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Will sonepat be a safe investment option?

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Will sonepat be a safe investment option?

Last updated: March 19 2012
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  • #11

    #11

    Re : Will sonepat be a safe investment option?

    Originally posted by AJAY33 View Post
    Budget of 30-40 lac only, for investment purpose only.
    Then go in only for plots if you have a holding capacity of around 5-10 yrs as plots give the best appreciation. Built - up contructions tend to lose their value for the construction component & in any case I dont really foresee any significant demand foe rent even 5 yrs from now.

    Plots in your range can only be available in either

    1/ Express City (left side of NH 1 while going from Delhi and on KMP)...not sure if smaller plots are available...need to scout the markets & brokers...very few available for Express as most inventories is held by lalas for their long term investments.

    2/ Jindal plots - good but beyond your current budget.

    3/ Farway sectors of TDI (K,L , etc.) - connectivity to be a problem for these. FNG (KMP cousin on this side wont see the light od the day for atkeadt next 10 yrs. in my opinion)

    Express City plots is my choice if I were to invest for your kind of budget & need.

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    • #12

      #12

      Re : Will sonepat be a safe investment option?

      in my opinion express city is just a dumb project like parsvnath,
      the builder has done nothing in last 7-8 years ..!
      it acquired land in 1000 persqyd and sold it for 5-6,000
      have not developed floors or villas .. dont expect this project to be inhabitated before
      15 years from now .!!

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