Blue Ridge - 1BHK "Slim Fit" apartments launched today.
Some observations/queries I have:
1. Flat layout: No balcony, cramped internal space. Shared wall. a. Some flats are actually "studio type". No closed bedroom. b. Huge common passage, railway bogie like layout. 2. Who is the target buyer? 3. What will be the approx monthly maintenance? 4. As an investor: a. Will there be any appreciation if any during resale? b. What will be “in-hand” rent after maintenance & property tax? 5. 9 flats per floor, approx 20 floors/bldg, 5 buildings = 900 flats and Only one swimming pool & tennis court as amenities.