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as an alternative, you may look for RG Residency sec 120 possession may be by end of 2013, Unihomes-3 new project, possession might take 3-4 years
I am also looking for 1-2BHK for investment with 30l budget, not sure if investing in Amrapali Terrace homes at link road is a safer option at this point. it is around 5-6kms from 7x sec. but also way more cheaper for investment pov