Artha Grihastha – Is it Worth an Investment (Urgent)

0

Hi Harsha

I request your feedback on this Particular project of Artha => Artha Grihastha

Is it worth an investment. Will there be some appreciation in the long term.

I had been for a visit yesterday at the location. I was OK with the project developments but lots of queries

creating hesitation in taking a final call

=> Firstly the distance. It tooo far from the city. & it nearly in the border (Both TN & Andhra).

It near to Malur & Bagalur. But i assume distance shouldn’t play a major role in long run if the property

has good appreciation values.

=> The Builders. Earlier promised for 100 Acre development, but now only 40 Acres.

Is this some sign of issues?

=> I dont assume the Infoysys SEZ will be started in long run. Will this effect the development around this area.?

Kindly advice as i need to take some call by this week on investments.

I have seen type C1 wherin the plot is 30×50, with 3 BHK built up area of 1447 Sq Ft. It costs 42 with Reg.

Is it worth it?

 

Await some response on this

 

Thanks in advance

Rajesh

 

asked October 15, 2012

8 Answers

1

Feedback from Artha Reviera residents.   Better avoid this builder.

https://www.facebook.com/ArthaProperty/photos/a.248668845172002.60025.153199011385653/960220624016817/?type=3

0

Personally I have an investment I made after Chandapura (on Hosur Road) about 7 years back, the project though close to NH has seen very nominal appreciation. When the distance is too far its very hard to get decent rental income and over a period of time the value of the house itself depreciates. Keeping this in mind I would not bet on anything beyond Sarjapur village.

As an investor I would surely avoid and instead pick up an apartment within city limits from a small developer for assured rental income. If you really have to invest on the outskirts then its better to buy a plot in a BMRDA approved project and hold it long term for appreciation.

0

I have booked to Villas in Grahista last year, currently both are almost in completion with interior to be done. I Dont see distance as a issue if teh rodas are good , 22 KM to Whitefield and 14 KM to Sarjapur is not far away. I think it is good for both investment and living purpose, I visisted the protery last week, i saw many Brand builders  coming up near the 5 KM range , Confident group, Nirvana, and  few more. I can see devlepment in coming years, Please call me in case you need further details 9008901100

0

The price is too good. I personally feel that individuals who are actually working nearby buy a plot here. Its like getting all the needs and requirements within the small amount of money. Hurry up this is one of the best opportunity where you could make a proper and better investments

0

The project is good and i feel that the ones who are working close by to that specific area can invest in this property without even making any sort of a delay. Investing in all these properties would help get all that you need with just this small amount of money. I could see a major development in this area and for further details of the property you could connect with the customer success team of artha properties at 9972931341 (Mr. Balaji) or 080-46000 000

0

Artha properties Grishtha project look like a good investment especially in terms of the location.Though their price is not reasonable, compared to some other builders they seem alright. The entire team has been supportive enough in getting the changes done with things that we did not like or did not want it to be there. Thank you the entire artha team, you made my job easy and proved that a real estate industry can survive only if they listen to their customers. Good job

0

Hi i am interested to make an investment in this property. Could i get more details regarding this. Comments and feed backs are welcome

0

I am one of the 1st movers to started staying in Artha Reviera Community… I have faced and facing lot of day to day issues and other basic requirements are missing… Since last one week Artha has disconnected the DG for around 15-20 families who paid the maintenance amount in advance for 2 years asking extra charge for the power backup after the maintenance amount…
Please have a detail look on the issues/concerns most of the Reviera Resident in Facebook link: https://www.facebook.com/ArthaProperty/photos/a.248668845172002.60025.153199011385653/960220624016817/?type=3&theater

Please Login/Register to post your answer

You can also Login with an existing username and password or Register the old way.