Green County by LG Builders

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Dear Harsha

I am planning to buy a plot 40 x30 in Green County project by LG Builders & Developers

This project is on NH7 near Nagarjun Engineering college @ Chikkaballapura Town 18 Kms from BIA

Some of the LG developer projects are LG Lake Dew and LG Rose Heritage, upcoming are LG Tranquil Wood

I am following up your website since long and trust a lot on the fair comments so though of having your views on this project before taking a decision.

Your prompt reply or feedback on anything you know about this project would be highly helpful & appreciated by me

Thank you & Best Regards

Nilanchal

 

Tags: asked February 24, 2012

6 Answers

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Hi Nilanchal,

Thank you for your comments. Yes there are some decently developed layouts from LG Builder. But the project in question at 18 km from BIA. What is your investment timeframe? Or you actually planning to live there? I feel the project is located very far away, and may not be livable for many years. Probably you should look at some projects which come before Devanahalli or very close to Devanahalli, not beyond that, then you may get better returns on your investment and will be livable too.

Regards,

Harsha

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Dear Harsha

Thanks a lot for your prompt feedback/reply.

Yes you are correct that this is little far…. the project is 18Kms from BIA (anything in the range of 5 to 10 kms raidus of BIA would be better choice) however I see the advantage of it being in the main road of NH7.

Secondly my investment timeframe is long (min 5+ years probably more and if required to have a holiday home on later stage if the area develop)

Yes your suggestion of in and around Devanhalli would be better choice but the prices are also high, here I am getting @ 625 per sq.feet  is it fine and current market rate in this area?

From Investment return point of view I know as pure plain FD in 5 years will give me 50% return and my expectation for land investment is that I should get around 100% appreciation, am I realistic in my thinking?

What is your personal view will in 5 years this will go to 1250 per sq.feet?

Alternatively if you know any better land investment option please let me know, I am anyhow a keen and regular visitor of site and your inputs are really helpful for people like me & many more for which I highly appreciate.

Thanks & Best Regards

Nilanchal

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Hello Nilanchal, Harsha,

Wish there was a response from Harsha? Did you finally bought this or dropped it? I am almost finaling this. Will be great if you can share some details. Sort of urgent. Thanks alot.

 

Regards

Anurag Jain

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Hi Anurag

Are you in Bangalore can you Pls call me on 8792891255

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Hi Nilanchal,

I am interested in this property as well and thought of getting more details from you.

I was trying to reach you at 8792891255, but i am getting message “Sorry you cannot call this number” which is bit wierd.

Do you have any alternate no i can call you at?

Regards,

Abhijeet

Bangalore

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Hi Abhijeet

Actually since I am  currently out of country my mob no would be out of coverage….

I have just dropped off the idea of buying it as is really far away from BIA

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