SJR Crystal cove

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This is the offer I got. A villa/rowhouse ~4000 Sqft is costing me 1.53 cr. The model house is a beauty, the project is coming up good. I am almost about to decide. Two issue, they are not ready to negotiate and 500 mtrs stretch from the Wipro gate is not very good (there are other approach roads though). Any suggestions? Neo Mall, Metro station at Electronic City, Peripheral ring road and the project completion will easily bump up the price to 2.5 cr within an year – this is what I was told. Is that a fair analysis? Considering , it is a luxurious large villa, is 1.5 cr a good deal? 2.5cr after an year seems to be reasonable . I ran this through my friend who works for real estate large PE fund, he does think 2.5 cr in 1 year is a reasonable expectation. Any other experts?

Investment is my main intention , although I would not mind moving to this project at a later point.

Tags: asked February 4, 2013

1 Answer

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Did you get any comments or feedback on this? I am looking at Crystal Cove as well, but not sure how it will turn up.

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