NFC II Info replied on Thursday, May 3, 2012 12:09 PM
In my opinion, it is a great investment in the amount that plots are available. As with any other investment, there are pros and cons to this; Pros:
1. Location is excellent
2. Land is available and in one pocket
3. Title is free of issues
4. Planning is good
Cons:
1. Development is delayed and may require more funds per plot to complete
Btw, i have recently invested in this scheme after due diligence and found out that tenders were issued, which were subsequently cancelled because only two firms participated. New tenders will be issued in May-June and development is expected to resume in full swing in Jul-Aug. Recently prices of plots have gone substantially up on hopes of development.
This is the info that i have,others are also urged to share their experience. |
