Adnan replied on Wednesday, April 3, 2013 10:04 AM
you will pay 70+ for an average location phase 7 plot today, it is likely to be 120k in 5 years, profit of about 50 lacs. Phase 9 today is 37.5k plus 15k development, you pay 52.5k. It is likely to be 100k to 120k in 5 years post development depending on the plot location. Profit is about 50k to 70k depending on location. So take your pick. If I were you, I would bet on phase 9 and take my chances on location, I might get lucky and have my plot on a great location. Also, the development charges will have to be paid in three years on installments. So, if you want to build next year, go for phase 7 today as after handover, it will run out of budget. If you want to only invest, best bet is phase 9 file. |
