A recent report by JLL has again put a spotlight on investing in a price band of INR – 2500 – 5000 sq. ft. According to them, “It is also most prudent to invest in properties where the price tag falls between Rs. 2500-5000/sq. ft., since such a price tag provides downside protection against any capital value erosion.”
In our research we too have seen a trend where investors and end users have shown preference to this price band. There are many projects in the price band of INR 2500 – 5000 sq. ft. which are being preferred by buyers for the reasonable pricing and prospective growth.
“Square Times has delved into the buying trends at squareyards.com to know which quality residential projects are generating a buzz amongst buyers.”
1. Shriram Greenfield (Bengaluru) – At Shriram Greenfield 19.75 acres of apartments are built around a project of 60 acres. The project is just 15 minutes away from Whitefield, situated off the Old Madras Road. The price range starts from INR 4000 per sq. ft.
2. Kalapatru Residency (Hyderabad) – Renowned property developer, Kalapatru have made a debut in Hyderabad real estate market with Kalapatru Residency located at Sanath Nagar
3. Radiance Realty Royale (Chennai) – Located at Chennai West at Poonamallee, Valasaravakkam, Radiance Realty Royale is attracting buyers with a price starting from just INR 4000 sq. ft. onwards.
4. Unimark Springfield (Kolkata) – Rajarhat is an upcoming area in Kolkata with a lot of buyers and developers focusing on this micro market. Unimark Springfield comes with a price tag starting from INR 4050 per sq. ft.
5. Paramount Golf Foreste (Greater Noida) – With prices starting from just INR 3456 per sq. feet this residential project is witnessing a lot of buying activity. Add to this, a payment plan with no EMI’s till possession and assured rentals, it all bundles into a lucrative deal for the buyer.
People looking for online deals are quite conscious about the price as the current market cycle is offering some great bargains. There are host of other projects located across India which are offering this
