u/Glittering-Tone1682

I'm evaluating a flat to buy in Ameenpur near fusion international school. Its a standalone apartment and near to main road and it has road on 3 sides and all shops right below the apartment. Location wise it seems convenient.

Here the deal I got from builder:

1000 sqft. West face. 1st floor.

Base and ameneties price: 64.5L.

GST 3.5L project got OC but builder still demanding GST that too in cash.

Wants registration done for 30L only so I'm worried about huge capital gains tax when i resell.

Expected rent 22k

Is this a good deal for this area? Financials wise does this make sense? Please help this clueless person. Thanks. 🙏

I see there are some news related to hydra that they have diverted a nala near bandam kommu lake but land it was constructed on seems fine. Any thoughts on this? Is this project safe to buy? How to check for hydra clearance?