Hiranandani Parkville Oragadam
Thoughts on this project as an safe low risk investment? 60-65L, 2 BHK, 1070 Sqft saleable area with 687 Sqft carpet area, 35% UDS & Possession Jan 2029
Pros: High quality construction (Hiranandani) Good amenities and beautifully maintained 360 Acre township near large manufacturing plants like Foxconn, Daimler etc. Right on the Chennai Peripheral Ring road, future infra, industries and highways planned. Decent Rental for existing flats in township (large 3BHKs go for upto 45K INR)
Cons: Very far away from Chennai. Slow to grow, Expensive relative to the area (due to brand), limited buyer pool, can't use it personally as I reside in the city, will have to rent it out