Well, let me try to give a more specific (though lengthy) response to that question. The 3 societies that you have mentioned are spread over a large area and would cover at least 3 different sectors. People investing in this particular area are actually buying on the Sangjani Interchange project, so the question is which of these can give a better return through this project. Hereâ€™s my analysis:
The Society has reasonable development standards, although a small part of it is still under development and that part also has some legal issues. However, in the rest of the society, possession has been given, house construction is underway, and there are around 30 houses already inhabited by families while more are under construction. Most of the plots are 600 sq.yds. And is located in a quite area.
Despite all the development and house construction, prices have remained quite low. The reason is that it has no direct access to any main road. For GT road, you have to cross the entire D-17, and there is no decent approach to the AWT society, where the interchange is being built. The security arrangements are virtually non-existent. So I would consider it to be a potential investment for the medium term, if they can find a way to link up with any main exit road.
Good development, partly still underway.
Poor road access through a congested market area, no population worth mentioning, no security yet. As an investment, it might not pay back much for at least the next 4-5 years.
Owned by a very strong stakeholder, its emerged as a dark horse winning the race for infrastructure development in Zone 2. While other major projects in this zone have recently suffered setbacks, the Sangjani Interchange project is very much on track for opening in 2 months InshAllah, plus the widening of paswal road to GT road has almost been completed. The interchange project is located in the heart of the society, making it possibly the only society to have its own interchange on the main motorway. Society development is complete with all facilities (water, gas, electricity) available and full possession. It is Completely surrounded by a boundry wall and security is provided by Askari Guards. AWT seems to have some good plans in the works to get this society populated. Prices are already showing an upward trend.
There is virtually no house construction yet (only 2 or 3 houses) due to the current poor access. The electrification system is external. People projecting it to be like a future defence are wrong, its more likely to be like a cantt, with military facilities on the south side.
If making a quick and decent return is your objective, in this area, AWT will serve your purpose best InshAllah. The key is to get a good location plot. Thatâ€™s my opinion, others may add or disagree, to my analysis.
2105 days ago