Two years back my father-in-law booked a 3 BHK flat of 1740 square feet in Mojika Real Estate Developers in Malhotra Nagar of Jaipur which is just adjacent to Vidyadhar Nagar and Central Spine area which is regarded as one of the most posche area of Jaipur. The project is on work-in-progress mode and possession will be given by June, 2016. But already the rate has gone up by more than twenty percent which depicts that it is a good investment plan.
It is one of the most luxurious real estate project coming up in the city of Jaipur with all amenities like classic interior, safety provision, swimming club, parking slot, club house, hall for events and many others. Our three relatives have also made booking in this project and currently it is in huge demand. Payment norms are also flexible and divided over number of periods in a particular quarterly or six monthly wise to avoid burden of large amount of payment on its investors. We decided to invest in this project because of its location in one of the most posche area of the city. Also, it was suggested by our relatives who had already invested in this project.
The legal proceedings and documentation is transparent and simple in procedure. This project has already made money for us and its rates are still increasing. Initially, we decided it for investment purpose only but now my parent-in-law want to sustain this flat for future purpose because it will be almost impossible to get such amenities based flat in this posche area in the coming periods.