Adarsh Parkland Phase 2

Hey everyone, I've been looking into Adarsh Parkland Phase 2, an upcoming project in Bengaluru, and wanted to share some initial thoughts for those considering it. Adarsh Group, with over 30 years in Bangalore real estate, is developing this. They're generally known for good construction quality and spacious layouts, which definitely bodes well for practical livability and end-user experience. The project spans 8.01 acres, suggesting a decent community environment. The price range is ₹1.77 Cr – ₹2.23 Cr, with an average price per square foot of ₹12000. For an upcoming project by a reputed builder, this could represent a good entry point for capital appreciation. Market timing for upcoming properties often means getting in early before significant price hikes as construction progresses and infrastructure develops around the area. The RERA number is PRM/KA/RERA/1251/446/PR/210226/008479, providing some regulatory assurance. However, it's worth noting that a recurring complaint against Adarsh Group is significant. This is crucial for an upcoming project, as it could impact the overall experience. While the potential for ROI and capital appreciation is there, especially with an established builder, buyers should weigh this aspect carefully. My takeaway: Adarsh Parkland Phase 2 offers potential for appreciation given its early stage and builder reputation for quality, but do your due diligence on the builder's past project delivery experiences.

Capital appreciation in Bangalore's luxury segment feels like a gamble right now. I'm looking at Adarsh Parkland Phase 2, priced ₹1.77 Cr+. What's the real capital appreciation forecast for this? High investor ratios worry me for future liquidity. Is Adarsh's project delivery track record still solid for such large-scale developments? Need opinions for long-term ROI.