Chaukhandi: Is the investment potential real or hyped?

Chaukhandi keeps popping up in my searches. The property prices seem high, honestly. Is it worth investing here, considering the current market? I'm also a bit concerned about waterlogging during the monsoon; I've heard mixed reviews. What's the real story? My budget is tight, and I need to make the right choice. What's the community's take on Chaukhandi's investment potential vs. the ground reality? Should I look elsewhere?