Need investor perspectives on a plotted villa/farm villa opportunity I’m evaluating.
Project: Roja Ncorp – Farm Ville Mallorca
Location: Hosur industrial growth corridor
Pricing:
Plot: 3,600 sqft @ ₹2,250/sqft
Villa: 2,095 sqft @ ₹3,450/sqft
Total package: ~₹1.8 Cr
Investment thesis:
Exposure to Tata/Apple manufacturing expansion belt
Infra upside from STRR / improved Hosur connectivity
Hold for 5–10 year appreciation
Generate interim cashflow through Airbnb/weekend rental
Projected / marketed Airbnb income is ~₹1 lakh/month, which I’m trying to sanity-check.
Seeking views on:
Is pricing attractive for this stage of development?
Is ₹1L/month Airbnb realistic in this location?
Builder credibility / execution history
Exit liquidity in such projects
Better alternatives at similar capital?