I got a call from one of my friends referring me to a Sales person for Emprassa . So my friend and another friend of mine and myself went to meet the sales person. The guy was very courteous and friendly . We went through the whole presentation, which showed there are 4 options for investment(Studio, Studio+Kitchen, 1BHK and 2BHK). The 2BHK is basically Studio+Kitchen kept side by side:) .The promises are that the roads are done and the electricity poles are done, work is going on at present and the expected completion year is early 2018 and he went on to say give it another 6 months in case of a delay .
We were very happy with that side of the story and then he went on to say that there would be a guaranteed rental income of 12500/ month for each of us as we were planning to invest on a 1 bedroom flat and the other friend of ours would get 8500/ month as he was looking to invest in a studio+ kitchen .
All looked so good so far then my friend asked a the sales guy if we could know about the quality of the materials used like if it is hollow bricks etc to which he replied that he shall connect us to his Senior Manager and he would be able to help us on those details . So the Call was made and then the same question was put up, the Manager replies to us by telling us that since it is not being bought by you for staying in it then why are you worried about quality of the products used. Now that set the bells ringing for us, but immediately after the call the sales guy went on to say that the manager did not mean what he said etc.
However we left the office with our minds set to invest in the property and to arrange for the cheque to be done and submitted the next day . The following day in the morning we called our Sales Person to check if we could have someone visit the Site and he was more than welcome in helping us get about it. In a matter of an hour we received a call from Artha Developers  and a gentleman took our representative to the site .
Later that day after about 3 hours I received a call from the person who had gone to see the Site and this is what he said." this place is about 8 Kilometers from Hosokote, it is a barren stretch of road with only 2 small villages in between Hoskote and Emprassa. there is no factories or any development on either side of the road. He also went on to say that it would take approximately another 6-10 years for developments to take place of there.
Once he reached the Property He saw a small security Hut and next to it an Arch shaped hoarding and a wide tar road which is about 50-100 ft long and nothing else, well there were no construction workers or nothings else Just Barren land . There was no compound walls also. the guy who came along to show the place told us that this is the place and the development would take place . He went on to tell us that they are in talks with different companies to invest in places around this property so that they could have their staff accomadations in this property . Now we all know how long will all these process take and how effective it coul or would be .
Hence my advice to all my readers is invest only if you have excess money and don't mind if you loose the money or if the returns would be 10 years+ from from . We three friends have withdrawn from this after getting to know the reality of the project. All the sales talks were down the drain and so were the promises.
So Please Think well Before you Jump into This Project
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