Why Ittina Mahavir flat cost is lower

Review On Ittina Builder

I am planning to buy a flat at Ittina Mahavir. They are offering a rate of 2200/- per sq ft and is almost ready possession. The other projects which will give possession after 2 years(Eg Ganga Vertica which is right opposite)are offering at 2600/-. Can someone help me understand why the rates are so low? Hope builder is genuine and there will not be issues later on. Further they insist on going for loan only with Andhra Bank, seems their project is not approved by other banks. I am confused after reading other reviews.Any guidance here will be appreciated.

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