Unitech Unihomes 3 a good investment project?

Review On Unitech, Gurgaon

Unitech is a big name in the real estate industry,

as they say, "Naam bade darshan chote" on this line, Unitech has proved that this is actually correct.

I invested in this project having in my mind that I will get the posession in 30 months and on top of that I will be able to earn some rent even though rent money will actually be part of my bank EMI's, Also property rates spikes will results in good return,

However, what has happened is totally different, Bank has stopped funding this project so I have to pay the installments on my own, posession date has passed and work is still in progress, which essentially means that I have to pay EMI from my pocket(No rent), and as an investor if I would have invested this money in any fixed deposit, it would have given me better fixed return.

I would strongly recommend to DO NOT put your money in Unitech projects. it is like a sinking ship and no one wants to board a sinking ship. until unless you think otherwise.

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