I would worry about possible delays or cost overruns over that stretch.
315 sq ft 1 BHK size is too compact. Difficult to arrange living and bedroom areas tidily.
Rental return appears decent. Small sizes in proximity to schools and stations should be available easily.
I prefer the maintenance-free flats and green aspect. Suits our little family perfectly.
Budget shoppers often find me suggesting Shalimar Residency. Tidy 1–2 BHK floor plans are precisely what first-time homebuyers need. Price/sq ft is reasonable.