Dear Rahul,
Since the project shriram smrithi is on sarjapur-Attibele Road. Sarjapur-Attibele Road is a very safe locality and well connected with the other parts of the city. The rate per sqft going on in this locality is Rs 2900. You can expect good appreciation in the coming years.
Coming back to the Cons: Poor construction and very slow progress. Communication is not proper. Once you pay, then getting the refund back becomes difficult.