Cenvat credit on feasability study service

Guys,

The assessee company is in the business of renting properties for commercial purpose in Chennai. It intends to open another complex for the same purpose at a different place (Say Coimbatore). For this purpose it undertakes a feasibility study at Coimbatore @ 10,80,000 (including service tax). Can this service tax be claimed as input credit while discharging its liability?

The complex at the other place is to be constructed and then let out for commercial purpose. It appears that most probably the complex would be constructed and let out.

Now on the above grounds can the Service tax on this feasibility study be taken as input credit?

Thanks & Regards

Sashi