Real Estate Forum in India

Real Estate Property Discussion Forum and Guide to Real Estate Queries in India

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Q: EGV launched Phase - II at Rs.3900/sq.ft. for a limited period offer.

Latest Answer: Hi everybody, What appreciation rate can I expect by investing in a 2 BHK resell apartment in Newtown, Kolkata? How much it will differ from a new property?

Q: Hi, Izara, one more project by Marvel.......what are the prospects of this project? Where is the exact location?
Latest Answer: Hi, I want 2BHK flat at pune with all amenities. My budget is around 50 lac and I want a property at NIBM Road, gangadham road,or baner.

Q: I am interested in this project. I want to know more about this project.. When is the possession?
Latest Answer: Hi, I am keen to invest in this location. But I have no idea about this sector. Can I have any details about this sector?

Q: In websites it is showing that the project is having only 3 bhk apartments but I heard that they have 2 bhk apartments as well. Can anyone clarify it?
Latest Answer: Please share the price details and bank approvals. What size of apartments provided by the builder?

Q: I've heard that traffic accidents involving pedestrians have been on the rise lately. I will be shifting to chanda Nagar sometime this year for higher studies and want to know what the situation with this is like.
Latest Answer: I think a study is going on now to decide which areas the bridges need to be in. If i remember correctly, Chanda Nagar will be one of the areas getting a foot bridge. I hope this answers your question.

Q: What’s the rent trend in the city? I’m planning to buy a second property in Marine Drive and rent it out. What do you think guys, good idea? Suggestions are welcome.

Latest Answer: If you let out a regular 2bhk apartment near Kochi infopark, then you can charge upto Rs 16,000 if it is semi-furnished. If its fully furnished then you can charge up to Rs 20,000. If the apartment complex has amenities like gym, swimming pool, etc, you can even charge an additional Rs 2000 per month. Flats are generating more rent than houses, so I’d advise you to invest in flats only.

Q: What’s the status of the old Mattancherry bridge in Kochi? Is the development authority doing anything about it? Updates, guys!

Latest Answer: I read that the GCDA are thinking of restoring this old bridge as a tourist attraction spot. Currently it is closed to public. Their logic is, if they are allowed to restore and publicize it as a tourist attraction spot, it might even help in generating some revenue!

Q: I heard that the KSEB are going online? Is that true? I hope so, it will make things so much easier for us!

Latest Answer: This is just one of the facilities. There are going to be others as well, like lodging any complaints, checking out the progress of any development works undertaken by the KSEB, etc.

Also see discussions for
Q: I heard that they are finally doing something about the congested Vaikom road. Is it true? Honestly it seems too good to be true for me.

Latest Answer: Yes but I think what the authorities have come up with for the land acquisition is interesting. They have claimed that whoever surrenders their land without charging anything will receive Transfer of Development Rights (TDR), which basically means that they will enjoy certain privileges in building rules throughout the state.

Q: Anything for Kochi in the new union budget? Thinking of investing in this city, want to know about its future prospects.

Latest Answer: For example the Rs 250 crore Maradu water treatment project. The thing is that so far, the city has been only able to spend 46% of the allotted Rs 517 crores, and without further approval from the centre, nobody knows what steps to take. The projects are lying abandoned at the moment.

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