Dear All,I am planning to buy a 2BHK in Clarion.

Q: Dear All,I am planning to buy a 2BHK in Clarion. Basically I was looking for some 2BHK in Kandivali (E) and the broker took me and shown the site.He was all gang-hoo about the project and said that he has a investor flat at good rate with good appreciation in future. He also mentioned that work was stopped but now it is in full swing. But thanks to the reviews by all the users in this forum, I want to be doubly sure before taking a plunge.So just like to know1) Is it a good time to invest. I am ready to wait for some time but just dont want to be stuck in the same indefinitely in hope of good returns.2) Was CC for higher floors the only issue or there are some other issues. CC issue could be (or might have been resolved) after the BMC approval but if there are some internal issues (like as mentioned cash crunch, land title) that they are very difficult to resolve and could stop the project for a long time.Thanks in advance

Nitin, Apartment Resident

19th March 2013

Buying property in Mumbai

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You can also join the owners group in the the project page in this website and continue with the discussions. I believe you will get much better information about the project with the owners..

Praveen Modi, Mumbai

20th March 2013

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The rates of properties have gone so high that it has been ensured that 1-2 percent price hike can be witnessed in the luxury segment in the next two years. Also expected is a 0.5 percent growth in Mumbai rates which is due to a positive growth in the city. So, good time for investing..

Vinay Dixit, Mumbai

20th March 2013

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About the CC issue you can check the registrar office for more details. They will be better to guide you on the approvals.. happy investing!

Sunil Joshi, Mumbai

20th March 2013

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Hi Nitin, even I had a doubt about a project and after many discussions in this forum, got a right review and invested in a project.. I feel this is the right time to invest in real estate as the booking of properties in Mumbai has witnessed a rise of 26 percent in January this year. As per reports, sales registration of properties have gone up.
However, if month by month analysis has to be done, then the growth was merely 10 percent higher than the previous month, December. In that particular month, a growth of over 42 percent was witnessed in sales registration as against November.

Nishant Bhat, Mumbai

20th March 2013

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