I had booked a flat in dec 2011 with one of the reputed builder on new satpatti road. while booking the flat it was informed that possession of the flat will be given by oct 2012. Unfortunately i am still waiting for the possession of my flat. it almost 2 years and 5 months passed. When checked with builder, reason given was sand issue in the area. as per them sand supply is restricted in the area by government hence there is delay in the possession. If Palghar is growing reality hub with various projects. Will this sand supply issue not cause a delay in getting possession on time.
I feel its just a waste of time and money in investing for property in this area.
Be careful before booking. As agents / builders will give all kind of promises. and people like us will be stuck in vain.
Hi Bhawan Singh, I would suggest you to buy land in Palghar. Palghar will be a long term investment as it will take another 10 -12 years to develop properly. Moreover the apartment also wont fetch you much of the rentals.