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Home > Forum > Navi Mumbai > Investment Advice > which will be the best & secure sectors & plots in ulve in future regarding investment basis ?

which will be the best & secure sectors & plots in ulve in future regarding investment basis ?


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Replies (8)
1
Hi Vineet,

When it comes to paying the amount by way of tax, why pay in cash. If a builder asks for any amount for the book value of the property as tax, it has to be paid through cheque or by DD. If the builder is threatening to cancel the booking , you can file a complaint with developer regulatory board such as CREDAI.
Ashish Sharma


2
Dear All,

Can a builder collect service tax & VAT in cash from the buyer for under construction building ?? Can the builder cancel the sale agreement of the flat on that ground???
Vineet Tendulkar


3
Dear Friend,

According to latest trend predicted Ulwe is becoming a hot property destination for residential flat investment for long term around 5 years. So it will be better to invest with a reputed builder and in good locality. Annual return would be around 29% subject to risk and growth factors. Considering factors like Proximity to Navi Mumbai International airport and linking of Thane-Belapur Road via Uran which further connects to JNPort, Ulwe will witness a large scale residential as well as commercial developments.
Padma G


4
Thanks for the updates Mr Praveen!!!!.

Is it Ok to invest in Ulwe in Navi Mumbai??? What is the expected appreciation in near future??? After all its my hard earned money which I am planning to invest in this area?? Looking for a suitable advice.
Suresh Khanna


5
Hey Sankalp,

I have a property query? What percent of appreciation is expected in Ulwe in next 5 years considering the delay in the proposed airport????
Abhijit Thanki


Hi Abhijit,

It may not be possible to predict the exact rate of growth in the current scenario. Much will depend on the decision taken regarding the airport which is under scanner for quite some time. But came to know that the proposed airport coming up in Ulwe has been scrapped and new location has been identified which is in Madh Island.
Praveen Modi,  Mumbai
30th January 2014


6
Hi Ashish,

Since you are looking to purchase 1 BHK flat in Ulwe, you have not mentioned in which sector or plot you are looking at??? There are several projects coming up in Ulwe. The property values in Ulwe range between Rs 4500 to 5400 per sq ft. A pre launch property may be available at a slightly lower value. Ulwe may turn out to be a beneficial investment in future.
Sankalp


7
Hi all,

I want to purchase a 1 BHK pre-launch flat in Ulwe?? Any units available and if so kindly do let me know??
Ashish Bhoite


8
Hi Amit,

Ulwe as a whole is emerging as one of the hot property destination in present times. The value for the properties are on a roll due to many residential and commercial establishments coming up in the locality. Being close to Seawoods, Expressway and Vashi, Ulwe has seen tremendous developments.
Shrikant Kejriwal


Hello Shri,

From investment point of view most of the sectors and plots have registered a positive growth in Ulwe, hence all the sectors and plots carry equal importance as far investment is concened.
Ravi Waghmare,  Mumbai
30th January 2014


9

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