what is current position and anybody has boioked. is it ok or not

mayur shah,

23rd February 2014

Investment Advice in Hubtown Rising City, Chembur, Mumbai

Follow Discussion

Also see discussions for

Mumbai Chembur Hubtown Rising City Investment Advice Investment Advice in Mumbai Investment Advice in Chembur Investment Advice in Hubtown Rising City

Replies (3)

Hey Lalit,
I heard that they are quoting Rs. 1.92 crore which has an area ranging between 1285-1360 sqft. I also came to know that several leading banks like ICICI, HDFC, Axis Bank, LIC Housing Finance and Kotak Mahindra have approved for finance in this project.

Sankalp, Mumbai

10th March 2014

Comment

Hi everybody,
Is rising city coming in Ghatkopar or Mankhurd? How is the developer and what is the rate?

Abhishke Karule, Mumbai

10th June 2014

Hi Abhishke,
This project is on the corner-junction of EE Highway & Mankhurd by-pass near Cheddha Nagar. Rate should be about 11000/sq-ft or so...now the construction work is in full pace - if you are looking in Eastern suburbs - this project could be considered.

Sankalp, Mumbai

10th June 2014

Well,
This location is very close to chembur all big developments - roads, flyovers, monorail, metro etc and close proximity to BKC, So considering this place, area is 967 sq ft. for 2 BHK & seems fine with me. The only problem is they are providing carpet area of 604 sq ft i.e. loading more than 37%.

Q) Is that a standard with all builders in Mumbai.

Abhishke Karule, Mumbai

10th June 2014

Okey Abhishke,
The loading is fine.. all builders are looting public with this level of loading. This level is obviously unjustified, however it is a prevalent practice. The builder also charges development charges on amenities, so in a way, he is double charging you...

Sankalp, Mumbai

10th June 2014

Hi All,
Hubtown Rising City is one of the ongoing projects being developed by Hubtown Group. The flats are coming up in the centrally located area in Ghatkopar East and the construction work is in progress. Came to know that possession is likely by June 2017. I think in my opinion you can buy an apartment in this project. Good features, world class amenities, centrally located with excellent connectivity and high scope for appreciation make this project worth a buy.

Bikram, Mumbai

10th March 2014

Comment