i heard that they dont have permission to built 16 floor and construction is on halt is it safe to invest in it ?

Vishal Sharma,

25th February 2014

Investment Advice in Shree Sai Krishna CHS, Andheri West, Mumbai

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Replies (5)

Hi Deepankar,
Would like to know if I invest in a flat in this project, what is the level of appreciation that I will be getting in 5-6 years down the line?? Will I get my money's worth. Do suggest me about this.

Vineet Tendulkar, Mumbai

26th February 2014

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Mr Vineet,
The market rates are presently going through a upward trend in present times. It is very difficult to predict and forecast the future of real estate market since it is totally based on demand supply module and also depends on market forces. Though the prices will surely get an appreciation, to what % is the level of appreciation you will get is very difficult to say.

Praveen Modi, Mumbai

26th February 2014

Well,
Another factor is new metro link that will connect the north-western suburban areas of Versova-Andheri with Ghatkopar and will have a major impact on the realty scene of the area.

Ashish Bhoite, Mumbai

10th June 2014

Yes,
There was a report that the land value has seen a 22% variation in areas with metro proximity and even traditionally, increased transport facility and better connectivity does have a major impact on the nearby areas.

Praveen Modi, Mumbai

10th June 2014

@Praveen Modi,
But it is a matter of pride for the Mumbai With the launch of Mumbai metro, Mumbai becomes the fourth city in the country to have metro rail operations, besides Kolkata, Delhi and Bangalore.

Ashish Bhoite, Mumbai

10th June 2014

Hi,
I came to know that the project has got the all the required clearance from concerned authorities. Many leading banks like Axis bank, HSBC, HDFC and ICICI have approved for finance with this project.

Deepankar Godbole, Mumbai

26th February 2014

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Hmmm. That sounds quite interesting as far the specifications are concerned. Well what about the transport and connectivity available to this project. And also are the project being approved by concerned authorities?? Which are the banks offering finance? Do let me know about it.

Sankalp, Mumbai

26th February 2014

Comment

Hi Sankalp,
The apartment is located very close to Andheri station which is just 3-4 kms from here. It is also accessible through Link Road. BEST services are available from here going towards Jogeshwari, MHADA Colony, Vile Parle and Marol. Taxis and autos form the other mode of public transport.

Shantanu Kumar, Mumbai

26th February 2014

Hi Bikram,
The apartments consists of 2 BHK having area ranging from 1000 sqft to 1040 sqft. The price of the flats starts from 1.55 crore onwards and goes upto 1.61 crore which does not include registration, stamp duty and VAT. Amenities include garden, children play area, security, 100% power backup, maintenance staff, jogging track etc.

Padma G, Mumbai

26th February 2014

Comment

HI,
Since the work is going on in this project, I think in my opinion it is safe to invest or buy a property in Shree Sai Krishna. Also had a first look at the sample flat which was really good with rooms having adequate open sided ventilation. The flats are vasthu complaint and some of the specifications include aluminium sliding windows, all rooms comes with concealed wiring, false ceiling, kitchen tops having granite platform with stainless steel sink.

Lalit Verma, Mumbai

26th February 2014

Hello Vishal,
Got in touch with the company executive and came to know that work is in progress and possession is likely by April 2015. The project is coming up in DN Nagar in Andheri West. The flats consists of single block having 16 floors.

Rakshit, Mumbai

26th February 2014

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