is the above project legal ... is it on gaothan area and can i get loan

28th March 2014

Buying property in Raj Radha Balkrishna Niwas, CBD Belapur, Navi Mumbai

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Hi everybody,
I am planning to buy a 3BHK property of this project. What are the options available in it and the current price per sqft ?

Shantanu Kumar, Mumbai

7th April 2014

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Hi Shantanu,
Raj Radha Bal Krishna Niwas by Raj Chamunda Builders and Promoters located at Belapur in Navi Mumbai. It offers 1/2/3 BHK in various ranges. 1BHK in 515-615 sqft, 2BHK in 865-730 sqft and 3BHK in 1565 sqft, @ Rs. 6250/sqft.
maximum flats have been booked and only one units of 3BHK in 1565 sqft on 5th floor is available for booking.

Vineet Tendulkar, Mumbai

7th April 2014

Thanks for the updates Vineet,
May i know its location advantages as well as the date of possession? Is there any issue regarding the project approvals?

Shantanu Kumar, Mumbai

7th April 2014

@ Shantanu,
The project lies 5 mins walkable distance from Sarovar Vihar, 2 mins walkable distance from CBD Belapur Railway Station, 15 mins from airport, 5 mins from Mumbai-Pune Highway. Basic facilities such as school, colleges, banks, ATMs, shopping malls and multiplexes, international schools and colleges are nearby the locality.
The expected date of possession will be June'2015 and the project is approved by the NMMC.

Vineet Tendulkar, Mumbai

7th April 2014

Hi,
This project does not exist on Gaothan area it is strategically located at Belapur in Navi Mumbai and has got all the approvals so there is no issue with the project. It is a fast developing srea of Navi Mumbai and has close proximity to major part of the city.
The funding banks are DHFL, GIC and Mumbai Co-operative Bank. You can get 80% of your property cost as a home loan.

Rakshit, Mumbai

7th April 2014

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