Godrej Central Review

Hi Deepankar,
Godrej Central is situated in a serene locale, a stone's throw away from major connecting roads, highways and railway networks reducing your travel time considerably. Eastern Express Highway - 650 metres, Eastern Freeway - 5.6 Kms, Upcoming Santacruz-Chembur Link Road connecting Western Suburbs, BKC to Chembur - 1.3 Kms, Mumbai Monorail connecting Chembur to Wadala - 900 metres, Chembur Station - 2 kms, Domestic Airport - 13 Kms, International Airport - 14 Kms.

Chembur is a suburb situated in the eastern part of Mumbai. It is located at a distance of 22 km from Central Mumbai and 20 km from Chhatrapati Shivaji International Airport. Multi-Storey Apartments and condominiums are the preferred type of property. The locality witnesses demand from both end users as well as investors.

well shantanu,
Are flats still available and what is the impact of the leasehold land on the resale value of flats ? Also have any of the banks approved loans for the same ...any feedback on the same will be appreciated.

Okey,
I was in touch with an agent and he says everything sold out...very few units remaining like 7-8..also they have increased the price by 500/- per sq ft.. I know it is with MHADA but does it not make this a risky proposition especially in case you have to sell the flat for any reason. Recently learned that banks hesitate to give loans for short leasehold properties. My friend is having a tough time to sell his leasehold flat

Thanks Shantanu,
What is the building construction update and are all the approvals in place? When is the project possession date?

Well,
The project has just been launched and the work has not started and the commercial certificate from the Mumbai municipality is pending and is expected in another months time. the possession will be after 4 years so safely take till may 2018.