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Thanks for the advice Shaunak, Even i saw that some brokers have updated in their site that the project will start in September or few in July. I also suggest the buyers that don't buy property before checking its legal approvals. Now-a-days project delay has become a fashion.
Hi Rajat ,How is project locality and connectivity? I heard that there is a traffic jam issue during the office hours and people have to wait for several hours?
Hi Anirudh, Nirmal Olympia enjoys proximity of location due to smooth connectivity to major parts of Mumbai. Project site is very close to MUlund Station and LBS Marg. Daily commuters can take Eastern Express Highway route to reduce the traveling time spent in traffic jams. It is also very close to basic amenities like Bilabong International School, St. Gregorious High School, Nirmal Lifestyle Mall, R Mall and MT Agrawal Hospital, Thane is at 10 mins driving distance from the project site.
Hi Everybody,, Project updates of Mumbai based real estate developer Nirmal Lifestyle comes with its new residential project Nirmal Olympia. The project has been designed with an objective to offer affordable homes to residential property buyers having limited budget. The project has been carefully placed in Mulund West,Thane. It offers 1/2/3BHK residential flats from 828-1359 sq-ft. It's 2BHK is available in 828-990 sq-ft. 3BHK from 1107-1224 sq-ft.
Hi Shaunak, Have you booked your flat in it? How much they are charging for 2BHK? When is the project possession date and which all banks are funding this project?
Good Evening Rajat, No, i have not but planning soon. 2BHK will cost to you Rs. 89 lacs to Rs. 1 crore onward whereas 3BHK Rs. 1.20 crore to Rs. 1.30 crore onward.
As per discussion with their sales guy, i found that the date of possession will be December'2017. Almost all the leading banks such as ICICI and HDFC have approved this project for home loan.
Thanks Shaunak, It is came to hear that the construction work has stopped due to some legal cause. And when i approach the builders office and ask them to show the legal approvals they are not ready to show before 20% booking amount. Is it right? When is the project going to start?
Yes, it is right that the project was delayed due to Intimation of Disapproval and Commencement Certificate. Now, they got both the approvals from BMC and construction work has started.
If they are not showing all the legal documents before registration then better to avoid this project.
Hi Deepankar, The developer of this project has committed to provide its possession on time. It will be near about December'2017.
Payment & Booking terms:- 110000 as a token amount at the time of booking, 20% of flat value within 30 days from date of booking, Remaining payment will be based on construction linked .
HI Chandrashekhar, Nirmal Olympia by Nirmal Lifestyle Group offers 1/2/3 BHK residential apartments from 603-1170 sq-ft. The cost of 1BHK in 603 sq-ft , @Rs. 10400/sq-ft is Rs.62.71 lacs in Wing-C whereas in Wing-A/B it would be around 65.72 lacs, @ Rs. 10900/sq-ft. Rate to be increased by 11000/sq-ft soon.