Is Thanekar group is well known and reputed group in construction and is the flat in Thanekar Hillcrest worth to buy ?

Manoj Mungekar, Mumbai

9th October 2014

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Replies (10)

Scope of returns in small properties- As small properties were least preferred by developers and only 18% of the projects launched were in this category. Less supply and below than average demand makes the capital appreciation static.

Kishore Pathak, Mumbai

22nd January 2015

Comment

One can easily invest in prime localities of Mumbai including those in the Western Suburbs, Central Line and others. Andheri West, Goregaon East, Kandivali, Khar and Borivali have several such projects, having high price tags starting at a cost of Rs 1 crore for a 500-700 sq-ft apartment.

Anuj Gupta, Mumbai

22nd January 2015

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With more units to sell, developers wait on to offer competitive rates at the launch stage. Moreover, a longer development horizon helps complex properties achieve higher capital value appreciation.

Ramesk Polekar, Mumbai

22nd January 2015

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However, these projects are built over a large area which cannot be a possibility in main city centers of Mumbai. Hence for investment in such projects, one needs to move out from city limits and explore the border areas where these can be executed like Dombivli, Bhiwandi in Thane and Dronagiri, Kharghar in Navi Mumbai.

Sandeep Mhatre, Mumbai

22nd January 2015

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Hi,
Mumbai realty has varied range of projects including multi-towers to single building, having more or less the same kind of pricing. However, each kind of project has different dynamics as far as capital appreciation is concerned.
Large-scale projects:- Complex or multi-towered projects have several amenities like common area maintenance, car parking and recreational spaces as well as advantages of a glamorous neighborhood. These projects offer various sizes and configurations, suiting the needs of different kind of buyers.

Ramesk Polekar, Mumbai

22nd January 2015

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HI all,
I am planning to book a flat of this project and wanted to know whether project Thanekar Hillcrest at Badlaur (E) by Thanekar Group have taken all the necessary approval from the respective authorities and has clear title? Is there any other affordable projects in the nearby locality?

Ashish Bhoite, Mumbai

12th November 2014

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Hello Sir,
This project got all the necessary approvals from the respective authorities and has clear title.
Some affordable property in the nearby locality are Mohan Palms, Poddar Evergreens, Arihant Anmols, Mohan Highlands, Panvelkar Estates among others.

Deepankar Godbole, Mumbai

12th November 2014

Which are the prominent developer of this locality who have made their presence in Badlapur East? What is the current residential property rate is going on in the locality?

Praveen Modi, Mumbai

10th October 2014

Comment

Well Praveen,
Real estate property developers who have made their presence in Badlapur East are 5P Group, Panvelkar Group, Stalwart Impex, Arihant and Mohan Group. Some of the prominent real estate projects in Badlapur East include Shreeji Nirvana by 5P Group, Vellozia, Vrindavan and Bhoomi by Panvelkar Group, Ushakiran Residency by Stalwart Impex and Mohan Palms by Mohan Group.

The average price of apartments in Badlapur East are Rs. 3100/sq-ft., the minimum price Rs. 2700/sq-ft. and the maximum price Rs. 4200/sq-ft.

Anuj Gupta, Mumbai

10th October 2014

Hi Anuj,
I am planning to invest in this locality. Can you tell me something about its connectivity? How is the civic amenities in the society?

Praveen Modi, Mumbai

10th October 2014

Comment

@Praveen,
Badlapur East is well-connected via roads through the Mumbai-Pune Expressway. NMMT buses are available from Badlapur East to Vashi & CBD Belapur.The neighbourhood is served by fast trains and it takes approximately 1.23 hours from Mumbai (CST) to reach Badlapur. The nearest railway station is located at a distance of 3.1 kilometres and the nearest airport is Chhatrapati Shivaji International Airport at around 49.2 kilometres from Badlapur East.

There are several reputed schools and colleges in Badlapur East. These include D.G. Naik Vidyalaya, Holy Spirit School, New English High School, Adarsh Vidya Mandir etc. Apart from that some of the hospitals in Badlapur East are Sushrut Hospital, Mangalya Hospital, Dhanvantari Hospital, Mamata Hospital, Spandan Hospital etc.

Anuj Gupta, Mumbai

10th October 2014

Hi all,
As far as project locality is concerned Badlapur East is a rapidly developing city in the district of Thane located about 50.5 kilometres from Mumbai and 36.3 kilometres from Thane. Some of its neighbouring areas are Kulgaon, Belavali and Katrap. Real estate in Badlapur East (India) is witnessing growth in terms of residential establishments. There are several reputed schools and colleges these include D.G. Naik Vidyalaya, Holy Spirit School, New English High School, Adarsh Vidya Mandir etc.

Anuj Gupta, Mumbai

10th October 2014

Comment

Can you tell me the exact date of possession and which all banks are funding this project?

Jerome Fernandez, Mumbai

10th October 2014

Hi Jerome,
The date of possession will be December'2016 and the funding bankers are HDFC, Indiabulls and Canara Bank.

Anuj Gupta, Mumbai

10th October 2014

Hi,
Thanekar Hillcrest is the residential project of Thanekar Group. Thanekar Hillcrest offers you a marvelous blend of high end luxury and modern architecture. It is located at Badlapur East, Mumbai. It offers 1/2BHK residential apartments. 1BHK from 470-685 sq-ft. and 2BHK from 765-890 sq-ft. The current price quoted by the developer is Rs.3250/sq-ft. It will cost around Rs.15.27 lacs to 22.26 lacs all excluding. It is a G+7 storey apartment. It has 12 block in which only 3 blocks have been launched.

Jerome Fernandez, Mumbai

10th October 2014

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