How is the project?will it we launched soon or already launch?when are the construction starting?

mukerji, Mumbai

6th November 2014

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Apart from that this project has several location benefits:
Closeness to LBS marg and JVLR which further connects to the International and Domestic Airports in Western Suburbs - 20 kms.
Distance of 15 kms from Ahmedabad Highway - 25 mins.
One would reach Thane in about 13 minutes - 8 kms.

Ashish Sharma, Mumbai

6th November 2014

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Thanks for your quick reply....
Do you know when is the project possession date? How is the project locality? How is the condition of drainage and sewage system? I heard that this area has a parking issues?

Kishore Pathak, Mumbai

6th November 2014

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Well Kishore,
As far as my knowledge is concerned Mulund West is a suburb in the northeast of CST. It has a railway station on the Central Railway Line of the Mumbai Suburban Railway. It has easy access to the Eastern Express Highway and Navi Mumbai through the Mulund Airoli Bridge. It has rough concrete roads, mostly around 12 to 15 ft. wide. The area has good underground drainage and sewage system, though it is prone to flooding during monsoons. The area has parking issues. The traffic in this area is heavy but well modulated.

The expected date of possession will be around December'2018.

Ashish Sharma, Mumbai

6th November 2014

Hi all,
I wanted to know the construction at Nirmal Olympia going on. Is the construction good. whether the land is freehold or leasehold and whether the title is clear. whether the land is not a notified area like a forest land by the govt. will the builder give all the amenities as promised. I am a bit worried about all these aspects as it is my first investment in Mulund East. Also, whether we can pay the cost in instalments as and when the slabs are ready.

Kishore Pathak, Mumbai

6th November 2014

Comment

Hi Kishore,
Better you visit the developer's office and ask for the legal documents. You can also verify it from the nearby municipal corporation regarding the lease hold and free hold land, clear title and notified area.

As i know that several banks are issuing housing loan then there should not be any doubt of installments as and when the slabs are ready.

Ashish Sharma, Mumbai

6th November 2014

Hi all,
I wanted to know the current price per sq-ft. and the various sizes available? Which all financial institutions are offering loan for this project?

Sandeep Mhatre, Mumbai

6th November 2014

Comment

Well Sandeep,
1BHK from 603-729 sq-ft., 2BHK in 828 sq-ft. and 3BHK in 1170 sq-ft. The current price quoted by the developer is Rs. 10500/sq-ft.

The cost of 1BHK will be Rs. 63.31 lacs to Rs. 76.54 lacs, Rs. 86.94 lacs for 2BHK and Rs. 1.22 Cr. for 3BHK. This price is all exclusive.

Almost all the financial institutions such as ICICI and HDFC are offering loan for that.

Ashish Sharma, Mumbai

6th November 2014

Hi,
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. Available housing choices here consist of 1, 1.5, 2 and 3 BHK apartments that are spread at a tentative floor area of 594 square feet - 1107 square feet.. This project is under construction.

Ashish Sharma, Mumbai

6th November 2014

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