Runwal is a big cheat, he is cheating by canceling bookings of all Runwal Infinity customers who had booked 9 years back

Victims of Runwal, Mumbai

15th November 2014

Investment Advice in Mumbai

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Replies (5)

hi dwarkesh., dont ever buy in under construction properties. Now days builders are smart. If there is a big price difference then they will take the difference amount later. so no point investing in advance and wait for property. Now the property prices are going to be flat for 3 to 5 years. Better invest in FDs or mutual fund.

Sandeep, Mumbai

15th April 2015

Comment

Another benefit for the seller is that a under construction property is not only gets profit and there is a chance to get an exemptions from Tax. Selling the under construction property is better in comparison to carrying out the sale after taking possession. According to the Income Tax Act, the residential property is considered as a "Capital Gains" and gains come up from the sale is calculated under the head Capital Gains.

Rajatrawal, Mumbai

17th April 2015

But remember one thing that one who has right to sell the property without getting possession from the builder can carry out the sale when the property is in under construction phase as it considerably decreases the tax liability in respect of capital gains. If the individual sells the property after getting possession the 3 yrs time comes into existence from the date of taking possession.

Sandeep Mhatre, Mumbai

17th April 2015

Hi everybody,
I want to invest in a under contruction property in Mulund 3 BHK for self use when I move back to India from USA in the next 2-3 years. Budget is 2.5 cr. preferably Mulund since it is near to my parents place. I am confused between Runwal, Wadhwa, Tata and Oberoi. Can anybody please help me out?

Dwarkesh,

15th April 2015

Comment

Hi Dwarkesh,
I am not an expert but just wanted to guide you. I would say decide between Oberoi and Wadhwa. If you are looking for luxurious apartments, then Oberoi could be the game changer and their floor plans seem much better than Wadhwa. But before investing visit the site atleast or send you parents for check the ground realty.

Dev Patel, Mumbai

15th April 2015

Hi,
I am planning to invest in Mulund. Can you tell me how is the locality? How is the transport facilities in the locality? Is the locality livable?

khushisha, Mumbai

27th February 2015

Comment

Hi Khushi,
Mulund is a suburb in north-east of Mumbai. It is about 32 kilometers from Mumbai. It is also a railway station on the Central Railway line of the Mumbai Suburban Railway. It is nestled alongside the foothills of the Sanjay Gandhi National Park with easy access to the Eastern Express Highway and Navi Mumbai through the Mulund-Airoli Bridge.

Mulund is well connected to other suburbs and other cities as well by adequate network of trains, BEST buses and roads including a national highway. Mulund is a stop for slow local trains as well as semi-fast local trains on the central line of the Mumbai suburban network.

Dayananda, Mumbai

28th February 2015

You are right Sandeep,
So, before investing in any project in any city. Check all the legal approvals, verify it by the local body again and again, check the civic issues such as water and electricity, connectivity, nearby facility, price trend of that locality, read all the clauses in the agreement carefully. You can also take the advice of a legal expert. This way you can save your hard earned money.

Padma G, Mumbai

12th February 2015

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hi. this Sandeep. can we form a whatapp group. even we have booked an apt. my number is 9820121152. legally the project is cleared from all forest land case.

Sandeep, Mumbai

2nd January 2015

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