A new residential project in Powai by Hiranandani Builders called Hiranandani Zen Tamara

Q: What is the carpet area of 2BHK in Hiranandani Zen Tamara, Powai?

Dharmaja Patel, Mumbai

19th April 2015

Residential Project Review in Mumbai

flats in powai

2bhk for sale

flats for sale in powai

apartments for sale in powai

best area for buying property in mumbai

real estate powai

apartments in powai

hiranandani zen tamara (powai)

hiranandani builders

buying property in powai

residential projects in powai

Follow Discussion

Also see discussions for

Mumbai Residential Project Review Residential Project Review in Mumbai

Replies (6)

Even last year, a single judge of the High Couirt had in January also restrained Lakeview Developers and others from constructing small 40 and 80 sq.mt houses after 8 housing societies, including Eternia, in the Powai Area Development Scheme took them to court. Because, the developer was merely following an earlier HC order to construct affordable housing.

Padma G, Mumbai

8th October 2015

Comment

Hi everybody,
Good news for owners of Hiranandani Gardens.....
In a relief to residents of Hiranandani Gardens in Mumbai, the Supreme Court on yesterday dismissed a special leave petition filed by real estate czar Niranjan Hiranandani's company challenging a Bombay high court order that stopped him a few months ago from constructing small homes around their plush towers in Powai. The Supreme Court requested the HC to now soon decide a suit filed by these residents who are seeking conveyance of the land from the developer.

Rubiya,

8th October 2015

Comment

Right Rubiya,
The developers had signed a tripartite agreement with the MMRDA and state to develop 230 acres in Powai for construction of MIG homes of 40 and 80 sq.mt. Residents' main opposition is that no additional buildings can come up on Sector IV-A of Powai Area Development Scheme. They do not want smaller homes in their "backyards".

Bikram, Mumbai

8th October 2015

Earlier, the High Court had directed Hiranandani on a PIL alleging violation of the conditions in February 2012 to construct smaller houses on remain vacant land.

The developer's argument is that unless the land is fully developed, conveyance cannot be executed.

Rubiya,

8th October 2015

Hi Shantanu,
It's you who can judge better. If the rate is 20k its way too high. In 5 years you might get 30000 - 32000/sq-ft on possession assuming 10 -12% per year and if you are lucky and Indian economy starts refreshing then 40000/sq-ft. But do you honestly feel people will buy at 40k in Powai ?

Padma G, Mumbai

21st April 2015

Comment

Hi everybody,
How is the project? Is it make seance to invest in this project by considering the following: 1) Possession after 5 years, 2) Market rake of other property in Powai, 3) Rate o return on investment.

Shantanu Kumar, Mumbai

20th April 2015

Comment

Thanks Padma,
I think you did a lot of homework to get those information. When is the project possession date and which all banks have approved this project for home loan? Is the locality comes under BMC?

Lalit Verma, Mumbai

19th April 2015

Comment

Not much Lalit,
Yes, it is a BMC approved project and all the leading banks have approved this project for housing loan. As per the discussion with their sale executive i found that the date of delivery will be December'2018.

Padma G, Mumbai

19th April 2015

Thanks Padma,
What is the payment schedule of Hiranandani Zen Tamara?

Lalit Verma, Mumbai

19th April 2015

Hi Lalit,
Payment Schedule of Hiranandani Zen Tamara:-
Down Payment 19%
After Plinth Completion 21%
Slabs (21 equal Installments) 55%
Possession 5%

Sankalp, Mumbai

20th April 2015

Hi Dharmaja,
Hiranandani Zen Tamara by Hiranandani Builders offers 2BHK from 1215-1230 sq-ft. whose carpet area is 740-750 sq-ft.

Padma G, Mumbai

19th April 2015

Comment

What is the current price per square feet they are quoting? And what would be the price of a 2BHK flat all exclusive?

Lalit Verma, Mumbai

19th April 2015

@Lalit,
The price of a 2BHK will be Rs. 3.5 crore all exclusive. And the current price is Rs. 22650/sq-ft.
Tamara Lake Facing 2BHK (flat no - 4,6) = 740 carpet area & ( flat no 5) -750 carpet area 27500+200
Garden Facing 2BHK (flat no - 1,3) carpet area - 740 sq-ft. & (flat no - 2) - carpet area- 750 sq-ft. 22750+150

Padma G, Mumbai

19th April 2015