Good Morning Suresh!!! I would like to share some personal experience with you Please, do not do any booking only on the basis of the brochure, some presentation or looking at a sample flat.
Make sure you visit the actual project site and see the location, how well connected the area is city, how are the roads, what is nearby the place and other important factors. A lot of people book properties in real estate expo and exhibition, which I do not think is a good idea at all.
Hi Suresh, I would like to express few of it's strength and weakness of VBHC Evergreen:- If you see the strength side of this project you will find all the legal approvals are n place as it is a freehold property with clear title and no disputes, civil or criminal cases as indicated by the client.
2) This property is located in Palghar East which is gaining popularity for residential development.
3) It has good access to social and civic infrastructure such as educational and health care center.
Weakness:- 1) Low visibility as the subject property is located 1.8 kms from the main Manor-Palghar Road. 2) Neighborhood localities are very few as the locality is currently in developing phase.
Hey Suresh, I had a word with few of the developers of Palghar and found that due to the stagnant markets builders are giving huge discounts. So, i think anywhere around Rs.2500-2550/sq-ft will be a good buying for you.
Major advantages of the localities are 1) strategically located in Thane District, just 87 kms from Central Mumbai, 2) soon to be District headquarters of Palghar District, with all government offices and infrastructure investment in pipeline, 3) proposed Mumbai-Ahmedabad Bullet Train to halt at Palghar, 4) currently houses major government offices like Nagar Parishad, PWD, MSEB, Tehsil Office etc.
I think Pradyuman is right..... we should also keep in mind that they will ask you for booking amount, token amount, they will give you last date. But do not take a decision in hurry. Do all your investigation, scrutiny, and think on how you will arrange the money. In general one who pays should be enjoying greater power, in reality we do not see that in Real Estate Market. Specially in Mumbai Real Estate.
Hi Suresh, Are you talking VHBC Evergreen? Builders are quoting Rs.2800/sq-ft for this and the current locality price is Rs.2800/sq-ft. too. But seeing the current market trend across the country, i would suggest you Rs.2600/q-ft will be a good buy if you are a good bargainer. Even the current real estate market is very slow and builder is offering lot's of schemes and offers for their project.
Hey Suresh, Palghar as of now, is in the same situation as Vasai-Virar was before 10 or 12 years back. But palghar will not take 10 to12 years to become same as Vasai-Virar. Considering the surrounding industrial belt, Palghar will grow on its own, And with recent declared as a new district with total of 8 Taluka. Local rail network up to dhanu has already started. And is the only means of transport. I strongly believe affordable housing at palghar is just a matter of time. But it will take some time. You should buy property in the West side of Palghar as lot's of illegal construction is happening on East side.