How is the Progress of Marathon Nexzone project at New Panvel? Does it appreciate as expected?

Mohan Bhatkoorse,

16th November 2015

Locality Review in Navi Mumbai

buying properties in panvel

residential projects in panvel

marathon nexzone panvel

marathon realty pvt ltd

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Replies (5)

Hi but will the Rera coming into play delay the project.

Sheldon Jude Menezes, Apartment Resident

10th October 2017

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Hi, anyone booked falts in Marathon Nexzone and gone for Bank loan ? if so, which is the better bank to deal with SBI or HDFC?

Mohan Bhatkoorse,

3rd December 2015

Comment

HI Mohan,
You have to compare both pros and cons of the loan. it is important that you follow some simple steps to make sure that the process runs smoothly. Analyze your Debt-to-Income Ratio. This will let you know what type of home you can afford based on your monthly income and expenses.

Shalini Parikh, Mumbai

14th December 2015

Right Shalini,
Getting the best interest rate possible can save you lakhs of rupees over the term of the mortgage. 1) Visit several lenders to request interest rate quotes. 2) Understand the difference between a rate lock and a rate quote. 3) Understand the point system offer by the bank. 4) Find out which lenders offer a mortgage rate lock float down. 5) Know which lenders include a rate cap with mortgage rate locks. 6)
Know when it is time to lock. 7) Let your interest float if you do not want to lock it in.

Devika, Mumbai

14th December 2015

Generally, a figure between 2-3 times your annual income is a good guideline in determining how much to pay. However, you also need to consider how much you earn, how much you owe, and how much you have saved.

The rule-of-thumb is that your mortgage payment should be no more than approximately 30% (or less) of your income. Your total monthly payments (including mortgage payment) should be no more than 40-455 of your income.

As HDFC is specialized in Housing Loan and their rate of interest is also lucrative so, i would suggest you to go for HDFC Bank.

Shalini Parikh, Mumbai

14th December 2015

But be careful about the add-on charges and penalties. It's not just the interest that you pay. There are additional charges such as administrative and service charges or processing fees. Also, there are penalties like on pre-payment of the loan. Consider these when comparing the deals offered by various lenders.

Devika, Mumbai

14th December 2015

Hi Devika, have bought/booked any flat in this Project? While working in Mumbai I had booked 2 BHK @ Marathon Nexzone- Vega. Now the registration is getting bit delayed. So, I am little bit worried on that part. I too heard that the Builder is good and always delivered the project on time.

Mohan Bhatkoorse,

3rd December 2015

Comment

Hi Mohan,
Panvel is one of the fastest growing realty markets in Navi Mumbai and the Mumbai Metropolitan Region, owing to various growth factors. At the same time good connectivity and the upcoming international airport play a major role in giving a boost to the area's realty growth, an increasing need for affordable housing in MMR has been another driving force behind the growth of this important area's real estate.

Jerome Fernandez, Mumbai

23rd November 2015

Comment

Right Jerome,
Panvel also has growing social infrastructure. It has a number of well known educational and healthcare institutions. It is close to several industrial areas such as Taloja, Khopoli, Patalganga and Bhiwandi. if you are planning for investment then your time period should be 3-5 years. It will give you the 100% return.

Devika, Mumbai

23rd November 2015

Hi,
There should be no doubt at builder's credibility. They always delivered their project on time. Company has successfully completed more than 80 projects. The company is a popular company and has worked with all kinds of projects and has never given a chance for the customers to complain.

As per the builder, entire tower possession till December'2017 while they are giving possession of other towers in December'2017.

Devika, Mumbai

23rd November 2015

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