** Take a short look on a major project proponent Mr. Pandit Rathods Flashback.. 1) http://www.punemirror.in/pune/cover-story/Rathods-brother-wanted-by-CID-for-cheating/articleshow/31339329.cms
Dear All, Attention please… If you are investing your hard earn money in the Sealink Properties These points must be observed before get cheated. 1) Find history/track record of the company. 2) See the legal status of the company. 3) Is title of land is clear and is it in the name of the said company? 4) Which is the planning authority for the development? 5) Is the zone of the land is permissible for residential activity? 6) Is the land is N.A. (Non Agricultural) for Residential purpose? 7) Is they have any prior permissions from any concern department of government? 8) What is the government valuation of the land and what is the selling price? 9) Is the land marshy or near mangroves habitat. 10) Is it legal to purchase Agricultural land for Residential purpose? 11) Is it legal to purchase 1 to 15 Gunthas agricultural land in Maharashtra? 12) Is there is violation of “Prevention of Fragmentation and Consolidation of Holdings Act”?
@Abhijit..... Yes, there are few cases of fraud are happening but it doesn't mean that people are not buying properties in these locality. You should ask for all the legal paper, verify it by the local municipal, check out all the current dues on your selected property and them proceed.
Hi Sankalp, But at the same time, it is also came to know that people who have invested there have not been given papers and allotted plots. And in future if government refused to give permission saying that it will affect the mangroves trees then what can we do? Our hard earned money will be gone.
As a result, investors are turning their attention to areas such as Panvel, Nhava Sheva and Uran, which are affordable and will soon be easily accessible from the mainland, thanks to the Sewri-Nhava Sheva sea link. A large amount of investment in this area is driven by local developers and politicians, who see huge opportunity in this 3rd Mumbai.
It is true but at the same time, things can only get better for the locals, as the clearance of the Rs 4000-crore Sewri-Nhava Sheva project, a 22-km sea link connecting its neighbouring area to the mainland, has finally come through. The project will reduce the current road travel time of 2 hrs from the mainland to as little as 30 mins.
Hi, The entire Panvel, Nhava Sheva, Uran belt, up to Alibaug has already started recording a 15-20% hike in real estate prices, and some areas such as Ulwe and Dronagiri near the JNPT, have seen a 100% jump in prices over the past year.
Right Piyush, The proposal for the sea link has created great buying interest in the Panvel, Nhava-Sheva, Uran belt up to Alibaug, which is now being touted as the 3rd Mumbai. this is largely because areas such as Vashi in Navi Mumbai, have already started commanding anywhere between Rs 10000-30000/sq-mt.