Hi, planning to invest in Freeway 37 , near Wadala Monorail , Mumbai 400022. Its has HDFC APF Nos 167947.Please advice

Q: Hi, planning to invest in Freeway 37 , near Wadala Monorail , Mumbai 400022. Its has HDFC APF Nos 167947.Please advice if the project is legitimate and there is no risk investing as the completion is Dec 2020

Kunal Singh,

13th November 2016

Investment Advice in Transindia Freeway 37, Wadala East, Mumbai

flats for sale in wadala east

apartments for sale in wadala east

real estate in wadala east

freeway 37 wadala east

buying properties in wadala east

transindia

Follow Discussion

Also see discussions for

Mumbai Wadala East Transindia Freeway 37 Investment Advice Investment Advice in Mumbai Investment Advice in Wadala East Investment Advice in Transindia Freeway 37

Replies (4)

Problem is it's SRA...so very high density and very less open space, so all amenities on terrace instead of ground..
Secondly it's bound to delay, even if delivered in 2021, add cost of pre-emi to another 20%-30%, which ultimately leads to lodha as they are offering subvention and nearing possession than this..
Lot of risks involved...not sugested for investment, may be end use after 5yrs...

Avinash, Mumbai

22nd February 2017

Comment

Hi,
Are you looking for flat in Freeway 37 by Transindia? What is your budget? To get more details of this project, click this link Transindia Freeway 37, Wadala East

Or,

To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile

khushisha, Mumbai

18th November 2016

Comment

Hi friends!!
Me too looking for this project and decided to book a 2BHK in it but major concern is the rate. What are the rates being quoted? Is it at a launched phase or pre-launch?

Lewin G,

18th November 2016

Comment

Good evening Lewin....@@@@
The rates look quite interesting. A 2BHK from 842-1076 sq-ft. will cost you Rs.1.07 Cr to Rs.1.37 Cr. while for a 3 BHK in 1434 base price is Rs 12750/sq-ft. with a carpet area of 921 sq-ft. will cost you Rs.1.82 crore. The current rates in the area are Rs 20000/sq-ft.. I am not sure is it because of SRA project or property is in less demand in this area.

Samrat,

18th November 2016

Is the locality good for family living? How is the locality and connectivity of the project Transindia Freeway 27 to the other parts of the Mumbai City? Do you think that a investor can get a good appreciation of their property here?

Lewin G,

18th November 2016

@Lewin....
Firstly, i would like to tell you that builder SRA is not a new builder. They have successfully completed 5 of their projects in MMR. And secondly, its connectivity is very strong as the Eastern Freeway is almost at its doorstep. More importantly the SRA part of the project is in a separate compound. The Monorail is also nearby. I am seriously considering purchasing this as I feel that Edelweiss is a fairly reputed firm and if they are distributing it gives me some assurance above the reputation of the builder. Considering the area, I feel the room for appreciation is huge.

Deepankar Godbole, Mumbai

18th November 2016

HI Kunal,
I haven't invested in this project but had a word with their sales guy and also visited their website. As per sales guy, it is near the Lodha New Cuffe Project, adjoining the Mono rail depot. Don't know about the builder, but it is being marketed by Edelweiss, with a guarantee that possession will be provided by Dec 2020 with OC. If not they will give you interest at 12% on the money invested by you.

Deepankar Godbole, Mumbai

18th November 2016

Comment

Yes, and i have some information on it which i would like to share with the buyers and investors. In terms of amenities they seem to be proving all amenities with swimming pool on the top floor (35th or 36th). And it is expected significantly cheaper than Lodha which is just across the road. I frankly think that the project is worth a look. The major concerns being the unknown builder and SRA. Hope this information will help you all.

Adnan Khan, Mumbai

18th November 2016