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Real Estate Forum on Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hello everyone, Need some advice on the first home i want to buy in mumbai.
JP North, Mira Road, near western express highway, Possession after 3 years. Construction started and 5 floors are completed. DP 20L including regs.
Would it be wise to invest ? how much appreciation one should expect on possession ?.
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Q: Raj Infinia builders have stopped construction and not paying bank loans..if you are also troubled join the group by writing to akshayguptaatgmail.com

Latest Answer: If any one has idea on how to rope in other victims of Rajinfinia together to fight.
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Q: The project intended at being the main luxury gated community in the western suburbs hosting 4 of the highest habitable residential towers in Mumbai. The developer offer for 4.99% (10-year period), the 2 BHK flats are priced at Rs 1.99 Cr to Rs 2.35 Cr plus applicable taxes (18th to 51st floor).For more detail visit - omkartrilliant.upcomingestate.com
Latest Answer: Before considering to put your cash I think you ought to get significant data from the individuals who as of now have purchased in their project and this a site which will help you investigate each one of them propsurf
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Q: what are the docuements that we got after purchasing flat from builder in Mumbai and please Arranage in squence?

e.g

1.Agreement to Sell (details if any )
2.Sales Deed
3.Possesion certificate

Latest Answer: Hi Sanjay!! Ask for copies of all necessary permissions prior to making any financial commitment. Check the following documents and clearance certificates to avoid getting into any legal mess in future: These are 1) Land record documents, 2) Construction clearances, 3) Approved lay out plan, 4) Land use certificate, 5) Master plan of the area and, 6) NOC from multiple department.
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Also see discussions for
Q: Hi Friend tell me some thing about Sunteck What A City pre-launch project 2/3 bhk luxury apartment in Goregaon Mumbai
Latest Answer: As far as project locality is concerned, it has good location advantages. Just 2 mins walk to Oshiwara Station (Now Ready), 10 mins drive to D.N. Nagar Metro Station, 10 mins to Andheri Lokhandwala, 2mins drive to upcoming East-West Hub Mall Flyover, 5 mins drive to JVLR East-West Flyover connecting S.V Road to Western Express Highway.
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Q: Private Equity capital has been helpful in moving the real estate boom in India, but it is a sector where banking finance has had its own restrictions to manage.
Latest Answer: Hi folks, The majority felt that while office capital rates will remain the same, the average Rate Of Interest expectations will actually decrease in this period.
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Q: Mumbai is 4th on the list of emerging world cities after Shanghai, Beijing and Dubai.
Latest Answer: And it is only possible when emerging cities need to solve three major barriers to growth and success, which include aspects like how to build and sustain multiple sources of investment for infrastructure and development, attract talent and bridge local skills gaps, and organise and co-ordinate metropolitan space.
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Q: Why are builders reducing apartment sizes in MMR?
Latest Answer: Right Supratim, They are copying the famous mindful marketing strategy taken by FMCG companies in the late 1990s. But buyers are more defensive and aware of their tricky method of selling flats. So, they will definitely avoid buying flats which are reduce in size.
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Q: Yes, it is true that we are cheated at every step whether it is real estate, mobile recharge voucher, fuel and loose or packaged food.
Latest Answer: Yes... This is absolutely true that consumers are being cheated at every step. Since, we are so busy in our daily life that we hardly claim for justice. But still there are many online sites which help consumers to recognize cheaters at some extent and make their decision easy. Before dealing with any builder I prefer to visit http://www.mouthshut.com/builders-and-developers and after reading reviews of experienced users, I take the another step. Precaution is better than Cure
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Q: To boost Mumbai's infrastructure, the union environment ministry has given green clearances for the long awaited Mumbai Coastal Road Project.
Latest Answer: Right Annanya, As per the Dutch Technical support, the 35-km coastal road between Nariman Point, Kandivali and the Mumbai Metro-III Colaba-Bandra-Santacruz Electronics Export Processing Zone corridor would be ready in 3 months . The coastal road is part of the Rs 60000 crore transport infrastructure projects being undertaken by the state government.
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