Real Estate Forum on Db Realty

Latest Answer: Hello Jayaksh, I have bought one in building no-9 buildings 1 to 4 have been given possession. They are giving contracts to finish the work. The project is registered under MAHA RERA and its RERA Registration number is P51700003433. So, they are bound to finish the project by Dec 2019. All the documents uploaded are clear. You can also visit the MAHARERA Website for detail information.

Latest Answer: I agree with Bikram! While the real estate market looks to bounce back in 2016, a person looking to invest in the market definitely needs to be careful. It is important to choose a company that has a strong track record in the real estate market with strong financials and delivery of promises. Companies like Mahindra Lifespaces, Indiabulls, Lodha etc have been around for a while and have earned their reputation in the real estate market. The Vivante project by Mahindra Lifespaces is expected to be one upcoming projects to look out for. With its strong track record and exciting designs and amenities it definitely seems like a good option to consider.

Latest Answer: Yes, that is why there is a 20% price correction in Mumbai. Home prices, which doubled between 2009 and 2012, have remained slow over two yrs.

Latest Answer: Hi, It is come to know that the total built-up area of the project is expected to be over 2.4 million sq-ft. And DB Realty had informed BSE that it has started development of this land parcel spread across 5 acres.

Latest Answer: Hello all, Do we know which area of MIG is under this project i mean what building numbers?? Do we know that this plan has been finalized and approvals got or agreement wit tenants done?? As there are lots of talks that go on..but eventually nothing surfaces...so.... Thank u all

Latest Answer: As per the latest news, DB Realty will have a 75% share in the project. In FY15, the company's consolidated profit after tax declined to Rs 56.8 lakh against Rs 11.5 crore and revenue dropped 17.2% to Rs 263 crore from Rs 318.2 crore during the same period.

Latest Answer: Dear Sir, Hi, My Name is Rahul Soni. I am an employee of ICICI Bank. I am working in a Home Loan Department. So, If you are interested in home loan please call me. We will going to look after your home loan case right up till the end. For more detail call me on my mobile no. that is 7045630802. Key Features : * Attractive floating and fixed interest rates loans * Higher Loan Eligibility * Longer tenure and lower EMI * Loan sanction possible before selecting the property * Doorstep service * Simplified documentation Thank You

Latest Answer: Hi Janet, Even me and my family palnning to buy flats in DB Realy's current project DB Orchid Heights in Mahalaxmi, Mumbai. But i heard a lot of bad reviews in several sites and news paper about this builder. After that we have changed our mind and looking for some other project in Mahalaxmi, Mumbai.

Latest Answer: As a reply DB told that it has submitted its plan for approval to MCGM and expects to get the approval for the project between January and March 2015. In another project to be developed in the prime suburb of Bandra, the high court has directed the MCZMA to issue clearance to the effect that the property falls outside the CRZ (coastal regulatory zone) purview and further directed MCGM to consider the application for development of the property in accordance with law.

Latest Answer: Hi Jerome, In deed you need to check the specific clauses in your agreement with the builder in respect to 20/80 scheme as sometimes there are restrictions in selling the property during the 20/80 term. Generally, you are free to make a sale to a new buyer who in turn will be independently assessed for his credit worthiness by the financial institution. As regards to tax liability in case of a sale, you will be subject to the applicable tax laws and will have to pay taxes as applicable. I suggest that you take advice of a tax consultant for this.