Q:Avoid investment in area such as Boisar,Karjat,Villages around panvel.Over-hyped,Bubble,Prices may Crash more than 50% .Subprime crisis,subprime loans ,Lehman brothers , United States 2008 housing crash,China ghost Cities ,China Housing bubble - Google it and get your answers.Time to not to buy or invest in Property Now .Sign DHFL has Crashed more than 60%
Latest Answer: As per my recent visit to Hiranandani Fortune City in Panvel I found that there has been a great progress in most of the towers and few of them are on the last step of their completion. Also the best part of the towers is that they have specified common areas in each tower that can be separately or jointly owned by an individual.
Q:I had bought a property in Navi Mumbai in 2014 and had then taken a loan from LICHFL because of which Cidco has issued a Mortgage NOC in the their name. Now i have switched the home loan from LIC to SBI and now SBI is asking Mortgage NOC from CIDCO in the name of SBI?Is this required or is there a procedure in Cidco for such transfer.
Q:Wanted to know if the NOC from CIDCO is required for transfer of housing society membership for re-sale flat. The flat is in a building constructed on plot based on tri-party agreement. The price of flat has been fully paid up to the seller, without any loan, and agreement duly registered. To give a brief history. after the OC from CIDCO, and after Housing society was formed, just when builder in process of providing conveyance, which he eventually did, one fine day a letter from a lawyer was given at the gate. It mentioned that the set of heir's of original plot owner had put up a court case against Builder, CIDCO and another set of hier's. Former set of heir's were claiming that latter set had shared the compensation with them. We, the members of housing society, consulted a lawyer, who told use this is not unusual in this region, we should not worry, as the case has not been filed against us, unless there is direct notice to us. But now after few 3-4 years, when resale of flat went ahead, now the present Housing society committee are denying to transfer membership to the new owners, after CIDCO has not provide NOC. So is NOC CIDCO required for resale of flat not built by CIDCO, and when there is no home loan involved ?. And a housing society deny transfer of membership to the new owner with CIDCO NOC ?
Latest Answer: In Navi Mumbai, Secretary of Shahjanand CHS Ltd Sector 21 is refusing to issue NOC to sell my flatfor want tofCIDCO transfer. My Seller has been issued NOC to change the name but wehereas my appln was rejected to change Name on Share certificate of CIDCO. Hence my membership to become a Member of the Society as well as to Sell the flat also. I need advise on this.
Latest Answer: Is the master plan for this business hub ready ? how is the land use going to be divided under this 125hectares of land? Is it going to have some business and convention center in the center of the whole area
Latest Answer: Yes, and CIDCO is just waiting for go ahead from the project monitoring and implementation committee an agency formed by the civil aviation minister for faster implementation of projects and the state govt.cabinet.
Q:Mumbai Railway Vikas Corporation (MRVC) will reassess its detail project report for the CST-Panvel high-speed rail corridor, planning the route along Palm Beach Road in Navi Mumbai, right up to the proposed airport.
Latest Answer: Actually, this project is easier to execute because private land does not have to be acquired at all on the entire 49km long stretch. The corridor will be elevated up to Kurla and will run at ground level from Mankhurd onwards.
Latest Answer: Hi,
Earlier in 2015, CIDCO had sold land parcels in Nerul for around Rs 2.82 lakh per sq-ft, the highest bid price for any land parcel in Navi Mumbai.
Latest Answer: Hi Anuskha,
The demolition campaign to clear 99 illegal buildings, which came up on MIDC and Cidco land, is remaining as residents of the buildings, who were given removal notices, are now obtaining stay orders from time to time. Out of those granted stays, 3 buildings were brought down by MIDC in October, providing over a 100 families homeless.
Latest Answer: Yes, the civil aviation ministry gave its approval for the bid document on December 30. As per the initial plan the airport will be developed as a joint venture between Cidco and the private developer.
