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Real Estate Forum on Buying Property In Mumbai

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Is it right time to buy property?
Q: I am planning to buy property in Mumbai. Do you think this is the right time to buy property?

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Latest Answer: But the biggest issue faced by buyers is the inability of builders to deliver on time. This problem is especially acute in Delhi-NCR and MMR. In NCR, only 20% projects are running on time. The figure for MMR is 15%. Now, the decision is urs.
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Buying underconstruction property from investor is a multi party transaction
Q: When one buys property from an investor in an under construction project, he/she is entering into a multi party transaction.

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Latest Answer: Hi Dwarkesh, Is there any long-pending dues which might attract penalties during possession?
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Exciting offers in Shreeji Harmony by Shreeji Group Mumbai
Q: Hey, what offer is going on in Shreeji Harmony, Mulund West, Mumbai?

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Latest Answer: Hi, Has someone booked a flat in Shreeji Harmony ? Whats the best rate in this project ? 15500 is for ready flats but for under construction project with Dec 17 as possession date, one can expect lower rate too ? Can someone share the best possible rate for the project ? Also is car parking included in the rate ?
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Oberoi Exotica Eternia, a new residential project by Oberoi Realty Ltd.
Q: Hi, how much is the developer charging as a booking amount for Exotica Eternia, Mulund West, Mumbai?

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Latest Answer: Hi, Are you looking for the Oberoi Exotica Eternia, Mulund West, project information? Click here to get more information of this project Oberoi Eternia, Mulund West, Mumbai Or, To get best deal on your selected property list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.
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Price stagnation and inventory pile up lead to fewer buyers in Mumbai and Delhi
Q: What are the factors that affecting project launches in Mumbai and Delhi?

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Latest Answer: Yes Praneetha, All of us are aware that neither of Active component is going to reduce, yes passive can reduce but that is already at bottom line. If you are looking for house than this is the best time to click the deal. Yes! you can negotiate for passive components with developer, but to some extent because developers are playing with paper thin margins.
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This is s sam
Q: Do not buy this Property – This is a big scam

The agreement will be with a bankrupt company called National standard India Ltd who has lease with MIDC for 40 years. Technically you will never be the owner of your own property. There will be a corpus fund included in maintenance so it can be paid to MIDC for renewal of lease (if they agree).

If you would like to sell your property after 10 years why will someone buy it? By the time they would finish their loan nearly 50 – 75 % of the property value again will be due to paid to MIDC for renewal

Builder has some other plans as they are giving the clubhouse membership only for 30 years. Nowhere in the agreement you will find Lodha’s name. What if NSIL goes bankrupt sold or gets in to a legal soup.

This property is mortgaged with HDFC bank (Complete Residential and Commercial)…. Funny you are paying for a mortgaged property

I had booked a 3 BHK and when i found out about these hidden things builder is not refunding the token amount. They were so sweet while selling this flat and now they don't even respond to emails.

People, who have already booked, please go and see the agreement. The lease has started in 1960 with MIDC by this company NSIL

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Latest Answer: I appreciate your view point but you can not ignore them as well. Buying a house can be tedious or pleasurable according to how you go about it. Here are a few tips to make it a pleasurable activity. To make sure you find the right property at the right price in the right location, there is no getting away from the fact that you need lot's of information at your finger tips and a lot of options to choose from as well.
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