Q:
What is the best advice you can give to a first time home buyer? Should i go with a pre-launch project or completed project?
Latest Answer: It depends on the project you are eyeing for. If you have a completed project in your mind you should go for it otherwise under-construction projects are always a good option. Regency Group has many projects and they are the top most reputed Builders and Developers in Kalyan East. New Construction in Dombivli East is Regency Anantam by Regency Group. Do check their projects once before investing in any real estate.
Q:
Hi, what is the current asking rate is going on Alta Vista Phase-2, Chembur, Mumbai?
Latest Answer: Hi,
Are you looking for flat in Alta Vista Phase-2? What is your requirement and budget? To get more details of this project and best deal, click in this link
Alta Vista Ph-2, Chembur, Mumbai
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.
Q:
The Bombay high court called13 upper floors of the 56-storey building Palais Royale at Worli as well as a 15-storey public parking tower next to it were completely illegal.
Latest Answer: Hi folks,
It is really bad and now poor flat owners have to face the difficulties. At the same time, the parking tower and incentive FSI, the municipal commissioner has been directed to reconsider the issue of a reasonable refuge area that is to be exempted from the calculation of FSI.
Q:
The Mumbai-based real estate developer Godrej Properties Limited has added a new project to its portfolio located off Ghodbunder Road in Thane.
Latest Answer: Hi Neeraj,
Is the project located off Ghodbunder Road? If it is in GB Road, will must offer excellent connectivity to the western and central suburbs of Mumbai. As we all know that Thane has grown rapidly in recent years and is now a self-contained metropolis.
Q:
The realty markets is facing a horrific slowdown, with sales down desperately and the inventory of unsold flats piling up. Even investors in property are facing the heat.
Latest Answer: True Nikhil,
Last week, RBI Governor Raghuram Rajan told that the industry must bring prices down to attract buyers. If real estate developers will able to bring down prices, it will be a big help to the sector. Once there is a feeling that the prices have stabilised more people will be ready to buy.
But the builders have already sold a significant inventory of those projects. If they cut prices now, they will lose their reputation.
Q:
Now a days, the property market of Ulwe in news. What is the main reason behind it?
Latest Answer: Hello Sir,
Ulwe would be a better option due to its proximity to most of Navi Mumbai's locality. Infrastructure is almost there with connectivity to Mumbai. Added infrastructure which has been promised by CIDCO like Airport and Sealink will surely put an icing to the cake. I would suggest you to go for Panvel as a 5 year investment with high returns and rental value.
Q:
Hi, i want to know the current stamp duty and registration charges of property in Mumbai?
Latest Answer: Wht present stamp duty and registration charges in diva east
Q:
What is the total land area in this project and when is the project getting completed?
Latest Answer: Yes, Tarun is right!!!!
Some of the key factors are proximity to Navi Mumbai International airport, connected with the important Thane-Belapur Road through the Uran Road, which also connects it with the JNPT Road that goes towards the Jawaharlal Nehru Port. Although plans for SEZ has been pospone, there would be large scale commercial development is going to happen.
Q:
Hi, How is the area and the project for Investment purpose?
Latest Answer: Thanks for the information...alos i wish to know if any bank is funding this project?
Q:
Want to buy a flat in this project? How good is the locality to invest in this project? Is it worth investing? Need your valuable suggestions.
Latest Answer: Hi,
What are the documents that I should check from the builder at the time of possession since I dont have much knowledge about it. Anybody to help me out ???
Q:
It seems that Govts policy with respect to affordable housing has created lot of doubts in minds of developers.
Latest Answer: Hi,
There is a general feeling that the said notification is silent on the issues which can arise after the grant of occupation. The policies for guidelines should be formulated for maintenance of common amenities, utilities and payment of the property tax.
Q:
When can I expect the possession of Hubtown Rising City?? Has anyone booked a flat in this project??
Latest Answer: Dear Sankalp,
Yeah the booking has already begun in Hubtown Rising City. In my view I think this is an excellent investment option to book a flat in this locality. Definitely you will get a high appreciation value because the area is centrally located from all parts of Mumbai. The civic and social infrastructure is excellent and there is no doubt that over a period of 5 years you will get your moneys worth.
Q:
It seems that property prices inj Nerul clock over 30% returns in 2 years.
Latest Answer: Hello Suresh,
The robust social and physical infrastructure has also helped Nerul's real estate market to grow. The locality boasts of all amenities required by an end-user such as hospitals, schools, restaurants and entertainment zones. Hence, the locality continues to rule the roost for rental accommodation as well
Q:
What are the flats available in Nirman Varad and when is the handover status of the same??
Latest Answer: Hi,
Do you think there is enough elasticity left in the Mulund East that any investment in a 1BHK apartment at Rs 75 lakh can double in 5 years?
Q:
When is the possession for Tropical Lagoon?? Has anybody booked a flat in this project??
Latest Answer: Hello Folks, Any updates on Tower 4 tropical lagoon possessions?
Q:
Cheers!!!! Hey it seems that Indian Retail and Real Estate have jumped to 78% in recent times.
Latest Answer: Hey All,
i came to know that rental values showed a mixed response across top Indian cities. While places such as Khan Market in Delhi, Brigade Road and Commercial Street in Bangalore witnessed an overall upbeat in rental values, the saddest part is that the shopping hubs in Eastern Mumbai and south Bangalore saw a decline.
Q:
Hey, Did you hear that Tata Housing is coming up with most awaited luxurious project in Mulund. Any takers ?????
Latest Answer: Yes mate,
Gateway Towers has 2 blocks consisting of 41 floors and 31 floors and has units having 2,3, 4 as well as 5 BHK, duplex, triplex and penthouses. Heard that they are quoting Rs. 1.80 crore for flats and 6.5 crore for duplex, triplex and penthouses. The project has separate garden terraces, five swimming pools including two on the top floor. It also has sky bridges that connects the 2 towers which has seating corners and study areas.
Q:
I have booked a property at Runwal Garden City. Want to know the status of the project???
Latest Answer: Hi Praveen,
There are some projects coming up in Thane west undertaken by Runwal Group. They are:
1. Runwal Pearl
2. Runwal Estate
3. Runwal Regency
4. Runwal Garden City
Q:
I am a NRI and I want to gift a flat to my daughter. I am looking at Saaga Vikas?? Whats the status?? Anybody on same page??
Latest Answer: 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.
Q:
When can I expect the possession date ?? Can you share the price details about this project ?
Latest Answer: Any status update about Shivshakti enclave malad east
Q:
What is the reason that South Nashik is attracting Mumbaikars?
Latest Answer: Any idea about the real estate market in South Nashik?
Q:
What is the reason for few takers for premium apartments in South Mumbai?
Latest Answer: The fact is that the areas are too costly for a 1 rk flat you have to pay around 30- 40 lacs .
Q:
How much the Ministry of State for housing has increase in funds for repair and redevelopment of dilapidated cessed buildings in Mumbai?
Latest Answer: The state government had realized that the pace of redevelopment of cessed buildings was slow and it could be increased by involving landlords/tenants/private developers. With this in view, the Maharashtra government introduced a policy of giving floor space index (FSI) 2.00 for redevelopment of cessed buildings under Development Control Regulations. Amendments to the policy also gave an FSI up to 4 for redeveloping building clusters in a minimum area of one acre and rehabilitation of existing tenants/occupiers.
Q:
hello.. I am interested in buying a villa/4 BHK flat ..kindly furnish the necessary details about both types of property available at silver springs..
http://www.commonfloor.com/silver-springs-township-indore-review-feedback/pcrf-tt3n7b?query_id=4de9af2f8cb46
Q:
Hi please share details about Corridor Exotica project. Is it a good project to invest? What is the status of the project?
Q:
Hi..all..what is the reaction of CREDAI on 1% TDS proposal..?? Are they happy..??
Latest Answer: Hi Vinu..there are certain aspects which are not cleared...Some are waiting for clarity on these aspects of this proposal while the regulator body is completely against this proposal
Q:
Any new residential project of Godrej properties in Mumbai...??
Latest Answer: On Malad site, the company is planning to develop a exclusive luxury residential project.On Chembur site, the company is planning to develop a residential complex which will encompass two and three bedroom apartments
Q:
Hi..i want to invest in Ahnmedabad as i hear that market here is very stable and one can get property at affordable prices.
Latest Answer: Hi, I want to know that which are the best areas to invest in Ahmedabad?
Q:
Hi...wanted to know about Aadhar card registration..anybody has applied..??
Latest Answer: I would suggest everybody to issue their aadhar card. It is a unique identity and moreover provided benefits also. Maximum participation was seen from youths all over Madhya Pradesh.
Q:
How was the Indian real estate in 2012? Any price depreciation or good news for the buyers to invest?
Latest Answer: According to property consultancy Cushman and Wakefield India, prices went up in the real estate market in India. The mid segment residential properties saw a rise of 10% and high end properties witnessed a hike of 12%. In 2013, the rices may go down and developers might want to clear their inventory.
Q:
Mumbai city is mushroomed by illegal buildings but why the MCD is not taking any action ?
Latest Answer: Recently they have crushed 22 illegal building in Rohini, Civil Lines, Central and Najafgarh. Actually in some of the area they cannot take demolition drive becuase all the illegal properties are owned by developer and land mafia who have strong powers.
Q:
Mumbai has seen a major backdrop in property registration number. What amount of percent has gone down in property registration?
Latest Answer: According to a report, it is said that on monthly basis the number of property registration has gone down by 12 percent. The only push in realty sector is because of the NRI investing in Indian realty.
Q:
It came to my notice that plots in Mumbai were in crores. Is that true?
Latest Answer: Yes, the three Cidco plots were in Nerul, Navi Mumbai which were sold in crores.
Q:
Is the scheme still applicable? Can we still opt the scheme offered by SBI?
Latest Answer: No now you can not opt that scheme, SBI offered three years ago to ease the borrower's tension. Now the buyers who have taken loan under teaser loan have to pay more as the bank will start charging interest on theses loans on a floating rate basis from January 2012.
Q:
What is the main reason for IndiaReit equity fund exit Samira Habitats?
Latest Answer: The investment tenure of IndiaReit equity is over and need to be renewed by Samira Habitats, a real estate developers based in Alibaug. The real estate developers are planning to buy back the shares.
Q:
Who is going to raise their voice against the new rule for slum dwellers?
Latest Answer: The activists are raising their voice who works for the benefit of slum dwellers. They said that it is unfair as the slum dwellers get minimal civic services
Q:
Will there be rise in property prices due to new stamp duty in Mumbai?
Latest Answer: According to sources, the Minister said that the ready reckoner will be implemented by January 2012 and there might be a rise in the ready reckoner rates by 20-30 percent which will affect the stamp duty and the property market.
Q:
What is the reason that Airtel has filed a case against BMC?
Latest Answer: Recently Brihanmumbai Municipal Corporation has asked Airtel to pay property tax on the mobile towers which are set up on flyovers.
Q:
Can anyone tell me about the Godrej Properties new project at Undri?
Latest Answer: The project will be a group venture of Mosiac Landmarks, local builder settled in Pune and Godrej Properties. The project will offer 2bhk, 2.5bhk, 3 bhk and penthouse apartments. The Godrej will have 51 percent share of the profit.
Q:
What was the reason that the fort based developers arrested? Any particular reason?
Latest Answer: The developers in Mumbai was arrested because he fooled a suburban developers for a sum of Rs 6.5 crores on a purchase of a bunglow plot at Khar.
Q:
Is there any chances of the mumbai traffic getting reduced?
Latest Answer: According to sources, it is found that the commuters who were using private transport has started using public transport. This means that there is a hope for the reduction of the traffic chaos in Mumbai. The railway ministry said that the sale of tickets has rapidly increased from 8 percent to 20 percent.
Q:
What is the reason for such an un-imaginable traffic chaos in Mumbai? How can be the traffic problem solved in Mumbai?
Latest Answer: The reason for traffic chaos is because of the everyday launch of new vehicles in the city. The traffic problem will get solved if the roads are widened and annually the vehicle limitations should be there.
Q:
I heard that a special scheme has been launched by MCD in Mumbai. Want to know about the special scheme?
Latest Answer: A special settlement scheme are being offered to the property owners.The property owners who will pay the tax before 31st December will get 100 percent rebate on interest.
Q:
What is the reason that MMRDA will not do any auction for the lands from next year on wards?
Latest Answer: The real estate is now hit by reccesion and will continue till 2012 so the real estate developers has decided to stop the land auction from the next year.
Q:
I heard that the demolition drive have badly affected the slum dwellers. What are the slum dwellers going to do now?
Latest Answer: The MMRDA made sure that the slum dwellers who were affected by the demolition drive to be resettled in Kurla and Oshiwara colonies
Q:
How to get a aadhaar card? What are the benefits of the card?
Latest Answer: Aadhar Card is a unique identification of citizen of India, no other person can have the same aadhar number as you have.aadhar card verification is also very important that your Aadhar card is verified on your name or not.
Q:
Any particular reason why the Jindal property deal fall down drastically?
Latest Answer: According to sources, it is said that the buyer who was about to buy the one storey bungalow owned by Jindal in Mumbai found that the price offered to him was very high in compare to the current market value.
Q:
How long the residents of Mumbai have to wait to have a ride in metro? When is the Mumbai metro going to be functional?
Latest Answer: Mumbaikars need not have to wait much as an expert said that if the trails are successful then the service will start from November 2012.
Q:
What is the main reason for the rising prices of property in Mumbai?
Latest Answer: In a recent survey it if found that investors are the main reason for the rising property price and not the genuine buyers.
Q:
I heard that the Mumbai official are planning to take special care and attention for the senior citizens and physically challenged people. What are the officials going to do?
Latest Answer: For physically challenged and senior citizens there will be an amount of concession for travelling via metro. There will be special lifts and space reserved for wheel chairs.
Q:
What was the reason that BMC demolished some portions of the Andheri hotel?
Latest Answer: The BMC demolished some parts of the hotel because of illegal construction. The owner have the licence for a restaurant in second floor which he converted to a banquet hall, the terrace restaurant and the hookah parlour which was functioning illegally.
Q:
How are they going to upgrade the security in Mumbai?
Latest Answer: The department wants the government to raise the amount of fund by 38 percent in 2012-2013 for procuring weapons, up gradation of communication system and purchase vehicle for easy communication of policemen.
Q:
Why is the infrastructure project implemented under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in Mumbai now on halt?
Latest Answer: According to sources, it is said that due to the conflict between State Urban Department and State Finance Department the work has been put on hold.
Q:
I have a plot in Nagpur near Milan project which I bought 3-4 years ago but now I want to sell it. Can anyone suggest .
Latest Answer: If the plot is in main road then I would advice you to hold it for about a year because in future the area will fetch you better returns.
Q:
As of now now I am staying in Chembur but the building is getting demolished and we are planning to shift to Virar as it is my parents choice but I do not have much idea about the place. Please help.
Latest Answer: Virar is a good option compared to other places in Thane and lot of new projects are coming up in Virar. But what is your requirement and your budget so that I can give some more information.
Q:
I heard that Mumbaikars have come up with a cause to make Mumbai city pollution free. What initiative they have taken?
Latest Answer: The Mumbaikars have planned a 20km bike-a-thon and a 10km walkathon in South Mumbai, even the traffic police are also supporting the cause. The Mumbaikars have taken a great step toward greenery tomorrow. It will start at Azad Maidan and will end up at Mumbai Gymkhana.
Q:
Why people buying flats in South Mumbai are not getting parking plot immediately?
Latest Answer: It is said that buildings in South Mumbai area was built in 1960's or 70's at that time parking was not the main concern. Now everybody own a car the housing societies have started giving parking facilities on a rotational basis. So many buyers prefer buying flats where they will get ample space for parking.
Q:
I am planning to buy a resale flat in Waghbil-Thane which is a standalone building, so need your suggestion on if it is worth buying a resale flat.
Latest Answer: It depends on the builders past reputation, construction quality, age of the flat, connectivity, amenities. If all the services are up to the mark then you can go for the deal.
Q:
I want to buy a residential plot in Khalapur, old Mumbai. Will I get a good return after 2 years, if I sell this plot?
Latest Answer: It would be good to buy a residential plot in Khalapur, old Mumbai. There are lots of development going on at this place. Khalapur is near to Pune highway and it's in demand. Buying a house or a residential plot here will definitely give you a good return after few years.
Q:
Which is a better option purchasing a plot in Kajrat or buying a second flat in Mumbai.? Please help.
Latest Answer: I think the rates of a plot in Kajrat are very low, so it is better if you invest in a flat. A flat can give you a better return provided you get a good deal.
Q:
I was having a flat which I sold to someone and it has been six months the flat has not been transferred to his name due to some reason. My question is that who should pay the maintenance.
Latest Answer: I wonder how the buyer agreed to pay money without transferring the ownership. Regarding Maintenance of building, legally still you are the owner of the property and it maintenance of property is the duty of owner of the property ie., you. I suggest you to transfer ownership as early as possible and make the title of property clear legally.
Q:
I am staying in abroad and I am planning to shift in India with my family, so wanted to buy an apartment in India. What are the other costs I have to bear at the time of buying an apartment?
Latest Answer: Those who are having Indian Passport does not require any permission from Reserve Bank of India to buy residential or commercial property. Cost will include purchase cost, stamp duty registration charges, service tax and VAT and some other charges.
Q:
I am a student who recently came to Mumbai and looking for a rented house to stay in. Shall I choose a PG or a rented flat? Which will be the right choice for me? Suggestion on it will be appreciated, thanks in advance.
Latest Answer: Hi Sandeep, if you want to become a single tenant, then it is always better to choose a PG rather than a rented house. You will get social security and others can also share your expenses. The amount of rate for PG is very less than rented flats and you also get ready-made facilities in PG like TV, Refrigerator, etc.
Q:
Hello sir, I am a salaried person and I want a home loan from Punjab National Bank for constructing a house. I want to know about the essential documents that I need to submit to get the home loan.
Latest Answer: Hi Sandeep,
While applying for the loan, the bank is required to furnish the following information 1) Loan application form duly completed with photograph, 2) Identity Proof, 3) Residence Proof , 4) Age proof, 5) Educational Qualification Proof, 6) Income Proof, Income proof of Spouse/earing children/joint borrowers (if applicable), 7) Property documents as per property check list attached.
Q:
It is really sad that the people of Mumbai city are facing problem with the property they bought. There is no space for greenary and more over the rates of the apartments are so high that it is not possible for the mediocre people to afford it. Why the rates are going high?
Latest Answer: Only 2.5 percent of area in the city is there for public space which includes play ground, parks and parking lots. The buyers of the property is always been cheated as they pay a huge amount of money for the property of their dreams, but the buyers never know that. The rates of the apartsments are also going high as the developers are planning to start a project like swimming pool, theme park, sports area, lily pond, flower bed at every floor and jogging tracks on the terrace which can be afford by the people of high social level.
Q:
I have shifted to Mumbai recently and wanted to buy a flat but now it is really impossible to buy as the rates are going high. How can I get such a huge amout of money? Why the rates of the flats are so high?
Latest Answer: The rates of the property is increasing though there are lot of vacant place available. The developers does not want to compromise with the rates of the current project and on the other hand the property consultant are giving hint that the rates of the property will go down in the near future. With the increase in the rates the property buyers are suffering badly and the builder are making money. The reason why the rates have gone high because of the slow approval process of the government.
Q:
Recently one woman died after falling from the bike due to the bad conditions of the roads. Will the KDMC going to take any steps to repair the roads of Mumbai?
Latest Answer: I reside in Mumbai, still now the KDMC was not taking any steps but after we the residents of Mumbai and the oppsition members complained about the road conditions. KDMC has started the work by filling the potholes in Rajendra Prasad road in Dombivli. The officials said that they delayed the work du eto moonsoon, as rain could have wasted the work already done. They have appointed nine contractors to finish the work to the earliest.
Q:
I recently bought an apartment in Mumbai and want a parking space for my four wheeler. What are the rates for obtaining a parking space for a four wheeler?
Latest Answer: There is no rule anywhere that car parking can be charged by the developers. But due to increase in number of cars in each apartment the developers are bound to charge for the parking. This is due to increase in cars in the apartments. It all depends on builders the amount they want to charge. There has also been a rule that parking space should be provided without charging additional amount from flat buyers.
