Q:
Hi, I’m planning to book a flat. But when I ask the builder for the sales deed he told me that there is no sales deed but in place of it there is a lease agreement for 99 years from the government. The builder is telling me that there is no difference in between the sales deed and the lease agreement. Is it true? What is the difference?
Latest Answer: As per my knowledge, there is no difference between the sales deed and the lease agreement as the government owns the property.
Q:
Is it a good time to invest in greater Noida west?
Latest Answer: Hi Aditi, Greater Noida West is just booming up area and more over it is the same area, Noida extention which is been renamed as Greater Noida West. I visited Greater Noida last weekend and I must say that the infrastructure is the best in NCR. It is simply mind blowing. Hotels, schools, office all are coming up in this area. Even all the Formula 1 event will have a positive impact but, not one that is propel the prices sky high.m sure without a doubt that it will be the best place to live in NCR, way beyond Gurgaon and most parts of Delhi.Also the connectivity is just 35 minutes from New Delhi (24 Km, 8 lane expressway linking GN to Delhi, (now operational),55 minutes from Indira Gandhi International Airport. So you can invest for proper future returns. And what kind of property you are looking at?
Q:
How is the demand of affordable houses in Mumbai?
Latest Answer: What is the meaning of affordable housing? Is it only between 25 to 40 lacs called affordable? Why?
Q:
Why the cost of properties in Mumbai are not reducing?
Latest Answer: Hi all,
The association of builders were asking the Municipality to implement the 60 days approval system of GMMC. Any updates about this?
Q:
How the sales of apartments in Mumbai are increasing?
Latest Answer: With the new launch of property projects the sale of apartments are increasing in Mumbai.
Q:
How is real estate in the Mumbai Metropolitan Region?
Latest Answer: Many big builders and well reputed realty developers are launching several apartment and township projects at Badlapur.
Q:
Why the apartments in Mumbai are not getting customers?
Latest Answer: As the cost of the apartments are high, the buyers are not showing up any interest in purchasing the properties in Mumbai.
Q:
Is there any affordable homes available from the government of Maharashtra?
Latest Answer: The BHADA authority will sell 774 apartments under the scheme.
Q:
What happened to the issue with the apartments that was to given to the mill workers in Mumbai?
Latest Answer: I heard that the Maharashtra Housing and Area Development Authority is going to provide free housing for 22 mill worker families who died in an agitation for united Maharashtra.
Q:
Late night parties in apartments are sometimes causing accidents. Why those fatal incidents are happening?
Latest Answer: But his family members are wondering how this happened as Imran was a very good swimmer. If he accidentally fell into the water then why didn't he swim.
Q:
The sales of outdated product has been increased in the Darjeeling area. What are the steps taken by the municipality to prevent that?
Q:
Construction of the new proposed international airport has not started yet. What are the main reasons for the delay?
Latest Answer: Hi everyone.......
Is it true that the Navi Mumbai International Airport's construction work is going to start soon? Or a rumors only? Even i heard this news yesterday evening and interested on further information.
If all this progress can taken place within a week, we are expecting the remaining issues to be passed soon, as they are up for decision in a few days time. As the Chief Secretary, Sanjay Bhatia has been in touch with the central ministries.
Q:
Hello, please let me know if we tenants should pay for house renovation when we are under renting period?
Latest Answer: As per my knowledge, house owners should pay for house renovation. It is the house owner who stands responsible to spend for house renovation.
Q:
Which are the areas that are affected by the dumping of biomedical wastes from the Masina hospital in Mumbai?
Latest Answer: Hey everyone!!! I am sharing a link with you people, you can read the news and know more about the blame game. to read the article click here
Unhygienic conditions surround Byculla.
Q:
The population in Mumbai is growing rapidly. Is it possible for the authority to provide all basic needs to the people residing in Mumbai?
Latest Answer: The city is struggling to provide all the basic needs to the residents. More and more apartments are built, population is grown but the sources for basic needs are decreasing. It is the biggest problem faced by the city.
Q:
When will the new property tax system in Mumbai be implemented? Is there any relaxation on rebate on tax?
Q:
Is it illegal residents of cooperative housing society in Mumbai to park their vehicles outside?
Latest Answer: It is said that strict action will be taken against residents of cooperative housing society in Mumbai.The main aim is to lower down the number of mishaps caused due to vehicles having inflammable material in it.
Q:
Hi, it is observed that the share price for the real estate companies are decreasing. Is it because of the increasing cost of the properties?
Latest Answer: The hike in service tax is stimulating the increasing cost of apartments. Also the investors are showing less interest in real estate sector. That's the reason for the decreasing share price.
Q:
The budget disappointed the real estate industry. What will the impact of the budget on Mumbai Real estate?
Latest Answer: Like the entire real estate sector of India, Mumbai realty also disappointed from the budget announcement. The only line of hope is the availability of external funds in affordable housing projects.
Q:
What are the reasons for the real estate industry to looking at the budget for its future progress?
Latest Answer: The real estate industry wants some relaxation in the interest rate for home loans, also they wants few offers which will encourage the foreign investment.
Q:
Do you have any idea as to how much are the flat rates in Mumbai which are coming up on Mill land?
Latest Answer: I read the piece of news in Commonfloor and I do not think it is possible for a worker to pay such a hefty amount. Hey Anuradha I am sharing the link with you, you can check out the link here
Flat rates on mill land priced high.
Q:
Will government be able to facilitate low budget home for lower income people in Mumbai? Is it going to be a right help for the middle class people?
Latest Answer: This is a perfect move by the government. However they have to work hard to make it sure that the low budget apartments will be made available to the right person.
Q:
Will subsidy be given on the cost of land where affordable housing units will be constructed?
Latest Answer: Hi Vineet,
For that our Industry Minister Subhash Desai named for a nodal agency to synchronize between different state and central agencies like public works department and railways in the development of Mumbai and direct to make structure of operations for the best interest of the city.
Q:
Hai! Is CIDCO planning to commence launch of any housing projects in India?
Latest Answer: City and Industrial Development Corporation of Maharashtra Limited (CIDCO) has invited applications for flats under CIDCO Housing Scheme 2016 in Kharghar and Ulwe in Navi Mumbai. This scheme is offering 380 flats for different catogories . Name of the projects are Valleyship, Vastuvihar, Celebration and Unnati. Vallyship is located at Sector-36 Kharghar offering 212 flats, Vastuvihar & Celebration are also situated in kharghar at Sector-16 and 17 comprises of 94 flats. Remaining housing units are available in Ulwe in Unnati Project located at Sector-19A.
http://authorityschemes.com/city-and-industrial-development-corporationcidco-housing-scheme-2016-in-kharghar-ulwe-for-380-flats-review-last-date-2nd-december-2016/
Q:
Hello sir! Is there any traces of property prices falling in Mumbai?
Latest Answer: The experts have predicted that the property price may fall between 10 and 30 per cent depending on the location and building category.
Q:
What is the issue behind the forced possession taken over Bandra bungalow?
