akshay, Mumbai
Q: What is the govt doing to avoid disasters like building collapse?

Latest Answer: Around 20,000 new low-cost housing units are being planned to be constructed, with this it is expected that people in need of affordable homes will get a shelter so that this kind of mishaps will not ocur. It will reduce the number of illegal buildings.

Q: Without even a project is launched officially, then how can we trust the project and invest our money in it? Even if we do invest, then what is the use of doing so?

Latest Answer: Pre-launch in real estate is referred to sale of units by developers even before their project is actually launched. Usually in this type of sale, buyers and investors are offered good discounts as the risk factor of their investment is high. Usually buyers are less interested in pre launch offers, investors are likely to grab them like hot cakes. From past 2 years, there were very few pre-launches offered in Mumbai. But now the scenario is improving. Many developers are offering pre-launches to generate more demand for their projects and attract buyers.

Q: Hi, what are the prevailing rates of properties in Mumbai?

Latest Answer: Around 10 percent fall has been observed in prices of properties located in some South and Central Mumbai locations like Parel, Lower Parel and Mahalaxmi, over previous three quarters while prices in Navi Mumbai, Thane and the peripheral suburbs of central and western Mumbai have either been stable or have shown marginally upward trend.

Q: He had done good work from when he joined. Then why is he quitting? What is going on?

Latest Answer: I too appreciate Mr. Dahiya's working style.. I heard that he had cleared all pending files within one single day.. The previous Commissioner was not interested in taking the responsibility of water supply from the PHE dept. But Mr. Dahiya had agreed to take over this service from PHE dept. He had also proposed to lay a cycle track in the city and it was a good idea.

Q: Will property owners in Ropar have to pay tax?

Latest Answer: One of the Councillors in Rupnagar came to know that something wrong is happening in the work related to laying of tiles on a small stretch of road near Civil Hospital in Ropar. He demanded an enquiry regarding the Municipal Council authorities spending Rs. 4 lakh on the small work. He demanded an enquiry into the matter and said that he would file a complaint with Vigilance Bureau in this regard.

Q: Hi.. i am resident o Thiruvallur. Heard that here the apartments at Nerkundram are getting cenralized gas supply. Is it true..??

Latest Answer: Yes Akshay... Apartment complexes under Tamil Nadu Housing Board (TNHB) are soon to get centralized gas supply. They are first planning to experiment this on a project in Nerkundram area. it will solve many problem of the residents.

Q: What do you say about investment in Golf Course Road?

Latest Answer: yes many prime projects are coming up in this area and rates are rising very fast.

Q: Hi Everybody, Please tell me which one is a better option to opt for

Latest Answer: Concorde Sunnyvale is little cheaper then JR Greenpark and Artha Reveira. If you are ready to pay high amount then you can gone for JR Greenpark and Artha Reveira as the prices are high.

Q: Noida master plan was lying pending from long time.. What is the status of it now?

Latest Answer: Hi Akshay, few days back I had heard that Noida Master Plan has got approval by the style committee.. Many projects construction had been kept pending due to delay in approval. But now we can expect several projects coming up shortly.

Q: IMT Manesar in Gurgaon is one of the upcoming hot destination of real estate, what is the future?

Latest Answer: The newest industrial pocket of IMT Manesar - Phase V - is now being readied for fresh development activity lined up for the coming years.

Q: Hi, I own two 3 bhk flats in a gated community. I am planning to let it for PG accommodation or an office.. Which is better option? Should I take any permissions before starting?

Latest Answer: Mr Akshay, there was a news that residential spaces are not authorised to be used for this kind of commercial practices now. So you better check it and get necessary permissions for starting either pg or office.

Q: The flat I am planning to buy is BDA approved but falls in panchayat area. Is it fine to buy this apartment? Will there be any complication if in future the land is acquired by BBMP?

Latest Answer: It is fine to buy a BDA approved apartment in panchayat area. In case of acquisition BDA will allot you some other apartment.

Q: Hi friends, I am planning to buy a house or flat in Bangalore. Would Electronic City be a good investment? I had been to the area and observed that the roads are very narrow, and it is not that great. So any suggestions please?

Latest Answer: North Bangalore is good in terms of investment.. but there is water problem over there..

Q: Hi all, few days back I heard that all properties in Delhi will be given numbers.. When numbers will be issued? Any updates?

Latest Answer: I heard that this card will be called Unique Property Identification Code (UPIC) card and it can be used for paying property tax..

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