Q:
Why are end users purchase ready to move flats rather than under construction property?
Latest Answer: Here are a couple of reasons for such a shift. Firstly, the under-construction properties are prone to delays. The builder might not hand over the property for one or other reason. Secondly, the ready to move in properties are cost-effective & the inventory of such a property is high giving ample options for the buyers to choose rather than having to wait.
Q:
Company is looking for strategic partner who can buy 40% of its stake in the project in the Mayfair locality of central London.
Latest Answer: Hi Mithdeb,
I heard that the founder and controlling shareholder Sameer Gehlaut invested Rs 240 crore in the company through preferential shares. Gehlaut also subscribed to Rs 80 crore of convertible warrants, which if converted will result in further equity infusion of Rs 230 crore in the first half of 2016-17. Therewith, the company could sell land holdings to further deleverage.
Q:
Has anyone come across this project? Please, share the details.
Latest Answer: Hey guy's,
I am planning to buy a 3bhk here. I Heard that this project was launched one year ago, but suddenly stopped and the investor who have already booked were refunded within two months. Can anyone tell me whats happening now ?
Q:
While hunting for homes, they came across some builders offering us the no EMI till possession scheme.
Latest Answer: The scheme in my case is from the builder, not the bank. I have not registered the property and not signed any agreement involving any bank. So no EMIs. On posession and posession only, I have to pay the 80% to the builder or at that time if required take a loan from the bank. Yes, the builder has charged a premium over construction linked plan from me.
Q:
Its says BKC crossing but is actually located at Kurla West
Latest Answer: Yes Arup,
And some of the prominent developer who has developing some of the good project here are Kohinoor City Phase-2, Kohinoor City Phase-III, Premier Residences etc.
Q:
Can anyone guide me with some good localities in Mumbai which will fetch me good returns?
Latest Answer: I do not completed agree with the above statements. There are several other areas such as Kharghar and Ghansoli that offer a good rental yield in Navi Mumbai.
Q:
Need feedback about how is the locality to buy an apartment for end use.
Latest Answer: 2bhk starts at 1.10cr. Looking forward for this property.
Q:
Hi Everyone, One of my family friend is shifting in Pune and want to stay in Baner. Can anyone provide me a brief idea about the locality?
Q:
Hi, Have you heard that BMC asked permission from Chief Electrol Officer to demolish Campa Cola's illegal flats.
Latest Answer: Hi all,
The residents of Worli's Campa Cola Compound believe that the Supreme Court's latest notice or watch have offered them a ray of hope. But legal experts are watchful in their opinion on whether this paves the way for regularization of the unauthorized floors of the compound's buildings.
Q:
Hi,
Planning to invest in a property in Powai? How is the locality for investment purpose? Will it fetch any good returns by way of appreciation?
Latest Answer: Hi Rakshit,
Powai is a great place to invest.Right now will be a good time to talk with Pashmina Developers for their Lotus project.Nearby localities are Hiranandani Foundation School, Bombay Scottish School,Hiranandani Hospital and a proposed Metro station.Within 1 km from the Central Avenue, Hiranandani Powai, Pashmina Lotus offers ease in accessibility to western counterparts of Andheri East, Marol as well as eastern suburbs of Kanjurmarg and Ghatkopar.Do visit to know better.
Have a nice day!1
Q:
May I know what is the rate they are quoting per sqft in this project as I am willing to purchase a flat.
Latest Answer: Thanks Lalit,
I would like avail bank loan as I want to purchase a 1 BHK flat in this project. May I know which banks have approved for finance so that I can take a home loan.
Q:
Hi, Looks like Ghodbunder Road is going to be next most preferred destination due to availability of affordable houses.
Latest Answer: Hi everybody,
Yeasterday, the Maharashtra government will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", Maharashtra CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
Q:
Hey, did you come across that more than 900 ready to occupy houses are lying vacant for almost a year. Very Sad!!!!!
Latest Answer: Mr Sankalp,
Under the rental housing scheme, MMRDA plans to construct rental tenements to be given on a rent ranging between Rs 800 to Rs 1,500. Any individual, who has been a resident of Maharashtra for the last 15 years and has a minimum monthly income of Rs 5,000, would be able to avail a home under this scheme.
Q:
Heard about this project coming up in Dadar west. Want to know if the prices are negotiable as I am keenly interested in buying a flat in this project.
Latest Answer: Hey All,
The project is situated in prime location in Gokhale Road in Dadar west. The flats are just 7-10 minutes walk from Dadar station. Centrally located to schools, colleges, multiplexes, hotels, restaurants, shopping malls and entertainment hubs. Excellent location to buy or invest as it shows high levels of price appreciation in future.
Q:
Hey,
It seems that Godrej Properties are going to develop Vikroli projects with Joint Venture with Godrej& Boyce .
Latest Answer: Hi,
With this new project in Vikroli,the company will have about 5 million sqft of saleble area which is under various stages of execution or planning.
Q:
What is the reputation of the developers? Have they completed any projects before since I am planning to book a flat in Pritisangam CHS.
Latest Answer: Hmmm. Fine. By the way would like to know how well is the transport and connectivity from the site to other places in Mumbai. Are there any good schools located in and around the upcoming project?
Q:
Planning to buy a flat in Neo Clarissa. Want to have a site visit. Anybody to help me out with site visit? Your immediate action will be highly appreciated !!!.
Latest Answer: Hi Vineet,
As far the connectivity is concerned, the project is well networked with buses and trains which are easily available from the site. Charni Road station is just 15 minutes away from the project. One can also take the Grant Road which is near to the place where the flats are coming up. It is also easy to reach the site by taking over the JJ flyover.
Q:
It seems that rentals values in Andheri west and Mira road are experiencing a high rentals in recent times.
Latest Answer: Hello Shantanu,
Andheri west is about 6 kms from the Western Express Highway and about 4 kms from Andheri railway station. Mumbai airport, situated in Andheri east is about 7 kms from the locality. The soon to be functional, Metro line will pass through this area. Both these areas offer a well-fabricated social infrastructure. From schools to hospitals to banks, all kind of facilities are available in Andheri west and Mira Road. With increasing connectivity and fast developing infrastructure, the rental market in the area looks promising.
Q:
Planning to buy a flat in this unit. Whats the status of the project and its completion date? Has anybody booked a flat so far?
Latest Answer: Hi everybody,
I heard a lot about this project and decided to book a 2BHK flat in it. tHow is the developer DB Realty and it's track record?
Q:
How much does the 1 BHK flat cost in NRDL Viviana? Planning for investment purpose. Any idea anybody?
Latest Answer: Hi,
The Site Visit facility is totally free of cost. No money has to be paid to the cab driver | Site Visit can be booked for any day in the week | Cab can be booked only between 9 am to 4:30 pm | Minimum time between booking a Site Visit and the pick-up time has to be 3 hours | Pick up point & drop point by the cab driver will be same and cannot be changed. Site Visit can be booked by writing to sitevisit@commonfloor.com or calling toll free no 1800180180180 or by checking box (I am interested in Site Visit) on commonfloor project page enquiry form.
Q:
Can somebody let me know what is the cost of 2 BHK in this project?
Latest Answer: It is almost near to 2 cr.
Q:
I have plans of booking a flat in this project. Can somebody let me know which banks are providing finance?
Latest Answer: Hi Shantanu,
Looks like the amenities given are truly awesome. Hey by the way how is the approach and connectivity to this project. When is the builder giving the possession of the same? Has the booking commenced?
Q:
Heard about this project. Planning to book a flat. Can somebody let me know which banks are providing finance?
Latest Answer: Hi Sankalp,
Oh Lovely!!!!!. Looks like the amenities given are superb. I am a NRI and want to invest in a project in Ulwe. I was searching for many projects but finally this one looks to meet my budget and liking. Is this the right time to buy or invest in the property? Kindly advice.
Q:
I want to know that if one has to pay extra towards car parking or it includes in the cost of the flat?? I am planning to book a flat in this project.
Latest Answer: Hi Deepankar,
As I plan to buy a 1 BHK flat in this project, wanted to know if there is any water problems or any kind of issues with this project. Is the project being approved by concerned department. When can I have the Occupancy Certificate??
Q:
Planning to book a flat in this project. Can anybody let me know how is the builder credentials??
Latest Answer: HI,
I would like to clarify one thing that is the project has been approved and which banks are offering loan as I have serious plans of booking a flat in this project. How much is the builder charging the rate per sqft??
Q:
How many blocks and floors are available in Shagun White Woods?
Latest Answer: Thanks for the info Mr Vineet. How is the water supply in this project?? Hope there is no water shortage or inadequate water supply?? Has anybody booked a flat in this project??
Q:
What is the status of this project?? Anybody having any idea about its completion??
Latest Answer: Hi Vineet,
Here is the list of some of the residential projects which are coming up in Ulwe. They are:
1. Siddhivinayak Splendour
2. Tricity Enclave
3. Kailash Pratik Renaissance
4. Sunny Orchid Bliss
5. Dev Krupa Tower
6. SM Vision
7. Shagun White Woods
8. Patael Aramus
9.Tejas Symphony
10. Dudhe Sea Regency
Q:
Looks like property rates in Khar west and Dahisar west are on a roll in recent times.
Latest Answer: Hi Padma,
Khar west and Dahisar west, both, enjoy proximity to areas such as Andheri, Borivali and Malad through the Western Express Highway. Areas such as Bandra, Santacruz, Worli and Parel, are closer to Khar west. "Dahisar is situated at a distance of 6 kms from Ghodbunder Road, which connects it to Thane
Q:
Can somebody let me know the status of this project and the completion date??
Latest Answer: Please be cautious if you are purchasing from builder, once substantial payment is done he is getting non responsive.
Q:
Can somebody tell me the possession date of Lodha Codename The Only.
Latest Answer: Wow!!! The amenities look wonderful and awesome stuff. Want to know how is the connectivity to this project. Are efficient modes of transport available to reach the apartments??
Q:
Can anybody tell me when the occupancy certificate will be given??
Latest Answer: Hello,
I have checked that this is quite good option to invest.
Q:
What is the current status of Rupji Vedant? When is the builder giving the possession??
Latest Answer: Hi,
Since I am looking for 1 BHK in this apartment, what is the present rate the builder is quoting and which are the banks are providing loans?? Do let me know about it at the earliest.
Q:
Is it necessary to pay Service tax to buy a flat in Virrar west Balaji Platinum
Latest Answer: Hi Everybody,
My question to all.........Is Vat and Service Tax is applicable on ready-to-move-in property, single residential unit, independent house, villa, bungalow and low cost housing? Should builder issue two separate receipts for both VAT and Service Tax?
Q:
Whats the status of Emerald Tower?? When will be the possession take place. Has anybody booked a flat in this project??
Latest Answer: With new developments taking place all round the year like proposed linking of Mulund with metro rail will only push the market prices to a great extent. The proposed metro connectivity will further boost the rates which may become exorbitant in coming years.
Q:
Hi, It seems that CIDCO has floated global tenders for Navi Mumbai airport project??
Latest Answer: Hey Friend,
The airport will eventually have a passenger handling capacity of 60 million annually. After the completion of the first phase, the airport will have the capacity to handle 10 million passengers. The bidding process is slated to be a two-staged process, which will be taken up through public-private partnership (PPP) on design, build, finance, operate and transfer (DBFOT) basis.
Q:
Hey did you hear that CIDCO has proposed for building redevelopment for areas in Navi Mumbai.
Latest Answer: In a essential advancement this specific selection 12 months, Cidco possesses mapped out and about the importance intended for approving floor area listing (FSI) of 3 intended for redevelopment of previous in addition to dilapidated buildings it's got formulated throughout its own plus the Navi Mumbai City and county Firm spot.
Q:
What are the flats available in Ashwa Platinum?? Is the construction work in progress in this project??
Latest Answer: construction stopped from last 3 years
Q:
Has anybody booked a flat in Tirumala Habitats?? Has the work commenced??
Latest Answer: Hello Sankalp,
Several leading banks like HDFC, IDBI and ICICI have approved for loans for this project. Yes infact the project has got the required approvals from BMC. I am living in this locality for past 4 years and till now have not faced any major water crisis as such. There was some issues when some repair work was going on. But now everything is being resolved and problem has been solved.
Q:
I am looking for flat in Runwal Anthurium. May I know when is the possession of the project taking place??
Latest Answer: Hi,
Can I know which are the banks are providing loans for this project and what specifications does the project have. How about the amenities provided by the builder. Do I have to pay for car parking separately or does it includes in the cost of the flat.
Q:
What is the present status of Nirmal Galaxy?? Has the work commenced??
Q:
Hey did you notice that Mumbai's property registration slumped to low % in last 5 years.
Latest Answer: Immediately after hammering the five-year lower levels throughout Nov, Mumbai's property revenue sign up quantities rebounded throughout November 2013, demonstrating the renewed desire for the particular financial capital's property marketplace from potential buyers
Q:
Great News!!!! Mumbai real estate market recovers well after a slump!!!!
Latest Answer: Hi Shantanu,
Did you know that reputed builder Lodha Group just offered pricing around Rs. 22,000 per sqft for their project in Lower Parel when other ready to move in were charging about Rs. 30,000. I think this was just to stay in the game and overcome cut throat competition from its rival group.
Q:
Can somebody let me know when will they give the possession?
Latest Answer: Hi,
I am planning to book in Avalon. Below things bother me:
1) The complex is not having CC. The sales guy says it will come in by April 2014. Few buildings of Vasant Lawns (built by Sheth) are not having OC till now.
2) The component "C", which is the "Other charges", is too high, close to 8 lacs. None of the projects in thane are exceeding 3 to 4 lacs.
3) Parking needs to be paid in Cash and not in cheque.
Can anyone share his views / experiences? Is it safe?
Q:
I am thinking of investing in Thane East. Can anyone tell me how is the locality for investment purpose and also provide me some names of good projects.
Latest Answer: Hey Vinay,
Checked out some real good projects coming up in Thane East like Anand Kirti, Gurdev Society, Dhavalgiri Society, Kanchanganga Society, SriRamakrishna Nagar, Ashwini Society, Bharat EcovistasShamik Ashtavinayak, Aakruthi Lake Woods and Hubtown Sunstream City.
Q:
When is the possession of the project and what is the current rate per sqft they are quoting?
Latest Answer: Lot of mosquitos dont let you sleep at night .Due to the gutter in the backyard of the
building there are lot of mosquitoes and there are
no sliding windows with mosquito net to prevent
these blood suckers from entering the house.
Q:
What is the current price per sq ft ??? Are they giving any negotiations ?
Latest Answer: ARe they providing any discounts or negotiations ? When is the expected completion date ?
Q:
Which all banks have approvals for home loans in this project ?? Is the project approved ?
Q:
Will this step going to help the low income group? What is the process and how they are going to allot these housing to LIG?
Latest Answer: Hi Praveen & Sunil,
The Maharashtra government will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", Maharashtra CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
Q:
It is very shocking that half of the buildings in Mumbai lack OC. What is the reason behind this?
Latest Answer: Activists who sought this data claimed that these types of data are not usually put up online or made accessible to the public. They also claimed that while the officials of the civic body are usually in a hurry to issue CCs and IODs (intimation of disapproval), they do not care much when it comes to issuing OCs. As a result, many gullible citizens are taken for a ride by developers. The activists are now urging the BMC to put these details for public access once every three months.
Q:
I heard that Sewri-Worli elevated corridor has received bids. How many bids did they receive?
Latest Answer: How much they are planning to take to complete the project? Will the project going to increase the property price in Worli?
Q:
What happen to Mumbai real estate? Why it has seen the lowest sales registration?
Latest Answer: Though the customer sentiments seem down, real estate experts are hopeful that the situation will improve. According to them, there are genuine buyers who are either waiting for better prices or making purchases. Customers have more options and can negotiate better deals with developers. This will eventually lead to more sales.
Q:
Hi, what is the latest news about MHADA is constructing new building ?? What is the construction status of the project?
Latest Answer: According to the news the plans for the residential towers are ready and work orders have been given but why are they are unable to start work ?
Q:
Hi people, i have heard that Bandra is the upcoming realty destination for the investors??Can any one brief me about the pros and cons of the area..
Latest Answer: I would like to be specific about few things that, the scenario was different , the eastern part of mumbai was emerging as the fastest residential zone. But the present scenario if different. There is tremendous redevelopment opportunity in Bandra east. Moreover, the commercial investment is more in this area now... like commercial complexes and offices spaces have more demand than the residential units. Although there are still scope for the eastern side to develop as a residential hub.
Q:
I am planning to buy a property in Kandivali. How is the locality for investment purpose?
Latest Answer: Kandivali has become a residential hotspot owing to reasons such as space crunch and high real estate capital values in South Mumbai. Kandivali also has a lower capital value compared to its western counterparts. There are projects by builders such as Parinee Builders, Ashray Group, Ajmera Cityscapes and Acme Developers.
Covered area of a 1-BHK flat is between 550-650 sq.ft. The covered area of a 2-BHK apartment is between 800-1050 sq.ft and the covered area of a 3-BHK property ranges between 1,250-1,650 sq.f
Q:
What is the property price going on in Wadala and Chembur?
Latest Answer: Chembur is one of the best places in the Mumbai Metropolitan Region (MMR) from investment point of view. According to Knight Frank report, the capital value of residences will double up in the next four years. Chembur has very good infrastructure – the monorail and the eastern freeway. It is also strategically located and well connected to BKC and central Mumbai.
Q:
I read some where that the Mumbai High Court has implemented new rule for considering redevelopment. What is the rule?
Latest Answer: Will the redevelopment of old flats affect the Mumbai real estate?
Q:
How is the real estate market in Govandi? How is the area connected with other parts of the city?
Latest Answer: How is the rent of properties in Govandi?
Q:
I am looking for a property and this is my first investment. I am a bit confused whether it is the right time to invest in the Bangalore real estate market? Is it a good idea to invest in a market where rupee is depreciating? Will there be more rupee depreciation in the coming future?Which is a better option buying ready-to-move-in apartments or pre launch project?
Q:
I came to know that new down payment norms is being offered by the real estate developers in Mumbai. I want to know more about it.
Latest Answer: Add to what Mr Shrikant said the scheme is being brought out with a mutual understanding between the builders and banks. The new scheme will help the buyers in easing out the burden of down payment by halving it. A buyer is expected to save about 50% on the interest costs. The negative impact on the bank is not much as it will gain more customers for loans. The developer too can offset a hit by gaining more buyers.
Q:
I am looking for an affordable home in Mumbai. Which are the good areas in Mumbai for affordable housing?
Latest Answer: @Bikram, You can also look for Vikhroli is located in the middle of the Eastern Express Highway (EEH). It has a few well planned highways and flyovers that connect Sion and Thane. One can reach Thane from Sion in 30 minutes. Vikhroli is also well connected by the LBS Marg from the west. The highway further connects it to western suburbs including Bandra and Jogeshwari. Vikhroli offers 1 BHK apartments within a budget of Rs. 55-60 lakhs. With the Mumbai metro expected to come here, property prices are set to go up by 12% in the first quarter of 2014.
Q:
What is the reason for the slow pace of redevelopment process?
Latest Answer: The Maharashtra Housing and Area Development Authority (MHADA) is planning to revamp certain redevelopment rules. Some proposed changes include giving a higher varying incentive in terms of FSI for cluster redevelopment. Earlier, the incentive was same for single building as well as cluster redevelopment in terms of free FSI. There is also an increase in the entitlement area for current occupants that has been proposed. There are various other regulations and processes that are proposed focused on standardizing and speeding up the redevelopment process.
Q:
How was the real estate market in Mumbai in Quarter April-June 2013?
Latest Answer: The municipal commissioner stated that another reason for an increase in the number of proposals is the increased need for public parking, which these projects are providing along with the availability of fungible floor space index (FSI). Under certain provisions of the Development Control Regulations (DCR), a new construction on an area of over 1,000 sq-mts in the island city and over 2,000 sq-mts in the suburbs receives FSI of up to 4 if the builder has agreed to develop public parking lots and hands them over to the BMC free of cost.
Q:
What is the status of Mumbai Slum Relocation project?
Latest Answer: I heard that another player in the dispute was the Slum Rehabilitation Authority (SRA) which polices the resettlement of slum dwellers and ensures that they are not fleeced by unscrupulous realtors. The SRA had released some development rights to HDIL which was sold in the market for Rs. 2,400 crore. It accused HDIL that the company was bound to complete the project as per agreement, but it had refused to give possession of the tenements that were already built to SRA. HDIL said that it would not hand over the buildings to SRA as the project agreement with MIAL was terminated.
Q:
Which is a better place to invest Ulwe or Panvel in Navi Mumbai?
Latest Answer: Now the buyers are hesitant due to sluggish economy and uncertain political scene along with the fear of further government delays in executing necessary infrastructure projects. :( :(
Q:
I heard that BMC is taking some initiative for RR rates in Mumbai. What is it? How to know about RR rates in Mumbai?
Latest Answer: The increase in ready reckoner rates is going to affect properties in areas like Prabhadevi, Cuffe Parade and Worli.
Q:
Has the new guidelines have come up for BMC property tax?
Latest Answer: Around 81 % of the properties in Mumbai remain unaffected from the recent hike in property tax. Also, with the new capital value-based property tax system in place, many are unhappy regarding the same and many plan to contest in High Court.
Further, for 27% of the residential properties in Mumbai, the tax bills have already been reduced as compared to the old rateable value-based system.
Q:
What are the good upcoming projects in Ulwe? How is this
place for real estate investment?
Latest Answer: Hi everybody,
3Ulwe is one of the fastest growing nodes of Navi Mumbai. It is located south of Kharghar and close to Panvel, where the Navi Mumbai International Airport is planned. This node has been planned and developed by CIDCO and is fast becoming a preferred destination for many.
Ulwe is well connected to most of the localities in Navi Mumbai by road. The Uran Road and JNPT Road pass through Ulwe connecting it to localities such as Greater Khanda, Kharghar, CBD Belapur and Panvel.
Q:
I heard that property registration documents in Mumbai can be downloaded now. Can you tell me it will be available online from when and some details please.
Latest Answer: The online downloading of documents for
properties in Mumbai will be a first ever service in the country and will be launched in Mumbai. Scanned copies of any property under the Mumbai municipal jurisdiction and details of ownership between January 2002 and December 2011 will be available for downloading.Downloading of property registration documents in Mumbai will be allowed very soon by the inspector general of registration (IGR).
Q:
How is Titwala as a place for investment option? Any idea what is the ongoing price of apartments in Titwala? I'm planning to invest in a property here.
Latest Answer: The area has witnessed 100% price appreciation in the last three years and the apartments in Titwala today cost double at what they were launched initially. Still, they are in an affordable range. The size of the units which are now being sold vary from 600-640 sq ft priced at Rs 2500-3500 per sq ft.
