Q:
i want to buy plot at your Sriperumbudur projects
My replies to this discussion
What are the selling rates per sq ft going on in Lakshmi Nagar Phase 2 - village is Amarambedur, Nr Hyundai Factory - around 2.5 kms from the highway.
Is it worth investing here - i am told rates are around 400-450 psf for a ground of 2400 sqft here.
Pl advise from experts appreciatedWhat are the selling rates per sq ft going on in Lakshmi Nagar Phase 2 - village is Amarambedur, Nr Hyundai Factory - around 2.5 kms from the highway.
Is it worth investing here - i am told rates are around 400-450 psf for a ground of 2400 sqft here.
Pl advise from experts appreciated
Q:
I want to know about the maintenance in Mantri Synergy, Chennai?. Are they giving power backup fully and is water coming 24hrs?
My replies to this discussion
There is enough power and water facilities and backup and the maintainence also has been reduced giving the economies of scale that the gated complex has.There is enough power and water facilities and backup and the maintainence also has been reduced giving the economies of scale that the gated complex has.
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Please advise if there are any sellers for 3 BHK in Mantri Synergy. Also please advise me the rates as well
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Looking for 2 BHK flat at Mantri Synergy, please let me know the offers.
Q:
Guys, you all might be knowing that CASA UNIVIS project is now known as LODHA SPLENDORA. The D/E/F wings in cluster IGNIS are ready for possession and many of the flat owners in the IGNIS must have got the possession (fit-out) demand letter. Even I've [E-1504] got the fit-out possession letter.
If anyone has taken possession and shifted there, please share us the experience with the possession formalities, flat inspection, living @SPLENDORA, any issues living there without OC or any other issues etc etc. This will help other fellow owners who want to shift there. I've heard that while doing the paper works for possession LODHA is asking buyers to sign some declaration that there're no dues from both the parties to each other and all payments have been settled and no parties can claim anything from each other. Is this true? Please share us the details. This is something really important others should know. Thank you.
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When I first booked a flat in this project, I was very excited and looking forward to living in this community.. But it's been more than 3.5 yrs, it is still under construction and as per the latest communication it will still take another year; this is very disgusting given the fact that they committed to deliver within 1.5 to 2 yrs and compensation if there is a delay. But there is no compensation given and false possession dates are being provided every time. So far the possession date is changed at least 6 times now, giving the silliest reason ever - 'Unavailability of labour'. How the hell they cant find labour from the entire Mumbai region? Whereas on the other hand they are starting couple of other projects every now and then. They are just there to take your money and enjoy the interest of it without thinking about You - The Customer. Poorest customer service. One important learning is never go on brand name.
Very Very very unprofessional and misleading people and project.
My replies to this discussion
I think the builders are also aware that the buyers are making a good capital gains from the time the flat was booked and hence are probably not too bothered with their obligations. It still does not take away the fact that EMIs, rentals also add to our cost.I think the builders are also aware that the buyers are making a good capital gains from the time the flat was booked and hence are probably not too bothered with their obligations. It still does not take away the fact that EMIs, rentals also add to our cost.
Q:
How are the apartments at Adyar in Chennai. i heard the property prices are very high there...is it so..?? What is avg price of land there..??
My replies to this discussion
Any idea of how much half a ground 1200 sqft would cost in Padmanabha Nagar in Adyar? ie assuming that hafl ground is available.
Pl shareAny idea of how much half a ground 1200 sqft would cost in Padmanabha Nagar in Adyar? ie assuming that hafl ground is available.
Pl share
Q:
Members - Did any of you owning flat in IGNIS D/E/F get possession yet - these were supposed to be ready soon? Also did the OC come in for these towers yet?
My replies to this discussion
I hear that there are few families who have shifted to Ignis - not sure why the other members are not sharing their status and views on this. The project seems to be coming up well it seems, although the amenities are in smaller scale than earlierI hear that there are few families who have shifted to Ignis - not sure why the other members are not sharing their status and views on this. The project seems to be coming up well it seems, although the amenities are in smaller scale than earlier
Q:
Hi everybody,This is Maulesh Shukla. I bought an apartment in Tierra B, Casa Univis (renamed as Splendora). I got a mail from them yesterday saying they are running behind schedule and are not getting approvals so I have an option to get my money refunded at 12% simple interest. This is cheating of highest order. Please note, they have sent such a mail to buyers from Tierra (A, B) and Cielo (C, D). Being a small retail buyer, I do not have any power against these powerful frauds. Can we create a common group and fight it out? All affected buyers who got such a mail can meet the management as a group and put our case forward.Let me know if all are interested and we can take this forward.
My replies to this discussion
What is the status here - has any member taken the interest compensation?What is the status here - has any member taken the interest compensation?
Q:
Hi..i got to know that Sobha developers are launching their new residential project in Chennai. I think along with Sobha Meritta they have also launched another project. Any updates..?
My replies to this discussion
This project as I understand is further away from Hindustan Engg & Mantri Synergy. ALso it is not right on the OMR but at a detour. The rates are around 5000/-psf for a 3 bhk (~ 1600 sqft) - is this a good investment that can expect growth?
With ready flats available at lower rates in the same stretch - not sure what is the USP of this project. Pl shareThis project as I understand is further away from Hindustan Engg & Mantri Synergy. ALso it is not right on the OMR but at a detour. The rates are around 5000/-psf for a 3 bhk (~ 1600 sqft) - is this a good investment that can expect growth?
With ready flats available at lower rates in the same stretch - not sure what is the USP of this project. Pl share
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Has anyone booked any villa here - can you share your experience and the costs etc?Also is this project coming up well to be considered as 2nd home for investment?
My replies to this discussion
Okey - this seems very low - considering that the monthly maintanence itself will be around INR 5000 per month. Surprisingly, the rental at Hira and other buildings closer to Hypercity is around 20-25K per month for 2 BHK.
This, if true is very low, any idea why?Okey - this seems very low - considering that the monthly maintanence itself will be around INR 5000 per month. Surprisingly, the rental at Hira and other buildings closer to Hypercity is around 20-25K per month for 2 BHK.
This, if true is very low, any idea why?
Q:
Read about them over the internet. I am planning to see an apartment in Lodha Splendora...can anyone share their experience about them, as I have read the complaints too below?Thanks,AG
My replies to this discussion
To extend possible try to get a ready to move in apartment in their IGNIS towers - the possession is going on so nothing can go wrong - the complex is huge and coming up wellTo extend possible try to get a ready to move in apartment in their IGNIS towers - the possession is going on so nothing can go wrong - the complex is huge and coming up well
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There were some issues in this project with the builder not providing municipal water and other facilities. The members are still having to buy these services at commercial rates.Has this been sorted out yet? Is it worthwhile to buy apartment here?
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Can any of the members share if there are any sale/buy trns happneing in the complex & at what prices?
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This is a very good society in Malad W - chincholi bunder road. I am keen to know if there are any 2 BHK (950 sqft) flats available for sale and at what price?Nothing on the site adverts.
My replies to this discussion
I checked on the TN govt website and the guideline value for this village was given as 350/- psf, probably that's is why the rate sellers are asking slightly more.
Is this a good place to invest and probably build house in the long term - Pl share viewsI checked on the TN govt website and the guideline value for this village was given as 350/- psf, probably that's is why the rate sellers are asking slightly more.
Is this a good place to invest and probably build house in the long term - Pl share views
My replies to this discussion
The price in this locale ranges from 13000 - 16000 psf. There is only on tower under construction - possesion this year quoting 16000 psf negotiable.
A 2 bhk of say 950 sqft will cost around 1.40 crs. The price in this locale ranges from 13000 - 16000 psf. There is only on tower under construction - possesion this year quoting 16000 psf negotiable.
A 2 bhk of say 950 sqft will cost around 1.40 crs.
Q:
What are the future prospects in Borivali East?
My replies to this discussion
Generally investments in suburbs in Mumbai are good if 1) the project is good 2) construction is good and 3) the location is good - borivili (e) is no exception if close to the highway.Generally investments in suburbs in Mumbai are good if 1) the project is good 2) construction is good and 3) the location is good - borivili (e) is no exception if close to the highway.
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I have not yet got my Aadhaar card, but nowadays we have been hearing a lot of things that Aadhaar is compulsory for gas, for railway reservation, and for many other schemes, etc. What about people who don't have one?
My replies to this discussion
Not to my understandingNot to my understanding
Q:
Builder is asking extra money for door jamb area equivalent to 10 sqft increase in saleable area. this has come after revision in the plan. Before revision the carpet area was 473 sqft w.r.t saleable area of 686 sqft. Now the carpet area has become 479 sqft and saleable area 695 sqft. My question is that looking into the roomwise dimensions notified in the builders plan the difference is coming in -ve i.e. less by 1sqt in carpet area. then how come the builder is demanding for door jamb area, whereas earlier before revision of plan this same door jamb area would have been considered. kindly give your valuable advise on this matter.
My replies to this discussion
Door jamb is included in the carpet area - although we would not like it to be. The builder includes this in his plan submission to the BMCDoor jamb is included in the carpet area - although we would not like it to be. The builder includes this in his plan submission to the BMC
Q:
http://www.proptiger.com/builders-in-chennai.php
My replies to this discussion
Real estate in any metro will be good investment - the question could be what is the rate of growth of investment in Chennai versus other metros. In which case I think Mumbai continues to be on the top of the growth charts.
Rentals are abysmally low in metros like Chennai, Calcutta etc., so the return on investment held is not even 1-2% of the capitalReal estate in any metro will be good investment - the question could be what is the rate of growth of investment in Chennai versus other metros. In which case I think Mumbai continues to be on the top of the growth charts.
Rentals are abysmally low in metros like Chennai, Calcutta etc., so the return on investment held is not even 1-2% of the capital
Q:
Is this a good project - has any member booked flat here? Pl share details on current (May2013) price psf, possession dates, any other relevant details - thanksGive description about your Question.
My replies to this discussion
Thanks for all your inputs - is the rate of 4900 psf a good rate to invest in that area? Also pl advise does this builder negotiate on the rates?Thanks for all your inputs - is the rate of 4900 psf a good rate to invest in that area? Also pl advise does this builder negotiate on the rates?
Q:
I checked this complex - Shree Shashwat last week and found it decent. Can the owners/members provide inputs around this specific complex interms of the buildings, society, facilities etc.,
Also I am keen to pucrchase a 1 BHK or 2 BHK @ 6000 psf ready possession with reserved car park in this complex - pl share
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IGNIS towers is now occuppied by many families is what I hear - any members on the forum who can share how is their experience over all - the OC also have been received for these towers I believeGive description about your Question.
My replies to this discussion
Any update on the possesion dates for IGNIS A tower? Pl share.
Also does any one have an idea of the resale rates for a 2 bhk (1026 sq ft) in this complex in the ready towers?Any update on the possesion dates for IGNIS A tower? Pl share.
Also does any one have an idea of the resale rates for a 2 bhk (1026 sq ft) in this complex in the ready towers?
Possessions are being given for IGNIS and believe many members have started staying there - any feedback from the members who are staying in the complex interms of amenities, facilities, club, pool, transport etcPossessions are being given for IGNIS and believe many members have started staying there - any feedback from the members who are staying in the complex interms of amenities, facilities, club, pool, transport etc
Q:
Pl provide feedback and inputs on this project in Malad W - what is the pricing being asked and how much is the carpet to super loading.
Pl also share if this is a good project and builder to invest in - are they willing to negotiate the price. Members and those who have booked - feedback appreciated
Q:
1. Am looking for a area size of 1200 to 2400 so that in future I can give to a builder for construstion.
2. Should I go for approved or un-approved land.
3. Please also let me know the pros and cons on the same.
Thanks in advance for your suggestions
My replies to this discussion
Approved (CMDA/DTCP) is always preferred as the layout is approved by the authorities - it may cost slightly more also. When land acquisitions happen approved layout get a better price from govt - but note that there are lot of houses constructed on unapproved land and it does not make it illegalApproved (CMDA/DTCP) is always preferred as the layout is approved by the authorities - it may cost slightly more also. When land acquisitions happen approved layout get a better price from govt - but note that there are lot of houses constructed on unapproved land and it does not make it illegal
Q:
what is the legally right/fair method to price the common area.
example: if there are 8 units in an apartment complex
if common are is 200sq.ft
shouldnt the buyer be paying for 200/8 = 25sq.ft
there are some builders who get payment from all 8 buyers for the entire common area portion.
My replies to this discussion
Common area is split in the ratio of the flat size and is normally called the super builtup area - it does not sound right that 100% of the common area is charged to all buyersCommon area is split in the ratio of the flat size and is normally called the super builtup area - it does not sound right that 100% of the common area is charged to all buyers
Q:
Any members here have booked or own a unit here - pl provide inputs on the construction, rate, complex - it will be very helpful
Q:
Anyone has booked an apartment in this project? What is the rate that has been offered as base price, floor rise, car park etc., and what is the super built up loading.
My replies to this discussion
JLL has taken over marketing of this project now - Krsna-Kala two towers in Bangur Nagar - 1280 sqft saleable per advt - any members any ideaJLL has taken over marketing of this project now - Krsna-Kala two towers in Bangur Nagar - 1280 sqft saleable per advt - any members any idea
The pricing of 16000/- psf for a under construction seems to be very high especially in this environment & atleast 40% loading. Has this rate been confirmed by the builder?The pricing of 16000/- psf for a under construction seems to be very high especially in this environment & atleast 40% loading. Has this rate been confirmed by the builder?
I have now heard through local brokers that the rates will be around 22-24K psf on carpet pricing - does this make sense?
Anyone having any further details pl shareI have now heard through local brokers that the rates will be around 22-24K psf on carpet pricing - does this make sense?
Anyone having any further details pl share
Q:
The recent rates in projects much later on OMR - more on the Vandalur - Kelambakam road (Sobha Merrita & others) are quoting over 4700/- psf. There is another project by Hira launched in Thaiyur further down.
Are the rates in Mantri Synergy going up & appreciating - any views/thoughts from members there who are aware of transactions is much helpful
My replies to this discussion
Any idea of the selling rate psf in Mantri Synergy ?
Are there any members looking to buy 3 BKH unused/new flat in higher floor?Any idea of the selling rate psf in Mantri Synergy ?
Are there any members looking to buy 3 BKH unused/new flat in higher floor?
Mantri full complex is ready and operational for the past 2 odd years & the rate of 70 lac for 3 BHK seem to be less than 4500/- psf - is it so low? Especially when the under construction projects after Mantri & away from OMR main road are quoting 4700-4900/- psf.Mantri full complex is ready and operational for the past 2 odd years & the rate of 70 lac for 3 BHK seem to be less than 4500/- psf - is it so low? Especially when the under construction projects after Mantri & away from OMR main road are quoting 4700-4900/- psf.
Has the rate for 3 BHK improved any further? Can someone give an indication of what will a 3 BHK with reserved car park fetch now?Has the rate for 3 BHK improved any further? Can someone give an indication of what will a 3 BHK with reserved car park fetch now?
Q:
Can somebody share some details about Lodha Splendora like units available, rate, possession???
My replies to this discussion
2BHK in ready to move is around 1.15 cr with car parking - actual rates/breakup pl confirm with builder. The flats are functional with water (private), electiricty, small pool and club.2BHK in ready to move is around 1.15 cr with car parking - actual rates/breakup pl confirm with builder. The flats are functional with water (private), electiricty, small pool and club.
Q:
Looking to buy a 1400 sq.ft 2BHK in Mantri Synergy I. Please let me contact me if available.
My replies to this discussion
The comments are over-stated, the association has changed over last 12 months and new members have been doing a good job of keeping the gated complex very well. The maintanence has also been reduced since late 2013 and there is enough water/power with backup.The comments are over-stated, the association has changed over last 12 months and new members have been doing a good job of keeping the gated complex very well. The maintanence has also been reduced since late 2013 and there is enough water/power with backup.
Q:
Looking to buy 2BHK or 3BHK form 1140 to 1500 Sq.Ft. in Mantri Synergy
My replies to this discussion
Mukesh - We have a unused 3BHK 1600 sqft on higher floor with open views - if interested pl send me you contacts and we can speak further.Mukesh - We have a unused 3BHK 1600 sqft on higher floor with open views - if interested pl send me you contacts and we can speak further.
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I am looking to buy a 2 or 2.5 BHK in Rustomjee Elanza. Please let me know if it is available and who I should contact.
My replies to this discussion
Better than Elanza - if space, smaller society and inside flat details are imp for you, then try Athena next to Infant Jesus Road nr Link Road. Pretty good flats 11 floors and 2 flats per floor.
Rate quoted for Elanza is definitely not worth the productBetter than Elanza - if space, smaller society and inside flat details are imp for you, then try Athena next to Infant Jesus Road nr Link Road. Pretty good flats 11 floors and 2 flats per floor.
Rate quoted for Elanza is definitely not worth the product
