Q:
Good news for home-buyers. Launching prices for mid-segment new residential projects witnessed 4-20% drop in 2015 in select micro markets of Mumbai, NCR and Bengaluru.
Latest Answer: As per a report, the submarket of Malad witnessed ticket size reduction by 15% in spite of average launch prices (mid segment) declining by only 8% primarily due to significantly reduced average unit sizes. Thane and Goregaon witnessed a decline in Average Weighted Basic Sale Price by 18% - 20% as well as reduced ticket size of new projects in 2015 compared to 2013.
Q:
These terms are extremely important and may often confuse a new buyer.
Latest Answer: Thanks a lot Abhijit,
We often see the advertisements flashing something similar to, Buy an apartment at just Rs 3500/sq-ft.!! but when we registered the flat the @3500/sq-ft. then it come to know that it is just the basic price, the actual price is much more than that. Is it true?
Q:
One section expecting a further correction in realty prices while others are anticipating a recovery between an improving macro-economic environment.
Latest Answer: Hey guys,
But discounts by builders/developers and 3rd time Repo Rate cut by the RBI have increased significantly in the secondary transactions market and distressed real estate liquidation by lenders who have not been repaid by developers, is becoming increasingly common.
Q:
Mumbai-based real estate firm DB Realty is ready to joined hands with ECC and Konark to develop a residential project in Andheri in suburban Mumbai.
Latest Answer: As per the latest news, DB Realty will have a 75% share in the project. In FY15, the company's consolidated profit after tax declined to Rs 56.8 lakh against Rs 11.5 crore and revenue dropped 17.2% to Rs 263 crore from Rs 318.2 crore during the same period.
Q:
Hi, i need details on Lodha Codename Supernova, Andheri East.
Latest Answer: Mumbai is among the most congested spots on the planet, with a foundation that scarcely figures out how to adapt the quantity of occupant. There will be an immense interest for properties taking after tremendous speculation and I think one must visit this site for data identified with land on propsurf
Q:
I need details of this project and it's current status.
Latest Answer: Hi everybody,
If you are planning to buy property in Ulwe, Navi Mumbai then here are the best project called Dream Sai Elegance by Dream Developers in Ulwe, Navi Mumbai. To get more information of this project click the link
Dream Sai Elagance, Ulwe, Navi Mumbai
Or,
To get best deal list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You
Post your Requirements to get matching properties details on your Email and Mobile.
Q:
Hi, i heard that the project has been completed up-to 6th floor? When are they giving possession for the rest of the flats?
Latest Answer: Guardian Eastern Meadows - offers cheap budget on Bangalore. Guardian Eastern Meadows You will find with detail
about project. Guardian Eastern Meadows in Bangalore give you the autonomy to desire as of leading and springy floors of a diversity of size with first-class conveniences.
Q:
What are the factors that affecting project launches in Mumbai and Delhi?
Latest Answer: Yes Praneetha,
All of us are aware that neither of Active component is going to reduce, yes passive can reduce but that is already at bottom line. If you are looking for house than this is the best time to click the deal. Yes! you can negotiate for passive components with developer, but to some extent because developers are playing with paper thin margins.
Q:
Do you know that Prime Residential Property in Mumbai is the 10th costliest in the world. The current rate of residential property is Rs 61300 a sq-ft.
Latest Answer: @mathur,
In London's St John Street, Clerkwell, a 700 sq-ft apartment could cost $1.3 million. A 1500 sq-ft apartment in West Street, Manhattan, could be had for $2.7 million while a 700 sq-ft flat in Hong Kong's Sai Ying Pun neighborhood could fetch $1.9 million.
Latest Answer: And if you dont want to invest in another property, you have an alternate way out. Section 54EC of the income tax act allows you to claim exemption by reinvesting your capital gains in bonds. These bonds are called capital gain bonds and are usually issued by the National Highway Authority of India (NHAI) and Rural Electrification Corporation (REC).
Q:
Before taking loan on mortgaging, it is crucial to understand its pediculous.
Latest Answer: A mortgaged property cannot be sold without the permission of the lender to whom the property is mortgaged, especially if the loan is in default. If the loan is not in default, the property owner can sell the property and get his loan transferred to the buyer, by keeping the lender in the trap.
Q:
Major property markets of the country including Mumbai, New Delhi and Bangalore are expected to witness more hunger for real estate investment with significant rise in rankings of these cities.
Latest Answer: The the report highlighted Tokyo, Jakarta, Osaka, Sydney and Melbourne as the top 5 investment destinations for 2015.
Q:
I have heard a lot about the locality from property dealers and others butt I am looking for feedback from people staying there or people who have bought apartment in this locality.
Latest Answer: This place is a complete hell, the light goes out anytime for 5,6 hours and the water supply also stopped for 4,5days.
Q:
Hello, is this project approved?? will i get bank loans if i opt for this project?
Latest Answer: Hi all,
I have booked a 2BHK flat in Konark Garden, Badlapur East and the developer has promised that they will hand over the project in March'2015. Now, July'2015 is going on but no sign of possession. Can anybody tell me the exact date of possession? Is there any issue in approval process?
Q:
Hi, In Mumbai's Adarsh Case MP Kriti Somaiya revealed the name of 3 former chief ministers and two serving minister.
Latest Answer: Yes, even i heard the top story that the Maharashtra government on Saturday told the legislative council that the Marine Drive police station had taken down a detailed statement from Mumbai's MP Kirit Somaiya against three former chief ministers and two serving ministers accused in the Adarsh case.
Q:
Hey can you tell me how is the project ?? How is the locality of the project ?
Latest Answer: Arristo Heaven Siesta, Mulund is a good project.
Thanks
Q:
Hi,please advise about this builder and the area. will this be good investment?
Latest Answer: Hi, for more information about this project you can click on
Mohan Highlands,Badlapur
OR
Kindly call on the toll free number (1800) (180) (180) (180) Or You can
Post your Requirements to get matching properties details on your Email and Mobile.
Q:
Hi, The private company of the global investment firm Xander Group has invested Rs 370 crore in Kapstone Constructions.
Latest Answer: Hi,
What is the used of that received capital? How many private investment has been done before in kapstone Construction?
Q:
Has anybody booked a flat in this project? Does someone have any idea about the builder credentials?
Latest Answer: Hi All,
I am planning to take a home loan as I am keenly interested in booking a 2 BHK flat? Has anybody taken a housing loan and which banks have approved for home loans?
Q:
Hi,
Good News to the Mumbai residents. It seems that the work on the Mumbai Metro Phase III is going to start soon. Yahoooo!!!!
Latest Answer: Hello Ramesk,
Its really great, thank you for sharing with us. It will be really smooth an comfortable to travel from Colaba to seepz.
Q:
I am interested in booking a 1 BHK flat in this project. Do I have to pay extra charges for club house??
Latest Answer: Hello Arup,
The project is wholly approved and sanctioned by MMRDA. Got to know through company executive that there is good scope for property appreciation in coming years. As many residential, commercial and infrastructure developments taking place, the prices are shooting up steadily in present times. One can expect high value for money invested.
Q:
Planning to buy a flat in this project. Has the project already been launched and when is its due possession date?
Latest Answer: Hi Pravin,
Download the Om Paradise brochure pdf. You will get there all updated information accurately.
Q:
Can anybody provide me a general feedback about Panvel locality as I am planning to invest in this area. Your feedback and comments will be highly appreciated
Latest Answer: I heard that Panvel offers new apartments. Can anyone elaborate about the same?
Q:
When are they giving the possession of the flats in this project??
Latest Answer: Guys,
I have booked flat in Yashashree & its been more than 4 Years the work is stand still. No communication from builder Mr. Fatesh Mirchandani about restart of project. Please do not put your money. Please confirm my statement with people residing in same area if you feel that I am doing any bad publicity.
Q:
Will anybody tell me what are the units available in Neptune Lotus??
Latest Answer: Hi Praveen. Warm greetings of the day.
Actually heard that all the units have been sold in this project.
Q:
Planning to book a flat in Shiv Sahyadri?? Has the project being launched? Have anybody booked a flat in this project.
Latest Answer: Booked a flat in building shiv sahyadri .I booked flat 3.5 years before and yet even the building that is being redeveloped has not been demolished.
Q:
A spacious 3-BHK apartment in the city for rental options within Rs 40,000 per month. Kindly discuss on this news.
Latest Answer: at this time its perfect for the location navi mumbai.
Q:
Any idea how was the real estate market in Mumbai in 2013 and how the real estate market going to be in 2014?
Latest Answer: There are also certain areas such as Taloja, Ulwe, Dronagiri and New Panvel that can be considered more affordable. Though these destinations are still developing and do not have much infrastructure yet, one can see good prices in the next 4-5 years. Current property prices in these areas vary between Rs. 3,500-6,900 per sq.ft.
Q:
Nahar Group has recently launched a ready-to-move-in apartment in Mumbai.. Kindly share the details of the project.
Latest Answer: As far as I know It is a completed project, nowadays people are seeing more and more people preferring ready for possession apartments. Many people like senior management professionals as well as NRIs and leading businessmen in Mumbai buy luxury projects.
Q:
I hear that the govt. has planned to let developers raise up to $1 billion, is it true?
Latest Answer: At the same time Housing Minister Prakash Mehta recommended a decrease in FSI-TDR rates to make land available to developers in return for a specific percentage of free homes to the government, which could be sold at low prices to the poor classes.
Through this, the govt could eliminate its Rs.350000 crore financial debt pressure got from the past program.
Q:
Which is a better place to invest Ulwe or Panvel in Navi Mumbai?
Latest Answer: Hi,
Are you looking for affordable housing? There are some ares of Navi Mumbai are best for investment. While property has increasingly become unaffordable in Mumbai, Navi Mumbai still provides multiple budget from Rs.30 lakh to Rs.50 lakh options. The proposed SEZs at Dronagiri, Ulwe and Kalamboli, and the upcoming international airport at Panvel could change the face of this satellite city. I would suggest you to visit once in these locality before investment.
Q:
What are the future prospects in Borivali East?
Latest Answer: Hi Nishant, for entertainment, there are options like Raghuleela Mall and Indraprastha close by. Other options for recreation are Prabodhankar Thackrey Auditorium, the Gorai Creek on the western coast,
Essel World, Water Kingdom and the Global Pagoda. The rental value of a 1BHK apartment in this locality is around Rs 13,000 upwards per month, a 2BHK is Rs 18,000 per month while a 3 BHK begins at Rs 25,000 per month.
Q:
How much is maintenance charges for premium or luxury apartments..??
Latest Answer: That is why nowadays..the housing societies and developers are focusing to hire facilities management firms to take care of maintenance aspect of luxury residential projects.
Q:
Hi is Borivili west a well connected area? what are the good investment pockects for residential projects in Borivili
Latest Answer: The ongoing rates are around Rs 9000-12000 per sqft.. An increase of 9% in price has been witnessed in the locality against last quarter.. Rents are also given at around Rs 13000 for 1 BHK and Rs 18000 for 2 BHK while Rs 25000 for 3 BHK apartment..
Q:
Hi, im looking to buy a resale property and planning to go for SBI Loan. how much time does it take for SBI people to process the loan?
Latest Answer: If you have proper documents it will not take long time. just take procedure time thats it
Q:
Hi, I am looking to buy a property in Ulwe, Navi Mumbai. is it the rite time or should I wait?
Latest Answer: Reliance is investing in the SEZ in Ulwe. The buildings are already up about 80% work done. Campus and glass farcade is left.
Q:
What can we expect from the real estate bill??
Latest Answer: Hey all,
I think even the panel is waiting for this bill as they have not changed the penalty provisions of the Bill and retained the original proposal such as imprisonment of developers for any violation of the proposed law. It indicated that everybody want that the sale of plot, apartment or building in an efficient and transparent manner, to protect the interest of consumers in the real estate sector.