Vinay Dixit, Mumbai
Q: I am not satisfied with our apartment's recycled water. The recycled water water provided to toilet flush contains lumps of dirts. It doesn't clears the commode perfectly. The matter was already reported in apartment owner's association meeting. But, still now there is no response. How can I get clean water for flushing the toilet and how to avoid faulty smell?

My replies to this discussion
Hi, Tell them you are going to seek legal action in general body meeting and then file a complaint.Hi, Tell them you are going to seek legal action in general body meeting and then file a complaint.
Q: I want to know the rates and other details for fixing the stamp duty & registration of a flat in Navi Mumbai

My comments to replies
could you please show the calculations lets says property value is 100Rs
Hi Mehboob, You can find out the market value of your property and the stamp duty amount on it from the Ready Reckoner as follows:- You should know the division/village name and C.S. /C.T.S. number of your property. From the Ready Reckoner, locate your valuation zone and sub-zone with the help of the division/village name and C.S./C.T.S. number of your property.
10th February 2015
From the table know your rate per square meter, then multiply the rate with the built up area of your property in square meters. You will get a value. Reduce or increase this value for lift and depreciation as per the valuation factors given in the Ready Reckoner and you will get a market value. Find out the stamp duty amount applicable to you as per the market value.
10th February 2015

Q: We have booked 1 bhk flat in your Neptune Swaraj project in Sector 2, Bldg. No.10. Please inform when we can expect completion?

My replies to this discussion
Hi, The date of possession of Neptune Swarajya, Ambivali will be June 2015 as per the discussion made with the developers. Yes, the project is delay for almost 2 years but now the construction work is in full pace.Hi, The date of possession of Neptune Swarajya, Ambivali will be June 2015 as per the discussion made with the developers. Yes, the project is delay for almost 2 years but now the construction work is in full pace.
My comments to replies
Hi, The date of possession of Neptune Swarajya, Ambivali will be June 2015 as per the discussion made with the developers. Yes, the project is delay for almost 2 years but now the construction work is in full pace.
You are right Dharmaja, Even i heard a lot of bad news about the developer as well. But i am not sure about it. May be a act of making the developers image malign. Don't go on any rumors. Before investing or buying any property check all the legal approvals then proceed. Thanks....
22nd May 2015

Q: The government introduced new rules for calculating the FSI. Will it be helpful for the builders to sell properties in lesser price?

My replies to this discussion
FSI is the floor space index. Municipalities and governments allow only a certain FSI. Otherwise very tall buildings in a narrow space would be constructed leading to parking and various other problems. Government had drafted a policy for FSI through out Maharashtra. It would vary from city to city and municipality to municipality depending upon the population density.FSI is the floor space index. Municipalities and governments allow only a certain FSI. Otherwise very tall buildings in a narrow space would be constructed leading to parking and various other problems. Government had drafted a policy for FSI through out Maharashtra. It would vary from city to city and municipality to municipality depending upon the population density.
Q: Today we visited the site... but dumping ground smell was bothering us.... liked the project. But because of that dirty smell we are in two minds.
My comments to replies
Hi, I wanted to know the current price per sq-ft of Raunak City, Kalyan, Mumbai?
Hi, The current price quoted by the developer is Rs. 4800/sq-ft
8th September 2014

Had Any one taken the Possession ???????
Hi Roshan, I had a word with their executive and found that 60-70% work of Phase-3 has been finished and they will offer its possession after 2 years. As phase-3 has only 1BHK in 580 sq-ft. and will cost to you around Rs.33 lacs to Rs. 33 lacs. As far as Phase-2 is concerned it is ready-to-move and if you are looking for the possession of ph-2 contact the developer because they told me that send me your flats no. i will tell you when you will get your flats possession.
13th January 2015

Q: I have purchased a farm house plot in Saffron City, Wangani village, Velhe taluka, Pune district in 2008. Saffron City with developed bungalow plots, farm house plots, agricultural plots with roads, electricity, compound to plots. This project is situated near Kondhanpur on one side and Wangani on other side. It is at 35 km from Pune. It was booked in this project offered by Saffron developers, Pune with the promise of handing over the plot in 2010 with well developed roads, electricity and water at the doors. A fencing and plantation in the plot will be provided by the developer. Nothing has been happened till today. Anybody has any idea about it? Is there anyone who has booked plot here?

My replies to this discussion
Hi, Saffron Developers is a company working in realty. It is the coming together of experienced professionals from the field of real estate development and construction. Their maiden project under the Saffron banner is planned in few hundreads acres of land acquired near Kondhanpur Wangani Road near pune satara road. Saffron is a company with a focus on premium property developments. All their recent developments have four basic ingredients, customer focus, thoughtful planning, premium amenities and quality of life. Some of their ongoing projects are Saffron Gogalwadi, Saffron Khopi and Saffron City.Hi, Saffron Developers is a company working in realty. It is the coming together of experienced professionals from the field of real estate development and construction. Their maiden project under the Saffron banner is planned in few hundreads acres of land acquired near Kondhanpur Wangani Road near pune satara road. Saffron is a company with a focus on premium property developments. All their recent developments have four basic ingredients, customer focus, thoughtful planning, premium amenities and quality of life. Some of their ongoing projects are Saffron Gogalwadi, Saffron Khopi and Saffron City.
Q: Hi myself Sarang Shah,I am planning to book a flat in Jaycee Bhagtani Riyo. But I am not sure how this scheme is been planned? when will be the possession? when shall the builder receive the CC for construction?I have done inquiry regarding possession and i m receiving different dates some say 2015 some say 2017.Can anybody help me in explaining how good is this property ??/ is it worth to invest in this project.

My replies to this discussion
HI, Jaycee Bhagtani Riyo Phase I, Mira Road by Jaycee Homes Limited offers 1/2 BHK residential apartments. 1 BHK from 600-625 sq-ft. and 2 BHK in 875 sq-ft. The current price quoted by the developer is Rs. 6000/sq-ft. It will cost to you Rs. 36 lacs to 37.50 lacs. for 1 BHK and Rs. 52.50 lacs for 2BHK. The date of possession will be December'2017.HI, Jaycee Bhagtani Riyo Phase I, Mira Road by Jaycee Homes Limited offers 1/2 BHK residential apartments. 1 BHK from 600-625 sq-ft. and 2 BHK in 875 sq-ft. The current price quoted by the developer is Rs. 6000/sq-ft. It will cost to you Rs. 36 lacs to 37.50 lacs. for 1 BHK and Rs. 52.50 lacs for 2BHK. The date of possession will be December'2017.
Q: usable area and loading for 1 BHK & also for 2 BHK. possession and on rate,amenities
My replies to this discussion
Hi Mr. Singh, rates of flats in Mulund is around Rs 9000- Rs 11000 per sqft. What is your budget? Hi Mr. Singh, rates of flats in Mulund is around Rs 9000- Rs 11000 per sqft. What is your budget?
Q: Any updates of Real estate bill..?

My replies to this discussion
Hi everybody, What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.Hi everybody, What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
My comments to replies
Hi everybody, What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
Righ Arpit, The number of fights have seen between home buyers and realty developers due to delay in project completion and it can come down if the bill is making it mandatory for the builder to maintain 50% of customer advances in an escrow account within 15 days of receiving the money from buyers.
23rd July 2015

Q: I have booked flat in Tiera B. I have a doubt on completion of project by April '13. Does any one know the delay. There is no communication from Builder. The builder is very prompt in asking money but very slow in providing status.
My replies to this discussion
Hi Shirish, I have booked a flat in Lodha Casa Univis and have been prompt in making payments. But every time I get a mail stating I have not made payments and they asked me to pay interest on some payment which I have defaulted. I know it is not true so I wrote to them asking them to provide details about the same. No mail from there side yet. Hi Shirish, I have booked a flat in Lodha Casa Univis and have been prompt in making payments. But every time I get a mail stating I have not made payments and they asked me to pay interest on some payment which I have defaulted. I know it is not true so I wrote to them asking them to provide details about the same. No mail from there side yet.
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
Hi everyone, even I am facing the same problem. It is heights.. How can they play with our hard earned money. I think we can make a group and join the owners' group which is on the right hand side in Lodha Casa Univis and blurt all our worries. Lets fight together. (One of my other worried friends had suggested this.) Hi everyone, even I am facing the same problem. It is heights.. How can they play with our hard earned money. I think we can make a group and join the owners' group which is on the right hand side in Lodha Casa Univis and blurt all our worries. Lets fight together. (One of my other worried friends had suggested this.)
Q: Has the new guidelines have come up for BMC property tax?

My replies to this discussion
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.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: There are many complaints regarding the new tax system, residents are unhappy with it. What will be the next step of govt in this regard? And what are your views about the new tax system?

My replies to this discussion
We have been receiving very high property tax bills on the properties in Mumbai and that too it is increased without giving any prior information from the govt. The bills have even crossed a crore in South Mumbai which has provoked the people to protest. The tax has been doubled for houses in Mumbai.We have been receiving very high property tax bills on the properties in Mumbai and that too it is increased without giving any prior information from the govt. The bills have even crossed a crore in South Mumbai which has provoked the people to protest. The tax has been doubled for houses in Mumbai.
Q: I would like to buy a 3 bhk in Nahar r 2 sector (fiorello, frangipani, camelia) or in Lillium or Lantana. Please advise if any owner is keen on selling. Thank you.

My replies to this discussion
Yes Nidhi, there are few 3bhk flats available and they are listed in commonfloor. You can check the details by clicking apartments for sale in Nahar Amrit Shakti .. Hope this helps. Yes Nidhi, there are few 3bhk flats available and they are listed in commonfloor. You can check the details by clicking apartments for sale in Nahar Amrit Shakti .. Hope this helps.
Q: Hi !!!!!!! I have booked a 1BHK in Lodha Casa Rio in Persiana at 4455. Can anyone tell what is the price as of now and the construction status???? Harish.
My replies to this discussion
Thanks for the input Mr Bhat. However, Mr Singh, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..Thanks for the input Mr Bhat. However, Mr Singh, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..
Q: what is your opinion about RNA developer and builder in goregaon west; mumbai. They are booking apartments in exotica project in goregaon west....in mumbai......need your opinion and expert advise..THANKS

My replies to this discussion
Hi Arup, are you talking about RNA EXOTICA project?? As per what I have heard, the project has been issued stop work notice and the future of it looks unclear. It seems the developer had acquired FSI from other sites for the same project, which was illegal. Hi Arup, are you talking about RNA EXOTICA project?? As per what I have heard, the project has been issued stop work notice and the future of it looks unclear. It seems the developer had acquired FSI from other sites for the same project, which was illegal.
Q: Hi i m looking to invest in land, kindly suggest me good and economical real estate investment options in Mumbai.

My replies to this discussion
Buying plots?? Go for places which are present in the outskirts of the city like Karjat, Kalyan, Neral. Because there are more plots available and demand also increases proportionally leading to more price appreciation.. Hence good returns!Buying plots?? Go for places which are present in the outskirts of the city like Karjat, Kalyan, Neral. Because there are more plots available and demand also increases proportionally leading to more price appreciation.. Hence good returns!
Q: Do we have here any one who has purchased a flat @ Skyline Sparkle Nahur ?

My replies to this discussion
Hi Mr Iyer, I was planning to book an apartment in this project.. What is the price they have quoted?? Which kind of apartment you are looking for or have booked??Hi Mr Iyer, I was planning to book an apartment in this project.. What is the price they have quoted?? Which kind of apartment you are looking for or have booked??
Q: Want to buy a flat in imperial heights . PREFERABLE 3 BEDROOMS .area- 1200 - 1550 sq ft
My replies to this discussion
Hi Shibani, for a 3 BHK flat in Imperial heights, they had quoted 1.68 Crores-3.9 Crores few months back.. However, you can inquire what are the ongoing rates.. How much they have quoted now??Hi Shibani, for a 3 BHK flat in Imperial heights, they had quoted 1.68 Crores-3.9 Crores few months back.. However, you can inquire what are the ongoing rates.. How much they have quoted now??
Q: When will be position, RHINE CLUSTER, WING B, B-103, CASA RIO GOLD, DOMBVILI EAST

My replies to this discussion
Thanks for the input Mr Bhat. However, Mr Mathivanan, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..Thanks for the input Mr Bhat. However, Mr Mathivanan, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..
Q: Is it as per rules and regulations of ''Societies registration act'' for a society to charge hefty amount for shifting of household stuffs by lift? If yes is there a limit? If not then is it legal for society to charge for the same? My society is asking for a pretty unreasonable amount which I inquired with many people around living in big societies too and realized it is not so anywhere. Please help.

My replies to this discussion
Hi Pearl, there is no such rule as being charged for shifting of household stuffs by lift with hefty amount. You can speak with the association's office and know about this.. Also, if you are getting harassed too much, then you can speak to your neighbours and can ask for favour to make a group and speak with the association..Hi Pearl, there is no such rule as being charged for shifting of household stuffs by lift with hefty amount. You can speak with the association's office and know about this.. Also, if you are getting harassed too much, then you can speak to your neighbours and can ask for favour to make a group and speak with the association..
Q: what is FSI and what are the rules for FSI in Delhi
My replies to this discussion
Recently i heard a news that Sachin tendulkar had requested for extra FAR in his under construction house..he wanted the extended FAR to make a Gym, but since the existing FAR of the plot had been utilized it was not extended.Recently i heard a news that Sachin tendulkar had requested for extra FAR in his under construction house..he wanted the extended FAR to make a Gym, but since the existing FAR of the plot had been utilized it was not extended.
Q: Hi, I'm looking to invest in Mumbai, Kindly suggest me some good pre launches in Mumbai ans surrounding areas?

My replies to this discussion
There is another new launch in the city called Raheja Exotica Sorento in the Madh Island Mumbai.. Does anyone has any idea about this project??There is another new launch in the city called Raheja Exotica Sorento in the Madh Island Mumbai.. Does anyone has any idea about this project??
My replies to this discussion
Tricity Pristine is located in Kharghar. These apartments in (city) have the most modern amenities like Gym and Clubhouse, Garden, Indoor games . Tricity Pristine offers 2bhk, 3bhk houses. This luxurious venture is a G+14 Storyed Tower with 2BHK 2BHK+T and 3BHK flats. It is 4minutes away from Little World Mall, 5 minutes from Kharghar Station, 2 minutes from Sion-Panvel Highway, 10 minutes away from Ryan international School, 5 minutes from hotel 3 star and Royal Tulip Hotel 10 minutes from AC Patil CollegeTricity Pristine is located in Kharghar. These apartments in (city) have the most modern amenities like Gym and Clubhouse, Garden, Indoor games . Tricity Pristine offers 2bhk, 3bhk houses. This luxurious venture is a G+14 Storyed Tower with 2BHK 2BHK+T and 3BHK flats. It is 4minutes away from Little World Mall, 5 minutes from Kharghar Station, 2 minutes from Sion-Panvel Highway, 10 minutes away from Ryan international School, 5 minutes from hotel 3 star and Royal Tulip Hotel 10 minutes from AC Patil College
Q: Hi, where is this project exactly lovated and what is the recent price per sq ft for this project?
My comments to replies
Hello All, Please share if anyone of you have latest updates on this project. What I have heard from bhagtani office is that it is going to take another 4 months for IOD. Please let me know your feedbacks if any. Thanks
HI Naren, I think we should stop blaming govt. for each & every thing. If builder doesn't apply for IOD even after 2.5 years of prelaunch, then what govt can do in this matter. What is the point in getting property at cheap rates when the underlying asset itself doesn't exist and is still in planning stages.
9th September 2014

HI, What is current rate in powai for pre launch? I am also investor for 1 BHK in Bhagtani Serenity in Powai. But This investment is questionable. If builder will not get IOD, then what will happen? IS he will be in position to refund all the money.
Hi Abhishke, In my view 9500/sq-ft is a very good rate for the pre-launch project. I think BMC is following Tortoise's speed and also our government who is not supportive and serious towards any infrastructure and development of mumbai ... They have not even applied for IOD yet forget about obtaining it. Firstly, they need to have clear land for which they are obtaining more money from new investors. Once land is clear, only then they can apply for IOD.
9th September 2014

Q: We booked a flat by paying a token(5Lacs) in the month of Nov'12 in this Project Rising City by Hubtown and 3 other builders. We were assured that the CC would be coming in by Mid Dec. It did not come till Mid Jan'13 when we were told that if we want we could withdraw with full refund before the balance payment was made. We did the same. However, since then we have not received the refund as promised and in fact attempts have been made to prove that the money should actually be forfeited! recently they asked us to sign some false unreasonable documents as a condition for refund. Completely unethical and unprofessional behavior
My replies to this discussion
Hi Vikas, that is so unprofessional of them. I would suggest you to take legal help as getting a notice from a legal adviser would hold some weight then going anonymously.. Also, go lodge a case against the builders in consumer court.. You might get refunded for all the mental harassment you are facing.. Hi Vikas, that is so unprofessional of them. I would suggest you to take legal help as getting a notice from a legal adviser would hold some weight then going anonymously.. Also, go lodge a case against the builders in consumer court.. You might get refunded for all the mental harassment you are facing..
Q: Dear All,I am planning to buy a 2BHK in Clarion. Basically I was looking for some 2BHK in Kandivali (E) and the broker took me and shown the site.He was all gang-hoo about the project and said that he has a investor flat at good rate with good appreciation in future. He also mentioned that work was stopped but now it is in full swing. But thanks to the reviews by all the users in this forum, I want to be doubly sure before taking a plunge.So just like to know1) Is it a good time to invest. I am ready to wait for some time but just dont want to be stuck in the same indefinitely in hope of good returns.2) Was CC for higher floors the only issue or there are some other issues. CC issue could be (or might have been resolved) after the BMC approval but if there are some internal issues (like as mentioned cash crunch, land title) that they are very difficult to resolve and could stop the project for a long time.Thanks in advance

My replies to this discussion
The rates of properties have gone so high that it has been ensured that 1-2 percent price hike can be witnessed in the luxury segment in the next two years. Also expected is a 0.5 percent growth in Mumbai rates which is due to a positive growth in the city. So, good time for investing..The rates of properties have gone so high that it has been ensured that 1-2 percent price hike can be witnessed in the luxury segment in the next two years. Also expected is a 0.5 percent growth in Mumbai rates which is due to a positive growth in the city. So, good time for investing..
My replies to this discussion
I agree with Arup. Also, there is option of Down Payment which requires you to pay the entire price of the property at the time of booking. One possible advantage of this is that you can expect to get a 10%-12% discount on the property by paying the entire amount in full.I agree with Arup. Also, there is option of Down Payment which requires you to pay the entire price of the property at the time of booking. One possible advantage of this is that you can expect to get a 10%-12% discount on the property by paying the entire amount in full.
Q: Owner's contact details of 3bhk flat for sell
My replies to this discussion
Hey, you can go through 3 BHK Apartment for Sale in Shivaji Park and search for the properties according to your budget and requirement.. Hey, you can go through 3 BHK Apartment for Sale in Shivaji Park and search for the properties according to your budget and requirement..
Q: At the time of booking themarket interest rate was around 8.5 to 9 % where as lodha was offering 6% ( ie rebate of 2.5% approx.)if loan is taken from this 2 banks. This rebate was suppose to be paid by lodha to bank after a year from disbursement. Now when I approached them they seems to make some excuses. Hence I want to know if any body has got this benefit.

My replies to this discussion
Thanks for the input Mr Bhat. However, Mr Laxmikant, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..Thanks for the input Mr Bhat. However, Mr Laxmikant, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..
Q: WE WANT TO SELL OUR FLAT IN HARMONY HORIZON FLAT NO. 202 A WING

My replies to this discussion
If you are interested, then you can list your property for sale at List property for sale and find the right buyer for your apartment. It helped me in the past and got many prospective buyers inquiring about my flat in Mumbai. Hope it helps!If you are interested, then you can list your property for sale at List property for sale and find the right buyer for your apartment. It helped me in the past and got many prospective buyers inquiring about my flat in Mumbai. Hope it helps!
Q: Hi is Borivili west a well connected area? what are the good investment pockects for residential projects in Borivili
My replies to this discussion
Even I have heard much about that place and wanted to have my own house in somewhere near Borivili.. I have two children studying in school.. Transfer from school can be a problem.. Can you tell me what are the schools available in the vicinity??Even I have heard much about that place and wanted to have my own house in somewhere near Borivili.. I have two children studying in school.. Transfer from school can be a problem.. Can you tell me what are the schools available in the vicinity??
Q: Hi, i m a first time home buyer. Can you please share with me the tips for first time home buyers..
My replies to this discussion
I agree with piyush.. Also, choosing the right location is another important step for the first time home buyers. Your job and other personal circumstances can take you places. Further, what floor should you choose in high rise structures and why, what is the quality of material used in the construction, is there a recurring monthly cost of maintenance, is the water supply arrangement adequate and hygienic are some of the questions you should think of.. I agree with piyush.. Also, choosing the right location is another important step for the first time home buyers. Your job and other personal circumstances can take you places. Further, what floor should you choose in high rise structures and why, what is the quality of material used in the construction, is there a recurring monthly cost of maintenance, is the water supply arrangement adequate and hygienic are some of the questions you should think of..
Q: rate, area & locatioon. If possible please provide more details. Thanks
My replies to this discussion
You can Post your Requirements to get matching properties details on your Email and Mobile. It helped in the past in searching for properties..You can Post your Requirements to get matching properties details on your Email and Mobile. It helped in the past in searching for properties..
My replies to this discussion
After the state forest department demarcated private land in the area as forest zone in 2005, many building constructions were stalled on which many citizens had invested money.. The high court subsequently ordered a stay on all constructions that were taken up on the acquired forest land, which remains effective till date.After the state forest department demarcated private land in the area as forest zone in 2005, many building constructions were stalled on which many citizens had invested money.. The high court subsequently ordered a stay on all constructions that were taken up on the acquired forest land, which remains effective till date.
Q: Every time you ask builder , you here a different date.First it was end of 2014, then it came down to end of 2013, now again we are hearing 2014 march
My replies to this discussion
Every builder has pros and cons so do they. May be they did not get all the approvals from the authority so they might have postponed the possession date. Every builder has pros and cons so do they. May be they did not get all the approvals from the authority so they might have postponed the possession date.
My replies to this discussion
Mr Sudhir, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..Mr Sudhir, since you have booked a flat in this project, would you be able to throw some light about the same??? I am interested in booking a 2 BHK in this project..
Q: Hi..i heard that Shilpa Shetty has entered real estate world by launching Groupco developers. Please give me more detail on this.
My replies to this discussion
It is an equal sharing joint venture company, where Shilpa holds her stake through Kundra Constructions which is a joint venture between her and husband Raj Kundra.It is an equal sharing joint venture company, where Shilpa holds her stake through Kundra Constructions which is a joint venture between her and husband Raj Kundra.
My comments to replies
Hi all, Highlights of the luxury project Paradise sai Symphony:- Ground + 23 floors Project status :- on hold 1 & 2 BHK luxury apartments 2 glorious towers with 3 wings each 288 units 675-1100 sq-ft Current price-Rs. 8100/sq-ft Located amidst the serene surroundings of Kharghar, Navi Mumbai’s central node Expected Possession:- May'2016
Well Arun, Do you have any information about project approval which all banks have approved this project? Is there any other projects by the developer in the locality?
4th July 2014

My replies to this discussion
The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the special economic zone (SEZ), to unlock 40% of it for construction of residential buildings. Apart from the township, there are plans of developing malls, schools and colleges. The apartments will be developed keeping both the affluent and the common man.The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the special economic zone (SEZ), to unlock 40% of it for construction of residential buildings. Apart from the township, there are plans of developing malls, schools and colleges. The apartments will be developed keeping both the affluent and the common man.
Q: I have heard that reliance is gablout to launch its integrated township in ulwe which will comprise of 1bhk, 2bhk & 3bhk flats. The pre-launch offer quoted by the reliance infra is Rs.3800 per.sq.ft. The projec will be similar to that of hiranandani in powai. The minimum area for 1bhk flats will be 650sq.ft & 2bhk will be of 1050 sq.ft. The launch in diwali 2013. I am really excited and i am looking forward to put my investment with reliance.

My replies to this discussion
The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the special economic zone (SEZ), to unlock 40% of it for construction of residential buildings. Apart from the township, there are plans of developing malls, schools and colleges. The apartments will be developed keeping both the affluent and the common man.The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the special economic zone (SEZ), to unlock 40% of it for construction of residential buildings. Apart from the township, there are plans of developing malls, schools and colleges. The apartments will be developed keeping both the affluent and the common man.
My replies to this discussion
Hi.. you can even join the owners group which is present on this website. Even that will help to get updated with the regular news in the project.. You can click on Unnat Nagar Akshay CHS and join the owners group tab present on the right hand side of the page.. Once the admin accepts your request, you are ready to join the other discussions.. Hi.. you can even join the owners group which is present on this website. Even that will help to get updated with the regular news in the project.. You can click on Unnat Nagar Akshay CHS and join the owners group tab present on the right hand side of the page.. Once the admin accepts your request, you are ready to join the other discussions..
Q: I have recently purchased a 1 BHK in subject area. I need to pay property tax of this flat. I want to pay this tax online. Could anybody help me regarding this?
My replies to this discussion
Hi, The Thane Municipal corporation has announced that all owners who pay property tax for the whole year within the month of June will be able to take advantage of a 4% concession. A similar 5% concession was given to all owners who paid property tax in the month of May. As time proceeds the concession percentage will further reduce. 3% concession will be provided in July and 2% concession in the month of August.Hi, The Thane Municipal corporation has announced that all owners who pay property tax for the whole year within the month of June will be able to take advantage of a 4% concession. A similar 5% concession was given to all owners who paid property tax in the month of May. As time proceeds the concession percentage will further reduce. 3% concession will be provided in July and 2% concession in the month of August.
Yes, the property tax can be paid online using the Thane City property tax payment site. But it doesn't work all the time. Procedure:- Enter the PTN, the property tax number, or owner's name. Add prabhag Samiti also. Enter submit.Yes, the property tax can be paid online using the Thane City property tax payment site. But it doesn't work all the time. Procedure:- Enter the PTN, the property tax number, or owner's name. Add prabhag Samiti also. Enter submit.
My replies to this discussion
In January'2015, a news came that Maharashtra Government will make efforts to computerise gram panchayats and make available online various schemes that are implemented through Zilla Parishads but this plan is still on paper no initiative has been taken till now.In January'2015, a news came that Maharashtra Government will make efforts to computerise gram panchayats and make available online various schemes that are implemented through Zilla Parishads but this plan is still on paper no initiative has been taken till now.
Q: I have heard that there are two mobile towers on a building in Sion. I stay in a nearby area.. What is the current scene now?

My replies to this discussion
The building in Sion was constructed in 2000 and by 2005, about seven floors were ready. Bhandup based Shree Swami Samarth Developers, the builders after two years allowed two telecom service providers to install towers on the building. In November 2010, a housing society was formed by the residents. But after the formation of the association, the builder tried to stop them by complaining to the registrar of cooperative housing societies. The complaint stated that the signatures of two residents had been forged.The building in Sion was constructed in 2000 and by 2005, about seven floors were ready. Bhandup based Shree Swami Samarth Developers, the builders after two years allowed two telecom service providers to install towers on the building. In November 2010, a housing society was formed by the residents. But after the formation of the association, the builder tried to stop them by complaining to the registrar of cooperative housing societies. The complaint stated that the signatures of two residents had been forged.
Q: What are the future prospects in Borivali East?
My replies to this discussion
I feel Borivili east will grow in few years.. It has the potential to grow. It has good road connectivity via the Express Highway to rest of the city along with inter- state connectivity to Gujarat. As of now, the property rates in Borivili east have increased by 10 to15% in the last one year. Ongoing capital value here is between Rs 12,000 and Rs 14,000 per sq ft. I feel Borivili east will grow in few years.. It has the potential to grow. It has good road connectivity via the Express Highway to rest of the city along with inter- state connectivity to Gujarat. As of now, the property rates in Borivili east have increased by 10 to15% in the last one year. Ongoing capital value here is between Rs 12,000 and Rs 14,000 per sq ft.
Q: flat must be well maintained with good view and parking facility

My replies to this discussion
Hey Susan..even i am looking a for a flat in Great Eastern Gardens. Do you have any idea about the per sq ft price...??Hey Susan..even i am looking a for a flat in Great Eastern Gardens. Do you have any idea about the per sq ft price...??
Q: Hi All, Hope u guys are aware of the latest news about the Worli ( Campa Cola Society) demolishen. 170 flat owners have been asked to leave just because they did not have the occupancy certificate.. Although the flat owners had paid their yearly taxes and had the flat registered 20yrs ago, the govt has declared it to be illegal.. This only reminds me that few blocks in PWC are still not given with the OC. Note: This is not to create any worry, just a concern that we all need to squarely plan and resolve.

My replies to this discussion
Before any other case pops up like Campa Cola, the BMC must quickly restructure its building approval system, update and upload the status of every project on their website and ensure home buyers have access information they want to know or any building plan in the city.Before any other case pops up like Campa Cola, the BMC must quickly restructure its building approval system, update and upload the status of every project on their website and ensure home buyers have access information they want to know or any building plan in the city.
Q: Has anyone been to the site? Kindly share the details of JP Decks Goregoan. is this project worth investing?
My replies to this discussion
Hi Sankalp...there is no clear picture of the project.I came to know that the builder is also delaying agreements of people who invested during pre lauch offer. It was scheduled for completion in 2013-14 but it is getting completed in 2015-2016 and that also builder is not sure. work is running very slow.Hi Sankalp...there is no clear picture of the project.I came to know that the builder is also delaying agreements of people who invested during pre lauch offer. It was scheduled for completion in 2013-14 but it is getting completed in 2015-2016 and that also builder is not sure. work is running very slow.
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

My replies to this discussion
Did they increase the rate per sqft? As per my knowledge the rate per sqft was Rs 5300.Did they increase the rate per sqft? As per my knowledge the rate per sqft was Rs 5300.
Q: Constructions is stopped on tanvi eminence phaseII since feb2013. They are still saying it will start from september 2013. Do someone know what is the reason?

My replies to this discussion
Hi Anand, Even I am calling to the sales representatives of the project but no one is picking the call. Do you have any alternative number?Hi Anand, Even I am calling to the sales representatives of the project but no one is picking the call. Do you have any alternative number?
Q: Which are the ideal place in Mumbai to invest in?
My comments to replies
According to property consultants, the offerings are set to be in the premium segments since the price range in the stretch ranges between Rs 20000- Rs 45000 sq ft. Builders have been open to negotiation in premium segment and have lessen the rates in support of a sizable up-front payment.
Which are the best performing areas in Mumbai which has seen growth in the real estate market?
10th July 2013

Q: I want to buy 3BHK in AHCL homes . please send me detail about area and price
My replies to this discussion
I completed agree with Mr Ashish. The project was launched 3 years ago and supposed to get completed by next month. The project is known to be approved by BMC.I completed agree with Mr Ashish. The project was launched 3 years ago and supposed to get completed by next month. The project is known to be approved by BMC.
All the leading banks are providing home loan for this project and they are open for negotiationAll the leading banks are providing home loan for this project and they are open for negotiation
Q: is it fine to buy a room over der because we heard some controversary is their is it true???????
My replies to this discussion
I heard that the R.C.C work till 16th floor of the building was completed in the month of Feb. 2009. Since then, the work was going at snail's pace. The brick work, internal and outside plastering upto 15th floor were completed by March 2010. Thereafter, the work was totally stopped. As per the commencement certificate issued by CIDCO, the builders were permitted to construct G+15 floors for "A" wing and G+16 floors for "B" WING. Now the partners are fighting among themselves for profit sharing on enhanced FSI to 20th Floors, rather than completing the project.I heard that the R.C.C work till 16th floor of the building was completed in the month of Feb. 2009. Since then, the work was going at snail's pace. The brick work, internal and outside plastering upto 15th floor were completed by March 2010. Thereafter, the work was totally stopped. As per the commencement certificate issued by CIDCO, the builders were permitted to construct G+15 floors for "A" wing and G+16 floors for "B" WING. Now the partners are fighting among themselves for profit sharing on enhanced FSI to 20th Floors, rather than completing the project.
My replies to this discussion
Mohan Altezza is one of the ongoing project of Mohan Group in Kalyan, Mumbai. The project offers 2, 3, 4 and 5 BHK apartments. The project is expected to get completed by 2013.Mohan Altezza is one of the ongoing project of Mohan Group in Kalyan, Mumbai. The project offers 2, 3, 4 and 5 BHK apartments. The project is expected to get completed by 2013.
My comments to replies
Mohan Altezza is one of the ongoing project of Mohan Group in Kalyan, Mumbai. The project offers 2, 3, 4 and 5 BHK apartments. The project is expected to get completed by 2013.
@Srikanth, The company has put as 2013 for the completion date of the project. That means you want to say that there is wrong info available in the website
24th July 2013

Q: I heard that Mumbai High Court has given an order that regularizing illegal structure by buying FSI not possible? Why is it so?
My replies to this discussion
Yes you have heard it correct. The Bombay High Court has given a ruling that buying extra Floor Space Index (FSI) or paying a penalty cannot be a way to regularize unauthorized construction.Yes you have heard it correct. The Bombay High Court has given a ruling that buying extra Floor Space Index (FSI) or paying a penalty cannot be a way to regularize unauthorized construction.
The buildings had got permission to construct only up to five floors. However, the builders flouted the norms and went on to construct 35 illegal floors. The Supreme Court had ordered the demolition of these illegal floors and later granted an interim stay for five months in 2012. After the SC order, the BMC moved the court for vacating the stay order. The Mumbai High court upheld the ruling of vacating the stay on demolition of the apartment's illegal floors.The buildings had got permission to construct only up to five floors. However, the builders flouted the norms and went on to construct 35 illegal floors. The Supreme Court had ordered the demolition of these illegal floors and later granted an interim stay for five months in 2012. After the SC order, the BMC moved the court for vacating the stay order. The Mumbai High court upheld the ruling of vacating the stay on demolition of the apartment's illegal floors.
My comments to replies
The buildings had got permission to construct only up to five floors. However, the builders flouted the norms and went on to construct 35 illegal floors. The Supreme Court had ordered the demolition of these illegal floors and later granted an interim stay for five months in 2012. After the SC order, the BMC moved the court for vacating the stay order. The Mumbai High court upheld the ruling of vacating the stay on demolition of the apartment's illegal floors.
The judge also said that all construction in a layout must conform to the total FSI of the plot in that layout just as all constructions must conform within the extent of the FSI for its regularization on an individual plot. If that was exceeded, the construction would be in violation of the Municipal Act. It would also be a wholly unauthorized construction which cannot be protected.
28th July 2013

Q: Hi, I am interested in this project and want to purchase 2BHK. When i went to the site and spoke to the concerned officila about cost structure. They are asking for Rs 1750000 as other charges which needs to be paid in cash once the booking maount is given. There will not be any receipt that will be paid to me other than the receipt for booking Amount. Kindly let me know the bifurcation of this Rs 1750000. Also, why is the receipt not paid for this amount ? If i assume this amount to be Society charges, corpus finds etc then it should be paid at the time of possession not now. Pls help me with these queries. Regards, PK

My replies to this discussion
Hi all, Anchor Park, a township developed by Anchor Group, the first electronics company who supplied piano shaped and stylish alters to Indian homes. After the huge success of Phase-I of its integrated Anchor Park, the realty arm has launched Phase-II with 30 high rise towers of 7 floors each in Vasai East, Mumbai.Hi all, Anchor Park, a township developed by Anchor Group, the first electronics company who supplied piano shaped and stylish alters to Indian homes. After the huge success of Phase-I of its integrated Anchor Park, the realty arm has launched Phase-II with 30 high rise towers of 7 floors each in Vasai East, Mumbai.
Q: Any members here have booked or own a unit here - pl provide inputs on the construction, rate, complex - it will be very helpful

My replies to this discussion
Shri Sapta Ratna CHS is one of the ongoing projects in Malad West, neighborhood of Mumbai. The expected completion date is by end of this year.Shri Sapta Ratna CHS is one of the ongoing projects in Malad West, neighborhood of Mumbai. The expected completion date is by end of this year.
My replies to this discussion
I was interested in this project and today I called the marketing person and they are not ready to provide me any information about the project over the phone. They want me to visit the site after that only they will provide me all the details about the project and More over they kept me on hold for more then 20 mins.... This is very rude :(I was interested in this project and today I called the marketing person and they are not ready to provide me any information about the project over the phone. They want me to visit the site after that only they will provide me all the details about the project and More over they kept me on hold for more then 20 mins.... This is very rude :(
Q: How was the real estate market in Mumbai in Quarter April-June 2013?

My comments to replies
In prominent sub-markets such as South, South Central, North and Central Mumbai where the supply of quality properties is low compared to demand, capital values went up by 4-20% in high and mid-end segments depending on the location and size of the property.
Some of the major launches in residential units in the second quarter included Indiabulls Phase II in Panvel and a high-end project in Mulund by Tata housing. Western suburbs especially in the Goregaon-Borivali belt saw a few launches. Thane too saw some major growth in residential units.
1st August 2013

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.
According to real estate consulting firms, this is lucrative for a developer. As a developer goes higher vertically, an additional floor fetches an additional 1% in his earning, hence an increase of almost 40% for a flat on the 40th floor.
5th August 2013

Q: What is the status of the project? It was suppose to get to commence its services in September this year?
My comments to replies
What is the estimated price of the project and which are the areas the monorail will connect?
The expected cost of the project is approximately Rs. 203 billion and will be built in two phases. The project will connect south Mumbai to western suburbs through Jacob Circle and Chembur via Wadala, and then the eastern suburbs via Thane. The monorail will service about 300,000 commuters along this stretch. The construction of first phase was planned to begin in 2009 and the first line was scheduled to complete in 2011. However, due to delays, it is now expected to begin operations in 2013.
13th August 2013

Q: Is it a smart idea to invest in Mumbai western stretch?
My replies to this discussion
Mumbai is known for its fast paced growth. As such, it has been seeing a massive growth in residential as well as commercial projects in the last few years. The western stretch especially has seen massive growth in infrastructure projects and hence residential projects.Mumbai is known for its fast paced growth. As such, it has been seeing a massive growth in residential as well as commercial projects in the last few years. The western stretch especially has seen massive growth in infrastructure projects and hence residential projects.
My comments to replies
How is the connectivity to other parts of Mumbai ?
The western part of Mumbai has very good connectivity to other parts of Mumbai through highways such as National Highway 8. The Jogeshwari-Vikhroli Link Road (JVLR) connects the western suburbs to the eastern suburbs. There are many other important state highways and expressways connecting west Mumbai to other parts of Mumbai, Navi Mumbai and Pune. The Mumbai railway and metro provide excellent connectivity between different parts of Mumbai.
15th August 2013
Other factors such as excellent roads, low crime rates and social comforts such as low industrialization, lesser slum areas and low pollution have made these areas popular residential hubs.
15th August 2013

Q: Property bubble to soon blast in ULWE. The Navi Mumbai airport has become financially unviable option and plans are almost confirmed to cancel the airport and return the land which was acquired initially. The news which was published in times of india saying that airport work to commence next year was only to ensure that prices do not fall any further. Most of the newspapers were asked not to publish the latest news but Mid-day went ahead and published the fact. Consumers please be cautious and do not buy any property in Ulwe as future is really dark. Please follow the mid-day link below for the update: http://www.mid-day.com/news/2013/aug/150813-navi-mumbai-airport-cm-shoots-down-returning-developed-land-to-farmers.htm

My replies to this discussion
I somewhere agree with the above statement that the demand for residential project is increasing in Ulwe as the area is offering affordable housing. Ulwe has seen 47% growth in demand for 1 and 2-BHK properties.I somewhere agree with the above statement that the demand for residential project is increasing in Ulwe as the area is offering affordable housing. Ulwe has seen 47% growth in demand for 1 and 2-BHK properties.
Yes Shrikant, Though the process took time, it is now almost over. 90% of the land required has been taken over and compensation in the form of 22.5% developed land is being handed over to the project affected people. We expect the pre-construction development work to start as early as possible.Yes Shrikant, Though the process took time, it is now almost over. 90% of the land required has been taken over and compensation in the form of 22.5% developed land is being handed over to the project affected people. We expect the pre-construction development work to start as early as possible.
Q: What is the reason MHADA is increasing FSI for cessed buildings it acquired?

My replies to this discussion
MHADA has currently identified houses built before 1970 on the island city and paying a cess to MHADA for their maintenance as cessed buildings. A majority of such buildings were built before 1940 and most of them are under dilapidated conditions, mostly due to ignorance of the land owners after freezing of rents. According to the tenants ownership scheme announced in 1980s under the MHADA Act, at least 70% of the tenants could come together and pay the landlord a hundred months' rent. By doing this, the housing authority could acquire the property from the landowner and convey it to the tenants as a cooperative housing society.MHADA has currently identified houses built before 1970 on the island city and paying a cess to MHADA for their maintenance as cessed buildings. A majority of such buildings were built before 1940 and most of them are under dilapidated conditions, mostly due to ignorance of the land owners after freezing of rents. According to the tenants ownership scheme announced in 1980s under the MHADA Act, at least 70% of the tenants could come together and pay the landlord a hundred months' rent. By doing this, the housing authority could acquire the property from the landowner and convey it to the tenants as a cooperative housing society.
Q: What is the status of the project? I heard that farmers will get 22.5% land back. Is that true?

My replies to this discussion
CIDCO is expecting the first phase of the airport to be operational only in 2017. With the project being stalled for at least three years, builders have started offering up to 10% discount on unsold flats. Even people who bought flats from the investment point of view are trying to exit by selling their properties for a price less than market value.CIDCO is expecting the first phase of the airport to be operational only in 2017. With the project being stalled for at least three years, builders have started offering up to 10% discount on unsold flats. Even people who bought flats from the investment point of view are trying to exit by selling their properties for a price less than market value.
My comments to replies
The troubled Navi Mumbai International Airport project may have a breath of fresh air as CIDCO offers 22.5% of developed land to the airport project affected people. The airport project had earlier seen delays in its commencement due to the deadlock between CIDCO and the project affected people (PAP).
CIDCO said that the revised compensation offer was also intended at ensuring speedy rehabilitation and resettlement process for the farmers and achieve early construction. The state government has resolved to distribute the developed plots on village to village basis instead of case to case basis. This is to make sure that livelihood is maintained.
21st August 2013

Q: I am planning to buy a ready-to-move-in apartments in Ulwe. Is this the right time to buy an apartment?

My comments to replies
In the past few months buying has gone down drastically in Ulwe what with end users staying away and investors not being interested in ready-to-move-in apartments. Investor interest is still upbeat in Ulwe but they largely look for under-construction property
Around five years ago, when Ulwe started developing, a rush of both investors and long term end users was witnessed as projects were available for Rs 2,000-2,500 per sq ft. Today prices have escalated to Rs 5,000-5,500 per sq ft and at this rate nobody wants to invest in a ready-to-move in property.
23rd August 2013

Q: I am planning to buy a 2 BHK in Thane. Can anyone tell me if it s a good idea to buy a 2 BHK in Thane or should I buy somewhere else?
My comments to replies
Thane is considered largely a middle-class destination, 2-BHK units have emerged as the most supplied unit size in the suburb. According to sources, the total supply in Thane was for 2-BHK apartments in the April-June 2013 quarter was more than 45 percent.
You can also go for other localities like Ghodbunder road, Majiwada and Manpada. But now Ghodbunder road and Majiwada have become comparatively expensive to fit the affordable tag. However Dombivli still offers properties that are reasonably priced.
26th August 2013

You can even buy a 2-BHK apartment within the price band of Rs 40-60 lakhs in Dombivli. In this budget, you can enjoy meditation areas, fragrant garden, riverside promenade, walkways and plazas, etc. As the lower prices are due to the lower land values, developers generally do not shy away from offering world-class amenities.
Thane is one of the fastest growing areas in the Mumbai Metropolitan Region (MMR) because of several factors are there which made Thane one of the most preferred residential locations near Mumbai today. First, the suburb offers exceptional connectivity to Mumbai via three major highways, namely, NH3, NH4 and the Eastern Express Highway.
26th August 2013

Q: I am looking for 2 BHK flat in Roadpalli area for investment purpose. i have shortlisted Akshar Velencia (Qouting 5550/sft) and Bhoomi Gardenia Qouting (5200/sft). Please let me know if anyone booked here at what price. Please also suggest the future prospect of this location or suggest any good project. My budget is 45-50 Lac inclusive of all.

My replies to this discussion
I think the price they are quoting is fine as i have seen other builders are quoting Rs 6700 for their project in the same area.I think the price they are quoting is fine as i have seen other builders are quoting Rs 6700 for their project in the same area.
Q: How Goregaon is connected to the other parts of the city? Is it safe to buy a property in this locality?
My comments to replies
Goregaon has very good road infrastructure and is well connected to other parts of Mumbai. The suburb has the Western Express Highway and Link Road passing through it. Goregaon has three major bus depots viz, Goregaon Bus Depot, Goregaon Bus Station and the BEST Bus Depot. The Goregaon railway station lies on the western line of Mumbai Suburban railway. The Mumbai International Airport is about 14 km from Goregaon and can be accessed via the Western Express Highway. There is currently no metro station here. However there is a metro station proposed in the Shastri Nagar locality during Phase III construction of Metro.
Since Goregaon is a neighbouring suburb to Powai, it is close to the Kensington SEZ as well as other business institutions in Powai. It is also about 18 km from the Bandra Kurla Complex which is a central business district (CBD).
31st August 2013

How is the demand for multistorey apartments in Goregaon?
Goregaon sees a high demand for multistorey apartments than residential properties. While there is a good demand for 1,3 and 4 BHK properties, the demand is high for 2 BHK properties, which means that the suburb is still popular with the middle-class. The area of a 1 BHK apartment ranges from 600 - 750 sq-ft while the area of a 2 BHK apartment is in the range of 700 – 1,300 sq-ft while for a 3 BHK apartment the area is between 1,000 – 2,100 sq-ft. The covered area for a 4/5 BHK apartment is between 2,020 - 2,890 sq-ft.
31st August 2013
The rent for a 1 BHK flat is between Rs. 13,000 – 35,000 while the rent for a 2 BHK flat ranges from Rs. 19,000 – 70,000. Rent for a 3 BHK flat is between Rs. 25,000 – 1.05 lakh while the rent for a 4/5 BHK flat is between Rs. 65,000 – 1.2 lakh. The cost of a 2/3 BHK house may come up to Rs. 1.4 crore.
31st August 2013

Q: Hi, Shifting to Mumbai. Looking for a 2 BHK for rent for small family. Looking forward to kitchen and wardrobe in the flat. Pls contact Regards Archana

My replies to this discussion
Hi Archana, There are 2 BHK apartments available for sale in Goregaon West . What is your budget?Hi Archana, There are 2 BHK apartments available for sale in Goregaon West . What is your budget?
My comments to replies
Hi Archana, There are 2 BHK apartments available for sale in Goregaon West . What is your budget?
Hi Archana, to check the availability of 2 BHK apartment for rent click here
2nd September 2013

Q: Is there any chance for property price hike in Mumbai?

My replies to this discussion
Is the Eastern Freeway operational or it is yet to get operational?Is the Eastern Freeway operational or it is yet to get operational?
Q: How is the real estate market in Prabhadevi? What the good projects coming up in this area?
My replies to this discussion
Prabhadevi is a completely posh area. More than its amenities, the chief contributors to the posh locality is its proximity to expensive suburbs, the commercial South Mumbai and the Arabian Sea. Its central location in Mumbai and its “clean” image has also contributed majorly to its expensive statusPrabhadevi is a completely posh area. More than its amenities, the chief contributors to the posh locality is its proximity to expensive suburbs, the commercial South Mumbai and the Arabian Sea. Its central location in Mumbai and its “clean” image has also contributed majorly to its expensive status
Prabhadevi sees a high demand for multistorey apartments for rentals. While there is a good demand for 1 and 2 BHK properties, 3 BHK properties see a high demand in this area. The area of a 1 BHK apartment ranges from 250 - 750 sq-ft while the area of a 2 BHK apartment is in the range of 700 – 1,450 sq-ft. For a 3 BHK apartment, the area is between 1,450 – 2,200 sq-ft. The covered area for a 4/5 BHK apartment is between 2,000 - 3,600 sq-ft. The covered area of a 1 BHK house is between 300 – 550 sq-ft, a 2 BHK house is 700 – 1,200 sq-ft and a 3/4 BHK house is between 1,050 – 1,850 sq-ft.Prabhadevi sees a high demand for multistorey apartments for rentals. While there is a good demand for 1 and 2 BHK properties, 3 BHK properties see a high demand in this area. The area of a 1 BHK apartment ranges from 250 - 750 sq-ft while the area of a 2 BHK apartment is in the range of 700 – 1,450 sq-ft. For a 3 BHK apartment, the area is between 1,450 – 2,200 sq-ft. The covered area for a 4/5 BHK apartment is between 2,000 - 3,600 sq-ft. The covered area of a 1 BHK house is between 300 – 550 sq-ft, a 2 BHK house is 700 – 1,200 sq-ft and a 3/4 BHK house is between 1,050 – 1,850 sq-ft.
My comments to replies
What is the price trends going on in Prabhadevi?
In the Apr-June quarter of 2013, the locality price depreciated to Rs 38562 per sq. ft.
11th September 2013

Q: What is the reason for the endless delay in Mumbai Metro Rail?

My replies to this discussion
Yes 
after seven years of laying the foundation for Mumbai's first alternate transport service in 2006, the Mumbai metro still seems to be stuck in endless delays. The 11.05 km line connecting the eastern and the western suburbs was supposed to become operational in December this year. However now, there are uncertainties looming around its date of commencement.Yes 
after seven years of laying the foundation for Mumbai's first alternate transport service in 2006, the Mumbai metro still seems to be stuck in endless delays. The 11.05 km line connecting the eastern and the western suburbs was supposed to become operational in December this year. However now, there are uncertainties looming around its date of commencement.
When the project was first awarded, the base fare would be between Rs. 9 – Rs. 13 for different distance slabs with a provision of increasing the fare by 11% every four years. Now, MMOPL has proposed the base far to be between Rs. 22 – Rs. 33 citing cost escalation. MMOPL claimed that as per the concession agreement, it could approach the government for an upward revision of the fare prices beyond the one permitted in the notification if there is any unanticipated increase in the project operating cost.When the project was first awarded, the base fare would be between Rs. 9 – Rs. 13 for different distance slabs with a provision of increasing the fare by 11% every four years. Now, MMOPL has proposed the base far to be between Rs. 22 – Rs. 33 citing cost escalation. MMOPL claimed that as per the concession agreement, it could approach the government for an upward revision of the fare prices beyond the one permitted in the notification if there is any unanticipated increase in the project operating cost.
My comments to replies
How long will be the second line of Mumbai Metro and which localities the second line is going to touch?
The second line of Mumbai Metro at this point is planned between Mankhurd and Charkop via localities of Shivaji Chowk, SG Barve Marg, Kurla, Complex Road, Bharat Nagar, Income Tax Office, Bandra, Khar, Arya Samaj Chowk, Nanavati Hospital, Vile Parle, Juhu, JVPD, ESIC Nagar, DN Nagar, Shastri Nagar, Samarth Nagar, Oshiwara, Bangur Nagar, Kasturi Park and Malad. It will be 39 km long and will have 27 stations along the route. The Mumbai Metropolitan Region Development Authority (MMRDA) had selected Reliance Infrastructure to carry out this project.
20th December 2013

What is the estimated cost of the project and when is the project getting completed?
Construction of this line was supposed to begin in August 2010 and was expected to be completed by mid-2013. However, construction work had not commenced even in December 2012 due to multiple challenges such as high construction costs and unavailability of land. Hence, the state government planned to cancel the second line. However, the challenge of land unavailability has been overcome. Hence, while keeping the plans of the second line still alive, the state government has approved to also extend the line to Dahisar
20th December 2013

Q: What is the reason for few takers for premium apartments in South Mumbai?

My replies to this discussion
There is also another problem which has deterred many people who want to buy properties from the point of investment. In the Mumbai market, buyers cannot sell their property without having complete possession. Newer projects either have longer exit-duration clauses or have stagnated due to delays. Neither are investor friendly. People who have already invested in properties are unable to sell till the project is completed.There is also another problem which has deterred many people who want to buy properties from the point of investment. In the Mumbai market, buyers cannot sell their property without having complete possession. Newer projects either have longer exit-duration clauses or have stagnated due to delays. Neither are investor friendly. People who have already invested in properties are unable to sell till the project is completed.
Q: I came to know that Raheja Realty launched second phase of affordable homes. What is the name of the project?

My replies to this discussion
On how many acres of land the project is coming up? How many apartments will be there in this project and what is the price they are quoting?On how many acres of land the project is coming up? How many apartments will be there in this project and what is the price they are quoting?
How is the reputation of the builder?How is the reputation of the builder?
Q: Is the rupee fall going to effect the infrastructure projects?

My comments to replies
The rupee fall has not only affected the real estate industry in India, but also the infrastructure sector. Costs of several projects around the country such as Mumbai metro, Navi Mumbai Metro have gone up. Some multimillion dollar projects have seen almost 10% increase in costs translating to an increase of several hundred crores
Some projects were already affected and had come to a stand still due to various problems. The falling rupee added fuel to fire. Moreover, certain reforms that were planned are taking time to implement. Uncertainties have grown in the past one year increasing investor concerns.
23rd September 2013

According to Mr. Wilfred Aulbur, Managing Partner of Roland Berger Strategy Consultants, the Indian infrastructure is seeing tough times. Infrastructure sector are facing certain key challenges related to land acquisition, debt funding from banks and environment clearances. Access to funds from banks are limited since the banks are reaching their lending limits. Interest rates do not seem to come down in the near future. Moreover, there have been delays in land acquisition and environmental clearances, cost overruns and scope of projects. This increased risk makes it difficult to gain bank loans. Private equity firms are already facing a tough situation due to the slow economy, Hence, equity finance is almost impossible.
Another challenge for the infrastructure projects in India is that though there is 100% FDI allowed, there are a handful of foreign players. They have already secured many projects and cannot take up anymore. The fall in GDP to has affected the revenues of infrastructure projects.
23rd September 2013

Q: What is the reason that South Nashik is attracting Mumbaikars?

My replies to this discussion
For Mumbaikars who plan to invest in real estate, South Nashik is emerging as a popular real estate market. Localities in Southern Nashik has seen growing interest from investors due to their proximity to the newly completed Mumbai-Nashik expressway.For Mumbaikars who plan to invest in real estate, South Nashik is emerging as a popular real estate market. Localities in Southern Nashik has seen growing interest from investors due to their proximity to the newly completed Mumbai-Nashik expressway.
My comments to replies
For Mumbaikars who plan to invest in real estate, South Nashik is emerging as a popular real estate market. Localities in Southern Nashik has seen growing interest from investors due to their proximity to the newly completed Mumbai-Nashik expressway.
I agree with Rakshit. All these advantages not only make Nashik an attractive investment destination for Mumbaikars, but also the locals. Nashik residents who are working in Mumbai are also buying properties here especially in Pathardi, as it is on the outskirts of Nashik and closer to Mumbai.
26th September 2013

Q: Hey, is it true that the Maharashtra govt. has plans to increase stamp duty on property transactions in the Mumbai Metropolitan Region?
My comments to replies
Yes my friend, the govt. plans to hike stamp duty on property transactions in the MMR by another 1%.This is what the recent news speaks...
Is this only going to be in Mumbai or all over Maharashtra?
17th October 2013

My replies to this discussion
The price of a 2 bhk in Jalvayu Vihar Phase 2 and Phase 3 will be in between Rs 50 lakhs to Rs 60 lakhs approximately.The price of a 2 bhk in Jalvayu Vihar Phase 2 and Phase 3 will be in between Rs 50 lakhs to Rs 60 lakhs approximately.
Q: I hear that the govt. has planned to let developers raise up to $1 billion, is it true?

My replies to this discussion
I agree, this has resulted in a colossal deficit of homes in the Economically Weaker Section and the Lower Income Group. Reports say that India has a dearth of 18.78 million residing units, 96 per cent of it in the EWS and LIG segments.I agree, this has resulted in a colossal deficit of homes in the Economically Weaker Section and the Lower Income Group. Reports say that India has a dearth of 18.78 million residing units, 96 per cent of it in the EWS and LIG segments.
Q: I hear that the MHADAs plans for luxury flats have been delayed, what happened?

My replies to this discussion
That is sad, so people who have been staying there for so many years will have to shift out. However, as long as they are promised proper accommodation in other colonies, it should be ok. But this we will only have to wait and watch.That is sad, so people who have been staying there for so many years will have to shift out. However, as long as they are promised proper accommodation in other colonies, it should be ok. But this we will only have to wait and watch.
Q: How is the real estate market doing this festival season?

My comments to replies
What is the status of new projects during this festival season?
According to market experts, the festival season of October and November this year will see a fall in new project launches by 24% in the western region, 9% in the northern region and 2% in the southern region compared to last year.
21st October 2013

Q: Hi, now a days, a lot of developers are concentrating on the fact that, amenities should be world class. Even home buyers are also concentration on that particular fact.. kindly discuss this new trend.
My replies to this discussion
What is the price range of projects that have world class amenities in proper location.?What is the price range of projects that have world class amenities in proper location.?
Q: Which are the key infrastructure projects the government is planning to discuss?

My replies to this discussion
I read somewhere that Out of the four projects being considered for serious discussion, the Worli-Haji Ali sea link is the most controversial one. The contract was awarded to Reliance Infrastructure Ltd last year. However, the contractor had announced that it would exit the project citing differences with MSRDC. A mediator was assigned to resolve this dispute. The mediator had slammed the government for changing the terms and conditions after MSRDC awarded the contract, and hence breached its contract with Reliance Infrastructure. The mediator had indirectly implied that the firm was not liable to pay any penalty for exiting the contract.I read somewhere that Out of the four projects being considered for serious discussion, the Worli-Haji Ali sea link is the most controversial one. The contract was awarded to Reliance Infrastructure Ltd last year. However, the contractor had announced that it would exit the project citing differences with MSRDC. A mediator was assigned to resolve this dispute. The mediator had slammed the government for changing the terms and conditions after MSRDC awarded the contract, and hence breached its contract with Reliance Infrastructure. The mediator had indirectly implied that the firm was not liable to pay any penalty for exiting the contract.
Q: I need a 3BHk flat for sale in this project. If you have please contact me Thank you
My replies to this discussion
Hey Sam, Only 2bhk apartments are available for sale in Lodha Fiorenza, if you are interested you can check the availability hereHey Sam, Only 2bhk apartments are available for sale in Lodha Fiorenza, if you are interested you can check the availability here
Q: I am looking out for a project with a swimming pool and kids play area.

My comments to replies
Hi Akansha! Try checking out The Era in Kandivali East or Gaurav Discovery in Malad West. Both project are by the Ravi Group. They offer all the amenities you are asking for. We have booked one in Gaurav Discovery and they are giving real good amenities. The quality of flooring is excellent and the electrical fitting are also good. Bathrooms are neatly done. I have two sons; both are excited about the swimming pool and play area available in the project. I particularly liked the layout of the flat which gives you ample sunlight, while my husband was happy with the fitness center. So, there is something for everyone in the family. You can try reading some Ravi Group Reviews and connect with other people with their share of experiences with this builder.
How many bedroom flat are you looking for and what is your budget?
15th November 2013

Q: Hi I am looking for long term investment in Mumbai. Which area will be a good option for long term investment?

My comments to replies
How is the connectivity and accessibility to other parts of Mumbai?
There has been active expansion of IT/ITeS-BPO sectors in South Mumbai, especially in Lower Parel and its surrounding areas such as Prabhadevi. This has introduced the concept of walk-to-work concept to the area. It is also at a distance of about 15 minutes from Bandra-Kurla Complex (BKC), 20 minutes from Nariman Point and 20 minutes from the Mumbai International Airport.
20th November 2013

Q: Is it the time time to buy a property in Mumbai? Experts please post your valuable comments

My comments to replies
I am shifting to Mumbai in January and planning to buy a house.Is it a good time to buy a house in Mumbai now?
The city is expected to see an additional demand of about 2,25,000 housing units in the mid and high-end segment in the next 5 years and the supply will be nearly 214,000 units. Of the total demand in these segments, a majority will be in the mid-range housing segment. Though Mumbai will see large supply in 2014 and 2015, most will be in the high income group (HIG) category. The mid-range housing segment will remain unserviced.
29th November 2013

Q: How is the project? Please provide me some of the details about the project.

My replies to this discussion
Canopy Crest is a mixed use high rise development located at Kogilu, off Bellary / New Airport Road, the fastest growing residential hub, in North Bangalore. The project has a good mix of 2, 2.5 & 3 BHK units, totaling 268 units & 40,000 sqft of commercial / retail space.Canopy Crest is a mixed use high rise development located at Kogilu, off Bellary / New Airport Road, the fastest growing residential hub, in North Bangalore. The project has a good mix of 2, 2.5 & 3 BHK units, totaling 268 units & 40,000 sqft of commercial / retail space.
Q: What is the reason that the Mumbaikars are opting for second homes?

My comments to replies
A weekend getaway in the beautiful and scenic spots such as Western Ghats is something many Mumbaikars opt for. However, these scenic places have now become more than a weekend getaway option as they provide a huge variety of housing options. Due to these options, more Mumbaikars opt for second homes in these places.
There are multiple reasons why these places are popular choices for second homes. Firstly, they have a good climate which is different from the polluted city environment. Secondly, they are just a few hours’ drive from Mumbai’s city limits. Then there are people who look at these places from the perspective of post-retirement homes. Second homes can also be seen as a lifestyle statement by many people. Connectivity is a major factor that has made these places attractive options. For example, the Mumbai-Pune expressway and other highways provide good connectivity and reduce travel time to locations such as Khandala, Lonavala, Kashid, Alibaug, etc
17th December 2013

How is the real estate investment opportunities for second homes?
Second homes provide real estate investment opportunities, either for long term capital appreciation or regular rental income. Property prices in these locations see constant appreciation. Prices have increased by 10-15 times in the past 4-5 years in these locations. Good connectivity, demand for ambient climatic conditions and desire to unwind in the nature are the primary factors which have led to price appreciation. Access to amenities such as stores and hospitals too drive demand as well as price appreciation for these houses.
17th December 2013

Q: Is it mandatory for the developers in Mumbai have to keep open recreational spaces?
My comments to replies
Hi everyone, Many new building projects proposed in Mumbai have been stuck over the past three months. Mumbai’s municipal commissioner Sitaram Kunte has been rejecting all these projects as the buildings proposed do not meet the specifications of open space ordered by a recent Supreme Court ruling.
Hi Sunil, And it is heard that the BMC chief's office receives about 500-700 building projects in a year and the civic body earns over Rs 1500 crore by charging builders a variety of premiums, including those for compensatory floor space index (FSI).
9th September 2014
@Sunil, But builders say it is a challenge for them to provide recreational facilities at ground level while keeping the project commercially workable. They can't provide all the recreational space at ground level as there is an increasing need for parking space in the city.
12th September 2014

This ruling is applicable only to Mumbai or also to Thane & Navi Mumbai ?
@Ankit, As per the apex court’s order, it is now binding on developers to keep six metres of passage around a proposed building and maintain 15 to 25% of open-to-sky space at ground level against the total size mentioned in a plan.
27th August 2014
It is supreme court Judgement so it applies Thane & Navi Mumbai as well. These developers will have to modify their building plans as per new rules for submission to the BMC.
12th September 2014

My replies to this discussion
Hi Lalit, Seeing the current real estate scenario, looks like it is a good idea to book a flat as the prices will soar in future. Orchid Ozone offers hosts of amenities like landscape garden, community hall, Wifi connectivity, temple, tennis court, club house, tennis court, multiclass gym and much more. Almost all major banks and financial institutions have loan approvals for this project.Hi Lalit, Seeing the current real estate scenario, looks like it is a good idea to book a flat as the prices will soar in future. Orchid Ozone offers hosts of amenities like landscape garden, community hall, Wifi connectivity, temple, tennis court, club house, tennis court, multiclass gym and much more. Almost all major banks and financial institutions have loan approvals for this project.
My replies to this discussion
The project is any way delayed by may be one year and the expected possession date of the project was by end of this year. What is the status of the project now?The project is any way delayed by may be one year and the expected possession date of the project was by end of this year. What is the status of the project now?
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.

My replies to this discussion
Hi Vineet, Since you are looking for some good projects, would you be intrested in going for ready to move in or ready to occupy projects in Thane East as there are many projects that are located in Thane East. And also what is your budget and requiremntsHi Vineet, Since you are looking for some good projects, would you be intrested in going for ready to move in or ready to occupy projects in Thane East as there are many projects that are located in Thane East. And also what is your budget and requiremnts
Q: I booked flat in neptune swaraj in Oct 2011, but still registration is not done

My replies to this discussion
Hello, It is illlegal to occupy the property without registering the property. Push the builder and get the transaction done at the earliest. Also at the same time consult a legal advisor regarding this matter.Hello, It is illlegal to occupy the property without registering the property. Push the builder and get the transaction done at the earliest. Also at the same time consult a legal advisor regarding this matter.
Q: I want to purchase a 2-3 BHK property in Kharghar. Budget 1Cr. What about Tricity Pristine? Is the project running on time or it is running late? What is the possassion schedule?

My replies to this discussion
Hi Shri, Kharghar is turning out to be one of the hot property destination where many builders have already launched their projects successfully and builders are coming up with their upcoming projects. Vashi has reached a saturation point where there is not much scope for land getting appreciated. On the other hand Kharghar is an excellent choice for booking a property as rates are quite competitive. Since the demand is more for flats in Kharghar, many prime builders are coming up with posh 2 & 3 BHK units. As there is wider scope for appreciation with regard to land value, I suggest investing in a property in Kharghar makes more sense than investing in Vashi or some other locality.Hi Shri, Kharghar is turning out to be one of the hot property destination where many builders have already launched their projects successfully and builders are coming up with their upcoming projects. Vashi has reached a saturation point where there is not much scope for land getting appreciated. On the other hand Kharghar is an excellent choice for booking a property as rates are quite competitive. Since the demand is more for flats in Kharghar, many prime builders are coming up with posh 2 & 3 BHK units. As there is wider scope for appreciation with regard to land value, I suggest investing in a property in Kharghar makes more sense than investing in Vashi or some other locality.
Q: For more listings on flats for sale in Mira Road you can catch the link

My replies to this discussion
I am looking to buy a property in Mira Road. Can anybody let me know how is the locality to reside?? Any new infrastructure developments taking place in this area? Do provide information as I am new to the city.I am looking to buy a property in Mira Road. Can anybody let me know how is the locality to reside?? Any new infrastructure developments taking place in this area? Do provide information as I am new to the city.
My replies to this discussion
Hi, Heard that apart from 2.5 BHK, you also get flats ranging from 2,3 and 4 BHK in Emerald Isle. Emerald Isle is located in posh locality of Powai near to L&T Infotech facing the Powai lake. The project is easily accessible to places like Kanjurmarg, Marol, Ghatkopar and Andheri.Hi, Heard that apart from 2.5 BHK, you also get flats ranging from 2,3 and 4 BHK in Emerald Isle. Emerald Isle is located in posh locality of Powai near to L&T Infotech facing the Powai lake. The project is easily accessible to places like Kanjurmarg, Marol, Ghatkopar and Andheri.
My replies to this discussion
Hi Sri, The slum has been cleared by the local authorities and the area is going for re-development. The people staying in the slum have been moved to some other locality.Hi Sri, The slum has been cleared by the local authorities and the area is going for re-development. The people staying in the slum have been moved to some other locality.
Q: I am planning to invest in Ghodbunder Road. Can anyone help me out with the price trends in Ghodbunder Road? How is the locality for investment purpose?

My comments to replies
Ghodbunder Road is one of the fastest growing areas in Thane and the Mumbai Metropolitan Region (MMR). While it is a popular locality for property investments as well as home buying due to its lower property values, there is no dearth of luxury projects in the area.
The area can be considered a high returns locality in MMR from the point of property investments due to its comparitively lower property prices as well as its appreciation potential. The capital values in the region are in the range of Rs 7,700-9,500 per sq. ft, depending on the infrastructure and proximity to different areas in Mumbai.
23rd September 2014

Q: Can somebody furnish me the status of Saaga Janka Devi.
My replies to this discussion
Heard that there is a slum where the project is being located as a result will the approach to the project will get hindered. What about the connectivity and infrastructure available. Need your guidance pertaining to this.Heard that there is a slum where the project is being located as a result will the approach to the project will get hindered. What about the connectivity and infrastructure available. Need your guidance pertaining to this.
My replies to this discussion
I am planning to buy a 2 BHK flat in Dombivali. Can anybody guide me which are the properties available in this locality for sale. My budget is in range of 30 to 40 lakhs. How is the locality for living ???I am planning to buy a 2 BHK flat in Dombivali. Can anybody guide me which are the properties available in this locality for sale. My budget is in range of 30 to 40 lakhs. How is the locality for living ???
hey Ashish, actually I am looking for 2 BHK flat in Dombivali East.hey Ashish, actually I am looking for 2 BHK flat in Dombivali East.
My replies to this discussion
Thank you so much for the updates given Mr Shri about the builder. Just want to know where is the exact location of the project and its connectivity as I am keen in booking a flat in Prayag Gurudarshan.Thank you so much for the updates given Mr Shri about the builder. Just want to know where is the exact location of the project and its connectivity as I am keen in booking a flat in Prayag Gurudarshan.
Q: Would like to know which locality is best to invest in property in Thane west
My replies to this discussion
Hi all, Want to know how good is the civic amenities in this locality. What about the price trend the area is witnessing and will there be any scope for price appreciation as I have plan of booking a flat at Square Feet Ace Square.Hi all, Want to know how good is the civic amenities in this locality. What about the price trend the area is witnessing and will there be any scope for price appreciation as I have plan of booking a flat at Square Feet Ace Square.
Q: Will anybody tell me what is the status of Sri Tirupati Marigold???
My replies to this discussion
Hi Sankalp, Shree Tirupati Marigold offers world class amenities for luxurious living such as # Swimming pool # Wifi connectivity # club house # play area # 24 hr power backup The project is strategically located at prime location with easy access to Eastern Express Highway and Western Express Highway. It is also very close to Thane station, Hiranandani hospital, Mcdonalds, BigMart, Hypercity Mall etc. The project is being approved by TMC. Tirupati Group has a very good track record in real estate industry. They have launched many projects successfully and are also coming up with several upcoming projects across Mumbai.Hi Sankalp, Shree Tirupati Marigold offers world class amenities for luxurious living such as # Swimming pool # Wifi connectivity # club house # play area # 24 hr power backup The project is strategically located at prime location with easy access to Eastern Express Highway and Western Express Highway. It is also very close to Thane station, Hiranandani hospital, Mcdonalds, BigMart, Hypercity Mall etc. The project is being approved by TMC. Tirupati Group has a very good track record in real estate industry. They have launched many projects successfully and are also coming up with several upcoming projects across Mumbai.
Q: Can somebody mention how are the builders Rustomjee Developers review in general.

My replies to this discussion
Mr Ramesh, Glad to know that you are planning to buy a 2 BHK flat in Rustomjee Urbania. Heard that they are charging Rs. 93 lakhs for flat having an area of 590 sqft. If you are looking at bigger area, then you may have to shell out 1.30 crore for flat measuring 1210 sqft. It is upto you to decide since you have to make up the mind and arrive at a decision. Rustomjee Urbania is located in heart of Thane city close to Eastern Express Highway and just 10 minutes from Thane station. It is also near to Mumbai-Pune Expressway and has all the facilities like schools, colleges, markets, banks within a radius of 3 kms.Mr Ramesh, Glad to know that you are planning to buy a 2 BHK flat in Rustomjee Urbania. Heard that they are charging Rs. 93 lakhs for flat having an area of 590 sqft. If you are looking at bigger area, then you may have to shell out 1.30 crore for flat measuring 1210 sqft. It is upto you to decide since you have to make up the mind and arrive at a decision. Rustomjee Urbania is located in heart of Thane city close to Eastern Express Highway and just 10 minutes from Thane station. It is also near to Mumbai-Pune Expressway and has all the facilities like schools, colleges, markets, banks within a radius of 3 kms.
Q: When is the possession date of Hubtown Greenwoods???

My comments to replies
Hubtown Greenwoods has totally 8 blocks and consists of 1,2, and 3 BHK units. The price for 1 BHK is Rs.64 lakh, 2 BHK comes to about Rs.84 lakhs and 3 BHK costs Rs. 1.04 crore. Actually they are quoting Rs 10500 per sqft.
Yes even one of my close relative have booked a 2 BHK flat in Hubtown Greenwoods 1 year back.
23rd January 2014

Q: I have booked a 1 BHk flat in Siddhi Highland Crest and want to know the current status. Have anybody booked a similar flat. Do let me know??

My replies to this discussion
Hello, Siddhi Highland Crest is one of the ongoing residential projects developed by Siddhi Group of builders. Heard that the possession will take 1 year to complete ie by Dec 2015 as I too have booked a 2 BHk flat in this project.Hello, Siddhi Highland Crest is one of the ongoing residential projects developed by Siddhi Group of builders. Heard that the possession will take 1 year to complete ie by Dec 2015 as I too have booked a 2 BHk flat in this project.
Siddhi Highland Crest is located in heart of Thane city with easy accessibility from Eastern Express Highway. Thane station is approx 4 kms and the project is at close proximity to schools, malls, markets and banks which are just 3 kms radius. Yeah the locality comes under TMC as prior to it was under MHADA.Siddhi Highland Crest is located in heart of Thane city with easy accessibility from Eastern Express Highway. Thane station is approx 4 kms and the project is at close proximity to schools, malls, markets and banks which are just 3 kms radius. Yeah the locality comes under TMC as prior to it was under MHADA.
Q: I have booked a 2 BHK property in Akansha Milan Hills but still not got the possession. What is the current status of this project???

My replies to this discussion
What are the specifications provided in Akansha Milan Hills??? Is the locality where the project is located is developing or underdeveloped as I am planning to book a property .What are the specifications provided in Akansha Milan Hills??? Is the locality where the project is located is developing or underdeveloped as I am planning to book a property .
Q: Want to know the current status of the Akansha Rain Poineer Velvet??? Is anybody on same ship???

My replies to this discussion
Hi Sunil, Akansha Rain Poineer Velvet has 1 BHK and 2 BHK having 25 floors. The price for 1 BHK range from 53 lakh for area measuring 630 sqft and goes upto Rs. 63 lakh for area measuring 740 sqft. 2 BHK's come with a price tag ranging from 72 lakh onwards and goes upto Rs. 97 lakhs for area measuring 1140 sqft. The project is well located in popular residential development of Thane west, neighborhood of Mumbai. It is well linked by highways, Expressways. Thane station is just 4 kms from project site and buses, autos are easily available to reach the site.Hi Sunil, Akansha Rain Poineer Velvet has 1 BHK and 2 BHK having 25 floors. The price for 1 BHK range from 53 lakh for area measuring 630 sqft and goes upto Rs. 63 lakh for area measuring 740 sqft. 2 BHK's come with a price tag ranging from 72 lakh onwards and goes upto Rs. 97 lakhs for area measuring 1140 sqft. The project is well located in popular residential development of Thane west, neighborhood of Mumbai. It is well linked by highways, Expressways. Thane station is just 4 kms from project site and buses, autos are easily available to reach the site.
Hello Everybody, I am looking for a investing in a property in Thane west but not sure about the upcoming localities. Can anybody guide where to invest since I dont have much knowledge about the area. Your valuable suggestion will be off great help to me.Hello Everybody, I am looking for a investing in a property in Thane west but not sure about the upcoming localities. Can anybody guide where to invest since I dont have much knowledge about the area. Your valuable suggestion will be off great help to me.
Q: Came to know that CIDCO made a huge money of Rs 260 crore in bidding its city plots???

My replies to this discussion
Yes Mr Lalit, I too read that CIDCO has made a huge revenue by selling its residential and commercial plots in Khargar and Ulwe for huge amounts. Even though the reserve price were low, bidding started on a higher note. Even though the real estate prices has taken a back beat in recent times in New Mumbai, the builders took the auction on a higher note. Though some of the areas are still in the developing stage and yet to be developed, the rates quoted were very exorbitant despite facing liquidity crunch and sluggish market.Yes Mr Lalit, I too read that CIDCO has made a huge revenue by selling its residential and commercial plots in Khargar and Ulwe for huge amounts. Even though the reserve price were low, bidding started on a higher note. Even though the real estate prices has taken a back beat in recent times in New Mumbai, the builders took the auction on a higher note. Though some of the areas are still in the developing stage and yet to be developed, the rates quoted were very exorbitant despite facing liquidity crunch and sluggish market.
Q: Can somebody share some details about Lodha Splendora like units available, rate, possession???

My replies to this discussion
The connectivity is good as I have taken a possession in Phase 1 in Lodha Splendora. The project is located at a distance of approx 10 kms from Eastern Express Highway and about 12 kms from Thane station. There are quite no of reputed schools, colleges, hotels, malls, supermarkets near to the project.The connectivity is good as I have taken a possession in Phase 1 in Lodha Splendora. The project is located at a distance of approx 10 kms from Eastern Express Highway and about 12 kms from Thane station. There are quite no of reputed schools, colleges, hotels, malls, supermarkets near to the project.
My replies to this discussion
Hey All, Once this road gets completed, I think It will reduce the amount of travelling time it takes from Pune to Thane at present. I think one can save atleast 25 to 30 minutes of time.Hey All, Once this road gets completed, I think It will reduce the amount of travelling time it takes from Pune to Thane at present. I think one can save atleast 25 to 30 minutes of time.
My replies to this discussion
Thanks for updates Shantanu, Would like to know what are the amenities provided and what is rate they are charging per sqft?? How is the locality for living in general?? I want to book a property in this locality shortly.Thanks for updates Shantanu, Would like to know what are the amenities provided and what is rate they are charging per sqft?? How is the locality for living in general?? I want to book a property in this locality shortly.
Q: Planning to book a 2 BHK flat in SD Bhalerao. Has the project taken off??

My replies to this discussion
Hi Arup, The project is likely to start from first week of Feb and will take 2 years time to get completed. The possession is likely by Dec 2016.Hi Arup, The project is likely to start from first week of Feb and will take 2 years time to get completed. The possession is likely by Dec 2016.
Q: Cheers!!!! Hey it seems that Indian Retail and Real Estate have jumped to 78% in recent times.
My replies to this discussion
Hi Sandeep, Yeah even I too came across that Indian Real Estate Industry and Indian Retail have posted a 78% jump in the previous year ending 2013. With Govt encouraging FDI, it has boosted the retail market to a great extent. Though most of the growth took place in Tier 2 cities, metro city like Mumbai and NCR region also showed a positive trend.Hi Sandeep, Yeah even I too came across that Indian Real Estate Industry and Indian Retail have posted a 78% jump in the previous year ending 2013. With Govt encouraging FDI, it has boosted the retail market to a great extent. Though most of the growth took place in Tier 2 cities, metro city like Mumbai and NCR region also showed a positive trend.
Q: I am planning to invest in a property in Patlipada?? Whats the future prospects of this locality. Do need your advice???
My replies to this discussion
Hi Shantanu, What kind of property are you looking to invest in Patlipada?? Are you looking to invest in independent house, villas, flats penthouses???Hi Shantanu, What kind of property are you looking to invest in Patlipada?? Are you looking to invest in independent house, villas, flats penthouses???
Q: Great News!!!! Mumbai real estate market recovers well after a slump!!!!

My replies to this discussion
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.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.
My comments to replies
Hello Kishore, Virat Residency is situated in Kalyan west having 4 blocks of 8 floors each. They have 1 and 2 BHK flats having an area of 620 sqft to 800 sqft. The rate for 1 BHK comes to around Rs. 22 lakhs onwards and 2 BHK costs about 28 lakhs. They are charging Rs. 3500 per sqft as current rate. The builder is providing good amenities like garden, play area, jogging track, full time security, intercom and club house.
Hi Anuj, They are also providing specifications like Granite Kitchen platform with SS sink, Vitrified Tiles (2x2’) Flooring in Living Room, Kitchen and Bedroom, Concealed plumbing with Standard fittings and fixtures, Wooden Flush Doors for main door and kitchen and Bakelite Waterproof doors for bath and W/C and French windows.
30th January 2014

Q: I would like to buy a second home for weekend getaways and also from investment point of view?? Any places around Mumbai???
My replies to this discussion
Hi Shri, Happy to learn that you are planning to buy a second home around Mumbai for weekend getaways and also to accommodate additional guests.. But you have not mentioned about the budget you are looking at??? You will find many second homes in places like Igatapuri, Lonavala, Khandala, Mahabaleshwar with a price tag ranging from 1 crore to 5 crores. Having an asset in form of second home will further mean long time financial security. In addition, appreciation in capital values can result in a significant corpus via sale of the asset, if and when needed.Hi Shri, Happy to learn that you are planning to buy a second home around Mumbai for weekend getaways and also to accommodate additional guests.. But you have not mentioned about the budget you are looking at??? You will find many second homes in places like Igatapuri, Lonavala, Khandala, Mahabaleshwar with a price tag ranging from 1 crore to 5 crores. Having an asset in form of second home will further mean long time financial security. In addition, appreciation in capital values can result in a significant corpus via sale of the asset, if and when needed.
Q: Looking for investing in a property in Vartak Nagar?? How good is the locality for investment purpose?? Do suggest??

My comments to replies
Hi Ashish, Vartak Nagar is emerging as one of the fast growing locality in Thane west in recent times. As the locality is mostly dominated by middle income and upper middle income group, many builders are coming up with several housing projects that will suit individual needs and requirements. The locality is environment friendly like good drainage system, wide roads, efficient street lighting and good neighborhood.
Yes off course the details provided are very much true. Vartak Nagar is also good from hygeine and safety aspects. The locality is well connected by buses and local trains. Some good localities like Majiwada, Ghodbunder Road and Patlipada are also close to Vartak Nagar. It is also at a close vicinity from Eastern Expressway Highway and Thane station.
30th January 2014

Q: hello Mr Harshad Khona.. need to talk regarding hdil whispering woods..??? when will the project actually get over//...??

My replies to this discussion
Wdala, Bandra, Chembur, Mulund, Kanjurmarg, Ghodbunder Road, Thane, Kopar Khairane, Navi Mumbai are the localities where the residential demands are huge. Several infrastructure initiatives are adding value to this location. These include the proposed international airport in Navi Mumbai and infrastructure projects such as the Kopar Khairane-Vikhroli Link Bridge and Sion-Panvel Expressway, and the proposed metro line which will connect the eastern suburbs of Navi Mumbai.Wdala, Bandra, Chembur, Mulund, Kanjurmarg, Ghodbunder Road, Thane, Kopar Khairane, Navi Mumbai are the localities where the residential demands are huge. Several infrastructure initiatives are adding value to this location. These include the proposed international airport in Navi Mumbai and infrastructure projects such as the Kopar Khairane-Vikhroli Link Bridge and Sion-Panvel Expressway, and the proposed metro line which will connect the eastern suburbs of Navi Mumbai.
My comments to replies
Hi Ravi, I recently booked a 2 BHK flat in Whispering Woods. There are 2 & 3 BHK units available in Whispering Woods. The area for 2 BHK range from 1185 sqft onwards to 1200 sqft and it costs Rs. 1.36 crore onwards. 3 BHK have an area ranging from 1460 sqft to 1480 sqft and costs approx 1.67 crore. The amenities include garden, swimming pool, club house, intercom, security, 100% power backup and includes community hall as well as multi purpose gym with latest equipment's.
Hi Suresh, Heard that apart from offering delightful amenities, the flats are 100% vasthu complaint. Each flat has superior flooring quality, Granite kitchen platform with stainless steel sink, full height ceramic tiles, Good quality electrical fittings, concealed copper wiring with adequate light & power points, Anodized aluminum sliding French windows, sound proof windows, and concealed wiring. Many leading banks like HDFC, LIC Housing Finance, SBI, PNB, ICICI Bank, IDBI and Bank of Maharashtra have approved for loans for the project.
3rd February 2014

Wow!!! Looks like the amenities are too good. Hey what about the locality and connectivity to this project. But looks like the prices are quite high. Can I have suggestions regarding this project???
Dear Sandeep, Whispering Woods is located in heart of Mulund with good connectivity via bus and local trains. Many state run buses pass through this area at frequent intervals. Mulund station is just 15 minutes away from Whispering Woods. It is also near to Eastern Express Highway which is a major advantage of this project.As far the prices are concerned, if you want to look at comfort and lovely amenities, then go for this project or else you can also find many flats in lower budget in Mulund west as per your requirements.
3rd February 2014

Q: is there any kind of issue or i bluff with builder.pls suggest me what should i do

My replies to this discussion
Hmmmm..... Well thanks for the updates Mr Praveen. Is the flats still available for sale and what are the units available and the price. ???Hmmmm..... Well thanks for the updates Mr Praveen. Is the flats still available for sale and what are the units available and the price. ???
Q: I have apartment in Bldg 8. They are saying they will give possession in 2014 End. Is it possible or fake promises?

My replies to this discussion
Hi, Can somebody let me know which is the best locality to invest in a property in Mumbai north. ie Mira Road, Dahisar or Byander ???Hi, Can somebody let me know which is the best locality to invest in a property in Mumbai north. ie Mira Road, Dahisar or Byander ???
Q: Want to know the progress of Raunak Unnathi Woods??
My replies to this discussion
Hi Vineet, Spoke with one of the marketing executive and got the details like construction work is going on in full swing and possession will be by Dec 2016.Hi Vineet, Spoke with one of the marketing executive and got the details like construction work is going on in full swing and possession will be by Dec 2016.
Q: Hello friends! wish to buy SUmukh hills flat (Yogsiddhi Developers). However, there are following few concerns. 1. Has developer successfully handed over possessions of past projects like Shree Sumukh Darshan. 2. Is Sumukh hills project aprroved & documents cleared?

My comments to replies
Hi Shri, Sumukh Hills in one of the ongoing residential projects undertaken by Shree Riddhi Siddhi Ventures coming up in Kandivili west. The apartments have 4 blocks consisting of 23 floors each and has 1 & 2 BHK units. They are charging Rs. 11200 per sqft. 1 BHK have an area of 700 sqft and price starts from Rs. 72 lakhs onwards. 2 BHK have an area ranging from 865 sqft to 935 sqft and price starts from Rs. 96.88 lakh onwards.
Hi, They are also offering some world class amenities such as garden, club house, LED lights in common utility areas, solar power water heating, Rain Water Harvesting, Fire Extinguishers and community hall. The project has wonderfull connectivity and infrastructure facility. The apartments are bound by lush green surroundings. Being near to Western Express Highway commuting from this project is a very much convenient. weather you are heading down town, or towards western suburbs. The location is ideal for a congestion free commute. The flats are also in near vicinity to shopping areas,entertainment hubs, restaurants, eating joints and hot-spots, education institutions and medical centers all being at close quarters.
5th February 2014

Q: Booked a 2 BHK flat in Saaga Om Sai. When it will be ready to occupy???

My comments to replies
Hi, Just planning to book a flat in this project. Would like to know when was this project launched and what is the current rate per sqft?? Heard that there is some water problem in the locality?
Hi Deeps, The project was launched 1 year back and the prevailing price is Rs. 8100 per sqft. Right now there is no water shortage or water problem, as the project has sufficient borewater to meet the residence requirements. Though they have muncipal water connection too, provided they have 2 huge borewells to meet the daily requirements.
4th February 2014

Q: When will be the project ready for possession??
My replies to this discussion
Hi Bikram, What are the units available in Rustomjee Azziano and the price?? Which banks are providing loans for this project as I am looking to buy a flat in this project.Hi Bikram, What are the units available in Rustomjee Azziano and the price?? Which banks are providing loans for this project as I am looking to buy a flat in this project.
Q: Can somebody let me know what is the current status of Basil Residency??

My comments to replies
Thanks Ravi for the latest updates provided about Basil Residency. May I know what is the price for 1 BHK flat in Basil Residency? What is the rate per sqft and connectivity?? Your suggestions are most welcome.
Hello Deepankar, Actually 1 BHK are priced at Rs 92 lakhs including registration and taxes + stamp duty. The rate per sqft they are quoting Rs. 12500 at present. Got to know that the project was initialized 3 months back.
4th February 2014

Q: Tilak Nagar has overall 18 residential buildings having no occupation certificate.

My replies to this discussion
Hi, Did u hear that 18 societies have redeveloped after 2007 under Development Control act. Amazing to know that these residents are residing without occupation certificate.Hi, Did u hear that 18 societies have redeveloped after 2007 under Development Control act. Amazing to know that these residents are residing without occupation certificate.
Q: I have bought a flat in Navi Mumbai and waiting for pocession since more than 1 year. The builder is not providing a clear picture of the OC status. Hence I wanted to check if there is a way to get the clear status from the NMMC

My replies to this discussion
Hi Varun, Did you ask the builder for the possession? I think the project is ready-to-move and owners are getting their flats possession. Go and check the current status of your tower.Hi Varun, Did you ask the builder for the possession? I think the project is ready-to-move and owners are getting their flats possession. Go and check the current status of your tower.
Q: Can anybody intimate me the possession date of Unique Greens???
My comments to replies
Hi Kishore, The builder has promised that he will give the possession by mid 2016. Unique Greens has 3 blocks consisting of 17 floors. Work is underway.
Hello All, Came to know that Unique Greens has 1 and 2 BHK units located in prime location at Ghodbunder Road. Also the flats are reasonably priced and mainly targeted the middle income group.
6th February 2014

Q: When is the possession for Tropical Lagoon?? Has anybody booked a flat in this project??
My replies to this discussion
Thanks Kishore for the details. What are the flats available in Tropical Lagoon and the rate of the units. What amenities the builder if offering to the customes. ??? Does the project have good connectivity?? Let me know.Thanks Kishore for the details. What are the flats available in Tropical Lagoon and the rate of the units. What amenities the builder if offering to the customes. ??? Does the project have good connectivity?? Let me know.
Q: What is the status of Gala Pride Enclave?? Has anybody booked a flat in this project??

My replies to this discussion
Hi All, I want to know that if I purchase a property in Thane west, which locality is best to invest whether Ghodbunder Road, Majiwada or Kolshet Road. What appreciation can I expect in few years time.Hi All, I want to know that if I purchase a property in Thane west, which locality is best to invest whether Ghodbunder Road, Majiwada or Kolshet Road. What appreciation can I expect in few years time.
Hello Shantanu, Want to know in Thane west how do I choose between different locations when price and connectivity remain the same. What factors can lead to a long-term increase in values? Kindly do clarify.Hello Shantanu, Want to know in Thane west how do I choose between different locations when price and connectivity remain the same. What factors can lead to a long-term increase in values? Kindly do clarify.
Q: We had booked a flat in C Wing Prity Park in May 2010...from March 11, the construction is stopped completely..no construction for the last 3 yrs...paying full EMI + Rent (for the present flat)...too much under emotional and financial burden...Builder doesnt even care to meet us and give a proper reply...every time they say "work gonna start in a months time"....is there any other buyer like us on the same boat? kindly reply...

My comments to replies
@Deepankar....we had visited their Head Office a number of times, in the last 3 yrs....only once we were allowed to meet the builder....all the rest of times, after waiting for hours to meet him, we were told either he is too busy in meetings or he shall call us back....sadly, we never received any calls from the builder....
Hello, If that is the case then, ask the builder to return the money deposited along with the interest for delaying the things or else tell him that stern action will be taken against him. After all its your hard earned money what you have put in this project.
11th February 2014

Q: hello.. i heard that the real estate in india has a very shaky future..please discuss.

My replies to this discussion
yeah even in mumbai there is a huge demand but exorbitant prices makes property unaffordable for most buyers.The price level here is way above the average price level of India.So mumbai is considered an unproductive arena and the funds inflow reduced considerably..yeah even in mumbai there is a huge demand but exorbitant prices makes property unaffordable for most buyers.The price level here is way above the average price level of India.So mumbai is considered an unproductive arena and the funds inflow reduced considerably..
Q: Can anybody let me know what are the flats available in Sapta Shree Heights??
My replies to this discussion
Mr Suresh, This is in fact, the best time to buy property in Dhokali Naka and you should not wait for the price correction as you will get the best choices. As the prices of the apartments are stable and have not gone up, the time is ideal for buying a property. You can buy the property and sell the same in future time whenever there is good appreciation taking place in real estate market.Mr Suresh, This is in fact, the best time to buy property in Dhokali Naka and you should not wait for the price correction as you will get the best choices. As the prices of the apartments are stable and have not gone up, the time is ideal for buying a property. You can buy the property and sell the same in future time whenever there is good appreciation taking place in real estate market.
Q: When is the completion of this project??

My replies to this discussion
Yes the project has been duly approved by TMC and comes under TMC limits. Got in touch with executive and mentioned that the apartments have sufficient water to cater to the daily requirements. The flats have corporation connection as well as borewater connection which is more than enough to meet the daily requirements. The bores are dug upto a 800 feet below the ground level.Yes the project has been duly approved by TMC and comes under TMC limits. Got in touch with executive and mentioned that the apartments have sufficient water to cater to the daily requirements. The flats have corporation connection as well as borewater connection which is more than enough to meet the daily requirements. The bores are dug upto a 800 feet below the ground level.
Q: What are the hidden charges I should take care of before taking home loan from a bank?

My comments to replies
What is Franking Charges for Home loan in ICICI Bank
Right Chintak, It is a process wherein an authorized Bank/ franking agency puts a stamp on your document indicating that the stamp duty has been paid. Before executing the transaction (of buying a property) i.e. before signing on the document, one can approach an authorized Bank/ franking agency and deposit the required stamp duty at their counter. Once the stamp duty is paid, the authorized officer can Frank with special adhesive Stamp by Franking Machine that is intended for stamping such documents.
24th August 2015

Hi all, My question is do we really need to do Franking for a Sale Agreement & Construction Agreement separately? Only on Sale Agreement is enough or on both the agreements have to do the Franking. What is the procedure for the Franking and Cost related to the same? Who is going to do i.e builder is going to do on purchaser behalf or the purchaser has to bear the expenses of franking?
@Mansoor!!! Now-a-days most of the builders do agreements separately for sale and construction and the same is registered in the respective reg office. The builder will do the franking but purchaser will bear the cost. Cost will be in few thousand rupees only. If you are going for a bank loan then it will be a bit more.
4th September 2015

Hi Guys, As soon as one starts looking out for property to buy a house, banks start offering home loans. For a loan amount up to Rs 30 lakh and the tenure being 15-20 years, the following is on offering. Floating interest rate 10.15%. This rate is being offered by SBI, ICICI Bank, HDFC Bank, HSBC Bank, Axis Bank, PNB Housing Fnance, DHFL, India Bulls, Citi Bank, Tata Capital Housing Finance Ltd. EMI per lakh works out to be Rs 975.
Hi Shaunak, If i take a loan from these banks what will be the processing fee?
24th June 2015

Q: Can somebody let me know what is the possession date of this project??

My replies to this discussion
Hi Arup, I have booked a flat in Phase 1 in Whispering Towers and presently staying in this flat for past 1 year. The infrastructure and connectivity is good with Mulund station hardly 2 kms from here. Moreover the apartments are close to retail establishments like Nirmal Lifestyle, DMart, multiplexes, reputed schools, colleges, hospitals which are all approx 3 kms from Whispering Towers.Hi Arup, I have booked a flat in Phase 1 in Whispering Towers and presently staying in this flat for past 1 year. The infrastructure and connectivity is good with Mulund station hardly 2 kms from here. Moreover the apartments are close to retail establishments like Nirmal Lifestyle, DMart, multiplexes, reputed schools, colleges, hospitals which are all approx 3 kms from Whispering Towers.
Q: May somebody let me know what is the current status of Nirmal Zircon located in Mulund west??

My comments to replies
Hi all, Since I am planning to shift to Mulund west shortly, am looking for a 2 BHK flat in Nirmal Zircon. Are there any good schools located in and around the apartments as I want to admit my daughter in a good school. Presently living in a rented house in Tilak Nagar.
Hi, Well, there are many reputed schools which are located at a radius of approx 3 kms from Nirmal Zircon. There are schools having state board, CBSE and following ICSE curriculum. List of some of the schools present are: #. NES International School #. HK Gidwani Cosmopolitan English School #. JJ Academy High School #. Sharon English High School #. St Marys Convent High School #. St Pauls High School #. Holy Angels High School
13th February 2014

Q: When is the builder giving the possession of Rupji Signature??

My replies to this discussion
Hi Arup, Came to know that the work has already been commenced 6 months back and possession is likely by May 2016. It is a single phase building having 22 floors situated in ACC Road in Mulund west.Hi Arup, Came to know that the work has already been commenced 6 months back and possession is likely by May 2016. It is a single phase building having 22 floors situated in ACC Road in Mulund west.
Q: Will somebody let me know what is the status of Nirmal Omega??

My replies to this discussion
Hi Kishore, Thank you so much for the list provided. In fact mera kaam aur aasaan ban gaya. By the way would like to know what is a studio apartment?? In what way is it different from an apartment??Hi Kishore, Thank you so much for the list provided. In fact mera kaam aur aasaan ban gaya. By the way would like to know what is a studio apartment?? In what way is it different from an apartment??
My replies to this discussion
Hey I want to know how is the locality for residing. Heard that most of the locality is still developing in Nalasopara. Also heard that the area is not that safe as many incidents of theft and murder are being reported in recent times. Do let me know about the status of the locality.Hey I want to know how is the locality for residing. Heard that most of the locality is still developing in Nalasopara. Also heard that the area is not that safe as many incidents of theft and murder are being reported in recent times. Do let me know about the status of the locality.
Q: Can anybody tell me what is the status of Nirmal US Open?? When is the builder giving the possession??
My comments to replies
Hi Shri, Actually construction work is already underway in Nirmal US Open. Got in touch with the marketing executive and came to know that project was launched 5 months back. Nirmal US Open has totally 5 blocks having 46 floors right in the heart of Mulund west. It seems that the final phase ie Block 5 will be ready for possession by Dec 2016.
hmmm!!! cosh!!!! such towering 46 residential floors. . Then in that case the amenities offered will also be wonderful. Whats the price they are charging for the flats. Any idea . Has anybody booked a flat in the same project.
17th February 2014

Q: Has anybody booked a flat in Nirmal Turquoise?? What is the status of the project??
My replies to this discussion
Hello Arup, The flats range from 2 ,2.5 and 3 BHK. 2 BHK comes with an area of 1143 sqft and it priced at 1.35 crore. 3 BHK comes with an area of 1260 sqft and the price starts from 1.48 crore onwards. The builder is charging Rs. 11700 as price per sqft.Hello Arup, The flats range from 2 ,2.5 and 3 BHK. 2 BHK comes with an area of 1143 sqft and it priced at 1.35 crore. 3 BHK comes with an area of 1260 sqft and the price starts from 1.48 crore onwards. The builder is charging Rs. 11700 as price per sqft.
Q: I am planning to buy a 2 BHK flat in Mulund west. Can somebody throw some light about the locality.

My replies to this discussion
Hi, Can I get some details about list of projects and builders coming up in Mulund west as I have plans of buying a property in this locality very shortly.Hi, Can I get some details about list of projects and builders coming up in Mulund west as I have plans of buying a property in this locality very shortly.
Q: It seems that property market is under boom in MMR but property prices are falling in Mumbai suburbs.
My replies to this discussion
Hi, Just to attract the buyers the developers are offering discounts, price negotiations, and waiving off stamp duty and registration charges. Also came to know that they are providing free club house membership charges and in fact some builders are giving car parking free of cost to the buyers.Hi, Just to attract the buyers the developers are offering discounts, price negotiations, and waiving off stamp duty and registration charges. Also came to know that they are providing free club house membership charges and in fact some builders are giving car parking free of cost to the buyers.
My replies to this discussion
Hi all, How about the transport and connectivity of this project to other localities. Is the project has got all the approvals from concerned departments. Which are the banks are providing for home loans for this proeject??Hi all, How about the transport and connectivity of this project to other localities. Is the project has got all the approvals from concerned departments. Which are the banks are providing for home loans for this proeject??
My replies to this discussion
Mr Arup, If you have liked the locality in and near Dombivali, then go ahead and book a flat in Sapphire Garden or in any other projects located in Dombivali east. Since you are more focussed on Dombivali, this is a good locality to book a property. The prices are also reasonable and the locality belongs to middle income group. So I think you should book a flat at the earliest in Sapphire Garden or in any other projects located in Dombivali east.Mr Arup, If you have liked the locality in and near Dombivali, then go ahead and book a flat in Sapphire Garden or in any other projects located in Dombivali east. Since you are more focussed on Dombivali, this is a good locality to book a property. The prices are also reasonable and the locality belongs to middle income group. So I think you should book a flat at the earliest in Sapphire Garden or in any other projects located in Dombivali east.
Q: What are the flats available in Tata Gateway Towers and when will be the possession given??

My replies to this discussion
Hi Arup, I came to know that the flats are excellently located in heard of Mulund which is close to Mulund station that is only 4 kms. Another major attraction of the project is that its presence near to Eastern Express Highway which serves as a major connectivity from Mulund towards Thane, Ghatkopar, Vikroli, Sion, Dadar and CST. One can also take the Mankurd Link road to reach Navi Mumbai.Hi Arup, I came to know that the flats are excellently located in heard of Mulund which is close to Mulund station that is only 4 kms. Another major attraction of the project is that its presence near to Eastern Express Highway which serves as a major connectivity from Mulund towards Thane, Ghatkopar, Vikroli, Sion, Dadar and CST. One can also take the Mankurd Link road to reach Navi Mumbai.
Q: When is the project is going to take off? When will the possession be given??

My comments to replies
Hi Shrikant, The project has 2 BHK and 2.5 BHK. The price for 2 BHK comes to approx 1.75 crore onwards which has a total built up area of 1210sqft-1260 sqft. Amenities in this project include jogging track, recreation center, 24 hr water and power, children play area, swimming pool.
Thanks Arup for the updates provided. Want to know how well is the project connected from other parts of the city. Is it near to schools and hospitals and shopping centers.
26th February 2014

Q: Can anybody tell me more about Dhanshree Sankalp. When is the possession of the same???

My comments to replies
Hello Suresh, I have booked a 2 BHK in this project some time back as bookings are still going on. 2 BHK comes with an area of 725sqft-860 sqft and price range from 87 lakh-1.03 crore including registration and stamp duty. 1 BHK has an area of 585 sqft-660 sqft and costs approx Rs. 70.20 crore-79.20 crore including registration and tax.
Namaste Kishore, Thats fantastic. Congrats !!!!!!!! . Want to know that car parking are charged separately or does it include in the price of the flats. Is the project has got the nod from concerned department??
26th February 2014

Q: It seems that 1 BHK properties are high in demand in Marol in Andheri East.

My replies to this discussion
Yeah Moreover Marol also boasts of well equipped social infrastructure. There are many schools and hospitals in the locality. Apart from this, the area also has enough facilities for the foodies which is why the area is so much in demand for 1 BHK.Yeah Moreover Marol also boasts of well equipped social infrastructure. There are many schools and hospitals in the locality. Apart from this, the area also has enough facilities for the foodies which is why the area is so much in demand for 1 BHK.
Q: Can somebody tell me when is the possession date of Matoshree Nisarg

My replies to this discussion
Hi Arup, Matoshree Nisarg is one of the ongoing projects developed by matoshree Infra Pvt Ltd in LIC Housing Colony,Mulund East. . Construction work is in full swing and possession is likely by Dec 2015.Hi Arup, Matoshree Nisarg is one of the ongoing projects developed by matoshree Infra Pvt Ltd in LIC Housing Colony,Mulund East. . Construction work is in full swing and possession is likely by Dec 2015.
Q: It seems that property prices inj Nerul clock over 30% returns in 2 years.

My comments to replies
Hello Suresh, The robust social and physical infrastructure has also helped Nerul's real estate market to grow. The locality boasts of all amenities required by an end-user such as hospitals, schools, restaurants and entertainment zones. Hence, the locality continues to rule the roost for rental accommodation as well
Yes Kishore you are absolutely right. Nerul also has options to suit varied budgets. The locality has seen a spate of new project launches by several builders who are coming up with all kinds of configurations.
27th February 2014

Q: How good is Mulund East for living?? Does the locality have any water or power issues???
My replies to this discussion
Hello Arup, I want to invest in a property in Mulund. Where should I invest in property?? Which locality will make a better option to invest. In which locality can I look for good value for money invested.Hello Arup, I want to invest in a property in Mulund. Where should I invest in property?? Which locality will make a better option to invest. In which locality can I look for good value for money invested.
Q: Kindly tell me how is Ulwe locality. Is this area the best locality to invest in Navi Mumbai???

My replies to this discussion
Hi Arup, In fact there are quite no of good hospitals and medical centers which are located in and around Ulwe. The hospitals have all the latest facilities like operation theaters, X-ray rooms, pathology labs, OPD, experienced doctors and surgeons and 24 hrs ambulance facility, ICU, CCU and ICCU wards. List of some of the hospitals situated in and around Ulwe include: 1. Dr. Patil Hospital 2. New Spandan Multi Speciality Hospital 3. Seawoods Hospital 4. Dr. DY Patil Hospital 5. Sunrise Multispeciality Hospital 6. Noble Care Hospital 7. Palmbeach Hospital 8. Khanna HospitalHi Arup, In fact there are quite no of good hospitals and medical centers which are located in and around Ulwe. The hospitals have all the latest facilities like operation theaters, X-ray rooms, pathology labs, OPD, experienced doctors and surgeons and 24 hrs ambulance facility, ICU, CCU and ICCU wards. List of some of the hospitals situated in and around Ulwe include: 1. Dr. Patil Hospital 2. New Spandan Multi Speciality Hospital 3. Seawoods Hospital 4. Dr. DY Patil Hospital 5. Sunrise Multispeciality Hospital 6. Noble Care Hospital 7. Palmbeach Hospital 8. Khanna Hospital
Q: Want to know when are they giving the possession of the flats??
My comments to replies
Hi Shri, Glad to know that you have shown keen interest in this project. Looks to be a good project. Came to know that they are giving possession by April 2016. In fact they have launched the project 1 year back in 2013 and construction of the work is in full swing.
Hmmm. OK. Thats nice to know. May I know what are the flats available in this project, its price and the amenities offered?? Is the project being approved or not by concerned authorities?? What is the present price per sqft the builder is quoting?? Has the bookings started?? Let me know about it.
4th March 2014

Q: When is the builder giving the possession??
My replies to this discussion
Hi Arup, Looks like the amenities offered are wonderful. How is the connectivity from the site to other places in Navi Mumbai and Mumbai. Are there efficient bus services available to this place since I am dependent on public transport for commuting.Hi Arup, Looks like the amenities offered are wonderful. How is the connectivity from the site to other places in Navi Mumbai and Mumbai. Are there efficient bus services available to this place since I am dependent on public transport for commuting.
Q: When is the developer handing the possession of the project??
My comments to replies
Hi Shrikant, I just booked a flat for own use last month as bookings have already started in this project. I came to know that the project has 1 and 2 BHK units. 1 BHK comes with an area having 650-670 sqft and the flats costs around 28-36.20 lakhs. 2 BHK comes with total area measuring 1050 sqft and the value of the flats start from 45.25 lakhs.
Hi Arup, Got to know that the builder is quoting Rs. 4300 per sqft. As I have booked a 2 BHK in Patel Aramus, amenities include swimming pool, club house, gym, garden, children play area, intercom, 24 hrs water and power. Yeah it is a really good idea to invest in this property/project because you will get good appreciation in coming years since plenty of rapid developments are going to take place in this region.
5th March 2014

Q: What is the rate per sqft in this project and how good is the connectivity to other places since I am planning to buy a flat in this project
My replies to this discussion
Hi As I have booked a 1 BHK flat in this project came to know that the builder is quoting Rs. 4250 as rate per sqft. As far the connectivity is concerned, the flats are well networked by adequate modes of rail and road mode of transport. Vasai station on the western line is the most important railway station and also the last terminus for Mumbai locals. Hence fast locals originating from Churchgate station and Mumbai Central reach Vasai which is the last terminus. In fact the area has also good no of bus frequency. BEST ply buses to Mira Road, Byhander, Malad, Andheri, Goregaon and Vile Parle at frequent intervals. Beside buses and trains metered taxis, cabs and autos are also available from here to reach various destinations.Hi As I have booked a 1 BHK flat in this project came to know that the builder is quoting Rs. 4250 as rate per sqft. As far the connectivity is concerned, the flats are well networked by adequate modes of rail and road mode of transport. Vasai station on the western line is the most important railway station and also the last terminus for Mumbai locals. Hence fast locals originating from Churchgate station and Mumbai Central reach Vasai which is the last terminus. In fact the area has also good no of bus frequency. BEST ply buses to Mira Road, Byhander, Malad, Andheri, Goregaon and Vile Parle at frequent intervals. Beside buses and trains metered taxis, cabs and autos are also available from here to reach various destinations.
Q: Has the project taken off and what is the price for 2 BHK flats?? Has anybody else booked on this project??
My comments to replies
Hello Shrikant, Yes in fact the projects are fully approved by CIDCO under whose jurisdiction the project is located. Came to know that several leading banks like HDFC, ICICI, IDBI, Axis bank, IndiaBulls and LIC Housing Finance are granting loans for this project. Got in touch with one of the company executive and came to know that the project will be ready for occupation by March 2017.
Hi Arup, Thanks so much for giving info about project completion date and banks providing home loans. Since I am interested in buying a 2 BHK flat here, how is the overall connectivity. Are there good social amenities like schools, shopping malls/centers, hospitals in and near the project as I dont want to undertake long travel as I have a back problem.
6th March 2014

Q: Can some one tell me when are they going to handover the project?? Has it got all the required approvals?? Please do let me know about it.
My replies to this discussion
Hmmm. Nice, Looks like the amenities offered are really good and awesome. Before I make any booking in this project, would like to know if the project has been duly approved by concerned department. Which banks are providing loans and how is the connectivity from the project to other places.Hmmm. Nice, Looks like the amenities offered are really good and awesome. Before I make any booking in this project, would like to know if the project has been duly approved by concerned department. Which banks are providing loans and how is the connectivity from the project to other places.
Q: Can anybody let me know hos is the connectivity to the site. Are there any reputed schools and colleges nearby as I am planning to book a flat?
My replies to this discussion
Hi Arup, Thanks for the info for the list of schools given. Since I am planning to book a flat in this project it will help me a lot in putting my son in a good school. By the way want to know what are the flats available and its price. Whats the builder charging as rate per sqft?Hi Arup, Thanks for the info for the list of schools given. Since I am planning to book a flat in this project it will help me a lot in putting my son in a good school. By the way want to know what are the flats available and its price. Whats the builder charging as rate per sqft?
Q: It seems that Mumbai has fallen to 28th position in the list of worlds most expensive locations for high end rentals.
My replies to this discussion
Hi Kishore, Yeah its quite shocking to know that real estate properties have dropped down and Mumbai has slipped to 28th position but in spite of this it stills remains the costliest city in India. It was in the 17th position globally last year but its ranking has fallen to 28th position in beginning of 2014 due to rupee depreciation.Hi Kishore, Yeah its quite shocking to know that real estate properties have dropped down and Mumbai has slipped to 28th position but in spite of this it stills remains the costliest city in India. It was in the 17th position globally last year but its ranking has fallen to 28th position in beginning of 2014 due to rupee depreciation.
Q: Planning to buy a flat in this project. Has the project already been launched and when is its due possession date?
My replies to this discussion
Hmmm. Well K. What is the builder reputation? Have they completed any other housing projects prior to this as I want to buy a flat in this project? Please do notify?Hmmm. Well K. What is the builder reputation? Have they completed any other housing projects prior to this as I want to buy a flat in this project? Please do notify?
Q: I am interested in booking a 1 BHK flat in this project. Do I have to pay extra charges for club house??
My replies to this discussion
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.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 book a flat in this project? What are the amenities and specifications available? Do let me know about it?
My comments to replies
Hi Shri, Thank you so much for the latest updates about Nathani Heights. Can somebody provide a list of schools situated in and near the project so that I can admit my kids in the nearby schools.
Hello Arup, You can find many reputed schools which are situated in and around the coming up project. The schools have good facilities backed by trained teachers. The list of schools are: 1. Queen Mary School 2. Bombay International School 3. Chikistah Samahoh Shirolkar High School 4. St Peter's School 5. Diamond Jubilee High School
11th March 2014

Q: It seems that Govts policy with respect to affordable housing has created lot of doubts in minds of developers.
My comments to replies
Hi Suresh, I heard it that the occupancy certificate for the free-sale portion will not be granted till the OC for the LIG unit is issued which could delay the construction of the project. Developers will now also need more time to amend the project designs as per the notification, which could further delay the projects by 4-6 months.
Hmmm. Yeah Kishore. As per the notification, MHADA has the option to buy the LIG flats within six months after the construction. Therefore, the developer has to fund the expenses from his own pocket, unlike the free-sale flats, which are built from the pre-booking amount collected at the time of booking the flats. The government should revise the notification, ensuring that MHADA buys the flats well in advance or during various stages of construction itself.
11th March 2014

Q: I am planning to buy a flat in Kul Radiance. What is the present rate the builder is charging per sqft?
My replies to this discussion
Hi, Are the projects being approved by concerned departments and which are the banks offering finance for this project as I have plans of buying a flat in Kul Radiance.Hi, Are the projects being approved by concerned departments and which are the banks offering finance for this project as I have plans of buying a flat in Kul Radiance.
Q: Planning to buy one of the units in this project? How good is the locality where the proposed flats are coming up? Do let me know.
My replies to this discussion
Hi Kishore, I heard that they are quoting Rs. 21000 as the current rate per sqft. If you are opting for home loan then many leading banks like Citi bank, HDFC, ICICI,Axis bank, IndiaBulls are providing loan for this project.Hi Kishore, I heard that they are quoting Rs. 21000 as the current rate per sqft. If you are opting for home loan then many leading banks like Citi bank, HDFC, ICICI,Axis bank, IndiaBulls are providing loan for this project.
Q: Can anybody tell me when was this project launched and its completion date as I have plan of booking a flat in this project.
My replies to this discussion
Hey Arup, Got to know that several leading banks like ICICI, LIC Housing Finance, HDFC, IDBI, Axis bank, IndiaBulls and Kotak Mahindra have tie ups with this project for offering loans. You can avail loan either from public or private sector banks since the rate of the interest charged are one at the same. Not much of a difference. It is upto you to decide which bank to go for getting loan.Hey Arup, Got to know that several leading banks like ICICI, LIC Housing Finance, HDFC, IDBI, Axis bank, IndiaBulls and Kotak Mahindra have tie ups with this project for offering loans. You can avail loan either from public or private sector banks since the rate of the interest charged are one at the same. Not much of a difference. It is upto you to decide which bank to go for getting loan.
Q: How is the real estate market and how good is the locality for investment purpose? Need expert advice?
My replies to this discussion
Hey Dude, At present the current market price that is prevailing in Kalyan is between Rs. 5259-5465 per sqft and it has shown an increase of 3 % in last 3 months which are sure signs of good appreciation. In my opinion if you are looking for investment point of view then this is the right area to put ones money as you will definitely get a high return in coming years. Kalyan is well connected by road and rail mode of transport. Buses operated by KDMT not only ply within the city limits but also provides routine bus services to nearby villages and townships. NMMT buses are also available from Kalyan station to Vashi and other parts of Navi Mumbai at a frequency of every 15 minutes.Hey Dude, At present the current market price that is prevailing in Kalyan is between Rs. 5259-5465 per sqft and it has shown an increase of 3 % in last 3 months which are sure signs of good appreciation. In my opinion if you are looking for investment point of view then this is the right area to put ones money as you will definitely get a high return in coming years. Kalyan is well connected by road and rail mode of transport. Buses operated by KDMT not only ply within the city limits but also provides routine bus services to nearby villages and townships. NMMT buses are also available from Kalyan station to Vashi and other parts of Navi Mumbai at a frequency of every 15 minutes.
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!!!!
My comments to replies
Dear Friend, May I know from where the metro services for Phase III is going to commence from and where is going to be its final stage or last terminus???
Hi Arup, The Metro service is to run along the 33.5-km long Colaba-Bandra-Seepz route, and estimated to cost Rs 23,136 crore.The underground Metro service was earlier meant to be built under PPP but the plan was deemed financially unviable and scrapped. Under the new model, about 57 per cent of the project cost will be raised through a loan from Japanese Investment Corporation Agency. The state and the Centre will too contribute Rs 2,403 crore each in equity. Another 1,650 crore will be raised through subordinate debt and taxes.
14th March 2014

Q: I live in the USA and want to know if there are any 2 bhk flats left to go. I was recommended by a friend of mine who has bought some flats at La Citadel.

My replies to this discussion
Hi Prasad, i had a word with the buiders office and was advised that the rate for 2 bhks is around Rs 19500/sqft and unfortunately there are no units available... you can also check if any resale units are available..but gues you shouls eithe rhire someone or your relatives to look for you.Hi Prasad, i had a word with the buiders office and was advised that the rate for 2 bhks is around Rs 19500/sqft and unfortunately there are no units available... you can also check if any resale units are available..but gues you shouls eithe rhire someone or your relatives to look for you.
My comments to replies
Hello, Heard across the project has already been launched in Jan this year and work is going on in progress. The possession is going to take place by Dec 2016.
Hello Mikunj, The expand of Panvel-New Panvel is seeing huge growth of residential colonies that includes lots of multi-storey apartments. Proposed Navi Mumbai Highway, connectivity to NH-17-Goa Highway, proposed SEZ Logistics Park and closeness to neighborhoods like Kamothe, Kharghar and Taloja are some of the key members to the growth of real estate in Panvel. Some of well-known developers giving residential properties in Panvel are Hiranandani Palace, Tulsi Constructions, Indiabulls, Platinum Constructions, and Kalpataru Group.
17th April 2015

Q: Want to know about the builder reputation?? Since am planning to book a flat in this project.

My replies to this discussion
Hello Arup, Heard of this builder and their projects in Thane and Mumbai. The name itself conveys trust and loyalty towards the customers. Seems like they are one of the established builders who are into this field for last several years. They have successfully completed many residential projects in past and are coming up with many new ongoing and upcoming projects in Mumbai and Thane.Hello Arup, Heard of this builder and their projects in Thane and Mumbai. The name itself conveys trust and loyalty towards the customers. Seems like they are one of the established builders who are into this field for last several years. They have successfully completed many residential projects in past and are coming up with many new ongoing and upcoming projects in Mumbai and Thane.
Q: What are the future prospects on investing in this locality? Will it fetch good returns in coming years?
My comments to replies
Hi, Can somebody tell me how is the Mira Road/ Bhayander locality overall to live? Are there good schools, colleges and malls in and around the locality? Kindly do let me know about it as have plans of buying a 2 BHK property in this locality.
Hello Arup, Mira Bhaiyandar Road is one of the best locality around Mumbai to stay. This area is quite developed now. It has ample options for commuting, entertainment, food, shopping. Good amount of hospitals, schools and temples. With lots of business doing around its best place to live for anyone either single, couple or family. All the facilities are available in this locality.
25th March 2014

Q: Hi, Can anybody say if the project has been launched and when will be its possession date?
My comments to replies
Ok. Since I am interested in buying a flat in this project, would like to know how much is the builder charging per sqft and what are the units available and its specifications.
Hello Kishore, In fact the builder is quoting Rs. 5500 as the present rate per sqft. The flats come with 1 and 2 BHK units. The area for 1 BHK is about 550 sqft and costs Rs. 30.25 lakhs. 2 BHK comes with 750 sqft area and are priced at Rs. 41.25 lakh respectively.
25th March 2014

Q: Has anybody booked a flat in this project? Does someone have any idea about the builder credentials?
My replies to this discussion
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?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, Looks like 7 mega infrastructural projects are going to roll in 2014 in Mumbai?
My comments to replies
Dear Shrikant, The ongoing infrastructural projects will have a tremendous impact on the real estate sector. The prices of the properties lying on the Ghatkopar, Chembur, Andheri, Mankhurd and Versova stretch is going to double. The rate what is costing now will only multiply in coming times.
Mr Arup, Yes you are 100% right. With the completion of these projects, there is going to be huge demand for the residential as well as commercial properties along the stretch where infrastructural developments tend to take place. There is no doubt that the property prices will shoot up and the cost of the flats will become exorbitant.
27th March 2014

Q: Can anybody tell me how is the builder of this project as I am planning to book a flat in this project.
My comments to replies
Namaste Shrikant, I came to know that the project has already been launched in Oct 2013 and most likely the possession will be during Dec 2015. After speaking with the marketing guy got confirmed that the flats have 24/7 water supply through Muncipal connection. Apart from this the apartments also have bore connection to meet the water requirements.
Hi Arup, The flats have good connectivity via local trains and buses. Fast locals are available starting from Virar station going towards Vasai, Borivali, Kandivili, Malad, Jogeshwari, Bandra and Goregaon. Bus services are also good from this place as BEST operates daily schedules to Thane, Navi Mumbai.
28th March 2014

Q: date of possession of flats in poonam heights at goregaon west ?

My replies to this discussion
Hi everybody, I wanted to know more about the project before investment. What is the current price now a days? How many floors are being constructed and the construction updates?Hi everybody, I wanted to know more about the project before investment. What is the current price now a days? How many floors are being constructed and the construction updates?
Hi all, How is the locality of Goregaon? How is civic amenities developed in the locality? I heard that traffic is the major issue in this locality even during the peak hours.Hi all, How is the locality of Goregaon? How is civic amenities developed in the locality? I heard that traffic is the major issue in this locality even during the peak hours.
My comments to replies
Hi everybody, I wanted to know more about the project before investment. What is the current price now a days? How many floors are being constructed and the construction updates?
Thanks Rakshir, Any idea when is the possession for this project is projected? Which all are the funding banks issuing loan for this project?
11th April 2014

Q: Hello, i was looking to invest in this project...please advice if it will fetch good returns in say next 3 years.

My comments to replies
Well Meenakshi, you have chosen a good project... the builders are planning a tower with commercial areas and studio apartments for those who are looking purely for investments purpose and they are assuring a 12% assured returns on your investment..
How is the project from end use ?? what is the availability and prices???
21st April 2014
How is the locality and what all amenities are planned?
21st April 2014
Hmm and any banks that are providing loans?
21st April 2014

Q: Hi, There is increasing demand for transparency in the real estate sector .discuss
My comments to replies
Yes.. there is a very valid and needed demand especially among the home buyers in noida and other NCR areas to update the developer details, but this has not happened yet..
Well Noida Authority had recommended introduction of e-governance so that corruption is reduced and transparency is there in transactions as well as help buyers with a one stop area to clear all approvals and validation doubts..., land ownership, lease deed conditions, status of sanctioning building layout plan and other NOCs were supposed to be made available online...
30th April 2014

Q: Any information about Highland Crest thane project. is it genuine or fraud project?

My comments to replies
Hi, We too invested in High Land Crest project 3 years back. This week, I got a call from the Highland sales team informing project being scrapped. They want the people who already booked to take their money back with interest. We seems to be cheated. These guys may reopen the bookings with high rates. In case, Any one has booked the flats here, please get in touch so that we can collectively decide the next action Regards, Prashant Parab 9004390959
Nice thought Mr. Ravi, It will be beneficial for both the sides. But in India it is not possible at all. Here even Govt doesn't work synchronized with their departments. A number of projects are pending just because of asynchronization. And that Govt policies sometimes resist Developers to deliver the project in time.
19th February 2015

My comments to replies
Hi Ramawatar, Nice to know that you are looking for new residential properties in Mumbai. But you haven't mentioned the exact locality where you are planning to buy the property. As far my knowledge is concerned you can invest in property in Ghodbunder Road, Manpada, Majiwada, Pokhran Road which are all located in Thane. Also you can look for properties in Kharghar, Ulwe, Vashi, CBD Belapur, Uran and Nerul which are situated in Navi Mumbai. The prospect in these localities look bright and good as one can definitely expect good appreciation value in about 4-5 years.
Hi everybody, There are some upcoming project in Mumbai which are offering best of amenities and services. these are Sigrun Kingdom in Virar West, Mumbai by Sigrun Holdings, Hubtown Grove Residences in Andheri West, Mumbai by Hubtown Limitedm, Mohan Hills in Ambarnath, Mumbai by Mohan Group, Joy Alka Society in Andheri West, Mumbai by Joy Developers, Ornate Epitome in Andheri West, Mumbai by Ornate Spaces Pvt. Ltd., Ornate Synergy in Andheri West, Mumbai by Ornate Spaces Pvt. Ltd, Rupji Daffodils in Andheri West, Mumbai by Rupji Construction, Neev Florentina in Andheri West, Mumbai by Neev infrastructure Pvt. Ltd., Chaitanya Jeevan Kanchan by Chaitanya Group, Sahana Pearl by Sahana Builders & Developers, Vardhman Grandeur, Andheri West, Mumbai by Vardhman Group etc.
7th July 2014

Q: Hey, how is this project from investment point view?
My replies to this discussion
Hi... thanks for the information.... what all amenities are being provided?Hi... thanks for the information.... what all amenities are being provided?
Q: Hi, In Mumbai's Adarsh Case MP Kriti Somaiya revealed the name of 3 former chief ministers and two serving minister.
My comments to replies
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.
Well, Do you know that a top level BJP politician has registered the case but the police have accepted his complaint officially saying that the CBI and ACB is already investing the same case. Is it really true. If already the nations top most investing bureau are investing the case then why didn't they find the culprits. What was the Home Ministers reply?
10th June 2014

Q: According to one of my friends in Lodha, the residents of Palava city experienced firsthand that there is nothing that comes close to the pleasure of a day spent indulging in organic gardening. The Urban Farming Club at Palava city began with an opening workshop with a focus on “Introduction to Organic Farming”. This took place at the Lawns of Lodha World School at Palava city on 24th May. I heard that it was quite insightful and interesting. Would look forward to participating in one next time.

My replies to this discussion
Hi, The Urban Farming Club at Palava city began with an opening workshop with a focus on “Introduction to Organic Farming”. Participation in the program ranged from tiny tots to senior citizens and first-time gardeners to experts gardeners.Hi, The Urban Farming Club at Palava city began with an opening workshop with a focus on “Introduction to Organic Farming”. Participation in the program ranged from tiny tots to senior citizens and first-time gardeners to experts gardeners.
My comments to replies
Hi, The Urban Farming Club at Palava city began with an opening workshop with a focus on “Introduction to Organic Farming”. Participation in the program ranged from tiny tots to senior citizens and first-time gardeners to experts gardeners.
Well Sunil, It offers a fine way to socialize in your neighborhood. It mainly address to Environmental Stewardship, Health Nutrition and increased community interaction.
11th June 2014
Well Sunil, It is a good place to learn the basics of farming, art of creating nutrient rich soil, grow your own kitchen garden with herbs and plants, knowledge of types of herbs, how to maintain your plants and grow them in small places. Gardening & Growing food is after all a fun. Working with the community, the knowledge of how and what to grow is exchanged, labor is shared, the harvest is exchanged and seeds swapped, .
11th June 2014

Q: Is there any floor rise for this property?
My replies to this discussion
Hi, I am trying to rent out my property in Mulund East, Mumbai fully furnished for Rs32000/month. Is the rent appropriate? kindly guide.Hi, I am trying to rent out my property in Mulund East, Mumbai fully furnished for Rs32000/month. Is the rent appropriate? kindly guide.
Q: hey, any idea on how much funds is expected to be sanction for this project in the next budget
My comments to replies
hm... i dont think anyone will know that..but i heard that they have asked for a 7500 crore budget for developing this ambitious project and the three smart city projects associated with this...
yeah Amit ..there is great expectations from the Modi government ..as they had a manifesto of revamping the Indian infrastructure...
27th June 2014

Q: When is the correct possession date? The project keeps on getting delayed and seems to be a non starter. Earlier the completion was scheduled in 2014 now - 2017/18 seems to be doing rounds. Are they cheating us?

My comments to replies
It seems to be a complete fraud by India Homes and Saaga Infra Projects. No one from Saaga office replies to any queries
Hi, In the current real estate market, most home buyers face litigations over their newly purchased apartments. It is necessary to check if the property is legally clear before booking it, even if it is a branded project. One should check all the required legal documents and construction approvals related to the project through legal consultants.
23rd September 2015

Q: Hi, can anybody tell me the price, area and possession of this project?
My replies to this discussion
Hi all, Everybody say that the area is prefered by developers and most of the home buyers are IT professional. If it is true then what is the reason?Hi all, Everybody say that the area is prefered by developers and most of the home buyers are IT professional. If it is true then what is the reason?
My comments to replies
Hi all, Everybody say that the area is prefered by developers and most of the home buyers are IT professional. If it is true then what is the reason?
Thank for the information Arup, Is this locality comes under Gram panchayat or Pune Municipal Corporation? Which all financial institutions have approved this project? Is there any similar property in the nearby locality. Kindly replt ASAP.
8th July 2014

Q: I invested in Omaxe High tech city Acre buyback scheme , the scheme matured in March 2013 but omaxe is not willing to alott the land and insists that I take the buyback option or wait for 3 to 4 years more for allocation without guarantees, please advise if I can have the land allotted somehow
My replies to this discussion
Mr Tariq, do you have some written sale agreement with you that has been done on stamp paper?? if yes, i suggest that you seek advise and help from lawyers in this regard....Mr Tariq, do you have some written sale agreement with you that has been done on stamp paper?? if yes, i suggest that you seek advise and help from lawyers in this regard....
Q: Buy 2 Bhk & 3 Bhk in Lodha Luxuria Priva, Majiwada Junction, Thane. Residences starting at 1.16 CR in Lodha Pre Launch Luxuria Priva.
My comments to replies
Hi, I am planning to buy a 2BHK unit in 1260 sq-ft of this project but this is my first investment in Thane, Mumbai. Can anybody tell me about its locality and connectivity?
Hi, Locality:- Majiwade is a very excellent locality. It is well connected with Nasik (Nasik Highway), Mumbai (Eastern Express Highway), Pune (Thane-Belapur Road), Ahmedabad (Ghodbunder Road), Western Mumbai (Dahisar, Borivli). Transport facility is also good in this locality. School, bank, ATM and hospital are available nearby the locality. Lake city mall and Cine Wonder are at a walkable distance from majiwad. Transport facility is also good in this locality. It is well connected with Western Mumbai & Gujrat via G.B. Road and towards Nasik & Pune via Bhiwandi byepass and towards Mumbai via Eastern Express Highway.
16th July 2014
Well Praveen, The current residential property rate in the locality is between Rs. 11000-12000/sq-ft. Other nearby projects in the locality are Puranik City Phase III-Ghodbunder Road, Thane, Bhoomi Acres, USD Unique Vistas, Haware Citi and Squarefeet Ace Square. Projects by Lodha Groups' are:- Lodha Codename The Only- Majiwada, Thane, Lodha Luxuria Priva, Lodha Splendora Phase II-Thane West, Thane, Lodha Excellencia and Lodha Splendora-Majiwada, Thane.
16th July 2014

Q: Hi, i wish to know the pricing of 2 bhks in this project and what all configurations are there??

My comments to replies
How is the location of the project and how big is it??
Yeah!! the location is superb and the flats have an excellent view of the national park. the flats are so planned as to allow maximum ventilation and natural light.. there are a number of amenities as well like the swimming pool, tennis court, skate rink, basketball court etc.
16th July 2014

Q: what is the ongoing rate? what configuration available
My comments to replies
Hi, I guess the rate that was advised to me is around Rs3600-3700 per sqft and they have 1 bhk of 500 sqft size...
hmmm..is this a completed project or the work is going on??
16th July 2014

My replies to this discussion
Hi, I never understood this.. Always below expectations feedback for HBC however media articles says good things about HBC.. not sure what reality is as it is contradicting...Now they have launched Teerth Aarohi Laun Phase II on the Popular Sus-Pashan Road.Hi, I never understood this.. Always below expectations feedback for HBC however media articles says good things about HBC.. not sure what reality is as it is contradicting...Now they have launched Teerth Aarohi Laun Phase II on the Popular Sus-Pashan Road.
Q: Hi, i want to know the current rate on this project?? is there any discounts??

My replies to this discussion
Hi Ananya, this is a pre launch project and the price being quoted is around Rs 4100/sqft.. since the project has not yet been launched im sure that the prices are further negotiable and you can always bring it down at the time of booking the flat...Hi Ananya, this is a pre launch project and the price being quoted is around Rs 4100/sqft.. since the project has not yet been launched im sure that the prices are further negotiable and you can always bring it down at the time of booking the flat...
My replies to this discussion
Hi, My suggestion to you that visit the developer's office and asked about the exact possession date. Try to collect all the information with their office staff and share with the owners of this project. This way you will help the hundred of owners.Hi, My suggestion to you that visit the developer's office and asked about the exact possession date. Try to collect all the information with their office staff and share with the owners of this project. This way you will help the hundred of owners.
Q: we are leaving in andheri and we have 18 member in all we stay on 8th floor my wife is teaching drawing /Art to small kids but society committee has raise objection and in AGM without agenda they discuss the use of lift by small kids and minuted that under the head COMMERCIAL USE OF FLAT :- the misuse including damages to elevators by children attending tuition condected by member and other related issue including parking by parents further it is written after extensive deliberations it was decided that that all the damages in terms of escalated electricity expenses and lift maintenance expense due to use of elevator by children be recovered from the member.further decided to collect on trial basis 10% of the monthly common electricity bill and 20% of the lift repairs and maintenance expenses(other than regular AMC charges) to compensate the damages to society dueto commercial use of the flat by us. the committee was instructed to intimate the same to the member(that is us) and ensure that the member do not construe this collection fro them as any protected or obligatory rights created in their favor. we are seeking your legal opinion as all the small kids coming for tuition to learn drawing is of the age group of 4 to 10 years and all are from good family and nobody has damage the lift how the committee can discuses this without agenda of the AGM and in our absence it was decided within few members and because of some few biased and prejudiced age old committee member they have minuted the same to create problem for us in future ? please advice us in this issue that can anybody take objection for a woman who is giving tuition within our flat to earn her livelihood ? and can a committee pass such resolution which is direct attack on right to do lawful activity ? can society charge such lift expenses or repair maintenance ? as mentioned above? one more point we would like to highlight that before we came to the society 2 years ago there was old building redeveloped and out of 18 new member 9 were old member and are relative and one member was already running coaching classes to teach french/ Japanese languages and other activity and they even put a banner also within society but nobody has taken objection for that but we are targeted intentionally by few committee member for the reason best known to them so please advise me what should we do and what reply should i give to them i will be highly oblige . please treat this as most urgent and reply Thanking you Bhavesh
My replies to this discussion
HI, Professions such as those practiced by doctors, lawyers and chartered accountants are not considered as commercial activity, Besides, activities such as teaching, painting, holding yoga or dance classes, tuitions or conducting cookery classes, are also allowed in a residential area. However, if your society bylaw doesn't allow commercial activities within the building premises, not much can be done. But, if you have a license to operate and are still facing resistance from society members, you can approach the cooperative court.HI, Professions such as those practiced by doctors, lawyers and chartered accountants are not considered as commercial activity, Besides, activities such as teaching, painting, holding yoga or dance classes, tuitions or conducting cookery classes, are also allowed in a residential area. However, if your society bylaw doesn't allow commercial activities within the building premises, not much can be done. But, if you have a license to operate and are still facing resistance from society members, you can approach the cooperative court.
Q: i m scared by comments of investor in this project should i go for tirupati balaji residency project in sukapur akurli panvel is it worth or fake ?
My comments to replies
hi, i am too stuck in balaji kalash project phase 2, suggest me what to do
Hello Lovely, Better, visit the developers office or the project site. Ask for the delay reason. If you are not getting any reasonable reason of delay take the help of a legal expert. He can suggest you the right way.
28th April 2015

Hi Friends, Even I have booked in phase 1, last year Jan 31st by paying 3.26Lac as down payment, and now there is no response from builder, all the time we have to visit them as they don't provide any reliable information over phone, I have tried getting Mr. Mahindra number but non of their staff provides it, post finally i have got the number of Mr.Jha 9920758444, who is the one of a way to get in touch with Mr. Mahindra owner of company. seriously if I would have invested this amount in any badlapur or ambernath property would have made money by now or if would have invested in bank would have got interest of 10% per annum, I really don't know what are they upto,
If you really want to buy property or want an investment, better, visit the site and meet personally with the developer at their office. Ask for the legal documents and verify it by the local bodies or a legal expert. At construction site you can get the information about the material used in the project and the said amenities. After all it is a matter of your hard earned money.
28th April 2015

My replies to this discussion
Hi, As far as locality is concerned Goregaon is an important area in the western suburbs of Mumbai. It is started out as primarily a residential property neighborhood but now has become a wealthy suburb. It is well connected to other parts of Mumbai through the Western Express Highway, Arterial Jogeshwari Vikhroli Link Road and link Road that connects the East to the West of Mumbai. The basic facilities like malls, an international school, premium office spaces and a five-star hotel are present here.Hi, As far as locality is concerned Goregaon is an important area in the western suburbs of Mumbai. It is started out as primarily a residential property neighborhood but now has become a wealthy suburb. It is well connected to other parts of Mumbai through the Western Express Highway, Arterial Jogeshwari Vikhroli Link Road and link Road that connects the East to the West of Mumbai. The basic facilities like malls, an international school, premium office spaces and a five-star hotel are present here.
Q: Hi, I am looking for a 2BHK of this project? Can anybody tell me what is the current price is going on? Is the price fixed or negotiable?

My replies to this discussion
Hi, Deepak Panchdeep Renuka Mata by Deepak Construction located at Deolali, Nashik offer 2BHK residential apartment in 900 sq-ft and the current price is Rs. 2900/sq-ft. It will cost around Rs.26.10 lacs + additional charges. It is a G+2 storey apartment consists 125 units. Ye, the current price mentioned above is negotiable.Hi, Deepak Panchdeep Renuka Mata by Deepak Construction located at Deolali, Nashik offer 2BHK residential apartment in 900 sq-ft and the current price is Rs. 2900/sq-ft. It will cost around Rs.26.10 lacs + additional charges. It is a G+2 storey apartment consists 125 units. Ye, the current price mentioned above is negotiable.
My comments to replies
Hi, How much they are asking as a booking amount? When is the project possession date? Are they offering residential bungalow? Are sample flats are ready?
Hi Kishore, They are asking for Rs. 20% of the agreement value and rest of the 80% as an easy EMI. Flats are with ready possession. Yes, they are also offering Residential Bungalow in 1500 sq-ft and the price will be Rs. 3200/sq-ft and possession will be December'2014. Even the sample flats are ready for site visit.
1st September 2014
Your welcome Kishore, Nashik Municipal Corporation has approved this project and HDFC, Axis, LIC Housing Fin. Ltd., SBI, ICICI are the leading home loan provider.
1st September 2014

Q: If any owner is interested in selling a plot of sairung shrishti.

My comments to replies
Dear Sir/Madam, I am planning to purchase a 2 BHK house near Hinjewadi,Pune location.My budget is 45 Lakhs and I am planning to take a compact 2 BHK flat from 800 sq-ft -900 sq-ft with good amenities .Please suggest me which location I should target also please provide me some good project name in suggested location.
Well Abhishke, Wakad and Baner are two of the nearby localities to Hinjawadi which offers several 1 and 2BHK apartments under your budget. Both these areas are among the most preferred localities are good. In Baner the size of 1BHK ranges from 500-650 sq-ft while the covered area of 2BHK varies from 750-900 sq-ft. A 1BHK in Wakad is sized around 600-700 sq-ft while the size of 2BHK varies from 800-900 sq-ft.
16th September 2014

Q: hi did himgiri greens get all the necessary permission from cidco for development of land . is the title clear.? should I pay the booking amount they are asking full 20%. m worried as it's still not started construction n ll start in November . should I go for it?? pls advice.

My replies to this discussion
Hi, Can anybody give me the short review of this project? When is the delivery date?Hi, Can anybody give me the short review of this project? When is the delivery date?
My comments to replies
Hi, Can anybody give me the short review of this project? When is the delivery date?
Thanks Sunil, How is the locality of Khalapur? Which are its neighboring localities? What is the current residential property rate is going on in the locality?
4th September 2014

Q: Hi, I am planning to book. How is the neighbourhood of Lodha Tiara? As i am looking for a end use.

My comments to replies
Hi all, Is there any ongoing project happening by this developer in Thane? How long i have to wait for a good appreciation in this area?
Hello Arup, Some other projects by Lodha Group are Belmondo, Lodha Casa Rio, Lodha Code Name Secret 9, Lodha Bellezza Burlingame, Trump Tower Mumbai, Lodha Code Name 18th Avenue, Lodha Codename Superstar, Lodha Golf Links Ramano etc. General understanding is to hold a property for atleast 3-5yrs to fetch excellent returns.
5th September 2014

Q: After Lodha and Donald Trump's iconic collaboration to create high-end homes, many big players seem to be following this growing trend to take the Indian designer home space to the next level.

My comments to replies
Hi, The luxury market in India is on high. with celebrity architects and interior designers, becoming household names, it is the best time for design with international collaborations becoming the next big thing.
Hey Suresh, In the recent past, Gauri Khan had tied up with Pune's leading Developers, Kolte Patil to create 24K Glitterati Luxury Penthouses. This association was to create designer home space for Kolte Patil's haute, high end signature homes, afresh in the series of couture homes.
16th September 2014

Q: Trump Tower Mumbai, the first and only Trump project in the city, is under construction at a por­tion of the 18 acre Lodha Park

My comments to replies
Hi, Do you know that in his recent interview with the Forbes India magazine, Donald Trump told that the Mumbai Real Estate is unbelievably cheap, it is a great city of India and yet it is not priced like other comparable cities. It is priced lower than cities that are less important. That gives investors a tremendous amount of growth potential.
@Kejriwal, Yes, if you compared the price of Mumbai with New York you will find that in Mumbai, the average cost of a flat is Rs. 1.2 crore Whereas the price of a median home in New York stood at Rs. 3.15 crore.
16th September 2014
Yes, you are absolutely right, High inflation and interest rates have keep back home buyers in the past couple of years in Asia's third-largest economy, slowing home sales and lowering profits for the country's developers.
16th September 2014

HI, Can anybody tell me what are the options available in it and its price? Have they announced the project completion date?
Well Kishore, Trump Tower is a 75 story, 800 foot high rise apartment. The Tower will include 3/4 BHK residences with indoor Jacuzzis and a price tag expected to be around $80 million (Rs.4800000000 approx) and $100 million (Rs. 6000000000 approx) respectively( If 1 dollar = Rs. 60).An added plus: membership of a private jet service.
16th September 2014

Q: 1) I booked flat in CASA UNIVIS (Now CASA Splendora) TEIRRA- C 1802 in Aug'2009. 2) With the assurance of possession in March'2012 Sale agreement also prepared. However till date possession is not in place. 3) Every now and then their sales executive informed me new possession dates and now almost more than 2 years of delay there is no confirmation on possession date. 4) In line with agreement I have paid entire amount against builders demand letter. However at this stage, in spite of delay from builder side builder is not giving me compensation calculated @ rate of 12% per annum on the amount paid by me (part of agreement). 5) Builder informed me that this delay in completion project is, due to labour problem, getting CC is beyond their control and he is not responsible to pay for that. This argument is not at all acceptable as this is prime responsibility of any builder to take care such issues. 6) I am currently staying nearby locality on rental basis and paying heavily as a rent, in addition to it I am paying heavy EMI. 7) I want builder to give me compensation and handover flat as per the current confirmation i.e. Sep'2014

My replies to this discussion
Hi Mahesh, Hope you have adequate documents/papers to prove your allegations, If not, collect the same like brochure, assurance of the builder for early completion, Bank's refusal to pay installment for non completion of phase work, builder's charging interest for the said delay etc. After collecting all the evidence, file a complaint case before the local District Consumer Dispute Redressal Forum alleging deficiency in service and unfair business practice followed by the builder claiming immediate possession & registration of the flat and rent for the delayed period, interest, damage & litigation cost.Hi Mahesh, Hope you have adequate documents/papers to prove your allegations, If not, collect the same like brochure, assurance of the builder for early completion, Bank's refusal to pay installment for non completion of phase work, builder's charging interest for the said delay etc. After collecting all the evidence, file a complaint case before the local District Consumer Dispute Redressal Forum alleging deficiency in service and unfair business practice followed by the builder claiming immediate possession & registration of the flat and rent for the delayed period, interest, damage & litigation cost.
My replies to this discussion
Hello Sir, Better visit the developer's office ask for the legal documents, verify it whether there is any issue with this project or not, how is the locality, basic amenities, connectivity with the other parts of the city, transport facilities in the locality, quality of the construction and most important part is the registration paper. Then you should approach for buying the project.Hello Sir, Better visit the developer's office ask for the legal documents, verify it whether there is any issue with this project or not, how is the locality, basic amenities, connectivity with the other parts of the city, transport facilities in the locality, quality of the construction and most important part is the registration paper. Then you should approach for buying the project.
Q: Where is the Project Amara City exactly located?

My replies to this discussion
Thanks Priya, How is the developer's track record? Can i get a details of their ongoing, upcoming and completed projects?Thanks Priya, How is the developer's track record? Can i get a details of their ongoing, upcoming and completed projects?
Q: I have a 1 BHK 385 sq. ft. carpet, 510 sq. ft built up in Lower Parel (E). It is one minute walk from both Lower Parel (E) and Currey Road (W) station. The building is 12 years old. Two-wheeler parking is covered. 24 hour water, Lift, security and cctv. How much can I expect out of this flat?
My replies to this discussion
Hi Kishan, Since the current price trend in the locality is between 33000-36000/sq-ft. and your building age is 12 yrs. old so, anywhere around 29000-30000/sq-ft is a good price for resale.Hi Kishan, Since the current price trend in the locality is between 33000-36000/sq-ft. and your building age is 12 yrs. old so, anywhere around 29000-30000/sq-ft is a good price for resale.
My comments to replies
Hi all, Lower Parel is a prime commercial business centre in south Mumbai. It is also called Upper Worli. The property prices in the locality range between Rs 30000 to 33000/sq-ft. Prime location and the Worli Sea Link make Lower Parel one of the most sought-after areas in Mumbai.
As far as it connectivity is concerned it has good connectivity with other parts of Mumbai, improved infrastructure adds value to the investments made by the richer section. The Worli Sea Link has not only opened the road for good connectivity between Bandra and Lower Parel Upper Worli but has also brought new opportunities in luxury housing as well. Lower Parel or Upper Worli is an suitable location for rich professionals working in Mumbai. While it has the high class charm of South Mumbai, its location makes it very convenient 20 minutes from Nariman Point, 15 minutes from BKC and 20 minutes from the airport.
11th November 2014

Q: 1) I want to purchase 2 BHK or 3 BHK flats, but I am confused, please help me? My Budget is around 35 Lac, Location-Jaipur 2) Either I want to purchase big projects like Mahima, Magalam etc. or Private builder's project G+2 or G+3? 3) Which one area I choose, either Jagatpura or Patrakar Colony? 4) What are the future aspects? 5) I want to purchase for good project so that I can live there.
My replies to this discussion
HI, For investment we would suggest you to go for Ajmer Road or near by colonies, as this is a 8 lane expressway and 80% of Rajasthan is on this side. Coming five years seems to be very promising on Ajmer Road as further development of Mahindra Sez will take place. Because Patrakar Colony will be the best for end use.HI, For investment we would suggest you to go for Ajmer Road or near by colonies, as this is a 8 lane expressway and 80% of Rajasthan is on this side. Coming five years seems to be very promising on Ajmer Road as further development of Mahindra Sez will take place. Because Patrakar Colony will be the best for end use.
Q: I am planning to buy a 2BHK flats in 1075 sq-ft. in Kaustubh Sun Moon CHS Ltd. Borivali East, Mumbai.
My replies to this discussion
Hi Kishore, Yes, same flats are ready for the site visitor. Sun Moon CHS LTD Bldg 12 is an exceptional project with grand and majestic facilities.Hi Kishore, Yes, same flats are ready for the site visitor. Sun Moon CHS LTD Bldg 12 is an exceptional project with grand and majestic facilities.
My comments to replies
Hi, How is the project locality and the connectivity? Which are the main attraction of Borivali West? How is the transport facilities in the locality?
Hi Arup, Borivali East is a suburb of Mumbai and is located in the north-western side of the city. Divided by the Western Line, Borivali East and Borivali West are two areas in the western suburb. The main attraction of Borivali West is the Sanjay Gandhi National Park. Borivali East is well-connected to other parts of the city via the Western Express Highway and SV Road. The locality is served by BEST Buses. Abhinav Nagar, Omkareshwar Mandir and Kajupada Borivali are some of the bus stops located close to the area. Borivali is also a station on the Mumbai Suburban Railway Network. To enhance connectivity, a monorail line and a metro in the area have also been proposed.
9th October 2014

Hi, Can anyone tell me the different sizes available in 1/2 BHK and its current price per square foot? What is the cost of a 2BHK all including?
Hi Shrikant, Sun Moon CHS Ltd. Bldg. 12 by Kaustubh Construction Pvt. Ltd. located at Rajendra Nagar, Dattapada Road, Borivali East, Mumbai. It offers 1/2 BHK residential apartments. 1BHK from 730-760 sq-ft. and 2BHK in 1075 sq-ft. The current price per square foot is Rs. 11000. The cost of 2BHK in 1075 sq-ft will be Rs. 1.3 Cr. all including.
9th October 2014

Thanks Vinay, Which local body has approved this project and the leading financial institutions offering loan for this project? How much they are charging for the booking amount?
Your welcomeShrikant, Kaustubh Sun Moon CHS Ltd. Bldg.12 is a BMC approved project and almost all the leading banks and financial institutions are offering loan for this project. They are charging 40% of total value of the property as a booking amount and rest of the 60% in easy EMI.
9th October 2014

How much they are charging for the car parking? Is there any floor rise price charges? is the above mentioned price is negotiable?
Well Shrikant, Car parking charges will be Rs. 6 lacs.(covered) and Rs. 50/sq-ft will be floor rise charges. Yes, the above mentioned price is negotiable depends on how much you paying at the time of registration.
9th October 2014

Q: Hi, is the parking charges included in basic sale price of Mega Ista, Ulwe in Navi Mumbai?
My replies to this discussion
Hi all, I am planning to book a 2BHK in 1071 sq-ft. What is the current price they are quoting? Can i get a short review of this project?Hi all, I am planning to book a 2BHK in 1071 sq-ft. What is the current price they are quoting? Can i get a short review of this project?
My comments to replies
Hi all, I am planning to book a 2BHK in 1071 sq-ft. What is the current price they are quoting? Can i get a short review of this project?
Thanks Arup, What is the cost of a 2BHK all exclusive? What will be the booking amount? Is the above mentioned price is negotiable? When is the date of possession?
10th October 2014

Q: Possession status of Baba Solitaire, Vashi, Navi Mumbai?
My replies to this discussion
Well Ashish, What is the scope for property in khargahr and what would be the future rates in kharghar after 5 years? Is it good investment?Well Ashish, What is the scope for property in khargahr and what would be the future rates in kharghar after 5 years? Is it good investment?
Hi, I would like to know rent of 3 BHK residential apartment in Vashi, Navi Mumbai.Hi, I would like to know rent of 3 BHK residential apartment in Vashi, Navi Mumbai.
Q: Mahindra Lifespaces Developers, the real estate arm of Mahindra Group, on 10.10.2014 launched its 2nd affordable housing project in Mumbai.

My comments to replies
How much return one can expect in next 2-3 years?
Hi, Boisar Location is upcoming. East side of station where it is all Jungle, about 2.5 kms from station by Shared Auto, Barren land was under development by Tata. West is well developed but again majority population is low wages or salaried class so do not expect Rental or Appreciation returns.
14th November 2014

Hi Amreesh, Currently, Urban India has an estimated 19 million families either living in slums or in low income neighbourhood on rent and this housing loss is likely to rise to 38 million by 2030. Targated at large, under served home ownership market in India. Mahindra Lifespace Happinest spread over 14 acres, it offers 1RK, 1BHK and 2BHK apartments in the range of 351 sq-ft to 695 sq-ft.
As far as its connectivity is concerned it also offers seamless connectivity to Mumbai and Gujrat by local and outstation trains. The proposed Delhi Mumbai Industrial corridor will also be in the vicinity. all the basic facilities such as railway station, bus stands, hospitals, schools and colleges in close proximity.
14th November 2014

My comments to replies
Hi everybody, I would like to invest in either Thane, Panvel or Pune as my budget is rather limited and this is for investment purposes only. I do not plan to live in the property as I would like to sell it after a few years post appreciation. What do you recommend?
Hi Sunil, Thane is in the process of gradually pick up the equal worth status on par with western town like kandivili and Borivili. It will achieve that in the coming few years. But in your budget finding something good will be difficult in Thane. I personally feel that the in your limited budget extended western suburbs of Vasai and Virar would give better returns. Try and buy close to the stations even a 1RK will bring good returns.
14th November 2014

Q: Please suggest if it is advisable to invest in Kalyan shil road on Marathon Nextown?

My replies to this discussion
Hello Kishore, you are not required to pay anything that is not written or mentioned in the agreement/sale deed. Better, take the advice of a legal expert before paying any charges.Hello Kishore, you are not required to pay anything that is not written or mentioned in the agreement/sale deed. Better, take the advice of a legal expert before paying any charges.
Q: Its says BKC crossing but is actually located at Kurla West

My replies to this discussion
Yes, You are absolutely right. But still there are few units unsold so they wanted to give some special offer on it that's why they are again relaunching this project adding few more units in it. Established in 2003, Omkar is a leading real estate company headed by its Chairman, Mr. Kamal Kishore Gupta. The construction portfolio of Omkar Builders and developers includes residential and commercial properties.In addition to this, the company also works for infrastructure, oil exploration and shipping sectors.Omkar real estate aims to construct land spaces 20 million sq. ft. in Mumbai Metropolitan Region in the near future.Yes, You are absolutely right. But still there are few units unsold so they wanted to give some special offer on it that's why they are again relaunching this project adding few more units in it. Established in 2003, Omkar is a leading real estate company headed by its Chairman, Mr. Kamal Kishore Gupta. The construction portfolio of Omkar Builders and developers includes residential and commercial properties.In addition to this, the company also works for infrastructure, oil exploration and shipping sectors.Omkar real estate aims to construct land spaces 20 million sq. ft. in Mumbai Metropolitan Region in the near future.
Well Ashish, Even the locality has excellent connectivity to the other parts of the city through the Lal Bahadur Shastri Marg formerly known as the Old Agra Road is the major road that provides smooth connectivity to Kurla West. The road begins at the southern end of Salsette Island and passes through Kurla and continuing up north into Ghatkopar towards Thane. The Eastern Express Highway is the lifeline for Kurla East which runs from Sion Causeway in the south to Mulund in the North. In addition to major roads and highways, Kurla is well-connected to BEST buses and Maharashtra State Transport buses.Well Ashish, Even the locality has excellent connectivity to the other parts of the city through the Lal Bahadur Shastri Marg formerly known as the Old Agra Road is the major road that provides smooth connectivity to Kurla West. The road begins at the southern end of Salsette Island and passes through Kurla and continuing up north into Ghatkopar towards Thane. The Eastern Express Highway is the lifeline for Kurla East which runs from Sion Causeway in the south to Mulund in the North. In addition to major roads and highways, Kurla is well-connected to BEST buses and Maharashtra State Transport buses.
Q: Hi, How is the project Neminath Imperia in Andheri West, Mumbai? Is the locality good for investment?

My replies to this discussion
Hi, Even i am planning to book a property of this project? How is the price appreciation in Andheri East and West? Is the price mentioned above is applicable in this project?Hi, Even i am planning to book a property of this project? How is the price appreciation in Andheri East and West? Is the price mentioned above is applicable in this project?
I heard that that in this Diwali they are giving some bumper offers to its new customer?I heard that that in this Diwali they are giving some bumper offers to its new customer?
Q: Hi Everyone, I am planning to rent a 2 bhk apartment in Mumbai City. Where to rent a spacious 2 bhk apartment?

My replies to this discussion
Kandivali is another western suburb situated close to Goregaon, Malad and Andheri. The locality has good connectivity and accessibility to different suburbs via road and rail. Kandivali East provides a good variety of rental accommodations catering to various budget and space preferences. One may rent a spacious 2BHK apartment for a monthly rent of Rs 25,000-30,000Kandivali is another western suburb situated close to Goregaon, Malad and Andheri. The locality has good connectivity and accessibility to different suburbs via road and rail. Kandivali East provides a good variety of rental accommodations catering to various budget and space preferences. One may rent a spacious 2BHK apartment for a monthly rent of Rs 25,000-30,000
My comments to replies
Hi Vinay, Delays in construction of residential projects are common in India. Developers include a grace period, generally 6 months, in their agreement with buyers. Most homebuyers take a delay of 6-12 months as granted. Sometimes, possession is delayed even beyond the expected time period. What is the right step one should take? Advice me....
Well Siddharth, Buyers have little say in booking agreements. The penalties for delay in payments by buyers are mentioned explicitly but obligations of timely delivery by builders are played down. Try to talk with the builder and ask him for the compensation. You will get your money back with interest for sure.
6th November 2014

My replies to this discussion
Hi all, The current available quote for Tata Aveza is Rs. 12250/sq-ft base + 75 floor rise. It seems really high for considering this is Mulund East. When is the project possession date and which all banks are funding this project?Hi all, The current available quote for Tata Aveza is Rs. 12250/sq-ft base + 75 floor rise. It seems really high for considering this is Mulund East. When is the project possession date and which all banks are funding this project?
Hi, Here is detailed information about the payment plans:- on booking Rs. 1 lac as a application money for Tower A/B/C, Ist installment - 12.5% - AM 15 days from date of allotment fro tower A/B/C, 2nd installment - 7% - 45 days from date of allotment for tower A/B/C, 3rd installment - 10% - 120 days from date of allotment, 4th installment - 10% - completion of piling works for tower A and plinth works for tower B/C, 5th installments - 10% - completion of podium 4 for tower-A and completion of 4th floor for tower- B/C, 6th installment - 10% completion of 6th floor for tower-A and 10th floor for both tower B/C.Hi, Here is detailed information about the payment plans:- on booking Rs. 1 lac as a application money for Tower A/B/C, Ist installment - 12.5% - AM 15 days from date of allotment fro tower A/B/C, 2nd installment - 7% - 45 days from date of allotment for tower A/B/C, 3rd installment - 10% - 120 days from date of allotment, 4th installment - 10% - completion of piling works for tower A and plinth works for tower B/C, 5th installments - 10% - completion of podium 4 for tower-A and completion of 4th floor for tower- B/C, 6th installment - 10% completion of 6th floor for tower-A and 10th floor for both tower B/C.
Well Sunil, Mulund East is a suburb located in the north-eastern part of Mumbai, Maharashtra. It is the first planned suburb of Mumbai and is situated to the south-east of the Sanjay Gandhi National Park. It has very close proximity to the Eastern Express Highway, the Phase-1 Metro Project is within 10 mins away, the Domestic Airport - 35 mins away, Airoli Bridge is approximately 7 mins from the project. There are 950 nos of flats going to develop under this project.Well Sunil, Mulund East is a suburb located in the north-eastern part of Mumbai, Maharashtra. It is the first planned suburb of Mumbai and is situated to the south-east of the Sanjay Gandhi National Park. It has very close proximity to the Eastern Express Highway, the Phase-1 Metro Project is within 10 mins away, the Domestic Airport - 35 mins away, Airoli Bridge is approximately 7 mins from the project. There are 950 nos of flats going to develop under this project.
Q: I have purchase a flat in Oyster saket city kalyan, builder told me will give possession by March 14, nut its more than 1 year not giving any fixed date for possession.

My replies to this discussion
Hi Praveen, How is the project connectivity? And i also want to know about the locality? What is the current residential property rate is going on in the locality?Hi Praveen, How is the project connectivity? And i also want to know about the locality? What is the current residential property rate is going on in the locality?
My replies to this discussion
Hi folks, I want to share some current updates on this project as i have booked a flat in it. Tirupati Balaji Arcade by Tirupati Balaji Builcon Pvt. Ltd.strategically located at Usarli Khurd, Vichumbe, New Panvel. It offers 1RK+1/2BHK residential flats. 1RK from 350-400 sq-ft., 1BHK from 500-750 sq-ft. and 2BHK from 655-1000 sq-ft. Its current price quoted by the developer is Rs. 4000/sq-ft. but negotiable and you can get a good deal on it up-to 3700/sq-ft.Hi folks, I want to share some current updates on this project as i have booked a flat in it. Tirupati Balaji Arcade by Tirupati Balaji Builcon Pvt. Ltd.strategically located at Usarli Khurd, Vichumbe, New Panvel. It offers 1RK+1/2BHK residential flats. 1RK from 350-400 sq-ft., 1BHK from 500-750 sq-ft. and 2BHK from 655-1000 sq-ft. Its current price quoted by the developer is Rs. 4000/sq-ft. but negotiable and you can get a good deal on it up-to 3700/sq-ft.
Hi Arup, I am also planning to book a flat of this project. Can you tell me which are the banks approved this project for home loan? How is the project connectivity to the other parts of the city?Hi Arup, I am also planning to book a flat of this project. Can you tell me which are the banks approved this project for home loan? How is the project connectivity to the other parts of the city?
My comments to replies
Hi folks, I want to share some current updates on this project as i have booked a flat in it. Tirupati Balaji Arcade by Tirupati Balaji Builcon Pvt. Ltd.strategically located at Usarli Khurd, Vichumbe, New Panvel. It offers 1RK+1/2BHK residential flats. 1RK from 350-400 sq-ft., 1BHK from 500-750 sq-ft. and 2BHK from 655-1000 sq-ft. Its current price quoted by the developer is Rs. 4000/sq-ft. but negotiable and you can get a good deal on it up-to 3700/sq-ft.
There will be 3000+ flats under G+4 storey apartment. It has 15 towers and Phase-4 has 7 buildings, Phase-3 will have 22 buildings, Phase-2 will have 30 buildings and Phase-1 named Balaji Govind Dham will have 16 buildings and its possession will be December,2017. Phase-3 and 2 has been sold out. They are giving possession of Balaji Kashish Park in December,2016.
25th August 2015

Hi Vinay, If i go for it can i get the required approval? Which all banks are funding this project?
Tirupati Balaji Arcade is a Township project and it comes under CIDCO. They have submitted the paper and waiting for the CIDCO approval. Once they will get the required approval, construction work will start. Almost all the nationalize and private banks are funding this project, one can get 80% of the property value as a home loan.
25th August 2015

Hi, I have booked a 1 BHK flat in Phase -2 but still there is no work going on...I have visited the site from jan 2015 but till now same situation is there...can u tell me expected date of possession . also tell me all papers are clear for this project or not??
Right Rakshit, Refunds can be claimed if a project is delayed beyond the period stipulated in the agreement. One can file a case in the consumer disputes redressal commissions at the district, state and national levels.
13th October 2015

Q: I've invested in Dream Sai Elegance, a project by Dream Developers, plot 267, sector 17, Ulwe, Navi Mumbai. I hope its a trustworthy and genuine developer by God grace. Please share your inputs.

My replies to this discussion
Hi everybody, I have a budget of 30-40 lacs and open for investment in real estate in any of the cities like mumbai, pune, delhi-ncr, chennai. Which city and area would give better returns in 5 years.I have broadly shortlisted areas like ulwe/karanjade/taloja(mumbai), kelambakkam on OMR road (chennai), tathawade(pune) and noida extension in ncr.. Please help in which one would be easy to resale and would fetch good appreciation for medium to long tem investment of 30-40 lacs.Hi everybody, I have a budget of 30-40 lacs and open for investment in real estate in any of the cities like mumbai, pune, delhi-ncr, chennai. Which city and area would give better returns in 5 years.I have broadly shortlisted areas like ulwe/karanjade/taloja(mumbai), kelambakkam on OMR road (chennai), tathawade(pune) and noida extension in ncr.. Please help in which one would be easy to resale and would fetch good appreciation for medium to long tem investment of 30-40 lacs.
My replies to this discussion
At the same time pre-launch and new launch are too risky even if its a good builder. Prices are too high for others that are close to completion. Good area is also another issue. So, many projects that I felt look good find that area is not great or builder has some issues with approvals etc.At the same time pre-launch and new launch are too risky even if its a good builder. Prices are too high for others that are close to completion. Good area is also another issue. So, many projects that I felt look good find that area is not great or builder has some issues with approvals etc.
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.

My replies to this discussion
Do you know Nishant? Mumbai is the top most in ranking among the cities in the survey. There is certainly a positive energy added by the expectation of an improved economy and a more transparent environment, keeping interest levels up among investors. Do you know Nishant? Mumbai is the top most in ranking among the cities in the survey. There is certainly a positive energy added by the expectation of an improved economy and a more transparent environment, keeping interest levels up among investors.
You are right Nishant, Most of this new capital being raised is targeted at residential projects. The improvement in understanding of decision makers including fund managers, occupiers and developers is expected to bring more liquidity to the sector and this may ease cost of capital for realty developers marginally. You are right Nishant, Most of this new capital being raised is targeted at residential projects. The improvement in understanding of decision makers including fund managers, occupiers and developers is expected to bring more liquidity to the sector and this may ease cost of capital for realty developers marginally.
While in New Delhi, commercial properties were already witnessing a bounce back on the back of a rise in leasing activities, before the 2014 general elections. The PWC-ULI report is based on survey responses from over 380 executives working for fund houses property developers, investors, realty services firms, banks, investment managers, etc. While in New Delhi, commercial properties were already witnessing a bounce back on the back of a rise in leasing activities, before the 2014 general elections. The PWC-ULI report is based on survey responses from over 380 executives working for fund houses property developers, investors, realty services firms, banks, investment managers, etc.
Q: Mumbai-based real estate developer Omkar Realtors and Developers Pvt. Ltd. is in talks to raise Rs.400 crore from KKR India Asset Finance Pvt. Ltd.

My replies to this discussion
Do you know Nishant? DIC is the largest shareholder of listed firm DIC Asset AG , which focuses on managing existing assets rather than developing new office space and retail buildings. KKR has appointed DIC Asset's Chief Executive Ulrich Hoeller to head GEG and is planning to invest its own capital as well as third-party money. Do you know Nishant? DIC is the largest shareholder of listed firm DIC Asset AG , which focuses on managing existing assets rather than developing new office space and retail buildings. KKR has appointed DIC Asset's Chief Executive Ulrich Hoeller to head GEG and is planning to invest its own capital as well as third-party money.
German Estate Group AG (GEG), which will focus on commercial real estate, will take over the operating business and 40 staff from real estate developer Deutsche Immobilien Chancen (DIC), KKR and DIC said in a joint statement on 14.01.2015.German Estate Group AG (GEG), which will focus on commercial real estate, will take over the operating business and 40 staff from real estate developer Deutsche Immobilien Chancen (DIC), KKR and DIC said in a joint statement on 14.01.2015.
Hi all, Do you know that US buyout group KKR said it is entering the German property market, setting up a business that a person familiar with the transaction said planned to invest 5 billion euros ($5.9 bln) over the next 5 years.Hi all, Do you know that US buyout group KKR said it is entering the German property market, setting up a business that a person familiar with the transaction said planned to invest 5 billion euros ($5.9 bln) over the next 5 years.
Q: Hey people, i'm moving to Mallampet in Hyderabad after my marriage and was hoping that you would provide me some information about the locality.

My replies to this discussion
Hey there buddy, i have been living in the locality for the past 5 years and my experience has been lovely. THe area has wide roads, and well planned layout. Also the area has police stops and well lit roads, which make it ideal for families and kids.Hey there buddy, i have been living in the locality for the past 5 years and my experience has been lovely. THe area has wide roads, and well planned layout. Also the area has police stops and well lit roads, which make it ideal for families and kids.
Q: Before taking loan on mortgaging, it is crucial to understand its pediculous.
My replies to this discussion
HI Shrikant, Is it possible to mortgage property when loan is on? How is helps the financier and the customer? Can we take a loan without offering a mortgage?HI Shrikant, Is it possible to mortgage property when loan is on? How is helps the financier and the customer? Can we take a loan without offering a mortgage?
What happens when a borrower unable to repay the loan? Is there any outcome for the borrower?What happens when a borrower unable to repay the loan? Is there any outcome for the borrower?
Thanks for the valuable information Shrikant, What will be the rate on mortgage property? Would loans to purchase homes be cheaper than Loan Against Properties?Thanks for the valuable information Shrikant, What will be the rate on mortgage property? Would loans to purchase homes be cheaper than Loan Against Properties?
If someone has surplus funds can pay the entire loan amount. Is it necessary to serve the whole repayment period?If someone has surplus funds can pay the entire loan amount. Is it necessary to serve the whole repayment period?
Q: The possession is late more more than a year. The builder didn't even inform about the issue. I suggest don't invest in Jalan projects. Your investment will be at risk.
My replies to this discussion
HI all, The price per square feet in the Neo City is between Rs 4032 and Rs 4039. The covered area is between 864 sq-ft and 885 sq ft. The price range for apartments in this property is between Rs 34.90 lakhs to Rs 35.69 lakhs.HI all, The price per square feet in the Neo City is between Rs 4032 and Rs 4039. The covered area is between 864 sq-ft and 885 sq ft. The price range for apartments in this property is between Rs 34.90 lakhs to Rs 35.69 lakhs.
My replies to this discussion
Yes Shrikant, A division bench of Chief Justice Mohit Shah and Justice Burgess Colabawalla, however, refused to grant any relief to the trust now comprising the grandsons of the original owner that had challenged the government's decision to nominate the plots as slum land and acquire it for redevelopment.Yes Shrikant, A division bench of Chief Justice Mohit Shah and Justice Burgess Colabawalla, however, refused to grant any relief to the trust now comprising the grandsons of the original owner that had challenged the government's decision to nominate the plots as slum land and acquire it for redevelopment.
But considering the fact that over 400 families of slum dwellers were waiting for resettlement, it asked the developers whether they were ready to pay a compensation of Rs 2.17 cr to the family. The amount was calculated as 25% of the 2005 ready calculator rate for the land the premium the society of slum dwellers would have had to pay if the land was owned by the government. The developers agreed.But considering the fact that over 400 families of slum dwellers were waiting for resettlement, it asked the developers whether they were ready to pay a compensation of Rs 2.17 cr to the family. The amount was calculated as 25% of the 2005 ready calculator rate for the land the premium the society of slum dwellers would have had to pay if the land was owned by the government. The developers agreed.
Earlier the family approached the HC against the acquisition in 2008. The developers claimed that they had spent over Rs 50 crore on the project, including on rent for 239 of the 412 families who had vacated their houses and were provided temporary accommodation.Earlier the family approached the HC against the acquisition in 2008. The developers claimed that they had spent over Rs 50 crore on the project, including on rent for 239 of the 412 families who had vacated their houses and were provided temporary accommodation.
Q: How is this project, any idea? Can you tell me the builder's name, is thre any website i can refer to?

My replies to this discussion
@Abhijit, But this project is ready to move in since May'2014. Can you tell me about the project locality? What is the ongoing residential property rate is going on in the locality?@Abhijit, But this project is ready to move in since May'2014. Can you tell me about the project locality? What is the ongoing residential property rate is going on in the locality?
Q: I've heard the "nala" behind A-wing makes a bad smell, especially during rainy season. Can a resident of A-wing comment on this?Is it limited to certain floors?

My replies to this discussion
Well Shntanu, If you are having flat in vashi and Nerul area than its good , I think if metro comes in Navi Mumbai than appreciation value of the property is going to be high , Living in New Mumbai is good because its a Pre-planned city and has good access to everywhere, but every week there are problems appearing with local trains delay, and technical problems.Well Shntanu, If you are having flat in vashi and Nerul area than its good , I think if metro comes in Navi Mumbai than appreciation value of the property is going to be high , Living in New Mumbai is good because its a Pre-planned city and has good access to everywhere, but every week there are problems appearing with local trains delay, and technical problems.
Q: Hi, which area in Navi Mumbai is the best for investment as well as for end use? How much appreciation i can get in 3-5 years? As i am planning for property investment in Navi Mumbai.

My comments to replies
Hi everybody, Which is the best area for investment within the budget of 40-45 lakhs? I am a bank employee and currently living in Bngalore but want to shift due to transfer. Any good area for end users?
Hello Rameshwari, Mira Road is a fast growing real estate hotspot in the Mumbai Metropolitan Region (MMR) in recent times. The area emerged as a destination for affordable housing in Mumbai a few years ago. The area grew rapidly due to its great connectivity to prime suburbs of MMR and its affordable property prices, and emerged into a fully developed area. It continues to be popular among the middle income group for both purchase and rent. Considering the planned infrastructure initiatives and the increasing demand for housing, one can expect a considerable growth in the area’s real estate market in the near future.
14th July 2015

Q: I had booked two years back. Nothing is moving ahead. Feeling cheated. Can anybody help to update the actual status?

My comments to replies
I have also booked a flat in monarch greenscape more than 2 years back and till date not receiving any proper answer, I had booked it thur any agent and have the allotment letter but the agent is saying that the builder doesn't have money and will start the work soon and even he is tell me that the builder wants to refund the money without interest. I feel I have been cheated and planing to look for a advocate. Contact pavalankar@gmail.com
Hi Sadanand, Really sad, but that is what happens when buyers gives money to builders at pre-launch / under construction project. That's why always try to buy Ready-To-Move or even if Under Construction, atleast there should be proper visibility of the delivery (I normally recommends that only if the slabwork is completed and better still if the brickwork is almost halfway if not completed.) I am against of pre-launch or where the construction has barely began. For me it is too risky. But I agree that different people have different thoughts.
26th June 2015

Q: Hi, What are the problems with Mumbai's coastal road plan?

My replies to this discussion
Hi Shrikant, How will the coastal road affect the coastal communities and ecology?Hi Shrikant, How will the coastal road affect the coastal communities and ecology?
Well Shrikant, Why will coastal road not help in traffic decongestion?Well Shrikant, Why will coastal road not help in traffic decongestion?
Q: Hi, why Panvel in MMR emerged as affordable regions for people who want to buy houses in Mumbai?
My replies to this discussion
Hi Ravi, Panvel is an area in MMR that has been consistently witnessing launches flat in the economical range. The area carried on the trend with a good number of unit launches during the 3rd qtr of 2014 with 1 and 2BHK flats. The average built up area of a 1BHK unit was about 620 sq-ft while that of a 2BHK unit was about 820 sq-ft. The approx. price of a 1BHK unit was about Rs 25 lakh while a 2BHK unit cost about Rs 33 lakh. Hi Ravi, Panvel is an area in MMR that has been consistently witnessing launches flat in the economical range. The area carried on the trend with a good number of unit launches during the 3rd qtr of 2014 with 1 and 2BHK flats. The average built up area of a 1BHK unit was about 620 sq-ft while that of a 2BHK unit was about 820 sq-ft. The approx. price of a 1BHK unit was about Rs 25 lakh while a 2BHK unit cost about Rs 33 lakh.
Hi Dayananda, There are specific areas in the Mumbai Metropolitan Region that appeared as affordable locations for people who want to buy houses in Mumbai. Most of these locations are centered in the peripheral areas of MMR. Panvel in Navi Mumbai is one such area. The area witnessed a good number of apartment launches during the 3rd qtr, of which maximum supply was in the affordable category.Hi Dayananda, There are specific areas in the Mumbai Metropolitan Region that appeared as affordable locations for people who want to buy houses in Mumbai. Most of these locations are centered in the peripheral areas of MMR. Panvel in Navi Mumbai is one such area. The area witnessed a good number of apartment launches during the 3rd qtr, of which maximum supply was in the affordable category.
My comments to replies
Hi Dayananda, There are specific areas in the Mumbai Metropolitan Region that appeared as affordable locations for people who want to buy houses in Mumbai. Most of these locations are centered in the peripheral areas of MMR. Panvel in Navi Mumbai is one such area. The area witnessed a good number of apartment launches during the 3rd qtr, of which maximum supply was in the affordable category.
Hi Anirudh, South Mumbai and western suburbs are specifically desired by high networth people and business individuals. With the property prices in suburban Mumbai and South Mumbai reaching the sky, Panvel appeared as a hot spot for affordable housing. While the major reason for the area being affordable is its peripheral location, there are several factors operating Panvel's realty market. It is the most populated area in Raigad district and is considered the gateway of the Konkan region.
4th April 2015

Q: Hi, which factors drive the realty market of Navi Mumbai? Can you list the name of some localities that are becoming realty hotspots in Navi Mumbai?
My replies to this discussion
Hi Ketal, There is a good growth in the area in terms of connectivity, with several proposed infrastructure projects to improve its connectivity to the main cities of Mumbai and Thane. Similarly, the Navi Mumbai International Airport, which will augment the airport in Mumbai, is coming up in the New Panvel area. There are also few other infrastructure projects coming here. Kamothe is close to both Kharghar and Panvel and lies on the Mumbai-Pune Expressway.Hi Ketal, There is a good growth in the area in terms of connectivity, with several proposed infrastructure projects to improve its connectivity to the main cities of Mumbai and Thane. Similarly, the Navi Mumbai International Airport, which will augment the airport in Mumbai, is coming up in the New Panvel area. There are also few other infrastructure projects coming here. Kamothe is close to both Kharghar and Panvel and lies on the Mumbai-Pune Expressway.
My comments to replies
Hi, Several factors drive the realty of Navi Mumbai. As realty hotspots, these localities witness a good number of projects being launched every year. Panvel is one such hotspot that offers the highest number of fresh projects, with a property age of approximately 2 yrs. There are various localities in Navi Mumbai that are becoming realty hotspots. Currently, some of the brilliant real estate micro-markets include Kharghar, Kamothe and Panvel.
Right Anirudh, This is mainly due to factors such as industrial growth, connectivity, improving infrastructure and affordability factor. For example, Kharghar is an important industrial area in the Navi Mumbai region, with several employment opportunities.
5th April 2015

Q: Good news for property buyers! The Union Cabinet has approved the Real Estate Development and Regulation Bill along with certain key amendments.
My replies to this discussion
Hi, In our view Bangalore will be the least affected. Delhi/NCR too will possible take a hit on account of the new regulations, but the impact should be lower than in Mumbai as project registration before launch is mandatory in Gurgaon and Noida. Because most of the issues related to real estate happened in Mumbai.Hi, In our view Bangalore will be the least affected. Delhi/NCR too will possible take a hit on account of the new regulations, but the impact should be lower than in Mumbai as project registration before launch is mandatory in Gurgaon and Noida. Because most of the issues related to real estate happened in Mumbai.
My comments to replies
Hi all, I think you have made a lot of discussion on Real estate bill but my question to you all that why real estate Ponzi scheme will continue despite new Real Estate Bill?
Well Vasanth, Between 2013, when the bill was first presented and now the real estate market has been able to decrease the 70% level to 50%. This means that the real estate companies can still use 50% of the money raised against a particular project for other things. And this will efficiently make sure that the real estate Ponzi scheme will continue.
22nd April 2015

Hi everybody, What is a well-balanced view on the suggested changes to the Land Acquisition Act of 2013? Are experts and opponent right that these changes are anti-farmers? Or are farmers being misguide?
Hi Arushisha, The main question goes around the 5 types of projects being exempted in the new Bill from 70% approval of communities. As the projects important to national safety, rural infrastructure including electrification, affordable housing and housing for the poor, industrial corridors, and infrastructure projects including ones under PPP where the ownership of land continues to vest with the government.
27th April 2015
This mean that the establishment of the regulator for protecting home buyers would get delayed further. Why there is a delay in passing the bill?
6th May 2015

Q: What are the pros and cons of land acquisition bill ?

My replies to this discussion
Good morning everyone, Yesterday morning, there was a news on Land Acquisition Bill that deals with the developers who have termed the center's move to let the land acquisition bill fall through as "disastrous". According to them the decision will affect infrastructure projects like the coastal road, the nuclear power project at Jaitapur and other industrial projects across the state. Even national projects such as the industrial corridor will face difficulties. Land acquisition for railways, airports and power plants will be difficult.Good morning everyone, Yesterday morning, there was a news on Land Acquisition Bill that deals with the developers who have termed the center's move to let the land acquisition bill fall through as "disastrous". According to them the decision will affect infrastructure projects like the coastal road, the nuclear power project at Jaitapur and other industrial projects across the state. Even national projects such as the industrial corridor will face difficulties. Land acquisition for railways, airports and power plants will be difficult.
Bilkul Sahi Kaha Bhai......App to Finance Minister Ki Boli Bol Rahe Ho....... Yesterday, Finance Minister replied back to the developers saying, let the land acquisition ordinance to lapse is not a setback for the government and the alternative route adopted by the Centre will provide greater flexibility to the states to deal with the issue.Bilkul Sahi Kaha Bhai......App to Finance Minister Ki Boli Bol Rahe Ho....... Yesterday, Finance Minister replied back to the developers saying, let the land acquisition ordinance to lapse is not a setback for the government and the alternative route adopted by the Centre will provide greater flexibility to the states to deal with the issue.
Q: What is the current status of the project "Gurukrupa marina Enclave"? Has the construction work started?
My comments to replies
Yes, the construction work of Gurukrupa Marina Enclave, Malad West, Mumbai in full pace and it is said by their sales person that 16-17 flats are ready.
Hi Arup, I am interested in this project. can you share some details such as unit sizes and price/sq-ft and nos. of unit of this project? It will really help me a lot.
20th April 2015

As per the sale guy, Marina Enclave by Gurukrupa Group, Malad West is a G+23 storey apartment consists 1500 flats in two phases. In Phase-1/2 there will be around 750 flats each. This project is spread over 11 acres of huge land parcel.
Thanks Arup, Are the sample flats ready? What is the current price per square feet is going on? Is there any floor rise charges? When is the project possession date?
20th April 2015

Q: Hi, I am planning to buy a flat of this project. What are the price they have quoted for floor rise?

My replies to this discussion
Hi Dev, It is Rs. 95/sq-ft above 4th floor. Keemaya Heights, Andheri West, Mumbai, has some great USP. 1) It is located in the prime location of Andheri West, 2)Fantastic view of Andheri Sports Complex and a large public ground nearby 3) Multiple departmental stores and malls within 1 km radius.Hi Dev, It is Rs. 95/sq-ft above 4th floor. Keemaya Heights, Andheri West, Mumbai, has some great USP. 1) It is located in the prime location of Andheri West, 2)Fantastic view of Andheri Sports Complex and a large public ground nearby 3) Multiple departmental stores and malls within 1 km radius.
My comments to replies
Hi Dev, It is Rs. 95/sq-ft above 4th floor. Keemaya Heights, Andheri West, Mumbai, has some great USP. 1) It is located in the prime location of Andheri West, 2)Fantastic view of Andheri Sports Complex and a large public ground nearby 3) Multiple departmental stores and malls within 1 km radius.
Hi Arup, Keemaya Heights by Keemaya Build Pvt. Ltd. located at Veera Desai Road, Andheri West, Mumbai. It offers 2/3BHK residential apartments. 2BHK in 1230 sq-ft. (carpet area-725 sq-ft.) and 3BHK in 1585 sq-ft. (carpet area-950 sq-ft). The price of 2BHK will be Rs. 1.9 crore onward and for 3BHK, Rs.2.45 cr onward. This project is spread over 1.52 acres of land. It is G+18 storey apartments consists 50 units.
20th April 2015

Thanks Vinay, How much is the booking amount and which all banks and local body have approved this project for loan? is the mentioned price negotiable?
@Arup, You have to pay 20% of the agreement value at the time of booking. Keemaya Heights is a MHADA approved project and HDFC and Tata Housing Finance have approved for home loan. If you are a good bargainer then there will be a possibility of negotiation.
20th April 2015

Q: I signed an agreement in 2006 with one builder for a project in Goregaon West . Project got delayed for 6 yrs . The orignal builder tight with a new bigger builder to complete the project .Now the project is complete and they want us to sign a supplement agreement under new builder name which includes flower bed and dry areas . The amount to be paid for these extra areas is shown zero on the agreement ,but the old builder who still partner with the new builder and who signs the agreement on behalf of big builder is demanding cash from his buyers for the extra dry area and flower bed . Without Signing this agreement we wont get possession . This builder is also holding my cheque payments which i gave for the completion of the project . Our agreement was already signed in 2006., hence they cannot charge any more money and that too after 7 years delay of the project . kindly advise what should I do

My replies to this discussion
Hi Rocky, As you have mentioned above that your agreement is showing zero for the extra areas. Follow what your agreement says. Better, take the advice of a legal expert.Hi Rocky, As you have mentioned above that your agreement is showing zero for the extra areas. Follow what your agreement says. Better, take the advice of a legal expert.
Q: Hey, what are the sizes available in 2BHK and what is it's current price?
My replies to this discussion
Hi, You need more details of project Sunteck City Avenue-2, Goregaon West, Mumbai click this link Sunteck City Avenue-2, Goregaon West Or, To get best deal in your selected property list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.Hi, You need more details of project Sunteck City Avenue-2, Goregaon West, Mumbai click this link Sunteck City Avenue-2, Goregaon West Or, To get best deal in your selected property list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.
Q: Hi, can anyone provide me the price/sq-ft of Salangpur Salasar Ashirwad, Mira Road?

My comments to replies
Hi, Where did the project get approval and which all banks have approved this project for home loan?
Hi Dhiraj, Salangpur Salasar Ashirwad by Salangpur Group is a MBMC approved project and all the approvals are in place. Banks such as Corporation, HDFC, Axis, SBI, ING Vysya Bank, Indiabulls, DHFL etc have approved this project for home loan.
30th April 2015

Q: have they started brick work?? Work has stopped since almost last september.
My replies to this discussion
Hi Ramesk, If you visited the project site then you must collected some useful information. Would you like to share it with us. As me and my family planning to buy a flat in it. Thanks.....Hi Ramesk, If you visited the project site then you must collected some useful information. Would you like to share it with us. As me and my family planning to buy a flat in it. Thanks.....
My comments to replies
Hi Ramesk, If you visited the project site then you must collected some useful information. Would you like to share it with us. As me and my family planning to buy a flat in it. Thanks.....
Thanks Ramesk, Do you any updates on it's possession? Which all banks have approved this project and what about the statutory approvals?
27th May 2015
What is the current status of construction work? What will be the booking amount? What about it's basic daily necessities?
27th May 2015

Q: I am looking to buy a 2BHK property near Mumbai. It could be Kharghar, Ulve, Taloja, Virar, Nalasopara, or any other area that is close to Mumbai. My budget is 40-50lac, prefer to put in under construction where I can pay in slabs. Can someone pls advise which area is good in terms of investment and if there are any ongoing projects... Many thanks

My replies to this discussion
Hi Hana, As per commonFloor market research, there are top 3 areas in Navi MUmbai to buy residential apartment within your budget. Panvel should be your first choice with a restricted budget of Rs 60 lakh. You can easily find 1/2/3 BHK units along with a few 1RK within Rs 60 lakh in Panvel. The property values are in the range of Rs 3800-4700/sq-ft. Why Panvel? The locality has excellent connectivity via Mumbai-Pune Expressway, Sion-Panvel Expressway, NH-4, A Navi Mumbai metro corridor from Vashi to Panvel is being planned.NH-4B and NH-17. Ongoing development of the international airport in Panvel will improve the realty quotient of the area. And Panvel Railway Junction is the terminating station for Mumbai suburban railway's harbour line.Hi Hana, As per commonFloor market research, there are top 3 areas in Navi MUmbai to buy residential apartment within your budget. Panvel should be your first choice with a restricted budget of Rs 60 lakh. You can easily find 1/2/3 BHK units along with a few 1RK within Rs 60 lakh in Panvel. The property values are in the range of Rs 3800-4700/sq-ft. Why Panvel? The locality has excellent connectivity via Mumbai-Pune Expressway, Sion-Panvel Expressway, NH-4, A Navi Mumbai metro corridor from Vashi to Panvel is being planned.NH-4B and NH-17. Ongoing development of the international airport in Panvel will improve the realty quotient of the area. And Panvel Railway Junction is the terminating station for Mumbai suburban railway's harbour line.
Thanks Jerome, If we have knowledge, nothing bad to share with the other needy people. May be it helps a lot to them buying their properties. Locality play a major role in terms of buying property. When it comes to Nalasopara, Nalasopara West is more developed and offers good 2BHK apartments with budget up to 45 lakh.. But be careful about Nalasopara East as there are more illegal apartments.Thanks Jerome, If we have knowledge, nothing bad to share with the other needy people. May be it helps a lot to them buying their properties. Locality play a major role in terms of buying property. When it comes to Nalasopara, Nalasopara West is more developed and offers good 2BHK apartments with budget up to 45 lakh.. But be careful about Nalasopara East as there are more illegal apartments.
Q: I'm seriously planning to book flat in JP Decks. 1) Which view flat is best ? Dindoshi Mountain (South East) or Aarey (South West) or North Mumbai (North West) or National Park (North East) ? 2) How's that area (Dindoshi High Court) in terms of Local Amenities, Locality etc 3) How's Builder reputation in terms of delivering project on time, quality of project is same as promised in brochures etc 4) What's best price per sq ft for this project go for ? 5) Builder promised Dec 2016 delivery, is it possible? or will be delayed further ? 6) This project seems to be running since 2011, so is that an issue ?

My comments to replies
Hi everybody, I live near the site. Construction has reached around 25 floors (10 parking / utility + 15 livable). I think it is over 40 floors so you should easily expect 2 years more. Not sure whether it is worth it. It is an SRA and is surrounded by slums on one side. Seems rather expensive. But has really good decks.
Hi Kishore, Is government taking any action to remove the slums? As you know the locality is very near to all the basic amenities and people are rushing towards this locality for housing. I never visit the developers and inquired about this project but as i read few bad review against the developer. If i see the price, each and every locality of Mumbai is expensive. What is your opinion about the developer?
23rd June 2015

Q: Got the details about the new launch that is coming up in kolshet thane by lodha group. Total land 88 acres Development in 3 phases Phase 1 of 44 acres launching in june 20 acres of greenery 4 acres of football stadium 4 acres of cricket stadium 4 acres for club houses and amenities G+26 storied high rise towers Multi level car park Config: 1BHK approx 710sqft 2BHK optima approx 875sqft 2BHK ultima approx 1020sqft
My comments to replies
for any query contact me
Hi Rakshit, The Residential Towers in Pre Launch Project Lodha Clariant in Kolshet, Thane will be of about 26+ floors spread across 87 acres of developed land parcel. It offer 1/1.5/2/3 BHK residential flats.
24th June 2015

Hi Amit, What is the name of the project? Has booking started? What is the price per square feet they are quoting for that?
Hi Padma, The name of the project is Lodha Clariant in Kolshet, Thane West. It is expected that there will be spacious 1, 2 and 3 bhk flats in the pre launch project Lodha Clariant, Kolshet, Thane west. Clariant has entered into an agreement with Mumbai-based realty developer Lodha group to sell its acre land in Thane for Rs 1154.25 crore.
24th June 2015

Q: How is the locality of Kharghar in Navi Mumbai?
My replies to this discussion
Good Morning Dharmaja, Are you a resident of Kharghar? When i approached to a broker and asked about the connectivity to Pune and Mumbai, they told me that Kharghar is about two hours away from Pune and about an hour from Mumbai? Is it true? Which are the growth drivers of KhargharGood Morning Dharmaja, Are you a resident of Kharghar? When i approached to a broker and asked about the connectivity to Pune and Mumbai, they told me that Kharghar is about two hours away from Pune and about an hour from Mumbai? Is it true? Which are the growth drivers of Kharghar
My comments to replies
Good Morning Dharmaja, Are you a resident of Kharghar? When i approached to a broker and asked about the connectivity to Pune and Mumbai, they told me that Kharghar is about two hours away from Pune and about an hour from Mumbai? Is it true? Which are the growth drivers of Kharghar
Thanks for the detail information Dharmaja, Which are the key factors that has become favorite among resident of Mumbai? I heard that several NRIs have started investing here?
2nd June 2015

My comments to replies
Hi Anuj, Sunteck City Avenue-2 has close proximity to proposed Oshiwara Station and 10 minutes drive from Lokhandwala. It has quick access to Western Express Highway Via New East - West Flyover and easy accessibility to Western Suburbs and Airports. Some of the good educational institutions are Vibgyor School, Ryan International School, Gokuldham School, Oberoi International School and Healthcare facilities like Western General Hospital, Kokilaben Dhirubhai Ambani Hospital etc.
Hi Anuj and Abhi, Sunteck City Avenue-2 is startegically located at Nahar Singh Estate, Ram Mandir Road, Off SV Road, Goregaon West, Mumbai. As per the developer the date of possession will be December 2018 and almost all the leading banks and financial institutions such as Axis Bank, SBI, ICICI and HDFC have approved this project for home loan.
23rd June 2015

Thanks Vinay, What will be the approximate cost of 2BHK in Sunteck City Avenue-2, Goregaon West, Mumbai? What is the price trend of residential flats in Goregaon West in last one year?
Well Anuj, The cost of 2BHK in 899 sq-ft is Rs. 1.3 crore onward, in 931 sq-ft. Rs. 1.26 crore and in 1091 sq-ft. Rs. 1.47 crore onward. Similarly, in 3BHK it will be approximate Rs. 2.01 crore. The current price trend of residential flats in Goregaon West rose by 22.23% in last 1 year.
23rd June 2015

Q: Why the demand for housing growing in the Mumbai Metropolitan Region while the property prices in many areas of MMR too are going up?
My comments to replies
Hi Vinay, It is an unquestionable fact that property prices in the core areas of Mumbai are increasingly becoming dearer by the day. But, you dont need to worry as there are a few fast growing areas in the region with lower property prices. New Panvel in Navi Mumbai is one such area, which is coming up fast and holds excellent future growth potential. The area is a new node being developed by the City and Industrial Development Corporation (CIDCO).
Hi Vasanth, But i am asking about the key growth drivers for growing demand of housing in Navi Mumbai's New Panvel. I have seen that the New Panvel has been witnessing high property transaction only over the last 3-4 years due to its recent development. Most of the projects in the area are multi-storeyed apartments. There are also a few builder floor apartments and independent houses in Panvel.
30th June 2015

Hi Vasanth, The other key growth factors of New Panvel that it lies near JNPT in Nhava Sheva. The proposed Mumbai Trans-Harbour Link between JNPT and Sewri in Mumbai will reduce the travel distance between the area and Mumbai. The area also lies next to the upcoming Navi Mumbai International Airport.
Hello Shreya, You are partly right but how can be forget the contribution of several industrial areas such as Taloja, Patalganga, Khopoli and Roha which play major role in increasing demand of houses in New Panvel. A Reliance SEZ is coming up in the area’s vicinity. It is a well-planned node and hence, it is witnessing organised development.
30th June 2015

Hi everybody, How is the rental markets in New Panvel? What is the current rental rates is going on in the locality? What is the percentage of affordable, mid-segment, luxury and ultra-luxury segments?
@Pradyuman, The approximate monthly rentals in the area are about Rs 10-11/sq-ft. and the approximate rental yield is 2.2% with huge future growth potential. According to a latest research by CommonFloor, almost 70% of the properties available here are in the affordable budget range (up to Rs 60 lakh) and about 20% are in the mid-segment (Rs 60 lakh to 1.2 crore). The remaining are in the luxury and ultra-luxury segments (beyond Rs 1.2 crore).
30th June 2015

Q: Hi, Got to know that Dosti Groups are coming up with a new project called Dosti Codename Landmark in Balkum, Thane. Does anyone has details about this project? How is it for investment purpose?

My replies to this discussion
Hi Abhishke, I am planning to invest in this project. How is the project locality and it's connectivity with the other parts of the city? What about the daily basic necessities?Hi Abhishke, I am planning to invest in this project. How is the project locality and it's connectivity with the other parts of the city? What about the daily basic necessities?
Thanks Abhishek, But you didn't mention the funding banks name? What about the booking amount? How much i have to pay at the time of booking?Thanks Abhishek, But you didn't mention the funding banks name? What about the booking amount? How much i have to pay at the time of booking?
My comments to replies
Hi Abhishke, I am planning to invest in this project. How is the project locality and it's connectivity with the other parts of the city? What about the daily basic necessities?
Thanks Abhishke, Do you have any idea or asked about the possession date? Which local body has approved this project? Have they got the IOD? What about the bank loan?
2nd July 2015

Q: What is the asking rate of 2BHK in Runwal My City Codename Walk in Dombivali East?
My replies to this discussion
Hi Ramesk, I am looking for a 2BHK in it. Can you give me the details of this project? Where is the project strategically located?Hi Ramesk, I am looking for a 2BHK in it. Can you give me the details of this project? Where is the project strategically located?
My comments to replies
Hi Ramesk, I am looking for a 2BHK in it. Can you give me the details of this project? Where is the project strategically located?
Thanks Ramesh, How is the project connectivity? How far is the project from Dombivali Railway Station, Mubai CST and Thane?
3rd July 2015
Thanks once again Ramesk, What about the upcoming development in Dombivali East? I heard that MMRDA has proposed a road between Airoli and Dombivali to bring Dombivali closer to the Mumbai. What about the upcoming Mono Rail project in Dombivali?
3rd July 2015

Good evening Vinay, All the proposed plan waiting for the govt. approval and once they get the approval, such speedy infrastructure plans will bring the location comfortably within your grasp. Runwal Codename Walk will have International standard schools, shopping hubs and entertainment zones. In near future Dombivli will become the epicentre for economic growth.
Hi Abhi, Do you know when are they had over the project? What will be the booking amount? Are they offering any special payment plan?
3rd July 2015

Q: It is true that the proposed Land Acquisition Bill would not impact the real estate sector in the country if handled in the right perspective and right manner.
My replies to this discussion
Hey friends...... It is come to hear that the Housing Ministry has accepted a proposal of a Parliamentary panel's recommendation on the Real Estate Bill to make the provisions stricter and increase the 50% threshold but not lower it. The Housing and Urban Poverty Alleviation ministry has also accepted all 38 recommendations made by the 21-member Rajya Sabha select committee which submitted its report last week.Hey friends...... It is come to hear that the Housing Ministry has accepted a proposal of a Parliamentary panel's recommendation on the Real Estate Bill to make the provisions stricter and increase the 50% threshold but not lower it. The Housing and Urban Poverty Alleviation ministry has also accepted all 38 recommendations made by the 21-member Rajya Sabha select committee which submitted its report last week.
What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
My comments to replies
Hey friends...... It is come to hear that the Housing Ministry has accepted a proposal of a Parliamentary panel's recommendation on the Real Estate Bill to make the provisions stricter and increase the 50% threshold but not lower it. The Housing and Urban Poverty Alleviation ministry has also accepted all 38 recommendations made by the 21-member Rajya Sabha select committee which submitted its report last week.
Yes, and if failure to do so would lead to a penalty of 10% of the project cost. For subsequent violations, they will be charged another 10% of the project cost or sentenced to a three-year jail term. This decision would really protect buyer interests and encourage investment in the real estate sector.
7th August 2015

What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
It's true.......... Arpit, The number of fights have seen between home buyers and realty developers due to delay in project completion and it can come down if the bill is making it mandatory for the builder to maintain 50% of customer advances in an escrow account within 15 days of receiving the money from buyers.
23rd July 2015

Q: In Real Estate Monthly Tracker For MMR one can get the details of units launched, most active micro markets, news, regulatory updates industry buzz, major deals and key projects during that period.

My replies to this discussion
Good afternoon buddy...... Here are some good projects as per your preferred localities:- Codename Big Bang by Lodha Group located at Kolshet Road with its current price Rs.7700/sq-ft. Mira Pride by Mayfair Housing Pvt. Ltd. located at Mira Road and its price per square feet will be Rs.7500. Another good project is Imperial Heights The Epitome by Radius Developers located at Goregaon West and its price will be Rs. 17000/sq-ft.Good afternoon buddy...... Here are some good projects as per your preferred localities:- Codename Big Bang by Lodha Group located at Kolshet Road with its current price Rs.7700/sq-ft. Mira Pride by Mayfair Housing Pvt. Ltd. located at Mira Road and its price per square feet will be Rs.7500. Another good project is Imperial Heights The Epitome by Radius Developers located at Goregaon West and its price will be Rs. 17000/sq-ft.
Q: Hi, i am planning to book a 1BHK of this project. Kindly, tell me the sizes available in 1BHk and it's price.
My comments to replies
Hi Vinay, Dream Home Sai Park is an exceptional project sprawling over beautiful landscape at Nandgaon, opposite Karanjade, Panvel. It offers 1RK/1BHK and 2BHK residential flats in G+4 storeys apartment. The sizes available in 1RK are 429/462/472/474 sq-ft., 1BHK from 566/569/572/579/595/604/644/682 sq-ft and 2BHK in 931 sq-ft. And it's price are Rs. 3750-6850/sq-ft. depends on the floor and the amenities you want to opt.
Thanks Sandeep, What is the current status of this project and when are the giving possession? Do you have any updates on it?
28th July 2015

Q: What is FSI or FAR? How is it calculated?

My replies to this discussion
Right Nikita..... What is Non-FAR area? Which all area comes under it? Are these area exempted under FAR computation?Right Nikita..... What is Non-FAR area? Which all area comes under it? Are these area exempted under FAR computation?
Q: Hey!!! i want to know the various cost involve in under construction properties.
My comments to replies
Hi Anushka, If you are planning to buy an under construction property, it is important that you know the different costs that you have to pay at various stages of construction. Per square feet rate when multiplied by the total area of the property will just give you the basic cost and not the overall cost. Remember, there are multiple costs to be paid. All these costs can be confusing and overwhelming for you. Hence, it is imperative that you clearly understand each of the costs in your property.
Right Sukhpreet!!!!! And these overall property cost can be divided into 2 parts, one that is to be paid to the builder while the other are the statutory and legal costs. And within each of these categories itself there are several hidden costs which a buyer must pay at different stages.
18th August 2015

Q: Chairman Of Aditya Birla Group, Kumar Mangalam Birla is ready to pay Rs 425 crore for sea facing Jatia House in South Mumbai.

My replies to this discussion
Yes, it is Mumbai's largest-ever property deal. Kumar Mangalam Birla, outbid competitor to emerge as the highest bidder for the sea-facing Jatia House. And he agreed to pay Rs 425 crore to buy the 2 storey house in the city's Tony Malabar Hill area on Monday after a day-long auction.Yes, it is Mumbai's largest-ever property deal. Kumar Mangalam Birla, outbid competitor to emerge as the highest bidder for the sea-facing Jatia House. And he agreed to pay Rs 425 crore to buy the 2 storey house in the city's Tony Malabar Hill area on Monday after a day-long auction.
It is heard that the Kumar Birla defeat 5 bidders by a small margin for the 30000 sq-ft. bungalow. Out of 5 3 were industrialist and 2 were realty developers including Piramal Realty. The 2nd highest bid was for Rs. 415 crore and the lowest bid was for Rs. 395 crore.It is heard that the Kumar Birla defeat 5 bidders by a small margin for the 30000 sq-ft. bungalow. Out of 5 3 were industrialist and 2 were realty developers including Piramal Realty. The 2nd highest bid was for Rs. 415 crore and the lowest bid was for Rs. 395 crore.
My comments to replies
It is heard that the Kumar Birla defeat 5 bidders by a small margin for the 30000 sq-ft. bungalow. Out of 5 3 were industrialist and 2 were realty developers including Piramal Realty. The 2nd highest bid was for Rs. 415 crore and the lowest bid was for Rs. 395 crore.
Earlier in 2011, Bishops Gate, a 5 storey residential building co-owned by Standard Chartered and the Hong Kong and Shanghai Banking Corporation (HSBC) in upscale Breach Candy area in the city, was sold for Rs 272 crore to Peninsula Land, an Ashok Piramal Group company.
8th September 2015

Q: Which are those 10 mistakes to avoid when investing in real estate?

My replies to this discussion
Check out local market trends, and be a student of the market. There are many great books available on this subject, many on your bookshelf. There are also hundreds of great articles and case studies available to you online. Utilize your brain a bit.Check out local market trends, and be a student of the market. There are many great books available on this subject, many on your bookshelf. There are also hundreds of great articles and case studies available to you online. Utilize your brain a bit.
Q: I want to know more about the appealing factors or what is USP of this project to be precise? Anyone Help!

My replies to this discussion
Hi, USP of Indiabulls Blu:- 1) Blu is a super luxury residential project in South Mumbai's high-end and in demand neighborhood. 2) It has 4 acres of lawn. 3) The 2/3/4 BHK apartments have separate entrances provided for residents/ visitors and service staff. 4) No parking FSI. New DCR applicable. Some of the unique amenities are 1) Billiards and pool room, 2) Glass lift, 3) Two Squash Courts, 4) Stunning sea and race course views, 5) Stunning sea views, 6) Hydrotherapy pool etc.Hi, USP of Indiabulls Blu:- 1) Blu is a super luxury residential project in South Mumbai's high-end and in demand neighborhood. 2) It has 4 acres of lawn. 3) The 2/3/4 BHK apartments have separate entrances provided for residents/ visitors and service staff. 4) No parking FSI. New DCR applicable. Some of the unique amenities are 1) Billiards and pool room, 2) Glass lift, 3) Two Squash Courts, 4) Stunning sea and race course views, 5) Stunning sea views, 6) Hydrotherapy pool etc.
My comments to replies
Hi, USP of Indiabulls Blu:- 1) Blu is a super luxury residential project in South Mumbai's high-end and in demand neighborhood. 2) It has 4 acres of lawn. 3) The 2/3/4 BHK apartments have separate entrances provided for residents/ visitors and service staff. 4) No parking FSI. New DCR applicable. Some of the unique amenities are 1) Billiards and pool room, 2) Glass lift, 3) Two Squash Courts, 4) Stunning sea and race course views, 5) Stunning sea views, 6) Hydrotherapy pool etc.
As far as developer in concerned, Indiabulls Real Estate is among India's top Real Estate companies with development projects spread across residential complexes, integrated townships, commercial office complexes, hotels, malls, Special Economic Zones and infrastructure development. The company has a net-worth of Rs 7403 Crore and has purchased prime land, mostly in the metros and other Tier 1 cities worth Rs 4000 Crore in government auctions alone. Co. is currently developing 71.55 million sq-ft into premium quality, high-end commercial, residential and retail spaces. The company has been assigned "A+" rating.
28th September 2015

Q: As per a local NGO, Mira Bhayander Municipal Corporation (MBMC) has failed to control illegal constructions within its civic limits.

My comments to replies
Hi, As per the local NGO, the way illegal constructions are spreading in MBMC limits, it is clear indication that it is being done in involvement with the municipal officers, builders and other dominant people. There is no doubt that Mira-Bhayander has become the new destination for illegal buildings.
It is true Daya. Thousands of illegal buildings have come up in the city in the last 2 decades. In spite of getting permission to construct only 4-floors, the builders have built unauthorized additional floors, even up to 10 storeys.
24th September 2015

Q: The real estate monthly tracker for MMR highlights the key trends witnessed in the residential market during August-September, 2015 coupled with infrastructure and government policy updates. It gives a complete city outlook, including the total number of units launched, BHK prices and Typology split, and the most active micro market in terms of new unit supply in the given period. Also, the news around the major transactions and industry buzz are highlighted as far as real estate is concerned.

My replies to this discussion
Hi Manis, I want to know the most active micro markets in MMR and its current property prices? And why should on invest in those localities?Hi Manis, I want to know the most active micro markets in MMR and its current property prices? And why should on invest in those localities?
Thanks Kishore, Is there any infrastructure upgrade in MMR? Kindly update it.Thanks Kishore, Is there any infrastructure upgrade in MMR? Kindly update it.
My comments to replies
Thanks Kishore, Is there any infrastructure upgrade in MMR? Kindly update it.
Thanks once again Kishore... I heard that Maharashtra Govt. is expected to come up with a policy that will make it mandatory for private developers to transfer a percentage of their housing stock to the Maharashtra Housing and Area Development Authority for providing affordable housing.
29th September 2015

Q: The Construction arm of Larsen Toubro has won orders worth Rs. 1810 crores across various business verticals so far in this month.

My comments to replies
True Deepankar, The company has also received a water supply order worth Rs 573 crore in its water and effluent business, from the Telangana government's rural water supply and sanitation department under the Telangana drinking water supply project Phase II.
Hello Srishti, As per the sources, the project includes construction of 3 water treatment plants, 1700 km of pipeline network, 15 major water storage reservoirs and other associated works to meet the water needs of various habitations of the Khammam district in the state.
29th September 2015

Q: Lodha Group is one of the proficient builders, who present the availability of 1, 1.5, 2 and 2.5 BHK magnificent shelters in an expansive residential township of Palava City in Kalyan-Shil Road, Mumbai. Named as Palava Codename Epic, the latest launch residential project is bestowed with sorted facilities and specifications that promote premium lifestyle. The expansive shelters measure the area between 702-1305 sqft in area. Created with an artistic touch to every part of it, the project displays a masterpiece in architectural design. Crafted with distinctive class, the luxurious apartments are elite and offer a tranquil pleasure in personal spaces of the occupants.
Dfsuyog

My replies to this discussion
Yes, it is a good project by India's leading real estate developer "Lodha Group''. Lodha Epic is widely spread beyond wide 4500 acres of land, offers 1/2/3BHK residential flats. 1BHK from 702-810 sq-ft., 2BHK from 900-1107 sq-ft and 3BHk in 1305 sq-ft. They are currently quoting Rs. 4995/sq-ft. Yes, it is a good project by India's leading real estate developer "Lodha Group''. Lodha Epic is widely spread beyond wide 4500 acres of land, offers 1/2/3BHK residential flats. 1BHK from 702-810 sq-ft., 2BHK from 900-1107 sq-ft and 3BHk in 1305 sq-ft. They are currently quoting Rs. 4995/sq-ft.
My comments to replies
Yes, it is a good project by India's leading real estate developer "Lodha Group''. Lodha Epic is widely spread beyond wide 4500 acres of land, offers 1/2/3BHK residential flats. 1BHK from 702-810 sq-ft., 2BHK from 900-1107 sq-ft and 3BHk in 1305 sq-ft. They are currently quoting Rs. 4995/sq-ft.
Apart from that Palava Codename Epic is located at the centre of the economic triangle of Navi Mumbai, Thane, and Kalyan. It is less than an hour from South Mumbai via the Eastern Freeway. Within 20 min of the upcoming international airport, 40 minutes from Mumbai's main port, JNPT. It is well connected by rail and buses. Nearby stations include Dombivli (Central Rail), Vashi (Harbour Rail), and Nilje (Diva-Panvel line).
13th October 2015

Q: I have booked flat here .I just want to know How is the builders of this project. Is builder is very good in construction etc.

My replies to this discussion
Hi, It doesn't matter whether a builder is reputed or not, delivery on time with quality construction only matters. You know better than me that even a reputed builder has a very worst past record. Better, visit the project site ask the owner of the flats, see the construction quality of the project, nearby locality, connectivity etc. before taking decision.Hi, It doesn't matter whether a builder is reputed or not, delivery on time with quality construction only matters. You know better than me that even a reputed builder has a very worst past record. Better, visit the project site ask the owner of the flats, see the construction quality of the project, nearby locality, connectivity etc. before taking decision.
My replies to this discussion
Hi, They didn't get any approvals like Commencement Certificate and IOD from BMC and they have send demand letter for 10% from the flat owners. Check all the legal approvals twice before buying property from any builders. Inquire a lot before investing your hard earned money in real estate market.Hi, They didn't get any approvals like Commencement Certificate and IOD from BMC and they have send demand letter for 10% from the flat owners. Check all the legal approvals twice before buying property from any builders. Inquire a lot before investing your hard earned money in real estate market.
Q: What is the legal side for repairing of upper floor bathroom repair due to ceiling leakge of lower floor

My replies to this discussion
Hi, I would like to inform you that upper floor owner is responsible for repairing his toilet so that the seepage do not come from his house to the lower house. In some of the RWA the residents have decided to bear 50-50 cost for convenience. But legally speaking, only the upper floor owner is responsible to rectify their flat. In case one of the sufferer do not want to get it repaired, the other can go to a court and take a order against the other to get the flat repaired and also recover the cost from the other flat owner.Hi, I would like to inform you that upper floor owner is responsible for repairing his toilet so that the seepage do not come from his house to the lower house. In some of the RWA the residents have decided to bear 50-50 cost for convenience. But legally speaking, only the upper floor owner is responsible to rectify their flat. In case one of the sufferer do not want to get it repaired, the other can go to a court and take a order against the other to get the flat repaired and also recover the cost from the other flat owner.
Q: The government is targeting a 30% rise in the inflows of foreign direct investment (FDI) annually in the coming years, aided by the government's Make in India programme.

My comments to replies
Hi Bashir and Sashidharan, This event will focus on innovation, design and sustainability, and is expected to witness the participation of over a 1000 companies and delegates from over 60 countries. Some of them are Foxconn, Zenith, IKEA, Wanda group of China are planning to invest in India.
We are welcoming them as it is a good move towards a developing nation. India is today the most open economy in the world. We have opened up everything except multi-brand. The government has done a lot of liberalisation across sector. These are all things verified at the political level.
18th December 2015

Q: On the CIDCO website there is a CC of this builder with different site map. In 2012 it promise the buyers to have their flats in 2015. Now in some other site possession date is shown 2018. He has cheated earlier buyer by changing the site plan without their knowledge and consent. Sai Provisio County, Panvel is cheat project.

My replies to this discussion
Hi, As per Section 7 of the Maharashtra Ownership of flats Act, after the plans and specifications of the building, as approved by the local authority as previously mentioned, are disclosed of furnished to the person who agree to take one or more flats, the promoter shall not make any change in the structures described therein in respect of the flat or flats which are agreed to be taken, without the previous consent of that person. It is consider as a criminal offense and you have right to file a case against the builder in consumer forum. Similar clause exist in apartments acts across country.Hi, As per Section 7 of the Maharashtra Ownership of flats Act, after the plans and specifications of the building, as approved by the local authority as previously mentioned, are disclosed of furnished to the person who agree to take one or more flats, the promoter shall not make any change in the structures described therein in respect of the flat or flats which are agreed to be taken, without the previous consent of that person. It is consider as a criminal offense and you have right to file a case against the builder in consumer forum. Similar clause exist in apartments acts across country.
Q: Chief Minister Devendra Fadnavis said that Maharashtra government will soon develop 50 villages in the state into 'smart villages'.

My replies to this discussion
Hi folks! Its all good. But you ever thought about existing roads in the cities. Mumbai and Pune is still suffering from public transport. Garbage and flith everywhere. Homeless people, pothole roads, bad traffic, pollution, parking problems, lane discipline has become a issue no-a-days. Not enough roads, we will have to wait for decades to be free from Congress not to go back to Square One. We need you to solve these issues not tomorrow since yesterday.Hi folks! Its all good. But you ever thought about existing roads in the cities. Mumbai and Pune is still suffering from public transport. Garbage and flith everywhere. Homeless people, pothole roads, bad traffic, pollution, parking problems, lane discipline has become a issue no-a-days. Not enough roads, we will have to wait for decades to be free from Congress not to go back to Square One. We need you to solve these issues not tomorrow since yesterday.
My replies to this discussion
Hi Edison, Seasonal differences are fairly universal but it is worth having a close look at your local area before entering the market. Check if the Council has granted planning permission for any work nearby, you don't want to be trying to sell your house while there are major road works going on outside.Hi Edison, Seasonal differences are fairly universal but it is worth having a close look at your local area before entering the market. Check if the Council has granted planning permission for any work nearby, you don't want to be trying to sell your house while there are major road works going on outside.
Q: Navi Mumbai new business district master plan will be ready in next 6-months.

My replies to this discussion
This new commercial business district spread over 125 hectares or 309 acres in Navi Mumbai . CIDCO has now approved the proposal for the same. Under the proposal, public sector undertakings will be given preference while allotting land parcels for development through auctioning process.This new commercial business district spread over 125 hectares or 309 acres in Navi Mumbai . CIDCO has now approved the proposal for the same. Under the proposal, public sector undertakings will be given preference while allotting land parcels for development through auctioning process.
My comments to replies
Hi folks, Cidco is working towards developing the whole commercial zone in the line with Mumbai's secondary business district Bandra-Kurla Complex. CIDCO will take auction route to allot land parcels for development.
After end of the construction work on proposed new business district in Navi Mumbai will offer proximity to the proposed international airport and the metro project will offer high class infrastructure.
11th February 2016

Q: Wanted to know if the NOC from CIDCO is required for transfer of housing society membership for re-sale flat. The flat is in a building constructed on plot based on tri-party agreement. The price of flat has been fully paid up to the seller, without any loan, and agreement duly registered. To give a brief history. after the OC from CIDCO, and after Housing society was formed, just when builder in process of providing conveyance, which he eventually did, one fine day a letter from a lawyer was given at the gate. It mentioned that the set of heir's of original plot owner had put up a court case against Builder, CIDCO and another set of hier's. Former set of heir's were claiming that latter set had shared the compensation with them. We, the members of housing society, consulted a lawyer, who told use this is not unusual in this region, we should not worry, as the case has not been filed against us, unless there is direct notice to us. But now after few 3-4 years, when resale of flat went ahead, now the present Housing society committee are denying to transfer membership to the new owners, after CIDCO has not provide NOC. So is NOC CIDCO required for resale of flat not built by CIDCO, and when there is no home loan involved ?. And a housing society deny transfer of membership to the new owner with CIDCO NOC ?

My comments to replies
Well, that depends on whether you the buyer or seller of the property and whether you and and buyer before you has paid the stamp duty or not. If the buyer before you has paid the transfer charges, then you don't have to worry. You just need to pay the transfer charges and you are Ok with that. But if the buyer before you has not paid the transfer charges then you are liable to pay it when you purchase it. So make sure that you purchase a flat only after checking that the previous owner has paid the CIDCO transfer charges.
Yes, Arup is right. But you have to remember certain points that if you buy your property from the builder, you don't have to pay transfer charges as it will be applicable after the formation of the society and at the time of conveyance.
4th March 2016

My replies to this discussion
Hi, Hi, In budget 2015-16, it was proposed that a homebuyer will pay a service tax of 14% while buying a property that’s under construction instead of the current 12.36%. As service tax is charged only on the construction cost, the effective rate on the entire value of a property below Rs.1 crore is 3.09% (12.36% on 25% of property value) and for a property above Rs.1 crore, the effective rate on the entire value of the property is 3.71% (12.36% on 30% of property value).Hi, Hi, In budget 2015-16, it was proposed that a homebuyer will pay a service tax of 14% while buying a property that’s under construction instead of the current 12.36%. As service tax is charged only on the construction cost, the effective rate on the entire value of a property below Rs.1 crore is 3.09% (12.36% on 25% of property value) and for a property above Rs.1 crore, the effective rate on the entire value of the property is 3.71% (12.36% on 30% of property value).
My comments to replies
Hi all, VAT is applicable only on Material cost @ 14.5% and ST is applicable only on Labour & Services Cost @ 12.36%. Please note that VAT may vary from state to state.
Hi, In budget 2015-16, it was proposed that a homebuyer will pay a service tax of 14% while buying a property that’s under construction instead of the current 12.36%. As service tax is charged only on the construction cost, the effective rate on the entire value of a property below Rs.1 crore is 3.09% (12.36% on 25% of property value) and for a property above Rs.1 crore, the effective rate on the entire value of the property is 3.71% (12.36% on 30% of property value).
16th February 2016

My comments to replies
Hi, I came to know that very soon builder will get IOD. You can check with builder about exact status and processing of documents with BMC for IOD. I am sure all investors of serenity will get the pleasant news and transparent reply from builder this time.
Hi Devika, I think all buyers should come together and unite, then you can expect refund from builder forget about compensation else you have to wait more few more years under some excuse. Also I don't think all investors want to exit this project. Many are still dreaming of doubling their money and exiting once construction starts..So it is not going to be easy.
4th March 2016

Q: Both Rajya Sabha and Lok Sabha has passed the Real Estate Regulation and Development Bill and it is set to become an act in a few months.

My replies to this discussion
Good evening Devika and Rishi, There are 10K buildings and lakh of people across Mumbai who are suffering because their homes are under construction and the project has been delayed or stopped due to reasons like builders are using their money in other projects or construction beyond permissible limits and or without obtaining necessary clearances as also the change in development rules or red tape or delays by the government. It is estimated that most of the completed projects in Mumbai do not Occupancy Certificate.Good evening Devika and Rishi, There are 10K buildings and lakh of people across Mumbai who are suffering because their homes are under construction and the project has been delayed or stopped due to reasons like builders are using their money in other projects or construction beyond permissible limits and or without obtaining necessary clearances as also the change in development rules or red tape or delays by the government. It is estimated that most of the completed projects in Mumbai do not Occupancy Certificate.
My comments to replies
Good evening Devika and Rishi, There are 10K buildings and lakh of people across Mumbai who are suffering because their homes are under construction and the project has been delayed or stopped due to reasons like builders are using their money in other projects or construction beyond permissible limits and or without obtaining necessary clearances as also the change in development rules or red tape or delays by the government. It is estimated that most of the completed projects in Mumbai do not Occupancy Certificate.
Do you know that under the provisions of new bill any project over 500 sq-mt area or 8 flats must be registered with regulatory authority with full disclosure such as details of promoters, project, layout plan, plan of development works, land status, status of statutory approvals, etc. as well as the details of their past and ongoing projects.
30th March 2016

Good evening friends!!! As far as Mumbai consumers are concerned one of the most important provisions of the new bill is that the developer has to deposit 70% of the booking money collected from the buyers, in an escrow account in a scheduled bank within a period of 15 days, this will prevent diversion of the money for other purposes.
@Gautam, This may lead to a rise in the number of fresh booking. Currently, bookings are at an all time low and several developers are struggling to deal with piled up inventory. The bill also stop the promoter from changing plans, structural designs and specifications of the plot, apartment or building without the consent of 2/3rd of allottees after disclosure.
30th March 2016

Q: Is Sea Link properties legal, Investment with this broker is beneficial? what is future prospects, Share review

My comments to replies
Good evening Bikram!!!! It is also come to know that the builder is showing land near by Ranjanpada Station and making sale deeds of Vindhane village with survey number 233 and so on. Is that survey number really just 100 mtrs from Ranjanpada Station?
Hi Anushka!!! Yes, If you are investing your hard earn money in the Sealink Properties then you must follow these points before get cheated:- 1) Find history/track record of the company, 2) See the legal status of the company, 3) Is title of land is clear and is it in the name of the said company? 4) Which is the planning authority for the development? 5) Is the zone of the land is permissible for residential activity? 6) Is the land is N.A. (Non Agricultural) for Residential purpose? 7) Is they have any prior permissions from any concern department of government? 8) What is the government valuation of the land and what is the selling price? 9) Is the land marshy or near mangroves habitat, 10) Is it legal to purchase Agricultural land for Residential purpose? 11) Is it legal to purchase 1 to 15 Gunthas agricultural land in Maharashtra? 12) Is there is violation of “Prevention of Fragmentation and Consolidation of Holdings Act”?
30th May 2016

Q: Is Investment in Sea Link Property, Landscape right decision ?
My replies to this discussion
Yes, i agree with Sankalp. If you are investing your hard earn money in the Sealink Properties then you must follow these points before get cheated:- 1) Find history/track record of the company, 2) See the legal status of the company, 3) Is title of land is clear and is it in the name of the said company? 4) Which is the planning authority for the development? 5) Is the zone of the land is permissible for residential activity? 6) Is the land is N.A. (Non Agricultural) for Residential purpose? 7) Is they have any prior permissions from any concern department of government? 8) What is the government valuation of the land and what is the selling price? 9) Is the land marshy or near mangroves habitat, 10) Is it legal to purchase Agricultural land for Residential purpose? 11) Is it legal to purchase 1 to 15 Gunthas agricultural land in Maharashtra? 12) Is there is violation of “Prevention of Fragmentation and Consolidation of Holdings Act”?Yes, i agree with Sankalp. If you are investing your hard earn money in the Sealink Properties then you must follow these points before get cheated:- 1) Find history/track record of the company, 2) See the legal status of the company, 3) Is title of land is clear and is it in the name of the said company? 4) Which is the planning authority for the development? 5) Is the zone of the land is permissible for residential activity? 6) Is the land is N.A. (Non Agricultural) for Residential purpose? 7) Is they have any prior permissions from any concern department of government? 8) What is the government valuation of the land and what is the selling price? 9) Is the land marshy or near mangroves habitat, 10) Is it legal to purchase Agricultural land for Residential purpose? 11) Is it legal to purchase 1 to 15 Gunthas agricultural land in Maharashtra? 12) Is there is violation of “Prevention of Fragmentation and Consolidation of Holdings Act”?
Q: The civic administration failed to demolish unauthorized extensions in residential structures in Aram Nagar at Versova, despite a high court order, claimed the Maharashtra Housing and Area Development Authority (Mhada). Mhada vice-president and chief executive officer S S Zende said the authority has already paid BMC Rs 70 lakh for the demolition work in Aram Nagar, a Mhada colony spread over 40 acres. “Tenants have encroached upon the open space in front and behind their row houses, built compound walls and even illegal floors. Many row houses have been converted into bungalow-like structures and the use changed from residential into commercial.As most of the encroachers are from Bollywood-related businesses, the row houses have been converted into production houses, studios, hotels and gyms,“ said a Mhada official. “Mhada has been pursuing the matter with the BMC since 2011. The BMC issued notices to the offenders, but did not take strong action,“ said a Mhada official. In March, a Mhada executive engineer wrote to K-West ward office, which covers Versova, accusing it of razing a few structures just to “show off “. On June 7, Zende dashed a letter to municipal chief Ajoy Mehta, pointing out that the high court may take serious view in this regard if action is not taken immediately . Referring to the HC order on December 21, 2015, Zende said, “The court had directed BMC to file an affidavit regarding action taken against unauthorized construction in Aram Nagar. If no effective action has been taken to comply , the court order may amount to contempt and may take serious view in this regard.“ Mehta assured that he will instruct the local ward office to take action against the illegal extensions. “In spite of Rs 70 lakh being paid to wards demolition, no effective action has been carried out by the BMC. This fact has brought to the notice of the local assistant municipal commissioner and executive engineer,“ Zende said in his letter. He also attached photographs of encroachments including a hotel, production house, coffee shop, gym, dental dispensary and a few bungalows. Zende told TOI, “All encroachers are financially sound. I wrote to the BMC to speed up the demolition work and we hope it will.“
My replies to this discussion
It is the duty of a local body that these kind of societies could not grow. Only they allow otherwise how can they build floor over floor and bungalow. Who are providing them electricity and water connection.It is the duty of a local body that these kind of societies could not grow. Only they allow otherwise how can they build floor over floor and bungalow. Who are providing them electricity and water connection.
Q: Hi, i am looking for a 2BHK flat in Ekta Tripolis? What are the sizes available in 2BHK and it's price?
My replies to this discussion
Hi Abhishek, Ekta Tripolis by Ekta Group offers 2BHK (Gracia) flats in 1188 sq-ft. and its price will be Rs.1.92 crore. Stamp duty and registration charges will be extra.Hi Abhishek, Ekta Tripolis by Ekta Group offers 2BHK (Gracia) flats in 1188 sq-ft. and its price will be Rs.1.92 crore. Stamp duty and registration charges will be extra.
My comments to replies
Thanks Vinay..... Do you have any construction update? When are they going to handover the flats to its homebuyers?
Well Abhishek, I have visited the project site at the beginning of this month. I saw that A-wing-24/25/26/27th slab work is going on. Similarly, B-wing-25/26/28th slab work is unders construction and C-wing plinth work is going on. As per the developer, project possession date will be December-2019.
20th July 2016
Your most welcome Abhishek!!! The current price trend in Goregaon West are as follows:- The average property price in Goregaon West is Rs.14675/sq-ft., minimum property price is Rs.13240/sq-ft. and maximum property price is Rs 16110/sq-ft. Yes, the price is negotiable if you have a good bargaining power. Seeing the current price trend of locality i can say that the price is quite reasonable. Goregaon West is one of the suburbs of Mumbai located in the Konkan region and is about 11 kms from the city of Mumbai. It enjoys great connectivity with the Western railway line on one side and the Western Highway and Link Road on the other. Transport facilities are also good in the locality as Goregaon West is a 20 min-drive from the Sahar International Airport and a 22-min drive from Santacruz Airport. It offers easy connectivity to the Goregoan Railway Station which is located about 7.7 kms away and Malad Railway station which is 7.9 kms away.
20th July 2016

Q: Hi all, can anyone advise on the status of the Trinity Heights project by Kursija group in Thane? The construction is halted since last year, and i have been chasing since then, only to hear, "will begin in 15-20 days". is there any realistic time line that anyone can help with. Other investors in this project?? pls reply

My replies to this discussion
Hi Saurabh, Even i have booked a 2BHK flat in 935 sq-ft. and yet waiting for possession. I had word with the developer last month and they assure me that i will get my flat possession by May-2017.Hi Saurabh, Even i have booked a 2BHK flat in 935 sq-ft. and yet waiting for possession. I had word with the developer last month and they assure me that i will get my flat possession by May-2017.
Q: Nearly a month after nine people died in a fire in a residential structure illegally converted into a chemist's shop at Juhu Galli in Andheri, the BMC is still to take action against 129 such structures in Aram Nagar, Versova. This despite a Bombay high court order to take action against such illegal structures. TOI firsted reported about the illegal structures in its edition dated June 14. An NGO, Disha, which had surveyed the area, had gone to court over the issue. It claimed that there were 129 residential structures converted into commercial. Mehmood Shaikh of the NGO said, "After the nine deaths in a small illegal shop in Juhu galli, is BMC waiting for a similar incident to happen in Versova where hundreds of lives are at high risk? In case of any eventuality, BMC's K-West ward and the fire brigade should be held responsible." Shiv Sena MP Gajanan Kirtikar has written to the BMC, demanding razing of the illegal construction and extensions in Aaram Nagar. Citing a Bombay high court order of December 21, 2015, Kirtikar said that the court had directed BMC to raze illegal structures in Mhada colony, but added that the BMC had failed to implement it. His letter mentions: "There are illegal bars, restaurants, pubs and other immoral businesses being conducted in the area... There are illegal film studios running there as well which cause inconvenience to citizens." Assistant municipal commissioner Parag Masurkar told TOI that there 354 such structues in Aram Nagar, of which 280 have been issued notices. "Demolition is on. Every month we demolish a few structures in the area," he said.

My comments to replies
I think the commissioner's decision is right.Anything that is danger to the human lives there has to be removed.
Yes, Aram Nagar was earmarked by the Maharashtra government to house refugees of the partition and the BMC officials told that out of 354 structures, 280 have been given notices. The demolition is on currently and they are following the process as per the high court orders.
24th August 2016

Q: WE HAVE AGRICULTURAL LAND IN TRIMBAKESHWAR NASIK.KNW THE NEWS HAS COMETHAT GOVERMENT WHTSTO CONVERT AGRICULTURAL LANDINTO NON AGRICULTURAL COMPULSORY.MY QUESTION STARTS WHETHER GOV CAN DO THAT.AND IF YES WHT ARE ITS OUTCOME
My comments to replies
It is true. The amendment now allows the buyer to pay a penalty to the state government @ 50% of the Ready Reckoner Rate if the land purchased is for agricultural activities and 75% if the land has been purchased for non-agricultural activities. The decision would help in easing hurdles in setting up industries in the state.
Yes, The cabinet approved an amendment to the Kul Kayda Act (Maharashtra Tenancy and Agricultural Lands Act, 1948 whereby tillers of the soil were able to possess the land they farmed as on the date the law came into force). Under section 43 of the Act, sale of land under this Act requires prior permission of the collector. If the transaction is carried out without this permission, then the land can be taken over by the government as there is no provision for regularization.
6th September 2016

Q: Unfortunately I booked a flat at Park Elite Premium many years ago. Cursing myself for this. Does anyone know any forum where we can jointly proceed against the builder for inordinate delay in completing the project.

My replies to this discussion
Hi, I have also booked a flat in BPTP Park Elite Floors in 2009. No possession or update till now. Till date we are yet to receive concrete reply from BPTP authorities towards their intentions pertaining to their obligations towards the commitments made to us at the time of agreement. And there of changing the agreed parameters at their own sweet will to safeguard their personal interest hence unethically playing with our sentiments.Hi, I have also booked a flat in BPTP Park Elite Floors in 2009. No possession or update till now. Till date we are yet to receive concrete reply from BPTP authorities towards their intentions pertaining to their obligations towards the commitments made to us at the time of agreement. And there of changing the agreed parameters at their own sweet will to safeguard their personal interest hence unethically playing with our sentiments.
Q: If ever there was a perfect city within a city it has to be Royal Palms Mumbai. I have changed many homes in the past, but none have been as good as this.
My replies to this discussion
Hi all!! I want to know why are people selling so much flat in Royal Palms, Goregaon East? Is there any legal issue with this project?Hi all!! I want to know why are people selling so much flat in Royal Palms, Goregaon East? Is there any legal issue with this project?
Q: Godrej Kalyan present time that is very tough to take flat in the city like Mumbai due to lack of money or more expensive than any other region of our country.But this stunning project is the solution of all these of knots that have come in your mind because here you will find your dream home in your budget. Kalyan is the best location in Mumbai for stay with the family. Project Location: Kalyan, Navi Mumbai

My replies to this discussion
Hi, Which project in Kalyan are you talking about? Can you name the project and it's location? I tried a lot to find out the details of this project but there is no such project called "Godrej Kalyan". Only one project called "Godrej Emerald" in Ghodbunder Road, Thane.Hi, Which project in Kalyan are you talking about? Can you name the project and it's location? I tried a lot to find out the details of this project but there is no such project called "Godrej Kalyan". Only one project called "Godrej Emerald" in Ghodbunder Road, Thane.
My comments to replies
Hi, Which project in Kalyan are you talking about? Can you name the project and it's location? I tried a lot to find out the details of this project but there is no such project called "Godrej Kalyan". Only one project called "Godrej Emerald" in Ghodbunder Road, Thane.
Hi Priyanka!! Do you have any information about its launch date? What are the BHK configuration coming under this project and what will be the price per square foot? If you have any information plz share with me.
24th October 2016

My replies to this discussion
According to me locality is good for investment seeing the development in the locality. All the daily basic facilities are within stone throw distances. Transport facilities are also good in the locality. Property price has also increased recently due to huge demand of residential property. Even in this dull market, they seem to be getting good sales, as they have increased prices from 75 lacs to 92 lacs for 1 BHK and from 95 lacs to 1.16 crore for 2 bhk.. as compared to launch price 10 months back..According to me locality is good for investment seeing the development in the locality. All the daily basic facilities are within stone throw distances. Transport facilities are also good in the locality. Property price has also increased recently due to huge demand of residential property. Even in this dull market, they seem to be getting good sales, as they have increased prices from 75 lacs to 92 lacs for 1 BHK and from 95 lacs to 1.16 crore for 2 bhk.. as compared to launch price 10 months back..
Q: Mahindra Group is renowned name who has been launched brand new project which name is Mahindra Kandivali and it is located in Kandivali East Mumbai.Mahindra group is very known name in real estate sector that is famous for its high quality reputation.Kandivali has best connectivity to the city because many of roads, bus networks and traveling facility pertaining to this region. This is growing region of social amenities, industrial hub and infrastructure development. You can find every commodity nearby apartment from the market, super market and malls. Hospitals, clinics and medical shops are situated here for you health conveniences. Schools, public schools and many of educational institutes are located here. Projects Details Type: 1,2,3BHK Project Location: Kandivali, Mumbai Size Ranging: 500-1646 sq.ft Contact us:- MAHINDRA KANDIVALI 9739976422 http://www.mahindrakandivali.newprojectlaunch.in/

My comments to replies
Hi, Is this project launch or still in pre-launch phase? What will be the size of a 2BHK flat and its current rate per square foot?
Hi Shrikant.... Mahindra Kandivali is an upcoming project in kandivali East. They will offer 1, 2 and 3BHK residential flats from 500-1646 sq-ft. Developer has not disclosed its price yet. They will launch high-rise buildings of about 20+ floors with modern amenities and design.
17th November 2016

How is the developers Mahindra Lifespces, its construction quality and delivery history? Can you give me some inputs in it? Thanks...
Hi Ramesk, Mahindra Lifespaces is a reputed name in the real estate sector and is successful because of its well crafted and value for money homes. Mahindra Lifespaces Kandivali have done many successful developments in the Mumbai Metropolitan Area gaining the trust of many customers and a family over the years. They have been working since several times and given many of remarkable residential project to their customers.
17th November 2016

Q: I selected USA std code and entered correct Phone number.. bit never sends verification code .....

My replies to this discussion
Hi Ravindra!! Sorry for the inconvenience. Yes, you can not get the verification code on US number. If you have any family and friends here, you can use his/her nos for verification code. Thanks....Hi Ravindra!! Sorry for the inconvenience. Yes, you can not get the verification code on US number. If you have any family and friends here, you can use his/her nos for verification code. Thanks....
Q: Mahindra group is very known name in real estate sector that is famous for its high quality reputation. Mahindra Group is renowned name who has been launched brand new project which name is Mahindra Kandivali and it is located in Kandivali East Mumbai. Mahindra Lifespaces Kandivali apartment is exuberating on many acres of lands offers Residential flats in affordable price range. Even the builder has considered modern technology to prepare it with proper finishing. Every unit is equipped with top class amenity so you have chance to stay here with the family and enjoy every second of life in wonderful units of apartments in Mumbai. http://www.mahindrakandivali.newprojectlaunch.in

My replies to this discussion
Hi, Mahindra Kandivali is an upcoming project in kandivali East. They will offer 1, 2 and 3BHK residential flats from 500-1646 sq-ft. Developer has not disclosed its price yet. They will launch high-rise buildings of about 20+ floors with modern amenities and design. Project location and its connectivity is excellent.Hi, Mahindra Kandivali is an upcoming project in kandivali East. They will offer 1, 2 and 3BHK residential flats from 500-1646 sq-ft. Developer has not disclosed its price yet. They will launch high-rise buildings of about 20+ floors with modern amenities and design. Project location and its connectivity is excellent.
Q: I need details of Majestic Heights, Sect- 22, Nerul, Navi Mumbai. Wheni sthe project completion date?
My comments to replies
Thanks Shantau!! As you said that project is under construction, so the builder must have IOD and Commencement Certificate? Which local body and banks have approved this project?
Hi Abhijit, My question is related to the project locality as i am going for this project. How is the locality in terms of social and physical development? Is this project has good connectivity to the other parts of the MMR?
2nd January 2017

Q: Kolte Patil Breeze Dahisar is biggest name in Real Estate sector.This group offer 2,2.5 &3 BHK at reasonable prices

My comments to replies
Hi Sonal, I don't think that they are offering 2.5 and 3BHk flats in Breeze, Dahisar West. Only 1 and 2BHK from 419-663 sq-ft. and its current quoted price is Rs. 23920/sq-ft. It is G+19 storey apartment consists 3-towers and 300 units. This project is under construction and possession by 2020.
Yes, but i saw in their site that it still under pre-launch project list. I am not sure whether this project is still in pre-launch phase or under construction. But i am pretty sure that it could be one of the biggest layout in Dahisar. There is maximum ventilation in East-West layout. 1 BHK flat are available in Tower-B 4th floor.
17th February 2017

Hi, I want to now its base price and what other charges are included in it? What will be the booking amount of a 1BHK flat?
Hello Gautam, 1BHK is available in 700 sq-ft. (built-up area) and it's base price will be Rs.12500/sq-ft. and floor rise charges from 1st floor is Rs.50. Apart from that, legal and miscellaneous charges - Rs.50000, electricity, water and piped gas connection - Rs.75000, Development Charges - Rs.175000 and club membership - Rs.200000. Booking amount will be Rs.5 lakh for a 1bhk flat.
17th February 2017

Q: Have seen in some posts that alta Monte is build on part of cemetery land. Wanted to know was this cemetery active before the land was occupied. And what will be build on this cemetery land now. Is BMC allows to have cemetery land near residential housing? Will this cemetery be given to public to be in use after project is completed?

My replies to this discussion
Hi Madhuika, According to Appendix 4 of the Development Control Rules 33 (10), a developer who utilises cemetery land for redevelopment is supposed to return 25% of the original plot area after the project. This means for the above plot, Omkar Realtors had to give back 1496.90 sq- mtr to the SRA.Hi Madhuika, According to Appendix 4 of the Development Control Rules 33 (10), a developer who utilises cemetery land for redevelopment is supposed to return 25% of the original plot area after the project. This means for the above plot, Omkar Realtors had to give back 1496.90 sq- mtr to the SRA.
Q: After borrowing with the agreement to payback yearly 5% for 7years Is now not up to 2years I want to pay him back but he is asking for The full 7years EMI I'm loosing facts to this subjection Please is this right?

My replies to this discussion
Yes, there is another way which is known as "Loan Closure by Prepayment". It is an alternative way to close a loan is by prepayment. When the complete amount of your loan account is paid before the end of its tenure, it is known as prepayment. In order to adopt the prepayment method, you the following specifics have to be taken care of. Preferably, the prepayment is done by visiting the bank personally. You will need to carry your bank statement which will have a record of the last EMI’s payment transaction. A letter needs to be requested that has to have the signature of the loan applicant, PAN card details and the amount that has to be paid.Yes, there is another way which is known as "Loan Closure by Prepayment". It is an alternative way to close a loan is by prepayment. When the complete amount of your loan account is paid before the end of its tenure, it is known as prepayment. In order to adopt the prepayment method, you the following specifics have to be taken care of. Preferably, the prepayment is done by visiting the bank personally. You will need to carry your bank statement which will have a record of the last EMI’s payment transaction. A letter needs to be requested that has to have the signature of the loan applicant, PAN card details and the amount that has to be paid.
My replies to this discussion
Hello Mr Ashish!!1 Why this project is on hold? Is there any litigation issue with it? Kindly mention the cause of holding as we are in great difficulties. I have invested my hard earned money and waiting for my flat possession.Hello Mr Ashish!!1 Why this project is on hold? Is there any litigation issue with it? Kindly mention the cause of holding as we are in great difficulties. I have invested my hard earned money and waiting for my flat possession.
Q: Here I'm searching best real estate property in Mumbai.

My replies to this discussion
Hi, Kolte Patil Breeze by Kolte Patil Developers located in Dahisar East, Mumbai. It offers 1 and 2 BHK residential flats. Sizes of these flats are available from 418-422 sq-ft. in 1 BHK and 653-663 sq-ft. and it's current rate is Rs.23900/sq-ft. And date of possession is November 2020. It has 3 elegant towers. These homes have modern layouts and large wide windows for maximum natural lights and air. East tower has grand entrance lobby.Hi, Kolte Patil Breeze by Kolte Patil Developers located in Dahisar East, Mumbai. It offers 1 and 2 BHK residential flats. Sizes of these flats are available from 418-422 sq-ft. in 1 BHK and 653-663 sq-ft. and it's current rate is Rs.23900/sq-ft. And date of possession is November 2020. It has 3 elegant towers. These homes have modern layouts and large wide windows for maximum natural lights and air. East tower has grand entrance lobby.
@Sonal, Project Kolte Patil Breeze is located as Dahisar (W), Mumbai, and is a great place when it comes to connectivity. The Borivali Station is only 4.4 km away. Many transport corridors are being planned in the vicinity. The WEH is nearby. There are many reputed schools and hospitals nearby. Overall, locality looks promising for family living.@Sonal, Project Kolte Patil Breeze is located as Dahisar (W), Mumbai, and is a great place when it comes to connectivity. The Borivali Station is only 4.4 km away. Many transport corridors are being planned in the vicinity. The WEH is nearby. There are many reputed schools and hospitals nearby. Overall, locality looks promising for family living.
Q: I rented a 1BHK flat in Andheri and signed 11 month leave & license agreement 5 days ago. There is a 6 month lock-in and 1 month notice period. Due to some misunderstanding and lack of furnished items in flat and owners mean behaviour, I (the tenant) want to cancel the agreement . However the owner said he will not return the deposit of 50,000 but he will return the cheques of remaining deposit and monthly rent if we sign the cancellation agreement, thereby waiving him of 50,000. Is it legal for the owner to do so ? And if there is any way I can get my money back without legal troubles with owner in future on cancelled or stop cheques in case I don't agree to waiving my deposit left with him ?

My replies to this discussion
No, its illegal. Owner has no rights to waive off the deposit. Better, you file a case against the owner in consumer forum. You can also take the advice of a legal expert in this matter.No, its illegal. Owner has no rights to waive off the deposit. Better, you file a case against the owner in consumer forum. You can also take the advice of a legal expert in this matter.
Q: I HAVE INVESTED IN THE OYSTER LIVING CLUBLIFE PROJECT SINCE OVER A MONTH AND I AM STILL AWAITING THE ALLOTMENT LETTER.OYSTER PEOPLE EITHER NOT RESPONDING OR KEEPING THEIR PHONES OFF.ANY LEADS FOR REGISTERING A COMPLAINT? EMAILADDRESS?
My replies to this discussion
Hi Koushik, Do not know about this Oyster Living Clublife but Oyster Living at Dahisar East on highway which has 1 and 2 BHK at low rates. There is separate thread for the same. It is an SRA and apart from sample flat there is no progress on ground for more than 2 yrs. But as far as builder is concerned, there are many negative feedback against the builder and its project.Hi Koushik, Do not know about this Oyster Living Clublife but Oyster Living at Dahisar East on highway which has 1 and 2 BHK at low rates. There is separate thread for the same. It is an SRA and apart from sample flat there is no progress on ground for more than 2 yrs. But as far as builder is concerned, there are many negative feedback against the builder and its project.
Q: TRINITY HEIGHTS, Kursija grp, Thane....construction STALLED!!! Owners please reply here for joint action.

My comments to replies
Yes, this project is stalled and no updates on it. Is there anyone who can update us on this project?
I have seen in most of the property portal they have mentioned its possession date July-August 2017. But seeing the current status, it will take another 2-3 years to complete. But you don't need to worry now, as this project is under construction so it is coming under RERA guidelines.
13th July 2017

My comments to replies
If you have a budget to buy a home in Mumbai, Panvel is the best option to consider. The USP of Hiranandani Fortune City, Panvel is its location advantage as the project is located at the area which is 10 minutes away from the Mumbai Pune express highway. It is easily accessible from the Panvel railway station and Navi Mumbai International Airport. Moreover, the project offers 1, 1.5, 2 and 3 BHK luxurious studio apartments with all modern amenities at affordable price. Affordability and location advantage are some of the factors which make this project attractive for home buyers.
Yes, and it variants are available from 303 sq-ft. in Studio Apartment, 450-630 sq-ft. sq-ft. i 1 BHK, 1289 sq-ft. in 2 BHK and 2203-2390 sq-ft. in 3 BHK. Its current rate is Rs.6000/sq-ft. This project is under construction and ready-to-move by March 2019.
31st July 2017

Q: Ariisto Codename Big Boom presents first mega pre-launch Project in Mumbai. Mulund is attracting a many of developers. The majority of the projects developed in this hotspot are of multi-faceted types.For more information Visit -ariistocodenamebigboom.upcomingestate.com
Rahul Kumar

My comments to replies
Hi Rahul, Ariisto Codename Big Boom, located at Mulund West, Mumbai. It offers 2 and 3BHK residential apartments. Sizes varies from 700 sq-ft in 2BHK and 822-880 sq-ft. in 3BHK and its starting price is Rs.1.61 crore to 2.10 crore onward.
Hi Shantanu, Is this project approved with RERA? What is the current status of this project and what is per square foot rate builder is quoting?
30th August 2017

Q: Hi I have booked 1.5 BHK in my city walk in Aug 2015. The registration is not done yet. Wish to know the work progress and paperwork progress.

My replies to this discussion
I think you should immediately visit the builder and force them to get your flat register. Why are you paying all those EMI if builder is not registering your flat. Stop EMI until your flat get registered. You can not take any legal action if builder deny to give you the said amenities. ThanksI think you should immediately visit the builder and force them to get your flat register. Why are you paying all those EMI if builder is not registering your flat. Stop EMI until your flat get registered. You can not take any legal action if builder deny to give you the said amenities. Thanks
My replies to this discussion
Hi Ramdas, I want to know about the project approval of Park Grandeur, Baner, Pune. Which local body and financial institutions are funding this project? How is the project locality and its connectivity to the other parts of Pune City?Hi Ramdas, I want to know about the project approval of Park Grandeur, Baner, Pune. Which local body and financial institutions are funding this project? How is the project locality and its connectivity to the other parts of Pune City?
Q: Mohan Gorups- Misused Society Maintenance Money. They have taken around 1.35 -1.5 lac+ Society maintenance Fund from each member. but While handing over the society, we have noticed that they have paid their employee salary and huge Diwali bonus from this Society maintenance fund. Which definitely unethical and incorrect. They have misuse our society maintenance fund.

My replies to this discussion
Hello Tushar, Before the formation of apartment owners association, it is the duty of the builder to maintain the apartment and its amenities. Most developers provide a corpus fund for the maintenance of the apartment and its amenities. The builder collects maintenance fund from each buyer which will not be shown in the basic sales price of an apartment. The maintenance fund collected from each apartment owner is deposited as a corpus fund. The Corpus fund is generally not allowed to be utilized for the attainment of the purpose, but interest or dividend on such fund can be utilized. You can take the legal action against the builder in the consumer forum.Hello Tushar, Before the formation of apartment owners association, it is the duty of the builder to maintain the apartment and its amenities. Most developers provide a corpus fund for the maintenance of the apartment and its amenities. The builder collects maintenance fund from each buyer which will not be shown in the basic sales price of an apartment. The maintenance fund collected from each apartment owner is deposited as a corpus fund. The Corpus fund is generally not allowed to be utilized for the attainment of the purpose, but interest or dividend on such fund can be utilized. You can take the legal action against the builder in the consumer forum.
Q: Salarpuria Opus Bangalore property is Located in Dasarahalli, Bangalore. Salarpuria Sattva Opus project allows Home buyers to get 2 & 3 BHK residential apartments of size range 1239 sq ft to 1586 Sq ft. Salarpuria Sattva, offers 80 per cent open space with panoramic views & a plethora of lifestyle amenities. For More Details, Visit Website www.salarpuriasattvaopus.ind.in
My comments to replies
Hello Vivek, Salarpuria Sattva Opus by Salarpuria Sattva Group located at Tumkur Road, Bangalore. This project is spread over 2.78 acres of land consists 278 units of 2 and 3 BHK in 3- towers. Variants are available from 1239 - 1246 sqft (built-up area) in 2 BHK and 1441 - 1586 sqft in 3 BHK. Its current asking rate is Rs.6465 per sqft. And its expected possession date will be June 2021.
Thanks Ashish. Are all approval in place? Which local body and financial institutions are funding this project? And what is RERA Registration number if its an under construction project?
6th April 2018

Well, Vinay Salarpuria Sattva Opus is a BBMP approved the project and all the leading banks and financial institutions such as SBI Home Loan, PNB Housing Fin, Axis, HDFC Home Loan and Indiabulls Housing Finance are funding it. As far as RERA approval is concerned, PR-KN-170731-000747 is its RERA Registration number.
Thanks once again. Is there any good offer going on? What will be the booking amount and payment details?
6th April 2018

Q: Dosti Desire is a new launch real estate project by Dosti Realty Group, offers 1, 2 and 3 BHK Apartments in Brahmand Thane, And this location is showing advancement as you can see after coming here. Lush green areas are spreading along the road till your eyes can reach in Thane. Shopping area, mall, educational institutions and healthcare facilities are very close to the apartments. You will enjoy the lifestyle of this destination, you should come here to see the benefit.
My replies to this discussion
Dosti Desire Joy RERA Registration Number is P51700008886 and it is approved by Thane Municipal Corporation. As far as bank approval is concerned, almost all the leading banks and financial institutions have been approved it.Dosti Desire Joy RERA Registration Number is P51700008886 and it is approved by Thane Municipal Corporation. As far as bank approval is concerned, almost all the leading banks and financial institutions have been approved it.
My comments to replies
Hi Vivek, What is the current status of this project as this project has been launched in the year 2016? Is there any latest info on it?
Dosti Desire by Dosti Group is a newly launched residential project located in Thane West, Thane. This project has been launched in the year 2016 but due to some reason project was kept on hold for sometimes. Now it has been officially launched and offering 1/2, and 3 BHK residential apartments. This project is coming under 2-tower. Tower-1 named Dosti Pearl and Towe-2 named Dosti Joy. Dosti Pearl is offering 2 and 3 BHK apartments and its variants are available from 517 - 607 sqft (carpet area) in 2BHK, and 782 sqft (Carpet area) in 3BHK. Its current asking rate is Rs.17600 per sqft. This project is spread over 25 acres of vast land and consists 480 units in 2-towers. As per RERA its revised possession date is December 2020.
20th April 2018

Q: If you are looking Full furnished Commercial Office Space in Andheri East, then you are in the right place. We Shubham Realtors is one of the best Commercial Real State service Provider in Mumbai. We provide best Furnished/ Unfurnished Office Space in Andheri East with high-Class facilities at commercial Rates. Visit our Website:- http://www.officeatmumbai.com/office-spaces-for-rent-in-andheri-east.html Call Us:- 9870270937
My replies to this discussion
Hello Shubham, IS there any small space available to open a coffee shop in Andheri East? What will be the price of a 500 sqft office space in Andheri East?Hello Shubham, IS there any small space available to open a coffee shop in Andheri East? What will be the price of a 500 sqft office space in Andheri East?
Q: Tell us more about your question. You can provide more details like specific examples or past experiences etc.

My replies to this discussion
You did not mention where in Navi Mumbai you are planning to invest and ur BHK option? Kindly, provide me specific area and BHK type. However, here are the varsities of properties and projects available for sale in Navi Mumbai. To get details, click this link 2 BHK flats for sale in Navi Mumbai Or, To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.You did not mention where in Navi Mumbai you are planning to invest and ur BHK option? Kindly, provide me specific area and BHK type. However, here are the varsities of properties and projects available for sale in Navi Mumbai. To get details, click this link 2 BHK flats for sale in Navi Mumbai Or, To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.
My replies to this discussion
They are one of the leading real estate developer in Mumbai, Maharashtra. This company is MAHARERA Certified and they are recently developing projects near Sealink and International Airport Navi Mumbai.They are one of the leading real estate developer in Mumbai, Maharashtra. This company is MAHARERA Certified and they are recently developing projects near Sealink and International Airport Navi Mumbai.
Q: As per RERA builder supposed to give us 31St December 2018. But considering work scenario and Progress he cant able to finish there work till April 2019. So can we demand compensation to builder or not??

My comments to replies
Most property contracts provide an estimated stipulation of the time period for construction. Please go through your contact papers to figure out the duration. If the possession date is 31st December 2018, then your builder has to give the possession on the given time otherwise he has to pay the penalty up to 10% of the property cost.
Check you agreement first. If your agreement has the same date of possession then you are liable to get compensation. The Tribunals constituted under the RERA are functional in most states and can be approached for any disputes relating to delay in possession. However, in those states where the RERA is still under process, it is the District or State Consumer Disputes Redressal Forum which will have jurisdiction (on the basis of the location and the price of the property).
9th January 2019

Q: My father has passed away and we are 3 females in the house. We are staying in ground floor. There is septic tank behind my toilet. which is covered from all the side. The only way to go there is from terrece . There is rod stairs which goes down there. Before, this was not the issue. But after my dad died they are saying we can make anyone cleaning it. Anyone can go and die. Previously i paid from my pocket but every time i cant do that. They dont even accept, if i cut the amount and pay the rest maintainence. i called septic tank cleaner they cleaned it. But one of the socity member started fighting. Again i m facing same issue. my toilet smelling worst and whenever water goes it started sound of not going water properly. please help me what can i do.... PLEASE.

My replies to this discussion
You can call for a society meeting and raise your voice. If the secretory of the society is not taking proper action, you can make a complain to your ward commissioner and explain them your issue. I hope they will resolve your issue soon.You can call for a society meeting and raise your voice. If the secretory of the society is not taking proper action, you can make a complain to your ward commissioner and explain them your issue. I hope they will resolve your issue soon.
Q: Shapoorji Pallonji pretty one project is Shapoorji Pallonji Northern Lights. it is spread on huge landscape parcel to offer 1 BHK, 2 BHK and 3 BHK residential homes with including world class residential amenities. If you are a home buyer and looking for classical and beautiful house among the natural atmosphere then you have come at right place. http://www.shapoorjipallonjinorthernlights.ind.in/
My replies to this discussion
Shapoorji Pallonji Northern Lights at Pokharan Road No 2, Thane is a pre-launch project in Thane so builder has not disclosed its details following the state RERA guidelines. Please, keep in touch with us for further updates. ThanksShapoorji Pallonji Northern Lights at Pokharan Road No 2, Thane is a pre-launch project in Thane so builder has not disclosed its details following the state RERA guidelines. Please, keep in touch with us for further updates. Thanks
Q: Hi! I had bought two units in Imperial Heights, Goregaon W, Mumbai in 2015. The handover has been delayed repeatedly and last year in RERA the builder had declared June 2019 as handover date and now they are applying for extension to June 2020 to RERA. We can't afford paying rent and EMI every month. What is the legal recourse that can be taken?

My replies to this discussion
There are six important provisions in RERA that may prevent the builders from delaying the projects and stick to deadlines rather than making a default. RERA has taken steps to not only make the promoter accountable but also make them pay compensation and penalty in cases of default of any provision of the rules. So, if your builder will ask for the extension, in that case, RERA will ask them to pay the penalty of delay.There are six important provisions in RERA that may prevent the builders from delaying the projects and stick to deadlines rather than making a default. RERA has taken steps to not only make the promoter accountable but also make them pay compensation and penalty in cases of default of any provision of the rules. So, if your builder will ask for the extension, in that case, RERA will ask them to pay the penalty of delay.
Q: Hi, have visited DB ozone & have found resale property(Investors flat) interesting. Would like to know if its good to go considering the long delay in project delivery. As Work of building 18 is still in progress. Also if we decides to go ahead then what all document needs to check before going ahead?

My replies to this discussion
Hello Amey, Here is the list of documents that need to be verified while buying a resale property 1) sale deed, 2) Building plan approval, 3) Completion or Occupancy Certificate, 4) Encumbrance Certificate, 5) Latest Tax Paid receipt, 6) Mutation deed and attain a copy of all previously registered agreements, 7) home loan documents, 8) NOC from all respective departments such as electricity or water board, and 9) Possession Certificate.Hello Amey, Here is the list of documents that need to be verified while buying a resale property 1) sale deed, 2) Building plan approval, 3) Completion or Occupancy Certificate, 4) Encumbrance Certificate, 5) Latest Tax Paid receipt, 6) Mutation deed and attain a copy of all previously registered agreements, 7) home loan documents, 8) NOC from all respective departments such as electricity or water board, and 9) Possession Certificate.
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