Kishore Pathak, Mumbai
Q: When will the Real Estate Regulation Bill to be passed? Will it provide any relaxation to a common man?

My replies to this discussion
It is true Sanjana, It is true Devraj, At the same time a builder or developer will have to enclose details of its existing projects, details of approvals, land title and payment dues while applying for registration of any project with the authority. The panel define again the carpet area, according to them, the net usable floor area of an apartment, excluding the area covered by the external walls and that under service shafts, exclusive balcony or verandah and open terrace areas, although it would include the area covered by the internal partition walls of the apartment.It is true Sanjana, It is true Devraj, At the same time a builder or developer will have to enclose details of its existing projects, details of approvals, land title and payment dues while applying for registration of any project with the authority. The panel define again the carpet area, according to them, the net usable floor area of an apartment, excluding the area covered by the external walls and that under service shafts, exclusive balcony or verandah and open terrace areas, although it would include the area covered by the internal partition walls of the apartment.
My comments to replies
Hi guys.... I think our discussion has come to an end as Parliamentary Committee on 31st of August 2015, recommended a slew of measures favoring property buyers and submitted its report in the House, which consist a 3-yrs jail term or a fine for a defaulting builder under a new law which will now cover projects of 500 sq-mt or 8-flats.
Hi Sanjana and all........ I am following this discussion last 3 months and found some useful information on Real Estate Regulatory Bill 2013. Believe me......this is really a good way for made discussion on current topics and let the people aware of the current events. What you have mentioned above it clearly indicates that the committee did not agree with earlier proposal that a person holding more than 2 apartments or plots in the same project should be treated as a promoter. Am i right?
4th August 2015

Q: I do not stay in Delhi-NCR but in future I am planning to shift in Pune, my preference will be Lahegaon area where I am planning to buy a residential plot. What is the future of this kind of investment? Will the plot be safe from the grab of the local people and is there any rule that we have to construct a house within a period of five years?

My comments to replies
We have 1 Acre & 2 Acre freehold, R-Zone plots in Handewadi Road for residential or Commercial Construction. Interested builders or Investors are welcome.
Hi, What is the price/sq-ft. of you plot? Is it a Agriculture plots or Non Agricultural Plots? Where is the project exactly situated? How is the connectivity and the basic facilities from the plots?
25th November 2014

Q: I heard that this property comes under Forest Land and investors may have to deal with court proceedings in future.

My comments to replies
Hello All- I am planning to buy flat in prestige residency project, thane. Need to know if they have got OC & if there is any dispute of forest land pending. Any suggestions/comments from the existing residents would be of great help. Awaiting reply THanks. Ramesh, Mumbai
Hi, Better visit the project site, see the construction status of the project with ur naked eyes, find out the realty whether the locality comes under forest zone or not. visit the developers office and ask for the legal documents, verify it by a property lawyer or local municipal. After getting the positive answer go ahead. After all it is a matter of ur hard earned money. Money once goes will never come easily.
8th October 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
Yes true Mr Dixit.. FSI is also the ratio of the total floor area of any particular property to the size of the land of that location.. An FSI of 3 would indicate that the total floor area of a building is three times the gross area of the plot on which it is constructed. Obviously higher FSI will add extra load on other services provided by state like water, electricity and sewage.Yes true Mr Dixit.. FSI is also the ratio of the total floor area of any particular property to the size of the land of that location.. An FSI of 3 would indicate that the total floor area of a building is three times the gross area of the plot on which it is constructed. Obviously higher FSI will add extra load on other services provided by state like water, electricity and sewage.
Q: What will happen if the central government implement the real state regulatory bill?

My comments to replies
The Union Cabinet has given green signal to Real Estate Regulatory Bill. The bill is going to improve the sentiments of buyers and will help developers who have a consistent track record in regard to delivery. The bill has brought many clauses which will impact different market. It will have maximum impact on Mumbai real estate due to its maximum number of consumer complaints and project delays while NCR and Bangalore will have medium or less impact. You can read good article on this topic on: propertyclubindia/Real Estate Regulatory Bill cleared by the Cabinet
Hello Sir, The Real Estate Regulation and Development Bill is made to help a reasonable and fair play in realty market. It is intended to benefit everyone connected with real estate sector. Earlier this bill was introduced in August 2013 in Rajya Sabha, after which it was introduced to a Parliamentary Standing Committee which made many recommendations to the bill and then submitted its report in February 2014.
9th April 2015

Q: Is this Project approved from HDFC Bank Loan.

My replies to this discussion
Hi all, I am planning to buy 2BHK flat in DB Orchid Suburbia, Kandivali West, Mumbai on resale. Is there any 2BHK available for sale? What will be the approximate cost of the flat?Hi all, I am planning to buy 2BHK flat in DB Orchid Suburbia, Kandivali West, Mumbai on resale. Is there any 2BHK available for sale? What will be the approximate cost of the flat?
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 replies to this discussion
Hi, I wanted to know the current price per sq-ft of Raunak City, Kalyan, Mumbai?Hi, I wanted to know the current price per sq-ft of Raunak City, Kalyan, Mumbai?
Q: I have booked one 2 bhk flat in pre launch. Now the builder is demanding service tax on the advance payment. My question is if the construction is not yet started then how come they ask for service tax now. It should be paid only construction starts or atleast when all the documents are in place

My comments to replies
hi, i have bought 1BHK in Bhagatani rio phase1. We had met the legal team a santacruz office. They say that this project is conceptualised on rehabilititaing some existing chawl on site and obtaining extra FSI on lines of SRA project. The MOU between bhagtani and the chawl association has been done few months back. Now bahgtani is in process to convert the land in their name which is at present in government's possesion. Once they have their name on the property card, may be they will apply for IOD and will get CC to start the construction. So u see commencement of construction seems a long wait!!!
Hi Chintak, Check carefully, Riyo is listed in upcoming projects tab. But the question is that will Bhagtani Riyo Phase I and II, would really start? Phase-I - Investors have crossed over 2 years and Phase-II - Investors have crossed over 1 years.
25th June 2015

Q: Status of Sunteck Orion in Airoli- Delay in commencement of work for lack of approvals? When will this project start. Its been a year since its prelaunch and i hear that it does'nt have required appropriation about your Question.

My comments to replies
Hi everybody, Can anybody tell me about this project? Have they started the construction work or still waiting for legal approvals?
Hi Miran, This project is on hold and still waiting for Intimation of Disapproval and Commencement Certificate.
15th July 2015

Q: There was some mistake on behalf of Mumbai authorities on RR rates in some parts of Mumbai. When will we get to know the correct prices?
My replies to this discussion
Hi, Maharashtra government announced new ready reckoner (RR) rates for Mumbai for 2015, hiking them by as much as 40% in some areas. The ready reckoner (RR) is a guide published annually by the state government, which determines the rate of properties in the particular area, on which stamp duty and registration charges are calculated.Hi, Maharashtra government announced new ready reckoner (RR) rates for Mumbai for 2015, hiking them by as much as 40% in some areas. The ready reckoner (RR) is a guide published annually by the state government, which determines the rate of properties in the particular area, on which stamp duty and registration charges are calculated.
Ready reckoner rates in Mumbai-Island City:- Average Ready Reckoner Rate increase in Colaba in 2015 compared to last year is 10.4% for plots/land and residential apartment-10.8%. Lower Parel:- land/plots-8.9% and residential apartment-9% Worli:- Land/plots-4.5% and Residential apartment-4.7% Mahim- land/plots-9.3% Residential apartment-9.5%Ready reckoner rates in Mumbai-Island City:- Average Ready Reckoner Rate increase in Colaba in 2015 compared to last year is 10.4% for plots/land and residential apartment-10.8%. Lower Parel:- land/plots-8.9% and residential apartment-9% Worli:- Land/plots-4.5% and Residential apartment-4.7% Mahim- land/plots-9.3% Residential apartment-9.5%
Lowest sub-divisional RR rate hike of 5% was seen in three sub-divisions of Colaba. Lower Parel taluka saw big gap in rate increases across sub-division, ranging from 2% to 35%. Worli taluka witnessed lower and more uniform hikes in RR rates compared to other talukas. Mahim taluka witnessed moderate hike in RR rates that ranged between 5% to 20%Lowest sub-divisional RR rate hike of 5% was seen in three sub-divisions of Colaba. Lower Parel taluka saw big gap in rate increases across sub-division, ranging from 2% to 35%. Worli taluka witnessed lower and more uniform hikes in RR rates compared to other talukas. Mahim taluka witnessed moderate hike in RR rates that ranged between 5% to 20%
Q: I have booked a flat in MAN OPUS in Aug 2010, I was told while buying that Pay 10% now, 10% in another 1 - 2 month, post plinth is ready another 10% & then 5% each after two floor & so on. But till date post 2 & half years of booking their plinth is not ready yet. I have been hearing that they have sold many flats to direct individuals & through HDFC & ICICI property research & has almost sold more than 60% of flats. Initially it was suppose to be a 6 blocks society now they have extended it to 14 blocks. I have been just hearing dates after dates from last 1 & half years from the concerned sales team that work will commence soon in full swing, but status quo till date. I am worried about my investment & i hope others too who have booked flats in the said property. Please assist with the exact current status. Also tell me where can i join the MAN OPUS Owners group for updates, please share links for the same. Regards, Srinivas Meghraj.

My replies to this discussion
Mr Meghraj, even I am also sailing in the same boat and what a waste of an investment. I am trying very hard to get my investment back as much as possible, but not able to. I think we all owners should join hands and fight against them. Mr Meghraj, even I am also sailing in the same boat and what a waste of an investment. I am trying very hard to get my investment back as much as possible, but not able to. I think we all owners should join hands and fight against them.
Q: Interested in 1bhk.. Pls get in touch with me..

My replies to this discussion
Hi Sushama, there are apartments available for sale in Dahisar east. What is your budget?Hi Sushama, there are apartments available for sale in Dahisar east. What is your budget?
Q: I heard a new township by Ambani is coming up in Navi Mumbai. What are the other details about the project. Please let me know.

My replies to this discussion
I have heard that the said project may add worries in the South Mumbai real estate market as Ambani is a huge player in front of many. Also, it will add a huge track of land and also inventory.I have heard that the said project may add worries in the South Mumbai real estate market as Ambani is a huge player in front of many. Also, it will add a huge track of land and also inventory.
Q: I am interested in this project.I want to know more details about this project. Rate, exact location, booking details

My replies to this discussion
It is located near NH 17, Palaspe village, Panvel. Junction of Goa - Pune Road, Near proposed International Airport. Distance From Panvel Station is 5 KM and Distance From Upcoming International Airport is 7 KM.It is located near NH 17, Palaspe village, Panvel. Junction of Goa - Pune Road, Near proposed International Airport. Distance From Panvel Station is 5 KM and Distance From Upcoming International Airport is 7 KM.
Q: I want resident plot in Shiv Ganesh Apartments virar (E). Please contact.
My replies to this discussion
Hi Namdev, Is it a plot or there are apartment units in this project? As far as I know they have apartment units for sale.Hi Namdev, Is it a plot or there are apartment units in this project? As far as I know they have apartment units for sale.
Q: Hi, I’m planning to invest but is confused if i should postpone my investments plans. Please suggest which areas will see the price correction and which areas will see the appreciation.

My replies to this discussion
In Worli, Lower Parel and Prabhadevi areas, flats in the 2,000-3,000 sq ft category are going for Rs 19,000-25,000 per square feet. The going rate for 1200-1500 square feet flat in Thane is Rs 84 lakh to Rs 1.05 crore.In Worli, Lower Parel and Prabhadevi areas, flats in the 2,000-3,000 sq ft category are going for Rs 19,000-25,000 per square feet. The going rate for 1200-1500 square feet flat in Thane is Rs 84 lakh to Rs 1.05 crore.
Q: Hi is it a good option to invest a 2BHK flat in Guru Atman (Kalyan west). do we see any prospects of increase in rates in the near future. The rate they are quoting are 4400.
My replies to this discussion
Hi Akanksha, I heard in Dec 2012, they are now running an inaugural offer and flats were sold at Rs 4299 per sqft. Compared to the other new projects in Kalyan getting developed, this one is good. Others are present at further deep down khadakpada/adarwadi side. Hi Akanksha, I heard in Dec 2012, they are now running an inaugural offer and flats were sold at Rs 4299 per sqft. Compared to the other new projects in Kalyan getting developed, this one is good. Others are present at further deep down khadakpada/adarwadi side.
Q: Is there a 2bhk,flat ready for sale,say,720built up areas,i have a budget of rs 35lakh,all legal,stamp duty,should be included in that price,Dominic Jude D'mello. Required by MARCH 2013
My replies to this discussion
Hi Dominic, you can get a 2 BHK flat for buying within 37 lakhs in this project. You can click on Post your Requirements and give your communication details to get matching properties details on your Email and Mobile. It had helped me in the past. Hi Dominic, you can get a 2 BHK flat for buying within 37 lakhs in this project. You can click on Post your Requirements and give your communication details to get matching properties details on your Email and Mobile. It had helped me in the past.
Q: Has the status of Khese Park in Lohegaon, being changed from Green Zone to Residential Zone in the DP?

My comments to replies
Any update on the status please? I am eagerly looking at investing in a bungalow plots..what the current rates going ?
Hello Amit, Came to know that the proposal has already been submitted to the Pune Development authorities and it has to be duly sanctioned by them. Currently the rate what is prevailing in and around Khese Park is Rs. 1600 per sqft.
28th March 2014

Q: I heard that BMC is taking some initiative for RR rates in Mumbai. What is it? How to know about RR rates in Mumbai?

My replies to this discussion
Brihanmumbai Municipal Corporations (BMC) has finally listened to the citizens’ woes. The civic body has taken steps to make the new property tax system transparent to the public. To start with, Stamp duty Ready Reckoner (SDRR) rates are now displayed on the official website of the civic body. The RR rates form the base value of a property. RR rates of a property in Mumbai is the base value of a property along with age of the building, floor and the built-up area of the building and so on. These are taken into account while calculating the capital value based property tax.Brihanmumbai Municipal Corporations (BMC) has finally listened to the citizens’ woes. The civic body has taken steps to make the new property tax system transparent to the public. To start with, Stamp duty Ready Reckoner (SDRR) rates are now displayed on the official website of the civic body. The RR rates form the base value of a property. RR rates of a property in Mumbai is the base value of a property along with age of the building, floor and the built-up area of the building and so on. These are taken into account while calculating the capital value based property tax.
Q: What can we expect from the real estate bill??

My replies to this discussion
Hi Dev and Anirudh, There are many builders who have to be controlled in and the current disciplinary action measures may not work as a sufficient defensive. So, the main objectives of the committee is to see how best they can protect the interests of helpless consumers from the high-handedness of powerful, unethical builders.Hi Dev and Anirudh, There are many builders who have to be controlled in and the current disciplinary action measures may not work as a sufficient defensive. So, the main objectives of the committee is to see how best they can protect the interests of helpless consumers from the high-handedness of powerful, unethical builders.
Q: Hi.. Anybody visited site of Runwal Garden City? what is the construction status now ? IVY Phase 2 is getting completed. Jayaraj

My replies to this discussion
Construction is still mid way.. Possession can be expected by mid of 2014.. Construction is still mid way.. Possession can be expected by mid of 2014..
Q: Hi, what are the prevailing rates of properties in Mumbai?

My replies to this discussion
Hi Akshay, seems like prices are going to reduce slightly.. the market position is like this- sales are going down.. very less number of people are booking flats nowadays.. On the other hand unsold properties are increasing.. So at this situation it is quite obvious that builders will offer discounts and offers to increase their flat sales.. Hi Akshay, seems like prices are going to reduce slightly.. the market position is like this- sales are going down.. very less number of people are booking flats nowadays.. On the other hand unsold properties are increasing.. So at this situation it is quite obvious that builders will offer discounts and offers to increase their flat sales..
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
Yes, I agree with Mr Dixit.. Few days back there was a demonstration in front of their office because of some of their scams. Many projects have been stalled. Further, they are trying to sell flats of this project by pre booking scheme. Hope, it is all fair. Please look once at the legal aspects before investing..Yes, I agree with Mr Dixit.. Few days back there was a demonstration in front of their office because of some of their scams. Many projects have been stalled. Further, they are trying to sell flats of this project by pre booking scheme. Hope, it is all fair. Please look once at the legal aspects before investing..
My replies to this discussion
This one is the new construction project from TATA Housing. The rates are pretty economic the avg psf rt now is 2300 but I am not sure whether there will be some appreciation and development in the Vasind area in the near future.This one is the new construction project from TATA Housing. The rates are pretty economic the avg psf rt now is 2300 but I am not sure whether there will be some appreciation and development in the Vasind area in the near future.
Q: Hi, i m looking to invest upto 30 lakh rupees in coming 6 months. which is a better place to invest and what are the upcoming projects?

My replies to this discussion
Even I agree with Sandeep.. The way Kharghar is shaping up is way beyond words. I am sure you can expect a good price appreciation in few years which will proportionally give you good returns.. Investing here will be beneficial.. Even I agree with Sandeep.. The way Kharghar is shaping up is way beyond words. I am sure you can expect a good price appreciation in few years which will proportionally give you good returns.. Investing here will be beneficial..
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
Yes.. Even I believe Shahpur will expect a price appreciation very soon following the Mumbai-Nasik Highway, in March 2012, prices of plots have risen by Rs 50-70 per sq ft.. Yes.. Even I believe Shahpur will expect a price appreciation very soon following the Mumbai-Nasik Highway, in March 2012, prices of plots have risen by Rs 50-70 per sq ft..
Q: Without even a project is launched officially, then how can we trust the project and invest our money in it? Even if we do invest, then what is the use of doing so?

My replies to this discussion
Pre-launch in real estate is referred to sale of units by developers even before their project is actually launched. Usually in this type of sale, buyers and investors are offered good discounts as the risk factor of their investment is high. Usually buyers are less interested in pre launch offers, investors are likely to grab them like hot cakes. From past 2 years, there were very few pre-launches offered in Mumbai. But now the scenario is improving. Many developers are offering pre-launches to generate more demand for their projects and attract buyers. Pre-launch in real estate is referred to sale of units by developers even before their project is actually launched. Usually in this type of sale, buyers and investors are offered good discounts as the risk factor of their investment is high. Usually buyers are less interested in pre launch offers, investors are likely to grab them like hot cakes. From past 2 years, there were very few pre-launches offered in Mumbai. But now the scenario is improving. Many developers are offering pre-launches to generate more demand for their projects and attract buyers.
Q: Do we have here any one who has purchased a flat @ Skyline Sparkle Nahur ?

My replies to this discussion
If you are interested , you can click on Post your Requirements and give your communication info to get matching properties details on your Email and Mobile. It helped me too.. If you are interested , you can click on Post your Requirements and give your communication info to get matching properties details on your Email and Mobile. It helped me too..
Q: Hi, I'm planning to invest in Panvelkar group in Green City or Campus at Ambernath. Can you please tell me whether it would be worth investing there in terms of property appreciation. Please note i dont plan to stay there and its purely for investment.

My replies to this discussion
Yes, you can invest in this project as the price is appreciating real good in this area.. Current rate is around Rs 3688 per sqft and it has increased by 10% as compared to last quarter..Yes, you can invest in this project as the price is appreciating real good in this area.. Current rate is around Rs 3688 per sqft and it has increased by 10% as compared to last quarter..
Q: I have booked a flat in Sai Nirvana, Shahad Circle, Kalyan (W) at 13th floor on last year April 2012 and paid 20% amount but still there is no work till date. Only they dig for the last 1 year. When asking about construction progress they just told we will start work within 1-2 weeks and same line they are repeating for the last 1 year. There receptionist are very rude and not know any thing. When asking about concern person so they just said come at office and talk about that.What would I do in this situation.From A buyer

My replies to this discussion
I agree with Mr Bhat.. You can check with the registrar's office if all the approvals of FSI and others are fine.. Also, take legal help if needed.. Consumer court can be another option..I agree with Mr Bhat.. You can check with the registrar's office if all the approvals of FSI and others are fine.. Also, take legal help if needed.. Consumer court can be another option..
Q: I heard some people are getting extra FAR under TDR. What does it mean?

My replies to this discussion
This plan is a part of Transferable Development Rights (TDR) under the new Master Plan that looks to provide flexibility for those who want to transfer their land for public utilities and get a floor area certificate in return. At a time of scarce land availability through this method, DDA gets land and owners also get some benefited in return. It is very much needed to increase the FAR in the city. Or else people will not be able to find residences in Delhi. This plan is a part of Transferable Development Rights (TDR) under the new Master Plan that looks to provide flexibility for those who want to transfer their land for public utilities and get a floor area certificate in return. At a time of scarce land availability through this method, DDA gets land and owners also get some benefited in return. It is very much needed to increase the FAR in the city. Or else people will not be able to find residences in Delhi.
Q: But present condition is that there is only plinth on the sight and if u ask them they are saying we will give you possesion in one year. The 18 months have already passed (i.e. in Nov. 2012) and from then I am in contact with builder but they are not answering me properly. But as a compensation they just offered me a 30 days free stay in there resort and that too they are counting it from January. I am asking them to give a possesion date on paper but they r refusing so wanted to stop there payment till possesion. I have taken a DHFL loan and they are just charging me interest and cannot start EMI unless there is full disbursement as per there policy. So I want to know 1. Can I take a legal action against builder and ask for compensation? 2. Can I stop there payment till possesion and if I stop there payment can they charge me a penalty? 3. Can I quit from the project and get the curreent market rate?

My replies to this discussion
Hi Anjali, you can take legal help against the builder and you might get compensated for all the harassment faced.. If you stop the payment, then yes they may charge you with penalty and show some other calculations.. So, its better to take legal action before the next payment due date..Hi Anjali, you can take legal help against the builder and you might get compensated for all the harassment faced.. If you stop the payment, then yes they may charge you with penalty and show some other calculations.. So, its better to take legal action before the next payment due date..
Q: "Is Tata Housing coming up with any new property or any new project in Mulund or nearby Thane or Ghatkopar? As just heard by a few fellow co-passengers talking that Tata Housing is coming up with a new property somewhere near Mulund. Is this True as I wanna buy a Tata Property somewhere in the central line, please keep me posted if anyone has any update on this... Awaiting to hear for you all guys..........."
My replies to this discussion
Tata New Haven is a pretty good project at a very reasonable rate and its location is less than 2km from Vasind station which has good local train connectivity to Mumbai (1.5 hours to CST). This one is the new construction project from TATA Housing. The rates are pretty economic the avg psf rt now is 2300 but I am not sure whether there will be some appreciation and development in the Vasind area in the near future.Tata New Haven is a pretty good project at a very reasonable rate and its location is less than 2km from Vasind station which has good local train connectivity to Mumbai (1.5 hours to CST). This one is the new construction project from TATA Housing. The rates are pretty economic the avg psf rt now is 2300 but I am not sure whether there will be some appreciation and development in the Vasind area in the near future.
Q: Want to buy 1BHK in Hex World Kharghar

My replies to this discussion
Hi Mangesh, there are 1BHK apartments available for sale in Hex World Kharghar.. What is your budget??Hi Mangesh, there are 1BHK apartments available for sale in Hex World Kharghar.. What is your budget??
Q: From last few months we are getting faulse commitment from Vihang builder, can some one tell us when will get Vihang valley phase 2 possession.Also heard that there are doing some cost cutting in kitchen area?Can some one tell us the truth

My replies to this discussion
Hi Ajay, even I had booked a 2 BHK in this project but came to know nothing of this as such.. Please throw some light what is that cost cutting in kitchen area.. We are being given proper space as what was told earlier.. Hi Ajay, even I had booked a 2 BHK in this project but came to know nothing of this as such.. Please throw some light what is that cost cutting in kitchen area.. We are being given proper space as what was told earlier..
Q: What are the future prospects of investing in titwala?
My comments to replies
Loading is 38% in Regency. In 735 Sqft Flat, I have got only 455 Sqft. Quality of work is also very poor.Should be very careful while buying the House at Regency. Regency Lost their fame and name in this project.
Please, do not do any booking only on the basis of the brochure, some presentation or looking at a sample flat. Make sure you visit the actual project site and see the location, how well connected the area is city, how are the roads, what is nearby the place and other important factors. A lot of people book properties in real estate expo and exhibition, which I do not think is a good idea at all.
3rd September 2015

HI everybody, Investment in Titwala is a hotbed due to relatively affordable prices. It is a small town located 23 km from Kalyan and Dombivli on the banks of river Kalu. It benefits from excellent connectivity thanks to the Kalyan-Ahmednagar Highway and NH-3. The area has good, wide roads. Titwala-Ambivali Road is a busy arterial one within this locality. Titwala railway station is the third one from Kalyan on the Mumbai-Kasara route along the central line. Thanks to the improving infrastructure and rising demand for affordable housing, Titwala is rapidly emerging a new location for budget housing in the Mumbai Metropolitan Region (MMR).
Yes, the affordable property prices in Titwala have led to a significant rise in demand for residential apartments. Many reputed and local developers have marked the potential of this region and are busy building mid-segment residential offerings. The most common configurations available are one and 2BHK apartments with a typical size of 500-650 sq-ft for a one BHK apartment, and 2BHK apartments measuring between 750-915 sq-ft.
10th September 2015

Q: Hi Iam Anshuman, I would like to buy 1BHK or 1.5BHK from Orchid Ozone in Dahisar, Let me know the price, Interested bulding 3,7,8. Intrested sellers can contact me. Note : No brokerage involved.
My replies to this discussion
Hi Anshuman, there are properties available for sale.. may I know your budget so that I can help you find properties..Hi Anshuman, there are properties available for sale.. may I know your budget so that I can help you find properties..
Q: ravi wankar

My replies to this discussion
I heard the project is good with all necessary amenities.. Anyways how is the rate that the developers are quoting?? Any idea?? Plz guide..I heard the project is good with all necessary amenities.. Anyways how is the rate that the developers are quoting?? Any idea?? Plz guide..
Q: What is the reputation of builder? is any other construction being carried out by this builder. Is the paper work is ready for the land.any suggestion please
My replies to this discussion
Hi, Has any one booked in Balaji Kalash Phase-5 project? It seems to be a very good location. Will it give a good returns in the next 3-5 yrs? I know the area is close to Panvel Station but still need some development. Kindly share your feedback on locality.Hi, Has any one booked in Balaji Kalash Phase-5 project? It seems to be a very good location. Will it give a good returns in the next 3-5 yrs? I know the area is close to Panvel Station but still need some development. Kindly share your feedback on locality.
Q: I want to know about the status of JACEE HOMES LTD. who want to develope existing [4+1] appartement [ KURLA MOON ROCK C.H.S ] by 7 floor tower at KURLA. MUMBAI 400 070 .

My replies to this discussion
Hi tariq, what is the project name that you are talking about?? Is it moon rock?? I have not heard much about this project, though I am a resident of Kurla.. Let me check the project.. Hi tariq, what is the project name that you are talking about?? Is it moon rock?? I have not heard much about this project, though I am a resident of Kurla.. Let me check the project..
Q: Is Nagpur metro rail project approved by government...??
My replies to this discussion
So what are the two routes planned for Nagpur metro..???So what are the two routes planned for Nagpur metro..???
Q: Hi ... any idea if the project had got OC?

My replies to this discussion
Hi.. It is a project by DB group and this group was past involved in 2G scam.. I would suggest you think before you invest in any of their projects..Hi.. It is a project by DB group and this group was past involved in 2G scam.. I would suggest you think before you invest in any of their projects..
My replies to this discussion
Tata New Haven is a pretty good project at a very reasonable rate and its location is less than 2km from Vasind station which has good local train connectivity to Mumbai (1.5 hours to CST). This one is the new construction project from TATA Housing.Tata New Haven is a pretty good project at a very reasonable rate and its location is less than 2km from Vasind station which has good local train connectivity to Mumbai (1.5 hours to CST). This one is the new construction project from TATA Housing.
My replies to this discussion
Hello Shekhar..if you are an owner of project then you can always join the project's owner group on this website. You can discuss any matter with other owners.Hello Shekhar..if you are an owner of project then you can always join the project's owner group on this website. You can discuss any matter with other owners.
Q: WE WANT TO SELL OUR FLAT IN HARMONY HORIZON FLAT NO. 202 A WING

My replies to this discussion
Hi Sunita, I would be interested.. however, could you please let me know about the area and the facilities given in the apartment..Hi Sunita, I would be interested.. however, could you please let me know about the area and the facilities given in the apartment..
Q: There were some issues in this project with the builder not providing municipal water and other facilities. The members are still having to buy these services at commercial rates.Has this been sorted out yet? Is it worthwhile to buy apartment here?

My replies to this discussion
As far as I know, there is water problem in the building and it does not look like getting resolved in near future. I would advise you to make a group and visit the consumer court or local ward office for relief.. Or else you can speak with other of not paying maintenance dues if any if water is not provided..As far as I know, there is water problem in the building and it does not look like getting resolved in near future. I would advise you to make a group and visit the consumer court or local ward office for relief.. Or else you can speak with other of not paying maintenance dues if any if water is not provided..
Q: What are the future prospects of investing in malad west. what are the upcoming residential projects in this area?
My replies to this discussion
In earlier times Malad west was full of slums and slums and villages but now it is quiet the opposite.. Today, the area has good price appreciation as many renowned builders have launched many projects here.. Also, good connectivity can be seen with the rest of the localities of the city.. Some of the popular residential destinations in the vicinity include Chincholi Bunder Road, Mind Space complex, Marve Road, Liberty Garden, Navy Nagar, Orlem, etc.. In earlier times Malad west was full of slums and slums and villages but now it is quiet the opposite.. Today, the area has good price appreciation as many renowned builders have launched many projects here.. Also, good connectivity can be seen with the rest of the localities of the city.. Some of the popular residential destinations in the vicinity include Chincholi Bunder Road, Mind Space complex, Marve Road, Liberty Garden, Navy Nagar, Orlem, etc..
Q: construction work is going on at DB site ? Slab date is getting delayed for last two years

My replies to this discussion
Jignesh, you can check for Apartments for sale in DB Orchid Ozone Apartments for sale in DB Orchid Ozone and look for the property as per your requirement. Even I had tried in here and had good results.Jignesh, you can check for Apartments for sale in DB Orchid Ozone Apartments for sale in DB Orchid Ozone and look for the property as per your requirement. Even I had tried in here and had good results.
Q: Flat should have wardrobes in the bedrooms & kitchen cabinets

My replies to this discussion
Hi Mr. Amarjit, are you looking to rent 3bhk flat in Anmol Towers only? Or are you interested in any other projects in Mumbai too? Because I came to know that there is a 2bhk available in Anmol Towers and 3bhk is not available.. so if u r fine with other projects, then I can suggest u a few. Hi Mr. Amarjit, are you looking to rent 3bhk flat in Anmol Towers only? Or are you interested in any other projects in Mumbai too? Because I came to know that there is a 2bhk available in Anmol Towers and 3bhk is not available.. so if u r fine with other projects, then I can suggest u a few.
Q: The builder is not entering into agreement and seating on booking amount

My replies to this discussion
There are other Apartments in Thane where you can look for.. There are other Apartments in Thane where you can look for..
Q: Guys, we all know about the news that illegal building collapsed in Mumbra. There are so many such buildings with poor construction quality in Mumbai, Delhi and other cities. The govt should do something to control such disasters. What do u say? Please share your views.
My replies to this discussion
You are right Mr. Joshi.. but our govt is not at all concerned I guess. More than 70 people lost their lives when the illegal building in Mumbra collapsed. Such disasters had happened in the past also..You are right Mr. Joshi.. but our govt is not at all concerned I guess. More than 70 people lost their lives when the illegal building in Mumbra collapsed. Such disasters had happened in the past also..
My replies to this discussion
Kohinoor Latis is one of the popular residential developments in Talegaon, neighborhood of Pune. It is among the ongoing projects of Kohinoor Group. 2 BHK apartments are available for sale in Kohinoor Latis and the price of the apartments ranges from Rs 26 lakhs to Rs 30 lakhs.Kohinoor Latis is one of the popular residential developments in Talegaon, neighborhood of Pune. It is among the ongoing projects of Kohinoor Group. 2 BHK apartments are available for sale in Kohinoor Latis and the price of the apartments ranges from Rs 26 lakhs to Rs 30 lakhs.
My replies to this discussion
I agree with Amol.. It all depends on the locality, amenities provided, the interiors, the flat itself.. Current trends include Rs 50- 70 lakh for a 2 BHK apartments in Kharghar.. I agree with Amol.. It all depends on the locality, amenities provided, the interiors, the flat itself.. Current trends include Rs 50- 70 lakh for a 2 BHK apartments in Kharghar..
Q: Hi, I own a plot and want to construct a house. it has been 15 years of me working and I want to withdraw money from my Employees provident fund ( EPF). How can I do this?
My replies to this discussion
Banks like SBI, Axis Bank, HDFC Ltd, ICICI Bank, etc, can be applied for a construction loan. As a thumb rule, if you are below 40 years, you should be eligible for around four times your net annual income as a loan of 20 years tenure. If the loan amount is below 30 lakh, the rate of interest will be in the range of 10% to 10.25% per annum. Banks like SBI, Axis Bank, HDFC Ltd, ICICI Bank, etc, can be applied for a construction loan. As a thumb rule, if you are below 40 years, you should be eligible for around four times your net annual income as a loan of 20 years tenure. If the loan amount is below 30 lakh, the rate of interest will be in the range of 10% to 10.25% per annum.
Q: How about the AIROLI-KOPARKHAIRANE STRETCH? Is it a promising destination for real estate investments?
My replies to this discussion
Another reason is the rising demand for commercial space that has given a boost to the overall real estate market in and around the corridor. Due to proximity to the Dhirubhai Ambani Knowledge Center and Millennium Business Park, the demand for residential properties has increased substantially. Also, with companies such as Siemens, Patni and other small ventures catering to the IT/ITeS and the financial sector commencing their business on this stretch, demand is on an all-time high. A monthly income of about Rs 12,000-20,000 per month, for a two-bedroom unit can be expected..Another reason is the rising demand for commercial space that has given a boost to the overall real estate market in and around the corridor. Due to proximity to the Dhirubhai Ambani Knowledge Center and Millennium Business Park, the demand for residential properties has increased substantially. Also, with companies such as Siemens, Patni and other small ventures catering to the IT/ITeS and the financial sector commencing their business on this stretch, demand is on an all-time high. A monthly income of about Rs 12,000-20,000 per month, for a two-bedroom unit can be expected..
Q: Hi, whats the current rate and any update on the proposed airport/metro station ?
My replies to this discussion
Hi.. Rates are around Rs 27- 44 lakh for 1-2 BHk apartments in this project.. Are you looking to book an unit in this project?? What is your budget??Hi.. Rates are around Rs 27- 44 lakh for 1-2 BHk apartments in this project.. Are you looking to book an unit in this project?? What is your budget??
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
Also, residents had filed applications under the Right to Information Act at the Brihanmumbai Municipal Corporation office but to no avail. The officials claimed that they were unable to trace the files of their building. A resident has alleged that builder is not taking any extra step to obtain the occupation certificate for the building which is now more than seven years old.Also, residents had filed applications under the Right to Information Act at the Brihanmumbai Municipal Corporation office but to no avail. The officials claimed that they were unable to trace the files of their building. A resident has alleged that builder is not taking any extra step to obtain the occupation certificate for the building which is now more than seven years old.
My replies to this discussion
As per a rule which has been passed recently mentions that a builder should calculate prices only upon carpet area; else it will be illegal.As per a rule which has been passed recently mentions that a builder should calculate prices only upon carpet area; else it will be illegal.
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
It seems the residents of Campa Cola society refused to move out of the compound when the civic squad and police arrived for the demolition of the illegal floors as the Supreme Court had set 11th November as the deadline to vacate the the flats.It seems the residents of Campa Cola society refused to move out of the compound when the civic squad and police arrived for the demolition of the illegal floors as the Supreme Court had set 11th November as the deadline to vacate the the flats.
Q: Dear Sirs, Suppose I sell a residential flat in 2013 for Rs 1.62 cr approx. (going market rate) which was purchased in 1985 - 1986 for Rs 2.55 lacs: 1) What is the VAT / Service tax / TDS tax / any other tax me / buyer will have to bear / pay (if any)? It seems some new rule is come into effect from June 01, 2013 regarding service tax. I request clarification. 2) What is the long term capital gain tax I have to pay on sale of the flat? Likewise, if I invest the proceeds of sale in part or full in purchase of residential flat (new / resale) what will be my tax outgo (VAT / Service tax / TDS tax etc) Thanks, Shivakumar R Sharma email:shivakumar_sharma@yahoo.co.in

My replies to this discussion
Hi, Service tax is payable only on property purchase directly from builders and is not required in case of resale property purchase as there is no service provided. Parking charges are exempted from the service tax ambit.Hi, Service tax is payable only on property purchase directly from builders and is not required in case of resale property purchase as there is no service provided. Parking charges are exempted from the service tax ambit.
Q: looking for 2 bhk please tell the price need budget flat.
My replies to this discussion
HI Arup, Poddar Developers Limited presents their new project Samruddhi Evergreens at Badlapur, one of the fastest growing towns in Mumbai Conurbation. This project is spread over 25 acre of land and is approved by the Collector of Thane. The location provides great connectivity to Mumbai and beyond, as it is only 3 kms away from Badlapur Railway Station. It is expected that the date of possession will be June'2015 as per developer's word.HI Arup, Poddar Developers Limited presents their new project Samruddhi Evergreens at Badlapur, one of the fastest growing towns in Mumbai Conurbation. This project is spread over 25 acre of land and is approved by the Collector of Thane. The location provides great connectivity to Mumbai and beyond, as it is only 3 kms away from Badlapur Railway Station. It is expected that the date of possession will be June'2015 as per developer's word.
Q: Earlier I was confident about Hubtown, however because of delay in completion of the project, getting worried.

My replies to this discussion
As per the telephonic conversation with the sales person. Hubtown Greenwoods,Single Construction with 6 wings. Possession date: B/C wings::Dec 2013, A/D wings::Apr 2014, E wing:: May 2014 and F wing::Dec 2014As per the telephonic conversation with the sales person. Hubtown Greenwoods,Single Construction with 6 wings. Possession date: B/C wings::Dec 2013, A/D wings::Apr 2014, E wing:: May 2014 and F wing::Dec 2014
Q: hey please send me all the details on iffysniffy@hotmail.com. looking for a 2 or 3 bhk close to international airport. Anything that will be ready in next 5 yrs .

My replies to this discussion
Hi Iffy, Flats are available for sale in Orbit Residency Park. You can check the availability hereHi Iffy, Flats are available for sale in Orbit Residency Park. You can check the availability here
Q: Gateway shelters is a good choice or not? I can't decide as I cannot find any reviews about them all over the internet. So please ppl... take 2 minutes and give me your experiences so I can decide smartly.\\\\\ Anyone who has experience buying home from either of their sites Please help me make a smart choice. Cheers U

My replies to this discussion
Gateway Shelters Building Excellence is a premier property developer and one of the leading marketing sources in real estate companies. The company make sure that the properties which they are marketing has clear titles, good quality & appreciation factor and right location for respective purposes.Gateway Shelters Building Excellence is a premier property developer and one of the leading marketing sources in real estate companies. The company make sure that the properties which they are marketing has clear titles, good quality & appreciation factor and right location for respective purposes.
Q: Can anyone tell me how is the residential real estate in Mira Bhayandar? Is there any development happening in this belt?
My replies to this discussion
Excellent infrastructure development has fueled the growth of the housing market in the locality. As a step towards better infrastructure, MMRDA has also constructed a skywalk, which is close to the Mira road Railway station, to facilitate the residents.One of the important developments which has given adequate impetus to the residential real estate market in the region is the proposal of 4-lane road that connects Bhayandar and Gorai.Excellent infrastructure development has fueled the growth of the housing market in the locality. As a step towards better infrastructure, MMRDA has also constructed a skywalk, which is close to the Mira road Railway station, to facilitate the residents.One of the important developments which has given adequate impetus to the residential real estate market in the region is the proposal of 4-lane road that connects Bhayandar and Gorai.
My comments to replies
Residential growth have witnessed a rapid development in the vicinity in the last few quarters. The price range in April-June 2012 was Rs 5000- Rs 5500 per sq ft, while the price range between April-June 2013 was Rs 6000- Rs 6400 per sq ft for a multistorey apartment. In one year, there was an increase of around 19% in property rates due to excellent connectivity and easy accessibility.
The primary reason for the continuing price appreciation of this locality is its growing connectivity and infrastructure. The Western Express Highway connects the suburb to Navi Mumbai as well as the island city of Mumbai. The Mira Road and Bhayander railway stations lie on the western railway of Mumbai's suburban railway network. This railway line connects the Thane suburb to the western and central suburbs of Mumbai. The BEST buses provide public transport between these suburbs. Apart from this, there are other state as well as municipal bus transport systems to various parts of Mumbai and Navi Mumbai from this area.
23rd October 2013
Another reason for growing property prices is its social infrastructure. The locality is decently planned and has good wide roads. It has a number of schools and colleges. It has a couple of good multi-specialty hospitals. The area has several manufacturing units.
23rd October 2013

Q: Pl provide feedback and inputs on this project in Malad W - what is the pricing being asked and how much is the carpet to super loading. Pl also share if this is a good project and builder to invest in - are they willing to negotiate the price. Members and those who have booked - feedback appreciated

My comments to replies
Romell Diva offers 2 and 3 bhk apartments. The size of apartments ranges from 1170 to 1485 sq.ft. The price falls in the bracket of Rs 1.40 crores to Rs 1.80 crores
Which are the banks providing home loan for this project?
18th July 2013

Q: What is the reason for the downfall in the property rates in Mumbai?
My replies to this discussion
Increasing number of urban homes have further added to the reason for the downfall of property rates in the city. According to Ministry of Housing and Urban Poverty Alleviation, more than 11 million homes in the urban areas are lying vacant.Increasing number of urban homes have further added to the reason for the downfall of property rates in the city. According to Ministry of Housing and Urban Poverty Alleviation, more than 11 million homes in the urban areas are lying vacant.
My comments to replies
Increasing number of urban homes have further added to the reason for the downfall of property rates in the city. According to Ministry of Housing and Urban Poverty Alleviation, more than 11 million homes in the urban areas are lying vacant.
Such properties are held out by developers with a belief that there might be an appreciation in the capital values over the time. When the inventory comes on-stream, it could contribute towards price correction significantly.
18th July 2013

Lodha Developers, Nirmal Lifestyle, Runwal Developers, Omkar Builders, Orbit Corporation and HBS and Rajesh Lifespaces are some of prominent builders in Mumbai who got clearance for their high rise projects by the committee in the last few quarters.
I have read that an overall 76 proposals for high rise structures have been received by the committee by the end of the second quarter in 2013. Among these, most of the proposals cleared by the committee are for buildings more than 40 storeys, located mainly on the island city and eastern suburbs.
18th July 2013

My replies to this discussion
As far the telephonic conversation, all the national banks has approved the project. The project is spread over 10 acres of land and it will have 600 residential unitsAs far the telephonic conversation, all the national banks has approved the project. The project is spread over 10 acres of land and it will have 600 residential units
Q: How is the rates of properties in Navi Mumbai? Is it similar to Mumbai?

My comments to replies
Which the hottest residential destination in Navi Mumbai?
According to local builders and developers, the present land crisis in Mumbai, has stimulated the rise of Navi Mumbai’s real estate fortunes significantly. Factors such as excellent infrastructure growth ( proposed airport and Mumbai Trans Harbour Sea Link), adequate availability of land and easy connectivity to island city once the CST-Uran rail link and Sewari-Nhava Sheva sea link comes up, has further fueled the growth of the real estate market in Navi Mumbai.
22nd July 2013

Kesar Solitaire is one of the coming project in Palm Beach Road. Some other projects like NRI Complex Phase II, Mariners Lagoon Serenity, Shree Ananta Apartment, Shagoofa and Sea Palace are in ongoing status.
Navi Mumbai, a planned Satellite Township in Mumbai, has experienced a major surge in the real estate market in recent times. Properties here sells like hot cakes and real estate players, buyers, and investors all try to get benefited from it, thereby triggering the price significantly.
22nd 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 Vinay, Vasai East is a strategically located in the outskirts of the Financial Capital of the country. From electronic security systems to play areas for kids, gym, club houses, swimming pool, and the best thing these all features a part of affordable housing in the area. This place is the prefect place to invest. The Phase-II is expected to be delivered in next 18 months from its launch date. Approved by CIDCO and leading nationalize banks & financial institutions are proving loans for the flats with pleasure.Hi Vinay, Vasai East is a strategically located in the outskirts of the Financial Capital of the country. From electronic security systems to play areas for kids, gym, club houses, swimming pool, and the best thing these all features a part of affordable housing in the area. This place is the prefect place to invest. The Phase-II is expected to be delivered in next 18 months from its launch date. Approved by CIDCO and leading nationalize banks & financial institutions are proving loans for the flats with pleasure.
Q: How is the real estate market in Kharghar? What are the price trends in this area?
My replies to this discussion
Thank you everyone for providing me all valuable information about the area and projects coming up in this area. I am planning to invest in Millennium Icon.Thank you everyone for providing me all valuable information about the area and projects coming up in this area. I am planning to invest in Millennium Icon.
My comments to replies
The residential properties available here include residential houses, builder floor apartments and multi storey apartments. The built area of a 1 BHK property ranges from 400 – 800 sq ft. A 2 BHK property has a built area ranging from 800 – 1,375 sq ft. A 3/4 BHK property has a built area between 1,400 – 3,250 sq ft while a 5 BHK property may have a built area of 2,000 – 8,000 sq ft.
What is the rate per sqft of a multi storey apartments and builder floor apartments?
29th July 2013
What are the name of expensive projects in Kharghar?
29th July 2013

Q: What is the price trends in this area? What about the connectivity?

My replies to this discussion
Nalasopara is a suburb in Mumbai and a town within Mumbai conurbation. Nalasopara is a very old city and is located near Sopara which was a chief and important port in ancient times. Sopara or modern day Nalasopara has been there since the days of emperor Ashoka. Modern day Nalasopara is divided into East and West, the western part being more developed and connected due to planning.Nalasopara is a suburb in Mumbai and a town within Mumbai conurbation. Nalasopara is a very old city and is located near Sopara which was a chief and important port in ancient times. Sopara or modern day Nalasopara has been there since the days of emperor Ashoka. Modern day Nalasopara is divided into East and West, the western part being more developed and connected due to planning.
My comments to replies
Nalasopara is a suburb in Mumbai and a town within Mumbai conurbation. Nalasopara is a very old city and is located near Sopara which was a chief and important port in ancient times. Sopara or modern day Nalasopara has been there since the days of emperor Ashoka. Modern day Nalasopara is divided into East and West, the western part being more developed and connected due to planning.
Gulmohar Heritage Phase II, Dreams Nirman, Reliable Dreams, Shree Vallab Apartment Shree Sai Enclave and Kanthi Enclave are some of the ongoing projects in Nalasopara.
1st August 2013

Q: How was the real estate market in Mumbai in Quarter April-June 2013?

My replies to this discussion
The realty market in Mumbai has been dim for some time. However, the number of high-rise buildings has just grown. Several developers are launching many high-rise multi-storey projects.The realty market in Mumbai has been dim for some time. However, the number of high-rise buildings has just grown. Several developers are launching many high-rise multi-storey projects.
My comments to replies
Any building of height more than 70 mts or around 22 storeys can be considered a high-rise building. The technical high-rise committee of the Brihanmumbai Municipal Corporation (BMC) cleared 62 proposals for multi-storey projects during the first half of 2013.
It had received about 76 proposals this year till June and most of the proposals had buildings with over 40 storeys.
5th August 2013
The proposals cleared were mostly in the eastern suburbs and island city. Most of these projects belong to well-known developers such as Lodha Group, Nirmal Lifestyle, Omkar Builders and Orbit Corporation. Some projects are Lifestyle City and Omega by Nirmal Lifestyle, Lodha Splendora and Casa Rio by the Lodha Group.
5th August 2013

My comments to replies
Hi Prasad, They are asking for Rs 1 Lakh as booking charges and you can take loan from all the banks except ICICI.
What are the configuration? What is the rate per sqft?
13th August 2013

Q: What is the status of the project? It was suppose to get to commence its services in September this year?
My replies to this discussion
What is the estimated price of the project and which are the areas the monorail will connect?What is the estimated price of the project and which are the areas the monorail will connect?
My comments to replies
Phase-I connects Jacob Circle to Chembur via Wadala, Mulund to Borivali via Goregaon, Virar to Chikhaldongri, Lokhandwala to Kanjurmarg through Santacruz SEZ and Thane to Dahisar via Mira Bhayandar. Phase-II will connect Kalyan to Dombivli via Ulhasnagar, Chembur to Kopar Khairane via Ghatkopar, Mahape to Kalyan via Shil Phata and Thane to Kalyan via Bhiwandi.
Will there be any effect in the Mumbai real estate because of this project?
13th August 2013

Q: I am looking for an affordable home in Mumbai. Which are the good areas in Mumbai for affordable housing?

My comments to replies
How is Vasai locality? Can I get affordable houses in Vasai?
Vasai too is undergoing commercial and industrial growth, and has seen consistent rise in property values in the last year. Yet, most properties here are in the affordable range. The average property price in Vasai is in the range of Rs. 4,600-4,900 per sq.ft. A 1-BHK property is available within a budget of Rs. 20-35 lakhs whereas, a 2-BHK property is available in the price range of Rs. 35-50 lakhs.
1st January 2014

Finding an affordable home in Mumbai in today's scenario is extremely difficult. In the situation where property prices are continuously rising in Mumbai, there are few localities such as Kharghar, Kamothe and Ulwe that may provide a bit of relief for people who are searching for affordable houses.
Most of the affordable houses on Mumbai's fringes are about 60-100 km away from Mumbai. These are areas such as Virar, Panvel, Shahpur, Karjat, Boisar, Ambivali and Kalyan. The cost of these houses range between Rs. 10-35 lakhs. Most of these areas were developed during the 2008 boom to attract lower and middle class buyers. The areas registered good sales as well despite the distance from Mumbai.
21st October 2013

Q: Hi all, I am Sunil Pandey from Chembur... I am Looking for residential flats in thane dist (western side). I have a budget of 35-45 lacs (loan sanctioned by Bank). Please can any help me to find our property?
My replies to this discussion
@Sunil, In this budget you will only get 1 BHK apartments in Thane West. You can check for projects like Unnathi Greens and Vijay Annex 3 they have apartments available for sale@Sunil, In this budget you will only get 1 BHK apartments in Thane West. You can check for projects like Unnathi Greens and Vijay Annex 3 they have apartments available for sale
Q: What is the expected date of OC for Puranik Hometown Phase 1? I have heard it is going to be mid 2014.
My replies to this discussion
Hi Darshan, have you booked an apartment in this project? Because when I called the sales person and they said that apartments in this project are completed sold outHi Darshan, have you booked an apartment in this project? Because when I called the sales person and they said that apartments in this project are completed sold out
Q: When the MMRDA is going to do the trail run for Mumbai monorail?
My replies to this discussion
How is monorail project going to effect the real estate?How is monorail project going to effect the real estate?
My comments to replies
The Mumbai monorail is set to commence its commercial trial run from September 1 this year after undergoing several technical trial runs. The commercial trial run will be carried out for a month on the 9.8 km section of the 20 km stretch between Wadala and Chembur.
The stretch between Wadala and Chenbur is 20 kms then why the trail run will be operational only for 9.8 kms?
20th August 2013

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
Guys!!! Mumbai infrastructure projects seem to be running into endless deadlocks and delays. After the Mumbai Trans-Harbour Link and the Mumbai metro, it is the Navi Mumbai airport which has run into trouble again. The growing uncertainty over the proposed Navi Mumbai International Airport has shaken the real estate scenario in Navi Mumbai. New projects which were launched in anticipation of the airport are witnessing plummeting sales and inventory pile up.Guys!!! Mumbai infrastructure projects seem to be running into endless deadlocks and delays. After the Mumbai Trans-Harbour Link and the Mumbai metro, it is the Navi Mumbai airport which has run into trouble again. The growing uncertainty over the proposed Navi Mumbai International Airport has shaken the real estate scenario in Navi Mumbai. New projects which were launched in anticipation of the airport are witnessing plummeting sales and inventory pile up.
My comments to replies
Now what is the reason for delay....CIDCO is offering 22.5% of developed land to the airport project affected people.
The much touted Navi Mumbai International Airport is to be built in the Kopra-Panvel area of MMR (Mumbai Metropolitan Region). The airport is intended to decongest Mumbai's current air traffic. However, the chief hurdle came in the form of problems with land acquisition. The project affected people (PAP) refused to allow CIDCO to go ahead with land acquisition without being paid a satisfactory compensation. The deadlock was broken when CIDCO along with the state government decided to pay the farmers 22.5% of developed land as compensation, which is the highest compensation for land acquisition till now.
18th September 2013

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.
The only attraction in these areas is the properties under construction which draw buyers who expect the town's infrastructure to develop by the time their houses are ready. Most of the under-construction apartments are sold out in the area. This has pushed up the prices of under-construction projects up to 10%.
18th September 2013

Q: The builder promised possession in Dec 2012 and now its delayed to Oct 2014. The builder is also demanding full payment way before possession which was not told to buyers at the time of purchase.

My replies to this discussion
It is better to form a group and talk with the builder of the project as he has not told anything about the payment at the time of purchase. You can also take help from legal expert in this situation.It is better to form a group and talk with the builder of the project as he has not told anything about the payment at the time of purchase. You can also take help from legal expert in this situation.
Q: Which are the areas the new railway link from CST to Thane going to touch?

My replies to this discussion
Will this infrastructure project going to help the Mumbai real estate market?Will this infrastructure project going to help the Mumbai real estate market?
My replies to this discussion
Hi Pravin, The price of a flat in Gokul Aangan starts from Rs 19 lakhs on wards.Hi Pravin, The price of a flat in Gokul Aangan starts from Rs 19 lakhs on wards.
Q: Can anyone provide me information about the project? How is the builder's reputation?

My comments to replies
The project is located in the heart of Thane city, right on the Eastern Express Highway and 10 minutes from the station and is spread across 127 acre of land, It is a self- sufficient township with modern living spaces, its own commercial complex, entertainment centers, retail and many more.
Rustomjee Urbania offers 1,2 and 3 BHK apartments with built up area ranging from 432 Sq. Ft. to 1570 Sq. Ft. The amenities provided are Padded Play Areas, Parks, Pool, Hobby Room, Creche, Game Room, Gazebos, Study Room, Recreational Facility, Flood Lit Cricket Pitch, Tennis, Yoga, School, Open Air Cafe and Fine Line Restaurant.
27th August 2013

How is the area to buy an apartment? Is the price affordable in Majiwada?
Earlier Majiwada was offering affordable housing but now Majiwada has become comparatively expensive to fit the affordable tag. The price trends in this area ranges from Rs 10,000 to Rs 10,900 per sqft.
27th August 2013

My replies to this discussion
As per the telephonic conversation with the concern person, they are quoting around Rs 11,500 per sqft which will be around Rs 78 lakhs for a 1 BHK.As per the telephonic conversation with the concern person, they are quoting around Rs 11,500 per sqft which will be around Rs 78 lakhs for a 1 BHK.
Q: How Goregaon is connected to the other parts of the city? Is it safe to buy a property in this locality?
My replies to this discussion
How is the demand for multistorey apartments in Goregaon?How is the demand for multistorey apartments in Goregaon?
Q: What is the reason for the endless delay in Mumbai Metro Rail?

My comments to replies
I heard that Mumbai Metro II may be extended to Dahisar. Is this going to benefit Dahisar?
Mumbai Metro Line II, also called Metro II may be extended beyond Charkop upto Dahisar. The Maharashtra Chief Minister has given an approval for the extension of the Charkop-Bandra-Mankhurd metro line to be extended up to Dahisar
20th December 2013

Will Mumbai Metro II going to impact the real estate market of eastern suburbs?
The second metro line will connect the eastern and western suburbs of Mumbai. Currently, eastern suburbs such as Mankhurd have lower property prices compared to their western counterparts as the infrastructure is not as good as the western suburbs. With the metro line, connectivity between the two ends of Mumbai will greatly improve. As a consequence, property prices in the eastern suburbs can be expected to go up. While prices have already seen a hike in these suburbs due to anticipation of the metro, there will be a further spike in the prices when the actual construction begins.
20th December 2013

What is the reasons for cost escalation?
The primary reason for the increase in project cost has been numerous delays in acquiring right of way (RoW) by the MMRDA and various other hurdles. MMOPL was given right of way on only 45% of land when the work began while it was supposed to be given RoW of 59% with land free of encumbrances. Land for the metro car shed was given after six months of beginning the work.
10th September 2013

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

My replies to this discussion
The price appreciation in South Mumbai has gone down in the previous year to 10% compared to the 30% appreciation two years ago. Rental yields are doing worse as they have fallen more than half. According to the current trends in Mumbai, most of the supply in South Mumbai is in the high end ultra-luxury segment and it is difficult to get buyers for these propertiesThe price appreciation in South Mumbai has gone down in the previous year to 10% compared to the 30% appreciation two years ago. Rental yields are doing worse as they have fallen more than half. According to the current trends in Mumbai, most of the supply in South Mumbai is in the high end ultra-luxury segment and it is difficult to get buyers for these properties
My comments to replies
The Napean Sea Road which has some of the most expensive apartments in the country by developers such as Lodha Group, Rohan Lifescapes and Orbit Developers. About 25% of the properties in this locality remain unsold. Investors who bought the properties at a lower price during the pre-launch are unable to sell their properties even after completion. According to real estate brokers, most of the investors in South Mumbai are looking at investing in the western and eastern suburbs with hopes of better returns.
There are very few areas in South Mumbai such as Prabhadevi and Lower Parel may be able to offer premium homes at reasonable prices.
16th September 2013

Q: What is the status of the metro projects in Mumbai Metropolitan Region?

My comments to replies
The metro projects in Mumbai Metropolitan Region (MMR) seem to be making a progress amidst certain delays. While the Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids for its underground metro line between Colaba and SEEPZ in Mumbai, the City and Industrial Development Corporation (CIDCO) in Navi Mumbai, is planning to extend its Belapur-Taloja line to Kalyan. Both lines are intended to improve connectivity in MMR.
I heard that MMRDA has invited bids for underground metro line. Did they get any bidder?
21st September 2013

Q: Which are the private equity firms that was affected by the fall in rupee value?

My replies to this discussion
Has the falling rupee hurt the foreign private equity?Has the falling rupee hurt the foreign private equity?
Q: I wish to contact people who booked a flat in Tata Amantra, for mutual understanding and benefit.

My comments to replies
Hi Parvati, have you booked an apartment or planning to book one in this project?
Can I get some information about the project?
1st October 2013

Q: Hi I work for standard chartered bank, am looking for a flat to rent out at your complex.

My replies to this discussion
Hey Jayraj, For the time being flats are not available for rent in Vaswani Belvedere. Will you be interested in any other projects located at Bandra West?Hey Jayraj, For the time being flats are not available for rent in Vaswani Belvedere. Will you be interested in any other projects located at Bandra West?
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...
It is expected that even the Pune region will see a hike in stamp duty on property transactions by another 1 per cent.
17th October 2013

Q: I hear that the govt. has planned to let developers raise up to $1 billion, is it true?

My replies to this discussion
This is very sad, with so much of urbanisation happening and some many people moving from rural to urban areas I hear that there are more than 19 million people homeless in Indian cities. Where are all these people expected to go?This is very sad, with so much of urbanisation happening and some many people moving from rural to urban areas I hear that there are more than 19 million people homeless in Indian cities. Where are all these people expected to go?
Q: I hear that the MHADAs plans for luxury flats have been delayed, what happened?

My replies to this discussion
Yes, unfortunately yet another plan to do some good in the real estate sector gets delayed, thanks to the bureaucratic tangles that are happening now. The Maharashtra Housing and Area Development Authority had planned to cross-subsidise mass housing by constructing luxurious flats in Bandra East. The plan was to sell these flats at market rates.Yes, unfortunately yet another plan to do some good in the real estate sector gets delayed, thanks to the bureaucratic tangles that are happening now. The Maharashtra Housing and Area Development Authority had planned to cross-subsidise mass housing by constructing luxurious flats in Bandra East. The plan was to sell these flats at market rates.
Q: Please provide me few information about Dattatray chawl, as I heard that government has given the chawl to some developers.
Gurmeet

My comments to replies
Chapter 8A of MHADA act talks about the tenants ownership scheme. This scheme was announced in 1980s. According to this scheme, at least 70% of the tenants of the cessed buildings built by private developers can come together and pay the landlord a 100 months' rent. By doing this, the housing authority can acquire the property from the landowner and convey it to the tenants as a cooperative housing society. This was done in order to redevelop cessed buildings built by developers in the island city. In 1994, about 254 tenants approved the acquisition process by MHADA and the housing body had announced the acquisition accordingly.
I heard that even some residents has served a legal notice on the government, saying that the decision to surrender this property to a developer was against the law and illegal.
23rd 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 comments to replies
What is the price range of projects that have world class amenities in proper location.?
Hmmm Mumbai apartments ranges between Rs 50-60 lakhs and they provide quality f small multi-purpose amenities space, limited sports facilities like a badminton court and a small garden. As the budget moves upwards, the profile of customers changes and so do their preferences.
23rd October 2013

Q: When is the expected completion date in this project ?? Can anyone give me some more details about the project ?

My replies to this discussion
Hey Balwinder, How is the project locality and connectivity to the other parts of the city? Which are the prominent developer of this locality? What is the current residential property rate is going on in the locality?Hey Balwinder, How is the project locality and connectivity to the other parts of the city? Which are the prominent developer of this locality? What is the current residential property rate is going on in the locality?
Q: Is it the time time to buy a property in Mumbai? Experts please post your valuable comments

My replies to this discussion
The inflation has currently affected the buying power and has restrained buyers from taking final decision. But eventually, the situation will improve. The RBI has taken some positive steps to improve the buyer sentiments. At the same time, developers will also open up their existing inventory. They are already offering value add-ons. This is the right time for the buyers to do some basic research and strike a good deal with the developer, instead of waiting for a price correction which is uncertain. While expert opinions are divided on whether the market is currently buyer driven or it has equal opportunity, they have a common opinion that this is the right time for buyers to invest, considering the demand again outstripping supply in the next couple of years.The inflation has currently affected the buying power and has restrained buyers from taking final decision. But eventually, the situation will improve. The RBI has taken some positive steps to improve the buyer sentiments. At the same time, developers will also open up their existing inventory. They are already offering value add-ons. This is the right time for the buyers to do some basic research and strike a good deal with the developer, instead of waiting for a price correction which is uncertain. While expert opinions are divided on whether the market is currently buyer driven or it has equal opportunity, they have a common opinion that this is the right time for buyers to invest, considering the demand again outstripping supply in the next couple of years.
My comments to replies
What is the reason that the Mumbai real estate market has become a buyers market?
There is more to the shift of realty market in favour of buyers than just statistics. For example, normal statistics reveal only the slow market and inventory pile up, but not necessarily the real reason behind the inventory pile up. Affordability may be an issue. However, Mumbai is also the city with the highest per capita income in the country. Moreover, realty in Mumbai has always been expensive. Affordability is not a recent issue.
29th November 2013

Q: Will this change in TDR policy going to improve redevelopment in suburbs?

My comments to replies
The proposal has been sent for approval to the Maharashtra Chief Minister and it is expected to get an approval soon.
Is TDR important for developers who undertake redevelopment of suburban properties?
12th December 2013

Q: Is it mandatory for the developers in Mumbai have to keep open recreational spaces?
My comments to replies
The Supreme Court (SC) gave a ruling on Tuesday that it is mandatory for developers in Mumbai to set aside a minimum of 15-25% plot area for open recreational spaces. Several buildings had recently created these recreational spaces at the podium level and added them to the open spaces at ground level to satisfy the open space norm.
Under the Development Control Regulation (DCR) 23, the minimum open space in a building with plot size of 1,500-2,500 sq.mt must be 15%. For plot sizes between 2,500-10,000 sq.mt, the open space must be 20% of the plot size and for plot sizes over 10,000 sq.mt, the open space must be 25% of the plot size. The SC said that open spaces at ground level are necessary as there was too much concretization there was serious reduction in open spaces in the city.
25th December 2013

Is this decision going to impact on projects anyway in Mumbai?
The court's ruling will impact more than 60% of real estate projects in Mumbai, especially the highrises. There is very less open recreational space on the ground at neighbourhood level due to increased need for basement and podium parking. As a consequence, height restrictions for buildings in the city will have to be strictly observed in order to accommodate the compulsory open spaces.
26th December 2013

My replies to this discussion
What is the price they are quoting per sqft and when will the possession take place???What is the price they are quoting per sqft and when will the possession take place???
Q: i am planning to buy a property in Tirupati Marina. How much will a 2 bhk cost me and who is the builder of the project and how is the reputation of the builder?

My replies to this discussion
Hey Ravi, The rate they are quoting is Rs. 6600 per sqft and the project is under construction. Work is going on in full swing and possession is likely by Dec 2016. Tirupati Marina consists of 4 blocks and each block has 18 floors with well laid out amenities.Hey Ravi, The rate they are quoting is Rs. 6600 per sqft and the project is under construction. Work is going on in full swing and possession is likely by Dec 2016. Tirupati Marina consists of 4 blocks and each block has 18 floors with well laid out amenities.
Hi, I am interested in booking a property in Tirupati Marina which is located in Thane East. Is the project close to schools, malls, hospitals and banks?? Have the projects got all the required approvals from builder because I don't want to face any problems in future?? Need you suggestion.Hi, I am interested in booking a property in Tirupati Marina which is located in Thane East. Is the project close to schools, malls, hospitals and banks?? Have the projects got all the required approvals from builder because I don't want to face any problems in future?? Need you suggestion.
Q: What are types of units are project is offering and what is the rates going on in this project?

My replies to this discussion
Hi Lalit, Siddhi Highland Crest is situated in Dhokali Naka in Thane East which is in close vicinity from Eastern and Western Express Highway. The apartment is also near to Thane Railway Station, reputed institutes, shopping malls, medical centers and financial institutions. If you are looking at convinience and comfort, then Highland Crest is the idea option for you.Hi Lalit, Siddhi Highland Crest is situated in Dhokali Naka in Thane East which is in close vicinity from Eastern and Western Express Highway. The apartment is also near to Thane Railway Station, reputed institutes, shopping malls, medical centers and financial institutions. If you are looking at convinience and comfort, then Highland Crest is the idea option for you.
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
Hello Joshi, 2 BHK has an area of 1096 sqft and the price is 71.24 lakhs whereas 3 BHK has an area of 1414 sqft and the price is Rs. 91.91 lakhs. They are quoting Rs. 6500 per sqft. Also the flats comes with superb amenities like garden, intercom, club house, 24 hrs power backup, gym, swimming pool etc.Hello Joshi, 2 BHK has an area of 1096 sqft and the price is 71.24 lakhs whereas 3 BHK has an area of 1414 sqft and the price is Rs. 91.91 lakhs. They are quoting Rs. 6500 per sqft. Also the flats comes with superb amenities like garden, intercom, club house, 24 hrs power backup, gym, swimming pool etc.
Q: I m thinking of buying a 1 BHK flat in Mantri Park on 8th floor. But the flat I saw had seepage on the wall. The broker said that this prob is there in all flats and it is due to leakage in water pipeline and it will be repaired soon by the society. Suggestions please!!!

My replies to this discussion
Hey, heard that there is some seepage on the wall due to leakage in the pipeline. From when are you facing this problem?? Is the problem still persists or it has been resolved. I am planning to buy a flat but due to this leakage problem, I may have to backoutHey, heard that there is some seepage on the wall due to leakage in the pipeline. From when are you facing this problem?? Is the problem still persists or it has been resolved. I am planning to buy a flat but due to this leakage problem, I may have to backout
Q: I would like to buy plot in Khese park. I am looking for area around 3500 - 4000 sqft. If anyone has any Legal/Clean title plots which is approved for construction please keep me posted.

My comments to replies
Hi Kiran, I got my plots through this link Plots in Kheese Park,Lohegaon
HI Vinay, For you information i would like to tell you that the price trend for land in Lohegaon, Pune is between Rs. 8500-12000/sq-yrd.
4th July 2014

Q: I am planning to book a property in this project. Can anybody let me know about the details of this project??
My replies to this discussion
Thanks Abhi for your updates. What are the units available and the cost of the flat as I intent to book a property in Acme Ozone. What is the current rate per sqft and where exactly is the project coming up in Thane West. Could anybody tell me about builders reputation as I am very much interested in this project.Thanks Abhi for your updates. What are the units available and the cost of the flat as I intent to book a property in Acme Ozone. What is the current rate per sqft and where exactly is the project coming up in Thane West. Could anybody tell me about builders reputation as I am very much interested in this project.
Hello Sunil, For your kind information there are several established retail giants like Big Baazar, DMart, RMall and Reliance Mart having their presence in the vicinity of the project. There are many reputed schools, super specialty hospitals, banks and ATM's near the project. One can also find many nationalized and private banks in and near the project.Hello Sunil, For your kind information there are several established retail giants like Big Baazar, DMart, RMall and Reliance Mart having their presence in the vicinity of the project. There are many reputed schools, super specialty hospitals, banks and ATM's near the project. One can also find many nationalized and private banks in and near the project.
Hi Vineet, Here is the list of some of the good projects and names of builders who are coming up with different projects in Thane West. They are Projects in Thane West: 1. Acme Group 2. Saaga Chandrama 3. Saaga Janki Devi 4. Saaga Sneh Sagar 5. Saaga Vikas 6. Square Feet Ace Square 7. Sheth Avlon 8. Sri Tirupati Marigold Some of the esteemed builders who are coming up with projects in Thane west are: 1. Hiranandani Group 2. Squarefeet Group 3. Saaga Infra 4. Sheth Developers 5. Tirupati Group 6. Acme GroupHi Vineet, Here is the list of some of the good projects and names of builders who are coming up with different projects in Thane West. They are Projects in Thane West: 1. Acme Group 2. Saaga Chandrama 3. Saaga Janki Devi 4. Saaga Sneh Sagar 5. Saaga Vikas 6. Square Feet Ace Square 7. Sheth Avlon 8. Sri Tirupati Marigold Some of the esteemed builders who are coming up with projects in Thane west are: 1. Hiranandani Group 2. Squarefeet Group 3. Saaga Infra 4. Sheth Developers 5. Tirupati Group 6. Acme Group
Q: Can somebody let me know when will they give the possession?

My comments to replies
Hey Rakshit, Seems to be you are very keen about this project. Heard that they have commenced the work for Block 1 and will take about 3 years time to complete the entire project. So most probably possession will take place around Dec 2017.
Hope that the project gets completed on schedule time as I am also looking to buy a flat at Sheth Avalon so that i can proudly say that I owe a flat at Sheth Avalon.
10th January 2014

My replies to this discussion
Hey want to know if Badlapur comes under MMC or TMC as I am a NRI and planning to invest in a property here. Could anybody suggest me whether investing in Badlapur is a good option or buying a property in Titwala wil make more sense. Kindly need advice as I dont have much knowledge about these localiites??Hey want to know if Badlapur comes under MMC or TMC as I am a NRI and planning to invest in a property here. Could anybody suggest me whether investing in Badlapur is a good option or buying a property in Titwala wil make more sense. Kindly need advice as I dont have much knowledge about these localiites??
Q: Could somebody tell me about the builders credentials??

My replies to this discussion
Spoke with the executive and got it clarified that the locality is currently approved by MHADA and shortly will come under TMC. As far loans are concerned, the builder has tie ups with HDFC, Axis, ICICI and India Bulls. You can visit and register at the sub-registrars office once you have booked the flat.Spoke with the executive and got it clarified that the locality is currently approved by MHADA and shortly will come under TMC. As far loans are concerned, the builder has tie ups with HDFC, Axis, ICICI and India Bulls. You can visit and register at the sub-registrars office once you have booked the flat.
My replies to this discussion
Hi Shri, Good Colour Discovery is located at Boisar close to Boisar railway station and stone throw away distance from schools, colleges, hospitals and banks. It is situated at non- polluted area and is a combination of plush architecture marvel to support modern lifestyle and affordable. The project totally has 40 buildings which itself is a mini township and having location advantages bringing utmost peace of mind to the buyers.Hi Shri, Good Colour Discovery is located at Boisar close to Boisar railway station and stone throw away distance from schools, colleges, hospitals and banks. It is situated at non- polluted area and is a combination of plush architecture marvel to support modern lifestyle and affordable. The project totally has 40 buildings which itself is a mini township and having location advantages bringing utmost peace of mind to the buyers.
My replies to this discussion
Hi Shantanu, Le me be frank and honest and not mislead you in anyway as far the real estate market is concerned in Navi Mumbai. Your assumptions are right as far the developments are taking place in this region in last 3-4 years. The area is witnessing a huge boom and prices for the properties are soaring as many people are moving to this locality. Since there is a great demand for residential homes as a result many acclaimed builders and developers are coming up mega residential projects in Navi Mumbai and beyond. I think you can invest in places like Vashi, Nerul, Kharghar and Panvel which are showing sure signs of property appreciation.Hi Shantanu, Le me be frank and honest and not mislead you in anyway as far the real estate market is concerned in Navi Mumbai. Your assumptions are right as far the developments are taking place in this region in last 3-4 years. The area is witnessing a huge boom and prices for the properties are soaring as many people are moving to this locality. Since there is a great demand for residential homes as a result many acclaimed builders and developers are coming up mega residential projects in Navi Mumbai and beyond. I think you can invest in places like Vashi, Nerul, Kharghar and Panvel which are showing sure signs of property appreciation.
Q: I am hunting for a flat from last 2 months but due to high price I could not find one in my budget. Currently, I am residing at Borivali but I am comfortable in relocating myself provided I get a good deal. Please help.

My replies to this discussion
Can somebody tell me what is the current price trend going on in Mira road and what about its connectivity as I am keenly interested in purchasing a property in Mira Road.Can somebody tell me what is the current price trend going on in Mira road and what about its connectivity as I am keenly interested in purchasing a property in Mira Road.
Q: I am planning to buy a flat in Kandivali Link Road and lot of people are advising me on Ravi Group’s project named Era. Due to time constraints I am not able to visit the location and check it out with them.

My replies to this discussion
Can anybody kindly let me know what other projects are available in Kandivali west in range of 2 BHK and my budget is around 50 lakhs to 1 crore.Can anybody kindly let me know what other projects are available in Kandivali west in range of 2 BHK and my budget is around 50 lakhs to 1 crore.
Q: Is this the right time for the end users to buy a home?

My replies to this discussion
When is the ideal time to buy a property? Any suggestion.When is the ideal time to buy a property? Any suggestion.
Q: Would like to know which locality is best to invest in property in Thane west
My replies to this discussion
Heard that there is a project byname Square Feet Ace Square coming up in Kasaradavali in Thane West. Want to know the current status of the project and connectivity. Will somebody help me out with this issue???Heard that there is a project byname Square Feet Ace Square coming up in Kasaradavali in Thane West. Want to know the current status of the project and connectivity. Will somebody help me out with this issue???
Q: Can somebody mention how are the builders Rustomjee Developers review in general.

My replies to this discussion
Hello Bikram, Rustomjee Developers are one of the leading real estate developers in Thane and Mumbai. They have completed many residential projects in Mumbai as well as in Thane. Heard that they are also planning to launch some projects in Mumbai shortly. The builders are known for quality and adherence to delivery schedules.Hello Bikram, Rustomjee Developers are one of the leading real estate developers in Thane and Mumbai. They have completed many residential projects in Mumbai as well as in Thane. Heard that they are also planning to launch some projects in Mumbai shortly. The builders are known for quality and adherence to delivery schedules.
Q: What will be the forecast of the real estate growth despite sluggish economy??

My replies to this discussion
Well Ravi, I understand your situation and in my opinion I think you should wait for some time and let the economy recover before arriving at any decision. Many economic factors has led to weak consumer sentiments and low property affordability. The Govt is doing their bit like curtailing gold imports and revive the economy. Also heard that Govt is making all arrangements for funding and they are in touch with Blackstone.Well Ravi, I understand your situation and in my opinion I think you should wait for some time and let the economy recover before arriving at any decision. Many economic factors has led to weak consumer sentiments and low property affordability. The Govt is doing their bit like curtailing gold imports and revive the economy. Also heard that Govt is making all arrangements for funding and they are in touch with Blackstone.
Q: I have booked a property at Runwal Garden City. Want to know the status of the project???
My replies to this discussion
Hi Sandeep, Came to know that the possession will be likely by March 2014.Hi Sandeep, Came to know that the possession will be likely by March 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 comments to replies
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.
Ok Mr Vinay. If the project comes under TMC then its fine as I can right away book a flat in Highland Crest. Becoz I had a doubt whether it is still under MHADA.
23rd January 2014

Q: Could anybody let me know about the Squarefeet Group reputation???
My replies to this discussion
I am a NRI and want to invest in a property in Ghodbunder Road. I would like to know how good is the locality for investment purpose. Can I expect any good appreciation value in coming times. Kindly do let me know about this.I am a NRI and want to invest in a property in Ghodbunder Road. I would like to know how good is the locality for investment purpose. Can I expect any good appreciation value in coming times. Kindly do let me know about this.
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
I want to book a flat in Akansha Milan Hills. What are the units available and the price. Can somebody brief me about this aspect????I want to book a flat in Akansha Milan Hills. What are the units available and the price. Can somebody brief me about this aspect????
Q: I want to know the completion date of Runwal Pearl as I have booked a 2 BHK flat.
My replies to this discussion
WoW!!! Nice to hear that builder is giving some discounts. I am planning to buy a 2 BHK flat in Manpada as my workplace is Kalwa. Since I have schools going kids, does the locality have some good reputed schools so that I can seek admission. Need your advice????WoW!!! Nice to hear that builder is giving some discounts. I am planning to buy a 2 BHK flat in Manpada as my workplace is Kalwa. Since I have schools going kids, does the locality have some good reputed schools so that I can seek admission. Need your advice????
Q: Heard that Hubtown Ltd is coming up with Hubtown Siddhi in Vartak Nagar. When is the completion date of the project???

My replies to this discussion
Hello Shantanu, It is a good locality to reside in Thane west. The area is prospering both residentially and commercially. It is near to Cadbury factory and at close proximity from Eastern Expresswy Highway. Thane station is just 4 kms from the project. Beside there are reputed schools, colleges, banks and malls present near the project.Hello Shantanu, It is a good locality to reside in Thane west. The area is prospering both residentially and commercially. It is near to Cadbury factory and at close proximity from Eastern Expresswy Highway. Thane station is just 4 kms from the project. Beside there are reputed schools, colleges, banks and malls present near the project.
Q: My budget is 3400000.final cash payment. I am interested in Adinath Heritage plot no 38 sec 17. My choice is first floor rom no 103. A wing. Please let me know

My replies to this discussion
Hi Sunil, Got in touch with one of the executive and came to know that amenities include garden, inercom, swimming pool, club house, gym, play area, broadband connectivity, 24 hrs security, 24/7 power backup. Seems to be a good buy with lovely amenities.Hi Sunil, Got in touch with one of the executive and came to know that amenities include garden, inercom, swimming pool, club house, gym, play area, broadband connectivity, 24 hrs security, 24/7 power backup. Seems to be a good buy with lovely amenities.
Q: Planning to book a 2 BHK flat in SD Bhalerao. Has the project taken off??

My replies to this discussion
Dear Sunil, They are quoting Rs. 87 lakhs onwards for 2 BHK. The rate they are charging is Rs. 8400 per sqft. Yes offcourse the project has got all sanctions and approvals from TMC. The connectivity and infrastructure is good as it can be reached by both rail as well road modes of transport. Eastern Expressway Highway is just 10 minutes and Thane station is about 7 kms from the project. Regular bus services are available run by TMC to Borivali, Airoli, Vashi, Thane station and towards central and south Mumbai. The project is also near to proposed new 6 lane expressway connecting Ghodbunder Road with Borivali. There is also a proposal to connect Thane with a metro rail network.Dear Sunil, They are quoting Rs. 87 lakhs onwards for 2 BHK. The rate they are charging is Rs. 8400 per sqft. Yes offcourse the project has got all sanctions and approvals from TMC. The connectivity and infrastructure is good as it can be reached by both rail as well road modes of transport. Eastern Expressway Highway is just 10 minutes and Thane station is about 7 kms from the project. Regular bus services are available run by TMC to Borivali, Airoli, Vashi, Thane station and towards central and south Mumbai. The project is also near to proposed new 6 lane expressway connecting Ghodbunder Road with Borivali. There is also a proposal to connect Thane with a metro rail network.
My replies to this discussion
Hi, How is this locality for living??? What are the units available in Virat Residency and what is the rate they are quoting per sqft?? What amenities the builder is offering in this project???Hi, How is this locality for living??? What are the units available in Virat Residency and what is the rate they are quoting per sqft?? What amenities the builder is offering in this project???
Q: Mumbaikars await infrastructure projects to the tune of Rs.66,000 crores.
My replies to this discussion
Hi all, Good news to the residents of Mumbai as the first phase of mono rail is going to be inaugurated and will be thrown open for traffic connecting Jacob Circle and Chembur. The monorail will be linked with major local train stations. Since Chembur is the nearest station it will be connected with a skywalk with mono rail station.Hi all, Good news to the residents of Mumbai as the first phase of mono rail is going to be inaugurated and will be thrown open for traffic connecting Jacob Circle and Chembur. The monorail will be linked with major local train stations. Since Chembur is the nearest station it will be connected with a skywalk with mono rail station.
Q: Looking for investing in a property in Vartak Nagar?? How good is the locality for investment purpose?? Do suggest??

My replies to this discussion
Hi, Want to know some of the good projects coming up in Vartak Nagar and names of builders as I am planning to book a 2 BHK flat in this locality?? Your suggestions will be highly appreciated. Thank U.Hi, Want to know some of the good projects coming up in Vartak Nagar and names of builders as I am planning to book a 2 BHK flat in this locality?? Your suggestions will be highly appreciated. Thank U.
Q: CIDCO wil get the nod for request for Qualification for Navi Mumbai airport on Feb 5.

My replies to this discussion
Hey Shri, I heard it some time back that airport coming up in Navi Mumbai has been scrapped and it will be shifted to Madh Island. Keeping my fingers crossed !!!!! Looking for the early take off of the project. Since evacuating the villagers is the most challenging task, it is taking a longer time for the project to take off.Hey Shri, I heard it some time back that airport coming up in Navi Mumbai has been scrapped and it will be shifted to Madh Island. Keeping my fingers crossed !!!!! Looking for the early take off of the project. Since evacuating the villagers is the most challenging task, it is taking a longer time for the project to take off.
Q: Can somebody let me know the status of Vihang Valley Pearl in Thane west???
My replies to this discussion
Hi Sankalp, Thanks for the updates given. What are the units available in Vihang Valley Pearl. Are any 1 BHK flats available in this project and what is the rate of the flat??? Do let me know?? Has anybody booked a flat in this project???Hi Sankalp, Thanks for the updates given. What are the units available in Vihang Valley Pearl. Are any 1 BHK flats available in this project and what is the rate of the flat??? Do let me know?? Has anybody booked a flat in this project???
Q: What is the progress of Lodha Casa Royale Grande situated in Balkum?? Kindly update about this project??
My comments to replies
Hello Praveen, Heard that Lodha Casa Royale Grande has 2 BHK units measuring 1134 sqft and they are qouting Rs. 9800 per sqft. 2 BHK's come with a price of 1.10 crore onwards. The project has some world class amenities such as Wifi connectivity, children play area, landscape garden, club house, RWH, mini golf course, full time security, intercom and multi gym.
Hey I have booked a 2 BHK flat in this project and visited the project at the time of booking the flat. The approach and connectivity seems to be good. There are share autos and buses plying via this project. Moreover Thane station is approx 8 kms from this project and it is also near to Eastern Express Highway.
31st January 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
Hi to All, I want to buy a flat in Geeta Heights in my name but want to transfer it to my sons name in future. Can I transfer the property in my sons name and what are the legal formalities to be followed???Hi to All, I want to buy a flat in Geeta Heights in my name but want to transfer it to my sons name in future. Can I transfer the property in my sons name and what are the legal formalities to be followed???
Q: I am planning to buy/invest in a property in Majiwada located in Thane west. Can anybody brief me about locality review??

My comments to replies
Dear Praveen, You have taken a good decision to invest in a property in Majiwada. As the locality is close to Eastern Expressway Highway and just 8 kms from Thane station. There are many residential projects coming up in Majiwada handled by builders of national fame. As the developers are coming up with many options, you can pick and choose the property as per your preference and budget.
Hi Ramesh, Majiwada is immensely gaining more prominence in recent times due to its good connectivity. After Ghodbunder Road in Thane west, Majiwada is the next fastest growing area in this part of the city. Presence of several good schools, colleges, banks, hospitals have really made this locality moving ahead in present times.
3rd February 2014

What is the current rate per sqft going on in this locality? How are the prices of apartments ranged in this area?
Property prices in the area vary widely depending on the builder, location and amenities. The approximate price of a 1BHK apartment is about Rs 18-60 lakh and that of a 2BHK apartment is about Rs 75 lakh to Rs 1.3 crore. The approximate price of a 3BHK unit is about Rs 1.5-3.5 crore. The present average property prices in Majiwada is about Rs. 10,950 per sq. ft. The area has witnessed a continuous price appreciation of almost about 25 per cent over the last two years.
27th October 2014

Q: Want to know the progress of Raunak Unnathi Woods??
My replies to this discussion
Hello Mr Arup, Came to know that the project was launched 2 months back and price they are quoting is Rs.7500 per sqft. Raunak Unnathi Woods has 1 and 2 BHK flats ranging from 625 sqft onwards for 1 BHK and goes upto 1000 sqft for 2 BHK's. Amenities include garden, RWH, jogging track, club house, gym, 100% power backup, 24hrs water and security.Hello Mr Arup, Came to know that the project was launched 2 months back and price they are quoting is Rs.7500 per sqft. Raunak Unnathi Woods has 1 and 2 BHK flats ranging from 625 sqft onwards for 1 BHK and goes upto 1000 sqft for 2 BHK's. Amenities include garden, RWH, jogging track, club house, gym, 100% power backup, 24hrs water and security.
Q: Can anybody let me know if work has been started for Shree Satya Shankar Residency?? Have anybody booked a flat in this project??

My replies to this discussion
Hi Sandeep, The project has very well connectivity to Thane station which is approx 7 kms. Moreover one can also take the Eastern Express Highway to reach the project. Bus services are good and excellent as many private and state run buses run via this locality to various destinations. There are many good reputed schools, colleges, malls, hypermarkets and banks located in a radius of 3 to 4 kms from the project.Hi Sandeep, The project has very well connectivity to Thane station which is approx 7 kms. Moreover one can also take the Eastern Express Highway to reach the project. Bus services are good and excellent as many private and state run buses run via this locality to various destinations. There are many good reputed schools, colleges, malls, hypermarkets and banks located in a radius of 3 to 4 kms from the project.
My comments to replies
Hi Praveen, The project was launched in Sep 2010 and Phase 1 is already been completed and ready to move in. Construction of Phase 2 is in progress and will get completed by Dec 2016. They have 1,2, and 3 BHK units. 1 BHK has an area of 750 sqft and costs approx 57 lakh onwards. 2 BHK have an area of approx 900 sqft and the rate is Rs. 70 lakh onwards. 3 BHK have a total area of 1120 sqft and price starts from 87 lakhs. Amenities include garden, swimming pool, play area, club house, jogging track, gym and much more.
Hey Ramesh, The project is bound in the midst of lush greenery and surrounded by beauty of the nature.There is so much beauty around. The podium garden is well complimented by landscape garden around the project. How can one forget the children play area where the kids have all the fun and frolic. The project is truly astonishing to reside since I stay in Phase 1.
4th February 2014

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 replies to this discussion
Hi Vinay, Want to invest in a property in Kandivili west. Can anybody let me know about some good housing projects coming up in and around Kandivili so that I can make a property investment. Also do let me know if the locality has good appreciation value for residential properties.Hi Vinay, Want to invest in a property in Kandivili west. Can anybody let me know about some good housing projects coming up in and around Kandivili so that I can make a property investment. Also do let me know if the locality has good appreciation value for residential properties.
Q: Looking to book a flat in Kalikas Paradise. Can anybody tell me whats the present status of the project??

My comments to replies
Dear Shantanu, Infact both the localities are good option from investment point of view. Both localities Thane west and Navi Mumbai have their own merits and demerits. It is upto to you to decide which locality you want to invest in a property. Heard that Thane west has huge demand for properties. The place has gained remarkable demand in recent years due to considerable amount of growth.
Yeah definitely agree with you. Today Thane west has carved out a name for itself in property market. It has marked a distinct identity of its own with excellent infrastructure, less congestion, lower cost of living and surrounded by abundant greenery and water bodies in the vicinity.
5th February 2014

Q: What is the cost of the flats in this project coming up in Patlipada??
My replies to this discussion
Hi Sankalp, I thought I could get a 1 or 2 BHK flat in this project and proudly say that I owe a property in Hiranandani Estate Cardinal with my head high.Hi Sankalp, I thought I could get a 1 or 2 BHK flat in this project and proudly say that I owe a property in Hiranandani Estate Cardinal with my head high.
Q: Does Mumbai's Monorail have all solved all the traffic problem woes of the country.

My comments to replies
Hi, With the introduction of Mumbai mono rail couple of days back, will this be introduced in all parts of the country?? Is this feasible considering many factors into consideration.
Hello Praveen, Introduction of the mono rail will not solve all the traffic issues not only in Mumbai but also in other cities too. For eg, Delhi has metro rail, Kolkata has underground metro, Chennai has suburban locals and Bangalore too has a metro launched 3 years back. But has it brought down the nos of 2 and 4 wheelers on the road. Still people use their own mode of transport for commuting to work and other places.
5th February 2014

Q: Planning to book a flat in Shiv Sahyadri?? Has the project being launched? Have anybody booked a flat in this project.

My comments to replies
Dear Ravi, Thank you for the updates provided about the area. How good is the locality for living and connectivity? Does the area face any water crisis or power problems?? Are there any good schools and markets near to the project??
Hi Abhi, As far i know about the locality, it is a good decent locality to stay in Vartak Nagar. Since most of the population belong to middle income group it is a good locality to live. Moreover the locality is well connected by adequate buses that ply via Vartak Nagar to important destinations in Thane as well as to Mumbai. Thane station is just 6 kms and one can come across many good schools, banks, major medical centers and shopping malls within a radius of approx 3 kms from the project site.
6th February 2014

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
There is a Supreme Court judgment that clearly states that these documents should be handed over to the buyer, which honest builders adhere to. But consumers need to understand that even reliable builders will show the OC-NC documents to prospective buyers and will hand over the copy of the documents only after completion of the project. so beware and take it before possession.There is a Supreme Court judgment that clearly states that these documents should be handed over to the buyer, which honest builders adhere to. But consumers need to understand that even reliable builders will show the OC-NC documents to prospective buyers and will hand over the copy of the documents only after completion of the project. so beware and take it before possession.
In case you bought your property from not very honest builder and did not get the OC or the CC, you need to issue a notice him to apply and handover the copy of the documents within one month period from the date of issue of your notice, failing which, you can also get it via a consumer forum or by filing a writ petition.In case you bought your property from not very honest builder and did not get the OC or the CC, you need to issue a notice him to apply and handover the copy of the documents within one month period from the date of issue of your notice, failing which, you can also get it via a consumer forum or by filing a writ petition.
Q: May I know what is the present status of Raj Tattva??

My replies to this discussion
Hi Anuj, Thank u so much for the info given. Are any banks approved loans for this project?? If yes then should I go for fixed or floating. Your reply will be most beneficial to me. I am a businessman.Hi Anuj, Thank u so much for the info given. Are any banks approved loans for this project?? If yes then should I go for fixed or floating. Your reply will be most beneficial to me. I am a businessman.
Hi, I want to know if there are good hospitals and medical centers in and near the project since I have old age parents who are living with me. Any hospital located near by will be off great help during emergencies as I need not travel too far for medical treatments.Hi, I want to know if there are good hospitals and medical centers in and near the project since I have old age parents who are living with me. Any hospital located near by will be off great help during emergencies as I need not travel too far for medical treatments.
Q: Can somebody get me the project details about Wadhwa Solitaire located in Kolshet Road.

My replies to this discussion
Hello Sanjana, The connectivity is good via road and rail modes of transport. The project can be easily reached via Eastern Express Highway, State Highway and link roads. Thane station is the nearest station which is approx 8 kms and airport is located at a distance of approx 26 kms from Kolshet Road. The project is close to major schools,malls, hospitals, banks which are located within 3 kms. The locality has good civic amenities like wide roads, street lights, efficient drainage system and under ground cabling system.Hello Sanjana, The connectivity is good via road and rail modes of transport. The project can be easily reached via Eastern Express Highway, State Highway and link roads. Thane station is the nearest station which is approx 8 kms and airport is located at a distance of approx 26 kms from Kolshet Road. The project is close to major schools,malls, hospitals, banks which are located within 3 kms. The locality has good civic amenities like wide roads, street lights, efficient drainage system and under ground cabling system.
Q: Is this an SRA project ? Is it safe to commute from the area at night ?

My replies to this discussion
Hi, Can anybody let me know what is the price for 2 BHK in Rizvi Oak and the area. What is builders credentials?? Is the amenities good good in this project?? Kindly do let me know as I am interested in buying a flat in Rizvi Oak.Hi, Can anybody let me know what is the price for 2 BHK in Rizvi Oak and the area. What is builders credentials?? Is the amenities good good in this project?? Kindly do let me know as I am interested in buying a flat in Rizvi Oak.
Q: When is the possession for Tropical Lagoon?? Has anybody booked a flat in this project??
My replies to this discussion
Hi, Actually the work has been commenced on this project. Tropical Lagoon has 4 blocks having 26 floors and is located in prime location in Ghodbunder Road. Mostly the possession is likely by June 2016.Hi, Actually the work has been commenced on this project. Tropical Lagoon has 4 blocks having 26 floors and is located in prime location in Ghodbunder Road. Mostly the possession is likely by June 2016.
Q: Want to know the status of Balaji Heights?? Is anybody on the same boat??

My replies to this discussion
Hi Sankalp, Yes only 1 and 2 BHK flats are only available in this project. They dont have any 3 BHK flats here. The price for 2 BHK range from Rs. 65 lakh onwards and it has an area of 940 sqft.Hi Sankalp, Yes only 1 and 2 BHK flats are only available in this project. They dont have any 3 BHK flats here. The price for 2 BHK range from Rs. 65 lakh onwards and it has an area of 940 sqft.
Q: Can anybody let me know what are the flats available in Sapta Shree Heights??
My replies to this discussion
Hi Sanjana, Right now, Dhokali Naka gives you the best option to invest in property but you should decide depending upon you own needs like proximity to work place, budget and amenities. As far price appreciation is concerned it is entirely based on market conditions and factors.Hi Sanjana, Right now, Dhokali Naka gives you the best option to invest in property but you should decide depending upon you own needs like proximity to work place, budget and amenities. As far price appreciation is concerned it is entirely based on market conditions and factors.
My replies to this discussion
Dear Praveen, As far connectivity is concerned, Mira road is well connected by good public mode of transport. BEST operates many schedules from this locality to western suburbs, parts of Thane, central suburbs of Mumbai as well as to Navi Mumbai. Mira Road also has a local suburban railway station that meets the requirements of the residents living in this part of the city. Fast local trains originating from western line ie, Bandra Terminus and Mumbai Central have a stop at Mira Road station. Besides autos, cabs and taxis also form the mode of public transport.Dear Praveen, As far connectivity is concerned, Mira road is well connected by good public mode of transport. BEST operates many schedules from this locality to western suburbs, parts of Thane, central suburbs of Mumbai as well as to Navi Mumbai. Mira Road also has a local suburban railway station that meets the requirements of the residents living in this part of the city. Fast local trains originating from western line ie, Bandra Terminus and Mumbai Central have a stop at Mira Road station. Besides autos, cabs and taxis also form the mode of public transport.
Q: What are the hidden charges I should take care of before taking home loan from a bank?

My replies to this discussion
Hi every body, It is very important for you if you are taking any home loan. If you have selected for floating interest rate then always pay attention when RBI increases or reduces the interest rate. First thing you need to check is whether the updated rates are reflected in your bank account or not.Hi every body, It is very important for you if you are taking any home loan. If you have selected for floating interest rate then always pay attention when RBI increases or reduces the interest rate. First thing you need to check is whether the updated rates are reflected in your bank account or not.
Q: May somebody let me know what is the current status of Nirmal Zircon located in Mulund west??

My replies to this discussion
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 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.
Q: When is the builder giving the possession of Rupji Signature??

My comments to replies
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.
Thanks Arup, What are the flats available in Rupji Signature and the price. What is the rate the builder is quoting per sqft?? Is the amenities good enough??
14th February 2014

Q: Will somebody let me know what is the status of Nirmal Omega??

My comments to replies
Hi All, Can somebody give a list of good projects and builders in Mulund west as I am shifting to Mulund west from my present place which is in chunabatti.
Sure Suresh, will definitely help you with that list. Here is the list of some of the projects coming up in Mulund west. They are: 1. HDIL Whispering Towers 2. Nirmal Zircon 3. Raj Altezza 4. Kamla Atlantis 5. Neptune Lotus 6. Nirmal Panorama 7. Rupji Signature 8. Nirmal Omega 9. Runwal Greens Rose Wood 10. Hemani Neona The list of builders who are coming up with projects in Mulund are: 1. Runwal Group 2. HDIL Group 3. Nirmal Lifestyle 4. Rajesh Life Spaces 5. Kamala Landmarc 6. Neptune Group 7. Rupji Constructions 8. Tirumala Group
14th February 2014

My comments to replies
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.
Hi Vinay, Nalasopara lies towards North west Mumbai almost near to Virar. You may get flats at a cheaper rate in this locality as compared to prime localities in western suburb or central suburb of Mumbai which are very expensive and beyond the reach of common man. Off late there are some incidents of theft and crime being reported in Nalasopara which is very unfortunate to happen. But the local police are taking stringent action against mischief mongers and anti social elements who are trying to create a fear in minds of people.
17th February 2014

Q: Can anybody tell me what is the status of Nirmal US Open?? When is the builder giving the possession??
My replies to this discussion
Mr Vinay, Actually I came to know about the amenities and the price. But I have not booked any flat in Nirmal US Open. The apartments have 2 and 3 BHK's. The 2 BHK have an area of 1035 sqft built up area and the price for the same come to around 1.30 crore which does not include registration, stamp duty and VAT charges. 3 BHK has area of 1400 sqft and is priced at Rs. 1.75 crore.Mr Vinay, Actually I came to know about the amenities and the price. But I have not booked any flat in Nirmal US Open. The apartments have 2 and 3 BHK's. The 2 BHK have an area of 1035 sqft built up area and the price for the same come to around 1.30 crore which does not include registration, stamp duty and VAT charges. 3 BHK has area of 1400 sqft and is priced at Rs. 1.75 crore.
Q: Has anybody booked a flat in Nirmal Turquoise?? What is the status of the project??
My comments to replies
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.
Hmmm, thanks for the info provided Mr Vinay. Would like to know if the project has been approved by BMC or not and what are the amenities provided in this project?? How good is the connectivity from Nirmal Turquoise to Thane, Kalyan and other parts of Mumbai??
18th February 2014

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 Vinay, Oh yes I can definitely help you out with the list of projects and builders who are coming up with apartments in Mulund west. The list of some good projects are: 1. HDIL Whispering Towers 2. Rachanaa Tulip 3. Vasanth Garden 4. Silver Bell 5. Puranik Zeenith 6. Nirmal Polaris 7. Runwal Heights 8. Runwal Infinity 9. Marathon Maxima 10. Neptune Harmony Here is the list of some reputed builders. 1. HDIL Group 2. Runwal Group 3. Neptune Group 4. Nirmal Life Style 5. Vardhman Group 6. Ansal Housing 7. Rajesh Life Spaces 8. Vasudev Builders 9. SD Bhalerao Constructions 10. Ashwamedh GroupHi Vinay, Oh yes I can definitely help you out with the list of projects and builders who are coming up with apartments in Mulund west. The list of some good projects are: 1. HDIL Whispering Towers 2. Rachanaa Tulip 3. Vasanth Garden 4. Silver Bell 5. Puranik Zeenith 6. Nirmal Polaris 7. Runwal Heights 8. Runwal Infinity 9. Marathon Maxima 10. Neptune Harmony Here is the list of some reputed builders. 1. HDIL Group 2. Runwal Group 3. Neptune Group 4. Nirmal Life Style 5. Vardhman Group 6. Ansal Housing 7. Rajesh Life Spaces 8. Vasudev Builders 9. SD Bhalerao Constructions 10. Ashwamedh Group
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 Vinay, Besides Mumbai, other major cities like Bengaluru and Pune, Chennai, Hyderabad too bounced into positive figures resulting in overall growth of 22%.Hi Vinay, Besides Mumbai, other major cities like Bengaluru and Pune, Chennai, Hyderabad too bounced into positive figures resulting in overall growth of 22%.
My replies to this discussion
Hi Vinay, Orchid Woods is primarily located in Goregaon east and is well reachable by road as well as by rail. It is also near to Western Express Highway which is just few kms from this place. BEST runs daily bus schedules starting from Goregaon depot to all western suburbs like Malad, Jogeshwari, Andheri, VileParle, Khar and Santacruz at frequent intervals. Goregaon station is only 15 minutes from Orchid Woods where fast locals have a brief stop at this station which belongs to western line.Hi Vinay, Orchid Woods is primarily located in Goregaon east and is well reachable by road as well as by rail. It is also near to Western Express Highway which is just few kms from this place. BEST runs daily bus schedules starting from Goregaon depot to all western suburbs like Malad, Jogeshwari, Andheri, VileParle, Khar and Santacruz at frequent intervals. Goregaon station is only 15 minutes from Orchid Woods where fast locals have a brief stop at this station which belongs to western line.
My comments to replies
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.
Yes you are right Mr Vinay. This is the right time to book a property before the end of financial year as you tend a get a tax rebate. The locality in and around Dombivali is also fast developing in terms of civic and social infrastructure is concerned. Since the property prices are picking up gradually in this area, this makes a good move to invest or buy a flat at the earliest because as you delay, the prices may go up after the union budget and general elections.
25th February 2014

Q: What are the flats available in Tata Gateway Towers and when will be the possession given??

My comments to replies
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, Recently I travelled by BEST from Chembur to Mulund East pay a visit to the site office for inquiry. Bus services are excellent with buses plying every 10 minutes. Trains are also fast, efficient and cheap mode of transport to travel but only disadvantage is that the trains are always packed to full during peak hours.
25th February 2014

Q: Is it necessary to pay Service tax to buy a flat in Virrar west Balaji Platinum

My replies to this discussion
From 1st July 2010, Payment of service tax on all under construction property has been made mandatory.From 1st July 2010, Payment of service tax on all under construction property has been made mandatory.
My comments to replies
Hi Everybody, My question to all.........Is Vat and Service Tax is applicable on ready-to-move-in property, single residential unit, independent house, villa, bungalow and low cost housing? Should builder issue two separate receipts for both VAT and Service Tax?
He Keshav, Really a good question and many of us don' t know about it. VAT and Service Tax are not applicable on ready-to-move-in properties, single residential unit, independent house, villa, bungalow and low cost housing. For instance, if you have bought a property when it is almost ready-for possession, you must consider to postpone your sale agreement to be signed after completion certificate is issued. If you do so, then you will be saved from paying these charges. Yes, Builder has to issue 2 separate payment receipts i.e. one each for VAT (with Tax Invoice no and TIN) and Service Tax (with Tax Invoice No and ST registration no).
17th August 2015

Q: When is the project is going to take off? When will the possession be given??

My replies to this discussion
Dear Vinay, The project is well linked by all modes of transport. It is near to Mulund station which is approx 10 minutes walk from this place. Eastern Express Highway is also at close proximity from the project. CST airport is about 17 kms, Thane is approx 12 kms and LTT terminus is about 18 kms from here. Overall centrally located with easy connectivity to Andheri, Jogeshwari, Borivali, VileParle, Malad, Bandra and Goregaon by taking the Goregaon-Mulund Link Road. One can also travel from Mulund towards Navi Mumbai by taking the Mulund- Airoli bridge or via Mankurd Link Road.Dear Vinay, The project is well linked by all modes of transport. It is near to Mulund station which is approx 10 minutes walk from this place. Eastern Express Highway is also at close proximity from the project. CST airport is about 17 kms, Thane is approx 12 kms and LTT terminus is about 18 kms from here. Overall centrally located with easy connectivity to Andheri, Jogeshwari, Borivali, VileParle, Malad, Bandra and Goregaon by taking the Goregaon-Mulund Link Road. One can also travel from Mulund towards Navi Mumbai by taking the Mulund- Airoli bridge or via Mankurd Link Road.
Q: Can anybody tell me more about Dhanshree Sankalp. When is the possession of the same???

My replies to this discussion
Hi, It is the first planned suburb of Mumbai and is situated to the south-east of the Sanjay Gandhi National Park. Several reputed companies have their offices in Mulund East including Glaxo, Hoechst Wellcome, Johnson & Johnson, Richardson Cruddas, Bombay Oxygen, Merind, Chicago Pneumatic, ACC, Agfa & Gabriel. Major roads located close to the area include the Mulund-Airoli Bridge Road, Lal Bahadur Shastri Road, Eastern Express Highway and Thane-Belapur Road. The locality is served by the BMTC Buses as well.Hi, It is the first planned suburb of Mumbai and is situated to the south-east of the Sanjay Gandhi National Park. Several reputed companies have their offices in Mulund East including Glaxo, Hoechst Wellcome, Johnson & Johnson, Richardson Cruddas, Bombay Oxygen, Merind, Chicago Pneumatic, ACC, Agfa & Gabriel. Major roads located close to the area include the Mulund-Airoli Bridge Road, Lal Bahadur Shastri Road, Eastern Express Highway and Thane-Belapur Road. The locality is served by the BMTC Buses as well.
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.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.
Q: Is there any particular reason for the Urbanites to Bangalore for buying house?

My replies to this discussion
I do not completed agree with the first two comments. Even Mumbai is preferred by many Indians, who are attracted towards the city due to its diverse work force, employment opportunity, cosmopolitan culture and glamour.I do not completed agree with the first two comments. Even Mumbai is preferred by many Indians, who are attracted towards the city due to its diverse work force, employment opportunity, cosmopolitan culture and glamour.
Q: Can somebody tell me when is the possession date of Matoshree Nisarg

My comments to replies
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.
Hmmm. Ok. May I know what are the flats available in this project, its price and the amenities offered since I have plans of booking a flat in this project.
27th February 2014

Q: It seems that property prices inj Nerul clock over 30% returns in 2 years.

My replies to this discussion
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 wellHello 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
Q: How good is Mulund East for living?? Does the locality have any water or power issues???
My replies to this discussion
Hi Vinay, I think in my view you should go for Mulund east as this locality is buzzing with plenty of residential and commercial activities. In fact the property rates are peeking due to boom in real estate sector. Heard that the average price per sqft is ranging around Rs. 13481 per sqft. In fact the area has seen a property appreciation of 7.67% hike in last 12 months.Hi Vinay, I think in my view you should go for Mulund east as this locality is buzzing with plenty of residential and commercial activities. In fact the property rates are peeking due to boom in real estate sector. Heard that the average price per sqft is ranging around Rs. 13481 per sqft. In fact the area has seen a property appreciation of 7.67% hike in last 12 months.
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 everybody, Is Ulwe a good property destination?? What is the property trend that is prevailing in Ulwe. Will I get my money's worth by investing in Ulwe in about 5 years from now??Hi everybody, Is Ulwe a good property destination?? What is the property trend that is prevailing in Ulwe. Will I get my money's worth by investing in Ulwe in about 5 years from now??
Q: Want to know when are they giving the possession of the flats??
My replies to this discussion
Hi Vinay, How ru doing??. I came to know that the flats have 1 and 2 BHK units available. It is situated in Sector 5 in Ulwe. 1 BHK comes with an area of 670-725 sqft and the price comes to approx 37 lakhs. 2 BHK have an area ranging from 1000-1140 sqft and costs approx 55 lakhs onwards excluding registration and other charges. Yes the bookings have commenced for this project some time back.Hi Vinay, How ru doing??. I came to know that the flats have 1 and 2 BHK units available. It is situated in Sector 5 in Ulwe. 1 BHK comes with an area of 670-725 sqft and the price comes to approx 37 lakhs. 2 BHK have an area ranging from 1000-1140 sqft and costs approx 55 lakhs onwards excluding registration and other charges. Yes the bookings have commenced for this project some time back.
Q: When is the builder giving the possession??
My comments to replies
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.
Dear Vinay, As far the transport and connectivity is concerned, the locality ie Sector 9 where the project is located have good transport network. Buses run by Navi Mumbai Muncipal are frequently available from this place to other places like Vashi, SeaWoods, Sanpada, Uran, Nerul and Kharghar. I also heard that a railway link is going to come up from Uran to CST touching Ulwe. The flats will be also at close vicinity from the proposed airport coming up for which work has already been commenced. Vashi is only 10 kms and SeaWoods is about 11.3 kms. Bamandongiri and Taloja railway stations are the nearest stations from this project. Panvel is located at a distance of 9.5 kms. Besides taxis and autos form as other modes of public transport.
4th March 2014

Q: When is the developer handing the possession of the project??
My replies to this discussion
Hi Vinay, Want to know how well is the connectivity from this project to other places. I am looking at a property which have good means of public transport since I am totally dependent on this mode of transport for commuting.Hi Vinay, Want to know how well is the connectivity from this project to other places. I am looking at a property which have good means of public transport since I am totally dependent on this mode of transport for commuting.
Q: Has the project taken off and what is the price for 2 BHK flats?? Has anybody else booked on this project??
My replies to this discussion
Hi Vinay, The flats are located in Sector 10 in Ulwe which is seeing a major development works pertaining to real estate in recent times. The proposed railway link planned from Uran to CST and proposed airport at Ulwe will be a major boost to this locality. The apartments are close to posh areas like Vashi and Seawoods which are experiencing a high real estate growth. State run buses are available from this place to Uran, Taloja, Panvel, Vashi, JuiNagar, Sanpada and to Mankurd. Besides you will also find taxis and autos as means of local transport.Hi Vinay, The flats are located in Sector 10 in Ulwe which is seeing a major development works pertaining to real estate in recent times. The proposed railway link planned from Uran to CST and proposed airport at Ulwe will be a major boost to this locality. The apartments are close to posh areas like Vashi and Seawoods which are experiencing a high real estate growth. State run buses are available from this place to Uran, Taloja, Panvel, Vashi, JuiNagar, Sanpada and to Mankurd. Besides you will also find taxis and autos as means of local transport.
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 comments to replies
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.
Namaste Vinay, Since I have booked a 1 BHK flat in this unit, came to know that the project has all the required approvals from CIDCO. The project has been financed by several leading banks like HDFC, Corporation bank, ICICI, SBI, LIC Housing Finance. Heard that as off now connectivity is good from the project to other places like Vashi, Belapur, Panvel and Seawoods which are approx in a distance of 10-13 kms. There is also a proposal to start a railway line from Uran to CST via Ulwe for which work has already commenced. Besides there are buses available on frequent basis to travel from this place to other parts of Navi Mumbai and Thane.
6th March 2014

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 comments to replies
Hi, Since bookings are going on in full phase since its launch in Nov 2013 and I have booked a 1 BHK flat in Lodha Casa Bella. To my knowledge the transport availability and connectivity is good enough. Buses are available on frequent basis from Dombivili towards Kalyan, Bhiwandi, UllasNagar, Thane and Shahad. Kalyan station is just 2.5 kms from the project and one can also easily get autos and taxis. Kalyan being an important railway junction for Indian Railways has many long distance trains having a stoppage.
Hello, One can also take the Pipeline Road, Taloja Bypass Road and Diva Agasam road from Lodha Casa Bella which serves as an important connectivity from the site where the ongoing flats are coming up.
7th March 2014

Q: Planning to buy a flat in this project. Has the project already been launched and when is its due possession date?
My comments to replies
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?
Dear Vinay, Omkar Realtors are one of the trust worthy builders and promoters who are in this real estate industry for last 10 years. Backed by a strong legacy that spans over five decades, Omkar is managed by second generation entrepreneurs who have carved a niche for themselves in the world of real estate.
10th March 2014

Q: Planning to book a flat in this project? What are the amenities and specifications available? Do let me know about it?
My replies to this discussion
Hi I am interested in buying a flat in Nathani Heights. How well is the connectivity and infrastructure services available from this place to other localities as I am new to this city. Please help me out? Presently staying at rented accommodation in Grant Road.Hi I am interested in buying a flat in Nathani Heights. How well is the connectivity and infrastructure services available from this place to other localities as I am new to this city. Please help me out? Presently staying at rented accommodation in Grant Road.
Q: Hi, Came to know about Green Acres Hill city in Thane. My doubt is whether these are flats or plots?

My replies to this discussion
Mr Suresh, Yes off course the plot are duly sanctioned and approved by TMC. Heard that many banks like SBI. Thane Sahakari Corporative bank, HDFC, and Corporation bank have approved for loans with this project.Mr Suresh, Yes off course the plot are duly sanctioned and approved by TMC. Heard that many banks like SBI. Thane Sahakari Corporative bank, HDFC, and Corporation bank have approved for loans with this project.
Q: It seems that Govts policy with respect to affordable housing has created lot of doubts in minds of developers.
My replies to this discussion
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.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.
Q: I am planning to buy a flat in Kul Radiance. What is the present rate the builder is charging per sqft?
My comments to replies
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.
Dear Vinay, Yes the projects are duly approved and sanctioned by BMC and there are no issues pertaining to documentations are concerned as all paper work are clear and legal. Also came to know that several leading banks like HDFC, ICICI, IDBI, Axis bank and SBI have approved for finance for this project.
12th March 2014

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 comments to replies
Hi Guys, In fact I came across that the flats have excellent amenities like private swimming pool, spa, sauna, Jacuzzi. mini cricket pitch, tennis court etc. They have modern elevators and kitchens comes with granite counter tops with piped gas connectivity. The bathrooms comes with all modern sanitary fittings and fixtures like shower panel, bath tub etc.
Oh is that soo!!!! Cosh!!!!. What lovely amenities. By the way how much are they charging per sqft rate and which are the banks they have tie up with regarding loan disbursement?
12th March 2014

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 comments to replies
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.
Hi Vinay, I think private banks are far more efficient and quicker as far the documentations are concerned. Quick process, minimum documentation formalities and easy disbursement of loan money gives private banks a higher edge over public sector banks.
13th March 2014

Q: How is the real estate market and how good is the locality for investment purpose? Need expert advice?
My comments to replies
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.
Hi Vinay, Kalyan is also well linked by ring road which covers most of the areas along the periphery and touching all major areas. There are also buses available plying along the ring road. Kalyan is also a major railway junction for many long distance trains. Kalyan Terminus is also one of the last railway junction for the Mumbai locals operating under Central line.
13th March 2014

Q: Want to know if the flats have modular kitchens as my wife is more particular about it? Has anybody booked the same?
My replies to this discussion
Hi Vinay, I too have booked a 1 BHK flat in this project. In fact the kitchen comes with semi- modular design. It has steel sink with drain board. It also has a provision for exhaust fan. It comes with granite counter top platform and has adequate storage space in form of shelves and lofts. The kitchen also has adequate electrical points for microwave oven and fridge.Hi Vinay, I too have booked a 1 BHK flat in this project. In fact the kitchen comes with semi- modular design. It has steel sink with drain board. It also has a provision for exhaust fan. It comes with granite counter top platform and has adequate storage space in form of shelves and lofts. The kitchen also has adequate electrical points for microwave oven and fridge.
My comments to replies
Hi, Here is some project highlights:- 8 Towers of stilt+21 storeys each 1 & 2 BHK apartments, Wide internal roads Parking space Gymnasium Swimming pool with toddler pool Jogging track Gardens with sit-outs Hi-speed elevators Net cricket pitch Indoor games room Children's play area Stylish bathrooms with branded sanitary ware High-grade etc.
As far as its connectivity is concerned Kandivali Railway Station - 1.5 kms Western Express Highway - 0.5 kms Airport - 12 kms Lifestyle and Department stores - 0.3 kms to 1.5 kms Pre-Schools, Schools and colleges - 0.5 kms to 2kms
5th August 2014

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 replies to this discussion
Mr Vinay, With the metro link coming up along this stretch, will it have any impact on the real estate market? What will be the property rates will head for?????????Mr Vinay, With the metro link coming up along this stretch, will it have any impact on the real estate market? What will be the property rates will head for?????????
Q: Want to know about the builder reputation?? Since am planning to book a flat in this project.

My comments to replies
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 Vinay, Even I too have come across about this builder recently about one of the ongoing projects in Matunga west. Seems to be quality builders who have excelled themselves in real estate sector with good reputation and success. Known for commitment, quality work and on time delivery makes them stand out of the crowd.
24th March 2014

Q: What are the future prospects on investing in this locality? Will it fetch good returns in coming years?
My replies to this discussion
Hi Vinay, Mira Bhaiyandar Road is a very prime location in Mumbai. Plenty of eating joints like Domino, McDonald, KFC and many more are available in this locality. During weekend to watch movies Cinemax Multiplex is located just 1.5 km away from the locality. Blessing of this place is availability of many house maids to help for cleaning of house and cooking. It is in close proximity RBK High school, LT Tiwari Engineering Collage, Cinemax Multiplex Theater, Gym, etc Prominent landmark nearby: Galaxy Hospital, LT Tiwari Engineering Collage, Bhakti Vedanta, Tunga and Umrao Hosptial nearby. Distance from airport: 27 Km and distance from prominent railway station is 2 Km.Hi Vinay, Mira Bhaiyandar Road is a very prime location in Mumbai. Plenty of eating joints like Domino, McDonald, KFC and many more are available in this locality. During weekend to watch movies Cinemax Multiplex is located just 1.5 km away from the locality. Blessing of this place is availability of many house maids to help for cleaning of house and cooking. It is in close proximity RBK High school, LT Tiwari Engineering Collage, Cinemax Multiplex Theater, Gym, etc Prominent landmark nearby: Galaxy Hospital, LT Tiwari Engineering Collage, Bhakti Vedanta, Tunga and Umrao Hosptial nearby. Distance from airport: 27 Km and distance from prominent railway station is 2 Km.
Q: Hi, Can anybody say if the project has been launched and when will be its possession date?
My replies to this discussion
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.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.
Q: Has anybody booked a flat in this project? Does someone have any idea about the builder credentials?
My comments to replies
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?
Hello Mr Vinay, I came to know that they are going to tie up with HDFC and ICICI bank shortly for availing home loan which will take at least 2 months time.
26th March 2014

Q: Hi, Want to know how many blocks and floors are there in this project, since I am thinking of booking a flat in this project.

My comments to replies
Hi Sunil, Want to know if there is 24 hrs water supply in the flats. What amenities is the builder providing? Do let me know about it. Has anybody booked a flat in Makwana Crown?
Hey Suresh, I recently booked a 2 BHK flat in this project. Spoke with one of the company guy and confirmed that there are no water problems in the apartment as one will get 24 hrs water supply. Came to know that the builder is providing standard basis amenities like covered car parking, children play area, 100% power backup and 24/7 security.
28th March 2014

Q: Had booked almost 4 years back.... No communications with the builders. Now they seek a increase in premium for per square feet....... Not my problem if they took the advance and put an fullstop to the construction......

My comments to replies
Hi, If you are planning to buy property in Mumbai, here are some good project with reputed developer of Mumbai. These are Lodha Palava City in Dombivli East, Lokhandwala Octacrest in Kandivali East, Lodha Lakeshore Greens in Dombivli East, Adani Western Heights in Andheri West, Hiranandani Gardens in Powai, Hubtown Rising City in Chembur, L&T Emerald Isle in Powai, Codename The Centre in Dombivli East, JP Decks in Goregaon East, Bhoomi Acropolis in Virar West etc.
Hi Shrikant, Which localities in Mumbai do you think has the highest growth potential now in terms of rate appreciation?
14th April 2015

Q: Hi, Do you know about the cities of Mumbai which may offer you good appreciation in shortest period of time?

My replies to this discussion
Hi everybody, Why invest in Powai in Mumbai? Which are the primary developers of this locality? What is the current property rate in the Powai is going on? Can anybody give the USP of the locality?Hi everybody, Why invest in Powai in Mumbai? Which are the primary developers of this locality? What is the current property rate in the Powai is going on? Can anybody give the USP of the locality?
My replies to this discussion
Hi everybody, I wanted to know the project locality and key distances of the basic facilities such as schools, colleges, markets and hospitals.Hi everybody, I wanted to know the project locality and key distances of the basic facilities such as schools, colleges, markets and hospitals.
My comments to replies
Hi everybody, I wanted to know the project locality and key distances of the basic facilities such as schools, colleges, markets and hospitals.
Thanks for the details, Which local body has approved this project? Is the project ready to occupy?
7th May 2014

Q: Hi, residents of Mumbai will soon be able to check the project approvals and plans online and will be able to make an organised decision before buying a house in the city.
My comments to replies
Hi, How will it helps the citizen? When are they going to launch this software?
Well Arup, Citizens will be able to view civic approved building plans and certificates issued for a project or not. If plans for a building have been approved up to the 8th floor and the builder is selling flats on the 12th floor, a citizen can decide whether to wait for approval or go ahead with the deal. By the end of this month they will upload building plans approved since June 2013 on the Brihanmumbai Municipal Corporation (BMC) website.
9th May 2014
@Arup, Even the Utsal Karani, secretary, Janhit Manch, pointed out that most irregularities were in 2006-10 and concessions were granted under the municipal commissioner's discretionary powers. Plans approved during this period must be put in the public domain. Development control rules were changed in 2011, and there have been few violations. The best way to do this is to put as much information as possible in the public domain, so life becomes easy for citizens and officials.
9th May 2014

Q: Who is the builder of Amazon Vally and exact location of is construction site.
My replies to this discussion
Hi everybody, Mira Road is a fast developing locality in North Mumbai. The locality offers easy connectivity to Mumbai, Thane and Navi Mumbai. Several well known developers and builders have their projects here such as RNA Builders, Chaitanya Builders and Kalpataru among others. Mira Road is well connected to different parts of the city by the state transport buses and Thane Municipal Transport buses that ply between Mira Road and Thane. The locality is also well connected via rail, as Mira Road also has a railway station along the Western Line of Mumbai Suburban Railway. The locality offers all the social amenities such as schools, colleges, hospitals, movie theatres etc. Shopping options such Big Bazaar, Croma, Maxxiz Mall etc are great crowd pullers.Hi everybody, Mira Road is a fast developing locality in North Mumbai. The locality offers easy connectivity to Mumbai, Thane and Navi Mumbai. Several well known developers and builders have their projects here such as RNA Builders, Chaitanya Builders and Kalpataru among others. Mira Road is well connected to different parts of the city by the state transport buses and Thane Municipal Transport buses that ply between Mira Road and Thane. The locality is also well connected via rail, as Mira Road also has a railway station along the Western Line of Mumbai Suburban Railway. The locality offers all the social amenities such as schools, colleges, hospitals, movie theatres etc. Shopping options such Big Bazaar, Croma, Maxxiz Mall etc are great crowd pullers.
Q: Hi, Good news for the the residents of Mumbai, your wait for Metro rail come to an end.
My replies to this discussion
Hi all, Row over fares for the Mumbai Metro project between the Maharashtra government and Reliance Infrastructure . MMRDA has already approached the Bombay High Court on Monday asking it to hear its plea against the fare hike by Reliance Infrastructure for the Mumbai MetroHi all, Row over fares for the Mumbai Metro project between the Maharashtra government and Reliance Infrastructure . MMRDA has already approached the Bombay High Court on Monday asking it to hear its plea against the fare hike by Reliance Infrastructure for the Mumbai Metro
My comments to replies
Hi all, Row over fares for the Mumbai Metro project between the Maharashtra government and Reliance Infrastructure . MMRDA has already approached the Bombay High Court on Monday asking it to hear its plea against the fare hike by Reliance Infrastructure for the Mumbai Metro
Well Sunil, The MMRDA appointed Louis Berger Group, an independent organization who has submitted their report, which is being studied, without announcing any details.
10th June 2014

Q: With the scheduled opening of the metro link , the mumbai realty market is to see a change.Discuss!
My comments to replies
hmm.. i read too that this new metro link will connect the north western suburban areas of versova-andheri with ghatkopar and will have a major impact on the realty scene of the area.
Yea, you are right about the impact as the areas that will benefit from the metro has already seen an appreciation of over 400% and the trend is expected to keep increasing.
9th June 2014

Q: What is the rate per sqft going on in this area? Which are the good projects coming up in this area? As I am planning to buy a property in a budget of Rs 65 lakhs.
My replies to this discussion
Hi people, I am having an apartment in Dhanori and I want to give in for rent. How much rent I can expect. Please help with the detailsHi people, I am having an apartment in Dhanori and I want to give in for rent. How much rent I can expect. Please help with the details
Q: Is there any floor rise for this property?
My replies to this discussion
@Vinay.... Usually the rental value depends on the level of furnishing and size of the unit. Mulund East has several such properties available and the rental market rate running between Rs 18000 to Rs 45000 depending upon the configuration and location.@Vinay.... Usually the rental value depends on the level of furnishing and size of the unit. Mulund East has several such properties available and the rental market rate running between Rs 18000 to Rs 45000 depending upon the configuration and location.
Q: Any idea about current construction status of Gaurav Woods II?

My comments to replies
Hi all, I heard a lot of bad news about the builder and can only say that put your hard earn after verification of all the legal approvals, term of payments, amenities and extra charges at the time of booking. Be sure that what he says is mentioned on the registration paper or not. Now a days be very careful before investing on any project of any builders. Try to book only ready to move projects.
Hi Sunil, Thanks for the valuable information. As far as its localities is concerned Located at Mira Road, Mumbai. 10 min drive to National Park, 20 min drive to Esselworld, BEST & MBMT Bus Service facility from Mira Road, M.T.N.L. Telephone Exchange nearby, Near Shopping Malls, Cinemax Theater, ATM's, Banks etc. CBSE/ ICSE Schools, College Nearby. MBMT Bus Service at Doorstep, Well Connected to Dahisar, Borivili & Thane Railway Stations to be link by Mono Rail.
28th August 2014

Q: Hi, Since the day Narendra Modi has taken oath as the Prime Minister of India smart cities have become the burning topic. As per the BJP's declaration, there is a plan to develop 100 smart cities and some of the existing cities will be transformed like GIFT.
My comments to replies
Hey Guys, As per the recent news Reliance Capital has received 5 laks square feet of space in Gujarat International Finance Tec-City (GIFT) in the International Finance Service Centre (IFSC) Special Economic Zone. It is heard that the company will base it's Global Alternate Investment Funds, its commodity exchange and other international business in this location.
Good Morning Nikhil, It is also heard that this ts the largest space taken by any private entity in IFSC. The announcement made on 3rd of June 2015 and the allotment was made between Ramakant Jha, MD and Group CEO, GIFT Company Limited and the letter of allotment was handed over to Sam Ghosh, Executive Director, Reliance Capital.
8th June 2015
@Nikhil, The Reliance Capital has already raised a corpus of Rs. 2000 crore under its Alternate Investment platforms and funds in the last 2 years and they look forward to setting up their various alternate business in this facilities. They have started the process for necessary approvals from the regulators, and expect to launch the proposed business here shortly.
8th June 2015

Q: How is the project and is it a good investment??

My comments to replies
Hi, This is one of the projects developed by Buddha Enterprises and Co-operative Society.Ozone has 4 wings offering 1 BHK apartments having all basic amenities. It is coming with 14 floors, expected completion is around Dec 2016.Currently the price is around 6400/sq-ft .
@Sunil, It has basic amienities . The rise of Mumbai'sreal estate prices has been instrumental in the development of Mira-Bhayandar region.Power from the Bombay Suburban Electric Supply (BSES) & Reliance Energy, MTNL telecom services and BEST bus services which are normally provided to the city, are provided to this region too which has been instrumental in the increase in its population. Thats' why this location is magnet for investors to do investment.
11th August 2014

My comments to replies
instead of investing in virar , you people may be bttr of investing in shilphata near dombivili where there is a whole township coming up or in ambivili , both are good from investment point of view as well as rental perspective.
Hi Sudhir, I think Virar West will be the best option for investment point of view. Project like Rustomjee Global City Avenue, sprawling over 217 acres of land offers 1/2/3/4 BHK residential flats from 412 - 1335 sq-ft. and the price will be Rs. 38.74 lacs to Rs. 1.25 crore onward. I think it's affordable at the same time good locality for investment.
18th May 2015

Q: How good is the A and A shetler builders who have Kripasagar and Safalya project listed here who have not started these projects for last so many years

My comments to replies
Hi, Yes, These projects get delay due to some legal matter but now the construction work is going on. I have a word with their sales head and found that the date of possession will be December'2015.
Yes, You are absolutely right. The State Consumer Disputes Redressal Commission taking the builder, M/S A & A Shelters Pvt Ltd, to task for not appearing before it, the commission said it seemed that the developer did not care for the law of the land.
28th August 2014

Q: I have purchased new flat in Oct 2012 in Panvel,Navi Mumbai.I have paid 20% (4Lakh)amount and made 80 (12 lakh) % loan.i confuse about who's will pay service tax and VAT and how much?
My comments to replies
i was buy flat & stamp duty pay ay 2014 but i didnot pay service tex at that time
Right Roshini, But Service Tax can only be levied on Services and not on sale of goods/immovable property & therefore in the above case Service Tax wouldn't be levied on the value of land and would only be levied on the construction service provided by the builder as per the rates in force with currently is 14% applicable from Ist June, 2015.
24th July 2015

Q: Hi I had purchased a flat in taloja in sep, 2013. Builder has already got occupation certificate from CIDCO in oct,2012. Now he is demanding vat tax 1% from me. Without that he will not give possession to me.. I have already paid other dues. Pls suggest do I need to pay vat tax 1% to builder.
My replies to this discussion
Hi Neeraj, I think you didn't read my reply seriously. It is clear mentioned that if you had paid the VAT and registration fee at the time of registration then you don't need to pay but as you said that you pay only stamp duty and registration fee. Stamp duty and registration fees are two separate charges. So, you have to pay 1% as a VAT. It is better if you take the advice of a legal adviser. They will clarify it.Hi Neeraj, I think you didn't read my reply seriously. It is clear mentioned that if you had paid the VAT and registration fee at the time of registration then you don't need to pay but as you said that you pay only stamp duty and registration fee. Stamp duty and registration fees are two separate charges. So, you have to pay 1% as a VAT. It is better if you take the advice of a legal adviser. They will clarify it.
Hi, Service tax is applicable only when the property is under-construction and not applicable after it is ready while VAT is applicable at time of registration of agreement / sale-deed. If you paid at the time of agreement then you didn't have to pay but if you unable to pay at the time of registration then you have to pay 1% VAT but after getting possession.Hi, Service tax is applicable only when the property is under-construction and not applicable after it is ready while VAT is applicable at time of registration of agreement / sale-deed. If you paid at the time of agreement then you didn't have to pay but if you unable to pay at the time of registration then you have to pay 1% VAT but after getting possession.
My comments to replies
So, what is really an under construction property? Is land cost exempted from both these charges? Any exemption from payment of service tax on construction
Yes, land cost is exempted from both Service Tax and Vat charges. A property is termed "under construction" till the builder receives a "completion certificate" from the relevant authorities. If the entire amount for the property purchase is paid after the receipt of a completion certificate, there would be no service tax levied on the purchase of the property. An exemption from payment of service tax on under construction property is allowed in case of the following cases: 1) Construction of single residential unit, 2) Construction of low cost houses up to carpet area of 60 sq. meter, 3) Single residential unit is defined as a self-contained residential unit designed to be used by one family only.
17th August 2015

Hi folks, Is Vat and Service Tax is applicable on ready-to-move-in property, single residential unit, independent house, villa, bungalow and low cost housing? Should builder issue two separate receipts for both VAT and Service Tax?
Really a good question and many of us don' t know about it. VAT and Service Tax are not applicable on ready-to-move-in properties, single residential unit, independent house, villa, bungalow and low cost housing. For instance, if you have bought a property when it is almost ready-for possession, you must consider to postpone your sale agreement to be signed after completion certificate is issued. If you do so, then you will be saved from paying these charges. Yes, Builder has to issue 2 separate payment receipts i.e. one each for VAT (with Tax Invoice no and TIN) and Service Tax (with Tax Invoice No and ST registration no).
17th August 2015

Hi, Service tax is applicable only when the property is under-construction and not applicable after it is ready while VAT is applicable at time of registration of agreement / sale-deed. If you paid at the time of agreement then you didn't have to pay but if you unable to pay at the time of registration then you have to pay 1% VAT but after getting possession.
Right Shaunak, Service tax, as decided by the central government, is payable on services provided by the service provider. The service provider collects the tax from the consumer and deposits the same to the government
17th August 2015

My comments to replies
Hi all, i wanted to know the price comparative rating of investing in new Panvel as compared to Taloja in Navi-mumbai.What will be the reasonable rates for these areas?
Hi Ramesh, The property rates in New Panvel range from Rs 4000 to 5200/sq-ft while in Taloja they vary from R.s 4200 - 5000/sq-ft. Prices have remained more or less stable in Taloja in the last one year while New Panvel has seen a rise of 16% in the property rate in the same period.
5th September 2014

Hi, Bhakti Residency by Raj Chamunda Builders located at Sector 11, Sanpada, Navi Mumbai offers 3BHK residential apartments. Apartment size varies from 1580-1600 sq-ft. The price is Rs. 4200/sq-ft. This project is ready to move since January'2010. Only resale property is available now.
Hi Arup, Situated 23.2 kilometers east of Mumbai, Sanpada is a residential town in Navi Mumbai. The area has been developed by the City and Industrial Development Corporation of Maharashtra (CIDCO). Sanpada comes under the Konkan region. Connectivity Sanpada is well -connected by road and rail networks. BEST and NMMT buses connect Sanpada to Bandra, Ghatkopar, Santacruz, Andheri, Mulund, Bhandup, Powai, Chembur, Borivali, Thane, Kalyan, Dombivali, Badlapur, Panvel and Dadar.
27th August 2014

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, Teaching is nor its wrong neither its unlawful. professionals can carry on their profession in the 50% of the place of any building for their profession making it mandatory that the other 50% is used for residential purposes as held by the apex court. In Mumbai, to use residential space for commercial purposes, one needs to acquire a license from the Brihanmumbai Municipal Corporation. Procuring this usually takes a long time and is a tedious process.Hi, Teaching is nor its wrong neither its unlawful. professionals can carry on their profession in the 50% of the place of any building for their profession making it mandatory that the other 50% is used for residential purposes as held by the apex court. In Mumbai, to use residential space for commercial purposes, one needs to acquire a license from the Brihanmumbai Municipal Corporation. Procuring this usually takes a long time and is a tedious process.
My comments to replies
hi i think it is now completed till 7 floors.work is in full swing. Regards
Hello Sir, Can you share some information regarding this project and it's possession date? There are lot's of buyers of this project still waiting for the possession of their flats. It will really a helpful for those flats owners.
14th April 2015

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, 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, 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?
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?
Thanks for the useful information Vinay, Which local body has approved this project and which all banks are offering housing loan?
1st September 2014

Q: progress is very slow. i doubt builder will finish commitment.

My replies to this discussion
Hi, I am planning to buy a flat in New Panvel Navi Mumbai. Which locality in Navi mumbai has given the maximum appreciation on apartments last year?Hi, I am planning to buy a flat in New Panvel Navi Mumbai. Which locality in Navi mumbai has given the maximum appreciation on apartments last year?
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 replies to this discussion
HI, Can anybody tell me what are the options available in it and its price? Have they announced the project completion date?HI, Can anybody tell me what are the options available in it and its price? Have they announced the project completion date?
Q: The BKC is set to become the first smart district in Mumbai.

My replies to this discussion
Yes, Not only this but also the citizen portal, users can get information about cafes, or book tables in restaurants or rooms in hotels, or locate a hospital or retail outlet.Yes, Not only this but also the citizen portal, users can get information about cafes, or book tables in restaurants or rooms in hotels, or locate a hospital or retail outlet.
Q: I would like to buy 1bhk in hiranandani zen project- Adalia. Is this a safe investment. is there any kind of dispute on this property/builder/ Please advice.

My comments to replies
HI, 1 bhk in Adalia A/B block is actually 1 room/kitchen (open kitchen concept). I don't think that living room and/or bedroom has balcony either. Also, this 1 room kitchen has only one bathroom. It's not a master bedroom. Behind ADALIA A & B, and TAMARA Towers, there is pumping station for BMC sewage. So, before investment visit the project site and check it.
@Ravi, You are right Ravi. I personally don't think it's worth paying 1.23 Cr+ for garden facing, 1.43 Cr+ for lake facing for 1 room kitchen there. And even if from investment point of view, I will not pay 2.48 Cr assuming Rs. 40000/sq-ft rate after 3-5 yrs for 1 room kitchen even if it's Builder like Hiranandani.
18th September 2014

Q: Can anyone guide me with some good localities in Mumbai which will fetch me good returns?

My replies to this discussion
I agree with Shri. These are the top localities that will fetch you good returns. But I feel Airoli is a fast developing node of Navi Mumbai. The area lies between Thane and Navi Mumbai, and in close proximity to main city of Mumbai. The locality has very good connectivity and accessibility to neighbouring localities such as Nerul and Vashi via the Thane-Belapur Road. The same highway connects the locality to other nodes in Thane and Navi Mumbai. Airoli is further connected to Mulund and remaining Mumbai suburbs via Airoli bridge. Airoli has a good public transport system due to buses ad trains. The harbour line of Mumbai’s suburban network provides accessibility to Airoli. Airoli has a good civic and social infrastructure. It has all the basic social infrastructure such as educational institutions, banks, hospitals and entertainment facilities. Off recent, there are several commercial centres that have come up here. Companies including Siemens, Accenture, Patni, Wipro and Capgemini have setup their base here. An IT SEZ has been created on Thane-Belapur Road, in close proximity to Airoli railway station.I agree with Shri. These are the top localities that will fetch you good returns. But I feel Airoli is a fast developing node of Navi Mumbai. The area lies between Thane and Navi Mumbai, and in close proximity to main city of Mumbai. The locality has very good connectivity and accessibility to neighbouring localities such as Nerul and Vashi via the Thane-Belapur Road. The same highway connects the locality to other nodes in Thane and Navi Mumbai. Airoli is further connected to Mulund and remaining Mumbai suburbs via Airoli bridge. Airoli has a good public transport system due to buses ad trains. The harbour line of Mumbai’s suburban network provides accessibility to Airoli. Airoli has a good civic and social infrastructure. It has all the basic social infrastructure such as educational institutions, banks, hospitals and entertainment facilities. Off recent, there are several commercial centres that have come up here. Companies including Siemens, Accenture, Patni, Wipro and Capgemini have setup their base here. An IT SEZ has been created on Thane-Belapur Road, in close proximity to Airoli railway station.
Q: i want to buy a 2bhk flat in or around kharghar excluding panvel. please give in suggestion my budget is 75lkhs

My replies to this discussion
But one thing you should always keep in mind that in current scenario if you are getting rates of 3000-4500/sq-ft with reputed developer in Navi Mumbai you should book it because the land prices in Navi mumbai has gone up drastically and in coming 3 years land rates to builder will be around 5000/sq-ft so automatically they will sell above 7500/sq-ft...But one thing you should always keep in mind that in current scenario if you are getting rates of 3000-4500/sq-ft with reputed developer in Navi Mumbai you should book it because the land prices in Navi mumbai has gone up drastically and in coming 3 years land rates to builder will be around 5000/sq-ft so automatically they will sell above 7500/sq-ft...
Hi, Ulwe of Navi Mumbai is the India's best destination for residential flat investment for long term around 5 years. So invest there with a reputed builder and in good location. Annual return would be around 29% subject to growth and risk factors. Ulwe is too developing at a fast rate. Within a time horizon of 4 years property prices have become more than double. For instance, projects launched at Rs 2000 to 2500/sq-ft are now available at Rs 5000-5500/sq-ft.Hi, Ulwe of Navi Mumbai is the India's best destination for residential flat investment for long term around 5 years. So invest there with a reputed builder and in good location. Annual return would be around 29% subject to growth and risk factors. Ulwe is too developing at a fast rate. Within a time horizon of 4 years property prices have become more than double. For instance, projects launched at Rs 2000 to 2500/sq-ft are now available at Rs 5000-5500/sq-ft.
Well Sunil, Growth factors:1) Ulwe is connected with the important Thane-Belapur Road through the Uran Road,which also connects it with the JNPT Road that goes towards the Jawaharlal Nehru Port. 2) Proximity to Navi Mumbai International airport. 3) Although plans for SEZ has been shelved,there would be large scale commercial development here.Well Sunil, Growth factors:1) Ulwe is connected with the important Thane-Belapur Road through the Uran Road,which also connects it with the JNPT Road that goes towards the Jawaharlal Nehru Port. 2) Proximity to Navi Mumbai International airport. 3) Although plans for SEZ has been shelved,there would be large scale commercial development here.
Q: Lodha eyes London realty with $5 billion war-chest: Lodha Group, In­dia's biggest realty developer by sales has set its eyes in the booming property market in London, where it plans to in­vest $5 billion (about Rs 30,000 crore at current exchange rate), or 50% more than it has invested in India so far, making it the largest foreign direct in­vestment in UK's realty sector.

My replies to this discussion
I heard that news and found that the group's proposed deal makes the largest foreign direct investment in the UK's realty sector. Lodha wants to be among the top two property developers in London, taking on local firms such as Berkeley and Barratt Development.I heard that news and found that the group's proposed deal makes the largest foreign direct investment in the UK's realty sector. Lodha wants to be among the top two property developers in London, taking on local firms such as Berkeley and Barratt Development.
My replies to this discussion
Well Priyanka, Booking amount will be 20% of the registration value. 3BHK from 1425-1620 sq-ft. will cost around 62.60 lacs all including +3.09% service tax and 7% stamp duty.Well Priyanka, Booking amount will be 20% of the registration value. 3BHK from 1425-1620 sq-ft. will cost around 62.60 lacs all including +3.09% service tax and 7% stamp duty.
Q: Should I invest in Kanakia aroha at this point. The current prelaunch offer is 12750 base price. Is it a good investment for next 3-5 yrs. Also, Oberoi is going to come up with their project soon in this area, which would be a little expensive one. Any ideas

My replies to this discussion
Hi everybody, I agree Oberoi project looks better than Kanakia, but I am more of an investor than a end-user. I wanted to know how much appreciation I can get and which property would be better to invest in in terms of appreciation.Hi everybody, I agree Oberoi project looks better than Kanakia, but I am more of an investor than a end-user. I wanted to know how much appreciation I can get and which property would be better to invest in in terms of appreciation.
Q: Construction work has started or sill in pre-launch phase.....
My replies to this discussion
Hi, Can anybody tell me the locality of Bhiwandi? What is the average residential property rate is going on in the locality?Hi, Can anybody tell me the locality of Bhiwandi? What is the average residential property rate is going on in the locality?
My replies to this discussion
Scope of returns in small properties- As small properties were least preferred by developers and only 18% of the projects launched were in this category. Less supply and below than average demand makes the capital appreciation static.Scope of returns in small properties- As small properties were least preferred by developers and only 18% of the projects launched were in this category. Less supply and below than average demand makes the capital appreciation static.
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 wanted to know the location advantages of this project? How is the project connectivity to the city of Mumbai?Hi all, I wanted to know the location advantages of this project? How is the project connectivity to the city of Mumbai?
Right Praveen, Ulwe is a junction of the city of Navi Mumbai. It is well developed and maintained by CIDCO. It is located in Raigad district. Ulwe is going to be a major successful planned city to live after Vashi. It has attracted many people to buy property here. Many buildings and constructions are being developed in Ulwe. CIDCO buildings are also being constructed in there. The Navi Mumbai international airport is nearby to Ulwe. A sea link from Sewri to Nhava Sheva is proposed.Right Praveen, Ulwe is a junction of the city of Navi Mumbai. It is well developed and maintained by CIDCO. It is located in Raigad district. Ulwe is going to be a major successful planned city to live after Vashi. It has attracted many people to buy property here. Many buildings and constructions are being developed in Ulwe. CIDCO buildings are also being constructed in there. The Navi Mumbai international airport is nearby to Ulwe. A sea link from Sewri to Nhava Sheva is proposed.
My comments to replies
Hi all, I wanted to know the location advantages of this project? How is the project connectivity to the city of Mumbai?
Well Arup, What is the future in Ulwe? Are the rates be still increasing as now they are or after increasing so much they will collapse because these rates are now in Mumbai for Mumbai Property? So help me?
10th October 2014

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
Hi everybody, Mahindra group's realty arm Mahindra Lifespaces has launched the phase-2 of its affordable housing project in Mumbai's suburbs in March'2015. In Ph-2 they are offering around 240 flats. This project is strategically located in Boisar, on the outskirts of Mumbai.
Hey Lalit, I was waiting for this project as the locality is very near to my work place. Can you tell me what are the various options available in it and its price?
25th June 2015
If i am not wrong, company has launched its two project during one in Mumbai and another is CHennai as pilot project in the affordable housing segments. The company is looking to expand further in Maharashtra. The company will announce more projects in Maharashtra soon.
25th June 2015

Q: It would be good if you all can share details about the project
My replies to this discussion
There is a very good article written about the locality and you can read about the same here Kanjurmarg To Beat Mulund and Ghatkopar in Popularity There is a very good article written about the locality and you can read about the same here Kanjurmarg To Beat Mulund and Ghatkopar in Popularity
My comments to replies
Runwal Forest is the most recently crafted residential township by Runwal Group. The project offers residential units of 1BHK, 2BHK and 3BHK apartments. This township occupies the prime location of Kanjurmarg, Mumbai.
Runwal Forests is a novel residential township which is spread over 16 acres of land and offers 1,200 residential units. These units will be set-up over an area ranging between 725 sq.ft. to 1,800 sq.ft. It will have 10 exclusive towers
15th October 2014

My friends and many other people told me that Kanjurmarg is a preferred location . What is the reason? What about the amenities available in this project?
As far as I know the project offers amenities like Approximately 5 Acres of Landscape Garden Modern Clubhouse with State-of the-art Gymnasium Ganesh Mandir Jain Mandir Swimming Pools Banquet/Party Hall Mini-Theatre Basketball/Badminton court Squash court Tennis court Forest Trails (walking & cycling track) Jogging / Running track Zen Garden Sprawling water bodies Dedicated Children play are
15th October 2014

Q: Can anyone provide me some feedback about the locality? How is the locality from investment pint of view?
My replies to this discussion
Hi all, Among the suburbs around Kalyan in northeast Mumbai, lies Ambernath- a suburb that is growing rapidly. It is located on the Mumbai-Pune route. Ambernath is part of Mumbais Metropolitan Region (MMR). A number of national and international companies have been based in this area over the past few years.Hi all, Among the suburbs around Kalyan in northeast Mumbai, lies Ambernath- a suburb that is growing rapidly. It is located on the Mumbai-Pune route. Ambernath is part of Mumbais Metropolitan Region (MMR). A number of national and international companies have been based in this area over the past few years.
Q: Please suggest if it is advisable to invest in Kalyan shil road on Marathon Nextown?

My replies to this discussion
Hi, I wanted to know what are civic governance charges and at what stage they are payable as per law. Can these be charged by builder separately in spite of not mentioned in the Sale Agreement before handing over possession and before receipt of occupation certificate?Hi, I wanted to know what are civic governance charges and at what stage they are payable as per law. Can these be charged by builder separately in spite of not mentioned in the Sale Agreement before handing over possession and before receipt of occupation certificate?
Q: Hi, How is the project Neminath Imperia in Andheri West, Mumbai? Is the locality good for investment?

My replies to this discussion
HI, Andheri West is largely a residential area dotted with old houses of the Parsi community especially on the west side of the station. The Madhavdas Amarsey Road has been after the Madhavdas Amarsey School situated on this road. SV Road is the main artery. The new Link road connects Andheri West to the recently developed and fast growing areas stretching up to Borivali and beyond. Some key landmarks in Andheri West include Andheri Sports Complex, Juhu Circle, Infiniti Mall, Lakshmi Industrial Estate etc. At present, the average capital values in Andheri West range from Rs 18500 to Rs 23800/sq-ft while in Andheri East it vary from Rs 13900 to Rs 17700/sq-ft. So, this area is not for the middle class working people.HI, Andheri West is largely a residential area dotted with old houses of the Parsi community especially on the west side of the station. The Madhavdas Amarsey Road has been after the Madhavdas Amarsey School situated on this road. SV Road is the main artery. The new Link road connects Andheri West to the recently developed and fast growing areas stretching up to Borivali and beyond. Some key landmarks in Andheri West include Andheri Sports Complex, Juhu Circle, Infiniti Mall, Lakshmi Industrial Estate etc. At present, the average capital values in Andheri West range from Rs 18500 to Rs 23800/sq-ft while in Andheri East it vary from Rs 13900 to Rs 17700/sq-ft. So, this area is not for the middle class working people.
My comments to replies
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 Vinay, The capital values in Andheri West have increased by 7% in last one year, 19% in last two years and 35% in last three years. In it eastern counterpart, the trend has been 3% in last one year, 16% in last two years and 24% in last three years. No, the price depends on the locality and the amenities provided by the developer in the project. It will vary from place to place.
17th October 2014

I heard that that in this Diwali they are giving some bumper offers to its new customer?
Yes, It is absolutely right . They are offering gold coin for new customer in this Diwali worth Rs. 80000.
17th October 2014

Q: I have heard a lot about the locality from property dealers and others butt I am looking for feedback from people staying there or people who have bought apartment in this locality.

My replies to this discussion
Shilphata has the potential to become the next residential hot spot belt in Navi Mumbai. Some of the other important roads in the area are Kalyan-Shilphata Road and Shilphata Mahape Road. Due to these roads, Shilphata acts as a gateway to Navi Mumbai for people coming from Thane and Kalyan-Dombivli areas. There are regular buses plying this area from Thane and Navi Mumbai.Shilphata has the potential to become the next residential hot spot belt in Navi Mumbai. Some of the other important roads in the area are Kalyan-Shilphata Road and Shilphata Mahape Road. Due to these roads, Shilphata acts as a gateway to Navi Mumbai for people coming from Thane and Kalyan-Dombivli areas. There are regular buses plying this area from Thane and Navi Mumbai.
My comments to replies
What about the real estate market in this locality? Is it a good idea to buy an apartment in this area?
The biggest deterrent for Shilphata’s real estate development is the current lack of civic amenities and social infrastructure. Yet, this has not deterred developers from coming into this area. There are already several projects available by developers such as Gajra Group, Marathon, Lodha Group and Runwal Group. The most common apartment configurations in the area are 1 and 2BHK apartments. Most of these apartments are sought after by employees in the nearby industrial zones. The typical built area of a 1BHK apartment is about 630-835 sq. ft. and that of a 2BHK apartment is about 800-1,100 sq. ft.
21st October 2014

Q: I have booked in Casa rio Genevia/A, and promised to give positioned in 2013. still waiting. now the new date is Dec 14... anyone who has booked a flat in CASA RIO GENEVIA???

My comments to replies
Dear Flat owners of Genevieve Block A, We have been called for handing over of our flat. However, Lodha want us to sign a document that says that we have been provided the Flat along with all the fit up as per the agreement and we shall not be having any claim on builder of any nature in future. They have mention that customer shall check the flat and inform the discrepancies if any and the same shall be corrected by the builder within 30 days. They want us to sign this document at their HO in Mahalaxmi and after that only they shall provide us the keys. It is also to be noted that OC is not yet obtained and as per the builder it may take 7 months from now. whereas customers need to pay for all maintenance charges from now. This is not fair. I seek advise from other residents please. Please share your experience if any one of you have already get the keys and whether you also get it through the same process. Regards, Dixit
Are you sure that the developer will handover the OC in 7 months? Check what is the reason of delay offering OC.OC is a must needed document for entering into the flat. If there is no OC, you have to face a lot of difficulties.
14th April 2015

Q: I RECEIVED FOLLOWING EMAIL TODAY FROM NIRANJAN HIRANANDAN CONTROLLED COMPANY: QUOTE: Dear Sir/Madam, We refer to the allotment of your flat in the building Atlas in the project “Palace Gardens”, Panvel by Sunny Vista Realtors Private Limited (SVRPL). We are pleased to inform you that Persipina Developers Private Limited (A Niranjan Hiranandani Group Co. (Company) has purchased (under the Securitization and Re-construction of Financial assets and Enforcement of Security Interest act, 2002 and Security Interest Enforcement (Rules), 2002), the immovable property / secured assets of the project, which was mortgaged to Consortium led by Punjab National Bank (PNB) by SVRPL. The process of taking over the project is underway. We have to request you to address all communication and make future payments towards your flat in favour of “Persipina Developers Private Ltd” to the following :- Ms. Swathi Ghosh Persipina Developers Private Limited Alpha building, 11th floor, Main Street, Hiranandani Gardens, Powai, Mumbai – 400 076 We shall be, separately, sending a detailed communication to provide more updates on the processes after reviewing the current documentation entered into with you. In the interim, we request you to provide either to Ms. Swathi Ghosh or to Ms. Ankita Panchamia on apanchamia@hrealty.com, the details of the purchase price, allotment letters together with agreements, if any, and the payments made by you to SVRPL. The Company remains fully committed to completion of the project. While the project was unfortunately stalled owing to extreme circumstances in the past, given that the Company has now taken over the project, it is expected to progress smoothly and in a timely manner. We value your association with the project and thank you for your understanding with an assurance of our best services at all times. We look forward to a positive and long standing relationship going forward. Thanking you, Yours faithfully, Tarun K. Mukherjee

My replies to this discussion
Hi all, That's really a good news for all the investors and buyers of the Hiranandani Palce Garden, Panvel, Navi Mumbai. Hopefully NH can quickly build up development of the rest of the project and deliver the project in a timely manner.Hi all, That's really a good news for all the investors and buyers of the Hiranandani Palce Garden, Panvel, Navi Mumbai. Hopefully NH can quickly build up development of the rest of the project and deliver the project in a timely manner.
My replies to this discussion
Hi all, I wanted to know the construction at Nirmal Olympia going on. Is the construction good. whether the land is freehold or leasehold and whether the title is clear. whether the land is not a notified area like a forest land by the govt. will the builder give all the amenities as promised. I am a bit worried about all these aspects as it is my first investment in Mulund East. Also, whether we can pay the cost in instalments as and when the slabs are ready.Hi all, I wanted to know the construction at Nirmal Olympia going on. Is the construction good. whether the land is freehold or leasehold and whether the title is clear. whether the land is not a notified area like a forest land by the govt. will the builder give all the amenities as promised. I am a bit worried about all these aspects as it is my first investment in Mulund East. Also, whether we can pay the cost in instalments as and when the slabs are ready.
Thanks for your quick reply.... Do you know when is the project possession date? How is the project locality? How is the condition of drainage and sewage system? I heard that this area has a parking issues?Thanks for your quick reply.... Do you know when is the project possession date? How is the project locality? How is the condition of drainage and sewage system? I heard that this area has a parking issues?
My replies to this discussion
Hi, Tata Aveza by Tata Housing Development Co. Ltd. located at MHADA, New PMGP Co-operative Housing Society Ltd., Navghar, Mulund East, Mumbai. It offers 2/3/4 BHK residential apartments. 2BHK from 1460-1564 sq-ft., 3BHK from 2015-2371 sq-ft. and 4BHK from 3476 sq-ft. The current price quoted by the developer is Rs. 12250/sq-ft. but it is negotiable. It is a G+31 storey to G+41 storey apartments consists 6 residential towers.Hi, Tata Aveza by Tata Housing Development Co. Ltd. located at MHADA, New PMGP Co-operative Housing Society Ltd., Navghar, Mulund East, Mumbai. It offers 2/3/4 BHK residential apartments. 2BHK from 1460-1564 sq-ft., 3BHK from 2015-2371 sq-ft. and 4BHK from 3476 sq-ft. The current price quoted by the developer is Rs. 12250/sq-ft. but it is negotiable. It is a G+31 storey to G+41 storey apartments consists 6 residential towers.
Q: After a gap of 3 years, Mumbai based realty major has reopened bookings in its luxury residential tower - World One.

My replies to this discussion
The apartments are being priced at R70000/sq-ft on carpet area for apartments sized 2500-3500 sq-ft. This takes the ticket size of the apartments to Rs.18 cr. to Rs.25 cr. The project located in central Mumbai, close to the upmarket Worli, was initially launched in late 2010, however, after almost a year of sales, the bookings were stopped in end 2011. Yes, the company had sold 50% of the project in the first 12 months of the launch and decided to take a break on bookings as it wanted to reach a certain threshold of construction before starting bookings again.The apartments are being priced at R70000/sq-ft on carpet area for apartments sized 2500-3500 sq-ft. This takes the ticket size of the apartments to Rs.18 cr. to Rs.25 cr. The project located in central Mumbai, close to the upmarket Worli, was initially launched in late 2010, however, after almost a year of sales, the bookings were stopped in end 2011. Yes, the company had sold 50% of the project in the first 12 months of the launch and decided to take a break on bookings as it wanted to reach a certain threshold of construction before starting bookings again.
Do you know that the project had to face challenges. The height of the project had raised concerns that the tower may hinder the aircraft movement from the Mumbai International Airport as the project is in the centre of the city. In 2011, the International Civil Aviation Organization had also conducted a study to understand if there were any risks to the movement of flights in and out of Mumbai.Do you know that the project had to face challenges. The height of the project had raised concerns that the tower may hinder the aircraft movement from the Mumbai International Airport as the project is in the centre of the city. In 2011, the International Civil Aviation Organization had also conducted a study to understand if there were any risks to the movement of flights in and out of Mumbai.
Some of the other features of the World One include having India’s fastest elevators traveling at 8 metres/second. This is one of its first project in South Asia to have Armani/Casa design its interiors and first project in India to be constructed with latest construction technology called Jump form shuttering system.Some of the other features of the World One include having India’s fastest elevators traveling at 8 metres/second. This is one of its first project in South Asia to have Armani/Casa design its interiors and first project in India to be constructed with latest construction technology called Jump form shuttering system.
Q: I am planning to buy property in shilphata area and i found saptshree galaxy good one but i am little afraid about the possession , rates and builder that how these all? and i just wanted to know has any one booked flat with saptshree ?

My replies to this discussion
Saptashree Galaxy is the first large scale residential project by Saptashree Group, coming up at Padle, Shil Kalyan Road, Thane. Multiple residential towers of G+20 floors along with a road facing commercial space, have been planned in a beautifully landscaped campus with modern, lifestyle facilities like clubhouse and swimming pool, Fully equipped Gymnasium and Exquisite landscaping. It offers 1/2 BHK residential apartments. 1BHK in 665 sq-ft and 2BHK from 840-1005 sq-ft. It's current price is Rs. 5000/sq-ft.Saptashree Galaxy is the first large scale residential project by Saptashree Group, coming up at Padle, Shil Kalyan Road, Thane. Multiple residential towers of G+20 floors along with a road facing commercial space, have been planned in a beautifully landscaped campus with modern, lifestyle facilities like clubhouse and swimming pool, Fully equipped Gymnasium and Exquisite landscaping. It offers 1/2 BHK residential apartments. 1BHK in 665 sq-ft and 2BHK from 840-1005 sq-ft. It's current price is Rs. 5000/sq-ft.
As far as developer's track record is concerned, Saptashree Builders and Developers with more than 20 years in the field have many prestigious projects under our belt. They have top-notch designers and architects apart from a dedicated team of specialists to glide you through the serenity of our projects. Looking to the demand of the customers for pleasant and quiet localities, Saptashree Developers chooses their next people friendly project Green Acres-3 at Ghodbunder and Ishan Arcade-1 & Ishan Arcade-2 at Naupada (Thane). They are also looking forward for constructing Gree shma Residency , a huge and spacious residential complex at Teen Hath Naka (Thane), which will fulfill your all requirement.As far as developer's track record is concerned, Saptashree Builders and Developers with more than 20 years in the field have many prestigious projects under our belt. They have top-notch designers and architects apart from a dedicated team of specialists to glide you through the serenity of our projects. Looking to the demand of the customers for pleasant and quiet localities, Saptashree Developers chooses their next people friendly project Green Acres-3 at Ghodbunder and Ishan Arcade-1 & Ishan Arcade-2 at Naupada (Thane). They are also looking forward for constructing Gree shma Residency , a huge and spacious residential complex at Teen Hath Naka (Thane), which will fulfill your all requirement.
Q: i want to know about the project in pen arrow city mahattan , does this project working , it started in 2008 and nothing has been developed since 6 yrs , only sample flats from last 4 yrs . please let me know if dis project is good or not

My comments to replies
Can anyone please confirm the latest on Arrow City. It has been over a year since the last query.
Right Sandeep, Vineet Malhotra has purchased land under irrigation area of Hetwane Dam , Pen and while purchasing this land he has given false affidavits signed in front of Pen ,Tehsildar that he will not use this land for any other purpose other than farming.
15th February 2016

My replies to this discussion
Ekta Parksville is one of the residential development of Ekta World, located at Virar, Thane, Mumbai. It offers 1/2/3BHK apartments. 1BHk in 613 sq-ft., 2BHK from 787-950 sq-ft and 3BHK in 1338 sq-ft. The current price is Rs. 5200/sq-ft.It is G+15 storey apartments consists 2000+ units in 13 towers. The cost of 1BHK will be rs. 31.81 lacs, 2BHK will be Rs. 40.84 lacs to 49.30 lacs and 3BHK will be Rs. 69.44 lacs. The price mentioned above is all exclusive.Ekta Parksville is one of the residential development of Ekta World, located at Virar, Thane, Mumbai. It offers 1/2/3BHK apartments. 1BHk in 613 sq-ft., 2BHK from 787-950 sq-ft and 3BHK in 1338 sq-ft. The current price is Rs. 5200/sq-ft.It is G+15 storey apartments consists 2000+ units in 13 towers. The cost of 1BHK will be rs. 31.81 lacs, 2BHK will be Rs. 40.84 lacs to 49.30 lacs and 3BHK will be Rs. 69.44 lacs. The price mentioned above is all exclusive.
So far, the group has built some of the best residential complexes in the western suburbs between Bandra and Dahisar in Mumbai and in Pune. With over two decades of experience in the construction sector, EKTA world has been developing three to four lakh sq.ft. real estate properties every year. Ekta Group has consciously worked towards building eco-friendly, green projects. Some of their ongoing projects are Ekta World Legranz - Chembur, Ekta World Eudora - Khar, Ekta World Shubham Solitude - Chembur, Ekta World The Ektaa Hibiscus - Tangra, Kolkata, Ekta World Ekta Iris - Khar, Ekta World Ekta Maplewood - Khar, Ekta World Parksville - Virar etc. So far, the group has built some of the best residential complexes in the western suburbs between Bandra and Dahisar in Mumbai and in Pune. With over two decades of experience in the construction sector, EKTA world has been developing three to four lakh sq.ft. real estate properties every year. Ekta Group has consciously worked towards building eco-friendly, green projects. Some of their ongoing projects are Ekta World Legranz - Chembur, Ekta World Eudora - Khar, Ekta World Shubham Solitude - Chembur, Ekta World The Ektaa Hibiscus - Tangra, Kolkata, Ekta World Ekta Iris - Khar, Ekta World Ekta Maplewood - Khar, Ekta World Parksville - Virar etc.
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
I would like to know more about the project. I am planning to buy a 2BHK myself. Please share details about the location, amenities and cost of the flats in this project. Also please share the PSF for a 2BHK in this project.I would like to know more about the project. I am planning to buy a 2BHK myself. Please share details about the location, amenities and cost of the flats in this project. Also please share the PSF for a 2BHK in this project.
My replies to this discussion
To get best deal as per your requirement list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile. To get best deal as per your requirement list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
Q: The real estate sector has several expectation from budget 2015-16. What is your opinion and what initiative should Modi Govt. take to give better shape of Indian Realty Market?

My comments to replies
Hi all, Have you heard the news? PM Narendra Modi's "Housing for all by 2022" scheme to be launched by mid of June'2015. The government is getting ready to launch PM Narendra Modi's most committed scheme "Housing for all by 2022". And he is probably to launch the scheme as an umbrella mission after recounting all affordable housing schemes and slum redevelopment projects.
Now it's time to say that BJP Govt. is really doing good for common people. Have the urban and rural development ministries have finalised their specific elements for providing 6 lakh houses for 6 lakhs people across the country?
28th May 2015

Q: Hi, lot's of infrastructure projects in Mumbai stuck in red tape and delayed due to lack of environment clearances.

My comments to replies
What will be the estimated cost of these elevated road? Any idea Shaina????
Not only this, the Authority further gave boost to the Bandra-Kurla Complex by splitting 20 Hectares of plot in "G Text" Block for an International Finance Service Centre and approving Rs 95.57 crore expenditure in order to afford smart status to the complex by making it wi-fi able and providing smart parking, integrated building monitoring system, command and control centre, energy efficient street lights, bus service etc.
28th August 2015

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 replies to this discussion
@Sisir, I think Sunil is right. Ulwe should be your first choice, as it is very close to upcoming Navi Mumbai International Airport. And the price are quite affordable now. It is one of the fast developing nodes in the city and offers 1BHK units ranging from Rs 24-30 lakh. Secondly, Panvel, as this locality is close to Navi Mumbai International Airport too. Those who have an investment budget of Rs 20 lakh and yet want to stay close to Mumbai, then Panvel has many options for investment. you can find a 1BHK in size ranging from 350-750 sq-ft, within Rs 20-35 lakh.@Sisir, I think Sunil is right. Ulwe should be your first choice, as it is very close to upcoming Navi Mumbai International Airport. And the price are quite affordable now. It is one of the fast developing nodes in the city and offers 1BHK units ranging from Rs 24-30 lakh. Secondly, Panvel, as this locality is close to Navi Mumbai International Airport too. Those who have an investment budget of Rs 20 lakh and yet want to stay close to Mumbai, then Panvel has many options for investment. you can find a 1BHK in size ranging from 350-750 sq-ft, within Rs 20-35 lakh.
Q: Why Kalyan-Dombivli will drive Mumbai's realty market?
My replies to this discussion
@Shalini Parikh, The primary factor driving the real estate growth in the Kalyan-Dombivli is the sky-rocketing prices in Mumbai suburbs, coupled with the growing demand for affordable housing. Mumbai continues to attract migrants who come to the financial capital with hopes of employment opportunities. This has increased the demand for affordable housing.@Shalini Parikh, The primary factor driving the real estate growth in the Kalyan-Dombivli is the sky-rocketing prices in Mumbai suburbs, coupled with the growing demand for affordable housing. Mumbai continues to attract migrants who come to the financial capital with hopes of employment opportunities. This has increased the demand for affordable housing.
My comments to replies
@Shalini Parikh, The primary factor driving the real estate growth in the Kalyan-Dombivli is the sky-rocketing prices in Mumbai suburbs, coupled with the growing demand for affordable housing. Mumbai continues to attract migrants who come to the financial capital with hopes of employment opportunities. This has increased the demand for affordable housing.
Hi Manish, Factor that driving demand is the availability of industrial belts and improving infrastructure around this area. Both Kalyan and Dombivli have an industrial belt up to Badlapur. This provides very good employment opportunities for people residing around the region. Property values in the Kalyan and Dombivli area offers projects within the affordable range. For example, the average property value in Dombivli East is about Rs 5450/sq. ft while it is about Rs 6100/sq.-ft in Dombivli West. The average property value in Kalyan East is about Rs 5250/sq-ft while the average property value in Kalyan West is about Rs 59500/sq. ft.
10th March 2015

Q: Guys pl join us in movement to get our houses back on facebook.

My comments to replies
Hi, Can you tell me which project are you talking about so that i can forward you some useful information on it? Buying a home is a big decision. Most invest their hard-earned money into buying a house. But what if we do not get possession on time? In such cases, the flat purchaser can file a consumer complaint for deficiency in service as defined under the Consumer Protection Act (CPA), 1986, against the builder. He is required to file a written complaint before the appropriate consumer redressal forum set up under the Act.
@Pradyuman, A delay in giving possession can be due to various reasons such as pending municipal approvals or some dispute. Or if property prices are rising, the developer may intentionally not give possession in the hope of making buyers pay more even if the agreement has been signed at older rates. This will not reflect in the sale agreement.
11th March 2015

Q: Hi, Will the work of the Navi Mumbai International Airport will begin soon?

My comments to replies
Hi, Will Chikhale also become a part of 'Naina' ?
Hi Veidehi, NAINA has been planned in order to support residential development around the Navi Mumbai International Airport. It covers parts of Panvel, Pen, Uran, Karjat, Khalapur (District Raigad) including a total of 270 villages and 6 talukas.
13th March 2015

Q: Private equity firm Xander Advisors India has invested around Rs 280 crore in a residential project in Pune
My replies to this discussion
As i know that the deal was closed last week and it will be a structured transaction, which includes private placement of non-convertible debentures (NCDs).As i know that the deal was closed last week and it will be a structured transaction, which includes private placement of non-convertible debentures (NCDs).
Hi Indranil, NCDs are unsecured bonds that cannot be converted into the company's equity or stock and usually carry higher interest rates. This instrument, which offers healthy yields of 14-18%, has emerged as this year's tool-of-choice for real estate firms to raise money among tight liquidity as banks continue to be selective in extending loans to developers. Currently, residential property rates in the locality are in the range of Rs 9,000 to Rs 11,000 per sq ft.Hi Indranil, NCDs are unsecured bonds that cannot be converted into the company's equity or stock and usually carry higher interest rates. This instrument, which offers healthy yields of 14-18%, has emerged as this year's tool-of-choice for real estate firms to raise money among tight liquidity as banks continue to be selective in extending loans to developers. Currently, residential property rates in the locality are in the range of Rs 9,000 to Rs 11,000 per sq ft.
My comments to replies
Hi Indranil, NCDs are unsecured bonds that cannot be converted into the company's equity or stock and usually carry higher interest rates. This instrument, which offers healthy yields of 14-18%, has emerged as this year's tool-of-choice for real estate firms to raise money among tight liquidity as banks continue to be selective in extending loans to developers. Currently, residential property rates in the locality are in the range of Rs 9,000 to Rs 11,000 per sq ft.
Yup, private equity investments in real estate more than doubled in 2014 toRs 15,410 crore, indicating renewed interests among domestic and foreign investors for the Indian real estate sector. In a recent such transaction, Aditya Birla Real Estate Fund invested Rs 150 crore in Bengaluru-based realty developer Ozone Group though non-convertible debentures.
10th March 2015

Q: Hi, how will be the new redevelopment policy different from old policy?

My replies to this discussion
Right Anirudh, Chief Minister Devendra Fadnavis asked the panel to submit its report by this month-end, and government would take into confidence all the municipal bodies and elected representatives in MMR before finalising the policy.Right Anirudh, Chief Minister Devendra Fadnavis asked the panel to submit its report by this month-end, and government would take into confidence all the municipal bodies and elected representatives in MMR before finalising the policy.
My comments to replies
Hi Sankalp, Till now, the redevelopment policy was sectoral, but the new policy would be common for the whole region. MMR includes districts of Mumbai, Thane and Palghar, besides Panvel town in Raigad district. A complete and comprehensive solution was needed for the redressal of redevelopment trouble of this region.
I agree with you, illumination levels of LED at Marine Drive and J J Flyover in Mumbai were very low, So, the Fadnavis has decided that the number of LED bulbs would be increased, and that the LED at Marine Drive is a pilot project for efficiency testing.
20th March 2015

Q: On GoogleGroup, please search for AurumGrandeKanjurmarg and send your request to join in. On Facebook, please search for Lodha Aurum Kanjurmarg Buyers group & send your request to join in. You may also send your request by e-mail along with contact details to AurumGrandeKanjurmarg@gmail.com
My replies to this discussion
At the same time the locality has good connectivity to the other parts of the city. Kanjurmarg allows easy access to corporate development in Powai, SEEPZ and Vikhroli. Further it is conveniently connected to the Eastern Express Highway via a flyover that runs across the Central Railway line, thus improving connectivity between western and eastern Mumbai, especially to areas which are not accessible by trains.At the same time the locality has good connectivity to the other parts of the city. Kanjurmarg allows easy access to corporate development in Powai, SEEPZ and Vikhroli. Further it is conveniently connected to the Eastern Express Highway via a flyover that runs across the Central Railway line, thus improving connectivity between western and eastern Mumbai, especially to areas which are not accessible by trains.
My comments to replies
Hi, Lodha Aurum Grande by Lodha Group located at Kanjurmarg, Mumbai offers 2/3 BHK residential apartments. 2BHK in 1161 sq-ft. and 3BHK from 1368-1602 sq-ft. Standing 34 storeys tall, the 3 towers of Lodha Aurum Grande soar literally and metaphorically over every other building in the suburbs. The cost of 2BHK will be Rs. 1.68 crore onward and for 3BHK it will be Rs. 1.98 crore to Rs. 2.32 crore onward.
Right Sunil, This project is almost ready to move and if anybody is looking for buying a flats of this project through loan i would like to tell them that almost all the major banks such as HDFC Bank | State Bank of India | ICICI Bank have approved this project for housing loans.
26th March 2015

Q: Hi, which are the top five rentals market of MMR?
My replies to this discussion
Hi, There are a good number of apartments available for rentals in MMR. Mira Road, Kharghar, Dombivli East, Goregaon East and Ghodbunder Road are among them. The following areas are the top five areas in terms of availability of housing units in the 1/2/3BHK configurations during the third quarter of 2014.Hi, There are a good number of apartments available for rentals in MMR. Mira Road, Kharghar, Dombivli East, Goregaon East and Ghodbunder Road are among them. The following areas are the top five areas in terms of availability of housing units in the 1/2/3BHK configurations during the third quarter of 2014.
@Manilal, On the other hand, since the land valuations are higher in Mira Road in comparison with different parts of Navi Mumbai and Thane, there are more 1BHK flats than other configuration. In the same way, Kharghar witnesses a good amount of lower configuration apartments as it can be found in the industrial region of Navi Mumbai. As a result, people who like to stay close to their work location look for rental housing in the area.@Manilal, On the other hand, since the land valuations are higher in Mira Road in comparison with different parts of Navi Mumbai and Thane, there are more 1BHK flats than other configuration. In the same way, Kharghar witnesses a good amount of lower configuration apartments as it can be found in the industrial region of Navi Mumbai. As a result, people who like to stay close to their work location look for rental housing in the area.
Hi Sir, Andheri East too observed a excellent number of apartments for rent. On the other hand, the demand for rentals is normally witnessed by the higher middle-class income group. Kandivali East and Mira Road too offer 3BHK units. However, most of the projects available in the areas are limited to 1 and 2BHK units. Chembur was one of the areas that witnessed a decent number of rental apartments during Q3.Hi Sir, Andheri East too observed a excellent number of apartments for rent. On the other hand, the demand for rentals is normally witnessed by the higher middle-class income group. Kandivali East and Mira Road too offer 3BHK units. However, most of the projects available in the areas are limited to 1 and 2BHK units. Chembur was one of the areas that witnessed a decent number of rental apartments during Q3.
Q: Hi, i want to know the current stamp duty and registration charges of property in Mumbai?
My replies to this discussion
Hi Roshni and Kishore, What is Guidance Value and who decide it? It it differ from are to area? Where should i pay the Stamp Duty and Registration Charges?Hi Roshni and Kishore, What is Guidance Value and who decide it? It it differ from are to area? Where should i pay the Stamp Duty and Registration Charges?
Hi Arup, I want to know the exact definition of stamp duty and registration charges. Do the stamp duty and registration charges vary in all the cities across the state?Hi Arup, I want to know the exact definition of stamp duty and registration charges. Do the stamp duty and registration charges vary in all the cities across the state?
Thanks Mirani, On what basis the stamp duty and registration amount calculated?Thanks Mirani, On what basis the stamp duty and registration amount calculated?
My comments to replies
Hi everybody, The guideline value, more commonly known as guidance value, is the minimum value at which a property can be registered. It is decided by the respective State governments and differs from one area to another in a city. While registration charges are mostly fixed, stamp duty in Maharashtra can change from time to time, with the Maharashtra government revising them mostly annually. These charges are primarily dependent on the existing market rate of the property, the expansion of the city limits and the property market performance.
Thanks Roshini, How the Stamp Duty and Registration Tax Dept. calculate it? Can you give me example based on residential flats measuring 2000 sq-ft.?
17th August 2015

Q: Hi! The Real Estate Regulation Bill, which was 1st presented by the UPA government in the Rajya Sabha in August 2013, was accepted by the Union Cabinet on 7th April 2015.
My replies to this discussion
Hey folks !!!!!! 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.Hey folks !!!!!! 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 folks !!!!!! 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.
@Gauri............ 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

My comments to replies
Hi Amogh, Are they asking for the last installments? Check your payment schedule. If your payment schedule match with the demand of the developer, then you have to pay the installment. How can they handover the occupancy certificate before last payment. As per the discussion made with the developer, it is found that possession is likely to be given by June'2015.
Yes, Home-buyers protest in front of the HDIL Tower in Bandra after the firm failed to hand over possession letters to several buyers. The protestors allege that the company is demanding more money for additional amenities. Most of the owners had been kept on hold since 2011.
26th June 2015

Q: Hi, has anyone booked a flat in Sanaya Astrio, Mulund West? What is the price of 3BHK?
My replies to this discussion
Hey Shreya, Sanaya Astrio by Sanaya Realties Pvt. Ltd. offers 3BHK in 1648 sq-ft.(built-up area) and it's price will be Rs. 2.38 cr. all exclusive.Hey Shreya, Sanaya Astrio by Sanaya Realties Pvt. Ltd. offers 3BHK in 1648 sq-ft.(built-up area) and it's price will be Rs. 2.38 cr. all exclusive.
My comments to replies
Hi Kishore, I am looking for a 2BHK flat in Mulund (West) and came to know about the project called Sanaya Astrio. Can you share some information of this project?
Good Morning Suresh, Sanaya Astrio by Sanya Realties Pvt. Ltd. strategically located near J.J Academy High School, Mulund West, Mumbai. It offers 2/3/4 BHK residential flats. 2BHK in 1224 sq-ft and price will be Rs. 1.77 onward, 3BHK in 1648 sq-ft. and price will be Rs. 2.38 cr. and 4BHK from 2664-2712 sq-ft. and price will be Rs. 3.85 cr to 3.92 cr. onward. It is a G+18 storeys apartment consists 42 units.
29th April 2015
Well Suresh, If you have planned to book, then one thing you must remember that you are going to invest your hard earned money, check and verify all the legal approvals better, if take the advice of a legal expert. Now-a-days they are quoting Rs. 14442/sq-ft. and it looks quite affordable because, the residential property rate in the locality is Rs. 15500/sq-ft. As per the information which i got from their executive, all the 2/3BHK have been sold out. But few builder flat might be available.
29th April 2015

Q: What is the current status of the project "Gurukrupa marina Enclave"? Has the construction work started?
My replies to this discussion
Hi Everybody, They are charging Rs. 10800/sq-ft for sea facing 3BHK and Rs. 10500/sq-ft for regular flat. There will be 9th nos. towers in Phase-1 and 8th nos. of towers in Phase-2. And if you go for PNB scheme, you have to pay only 10% +(stamp duty+VAT+Service Tax) and no Pre-EMI till possession.Hi Everybody, They are charging Rs. 10800/sq-ft for sea facing 3BHK and Rs. 10500/sq-ft for regular flat. There will be 9th nos. towers in Phase-1 and 8th nos. of towers in Phase-2. And if you go for PNB scheme, you have to pay only 10% +(stamp duty+VAT+Service Tax) and no Pre-EMI till possession.
@Vinay, They also have a 10:75:15 scheme with PNB for which the quoted rate is 10800/ps-ft. Their overall loading is also at 40% which i thought was too high. 1 BHK built up area is 750 sq-ft and compact 2 BHK area is 1015 sq-ft (carpet of 615 sq-ft). All in all the 1 BHK is coming to 1.09 cr and 2 BHK to 1.37 cr. @Vinay, They also have a 10:75:15 scheme with PNB for which the quoted rate is 10800/ps-ft. Their overall loading is also at 40% which i thought was too high. 1 BHK built up area is 750 sq-ft and compact 2 BHK area is 1015 sq-ft (carpet of 615 sq-ft). All in all the 1 BHK is coming to 1.09 cr and 2 BHK to 1.37 cr.
Q: What is the current residential property rate is going on in Andheri East?

My replies to this discussion
Hi, Are you planning to buy property in Andheri East, Mumbai. Here is the new project launched by MCA Construction named MCA Gopeshwar Apartment. To get more information of this project click the link MCA Gopeshwar Apartment, Andheri East, Mumbai Or, To get best deal list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile. Hi, Are you planning to buy property in Andheri East, Mumbai. Here is the new project launched by MCA Construction named MCA Gopeshwar Apartment. To get more information of this project click the link MCA Gopeshwar Apartment, Andheri East, Mumbai Or, To get best deal list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.
Q: What is the current price per square feet is quoted by the developer for 2 BHK?
My replies to this discussion
Hi Ketal, SD The Lumiere by SD Corporation Pvt. Ltd. offers 2BHK in 1273 sq-ft., price Rs. 2.35 crore onward and the price per square feet will be Rs. 18500.Hi Ketal, SD The Lumiere by SD Corporation Pvt. Ltd. offers 2BHK in 1273 sq-ft., price Rs. 2.35 crore onward and the price per square feet will be Rs. 18500.
My comments to replies
Hi Ketal, SD The Lumiere by SD Corporation Pvt. Ltd. offers 2BHK in 1273 sq-ft., price Rs. 2.35 crore onward and the price per square feet will be Rs. 18500.
Hi Sunil, SD The Lumiere by SD Corporation Pvt. Ltd. offers 2/3BHK residential flat in Andheri West , Mumbai. 2BHK in 1273 sq-ft, price Rs. 2.35 cr. onward and 3BHK in 1733 sq-ft, price Rs.3.20 crore onward. It is G+23 storey apartments consists 64 units. This project is under construction and the work is in full pace. They have just finished execution work and work on plinth is going on.
20th April 2015
Ur WC Sunil, Yes, there will be a 7 level automated car parking. Rs. 90/sq-ft. for floor rise charges as per their sales guy. They have subvention plan with HDFC in which you have to pay only 5% + (stamp duty + registration charges + VAT) and rest of the EMI upto 30 months paid by the developer. In normal plan you have to pay 20% of the total registration value.
20th April 2015

Q: Hi, i want to know the area size of 1BHK?
My replies to this discussion
Hi, To get more information of this project click the link Raheja Ridgewood, Goregaon East, Mumbai Or, To get best deal on the 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, To get more information of this project click the link Raheja Ridgewood, Goregaon East, Mumbai Or, To get best deal on the 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: We are trying to sell our flat in Khoperkharine, we have the sale agreement registered. Registeration of it done in Pune. OC from the builder, conveyance deed is in process but haven't registered it with CIDCO. the agent says it is necessary to register it with CIDCO.
My replies to this discussion
Yes, agent is right. This locality palnned and developed by CIDCO. So, it is necessary to register your property under CIDCO. without CIDCO Transfer, no bank will give you a loan except DHFL and GIC and other Co operative bank. If you dont need a loan, you can go for it. You will have to pay CIDCO transfer when the convyeance is done.Yes, agent is right. This locality palnned and developed by CIDCO. So, it is necessary to register your property under CIDCO. without CIDCO Transfer, no bank will give you a loan except DHFL and GIC and other Co operative bank. If you dont need a loan, you can go for it. You will have to pay CIDCO transfer when the convyeance is done.
My replies to this discussion
Hi Dinshaw, Can you tell me under which Zone or Ward or CTS no you locality comes so that i will give you the exact rate of that locality?Hi Dinshaw, Can you tell me under which Zone or Ward or CTS no you locality comes so that i will give you the exact rate of that locality?
My comments to replies
Hi Dinshaw, Can you tell me under which Zone or Ward or CTS no you locality comes so that i will give you the exact rate of that locality?
Hi Dinshaw, It is Rs.1220 per 10 sq-mtrs. near Azad Nagar Metro.
1st December 2015

My comments to replies
Hi Janet, Even me and my family palnning to buy flats in DB Realy's current project DB Orchid Heights in Mahalaxmi, Mumbai. But i heard a lot of bad reviews in several sites and news paper about this builder. After that we have changed our mind and looking for some other project in Mahalaxmi, Mumbai.
Hi Ashish, The same problem is faced across most of the under construction projects in Mumbai. Absence of Real Eatate Regulatory Bill and strict laws imposing delivery have left us at the mercy of such builders.
25th May 2015

Q: When is the project possession date?
My replies to this discussion
Hi, Are you looking for property in Malad East? Here are the best project called Maa Enrich by Maa Group. To get more details of this project click the link Maa Enrich, Malad East, Mumbai Or, To get best deal on it list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile. Hi, Are you looking for property in Malad East? Here are the best project called Maa Enrich by Maa Group. To get more details of this project click the link Maa Enrich, Malad East, Mumbai Or, To get best deal on it list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
My replies to this discussion
Hi, "C" wing's status remains the same for the past 3.5 years. No work at all. But their sales person is saying that they have started the work. Better you need to visit the site, and the reality shall be infront of you. I tried to call several times but there is hardly anyone provide me with any valid detail.Hi, "C" wing's status remains the same for the past 3.5 years. No work at all. But their sales person is saying that they have started the work. Better you need to visit the site, and the reality shall be infront of you. I tried to call several times but there is hardly anyone provide me with any valid detail.
My comments to replies
What is the solution? Sell / Hold
If you are getting good return then better to sale and invest in some good ready-to-move project. Currently, the residential property rate in the locality is Rs. 9800/sq-ft.
27th May 2015

Q: bought flat with 85% down when they said they will give possession in dec 2012 but now its may 2015 and they need more money in name of service tax inbtrest which they never told us before
My replies to this discussion
Hi Aquib, Before taking any legal action, check you agreement whether there is any clause mentioned for compensation on delay possession and secondly, interest on service tax. If it is mentioned then consult a good legal expert and follow what he says.Hi Aquib, Before taking any legal action, check you agreement whether there is any clause mentioned for compensation on delay possession and secondly, interest on service tax. If it is mentioned then consult a good legal expert and follow what he says.
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 replies to this discussion
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 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.
My comments to replies
Hi Chirag, They have started their journey in the field of Real Estate in 2007. Today, they are Mumbai's leading real estate development organization with high-end development is Gujarat and Maharashtra. Over the 8 years the organisation has recorded for itself an unique reputation for quality, efficiency, trust, thoughtful planning, top quality amenities, excellent designs, timely completion, guaranteed possessions and handing over of projects. Some of their completed projects are Iscon Mall, Surat, Iscon Prozon Maga Mall, Rajkot and Dreamland Apartments, Ambedkar Road. Their Ongoing projects are JP Decks in Goregaon, Chalet Amar in Juhu, Boulevard in Andheri East. Unity Towers in Worli and North in Mira Road (E).
True Jerome, I have made discussion with the developer and JP Deck is one of the best project in entire MMR. It is located at Gokuldham, Goregaon East. It offers 2/3/4/5 BHK premium apartment. 2BHK in 1290 sq-ft., 3BHK in 2120 sq-ft., 4BHK in 2580 sq-ft and 4BHK in 4240 sq-ft. It's current price will be Rs. 14000/sq-ft.
1st June 2015

Q: I checked all details. Master plan and legal approval details are not available. how safe is this project. What documents should we check before book the flat.
My comments to replies
Hi, When comparing property we usually look at location, price, connectivity and possession. No doubt these are the important parameters for short-listing. However, there are many more important things to check before you finalize a deal. These are land record, construction clearances, approved planning land use certificate, master plan of the area, no objection certificates.
You are right, But can you name any one builder who gave possession on time or furnish the right details on their site. It is real estate and until a very strong real estate clearing process, we common people will have to face such difficulties. So, my advice to all always go for a ready-to-move property. Here, risk are very less.
23rd June 2015

Hi Sandeep, Apart from that, there are an easy way to verify that the project has clean paperwork or not. Just ask for loan approval documents. If it has loan approvals from financial institutions. Banks have strict lending rules and do their necessary due diligence before clearing loan. If possible get professional help who specialize in property transactions and get all document verified.
Good Morning, Sometimes a project get delay due to legal approvals and we people doubt on builders credential. In India, a project need more than 22 approvals and you himself think about the government process. It is tiresome and developers have to wait a lot during those process.
23rd June 2015

Q: The Residex of National Housing Bank, which follow residential property prices across 26 cities, disclose that property prices have not appreciated as much over the past 7 years.
My replies to this discussion
Hey Guys, What were the prices of flats in Kalyan during 2008-09 compared to 2015?Hey Guys, What were the prices of flats in Kalyan during 2008-09 compared to 2015?
Q: Is there any 1RK available for sale in Solitaire Space? What is it's price? Any lead on it is highly appreciable.
My comments to replies
Hey Abhi, I heard that they are giving it's possession nearby Deepawali. Is it right? Which local body has approved this project?
Good evening Ravi, Yes, they are giving possession for Solitaire Space by October-November 2015. The whole area of Panvel comes under CIDCO. So, all the basic facilities infrastructure development such as roads, parks, schools, colleges, gardens, bus depo, water, electricity, entertainment facilities are being done by CIDCO. It is 5 kms from proposed Navi Mumbai International Airport and 1.5 kms from Panvel Railway Station.
8th June 2015

My comments to replies
Hi sandeep, The cost of 1BHK in 490 sq-ft will be Rs. 18.13 lacs and for 2BHK Rs. 27.19 lacs. Stamp Duty, Registration, Service Tax, VAT will be charged as applicable. Booking amount will be 20% of the registration value i.e. Rs. 362600 for 1BHK and Rs. 543900 for 2BHK.
As far as locality is concerned, Virar is one of the well-developed localities of north Mumbai. It is also a part of the Mumbai Metropolitan Region and Vasai-Virar Municipal Corporation in the Thane district. Once the proposed Virar-Alibaug corridor project is completed, this locality will connect to four major highways: NH-8 (Mumbai-Ahmedabad), NH-3 (Mumbai-Agra-Delhi), NH-4 (Mumbai-Chennai) and NH-17 (Goa-Mangalore-Kerala). Virar is divided in two parts, Virar East and Virar West. John XXIII Shastri Vidyalaya High School, Expert International high school, Utkarsha Vidyalaya are some well known schools and colleges. Hospitals offering good medical facilities in the area are Sanjivani Hospital, Ashwini Hospital, Joshi Children hospital, Sahayog Hospital and Dalvi Hospital.
23rd June 2015
Ur Wc Sandeep, The property price is quite affordable. It is near around Rs. 4500/sq-ft in Virar West and Rs. 4000/sq-ft in Virar East. Check all the legal approvals, connectivity, amenities and the civic facilities before investing. Locality is not a bad for residents. Buying decision will be yours. We can only guide you.
23rd June 2015

Q: Hi invested in this project 2 years back no communication from builder in terms of updates regarding project , very pathetic crms who have no clue about the project permissions etc people facing same problem let's get in touch , a lot of losses faced by all who have invested in this Chittaranjan 9819691265
My comments to replies
Invested in amstoria 3 years ago , no updates from them , let's fight out in consumer court the recent new law
Hello Dimple, May i know the complete name of the project and its developer? It is very difficult to search the project without developer. When i am searching about this project it is showing that project is located in Gurgaon.
26th June 2015

My replies to this discussion
Hi Shailesh, I had a word with the developer a week ago and they assured me that the possession will be on September'2017. Why are you not talking to the builder directly or visit the project site? In this way you find out the current status of the construction.Hi Shailesh, I had a word with the developer a week ago and they assured me that the possession will be on September'2017. Why are you not talking to the builder directly or visit the project site? In this way you find out the current status of the construction.
Q: Which are the major checklist before taking possession of a new apartment/flat?
My comments to replies
Now-a-days buying a home is the absolute dream of most of the people since ancient time as it gives a secured feeling to an individual. But you all know the satisfaction that the buyers gets while taking possession of his home is simply unexplainable. There are certain things which buyers should know before taking buying decisions. These documents are for New/Under construction properties :- Encumbrance certificate, Commencement Certificate, No Objection Certificate, Completion Certificate, Occupancy Certificate, Khata, Joint development agreement (if any), General Power of attorney (GPA), Building plan approvals, Allotment letter, Tri partite agreement (if any).
Hey Folks, Can you tell me which are the that one should check within the project/unit?
19th August 2015

Q: Is there a chance that the prices will come down in the near future?

My replies to this discussion
Hello Khushisha, The prices will not fall at least in the near future. if you have seen the proposed payment in the DCR 2034 to the BMC, you would see that TDR payment has gone up for builders. Previously it was based on the RR rate of 2008. Now the govt. has announced it should be 60% of RR 2015. This itself increased the project cost by crores. Now according to 2034 DCR, the rates are to be 70-100% of RR of the present year. This will lead the developers to increase the flat cost.Hello Khushisha, The prices will not fall at least in the near future. if you have seen the proposed payment in the DCR 2034 to the BMC, you would see that TDR payment has gone up for builders. Previously it was based on the RR rate of 2008. Now the govt. has announced it should be 60% of RR 2015. This itself increased the project cost by crores. Now according to 2034 DCR, the rates are to be 70-100% of RR of the present year. This will lead the developers to increase the flat cost.
Q: I am sure that people of Mumbai will love this fall. And it is happening. The average cost of a flat in Mumbai is getting down.
My comments to replies
I agree with the Ujwal's point of view.......to increase sales, developers have no choice than to cut property rates. We have seen that in most of the under construction projects, builders are keeping low prices. Year-to-year, prices have come down almost by 0.95% and 3.23% in MMR region and Mumbai, respectively. The quarter-to-quarter fall is 0.99% in MMR and 1.51% in Mumbai.
Right Varun, The average flat rate per sq-ft has also decreased. In 2014, it was Rs 13020/sq-ft in MMR. It is Rs 12896 in now. In Mumbai, it has dropped from 20125/sq-ft in 2014 to Rs 19681 in 2015.
24th August 2015

Q: The Real Estate Monthly Tracker highlights the key trends witnessed in the residential real estate market during the period July-August, 2015.

My comments to replies
Good evening Puneet!!!! To boost the road connectivity, center is planning to convert Nagpur-Mumbai Highways into World Class Expressways. As per MMRDA officials, Mumbai Monorail Project Ph-2 is expected to open for public in May,2016. In Road Upgradation, NHAI is waiting approval from its head office for building a couple of underpasses near K K Wagh College and Rasbihari School to decongest the traffic on the Mumbai-Agra Highway.
I heard that to increase its borrowing limit by Rs. 16000 crore, Mumbai based IRB Infrastructure developers intend to form an Infrastructure Investment Trust under the Securities and Exchange Board of India Regulation,2014. In major deals, Ashapura Developers have raised Rs.100 crore from Xander Finance for slum redevelopment project in Mumbai's Ghatkopar area.
4th September 2015

My comments to replies
Hey Kim, Before taking any legal action, check your agreement paper. If there is a clause for compensation on delay then proceed. There are very few clause which favor buyers. Better, take the advice of a legal expert.
I think Arup is right!!!! Did you talk with the builder? Write a mail to him or visit his office before taking any legal action. Try to find out the reason of delay. If you are not getting the proper reply tell them that you are going to take legal action.
9th 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 comments to replies
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 Vinay, As per data received by commonfloor indicates that Shahapur-2100/sq-ft., Worli-25500/sq-ft., Mumbai Central-40000/sq-ft, Badlapur East-2800/sq-ft., Kharghar-11250/sq-ft., Taloja-4400/sq-ft. are the most active micro markets in MMR. About Shahapur:- The locality comes under no chemical industry zone and strategically located in the periphery of Kalyan. Because of affordable property price, people are moving towards this locality.
29th September 2015

Thanks Kishore, Is there any infrastructure upgrade in MMR? Kindly update it.
Yes, Mumbai Metropolitan Region Development Authority (MMRDA) plans to smoothen commute to BKC through an investment of Rs. 740 crore. This project will include 3-roads: a 1.9 km elevated road from Vakola junction on the western express highway (WEH) to BKC, a dual flyover including a 3.5 km extension of SCLR from Kurla to Vakola on WEH and a 1.1 km arm of extension from CST Road to BKC.
29th September 2015

Q: project in vichumbe navi Mumbai

My comments to replies
Hi, Vichumbe locality comes under Panvel East. Panvel East is strategically located on the Mumbai-Pune business corridor. Residents in Panvel-East have easy accessibility to Panvel railway station, Mumbai - Pune Expressway & will soon have an international airport in the vicinity.
You are right Vineet, It is well connected by trains, buses and public transports. Transport facility is also good in this locality. School, bank, ATM and hospital are available nearby the locality. This locality Comes under CIDCO where some basic infrastrcture is being done. Buying a property here will be a good decision. Upcoming Navi Mumbai International Airport is increase the price as well as the demand of the locality.
7th October 2015

Q: Crisil Ratings told in a report that about 5100 km of under construction highway projects worth Rs. 67200 crore are under high risk.

My comments to replies
Right Abhishek, Apart from this, 2400 km operational BOT projects worth Rs 25800 crore are at high risk mainly due to weak financial profile of sponsors and inability to service debt. Around 7500 km of highway projects, including 5100 km under construction and 2400 km operational, awarded mostly between fiscals 2010 and 2012 on a build, operate, transfer basis are at high risk today.
It is expected that 50% of the projects under construction are at a high risk and the reason are significant over cost and weak resources of sponsors.
7th October 2015

@kishore, Operational highway projects have been facing cash flow mismatches in the past few years because of lower than estimated traffic volume, and interest rates that were on the increase till 2014.
As the interest rates on decline, pressure will get a comfort, but debt service coverage ratios will remain less than one, over the next 2 yrs. As a result, timely support from sponsors to bridge cash flow mismatches will be critical because debt in these projects is without alternative to the sponsor.
7th October 2015

Q: MMR witnessed the new launch supply of about 44% in the luxury segment in Q3 2015 as against 25% in Q2 2015.
My comments to replies
Hey Anirudh, Which localities are the top markets for units supply and rental availability in MMR in July-Sept. 2015? Any idea???
@Diwakar, Mira Road, Ghodbunder Road, Balcum, Taloja and Kharghar are the top markets for units supply whereas Goregaon East, Andheri East, Powai, Chembur and Kharghar are the top markets for rental availability.
7th October 2015

Q: Any updates on project approval in Gauri Excellency????

My comments to replies
Hi Mahendra, As per the developer IOD is in place but they are waiting for the Commencement Certificate. It will take another 2 months to obtain the CC. AS far as bank loan is concerned, all the leading banks and financial institution are offering loan for this project.
Hi Roshini, Gauri Excellency is a luxurious residential development by Gauri Builders & Developers. It is strategically located at Babharekar Nagar, near Hindustan Naka, opposite of JMD Skoda Service Center, Kandivali West, Mumbai. It offers 1/2 BHK residential flats. 1BHK in 765 sq-ft. (Salable area) whereas the 2BHK in 1230 sq-ft.(salable area). It is G+30 storey apartments consists 2-wings.
9th October 2015

Q: i have applied for loan to icici all my documents are clear and now at a time of disbusment they r asking for cidco noc which i dont have is there any other alternative for this please tell me.and can i apply now and our property is a developing plot so please guide me for this.Thanking u

My replies to this discussion
Yes, and if you will visit CBD Belapur Office you will find many agents doing it for fees & if you want to do it on your own visit CIDCO Office on working day after 1-2 p.m. (visitors allowed timing) & visit the information counter there and submit the required documents for getting NOC from Cidco.Yes, and if you will visit CBD Belapur Office you will find many agents doing it for fees & if you want to do it on your own visit CIDCO Office on working day after 1-2 p.m. (visitors allowed timing) & visit the information counter there and submit the required documents for getting NOC from Cidco.
Q: The Cabinet Committee of Economic Affairs decided to extend a one-time order for funds infusion by NHAI into such under-construction build, operate and transfer or BOT (toll) highway projects announced earlier to stranded BOT (annuity) projects also.
My replies to this discussion
Hi everybdy, The government has also launched an advance hybrid annuity structure, under which NHAI will fund 40% of the project costs, reducing the developers' risks further. With 11500 km of highway projects awarded since the start of last financial year, construction, which has picked up of late, is bound to speed up in the coming months.Hi everybdy, The government has also launched an advance hybrid annuity structure, under which NHAI will fund 40% of the project costs, reducing the developers' risks further. With 11500 km of highway projects awarded since the start of last financial year, construction, which has picked up of late, is bound to speed up in the coming months.
Q: Hi, Has Ariisto Sommet launched? Can anybody provide me info on it?
My replies to this discussion
Hi Abhishek, Yes, the project is still in pre-launch phase. They have applied for IOD and Commencement Certificate. Once they will get these two approvals, construction work will start. There is a pre-launch offer for booking 3BHK Elite at just Rs. 27 lacs, 3BHK Eminent at 30 lacs and 4BHK Exquisite at Rs.51 lacs. Government charges and pay rest on Fit-out.Hi Abhishek, Yes, the project is still in pre-launch phase. They have applied for IOD and Commencement Certificate. Once they will get these two approvals, construction work will start. There is a pre-launch offer for booking 3BHK Elite at just Rs. 27 lacs, 3BHK Eminent at 30 lacs and 4BHK Exquisite at Rs.51 lacs. Government charges and pay rest on Fit-out.
My comments to replies
Hi Kishore, What will be the cost of Car parking and Floor rise? I hear that if i booked in Pre-launch period then i have to book with Rs.30 lacsl+Stamp Duty+Registration Charges+VAT and Service Tax.
Hi Deepankar, They are charging Rs.10 lacs for car parking and Rs. 100/sq-ft for floor rise above 8th floor. Yes, you can book by paying 30 lacs as booking amount and pay rest on fit-out.
19th October 2015
Well Deepankar, Ariisto Sommet by Ariisto Realtors is an excellent and magnificent 7 stars residential tower, offers 3/4 BHK residential flats 2190-4170 sq-ft. and its basic sales price will be 16000/sq-ft. It is G+50 storeys apartments with 5 level car parking and 3 levels basic amenities. Residential floor starts from 9th floor.
19th October 2015

Hi everybody, I just want to get little information of this project. As my friend who lives in San Francisco, US, asked me to find out the legality of this project. I mean which banks and local body has approved this project?
Hello Jackie, As this project is in Pre-launch phase, they have applied for IOD and CC. This project comes under BMC and once they get these approvals, construction work will start. They have also applied for the bank approvals.
20th October 2015

Q: Hi, Does anyone know when will be approval be received for Tower 4 beyond 16th Floor. The construction activity is stopped since 4 months now. Regards,

My replies to this discussion
Hi, They don't have height approvals for Tower-4 beyond 16th floor. Construction is not happening on the site. I try to call multiple time but there office phones are temporarily out of service.Hi, They don't have height approvals for Tower-4 beyond 16th floor. Construction is not happening on the site. I try to call multiple time but there office phones are temporarily out of service.
Q: Tata Housing has sold 250 flats in Goa on 5-acres project. It is expected that flats worth Rs 100 crore.

My replies to this discussion
And the company has 70 million sq-ft under various stages of planning and execution and an additional 19 million sq-ft in the pipeline.And the company has 70 million sq-ft under various stages of planning and execution and an additional 19 million sq-ft in the pipeline.
Q: A bench of Justice passed the orders on two applications made this August by the Hiranandani group companies for permission to register the agreements under the Maharashtra Ownership of Flats Act and sell unsold houses.

My comments to replies
But it came to know that in 1986 tripartite agreement made between the developer, MMRDA and the state government, which had given him the land to construct but required small flats for middle-income families to be constructed on the Powai plot. As per the court, It was not meant to be a liberality to the company.
Yes, but again in February 2012, the High Court had blocked all further construction, except for building of 3000 small-sized flats as required under the deal. The PIL petitioner, Rajendra Thacker, and MMRDA strongly against the developer's applications. The developer told that he had begun construction of 7-buildings for these small-sized flats, but the HC found that not a single small flat was completed.
30th October 2015

Q: Adding another step to the lengthy green clearance chain, a new watchdog has been introduced to control the the impact of environmental damage to be caused by any project.
My replies to this discussion
Good Morning Amreesh, The National Green Tribunal was established in 2010 for expeditious disposal of cases relating to environmental protection and conservation of forests. It can penalize, order status and restoration of damaged environment. MoEF proposes and adjudicating authority to determine if violation is minor, non-substantial or substantial. It also proposes, draft bill not clear on what basis the distinction can be made. Good Morning Amreesh, The National Green Tribunal was established in 2010 for expeditious disposal of cases relating to environmental protection and conservation of forests. It can penalize, order status and restoration of damaged environment. MoEF proposes and adjudicating authority to determine if violation is minor, non-substantial or substantial. It also proposes, draft bill not clear on what basis the distinction can be made.
Q: I want to buy a home in Shilphata a 1 BHK, can any one suggests me some good properties. I have checked out many but still in confusion. My first priority would be security and society as I am out of town 30 40 % of my office time. I am looking for 2016 end or 2017 start as possession. Can any one advise me there is lots of negotiations going what will be best rate I could go for. my budget is strict so need to final one.

My replies to this discussion
Hi Anuj, Shilphata has a huge potential in terms of real estate growth, primarily due to its strategic location and good road connectivity. With proper development, it may become the next Ghodbunder Road and Mira Road. The approximate property values in the area are in the range of Rs 4800-6000/sq. ft. If the infrastructure is developed properly, the locality's real estate will gain a big boost.Hi Anuj, Shilphata has a huge potential in terms of real estate growth, primarily due to its strategic location and good road connectivity. With proper development, it may become the next Ghodbunder Road and Mira Road. The approximate property values in the area are in the range of Rs 4800-6000/sq. ft. If the infrastructure is developed properly, the locality's real estate will gain a big boost.
Q: The Bombay high court on Thursday directed the Mumbai International Airport Limited and Airports Authority of India to place before it the new rules that came into effect from October this year.

My replies to this discussion
Hi all. I am not getting you all. What is this means? Can you describe little bit more so that it will help me while go for property buying near airport?Hi all. I am not getting you all. What is this means? Can you describe little bit more so that it will help me while go for property buying near airport?
Q: Housing prices have fallen by an average 15-20% across the country in last 18 months.

My replies to this discussion
May be property prices have fallen but at the same time, housing sales have improved by 15% during the festive season helped by fall in price and lower interest rate on home loans, still about 25-30% of the total units launched are unsold.May be property prices have fallen but at the same time, housing sales have improved by 15% during the festive season helped by fall in price and lower interest rate on home loans, still about 25-30% of the total units launched are unsold.
My comments to replies
Several measures are about to take in order to boost the growth of the sluggish real estate sector, the association demanded that the central and state governments justify tax structure on the property sector and adopt single-window approval for projects.
@Apurva, Listing out industry's demand on tax-structure, CREDAI told the contractors that they should be responsible for non- payments of PF/ESI to labourers instead of developers as the principal employers. They have been raided by the officials of provident fund department. If contractors do not pay, they are held responsible. Now, it is not so easy for the builders for any deficiency in service.
10th December 2015

Q: The company has sold 4-acre land parcel to DK Realtor, a subsidiary of Dheeraj Realty.

My comments to replies
But i heard that Dheeraj Realty has already launched a residential project on this plot. Are they talking about the same project?
No, DK Realtors has launched a residential project on 4-acres of land which RCOM has sold them earlier. As per the Dheeraj Realty project is estimated to have total 8 lakh sq-ft saleable area.
22nd December 2015

Q: Whether the project is approved?. and best price at which i should purchase

My replies to this discussion
Hi, Ulwe has become one of the most prominent nodes in Navi Mumbai developed by CIDCO. Its easy connectivity to the nearby places via Road and Railways is the prime reason why people opt this place for property investment. This area is situated along the South Western water front of the CBD of Navi Mumbai and extends down towards the JNPT port in the South. It is also strategically situated across the Panvel Creek and is in visual contact with CBD at Belapur & Seawoods Nerul.Hi, Ulwe has become one of the most prominent nodes in Navi Mumbai developed by CIDCO. Its easy connectivity to the nearby places via Road and Railways is the prime reason why people opt this place for property investment. This area is situated along the South Western water front of the CBD of Navi Mumbai and extends down towards the JNPT port in the South. It is also strategically situated across the Panvel Creek and is in visual contact with CBD at Belapur & Seawoods Nerul.
My comments to replies
Hi, Ulwe has become one of the most prominent nodes in Navi Mumbai developed by CIDCO. Its easy connectivity to the nearby places via Road and Railways is the prime reason why people opt this place for property investment. This area is situated along the South Western water front of the CBD of Navi Mumbai and extends down towards the JNPT port in the South. It is also strategically situated across the Panvel Creek and is in visual contact with CBD at Belapur & Seawoods Nerul.
@Amit, As far as transportation is concerned, the main modes of transport in the locality are buses and auto-rickshaws but there are very few of them. The Navi Mumbai Municipal Transport (NMMT) runs bus services from Vashi, Nerul, Kharghar, Uran and Belapur to Ulwe. A railway station being built nearby called the Bamandongri Railway Station.
28th December 2015

Q: With a multi-year slowdown continuing in 2015 in spite of huge supply and fall in prices, the real estate market is hopelessly looking for a recovery in the New Year.

My comments to replies
Hi, New launches homes reduced huge this year, still over 6 lakh housing units remain unsold in 8-big cities. Developers tried their best to boost sales by offering apartments, on both offline and online platforms, at discount laced with freebies and easier payment plans, but potential buyers chose to wait for further correction in housing prices.
Yes, with banks passing on the interest rate cuts in the form of reduction in home loan rates, we are already seeing signs of buyers coming back to the sector. As the impact of these measures unfolds, we expect buyers to make a comeback to the property market in 2016.
31st December 2015

Q: Mumbai Railway Vikas Corporation (MRVC) will reassess its detail project report for the CST-Panvel high-speed rail corridor, planning the route along Palm Beach Road in Navi Mumbai, right up to the proposed airport.

My replies to this discussion
Actually, this project is easier to execute because private land does not have to be acquired at all on the entire 49km long stretch. The corridor will be elevated up to Kurla and will run at ground level from Mankhurd onwards.Actually, this project is easier to execute because private land does not have to be acquired at all on the entire 49km long stretch. The corridor will be elevated up to Kurla and will run at ground level from Mankhurd onwards.
Q: Hi, What are checklist to buy under construction home from a builder and how whole process is done considering: 1. i'm first time buyer :) (so a bit nervous) 2. Builder is new builder and has completed 1 project on time with good construction quality and 2 ongoing projects. 3. Possession is on Dec' 17. 4. 2 lacs token amount 5. 20% down payment - 80% loan
My comments to replies
Thanks everyone for your valualble comments.
Apart from due diligence, there are some more points which one should consider while buying property. Check the connectivity, neighborhood issue, water and electricity condition in the locality, basic amenities such as Veggie Market, School/Colleges, Bank/ATMs, Hopital and Bus/railway Station from the project site. This will help you a lot in your daily life needs.
16th February 2016

Q: Hi, I need help of you guys again :) I'm looking to get an home loan and finalized 2 banks and not sure which bank to go with, considering both banks fullfill my requurements and property is only approved by HDFC and not SBI. Considering this, what you guys suggest HDFC or SBI?
My replies to this discussion
Hi Abhijit, HDFC Ltd. is a NBFC in field of housing finance. Housing Finance companies are regulated from National Housing Bank & Reserve Bank Of India. On the other hand, SBI is mainframe bank serving all types of retail and corporate account, Here i mean to show you that HDFC is delicately dealing in home loan. On the other hand SBI is dealing with everything in financial sector. Can you expect superior service for home loan from staff of bank which is already burdened with many products? On the other hand, HDFC is dedicated o one business. To be leader and stay competitive they adopts superior process and provide good service.Hi Abhijit, HDFC Ltd. is a NBFC in field of housing finance. Housing Finance companies are regulated from National Housing Bank & Reserve Bank Of India. On the other hand, SBI is mainframe bank serving all types of retail and corporate account, Here i mean to show you that HDFC is delicately dealing in home loan. On the other hand SBI is dealing with everything in financial sector. Can you expect superior service for home loan from staff of bank which is already burdened with many products? On the other hand, HDFC is dedicated o one business. To be leader and stay competitive they adopts superior process and provide good service.
My comments to replies
Kishore is correct. HDFC is leader in Home Loan services, SBI too is improving it. But at the end, I will only say that do all necessary homework and choose a home loan whose deal best suited to you. Private banks are very fast and friendly at the time of disbursing the home loan, they will treat you like a king up-till the loan is disbursed, but once every formality is complete and your home loan is sanctioned, you are a trash to them! As they are extremely agressive in marketing of home loans, a lot of people fall for it, Private companies presentation and they way they approach you is good but only till you are not a home loan customer. A lot of times private companies make things easy for you and also bend some rules for home loans. the number of documents they need also is less compared to a PSU bank.
Right Ashish, On the other hand, PSU banks are not that great at the start of home loan, their rules are very strict and tough and they still operate in the ''sarkari'' style, however once you loan process is complete and things start, there after life is much easier compared to private banks. The overall handling is much professional and as per the process. In short they don't suck your blood every now and then as private companies do.kishore
8th February 2016

Q: What are the permissions applicable to the Project? Which are ones that are received and which are the ones that are not received?

My replies to this discussion
Hi, Does anyone have an idea when is the expected delivery of the phase 1? I remember going there almost 2 months back and the entry arch etc was built and ready. Any news?Hi, Does anyone have an idea when is the expected delivery of the phase 1? I remember going there almost 2 months back and the entry arch etc was built and ready. Any news?
Q: Please tell me the documents to check while buying under construcion bunglow.I have already paid token amount.
My replies to this discussion
Hi, Hope this list of necessary documents will help you in buying your property. For a under construction property, one should ask :- Mother Deed/Sale Deed, Encumberance Certificate, Loan approvals, Authority approvals, IOD & CC, Master plan approval, Building approvals, Land approvals, Bank approvals, Environmental approvals, Airport Authority approvals, Floor Plans, Khata Documents ( NA/Non-NA), Land, Conversion Charges, DC Conversion Charges(if land is agricultural), Floor rise charges, Lease Hold Certificate, Stamp Duty & Registration and Society clearance and membership.Hi, Hope this list of necessary documents will help you in buying your property. For a under construction property, one should ask :- Mother Deed/Sale Deed, Encumberance Certificate, Loan approvals, Authority approvals, IOD & CC, Master plan approval, Building approvals, Land approvals, Bank approvals, Environmental approvals, Airport Authority approvals, Floor Plans, Khata Documents ( NA/Non-NA), Land, Conversion Charges, DC Conversion Charges(if land is agricultural), Floor rise charges, Lease Hold Certificate, Stamp Duty & Registration and Society clearance and membership.
Q: I have heared that society is facing extreme water issues. Very odd to know that tenants are treated very differently there. lastest one they hired a lawn tennis coach who charge more from tenant so that lower down the burden of owners. What a shit if this is true. any one please confirm

My comments to replies
Yes these are the dirty things happenning here, But how do you come to know it so quickly as i been statying there even came to know this last night. If you know some one in society, please speak to him/her before taking decision of shifting here.
Hi Amrish, Did you talk to the builder? What is he saying? Call a association meeting and raised your voice. Informed every member of the society sending them mail and know their decision.
4th April 2016

Q: Want to buy a 2BHK from shree hari residency in shilphata ,Thane Location.Can any one advice me this property is authentic or not. Deleloper:-Shree Odhav developers
My replies to this discussion
Hi Kajal, I can only suggest you that these days there are lot's of fraud cases are happening in real estate market and specially in Mumbai. Sometime builders change the floor plan without taking buyers into knowledge, some time they don't offer the said promises, almost all the project in Mumbai are getting delay by 2-3 yrs. So, before investing in any project do all due diligence.Hi Kajal, I can only suggest you that these days there are lot's of fraud cases are happening in real estate market and specially in Mumbai. Sometime builders change the floor plan without taking buyers into knowledge, some time they don't offer the said promises, almost all the project in Mumbai are getting delay by 2-3 yrs. So, before investing in any project do all due diligence.
Q: How is the property markets in Delhi/NCR? Has there any sales volumes seen in Bengaluru and Pune.
My replies to this discussion
Hi friends!!!! And this is the only reason of falling of BSE Realty Index by 0.51%. India’s top two developers, DLF Ltd and Oberoi Realty Ltd, are expected to post lower sales and profits for the quarter ended March, due to the lack of new launches and limited revenue collection from projects.Hi friends!!!! And this is the only reason of falling of BSE Realty Index by 0.51%. India’s top two developers, DLF Ltd and Oberoi Realty Ltd, are expected to post lower sales and profits for the quarter ended March, due to the lack of new launches and limited revenue collection from projects.
Q: How is Ambernath now a days for residential investment ?and which is most prefer zone east or west?
My replies to this discussion
Hi folks, If we talk about its connectivity then i would must like to mention some points here that Ambernath West is well linked to other parts of Mumbai via road, rail and public transport. The Nath Railway Station is 2.5 kms and the Kalyan Railway Station is 10.1 kms away via the Kalyan-Badlapur Road. The International Airport is located at a distance of 53.3 kms from Ambernath East via the Eastern Highway.Hi folks, If we talk about its connectivity then i would must like to mention some points here that Ambernath West is well linked to other parts of Mumbai via road, rail and public transport. The Nath Railway Station is 2.5 kms and the Kalyan Railway Station is 10.1 kms away via the Kalyan-Badlapur Road. The International Airport is located at a distance of 53.3 kms from Ambernath East via the Eastern Highway.
My comments to replies
Hi folks, If we talk about its connectivity then i would must like to mention some points here that Ambernath West is well linked to other parts of Mumbai via road, rail and public transport. The Nath Railway Station is 2.5 kms and the Kalyan Railway Station is 10.1 kms away via the Kalyan-Badlapur Road. The International Airport is located at a distance of 53.3 kms from Ambernath East via the Eastern Highway.
Hi Mani, The demand for residential properties in Ambernath West is increasing rapidly due to the presence of many important industries. Leading developers working in this locality are Parshwanath Realty, Satyam Group, Panvelkar Group, Kohinoor Group, Group, Tulsi Estates and Group. Some of the ongoing projects in Ambernath West are Landscape Heights by Parshwanath Realty, Sanidhya by Tulsi Estates, Shivshakti by Group, sidency by Satyam Group and Gardens by Karrm Infrastructure. The average apartment price in Ambernath West is Rs. 3100/sq-ft., with the minimum and maximum apartment price being Rs. 2900/sq-ft. and Rs. 3700/sq-ft., respectively.
26th May 2016

My replies to this discussion
Hi Arpit, IT sector is responsible for flow of real estate activity in Pune. home buyers are looking at Baner, Hadapsar, Hinjewadi, Kharadi, Wagholi and Wakad to invest in residential properties in Pune. These localities have the highest number of residential real estate projects in the city. At the same time, these localities are also showing the highest supply of residential apartments and plots in Pune.Hi Arpit, IT sector is responsible for flow of real estate activity in Pune. home buyers are looking at Baner, Hadapsar, Hinjewadi, Kharadi, Wagholi and Wakad to invest in residential properties in Pune. These localities have the highest number of residential real estate projects in the city. At the same time, these localities are also showing the highest supply of residential apartments and plots in Pune.
Q: Karia Developers is one of the leading real estate developers and builders in Pune offering residential and commercial properties in Pune at affordable prices with safe and secure deals. Invest in a right property.
My comments to replies
Hi, As per my knowledge, New Airport Road in Viman Nagar is identified as a potential location with an expected price appreciation of 62-65%, while Vishrantwadi is to witness a 55% growth appreciation. But at the same time, Wakad is the closest locality to Hinjewadi IT Hub. Being the Entry point of Pune, Wakad has witnessed improvement in infrastructure and basic facilities which has attracted investors to the area.
I agree with you Bhaskar but at the same time we can not ignore SUS in Pune. In terms of investment currently the best locality in Pune is Sus. on Bangalore-Mumbai highway, Sus places you in right in the midst of all the happening localities like Baner, Pashan, Aundh and Hinjewadi. All the IT Parks, commerce-zones, malls and multiplexes are based in based in the close radius of Sus. And above all the rates here are far lesser than other localities which makes it an excellent investment destination.
8th July 2016

Q: at the time of of booking company sale person told me that company have a scheme name subvention in this scheme company can pay all bank interest of bank loan till possession . at the time of agreement possession date is December bt project is delay . now company tell me that company pay only interest till December because he already mention in tripartite agreement that assume possession date is December . sir what kind of legal option i have now ? i have also a hand written document of company employ which show that emi start after possession. kindly guide

My replies to this discussion
Yes, you are right Abhishek. Builder is trying to cheat him. A subvention scheme in which the homebuyer pays 10-20% of the price of the apartment at the time of purchase. The balance is paid by a bank to the developer as a loan under a three-way agreement between the developer, the buyer and the bank. While the project is under construction, the developer pays the interest on the loan to the bank. The bank disburses money to the developer as construction progresses. The buyer's EMIs begin only after he gets possession. So, i will only suggest you that plz. don't pay any interest to bank or the builder.Yes, you are right Abhishek. Builder is trying to cheat him. A subvention scheme in which the homebuyer pays 10-20% of the price of the apartment at the time of purchase. The balance is paid by a bank to the developer as a loan under a three-way agreement between the developer, the buyer and the bank. While the project is under construction, the developer pays the interest on the loan to the bank. The bank disburses money to the developer as construction progresses. The buyer's EMIs begin only after he gets possession. So, i will only suggest you that plz. don't pay any interest to bank or the builder.
Q: I have a plot in Eiffel Olympia , Pune. As per agreement the plot is classified as Commercial NA. Can I build a home for residential purpose legally ? If Not what would it take for me to build a home legally
My comments to replies
Hi, Yes you can use. But you need to discuss with local authorities town Panchayat or Panchayat or Municipality or corporation people. Check how your neighbour has converted the land usage. Get a lawyer's opinion and proceed. Also, you need take proper clearances from the municipality, so as to make sure you are allowed to build residential house in that area, in order to avoid any issues in future.
Hi Abhishek, It can be converted but only if you are able to convince the revenue department that the said piece of land is no more usable and cultivation process could not be carried out for ever, the change in the classification would be permitted. For that you have to visit your District collector’s office for approval process and the expenses will occur.
25th July 2016

My replies to this discussion
Hi Aishwarya!! Cancellation can actually be a tedious process. The fact is that the real estate sector is not known for its transparency. It doesn't follow best practices in its dealings, in reporting results and, certainly not when it comes to giving refunds. they discourage cancellations, but if buyers insist, they refund the money after deducting 10-15% of the total value of the apartment. What is worrying for buyers is that there is no norm that the builders are required to follow while cancelling bookings. So, i would suggest you to stay invested for some time and see the progress of the construction work.Hi Aishwarya!! Cancellation can actually be a tedious process. The fact is that the real estate sector is not known for its transparency. It doesn't follow best practices in its dealings, in reporting results and, certainly not when it comes to giving refunds. they discourage cancellations, but if buyers insist, they refund the money after deducting 10-15% of the total value of the apartment. What is worrying for buyers is that there is no norm that the builders are required to follow while cancelling bookings. So, i would suggest you to stay invested for some time and see the progress of the construction work.
Q: Do I have to pay for both car parking and two wheeler parking? Or two wheeler parking is free and I have to pay only for car parking?

My replies to this discussion
Hi Sneha! If you have booked a four wheeler parking then you don't have to pay for the two wheeler parking. You can park your two wheeler along with the four wheeler. Bcz builder has allotted you a car parking space. Even i have both car and bike and i am doing the same and builder and society members have no issue.Hi Sneha! If you have booked a four wheeler parking then you don't have to pay for the two wheeler parking. You can park your two wheeler along with the four wheeler. Bcz builder has allotted you a car parking space. Even i have both car and bike and i am doing the same and builder and society members have no issue.
Q: Puravankara Established in 1975, Puravankara Projects Ltd. is a leading real estate company in India involved in the development of both residential and commercial properties. CEO of company Jackbastian K. Nazareth. One of the best property services which is a wholly owned subsidiary of Puravankara that offers affordable housing solutions to buyers. To know more information visit us: http://www.puravankaramulund.newprojectlaunch.in/

My comments to replies
Hi, Puravankara Mulund is an upcoming project at Mulund in Mumbbai. It is a superb project as residency purpose for people who want to take house in Mumbai at Mulund. This apartment is prepared under the great idea and guidance of the experts. Builder has given every facility that is need of people such as ample space in the apartment, big lawn, and lobby etc. you can play your entertaining games in the space provided by the owner. Here you will find your dream home in the form of 2 BHK, 2.5 BHK and 3 BHK flats in affordable price. Builder has not yet disclose the flat size and its price.
Hi Miraniyatin!! How is the locality of Mulund? Is there any growth opportunities can see in the future? How far is the daily basic amenities from the project site? What will be the cost of a 1BHK apartment in Mumlund? What is the current property rate is going on in the locality?
11th November 2016

@Kishore, Mulund is the best location as residency conveniences for people and their family for stay long times in future. This locality is famous for its social amenities such as banking, traveling, gathering occasion etc, construction development, industrial hub etc. There are number 0f industrial projects have to come in future upcoming five year so that many of jobs opportunities will come for youth and for every age people. You would be go anywhere by the superb connectivity to the city through highway, expressway and bus networks. In Mulund West and East, 1BHK apartments of 250-650 sq-ft. are available between Rs35 - Rs65 lakhs at Rs10500 - Rs16800/ sq-ft. New developments which will be ready by 2018-19 are available in these ranges. Some Cooperative Societies which are Ready-to-move-in cost up to Rs16800/sq-ft. You can consider buying now as I don't think prices will come down further.
Thanks for the detailed answer Ashish, How is the developer Purvankara Projects Ltd.? How is the builders track record in the MMR? Can i get some past records of this developer?
11th November 2016

Q: Can a agricultural land buy a group of 70 persons for residential purpose

My replies to this discussion
Hi Sunil!! No, they can't. Only a farmer can buy land in Maharashtra. If you are a farmer you can buy. But for bonafide industrial use, you can buy up to 25 acres with the permission of collector.Hi Sunil!! No, they can't. Only a farmer can buy land in Maharashtra. If you are a farmer you can buy. But for bonafide industrial use, you can buy up to 25 acres with the permission of collector.
Q: The transfer of shares of the cooperative housing society and registration of flat need to be done in wife's name since the original purchaser is now dead.

My replies to this discussion
You have to proof that the power of attorney belongs to the deceased person or dead person. For that you have to get the death certificate along with the power of attorney in front of the registrar to get the registration process.You have to proof that the power of attorney belongs to the deceased person or dead person. For that you have to get the death certificate along with the power of attorney in front of the registrar to get the registration process.
Q: Still no demand letter. What is happening on the site any idea?

My replies to this discussion
Hi Sankalp!! Yes, no demand for Wing-B yet. I recently visited the site. Previously, there were three basement parking but now there is a four levels of basement parking which is indeed good for all of us. Wing-A has completed its plinth level, Wing-B has completed it's plinth level, Wing-C and Wing-D will also has also been constructed till its second basement. I assume that by mid or by end of February B to D wing will also complete its construction till plinth level. The construction work is in progress so there is nothing to get worried.Hi Sankalp!! Yes, no demand for Wing-B yet. I recently visited the site. Previously, there were three basement parking but now there is a four levels of basement parking which is indeed good for all of us. Wing-A has completed its plinth level, Wing-B has completed it's plinth level, Wing-C and Wing-D will also has also been constructed till its second basement. I assume that by mid or by end of February B to D wing will also complete its construction till plinth level. The construction work is in progress so there is nothing to get worried.
My comments to replies
I agree with you Ramesk and thanks both of you for the current updates. But as per the CRM team, the construction of the plinth has started for the certain parts of the Wing-D. So they issued the demand letter for it. The balance part of the Wing-D had reached the second basement level and was catch up with the rest of the wings up to the plinth. Once demand letter is received for wing-B up to plinth level will be updated. After this demand builder will straight for 2nd floor. And also Kishore has mentioned that instead of 3-level of basement parking, the building will have 4-level of basement parking which is very good as this should help apartments on lower floors. The flats on lower floor don't get blocked by the hill side by this move.
Hello Ramesk, The plinth level is leveled to the current ground level, it has not gone up but the entrance of the building is double heighten so i have hope the level of first floor should come above the level of hillock but again as per the elevation provided by the developer, i have doubt that the first floor will come up to the level of hillock
3rd January 2017

Q: Hi, what is the current asking rate is going on Alta Vista Phase-2, Chembur, Mumbai?
My replies to this discussion
Hi Sandeep, For the phase-2 they are asking Rs.13000/sq-ft. for slabwise payment and Rs.14700/sq-ft. for sub. Parking charges Rs.8 lakh and club membership Rs.5lakh. But they have not even got the Completion Certificate for the Phase-2 yet.Hi Sandeep, For the phase-2 they are asking Rs.13000/sq-ft. for slabwise payment and Rs.14700/sq-ft. for sub. Parking charges Rs.8 lakh and club membership Rs.5lakh. But they have not even got the Completion Certificate for the Phase-2 yet.
My comments to replies
Hi Kishore, Do you think that Phase-2 is safe for buying without commencement certificate? And after currency ban do you think they will reduce the price or will give some discounts on current rate? What price do you guys think that they will reduce the per square feet rate?
Hello Arushisha!! May be you can check with how many options are available in Phase-2. If there are too many options are available in Phase-2, then probably people are still waiting for CC. Looking at the current progress i don't think there should be any issue to get the CC. However, it totally depends on you, if you want to go for it. People in Phase-1 had also booked without the CC. Better, you ask them approx time frame for getting CC. I am not too sure if they negotiate on the subvention rate but yes, they may come down Rs.400-500/sq-ft. on CLP but it will depend on the demand-supply scenario.
3rd January 2017

My replies to this discussion
Hi Kriti, You are an analyst and article writer too then you know better whether this project has science museum or not. You have required information with you regarding Ozone Bandra. Please share some insights of this project. Thanks...Hi Kriti, You are an analyst and article writer too then you know better whether this project has science museum or not. You have required information with you regarding Ozone Bandra. Please share some insights of this project. Thanks...
My replies to this discussion
Hi, Is Ozone Bandra is a pre-launch project? If yes, then when is the developer going to launch it and what is be its pre-launch price?Hi, Is Ozone Bandra is a pre-launch project? If yes, then when is the developer going to launch it and what is be its pre-launch price?
Q: Hi my budget is 30 lacs , the purpose is of investment I have been seeing flats for 1 Bhk in Virar west in global city in all reputed builders however the rate have gone really high around 34 lacs , I need advice which is the better option for investment am considering Naigaon as an option , can you suggest some good option to buy property

My replies to this discussion
Yes, property in Naigaon is available at attractive rates 4200-4500/sq-ft compared to rates in Virar 4600-5000/sq-ft. So, scope of appreciation looks more in Naigaon. I expect entire belt from Naigaon to Virar to be priced in same band over time, once whole area develops.Yes, property in Naigaon is available at attractive rates 4200-4500/sq-ft compared to rates in Virar 4600-5000/sq-ft. So, scope of appreciation looks more in Naigaon. I expect entire belt from Naigaon to Virar to be priced in same band over time, once whole area develops.
My comments to replies
Hi Purvi, Naigaon is one of the best places for investment . The Location is excellent in the region with almost all important proposed public infrastructure projects in vicinity. Locality is just 10 min away from Naigaon station and Ju Chandra station from where trains to Navi Mumbai could be accessed. Proposed Asian Heart Institute right adjacent to this locality. Transport facility is also good in the locality. Don Bosco School and other ICSE International Private school is about 5 min away. Naigaon is a part of the proposed Western Railway Elevated Corridor connecting Churchgate and Virar. Overall, locality is good for investment as well as for end use.
Yes, i am agree with Ashish..... If you see the entire stretch from Mira Road to Virar, all the places are nearly occupied by new construction. Moreover in Naigaon the construction happening is near the railway station, which is not available in the entire stretch, even global city of Virar is so far away that you cannot reach walking as you can in Naigaon. Once all the constructions are completed the returns will definitely be twice what you have invested. The better example is Mira Road. which has become a boom for the investor as well as for the end users.
16th January 2017

Q: Is it worth buying in Parvati Enclave, Kharghar, Navi Mumbai Taloja Phase1 as builder has not yet received OC
My replies to this discussion
Hi Arun, Don't purchase flat in building which does not have OC . No bank will sanction loan for such property and at the time of selling it you will have to face lot's of difficulties too. And most important, corporation is free to withhold the water and electricity connection at anytime.Hi Arun, Don't purchase flat in building which does not have OC . No bank will sanction loan for such property and at the time of selling it you will have to face lot's of difficulties too. And most important, corporation is free to withhold the water and electricity connection at anytime.
Q: I have visited Alibaug twice for a weekend getaway and really liked the place.

My replies to this discussion
Yeah, Alibag is better place to invest in property. It can be direct row land, commercial property, residential property, farm houses etc. Reason is few big giants like Reliance, Tata are planning to do huge investment in this area. Still, considering future opportunities bcz at present, property rates are not that high.Yeah, Alibag is better place to invest in property. It can be direct row land, commercial property, residential property, farm houses etc. Reason is few big giants like Reliance, Tata are planning to do huge investment in this area. Still, considering future opportunities bcz at present, property rates are not that high.
Q: Looking for a flat in Nagpur for investment purposes, preferably in the MIHAN area.

My replies to this discussion
It is a happy moment for Nagpur and Nagpur Metro Rail that the China Railway Rolling Stock Corporation (CRRC), a Chinese government company, will set up its manufacturing unit in the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) and produce rolling stock for Nagpur Metro Rail. CRRC will make investment to the tune of Rs 1500 crore to set up the manufacturing unit in MIHAN, which will generate employment opportunities for 5000 peopleIt is a happy moment for Nagpur and Nagpur Metro Rail that the China Railway Rolling Stock Corporation (CRRC), a Chinese government company, will set up its manufacturing unit in the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) and produce rolling stock for Nagpur Metro Rail. CRRC will make investment to the tune of Rs 1500 crore to set up the manufacturing unit in MIHAN, which will generate employment opportunities for 5000 people
Q: I have booked a rowhouse in Vighnaharta Enclave Riverside, Sukapur, Panvel in August 2016. Builder M/s Prathamesh Construction promised to give possession in December 2017. However, the has not not started. Builder is say that although NAINA has been approve, but it has not recieved the Notification to start the project. What is the fact

My comments to replies
However, just check your agreement. Is there any clause of delay penalty. In case of delay in possession of your flat, you can file a suit in consumer redressal forum against the builder for deficiency in service and ask for the interest on your invested amount. Just wait for the said possession date. Don'r pay any further amount until you get the possession of your flat.
Yes, i am agree with Abhijit. Even, the Union government notified rules on November'2016 to implement the Real Estate Regulation Act (RERA), which will enable buyers who have invested in real estate projects -including existing ones -to secure interest at 10.9% per annum for delayed possession.
22nd February 2017

Q: Hi! I am looking for invest in a 2bhk house in thane city. I have like few projects like Immenza- Kapataru, zuri -Seth, Project by one India Bulls, Lodha Amara,Rustomjee urbania, Raj torres, Highland park. please suggest which can be a prime property to invest

My replies to this discussion
Hi Betty, I think you should go with Immenza Kalpataru or Rustomjee Urbania. Don't go with any prominent builders because all of their projects are delayed by 2-3 years. Both the builders are good and have a good track record of on time delivery of possession.Hi Betty, I think you should go with Immenza Kalpataru or Rustomjee Urbania. Don't go with any prominent builders because all of their projects are delayed by 2-3 years. Both the builders are good and have a good track record of on time delivery of possession.
My replies to this discussion
Hi Kiriti, Happy Home Builders and Contractors, Space India Builders and Developers, Nisarg Property Developers, Omkar Builders and Developers, Yash Infrastructure, Arihant Superstrucures, Rustomjee Developers, Raunak Group, Runwal Group, Hiranandani, Sheth Developers, Puranik Builders, Kalpataru Limited, The Wadhwa Group and Acme Group Of Comapnies are the few good builders in Mumbai which have very good track record.Hi Kiriti, Happy Home Builders and Contractors, Space India Builders and Developers, Nisarg Property Developers, Omkar Builders and Developers, Yash Infrastructure, Arihant Superstrucures, Rustomjee Developers, Raunak Group, Runwal Group, Hiranandani, Sheth Developers, Puranik Builders, Kalpataru Limited, The Wadhwa Group and Acme Group Of Comapnies are the few good builders in Mumbai which have very good track record.
Q: Am facing delay in position of my flat in G Wing Azziano for more than 1 year. and wanted to have the delay compensation as paying rent for current house. any one facing same delay issue ?

My replies to this discussion
As per Real Estate Regulation Act (RERA), builders will have to pay 10.9% per annum for delayed possession. In case a buyer is seeking a refund on the entire payment at the sale rate , and the builder will have to repay the amount within 45 days of a claim being made.As per Real Estate Regulation Act (RERA), builders will have to pay 10.9% per annum for delayed possession. In case a buyer is seeking a refund on the entire payment at the sale rate , and the builder will have to repay the amount within 45 days of a claim being made.
Q: Date of posession promised while booking the flat was sept 2014 while in the contract they mentioned dec 2015 as a late date. Even after that we are waiting for the posession. Builder is not replying to mails and gives rude response over phone calls. They are saying it is delayed due to delay in power grid making by the govt authorities and they are not responsible for it. ON WHAT BASIS THEY PROMISED POSESSION OF SEPT 2014. We are staying in a rented flat and paying EMIs for this long awated flat.
My comments to replies
Hi Gaur, A home buyer, who fails to get the possession of his property on time, can resort to several provisions under India’s civil, criminal and consumer laws, to take action against the developers. You can send a notice to the builder, claiming refund of the amounts paid along with interest and/or damages. You can also file a consumer complaint for "deficiency in service" as defined under the Consumer Protection Act, 1986 against the builder.
Yes, i am agree with Dayananda. You can file a written complaint before the appropriate consumer dispute redressal forum set up under the act, depending on the value of your property, or the amount of damage you have suffered. Any dispute over Rs 20 lakhs can be directly filed before the State Commission and any dispute over Rs 1 crore can be filed before the National Commission in New Delhi. Any dispute for a value lower than Rs 20 lakhs has to be filed in the District Commission.
28th March 2017

Q: Feedback of Lodha Luxuria Priva and possession time lines what all formalities/documents to consider while buying this property what all formalities/document to consider while taking possession of this property

My replies to this discussion
Hi, Are you planning to buy flat in Lodha Luxuria Priva Majiwada, Thane? What is your budget? To get more details of this project click this link Lodha Luxuria Priva, Thane Or, To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.Hi, Are you planning to buy flat in Lodha Luxuria Priva Majiwada, Thane? What is your budget? To get more details of this project click this link Lodha Luxuria Priva, Thane Or, To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.
Q: Im planning to shift to Splendora , but exactly how is the commute. I work at Santa cruz

My replies to this discussion
Hi Mithun!! There are two way to reach Thane West from Santa Cruz via Eastern Express Highway and Western Express Highway. Via Eastern Expressway, it will take around 1 h 10 m to 2 h 30 m if u are leaving the office at 6 pm. Via Western Express Highway, it will take around 1 h 15 m to 2 h 30 min. And if you are commuting via local train, you can reach your destination within 1 h 50 m. So, i think train route is the best route to commute for you.Hi Mithun!! There are two way to reach Thane West from Santa Cruz via Eastern Express Highway and Western Express Highway. Via Eastern Expressway, it will take around 1 h 10 m to 2 h 30 m if u are leaving the office at 6 pm. Via Western Express Highway, it will take around 1 h 15 m to 2 h 30 min. And if you are commuting via local train, you can reach your destination within 1 h 50 m. So, i think train route is the best route to commute for you.
My replies to this discussion
Hi Kriti, Bandra East is a prominent locality of Mumbai. It is intersected by the Western Express Highwa. Other Roads connected to this locality are Santacruz-Chembur Link Roadand Sion-Bandra Link Road. These roads are offering smooth commuting to its residents. The development of Bandra Kurla Complex (BKC) in the vicinity has been a plus point for growing demand of good business infrastructure. Bandra Railway station is the nearest railway station to this locality. Chhatrapati Shivaji International Airport is located at a short driving distance. Phoenix Marketcity and Shoppers Stop (Bandra) is where residents can enjoy shopping time. Overall, locality looks good for end users.Hi Kriti, Bandra East is a prominent locality of Mumbai. It is intersected by the Western Express Highwa. Other Roads connected to this locality are Santacruz-Chembur Link Roadand Sion-Bandra Link Road. These roads are offering smooth commuting to its residents. The development of Bandra Kurla Complex (BKC) in the vicinity has been a plus point for growing demand of good business infrastructure. Bandra Railway station is the nearest railway station to this locality. Chhatrapati Shivaji International Airport is located at a short driving distance. Phoenix Marketcity and Shoppers Stop (Bandra) is where residents can enjoy shopping time. Overall, locality looks good for end users.
My replies to this discussion
Yes, before conforming to buy a NA Plot, it is always advisable to get all the documents properly checked by a lawyer to ensure they are original and have no fault in order to protect yourself from fake registration and from properties that is stuck in court litigation.Yes, before conforming to buy a NA Plot, it is always advisable to get all the documents properly checked by a lawyer to ensure they are original and have no fault in order to protect yourself from fake registration and from properties that is stuck in court litigation.
My comments to replies
Hi Kanhaiya, Land should be converted to NA before use of residential purpose. You will have to pay nominal fee for it. For that you have to visit the district collector office or revenue department.
Hi Kanhaiya!!! Agricultural land occupant may apply for permission for various Non-agricultural uses of such land. Before granting permission for N.A. purposes of such lands, it should be seen whether the applicant is legal occupant of the land and whether there are any government control viz. new tenure, restricted tenure or subject to premium for N.A. purposes.
4th April 2017

Q: I am looking to Book a 1BHK @ Oyster Living Dahisar. Can some one please advise if the Builder will keep up to the Promise of delivering the Project- also what si the Current status of the project - I visited the site and i still see all the existing Slum and Building as it is. Is it advisable to put Money here- it would be for my personal use and i can wait for 5 to 6 years

My comments to replies
To be very honest, builder has very bad reputation and the work may go on and on and on...I would suggest against them. I don't think builders are fools to sell at cheap rate. Your money will be blocked for quite a long time. 3 years back, they told me that they will delivered the project by 2020. Already, they have taken 2 yrs and development work has been seen so far.
I am agree with Praveen.......Got to know that the bio-metrics of the slum dwellers has not even been done yet. This in itself is a huge milestone as each and every slum dweller will have to prove that he/she is a original/genuine resident of the slums to the SRA authorities which would entitle him to a SRA apartment. I don't who all bought their units in this project without knowing the fact. A big no.
7th April 2017

Q: A perfectly planned designed project by Godrej Properties and is the newest landmark in Vikhroli and a Gateway to supreme & Luxury living. Godrej Origins offers an intimacy of a most preferred location and a sphere of amenities in Mumbai.
My replies to this discussion
Thanks for the information Shantanu.... Are all approvals are in place? Which local body has approved this project?Thanks for the information Shantanu.... Are all approvals are in place? Which local body has approved this project?
Q: Acme Ozone one of the best investment option in thane west
My replies to this discussion
I do not think so. One of the worst Developer in Thane. There are lots of negative reviews about the developers and its project? Almost all of their projects are delayed by 5-7 years. Hundreds of families are still waiting for their flat possession. 7 years delay is too much.I do not think so. One of the worst Developer in Thane. There are lots of negative reviews about the developers and its project? Almost all of their projects are delayed by 5-7 years. Hundreds of families are still waiting for their flat possession. 7 years delay is too much.
Hi Ramesk, I am very surprised that nobody has taken them to the court. The real estate act applies to all buildings under construction and is pretty clear that unavoidable circumstance clause can not be used arbitrarily. I assume someone has at least sent a basic legal notice by now.Hi Ramesk, I am very surprised that nobody has taken them to the court. The real estate act applies to all buildings under construction and is pretty clear that unavoidable circumstance clause can not be used arbitrarily. I assume someone has at least sent a basic legal notice by now.
My comments to replies
Hi, Vilas Yes, you can invest in HDIL Majestic Tower. It is a RERA approved project and its RERA Registration No is P51800007283. This project is under construction and possession by June 2010.
Hello, Shantanu As per the developer, possession of HDIL Majestic Tower was June'2017 but owners of this project did not get their flat possession on time. Do you think possession will happen by June 2020? I do not believe in their words. The project is already delayed by 3.5 yrs. Hoping, construction quality will be good.
29th September 2017

Q: No the said exemption is only for residential RWA societies, for commercial it is applicable from INR 1, if the association is having aggregate turnover above 20 L per annual as per GST law.Regarding second query if the association is working as pure agent , where actual liability is of the unit not society, than not applicable however in you case connection is in the name of society and same is collected on actual consumption basis GST shall be levied. The commercial unit can claim the same as input if they are registered. ?

My comments to replies
No GST on housing society maintenance up to Rs 5000. Monthly maintenance charges, which you pay to your co-operative housing society, will not attract GST, provided it is Rs 5000 or less per month. even if you are paying more than Rs 5000 per month as maintenance charges, if total collections of the CHS are less than Rs 20 lakh a year, the society will not have to register under GST. Consequently, it will not be liable to impose GST on taxable services such as maintenance charges, parking charges etc.
Remember, a taxpayer earning more than the exempted threshold will have to register under GST and pay taxes. So, if you have given your unit to businesses, then it is taxable if you are getting more than Rs 20 lakh as rent.
27th October 2017

Q: RERA will bring relief to the buyers only and only if the original act is implemented by various states without dilution. Ground reality is that most of the state govts are diluting the provisions of RERA to favor the powerful builders lobby who traditionally share the loot with the politicians.

My replies to this discussion
You are right Priya...... Clause 14(3) is acting as a warranty. Warranties will make buyers and investors feel secure, as it makes it mandatory for developers to rectify any construction defects that may be noticed, even after possession has been handed over.You are right Priya...... Clause 14(3) is acting as a warranty. Warranties will make buyers and investors feel secure, as it makes it mandatory for developers to rectify any construction defects that may be noticed, even after possession has been handed over.
My replies to this discussion
Hello Ganesh, I have also invested in this project in phase-1 and construction work is in the slow pace. I will advise you do your all due diligence and verify all the legal documents by a legal expert and then go for it. Project locality falls under slum area. IOD and CC are in place for phase-1 but not sure about phase-2.Hello Ganesh, I have also invested in this project in phase-1 and construction work is in the slow pace. I will advise you do your all due diligence and verify all the legal documents by a legal expert and then go for it. Project locality falls under slum area. IOD and CC are in place for phase-1 but not sure about phase-2.
My comments to replies
Hello Vaibhav, I did not find RERA Registration number either on their website or any other property portals. It seems to me that they have applied for it and once they will get the approval from MAHARERA, will start the construction work.
Hi all, I have also invested in Shivraj Kalash in Phase-2, Kandivali West, Mumbai. As per builder agreement if the project does not start within 18 months of booking, they will be paying buyers 15% rate of interest. It is already 9 months of my booking. Hopefully, it will start soon. Nevertheless, the project does not seem to be risky as the Kalash Phase-1 also had slums at its place before it started and it is under construction now. Phase-2 might get delayed but it is worth investing.
15th February 2018

Q: I want to buy an apartment in Hiranandani Fortune City Panvel so someone please inform me any new update in Hiranandani Fortune City Panvel Project?
My replies to this discussion
Hello Riya Do your own due diligence before investing in any project anywhere. Ask for all the legal approvals, verify it by a legal expert, visit the project site, check the approaching road, daily basic amenities from the project site and then go for it. There are many negative reviews against the builder and its project.Hello Riya Do your own due diligence before investing in any project anywhere. Ask for all the legal approvals, verify it by a legal expert, visit the project site, check the approaching road, daily basic amenities from the project site and then go for it. There are many negative reviews against the builder and its project.
Q: Raj Infinia builders have stopped construction and not paying bank loans..if you are also troubled join the group by writing to akshayguptaatgmail.com

My comments to replies
I have Invested through 20-80 scheme into Raj Infinia, Malad. The project is delayed by 3 years and completion is not in sight. The builder keeps on delaying the possession date and now I notice complaint is being filed by individual flat owners for which details are available on RERA website. Builder has refused to pay for the EMI and defaulted on the bank loans. We should get together and file complaint against the builder.
What is issue with the builder? Did you make conversation with builder? What is MahaRERA saying?
7th June 2019

Q: Looking to buy a new apartment. Not a very high budget so looking for affordable housing. Is Regency Anantam, new projects in dombivli east, an ideal choice?
My replies to this discussion
Hello Ronnie, Regency Anantam by Regency Group in Dombivali East is a recently launched residential project offering 1, and 2 BHK flats. Variants are available from 527 sq.ft (carpet area) in 1 BHK and 778 sq.ft (carpet area) in 2 BHK. A 1 BHK flat will cost you Rs 40.35 Lakh onward while for a 2 BHK flats, you will have to pay Rs.60.20 lakh onward. It is a RERA registered project and expected possession date will be Jan-2023.Hello Ronnie, Regency Anantam by Regency Group in Dombivali East is a recently launched residential project offering 1, and 2 BHK flats. Variants are available from 527 sq.ft (carpet area) in 1 BHK and 778 sq.ft (carpet area) in 2 BHK. A 1 BHK flat will cost you Rs 40.35 Lakh onward while for a 2 BHK flats, you will have to pay Rs.60.20 lakh onward. It is a RERA registered project and expected possession date will be Jan-2023.
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