Q:
Finally the most awaited time has come. The most hyped navi mumbai property market (specially ULWE) soon to progress on the path of misfortune. The hyped bubble in real estate market is about to burst anytime now. History will be repeated again with massive correction in prices (upto 40%) is expected. Set back to property market after 1997-2003 is about to arrive.
A cautious advise to genuine buyers that do not buy property in ULWE in present scenario as you'll face a big loss due to price correction which will happen in next 6months - 12months & before 2014 elections. Please follow the link for more information:
I have been 2 ulwe last week the property rates now is between 3900(sector 19) to 5500(sector 17) and moderate 4300(sector 5). I think if someone invests in Ulwe he might have to wait atleast 7 years for 50% hike, and then also its like blocking the money.. Fixed deposit is much safer option if some one from the working class is willing to invest around 10 lakhs upfront.
@ Nitin Bhatiaji,please can you suggest builders who offers competative rates in sector 19 & 5.
I am interested as end user cum investor. I surprise how long it will remain Ghost Town ?
Are there any tecahnical problems ? Why there is no work in progress in street lights,drainage etc.?
Airport does not make diffirences railway is too late.but what about basic amenities such as bus service etc.
Why all these lack inspite of so many completed and about to complete buildings ? How many % of occupancy in new constructed buildings ?
15th January 2014
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