Q:
I want to know the rates and other details for fixing the stamp duty & registration of a flat in Navi Mumbai
Q:
Any update on completion date?
Q:
I want to buy 2bhk flat in Bhagirathi Residency. Please contact.
My replies to this discussion
Hi,
Since the project is a ready-to-move from September'2013, there are few 1BHK flats available for sale from 670-683 sq-ft. The cost of the flats will be Rs. 24.50 lakh to Rs. 30 lakhs.Hi,
Since the project is a ready-to-move from September'2013, there are few 1BHK flats available for sale from 670-683 sq-ft. The cost of the flats will be Rs. 24.50 lakh to Rs. 30 lakhs.
Q:
What are the good upcoming projects in Ulwe? How is this
place for real estate investment?
My replies to this discussion
Hi everybody,
3Ulwe is one of the fastest growing nodes of Navi Mumbai. It is located south of Kharghar and close to Panvel, where the Navi Mumbai International Airport is planned. This node has been planned and developed by CIDCO and is fast becoming a preferred destination for many.
Ulwe is well connected to most of the localities in Navi Mumbai by road. The Uran Road and JNPT Road pass through Ulwe connecting it to localities such as Greater Khanda, Kharghar, CBD Belapur and Panvel.Hi everybody,
3Ulwe is one of the fastest growing nodes of Navi Mumbai. It is located south of Kharghar and close to Panvel, where the Navi Mumbai International Airport is planned. This node has been planned and developed by CIDCO and is fast becoming a preferred destination for many.
Ulwe is well connected to most of the localities in Navi Mumbai by road. The Uran Road and JNPT Road pass through Ulwe connecting it to localities such as Greater Khanda, Kharghar, CBD Belapur and Panvel.
Q:
Can anybody update me on progress of Zircon building and expected date of completion
Q:
What can we expect from the real estate bill??
My replies to this discussion
Hi guys,
Good news for all the home buyers. As per the current news, the Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more strict clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers.Hi guys,
Good news for all the home buyers. As per the current news, the Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more strict clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers.
My replies to this discussion
Across the counter (ATC) Payment at designated Bank Branches. Check this site, i think it will help you in paying property tax online, enter details and generate e-challan.Across the counter (ATC) Payment at designated Bank Branches. Check this site, i think it will help you in paying property tax online, enter details and generate e-challan.
Q:
Which is a better place to invest Ulwe or Panvel in Navi Mumbai?
Q:
Tirupati Balaji Buiders and Developers PVt Ltd New Panvel
Information on Quality of work of Tirupati Balaji Builders and Developers Pvt Ltd New Panvel Mahendra P.K. Singh is managing director.
Q:
Heard the Dahisar toll naka is moving finally? any news people?
My replies to this discussion
Hey all,
New Toll Tax effective from 31st May,2015 midnight, 50 to 80 toll booths are getting toll free and decisions on Mumbai's major entry and exit toll points will be taken by July,2015. This time the policy update brings some relief to those traveling daily and staying at a radius around the toll collection booths. Octroi Plaza which is also called Toll Plaza/ Naka / Booths which collects money from commuters who access the city roads at Major entry point to Mumbai and other few locations are under major changes in policies and tool charges which differs by locations.Hey all,
New Toll Tax effective from 31st May,2015 midnight, 50 to 80 toll booths are getting toll free and decisions on Mumbai's major entry and exit toll points will be taken by July,2015. This time the policy update brings some relief to those traveling daily and staying at a radius around the toll collection booths. Octroi Plaza which is also called Toll Plaza/ Naka / Booths which collects money from commuters who access the city roads at Major entry point to Mumbai and other few locations are under major changes in policies and tool charges which differs by locations.
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......
Q:
Hey I am planning to buy a property here. Can you tell me which all units are available here. Also let me know the price range of the units ?
My replies to this discussion
Hi Manish,
As you mentioned above that you have inquired about this project. Can you tell me which local body and banks have approved this project?Hi Manish,
As you mentioned above that you have inquired about this project. Can you tell me which local body and banks have approved this project?
Q:
Hi, a realty arm of Mahindra Group, Mahindra Lifespaces focused on affordable housing called called "Happinest".
My replies to this discussion
Hi all,
You are glad to know that 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.Hi all,
You are glad to know that 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.
Q:
I've invested in Dream Sai Elegance, a project by Dream Developers, plot 267, sector 17, Ulwe, Navi Mumbai. I hope its a trustworthy and genuine developer by God grace. Please share your inputs.
Q:
Looking for 2bhk at GHP Whispering Woods in Powai
Q:
What can the real estate sector expect from the union budget 2015-2016?
My replies to this discussion
Hi Sunil,
This simple, but useful move will have a favourable impact on the loan to value ratio, which accidentally will help more individuals in the lower income group to buy their own homes.
This policy, at present, is announced for properties that do not cost more than 10 lakhs, including these charges.Hi Sunil,
This simple, but useful move will have a favourable impact on the loan to value ratio, which accidentally will help more individuals in the lower income group to buy their own homes.
This policy, at present, is announced for properties that do not cost more than 10 lakhs, including these charges.
Q:
Thats Great actually... What is the reason that authority has chosen BKC to transform as a Smart City?
My replies to this discussion
I think the main reason behind the MMRDA plans to transform BKC into a 'smart city' with a view to attract investor interests and get a premium pricing for its remaining land bank. The city's planning authority MMRDA plans to transform the Bandra-Kurla Complex (BKC) into a 'smart city' and it will play a major role which will strengthen its brand value.I think the main reason behind the MMRDA plans to transform BKC into a 'smart city' with a view to attract investor interests and get a premium pricing for its remaining land bank. The city's planning authority MMRDA plans to transform the Bandra-Kurla Complex (BKC) into a 'smart city' and it will play a major role which will strengthen its brand value.
Q:
I wanted to know which all are the implementing agency that will execute the the redevelopment of the BDD chawls and how?
My replies to this discussion
HI Dayananda,
The state housing department has now proposed an Engineering Procurement Construction model wherein the MHADA will be the sole implementing agency that will execute the work by appointing contractors.HI Dayananda,
The state housing department has now proposed an Engineering Procurement Construction model wherein the MHADA will be the sole implementing agency that will execute the work by appointing contractors.
Q:
What will be the state govt. role to develop 50 lakh new homes by 2022?
My replies to this discussion
Hi all,
A path breaking news for the Indian housing sector as the cabinet has approved launch of "Housing for all by 2022" programme, which is primarily aimed at rehabilitation of slum dwellers and promotion of affordable housing for the Economically Weaker Sections (EWS) and Lower Income Groups (LIG), through credit linked subsidy.Hi all,
A path breaking news for the Indian housing sector as the cabinet has approved launch of "Housing for all by 2022" programme, which is primarily aimed at rehabilitation of slum dwellers and promotion of affordable housing for the Economically Weaker Sections (EWS) and Lower Income Groups (LIG), through credit linked subsidy.
Q:
How Indian Real Estate Market will likely fair in 2015?
My replies to this discussion
2015 will definitely be a good year for the real estate sector on three counts: 1) The threat of inflation has completely down, and borrowing rates are sure to go down from the current levels. This will encourage potential buyers planning to avail of home loans to finally take the plunge. Also, with property prices staying stable and good deals being offered by developers in order to clear their inventory, fence-sitting buyers be further encouraged to press the buy button.2015 will definitely be a good year for the real estate sector on three counts: 1) The threat of inflation has completely down, and borrowing rates are sure to go down from the current levels. This will encourage potential buyers planning to avail of home loans to finally take the plunge. Also, with property prices staying stable and good deals being offered by developers in order to clear their inventory, fence-sitting buyers be further encouraged to press the buy button.
Q:
have purchase 1 BHK flat mohan greenwoods. still possesion is halted due to OC certificate. It's more than 1 year after promise date of possesion in aggrement still I am waiting.Also they take 2 lacs for NOC , if you wants to sell your flat. just sucking money from money.
My replies to this discussion
HI Dayananda,
Apart from that if you have no Occupancy Certificate means that the building has not been given all the mandatory infrastructure/ clearances that make the building inhabitable. The law states that it is illegal for a building without OC to be occupied. There are several reasons for this, including: 1) The building is not as per the sanctioned plan, has illegal unsanctioned floors/ walls/ extensions, 2) The building is not safe to inhabit because of quality of construction, safety of stairs/ lifts, electrical safety, fire safety, airline safety, etc., 3) The building is not capable of fulfilling its mandatory role in managing its waste, sewage, water etc.HI Dayananda,
Apart from that if you have no Occupancy Certificate means that the building has not been given all the mandatory infrastructure/ clearances that make the building inhabitable. The law states that it is illegal for a building without OC to be occupied. There are several reasons for this, including: 1) The building is not as per the sanctioned plan, has illegal unsanctioned floors/ walls/ extensions, 2) The building is not safe to inhabit because of quality of construction, safety of stairs/ lifts, electrical safety, fire safety, airline safety, etc., 3) The building is not capable of fulfilling its mandatory role in managing its waste, sewage, water etc.
Q:
Hi, my query is how are the returns on investment in Nalasopara?
My replies to this discussion
Hi everybody,
My relatives are living in the Nalasopara and i heard from them that there have been a few incidents of crimes in the locality due to the presence of migrated lower and middle class population. But this is a common problem now a days. And everybody has to face those issues.Hi everybody,
My relatives are living in the Nalasopara and i heard from them that there have been a few incidents of crimes in the locality due to the presence of migrated lower and middle class population. But this is a common problem now a days. And everybody has to face those issues.
Q:
Hi, Has there been any change in Mumbai property taxes?
My replies to this discussion
Hi,
According to the revised rules, the formula to calculate the capital value of a property, which determines the property tax, has been revised by changing some major factors. One of the changes will be that the capital value of the property will now be determined by taking into account the carpet area of your flat, instead of the built-up area.Hi,
According to the revised rules, the formula to calculate the capital value of a property, which determines the property tax, has been revised by changing some major factors. One of the changes will be that the capital value of the property will now be determined by taking into account the carpet area of your flat, instead of the built-up area.
Do you know Amreesh? In September 2014, with an increasing number of petitions filed in the Bombay High Court, which said that BMC was wrongly calculating property tax on the built-up area, the civic body had formed a committee to review the existing set of rules. The new set of rules is expected to come into effect from April 2015.Do you know Amreesh? In September 2014, with an increasing number of petitions filed in the Bombay High Court, which said that BMC was wrongly calculating property tax on the built-up area, the civic body had formed a committee to review the existing set of rules. The new set of rules is expected to come into effect from April 2015.
Q:
I am looking at a 1BHK flat, around 500+ sq ft.
My replies to this discussion
Hi Sankalpa and Dharmaja,
As far as locality is concerned, Borivali is a suburb of Mumbai situated in the North Western part of the city. Divided by the Western Railway Line, Borivali East and West are 2 areas in the Western suburb. Borivali West is approximately 18 kms from Mumbai Airport and about 33.4 kms from Churchgate Railway Station. It is surrounded by localities like Eksar Road, Dahisar West, IC Colony, Shimpoli Road, and Kandivali West.Hi Sankalpa and Dharmaja,
As far as locality is concerned, Borivali is a suburb of Mumbai situated in the North Western part of the city. Divided by the Western Railway Line, Borivali East and West are 2 areas in the Western suburb. Borivali West is approximately 18 kms from Mumbai Airport and about 33.4 kms from Churchgate Railway Station. It is surrounded by localities like Eksar Road, Dahisar West, IC Colony, Shimpoli Road, and Kandivali West.
Q:
Hi, how will be the new redevelopment policy different from old policy?
My replies to this discussion
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.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.
Q:
Hi, how are rentals in Powai?
My replies to this discussion
Hi Keshav,
The rentals in the past two years in Powai have steadily grown and continue to grow. Hence, if you are a house owner who wants to rent out your apartment or a tenant looking for a good locality to stay for rent, Powai is an area you must check out.
Andheri SEEPZ is just about 5 km away from the area while Bandra Kurla Complex (BKC) is about 16.5 km away from the locality.Hi Keshav,
The rentals in the past two years in Powai have steadily grown and continue to grow. Hence, if you are a house owner who wants to rent out your apartment or a tenant looking for a good locality to stay for rent, Powai is an area you must check out.
Andheri SEEPZ is just about 5 km away from the area while Bandra Kurla Complex (BKC) is about 16.5 km away from the locality.
@Khushi,
There are many apartments available for buying, a large portion of them are luxury apartments, with not many of them within the economy price range. Then again, thesuburb witnesses great interest for rental apartments. Powai offers a decent number of 2BHK apartments, followed by 1 and 3BHK flats for rent. The built up area of 1BHK flat is in the range of 600650 sq-ft. A 2BHK unit may have a built up area of 9001250 sq-ft. The built up area of a 3BHK unit may be around 12001500 sq-ft.
As Powai is an luxury area and usually pulls in higher salary professional, the house rentals are on the higher end. The rent for a 1BHK property in Powai is between Rs 1000035000 and that of a 2BHK property is available for rent of Rs 35000-55000.@Khushi,
There are many apartments available for buying, a large portion of them are luxury apartments, with not many of them within the economy price range. Then again, thesuburb witnesses great interest for rental apartments. Powai offers a decent number of 2BHK apartments, followed by 1 and 3BHK flats for rent. The built up area of 1BHK flat is in the range of 600650 sq-ft. A 2BHK unit may have a built up area of 9001250 sq-ft. The built up area of a 3BHK unit may be around 12001500 sq-ft.
As Powai is an luxury area and usually pulls in higher salary professional, the house rentals are on the higher end. The rent for a 1BHK property in Powai is between Rs 1000035000 and that of a 2BHK property is available for rent of Rs 35000-55000.
Q:
Hi, Mumbaikars should now get ready for more expensive homes after Maharashtra Chief Minister issued a notice, expanding both the premium amount and the floor space index (FSI) in Mumbai's rural areas.
My replies to this discussion
It is absolutely true and the reason that Mumbai's suburbs have an inflated inventory of 40000 unsold apartments. The residential market had begun to show some signs of reducing, as developers had started to marginally reduce rates to offload this inventory. However, after this announcement, developers are likely to roll back their decreased rates leading to further drawback in home sales.It is absolutely true and the reason that Mumbai's suburbs have an inflated inventory of 40000 unsold apartments. The residential market had begun to show some signs of reducing, as developers had started to marginally reduce rates to offload this inventory. However, after this announcement, developers are likely to roll back their decreased rates leading to further drawback in home sales.
Q:
Hi, why Panvel in MMR emerged as affordable regions for people who want to buy houses in Mumbai?
My replies to this discussion
Thanks a lot Vinay,
Is the Panvel good for end users? How is the connectivity of Panvel to the differerent parts of the MMR?Thanks a lot Vinay,
Is the Panvel good for end users? How is the connectivity of Panvel to the differerent parts of the MMR?
Q:
Hi, which factors drive the realty market of Navi Mumbai? Can you list the name of some localities that are becoming realty hotspots in Navi Mumbai?
My replies to this discussion
Hi,
Several factors drive the realty of Navi Mumbai. As realty hotspots, these localities witness a good number of projects being launched every year. Panvel is one such hotspot that offers the highest number of fresh projects, with a property age of approximately 2 yrs.
There are various localities in Navi Mumbai that are becoming realty hotspots. Currently, some of the brilliant real estate micro-markets include Kharghar, Kamothe and Panvel.Hi,
Several factors drive the realty of Navi Mumbai. As realty hotspots, these localities witness a good number of projects being launched every year. Panvel is one such hotspot that offers the highest number of fresh projects, with a property age of approximately 2 yrs.
There are various localities in Navi Mumbai that are becoming realty hotspots. Currently, some of the brilliant real estate micro-markets include Kharghar, Kamothe and Panvel.
Q:
Hi, i want to know the current stamp duty and registration charges of property in Mumbai?
My replies to this discussion
Hi friends!!
In form of Krishi Kalyan Cess, a levy of 0.50% is going to add up to existing rate of service tax on all taxable services which sums up to total service tax of 15%. Arun Jaitely, in his first budget had increased service tax rate to 14% from 12.36% and then added 0.50% as Swachh Bharat Cess from 15th November, 2015. Now, with krishi kalyan cess of 0.50%, the new service tax rate will be 15% effective from 1st June 2016.Hi friends!!
In form of Krishi Kalyan Cess, a levy of 0.50% is going to add up to existing rate of service tax on all taxable services which sums up to total service tax of 15%. Arun Jaitely, in his first budget had increased service tax rate to 14% from 12.36% and then added 0.50% as Swachh Bharat Cess from 15th November, 2015. Now, with krishi kalyan cess of 0.50%, the new service tax rate will be 15% effective from 1st June 2016.
Q:
Right after the RBI's decision to keep the repo rates unaffected, 3 ace Indian Banks, which include the State Bank of India, ICICI and HDFC, leaders in the private sector, have cut their base lending rates.
My replies to this discussion
Hi Roshini,
With these rate cuts by the banks, the current as well as new consumers are expected to benefit a reasonable percentage. Though with this enforcement by the banks, home loans are also expected to see a reduced interest rate along with policy update, which looks to definitely make the real estate sector experience certain gain.Hi Roshini,
With these rate cuts by the banks, the current as well as new consumers are expected to benefit a reasonable percentage. Though with this enforcement by the banks, home loans are also expected to see a reduced interest rate along with policy update, which looks to definitely make the real estate sector experience certain gain.
@Shrikant,
There is always a delay between the directives given by the RBI with regards to lowering lending rates, and banks submission with these directives.@Shrikant,
There is always a delay between the directives given by the RBI with regards to lowering lending rates, and banks submission with these directives.
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
But decision is yet to come Keshav.....and hoping for the best...
Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.But decision is yet to come Keshav.....and hoping for the best...
Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
Q:
Why BKC became new residential hotspot in MUmbai?
Q:
Hi, Can anybody share the launch date of Omkar Kenspeckle, Andheri East?
Q:
Has anyone booked a flat in Crescent Residency, Andheri East? How is the project and the locality?
My replies to this discussion
Hey Niyati,
I think you did a lot of homework of the locality. Do you know what are the sizes available in 2BHK and it's price?Hey Niyati,
I think you did a lot of homework of the locality. Do you know what are the sizes available in 2BHK and it's price?
Q:
What is the current residential property rate is going on in Andheri East?
My replies to this discussion
Hey Franklin,
MCA Gopeshwar Apartment is a PMC approved project and they have got approvals from Bank Of Baroda and State Bank of India. Some more bank approvals are on the process. Currently, this project is under construction but the exact idea of the work progress can get from the project site.Hey Franklin,
MCA Gopeshwar Apartment is a PMC approved project and they have got approvals from Bank Of Baroda and State Bank of India. Some more bank approvals are on the process. Currently, this project is under construction but the exact idea of the work progress can get from the project site.
Q:
I am keen on buying a flat in Satra Residency, Khar West. Of a toal of 13 flats. there are 5 for sale. Do you know
1. if there is a problem in this building
2. Doe the building have an OC
Q:
As per the current report, Thane-Belapur Road of Mumbai may be the new International Business and Finance Centre of Mumbai.
My replies to this discussion
Hey everybody,
There was an earlier plan to develop Wadala and it's surrounding eastern suburbs as the new financial district. Do you think that it was a more workable idea than Thane-Belapur Road?Hey everybody,
There was an earlier plan to develop Wadala and it's surrounding eastern suburbs as the new financial district. Do you think that it was a more workable idea than Thane-Belapur Road?
Q:
Hi, can anybody provide me the project details of this project?
My replies to this discussion
Hello Roshini,
Even i am planning to buy 2BHK in Kalpataru Waterfront? Can you tell me the price of 2BHK of this project? What is the current price they are quoting now? What will be the floor rise charges?Hello Roshini,
Even i am planning to buy 2BHK in Kalpataru Waterfront? Can you tell me the price of 2BHK of this project? What is the current price they are quoting now? What will be the floor rise charges?
Q:
Hi. i am planning to invest in Runwal's My City Project in Dombivili. But i hv heard about many misconducts done by Runwal in one of thier property that is Runwal greens Mulund. PLease advice the authencity of the My City project in dombivili and also if i can invest or not.
Q:
In Real Estate Monthly Tracker For MMR one can get the details of units launched, most active micro markets, news, regulatory updates industry buzz, major deals and key projects during that period.
My replies to this discussion
Hi Suresh,
I must say that it will be a useful thread for the property buyers in MMR. Can you tell me which locality in MMR emerged as a most active micro market and how many housing units were launched during that period?Hi Suresh,
I must say that it will be a useful thread for the property buyers in MMR. Can you tell me which locality in MMR emerged as a most active micro market and how many housing units were launched during that period?
Q:
want to know how property tax is calculated by thane Municipal co-operation need to know the detail calculation
My replies to this discussion
Hi Harish,
Property tax can be calculated with the help of following method:- (Capital value-based system) Capital value = Base value x Built up area x Use category x Type of building x Age factor x Floor factor.
Property tax once fixed, will not be revised for 5 years and after that the increase will be restricted to 40% Residential units with greater than 500 sq-ft carpet area will pay twice the old tax or tax calculated by new system Residential units with less than 500 sq-ft carpet area will pay taxes as per old system.
Here is the website which will help you to calculate you property tax:- http://cvs.mcgm.gov.in:7001/MCGM_CVS/Hi Harish,
Property tax can be calculated with the help of following method:- (Capital value-based system) Capital value = Base value x Built up area x Use category x Type of building x Age factor x Floor factor.
Property tax once fixed, will not be revised for 5 years and after that the increase will be restricted to 40% Residential units with greater than 500 sq-ft carpet area will pay twice the old tax or tax calculated by new system Residential units with less than 500 sq-ft carpet area will pay taxes as per old system.
Here is the website which will help you to calculate you property tax:- http://cvs.mcgm.gov.in:7001/MCGM_CVS/
Q:
Hi, what is loading factor for Apartment? How it is calculated?
Q:
wat is good price for VBHC iin palghar...best per sq feet price
My replies to this discussion
Hi Suresh,
Are you talking VHBC Evergreen? Builders are quoting Rs.2800/sq-ft for this and the current locality price is Rs.2800/sq-ft. too. But seeing the current market trend across the country, i would suggest you Rs.2600/q-ft will be a good buy if you are a good bargainer. Even the current real estate market is very slow and builder is offering lot's of schemes and offers for their project.Hi Suresh,
Are you talking VHBC Evergreen? Builders are quoting Rs.2800/sq-ft for this and the current locality price is Rs.2800/sq-ft. too. But seeing the current market trend across the country, i would suggest you Rs.2600/q-ft will be a good buy if you are a good bargainer. Even the current real estate market is very slow and builder is offering lot's of schemes and offers for their project.
Hi Suresh,
I would like to express few of it's strength and weakness of VBHC Evergreen:- If you see the strength side of this project you will find all the legal approvals are n place as it is a freehold property with clear title and no disputes, civil or criminal cases as indicated by the client.
2) This property is located in Palghar East which is gaining popularity for residential development.
3) It has good access to social and civic infrastructure such as educational and health care center.
Weakness:- 1) Low visibility as the subject property is located 1.8 kms from the main Manor-Palghar Road.
2) Neighborhood localities are very few as the locality is currently in developing phase.Hi Suresh,
I would like to express few of it's strength and weakness of VBHC Evergreen:- If you see the strength side of this project you will find all the legal approvals are n place as it is a freehold property with clear title and no disputes, civil or criminal cases as indicated by the client.
2) This property is located in Palghar East which is gaining popularity for residential development.
3) It has good access to social and civic infrastructure such as educational and health care center.
Weakness:- 1) Low visibility as the subject property is located 1.8 kms from the main Manor-Palghar Road.
2) Neighborhood localities are very few as the locality is currently in developing phase.
Q:
Hi i am planning to buy a 1 bhk in ecovista project but my budget is only 40 all inclusive. anyone looking for a buyer. The only thing about eco-vista is it does not give an option to someone who doesn't own a car and doesn't plan to invest in buying one pay for the parking charges which is super high. i think if they could give out an option for the buyer to choose and pay when he does own an asset to park it makes more sense.
My replies to this discussion
Hi Kapil,
Bharat Ecovista by Bharat Infrastructure and Engineering Limited located at Mahape, Shilphata, Thane East, Thane. This project is under construction and will handover to its owner in May,2017. It offers 1/1.5/2BHK residential flats. It's sizes are 695 sq-ft in 1BHK, 835 sq-ft in 1.5BHK and 895-945 sq-ft in 2BHK. It's current price is Rs. 5450/sq-ft. A 1BHK in 695 q-ft will cost to you Rs. 37.88 lacs onward.Hi Kapil,
Bharat Ecovista by Bharat Infrastructure and Engineering Limited located at Mahape, Shilphata, Thane East, Thane. This project is under construction and will handover to its owner in May,2017. It offers 1/1.5/2BHK residential flats. It's sizes are 695 sq-ft in 1BHK, 835 sq-ft in 1.5BHK and 895-945 sq-ft in 2BHK. It's current price is Rs. 5450/sq-ft. A 1BHK in 695 q-ft will cost to you Rs. 37.88 lacs onward.
Q:
Yes, it is expected that the funds will be used for the rehabilitation process and to pay for project clearances and approvals.
My replies to this discussion
Yes, and work on the project is slated to start early next 2016. After Dhobi Ghat, they have lined up 2 more projects where they want to invest in a similar manner. The company has undertaken the Dhobi Ghat project almost a decade after an agreement was signed between another developer and the Slum Redevelopment Authority. After getting the majority approval of slum dwellers, Omkar Realtors now plans to launch the project early next year.Yes, and work on the project is slated to start early next 2016. After Dhobi Ghat, they have lined up 2 more projects where they want to invest in a similar manner. The company has undertaken the Dhobi Ghat project almost a decade after an agreement was signed between another developer and the Slum Redevelopment Authority. After getting the majority approval of slum dwellers, Omkar Realtors now plans to launch the project early next year.
Q:
Yes, redevelopment projects on Brihanmumbai Municipal Corporation's leasehold plots are set to become easier.
My replies to this discussion
Hi Bulbul,
If i am not wrong, it also includes the granting an procedure of granting an NOC to get an Occupation Certificate for redevelopment of municipal leased property.Hi Bulbul,
If i am not wrong, it also includes the granting an procedure of granting an NOC to get an Occupation Certificate for redevelopment of municipal leased property.
Q:
Residents of flats on private forest land continue to face an uncertain future.
My replies to this discussion
But according to me it is not right. I think the SC order is being wrongly taken by the BJP government. A majority of the affected persons are slum-dwellers and poor farmers. Does the government expect each one of them to become a petitioner and obtain a fresh order?But according to me it is not right. I think the SC order is being wrongly taken by the BJP government. A majority of the affected persons are slum-dwellers and poor farmers. Does the government expect each one of them to become a petitioner and obtain a fresh order?
Q:
Will this policy be an an improvised, practical and a better version of the Centre's "Housing for All by 2022"?
Q:
Urban Development Ministry has announced the names of 98 cities which would be developed into smart cities having core infrastructure needed to improve urban living.
Q:
What will be the cost of 1BHK flat in Pushp Vinod 15, Borivali West?
My replies to this discussion
Cost of 1BHK in 457 sq-ft.(Carpet area) will be cost to you Rs.1.37 lacs all inclusive. In this price of Car parking Rs. 6.5 lacs + 10% service tax + VAT + maintenance charges will be included.Cost of 1BHK in 457 sq-ft.(Carpet area) will be cost to you Rs.1.37 lacs all inclusive. In this price of Car parking Rs. 6.5 lacs + 10% service tax + VAT + maintenance charges will be included.
Q:
Company is looking for strategic partner who can buy 40% of its stake in the project in the Mayfair locality of central London.
My replies to this discussion
Hi Mithdeb,
I heard that the founder and controlling shareholder Sameer Gehlaut invested Rs 240 crore in the company through preferential shares. Gehlaut also subscribed to Rs 80 crore of convertible warrants, which if converted will result in further equity infusion of Rs 230 crore in the first half of 2016-17. Therewith, the company could sell land holdings to further deleverage.
Hi Mithdeb,
I heard that the founder and controlling shareholder Sameer Gehlaut invested Rs 240 crore in the company through preferential shares. Gehlaut also subscribed to Rs 80 crore of convertible warrants, which if converted will result in further equity infusion of Rs 230 crore in the first half of 2016-17. Therewith, the company could sell land holdings to further deleverage.
Q:
Hey folks I am looking out to buy a 3bhk apartment in Mumbai any suggestions?
Q:
Please explain the process to change the name of my flat as my dad is no more
My replies to this discussion
Hi,
If your mother, sister and brother is alive then it is very necessary to register a Relinquishment Deed in your favor from your mother and sister at the concerned registrar. Because after the death of your father you, your mother and your sister all have inherited 1/3rd undivided equal share in the whole property of your father and they can released their share in favour of you by the virtue of Relinquishment Deed and after that you will be the owner of the whole property.Hi,
If your mother, sister and brother is alive then it is very necessary to register a Relinquishment Deed in your favor from your mother and sister at the concerned registrar. Because after the death of your father you, your mother and your sister all have inherited 1/3rd undivided equal share in the whole property of your father and they can released their share in favour of you by the virtue of Relinquishment Deed and after that you will be the owner of the whole property.
My replies to this discussion
Hi Surendra,
You may check your agreement with the builder whether there is any mention of VAT, ST or Govt Taxes and who will bear the same. If there is no mention then it is builder's responsibility.Hi Surendra,
You may check your agreement with the builder whether there is any mention of VAT, ST or Govt Taxes and who will bear the same. If there is no mention then it is builder's responsibility.
Hi all,
VAT is applicable only on Material cost @ 14.5% and ST is applicable only on Labour & Services Cost @ 12.36%. Please note that VAT may vary from state to state.Hi all,
VAT is applicable only on Material cost @ 14.5% and ST is applicable only on Labour & Services Cost @ 12.36%. Please note that VAT may vary from state to state.
My replies to this discussion
Hi Ramesh,
Ask developer to complete the house, or compensate for deficient service. Legal route is also available.Hi Ramesh,
Ask developer to complete the house, or compensate for deficient service. Legal route is also available.
Q:
ruparel arina (parel)mumbai. Developer-Ruparel Group.Status-under contrustion
My replies to this discussion
Yes, Ruparel Arena, Ruparel Realty located at Parel, Mumbai offers 2/3BHK luxury residential flats. It's sizes are available from 1250-1420 sq-ft. in 2BHk and 1900 sq-ft. in 3BHK. and its current price is Rs.18000/sq-ft. This project is strategically located opposite L&T Crescent Bay, Near Bhoiwada Junction, Parel East. It is a G73 storeys apartment spread over 2-acres of land consists 320 units.Yes, Ruparel Arena, Ruparel Realty located at Parel, Mumbai offers 2/3BHK luxury residential flats. It's sizes are available from 1250-1420 sq-ft. in 2BHk and 1900 sq-ft. in 3BHK. and its current price is Rs.18000/sq-ft. This project is strategically located opposite L&T Crescent Bay, Near Bhoiwada Junction, Parel East. It is a G73 storeys apartment spread over 2-acres of land consists 320 units.
Hello Shalini!!!
Currently, Ruparel Arena is under construction and it is expected that possession date will be 2018 end. All the major approvals such as FSI approved, CIDCO, KDMC, BMC, Karjat Taluka approved, Tahsildar of Karjat approved, VVMC and KBMC approvals are in place.
Al the financial institutions like HDFC, Axis, IDBI, HDFC etc. are funding this project. So, no doubt that project will not complete on time.Hello Shalini!!!
Currently, Ruparel Arena is under construction and it is expected that possession date will be 2018 end. All the major approvals such as FSI approved, CIDCO, KDMC, BMC, Karjat Taluka approved, Tahsildar of Karjat approved, VVMC and KBMC approvals are in place.
Al the financial institutions like HDFC, Axis, IDBI, HDFC etc. are funding this project. So, no doubt that project will not complete on time.
Q:
Hi,
My budget is 30L. I have shortlisted 2 projects. Shantee Sunshine Sapphire in Vasai and Ornate galaxy in Naigaon.
I am confused between two location. I am looking for investment and both seems good option and both has pro's and cons. I would like to ask experts about this which place is better?
My replies to this discussion
Hi Chinmay!!!
Naigaon is one of the best residential localities in Mumbai reagion for the following reasons. 1) Low cost - is One of the major benefits of the localities in Mumbai where you can get a flat for less than 20 lakhs. 2) Connectivity - Naigaon is just 10 kms from Mumbai limits, well connected by rail and road. 3) Proposed bridge - there is a proposed bridge to be built over the Naigaon which will make reaching Mumbai faster and easier.Hi Chinmay!!!
Naigaon is one of the best residential localities in Mumbai reagion for the following reasons. 1) Low cost - is One of the major benefits of the localities in Mumbai where you can get a flat for less than 20 lakhs. 2) Connectivity - Naigaon is just 10 kms from Mumbai limits, well connected by rail and road. 3) Proposed bridge - there is a proposed bridge to be built over the Naigaon which will make reaching Mumbai faster and easier.
Q:
Kesar Exotica has still not received oc.Can we buy in this property?What are the risks involved?
Q:
Kalpataru Woods Ville is loacted at Chandivali powai in Mumbai city, and has great residential facilities such as super building, gallery, lawn and have great infrastructure. this is auspicious place and renowned for its commercial, social & industrial development. kalpataru Woodsville is surrounded with lush green garden in Mumbai and spread through your eyes can reach. It has best interior and exterior amenities such as have a hall, bedroom, washroom and kitchens, all are decorated by the great team of experts. from exterior, you experience a heaven in the world as front walls are painted with cream and white colors.So that it has great features that make it different from others. For more information you visit: -
http://www.kalpataruwoodsville.newprojectlaunch.in/
Q:
Can anybody share with me about their experience with buying Romell Umiya Grandeur? Also whether the building has received OC? Thanks,
My replies to this discussion
Hi Ravi,
Grandeur is priced at around Rs. 15000/ sq-ft now. They have 2 BHK of 1215 sq-ft (with 700 + carpet) and 3 BHK 1560 sq-ft (900 + carpet). I believe one can try and negotiate between Rs. 500-1000 discount. If one get 2 BHK around 1.6 cr. + taxes, should be a good deal.Hi Ravi,
Grandeur is priced at around Rs. 15000/ sq-ft now. They have 2 BHK of 1215 sq-ft (with 700 + carpet) and 3 BHK 1560 sq-ft (900 + carpet). I believe one can try and negotiate between Rs. 500-1000 discount. If one get 2 BHK around 1.6 cr. + taxes, should be a good deal.
Q:
Does anyone know When will the construction start? It's exactly the same state as it was one year before. :(
Hoping to get answer
My replies to this discussion
HI Saran and Shubham!!!
If it is like that then need to check if this is a land allocated for dumping and/or part of mangroves belt. Also understand that the land adjacent to JVLR and highway is allotted for Metro Car shed... any inputs in it?HI Saran and Shubham!!!
If it is like that then need to check if this is a land allocated for dumping and/or part of mangroves belt. Also understand that the land adjacent to JVLR and highway is allotted for Metro Car shed... any inputs in it?
Q:
Hi,
I have seen in their site that booking amount will be Rs.5555 only? Is it true? Can i get some useful information on it?
My replies to this discussion
Hello Shalini,
Aarambh Residency by Shree Ram Developers located at Neral, Mumbai. It is offering 1, 1.5 and 2BHK residential flats. Sizes of flats are available from 680 - 805 sq.ft. in 1BHK, 700 - 780 sq.ft. in 1.5BHK and 800 - 880 sq.ft. in 2BHK. Its current price quoted by the developer is Rs.2700/sq-ft. It is a G+8 storey apartments consists 490 units in 12-towers. This project is under construction and ready-to-move by December'2018.Hello Shalini,
Aarambh Residency by Shree Ram Developers located at Neral, Mumbai. It is offering 1, 1.5 and 2BHK residential flats. Sizes of flats are available from 680 - 805 sq.ft. in 1BHK, 700 - 780 sq.ft. in 1.5BHK and 800 - 880 sq.ft. in 2BHK. Its current price quoted by the developer is Rs.2700/sq-ft. It is a G+8 storey apartments consists 490 units in 12-towers. This project is under construction and ready-to-move by December'2018.
Q:
Hello all, what is the current rate of 2BHK in this property. I like the location & plan.
My replies to this discussion
HI Anurag,
Current price of a 2BHK flat in Acme Avenue, Kandivali West id Rs. 10800-12960/sq-ft.HI Anurag,
Current price of a 2BHK flat in Acme Avenue, Kandivali West id Rs. 10800-12960/sq-ft.
Q:
I need some information of this project as i am looking for a 2BHK flat in Oshiwara, Mumbai?
My replies to this discussion
Hi,
BBJ Oshi, Oshiwara, Jogeshwari West is a BMC approved project and IOD and CC are in place. Banks such as HDFC, LIC HFL, ICICI, SBI have approved it. Currently, this project is under construction.Hi,
BBJ Oshi, Oshiwara, Jogeshwari West is a BMC approved project and IOD and CC are in place. Banks such as HDFC, LIC HFL, ICICI, SBI have approved it. Currently, this project is under construction.
Q:
I came across NexHomesFest online which is by Marathon Group. if anyone has bought property through this ad. Please Let me know ASAP.
My replies to this discussion
Marathon Realtys NexHomesFest brings budget flats in Panvel, Badlapur, Dombivli & Kalyan Shil Road starting from 30 Lakhs with Flexi Payment options & discounts on Online booking. This offer is valid till 28th April, 2017. They are planning to deliver more than 15000 homes in the nest 5 years under Nex Homes segment.Marathon Realtys NexHomesFest brings budget flats in Panvel, Badlapur, Dombivli & Kalyan Shil Road starting from 30 Lakhs with Flexi Payment options & discounts on Online booking. This offer is valid till 28th April, 2017. They are planning to deliver more than 15000 homes in the nest 5 years under Nex Homes segment.
Q:
Approvals are not clear and if you will ask CRM they will terminate your booking and forfeit your booking amount as you are late to ask that or u have no right to do so
My replies to this discussion
Hi,
I am planning to buy a 2BHK flat in Kandivali West? May i know the builders track record and history of delivering project?Hi,
I am planning to buy a 2BHK flat in Kandivali West? May i know the builders track record and history of delivering project?
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 replies to this discussion
According to the Schedule 2 of the GST Act, renting out of an immovable property would be treated as a supply of services. GST, however, will be applicable only on certain types of rent such as a) When a property is given out on lease, rent, easement, or licensed to occupy, b) When any property is leased out (or let out) including a commercial, industrial, or residential property for business (either partly or wholly). These type of renting are considered as a supply of services. Service tax was set at 15% of the rent for commercial properties.According to the Schedule 2 of the GST Act, renting out of an immovable property would be treated as a supply of services. GST, however, will be applicable only on certain types of rent such as a) When a property is given out on lease, rent, easement, or licensed to occupy, b) When any property is leased out (or let out) including a commercial, industrial, or residential property for business (either partly or wholly). These type of renting are considered as a supply of services. Service tax was set at 15% of the rent for commercial properties.
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
Right Anuj.....But still many states are playing a political game on it. They still not adopted this Act in their states. And where this law has been imposed has seen a lot of strict against the builders. Many builders across country have been fined for their delay possession of their projects.Right Anuj.....But still many states are playing a political game on it. They still not adopted this Act in their states. And where this law has been imposed has seen a lot of strict against the builders. Many builders across country have been fined for their delay possession of their projects.
Q:
I am searching for 1bhk.
I have budget of 30 lacks.
I m confuse between Kalyan west and Virar west.
Please suggest
Q:
Shapoorji Pallonji Bandra is the superb luxurious apartment in Bandra Mumbai. The Apartment is developed by using the latest technology and modern machinery equipment & tools. The developer inaugurated this property with the name of Shapoorji Pallonji Bandra which offers ultra-modern spacious flats.
Main Facts of Shapoorji
This region is surrounded by the beautiful greeneries and trees which creates a cool and healthy atmosphere around the region.
The buildings of Shapoorji Pallonji Bandra Mumbai property is stood on the crutch of the solid base.
Elegant interior and exterior are used for decorating every apartment.
Close proximity to the Bandra Railway Station and bus stand
Connectivity through Western Express Highway, Hill Road, Carter Road, Linking Road and Turner Road
