Q:
Why are the builders of several cities against the real estate bill 2011?
Q:
When the project will complete? Has builder got all the permissions? Do you have any idea? -Sasmira
My replies to this discussion
Hi all,
Is it true that after waiting for over 3 yrs to gain possession of their flats, home buyers of a LBS Marg, Kurla project have filed an FIR for failing to give possession to people who bought flats in their Premier Residences project after taking full payment from them? I am planning to buy a resale flats in it. Will it be a right decision? I need your advice?Hi all,
Is it true that after waiting for over 3 yrs to gain possession of their flats, home buyers of a LBS Marg, Kurla project have filed an FIR for failing to give possession to people who bought flats in their Premier Residences project after taking full payment from them? I am planning to buy a resale flats in it. Will it be a right decision? I need your advice?
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
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 replies to this discussion
Hi all,
Can anyone help me with info of new residential projects in Airoli? Also what is current rate of residential property is going on in Airoli?Hi all,
Can anyone help me with info of new residential projects in Airoli? Also what is current rate of residential property is going on in Airoli?
Q:
What is the latest news in Delhi-Mumbai Industrial Corridor, is the deal final?or still pending?
My replies to this discussion
Hi Folks,
The Ahmedabad-Dhaulera Investment Region in Gujarat, and the Shendra-Bidkin Industrial Park near Aurangabad in Maharashtra, are now in a position to start work on basic infrastructure.
The Dholera Special Investment Region is about 100 km from Ahmedabad, and is being developed by the DMIC Development Corporation with Japanese funding of around $4.5 billion.
While the Dholera smart city is being developed as a greenfield city that will use ICT technology for management of amenities such as drainage, traffic and water supplies.Hi Folks,
The Ahmedabad-Dhaulera Investment Region in Gujarat, and the Shendra-Bidkin Industrial Park near Aurangabad in Maharashtra, are now in a position to start work on basic infrastructure.
The Dholera Special Investment Region is about 100 km from Ahmedabad, and is being developed by the DMIC Development Corporation with Japanese funding of around $4.5 billion.
While the Dholera smart city is being developed as a greenfield city that will use ICT technology for management of amenities such as drainage, traffic and water supplies.
Q:
Which is a better place to invest Ulwe or Panvel in Navi Mumbai?
My replies to this discussion
Apart from that there are a number of reasons that offer a better future for property investment in this new city, which are discussed below: Investment Cost, Infrastructure, Environment, Real Estate and Security.
Thus, with the availability of an option for a better lifestyle, better infrastructure projects and a high scope for the real estate builders and developers, Navi Mumbai has become an interesting option for the investment in the property sector.Apart from that there are a number of reasons that offer a better future for property investment in this new city, which are discussed below: Investment Cost, Infrastructure, Environment, Real Estate and Security.
Thus, with the availability of an option for a better lifestyle, better infrastructure projects and a high scope for the real estate builders and developers, Navi Mumbai has become an interesting option for the investment in the property sector.
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.
My replies to this discussion
Hi everybody,
There are many reasons for project delay. While some project delays are caused due to developer's fault, delay in securing in project approval also lead to project delay. Consumers should be aware that a certain degree of due diligence and awareness about their rights can protect them against immoral practices by developers.Hi everybody,
There are many reasons for project delay. While some project delays are caused due to developer's fault, delay in securing in project approval also lead to project delay. Consumers should be aware that a certain degree of due diligence and awareness about their rights can protect them against immoral practices by developers.
Q:
Hi, The possession has been delayed more than a year now and it seems it would be another 6 months to go. Is there anything which can be done about this? Is the builder reliable enough?
Q:
is there any kind of issue or i bluff with builder.pls suggest me what should i do
Sadiq,
Apartment Resident
2nd February 2014
Q:
What are the hidden charges I should take care of before taking home loan from a bank?
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 replies to this discussion
@Kishore,
But if you are planning to buy property within the Municipal limits of Mumbai, is exactly the localities which I mentioned i.e. Sewri, Wadala, Goregaon (East) and certain areas of Chembur. I would also say Bhandup, Kanjur Marg, when you compare LBS Marg vs Western Express Highway, there is a big delta in terms of valuation. That area looks very attractive.@Kishore,
But if you are planning to buy property within the Municipal limits of Mumbai, is exactly the localities which I mentioned i.e. Sewri, Wadala, Goregaon (East) and certain areas of Chembur. I would also say Bhandup, Kanjur Marg, when you compare LBS Marg vs Western Express Highway, there is a big delta in terms of valuation. That area looks very attractive.
Q:
I would like to know the net cost for this purchase including all applicable expenses like registration, Stamp duty, Brokerage, Cidco transfer fees, Society charge etc.
Q:
It would be good if you all can share details about the project
My replies to this discussion
Hey Everybody,
Real estate trend in Kanjurmarg is quite lucrative and the average real estate price in Kanjurmarg is Rs. 13660/ sq. ft., with the minimum and maximum price being Rs. 10350/sq-ft. and Rs. 18000/sq. ft., respectively.
Property rates in Kanjurmarg have risen by upto 40.8% in last 6 months as per real estate data.Hey Everybody,
Real estate trend in Kanjurmarg is quite lucrative and the average real estate price in Kanjurmarg is Rs. 13660/ sq. ft., with the minimum and maximum price being Rs. 10350/sq-ft. and Rs. 18000/sq. ft., respectively.
Property rates in Kanjurmarg have risen by upto 40.8% in last 6 months as per real estate data.
Q:
What can the real estate sector expect from the union budget 2015-2016?
Q:
Thats Great actually... What is the reason that authority has chosen BKC to transform as a Smart City?
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
@Anirudh,
And it is also expected that if the model get approval by the political decision-makers, is expected to generate a sizable share of affordable housing component for MHADA on all such lands instead of giving away the sale component under the developer-led model.@Anirudh,
And it is also expected that if the model get approval by the political decision-makers, is expected to generate a sizable share of affordable housing component for MHADA on all such lands instead of giving away the sale component under the developer-led model.
Q:
Hi, Has there been any change in Mumbai property taxes?
Q:
Hi, How are the rentals and sales in Andheri East?
My replies to this discussion
Hello sir,
Andheri East witnesses a good demand for rental housing. This is mainly from people who work in the nearby industrial and business areas. The approximate rent in the area is about Rs 35-45/sq-ft.
Property rates in the area are seeing an upward trend due to the operational and upcoming metro, infrastructure upgrades and plans of rehabilitating some of the slums. Hence, if you want to live close to the posh suburbs of Mumbai as well as the key business areas at a much lower cost, Andheri East offers a good option.Hello sir,
Andheri East witnesses a good demand for rental housing. This is mainly from people who work in the nearby industrial and business areas. The approximate rent in the area is about Rs 35-45/sq-ft.
Property rates in the area are seeing an upward trend due to the operational and upcoming metro, infrastructure upgrades and plans of rehabilitating some of the slums. Hence, if you want to live close to the posh suburbs of Mumbai as well as the key business areas at a much lower cost, Andheri East offers a good option.
Q:
Good news for property buyers! The Union Cabinet has approved the Real Estate Development and Regulation Bill along with certain key amendments.
Q:
Hi, has anyone booked a flat in Sanaya Astrio, Mulund West? What is the price of 3BHK?
Q:
Hi, Can anybody share the launch date of Omkar Kenspeckle, Andheri East?
Q:
Can anyone tell me what are the reason for breaking of the Mumbai's Shanghai Dreams?
My replies to this discussion
Hey Ravi and Abhi,
Don't forget that Higher FSI is also playing major role in project delay. The Municipal Corporation of Greater Mumbai had proposed in February to increase the Floor Space Index to range between 2 and 8, compared with an earlier cap of 1.33. The FSI determines the maximum floor area allowed in a building comparable to the land. A higher number means more apartments can be built on a piece of land.Hey Ravi and Abhi,
Don't forget that Higher FSI is also playing major role in project delay. The Municipal Corporation of Greater Mumbai had proposed in February to increase the Floor Space Index to range between 2 and 8, compared with an earlier cap of 1.33. The FSI determines the maximum floor area allowed in a building comparable to the land. A higher number means more apartments can be built on a piece of land.
Q:
Hi,
I am planing to purchase the flat in Orchid residency harigram panvel. Project NOC by DC Raigad.
HDFC ready the provide the Loan. Please suggest all paper has clear for this project.
Q:
How Budget 2015-16 affects real estate sector?
My replies to this discussion
Cheer Guys,
The government is getting ready to launch PM Narendra Modi's most committed scheme "Housing for all by 2022". Mr. PM is likely to launch the scheme as an umbrella mission, recounting all affordable housing schemes and slum redevelopment projects. And it is expected to be launched by mid of the June'2015.Cheer Guys,
The government is getting ready to launch PM Narendra Modi's most committed scheme "Housing for all by 2022". Mr. PM is likely to launch the scheme as an umbrella mission, recounting all affordable housing schemes and slum redevelopment projects. And it is expected to be launched by mid of the June'2015.
Q:
If you are looking for ready-to-move property then Andheri West would be the right destination.
My replies to this discussion
Hi Sandeep,
Can you tell me which are the key growth factors of Andheri West as a residential area? As i heard that it is very close to the Mumbai International Airport and important business hubs like Bandra Kurla Complex (BKC) and SEEPZ SEZ.Hi Sandeep,
Can you tell me which are the key growth factors of Andheri West as a residential area? As i heard that it is very close to the Mumbai International Airport and important business hubs like Bandra Kurla Complex (BKC) and SEEPZ SEZ.
Q:
When are they giving possession for Oberoi Prisma, Andheri East?
My replies to this discussion
Hi Ramesk,
They are giving possession for Prisma, Andheri East, Mumbai in December 2016.Hi Ramesk,
They are giving possession for Prisma, Andheri East, Mumbai in December 2016.
Q:
Do you know? In the past 4 months, CIDCO has given commencement certificate to 8 projects under the pilot project of development of 23 villages in Panvel tehsil.
My replies to this discussion
Hi Kailash,
Row House by Swastik at Ghansoli, Mumbai (All) is a esidential project in Ghansoli, Navi Mumbai Row House by Swastik is nominally priced and is very conveniently located. The surroundings provide access to facilities like hospitals, schools, banks, convenience store etc. It offers 2/3 BHK residential Row Houses. The project offers world class residential units with latest specifications that meet the expectations of the urban lifestyle. This project was launched in the year 1999 and handed over the possession In December'2001. At present there is not a single flats available for sale.Hi Kailash,
Row House by Swastik at Ghansoli, Mumbai (All) is a esidential project in Ghansoli, Navi Mumbai Row House by Swastik is nominally priced and is very conveniently located. The surroundings provide access to facilities like hospitals, schools, banks, convenience store etc. It offers 2/3 BHK residential Row Houses. The project offers world class residential units with latest specifications that meet the expectations of the urban lifestyle. This project was launched in the year 1999 and handed over the possession In December'2001. At present there is not a single flats available for sale.
Q:
Due to infrastructural development and excellent connectivity the planned satellite township of Navi Mumbai has witnessed tremendous real estate development in recent years.
My replies to this discussion
Hi Anuskha,
This could be the one reason for a large number of of investors, both from Mumbai and Pune, are choosing Navi Mumbai as their second home destination, and Kopar Khairane ranks high on their list of preferred destinations because of its location near the Mumbai-Pune Expressway and very good connectivity to various key city centres via its strong rail and road network.Hi Anuskha,
This could be the one reason for a large number of of investors, both from Mumbai and Pune, are choosing Navi Mumbai as their second home destination, and Kopar Khairane ranks high on their list of preferred destinations because of its location near the Mumbai-Pune Expressway and very good connectivity to various key city centres via its strong rail and road network.
Q:
Which are the key factors giving boost to the Panvels realty growth?
My replies to this discussion
Hi Mansoor,
Panvel is one of the fastest growing realty markets in Navi Mumbai and the Mumbai Metropolitan Region
(MMR), due to many factors. While excellent connectivity and the upcoming international airport play a key role in giving a boost to the areas realty growth, an increasing need for affordable housing in MMR has been another driving factor behind the realty growth of this area.Hi Mansoor,
Panvel is one of the fastest growing realty markets in Navi Mumbai and the Mumbai Metropolitan Region
(MMR), due to many factors. While excellent connectivity and the upcoming international airport play a key role in giving a boost to the areas realty growth, an increasing need for affordable housing in MMR has been another driving factor behind the realty growth of this area.
Q:
It is true that the proposed Land Acquisition Bill would not impact the real estate sector in the country if handled in the right perspective and right manner.
My replies to this discussion
Good evening everybody,
The select committee of Rajya Sabha is expected to table its report on the Real Estate (Regulation and Development) Bill, 2013 today. Cheers for the buyers....Good evening everybody,
The select committee of Rajya Sabha is expected to table its report on the Real Estate (Regulation and Development) Bill, 2013 today. Cheers for the buyers....
Q:
After getting the last crucial approval for Navi Mumbais proposed international airport, CIDCO has handed over 250 hectares of land instead of 108 acres of mangroves that will be taken over for the project.
My replies to this discussion
@Shreya,
I can nor forget specially, because i made a lot of money selling my plot there at a higher rate. With the airport's construction finally on track, the real estate markets around are likely to wintess a recovery. Experts believe that in the future, there will definitely be price rise in these areas, especially after the current inventory is cleared.@Shreya,
I can nor forget specially, because i made a lot of money selling my plot there at a higher rate. With the airport's construction finally on track, the real estate markets around are likely to wintess a recovery. Experts believe that in the future, there will definitely be price rise in these areas, especially after the current inventory is cleared.
Q:
After "Smart Cities" state govt. is planning to develop smart villages.
My replies to this discussion
Hi Lewin and all.....
It is not so easy. Firstly, they will have to make a presentation about the smart village scheme before chief minister Devendra Fadnavis and then put it before the state cabinet. The eligibility of these villages will be decided on vast parameters like whether the primary health centres there are operational, percentage of institutional deliveries, male/female ratio, the rise or fall in child numbers.Hi Lewin and all.....
It is not so easy. Firstly, they will have to make a presentation about the smart village scheme before chief minister Devendra Fadnavis and then put it before the state cabinet. The eligibility of these villages will be decided on vast parameters like whether the primary health centres there are operational, percentage of institutional deliveries, male/female ratio, the rise or fall in child numbers.
Q:
Hey!!! i want to know the various cost involve in under construction properties.
My replies to this discussion
I agree with Vinay!!!!
There are multiple costs that need to be paid directly to the builder at various stages. These include the following: 1) Basic Cost,
2) Parking Charges,
3) Infrastructure Development Charges (IDC),
4) External Development Charges (EDC),
5) Maintenance Charges,
6) Amenities Charges,
7) Prentiarefel Location Charges (PLC),
I agree with Vinay!!!!
There are multiple costs that need to be paid directly to the builder at various stages. These include the following: 1) Basic Cost,
2) Parking Charges,
3) Infrastructure Development Charges (IDC),
4) External Development Charges (EDC),
5) Maintenance Charges,
6) Amenities Charges,
7) Prentiarefel Location Charges (PLC),
Basic Cost:- The rate per sq. ft. multiplied with the super built-up area of the unit gives the basic cost of the property. This is the main cost of the property and usually comprises about 80 per cent of the total amount that a buyer pays. This amount is paid to the builder directly at different stages as per the builder guidelines.
Parking Charges:- Parking charges usually comprise of 3-4 per cent of the total property cost. The price usually varies from Rs 2.5-3 lakh or even more depending on the size of the parking space, builder type and other multiple factors. Some builders may also provide two car parking in their luxury projects but at an additional cost.Basic Cost:- The rate per sq. ft. multiplied with the super built-up area of the unit gives the basic cost of the property. This is the main cost of the property and usually comprises about 80 per cent of the total amount that a buyer pays. This amount is paid to the builder directly at different stages as per the builder guidelines.
Parking Charges:- Parking charges usually comprise of 3-4 per cent of the total property cost. The price usually varies from Rs 2.5-3 lakh or even more depending on the size of the parking space, builder type and other multiple factors. Some builders may also provide two car parking in their luxury projects but at an additional cost.
Q:
What is the current status of construction work in Mahalaxmi Aangan?
My replies to this discussion
Hi everybody,
I was inquired about this project and want to share some details of it. Mahalaxmi Angan by Mahalaxmi Developers located at Panvel, Navi Mumbai. It offers 1/1.5/2/2.5/3 bhk flats. It's sizes are1BHK in 470 sq-ft., 1.5bhk in 490 sq-ft., 2BHK in 504-520 sq-ft and 2.5bhk in 600 sq-ft. It is a G+3 soreys apartments consists more than 225 flats in 19-wings.Hi everybody,
I was inquired about this project and want to share some details of it. Mahalaxmi Angan by Mahalaxmi Developers located at Panvel, Navi Mumbai. It offers 1/1.5/2/2.5/3 bhk flats. It's sizes are1BHK in 470 sq-ft., 1.5bhk in 490 sq-ft., 2BHK in 504-520 sq-ft and 2.5bhk in 600 sq-ft. It is a G+3 soreys apartments consists more than 225 flats in 19-wings.
Hi Manish,
They are currently quoting Rs. 2700/sq-ft. and a 1bhk in 470 sq-ft. will cost you Rs.16 lacs all including while a 1.5 BHK in 490 sq-ft. will cost you Rs. 16.65 lacs all including. Whereas a 2 and 2.5BHK from 504-600 sq-ft. will cost around Rs.24 lacs to 31 lacs all including.
You have to pay Rs. 50000 as a booking amount and rest of the amount as per the payment schedule. The date of possession will be February,2017.Hi Manish,
They are currently quoting Rs. 2700/sq-ft. and a 1bhk in 470 sq-ft. will cost you Rs.16 lacs all including while a 1.5 BHK in 490 sq-ft. will cost you Rs. 16.65 lacs all including. Whereas a 2 and 2.5BHK from 504-600 sq-ft. will cost around Rs.24 lacs to 31 lacs all including.
You have to pay Rs. 50000 as a booking amount and rest of the amount as per the payment schedule. The date of possession will be February,2017.
Q:
Private players can play a major role in achieving the target of "Housing for all" by 2022.
My replies to this discussion
Right Shreya,
And slum dwellers don't need to woory. Either houses will be constructed at the same place or you will be provided housing at other place. But before that no one will be ousted from their existing houses.Right Shreya,
And slum dwellers don't need to woory. Either houses will be constructed at the same place or you will be provided housing at other place. But before that no one will be ousted from their existing houses.
Q:
It indicates that the buying properties in Mumbai is beyond the reach of most of the city's prospective home buyers.
Q:
The Rs.12000 crore coastal road project of connecting South Mumbai with the Western Suburbs could get stalled due to legal actions.
My replies to this discussion
According to me, they were not taking up the road cum rail bridge between Nava Sheva and Sewree which would have nearly reduced by as much as two thirds the daily travel time of the Mumbai and Navi Mumbaikars apart from giving the two ports MBT and JNPT another vital railway connection to the rest of the country.According to me, they were not taking up the road cum rail bridge between Nava Sheva and Sewree which would have nearly reduced by as much as two thirds the daily travel time of the Mumbai and Navi Mumbaikars apart from giving the two ports MBT and JNPT another vital railway connection to the rest of the country.
Q:
Credai has filed complaint with fair trade regulator CCI against cement manufacturers complaining manipulation in prices of construction material that have risen by up to 40% in last 2 months.
Q:
Any price updates on Motiram Privilege by Vanita Enterprises will be highly appreciated.
Q:
MIG (Bandra) Realtors & Builders a subsidiary arm of Mumbai based DB Realty is proposing to enter into a joint venture agreement with Vishwaroop Estates and Developers (part of Radius Group) for the development of a project at Bandra.
My replies to this discussion
Hi,
It is come to know that the total built-up area of the project is expected to be over 2.4 million sq-ft. And DB Realty had informed BSE that it has started development of this land parcel spread across 5 acres.
Hi,
It is come to know that the total built-up area of the project is expected to be over 2.4 million sq-ft. And DB Realty had informed BSE that it has started development of this land parcel spread across 5 acres.
Q:
Is it a good idea to buy in far flung and underdeveloped locations such as Ulwe or in interior Panvel? What is ur view on it?
My replies to this discussion
Hi,
Ulwe or the interiors of Panvel make good investment sense because of the upcoming developments in the region, such as the new international airport and the trans-harbour road.Hi,
Ulwe or the interiors of Panvel make good investment sense because of the upcoming developments in the region, such as the new international airport and the trans-harbour road.
Right Abhishek,
And the reason is very simple as it is well connected with other parts of Navi Mumbai, and is relatively affordable. A 1BHK in Ulwe still costs only about 25-30 lakh, and such an investment will certainly grow over the mid- to long term with further development of the area.Right Abhishek,
And the reason is very simple as it is well connected with other parts of Navi Mumbai, and is relatively affordable. A 1BHK in Ulwe still costs only about 25-30 lakh, and such an investment will certainly grow over the mid- to long term with further development of the area.
Q:
The NDA Govt. is getting ready to diminish the size and speed of its smart city mission.
Q:
pls suggest me that which option I should opt & Which will give good return in future ,which project is better construction wise, ammenitiesn also?
My replies to this discussion
Hi folks,
I think you should go for Royal Diamond Isle phase-1 as the project is ready-to-move.Hi folks,
I think you should go for Royal Diamond Isle phase-1 as the project is ready-to-move.
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 all,
Now there are millions of people who have taken home loan and there are various parameters on which a bank can be ranked like Processing time for home loan, Transparency in whole process, Attitude towards customer, Interest rates and pre-payment charges, online tracking of your home loan after disbursement.
As per survey result, it is found that SBI-42% whereas HDFC Bank-17.5%. So, i will suggest you to go with SBI.Hi all,
Now there are millions of people who have taken home loan and there are various parameters on which a bank can be ranked like Processing time for home loan, Transparency in whole process, Attitude towards customer, Interest rates and pre-payment charges, online tracking of your home loan after disbursement.
As per survey result, it is found that SBI-42% whereas HDFC Bank-17.5%. So, i will suggest you to go with SBI.
Q:
My age is 35.
Staying at mulund with family.is it worth to buy flat in titwala for investment purpose at 22 L 1BHK by taking homeloan for 15 years. ?
Its ready flat. new construction.
Please guide me.
My replies to this discussion
Hi Bhavesh,
Titwala is an emerging residential destination of Thane district in Maharashtra. It's improving infrastructure and rising demand of affordable housing make it a hot spot for the home buyers. It is a small town located 23 km from Kalyan and Dombivli on the banks of river Kalu. It offers excellent connectivity via Kalyan-Ahmednagar Highway and NH-3. The area has good, wide roads. Titwala railway station is the 3rd one from Kalyan on the Mumbai-Kasara route along the central line. The nearest commercial centres are Bhiwandi and Ambarnath (20-23 km). All the basic necessities are nearby. So, overall Ttwala is a good place for investment as well as for end users.Hi Bhavesh,
Titwala is an emerging residential destination of Thane district in Maharashtra. It's improving infrastructure and rising demand of affordable housing make it a hot spot for the home buyers. It is a small town located 23 km from Kalyan and Dombivli on the banks of river Kalu. It offers excellent connectivity via Kalyan-Ahmednagar Highway and NH-3. The area has good, wide roads. Titwala railway station is the 3rd one from Kalyan on the Mumbai-Kasara route along the central line. The nearest commercial centres are Bhiwandi and Ambarnath (20-23 km). All the basic necessities are nearby. So, overall Ttwala is a good place for investment as well as for end users.
Q:
Has the OC being obtained for Puranik City Barcelona L wing?
If any owners / residents of Puranik City Barcelona L wing are on the forum, can you please share your experiences, both buying and living...
My replies to this discussion
Hi Aditya!!!
They are yet to start construction in this project. But they claim having received CC for one of the towers.Hi Aditya!!!
They are yet to start construction in this project. But they claim having received CC for one of the towers.
Q:
Can anybody share with me about their experience with Chandak group? Have they met up to their expectations? Any caution points. Thanks
My replies to this discussion
Hi.
Currently developers is quoting Rs.15111/sq-ft. but no buyers at this rate so be careful. Check all the legal papers, verify the paper with the help of a legal expert, see the connectivity and approach road, daily basic amenities from the project site, transport facilities in the locality and visit the project site and see the construction material used in the project for a safer bet.Hi.
Currently developers is quoting Rs.15111/sq-ft. but no buyers at this rate so be careful. Check all the legal papers, verify the paper with the help of a legal expert, see the connectivity and approach road, daily basic amenities from the project site, transport facilities in the locality and visit the project site and see the construction material used in the project for a safer bet.
Q:
Planning to buy independent house in meerut and need some reviews regarding Vardhaman Emrald Green project by Ajanta Colonizer. Is it MDA approved?
My replies to this discussion
Hi Anurag!!
Ajanta Vardhman Emerald Greens is an international standard residential complex located on the Roorkee Road in Meerut. This project is spread over 16 acres of land and offering 2,3 and 4BHK flats. Sizes of the flats are available from 927/962/880/930 sq-ft. in 2BHK, 1173/1236/1260/1350 sq-ft. in 3BHK and 1703 sq-ft. in 4BHK Villa. This project is ready-to-move and still few flats are available from builder as well as in resale option.Hi Anurag!!
Ajanta Vardhman Emerald Greens is an international standard residential complex located on the Roorkee Road in Meerut. This project is spread over 16 acres of land and offering 2,3 and 4BHK flats. Sizes of the flats are available from 927/962/880/930 sq-ft. in 2BHK, 1173/1236/1260/1350 sq-ft. in 3BHK and 1703 sq-ft. in 4BHK Villa. This project is ready-to-move and still few flats are available from builder as well as in resale option.
Yes, Ajanta Vardhman Emerald Greens is a MDA approved project and IOD and Commencement Certificate are in place. As far as Bank loan is concerned, HDFC and PNB Housing Finance have approved.Yes, Ajanta Vardhman Emerald Greens is a MDA approved project and IOD and Commencement Certificate are in place. As far as Bank loan is concerned, HDFC and PNB Housing Finance have approved.
Q:
Good appreciation rate and location
My replies to this discussion
Hi Neil,
As you have written in your query that you are looking for investment in Mumbai. So, i would like to tell you that Mumbai, being the most expensive realty markets in India, gives less opportunities to small-term investors to fulfill their property dreams. There are nos of areas in Eastern suburbs with upcoming projects which has not yet attracted to investors because of its unaffordable price tag. The neighboring regions of Navi Mumbai has been successful in attracting the interest of home buyers. Properties in these localities have earned profitable capital returns in the past. These localities are Ulwe, Kamothe, Karanjade and Dronagiri are some localities which can give you better return in future. These are might see growth in the coming yrs due to upcoming International Airport in Navi Mumbai where construction work has started.Hi Neil,
As you have written in your query that you are looking for investment in Mumbai. So, i would like to tell you that Mumbai, being the most expensive realty markets in India, gives less opportunities to small-term investors to fulfill their property dreams. There are nos of areas in Eastern suburbs with upcoming projects which has not yet attracted to investors because of its unaffordable price tag. The neighboring regions of Navi Mumbai has been successful in attracting the interest of home buyers. Properties in these localities have earned profitable capital returns in the past. These localities are Ulwe, Kamothe, Karanjade and Dronagiri are some localities which can give you better return in future. These are might see growth in the coming yrs due to upcoming International Airport in Navi Mumbai where construction work has started.
Q:
Where is the project Freeway 37 strategically located in Wadala? How is the project locality and the connectivity?
My replies to this discussion
Hi,
Trans India Freeway 37 is a ongoing project, strategically located at Mumbai's prime neighborhood of Wadala East. Bandra Kurla Complex is only 25 mins away from Wadala via the BKC Road. It is close to traditional CBD areas such as Parel and Lower Parel. Wadala has a number of flyovers such as Anik Panjrapol Link Road, Elevated Road and Santacruz flyover. It offers excellent road connectivity to Thane via the Eastern Highway. Sion, Circle, Dadar and other areas in Mumbai city can be easily accessible within 15 to 20 minutes. Improved connectivity through the Kurla-Santacruz Flyover, Bridge, Masjid Bridge and Anik Panjarpol Link Road are additional advantages.Hi,
Trans India Freeway 37 is a ongoing project, strategically located at Mumbai's prime neighborhood of Wadala East. Bandra Kurla Complex is only 25 mins away from Wadala via the BKC Road. It is close to traditional CBD areas such as Parel and Lower Parel. Wadala has a number of flyovers such as Anik Panjrapol Link Road, Elevated Road and Santacruz flyover. It offers excellent road connectivity to Thane via the Eastern Highway. Sion, Circle, Dadar and other areas in Mumbai city can be easily accessible within 15 to 20 minutes. Improved connectivity through the Kurla-Santacruz Flyover, Bridge, Masjid Bridge and Anik Panjarpol Link Road are additional advantages.
Q:
I heard that Belondakhar is acquired by CIDCO and CIDCO will give the 12.50 % plot. My question is if we purchase land in Belondakhar now then CIDCO will give us 12.5% plot%.
What option is better Vindhane or Belondakhar?
Please help me.
Regards,
Kiran Ingle
My replies to this discussion
Hi,
I would not advice you to go with transaction. It seems to be a little fishy and requires examination of all documents. Thus, better consult in person a nearby property lawyer with all documents.Hi,
I would not advice you to go with transaction. It seems to be a little fishy and requires examination of all documents. Thus, better consult in person a nearby property lawyer with all documents.
Q:
Any good residential projects in Boisar for investment purpose?
My replies to this discussion
I think Panvel and Boisar both have performed well in the past and the uptrend is here to stay because of shortage of budget housing options in Mumbai. The developers have expand peripheral areas having huge land parcels at reasonable rates and new localities such as Ambivali, Boisar, Palghar, Vasind and Badlapur are developing as budget housing destinations. So, investing in any one of them would reap you benefits.I think Panvel and Boisar both have performed well in the past and the uptrend is here to stay because of shortage of budget housing options in Mumbai. The developers have expand peripheral areas having huge land parcels at reasonable rates and new localities such as Ambivali, Boisar, Palghar, Vasind and Badlapur are developing as budget housing destinations. So, investing in any one of them would reap you benefits.
Apart from that, the first ever Mumbai-Ahmedabad High Speed Bullet Train was launched in September 2017. The 508-km long network will cover 12 stations, Boisar will one such station. Peripheral areas of Mumbai, including Boisar, will greatly benefit from the arrival of the bullet train. For example, traveling from Boisar to Mumbai costs you 2 hrs at present. With the bullet train, it would be cut down to half an hour. Considering property in Boisar is quite affordable at present, it may be the right time for investors to consider this option.Apart from that, the first ever Mumbai-Ahmedabad High Speed Bullet Train was launched in September 2017. The 508-km long network will cover 12 stations, Boisar will one such station. Peripheral areas of Mumbai, including Boisar, will greatly benefit from the arrival of the bullet train. For example, traveling from Boisar to Mumbai costs you 2 hrs at present. With the bullet train, it would be cut down to half an hour. Considering property in Boisar is quite affordable at present, it may be the right time for investors to consider this option.
My replies to this discussion
Hi Khusboo,
Are you planning to book a flat in Lodha Upper Thane, Anjurdive, Mumbai? What is your budget and BHK option? Upper Thane will be the best-emerging investment location in Thane. This locality is hosting world-class Schools, Hospitals, Malls, Commercial office spaces etc. It is easily accessible from Eastern Express Highway and very near to Thane Railway Station providing easy accessibility to the Central Suburbs. At Upper Thane Anjur you can be assured of your investment with good returns.Hi Khusboo,
Are you planning to book a flat in Lodha Upper Thane, Anjurdive, Mumbai? What is your budget and BHK option? Upper Thane will be the best-emerging investment location in Thane. This locality is hosting world-class Schools, Hospitals, Malls, Commercial office spaces etc. It is easily accessible from Eastern Express Highway and very near to Thane Railway Station providing easy accessibility to the Central Suburbs. At Upper Thane Anjur you can be assured of your investment with good returns.
Q:
Prospective buyer in Naman Premier. Want to know about inner information about project
My replies to this discussion
Hi,
Are you planning to buy a flat in Naman Premier, Andheri East? What is your budget and BHK option? To get more details and best deal on it, click this link
Naman Premier, Andheri East, Mumbai
Or,
To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement
Post your Requirements to get matching properties details on your Email and Mobile.Hi,
Are you planning to buy a flat in Naman Premier, Andheri East? What is your budget and BHK option? To get more details and best deal on it, click this link Naman Premier, Andheri East, Mumbai
Or,
To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.
Q:
What will be the GST on a ready-to-move-in commercial shop from a builder wherein he is still waiting to get the Occupancy Certificate? Can the builder get the input benefit from the government on a deal?
My replies to this discussion
GST only on under-construction property and not on ready-to-move-in properties. no GST would be levied on ready-to-move-in or completed property, as per the Paragraph 5(b) of the Third Schedule to the CGST Act, 2017.
1) In case of purchase of under-construction residential or commercial property, from a builder, involving the transfer of the interest in land or individual share of land to the buyer, the effective rate of GST for such purchase would be 12%, with full ITC.
2) GST would be levied at the rate of 18% on Two 3rd of the amount of the property, whereas One 3rd of the amount was deemed to be the value of land or undivided share of land supplied to the buyer.
The consideration amount which did not constitute the transfer in land or undivided share of land as part of the consideration, for instance, construction services provided by a sub-contractor to a builder, would attract levy of GST at the rate of 18%, with full ITC.GST only on under-construction property and not on ready-to-move-in properties. no GST would be levied on ready-to-move-in or completed property, as per the Paragraph 5(b) of the Third Schedule to the CGST Act, 2017.
1) In case of purchase of under-construction residential or commercial property, from a builder, involving the transfer of the interest in land or individual share of land to the buyer, the effective rate of GST for such purchase would be 12%, with full ITC.
2) GST would be levied at the rate of 18% on Two 3rd of the amount of the property, whereas One 3rd of the amount was deemed to be the value of land or undivided share of land supplied to the buyer.
The consideration amount which did not constitute the transfer in land or undivided share of land as part of the consideration, for instance, construction services provided by a sub-contractor to a builder, would attract levy of GST at the rate of 18%, with full ITC.
