Q:
The days after hitting realtors for constructing housing union without environment clearance, the supreme court asked Delhi, UP and Haryana to detail action taken against builders who failed to obey to rules for controlling dust pollution at their sites.
Latest Answer: Yet, the counsel for UP and Haryana could also not give details of action taken against builders for violating the CPCB norms on construction. The bench asked EPCA to make surprise checks at various construction sites in the three states enlisiting help from voluntary organisations and file a detailed report before the court.
Q:
In spite of an increase in prices and no discounts, Piramal Realty's first realty project Piramal Vaikunth in Balkum, Thane, Mumbai appears to have attracted a good response.
Latest Answer: Hello Shalini,
This project "Piramal Vaikunth" Balkum had managed bookings worth Rs 200 crore in the first week of the launch. It indicates that the customers are looking for affordable segment. That is a return of approximately 7%. A property check around Thane reveals that given the variety in the buyer profile, which ranges from salaried professionals to businessmen and entrepreneurs, the market is offering residential units to suit different pockets.
Latest Answer: Hi Anushka , Yes and stovewala Builders and developers start their new project in Shelu, Vangani and Neral and all their projects are 0 kms away from the Railway station. Bhoomi poojan is tommorow, prices start at 7.70lacs with pre approved loan facility and easy emi facility.
Latest Answer: This is definitely a good initiative. But will the benefit reach the intended recipients?
After taking charge by Nitin Gadkari, fast decision making, online clearances, policy interruption and other actions led to the roll out of majority of the projects. Do you think that they will keep the momentum.
Latest Answer: Good afternoon Shefali!!!!
Yes, the IDC varies from developer to developer and city to city, but can range anywhere between Rs 35-300/sq-ft. It is also important to know that some builders may term this charge differently and may just call it generator charge or BESCOM/BWSSB (in Bangalore) and MTNL and BSNL in Delhi/NCR or something else.
EDC:- This is an important charge as EDC plus IDC in total accounts for nearly up to 10% of the overall base per sq-ft. price.
Latest Answer: @Anuskha,
If you are planning for investment then it may provide best returns, only you have to hold it for 24- 36 months. In addition to the infra push by current govt. in major areas, may just help in keeping the rates constant.
In February 2013, when Phase-1 was launched the price was 15000/sq-ft. The rate today stands at Rs. 17250/sq-ft. This translate into 14% growth in 1.5 yrs.
Latest Answer: Hi all,
Now the affordable homes in Mumbai may not be a distant dream. As Maharashtra Government has been concerned on giving affordable housing. As per the the Maharashtra government, they will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
Latest Answer: Hello Roshini,
They are charging Rs. 1100000 as booking amount. Yes, the sample flats are ready for the site visiors. Suvidha Pearl is BMMC and SRA approved project.
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