Priya Desai, Mumbai
Q: Cheating and fraud cases has become daily routine for builders now-a-days.

My replies to this discussion
In India, consumers can approach auditors registered with the Quality Council of India for an inspection to determine if materials used in the construction meet all safety norms.In India, consumers can approach auditors registered with the Quality Council of India for an inspection to determine if materials used in the construction meet all safety norms.
My comments to replies
In India, consumers can approach auditors registered with the Quality Council of India for an inspection to determine if materials used in the construction meet all safety norms.
That is correct Rakshit. The 7/12 extract is a very important tool as it provides all the important information and history of the property. Clarity of the past transactions will help provide clear information about the transfer of the property. @Anurag those documents are to be obtained at the time of registering the property. Some other documents to keep in mind for an under-construction property are: 1) Write to the development authority and check the land use certificate to ensure that the property you plan to purchase is in the residential zone. 2) Construction Clearances 3) Building Plan/ Layout Approval 4) Master Plan of the Area 5) NOC and other Clearances 5) Booking Form, Allotment Letter and Builder Buyer Agreement.
25th January 2016

Q: If the project is still under construction, then can we opt for modifications as per our choice?

My replies to this discussion
Hi Samhita, You have asked an interesting question. Since the project is still under construction, it should technically be possible to make changes. However, there is a lot of paperwork and legal matters involved with the blueprint and building plans. At the end of the day it is up to the discretion of the builder if he is willing to make the modifications and if he seems them as viable to his project. Regards, PriyaHi Samhita, You have asked an interesting question. Since the project is still under construction, it should technically be possible to make changes. However, there is a lot of paperwork and legal matters involved with the blueprint and building plans. At the end of the day it is up to the discretion of the builder if he is willing to make the modifications and if he seems them as viable to his project. Regards, Priya
Q: Hello People, I am Arun. I would like to buy a flat for my family in Chennai. I aware that recently Chennai was affected in heavy flooding. Many areas were affected. Now I need a suggestion where shall I buy a flat in safe area here. It would be nice if it is well connected with transports and educational institutions. Your suggestions re greatly appreciated! Thanks in advance

My replies to this discussion
Chennai is a great place to live. But like you mentioned, you need to be particular with respect to your office, children's school etc and of course your budget. Generally Anna Nagar, Adyar, Velachery, Kilpauk, Abiramapuram, ECR, OMR are nice places to live. If you could shed some more light on your budget and any additional requirements it would be easier to make a more specific suggestion.Chennai is a great place to live. But like you mentioned, you need to be particular with respect to your office, children's school etc and of course your budget. Generally Anna Nagar, Adyar, Velachery, Kilpauk, Abiramapuram, ECR, OMR are nice places to live. If you could shed some more light on your budget and any additional requirements it would be easier to make a more specific suggestion.
Q: Hi. Can anybody share the list of documents that I need to verify as per buying a resale resale flat in Mumbai ( Kandivali-W)

My replies to this discussion
The list of documents that would be important to check are: 1) Share certificate of the housing society bearing the name of the seller 2) Previous chain of conveyance/sale deeds, along with Sub-Registrar’s receipt 3) 37 (I) clearance (needs to be obtained in certain cities) 4) 230 A certificate can from the can be obtained from the concerned Income Tax Authority 5) Original stamped receipts of payment made to previous sellers 6) No objection certificate (NOC) from the Society for transfer and sale of flat 7) Last receipt for the outgoings bill paid to the Society as well as the electricity bill 8) A set of Society transfer forms for transfer of ownership 9) Certificate of Title from an advocateThe list of documents that would be important to check are: 1) Share certificate of the housing society bearing the name of the seller 2) Previous chain of conveyance/sale deeds, along with Sub-Registrar’s receipt 3) 37 (I) clearance (needs to be obtained in certain cities) 4) 230 A certificate can from the can be obtained from the concerned Income Tax Authority 5) Original stamped receipts of payment made to previous sellers 6) No objection certificate (NOC) from the Society for transfer and sale of flat 7) Last receipt for the outgoings bill paid to the Society as well as the electricity bill 8) A set of Society transfer forms for transfer of ownership 9) Certificate of Title from an advocate
Q: Hi. I am looking for a 2BHK apartment on rent in India. My budget is 60k a month and I am looking for a safe and well connected locality which would work well for my family. I am preferably looking for something in the suburbs since that would be ideal for my commute to work.

My comments to replies
Hi, Are you looking for a ready-to-move , pre-launch or under construction properties in Mumbai? I would suggest you to buy a ready-to-move project. Although, it is little bit higher than under construction property but safe in legal side.
Hi, I am looking for a pre-launch or ready to move in project in Mumbai. Do you have any suggestions about particular projects?
8th February 2016

Q: The Supreme Court has suggested that building activity can be stopped if builders failed to undertake minimum dust checking measures such as spraying water.

My replies to this discussion
This is definitely a welcome change! Pollution levels have been getting out of hand in the metro cities. Increased congestion and pollution are also accompanied with depleting environment and green spaces. After repeated requests by the government which have been ignored by the builders, it seems like this penalty is the final resort to help improve the current situation.This is definitely a welcome change! Pollution levels have been getting out of hand in the metro cities. Increased congestion and pollution are also accompanied with depleting environment and green spaces. After repeated requests by the government which have been ignored by the builders, it seems like this penalty is the final resort to help improve the current situation.
Q: To expand its presence in India's urban development sector US Deputy Secretary of Commerce Bruce Andrews will lead a delegation of 18 top American companies on a Smart Cities Infrastructure Business Development Mission across three cities next month.

My comments to replies
Hi, This agreement will definitely drive and increase the sustainable growth of India's infrastructure sector, while making India's growing urban centers more attractive to business and providing a better quality of life for India's citizens.
Agreed Samrat. The US has definitely recognized the enormous potential in India and the strides that it has been making in the field of development. The delegation will arrive with the sole purpose of building a relationship and constructing agreements that will be mutually beneficial for both the economies.
27th January 2016

Q: As per Finance Minister Arun Jaitley, multiple institutions are required to meet the funding requirements in this area.

My replies to this discussion
This is a welcome addition to our infrastructure sector. This sector has long been inundated with problems when it comes to funding. The finance ministry is looking to keep tabs on this sector to prevent misuse of funds. Investors will welcome these new requirements as it will provide greater transparency and will help improve investor confidence.This is a welcome addition to our infrastructure sector. This sector has long been inundated with problems when it comes to funding. The finance ministry is looking to keep tabs on this sector to prevent misuse of funds. Investors will welcome these new requirements as it will provide greater transparency and will help improve investor confidence.
Q: The Pimpri Chinchwad Municipal Corporation has proposed a 5% increase in tax on residential properties from the next financial year.
My replies to this discussion
As rightly said by Gauri, the Pimpri Chinchwad region seems to have made this move with the view of increasing their revenue. It is one of the upcoming suburbs in Pune and has large open spaces. This has helped it to attract premier real estate developers to the region for their new projects. I as an investor would at the flip side of this, Prices are surely expected to rise in near course, so this would be the opportune moment to make an investment for the future. Take an example from my recent investment in Antheia project by Mahindra Lifespaces which is situated just a 5 minute drive from the Mumbai-Pune Highway. This suburb is located near the fast developing industrial and IT hub, so it won’t be surprising to see property in the area expand quickly.As rightly said by Gauri, the Pimpri Chinchwad region seems to have made this move with the view of increasing their revenue. It is one of the upcoming suburbs in Pune and has large open spaces. This has helped it to attract premier real estate developers to the region for their new projects. I as an investor would at the flip side of this, Prices are surely expected to rise in near course, so this would be the opportune moment to make an investment for the future. Take an example from my recent investment in Antheia project by Mahindra Lifespaces which is situated just a 5 minute drive from the Mumbai-Pune Highway. This suburb is located near the fast developing industrial and IT hub, so it won’t be surprising to see property in the area expand quickly.
Q: Names of the first 20 cities to be developed as Smart Cities will be announced today
My comments to replies
Could someone share some more information regarding the locations of these 20 smart cities?
The 20 locations for the smart cities are Bhubaneswar, Pune, Jaipur, Surat, Kochi, Ahmedabad, Jabalpur, Vishakapatnam, Solapur, Davangere, Indore, New Delhi Municipal Corp, Coimbatore, Kakinada, Belagavi, Udaipur, Guwahati, Chennai, Ludhiana and Bhopal.
1st February 2016

Q: Developers are hoping that real estate sector will be granted infrastructure status to boost affordable housing in this year's Budget.
My replies to this discussion
These are some of my thoughts on the things I want from the budget. Instead of allowing home buyers tax benefits post-possession, the Union Budget should make a provision that allows these from the time they start paying interest on housing loans. This will ease their monetary burden considerably and make increase the velocity of home loan disbursements. The government should increase the tax deduction limit for housing loans, especially for buyers in metropolitan cities. The current limit of Rs 2 lakh is insignificant given the ticket sizes in cities like Mumbai, where most houses are priced at Rs 1 crore and above. The Budget should provide clear and convincing benefits to buyers of green real estate in the country. Although the previous Budget prioritised affordable housing, the upcoming Budget should allocate an amount specifically for building infrastructure and improving connectivity in the peripheral areas of cities, especially the metros.These are some of my thoughts on the things I want from the budget. Instead of allowing home buyers tax benefits post-possession, the Union Budget should make a provision that allows these from the time they start paying interest on housing loans. This will ease their monetary burden considerably and make increase the velocity of home loan disbursements. The government should increase the tax deduction limit for housing loans, especially for buyers in metropolitan cities. The current limit of Rs 2 lakh is insignificant given the ticket sizes in cities like Mumbai, where most houses are priced at Rs 1 crore and above. The Budget should provide clear and convincing benefits to buyers of green real estate in the country. Although the previous Budget prioritised affordable housing, the upcoming Budget should allocate an amount specifically for building infrastructure and improving connectivity in the peripheral areas of cities, especially the metros.
Q: The Central government today announced the names of the 20 smart cities and towns that will be developed in the first phase.
My comments to replies
Hi Abhishek, Here are the names of first 20 Smart Cities announced today include: 1) Ahmedabad, 2) Belagavi, 3) Bhopal, 4) Bhubaneswar, 5) Chennai, 6)Coimbatore, 7) Davangere, 8) Guwahati, 9) Indore, 10) Jabalpur, 11) Jaipur, 12) Kakinada, 13) Kochi, 14) Ludhiana, 15) New Delhi Municipal Council (NDMC), 16) Pune, 17) Sholapur, 18) Surat, 19) Udaipur and 20) Vishakapatnam.
That is correct Jitu! The Government says that the cities will be provided with uninterrupted power and water supplies, proper sanitation and public transport in a $7.5 billion makeover to turn them into smart cities with living standards comparable to Europe. Prime Minister Narendra Modi has vowed to create 100 new smart cities by 2022 that will have internet connectivity, e-governance along with quality infrastructure such as waste management and efficient public transport.
29th January 2016

Q: Why Gurgaon is considering as most attractive property destination in NCR?

My replies to this discussion
Hi Arvind, It is true that Gurgaon has emerged as the most attractive real estate investment destination, followed by Delhi, Noida, Faridabad and Alwar according to a recent study conducted by the Research Bureau of the PHD Chamber of Commerce and Industry. Factors such as transport connectivity, existence of employment opportunities and availability of social infrastructure including schools, colleges, and hospitals in close proximity have made it an attractive region for real estate investment. Take for example the Luminare project by Mahindra Lifespaces. There is a huge buzz and demand around the project due to its location, architecture and modern facilities.Hi Arvind, It is true that Gurgaon has emerged as the most attractive real estate investment destination, followed by Delhi, Noida, Faridabad and Alwar according to a recent study conducted by the Research Bureau of the PHD Chamber of Commerce and Industry. Factors such as transport connectivity, existence of employment opportunities and availability of social infrastructure including schools, colleges, and hospitals in close proximity have made it an attractive region for real estate investment. Take for example the Luminare project by Mahindra Lifespaces. There is a huge buzz and demand around the project due to its location, architecture and modern facilities.
My replies to this discussion
Hi Balasaheb, What is your budget and what size apartment are you looking for? Also, do you have any preferred location in Pune? If you could provide this information I would be able to guide you going ahead.Hi Balasaheb, What is your budget and what size apartment are you looking for? Also, do you have any preferred location in Pune? If you could provide this information I would be able to guide you going ahead.
My comments to replies
Hi, Check your tenancy agreement and your rent book carefully. If you are expected to pay a management charge, the landlord or agent should have included a clause relating to this payment. If there is no reference to additional service charges, you may be able to dispute your liability to pay.
I agree. Ensure that you are liable to pay the management fee and it isn't a ploy by the owner to extract money from the tenant.
8th February 2016

Q: I have agreed a total value with the builder and am now told about the TDS rule. Should I be paying this or should I remove the TDS component when I pay the builder?

My replies to this discussion
As per the rules, the buyer of the property is required to deduct Tax (TDS) and deposit the same with the Government. The rate at which the buyer needs to deduct tax is 1% and it may go up to as high as 20% if the seller does not disclose his PAN. This rule also covers the property purchased through home loan.As per the rules, the buyer of the property is required to deduct Tax (TDS) and deposit the same with the Government. The rate at which the buyer needs to deduct tax is 1% and it may go up to as high as 20% if the seller does not disclose his PAN. This rule also covers the property purchased through home loan.
My comments to replies
Hi Mahesh! The TDS should be deducted when the property is handed over and the final payment is made. For under-construction property, the buyer is considered to hold an interest in the property and for taxation purpose is not considered the owner until completion.
Hi Mahesh, Once the property value is decided, the purchaser pays 99 per cent of that amount to the owner and keeps one per cent for payment to the government.
12th February 2016

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

My comments to replies
I made my first payment in 2009, it is close to 8 years and there is no sign of completion in sight, Are we dealing with a Rogue Company or is IndiaBulls going Bankrupt. I would advice any investors to pull out before it is too late.
I don’t think pulling out will be a better option for you or rather anyone. You have waited for 9 years and the project is at the verge of completion, so why don’t wait for some time more. Moreover there is a clause which will penalize you, if you pull out now.
30th March 2016

Q: Looking out for a 3 bhk on rent

My replies to this discussion
What is your budget for the rent?What is your budget for the rent?
Q: Hi, what are the good apartments which does not have ground water issues in Kondapur, Madhapur, Gachibowli areas. i am looking for 2 BHK flat with budget of 55Lakhs. i am not interested in more than 7 floors buildings. let me know if you know good new projects which does not have ground water issues. Thanks.

My replies to this discussion
Hi Rao, In addition to the properties and areas already mentioned in this thread, I would also advise to look at Ashvita by Mahindra Lifespaces. It is situated in close proximity to Hitec City. A friend of mine purchased a 2 BHK apartment in this project for the same price range that you are looking at. Definitely seems to be one to look out for with its great location and price. Tempted to even invest in it myself.Hi Rao, In addition to the properties and areas already mentioned in this thread, I would also advise to look at Ashvita by Mahindra Lifespaces. It is situated in close proximity to Hitec City. A friend of mine purchased a 2 BHK apartment in this project for the same price range that you are looking at. Definitely seems to be one to look out for with its great location and price. Tempted to even invest in it myself.
Q: There is a huge opportunity in the housing segment but to make it affordable it is very necessary to bring down the land prices and the approval of the project faster.

My replies to this discussion
The recent budget has increased the limit of deduction of rent paid under section 80GG from Rs. 24,000 to Rs. 60,000 per annum. This would mean that house rental rates will be set to increase. The budget has certainly brought up different changes in the real estate sector. You can read more about them here: https://realtytorealityblog.wordpress.com/2016/02/25/budget-2016-5-things-to-expect-for-real-estate/The recent budget has increased the limit of deduction of rent paid under section 80GG from Rs. 24,000 to Rs. 60,000 per annum. This would mean that house rental rates will be set to increase. The budget has certainly brought up different changes in the real estate sector. You can read more about them here: https://realtytorealityblog.wordpress.com/2016/02/25/budget-2016-5-things-to-expect-for-real-estate/
Q: Knowing the fact that both residential and commercial market in this sector have not grown as aggressively as we all expected.

My replies to this discussion
The Real Estate industry in India has seen a slight slump over the past year but that is set to change in 2016. Improved buyer confidence and financial impetus from private investors will help provide the sector with a much needed boost. As rightly mentioned earlier, initiatives like smart cities and housing for all by 2022 are all steps in the right direction. However, whether the market is doing well or not it is important to ask yourself if a career in real estate is right for you. Let's look at some of the pros and cons of becoming a real estate agent. On one hand you can become a licensed real estate agent and start a new career in just a matter of weeks or months. On the other hand it is an investment in time, money and effort required. It comes with no guarantees. While you are an independent contractor and can control and make your own decisions. This very same fact means that you are on your own to learn the market and business, build networks etc.The Real Estate industry in India has seen a slight slump over the past year but that is set to change in 2016. Improved buyer confidence and financial impetus from private investors will help provide the sector with a much needed boost. As rightly mentioned earlier, initiatives like smart cities and housing for all by 2022 are all steps in the right direction. However, whether the market is doing well or not it is important to ask yourself if a career in real estate is right for you. Let's look at some of the pros and cons of becoming a real estate agent. On one hand you can become a licensed real estate agent and start a new career in just a matter of weeks or months. On the other hand it is an investment in time, money and effort required. It comes with no guarantees. While you are an independent contractor and can control and make your own decisions. This very same fact means that you are on your own to learn the market and business, build networks etc.
Q: Like to know whether radiance is in good financial condition. Many people told me they are unable to pay even small amounts and are struggling. Anyone reply.

My replies to this discussion
I agree with Sudhakar. Radiance Realty have cemented themselves as one of the most trustworthy and reputable real estate developers in Chennai. They have been consistently creating state of the art projects with the latest amenities ensuring that the projects meet the highest quality standards and are handed over on time. They have been transparent in all their dealings and didn’t have any hidden costs as per my experience when buying an apartment in Radiance Shine. A friend of mine who purchased an apartment, had the same experience as me.I agree with Sudhakar. Radiance Realty have cemented themselves as one of the most trustworthy and reputable real estate developers in Chennai. They have been consistently creating state of the art projects with the latest amenities ensuring that the projects meet the highest quality standards and are handed over on time. They have been transparent in all their dealings and didn’t have any hidden costs as per my experience when buying an apartment in Radiance Shine. A friend of mine who purchased an apartment, had the same experience as me.
Q: The builder is asking me to register the apartment I have purchased as apparently this will help me save money in case the guidance value goes up.

My comments to replies
Registration of the property is a full and final agreement signed between two parties. Once a property is registered, it means that the property buyer in whose favor the property is registered is the lawful owner of the premises and is fully responsible for it in all respects. The law does not recognize unregistered owners and does not give them any rights over the property. Therefore, Registration of Property is Compulsory to prevent fraud or future litigation. I think it will be good for you if you register the property now itself.
Hi Dinesh! The new real estate regulatory bill has brought on new changes when it comes to registration of residential as well as commercial properties. It will now be compulsory for all projects and brokers to be registered with the real estate regulator who will settle disputes as well as oversee transactions. You can read more about the changes which the bill brought about at: https://realestatenewsonthegoblog.wordpress.com/2016/03/11/real-estate-regulatory-bill-5-things-you-need-to-know/
11th March 2016

Q: The group will have people from different sectors who will get expertise, advice and technical support and help the administration to carry out civic projects
My replies to this discussion
This definitely is a welcome development in the city of Pune. The collaboration between the people from the different sectors with the civic body will serve as an impetus to public and social infrastructure in the region. The city of Pune has been attracting a number of luxury residential housing options to meet the growing needs and tastes of the sophisticated clientele. Lucky that my investment in L’Artista project by Mahindra Lifespaces is going to sky rocket. The design and unique styling definitely seems to make it a project to look out for! Not to mention that it offers a wide range of spacious 3BHK & 4BHK apartments. An added benefit is that it is located in one of the most coveted localities in the city, in close proximity to Koregaon Park and has a vibrant social infrastructure.This definitely is a welcome development in the city of Pune. The collaboration between the people from the different sectors with the civic body will serve as an impetus to public and social infrastructure in the region. The city of Pune has been attracting a number of luxury residential housing options to meet the growing needs and tastes of the sophisticated clientele. Lucky that my investment in L’Artista project by Mahindra Lifespaces is going to sky rocket. The design and unique styling definitely seems to make it a project to look out for! Not to mention that it offers a wide range of spacious 3BHK & 4BHK apartments. An added benefit is that it is located in one of the most coveted localities in the city, in close proximity to Koregaon Park and has a vibrant social infrastructure.
Q: Many private equity funds and non-banking finance companies have intensify active monitoring of their investments in real estate in India.
My comments to replies
But you believe it or not, this helps to create additional incentives for the developer partners to provide timely exits even in cases where projects may be struggling to meet their deadlines. Only a few major cases, they have not shied away from taking control of the project and bringing the development back on track to provide it the expected exits.
This is a very relevant point Dev! The real estate bill will definitely improve project timelines and such but there will still be times in which various circumstances which will cause the project to derail from the original plan. With greater monitoring they are able to step in and take appropriate actions in a timely manner. It will be interesting to see the degree of involvement of the investors in their investment. Yes, they wont be sitting back anymore but will their involvement be limited to corrective action or will they also adopt a proactive approach?
2nd April 2016

My replies to this discussion
Since you are new to Chennai, one of the things that you should know is that the real estate market of the city is further divided into smaller micro markets which differ based on the region of the city. The rates and offerings vary greatly between these micro markets. In the long run, areas like OMR or OCR are regions which almost guarantee a price appreciation in the future. I am sure you are looking for an apartment which will offer you all the comforts and amenities while also giving you attractive returns on your investment. My advice would be to stick to these areas which have a proven track record and would not take a lot of research or prior information. Just to give you a head start on your search, the most popular projects at OMR right now are Radiance Mercury and Pacifica Aurum. Let me know if you have any further questions!Since you are new to Chennai, one of the things that you should know is that the real estate market of the city is further divided into smaller micro markets which differ based on the region of the city. The rates and offerings vary greatly between these micro markets. In the long run, areas like OMR or OCR are regions which almost guarantee a price appreciation in the future. I am sure you are looking for an apartment which will offer you all the comforts and amenities while also giving you attractive returns on your investment. My advice would be to stick to these areas which have a proven track record and would not take a lot of research or prior information. Just to give you a head start on your search, the most popular projects at OMR right now are Radiance Mercury and Pacifica Aurum. Let me know if you have any further questions!
Q: What are the main factor for which the real estate market in Bangalore is really doing good

My replies to this discussion
Bangalore’s stock of office space has grown on an average of 13% in the past 15 years which has made it the country’s top provider in the corporate realty market. The residential real estate market has also been booming as a result of the increase in job opportunities, social infrastructure and connectivity. Another top factor is that Bangalore has become one of the dominant growth frontiers in the economy. A number of young professionals seem to be flocking to the city of Bangalore for their real estate investments. This trend looks set to continue and will drive the returns on real estate investment in the future. Just the other day a friend of mine was telling me that he just invested in the Windchimes project by Mahindra Lifespaces. He seems to be one of many. Definitely good news for potential investors in real estate.Bangalore’s stock of office space has grown on an average of 13% in the past 15 years which has made it the country’s top provider in the corporate realty market. The residential real estate market has also been booming as a result of the increase in job opportunities, social infrastructure and connectivity. Another top factor is that Bangalore has become one of the dominant growth frontiers in the economy. A number of young professionals seem to be flocking to the city of Bangalore for their real estate investments. This trend looks set to continue and will drive the returns on real estate investment in the future. Just the other day a friend of mine was telling me that he just invested in the Windchimes project by Mahindra Lifespaces. He seems to be one of many. Definitely good news for potential investors in real estate.
Q: Where one should invest in Bangalore this year?
My replies to this discussion
If you are looking to invest in the city of Bangalore then one of the most popular choices would be Bannerghatta Main road. The region has vast green cover and wide open spaces while also been located close to the pristine Arekere and Hulimavu lake. Would definitely advise taking a look at properties in the region.If you are looking to invest in the city of Bangalore then one of the most popular choices would be Bannerghatta Main road. The region has vast green cover and wide open spaces while also been located close to the pristine Arekere and Hulimavu lake. Would definitely advise taking a look at properties in the region.
Q: I would like to invest 15 to 25 lakhs on Plot, please suggest be good areas in Hyderabad.

My replies to this discussion
Gachibowli definitely seems to be the destination of choice when it comes to buying a plot of land. It offers great connectivity and a variety of plots to choose from. A recent study has highlighted Gachibowli as one one the fastest growing realty hotspots in the country. It is a prominent IT suburb in Hyderabad which ensures you returns on your investment in the long run. Would definitely be the best area to start looking for property in Hyderabad.Gachibowli definitely seems to be the destination of choice when it comes to buying a plot of land. It offers great connectivity and a variety of plots to choose from. A recent study has highlighted Gachibowli as one one the fastest growing realty hotspots in the country. It is a prominent IT suburb in Hyderabad which ensures you returns on your investment in the long run. Would definitely be the best area to start looking for property in Hyderabad.
My replies to this discussion
The city of Mumbai is frightfully expensive and real estate options within the boundaries of the city would most likely be more than your budget. However, with your budget you could find some very viable real estate options in the Mumbai region like Virar, Vasai, Mira Road, Boisar etc. It is important that you invest your money not just in a good locality but also in a good project with a builder that you can trust. A friend of mine recently told me that he invested in the Happinest project by Mahindra Lifespaces. The project is located in Boisar and offers a wide range of 1BHK and 2BHK apartments. It falls perfectly within your budget as well. Definitely looks like a viable option since it is affordable but also comes with the Mahindra brand assurance that there will be no compromise on quality of the project. Boisar is a part of newly carved out Palghar District. Boisar is fast developing into a residential hub due to its already developed physical & social infrastructure.The city of Mumbai is frightfully expensive and real estate options within the boundaries of the city would most likely be more than your budget. However, with your budget you could find some very viable real estate options in the Mumbai region like Virar, Vasai, Mira Road, Boisar etc. It is important that you invest your money not just in a good locality but also in a good project with a builder that you can trust. A friend of mine recently told me that he invested in the Happinest project by Mahindra Lifespaces. The project is located in Boisar and offers a wide range of 1BHK and 2BHK apartments. It falls perfectly within your budget as well. Definitely looks like a viable option since it is affordable but also comes with the Mahindra brand assurance that there will be no compromise on quality of the project. Boisar is a part of newly carved out Palghar District. Boisar is fast developing into a residential hub due to its already developed physical & social infrastructure.
Q: I am searching for 2Bhk Falt in Pune but my office is in Hinjewadi. So i want to settle at a place where all basic needs are available and after 5-6 years, it can be resaled.
My replies to this discussion
Hi Aakriti, If you are looking for an investment that will appreciate in the next 5-6 years then my advice would be to look at one of the upcoming suburbs of Pune. One suburb that immediately springs to mind is Pimpri Chinchwad. It is located very close to the IT and industrial hub and is just a 5 minute drive away from the Mumbai - Pune Expressway. I heard that Mahindra Lifespaces has a project called Antheia in that region. There are a lot of reputed builders choosing that area making it something worth looking in to.Hi Aakriti, If you are looking for an investment that will appreciate in the next 5-6 years then my advice would be to look at one of the upcoming suburbs of Pune. One suburb that immediately springs to mind is Pimpri Chinchwad. It is located very close to the IT and industrial hub and is just a 5 minute drive away from the Mumbai - Pune Expressway. I heard that Mahindra Lifespaces has a project called Antheia in that region. There are a lot of reputed builders choosing that area making it something worth looking in to.
Q: How well worth is it to invest in this project at t his moment as an investment. Will the rates appreciate in near future? Or can it be used later on to stay ? I mean, what is the pace of developments in & around this property ?
My replies to this discussion
There certainly are a number of attractive options in the Dwarka Expressway region. One option which would definitely be worth looking into is the Aura project by Mahindra Lifespaces. With its perfect location, great connectivity and stunning luxury apartments, it definitely is one of the most exciting residential projects in the region right now. Set across 17 acres of land, it offers a good balance between natural beauty and the comforts of modern living. Maybe you could look into the option. Definitely one of the best in the region!There certainly are a number of attractive options in the Dwarka Expressway region. One option which would definitely be worth looking into is the Aura project by Mahindra Lifespaces. With its perfect location, great connectivity and stunning luxury apartments, it definitely is one of the most exciting residential projects in the region right now. Set across 17 acres of land, it offers a good balance between natural beauty and the comforts of modern living. Maybe you could look into the option. Definitely one of the best in the region!
My replies to this discussion
One of the most exciting investment areas in Pune right now is the upcoming suburb of Pimpri-Chinchwad. The improved connectivity in the area, development of infrastructure and newly launched projects have helped propel the region into the limelight. This is just the beginning of what looks like a bright future for the region. Certainly one of the most attractive options if you are looking for a significant price appreciation in the future. Even the popular Mahindra Lifespaces have launched an exciting new Antheia project in the region. With a range of luxury apartments to choose from and the latest amenities it certainly looks like a good option. Maybe it's something that you should take a look into.One of the most exciting investment areas in Pune right now is the upcoming suburb of Pimpri-Chinchwad. The improved connectivity in the area, development of infrastructure and newly launched projects have helped propel the region into the limelight. This is just the beginning of what looks like a bright future for the region. Certainly one of the most attractive options if you are looking for a significant price appreciation in the future. Even the popular Mahindra Lifespaces have launched an exciting new Antheia project in the region. With a range of luxury apartments to choose from and the latest amenities it certainly looks like a good option. Maybe it's something that you should take a look into.
Q: Does someone know about the Quality and reviews of the Apartments @ Mahindra world city

My replies to this discussion
Mahindra world city offers the perfect blend of corporate as well as residential projects. Mahindra Lifespaces have launched a number of residential projects in the world city which have pushed the boundaries of design and amenities that are being offered by residential projects these days. I know someone who has recently bought an apartment in the Nova project. He told me that what impressed him the most was not just the apartments but the fact that the project was located in a region which was well connected and also had large amount of natural beauty surrounding it. All this at a very affordable pricing scheme. When it comes to Mahindra, you can be assured of the high quality and trust that comes with the brand.Mahindra world city offers the perfect blend of corporate as well as residential projects. Mahindra Lifespaces have launched a number of residential projects in the world city which have pushed the boundaries of design and amenities that are being offered by residential projects these days. I know someone who has recently bought an apartment in the Nova project. He told me that what impressed him the most was not just the apartments but the fact that the project was located in a region which was well connected and also had large amount of natural beauty surrounding it. All this at a very affordable pricing scheme. When it comes to Mahindra, you can be assured of the high quality and trust that comes with the brand.
Q: Latest project in gurgaon by vatika group:http://bit.ly/29sw4HK

My comments to replies
Hi Pankaj, Which latest project are you talking about? Where is the project located in Gurgaon? Can i get some information such as flat configuration, price, possession date and required approvals from the local body?
Hi Vrinda, As you probably know already, Gurgaon has a large number of exciting residential projects to choose from. I recently heard about a stunning new project launched by the reputed Mahindra Lifespaces in Gurgaon. I believe that it's called the Luminare project. A friend of mine went to take a look at it and was very impressed by the location. It is located at the prestigious Golf Course Extension region which has become one of the most sought after addresses for the rich and famous. In fact the project is said to offering luxurious corner apartments with wrap around balconies and a private elevator and lobby. They even offer a wide range of modern amenities. With the large residential as well commercial projects coming up in the region, it definitely looks all set for a significant price appreciation in the future.
2nd September 2016

Q: I am planning to visit mahindra aqualily project for onsite check of the location. has anyone visited the site or has any information on the project? please share

My comments to replies
It is a completed project and has received all the necessary approvals. Moreover it is a project by Mahindra Livespace Developers, one of the reputed developers in the real estate industry and they have successfully completed many projects. Aqualily is pre certified 'Gold' by the Indian Green Building Council (IGBC).
Thanks a lot for the answer. Rightly said, Mahindra developers have a very good reputation and that is one of the major factor that pushed me to zero down on this property. Have you ever visited the property or do you know someone who has?
17th October 2016

Hello Priya, There are properties available for sale, you can check the details here Properties for sale OR You can call on this toll free number 1800-833-1801 Or You Post your Requirements to get matching properties details on your Email and Mobile.
Thanks . Will definitely contact them.
17th October 2016

Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!