Nilesh Pandya, Mumbai
Q: The prices at the Kanjurmarg project are really lucrative. Plus the amenities are good and the builder is reputed. My only concern is that everybody has told me that I could get stuck with a delay of 4-5 years additional over and above the committed delivery. In that light, would this be a wise investment? will it appreciate and come at par with the other projects in vicinity?

My replies to this discussion
More than a year ago they said that they will obtain IOD after 18 months. Its almost 18 months and yet the project is in the same state. They now say that IOD will be available in 2017. Please take care before investing your life savings. please read the following: http://www.business-standard.com/article/pf/be-cautious-while-buying-pre-launch-properties-114032300788_1.htmlMore than a year ago they said that they will obtain IOD after 18 months. Its almost 18 months and yet the project is in the same state. They now say that IOD will be available in 2017. Please take care before investing your life savings. please read the following: http://www.business-standard.com/article/pf/be-cautious-while-buying-pre-launch-properties-114032300788_1.html
My replies to this discussion
Hi, I have been following with the project for over a year now. its exactly in the same state as it was then. i was skeptical about the land not being available for construction as i was aware that a part of the land is reserved as a BMC Market if I am not mistaken and rest looks like its a part of the Mangroves. I was ready to invest in the same only after they receive IOD & CC for the Same. At the time they said IOD will be issued after 18 months. And even after a year they still say that will receive the same in 2017. I am Sure Glad that I did not Invest my Hard earned Money in This ProjectHi, I have been following with the project for over a year now. its exactly in the same state as it was then. i was skeptical about the land not being available for construction as i was aware that a part of the land is reserved as a BMC Market if I am not mistaken and rest looks like its a part of the Mangroves. I was ready to invest in the same only after they receive IOD & CC for the Same. At the time they said IOD will be issued after 18 months. And even after a year they still say that will receive the same in 2017. I am Sure Glad that I did not Invest my Hard earned Money in This Project
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