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Real Estate Forum on Price Appreciation

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: When can I make money in real estate?
Latest Answer: So, before go for buying, check the documents. Made sure that all dues to the builder have been paid by the previous owner in case of a resale. If payments to the builder are pending, the price should be adjusted accordingly. More importantly, early stage development involves significantly higher risks stemming from uncertainty around their permissions, funding, delivery, and often results in delays.
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Q: The Residex of National Housing Bank, which follow residential property prices across 26 cities, disclose that property prices have not appreciated as much over the past 7 years.
Latest Answer: As per National Housing Board's RESIDEX, price in Mumbais central suburbs has appreciated by 13.59% from November 2007 to September 2014.
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Q: GCE Road is one area where your property will be rented as soon as it is completed.

Latest Answer: Hi Rajesh, Apartments here were selling for Rs 2,600 per square foot five years ago, whereas prices have now touched Rs 7,000-11,000 per square foot. Over the past one year, the market has been largely stagnant with only properties nearing completion registering appreciation of 10-15%. Market watchers say that projects on GCE Road located close to Golf Course Road will see prices appreciate and nearly match prices on Golf Course Road itself, where the current rates are Rs 13,00015,000 per square foot.
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Q: progress is very slow. i doubt builder will finish commitment.
Latest Answer: The average property prices of this region range between Rs. 8000-10000/sq.ft., and annual appreciation has been to the tune of 7-10% depending on the specifications of the project and amenities offered.
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Q: Top industry leader Deepak Parekh has said transparency and timely approvals from different authorities can reduce home prices by almost 20%
Latest Answer: Banks and housing finance companies should be allowed to fund land transactions when there is no real estate bubble, as is currently the property transactions costs comprise almost 70-­80% of the total cost.
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Also see discussions for
Q: Hi,
Planning to invest in a property in Powai? How is the locality for investment purpose? Will it fetch any good returns by way of appreciation?
Latest Answer: Hi Rakshit, Powai is a great place to invest.Right now will be a good time to talk with Pashmina Developers for their Lotus project.Nearby localities are Hiranandani Foundation School, Bombay Scottish School,Hiranandani Hospital and a proposed Metro station.Within 1 km from the Central Avenue, Hiranandani Powai, Pashmina Lotus offers ease in accessibility to western counterparts of Andheri East, Marol as well as eastern suburbs of Kanjurmarg and Ghatkopar.Do visit to know better. Have a nice day!1
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Q: Hi,
Want to know the connectivity and the approach to this project as I am thinking of booking a flat in this project.
Latest Answer: Hi Ashish, Does the apartment have any 1 BHK and what is the price they are charging for the same? What is the present rate they are quoting per sqft?
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Q: Hi, Looks like Ghodbunder Road is going to be next most preferred destination due to availability of affordable houses.
Latest Answer: Hi everybody, Yeasterday, the Maharashtra government 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", Maharashtra 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.
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Q: Hi,
Planning to book a flat in this project? What are the amenities offered by the builder?
Latest Answer: Hello Shantanu, Would like to go for a site visit? Is any facility available for site visit? Anybody there to help me out. Your immediate reply will be truly appreciated.
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