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Real Estate Forum on Navi Mumbai International Airport Construction

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Q: Can anybody provide me a general feedback about Panvel locality as I am planning to invest in this area. Your feedback and comments will be highly appreciated
Latest Answer: I heard that Panvel offers new apartments. Can anyone elaborate about the same?
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Q: Hi, It seems that CIDCO has floated global tenders for Navi Mumbai airport project??

Latest Answer: Hey Friend, The airport will eventually have a passenger handling capacity of 60 million annually. After the completion of the first phase, the airport will have the capacity to handle 10 million passengers. The bidding process is slated to be a two-staged process, which will be taken up through public-private partnership (PPP) on design, build, finance, operate and transfer (DBFOT) basis.
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Q: Property bubble to soon blast in ULWE. The Navi Mumbai airport has become financially unviable option and plans are almost confirmed to cancel the airport and return the land which was acquired initially.
The news which was published in times of india saying that airport work to commence next year was only to ensure that prices do not fall any further. Most of the newspapers were asked not to publish the latest news but Mid-day went ahead and published the fact. Consumers please be cautious and do not buy any property in Ulwe as future is really dark. Please follow the mid-day link below for the update:

http://www.mid-day.com/news/2013/aug/150813-navi-mumbai-airport-cm-shoots-down-returning-developed-land-to-farmers.htm
Latest Answer: Properties near Navi Mumbai airport & Builders and Developers in Navi Mumbai Here is the link to the brochure for upcoming projects www.spaceindia.in
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Q: Which is a better place to invest Ulwe or Panvel in Navi Mumbai?
Latest Answer: Now the buyers are hesitant due to sluggish economy and uncertain political scene along with the fear of further government delays in executing necessary infrastructure projects. :( :(
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Q: Construction of the new proposed international airport has not started yet. What are the main reasons for the delay?

Latest Answer: Hi everyone....... Is it true that the Navi Mumbai International Airport's construction work is going to start soon? Or a rumors only? Even i heard this news yesterday evening and interested on further information. If all this progress can taken place within a week, we are expecting the remaining issues to be passed soon, as they are up for decision in a few days time. As the Chief Secretary, Sanjay Bhatia has been in touch with the central ministries.
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