Latest Answer: It is heard that the Kumar Birla defeat 5 bidders by a small margin for the 30000 sq-ft. bungalow. Out of 5 3 were industrialist and 2 were realty developers including Piramal Realty. The 2nd highest bid was for Rs. 415 crore and the lowest bid was for Rs. 395 crore.
Q:According to data sourced from Director General of Registrations, property sales registrations in Mumbai saw a sharp year-on-year rise of nearly 30% in November.
Latest Answer: Right Shaunak,
This will be in addition to the 10-11% of agreement value that buyers pay in form of multiple levies, and another 5-10% of the agreement value is paid to developers on possession for various amenities. As a result, a buyer requires to pay around 20% of the agreement value through his/her own savings, as housing loans do not include these payments.
