Q:
In the current times, the Mumbai Metropolitan Region is extremely reduced in its region for independent growth and Mumbais resident population has exploded beyond all boundary. Any kind of explosion required a sufficiently large area for its fallout to spread.
Latest Answer: However, the main city is now also practicing to improve by adding infrastructure to accommodate and deal within the continuous incoming migration. This is having a positive impact on the primary influence zone of Mumbai City and its immediately neighboring locations.
Q:
Hi, How is the project Neminath Imperia in Andheri West, Mumbai? Is the locality good for investment?
Latest Answer: Its really very nice and the infrastructure is very impressive . The way the team treats is very professional. I must appreciate the quality of work.
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?
Q:
Hi, Can somebody let me know what is the present price per sqft in this project??
Latest Answer: Hello,
May I know which are the banks are providing loans for this project? What documents should I check with the builder before taking the possession of the flats??
Q:
Want to book a flat in this project? How is the overall infrastructure and connectivity? Anybody any idea about it?
Latest Answer: Can any one tell me about the builder of this project grace mass metropolis...is the builder trust worthy? i m intrested in this project
Q:
Looks like the financial capital of India is going to get a huge boost by way of excellent infrastructure.
Latest Answer: Hi Sandeep,
Also the Govt is going to construct a double decker flyover in the Eastern Express and Western Express Highway at a cost of Rs. 428 crores. Moreover the 5.5 kms stretch from Worli to Sevri will get underway in about 2 months time and will be completed within 4 years time frame.
Q:
Can anybody tell me what is the status of this project and the delivery date??
Latest Answer: Hi Sandeep,
How good is the transport and infrastructure available near to the project. Since I am relocating from Hyderabad to Mumbai, looking for a 2 BHK units in this project?? As my office will be in Andheri, shuttling from Vile Parle to Andheri would not be a problem. I am not looking at projects in far off localities like Dahisar, Vasai or MIra Road. Please suggest me.
Q:
Hey did you get the good news that the apex court has freed 6.4 lakh acres of removing the private forest tag.
Latest Answer: Hi Sandeep,
In my opinion if things go well it could get the required approvals in the next two to four months and announce the launch. If other developers are benefited by the ruling also announce their launches, then the increase in supply could force a competitive rate healthy for buyers,
Q:
How is the location of the project ?? Which all banks have approvals for home loans in this project ?
Latest Answer: Hello, you can follow this link for your requirements
Madhav Palacia, Thane
OR
Kindly call on the toll free number (1800) (180) (180) (180) Or You can
Post your Requirements to get matching properties details on your Email and Mobile.
Q:
How is the real estate market in Badlapur? What are the type of housing available in this locality?
Latest Answer: Can anyone tell me how is the residential real estate market in this locality?
Q:
How many buildings they are going to redevelop? Any particular reason that MHADA is issuing tenders for redeveloping cessed buildings?
Latest Answer: According to the clause 33(9) of cluster redevelopment, cessed buildings with plot size more than an acre (4,000 sq.mts) in the island city of Mumbai are eligible for cluster redevelopment. These buildings must be built before September 1969 to be eligible for cluster redevelopment. An incentive FSI of 4 or additional 50-75% is available for redeveloping these buildings depending on the size of the plot. Under clause 33(7) of DCR, FSI for redeveloping cessed buildings varies from 2.5 of gross plot area to an additional incentive FSI of 70% depending on the category of the cessed building and number of plots being redeveloped.
Q:
How is the real estate market doing this festival season?
Latest Answer: Every festive season’s response is compared with the previous month, so the outcome looks good. The impact of the interest rate hike is less.
Q:
I am planning to invest in Versova. Can anyone let me know how is the real estate market in Versova?
Latest Answer: Versova is really good place for live and rates of real estate in this area is growing very fast so invest your money in this area, which helpful to you in future.
Q:
Will the rupee fall hit the infrastructure projects in Mumbai?
Latest Answer: The metro line between Charkop and Mankhurd is currently stalled due to the deadlock between the developers and the government over various clearances and permissions. There is also an opposition to the elevated section. The estimated cost of the project is Rs. 11,000 crore. If the route becomes an underground route instead of an elevated section, the estimated cost would be around Rs. 22,000 crore. With falling value of rupee, it may cost an additional Rs. 2,000 crore. The metro line between Colaba and Andheri SEEPZ via Bandra is completely an underground route with an estimated cost of Rs. 22,000 crore. With the falling rupee value, this too may cost Rs. 2,000 extra.
Q:
Hi, Omaxe city is a 200 acres township in Indore, please share with me details bout the township and the amenities they have? Do they also provide plots? What is the price per sqft for a plot/ apartment in this township?
Latest Answer: Hello, you can follow this link for your requirements. List your property for sale at
List property for sale to find right buyer
Q:
What is the status of Navi Mumbai metro project? By when it will be complete?
Latest Answer: Well Arup,
As per the current news, Rs12000 crore sanctioned for 40 km long Dahisar-Charkop-Bandra-Mankhurd Metro-2 corridor, Rs.12000 crore for 40 km long Wadala-Ghatkopar-Thane-Kasarvadavali Metro-4 via Wadala GPO and R.A.Kidwai Marg, Rs.8100 crore for 27 km long Dahisar East-Andheri East-Bandra East Metro-5 corridor and Rs.3300 crore for 11 km long Jogeshwari-Vikhroli Link Road Metro-6 corridor.
Q:
Hi..i heard that Shilpa Shetty has entered real estate world by launching Groupco developers. Please give me more detail on this.
Latest Answer: Hello All..Groupco developers is also planning to launch in Lothal (near Sanand) in Gujarat.
Q:
Hi all..what do you think about the decision of RBI to reduce repo rate..??
Latest Answer: Which all financial institutions has already indicated a rate cut?
Q:
What are the future prospects of buying a property in Kamothe (Mansarovar)?
Latest Answer: There is a strong demand for 1 and 2 BHK flats in this belt. The location is near the highway as well as the railway station so accessibility is in place. There is an MGM Hospital and lots of shopping and eating out options. The depot will come up shortly and CIDCO too is going to develop this place further. That apart, the availability of low-budget flats has brought a huge chunk of population to make Kamothe their home. In the last year itself, the properties here have witnessed an appreciation of Rs 1000-1500 psf. Currently, the rates here are in the range of Rs 6000 psf and the momentum in this micro-market is extremely encouraging.
Q:
Anyone heard about the new launch by Larsen & Toubro?
Latest Answer: The project Looks set to be Completed on Time or little Ahead of it.
Have booked one Apartment in Aug 2014. in Tower 3.
Q:
What is this new online approval process of home loan by SBI? Can anyone throw some light on it?
Q:
What is low cost rental housing scheme? I heard it is coming up in Mumbai.
Latest Answer: Low cost rental housing scheme of accommodation is for poorer sections of society who needed to stay in a city and were not able to pay high rents. Yes this scheme will be started soon in Mumbai by Mumbai Metropolitan Region Development Authority. The total number of tenements to be built is around 5 lakh units.
Q:
I read in paper that a flat in Mumbai has been sold for 7 crores. Please give more details about it.
Latest Answer: Yes, you are correct! A 4 BHK flat in suburb at Khar in Mumbai has been sold for 7 crores. It was of 3,250 sq ft, located on Khar Road No. 14, and has Italian marble flooring with modular kitchen and contemporary light fittings. Ongoing residential rates in Khar are in the range of 18,000 per sq ft to 25,000 per sq ft.
Q:
The Mumbai Auto-rickshaw Women's Union is likely to call another strike to fulfil their demands and may go for indefinate strikes if their demands are not met. They can hold the city to ransom everytime. What are the demands of the Auto Union? Will the State Commissioner take any steps for that?
Latest Answer: The people of Mumbai are going to suffer again as the auto union will be on strike again if the State Commissioner is not accepting their list of demands. According to the sources, the union demand includes hike in fare, prepaid autos in the airport, shuttle in the suburbs. The senior officials of the state government commissioner's office has given a hike of 50 paise recently so there is no point of giving another hike.
Q:
How CAGR is related to Real Estate?
Latest Answer: Compounded Annual Growth Rate (CAGR) is the growth rate over a period. It is also used in business to report on a specific part of its operations, like revenue, subscriber growth etc.The CAGR is rate at which your revenue, population or business grows over a period.
CAGR=(Current Value / Beginning Value )^(1/# of Years)-1
Q:
I heard that South Mumbai is having horrible condition regarding the power cut and the offices are also able to supply power, it was not too long ago that this state was a power surplus state now what happen why the BEST and TPC is not able to supply power?
Latest Answer: I am a resident of Mumbai and we are suffering a lot with the power cuts problem, the places like Nariman point and Cuffe Parade are in the worst condition and the rural area people are facing load-shedding for 16 hours daily. The offices had to stop their work because of the power cut, banks and insurance company are facing huge losses as they are not able to do the transactions timely and they are also allowing their employees to leave office early as they cannot generate business.
Q:
I have already taken a home loan and paying the installment every month including the interest rate. I just wanted to know whether I can take a new home loan to pay for the existing home loan?
Latest Answer: Yes, of course you can take a home loan to pay-off an existing home loan. Balance Transfer Loan is a type of home loan that helps you to do so. You can avail this type of loan with a lower rate of interest.
Q:
HI, which are the new emerging areas, where the prices are expected to rise in 2 to 3 years time?
Latest Answer: Undri attracts distinct cosmopolitan crowd, having many prominent places such as Country club, Multiplexes and shopping malls. The property rates are still appreciating and the future has many new things for this suburb in South Pune.
Q:
I want to apply for State Bank of India home loan. So, before applying for it, I want to know about its features.
Latest Answer: State Bank of India home loan comes with some good features. Its interest rate is very low and it is applied on daily diminishing balance basis. You can repay the loan within the age of 70 years. You don't need to pay administrative charges or application fee. There's no capital on maximum loan amount for purchase/ construction of house/ flat.
Q:
Buying an Apartment in Delhi
Q:
How do you convert leasehold to freehold property?
Latest Answer: A leasehold property owner can convert leasehold property to freehold property if the owner has owned leasehold property with general power of attorney (GPA), NOC or documents to convert property. In some specific areas such as Delhi NCR, Gurgaon property owners have never converted their property due to hefty conversion cost or cumbersome process of conversion. You can get more information about it after reading
http://www.commonfloor.com/articles/freehold-property-has-better-marketability-6108.html
Q:
What is Title of a property?
Latest Answer: The word “title†is a legal term that means you have legal ownership of property. When you buy a home you need to ensure that the people selling it actually have legal title.It marks clear distinctions between a legal and illegal property. If title is not clear or marketable it will cause problem in future and financial institutes refuse to finance on such properties. There is an article on
Checklist for Buying a Property
