Q:
Construction and real estate companies will have to stay illiberal as there will be no impact of salary hike on them.
Latest Answer: Grateful information of omkar mahim Mumbai.One of the best Location I think latest techniques were a great help in crafting the marvellous ventures real estate proejct that could mesmerize any one . Most important point One of the Location Mahim Mumbai. The Omkar company fosters the essential needs and desires of a modern man.
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Q:
What will be the cost of a fully furnished 1BHK flats in Supertech Azalia?
Latest Answer: Hi all,
I am interested in this project. Can i expect a short review on it? What is the current price per square foot going on? How is the project connectivity?
Q:
The state government has decided to implement the Prime Minister's Housing for All scheme in 51 cities in the state.
Latest Answer: I heard that under this policy the central government will pay Rs 1.5 lakh per house and the state government will pay Rs 1 lakh per house. This scheme will be executed through private developers using land as a resource. Is it true friends?
Q:
Tata Housing is planning to develop 20 million sq-ft. land in 8-cities including Bengaluru, Delhi-NCR and Mumbai over the next few yrs.
Latest Answer: Hi all,
I heard that company has recently signed an agreement with the Rajasthan Government for development of affordable homes in the state under PPP model.
Q:
Hey, I am looking for project details of Hubtown Iris, Mira Road.
Latest Answer: Hi,
You are looking for project details of Hubtown Iris, Mira Road, click this link for more information
Hubtown Iris, Mira Road
Or,
To get best deal in this project list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You
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Q:
Hi, which are the area in Mumbai with rental below Rs. 30000?
Latest Answer: Gud evening everybody,
My question is that why residential projects can fly in BKC in the coming days?
Q:
The real estate private equity market inflows which stood at around $1-1.5 billion per annum over the last few years, is likely to double in the next two years due to the relaxation of FDI norms.
Latest Answer: Yes Anuj,
Allowing 100% FDI automatic route in completed project for operation and management of not only townships but also shopping complexes and business centres, will enable developers to sell completed malls and integrated townships to foreign investors. This will significantly increase the volume of the retail real estate business. Am i right or not?
Q:
Hi Everyone, I am planning to rent a 2 bhk apartment in Mumbai City. Where to rent a spacious 2 bhk apartment?
Latest Answer: Thanks a ton guys for providing information about the localities. Is is possible to share some name names of good project having 2 bhk apartment for rent.
Q:
Hey heard that affordable housing to get a boost in Chennai. Kindly discuss on this news and let me know.
Latest Answer: Hi Mr Ashish,
While Urapakkam is situated at the far end of the Tiruchi-Chennai Highway, Perumbakkam is located along the ECR Link Road. Both localities are in proximity to several IT companies. Perumbakkam is close to Sholinganallur hence, those looking for affordable properties close to the region or along the Old Mahabalipuram Road (OMR) prefer the locality. On the other hand, Urappakam has several IT companies in the vicinity, with the Vandalur-Kelambakkam Road connecting it directly to OMR, an additional benefit for the IT professionals living here.
Q:
I am a NRI and looking forward to invest in Neelkanth Valley in Khopoli? Is this the good project to invest and what about the appreciation that I will get in 5-6 years from now. Any suggestions!!!!
Latest Answer: Hello everyone,
This project is quite good but if anyone knows about facilities or amenities please let us know.
Q:
Planning to buy one of the units in this project? How good is the locality where the proposed flats are coming up? Do let me know.
Latest Answer: Hi Kishore,
I heard that they are quoting Rs. 21000 as the current rate per sqft. If you are opting for home loan then many leading banks like Citi bank, HDFC, ICICI,Axis bank, IndiaBulls are providing loan for this project.
Q:
How many floors are there in this project and when is the possession will be given??
Latest Answer: ok. Thank you Mr Sandeep for giving info about bank providing finance. I will visit one of the banks for availing loan for this project. What will be the appreciation rate in coming years. Will I get my money's worth if i invest in this project??
Q:
Can anybody let me know if work has been started for Shree Satya Shankar Residency?? Have anybody booked a flat in this project??
Latest Answer: Hi Guys
I had bought flat in Phase 1 and still haven't got possession. Please be careful if you are looking to buy. from past 3 yrs i am told i will get possession next month.....
Q:
What is the reason for the downfall in the property rates in Mumbai?
Latest Answer: According to JLL, the real estate market of Mumbai will witness a price check of 25% in the next few quarters and the prices will remain stagnant for the next two years.
Q:
I am looking to buy apartment in Alwar Bypass road in Bhiwadi. Somebody suggested Avalon Rosewood project, so I want to know if it is a good project to invest. Also give all details related to this project.
Latest Answer: Suneet is right.. the project assures calm, attractive and serene nature to its residents. It cannot be matched with any other projects that you would have seen before. The project provides all comforts to the residents and brings them closer to nature.
Q:
Hi..i heard that property tax near metro line is increasing. Please give me details.
Latest Answer: Hey Rajiv..what is transit oriented system..?? i heard a lot about. Please explain me the term.
Q:
Hi, please share the details of this project? and the exact location?
Latest Answer: Also, try booking the flats now as they are giving some assured gifts!! A Hero motorcycle with a 1 BHK and Nano car with 2 BHK is what they have promised.. This is something called ADF scheme with booking of units..
Q:
Hi ..I am interest to know where Tata housing is planning its projects..?? is it planning any affordable project..??
Latest Answer: Hi Ashish...Ariana offers one, two and three bedroom luxury apartments of size varying between 650-1637 sq ft and price of the units starts from Rs 25 lakh.
Q:
Got to know that Godrej properties are coming up with a new project in Chembur in Mumbai. The project's name is Godrej Central? does anyone has details about this project? how is it for investment purpose?
Latest Answer: Hi Guys,
I am interested in this project. Currently they are quoting Rs.1.97cr for a 2BHK in a 30:70 scheme. Even this project has a 30 yrs lease, with possession in another 3.5 years. What do you think about this risk and how can we make sure this risk is minimal ?
Q:
Are the properties near Juhu Airport going to get affected? I heard there is some issue going on with second runway getting shut in the airport and the NOCs of apartments getting reviewed.
Latest Answer: Real estate projects near Juhu Airport are going to get affected as the Airport Authority of India (AAI) has hinted that it will not be shutting down the airport’s secondary runway.
The authorities have also assured that the No Objection Certificates (NOC) that were given to 120 projects including high rise properties in Juhu will be reviewed again.
Q:
What is the reason that the Indian real estate left worried? Will it affect the developers?
Latest Answer: A survey done by Jones Lang LaSalle found that private equity fund who have invested in Indian realty sector are going to make a move by 2012. It has definitely affect the developers who are already in high debt and worried over financial option.
Q:
Will the traffic department take any steps to deal with the traffic problems at night after 10 in the city?
Latest Answer: The traffic cops said that several traffic signals are operated 24/7 and however it is in the hands of the commuters to ride safe after 10 at night.
Q:
What is the Kingfisher management going to do to lessen the burden of debt?
Latest Answer: The management committee had decided to sell half of the Kingfisher property so that they can reduce the debt from 6,500 crores to 3,000 crores.
Q:
There has been lot of confusion happening on Suman Nagar flyover in Mumbai. Why is it so?
Latest Answer: It was found that there are no signboards on the flyover to direct motorists towards Navi Mumbai and Thane. There has been also lot of traffic on the two-lane entry path on the flyover towards Sion.
Q:
It was said that the metro work in Mumbai will be completed soon but still now the work has not shown any progress. What is the reason for the delay in progress?
Latest Answer: Thanks Sandeep!!!!
At present, Mumbai has only a 40 mins distance, single line of metro from Ghatkopar to Versova. But the Development Authority has also accepted 2 new detailed projects, one for the 16.5 km Andheri East to Dahisar East Metro Corridor and the other for 18.6 km Dahisar to D.N. Nagar Metro Corridor.
Q:
I saw an ad about the Lavasa project. I want to gather some more information about the project as my intention is to come back to India and stay far from the city hustles and bustles.
Latest Answer: It is not at all worth to shift there as it is in the outskirts of Pune and there is nothing around the Lavasa ( post office and fire stations). More over it is said that that the Lavasa group which is constructing a 25,000 acre townhill near Pune should be pulled down. The State government is excpected to file a case against Lavasa for environmental violation. The Bombay high court said during the hearing that action should be taken with two weeks.
Q:
There won’t be supply of water in some areas of South Mumbai for 24 hours. What is the reason for not giving water supply in that particular area?
Latest Answer: BMC said that they will repair a 1450mm water pipeline which has developed leakage and they have to undertake the repair work urgently to control the leakage. Due to repair work some of the areas like Grant Road, Mumbai Central Railways Station and nearby areas, Haji Ali, Sleater Road of South Mumbai will not get water for 24hours.
Q:
I have a plot of 550 sq. ft. and I want to sell it to one of my friends. But, the problem is that I have lost the registration papers. Can I still sell my plot? How can I get back the registration papers?
Latest Answer: For selling any plot, the registration papers are mandatory to present. These essential papers proves whether you are the owner of the property or not. If you are missing these vitals docs, then you should go to the land registration/tehsildar office who can help you in this matter.
Q:
The people staying on the top floor of the high rised apartment are anxious about the crackers? What is the reason behind the people getting anxious?
Latest Answer: People who are staying in the high rise apartment are anxious, the reason behind the fear is that crackers like rockets, aerial they raise to the height of 100m which can create mess and may cause major injury. There were many incident occurred this Diwali in Mumbai, all the incident were traced from the apartment's ninth floor beacuse of aerial crackers.
Q:
Another building has collasped in Bhavandi, Mumbai and it has injured many people residing in that building,Why the Bhivandi Nazimpur Municipal Corporation is being so callous toward the people lives and why they are not taking any action against the illegal construction?
Latest Answer: It seems that the residents has already complained about the illegal construction to the Bhivandi Nazimpur Municipal Corporation, the building was unauthorised and an additional constructions was done without the permission of the civic body, the building was a 10 years old building and it was notified as dangerous by the corporation and even a stay order was given but then also it was extended by a builder a year ago, because of which building got collasped as it was not built properly and for that reason many people were injured and some of them even died.
Q:
Is Diwali the right time for people to get associated with the real estate sector and how are the developers trying to promote their sales?
Latest Answer: During festival season we look forward for a new start in our life with new projects and also work. Diwali is the right season to invest in properties, the builder and the sellers find the diwali season to boost up their sales and in the same way the developers promotes their projects with attractive discounts. Actually right from the time of Navaratri to New Year the real estate sector seems to be active. People either book or buy houses during this time.
Q:
I am having the holding capacity for more two years in Ekta Elite, Bandra, Mumbai. Somebody suggest me, shall I sell it or retain it. Will it be profitable if I am selling it?
Latest Answer: First you need to analyze on some important factors like holding period, price paid for investment, and existing price. If you assume that you have got the expected return, then you can sell your property. However, you will be in the profitable side.
Q:
I have bought a flat in Mumbai. The sizes of the apartment is small keeping the future in mind and the space constraint. Is there any advantage to have a smaller area apartment?
Latest Answer: The typical size of a small home is generally 500 sqft. Smaller homes allows for more creative design, more amenities, better flow. You can save great costs on the apartment, lower taxes and less maintenance. Smaller space means more efficient heating and cooling.Smaller homes also lead to a less cluttered and complicated life and reduce the ecological impact. Finally small homes are more affordable and easy maintenance.
Q:
I heard CommonFloor is nominated for best website of the year 2011. I am so impressed by the site and want to do my bit by voting. Please give me the link when I can vote for the site.
Latest Answer: Please visit http://www.websiteoftheyear.co.in/vote.php?id=131 to contribute your vote and spread a word to your friends to vote for commonfloor.com. You can vote in between October 14, and November 21, 2011.
Q:
I am a resident of Pune. How to celebrate pollution-free Diwali this year? Can any initiative be taken by residents of Pune?
Latest Answer: It is good to know that you want to take initiative for pollution free Diwali. But already Y T Oke, founder secretary of anti-noise pollution committee, Mumbai, has come forward in spreading awareness by initiating a program among residents, school and college students on the harmful effects of noise caused by burning up the firecrackers. Leaflets in concern with the pollution-free drive leaflets were distributed to the residents and also students in schools and colleges.The pledge in the leaflet reads, "I will save the money to help poor children. I will convey this message to my parents and all friends".
Q:
I have bought a property in Mumbai and taken home loan for it. What is the amount that will be deducted for the same?
Latest Answer: If loan has been taken for a self occupied property then an amount up to Rs 1,50,000 is allowed for deduction on account of interest paid under Section 24. Under Section 80C, an individual can claim deduction up to Rs 1,00,000 on principal paid.
Q:
I am planning to buy a flat in Mumbai. What is the minimum height for roof which builder has to provide while selling flats? Is it negotiable?
Latest Answer: In residential buildings, the minimum stipulated height has to be 9ft and the maximum height can be up to 11ft . For commercial buildings, the roof's height can be greater than 11 ft.
Q:
I am a resident of Mumbai. Recently I read about social car parking scheme.What is it all about? Is it useful to residents in any ways? Could any apartment resident implement it?
Latest Answer: Yes it is of great importance for residents who have limited parking area for cars. This scheme took birth because of not getting spaces for car park and internal fights between residents. Social Car parking Scheme is a voluntary service which is started by the residents itself and not a compulsion for everyone to join. In this scheme the residents of the lane or apartments have to form an association with car owners as members. The allotment of car parking is given to each and every resident having car for day and night parking. Allotment is done on equal basis and is not biased. Corporation is paid a nominal amount by the residents for allowing car park space.