Q:
We have booked 1 bhk flat in your Neptune Swaraj project in Sector 2, Bldg. No.10. Please inform when we can expect completion?
Q:
Will subsidy be given on the cost of land where affordable housing units will be constructed?
My replies to this discussion
Well, it really sound great that our ministers are thinking not only for the development of real estate but also for the country's development. Even the Housing Minister Prakash Mehta recommended a decrease in FSI-TDR rates to make land available to developers in return for a specific percentage of free homes to the government, which could be sold at low prices to the poor classes.
At the same time , through this, the govt could eliminate its Rs.350000 crore financial debt pressure got from the past program.Well, it really sound great that our ministers are thinking not only for the development of real estate but also for the country's development. Even the Housing Minister Prakash Mehta recommended a decrease in FSI-TDR rates to make land available to developers in return for a specific percentage of free homes to the government, which could be sold at low prices to the poor classes.
At the same time , through this, the govt could eliminate its Rs.350000 crore financial debt pressure got from the past program.
Q:
Why the builders are not interested in developing the affordable housing projects?
Q:
What happens when you start staying in a flat for which the builder has not yet got the Occupancy certificate ?
Q:
I have heard that Geeta Height project has been hit by some legal issues. As from last 6months project has not progressed beyond 4th slab
Q:
Hello,
I have rented a 1 bedroom flat in Mumbai and signed 11 month leave and license agreement. There is no lock-in period and the agreement clearly states that, both parties can terminate the agreement by giving 1 month advanced notice. Does this mean I can terminate my agreement in 5 months by giving notice in 4th month. Appreciate your response. Thanks....Ritesh
My replies to this discussion
Hey all,
Have you heard the latest news on amendment in Maharashtra Rent Control Act 1999. This Act does not apply to any premises belonging to the Government or a local authority, any premises let or sub-let to banks, or any Public Sector Undertakings or any Corporation established by or under any Central or State ActHey all,
Have you heard the latest news on amendment in Maharashtra Rent Control Act 1999. This Act does not apply to any premises belonging to the Government or a local authority, any premises let or sub-let to banks, or any Public Sector Undertakings or any Corporation established by or under any Central or State Act
Q:
Today we visited the site... but dumping ground smell was bothering us.... liked the project. But because of that dirty smell we are in two minds.
Q:
The construction of this site is not in progress from last 1 year. Can u please tell me the problem? Why construction is not going on?
Q:
Dear Sir,
I have flat in mumbai and i m planning to sell it off.I would like to know what is procedure to sell property in mumbai. I mean , will there be any transfer charges to be paid to builder and also what would be registration and other charges.
I would also like to know that in Mumbai selling price per sqft includes everything ( car parking. electrcitiy ,water, sweage and maintenance)
Awaiting for your prompt response.
Regards
Ravi
My replies to this discussion
Hi everybody,
I wanted to know the benefits of the resale property?Hi everybody,
I wanted to know the benefits of the resale property?
Q:
What are the future prospects of investing in this project?
Q:
Hi, any updates on the new land bill? When it will be announced, and what can we expect from it?
My replies to this discussion
Look Khushi,
Farmers are innocent and politicians are changing their mind. You have seen that lot's of politician became active after the issue of Land Acquisition Bill.
Despite the fact that it's very clear that the overall land acquisition under selected projects will not impact more than 0.5% of the cultivable land in India, the activists say that the person who looses the land should get compensation, no matter how much minor they are.Look Khushi,
Farmers are innocent and politicians are changing their mind. You have seen that lot's of politician became active after the issue of Land Acquisition Bill.
Despite the fact that it's very clear that the overall land acquisition under selected projects will not impact more than 0.5% of the cultivable land in India, the activists say that the person who looses the land should get compensation, no matter how much minor they are.
Q:
Tirupati Balaji Buiders and Developers PVt Ltd New Panvel
Information on Quality of work of Tirupati Balaji Builders and Developers Pvt Ltd New Panvel Mahendra P.K. Singh is managing director.
Q:
What are the present property registration and stamp duty charges in Goa?
My replies to this discussion
Hi,
Which are the other grey areas before the Real Estate developers in Goa those need quick attention for redressal? What are the recommendations of CREDAI-Goa to the Govt.?Hi,
Which are the other grey areas before the Real Estate developers in Goa those need quick attention for redressal? What are the recommendations of CREDAI-Goa to the Govt.?
Q:
I had booked a flat at casa rio viva (d) in 2010 and project kicked off 0n 2011, as per their commitments it was going to be positioned in 2012, which never happened and moreover they dont entertain people to see their building, very sluggish answers from represntatives.
now they had given me a new date of May 14, and i know again they are going to shift.
above all we are suffering from other burdens.
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
My replies to this discussion
No need to worry now......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. Chief Secretary, Sanjay Bhatia has been in touch with the central ministries.No need to worry now......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. Chief Secretary, Sanjay Bhatia has been in touch with the central ministries.
Q:
Had booked almost 4 years back.... No communications with the builders. Now they seek a increase in premium for per square feet....... Not my problem if they took the advance and put an fullstop to the construction......
Q:
Hi,
Good news for those who has agriculture land and wanted to be convert into non-agriculture land. The move that could help in boosting the development in Maharashtra to help in conversion of agricultural lands in cities and townships into no agriculture land has been simplified in a state cabinet meeting.
My replies to this discussion
Currently, The Maharashtra Government has done away with the need to obtain permissions for changing the use of land to 'non-agricultural' category for land covered under the Development Plans (DPs). They simplified the procedure to convert farmland into non- agricultural (NA) land for plots covered under Development Plans (DPs) in urban areas. The GR has made it mandatory for revenue officials to furnish details of classification of land (agricultural or non-agricultural) within 30 days of receiving an application.Currently, The Maharashtra Government has done away with the need to obtain permissions for changing the use of land to 'non-agricultural' category for land covered under the Development Plans (DPs). They simplified the procedure to convert farmland into non- agricultural (NA) land for plots covered under Development Plans (DPs) in urban areas. The GR has made it mandatory for revenue officials to furnish details of classification of land (agricultural or non-agricultural) within 30 days of receiving an application.
Q:
I've invested in Dream Sai Elegance, a project by Dream Developers, plot 267, sector 17, Ulwe, Navi Mumbai. I hope its a trustworthy and genuine developer by God grace. Please share your inputs.
My replies to this discussion
Hi,
Dream Sai Elegance by Dream Developer located at Ulwe, Navi Mumbai. I had recently visited to the project site and found that the external work has been finished and some work on internal is going on. As per the staff available in the project site, date of possession will be September'2015.Hi,
Dream Sai Elegance by Dream Developer located at Ulwe, Navi Mumbai. I had recently visited to the project site and found that the external work has been finished and some work on internal is going on. As per the staff available in the project site, date of possession will be September'2015.
Q:
Runwal city possession in 6 moths and in dec 2019
My replies to this discussion
Hi Everybody,
I am planning to buy a flat in Runwal Eerine. But i heard that location of this projects is not too good. can anybody give the details of the locality and the project connectivity to the other parts of the city? Thanks....Hi Everybody,
I am planning to buy a flat in Runwal Eerine. But i heard that location of this projects is not too good. can anybody give the details of the locality and the project connectivity to the other parts of the city? Thanks....
My replies to this discussion
Hi Varun,
The state govt. has explained Economically Weaker Section houses as residences spread over up to 269 sq-ft, LIG houses spread over 270 to 538 sq-ft, and MIG houses as 539 to 753 sq ft, while any house spread over more than this area is considered as HIG.
Yes, registration charges for these houses will also be decreased to the standard 1000/ transaction against the current impose of 25000.Hi Varun,
The state govt. has explained Economically Weaker Section houses as residences spread over up to 269 sq-ft, LIG houses spread over 270 to 538 sq-ft, and MIG houses as 539 to 753 sq ft, while any house spread over more than this area is considered as HIG.
Yes, registration charges for these houses will also be decreased to the standard 1000/ transaction against the current impose of 25000.
Q:
Hi, India's first Eco City cell launched by the civic body, along with The Energy and Resources Institute (TERI). NMMC has partnered with TERI for attaining the status of first Eco City in the country.
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.
My replies to this discussion
Hi Dhiraj,
I am not getting you what you want to say. Will you plz. mentioned the locality? Which locality in Nagpur are you talking about? It will help me to give you the right answer. Thanks..Hi Dhiraj,
I am not getting you what you want to say. Will you plz. mentioned the locality? Which locality in Nagpur are you talking about? It will help me to give you the right answer. Thanks..
Q:
Hi, do you know that the Brihanmumbai Municipal Corporation (BMC) spends more than the estimated cost on projects mainly due to delays.
My replies to this discussion
Further it came to know that over 300 structures affecting the flyover work had to be relocated. The Mumbai Metropolitan Region Development Authority had planned to construct the flyover but later it handed it over to BMC, probably due to the encroachments.Further it came to know that over 300 structures affecting the flyover work had to be relocated. The Mumbai Metropolitan Region Development Authority had planned to construct the flyover but later it handed it over to BMC, probably due to the encroachments.
Q:
The affordable housing sector was expecting that the Modi govt, like last time, would extend some support to it and solve the difficulties. But hopeless result.
My replies to this discussion
We were expecting tax rebate on raw materials and additional exemption of income tax on housing loan, and streamling other taxes including service tax. On the contrary service tax has been increased to 14%.We were expecting tax rebate on raw materials and additional exemption of income tax on housing loan, and streamling other taxes including service tax. On the contrary service tax has been increased to 14%.
Q:
Hi, I have bought a flat in Navi Mumbai and I have not received the Occupation certificate. The building which was constructed come under the Coastal regulation Zone. What are the implications of it ? The building was constructed in the year 2010. Would we ever get a OC. What can we do now?
Q:
My builder has applied for an occupation certificate. He had received an CC on 2009 but did not receive an OC. It was said that the building came under CRZ. How do verify the genuinity of the claim.
My replies to this discussion
As per law it is illegal for a building without OC to be occupied. There are several reasons for this, including: 1) The building is not as per the sanctioned plan, has illegal unsanctioned floors/ walls/ extensions, 2) The building is not safe to inhabit because of quality of construction, safety of stairs/ lifts, electrical safety, fire safety, airline safety, etc. 3) The building is not capable of fulfilling its mandatory role in managing its waste, sewage, water.As per law it is illegal for a building without OC to be occupied. There are several reasons for this, including: 1) The building is not as per the sanctioned plan, has illegal unsanctioned floors/ walls/ extensions, 2) The building is not safe to inhabit because of quality of construction, safety of stairs/ lifts, electrical safety, fire safety, airline safety, etc. 3) The building is not capable of fulfilling its mandatory role in managing its waste, sewage, water.
Q:
Hey, Have you heard about the RBI's second rate cut?
My replies to this discussion
@Shantanu,
For the moment, bankers across the board welcomed the rate cut move, which comes within days of the Budget'15 and an agreement being reached between RBI and the government over inflation targeting.
Private sector lender Yes Bank's Rana Kapoor said he expects cuts of 1.50% more this fiscal which will help boost the sentiment and re-ignite investments.
Similarly, Bank of Maharashtra's Executive Director R K Gupta said the rate cut shows the central bank's comfort about the quality of fiscal consolidation and is positive for growth.
@Shantanu,
For the moment, bankers across the board welcomed the rate cut move, which comes within days of the Budget'15 and an agreement being reached between RBI and the government over inflation targeting.
Private sector lender Yes Bank's Rana Kapoor said he expects cuts of 1.50% more this fiscal which will help boost the sentiment and re-ignite investments.
Similarly, Bank of Maharashtra's Executive Director R K Gupta said the rate cut shows the central bank's comfort about the quality of fiscal consolidation and is positive for growth.
My replies to this discussion
Hi,
Here are the list of 2/3 BHK property available for rent in Mira Road, Mumbai. To get more information of these properties click the link
Apartments fo rent in Mira Road, Mumbai
Or,
To get best deal on your selected property list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You
Post your Requirements to get matching properties details on your Email and Mobile.
Hi,
Here are the list of 2/3 BHK property available for rent in Mira Road, Mumbai. To get more information of these properties click the link Apartments fo rent in Mira Road, Mumbai
Or,
To get best deal on your selected property list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
Q:
Guys pl join us in movement to get our houses back on facebook.
My replies to this discussion
Hi,
Can you tell me which project are you talking about so that i can forward you some useful information on it?
Buying a home is a big decision. Most invest their hard-earned money into buying a house. But what if we do not get possession on time? In such cases, the flat purchaser can file a consumer complaint for deficiency in service as defined under the Consumer Protection Act (CPA), 1986, against the builder. He is required to file a written complaint before the appropriate consumer redressal forum set up under the Act.Hi,
Can you tell me which project are you talking about so that i can forward you some useful information on it?
Buying a home is a big decision. Most invest their hard-earned money into buying a house. But what if we do not get possession on time? In such cases, the flat purchaser can file a consumer complaint for deficiency in service as defined under the Consumer Protection Act (CPA), 1986, against the builder. He is required to file a written complaint before the appropriate consumer redressal forum set up under the Act.
Q:
For end use Baner and Wakad are the best destination for property buyers.
My replies to this discussion
Hi,
Baner and Wakad in Pune have recorded maximum interest from property buyers for end use. Over 45% of the total demand for properties in Pune was strong in West Pune and both the localities come out as the most preferred destinations.Hi,
Baner and Wakad in Pune have recorded maximum interest from property buyers for end use. Over 45% of the total demand for properties in Pune was strong in West Pune and both the localities come out as the most preferred destinations.
Q:
Hi, what are the options and basic amenities available in this project?
My replies to this discussion
Hi Abhinandan,
The project, Premier Legend, offers 1/2 BHK residential flats with best amenities like a gymnasium, kids play area and landscaped garden among other.Hi Abhinandan,
The project, Premier Legend, offers 1/2 BHK residential flats with best amenities like a gymnasium, kids play area and landscaped garden among other.
As far as company is concerned, HDIL is a brand name in real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).As far as company is concerned, HDIL is a brand name in real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).
Q:
I have booked a 2BHK in this project and want to connect with anyone who has booked. Do that we can update each other on the status, payments, paperwork, etc.
My replies to this discussion
Do you have any information of it's possession? What are the location advantages of this project? What is the current residential property rate is going on in the locality?Do you have any information of it's possession? What are the location advantages of this project? What is the current residential property rate is going on in the locality?
Q:
Hi, my query is how are the returns on investment in Nalasopara?
Q:
Hi, what roadblocks is the Smart City project currently facing?
My replies to this discussion
Hi,
It is came to know that the International consultancy firm McKinsey unofficially helped out the urban development ministry in preparing the groundwork for the Rs 7000 crore project and one of its consultants even authored a key tender document for the selection of the consultant, Having said that, the firm itself was not interrupted from bidding for the tender and was evidently working on a bid when the tender was throw away on March 9, hardly 48 hours before the closing date.Hi,
It is came to know that the International consultancy firm McKinsey unofficially helped out the urban development ministry in preparing the groundwork for the Rs 7000 crore project and one of its consultants even authored a key tender document for the selection of the consultant, Having said that, the firm itself was not interrupted from bidding for the tender and was evidently working on a bid when the tender was throw away on March 9, hardly 48 hours before the closing date.
Q:
Hi, what makes Andheri West a preferred rental destination in Mumbai?
My replies to this discussion
Hi Shrabani,
The most common configurations available for sale in the area are 1/2/3BHK apartments. Typical built area of a 1BHK apartment is about 500-750 sq-ft. while 2BHK apartment is about 650-1250 sq-ft. The approximate built area of a 3BHK apartment is about 1000-2000 sq-ft.
Current property prices in the area are in the range of Rs 21000-30000/sq-ft. while the approximate rental prices in the area are in the range of Rs 45-50/sq-ft. Hi Shrabani,
The most common configurations available for sale in the area are 1/2/3BHK apartments. Typical built area of a 1BHK apartment is about 500-750 sq-ft. while 2BHK apartment is about 650-1250 sq-ft. The approximate built area of a 3BHK apartment is about 1000-2000 sq-ft.
Current property prices in the area are in the range of Rs 21000-30000/sq-ft. while the approximate rental prices in the area are in the range of Rs 45-50/sq-ft.
Q:
Hi, how are investment prospects in Panvel?
My replies to this discussion
Well Shalini,
How is the real estate trend in Panvel? What is the current property rate is going on in the locality? How much appreciation on can expect in 3-5 years?Well Shalini,
How is the real estate trend in Panvel? What is the current property rate is going on in the locality? How much appreciation on can expect in 3-5 years?
Q:
Hi,
What all sizes in 2BHK are available in Suvidha Pearl?
My replies to this discussion
Hi Anuskha,
When is the expected date of possession and which all banks have approved this project for home loan? What is the current status of Suvidha Pearl, Vile Patle East? Has the project work started?Hi Anuskha,
When is the expected date of possession and which all banks have approved this project for home loan? What is the current status of Suvidha Pearl, Vile Patle East? Has the project work started?
Q:
Hi, How is Mira Road's realty market performing?
Q:
can anyone tell me the new project in palghar by poonam developers of poonam park is trustworthy for investment?
My replies to this discussion
As far as project locality is concerned, Poonam Park by Poonam Developers is strategically located Manor Link Road next to St. John Pharmacy and Research College. It is well connected with the Western Express Highway on th east. Palghar is a town in Thane district and is located 129 Kms towards North from the district headquarters Ratnagiri. It is a border town located near Gujarat and situated at a distance of 87 Kms from capital city Mumbai.As far as project locality is concerned, Poonam Park by Poonam Developers is strategically located Manor Link Road next to St. John Pharmacy and Research College. It is well connected with the Western Express Highway on th east. Palghar is a town in Thane district and is located 129 Kms towards North from the district headquarters Ratnagiri. It is a border town located near Gujarat and situated at a distance of 87 Kms from capital city Mumbai.
If you are looking for the project connectivity, then i would like to say that onnectivity to the town is good and smooth as it is a part of the Mumbai Suburban Rail network. The town lies on the Mumbai-Ahmadabad rail route and is the next major junction after the town of Virar. By road, it is connected by the National Highway 8 which connects Mumbai and Ahmedabad.If you are looking for the project connectivity, then i would like to say that onnectivity to the town is good and smooth as it is a part of the Mumbai Suburban Rail network. The town lies on the Mumbai-Ahmadabad rail route and is the next major junction after the town of Virar. By road, it is connected by the National Highway 8 which connects Mumbai and Ahmedabad.
Q:
Hi, which are the area in Mumbai with rental below Rs. 30000?
My replies to this discussion
Gud evening everybody,
My question is that why residential projects can fly in BKC in the coming days?Gud evening everybody,
My question is that why residential projects can fly in BKC in the coming days?
Hi all,
I am planning to rent a flat in Chembur. How is the locality and the rental value in the locality? What would be the rent of 2 BHK flat?Hi all,
I am planning to rent a flat in Chembur. How is the locality and the rental value in the locality? What would be the rent of 2 BHK flat?
Q:
How many days it takes to acquired Ownership Certificate? What is the cost of obtaining approval? Where do we get the permission from?
Q:
What is the current residential property rate is going on in Andheri East?
Q:
Can anyone share about Mayfair hillcrest project about location, water, builder and other points.
Q:
Hi, I am looking for a project called Anmol Fortune, Goregaon West, Mumbai. Any feed back of this project.
My replies to this discussion
Hi Kunal,
Located at Unnat Nagar, Anmol Fotune is an astonishing residential real estate project developed by Wadhwa Group offers 2/2.5 and 3BHK residential flats. It's various sizes are 670 sq-ft in 1BHK, 875 sq-ft in 2BHK and 1072 sq-ft in 3BHK. It is a G+27 storey apartment consists between 125-150 apartments in Towers. Actually, this project is developing 5 towers but the booking is only for 2 towers only. It is spread over 3.5 acres of land.Hi Kunal,
Located at Unnat Nagar, Anmol Fotune is an astonishing residential real estate project developed by Wadhwa Group offers 2/2.5 and 3BHK residential flats. It's various sizes are 670 sq-ft in 1BHK, 875 sq-ft in 2BHK and 1072 sq-ft in 3BHK. It is a G+27 storey apartment consists between 125-150 apartments in Towers. Actually, this project is developing 5 towers but the booking is only for 2 towers only. It is spread over 3.5 acres of land.
Hi Rajiv,
Anmol Fortune is a BMC approved project and all the approvals are in place. Banks like HDFC, SBI, Axis etc. are funding this project.
Yes, They are charging Rs. 100/sq-ft. for floor rise.Hi Rajiv,
Anmol Fortune is a BMC approved project and all the approvals are in place. Banks like HDFC, SBI, Axis etc. are funding this project.
Yes, They are charging Rs. 100/sq-ft. for floor rise.
Q:
I would like to purchase 1 bhk in beyond Thane area or in Navi Mumbai.
My budget is 20 L. Can you please suggest where to Invest this amount.
I would be contributing 7 L and rest would be loan. I am a salaried person.
Q:
Yes, it is true. As per new research the southern Indian city is now the countrys leading real estate destination
My replies to this discussion
Hi all,
What is the reason of Mumbai's down fall?Hi all,
What is the reason of Mumbai's down fall?
Q:
Hi, can anybody provide me the details of this project?
My replies to this discussion
Hi Ketal,
They are charging Rs. 108000/- as a booking amount for One Discovery in Mulund West.Hi Ketal,
They are charging Rs. 108000/- as a booking amount for One Discovery in Mulund West.
Q:
As per the Mumbai Police, "no police NOC'" is required to rent out your house to anyone.
Q:
I need project details of K Patel Samudraa in Malad West, Mumbai.
My replies to this discussion
Hi,
Are you planning to buy properties in Malad West? Here are the best project called K Patel Samudraa by K Patel Group. To get more information of this project click the link
K Patel Samudraa, malad West, Mumbai
Or,
To get best deal on it list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You
Post your Requirements to get matching properties details on your Email and Mobile.Hi,
Are you planning to buy properties in Malad West? Here are the best project called K Patel Samudraa by K Patel Group. To get more information of this project click the link K Patel Samudraa, malad West, Mumbai
Or,
To get best deal on it list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
Q:
What is the maximum rate of plot in Navi Mumbai as off today?
My replies to this discussion
Hi everybody,
In spite of a slow phase in the real estate sector, the record selling price of plots sends a completely different message. This shows that there is still confidence in the market and there is demand for both residential and commercial places.Hi everybody,
In spite of a slow phase in the real estate sector, the record selling price of plots sends a completely different message. This shows that there is still confidence in the market and there is demand for both residential and commercial places.
Q:
What efforts are builders in MMR putting to improve the bearish residential market?
Q:
Could RBI's rate cut revive the home sales?
My replies to this discussion
@Abhi,
Manoj Gaur, MD, Gaursons India Ltd told that with this move, stakeholders are now expecting the sales to improve as more potential customers will think of buying homes as the interest rates will be reduced. With weakening rupee and core sector index shrinking to 0.4% in the month of April, this move by RBI shows aggressive decision making which will be very crucial for the upcoming months.@Abhi,
Manoj Gaur, MD, Gaursons India Ltd told that with this move, stakeholders are now expecting the sales to improve as more potential customers will think of buying homes as the interest rates will be reduced. With weakening rupee and core sector index shrinking to 0.4% in the month of April, this move by RBI shows aggressive decision making which will be very crucial for the upcoming months.
Q:
Also, need info on current market rate per sq feet in new panvel area , say approx. in 1km radius from D mart , new panvel.
My replies to this discussion
Hi,
Neel Group Builders and Developers is not a very famous builder in Mumbai like, Tirupati Balaji Group, Kalpataru, Adani Group, Lodha Group, Oberoi Realty Ltd. and so on. So, before investing in their project survey the project site, see the construction quality and the amenities promised by the developers.
Before signing the agreement check all the legal approvals, visit the local municipal and verify the documents. Better, the advice of a legal expert in this matter. After all it is a matter of your hard earned money.Hi,
Neel Group Builders and Developers is not a very famous builder in Mumbai like, Tirupati Balaji Group, Kalpataru, Adani Group, Lodha Group, Oberoi Realty Ltd. and so on. So, before investing in their project survey the project site, see the construction quality and the amenities promised by the developers.
Before signing the agreement check all the legal approvals, visit the local municipal and verify the documents. Better, the advice of a legal expert in this matter. After all it is a matter of your hard earned money.
Q:
The promise of Acche Din by the Modi Government is gaining Pace.
My replies to this discussion
Hey Kunal And Joydeep,
With the launch of these 3 schemes, PM also unwrapped the criteria and guidelines for the smart cities and other schemes apart from releasing operational guidelines for the 3 urban missions, releasing logos and tag lines. Modi also stated that neither the centre nor the states will have any choice in choosing 100 cities through a competition for smart cities scheme. The launch event is to be followed by a 2 day workshop where over 1000 mayors, municipal heads, ministers concerned from states and their chief secretaries will take part.Hey Kunal And Joydeep,
With the launch of these 3 schemes, PM also unwrapped the criteria and guidelines for the smart cities and other schemes apart from releasing operational guidelines for the 3 urban missions, releasing logos and tag lines. Modi also stated that neither the centre nor the states will have any choice in choosing 100 cities through a competition for smart cities scheme. The launch event is to be followed by a 2 day workshop where over 1000 mayors, municipal heads, ministers concerned from states and their chief secretaries will take part.
Yesterday, 3rd September,2015, Union Urban Development Ministry sanctioned a sum of Rs 192 cr under Smart City Mission for 96 cities included in the ambitious project. Each of the cities has been given Rs 2 cr for preparing Smart City plans with the assistance of technical and hand holding agencies.Yesterday, 3rd September,2015, Union Urban Development Ministry sanctioned a sum of Rs 192 cr under Smart City Mission for 96 cities included in the ambitious project. Each of the cities has been given Rs 2 cr for preparing Smart City plans with the assistance of technical and hand holding agencies.
Q:
Why the demand for housing growing in the Mumbai Metropolitan Region while the property prices in many areas of MMR too are going up?
My replies to this discussion
Hi everybody,
How is the rental markets in New Panvel? What is the current rental rates is going on in the locality? What is the percentage of affordable, mid-segment, luxury and ultra-luxury segments?Hi everybody,
How is the rental markets in New Panvel? What is the current rental rates is going on in the locality? What is the percentage of affordable, mid-segment, luxury and ultra-luxury segments?
Q:
Have they got the IOD and CC for this project?
My replies to this discussion
Hi Abhi,
Sheth Avante is in pre-launch phase but they will apply for the IOD in next 2-3 months and then Commencement Certificate in the month of October-November.Hi Abhi,
Sheth Avante is in pre-launch phase but they will apply for the IOD in next 2-3 months and then Commencement Certificate in the month of October-November.
Q:
may i know why is this project is stopped suddenly is there any legal issues?
Q:
Buying a dream home in Navi Mumbai could be more expensive as CIDCO hikes reserve prices.
Q:
Which are top 5 rental markets based on availability and rental yield in Q2 2015?
Q:
How is the locality of Mira Road in terms of real estate development?
Q:
Planning to invest in Oyster Living Divino project in Dahisar (East). Can anyone share their experience of dealing with this builder.?.Commitment fulfillment & reliability.
Q:
Why the sizes of houses in MMR have reduced?
My replies to this discussion
The event started first in cities such as Mumbai and Delhi as the investor component in these cities is higher and investors don't typically care about the size of the apartment. While in Mumbai Metropolitan Region, the trend first started in the suburbs and Thane, and later extent to Navi Mumbai, which at the begining had a lot of investor interest. But now they understand the trick.The event started first in cities such as Mumbai and Delhi as the investor component in these cities is higher and investors don't typically care about the size of the apartment. While in Mumbai Metropolitan Region, the trend first started in the suburbs and Thane, and later extent to Navi Mumbai, which at the begining had a lot of investor interest. But now they understand the trick.
Q:
As per a report, there is an inventory pile-up of 46 months in the Mumbai Metropolitan Region this result of high pricing in the MMR.
Q:
wat is good price for VBHC iin palghar...best per sq feet price
Q:
Due to slow home sales in the last couple of years and banks becoming cautious about lending to the industry, real estate developers are now turning to PE and NBFCs companies to refinance their debt.
My replies to this discussion
The passiveness in the market, availability of refinancing at lower rates and top up needed to take the projects further are essentially three factors behind such deals.The passiveness in the market, availability of refinancing at lower rates and top up needed to take the projects further are essentially three factors behind such deals.
Hey folks,
Developers take a hit on their fundamentally expected margins when they have to refinance a project, while the refinancer needs to make sure that a developer has plenty of excitement left to complete the project. Investors are taking different strategies to make sure this.Hey folks,
Developers take a hit on their fundamentally expected margins when they have to refinance a project, while the refinancer needs to make sure that a developer has plenty of excitement left to complete the project. Investors are taking different strategies to make sure this.
Q:
The total investments into the real estate markets by PE investors have increased to Rs 11080 cr in the 1st half 2015 as against Rs 4000 cr in the same period last year.
Q:
Which are the growth factors of Goregaon East from a real estate standpoint?
My replies to this discussion
Good Morning Khushi,
Goregaon East is a suburb of Mumbai located in the city's northern part. The growth of the region started after the 1970s due to commercialization of the area and the settlement of a large number of people. It is situated just beyond Andheri and in the neighborhood of Powai. Due to its closeness to Powai and Andheri, the area is close to important business hubs such as SEEPZ, SEZ and Kensington SEZ. The area is further connected to other areas and business hubs via Western Express Highway (WEH), JVLR, Aarey Road and SV Road.Good Morning Khushi,
Goregaon East is a suburb of Mumbai located in the city's northern part. The growth of the region started after the 1970s due to commercialization of the area and the settlement of a large number of people. It is situated just beyond Andheri and in the neighborhood of Powai. Due to its closeness to Powai and Andheri, the area is close to important business hubs such as SEEPZ, SEZ and Kensington SEZ. The area is further connected to other areas and business hubs via Western Express Highway (WEH), JVLR, Aarey Road and SV Road.
Q:
To maintain standard configurations, developers are changing apartment sizes and price them differently to deal them as value-for-money options.
Q:
The NDMA has told the government that the cities being developed in coastal states as "Smart Cities" under the Prime Minister's flagship programme must be disaster resilient.
My replies to this discussion
it has also proposed that a database will be prepared of pregnant women in their 4th trimester be to shift them to emergency care in hospitals before the cyclone strikes.it has also proposed that a database will be prepared of pregnant women in their 4th trimester be to shift them to emergency care in hospitals before the cyclone strikes.
Q:
Piramal Vaikunth by Piramal Realty is a mixed-use development in su-urban Thane.
Q:
The real estate monthly tracker for MMR highlights the key trends witnessed in the residential market during August-September, 2015 coupled with infrastructure and government policy updates. It gives a complete city outlook, including the total number of units launched, BHK prices and Typology split, and the most active micro market in terms of new unit supply in the given period. Also, the news around the major transactions and industry buzz are highlighted as far as real estate is concerned.
My replies to this discussion
Which are the key projects developing in the MMR and what are the USP of those projects? How much is the per square feet rate is going on?Which are the key projects developing in the MMR and what are the USP of those projects? How much is the per square feet rate is going on?
Q:
Credai has filed complaint with fair trade regulator CCI against cement manufacturers complaining manipulation in prices of construction material that have risen by up to 40% in last 2 months.
My replies to this discussion
Yes, last month NCR's Credai division had decided to stop buying cement from companies like Ultratech and Lafarge for one-sidedly increasing cement prices in last one month. To control the cost of construction and make home prices work for the common man, the Credai has moved the CCI against cement manufacturers who have been extremely increasing the cost of cement.Yes, last month NCR's Credai division had decided to stop buying cement from companies like Ultratech and Lafarge for one-sidedly increasing cement prices in last one month. To control the cost of construction and make home prices work for the common man, the Credai has moved the CCI against cement manufacturers who have been extremely increasing the cost of cement.
Q:
Any price updates on Motiram Privilege by Vanita Enterprises will be highly appreciated.
My replies to this discussion
Hi Arushi,
Currently, developer is quoting Rs. 2725/sq-ft. but it is negotiable.Hi Arushi,
Currently, developer is quoting Rs. 2725/sq-ft. but it is negotiable.
Q:
CREDAI strongly desire the State government to bring improvements in urban local bodies administration and ask for single window clearance for real estate projects.
My replies to this discussion
CREDAI Mangaluru president D.B. Mehta told the State Govt. that the realty sector has been affected strongly due to bureaucratic delays in functioning of the urban local bodies. A developer has to get at least 20 NOCs from different agencies to start a project. The process of getting NOCs from the agencies could take 1-3 yrs., by which time a developer would have lost valuable time and other resources.CREDAI Mangaluru president D.B. Mehta told the State Govt. that the realty sector has been affected strongly due to bureaucratic delays in functioning of the urban local bodies. A developer has to get at least 20 NOCs from different agencies to start a project. The process of getting NOCs from the agencies could take 1-3 yrs., by which time a developer would have lost valuable time and other resources.
Q:
I have come across the news that though the civil complete is done there is still delay in phase-1
My replies to this discussion
Hi Kabir,
Which project are you talking about and who is the builder of the project? Can you explore your query so that i can give you the exact information?Hi Kabir,
Which project are you talking about and who is the builder of the project? Can you explore your query so that i can give you the exact information?
Q:
To enable time bound and hassle free clearances for projects in urban areas, central govt. has decided on stream lining approvals and will soon issue a notification to this effect by the end of November.
Q:
City and Industrial Development Corporation has prepared a plan to develop a smart city in Navi Mumbai and has thought of an investment of Rs 34777.40 crore.
My replies to this discussion
It is a clear cut indication that if the smart city will developed there will create lakhs of job opportunity. In the coming 5 yrs, there will be investment of more than Rs 50000 crore for infrastructural development facilities in these regions as per report.It is a clear cut indication that if the smart city will developed there will create lakhs of job opportunity. In the coming 5 yrs, there will be investment of more than Rs 50000 crore for infrastructural development facilities in these regions as per report.
Q:
Festive season discounts & offers during Dussehra and Diwali and improved affordability have helped sales in the affordable segment.
My replies to this discussion
Hi Rituraj,
But market observers say that it is not necessarily a sign of a turnaround. Because a few good project launches cannot be seen as a broad-based improvement in the market. Although the resale market continues to wait for buyers, developers who launched projects with discount offers have been able to attract buyers.Hi Rituraj,
But market observers say that it is not necessarily a sign of a turnaround. Because a few good project launches cannot be seen as a broad-based improvement in the market. Although the resale market continues to wait for buyers, developers who launched projects with discount offers have been able to attract buyers.
Q:
Godrej properties has sold 300 apartments within one week at its newly launched project "The Trees" at Mumbai's Vikhroli suburb.
Q:
Mumbai property market in 2015 started with a lot of hope, but the year did not play out as anticipated partly because of pricing.
Q:
The Brihanmumbai Municipal Corporation has a New Year gift for builders and real-estate developers.
My replies to this discussion
Hi everybody,
It means that the number of days required to get these permissions will also reduce from a year to two months.Hi everybody,
It means that the number of days required to get these permissions will also reduce from a year to two months.
Q:
It is a bunch of tall buildings without character, an area for low-cost housing and that is generally a place which is way too far.
Q:
24 FIRs were filed against builders and politicians with the Rabale MIDC police in the Digha illegal construction case, taking the tally to 52 FIRs.
My replies to this discussion
Hi Anuskha,
The demolition campaign to clear 99 illegal buildings, which came up on MIDC and Cidco land, is remaining as residents of the buildings, who were given removal notices, are now obtaining stay orders from time to time. Out of those granted stays, 3 buildings were brought down by MIDC in October, providing over a 100 families homeless.Hi Anuskha,
The demolition campaign to clear 99 illegal buildings, which came up on MIDC and Cidco land, is remaining as residents of the buildings, who were given removal notices, are now obtaining stay orders from time to time. Out of those granted stays, 3 buildings were brought down by MIDC in October, providing over a 100 families homeless.
Q:
While residents are saying that they don't want MHADA to be involved in project.
Q:
I am looking forward to book a home in Rasayani Kalash city. They are offering 2800 /sq feet rate which is ok with me. But it is too far from panvel station and transportation will be problem for daily basis. It is a pre launch offer. Can anyone guide on the authenticity of this project and is it worth investing in this area and this particular project
?
My replies to this discussion
As far as locality is concerned, Rasayani is one of the most upcoming Residential & Investment destination of Panvel offering the best lifestyle and growth opportunities. It is the most happening and growing hub of Raigad district. India's first chemicals industry Hindustan Organic Chemicals Ltd (HOC) was established in 1960 at Rasayani MIDC. NAINA – Navi Mumbai Airport Influenced Notified Area which has been planned and conceptualised by CIDCO around the Navi Mumbai & Panvel location offers high growth and Investment Options.As far as locality is concerned, Rasayani is one of the most upcoming Residential & Investment destination of Panvel offering the best lifestyle and growth opportunities. It is the most happening and growing hub of Raigad district. India's first chemicals industry Hindustan Organic Chemicals Ltd (HOC) was established in 1960 at Rasayani MIDC. NAINA – Navi Mumbai Airport Influenced Notified Area which has been planned and conceptualised by CIDCO around the Navi Mumbai & Panvel location offers high growth and Investment Options.
Q:
Hi. I am looking for a 2BHK apartment on rent in India. My budget is 60k a month and I am looking for a safe and well connected locality which would work well for my family. I am preferably looking for something in the suburbs since that would be ideal for my commute to work.
My replies to this discussion
Hi,
Are you looking for a ready-to-move , pre-launch or under construction properties in Mumbai? I would suggest you to buy a ready-to-move project. Although, it is little bit higher than under construction property but safe in legal side.Hi,
Are you looking for a ready-to-move , pre-launch or under construction properties in Mumbai? I would suggest you to buy a ready-to-move project. Although, it is little bit higher than under construction property but safe in legal side.
Q:
Hi, I am looking for RR rates in the Gokhale Road, Naupada area of Thane city for the year 1981. Where will I able to get these ? Thanks!
My replies to this discussion
Cost inflation index was 100 in the year 1981-82 but it is very difficult to say the ready reckoner rate at that time.Cost inflation index was 100 in the year 1981-82 but it is very difficult to say the ready reckoner rate at that time.
Q:
In a move by Raghuram Rajan to release regulatory capital for banks has received a positive response from the market.
My replies to this discussion
Now you all want to know that what kind of assets could be revalued. Here are those banks which hold real estate where the value is not recognized anywhere and this could one of the items that could be revalued. Almost all public sector banks hold real estate with market value running into thousands of crore.Now you all want to know that what kind of assets could be revalued. Here are those banks which hold real estate where the value is not recognized anywhere and this could one of the items that could be revalued. Almost all public sector banks hold real estate with market value running into thousands of crore.
Q:
Hi Sir,
I am looking for property in Kandivali. There is a project of Ruparel Reality west park (code name). They are offering 2 BHK under 1 cr and provide possession end of Dec 2018. This is a SRA project and they don’t have IOD till now.
I am end user and this will be our first property.
Is this good to book the flat basis of builder commitment?
What is the reputation of the Ruparel in market ?
Q:
where do we complian and what is previos legal position in our matter
My replies to this discussion
Hi Rajesh,
No construction whatsoever can be carried out on the common area without the consent of the other co-owners. If any construction is commenced or you apprehend that construction may be started without the consent of other co-owners then you may move to court to seek an immediate stay order against the construction.Hi Rajesh,
No construction whatsoever can be carried out on the common area without the consent of the other co-owners. If any construction is commenced or you apprehend that construction may be started without the consent of other co-owners then you may move to court to seek an immediate stay order against the construction.
Q:
The Kolhapur Municipal Corporation (KMC) has started cracking down on property tax defaulters by sealing their properties.
Q:
I am planning to buy a flat in Panvel area. How do I ensure property is not illegal and safe to buy?
Q:
I have agreed a total value with the builder and am now told about the TDS rule. Should I be paying this or should I remove the TDS component when I pay the builder?
Q:
The premium for public parking lots developed by private developers has been increased from 40% to 60% based on the ready reckoner rate of the locality.
My replies to this discussion
Actually Public Parking Lot policy allowing pay-and-park on private properties was approved in 2008. Now, builders are given incentives in terms of additional construction rights if they give a section of their plot to build a public parking lot free of cost for the BMC.Actually Public Parking Lot policy allowing pay-and-park on private properties was approved in 2008. Now, builders are given incentives in terms of additional construction rights if they give a section of their plot to build a public parking lot free of cost for the BMC.
Q:
There is no area for play in aishwaryam courtyard as I am a child from that society only
My replies to this discussion
Hi Aniket,
Now-a-days, every small societies are providing play ground in their project. It is a basic needs of any society member. So, i don;t think you have to worry about it.Hi Aniket,
Now-a-days, every small societies are providing play ground in their project. It is a basic needs of any society member. So, i don;t think you have to worry about it.
Q:
How is the locality of the project?
Q:
In order to stop this ill practice I have started this petition. Kindly sign this petition and make it a success.
https://www.change.org/p/hon-ble-chief-justice-of-india-stop-builders-from-selling-under-construction-still-to-start-construction-properties
My replies to this discussion
Yes, builders should allow to sell only ready-to-move properties. If other manufacturer are not allowed to unfinished products to use the why real estate companies are allowed to sell us properties, which are still under construction. If builders are allowed to sell only the finished products, they would not be able to cheat innocent buyers.Yes, builders should allow to sell only ready-to-move properties. If other manufacturer are not allowed to unfinished products to use the why real estate companies are allowed to sell us properties, which are still under construction. If builders are allowed to sell only the finished products, they would not be able to cheat innocent buyers.
Q:
Hi, Myself sandip gavade, i was booked flat in Padmavati life style, devad, panvel in 2014. They not started project till now. cc not aprooved this project. Please give me status of this project
My replies to this discussion
Hello Sir,
How can these banks such as HDFC, LIC HFL, Axis Bank, Indiabulls, Citibank and DHFL can approved the project for housing loan if all the required approvals are not in place? Can anybody give me the actual details of this project?Hello Sir,
How can these banks such as HDFC, LIC HFL, Axis Bank, Indiabulls, Citibank and DHFL can approved the project for housing loan if all the required approvals are not in place? Can anybody give me the actual details of this project?
Q:
i m planning to purchase a property at naigaon east in ornate galaxy, want to know how well naigaon its going to develop to according to that i can assume my profit margin for future
Q:
Hiranandani Fortune City is New Launch Project In Mumbai. Which is Offers 2/3 BHK Residential Apartments with Modern Amenities.
Visit : http://www.hiranandanifortunecitypanvel.in/
My replies to this discussion
Hiranandani Fortune City is a fully integrated and self contained township in Panvel by Hiranandani Builders. The residential towers within Hiranandani Fortune City, with 1/2/3BHK apartments and penthouses are designed to suit every lifestyle need. It offers 11 residential and s Newcastle and Edinburgh 2-commercial towers which are part of Hiranandani Business Park. It is a 588 acres township with over 1700 apartments sold and project is near to completion. Studio apartment-304 sq-ft (carpet area), 1BHK-431 sq-ft. (CA), 1.5 BHK-555 sq-ft.(CA), 2BHK-714-740 sq-ft (CA) and 3BHK-1584-1646 sq-ft. It's current price per square feet is Rs.6000 and the date of possession will be December-2019.Hiranandani Fortune City is a fully integrated and self contained township in Panvel by Hiranandani Builders. The residential towers within Hiranandani Fortune City, with 1/2/3BHK apartments and penthouses are designed to suit every lifestyle need. It offers 11 residential and s Newcastle and Edinburgh 2-commercial towers which are part of Hiranandani Business Park. It is a 588 acres township with over 1700 apartments sold and project is near to completion. Studio apartment-304 sq-ft (carpet area), 1BHK-431 sq-ft. (CA), 1.5 BHK-555 sq-ft.(CA), 2BHK-714-740 sq-ft (CA) and 3BHK-1584-1646 sq-ft. It's current price per square feet is Rs.6000 and the date of possession will be December-2019.
Vikas,
Apartment Resident
23rd May 2016
My replies to this discussion
Hi Vikas,
Check your agreement and brochure, what all amenities are mentioned on it. If amenities are not as per the agreement or brochure take legal action against the builders. Better, you take the advice of a legal expert on it. Thanks...Hi Vikas,
Check your agreement and brochure, what all amenities are mentioned on it. If amenities are not as per the agreement or brochure take legal action against the builders. Better, you take the advice of a legal expert on it. Thanks...
Q:
How is Ambernath now a days for residential investment ?and which is most prefer zone east or west?
My replies to this discussion
Hi Deepali,
Vadodara and Surat both cities are in Gujrat . And both cities has very good infrastructure ,light ,water ,road and safety . Surat is more organized and clean city than Vadodara. It is very live city. You can truly enjoyed life here .Lots of food junctions available all over city. Vadodara is also known as a retired peoples city. It is cool city no hodge-podge, very smoothly running city .Vadodara has very good hospitals and it is also known for medical tourism. Vadodara has more places to visit.Hi Deepali,
Vadodara and Surat both cities are in Gujrat . And both cities has very good infrastructure ,light ,water ,road and safety . Surat is more organized and clean city than Vadodara. It is very live city. You can truly enjoyed life here .Lots of food junctions available all over city. Vadodara is also known as a retired peoples city. It is cool city no hodge-podge, very smoothly running city .Vadodara has very good hospitals and it is also known for medical tourism. Vadodara has more places to visit.
Q:
Hi Friends,
Maximum resident has occupied the flats since last 3 yrs but builder has not given OC or Possession Letter. The builder says he has applied for OC but due to environment department there is delay.
What should be done in this case to protect flats by different owners. nor society is formed till because Registrar says they will not allow any society to be form which do not have OC
My replies to this discussion
Hi Amarjeet,
No Occupancy Certificate means that the building has not been given a "Pass Certificate" by the concerned authority. As such, it does not have all the necessary infrastructure or clearances that make the building inhabitable. You might heard the news of Campa Cola Society where no necessary clearance was taken by the builder and building was demolished. So, visit the developer as soon as possible and pressurize them for OC.Hi Amarjeet,
No Occupancy Certificate means that the building has not been given a "Pass Certificate" by the concerned authority. As such, it does not have all the necessary infrastructure or clearances that make the building inhabitable. You might heard the news of Campa Cola Society where no necessary clearance was taken by the builder and building was demolished. So, visit the developer as soon as possible and pressurize them for OC.
And i hope Amarjeet, you will take it seriously and ask for the Occupancy Certificate from your builder. Having an OC work for another important purpose. This is a mandatory document which needed if you are applying for a home loan, while buying either a new flat or a flat on resale.And i hope Amarjeet, you will take it seriously and ask for the Occupancy Certificate from your builder. Having an OC work for another important purpose. This is a mandatory document which needed if you are applying for a home loan, while buying either a new flat or a flat on resale.
Q:
I had bought a property in Navi Mumbai in 2014 and had then taken a loan from LICHFL because of which Cidco has issued a Mortgage NOC in the their name. Now i have switched the home loan from LIC to SBI and now SBI is asking Mortgage NOC from CIDCO in the name of SBI?
Is this required or is there a procedure in Cidco for such transfer.
My replies to this discussion
Yes, it is required document. Any property taken on Lease from the Corporation can be mortgaged for the purpose of obtaining assistance from an institution which is on the approved list of CIDCO. A No Objection Certificate is required to be obtained from the Corporation for this purpose. The concerned Asstt. Estate Officers are empowered to issue the NOC on recovery of dues of service charges /Water charges & other dues if any as on date of issue.Yes, it is required document. Any property taken on Lease from the Corporation can be mortgaged for the purpose of obtaining assistance from an institution which is on the approved list of CIDCO. A No Objection Certificate is required to be obtained from the Corporation for this purpose. The concerned Asstt. Estate Officers are empowered to issue the NOC on recovery of dues of service charges /Water charges & other dues if any as on date of issue.
Q:
Hi. i need details such as price and location of Lodha Codename Milestone.
My replies to this discussion
Hi Siddhartha,
In 2010, the Supreme Court had ruled that open or stilt car parking area cannot be sold or treated as flat or garage and sold to individual flat owners, but at the best be treated as common area. These spaces are part of the common areas in flat complexes and not saleable independently as a flat or along with a flat.Hi Siddhartha,
In 2010, the Supreme Court had ruled that open or stilt car parking area cannot be sold or treated as flat or garage and sold to individual flat owners, but at the best be treated as common area. These spaces are part of the common areas in flat complexes and not saleable independently as a flat or along with a flat.
Q:
I have bought a 2 BHK flat with a stilt car parking. Builder charged 2 lakh additional for stilt car parking which is included in the registered agreement cost. Car parking allotment with number mentioned in the agreement. Please advice if it's sufficient to claim ownership on this stilt car parking under the new rules and regulations for sale of car parking.
My replies to this discussion
In 2010, the Supreme Court had ruled that open or stilt car parking area cannot be sold or treated as flat or garage and sold to individual flat owners, but at the best be treated as common area. These spaces are part of the common areas in flat complexes and not saleable independently as a flat or along with a flat. If builder is further insisting for additional car parking charges then file suit in the consumer forum.In 2010, the Supreme Court had ruled that open or stilt car parking area cannot be sold or treated as flat or garage and sold to individual flat owners, but at the best be treated as common area. These spaces are part of the common areas in flat complexes and not saleable independently as a flat or along with a flat. If builder is further insisting for additional car parking charges then file suit in the consumer forum.
My replies to this discussion
Hi Suketa,,
I have heard that builder has got completion certificate for phase-1 (A to P tower ) and registry is started. Though possession for 2-3 towers in phase-I is not yet given.Hi Suketa,,
I have heard that builder has got completion certificate for phase-1 (A to P tower ) and registry is started. Though possession for 2-3 towers in phase-I is not yet given.
Q:
Kesar Exotica has still not received oc.Can we buy in this property?What are the risks involved?
My replies to this discussion
Hi Abdeali,
The law says one cannot legally move into a building unless the developer gets an occupancy certificate from the development authority. The corporation can ask apartment owners to leave such illegally occupied flats or impose heavy penalties. As you have seen the result of Campa Cola Societies in Mumbai.Hi Abdeali,
The law says one cannot legally move into a building unless the developer gets an occupancy certificate from the development authority. The corporation can ask apartment owners to leave such illegally occupied flats or impose heavy penalties. As you have seen the result of Campa Cola Societies in Mumbai.
My replies to this discussion
Hi Dinesh,
Did you send builder a mail regarding your flat cancellation and for refund of amount which you have paid? If yes, and builder is not taking any immediate action then file a case in consumer court as well as in your local police station against the builder.Hi Dinesh,
Did you send builder a mail regarding your flat cancellation and for refund of amount which you have paid? If yes, and builder is not taking any immediate action then file a case in consumer court as well as in your local police station against the builder.
Q:
What are the BHK configuration available in it and it's price all including?
My replies to this discussion
@Manisbapu...
They are quoting 1.5 BHK (Garden Facing) 503 sq-ft.(Carpet Area) Rs.75.92L, 1.5 bhk (Non Garden Facing) 503 sq-ft. (Carpet Area) Rs.71.94L, 2BHK-R, 687 sq-ft. (carpet Area) Rs.1.01 Cr., 2 BHK - S, 764 (Carpet Area) Rs. 1.11 Cr., 3 BHK - R, 872 (Carpet Area), Rs.1.24 Cr and 3 BHK - S, 986 (Carpet Area),
Rs.1.45 Cr.
And as per the developer, booking amount will be 10% of the flat cost. The price mentioned above is all including.@Manisbapu...
They are quoting 1.5 BHK (Garden Facing) 503 sq-ft.(Carpet Area) Rs.75.92L, 1.5 bhk (Non Garden Facing) 503 sq-ft. (Carpet Area) Rs.71.94L, 2BHK-R, 687 sq-ft. (carpet Area) Rs.1.01 Cr., 2 BHK - S, 764 (Carpet Area) Rs. 1.11 Cr., 3 BHK - R, 872 (Carpet Area), Rs.1.24 Cr and 3 BHK - S, 986 (Carpet Area),
Rs.1.45 Cr.
And as per the developer, booking amount will be 10% of the flat cost. The price mentioned above is all including.
Q:
Royal Palms make sure that all their properties have efficient management systems and aren’t harmful to the environment. This is what makes them one of the best and also makes their residential options one of the best.
My replies to this discussion
Hi folks!!
I read in a newspaper that the state govt. is considering a private plot of land owned by Royal Palms in Goregaon East for the car depot of the Colaba-Bandra-SEEPZ Metro 3? Is it true?Hi folks!!
I read in a newspaper that the state govt. is considering a private plot of land owned by Royal Palms in Goregaon East for the car depot of the Colaba-Bandra-SEEPZ Metro 3? Is it true?
Q:
Lodha Walkeshwar Situated South Mumbai is superior project in respect to well-designed modern class amenities. This place is renowned for its historical view in Mumbai. This real estate project contains ground plus many of floors with 2 BHK, 2.5 BHK and 3 BHK flats.
To know more information visit us : http://www.lodhawalkeshwarsouthmumbai.newprojectlaunch.in/
My replies to this discussion
Hi Afsar,
When is the project "Lodha Walkeshwar" is going to launch? Do you have any information of flat sizes and its price? Kindly share with me. I am looking for a 2BHK flat in Walkeshwar, Mumbai.Hi Afsar,
When is the project "Lodha Walkeshwar" is going to launch? Do you have any information of flat sizes and its price? Kindly share with me. I am looking for a 2BHK flat in Walkeshwar, Mumbai.
Q:
can i invest in oyster living foresta mira road kashigaon they saying only 1 flat is left..1BHK..and there is no work on site..they say work will start after 2month..plz help as soon as possible
Q:
Is there anyone who has booked their flat in Lalani Grandeur, Goregaon East? I need some information of this project.
My replies to this discussion
Hi,
Lalani Grandeur is a ready-to-move project by Lalani Builders and Developers located at Goregaon East, Mumbai. It is offering 2 and 3BHK residential flat with total 105 units in a G+23 storeys apartment. Flat sizes are available from 606-651 sq-ft.in 2BHK and 932 sq-ft. in 3BHK. It's current asking price is Rs.13000/sq-ft. Still few flats are available from builder as well as in resale option.Hi,
Lalani Grandeur is a ready-to-move project by Lalani Builders and Developers located at Goregaon East, Mumbai. It is offering 2 and 3BHK residential flat with total 105 units in a G+23 storeys apartment. Flat sizes are available from 606-651 sq-ft.in 2BHK and 932 sq-ft. in 3BHK. It's current asking price is Rs.13000/sq-ft. Still few flats are available from builder as well as in resale option.
Q:
Hi,
I have seen in their site that booking amount will be Rs.5555 only? Is it true? Can i get some useful information on it?
Q:
The Best Thing about Lodha Palava City
Palava Upcomming project area 4000 acres “Lodha Palava City”
Lodha it is sister city of Mumbai
Its brad Ambassador Mr. Amitabh Bachchan, the first citizen of Palava,
Shopping Mall if comes Phoenix Shopping Mall
Palava is located the heart of Mumbai
Thane and Kalyan, 20 minutes distance from Navi Mumbai International Airport
Amenities
Basket Ball Court, Club House, Gymnasium, Modular kitchen, toilets, , lobby, Drawing room, balcony, terrace, Car Garage, Servant room with Baths. Good location. Close to Schools, Hospitals, Super Market, Metro Station
To know more information visit us: http://www.lodhapalavacityexotica.in/
My replies to this discussion
Hi Folks,
As per the survey, it is found that Real Estate prices in Palava have increased threefold since 2009, making it one of the most profitable investment in the MMR region. Not only this, but also Palava's resident can walk to work, cutting their commute time by an hour. Homeowners can expect to save on a range of expenses by living in Palava. Here, one can get Schools and University at affordable costs. Lower maintenance bills due to sustainable infrastructure. Lower healthcare costs due to a better lifestyle and high quality but affordable health facilities. Access to world class sports and arts and culture facilities. Lowe transportation costs.Hi Folks,
As per the survey, it is found that Real Estate prices in Palava have increased threefold since 2009, making it one of the most profitable investment in the MMR region. Not only this, but also Palava's resident can walk to work, cutting their commute time by an hour. Homeowners can expect to save on a range of expenses by living in Palava. Here, one can get Schools and University at affordable costs. Lower maintenance bills due to sustainable infrastructure. Lower healthcare costs due to a better lifestyle and high quality but affordable health facilities. Access to world class sports and arts and culture facilities. Lowe transportation costs.
Q:
Can somebody provide me the details of this project including its current price and possession date?
My replies to this discussion
Hi,
I am looking for 3BHK flats in Runwal Bliss? What are the sizes available in 3BHK and it's current price? When is the date of possession?Hi,
I am looking for 3BHK flats in Runwal Bliss? What are the sizes available in 3BHK and it's current price? When is the date of possession?
Thanks for the information Dev...
How is the locality of Kanjurmarg and its connectivity to the other parts of the city like Thane and Jalna? Which is the nearby railway station to this locality? How is the social and physical development in the locality?Thanks for the information Dev...
How is the locality of Kanjurmarg and its connectivity to the other parts of the city like Thane and Jalna? Which is the nearby railway station to this locality? How is the social and physical development in the locality?
Q:
we went to visit prathana builders at andheri but were welcomed with a gush of stinking lavatory smell, poor slum areas and ghastly surroundings, We have visited prathana in dadar and other projects and this is by far the worst, they should do something about it atleast remove the lavatory and have a decent entry!!
Q:
Hi, I want to know the exact project location of Rai's Heritage. Some property portals have mentioned Vitthalwadi East whereas some Ulhasnagr, Thane.
My replies to this discussion
Hi Mansoor,
Rai Heritage by Rai Residency Pvt Ltd is strategically located at Ulhasnagar, near Kamala Devi College, Mumbai Beyond Thane. Both the address are correct as it i located in between. And just few kilometers from Vitthalwadi.Hi Mansoor,
Rai Heritage by Rai Residency Pvt Ltd is strategically located at Ulhasnagar, near Kamala Devi College, Mumbai Beyond Thane. Both the address are correct as it i located in between. And just few kilometers from Vitthalwadi.
Q:
Dosti Desire provides modern Class amenities in Brahmand Thane; with Luxurious Apartment in thane with all high Class amenities these project has enough Spacious to give you enough amenities space and Comfortable.
Project: - Dosti Desire
Builder:-Dosti reality
Type: - 2BHK 3 BHK
Location: - Brahmand Thane
My replies to this discussion
Hi Pankaj,
Navi Mumbai emerged as a popular destination amongst end-users. The region boost a rise in property registrations between April-October 2016. Registrations, however, dipped by a whopping 45%, immediately after demonetisation. So, this is the right time to buy or invest in property in Navi Mumbai.Hi Pankaj,
Navi Mumbai emerged as a popular destination amongst end-users. The region boost a rise in property registrations between April-October 2016. Registrations, however, dipped by a whopping 45%, immediately after demonetisation. So, this is the right time to buy or invest in property in Navi Mumbai.
Q:
Plz share your thoughts regarding to residential projects around Kandivali in Mumbai.
My replies to this discussion
Hi Sunil,
The Real Estate Sector which was hit by Modi’s demonetization drive, has got the much needed boost in Union budget 2017-18 . Here are some of the key highlights pertaining to the real estate sector and their impact: 1) The affordable housing sector has been granted the infrastructure status which has been a long time demand from the industry.
2) National Housing Bank (NHB) will refinance individual loans worth Rs.20000 Cr. in 2017-18. This will give push to affordable housing companies.
3) One year tax exemption from national rental income from unsold inventory. This will especially help those holding huge inventory pileup.
4) Capital Gains is to be taxed only when the project is completed. This would definitely provide a great boost to unlocking land for development and buyers will get their flat possession on time and will reduce litigation matters.Hi Sunil,
The Real Estate Sector which was hit by Modi’s demonetization drive, has got the much needed boost in Union budget 2017-18 . Here are some of the key highlights pertaining to the real estate sector and their impact: 1) The affordable housing sector has been granted the infrastructure status which has been a long time demand from the industry.
2) National Housing Bank (NHB) will refinance individual loans worth Rs.20000 Cr. in 2017-18. This will give push to affordable housing companies.
3) One year tax exemption from national rental income from unsold inventory. This will especially help those holding huge inventory pileup.
4) Capital Gains is to be taxed only when the project is completed. This would definitely provide a great boost to unlocking land for development and buyers will get their flat possession on time and will reduce litigation matters.
My replies to this discussion
Hi Kirti,
Ozone Bandra Specification :-
Super structure:- earthquake resistant R.C.C Structure designed by highly experienced structural engineers and beautifully constructed walls.
Powder coated aluminium section windows with good quality float glass.
Kitchen-Granite counter with stainless steel sink with provision for hot and cold water suppliers.Hi Kirti,
Ozone Bandra Specification :-
Super structure:- earthquake resistant R.C.C Structure designed by highly experienced structural engineers and beautifully constructed walls.
Powder coated aluminium section windows with good quality float glass.
Kitchen-Granite counter with stainless steel sink with provision for hot and cold water suppliers.
My replies to this discussion
As far as locality is concerned, Andheri East is a western suburb which is an important part of Mumbai. strategically located off the western Express Highway which extends from Bandra to Dahisar. Jogeshwari-Vikhroli Link Road (JVLR) and the Andheri -Kurla Link Road provide good connectivity to the residents enabling travel to other neighbouring cities and towns. Andheri Railway Station on the Western Line of Mumbai Suburban Railway that is in close proximity to this region. The Chhatrapati Shivaji International Airport is only a short drive away from here facilitating travel to far off destinations.As far as locality is concerned, Andheri East is a western suburb which is an important part of Mumbai. strategically located off the western Express Highway which extends from Bandra to Dahisar. Jogeshwari-Vikhroli Link Road (JVLR) and the Andheri -Kurla Link Road provide good connectivity to the residents enabling travel to other neighbouring cities and towns. Andheri Railway Station on the Western Line of Mumbai Suburban Railway that is in close proximity to this region. The Chhatrapati Shivaji International Airport is only a short drive away from here facilitating travel to far off destinations.
Q:
For past 3 weeks or more i am following up with Mr.Amit.Parmar , Sneha Pabale, Jyoti Singh. have send multiple reminders ,asking for date of possession of our flats , non of the above has reverted.
we are having a very very difficult time deal with Xrbia staff , from the time we have purchased the houses in May 2016.
our email communication in this regs runs into 100s of pages . can you pls advice how do we escalate our grievances to Xrbia management.
pls help us .. sorry for having invested in Xrbia.
Clifford NAZARETH - Dubai
Q:
Godrej Emerald Vista Coming project in Thane West Mumbai. Godrej Emerald Vista having 2 and 3BHK flats with starting price range Rs 76 Lac at Mumbai. Godrej Emerald Vista has an incredible view that accompanies a universal arrangement and prevalent imagination for an appealing lodging. To get more detail Visit godrejemeraldvista.upcomingestate.com
My replies to this discussion
Hello Rahul,
The builder is quoting 1.5 BHK (Garden Facing) 503 sq-ft.(Carpet Area) Rs.75.92L, 1.5 bhk (Non Garden Facing) 503 sq-ft. (Carpet Area) Rs.71.94L, 2BHK-R, 687 sq-ft. (carpet Area) Rs.1.01 Cr., 2 BHK - S, 764 (Carpet Area) Rs. 1.11 Cr., 3 BHK - R, 872 (Carpet Area), Rs.1.24 Cr and 3 BHK - S, 986 (Carpet Area),
Rs.1.45 Cr.
And as per the developer, booking amount will be 10% of the flat cost. The price mentioned above is all including.Hello Rahul,
The builder is quoting 1.5 BHK (Garden Facing) 503 sq-ft.(Carpet Area) Rs.75.92L, 1.5 bhk (Non Garden Facing) 503 sq-ft. (Carpet Area) Rs.71.94L, 2BHK-R, 687 sq-ft. (carpet Area) Rs.1.01 Cr., 2 BHK - S, 764 (Carpet Area) Rs. 1.11 Cr., 3 BHK - R, 872 (Carpet Area), Rs.1.24 Cr and 3 BHK - S, 986 (Carpet Area),
Rs.1.45 Cr.
And as per the developer, booking amount will be 10% of the flat cost. The price mentioned above is all including.
Q:
Shapoorji Pallonji Properties presents a new luxurious residential project with the name of Muland Mumbai which offers brilliantly crafted apartments in the affordable price range. This is a stunning residential development which included top-class features and modern facilities that enhance your living style.
For more info -http://www.shapoorjipallonjimulund.in/
My replies to this discussion
Yes, If you are searching for your dream home at that place where you will find all the residential facilities, social amenities, & transportation facilities near to the residence, then Mulund project by Shapoorji Pallonji is coming up with the great news for you. This group is going to launch a new stunning residential project in the superb region of Borivali in Mumbai. Muland is the most preferred and safest residential region which has superb connectivity to other significant regions through highways and expressways.Yes, If you are searching for your dream home at that place where you will find all the residential facilities, social amenities, & transportation facilities near to the residence, then Mulund project by Shapoorji Pallonji is coming up with the great news for you. This group is going to launch a new stunning residential project in the superb region of Borivali in Mumbai. Muland is the most preferred and safest residential region which has superb connectivity to other significant regions through highways and expressways.
Q:
Mahindra Roots is a new launch residential property which is located in Kandivali East Mumbai.which offering 1 and 2 BHK apartments for the residents.For More Information.Visit Here:- mahindraroots.upcomingestate.com
Q:
Is GST applicable on property after I get Occupancy Certificate from the builder?
My replies to this discussion
I agreed with the Padma. Ready to move in an apartment are exempt from GST. GST is only applicable on under construction House but the owner will get the Input credit only on the construction part.
But since developer have to pay GST on the whole project and he or she will get credit only on construction cost consequently the rates for whether under construction or ready to use house cost will hike on the proportionate basis, in order to link the gap.I agreed with the Padma. Ready to move in an apartment are exempt from GST. GST is only applicable on under construction House but the owner will get the Input credit only on the construction part.
But since developer have to pay GST on the whole project and he or she will get credit only on construction cost consequently the rates for whether under construction or ready to use house cost will hike on the proportionate basis, in order to link the gap.
