Originally Posted by sreekys

I think its time to objectively look at these locations and evaluate them assuming that the airport may not come there. Am saying this to highlight one fact and that is distance. Distance from the mainland city...Yes of course these locations are far and thats precisely the reason why they shd not be priced do high. I mean just thinking of it today in the papers I read that the rates in 2005 for PLanet Godrej near Byculla station was just 4.5 to 5K psf and today that is ten times the rate. Now they are charging the same or more rate for far flung locations all within a span of 5 years! The Navi Mumbai location is FAR and so are locations like Kalyan and Dombivili. These are the only options that the common man in the city can look at. In the midst of this the politicians have bought huge tracts of land and hence are also protecting their interests to make sure the airport comes up there. But the question to ask is what if the airport does not come up there indeed (Refer todays DNA Navi Mumbai airport not a good idea) then what? As long as buyers think of that and are ready to go for the gamble it may be worth the chance.