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Old 15-03-08   #11
ravishankarnagarajan is offline ravishankarnagarajan
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Quote:
Originally Posted by hiteshshah777 View Post
Dear friends ,

I have heard that all the projects in kharghar are leasehold and not freehold. Is this info right?

It is right than is it advisable to invest in leasehold?

Pls also let me know the prevailing rates in kharghar and what are good locations?

what kind of appreciation can be expected in kharghar in next 5 years
Hi Hitesh,

Many projects are freehold. In fact I do not know any project which is a lease hold. Can you name some for my information.

The following are good locations for you to invest and the current prevailing rates per sq.ft

1. Vashi - 4500 to 7000
2. Palm beach rd (Sanpada) - 6000 to 9000
3. Nerul - 3500 to 5000
4. Koparkhairane and Ghansoli - 3500 to 4500
5. Airoli - 3500 to 4500
6. Belapur - 3500 to 5000
7. Khargar - 3500 to 5000
8. Kamothe - 2500 to 3500

Ofcourse the numbering is not on priority.

Nobody can exactly predict the future. But one thing is for sure. Navi Mumbai is going to develop a lot becuase of its proximity to Mumbai, better infrastructure, influx of money from Industries who are setting their bases here.
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