Dear All
Lot of people on this forum will find it hard to believe that it is almost unlikely that this airport project will come at Panvel. This is the FACT shared by all at the Ministry and high-level CIDCO officers.
This is one of the rarest project in the whole WORLD where one new airport location is declared before doing any ground work or what we call a feasibility study.
There are two-three govt lobbies who are trying to get this project through SOMEHOW... But since things are delayed to such an extent that they have all lost interest in this project (they've already milked their share of luck or fortunes...).
They will definitely go for some other site in next 5-10 years to make their hay while sun still shines.
With all the RE rates going North after a dull period, it is a sign of 1995 crash of the real estate.
Buyers, please watch your buys. Only buy at right price which you can afford. Avoid Middleman or Agents who are threatening you everyday that prices will increase by 10% next week or so.
Best of luck