Kharghar properties - Page 2 - Indian Real Estate Forum

ravishankarnagarajan · 15-03-08

Quote:

Originally Posted by hiteshshah777

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.

anishudyawar · 15-04-08

dear friends,

i have been looking to buy a home either at the ARIHANT - SHARAN OR AVISHKAR,

wanted to knoe the reputation of the builder and his ontime delivery performance vis-a-vis his promises.

also his quality of materials and features he uses etc.

could some one please guide me on this, are there are any better oppurtunities or projects in the area, how is the growht potential there, and is sector 20 (sharan) to far from the current infrastructure.

sanjaynerkar · 06-06-08

I did purchase at Arihant aradhana and Sharan. So far so good.

sanjaynerkar · 06-06-08

Thank tou very much for your input. I have already purchased these flats in Kharghar now. I hope its value will go up in 1-2 years.

Sanjay

dot_net · 15-06-08

As per article in Time of India, propoerty rates in Mumbai and other areas are going for a major correction ..

HOLD off your purchases now... wait till Diwali, if you can.

califdude · 06-07-08

Dot Net: Could you send the link regarding the property correction?

I would agree that the correction is about due across all of India. Does any one know what is the current market rate in Kharghar?

abhay · 05-08-08

What is the advice for Kesar Harmony Kharghar? what are the prevailing rates for there and % of black if any they ask??

aved2505 · 05-08-08

hi sanjay,

can u tell me what rate u bought property in Aradhana and Sharan?
i am also planning to invest in kharghar.

dk_real · 27-06-09

Quote:

Originally Posted by ravishankarnagarajan

Hi Sanjay,

Currently I reside in Navi Mumbai and I am presently witnessing the developments which are going around this place. So I thought it would be better to answer your question.

I think you might have searched fully all the details abt this place. There are quite a few good builders in this city. To name a few....

1. Bhoomi (Gajra group)
2. Sai Builders
3. Shah builders
4. Arihant builders
5. Haware builders
6. Neel siddhi
7. Shri Sawan builders
8. Progressive group

I can expand the list as there quite a few more who are good. Regarding your query, Arihant is a reliable builder and has made a good reputation for building good buildings. These guys have a good number of projects and the details are available over their company website.

And Khargar is really a nice node with lots of greenery and landscapes around. It has immense potential to grow fully. Though it may look like the airport development is blocked for now, it may take off after some more time. It has all the basic facilities like schools, colleges, markets, shops, hospitals etc. You need not worry abt your investment. There are quite a few problems with Khargar like increasing number of thefts and robberies, no organized transport mode intranodally etc. But these problems will be sorted out in the future. Just a word of advice. Wherever you are investing invest in a building which is closer to the railway station as this mode of transport is the backbone of Mumbai.

And if you have not finalized anything as of yet, think abt Ghansoli too. There are quite a few projects in this node from Bhoomi group, Patel builders and from Arihant themselves. Among all of them Arihant is the least expensive and good too. FYI, I too am planning to purchase a flat in Ghansoli. Reliance Industries is shifting its Corporate Office and all activities to Ghansoli. So there would be an influx of around 4000 - 5000 people within a short span of time. And there is a concrete plan of connecting Ghansoli with Vikhroli. And CIDCO has lots of land still here in this node. With all these advantages this also would be a good investment.

Hi Ravi,
Thanks for the information that you have shared.
Can you focus on rates offered by these builders?
i am interested to buy 2BHK flat with carpet area nearly 800-900 sq ft.

vijayc · 11-07-09

I have been searching for a house - at the so called reduced rates. However, I find that the builders have only reduced the basic rate giving an illusion of cheap properties. However, all builders now have extras - development charges, preferred location charges, floor rise charges, 32 % loading and if that wasn't enough, there are full charges to pay (even after 32% laoding) for the flowere beds, lift area, common lobby, etc. Effectively, the ratio between charged area and carpet area ranges between 50% and 54%. So much wool over the government's eyes.

15-04-08	#12
anishudyawar New Member Join Date: Apr 2008 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	arihant - sharan / avishkar- kharghar dear friends, i have been looking to buy a home either at the ARIHANT - SHARAN OR AVISHKAR, wanted to knoe the reputation of the builder and his ontime delivery performance vis-a-vis his promises. also his quality of materials and features he uses etc. could some one please guide me on this, are there are any better oppurtunities or projects in the area, how is the growht potential there, and is sector 20 (sharan) to far from the current infrastructure.

05-08-08	#17
abhay New Member Join Date: Aug 2008 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	What is the advice for Kesar Harmony Kharghar? What is the advice for Kesar Harmony Kharghar? what are the prevailing rates for there and % of black if any they ask??

11-07-09	#20
vijayc New Member Join Date: Jul 2009 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Have real estate prices really dropped ? I have been searching for a house - at the so called reduced rates. However, I find that the builders have only reduced the basic rate giving an illusion of cheap properties. However, all builders now have extras - development charges, preferred location charges, floor rise charges, 32 % loading and if that wasn't enough, there are full charges to pay (even after 32% laoding) for the flowere beds, lift area, common lobby, etc. Effectively, the ratio between charged area and carpet area ranges between 50% and 54%. So much wool over the government's eyes.

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06-06-08	#13
sanjaynerkar New Member Join Date: Jul 2007 Posts: 9 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	I did purchase at Arihant aradhana and Sharan. So far so good.

15-06-08	#15
dot_net New Member Join Date: May 2008 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	As per article in Time of India, propoerty rates in Mumbai and other areas are going for a major correction .. HOLD off your purchases now... wait till Diwali, if you can.

06-07-08	#16
califdude New Member Join Date: Jul 2008 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Dot Net: Could you send the link regarding the property correction? I would agree that the correction is about due across all of India. Does any one know what is the current market rate in Kharghar?

05-08-08	#18
aved2505 New Member Join Date: Aug 2008 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	hi sanjay, can u tell me what rate u bought property in Aradhana and Sharan? i am also planning to invest in kharghar.