Looking for 2BHK Flat in Kamothe - Indian Real Estate Forum

vasu_m · 24-07-09

Dear All,

I'm looking for a 2 BHK flat in Kamothe (Navi Mumbai). will you please guide me is it right time to buy and how to check or where to see the current rate? Also please tell me about good projects in this place if anyone is aware of.
Thanx
vasu

nlnsharma · 14-08-09

Hi Vasu. M, buying property in kamothe is convenient for you to get connected with mumbai. But be very careful with the developers there. They are very few decent builders, I mean to say by attitude, compared to any other places of navimumbai. They are so crucked that, you need not get any due respect for the money that you are paying. Particularly at current situation where the property has faced lot of losses and market recession, the builders are mad to cheat you. They just avoid answering you as if they are something great and we are fools. They just illtreat you, making you feel that, you should pay the amount that they say with out asking any question to them. Because of this builder's mean attitude, desparate poor buyers, just take things as granted and blindly pay money to them. Then they realize that they have done blundor, when they see that the progress is very slow and they also have to pay huge useless EMI's without shifting their home (that too now a days there is no big IT advantage in paying EMI's) and also paying a huge amount of unneccessary BLACK (they say CASH) money. Only at this stage the true attitude of the builders is expressed in full fledge fasion. He just illtreats you with the boldness that atleast 5 out of 30 lakhs( which is very huge) of your money is already in his hand. Now you neigher can withdraw from your commitment nor ignore that hard earned money.
The location of kamothe is surely good, but take care you end up with respectable builder. But dont worry, the number of construction in kamothe is so high that, it can withstand for another 10 years like this. Don't be desparate in purchasing. See the builders attitude, your convenience, and take your own time. Don't worry about the raise in property rates, they are highly artificial. The builders bussiness are surely going to sink if it goes like this. No one can exactly guess the property market, but to my view, the market will stand still or raise insignificantly atleast for next two years. Till then don't sleep in home, but rather roam arround to find your best destination, with full confident and patience. If you have more money, then just take care of best builders and buy immediately or withing next six years. Particularly in Kamothe, the plots in which developers make are Gaothan Plots, so problems are more possible, because the plot owners can put case on the builder at anytime during the process, because of with the development will be in a stay order for years together. But the builder will be going on constructing, without any papers moving in CIDCO office, which he will not say you, and you also will not come to know, because, it is not so open to public. You have to spend significantly to know the details. The builder also has to pay 12.5% extra to Transfer the Gaothan plot to his own name. This money he will be collected from the buyer in name of BLACK money. Don't also be a pure inverstor for any flats, where no papers will be in your name, but there will be an aggreement betweeen you and builder regarding the deal. Why I am saying is there are so things money minded people get attracted. I know several persons crores of money are just stuck with builder in the name of invester. He will neither sell the flat for you, or allow you to sell the flat in justified rate. He will put all sorts of nonsense rules, with with your money just get stagent with him, but no one buys from you.

So be very careful, be very happy at present with your money being safe with you. Surely good time is not to long. wait for atleast 2 years to take any finel decision of buying, but continuously enjoy getting details of construction going around the areas you are interested and observe keenly the current progress rate of the construction. You will understand lots of technique about the progress, mentality of the builders and how to evaluate a goodness of a builder (which involves lots of factors with I cannot also say completely, because I too is learning now). I think, I have given a big essay as a reply.
Take care my brother,
nlnsharma

boldm28 · 21-08-09

100% accurate assement

anup_p171283 · 14-01-10

I am with you ... Too good keep it up... builders are really mean...Friends be careful...

compuwalah · 14-01-10

Vasu buddy. There is word calls Thanks in the dictionary and that is very appropriate if someone has taken off so much his time to post such information. That as well encourages other members to share such info.

nlnsharma !! Thanks for the info. Surely useful. What are the average rates in Kamothe and any reputed builder projects ?

unni1 · 14-01-10

nlnsharma - WOW. thanks for explaining so clearly the actual situation there. its really helpful.

sguin · 14-01-10

Quote:

Originally Posted by unni1

nlnsharma - WOW. thanks for explaining so clearly the actual situation there. its really helpful.

Thanks nlnsharma. It is very infromative

keshiba · 22-02-10

Quote:

Originally Posted by compuwalah

Vasu buddy. There is word calls Thanks in the dictionary and that is very appropriate if someone has taken off so much his time to post such information. That as well encourages other members to share such info.

nlnsharma !! Thanks for the info. Surely useful. What are the average rates in Kamothe and any reputed builder projects ?

avg rates are 2500-3300

chikkoo · 29-06-10

Quote:

Originally Posted by arjunsetty

hey guys i saw a property nr station - the stop before Panvel - i don't remember if it was Manasorvar or Khandeswar
nice building 1B with only 33% loading and around 3500 psf - it overlooked an nala (fresh rain water was running), then vacant land and then could see the station (looked like a green house structure to me)- does that nala smell - the water looked fresh n pleasant and there was no smell but just wann b sure

regards

If it is a stop before Panvel means it must be definitely Khandeshwar.

Have you noticed any builder name or building name?

savvy_v · 17-02-11

Quote:

Originally Posted by nlnsharma

Hi Vasu. M, buying property in kamothe is convenient for you to get connected with mumbai. But be very careful with the developers there. They are very few decent builders, I mean to say by attitude, compared to any other places of navimumbai. They are so crucked that, you need not get any due respect for the money that you are paying. Particularly at current situation where the property has faced lot of losses and market recession, the builders are mad to cheat you. They just avoid answering you as if they are something great and we are fools. They just illtreat you, making you feel that, you should pay the amount that they say with out asking any question to them. Because of this builder's mean attitude, desparate poor buyers, just take things as granted and blindly pay money to them. Then they realize that they have done blundor, when they see that the progress is very slow and they also have to pay huge useless EMI's without shifting their home (that too now a days there is no big IT advantage in paying EMI's) and also paying a huge amount of unneccessary BLACK (they say CASH) money. Only at this stage the true attitude of the builders is expressed in full fledge fasion. He just illtreats you with the boldness that atleast 5 out of 30 lakhs( which is very huge) of your money is already in his hand. Now you neigher can withdraw from your commitment nor ignore that hard earned money.
The location of kamothe is surely good, but take care you end up with respectable builder. But dont worry, the number of construction in kamothe is so high that, it can withstand for another 10 years like this. Don't be desparate in purchasing. See the builders attitude, your convenience, and take your own time. Don't worry about the raise in property rates, they are highly artificial. The builders bussiness are surely going to sink if it goes like this. No one can exactly guess the property market, but to my view, the market will stand still or raise insignificantly atleast for next two years. Till then don't sleep in home, but rather roam arround to find your best destination, with full confident and patience. If you have more money, then just take care of best builders and buy immediately or withing next six years. Particularly in Kamothe, the plots in which developers make are Gaothan Plots, so problems are more possible, because the plot owners can put case on the builder at anytime during the process, because of with the development will be in a stay order for years together. But the builder will be going on constructing, without any papers moving in CIDCO office, which he will not say you, and you also will not come to know, because, it is not so open to public. You have to spend significantly to know the details. The builder also has to pay 12.5% extra to Transfer the Gaothan plot to his own name. This money he will be collected from the buyer in name of BLACK money. Don't also be a pure inverstor for any flats, where no papers will be in your name, but there will be an aggreement betweeen you and builder regarding the deal. Why I am saying is there are so things money minded people get attracted. I know several persons crores of money are just stuck with builder in the name of invester. He will neither sell the flat for you, or allow you to sell the flat in justified rate. He will put all sorts of nonsense rules, with with your money just get stagent with him, but no one buys from you.

So be very careful, be very happy at present with your money being safe with you. Surely good time is not to long. wait for atleast 2 years to take any finel decision of buying, but continuously enjoy getting details of construction going around the areas you are interested and observe keenly the current progress rate of the construction. You will understand lots of technique about the progress, mentality of the builders and how to evaluate a goodness of a builder (which involves lots of factors with I cannot also say completely, because I too is learning now). I think, I have given a big essay as a reply.
Take care my brother,
nlnsharma

Dear NIN
appreciate ur quote/detailed post.
Whats the current rate in KAMOTHE?
any new upcoming there?

savvy_v

24-07-09	#1
vasu_m New Member Join Date: Jul 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Looking for 2BHK Flat in Kamothe Dear All, I'm looking for a 2 BHK flat in Kamothe (Navi Mumbai). will you please guide me is it right time to buy and how to check or where to see the current rate? Also please tell me about good projects in this place if anyone is aware of. Thanx vasu

21-08-09	#3
boldm28 Member Join Date: Aug 2009 Posts: 231 Thanks: 0 Thanked 0 Times in 0 Posts	100% accurate assement 100% accurate assement

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Kamothe and Panvel Price	jamul_2002	Mumbai	7	5 Days Ago 02:34 PM
Need 2BHK at Kothrud	pal_143	Pune	5	02-01-10 01:22 PM
Want a 2bhk	ashishporwal86	Pune	6	24-07-09 11:43 AM
Finding 2BHK Flat	krunaldesai	Pune	0	21-07-09 03:18 PM

14-08-09	#2
nlnsharma New Member Join Date: Apr 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Hi Vasu. M, buying property in kamothe is convenient for you to get connected with mumbai. But be very careful with the developers there. They are very few decent builders, I mean to say by attitude, compared to any other places of navimumbai. They are so crucked that, you need not get any due respect for the money that you are paying. Particularly at current situation where the property has faced lot of losses and market recession, the builders are mad to cheat you. They just avoid answering you as if they are something great and we are fools. They just illtreat you, making you feel that, you should pay the amount that they say with out asking any question to them. Because of this builder's mean attitude, desparate poor buyers, just take things as granted and blindly pay money to them. Then they realize that they have done blundor, when they see that the progress is very slow and they also have to pay huge useless EMI's without shifting their home (that too now a days there is no big IT advantage in paying EMI's) and also paying a huge amount of unneccessary BLACK (they say CASH) money. Only at this stage the true attitude of the builders is expressed in full fledge fasion. He just illtreats you with the boldness that atleast 5 out of 30 lakhs( which is very huge) of your money is already in his hand. Now you neigher can withdraw from your commitment nor ignore that hard earned money. The location of kamothe is surely good, but take care you end up with respectable builder. But dont worry, the number of construction in kamothe is so high that, it can withstand for another 10 years like this. Don't be desparate in purchasing. See the builders attitude, your convenience, and take your own time. Don't worry about the raise in property rates, they are highly artificial. The builders bussiness are surely going to sink if it goes like this. No one can exactly guess the property market, but to my view, the market will stand still or raise insignificantly atleast for next two years. Till then don't sleep in home, but rather roam arround to find your best destination, with full confident and patience. If you have more money, then just take care of best builders and buy immediately or withing next six years. Particularly in Kamothe, the plots in which developers make are Gaothan Plots, so problems are more possible, because the plot owners can put case on the builder at anytime during the process, because of with the development will be in a stay order for years together. But the builder will be going on constructing, without any papers moving in CIDCO office, which he will not say you, and you also will not come to know, because, it is not so open to public. You have to spend significantly to know the details. The builder also has to pay 12.5% extra to Transfer the Gaothan plot to his own name. This money he will be collected from the buyer in name of BLACK money. Don't also be a pure inverstor for any flats, where no papers will be in your name, but there will be an aggreement betweeen you and builder regarding the deal. Why I am saying is there are so things money minded people get attracted. I know several persons crores of money are just stuck with builder in the name of invester. He will neither sell the flat for you, or allow you to sell the flat in justified rate. He will put all sorts of nonsense rules, with with your money just get stagent with him, but no one buys from you. So be very careful, be very happy at present with your money being safe with you. Surely good time is not to long. wait for atleast 2 years to take any finel decision of buying, but continuously enjoy getting details of construction going around the areas you are interested and observe keenly the current progress rate of the construction. You will understand lots of technique about the progress, mentality of the builders and how to evaluate a goodness of a builder (which involves lots of factors with I cannot also say completely, because I too is learning now). I think, I have given a big essay as a reply. Take care my brother, nlnsharma

14-01-10	#4
anup_p171283 New Member Join Date: Jan 2010 Posts: 6 Thanks: 0 Thanked 0 Times in 0 Posts	I am with you ... Too good keep it up... builders are really mean...Friends be careful...

14-01-10	#5
compuwalah Senior Member Join Date: Dec 2009 Posts: 912 My Mood: Thanks: 2 Thanked 23 Times in 18 Posts	Vasu buddy. There is word calls Thanks in the dictionary and that is very appropriate if someone has taken off so much his time to post such information. That as well encourages other members to share such info. nlnsharma !! Thanks for the info. Surely useful. What are the average rates in Kamothe and any reputed builder projects ?

14-01-10	#6
unni1 New Member Join Date: Jan 2010 Posts: 14 Thanks: 0 Thanked 0 Times in 0 Posts	nlnsharma - WOW. thanks for explaining so clearly the actual situation there. its really helpful.