rameshyahoo

wich area are you looking at ?

Manoj420

Umm not sure now... We have been living on Carter Road (Bandra) for over 35 years. Plus my Dad has been living in Bandra before his marriage. I wouldn't want to move them to an unfamiliar place at this age. Plus, wanted to buy in an area that will give me easy liquidity when I decide to sell in the future.

So was looking at Bandra (E and W), Khar, SantaCruz (W and some parts of E). But everything here is so over-priced. You are getting 30-40 year old buildings with 600 sqft carpet for over 2.5 cr. Our last place was 850 sq ft carpet. Makes no sense that we move to a smaller place and have little money saved from this transaction.

So yes, not sure what area to get into now.

kumarm77

I can see what you are saying
It is difficult to believe. Even in thane hira rhodas enclave have put up their prices from yesterday say 7775 rs/sqft to 8000/sqft with 80rs fl rise.

saggii

Well why don't you try to get property in central line instead. Wadala, Sewri etc. or may be andheri will keep you abreast to the city as well besides saving on some cash. Bandra, Juhu, Versova are very very expensive now a days for ready possession property.

Manoj420

Nah man, those areas are too crowded and chaotic for my 70+ parents to handle. Besides one would think have a budget of 2.5 cr would get you something decent in the earlier areas.

Agastya07

Hi Tushar, Even I had a similar experience with Orbit for their Orbit Residency Andheri east project. They were not ready to talk on any discount.I have also received an email from them for festive season discount. But the funny thing is that if you take out festive discount from latest BSP the discounted price will be same which they used to quote 2-3 month back. So, where is the price drop??

Finaly I baught in Mulund west - Nirmal Life Style Turquoise.

nirmesh

Funny nobody told me that "Real estate valuations are falling to new lows in India's biggest real estate market — Mumbai"

Real estate valuations fall to new lows in Mumbai; Alok Realtors may sell Lower Parel property at a loss - Economic Times

keerty

Hi All

We need to finalize our flat at kalpataru aura and are in teh negotiation phase. Can anyone please share the latest rate at which they are selling/going up to.

Send me a private message. Any suggestion will be of great help.

Regards
Keerty

Rinkuu

Precisely what will happen...a drop of 10% from an increased price of 30% over the last 9-12 months.

medhapp

we were in a similar situation 3 years back, my parents had stayed in Bandra (w) -turner road for more than 30years...when our building was sold to a developer we were wondering where to go...but as u said bandra, khar or santacruz areas were way to expensive.We finally moved to Shivaji park , there are a lot of good buildings some 15-20years old and the prices are not as high compared to Bandra/Khar/Santacruz.Also try Matunga area more cheaper than Shivaji Park