Powai - Mumbai (Bombay) - Indian Real Estate Forum

sqldba20 · 25-10-09

Folks:

Anyidea on what is the going rate now (approximately) at lake homes powai in Mumbai (Bombay)....?

lakehomespowai.com/building.html

Thanks !

razer · 25-10-09

Depends on which building. I think the completed ones, especially Lake Lucerne are demanding quite a premium, Rs 10,000+?

The ones that are under construction are about 20% off that, so about Rs 8000 to 9000.

Powai's average rate is around Rs 6000.

Hiranandani of course is in a different league, I've heard of some mind numbing Rs 20,000 rates as well in that complex.

Positives: Good construction, chandivali lake view, cosmo crowd and a decent complex overall. Good rental yield as well.

Negatives: Horrid access route, can get congested beyond belief during peak hours. Is getting some attention from local traffic police though, but not as much as the local residents would like.

Hope this helps.

amitbudhiraja21 · 26-10-09

i believe they are quoting around 8000 psf.

Ashish12 · 29-10-09

Hiranandani is costing too much just because of the name.

I did not like their amenities in the bathroom etc .

Just normal hindware whereas a local builder in our area provides jaquar

razer · 29-10-09

I was quoted Rs 8000+floor rise for their Phase IV development in lake homes.

razer · 06-11-09

Anyone booked here? I'm planning to do a recce soon, am interested.

devroop.dhar · 08-11-09

Nahar Amrit Shakti is arnd 6-7 K range for under construction bldgs. But it is actually Chandivali I think, or maybe you can say in between Powai and Chandivali.

atanup · 09-11-09

Hi has anyone booked in soft launch in Olivia/Oak- Nahar Amrit Shakti. I had booked a flat in Olivia by issuing a cheque of Rs.2,00,000 in August 2009. Builder told that the project will be formally launched soon and the rest of the payment has to be made after that. Now the builder has returned my cheque (by courier) and told over that the project has been cancelled as Civil Aviation Authority did not give clearance. Does anyone have any idea what actually is going on there?

Manoos · 26-02-11

quite impossible. i checked a 1 BHK in chandvli few months back and it was quoting 50L (arnd 550 sq ft)

Quote:

Originally Posted by razer

Powai's average rate is around Rs 6000.

Sharpj · 26-02-11

I think some broker from powai did some advertising on a real old thread and this got kicked up. The moderators of Iref deleted that and the user.. so the 6000 rate is of 2009

Even I got confused Manoos.. all the postings are really old so please ignore yaar..

Manoos.. eh rate ayega..

Quote:

Originally Posted by Manoos

quite impossible. i checked a 1 BHK in chandvli few months back and it was quoting 50L (arnd 550 sq ft)

25-10-09	#1
sqldba20 New Member Join Date: Nov 2007 Posts: 7 Thanks: 0 Thanked 0 Times in 0 Posts	Powai - Mumbai (Bombay) Folks: Anyidea on what is the going rate now (approximately) at lake homes powai in Mumbai (Bombay)....? lakehomespowai.com/building.html Thanks !

09-11-09	#8
atanup New Member Join Date: Nov 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Olivia/ Oak- Nahar Amrit Shakti Hi has anyone booked in soft launch in Olivia/Oak- Nahar Amrit Shakti. I had booked a flat in Olivia by issuing a cheque of Rs.2,00,000 in August 2009. Builder told that the project will be formally launched soon and the rest of the payment has to be made after that. Now the builder has returned my cheque (by courier) and told over that the project has been cancelled as Civil Aviation Authority did not give clearance. Does anyone have any idea what actually is going on there?

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25-10-09	#2
razer Member Join Date: Dec 2008 Posts: 407 Thanks: 0 Thanked 0 Times in 0 Posts	Depends on which building. I think the completed ones, especially Lake Lucerne are demanding quite a premium, Rs 10,000+? The ones that are under construction are about 20% off that, so about Rs 8000 to 9000. Powai's average rate is around Rs 6000. Hiranandani of course is in a different league, I've heard of some mind numbing Rs 20,000 rates as well in that complex. Positives: Good construction, chandivali lake view, cosmo crowd and a decent complex overall. Good rental yield as well. Negatives: Horrid access route, can get congested beyond belief during peak hours. Is getting some attention from local traffic police though, but not as much as the local residents would like. Hope this helps.

26-10-09	#3
amitbudhiraja21 New Member Join Date: Jul 2009 Posts: 7 Thanks: 0 Thanked 0 Times in 0 Posts	i believe they are quoting around 8000 psf.

29-10-09	#4
Ashish12 New Member Join Date: Oct 2009 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	Hiranandani is costing too much just because of the name. I did not like their amenities in the bathroom etc . Just normal hindware whereas a local builder in our area provides jaquar

06-11-09	#6
razer Member Join Date: Dec 2008 Posts: 407 Thanks: 0 Thanked 0 Times in 0 Posts	Anyone booked here? I'm planning to do a recce soon, am interested.

08-11-09	#7
devroop.dhar New Member Join Date: Jun 2009 Posts: 31 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Nahar Amrit Shakti is arnd 6-7 K range for under construction bldgs. But it is actually Chandivali I think, or maybe you can say in between Powai and Chandivali.