Need thoughts on Nanded City - Page 2 - Indian Real Estate Forum

RAJESHP · 05-03-10

Quote:

Originally Posted by virkar23

For the folks (mannusing , aditi sharma) who brought in ownership point – It could a subject of big debate. My feel is down the line Maharashtra / Central govt will (need to) pass an ownership law as these kind of townships will become more common development culture thro’ out the state / country and the pressure will build by flat owners.

Satish

I must say that you are the one big OPTIMISTIC guy.

shabbo_Azmi · 13-03-10

great discussion, buddies.

are they charging any "FLOOR RISE" for the sky scrppers?

please let me know.

puser · 13-03-10

Everyone charges floor rise in Pune nowadays...

shabbo_Azmi · 30-03-10

Quote:

Originally Posted by puser

Everyone charges floor rise in Pune nowadays...

Thanks, but any idea these people charge as floor rise and above which floor? thanks

puser · 30-03-10

It depends on the project. In Brahma Avenue; they were charging above 2nd floor; whereas in some projects they do charge above 5th floor.

ucpadhye · 06-04-10

Quote:

Originally Posted by aditi sharma

you will never have full ownership in tonwships like nanded city or magarpatta city, as 'land conveyance' will not be done.
Land ownership will remain with township development company and also the maintanace contract. This is a honeypot for them. They will keep milking the residents indefinitely.

Hi, I just confimed from the sales manager of Nanded City, that there is land conveyance.

aditi sharma · 06-04-10

Land conveyance to whom ?
Do they form society ? I dont think so. They haven't done it in mp city. So buyers dont get share certificate. Without this, buyers won't have land conveyance.

I think, land conveyance is done from farmers to the township company. They will not form a society so how they will do land conveyance to society ?

Quote:

Originally Posted by ucpadhye

Hi, I just confimed from the sales manager of Nanded City, that there is land conveyance.

ucpadhye · 06-04-10

They are going to form a group of flatholders for each of their complexes and may give land conveyance to that group. I am not sure one needs to check the actual clauses in the agreement.

ucpadhye · 06-04-10

Floor rise is INR 25 per floor above 11th floor.

ucpadhye · 06-04-10

Hi, There is a news that the merging of some villages in PMC limits is already on its way. Nanded is one of them. But the stampduty and reg values wont change as per Sales person

.
They claim they have started reg for Lalit and Mangal bhairav.
HDFC has already approved the project.

13-03-10	#12
shabbo_Azmi Member Join Date: Nov 2009 Posts: 77 My Mood: Thanks: 0 Thanked 5 Times in 1 Post	floor rise????? great discussion, buddies. are they charging any "FLOOR RISE" for the sky scrppers? please let me know.

06-04-10	#20
ucpadhye New Member Join Date: Jan 2010 Posts: 5 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	some latest info on Nanded City Hi, There is a news that the merging of some villages in PMC limits is already on its way. Nanded is one of them. But the stampduty and reg values wont change as per Sales person. They claim they have started reg for Lalit and Mangal bhairav. HDFC has already approved the project.

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13-03-10	#13
puser Veteran Member Join Date: Apr 2009 Posts: 1,602 My Mood: Thanks: 30 Thanked 12 Times in 10 Posts	Everyone charges floor rise in Pune nowadays...

30-03-10	#15
puser Veteran Member Join Date: Apr 2009 Posts: 1,602 My Mood: Thanks: 30 Thanked 12 Times in 10 Posts	It depends on the project. In Brahma Avenue; they were charging above 2nd floor; whereas in some projects they do charge above 5th floor.