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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Mumbai > Mantri Park, Goregaon-E need advice
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Old July 16 2012, 01:50 AM   #1
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Default Mantri Park, Goregaon-E need advice

I have been negotiating with a particular seller in Mantri Park-Goregaon, for a 1BHK apartment (~740sqft), while initially the owner was quoting 70lacs (6months back), he is now ready to sell it at 58lacs (post some negotiation).

Is it a good deal? Noticed a lot of flats in Mantri Park are still available for sale.

 
Old July 16 2012, 12:09 PM   #2
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My thought is that this seems to be a fair deal. I have been living here for 2 years and they finally seem to have BMC water supply, which was one of the issues. Construction quality is average at best. However, the new clubhouse is a plus. Also, not sure if there are lots of flats for sale and the builders strategy with regards to this. Anytime I have referred someone, they were only shown 1 or 2 resale flats, possibly because ready to move Mantri Park flat is used as a lure customers for Mantri Serene, which has a lot more flats available and targets the higher end customers and thereby providing more margins to the builder.
 
Old July 16 2012, 07:23 PM   #3
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What is the price of a 2 BHK at Mantri Park - ready possession as well as under constuction?
 
Old July 17 2012, 12:11 AM   #4
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Please check about the Mantri Park land ...They had forest land issues 2-3 years ago
 
Old July 18 2012, 12:30 AM   #5
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good deal, considering that the area has good rental yield too
 
Old July 18 2012, 01:42 PM   #6
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not worth. way too much inside on the hills. difficult without a car
 
Old July 21 2012, 01:25 AM   #7
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Dont go for this project. Have seen it almost 3 years back. Till now it is not sold out primarily because of the location which is interior and is surrounded by the mhada houses which is quite an eyesore. Not at all worth the price unless you really want four walls in a good location.
 
Old July 22 2012, 10:10 PM   #8
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Neighbour visited Serene...the builder is quoting Rs 9900 per sq ft. Some flats being converted to duplex etc are more expensive. Apparently he has opened up a few new flats on mantri park and is quoting the same price... These were obviously not shown to us as vacant earlier.. Must have been waiting for the price to rise so he can sell at a higher rate for the same flat :-). This was one of the few sub- 1c flats in all of mumbai and mumbai suburbs in spite of all its flaws and now it just crossed the 1 C threshold for a new flat (2bhk)
 
Old July 23 2012, 02:40 PM   #9
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Quote:
Originally Posted by pande1 View Post
I have been negotiating with a particular seller in Mantri Park-Goregaon, for a 1BHK apartment (~740sqft), while initially the owner was quoting 70lacs (6months back), he is now ready to sell it at 58lacs (post some negotiation).

Is it a good deal? Noticed a lot of flats in Mantri Park are still available for sale.
hey even I was looking for a good investment deal here at Mantri Park and I found Sunil Mantri Park | Mumbai | Sunil Mantri | Best rates on Real Estate Mumbai this link where I got all the information.
hope this helps you in finding answers to all your questions.
 
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