Hi Friends,

I had been to the FAIRPRO '09 Fair.My Impression after seeing, is that prices are stagnating for all ongoing projects and builders are trying hard to hold them up.

Prices are 10-20% lower for new projects in the pipeline and for ready to occupy flats.

The discount offered at the stall was very less and were in the range 150-500 Rs/sqft max.

For the benefit of fellow members I am posting the project/price details of some of the properties.



Akshaya Foundations

Adora - OMR - 3750/sqft
Aikya - Adyar - 12500/sqft

Alliance Group - Orchid Springs - 3199/sqft

Arihant Foundations

Heirloom - Thalumbur - 2499/sqft
Escapade - Thoraipakkam - 4150/sqft
Villa Viviana - Maramalai nagar - starting from 1 Crore

Asvini Foundations

Amarisa-phase1 - Ramapuram - 4500/sqft
Amarisa-phase2 - Ramapuram - 4250/sqft
Akshita - Madipakkam - 3800/sqft

Casa Grande

Riveira - Palikkarnai - 3450/sqft - before discount 3600/sqft
Silver Oak - Perungudi - 4300/sqft - before discount 4500/sqft
Madhuban - Madipakkam - 3300 /sqft - before discount 3500/sqft
Mylapore - R.K.salai - 12500/sqft
Plots
Ponmar -785/sqft - before discount 825/sqft
Maraimalainagar - 790/sqft - before discount 825/sqft

CeeDeeyes - Chenni Pattinam

Basic Rate - 1600/sqft All Inclusive - 2075/sqft

Chaitanya shanthiniketan

Sunnyvale - Ayanavaram - 4850/sqft
Serena - Rajkilpakkam - 2550/sqft
Gardenia - OMR - 1900/sqft
Green Park - Chitlapakkam - 3300/sqft

DLF

Gardencity - 3200/sqft - was told slash in prices expected in coming weeks.

Doshi Housing

Etopia I and II - Perungudi - 3895/sqft
Nakshatra - Tambaram - 2995/sqft - Completion May 2010
Tranquil - Velachery - 5500/sqft - Completion February 2010
Trinity park - Santhoshpuram,Vengaivasal - 3195/sqft - Completion April 2009
Serene Couny-Villas - Santhoshpuram,Vengaivasal - 2200,2600/sqft
LlanStephan - Chetpet - 9000/sqft - Completion May 2009
Sri Mahalakshmi - Ayanavaram - 4495/sqft - Ready to Occupy

ETA

Rosedale - OMR - 3100/sqft
Le Chalet - Villas - Sriperambudhur - 26 Lakhs - 37 Lakhs

Hiranandani Upscale - 4200/sqft

Hiranandani Palace Gardens - 3475/sqft

Indus Housing

anantya - Navalur,OMR - 2299/sqft + 400(other charges)
riviera villa - Navalur,OMR - 90 Lakhs onwards
habittera - urapakkam,GST - 2399/sqft + 400(other charges)
amber - Saidapet - 4750/sqft

Jain Housing

Ankush Prakas - Kilpauk - 7500/sqft - Ready to occupy
Amrit Kailash - Strahns Road - 4500/sqft - Ready to occupy
La Gardenia - Nungabakkam - 7500/sqft - Ready to occupy
Ansruta - Valluvarkottam, nungabakkam - 10000/sqft - Ready to occupy
Antariska - Kodambakkam - 4500/sqft - Ready to occupy
Eiffel Garden - Vadapalani - 4250/sqft - Ready to occupy
Saagarika - M.R.C Nagar, sea facing - 10000/12500 - Ready to occupy
Green acres - Pallavaram - 3900/sqft - Ready to occupy
Abhishek - Selaiyur - 3500/sqft - Ready to occupy.

Jamals

Orchid - Palikkarnai - 3500/sqft
Palazzo - keelkattalai - 3700/sqft
Grandeur - Velappanchavadi(near saveetha dental college) - 3200/sqft

KGEYES

3 Projects on L.B.Road, Thiruvanmiyur - 6650/sqft
Delmare - Beach road,Thiruvanmiyur - 7000/sqft
Carolina - Velachery,Taramani - 4500/sqft
Swathi - Sastri Nagar,Adyar - 8500/sqft
Kalakshetra - 8000/sqft

Landmark Constructions

Tiara - Perungudi - 4000/sqft - Completion on August 2009
Aston Ville - Vadapalani - 5500 sqft - Completion on July 2009
Tudors Place - K.K.Nagar - 6500/sqft
The Address - Adyar - 11500/sqft
The Grange - Palavakkam - 7500/sqft
Cenralia - Chrompet - 2950/sqft - prelaunch
Gem Towers - AnnaNagar - To be launched.
Mahalakshmi Heights - Ashok Nagar - To be launched

L&T Estancia
Construction in Progress
1st-3rd Floor - 3950/sqft
4th -12 floor - floor rise charge of 20/sqft for each floor
13th - 17th - 4450/qft

L&T Eden Park - 3600/sqft

Mantri Synergy - OMR
2800/sqft - with 20/floor rise
Special offer - First Floor - all inclusive
1140 sqft - 33,67,000
870 sqft - 28,50,000

Navin Housing

Dayton Heights - Nelson Manickam road - 6500/sqft + 30/sqft floor rise from 2nd floor
Subha Mangala - Ramapuram - 4200/sqft
Brookfield - Nanmangalam - 3500/sqft
Merrylands - Medavakkam - 3500/sqft

Olympia Opaline - 3441/sqft - spl budget flats available

PACE Builders

Anna nagar west - 4195/sqft - before discount 4495/sqft
Selaiyur - 3195/sqft - before discount 3495/sqft
Valasarvakkam - 2795/sqft - before discount 3295/sqft

PS Srijan

The Grand - Velachery - 5250 sqft - before discount 5500/sqft - Floor Rise applicable from 4th floor

Rajparis

Harmony - Medavakkam - 3100/sqft

Rajarathnam Constructions

RC Prince Gardenia - Perambur redhill road,Kolathur - 3600/sqft

Rajkham

Independant houses - Ayyapathangal - 2600/sqft

Real Value

Sai Skanda - Velachery - 4200/sqft
Sai Surya - Palikaranai - 3800/sqft
OMR opp SIPCOT - 13.20 Lakhs onwards

Shriram Properties

Trishakti - SIPCOT - 2750/sqft
Shankari - 1990/sqft

Sidharth foundations

Tulip - k.k.nagar west - 4800/sqft - completion march 2009
Natura - medavakkam - 3100 /sqft - completion july 2009
Visvaleela - Annanagar - 8500 /sqft - to be launched
Dakshin - Urapakkam - price TBD - to be launched
upcoming projects in porur, thoraipakkam, rajkeelpakkam, mogappair.

SIS

Safaa - Urappakam - 3150/sqft

SSPDL

Crescent - Kelambakkam - Vandalur Road - 2500/sqft
Upcoming 2 villa project one in OMR and one in Sriperambathur.

Sumanth & Co

Thiruvanmiyur - 6000/sqft
Besant Nagar - 11500/sqft

TVH

Lumbini square - Pursaiwalkam - 5500/sqft + 30/sqft floor rise from 5th floor
Ouranya Bay(Premium) - OMR,Padur - 3100,3200 + 25/sqft floor rise from 5th floor
Ouranya Bay(Budget) - 2bhk - 20 Lakhs
3bhk - 30 Lakhs
Ekanta - Coimbatore - 3100/sqft
Revata - Mogappair east - 4500/sqft
Kamya - K.K,Nagar - 7000/sqft
Metro Golden Nest - Sriperambathur - 1bhk - 15 Lakhs
2bhk - 22 Lakhs
3bhk - 28 Lakhs

VGN Group

Minerva - Mogappair,Nolumbur - 2975/sqft
3 in 1, 4 in 1 - 3800/sqft
Mahalakshmi Nagar,Thiruverkadu - 3500/sqft
Plots
Mugalivakkam - 52 Lakhs/grnd
Selaiyur - 50 Lakhs/grnd
SPKoil - 34 Lakhs/grnd
Katankulathur - 22-27 Lakhs/grnd

Yuga Homes

Shem Park - chemmenachery - 3300/sqft
Upcoming in Koyambedu, R.A.Puram(8000/sqft)



There are lots of properties and also lots of potential buyers.There is sure a sense of uncertainity among the builders and also the buyers on when to make the next move.It was evident that correction in RE prices have started to happen.

Requesting members to respond with their thoughts on the current trend.
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  • Originally Posted by vkpraba
    Realtors Offer 40% Discount To Buyers
    To perk up the sluggish realty market, Unitech, DLF, HDIL, BPTP and others are offering a 30-40% discount on ongoing projects. Analysts assert that such projects will facilitate demand and bring in much-needed liquidity in to the industry. In the last few months, DLF has launched a project each in Hyderabad and Bangalore, totalling close to 4,000 units. DLF executive director, Mr. Rajeev Talwar said that of these, about 500 units have already been sold in the price range of Rs 1,850-1,890 per sq ft. "These prices are lower than prices in 1998," he added. Unitech has also launched a few projects in the last two months. Unitech's Uniworld Garden II in Gurgaon’s Sector 47 has been launched at Rs 3,250 per sq ft.
    17 March 2009 google.com


    1998 prices???? the places they are building now never existed in 1998 as residential localities,they were jungles or swamps or may be farmlands.
    these places never had any infrastructure in 1998.they are costly even at these rates.(OMR beyond sholinganallur) and sripermbudur flats being built there would be available at less than construction cost in a couple of years.
    no doubts about this.DLF and the biggies have 1000s of acres of land banks
    which they are converting to cash now(liquidity). tell me why these builders dont reduce prices in projects in the city?.
    if you guys get a 30% discount in areas like velachery(proper) tambaram,
    chromepet,mogapair, pls let me know.
    CommentQuote
  • Originally Posted by abk
    1998 prices???? the places they are building now never existed in 1998 as residential localities,they were jungles or swamps or may be farmlands.
    these places never had any infrastructure in 1998.they are costly even at these rates.(OMR beyond sholinganallur) and sripermbudur flats being built there would be available at less than construction cost in a couple of years.
    no doubts about this.DLF and the biggies have 1000s of acres of land banks
    which they are converting to cash now(liquidity). tell me why these builders dont reduce prices in projects in the city?.
    if you guys get a 30% discount in areas like velachery(proper) tambaram,
    chromepet,mogapair, pls let me know.


    DLF has already announced price reduction in their existing projects at Chennai, Bangalore and Delhi. 2 weeks back there was an article in dailies for this. If you remember, few months back the Builders Association of India has advised their members to reduce the flat prices by 20%. In Mumbai, there are 20,000 defaulted properties coming for auction in first phase (April). Chennai's defaulted property status is yet to come out... expected in April.

    Home Buyers Expect More Price Cut
    Around 90 per cent home buyers in Mumbai, National Capital Region, Bangalore and Hyderabad, where property companies like DLF, HDIL and Unitech have launched their projects with 20-25 per cent price cuts, expect prices to fall further by around 20 per cent, a survey by an international brokerage shows. Home buyers, who are currently facing the problems of dwindling incomes and job cuts, are yet to make up their mind on buying new homes despite the price cuts and lower interest rates, the survey, conducted by CLSA, has found.
    16 March 2009 Business Standard
    CommentQuote
  • Denial continues ...

    Originally Posted by ks2071746
    Dear friend,

    Your detailed analysis is worth reading. However, in the case of Adyar, getting 2006 price + 10-15% i.e., Rs. 5000 to 5250/sq. ft. will not be possible. At best against Rs. 10000/sq. ft. it may come down to Rs. 7500 level.

    ks2071746



    Remember the Tsunami? When people were told to run, they simply said, such a thing is not possible and continued to not only stay, but went in to investigate when the water go sucked out to sea!!!

    Well, I do see that, even in the face of something that has not been seen in over 70 years, and probably something which will be finally seen as probably the worst depression in modern times, we are all still talking about 20% and not less than 30% - as though the world is a normal place like it used to be in 2007!!!

    It appears that, not having experienced financial tsunami, even people who are normally prudent and cautious, continue to not only stick around on the beach, but are even venturing into the sea (b.uying property) as the water gets sucked out!!!

    Well, I can only do what saves my life. Pick up footwear and run like h*ll in the opposite direction and onto high ground (savings in cash and hard assets)! :D


    Here are some examples of Denial:

    1. Nats agrees with me that RE Market lags Stock Market by 1 to 1.5 years. Therefore, he says, I was early in calling the RE peak (in Aug 2008) when it actually is going to happen in mid-2009.

    Ok Nats. Even if I was early in calling it (and I consider a 6-month-ahead warning to be timely and not early for RE as it enables one to get out when there is liquidity and s.elling is easy), by your own logic, why are you asking people to b.u.y property at the peak (mid-2009) which you agree is around now? Something shady?

    2. Someone else argues that prices will not s.ell below guideline value. Which guideline value? I ask! The one in 2004 at 1500 per SFt? Or the one for the same area in 2008 at Rs.15000? Please note that as this boom was used by vested interests to pull up guideline value, the fall below current GL value will pull it back down to sane levels. Don't bet on prices not coming down below insane (and manipulated) guideline values!!!

    3. Even after I point out that to merely come down to 2004 levels, prices must fall 60% to 85%, thereby showing how far away from the mean growth rates prices have shot up, people still talk as though a 400% jump in 5 years is normal and these prices will hold. WOW!

    Wake up!!!!

    cheers
    CommentQuote
  • Dear Friends,

    Prospective buyers often face a dilemma whether to buy flats/independant house or land.

    I thought we should discuss this very important aspect of realestate.So that one can decide and be focussed in pursuing what they want to purchase.

    Though everyone agrees that land value appreciates and building depreciates.Individual preferences vary for various reasons like community living, security, facilities etc.

    The line demarking necessity and luxury has become rather fudged nowadays.We are being sold forcibly what we dont want and need.These are ill effects of consumerism and gloablization.

    Most people including me just want "value for money" .

    In one of my earlier posts in another thread I had opined how I feel about chennai.Restating them again.



    Chennai Proper - Area within corporation limit - possible correction 10-15%

    Chennai proper would be the least affected.The reasons are it being well connected and all infrastructure is readily available.proximity to business establishments,educational instituitions.Main factor is that Supply of worthy property is very less.Frankly I dont see any issues with the land price here, my complaint is only that the flat price from the builders is not inline with the land price.

    Fit for flat purchase for middle/higher middle income class people and land purchase for the rich.

    Chennai Suburbs - Areas within the proposed new corporations and CMDA limits - possible correction 20-30%

    During this boom we saw the suburbs seeing development at a rate which was not witnessed before.For example velachery, mogappair, tambaram is completely self sustained today.These locations are serving as hubs for people from various professions.In these location the price rise was long due and it happened.Here lands are available between houses.

    It will make sense only to buy an independant house or land here than going for a flat and paying for the high construction/builders cost.Flats with good UDS is worth pursuing.

    Chennai Suburbs - Areas outside corporation within CMDA limits. - possible correction 30-50%

    There are lots of areas whose price rose as collatarel benefit along velachery, Porur, Tambaram etc.

    These locations have decent infrastructure but not complete in anyway.People who are living here are still original residents and vacant plots are available in plenty.

    Fit for only land purchase and independant house.

    Chennai Outskirts - Areas adjoining OMR/GST/Bangalore and kolkata Higways. - Crash >50%

    These areas are pure speculation.Only certain areas will flourish and live to the hype.

    Fit for only land purchase as investment for long term.

    OMR - Tightly coupled with IT industry

    For example in siruseri out of all the big projects coming up, Only 2 projects have proper approvals and are in line to completion in time.With IT seeing slump most would want only to rent these flats.

    I am expecting these unsold flats to be rented out by the builders themselves when completed or available at subsidised rent through the companies.

    Bangalore Highway - Electronic corridor and Proposed airport is the USP.

    If there is news that the proposed airport is dropped (I dont know till now, whether the project even actually took off).Then the price would plummet.I hear most of the industries there are laying off and cutting down on production.

    GST road - Has the potential, but no real developments yet.

    Very well connected by road/rail and the best bet for investment for long term in my opinion, any future township would come up only along here.I would ideally wait for TNHB to anounce some schemes and try to get a plot there.

    Kolkata Highway/Avadi Road - Outer ring road, connectivity to bangalore highway.

    Very well connected by road/rail, but Hasnt seen much development compared to other parts of Chennai.


    I thought I should explain why I feel that flats within city, independant houses in the suburb and plots in the outskirts can be bought as investment.

    Primary reason being, Affordability and value for money.

    Cost of a property = Land cost + construction cost.

    Today to construct a house the cost is min 800-1200/sqft for good quality and for premium construction 1000-1500/sqft.

    A builder would include the profit margin,investment, approval and marketing charges which would be another 500-1000/sqft.

    Assuming 1500/sqft as the construction cost.To buy a property of 2000 sqft built up would cost 30 Lakhs just for construction alone.This is the same whereever you buy across in chennai.

    I use the following thumbrule

    (cost of land per/sqft of built up / construction cost per/sqft of built up) should be > 1

    where
    cost of land per/sqft of built up = cost of land per sqft /FSI allowed

    Let me call it Value for Money Indicator(V.M.I).

    It will give an idea whether you are investing in appreciating land or in depreciating building.

    For those who dont know how much UDS to expect can use the following as a rough guide


    Independent house

    Allowed FSI - 1.5
    Achievable FSI - 1.25(due to restriction on plot coverage,set back restrictions)
    UDS for 1000 sqft constructed - 800 Sft.

    Ground + one building

    Allowed FSI - 1.5
    Achievable FSI - 1.35 to 1.45(reduction due to restriction on plot coverage, set back space, No. of Kitchen and carpark restrictions)
    UDS for 1000 sqft constructed - 710 Sft.

    Ground + 3 storied building (or) stilt + 4 storied

    Allowed FSI - 1.5
    Achievable FSI - 1.6 (increase due to non F.S.I. area like headroom, lumber room areas )
    UDS for 1000 sqft constructed - 625 Sft.

    Ground + 4 floors and above

    Allowed FSI - 2.5
    Achievable FSI - 2.6 (increase due to non F.S.I. area like headroom, lumber room and associate room areas etc.)
    UDS for 1000 sqft constructed - 385 Sft.



    To calculate share in a Joint venture.



    a/(100-a) = Floor Area ratio * Cost of construction per sqft/Cost of the land per sqft

    where
    a is the percentage builder will take.
    FAR = FSI + 10% FSI(common area) typical (expressed as in FSI)
    Cost of construction includes everything (planning,approvals, greasing etc)

    courtesy : Sigma from r2iclubforums


    For the calculations I am going to assume 1.5 FSI so UDS would be 1250/sqft

    Case I - Chennai Proper - Area within corporation limit

    Lets assume land value is 9000/sqft

    V.M.I = (9000/1.5)/1500 = 4 > 1

    Case II - Chennai Suburbs - Areas within the proposed new
    corporations and CMDA limits

    Lets assume land value is 3000/sqft

    V.M.I = (3000/1.5)/1500 = 1.34 > 1

    Case III - Chennai Suburbs - Areas outside corporation within CMDA limits

    Lets assume land value is 1500/sqft

    V.M.I = (1500/1.5)/1500 = 0.67 < 1

    Case IV - Chennai Outskirts - Areas adjoining OMR/GST/Bangalore and kolkata Higways

    Lets assume land value is 450/sqft

    V.M.I = (450/1.5)/1500 = 0.2 < 1

    I hope it is now clear that the lesser the FSI more is the land value, and more value for money.It is very evident even when we use the inflated prices, so if and when the price corrects the property will lose more value if the land share value is less.

    In simple words dont invest in flat when land is still affordable in a locality, unless its for living and self use.

    If one has invested more in building expecting only rental returns, it will be catastrophical when RE correction/crash happens.They will be left holding depreciating building with no land value.People will not want to buy it when such properties will be avaialbale at low rents.the worth of the property will be completely eroded.

    Its lot safer to hold and invest majority in the land which will at the least insulate against the losses partially and provide an opportunity to make up for the losses when the property is held upto through the next RE cycle and boom when it will appreciate again.

    First to witness correction would be the highrise on the outskirts and premium apartment segment within the city.The land prices in the speculative areas will also see sharp corrections.I feel the indication of next wave of price correction would be reduction in rentals.

    Requesting members to share their comments and opinions.
    CommentQuote
  • Below article from BusinessLine proves that if price goes to 2004 level demand will come back.
    Could residential demand pick up if prices are rolled back to levels prevalent a few years back?
    Yes, seems to be the answer going by the experience of one of the largest developers in Mumbai — Housing Development and Infrastructure Ltd (HDIL).
    Property buyers in Mumbai appear to be looking for 2004 prices in the current economic scenario, going by the responses that HDIL got last fortnight.
    One of the large-scale real estate developers in Mumbai, HDIL has executed 32 projects spanning over 28 million sq.ft of saleable area, besides four million sq.ft under slum rehabilitation schemes in the city since 1996.
    Primarily into residential housing, HDIL priced its March launches, comprising one- and two-BHK (bedroom-hall-kitchen) apartments at Kurla, a central suburb in the city, at Rs 5,251 a sq.ft — a level of pricing that prevailed there in 2004. The response has been overwhelming and the company, which opened bookings on March 6, has sold over 85 per cent of the 756 apartments till date.
    CommentQuote
  • Originally Posted by BigBear
    Below article from BusinessLine proves that if price goes to 2004 level demand will come back.
    Could residential demand pick up if prices are rolled back to levels prevalent a few years back?
    Yes, seems to be the answer going by the experience of one of the largest developers in Mumbai — Housing Development and Infrastructure Ltd (HDIL).
    Property buyers in Mumbai appear to be looking for 2004 prices in the current economic scenario, going by the responses that HDIL got last fortnight.
    One of the large-scale real estate developers in Mumbai, HDIL has executed 32 projects spanning over 28 million sq.ft of saleable area, besides four million sq.ft under slum rehabilitation schemes in the city since 1996.
    Primarily into residential housing, HDIL priced its March launches, comprising one- and two-BHK (bedroom-hall-kitchen) apartments at Kurla, a central suburb in the city, at Rs 5,251 a sq.ft — a level of pricing that prevailed there in 2004. The response has been overwhelming and the company, which opened bookings on March 6, has sold over 85 per cent of the 756 apartments till date.


    what is the current prices in kurla ?(viz nov2008-feb2009). and as many others in this forum say 400% hike in RE over 2004 then the prices should have been 17000-20000/sq ft for the 300-400% hike.
    CommentQuote
  • Originally Posted by abk
    what is the current prices in kurla ?(viz nov2008-feb2009). and as many others in this forum say 400% hike in RE over 2004 then the prices should have been 17000-20000/sq ft for the 300-400% hike.


    Heard from my friend it was around 16000-20000 rs last year around BKC.
    CommentQuote
  • friend is not truthfull big bear.
    google and check it out rates vary drom 6000-8000 only






    ="http://www.99acres.com/X2116934"] Residential Apartment in Kurla (East)
    10 min walking from kurla station ,newly built well built r.Appt located at very prime location ,all the facilities are available near by and around,...
    1 Bedroom | Built-up Area: 510 Sq.Ft. | Rs. 32 Lacs
    nehru nagar kurla east, Central Mumbai suburbs

    Broker: Raj | R Homes ="http://www.99acres.com/X2116934"]
    : 9702814034,9820731127
    Click to view numbers



    Posted Date: Mar 19, 2009 ="http://www.99acres.com/X2116934"]View Similar Properties

    ="http://www.99acres.com/M2081447"] Residential Apartment in kurla (west)
    Residential apartment in kurla (west)
    1 Bedroom | Built-up Area: 418 Sq.Ft. | Rs. 26 Lacs
    A-9 SILVER SPRINGS LBS MARG, Central Mumbai suburbs

    Owner: AARON SEQUEIRA ="http://www.99acres.com/M2081447"]
    : 9930389609 : 91-22-9930389607
    Click to view numbers



    Posted Date: Mar 03, 2009


    Posted Date: Mar 03, 2009


    Posted Date: Mar 03, 2009


    Posted Date: Mar 03, 2009


    Posted Date: Mar 03, 2009


    Posted Date: Mar 03, 2009
    CommentQuote
  • Originally Posted by BigBear
    Heard from my friend it was around 16000-20000 rs last year around BKC.



    again even in 2008 rates were not 16000-20000 . big bear -big lie?????????


    1 bedroom Apartment / Flat for Sale in Kurla West, Mumbai (ID: 8539262)


    garden flat room road facing 1st floor

    52/1 L.I.G Colony vinobha bhave nagar kurla west, Kurla West, Mumbai (Maharashtra) - 400070
    Property ID: 8539262
    Posted: 133 Days Back
    Available From: Jan 2, 2008
    Area: 630 Sqft
    Bedroom: One
    Bathroom: One
    Floor: First
    Total Floors: 7
    Facing: East
    Furnished: Unfurnished
    Built Year: 2008
    Price Range: 25 lacs-40 lacs

    ="http://www.propertywala.com/properties/type-residential_apartment_flat/for-sale/location-kurla_west_mumbai/garden_flat_room_road_facing_1st_floor-8539262.html#contactBox"]Contact Seller ="http://www.propertywala.com/profile/221226"] View all properties by this seller ="http://www.propertywala.com/properties/type-residential/for-sale/location-mumbai_maharashtra"]View similar properties ="http://www.propertywala.com/projects/location-mumbai_maharashtra"]View projects in Mumbai
    CommentQuote
  • Originally Posted by abk
    friend is not truthfull big bear.
    google and check it out rates vary drom 6000-8000 only






    ="http://www.99acres.com/X2116934"] Residential Apartment in Kurla (East)
    10 min walking from kurla station ,newly built well built r.Appt located at very prime location ,all the facilities are available near by and around,...
    1 Bedroom | Built-up Area: 510 Sq.Ft. | Rs. 32 Lacs
    nehru nagar kurla east, Central Mumbai suburbs

    Broker: Raj | R Homes ="http://www.99acres.com/X2116934"]
    : 9702814034,9820731127
    Click to view numbers



    Posted Date: Mar 19, 2009 ="http://www.99acres.com/X2116934"]View Similar Properties

    ="http://www.99acres.com/M2081447"] Residential Apartment in kurla (west)
    Residential apartment in kurla (west)
    1 Bedroom | Built-up Area: 418 Sq.Ft. | Rs. 26 Lacs
    A-9 SILVER SPRINGS LBS MARG, Central Mumbai suburbs

    Owner: AARON SEQUEIRA ="http://www.99acres.com/M2081447"]
    : 9930389609 : 91-22-9930389607
    Click to view numbers



    Posted Date: Mar 03, 2009

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers

    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers
    CommentQuote
  • Originally Posted by BigBear
    Below is the ad posted in 99acres in feb 2009.Flats 3km from BKC are quoted at 8200rs per sqft.I told 16000-20000 rs near BKC in 2008.If flats which are 3 km can fetch 8200 it is reasonable to say that flats close to BKC were quoted at 16000-20000 in 2008.
    Even assuming me and my friend are lying you dont trust article from 100 years old Hindu group.Its like ostrich hiding its head in sand hoping the problem will magically vanish.

    Residential Apartment in kurla (west)
    Just 3 kms from BKC, brand new complex
    2 Bedrooms | Built-up Area: 982 Sq.Ft. | Rs. 80 Lacs
    kohinoor city, Central Mumbai suburbs
    Broker: Dalip Kr.Rajpoot | Oriental Associates
    : 9930010034,9324579926 Click to view numbers


    100 yrs old or 200 yrs old whether the hindu or xyz i trust the media less.
    hindu is a vested grp with a nupital relation with MK and above all an article is the perspective of a journalist or a economist or.... so just bcoz hindu 'prints it doesnt mean a hypothesis becomes a fact.as contra says the "best"
    analysts had glorified the US failed comp.
    I AM HERE NOT TO KNOW WHAT THEY SAY BUT WHAT YOU THINK.

    rgd the prices i have spoken to mu friend a 40 yr old mumbaikar that the prices were not 16000+ ever. in kurla.
    and BTW is the HDIL s project in BKC
    CommentQuote
  • Originally Posted by vkpraba
    Realtors Offer 40% Discount To Buyers
    To perk up the sluggish realty market, Unitech, DLF, HDIL, BPTP and others are offering a 30-40% discount on ongoing projects. Analysts assert that such projects will facilitate demand and bring in much-needed liquidity in to the industry. In the last few months, DLF has launched a project each in Hyderabad and Bangalore, totalling close to 4,000 units. DLF executive director, Mr. Rajeev Talwar said that of these, about 500 units have already been sold in the price range of Rs 1,850-1,890 per sq ft. "These prices are lower than prices in 1998," he added. Unitech has also launched a few projects in the last two months. Unitech's Uniworld Garden II in Gurgaon’s Sector 47 has been launched at Rs 3,250 per sq ft.
    17 March 2009 google.com


    Dear friend,

    These are projects mostly yet to be launched and may take atleast another 24 months minimum to take possession. They may also be further delayed. Is there any big builder/promoter who have flats ready or almost ready to take over in a coule of months with slashed prices? None will have and even if they have, will not reduce the prices much for fear of the already bought customers also wanting reduction in prices for their flats. The promoters at best may give free items like car shed, regn. free, club member ship free, deposit free, maintanance charges free for an year or so etc. etc.

    ks2071746
    CommentQuote
  • Originally Posted by abk
    100 yrs old or 200 yrs old whether the hindu or xyz i trust the media less.
    hindu is a vested grp with a nupital relation with MK and above all an article is the perspective of a journalist or a economist or.... so just bcoz hindu 'prints it doesnt mean a hypothesis becomes a fact.as contra says the "best"
    analysts had glorified the US failed comp.
    I AM HERE NOT TO KNOW WHAT THEY SAY BUT WHAT YOU THINK.

    rgd the prices i have spoken to mu friend a 40 yr old mumbaikar that the prices were not 16000+ ever. in kurla.
    and BTW is the HDIL s project in BKC

    Hi ABK,

    Big Bear is a Big LIe. He wont argue if you prove him right. So dont waste your breath on him.
    CommentQuote
  • what are they talking about?
    salary hikes???
    i have been reading only job cuts.
    must be some stupid people.
    what have the gurus here to say about this.

    ]http://in.biz.yahoo.com/090407/50/batexu.html




    Wednesday April 8, 02:04 AM Source: Indian Express Finance
    'India salary hikes will be highest in region'


    By fe Bureau

    Salary increases in India this year is projected to be the highest in the Asia Pacific region at 10.8%, according to HR consultancy firm ECA International. The firm released its latest salary trends survey findings on Tuesday.
    Even as almost a third of Asia Pacific-based companies surveyed plan to put salary increases on hold, and salaries in Japan, Taiwan, Hong Kong and Singapore have recorded the biggest downward adjustments, some Asian countries, including India, Vietnam and Indonesia, may still see big increases in 2009, the study predicted.
    However, the survey points out that since the annual inflation figures are also significantly lower than what they were (oil and food prices have fallen from the highs last year), the real wage increases may not differ significantly from last year in some markets.
    ECA regional director-Asia, Lee Quane, said, "There is still a huge demand for talent in India that is keeping pay increases high despite the current economic situation. While, in Vietnam and Indonesia, persistently high levels of inflation are keeping increases up."
    The

    Salary increases in India this year is projected to be the highest in the Asia Pacific region at 10.8%, according to HR consultancy firm ECA International. The firm released its latest salary trends survey findings on Tuesday.
    Even as almost a third of Asia Pacific-based companies surveyed plan to put salary increases on hold, and salaries in Japan, Taiwan, Hong Kong and Singapore have recorded the biggest downward adjustments, some Asian countries, including India, Vietnam and Indonesia, may still see big increases in 2009, the study predicted.
    However, the survey points out that since the annual inflation figures are also significantly lower than what they were (oil and food prices have fallen from the highs last year), the real wage increases may not differ significantly from last year in some markets.
    ECA regional director-Asia, Lee Quane, said, "There is still a huge demand for talent in India that is keeping pay increases high despite the current economic situation. While, in Vietnam and Indonesia, persistently high levels of inflation are keeping increases up."
    The
    CommentQuote
  • Originally Posted by abk
    what are they talking about?
    salary hikes???
    i have been reading only job cuts.
    must be some stupid people.
    what have the gurus here to say about this.

    ]http://in.biz.yahoo.com/090407/50/batexu.html




    Wednesday April 8, 02:04 AM Source: Indian Express Finance
    'India salary hikes will be highest in region'


    By fe Bureau

    Salary increases in India this year is projected to be the highest in the Asia Pacific region at 10.8%, according to HR consultancy firm ECA International. The firm released its latest salary trends survey findings on Tuesday.
    Even as almost a third of Asia Pacific-based companies surveyed plan to put salary increases on hold, and salaries in Japan, Taiwan, Hong Kong and Singapore have recorded the biggest downward adjustments, some Asian countries, including India, Vietnam and Indonesia, may still see big increases in 2009, the study predicted.
    However, the survey points out that since the annual inflation figures are also significantly lower than what they were (oil and food prices have fallen from the highs last year), the real wage increases may not differ significantly from last year in some markets.
    ECA regional director-Asia, Lee Quane, said, "There is still a huge demand for talent in India that is keeping pay increases high despite the current economic situation. While, in Vietnam and Indonesia, persistently high levels of inflation are keeping increases up."
    The
    ABK,
    How come you are posting a article written by a jounalist or analyst as you told you dont really trust these guys.Because they wrote something which you want to read?Did you cross verify whether it is correct and what basis did they come this conclusion.

    By the way I dont know whether the project is near BKC.If you really think Hindu is writing lie do your reasearch and tell this forum the truth.I trust Hindu and no need for me to do research on each and every article they write.
    ABK,
    How come you are posting a article written by a jounalist or analyst as you told you dont really trust these guys.Because they wrote something which you want to read?Did you cross verify whether it is correct and what basis did they come this conclusion.

    By the way I dont know whether the project is near BKC.If you really think Hindu is writing lie do your reasearch and tell this forum the truth.I trust Hindu and no need for me to do research on each and every article they write.
    ABK,
    How come you are posting a article written by a jounalist or analyst as you told you dont really trust these guys.Because they wrote something which you want to read?Did you cross verify whether it is correct and what basis did they come this conclusion.

    By the way I dont know whether the project is near BKC.If you really think Hindu is writing lie do your reasearch and tell this forum the truth.I trust Hindu and no need for me to do research on each and every article they write.
    ABK,
    How come you are posting a article written by a jounalist or analyst as you told you dont really trust these guys.Because they wrote something which you want to read?Did you cross verify whether it is correct and what basis did they come this conclusion.

    By the way I dont know whether the project is near BKC.If you really think Hindu is writing lie do your reasearch and tell this forum the truth.I trust Hindu and no need for me to do research on each and every article they write.
    CommentQuote