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1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

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1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

Last updated: April 23 2013
21 | Posts
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  • #11

    #11

    Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

    Originally posted by docamitb View Post
    thanx yu guys a lot.i have almost decided about lodha casa rio.is it bad idea???i am guessing value of my 1 BHK will be 1 cr after 15 yrs.
    25 lakh to 1 cr in 15yr is just 9.7% return. Same can be achieved in investing in liquid assets like FD, MF, Stocks.

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    • #12

      #12

      Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

      No Abhishek.. choice of tiles will cost you money.. balcony bigger.. how is that possible.. do u think they give areas free..
      the only thing you can do it.. change the layout slightly by putting the brick walls where you want..
      about tiles and everything.. the only thing u can do is not ask the builder to put his tiles.. (no discounts) and get ur own tiles (more money)..

      Originally posted by Abhishekkk
      Hello Dr Amit yes you are right if you go for an under construction site it would be much cheaper and also another plus point to it is you can customize your property according to your own need for example you can have your own choice of tiles..if u want your balcony to be a lil bigger you can get that done etc..etc...as you are looking from an investment point of view do check out more options before you finalize anything...you can check a lot of options here Mumbai Flat for Sale

      Thanks
      Abhishek

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      • #13

        #13

        Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

        At 25 lac you'll get flats in Panvel, Kalyan, some projects in Virar, Pal, Boisar, etc. I don't think that the rental market in these region is comparable to that of Mumbai in terms of volume, people working in Mumbai would rather buy a flat in these emerging regions. As people suggested, you could invest in Shahapur, land prices in Shahapur and surrounding regions like Khardi, etc has appreciated a lot.
        Also taking a loan for buying a flat in an emerging location for investment purpose is something I wouldn't advice one to do, mutual funds, fixed deposits are better options IMO (you won't have any debt too)
        Ryan Giggs.Sachin Tendulkar.Paul Scholes.Gary Neville.

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        • #14

          #14

          Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

          am getin 1 bhk resale flat in casa bella for 23 lacs.just flat cost and stilt parking.isnt it a DEAL????am planing to take 15 lac loan.

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          • #15

            #15

            Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

            Originally posted by docamitb View Post
            am getin 1 bhk resale flat in casa bella for 23 lacs.just flat cost and stilt parking.isnt it a DEAL????am planing to take 15 lac loan.
            23 lacs for 1 bhk in dombivali, why do you think it is a deal. Dont expect any deals in this complicated and competitive housing market.
            As an investment, I do not think it is very good investment. But it is your money so you decide what suits you best.

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            • #16

              #16

              Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

              which bank loan shud i consider??i was thinking about SBI.what about HDFC?

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              • #17

                #17

                Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

                there are other better options available compared to lodha.that place is very far about 6 km from dombivli station and no way near koparkhairane.nilje station is nearby on diva panvel line. But only 3 or 4 trains run on this line. do not expect more appreciation here.rental income may also be less not more than 5000 for 1bhk I suppose.whereas you will end up paying 15000 EMI for 15 lakhs loan. people will prefer eastern suburbs like bhandup or mulund where you can get 1bhk for 9000 rent also.these places have better connectivity to kopar khairane where offices are located.chances are that you might not get anyone who is willing to take your property on rent.In 23 lakhs you can get a 1bhk resale flat in mira road or even a 2bhk in vasai It is not a bad option seeing the development there.anytime mira road to virar is far better option than central side like kalyan or dombivli. ever navi mumbai is overhyped because of the airport.the airport itself can take more than 6 years for completion. by that time in 2014 elections may come and government might change and also their policies.You ARE A DOCTOR. If self employed look for place which is near your clinic to avaoid travelling.If planning to relocate to casa rio and setting your private practice will be difficult there. population size in that area will also be less at present.If you are a end user go for places which has better connectivity.Diva panvel line may take years to get fully operational. on the contray western is over crowded still it will fetch you far better returns compared to casa rio.also check the other thread on casa bella where people are suffering from lodha charging 18 percent interest on delayed payments.
                I wont recommend ghodbunder road also from investment or end user point of view.connectivity is poor.if any of your family members plan to travel by auto to thana station you may end up paying 150 rupees for single journey.and 150 for return.that is 9000 per month.Even if you have your own car pay around 6000 minimum as drivers income and petrol charges extra. the other headache being where to park your car near thana station.I know of such people who travel from ghodbunder road to CST daily.It is very difficult.metro rail wont reach till ghodbunder road cause already flyovers have been built on that road. more over environment ministry may also object on metro rail cause entire ghodbunder is on forest land.

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                • #18

                  #18

                  Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

                  Hi,

                  In budget of 25 lac, you will get resales in Kalamboli.
                  Regarding central line, Dombivali rates are little high, but close to 28 lacs.
                  Try to get flats near to railway line, it would be easy to get tenant/buyers even if it costs some more money.
                  In Western line, areas like Vasai road, Virar may be feasible.
                  You may also get resale 1 bhk in mira road.. that will be good option.
                  Naigaon is also good in that range but less on amenities.

                  ~Bunty

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                  • #19

                    #19

                    Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

                    hey so did you buy in Casa Bella? I am going to get possession of my Casa Bella flat mostly in January 2012. We had signed a contract that we cannot sell the place for 2 years. Please check this. Also, only buy after checking the flat and the extent of the construction. You might not be allowed to see the flat if it is under construction. Also, do check with the owner if he has asked for any modifications to the flat.

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                    • #20

                      #20

                      Re : 1 BHK, 25L, Thane or Navi Mumbai : Give Suggestions

                      remembering my old thread.. got this resale flat for 28 lacs(all inclusive even registration,brokerage,vat 2yr maintenance) its almost been yr.i guess right now prices are above 35!

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