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Palace Garden, Hirco Group, Panvel, Mumbai

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Palace Garden, Hirco Group, Panvel, Mumbai

Last updated: July 11 2017
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  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

    Navi Mumbai airport might be unviable, fears Cidco
    Cautions that project may have to be wound up or shifted elsewhere
    Officials from the City and Industrial Development Corporation (Cidco) today expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.

    "Increase in project cost is a matter of serious concern and further delays may lead to winding up of the project and transferring it to Chakan in Pune district or elsewhere in Maharashtra," a Cidco official, who did not want to be identified, told
    Business Standard.

    Navi Mumbai airport might be unviable, fears Cidco | Business Standard

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    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

      Hopefully this will clear the main bottle necks which is demand of higher compensation (mainly by the middlmen) for land and also the built up area of the developed land being demanded by the landowners.

      Once they realize that if the airport moves there wont be any interest in their land, they would want to sell up with whatever is on offer (which is not a bad offer by any means)

      So yes hoping this is a bluff played by the CIDCO authorities and anyways moving the airport to some other place isnt in the best interest of anyone with so much time and money already invested into it.




      Originally posted by Rasheed2302 View Post
      Navi Mumbai airport might be unviable, fears Cidco
      Cautions that project may have to be wound up or shifted elsewhere
      Officials from the City and Industrial Development Corporation (Cidco) today expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.

      "Increase in project cost is a matter of serious concern and further delays may lead to winding up of the project and transferring it to Chakan in Pune district or elsewhere in Maharashtra," a Cidco official, who did not want to be identified, told
      Business Standard.

      Navi Mumbai airport might be unviable, fears Cidco | Business Standard

      Comment


      • Re : Palace Garden, Hirco Group, Panvel, Mumbai

        Mellona

        Originally posted by vinchi View Post
        Hi prakashn2007,
        WHEN IS mellona going to be completed,or is it under construction.if u write more updates that would be nice.
        Hi. Mellona is 95 % complete and we have been given to understand that they will handover next year.

        Comment


        • Re : Palace Garden, Hirco Group, Panvel, Mumbai

          Originally posted by darkhorse
          What rate are you looking at for your flat?
          Rs 4250/- plus floor rise of Rs 42. Will share the transfer fee equally

          Comment


          • Re : Palace Garden, Hirco Group, Panvel, Mumbai

            Originally posted by prakashn2007 View Post
            Hi. Mellona is 95 % complete and we have been given to understand that they will handover next year.
            Same is true for Aura.

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            • Re : Palace Garden, Hirco Group, Panvel, Mumbai

              Originally posted by prakashn2007 View Post
              Rs 4250/- plus floor rise of Rs 42. Will share the transfer fee equally
              Hi Prakash,

              How much is the transfer fee?

              Comment


              • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                Dear HGP forum Members: I received mail from my RM that Phase-I Tower "ATLAS Currently the finishing works (internal and external ) is in progress at the site." that's all.

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                • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                  Selene digging started...confirmed news from two reliable sources
                  Times of India...head lines...airport approved by pmo ......savvy today's is your day!!!!!!!!!!

                  Comment


                  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                    New Mumbai Airport Good news

                    PM green-signals Navi Mumbai airport - The Times of India

                    Just hang in there.
                    --BK

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                    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                      Originally posted by Chrisindia View Post
                      Selene digging started...confirmed news from two reliable sources
                      Times of India...head lines...airport approved by pmo ......savvy today's is your day!!!!!!!!!!
                      Hi Chrisindia,
                      If news is confirmed than that's a good news for all,and as for brokers or insiders r concerened every day is theirs as they have nothing to lose.its only we who r loosers when a project is delayed.
                      Anyway lets cheer,if the news is confirmed.

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