Dear friends,

Hiranandani Panvel will be launching by next week at the rate of Rs 3600 psf on builtup area.

I was reading through the new housing bill legislature passed by and was signed by Hon. VILASRAO DESHMUKH (Chief Minister) dated 23 July 2007, that builder have to sell the property on carpet area rate and not on builtup or super built up.

For those who are intrested in buying an apartment/villas/penthouse in Hiranandani panvel project please insist the builder to book on carpet area.

Here are the official link for Housing bill legislature:
http://www.maharashtra.gov.in/pdf/HPeng.pdf

Also see the very intresting article in Indian express about the (the Maharashtra Ownership of Flats Act, 1963,)
http://www.indianexpress.com/news/ol...ilt-up/366208/

This mail is just to educate investors and the individual buyers about the new option.

Regards

This mail is just to educate investors and the individual buyers about the new option.

Regards
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  • Originally Posted by deepcomp
    may be I'm bit late to ask this Q. I was looking for property in Ulwe n came across map of Navi Mumbai. I think this project and may be India Bulls n Marathon is not part of Navi Mumbai geography. Is my understanding correct?


    In my thin king area of MIDC Panvel over a period of time in 10 years shall include in PANVEL ZONE,which off course shall be monitored by new Muncipal corporation like NEW MUMBAI has.
    As of now plans are under process thats have been told to me.
    As NMIA on way, the possibility of looking PANVEl as hub can be a true reality in terms of RAIl/Transit/Highways/Seways/AIRWAYS.:)
    CommentQuote
  • Originally Posted by deepcomp
    may be I'm bit late to ask this Q. I was looking for property in Ulwe n came across map of Navi Mumbai. I think this project and may be India Bulls n Marathon is not part of Navi Mumbai geography. Is my understanding correct?


    plz Read this article;
    New airport prompts railways to convert Panvel into rail hub
    says:
    With the new airport coming up at Panvel the railways want to ensure connectivity to the spot and will turn it into a hub. “We have plans to extend the local train corridors over the entire Mumbai Metropolitan Region. Panvel will be a sort of a hub for local trains that ply to CST or Churchgate. The corridors have been elaborately planned in the third phase of Mumbai Urban Transport Project (MUTP),” Dr PC Sehgal, managing director of Mumbai Railway Vikas Corporation told DNA.
    cheers
    :)
    Savvy_v
    CommentQuote
  • thanks

    Originally Posted by savvy_v
    plz Read this article;
    New airport prompts railways to convert Panvel into rail hub
    says:
    With the new airport coming up at Panvel the railways want to ensure connectivity to the spot and will turn it into a hub. “We have plans to extend the local train corridors over the entire Mumbai Metropolitan Region. Panvel will be a sort of a hub for local trains that ply to CST or Churchgate. The corridors have been elaborately planned in the third phase of Mumbai Urban Transport Project (MUTP),” Dr PC Sehgal, managing director of Mumbai Railway Vikas Corporation told DNA.
    cheers
    :)
    Savvy_v




    thanks savy for providing info
    CommentQuote
  • Originally Posted by surya2089
    thanks savy for providing info


    Hey Huys,
    see these links helpful ;to know about Development around PANVEL
    State road body wants to build Sewri-Nhava link - Hindustan Times
    lips
    :The Maharashtra State Road Development Corporation (MSRDC), the agency responsible for building roads and sea links in the state, has decided to push its claim over building the ambitious Mumbai Trans Harbour Link before chief minister Prithviraj Chavan next month. Minister in charge of MSRDC,
    Jaydutt Kshirsagar, told HT: “We are not going to give up our claim over the project. I have conveyed my point of view to the new CM and plan to meet him on the issue soon.’;
    Cheers,
    savvyThe Maharashtra State Road Development Corporation (MSRDC), the agency responsible for building roads and sea links in the state, has decided to push its claim over building the ambitious Mumbai Trans Harbour Link before chief minister Prithviraj Chavan next month. Minister in charge of MSRDC,

    Jaydutt Kshirsagar, told HT: “We are not going to give up our claim over the project. I have conveyed my point of view to the new CM and plan to meet him on the issue soon.’’
    Cheers,
    Savvy_v
    CommentQuote
  • UPDATE on HIGH rise bldg & their importance to be near AIRPORT>
    Properties near Airport shall appreciate more????
    Just Read"
    Many of us think that high-end residential, luxury residential converges around airports but that’s a myth. Globally we have seen that it is the mid-end or the value housing that congregates around the airport.

    In India, because the transportation link is not very strong, people have that temptation to come closer to airports but with those transportation links getting established be it trains, harbour, sea-link, metro extensions or the Sion-Panvel-Pune express highway augmentation and widening, the link with Mumbai will be much stronger and quicker.
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  • As per the latest email update from HPG, Phase#1 buildings' plinth is expected only by May-June'11, which means one cannot expect completion of the same before first quarter of Year 2013.

    cheers
    B
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  • Originally Posted by bhushank4
    As per the latest email update from HPG, Phase#1 buildings' plinth is expected only by May-June'11, which means one cannot expect completion of the same before first quarter of Year 2013.

    cheers
    B


    Thnx for the update Bhushan.
    AmateurREInvestor
    CommentQuote
  • Originally Posted by bhushank4
    As per the latest email update from HPG, Phase#1 buildings' plinth is expected only by May-June'11, which means one cannot expect completion of the same before first quarter of Year 2013.

    cheers
    B


    Thanks for update B,
    UPDATE:Construction for Navi Mumbai airport to begin in Oct 2011: Cidco
    Found interesting this link"http://www.business-standard.com/india/news/construction-for-navi-mumbai-airport-to-begin-in-oct-2011-cidco/416614/
    Keep updating.
    savvy_v
    CommentQuote
  • UPDATE:Construction for Navi Mumbai airport to begin in Oct 2011: Cidco
    Found interesting this link"
    Navi Mumbai airport project execution put on fast track
    savvy_v
    CommentQuote
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  • hike in base rate

    HPG base rate has now been officially revised to 4100 psf from 3950 psf. This is the first hike in their base rate after NMIA clearance. Following details are copied and pasted from the allcheckdeals.com website:

    http://www.allcheckdeals.com/project-hiranandani-palacegardens-panvel-mumbai.php?track=project_details_similar_projects

    Price and Floor Plans Type Size
    (in sq ft) INR *
    Floor Plans 1BR-1T 741 sq ft 30,38,100
    (4100/sqft)


    1BR-1T 765 sq ft 31,36,500
    (4100/sqft)


    2BR-2T 1395 sq ft 57,19,500
    (4100/sqft)


    2BR-2T 1405 sq ft 57,60,500
    (4100/sqft)


    3BR-4T 1465 sq ft 60,06,500
    (4100/sqft)

    2BR-3T 1476 sq ft 60,51,600
    (4100/sqft)

    2BR- 2T-1Study Room 1604 sq ft 65,76,400
    (4100/sqft)


    3BR-3T 1727 sq ft 70,80,700
    (4100/sqft)

    2BR-3T 1952 sq ft 80,03,200
    (4100/sqft)


    3BR-3T 1980 sq ft 81,18,000
    (4100/sqft)


    4BR-3T 2567 sq ft 1,05,24,700
    (4100/sqft)

    4BR-3T 3092 sq ft 1,26,77,200
    (4100/sqft)


    * BR-Bedroom, T-Toilet, SR-Servant Room

    cheers
    B
    CommentQuote
  • Originally Posted by bhushank4
    HPG base rate has now been officially revised to 4100 psf from 3950 psf. This is the first hike in their base rate after NMIA clearance. Following details are copied and pasted from the allcheckdeals.com website:

    Original Booking in Hiranandani Palace Gardens, Panvel in Mumbai, Mumbai property, Mumbai Properties, Mumbai Real Estate, Mumbai property.

    Price and Floor Plans Type Size
    (in sq ft) INR *
    Floor Plans 1BR-1T 741 sq ft 30,38,100
    (4100/sqft)


    1BR-1T 765 sq ft 31,36,500
    (4100/sqft)


    2BR-2T 1395 sq ft 57,19,500
    (4100/sqft)


    2BR-2T 1405 sq ft 57,60,500
    (4100/sqft)


    3BR-4T 1465 sq ft 60,06,500
    (4100/sqft)

    2BR-3T 1476 sq ft 60,51,600
    (4100/sqft)

    2BR- 2T-1Study Room 1604 sq ft 65,76,400
    (4100/sqft)


    3BR-3T 1727 sq ft 70,80,700
    (4100/sqft)

    2BR-3T 1952 sq ft 80,03,200
    (4100/sqft)


    3BR-3T 1980 sq ft 81,18,000
    (4100/sqft)


    4BR-3T 2567 sq ft 1,05,24,700
    (4100/sqft)

    4BR-3T 3092 sq ft 1,26,77,200
    (4100/sqft)


    * BR-Bedroom, T-Toilet, SR-Servant Room

    cheers
    B



    Thanks B
    Its advisable to catch the train at the right time....
    Cheers
    Savvy_v
    CommentQuote
  • Originally Posted by highrisemumbai
    Last I heard was that they scrapped the project. >>>>>>>>>>>



    Dear "HIGHRISE",
    Well, firstly "HAPPY REPUBLIC DAY "

    Its was interesting to note ideas of the members,at a greater prospective.
    I quote here" It is only imperfection that complains of what is imperfect. The more perfect we are the more gentle and quiet we become towards the defects of others. "

    & what i feel,
    "Aim at perfection in everything, though in most things it is unattainable. However, they , and persevere, will come much nearer to it than those whose laziness and despondency make them give it up as unattainable.

    I guess u got it.
    So have good perfection in advance..
    Savvy_v
    CommentQuote
  • Tentative dates for the completion of ph#1 bldg construction

    Given below is the tentative payment schedule for phase#1 bldgs of HPG as communicated by my HPG relationship manager:


    Stages of
    Construction |
    Tentative Due Date | % Called



    Earnest Money 20.00%(already paid)


    Plinth 28-Apr-11 20.00%



    1st Floor Slab 12-Jul-11 1.83%



    2nd Floor Slab 27-Jul-11 1.83%



    3rd Floor Slab 11-Aug-11 1.83%



    4th Floor Slab 26-Aug-11 1.83%



    5th Floor Slab 10-Sep-11 1.83%



    6th Floor Slab 25-Sep-11 1.83%



    7th Floor Slab 10-Oct-11 1.83%



    8th Floor Slab 25-Oct-11 1.83%



    9th Floor Slab 9-Nov-11 1.83%



    10th Floor Slab 24-Nov-11 1.83%



    11th Floor Slab 9-Dec-11 1.83%



    12th Floor Slab 24-Dec-11 1.83%



    13th Floor Slab 8-Jan-12 1.83%



    14th Floor Slab 23-Jan-12 1.83%



    15th Floor Slab 7-Feb-12 1.83%



    16th Floor Slab 22-Feb-12 1.83%



    17th Floor Slab 8-Mar-12 1.83%



    18th Floor Slab 23-Mar-12 1.83%



    19th Floor Slab 7-Apr-12 1.83%



    20th Floor Slab 22-Apr-12 1.83%



    21st Floor Slab 7-May-12 1.83%



    22nd Floor Slab 22-May-12 1.83%



    23rd Floor Slab 6-Jun-12 1.83%



    24th Floor Slab 21-Jun-12 1.83%



    25th Floor Slab 6-Jul-12 1.83%



    26th Floor Slab 21-Jul-12 1.83%



    27th Floor Slab 5-Aug-12 1.83%



    28th Floor Slab 20-Aug-12 1.83%



    29th Floor Slab 4-Sep-12 1.83%



    30th Floor Slab 19-Sep-12 1.83%



    Possession + 5% + Other Charges
    Other Charges



    Total 100.00%

    One can expect possession of all ph#1 bldgs just before the end of Yr'12 if they do not deviate from the above schedule :)

    cheers
    B
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