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- Are you talking lodha univis
Are you talking about Lodha Univis ?
I ama NRI and I am keeping a eye on this property. I spoke with some agents and also to the lodha people.
They had quoted me around 3600 + Rs 36 floor rise. This rate was at pre launch.
The total cost of the flat was 63,87,272. On first floor. This included all the taxes and misc. expenses.
They are now giving a adv for Rs2997. I think, the rates will come down to Rs2,000 per Sq.feet.
Disclaimer:- This is just my suggestion and I am not a property expert.
I think, we should hold back on any purchase for another 3-4 months.CommentQuote0Flag
property prices are falling only whr they rose too steeply.. for eg the rate at goregaon east is around 6000. but oberoi is currently charging 11000!! even if the rates come down to 8000, the houses are still pretty unaffordable.. media is splashing news about 30ercent rate cuts.. but the fact remains that that much cut is in areas like southmumbai whr builders have come down frm 60000 to 40000.. :PCommentQuote0Flag
- I am sorry, but I don't agree with your statement.
If, there is a downward trend due to economy and thanks to media, common people will expect the rates to cut, irrespective of the location.
I remember, in 2004 the rates at Godbhunder was approx - 1400-1600.
Today, they are asking for 3000-4000? I don't think, that is a right price.
A common man, in Mumbai, travels by train and bus, it takes a long long time for him to reach to Thane station and from there another 1 hour train journey to mumbai CST. Why would he like to burden himself, with such a painful journey?
What is so special, at Godbhunder Road, that they should be charged at 3000-4000? I think, this is because of the Builders and Media, now since, the correction has started, we need to wait and watch to see the prices crash...CommentQuote0Flag