Announcement

Collapse
No announcement yet.

Runwal Pearl, Runwal Group, Thane, Mumbai

Collapse
X
Collapse

Runwal Pearl, Runwal Group, Thane, Mumbai

Last updated: May 3 2020
161 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

    I have email from RUNWAL PEARL E WING ,
    Tower E ( 4 th slab complete )
    Floor 3
    Area 1030
    Flat No. 305
    Type 2 BHK
    Consideration Amount 9410530
    Stamp Duty 564632
    Registration Charges 36000
    Total Stamp duty and reg. charges 600632
    MVAT 1% (approx) 94105
    SERVICE TAX 290785
    Society charges & Other charges (approx) 500000
    Service tax 12.36% (Approx) 61800
    GRAND TOTAL 10957852

    Builder asking for 40 % downpayment , as already 4 th slab complete .
    i AM LOOKING AS LONG TERM INVESTMENT.
    hOW MUCH CHANCES OF APPRECIATION IS THERE , AFTER 5 - 7 YEARS ?Please reply .

    Comment


    • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

      Originally posted by mydoc1 View Post
      I have email from RUNWAL PEARL E WING ,
      Tower E ( 4 th slab complete )
      Floor 3
      Area 1030
      Flat No. 305
      Type 2 BHK
      Consideration Amount 9410530
      Stamp Duty 564632
      Registration Charges 36000
      Total Stamp duty and reg. charges 600632
      MVAT 1% (approx) 94105
      SERVICE TAX 290785
      Society charges & Other charges (approx) 500000
      Service tax 12.36% (Approx) 61800
      GRAND TOTAL 10957852

      Builder asking for 40 % downpayment , as already 4 th slab complete .
      i AM LOOKING AS LONG TERM INVESTMENT.
      hOW MUCH CHANCES OF APPRECIATION IS THERE , AFTER 5 - 7 YEARS ?Please reply .
      2BHK all inclusive ready possession (0-5yr old) is available for 1cr all incl (higher floors) across Thane in resale in Cosmos, greens, everest, Lodha paradise....

      If u don't believe me, contact couple of local brokers, u will get the reality....

      Why will anyone pay 40%, start pre-emi, and wait 3-5yr for the same, the builder will anyways take 30% more payment within a year (CLP are designed such cleverly) and then possession in 2yr more.....

      The extra interest u pay after 1year (assuming 70% payment complete) can be easily offset by rental income, only first year will be little extra on pocket, but worth it...

      Comment


      • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

        thank you for the insight .
        Actually I am looking to invest in realty , for long term as investment . Need time to pay , hence under constructiion projects . looking for location with potential of good returns in 5-10 years time . Can you short list some good projects in thane / mulund / chembur . How about Ulwe ?

        Comment


        • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

          Why dont you see Pune as an option ?? There are lots of places in Pune which might give you good returns .. Honestly speaking if one feels they will triple their money in 5-7 years in real estate might be in for a rude shock .. So if your holding period is this long then see Pune also .. Thane can double your money in this time frame but I highly doubt other areas of Bombay will give you much better returns ..

          I personally feel whole of Navi Mumbai belt has already seen a massive up move because of the airport story .. I really dont have any faith in that belt at all .. I would not put money at all in this location ... Chembur is another good location you have chosen and this can come up massively because of all the infra they are getting .. See godrej project or you will find many more projects in this location ..

          Comment


          • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

            Appreciate your inputs . Can you shortlist some projects in Thane and Chembur which are underconstruction .

            Comment


            • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

              They have launched a new tower A (conch). I have booked 2bhk. Anyone else booked? ?

              Comment


              • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

                Originally posted by gaurang View Post
                Why dont you see Pune as an option ?? There are lots of places in Pune which might give you good returns .. Honestly speaking if one feels they will triple their money in 5-7 years in real estate might be in for a rude shock .. So if your holding period is this long then see Pune also .. Thane can double your money in this time frame but I highly doubt other areas of Bombay will give you much better returns ..

                I personally feel whole of Navi Mumbai belt has already seen a massive up move because of the airport story .. I really dont have any faith in that belt at all .. I would not put money at all in this location ... Chembur is another good location you have chosen and this can come up massively because of all the infra they are getting .. See godrej project or you will find many more projects in this location ..
                Thane godhbunder road has more then 2500 flats ready since last 1 year but for some strange reason there is no possession. Another 2000 flats supply is coming in next 12 months and couple of new projects are launched. Builders have also raised prices by 60% in last 4 years (without any real possessions) I fail to see how prices are going to triple in 5-7 years.

                If you don't trust me just take a good round of Godhbunder roads to see empty ready buildings.

                Comment


                • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

                  What should be expected from GB road projects from investment perspective? There is potential to invest in GB road but what should be expected from rental and capital appreciation perspective?

                  Comment


                  • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

                    Booked 2.5 bhk in conch (last building in runwal pearl). Liked the open spaces provided. Possession in dec 2017

                    Comment


                    • Re : Runwal Pearl, Runwal Group, Thane, Mumbai

                      Hi Anup, can you pm me your mail id or contact no. I have booked a 2bhk there. Guess there are very few in this forum who booked there.
                      Btw they have renamed conch to dorris, work is progressing well though.

                      Comment

                      Have any questions or thoughts about this?
                      Working...
                      X