dear pals, one of my relative have also got flat in MU-II. yesterday some property dealer called him up and offered 3.5 lakh for his flat on ground floor. so those who have got flats should cheer that they have earned 3.5 lakh atleast.
I think you are somewhat right about the location.
Do you know how much will be the half yearly installment money including 12% interest?
As per my calculation the total cost of flat with ineterst for 7 years @12% will be Rs 1020000
Half yearly installment around 55-57k
Your calculation seems to be correct nitin..... accordning to me it falls to be somewhere below...please find the calculation..
This is for FF,SF,TF:
225600-80000= 145600(this money needs to deposited to the authority within 45 days.
752000-225600=526400(70% Amount need to pay to the authority on half yearly months 14 installments @12% interest)
Half yearly installment is 55,752 Rs. This figure might vary as it would be on reducing balance.
Thanks Shubh...flats are not constructed yet...but as per authority the possession of flats will be given within 2 years from the date of issue of allotment letter.
That means, you will get the allotment letter 3 months from now and from then count 2 years....so consider 3 years from now..
dear Pals, these flts of 30 sq.m will be constructed in campus of 40 sq.m flats which are already constructed. this info was given by property dealer of the area. the tender has already been approved in april 2013 for these flats and as per tender, the builder will have to hanover flats in 18 months to the authority.
Just had a word with the authority official..he said the authority would be dispatching d letters in 10-12 days and frm the date of dispatch of the letter..it would be 45 days to make the paymnt..letters would b sent by spped post
Ye flats abhi bane nhi hai bhai...abhi authority ke paas sirf zameen hai jiska layout approved hua hai 11 january 2013 ko, abhi BHS 16/2013 ka construction start nhi hua hai...
I am waiting if someone can upload the pics to get a glimpse of this area.