Hiranandani Panvel will be launching by next week at the rate of Rs 3600 psf on [super]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.
Hello Mr G.S Prabhu
I tried telling the sales guys there at HIRCO about Mr Vilas Rao Deshmukh's declaration and that the sale should be on the Floor Space area. To that they replied that in that case the Per Sq Foot price would go up to Rs 5000 instead of Rs 3600.
What do you say to that?
We are designing our new 280-acre Hiranandani Palace Gardens residential township in Panvel to be one of the foremost communities in Mumbai and the country.
Palace Gardens will feature primary and secondary schools; healthcare facilities; a hospital; community, sports, and entertainment centres; high-quality shopping facilities; a bus terminal; and parking sufficient for its population.
The preliminary master plan for Palace Gardens calls for 16.5 million square feet of residential space – a mix of flats designed to capture the increasing pent-up demand for these types of residences.
The large acreage allows for attractive, large open spaces with park-like settings and pedestrian corridors, offering a premium lifestyle at affordable prices.
In line with Hiranandani’s sustainable building philosophy, Hirco’s Panvel township will have a backup power substation, and its own water storage and wastewater treatment facilities.
it is very very expensive for Panvel, but it is our mistake that we encourage the builders to sell it at higher rate. If there are no buyers then seller will come down to the correct price and government should also curb on the price increase but introducing some strict laws.
All of Hirannandani's properties are high priced it seemed. The new one coming up at Chembur has been priced at 13,000 psf + parking etc. A 2BHK is coming to abt 1.6 cr. It's time they bring the prices down to a reasonable level.