Property dealings heard/known to you..

Discussion in 'Housing' started by Shanvy, Aug 6, 2010.

  1. Shanvy

    Shanvy IL Hall of Fame

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    Wow... just think about this.. a flat that i sold 2bhk 820 3 years back at 22lacs in the ullagaram-nanganallur area is now being resold at 35lacs..it is 12 year old... nothing much to talk..

    a plot that i missed at 12lacs in 2005 is resold at 1.1crore...and this is why people always throng at the prelaunches..the fear of missing the bus.. that is xxx times profit in 8 years..
     
  2. k11

    k11 Silver IL'ite

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    Oh, you could have kept the flat. These days you do not get anything for 22L. Even construction values have shot up.

    Prices have gone up like crazy in the last 2-3 years.

    I however see a bit of stagnation in the next year or two. But however we have been wrong before too.
    RE is unpredictable.
     
  3. Shanvy

    Shanvy IL Hall of Fame

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    no issues for me..i reivested and the new place also has appreciated well..i have not lost on that.. i moved to a 3bhk..
     
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  4. Princess23

    Princess23 Silver IL'ite

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    Hi Shanvy,

    Could you please help me to buy a flat

    Deccan Estates : Sholinganalur

    1Sqft : 4500. Is it worth buying that???

    since only 1 flat is available

    Please help..
     
  5. Shanvy

    Shanvy IL Hall of Fame

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    no idea if it is worth buying depends on a lot of factors..but it is low lying according to me.. deccan estates does a decent job.
     
  6. Shanvy

    Shanvy IL Hall of Fame

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    this is the recorded highest dealing in residential realities space is my opinion..

    A duplex 3,638 sq ft flat on the seventh and eight floors of the 28-storey sea-facing Samudra Mahal, a prime residential skyscraper at Worli, was sold for र40 crore, or an astounding र1.10 lakh a square foot. The flat's owner, foreign bank Standard Chartered, sold the 4-BHK flat along with two car parks to a senior management executive of Citigroup.
     
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  7. k11

    k11 Silver IL'ite

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    Samudra Mahal is a famous building in Worli. We had records set through previous sales too.

    South Mumbai is expensive area.

    Napean Sea Road routinely clocks 90K per sqft. Marine lines is another sought after area. Many dealings done in part black so it does not come out.

    Office rents at Nariman Point and Cuffe Parade hits 400+rs/sqft a month on average.
    In Chennai, 120-150 is the higher end. RK Salai & Nungambakkam demand high office rents. Guindy is 70-100. Chennai has much lower rents in office space.

    Transformation of BKC area to be the alternate CBD is interesting.

    Pali Hill, had 3-bhk flat in late 97/98 for sub 40-50L now has become high end area and prices have crossed 10-12C.
    Bandra was always famous, now I think 45K/sqft is the price.
     
  8. Princess23

    Princess23 Silver IL'ite

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    Thanks Shanvy,

    Could you please gice an idea about ocean breeze apartments - stone bridge promoters?
     
  9. amoarsh

    amoarsh Bronze IL'ite

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    hi all,
    can anyone update me on pace builders Aagam, in Medavakkam they are quoting 85L for a 3 bhk. the project would be completed in september 2014
    how is the builder and and the project.
    what is the current rate in medavakkam and how is the area.
    Please help me.
    Amoarsh
     
  10. amoarsh

    amoarsh Bronze IL'ite

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    Please help me with pace builders- AAGAM project. how is the property and the place.
    and also the builders .

    please
     

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