Mumbai - Real Estate Market

Mumbai - Real Estate Market

Score: 4 Votes: 4
Score: 4 Votes: 4
Score: 4 Votes: 4
Score: 4 Votes: 4
Missing
Deal Cadet
0
173
770
53

Mumbai – Real Estate Market

Mumbai members what is the current scenario in the Mumbai Real Estate Market. Is it stagnant for outright purchase / sales.

The brokers are not giving the right advice. For some Areas / buildings and flats they quote extremely high rates. Even on the internet high rates are being quoted. Whats the realistic prices per sq feet for ANDHERI WEST TO BORIVALI WEST AREA

If the area is well developed and has all facilities like food shops / banks / stores like DMart Croma do they have value for that area for the residential flats on outright purchase…
smile

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Kkkkkk
Deal Captain
27
58
7426
56

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai smile

You should invest in the developing real estate markets, rather investing in Mumbai or Bangalore.

First priority >> Udaipur City

Why Udaipur ???
See i am not recommending only on historical increase in prices, rather i have been tracking this market since 2008 when i was just 14-15 years old. Udaipur is best, because Investors have lot of money here, Mewadi(People live here) people have huge surplus lying either in bank accounts or black money. They have 5-10 plots, they are investing majorly in real estate only so this way they have created very high demand and they never sell their land/investment for losses because they have huge surpluses or emergency fund.

Other Reasons:
Udaipur is tourist place.
Malls bhi ban rahi hi…..
Prices are cheap now compared to Mumbai.
Udaipur was ranked No.1 worldwide in 2009 by Travel and Leisure magazine

http://timesofindia.indiatimes.com/city/jaipur/...
http://grabhouse.com/urbancocktail/top-18-reaso...

Now come to prices,

See the area where we are living as of now, price for 1000 Sq feet was
Rs.11 lakhs in 2011
and now in 2016 it is Rs.32 lakhs
200 metre par Udaipur ki best mall hai (Celebration Mall) iss area mein, and in last 3-4 years developers from Mumbai and Delhi are heavily investing here, pehla udaipur mein Apartment(Flats) bilkul nahi tha, but 3-4 years mein developers from outside have made completed at least 10 projects only in this area(Bhuwana) and 5-6 more projects are ongoing as of now……

Even other areas of Udaipur are damn good, you won’t believe but when i came to Udaipur the prices were Rs. 1 lakh for 1250 sq feet in Hiran Magri where i lived earlier and as of now prices are Rs.70 lakhs for the same land, boom boom boom…..

The trend is still in the same direction, 5-7 years tak to yahi chalega in Udaipur…..
Price appreciation would be very high in Udaipur as compared to any other city because this city has just started developing and i think IT CITY bhi ban jayegi Rajasthan mein (either Jaipur or Udaipur), Udaipur mein IIM bhi aa gaya hai 4-6 years back…….

Soch lena bhai, phir matt bolna, loot deal kisi ne nahi batayi toungueout

Udaipur ka weather bhi best hai, issi liye Udaipur is also known as Kashmir of Rajasthan and Venice of the East…
Udaipur is famous for tourist places, furniture and marble…..
Last thing, Udaipur ke log bada hi down to earth and humble log hain, Koi bhi kam karana ho, ho jata ha easily……

Some more facts::
Rajasthan Home minister reside in Udaipur,
Smart City project mein bhi hai….

NOTE: If someone knows better option available, please do share, i only shared the story with which i am familiar and shared my opinion, there could be thousands of emerging markets, have listened good about Gurgaon also, 1 crore investment turning 5 crores in one year biggrin

Draw
Deal Colonel
10
1,179
51982
1042

@Navneet

Kyon publicity kar rahe ho ?
Let our Udaipur be remain peaceful.

Missing
Deal Cadet
0
173
770
53

thanks for the information about Udaipur…

but but but… i wanted the real information about mumbai since here though the prices are up, the brokers are not helpful in getting the right price while selling…. if i enquire about the purchase price they show high rates on all web portals. but when i ask about selling they say price being quoted is high ie from my side
cry

Kkkkkk
Deal Captain
27
58
7426
56
@biggmaster wrote:

thanks for the information about Udaipur…

but but but… i wanted the real information about mumbai since here though the prices are up, the brokers are not helpful in getting the right price while selling…. if i enquire about the purchase price they show high rates on all web portals. but when i ask about selling they say price being quoted is high ie from my side
cry


They earn the price difference and on the % of sale price, they will always quote higher and this is common….
Ignore brokers and route the other way possible to get lower prices smile

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Successful
Deal Subedar
4
49
1906
47
@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai smile

You should invest in the developing real estate markets, rather investing in Mumbai or Bangalore.

First priority >> Udaipur City

Why Udaipur ???
See i am not recommending only on historical increase in prices, rather i have been tracking this market since 2008 when i was just 14-15 years old. Udaipur is best, because Investors have lot of money here, Mewadi(People live here) people have huge surplus lying either in bank accounts or black money. They have 5-10 plots, they are investing majorly in real estate only so this way they have created very high demand and they never sell their land/investment for losses because they have huge surpluses or emergency fund.

Other Reasons:
Udaipur is tourist place.
Malls bhi ban rahi hi…..
Prices are cheap now compared to Mumbai.
Udaipur was ranked No.1 worldwide in 2009 by Travel and Leisure magazine

http://timesofindia.indiatimes.com/city/jaipur/...
http://grabhouse.com/urbancocktail/top-18-reaso...

Now come to prices,

See the area where we are living as of now, price for 1000 Sq feet was
Rs.11 lakhs in 2011
and now in 2016 it is Rs.32 lakhs

200 metre par Udaipur ki best mall hai (Celebration Mall) iss area mein, and in last 3-4 years developers from Mumbai and Delhi are heavily investing here, pehla udaipur mein Apartment(Flats) bilkul nahi tha, but 3-4 years mein developers from outside have made completed at least 10 projects only in this area(Bhuwana) and 5-6 more projects are ongoing as of now……

Even other areas of Udaipur are damn good, you won’t believe but when i came to Udaipur the prices were Rs. 1 lakh for 1250 sq feet in Hiran Magri where i lived earlier and as of now prices are Rs.70 lakhs for the same land, boom boom boom…..

The trend is still in the same direction, 5-7 years tak to yahi chalega in Udaipur…..
Price appreciation would be very high in Udaipur as compared to any other city because this city has just started developing and i think IT CITY bhi ban jayegi Rajasthan mein (either Jaipur or Udaipur), Udaipur mein IIM bhi aa gaya hai 4-6 years back…….

Soch lena bhai, phir matt bolna, loot deal kisi ne nahi batayi toungueout

Udaipur ka weather bhi best hai, issi liye Udaipur is also known as Kashmir of Rajasthan and Venice of the East…
Udaipur is famous for tourist places, furniture and marble…..
Last thing, Udaipur ke log bada hi down to earth and humble log hain, Koi bhi kam karana ho, ho jata ha easily……

Some more facts::
Rajasthan Home minister reside in Udaipur,
Smart City project mein bhi hai….

NOTE: If someone knows better option available, please do share, i only shared the story with which i am familiar and shared my opinion, there could be thousands of emerging markets, have listened good about Gurgaon also, 1 crore investment turning 5 crores in one year biggrin


sir 32 lakhs mein 111 sq yards almost like delhi (some area of west and south delhi flat only and not land) So, why someone will go to udaipur when they can get a flat at 30 – 35 lakhs and even land in some area at 8000/sq yard

Kkkkkk
Deal Captain
27
58
7426
56
@mdeal001 wrote:

@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai smile

You should invest in the developing real estate markets, rather investing in Mumbai or Bangalore.

First priority >> Udaipur City

Why Udaipur ???
See i am not recommending only on historical increase in prices, rather i have been tracking this market since 2008 when i was just 14-15 years old. Udaipur is best, because Investors have lot of money here, Mewadi(People live here) people have huge surplus lying either in bank accounts or black money. They have 5-10 plots, they are investing majorly in real estate only so this way they have created very high demand and they never sell their land/investment for losses because they have huge surpluses or emergency fund.

Other Reasons:
Udaipur is tourist place.
Malls bhi ban rahi hi…..
Prices are cheap now compared to Mumbai.
Udaipur was ranked No.1 worldwide in 2009 by Travel and Leisure magazine

http://timesofindia.indiatimes.com/city/jaipur/...
http://grabhouse.com/urbancocktail/top-18-reaso...

Now come to prices,

See the area where we are living as of now, price for 1000 Sq feet was
Rs.11 lakhs in 2011
and now in 2016 it is Rs.32 lakhs

200 metre par Udaipur ki best mall hai (Celebration Mall) iss area mein, and in last 3-4 years developers from Mumbai and Delhi are heavily investing here, pehla udaipur mein Apartment(Flats) bilkul nahi tha, but 3-4 years mein developers from outside have made completed at least 10 projects only in this area(Bhuwana) and 5-6 more projects are ongoing as of now……

Even other areas of Udaipur are damn good, you won’t believe but when i came to Udaipur the prices were Rs. 1 lakh for 1250 sq feet in Hiran Magri where i lived earlier and as of now prices are Rs.70 lakhs for the same land, boom boom boom…..

The trend is still in the same direction, 5-7 years tak to yahi chalega in Udaipur…..
Price appreciation would be very high in Udaipur as compared to any other city because this city has just started developing and i think IT CITY bhi ban jayegi Rajasthan mein (either Jaipur or Udaipur), Udaipur mein IIM bhi aa gaya hai 4-6 years back…….

Soch lena bhai, phir matt bolna, loot deal kisi ne nahi batayi toungueout

Udaipur ka weather bhi best hai, issi liye Udaipur is also known as Kashmir of Rajasthan and Venice of the East…
Udaipur is famous for tourist places, furniture and marble…..
Last thing, Udaipur ke log bada hi down to earth and humble log hain, Koi bhi kam karana ho, ho jata ha easily……

Some more facts::
Rajasthan Home minister reside in Udaipur,
Smart City project mein bhi hai….

NOTE: If someone knows better option available, please do share, i only shared the story with which i am familiar and shared my opinion, there could be thousands of emerging markets, have listened good about Gurgaon also, 1 crore investment turning 5 crores in one year biggrin


sir 32 lakhs mein 111 sq yards almost like delhi (some area of west and south delhi flat only and not land) So, why someone will go to udaipur when they can get a flat at 30 – 35 lakhs and even land in some area at 8000/sq yard


I only said for investment if you have ton of surplus lying, i know about Delhi, Gurgaon, Rajasthan , Pune and Mumbai, still i would rank Udaipur at No.1.

Udaipur mein Rs.100/sq. feet bhi milti hai wink
Recently one of my neighbor bought 10,000 sq feet @ Rs.100 for Hotel…..
Investment jitni diverse ho utni better hai, ek hi city mein invest karna, bahut risky hai smile

Missing
Deal Lieutenant
9
441
3050
72
@Navneet wrote:

@biggmaster wrote:

thanks for the information about Udaipur…

but but but… i wanted the real information about mumbai since here though the prices are up, the brokers are not helpful in getting the right price while selling…. if i enquire about the purchase price they show high rates on all web portals. but when i ask about selling they say price being quoted is high ie from my side
cry


They earn the price difference and on the % of sale price, they will always quote higher and this is common….
Ignore brokers and route the other way possible to get lower prices smile


whats the other route???

Missing
Deal Cadet
0
173
770
53

even i want to know how to get the best price – buying or selling without any brokers involved
smile

Missing
Deal Cadet
0
173
770
53

Is the Mumbai real estate really down

Draw
Deal Colonel
10
1,179
51982
1042
@biggmaster wrote:

Is the Mumbai real estate really down


What’s your study ?

1BHK MIN 50 Lacs required.

Shutterstock 1013504321
Deal Subedar
2
6
2598
25
@Navneet wrote:

@mdeal001 wrote:

@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai smile

You should invest in the developing real estate markets, rather investing in Mumbai or Bangalore.

First priority >> Udaipur City

Why Udaipur ???
See i am not recommending only on historical increase in prices, rather i have been tracking this market since 2008 when i was just 14-15 years old. Udaipur is best, because Investors have lot of money here, Mewadi(People live here) people have huge surplus lying either in bank accounts or black money. They have 5-10 plots, they are investing majorly in real estate only so this way they have created very high demand and they never sell their land/investment for losses because they have huge surpluses or emergency fund.

Other Reasons:
Udaipur is tourist place.
Malls bhi ban rahi hi…..
Prices are cheap now compared to Mumbai.
Udaipur was ranked No.1 worldwide in 2009 by Travel and Leisure magazine

http://timesofindia.indiatimes.com/city/jaipur/...
http://grabhouse.com/urbancocktail/top-18-reaso...

Now come to prices,

See the area where we are living as of now, price for 1000 Sq feet was
Rs.11 lakhs in 2011
and now in 2016 it is Rs.32 lakhs

200 metre par Udaipur ki best mall hai (Celebration Mall) iss area mein, and in last 3-4 years developers from Mumbai and Delhi are heavily investing here, pehla udaipur mein Apartment(Flats) bilkul nahi tha, but 3-4 years mein developers from outside have made completed at least 10 projects only in this area(Bhuwana) and 5-6 more projects are ongoing as of now……

Even other areas of Udaipur are damn good, you won’t believe but when i came to Udaipur the prices were Rs. 1 lakh for 1250 sq feet in Hiran Magri where i lived earlier and as of now prices are Rs.70 lakhs for the same land, boom boom boom…..

The trend is still in the same direction, 5-7 years tak to yahi chalega in Udaipur…..
Price appreciation would be very high in Udaipur as compared to any other city because this city has just started developing and i think IT CITY bhi ban jayegi Rajasthan mein (either Jaipur or Udaipur), Udaipur mein IIM bhi aa gaya hai 4-6 years back…….

Soch lena bhai, phir matt bolna, loot deal kisi ne nahi batayi toungueout

Udaipur ka weather bhi best hai, issi liye Udaipur is also known as Kashmir of Rajasthan and Venice of the East…
Udaipur is famous for tourist places, furniture and marble…..
Last thing, Udaipur ke log bada hi down to earth and humble log hain, Koi bhi kam karana ho, ho jata ha easily……

Some more facts::
Rajasthan Home minister reside in Udaipur,
Smart City project mein bhi hai….

NOTE: If someone knows better option available, please do share, i only shared the story with which i am familiar and shared my opinion, there could be thousands of emerging markets, have listened good about Gurgaon also, 1 crore investment turning 5 crores in one year biggrin


sir 32 lakhs mein 111 sq yards almost like delhi (some area of west and south delhi flat only and not land) So, why someone will go to udaipur when they can get a flat at 30 – 35 lakhs and even land in some area at 8000/sq yard


I only said for investment if you have ton of surplus lying, i know about Delhi, Gurgaon, Rajasthan , Pune and Mumbai, still i would rank Udaipur at No.1.

Udaipur mein Rs.100/sq. feet bhi milti hai wink
Recently one of my neighbor bought 10,000 sq feet @ Rs.100 for Hotel…..
Investment jitni diverse ho utni better hai, ek hi city mein invest karna, bahut risky hai smile


100 rs sq feet UIT udaipur allot kar rahi h kya ? hume bhi deilva do ek plot commercially

Images %281%29
Entertainer
8
0
23510
223

@blue wine 6 ft× 2 ft commercial jagah mere liye bhi.

Missing
Deal Lieutenant
9
441
3050
72

the reality is totally different at the ground level now in MUMBAI….too less buyers… over priced resale flats… new constructions lot of issues

brokers dont quote proper prices…
evil

Missing
Deal Cadet
0
69
182
6

Average 80L to 2cr for 1000 square feet actually it’s Also depends on tower and locality

Shutterstock 1013504321
Deal Subedar
2
6
2598
25
@Alpha.Barood wrote:

@biggmaster wrote:

Is the Mumbai real estate really down


What’s your study ?

1BHK MIN 50 Lacs required.


Gauv m le lo 50 Lakh m 5 Bigha aa Jayega toungueout

Manpasand construction karna khuli hava pani lena

You never have to buy mask

aane jane ke liye Scropio le lena toungueout

You can plan after retirement 2

Missing
Deal Newbie
0
50
20
0
@mdeal001 wrote:


@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai smile


You should invest in the developing real estate markets, rather investing in Mumbai or Bangalore.

First priority >> Udaipur City

Why Udaipur ???
See i am not recommending only on historical increase in prices, rather i have been tracking this market since 2008 when i was just 14-15 years old. Udaipur is best, because Investors have lot of money here, Mewadi(People live here) people have huge surplus lying either in bank accounts or black money. They have 5-10 plots, they are investing majorly in real estate only so this way they have created very high demand and they never sell their land/investment for losses because they have huge surpluses or emergency fund.

Other Reasons:
Udaipur is tourist place.
Malls bhi ban rahi hi…..
Prices are cheap now compared to Mumbai.
Udaipur was ranked No.1 worldwide in 2009 by Travel and Leisure magazine

http://timesofindia.indiatimes.com/city/jaipur/...
http://grabhouse.com/urbancocktail/top-18-reaso...

Now come to prices,

See the area where we are living as of now, price for 1000 Sq feet was
Rs.11 lakhs in 2011
and now in 2016 it is Rs.32 lakhs

200 metre par Udaipur ki best mall hai (Celebration Mall) iss area mein, and in last 3-4 years developers from Mumbai and Delhi are heavily investing here, pehla udaipur mein Apartment(Flats) bilkul nahi tha, but 3-4 years mein developers from outside have made completed at least 10 projects only in this area(Bhuwana) and 5-6 more projects are ongoing as of now……

Even other areas of Udaipur are damn good, you won’t believe but when i came to Udaipur the prices were Rs. 1 lakh for 1250 sq feet in Hiran Magri where i lived earlier and as of now prices are Rs.70 lakhs for the same land, boom boom boom…..

The trend is still in the same direction, 5-7 years tak to yahi chalega in Udaipur…..
Price appreciation would be very high in Udaipur as compared to any other city because this city has just started developing and i think IT CITY bhi ban jayegi Rajasthan mein (either Jaipur or Udaipur), Udaipur mein IIM bhi aa gaya hai 4-6 years back…….

Soch lena bhai, phir matt bolna, loot deal kisi ne nahi batayi toungueout

Udaipur ka weather bhi best hai, issi liye Udaipur is also known as Kashmir of Rajasthan and Venice of the East…
Udaipur is famous for tourist places, furniture and marble…..
Last thing, Udaipur ke log bada hi down to earth and humble log hain, Koi bhi kam karana ho, ho jata ha easily……

Some more facts::
Rajasthan Home minister reside in Udaipur,
Smart City project mein bhi hai….

NOTE: If someone knows better option available, please do share, i only shared the story with which i am familiar and shared my opinion, there could be thousands of emerging markets, have listened good about Gurgaon also, 1 crore investment turning 5 crores in one year biggrin


sir 32 lakhs mein 111 sq yards almost like delhi (some area of west and south delhi flat only and not land) So, why someone will go to udaipur when they can get a flat at 30 – 35 lakhs and even land in some area at 8000/sq yard

Kachchi colony

Missing
Deal Lieutenant
9
441
3050
72
@kazi hashir wrote:

Average 80L to 2cr for 1000 square feet actually it’s Also depends on tower and locality


from malad to borivali western side for 2bhk rates are even above 2 Cr for some buildings and locality…
evil

Missing
Deal Lieutenant
9
441
3050
72

which website is best for getting the right rate for property – 99acres, magicbricks, nobroker, or any other

also any website which gives a longer duration to post the advts…

any one who used any of these real estate web portals

Missing
Deal Cadet
0
69
182
6
@desidude2013 wrote:


@kazi hashir wrote:

Average 80L to 2cr for 1000 square feet actually it’s Also depends on tower and locality


from malad to borivali western side for 2bhk rates are even above 2 Cr for some buildings and locality…
evil

Yes bro so my suggestion to invest in mira road one of the fastest growing area in whole Mumbai + Thane in 10 year Price increase 6 times of original value…

Missing
Deal Lieutenant
9
441
3050
72
@kazi hashir wrote:

@desidude2013 wrote:


@kazi hashir wrote:

Average 80L to 2cr for 1000 square feet actually it’s Also depends on tower and locality


from malad to borivali western side for 2bhk rates are even above 2 Cr for some buildings and locality…
evil

Yes bro so my suggestion to invest in mira road one of the fastest growing area in whole Mumbai + Thane in 10 year Price increase 6 times of original value…

eek
dont want to go so far….

Successful
Deal Subedar
4
49
1906
47

in registered colony as well.

Missing
Deal Cadet
0
77
740
6

Real estate prices are bound to decrease. Just watch next 6 months.

Missing