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Mumbai - Real Estate Market

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biggmaster

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…
https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Entertainer Entertainer
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अब क्या हाल हैं उदयपुर के

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Shopping Friend Shopping Friend
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@Navneet

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

Deal Cadet Deal Cadet
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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
https://cdn2.desidime.com/assets/textile-editor/icon_cry.gif

Pro Tech Guru Pro Tech Guru
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@B@R_0_0_D wrote:

@Navneet

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


Okay buddy, let it be https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Pro Tech Guru Pro Tech Guru
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@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
https://cdn2.desidime.com/assets/textile-editor/icon_cry.gif


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 https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Deal Subedar Deal Subedar
Link Copied
@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


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

Pro Tech Guru Pro Tech Guru
Link Copied
@mdeal001 wrote:

@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


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 https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif
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 https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Deal Major Deal Major
Link Copied
@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
https://cdn2.desidime.com/assets/textile-editor/icon_cry.gif


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 https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif


whats the other route???

Deal Cadet Deal Cadet
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even i want to know how to get the best price – buying or selling without any brokers involved
https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Deal Cadet Deal Cadet
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Is the Mumbai real estate really down

Shopping Friend Shopping Friend
Link Copied
@biggmaster wrote:

Is the Mumbai real estate really down


What’s your study ?

1BHK MIN 50 Lacs required.

Deal Lieutenant Deal Lieutenant
Link Copied
@Navneet wrote:

@mdeal001 wrote:

@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


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 https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif
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 https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif


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

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

Deal Major Deal Major
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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…
https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

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

Deal Lieutenant Deal Lieutenant
Link Copied
@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 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Manpasand construction karna khuli hava pani lena

You never have to buy mask

aane jane ke liye Scropio le lena https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

You can plan after retirement 2

Deal Cadet Deal Cadet
Link Copied
@mdeal001 wrote:


@Navneet wrote:

Mumbai se bhi best batata huin, 22 years ka huin buddy but mera vision thoda alag hai https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif


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 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


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

Deal Major Deal Major
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@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…
https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

Deal Major Deal Major
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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

Deal Cadet Deal Cadet
Link Copied
@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…
https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

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…

Deal Major Deal Major
Link Copied
@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…
https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

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…

https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif
dont want to go so far….

Deal Subedar Deal Subedar
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in registered colony as well.

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

Deal Major Deal Major
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so whats the latest on the real estate markets – esp Mumbai after demonetization

since cash transactions are banned above 3 lakhs from 1st april 2017 so are the deals happening or still down…

any updates from experts of property market

Deal Major Deal Major
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has the mumbai property market improved or still stagnant for outright sales… whats the current scenario

Entertainer Entertainer
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Ask ur broker

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Entertainer Entertainer
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उन सभी में आधार जमा करवाना पड़ेगा

Deal Major Deal Major
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how has been the Mumbai property market in recent times are the rates same or fallen across the city…. is the payment full white or still black portion is there
https://cdn2.desidime.com/assets/textile-editor/icon_rolleyes.gif

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