FAQ, Question and Answers, Queries & Reviews of New / Under Construction Projects in Mumbai, Thane & Navi Mumbai



Project: Naman Habitat, Located at Andheri West, by Shree Naman Group

Query: I have heard that Naman Habitat is offering a subvention scheme can you help me with the detail of how it works?

Asked by Sharad Dadwani on 23 Jan 17 -- Answer this
Answer: The Subvention Scheme for Naman Habitat is funded by India Bulls Finance. Pay only 5% now and stamp Duty registration and the remaining 85% will be funded by the bank and the builder will pay the interest till possession, approx 18 months.If the builder delays the builder will bear interest till it handover possession. Another 5% payable by you on completion of tiling. 5% on intimation of possession.
(Answered by Mumbai Property Exchange on 24 Jan 2017)

Project: Naman Habitat, Located at Andheri West, by Shree Naman Group

Query: Is the Naman Habitat project on a lease hold or free hold land parcel?

Asked by Sharad Dawani on 27 Jan 16 -- Answer this
Answer: The land parcel of Naman Habitat is Free Hold.
(Answered by Mumbai Property Exchange on 28 Jan 2016)

Project: SD Corp Lumiere, Located at Andheri West, by S D Corporation Pvt. Ltd.

Query: Are there any 2 BHK flats available in SD Corp Lumiere.?

Asked by Bhavna Raut on 27 Oct 16 -- Answer this
Answer: All the 2 BHK flats at SD Corp Lumiere are sold out but they have some 3 BHK flats left so please let us know incase you are interested.
(Answered by Mumbai Property Exchange on 28 Oct 2016)

Project: SD Corp Lumiere, Located at Andheri West, by S D Corporation Pvt. Ltd.

Query: Is SD Corp Lumiere at Andheri West a SRA project.?

Asked by Pulkit Agrawal on 30 Oct 14 -- Answer this
Answer: SD Corp Lumiere is a redevelopment project and not a SRA project. This is the SVP Nagar redevelopment of MHADA.The whole area is full of 97 odd societies of which a certain number have been bought out by SD Corp.
(Answered by Mumbai Property Exchange on 31 Oct 2014)

Project: Celestia Spaces, Located at Sewri, by Peninsula Land Ltd

Query: What is your opinion on the scope of future appreciation of Celestia Spaces?

Asked by Bhagat Singh on 28 Sep 16 -- Answer this
Answer: Given the development of the Sewri Nhava Sheva Mumbai Trans Harbour Link, Phase 2 of Monorail (with close proximity of Bhakti Park Station) and redevelopment of MbPT, the project should command significant premium in the coming months. This is particularly imminent due to the freehold nature of the plot and absence of tall structures on the front side of Celestia Spaces I can imagine price appreciations similar to escalations in the landmark Ashok Gardens (which incidentally shares a common wall).
(Answered by Mumbai Property Exchange on 29 Sep 2016)

Project: Celestia Spaces, Located at Sewri, by Peninsula Land Ltd

Query: Is the plot of Celestia Spaces freehold or leasehold?

Asked by Ankit Handa on 19 Apr 16 -- Answer this
Answer: The entire 18 care land parcel on which Celestia Spaces (5 acres) is coming up is Free Hold land.
(Answered by Mumbai Property Exchange on 20 Apr 2016)

Project: Avant Heritage, Located at Jogeshwari, by Avant Group

Query: Can you help me with the realistic date of possession for Avant Heritage.?

Asked by Mona Kakad on 23 Jan 17 -- Answer this
Answer: 14th slab has already been completed at Avant Heritage and they are going to be giving soft possession in December 2017.
(Answered by Mumbai Property Exchange on 24 Jan 2017)

Project: Avant Heritage, Located at Jogeshwari, by Avant Group

Query: Are the approvals in place for Avant Heritage?

Asked by Nikhil Pratap on 14 Sep 16 -- Answer this
Answer: All the required permissions like IOD and CC are in place and construction is on full swing at Avant Heritage
(Answered by Mumbai Property Exchange on 15 Sep 2016)

Project: Wadhwa Atmosphere, Located at Mulund West, by The Wadhwa Group

Query: I believe the 2nd phase of Wadhwa Atmosphere is being launched?

Asked by Sameera kataria on 02 Jan 17 -- Answer this
Answer: The 2nd phase of Wadhwa Atmosphere will be supposedly launched around Diwali once all the approvals are in place.
(Answered by Mumbai Property Exchange on 03 Jan 2017)

Project: Wadhwa Atmosphere, Located at Mulund West, by The Wadhwa Group

Query: Should there be any cause for concern since Wadhwa Atmosphere is a JV project between Wadhwa Group,Chandak Group And Man Infrastructure ?

Asked by Bhavesh Agarwal on 09 Mar 16 -- Answer this
Answer: All 3 builders have their part in the project as follows :The Wadhwa Group is taking care of the marketing, planning, architecture and execution ..Man Infrastructure will be building the structure and land belongs to Chandak Group.The construction has already reached upto 30 storeys and is on in full swing.Wadhwa Atmosphere has bank subvention schemes also so that takes care of any doubts you may have as All banks would do all the required due dilligence before funding a project.
(Answered by Mumbai Property Exchange on 10 Mar 2016)
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