Residents Of Flats In Bodakdev For Sale Protest Against Encroachment Of Land

Gone are the days when public land was silently encroached and the public did nothing about it. Recently, something unusual was seen in real estate property in Ahmedabad where everyone came on the streets to protest against public land encroachment. Although earlier, in the past several property Ahmedabad were expanded or built on public land but this time the owners of flats in Bodakdev for sale staged a protest when their public park was encroached by a school.

The owners of flats in Bodakdev for sale from various societies like Goyal Park, Indraprashtha,Pushpraj Bungalows, Galaxy apartments, Samprat Apartments, Prathishtha, etc. are asking answers' from civic officials. The protest in real estate property in Ahmedabad was so intense that civic body officials were forced to come down and give explanations to owners of flats in Bodakdev for sale.

The residents are complaining that their public real estate property in Ahmedabad, which in this case is a garden, is being encroached illegally by the school. The residents demanded concerned authorities to give explanations on why no action was taken in spite of complaints and several reminders. According to the residents, the Ahmedabad Urban Development Authority (Auda) has provided a school with a public park in the residential area, as a goodwill gesture, as the school did not house a playground. There was an understanding that during school hours the schoolchildren would use the park whereas after school hours families and children of nearby areas would play here. Things turned sour, when the school decided to build a concrete wall around this public property Ahmedabad. The approach fumed the residents and approached the civic authorities but when felt that their voice was not being heard they took their protest to the streets. Looking at this several owners of property Ahmedabad also joined this protest that forced civic officials to launch immediate inquiry into the alleged illegal encroachment by the private school.

Real Estate In Chennai Geared Towards Transparency

Real estate in Chennai is an end-user driven market and so many people are asking the question what affect will the demonetization will have on the sector? Most of the transactions that take place in the real estate Chennai happen in the resale market. It is a well-established fact that in resale market the cash component is much more as compared to the primary market. If people will buy Kandigai flats for sale directly through the builders, most of the payment will has to be made through legal routes. However, if Kandigai flats for sale are brought in resale market more than 50% payment was done in cash.  Although the selling price of Kandigai flats for sale is the same in primary and secondary market but the registered value on papers and legal documents is much lesser in case of resale market as people want to save on the tax component, which can sometime be around 20% of the selling price of the property.

It is expected that after the demonetization drive most of the people will mention the actual buying price on legal papers. Sellers in resale market will also prefer to take 100% payment through legal routes. Real estate in Chennai will see greater transparency. The state authorities will be able to increase their tax revenues through real estate Chennai, as people will not register their property at undervalued price. The price gap of in primary and secondary market is likely to be bridged. It is high time that such loopholes are plugged so that there is greater accountability in the real estate Chennai.

In the long run the demand or supply in real estate in Chennai will not be much affected by the demonetization move but deals will definitely be more transparent which will lead to market stability.

People Interested To Buy In Lodha Megastar Thane

People are hugely interested to buy a unit in Lodha Megastar Thane as the project is expected to set new benchmarks in the real estate industry. Although the project will offer many facilities but the starting Lodha Megastar price is just at Rs. 58 lakh, unbelievable isn't it. In the city of Mumbai where people are unable to find their dream home it is difficult to imagine that such a prestigious real estate group is offering a residential unit at such an affordable and competitive price. The discounted starting Lodha Megastar price is being citied as one of the main reasons why so many people had booked their homes on the opening weekend itself.

The project will fulfill lifestyle aspirations of many, as it will host a number of facilities that will allow people to live life fully. Both end-users and investors are keenly looking to buy a unit in starting Lodha Megastar Thane. The investors feel that once the project is complete apart from getting a good capital appreciation they would also be able to earn a good rental income. The starting Lodha Megastar price is making the deal even more attractive for real estate investors.

The end-users are looking to buy a unit here as they are going to enjoy 2-arce private forest, pedestrian free zones and many other facilities that will make living here truly enjoyable and memorable. The fact that best brands have been put to work for development of Lodha Megastar Thane has attracted more eyeballs to the project. Real estate experts are extremely optimistic about the project they feel that in the coming years the project will give good appreciation. Buyers as well as investors have been advised to invest here if they are looking to buy a good property in the Thane region.

Enjoyable Living At Lodha Megastar Mumbai

Living in an integrated self-sustainable township allows one to live life to the fullest. Although buying a home in Lodha Megastar Mumbai is a little expensive but living here has benefits of its own. Lodha Megastar Mumbai brings together the finest internationally acclaimed partners so that all users get nothing but the best. The affordable Lodha Megastar price allows one to live in a utopian and idealistic neighborhood that will soon set new standard in urban living. The housing society will offer 1 BHK, 2 BHK and 3 BHK residences which will be laced with finest fittings. Every residence will offer a majestic view of the garden some residences will also be able to enjoy striking views of Vasai Creek. The full height windows in the residence will provide residents with attractive views and ample ventilation. Lodha Megastar Mumbai will also have high-speed elevators with a speed of 8 feet per second, which will open in elegant lobbies on each floor.

Mumbai is a place where one is unable to escape and traffic and air pollution but this pedestrian friendly development is designed so that you can enjoy finest living. The environmentally conscious project allows one to live natural and healthy as the project aims to reduce the carbon footprint by maximizing natural greens. People who are interested to invest here but are fearing that buying a house here will prove too expensive should not fear as the project is offering units at special Lodha Megastar price. Currently some towers have recently being launched and people can look to book flats in them at discounted Lodha Megastar price. Many investors are currently looking to book units at the special Lodha Megastar price, as they know that as soon as the project will near completion the project will give extremely good returns.

Buyers Of India Property Mumbai Wait For A Price Correction

People are expecting the property rate in Mumbai to come down in the next few months as there is stagnation in the real estate market. People who were planning to buy flats in Vasai for sale and other India property Mumbai believe the prices will become affordable now as there are no buyers in the market. The sellers on the other hand believe that the demonetization will infact stabilize the real estate market. It is expected that home loan rates will come down and it will increase the purchasing power of the common man. If the repo rates are reduced by 1% or 2% there will be a significant difference in the overall EMI. Once repo rate comes down the demand of flats in Vasai for sale and other India property Mumbai will increase sporadically. With the increase in demand it is expected that stagnant property rate in Mumbai will also see an overdue price appreciation. 

Since the last few years the property rate in Mumbai has remained unchanged but the salaries of buyers have been increasing. This means which each passing year the flats in Vasai for sale and other India property Mumbai are becoming more affordable for the end-user. However most of the buyers still feel that Mumbai real estate market is over-priced and they hope that a price a correction will happen soon. Most of the sellers on the other hand believe that it is unlikely that market will see a correction but they also add that if the home loan rates come down in the coming months the end-user will be motivated to invest in even at the existing property rate in Mumbai.

Both buyers and sellers are speculating and making their own assumptions but only time will tell whose assumptions and calculations prove to be accurate and who is going to benefit in the long run.