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Property Valuation: What is better Thane or Navi Mumbai

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    • Answers: 8
    • Joined: Oct 27th 2007
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    Can you please suggest where to invest is better " Thane" or "Navi Mumbai" in terms reselling,
    I have seen lots of big builders coming up in Thane, instead of Navi Mumbai?
    On the contrary there is more new of developement in Navi Mumbai ....

    Can you suggest
    • CommentAuthorumkr
    • CommentTimeOct 31st 2007
     
    • Answers: 3
    • Joined: Oct 24th 2007
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    You are better advised not to invest in property for speculative gain at any place in Mumbai or Navi Mumbai. There is hardly any development in terms of basic infrastrucure during the last 2-3 years in Navi Mumbai. Ask a common man residing in Kharghar and who does not own a vehicle. How difficult it is there to travel for daily travels. There is hardly any easy and suitable public transport there. Railway station is far from there and mostly there is no meter system followed by autos. Except some good roads and lights, it is really difficult to live there. Do not get traped in the hype created by certain vested interests. Property valuations are extremely high in all locations in Navi Mumbai. If you want to make money with equal risk, do invest in stocks and MFs. They will provide you much more liquidity and safety than investing in properties. Do not forget, property market is still unorganised a lot and you have to deal and face so many hurdles in getting satisfied that you are buying a legitimate property. And remember the stress in maintaining a property and gradual degradation in quality and valuation over a period of time. Properties yield profits only during short periods and that also during extremely hyped scenerio. Unfortunately, the party is now nearing end for the speculators and short term investors. Please remeber, profit is only when you can realise it at will. When the market is devoid of actual buyers, only big builders will be able to survive due to their strength, but small builders and individual speculators and investors who are not from this field will perish. You will have no way to come out without a loss. I mean, no gain over a period of time is also a loss.
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      CommentAuthorvikram
    • CommentTimeNov 4th 2007
     
    • Answers: 104
    • Joined: Jun 20th 2007
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    I partially agree with "Umkr", on the investment perspective NaviMumbai saw a huge rise in the property price which almost got doubled last year.
    Infrastructure development is slow in NaviMumbai but it is better than Thane, also the proposed 250 acres Central Park, airport and array of 5 star hotels will shoot up the price once again. Once the constructions starts for airport, all the other infrastructure developments will soon see momentum.
    • CommentAuthordeva1
    • CommentTimeDec 24th 2007
     
    • Answers: 1
    • Joined: Dec 24th 2007
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    Do not invest in shares or mutual funds.where is Harshad mehta or ketan parikh?all are for some months to stay in share market.but who is who invested in property any where in india are happynow.so invest any where in property,it is thane or navi mumbai or pune,sholapur,kolhapur,nagpur,any where,you will be in profit after some years.
    • CommentAuthorsapphire
    • CommentTimeJun 12th 2008
     
    • Answers: 5
    • Joined: Jun 12th 2008
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    hiiiiii
    • CommentAuthorsapphire
    • CommentTimeJun 12th 2008
     
    • Answers: 5
    • Joined: Jun 12th 2008
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    property rates r always increased only and yes it is not actually a gambling wat people do in shares .even though if proerty wont give u profit ur capital will surely be safe .........
    • CommentAuthorsapphire
    • CommentTimeJun 12th 2008
     
    • Answers: 5
    • Joined: Jun 12th 2008
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    kharghar leads as i have recently taken 3 flats in kharghar sec 19 wid a price tag of 2500 sq ft .
    • CommentAuthorsapphire
    • CommentTimeJun 12th 2008
     
    • Answers: 5
    • Joined: Jun 12th 2008
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    my email id obhan_rohan@yahoo.co.in
    i m intrested in one commercial shop and even one flat

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