Best real estate deals in your area

What are the chances of real estate prices going further down? Or are they likely to go up in the near future? When will the property market stabilise?

AAAAA asked, Is it good to invest in second home. Considering rental income of 10 K over 30 L investment.

Tushar Bungley answers,  at 2009-02-17 13:53:41For rental income this might not be a good deal.

feroz asked, how long will the property crunch continue

Tushar Bungley answers, This is not very predictable. Depends on the bail out package from the government for the RE sector.

sonia asked, what are the factors to be considered before buying property

Tushar Bungley answers, Purpose of the investment - to stay or as an investment, Location, vicinity, your plans of staying, builder, who are next door, etc are some factors which you should look for

rb asked, what is the prevailing sq feet rate for an apartment in thiruvanmiyur chennai?|

Tushar Bungley answers, The price here is around 6700 - 10000 Rs/ sqft depending the on builder, location, amenities, etc

nike asked, Is it a good option to invest now in real estate??

Tushar Bungley answers, Taking into consideration the bad market situation for real estate, buyers can take advantage of the the lower prices and invest.

kjoseph asked, what is the price trend in Bangalore North (yelahanka) ? Will it rise in near future

Tushar Bungley answers, The prices in Yelahanka have gone down drastically. This would be a right time to invest with good ROI in 3 - 5 years.

RANA2 asked, IS IT RIGHT TIME TO INVEST FOR 2ND HOME IN NEW PANVEL AND NEW MUMBAI AREA.? AND AT WHAT WILL BE BEST PRICE

Tushar Bungley answers, Panvel price is around 1300 - 1500 Rs/ sqft. It's a goood option to invest in.

defy asked, what will the trend for villa price in bangalore in the next 6 months?

Tushar Bungley answers, Villa prices will move down as it has been in the reccent past. You may expect a price drop or in some case huge deals on added values with the villas. Builders to equate their old priced customers with new are offering deals like furnishings, cars, etc.

bobby asked, whats documents we need to check and where can we check before buying a house in bangalore

Tushar Bungley answers, This will differ depending on the kind of prpoerty you want to buy.

suna asked, Hi, Is this right time to buy flat in Mumbai (kandivali) or more correction is expected?

Tushar Bungley answers, The prices have not stabilized. You can wait for a while. However there are spome projects which are already complete and booked 60-70% if you are looking for such options this would be a possible right time as the prices for such projects would not move drastically

rahulk777 asked, what shud be the ideal sq. foot rate for rajarampuri, kolhapur?

Tushar Bungley answers, as of now we are not covering Kolhapur.For our research of prices. Do check back www.10floors.com for more updates

AshishPatil asked, Dear Very Gd Afternoon to you. I m buying New Home in Pune within further week. I want to confirm whether Stamp Duty & Registration charges can be shown in Agreement of Home.Also can i claim income tax deduction for the Stamp Duty & Registration charges paid for the under contruction Building(Expected completion March2010). Please inform i require the proper guidance. Thanks

Tushar Bungley answers, Yes, as per section 88 of the IT act, exmeption can be claimed for the stamp duty and registration fee paid.

anand asked, Tushar, is it a good time to invest in property in North Bangalore and if so what should be the ideal price band.
Tushar Bungley answers, North bangalore seems to be a good investment destination due to the new International airport. Also prices have gone down about 15-20% in this area. Price band for apartments is around 2300 - 2850 Rs / sqft depending on factors.

Rocky asked, Why are property rates in Pune not going down as expected? When is a good time to invest in a flat in Kothrud / Wakad?

Tushar Bungley answers, Kothrud is a saturated area with lesse space but high demand this area may not see a drop as you would see in outskirts. Wakad has seen a drop and now it's around 2800-3200 which may go litttle down but again may not drop by another 500Rs

ddd asked, HI TUSHAR -- PLEASE ANSWER --- IS IT ADVISABLE TO INVEST IN A LAND 3000 SQFT NEAR INFOSYS MYSORE. HEBBAL RESIDENTIAL AREA. 2 KMS FROM INFOSYS.

Tushar Bungley answers, Mysore being a Tier II city and expecting good growth in the coming years, it is definitely a good investment.

mmm asked, what's ur opinion on villas near BIA, devanahalli, bangalore?

Tushar Bungley answers, Check the legal aspects of the project before making an investment decision. But this is a good buy in the area. To learn more check www.legal.100floors.com

rooshat asked, do u suppose that residential prices in mulund west around L.B.S. Margh should drop from the current 6000 levels?? and if they r to drop, how long should it take??

Tushar Bungley answers, For new projects you can expect some price drop, but given mulund being a crowded market already where many buyers are available and govt too has relaxed certain loan rates the price may not drop at the same rate as last 3 to 4 months

Amit asked, what is a good price for 2BHK flat in thane city?

Tushar Bungley answers, Should be around 42 lakhs depending on the location, amenties etc

mt asked, what is a good price for gachiboli ext. , hyderabad?

Tushar Bungley answers, The prices are around 3550 - 4750 depending on amenities, location etc

manohar asked, should one be expecting falls in the rate per sq.ft in the western suburbs of Mumbai

Tushar Bungley answers, Prices have already gone down by about 15 - 20% but prices are expected to stabilize by Q2 2009

Eshwar asked, hi Tushar, I am staying at bangalore from past 4 years, i wish to have a own house. But what my confusion is whether to go to appartments or individual houses? Individual houses price were more when compare to apartments? Kindly suggest. Also let me know where can I get good apartments at bangalore for less than 20 Lakhs?

Tushar Bungley answers, Apartment or villa really depends on your confort and what you are looking for long term. Generally if you are on moving job, prefer apartment as it can be rented easily. There are many apartment options available now with promoters like Mahavir, Oysters, Sjriram properties etc which can fall in your or around your budget.

sukesh kaul asked, i just bought a new flat in waghbil thane west (mumbai) for 28 lacs area 965 sq ft. is the price right

Tushar Bungley answers, This price seems to be reasonable.

jan asked, will prices in places like bandra west, juhu, andheri west , prabha devi in fall drastically

Tushar Bungley answers, There would some drop for the new projects, but very less corrections in the secondary market unless the owner is really under cashcrunch with recent inflated loan rates which again are stabilizing back

helo asked, Is it true that board for indirect taxes has issued a notice saying that there shall be no service tax leviable on Sale of Apts in Hyd. All the sellers who paid are not entitiled to refund. this are now entitled for refund....Plz confirm

Tushar Bungley answers, Notification from the CBDT has not yet come and is just floating around in print media.

roam asked, Hi Tussar, can u suggest the builder or lacation where i can find a 2BHK apartments in bangalore within a budget of 20-22 lacs

Tushar Bungley answers, Try builders like Mahavir, Oysters, Sjriram properties etc which can fall in your or around your budget. Also perform a search on www.100floors.com

rajendra asked, Is it a good option to Move the existing loan from ICICI to some PS Banks?

Tushar Bungley answers, Yes, it's good to move to SBI.

RIYAZ asked, ITS GOOD TO INVEST BIA WITHIN 30 K.M

Tushar Bungley answers, Yes, you can go ahead with this, just amek sure to check about legal aspects.

Nala asked, Why are rentals not coming down in Western suburbs of mumbai? They had escalated significantly during 2006-08 and with the IT/IT Services slowdown, Malad/goregaon rentals should come down. But that has not happened.Any thoughts on this?

Tushar Bungley answers, Well currently it is a stagnant market and everyone is waiting to get the best deal and not prepared to lower rental prices. Eventually as supply increases over demand, they should see some correction.

mastkk asked, Hi Tushar, I want to Invest in an Agricultural Land, but I am not a Farmer by Origin, Can I make an Ivestement in Agricultural Land and How?

Tushar Bungley answers, You will have to get the land converted before purchasing it. Our legal team at www.legal.100floors.com should be able to help you out with more details.

SRID asked, Hi, what's your take on the Cochin market? What would be your recemmended rates in prime locations like- say, Marine drive and IT destinations like Kakkanad???Thanx.

Tushar Bungley answers, Marine drive prices are around 2800 - 4000 Rs. sqft for apartments depending on certain parameters.

sushlya asked, When the prices in the Dombivli will come dowm or it wont come down? Current price is 3000-4000 per sq. ft. is it the right buy price?

Tushar Bungley answers, You can wait and watch for some time before making a decision now.

goodwilltran asked, it is good time to buy a property in bhayander(W) at 2300/- 630 Sqft near rly station

Tushar Bungley answers, You can go ahead with this as it seems to be a good deal.

mastkk asked, Tushar: I want the Land as Agriculture Land and not to Convert it to NA.

Tushar Bungley answers, For this you will have to have a agri land on your name or an agreement to get agri land from your parents, or any ancestor

anand asked, Hi Tushar, Apartments in North Bangalore and Towards Bannergatta went up from 1200Rs in 2004 to 4000Rs in 2007 and is now down at Rs 1700~2000SqFt. Should one wait for them to drop to previous level or below or is it a good time to buy? Will prices go down any further. ICICI CEO Designate said another 20% Correction expected in Q2 CY09.

Tushar Bungley answers, Yes, prices are expected to stabilize by Q2 09, you can wait for sometime before making a decision, thought North Bangalore is definitely a good destination for Real Estate.

Paresh asked, Will Bank knows whether I have Home Loan from another Bank? I want to invest in Second Home. What happen I do NOT disclose about my home loan in First House.

Tushar Bungley answers, All are expecting to get prices which were there before and the impact on the builders or owners side has not been pinching so far, so you would see properties for longer time to closures. Andheri is a good area Eastern part is seeing much downside compared to west. the trend will still move downwards but may not see the same drop as we have seen say in last few months

RAJA3 asked, NEW PANVEL OR KHARGJAR WHICH IS BEST OPTION FOR INVESTMENT FOR 2ND HOME ?AND AT WHAT WILL BE BEST RATE ?

Tushar Bungley answers, Khargar prices are around 2200 - 3000 Rs/ sqft for apartments.

raj79 asked, what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????what is a good sft price for Pragati nagar / nizampet area in Hyderabad????

Tushar Bungley answers, We do not have data for this currently. Do check www.100floors.com for regular updates.

Paresh asked, Will Bank knows whether I have Home Loan from another Bank? I want to invest in Second Home. What happen I do NOT disclose about my home loan in First House.

Tushar Bungley answers, They may not, but they would as they are all connected for user credit reports. However in either case your liability is to repay both loans so it would not matter to you financially

srinisundar asked, hi, what is the best price for Lloyds road, gopalpuram, chennai

Tushar Bungley answers, Residential houses range from around 6000 - 9000 Rs/ sqft in this area.

deeXML asked, Hi Tussar, can u suggest the builder or lacation where i can find a 2BHK apartments in NCR within a budget of 20-22 lacs

Tushar Bungley answers, You can search on www.100floors.com with your budget in NCR.

Shri asked, Is it ok to buy at Rs.4000 per Sq.ft. in Pune - MIT, Paud Road, locality ? Is it better to wait or buy now?

Tushar Bungley answers, Not exactly answering first in first out. :)

amitsingh_mbm asked, Hi Tushar, Why aren't you taking any questions on Gurgaon properties. You are answering only for Mumbai/B'lore/Pune..

Tushar Bungley answers, Not exactly answering first in first out.

vidu asked, Hi Sir ia m looking for 2BHK in DWARKA Delhi. What are the prevailing rates here? Regards Vidu

Tushar Bungley answers, Price in Dwarka for Apartments is around 4000 - 4550 Rs/ sqft

Kannan asked, Bangalore 990 sqft - 33Lakhs - 1.5 kms from city railway station - ETA Star - The Gardens. Is it worth?

Tushar Bungley answers, Seems to be fine, is it a resale or now ?

jkgfkfk asked, I am planning to buy a flat in Sanjaynagar, Bangalore. promoter is quoting Rs.3000/sqft. Is it a fair rate there?

Tushar Bungley answers, Seems to be a fair deal. Try to negotiate to 2800 Rs/ sqft

satya123 asked, Hi Tushar, recently I heard a news from hyderabad that about 35K flats of defaulters will be auctioned by the banks who gave house loans. If this is true, what could be the price of 1000 sft flat. please suggest me.

Tushar Bungley answers, Sorry, we do not have information around this.

dalal asked, In the developing outskirts of Thane (Ghodbunder Road) What should be the cost for a 2BHK flat in todays conditions ? Will it be worthwhile to wait for some time ??

Tushar Bungley answers, It's about 3500 - 5000 Rs/ sqft

shaifalisingh asked, hi, i am looking to buy a 3 bhk in chembur or vashi ......when is a good time to buy

Tushar Bungley answers, For buying you can venture out now and negotiate.

patel p asked, Hi Tushar, i m from pune. Is it the good time to buy property in pune? What is the future of Pimple saudagar area?

Tushar Bungley answers, Pune seems to be a good destination. Pimple Saudagar is a good location for Re investment being a Tier III city.

FGPG asked, Bought a flat at 3000/sq ft in Hebbal. is it a good deal

Tushar Bungley answers, It's a pretty good deal.

Ram12 asked, Hi Tushar, What is the current market price range for 1 ground (2400 Sq Feet) land in Velachery in Chennai.

Tushar Bungley answers, The price for land is about 3500 - 5000 Rs/ sqft

Kannan asked, I want to buy Land in chennai... should i buy before or after 31st March? Or should i wait for a while for prices to come down in chennai?

Tushar Bungley answers, You can wait for Q2 09 before making a decision as prices are expected to stabilize by then.

mcaashutosh asked, Hi, we would like to buy home in hyderabad in nampally area. I would like to know from where we can get the prices prevailing in the last three years. I mean any site from where we can get the rates per sq. yard.

Tushar Bungley answers, Prices in Nampally are around 2200 - 2800 Rs/ sqft

vijayd asked, hi tushar, plz tell wht wuld b appropiate price for a flat of 900sqft, 14yr old bldg in vasai(w) thane

Tushar Bungley answers, Prices in Vasai are around 2000 - 220 Rs/ sqft

vijayd asked, hi tushar, plz tell wht wuld b appropiate price for a flat of 900sqft, 14yr old bldg in vasai(w) thane

Tushar Bungley answers, Prices in Vasai are around 2000 - 220 Rs/ sqft

Nayan asked, What will be the rates in Mumbai Meeraroad Area.

Tushar Bungley answers, Prices in Mira Road are around 1800 - 2200 Rs/ sqft for apartments

lalu asked, want to buy 3 BHK flat in NCR, what wud be better Gurgaon or Noida, which option is better, What would be the per sq rate in Noida and Gurgaon

Tushar Bungley answers, Both are on par. Would boil down to a personal choice. Gurgaon average pricing would be around 2800 - 3000 Rs/ sqft and Noida around the same for residential apartments.

surya asked, Hi Tushar, What is the land price for a well developed plot near Electronic City, Bangalore?

Tushar Bungley answers, 2600 - 3000 Rs/ sqft for land.

rajit asked, i see a dip in real estate prices post march 09 rather in q1 09 to put it as and also see many realty firms defaulting in payments do let me know if you agree with me on the same tushar

Tushar Bungley answers, Can't predict, but this seems to be the general sentiment.

Tanushree asked, Hi, I have booked an apartment for 2638 per sq/ft in Sun City Apmt, Sarjarpur Outer Ring Road, bangalore. Do you think its a fair deal?

Tushar Bungley answers, Seems to be fine. Though you can negotiate a little bit.

brd asked, what are rate of BHANDUP West LBS road - after fall down ??
Tushar Bungley answers, Average prices in Bhandup seem to be around 3000 - 3300 Rs/ sqft

kunal asked, Hi, I am planning to purchase 2BHK flat in Mumbai(Borivali).What should be the good time?Shal i wait for 2 more months?Will Housing loan Intrest rate dip further down?

Tushar Bungley answers, You might want to wait for some more time. Yes there is a prediction that loan rates might come down, thought there is no official announcement about the same.

mtbrains asked, What do you think would be the rates in matunga (5 gardens)/ dadar east/sion for premium propoerties

Tushar Bungley answers, Dadar east premium properties are around 7000 - 9000 Rs/ sqft

pramkrs asked, hi can u help me to choose flats in fbd

Tushar Bungley answers, Sure, please check www.100floors.com

roby asked, How I should ask for If I want to sell my 220 sq mt plot in sector 52 gurgaon?

Tushar Bungley answers, Just put up your property for sale for free on www.100floors.com and get contact by buyers from all over india through SMS / Phone calls / Emails.

roby asked, How I should ask for If I want to sell my 220 sq mt plot in sector 52 gurgaon?

Tushar Bungley answers, Just put up your property for sale for free on www.100floors.com and get contact by buyers from all over india through SMS / Phone calls / Emails.

sheshu asked, I want to invest in purchasing a site in Bangalore ..Do you think it is the right time or should I wait for prices to still fall down??

Tushar Bungley answers, You can start looking for the site in your area of interest. North bangalore seems to be a hotspot currently and you can close the deal in 1 to 2 months after negotiation.

prem 1 asked, hi Tushar, what will be rate for 3 BHK flat 1500 sq ft at Kharghar navimumbai ? is is a good node to invest ? regards Prem

Tushar Bungley answers, Prices here seem to be around 2500 - 3000 Rs/ sqft

Tanushree asked, one more question from me, please suggest which is better option 1)Home Loan at 8% for 1 year from SBI OR 2)Home loan at 9.75% floating from HDFC?

Tushar Bungley answers, SBI seems to be a better option.

prem 1 asked, tushar why dont you ANSWER ? DONT YOU KNOW ABOUT NAVI MUMBAI ? what will be rate for 3 BHK flat 1500 sq ft at Kharghar navimumbai ? is is a good node to invest ?

Tushar Bungley answers,  Prices here seem to be around 2200 - 3000 Rs/ sqft

ramamurthy asked, Mr Tushar, will chennai see any drop in Plot / Flat prices ?

Tushar Bungley answers, It is expected to by Q2 2009.

vinayy asked, what is the right rate for virar(E)

Tushar Bungley answers, Around 2400 - 3000 Rs/ sqft for residential apartments

Bunny asked, Hi Tushar, I have a 2bhk flat in royal palms, Goregaon East ...I would like to sell it .. what is the market rate as of today ? and what is the rental rate too?

Tushar Bungley answers, New apartment prices in Goregoan are around 4000 - 4700 Rs/ sqft. Cannot comment on rental rates.

james asked, What do you think about the flats that DLF is planning to build in Bnagalore. They are 1850Sqft for Rs1900/sqft. Does this deal looks good ?

Tushar Bungley answers, Yes, this looks interesting. In fact several builders are looking at launching affordable housing projects.

jj1 asked, Suggest good location to buy 3 BHK flat in Bangalore. My Budget 40 Lacs.

Tushar Bungley answers, For this budget you can look at Marathalli / Sarajapur area or North Bangalore around Hebbal / Yelahanka

sonam22 asked, I had enquired in Kandivali (E) Thakur Complex about 1 bhk flat and the builder is offering rate of 5700/- per sq is it reasonable if not what would be the ideal price to buy that property.

Tushar Bungley answers, Price seems to be on the higher side. you can negotiate to around 5000 - 5200 Rs/ sqft

patel p asked, You asked, Hi Tushar, I purchased house in Pune, pimple saudagar @2400 with reputed builder. The price before 10 months was 3000 is it good price? Will it fall further? Thanks..

Tushar Bungley answers, This seems to be a good price. Outlook seems to be good in this area.

sonam22 asked, PLEASE REPLY, I had enquired in Kandivali (E) Thakur Complex about 1 bhk flat and the builder is offering rate of 5700/- per sq is it reasonable if not what would be the ideal price to buy that property.

Tushar Bungley answers, Price seems to be on the higher side. you can negotiate to around 5000 - 5200 Rs/ sqft

tush asked, why tushar not answering me... please let me know what is a rate per sq feet for a aparment in ayanavaram, chennai

Tushar Bungley answers, We do not have data for this area. Do check back again on www.100floors.com

pulisuresh asked, tushar pl answer me!!!!!!!! What is the sq ft rate of flat in chennai at porur

Tushar Bungley answers, In porur, Chennai rates seem to vary from 3000 - 4200 rs/ sqft

kaviumesh asked,  i want a plot in viman nagar, chandan nagar

Tushar Bungley answers, Price in Viman nagar, Pune is around 2900 - 3300 Rs/ sqft

Sachint asked, Tushar Sir .... I am trying to ask from last Half an Hour........ can u plz answer ? 3750 Rs/Sqft in Aundh, Pune is this price OK or should wait for further correction. It was ben earlier quoted at 4250 Rs/Sqft...

Tushar Bungley answers, This seems to be fine, though the prices here vary from 3200 - 4000 Rs/ sqft

Tushar Bungley says, Thanks everyone for our questions. We tried our best to answer as many questions as possible. Do visit us on www.100floors.com for more questions. See you soon!