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Monday 3 February 2014

Homes@ Rupees 100 crores in India



Indian Housing mix Variety 

                                      Starts at $100 onwards to  $ 16 million


100 dollar home pure  base on the soil with only 10 degree vision compare to the  last one floating in the Sky with all 360 Degree Vision.  Choices  plenty in between.....

Property Slow down  in the real estate market with booking happening at 30% less than the last years peak rates,  with  certain condition  in  payment mode  and  delivery period , smart developers finding it cool  about this discounted rates closings.

Many like Lalwani Group says,   “ It may be Smart Idea to sell at a discount  rather than  thinking   of   the days of 2008 repetition in the  coming days,  let me shell out few more on this  30% discount offer”.   I want to safe guard me with the present and coming days.

My Mumbai  stands Tall  different from all  market down, discount sale, and all gimmicks’     
In the Rs.100 Crore category are 25 apartments, one per floor, that will offer a 360-degree view of the city Only 10% left for sale.
Height of 1400 ft

Well known Omkar Realtors’ officials said the pre-launch reception for the project was positive and all the apartments in one of the three towers had been sold.

The World Towers project in Upper Worli of Lodha Developers Ltd, homes are priced between Rs.12 crore and upwards of Rs.100 crore in three towers, World One being the most expensive.

The most expensive homes in the World One tower—duplex flats—occupy two entire floors and offer 360-degree views of the city, set at a height of about 1,000 ft. above the city. The residences have double-height living rooms, private pools and private gyms, said chief marketing officer. 

A Lodha Developers spokesperson said around  85 % of the project had been sold so far.

At Sunteck Realty Ltd’s  Signature Island project in Bandra-Kurla Complex, a business district in Mumbai, two levels comprising 16 residences have been reserved to be sold later. The developer is looking for tie-ups to make these more exclusive than those in the rest of the project. For the other units, the sale price is Rs.50,000 per square foot.

“For the right location, the ultra High Profile  net worth individuals are sometimes willing to pay staggeringly high prices, irrespective of the general state of city’s property market,”  Says Joe Varghese CEO of DOmyDEAL.

However, even  the Ultra Rich  individuals are beginning to postpone the  purchases. “The supply of luxury houses are getting more in Numbers, but the buyers  have become very cautious. There is a double-digit drop in the demand,” said Anand Mint, director of Realty research & analysis form Canaan Greens.


Is this the right time to buy ?  Many  Serious  buyers asking each other?  Please answer .....