Aakar Realty Enterprises '_____ Realty Mediators

   Planning to take a home loan? Be prepared to shell out double-digit interest rates soon. Lenders say it’s only a matter of time before they are forced to pass on the higher cost of funds to borrowers after the Reserve Bank of India increased key policy rates by 25 basis points on Tuesday. The rate hike, the seventh successive one since January 2010, is aimed at controlling inflation which the RBI described as a “dominant concern”. The rate of inflation as measured by the wholesale price index is now forecast to be at 7% by end-March, much higher than the original estimate of 5%. At present, new borrowers get loans at close to 9.5%. But borrowers who have availed of home loans around five years back are already paying over 12% following successive increases in prime lending rates. The increase in policy rates may seem modest. But banks are already in deficit mode and borrowing over Rs 1lakh crore from RBI on a daily basis. “The liquidity situation is very tight and the cost...

THE PROJECT TOTAL AREA ==== 42 acres   AREA OF EACH UNIT RANGES FROM 1500sq.ft. TO 3000sq.ft.   DEVELOPED PLOTS WITH FULLY FURNISHED HOME   WITH ROAD,WATER & amp; ELECTRICITY   DOWN PAYMENT - 25% ON BOOKING  PRODUCT BENEFITS  EXCELLENT SECOND HOME OPTION MOST OF THE AREA IN KARJAT  COMES UNDER RESIDENTIAL ZONE SO NO INDUSTRIES WILL BE LOCATED HERE  CLOSE PROXIMITY TO TOURISTS ATTRACTIONS LIKE KHANDALA & LONVALA & NERAL   LOCATION BENEFITS  THE SEZ AT NAVI MUMBAI ARE AROUND 20-22kms AWAY FROM KARJAT THIS WOULD  INCREASE THE JOB OPPURTUNITIES WHICH IN TURN WILL ENSURE HIGH RENTALS  THE UPCOMING INTERNATIONAL AIRPORT AT PANVEL WHICH IS AROUND 42kms FROM    KARJAT WOULD MAKE SPARSH-CHALET  EASILY ACCESSIBLE LOCATION 'SPARSH-CHALET' 12kms == NERAL STATION 17kms == KARJAT STATION 40kms == PANVEL STATION 20-22kms == KHANADALA / MATHERAN 28kms == CHAUK OFF THE OLD MUMBAI-PU...

Lodha Developers has awarded civil construction contract of its proposed world’s tallest residential building, World One, to a joint venture of West Asia-based Arabian Construction Company and  Simplex Infrastructures   . The contract is worth Rs. 450 crores and is scheduled to be completed in 38 months. The project at Lower Parel in Central Mumbai has created waves in the world of real estate ever since it has been launched in June. However,questions have been raised over the status of approvals from the Ministry of Environment & Forests(MoEF) and the Director General of Civil Aviation (DGCA). The DGCA approval is necessary as the proposed altitude of the building will likely be ’sky scraping.’ However, according to the company, the construction contract for the tower has been placed as it has received the approvals. Abhisheck Lodha, Managing Director of Lodha Developers claimed to have already received all mandatory approvals for the project including the ones from MoEF...

    A huge sprawl of land, a private enclave in the heart of the city spread over 4,581 sq mt in Mazgaon has received the nod for redevelopment from the Bombay high court. The land is owned by the century-old Cutchi Lohana Samast Mahajan trust and houses over 200 tenants in 70-year-old buildings. Justice Abhay Oka, earlier this month, upheld the joint charity commissioner’s permission to the trust to sell the land to Gold Plaza Developers Private Limited for a monetary consideration of Rs 3.51 crore. “Considering the fact that the cost of maintaining the property is more than the income derived from the property, the necessity (to sell) is established notwithstanding the sound financial position of the Trust and income derived from alienation of the other property,” said the judge while dismissing two petitions challenging the sale. Though the government approved valuer calculated the market price of the land at over Rs 6.34 crore, the charity commissioner said that for...

AT  NARANGI - VIRAR (E) 1)  PRODUCT === ONE ROOM KITCHEN      AREA        ===  350 sq.ft.       2) PRODUCT=== ONE BHK      AREA       === 550 / 600 sq.ft.      3) PRODUCT=== SHOPS      AREA       === 300 / 350 sq.ft.       THESE PROJECT IS IN UNDER CONSTRUCTION THESE PROJECT IS CIDCO APPROVED THESE PROJECT IS IN 20 mins DISTANCE FROM THE RLY. STN FOR ANY FURTHER DETAILS CONTACT US AT A Comos Realty Corporation