Under Construction Projects in Great Demand in Mumbai

Under Construction Projects in Great Demand in Mumbai

Under Construction Projects in Great Demand in Mumbai

There is a renewed interest in Buying a New Home in Mumbai. Projects by Godrej, Ajmera, Oberoi, Runwal, Hiranandani, Raheja Universal have shown immense interest from home buyers.

Before the end of 2022, both the Metro Lines from Dahisar East/West to Andheri East/West should commence and that will be a boon for travellers commuting between these locations. Its anticipated due to the heavy movement in these locations that a lot of commuters will go up on the Metro and the link road and the express highway may just get a little less congested. Even if the Metro take away 20-25% of the Commute load from the main roads the traffic congestions will ease.

Owing to the above, the demand fro real estate is likely to be be profound in the Western Suburbs to begin with. Central Mumbai infrastructure is also building up well and with the Trans Harbour link a lot of traffic going out of South Mumbai towards Lonavala - Pune etc will disappear from the Chembur - Ghatkopar belt and move towards Sewri and down to the otherside.

Commuting and infrastructure go hand in hand and so do real estate prices in Mumbai. Its advisable to take any property which is closer to Metro stations so that your connectivity in moving within the city is easy and not hampered by long travels.

 

About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/