What will be the Impact on Real Estate Prices due to Coastal Road in Mumbai?

The impact of the Coastal Road on real estate prices in Mumbai is a complex issue, and it depends on a variety of factors, including the specific location of the property in question, the type of property, and the demand for real estate in the area.

The Coastal Road project is expected to improve connectivity and reduce travel time between different parts of Mumbai, which could make certain areas more attractive to potential buyers or renters. This increased demand for property could lead to higher real estate prices in some areas.

On the other hand, the construction of the Coastal Road may also disrupt the local real estate market in some areas, as residents and businesses may need to be relocated to make way for the project. In some cases, this could lead to a temporary oversupply of properties in certain areas, which could put downward pressure on real estate prices.

Overall, the impact of the Coastal Road on real estate prices in Mumbai is likely to be complex and multifaceted, and it will depend on a variety of factors. It is important to analyze each specific location and property to understand its unique situation and the potential impact of the Coastal Road.

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 :

Drafting of the Leave and License Agreements
MOU for Buying/Selling Properties
Drafting Agreement for Sale
Gift Deeds
Computing of Capital Gains with current ready reckoner values
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

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What will be the Impact on Real Estate Prices due to Coastal Road in Mumbai?