Sai Baba Nagar Extension, Mahavir Nagar

Contact No 9221868488, Rhydham Estate Agent-----Rajesh Shah

Project Highlights:

• Free mahanagar gas connection


• Free telephone connection


• Intercom facillity in each flat


• Three side road facing project


• Earth quake resistant r c c structure


• Loan available form all leading financial institutions


• 1bhk flats with master bed

Living/Dining

• Vitrified Marbo Granite Flooring


• Decorative Main Entrance Door

Kitchen

• Vitrified Marbo Granite flooring


• Granite Kitchen Platform With


• Service Platform ,Stainless Sleel


• Sink 4'Dado Coloured Glazed


• Tiles ,refrigerator Point R c c Loft in Kitchen

Bedroom

• Vitrified Marbo Granite Flooring
  

Toilet:

• Coloured Ceramic Tiles Dado Up To 6'6"Height ,Hot &Cold Water Mixture ,Inseant


• Geyser and Opulent Fitting

Paints

Wall and celling of the Flats finished with Plasticker and Painted With DistemperColour and the exterior of the building painted with tex/cement Paints

Electrification

Concealed Copper Wiring in all Rooms Three Phase Meter Connection in 2Bhk flats

Windows

Heavy Section Coloured anodized Aluminum Silding Windows with Marble /Granite Sill

Dish Antenna

Common Multi Channel Cable Connection Point in all the Flats.

Entrance

Decorative Entrance Lobby.

Lift

Lift of Reputed Brand.

Parking

Still/OpenCar Parking

Terrace

Brickbat Coba with Waterproof and Finished with China Glazed Tiles

Elevation

Magnificient and extravagant elevation using fabulous Architectural techniques.

Garden

Beautiful Landscape Garden

Children's Park

Play area with Children's play Equipments.

1BHK----615 sq.ft

2bHK----915 sq.ft

Rentals in Metro

Rentals and capital value of office space witnessed a further drop during the January-March quarter in metros like Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Pune and Kolkata.

The financial and IT sectors, which have been hit hard by the slump, are postponing their capital expenses and giving up on excess space.

The adverse supply-demand crunch, high interest rates and low mismatch and non-availability of confidence in the economic outlook financing options, has impacted the realty sector hard in the form of substantial slowdown in construction in the last few months of 2008. Most new projects remain on paper. While not ruling out the scope of further correction in the coming quarters, the report said that the prospects of any sharp decline are unlikely. Transactions are expected to pick up in the major cities in the medium to long-term period.

With the IT sector facing a slump, the peripheral market of Gurgaon continues to be slow. This quarter witnessed an increase in the supply (around 0.25 million sq ft) of furnished space and availability of sub-lease options In Noida the current vacancy rate is around 25% to 30%.

Mumbai has also seen a southward trend in rentals across all micro markets. The central business district of Nariman Point has witnessed a significant correction in rentals over the last 6-9 months with additional secondary stock added to the micro market, taking the vacancy rate to around 15%.

Despite the general lack of demand, extended business district - Lower Parel and Worli has witnessed a revival of construction activity in many of the projects that were earlier stalled.

Real Estate Market

Mumbai Buyers tread cautiously even as developers offer discounts

On a steady descent, the property prices across the city have dropped by 30-40 per cent from its peak rates. Realty research figures indicate that the average property prices in Mumbai, Thane and Navi Mumbai (Mumbai Metropolitan Region) have come down from its peak of Rs 8,136 a sq ft in June 2008 to Rs 4,607 a sq ft in March 2009. With 420 ready and 1,349 under-construction projects in the MMR, the mounting inventory has led to a more pronounced price cut in the latter category.

Eager to tide over the absolute slack, several developers are advertising limited time discounts. HDIL has done the same at its Kurla and Andheri projects, Nirmal Lifestyle at its Mulund project, Lodha at its Dombivli project as well as a slew of others with big-sized projects in Thane and Navi Mumbai. They urge buyers to go in for a panic buying till the offer lasts, claiming that there will only be an upward movement in prices hereafter. This is a far cry from the initial days of the slump, when developers dangled sweeteners like stamp duty waivers or a free car and electronic goods, ruling out any reduction in rates.

However, realty players say that with banks tightening the noose around developers, the fate of many under-construction projects is unsure. Real estate rating agency Liases Foras estimates that about 50 per cent of the ongoing projects are doomed to either get stalled or get deferred.

Property rates are bound to fall up to 60 per cent. Not only are the developers starved for money, the buyers also have no money to spare. Also no buyer wants to put his money or risk taking a loan for buying an under-construction flat.

lats in prime areas such as Peddar Road have come down from a staggering Rs 1 lakh a sq ft to a range of Rs 60,000-35,000 a sq ft. In Bandra, it has dropped from Rs 25,000 a sq ft to Rs 14,000 a sq ft.