July 11, 2016
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4:12Now PlayingBe Un Confused
Expert: Akash Bansal, Director at Liases Foras.
Question: I am looking for a 2 BHK property approximately 700 sq. ft. carpet area in Chembur East or Wadala. My budget is around Rs. 2 cr. I want possession within a year. What will be the weighted average price for resale apartment in these areas?
Answer: Properties which are near completion have the higher prices. In Chembur and Wadala price ranges between Rs16000 - Rs 17000 per sq. ft. But there are good properties coming out with the good developers like Godrej and Wadhwa, where price ranges between Rs 15000 - Rs 16000 sq. ft. Also, you would get better size of 2 BHK rather than 700 sq. ft. in your budget itself. But if you are looking for an old property in this price range, it seems difficut to find one.
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