September 12, 2016
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2:54Now PlayingExpert: Akash Bansal, Director at Liases Foras
Question: I booked a 1 BHK at Lodha Palava in Dombivli. I have paid the initial amount. Should I hold or sell?
Answer: Lodha Palava is a large township being developed in phases. It is situated at Kalyan-Shil Phata Road. Casa Bella Phase 1 launched in 2009. Casa Bella’s launch price was Rs2,250/sq. ft. Current price of Casa Bella is Rs6,000/sq. ft. Palava Phase 2 was launched in 2015. Phase 2 was launched at price of Rs4,800/sq. ft. The current price of the Phase 2 is Rs5,500/ sq. ft. Locality has witnessed good appreciation. Government plans to develop a domestic terminal near Kalyan.
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