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What should be the price of a 2BHK on Mumbai-Pune EWay?- Property Hotline
Posted
December 27, 2016
Views
406
December 27, 2016
406
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6:52Now PlayingExpert: Arvind Nandan, Director, Colliers International.
Question: I have a flat on Mumbai-Pune expressway. It is a 2BHK flat. Now, I want to sell my flat as I will be leaving the country to work abroad. What should be the deal price? I bought the apartment for Rs 63 lakh. Will demonetisation have any effect on the deal?
Answer: According to property price, it should be located somewhere around New-Panvel, Ulwe etc. As it is 2BHK it should be around Rs 6000 per sq. ft. There are 2 large infrastructure projects coming up which are Trans-Harbour link and Navi-Mumbai international Airport. If you hold it for 7-8 years more than you can expect 100% appreciation and if you willing to sell it now then keep the price around Rs 7000 – Rs 8000 per sq. ft.
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