Amit PanchalDear Abhishek, Lodha Palava City is divided into two phases. Phase 1 was completed in December 2015 and Phase 2 will be completed by August 2020. You can look out for property for investment here as this project has been witnessing growth since Oct-Dec 2017 and it is still growing at a decent rate. Capital values have seen around 7 percent hike from Oct-Dec 2017 to Oct-Dec 2018. These rates are expected to rise in near future due to competitive rates, developing locale, recently opened Thakurli-Dombivli Railway Over Bridge [ROB]. Also, Dombivlis coverage under the Smart City project will be an added advantage from an investment perspective. Therefore, investment in this project is recommended. The stamp duty is 6% and registration charges are Rs 30,000 or 1% of the property value, whichever is higher.
koena kashyapHi Hrashal, cost of construction depends up on a number of factors such as the size of the area, cost of the materials in the market, labour cost etc. So, it is better to consult a builder/contractor in your area, so that you can come to a better conclusion. Also, you can use online calculators to determine an estimate by entering the details about the property and type of construction you are planning for.
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