CIDCO Crushes Navi Mumbai Real Estate

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  • Опубликовано: 1 янв 2025

Комментарии • 108

  • @ashwindhole7579
    @ashwindhole7579 Месяц назад +23

    I think in navi mumbai in some areas the prices are overpriced like in Ulwe, Dronagiri, Pushpak Nagar , especially in pushpak nagar and dronagiri which are relatively new node in terms of infrastructure they are yet to be developed fully , regardless of that prices are inflated and increased on the name of navi mumbai airport, i dont think what is the use of airport for common middle class and upper middle class people which are mostly buying property in these places , airport is needed but its not a daily need for most of the people

    • @WandererPatil
      @WandererPatil  Месяц назад +4

      I agree with you but the tender plots are auctioned and higher the land price greater will be the selling price but some developers want to ride the wave and make money. That's the nature of real estate business

    • @ashwindhole7579
      @ashwindhole7579 Месяц назад +5

      @@WandererPatil yes navi mumbai international airport is the toolkit for most of the developers to increase the property prices , navi Mumbai international airport is Marketed as if it's the first airport in Maharashtra 😂😂

    • @ashwindhole7579
      @ashwindhole7579 Месяц назад +3

      @@WandererPatil if possible can you make a latest video which is comparision or like information about locality or prices of karanjade, dronagiri, ulwe ,etc

    • @govardhansonavane5219
      @govardhansonavane5219 Месяц назад

      @@ashwindhole7579
      Hi

    • @govardhansonavane5219
      @govardhansonavane5219 Месяц назад

      @@ashwindhole7579
      Ya topic var 1 video banwa

  • @iOSTechie
    @iOSTechie Месяц назад

    Excellent example of Property CAGR calculation. Thank you 🙂

    • @WandererPatil
      @WandererPatil  Месяц назад

      Glad it was helpful!
      I also have another channel on personal finance and fraud prevention - please do subscribe
      ruclips.net/video/zQcuUcEOsOM/видео.htmlsi=V0iPeShHFUrAdYxw

  • @sportsguy09
    @sportsguy09 Месяц назад +2

    Awesome comments "Property pe naam aaj Tumhara hai, kl kisi aur ka hoga"😅, it's reality 😊.

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      Unfortunately that's the reality but people don't realize it :)

  • @surajgupta1711
    @surajgupta1711 Месяц назад +1

    Well Researched, with data and article support. Wow.
    Just small correction, Not the citizens of Navi Mumbai, Citizens of Maharashtra that is Domicile of Maharashtra.

  • @AjayGurav-si8nt
    @AjayGurav-si8nt Месяц назад

    सर खूप माहितीपूर्ण video दिलात आपन

    • @WandererPatil
      @WandererPatil  Месяц назад

      Thanks
      "माझे एक वैयक्तिक अर्थविषयक आणि फसवणूक प्रतिबंधक दुसरे चॅनेल देखील आहे, कृपया त्याला देखील सबस्क्राइब करा. तुमच्या समर्थनासाठी धन्यवाद."
      ruclips.net/video/zQcuUcEOsOM/видео.htmlsi=PBB5Yl4h2OHSX-UT

  • @ImranShaikh-pi3ko
    @ImranShaikh-pi3ko Месяц назад +2

    APNE BOHOT ACHAA TOPIC CHEDA.. MAIN BHI EXACTLY YEHI SOCH RAHA THA... CIDCO NE LOTTERY SYSTEM LAAKE . PUURE NAVI MUMBAI KI BAND BAJAA DI HAI.. NAVI MUMBAI KI CROWD QUALITY DIN PE DIN GHAT TE JAA RAHI HAI.. KURLA , GOVANDI, PAREL, NALASOPARA, SEWRI.. SAB KA KACHRA CROWD AAKE NAVI MUMBAI KI GHAAN KAR DIYA HAI

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      I hope Navi Mumbai people se better bane. Kyonki NMMC ne bahot acha kaam kiya hai, CIDCO ne bhi. Lekin responsible citizens hona is very important

    • @sportsguy09
      @sportsguy09 21 день назад

      @@ImranShaikh-pi3ko 💯 percent ekdam correct bola Aapne, saare Govandi, Baiganwadi n Tata colony, chembur etc ke log Kamothe n Ulwe me aa gye hai rehne ko, hope ki sab achche citizen ki trh pesh aaye.

  • @kishoremirchandani8671
    @kishoremirchandani8671 Месяц назад

    Namaskar 🙏 Dhanyawad 🙏

  • @maheshshinde1596
    @maheshshinde1596 Месяц назад

    Excellent 🎉

  • @preethanair8593
    @preethanair8593 Месяц назад +1

    Sir, Shreeji today royal glof view kharghar sector 33 project worth investing he kya?

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      If you are actually getting a golf course view then yes it is worth investing because that will be easy to sell at a premium.

  • @PrathmeshChavan-gl2gb
    @PrathmeshChavan-gl2gb Месяц назад

    Great information

  • @rohitbansode2870
    @rohitbansode2870 Месяц назад

    Good information

  • @chandukoparde28
    @chandukoparde28 12 дней назад

    Sir Kharghar chi cidco 2BHK chi Kay price ase andaje l

  • @Navdeep1105
    @Navdeep1105 Месяц назад

    Hello Mr. Patil!
    What should be our preference of location during the registration? Kindly tell me. I dont have much knowledge about the location. which location is better from the perspective of good living, better connectivity and worth investigating money?

    • @WandererPatil
      @WandererPatil  Месяц назад

      I would recommend basis my preference 1. Vashi 2. Kharghar 3. Mansarovar 4. Panvel 6 Kalamboli 5. Bamandongri & Kharkopar

  • @aafreensayed8706
    @aafreensayed8706 Месяц назад

    Plz plz cidco homes prices bataye ...kiya lena acha hoga.....select my home kya concept....plz puri jankari dijiye

    • @WandererPatil
      @WandererPatil  Месяц назад

      Hi, I have many videos about CIDCO on my channel, you can find answers to your questions.

    • @aafreensayed8706
      @aafreensayed8706 Месяц назад

      @WandererPatil yes I waited and checked that video is estimated prices right? Sir I want actual price list can you plz provide link..as most of the videos are in Marathi...can not understand much...plz

  • @govardhansonavane5219
    @govardhansonavane5219 Месяц назад +1

    Cidco free hold bill pass jhala ka nahi
    Please sanga

    • @WandererPatil
      @WandererPatil  Месяц назад

      Yes, the CIDCO (City and Industrial Development Corporation) board approved the shift of its leased lands in Navi Mumbai to a freehold status in October 2024. However, this decision still requires final approval from the Maharashtra state cabinet to take full effect. Once approved, the change will benefit properties across CIDCO developments in Navi Mumbai, allowing property owners to avoid lease renewal fees and transfer charges, and enabling smoother property sales and self-development projects in the area. This adjustment is expected to ease financial pressures on residents and boost property ownership flexibility.
      Taken from CHAT GPT

  • @Tejas_Temkar
    @Tejas_Temkar Месяц назад

    Sir I had invested in Matrix Estella project in Nerul.. But no update on construction yet..
    Can you please let me know about my investment?

    • @WandererPatil
      @WandererPatil  Месяц назад

      Well I generally don't cover Nerul, but there are plans in future

  • @rathinkolekar
    @rathinkolekar Месяц назад

    Will there be connectivity to Sion panvel highway from CIDCO Kharghar Railway station project? Also, has construction of Kharghar belapur coastal road started?

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      Yes Sion Panvel highway connectivity will be available because that's the only commuting road. For coastal road it is estimated to take 30 months from Sep 24 as per media reports

  • @singhp7776
    @singhp7776 Месяц назад +1

    Sir maine Cidco ke registration me without affidavit wala form fill kar ke upload kiya hai, kuch issues honge kya ?

    • @WandererPatil
      @WandererPatil  Месяц назад

      Agar eligible hue to correction ke liye time milega

  • @be.curious101
    @be.curious101 Месяц назад

    Please also calculate breakeven point beyond which we will make profit on the real estate investment.

  • @shubhamnitin
    @shubhamnitin Месяц назад

    hi any knowledge about kamothe sec 36 mangrove area will it be developed in future?

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      No idea but this is what i found on CHAT GPT
      The mangrove area in Sector 36, Kamothe, is part of the larger coastal ecosystem around Navi Mumbai, protected due to its environmental significance. Generally, mangrove areas in and around Navi Mumbai are safeguarded by the Coastal Regulation Zone (CRZ) norms, which limit development to protect these sensitive ecosystems.
      There have been discussions and interest in developing areas near mangroves for urban purposes, but these projects often face strict environmental scrutiny and opposition from environmental groups. For any official development to proceed, extensive clearances from environmental authorities would be required, and even then, restrictions would likely remain stringent.
      If you're looking for development nearby rather than directly in the mangrove areas, areas adjacent to the protected zones may see more feasible development projects.

  • @SyedAhmed-bi5xq
    @SyedAhmed-bi5xq Месяц назад +2

    How is green city

    • @WandererPatil
      @WandererPatil  Месяц назад

      I havent personally visited the project

  • @vinaypradhan1
    @vinaypradhan1 Месяц назад

    Me home loan cha interret aani principle la tax saathi use karto. Tar 80c madhye 1.5 lac aani 24 b madhye 2 lakh paryanta. Aani mala per month 11000/- rent pan yetoy. Tar yaacha CAGR kasa kadhaych?

    • @WandererPatil
      @WandererPatil  Месяц назад

      Property current value madhe tax saved and rent earned add Kara. This will give you the CAGR

  • @be.curious101
    @be.curious101 Месяц назад +3

    Hi
    Please create a video on how to negotiate with Builders.
    Thank you.

  • @darshansawardekar1130
    @darshansawardekar1130 Месяц назад

    Hello sir,
    How is Neelkanth Wisteria (Codename Panvel Junction) beside Panvel Railway station Takka?
    1bhk 68 All In worth?

    • @WandererPatil
      @WandererPatil  Месяц назад

      It's good, as far as I remember it's a corner plot. And connectivity is the only advantage and I predict that sector 20 and 21 will grow well as far as livability is concerned. As far as worth is concerned I don't know the carpet hence can't comment. But basic rule, if it's for end usage and meets your requirement then go for it with strong negotiation. I never recommend flats as first investment unless you have a very large portfolio.

    • @darshansawardekar1130
      @darshansawardekar1130 Месяц назад

      @WandererPatil Sir carpet area is 450. Please tell me if it's worth it or not. I will live in this flat. Also I expect a good ROI.

    • @WandererPatil
      @WandererPatil  Месяц назад

      @darshansawardekar1130 that's about 13.3k PSF on carpet if I exclude 8 lakhs for for Stamp duty and registration. It's a good rate. The next question is what is the RERA possession date

    • @darshansawardekar1130
      @darshansawardekar1130 Месяц назад

      @WandererPatil Rera's Possession date is October 2028. But the salesperson told us that the date is for the C wing. But for A wing and B wing, the salesperson committed December 2026
      Aggreement value is 60 Lakhs including Car Parking, 6th Floor floor rise charges, Club charges.

    • @WandererPatil
      @WandererPatil  Месяц назад

      @darshansawardekar1130 with car parking it's a good deal

  • @artexplorer9342
    @artexplorer9342 Месяц назад

    पाटील साहेब, अंदाजे मार्केट कॉस्ट आणि सिडको ची फ्लॅट कॉस्ट मध्ये किती डिफ्रन्स असतो? आणि खारघर, वाशी, खांदेश्वर या ठिकाणी "ऍव्हरेज रेंट (१BHK)" किती आहे ? जर शक्य असेल तर माहिती द्या. आणि तुमचे व्हिडीओ खूप माहितीपूर्ण असतात.... खूप खूप धन्यवाद!

    • @WandererPatil
      @WandererPatil  Месяц назад

      Dhanyavaad, nakki ekda pricing declare jhali tar comparison video banven. Rent saathi nakki video banavto in coming day
      Please subscribe to my other channel as well 2025 madhe bharpur videos hya channel var upload karnar aahe on financial planning
      ruclips.net/video/zQcuUcEOsOM/видео.htmlsi=V0iPeShHFUrAdYxw

  • @SyedAhmed-bi5xq
    @SyedAhmed-bi5xq Месяц назад

    Good evening sir

  • @sanketdhoke9686
    @sanketdhoke9686 Месяц назад

    Please sir suggest plots in dronagiri and navha sheva

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      There are plenty but I will only make vlogs on those once I get a good gated community and ready to move possession plots. However I am planning to make a vlog on how to assess and identify a good land/ plots

  • @The_average_entertainer
    @The_average_entertainer Месяц назад +3

    Simple: If you have money buy real estate for investment. Black money, even better. If you are opting for a loan, go for a balanced approach like firstly better living, connectivity, rental yield and lastly appreciation as an add on benefit only.

    • @WandererPatil
      @WandererPatil  Месяц назад +3

      Agreed and that where majority of the people get into debt trap and eventually compromise their lifestyle and wealth creation.

  • @shaikhshahid3091
    @shaikhshahid3091 Месяц назад

    Hii sir mujhe Ghar Lena hai taloja me kaise Le sakte hai mujhe nhi pata hai kaise kya karte hai please mujhe batao

    • @WandererPatil
      @WandererPatil  Месяц назад

      Mere channel par CIDCO ke vlogs hai wo refer karein

  • @sanketnegi1
    @sanketnegi1 Месяц назад

    The term very rightly used was notional value..
    After 15years sometimes you calculate the property value to be something.. but noone is ready to buy at that price..
    They would rather prefer a new flat by paying little extra.. and if there are lot of new flats available then it dofficult sell your property..

    • @WandererPatil
      @WandererPatil  Месяц назад

      Absolutely, people get emotionally carried away when it comes to property
      I also have another channel on personal finance and fraud prevention that might interest you
      ruclips.net/video/zQcuUcEOsOM/видео.htmlsi=V0iPeShHFUrAdYxw

    • @WandererPatil
      @WandererPatil  Месяц назад

      Thanks

  • @kateelamma3228
    @kateelamma3228 Месяц назад +1

    The number of unsold inventory in Navi Mumbai is much more than its being reported in print media. Even news of unsold inventory & incomplete & stuck projects are controlled by builders. Now again these builders are marketing their projects in the name of airport & Atal Sethu. There are many people who blindly invest in these projects & then start complaining about infrastructure & construction quality. If Builders are not serious about quality construction then unsold inventory will reach sky high just like our Mumbai & Pune regions. To conclude property should be bought only for personal use & never as an investment. Those times of investment are gone long back . Its was from 1995 to 2005.

    • @WandererPatil
      @WandererPatil  Месяц назад

      Yes I agree to you comment and very well put, just a correction from my personal experience and i may ne wrong here but I had bought a property in 2005 and sold it in 2020 for 9X price but the appreciation i observed was till 2013-14 before the storm of luxury properties.

    • @rathinkolekar
      @rathinkolekar Месяц назад

      @@WandererPatil Was it budget property? Also, do you mean that the budget properties don't appreciate well like luxury properties? Please advise.

  • @kambleaj
    @kambleaj Месяц назад

    Sir information is to good but
    i think calculation is missing
    sir you told initial value 35 Lakh but this is 3,50,000
    final value costs 55 Lakh but this is 5,50,000
    Thank you

    • @WandererPatil
      @WandererPatil  Месяц назад

      You are right thanks for correcting. Since the numerator and denominator carry the same range the output is correct for CAGR

  • @nandlalsharma2002
    @nandlalsharma2002 Месяц назад

    This is fact

  • @Yogeshwar_Dalvi
    @Yogeshwar_Dalvi Месяц назад +4

    I think entire navi mumbai properties are unnecessary hiked by builders. Mhada is selling 2BHK besides at Virar station at 44 lakhs. If Mhada can sell EWS flat at 34 lakhs in Goregaon then why can't Cidco in Vashi. Though Cidco is selling flat less than market price, but people don't know the headache in Cidco.
    1. Water Problem.
    2. You have to take your own electricity Meter
    3. Unless all flats are not sold Cidco will delay the society formation process.
    4. No proper maintenance.
    5. Huge pollution in Taloja which is out of control of Cidco and MPCB.
    6. Shirke is one of the worst builder. Leakages in bathroom and Toilet.
    7. Lift maintenance of buildings.
    8. PMC not collecting garbage on time. Property tax wrongly calculated for most of Taloja buidings.
    Please visit Aawari, Marva, Kedar and Dhanashri societies in Taloja and Kharghar.

    • @ashwindhole7579
      @ashwindhole7579 Месяц назад +2

      Yes I also think the same, especially in dronagiri and Pushpak nagar the property prices are unnecessarily hiked by builders In the name of navi mumbai international airport, which is important and useful but not that useful for majority people living in the area as airport is not a common mode of travel for common people

    • @Yogeshwar_Dalvi
      @Yogeshwar_Dalvi Месяц назад +3

      @@ashwindhole7579 EWS and LIG category people will not be using Air transport. Cidco is lagging in providing basic necessities like water and roads

    • @ashwindhole7579
      @ashwindhole7579 Месяц назад

      @@Yogeshwar_Dalvi yes that is what iam saying, in cidco or other private builder project people who will buy home in ulwe, dronagiri, taloja will be majority middle class and upper middle class, those people will buy home who can't afford in other areas of navi mumbai or in Mumbai or want to get a bigger home than previous and for that people airport is of no use or occasionally it will be used not regularly

    • @WandererPatil
      @WandererPatil  Месяц назад

      Yes i do feel that with CIDCO coming in with 60k housing opportunities it will force the market to correct

    • @surajgupta1711
      @surajgupta1711 Месяц назад

      Strong Disagree 😂, most of the information in not correct

  • @VNoname
    @VNoname Месяц назад +1

    Kharghar coastal road compltion date sir

  • @kamiltisekar259
    @kamiltisekar259 Месяц назад

    Navi Mumbai mei prices jyada ho rahe hai.
    Aisa lag raha hai kuch saal mei crores k niche baat nahi hogi.

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      Ye confirm hoga. Already bahot nodes main ho chuka hain

  • @govardhansonavane5219
    @govardhansonavane5219 Месяц назад

    Hi

    • @WandererPatil
      @WandererPatil  Месяц назад

      Hi,
      "माझे एक वैयक्तिक अर्थविषयक आणि फसवणूक प्रतिबंधक दुसरे चॅनेल देखील आहे, कृपया त्याला देखील सबस्क्राइब करा. तुमच्या समर्थनासाठी धन्यवाद."
      ruclips.net/video/zQcuUcEOsOM/видео.htmlsi=PBB5Yl4h2OHSX-UT

  • @LatheeshNair-vn3by
    @LatheeshNair-vn3by Месяц назад

    🙏🙏👍👍👍👍

  • @vipulkarde6973
    @vipulkarde6973 Месяц назад +3

    Airport is the worst possible hype ever created. Who travels to offc by airport 😂 upar sey uska deafening sound.. pura din ear plugs daalke baithna padega . Anyone who is buying homes in 1.5 km radius will jump to sell them at peanut prices once it becomes completely operational..best luck..
    Better to develop good infra facilities, roads, train connectivity, water etc..
    Taloja air quality.. pathetic..lung diseases ko khulla invitation...
    Stay away as per my little intelligence 😮

    • @WandererPatil
      @WandererPatil  Месяц назад +1

      I would agree to a certain degree but advantages of buying a property near airport
      Higher Rental yeild, Airports are generally build taking into consideration that other planned infra will be developed surrounding it.

    • @vipulkarde6973
      @vipulkarde6973 Месяц назад

      @WandererPatil for a 50 lakh flat with rents even upto 15k per month, the gross yield computes to 15k*12=1.8L / 50L = 3.6%
      Less society maintenance, property tax.. net yield would be lower than 2.5% .. capital appreciation of max 5-7% .. so all in all 7-8% increase
      This returns are easily achieved in FDs and Debt Mutual funds.
      I don't get why people would invest in homes .. especially 2nd homes.. as the supply of flats and unsold inventory will also keep a check on price rise, how much ever prime the area is.. Nevertheless people's choice.. thanks for your update

    • @ggau2005
      @ggau2005 Месяц назад

      Jet engines make lesser noise. You can enquire at santacuze, or vile parle residents.

  • @HappyHermitCrab-hl5vd
    @HappyHermitCrab-hl5vd Месяц назад

    2 lakh. Guntha plot available hai kya ?????

    • @WandererPatil
      @WandererPatil  Месяц назад

      There are plenty but invest only if you understand the long term reward v/s risk involved.

  • @bipinkalappa1808
    @bipinkalappa1808 Месяц назад +2

    The Airport is a failure and there is no real development. CIDCO will kill Navi Mumbai prices.

    • @WandererPatil
      @WandererPatil  Месяц назад

      Well too early to see the full advantage and how it helps the overall development but definitely CIDCO will force some of the entry and mid level projects to correct their prices

  • @chandukoparde28
    @chandukoparde28 12 дней назад

    Sirf rehne ke liye ghr kharido Investment mat kro