Monday, August 25, 2008

PLOTS FOR SALE ...IN PRIME LOCATIONS IN MUMBAI.

KHAR, BANDRA , SHAHSTRI NAGAR (SANTACRUZ) and more.....
All the plots are in the prime location in mumbai and measuring minimum 597.21 sqr mtrs.
A plot in Khar west measuring 597.21 square mtrs just just for 3,10,14000/- (three crores ten lakhs fourteen thousand only.) Where a flat mesuring 1000 square feet of built up area is for approx minimum minimu 1.5 crores ( one crore fifty lakhs) and the plot of 6428.314 square feet.
On a plot of 6428.314 square meters minimum 20 flats measuring 1000 plus area can be constructed and the with an additional FSI purchase from the market, and each flat is sold for minimum 1.5 crores, this is the minimum price one can buy the flat at, which actually is false there is no flat in khar (w) measuring 1000 sq ft avialable for 1.5 crores, the price is more then 1.5 for sure in the area I am talking of (7th road Khar west, mumbai-52).
But the plot is definately valued at 3,10,14000/- (three crores ten laks fourteen thousand only) just to save the stamp duty by the builders which actually is the loss to the state.
This is not just 1 case in the above mentioned plots, the value is under estimated just to save the stamp duty....what are the stamp duty officials doing about this...
Is any body listening......?