Real Estate Market continues to treat the customer as King by launching various new products in different categories. Some realty analysts have falsely claimed and continue to hang on the opinion of a slow down in real estate market in general which is a dangerous claim [insert link]. As a result it makes a lot of home buyers (whose interest is solely end use for self consumption) as fence sitters and plays a spoiler into participating a product which really suits their need.
Yes some projects are stuck, delayed and over supplied in a given micro market by failed developers and hence are not selling but these projects are not representative of the market as a whole.
There will always be such developers who are not responding to the demand infact are operating under old school beliefs of making self fantasy fulfilling products( contrary to [insert link] How developers are researching and making homes affordable in expensive micro markets) and then trying to push down customers throat.
Real Estate homes is a long cycle product (atleast 3-4 years of product creation cycle, along with the characteristic of high involvement decisions from a home buyer makes the sales process complex) and hence is a dangerous approach as market taste shifts by the time the product gets ready.
To assume a sample erroneous situation to be as the whole can lead to missed opportunities of great products in your dream micro-markets, which can be really costly in terms of cost of acquisition for you.
The reason for this supply is an evidence of new product categories being developed by more informed and well researched developers to which customers are happy responding. Recent successful launches in market are a testimony to why real estate market continues to transform itself to live upto the expectations of affordability and quality product with the promise fo delivering on time. With this positive outlook of new upcoming products we list down some projects (call it new supply in the real estate market) 🙂
We are offering information on NEW SUPPLY in PRIMARY MARKET (new projects by developers) in South Mumbai – Sobo
With a hush hush tone and under strict RERA disclaimer*(we aren’t marketing any non-approved project) we are just taking our binoculars out to foresee our future in the upcoming quarters.
TOP 10 new LAND PARCELS rumoured to be launched*
[Last Updated on 5th March 2019, below stated are tentative months for their RERA launch announcements]
March 2019 -3 Projects
- Mahim – 60 Acres, near Kanakia Miami, Sea View Facing Apartments by a big developer- 2/3/4 BHKs
- Mahalaxmi – Part of 21 Acre development, Tower 5 (the last one) of a famous developer – 3/4BHKs
- Worli – Single Tower- by a relatively upcoming developer
April 2019 – 3 Projects
- 3. Marine Drive – 2 Towers 67 Stories by Pune’s biggest developer
- Marine Lines – One Tower 65 Story with a Jain Temple nearby
- Tardeo – Near Heera Panna, by a renowned developer
Oct 2019 – 4 Projects
- Dadar – by a renowned developer with existing projects in Sewri, Parel and Byculla
- Worli – Single Tower Sea Facing Residences by a Famous Rehab Developer in Dadar Area
- Sewri – 1.5/2BHKs by a renowned developer with existing projects in Sewri, Parel and Byculla
To have 1st mover advantage([Insert Link] Why does everyone in Real Estate Sell this term?) and to discuss launch offers for these projects connect with us. We would love to have a call or a face to face meeting with you post call incase you are interested in evaluating these options. Just a casual discussion over a cup of coffee no hard selling promise!
* RERA DISCLAIMER: This information is solely intended to bring information to end readers about the tentative new supply in the coming quarters in the year 2019 so as to empower them with information. This is not meant to market an developer or a project which is not yet registered under RERA. For Full Disclaimer please also read [insert link]