The next big real estate battle: Thane or Navi Mumbai?


Urban clusters that will emerge as the new ‘homes’ despite the work from home (WFH) trend will in all likelihood be close to the main city where a visit once or twice a week to the office will be doable. Worth looking at Thane and Navi Mumbai from that vantage.

The moment a real estate developer uses words like ‘saleable area’, ‘built-up area’ or ‘super built-up area’, my mind now automatically switches off.

Irrespective of the brand or offering–I lose complete trust on the developer.

My principle is simple: If one can’t follow the terminology (carpet area) that is legally binding to a regulator at the time of a sales pitch, it is unlikely that the developer will oblige his commitments to an individual home buyer.

https://www.moneycontrol.com/news/business/real-estate/the-next-big-real-estate-battle-thane-or-navi-mumbai-5752871.html

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