* Property market in Year 2001 -2004 was quiet Ok, People were able to buy Flats in reasonable rates.
*Year 2005 -2006 , Some of the well known builders started the rates boom , flat which was at the cost of Rs.900 Sq Ft now became 2200 to 2800

Q: Are there any additional facilities ?
--> No. Same Scheme/Area , Flat sold at 10 Lacks Now selling at 25 Lacks . (Baner ,Aundh , Kalyani Nagar ,Pashan,Other areas)

Q: Why Property increased so High ?
--> IT people competition to buy sweet home .

Q: Who is going to Benfit from this Property Boom ?
--> Only Builders and some of the Politicians

Q: How is the Bank's support on Home Loans ?
--> Last Year , Bank gave the loan's at flexible mimimum rate,Now Banks has sufficient number of customers ,
(Trap) Slowly Banker's increasing interst at % 0.5 every month .

IT People Who bought house for 22 Lacks for 20 Yrs , Now became 23 Yrs with raise of 0.5 %

Q. How some IT people can face the problems in Future ?
--> Companies are Project Based, If Projects are not there then People will not be there ..

Q. IT salaries are high in Market , How much actually IT-people getting in Hand ?
--> People, Who bought house of 22 Lacks to 40 Lacks They need to pay EMI
15,000 to 35,000 for 20 Yrs. If Bank keeps same interst rates .
Suppose Salary is 35- 40 K Per Month, 20K will be the EMI

Q. Is there any "Terms & Condition or Processes to increase rates" ?
--> No , Depends on Buiders Greediness . Every builder follows the different strategies
Builder sold one flat 1500 Per Sqft in Morning and 1800 Per Sqft in the Evening ,
There are no records maitained ..

Q. Who made builders smart & greedy ?
--> Fool IT people .
No body is asking, Flat was sold at 12 Lacks , Why now 24 Lacks ?

Q. Is Corporation water & MESB available to all schemes ?
--> Some of the area don't have the Corporation water at all , People surviving on Water Tankers.

** MESB .. Under Table ,can be managed easily ..

Q. What will be the condition If We are not able to Clear the Loan ?
--> Depends on individual capabilities

Q. How We can stop Builders -Property Boom ?

1) IT People should stop buying flats having prices not worth for the property.

2) Once rates are reasonable , With some legal process get the Booking .

3) Check Facilities, Convince, Road Approach, schools & Mainly co-operation water
Don't go by certification and best project ,One of Project in the Baner got awards for best building & all, but Buildings Looks like Loading & Boarding.

4) Ask Questions If I buy 2 BHK in Pashan , Pimple Saudhagar & other areas at 12 to 30 Lacs , Do I get resale value in future?

5) Today you are capable for paying 1000 -3000 maintainance per month ? Will will be the same case after 20-30yrs after retirement .

6) In All, Don't stretch more to get the more & more loans other wise it will create unnecessary pressure and tension .