34 Park Estate
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What residents appreciate the most
The project is developed by Chandak Group, a known entity in the real estate sector, which has also been noted for offering special deals and focusing on traditional home features like balconies in their designs.
Chandak 34 Park Estate Goregaon West in Mumbai is a well-executed development.
Chandak Group unveil exclusive offers for homebuyers.
Chandak Group brings back the charm of homes of the olden days.
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The development is described as spectacular, well-executed, and gorgeously built, aiming to provide a serene residential environment. It is designed by international experts to deliver a world-class living experience.
This under-construction project... is designed by international experts in urban development to deliver a world-class living experience.
The spectacular 34 Park Estate Goregaon West in Mumbai is a well-executed development. It is a gorgeously built, serene residential building that will surely impress you.
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The project provides a variety of residential options, including 1BHK, 2BHK, and 3BHK apartments, catering to different family sizes and preferences.
Chandak 34 Park Estate offers 1 BHK apartment in the range of INR 94 lakh – 2.29 Cr.
It offers lavish 1BHK, 2BHK & 3BHK homes.
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The project offers a luxurious lifestyle with upscale residences and a range of modern amenities, contributing to a vibrant neighborhood ambiance.
Discover luxury living at 34 Park Estate, offering upscale residences and modern amenities in a vibrant neighborhood ambiance.
Chandak 34 Park Estate is luxurious project in Goregaon West. It offers lavish 1BHK, 2BHK & 3BHK homes.
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A 1 BHK unit in the project was registered at approximately Rs. 26,862.71 per sq. ft, with overall prices for 1 BHK apartments ranging from INR 94 lakh to 2.29 Cr, which is considered within the expected price range for properties in Mumbai.
The flat on floor 34 on Wing C, unit number 3,401, spanning an area of 391 sq. ft, got sold and registered at Rs. 1,05,03,320. The flat price per sq. ft is Rs. 26,862.71.
Chandak 34 Park Estate offers 1 BHK apartment in the range of INR 94 lakh – 2.29 Cr.
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The project is situated in Goregaon West, a highly sought-after area in Mumbai known for its active property market and attractive amenities, making it a desirable location for residents.
Goregaon West has become a hotspot for property transactions. Its prime location and amenities have made it an attractive option for investors.
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Where residents want improvements
The real estate market in India, particularly in major cities, is heavily influenced by unaccounted wealth (black money). This artificial demand inflates property prices, making it challenging for salaried individuals to afford homes through legitimate means and contributing to a perception of a rigged market.
Normal laws of demand and supply doesn't apply in Indian real estate market... black money has no where else to go except real estate and hence prices will nvr fall unless the corruption problem is solved.
The bubble won’t burst unless the government takes a serious and aggressive crackdown on corruption and black money.
Sara black ka paisa h jiski vajah se property rates etne inflated hai. Property is the only way to park your black money.
Personal opinion I feel correction should happen but due to so much black money involved, I do not know if places which are over the moon will see a dip.
Real estate is the only place that can absorb so much black money. Until India solves this issue, the real estate market will remain buoyant, more or less.
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The project is currently under construction, which carries inherent risks such as potential delays in possession, unfulfilled promises regarding amenities or quality, and financial uncertainties for buyers. Under-construction properties are often seen as risky investments due to potential builder issues and project stalls.
People are seduced by cheap pricing for 'underconstruction' or 'prelaunch' properties and then suffer builders' wrath.
Under construction homes will be the worst place to put money in.
All the apartments in this project are currently being constructed.
There's always a risk when building big projects. The project can get stalled if you couldn't get further financing. There are challenges with regulations, morons pop site clauses halt construction can go to legal routes. There are design flaws, mismanagement, supply chain issues like sudden shortage or increase in cost of materials, labour shortage etc.
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Properties in Mumbai, including those in Goregaon West, are generally perceived as having sky-high valuations. This raises concerns about whether prices are justified by local purchasing power and if they offer true value for money, making homeownership challenging for many.
Mumbai real estate is expensive due to high demand and limited land.
Everything is 2Cr+ who is buying these properties.
It's an outright scam involving the highest authorities. Consider Mumbai - They charge a bomb for a flat but give you matchboxes to live in. Absolutely no value for money.
In Mumbai you do not pay for the flat itself. You pay to live within a community you like. You pay to keep unwanted people in Virar/Vasai. Flats are sooo expensive that peasants can't purchase them. Or even if they do, they regret it.
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Real estate in India is often an illiquid asset, meaning it can be difficult to sell quickly at the perceived market value. Buyers may face challenges finding purchasers at their desired price, potentially leading to longer holding periods or selling at a lower-than-expected price, impacting actual investment returns.
There is a value of a property, and then there is sale value. For example, the market value you hear could be 1.3cr, but there might not be any purchasers for 1.3cr. Under these circumstances, unless urgent, somebody chooses not to sell till they find someone buying for 1.3 cr. This can take over a year too, thus reducing the actual returns.
Real estate is ill liquid asset unlike equity.
One of my relatives has a plot of land he's been trying to sell for the last 2 years. Neighbours said that the market price is around 36 Lakhs in that area. In reality, he's not finding any buyers even at 30 lakhs. Don't go with these notional market values.
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There are general observations that newer constructions in Mumbai often lack quality, with common complaints about poor build, inadequate parking, inconsistent water supply, and unfulfilled promises regarding amenities.
Most houses and apartment complexes are poorly constructed, issues with parking, water supply and (so called) amenities.
The newer houses lack quality especially Lodhas I admire the old colonies made before 2000s. They were soo spacious, a maximum height of 3-5 floors only. One could plant a tree, play and even park their vehicle.
Ain't every construction the same nowadays...and spacious flats are nowhere affordable for the common man tbh.
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Despite the high cost of properties in Mumbai, buyers often receive relatively small living spaces, sometimes referred to as 'matchbox apartments.' This indicates a poor price-to-area ratio, where premium prices do not necessarily translate to generous square footage.
In Mumbai the only options for a non-millionaire are pretty much overpriced small apartments where you get 3rd world views for NYC/London prices, room sharing or slums.
I expect price to be 2 cr+ for even a 1bhk in proper Mumbai.
They charge a bomb for a flat but give you matchboxes to live in. Absolutely no value for money.
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