Suresh Raheja & his son Ashish have borrowed money thru Fixed deposits of more then Rs100 crs from the public under the name Raheja Legacy trust & Marg enterprises. Both the companies have defaulted their loan repayments since march 2019 & also not paid interest for financial year 2022-23. Victims have already filed complaint at EOW and will be soon meeting police commissioner & chief minister. They are constructing residential & commercial projects in Mumbai,Navi Navi Mumbai, Malad , Banglore & other parts of the country.
They sell flats with Sub-lease agreement' and not a 'Sale agreement' in Navi Mumbai township residential buildings called Raheja District Solaris. Never heard about this before. Anyone has a better view?
This was a really informative one....Good pace, good questions and equally insightful answers. Found Mr. Raheja extremely grounded for the stature that they are at in the real estate space! Request can you increase the frequency of these interviews.
Sheesh Kebab! The video was so comprehensive, covered almost all aspects of realty business. Ashish is an absolute genius for real Kudos to you and your team!
The Hype is not hype anymore. Its real. Go look in Navi Mumbai its has advanced a lot in past few years. And in next 2-3 years its gonna transform thank to infrastructure influx and creation of smart cities like pushpak nagar and Naina. By then 3rd mumbai will start taking shape around 4-5 years down from now.
@harshalgawai746 Abe Navi Mumbai is still overpriced, the price of flats in Nerul and kharghar is same as flats in tilaknagar , chembur. That's bullshit 😂. Poora golmaal he end me.
What a great video and great series Real Deal. You're giving your subscribers and viewers access to real estate info that we wouldn't get individually otherwise. Thanks Vishal.
Finally watched this entire episode and I’m going to be rewatching it again and again just because it’s only through spaced repetition will I be able to better absorb Ashish’s insights. Vishal, great job with the questions 👍🏻
great episode, but again like last 2 episodes the audio of this episode also wasn't as clear as vishal's the tenant videos . but the captions helped a bit
That is a issue of low knowledge of homebuyer. Why didn't you invest time in knowing neighbourhood and then decide whether to buy or not. Why rely on person who is selling you product for knowledge of product. Use your own intellect. Don't follow the herd mentality.
Please get on board some old school traditional developer like Arihant, RNA NG, Akshar developers . It would be nice to hear insights from them. RNA NG guy told me that they don't do any pre launch and open booking only when project is 50 percentage complete
An excellent insight into the high level real estate world with a professional who has great clarity of thought and can be witty at times as well. Keep it up Mr. Vishal...
Sir main shillphata junction par hi. mai invest kiya tha 1bhk. Acha return mila. Rent bhi acha araha. Abhi us property ko hold kar ke rakhen. ya saleout kar kahin aur invest karen??
Navi mumbai can never be 2x of Mumbai. The western suburbs despite of being in so close proximity didnt go 2x how can navi mumbai be, irrespective of any development.
Mthl atul setu straightto south bombay 10 minutes...new navi mumbai d.b.patil international airport...upcoming mumbai hyderabad high speed rail corridor!!! You name it it's all happening here because island of Bombay is saturated only development is slum redevelopment remaining that will also get saturated one day, Adani redeveloping dharavi slum...but as Mr.Raheja said new canvas means new landmass that only available in abundantly in navi mumbai mmr!!!
A non-rhetorical question - Why is it difficult to build or replicate something like South Mumbai in terms of architecture and elegance in new developments or cities? Also, a lot of buildings and projects start looking ugly after a couple of years, especially with people making outward facing architectural changes. Perhaps that should be taken into account while designing in the first place?
Great video from a viewer perspective. It also in a not so crude way tells that if u want a house in mumbai u need to shell out 2cr + because cost is utna he .. else get lost .
The kind of guys you invite for interview are playing altogether different ball game... Brilliant interviews, Vishal !! I'm from Thane... Its good for someone like me to get a perspective about mumbai real estate market... Thank you, Vishal... Keep coming up with such interviews And the audio quality is very good now
Navi Mumbai, Pune , Nasik These Cities Got Values Because they Are Situated Near Mumbai, And The Fact that Development bla, bla , bla Because Mumbai City Has been Expensive for IT industry they are shifted into these city , And By the way Mumbai Is Metro City And Has Better Law and Order, Infrastructure, Women Safety, Compare to Navi Mumbai, Pune So dont Compare Mumbai City With Navi Mumbai and Pune , Yes U can Compare Mumbai Suburban Areas with Navi Mumbai and Pune.
Thats what he did. He compared suburbs of mumbai like thane, Mulund, Bhandup with vashi, panvel, sanpada. Navi Mumbai is beating this suburbs in long run cuz of infra that is given to it. And more is coming which is crazy. Maharashtra is investing a lot in Navi Mumbai. No area in Maharashtra has as much money poured into it. Mumbai uber locations of worli, Bandra, sobo will all be premium in future. But hustle and Bustle of Mumbai is gonna shift to Navi Mumbai and further to 3rd Mumbai. This picture is crystal clear to me.
This podcast is a great reminder to middle class public that ship has sailed on investment in urban properties. All the land parcels are owned by these big guys and they can set the price, desperate people have no choice but to buy at their said price. All their launch price already accounts for next 5 year worth of upside to large extent. As Raheja himself admitted, phase 1 people will make profit (even that is little as Raheja has in most cases already taken some of that profit except I guess Kharghar). All the rest phase will only get measly rental yield. Even small builders who come after Raheja will charge similar launch price maybe 10% lower than raheja but still the same. I live in US and big difference here in US is that people here still have options to build their own properties with independent builders and only the very central places are owned by big corporations. So, the prices are still almost always decided by supply -demand. In India its not the case, it is decided by these big mafia nexus and politicians.
Still people are busy in cheering for thier fav politicians not demanding any laws that will improve their condition in real..and politicians are busy in minting money by printing bad laws..
Most new jobs are in Navi Mumbai, Infact jobs are even moving from Mumbai to Navi Mumbai especially IT. Only financial services corporate HQ are still looking to stay in Mumbai, they still have offices in Navi Mumbai.
Already prices are so escalated ,... Its pathetic property prices are so high and the taxes are huge. Some say Pune will cross prices of Navi mumbai.. Kya ch*** hai
Government should control the Real estate Mafias. These Mafias have increased real estate prices n Mumbai and now they doing same in Navi Mumbai. Unfortunately all these real estate mafials are friends of Fadanvis and Shinde so no action will be taken against them.
I am dealing in property in Mumbai. During last 10 years property prices have gone up only marginally. But before that during Congress rule Real Estate prices went through the roof. We property dealers had good time. I also want the Congress party to come back so that again property prices will go up and we can have good income.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Suresh Raheja & his son Ashish have borrowed money thru Fixed deposits of more then Rs100 crs from the public under the name Raheja Legacy trust & Marg enterprises. Both the companies have defaulted their loan repayments since march 2019 & also not paid interest for financial year 2022-23. Victims have already filed complaint at EOW and will be soon meeting police commissioner & chief minister. They are constructing residential & commercial projects in Mumbai,Navi Navi Mumbai, Malad , Banglore & other parts of the country.
Boss real estate is bestest invaaastment .
All builders using politician black money strong Nexus in both partys
@@Pedals_n_brewsinvestment ki spelling toh dhang se likho sirji😅
@@bhaveshvaity1655 bhavnaoo ko samzho yaar
Can you substantiate this? @rajeshkhatri5765
They sell flats with Sub-lease agreement' and not a 'Sale agreement' in Navi Mumbai township residential buildings called Raheja District Solaris. Never heard about this before. Anyone has a better view?
#DreamCatcher_Life Could you please share the difference in those agreements
Subleasing means re-renting…
In navi mumbai the land always belongs to cidco and is leased to builders. Nobody can own this land
Yes and when the lease term is finished it gets extended@@rajeshmahadevan9683
Oh so there is no freehold ! That's an eye opener
This was a really informative one....Good pace, good questions and equally insightful answers. Found Mr. Raheja extremely grounded for the stature that they are at in the real estate space! Request can you increase the frequency of these interviews.
Sheesh Kebab! The video was so comprehensive, covered almost all aspects of realty business. Ashish is an absolute genius for real Kudos to you and your team!
No doubt he has projects in Navi Mumbai and is creating some good old FOMO right here with influencer marketing.
The Hype is not hype anymore. Its real. Go look in Navi Mumbai its has advanced a lot in past few years. And in next 2-3 years its gonna transform thank to infrastructure influx and creation of smart cities like pushpak nagar and Naina. By then 3rd mumbai will start taking shape around 4-5 years down from now.
@harshalgawai746 Abe Navi Mumbai is still overpriced, the price of flats in Nerul and kharghar is same as flats in tilaknagar , chembur. That's bullshit 😂. Poora golmaal he end me.
What a great video and great series Real Deal. You're giving your subscribers and viewers access to real estate info that we wouldn't get individually otherwise. Thanks Vishal.
what knowledge of Mumbai this guy has ... Brilliant!
I would suggest u for real estate
What a first class interview. So many learnings
Finally watched this entire episode and I’m going to be rewatching it again and again just because it’s only through spaced repetition will I be able to better absorb Ashish’s insights. Vishal, great job with the questions 👍🏻
I liked his SOHA abbreviation, that’s more accurate than SOBO
One of the best videos on understand Mumbai real estate. Good questions with insightful answers.
I found Ashishji extremely knowledgeable intelligent and honest.Open minded too.Congratulations to put up this show
Builder maafia and politicians set the prices,not the market forces,its a fact in urban areas 😂😂😂
Then what kind of democracy were people saving with rahul gandhi or hoping for 400 paar.
100 percent agree, majak banake rakha he.
Crazy to think Navi Mumbai can ever overtake Mumbai rates.
Are you crazy South Mumbai is beautiful and charming
😂😂😂😂
@@dandshidriseshaikh9857 read what I wrote. Slowly.
It is not the price over taking. It is all about percentage grown of the property.
@@shivaji735 you missed the part where he compared seawoods rates to Powai.
Wish to see Niranjan hiranandani sir on this podcasts channel
Navi Mumbai Review Starts at 32.00 minutes
God bless you!
😂😂😂
Thanks bro
Thanks 😊
great episode, but again like last 2 episodes the audio of this episode also wasn't as clear as vishal's the tenant videos . but the captions helped a bit
That's how a builder says ooo nothing will come infront of ur building and in NXT 2 yrs a sky scraper comes rite in front n blocks ur view
That is a issue of low knowledge of homebuyer. Why didn't you invest time in knowing neighbourhood and then decide whether to buy or not. Why rely on person who is selling you product for knowledge of product. Use your own intellect. Don't follow the herd mentality.
Please get on board some old school traditional developer like Arihant, RNA NG, Akshar developers . It would be nice to hear insights from them. RNA NG guy told me that they don't do any pre launch and open booking only when project is 50 percentage complete
What a legendary interview
An excellent insight into the high level real estate world with a professional who has great clarity of thought and can be witty at times as well. Keep it up Mr. Vishal...
This was a very great learning session, especially the math he laid out.
Insane insights and detailed information . Superb
Great learning... thoroughly enjoyed the show. Subscribed.
Amazing podcast 👍
Great interview! Such great insights! Can we have some commercial developers as well on the show ?
Sir main shillphata junction par hi. mai invest kiya tha 1bhk. Acha return mila. Rent bhi acha araha. Abhi us property ko hold kar ke rakhen. ya saleout kar kahin aur invest karen??
I think you should sell it only when airoli tunnel opens up...that tunnel will connect shil phata, mumbra dosti to airoli
@@herambpatkar ok sir thanks to reply
Kitna mai invest Kitna Kitna bhav bada
@@herambpatkar Airoli Katai naka is your maker. Hold on to property. Sell only if you have next idea to buy some other location.
Please add markers on the video with the questions so we can scroll
Great questions. Super insights intertwined with captivating analogies. It felt like attending a top-tier real estate masterclass. 💥
Glad you enjoyed it!
Navi mumbai can never be 2x of Mumbai. The western suburbs despite of being in so close proximity didnt go 2x how can navi mumbai be, irrespective of any development.
So true.
I disagree i can see what happened with delhi and new delhi will happen with mumbai and Navi Mumbai
@@ankitabhu2 sahi pakde hai.
City center might entirely shift
Mthl atul setu straightto south bombay 10 minutes...new navi mumbai d.b.patil international airport...upcoming mumbai hyderabad high speed rail corridor!!! You name it it's all happening here because island of Bombay is saturated only development is slum redevelopment remaining that will also get saturated one day, Adani redeveloping dharavi slum...but as Mr.Raheja said new canvas means new landmass that only available in abundantly in navi mumbai mmr!!!
Loving this series. Please invite Kamal Khaitan next
Brilliant show... loved it
Great knowledge , top content Vishal.
Splendid episode, so much to learn!
One word Vishal - Brilliant 👏 !
Thanks. Ashish was indeed brilliant and frank
A non-rhetorical question - Why is it difficult to build or replicate something like South Mumbai in terms of architecture and elegance in new developments or cities?
Also, a lot of buildings and projects start looking ugly after a couple of years, especially with people making outward facing architectural changes. Perhaps that should be taken into account while designing in the first place?
Great Video , audio is also improved
Water and even electricity is problem in Navi Mumbai
Electricity is not problem in NM. I know water is.
He contradicts himself by saying we go slow on pricing on our initial towers and goes on to say one should start with 6s like t20!
He contradicts himself on Pali Hill also.
Loved it. Learnt many things about real estate. Keep it up.
Thank you
Amazing interview.
Nice Informative video
Sir , plz go to kharghar..price is going down.
Thanks 👍🙏
Damn he is so cocky...said in good sense. Confident in replies... Good analogies and bambaiya language touch
Great talk lots of insights….
Planning Property buying in Navi mumbai ?
Wow. It was like attending a class on real estate taken by a top professional from Harvard Business School
Great video from a viewer perspective.
It also in a not so crude way tells that if u want a house in mumbai u need to shell out 2cr + because cost is utna he .. else get lost .
We had purchased for thirty lakhs and now it is three crores
Where did u purchaced?
The kind of guys you invite for interview are playing altogether different ball game... Brilliant interviews, Vishal !!
I'm from Thane... Its good for someone like me to get a perspective about mumbai real estate market... Thank you, Vishal... Keep coming up with such interviews
And the audio quality is very good now
Glad you enjoyed it
Kharghar nerul sanpada we can't think of
Lovely episode! Enjoyed thoroughly.
Sound seemed bad
Could have been much better
Mic to acha lelo bhai
DISCOUNT APPLY WHEN IT IS A COMMODIFIED 🔥🔥
Navi Mumbai apartments is owned by businessmen and NRIs and people who don’t travel much to work in south Bombay. Thane is much better.
One of a kind
Splendid conversation 👏🏼
Thanks
Please get Mr. Vikas Oberoi
34:45
This seems to be a platform to advertise their products
Navi Mumbai, Pune , Nasik
These Cities Got Values Because they Are Situated Near Mumbai,
And The Fact that Development bla, bla , bla
Because Mumbai City Has been Expensive for IT industry they are shifted into these city ,
And By the way Mumbai Is Metro City And Has Better Law and Order, Infrastructure, Women Safety, Compare to Navi Mumbai, Pune
So dont Compare Mumbai City With Navi Mumbai and Pune ,
Yes U can Compare Mumbai Suburban Areas with Navi Mumbai and Pune.
Thats what he did. He compared suburbs of mumbai like thane, Mulund, Bhandup with vashi, panvel, sanpada. Navi Mumbai is beating this suburbs in long run cuz of infra that is given to it. And more is coming which is crazy. Maharashtra is investing a lot in Navi Mumbai. No area in Maharashtra has as much money poured into it. Mumbai uber locations of worli, Bandra, sobo will all be premium in future. But hustle and Bustle of Mumbai is gonna shift to Navi Mumbai and further to 3rd Mumbai. This picture is crystal clear to me.
Sounds exactly like a real estate salesperson. Oh wait 😂😂
I didn’t hear / understand half of what this guy Raheja says, he has some pronunciation problems
Maybe check your ears or speakers 😀
@ yeah may be my ear has an allergy with Raheja or the speaker is designed to omit his voice. Lol
This podcast is a great reminder to middle class public that ship has sailed on investment in urban properties.
All the land parcels are owned by these big guys and they can set the price, desperate people have no choice but to buy at their said price. All their launch price already accounts for next 5 year worth of upside to large extent. As Raheja himself admitted, phase 1 people will make profit (even that is little as Raheja has in most cases already taken some of that profit except I guess Kharghar). All the rest phase will only get measly rental yield. Even small builders who come after Raheja will charge similar launch price maybe 10% lower than raheja but still the same.
I live in US and big difference here in US is that people here still have options to build their own properties with independent builders and only the very central places are owned by big corporations. So, the prices are still almost always decided by supply -demand. In India its not the case, it is decided by these big mafia nexus and politicians.
Still people are busy in cheering for thier fav politicians not demanding any laws that will improve their condition in real..and politicians are busy in minting money by printing bad laws..
Godrej, raheja, tata, lodha, reliance, etc approx 20 people own mumbai.
2x jitna return chaiye tha toh one should ihave invested in Vedanta shares CMP 444
Scam promoter and company.
He will move price per his requirement. Normal shareholders will get nothing
If one has to go to work in BKC, Lower Parel, Worli, South Bombay, living in Navi Mumbai is a pain, even with Govandi being smooth.
Most new jobs are in Navi Mumbai, Infact jobs are even moving from Mumbai to Navi Mumbai especially IT. Only financial services corporate HQ are still looking to stay in Mumbai, they still have offices in Navi Mumbai.
Already prices are so escalated ,... Its pathetic property prices are so high and the taxes are huge. Some say Pune will cross prices of Navi mumbai.. Kya ch*** hai
Hindi mei bolna hai toh this is pure CBD!
Basic necessities are also tough we cannot
talk about amenities in Navi Mumbai
What? Have you ever visited Navi Mumbai? It has better infra than Mumbai.
@@rho992 yes we are from Navi Mumbai
@@rho992 we are staying in sector seventeen vashi in prime location and good society but the mentality is the same they can't change
@@rho992 people don't do shopping they come to old Mumbai restaurant jewellery picnic spot many more
Then we have problems related to water supply electricity basic necessities cleaning sweeper they can't afford etc
In your podcast plants are distraction
Wese konsa bhaav kum he, already bhav aukad se bahar he, abb Mumbai ko Ambani ko bhech do unke paas itna maal he.
kitne chatu logo ne wah wah kiya hai 😂
Overpriced dump with pathetic infrastructure 😂
lodha doesnot want any builder to sdrop .prices have to drop 50% in mumbai
chapri log gyan chod ra hai
Zubaan ko lakwa maar gaya lagta hai
Translate in hindi language
Hindi me bolna.angrej
GOOD JOKE
Chor raheja
Navi Mumbai mentality is not so good
Kaun kaun gali Dena chahta hai isko? 😂 Mumbai se jyada price Navi Mumbai ka? Sala kuch bhi fekega 😁😁😁😁😁
Already, Navi Mumbai prime rates are more than Mumbai Suburbs.
@@rho992chup do qoudi ka agent
Check Seawoods Pricing. You'll understand.
Far premium than many areas of Mumbai.
😂😂😂
Government should control the Real estate Mafias. These Mafias have increased real estate prices n Mumbai and now they doing same in Navi Mumbai. Unfortunately all these real estate mafials are friends of Fadanvis and Shinde so no action will be taken against them.
I am dealing in property in Mumbai. During last 10 years property prices have gone up only marginally. But before that during Congress rule Real Estate prices went through the roof. We property dealers had good time. I also want the Congress party to come back so that again property prices will go up and we can have good income.
And now Raigad will e the next business hub
Bloddy real estate mafia;s