Worli – Buy a home of your dreams

Mumbai is the city of dreams, the city of film celebrities and the financial capital of India. This city is known as the real estate hub and attracts high-end investors. Those who are looking for luxury flats in the expensive areas of the city can consider Worli.

The main reason is because of the elegant lifestyle that Worli showcases. The real estate builders have made Worli a prime location for the affluent income group. The business class that are migrating to the city are preferring this area, as it matches well with their lifestyle, high standard of living and like-minded people in the neighborhood.

Other popular reason is the commercialization in South Mumbai. There are many businesses that are coming up in the southern Mumbai. Therefore, people are buying homes in the closer vicinity and Worli has fulfilled their needs. This has also attracted the upper middle-income segment as well.

As the property rates are stabilizing in Mumbai, this suburban area has attracted many investors. There are multiple residential projects coming up in this area. Making an investment in this location is worth every penny spent. Buying a flat in Worli can be tedious as well. Doing a proper research on the various residential properties before purchasing can be helpful.

Avoid falling in scam traps or try to hire a broker who can help you find a better home in your favorite location at the price you are looking for.

Be familiar with Malad before you buy a flat!

Located around 30 km from Churchgate, Malad is the north-western suburb having shorelines curves of Aksa, Marve and Erangal. The suburb houses several projects developed by major builders such as Rahejas, Retreat and so on.

Marve road is one of the major road in Malad west while driving from S V Road to Madh Island, from where one can take a ferry to reach Versova within couple of minutes. Malad West has well known schools, for example, St. Anne’s High School, Carmel of St. Joseph’s High School, St. Joseph’s High School and Ryan’s International School (mostly convent) as the area is dominated by Catholic community. Malwani and Jankalyan Nagar, territories in Malad West are homes to the Sikh Community while the Malwani locale is lived by the Muslim Community. Charkop, an extensive mechanical center point, is populated by the Maharashtrian, Gujarati and Marwari Communities.

Malad West has turned into an IT center and is home to a vast working class. Possessed by Mindspace, it has the biggest BPO park in the city adjoining Malad creek. Several renowned builders including Renuka Developers, Royal developers, Evershine developers and K. Rajeha have developed projects.

Malad East is one of only a handful few Mumbai suburbs that are spotless and free of contamination making it beneficial to possess a house. Some the areas in Malad are Govind Nagar, Pratap Nagar, Raheja Township and Mahindra Nagar, which was named as the second contamination free territory of the city. Malad East has numerous schools like Children’s Academy, Vidyalay, Fatimadevi, Velani Vidyalaya High School, Nutan, St. Francis English Medium High, Utkarsh Mandir, School and High Sanskar Vidyalaya. Few major builders of Malad east includes Atul Builders, Lalani Builders, Agarwal Group, Lok Housing and Mittal Builders.

So if you are looking for comfort and luxury at limited price, Malad is the right place for you.

Why buy flats in Panvel?

Panvel is undoubtedly the most enhanced region around all the areas of Navi Mumbai. At first Panvel was revealed 300 years back, now it is; undoubtedly a really composed city and the most progressive one. Because of its progressive development, Panvel is considered to be the hottest hub due to its close vicinity with Pune and Alibaug. Connected with Pune Express Highway Panvel appropriately gets favorable for people to drive successfully from Pune. As a substantial segment of the streamlined development that has extended in Panvel of late, residential and commercial structures have extended fundamentally to satisfy the hobby. Hence, people have been getting interest in Panvel stream that holds all the glory of this spot.

Here are some reasons you should know why to buy flats in Navi Mumbai’s Panvel.

1. Navi Mumbai area is set to hit some new high notes with the occurrence to the new International airport. These variables affect the private property markets, as the measure of units depend on them. Along these lines, we can say that, Panvel private business area will succeed, in the propelling future. Also the project of sea interface amidst Sewri and Nhava Sheva is to change the skylines of Panvel as the partition in the middle of Mumbai and Panvel may in like manner plunge certainly.
2. Panvel is brisk transforming into the major center between Mumbai Pune and southern Maharashtra. Proximity to Mumbai and Pune remains its most noteworthy stake. Panvel has been a salaried class zone for quite a while as stood out from the other Navi Mumbai center points, which are the elite. With the new overall storage heading up in Navi Mumbai, Panvel’s future has all the earmarks of being really ensuring.
3. Panvel is a secure locale, included by a decent flock. A vast segment of general society and civic amenities are entirely close and open, moreover transportation is also available. Panvel is heart of new Bombay that comprise of line station and harbor line that enhances it with best striking trademark like close Pune Express Highway and airport with best standard of living.hare on FacebookShare on TwitterShare on Google+

Navi Mumbai – the new residential destination

There has always been a rise in demand for real estate in the city of Mumbai. Living in the main city has its own charm, but many people like to live away from the hustle and bustle. People are moving to the suburban areas.

One of the popular locations is Navi Mumbai, the well-planned city as it is called. The area is larger and best connectivity to other centers of Thane, Panvel and Dombivali. There have been many residential projects that are coming up in Navi Mumbai. Moreover, the City and Industrial Development Corporation (CIDCO) has allotted 4750 acres of land to develop more residential units and offer better housing to accommodate more people who migrate from other cities and those who are looking for new homes in the greener part of the city. This land will be developed by government authority and only a part of it is given to the private builders.

Navi Mumbai has been attracting many people and one of the main reason is the new international airport that is coming up in Panvel. This has already resulted in boosting the real estate market in Navi Mumbai. Some of the popular areas where people are investing are Kharghar, Ghansoli and Koparkhairane. Though they are slightly expensive compared to the rest of Navi Mumbai. According to the recent trends, the realty prices on an average in Navi Mumbai is between Rs6000 and Rs8000 per sqft.

There are many affordable options available, especially in Airoli, Panvel, New Panvel and Roadpali. These are the best locations to invest and have the capacity to yield high returns in the future. The properties in Navi Mumbai are reasonably priced to target the middle-income group. This segment mainly likes to buy instruments for the long term and real estate is one of the best options.

Navi Mumbai is fulfilling the demand-supply gap by providing eco-friendly accommodation at affordable prices.

Why CHEMBUR is the hot destination to invest in property?

Charming Chembur always!

Chembur has dependably been an extremely enticing suburb of Mumbai. Indeed, even today, it holds some of that ‘Old Bombay Charm’ that has vanished in lately over two decades in most different parts of the city. A few green spaces still dab the rural area, be it as little open parks or the huge and placating breadth of the Chembur Golf Course. And the other parts of the city are enhanced with indulgent and sophisticated buildings, Chembur has still figured out to retain its charm. It’s not unprecedented, that even today we witness private bungalows and houses decorated with palm trees and gardens in a few sections of Chembur.

Chembur is a distinct and independent suburb in numerous way. As the suburb offers homes for all strata of society be it the business spaces, clinics, schools, universities, shopping centers, film theaters, eateries, lodgings or the nightlife spots.

Hot destination for property investment

Chembur turns being the hot destination for property investment in Mumbai as its annual appriciations speculation shoots up to 25-40% where its cost ranges from Rs. 17000- 17500/sq.ft. Moreove you get benefits of civic amenities that includes 24 hours water supply, power, better infrastructure facilities and lot more.

Connectivity to Mumbai

In the course of 5 years Chembur has turned being the heart of the Eastern suburbs. As the greater part of Mumbai’s north-south and east-west network is connected through Chembur. Closeness to Eastern and Western Express Highways makes driving simple to Bandra-Kurla Complex and alternate business regions of Mumbai. Having a home in Chembur now implies you can investigate plenty of travel choices to reach distinctive parts of Mumbai. Hence Chembur has turned being and exceptionally alluring spot on the Mumbai real estate map as it associate the focal Mumbai to Navi Mumbai.

Below mentioned are a few infrastructural projects that make Chembur, the hot destination for property investment.

1) Monorail Project

2) Metro Project

3) Eastern Freeway – Connects South Mumbai to Chembur and further up to Ghatkopar.

4) SCLR – Santacruz-Chembur Link Road connects Chembur to Santacruz via EEH and WEH

5) BKC-EEH –1.6km Flyover will connects Bandra Kurla Complex to EEH

Main factors that influence the Mumbai property buyers

Mumbai is the most expensive city to live in India. Home buyers search for properties in the city and prefer buying flats from renowned builders of Mumbai. Then again, there are few things that flat buyers need to consider before purchasing.

Standard of living

The personal satisfaction offered in an area influences the choices to buying a property in Mumbai. Those hoping to purchase 3 BHK flats in Mumbai belong to the upper-middle income group. They want to buy homes in the same locality where others lead a similar lifestyle.

Great infrastructure

Those hoping to buy luxury property in Mumbai in the luxury segment prefer to have a great road network when they consider buying a property.

Possibility of property appreciation

Most of the people buying properties in Mumbai are mainly the end users. There hasn’t been any noteworthy difference between new and resale property, basically because the property developers are sure that their units will sell at a good price. Moreover, the new home owners are assured that their units can sell off at a better price due to lack of housing in the city.

Final words

These factors have been of great impact on the real estate market in Mumbai. Buyers have become smarter and this has obviously affected the builders who are now offering homes keeping in mind what buyers want.

Real Estate: the smart way to invest

While we have stocks, shares, mutual funds and lot more options to invest, why would you consider investing in the property or real estate market to be the smart way?

On the off chance when you skim through the history, you will see that numerous elite families have made-up fortunes through extensive investments in property and real estate market. Area is a restricted asset, and the demand for it will always keep increasing with the growing population. Studies show that the the average of total assets of property-investors/ owners is extensively more than the average of assets of people living in leased property.

One of the biggest feature that helps property-owner is that each home loan installment goes towards building value to the equity rather than living in a leased home where each rental installment just goes into the owner’s pocket. After numerous years of making home loan installments, you will turn being the owner of the house. Whereas while paying of the rent despite, you don’t possess even one square feet of the property and need to empty the premises when the lease terminates or when your landlord asks. Hence the simple advise for you is to think that why would you spend a critical lump of your salary on helping another person pay off his home loan when the same can be utilized to pay off your home loan and have your own equity build up?

Yet another advantage comes here, the more value you construct the more the value of your average assets increase. An extraordinary advantage of ownership is that of property appreciation. The cherry on the cake is ever increasing inflation that for property increases double the rate. So, while you own the house you are spared from the rent prices shooting up also the value of your property goes up.

Smart property buyers/ investors choose to pick premium houses and apartments built by the reliable and reputed builders or real estate agents.

So if you are planning your purchase, western suburbs make a good option to invest in the property as there are several development projects going on with reputed builder such as, Tripolis by Ekta Tripolis in Goregaon, Aroham by Kanakia in Borivali as well as Orina nad Paramount by Rutomjee in Bandra.