2 BHK flats in Thane – A blessing in disguise

There is a sea of options when it comes to buying newly constructed 1 or 2 bhk flats in Thane. These apartments are fully equipped and are located in the highly developing areas of the district. This makes these housing developments a great adobe for people willing to lead a balanced lifestyle. The area is neither too crowded nor too deserted. The extremely well-planned connectivity and access to civic amenities make this region one of the best for modern living. Let’s go over the following benefits of investing in a real estate project in Thane.

Easy Access to the City:

There are numerous real estate companies in Thane that have housing complexes in centrally located areas. These localities are connected to the main city from all ends. You could either take the Eastern Freeway on one side or take the Ghodbunder Road that connects you to the western suburbs of Mumbai. There are many flyovers and highways that merge at Thane making it a highly commutable area.

Scenic Views All Around:

Thane is a locale surrounded by luscious hills and creeks. This creates an opportunity for property builders to construct homes with scenic views of bountiful nature. You will find hill facing, creek facing, and forest facing homes that strike the right balance between man-made and nature-made wonders.

All Kinds of Civic Amenities:

The area also has all sorts of civic facilities including renowned schools, colleges, multi-specialty hospitals, entertainment hubs, supermarkets, technology parks and more. They are the life and soul of any vicinity that fuels satisfied living. This is why buying 1 or 2 bhk flats in Thane is a blessing in disguise. It brings about a world of opportunities and amenities that facilitates a wholesome residential experience.

Amazing Price Ranges:

This is another perk of purchasing a property in Thane. The price ranges are much more favourable as compared to the suburbs in Mumbai. If you are looking for spacious homes at affordable ranges, this area is sure to fit the bill. There are various realty dealers in this zone that offer a wide range of enticing property options. The price ranges are constant in all the regions of the district.

These are the major advantages of buying a home in Thane. The development projects are great for domestic as well as NRI property investment. It is a wise decision for a buyer to invest in a residential property in this vicinity. However, it is also vital that you make a comparison of the offerings by different dealers and builders and to do a background check of their previous deals.

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Are you visiting a site? Don’t miss out checking on these

When you are in the process of buying an apartment whose construction is still underway, you should never hurry on the contrary you should take things slowly. Now that you are in the middle of the selection procedure and have zeroed in on a few under construction projects in Thane, Ghatkopar, Chembur, and other areas of Mumbai, these are a few things to keep in mind before the site visit. You have to investigate the property just like a detective; after all, it is an investment decision that involves a lot of money.

1.    Goodwill of the builder and brand

Before you buy the property, it is very crucial to know about the profile of the builder and the brand completely. It would really be helpful to enquire about the past projects of the builder. If you could go and talk to the people, who have purchased flats from the real estate companies you are considering then nothing like it. You always have the option of visiting the site of the builder and check on the completed and the ongoing projects. Word of mouth in such cases is very important. You have to speak to the previous purchasers of apartments from the same builder to get a valid testimony.

2.    Connectivity to your workplace

This is another important feature to pay attention to. The property that you have decided on should not be too far away from your workplace. If that is the case, then more than the required time will be spent in travelling to and fro. It will amount to a huge loss of time. If you do not consider doing anything else other than your office job and if your workplace is far from the flat and it is okay with you, you should at least check for the connectivity options from your apartment to your office location. There should be ample transportation facilities that should be readily available to you to commute easily.

3.    Resale potential of your apartment

When you are buying a 1 or 2 bhk in Thane, Chembur, Andheri, and other areas, you are either looking at staying there personally or making an investment purchase. Whatever the case may be, you should always be sure that when you sell the apartment or look for potential buyers who are on the lookout for a resale apartment, your apartment is sold for a good profit amount. This can be possible if the place where the property is located has chances for development, perhaps a metro line coming up in the vicinity, proximity to the train station and bus depot, and the likes.

These are some of the dynamics you should look into and be sure of when you are visiting an ongoing apartment site. Various real estate companies in Mumbai help you find the right property at the right price, which makes the process a lot easier.

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2017 – The year of the great Indian real-estate renaissance?

The last year has been full of astonishments, bold decisions, shock value and policy changes from the government. However, all of these haven’t just been the characteristics in the real estate sector; this has been the case for the entire spectrum of Indian industrial space. A lot of ground has already been covered by the policy changes that have been put in place to make the real estate sector more organised and make it like a real entity and have also led to a lot of credence to the real estate transactions in the country. Some very pertinent regulations were put in place, for instance, increase the FDI cap or the Benami property transaction Act. The Real estate sector can no more be neglected by the government because it contributes substantially towards the GDP growth. These are the reasons that will make 2017 a huge year of change for real estate companies.

Fix civil administration responsibility towards providing infrastructure

There are almosts 90% real estate projects that are planned based on the planning of the infrastructure by the then running government. To get the infrastructure running to the required scale in the given amount of time is the responsibility of the civil administration. It is well known that as far as infrastructure update in a lot of cities has failed miserably regarding roads, basic amenities to include water supply, electric supply, sewage management so on and so forth. Sometimes the builders and developers are blamed for this when actually, the government should take all the blame and aim at fixing these issues.

Additional charges like IFMS, STP, WTP, etc. should be standardised throughout the country

Every state and city have its own variety of charges for the provision of basic amenities. Sometimes the builders are not clear about them, such charges need to be done away with as soon as possible, and all such charges need to be standardised as quickly as possible. There are numerous taxes levied on 1, 2, and 3 bhk flats in Thane, Ghatkopar, Kurla, Andheri and other areas in Mumbai. When it comes to the real estate sector, one draws a blank. No government records are digitised, nor do builders have any online inventories or sales or management.

Digitisation of land records

This has to be accomplished on an immediate basis. Certain states and cities in the country have already begun to do this. However, there is still a long way to go. To set a complete transparency, a cent percent digitisation needs to be achieved by the civil administration. A synergy can better the issuance policy changes and its adoption by various real estate companies need to be done. There were reports of dilution of some clauses and the union minister had issued severe warnings for them already. GST bill will be another game changer with the affordable housing the Tier II cities will attract more investors rather than the Tier 1.

Hence it is evident that 2017 will surely be a huge year for real estate developers like neelkanth woods and all we need to do is wait and watch patiently as it all unfolds!

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