30Dec

Tips to Choose an Appropriate Location While Buying a House in Thane

Purchasing and investing in a property is definitely a nerve-wracking task. There are so many aspects that you must consider while finding that ‘perfect property’. When you start with your property hunt, you are bound to get confused about which location to choose. When talking about choosing the right property location, you should know that there are many. However, Thane has emerged to be a profitable area worth your consideration. The reasons are many, and all take you to profits. The rates of flats in Thane as compared to other locations are affordable. Besides, they offer an endless list of options to buyers.

The importance of a strategic location

The importance of a strategic location cannot be neglected when it comes to choosing a property, be it residential or commercial. Location does play a major role in a property hunt and should not be neglected. Thane has grown to be a major residential location. A lot of people have shifted their base to Thane for end number of reasons. Whether you decide to invest in flats in Thane West or East, ensure you make a wise choice.

To help you choose the right and lucrative location, here are some points you can consider that will help make a wise decision.

Choose your property location according to your family:

Home buyers who plan to purchase a home, ideal for a family-life, should consider a location that caters to the needs of every family member. If you have children and older parents living with you, then investing in a property that is closer to an educational institution or the healthcare industry is of paramount importance. Thane is home to some of the most renowned schools, hospitals and other necessary amenities that make investing in this location a lucrative option. As we pointed out earlier, a lot of aspects play a major role in helping you choose the right property, and location is the primary one.

Choose your property location according to the investment plans:

There are a number of home buyers who buy a property for the sake of investment. If you too, are one of them, then you are advised to opt for an area that is either in the developing phase or is developed. A buyer looking for a long-term investment should opt for under construction residential projects in Thane and around. They serve as the perfect answer and promise to offer great returns on investment in the very near future.

These are the two major factors that will help you choose the right location when buying a house in Thane.

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24Dec

New Construction Projects – 3 Things Home Buyer Needs to Know About

As a buyer, you are bound to get confused when it comes to buying a house. There are a number of factors that need to be considered. While you are searching for an apartment, you have two options to choose from – you can choose a ready-to-move-in property or one that is under construction. As a home buyer, you need to be really careful when making a purchase. After all, it is a long-term investment and should be done with care. With the ever-increasing under construction projects in Thane, it has become easier for buyers to make a purchase.

However, before you make a purchase, you are bound to wonder whether investing in an under-construction property is a good option. Here are some factors worth considering.

Under construction homes tend to get sold quickly

Not many know this, but a builder already has both, the sales process, and the construction mapped out. In short, it means the builders or real estate companies try selling the houses or apartment as quickly as possible. In fact, a lot of buyers prefer investing in under construction or new projects in Thane and around, for they are affordable. Besides, they work for the benefit of individuals who do not plan to move-in anytime soon. To attract potential buyers, a builder will build a model or sample flat and review the floor plans, fixtures and finishes so that buyers can get an idea of what their new home would look like.

Early buyers get apartments at best rates

You will find many real estate companies that want to get some homes under contract. In fact, announcing the same to potential buyers ensures it as desirable to future homebuyers. As the flats are just ready, real estate companies tend to offer them at best rates. You can grab this opportunity if you are buying new residential projects in Thane for investment purposes. As the rates are affordable, you can make the most with the new or under residential construction projects.

Buyers get to choose the apartment of their choice

A lot of buyers have to settle for apartments that are available. However, it is the not the same with new or under construction projects. As it is an under-construction property you can choose the floor and the apartment of your choice and have it finalized in your legal deed. However, ensure the apartment you have chosen is not already booked. As a buyer, do not forget to inspect the whole construction site before making the purchase.

These are some of the vital things every home buyer needs to know about if you wish to invest in under construction projects in Thane or around.

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17Dec

Vital Tips for NRIs Investing in Indian Real Estate

Warren Buffet once said, “Never depend on single income. Invest to create a second source”. Investing in a property is definitely a great option for it offers lucrative returns. When it comes to property investment, making the same in immovable property is definitely a great decision. Lowered interest rates, expansion of the economy and not to forget, increased disposable incomes only make an investment in an immovable property attractive. NRI property investment is all about taking the right decision and ensuring it is a wise one. Here are some tips that work great for an NRI investor who is planning to invest in the real estate market of India.

Know the purpose

As an NRI it is important to understand the risks before investing in the Indian real estate. You should have a purpose in mind as to what you plan to do with the property. If you are looking for great returns, then buying or investing in real estate units in a developed area, offers long-term returns and is a better solution than renting it out. Apart from this, NRIs can even purchase equity shares of listed real estate companies or developers.

Legal title and document checks

NRI investment in real estate should be made with complete care and precision. It is of paramount importance to check the legality of the property; after all, you definitely do not want to invite any legal hassles. Do not forget to get a confirmation from the current owner of the property, dig out the history, and know if there were any legal disputes and so on. Ensure the property you are investing in, is clear in every way.

Reputation of the developer

You are bound to seek help from a real estate developer or a company to find the right property for investment. Before you seek expert help, ensure the developer has a clean record. Ensure there were no past delays in project implementation from their side. A good bet for NRI property investment is to opt for reputed developers like Godrej Properties, Hiranandani Constructions, T Bhimjyani Realty, Piramal Realty etc.

Location

Location does play a major role when it comes to investing and choosing a property. You definitely do not want to invest in a property that does not yield much profit. Always go for a property that has rich and better infrastructure and necessary amenities nearby. This further helps in getting long term returns.

Tax implications

As an NRI, ensure you think through the tax implications that include TDS, taxes, rental taxes, and so on. Seek help from a tax attorney for any information. To avoid short-term capital gain tax, it is important to stay invested for at least three years.

Consider these tips to make your investment in the Indian real estate count!

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11Dec

Some Amazing Ideas to Decorate and Design Your Balcony

A balcony is one place where you enjoy the morning sunrise, and soak in the cool breeze while sipping on your hot cup of tea. It is the perfect place where you can sit and exchange a few laughs with your family while enjoying the spoils of nature. Homes with balconies are usually spacious too and if you’re looking for a home that meets these specifications, you should consider purchasing a home in Thane. A 3 BHK in Thane or around will offer you a balcony with the most beautiful view. You can also decorate and design your balcony the way you want, to give it a homely ambience. Here are some décor tips you can consider to transform your balcony into something amazing:

How about having a wrought-iron table?

You can ditch the wooden tables and consider getting a wrought-iron table instead. Furthermore, you can paint the table in the colour you want, based on the style of your balcony. Do not forget to complete the look by having folding chairs, which can be moved as and when required. Do not keep the table empty, instead decorate it with a flower pot or just stack some magazines or books. These work great during your tea time.

Add planters to balcony railings

Adding planters on the balcony is a great way of having some soothing greenery in your home. If you have too many things on your balcony and lack the space for plants, you can consider attaching planters to the balcony railings. Apart from this, planters also help in adding a natural element to the outdoor space. You can make use of the same to have herbs and spices grown in the garden.

Incorporate what you love

Your home should reflect your personality and what can be better than incorporating things that you love in your balcony. No matter whether you own a 1, 2 or 3 BHK flat in Thane, ensure you integrate something that you love. Say, for example, if you are a bookworm, then you can consider having a coffee table or even a bookshelf with a comfortable armchair on the balcony.

Consider hanging up a hammock

What can be better than enjoying the natural beauty of Thane from your 3 BHK in Thane by hanging a hammock while you enjoy some good conversations with your loved ones? The hammock can make your balcony, a sacred escape space within your home, where you can relax. If you have a small balcony, then a sea-urchin hammock is perfect for you.

Make use of rugs, comforters, and throws

Apart from hanging hammocks, you can even consider creating a comfortable sitting area by having pillows, throws, cushions and blankets. This serves as the perfect spot when you have friends over.

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