28Feb

The Advantages of Buying an Under Construction Project

Buying your own home is at once, the most exciting and the most anxiety-inducing experience. As the experience begins, you realize that there are so many factors to consider, that you may not have thought of. One question that baffles most ‘first-time property owners’ is whether to purchase a property that is under construction or to opt for a ready-to-move-in home. You have to think about the location you’d prefer, whether the neighbourhood is viable, and about the space that your family would need among several other things. If you’re considering purchasing a home in Mumbai, might we suggest you take in account the Thane locality? There are several under construction projects in Thane that will help potential home-owners find their dream home.

Under-Construction v/s ready-to-move-in apartments

Most first time owners are averse to purchasing pre-owned homes. Factors such as the age of the building, its condition or its market rates, may serve as a hindrance. Furthermore, the pros of purchasing an under-construction property; out-weight those of opting for a ready-to-move in property. There are several advantages associated with investing in new projects in Thane and around. One of the greatest benefits is that it is affordable as compared to ready-to-move-in apartments. Apart from this, you as a buyer can design and customise the unit as you want. Other than this, when you invest in an under-construction project, you do not have to think much about repairs for years.

Know the benefits in detail:

Better and wider choices

New residential projects in Thane, offer you have a host of options to choose from, since the locality is known for establishing one spectacular project after another. You can visit several sites to get an idea of the project under construction before you finalize a property. You will find the market is flooded with new and upcoming projects from top builders like T Bhimjyani Realty, Lodha Group, Piramal Realty etc. You can choose the site that best meets your requirements and preferences. Apart from this, you can even choose the floor and the apartment per your preferences.

Make payments with ease

Another benefit of investing in an under-construction project is that you can make the payment with complete ease. As it is under construction, there is no hurry to pay the whole amount at one go. A lot of builders and real estate companies tend to ask their clients to deposit the money in phases. The maximum amount needs to be deposited at the time of possession.

How to choose an under-construction property?

•    Do a thorough background check of the builder before signing on the dotted line
•    Ensure the builder has a clean record in delivering projects.
•    Examine the paperwork and ask questions if you have any.

Now that you are aware of the benefits of investing in an under-construction projects what will you choose?

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22Feb

NRI Property Investment – Types of Properties an NRI can Invest In

Indian real estate is a thriving industry. It has captivated the attention of every investor looking to make profitable purchases and reaping long-term benefits. The nature and scope of property investment is such that it remains a primary source of investment among both Residents and Non-Resident Indians. The latter earn in foreign currencies and make savings, converting their earnings into lucrative investments. The dynamic financial environment in India serves as a catalyst for NRI property investment.

What properties can an NRI invest in?

Before you decide on the property you wish to invest in, understanding the types of properties an NRI can buy is vital. NRIs can purchase as many residential, industrial and commercial properties in India as they please. However, this group of investors is not allowed to invest in or purchase agricultural properties, farm houses or plantations. These properties however, can be owned by NRIs if received as a gift or inherited.

Residential properties

Purchasing residential properties as an investment is the wisest decision an NRI can make, purely because these properties offer high returns. However, ensure you choose the right residential property based on location, market rates and other crucial factors. Residential land can be easily acquired either directly from the owner or also as part of a gated community. You can even consider purchasing apartments or flats which promises higher returns. You can earn cash flow by renting out these apartments. In order to earn good returns, you are advised to buy apartments in the pre-launch phase. Choose a location that has great returns. Seek expert help if you need to ensure the property you are investing in, is the right one.

Villas or independent houses

As compared to apartments, villas and independent houses have higher appreciation rates, for they have a larger area of land per square foot. Villas help you generate good returns in the later years. Many urban developers have been building societies and gated communities with row-houses and villas with good proximity to nearby markets. If you seek the help of realty companies like T Bhimjyani Realty, Lodha Group, Kanakia Group etc., you’ll find an NRI corner section on the web-page with all the information you may need.

Commercial Properties

Another property type an NRI can invest in is commercial properties. A lot of investors prefer commercial properties. You can get in touch with a real estate company if you require assistance about which commercial property to choose. Always remember that commercial real estate market is not the same as residential properties. Understanding the whole market scenario is vital before you invest in a commercial land or property.

Payment of the Properties

As far as payment for the properties is concerned, an NRI is required to make payments in Indian currency. All the payments should take place through traditional banking channels.

Go through the NRI corner on realty websites for more details.

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15Feb

5 Tips to Enhance the Terrace and Entrance of a 3 BHK flat in Thane

It is an age-old adage that “first impressions are always long-lasting”. This is true of everything you do in life. Whether it is meeting some-one for the first time, experiencing a new activity or welcoming guests into your home, you want the first impression to make a mark. When we buy a new home, we go through a lot of trouble with getting the right furniture and the right shade of paint for our walls, but we seldom ignore the décor at the entrance or the terrace. The entrance of the home is the first thing that guests notice. The size of your home or its location doesn’t matter as long as pick the right styles to decorate it. Let’s say, you live in a 3 BHK flat in Thane, Mumbai; here’s how you can give its entrances and terraces a modern avatar.

Accessories enhance the look

Filling your entrance and terrace with hand-picked accessories gives the vicinity a personal touch. Colorful tee light holders can be placed at the entrance of your home. Beautiful lamps called fairy lights have also become popular and can enhance your terrace. You can add a warm, welcoming glow by illuminating the area at night with tee lights.

Hanging lamps to the rescue

If you have a great collection of hanging lamps, why not flaunt it? The vibrant colors of the hanging lights give your home a calm and soothing aura, and will become an instant hit with your guests. You can use multiple tiny hanging lamps with softly vibrating wind-chimes to create a calm atmosphere for your home.

Put the spotlight on the entrance

Decorating the entrance of your home is actually the easiest and the most under-rated thing that people seem to ignore. You can give it a makeover by using a wooden archway with built-in spotlights. You can get creative and try some beautiful curtains that add the style quotient in your apartment.

Add appeal to mirrors and old furniture

Vintage lovers, here’s your chance to get creative! Incorporating vintage elements at the entrance like wooden-frame wall mirrors and vintage oak tables with a vase can add appeal and allure to your 3 or 3.5 BHK apartments in Thane. Vintage products can be procured at dirt cheap rates from flea markets.

A green wall to enhance the stress-free setting

As far as the terrace is concerned, you can consider putting up a green wall. Instead of going traditional you can consider a creative way to make your terrace comfortable and calm. Add a green wall with wall mounted planters.

These are some tips you can consider to enhance the beauty of your 3 BHK or 3.5 BHK apartment in Thane.

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8Feb

Real Estate Companies – All You Need to Know

The real estate market is a tricky business and having good knowledge about it is absolutely essential if you’re looking to invest in it. Whether you wish to invest in a property or purchase one, you must keep track of market conditions and base your decision, keeping some important factors in mind such as the amenities in the locality, its future and more importantly the reputation of the real estate company from whom you’re making the purchase. If you get confused in selecting properties, you can always rely on expert help, if needed. Only an expert can guide you through things like statistics, market value and other crucial factors. If you’re considering purchasing a property in Mumbai’s reputed Thane area, you can get in touch with a reputable real estate company in Thane to make a wise choice.

The market is flooded with a number of real estate companies all claiming to offer the best properties at reasonable rates. However, only few will show you the real face of the Indian real estate market.

T Bhimjyani Realty

T Bhimjyani Realty is one of the most sought-after real estate companies, to come up with some state-of-the art projects, dominating the Thane residential scene. This real estate agency, satisfying customers since 1978, has earned the reputation of fulfilling client requirements, honouring time-bound commitments and offering a great customer service experience. A real estate giant, T Bhimjyani, is also known for its reasonable rates and world-class amenities, making it a favourite of the Thane residents. The Neelkanth Woods project in Thane by T Bhimjiani stands in testimony of their masterful craftsmanship, professionalism and desire to give residents a comfortable home.

Lodha Group

Lodha Group is another real-estate agency that has made its mark in the real estate industry in Thane. They follow a simple vision – ‘Building a Better Life’. Lodha Group is a prestigious real estate agency that has constructed some of the most ambitions residential and commercial projects, validating their reputation in Mumbai. This real estate agency has also constructed projects in cities like Lonavala, Hyderabad, and even in London. The projects offered by them are great in every aspect, be it in terms of floor plan, amenities or location.

Kanakia Group

Kanakia Group is also regarded as a premier real estate company in Thane. Formally known as Kanakia Spaces Realty Pvt. Ltd, the company has been in the real estate business for over 30 years, building millions of square feet of commercial, residential and educational spaces. The USP of the company is their foreign-inspired homes that have found a lot of buyers.

Other prominent real estate agencies, who have built sky-high buildings in the Mumbai skyline, and are now making a mark in Thane include Piramal Realty, Godrej Properties and Hiranandani constructions.

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2Feb

Why is Thane Growing to be a Major Residential Hotspot?

Also, known as the ‘City of Lakes’, Thane in Mumbai has remained an under-rated area for a very long time. Investors shied away from purchasing a residential home in Thane for the longest time. But in the last decade or so, Thane has seen so much development in terms of residential societies, educational institutions, public transportation and other necessary amenities which have elevated Thane’s position to a Mumbai hotspot. A lot of potential buyers now prefer buying flats in Thane for innumerable reasons. If you’re wondering how Thane, once known as a city of industries and pollution, has now emerged as a premier locality to raise a family in, read on.

A new-age city

Thane has undergone an image make-over of epic proportions. This beautiful satellite town has paved the way for some of the topmost infrastructural projects that make the life of civilians easy. From huge flyovers that connect Thane to the heart of Mumbai to huge malls and shopping centres, Thane has become a posh, sought-after locality. To enhance connectivity to other parts of the city the previous narrow lanes have been remodeled with broader roads. The water crisis that Thane faced previously has also been curbed. A new channel for equal distribution of water has been formulated; the railway station has been upgraded, as have other necessary civic amenities. It can thus be said that Thane offers everything that a premium city in the world does, which has drawn the attention of potential homebuyers.

An emerging residential locality

With improved amenities, Thane has witnessed a rise in property value. Many investors are considering purchasing a flat for sale in Thane as a long-term investment. It doesn’t matter if you purchase a flat to gain income via rent or for any other investment purposes, you can rest assured that you’ve made a wise investment. Realtors like Godrej Properties, T Bhimjyani Realty, Piramal Realty etc. have planned and designed residential projects sealing Thane’s status as a city of the future.

A comfortable living experience

Apart from building a great infrastructural framework, you will find that living in Thane can be extremely comfortable with the availability of all the required amenities. Thane is home to some of the most renowned schools, shopping malls, entertainment centres, colleges, and hospitals, all of which are in close proximity. With all the necessary amenities in place, Thane has emerged as the dark horse of the realty business.

Reasonable and affordable

A lot of flats in Thane West and East are offered at reasonable rates with incredible added benefits. Besides, these projects are built with the best, modern amenities thus making your stay a comfortable affair. Yoga centres, gymnasiums, clubhouses, music classes, swimming pools are just some amenities that realtors offer with your apartment, thus validating Thane’s reputation as a city fit for the ideal family life.

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