31Mar

What You Need to Know Before Investing in New Construction Projects

When it comes to buying a home, there are a lot of deliberations and decisions that one needs to make. First it begins with selecting the locality. Then you have to understand if there is scope for the locality to evolve in the future for your investment to prove profitable. If you are lucky enough to find a locality of your choice, you must decide whether you would prefer a ready-to-move-in apartment or one that is under-construction. If you’re planning to buy a home in Mumbai, it is advisable to opt for any of the under construction projects in Thane as they come with a host of lucrative benefits. Here are some aspects you should take under consideration to facilitate purchasing such properties.

Under construction homes tend to sell quickly

Several potential home-owners prefer to invest in an under construction project because there are many benefits of entering the real estate market before the project is completed. One of the major reasons is that these properties are affordable as compared to ready-to-move-in apartments. Besides, they work for the benefit of buyers who have no intention of moving in too quickly. In order to attract potential buyers, a builder or company will build either a model home or a sample flat and review the floor plans. This gives a clear idea to the buyer of what the home would look like.

Buyers get to choose the apartment of their choice

When it comes to a ready-to-move-in flat, you generally have a limited number of options such as the floor or the facing of the apartment. Sometimes you have to make a few compromises with a ready-to-move-in apartment, where you may not be able to dictate the terms of your requirement to the ex-owner. But with under-construction projects, if you enter the market early on, you can choose your floor, the apartment facade, and can even dictate terms for how you’d like your house modelled. Under construction projects in Thane are customizable if the builder has not yet begun work on your apartment.

Early buyers get apartments at best rates

You will find a lot of dealers and companies tend to have this policy of “first come first serve”. So, if you fall into this category, you stand to get an apartment at lowest rates possible. An early investor can get a variety of discounts or reduced rates per square foot and so on. Some builders also provide early-bird investors with a few free items like DTH providers, geysers, club house memberships and other necessary amenities. You can grab this amazing opportunity when it comes to buying new residential projects in Thane. As the rates are much more affordable when a project is just commencing, you can make the most of the opportunities at hand.

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25Mar

Here are some Tips for Safe NRI Investing in Indian Real Estate

Real estate investment has come a long way. While many people think of it as a great source of added income, some people consider it as a great investment opportunity. Property investment is a lucrative solution for it offers great returns. When it comes to property investment, it is wise to invest in an immovable property as there is a huge scope for profit. If you are an NRI looking for some great investment options, investing in immovable property can prove to be a wise and profitable decision. NRI property investment is all about making right choices.

Here are some vital tips that help an NRI investor to make a wise choice.

Know the Purpose

As a Non-Resident, Indian or NRI, it is vital to be aware of the risks involved in investing in Indian real estate. Firstly, you should have a clear definition of your purpose of investment. Find out if investing in Indian real estate is profitable and learn why if it is. If you are looking for some great returns, then investing or buying real estate units in a developed area is highly recommended. Other than this, an NRI can even buy equity shares of the listed real estate companies.

Legal Title and Document Checks

For any NRI investment in real estate, ensure you exercise complete precision and care. It is of paramount importance to check the legality of the property. You definitely do not want to invite any legal trouble. To avoid any legal hassles, before investing, make sure you have received a confirmation from the current owner of the property and get all the details, and history about the property in question. Also speak to neighbours and find out if the land is in any sort of a legal dispute.

Location

There is no point in buying or investing in a property that is located in an isolated area. Location plays a major role in your investment and it makes sense to invest in an upcoming neighbourhood with great amenities, or an already established neighbourhood. Nonetheless, it is important to find out if the locality in which you are investing in, has scope for growth. A safe bet is to invest in a property that is located in a prime location. Apart from this, ensure you choose a property that has great infrastructure.

Reputation of Developer

A lot of homebuyers tend to neglect this aspect. Ensure the property you are investing or buying is done through a reputed real estate dealer or company like T Bhimjyani Realty, Lodha Group, Pirmal Realty etc. Ensure the dealer has a clean record, be it for timely possession and quality of the projects. You can get more details on the NRI corner tab on the realtor’s webpage.

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16Mar

3 BHK Apartment – Tips to Design an Entertainment Room

Every apartment needs an entertainment room; a place where you can escape to live fantastic reel stories, or dive into a musical land. No matter the size of the home, an entertainment space is a place where you can enjoy some much-needed family time. And the scope for having a dedicated family time increases if you live in a 3BHK apartment. In a city like Mumbai, where it is tough to find an apartment at affordable prices, you can purchase a 3BHK in Thane and convert one of the rooms into an entertainment room. Here’s how you can make the most of your entertainment room.

Pick the Right Equipment

When it comes to designing, or creating an entertainment room, the first step is to choose the right equipment. An entertainment room can have an internet connection, a media server, a television and not to forget state-of-the-art amenities. This equipment ensures you have a great movie watching experience. Placing the equipment is also crucial. Ensure it is done at the right height, say at least 10 ft. To ensure you have a great viewing experience, you can have rear seats a little higher. Do not forget the cup holders and popcorn for a complete theatre experience.

Right and Relaxing Environment

Now that you have chosen the equipment, the next step is to create a relaxing environment. For the same, you need to convert the room of your 3 bhk in Thane the right way. Save a great deal of space in your entertainment room by having a media server. This further helps in storing all the movies together, thus eliminating the whole problem of having DVDs. Apart from this, the room can be further enhancing by having a home automation system. This takes care of everything from lighting, air-conditioning and so on.

Right colour and lights

To ensure you have the perfect theater-like experience, you might want to pick the right colours and lights. Commercial theatre halls tend to have dark paints and low lights. You can consider the same by having recessed lights. These can be easily be turned off or dimmed thus making a perfect lighting solution for your entertainment room.

Seating and Furniture

Homeowners of 3.5 bhk apartments in Thane and around, can easily dedicate a whole room for this purpose. Consider theatre-like seating for a perfect and great experience. You can also consider comfortable recliners. Ensure you do not cramp up your entertainment room with heavy furniture. Ensure the furniture you choose can easily accommodate the home theatre equipment too.

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10Mar

Storage Solutions that work great for 2.5 BHK apartments

When it comes to buying an apartment, there are a number of factors that need to be considered. It majorly consists of location, facilities and most importantly, space. Space is one of the main concerns for homebuyers, especially in a city like Mumbai which is known for its match-box size apartments that cost a fortune. It is therefore difficult to find a home in Mumbai, where you can get adequate space without compromising on your budget. But there is still hope. If you have your heart set on Mumbai, you can consider purchasing a home in Thane. Buying a 2.5 BHK in Thane is a great investment option and is also ideal for raising your family. Here’s how you can make the most of your home space.

The space around your television

With the demise of CRT televisions and the advent of flat-screened televisions, you can save a lot of space simply by mounting your flat-screen television sets on the wall, whether it is in your living room or your bedroom. You can just drill a few holes and a flat stand to mount your digital set top box and use the remaining area as you please.

Open-storage rack for the kitchen

Nothing can be worse than having a cramped-up kitchen. To avoid the same, you can consider installing an open-storage rack for your kitchen. You can easily invest in a metal frame open storage rack if the cabinets are not enough to store the kitchen essentials in your 2 bhk flats in Thane. Apart from storing, you can also use these racks to showcase your decorative kitchen utensils and other such items.

Cupboard under the Stairs

If you are living in a duplex, you can make optimum use of the area under the staircase and use it as a comforable storage space. Just put up a hanging rod and hang a few clothes, or use it for storaging shoes and travel bags. You could also make it your grocery storage area, or a place where you can dump some pillows and matresses. There is a lot of scope to use that hollow area and convert it into something useful.

Bed Designs with Storage

Despite the fact that 2.5 bhk flats in Thane are spacious and comfortable, if you do not go about planning it well, you may face a space crunch. Buying a hydraulic bed is indeed helpful as it comes with a two-part storage space; one where you can dump your extra pillows and mattresses, and a second, compartmentalized space where you can store your bags, shoes, purses etc. Besides you can mount up some book shelves and cabinets instead of having full-fledged cupboards that take up a huge amount of space.

These are some of the storage solutions you can consider for your 2 or 2.5 BHK flats in Thane and around.

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3Mar

Did You Know About These Top Real Estate Companies?

There are a number of real estate companies that cater to the needs of customers who are looking for a new house. Home buyers are always on the hunt for a property or a house that meets their requirements. When it comes to making the whole search easy, it is real estate agencies that they rely on. To help you in the same, here are some of the best real estate companies in Mumbai you should be aware of:

Tata Housing:

This is one of the most trusted Private Sector Companies and also a subsidiary of the organization – TATA Sons Limited. Being one of the top real estate companies in India, Tata Housing offers the best services to its clients.  It offers an array of development projects across various sectors of real estate. This company is a trusted name for it offers timely delivery of properties, high standard of keeping and maintaining the apartments and best quality construction.

T Bhimjyani Realty:

One of the fore-runners in the real estate business in Mumbai, T Bhimjyani’s 40 year-old reputation precedes itself. Having accumulated a clientele, when the company was a part of Neleelkanth Group, established in 1978, T Bhimjyani Realty has taken one Mumbai locality at a time and converted it into a city of the future with its prestigious residential complexes that offer a state-of-the-art living experience. It is, without a doubt, one of the finest real estate companies in Mumbai. This realty giant’s USP is that the homes constructed are not only spacious but also closer to nature, offering you great views of the Mumbai green-cover. A highly equipped, well-planned apartment is what you get when you consider investing in the apartments offered by T Bhimjyani Realty.

Lodha Group:

Another top real estate company you can rely on is Lodha Group. This company is known to offer the best projects as far as residential and commercial projects are concerned. The Lodha Bellissimo is the only residential complex in India featuring top 1000 landscapes in the world. From Nepean Sea Road to Dombivali, the Lodha Group has made a mark for itself throughout Mumbai as a real estate agency of repute. It is important to consult an agent from this company for the apartments in extravagant societies.

Kalpataru Ltd.:

Another top real estate company is Kalpataru Ltd. This company has been in the real estate sector since 1969. Kalpataru Ltd. company is completely dedicated towards the development of residential areas, integrated townships, lifestyle communities and more. Apart from offering their services in Mumbai, Kalpataru has also ventured into other major cities like Jaipur, Udaipur, Hyderabad, Nagpur and Surat. It is also a known real estate company in Thane, Mumbai where new residential projects are coming up every day.

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