27Sep

5 Things To Check Before Buying A Property

Investing in a property is a big decision. It takes a lot of research and a lot of money. A buyer must ensure he does his research thoroughly before he signs the property contract. If he has reservations or preferences about something, he must communicate it with the builder and get it incorporated in his contract. Let’s say, for example that you are looking at flats for sale in Thane, with the hope of purchasing one. Here are a few things you should check before you purchase it.

Check the approval and licenses: After finalizing the property you must check if the builder has all his paperwork in place including the work commencement certificate, approved building plans, environmental clearance etc. Also ensure you ask for the land title status and see if the land has been bought by the builder or if they have only the developmental right. Say you are investing in some residential projects in Thane; you must check documents such as

• Title deed
• Release certificate
• Encumbrance certificate
• Certificates verifying land use
• Approvals by local body
• Property tax receipts

Check the banks financing the project: Since purchasing a home is an expensive business, builders are typically tied up with many banks. E.g. in Thane, there are renowned builders like Neelkanth Group by T Bhimjyani Realty, Godrej Constructions, Piramal Group, Lodha Group etc. Most builders can guide you with your bank loan. You can choose a bank that offers the lowest interest rates and matches your EMI budget.

Check the plans for infrastructure: Choosing a locality which has good infrastructure and civic amenities and other futuristic planning options is a safe bet as they can tremendously boost your return on investment. A locality with good schools, hospitals, shopping complexes and entertainment centres is ideal.

Verify the builder: It is very important to research the track record of the builder. You must check if the piece of land on which your apartment is being built is or is not under litigation. You can get a good idea about the builders’ reputation based upon their past and current projects. You could also post queries on various online forums about real estate to get an estimate of the builder from former clients. If you are buying a home in Thane you can trust builders like Neelkanth Realty, Godrej Constructions, Rustomjee Builders etc.

Consider the apartment size: Before you set out to purchase a flat, understand your requirement based upon your family size, future plans, locality and so on. It makes more sense to finalize your apartment, after seeing a sample flat. Most builders typically have a sample flat to show, but in case they don’t, ensure you read the fine print and see that the builder is not claiming to sell 1000 square feet 2BHK flats which are actually just about 800 square feet. Check the carpet area before purchasing.

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22Sep

Advantages of buying 3 and 3.5 BHK flats in Thane

If you are considering a good investment to secure your future, owing a property in Mumbai’s posh Thane locality seems like a wise thing to do. In just the last decade alone, Thane has developed by leaps and bounds and continues to do so. With its super spacious residential projects, mega malls and impeccable civic and educational facilities, it is no wonder that Thane has been recognized as one of the most rapidly developing smart city in the country. Despite all this, owning a home in Thane is much more affordable than owning one anywhere else in Mumbai. Here are the advantages of purchasing 3 and 3.5 BHK flats in Thane.

It won’t be affordable in the future: In a country where property rates are steadily appreciating every day, Thane is an investment hub that should not be missed. Not only is Thane developing rapidly, it continues to remain one of the few affordable options, that is guaranteed to double your investment in the near future. With the innumerable commercial spaces and luxury township projects from builders like T Bhimjyani Realty, Godrej Properties and Lodha Group among others, it has become the place to live in. It makes much sense to buy 3 bhk flats in Manpada, Ghodbunder and other Thane areas now, before the property rates shoot up.

It can secure your future: Thane has become Mumbai’s IT hub. With large, sprawling offices, most businesses are moving to Thane. This makes Thane a good option for people wishing to live close to workspaces. Even if something uncertain like the need to relocate to a different city comes up in the future, your Thane home can be easily leased or rented and you can continue to generate monthly income out of it. Since the city is already known for its gigantic malls, fantastic civic amenities and luxury township projects, it is much easier to rent the 2 and 3 BHK flats in Thane to families looking to rent.

Big apartments: Mumbai is regarded as one of the best salary paying cities in the country. It is also a city where rents are unaffordable and the houses are extremely compact. Thane however is immune to this uncomfortable situation. In this city of tiny apartments, Thane is a breath of fresh air, with more and more builders building 2, 3 and 3.5 BHK flats in Manpada, Ghodbunder Road, Majiwada and other posh Thane West localities. The homes in Thane typically start at 800 square feet, going all the way up to 1200 and 1400 square feet, making the apartments twice as big as any other part of the city. Thane is thus ideal for people with large families or for young couples planning to settle into marital bliss in the near future.

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17Sep

Planning to buy the perfect dream house in Mumbai –here’s why you should consider Neelkanth Woods by T Bhimjyani Realty

Mumbai’s Thane area has become one of the most sought after localities in the city with the who’s who of the business world setting up their base here. In the last decade, Thane has undergone a massive facelift and become the ‘IT’ Mumbai locality. Many reputed builders and real estate companies have set up impressive residential projects in Thane, whether it is Hiranandani Constructions, Godrej Properties, Piramal Realty or Lodha Group. However, the prestigious Neelkanth Woods Thane project by T Bhimjyani Realty is certainly one which should be a top-contender if you are planning your dream home in the city. Here’s what makes it special.

Choice of apartments: In a city like Mumbai, it is impossible to find a comfortable and luxurious gated community project that fits into one’s budget. A basic 500sq feet flat or a studio apartment in Mumbai’s suburbs and southern areas typically costs anywhere from ₹3.5Cr or higher. However, the Neelkanth Woods Olivia project offer 2, 2.5, 3 and 3.5 BHK beginning from 800 square feet and above at only ₹1.75Cr+, making it easy to own your dream home in the posh Thane West locality.

The property: Another USP of this marvellous project lies in the fact that in the otherwise crowded Mumbai city; one has to struggle to find a property that is far-removed from the constant honking of vehicles and the relentless chugging of trains. Finding a peaceful haven in Mumbai is akin to finding a needle in a haystack. Thankfully, if you purchase 2.5 bhk flats in Thane West’s famous Neelkanth Woods locality, you can envelope yourself and your family with the calming presence of nature. The Neelkanth Woods project transports you into a realm where you can escape for your dose of tranquillity.

Its fantastic location: Located in the posh Manpada Locality, Neelkanth Woods Manpada is situated closed to National Highway – 48. This organized township boasts of several high-rise buildings. Also, the Eastern Express Highway passes through Manpada, which further connects Thane to the rest of Mumbai city. In fact, Manpada is regarded as one of the fastest developing Mumbai neighbourhoods, and has become the base for several luxurious, residential and commercial projects. The public transit system is also well developed, the infrastructure is par excellent and you can find every necessary civic utility in close proximity.

The amenities: Whether you purchase 2 BHKs or 2.5 BHK flats in Manpada, Neelkanth Woods by T Bhimjyani gives you access to a host of amenities, which are not typically offered by all realtors. Along with your home, you also get access to podium and stack parking for your vehicles, a landscaped garden, a swimming pool, separate children’s and senior citizen’s areas, and a fully equipped gymnasium. There is also a steam room, Jacuzzi and sauna; a yoga room and several grounds for various sports activities.

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10Sep

5 Things an NRI should know before investing in Indian Real Estate

In the last few years, the Indian Government has relaxed many laws pertaining to NRI investment in real estate. These new laws have made it easier for NRIs or non-resident Indians to purchase property in their mother-land. This has resulted in the popularity of the foreign investment market. However, there are a few things that NRIs ought to be aware of before they consider investing in India’s real estate market. These pointers may give Indian passport holders residing abroad the confidence to purchase a property while ensuring they do not break any government laws.

Type of property that can be purchased: NRIs are allowed to purchase, both residential as well as commercial properties. There is also no restriction on the number of properties NRIs can own. However, they cannot purchase agricultural lands, plantations or farmhouse. The only case in which an NRI can own agricultural land is if he/she receives it as a gift or as part of his inheritance.

Number of investments: An NRI is allowed to make any number of investments as there are no restrictions. The investment can be made on their own or with the help of a relative appointed as a power of attorney. For instance, the NRI can hand over his power of attorney to a relative to purchase more than one under construction projects in Thane, Mumbai, Delhi, Kolkata or any other city or town within India.

Availability of loans: While resident citizens find it extremely easy to procure a home loan from Indian finance companies, the same benefit is also extended to NRIs. Yes, NRIs can now easily avail housing loans like any normal resident Indian. However, the documentation process for loans offered to NRIs is quite different as that for resident citizens. You can find out all the details about the documentation process on the NRI corner tab of the lender as well as the realtor’s website.

The need to file returns: Whether you are an NRI or a resident citizen, if your annual income exceeds ₹2,50,000, you are expected to file income tax returns. For instance, say you rent out your NRI investment in real estate home to a resident Indian and are earning over ₹3,00,000 in annual rental income, then you fall under the tax payer’s slab.

Tax benefits: If an NRI chooses to purchase a home in India, he/she is entitled to all the tax benefits which are made available to resident citizens. NRIs can claim an annual tax deduction of up to ₹1,00,000 as per Section 80C of the Income Tax Act of 1961. NRIs are only taxed for the income earned or collected in India through rental income or any other salary earned in India and not on their foreign earnings.

You can get all the details pertaining to NRI investment in real estate on the NRI corner tab of the real estate company’s website.

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2Sep

Top 4 Qualities To Look For In A Real Estate Company

For a lot of people, a house is the biggest investment they ever make. It takes them years of planning, a stable job that can fund the EMIs and a decent down payment amount before considering this enormous investment. As such, you need to ascertain and be convinced that you have picked a real estate company that has a good market reputation, so that you do not have to stress about our investment. If you are planning to buy a home soon, here are the top 4 qualities you must look for in real estate companies.

Choose a company that provides information transparently: The first thing to do is to select a company known for providing its clients with accurate information. It should be one which is up to date on policies and procedures and provides detailed manual enlisting answers to queries regarding your investment. E.g. the real estate company in Thane, T Bhimjyani Realty and others are known for providing specific details regarding the floor plan, size, taxes commissions and all other necessary information

The size of the office doesn’t matter: Many investors make the grave mistake of thinking that a smaller office means that the real estate company is not reliable and a bigger office means that you can trust it blindly. What truly matters for the investor is the company has achieved in its closed sales volume. You need to consider a company which is known for its successful projects completed. The Neelkanth Woods Project by T Bhimjyani is worth consideration.

Choosing a reputed brand is important: Like we mentioned before, the company’s reputation is of utmost importance. This typically depends upon its management and its sales force. It is important to consider a brand that has been in the business for a longer duration as it allows you to reflect upon the business’ legacy. For instance, if you opt to purchase real estate in Thane west, you should consider builders like T Bhimjyani Realty, Lodha Group, Piramal Group, Hiranandani Constructions etc., who have a formidable reputation of building reliable and sturdy commercial and residential projects in the area, that have withstood the test of time.

Choose a company that provides timely deliverance: People who purchase under construction properties are generally promised certain occupancy dates i.e. a specific time in the near future when they would be handed over their house keys so that they can move in, due to which the investor has to make other arrangements (e.g. rental properties) before he can move in to his home. If real estate companies have the reputation of not honouring their deliverables, it is best to steer clear of them as they can mess your budget and affect your financials. The builder must acquire timely approvals from the governing bodies, NOCs and other necessary documents and provide you a fixed date to move in.

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30Aug

4 Things To Do While Buying a New Property in Thane

Mumbai’s Thane neighbourhood has become like the new Bandra, Juhu or Colaba. Investors are putting in a lot of money in this Mumbai neighbourhood. With some already available fantastic amenities in place and better facilities in the piping (the thane metro, for example), the Thane real estate market has certainly become lucrative. It is no wonder that the affluent want a piece of this cake. So if you are considering purchasing a property for sale in Thane, you must ensure that you do the following things.

Begin by assessing your requirements: There are three things to assess when you start on the journey of purchasing your dream home. These include your realistic financial prospects and goals, your current lifestyle and your long-term planning. You want to find a place that is both, easy for you to commute to your work, as well as one that is child-friendly and close to educational institutions, if you have or are planning to have children in future. You also have to decide your budget and the amount of loan you may require.

Pay attention to the locality: Investors interested in purchasing homes in Thane will be pleased to know that the locality has been awarded as one of the promising cities in India by the First Smart Cities council. In your research, you will find that Thane has several posh localities which boast of good schools, shopping malls, entertainment centres etc. Buyers should select projects by reputed builders like Hiranandani Constructions, Godrej properties and Neelkanth Group also known as T Bhimyani Realty. The latter’s Neelkanth Woods Olivia project is ideal for people who love the spoils of nature.

Enquire about the past and current projects by the builders: When purchasing a home, it is necessary to enquire about the credentials of the realty companies. Selecting a company which has been in the real estate business with decades of experience, and is known for timely handover of flats is important. A renowned and experienced realtor is likely to have a good project delivery record. A developer like Neelkanth Realty, with a credible reputation and goodwill, can also help you with the finance process.

Review the project plan: While you can trust your realtor, you should also do your homework and ensure that you scrutinize the layout plans so that you get everything promised by the builder. Since Thane has become a hub for residential properties in the last few years, every builder offers a host of amenities that include things like yoga centres, club houses, swimming pools, children’s play areas, common halls and sports pavilions. However, you shouldn’t just get swayed by the amenities and check if they suit your needs. You can then consider purchasing flats for sale in Manpada, Ghodbunder Road, Majiwada and Thane West.

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25Aug

Simple Tricks to Glam up Your Flat Like a Celebrity Home

Mumbai is a crowded city, which explains why the sizes of newly built homes are going from small to smaller. Builders in Mumbai no longer make 1300 and 1400 square feet homes and people have to make do with 450 and 500 square feet area homes. If you’re still dreaming of living in a huge spacious home in a posh Mumbai locality, you should consider Thane, where the city’s topmost builders like Piramal Group, Wadhwa Group, T Bhimjyani Realty and Lodha Group are coming up with spacious residential complexes. With a few touches in these spacious 3 BHK flats in Thane, you too can glam up your flat like a celebrity home.

Select the right wall colours: Before you begin furnishing your home, you have to begin with selecting the wall colours that best reflect your personality. While your intuition may lean towards selecting sophisticated colours in pastel shades of lavender, purple, blue or grey in the living room, you could go for bolder colours and printed wallpapers to decorate your bedroom walls.

Wall decals are in: People who tend to get bored of plain coloured walls can play around with wall decals. These easy to stick, remove and replace decals are especially ideal for decorating the walls of your children’s bedrooms, but can be used everywhere else in the 3 BHK in Thane. Wall decals are inexpensive and can be purchased easily from online websites. Ensure you purchase vinyl decals which can be removed by simply heating corners with a hair-dryer. Interesting decal prints include flowers, birds, cartoons, quotes etc.

Do not underestimate the power of accessorizing: Celebrity homes are full of mirrors, especially the rounded kind, with exquisite frames. A charming rounded mirror in every room makes your home ooze a lot of personality. Besides mirrors, an oak-wood coffee table in the living room, subtle fairy lights in the bedrooms, aromatic candles and candle stands and full sized curtains also increase the glam quotient.

How about a walk-in closet: While this idea is impossible in an average Mumbai flat, you can purchase 3.5 BHK flats in Manpada, Thane, where you can convert that half-a-bedroom into a walk-in closet. A walk-in closet is certainly the biggest must-have in a celebrity home. How wonderful is it to have a room dedicated to your entire wardrobe. All it takes is a little refurbishing, countless hangers and shoe racks and a simple ottoman to decorate it.

Your bedroom should be your haven: A good night’s sleep is of utmost important. It regulates the circadian rhythm of your body, giving it the much-deserved rest it requires after a long and stressful day of work. Sprucing up your bedroom with crisp sheets, fresh beddings, counterpanes and comforters is absolutely essential. Since the 3.5 BHK flats in Thane are extremely spacious you can fit comfortable king sized beds in the bedrooms of the adults, whereas bunk beds are a great idea for children’s rooms.

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18Aug

4 Reasons to buy a home in Neelkanth Woods by T Bhimjyani Realty

In a city like Mumbai, one often has to compromise when it comes to purchasing that dream home. When the price fits your budget, the size is disappointing; when the size is fine, the prices are exorbitant. For most budgets, size and price works but the location is less than ideal. What’s worse is that it is difficult to find a locality that is both, in the arms of nature and close to necessary public facilities. Well, not anymore. Enter, T Bhimjyani Realty’s prestigious Neelkanth Woods Thane; a fantastic residential project offering the best facilities and amenities, situated in the heart of Thane. Here’s why you should consider buying a home here.

It offers peace in an otherwise chaotic city: The average Mumbaikar has no choice but to embrace Mumbai’s chaos. After all, it is part of the deal of living in the city of dreams. But for those of you, looking to find some peace and quiet in this city that never sleeps; you can get your dose of tranquillity in Neelkanth Woods Olivia. The fantastic project was created with the aim of reconnecting its dwellers to nature. It was created so that its residents could enjoy the qualitative moments of life, where time stands still so that you can stop and smell the roses and enjoy the spoils of nature.

Spacious rooms make it ideal for the Indian joint family: T Bhimjyani Realty created this project, keeping in mind that in India, joint families are a norm. It is not uncommon for older parents, to live with their children and grand-children under one roof. This served as the motivation behind this spacious project tucked away in the lap of nature. Neelkanth woods, is one of the few projects with 2, 3 and even 2.5 BHK in Thane. Rooms in the house, other than the bedroom include a spacious living room, 2 attached baths, a kitchen, an enclosed balcony and an elevation treatment.

Fantastic amenities on offer: Neelkanth woods is a gated community, which offers its residents a host of amenities, not to be found everywhere else in a city like Mumbai. There are hardly any residential projects that can match the number of amenities as those offered by the Neelkanth Woods Manpada residential project. These include a club house with a table tennis room, spa, snooker room, squash court and gymnasium. Additional amenities include swimming pools with Jacuzzis, basketball court, audio visual room and a lot more.

The proximity to necessary facilities: Where else in Mumbai can you live close to both nature and necessary public facilities. Neelkanth Woods is extremely close to all your necessary facilities which include the railway stations, bus stops and depots, schools, health care centres, restaurants, entertainment centres and shopping malls. Everything is just a few minutes away.

So what are you waiting for? Purchase your 2, 3 or 2.5 bhk flats in Thane West’s Neelkanth Woods today!

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12Aug

Looking to profit from your residential property investment in Thane? Learn How

Real estate investments have globally proven to be a rewarding investment class. It is also gaining momentum in India, and is set to grow at an estimated rate of 30% in the decade to come. In 2017 alone, the real estate industry in India grew by approximately 7%. However, earning money from your real estate investments can be, both enticing and tricky. So it is important to understand the factors and the market that makes it possible for you to profit from such investments. Whether you are looking at NRI property investment in India or to earn rental income, you can profit from your investment simply by following the below steps.

Begin by finding the growth corridors: Investing in properties in cities like Mumbai, Bengaluru and Pune has yielded profitable returns in the past few years. But while location is one of the necessary factors in property investment, it should not singularly drive your basis for investment. It is necessary, to consider the available growth corridors. A growth corridor is essentially a property which compliments easy transit routes, educational and health care institutions, shopping centres and other public spaces. In a city like Mumbai, you can consider investing in new projects in Thane Ghodbunder Road, which has become the up and coming neighbourhood thanks to real estate giants like Hiranandani Constructions, T Bhimjyani Realty, Lodha Group etc., who’ve come up with some great residential projects, all in close proximity to the aforementioned amenities, making it a lucrative growth corridor.

Consider the rental income: If your purpose of investment is to yield rental income, real estate is a good option as it can contribute to both, capital appreciation in the long run, and help you pay a part of your EMI, if you’ve purchased the home on a bank loan. Investing in locations which are connected to economic opportunities always offers better returns. The upcoming metros and the already established international schools, health care and hospitality centres makes investing in new residential projects in Thane even more attractive to the renter, who can have easy access to all the amenities and facilities nearby. Besides, Thane’s new role as the Silicon Valley of Mumbai has contributed to its position as a great Mumbai locality for rental income.

Consider the hold period: As a locality grows an upgrades, it draws an increasing demand from investors and homebuyers. But you must remember that every property goes through its ups and downs; you won’t always see sustained growth in a single location, even if it is in posh areas like Colaba, Bandra or Juhu in Mumbai. As such, the ideal period of time for one to remain invested in a property is about 4-5 years, or longer is possible. During this time, fluctuations are normal but a patient investor is guaranteed to earn a profit. NRIs looking to invest, can find out more about the property’s growth by visiting the NRI corner.

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3Aug

Top 6 Real Estate Companies In India

Everyone dreams of living in a self-owned home. But in this inflation-stroked economy, only a few can fulfil this life-long dream. While it is not the easiest task and involves a lot of factors such as EMIs for decades and the pressure to return a bank-loan, having a place to call your own home is well worth it. A roof over the head becomes more than a house with 4 walls; it becomes your security cushion and the most important investment you can ever make. If you are considering buying a home, you must consider one of these real estate companies in India.

DLF: One of the few real estate companies in the country that can boast of setting up real estate projects across fifteen states within the country, DLF Real Estate is headquartered in Delhi and is known for building real estate projects which include homes, office, commercial spaces and malls. DLF is especially preferred by MNCs and IT companies which include CitiBank, Microsoft and Infosys.

Oberoi Realty: One of the most premium real estate companies in Mumbai, Oberoi Realty was recognized as the “symbol of excellence” in real estate in 2017. The company, known for its high-end condos in suburban Mumbai is also spearheaded the construction of the Westin Hotel, Mumbai and is currently building the city’s first ever Ritz Carlton hotel and residences, set to open in 2019.

Prestige Group: South India’s favourite real estate company, Prestige Group’s headquarters are in Bangalore, Karnataka. This real estate giant has also developed numerous residential and commercial spaces in cities like Chennai, Hyderabad, Kochi, Mysore and Mangalore. It’s most famous constructions include the Forum malls in Bangalore.

T Bhimjyani Realty: In a city like Mumbai, where finding a spacious home is a challenge, Thane based T Bhimjyani Realty that manages the impossible. The company boasts of affordable, 2, 2.5 and 3 BHK flats, which are constructed in the middle of green cover, to give its dwellers a fantastic view of the nature. One of the premium real estate developers in Thane, T Bhimjyani Realty projects are situated in the heart of the city, with all necessary amenities in close proximity, with the most popular one being Neelkanth Woods.

Ansal Housing: A construction company that has been in the real estate business for 3 decades, Ansal Housing is best known for its projects in 20 cities in North India. The company also boasts of running projects in Madhya Pradesh and Mumbai. Some of their most popular projects include Ansal Town, Ansal Elegance, Ansal Grace and Ansal Woodbury.

Godrej Properties: With headquarters in Mumbai, Godrej Properties is another contender in the list of the best real estate companies in Mumbai, and in India. This real estate company has also completed residential and commercial projects in several Indian cities including Ahmedabad, Bangalore, Chandigarh, Kolkata, NCR, Pune and Mumbai. Godrej Properties has been felicitated with over 150 awards in the last 5 years alone.

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