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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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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