Blog - Real Estate News, Trends & Insights | T Bhimjyani Realty

31Jan

3 Things You Must Do While Choosing an Apartment

There is no doubt that buying a home is one of the most crucial decisions an individual ever has to make. A lot of aspects need consideration before you finalise on one good apartment. It is natural to want everything to be perfect; after all it is an important investment costing lots of money. However, you should know, buying a flat is a lengthy process and overlookling or missing even a single aspect can prove damaging in the long run. If you’re considering buying a flat in Mumbai, flats in Thane are a good option. To help you choose the right apartment, here are some guidelines every home buyer needs to follow:

Think of the Future

Remember that real estate investments are directly linked with your future. You cannot just invest or buy a property that excites you at the first go. The demand for homes in India is ever increasing. Always think of the future when you decide to buy or invest in a property. Know whether the property you are investing in will yield returns later on, how the locality will grow, what amenities to expect etc. It is of paramount importance to access your needs, which includes current lifestyle, financial goals, and not to forget long-term family needs.

Your Locality Matters

If the property you purchase is meant to serve as your home, as opposed to renting it or flipping it for profit, knowing about the locality is essential. Choosing flats for sale in Thane is a wise decision because the area has grown to be a major residential hub. A lot of individuals are now shifting their base to Thane for it offers everything a buyer is looking for. Thane has been recognized as one of the most promising cities of India by FIRST Sm@rt Cities Council and Indicus Analytics, making it a perfect residential location. Apart from this, it is also home to some well-known schools, healthcare centres, shopping malls, entertainment centres and lots more. All this has made living in Thane a convenient affair.

Cross-check Developer’s Credentials

Ensuring the developer you have chosen has a good project delivery track record is vital as home investments are an expensive affair. You should opt for homes constructed by builders like Godrej Properties, Hiranandani Constructions, T Bhimjyani Realty, or Piramal Realty as they are veterans in the Mumbai real estate business and known for using good quality construction material. These industry giants are known for having a clean track record and for giving timely possession of residential projects in Thane and around.

Consider these aspects to make your whole process of choosing flats in Thane West easy and hassle-free.

24Jan

By userIn new residential projects in Thane

5 tips to Maximize Gains on an Under-Construction Properties

In this day and age of 7 digit monthly pay-packages and low rates of interest on home loans, it has become easier to fulfill the dream of becoming a home owner. And if want to purchase a home in Mumbai with a spacious bedrooms, higher floors with spectacular garden views and beautiful patios, you can consider the new residential projects in Thane. You may be tempted to invest into a property if the realtor is offering lucrative schemes and additional discounts and might want to make the most of the opportunity. But the smart thing to do is to purchase a property that is under construction as opposed to one which is ready. The under construction projects in Thane are a fantastic option that you can consider. When you buy such a property you must consider the aspects that can help maximize gains on your under-construction property. Here’s what you should do.

Begin by asking the right questions

Before taking out a huge loan, you need to ask yourself if you have any other investments and the average return you are getting on them. Also ask yourself why you choose an under-construction property that can take a couple of years before it is ready for occupation. Consider the loan amount viz a viz other monthly expenses and see if it is worth it.

Make your negotiations clear at the very beginning

The first step is to negotiate a deal with the builder or the real estate company on the premium and floor-rise facing rates. If possible, you may even strike a bargain. If this aspect does not work, you might want to consider coming down 4/5 floors in order to save some lacs. This works great when you decide to sell your apartment in the later years.

Research about lenders who’ve approved the property

Do not forget to check which lenders have approved the property, especially the apartment and floor that you have chosen. Approach the banker or mortgage advisor directly instead of asking the builder as he may not necessarily have accurate knowledge of the status. Your payment may get stuck if your property is not approved.

Ensure that the CC for the floor you choose is received

New residential projects in Thane are known for high-rise floors. You will also have to check if Commencement Certificate or CC has been received on the tower, phase and floor. You should know that banks or financial institutions do not disburse loans if the CC is not in place.

Opt for restructured payment schedules as opposed to a standard one

You can consider restructuring your payment schedule instead of sticking to a standard one. Always consider a schedule that meets your requirements. This further helps in avoiding any interest-bearing borrowings like loans from parents, banks and relatives.

18Jan

By userIn NRI Property Investment

NRI Property Investment – All You Need to Know

The Indian real estate sector is quite tricky. You need to have sound knowledge about it before investing in the right property. While the real estate sector in India appears as a sound investment tool to its residents, the Non-Resident Indian community is also intrigued by Indian real estate. There are a number of reasons for the growing interests of the NRIs in this sector particularly. Safeguarding retirement plans, the yield on investments, and better returns are just some reasons why NRIs prefer to invest in real estate in India. It is true that NRI property investment in Indian real estate has grown to a great extent. Here’s why.

No maximum cap on properties owned

As far as NRI property investment is concerned, there is no restriction on the number of properties an NRI can invest in India. According to Reserve Bank of India or RBI, an NRI is permitted to buy any commercial or residential property in India. Furthermore, an investor does not need to get any permission from the RBI for the same. However, you should know, there is a restriction on foreign investment when it comes to plantation property, agricultural land or a farmhouse. These types of properties are allowed only when they are gifted to or inherited by the NRI.

NRI investment in real estate

Financial Transactions and Funding
For any NRI investment in real estate, it is of paramount importance for the transactions to be carried out in Indian currency through Indian banks alone. All the transactions should only be done through Indian banking channels. This further calls you to use your NRO (Non-Resident Ordinary Rupee) or NRE (Non-Resident Rupee) account. Apart from this, you can even issue post-dated cheques or ECS (Electronic Clearing Service) from your NRO, FCNR (Foreign Currency Non-Resident) or NRE account.

Besides, an NRI can also get funding or financial help for the purchase, only if the paperwork is clear. If you are planning to purchase a property, and it is jointly held or inherited, ensure you get a no-due certificate. You can also get help from various home loan schemes available for NRIs. However, remember that you have to pay a minimum of 20% of the property value. An NRI can get loans from banks and housing finance companies that are registered with the National Housing Bank. As the loan is sanctioned in Indian currency, it is importance for an NRI to repay the loan amount in the same currency.

As far as documents are concerned, it is vital for the NRIs to have valid passport copies, a copy of currency, appointment letter, salary certificate, designation held and more. Now that you have all the information, ensure you invest rightly and wisely in the Indian real estate sector. Go through the NRI corner on your bank’s website for more details.

12Jan

By userIn 3 BHK flats in Thane

Many Benefits of Owning a 3 BHK Apartment on the Top Floor

Buying and choosing an apartment is not an easy task. It takes a lot of time and patience and you need to consider several aspects. There is a lot you need to take into consideration before you finalise on one apartment. The location, public transportation and amenities offered are of primary importance. If you are planning to buy or invest in a 3 BHK in Thane or around, then you are advised to consider purchasing a flat on the topmost floor. If you are wondering why we are advocating a flat on a top floor instead of lower floors, let us make it easy for you. Here are some benefits that you might want to consider.

Stay away from the noise

One of the greatest benefits of buying top-floor 3 BHK flats in Thane and its surrounding localities is that you can stay away from the noise. Morning traffic can raise deafening decibels of sound thanks to the incessant honking of vehicles racing the traffic. Music played on loud speakers during celebrations that last into the wee hours of the night can also hamper your beauty sleep. If you are a person who does not like these loud noises, buying your 3 BHK on the top floor seems like a great option.

Wake up to breathtaking views

Thane is known for its beautiful lakes and gardens. You can begin you day with the most outstanding, breathtaking and spectacular views of the city below. Top floor apartments give you a feeling of being close to the sky. The marvelous views of the majestic Mumbai skyline cannot be experienced if your flat is on a lower floor.

Say hello to sunshine!

Nothing says a happy day is on the cards, like sunshine does. Besides getting a daily dose of sunshine, top floor apartments also give you your much needed dose of Vitamin D. A lot of real estate developers understand the importance of open spaces and offer balconies that let you enjoy the morning sunshine. Reading your newspaper as you sip on your morning cup coffee in the otherwise crowded city offers you the perfect escape you need for a lovely day ahead.

Winters are Great!

No matter whether you invest in a 3 BHK or 3.5 BHK apartments in Thane or around, you stand to enjoy winters at its best! You are just in the perfect spot to view the true beauty of Thane be it mist or fog.

If you are worried that top-floor apartments can make your environment hotter, remember that there is nothing some cool roofing solutions cannot fix. After all, the benefits of owning a 3 BHK apartment on the top floor out-number the demerits!

5Jan

By userIn 2.5 BHK flats in Thane

Tips to Choose the Right 2.5 BHK Apartment

Owning an apartment is nothing short of an asset that offers you and your family life-long security. Despite that fact that it is a major investment, every individual dreams of becoming a home-owner. There are many things that come to mind when you consider purchasing your home, especially if you are a first-time home owner, of which the location and size of the home are of primary importance. If you are looking for a spacious and affordable home you may want to consider buying a 2 BHK in Thane or even a 3 BHK in Thane. After all, homes with more than one bedroom are ideal for people living with children and older parents. If you are planning to invest in, or buy a 2 BHK apartment in Thane and around, here are some aspects you need to be aware of.

The spatial considerations:

The great thing about buying a 2 BHK flat is that the rooms in the apartment are usually spacious and airy. These homes meet the needs of every individual staying. While small families may easily accommodate and manage in a home with smaller rooms, larger families usually require extra space and so, spacious apartments work well for them. Besides the size of the family you also have to consider that larger families also have more furniture and appliances, all of which take up space.

The floor level:

Another vital aspect that a lot of buyers and potential investors must consider is the level at which the flat is positioned. If you want your flat to be on a particular floor, you can have a word with the realtor or the real estate company about the same. A lot of buyers with larger families tend to prefer purchasing flats that are on lower floor levels, whereas nuclear families prefer the higher floors. Ensure you do your research before making a purchase.

Great for Families

While you are choosing 2 BHK flats in Thane or around, it is wise to know how spacious it is. You definitely do not want your family to be staying in a cramped-up place. Considering this aspect, it is wise to purchase a 2 BHK apartment that is spacious. If you are looking for an apartment with extra space, then you can also consider 2.5 BHK flats in Thane.

Kitchen space is important

A lot of time is spent in the kitchen, so buyers need to understand that the kitchen is more than a space where food is prepared. Small kitchens seldom offer a comfortable cooking environment. Ensure your kitchen is perfect in every way possible. Most buyers will accommodate your request if you need to make any changes or increase the size of the kitchen.

These are some of the vital factors that play a major role in helping you choose the right 2 BHK apartments.

30Dec

By userIn Flats in Thane

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.

24Dec

By userIn under construction projects in Thane

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.

17Dec

By userIn NRI Property Investment

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!

11Dec

By userIn 3 BHK flats in Thane, under construction projects in Thane

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.

30Nov

By userIn Flats in Thane

Create a Small Forest with Bonsai Plants

If you are someone who is into gardening, then you can do it in your 2 or 3 BHK apartment. How about you consider having a Bonsai plant on your balcony or window sill? Having one only helps in making the whole house green and vibrant. Bonsai plants tend to offer a way for the residents to enjoy the beauty of nature at the comfort of the house. Before you start planning on how to place, know that ‘Bonsai’ word derives from Japanese words, ‘Bon’ meaning tray and ‘sai’ means growing. In short, Bonsai means growing trees in trays. You can easily grow them in your flats in Thane and around.

You can beautifully place the Bonsai plant in a try along with other elements such as moss, cascading waterfalls, pebbles and a rock garden. You are bound to have a balcony in your 2 or 3 BHK apartment, make the most of it by having a Bonsai plant. Apart from this, you can even place it on the window sill. However, ensure it is placed properly to avoid any accidents. When it comes to maintaining a bonsai plant, it is not that difficult and is same as maintaining any traditional plant.

It is vital to learn some techniques as far as cultivating and giving a good shape to a bonsai plant is concerned. However, once done, maintaining is easy and simple. It is of paramount importance to water the plant on a regular basis, change the pot once a year and put compost once a month. Anyone can have a bonsai plant. All it requires is a little space on the window sill or balcony. Apart from this, it is also vital to have few necessary and basic tools to grow the bonsai plant in your flats in Thane west and around.

No matter whether you plan to have a bonsai plant in your 2 or 3 BHK flat for sale in Thane and around, having basic knowledge of the same is vital. Get in touch with the experts to keep the plant in shape. Before you make a purchase, know these plants are classified according to their shape like informal upright, formal, cascade, slanting and semi-cascade. Choose the one that best meets the needs of your flat. Ensure it should look good from inside and outside. To keep the bonsai plant in its desired shape, do not forget to trim and prune the roots of leaves and branches.

Consider these aspects if you plan to have a bonsai plant in your apartment.