12Jan
By In NRI Property Investment

3 Types Of Properties an NRI Can Invest In

Amongst the various investment options available in the Indian market, real estates are the trickiest. It is not just the Indian residents but also the non-resident Indians (NRIs) who are intrigued by the real estate investment. Here are some of the reasons why NRI investment in real estate is on a high:

•    Safeguarding retirement plans
•    Growth of investment
•    Tax benefits
•    Higher returns

Unlike the Indian residents, NRIs do not have access to all kinds of properties. NRI investment in real estate is limited to residential, commercial and bungalows. However, they cannot own agricultural lands, plantation, and farmhouses, unless inherited by their ancestors.

Let us learn in detail about the investments that are viable for the NRIs:

1)    Residential properties: Investing in residential projects is a wise decision as NRIs can expect high returns. NRIs can also expect substantial cash flow by renting such properties. They can acquire them directly through the builder or as part of the gated community. Residential properties mainly include apartments and flats. NRIs are advised to buy residential properties during the pre-launch phase. The location, market rates, and other factors should also be considered. They can seek expert advice if they are unsure of the nitty-gritties.

2)    Commercial properties: A majority of NRIs today prefer investing in commercial real estates for two reasons: high rental yields and capital appreciation. For such investments, NRIs focus on metropolitan cities like Mumbai, Bengaluru, Delhi, Hyderabad, Chennai, and Pune. They primarily look for Grade A offices like IT parks, logistic centers, and co-working spaces. The strong start-up culture has risen the demand of co-working spaces as they cannot afford the high-quality professional property. Hence, NRIs have veered towards commercial properties in the last year or so.

3)    Row-houses or bungalows: In comparison to residential or commercial properties, villas offer higher appreciation rates. They possess a large area of land per square foot. If it is a long-term investment, then row-houses/bungalows are the ideal option. They provide decent returns over time. Also, many builders and gated communities are launching row-houses and villas that are closer to the essential amenities of the city. Today, real estate companies like T Bhimjyani, Lodha Group, Kanakia, etc. have an NRI corner, answering all the queries immediately.

For smooth investment, NRIs should hold a valid passport, PAN card and appoint a Power of Attorney in case they are not present in India. NRI investment in real estate includes step-by-step procedure of registration, possession, and execution of the sale process. So, appoint a reliable Power of Attorney.

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2Nov
By In real estate companies

Planning to Buy a House in Thane – Consider These Top 4 Real Estate Companies

Located on the Salsette Island, Thane is a popular Mumbai suburb that has become one of the city’s hotspots. Previously known for its smoke-emitting industries and factories, Thane has had a major make-over in the last decade and is now popular for its gorgeous, pristine lakes and stunning green cover. It has also become synonymous with the city’s youth as one of the uber-cool neighbourhood where it is possible to have a good time. It is no wonder that Thane’s real estate is increasingly in demand. If you are planning to buy a home in Thane, you must consider one of these 5 real estate companies.

Wadhwa Group: One of Mumbai’s and Thane’s finest real estate companies, The Wadha Group has been credited for developing fantastic residential and commercial projects. The company was established in 1969 and has since developed several luxury projects in major parts of the city, including South Mumbai. The company, which has recently shifted its attention to developing real estate in Thane is currently in the process of developing a super-lavish residential project called ‘Solitaire’ in the Kapurbawdi area of Thane.

T Bhimjyani: A company with 4 decades of experience in the real estate business, T Bhimjyani Realty is part of the parent company Neelkanth Group which is often recognized as one of the best real estate companies in Thane. Having already helmed and completed super-luxurious projects such as Neelkanth Palms in Kapurbawdi and Neelkanth Vihar in Vidyavihar, along with several projects in Mumbai localities like Chembur, Andheri, Ghatkopar and Bandra Kurla Complex, T Bhimjyani is currently working on the Neelkanth Woods Olivia Project in Manpada, Thane, which promises to be its best project yet.

Piramal Realty: Another real estate company in Mumbai that is known for its expertise in both, the residential and commercial property development sector, Piramal Realty is part of the broader parent company Piramal Group which was established in the 1990s. The company ventured into real estate in 2012 and has since created some of the most luxurious projects in various parts of the city. Some of the most popular projects by Piramal Realty include Piramal Mahalakshmi in Lower Parel, South Mumbai, Piramal Revanta in Mulund and Piramal Aranya in Byculla. The Piramal Vaikunth residential project in Thane is one of its most latest projects.

Lodha Group of Companies: Lodha Group of Companies is one of the biggest names in the real estate business in India. It is one of the few real estate companies in India, to have offices in cities like London, Dubai, Shanghai and Singapore.  The company has completed numerous commercial projects and has several residential projects in Thane such as Lodha Amara at Kolshet Road, Lodha Spendora at Ghodbundar Road, and Lodha Luxuria near Eastern Expressway Highway. Lodha Group is a good option for people looking to invest in the up and coming Thane neighbourhoods.

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25Oct
By In neelkanth woods olivia

Life in Mumbai and Why You Should Choose T Bhimjyani Realty’s Neelkanth Woods Residential Project

Searching for the perfect home in a city like Mumbai can prove to be quite the task. The city of dreams has the reputation of being the only city in the country, where one has to pay a huge sum of money for a house, for a tiny space of land. It has truly become difficult to afford a spacious home in Mumbai. Thankfully, there are builders like T Bhimjyani Realty, who offer spacious home at affordable rates and a host of amenities and facilities. These ultra-exclusive facilities help you get a little piece of heaven in this otherwise populated city. Here’s how the Neelkanth Woods Thane project by T Bhimjyani Realty is a class above other projects.

The stunning green cover: When one thinks of Mumbai, one can barely talk about its green cover. The city has become a concrete jungle with one skyscraper after another, adorning its space. Mumbai folks can hardly find respite in a natural haven surrounding them. The prestigious Neelkanth Woods Olivia project is one of the rare places in Mumbai where you can enjoy the fantastic green cover of the city. Surrounded by serene lakes and gorgeous parks, the vicinity is the ideal place in Mumbai where one can step out in the fresh air and take off for a nice evening stroll.

The size of the houses: Mumbai also has the reputation of having some of the smallest houses in the world since the rates per square foot are often touching the roof. It is almost impossible to own a spacious, comfortable home in a city like Mumbai. But that is not the case with the 2.5 BHK flats in Thane by the Neelkanth Woods Project. It is one of the rare residential projects where one can own beautiful and spacious homes.

Ideal for the Indian family life: Mumbai also does not have the reputation of a city where people can live the ideal Indian family life, where three generations of a family can share one roof. Thanks to the small-sized homes, Mumbai folks are often left with no choice than to either live under one cramped roof or to live in a nuclear family setting. But these large and spacious 2.5 BHKs in Thane were designed to be a game-changer, keeping the ideal Indian family setting in mind. It is the perfect abode under which three generations of a family can live comfortably.

Away from loud city noises, yet close to necessary amenities: This is also one of the USPs of the Neelkanth Woods Manpada Project. Manpada is one of Mumbai’s poshest locations where one can get access to every amenity. While the gorgeous green cover protects one from the loud hustle and bustle of city life, every important amenity, be it public transportation or facilities such as shopping malls, educational institutions, health care facilities etc., are just a few meters away from this beautiful residential project.

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17Sep
By In neelkanth woods olivia

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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30Aug
By In neelkanth woods olivia

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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18Aug
By In neelkanth woods olivia

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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15Jul
By In neelkanth woods olivia

Thane Real Estate – Live in Luxury at Affordable Rates

In a city like Mumbai, living in a luxurious, spacious home is nothing short of a dream. Unfortunately only the rich have always had the luxury of living in sprawling spaces and super-spacious flats in this dream city. But ever since the real estate of Mumbai’s Thane region developed, the common man has been able to purchase homes on easy loans in several luxurious properties in this Mumbai neighbourhood. Properties like Paramount by Kalpataru, Neelkanth Woods Olivia by T Bhimjyani Realty and Urbania by Rustomjee Builders are touted as Thane’s most luxurious, yet affordable residential complexes. Let’s find out a little more about them.

Paramount by Kalpataru: Located in Kapurbawdi, Paramount by Kalpataru is one of the most lavish residential apartment complexes in Thane. This urban oasis situated in the heart of the city, offers a fantastic configuration of 530 and 670 sq. feet 2 BHKs. This RERA approved project comes with several highlights such as its location close to the city’s art centres such as shopping complexes, multiplexes and several other conveniences, keeping its residents close to the city at all times. External amenities include open landscape spaces, recreational facilities, multi-purpose sports garden as well as kids and senior citizens’ area. Furthermore there are spa facilities, party halls, aerobics areas and more.

Neelkanth Woods by TBhimjyani Realty: Situated in one of Thane’s most popular locality, Neelkanth Woods Thane is located in the Manpada neighbourhood and is the project is called Neelkanth Woods Olivia. Another RERA approved project, Neelkanth Woods’ high rise building with spacious 866 sq. feet 2.5 BHKs flats in Thane, 1100 sq. feet 3 BHKs and 1258 sq. feet 3.5 BHKs are designed keeping in mind that the Indian joint family can enjoy the best of comfort and luxury. What makes this residential project even more special is that you can enjoy the bounty of nature while still living close to every necessary convenience. With a host of fantastic amenities like a landscaped garden, separate kids and adults swimming pools, a fully equipped gym, a yoga and meditation centre, a mini theatre, a badminton and squash court, a library and a spa, Neelkanth Woods Manpada makes for a dream home.

Urbania by Rustomjee Builders: A luxury property situated in Majiwada, Thane. Urbania by Rustomjee Builders is one of the most thoughtfully designed townships.  Urabnia offers 2 and 3 BHK flats of different sizes beginning with 1135 sq. feet all the way to 1735 sq. feet. The project boasts of best in class amenities for every family. Perhaps its biggest advantage is its proximity to the Eastern Express Highway. This project is RERA approved. The highlights of the project include its commercial and retail spaces, a fire station, a multi-sports arena, a kids’ play area, a relaxation area for senior citizens, a barbecue corner, a multi-purpose hall for parties and functions, El Fresco dining area and an amphitheatre.

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25Jun
By In flats in Thane West

5 Great Reasons To Invest In Thane Properties

Once upon a time in Mumbai, there was an area that people neglected. The area was treated like an abused step-child because of its smoke inducing factories and industries. Then one day a group of wise men, known as realtors decided that this abused locality needed a face-lift. Like the fairy godmother in the Cinderella story, these real estate companies made people stand up and take notice of this Mumbai locality, known famously as Thane.  Yes, investing in a property for sale in Thane has now become a fashion. Find out why.

The prosperous legacy of Thane: Thane residential complexes offer great proximity, both to nature to the rapid infrastructural development. Realtors have spent days and years on end, revamping and enhancing this Mumbai locality since 2009. In just 5 years, the property rates in Thane have witnessed a 300% growth. Many offices have also shifted here which has resulted in newer employment opportunities. Thane is all set to generate even more capital appreciation in the real estate segment in the years to come.

Thane has caught the eye of realty giants: Realty giants, for years looked at Thane as an area with a great potential. Today, this Mumbai locality boasts of marvellous constructions by the best realtors in the business, from Godrej Properties to Neelkanth Realty and Piramal Realty to Lodha Group. Each of these real estate companies, have left their signatures in the Thane skyline. Besides, it is only in Thane that you can live in a residential complex with spectacular views of nature.

An optimum blend of commercial and residential complexes: With fewer employment opportunities, schools and hospitals, Thane residents used to waste several hours a day on the commute. But with Thane’s holistic growth and development in the last decade, the city has seen a rise in reputed schools, colleges, health care centres and shopping and entertainment hubs. Like the commercial complexes, posh residential complexes have emerged in areas like Ghodbunder Rd, Mapada and Thane west with investors especially purchasing flats for sale in Manpada.

Thane’s improved connectivity: You can connect to any part of urban and suburban Mumbai, as well as Navi Mumbai via JVLR, SCLR, Ghodbunder Road, Eastern Freeway, NH 8 etc. It is also connected to the Mumbai railway network through the Thane-Panvel Rail line and Central Harbour Rail Line. Furthermore, a metro line between Thane and Wadala is in the offing, which can reduce travel time by half. The MMRDA has many other plans for connectivity.

Thane is family centric: Thane is one locality where your entire family can live in comfort, without compromising on the quality of lifestyle. You can purchase spacious flats that can accommodate joint families comfortably, that too at reasonable prices. T Bhimjyani Realty also known as Neelkanth Group is credited with building the best family centric residential neighbourhoods in Thane.

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12Jun
By In neelkanth woods olivia

Everything you need to know about buying a property in Thane

Purchasing a property is an intimidating task. It is akin to sitting on the KBC hot seat and getting stuck at a tough question. You may research or study everything you need to and still require an expert’s advice to bail you out, to win the jackpot. Likewise, investing in the right property is nothing short of hitting a jackpot. These days, investors in Mumbai have shifted their attention to the city of Thane, which is witnessing a real boom in terms of development and infrastructure. People are buying, 1, 2 and 2.5 BHK flats in Thane West, East and its surrounding areas. If you too are considering investing in Thane, here’s why it is a good decision.

Thane is for anyone seeking an elevating lifestyle

Thane has become a hot-spot for residential and commercial complexes, with several malls, education and health-care centres. Despite witnessing a 400% hike in development within 8 years, Thane is far from done. According to the Mumbai Metropolitan Region (MMR) there are several more infrastructure development plans in the offing approved by the MMRDA. Purchasing a 2 or 2.5 BHK in Thane is ideal for your family’s financial security and comfortable lifestyle. With Thane’s position as a central location, experts have been predicting exponential growth. The city has already moved into a self-sufficiency model.

The locality you select becomes the determining factor

The first rule of real estate investment is selecting a locality with a high potential for future growth, as well as one which is easily accessible. If you are living in a locality like Manpada or Ghodbunder Road, known for fantastic infrastructure such as broad roads, connecting highways and well planned residential and commercial complexes, you can expect great returns on investment in the near future. If you like a locality with, great development and infrastructure and a massive green cover, then the Neelkanth Woods Manpada project in Thane is ideal for you.

Expectations from the future

In the past 5 years, both Ghodbunder Road and Manpada have undergone a major face-lift. These former forest-land stretches have now become a major link between the Eastern and Western Express highways of Mumbai. These areas have become major hubs of residential and commercial property, while also fitting the budget of the average middle-class family. Investing in a project like T Bhimjyani Realty’s Neelkanth Woods Olivia residential complex can prove to be an extremely lucrative investment.

The best residential project in Thane

The ideal way to invest in residential projects is to shortlist projects being promoted by reputed real estate developers. You must also consider their track record regarding the quality of construction and timely completion. The Neelkanth Woods Thane project comes with parking facilities, play areas for kids, community halls and lots more, while also offering great accessibility to markets, schools, hospitals etc.

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2May
By In neelkanth woods olivia

Buying a House in Mumbai – A guide to taking the right steps

One of the most over-whelming feelings one can ever have is when they set out to purchase their dream home. There is so much to think about. Do you want to buy a brand-new property or an existing one? Do you want a home that is ready-to-move in or one that is under construction? Will you be able to afford it? Making these decisions is no easy task. Here are a few things you must remember when you become a home-owner, or are planning to become a home owner in Mumbai.

Take your time to decide: Buying a home in Mumbai is really expensive. You must find your potential property and figure out what you expect from your locality in terms of amenities offered, specifications and features. Next, you must tour the properties and see which ones fulfil your needs and whether they suit your budget. If you have really set your mind on becoming a home-owner in Mumbai, you could consider buying a property for sale in Thane, one of Mumbai’s poshest localities in the making.

Find the right realtor: It is important to find, not only the right agent but also the right realtor. You must look for established realtors who’ve set up prestigious projects along with the right agent with adequate knowledge about the locality you intend to live in. Also ensure you bring your negotiation skills to the fore. Buying a property for sale in Thane, as opposed to other parts of the city is a worthy option.

Read up about real-estate agencies and their projects: Make sure you do your home-work and find out about the best realtors in town. Realtors like Godrej Properties, Hiranandani Constructions, T Bhimjyani Realty and Piramal Realty are some of the best names in the business and have built properties in Thane, South Mumbai, Mumbai suburbs and other parts of the city. The Neelkanth Woods Olivia project by T Bhimjyani Realty in Thane is a great idea for investment.

Location is the key: Location is also a parameter you should have in mind before becoming a home-owner, after all your home remains your life-long asset. If you intend to put your home up for rent, you must find out if the area has the potential to bring you a decent rent. Also learn up the upcoming facilities and existing amenities that can get you a good return on investment when you intend to sell it. Real estate in Thane West, Andheri, Jogeshwari, Goregaon and Kandivali is on the rise right now with the latest infrastructure in place.

Being well informed is necessary: First-time buyers must ensure that they have familiarized themselves with the complete process of buying a home. Even if you have purchased a property before, it is advised that you read up or question your realtor about the changes in the real estate market. Ensure you get vital information about overhead charges like registration fees, stamp duty, property tax, brokerage, legal fees, etc.

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