15Jan

5 Advantages of Investing in Under Construction Properties

Off-plan or newly constructed property: which is better? This is a question that every investor mull over before making an informed decision. Buying a house is never easy. Although it may be an exciting milestone, it is a tedious task. The buyer has to be conscious of minute details like the design, number of rooms and the locality. When it comes to Mumbai, many real estate companies are slowly migrating to the new hub, Thane.

Over the years, Thane has outgrown to be the greener and scenic place. Precisely one can find high-end realtors such as T Bhimjyani, Lodha, Runwal, Piramal projects coming up at affordable rates.

One of the much-anticipated under construction projects in Thane is the T Bhimjyani’s Neelkanth Woods at Manpada. It is a culmination of nature and luxurious spaces, closer to the city’s essential amenities and offers world-class facilities to its investors.

Coming to the question between under construction and new-made property in Thane, the following points will explain why the former is ideal:

1)    Time saves dimes: Purchasing under constructed properties are cheaper before the completion stage. Meanwhile, ready to buy possessions are expensive. One almost spends 20 to 40 per cent more money on new construction properties. By investing in under constructed accommodation, the equated monthly installments (EMIs) of home loans shorten as the loan budget reduces considerably.

2)    Profit and more profit: Real estates are an excellent source of investment. When the investor purchases properties at the pre-possession stage, they can earn a substantial profit by selling them before the completion stage. Moreover, the additional benefit in some of the under construction projects in Thane is, buyers can modify the amenities/facilities as the builders have to foot the bill and not the buyer.

3)    Government support: The fear of loss of money is a thing of past, legally and literally. Thanks to the new Real Estate Regulatory Act (RERA), builders cannot fleece the buyer anymore. As per the Act’s directive, builders who do not comply with the deadline of the project, have to return the invested money along with interest to the buyer.

4)    Your home, your design: Most often ready to occupy accommodations leave the buyers disappointed as the design and architecture are not up to mark. While in under construction apartments, one can make changes as per their specifications or Vaastu to a certain extent.

5)    Investment authority: Before advertising or selling the property, builders have to register the project under RERA. Post-registration, builders have to upload the property related documents to RERA portal for the layman’s perusal. This keeps the buyers’ money secured and saves them from fraudulent activities. The investors can also monitor if the invested capital is getting rightly utilised in pre-possessed properties. If not, they can complain to RERA of the same.

Get the calculations straight before investing in under or new construction in Thane.

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12Jan

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

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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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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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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2Jul

Buying a Flat in Thane – Pick One Of These Real Estate Companies

In India, everyone dreams of owning a home in a Mumbai city. Despite its relatively smaller homes and sky-high buildings, people aspire to purchase homes in Mumbai, knowing fully well that their investment will yield great returns sooner or later. After all, the real-estate rates in Mumbai are forever increasing. Yet, there is a suburb in Mumbai which is coming up with great residential projects at affordable rates. We’re talking about Thane. Smart investors looking to purchase a flat in Thane should choose from one of these four real estate companies.

Piramal Realty: The Piramal Group made its entry into the India real estate market in the 1990s with real estate projects in the retail and commercial sectors. It is only recently that this company began focusing on the residential sector and has already made a mark when it comes to providing architecturally innovative homes that suit the life-style of their customers. The USP of Piramal Realty is that unlike other projects in Mumbai, customers can get 1400 and 2000 sq. feet homes all with modern amenities.

T Bhimjyani Realty: Known particularly for their Neelkanth Woods Olivia project in Thane, T Bhimjyani is one of the most sought after realty companies in Thane. The realty giant is known for its affordable and spacious 2 and 3 BHK homes with 866 to 1261 square feet carpet area respectively, in high rise buildings. T Bhimjyani Realty has made a mark in real estate in Thane West. Aside from helping customers get financing from various banks, the company also provides world class amenities with its projects such as gymnasium, swimming pool, club house, a play area for children, and rain water harvesting.

Wadhwa Group: One of the premier real estate companies in Mumbai, Wadhwa Group has been in the real estate business for 5 decades and is known for its state of the art residential projects. The company is also associated with commercial and retail projects. Wadhwa group has constructed many residential projects in suburban and south Mumbai and is now focussing on Thane. Its flagship project in Thane’s Kapurbawdi area includes 2, 2.5., and 3 BHK flats starting at 697 sq. feet up-to 1600 sq. feet.

Shree Group of Companies: Having established themselves as one of the best realty companies in Mumbai’s metropolitan area, Shree Group has majorly developed residential projects and is known for using the highest quality materials in their buildings. The company has maintained its reputation consistently when it comes to providing all the modern amenities required by customers and has also been rated highly on the customer satisfaction scale. This real estate company in Thane and has launched a project for 2BHKs with a floor area of 970 sq. feet.

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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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1Oct

Thane Emerging as A Major Residential Location

Thane has definitely grown to be a major residential location. You will find a lot of people considered it to be a lucrative property investment destination. Thane is definitely scoring over the other parts of the Mumbai Metropolitan Region or MMR. It is one of the most sought after location among the potential homebuyers. Thane is considered by people who are looking for affordably priced apartments. If you are planning to invest in Thane property, then consider hiring help from top real estate companies.

These companies work towards helping you find a right property or apartment based on your needs and requirements. There are a number of benefits offered by Thane for potential homebuyers. There are different and various factors that help Thane to be a major residential location among the others. The strategic location of this city, rapid infrastructure development, realistic property rates, availability of the land for housing and more. These are some factors that have led to the popularity of Thane as a major residential location. In fact, these are some aspects that attract potential home buyers.

A lot of real estate companies in Mumbai understand this aspect and offers upcoming and new residential projects. The residential market of Thane has evolved effectively as compared to what it was a few years back. This has also led to many people shifting their base to Thane. After all, Thane offers homes and apartments that are reasonably priced with all the modern amenities, open spaces and not to forget greenery. Not many know, but as compared to Mumbai, buyers stand to get bigger and spacious homes with modern amenities in Thane. It also works in favour of investors for they can earn better returns. The proposed Thane metro has also led to increase in demand for its real estate market.

Another main reason for the growing popularity of residential real estate market of Thane is the rise in the information technology companies. These IT companies have shifted their offices to this beautiful city, Thane, which in turn has made it into a major tech and service hub.

Some Prominent Real Estate Companies in Thane

Taking advantage of growing popularity of Thane as a residential area are top real estate companies. A number of well-known developers Kalpatru Group, T Bhimjyani Realty Private Limited, Puranik Builders and more have started their residential projects in this budding city. These companies offer apartments keeping in mind the needs of its buyers.

So, if you are planning to invest in a property, consider Thane!

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25Sep

3 Reasons Why One Should Hire a Real Estate Company

Now that you have decided to purchase your first house, what are the major aspects you have considered? Well, it definitely has to be location, the facilities and most importantly the budget. You have a long way to go before you finalise on the house or property you like. For a person who is buying a house for the first time, it is important to seek an expert. This is where the importance of getting in touch with reliable real estate companies comes into the picture. With years of experience, these companies can help in shortlisting the properties according to the buyer’s needs and preferences.

Here are some reasons why hiring a real estate company a good option when buying a house:

Better Access

A real estate company aims at offering the complete list of the available properties in the area you are looking for. If you plan to do all the searching by yourself, then you are bound to lose out on some great opportunities. You should know, the real estate market is quite tricky, and no one can understand it better than a real estate company. The team of agents are there to guide and help through the whole process. In short, you have easy and complete access to all the properties listed by the company. Say, for example, if you are looking for a house in Thane, then a reputable real estate company in Thane will help in tracking down the house that best meets your criteria. Well, the same does not happen when you plan to do this job all by yourself.

Has Local Real Estate Market Knowledge

As a buyer, you should know, the real estate market is different from town to town and even neighbourhood. Having a thorough understanding of the local market when buying a house is of paramount importance. However, a company will take care of this aspect as they are well versed with the local real estate market. Besides, the experts keep themselves updated of the real estate market price thus ensuring you get the best deal.

Availability of Both Ready-To-Move-In and Under Construction Properties

Apart from helping a buyer, real estate companies have easy availability of both under construction as well as ready-to-move-in apartments. You can choose the one that best meets your needs and requirements. If you are planning to move immediately, then you can opt for ready-to-move-in apartments. If you are in a hurry, then how about investing in under construction properties.

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21Apr

2 BHK flats in Thane – A blessing in disguise

There is a sea of options when it comes to buying newly constructed 1 or 2 bhk flats in Thane. These apartments are fully equipped and are located in the highly developing areas of the district. This makes these housing developments a great adobe for people willing to lead a balanced lifestyle. The area is neither too crowded nor too deserted. The extremely well-planned connectivity and access to civic amenities make this region one of the best for modern living. Let’s go over the following benefits of investing in a real estate project in Thane.

Easy Access to the City:

There are numerous real estate companies in Thane that have housing complexes in centrally located areas. These localities are connected to the main city from all ends. You could either take the Eastern Freeway on one side or take the Ghodbunder Road that connects you to the western suburbs of Mumbai. There are many flyovers and highways that merge at Thane making it a highly commutable area.

Scenic Views All Around:

Thane is a locale surrounded by luscious hills and creeks. This creates an opportunity for property builders to construct homes with scenic views of bountiful nature. You will find hill facing, creek facing, and forest facing homes that strike the right balance between man-made and nature-made wonders.

All Kinds of Civic Amenities:

The area also has all sorts of civic facilities including renowned schools, colleges, multi-specialty hospitals, entertainment hubs, supermarkets, technology parks and more. They are the life and soul of any vicinity that fuels satisfied living. This is why buying 1 or 2 bhk flats in Thane is a blessing in disguise. It brings about a world of opportunities and amenities that facilitates a wholesome residential experience.

Amazing Price Ranges:

This is another perk of purchasing a property in Thane. The price ranges are much more favourable as compared to the suburbs in Mumbai. If you are looking for spacious homes at affordable ranges, this area is sure to fit the bill. There are various realty dealers in this zone that offer a wide range of enticing property options. The price ranges are constant in all the regions of the district.

These are the major advantages of buying a home in Thane. The development projects are great for domestic as well as NRI property investment. It is a wise decision for a buyer to invest in a residential property in this vicinity. However, it is also vital that you make a comparison of the offerings by different dealers and builders and to do a background check of their previous deals.

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