28Nov

The Many Advantages of Investing in Thane’s Real Estate

Thane’s real estate has been booming for over a decade now. It has become one of Mumbai’s poshest neighbourhoods. With the constant development this vicinity has been receiving in the last few years, Thane has also been attracting the attention of the affluent of Mumbai, who previously remained loyal to purchasing properties in the posh Mumbai localities of South Mumbai, Bandra and Juhu. Yes, the Thane real estate market has become hot property and flats for sale in Thane are selling out like hot cakes. If you are deliberating a real-estate investment, here’s why you should consider Thane:

Residential complexes meant for the Indian joint family: Most Indians tend to live in joint families. However, with property-rates touching the sky, owning 2 or 3 BHK homes in Mumbai is rather difficult. The residential projects in Thane such as T Bhimjyani’s Neelkanth Woods Olivia are specially developed so that the traditional Indian joint family can live together, comfortably under one roof.

Efficient public transportation: It is important to have a good public transportation system; whether you wish to travel within the city or out of it. Thane Railway station is a major junction for trains arriving from and departing to different parts of the country. It is also a starting and terminating station for local travel, whereas there are innumerable options for local bus transportation too. Add to that, the construction of the Thane Metro has also resulted in the popularity of flats for sale in Thane, in that many investors are deeming it a worthy investment.

Health care facilities: Having good health-care in your vicinity is of primary importance and Thane has become home to some of the finest institutions for health care within the country. What is more, there is a good mix of private and public hospitals to fit every budget. With hospitals like Hiranandani hospital, Jupiter hospital, Bethany hospital and Horizon hospital, Thane is well-covered in the heath-care department.

Educational centres: Just as it is important to have good health care facilities, it is also important to have good educational centres; be it pre-schools, middle, secondary and high school or colleges. There is also a good mix of public and private schools in Thane like convents and international schools. Most colleges in Thane are affiliated to the reputed Mumbai University.

Affordable for every budget: The beauty of real estate investment in Thane is that you can find a home to fit every budget. You can choose from 1, 2, 2.5, 3 and 3.5 BHK flats form popular builders like Neelkanth Group, Lodha Group, Godrej Properties, Piramal Group and so on. Most of the companies in Thane’s real-estate business are reputed companies with years of experience.

Easy rental income: Even if you choose not to live in Thane, you can purchase a home in a residential project from any of the builders e.g. Neelkanth Realty and turn that house into an investment by putting it up for rent. You can expect to earn good rental income from your Thane property.

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12Nov

Thinking of Purchasing a Property in Thane- Consider These Features

Mumbai’s Thane locality once had the reputation of being far-removed from the city. Travelling to Thane was considered very hectic. Besides, it was always regarded as an industrial area known for its smoke-emitting factories that contributed to a lot of air and noise pollution. But in the mid 2000’s Thane began getting a face-lift when builders like Neelkanth Realty, Piramal Realty, Lodha Group etc., began recognizing the true-potential of this Mumbai neighbourhood. Thane’s 360 degree make-over resulted in the birth of an affordable locality, ideal for the perfect family life. If you are considering purchasing a home in Mumbai, make sure you consider a property for sale in Thane. Here’s why:

Realty developers have spotted a diamond in the rough: Thane was always treated by industrialists as the unwanted step-child until real estate companies began taking notice of its potential. Real estate builders like Neelkanth Group by T Bhimjyani Realty, Godrej Properties Limited, Rustomjee Constructions, Hiranandani Group etc., recognized the space value that Thane offered in the otherwise crowded Mumbai city and came up with several phenomenal and spacious residential projects. This also attracted the attention of Mumbai’s affluent folks who began investing in Thane.

Public travel facilities: Getting around in a big city like Mumbai, especially by local trains in the rush hour traffic can be an absolute nightmare. Thankfully, Thane serves as an originating and terminating station, which makes it easy for one to board and alight from trains. Furthermore, Thane railway station also serves as an important junction from where you can board out-station trains to most parts of the country. Besides the already available BEST buses to various parts of the city, the Thane Metro project is set to make travelling in and out of the neighbourhood even more convenient.

Thane is Mumbai’s new “it” neighbourhood: The popularity of Thane in the last decade has sky-rocketed. Thane has become the perfect place to hang out with your family and friends; whether you want to catch a movie at one of the numerous multiplexes, go fine-dining or just indulge in some good old retail therapy, Thane spoils you with innumerable options. The shopping malls in the neighbourhood house some of the most prominent national and international brands. You can opt to purchase flats for sale in Manpada, Ghodbunder, Majiwada, Thane West or any other Thane area and still be just a stone’s throw away from all the places where the action is happening.

Fantastic everyday amenities: Apart from shopping malls, fine-dining restaurants and entertainment centres, Thane is also home to some of the finest international schools and health care centres in Mumbai. It has become Mumbai’s Information Technology hub as well, with many corporates and businesses shifting base to Thane. Purchasing a property for sale in Thane and living here is ideal for working professionals with children and older parents as you get all the necessary facilities in the distance of a few kilometres.

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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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18Oct

Top Localities For NRI Investment In Mumbai

India’s real estate sector has been attracting the attention of Non-Resident Indians for quite a while now. Every Indian settled abroad knows the value of real estate in India’s poshest cities be it Mumbai, Delhi, Chennai or Bangalore. Mumbai especially remains a favourite of NRIs, thanks to its position as the financial capital of the country. NRIs, who earn in currencies, superior than the Indian Rupee (INR) find it much easier to invest in real estate in Mumbai. Whether you choose to invest in new residential projects in Thane, Suburban or Southern Mumbai, you can rest assured that your investments will definitely yield high returns. Here are the top localities for NRI investment in Mumbai.

Bandra West: Bandra West is one of Mumbai’s poshest neighbourhoods and is the preferred locality for individuals with high incomes at their disposal. From Hill Road to Turner Road and Linking Road to Carter Road, Bandra West is a real estate goldmine. This neighbourhood is well connected to other parts of the city, making it the perfect locality for NRI property investment in India.

Dadar West: There is a reason that Dadar, especially the West of Dadar is regarded as the heart of Mumbai. This Mumbai neighbourhood enjoys close proximity to central and western railways, with one of the biggest railway stations in the city. Dadar is also packed to the rafters with several budget shopping arcades, huge markets, schools, hospitals and all other necessary amenities, making it an ideal choice for NRI investment.

Thane West: With some of the best real estate giants in the city backing exceptional projects, Thane West has become one of Mumbai’s favourite localities for real estate investment. New projects in Thane Ghodbunder Road and other Thane West areas by builders like Hiranandani Constructions, T Bhimjyani Realty, Godrej Properties etc., are known for their fantastic infrastructure and modern amenities. Thane is also one of the rare Mumbai neighbourhoods where investing in real estate is affordable but the yield of returns is very high.

Colaba: Colaba has forever been known as the locality where the crème de la crème of Mumbai’s business world reside. One of the poshest South Mumbai localities, Colaba is best known for its sky-rise buildings and tall skyscrapers. This uber Mumbai locality is catching more traction, thanks to the upcoming Metro III project that has already begun in the locality. Now is the right to invest in Colaba, before the property rates start sky-rocketing.

Andheri: Andheri in suburban Mumbai is known for being one of the best neighbourhoods in the city, which is well connected to all other parts of the city. Besides being a starting and terminating station for local trains on the western and harbour lines, the Andheri-Ghatkopar Metro has also made it convenient to travel to any part of the city within minutes. NRIs can consider any part of Andheri for real estate investments. Just visit the NRI corner on the website of your chosen developer.

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13Oct

Planning To Buy A House In Mumbai – Choose From These Real Estate Companies

For many people, owning a house is one of life’s biggest dreams. Those who have higher aspirations, often dream of owning a house in a city like Mumbai, the financial capital of the country. Every year, more and more people flock into this dream city. But only a few make it big enough to own a home here. If you’re one of the lucky few, who can afford a home in Mumbai, ensure you choose from one of these real estate companies in Mumbai, when you purchase your dream home.

Godrej Properties Limited: Established by business magnate Adi Godrej as part of the Godrej Group, Godrej Properties Limited was launched in 1990. Since its establishment, the company has gone on to develop projects worth millions of square feet in the crème de la crème locations of Mumbai. This real estate company in Mumbai was one of the first to obtain ISO certification and is especially known for its excellent quality construction. GPL is one of the most trusted names in the realty business and is known for creating extraordinary residential projects.

T Bhimjyani Realty: In the past decade, Mumbai’s Thane area has become one of the poshest localities, where one can purchase affordable and spacious homes. The Neelkanth Woods Olivia project in Thane West by T Bhimjyani Realty is one of the few residential projects in the city that allows you to enjoy the spoils of nature, with several beautiful lakes, parks and green cover surrounding the project. The giant real estate boasts of an experience of over 40 years in the real estate business and has the reputation of building affordable and spacious home in Thane for decades together.

Hiranandani Developers Private limited: Another realty giant that has set up offices in various parts of the country, the Hiranandani Construction group has 4 decades of experience in the real estate business. The company is however best known for its luxurious residential projects in Thane, making them one of the most renowned real estate developers in Thane. Hirandani Developers are known for their sturdy and excellent quality residential projects in Mumbai.

Piramal Realty: A real estate company that entered the industry in the 1990s with the focus of creating high-grade retail and commercial projects, Piramal Realty has now become one of the best builders in the residential projects space too. Known for their spacious homes, built in ultra-modern architectural styles, Piramal Realty is especially become one of the favourites among people hoping to invest in real estate in Thane West.  One of the greatest advantages of purchasing a home from Piramal Realty is that you stand to own flats ranging from 1400 to 2000 square feet, complete with modern amenities and club houses in a city like Mumbai.

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27Sep

5 Things To Check Before Buying A Property

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

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

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

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

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

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

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

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22Sep

Advantages of buying 3 and 3.5 BHK flats in Thane

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

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

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

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

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17Sep

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

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

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

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

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

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

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25Aug

Simple Tricks to Glam up Your Flat Like a Celebrity Home

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

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

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

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

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

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

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12Aug

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

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

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

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

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

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