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Showing posts from August, 2018

5 Smart Things All Navi Mumbai Homebuyers Should Do

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Buying a home is one of the big decisions of a person ’ s life, and the person has to make an intelligent choice of saving themselves from extra expenditure and at the same time procure their dream home. If the buyer is a buying   a P roperty in Navi Mumbai , it should not be a hasty decision albeit a well-researched decision. Below is the list of five smart things homebuyers should note: 1.  Draw up a financial plan: Before stepping into the real estate market, the buyer should draw up a financial budget to plan the expenses of purchasing their dream home. Any smart buyer would first calculate the rough estimate of their home purchasing budget which includes: ✓  How much amount is needed if they a procuring property in Taloja  or any other part of Navi Mumbai? ✓  What will be the down payment? ✓  The amount of home loan ✓  What will be the Equated Monthly Instalments for that loan? ✓  How will it affect their regular monthly budget? Answering these qu

Why Are NRIs Investing More in Commercial Property in Navi Mumbai?

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Nonresident Indians (NRI) have started to invest in diverse areas of the Indian market including the real estate. Real Estate Developers in Navi Mumbai are providing NRI’s with varied options of both commercial and residential properties with a potential to earn considerable returns now and in the future. Usually NRIs prefer to invest in high-end residential properties and sublet them for passive income. However, the slowdown during the last couple of years has prompted NRI’s to switch their investment to commercial properties. Currently, the NRI’s are at an advantage in both residential and commercial properties. The residential properties offered by the Builders in Navi Mumbai come with many incentives like discount and freebies like wardrobes, kitchen and other things. Commercial properties come with a host of amenities that are suitable for subletting for office spaces or as shopping complexes. With the enforcement of Real Estate Regulation Act, the real estate market

The resurgence of real estate in Navi Mumbai

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Navi Mumbai is now becoming one of the preferred locations for real estate investments for the MumbaiKars. The area of Navi Mumbai is also well-known for its Infrastructural advantages along with industrial and technological developments around the corner. Given the impact of demonetization in 2016 and the fluctuation of the home interest rates slowed the performance of the real estate market in the country. Next, came the implementation of Goods and Service Tax (GST) which replaced the other commonly levied taxes around the country. The aim of GST was to bring about uniformity in the commodities and its prices. However, confusion prevailed in all sectors as there were many adjustments to be made. Nevertheless, the real estate market especially the Projects in Navi Mumbai started witnessing a rapid investment streak. This activity could be related to the implementation of the Real Estate (Regulation and Development) Act which aims to secure the interests of buyers and regula

2018 Trends Dominating the Real Estate Market in Navi Mumbai

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The year 2018 has been and still is an eventful year for the real estate market across the country. The impact of demonetization has slowly worn off, and the real estate was getting back on its feet when the government introduced the Goods and Service Tax(GST) in 2017 which unified many complex taxes into one single format. The year 2017 also witnessed the introduction of the Real Estate (Regulation and Development) Act which aims to protect the buyer’s interest and regulate the real estate market in the country. The real estate market of Navi Mumbai started looking up after these eventful changes and here are some of the trends that are dominating Navi Mumbai: 1.The Real estate developers in Navi Mumbai witnessed a rise in the sale of residential and commercial units as the queries regarding GST on under-construction units were resolved. 2. The final quadrant of 2017-18 witnessed a surge in the home purchases as there were signs of improving economy. There were even indic

Why should you invest in Real Estate Projects of Navi Mumbai?

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Mumbai’s real estate investment is always a hot topic, and every development in Mumbai and its suburbs are under constant scrutiny of the developers. One such area that recently witnessed a growth surge and infrastructure developments is the satellite city Navi Mumbai. There is a significant rise in Real estate developers in Navi Mumbai offering their properties for sale. Now let us look at some reasons to invest in Navi Mumbai real estate projects: 1.Great properties: Property in Navi Mumbai comes with high-quality specifications along with excellent location and amenities. They build community projects that come with the comforts of parks, shopping malls, clubs, conference rooms, guest rooms, round the clock security and many more. 2. Locational advantages: Builders in Navi Mumbai are offering properties that are strategically located and has the advantage of assessing the bustling city of Mumbai, Pune and the areas of Ulwe, Kharghar. Navi Mumbai is also going to b

Recovery in Navi Mumbai in Real Estate Investments in 2018

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The real estate market is getting back to its pace after the run-ins with demonetization, GST, and RERA. Most of the metros and cities are maintaining the same prices or have experienced a little fluctuation. The satellite city of Navi Mumbai is one of those places that witnessed an upward rise in the sales of Projects in Navi Mumbai and its surroundings. The Navi Mumbai real estate is going through booming phase due to its locational advantages. The real estate. The Real Estate (Regulation and Development) Act is one of the major factors that boosted the property of Navi Mumbai. The Real Estate (Regulation and Development) Act was implemented to protect the interest of the home buyers and raise investments in the real estate. After, the implementation of the RERA, the real estate developers in Navi Mumbai have seen a consequential rise in the sale of properties. It has become mandatory for all real estate developers to adhere to the rules of the RERA. Even the slightest al

How to buy your next Property in Taloja?

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Buying a property is a big step in an individual’s life, and the location of Navi Mumbai is the perfect choice for your purchase. The real estate market of Taloja is bustling with properties from builders in Navi Mumbai and has great amenities along with locational advantages. Here some tips to buy your next apartment property in Taloja: 1.Shop around: If you are looking for investing in Taloja projects, the best idea is to shop around, look at some properties, compare the properties, its facilities, and the price. Comparing properties around town will give you a better idea of the market and clarity on what type of property you would like to invest. 2.Research the market: Before embarking on the purchase on a property in Taloja , you should research the market and know the about the current market value and the guideline value of the property. Know about the extra costs that are associated with the property and the prices offered by the builders in Navi Mumbai for the

10 Home Buying Tips for Property in Navi Mumbai

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Buying a property is the dream of many, and Navi Mumbai is one of the fast-developing areas that have a multitude of real estate developers offering projects with world-class amenities. If you are first time home buyer or a new buyer investing in Navi Mumbai, here are some tips. Tip No#1: Decide the investment limit: When investing in a property in Navi Mumbai , the buyer should first set a budget for the property and also save for the deposit that is needed for the down payment apart from the home loan. Before zeroing in on the sale, the buyer should also evaluate their prior financial obligations like personal loan, student loan and the amount they can pay as Equated Monthly Instalments (EMI) apart from their monthly budget of expenses. Tip No#2 The buyer should assess their future needs and goals of their investment. They should decide whether investing in projects in Navi Mumbai is justified for personal needs or is it for capital appreciation. Tip No#3: Improve y

Reasons for Investing in Projects in Ulwe

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Ulwe is one of the future investment areas of Navi Mumbai. The strategic location of Ulwe is very advantageous as it is in proximity to the plans of Reliance SEZ , close to Navi Mumbai International Project, Mumbai Trans Harbor line, a railway connecting Nerul – Ulwe. Many builders in Ulwe are in the process of completing of prestigious projects in Ulwe  that offer world-class amenities and facilities within their premises. Here are the some of the reasons for investing in projects in Ulwe : 1.  Capital appreciation: The average rate of per square feet in Ulwe is Rs.5,773- Rs.8,238 and this price are showing a promising uptrend in the years to come. Flats in Ulwe  offer the same quality and amenities on par with projects in Mumbai thereby making up for a great lifestyle. 2.  Proximity: Ulwe has the proximity advantage by road, air, and sea, thereby elevating it to be one of most sought after localities in Navi Mumbai. Some of the projects that are taking place