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Showing posts from February, 2019

Security Tips for Women Living Alone in Rented Houses

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With urban areas witnessing growth in the number of single women, as working professionals and students, there is also a corresponding increase in the demand for rental houses that cater to them. Safety and security are crucial aspects, when it comes to selecting an apartment, for such individuals. Considering that rental properties often come through brokers, avoid going alone with an agent for the first time. Conduct your own diligence, prior to selecting a home, including a reference check on the landlord. Neighbourhood and access to public transport “Doing an online search of the property, which is now possible due to various websites, will give you a better sense of the neighbourhood . Ensure that adequate security measures are in place and also check the crime rate in the neighbourhood . Understand the proximity to public transportation networks and access to taxis/rickshaws from the property. If possible, visit the area along with a friend, late in the evening or ni

The Growing Demand For Luxury Homes Projects in kharghar

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In the recent years, the real estate sector Property in Navi Mumbai has witnessed a growing demand for luxury homes. There are many factors that have contributed to this trend. Enhanced career prospects, greater margins of disposable income, and the increased affordability of luxury Projects in kharghar have contributed to this demand. Here are some reasons why luxury homes demand: Prestige and status symbol: A luxury house is more than just a place to live. Investing in a luxury house is a matter of prestige for home buyers, and the house serves as a definitive status symbol that plays an instrumental role in defining and shaping the lifestyle of the house owner. Buy luxury Flats in kharghar with affordable price. World-class amenities for a superior lifestyle:  Luxury house is synonymous with everything that comes to mind when you think of ultra-modern comfort. house automation, exquisite interiors and world-class lifestyle, fitness and recreational amenities promise

Tips to Crack a Good Deal While Investing in Commercial Real Estate

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Investment in real estate, especially residential properties, is quite popular amongst the investors. However, the benefit and opportunities available for investments in commercial spaces, could be far more significant than residential properties. Rental yields in commercial properties Commercial and residential properties have very different dynamics. From an investor’s perspective, a commercial property is normally traded on a yield basis. An investor targets a rental return of at least seven to eight per cent on a commercial property, says Nitesh Punjabi, associate director, capital markets and investment services, Colliers International India. “Moreover, it is not very easy to leverage on the investment in a commercial property. The only leverage that is available is loan against property, which is more expensive than a home loan,” Punjabi adds. On the other hand, residential investments usually yield rental returns of two to four per cent. An investor in this asset cl

Dronagiri: New Rail Lines to Provide More Connectivity, Improve Network

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Update on February 4, 2019: The interim budget 2019 has made a provision of Rs 584 crores, for various phases of the Mumbai Urban Transport Project (MUTP). The interim budget presented by finance minister Piyush Goyal, has allotted Rs 7,672 crores for the Central Railway in total, of which Rs 744 crores are for various transport projects. It will cover the Belapur-Seawood-Uran railway line project in the Mumbai region. Transportation and connectivity are two key factors that home buyers keep in mind, while selecting a property. Consequently, areas that are well-connected to office hubs and market places, witness good demand. Recently, on November 11, 2018, the Central Railway (CR) opened up a 12-km corridor, which links Nerul and Belapur in Navi Mumbai with Kharkopar in Ulwe, much to the delight of the residents of Dronagiri and Ulwe. The corridor is the first phase of the 27-km Belapur-Uran corridor, which is being developed by the CR and the City and Industrial Development Cor

Top Reasons to Choose Flats in kharghar

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Flats in kharghar , a 1, 2 & 3 BHK ongoing residential project near IT Park, Shopping Mall, is truly extra-ordinary. While the world is busy building mediocre apartments, Projects in kharghar   truly stands apart as an architectural marvel. Why You S hould make Your H ome at kharghar kharghar is probably the only place around, wherein you will never see anything that blends in with the mundane. The exact thought was kept in mind even while designing these amenities. Every step you take here, gives you an experience of walking in the shadows of greatness that you have showered upon this entity called Real Estate Developers in Navi Mumbai . Location: kharghar is a residential project of 1, 2 & 3 BHK flats with a location very few others can boast of. Strategically located near IT Park, Airport, it offers great connectivity to workplaces, schools, hospitals, malls and other places of importance. With your travel-time minimised , there’s plenty of time, sp

Most important clauses for any rental agreement

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Vasu Srivastava, an aspiring law student from east Uttar Pradesh, who recently shifted to Delhi for her higher studies, moved into a two-bedroom apartment in Dwarka, with her college friend. However, after two months of their stay, they started noticing problems with the plumbing and electrical wiring in the apartment. When Srivastava raised the issues with her landlord, the landlord simply denied any help and asked her to pay for the plumbing and wiring repairs, from her own pocket. Srivastava had failed to read the fine print in the agreement which had a clause that was slightly tweaked to favour the landlord. Dos and don’ts while drafting a rental agreement The rent agreement, a document that seals the arrangement between a landlord and the tenant, is a potent instrument that can be used and misused. Shyam Sunder, a Delhi-based lawyer dealing in property related cases , “The rent agreement, if formalised properly, helps the landlord and the tenant, and results in a g