Siddhivinayak Homes

Buying a home is a dream come true for individuals. A home of one’s own is a place for them put their feet up and connects them with people they love. But, most often people don’t know that their slice of heaven also gets them tax benefits. Under section 80C, 24B and 80EE of the Income Tax Act, 1961, buying a residential property are qualified for certain deductions. Nowadays the current real estate market in Navi Mumbai is great and it is also the right time to take advantage of that fact. Listed below are the deductions under the Section 80C: The principal amount of the home loan availed by a person for a Property in Navi Mumbai is eligible for a tax deduction. The maximum tax deduction is at Rs.1, 50,000. This amount also includes the amount saved in mutual funds’ investments, PPF, tax-saving fixed deposits, NSC and Senior Citizens savings scheme. This benefit can be availed by the buyer only if the property construction is completed and the buyer receives the completi...

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 ...

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 Property 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 questions will help the buyer to know ...

The current real estate market scenario of Navi Mumbai is quite favorable to home buyers. Starting from demonetization to the introduction of RERA along with tax benefits, reduction of property rates and a range of affordable housing options from many Builders in Navi Mumbai . Moreover, the Pradhan Mantri Awas Yojana scheme introduced by the Government has also proven to be a huge incentive. With all these advantages, it is the right time to buy a home of your own, however choosing the right builder is the key. There is an availability of many builders in the market and choosing the builder who is compatible with the buyer’s interest is essential as there are projects in the market that have been abandoned or in litigation. A person could lose their life savings by investing with the wrong builder. Here are some tips to choose the right builder: Reputation: Most buyers prefer builder who has well upstanding in the market and with a reputation for handing over projects in th...

Home is the place where you let your inhibitions loose and have a relaxed time. Adding a wee bit of luxury to our home is the perfect ending to a long and arduous day. Many interior designers use a mix of materials and finishes to add that luxurious touch. Many Real Estate Developers in Navi Mumbai recommend these five luxury home design trends. 1.Wallpaper makeover: Many are of the opinion, that wallpapers are a thing of the past. It is a common misconception, one can use wallpapers to create different looks for each and every room of the property. There are many kinds of wallpapers that come in metallic accents, florals, rich colors that just pop and capture the essence of the room. Using one wallpaper on side of the room and paint on the other side is a great way to bring out the furnishings of the room. Wallpaper can also be used to create accents or bring layers of textures to the whole house. 2.Beautiful lightning: Lighting is the magic that can make or break a room...

Kharghar is one of the most rapidly developing areas of Navi Mumbai. Kharghar has many projects fielded by Real Estate Developers in Navi Mumbai . Affordability is one of the primary reasons why Kharghar is preferred areas to invest in Navi Mumbai and it has access to all bustling areas of Mumbai and Navi Mumbai. Here are eight reasons why Kharghar has the most profitable commercial properties: 1.Navi Mumbai has been witnessing impressive physical and social infrastructural developments thereby creating the perfect setup for commercial players to set their footprint in Navi Mumbai. if a buyer is investing in projects in Kharghar, they will be at an advantage of being able to access Navi Mumbai's business zones like Vashi, CBD Belapur, Mahape as well as to Taloja, a big industrial hub. 2.An area’s commercial advantage will be at a high if it’s well connected by transportation and has amenities that give access to both residential and commercial opportunities. The upcomin...