Projects in Panvel, Luxury Homes in Panvel, Projects in Panvel, Buy Propery in Navi Mumbai
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Design & Innovation - Balaji Symphony
Balaji Symphony is a complex of multi-storey towers designed aesthetically and inspired by best-in-class world lifestyles, grounded firmly by Indian ingenuity and warmth.
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7 Best Home Decorating Ideas If You Are On A Budget
Decorating your House in a manner that reflects your personal style and taste can truly bring it to life. House decoration, however, has become synonymous with hefty expenses, which is why many people shy away from making up their spaces. However, the good news is that you can transform the way your House looks, even if you are on a budget. Here Are House Decorating Ideas For When You Want To Make Big Decor Changes On A Small Budget: 1. Rearrange The Furniture: This zero cost decorating idea only needs a bit of time, creativity and some strong muscles. Pick a room and make it feel brand new by organizing the furniture in a new layout. 2. Decorate With Books: While books make for lovely items to own (and read), they can also work wonderfully when it comes to decorating your house. The best part is that books come in all kinds of colors and sizes, which makes this a great way to add character to your house. 3. Paint The Kitchen Cabinets: Similar to painting an accent wall, painting the kitchen cabinets will quickly give one of the most used rooms in your home a fresh feel. Pick a color and grab a brush. 4. Light up: Lighting plays a crucial role when it comes to home decor. Make use of scented candles, LED lights, floor and table lamps and DIY lamps to illuminate and beautify your house. 5. Wall Art: Decorating your walls doesnât always have to mean hanging up expensive works of art. You can create a gallery of photographs in frames, or even hang up some everyday items like plates to add character to your walls. Putting up framed mirrors on the walls is another great way to add charm and a sense of space to your house. 6. Fabric Decor: The fabrics in your homeâbe the curtains, the upholstery, the bed linen or the rugsâplay a big role in decor. By selecting these well, your job of decorating your house beautifully is nearly done. 7. The Green Theme: One of the most budget-friendly and creative ways of doing up your house is by adding a variety of indoor plants to your space. The greens add a refreshing and natural vibe to the home, while creating a beautiful decor theme. Looking for the perfect house? Explore 2 and 3 BHK Flats in Panvel a premium residential project by Balaji Symphony. Buy houses Flats for Sale in Panvel.
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Should I Invest In A Real Estate Property in Panvel?
Panvel, Navi Mumbai has emerged as one of the favorite cities for investing in the residential Projects in Panvel. Famed for the educational institutions and the picturesque localities, the city is a bustling metropolis with great places to live in, with entertainment and dining options to add to the excitement. Owing to a surge in commercial and residential spaces, the Panvel real estate marketplace has touched new heights. It is one metropolis where the housing property market has always maintained its momentum even during the difficult times. This city has been ranked as the best performing real estate market in recent years. People buy residences in Panvel with diverse purposes for a living, investment, leasing or renting out.
Some Prime Reasons Why You Should Consider Buying Or Investing in Property in Panvel
Better Physical And Social Infrastructure:
The growth in the number of large adjoining areas of the city has led to a distinct improvement in the infrastructure within the city. As a result, infrastructural development has resulted in a raised demand for flats and apartments in the budget as well as luxury category Flats in Panvel. A consistent progress in multiple aspects has placed the city in the national spotlight. It is marching ahead with a vibrant growth culture.
Steady ROI Over The Next Few Years:
Although the rate of appreciation of property prices in many areas of the city has slowed down in the past one year, there is still ample scope for steady capital value appreciation in the years to come. If you are looking for a suitable market, Panvel is definitely a good option to invest in and gain in the long term. Buy Flats in Navi Mumbai. Â
Affordable Residential Projects:
Panvel is a safe bet for investment in residential realty. If you are averse to high risk investment options, try this âmid-segmentâ market and ensure complete peace of mind. Upcoming township projects are in huge demand. Panvel is an incomparable realty market because buyers have numerous options to select from as per their require.
Increased Employment Scope:
It is a flourishing commercial city with plenty of employment options, particularly in IT companies. Accessibility of land, relaxed lifestyle and pleasant climate make it a happening place. Growing employment potential in IT, manufacturing, education, healthcare and automobile sectors have accelerated the rate of growth. Buy 2 BHK Flats For Sale in Panvel.
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6 Must Follow Vastu Tips For Your House
Vaastu Shastra, an Indian Vedic system, holds significance when it comes to deciding physical, psychological, and spiritual energies for your home. It is followed worldwide in the field of architecture and design. Even when buying a new house Property in Panvel it is usually a good idea that you check the direction of the entrance and if it fits according to Vaastu Shastra, as the most suitable entrance for your home.
1. Keeping The Entrance Clutter-Free:
The essential part is to keep your main door attractive and clean with a beautiful design because it brings in energetic and pleasant energies and invites happiness and success.
Apart from the decoration, another important role is played by lighting as a well-lit entrance is not only safe, but brings happiness to the household, because it is believed that it is the main door that allows positive energy into the home.
It is better to avoid entering the home with shoes on and place a shoebox/shoe rack near the main door, the shoes shouldnât be cluttered.
2. The Main Door:
Cracked or aged doors are better to be replaced immediately.
The main door should be the largest and the widest in your house, according to Vastu Shastra. If required, you can place a âSwastikâ symbol cut-out on the door for good luck.
It is also believed that if you place a doormat at the main entrance, it absorbs the negative energy and helps prevent it from affecting the peace in the household.
Do not place dustbin or garbage bins at the main entrance as they tend to attract negative energy.
3. Peaceful Coexistence:
The Kitchen is the food factory of one's home & needs to be in a perfect balance as the two opposite forces of nature, water & fire co-exist here.
The placement of the stove and sink should be in such a way that they do not collide with one other. They should be placed as far from each other as possible.
The art of adjusting and balancing the energies of nature, which in return brings peace and prosperity to your home and life is what Vastu Shastra is all about.
4. Use Pictures, Idols & Symbols:
Keep a water fountain in the north-east part of your home and make sure that the flow of water is constant. Flowing water symbolizes the flow of energy and prosperity.
A sparkling clean glass of windows and doors attracts fresh and positive energy in your home and to your life.
Placing religious figurines, pictures and symbols help keep negativity at bay.
If you have space, create a small garden outside the window and have a curved pathway or pave the path with pebbles and install a fountain.
5. Natural Sunlight Should Not Be Hindered:
Moreover, ample sunlight ensures that the majority of germs will be killed, and there will be an almost negligible odour.
It is also essential to leave an open space on all four corners of the house.
According to Vastu Shastra, it explains how important sunlight is for any house to have positive energy.
6. Paint Your House With Light Colours To Make It More Relaxed:
Light colours ensure that your living space is tolerable and cool.
Thatâs why choosing more refreshing hues like cream; white, sky blue shades are ideal.
The apartment walls should not be painted in dark colours like black or so on, as they absorb sun rays and will increase the internal temperature of the apartment.
Vishesh Group, we view realty as an expression of the human desire to evolve onto newer levels of existence. Our focus lies on building unmatched quality using breakthrough ideas to create living experiences that not only comforts, but elevates as well. Balaji Symphonyâs Flats in Panvel, Navi Mumbai amply exemplify our vision of ushering an environment of positive change to society, in the process redefining its sensibilities forever. Our inspiration lies in the efforts of organizations the world-over, who are impacting both local, as well as national aspirations through path-breaking work Builders in Navi Mumbai.
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Things To Know About Buying A Second Home Projects in Panvel
Demand for a second house remains wholesome regardless of a gradual housing market. With house buyers enjoying a gain in many markets, now might also be the time to buy that second house that you have been thinking about. Whether you are dreaming of a paradise, retirement home, or profit, take note of these pointers for a clever investment.
Resist The Urge To Impulse-Buy: Donât come back from holidays with the keys to a new home without having totally researched your purchase first. If you purchase on a whim, you may end-up with a second house that you canât afford or that doesnât fit to your requirements.
Evaluate Your Wishes And Long-Term Goals: Be practical about what kind of second house suits your lifestyle. If you are finding for a weekend getaway, staying within a dayâs drive from your primary house would be a right move, if you need it to be your retirement home someday, verify the homeâs accessibility and look for health care facilities near the area. Buy house Property in Navi Mumbai.
Get To Know The Vicinity Before Buying: Even if you have been visiting the identical holiday spot for years, you require to comprehend the area from a non-tourist standpoint, if you plan to purchase a house there. Visit the place off-season, and talk to locals to know the area better.
Decide What Kind Of Home Is Right For You: Think about what amount of time and money you are willing to dedicate to maintenance when determining between an apartment and single-family house. The Apartments are an accurate preference for customers who are solely looking to use their residences on occasions and don not choose to deal with year-round maintenance. But if you donât need to sacrifice your privacy, stick to a single-family house.
Look For Mortgage Options: The market is constantly fluctuating, so donât just go for whatever terms your first house lender is offering you. Look for other available deals before choosing the best deal.
Determine Additional Expenses: Donât exclude the insurance and maintenance, when adding up the total value of your second house. Some of the most demanding areas are more prone to hurricanes, floods and forest fires. So, insurance costs in those areas can be more expensive. Do a thorough research and accumulate multiple insurance quotes before making an offer. Buy house Flats for Sale in Panvel.
Share Ownership To Cut Down On Costs: In case, your dream vacation house is not suiting your budget, if itâs not feasible for the amount of time you are going to spend there, you can consider sharing your resources with friends or relatives, so that many people can enjoy a getaway for a fraction of the cost.
Look Into Tax Benefits: Itâs obvious that if you own two houses, you have to pay taxes for both of them. However, you donât have to pay taxes on rental income if you rent out your home 15 days a year. Anything more than 15 days a year will have to be reported as income, but you can deduct expenses like maintenance and cleaning.
Rent Out For an Extra Income: If you want another source of income, even if it is for your monthly mortgage payment, renting out your second house can be a feasible option. But remember, being a landlord comes with greater responsibilities than many people realize, so familiarize yourself with the landlord/tenant laws and Housing Act policies before renting out your second house Buy Flat in Panvel.
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Top Areas to Invest in Navi Mumbai in 2020
Navi Mumbai has planned extension to the city of Mumbai in Maharashtra. Flanked by the azure waters of the Arabian Sea, this mini-city has witnessed immense growth to emerge as the fastest developing city extension in India. Commercial and Residential Property in Panvel infrastructural developments have been fast-paced, enabling Navi Mumbai to become a much-coveted real estate hotspot. With many multinational corporations and IT firms flocking to its shores and real estate giants staking their claim, Navi Mumbai has mirrored its parent city in more ways than one in a short span of time. Here are a few more reasons why you should consider investing in Navi Mumbai: Lower property prices. Compared to mainland Mumbai, the real estate prices in Navi Mumbai are relatively low and will fit most budgets. Good public transportation in the form of NMMT buses, cabs and app rides ensure that commute is hassle-free. Great connectivity. With a host of expressways and highways running across its terrain, alongside the local train network, Navi Mumbai is easily navigable. Hereâs a list of places you can consider putting your money in: Panvel: The name says it all, Panvel is the oldest node of all the places mentioned in the list and no wonder is the most populated as well. The New Panvel City, developed and maintained by CIDCO is the newest extension of the region and is already home to big corporations along the likes of Larson & Turbo, ONGC, Hindusthan Chemicals, and others. It enjoys great connectivity to the main city of Mumbai and is also a junction for many link roads and highways crisscrossing the city. Buy Flats in Panvel. Khargar: Moving on, the place on the list is probably one of the more familiar names to locals. Situated on the Sion-Panvel Highway, Kharghar is as well-equipped with all amenities as any other posh locality in the main city of Mumbai. Ulwe: Located in the Raigad District in close proximity to Sion-Panvel Expressway, Ulwe is still a developing node in the Navi Mumbai extension, although it begs for attention owing to its well-planned infrastructure. These are top places you can look for and invest in residential properties as far as Navi Mumbai is concerned. However, please note that real estate prices are subject to continuous change and are directly proportional to investors taking a keen interest in the same. Therefore, do your research well before pegging your choice. That said, Navi Mumbai still remains one of the better bets as far as residential property investments Flats for Sale in Panvel.
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Things You Should Know About Tax Benefits of Investing Property in Panvel
Panvel has become a hub of real estate investments. When it comes to investing in a residential Property in Panvel, Balaji Symphony has everything you want. This property has amenities such as a clubhouse, sporting facilities with green living and a contemporary lifestyle and all that you want to make your life gratifying.
Though, investing money in real estate becomes a great method of earning money. It is very much helpful in improving the cash flow and helpful in developing wealth too. Sometimes, a buyer can receive a monthly income as well. But do you have any idea that investing money on the real estate is having great tax benefits?
Today, in this blog we will discuss all such benefits in detail. So, if you wanted to grab the information in terms of the tax benefits, you have to keep on reading this blog:
A great option for refinancing:Â If you want to improve your cash flow, then real estate is the best option for you. You can grab the advantage of the term and rate, such a technique will help you a lot in improving your cash flow by decreasing the level of the monthly mortgage payment.
No income tax:Â Doing investment on the real estate comes under the category of the earned income which means that there is no tax incur while doing the investment in terms of real estate. Investing in real estate can be just like salary. While you are investing in the real estate market, then you can get $25,000 of rebate on your taxes.
Some 1031 exchange rules that you must know about: The selling property can be replaced with the purchased one,2 BHK Flats for sale in Panvel if it is purchased on the higher money or the same level of money. But make sure the timing between the purchased property, and sold property must be in between 45 days. Make sure that the purchasing property must be used for the production.
Can grab the advantage from 1031 exchanges:Â If you are a professional real estate investor, then you can grab the benefit from the 1031 exchange. It is very much helpful for you to postpone all of your entire profit, whenever you will purchase the different property of the same value or on the higher levels.
For lowering Capital Gains:Â If you are planning to invest in properties for a long-term, then your property, must come into the category of the long-capital gains and it must be taxed into 0%, 15% or on 20% and this completely depends upon the income bracket. In the case, if you are investing for a short-term, then you cannot grab the advantage from the special tax as all of your profit come into the category of short capital gains.
Depreciation:Â Properties works exactly like assets and its rate comes down after some time interval. During such a case, you have to claim the depreciation on your purchased property. As per the experts, the values of the properties come down after the passage of every 27.5 years. In the case, of the commercial building, it can rise to the year of 39 years.
So, from the above discussion, you will be cleared about the tax benefits of the investing in real estate when you are going for the Flats for Sale in Panvel
.
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Top Factors That Make Real Estate Investment In Panvel A Profitable
Even though the real estate market has seen a sluggish growth for a couple of years, Panvel real estate market is stable and acting in contrast with its neighbouring city Mumbai. The accommodation request in the town is expanding from IT experts. Likewise, professionals migrating from other cities are also making Panvel a brilliant urban community. Combining other factors, Panvel picture has picked up a positive effect on the realty market in both private and business areas.
Return On Investment:
Panvel, one of the most populated areas of Mumbai was once known as a big rice market. However, Panvel is changing with time becoming the next prime locality in real estate domain. This prime area of Navi Mumbai has emerged in no time and investing in its properties is a huge profitable statement for common buyers Flats in Panvel.
Cash Flow From Rentals:
Cash flows from real estate properties are steady and far more predictable than that of most other investments. Since Panvel has grown as a tech and automobile hub, more and more professionals are coming here in search of job opportunities. This directly makes sense to the point that if you invest in Panvel, you are bound to earn rental income since the demand from migrant populations is high.
Accessibility:
Most of the places are easily accessible, and transportation is not a problem in Panvel. You can reach one corner of the city from another in just 1 â 1.5 Hr, which is not possible in other cities. This allows easy commute for working professionals no matter where they buy their house Property in Panvel. Also with the new Metro project getting built, overall connectivity by road and metro is going to enhance the cityâs quality even more!
Clean And Green:
The lush green trees by the roadside beautify the whole look and feel of the city. Small mountains and amazing weather only add to this beauty. So, those who are looking for a house with greenery around will be glad to live in this city.
Livability:
The Panvel is one of the most liveable in India. This is just the place where you can get a glimpse of new India, where the tradition blends with modernity almost seamlessly. The Panvel is also the city in close proximity to other upcoming major cities. This makes up for an interesting roster of features. It may be hard to predict real estate trends, but prices are sooner or later going to rebound and head to arise. Buy house 2 BHK Flats for sale in Panvel.
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Top Reasons Why You Should Invest in Panvel Now!
The Panvel is one of the hot-topic when it comes to developing suburbs of Navi Mumbai. Panvel specialties are mainly its impressive greenery, exceptional connectivity, and excellent connectivity with Pune expressway.
Panvel is booming, and people are investing in Panvel because of numerous reasons. Here are 9 reasons why you should invest in Panvel now! 1.Ideal for Investment: Panvel is an emerging IT and business hub. So you can expect to get a good return on investment from the properties you invest now. If you are a Mumbai financier and eyeing for a prime investment opportunity, then investing in Panvel properties can be the best deal for you. Panvel is unceasingly developing and one of the budding investment prospects for Mumbai investors. 2.Spacious Flats in Panvel: Low-cost does not mean that you have to compromise and live in a compartment size flat. Balaji Symphony is always trying its best to provide spacious apartments at an affordable rate. Your family can breathe freely in the roomy and airy apartments of Panvel. 3.Comparatively Low-Cost Flats in Panvel: The Balaji Symphony Group intends to deliver relatively affordable Flats in Panvel. You can expect to get a 3 BHK Flats in Panvel at the cost of a 2bhk flat. 4.Near Panvel: If you are working in the IT Park, then purchasing flats in Panvel will make your life comfortable and save your precious time. You can travel from your apartment in Panvel to your workplace without any stress. 5.Future Development around Panvel: The Panvel has grown immensely in the last decade. As per the experts, Panvel is one of the most developing suburbs, which is well connected and has IT Park in its proximity. Investing in flats in Panvel will be undoubtedly a great decision. 6.The Environment: Panvel is so close to the city and will deliver you all the urban life facilities, but the best part is, even after all these, Panvel is swamped with greenery. Your kids and family will breathe the unpolluted air. The location of Panvel is in the highest altitude area around Mumbai-Pune. And that makes it comparatively more refreshing than the rest of the zone. 7.Amenities: Panvel residential projects are comprised of all the desired facilities like 24/7 CCTV security, gym, childrenâs playground, community hall, jogging tracks, pool, and 24-hour services, etc. Buy Flat in Panvel. 8.Location: Balaji Symphony residential Projects in Panvel are the perfect example of the fusion of country life and present-day urban conveniences. It has all the necessary requirements like comprehensive education centers, markets, health care facilities, and shopping areas. 9. Well-planned City: Panvel is still developing. And it is not being structured in some old city area. So the roads, building, and blocks, everything are planned, which makes it one of the most picturesque cities of this entire zone. Buy Property in Panvel.
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Real Estate Expectations â 2019
The real estate sector in India is set to witness some important developments this year. After a slowdown that lasted nearly a couple of years, the real estate market in India began to pick up again towards the middle of 2018.
Here Is What We Can Expect In 2019:
Increase in Demand and Supply of Housing:
The Government of India is focused on working towards its agenda of Housing For All by 2022. The plan is to build one crore new housing units by the stated year, because of which affordable housing is being due importance. In Panvel, there was an enormous 214 per cent increase in the number of new housing units in Q2 2018 (compared with Q1 2018). The affordable housing sector was a major contributor here, and we can expect a significant increase in the demand and supply of housing units this year.
REITs Will Enable Diversified Investments:
In Indiaâs real estate market, REITs can play an important role to solve the problem of unoccupied and unsold inventory, which is currently a major challenge facing the economy. REITs can help mobilize the returns on these dormant properties, while allowing investors to start small and safely diversify their investments. This will encourage a whole new demographic of investors to explore real estate as an investment option.
Greater FDI in Real Estate:
As a result of the increasing popularity of REITs, there is expected to be a surge in FDI into Indiaâs real estate. REITs make it easier for global investors to diversify their real estate investments. Additionally, the enhanced transparency and efficiency in the real estate sectorâafter RERA and GSTâhas further fuelled global investments.
New Business Models:
Tax reforms like GST and regulatory reforms like RERA and Benami Property Act have brought to a greater level of transparency, accountability in the real estate sector. In order to deliver on these counts, real estate developers are swiftly revamping their business models, and house buyers and investors can now look towards projects that are compliant with the prescribed standards.
The Rise of Hybrid Workspaces:
Hybrid workspaces are steadily replacing traditional offices in India. This trend can be ascribed to the growing start-up culture in the country. As a consequence, corporate and co-working operators have joined hands to operate hybrid workspaces, which in turn boost the real estate economy. This trend is also enhancing cost-efficiency, workplace productivity and employee retention. 2019 will see many more such workspaces come up in various parts of the country.
Looking to invest in residential Projects in Panvel? Explore 2 and 3 BHK Flats in Panvel homes at Balaji Symphony.
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Should I Invest In A Real Estate Property in Panvel?
The Panvel has emerged as one of the favorite cities for investing in the residential real estate. Famed for the educational institutions and the picturesque localities, the city is a bustling metropolis with great places to live in, with entertainment and dining options to add to the excitement. Owing to a surge in commercial and residential spaces, the Panvel real estate marketplace has touched new heights. It is one metropolis where the house property market has always maintained its momentum even during the difficult times. This city has been ranked as the best performing real estate market in recent years. People buy Flats in Panvel with diverse purposes â for a living, investment, leasing or renting out.
Some Prime Reasons Why You Should Consider buying Or Investing In Property in Panvel.
Better Physical & Social Infrastructure:
The growth in the number of large adjoining areas of the city has led to a distinct improvement in the infrastructure within the city. As a result, infrastructural development has resulted in a raised demand for flats and apartments in the budget as well as luxury category. A consistent progress in multiple aspects has placed the city in the national spotlight. It is marching ahead with a vibrant growth culture. Buy your dream house Projects in Panvel.
Affordable Residential Projects:
Panvel is a safe bet for investment in residential realty. If you are averse to high-risk investment options, try this âmid-segmentâ market and ensure complete peace of mind. Upcoming township projects are in huge demand. Panvel is an incomparable realty market because buyers have numerous options to choose from as per their require. They could choose a scheme depending on their funds. No other city offers such multiple choices. Some locations have changed because of the needs of buyers. There have been many innovations like luxury apartments, studio apartments at affordable rates, except standard 2BHK and 3 BHK Flats in Panvel. Â
Increased Employment Scope:
The Panvel has been recognised as one of the best cities for education because of the reputed schools and universities. It is a flourishing commercial city with plenty of employment options â particularly in IT and ITes companies. Accessibility of land, relaxed lifestyle and pleasant climate make it a happening place. Growing employment potential in IT, manufacturing, education, healthcare and automotive sectors have accelerated the rate of growth. Its proximity to Mumbai works to its advantage. It has carved its own identity as a promising lifestyle and property destination. Buy house Flats for Sale in Panvel.
Steady ROI Over The Next Few Years:
Although the rate of appreciation of property prices in many areas of the city has slowed down in the past one year, there is still ample scope for steady capital value appreciation in the years to come. If you are looking for a suitable market, Panvel is definitely a good option to invest in and gain in the long term. Buy Flat in Panvel.
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Which Navi Mumbai Real Estate Locations Still Deliver Good ROI?
Investing in Real Estate in Navi Mumbai is a good step to consider. Owning a house in Mumbai is an achievement. It is highly demanded in the Real Estate market and gives a good ROI. Investing in Navi Mumbai can be a good investment decision. Navi Mumbai is situated in a better location with more area than that of Mumbai and is advantageous. Buy your dream house Property in Panvel.
Navi Mumbai offers various locations to satisfy your needs. There are different neighborhoods like Belapur, Khargar, Vashi, Nerul, Seawoods, etc. that is best investments options to Buy Property in Navi Mumbai and will give expected ROI. Investment in real estate is boosting the market.
There are plenty of reasons to Buy Property in Navi Mumbai. It has great connectivity with public transport. It has well-planned city structure. It offers a good return on investment.
As the population of Mumbai is bursting day by day, demand for flats are increasing and so investment opportunities. To know the proper location for investment that will deliver a good ROI is also important.
Locations in Navi Mumbai will deliver good ROI
Khargar:
The Khargar is a well equipped with all amenities, situated on Sion Panvel Highway. Touted as the third most developed region in Navi Mumbai. The region is strewn with developing commercial and residential projects. It is a great area to Buy Property in Navi Mumbai. Khargar is a sustainable and stable piece of land to invest in. Property ranges from INR 6000 to INR 10,000 per square foot.
Ulwe:
Ulwe is a developing node in Navi Mumbai. It is located in the Raigad district near to Sion-Panvel highway. Ulwe is a great area to invest and capitalize as it grows in importance. Property prices range from INR 3500 to INR 8500 per square foot.
Airoli:
Airoli is a well-developed region in the Navi Mumbai that is partly residential and partly a commercial hub. In case of commute, Airoli is well supplied through a network of highways, bridges and railway stations. It is a good residential option as well investment option. It will deliver a pretty amount of ROI. Properties are priced at INR 6000 to INR 15,000 per square foot.
Panvel:
The new Panvel city is developed and maintained by CIDCO. It is the newest extension of the region. It has connectivity with main roads and public transport. Buy Flat in Panvel with the latest amenities and use for the purpose if an investment is a wise idea. People generally prefer 2 & 3 BHK Flats in Panvel. Property ranges from INR 5000 to INR 9500 per square foot.
Ghansoli:
It is a new node in Navi Mumbai region, located on the Thane-Belapur road. It is a more commercial hub as compared to other areas. It has presence of big corporations which is likely to cause a steep hike in real estate prices. Demand of houses in this area is high, and it is a good place to invest in. Property ranges from INR 6000 to INR 8500 per square foot.
The above mentioned are the best investment options to invest in Navi Mumbai. Navi Mumbai is a better option for residential & commercial property and for the purpose of investment.
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Why Is Navi Mumbai The Best Place To Invest Into A Residential Property in Panvel?
Imagine your affordable dream home with all the latest facilities in the best possible locality! Is it a fantasy or is there a chance to bring it into reality? Well, it might be a difficult task, but not impossible either. With a lot of residential Projects in Panvel coming in, you can think about owning a fantastic flat with extensive latest amenities. And that too with a great connectivity and comfy living! The city of Navi Mumbai is the heaven for property investors because the history of the rate of appreciation has been phenomenal so far. With the pace of development currently and the inclusion of Navi Mumbai in the list of smart cities, you want not be a genius to anticipate the bright future of your investment.
Why Do People Prefer Investing In Residential Projects In Panvel?
Well, it is definitely not an easy thing to buy a property. Even if you are looking for reasonably priced 2 BHK Flats in Panvel, there are several things to be thought over. Thanks to the unprecedented increase hi-tech IT companies, the job market has flourished like anything. People have enough money to spend on high-class residential projects which leads to a significant improvement in the quality of construction. Here are a few reasons people search it the best place to invest in residential property.
It will be a Smart City:
Yes, Navi Mumbai is included in the list of smart cities. Hence, it is certain that smart infrastructure will bring a remarkable difference in the coming years. The risk is pretty low when you put money in properties here. With a lot of focus on new-age concepts such as rainwater harvesting, adequate water supply, intelligent traffic management and electrical supply, and so on; it will be a further increase in the property prices in Navi Mumbai.
Still Today Some Areas Retain The Charm Of Good Old Days:
It is quite amazing that still there are areas in Navi Mumbai where you can search calm and peace of the good old times. In spite of their vicinity to the hustles and bustles of the Navi Mumbai city, there are greeneries around, and you can hear the sweet chirping of birds in the morning.
Yes, areas like Panvel offer this privilege of living in absolute greenery and pristine environment. If you buy 2 or 3 BHK Flats in Panvel, then it is guaranteed that you get multiple times returns than what you spend. Due to amazing landscape and convenient location, you can search a large number of Flats for Sale in Panvel. Almost every big name in property development marks its presence in Panvel. It is the proof of its success. Navi Mumbai is the only city where you get the perfect blend modernization and traditions. Being one of the most flourishing IT hubs in India, you get the best and the state-of-the-art facilities. At the same time, the city proudly retains the art and culture that places Navi Mumbai pretty high from others. Buy Flat in Panvel.
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Top 4 Apartment Living Lifestyle Advantages
The Apartments have increasingly become the most supplied property types across cities in India. Their popularity can be attributed to reasons, including but not limited to, contemporary looks, modern-day amenities, in-house maintenance and better security. In this age of consumerism, the apartments have made it so easy to own your own cozy little space in the city. House loans with reasonable interest rates take care of the financial aspect and the plethora of available options suiting every pocket and require makes apartments the perfect selection for dwelling. Its popularity also means it's easier to sell or rent out. Millennials also choose to buy or rent apartments as their abode because it suits their fast paced lifestyle, has flexibility and low commitment with all the luxuries of staying in a complex. Building a house on a plot from scratch is a long term and expensive investment which would suit buyers with a joint family, investment plans or just a strong inclination towards a customised standalone house. Thus, if a property is being bought for self use or investment purposes, apartments might prove to be the best option unless one wants the liberty to design the house according to their specifications. Letâs Ponder Over The Lifestyle Advantages Provided by Apartments: 1. Residents have the opportunity to interact with each other and foster friendships and community living. Festivals and special occasions have double the fun and happiness when celebrated by people who care about us. Itâs good for adults and children alike to have peers with whom they can spend their leisure time as it helps in forming lifelong bonds and mental stimulation. It gives everyone a sense of belonging which is the essence of the social fabric which keeps us together in a harmonious bond. Buy house Projects in Panvel. 2. The apartment complexes, by virtue of a large number of households, attract a large number of businesses to be set up nearby and within no time the area develops and becomes self sustainable which also results in appreciation of the Property in Panvel. 3. Amenities like gymnasium, clubhouse, swimming pool, shopping complexes, ATM, etc., are available in the apartment complexes itself which makes life so much more convenient and efficient. Residents can actually enjoy their recreational time instead of just rushing to and for the office. Modern lifestyle has led to now house being built based on the specific needs like Senior living homes for people above 55 years and Kid Centric Homes for the holistic development of children. Buy 2 and 3 BHK Flats in Navi Mumbai. 4. Apartments are safer because they are within a gated community with fences and walls. Round the clock security and CCTV at vantage points have become the norm rather than the exception. Neighbours also help in keeping an eye on the house when youâre away for a long duration. Book your dream house Flats in Navi Mumbai. Conclusion: Living in an apartment is fuss-free and comes with numerous benefits including enjoying a modern and carefree lifestyle, living in a community characterised by friendships and strong support system, being close to amenities and public transport, and the ability to move in and out in a short timeframe while incurring fewer costs. An apartmentâs positive point makes it the perfect choice for a family to fulfill its dreams of owning their own private little world in the maddening rush of a city. Apartments are available for every family size, unique specifications and budget; and additionally it suits and enhances todayâs urban lifestyle. Apartments are sustainable in nature and at the forefront of vertical growth which is the perfect answer to the real estateâs space crunch. Buy Luxury Flats in Panvel with the latest house amenities.
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Affordable Places In India To Invest In Buying A House
As you grow in life, managing finances, buying a car, and even owning a house become part of your priorities. However, from all of the things mentioned above, buying a house is one of the most expensive things and if not planned well, it may burn a hole in your pocket. Today, the real estate market in India is booming like never before. However, that should not stop you from buying the house of your dreams. To help you with this, we have put together a list of some of the most affordable places in India to buy a house.
Pune:
Booming in the real estate sector, Pune is considered to be the next housing hub after Mumbai. Moreover, the city has also seen a growth in the affordable housing sector.
Navi Mumbai:
Close to the city of Mumbai, Places Property in Navi Mumbai like Dronagiri, Ulwe, and Kalamboli in Navi Mumbai have become increasingly popular not only due to the upcoming international airport at Panvel but also because of the affordability they provide a home buyer with. With a nominal budget, you may easily be a proud homeowner in Navi Mumbai. Buy luxury house Property in Panvel.
Kochi:
While earlier Kochi mainly catered to the affluent class for housing, today it is not the case. These days, around 60% of the total housing projects in the city comes under the banner of affordable housing, thereby making it a perfect place to buy an affordable house.
Ghaziabad:
One of the rapidly growing residential areas of the National Capital Region, Ghaziabad has a number of residential properties within an affordable budget. With easy access to the metro rail, the widening of NH4, as well as connectivity to roads that lead to commercial areas, the city offers ready-to-move in properties to mid-budget home seekers.
Hyderabadâ:
Considered among the most affordable cities to buy a home in, Hyderabad is one of the three-tier cities that give you complete value for money when it comes to real estate. While Hyderabadâs housing sector had taken a setback due to global recession, today, places within the city like Kukatpally, Miyapur, Manikonda and Sainikpuri have houses at affordable prices.
Nagpur in Maharashtra, Surat in Gujarat, and Coimbatore in Tamil Nadu are some of the other places in India where mid-budget home seekers may look for their dream house. These cities and towns offer a wide variety of residential investment options at rates that a lot of people are able to afford. And whatâs even better is the fact that these properties are set to see a high growth in investments over the coming years.
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Things You Should Know Before Buying House Property in Navi Mumbai
Buying a property in metro city is everyoneâs dream, the thing is to buy it perfect according to need and the available amenities. Many 2BHK, 3 BHK flats are available for sale in Navi Mumbai. But before buying any property you should take a proper legal advice, verify the documents and check all the other information related to that particular land property and after you should buy Property in Panvel.
Verification Of The Builder: The land property that you are going to buy in Navi Mumbai can be under litigation so itâs better to do an extensive verification of the builder, you can verify the current, past projects of the Builders in Panvel. You can also clear all your queries related to the property or builder with the help of various online real estate forums.
Registration Documents: The registration documents are required to verify the authenticity of the property from the local development authority of that locality. It will provide you all the previous information related to the property, land that you have decided to buy in Navi Mumbai. So before buying any land property you should properly scrutinize all the registration documents related to Panvel Property.
Check The Status Of Tax Payments: Checking the receipts of the tax payment bills of the concerned property is also very important before buying that property. Â You should ask for the latest original tax paid receipts and check other details like taxpayerâs name, address of the building, date of payment, etc. You should also check whether the other bills are paid or not, for example, electricity bill, water bill, etc.
Completion Certificate: The completion certificate verifies that the building is in compliance with the norms and rules of the local municipal authority in terms of height, its distance from the road and the overall construction of the building is done as per the approval plan. You should never ignore this certificate before buying any Property in Navi Mumbai otherwise you may have to pay a heavy price as the property can be demolished by the local municipal authority.
Occupancy Certificate: Apart from the above-mentioned documents, you should also ask the seller to provide occupancy certificate. It is compulsory for the seller to have occupancy certificate from the competent authority before selling the property and in case the seller has not obtained this certificate and sold the property then the buyer have to pay a heavy penalty under the applicable government laws. Not only to this there can be risk of demolition of the property. So be careful.
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Steps for Selecting the Right Builders in Panvel
On the outskirts of Mumbai, lies a gold mine for investors Property in Panvel. While many are unaware or simply unwilling to consider the opportunity that Panvel, Navi Mumbai has to offer, Panvel is brimming with opportunities as the real estate market conditions have seen exponential growth in the last few years. Panvel has emerged as one of the hottest and fastest-growing real estate markets in Navi Mumbai, in terms of infrastructure development and connectivity. Its real estate market has also witnessed considerable activity across segments, including affordable, mid-segment and luxury housing, as well as commercial complexes.
Due to the manifestations of a healthy property market condition, this is the perfect time to take advantage of hot deals available in Panvelâs real estate market. But, the most important factor to be considered while purchasing a property is to choose the right property developer that guarantees safety on your capital.
Here are a few factors and steps to be considered while choosing the right Builders in Panvel:
Before deciding on which property to buy, it is very important that you have adequate information about the developer to avoid any regrets in the end. You can simply log in to the website of the developer to get some insights about the company. The website also would provide you with answers of who is the owner, their history, past projects, their Upcoming Projects in Panvel, how long has the company been in existence and a lot more. Doing a bit of research may take you time but will surely be beneficial in the process of home buying.
Face to Face meeting:
Visiting the sales office of the Builders in Navi Mumbai is sure to reveal a lot about their working pattern. You can also clarify your doubts and queries by questioning the sales representatives. Usually, experienced professionals are hired by the developers who will not be able to answer your development specific questions, but will surely provide you detailed information on real estate related topics, namely finance, law, etc. Also, a visit to their current workplace or sales office will give you an understanding of how the post sales services will be.
Mortgage Facilities:
Usually, good developers have tie-ups with major banks that provide you with financial support in buying your dream abode. Which is why it is essential to note the alliances that the real estate developer has with the financial institutions to ease the transactions.
Visit their Social Media Platforms:
Well, one important point that should be taken into consideration is the reputation of the Developer. You can simply go through their Social Media pages and check reviews as they reflect the quality of their work and performance, and also, level of customer satisfaction. You can also get to know about their latest achievements, upcoming events, their Projects in Panvel and also some special promotions that they are running. An online research, like referring some blogs will also provide you company insights.
Check pricing and payment plan:
You should always check, whether the price quoted by the Builders in Panvel provides the right value for the product, do they have products that suit every budget, are the developers willing to negotiate, what is the expected ROI. Also, make sure that the payment plan offered by the builder suits your cash flow.
Other points to be considered are whether they have a good facilities management companies for all their completed Projects in Navi Mumbai or upcoming Projects in Panvel, also if there are any kind of owners associations formed for their completed projects and also their record for timely delivery. All these factors when considered will tell you a lot about the Developer and accordingly, you can choose the one that suits you the best!
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