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Residential Apartments In Mulund | Piramal Revanta

Buy residential living spaces at Piramal Revanta, Mulund West, Mumbai. This sophisticated upcoming residential project provides 1 bhk flats in Mulund west for sale to cater to almost every person’s needs and demands of a modish lifestyle. Combined with open spaces and state-of-the-art amenities, Piramal Revanta is set to become your new home.

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1 BHK Flats In Mulund West For Sale | Piramal Revanta

Buy residential living spaces at Piramal Revanta, Mulund West, Mumbai. This sophisticated upcoming residential project provides 1 bhk flats in Mulund west for sale to cater to almost every person's needs and demands of a modish lifestyle. Combined with open spaces and state-of-the-art amenities, Piramal Revanta is set to become your new home.

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The Rise of Residential Real Estate in India

Real Estate is one of the most debated topics in India and if it is in regards to the residential sector then the temperature will surely rise. For the past couple of years, the residential real estate market has experienced its fair share of lows and highs. Even though the market has been fluctuating, this sector hasn't lost its charm and pride of being the best option for investment and also offering the best returns for that investment.

The Genesis:

After independence residential living in India was somewhat limited to an ancestral home owned by the great grandfathers passed down to the later generations and living as joint families. Soon after, the opening up of the economy and various social upliftment measures by the government the expansion of commercial and residential markets increased as the population moved out of the joint families into nuclear families and purchasing an apartment of their own.

The Present: As society evolved and more and more nuclear families fueled the need for the development of the residential real estate. The staggering economic development and prosperity, better pay scales, government initiatives, and affordable housing options are helping the residential real estate market to attract more masses. For e.g. the new residential projects in Mulund which are being developed have budget-luxury homes to offer to every section of the society. The migration of people to the major cities in search of better opportunities has forced the developers to innovate and come up with concepts of providing more residential space within a limited space.

The Growth: People dream of maintaining a healthy work-life balance, which is often a difficult task. As most of us are located in unplanned locations without selecting the right home, people often spend more time commuting due to the traffic woes. The solution to this is the development of mixed-use spaces which are a blend of commercial, residential and also retail spaces leading to a community type living. It is like a mini-city within the city. Most Indian cities have adopted this trend to solve the housing crisis and also to help people with a better standard of living. Modern townships are the perfect examples of this trend. Luxury can be seen in terms of modern amenities, facilities and very well designed homes with large open spaces. The developers are now paying more attention to providing facilities like large open spaces, modern retail, a variety of entertainment and dining options, parks for children, recreational spaces and health clubs within gated community townships. It is not only about recreating the amenities but providing open spaces with a comfortable living to the residents which they can appreciate.

The Future: As such projects combine retail, commercial, and residential the monetary value of the area increases helping to increase the demand. Not only are the investors happy with making excellent investments in such assets but this live-together concept also adds value to the developer's portfolio. Some of theresidential apartments in Mumbai are already reaping the benefits. Adding to it, the government is also leaning towards making affordable and efficient housing with proposals such as Housing For All, PMAY (Pradhan Mantri Awaas Yojna), AMRUT (Atal Mission for Rejuvenation and Urban Transformation) plus RERA to protect the interest of homebuyers. These well-defined incentives combined with the changing dynamics of the country's population is asking for greater improvements in the real estate industry. The continuous efforts from the government are targeted towards helping the real estate make a comeback. Furthermore, with the increasing number of the young working population, there will be an increasing demand for residential living space. The investment aspect will also grow due to the greater potential that this sector holds.

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Guide to Help You Out in Buying Your Dream Home

Finding a Dream Home is like finding an ideal companion. Finding and purchasing a dream home is one of the most important and life-changing decisions. This is because once you zero-in on the property, it is like a new beginning of your life. One should not be hasty and in a rush for any commitments until not find a home as Home is where the heart is. 

Property search and investment process become easier and quicker if you have a property buying guide that leads you to your dream home. Important Factors for Buying Your Dream Home:

Study the market: Keep yourself updated on current market conditions and should know the prices of property and rate of appreciation. 

Shortlist property and developer: Before finalizing a property one should be clear about budget, the reason for purchasing and the location. And before finalizing the buyer should have proper research about the builder's past experience, how many projects delivered with customer satisfaction, its financial strength, and stability.

Decide How Your Dream House Will Be Like: Now it's time to think about how your dream house will be like. The number of rooms you need depends on the number of people who will live in and decide whether it should be an apartment or villa. Check pictures and home listing details online. Also, check its location and neighborhood.  

Make calculations: Before buying make a thorough calculation on how much one wants to invest. One should not keep EMIs over 30 to 35% of monthly income. List all the costs to make an assessment of total outflows and how to meet them with the resources available. 

Contact an agent: This is not important. But to hire an agent will be recommended to help you as an agent will make the process more manageable. As agents often have more information about houses. 

Go look at homes: It is good to divide the search into small sections, and if you have hired a real estate agent, he will assist you in scheduling visits. Make notes on each home you visit and note down all the key features and missing features, if any. 

Perform an inspection: After one chooses the house and before the buying procedure started it important to arrange an inspection of the home.  A certified home inspector will check whether your home is safe, and up to the local codes. It is best to join the inspector to make sure that they thoroughly go through the home.

Seal the deal: Now it's time for the actual purchase. There is a brief summary of buying a property:

Make an offer: The first step is to tell the seller what you are prepared to pay. Tell the owner if one has any conditions.

Wait for an answer: The seller can accept or reject your offer. If they agree, you can proceed. If not, one can have further discussion on the terms of the agreement. 

The agreement: If the seller accepts the offer, the next step is to set up an agreement with them. A realtor or lawyer can assist you in working out a solid contract for the purchase. It should cover all aspects of the sale and transfer of ownership, including the total costs, the period of payments, and the conditions of the transaction.

Finalize your financing: Now is the time to complete your loan application. You need to complete all the necessary documentation and submit it to the provider. Upon approval, you can proceed with the process.

Complete the sale: Finally, the moment you have been waiting for. When all the mentioned points have been done, and you have paid the deposit on your new home, you are entering the final stages of this process. As soon as you get your keys, you’ll be able to move in!

 Piramal Revanta can be chosen as a dream home here one can get Luxurious Flats in Mumbai reflecting a perfect balance of nature and architecture.

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At the heart of Mumbai, Mulund. Piramal Revanta is a four-tower Residential Apartments in Mumbai providing all modern facilities and up-to-date amenities.