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Benefits of living in apartment complex
With the advent of industrialization and urbanization the trend of living in apartments has been the talk of the town. Apartments not only solve the problem of providing appropriate accommodation to the growing population but also come with a number of advantages.
Let us have a look at the benefits of staying in apartment complex.
Apartment complexes are generally built in such a location that has all the required destinations such as market area, schools, hospitals, airports, within easily accessible limits.
The apartment complexes invest in security systems for its residents. The close proximity of neighbors is also an additional benefit to the security one has while living in apartment complex.
Another benefit of living in apartment is the financial aspect of renting that goes much easy in the pocket.
An apartment complex has all almost all the essential amenities built within it such as swimming pool, gym, market complex.
The tension of maintenance falls on the shoulder of the landlord or the corporate body, making it a stress reliever for the residents.
Apartments complex are also ideal for those who prefer to live alone. The small area, much needed privacy and smaller bills makes it an ideal resident for such people.
In contrast to buying a home apartment rentals are ideal for short term contract. Some people have to frequently change places of their on the pretext of their job. In such a situation living in apartment can be much beneficial as they can be rented for a short duration of time.
Another great benefit of living in apartment is the social bonding that people tend to develop with other members of the apartment and with their neighborhood. A sense of community develops within the people living in close proximity to each other that contributes in making a city more habitable.
Nirmal lifestyle believes in designs that are unique and has a proper blend of science and arts. They specialize in Building uniquely designed homes. Nirmal lifestyles have successfully completed many projects in Mumbai.
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Feng Shui Tips for your New Home
If you haven't heard before, Feng Shui, then it is the art of living in harmony having five basic elements- Earth, Fire, Water and Wood. Many home owners design their home keeping Feng Shui method in the mind. This traditional Chinese method of living has become more famous and is known for enhancing positive energy flow and brings prosperity in home. Today, not only home owners, but developers too are using Feng Shui method for designing the apartment. Top developers like Nirmal Lifestyle and others are using these traditional Chinese methods on each apartment design.
If you are looking forward to change your interior with Feng Shui, then here are few tips to follow:
· De-clutter your Residence:
To begin with, get rid-of your clutter and unwanted furniture to make your home have free space. Scan the home surrounding and find items which are not necessary. This way you can space out your furniture and de-clutter your space. This, in-turn can help in getting positive energy.
· Bring in Natural Light:
A home with enough natural light can have good amount of positivity around. Keep lighter curtains and windows and doors open to bring in more natural light. This will also bring more natural fresh air to energies your home to improve the energy flow.
· Keep the Interior Vibrant:
Vibrant and open interior keep positive around. Opt for indoor plants having vibrant flowers that will boost energy. You can even enhance the space with gorgeous crystals which are the powerhouse of Feng Shui. As per Feng Shui, elements like purple and gold can help in promoting happiness.
If you are looking forward to change the interior and want to add Feng Shui then do connect with expert interior designer who can help in getting the best interior.
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http://www.apsense.com/article/how-to-give-a-new-look-to-your-old-home.html
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Mulund- The Next High Rental Suburb of Mumbai
Like every other suburbs in Mumbai, Mulund too is well planned and offers a great residing opportunities. Over the years, the suburb has attracted many home buyers to reside or rental. The city is well-connected to other parts of the city and outskirts. Mulund (West), is the most developed locality and attracts both home buyers and rentals. With its connectivity to Thane and Navi Mumbai, it becomes prime location to rent a home. Moreover, the rent here is quite low compared to other parts of the city.
Why Mulund is the right place for Rent?
Fast improving infrastructure is the prime reason why Mulund is the rental spot. Good educational institute, hospital, and commercial spaces are available nearby. Moreover, the suburbs host large number of luxury and affordable residential apartments. Developers building some prominent projects in the past few years. These residential projects are worth for both home buyers and for renting. The property price presently in Mulund is around Rs 11350- 18500/- per sq ft. Developers like Nirmal Lifestyle have developed some promising projects for affordable and luxury home buyers.
Investing a Wise Bet:
Investing in Mulund in the form of long term purchase and rental purpose is certainly a wise bet. For those who want to rent an apartment, the rent wouldn't higher that will save money. Easy transportation facilities and multiple establishments have made the Mulund an easy living suburb. Mulund in coming years will be soon the home for IT industry. Many new IT companies will establish their base that will further boost the reason to rent a flat a here.
Major Infrastructure Project:
There are some major infrastructure projects coming up in Mulund. This includes the Goregaon-Mulundlink road, extension of Metro line and mono rail. These infrastructure will help in commuting from Mulund to other suburbs, vice-versa. Good connectivity will play a significant role for increase in the rental demand.
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SOLID HACKS TO BUY AFFORDABLE HOME IN MUMBAI
Buying in a home in the most influential and rich city of India, Mumbai is everyone's dream. However, in reality, it is an easy investment like can be done in other metro cities. The rising price of the Mumbai real estate has made it difficult to buy a home in the expensive city. However, not everyone is eager to spend on luxury apartment. Affordable housing segments are great investment. Projects with smaller configuration and outskirts of Mumbai are major attraction. Moreover, with the implementation of RERA and other acts by the government, has made affordable home buying handy.
If you are looking to purchase affordable homes, then here are few hacks to consider:
Target Affordable Locality:
If you thinking to buy an apartment in Andheri, Powai, or in Kanjurmarg, then you need to fetch heavy price to buy a 1 bhk or 2bhk flat. But if you are looking for an affordable home, then get your search in areas like Mulund, Chembur, Kalyan, Thane and other locations. Even checking out locations like Mumbra, Virar East, Dombivli, and Vasai would be a good choice. These are developing localities which has good potential of promising projects. In Mulund, Nirmal Lifestyle has developed many good projects in Mumbai. These localities also have good connectivity with other parts of the city.
Check out Property Range:
The property range of suburbs in Mumbai differs according to the locations. The price of the property depends on the location, infrastructure, and the developer. Moreover, the amenities offered by the developer also matters a lot when the price of the apartment is decided. You need to research well about the price of different localities in Mumbai.
The Reputation of the Builder:
A well-known builder with having number of real estate projects in Mumbai which are successful is worth to check out for. Some reputed builders build affordable houses for middle income group of home buyers, so investing on such apartments would prove profitable. Nirmal Lifestyle, one of the reputed builders in Mumbai have constructed both affordable and luxury projects. They have really transformed the face of Mulund. So if you are looking for an affordable house, then check out some projects by Nirmal Lifestyle.
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Mulund- The Next High Rental Suburb of Mumbai
Like every other suburbs in Mumbai, Mulund too is well planned and offers a great residing opportunities. Over the years, the suburb has attracted many home buyers to reside or rental. The city is well-connected to other parts of the city and outskirts. Mulund (West), is the most developed locality and attracts both home buyers and rentals. With its connectivity to Thane and Navi Mumbai, it becomes prime location to rent a home. Moreover, the rent here is quite low compared to other parts of the city.
Why Mulund is the right place for Rent?
Fast improving infrastructure is the prime reason why Mulund is the rental spot. Good educational institute, hospital, and commercial spaces are available nearby. Moreover, the suburbs host large number of luxury and affordable residential apartments. Developers building some prominent projects in the past few years. These residential projects are worth for both home buyers and for renting. The property price presently in Mulund is around Rs 11350- 18500/- per sq ft. Developers like Nirmal Lifestyle have developed some promising projects for affordable and luxury home buyers.
Investing a Wise Bet:
Investing in Mulund in the form of long term purchase and rental purpose is certainly a wise bet. For those who want to rent an apartment, the rent wouldn’t higher that will save money. Easy transportation facilities and multiple establishments have made the Mulund an easy living suburb. Mulund in coming years will be soon the home for IT industry. Many new IT companies will establish their base that will further boost the reason to rent a flat a here.
Major Infrastructure Project:
There are some major infrastructure projects coming up in Mulund. This includes the Goregaon-Mulundlink road, extension of Metro line and mono rail. These infrastructure will help in commuting from Mulund to other suburbs, vice-versa. Good connectivity will play a significant role for increase in the rental demand.
#Lifestyle city kalyan#Lifestyle city kalyan reviews#Nirmal lifestyle city kalyan#Nirmal lifestyle city kalyan Reviews#Nirmal lifestyle city Kalyan possession#Nirmal Olympia#Nirmal Olympia reviews#Nirmal Lifestyle
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3 Important Tips to Consider when buying a New Home
Buying a new home is a daunting task which every home buyer goes through. The process becomes more difficult when buying a home in city like Mumbai. There are many things that one has to consider when purchasing a home. This includes the developers’ reputation, location, your budget, and family needs. The project invested on should give you a good return in the future. If you are buying a property for the first time, then this article will be really helpful to consider things on buying a new home:
1. Assessing your Needs;
While buying an apartment, you need to assess your and your family needs to ensure that the apartment fulfills upon purchasing. From space, locality and infrastructure, all these matters when purchasing a flat. For instance, if you are buying a flat in Mulund, then consider the infrastructure, connectivity, amenities and other aspects.
2. Narrowing Down the Requirement:
Every home buyer has certain requirements that the apartment investing on should fulfill. So narrow down your requirement like what facilities you need, space, budget, and location. Choosing the right location is the foremost thing to consider because it will help in transporting and other activities. Seek advice from family members to know their requirement.
3. Check out the Home Loan thing:
When buying a flat in city like Mumbai, you need to be prepared with the finance. Check out the loan option offered by different banks. Home loans carry interest which should be calculated so that to know if the loan falls under your budget. Every banking site has home loan calculator section where you can calculate the interest rate you need to pay against the loan you opted for.
Conclusion:
Planning and seeking advice from experts is very important before investing on a flat, so that you can easily invest according to your need.
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Reasons why Investing in 2BHK is the Right Decision
Investing in a flat in Mumbai is a costly affair where you the investor need to save a huge income or even take up a huge loan due to the high cost of these 2BHK apartments. However, it also depends on the location where you are planning to invest for 2BHK flat. For instance, if you are planning to buy a 2BHK in location like Powai or Andheri location, it will certainly cost you around Rs 3–4 cr with all the luxury amenities included. The reason is the strategic business and residential location.
Moreover, these suburbs have good commercial infrastructure. Similarly, if you are planning to invest for a 2 BHK flat in Mulund or beyond Thane, then may cost you around Rs 90 lacs to Rs 1.5 cr. The difference is due to the locality, commercial establishment benefits and other reasons. A 2BHK will certainly give a good resale price after a few years as the development takes place.
Let us check why investing in 2BHK is a good idea
· Future Planning:
Many people, especially planning to get settled after few years will buy 2bhk flat keeping the future planning in mind. As the size of the family increases, the requirement of larger space increases. So investing on the 2bhk in the initial stage will certainly help to get the best spacious return in future.
· Better Resale Value
Compared to the resale value price of the 1BHK, the value is quite high compared to 2BHK. If you are buying a 2bhk flat in Nirmal Olympia, then over the next few years, the price will certainly increase by 10–20% if planning to resale for a higher space.
· Easy Rental:
People looking for a rental purpose, usually go for 2BHK or 1BHK which are an ideal renting space. 3bhk rental price is way high compared to other two units. 2BHK is also ideal for nuclear family
· Medium Maintenance Cost:
The maintenance cost of the 2BHK is quite medium compared to 3BHK unit. However, it will be defined as the area and the amenities offered along.
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How RERA Listed Project can help Home Buyers?
Since the passing of RERA (Real Estate Regulatory Act) home buyers in Mumbai have a sigh of relief. RERA came into the force from May 1, 2017 and since then it has become important for real estate developers to list their projects under RERA act, so that home buyers can get the possession as per the guidelines set in the act. Top real estate companies like Nirmal Lifestyle fall under RERA act. So it does make sense to invest in any of these projects.
Let us check how home buyers can benefit with investing in RERA listed project:·
Property to be sold on Carpet Area basis:
As per the RERA rules, the property has to be sold in carpet area which means the net usable floor area of an apartment which includes the area covered in internal walls and excluding balconies and open terrace. So by this, the buyer doesn’t have to pay extra for the space offered by the developer.·
Provide Complete Details of the Project:
The developer has to now offer complete information from the possession date to amenities offered in the project. The developer has to keep updating the homebuyer about the type of apartments, approval grant, status of the project, etc. From the beginning of the project to the completion, keeping the home buyer in loop is important.
Compensating the Homebuyer:
If there is any damage to the property or any false statement is given by the developer to the home buyer, then the developer is liable to pay for the damage. Under RERA, developers will be now monitored on every act. This certainly a big benefit for the home buyer because there are cases where possession is delayed or the project gets halted due to legal issues. This certainly leads to a loss for the home buyer.
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