Thursday, 17 January 2019

Welcome To The World of Luxury

Luxury means different things for different people. For the middle class, it would mean having individual bedrooms for their kids. For the upper middle class, it would mean education abroad. For the rich, it would mean gifting their young child a limited-edition watch. Essentially, luxury is relative. When it comes to a home, however, there are few standards that people consider the tell-all signs of luxury. Many real estate projects in Mumbai today, keep a tab on these and ensure they are a must in their luxurious projects. 

These luxury standards are:
 
1. Space
2. Location
3. Technology
4. Luxe Amenities
 
While a luxurious space is rather obvious, when we mean space, we mean higher floor to ceiling heights, a double or triple heighted lobby, windows that face each other, basically design elements that make your home more spacious. Pick any luxury 3 BHK apartment in Worli and you will see that this has been taken care of. Similarly, you will also notice how every luxurious project is strategically located, either by the sea or close to major highways. Smart security systems, home automation systems and such technologies are also a given in modern luxurious homes. While every home comes with its own set of amenities, a luxury home has luxe amenities such as movie theatres, rainwater harvesting, arcade rooms etc. Now, these are rather well-known facts about luxurious homes. But there are few things that the ultra HNIs look for when they are on the hunt for a luxury abode for themselves. 

Let’s take a quick look:
 
1. Provenance
 
The rich and the famous, don’t have it in only for what money can buy. They also look at the larger picture. The ultra HNIs consider it their ultimate asset when their home has some historical meaning, deep story etc. This could include a home built by a famous architect or being situated in a historic region. 
 
2. Privacy
 
It goes without saying the rich love their privacy. Thus, comes the need for private lounges clubs, exclusive areas etc. So, when it comes to a home, that is all the more important. A home that is not overlooking into anyone else’s is of prime importance. When a residential property is rather exclusive, it also ensures that your neighbours too are of the same stature as you.
 
3. Architectural Extras
 
A luxury home is an architectural marvel, anyhow. But there is a little bit of extra that comes with homes that are indeed luxurious. This would include customization, archways, an art nook and a showcase of their true craftmanship.
 
The next time you’re looking for a luxury home for yourself in Mumbai, make sure you not only look at the basic requirements, you also keep an eye out for the little-known luxury aspects. Enjoy your idea of luxury to the fullest!

Andheri - Striking The Right Balance Between Commercial And Residential Spaces

Andheri is a famous suburb of Mumbai that has been and will always be one of the most sought-after areas whether it is for commercial real estate or residential real estate. While it has been well established in the past as to why people prefer residing in Andheri, the same reasons do stand true for the commercial sector too. The rates of commercial property in Andheri East is on the rise and one often wonders why. But before we get into the reasons for the spurt of upcoming commercial projects in Mumbai, let’s fully understand all the different types of buildings that can be considered as commercial real estate.
 
1. Office
 
The first and the most obvious one is that of offices. Any building that houses offices qualifies as a commercial building. In this case, one building can hold multiple offices, gaining a rent from each office or the entire building could house a single organization.
 
2. Industrial
 
When buildings are used as warehouses, garages, distribution centres, mills, manufacturer, they are tagged as industrial buildings. Depending on the scale of the industry, often these commercial buildings are situated a little away from the city. But in Mumbai, several structures in the film industry are located in Andheri-Goregaon area.
 
3. Retail
 
Malls, shopping centres or a brand store is considered as a retail commercial building. These are usually owned, managed and funded alone. But in some cases, individuals and brands lease these buildings.
 
4. Leisure
 
The last type of commercial building is the one that falls under the category of leisure and entertainment. This includes hotels, restaurants, cinema halls, resorts, theme parks etc. Various corporations usually invest in these commercial spaces as these are long running businesses, but they also cough up a sizeable sum of tax to the government.
 
Andheri, the most populated western suburb of Mumbai is made up of each of these types of commercial buildings. But the most unique aspect is that it has managed to strike a perfect balance between commercial and residential property, thanks to the millennials who wish to partake in the walk to work culture. So, as you can see, commercial and residential properties are mutually dependent, helping each other grow and flourish in any region.

Howrah, A Locale Where Serenity Resides.

Howrah, one of the largest cities in West Bengal is a beautiful place to reside. However, the population here is increasing day by day and so is the number of properties in Howrah. Where some people chose this city as their home, some visit this place for their vacations. And why not, this city is a must visit for an experience of a lifetime. Whether it is art, history or architecture, this city has everything you are looking for. Most of the people know Howrah only for places like the Victoria Memorial and the Birla Planetarium. But they are definitely missing out on a lot of mesmerising beauties of Howrah.
 
The Howrah Bridge
 
The magnificent mountain of political, cultural, historical and architectural significance, the Howrah Bridge is an awe-inspiring beauty. Famous for photography or radiant views of River Ganges underneath, this bridge is also a hub for several celebrations and festivities around Kolkata.
 
Belur Math
 
The most famous religious retreat in Howrah, Belur Math is a temple dedicated to Swami Vivekananda of Bengal and his undying devotion to Ramakrishna, Devi Sarada and the Goddess Kali. You can spend some peaceful time in the alluring premises of the temple.
 
Vidyasagar Setu
 
Vidyasagar Setu is the second spectacular bridge after the Howrah Bridge that every tourist must visit when in Kolkata. The best time to visit is in the evening as you can savour the beauty of the setting sun and the soothing sound of tides beneath.
 
Along with the afore-mentioned places, Howrah also is home to the historic, Andul Rajbari and the verdant, Acharya Jagdish Chandra Bose Botanic Garden. If you are looking for a home amidst serenity, you must definitely consider new flats in Howrah. As many upcoming housing projects in Howrah offer you a living, just like you desire.

Howrah - Food, Culture and More

What is known as the ‘Cultural capital of India’, Kolkata is also a foodie’s paradise. It is here that cravings of all kinds can be satisfied within a one-mile radius. What’s more? The heritage and cultural importance of Kolkata dates way back and it has been referred to as the birthplace of modern literature and art. It would be foolish to say that this doesn’t have an impact on the property in Howrah and the real estate of Howrah and other neighbouring areas. After all, who doesn’t want to live in a locality that attracts so many tourists for its food and cosmopolitan culture?
 
Without further ado, lets get into the landmark places and food destinations that make Kolkata the melting pot of cultures that it is today.
 
Food
 
1.    Puchkas
 
Any Bengali from Kolkata will get into a war of words when it comes to debating the authenticity and taste of puchkas across India. It is after all, a known fact that puchkas in Kolkata are simply the best, with churmur that you won’t get anywhere else apart from the streets of Kolkata.
 
2.    Kathi Rolls
 
Yes, the kathi rolls that are today available everywhere, was traditionally a Bengali creation. Fillings ranging from vegetarian to non-vegetarian, wrapped in thin delicious roti is a must-have when in Kolkata.
 
3.    Luchi-alu Dom
 
A traditional Bengali dish, it is similar to Aloo Puri. The Luchi is similar to puri while the alu dom is a version of Dum Aloo. Very popular amongst locals and tourists, you will find plates of these flying off the shelf at any street stall.
 
4.    Flurys
 
It is rather weird to see a brand name in this list, but this is a part of Kolkata food culture since 1927. This tearoom with their staple desserts and cupcakes is too good to miss.
 
Culture
 
1.    Durga Puja
 
You haven’t actually experienced Durga Puja, if not for the ones that take place in Kolkata. Go pandal hopping and find something unique and an effervescent spirit in each one!
 
2.    Art Galleries
 
Kolkata’s art galleries are amongst the best in the country. Mostly situated in the southern part of the city, you will find a stunning showcase of ancient and modern art here.
 
3.    Museums
 
The heritage of Kolkata and the country is best captured in the museums of the city. From the Victoria Memorial to the Indian Museum, you will find yourself going back in time.
 
It is without a doubt that Kolkata and the neighbouring areas are a great place to live in case one is looking to relocate. With its strong hold on its history and its eyes strongly focusses on the future, this region is embracing all cultures with the same enthusiasm. From 1 BHK flat in Howrah to bungalows in the heart of the city, here you can find a home that suits your needs the best!

Tuesday, 13 November 2018

How Buying A Home in Thane Can Be A Great Investment Decision

Thane is one of the most happening places for investment in real estate and the sale of residential properties has seen a mercurial rise in recent years. As a result, real estate developers in Thane are actively taking interest to build residential apartments to accommodate the mass of people who flock to the city. Thane is still in a developing phase and an investment here at this point in time can provide lucrative returns in the future.

The following are the reasons which make Thane a hotbed for real estate for investors and homebuyers alike:

1. Location

Thane, the city of lakes is one of the cleanest areas around in the larger conurbation known as Mumbai. It is around 22.7 km away from Mumbai and as a result, attracts a lot of investors to the area. The announcement of the construction of the Navi Mumbai Airport is also a major contributing factor which has helped garner the attention of investors.

2. Affordable

Due to a sharp increment in the prices of flats in Mumbai, people are increasingly looking to shift to Thane. The number of affordable options for new commercial properties as well as new residential projects in Thane has increased their demand. And, as is the case with most real estate properties, investing in Thane at this point in time, can give you higher returns in the future.

3. The Cluster Scheme

Thane is the first city wherein the cluster development scheme would be implemented. Cluster development is an initiative that has been approved by the Thane Municipal Council which aids in the urbanisation of a municipality. According to the Hindustan Times, Thane city will get around 2.5 lakhs of new houses as a direct result of the implementation of this initiative which plans on doing away with slum areas and converting them into living quarters. 

4. Connectivity 

Thane is very well connected to Mumbai and other parts of the state. The city will have its first ever metro rail access which will run from Wadala to Kasarvadavali, Thane. Apart from that, Thane will also be a part of line 5 metro which will connect it to Bhiwandi and Kalyan. There are also a lot of investments taking place on Ghodbunder road which connect Thane to eastern and western Mumbai.

5. Modern Infrastructure

The new residential projects in Thane have been built keeping in mind the standard of living of its inhabitants. The layout of the city is well-thought out and the infrastructure of the city makes living here a very pleasant experience for its residents.

Final Note

According to the Times of India, investments in the area have grown by around 300% from the year 2009 to 2013. If investment decisions are taken with acuity, it can result in an ample amount of appreciation per annum.

Aspects That Make Goregaon A Comfortable Residential Hub

Looking for the most perfect projects in Goregaon West can be quite a daunting process if you do not know how to go about the act. This is especially true if you happen to be a first-time home buyer. As you start checking upon the existing and ongoing residential projects in Goregaon West, you may want to keep the following tips handy. These guidelines for purchasing the best apartment of your choice will help you go about the process with ease. You will find yourself saving upon your hard-earned money and avoiding common mistakes.
 
Read on for more.
 
How to Buy Residential Projects in Goregaon West?
 
Are you planning to buy an apartment in projects in Goregaon West? If yes, do consider the following tips.
 
1. Rent or Buy?
 
Once you are ready to embark on the search process, it is essential to do an assessment of whether you wish to rent or buy a home property at this stage of your life. In most cities, rentals are affordable, but property prices are quite high. Which way will you go? Young corporates would find it easy to rent the property of their choice as it will give them the liberty of moving to any other place as per their professional needs in the future.
 
In case you have adequate savings in place and have decided to settle down in Goregaon with your family, then the ideal move would be to shortlist the properties the match your requirements. Apart from taking a look at the locational advantages of the places shortlisted by you, you need to figure out the carpet area, amenities, common community benefits, etc. as well.
 
2. Location is Essential
 
Your purchase of the best residential property will be incomplete if you do not get the location you desire. A good location would be one that is easily accessible by public transportation. Alongside, it should be in close proximity to your place of work and that of your kids’ educational institutions to avoid long hours of commute. In addition, the home selected by you should be close to public amenities and recreational centres to provide the benefits of modern urban living.
 
Are you ready to purchase your dream home in Goregaon with the help of these tips?

Friday, 19 October 2018

Mulund Offering Best Property Investment Options

Located close to Navi Mumbai and Thane, Mulund is a well-planned suburb of Mumbai. In the recent past, Mulund has transformed from a sleepy and silent city into a thriving hub for the real estate market. With recreational and entertainment facilities abound, the quality of life and infrastructure development too, have escalated. The region has become a part of the real estate revolution and that has led to a growth in both, residential and commercial projects being undertaken there. It has become a profitable junction for both investors and end users. What benefits the property market in Mulund is that in comparison to other affluent properties in Mumbai, the homes in Mulund are still pretty affordable.

Another factor that makes property investment a prudent decision in Mulund is the enhanced presence of industries, well-known schools and colleges, and transportation facilities. It is a mushrooming hub for IT companies and this has resulted in increased investments in commercial properties in Mumbai. With more and more people moving to this part of the city, the real estate market here shows a lot of promise. This makes it the right time to look for property in Mulund and find the perfect 2 BHK flat in Mulund West.

Let us explore some more reasons that make an investment in properties in Mulund a promising and profitable decision.

Enriched Quality of Life

The townships and buildings constructed here cater to the needs of people who want an enhanced and better quality of life. As per the 2014 Property Index report, there has been a 40% rise in Mulund’s real estate prices. This is a sign of the extent to which one can benefit from making an investment in Mulund. One can find luxurious flats in Mulund, especially in the areas in and near Mulund West and realise their dream of owning a residential property in Mulund.

Capturing Vertical Growth

Mulund caters to the middle and the affluent income groups, a factor making it a rewarding property investment hub. With Mumbai growing and expanding in all directions, one can witness hundreds of towers, buildings, and other townships in and around the city. Mulund is not far behind in that race and presents a win-win situation for both the investor and end-user or buyer.

Future Projections

Mulund offers great connectivity via the monorail and metro. This is amongst the many influential features for real estate enthusiasts there. Those investing in property in Mulund will definitely benefit from this.

Parting Words

There is a lot of potential in the real estate market in Mulund. Now is the right time to tap in the real estate market here and find the ideal 2 BHK flat in Mulund West for your family and secure both the present and future.