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Saturday, 12 May 2018

May 12, 2018

Take a deep insight of 10 major benefits of RERA




The word ‘own home’ brings lots of happiness in our life. If we are not wrong, buying a home is everyone’s dream. However, many of people are not able to buy it because of several reasons. Adding to the melancholy, different builders follow different norms and rules. 
Being a common man, we all invest our lifetime savings in Indian Real Estate. RERA Act is introduced in terms of protecting the interest of property buyers. Additionally, due to this act one can protect and safeguard the interest related to home buyers. 

Taking an insight of RERA

Introduced in 2016, RERA (Real Estate Regulations Act) is introduced in order to protect the interests of home buyers. The main reason behind its introduction is to bring the relief against unfair deals practiced by builders. Because of the set rules, the transparency an easily be practiced in the real estate sector. However, RERA Act also gives different rights to home buyers that have to be followed by builders or developers. 

Discussing the benefits of RERA Act

Here, we are discussing major benefits that bring advantages to buyers. 

1. Consistent carpet area

The rate of a property was not calculated properly based on previous carpet area. Every builder or developer follow their own way of calculation of carpet area. This happens because no certain calculation rules are there. Carpet area is generally defined as net usable floor area that excludes external walls, areas under services shaft, exclusive balcony and verandah area. 

Now, RERA Act gives a formula for computation of carpet area. The same formula is now applied by all builders to practice certain norms. 

2. The default rate of interest 

When there is a default payment, the rate of interest can easily be paid by both parties. Earlier it was seen that the builder cause the delays at the time of possession of a property. The RERA Act clearly defines the interest rate. 

3. Minimizes the risk of bankruptcy

RERA ensures that it serves the persistence of ensuring that the funds are not diverted in many different ways.

4. Prevent the buyer from false promises

While practicing the RERA Act, the buyers can ask for refund paid in advance along with claim compensation and interest. 

5. Talking about advance payment

The builders are not allowed to take more than 10% of total cost of an apartment. This is taken as application fees before doing any agreement or sale. 

6. Buyers have the right in terms of the defect after possession

One can easily detect the defect related to structure and defect in workmanship. 

7. Buyers have right against a delay in possession

This happens when the builder is not able to complete the project on time. In that case, the buyers can withdraw the project or wait till the completion of a project. 

8. Right to information

This act gives the right to information to the buyers regarding anything. 

9. Developers can easily update the project details on RERA website. 

10. Before starting the project of Property in India, the developers have to register the projects with RERA. 

Thursday, 8 February 2018

February 08, 2018

Mumbai Properties: Adding more sparks to the realty of India!



Famous for having the highest GDP in the whole of South, West and Central Asia, Mumbai is the most pursued after economic hub of India. Real estate Mumbai is an influential force behind the city’s steady economy.

Property in Mumbai is gradually witnessing a shift towards the suburbs, which can offer more spacious and pocket-friendly budget properties that their city counterparts. Navi Mumbai and East Central suburbs of the city have become the hottest destinations for properties in Mumbai. There are many new impending commercial and residential projects by prominent developers adding to the wealth of state’s property.

Commercial Properties in Mumbai




The micro market also brings up to the minute commercial properties in Mumbai like The Capital in Bandra, The Wadwah, L&T Sea woods Grand Central at sea woods and Marathon Nextgen Innova in Vashi. While Aditya Sun Plaza in Belapur and Kanakia Wall Street at Dahisar and many more properties in Mumbai offer commercial shops and commercial spaces at convenient rates.

Spanning over the sprawling area, these high-class retail and commercial space invite top brands from across the world. These innovative commercial properties with high-end security facilities like 24 HR video surveillance and firefighting equipment, 100% power backup, Food court, cafeteria, restaurants, Intercom, Wi-Fi connectivity, car parking and maintenance staff are attracting global investors.

Commercial Projects in Mumbai for sale provides excellent opportunity to invest in Mumbai realty.Mumbai Real Estate Market Prospects
The real estate market in Mumbai has a significant role in imparting this city powerful global presence. Companies like Godrej Properties, Runwal, Tata Housing, Lodha Etc, Kolte Patil are continuing building commercial and residential space to meet the growing real estate demand in the city. Mumbai is one of the top real estate markets in India, which is attracting many property buyers from all over the country.

Residential Properties in Mumbai



New Suburbs and Navi Mumbai have more space to build lavish integrated townships replete with luxury residential units and a plethora of world-class amenities for the inhabitants to indulge themselves in. Moreover, the proposed international airport, Mumbai’s trans-harbor link, and metro lines between Panvel and Vashi will facilitate even better and quicker connectivity to the city.

Runwal Bliss In kanjurmarg, Godrej City in Panvel, Tata Eleve in Bhandup, Godrej The Trees in Vikhroli, are some upcoming projects for a residential community in Mumbai. The Independent Houses, Deluxe Residential Villa, and Residential Apartments in Mumbai make the finest property for you and your family to live an excellence life. All the projects are chef-d'oeuvre properties with world-class landscape and expensive amenities.
The rates of Residential Projects in Mumbai ranges from 28.29 lacs onwards. These extravagant projects are supported by payment policies to make investment quick and hassle-free.

Real estate investors, as well as NRIs, love to invest in Residential & Commercial Property in Mumbai for investment by classifying the possible return in the city.

Wednesday, 7 February 2018

February 07, 2018

Auris Serenity - Luxurious Residential Apartmnets in Mumbai






Auris Serenity - Luxurious new housing residential real estate projects in Malad, Mumbai. Flats for sale in Auris Serenity in Malad. Gorgeous looking apartment & luxury fully furnished flats. The project has 2/3/4 BHK Appartments Sized 793-1068 sq.ft, and start at Rs. 1.95 Crs - 4.40 Crs*. Each condominium/level has been well planned to allow Proper ventilation.

Wednesday, 31 January 2018

January 31, 2018

Kalpataru Paramount - The most-awaited residential marvel in the heart of Mumbai




For over last four decades, Kalpataru Group has led the real estate sector in Mumbai. Combining their innovation with outstanding design and superior execution, Kalpataru has defined the Mumbai’s Skyline. Recently, the group has launched a new township project in Thane named Kalpataru Paramount offering a comprehensive lifestyle that you have always desired. This is a distinguished township that speaks about luxury and sophistication.

Sprawled over a pristine land area of 60 acres, the development has high-rise towers giving panoramic views of the surroundings. The brilliantly planned 2 BHK luxurious apartments at  Kalpataru Paramount Mumbai are beautifully designed and providing splendid luxury space to meet the requirements of modern homebuyers. The homes are 3-side open, spacious and contain premium flooring and superb interiors. The township is designed keeping in mind aesthetics and modern architectural features. The carpet area of the apartments varies from 521 sq. ft. to 709 sq. ft., equipped with super-luxurious features.



Kalpataru Paramount location offers seamless connectivity to all the commercial and business hubs. Located in the heart of Thane, these homes come in close proximity to all the basic and emergency requirements of the residents. The ample convenience it offers will truly satisfy your senses.  Places like schools, ATMs, banks, medical centers, shopping centers etc. come in close vicinity. The social infrastructure is well developed here with the easy access to highways and roads. All kinds of public transport facilities are easily available without worrying about traveling for hours.

The international level facilities available at Kalpataru Paramount Balkum Thane allow you to feel the blissful living. The multi-story tower is surrounded by open spaces and lets you feel the nature all the time. There is a clubhouse where you can spend your leisure hours while socializing with other residents.  The world-class amenities inside the development will always keep you active, entertained and rejuvenated. The well-equipped gym with all the modern facilities will help you to stay fit always. The wide-open greens and landscaped gardens will make you feel free and give you a green living experience.  There are themed gardens, meditation area, sculpture garden, barbeque area and a rooftop garden where you can sit and relax.



Starting at a price of Rs. 89 lakhs, the Kalpataru Paramount price is very competitive and truly impressive. The project is also approved by all the major banks in India and home loan facilities will also be available at a very low-interest rate. The price of homes varies as per the apartment size and configurations. If you are planning to invest in   Residential Apartments in Mumbai, you must have a look at this new marvelous presentation by Kalpataru group.

Sunday, 21 January 2018

January 21, 2018

Here are the main reasons why you should invest in a property in Mumbai?




Mumbai the dream city has always been a fascination for every one of us and accommodating people of different cultures from all across India. Everyone wants to be a part of this dream city for business expansion, better jobs, quality education and for the investment purpose. Despite high realty price, buying a property in Mumbai has always been in demand among the investors.  



Real estate Mumbai

Many renowned builders are coming up with premium residential and commercial projects in the city and luring the investors. The developers are becoming more experimental and offering the premium projects with world-class amenities and superb architecture. Currently, the city has a great mixture of residential and commercial projects in the development phase. And due to this, the real estate sector will experience a good profit in the near future. New suburbs and Navi Mumbai are the hottest destinations and offer more spaces to build lavishing integrated residential units with a plethora of world-class amenities. 

Reasons to invest

There are many reasons attracting global investors to invest in properties in Mumbai which include:

Superb connectivity

The excellent connectivity and easy accessibilities are the top reasons that are attracting the buyers and developers. The traffic jams and narrow lanes have become a thing of past. The widened highways, flyovers, roads and railway connectivity along with the introduction of Metro offer the best connectivity.

A commercial hub with better business and employment opportunities

Mumbai is the commercial capital of India and offers amazing work opportunities. Numerous multinational companies and top brands are located in the city and much more are also planning to invest in a commercial property in Mumbai, which implies that the demand and price of properties will always appreciate.

Budget housing trend

Even though the real estate prices are skyrocketing, top developers are also coming up with affordable housing options. Moreover, affordable luxury homes in Mumbai are becoming very popular as they promise a lavishing lifestyle to the dwellers without exceeding their budget.

Best-in-class infrastructure

Several new and advanced infrastructural developments in the city have made Mumbai a lucrative place to spend a luxurious life. Proposed monorail from Chembur to Wadala and the areas like Mulund and Thane are the perfect locations to invest in.

Top builders like Godrej Properties, Tata Housing, Lodha, etc. are continuously building high end residential and commercial units to meet the growing demand for real estate industry. The steady high return on investment is another factor that is enticing investors to invest in a commercial or residential property in Mumbai.