Luxury Homes in Panvel

Owning a house is a milestone for many, whether you are planning to buy the apartment of your dreams or invest in a Property in Panvel . Whether you are a first-time property buyer or a seasoned real estate investor Projects in Panvel , there are some points everyone has to keep in mind before finalising on a property. Few of them include fixing a budget, sticking to a cost range and managing finances. However, contrary to popular belief, purchasing a property doesn't have to be a tedious affair. Here are a few helpful tips for maximizing your savings while investing in a Property for sale in Panvel . Start S aving : The first thing you want to consider before buying a house is how to save money. A house loan only covers 80% of the total property cost. So the remaining 20% require to come from your savings. A good idea would be to ensure you have more than the needed 20%, as that would be the best way to save money. It will shorten your loan payment period and reduce...

The interim budget 2019 of the Narendra Modi government, is no different from previous budgets of India, where the demands of the real estate industry and buyers revolve around the housing market only. This can lead one to wonder, whether there is any space for commercial real estate in the interim budget. The ground reality is that the commercial real estate segment is just about one-fourth of the residential market. Nevertheless, it is the demand for office space that indicates the future road map of the real estate business. The demand for office space is generally the outcome of a healthy economy that creates more jobs, thereby, leading to greater demand for housing. This increase in consumption demand, is reflected in the growth of retail real estate. Announcements in the interim budget 2019 that could have a direct bearing on commercial real estate Job creation (However, any move in this direction, could be seen as one motivated by political gains in mind) Relaxed FDI fo...

The year 2018 was one of transition for the realty sector as goods and services tax (GST) and Maharashtra Real Estate Regulatory Authority (MahaRERA), introduced a year earlier, made their impact on the industry. The slowdown in the realty sector continued, though sales improved marginally after October. There was no revival in the sector though with the non-banking finance companies (NBFCs) crisis towards the end of the year further affecting investments. The homebuyer stayed in focus as builders tried to woo them with sops like price cuts and incentives as well as flexible payment options to buy homes. Builders also did not venture into luxury houses and instead focused on creating small, compact affordable houses, aimed at the budget homebuyer . Despite this, there was no major price correction in the sector. According to Anuj Puri, chairman of the property consultancy firm, ANAROCK, 2018 was a transitory phase. “Though MahaRERA and the GST were unveiled in 2017, th...

On January 9, MahaRERA set aside the plea of over 10 flat buyers who had wanted to exit from a project in Mumbai, stating that bulk withdrawal from the project may mean ‘ jeopardising completion of the project’ and impact the remaining 500 home buyers. The 13-odd buyers had booked units worth Rs 7.5 crore each in the 65-storey Island City Centre project in Dadar constructed Bombay Realty, an arm of The Bombay Dyeing & Manufacturing Company, way back in 2012. They had alleged that the builder had made ‘false assurances regarding amenities and made changes to the carpet area and overall layout of the project’. "Keeping in mind the larger interest of approximately 520 allottees of the said project, allowing bulk withdrawal from the MahaRERA registered project to so many complainants at this stage would mean jeopardising the project completion. Money for the refund will have to be taken out from the separate account, which is meant specially for the completion of the...

Under the RBI’s guidelines, a non-resident Indian (NRI) is allowed to purchase certain types of properties, while other forms of realty may require special permissions. Any non-resident Indian (NRI), who is interested in buying a property in India, should be aware of certain legal provisions pertaining to the purchase or owning of an immovable property in India under the Foreign Exchange Management Act (FEMA). NRIs and persons of Indian origin (PIOs) are treated at par, for the purpose of investment in real estate. Types of properties, where NRIs or PIOs can invest The Reserve Bank of India, through a circular, has given general permission to NRIs, to purchase any residential or commercial property in India. The investor need not seek any specific permission from the RBI, nor is he required to send any communication or intimation in this regard to the RBI. Under the existing general permissions, an NRI can purchase any number of residential or commercial properties. The inco...

Panvel has emerged as Navi Mumbai's key real estate market, on account of its comparatively affordable prices, infrastructure development and prospects of good future returns, by way of appreciation Recently, Navi Mumbai was graded the second-best city to reside, in the ‘Ease of Living Index 2018’, launched by the Union Ministry of Housing and Urban affairs (MoHUA). Also, JLL India, in their report ‘Livability Quotient – A Paradigm Shift in India’s Emerging Cities’ had identified Navi Mumbai as one of the best satellite towns, offering relief from the growing densification problems of Mumbai. This reinstates the fact that Navi Mumbai is a well-planned and managed city, at par with international and national standards. Navi Mumbai was developed with an intent to decongest Mumbai and one node in Navi Mumbai that is developing in a similar manner, is Panvel. “Paucity of land and rapid urbanisation in Mumbai, are resulting in a roll-on effect and directing investors to tur...

The festive season is the believed to be the best time of the year to invest in real estate Property in Panvel . Apart from the traditional cultural beliefs that this is an auspicious occasion to mark new beginnings Projects in Panvel , there are many other compelling reasons to invest in real estate Apartments in Panvel  this time of the year. With the festive occasions of Navratri, Dussehra and Diwali round the corner, you can avail of the many attractive seasonal offers Property for sale in Panvel  and invest in the house of your dreams. Here are some compelling reasons to invest in real estate Panvel Property this festive season: Festive S eason D eals and D iscounts:  There’s no better time than the festive season to Buy Property in Navi Mumbai because of the attractive deals and heavy discounts that you get on projects that may have otherwise been outside of your budget invest Flats in Panvel. Keep in mind that these are real deals with hefty dis...

Now a day's internet is becoming a basic necessity of everyone’s life, the trend of buying property online booming from past few years Projects in Panvel. Today, there are a number of portals where one can advertise, buy, sell or rent a Property in Panvel. Major real estate developers and Builders in Navi Mumbai are taking steps to strengthen their online presence where buyers can check prices and design house. In the current scenario where many reputed real estate businesses trying to sell their property online, and with great affordable pricing offers. In that case buyer gets lots of benefits. Book your house Property for sale in Panvel . Advantage of Buying Property Online Research:  The buyer can compare property online, check the correct Panvel Property Rates using a website or portal tools. The buyer can even read project details and locality details, builder review which will help them to select and take decision on the property. Choosing property online have o...