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Showing posts from February, 2019

Brand engagement versus endorsement: What should home buyers trust more

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In the past many celebrities like international football star Zinedine Zidane; actors Priyanka Chopra, Aishwarya Rai Bachchan, Deepika Padukone, Shah Rukh Khan, Akshay Kumar and Twinkle Khanna; cricketers MS Dhoni, Sachin Tendulkar, Virat Kohli, have been roped in as brand ambassadors for real estate projects. This form of endorsement, serves to make the brand identifiable . On the other hand, various engagement activities carried out by developers, help the developers to gain valuable insights about their potential buyers and vice-versa. Manish Advani, head of marketing and public relations, Mahindra Special Services, points out that a successful person advocating a product, can serve to influence a common man to buy that product. “As a result, ad campaigns featuring actors and sportsperson are quite common, to generate awareness about the product among home buyers during the launch period,” he explains. The difference between brand endorsement and brand engagement in real esta

Steps to Consider While Choosing Right Builders in Panvel

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On the outskirts of Mumbai, lies a gold mine for investors - Panvel. While many are unaware or simply unwilling to consider the opportunity that Panvel has to offer, Panvel is brimming with opportunities as the real estate market conditions have seen exponential growth in the last few years. Panvel has emerged as one of the hottest and fastest-growing real estate markets in Navi Mumbai, in terms of infrastructure development and connectivity. Its real estate market has also witnessed considerable activity across segments, including affordable, mid-segment and luxury housing, as well as commercial complexes. Due to the manifestations of a healthy property market condition, this is the perfect time to take advantage of hot deals available in Panvel’s real estate market. But, the most important factor to be considered while purchasing a property is to choose the right property developer that guarantees safety on your capital. Here are a few factors and steps to be considered wh

Top 5 Mistakes To Avoid When Investing In Commercial Real Estate

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Real estate investment is more of a science than an art and requires careful planning and assessment of various factors. All the more care is needed if you are investing in commercial real estate since the ticket size of investment is usually high and there are lot of factors that determine the returns and price appreciation in such type of property. The commercial real estate market is dynamic and various aspects that determine the rent earning potential and even property price rise, change from time to time. Change of government or change of policies can also have a huge impact on the potential of the property to earn for you. Environmental impact in a particular area and consequently new laws relating to the protection of Mother Earth in a particular locality or zone, can also affect the earning potential of a building. We take a look at some of the common traps or even oversights that investors should avoid when investing in commercial real estate: Use of the word Proform

Real Estate Expectations 2019 - Property in Panvel

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The real estate sector in Navi Mumbai is set to witness some important developments this year. After a slowdown that lasted nearly a couple of years, the real estate market in Navi Mumbai began to pick up again towards the middle of 2018. Here’s what we can expect in 2019: Increase in Demand & Supply of Housing: The Government of India is focused on working towards its agenda of Housing For All by 2022. The plan is to build one crore new housing units by the stated year, because of which affordable housing is being due importance. Nearly 50,100 new housing units were launched across NCR, MMR, Mumbai, Chennai, Bengaluru, Pune, Kolkata and Hyderabad in the second quarter of 2018. In Navi Mumbai, there was an enormous 214 per cent increase. The affordable housing sector was a major contributor here, and we can expect a significant increase in the demand and supply of housing units this year in the Property in Navi Mumbai . The Rise of Hybrid Workspaces: Hybrid workspaces

3 Benefits Of Buying A Home Near The Airport Property in Panvel

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Buying a house near the airport offers numerous advantages Property in Panvel . Of course, house buyers are sometimes concerned about factors like noise pollution when buying a property near the airport. However, experts suggest that the advantages and convenience of purchasing property in proximity to the airport far outweigh some of those problems. Here are some compelling benefits of buying a house near the airport: The Convenience of Travel:  Investing in a house near the airport adds to the convenience of travel in more ways than one. Not only is it very easy to get to the airport, but it also makes it easy for you to travel more frequently. This is especially advantageous for people who travel a lot for work. Buy your dream house Buy Property in Navi Mumbai . Realty Prices:  Property near the airport is known to appreciate well, especially because of its convenient location. If you invest at the right time Property in Navi Mumbai, you can get a spacious house at an

Budget 2019’s Capital Gains Proposals Can Boost The Property Market

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The sale of immovable property, which is held by an individual for more than 24 months, attracts long-term capital gains (LTCG) tax of 20 per cent on the profit (net consideration minus expenses incurred towards sales and purchase, indexed cost of improvements and indexed cost of acquisition). In the budget 2014-15, it was clarified that only one house could be purchased or constructed from the capital gains, to claim exemption on LTCG tax. “This restricted reinvestments into the real estate sector and prompted home buyers/ investors to look for other avenues, such investment in specific bonds and capital account schemes, to save tax,” says Abhinav Joshi, head of research, CBRE India. Budget 2019-20 proposals on long-term capital gains from property However, the recent announcement of rollover of capital gains in budget 2019-20, has relaxed the restriction of investing in one property to two properties, which will encourage home buyers and investors to invest in the sector.

Why You Should Invest Property in Panvel?

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The living in an urban jungle and living the fast-paced life is equally thrilling and overwhelming. Life in India’s largest city in Navi Mumbai means learning to appreciate the daily turbulence and traffic chaos, while savoring life in the most cosmopolitan city on the subcontinent. Buy Ready Possession Flats in Panvel. Panvel, Navi Mumbai is where the country’s future is being forged, and gleaming towers and a new middle-class co-exist with sprawling slums to rich class with mind-boggling luxuries. The city entices people from all over India and from nations around the world, and its upwardly mobile skyline is a statement of its global ambitions. When we think of the city like Navi Mumbai besides all its glitzy façade, the city is also famed to be known as one of the most expensive realty markets in India. So, here’s the question; would you like to own a house of your own in the Navi Mumbai city? Though intimidating, the answer would most likely be a Yes. Buy your dream house P

How carpet area definition changes in RERA

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The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can leads to a lot of disconnect, between what you pay and what you actually get.  Not surprisingly, the maximum number of cases registered in the consumer courts, are against developers on the issue of cheating, vis -à- vis the size of the flat. According to the provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA), it is now the duty of the developer, to make buyers aware of the carpet area and quote prices based on this and not the super built-up area. Gautam Chatterjee, Maharashtra RERA chairman, explains that “It is now mandatory for the developers of all ongoing projects, to disclose the size of their apartments, on the basis on carpet area (i.e., the area within four walls). This includes usable spaces, like kitchen and toilets. This imparts clarity, which was not the case earlier