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Showing posts with the label 2 BHK Flats in Navi Mumbai

Economic Factors to Look While Buying a House in Navi Mumbai

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Panvel, Navi Mumbai is enclosed within the natural beauty and many housing projects have been started there. If you are interested to purchase a flat by choosing one of the best housing projects in Panvel, it will be a good idea. You will get the options for choosing the 2 or 3 BHK flats which are facilitated with all kinds of modern amenities to ensure your comfort and luxury. It is very important to choose the right property and checking of several economic factors are also very important while you are choosing 3BHK or 2BHK flats in Panvel. These economic factors are as follows. Clear information about property tax If you are thinking about purchasing a flat within the housing projects in Panvel, you should check the clearance of a property tax of the real estate. The property tax is levied by the local government and the owner of the property has to pay the property tax. You should check the owner of the property has made the payment of all required tax for the current y...

Why is Navi Mumbai the best place to invest into a Residential Property in Navi Mumbai?

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Imagine your affordable dream home with all the latest amenities in the best possible locality! Is it a fantasy or is there a chance to bring it into reality? Well, it might be a difficult task, but not impossible either. With a lot of residential Projects in Panvel , you can think about owning a fantastic flat with extensive amenities. And that too with a great connectivity and comfy living! The city of Navi Mumbai is the heaven for property investors because the history of the rate of appreciation has been phenomenal so far. With the pace of development currently and the inclusion of Navi Mumbai in the list of smart cities, you need not be a genius to anticipate the bright future of your investment. Why do people prefer investing in residential projects in Panvel? Well, it is definitely not an easy thing to Buy Flat in Panvel . Even if you are looking for reasonably priced 3 BHK Flats in Navi Mumbai, there are several things to be thought over. The unprecedented increa...

Things You Should Know About Tax Benefits of Investing in Real Estate

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Though, investing money in real estate becomes a great method of earning money. It is very much helpful in improving the cash flow and helpful in developing wealth too. Sometimes, a buyer can receive a monthly income as well. But do you have any idea that investing money on the real estate is having great tax benefits? Today, in this blog we will discuss all such benefits in detail. So, if you wanted to grab the information in terms of the tax benefits, you have to keep on reading this blog: No income tax: Doing investment on the real estate comes under the category of the earned income which means that there is no tax incur while doing the investment in terms of real estate. Investing in real estate can be just like salary. While you are investing in the real estate market, then you can get $25,000 of rebate on your taxes. A great option for refinancing: If you want to improve your cash flow, then real estate is the best option for you. You can grab the advantage of th...

Buy Affordable Luxury Property in Navi Mumbai

Panvel has transformed itself from a restive township nestled close to mountains, waterfalls and caves to a highly pro-active industrial, commercial and residential hub. Today, it is home to brand new real estate Projects in Navi Mumbai. The new dynamism has come without losing its age old charm, making it one of the most sought-after investment destinations that offer luxury, serenity and convenience under one roof. It boasts the best connectivity features amongst most Navi Mumbai nodes, simply on account of its striking distance to Lonavla and Pune on one hand, and its terminus status for CST and Thane bound trains on the other. In addition to its connectivity features, is its employment potential for families shifting into its precinct  Buy Flat in Panvel. Panvel and its adjoining areas are home to the who’s who of corporate India. Reliance Paper Products, Hindustan Unilever Ltd, Pidilite Industries, Aditya Birla; to name a few. A distinct advantage in comparison to mos...

Guide to Investing In Panvel Residential Projects

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Over the past couple of years, Panvel has developed inversely as the new real estate hub in  Navi Mumbai and there isn't just one reason to justify this. The emergence of numerous MNCs, shopping malls, parks, grounds, educational institutions, better connectivity and also the plan of upcoming airport has contributed to Panvel position in the real estate market as a major developing hub in Navi Mumbai with everything to offer – high quality of education, employment opportunities, and a buzzing social life along with its proximity to Mumbai city. The immense burden on Mumbai’s suburban land has made developers look for similar viable real estate options. People are moving to panvel or Navi Mumbai from different cities to live an urban lifestyle, without the excessive pressure of overpopulation and smaller spaces. Having witnessed a lot of changes in the market trends and also the construction of many real estate projects, it is safe to say that Panvel has come a long way. Be i...

Home Loans: Longer Tenure Ones Are The Best Bet

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A longer tenure home loan gives the borrower a higher home loan eligibility, along with flexibility in repayment and income tax benefits Until a few decades ago, Indians were generally averse to taking loans to buy or construct their homes and would use their retirement funds for the same. However, with increasing urbanisation , easy availability of home loans and higher earnings of the family as a unit, this trend has changed. Now, many individuals are buying their first house even before marriage, by availing home loans. Nevertheless, most borrowers feel that that they should opt for short tenures on their home loans, to be free from debts quickly, without realising the implications. On the contrary, one should opt for home loans with a long tenure of up to 20 years or 30 years. Here are some of the advantages of doing so. Longer tenure loans offer higher loan eligibility - An individual’s home loan eligibility, is determined on the basis of his/her ability to repay the...

Safety Tips For Home Buyers, To Avoid Fire Hazards In New Projects

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While a fire has many causes and the authorities are quick to pin the blame on the society and residents for poor upkeep and storage of hazardous goods on the premises, seldom are fingers pointed at the fire officials who issued permits to such hazardous structures in the first place. It is no secret that such buildings are in essence ‘vertical slums’, with 20-storey towers cooped closely together, leaving no room for ventilation, sunlight, open space or enough access space for heavy fire engines. The final outcome is a death trap, which, tragically in a crowded city like Mumbai, is turning into an inferno with frightening regularity. Development Control Regulations for fire safety As per the requirements of Development Control (DC) Regulation 29, any building having a height of more than 24 metres, must compulsorily have open space of six metres or more, around it. However, builders are quick to flout this by getting illegal ‘condonations and relaxations’ from the planning autho...

Panvel: Upcoming Infrastructure Makes It a Sought-After Affordable Housing Market

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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 turn towards emerging areas, which could ‘peak’ in the coming years. As more locations continue to go out of the reach of a certain cross-segment of buyers, Panvel is emerging as a favourite for buyers. The...

How To Finance A Home Purchase In Panvel Property?

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Everyone need s  to live in their own house. But sometimes got to require a land for making a new home, but if you are not coming up with necessary cost of money for the land, you can always take a loan from a bank. Many banks in India offer loan for home. Buying home is easy these day s,  but banks do have their terms and conditions which have to meet before proceeding to buy home Property for sale in Panvel . First of all, you can ’ t buy land for agricultural purposes. It should be for residential purpose. Banks don’t provide loans for buying land for agriculture. If you are thinking that, you better drop that plan. Some banks also need land to be in municipal limits. Some clauses like starting construction within 6 months to a year are also there. There are a lot of restrictive clauses; you better read all the loan related documents carefully Flats for Sale in Panvel . A Land loan is completely different from house loan there is a lot of factors, like: ta...

10 Important Papers To Check Before Buying A New Property in Panvel

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Mumbai is the most ideal place in India. It enjoys the status of being a metro, a retired person ’s  paradise, IT and   e commerce hub, Shopping mall, the garden city etc. One can easily fulfil the dream of owning a home in such a beautiful place as there are many residential Property for sale in Panvel . But buying a new Panvel Property  is a complex task. There is lot s  of paperwork involved. But the feeling one gets after going inside own home is awesome. That is worth the stress of doing all complex documentation procedure. Buying a Home is a different ball game as compared to buying a home or apartment. The kind of documents required while doing documentation for buying  a  home is slightly different. There are different kinds of processes followed in each state while buying 2, 3 BHK Flats in Navi Mumbai . Twelve most important papers to check before buying a new property are as follows: Land Records:   You should be che...