Best Option for Luxury Leaving in Mumbai

Owning a home in a bustling city like Mumbai is a dream that has come true for every individual living in the city. Skyi Star Towers is easily one of the best investments that you could make for a prosperous future.

Living in a luxury apartment with all the amenities -  posh interiors, access to improved car parking, swimming pool, and so on whereas such a luxurious property also gains value as years progress.

Prepare Yourself for the Purchase

Decision Making– Start by making a firm decision to buy a property in Mumbai. Once you do so, it is time to put in all your investments such as jewels and existing assets. Any old homes can help you fetch good money if you know how to negotiate and sell it for the highest bidder.

Explore Loans– Skyi Star Towers is a beautiful locale that comes at a cost that justifies the luxury. To afford it, explore loans offered by banks and private lending firms.

Check Interest Rate– The best interest rates will help reduce the overall sum you pay at the end of the loan tenor. Prepare yourself by exploring multiple options and negotiate to get the best offer that the lending firm could offer.

Importance of Loans– Before buying your beautiful home at Skyi Star Towers, even if you have saved all the money necessary, loans are handy. They help you retain your asset, and pay off a loan in easy repayments for years. Home Loans also help in reducing taxes that you pay every year out of your income.

Approach a reliable agent who can help you out, or you can do the research on your own to make your big home dream come true.

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Grab the Opportunity to Buy Apartment in Mumbai in 2019

If you are planning to buy a house in Mumbai, you need to have financial stability without putting yourself in a financial burden over the years.

Here are certain things you need to consider before buying or investing in a property in Mumbai:

# Know Your Budget

First, you need to determine your budget. Find a good reason to buy a property in Mumbai and then see your budget – whether you want to buy a small apartment, rent an apartment or buy a flat or house.

You can look for a property in Sunteck Westworld for better amenities and fetching you high returns in the future as well.

# Check The Credit Score

If you don’t have a big amount to buy a property in one go, consider applying for a home loan with any trusted bank or non-banking financial company. There are so many financial institutions like Bajaj Housing Finance offering people easy home loan options to help them get their dream home.

# Don’t Choke Your Savings

Do invest in new flat in Mumbai without choking your savings. You need to consider the future responsibilities as well. So, don’t break your entire savings. Keep some for the emergency fund as well.

# Check On An Existing Debt

If you already have a loan, don’t get another loan. It will be an added burden on you.  Try to repay the first debt before applying for another home loan or any other loan.

Additional Read: Bajaj Housing Finance Home Loan

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Best Places to Live in Mumbai as Per Livability Quotient

Mumbai, the commercial capital of India, houses some of the most luxurious residential townships such as Palava City. Offering premium amenities, Palava City rates are quite affordable. Real estate activities have started picking up the pace in Mumbai following months of slowdown due to micro and macro-economic factors.

Some of the best places to buy property in Mumbai are Goregaon, Mulund, Dombivali East, and Matunga.

Strategically located, Goregaon is one of the most sought-after destinations in the city as it's well-served by buses and railways. You can visit any part of the country from Goregaon through the Western Express Highway and the Chhatrapati Shivaji International Airport.

A planned region on the brink of Navi Mumbai and Thane, Mulund is well served by railways and buses. The dynamic infrastructure has been one of the major boosters for real estate development in Mulund. Several developers have launched luxurious residential projects here.

Dombivali East is known for Palava City, a sprawling township located between Thane, Navi Mumbai and Kalyan. From here you can easily commute to the buzzing Thane-Belapur commercial hub and the upcoming Navi Mumbai International Airport within minutes.

If you want to stay in the heart of Mumbai, Matunga is the place to be. It is famous for its mouthwatering eateries along with renowned spots such as Matunga Market, Five Garden, and Shivaji Park. The place has some of the famous schools, hospitals, and government and non-government organisations.

Enjoying excellent connectivity, Matunga is well-connected to other parts of Mumbai through the Eastern Express Highway.

To finance your home, you can get a home loan up to 3 crore from the Bajaj Housing Finance which is the India's most trusted housing company. before availing check home loan interest rates. 

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Why Mumbai is the Best Destination to Own a House In?

Palava City developed by the Lodha Group is one of the prestigious real estate property in Mumbai. Spread across 4500 acres, Palava City is strategically located on the Kalyan-Badlapur Road, at the junction of Dombivali, Kalyan and Navi Mumbai.

The buzzing Thane-Belapur commercial hub and the upcoming Navi Mumbai International Airport are a 20-minute drive from Palava City and the adjacent Dombivali, Vashi and Diva railway stations make the township accessible from different parts of Mumbai.

Along with great connectivity, the township also boasts of top-notch amenities such as supermarkets, community spaces and clubhouses among others. There's a large shopping mall housing a number of branded outlets. Palava City Mumbai also boasts of a FIFA-standard football field, a cricket stadium and several multi-purpose courts for indoor sports.

Also Read: Buying a Flat in Mumbai? Check out the Top 5 Localities for Residential Purpose

It also houses educational institutes of repute. Currently there are three schools affiliated to the Council for the Indian School Certificate Examinations. 20 more schools are planned to come up in the near future. This ensures your children receive quality education without having to travel far and wide.

Well-maintained roads and gardens further elevate living standards at Palava City. Also, these high-end amenities can be availed at a cost-effective price point, making Palava City one of the best living destinations in Mumbai.

And with a home loan from Bajaj Housing Finance, you can have the money you need as well as in-person assistance for site visit and documentation for your dream home.

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RERA Revolutionizing the Indian Real Estate Industry

The RERA Act was implemented on May 1, 2017, which completely changed the face of the real estate industry in India. Developers have had to formally register under the RERA Act to be able to sell the property to consumers. It has affected the metro cities the most and has brought about a sense of relief to buyers who were looking to make an investment in the property sector.

Some of the major game changers in the RERA Act are the stringent timelines on the developer, failing which they are liable to refund the amount with interest to the buyer. Also, the unique RERA registration number enables the user to decide whether or not a seller is legitimate and suitable for any further investments.

It also gives power to the buyer using which he/she can investigate the track record of the seller to ensure their credibility and reputation. One of the most trustworthy and reliable developers are the Dosti West County in Thane West, Mumbai. Along with a good reputation and extensive facilities to its buyers, they comply with all the RERA norms strictly and aim at providing better solutions to its buyers at reasonable prices.

Deviating from the marketing ads and charging more than 10% of the total cost of the property as a booking amount is also a breach of the RERA Act which might cost the sellers their licence and might even involve jail-time. The Act has the best interest of buyers at heart.

Also, you can buy a home with instant housing finance facility by Bajaj Housing Finance Limited, you may have the capacity to guarantee the advantages from PMAY home advance or PMAY CLSS.

Additional Read: 3 Things You Should Check Before Buying a Property in Mumbai

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Things to Know About Palava City by Lodha Group

A smart city situated in Mumbai, Palava City offers the highest standards to its residents. Sprawled across an area of over 4,500 acres, it houses international standard like amenities with world-class infrastructure. Well connected roads to the nearby railway stations and the upcoming airport give it an edge over other townships.

Finding a suitable flat in Mumbai is a tedious task, you somewhere end up compromising on one or the other important checklist factors that you might have for investing in a house. However, the Palava City is a complete package in itself, it meets high expectations of the investors by providing top-notch facilities within its boundaries.

With the news of the upcoming 7-million square feet working spaces in the city, it has been attracting people ever since. The hassles of travelling back and forth to your office can be drastically reduced, or even wiped out completely owing to nearby offices in the city itself. A great opportunity for entrepreneurs who are looking for co-working spaces or start-up hubs is strongly present in the Palava city.

It leaves out no reason why one should not make an investment in their property. Right from the renowned educational institutes to rich co-working spaces, the Palava City has it all. Rich green spaces in the township and amenities like playgrounds, clubhouse, a shopping mall with PVR multiplex along with the humongous playgrounds and cricket stadium is what makes the Palava city your best investment option.

With more and more home seekers eyeing affordable housing, major lenders such as NBFCs like Bajaj Housing Finance offer high-value loans amount up to Rs. 3.5 crores at an affordable interest rate and flexible tenure of 240 months with minimum paperwork.

Additional Read: Reasons to Invest in Lodha Palava City

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Why is South Mumbai Preferred by Expats?

There is a certain energy and exhilaration associated with the city of Mumbai that is supposed to be the entertainment and above all, the financial capital of India. People from all parts of India dream of coming to Mumbai and settle here for a prospective future. Mumbai is therefore a heaven of habitats for almost every single stratum of the society. However, there are certa in areas of Mumbai that are known to be extremely extravagant and posh, having a certain elegance quotient entwined with  them and therefore, such places are always sought after by the celebrities and other rich and renowned people of Mumbai. In the context of residential properties in Mumbai, one such region is SoBo or South Mumbai.

Nothing can Beat South Mumbai

 

From the perspective of real estate Mumbai, South Mumbai or ‘SoBo’ (derived from erstwhile South Bombay) is a preferred place of accommodation for the upper echelons of the society. This is one of the most costly zones of Mumbai that has got some of the most luxurious lifestyle-based housing destinations solely designed to suit the sophistication of the elite class of the Indian society. Some of the places in the South Mumbai region are Cuffe Parade, Nepean Sea Road, Peddar Road, Colaba, Nariman Point, Malabar Hill, Marine Lines, Tardeo, etc. and they are famous for their escalating property rates that can only be afforded by the elite classes of the society. 

This place in spite of being one of the oldest zones of Mumbai is still one of the most modern and trendiest areas as well. It comprises of the downtown area of Mumbai and sits at the heart of trade and commerce of the city. In fact, it can also be said that this area not only holds an importance in terms of Mumbai real estate but also throughout India and globally as well in terms of its business and cultural importance.

Style of South Mumbai

As already mentioned earlier, South Mumbai is said to house some of the best localities of Mumbai. In fact, apart from the residential complexes, villas, bungalows and high rises, there are several museums, art galleries, bars, marvelous restaurants, luxury retail shops such as Armani, Zegna, Hermes and of course the biggest attraction in the form of the Gateway of India as well. Therefore, it goes without saying that when it comes to real estate Mumbai, this place is one of the most magnificent zones that contains several tourist attractions as well. What’s more, South Mumbai’s property rates are always soaring as per the market fluctuations and these are almost at par with those of Manhattan in the United States of America. This is the reason why this place tops the list for wealthy expats and celebrities who are ready to spend a considerable amount of money in order to purchase a property in the South Mumbai or SoBo region.

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Area Profile of Bhiwandi Also Known As Manchester of India

Recently, the sale of properties in Mumbai gone up and the area has become an attractive location for developers to undertake their residential projects as well. Bhiwandi is famously known as “Manchester of India” due to the presence of many power looms in this region. The city has been of historical importance and even now due to its location in the Konkan area it is emerging as a major destination for buying real estate. Many people are investing in a property in Bhiwandi.

Real Estate

This small city, located on the eastern side of Maharashtra, has a wide range of 2 BHK flats in Bhiwandi and 3 BHK flats in Bhiwandi. Though there are no plots available or townships that include villa, the existing townships are offering many amenities and the apartments are built with modern techniques and elegant designs.

Developers in Bhiwandi

There are some prominent developers who have their upcoming residential projects in Mumbai and that too in Bhiwandi. They are, Krishna Space, Tata Housing, Bhumi World, AR Buildtech, and Ashapura. Many new projects are also underway in the area.

Connectivity

The Mumbai Highway connects it to the main city. Bhiwandi is also connected to other cities through roadways. There are bus services available to commute from one city to another in Maharashtra. The Nizampur State Transport Depot has many buses going on different routes like - Shirdi, Aurangabad, Borivali and through these bus routes, Bhiwandi is very well-connected to the rest of the state.

The Railway Station is located just 2 kms away from Bhiwandi. The city is also not far away from the  Chhatrapati Shivaji International Airport, which is only 32 kms away from Bhiwandi.

Educational Institutions

Bhiwandi has a number of good schools. Some of the prominent schools are - Saraswati English High School, N.E.S’s English Medium School, Peli School and so on. Some prominent colleges of Bhiwandi are, Swayam Siddhi College of Management, G.M. Momin College, B.N.N. College and so on.

Social infrastructure

Bhiwandi has a number of shopping malls, shopping complexes, movie theaters, restaurants, and hotels. So the city is equipped with enough entertainments centers and one does not have to travel great distances to enjoy these facilities. Magnet Mall and Korum Mall are some of the popular malls of Bhiwandi.

Also, Bhiwandi has an ample number of healthcare institutions. Some good hospitals that one can find in Bhiwandi are Globe Medical, Leela Joshi Hospital and Lifeline Hospital.

Why Bhiwandi is a Good Location to Buy Property

Bhiwandi is one of the oldest cities of Maharashtra and has seen tremendous growth in recent years. The rate at which new infrastructure has been created in the area is noteworthy and in coming years the city will overcome its current challenges as well. It has many good townships which have 2 BHK flats in Bhiwandi and 3 BHK flats in Bhiwandi and many home buyers are opting for them. All world class facilities are available in the townships and the flats are quite spacious offering a luxurious lifestyle.

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