SHUKHOBRISHTI - One of the Best Housing Projects in Kolkata

Being the cultural capital of the country, Kolkata has seen its share of ups and downs in the Real Estate in the last few years. However, the difficult times are over now and Kolkata has regained its status as a booming real-estate investment prospect.

Plus, thanks to the recent initiatives by the Indian government; 2018 is one of the best time to buy property in Kolkata. If you are interested, check out the top-rated real-estate developers and housing projects in Kolkata.

# Shapoorji Pallonji

Shapoorji Pallonji is one of the oldest real-estate developers in Kolkata. The company is known for constructing some brilliant architecture across the city. Presently, Shapouri Pallonji Kolkata is all set to unveil it's biggest housing project - Shukhobrishti. Located in New Town, Kolkata, Shukhobrishti is one of the biggest mass housing projects providing homes at affordable rates.

The best part about investing in Shukhobrishti is, you get instant home loan offers by Bajaj Housing Finance for buying homes here.

# Ambuja Neotia

Ambuja Neotia is a perfect choice for real-estate investors looking for eco-friendly housing projects. The group has already launched 217 housing units in the last decade. Currently, they hold their territories across Garia, Santoshpur, and Lake Town.

# The Mani Group

Following the tradition, ‘price low to high’ the 42 Kolkata is a premium housing project by the Mani Group. The housing project aims at offering affordable 5 and 6 BHK high-class luxurious apartments built in around 7780 – 7815 square feet; to their customers.

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Best Areas In Bangalore For Real Estate Investment

Bangalore is an IT hub that attracts talent from all backgrounds. Many dream to settle here or are on the lookout for their dream abode.

Best areas to invest in real estate Bangalore are -

• Indiranagar
• Narasapura
• Hennur
• Sarjapur
• Whitefield

There are several benefits to settling in a vibrant city like Bangalore blessed with an awesome climate.

1. You can get your home built exactly as per your preferences. You enjoy better flexibility in the style of construction.

2. Leading NBFCs like Bajaj Housing Finance offers attractive home loan for potential home buyers at the affordable interest rate and flexible tenure. Lenders understand your need for the loan and thus offer an easy payment scheme. This is called the Flexi Hybrid plan.

A unique feature that lets you borrow as per your need form the loan amount sanctioned. They then charge interest on these daily withdrawals. This helps to lower the EMI by up to 45% and better manage your finances.

3. With time there is excellent appreciation the investor can avail on their property. This makes it a great investment option for long-term investors.

4. Bangalore is a well-planned city endowed with dependable infrastructure. This makes quite a choice for working couples, families with young children and even senior citizens wanting to enjoy a viable social life.

5. Most of the open spaces that you find in Bangalore are for building a house that is near to natural places. This aspect makes it an attractive option for people wishing to find a house close to nature.

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Civil Lines - The Best Locality in North Delhi for Real Estate Investors

Delhi being the capital of India, is overpopulated and most of the areas like the south, south-east, and the west Delhi are ‘out-of-budget’ for the lower and middle-income group. However, as people say, “If one searches intently enough he can find God too!” potential home buyers still stand a chance to own a house in the capital if they look at the right place. 

Accordingly, Civil lines - a residential area and subdivision of North Delhi District in the National Capital Territory of Delhi is a perfect choice to buy apartment in Delhi. The region is one of the most crucial ones among the twelve zones of the Delhi Municipal Corporation and had established its prominence right from the British era. It remained the seat of governance for a considerable period of time under the British Raj and buying an apartment here is no less than achieving a major milestone in life. Don’t believe us? Take a look at the reasons why buying an apartment in Civil lines is worthwhile. 

Great connectivity in and around Delhi: Civil lines is well connected to major areas of south, west, and east parts of Delhi. Plus, major NCR areas such as Sonipat, Noida, and Gurugram are hardly an hour drive from this location.

Availability of public transport: Transportation is the best aspect of CIVIL lines. No matter what the time being, you’ll always find local DTC buses plying on the road. The area is surrounded by four major metro station: GTB Nagar, Vishwavidyalaya, Kashmere Gate, and Vidhan Sabha; each being hardly 2-4 KM away. Plus, the Old Delhi Railways Station and the Inter-State Bus Terminal are very close; hardly 5-10 minutes by bus or car.  

Highest proximity to Delhi University: Lastly, it is one of the best areas if your family includes college-going kids. The North and South Campus of Delhi University is easily accessible from Civil lines.   

Leading NBFCs like Bajaj Housing Finance offers attractive home loan for potential home buyers at the affordable interest rate and flexible tenure.

Read Also: Civil Lines in Delhi is a Top Choice for Investors

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All About Private Equity Investments In Real Estate

Private equity (PE) investments in real estate have grown at a CAGR of 36% since 2014 at Rs. 59,100 crores in 2017. It is bolstered by a reduction in the investment risk perception and availability of mature assets. Government scheme of ‘Housing for All’ holds promising opportunities for Private equity investors as they can look for projects that show best prospects.  

Residential properties have endured the most preferred property class as over 3.1 billion of total private equity investment was notified during the year in the assets class. In this sector, Mumbai is the most preferred location for living and accounts for 34% share followed by Bangalore and Delhi NCR which each account for 20% and 26% of the share, respectively. While, domestic money was not active realty investors in Residential properties in Mumbai, Delhi, Bangalore etc and accounts for 80% of total investments.

The real estate has seen a resurgence of interest in 2017 after slowdown of the previous 2-3 years, buoyed by affordable housing segment which includes residential units less than Rs. 50 lakhs.

Keeping in mind the real estate market of cities like Mumbai and Bangalore experts believe the private equity will boom and in coming days witness its glorious days, though it is now being marked by constant ups and downs.

At times, when the private equity market go up / down, investment in residential sector grows weak, investors flock to commercial assets with the inflow into office segment growing steadily and warehouse. Experts feel that these otherwise neglected segments of retail and warehousing are witnessing renewed interest and will grow steadily.

You can easily apply for Bajaj Housing Finance home loan at the lender’s official website with minimum paperwork. Upon verification, you can enjoy instant loan approval and quick disbursement to take care of your financial obligations.

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Peenya Becomes Major Affordable Housing Hub in Bangalore

There are some localities that make a history of their own and Peenya, situated near Bangalore is not only one of the oldest industrial areas in the country, but also in the entire South East Asia. As an industrial estate, it is home to industries of various sizes but the thrust is mainly on the manufacture of engineering and electrical units. It can be said that most of the parts of the electronic goods that we use are made here. The region came into being in the late 1970s and in 1979, it covered about 140 acres of land, a significant rise after an initial start of 125. Later, when the development of the second stage started, the region saw a rise of both commercial as well as residential units, in the manner of Chamundi Nagar.

Moreover, the connectivity factor in Peenya was also a major cause of its right as it was situated on the Bangalore- Mangalore Highway, or National Highway 48. Another National Highway, Number 4, or the Bangalore- Tumkur Highway also passes by it. Recently, it has attracted the attention of the investors because of some fast growing localities near Bangalore like Yeshwantpur, Jalahalli, Rajaji Nagar and Hebbal and because of the growth of real estate there, Peenya too has its fair share of real estate development. Naturally, when there are so many industries in the vicinity, it is only a given that those working here would also need suitable accommodation. The workers working here mostly work with CNC machine tools/ die casting dies and moulds, manufacturing transformers, motors and generators.

There are also textile industries here, predominantly silk, and Bangalore Silk is famous throughout the country. There are rubber- moulding industries, hydraulics industry and others with similar capacity. Certain extremely well known industries like Alfeni Metarc Ltd,3D Concept Tooling Pvt ltd, Mangalam Creations, Wipro Technologies, ABB, have their factories and warehouse at Peenya. And though there have been government directives to shift the heavy industries farther from the city because of the pollution here, the region has already been formed and the residential houses would stay right where they are. What mainly started as a industrial town is a large residential city today and is slowly becoming a major draw for affordable housing segment to accommodate all the workers and employees working in these factories and warehouses here.

With the government’s thrust on affordable housing, Peenya has made it all the more to the top of the developer’s list for affordable housing because the region here is still demands apartments and flats for the lower income group. Moreover, with access to easy home loan facilities now, many can finally achieve their dream of having their own home. Most of the buyers here are first time buyers and the demand is more for small 2 BHK flats in Peenya, which can be had within a Rs 30 lakhs range, with the price per sq feet mostly ranging from Rs 2500 to Rs 5000, depending on the locality of the project. 

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How to start Investing in Real Estate

One of the biggest ordeals in today’s life is how to invest your money in a piece of land in the form of a home or business property. In any case, you will need to validate that the assumptions you made about the profit and the real profits are close to each other depending upon the extent of your endeavor. This is a guide to help you wade through the world of real estate while investing in it. This guide is all about how to be cautious and wise at the time of investing.

It is very important to comprehend what is going around in the market when you are thinking of investing in the real estate market. This comprehension paves the way for strategizing your steps. This world is to be treated similar to a business world and the same wisdom needs to be in place while dealing with the people in here.

Guidelines

• You will have to deal with realtors and specialists. Some information regarding the assertions and experiences of them is vital.
• One of the ways to do so is to confirm with their past customers and verify their dependability. Check for the free reviews if any.
• Don’t be shy, request references and know the person you are going to deal with, such as a real estate developer.
• Be absolutely sure footed and do not fall for any deceives and lies.

Investing in real estate also depends what location you prefer and your other priorities. After ensuring all these things too you can go for real estate investing.

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Which is Better Place to Live - South Delhi or Central Delhi ?

Delhi is the capital of India. It is divided into different major parts such as East Delhi, West Delhi, North Delhi, South Delhi, Central Delhi, New Delhi and much more. The individuals who want to buy house in Delhi and stay in Delhi will be hesitated to choose residency in the different parts of Delhi. 

South Delhi

South Delhi is a mix of both old and New Delhi. South Delhi ranges from congested by paths of towns like Munirka to swanky territories like Hauz Khas, Vasant Vihar, Greater Kailash, C.R Park, Panchsheel Enclave, South Extension, Defense Colony, Friends Colony, Green Park and so on. Delhi made its advances by extending to each potential area inside the fringe of Delhi and South Delhi is the result of this very certainty. New structures, luxurious territories, enhanced shopping buildings, shopping centers and world-class framework can be found in South Delhi. In the South Delhi, the social infrastructure is well developed and the cost of the flats is high as compared to other flats in Delhi.

Central Delhi

Central Delhi houses the central business region and it influences the real estate in Delhi. It incorporates Shahjahanabad (Old Delhi) which filled in as capital of the Mughal Empire, and is home to the landmarks like the Delhi Fort and the Jama Masjid, Delhi's important mosque. Delhi has been relieved from the issues of developing demands of corporate bodies and government foundations. With globalization hitting the scene of Delhi, the city required more development and better foundation to meet those requests. However, with the improvement of satellite urban communities like Gurgaon and Noida, this issue was settled an extraordinary degree. The greater part of the administration workplaces discovered their place in these satellite urban areas including universal and household organizations. In this region, the flats and apartments are of reasonable cost and it will not influence the real estate in Delhi.

When you compare South Delhi with Central Delhi, there are various differences that can be determined. The differences are:

• social infrastructure
• price appreciation
• presence of good connectivity
• availability of the facilities and all other features.

In Central Delhi, the proximity to reach various places are very closer when compared with other places in Delhi, while in South Delhi, the proximity is not much closer. In Central Delhi, the social infrastructure such as shopping malls, buildings, hospitals, and all other provisions are available at low cost while the South Delhi comprise the same with high class. The price is changing every year in these regions when compared with the other flats in Delhi.

If an individual want to rent or own the housing with high-class infrastructure in luxurious way, he can opt the South Delhi. If an individual want to rent or own the housing with middle-class infrastructure, he can choose the Central Delhi.

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Kalyan and Ambernath are new Realty Hotspots now in Mumbai

There is an old motto ‘’Buy low and sell high’’. When you are investing in any property, be it housing, office or anything else, you often get confused. Markets in real estate at times can be recurring and precarious. Buying or selling any property is a significant undertaking. The real estate investment is leveraged investment, as over the years the property will rise in value and turn out to be a good investment. You can even rent your property and earn from it.

Kalyan and Ambernath: A Perfect Investment Opportunity

With the business status being given to the reasonable lodging part and the advancement of different infrastructural ventures, there are sure zones in Mumbai that are changing into affordable housing hotspots, and Kalyan and Ambernath are among them.. Kalyan is famously known as being Maharashtra’s gateway to North India and South India. In the last few years, this the micro market has demonstrated noteworthy industrialized development, with quite a few national and multinational organizations operational there. A few factors that have worked commendably for real estate development in Kalyan and Ambernath are -

• Great network with Badlapur - a vital railroad intersection in MMR. Kalyan, Dombivali, Bhiwandi and Ulhasnagar are likewise effectively available.
• Important roads, for example, Pipeline Road, Kalyan-Badlapur Road, SH-76 and NH-222 go through Ambernath.
• The city and social foundation here is developing quickly on the back of the expanding populace.
• The nearness of an extensive mechanical unforeseen drives private request from the blue-busted workforce to Ambernath.
  # Additionally, tourist spots, for example, Matheran and Titwala are close by.

Development Projects in Kalyan and Ambernath Road

About 10 years prior, in spite of the fast advancement, framework and community courtesies in a large portion of suburbia in MMR, particularly on the western and focal line, were extremely poor. However, with more engineers concentrating on giving housing in Ambernath, these components have seen a critical redesign. The range likewise has a range of housing organizations and medicinal services offices, alongside shopping centres and multiplexes.

Late advancement extends notwithstanding future development projects by the administration, which has prompted enormous interest for housing in Kalyan and today there are numerous real estate firms and independent manufacturers who are putting forth apartments available to be purchased in this territory. A portion of the prime undertakings incorporate Lifestyle City by Nirmal Lifestyle, Casa Rio by the Lodha Group, Amantara by Tata Housing and Aspire by the Poddar Group. The rate offered is of around INR 4,000-10,000 relying upon the size of the venture and the different courtesies advertised.

Kalyan West has numerous worldwide schools and universities in its region, for example, 

• Tree House International School
• St. Thomas Oxford School
• Sacred Heart High School
• Don Bosco High School
• Sri Vani Vidyashala High School
• Podar International School. 

The territory likewise gloats of driving restorative organizations, for example, Fortis Hospital, Shreedevi Hospital, Rukmini Hospital and Kalyan Hospital. Kalyan accommodates cutting edge human services, training, and revival offices at rates which are moderate. Kalyan offers simple accessibility of affordable homes particularly for those searching for 2 BHK flats in Mumbai. This reasonableness of land and plots has likewise stretched out itself to development in business land.

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What Exactly Constitutes Affordable Housing?

India is one of the growing countries where the highest amount of population belongs to the economically poor class, lower middle class, and higher middle class. There are very few higher class people, as compared to the other class, however they are the pioneers of real estate in India. Be it economically poor or middle-class, everyone has one simple or basic need of a house for oneself and family. Though higher class people can buy houses easily at any price but the other class of people want a house which is affordable.

Layman Meaning of Affordable House

In simple words, affordable houses can be justified by a house which gives accommodation plus maximum expected amenities at a lowest possible price within the budget of an individual. Their expectations are less from the house but the price of the house must fit the allocated budget. That's the meaning of affordable houses. It is noted seriously by property builders in India, because they can only work best when they know what the target audience actually wants from them.

Specific Definitions of Affordable House

There are multiple definitions available, which can be considered for a house to be an affordable house. If we talk about what Reserve Bank of India (RBI) called an affordable house, it is related to the price. In metro cities affordable house should be priced less than Rs. 65 lakh and in non-metro cities it should be less than Rs 50 lakhs.

Economically weak people or poor people, who are basically daily wage earners; for them affordable house is having a house of area between 300 to 500 square feet and priced less than Rs 5 lakh. For the people who have low income, for them, house within the price range of Rs 7 lakh to Rs 12 lakh with an area measurement of 500 to 600 square feet is the affordable house. Middle-class people can afford up to Rs 12 lakh to Rs 50 lakh for a 600 to 120 square feet and that is the affordable house for them.

Government Consideration

The government is planning and working on many initiatives regarding housing for all. As it's not possible to give costly houses to people, so the government and the developers are focused towards affordable houses. This gives chances to fulfill everyone's dream of a house which is within their means for meeting up maintenance expenses. With this consideration, the government can achieve the target of “House for All” by 2022.

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Real Estate Areas that Guarantee Best Returns on Investment in Mumbai

Owing to it epic proportions, Mumbai is one mega city which has grown by leaps and bounds. Development here is taking place in almost all real estate sectors. The property prices here are increasing due to the tremendous economic boom. Mumbai is home to some of the richest individuals in the country.

Real estate Mumbai is witnessing a boom and there is huge demand for buying house in Mumbai whose prices exceed the Rs. 1 crore mark. If you wish to buy flats in Mumbai, you may consider these top 8 locations for real estate investment in Mumbai

Top Locations to buy Property in Mumbai 

 

1. Kharghar, Navi Mumbai: If you are looking for the most developed and well planned sectors, Kharghar is the best choice. Developed by the CIDCO, Kharghar holds around 45 sectors that are extremely developed and organized in terms of infrastructure. The employment opportunities are also increasing due to the development of commercial and industrial zones here. The place also enjoys good connectivity to Thane.

2. Chembur: Located in the eastern region of Mumbai, Chembur has seen huge infrastructural development. It is located close to the South Western Suburbs and also the Central Region. Due to SCLR, Chembur enjoys great connectivity. Lower Parel and BKC are located at a distance of 10-12 kms from the locality.

3. Mulund: Mulund is a leading cosmopolitan suburb in Mumbai which has several malls and extremely well planned commercial and residential complexes. Owing to the rising demand for properties, the growth centre has now shifted towards Mulund.

4. Dahisar: Dahisar is located close to areas such as Malad, Thane, Andheri and Goregaon and is connected via the Western Express Highway. It boasts of good connectivity to commercial establishments of Thane and Andheri. The rates of properties in Dahisar are also reasonable. Real estate Mumbai investments here are sure to give heavy returns.

5. Panvel: Panvel has almost become the heart of New Bombay. It is well planned and fabulously connected to both Mumbai and Pune through the Expressway. You may consider investing here since property prices are sure to rise in the future.

6. Virar-Vasai: This region bears testimony to the fact that the Mumbai real estate market is still flourishing. The twin areas offer affordable commercial and residential options. Connected to the main Mumbai city via Western Railway Line and WEH, the internal connectivity has also greatly improved here. You will find here several colleges and schools and even the prices of properties are rising.
7. Ghodbunder Road: This road in Mumbai is well connected to both western and the eastern sides of Mumbai due to WEH and EEH. The residential development also seems to have quickened in the past 5 years. Due to its proximity to main suburbs, the commercial and residential activity is growing here.

8. Mira-Bhayander Road: This is again one of the fastest developing suburbs, enjoying excellent connectivity to western Mumbai via the Western Railway Line and the WEH. It is well connected to the airport. You will find here plenty of schools and even the infrastructure is sound.
   
   
   
   
   

Mumbai real estate is going to further improve as a great deal of development of new residential projects in Mumbai as well as commercial development is taking place in regions like these.

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