Location is matters and not just in real estate. Psychologists have long known that people’s surroundings can influence their moods and mental health, and that mental health services are unevenly distributed in communities. One defining factors of choosing a dream house is its location. It is a crucial decision because location plays an important role in your life. It affects your physical and mental health in more ways than one. Let’s find out how.
Work Life Balance:
A good and well-connected location saves your commuting time from home to office and vice versa. Thus you can achieve a perfect work life balance and spend more quality time with your family. Most of the professionals and young couples prefer house closer to their workplace. It also frees you from the harassing and time consuming traffic jams. Buy house Property in Navi Mumbai.
Daily Conveniences and Lifestyle:
Going a long distance for everything you need, every time is very irritating. It takes a toll on your physical health as well as mental peace. Having daily needs such as grocery and vegetable markets, hospitals and clinics, restaurants, banks, college and ATMs, lifestyle shopping and entertainment in close vicinity truly helps. Daily stress is reduced and life becomes easier and smoother book your new home Flats in Navi Mumbai.
Security is Important:
Good location ensures safety and security of you and your family. This is very important especially for school or college going kids, elderly people in the family. When your family is in a safe locality you feel relaxed and focus on other tasks more efficiently. Plus good location means good return on investment and complete peace of mind! Buy your dream house Projects in Panvel.
A smart investment for real estate is a purchase of a property which includes an income stream for the future. It also includes stability, diversification, potential returns, and inflammation hedging. Whenever you are going to invest money for purchasing a single home for yourself or Flats in Navi Mumbai, you have to follow some strategies which will ensure you that your investment for purchasing Flats in Panvel is as good as it can be. Some essential tips for smart real estate investors are as follows
Take time to understand the market of real investment
Before investing your money for purchasing any Property in Panvel, you should take sufficient time to understand the real estate market condition. You should think about the recent value of the property for renting or resale and even the factors of the neighborhood.
Do research yourself to assess the value of property
You should not rely on the agents or other investors of real estate market to get information about the current value of Panvel property which you have planned to purchase. You should do research yourself to get an idea for the recent value of flats in Navi Mumbai. Your knowledge about the market value of the property in Navi Mumbai area will help you to make the right decision for purchasing Flats in Navi Mumbai.
Start your investment in purchasing a small property
When you will start to invest your money within the real estate market, you should always choose a small property which required a small amount of investment. When you will get more experiences over time, you should invest for a big purchase of Panvel property.
Choose a rental property to invest your money
If you invest your money by choosing a rental property, you can earn money from it. It is a stable investment within the real estate market though you have to pay for maintenance or to handle the management of the property.
Invest your money to purchase REITs
REIT represents Real Estate Investment Trust. REITs are involved in commercial properties such as hotels, office buildings, apartments and retail stores owned by companies and you will invest your money within the company. Generally, they offer high standard dividends to attract investors. If you want to invest your money for purchasing property in Panvel for the first time, you can choose an REIT of a well-known company.
Think about commercial properties of real estate business
Usually, experienced investors invest their money for purchasing commercial properties of real estate business. Moreover, commercial properties are more expensive comparing to the residential properties as it generates a high rate of cash flow.
Purchase a vacation rental property
By purchasing a vacation rental property, you can earn money by renting it for the part of a year and you can use it for personal use for the rest of the time of a year. According to this type of purchase, the location of the property plays an important role to get a return on your investment.
If you are interested to purchase a real estate Property in Panvel, you can follow the above-mentioned tips to make the right decision for your smart real estate investment.
Panvel is a locality in Raigad district of Maharashtra in Konkan Division It is one of the highly populated city because of its closeness to Mumbai. As the monsoon season is going on and umbrellas are out. The rains are pouring over and to celebrate the sweetness of this season; one can visit many places in Panvel to enjoy the monsoon season. The below-listed are the ones to check out:
Gadeshwar dam is a great place during the monsoon whenever the dam overflows. Its 15 Mins drive from Balaji Symphony, one can reach the place by entering New Panvel and via the Sukhpur-Nere road. The villages and farms with the Matheran hills on the background are so serene and surreal to watch. There are many property projects in Panvel around here, where people can make real estate investment. This is one of the best place to visit in monsoon season.
1.5 hours away from Mumbai and about 2 hours from Pune is this amazing campsite in Karnala. Right next to the Karnala Bird Sanctuary and Fort, this awesome campground also has a beautiful waterfall in its bounds. All this makes the place to set up camps in the monsoon season. Its 15 Mins drive from Panvel Rly Stn, Karnala campsite itself is amazingly beautiful, ornate with lush greenery and flanked by tall palm trees on all its sides.
Prabalgad Fort is also known as Kalavantin Durg. It is situated between Matheran and Panvel in Maharashtra, at a height of 2,300 feet. This fort is built at the peak of a rocky terrain that is very close to Matheran is like a major tourist attraction. A trek to this place is all good for those who enjoy adventure and the way to the fort is a dangerously steep climb. The steps going to the fort are cut into the rock of the hill.
Manikgad Fort is situated on a hill in Manikgad village of Maharashtra. Currently the fort is ruinous, and the village has been deserted for long. Trekkers are suggested to travel in groups. Around the fortifications are the crumbled remains of a large stone gate and a flour grinder, made of stone? There is a small Shiva linga at the top on the side of a temple with no deity inside.
Bet el Synagogue
In the middle lies a mix of rapid urbanization, a centrally located Tapalnaka on Mahatma Gandhi Road lives a small bit of Israel. The Beth El Synagogue is a kind of home to about 20 Bene-Israeli families and popular Property in Navi Mumbai to invest in real estate and the nearby Raigad district. It has been around since 1849 and is the only Jewish temple to be located. Prayer services are held here thrice a day, the foremost being the Arbith (Evening prayer) held after sunset.
Karnala Bird Sanctuary
It is a bird sanctuary around the Karnala fort. It is a sanctuary for indigenous bird species where tranquil preserve surrounding the Karnala fort. It has been learnt from people here that birds are always visible in the early mornings.
So, enjoy the monsoon season by spending at Property in Panvel nearby these places and take your loved ones to the following listed destinations and make the most of your time and season.
Real estate investments in Panvel, Navi Mumbai are on the rise, thanks to its buzzing metropolis status that thrives on a fulfilling lifestyle for families, students and working professionals. It attracts people from all walks of life who wish to settle down in a modern, fast-paced city, but at the same time, away from all the chaos. The top Builders in Navi Mumbai are now set to offer spacious and luxurious house at excellent locations that are in line with the city’s lifestyle standards. In addition to the beautiful weather and landscapes, here are five reasons why Panvel is a great residential and commercial investment choice.
Panvel, Navi Mumbai can support the growing need for modern infrastructure as it has been rapidly growing on various fronts. There has been a massive improvement in the transportation system, better roads, better connectivity to other parts of the city and all other aspects that are essential for a comfortable lifestyle in an urban city buy luxury Flats for Sale in Panvel.
Increasing Education And Employment Opportunities:
As a hub for industrial giants, internationally-accredited educational institutes, IT sector, global markets and startups, Panvel, Navi Mumbai is economically growing with a plethora of educational and employment opportunities to offer. The city has a rich, learning culture that has something for everyone, which makes it a city of excellent opportunities Buy Flat in Panvel.
Smart City Model That Supports A Sustainable Lifestyle:
The smart city model offers a fulfilling lifestyle focusing on residential Projects in Panvel that are socially, economically and environmentally sustainable. With an aim to ensure that every resident experiences complete comfort in their everyday lives, a holistic plan is chalked out to manage resources efficiently and support the growing need for a sustainable lifestyle.
Steady Property Returns:
The growing infrastructural capacity and locational advantage, Navi Mumbai has witnessed a consistent increase in the market price of the real estate industry. The growth of educational, industrial and technological industries has contributed to a massive influx of people, leading to a rise in demand for residential Property in Navi Mumbai and thereby leading to a steady increase in returns.
Buzzing Social Life:
Surrounded by some lovely hill stations Panvel, Mumbai has plenty of respite for those always on the lookout for short getaways. In addition to that, an expanding number of bistros, eateries, bars, restaurants and hotels are enough to keep the residents merrily occupied. There are many cultural events and concerts held too, so you always have something to look forward to.
If you are looking for more reasons for why to invest in Projects in Panvel, here is a great residential investment option that can help you make up your mind – by Balaji Symphony. It is amongst one of the best luxury Flats in Navi Mumbai.
The beautiful monsoon season has knocked at the door and the air is heavy with the sweet aroma of the wet mud and the atmosphere will be filled with different shades of green. However, monsoon does also mean maintenance of houses and this is because the high moisture in the air and the atmosphere has a bad effect on the cement and foundations of the house. If left without maintenance, the structure of the house starts to gather moss and as a result the entire structure becomes weak.
Why Monsoon also calls for a change in the home decoration?
It’s the season of the year again, when all you want to do is get rid of all your tasks and bunk your office and curl up on the sofa with a book at your 2 BHK Flat in Panvel, but changing the home decor might make you feel better and this is why it is important you make your home feel more vibrant so that you feel more energetic this monsoon.
Monsoon home decor tips
The upcoming Projects in Panvel are very roomy and spacious and therefore to bring in more energy to them here are a few monsoon home decor tips:
Bring out all the empty wine bottles and fill them with fresh flowers which will brighten up your room. Use flowers like peonies, lilies and tulips to make the flower combination look more vibrant.
A very annoying thing in the monsoon is that whenever your friends comes to visit you they bring their umbrellas and if that is wet, it leaves a wet trial. To get rid of this, leave a sleek vase or basket at your front door which will act as a water stand.
Change the window draping, avoid heavy curtains made up of cotton and use the curtains made up of lace or sheer to make the atmosphere of the room more airy and fresh.
In the living room of the 2bhk flat in Panvel place a chic tray along with scented candles, it will make the atmosphere very soothing during the monsoon evenings.
Tips for maintenance of the flats in the monsoon:
All these home decors will fail to make any impact unless you have a well-maintained flat. Therefore you must also look after the maintenance of your Property in Panvel. Here are a few tips to share about the maintenance of the residential properties.
Check out for the leaks and the weak wall joints and immediately call for a technician to get the leaks fixed and the house water-proof.
Get the drains cleared, during the monsoon, the drains tend to get clogged and these drains become home to germs and mosquitoes. Therefore, plumbing is very important in the monsoon.
Care of the furniture is also very important during the monsoons. Clean your furniture with a damp cloth and if possible you have to polish and coat the furniture to keep it safe during monsoon.
By following these tips you can ensure that your stay in monsoon in your Panvel Property is filled with serenity, positive vibes and calmness.
Monsoon is a very Important Part of South Asia. Many People depend on Monsoon Season. It’s Starts from the first week of the June to September and cover all India. Monsoon involves braving the puddles, traffic jams and getting splashed by passing vehicles. So, how can this good time for investing in real estate?
But in Actually monsoon is the time to investing in homes or real estate. Because the demand is very low in this season people are avoiding to go out from their homes so willing persons get very good Discount which the dealers doesn’t give in festival Seasons. For Mumbai people it’s good time to invest in the area like Navi Mumbai and Panvel.
An opportunity to bargain: Time is money and sellers are ready to move their unclaimed Real Estate. Property Dealers providing Heavy discount in these seasons. Consequently, people are waiting for the festival season like October and November to invest in real estate. This is why Builders in Panvel, Navi Mumbai Offer Heavy Discount for Boost up the Sales In Monsoon Seasons. Moreover Builders in Panvel and Navi Mumbai giving up to 20 Percent Discount.
Easier loans: Potential buyers also get Monsoon Special Home loans from Banks. The Bank would not offer a formal discount, they would be likely to negotiate the charges and interest rate according to customers Credit Scores.
Perfect time to scout for Quality: With the Elements pouring down in the monsoon months, it could reveal constructional defects. Sellers and Developers find it easier to keep properties in good, Sale-able conditions during the summers. Buyers can also detect any leakages and dampness in monsoon seasons.
However you can check the mobile networks and traffic on the access road as in the selected project during the monsoon seasons, especially you are new in the area. The conclusion in that is the monsoon is the right time to invest in property. It’s good time to invest in an area like Navi Mumbai because builders giving too much exciting offers for increasing the rate of sale and help to boost up the profits. In Monsoon Seasons, some builders also provide some accommodation like Air condition, almirah, all the wooden work, etc, which help buyers when he purchased that. Help to saving the money the saving the money which he can invest in another thing.
In the Area like Navi Mumbai, people get a discount from 15 to 20 percent. If you are searching for homes from the starting of the year and if you have been eyeing on the property, so people of Panvel and Navi Mumbai who are searching for the property in that area its right time to buy the Property in Panvel and buy the Property in Navi Mumbai.
Real estate in India is quite different than most of the countries. Because of India’s diverse culture, variety and growing economy it has got an attraction and has acquired a different image in the world. In the last few years, Navi Mumbai has successfully arisen as the most preferred location for multinational companies due to its strategic location. It is located on the outskirts of the state of Maharashtra, and it is in the booming phase right now, which is giving the greater opportunity for investment purposes in the residential Property in Navi Mumbai. In spite of the global economy crisis, the demand for residential Property in Panvel, Navi Mumbai has been growing and it has now become one of the hottest property destinations in India.
There has always been a reason for buying Flats in Panvel. Keeping those reasons in mind you have to decide in which city, in which area you are willing to buy your dream house. Some of the important reasons you should consider for investing in residential Property in Navi Mumbai could be the lowest rate of interest offered by various banks, it’s nearness to Mumbai, massive potential for growth in multiple sectors. Also, it offers good infrastructure, balanced climatic conditions, and many other reasons to invest in the city. Navi Mumbai is well established educational hub since it has a large number of esteemed colleges and educational institutions. Students from all over the country and the world are coming to this city, which is another reason for the rise in the demand for all kinds of residential Property in Navi Mumbai.
Flourishing of the IT industry was the primary reason that drives the demand for residential Property in Panvel. There is a need for creating more living spaces since various commercial establishments like commercial buildings, offices, world-class infrastructure, etc. being set in the city. The professionals who are employed in these industries also have to be accommodated in the city, and that increase the demand for building up of various types of residential accommodations, thereby, increasing the demand for housing.
The real estate sector of Navi Mumbai has not been affected much by economic breakdown, and the prices were found to be quite stable as well. There was an insignificant amount of drop in prices during it and with a market already picking up, they are all set to rise again. The demand for residential Property in Panvel has been increasing so much so that it has about to exceed the supply. Property market of Navi Mumbai is one the most active sector among the Western Indian cities and one of the fastest growing too. More and more investments are being brought in by the property developers, local investment players and MNCs setting their foot in the city.
Housing projects have been planned along the borders of the city. The focus on these areas has grown due to high capital and rental values and property developers and Builders in Navi Mumbai are obviously taking the opportunity with open arms. The demand for medium to high budget residential properties are continuously seeing an increasing trend in Navi Mumbai buy residential luxury Flats in Navi Mumbai.
The proposed Mumbai Trans Harbour Link (‘MTHL’) is been planned to facilitate faster connectivity and reduce the travelling time between the island city and main land (Navi Mumbai) and also the development of Navi Mumbai Region. The link was envisaged about 35 years back. Earlier three attempts in the year 2006, 2007 and 2013 by the Government authorities to take up the Project in various modes including PPP and EPC did not succeed. Govt. of Maharashtra, vide G.R. dated 4th February 2009, decided that the project will be owned and implemented by Mumbai Metropolitan Region Development Authority (MMRDA).
Accordingly, the Mumbai Metropolitan Region Development Authority (MMRDA) has undertaken the implementation of the Mumbai Trans Harbour Link Project, connecting Sewri on Mumbai side to Chirle on Navi Mumbai side. This important link having length of about 21.8 Km is being implemented considering the importance of connectivity between Mumbai and Navi Mumbai. On completion of this project, the commuters traveling from Mumbai towards Navi Mumbai,Jawaharlal Nehru Port, Navi Mumbai International Airport, Panvel, Goa, Pune will not only be saving travel time but will also save in terms of fuel. This will also help reduce the traffic congestion in Mumbai and facilitate development of Navi Mumbai area.
It has been decided to implement the project on EPC (Design-Build) basis with Official Development Loan assistance from JICA. JICA planned the project to be implemented 3 Packages of Civil works and 1 package containing the Intelligent Transport System. The Contract Agreements were signed on 26th December 2017 for Package 1 and 3 and on 19th January 2018 for Package 2. The letters of Commencements have been issued to Contractors of Package-1, Package-2 & Package-3 Contractors on 23rd March 2018.
Benefits of the MTHL Project are –
Saving in travel time, Vehicle Operating Cost and Fuel Savings
Decongestion in Mumbai
Accelerated growth of Navi Mumbai
Faster access to Navi Mumbai International Airport
Connectivity to Pune Expressway
Connectivity to MbPT and JNPT Ports
Environment improvement and reduced pollution level
Rationalization of real estate prices in Greater Mumbai
Greater economic integration of Mumbai with Navi Mumbai and extended regions
of Panvel, Pune, Alibaug, Goa
Increases employment opportunity.
The Project is being implemented in 4 Packages: 1. Package-1 Construction of 10.380 km long bridge section (CH 0+000 to CH10+380) across the Mumbai Bay Including Sewri Interchange.
2. Package-2 Construction of 7.807 km long bridge section (CH 10+380 –CH 18+187) across the Mumbai Bay including Shivaji Nagar Interchange.
3. Package-3 Construction of 3.613 km long viaduct section (CH 18+187 – CH 21+ 800) including interchanges at State Highway-54 and at National Highway-4B near Chirle in Navi Mumbai.
4. Package-4 Intelligent Transport Systems (ITS) includes Toll and Transport Management System and Equipment Installation for the Project. PQ for Package-4 is planned to be issued at the third Quarter of 2018.
The construction of the proposed Mumbai Trans Harbour Link will not only reduce the travelling cost and time but also help in the development of real estate sector near Navi Mumbai and and especially for Projects in Panvel with the upcoming Airport.
Selection of the right property to build your dream home or any building project choosing the best Property in Navi Mumbai is very important. There are several proven ways to research and select easily a quality property in Panvel to build your new home, office or any building project. Expert advice which making wealth through the investment of real estate or building project needs careful analysis of the preferred location, market, options, and the merits as well as demerits related to each.
Choosing a property which is the best suited to your requirements is very important for making a profit within the realty market. Some key factors which require to be considered before selecting a property for building project or investment are as follows.
Purpose of building a project or investment
Before embarking on looking for a suitable property, a businessman or investor requires ascertaining his or her purpose for building a project or investment. You can want to get a rental income regularly or you can be interested within capital gains. For rental income, you may prefer the areas which are easily accessible for basic amenities.
Location is one of the most critical factors to choose while investing in real estate or building project. Location of any property near to the railway station, markets, metro stations, etc. always yields a high amount of rent and price appreciation.
An investor should figure out which part of the Property in Panvel will be the right fit for him or her business and the related matters such as budget, risk factors and portfolio of overall investment. Building project or investment for office space, residential, retail and industrial properties have their own individual pros and cons, which should be carefully analyzed.
An investor will have to choose the Panvel property between completed projects and under-construction projects as well as resale and new properties. The completed or ready projects are available with benefits of without risk or delays. On the other hand, the properties within under construction can be bought at lower rates and facilitated with tax benefits on home loans. But, it carries substantial risks according to the dynamic nature of the business market. Plots are also a good option for investment or building project owing to the chance of high-quality capital appreciation, lower cost, immediate possession, and fewer hassles.
Price of the property
Purchasing at the right price is an intrinsic part to invest within real estate or building project in order to gain attractive capital returns. It is essential for the investor to look out a property which meets all their requirements and still exists within their means.
By following the above-mentioned key factors, an investor or Builders in Navi Mumbai can choose the right property for building project or investment. Finally, you can purchase one of the best properties which are essential for a safe and stress-free investment which will help you to get positive returns for a long into the future.
The real estate prices of properties in Mumbai never cease to create a stir among the people interested in real estate investments. From the selling of eye-catchy and expensive flats in Navi Mumbai to the ever-increasing affordability the gap for middle-class income group seeking for a home, the city’s residential real estate market is under constant jeopardy and limelight.
Buying the first home accompanies huge responsibilities some of which involves taking significant choices. This can give you both unnerving and exciting feeling at the same time. It is very easy to get continued in the emotions of home shopping and settle on many wrong decisions that could leave you filled with guilt even years after.
If you are willing to invest in a Property in Navi Mumbai, you need to have a lot of background research because knowledge is power when it comes to real estate investment. Therefore, in this article, we will talk about the common mistakes which people make while purchasing their dream home for the very first time.
Why Real Estate Prices are so steep in Navi Mumbai?
As the city is surrounded by water on three sides; Navi Mumbai has never had the chance of all-around a development like other prominent Indian metros. Mumbai always has seen linear development and the cost of transportation is one of the main factors of rising in prices.
Some common mistakes which people make while buying homes and how to avoid them
Not being able to decide on a budget:
According to real estate and finance experts, the first time home buyers mostly depend on home loans. Therefore, to keep out of the financial crisis in future the best option would be to determine a budget so that the EMI is 50% lower than the total salary of the individual.
Looking for a house before a loan:
Many first-time buyers make the mistake of zeroing down homes before ever meeting the financial institutions for a home loan. This decision might hit you hard if a home has a very tight inventory, or you select homes that you can’t afford.
Buying a house outside your budget:
It is human nature to fall in love with luxurious homes that might be outside your budget, but stretching yourself can lead to regret and worse later. It can put you at higher risk of high interest and EMI and if you face tough times financially, it can lead to the losing your home.
Draining your savings to build a house:
Most of the first time, house owners have a tendency to spend all or most of their savings on the down payment and closing costs. Keeping nothing in your hand for bad weather days is one of the biggest mistakes first-time homebuyers make.
Not looking for the best loan option:
Do not delay in buying a property in Navi Mumbai, as you do not have enough arrangement for a down payment. There are plenty of loan programmes and some of them are government aided as well. Therefore, look through as many loan options as you can before you zero down on the final choice.
Not looking for a good neighbourhood:
It is extremely important that you look for a good neighbourhood before you take the decision of investing the money. Selecting the right neighbourhood is very much critical for your family.
Try to avoid these mistakes while investing for Property In Panvel. Many homeowners might offer you impressive price without an inspection. Though the deal may sound very tempting, think twice before signing on the dotted lines.