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How To Choose The Right Property?

July 23, 2019 by balajisymphony  

Flats in Navi Mumbai

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

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.

Property segment

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.

Property type

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.

Source: https://www.balajisymphony.com/blog/how-to-choose-the-right-property/

How to avoid the common mistakes which first-time house buyers are prone to make while buying a house?

July 18, 2019 by balajisymphony  

Flats in Navi Mumbai

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.

Conclusion

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.

Source:https://www.balajisymphony.com/blog/how-to-avoid-the-common-mistakes-which-first-time-house-buyers-are-prone-to-make-while-buying-a-house/

Simple Home Decor Ideas For Beautiful Transformations

July 16, 2019 by balajisymphony  

Builders in Panvel

Well-planned, stylish homes reflect a lot about the lifestyle choices and the personality of their inhabitants. It’s certain that every individual has a different approach towards designing and decorating their house.The design of the house reflects the thinking and positivity towards life. The Property in Navi Mumbai, brings you the perfect destination for spacious homes that can bring your imagination to life.

Here are a few amazing tips that will help you to design and decorate your home the best

Set the tone – When you imagine yourself living in a house, you most likely have a rough idea of what that it would like. The theme or idea ascertains the overall vibe of the house whether it will be traditional, contemporary or modern. The decor pieces, furniture, lighting and colour scheme are all dependent on the tone or theme you choose for your home. Create a cohesive look in a living room with beautiful wallpaper by replacing outdated cushions and lampshades with stylish new on-trend accessories in the same hue. If your much-loved sofa has seen better days, consider having it reupholstered in a gorgeous new fabric.

Establish a colour scheme – One of the first and most essential factors to determine in home decor is the colour palette – neutral, bright or deep hues. It is often said that white and bright colours brings positivity in your home bringing positive thoughts in your minds. Colour plays a very important role in setting the mood and ambience of a house. A distinct idea of a combination of colours can help you pre-decide the decor and furniture effectively.

Decor placement and lighting – The way you place your decor and lights determine how creative you are. Since we spend a major part of our time inside the house, it is essential to prioritise comfort and space. The idea is to maximise space and use decor resourcefully. Both artificial and natural lighting should be strategically used to tone down or brighten the different parts of the house, to give the illusion of a more spacious home. Adding plants and creepers gives freshness in the house. It is a complementing pair that goes hand in hand at every step. Different show pieces and lamps add more appealing look to your home.You should add comforting bed, sofas and cushions in your 2 BHK Flats in Panvel to give a more homely appearance.

Play with texture– The secret of making your home look more lively is by adding texture to it. One great way to add texture is by adding different textiles and textures in the form of curtains, tablecloth, rugs, bedding or simply a throw on the sofa. Books, unique decor pieces, tiles, mirrors, wall art and small fixtures are other great ways to make a house look more cosy and complete. Bring a neutral look to your Flats in Panvel with decorative wooden lettering on the walls, or choose a bold, oversized artwork. And if you love the idea of wall pattern that can be easily changed, choose a wall sticker with stylish typography and a quote that makes your heart sing.

Balaji Symphony is one of the best Luxury residential and Commercial Real Estate developer and Builders in Panvel, Navi Mumbai. Provides lavish and luxurious developed 1 BHK, 2 BHK and 3 BHK Flats & Projects in Panvel. The venture is well prepared with all contemporary facilities and 24X7 protection support to accomplish the needs of the citizens with modern amenities and security services. Buy Property in Navi Mumbai.

Simple Ways to Make Your Apartment More Eco-Friendly

July 11, 2019 by balajisymphony  

New Projects in Andheri West

It’s great news that people are becoming environmentally conscious these days. Getting more eco-friendly not only help you live healthily but saves the environment for your upcoming generations. Here are some of the simple ways to make your apartment a more eco-friendly place.

Go For Eco-Friendly Furniture

Yes, it’s very easy to grab any type of furniture for your apartment but if your goal is to go green, then look for the eco-friendly furniture. This environment-friendly furniture is manufactured from materials like eco-wood, 100% natural latex, organic cotton reclaimed wood and recycled fabric. Also, it helps to keep the air clean because it is prepared with low VOC finishes.

Get Solar Powered

Solar power is the best option to reduce your energy costs and solar power companies can easily install for your apartment. No matter whether its 1BHK or 2 BHK Flats in Panvel, you can get it anywhere around the country. Once it’s installed on your roof, it produces zero-emission that means it will not impact the environment throughout its life.

Insulate Your Apartment Properly

A well-insulated apartment will help in holding heat properly. Though it’s a onetime investment can provide benefits for a long time. People with 3 BHK Flats in Panvelcan go with both wall and roof insulation or either of them as per their requirement.

Pick Water-Based Paints

When people think of decorating 2 BHK Flats in Navi Mumbai, they often go with oil-based paints instead they should apply water-based paints because it contains natural pigments and is eco-friendly. You can get a nice variety of colours in the water-based section as compared to oil based.

Think Green When You Clean

However, it’s very difficult to change your favourite detergent and cleaning products which you used for years but when you are looking forward to an eco-friendly apartment, then you must choose the natural options. There are things like bicarbonate of soda, vinegar and lemon juice which are best to kill bacteria and keep your apartment odour free.

Install a Smart Meter

People living in 3 BHK Flats in Navi Mumbai have to pay huge for electricity in the time of winters. A smart meter can automatically turn on the heater before you reach home and turn off when you leave. This feature will not only help to reduce energy consumption but save devices from overuse.

Invest In Energy Efficient Light Bulbs

People have started using energy efficient lights bulbs these days which are reducing their energy costs. Those who are putting their 2 BHK Flats for sale in Panvel can install energy efficient lights in order to attract buyers.

Fix the Leaky Faucet

Saving water is one of the best contributions to nature. People living in apartments should get their leaky faucets fixed on time unless it may waste plenty of water. People who have a plan to put 2 BHK Flats for sale in Navi Mumbai must check for leaky taps in order to save water and help the new owner.

At last…

Transforming the apartment to an eco-friendly place can be a hectic task for you but your approach can save the environment and help you and your generation lives healthily.

Source: https://www.balajisymphony.com/blog/simple-ways-to-make-your-apartment-more-eco-friendly/

Budget 2019: Allocation for Housing and Urban Affairs Ministry up by 12%, to Rs 48,000 crores

July 9, 2019 by balajisymphony  

Flats for Sale in Panvel

The Housing and Urban Affairs Ministry’s budgetary provisions were pegged at Rs 48,000 crores in the Union Budget 2019-20, a hike of nearly 12% from 2018-19. The Pradhan Mantri Awas Yojana (Urban), an ambitious programme of the Modi government, has been given Rs 6,853.26 crores, as against Rs 6,505 crores in 2018-19. Similarly, there has been an increase of nearly 25%, in the allocation to metro projects across the country.

“Under the PMAY-U, over 81 lakh houses, with an investment of about Rs 4.83 lakh crores, have been sanctioned, of which construction of about 47 lakh houses has started,” finance minister Nirmala Sitharaman said. “Over 26 lakh houses have been completed, of which nearly 24 lakh houses have been delivered to the beneficiaries,” she said.

A sum of Rs 17,713.93 crores has been allocated towards metro rail projects across India in the Budget, against Rs 14,864.60 crores in 2018-19. The Delhi Metro Rail Corporation (DMRC) has been given Rs 414.70 crores, as against Rs 50 crores in 2018-19.

The government has also set aside Rs 19,152 crores for the Mass Rapid Transit System (MRTS), as against the previous financial year’s budgetary allocation of Rs 15,600 crores.

The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme, which aims at ensuring robust sewage networks, water supply and other infrastructure to improve the quality of life in urban areas, has been given Rs 7,300 crores. The allocation was Rs 6,400 crores in 2018-19. The Smart Cities Mission, under which the government has selected 100 cities, has been granted Rs 6,450 crores, as against Rs 6,169 crores in the 2018-19 financial year. Allocation to another flagship programme of the government, Swachh Bharat Mission, has been increased to Rs 2,650 crores, from Rs 2,500 crores in the previous financial year.

Interim Budget 2019: Housing and Urban Affairs Ministry gets a 17 per cent hike, to Rs 48,000 crores

The Housing and Urban Affairs Ministry has received a 17 per cent hike in budgetary provisions in the interim budget 2019, which will include a 25 per cent increase in allocation for metro projects and a five per cent hike towards the PMAY scheme.

February 4, 2019: With an increase of nearly 25 per cent in allocation towards metro projects across the country, the Housing and Urban Affairs Ministry’s budgetary provisions have been pegged at Rs 48,000 crores in the union budget, a hike of 17 per cent over 2018-19. The Pradhan Mantri Awas Yojana (Urban), an ambitious programme of the Modi government, has been given Rs 6,853.26 crores, as against Rs 6,505 crores in union budget 2018-19.

“A total of 1.53 crore houses have been built under the Pradhan Mantri Awas Yojana,” finance minister Piyush Goyal said while, presenting interim budget for 2019-20 in the Parliament.

The ministry has been allocated Rs 17,713.93 crores, for executing metro projects across the country, which was Rs 14,264.60 crores in the previous budget. The Delhi Metro Rail Corporation (DMRC) has been given grants of Rs 414.70 crores, as against Rs 50 crores in 2018-19. The government has set aside Rs 19,152 crores for Mass Rapid Transit System (MRTS) as against the previous budget’s allocation of Rs 15,000 crores.

The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme, which is aimed at ensuring robust sewage networks, water supply and other infrastructures to improve the quality of life of people in urban areas, was given Rs 7,300 crores, which was Rs 6,000 crores in the current fiscal. The Smart Cities Mission, under which the government has selected 100 cities, has been given Rs 6,600 crores, as against Rs 6,169 crores in the last budget.

Allocation to another flagship programme of the government, Swachh Bharat Mission has been increased to Rs 2,750 crores from Rs 2,500 crores in the current financial year. The Deen Dayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) scheme has been given Rs 500 crores in the interim budget, as against Rs 310 crores in the 2018-19 union budget.

Vishesh Group a Builder in Panvel presents “Balaji Symphony” one of the best Luxury residential development in Panvel, Navi Mumbai, providing lavish and luxurious developed 1.5 BHK, 2 BHK and 3 BHK Flats in Panvel. The venture is well prepared with all contemporary facilities and 24X7 protection support to accomplish the needs of the citizens with modern amenities and security services. This township is spread across 10 acres of area with 11 Luxurious Residential Towers of 33 storeys & 2000+ flats of 1, 1.5, 2 & 3 BHK. At Vishesh Group, we view realty as an expression of the human desire to evolve onto newer levels of existence. Our focus lies on building unmatched quality using breakthrough ideas to create living experiences that not only comforts, but elevates as well. Balaji Symphony is a complex of multi-storey towers designed aesthetically and inspired by best-in-class world lifestyles, grounded firmly by Indian ingenuity and warmth. These residences offer the much desired custom made indulgences, superior lifestyle and the exclusively rare luxury- space with a lot of amenities for you and your family. Now Buy Property in Navi Mumbai.

Source: https://housing.com/news/budget-housing-and-urban-affairs-ministry-gets-a-17-per-cent-hike-to-rs-48000-crores/

Realty Market: Investors Betting On Top six Indian Cities

July 6, 2019 by balajisymphony  

Property in Panvel

Property investment has always been a favourable option not only for individual investors but also for institutional ones. In the past, institutional investors showed interest towards commercial spaces as against residential spaces primarily owing to stable returns and recurring rentals. Of late, commercial development has been able to attract equity investors due to long tenor rental generating capabilities. Further, REITs bring liquidity for their investment from commercial space. On the other hand, residential developments being self-liquidating in nature have a limited development timeline, and hence lag in equity investments. Residential developers are offered more structured debt options. With RERA coming into action and emphasis on rules and regulations, institutional developers such as Godrej, Mahindra and Shapoorji are entering the realty market to develop mid-to-large housing projects. Most of these developers are either backed by strong institutional foreign funds or strong balance sheets of the parent corporate.

Here is a list of few cities that have been attracting investors from all over the world:

Bengaluru:

Bengaluru, also known as India’s Silicon Valley, has outperformed other markets in the country being the hub in the IT sector. The demand for commercial property continues to grow steadily. Ready-to-move-in properties has witnessed the highest growth. Housing needs of people who prefer to stay close to their workplace have given a big boost to the residential projects around IT and commercial developments. Availability of large scale lands are perfect for the increased affordable housing sector. Robust road infrastructure, presence of excellent educational and medical facilities makes Bengaluru the preferred home-buyer market. For investors looking for stable returns, Bengaluru provides multiple options. Infra projects such as road widening projects, Peripheral Ring Road (PRR) and development of large townships will contribute to improve investor prospects in the peripheral areas. Whitefield, Outer Ring Road, Sarjapur Road as well as few locations in North Bengaluru are the micro-markets to watch out for.

Mumbai:

Mumbai being the financial capital of India attracts a lot of investors for residential and commercial spaces. Being a metropolitan and the most populous city in India, with an estimated population of 12.4 million, Mumbai has always enticed people from all over the country. The city always provides constant growth and development in employment opportunities. Mumbai, however is the most expensive property markets in India. It also gives lucrative returns to investors due to steady rentals, which the commercial property buyers fetch. With the upcoming metro and monorail projects, connectivity to the high-density corridors to distant parts of the city will result in an increase in real estate prices in corridors through which the Metro will run. Property in Panvel, Navi Mumbai is already witnessing increased demand due to the proposed airport. Due to lower cost of operations, many IT companies have been shifting to places like Vashi and Airoli in Navi Mumbai. Thane is also attracting demand in housing due to the excellent infrastructure it enjoys.

Pune:

Pune continues to attract investors owing to its proximity and connectivity to Mumbai. It is not only a major educational hub, but also home to IT companies, engineering, and automobile manufacturers. Employees and student migrating from different parts of the country have the made demand for housing in Pune a good option for investors to invest in the residential market. Infrastructure initiatives by the state and central government such as Metro and Smart City projects will give the much-needed boost to the real estate micro-markets in Pune. Few preferred micro-markets for investors have been Wakad, Balewadi, Baner, Hinjawadi, Bavdhan, Viman Nagar and Kharadi in Pune.

Hyderabad:

Hyderabad is witnessing a surge in housing demands through the government’s strengthening infrastructure around areas where major IT establishments are coming up. Hyderabad is emerging with major transformation in infrastructural developments like strategic road development plan, construction of four major flyovers and three corridor elevated metro line of the Mega Hyderabad Metro project. The city is becoming as the most active residential and commercial markets. The growth of the IT/ITeS sector has further resulted in the development of the organised retail sector in Hyderabad. Properties are better-priced and closer to work options are being preferred by the salaried/professional home buyers. Top micro-markets in Hyderabad include Hitech City, Gachibowli, Jubilee Hills, Banjara Hills, Panjagutta, Begumpet while the upcoming IT/ITES/residential markets are Rajendra Nagar, Kokapet, and Manikonda.

Chennai:

Chennai has a leading share in the country’s automobile exports and leads to massive employment generation due to presence of number auto manufacturers and industrial manufacturing units. Since 2000, IT companies have also influenced the Chennai market with South region of Chennai gaining the most from their influx. E-Commerce giants like Amazon, Flipkart, etc have also set up their warehousing base in Chennai. Attracting PE investments, the city is fast emerging as the hub for warehousing. Rapid infrastructure development has led to growth of residential belts along the Old Mahabalipuram Road (Siruseri, Shollinganallur, Thoraipakkam), Grand Southern Trunk Road, Perumbakkam, Porur, and Pallikaranai are among the most preferred micro markets.

Delhi-NCR:

The nation’s capital continues attracts a lot of job-seekers from across the states. Although, Delhi is still recovering from the overall slowdown, many micro-markets in Delhi NCR belt are witnessing price corrections. Faced with huge demand for affordable housing, supply for the same has been limited. There has always been a demand-supply mismatch in Delhi with supply in Delhi being low while Noida and Gurugram seem to perform comparatively better. Micro markets that offer mid-segment projects have been performing relatively better than the expensive ones such as Greater Kailash II, Panchsheel Park, and South Extension II. Dwarka (L Zone), Narela micro-markets offer affordable homes with connectivity to the main city.

Source – https://www.balajisymphony.com/blog/realty-market-investors-betting-on-top-six-indian-cities/

Dos and Don’ts For NRIs Investing In Indian Realty

July 4, 2019 by balajisymphony  

 

 

2 BHK Flats in Panvel
NRIs need to exercise necessary thoroughness to certain specific laws and regulations, while buying, selling, or renting out real estate property in India. The real estate market in India, has always seen substantial interest from the Indian investors.Developers are constantly striving to woo Non-Resident Indians (NRIs), as they can choose from a variety of options, in the residential and commercial segments.
The realty market in India is progressing and is at its peak with many new residential as well as commercial projects coming up. Builders in Navi Mumbai are offering good deals and benefits such as flexible payment plans, subvention schemes,loans at good rate of interest etc. Real estate sector of Navi Mumbai has seen boom owing to the recent infrastructural developments such as development of airport.
Buying and selling
As an NRI a person has an option that he can either come to the country to buy or sell a property, or instead give a Power of Attorney (POA) to a relative and get the transaction done, without even coming to India. NRIs can also avail of home loans in India. The documents for the loan may vary, according to the country in which the NRI is settled. Generally, the term of the loan will be 10 to 15 years, while the amount that the NRI is eligible for, will vary based on age, income, education, etc. To finance the property purchase, it is advisable to use a non-resident external (NRE) account, as this will help the NRI to take back the capital invested in the property, when they resell the property.
Investing for the future
For NRIs who are on the verge of retiring and planning to settle in India, this is the right time to invest in Property in Panvel. Social and civic infrastructure in most of the Indian cities, has improved a lot. As more hospitals, schools and shopping malls come up and connectivity improved by the construction of metros and airports, it will give rise to better standards of living. This will directly enrich the quality of life after retirement.
Once the primary residence is secured, NRIs can use the remaining funds to invest in a second apartment and use it to generate rental income or just invest it as a property. However, they must be aware of all the laws and regulations that apply to NRI investors, especially with respect to taxes, as rental income is taxable in India.
NRI should avoid investing their funds or money in projects of unknown developers. Numerous buyers have fallen into trap. Many projects lack even the compulsory clearances and falls short of even the minimum standards of quality. Unless an NRI plans to visit India and evaluate projects, she/he should opt only for reputed developers. In all cases, NRIs should strictly verify points, such as the track record and brand visibility of the developer, the social and civic infrastructure available in the location, the amenities in the project and the timelines for possession, in the case of under-construction projects.
A project that is targeted towards NRIs, is no different from other offerings in the market. A property should be evaluated, purely on the basis of its location and amenities on offer, the legal validity of its title and the developer’s brand image. Balaji Symphony, developed by renowned Builders in Panvel – Vishesh Group, represents the next generation of residential splendor. The project is a brainchild of Vishesh Group, acknowledged today as amongst the most visionary builders and developers in Navi Mumbai.

The changing face of real estate in Panvel: Own a house in these localities and unwind and relax every day

July 3, 2019 by balajisymphony  

Best-Property-for-sale-in-Panvel

For the people who want to live their lives in peace, wake up in the middle of exquisite landscapes and choose to live free from pollution, Property in Panvel is the perfect location for you. It is a mixture of both modern livings as well as the simple and slow living. The place offers houses at reasonable rates as compared to other places in Mumbai. So now let’s talk about how Panvel tops the list of most desirable places to do investment in the home.

Commercial hub in making

The famous SEZ in India is coming nowhere else but in Panvel. SEZ, Navi Mumbai situated near Mumbai has been developed and is positioned well with regards to trade, connectivity, resources, and commerce.

The proximity to Mumbai brings:

  • Trading centres for various products such as gems, diamonds, apparels, and jewellery.
  • The financial capital and the commercial centre will offer simple and unlimited access to Mumbai for the units situated in SEZ.
  • Large urban markets of Navi Mumbai, Mumbai, and Pune with a population of about 20-25 million which is in the area of SEZ.
  • Skilled professionals from reputed international and national institutions that include technical, engineering, management colleges, etc.
    Airport arrival

Since the talks about International Airport was going around, Panvel in no time turned into investment spot. People having Panvel Property will not have to leave from their homes hours before to catch a flight on time. Now, every citizen of Mumbai will get the benefit of their own airport. This makes this place earn a lot of scores when talking about growth and development.

Its close to nature but still in the city

Panvel consists of the atmosphere which cannot be found anywhere else in Mumbai. The research has shown that the atmosphere should never exceed from 100 but Mumbai has numbers of around 367 which makes the place harmful to breathe. On the other hand, Panvel has fresh and pure air as here the particulate matter is only 60. Isn’t this the best reason to get 3 BHK flats in Panvel?

The Nhava Sheva Sewri Link

The new 22km Trans Harbour Link in Mumbai has promised to cut travel time from Navi Mumbai to South Mumbai to only half an hour. Being built right simultaneously with the airport, it will connect Sewri situated in Island city to Nhava Sheva located in Navi Mumbai. This link will offer vital connectivity from southern and central Mumbai to the proposed airport of Navi Mumbai.

At the end…

What can be better than not facing traffic on a daily basis? Panvel is the well-planned location where roads are made in such a way where traffic will run smoothly even in the peak hours. Panvel has witnessed an amazing transformation and development over the decades and hence it’s the best decision to invest in Flats in Panvel.

Source:https://www.balajisymphony.com/blog/the-changing-face-of-real-estate-in-panvel-own-a-house-in-these-localities-and-unwind-and-relax-every-day/

Guide to Investing In Panvel Residential Projects

June 27, 2019 by balajisymphony  

Projects in Panvel

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 it studio apartments, spacious villas, row houses or even a 1,2 and 3 BHK flat in Panvel there has been a massive shift in the housing sector, majorly by virtue of people’s decisions to settle in their dream home. However, before you decide to scout through property brochures, it is imperative to understand the housing scenario of Panvel and how to find the right residential investment there.
Besides the infrasturctural development Panvel also some recreational activites or holiday places within a radius of 100km.

In recent years, top builders in Panvel have started paying attention to people’s changing needs for a contemporary lifestyle. The aim is to provide convenience and luxury at different price ranges. If you wish to invest in a property in Panvel, you should first do a proper research on which projects offer the best facilities and securities. The right location and neighbourhood make a lot of difference when you are looking out for apartments. The key is to look for a property that is close to your needs such as hospitals, restaurants, shopping avenues, educational institutes and convenient transportation.

There are several factors to determine if a particular property is right for your investment or not. Your first step should be choosing a reputed builder to safeguard the quality of the construction and the amenities that will be provided in the project. Residential projects in Panvel by reputable developers ensure they provide the necessary amenities within the premises. Here are a few things to consider before investing in any residential property in Panvel – advanced security systems with CCTV surveillance, adequate parking space, electricity backup, indoor and outdoor recreational facilities, gymnasium, swimming pools and play grounds for your children.

New projects in Panvel by developers such as Vishesh group bring about high-quality construction that offer spectacular views along with a great locational advantage and innumerable facilities that make life better.

Vishesh Group a Builder in Panvel presents “Balaji Symphony” one of the best Luxury residential development in Panvel, Navi Mumbai, providing lavish and luxurious developed 1.5 BHK, 2 BHK and 3 BHK Flats in Panvel. The venture is well prepared with all contemporary facilities and 24X7 protection support to accomplish the needs of the citizens with modern amenities and security services. This township is spread across 10 acres of area with 11 Luxurious Residential Towers of 33 storeys & 2000+ flats of 1, 1.5, 2 & 3 BHK. At Vishesh Group, we view realty as an expression of the human desire to evolve onto newer levels of existence. Our focus lies on building unmatched quality using breakthrough ideas to create living experiences that not only comforts, but elevates as well. Balaji Symphony is a complex of multi-storey towers designed aesthetically and inspired by best-in-class world lifestyles, grounded firmly by Indian ingenuity and warmth. These residences offer the much desired custom made indulgences, superior lifestyle and the exclusively rare luxury- space with a lot of amenities for you and your family. Now Buy Property in Navi Mumbai

Home Loans: Longer Tenure Ones Are The Best Bet

June 25, 2019 by balajisymphony  

 

Projects in Panvel

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 home loan every month, in the form of equated monthly instalments (EMIs). This, in turn, is assessed on the basis of your disposable income. So, for a shorter home loan tenure, all things being equal, your EMI will be higher and thus, you will be eligible for a smaller home loan amount as compared to what will be available, if you opt for a longer tenure home loan. Consequently, with a longer tenure and thus, higher eligibility, you may be able to buy a bigger or better house, than what you can with a shorter tenure home loan.

Longer tenure loans have greater flexibility of repayment – As there are no penalties on the prepayment of home loans under a floating rate of interest, you can prepay the entire outstanding or part of the home loan, if you want to sell the house or just be free from any debts.

If you have taken the home loan under a fixed rate of interest, from any housing finance company, you can still prepay the home loan without any penalty, as long as you are not borrowing from another institution.

Moreover, if your home loan is under a fixed rate of interest, you can still repay a certain percentage of your home loan outstanding every year, without any prepayment penalty. Thus, you can become debt-free earlier, while retaining the flexibility of making payments according to your cash flow.

Income tax benefits of longer tenure loans – Section 24b of the Income Tax Act, provides benefits on the interest payment on home loans. The effective home loan rate of interest, after taking into account the tax benefit, is better than what one can earn on any other alternative investment avenue. Moreover, as there are no alternative tax benefits that are as efficient as that on home loan interests, it is advisable to avail of this benefit for as long as you can.

Section 80C also allows for a deduction of up to Rs 1.50 lakhs, for repayment of the principal component of a home loan. Nowadays, the quantum of home loan that is needed to buy a decent property, is fairly large. The principal component, in the home loan repayment, will be higher for a shorter home loan tenure, as compared to a longer-duration home loan. Consequently, a significant portion of the home loan repayment will be wasted, as you would not be able to claim the deduction under Section 80C beyond the specified limit, in case you opt for a shorter home loan tenure.

Vishesh Group a Builder in Panvel presents “Balaji Symphony” one of the best Luxury residential development in Panvel, Navi Mumbai, providing lavish and luxurious developed 1.5 BHK, 2 BHK and 3 BHK Flats in Panvel. The venture is well prepared with all contemporary facilities and 24X7 protection support to accomplish the needs of the citizens with modern amenities and security services. This township is spread across 10 acres of area with 11 Luxurious Residential Towers of 33 storeys & 2000+ flats of 1, 1.5, 2 & 3 BHK. At Vishesh Group, we view realty as an expression of the human desire to evolve onto newer levels of existence. Our focus lies on building unmatched quality using breakthrough ideas to create living experiences that not only comforts, but elevates as well. Balaji Symphony is a complex of multi-storey towers designed aesthetically and inspired by best-in-class world lifestyles, grounded firmly by Indian ingenuity and warmth. These residences offer the much desired custom made indulgences, superior lifestyle and the exclusively rare luxury- space with a lot of amenities for you and your family. Now Buy Property in Navi Mumbai.

Source – https://housing.com/news/home-loans-longer-tenure-ones-best-bet/