The Next Happening Place in Mumbai – Veena Smart Homes By Veena Developers – Kandivali West The project offers 1 BHK & 2 BHK apartments, which gives the flexibility to select a home according to your lifestyle and family size. These apartments are designed keeping in mind the needs of modern home buyers so that they can experience a comfortable lifestyle. Located in one of the fastest-growing neighborhoods in North Mumbai, Codename Smart Homes offers smartly planned homes with comfort lifestyle, abundant leisure, and unmatched connectivity. The project offers 1BHK & 2BHK apartments, wh ..read more

The Next Happening Place in Mumbai – Park Aspiria By Chandak Group – Goregaon West   Get a head start when it comes to luxurious living. Feel at home from the moment you step in your internationally-designed project, thoughtfully planned 1 and 2 BHK residences intended to give your family ample room to unwind. Indulge in a lifestyle with excellent amenities embedded in your private world.   From lazy family afternoons to roaring weekend parties, this is your chance to experience the good life in the lap of luxury. Experience the peace and comfort as you sit back in your private haven ..read more

Just because real estate prices seem to have hit a temporary ceiling in many countries around the world, that does not mean that profits from property investments are hard to come by.   Even during a real estate market slowdown, stagnation or depression profits can be made locally and overseas. This article shows you the top ten tips that real estate investors apply to their property portfolio building strategy to ensure success from their investments.   10 Tips for Successful Real Estate Property Investment   1) Research the curve – the concept of a property market cycle existi ..read more

December property sales in Greater Mumbai have broken a 5 year record for the month, Boost for Real Estate Sector.   At a time when the real estate industry is seen as industry is seen as struggling to recover from the lockdown, December property sales in Greater Mumbai have broken a five-year record for the month.   A pronounced revival in sales through the December quarter, particularly in Maharashtra’s two biggest cities, has helped cushion the impact of the lockdowns on India’s residential property market that appears to have bottomed out in the current cycle after having peaked ..read more

In a recent judgement, the Bombay HC has held that the authorities cannot collect stamp duty, for inadequately stamped past documents of any property, at the time of its subsequent sale. BMRI examines the impact of this decision.   Stamp Duty Reduction   With an aim to improve home sales amid the Coronavirus pandemic, the Maharashtra government, on August 26, 2020, decided to reduce the existing 5% stamp duty on property registrations to 2% till December 31, 2020. After this period, buyers will pay 3% as the stamp duty on property registrations, between January 1 and March 31, 2021 ..read more

New offerings at an affordable price and the new affordable housing destination – Palghar   Palghar, in Thane, at a distance of about 90 km from Mumbai is fast developing as an affordable residential location. With prices in other affordable locations such as Virar, Dombivali, Vasai etc. increasing slowly, demand for budget housing is shifting to nearby localities such as Palghar. It is the next major junction after Virar on the Western railway.   The price range for residential properties in Palghar varies between Rs. 2,000-3,500 per sq. ft. as compared to Rs. 4,000-5,500 per sq. ft ..read more

Real estate is undoubtedly one of the most recommended and safest investments that anyone can consider. Owing to the constantly growing demand for good housing in cities, you can be assured of a good return on investments from real estate. However, if you are new to real estate investments, it is highly imperative to know the most common investment mistakes that people make while planning to buy a property. Being informed about these mistakes will help you to make the right choices and avoid situations that can cause financial loss.   So let us discuss the 5 common real estate investing m ..read more

When it comes to buying a house, should a property seeker choose a ready to move house or an under-construction one ?   While buying a property is no easy task, another decision that compounds the dilemma for home buyers, is whether to choose a ready-to-move-in house or an under-construction one. While there are advantages and disadvantages to both options, the choice will depend on various aspects like, what the buyer is looking for, his needs/requirements an whether one is buying for investment or end-use.   Points to consider, while choosing a ready-to-move-in property   Choo ..read more

Sharp rise in home sales in Mumbai Metropolitan Region in October owing to stamp duty reduction, festive season   At 7,929 units registered in October 2020, the residential sector of Mumbai recorded the highest-ever registrations in October over the last 8 years. Registrations jumped by a whopping 42% month-on-month (MoM) and 36% year-on-year (YoY), boosted by a stamp duty cut and the festive mood of Navratri and Dussehra. This growth comes after a significant jump of 112% MoM and 39% YoY during September 2020, according to a report.   During the same period last year i.e. in October ..read more

While buying a house, terms such as carpet area, built-up area and super built-up area mostly cause some confusion ?   While buying a house, terms such as carpet area, built-up area and super built-up area mostly evade our realm of understanding, or at least cause some confusion. In every residential complex, there are these three ways of calculating the area, or the square footage. They may not all sound very different, but there is in fact a big difference between carpet area and built-up area!   Not knowing what each actually means is what could give Developers a chance to take yo ..read more