Demonetization Effect on Real Estate Industries: Now Is the Best Time to Buy Your House

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The authorities had said that it would be ‘Ache Din’ for the real estate market segment as there would be an extensive fall in the home, land, apartment prices over the next few months. The cost could undertake a correction in the market and secondary, or resale market extremely soon. There would not be greatly price changes happening in the reasonable segment. The land prices are estimated to fall, which will push demand in the marketplace.

Talking to the real estate agent and real estate seller, we found out that they were unwilling to take cash these days after demonetize. Earlier, the hard cash was the main through which real estate purchasing and selling of properties were handled. The real estate market situation had changed after the PM Narendra Modi broadcasted the clamp down on the black wealth. Following the judgment of the government on demonetization of Rs 500 & Rs 1,000, the whole real estate industry was affected, as there was usually connection of black money and the hard cash.

Opportunity in the new property sector

New residential assets will see lower demand due to unhelpful market response & apparent uncertainty Builders will face a money crunch due to an unexpected drop in sales. But they will be willing to bargain on prices with serious buyers across the board & offer extensive value for the similar price. If you are salaried / self employed and looking to purchase your first house, next 6 months is a superb opportunity to save a huge amount.

Opportunity in resale property & land

  • Opportunity in resale assets & the land Resale segment will see a direct crash from demonetization since cash module plays a big role in these dealings.
  • While there is not going to be much of a crash on the main residential market, where houses are bought in the form of bank loans & mortgage; there is going to be a visible crash in dealings which deal in cash.
  • Generally, the residential market might witness drop in prices, correcting to a standard of 10 to 20 percent

Demonetization has sucked out most of the unaccounted money from the system. Rich buyers who could pay cash & purchase are out of the marketplace. Provisionally! This leaves just the end users with enough loan eligibility in the marketplace. Lower demand would mean strain on sellers to reduce cost Sellers with instant need of cash will go for a distress sale & be prepared to sell off at a lesser price. If you get hold of such a contract in the next 6 months, you will reap the loot in the extended term

In previous 4 years, property prices have raised at a lesser speed than inflation which means properties are previously being sold currently at 2012 cost (price adjusted for increase) Most builders have obtain lands at higher costs, input costs of building have gone up in the previous few years Through around the corner, builders will be necessary to comply & cost of fulfillment will squeeze limits further An open price drop will also crash builder’s trustworthiness with past & existing clients & most builders would not run that possibility in its place, builders will be willing to bargain on prices with serious buyers across the table & offer significant giveaway in form of modular kitchen, free car park etc.

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Why Andheri is The Next Best Suburb

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Andheri is a suv area of Mumbai, in the western of the town on the Salsette Isle. It has a inhabitants of 1,500,000 and is the biggest suv area of This city. It is a personal cum professional place of the town of Mumbai. A 60 gauge prevent of basalt called Gilbert Mountain can be found in the town, and is the site of a Durga forehead. Andheri in the european suv areas of city is a hub for real-estate residence because of its location and the Town. It is the best personal location as it has experienced remarkable growth in terms of facilities and connection.

The Andheri train place is amongst the most most popular and essential train place on the Western Line of the Mumbai Suburban Railway as it joins to CST, Churchgate, Virar and Navi Mumbai. The development of the metro from Versova-Andheri-Ghatkopar area is a part of the national master transport plan.

Andheri today has a inhabitants going above Several and as per record, is by far the most populated suv area of Mumbai. Maharashtra Real estate and Area Development Power (MHADA) have performed the obligation to create qualities in Andheri, which will provide to excellent as well as low income categories in city.

An benefit of purchasing a smooth in Andheri is that the household and air-ports are close by for those who frequently travel out of the country for company. Thus, purchasing a residence in Andheri is of significant benefits of them. The Western Show Road is well linked to this place, for those who love to go on visits outside City and are in the holiday feelings. Andheri has become an essential milestone since the Town has been started. The Town is from Versova-Andheri-Ghatkopar, so for those who have their work environments in the main or harbor side can easily access the Town and reach their location faster with excellent comfort and ease.

Another power why individuals should buy a smooth in Andheri is because it has the stylish place of Lokhandwala which has a huge number of high-end homes. It also homes some of the best dining places in Mumbai and is a well known location for shopping. Kokilaben Dhirubhai Ambani medical center, RN Cooper Hospital and Town medical center are also in the place.

Andheri is also known for being an Enjoyment hub with its huge and well-known shopping malls like; Super shopping mall & Infinity shopping mall. Juhu seaside is very near the place. It also has many popular dining places and eating joint parts. Andheri is a beneficial accommodations at as it is very near to Bandra-Kurla complicated (BKC) which is a main company region growing with workplaces and stores.

The writer of this article is a representative by career and prefers to discuss the Residential Properties in Mumbai in his free time. Here writer discuses on smooth and Real estate in Andheri East .

L&T Realty launches Seawoods Grand Central in Navi Mumbai

Navi Mumbai, one of the world’s largest planned cities is coming up with a new luxury destination, the Seawoods Grand Central. Destined to be the epicentre of the city, the newly announced project by one of the best architects of India, L&T Realty, is based on a sprawling 40-acre land. The project aims to be much like other Transit-Oriented Development around the world, offering all the convenience at your doorstep.
Seawoods Grand Central in Seawoods is a planned residential and commercial project by L&T Realty that is going to offer retail havens, F&B options, excellent work space, entertainment zone and signature hospitality services-all under one construction. Coming up at the most happening location of Navi Mumbai, the project enjoys close proximity to the proposed International Airport at just 10 minutes distance, 5 minutes from Belapur CBD, near to proposed Navi Mumbai Metro Corridor, close to JNPT and near to NH3, NH4 and NH17. This makes the project accessible from varied locations, thus making transit to and from it very convenient.

Seawoods Grand Central

Seawoods Grand Central Commercial Complex

Navi Mumbai is renowned for its pulsating business hubs and the project lies just at the heart of it. Its nearness to the railway station, easy access to 8-lane Sion-Panvel Express Highway, 10 minutes from the proposed Tans Harbour Link and just 90 minutes from Chakan and Hinjewadi-all these make the project a much-preferred rental and commercial destination. The project offers all the basic amenities of a modern society such as security/fire alarm, reserved parking, maintenance staff, security personnel, water storage and power backup.
The possession of the commercial and residential spaces commence from December 2018. The project has been meticulously designed to give the best of both worlds in terms of commercial Commercial Offices in Seawoods Grand Central and Rental Offices in Seawoods Grand Central. Space and luxury are two objectives this project vouches for. With lavishly planned and commercially viable retail outlets, the project aims to deliver an all-inclusive township within this TOD project. For further details regarding the retail and commercial spaces and more, visit the official website. Prices of the project spaces are only on request. So hurry and be a part of the upcoming holistic project in Navi Mumbai.

Oberoi Realty launches Oberoi Sky City in Borivali Eas

Owning a property in the city of Mumbai is a dream of many. While a decade back, individuals used to invest in residential properties in the suburbs of the city but thanks to the rising real estate prices, it has become almost impossible for home seekers to buy property anymore. To facilitate home buying for working individuals and bigger families, Oberoi Realty has launched its lavish residential project-Oberoi Sky City.

Oberoi Sky City

Oberoi Sky City by Oberoi Realty is a luxurious residential project in the posh suburb of Borivali, which has seen tremendous real estate growth in the recent past. While all the suburban areas are seeing price hike including Borivali, the project offers 3 and 4 bhk flats at comparatively affordable rates. Borivali is well connected with railroad systems such as the Borivali Railway station and the Western Express Highway. The area is a dwelling place for many families and individuals alike-thanks to many schools, hospitals and commercial spaces in the area. Oberoi Sky City is an exquisite project that offers affordable residential society. The project houses 10 towers with a total number of 60 floors. The project has 3000 units divided into 3 and 4 bhk lavish apartments.

Oberoi Sky City

Oberoi Sky City in Borivali East offers all the basic amenities such as Power Backup, Water Storage, Security/Fire alarm, Security personnel, Maintenance Staff and reserved parking to cater to its residents. The floors have been done in imported marble while fittings boast of concealed copper wiring and designer tile sin the toilets. The 3bhk apartments have an area of around 1000-1100 sq.ft. and come in a price band of INR 1.31-1.7 cr while the 4bhk apartments come with an area of 1279-2200sq.ft. with a price band of INR 2.43-3.25cr.

Oberoi Sky City

Interested individuals can visit the company website to see the unit details and floor plans. The project is under construction in full swing and will be ready for possession by December 2020. The project enjoys proximity to various civic amenities such as national Hospital at 2km, Lotus Park a 3.6km, Western Express Highway at 200meters, Borivali Railway Station at 2.5 km and Borivali Sukurwadii Bus Station at 2.2km.

Oberoi Realty is well known for its comfortable and efficiency designed residential and commercial spaces. The group has continuously delivered high standards of architecture, engineering and construction for decades.

Runwal Anthurium by Runwal Group Builders

An eastern suburb of Mumbai, Mulund is fast growing as a new residential hotspot for real estate developers. A number of projects have been launched in the area owing to its nearness to the Eastern Express Highway. Investors and builders are keeping a close watch on the area that is nestled along the foothills of Sanjay Gandhi National Park. The area also has a railway station on the Central Railway Line. This easy railroad connectivity has led many luxurious projects to open their gates for homebuyers and investors. Among the new residential projects, Runwal Anthurium by renowned real estate developers Runwal Group Builders is a luxurious project that is garnering interest.

Runwal Anthurium

Runwal Anthurium

New residential projects Runwal Anthurium in Mulund West is a residential project where luxury has been redefined. The prejct, which is under construction, promises to deliver added privileges of life such as privacy amidst the busy lifestyle of Mumbai enhanced by Nature. A total of 4 towers with 480 residential units spread across 30 floors is what the new project boasts. With maximum space utilization and an exclusive entrance, the luxury project offers 2, 3 and 4bhk apartments that are fully air-conditioned and open on all three sides, offering excellent ventilation. The project is strategically located on the L.B.S Marg, Mulund West, flanked by R Mall-a wold-class multiplex cum mall that attracts hundreds.

Runwal Group Builders

Runwal Group Builders

The project is at stone throw distance of 10minutes from the Mulund Railway Station, 5 minutes from the Mulund Check Naka, 15minutes from the Eastern Express Highway and 45minutes drive from the International Airport. With a number of schools and hospitals within 3kms radius, the area is well connected with all the day-to-day amenities of life. The 2bhk apartments range between 1010-1390 sq.ft. of area with a price band of INR 1.72-2.33 cr and the possession starts from December 2017. The 3bhk apartments have an area of 1495 sq.ft and run between INR 2.10cr-2.41cr price bands. The possession starts from December 2016. A detailed floor plan and location map of each can be accessed at the company’s website.

Runwal Anthurium

Anwal Anthurium by Runwal Group

The company has given special attention to the fittings and interiors for the apartments by offering imported marble as flooring for all the rooms and concealed copper wiring as fittings. Being one of the leading players in the real estate field, the Runwal Group has ensured that the project delivers great quality work and customer satisfaction, thus continuing to enjoy long standing association with the consumers.

Omkar Realtors launch Omkar Ananta Project

Goregaon East in Mumbai is one of the fast flourishing residential suburbs that promise posh locality, easy railroad connectivity and good social infrastructure. The latest developments in terms of real estate have made the area a charming place to reside in. Closely connected to the Western Express Highway and the Linking Road, the area has turned into a luxury address for many. Adding to this luxury factor is yet another residential real estate project by the renowned Omkar Realtors-the Omkar Ananta.

Omkar Ananta

Omkar Ananta

Omkar Realtors and Developers Pvt. Ltd. have just launched their new luxurious residential project in the posh location of Goregaon East by the name of Omkar Ananta. The project is a well-planned and developed residential address that offers 1, 2 and 4 bhk spacious apartments divided into two towers. Spread over 4cre space of lush green land, the project offers smartly designed units of residential units that promise luxury living at its best.

Omkar Ananta

Omkar Ananta Interior Design

New Residential Projects Omkar Ananta in Goregaon East by Omkar Realtors offers 31 floors with 200 units and 2 towers that is divided between 1000-2300 sq.ft. area per unit. The esteemed project offers all the basic amenities such as Power back up, Security/Fire alarm, Maintenance staff, Security Personnel and Reserved parking. The builders have fine-tuned the property with their minute interior detailing such as laying of imported marble in all the rooms such as balcony, kitchen, bedrooms, living/dining rooms and toilets. The fitting used are excellent concealed copper wiring along with bathrooms done in well-designed tiles. The 2bhk units spread from 1031-1242 sq.ft while the 4bhk units take 2308 sq.ft of space.

Omkar Ananta

Omkar Ananta by Omkar Realtors

The area boasts easy connectivity with the main social units such as bus stops, schools, worship centres, pharmacies and entertainment units. Situated in the midst of the new luxury address for residential home seekers, Omkar Ananta depicts the face of healthy living lifestyle project. The group Omkar Realtors have been in business for the last 13years, delivering almost 200million square feet spaces of well-planned residential and commercial projects. They have been providing luxurious and quality real estate projects over the last decade. A new project coming from such experience developers is, no doubt, going to be worth every penny for homebuyers and investors alike.

Mahindra Vivante Project by Mahindra Lifespaces

Renowned builders Mahindra Lifespaces have launched their prestigious residential project in Andheri East-Mahindra Vivante. The luxury residential project that is coming up on the Andheri –Dahisar stretch is a brand new creation by the builder that offers 1, 2 and 3bhk accommodations along with excellent amenities.

The project boasts of world-class architectonics done with the use of latest technologies, thus offering the best of infrastructure and luxury cocooned in a comfortable address. Mahindra Vivante residential project by Mahindar Lifespaces is widely spread across 3acres of land having vast stretches of greenery until your eyes can reach. The project enjoys close proximity to the Eastern Express Highway that s just 38mins from the prestigious project, while the Western Express Highway is at a mere 5mins distance. The carefully planned project is at the heart of the city with Ghatkopar Link Road running at 25mins, Powai at 26 mins and the International and Domestic Airport at just 12mins.

Mahindra Vivante

Mahindra Vivante Project by Mahindra Lifespaces in Andheri East

Mahindra Lifespaces, a leading property development firm of India is offering its newly launched project with many ultra-Avant grade era features that renders a sense of exclusivity to the dwellers. The project is an aim by the builders to provide the homebuyers a feel of auspicious and comfortable residential surroundings, away from the daily rush of life by offering international level facilities. Amenities such as Security/Fire Alarm, Fitness Centre, Swimming Pool, Reserved Parking, and Maintenance staff, Security Personnel, Water Storage and Power back up complete the blissful living promised by the project.

Mahindra Vivante

Mahindra Vivante in Andheri East by Mahindra Lifespaces

The newly launched residential project Mahindra Vivante offers configuration of 1bhk ranging from 444-633 sq.ft, 2bhk at 745 sq.ft and 3bhk at 1236 sq.ft. Interested home buyers and investors can contact the firm office for price details. Mahindra Lifespaces has evolved in the last few decades as one of the efficient leading builders of India. WITH quality projects under their belt, the company is renowned for its Green Designs to restore Nature’s sheen.

The firm has its remarkable presence in commercial and residential sectors with constructions such as Mahindra Park, Great Eastern Link and Mahindra Garden, to name but a few. With such valuable legacy behind them, the firm is a sure provider of what they promise-luxury combined with latest technology and innovative themes in cost effective structures.

Sheth Avante in Kanjurmarg by Sheth Developers

Sheth Developers launch luxury residential project Sheth Avante in Kanjurmarg

Kanjurmarg, a Mumbai suburb located along the Central Railway Line, is one of the fast growing residential hubs of the city. Owing to its nearness to posh commercial areas such as Powai and peaceful residential spaces such as Vikhroli, the area is coming up as a real estate hotspot with many new and upcoming residential projects. Sheth Avante is one such prestigious luxury project that has utilized the residential growth phase of the area by offering a affordable housing project for working professionals and families alike.

Sheth Avante

Sheth Avante Front View

Sheth Avante by Sheth Developers is a 3 tower residential project that has 30 storey each tower of spacious residential apartments. The three high-rise towers offer 1, 1.5, and 2bhk lavish apartments spread over 1.9 acres of land. Located on the fast growing commercial as well as residential hub of Mumbai, Kanjurmarg, the project has main access points to Hiranandani Gardens, KV Powai, IIT Powai, and NITIE of Mumbai. The area is well-connected with Jogeshwari Vikhroli Link Road to Western Express Highway and Eastern Express Highway. Owing to this proximity to the Eastern Express Highway, the project makes commutation to Nasik and Pune accessible. A total of 900units are on offer with 1bhk apartments having an area of 427-685 sq.ft and a price band of INR 77.1-82.2 lacs while the 2bhk lavish apartments have an area of around 710-1135 sq.ft with a price band of around 1.39-1.75 cr.

Sheth Avante

Sheth Avante Kanjurmarg

New residential projects Sheth Avante in Kanjurmarg West come with imported marble used as flooring in all the rooms as well as concealed copper wiring used as fitting. The project offers all the basic amenities such as Power Backup, Security Personnel, Security/Fire Alarm, Water Storage, Maintenance Staff and Reserved Parking. The project is near to Nahur Station by 4-5 minutes, by Fortis Hospital by 8-10mins, St.Pius High School is just 5 minutes away while Nirmal Lifestyle Mall is a run of 2minutes. Interested homebuyers and investors can find the detailed floor plan and master plan on the company’s website. The project enjoys approvals from all major banks and thus getting home loan would not be an issue.

Ekta Tripolis by Ekta Group

Ekta Group launches Ekta Tripolis in Goregaon West

Goregaon is the face of growing suburban residential scene in Mumbai. With major MNCs and IT companies, shopping malls and reputed schools forming an amiable environment in the region, Goregaon is one of the most preferred suburban residential locations of Mumbai. The area has fast become a wealthy suburb, attracting real estate developers and home seekers alike. Many reputed builders have launched residential projects in the area. Ekta Group too has taken advantage of the growing demand for residential spaces and launched its prestigious project-Ekta Tripolis.

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Ekta Tripolis

 

New residential projects Ekta Tripolis in Goregaon West is the face of modern lifestyle cocooned in comfortable environment. The project offers lavish 2, 3 and 4bhk apartments at affordable prices. Situated in the midst of commercial and residential hub, the project enjoys easy distance from all the basic amenities such as hospitals, banks, schools, malls and movie theatres. The project itself is fully equipped with all the modern amenities such as Power Backup, Security/Fie alarm, Water Storage, Maintenance Staff, Security personnel and reserved parking that creates a balance between the busy and luxurious life.

Ekta Tripolis

1,2,3 BHK at Ekta Tripolis

Ekta Tripolis by Ekta Group has started the construction of 3 towers that house a total of 600 units spread across 36 floors. Some of the project highlights are-Goregaon Bus depot at 0.6km, St. Johns High School at 0.3 km, Inorbit Mall at 2km, 1.3 km from Saragoi Hospital and 7.2km from International Airport.

Ekta Tripolis

3 Towers by Ekta Group

The interiors of the project have been done in imported marble flooring and concealed copper wiring as fittings. The 2bhk apartments have an area of about 1188sq.ft with a price band of INR 1.80-2.10cr while the 3bhk apartments have a lavish space of 1395-1656sq.ft. within a price range f INR 1.96-2.80cr. Interested home buyers and investors can view all the property details and the location map at the company’s website.

Ekta Tripolis by Ekta Goup

Interior Design by Ekta Tripolis

 

Ekta Group is reputed for its unique and modern homes-thanks to their expert teams. The group believes in building eco-friendly properties that cater to the modern lifestyle yet provide the comfort of a home.

Vasant Oasis in Marol by Sheth Creators

Oasis of luxury and serenity with Vasant Oasis by Sheth Creators

Amidst the busy and hectic lifestyle, one certainly needs some personal time to unwind, recreate and feel the nature’s bounty. Vasant Oasis offers just that. A pristine and luxurious project by Sheth Creators, a renowned construction company with over 26years of successful heritage, Vasant Oasis offers all this and more. Spread over a sprawling 5 acres of recreation land, the luxury projects aims at giving a convenient and spacious residential place for individuals who yearn to unwind in the lap of Mother Nature.

Vasant Oasis

Vasant Oasis

Vasant Oasis in Marol is a luxurious residential project that offers privacy, which is priceless for those who run the daily hectic lifestyle of the city. The project does not compromise on luxury or space and thus provides some vital recreation features such as Forest Gym, Family Pool Deck, and Function Lawn, water Sound Pavilion, Terrace and Sit-Out area, Sunrise Pavilion, Moonlight Deck, Open Soft Game Court and Green Court with Open Plaza, Water Steam and Seamless River Pool. With such excellent amenities, Vasant Oasis promises to be your small private heaven in this space-constrained city.

Vasant Oasis In Marol

Vasant Oasis Project Presentation

Real Estate Property in Mumbai is a dream of many but only few can realize it due to space constraint and shortage of spacious and luxurious projects. Vasant Oasis in Marol tries to fit perfectly in that space with its amazing project highlights. With all the amenities present inside the residential project, the property is one of the new projects by Sheth Creators in Marol that offers nearness to almost all the basic needs of daily life. The Sakinaka Metro Station comes within 3km of the project while the ever-busy Andheri-Kurla Road comes within 1km of it. With Marol Naka Metro Station within 1.2 km and the International Airport within 3.5 km range, conveyance has never been so easy. For those commuting daily for work and study, nearness to the Eastern Express Highway by 10km is an added advantage of the project.

Vasant Oasis

Vasant Oasis in Marol

Other basic yet vital project amenities include Security/Fire Alarm, Reserved Parking, Security Personnel and Maintenance Staff that will make your living in the residential complex a dream. Vasant Oasis is one of the new projects by Sheth Creators in Marol that offers 1/2/3/4bhk residential spaces that stretch from 415sq.ftto 2820sq.ft depending upon the configuration chosen. The starting price range of this real estate property in Mumbai starts from INR 1.06 cr 4.52 cr. The possession starts from December 2018 and spreads from Andheri to Dahisar. So, if you have been looking for a piece of heaven of your own, take action now and book your space today.