We are rera registered !

 

We are happy to inform you that we are now RERA registered. Registration no. is A51700000703

You can go to

https://maharera.mahaonline.gov.in/

click on Registration / Registered Real Estate Agents / User type “Agent’ / Division “Konkan”/ Fill in the registration no. and click ‘view’ under ‘view details” to look up our profile.

 

This year, buy your dream home in Navi Mumbai

dreamhome

It is said that 2017 is the best period to invest in a new home in Navi Mumbai. Leading banks like SBI, ICICI and HDFC have lowered their interest rates on home loans. It’s not just the monetary benefit associated with property investment, even some changes in real estate regulations would work in favour of home buyers.

The recent budget 2017-18 announced the rule of infrastructure status to affordable housing, which has resulted in higher demand and pushing the sales of apartments in Navi Mumbai. Even developers felt the pinch of the new rule and constructing properties where affordable housing has a high demand.

RERA (Real Estate Regulatory Act) which came into force on 1 May 2017 will restore the confidence of consumers in the market. In fact, this new regulation will also aid to bring transparency in the construction of properties. Whatever information given by the developers regarding the amenities and facilities of the township, RERA makes it mandatory for developers to offer the same as promised. RERA commits to assure customers of timely delivery and unparalleled quality.

In addition, the upcoming taxation system called GST (Goods and Services Tax) will come into effect in July 2017. The new tax regime will replace service tax and value add tax. These regulations will have a positive impact on the real estate as a whole. In fact, by taking into account all these changes, home buyers will be encouraged to invest in a new home in Navi Mumbai. And, undoubtedly 2017 is considered as the best time to make your investments count.

If you’re still wondering whether you should invest in a new home? Then choose Navi Mumbai for your dream home. Here’s some fact to clear your confusion. In 2014 and 2015, around 16,000 units have been sold in the Mumbai Metropolitan Region (MMR). Put your worries to rest by choosing profitable locations like Kharghar, Dronagiri, Panvel, Taloja, Ulwe, among others.

It is recommended to give less preference for under-construction properties considering the delays and tumultuous nature of the real estate in India. When you’re looking for home in Navi Mumbai, opt or ready-to-move apartment which has a tax benefit on home loans, zero delivery risk and promises a good return on investment.

Navi Mumbai will continue to be a trending location due to significant infrastructure developments like the airport, metro railway and ease of transport, which makes it an attractive location among home buyers.

So, buy a new home in Navi Mumbai. If you’re looking for any kind of assistance for your ideal dream home, get in touch with us. Visit our website to get exclusive deals on properties in Navi Mumbai.

Why do you need homeowners insurance to buy a home in Navi Mumbai?

 

Your home is place where you cherish every moment whether it is togetherness, hopes, dreams & more. That’s why to make sure it remains precious, you need to guard it against unpredictable problems. Homeowners insurance is a type of insurance which aims to protect your home and household possessions against any damage which may be caused due to natural disasters or man-made problems like fire, theft or vandalism.

You never know when accidents may occur, but in case if your home catches fire wouldn’t you look for some solution which helps you to cover the losses? Hence, whether you’re a tenant or a home owner, a home insurance is a necessity. When you buy a home in Navi Mumbai, it is significant you invest in either basic fire insurance or a comprehensive policy.

ho-ins

When you’re buying a home insurance, here are three things to keep in mind:

  • Typically, a home involves various hidden costs including stamp duty, brokerage fee, vat, maintenance & more. However, home insurer companies do not take into account these costs, it covers only the building cost. If you’re living in a co-operative housing society, then it is recommended to get the entire building insured or if have a row house on your own land, then it is necessary for the home owner to get it insured.
  • During the process of buying a home insurance, you need to make sure that you’re very well-informed about the claim process because an insurer would thoroughly examine damaged possessions of your home. Insurers will most likely refuse to grant a claim if you have not maintained your property in proper condition or it is an unauthorized construction.
  • A home insurance can be availed in two ways: depreciated cost basis and reinstatement basis. Reinstatement is the value of reconstruction, which does not include the depreciation cost and the claim is approved only when a home is reconstructed. In case of depreciated cost, an insurer will depreciate market value by 2% p.a.

How to select an home insurance for buying a home in Navi Mumbai:

Company evaluation:
Once you have decided to proceed ahead with home insurance, make sure you do a complete evaluation of the insurance companies. Is the company offering a policy which fits your bill? Select a company with friendly staff who can assist you anytime when a crisis strikes.

Evaluate premium and coverage:
It is recommended that you do not finalize on premium amounts blindly. Evaluate the risks your home might face. Choose a policy which includes premium that fits your budget easily.

Claim process:
Often, insurance companies are perceived as notorious with regards to claim settlement. Some companies show a good turnaround time for claiming process. Check for settlement record of the insurance companies before selecting one.

Why you should think about investing in a second home?

1Investing in a second home is everyone’s dream, but very few manage to buy one. Though, the sentiment of owning a second home has persisted for ages, however, it is slowly becoming a trend  among elite investors and middle class. Several potential home buyers are putting money into vacation homes to finance long term needs and converting it into primary homes for the golden years.

The demand for buying second homes in India is growing among NRIs, making it a profitable market segment among developers. In 2015 alone, more than 2 million vacation properties were purchased as indicated in a research report conducted by the National Association of Realtors.

Alternate income earnings:

Once you buy a second home in Navi Mumbai or Mumbai, you are bound to get advantage of gaining extra income in the form of home stays or short term rents. The first thing you need to make sure is the location you have chosen is a relaxing place – lush green surrounding featuring world-class amenities– which calms down the stress of the visitors. Additionally, you need to place emphasis on how the location rental price will help you earn more.

For your retirement years:

If you do not wish to give the home for rental purpose, then it is a perfect abode for you to spend your retirement years peacefully in your second home. The rent received from the home will secure your future financially in the later years. Many people buy a second home for the sole of making it into primary homes after retirement.

Tax efficiency:

The rent received from the second home can be used for paying interest of the home loan you have taken for the flat you’re staying in.

If you are living in a home for which you have taken a home loan, a tax deduction up to
Rs. 1,50,000 is applicable under the section 80C of income tax act. In case you have invested in a second property, which is under construction then get a deduction on 20% of total interest paid. The concession on interest rate is applicable for a period of five years.

While investing in a second home in Navi Mumbai or Mumbai, make sure you have enough capital in place for managing expenses as well. Think well before making an investment decision.

5 Simple and effective home security tips for new home owners

Moved into a new home? When you buy a new house, you being busy in decorating your new home, similarly, it is significant to equip it with necessary security equipments. You would be surprised to know that 33% of burglars enter through front doors and nearly 73% of these incidents occur in residential properties. Although, the security at residential properties is completely ensured by security guards, then too it is vital that you take preventive measures. Whether you’re a new home owner or already own a home, here are some security tips you should keep in mind.
Home Security
Proper locking system:

When you have moved to a new home, ensure that you have installed a good locking system for doors and windows. Unless you are using a deadbolt for the door, burglars have an easy chance to open your in seconds using cheap tools. This is because when you’re using a deadbolt, you cannot move it in an open position without the use of a key, which in turn helps to move lock cylinder.

Safety doors:

To meet high security requirements, you need to install a safety door that is solid and kick-proof. Wooden doors are the best, while you can also opt for other materials like metal or steel doors. It offers an added protections, plus you can also use a variety of colors to enhance its appeal.

Install a peephole:

In a peephole in the front door is the best option, if your home doesn’t have a window that allows you to see who is knocking on the other side. A peephole should be drilled at an adult’s viewing height, so that even the shortest member of your family will be able to see.

Stop hiding Keys:

Many of home owners have the habit of hiding keys in the mailbox or under doormats. Did you know thousands of families have reported of burglary in their home and the reason for this is hiding of house keys under the mat. You may think that hiding spare key is a good idea, but in this like openly inviting thieves to enter your house.

Be friendly with neighbors:

If there are any signs of suspicious activity, your neighbors can inform you about it. Get to know your neighbors so that you are rest assured that any theft is prevented. In the next moment, you can return the favor.