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Developing Iconic and Exclusive Communities for Holistic Living

2022-09-10
Home Buying Guide

A Guide To Buying Your First Home In Today’s Market

In this time and age, there is no one who would not demand a luxurious lifestyle in the premium properties of Mumbai. Urban life is all about acquiring new levels of comfort, modernity, and advancement in the ways of living. This comes with leading a prestigious life with high status and success. The trends and patterns of the upcoming society in Mumbai speak about the definition of modern life in the financial capital of the nation.

To explain these trends and definitions, the aspects that get you the ownership title of the premium properties in Mumbai are explained in detail below:

Luxury and lavish living:

The residential projects in Dahisar are considered one of the most premium homes in Mumbai because of their uniqueness in design and a plethora of innovative amenities that scale up the comfort and speed of living for people. Inevitably, knowledge has now become easy to access for consumers making them highly aware of what is best for them. This has made the builders in Dahisar work on such projects that cover everything that comes under the modern luxury of the residents.

Premium location:

New projects in Dahisar are developed in the most happening locations which have seamless connectivity and all the availabilities in the proximity. The luxury lifestyle not only involves having advanced amenities but also having the facilities that make the residents put less effort into the commute, or not have to search for alternative solutions to their daily needs. The luxury of being able to reach your workplaces or any entertainment hubs or other such locations is what makes a life flawless.

All the lavish amenities:

Luxury properties can be separated from regular properties by their architecture, their interior design, and the combination of amenities that the developer provides. There are over-the-top amenities that cover the security aspects, entertainment aspects, relaxation aspects, peace aspects, and other such factors that matter the most to lead a luxurious life. Examples of lavish amenities are clubhouses, spas, jogging tracks, landscape views, and much more.

Never-ending luxury Views:

The true nature of a luxury property is the environment where it is developed. Most people who can afford a premium home in Mumbai, buy it for the rest of their lives. The factor that seals the deal for such people has a lot to do with the views they like to have from their homes. Dahisar is a location that provides sprawling views of the cityscape and the greenery around it for luxury life to be complete.

In conclusion, many things are involved in calling a property "luxury" and some of them are mentioned above. Amongst these things, there also are other factors that can help you get the ownership title of premium property in Mumbai. Read further and find out how can one achieve the luxurious life one wants.



Home Buying Guide

Mistakes To Avoid With Home Loan

Anyone who wants to buy a property in Dahisar East knows that the financial capital commands the highest property prices in the country. Most home buyers who want to own a home in Mumbai take a home loan to fulfill their dream. The process of getting a home loan is not an easy one and requires one to be aware of many factors. By following the guidelines discussed below one can make the process smooth and unambiguous. Let us refer to the home loan guide and understand all these one by one. Checking Credit Score The CIBIL score is a credit score that provides information about the buyers ability to repay loans to the lender. It is an important measure used by most loan providers to sanction loans. A borrower must always check their credibility via the CIBIL score before applying for a home loan. This will prevent any hindrances in loan approvals. Doing the research There is a plethora of financial institutions that offer home loans in the market. The fierce competition between them gives the borrower many options to choose from. The borrower must compare the loan offerings before choosing a particular lender. The reputation, schemes, and expert reviews of these lenders can be checked online and through word of mouth on their social networks. The products, tenures, and interest rates need to be studied so that the right product can be chosen. Documentation and Procedure A home loan is a contract between two parties. It involves many legal implications for both parties, especially for the borrower. The borrower agrees to the terms and conditions set by the lender when he signs the documents. Reading and understanding the fine print is a crucial part. Signing the documents unknowingly can result in serious repercussions. The lender may impose unknown terms, conditions, or hidden charges that the borrower is not aware of. All the fine print must be clarified with the lender to avoid future complications. Personal Financial Planning Home loan repayments are made in EMIs (Equated Monthly Instalments). It is important to make calculations and allocate funds for the EMI payout, expenses, and emergency fund from the monthly income. One must choose the right home loan plan that fits the budget. Missing the due dates and late payments lead to large penalty charges. It is always better to choose a home that allows easy repayments. Down Payment Every home loan requires a sizeable portion to be paid as a downpayment. This ensures that the borrower can make future payments on time. It also acts as a security for the home loan and ensures a level of trust with the lender. This sum is usually large, and the borrower should have this amount ready before beginning the process of availing of the loan. Consulting a home loan guide or legal experts before making the decision to buy a home is always prudent. It is better to be safe than sorry. ...
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Home Buying Guide

5 Attributes To Factor In Before Investing In A Home In Mumbai

The Mumbai real estate market has shown robust growth in the past year and continues to be the biggest in the country. The high reality prices, increase in stamp duty and registration costs, and high rates on housing loans have not deterred the interest of home buyers and investors. A crucial factor for this demand is the rapid city-wide infrastructure development and construction to offer seamless connectivity to every corner of the MMR (Mumbai Metropolitan Region). The big real estate tycoons in Mumbai offer various types of properties, from luxury homes to more affordable ones. The prices of properties can vary depending on their location. South Mumbai has the most expensive properties, and prices decrease as you move north into the suburbs. The five factors to consider before investing in Mumbai are discussed below. Budget Planning Before you start looking for a home, figure out your budget. This will help you narrow down your options based on location, size, and amenities. Consider additional costs like registration and documentation fees. If youre thinking of getting a loan, make sure you and your spouse are eligible for loans with lucrative interest rates and other perks. Proper planning of the finances with details of income vs expenditure on paper will streamline the buying process and make sure you dont face problems with repayment. Market Research Home buyers can make informed decisions as all the information is now available online. Online portals provide all the relevant information like pricing, MahaRERA number, date of completion developer profile, flat configurations, project amenities, and floor plans. These details can be used to select properties that fall within the required budget and criterion. Doing market research is essential to know the options and information that are required to make the decision. Location Matters The location of your home affects your daily life, including your commute, access to facilities like schools and hospitals, and overall convenience. Although Mumbai is the safest city in India, the locality of the project you choose matters. To experience safety and well-being, the choice of location makes a significant difference. If you want to buy a home at projects in Dahisar East you can be assured of your safety and convenience. Price and Negotiation Pricing is a major factor in the buying process and the procedure can be a complicated one. It is imperative to understand the pricing thoroughly and get the tiniest of doubts cleared to avoid any surprises later. Make sure that there are no hidden charges that will crop up at a later stage and disrupt your calculations. Many developers offer lucrative schemes during festive seasons, launch phases, and promotions. Male most of these opportunities to save as much as possible on the final amount. Try your best to negotiate the price as most developers are ready to cut a few corners. Physical and Legal Inspection Before making any payments, thoroughly inspect the property. Check for construction quality, and any issues with the structure or interiors, and make sure everything meets your expectations. Also, carefully review legal documents like title deeds, certificates, and approvals to avoid future problems. Other documents like allotment letters, cost sheets, sale agreements, possession letters, and society membership should be studied thoroughly so none of the minute details are missed. Evaluate the available amenities within the project. Both budget and luxury flats in areas like Dahisar offer various facilities such as parking, gardens, recreational zones, and clubhouses. Make sure the project delivers on the promised amenities, considering the needs of you and your family. Buying a home is a delicate process. It may not be easy to find a home that perfectly fits your budget and desires but keep looking for the option that aligns with most of your checklist for your dream home. ...
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