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Developing Iconic and Exclusive Communities for Holistic Living

2023-06-22
Home Buying Guide

Important Factors While Buying Your First House in Dahisar

Are you ready to buy your first home? Finally, moving out of the maze of renting home after home, year after year? Its a wonderful feeling to own your first house. An exciting step in your life. Especially if you have chosen an upcoming location like Dahisar. But have you done your homework before you plunge into the process?

Here are some pointers for you before you start short-listing your potential first house.

Budget Planning

Dahisar real estate offers a wide range of properties covering luxury apartments to budget homes. Before starting the property search, you must know your budget and the amenities you desire. It would then be easier to short-list the projects that offer homes that are the right fit. Visiting properties ad-hoc is not only a waste of time but also risky as you may choose a property that doesnt fit your budget.

Location

The convenience of a location decides the quality of life of the residents. Factors like the distance of the residence from the work location, its connectivity and accessibility, and other necessary facilities like schools, colleges, and hospitals are some considerations that will determine the daily experience of living in the new residence. By considering these factors you are being proactive about day-to-day life in the future.

Reputation of the Developer

In todays day and age, every developer and builder promises the best residences and amenities in their upcoming projects. It is not prudent to blindly believe the brochures and catalogues as these are designed to impress potential buyers. By visiting the developers previous projects and discussing the experiences of its residents, one can get a good idea if the developer lives up to their promises. You must vary of considering first-time developers unless you are sure of their reputation.

Home Inspection

A physical inspection of the property before making a downpayment is every buyers responsibility. The quality of the construction and interiors of the property should meet your expectations. There should be no flaws in the physical structures and interiors of the property. You dont need any major or minor repairs that will further add to the heavy investments that are being made. The buyer should also know the maintenance bills and taxes liable to avoid any surprises later.

Facilities and Amenities

Having inspected your future home, the next step would be to check the space and facilities in the projects in Dahisar. This includes the common areas, parking space, gardens, recreational areas, clubhouse, and other amenities if any.

The complete process of buying a home and moving in is a fine balancing act. It may not always be possible to get a home that perfectly fits your budget and aspirations. However, one must always try to find the best fit that ticks most of the boxes on your checklist.



Home Buying Guide

High Rise And Low Rise Buildings, Which is Better?

Highrise buildings were rare found only in the prime localities of metro cities like Mumbai. However, cities like Mumbai have geographical constraints and the rising urban population and limited land availability made vertical growth necessary. In 2019, the state government of Maharashtra reduced FSI premium making highrise construction financially viable for developers. This resulted in the development of highrises all over the Mumbai Metropolitan region to accommodate the rising demand for housing. Living in high rises is now a trend as it is perceived to be premium. However, it has its own pros and cons. In this blog, we will compare living in highrise and lowrise buildings. High Rise buildings Buildings that have more than 10 to 15 storeys are classified as highrise buildings. Pros Panoramic Views – This is the most obvious reason that makes highrise buildings desirable to most home buyers. Highrises give panoramic views of the horizon due to their height. Highrise flats in Dahisar East give beautiful views of the Sanjay Gandhi National Park and surrounding hills. Increased density – Highrises can accommodate many residents which is required in densely populated cities like Mumbai. Amenities – Highrises are categorized as premium properties and often come with luxurious amenities and premium facilities Security – Highrises are modern structures with advanced security systems like CCTV surveillance access control and security personnel Cons Costly – Highrise buildings are expensive to build and maintain increasing the monthly expense Elevators – It is inconvenient to move up and down highrises without elevators. If the elevators break down it can cause difficulty for residents Noise and Disruption – Construction of highrise buildings causes severe noise and air pollution Emergency evacuation – Evacuating highrise buildings is a challenge during emergencies and may result in damage to life and property Low Rise buildings Low rise buildings are buildings with less than 7 to 8 storeys Pros Lower cost – Lowrise buildings are easier to build and maintain Better accessibility – The staircase is an option during emergencies reducing the stress and difficulty Peaceful – Lowrise buildings do not create noise and air pollution during construction Easy Evacuation – It is easier to evacuate a lowrise building during emergencies Cons Limited Views – Lowrise buildings do not offer spectacular views like highrise buildings Lower density – Lowrise buildings offer accommodation to fewer people which is a disadvantage in dense locations Amenities – Lowrise buildings have lesser amenities since they cannot include amenities on highrise floors The choice between lowrise and highrise buildings is a personal one and residents must choose as per their preferences. ...
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Home Buying Guide

Real Estate Terms To Know Before Investing

Investment in real estate is currently one of the most lucrative modes of investments. Dahisar is a suburb of Mumbai and is one of the upcoming real estate hubs in the city. Dahisar East has all the ingredients that any home buyer wishes for. It has the best connectivity, social infrastructure and a thriving urban life in the heart of the metropolis. Investing in a property in Dahisar East would be a lucrative decision assuring excellent returns. But before investing, investors must know basic real estate terms without which it would be very difficult to make informed decisions. Carpet Area The definition of carpet area remains the same for all the flats in Dahisar East. It includes: 1. The complete floor area covered in a carpet was to be laid on it. 2. The thickness of the walls between the rooms. 3. Staircase, if any, only inside the property. It does NOT include: 1. Area covered by the external walls. 2. Areas under service shafts. 3. External areas like the Balcony, veranda, terrace, and flower beds Built up Area. The Built Up area is the sum of the carpet area and the area covered by the separating walls and the balconies. The builtup area is usually 20% to 30% more than the Carpet area. An easy formula to calculate the Built Up Area can be: Built Up Area = Carpet Area + Thickness of the external walls + Balcony area + Exclusive Corridor area Super Built Up Area or Super Area A Super Built Up or super area is a total saleable area that includes the built up area and common areas like the staircase, lobby, corridors, lifts, and amenities like gardens and a clubhouse within the confines of the building property. So if you were to invest in 2 BHK apartments in Dahisar East the carpet area, built up area and super built up area are important terms to know. Loading Factor The difference between the propertys super builtup and carpet areas is known as the loading factor. To calculate loading factor, we use the formula: Super built up area = Carpet area *(1 Loading factor) So, if the loading factor is 1.3 then the 0.3 component of the loading factor constitutes the outer walls and amenities of the building. To make it simpler, it is also expressed as a percentage. If for instance, the loading is said to be 30 percent, it means the developer has added 30 percent of the carpet area to the construction. As per RERA (Real Estate Regulatory Act), the property prices should be based on the carpet area and not on built up or super built up areas. Developers often confuse property buyers with jargon. By understanding the key terms and their usage, investors can be assured of their investments in the upcoming property in Dahisar East. ...
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