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2025-01-21
Home Buying Guide

Why Is A Gated Community A Preferable Option For Home Buyers

A gated community is a blessing in a bustling megapolis like Mumbai. A small world of our own where the amenities and facilities fulfill most of our fitness, leisure, and social needs is indeed a solution to most of our daily needs. A gated community in Dahisar is even better as one can also access the serene surroundings of the national park within minutes. Most community project builders in Dahisar today provide all the features, facilities, services, and conveniences the new age homebuyer seeks.

Security and Safety

All gated apartments in Dahisar have security personnel and surveillance systems like CCTV cameras. These prevent unwanted entities from disturbing the members living on the premises. The safety and well being of children of all ages are provided with the rules for entry and exit for outsiders. Parents can rest assured of their childrens safety within the premises of the gated projects in Dahisar.

Traffic restriction

Outside vehicles are not allowed into the premises of reputed gated community projects in Dahisar. Moreover, those allowed need to register themselves in the records maintained by the security agency. The movement and speed of vehicles are restricted to ensure the safety and well being of residents.

Community Living

Gated apartments instill a sense of belonging and connectedness among members. The members can socialize on special occasions and festivals forming a bond. Important festivals like Deepawali are commonly celebrated socially in gated apartments these days. The bonds formed over the years help in supporting each other during crises if any. Information exchange helps parents and their growing children make the right choices and decisions.

Amenities and Facilities

Using amenities like a swimming pool and sports facilities creates bonds among the members and friendships among children. Networks and social connections are always useful in a social set up to deal with challenges that members may face or to have good times. Children can learn social skills at social events which may not be possible in isolated buildings.

Exclusivity

Townships and gated apartments offer privacy and exclusivity of a different kind. The members of these gated communities spend their weekends in style. They have access to many different amenities with activities they can indulge. Weekends are like short vacations when one can get together with friends and enjoy a group activity like sports or dance tutorials. If you want to be alone, you can choose a book from the common library and lose yourself as you stretch on a hammock. The choices are endless.

As we can see, living in gated apartments has many advantages that improve the quality of life by many folds. These advantages ensure there is a high demand for properties in gated apartments for tenants as well as for investors when compared to stand alone apartments with limited amenities.



Home Buying Guide

3 Necessary Things to Know Before Buying an Apartment in Western Mumbai

The Mumbai real estate market is the largest and most prominent in India. Investing in an apartment in Mumbai is a lucrative opportunity for investors as well as home buyers. There are many projects for buyers to choose from in Mumbai. Buyers need to know the most important criteria while choosing their property. Their choices are personal and a one size fits all approach is not feasible for apartments. This blog discusses 3 necessary things home buyers should know before they invest in an apartment in Western Mumbai. Location and connectivity The location is by far the most important criterion to consider while buying an apartment anywhere, not just in Mumbai. It determines many things like the price, convenience, connectivity, and overall quality of life. Choosing a neighborhood that is close to the suburban station, bus stand or metro station favors people who commute daily. Less congested locations are preferred to reduce the vows of commuting in Mumbai. Locations prone to traffic congestion make movement stressful. The location should have easy access to schools, hospitals, and supermarkets for daily essentials like the projects in Dahisar. In western Mumbai, locations like are good examples of locations Dahisar, Bandra, Andheri etc, that meet the above considerations. Property Rates and Builder Reputation Western Mumbai is a large area and commands premium rates. Numerous projects are offering a variety of apartments at different prices and categories. Researching price trends will reveal locations and projects that fit in the buyers budget. The projects should be developed by reputed builders in Mumbai. Many projects in western Mumbai including flats in Dahisar, are being developed by reputed and unknown developers. Blindly believing the developer can be a risky affair. It is important to research the developer before investing in these. The projects should be RERA registered and known to deliver projects on time meeting the expected quality standards. If you are searching 2 BHK flats in Dahisar then make sure the amenities and facilities match the brochure. Features and Prospects The apartment should be scientifically planned with provisions for sufficient ventilation and lighting. The project should be well planned with proper security, basic amenities, and a healthy environment. The apartment project should have the facilities and amenities that meet the requirements of all the members of the family. Open green spaces, gardens, and pollution free environments ensure a peaceful atmosphere. The apartment is also an investment and should have good resale value. Upcoming infrastructure projects, better connectivity, and ease of congestion are good for the property ensuring long term appreciation. Upcoming business hubs, IT parks, and commercial development will appreciate the property value. These are the 3 necessary things to know before buying an apartment in Wester Mumbai. ...
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Home Buying Guide

Common Home Buying Myths of Todays Homebuyers

Let us dive straight into it. Debunking home buying myths with common sense and knowledge.

Home search is the first step.

The first thing first time homebuyers do is start looking for online listings of current and upcoming projects. This is a waste of time and homebuyers should follow a plan before starting their homeownership journey. The first step is to assess the financial state and calculate available funds. If a loan finances the purchase, then the EMI payout for the loan and downpayment amount need to be reserved and estimates must be made accordingly. This is a practical approach if the homebuyer is serious about investing in a property.

Rent vs Owning.

Both renting and owning a home have their pros and cons. While renting can save the downpayment amount and a part of the EMI payout, depending on the rent, a home loan will permanently solve the problem of shifting homes and provide the proverbial roof over the head. Also, the rent can serve as an EMI payment if the downpayment can be arranged. This is a scenario where sufficient income makes it possible to pay the EMI and manage other obligations.

Home maintenance is expensive.

Maintaining a home is an investment that every property owner must make. As the property value and rentals appreciate, investment in maintenance to improve the property value is essential. Regular inspections and nipping the problems in the bud will save significant costs. If problems are ignored, then repair costs increase. So, the difference is not significant and it should not come in the way of owning a home.

Large down payments

The common myth is that home loans require large downpayments. This is not true as many banks offer special provisions to reduce the downpayment amount. Builders and developers offer attractive schemes for home buyers which reduces the downpayment amount.

Glamorous builders are reliable

Never judge a book by its cover Advertisements and brochures should not be blindly believed. Many builders are vying for a large piece of the real estate pie but not all of them can deliver. It is important to research builders and their past projects before considering their projects. The information is available online. It can also be obtained by speaking to experts from the industry like brokers, agents etc.

Home buyers and investors who want to buy property in Mumbai must keep the above points in mind.

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