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Developing Iconic and Exclusive Communities for Holistic Living

2022-10-12
Home Buying Guide

Why You Should Buy an Apartment in Northern Hills

Dahisar is a rising location for residential real estate due to its demand for affordable homes. Amongst many residential projects in Dahisar, Northern Hills is one of the most elegant and affordable ones. The high soaring tower of 676 ft. has its top into the skies giving irresistible views of the endless horizon. N. Rose Developers have thoughtfully constructed Northern Hills with 2 & 3 BHK homes and a plethora of amenities, making it an apt investment for home buyers. Other reasons why you should consider buying a home in Northern Hills are mentioned below:

• Tallest Development Vicinity:

Living in the tallest development of the vicinity has its own advantages of getting the best of a locality. The lounge provided in Northern Hills sky deck is one of a kind. This also gives better-ventilated homes with a great view from the balconies. You can have the time of your life with your family on the rooftop under the stars or experience the views that the development has to offer.

• Unparalleled Views:

Northern Hills is anchored in one of the established places of Dahisar which provides you with beautiful views of the hills and the creek. The development is in proximity to the Sanjay Gandhi National Park which blesses the location with lush greenery around. As for the nightlife in Dahisar, the city lights are mesmerizing view to have from your home.

• Seamless Connectivity:

Dahisar East comes in the western region of the suburbs of Mumbai, where there are plenty of options to have an ease of commute throughout the city. S.V. Road is 30 meters from Northern Hills, there is also the Western Express Highway which is 210 meters away. You have Dahisar Railway station which is 0.45km away. There are other social infrastructural benefits like JBNC School: 2.4 Km, Rustomjee Cambridge School 2.9 Km, Pinnacle Multi-specialty 20 meters, Pulse Diagnostic Centre 20 meters, Lifecare Diagnostics 2 Km.

• Numerous Lifestyle Amenities:

Amongst all the other benefits mentioned above, Northern Hills has some of the best amenities like the Infinity Pool Deck, Kids Play Area, Amphi Seating, Barbeque Deck, Fitness Zone, Indoor Games, Indoor Table Game Zone, jogging track, Jain Temple, Beautifully Designed Residences. These amenities truly change your lifestyle from the inside out.

In conclusion, Northern Hills signifies to be the development you choose to buy a home in when deciding to live in Dahisar East. Not only does Northern Hills provide everything but also is affordable. This means that once Dahisar takes off on the real estate graph, the prices might increase which could benefit you if you invest in them now.



Home Buying Guide

The Benefits of Homeownership: Financial and Emotional Rewards

Home is like an anchor in your life. it is a place where you belong where your family lives where you can feel yourself where you feel safe and at ease. Owning a home provides numerous benefits be it financial or non-financial. In a surging economy and thriving real estate industry, owning a home can be extremely beneficial. One can choose from options like luxury flats in Dahisar with world-class amenities. Although owning a home is not easy, the benefits it offers outweigh the challenges. Let us look at the financial and emotional rewards. Financial and emotional security Living in a rented home poses many risks financially as well as emotionally. Rising rentals and the risk of being asked to vacate at short notice can be stressful. By owning a home in new projects in Dahisar, one can rest assured that they and their family are firmly rooted and can live a stress-free life. The home can be your little world which you create and recreate as and when you wish. Investment and legacy building It is well known that real estate investment is one of the best means of multiplying wealth today. As one invests in a home the property appreciation promises to give high returns over time. Building a home also leaves a legacy behind for your loved ones serving as a means of pride and ownership. Flats in Dahisar East offer the ideal location and social infrastructure for generations to experience a comfortable lifestyle. Safety and security A home is where one feels safe and secure from the outside world. One thinks of their home as a place to recuperate and energize to face the world every day. It is also a safety net for your hard-earned wealth that cannot be lost. Since buying and selling property is a long process one cannot liquidate their home easily and at short notice. Wealth invested in property is more secure than liquidity. It is easy to get a loan against property on the home that is owned. Property is most preferred by financial institutions as security against loans making the disbursal easier. Smart Investment Property is a tangible asset whose value appreciates over time acting as a hedge against inflation. It is an asset class for long-term investment and helps diversify your financial portfolio from stocks, bonds, and traditional investments like fixed deposits. The importance of owning a home has become more significant after the pandemic as people realize the importance of having financial stability. Owning a property may have many financial benefits but the emotional benefits are greater. It is no surprise that owning a home is everybodys dream. ...
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Home Buying Guide

Mumbais Real Estate Regulatory Authority (RERA): A Guide for Buyers and Sellers

RERA or Real Estate Regulation and Development Act is a regulatory authority for the real estate industry. The laws in the act have laid down standard rules for the sale and purchase of properties which must be mandatorily followed by developers and builders in Mumbai. They act as a guide for property buyers to bring transparency to the property buying process. The act came into effect in May 2017 with guidelines designed to save homebuyers from fraudulent practices and boost investment in Mumbai real estate. RERA registration Under the RERA every builder and developer has to mandatorily register their residential or commercial properties if the total land area being developed is more than 500 square meters or the total number of units is greater than 8. The builder cannot market or sell his properties if it not registered with the RERA authorities. All the details of the project need to be disclosed in the public domain by uploading on the official RERA website. Calculation of Carpet Area The developer must follow the standard procedure to calculate the carpet area. The carpet area is defined as the net usable floor area of the apartment that does not include external walls, service shaft areas, balconies and verandas, and terrace areas. If the builder wants to make any changes in the initial approved plans it can be done only after acquiring the consent of two-thirds of the allottees in the project. Delivery and Updates RERA makes it compulsory for the builders to complete the construction of the projects in the stipulated time failing which they may have to refund the amount paid to the buyer or pay interest for every month till possession. The builder must provide quarterly updates about the status of the property in Dahisar East and details about the number of units sold. Standardised agreements As per RERA norms, every builder or reseller must follow a standard format for the sale agreements. Builders are allowed to alter the agreements as per the facts declared. This prevents homebuyers from getting duped by one-sided agreements benefitting the builder. Advance Payments Under RERA guidelines, the builder cannot demand more than 10% advance of the property value. The builder must enter into a written agreement with the buyer for additional payments for any property in Mumbai. Grievance Redressal If the homebuyer identifies any structural defect in the property within five years the builder must rectify them within 30 days or compensate the homebuyer accordingly. All complaints against the builder in Mumbai must be made in writing to the Mumbai RERA authorities. The RERA authority will have to resolve the grievance within 60 days. These are important RERA guidelines that every buyer and seller should know before buying a home. ...
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