Reasons Why You Should Be Investing In 4 BHK Flats in Juhu

Flats in Juhu, a suburb of Mumbai have always been in demand. This suburb is special because it has a splendid view of the Arabian Sea and also the who’s who of Mumbai lives here. Juhu property rates have always been high and this one of the reasons why property in the area has an exclusivity of its own.

Property in Juhu is the most luxurious property in Mumbai right now. You can find a variety of new projects in Juhu and given the number of projects, you can bet that you can get highly competitive rates here right now.

If you’re wondering what is so special about this suburb and why you should invest in property in Juhu, then here’s your answer.

1.      Exclusivity: Juhu property rates are always high, this ensure that only the most affluent people in the city can afford property here. This also ensure that you get exclusive projects, with unique and top-notch facilities here.

2.      Best return on investment: Sea facing apartments in Juhu may cost a bomb, but there is no denying that they can also get you the best returns. Just by renting out your 3BHK flat in Juhu you can earn a substantial living for an entire family. The high cost of real estate in justified in the high returns one gets when they put it on the market.

3.      Connectivity and accessibility: Juhu is a well-connected suburb, it has a good access to the highways and Link Roads of the city. Getting anywhere from here isn’t much of problem. Now with the metros coming up the area is set to have even better connectivity with the rest of the city and especially the commercial areas here.

4.      Best infrastructure in the city: Some of the best luxury residential projects in Mumbai are in Juhu. Being an upscale area in Mumbai, the best builders in the city have reserved spots for luxury sea facing apartments here. These projects tick off all the features of being truly luxury projects.  

5.      Best time to buy: The Real Estate (Regulation and Development) Act, 2016 (RERA), intends to protect the interests of new home buyers and enhance transparency in the real estate sector. The Maharashtra Real Estate Regulatory Authority (Maha RERA) came into existence on May 1, 2017. Builders and real estate agents had been given a 90-day window, to register their new and ongoing projects, with the real estate authority, which ended on July 31, 2017. The RERA will give the Indian real estate industry its first regulator. The most positive aspect of this Act is that it provides a unified legal regime for the purchase of flats, apartments, etc., and seeks to standardise the practice across the country.

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Why flats in Khar West are the best investment opportunity

Khar is a suburb in Mumbai that has it all. It’s got the best of luxury apartments in Mumbai, it’s got the best connectivity and the best amenities. Flats in Khar West offer you both, the comfort of living in the suburbs and the ease of being close to the town.

There are a number of new projects in Khar West and this is perhaps the best time to for anyone to invest in property here. This area in Mumbai has it all, quite localities, spacious apartments and also, some of the best builders in Mumbai have upcoming projects in Khar West.

If you’re still not convinced as to why you should live here, there here are five advantages of living in Khar West that are sure to convince you.

1.      One of the prime localities in Mumbai: Khar west is one of the prime locations in the suburbs of Mumbai. It is located very close to town and also BKC, so one doesn’t need to brave the terrible traffic when they travel to and from work, and offers everything from greenery to the sea.

2.      Best new projects in Mumbai: Some of the best builders in the country have residential projects in Khar West. This area has the best of luxury projects in the city, with the best amenities and the choicest of flats in the entire city.

3.      Best schools in the city: People living in residential projects in Khar west have access to the best schools in the city. There aren’t one or two good schools here, but a range of schools, along with schools that offer alternative learning and teaching techniques for your children. If your goal of moving is to provide your child with a good education then this is the best place for you.

4.      Ease of access: The suburb of Khar West is located in the centre of the city of Mumbai. This means you have ease of access to all places in Mumbai. Whether you’re travel by private vehicle or taking public transport, you don’t have to brave huge crowds or traffic, if you’re starting from here, no matter what time of day you travel. This places also offers easy access to the best hospitals, recreational places, and nightlife and entertainment facilities.

5.      The best neighbourhood: If you’re looking to move to a place where you have the best neighbours in the city then Khar west is the place for you. Its close proximity to Bandra, means that you might just be sharing your lift with a celebrity. Being a posh area of the city, this area only attracts societies most elite.

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Why Property in Mumbai is the Best Investment in the World

Owning property in Mumbai is a lifelong dream for most people who come here to work, study or to just start a new chapter of their lives. But for a lot of people this dream remains just a dream because property in Mumbai is one of the most expensive in the whole world. And that is one of the reasons why people choose not to invest in property here at all. The city is also too crowded and there is very little space left. But the truth still remains that owning property in Mumbai is a matter of prestige and no one can take away from that.

If you’re still wondering why you should consider investing in residential property in Mumbai then here are some reasons that will convince you to do that.

1.  

 Best return on investment: New flats in Mumbai may cost a bomb, but there is no denying that they can also get you the best returns. Just by renting out a 2BHK flat in Mumbai you can earn a substantial living for an entire family. The high cost of real estate in justified in the high returns one gets when they put it on the market.

2.    Commercial capital: If you’re a working individual then you know that Mumbai is the hub of all businesses and everything related to commerce. Whether you work in an MNC or have a business, being in Mumbai will grant you access to the entire industry and bring you opportunities that you may not get anywhere else.

3.  Connectivity and accessibility: Mumbai is not only well connected other parts of the country but to other parts of the world as well. If you are someone who travels abroad or even anywhere in the country, you know that Mumbai is the hub for all travel. Even within the city you can rest assured that no matter what time of day or night it is, you can go down to the street and hail a taxi or and auto rickshaw that’ll take you wherever you want.

4.   Best infrastructure in the country: Mumbai may be under construction right now, but there is no denying that this city has some of the country’s best infrastructure. Both commercial and residential property in Mumbai has a premium feel about it.

5.  Budget housing: It’s no longer strictly true that all residential property in Mumbai is expensive. You can find new flats in Mumbai at highly competitive rates owing to the huge number of new construction taking place throughout the city.

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What to look for when you’re buying luxury apartments in Khar Mumbai

Everywhere you look; there are upcoming residential projects in Mumbai. There is no lack of new constructions all around the city. Khar West is an area that affords both the town feel and the ease of being in the suburbs. It is an ideal locality to live in as it has the best schools, health facilities and even entertainment facilities in the city. This is perhaps the best time for someone to be looking for a new flats in Khar West, because there are quite a few new projects here.

Residential projects in Khar West are known for being the best in the city. They are much more affordable than property in the town part of Mumbai or SOBO as it is called and builders here also promise you that you will be getting a luxury property here. But a buyer shouldn’t always believe what he is told. Just because a property is in a good locality, it does not make it a luxury property.

Here are five things that will assure you that the property you’re investing in is indeed a luxury property.

1.  Prime neighbourhood: A prime neighbourhood with good amenities like good schools, hospitals and entertainment facilities is a must for a luxury project. Residential projects in Khar West, have all that going for them, but there are other factors to take into account as well.

2.  Builder: There are certain builders in the city who are known for luxury projects. Some of the best builders in the city have upcoming projects in Khar West, so finding a good builder in this area is not a challenge.

3.  Ambiance: Many builders today pass of a property with multiple wings or buildings, as luxury. But luxury and exclusivity sort of go hand and hand. A standalone structure with a lot of space for parks, ample parking and amenities like a gym, spa, swimming pool and clubhouse can qualify as a luxury project.

4.  Top notch security: In today’s times no amount of security is really enough. But a luxury project needs to have a good security team with round the clock guards, CCTV surveillance and emergency services handy.

5.  Build quality: Since a luxury project should be built with the best building material available. All the raw material used for the building should be tested. Even the tiles, counters, lifts and fittings provided by the builder should be from the top brands in the business.

7 things to check off while searching for Luxury Residential Property in Mumbai

Luxury residential projects in Mumbai are very much in demand right now. Everyone wants a piece of the luxurious life and hence all new projects are tagged as luxury projects in Mumbai. But just like all that glitters is not gold, all they says luxury is not indeed luxury. A luxury residential property is exclusive in everything, from building material to the fittings in the flats. In truth, only half the projects that a tagged luxury are actually worthy of that term.

Juhu is a suburb in Mumbai and is one of the most sought after localities in the city. Its proximity to the sea and a number of new projects in Juhu can be credited for that. Flats in Juhu can start at around 1.5 to 2 Cr.  Juhu property rates are high but the properties in this area are really worth the price.  

If you’re looking for property in Juhu then you have a lot to choose from due to the number of luxury residential projects coming up in the area. But before you invest you need to check whether the property is actually a luxury property. Here’s the check list you need to tick off.

1.  Automation: Technology and automation are the first thing people look for in a luxury apartment. Home automation is a big part of luxury living. Energy-efficiency, smart lighting and sound, climate-control and smart toilets, smart surveillance are all the things that need to be in luxury residential projects in Mumbai.

2.  Build quality: When you purchase a luxury flat you pay a hefty price. You need to ensure that you get what you pay for. The quality of everything from raw materials, like cement, bricks and the iron need to be quality checked. The lift, fittings and amenities given to you along with your flats need to be of the top brands too.

3.  Best amenities: A park, a pool and a gym aren’t the only things that people look for in luxury apartments. Spas, movie theaters, shopping centers and clubhouses are some of the things that define luxury.

4.  Entertainment within premises: Luxury means having everything you need all at your fingertips. Entertainment facilities like movie theaters and gaming zones and even good restaurants are a must-have for a luxury property.

5.  Health and meditation: A simple gym does not spell luxury. A fitness center with a spa, sauna, a jogging track, trainers and meditation centers are a must-have.

6.  Privacy: Personal butlers, chefs and even elevators are something a luxury property must have.

7.  Personal space: Space is key to luxury. Luxury flats need to have walk in closets, decks and enough space for you to be yourself.

Why this is the right time to buy Property in Juhu

Juhu is one of most sought after residential areas in Mumbai. Property in Juhu is precious as gold. You can find the top Bollywood stars living in bungalows here. This area has got it all, with beaches, to plush residences, to the best amenities, like schools and hospitals and even entertainment facilities like restaurants, nightclubs and movie theatres and spas.

Juhu property rates are always high, but if you have the sources then buying a property here will only get you good returns. There a number of new projects in Juhu for those who are looking to invest.  Some of the best residential projects in Mumbai are in Juhu, all with a sea facing view.

If you’re on the lookout for new property then this is perhaps the best time to buy. We say this because, the new rules and regulations that are coming into force are attracting more investors and in the near future. The Real Estate (Regulation and Development) Act, 2016 (RERA), intends to protect the interests of new home buyers and enhance transparency in the real estate sector. The Government of India enacted the Real Estate (Regulation and Development) Act, 2016 on the 26^th March 2016 and all its provisions came into effect from 1^st May 2017. The Maharashtra Real Estate Regulatory Authority (MahaRERA) came into existence on May 1, 2017. Builders and real estate agents had been given a 90-day window, to register their new and ongoing projects, with the real estate authority, which ended on July 31, 2017. The RERA will give the Indian real estate industry its first regulator. The most positive aspect of this Act is that it provides a unified legal regime for the purchase of flats; apartments, etc., and seeks to standardise the practice across the country.

Currently there is a great mix of new residential projects in Mumbai and commercial projects which are in the development phase. There are lots of new projects in Juhu as well and these are going to witness good profits in the coming years.

With so many things working in the favor of home buyers, it is a paradise for investors to buy property in Mumbai and especially in Juhu, because it offers a high ROI (Returns on Investment) for both the investors and the buyers as well. So what are you waiting for, go check out all the amazing properties in Juhu and take your pick.

Advantages of owning ready possession flats in Mumbai

When you go looking for residential apartments in Mumbai, you have two options available. One is to purchase a ready to move-in flats or to go for under-construction flats. There is always a raging debate about the merits and demerits of each. The truth is both these forms of properties have advantages and disadvantages and really depends on your spending capacity and choice which one you choose.

Under construction is a bit of risky investment because, a lot of times construction can get stalled due the legal problems with the builders, lack of funds and lot of other things. There can also be a delay in possession which can lead to delay in loan payments and so on.

When you purchase ready possession flats in Mumbai, the biggest advantage you have is that you get what you see. Under-construction flats can be bit of a surprise when they’re completed. But there are a few cons to purchasing ready possession flats too.

Here’s exploring both the pros and cons of purchasing ready possession flats in Mumbai

Pros:

1.   Available immediately: When you purchase ready to move in flats you have the liberty of choosing when and how you want to move it. You don’t need to wait for it to be ready. There are also no surprises as to the fittings, the quality of work and construction because you get what you see.

2.    No legal difficulties: Since the flats are ready and the construction is complete, one can check that all legal requirements like the occupancy certificate, completion certificate and land titles are all in order. This also makes it easier to get your loans approved swiftly.

3.    Save of tax: You don’t have to pay a service tax when you purchase Ready Possession Flats in Mumbai. This is a big save since the amount can go into lakhs easily.

Cons:

1.    Expensive: Ready to move in flats are much more expensive than under construction flats.  There is also no flexibility in payment plans and you have to pay the down payment, the registration charges and stamp duty all in one go.

2.   Limited scope for modification: You can obviously renovate your flat after purchase, but when you compare it with under-construction flats the scope is quite limited.

3.  Limited choice: The real estate market is always booming in Mumbai and so there aren’t always ample choices for everyone. Property sells like hot cakes here and you need to be swift in your decision making if you want the flat you like.