Navi Mumbai Set to Become the Next Big IT Hub of India

Do you know which city is going to be the next big IT Hub of India after Gurgaon, Pune and Bangalore? The name of this city is Navi Mumbai. With competitive rates of real estate and the work of international airport in pipeline, the city stands a good chance at becoming an IT hub. The rents of premium office spaces in the growing pockets of Navi Mumbai are much affordable as compared to Pune where the average rate is Rs 70 per sq ft and Bengaluru where it is around Rs 60-70 per sq ft. In Gurgaon, the rates are even higher. Home seekers say that dream home is still affordable in Navi Mumbai and now commercial tenants are of the same opinion.

Navi Mumbai Set to Become the Next Big IT Hub of India

Navi Mumbai Set to Become the Next Big IT Hub of India

There are a number of factors that point towards the future of Navi Mumbai as an IT hub. Let us talk about some of these in detail-

Connectivity Benefits

From connectivity point of view, Navi Mumbai is undeniably the best location for commercial development. It is well connected to the business locations of Mumbai like Nariman Point and Chembur via the Eastern Freeway. This has significantly reduced the travel time between South Mumbai and Panvel; the 50 km can now be covered in an hour or so. It will be further reduced if the much anticipated Trans Harbor Link actually comes true. Apart from road connectivity, Mumbai suburban railway has also started reaching out to Panvel from Andheri in Mumbai. Mumbai Metro will also be extended to the area. [Read more…]

3 Rules of Finding the Right Home

Buying a home is a huge financial decision with far-reaching implications. It is perhaps the most expensive purchase of your life and the longest-lasting one- so be careful. There are lots of rules that one can follow when home hunting and different people have different interpretations, but the simple basic rules are as follows.

3 Rules of Finding the Right Home

3 Rules of Finding the Right Home

Rule #1- Buy Neighborhood over House

The old adage- ‘What are the three most important things in real estate- Location, Location, Location’ is the right answer. But in spite of being constantly repeated, it sometimes fails s to make a mark on the memory so neighborhood is a better substitute. There are certain parameters of grading premium location. Always, find the best neighborhood you can even if it means buying less of a house. You can improve the house but it is impossible to make changes in the neighborhood and fix major problems. Get out and find for yourself- it is the best way to check a neighborhood. Check out the schools even if you don’t have kids, schools means a good neighborhood. Find out about the crime rate, the Home owners association, look at the stores the traffic and see if you can find things easily in there. [Read more…]

Indian Real Estate Entices Singaporean NRIs

Real estate developers are rapidly turning their attention to non-resident Indians (NRIs) and people of Indian origin to drive them towards Indian real estate projects. Indian property developers are enticing Singapore’s Indian community. Developing cities like Mumbai, Bengaluru and NCR have come out as the favorite investment destinations of the NRIs.

Indian Real Estate Entices Singaporean NRIs

Indian Real Estate Entices Singaporean NRIs

Mumbai based Godrej Properties opened an international representative office in Singapore, so they can be physically present in Singapore to market mainly residential properties more effectively to Indians in Singapore, Malaysia, Indonesia and Hong Kong. [Read more…]

Creating a Home Office: Rules Nobody Will Tell You

One of the greatest benefits of a home office is freedom to design and decorate it as you wish, but it is important to ensure that the space should not lose its distinct identity. In other words, we shouldn’t blend the rest of the work place with the rest of our personal space aka home. Whether you are happy or feel it is a curse, one thing’s for sure your mood and productivity will be affected by how it is set up. “A cluttered desk is a cluttered mind”, a disorganized office may be the source of unnecessary mind-blocks.

Creating a Home Office: Rules Nobody Will Tell You

Creating a Home Office: Rules Nobody Will Tell You

For those who work from home or the ones who run a business from home, creating a productive space is an essential. If you don’t have a designated room for an office you would find yourself creating an office which is multi-purpose. [Read more…]

Highest PE Investment Recorded in Retail Realty in First Half of 2016

In the retail sector, the first half of 2016 Private equity (PE) investors invested Rs 3,350 crore, making it the highest investment in comparison to Rs 250 crore in the first half of 2015 on the back of better and improved leasing activity, positive economic outlook and relaxed government policies. This is the highest recorded annual PE investments made since 2008. The institutional and PE investors both are bullish on the retail segment in India following better leasing, country’s economic prospects and government policies.

Highest PE Investment Recorded in Retail Realty in First Half of 2016

Highest PE Investment Recorded in Retail Realty in First Half of 2016

Among the top eight cities that included Bengaluru, Chennai, Ahmedabad, Delhi NCR, Hyderabad, Pune, Kolkata and Mumbai, the national capital region watched the highest supply of malls in the first half of 2016, followed by Mumbai & Pune. These new mall spaces are expected to deliver quality spaces to retailers and wider options for expansion across multiple cities. [Read more…]

Connaught Place Bags 7th Rank on World’s Costliest Office Locations

Asia is well known all over the world for its large population, talent pool and market opportunities among many other factors. In this regard, a survey by a property consultant CBRE has exhibited Asia to dominate the list of world’s most expensive office locations with seven of the top 10 markets. Consequently, commercial real estate of Delhi/NCR has always been eyed by global as well as foreign investors.

Connaught Place Bags 7th Rank on World’s Costliest Office Locations

Connaught Place Bags 7th Rank on World’s Costliest Office Locations

Connaught place is treated as the heart of Delhi. Among the Delhiites, it is popularly known as C.P. Built in 1931, Connaught Place showcases the touch of British architecture. Its well-planned structure makes it one of the best commercial markets in Delhi. The charm and magic of Connaught Place is still the same even after so many years. People of all age and class come to spend their quality time in CP with their near and dear ones. It is an amazing place for shopping, business and entertainment. [Read more…]

Budget Décor: A Low-Cost Makeover for Your Master Bedroom

Doing up your master bedroom is no bed of roses, especially if you have a shoestring budget. But by a little innovation, creativity and some DIY tricks you can change the look of your master bedroom- the most important room of the house. You just need to avoid some common bedroom décor mistakes and incorporate creativity into the room. Ready to make over your bedroom but don’t want to spend a lot of money? So now you have made up your mind and now you are ready to create a designer bedroom- but on a budget, so here are some tricks which will help you.

Budget Décor: A Low-Cost Makeover for Your Master Bedroom

Budget Décor: A Low-Cost Makeover for Your Master Bedroom

Consider Buying a New Bed- It need not be a king size or a queen size a double bed will do the trick. A double bed will be comfortable for two people and will also fall within your budget. [Read more…]

Theme of the Week: Ajnara Ambrosia Offers Homes Inspired by Spanish Architecture

Real estate market is competitive and coming up with great ideas and themes to entice homebuyers. Ajnara Ambrosia has always tried to deliver more than expected to homebuyers. They have introduced Spanish architecture in residential complexes. This residential complex offers 2&3 BHK flats in Noida Sector 118 in sizes that range from 1095 sq ft to 1995 sq ft. Apart from offering luxurious and classic living; it features modern living at its best.

Theme of the Week: Ajnara Ambrosia Offers Homes Inspired by Spanish Architecture

Theme of the Week: Ajnara Ambrosia Offers Homes Inspired by Spanish Architecture

Ajnara Ambrosia has an advantage of location; this complex is located in Central Noida which is one of the best and prime locations when it comes to residential projects. The nearby areas of this project feature fully inhabited sectors, presenting an opportunity for homebuyers to reside in an ideal neighborhood. In addition, the physical location of Ajnara Ambrosia Noida is easily accessible from well-known places of Noida, Ghaziabad, Faridabad, Greater Noida and Delhi. Gurgaon is also not so far from this complex. Railway stations, major metro stations and airports of Delhi are also easy to commute from Ajnara Ambrosia. The complex offers new age facilities like swimming pool, yoga centre, gym, gaming facilities, car parking services and lot more apart from the richness of Spanish architecture which remains the most unique concept of Ajnara Ambrosia. [Read more…]

Home Loan Jargons You Must Know Before Applying

Whether you are a first time buyer or have been within the circle before, buying a home is a tiring process. Moreover, if this process involves a home loan, then you have to deal with bulky paperwork and unaccountable legal formalities. Yet amidst all this you can get hold of one thing that is the loan jargons.

Home Loan Jargons You Must Know Before Applying

Home Loan Jargons You Must Know Before Applying

The jargon involved while availing a home loan can be confusing. So if you are ready to take a home loan, here are some terms that may help you in your process.

1)Down Payment- When buying a home the bank does not loan you the entire cost, banks give you 80% of the property cost. You must pay at least 20% of the remaining amount to the builder/seller; this is your down payment. [Read more…]

Theme of the Week- Cleo County Brings Egyptian Charm to Noida

Growing competition, rising aspirations and a developing economy has led to more sophisticated real estate development in India. With increased globalization the Indian consumers are exposed to global standards and desire to live a luxurious life. This is acting as a cue to developers to find and develop classier projects to suit the ever changing moods of the buyer and follow the international trends- the latest being following a theme.

Theme of the Week- Cleo County Brings Egyptian Charm to Noida

Theme of the Week- Cleo County Brings Egyptian Charm to Noida

Due to the novelty factor to theme based housing, this type of development will witness quiet a lot of growth in times to come. Developers in India are now entering into joint ventures with foreign designers and international architects, design firms and hospitality brands to develop theme-based residential projects. [Read more…]