Andheri - Where work meets fun!

Andheri is one of the largest suburbs in Mumbai and is situated in the west of the city of Mumbai on Island of Salsette. It has a good balance between residential housing and commercial buildings, making travel to work a quick and effortless affair for the residents of this suburb. This suburb can be considered as the heart of real estate in Mumbai as it is centrally located. The newly launched metro has caused a sudden increase in buyers in this suburb. Its vastly developed infrastructure and connectivity makes Andheri a fine residential destination for those looking to have a quick commute between work and home.

For people whose work requires them to travel abroad on a frequent basis, buying a flat in Andheri can be of a great advantage, since both the domestic and international airports are located in this suburb. The newly launched Reliance Metro has also made Andheri a very prominent landmark. The Metro system expands from Versova-Ghatkopar with many stops in between at important locations like the Western Express Highway, Andheri Station, Chakala etc. has proved to be very convenient. It aids people to commute to and fro in less than half the time it would take them if they went by road. By using the Metro, one can avoid traffic and travel in comfort and with ease.

Andheri station is one of the busiest and most important stations on the Western Line as it connects to CST, Churchgate, Virar and Navi Mumbai. The crowds at Andheri station can be overwhelming at times and make you feel completely lost at times. To avoid overcrowding at the ticket counters, one can simply buy a booklet of tickets and punch them in the automated machines to save time.

Lokhandwala, in Andheri, is well renowned all over Mumbai for its market area and fabulous 

nightlife. Some of the best restaurants in Mumbai can be found here. To name a few, Lokhandwala has Barbeque Nation, The Little Door, Mainland China and La Patio. Fast food joints like Dominos, McDonald’s, and Subway are also scattered across the streets of the market area.

 Kokilaben Dhirubhai Ambani hospital, RN Cooper Hospital and City hospital are also situated in the area. All these factors make it essential for one to buy flats in Mumbai.Being one of the most populated suburbs of Mumbai; Andheri has a population of more than 1 million.

Entertainment is important to the residents of Andheri, and this suburb has no a shortage of places for recreational activities. With huge mall chains like Mega mall and Infinity mall, residents have loads of things to do ranging from shopping to watching movies and even gaming arcades for the kids. Andheri may be a busy suburb in the city that never sleeps, but that won’t stop you from going to one of the many recreational places to unwind.

A Developing Mumbai

Mumbai is the capital city of the Indian state of Maharashtra. It is the most populous city in India, most populous metropolitan area in India, and the eighth most populous city in the world, with an estimated city population of 18.4 million and metropolitan area population of 20.7 million as of 2011. Along with the urban areas, including the cities of Navi Mumbai, Thane, Bhiwandi, Kalyan, it is one of the most populous urban regions in the world. Mumbai lies on the west coast of India and has a deep natural harbour. In 2009, Mumbai was named an alpha world city. It is also the wealthiest city in India, and has the highest GDP of any city in South, West or Central Asia. Mumbai has the highest number of billionaires and millionaires than any other city in India.

In the recent years, areas like Lower Parel, Vashi, Badlapur, Dombivili, Kanjurmarg, Virar, Ghodbunder Road in Thane, Andheri West and East, Bandra, Borivali, Powai and Goregaon have seen the values of their propertiesappreciate. Areas which have benefited from the competition of transit infrastructure projects such as the Versova-Andheri-Ghatkopar corridor of the city’s first metro and the Chembur-Wadala corridor of the city first monorail have registered significant value appreciation too.

Not just that, central suburbs, which include areas like Chembur, Wadala, Kurla, Ghatkopar, Vikhroli and Bhandup, have seen launches nearly double in the last one year due to the recently completed Eastern Freeway and the Santacruz-Chembur Link Road. It has become so much easier for people to commute to various parts of Mumbai. Since the initiation of the Mumbai Metro, there has been a major increase in the demand for flats in Ghatkopar. The Mumbai Metro has become a boon for many Mumbaikars who travel daily to the Western side of Mumbai.

Recent news show that the Government plans to start the second phase for the Mumbai Metro. This phase will start from Charkop to Mulund and will be even more convenient for all commuters. Due to this many builders have started building a huge number of luxury properties in Mumbai. The real estate scenario based on these facts seems to be in a very good state as of now. Every day we see thousands of new people flooding into the city searching for new flats in Mumbai and all these people prefer to buy a flat that is in close proximity to a school, station and market area.

Based on these facts, the future for Mumbai looks to be very promising considering the amount of development that is taking place in the city.

Mumbai: A Metropolitan City

Mumbai is the capital city of the state of Maharashtra. It is the second most populated metropolitan area in India, and the fifth most populated city in the world.The populationof the city isestimatedto be around 18.4 million and the metropolitan area population is around 20.7 million. Including the cities of Navi Mumbai, Thane, Bhiwandi, Kalyan, and Mumbai is one of the most populous urban regions in the world.

In 2011 sales for residential property in Mumbai dropped by 28%. This was caused due to rise in both interest rates and prices due to limited supply. However, 2012 saw an increase in upcoming projects in Mumbai and estate agents hope this will lead to a corresponding jump in sales.

The residential property in Mumbai has just gone through a massive boom and towering apartment complexes are popping up all through the suburbs, and Mumbai is expected to take a lead with regards to sales with 40 per cent and 26 per cent respectively during the months of July to December 2014. Even though sales in residential property in Mumbai are at a sluggish phase right now the good news is that they are not stagnant at all.

There has been a significant increase in upcoming projects in Mumbai over the last two years. The government has planned various other infrastructure including international airport and metro rail for Navi Mumbai, the Mumbai Trans-Harbour Link, Elevated Eastern Freeway, Virar-Alibaug Multimodal Corridor, Churchgate-Virar Elevated Rail Corridor and the Western Dedicated Freight Corridor.

Upcoming properties in Mumbai would be priced much less than what they eventually would be at the time of launch. Given the rising prices of real estate, it would be fair to assume that the new upcoming projects in Mumbai would increase anywhere from 15% to as much as 50% depending on the location and the developments of the area. Another significant advantage of upcoming residential projects in Mumbai is the luxury to customize the interiors and the fixtures. While every real estate company is expected to deliver what has been promised and they do so, yet you may choose to upgrade certain tiles, flooring options or the dados. Such customizations are possible with new upcoming projects in Mumbai, an option that is non-existent with already launched properties. Besides, you would always find more upcoming projects in Mumbai than new and already launched ones which increase the number of choices you have. The trick to finding a desirable upcoming project in Mumbai is to have a source which would offer you a list of all upcoming residential projects in Mumbai.

Why people should buy a property in Powai

The land of dreams – Bombay has been a shining beacon of hope to everyone who has come to this city to settle down. However of late, the property rates here have been sky rocketing due to too many people moving in. People want to settle in the most posh areas throughout the city. However, this is easier said than done. The price of the properties in Mumbai has been increasing since forever and probably will continue to do so. There are a number of reasons why people feel attracted to Mumbai – the commercial capital of India. A major urban centre, Mumbai has seen a great boom in the real estate industry. Although the city boasts of superb public transport systems, the incredibly high properties in Mumbai have led the development to head towards the suburbs.

A part of Mumbai Suburban District, Powai is located in the north eastern region of the Mumbai Metropolis. It is situated on the banks of its namesake lake and boasts of a recently revamped landscape complete with fountains, gardens, children’s playing areas etc. Because of construction activity that the area has gone through in the last two decades, Powai has one of the highest residential population densities because of which the rates of the properties in Powai have really appreciated. The fact that the area enjoys good demand because of its proximity to important centers of the city and beyond points out that the property prices of this area might still appreciate. So this is the right moment for anyone looking to buy their dream house in Powai.

Buying a property in Powai can be a real plus on part of the buyer if he wants to stay in a luxurious and comfortable home which is at an arms distance from the city’s main attractions. Everything is very conveniently located. Apart from that the public transportation makes it really easy for the people to travel without paying a bomb. There are a plethora of schools and colleges and millions of job opportunities for anyone who wants to live in Powai. Many education options are available with The Indian Institute of Technology (IIT), established over an area of 550 acres providing quality education to aspiring students plus there are a number of education institutions that provide pre – primary, primary, secondary and higher secondary education. Moreover, there are a number of reasons like zero water clogging, a number of impressive cafes one can visit for a quiet evening. For people seeking an adventure, there is the Powai Go-Kart race track and Hakone – a combination of special sports, entertainment and leisure!

There are many options available for anyone who wishes to purchase a house in Powai, therefore invest in your dream house and enjoy your stay in Mumbai!

What makes Properties in Mumbai so desirable?

Mumbai is a city that never sleeps, one that plays home to millions of people from different sections of society and one that seems to be expanding at an incredible pace. The huge numbers of immigrants entering the city in search of a happy future have to set up a home, and with space coming in at such a premium, the only viable solution for most is looking for flats in Mumbai. The price of properties in Mumbai has soared over the last few decades, fuelled by greater demand than supply and the increased economic potential of the city.

What makes Mumbai so desirable? The answer lies in a simple thought. Mumbai has always been associated with dreams. With Mumbai central surging and it seems like a rational choice for people to move into the city. Mumbai’s proximity to the sea made it an economic hub; it is also the pathway into the Arabian Sea and ports worldwide. The domestic and international airports connect it to the rest of the country and the world; while the roadways and railways provide a vital connection for resources to reach the average Mumbai household.

Properties in Mumbai generally offer a variety of facilities to their owners. The older properties offer ample wide open spaces and a tranquility that is seldom possible in a metropolitan city.  The newer flats in Mumbai are made to suit the modern urban, nuclear family. With a fast paced lifestyle, it is seemingly impossible for people to find time to relax, but the newer homes come with a variety of features that appeal to the modern home buyer. Swimming pools, fitness centers, high speed lifts to get to the upper floors, imported fixtures in the homes and intelligent design in terms of space are the norm in most construction projects in and around Mumbai city.

With rapid development and increasingly urban needs amongst the populace, the need for megastores has increased. Shopping malls seem to be springing up all over the city and offer customers the shopping experiences and brands on an international scale. The local government is also pitching in to take Mumbai into the future. The famed bus and suburban train systems are undergoing an overhaul, with the fleets and trains being replenished with newer, more efficient models. The suburban metro system and infrastructure developments like the Bandra - Worli Sea-link are proof that the government is taking the growth of the city very seriously. The average Mumbaikar’s life seems to be improving consistently, and with increased earnings the development of the city should continue in the same vein.

The Ideas Changing the Face of Realty in the City

The property sector in Mumbai is one of the most high profile sectors in the country. Over the years, the city has seen a vast change in terms of construction, technology and prices. This has led to opening up of newer avenues for investors, realtors and customers. Due to the space crunch, the city’s real estate players are now looking beyond the tried and tested method of getting customers to buy properties. We have a look at some of these methods some new, some old school.

Attractive payment schemes

This technique has been used since a long time and it only gets better as time passes. The last few years have seen a plethora of these options. The flexi payment plans is where the realtors combine the down-payment and construction linked plans. In this plan the customer has to pay 10% of the cost upfront, 30-40% of the actual value within 30 days of booking. The remaining payment can be done in a timely manner as discussed in the construction plan. Other examples include the 60-40 scheme, the 80-20 scheme. Jaycee Homes, a renowned in the real estate sector, has come up with a new scheme for their Savannah project in Kanjurmarg East, wherein 3% down payment is all the buyer has to pay upfront and the rest can be paid in a year’s time.

Huge discounts

Attractive discounts are another way by which realtors are attracting buyers. Many property giants tap into the festive season to give away such discounts. The end result? Both, the buyer and the realtor go home happily. It also acts a blessing for those who are looking forward to invest in property.

State of the art amenities                

                                                         

In the last few years, India has grown in a big way. With the internet revolution, the country, especially Mumbai, has seen a surge in terms of lifestyle. First time buyers want their homes to be spacious and nicely built. They want to have world class amenities that match with the best in the world. The real estate sector has recognized this need and so current projects in Mumbai are all about putting in place these luxuries for the sake of the potential buyer.

The amenities like pool deck, spa, putty golf, yoga and meditation rooms and high tech security systems all add up and go a long way in attracting people to buy property. Flats in Ghatkopar are in hot demand due to this very aspect; this is in addition to the vibrant nature of the suburb.

Due to growing competition, the bar will only be set higher. And it is only going to benefit both parties involved.               

Andheri: The Dream Location for House-hunters

Buying your dream house is the most important decision of your life. Are you ready yet?

In the past few years, there has been an impressive shift in the demands of buyers. Earlier, South Mumbai and Worli areas of Mumbai were top on the list of the elite crowd of buyers. Slowly, with top real estate properties sprouting in Mumbai suburbs, more number of people have started looking at properties there.

The new trend is that people want to move out of really cramped areas to places where there is more life and fun. No wonder, the Borivali-Malad-Andheri belt is the most popular choice amongst consumers looking for Flats in Mumbai. But which place suits you best is something you need to contemplate.

Just as the look and feel of the house is important so is the place where it is located. The kind of person you are decides much about the kind of place you’ll love. If you are a countryside person and love solitude, a house in the lush Aarey region of Goregaon or the Parsik Hills in Kalwa, away from the hustle-bustle of the suburbs would suit you best. However, if you are someone who would rather dive in the growing modernization that engulfs the metropolitan city of Mumbai, the one place that you should have eyes on are the latest properties in Andheri. Let’s see why.

Nestled in the heart of the city, Andheri has everything one could ask for. Home to many production houses, Andheri has caught interest of many corporate honchos and is a land of some of the top companies in the country including likes of Procter & Gamble,L & T, Hindustan Lever, TCS, etc. It is one of the very few townships that are well-organised and well-connected to the other stretches of the city and is at an appreciably short distance from the Mumbai airport.

Properties in Andheri, such as those offered by Jaycee Homes, can be a prized possession for a modern house-hunter. The prevalence of amenities such as restaurants, shopping malls, entertainment hubs, banks and other financial institutions, hospitals, schools and educational institutions add value to these properties. What else could anyone ask for!

So if you are a house-hunter and are unable to make up your mind about which place to start out with, think about 2 things:

1. Do you want to stay amidst growing modernization?

2. Do you want friends and relatives to envy your luxury house?

If you’ve checked the above two, you know you should start your hunt with Andheri.