REITs buy and develop real estate primarily for the purpose of using it in their investment portfolio. REITs or Real Estate Investment Trusts are companies that own and operate properties for the purpose of generating income. Unlike other real estate companies, REIT does not build real estate for resale. These are the companies that manage portfolios of high end properties and mortgages. People can participate in large real estate revenues through REITs.
What is Direct Real Estate Investment?
Direct investment in real estate means buying a particular property at a stake or the acquisition of property from a particular person. This implies a significant share in an asset, whether it is a shopping mall, an office building or an apartment. This type of business allows investors to generate income by rental investment. It even allows you to monetize the valuation of the assets you own. As the price increases over time, you get a significant return on assets.
Key difference between REITs and Direct Real Estate Investment!
Direct Real Estate Investment offers more tax incentives than REITs and also investors have more decision-making power.
– In case of REITs, investors invest their money in a diversified portfolio of commercial real estate assets. But in case of direct real estate investment for commercial offices, investors invest in a single office property only.
– Individual investors can take advantage of real estate through a REIT without the need to own or manage real estate.
– Compared to Direct Real Estate Investment, REITs are easier to buy and sell because many of them are publicly traded on exchanges.
Difference between REITs and Direct real estate in terms of returns!
There is a major difference between the returns of both investments:
– In the case of REITs the ROI will be clearly structured, realistic and risk-free. They are ideal for investors who want a stable income with minimal risk.
– During the time of inflation, property values tend to rise as property prices and rents rise, resulting in higher returns for REIT investors. Realistic ROI from REITs can be expected in the range of 7-8% per annum after adjusting fund management fees.
– REITs must distribute at least 90% of the taxable profits to shareholders, and dividends of 5% or more are common.
How do REIT investors generate income?
Like any other business REIT requires capital. The investors of REITs make money by renting, leasing or selling the assets they buy. Shareholders elect a board of directors, which is responsible for selecting investments and recruiting a team to oversee them on a daily basis. FFO, which stands for funds from transactions, is the most common way of calculating REIT income.
REITs Investors generate following types of income:
– Dividend income – Price gains after the sale of REIT units – REITs are a great opportunity for investors who want to diversify their portfolios outside the gold and securities markets. This is a great place to invest if you are investing in real estate for the first time and want to diversify your portfolio without unnecessary risk.
A REIT is a good option for investors who do not want to manage real estate, or for those who do not have or can not get the funds for it. REITs are also a great way for aspiring real estate investors. Individual investors can invest in income from owning commercial real estate with a REIT without buying it themselves. Direct real estate investment is good if you want more control over your money and prefer a convenient approach.
Since past few years, there is a sudden surge in the demand of housing units in Gachibowli. One should definitely invest in Gachibowli as it is a growing locality, loved by both end users and investors. Gachibowli, a city in Hyderabad, is one of the fastest growing cities that is ideal for investment and promises attractive returns in the future. It is a recognized ITeS suburb experiencing explosive growth in the form of real estate projects, office rentals and infrastructure projects.
Gachibowli is located in Serilingampally Mandal in the Rangareddy area northwest of Hyderabad. When we look at the real estate market, it is a known fact that Hyderabad has many benefits for property seekers. Since past few years, Gachibowli real estate sector has shown exponential growth thanks to a growing technology sector that has dramatically increased the demand for apartments.
6 Reasons why investing in a flat in Gachibowli Hyderabad is ideal | Reasons to invest in Gachibowli
1- Airport Connectivity-
To make money, various real estate companies in Hyderabad have built residential apartments near Gachibowli. It is only 5 km from the Hitech city and is well connected to Rajiv Gandhi International Airport in Shamshabad via the outer ring road and the Nehru ring road. Alternatively, try world cuisines in the various restaurants in the area and the surrounding area.
2- Gated and premium residential properties-
Several gated community apartments are being sold to serve the IT people of Gachibowli. With luxurious amenities, these flats absorb modern architecture and natural landscapes. Removing visual clutter and providing you a unique serenity that is difficult to find in the city. In addition, there are several premium class apartments for sale in Gachibowli. This locality is ideal for those looking for luxury as well as affordable apartments in Gachibowli.
3- Ideal option for investment-
In addition to the luxury apartments in Gachibowli, several other developers are planning to create more living space. Therefore, those looking for investment opportunities in Gachibowli, Hyderabad should also consider entering Gopanpally and Nallagandla to get the best investment deal.
4- Increased housing demand-
Gachibowli will benefit from the growth taking place in the central regions of Hyderabad. Townships around Hyderabad’s old town have also evolved to boast improved connectivity to the technology hub, attracting potential buyers and investors. While the suburbs around HITECH City, Gachibowli, Banjara Hills and Jubilee Hills were the first to develop. Growing connectivity and infrastructure makes it ideal to invest in Gachibowli. The saturation of open spaces in these areas, combined with declining accessibility, makes the suburbs a viable option.
5- Proximity to reputed companies-
Gachibowli has also witnessed careful green preservation zones and offers excellent social infrastructure and services. The locality also offers access to major tourist attractions, such as Ramoji Rao Film City, Hussain Sagar, Fort Golconda and Shilparamam. The main advantage is that Gachibowli is close to Hitech City and several companies such as TCS, Microsoft, Capgemini, Accenture, Infosys and Wipro as well as UBS, Bank of America and Franklin Templeton Investments.
6- High demand of rental properties-
Real estate in Gachibowli ranges from one bedroom apartments to large mansions. Tenants range from city leaders looking for family homes to young professionals and couples looking for one or two bedroom apartments in Gachibowli. They are in high demand and delivered very quickly, usually within a few days. A 3 BHK flat in Gachibowli Hyderabad also tops many tenants’ wish lists with its spacious and airy exterior atmosphere.
Looking for best place to live in Navi Mumbai or best place to invest in property in Navi Mumbai? If so, this might be the best decision you’ll ever make! In this article we have described some best residential areas in Navi Mumbai that are perfect for real estate investment.
In real estate it is extremely important for the investor to choose the right location. The place you choose can increase or reduce your investment. Navi Mumbai is an exception where the management quality is better than the developers. The basic infrastructure is far from perfect, but is reasonably well equipped in terms of roads, infrastructure, water supply, etc.
The location, infrastructure and facilities of Navi Mumbai makes it an ideal investment destination. Navi Mumbai has a range of developers offering properties to suit every budget, along with first-class facilities. Robust infrastructure, wide roads, an abundance of nature are some of the benefits of investing in real estate in Navi Mumbai. The city has a special economic zone with an area of more than 10,000 hectares. Ultimately creating career opportunities and allowing people to start their own business.
Navi Mumbai’s significant population, booming economy, and growing infrastructure really stand out to prospective investors. The 7 best place to invest in Navi Mumbai that promise the highest potential return on investment are-.
Best place to invest in property in Navi Mumbai or best place to live in Navi Mumbai-
Ulwe has recently shown an increase in demand for residential apartments and plots. As India’s fastest growing region, the development of commercial, residential and private infrastructure quickly attracted the interest of retailers and residents. Ulwe offers adequate social and commercial infrastructure, including reputed hospitals, schools, retail space and a sports complex. Property price in Ulwe ranges from Rs 6,200 to 9,000 per. square foot. With the advent of new projects, property prices in Ulwe are now growing due to the developed infrastructure and proximity to Navi Mumbai Airport.
Connectivity and Infrastructure-
It is a lively place known for its excellent connectivity, close to the upcoming Navi Mumbai Airport. Ulwe is fast becoming a suburban destination near the Sion-Panvel and Mumbai-Pune Highways. It is close to major places like Vashi, Palm Beach Road or Belapur CBD. It also has proximity to the JNPT and excellent connectivity to Mumbai via NH-348A, and Palm Beach Road. The upcoming Navi Mumbai Metro and Mumbai Trans Harbor Link will further improve the connectivity of Ulwe to Navi Mumbai and Mumbai. Thus making it the best place to live in Navi Mumbai or best place to invest in Navi Mumbai.
Unlike the densely populated areas of Mumbai, Panvel offers large open areas, making it a popular place for home buyers. It is easy to travel here as the area has an extensive network of road and railway. Panvel has several areas like New Panvel, West Panvel, East Panvel, Karanjade, Chipale. It also has some areas along the Mumbai-Pune Expressway. Panvel has proximity to the Belapur and Vashi commercial hub, which has stimulated the demand for housing in the region. As such, Panvel is the ideal place to generate a good amount of profit on property investments. The area has high rental yields and there is a guaranteed appreciation on both residential and commercial properties.
Connectivity and Infrastructure-
Panvel is well-connected with eastern and western highways which provides easy access to other cities. The proximity to the upcoming Navi Mumbai International Airport along with other planned infrastructure projects such as Navi Mumbai Airport Influence Notified Area (NAINA), Trans Harbor Link etc, are some of the key factors affecting the real estate market in Panvel. Connectivity to Mumbai Pune Expressway and the Sion-Panvel exit further improves access to Panvel.
Airoli has a wide range of apartments ranging from affordable to premium segments. Hence, serving home buyers in all budget segments. The locality has a good social infrastructure of schools, hospitals, restaurants, markets and parks. The proximity to major employment centers and developed social infrastructure has increased the demand for housing and rental properties in Airoli. Thus, it is the ideal place to live in Navi Mumbai since it provides good investment opportunity for those who want to invest in Navi Mumbai real estate.
Connectivity and Infrastructure-
Airoli has good connectivity to Thane and Mumbai via Thane-Belapur road and Mumbai Suburban Railway. Mulund Airoli Bridge further improves Airoli connectivity to other suburbs of Mumbai. Airoli houses some major employment centers such as Airoli Knowledge Park, TTC Industrial Area, Mindspace Technology Park, and Reliable Tech Park makes Airoli best place to invest in Navi Mumbai and a profitable deal for home buyers. The railway and road network provides easy access to the main MMR regions of Mumbai, such as Panvel, Thane, Chembur, Vashi, and Mulund etc.
Nerul is the main residential and commercial area of Navi Mumbai, consisting apartments of all segments. It has excellent civil and social infrastructure. The area has low, medium and high-rise flats and individual row or townhouses as well. Nerul is popular among the upper middle class and the most common configurations found are 2 and 3 bedroom flats. The locality houses some IT parks, an MIDC industrial area, several international schools and professional universities. Presence of reputed educational institutions like Terna College of Engineering and State Merchant Marine Institute makes it an ideal place.
Connectivity and Infrastructure-
Nerul offers good connectivity to several areas of Mumbai like Thane, Navi Mumbai, and Jawaharlal Nehru Port Trust (JNPT) via Thane Belapur Road, Sion-Panvel Expressway and Palm Beach Road. The area is located on three highways in the Navi Mumbai area, namely Uran Road, Sion-Panvel Expressway, and Palm Beach Road. Connectivity to major highways makes it the best place to invest in property in Navi Mumbai or best place to live in Navi Mumbai.
Taloja is fast becoming a major residential area due to its proximity to Kharghar. Other factors driving the increase in property value are the variety of affordable apartments, upcoming metro stations, and upcoming international airport. Experts believe that if upcoming infrastructure development is implemented on time, Taloja is likely to see an exponential increase in property value over the next three years. Thus making it an ideal or best place to invest in property in Navi Mumbai.
Connectivity and Infrastructure-
Taloja is located on National Highway (NH- 4) and has proximity to the Sion-Panvel, Dombivli-Kalyan, and Panvel highway. Thus traveling to Pune, Thane, and Mumbai is much easier. Taloja has an operating railway station on the Central Vasai-Diva-Panvel railway line. The construction of the first phase of the Navi Mumbai metro between Belapur and Pendhar, which also connects Taloja, makes commuting more easier.
Kamothe have good infrastructure and connectivity, and these are the main reasons for its growing real estate demand. The area has a total of 48 sectors, which are systematically planned. The nearby towns of Kamote include Belapur, Hargar, Taloja, Kalamboli, Panvel etc. Without a doubt Kamothe is the best place to invest in Navi Mumbai. Also it is ideal location for those who want to buy property in the outskirts of Mumbai.
Connectivity and Infrastructure-
Highways like JNPT Road, Sion-Panvel Highway, and Panvel-Uran Bypass are some of the major highways that pass through Kamothe. There is a large bus service and the Belapur Bus Stop and Panvel Bus Stop are in the immediate vicinity. The international airport is approximately one hour drive from the area and also has proximity to upcoming airport in Navi Mumbai.
Dronagiri is one of Navi Mumbai nodes, located in the Raigad area and at the southern tip of Navi Mumbai. Real estate in Dronagiri remains reasonably priced compared to other parts of Mumbai. Infrastructure growth and associated housing demand are key factors that have driven Dronagiri’s growth in recent times. The JNPT and Reliance SEZ are key business developments driving Dronagiri property growth.
Connectivity and Infrastructure-
The area offers good connectivity to Panvel and Roha. Also South Mumbai is easily accessible from Mora with a crossroads and only 30 minutes by water from Ballard Pier. The railway route has increased the general access to the JNPT together with the Navi Mumbai SEZ. Demand for real estate in Dronagiri is expected to increase after the completion of Navi Mumbai International Airport, as the area is only 10 kilometres away.
Buying real estate and then turning it into a profitable investment is a popular practice in Mumbai. If you have been looking for best place to live in Navi Mumbai or planning to invest in real estate for a long time, Navi Mumbai is your ideal destination. This is often an investment opportunity for those working in and around Mumbai. The area has a vibrant real estate market with significant capital gains and rental income.
Are you planning to invest in a 2 BHK flat in sector 150 Noida? Since time immemorial, the value of real estate has been dependent on price increases. And it takes time before its value grows. But with increased investments from multinational companies in India, the value of real estate here is skyrocketing. Noida sector 150 is located at the south end of Noida Expressway. It is located at the convergence of the Yamuna and Hindon rivers and is only 8 km from Pari Chowk, Greater Noida.
Noida 150 sector appears to have increased demand for the residential segment. Many famous builders in Delhi-NCR have started many projects in this sector. Buyers can find 3 BHK and 4 BHK luxury apartments easily and quickly. Many spacious 2 BHK’s have also been implemented in the projects. All of these homes have quality facilities as well as excellent environmentally friendly amenities.
Reasons why 2 BHK flat in sector 150 Noida is a great investment!
Connectivity to major areas-
Robust connectivity is one of the main factor which has contributed to overall growth of this locality. Sector 150 is close to three major expressways i.e, Noida-Greater Noida Expressway, Yamuna Expressway and DND Expressway. Proximity to these expressways facilitates easy commute between regions of Delhi-NCR and Agra. Sector 150 also has proximity to the upcoming Jewar Airport, one can reach the airport in just 30 to 40 minutes. Delhi’s metro network runs through the area within walking distance, making it ideal to reach any part of Delhi-NCR.
Prominent Housing Options-
Everyone wants to live in a place which has good quality social infrastructure of schools, hospitals, entertainment centers and shops. In the immediate vicinity of sector 150 there are reputed educational institutions like RPS International School, Amity University, Galgotia University etc.
The locality also has proximity to world class sports facilities such as Buddha Circuit (Formula 1 circuit), golf courses and the first cricket stadium in Noida. It is listed as one of the best sectors in Noida on the 24 km section of the Noida-Greater Noida Expressway. Sector 150 provides a high standard of living, and there are several top-class housing projects from leading developers such as Tata Value Homes and Godrej Properties.
Given the presence of large housing projects and their location, buying a 2 BHK flat in sector 150 Noida is the most preferred and profitable investment for property buyers.
According to the Noida Master Plan 2031, Noida sector-150 will have about 80% of the 600 hectare area as green space, with only 20% allocated to residential or commercial construction. In addition, almost 42 hectares of land have been set aside for parks and recreational services.
Today, the social and physical infrastructure is already established, a number of well-known schools and colleges operate here, and the area is full of real estate activities. Sector 150 is in the immediate vicinity of Knowledge Park II. The locality houses offices of several multinational companies and IT / ITeS companies. Some of them are Aptara International, Cisco Honeywell, IKEA, One E, Samsung Engineering India Ltd, British Council and HDFC.
Budget friendly and low maintenance-
Another benefit of buying a 2 BHK flat is the maintenance cost. Maintaining a 2 BHK is much easier compared to 3 and 4 BHK apartments. In relation to the 1 BHK apartment, however, the increase in value is not so significant. Therefore, it is always wiser to choose a 2 BHK apartment in sector 150 Noida.
With robust infrastructure and connectivity sector 150 Noida is growing really fast. The area has excellent transport links and is close to major expressways such as Yamuna Expressway, Faridabad-Noida-Ghaziabad expressway, and Noida-Greater Noida Expressway.
Due to its advantageous location, it has attracted the attention of several investors and buyers. Many well-known multinational companies, corporate homes and manufacturing departments and IT services are popping up in this place. The locality has various reputed educational institutions, banks, hospitals, ATMs and more. Hence buying a 2 BHK flat in sector 150 Noida is definitely a good choice for home buyers and investors as well.
Planning to invest in Kharadi, Pune? In this article we have described some reasons why investing in Kharadi is best choice for both home buyers and investors.
Kharadi, located in northeastern Pune, has seen tremendous growth in recent years. It is becoming one of the fastest growing and most sought after places in terms of location. The area is strategically located close to all the institutions and recreational areas necessary for a comfortable life. It has become a sought after destination among property buyers. This area has gained importance due to the major developments in IT, ITES, education, hospitality and retail sectors.
Known as the new IT hub, Kharadi, the once barren place is now home to dozens of commercial projects and luxury homes. The presence of the company giants like Tata Communication, Wipro, Reliance, and Polaris has further contributed to the development and popularity of this area.
Here are a few points that make Kharadi the most popular real estate investment destination.
Reasons why should you invest in Kharadi or reasons to buy flat in Kharadi, Pune
1-Houses big IT giants-
Growing connectivity and low capital prices have attracted many leading IT companies. After Hinjewadi, Kharadi has the maximum number of IT parks. Special economic zone (SEZ), is home to several IT and ITES giants like Vodafone India Services, Prism Informatics, Tata Communications, etc. The campus covers more than 40 acres and is only 8 km from the international airport. The business world in Kharadi originated and contributed greatly to the development of the IT sectors in Pune.
2- Location Advantages:-
A well-planned road system with excellent transport links adds valuable benefits to Kharadi. The area has proximity to major areas like Railway Station, Airport, Koregaon Park, Kalyani Nagar, Hadapsar, Wagholi, Chandan Nagar and Mundhwa. Kharadi is set to receive a metro station via an extension of line 2 between Vanaz and Ramwadi. Growing connectivity and location can be a major reason due to which buyers invest in Kharadi. The roads are wide and proximity to highways makes it easier to reach other localities in a short time.
3- Public Transport & Social Infrastructure:-
Kharadi has some of the popular hotels like Le Meridien, JW Marriot, The Westin, Taj Blue Diamond, Grand Hyatt, Radisson, etc. Some famous nearby schools are Symbiosis, Victorious Kids Educare, Kendriya Vidyalaya, and Sunrise English High School. The nearest bus stop is Moudha Bus Stand, 12 km from Kharadi. Cabs and other transport facilities are also easily available. Due to its proximity to the airport, travel time is significantly reduced.
4- Increase housing demand:-
Robust connectivity and evolution of IT parks have created a lot of opportunities in Kharadi, thus attracting professional migrants from different parts of the country. As a result the demand for housing has surged at a fast pace. Buyers are preferring apartment projects over independent houses or plots. The rental market here can fetch you a good amount of returns if you invest in Kharadi. A 2 BHK flat in Kharadi can be rented at prices from Rs 10,000 to Rs 18,000 per month. Professionals working in Ranjangaon Industrial Zone also prefer Kharadi due to its connectivity and infrastructure.
The city experienced both residential and commercial development due to the burgeoning IT sector. Due to this, land prices have risen sharply. According to real estate experts, the price in October-December 2012 was Rs 4,779/sqft, and Rs 5,192/sqft in January-March 2013. The price has risen to Rs 5,583/sqft since April to June 2013.
Many experts believe that Kharadi has the greatest potential in the real estate market in Pune. The amazing development of the city attracted buyers to invest in Kharadi and has completely changed the real estate market trend. Now Kharadi is considered as the most popular area in Pune where you can live a quality life.
Real estate will continue to be the preferred investment class worldwide. Smart real estate investing can change our lives by giving us enough money to make our dreams come true. Today, most of us have an investment portfolio that consists of a variety of investments, be it stocks, bonds, gold, etc. However, most of the people have still undervalued or ignored real estate investment. With the huge economic boom in most cities in India, the average income has increased, giving us additional capital to invest in the future, and real estate may be the ideal investment opportunity for you.
The price of real estate depends on various factors such as location, demand and supply, interest rates, future development plans, etc. Some investors buy properties for the purpose of selling them later, when supply is low to take advantage of price increase.
What is the appreciation rate?
In real estate, appreciation refers to the value of your property, or how much the value increases over time. You get several benefits when real estate grows and increases in value. First, you can get more by selling your property. As long as the demand is high in your market, you can get a higher selling price and therefore earn more profit.
5 Reasons for property price appreciation!
Demand & Supply:-
When the demand for housing in a given area increases. Property prices rise unless the number of housing projects built to meet the demand does not recover quickly enough. Home buyers who buy houses for their own use are willing to pay extra if the locality is attractive and desirable for living. The ideal moment for home buyers to buy a property in areas with great upward potential, is a period when investor activity has not yet begun.
Features of property:–
The property’s facilities and improvements also affect its value. For example, remodeling a home, installation of wooden cabinet can increase its value. Decorating a basement, adding another bathroom, or replacing carpet with tiles are other examples of improvements that add value. In addition, the availability of parking spaces has a major impact on the value of the property. Parking spaces can create a price difference of 10% to 15%, especially in metropolitan areas where parking in residential areas can be a problem.
Owners who continue to improve their property may receive a higher rate than current market prices. This can be a basement garage, a kitchen lawn, or a small garden terrace. In addition to this, the property’s architectural design, maintenance and interior also play a crucial role in property price appreciation.
The location of the property is a major influencing factor. As the area around your property grows, new businesses emerge and new jobs open up, local housing prices tend to rise. If society struggles, or companies shut down then lower values are usually achieved.
For property price appreciation, it is important that the social infrastructure and the local area support growth. Property in a gated community with an active Residents Welfare Association (RWA) will be preferred over independent property located in a common area. Likewise, green cover, security surveillance, and facilities in the immediate vicinity can also add value to the property.
Infrastructure development plays a pivoted role in property price appreciation. Any type of development like trans-infra projects will boost the value. They are expected to drive population growth and ultimately increase demand. Investors who identify the right time to enter the market can get the most out of their real estate investment.
Impact of Government Policies:-
One of the important policies that have a direct impact on the growth in property values is interest rates on loans. The lower rate of interest attracts more buyers to the market, creating greater demand and great property price appreciation. Similarly, lowering stamp duties, GST rates, circle rates, income tax exemptions, etc. directly affects demand. In addition, the introduction of the Real Estate (Regulation and Development) Act 2016 (RERA) has created great trust among home buyers. This may not directly affect property prices, but streamlines the process of buying homes. Also home buyers can challenge offenses conducted by a builder. Such as property rights, delays or changes to the master plan without your consent, etc. This transparency helps with integrated development of the real estate industry.
Tips to improve property price appreciation!
In general, the national average property price appreciation rate for real estate is between 3% and 5%. However, this can vary greatly and really depends on the unique factors of your long-term ownership. Fortunately, if your real estate investment does not appreciate as you would like to see, there are several ways to increase the value of your property.
Improve efficiency of property: If you can reduce the amount of energy needed to run a property, you should gradually increase its value. This could mean replacing appliances with EnergyStar, installing solar panels,planting trees around the house.
Increasing property square footage: Increasing living space to a property increases its value. You can build an ADU or guest house at the back of the house, or add a basement.
Make smart improvements: Improving your property can add value, but be sure to make the right choices. Not all upgrades increase the value, some can degrade the existing value as well.
The demand for duplex house for sale in Bangalore has increased at a fast pace. The outbreak of the pandemic has made the average Indian citizen realize the value of owning a home, especially in major cities like Bangalore. People are increasingly choosing larger homes, like a duplex or 3 BHK apartment, to accommodate a specialized workspace within the living space. As work from home is becoming the new norm, people want a home that has dedicated space that can be used as a workspace without any hassle. As a result more and more home buyers, especially working professionals, intend to shift their decision to Duplex home.
Apart from apartments, Bangalore is also experiencing an increased interest of buyers in independent houses for investment purposes. As people turn towards more open spaces, especially due to the inability to go out at will, the demand for independent houses has also increased in the city. With the change in priorities, the trend towards duplex houses is likely to continue for a long time and for a significant portion of sales in Bangalore. Duplexes can be attractive because they cost more than a single-family home.
So, if you are looking for a duplex house for sale in Bangalore, read this article. We have discussed some tips, pros, and cons of buying a duplex home/apartment in Bangalore.
What is a Duplex House?
The duplex is a structure consisting of two separate family units. The two units share a common central wall but have separate entrance doors. Typically, a duplex home in Bangalore has a kitchen, a dining room, and two apartment blocks located side by side or on two floors with separate entrances. Although there are two floors, they are sold together and owned by the same person. A duplex house for sale in Bangalore usually has a kitchen, living room, and bedrooms on the lower floor, and a master bedroom on the upper floor.
The owner of a duplex house can rent out both or a single unit as well. It is mainly connected by an internal staircase. They are good investment opportunities and offer several advantages over apartments or villas. They provide a life experience similar to what you find in a home.
Different type of duplex home in Bangalore-
A duplex house can consist of apartment blocks designed side by side or on two floors. They are usually of 3 types and available in the following categories:
Standard duplex:– This is a two-story house, where the first floor is connected to the second floor by a staircase. On the ground floor there is a living room and a kitchen, and on the upper floors there are bedrooms and children rooms.
Low rise duplex:- This type has large balconies and a ceiling on the second floor. It is usually built in a smaller area compared to other types of duplex houses.
Low or Ground duplex:- These are houses built on the ground floors of the apartments, where the lower floors have a garden and contain bedrooms. The upper floor consists of a living room and a kitchen. This type of house is ideal for homeowners who prefer gardens.
Some best localities to buy a duplex home in Bangalore!
Bangalore has always been an attractive destination for both home buyers and developers. With lucrative options and bespoke budgets, the city is also one of the most popular cities for duplex homes. Some of the best localities to buy a duplex house in Bangalore are:
Tips before you consider a Duplex house for sale in Bangalore-
Cost of the House- Generally Duplexes cost more than single-family homes. Hence, you not only have to pay a higher percentage for the down payment, but the overall cost itself will be higher. So ensure you have enough capital to pay for this extra cost. So if you are planning to buy or rent a duplex house with many rooms, it will be very expensive.
Size or Layout- The number of bedrooms on each floor completely depends on the size of the house. If you buy a larger duplex, you get more rooms, and if you buy a smaller one, you get relatively fewer rooms. You can plan your duplex layout based on the number of rooms you need. Typically, a small two-story home has a living room, hall, and kitchen on the first floor and a bedroom on the second floor. The best thing is that you can customize the duplex to suit your needs and requirements.
Privacy- When you buy a duplex house and live on the same side (either down or up). Your tenants can come to you at any time with questions or concerns about your rental property. You can hear them through walls and they can potentially hear you. In simple words, a duplex house in Bangalore has less privacy.
Privacy/Confidentiality:- Everyone wants to live in a big house and more space and who doesn’t like a big space. A duplex house promises total comfort for its residents. The house plan has advanced features and large spaces that can include outdoor gardens.
Rental income opportunity:- One of the houses in the duplex can be rented out easily. This is especially beneficial if you have purchased a property on credit or loan. Since the rent you receive can be used to pay off the loan. The duplex house has a good resale value and appreciates faster, since the two units are well equipped with separate rooms and entrances.
Suitable for two families:- Duplex is a good option if you want to stay with your family, such as your grandparents. You can let your family or friends stay with you in one of the two units. Sometimes duplex house for sale in Bangalore are much more affordable compared to a single-family luxury home having same bedrooms and carpet area.
Share facilities easily:- You probably do not have access to facilities that are common in residential complexes, such as a tennis court or swimming pool. However living in a duplex means you only have to share the amenities and common space with some peoples, and not a whole group of people.
Office or work space:- With the trend of work from home, more and more home buyers are looking for a house which can provide them an additional space. For those buyers, duplex is a perfect option to consider. In a duplex house you have enough rooms which can used for your work or office space.
Disadvantages of buying a duplex home-
Maintenance responsibility:- As the owner of 2 floors the owner has to check the maintenance and repair work. If duplexes are not managed professionally, they may not guarantee you enjoyment and comfort.
Problem with tenants:- The relationship between landlord and tenant is delicate. If you share a property with another family, perhaps tenants, this can affect your privacy, which in some cases can cause controversy. This applies to any rental, be it a duplex or an apartment, it can be difficult to have an uninteresting neighbor. Understanding this will help you set expectations and hopefully help you avoid negative situations.
Sharing can be an issue:- In case of duplex house for sale in Bangalore, you are likely to share your yard and other amenities with your neighbor. This can be a problem if your neighbor uses too much of these areas or does not respect your space. So, it is best to consider all of these aspects when renting a duplex.
Duplex houses are more common in areas where there is a significant area of land. Most Indian cities have made room for skyscrapers due to the limited availability of land. Southern cities, especially parts of Bangalore, Hyderabad, and Kerala have duplex houses. These houses are suitable for roommates and families living in the same house who need a home-like environment. Duplex home in Bangalore also sometimes more affordable than single-family homes. So, they can be a smart way to live in a good area for less money.
Planning to invest in Yamuna Expressway? In this article we have shared some interesting facts which you should know before investing near Expressway.
Yamuna Expressway has evolved as one of the largest real estate hotspots in the last three years. It is proving to be one of the best choices for home buyers and investors. The six-lane 166 km expressway is the longest motorway in India. It has opened up a pristine area for economic development and expansion of the NCR region. For the past 1-2 years, several integrated warehouses, logistics hubs, and integrated townships have been developed here.
The Expressway has shortened travel time between Agra and New Delhi. It has unfold opportunities for industrial and urban development in the region and laid the foundation for convergence between tourism and other related industries. The Expressway stretches 166 km to Agra from Greater Noida through Aligarh and Mathura. Several projects are under development and approval of two metro routes, i.e, Noida City Center to Sector 62 and Noida City Center to Greater Noida, have led to extensive development in this zone.
With growth opportunities in mind, several leading developers are already taking advantage of the investment opportunity along the expressway. However, developments today may seem a bit slow. The new proposal for infrastructure development, including the metro, will give a new boost to the demand for residential properties.
Top 5 reasons to invest in Yamuna Expressway | Investing in Yamuna Expressway
Properties from reputed developers-
There are several housing projects along the Yamuna Expressway, built by leading developers. Gaurs, Ajnara, Skyline, Supertech, ATS, and Lotus are some of them. On average, you will find properties of different configurations in places like sectors 19, 22, 24, 25, 17A, and 22D on the expressway. Prices of affordable housing units at Yamuna Expressway starts from Rs 10 lakhs and Rs 2.25 crore for luxury projects. In the middle class category, there are several projects ranging from Rs 40 to 80 lakhs too.
Perfect Investment option-
According to a number of real estate experts, the Yamuna Expressway will become a popular place to live in the future. It will flourish once Jewar Airport is completed and metro connectivity is fully developed on this section. Jewar Airport once completed, will further increase the connectivity with Delhi and is perfect reasons to invest in Yamuna Expressway. The new infrastructure will emerge to connect the Jewar airport with Indira Gandhi International Airport. Yamuna Expressway Industrial Development Authority (YEIDA) has also revamped its master plan for 2031 to stimulate further development along the Expressway.
Yamuna Highway is an ideal place for potential real estate investments. It is one of the longest expressways with controlled access in India, directly connecting the metropolitan area of Noida with Agra thus increasing the prospects for neighboring regions. The area is witnessing a significant boom in property values due to the proposed Noida International Jewar airport. Another benefit of investing in Yamuna expressway projects is the highway runs through the main road of Yamuna. Thus it can benefit those traveling from Noida, Gaur Yamuna City, and Greater Noida.
Offers Seamless Connectivity-
The Yamuna Expressway to UP and Haryana areas and is connected to the Agra ring road. This further connects it with other regions of the NCR, such as Gurgaon, Sonipat, Manesar, Rohtak, Ghaziabad, Meerut, and Hapur. It also connects some major cities like Lucknow, Kanpur, and Gwalior shortening distances and travel times. Hence, connectivity is one of the main reasons to invest in Yamuna Expressway.
The Expressway offers a good proximity to basic amenities, such as schools, hotels, hospitals, etc. Future development on Yamuna Expressway includes the construction of an IT park, and a planned railway station. F1-track at Buddha International Circuit is another feature at Yamuna Highway. The UP government has also designated the Expressway as manufacturing hub of electronics. The Noida authorities have also planned a transport hub that will include various modes of transport, including an Inter State Bus Station and a Railway station.
Affordable Housing Hub-
Yamuna Expressway, considered an accessible location, currently filled with projects with a small number of units. However, the market share for 2 BHK units is really high compared to 1 and 3 BHK units. 1 BHK units are much smaller in size and account for about 18% of the market share. The area is dominated by 2 BHK units with 39% availability, followed by 3 BHK units with 33%. About 38% of Yamuna Expressway projects launched in the price range of Rs 3,000 to Rs 3,500 per square foot. About 18% of the projects in the price range of Rs 2,000 to 3,000 per square foot and Rs 3,500 to 4,000 square foot each. So, these are some of the reasons to invest in Yamuna Expressway.
In this article we have explained some of the reasons to invest in sector 93 Noida. So, if you are looking for a property for sale in sector 93 Noida, then read this article. Below we have mentioned some of the reasons which might affect your buying decision.
From connectivity to metro to robust physical and social infrastructure, Noida is currently one of the favorite destinations for home buyers. The area has become a center for residential and commercial development. More people are moving from densely populated cities to this place. As a future investment outlook for sector 93 Noida and Noida Extension, it is the focal point of affordable housing with a large supply. In addition, compared to other popular regions in the NCR, Noida is considered affordable for buying a flat or house. Several multinational companies have taken over commercial space here providing opportunities for both investors and end-users.
Sector 93 has better conditions and availability of significant housing and land. The area is close to some important employment and commercial centers. As a result, the maximum number of working professionals and business people are seeking real estate in sector 93.
The 93 sector is divided into two parts: Sector 93 (A) and 93 (B). Sector 93 (A) is a centrally located luxury residential market. The area offers 2, 3 and 4 BHK luxury apartments at prices varying from Rs 7,000 to 10,000 per. sqft. While Sector 93 (B) is relatively located further away from the expressway.
Reasons to invest in sector 93 Noida | Investing in Noida sector 93
Ideal from Investment viewpoint-
In terms of investment, the properties in Sector 93 Noida are good, as they offer a good rental income. The current rental value is between Rs 14,000 and Rs 21,000 for a 2 BHK apartment. The network of Metro Rail in Noida is expanding at a fast pace which makes it ideal for investment. With the opening of the Aqua metro line, the demand for properties for sale in Noida sector 93 has reached to astronomical heights. However, the area may soon see a price increase of five percent. If the state government considers a project to connect the expressway to Botanical Gardens via a metro line
Sector 93 offers a well-developed infrastructure. This includes the wide roads like Noida-Greater Noida Expressway, that provide excellent connectivity throughout the NCR region. Real estate prices in NCR have risen sharply in recent years. But Noida still offers investment opportunities at an affordable price. As a result, middle-class home buyers are also investing in Noida. Sector 93 has well-planned areas with a vision of good infrastructure development.
The sector 93 is located between the southern and southeastern parts of Noida. It is located along the Noida-Greater Noida Expressway, which has spurred growth in properties and opened opportunities for many builders. Some of the well-known and reliable developers like Unitech, Parsvnath, Omaxe, Purvanchal, etc have projects in this area. Proximity to Noida-Greater-Noida Expressway, has dramatically accelerated property development in sector 93 and has opened up opportunities for excellent builders.
Close to commercial hubs-
Another important factor in the decision to buy the flat in Noida sector 93 is easy access to many office buildings and commercial centers. Shopping malls attract the attention of a number of home buyers. Hence, its a key aspect in driving investment in this sector. There are many companies in the immediate vicinity of this sector, such as InfoEdge, Wealth Clinic, Matrix and Sify technologies, and Oracle.
A Growing Locality-
With affordable housing, efficient public transport networks, planned metro accessibility and major infrastructure projects, Noida sector 93 is growing rapidly. The prospects for real estate here are promising. As the region has recently experienced high demand for housing and continues to be a popular area for new housing openings.
When it comes to getting more appreciation for the money invested, people still believe in real estate. In general, people prefer to invest in real estate because of the higher profitability and minimal risk factor. Those with good savings and enough capital can choose this option for a long-term investment. Above we have explained some of the reasons to invest in sector 93 Noida. So, if you are also looking for a flat for sale in sector 93 Noida, you can visit our portal. We have over 100 properties listings in sector 93 and you can also contact agents.
Further if you have any query then feel free to contact us!
In this article we have discussed 4 simple reasons to invest in Dwarka Expressway. If you are considering investing in Dwarka Expressway real estate but confused whether it is worth it or not, then you will find this article relevant.
Dwarka is one of the most popular residential cities in Delhi that thrives with impeccable social infrastructure, affordability, and excellent connectivity. It is a well-planned city and offers every type of service to its residents. In recent years, the Dwarka real estate market has improved significantly and it is getting better day by day. Those who have invested in Dwarka, will have great benefits in the coming years. This area has developed a lot in recent years. It is still improving and will be even more favorable in upcoming years.
In today’s scenario, investing near the Dwarka Expressway is considered one of the best investment opportunities right now. The area offers several benefits for both investors and buyers. Delhi International Airport is close to the Expressway and also next to the Dwarka Metro. The area also offers connectivity to some important areas in Manesar and Noida.
The demand for properties near Dwarka Expressway is increasing at a fast pace. Also the property prices are expected to rise, according to real estate experts. There are many reasons why it is not only good for people living in Delhi but also for NCR and Haryana. In addition to connecting several roads in Delhi, this highway also connects many small towns in Haryana.
Why is Dwarka Expressway a good investment option in Delhi-NCR? | Reasons to invest in Dwarka Expressway
Under the new master plan, a well-constructed 100-meter-wide road will be built. The road will connect the area with the metro corridor and the proposed diplomatic enclave. The 18 km expressway runs alongside some special economic zones approaching Kherki Dhaula. This expressway shortens the travel times of passengers coming from West Delhi. It runs in parallel with NH-8 until it merges ahead of IFFCO Chowk.
Higher Appreciation rate-
Dwarka belongs to one of the most elegant and famous areas of Delhi and has good infrastructure as well. Properties in Dwarka, are the most convenient and have proximity to Delhi metro. Apart from metro connectivity it also has good public transport facilities as well. Dwarka also consists of a large number of reputed educational institutions as well. Hence, for investors this can be one of the reasons to invest in Dwarka Expressway.
According to various real estate experts, the demand for property in Dwarka has grown by 6% within a year. The current price trend in Dwarka shows a positive signal for investors or home buyers. However before investing in Dwarka expressway one should have proper real estate knowledge of price trends. Otherwise they won’t be able to make the right profit when buying and selling real estate.
The main motive for constructing the new expressway was to reduce the NH-8’s traffic during peak times. As a significant part of the workforce in Gurgaon’s office centers comes from Delhi. For daily commuters it is one of the best reasons to invest in Dwarka Expressway. The Dwarka Expressway offers easy flow and traffic and helps in ensuring a smooth commuting between the two districts. The Expressway will ease congestion on the Delhi-Gurgaon Expressway and highways that have experienced heavy traffic, mainly due to residents of West Delhi. Approximately 40,000 vehicles will be relocated to the new expressway, which will improve traffic flow on Sohna Road and Golf Course Road.
This section is 18 km long and 150 meters wide. Sectors 81-115 have developed throughout its length with sectors dedicated to housing projects, shopping malls and utilities. Dwarka Expressway literally has low pollution levels and feels like a breath of fresh air. With its low population density, the right combination of urban planning, aesthetic and ecological design and additional greenery, it has become a promising investment destination.Conclusion-
So, these are some reasons to invest in Dwarka Expressway. It is a growing area and it will definitely gives you good return on investment in future. Sometimes it can be challenging to estimate the exact cost of buying a property near Dwarka Expressway. Therefore, before buying a property, one should consult to real estate experts.
Consulting an agent helps you in planning your budget accordingly. Tax implications can be difficult to analyze in a real estate transaction. If you buy a flat in Dwarka Expressway for investment purpose then ensure you are comfortable paying EMI even if there is no rental income from the property. Before buying real estate, you should also analyze the extent of the income from it. In addition, you must also calculate the risks associated with the property.
If you have any query then feel free to contact us!
Planning to invest in Hinjewadi, Pune? But wondering whether it’s worth investing in? When it comes to investing in Hinjewadi, buyers often face a dilemma, as Pune has several thriving localities. So, to make things easier for you we have described the 7 amazing reasons to invest in Hinjewadi.
Hinjewadi is one of the fastest-growing cities and is highly regarded as the state economic center. Generally, it is considered to be a prominent and well-known location for the IT sector throughout India. Today it is one of the most popular real estate centers in the city along with Wakad, Balevadi, Kothrud, Aundh, and Baner.
Due to its continuous development, investing in properties in Hinjewadi can fetch you a good amount of returns. Also, it is considered one of the largest IT centers in Pune and ideal for real estate investments. Apart from high returns, there are several other reasons why the area is suitable for real estate investment. Below we explain the reasons to invest in Hinjewadi or the benefits of investing in Hinjewadi.
Why should you invest in Hinjewadi? | Reasons to invest in Hinjewadi
1- INFRASTRUCTURE dEVELOPMENT | Connectivity
The area offers connectivity to the other localities in Pune and IT institutions situated in Baner and Aundh. Hinjewadi also has proximity to two most popular highways i.e, Mumbai-Pune Expressway and Pune-Bangalore Bypass. The area also offers rich green areas and natural beauty as well as ample opportunities for high return on investment. The area consists of some well known hospitals including Lata Mangeshkar Hospital, Medpoint, Sahyadri Hospital, and Aundh Chest Hospital.
2- Profitable Deal
Real estate considered one of the smartest and reliable investments after gold. However, in the case of real estate, it is crucial to invest in the right place at the right time. Talking about the present scenario of Hinjewadi, it is absolutely an ideal destination for property investment. The area is witnessing high economic and infrastructure development and is one of the reasons to invest in Hinjewadi. It offers a pretty good price appreciation and you can definitely expect a higher return on investment in the future.
3- Education and Commercial Institutions
The presence of educational institutions plays important role in determining the demand of real estate in an area. Hinjewadi also known as an education center because there are many national, international schools and universities around it. Recently, many business schools, law colleges, engineering and art colleges have opened here. As a result, you can see a crowd of students from different parts of India. Some of them settle here with their families as they get permanent jobs after higher education. Ultimately, results in a surge in the demand for housing sector. Some notable educational institutions here include Indira College, Sinhgad College, MIT, and parts of Pune University.
No doubt Hinjewadi is an ideal destination for people looking for passive or rental income source. Rental incomes can be one of the reasons to invest in Hinjewadi. Both commercial and residential real estate segments can fetch you good rental incomes. Many companies looking for office space and working professionals looking for rental apartments for themselves and their families. Hence, both commercial and residential sectors are in great demand.
5- Excellent Growth Potential
Another advantageous aspect of real estate investing in Hinjewadi is that it has a high growth potential. Several business centers want to expand their office in Hinjewadi, ultimately creating more employment opportunities. This will lead to the immigration of potential buyers from different parts of the country. As a result, increasing the demand for real estate in the upcoming year.
6- Prominent Business Parks
There are several business centers located in Hinjewadi with office space and with highly developed infrastructure. Several leading MNC companies have offices here, resulting in an increase in employment, which in turn has led to an increase in demand for residential properties. Some prominent IT parks include Quadron Business Park, Embassy Techzone, and Blueridge. Hinjewadi also well connected with other parts of the city, close to the Pimpri-Pune railway junction and Pune airport.
7- Varied Housing Options
Hinjewadi offers a varied range of housing options to investors as well as end-users. There are apartments, bungalows, townships, villas which are also built for residential purposes only. The price of an apartment in Hinjewadi varies from Rs 4,200 to 6,800 per sqft. There are many residential properties in different segments including luxury and affordable properties for living and investment purposes. So, these are some reasons to invest in Hinjewadi . Further if you have any query or doubt, then feel free to contact us!
In this article we have discussed the 6 incredible benefits of investing in Panvel. If you are considering investing in Panvel real estate but concerned whether it is worth it, please go through the below pointers. The benefits discussed in this article are based on feedback from builders, brokers and clients living in Panvel.
The Panvel residential market has witnessed a significant growth in the past few years. The area offers a wide range of real estate investment opportunities. Properties in Navi Mumbai are really modern and known for luxury living. Of all the locations in Navi Mumbai, Panvel is the hotspot for the real estate boom. It offers a mix of fresh and spectacular scenery, robust infrastructure, connectivity and more! Here are some of the reasons to invest in Panvel real estate.
The 6 amazing Benefits of investing in Panvel
Panvel is 40 km from Mumbai and falls in the Raigad district. It has proximity to Thane and Navi Mumbai, two well-planned cities with robust infrastructure and attracts a lot of attention due to its proximity to major upcoming infrastructure projects. It is highly regarded for its connectivity as it is the intersection of various highways including Sion-Panvel Expressway, Mumbai-Pune Highway, National Highways 66, 4 and 4B.
The railway department is also executing crucial tasks in Panvel, and Panvel’s CST high-speed rail corridor is seen as an important game changer. As it will significantly reduce travel time and improve the overall transport connectivity of this region. Also the long awaited Navi Mumbai International Airport is very close. The new airport expected to be operational by the end of 2021. It also includes the project NAINA – Navi Mumbai Airport Notified Influence Area, developed by CIDCO. Another project that is attracting more investors to Panvel is a corridor of over 100 km from Alibaug to Virar.
One of the main benefits of investing in Panvel is the seamless connectivity to other areas of Mumbai. It is well connected to the major localities nearby, thanks to its amazing rail/road connectivity. The area also connected to the western and eastern highways and also in the center of Konkan, which can easily connect to other countries.
Connectivity of Mumbai Pune Expressway and Sion-Panvel exit further improves the reach to Panvel. As such, these roads provide easy access to all parts of Mumbai, making Panvel a great place to invest in real estate.
Real estate is considered one of the smartest and most reliable investments. However in the case of real estate investing in the right position at the right time is very crucial. Otherwise you won’t get the desired output or profit. In terms of profit there are many benefits of investing in Panvel. When buying a property, the amount of potential major infrastructural and economic improvements in that location should be considered. Nowadays, it is profitable to buy a new home somewhere like Panvel where you can expect a better return on investment in the future.
4 Less Traffic Hustle-
Panvel is a well-structured and well-planned place as a result people can move without any hustle even during peak rush hour. Since two decades, it has witnessed an amazing social and physical infrastructure growth. Although the recent breakthrough came later than Thane, making it an excellent investment destination.
5 Educational Institutes
Panvel has well-known educational institutions as well as many famous schools and colleges. The presence of prestigious schools and colleges are one of the benefits of investing in Panvel. Some of the most prominent educational institutions are Mahatma School of Academic Sciences and Sports, New Horizon Public School, Media Studies and Research and St. Joseph High School.
6 Less Pollution
Low pollution is one of the main reasons to invest in Panvel. It is the perfect place for those who want to live in peace, who want to enjoy landscapes and greenery. It offers accommodation at very reasonable prices compared to Mumbai and has both affordable and luxury homes. Also the level of pollution very low in Panvel compared to other areas thus, making it the most desirable place to invest in a home.
When buying a property you should consider the amount of potential major infrastructural and economic improvements in that location. One should definitely consider Panvel, as the benefits of investing in Panvel are many. It is already a well planned city and has most of the amenities ideal for a perfect living. There are many banks, gyms, popular restaurants, clubs, amusement parks, shopping malls, etc. It also has some well-known and famous educational institutions. Considering all these factors, Panvel is definitely going to be one of the best areas to invest in real estate.
Looking for the best area to buy flat in Pune 2021? Confused which is the best area to invest in Pune? In this article, we have discussed the top 10 areas or localities which are perfect for buying an apartment in Pune.
Maharashtra has been a pioneer in the effective implementation of RERA, thereby creating positive momentum in the real estate industry and increasing consumer interest. This has been a huge boost in the Pune real estate market supported by new transparency and accountability. The Pune housing market has preserved its momentum, even under difficult economic conditions. According to research, in recent years Pune has become one of the most efficient residential real estate markets.
It has gained a reputation as one of the most popular places to live after retirement. In addition to retirement, this city is desirable for living. So, if you are planning to settle in Pune, this article is for you. We have selected some of the best area to invest in Pune based on feedback from residents, proximity to major social centers, career centers, and proximity to airport and railway stations.
Best area to buy flat in Pune | Best Locality to buy flat in Pune 2021
Baner is located in the northwest of Pune and is a residential and commercial city just off the Mumbai Highway. Its nearby places are Balewadi, Pashan, Mahalunge, Aundh, Sus. Housing demand is primarily driven by professionals working in Baner-based software companies and other nearby employment centers, such as Rajiv Gandhi Infotech Park located in Hinjewadi.
Connectivity- The city has road links via Baner Road, Mumbai Highway (NH-48), and Pashan-Sus Road. It has a good public transport system that connects it with other areas of Pune. Pune Junction Station and Pune International Airport are 12 km and 18 km and can be reached within an hour. In addition, the planned 23.3 km of metro line 3 (Hinjewadi Phase III – Civil Law) would further increase connectivity in the region and improve the overall infrastructure.
Rajiv Gandhi Infotech Park is closely linked with Baner, a large 3-phase employment center in Hinjewadi. Therefore makes it the best area to buy flat in Pune. It has the presence of different IT / ITeS & BPO units together with some biotechnology and car companies. The main companies here are Cognizant, Infosys, Wipro Technologies, Tata Consultancy Services, Capgemini, etc.
Price of flat in Baner – The price of an apartment or flat in Baner starts from Rs 6,000/sq ft and goes up to Rs 9,400 per sq ft.
Viman Nagar got its name because of its connectivity to Pune Airport, which is only half a kilometer from the city. It is also considered as one of the posh localities in Pune, with areas like Mhada Colony and Kargil Vijay Nagar. It is surrounded by Pune Airport to the north, Sanjay Park to the west, Kargil Vijay Nagar to the south, and Tata Nagar to the east.
Connectivity:- The city is well connected to the rest of the localities in Pune through the Pune-Ahmedabad highway. Pune railway station is situated just 8 km from the city. Viman Nagar has close proximity to Pune International Airport. It is just 0.5 km away which makes it best area to invest in Pune. The upcoming Ramwadi metro station on line 2 of the MahaMetro line expected to open in 2023, would further improve the connectivity of this area. Koregaon Park, Kharadi, Tingre Nagar, Mudhva, are some of the nearby employment areas, which are 5 to 10 km from Viman Nagar. Proximity to these areas makes it the best area to buy flat in Pune. Generally, most of the retail markets and office space are situated on main roads like Samrat Ashok Road, Symbiosis Road, and Viman Nagar.
Price of flat in Viman Nagar. The price of an apartment or flat in Viman Nagar starts from Rs 6,700/sq ft and goes up to Rs 10,200 per sq ft.
Hinjewadi is one of the largest IT centers in Pune and also the most popular real estate center in the city today. It offers a number of investment opportunities in premium and middle-class housing projects and therefore best area to invest in Pune. The area offers excellent connectivity to the Baner, Hinjewadi, and Aundh IT parks. As well as the Pune-Bangalore ring road and the Mumbai-Pune highway.
Connectivity:- The government has proposed a metro line between Hinjewadi and Shivajinagar which reduces traffic during peak hours. Hinjewadi is extremely safe as there are CCTV cameras everywhere. It has some well-known educational institutions like Euro Kids and Indira School of Career Studies. The area offers excellent connectivity to Mumbai, Bangalore, and other central Pune areas via the Mumbai-Pune Expressway and Pune-Bangalore bypass. Pune Airport is 25 km away from the Hinjewadi Aundh highway. Thus, makes it the best area to buy flat in Pune. It has some well-known IT parks like Rajiv Gandhi IT Park, Embassy Techzone. Quadron Business Park, and Blueridge that attract IT professionals from all over India.
Price of flat in Hinjewadi. The price of an apartment or flat in Hinjewadi starts from Rs 4,600/sq ft and goes up to Rs 6,800 per sq ft.
Another very notable place for housing is Kharadi. Kharadi is located east of Pune on the banks of the Mula Mutha River. It is located on the ring road that connects the Pune-Solapur National Highway with the Mumbai-Ahmednagar Highway. Public transport is not a problem and there are numerous public buses running in the area. It is a very beautiful place and one of the best area to invest in Pune. You can find all modes of transportation from this part of the city to any major industrial area in the city.
Connectivity:- Kharadi is close to the airport and major residential areas such as Cyber City and Koregaon Parkbut. Also, it has excellent road links that make the city easily accessible to all major parts of Pune. Kharadi is Pune’s upcoming IT hub supported by a fast-growing micro-market across multiple industries, including IT, hospitality, education, and retail. It borders important locations such as Kalyani Nagar, Mundhwa, Viman Nagar, Wagholi, Hadapsar, and Koregaon Park. IT parks like WTC, Zensar, and EON are the main attractions in this region which make it best area to buy flat in Pune. The infrastructure in Kharadi is really good and it has some well-known hospitals as well.
Priceof flat in Kharadi. Affordable housing is available in Kharadi, making it perfect for both home buyers and investors. If you want to sell property in Pune, this area is the best option for you. Also, it is one of the best rental markets in Pune and fetches a good amount of income for you. The price of a flat in Kharadi starts from Rs 5,700/sq ft and goes up to Rs 8,500 per sq ft.
Undri has become a one-stop destination for builders with high-level projects. One of the benefits of this region is its amazing links through city roads and highways. Although Undri has far surpassed our notions in recent years, it still retains its natural beauty. With MIDC in Hadapsar Industrial Zone and Swami Vivekananda Industrial Zone in Handewadi, it has become best area to invest in Pune. Small and large companies have been established ranging from automobiles, electronics, biotechnology, chemistry, pharmaceuticals, textiles, etc.
Connectivity:- Nearby localities include Purandar taluka in the east, Velhe taluka in the west, Pune taluka in the north, and Pimpri-Chinchwad in the south. The Mumbai-Pune ring road is easily accessible from Undri, and the NH-9 is just 7 km away and makes it the best area to buy flat in Pune.
The airport is just 12 km away and the nearest railway station is situated at a distance of 8 km. Undri has some big malls like Seasons Mall and Dorabjee’s Mall. Mumbai-Bangalore Highway, Pune-Saswad Highway, Mumbai-Hyderabad Highway, and NIBM Highway are the main life trails in this region. Pune Junction and Hadapsar railway station can be reached by train and can be reached from Undri in 20 minutes. The proposed Greenfield International Airport in Saswad Purandara will be about 22 km from Undri.
Price of flat in Undri. The price of an apartment or flat in Undri starts from Rs 4,000/sq ft and goes up to Rs 6,100 per sq ft.
Hadapsar is located east of Pune and is one of the best and most developed cities in Pune and the best place to stay for the whole family. Hadapsar, the center of IT in Pune, has undergone a huge transformation. There were once farms in Hadapsar, but now it has undergone radical changes. Corporate companies like TCS, IBM, Accenture, and SAS, to name a few, have offices here. The town of Magarpatta and Fursungi IT Park are famous names in the region. From a housing perspective, there are many entertainment and recreational facilities, and real estate development makes it an ideal place for living.
Connectivity:- Hadapsar connected to major cities such as Nagpur and Mumbai via NH 9 and NH 27. The railway station is only 4.0 km from Hadapsar and the airport is 14 km away. Hadapsar used to be little more than agricultural land. But now it has become the city’s IT center which makes it an ideal or best area to invest in Pune.
Price of flat in Hadapsar. The price of a flat in Hadapsar starts from Rs 5,300/sq ft and goes up to Rs 9,000 per sq ft.
People looking for a new home can easily choose the Balewadi region when they have budget constraints. Balewadi has the most affordable houses in their class and you can easily find a home for both family and solo person.
Connectivity:- Balewadi is a northwestern suburb of Pune, located on the outskirts of the old town. It is famous for the location of the Shiv Chhatrapati sports complex. Balewadi is very close to the Baner, Aundh, and Mumbai-Pune Expressway. Therefore, real estate in Balewadi is highly desirable and is best area to buy flat in Pune.
Price of flat in Balewadi. The price of an apartment or flat in Balewadi starts from Rs 6,000/sq ft and goes up to Rs 8,900 per sq ft.
Kondhwa is one of the oldest southeast colonies of Pune. It is one of the most recently built residential areas and the fastest growing suburb of Pune. Kondhwa has connectivity to Pune Railway Station, Baner Airport, etc.
Connectivity:- NIBM Road, a 3.5 km stretch that connects Kondhwa Road with the Katraj-Hadapsar city road, will become a potential destination for investors. Good transport connectivity, planned surroundings, and the availability of all kinds of necessary infrastructure promote the demand for real estate here. This in turn affected property prices in the area, which took a bullish move and makes it the best area to invest in Pune.
Price of flat in Kondhwa. The price of an apartment or flat in Kondhwa starts from Rs 4,500/sq ft and goes up to Rs 7,100 per sq ft.
Mundhwa is an east area of Pune. It is bounded by the Mula River to the north, Manjri to the east, Ghorpadi to the west, and Hadapsar to the south. This is the ideal place for new buyers looking for cheap or affordable housing options. Located on the outskirts, but at the same time very well connected, which makes it an ideal destination for home buyers.
Connectivity:- Mundhwa considered an affordable investment destination in Pune. It is close to most IT parks and is still located between the Manjiri Green Area in the east and Ghorpadi in the west. Mundhwa has a number of options when it comes to real estate. It is the best area to buy flat in Pune for people living near Manjiri Green Area. The locality has everything from apartments to mansions, villas, and independent houses.
Price of flat in Mundhwa.Property prices in Mundhwa are quite affordable these days. The price of an apartment or flat in Mundhwa starts from Rs 5,100/sq ft and goes up to Rs 7,500 per sq ft.
NIBM Road in Pune has become one of the most suitable places to live in Pune. It is famous not only for homebuyers but also for the rental community. The factors that determine its popularity range from solid infrastructure to competitive housing. Wide connectivity to the popular areas of Hadapsar, Magarpatta, Kondhwa, and Kalyani Nagar as well as many modern conveniences and infrastructure.
Connectivity:- Although NIBM does not have its own IT center, it provides easy access to nearby technology parks. For example, Magarpatta IT Park is 8 km from NIBM along Solapur Road. Some of the global giants in Magarpatta IT Park include HCL Technologies, Capgemini, Mphasis, and New York Mellon. In addition, NIBM also offers unobstructed connectivity to Hadapsar via Vitthal Rao Shivarkar Street and Mumbai Highway. It has many manufacturing companies and IT professionals. Such as Serum Institute of India Pvt.Ltd, Maruti, IB Automation, Kirloskar Pneumatic Company Ltd. Presence of MNC companies makes it an ideal or best area to invest in Pune.
Price of flat in NIBM Road. The price of an apartment or flat in NIBM Road starts from Rs 5,200/sq ft and goes up to Rs 7,700 per sq ft.
In this article, we have described some best area to buy flat in Pune. The price of flats stated in this article is based on research and may differ from the actual one. You should always invest your money considering your budget and requirements. Also, the ongoing pandemic has disrupted or changed the plans of both home buyers and investors. As the ever-increasing prices in these areas show. Property prices here are likely to improve in the future following the execution of several major infrastructure projects.
Looking for the best area to buy flat in Noida? There are various residential sectors in Noida, and often people face a dilemma when choosing the best one. In this article, we have described the 6 best localities that are ideal for living in Noida.
Noida is considered as one of the most affordable areas in NCR for home purchase. The city is experiencing rapid real estate development and offers opportunities for both home buyers and investors. From the metro to world-class physical and social infrastructure, Noida is currently one of the favorite destinations for home buyers.
Affordable housing prices and good connectivity have been key factors in the popular demand of Noida and Greater Noida in recent years. Accessibility and cost-effectiveness in homes supply are also responsible for the popular demand for flats. Getting to Noida has always been a good decision for both investors and home buyers. Here are the 6 best area or localities to buy flat in Noida.
List of top or best area to buy flat in Noida-
1- Noida Sector 137
Sector 137 is a well-planned residential sector in Noida and is one of the most popular localities for various reasons. Here, several residential projects have emerged that offer spacious homes at a reasonable price. Most of the residents here are professionals working in and around Noida. It is adjacent to popular localities like sectors 142, 141, 135, and 136.
Connectivity- Sector 137 is located next to the NGN Expressway providing good connectivity to other areas of Delhi. It is located approx.12 km from the Mahamaya Flyover. It also has connectivity to Aqua Line metro, proximity to the Noida-Greater-Noida Expressway, new facilities with world-class amenities, and excellent infrastructure. Sector 137 is well linked by the FNG Expressway, which connects the city with Faridabad, Noida, and Gurgaon.
Property price- The price of an apartment or flat in Noida sector 137 starts from Rs 3,800/sq ft and goes upto Rs 5,910 per sq ft. The average price is approximately Rs 4,800/sq ft. Check out:- flats for sale in noida sector 137
2- Sector 150
Located at the intersection of Yamuna Expressway and Noida-Greater Noida Expressway.The area is witnessing massive property development and has become one of the best area to buy flat in Noida. Several major real estate brands are launching their projects in the area. Sector 150 is about 9 Km from Pari Chowk.
Due to its strategic location and presence of prominent and reliable developers, sector 150 has become a great real estate investment hotspot. Presence of reliable developers and strategic location makes it an ideal place for real estate investment.
Connectivity- Sector 150 is connected to Noida and then to Delhi via Noida Expressway and Greater Noida via Yamuna Expressway. The nearest metro station from here is Sector 148 which lies on the Aqua Line of Noida Metro. It has proximity to various well-known IT parks like Knowledge Park, Stellar Business Park, Unitech Infospace, and other industrial facilities.
Property Price- The price of an apartment or flat in Noida sector 150 starts from Rs 4,900/sq ft and goes upto Rs 6,920 per sq ft. The average price is approximately Rs 5,900/sq ft. Check out:- flats for sale in noida sector 150
Sector 50 is one of Noida’s elegant areas, where some of the most expensive properties are available for investment. Part of this sector has several multi-storey residential projects that offer apartments in different price ranges. Close to the major commercial markets, sector 50 is one of the best choices for tenants working in Noida Electronic City, thanks to the best infrastructure and greenery. So, it is the best area to buy flat in Noida for people working near the electronic city.
Connectivity- The area has connectivity to City Center Metro Station and Logix City Center Shopping Mall. Sector 50 has its metro station on the blue line and is well connected to Greater Noida, Ghaziabad, and Gurgaon. The locality has large green areas and the roads are well-developed. Stations like City Center metro station and Golf Course road have proximity to this sector. The famous commercial and institutional sectors like sector 62, 63, 65, Noida expressway, and Film city are 7-10 km away. And can be reachable in 20-30 minutes.
Property Price- The price of an apartment or flat in sector 50 starts from Rs 5,200/sq ft and goes upto Rs 8,400 per sq ft. The average price is approximately Rs 6,800/sq ft. Check out:- flats for sale in noida sector 50
4- Sector 75
With several new units available, sector 75 has become the fast-developing Real Estate Hub. This locality has gained prominence amongst those homebuyers who don’t want to move towards Noida-Greater Noida Expressway. Blueline metro connectivity makes it an attractive area for both home buyers and investors. It also has proximity to several entertainment hubs like Logix City Centre mall, DLF mall of India, and Galleria.
Connectivity- The area has moderate public transport connectivity and good social and physical infrastructure. Sector 75 has proximity to NH-24 highway, DND Flyover, Yamuna Expressway, and FNG Expressway. Ghaziabad Railway Station and Indira Gandhi International Airport are 15 km and 37 km away from this area. Proximity to several roads and highways makes it the best area to buy flat in Noida.
The city has a sector 50 metro station that connects it with some of Noida’s largest shopping malls and to the Film City & Sector 18. The newly growing regions of Greater Noida are also easily reachable within 15- 30 minutes from the area.
Property Price- The price of an apartment or flat in sector 75 starts from Rs 4,300/sq ft and goes upto Rs 6,500 per sq ft. The average price is approximately Rs 5,400/sq ft. Check out:- flats for sale in noida sector 75
5- Noida Extension
It is a growing real estate hotspot surrounded by Ghaziabad and parts of Greater Noida. The area is developing rapidly and is famous for its affordable property prices. A key factor that strongly influences the growth of housing in Noida Extension is its good connectivity with Ghaziabad, Greater Noida, and New Delhi. The area has become a commercial hub thanks to the presence of large companies. This is a well-planned residential complex that provides a comfortable life for the residents.
All well-known residential developments such as Gaur City, Stellar Jeevan, Nirala Greenshire, and Eco Village 1 and 2, are easily located just 2-3 km away from Kisan Chowk. The locality has several options and a variety of affordable housing options and therefore makes it the best area to buy flat in Noida.
Connectivity- Bisrakh Road, Greater Noida Link Road, and Vikas Marg are the main roads in this locality. In addition, the approved phase 2 of the Noida metro (Sector 71 – Knowledge Park 5) will further boost the connectivity of this locality. It is well connected with several most important business avenues. Within 20-30 minutes you can reach IT parks and office space located in sector 62, 60, 57, 59, 58, etc. Ecotech II and Ecotech III are important industrial centers located only 10-20 minutes from the Noida Extension.
Property Price- The price of an apartment or flat in Noida Extension starts from Rs 3,200/sq ft and goes upto Rs 4,460 per sq ft. The average price is approximately Rs 3,800/sq ft. Check out:- flats for sale in noida extension
6- Sector 128, Noida Expressway-
Sector 128, strategically located along the Noida Highway, is a large and well-planned sector. It has a designated green area and a large public park. The sector is known for its popular city project, Jaypee Wish Town, which consists of several apartment buildings with excellent facilities. It is the best area to buy flat in Noida for those who want quick connectivity to the expressway.
Connectivity- The roads that play a major contribution are Sardar Vallabh Bhai Patel Marg and Noida Expressway. These roads connect sector 128 to other sectors. In addition sector 128 well-connected to the DND flyway and Mayur Vihar flyover. It has proximity to IGI airport and Hazrat Nizamuddin railway station. The IGI airport almost 30 km away whereas the Hazrat Nizamuddin railway station can be reached in a half-hour drive.
Neighboring sectors such as sectors 132, 127, 126, and 125 are important institutional sectors. They have well-known towers like Tech Boulevard, HCL Corporate Campus, Lotus Business Park, Logix Techno Park, Windsor IT Park, and Express Trade Tower. Key business centers, IT parks of Noida Expressway are close to sector 128.
Property Price- The price of an apartment or flat in sector 128 starts from Rs 4,470/sq ft and goes upto Rs 7,700 per sq ft. The average price is approximately Rs 6,100/sq ft. Check out:- flats for sale in noida sector 128
Noida’s infrastructure is developing at a rapid pace and regular government control on the metro project will surely improve the city’s overall connectivity. In this article, we have discussed the 6 best area to buy flat in Noida. All the areas described in this article are very popular and have good connectivity. You should always choose a location based on your budget, proximity to the workplace, and lifestyle preferences. The price of flats stated in this article may differ from the actual price. Further if you have any query or doubt, then feel free to contact us!
NRIs (non-resident Indians) play a vital role in the development of real estate in India. However they face problems in selling their properties in India. Some useful tips are provided to reduce sale tax liability.
NRI faces Sales Tax Liability in Selling of their Real Estate Property.
Before selling the property an NRI must be aware of some basic rules and regulations which govern the sale of any property in India.
How can you make a successful purchase of resale property? Do you purchase resale property as an option of investment? These tips will help you invest/ purchase wisely on resale property.
Useful Tips for Resale Property Purchase
Your decision to purchase resale property must be supported by your purpose of purchase. Your purchasing purpose is of greater priority and importance.
Probably when you consider purchasing a property to settle down, then you have to consider the proximity to office site, close educational institutions needed for your children’s education, and so on. The area’s growth is not as mattered highly as your convenience is. Continue reading →
When the right time to enter into realty is is a kind of intuitive decision and can’t actually be described in words- it is more or less based on judgment considering the past facts. As per the present scenario, it would be good for the small investors to wait for around 8 to 1o months if they plan to invest in certain areas within larger cities like Mumbai since a correction is expected there in the midterm.
However, if planning to invest in other cities, the right time would probably be now. Since this view is always subjective, one must study the local market and inquire into the expected dynamics and prevalent there.
A proper measure is affordability. Since realty is not a one day investment, one should plan well his wealth and then invest into the market. Also, taking a back seat and using the policy of ‘wait and watch’ should be a game of experts, who on one hand hope for the profit, do have the bravery to bear loss, if any.
This graphical demo will show you the simple steps to post a property listing on PropertyWala.com Please click the Play icon below to start the demo video.
* The video may take time to load on slow connections.
After viewing the demo video, click here to post your property listing now!
This graphical demo will show you the simple steps to register for a PropertyWala.com account and verify your contact information. Please click the Play icon below to start the demo video.
* The video may take time to load on slow connections.
For investment or end-use purposes, either ways real estate is an asset class that has rapidly captured the imagination of families in India. Buying property is an integral part of financial planning for any family. For instance, perplexing to the lay person. Here is a glossary of most frequently used terms in the industry so that you are not at all a handicap when buying property in India. in the medical or legal professions, real estate also has its own vocabulary, much of which can be perplexing to the lay person. Here is a glossary of most frequently used terms in the industry so that you are not at all a handicap when buying property in India.
Built-up area: Built-up area denotes to the entire area of the floor including carpet area, walls, lobbies and corridors, atrium areas and basement. Always, check with your builder/agent on what concept they are using. In Mumbai, the basement, staircase, lift, and utility rooms like generator and electricity rooms are also taken as built-up area. In Delhi, the lift areas and staircase areas are included in the built-up area. In Chennai, the basement and atrium areas are excluded whereas in Bangalore, only basement is not included in the built up area.
Carpet area: The actual usable area within the walls of the floor is Carpet area.
Super area: This is as a rule regards to the entire area of the building which includes carpet area, lobbies and corridors, walls, lifts, staircases basements, and other atrium and utility areas. In Mumbai, the area under water tanks and other utility rooms are included in the super areas. In Delhi, the basement is excluded in super area unless it is being used for commercial purposes. In Chennai, the basement and atrium areas are included in the super areas and in Bangalore, the basement is not included in the super area.
Efficiency ratio: Efficiency ratio is expressed as a share of carpet to super areas of the property.
Floor Space Index (FSI): Floor Space Index is the quotient of the ratio of the combined gross floor area of all floors excepting areas specifically exempted under these regulations to the total area of the plot.
Maintenance charges: These are charges taken by the maintenance society towards the maintenance of the property which includes costs of generator sets, security, landscaping, and common areas.
Market value: Valuation process evaluates the market value of the property. Demand and supply forces in the market and factors like type of property, quality and construction, its location, infrastructure and available maintenance are taken into consideration. Market value of the property is the price that the property commands in the open market.
Stamp duty: Real Estate Stamp duty is a type of tax accumulation by the Government of India. Stamp duty is established the agreement value or on the market value whichever is greater.
Sale deed: Sale deed provides the buyer the absolute and undisputed ownership of the property. With this law, the seller transfers his right of property to the buyer. Subsequently, it is executed to the execution of the sale agreement and after compliance of various terms and conditions detailed in the agreement.
Registration charges: The fees associated with getting the legal title registered in your name. This legal process takes place in the sub-registrar’s office in your local court.
In addition to the above, the following terms are normally used in the commercial real estate market and value getting familiar with, if you are consider to buy commercial place.
Common Area Maintenance (CAM): Common areas include hallways, pathways and utilities. CAM fees are accumulation by the landlords from the tenants to cover maintenance, property taxes and insurance in the case of Triple Net Lease.
Cap rate: Cap rate denotes to the capitalization rate. Capitalization rate is the restitution on investment on the property. The Capitalization rate is measured by the formula: Purchase Price / Net Operating Income from the Property.
Cash on cash: The yearly percentage return of your down payment not including appreciation. It is the first year’s cash flow divided by your initial down payment.
CPI: The Consumer Price Index is used to account the yearly rental increase so as to pay for inflation.
Full service lease: A Lease where the tenant pays rent to cover everything including utilities.
Gross lease: A Lease where the tenant only pays the rent and the landlord pays the taxes, insurance and maintenance.
Gross Leasable Area (GLA): The Gross Leasable Area or the total rentable area is the area which can be rented out for rental income. Itn’t include space for elevators, utilities room etc. does
Letter of Intent (LOI): The Letter Of Intent is a non-binding offer letter to buy a commercial place.
Mixed use: It is commercial properties with retail on the first floor and apartments on upper floors. Mixed use is the use of commercial and residential simultaneously.
Net Operating Income (NOI): Net Operating Income is the annual income after deduction of expenses like property tax, insurance, and maintenance but mortgage payments are exceptional.
Percentage lease: Percentage Lease is a lease where the tenant has to pay base rent plus a percentage of the tenant’s revenue.
If there is any real estate term that you are confuse of always check and verify. It is always better to ensure that you and the other party are working on the same understandings.
The users looking for buying or taking on Rent/Lease any Commercial or Residential properties from owners, Builders/Developers or Dealers can utilize the services of propertyWala for getting them their desired choice of property at a reasonable price/rent.
Your requirement of property can be searched by using this facility to see the results of properties already posted by them. You will be able to see the property details to include layout/sketches, photographs, maps and videos (if posted by the seller) of the properties.
If your desired property is not available the requirement can be posted for reference of the users who may post their properties in future. Whenever any property matching your requirement is posted here, the information will be sent to you instantly through Email & SMS alert. Please follow these simple and easy steps to search for property for buying/taking on rent through propertyWala.com :-
After you have decided on your requirement you can perform search activity by using Buy/Rent tabs in the Buyerssection on the Left half of the home page.
You need to select:
The purpose Buy/Rent the property.
The Property Type you are looking for eg: Apartment, Hostel, Showroom and Shop etc.
The Price Range to suit your budget.
The person Broker, Builders Owner or Any (This covers all choices) whose property you would like to purchase.
click on “search” and you will get the results posted as per your choice.
Analyse and Contact the seller/dealer of the Properties Matching Your Requirement
Search results will provide you all relevant information regarding the property. You can go through the details and contact the seller of the property of your choice. Details of the Property
By clicking on the Title of the Property you can get all the details regarding the property like picture of the property, internal and external details of the properties etc. You can also get the contact details of the owner who posted the property. Contacting the Owner of the Property When you get the property of your choice, you can contact the owner of the property directly through the details provided on this site. If you wish to know more about the property you are interested in, you can send a message to the owner by typing your message in the message text box provided under Contact Owner on the TopRight corner of all the search result pages.
ADDITIONAL SEARCH OPTIONS
Advance SearchPropertywala.com facilitates to search property by providing more details (additional parameters for exact search) of the property you are looking for. If you want to make your search more specific then you need to perform search activity through Advance Search provided on the Top of the Buy/Rent section of the home page. The following parameters are available in advance search. All of these are not available in normal search. So click on Advance Search and a new page will open where you can mention: –
The Area (in sq meters only) for the property.
The City and Locality of your choice.
Your own Keywords to search the property.
The Listing time of the property i.e. the duration for which you want to advertise the property.
Your choice to find the only properties listed with photographs. Once you have filled your requirements just go ahead with search.
Browsing Directly without performing Search
Apart from searching your property through search on Buyers section you can also browse your properties directly through the tabs provided just below the buyers and sellers section(somewhere in the middle of the home page) for Residential and Commercial properties.
Residential Properties Search
If you are interested in buying residential properties, please click on Residential tab available on the middle of home page.
Browse Residential Properties through cities
If you need a property in a particular city, you can directly find your property from this section. Click on the city where you require the property. The properties available in that city will be shown in the search results. You can select properties matching your requirements and contact the owner of the property directly through Email & Telephone.
Browse Residential Projects
If you need to buy properties available in projects, you can browse through residential projects. You need to mention the city and property type. Respective properties will be displayed in the searched results.
Browse residential Properties through property type You can also search properties through property type e.g.: Flat, Farmhouse, Service Apt.etc.You can search directly by clicking the property type.
Commercial Properties Search
If you are looking for commercial properties, please click on the Commercial tab.
Browse commercial Properties through cities If you need a commercial property in a particular city, you can directly find your property from this section. You just need to click on the city of your choice and the properties available in that city will be shown in search results. You can further contact owner by Email or Telephone.
Browse commercial Properties through property type You can also search properties through property type e.g.: Showroom, Cold Storage, Hotel, Office Space etc. Click on your choice and the search results will show the details of the available properties of the type in the State/Region. Browse commercial Projects If you want to buy commercial property as a part of commercial projects, you can browse through commercial projects. You need to select the State/Region and property type, available searched results will be displayed.
Posting your Requirement If your matching requirement is not found, you can post your requirement by entering the same in the Buy & Rent section. A click on the post your requirement tab in the section will save it as alert in your account. This feature will keep your requirement publicly alive and in future, whenever any matching property is posted buy a seller; you will instantly get an appropriate Email & SMS alert.
Rent activity is performed on propertywala.com in two ways: Taking Property on Rent If you are interested in taking a property on rent, please visit the Buyers section available on the Top Left half of the home page. While taking property on rent you only have to select the purpose as Rent. Rest of the procedure is same as it is followed for buying a property. For further process click on the following link: http://www.propertywala.com/site/buy.html
Rent Out Your Property
If you want to rent out your property, please visit the Sell/Rent Out section available on the Top Right half of the home page. You only need to select the purpose as Rent Out before posting your property or requirement. Rest of the procedure is same as it is followed for selling the property. For further process click the following link: http://www.propertywala.com/site/sell.html
The feature/Facilities available to the buyers/sellers are also available to the users interested in renting out/Taking on rent any commercial or residential property to the same extent and proportion .
The process of posting/advertising properties on PropertyWala is so much simple that anyone with just basic knowledge of networking can himself post the properties of his own. Tips and help are provided at every stage during the process of listing. Users are advised to move mouse over to take help for knowing about the usage of each function.
The Owners, Builders and Dealers etcwho want to sell or rent out their properties can post/list them on PropertyWala to search buyers/tenants and get them a reasonable price/Rent. The detailed description in text, videos, layout/sketches and photographs can be posted on the site. A satellite map of general area of your property will be generated and displayed by the site. You can easily identify and mark the exact location by dragging the marker to it or by double click on the exact location. After you have posted your property, an alert will be sent to you by through Email & SMS instantly whenever any user searches for a property matching the details of your property. The “SEARCH” option in this section can be used to find buyers who have posted their property requirements matching your property.
PROCEDURE FOR POSTING PROPERTIES/PROJECTS
Before you carry out the activity of posting, new users are advised to register themselves on this site by filling their existing Email-ID (for getting response to your advertisement from the interested party) and a new or existing password during the simple 2 minutes registration process.
On successful registration an Email will be instantly generated by this site giving you the details of your password along with your Email- Id. You are required to activate your account by clicking on the appropriate place on the E Mail. You can change your password any time through your profile section on the home page.
Please follow these simple steps to post your property Before selling your property you need to post it in order to make it visible to the buyers. You can post your property using the Sell/ Rent Out section on the Right portion on the home page.
You need to select:
• The purpose whether you want to sell your property or Rent it Out.
• Property Type of your property eg: Apartment, Hostel, Showroom, Shop etc.
• Number of Bedrooms in your property (Optional).
• The Region in which your property exists.
• The City and Locality in which your property exists.
Click on “Post Property” option and you will find a new page with five tabs on the top of the page (Basic Information-Additional Information-Attachments-Map-Preview).
Each tab has a function to create your advertisement on propertWala.The basic information page opens when you click on post property. Use previous and next buttons down below to navigate as per your requirement.
Proceed as under:
• Basic Information Fill the basic information about your property here:
The purpose Select if you want toSell or rent out.
The type: Select from drop down menu.
Area: Select units from drop down menu eg sq m, sq feet, sq yards, hectares or acres.
Price: Select from the range in drop down menu. If you want to be more specific mention the same in the summary below.
Available from: Date from which the property is available for the deal.You have to select date month and year from the drop down menu or type it in dd/mm/yyyy format
Title/Tagline: This will appear on top of the advertisement.
Summary/Description Write the description and summary as you deem fit.
• Additional Information
(The info is optional but we recommend that it should be filled to provide better description of your property. At the end of this page you can create check boxes for additional features specific to your property.The help is available to guide you). For residential property you can provide further details of your property like number of bedrooms, bathrooms, floors and all the additional features of your property in the text box at the end.
For a residential or commercial landed property you can mention the
direction i.e. facing……and describe the additional features in the text box at the end.
For a commercial property you can fill the details as per the self explanatory
format and describe the additional features in the text box at the end.
You can upload up to 6 pictures/floor plans, a video and documents(such price list etc ) of your property. The details could be from data/source already available in your computer or from a website.
When you go to this page you will see a map showing general area of your property location. You are required to simply move the marker or double click the exact location of your property. This location will be visible on the map and a satellite view in your ad. • Preview You would surely like to know how your property advertisement will look on the web after being listed. For this, click preview (right most) tab. This will instantly display on your monitor screen as to how exactly how your advertisement will appear on the propertyWala. You can view the details your project as you posted and finally edit any of the information of your property.
MAKING YOUR PROPERTY LIVE ON THE SITE
If you are satisfied that all the details you have mentioned are correct, make it visible (advertise) to users by clicking “make it live” button on the left bottom of the last page. Your advertisement will appear soon under Latest properties section on the right side of the home page after Admin approval of propertyWala.
POSTING PROJECTS ON PROPERTYWALA Builders and brokers can post projects along with the properties in that project. Please note that this facility is accessible only after you have logged on to the site using your ID and Password. The posting of projects involves all the above mentioned steps also.
You can post projects by clicking the link “Post Project” in your account section: button available on preview page of your property details. Please note that when you post your property, it is in Draft Mode and when you click on “make it live” your property will become live immediately after admin approval of PropertyWala.
Once your property becomes live it is visible to all users. Users interested in your property will directly contact you either through email or phone number available in your contact information.
Posting project on propertywala.com involves listing the following details of Your Project:-
• Basic Info This page requires the basic information about your project like project name, title, summary, description, location and Features of the project.
• Pictures You can describe your project better if you upload the picture and video of your project. You can upload up to 20 images and a video of your project.
• Manage Properties This page needs the information of the availability of the properties present in your project. You need to select the properties amongst the list of properties available on left side and add these properties in the list available on the right side.
Properties available in the project are posted by the normal process of posting the properties.
• Preview You would surely like to know how your project details/advertisement will look on the web after being listed. For this please go to preview tab (top right) and view your project details as you posted. You can edit any of the information of your project/property if you feel that any thing is missing or not in place.
• Making Your Project/property Live or visible on the site
Once you are satisfied about all the details of your property/project you may wish to make it live so that it visible to the users on this site. Your project can be made live if it contains at least one live (Available for sale/rent) property. If at least one property available in your project is live, your whole project remains live and People interested in your project / properties can contact you directly through your contact information on this site.