Mumbai is the land of dreams and aspirations. It is the financial capital of the country, and each year, hundreds of thousands arrive here in search of education, employment, and opportunities. And more often than not, every Mumbaikar dreams of being a homeowner. That is one of the primary reasons for the skyrocketing demand for residential properties in the city. But property hunting in this vast and vibrant city is as much an art as it is a science.
According to a real estate sales study, property registrations in Mumbai rose 9 per cent between 2021 and 2022. Here is a helpful guide if you are one of the lakhs of prospective homebuyers who plans to invest in a flat or apartment in 2023 or 2024.
Blox is a revolutionary online platform that uses the latest technology to bring you listings from trusted developers across Mumbi neighbourhoods and suburbs and Navi Mumbai. These listings are verified, and the projects are all RERA-registered. The cutting-edge Blox technology helps you shortlist residential projects from various localities based on parameters such as neighbourhood, unit size, budget, and amenities. Blox relationship managers are experienced professionals who handhold you through the home-buying process and help you identify projects that meet all your criteria, including amenities and facilities offered.
You can now take a virtual tour of various properties for sale in Mumbai and then decide on the few that you would like to physically visit. The shortlisting-to-buying journey is made completely hassle-free. You can now search for, shortlist, and buy a property in Mumbai in seven clicks. Moreover, you get the guidance and support of an experienced relationship manager who guides you with every aspect of home-buying, including financing and document verification. Blox is also a zero-fee platform; you need not worry about adding on to the expenses of buying your dream home.
Picture yourself in the vibrant heart of Navi Mumbrai, where luxury meets opportunity and a sense of community thrives. Welcome to Sanpada, a locality that has swiftly risen to prominence in the world of real estate. With a coveted pin code of 400705, Sanpada offers a dynamic landscape of living options. Boasting over 350 properties for purchase and more than 100 for rent, it's no wonder residents rate this neighbourhood an impressive 4.5/5 for connectivity and a solid 4.3/5 for safety.
The use of digital technology has become an integral part of working in almost every industry and business sector. Sadly, the real estate industry was somewhat lagging in adopting this technology and exploiting its numerous benefits. Thankfully, things are changing rapidly, and the emergence of innovative PropTech solutions in recent years has paved the way for further growth.
Most Indians have heard references to the term TDS about income tax. TDS is an acronym that refers to Tax Deducted at Source. The Income Tax Act specifies certain scenarios in which the payments received by a person are made after subtraction of the tax dues. This means the person making the payment must deduct the tax and deposit it with the government. In real estate dealings, too, TDS may be deducted under certain conditions.