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When buying the perfect home, amenities can make all the difference. Whether you are a bachelor looking for your first apartment or a family searching for a new home, having the right amenities can make your living experience more comfortable and enjoyable.
The safety of the home you live in can not be stressed enough. But let’s talk about what “safe” actually means. Does it mean living in a gated community with a low crime rate? Does it mean there is an effective escape plan in case of natural disasters? Or does it mean an environmentally conscious place with an operative waste management unit? It means all of those things. So, before buying a new house, look at some safety measures that new buildings must have and why you should consider buying a house in a building that adheres to these safety measures.
One of the most dynamic sectors in the world, real estate has seen rapid growth post-pandemic. However, investing in real estate isn’t easy - it requires a thorough plan of action, including a budget, location, loan eligibility, rental rates, resale value, and several other additional costs.
Despite the real estate prices expected to increase by an estimated 8% this year, the demand for those wanting to indulge in luxury living only increases. The rise in disposable income and purchasing power of the middle class has led to a significant increase in the standard of living, especially for people living in metros like Mumbai, Delhi, Chennai, Bengaluru, and Kolkata. Global exposure has coaxed developers into providing the latest amenities.
When we speak of investments, some of the first things to pop up in our minds are returned on investment (ROI), risk factors, time, liquidity, tax, inflation, etc. Known to be a saving economy, Indians aren’t the most forthcoming when it comes to investing, and rightly so.
According to predictions, the Indian real estate market will touch ₹13 lakh crores despite prices set to increase by an estimated 7.5% countrywide. Housing sales have experienced a 51% jump post the pandemic, with the premium and luxury sector expecting sizeable growth too.
For those of you getting acquainted with the real estate industry for the first time, it is only natural to come across new words, phrases, and terms that may confuse you. For instance, a simple term such as 'area of the home' can be very misleading – this is because the area could be the carpet area, the built-up area or the super built-up area.
Some of the most expensive flats in Mumbai are owned by none other than the top Bollywood celebrities. It is known that being able to buy a home in Mumbai is another way of saying you have arrived.
Maharashtra continues to be India’s best performer and the wealthiest province, with its no.1 ranking based on fiscal, economic, social, financial, environmental, and government factors. The GDP for the country’s most prosperous state is expected to be ₹35.81 lakh crores in the year 2022-23, making it one of the largest commercial and industrial sectors.