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An Overview of Kasarvadavali and its Growing Real Estate Market

Blox Social Mar 7, 2023

Kasarvadavali is one of the many residential hubs of the Thane district. The popular residential sub-localities, Koliwada, Kavesar, Waghbil and Haware city, have some brilliant residential projects catering to the needs of home buyers. Home buyers here have options on high-end luxury and mid-range affordable flats in Kasarvadavali Thane to meet the diverse needs of home buyers. 

Kasarvadavali is one of the most organised localities in Thane, with excellent social and physical infrastructure. The lifestyle quotient for the people of Kasarvadavali is very high, as they live amidst fresh air, rejuvenation facilities, and green landscapes.
In this blog, you will get an insight into the overview of Kasarvadavali and real estate trends. 

Overview of Kasarvadavali’s Real Estate Attributes
Kasarvadavali is located strategically within the district, which makes it accessible from almost all parts of the city. The infrastructure has been developed rapidly, making all the essential amenities available for the residents. Let’s break it down for you! 

Unparalleled Connectivity:
The infrastructure around the locality boasts a seamless connection within the city through the interstate buses. Kasarvadavali is only 9 km from the Thane Railway Station, connecting the place to various distant parts of Mumbai. 

The International Airport of Mumbai is around 34 km from the locality. But the seamless road connectivity will reduce the overall travelling time without getting stuck in unnecessary traffic. Various roadways around Kasarvadavali, Thane, build a proper network of the city's connectivity to the place. 

Ghodbunder Road is the primary connecting infrastructure that minimises commuting traffic and helps you cover longer distances quickly. The proposed metro lines 4 & 4a will further enhance the connectivity for daily commuters. Hence, this is one of the many reasons why the real estate market is growing at a high rate in Kasarvadavali. 

People mainly working in the industrial area of Thane-Airoli will find Kasarvadavali as a convenient residential point for them. Apart from that, some business parks are being developed in Borivali, which is again near Kasarvadavali. 

Complete Physical & Social Infrastructure Facilities:
Kasarvadavali hasn’t been behind in introducing all necessary infrastructure facilities. There are various educational hubs, hospitals, banks, entertainment hubs, malls, and much more, to accommodate all of the needs of residents. Some of the significant physical & social infrastructure landmarks of Kasarvadavali, Thane, are:

  • Thane City Centre
  • Hiranandani Estate
  • New Horizon Scholar’s School
  • Parshwanath College of Engineering
  • Vedant Hospital
  • Currae Gynaec Centre
  • Kevalya Hospital

Apart from these facilities, you get various restaurants and food hubs for weekend getaways. Moreover, to boast the greenery around the locality, there are several themes and usual parks for people to experience the freshness of nature. In most of the reputed apartment complexes, you will get your personal garden, helping you rejuvenate every morning. 

Some of the reputed real estate projects in Kasarvadavali, Thane, are CSH Yashraj Park, Dahlia, Pristine Towers and Ashok Smruti. You have brilliant amenities within the apartment complexes of this locality. Starting from the gymnasium, gardens, pools, clubhouses and much more, you have everything within the boundaries of your residential complex. Hence, such amenities from the top property developers are contributing to the rise in the real estate market. 

Real Estate Growth Trends in Kasarvadavali Thane
More and more people prefer to buy flats in Kasarvadavali Thane over the neighbouring areas of Thane is affordable property pricing. The average price per sq. ft. of flats in Kasarvadavali Thane is around Rs. 9300, which is fair in Mumbai's current real estate market scenario. 

The properties in the Mogharpada area are priced lower than those in Koliwada and Haware City. The real estate pricing of properties in Anand Nagar is recorded to be the highest among the other sub-localities of Kasarvadavali. 

The price trend graph has increased since the past year, which will continue for the forthcoming years. It is because of the proposed developments around the locality regarding infrastructure and facilities. With this rising price trend, the investment opportunity is broadened for people who want to put their money into the real estate of Kasarvadavali Thane. 

So, if you are looking for flats in Kasarvadavali Thane, make sure you are looking for the right type of property, made by a reputed developer and in a thriving sub-locality. Only then can you expect the pricing to appreciate at a good rate in the long term? 

Blox will help you find the best properties in Kasarvadavali, Thane. All you have to do is access Blox and enter the preferred location as Kasarvadavali after selecting Thane from the top. Select the developer, budget and property type to continue the search. When you are done with finding the ones worth shortlisting, then book your site visit and take the discussion further. 

So, this is a complete elaboration on how Kasarvadavali, Thane, is one of the best residential neighbourhoods in Mumbai and has seen a significant appreciation in real estate pricing. Following that, the developments have been impeccable, making every facility available for the residents of this locality.

Kharghar or Ulwe: Which Is Better for You?

Kharghar or Ulwe: Which Is Better for You?

Blox Social Mar 6, 2023

Bestowed the title of a planned city, Navi Mumbai lies in the Konkan division of the Maharashtra district. The MMR city has witnessed exponential growth over the years, owing to its availability of land, proximity to Mumbai, robust infrastructure, and world-class social amenities. Home to over 1.5 crore residents, the city stretches over 108.6 sq. km. The real estate sector played a vital role in its rapid development, with a fleet of top-notch residential and commercial properties and many more to come. The current average price per sq foot stands at an estimated ₹8,988. 

Falling under the CIDCO administration, Navi Mumbai offers its residents some of the best social amenities, be it in terms of schools, colleges, medical centres, or recreational spaces. One of the city's iconic landmarks is the DY Patil Stadium, which hosts several IPL and ISL games. Speaking of some of the popular neighbourhoods in MMR, the top names that spring up are Kharghar and Ulwe. Hence, raising the question of which destination could serve all your needs, something we will help you explore via the following blog. 

1. Kharghar
Located on the northernmost tip of the Raigad district, Kharghar hosts a population of over 1.1 lakh residents, spreading over an area of 46.12 sq. km. Administered under the Panvel Municipal Corporation, the luxury locality has a 4.2% appreciation rate, with the average current price per sq foot being approximate ₹8,796. Let's look at contributing factors to the Navi Mumbai suburb’s increased housing demand. 

  • Smooth connectivity

Strategically located alongside the Sion-Panvel highway helps to commute to Chembur and other parts of Mumbai. An efficient railway network, with CBD Belapur Railway Station, Kharghar railway station, Nerul LP,  and Navade road railway station, playing crucial junctions in connecting with other parts of Navi Mumbai. Line 1 of the Navi Mumbai Metro will be a bonus in the coming days. 

  • Social Infrastructure

Kharghar is home to some of the finest educational institutions and healthcare centres, some of them being the following
Schools and Colleges: Ryan International School, Ryan Global School, Harmony International School, Bonny School, KPC English High School and Jr. College, and Harmony School and College.

Healthcare facilities: Saanvi Children's Hospital, Gayatri Gynac Clinic, Kalpataru Hospital & Maternity Clinic, Children's Hospital, and Polaris Hospital.
Recreational Spaces: K Mall, Ikea, Inorbit Mall, Inox, and Carnival Cinemas.

  • Future developments
  1. The multi-lane extension of the Sion-Panvel Highway, connecting to Mumbai-Pune Expressway, will ease the commute to Kharghar.
  2. The six-lane coastal road stretching from the Belpada wetland to Nhava Sheva will increase connectivity between Kharghar and JNPA SEZ.
  3. The proposed Corporate Business Park by CIDCO in Kharghar will help create further employment opportunities in the plush neighbourhood.
  4. CIDCO has allocated funds to maintain and operate Central Park in Kharghar's Sector-23. 

2. Ulwe
A mid-segment locality in Navi Mumbai, Ulwe, lies close to Belapur and Nerul. The popular neighbourhood is developed and maintained by CIDCO and has a population of over 1.6 lakh residents, covering an area of 48.99 sq. km. Over the last five years, flats have had an appreciation growth rate of an estimated 21.1%. The current average price per sq foot stands ₹7,660, making the locality an attractive destination for investment, showing signs of high ROI in the future. 

  • Connectivity

Ulwe is located alongside the NH-348A, offering connectivity to Mumbai city. Uran-Panvel Road and JNPT Road are some other viable options for commuting. Bamandogri railway station, Dapoli station, and Targhar station are great options for commuting to other parts of the city. With the Mumbai Trans-Harbour Link nearing completion, anticipation surrounds the upcoming Navi Mumbai International Airport.

  • Social Infrastructure

Regarding Ulwe, the locality continues to up its game in building schools, colleges, and recreational centres, with some options being the following. 
Schools and Colleges: CP Goenka International School, Radcliffe School, Indian Modal School and Junior College, M.N. Mhatre Vidyalaya and T.N. Gharat Junior College of Science
Healthcare facilities: Anurag Nursing Home, Suyash Hospital, Doctor's Clinic, Dr. Sonawane's Hospital, and Army Medical Facility.
Recreational Centres: K Mall, Nexus Seawoods, Harware Mall, and Max Movies.

  • Future developments
  1. The highly anticipated Navi Mumbai International Airport.
  2. The under-construction Metro Line 1 is 7km from the Belapur Metro Station.
  3. The soon-to-be-completed Mumbai Trans Harbour Link will offer seamless connectivity between Navi Mumbai and Mumbai.
  4. The under-construction Belapur-Uran Suburban Railway Corridor will have a station in the Gavhan area of Ulwe.

Final Thoughts
Navi Mumbai serves as the perfect destination for those wanting a break from the hustle and bustle of city life, such as that of Mumbai. The increasing housing demand is vital evidence of this, with localities like Kharghar and Ulwe leading the charge. 

Kharghar offers a more developed infrastructure with better connectivity and a higher number of amenities, while Ulwe offers more affordable housing options and a quieter, less crowded environment. Ultimately, the choice between Kharghar and Ulwe depends on individual preferences and priorities.  

4 Reasons Why Kalamboli is a Great Investment Option

4 Reasons Why Kalamboli is a Great Investment Option

Blox Social Mar 6, 2023

Kalamboli is one of the posh regions of Navi Mumbai that is also a part of the Mumbai Metropolitan Region. Real estate developments are at a good pace around the region because of the specific factors that make this place a good investment opportunity for people. 
If you plan on investing in real estate for the long term to earn a sizeable ROI for your property in the long run, then Kalamboli is one of the perfect regions for you in Navi Mumbai. 

This blog will elaborate on why Kalamboli is a great investment option. 

1. Easily Accessible Location
The location of Kalamboli, Navi Mumbai, is very strategic. This place is surrounded by three major realty hotspots, New Panvel, Kamothe and Kharghar. New Panvel is the location of the highly anticipated International Airport is under construction. Following that, Kharghar and Kamothe have optimal real estate activities around their region. 
The new airport is quite close to Kalamboli, so it shares the real estate demands alongside Kharghar, Kamothe and New Panvel. 
The connectivity of Kalamboli is good, as it connects to very important parts of both Mumbai and Navi Mumbai. Kalamboli is situated close to the Sion-Panvel Expressway, between NH-17 and NH-4. Hence, the easy by-road connectivity makes this location more accessible to various parts of the city. Thus, this is another possible reason for the increased demand for low-budget flats in Kalamboli. 

2. Good Infrastructure and Amenities
Whether you plan on investing in real estate as a part of your financial goals, or retirement plan, you need to consider the amenities and infrastructure. It is one of the many reasons Kalamboli thrives as a budding region for real-estate investments. There are top-notch schools, hospitals and malls around the locality, which adds more real-estate significance to the location. 
Here are some of the top infrastructure and amenities you get around Kalamboli, Navi Mumbai:
Schools and Colleges:

  • Dots ‘N’ Tots
  • Kids Land School
  • Mind Planet International
  • M.E.S Dynamandir School
  • Tatkare College
  • MGM Dental College


  • Galaxy Hospital
  • City Care Medical
  • Noble Medical
  • Amar Hospital
  • Aermid Hospital
  • Healing Touch Eye Hospital

With big 5-Star hotels, malls and other infrastructural amenities available around Kamothe and New Panvel, its positive effect is also being imposed on the real estate market of Kalamboli as well. The distance from the MMR locality to most of Navi Mumbai’s outstanding infrastructure amenities is not that far. Hence, this is a contributing factor that makes Kalamboli an excellent investment destination. 

3. Uprising Real Estate Trends
Kalamboli is a very happy locality with good people in the neighbourhood. Additionally, connectivity to schools, colleges, transportation hubs and other parts of the city is very feasible. Thus, it helps set the real estate trends at a peak. 

Many property developers are actively promoting their projects around various parts of Kalamboli. It is easy to find low-budget flats in Kalamboli compared to the current market scenario. Studies suggest a 2 BHK flat in Kalamboli will be cheaper than in Airoli or Kharghar. 

People who are tight on budget and want to invest in real estate projects in Navi Mumbai are eyeing the properties in Kalamboli. The current average price per sq. ft. in Kalamboli ranges between Rs. 7,500 and Rs. 8,000. It is considerably less than the average pricing of properties in Kharghar and Panvel. 

If you constantly search for the best premium, luxury, affordable or low-budget flats in Kalamboli, bring your search efforts to Blox. Blox is a home-buying platform that ensures you find your dream apartment in less than seven clicks. 

It is a central hub that lists all of Mumbai's top residential and commercial properties in one place. You can choose your desired location, and Blox will give you all the options. Pick the ones you want to consider and book your site visitors immediately. 

4. Upcoming Developments in Kalamboli
The government has proposed several developments around the region of Kalamboli, which will also contribute towards making it a prime investment hub. Some of the proposed developments are:

  • Navi Mumbai SEZ (Special Economic Zone) is proposed to be built in Kalamboli
  • Kalamboli will be hosting the first-ever animal hospital in Navi Mumbai
  • Plans to install air pollution monitoring devices across Kalamboli
  • Affordable homes are to be built around the locality, as per rising demands
  • A railway coaching complex is proposed to be built around the locality


So, these are the four reasons why Kalamboli could emerge as an investment hotspot. The real-estate trends are rising on a wider scale, and Navi Mumbai is soon planning to bring in more developments in the forthcoming times. Considering all that and more, the existing real-estate properties are in high demand, and the developers are working towards introducing new ones to meet the specific needs of home buyers. 

Seven Home Decor Tips to Personalise Your New Home's Aesthetic

Seven Home Decor Tips to Personalise Your New Home's Aesthetic

Blox Social Mar 6, 2023

Moving into a new home is unlike any other feeling. It is a purchase that not only makes you feel like you accomplished something in life, but it becomes very close to your heart. This is where you and your family make incomparable memories. A home has more than financial value, it has a sentimental connection, and that is what makes it special. 

While the location, size and certain aspects may depend on external factors such as income, family size etc., how you decorate it is all you. Home décor allows you to express yourself - your personality and affirmations through it. From quirky wall hangings to ethereal colour schemes, your home is a space that allows you to be you unabashedly. 

While moving into a new home is super-exciting, it can tend to get overwhelming. One of the challenges many new homeowners face is figuring out how to personalise their space and make it feel like their own. If you're in this situation, don't worry! There are plenty of easy and affordable ways to add personality to your new home decor. Instead of resisting this whole phase, you should enjoy it and take your time to work on every nook and corner to make it look yours. 

Here are a few home décor tips to get you started already: 

1. Choose a colour scheme that reflects your style
Colour is one of the most critical elements of home decor. When choosing a colour scheme, think about the mood you want to create in each room and consider how the colours you choose can help you achieve that. Some colours, like blues and greens, can create a calming and relaxing atmosphere, while others, like yellows and oranges, can create a more energetic and lively vibe. If you're unsure of which colours to choose, try incorporating some of your favourite colours into your decor to create a space that reflects your style.

2. Add personal touches with artwork and photos
Adding artwork and photos is a great way to make your new house feel like a home. When choosing artwork and photos, think about what inspires you and makes you happy. It could be family photos, landscape photography, or abstract art. Consider the style and colours of the artwork, and choose pieces that complement your existing decor. Creating a gallery wall with your favourite pieces can be an apt way to make a statement and showcase your personal style.

3. Mix and match textures and patterns
Mixing and matching textures and patterns can help you create a unique and personalised aesthetic in your home. When choosing fabrics, think about the feel and texture of each material, and choose pieces that are comfortable and inviting. Layering different fabrics, like wool and silk, can create a cosy and welcoming vibe. You can also experiment with patterns by incorporating geometric prints, stripes, or floral designs. You may be a pattern person but try not to go overboard with too many patterns all at once, as it can become overwhelming.

4. Use lighting to create a mood
Lighting can completely transform the mood of a room. When choosing the lighting, think about the purpose of each room, and choose lighting that reflects that. For example, in the living room, you might want to incorporate soft, warm lighting to create a cosy and relaxing atmosphere. In the kitchen, you might want brighter, more functional lighting to make meal prep easier. Don't shy away from mixing and matching different types of lighting, like floor lamps and table lamps, to create a dynamic and layered lighting scheme.

5. Incorporate natural elements
We always recommend introducing numerous natural elements into your living space to create a calming and relaxing environment. Plants, in particular, are a great way to add some natural beauty to your space. Consider incorporating a few low-maintenance plants, like succulents or snake plants, to add some greenery to your home. You can also incorporate natural wood furniture or accessories, like woven baskets or stone coasters, to create a natural and inviting aesthetic.

6. Add statement pieces
A statement piece can be anything that stands out and catches the eye. It could be a bold piece of artwork, an unusual piece of furniture, or a unique lighting fixture. Statement pieces can help you create a focal point in a room and showcase your personality and style. When choosing statement pieces, think about what you love and what makes you happy. It could be a bright, colourful rug or an oversized piece of wall art. Whatever you choose, make sure it reflects your personal style and makes you feel happy and at home.

7. Mix old and new: 
Mixing old and new items in your decor can add character and personality to your space. Rather than sticking with all new, modern pieces or all vintage, antique items, consider blending the two to create a unique and eclectic look. This is a great way to incorporate sentimental items that you already own or to add a touch of history to your home. 

When mixing old and new, it's important to find a balance between the two styles. For example, pairing a vintage piece of furniture with modern accessories can create an interesting contrast. Alternatively, you could mix old and new within a single piece, such as a modern sofa upholstered in a vintage fabric.

Another way to mix old and new is to repurpose or upcycle old items into new decor pieces. For example, you could turn an old suitcase into a side table or use vintage teacups as planters.

However, before you work on creating a place that reflects your unique style and personality, you should be able to find the right home, and that is where we step in. At we make home-buying an enjoyable and seamless process. Through advanced technology and one-on-one undivided assistance, we ensure that you get the best bang for your buck that is in line with your taste and preferences. 

Moving with Your Family: The Comprehensive Guide to a Hassle-Free Relocation

Moving with Your Family: The Comprehensive Guide to a Hassle-Free Relocation

Blox Social Mar 6, 2023

Relocating to a new place? While it sure does sound exciting, relocating can also be a daunting task, especially when you are moving with your family. With so many people and their needs to manage, it requires a lot of planning, organising, and executing to ensure a hassle-free move. 

Relocation to a new home or a city can fall under various types. It could be local or long-distance. It could be an employment-related relocation or due to military service reassignment. It is also possible that you are relocating after retiring so as to be closer to your extended family or your roots or are upsizing or downsizing your house. Whatever your reason, a well-planned relocation can save you from unnecessary stress and make the process smoother for your family. That is exactly what everyone wants. 

So, where do you begin? 

Worry not! Here is a complete guide to relocating with your family in India – zero percent stress, hundred percent fun. 

Relocating with Family: Tips to Keep in Mind
Regardless of the type of relocation, it is important to plan ahead and take the necessary precautions to ensure a hassle-free move with your family. Here are the steps you can take:

1. Plan Ahead 
One of the most crucial steps in a hassle-free relocation is to plan ahead. Start planning at least two months before your moving date. This will give you enough time to organise and prepare for the move. You can start by making a checklist of all the tasks that need to be completed before the move. This will help you stay organised and on top of everything.

2. Hire a Professional Moving Company 
Moving can be overwhelming, especially when you have a family to take care of. Hiring a professional moving company can ease your burden and help you focus on other aspects of the move. Research and choose a reputable moving company that offers a comprehensive range of services, including packing, loading, transportation, and unloading.

3. Declutter and Donate Unwanted Items 
Before you start packing, declutter and donate unwanted items. This will not only reduce the number of items you need to pack but also help you start fresh in your new home. Sort your belongings into three categories – keep, donate, and discard. You can donate the items to a charity or a local NGO.

4. Pack Your Belongings Carefully 
Packing your belongings can be a tedious task, but it is crucial to ensure that your belongings reach your new home safely. Use high-quality packing materials, such as bubble wrap, packing paper, and sturdy boxes. Label each box with the contents and room it belongs to.

5. Notify Your Utility Companies 
Notify your utility companies, such as electricity, gas, water, and internet providers, about your move. This will ensure that you have uninterrupted services at your new home. Schedule the disconnection of services at your old home and the connection of services at your new home well in advance.

6. Plan for School Enrolment and Healthcare 
If you have children, it is important to plan for their school enrollment in your new location. Research the schools in the area and enrol your children in advance. Also, research healthcare facilities in the area and register your family with a local doctor.

7. Get Your Documents in Order 
Make sure to collect all the necessary documents, such as school records, medical records, and financial documents, before the move. Keep them in a separate file and carry them with you during the move.

Dealing with Children, Elders, and Pets
Relocating with children, the elderly, and pets can be both emotionally and physically challenging, and it is essential to address their concerns and make them feel comfortable about the move. 
Here are some tips to deal with children when relocating:

  1. Involve them in the process: Involve your children in the moving process and make them feel included. This will make them feel more comfortable about the move.
  2. Address their concerns: Address their concerns and make them feel heard. Talk to them about the new place, and encourage them to share their feelings.
  3. Say goodbye to friends and family: Encourage your children to say goodbye to friends and family before the move. Organise a small get-together or a farewell party.

Here are some tips to deal with the elderly when relocating:

  1. Research healthcare facilities in the new area: Research healthcare facilities in the new area and register your family with a local doctor. Make sure to transfer their medical records to the new doctor. 
  2. Prepare their new home: Prepare their new home before they arrive. Make sure that their bedroom is set up with all their familiar belongings, and the kitchen is stocked with their favourite food items.
  3. Keep them engaged: Keep them engaged and make them feel involved in the moving process. Ask them for suggestions on how to decorate their new home or involve them in choosing the furniture.

Finally, here are some tips to deal with your furry friends when relocating:

  1. Prepare them for the move: Prepare your pets for the move by taking them on short car rides or introducing them to their travel carrier.
  2. Visit the vet: Visit the vet before the move and make sure that your pets are up-to-date with their vaccinations and have a clean bill of health.
  3. Secure their safety: During the move, secure their safety by keeping them in a carrier or a leash. Also, make sure that the temperature in the car or the moving truck is comfortable for them.

Final Words
All in all, relocation to a new city and home is one of the most exciting phases of one’s life. It is your chance to start your life with renewed enthusiasm and provide a much-needed change to your loved ones’ surroundings. 

While moving into a new home or city is full of challenges, it is ultimately a decision that will pay off in the long run: by nurturing children in a better environment, providing the utmost comfort to parents and elders, and enabling you to live a stress-free, progressive, fulfilling lifestyle. All you need to do is plan in the most organised way possible, ensuring a hassle-free experience for everyone. 

Happy moving!

Pre-EMI Vs Full EMI: Which Is Better for You?

Pre-EMI Vs Full EMI: Which Is Better for You?

Blox Social Mar 6, 2023

Homebuying and financing the purchase are some of the most important financial decisions you will make. Therefore, understanding the nuances and terms of the loan before you sign up is important. One of the decisions you will be required to make in applying for a home loan is deciding if you want to sign up for a pre-EMI or a full-EMI. It is a good idea to understand both options and pick the one that suits your financial goals.

What is Pre-EMI?

Most homebuyers who opt for a property that is in its construction phase prefer the pre-EMI repayment system. In this, the bank or NBFC that offers housing finance will disburse the loan amount partially. Typically, property developers collect payment for an under-development property in stages (as the construction progresses). The lender expends the loan amount to sync with this staggered payment process.

By opting for pre-EMI, the homebuyer need not start repaying the principal amount immediately. For the pre-EMI phase, the borrower only needs to pay interest on the amount disbursed. This makes for much smaller monthly payments to the lender. Once the construction is completed or the full loan is disbursed (whichever is earlier), pre-EMI gets converted to full EMI. Now the monthly payments to the bank will include repayment of the interest and the principal. Pre-EMI can only be availed if you choose to buy an apartment that is in the pre-launch or under-construction phase. The maximum duration for pre-EMI is three years.

An example can help clarify how pre-EMI works. After funding the downpayment with his savings, Mr X has decided to buy an under-construction property and requires a loan of INR 50 lakhs. The bank agrees to lend him this amount for a tenure of 15 years at an interest rate of 10%. The initial disbursement from the bank is INR 10 lakhs. Now the monthly EMI that Mr X is required to pay is interest on INR 10 lakhs only. The next disbursement amount of INR 25 lakhs comes the following year, and now Mr X has to pay interest on 35 lakhs. Only when the total 50 lakh loan amount is completely disbursed (usually at the completion of construction) will Mr X be required to pay interest + principal repayment in the form of full EMI. The loan tenure of 15 years starts at this point.

What is Full EMI?

The Full-EMI option requires the homeowner to start making monthly payments to the bank or lender immediately after the principal amount is disbursed. So if your loan is sanctioned and disbursed (partly or wholly) in the month of May, your EMI schedule will start from the month of June. This EMI will also include repayment of the principal part and the interest. It is important to remember the fact that the bank may disburse the principal in stages, but regardless of this, you opt to repay the entire EMI.

Let us take an example to understand this. Ms Y takes a home loan from a bank for INR 50 lakhs with a tenure of 15 years at a 10% interest rate. Now she has opted for a staggered disbursement, and the bank’s initial disbursement amount is INR 10 lakh. Since Ms Y has opted for a full-EMI repayment system, she must repay interest + principal (50 lakhs) in monthly instalments from the first month. So, her loan tenure starts immediately.

Choosing Pre-EMI or Full-EMI requires a study of your financial situation and expected income. Let us take a look at the conditions to formulate your EMI strategy.

When is it better to opt for Pre-EMI?

  • The Pre-EMI option is right if your current income is expected to go up in 3 years. So, during this time, you will need to pay less to the bank or lender every month, but you can be ready for full EMI as your income goes up.
  • Pre-EMI is right for those who are looking at shouldering rental expenses during the construction phase and can switch to a full-EMI schedule when the construction is complete.
  • Pre-EMI allows you the flexibility to reinvest the difference in a high-yield instrument giving you a good cash flow.
  • You can sell your property before taking possession if you are paying pre-EMI. The interest paid during this period will be considered your cost when it comes to capital gains computation.

When is it better to opt for Full EMI?

Full-EMI is a good option for you when you buy your real estate asset or apartment as a long-term asset and do not plan to sell it off till the loan is repaid.
Full-EMI is good for those who wish for the loan tenure to start immediately. This brings benefits such as early repayment of the loan and immediate tax benefits. In Pre-EMI, you can avail of tax benefits only when the full-EMI term starts.
The Pre-EMI term is not considered to be part of the loan tenure. So, the difference in the interest between the two options is an additional financial burden.

If you are looking for an under-construction property in Mumbai or the city’s suburbs, Blox can help you find properties from the top developers in the city.

6 Reasons Ghatkopar Has Become an Attractive Choice for Families

6 Reasons Ghatkopar Has Become an Attractive Choice for Families

Blox Social Mar 5, 2023

A suburban in eastern Mumbai, Ghatkopar has experienced exponential growth over the years in infrastructure and connectivity over the years. With an estimated area of 8.81 sq. km, the upmarket neighbourhood hosts a population of over 3.4 lakh residents. Centrally located, the eastern suburb is home to several multi-storey apartments, with proximity to commercial hubs such as Kurla, Vikhroli, and Powai. One top contributing factor to Ghatkopar's development is the real estate sector, with developers pooling in world-class infrastructure and amenities. 

With residential and commercial spaces being on an all-time rise, Ghatkopar offers some of the best facilities in terms of social infrastructure, be it healthcare, education, or recreation, making it the perfect destination for families. One of the prominent residential localities in the upscale neighbourhood is Pantnagar, situated in Ghatkopar East. Its notable features are excellent connectivity, modern housing, and employment opportunities. For those looking at flats in Pantnagar Ghatkopar, the current price per sq. foot stands at approximately ₹21,235. 

Adding another feather to the cap of Ghatkopar is Metro Line 1, offering seamless travel up to the Versova area of Andheri West. Hence, it's no surprise that property prices are at an all-time. For example, a flat in Patnagar Ghatkopar Flats experienced an appreciation of over 10% in the last year. Nonetheless, let's consider why the Mumbai suburb is an attractive choice for families. 

1. Ease in commuting
Offering a great network of roads, metro and rail, with the central line of the Mumbai Suburban Railway network dividing Ghatkopar into the east and west regions. Some of the efficient modes of transportation include the following. 

  • Eastern express highway
  • Chattrapati Shivaji Railway Terminus 
  • The Blue Line or Versova-Andheri-Ghatkopar Metro

Centrally located, Ghatkopar has easy access to parts of Mumbai, Thane, and Navi Mumbai. Its proximity to IT and commercial hubs such as Vikhroli, Andheri, and Powai is another example of the seamless connectivity in the eastern suburb. 

2. Increasing housing demand
It is no secret that the real estate market in Ghatkopar has been booming, with top developers like Ajmera ICRC, Gurukrupa Ghanshyam, and Gold Crest having exciting projects in the pipeline. On average, the current price per sq. foot in the posh locality stands around ₹18,881. For those looking for a flat on a lease, the average rent is ₹44,151. The western region of Ghatkopar has witnessed an appreciation of 1.13% over the last year. 

3. Booming social infrastructure 

A significant factor fueling the housing demand in Ghatkopar among families is its world-class social infrastructure be it schools, colleges, medical centres, or malls. 
Educational Institutes

  • KJ Somaiya College of Engineering
  • Somaiya Vidyaviha
  • Garodia International Centre For Learning

Medical Centres

  • Life Force
  • The Mumbai Heart Clinic
  • Shree IVF Clinic, Dr Jay Mehta
  • Kohinoor Hospital
  • Sona Hospital and Clinic

Malls and shopping centres

  • Phoenix Marketcity, Mumbai
  • Ak Housing
  • Phoenix Marketcity Mall
  • Garodia Shopping Centre
  • Heera Panna Shopping Centre

4. Availability of great public spaces

Ghatkopar is a centre for many public areas, such as the Vikrant Circle and Orion Circle. The upmarket neighbourhood also offers a fair share of greenery, with several parks like Pestom Sagar Jogger’s Park, Bhawani Garden, and the Subhash Chandra Bose Garden. Therefore, it is another selling point, especially for kids and senior citizens in a family.

5. Proximity to commercial centres and office hubs
A primary selling point for realtors is Ghatkopar’s easy access to some of the commercial hubs in Mumbai, like Bandra Kurla Complex (BKC), Godrej Boyce Industry Estate, Kailas Business Park, and Andheri MIDC. In a city as congested as Mumbai, having your workplace nearby is nothing short of a blessing, helping you save time and providing the right work-life balance.

6. Upcoming Developments
As the demand for real estate grows, residents in Ghatkopar are about to witness a treat from top realtors with exciting projects in the pipeline, some of them being the following.

  • Redevelopment and widening of Laxmi Baug Nullah Bridge
  • Upcoming 2.1km flyover on Ghatkopar-Mankhurd Link Road, helping improve connectivity to Navi Mumbai.
  • The concerned authorities plan to build two skywalks and a deck over Platform 1 of Ghatkopar Railway Station. 
  • Navi Mumbai Municipal Transport AC bus service connecting the locality to Navi Mumbai.

For those looking to make Ghatkopar their next home residence, we at Blox could help ease your entire buying process in less than 7 clicks. Here is a list of some upcoming projects in the eastern suburb.

  • Adityaraj Gateway
  • Alag Ananta
  • Anjali Heritage
  • Ankita Ganeshwadi
  • Antariksh Avalon

Final Thoughts

Ghatkopar is the perfect housing solution for families, catering to all their needs, whether spacious living, social amenities, or effective pricing. With the western suburbs facing space constraints and congestion, the eastern suburbs offer a more comfortable and peaceful living, with upmarket localities like Ghatkopar leading from the front. 

Why Should You Invest in Ulwe?

Why Should You Invest in Ulwe?

Blox Social Mar 5, 2023

A mid-segment locality at the node of Navi Mumbai, Ulwe, lies close to Belapur and Nerul. The neighbourhood is developed and maintained by CIDCO and has a population of over 1.6 lakh residents, spanning an area of 48.99 sq. km. The Raigad district area comes under the Panvel Municipal Corporation. Another significant feature of the suburb is it serving a host to the upcoming Navi Mumbai International Airport. Ulve recently gained traction due to its range of affordable housing, with ready-to-move 1 and 2 BHK flats. Thus arises the question of what makes the locality a preferable destination for investment, given its strategic location, growing infrastructure, and strong growth potential. Let's dive deeper into these factors and how they could persuade investors. 

1. The real estate market in Ulwe is growing rapidly 
Ulwe has emerged as one of the top players in Navi Mumbai’s real estate market, witnessing a surge in demand, especially from the middle-income groups. Over the last five years, flats have had an appreciation growth rate of an estimated 21.1%. The current average price per sq foot stands ₹7,660, making the locality an attractive destination for investment, showing signs of high ROI in the future. 

2. Location and increased connectivity
Situated on Navi Mumbai's outskirts, Ulwe is an affordable destination for home buyers. The developing locality lies near business hubs such as CBD, Belapur, and Vashi, offering properties to professionals on a budget. Regarding connectivity, residents can access the following modes of transportation. 

  • Bamandogri railway station, Dapoli station, and Targhar station are great options for commuting to other parts of the city. 
  • It is located alongside the NH-348A, offering connectivity to Mumbai city. JNPT Road and Uran-Panvel Road are some other viable options for commuting.
  • With the Mumbai Trans-Harbour Link nearing completion, excitement surrounds the upcoming Navi Mumbai International Airport.

3. Growing Social Infrastructure 

It's no secret the role social amenities play regarding investors parking their money. Hence when it comes to Ulwe, the locality continues to up its game in building schools, colleges, and recreational centres, with some options being the following. 
Schools and Colleges

  • Gaurav High School & Jr. College    
  • Sushma Patil Vidhyalaya
  • VP English Medium School & Junior College        
  • New Sudhaghad High School
  • Barns Galaxy College of Old    
  • Bhatia School
  • DAV International School Kharghar

Medical facilities

  • Anurag Nursing Home
  • Suyash Hospital    
  • Doctor's Clinic    
  • Dr. Sonawane's Hospital    
  • Army Medical Facility    
  • Patoriya Eye Hospital
  • Suyash Hospital        
  • Eyemax Super Speciality Eye Centre        
  • Shivam Eye Foundation 
  • Bansal Specialty Clinic

Recreational Centres

  • K Mall
  • Nexus Seawoods
  • Harware Mall
  • Max Movies
  • SIES Amphitheatre
  • Navratna Veg Restuarant
  • Mcdonald’s
  • Subway
  • Dominos 

4. Ulve offers promising ROI

An attractive destination for home buyers and investors, courtesy of its affordable nature, Ulve continues to be a great alternative to the commercial capital and cities of MMRDA. The Raigad district locality continues to experience a surge in demand, with top developers formulating exciting projects in the pipeline. With several infrastructure projects in the works, the Navi Mumbai suburb is on its way to becoming a residential and commercial hub. 

5. A great rental market
A perfect mix of social infrastructure and availability of space, Ulwe is an attractive destination for the rental market, with the current average rent being approximately ₹14,646. As the property appreciation continues to slope upwards, the most current estimated rate is 2.5%. Nonetheless, given its strategic location and promising ROI, the demand for rental housing is expected to increase, especially among working professionals. 

6. Upcoming infrastructure projects 
The projects currently under work are only going to improve things for the real estate market in Ulwe, especially regarding infrastructure. 

  • The under-construction Belapur-Uran Suburban Railway Corridor will have a station in the Gavhan area in Ulwe.
  • The highly anticipated Navi Mumbai International Airport.
  • The under-construction Metro Line 1 is 7km from the Belapur Metro Station.
  • The soon-to-be-completed Mumbai Trans Harbour Link will offer seamless connectivity between Navi Mumbai and Mumbai.

According to some insights from the market, most buyers prefer investing in properties in the range of ₹50 lakhs, with 1 BHK flats being in most demand. For those contemplating buying/investing, Blox offers a streamlined process with a mere 7 clicks with some of our following services.

  • Exclusive Properties
  • Site Visits
  • 0% Brokerage
  • Constant Connect
  • Online Booking

Final thoughts

The coming years could see Ulwe emerge as a game-changer for Navi Mumbai, courtesy of the investments pouring in from all ends. Benefiting from its location and connectivity, the upcoming neighbourhood has many projects lined up with affordable pricing. Well-connected to Mumbai, Navi Mumbai, and other significant cities via an extensive network of roads and railways will help boost Ulwe’s economy, making it a wise investment choice. Hopefully, the above blog has helped you assess the driving factors behind the growth of Navi Mumbai suburban and why it could be your next investment destination. 

Parel: A Residential Haven for Families

Parel: A Residential Haven for Families

Blox Social Mar 5, 2023

With a population of over 21,296,500, Mumbai is the second most populous city in India. It is surpassed only by the national capital. However, there is a reason Mumbai attracts hundreds of thousands of people each year. The promise of steady work, a dynamic life, the conveniences of urban living, and the fulfilment of dreams - that is what the city holds for all Mumbaikars. One of these dreams is to own a residential property. And the very first question that every prospective homeowner is asked when they set out to look for a property is, "Where?"

The Love Affair With Parel
Before we start to understand the rise of demand for housing in Parel, let us take a quick look at its history and significance in Mumbai's growth. Parel was one of the original Seven Islands of Bombay. The history of settlement in the region goes back several centuries. Back in the British era, Parel was one of the centres of cotton textile mills, promoting business and commerce that spurred the financial growth of Mumbai as a whole. The central role played by Parel in the rise of the city as one of the major financial hotspots of the world is undeniable.

With the rise of Mumbai in its modern avatar, Parel, Worli, and Colaba have crystallised as some of the most opulent, posh, and sought-after residential neighbourhoods of the city. These neighbourhoods have witnessed a great surge in upscale living, more so from young families that love the convenience and luxury accorded to them. Let us take a closer look at Parel, one of the booming real estate micro markets of Mumbai.

High On Connectivity
Located strategically between South Bombay and the central suburbs, Parel has excellent connectivity to some of the bustling commercial centres of the city. Commuting to workplaces in Lower Parel, Bandra Kurla Complex (BKC), Fort, Dadar, Andheri, Prabhadevi, and even to Thane and Navi Mumbai is effortless and convenient. The International Airport is not too far. Easy access to the Eastern Express Highway, the Eastern Freeway, the Bandra Worli Sea Link, and the GD Ambedkar Marg give Parel incredible access to the length and breadth of Mumbai. No matter which part of the city you work in, you can get there in minutes.

Family And Social Advantages
Why do families love Parel? The answer is very simple. Parel is one of the most happening places in Mumbai. The highly developed infrastructure is commendable, but what residents look for are top-notch dining and entertainment centres in Parel. The high-end Phoenix Mall is one of the best in town, but the street shopping in the neighbourhood also offers a very exciting experience. This neighbourhood also has some of the best hospitals in Mumbai, including the Tata Memorial Hospital, King Edward Memorial Hospital, and Global Hospital. Parel also has some of the top schools and colleges.

Every festival and every occasion is celebrated with such great joy when you are in Parel. And who doesn't want to live in the neighbourhood of Lalbaugcha Raja, one of the oldest, biggest and most iconic Ganesh mandals? Radhakrishna Colony, Ambedkar Nagar, and Mint Colony are among the oldest residential colonies in central Mumbai. The community life here is very conducive to family and social lives.

Lower Parel is one of the most glamorous neighbourhoods in Mumbai. With a number of corporations and businesses, it is also a booming residential neighbourhood. Apart from being a wonderful home for your family, investing in a 2BHK flat in Parel is a great financial decision. Property values have been booming, and rental incomes are at an all-time high. Just what you are looking for in the apartment of your dreams, right?

Parel On Blox
Blox brings buyers verified properties from some of the top developers of Mumbai with a track record of delivering top-notch homes. Some of these spectacular projects come from developers like Alamdar Infrastructure, Kiron Group, Bhairav Developers, Bhoomi Group, Kalpataru Builders, and Larsen & Toubro.

If you are a young family looking to buy a wonderful residential property in Parel or Lower Property, these are some of the top under-construction projects you must consider - Kiron Inspire, Bhairav Blessings, Bhoomi Simana, Kalpataru Avana, Pearl Heights, Ruparel Icon, and Runwal Nirwana. If you are keen on ready-to-move projects, L&T Crescent Bay and Ruparel Ariana should be on top of your list. Almadar The Auro in Lower Parel is also a great choice.

Connect with your Relationship Manager for specific details or virtual home tours or site visits. The entire home-buying journey can get done in seven clicks - which makes it simple, smooth and seamless. 

4 Poshest High-Rise Societies in Thane You Can Live In

4 Poshest High-Rise Societies in Thane You Can Live In

Blox Social Mar 5, 2023

Thane, situated in the North Eastern part of Mumbai, is a developing metropolitan city with astounding infrastructure and amenities. It is one of the most popular residential hubs of Mumbai and has a great lot of posh societies in & around its region. 

You have landed on the right page if you are searching for a posh high-rise residential society in Thane for your home-buying needs. In this blog, you will glimpse some of the poshest high-rise societies in Thane for you to live a peaceful and comfortable life. 

1. Hiranandani Estate
A township that defines the true meaning of luxury and spaciousness. Hiranandani Estate, built by the Hiranandani Group, gives home buyers a premium lifestyle experience. The high-rise towers of the society are surrounded by a plush green landscape, which adds a stunning appeal to the entire structure. 

Being one of Thane's poshest societies, this place offers luxurious residential apartments and accommodates hospitality and commercial complexes. Even with all of it, there’s still a 70% space of the property covered with greenery. This society has excellent connectivity to the major parts of Thane and Mumbai. 

You get a school, hospital, and numerous MNCs & BPOs here within the boundaries of Hiranandani Estate. It has a retail center named ‘The Walk’, which has various big and small stores that sell national and international brand products. There's a jogger's track and gym for the fitness freaks. 

2. Rustomjee Urbania
Rustomjee Urbania is yet another award-winning integrated posh township of Thane. It has some of the world-class residential complexes in all of Thane and Mumbai. The township is spread across more than 100 acres of land. The motto of this township is to promote a modern lifestyle and living with accessibility to world-class amenities and facilities. 

Rustomjee Urbania is home to more than 4000 residents who have praised the extravagant living environment in this place. There’s a mini theatre, stargazing deck, Yoga center, Kid’s theme park, and many other amenities within the township boundaries. 

The township has several commercial zones, retail centers, schools, and sports clubs for added convenience to residents. 

3. Lodha Amara
Lodha Amara, on Kolshet Road, is one of the best residential complexes in Thane, Mumbai. This society boasts its new-generation apartments with advanced levels of automation facilities. This society has 30 acres of open space alongside a world-class sports arena. The rooms here are spacious and airy, and residents live a luxurious life with all modern facilities. 

The property boasts exceptional greenery all across the society. You get the Aromatic Garden, lantern garden, art & sculpture garden, and many more greenery areas around the site to feel closer to nature. A barbeque area is around the property for families to spend leisure time. 

You can make arrangements for poolside hangouts with your neighbors or friends. You get six clubhouses here, and the kids can have fun at a tree house or jungle gym. Lodha Amara is known for its exceptional amenities and has offered its most within this mind-wobbling society. 

4. Sheth Avalon
Sheth Avalon, constructed by Ashwin Sheth Group, is a well-planned township with high-rise towers in a prime location. Prominent designers such as Coppers Hills, Sussanne Khan, and ZZ Architects have contributed to designing and executing this amazing complex. 

There’s a luxury clubhouse for the residents of this township to spend their leisure time with utmost comfort and entertainment. This clubhouse has a cafe, banquet room, cards room, and squash court. For amenities, there’s a great amphitheater, jogging track, kids playing area, and a senior citizen section within the township boundaries. 

You get a library, arcade rooms, private movie theatre, spa & salon, and even an eco deck for indoor amenities. Moreover, there are ample facilities available for sports enthusiasts as well. Hence, this is indeed worthy of being included in the poshest societies of Thane Mumbai. 

How’s the Pricing in these Big Posh Societies of Thane?
Thane is among the posh localities of Mumbai, and you cannot expect the prices to be low here. But that’s a good thing, as people investing their money in real estate in Thane are opening up opportunities for an exceptional ROI in the long run. 

As of 2023, the average price per sq. ft. for properties in Thane is around Rs. 13,500 to Rs. 14,000, which is a bit higher than the average of 2022. So, whether you are searching for flats for sale in Ulhasnagar, Dombivli West, Kolshet, or other areas of Thane, you will be experiencing nearly the exact pricing. 

If you constantly search for a home in the posh societies of Thane, then filter out your search over Blox. Blox is Mumbai’s one of the best property search engines. Here, you only have to enter your budget, preferred location, desirable society, and property type to get a filtered list of all available options. When you like one, go ahead and book your site visit! 

This is a clear understanding of some of the posh societies of Thane that can give you a great living experience. Not just that, but you can expect a whopping ROI on your real estate investment around this locality. 

So, if you are searching for flats for sale in Ulhasnagar, Badapur, Kolshet, Dombivli West, or other parts of Thane, don’t waste much of your time, as you might be losing great deals at renowned societies. Turn up to Blox immediately, and find your dream home at ease!