A piece of furniture where exciting conversations are begun or “Friends” reruns are passionately watched – the sofa is one piece of furniture that can certainly never be taken for granted! And saying goodbye to food stains, pet fur, or even coke spills with quick ease, especially when guests come over is the dream of many a homeowner.
While there’s no shortage of residential projects in Mumbai – millennials in today’s day and age often tend to select dream homes that can offer new and elite experiences to their families, each day of their lives! While hotspots such as Powai and BKC are soon becoming saturated – few properties in the upcoming area of Kanjurmarg West on the other hand are gaining rising popularity among homebuyers right now.
Innovation is the cornerstone of the ever-growing real estate industry in Mumbai. From fabulous design to construction strategies and luxury amenities – innovation exists in all these aspects of real estate construction. Using the right technology and innovation are what set apart the truly iconic properties in the city today. So read ahead as we show you how many new projects in Mumbai have adopted truly unique innovative approaches to architecture that continue to change the real estate face of the city.
The question of rent vs buy has befuddled the brain of many a millennial who frantically searches for a decent home to eke out a beautiful lifestyle amid the vast throngs of the city. With a lot of upcoming projects in Mumbai that hope to fulfil the demands of many potential home buyers – this question has now become even more crucial for many. So, read ahead as we make things a whole lot easier by giving you all the pros and cons of each side to help solve this adulting problem for you!Â
The real estate industry is slowly discovering its feet after being battered by the pandemic. While it disrupted the market for some time, the industry bounced back quickly with an unprecedented jump in residential demand. The signs of such a bounce-back were evident when November 2020 recorded the highest number of residential registrations in almost a decade in Maharashtra.
Owning a home is like a dream for most Indians. It is not just a financial investment, but an emotional investment as well. Lots of planning and decision-making goes into making it a dream home – the furniture, the colours, the furnishings and artefacts etc. Although it is a major undertaking, it is a highly rewarding one, considering you get to build equity in an asset that can increase in value over time. You also get to call all the shots. Want to adopt a pet? Go for it! There’s no one to stop you.
If you are planning to buy a property in 2021, there are several factors and compelling reasons you should consider.
Off late, the residential segment has witnessed a good demand across price points. A significant amount of latent demand came to the market during the festive season of Q4 2020 and it refuses to subside. According to an article in the Economic Times – the housing sales reached an exact 100% of the pre-Covid levels, with an 84% QoQ (Quarter on quarter) jump. The demand was rekindled by a multi-decade low home loan interest rate as per the Knight Frank India report.