Mumbai Continues To Be The Most Preferred Property Investment Point!

The Indian real estate marketing is heading for a steady revival in 2016, with over 70% of investors expecting improvement in sales in the next 12 months. The report Peering Into 2016: Taking Pulse of Investor Preference says there is a spike in investor interest in the real estate market as around 43% of respondents saying that the number of successful exits will increase this year. 

While Mumbai and Bengaluru will continue to be the most preferred destinations for investment, commercial office and mid-segment residential property will be the top two preferred assets classes by investors. After relatively muted calendar year 2013 and 2014, private equity investors significantly increased their bets on the Indian real estate sector in 2015. This report examines the motivations and expectations of PE funds who are now actively ramping up their exposure to this sector. 

As per report, a majority of exits over the last 12-18 months has been characterized by refinancing or buyback. A significant number of investors who participated in the survey believe that the refinancing theme is set to continue beyond the next 12 months.  The report said proposed regulatory initiatives such as the relaxation of foreign direct investment rules in real estate and passage of real estate regulatory bill will enhance investment in smaller projects and positively impact sentiment by boosting buyer confidence.

Today there are several financing options available. Driven by the need to increase returns and a desire to diversify, investor’s interest in international property markets is once again on the rise and India definitely seems to be leading that interest. According to the report, newer sources of capital from Japan & China are expected to enter the Indian real estate market in 2016 while pure equity investments are likely to make a comeback this year.

For the report, JLL carried out a survey of seasoned investment professionals across a number of issues like market fundamentals, successful exits, distressed deals as well as top three asset classes and top three cities for investment over the next 12 month period. Few of the challenges in the market have bottomed out. So definitely the market is reviving but it is going to be a slow one. There is a going to be greater balance between demand and supply. Investor sentiments have improved. However, it is a cautious one where investors are now more focused on good quality and locations.

MCHI CREDAI Property Exhibition Starts From Tomorrow!

The most awaited real estate and property expo – The Maharashtra Chamber of Housing Industry (MCHI CREDAI) takes off tomorrow and ends on 26^th January, 2016. It is one of the largest property expo which will let you explore massive range of developers and builders out of which one is our very own GuruKrupa Group. 

The Maharashtra Chamber of Housing Industry (MCHI-CREDAI) which was formed in 1982, is the most prominent and the only recognized body of Real Estate Developers in Mumbai and MMR. MCHI-CEDRAI brings together members dealing in Real Estate Development on one common platform to address various issues facing the industry. With a strong Membership of over 1800 leading Developers in Mumbai and The MCHI-CREDAI has expanded across MMR, having its own units in Thane, Kalyan – Dombivali, Mira-Virar City, Raigad and Navi Mumbai 

Members of MCHI-CREDAI account for 80% of the organized Development of new residential and commercial properties in Mumbai and MMR. MCHI-CREDAI is recognized by Government of Maharashtra and the Central Government and helps in meeting their objectives of providing housing, which is a basic necessity. 

GuruKrupa group also participates in this property expo. You can know more about our latest residential project – Guru Atman which is a full- fledged township in Kalyan with 7 magnificent towers of 19 storeys – 1 & 2 BHK Apartments. 

We also haven an exclusive offer for this expo where you have to pay simply 10% during the booking and get the possession right away! You dream home awaits you.. Hurry!

Trans-Harbour Link Will See Drastic Dropdown In Property Prices In South Mumbai & Western Suburbs

The Union ministry of environment and forests decision of granting in-principle approval to the 22km Sewri-Nhava Shewa Mumbai Trans Harbour Link will significantly downsize the skyrocketed property prices in Mumbai and will boom the prices in Navi Mumbai – Particularly in Ulwe and Panvel. According to the government, the Rs. 12,000 crore project will be vital connector for the upcoming Navi Mumbai International Airport and South Mumbai. It will cut down the travel time drastically. It will be a big boost for the Navi Mumbai real estate sector and will also cut the down skyrocketed prices of the South Mumbai

This much awaited project will open the 700 sq.km of land in Navi Mumbai that is hardly 20-25 minutes away from South Mumbai. While buying a house, people look at two things: convenience and location. This link will provide both. The buyers will get lot of options while buying an apartment. It will also put the huge pressure on soaring prices of South Mumbai and western suburb and in the coming days, the property prices of these area will start falling drastically.

Now, this link will provide ample land. The only hunch and fear is that the Cidco – the government planning authority – should not play spoilsport by controlling the land and releasing it in short quantum. The government should monetize the land but it should look at the effective use of land. The land efficiency should be increased. 2015 was a disappointing year for Navi Mumbai but 2016 will be a game changer. "In Navi Mumbai, Ulwe and Panvel areas are the most preferred because of the locations and infrastructure. The future belongs to Navi Mumbai. We have been waiting this link to happen for quite a long time. We are grateful to government taking this project at war footing.

The tender procedure of this ambitious link construction will start in March. "We are planning to do this on the cash contract basis. Interestingly, earlier also, three times the tender was floated but to due to the tepid response the link could not proceed further in the last 15 years. Besides, government is also working out a formal loan agreement with the Japan International Cooperation Agency (JICA) to fund the project. Government wants to complete this link at the same time when the airport gets ready.

A Guide To Beautiful Home Walls

Creatively designed walls add a unique look to the home décor. And we all put extra effort to decorate the walls in the best of our ways. Though white washing or painting is not the only option to refurnish or decorate the walls of your home. And also you don’t need a huge budget every time to redecorate the walls. Rather, what it takes to create magic on the walls is just a little planning in the budget and creativity can make your wall look different and stylish.

Decorative Wall Paper: Wall papers are amongst the best option to decorate walls. These are cost effective, easy to install and saves a lot of time as compared to painting walls. And above all you get ample of wall paper options to choose according to your choice and budget as well.

Mirrors: Mirrors are not only meant for bathrooms or to be used or dressing purposes. Different shapes and sizes mirrors can create magic in the home décor while leaving the wall looking amazing. Mirrors make the space look bigger and they are economical and requires a little bit of creativity. There are lots of different types of mirrors easily available in the market that includes antique mirrors, mosaic among many more, or you can even design mirrors by your own way.

Mementoes, wall stickers or symbols: If you are frequent traveller, then you must have loads of mementoes which you can easily use to decorate the wall. Wall stickers and symbols such as puppets, decorative lamps, wind chimes and many more are also available in the market in various shapes and size. These home décor items are very easy to use and can be re arranged and again without putting much effort.

Images: You can create your own customized wall by framing your own images with family and family of some cherished moments. It can be one single canvas or photo frames of different sizes and shapes arranged on the wall in a collage form. The pictures can also be of any monuments or scenery or any of your aesthetically creative images. The frames can comprise of your artworks as well. Quirky quotes, cartoons, or illustrations are also good decorative wall items.

Posters: Give some arty and dramatic look to your wall by putting up some film posters. These posters can be of old Bollywood movies or any other classic English movies. Though it’s better to frame them, but you can put them on the wall casually as poster also. The posters add a unique style statement to the wall and looks stunning.

So if you are planning to redo your home walls, then try these simple, easy and budget friendly tricks to decorate your home walls.

Are You Looking For Affordable Homes?

Though affordability is a relative term, it is pertinent to look at destinations where residential properties are available relatively cheap. Here are top 5 cities with great lower-budget real estate investment prospects.

Navi Mumbai, Maharashtra

While property has increasingly become unaffordable in Mumbai, Navi Mumbai still provide numerous budget options ranging from Rs.30-Rs.50 Lakhs. The proposed SEZ’s at Dronagiri, Ulwe and Kalamboli, and the upcoming international airport at Panvel could change the face of this satellite city. These projects are expected to generate massive employment, and further boost demand for commercial and residential developments. The government’s approval to the Mumbai Trans Harbour Link will also provide a flip to Navi Mumbai’s property market.

Nagpur, Maharashtra

Nagpur is one of the fastest-growing cities in India. Its main claim to fame includes its MIHAN and SEZ projects. With Nagpur being turned into the next IT hub of Maharashtra, the city is set for a major transition in its real estate profile. The already established MIDC corridor along with the upcoming IT parks have made Nagpur attractive for realty investors. Government initiatives such as connecting Nagpur with Mumbai via expressway and an international airport will further work in the city’s favour.

Surat, Gujarat

The diamond capital of the world is a well-developed metropolis in Gujarat. Rated as one of the fastest growing cities of the world, conferred with the best Urban City of India award, Surat has also been recognized as the cleanest city in India by INTACH. Rapidly improving infrastructure initiatives have helped modernize Surat significantly. Micro-markets in New Surat, such as the entire stretch of Dumas Road, are dotted with malls, multiplexes and top-notch residential apartment projects. The city’s excellent road network, among other things, will help transform it into a realty hot bed.

Ahmedabad, Gujarat

With the city being a prime example of organized and fast-paced development for the rest of the cities in India, Ahmedabad has come a long way. With huge investments pouring into the state, rapid infrastructural development in the form of bullet trains, GIFT Smart City, the entrepreneurial nature of the population and a supportive, stable government, everything is going right for Ahmedabad. The oil, gas and energy industries, petro-chemical industries and automobile manufacturing industries are some of the major factors driving perennial demand for real estate in the city.

Hyderabad
Hyderabad could be one of the most affordable tier-1 cities in India. Even well-developed residential localities in the city such as Manikonda, Kukatpally, Miyapur and Sainikpuri, offer residential properties in the budget range of Rs. 30 to Rs.50 lakh. Property prices in Hyderabad are almost 60% of those in Bengaluru and Chennai. With the return of political stability, Hyderabad can now expect large investments into its property market.