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How Purchasing 2 BHK Flats in Matunga Will Solve Your Commute Issues

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Matunga has emerged as one of the top favourite among the individuals who work in corporate world. There are many reasons that encourage them to invest in 2 BHK flats in Matunga but the biggest advantage of living here is the availability of public transport which solves commute issues.  When you are planning to invest in residential projects in Mumbai then you must consider Matunga because of the commute advantages offered at this location. Local train connectivity Matunga is one of the prime local train stations on central line. One can easily travel to Chhatrapati Shivaji Maharaj Station in South Bombay or Thane. Apart from this, Dadar, from where you can change trains for Andheri and Church Gate, is only one stop away. Monorail Monorail in Lower Parel has increased the demand for 2 BHK flats in Matunga. Lower Parel is only 5 km away from here and is the next station after Matunga. Those travelling towards Chembur will find it easy to alight at Parel station and th

3 Questions You Should Ask Your Real Estate Company in Mumbai

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It is a big deal to put your hard earned money in the possession of a real estate company in Mumbai . This is why buyers ask questions from the company representative because buying a flat is a big deal and nothing should go wrong in the first place.  Imagine that you are looking forward to purchase one of the luxury flats in Matunga . A couple of questions will not only confirm that you are putting your money with the right company but it will also give you confidence to move ahead with the deal. How old is the real estate company? Questioning the experience of the real estate company is very important. Old agents and the businesses have a reputation to protect and hence they provide better facility and only work on projects upon which they are 100% confirmed that it will be free from any issues. Is the apartment cleared on all legal grounds? Legal clearance is very important. When you are investing with a real estate company in Mumbai it is important to check all th

4 Facts About GST That Will Help You Make a Better Decision When Buying 2 BHK Flats in Matunga

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Individuals living in Mumbai need to take a lot of factors into consideration while investing in new residential projects. If you have started your apartment search recently then you must have come across GST in every proposed billing. The introduction of GST has eased down the process to buy residential projects in Mumbai . But, since a lot is not known about this new term, buyers often end up confused.  If you are planning to buy 2 BHK flats in Matunga and GST terms and conditions are becoming a hurdle then here are a few facts that you should consider – GST rates and abatement of land GST rates 12% and land abatement rates 50% out of which 25% is the rate of lands and remaining 25% is the rate of goods. Hence, the average cost calculated comes out to be 14%. Thus, the rate of 2 BHK flats in Matunga will expect to cost higher after GST. Impact of GST on Under-construction property A buyer has to pay both VAT and service tax of 4.5% for an under construction prope

Three reasons why you should ask real estate developers in Mumbai to add safety features

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Real estate market in Mumbai is always on a rise. With so many entities working under this industry sector, it is obvious that all the real estate developers in Mumbai will have a different approach for the business. Many real estate companies in the city are active here and working on the best and most luxurious apartments. But apart from luxury, the safety of the interiors and exteriors is very necessary.  Many home dwellers don’t really focus on the safety part and end up ignoring some nitty gritties that may end up making the space prone to a huge mishap in the future. Safety is important and here are a few reasons why –  It is best for the safety of your family and whole society  Imaging that your flat has a loose wire or a malfunctioning fire detector alarm. In case of an accident, your property will be damaged but the incident can spread to the nearby flats as everything in interconnected. At a communal living space, you are responsible for everybody’s safety. 

Upcoming Technology trends that are being adapted by real estate companies around the world

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Time is changing and a lot is being discussed, observed and upgraded in order to keep the property market relevant and relatable to the prospective buyers. Many real estate companies have adapted to new methods in order to gain relevance and market value. In these scenarios, it has been noticed that technology proves to be a superb motivating factor in attracting new customers.  Here are a few trends that are going to change the way market works – Machine Learning Machine learning is one of the branches of Artificial Intelligence responsible for creating algorithms from pre-existing data. This process eases down the task of predicting information and noting down consumer behaviour. Machine Learning is being adapted in understanding the new requirements of modern luxury driven customers. This will help in creating new and better apartments where the buyer finds every requirement met in the trendiest way possible. Augmented reality It may not be pos

Reasons because of which major real estate projects in Mumbai are centred around luxury corridor

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Mumbai city offers a myriad of remarkable opportunities regarding one's either personal or professional aspects. The magnitude of the real estate market in Mumbai has grown manifold and is growing simultaneously with more infrastructural development. Mumbai has developed a certain luxury corridor. This corridor has become an ideal hub for new and upcoming real estate projects in Mumbai . Many real estate development companies have constructed some of the most luxurious and iconic residential properties around this corridor. Luxury corridor covers areas from Lower Parel and goes upto Chembur. This corridor is home to some world class offerings. Apartments and townships constructed here offer the best amenities emulated from international projects. Some facts about Mumbai’s luxury corridor The major luxury corridor hotspots include, Andheri (West), Goregaon (West), Andheri (East) and Goregaon (East). A part of it goes to Borivali and another goes to Virar. Lower Pare

Four promises by real estate developers in Mumbai that you shouldn’t believe

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Real estate market in Mumbai runs under a tough competition. Every company wants to lure customers and hopes to make a sell under their own name. Often it is seen that representatives from real estate developers in Mumbai end up making promises that are too good to be true. This is where the customer either falls in suspicion or believes them and goes ahead with the deal. A reliable real estate projects in Mumbai will never promise anything that doesn’t sound genuine. After-all it is a matter of their reputation and the name they have built over all these years. Here are some of the common fake promises that many real estate companies make and you should not trust them blindly.  Cash payment for tax free deal Many real estate representatives lure their prospective clients to make a deal with them by suggesting them to do the first payment in cash. Cash payment is lucrative because you save yourself from paying taxes on that transaction. But here, a lot of suspicion arises.