With the global markets witnessing economic fluctuation, even the tiniest tremor can affect all businesses to a large extent. Even real estate! Investments in tangible assets get into a scanner, and reevaluation of the investment becomes necessary.
In such a scenario, looking for a home becomes a critical decision when considering from resellers’ or investors’ point of view.
There are a million things to evaluate and assess before you can decide on a home. Some of the features are listed below:
Commercial presence and access to employment prospects
It is often observed that commercial centers in and around the city develop a neighborhood around them.
Most employees tired of commuting prefer to live close to their workplace; eventually, the infrastructure around the vicinity begins to thrive.
Real estate agents are astute and swift to spot prospects. There are apartments and various accommodations to cater to all segments of the working population. The advantage is that when apartments come up around businesses and corporates, they are sure to have many essential amenities nearby.
All these factors make the neighbourhood a desirable one.
When choosing the neighbourhood, it is essential to scan the age of the neighbourhood for long-term investment basis, the quality of people, amenities around it, and proximity to the workplace.
Amenities in the neighbourhood & project features
Having an abundance of desirable amenities in the neighbourhood is highly valued. Amenities that can improve the community’s standard of living, such as gardens, clubs, schools, colleges, health care, shopping, and historical buildings to signify the location, are labeled as ‘good amenities.’ A low crime rate in the neighbourhood also adds to a prospective buy.
The residential project features like a car parking facility, security, elevators, and amenities within the complex play much importance.
Infrastructure and development around the residential project are attractive incentives for prospective buyers. With a new metro station or an improvement in the vicinity, there is an immediate buzz of excitement, and property prices shoot up with more buyers queuing for the house hunt.
Although there will be a marginal price increase, the property prices will appreciate when the infrastructure around the area is ready. So, it would be wise to scout for neighbourhood with upcoming infrastructure in the pipeline.
The neighbourhood’s location is also a determining factor for the valuation of the property.
Many real estate agents define an excellent location as a property in proximity to known landmarks, historic charm, and iconic places where there is a balance of recreation and convenience for the family and friends.
Recent trends in Mumbai, especially south Mumbai, have seen a sudden rise in luxury housing. As per reports, Mumbai city took the top spot with over 13,670 units in H1 2022. The sea-facing 3 & 4 BHK with multi-tiered amenities became a popular demand. Some residential projects in Worli, Dadar, and Lower Parel have a higher value for the recent infrastructure development, like Coastal Road, Mumbai Metro Line 3, and the elevated bridge connecting the upcoming Mumbai Trans Harbour Link to Worli Sea Link and the Coastal Road. Homes in proximity to these infrastructure projects like Vraj Tiara, and Worli, have been valued for their proximity to the location, 270-degree sea views from every sun deck of every apartment, and amenities like a dedicated gym on the 24th floor, along with rooftop amenities for every sea age group.
Thus, we can summarise that investment in today’s market needs to be done with the resale point of view. It must be done cautiously by being informative and aware of the property market trends, affordability, future infrastructure development, and budget.
More free online digital marketing courses… meanwhile, as you wait for…. Ringkøbing. Unique profit for new bingx customers.
This printed material does not constitute an offer or contact of any nature whatsoever between the Promoter/Developer and the recipient.
This project by Vraj Realtors is an ongoing project registered as Vraj Tiara under registration No. P51900002902 with Maharashtra Real Estate Regulatory Authority. All transactions shall be subject to the terms and conditions of agreement for sale to be entered between the promoter and the recipient. All rendered visuals, images and maps are artist’s conception and for illustration purpose only unless otherwise mentioned. Developer does not warrant or assume any legal liability for the accuracy, completeness or usefulness of any information disclosed. All colours, furniture, fixtures shown are for aesthetic representation purpose only and are not part of the flat offered for sale (bare shell apartment).
INTELLECTUAL PROPERTY RIGHTS
We are the owner or the licensee of all intellectual property rights in our sites, and in the material published on them. You acknowledge and accept that all of the copyright, database rights and any other intellectual property rights which subsist in the design, layout, processes, functions, data and content of our sites are the property of Vraj Realtors or our licensors, information providers or contributors and we reserve all our rights in the same. No part of our sites, their content or any of their underlying software and databases may be copied or reproduced, shared with third parties, reverse engineered, reverse assembled, or used to create any derivative work (whether in physical or electronic form) without our prior written consent.
You may print off one copy and may download extracts of any pages from our sites for your personal use and you may draw the attention of others within your organisation to content posted on our sites.
You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.
Our status (and that of any identified contributors) as the authors of content on our sites must always be acknowledged. You are not permitted to publish the contents of our sites including but not limited to publication on any other website or computer environment. You must not use any part of the content on our sites for commercial purposes without obtaining a license to do so from us or our licensors.
If you print off, copy or download any part of our sites in breach of these terms, your right to use our sites will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.
INTELLECTUAL PROPERTY RIGHTS
We do not guarantee that our sites will be secure or free from bugs or viruses. You are responsible for configuring your information technology, computer programmes and platform in order to access our sites. You should use your own virus protection software. You must not misuse our sites by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our sites, the server on which our sites are stored or any server, computer or database connected to our sites. You must not attack our sites via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Information Technology Act, 2000. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our sites will cease immediately.
Where our sites contain links to other sites and resources provided by third parties, these links are provided for your information only. We have no control over the contents of those sites or resources. We assume no responsibility for the content of websites linked on our sites. Such links should not be interpreted as endorsement by us of those linked websites. We will not be liable for any loss or damage that may arise from your use of them. You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it. You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. You must not establish a link to our site in any website that is not owned by you. Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page. We reserve the right to withdraw linking permission without notice. If you wish to make any use of content on our sites other than that set out above, please contact
OTHER APPLICABLE TERMS
If you are a consumer, please note that these terms, its subject matter and its formation, are governed by Indian law. You and we both agree that the Courts of Mumbai, India will have nonexclusive jurisdiction
TERMS & CONDITIONS
It is presumed that the visitor has read the details, contents, information, material, etc. of this website and is deemed to have agreed, understood and accepted unconditionally all the details, contents, information, material and risks of logging onto the website and cannot claim ignorance of any or all of them at anytime. The relationship of any visitor logging onto this website where-ever situated shall be governed by and in accordance with the laws and jurisdiction of Mumbai, India.
The visitor hereby agrees that the use of service provided by Vraj Tiara is at the visitor’s own risks and Vraj Tiara shall not be liable and/or responsible for the same. No advice or information whether by representation oral, written or pictorial derived from the site or through the service shall be construed to mean the giving of any warranty of any kind by Vraj Tiara.
On submitting information or giving his/her/their name, address, email addresses, etc. as identification to Vraj Tiara through the website, on phone, fax or e-mail and by the act of logging onto the website the Visitor has deemed to have consented and has hereby expressly and irrevocably authorized Vraj Tiarato use, reveal, analyze or display and transmit all information and documents as may be required by it. Vraj Tiarahas the right to take any legal action as it deems appropriate if the visitor has not provided true, accurate and complete information about himself/herself.
Vraj Tiara does not warrant that the details, contents, information, materials including electronic communication, etc. sent from this site will be free of viruses or other harmful components and Vraj Tiara shall not be responsible or liable for any express or implied warranty or any errors and mistakes or defects of any nature whatsoever and/or for any damage/s of any kind whatsoever from the use of this site or from any the details, contents, information, material electronic communication, etc.
The visitor shall not use or post any computer programs in connection with his/her use of this website that contains destructive features such as viruses, anomalies, self-destruct mechanisms, Trojan horses, time/logic bombs, worm, etc.
At all times Vraj Tiara reserves the right to terminate, revoke, modify, alter, add and delete any one or more of the details, contents, information, material, etc. of this website without any prior notice or obligation to the visitors and the visitor shall be bound by such amended details, contents, information, materials, etc. of this website.