Investing in properties in the South Mumbai —a sensible move?
One would often think that trying to build a home in Mumbai over the course of one lifetime, would be a difficult proposition!
However, in purchasing a home, it is important to focus on purchasing something you enjoy and plan to utilize. This is essential as the property acquisition budget accounts for a significant amount of net worth for most people.
This is money locked in that cannot be used in any other way. Individuals who work for themselves or run their own businesses frequently allow their personal assets to be mortgaged in order to raise funds to support their commercial ventures. This is a no-no.
Typically, a personal residence or office will not be put up for sale. It is finished as an upgrade after having been purchased as a home.
Buying a home for personal use is an excellent moment to invest since property prices are low, the government is providing sops and home loans are the lowest they’ve been in a long time. The risks of investing in an under-construction asset and delays in completion have been decreased due to RERA.
Future-purchased real estate
This is often done considering the wants and requirements of children’s future. Ownership or usage have been long-term planning goals for these properties. The funds invested in this property will be retained for an extended period of time. It will not be liquidated or utilized to obtain a profit. This could be a means for individuals to save money in order to be able to spend it in the future.
Choose to buy as an investment.
Real estate investing is buying property with the goal of earning profits from it or garnering certain returns on it.
Real estate: Some people claim, ‘Real estate in Mumbai will constantly increase in value since God has ceased creating new land.’ Land ownership has been considered to be an effective strategy for real estate investments, and this may or may not change. Buyers purchase property in acres, but sellers sell property in square yards. Over time, property prices appreciate. Now is better than later.
Under Construction Projects: Typically, prices fell by 5% to 20% accordingly on region, product, developer and other associated factors. On should not expect short term return but a natural increment once the project is completed. A fantastic moment to acquire this for future prospect.
After the initial outbreak of the pandemic had decreased, the real estate market in the country began to improve. A boost in buyer confidence soon after the lockdown was removed last year, followed by an upswing in property sales, which continued to strengthen over time. Although the recent rise in coronavirus infection threatens to somewhat impede the current recovery process in the next months, overall, it’s helping speed it up. This is a cautious period for the sector in these times, and recovery from the crisis is still a long way off but far from coming to a halt.
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.