With the economy opening up after the long haul of the pandemic, inflation is now impacting the markets due to labor and recruitment difficulties, and interruption in the supply chain systems affecting money sourcing. Most home buyers looking for a secondary income have realized that investment in property would help in adding to their income.
With the escalating property prices and the high cost of building materials and labor, the rising rents have benefitted landlords to recover these expenses in real time. Based on location, property values will continue to rise with higher net operating income. This rise in real estate rental/resale value makes it an attractive investment for many looking for long-term investment opportunities.
Mumbai, India’s financial capital, commands the highest land prices. The island city has been opened up for redevelopment of homes and commercial spaces.
– Redevelopment by demolishing old tenanted homes and constructing skyscrapers
– Redevelopment of slums into residential cum commercial complex
– Redevelopment of homes and commercial complexes owing to infrastructure development in the vicinity, like upcoming metros and new roads.
These plans could make 2022 a lucrative year for investors to look at the choice of investment in projects.
With the availability of home loans at low-interest rates, the demand surge for seeking homes has become even more intense.
Single-family & Multi-family rentals remain stable.
With the market prices skyrocketing, the young families migrating back to the cities, especially in the single-income family rental sector, prefer renting rather than buying a home in the city. There is also an emerging trend of large business families shifting to the cities for better education and opportunities. These families prefer to rent homes close to their business districts or in properties that cater to community living and amenities for the young and old.
Many upcoming residential projects, especially those in Worli, Dadar, Prabhadevi, and Lower Parel, have floor plans and amenities catering to large conjoined families. Some projects like Vraj Tiara at Worli offer homes of 3 & 4 BHK that cater to these audiences. Location, infrastructure, and thriving neighborhoods also play an essential role for these audiences.
Observing these trends, the investors are now looking at luxury projects that can cater to these requirements to ensure there is a better passive income. This was further proved by statistics of 18% of single-family homes sold in Q3 2021 were sold to investors.
The forecast has been that the rental growth will be at an average of 10% in 2022 from 7.8% in 2021.
2022 is shaping up to be an excellent year for the knowledgeable investor who understands the trends accelerated by the pandemic and knows how to choose wisely. Unsettled and volatile markets always present some of the highest risks to those unaccustomed to new trends. Those aware of the growing trends will take the necessary steps to reap from the same.
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.