Festive Season Launches for Mumbai’s Realty Market

Property market in India is expecting more sales during the coming festive season. Real Estate in India has always witnessed increase in business during the festive period. This trend is expected even this year. The realty market of Mumbai is already been part of this trend.  

Mumbai and its suburbs is one of the leading real estate markets in India with some of the areas commanding prices in crores. However, there was a lull period in the Mumbai’s realty market with business sluggish. Many reasons are for this slowdown; important among them are high prices, lack of approvals from government bodies in building construction. The rise in interest rates also led to low consumer demand. 

Coming 2012 festive season, about 40 new projects are been launched in different localities of Mumbai. Leading property developers of Mumbai are bringing out residential and commercial properties in Mumbai. Firms like Sunteck, Godrej, Omkar, Ajmera, Kanakia, Lodha Group are offering buyers with new properties in this festive season. It is a common real estate trend in India that properties developers launches new units for sale during this period. 

The residential market of Mumbai during the festive season offers premium residential apartments valuing at Rs 7,200 crore. The premium category apartments demand a whopping Rs 12,000 per sq ft. For example, Omkar Realtors launched Omkar Alta Monte in Malad locality of Mumbai. This is a high-end category residential project and prices of apartments start from 1.9 crores. With a long list of amenities and good connectivity in this location, it is expected that buyers will show interest in Mumbai property here. 

Lodha Group, another eminent property developer of Mumbai is offering this festive season "Evoq" at Parel locality and Tower 3 at Wadala. Godrej Properties is offering "Serenity" in Chembur and Godrej Platinum Tower 3 in Vikhroli East.

Things to look for before renting a flat

If buying an apartment does not fit into your budget, renting out one can be a solution. Moving into a new flat might sound very interesting, but finding the best option might be a little demanding. You must take into consideration certain things before taking the plunge. A property rental checklist is provided below.

 

Setting a Budget

Setting a budget is very important keeping in mind your income. Then focus your search according to your budget. If you are single and looking for a cheaper accommodation, opting for a roommate can be a good option. 

Searching a Flat

In case you want to avoid fishing out the extra money to the broker, newspaper classifieds, bulletin and the Internet can come to your rescue. This will give you a clear picture about the rental market and you may end up getting yourself a good deal. 

The Neighborhood

Take your time to go around the neighborhood. What do you prefer, a quite building that is close to your workplace and the kids can almost walk to school? How about a local market and services like laundry facilities nearby? These things can be considered before you actually end signing the rent agreement. 

Inspect the Flat

Do not let looks deceive you. Inspect the flat carefully and look out for hidden attributes. Take a closer look at Sink faucets, shower heads and water- make sure that water flow is stable and the shower head has a decent pressure. Do not forget to check the toilet flush.

Check whether the flat is well ventilated or not. Check windows and doors and inspect the walls also.

 

Negotiate the Deal

If everything goes well, you can negotiate a little with the landlord. Read the rent agreement properly before signing. Check the rent renewal date and others things such as whether subletting is allowed, are there policies regarding guests and visitors.

Once you have checked the above mentioned clauses and you are satisfied with your checklist you can go ahead a sign the rent contract. However, make sure that you read the document carefully before signing it.

House on Rent: Some Tips for Decorating it

There goes a saying ‘Home is where the heart is’. True. Whether rented or owned, house is place for relaxation when one comes back from a full day’s work. So in order to make a rented house more comfortable, you can end up decorating on a limited budget. It is a wise decision not to spend excessively for decorating a rented accommodation. Bringing in various up to date pieces in order to decorate your apartment is a good idea.

Given below are a few tips that can make your rented house feel just like your own home.

Paint

After consulting the landlord, you can paint the house according to your choice. This is a good option because this makes the apartment look beautiful. Avoid using colors which are too bright. Opt for colors that are light and soothing to the eyes like lilac or sky blue.

Renovation

With the landlord’s permission you can renovate the rented house a little suiting your taste. You can go for minor changes like replacing bathroom fittings or renovating the kitchen area as per your convenience. 

Indoor Plants

Indoor plants like palms and orchids not only keep up the greenery of the house but also purify the air around. Colors of flowers enhance the beauty of an apartment.

Displaying Art

To make your rented house feel like your owned space, you can make use of the walls. You can display art works of your favorite painter. Sometimes paintings which are big enough can help in hiding some loopholes of the walls if there is any.

Use of fabrics

Fabrics can be used to decorate your rental space. Though most of the time, the importance of the same is overlooked, fabrics make a good option for decorating a rented house. Use of fabrics can create some wonderful design effects. Another benefit of fabrics is that, they can be picked up easily and taken to your next house when you plan to shift out.

The above mentioned tips, if implemented properly can turn your rented house into a nice cozy home where you can relax.

Decorate your Apartment in Gurgaon

You are the proud owner of a luxurious apartment in the millennium city Gurgaon. After years of house hunting, you have finally zeroed on this apartment. Buying a residential unit is Gurgaon is not an easy job. The place has one of the highest realty prices in the Country. And owning a property in Gurgaon is a dream come for true for many. 

Decorate your apartment in Gurgaon in a manner that reflects your personal taste and sense of aesthetics. Adding small accessories to every corner of your flat can make a lot of difference to the entire decor.

First, for your drawing room, keep a side table or wall cabinet stocked with mementos of your travel. Everyone travels to new places and brings back small little things. Display these items and when guest come they will surely like the colorful display.

Second, if you’re an art collector of wall paintings, hang them in your beautifully painted walls. Your apartment will reflect your liking for art. Instead of paintings, you can also frame personal photographs and hang them. And you every picture has a story to tell and the hanged photographs can be your topic of discussion when guests come around. 

Third, for your dining space, start collecting interesting tableware. Visit the modern art centers and you will get loads of such stuff. You can also keep the dining cabinet stacked with traditional tableware. Colorful tableware arranged in the dining table cheers up the place.

The bedrooms can have a set of flower vases or the study area cute looking stationery.  Small collectible, figurines, plants, aromatic candles et al gives a new twist to your empty apartment space in Gurgaon.