India is witnessing a growing demand for luxury real estate apartments. Besides offering homeowners a comfortable and lavish lifestyle, these opulent luxury abodes are also a great investment option. Over the years, the trend to invest in luxury real estate has witnessed a significant rise in prominent cities in the country. In recent years, Mumbai has seen an increase in the construction of luxury real estate projects. Constructed by reputed developers, these projects exhibit style and sophistication. They are replete with all the amenities that provide comfort and enhance the owner's standard of living. However, before you consider investing in a luxury property in Mumbai, there are a few things that you should take note of:
Very few residential projects in India can rival those built by DB Realty. This is primarily because DB Realty's projects exhibit innovativeness and sophistication. Whether a luxury apartment or an affordable housing project, each residential unit built by the developer is well-designed, constructed with the finest materials, and exhibits exclusivity that is not found in other projects. These qualities have contributed to DB Realty becoming one of the reputed and innovative developers.
As a result of the real estate sector suffering a few setbacks in the past few years, the government and the RBI have taken certain initiatives and policy interventions. This has helped attract the attention of investors and buyers and has allowed the sector to slowly gain speed. Consequently, cities such as Mumbai are seeing a favourable improvement in the sector.
Home is where the heart is. Besides being a person’s biggest financial asset, homeownership also offers privacy, security and acts as a shelter, saving you from the outside elements. Quality of construction, therefore, is of supreme importance. In many housing societies, guidelines and codes often fail to adequately take into account, modern health issues such as depression, asthma and injuries. This is where gated communities come into the picture.
Homeownership is a rite of passage almost everyone dreams of. Whether you call yourself a veteran homeowner, a first-time buyer or planning to add one more property to your list of assets, being able to call a home your own definitely calls for a celebration. When it comes to taking a homeownership leap, not many are actually able to find the courage to make the big move
Situated on the Western line, Goregaon has emerged as one of the most promising locations in Mumbai. Home to Western Express Highway and Goregaon-Mulund Link Road, it boasts of greater connectivity and world-class amenities. From a middle-class residential neighbourhood to an upmarket locality, Goregaon stands strong with exclusive residential projects by prominent real estate companies.
In the past few decades, the real estate sector has manifested tremendous growth and development across many cities, towns and villages. According to a study, it generates the second largest employment opportunities in the country. The sector operates under strict rules and regulations of the government established through varied taxes. Goods and Services Tax (GST) is one initiative that affected the real estate industry in a positive way.
When the Real Estate Regulation Act was implemented on May 1, 2017, it took the sector by storm. Two years since RERA, it is worth considering how the RERA has shaped the industry and what industry leaders think of the transformation owing to the strict regulations and rigorous actions that came with this new Act. Like any new regime, the first two years were filled with uncertainty.
Mumbai's six-decade-old Kamal Amrohi Studios, more famous as Kamalistan, is all set for a make-over to be redeveloped as the single largest commercial office park in the city. This substantial make-over will be spearheaded by Bangalore-headquartered RMZ Corp in collaboration with DB Realty and Avinash Bhosale Infrastructure.
Mumbai’s iconic Kamal Amrohi Studio, the birthplace of blockbuster Hindi films, is all set to get a corporate makeover under the leadership of Shahid Usman Balwa and other stalwarts of the Indian real estate industry.