CREDAI Nashik welcomes RERA but suggests certain changes

We welcome the effective implementation of RERA and stand in favour with the government’s decision. At the same time we expect certain changes in the provisions of the bill.  

The passing of Real Estate regulatory Bill in both the houses of the parliament has motivated us. We, the Confederation of Real Estate Developers' Association of India (CREDAI) Nashik are of the opinion that the real estate sector will now get the status of a booming industry in the market.

The terms and conditions of this bill would be applicable for the residential projects coming up on the area of 500 sq m onwards or at least 8 flats. As per the bill it is mandatory for the builders to register the projects by providing their details online including the name of the project, name of the builder, types of flats offered at the projects, specifications and names of the project engineers. This registration needs to be done with the regulatory authorities and state level appellate tribunals. 

The main motto of timely execution of residential projects by the builders can be achieved due to RERA. There are many builders in Nashik that are registered with us such as Parksyde, Karmaa Galaxy, Krishna Darshan, Suyojit, NIrman Group, Karda Builders and Developers and Empire Realty. They can reap the benefits of the provisions of RERA on a long term basis. While we enable the builders to feature their properties online, RERA also supports online registration of projects.

While the real estate sector in Nashik will become organized in a true sense due to the implementation of RERA, we feel that changes should be made in some of the provisions of the bill. The condition of depositing 70% of the collections from the buyers in a separate account called as escrow account seems to be rigid. The costs of lands in Nashik are higher and thus, builders will face problems if they are allowed to withdraw 30% of the total collection from the buyers. Instead, it would be better if the deposit limit is reduced to 50%. The real estate sector should also get benefits in the form of reduction in the number of permissions and NOCs.

Moreover, RERA will benefit Nashik’s realty market, but it is essential to draw the central government’s attention to some of the changes as mentioned above.

8 cool ways to beat the heat in Nashik

As many of us are already trying numerous ways to beat the heat with the approaching summer, we thought of sharing some cool ways to keep cool this summer. As we all know that the city of Nashik has got a pleasant and a refreshing climate, yet, summer heat spares no part of globe.Inthis way, you can enjoyyour lives at the residential projects in Nashik and Nashik Properties. Hence, whether you are in Nashik right now, or any other part of the country, as the hotness increases with days, we present you some incredibly simple ways to stay cool and chilled this summer! Have a look at them below:

1)    Have a makeshift air-conditioning arrangement:
You can keep a plate, containing ice flakes under the fan in order to enjoy the breeze. Due to the melting and evaporation of ice, the surrounding atmosphere would be cool. Such a makeshift arrangement of air-conditioning will refresh your mood as the hotness of the climate would vanish. Your room will become a chilled place for living.

2)    Chill your mattresses:
You can put softened gel ice packs under the mattresses. Try putting them under the neck or legs to add to your frosty comfort.  The idea of putting a cotton sock filled with ice in between the mattresses can also allow you to dwindle around.

3)    Keep on swigging and stay hydrated:
In order to replace the moisture that is lost due to perspiration, you can consume soft and cold drinks to get a nourishing feel. So, you can rejoice by gulping down the tasty sips of your favourite cold drink.

4)    Prepare a cold compress:
You can take a towel filled with ice flakes, thereby making a cold compress. Also add few riced flakes so that the coolness is retained for a long time.

5)    Use ice cold sheets:
Freeze your bed by unfurling the cold sheets and pillow covers. This can be done by putting them into freezer for some time. This will prepare your bed for you to have sweet dreams, as you hit the bed anytime in the day or night.

6)    Taste the sips of wine:
If you are a wine lover you can enjoy the delicious sips of wine in Nashik, which is a speciality of the city. This will help you to bring coolness in your body and mind. You could also plan a weekend with your beloved one at any of the famous wine resorts like Soma Vine Village, to make every moment count and experience joy at a home away from home.

7)    Use Aloe Vera:
Aloe vera has got cooling properties that can beat the heat. You can prepare a natural spray of it and use it to bring a chilled essence in your room. Applying aloe vera on your skin can keep your skin away from the prickly heat and prevent sun burns as it hydrates your skin and maintains the necessary moisture on the skin.

8)    Take a cool shower:
Frequent cool showers can keep you cool by rinsing the drops of sweat. Owing to Nashik’s pleasant climate, you would love taking showers multiple times a day (not that it is so hot, but, it is pleasantly good). 

So, rejuvenate and refresh yourself by adhering to the ways and means of beating the heat. Let not this hotness spoil your summer holidays and stop your outing plans with friends. Make the best of the time you have and enjoy as much as you can!

How can you be wise enough to invest in Nashik!

Interested to know about the place, which is worth considering for the people looking for real estate property within an affordable price range? The answer to your question is the wine capital of India ‘Nashik.’

Nashik is an emerging real estate destination in the state of Maharashtra after Mumbai and Pune. It has become a satellite city of Mumbai on the real estate front. The residential and commercial property rates in Nashik are reasonable if compared to those of Mumbai and Pune. Nashik is a descent locality, which is all set to cope up with the population growth by 2030. The city’s real estate is estimated to provide handsome amount of Returns on Investment in the near future. You can buy property in Nashik and flats in Nashik at affordable rates.

The wine capital of India is witnessing rapid growth and development of IT Parks and Manufacturing Industries. Such a productive development has had a profound impact on the city’s real estate sector. 

Nashik’s real estate market was growing at a leisurely pace till the year 2006. Thereafter, growth appreciated and started showing significant value appreciation on property investment. In terms of investment, the city has become a realistic investment destination. Its property market offers minimal entry costs and higher appreciation rates. The city has thus, become a viable destination, thanks to the reasonable real estate costs and an ample availability of land for the purpose of property construction. The areas like Dwarka, Panchawati annex, indiranagar annex, College Road and Gangapur Road that are the prime areas in Nashik have drawn attention of many real estate investors in the city.

The investor-friendly 'House Tax Policy' in Nashik enables investors to invest in real estate industry/market of the city. Experts have projected a higher rate of growth in the real estate market in Nashik in the coming years. Investment in the city would prove very lucrative in the coming years. The real estate boom can also be seen moving to surrounding areas of the city.

So, pull up your socks and take a stride forward in investing in the wine capital of India!

5 concrete reasons to buy a home in Nashik

If you are planning to buy a home, here are the concrete reasons as to why you must buy a home in Nashik:

1)    Fourth fastest growing city in the India:
Nashik is the fourth fastest growing city in India, due to which it has got the ability to transpire   as a smart city in the near future. Thus, the city’s realty market is stipulated to experience growth and development, which would eventually benefit the builders and developers.

2)    Big break for affordable residential projects:
There is an ample amount of availability of affordable residential projects. This has lured buyers from varied financial backgrounds, including the Middle Income Groups (MIGs) and working professionals. The reasonable prices of these projects, combined with the serene atmosphere of the city have enticed the retired personnel to invest in the residential properties in Nashik for sale.

3)    Capital value appreciation of the properties:
The capital value appreciation in Nashik has gone up from 15% to 25% on an annual basis, thereby bringing the city in to the bright spotlight of real estate investment. Besides, the developments in the commercial belts have added on to the value appreciation of the properties and are transforming the investor market into an end-user friendly one.

4)    Make-over from a pilgrimage destination to an investment destination:
Since the last two decades, Nashik has undergone a transformation from being a pilgrimage destination to an investment destination. The city is shedding away its image from just being a passers’ by spot. It offers a lot of investment related options, wherein you can invest in the 1 BHK and 2 BHK Flats in Nashik along with varied options like Duplex, Full Duplex and Premium properties.

5)    Development of Special Economic Zones (SEZs) and Tech parks:
Nashik has witnessed the growth of many SEZs, Tech Parks and IT Parks. Igatpuri and Sinnar regions of Nashik are a part of Delhi-Mumbai Industrial Corridor (DMIC). Hence, they have become hotspots for future developments.

We know that you are willing to buy a home in Nashik. Now that you have read all the reasons here, all you need to do is to find the best suitable property to make your dream home a reality in Nashik! Visit our website to explore various options to find your dream home in Nashik.

Booming Real Estate Industry in Nashik

You may be on your toes to know a lot about the transformed real estate sector of the wine capital of India, ‘Nashik.’ There is much more to tell you in this regard. Let us have a glimpse through the city’s modified real estate scenario.

If seen on a large scale, Nashik’s residential panorama is getting revolutionized as the villas and row houses are being taken over by apartments due to the changing tastes and fashions of the property buyers. Due to such a diversified real estate scenario, we are preparing to meet the latest buyer requirements of smart homes with all the amenities and facilities that suit the recent trends of lifestyle. The upmarket and busy areas of the city like Dwarka, Taleigaon, Ambad, Sinnar and Satpur are really a worth from the investment standpoint. CREDAI Nashik is an online portal that enables the top builders in Nashik to feature their residential projects.

Broadly speaking, Nashik’s real estate industry is booming manifolds. The peak time has arrived for the investors to invest in the city’s growing property market for greater Returns On Investment (ROIs). To everyone’s surprise, Nashik has turned into a major investment hub owing to its developments taking place rapidly in various sectors. Thus, there is an increasing demand for the apartments in Nashik.

Nashik has been included in the Delhi-Mumbai Industrial Corridor (DMIC) and is also a part of the Golden Quadrilateral Project to join with the cities of Pune and Mumbai via railway. On the top of that, this year’s Railway Budget has given a gift to this wine capital of India. A 265 m long railway track is going to be laid down between Pune and Nashik, via Begdewadi and Chakan. Besides, Nashik has already got better roads and transportation facilities. Also, the city is industrially developed. All these factors have collectively facilitated the real estate industry in the wine capital of India by taking it on fast track progress and development.

With the advent of such stepping stones, Nashik has got the potential to evolve as a leading destination for investment. So, if you are seeking a decent property for investment in Nashik you have not just one or two but many choices.

Nashik’s Real Estate: An Attractive and Dynamic Market!

If you glance through Nashik’s real estate market, you will surely get attracted towards such a worthy market. The opportunities which it offers to the people for home buying and investments are exciting and amazing. In this blog we will run you through some important aspects of the city’s real estate market. 

 

Nashik, which is the wine capital of India, has got excellent infrastructure and lifestyle amenities. The future prospects of investing in the city’s real estate market are promising. If compared to the cities like Pune and Mumbai, Nashik has got qualitative residential properties and affordable property rates. Unlike Nashik, Pune and Mumbai are buzzing with a lot of residential units priced at a much higher rate than that of current trends in Nashik. This has made the builders and promoters to develop their projects on the outskirt areas of these cities. For instance, places in Pune like Pimpri and Chinchwad are now having ample projects by builders and developers, to meet the ever-increasing demand around Pune. Due to this reason, many people from Pune and Mumbai are looking forward to Nashik as a potential investment destination. As Nashik Real estate Prices are reasonable, people get lured towards various properties and  houses for sale in Nashik.

The city has been transformed from just being a pilgrimage destination to all the fronts including industrial and real estate. Once upon a time, it was just a weekend getaway spot. Now-a-days, the scenario has changed, wherein the city has witnessed industrial progress and growth. The areas of the city like Ambad, Satpur, Sinnar and Gangapur have now become industrial hotspots. All sorts of industries, public and private limited companies have been established in these areas. Commercial lease rates are also reasonable in this city.

Above all, it is Nashik’s pleasant climate, which is conducive for home buyers, along with the growth and development of residential properties across the city. Hence, people consider the decision of investing in the city as a safe and an assured decision. Apart from this, the city is in the take-off stage of development, which is yet another advantage of investing in the city. Recently, Union Budget 2016 and Railway Budget 2016 have been rolled out in the month of February. This wine capital of India has received several good news from the railway budget. A 265 km long track is going to be laid down between Pune and Nashik, via Begdewadi and Chakan. Several tax exemptions have been declared through this year’s Union Budget for the home buyers who would be buying property worth of 50 Lakhs.

Undoubtedly, Nashik’s real estate market is booming and mushrooming!

The recent property trends in Nashik that buyers and investors must know!

Would you like to know about the recent trends of property buying and investment in Nashik? The following is an extract of the booming real estate trends in the city.

The on-going property trends in the Wine Capital of India - ‘Nashik’, are interesting for both, the buyers and the investors. These trends differ as per the areas in the city. Below are certain key aspects related to the latest trends in Nashik’s real estate sector!

The areas in Nashik like Gangapur Road, Indira Nagar and Panchawati are the hotspots for home buying and real estate investment. The property rates in these areas vary as per the location of residential projects by the builders in the city. The average rates at Gangapur Road are Rs.4450 per sq. ft. Although it can be a good location to purchase a property right now, keeping aside the investment perspective, it will be too early to analyse the investment opportunity in this location as the price range of properties is already more than that of the properties in the nearby localities, thus limiting the appreciation of property value in the coming years. 

At Indira Nagar, the average rates are Rs. 3430 per sq. ft. The area is located inside the city and hence, buyers and investors often prefer buying a property or investing in real estate in this area. It has got promising prospects of investment in the near future.

At Panchawati the average rates are Rs. 3240 per sq. ft. The area is descent and surrounded by clean and green natural beauty. Besides, the refreshing cool breeze and mesmerizing, scenic landscapes in this location are often added advantages over properties in other locations. These are the main reasons as to why this area has been on the preferential list of the buyers and investors in the city. 

These were the latest Property Rates in Nashik and, presently, the residential properties are being developed and sold in parlance with these rates. Quality services are provided for the residents in these areas of the city. People have enjoyed nice living experiences and also feel the convenience and refreshing ambience of living over here. Also, there are many upcoming Budget Flats in Nashik in most of the areas. These flats are useful to meet the affordability requirements of the buyers and investors. At the time of buying flats, people do consider affordability as one of the important factors, as they come from varied financial backgrounds. By and large, residential properties have been developed in these areas to meet the needs, demands and requirements from all the financial classes and background.

So, before investing or finalizing your decision, think on the lines of having a substantial investment in Nashik which has turned out to be a fabulous investment juncture.

Why is Nashik a perfect investment destination? (part-2)

RETURNS! The most desired outcome of investments in any business/sector for any investor! 

Yes! We are speaking of the investments and returns!

As we spoke about a few reasons that make the city of Nashik a favourable destination for investments, in our previous blog, here are some more reasons for you that will encourage you to invest in Nashik real estate blindly to get a higher and handsome returns on investments!

Check these out! 

• Increasing Availability of skilled labour:-The availability of skilled labour has enabled Nashik’s real estate sector to prosper and progress along with the changing times. Thus, more and more options in residential, as well as commercial properties are emerging for the buyers and investors. 

• Efficient intra and inter city commuting facilities:-Nashik has got convenient modes of transport in order to commute within and around the city, effectively and efficiently. This makes it easy for the people from various areas in the city to travel long distances without any hassle.

• Air Connectivity with the major national cities:-Flight transport is available from Nashik to the cities like Mumbai, Delhi, Chennai and Kolkata and vice-versa. Hence, for people who have their families living in these cities, it’s a good sign that they remain connected through airlines at all times! 

• Future Prospects and Returns on Investment (ROI) outlook:-The city is exposed to every requirement an investor looks for in real estate, hence, it could give great returns on investment. The rapid urbanization has also enlightened the chances of buying and investing in the residential properties in Nashik.

• Connection via railway track:-India’s Railway Budget, 2016 was recently released on 25th February and the budget has given a good news for the city of Nashik. A new track would be laid down between Pune and Nashik via Begdewadi, Chakan and Ahmednagar. Nashik would also get connected with the Manmad and Indore via rail track.

Having read all of these, what do you plan to do next?

Share your opinions and views in the comments, or connect with us for more insights on the same.

Why is Nashik a perfect investment destination? (part-1)

Investing in real estate has long been a very profitable option for all the investors who have desired to reap greater return on investments.

However, when it comes to the Wine Capital of India, Nashik, the city has recently emerged as an industrial hub and has also turned into a preferable destination for investments due to its growing infrastructure and standards of living.

This month we will be speaking about some of the crucial pointers related to the investments in real estate that make the city of Nashik, one of the best investment destinations.

You might well ask, as to why has the city of Nashik become one of the best investment destinations in the state of Maharashtra? Here are the main reasons to answer this question:-

• Geo-strategic location:- One of the major things that works in Nashik’s favour is its overall geography. The city is third largest (both, area and population wise), located in Northern Maharashtra. Mumbai, India’s financial capital, is at a distance of 180 kms from Nashik by road.     Pune,which is another major educational and IT hub of the country, is at a distance of about 200 kms by road from Nashik. The train journey for the same (via Kalyan/Panvel) stretches to around 5 hours. This geographical location has enabled Nashik to become the third most important city in Maharashtra, after Mumbai and Pune. Being an integral part of the golden triangle, Nashik stands apart from the rest of the cities of Maharashtra when it comes to investment in the real estate industry. 

• Industrial Development:- Nashik is an industrially developed city in the state of Maharashtra. The city has been ranked as the third largest developing city after Mumbai and Pune. Nashik is a dream city for working professionals, students, real estate buyers and investors due to the upcoming of universities, residential properties and improved infrastructure.

• Developmental Landmarks:-There are five industrial spots near Nashik, namely Ambad, Dindori, Sinnar, Gonde and Satpur. Also, development of the IT/ITES sector and commercial malls has facilitated the real estate development of the city.

• Property rates and attractive investment locations in Nashik:-With the exception of a few prime areas, residential rates are in the range of Rs 3000-4500 per sq ft. With the western side of the city already well-developed, one of the fastest-developing areas is the southern side, Pathardi, which already has fast-selling projects.

• Scope of development in Real Estate:-Union Budget 2016 has been recently declared on 29th February and this would have a positive  impact on Nashik’s real estate sector. There is an exemption of Rs.50,000 for the first time property buyers, who would prefer to buy a property within Rs. 50 lakhs and opt for a loan of Rs. 35 Lakhs.

Although these reasons are sufficient to woo any investor’s mind and convincing enough to proceed with investing in real estate in Nashik, there are  a few more reasons that you must know before investing in a property here! Stay tuned for more on these! 

Union Budget 2016 Reaps Benefits for First Time Home Buyers of Affordable Housing Segment!

Nashik real estate sector has finally a reason to rejoice! 

The real estate segment of the Wine Capital that was facing a set sudden rise in prices of properties recently has finally a ray of hope after the announcement of Union Budget 2016, by Finance Minister Arun Jaitley on 29th Feb 2016. The declaration of exemption of Rs. 50,000/-  of annual installment for the first-time buyers who opt for a loan amount of Rs 35 Lacs for a property costing within Rs 50 Lacs has brought hopes among the buyers of the city. 

“It is not a populist, but a responsible budget. The tax measures for affordable housing recognize the potential of real estate sector that will add to growth and job creation. Given the strong linkages of housing with the manufacturing sector, the measures would provide a fillip to the Make in India and Startup India Campaigns. As housing is the only asset for the common man, these measures render the budget socially inclusive”

Says Jayesh Thakkar, President, CREDAI NASHIK

We believe, the announcement during the union budget for the housing sector regarding the exemption of Rs 50,000/- in annual installments will be a big aid for the first time property buyers in the affordable housing segment. 

It’s a sigh of relief for the ones who have been searching for an affordable property in the city. Top builders in Nashik too, which have constructed affordable residential projects such as Parksyde, Samraat Group, etc. can expect a boost in the sales this year.

So finally, the dream homes in the city of Nashik are now going to be a reality for the first time buyers soon! 

What are your views on the Union budget 2016 announcements about real estate sector by Finance Minister, Arun Jaitley? Comment your views below! 

Aiming High For A Mature Real Estate Industry

For any organization, its growth is analyzed and calculated based on certain parameters. These parameters are based on the diverse elements of the organization and ultimately the vision and goal that is set to be achieved.

We, at Credai Nashik have a vision to work for in order to enhance the realty market of the city and enable professionalism and maintain transparency in our business.

Our vision is to be an organization constituting of reputable industry representatives that is an embodiment of Trust, Value for Commitment, Skill development, consumer rights ensuring the growth the real estate and infrastructure and its sustained contribution to the Indian GDP. 

Having followed and taken all the necessary steps to step ahead and move forward towards achieving our vision, we all ensured our mission is aligned to our vision.

The mission we had set for 2014-16 was well synchronized with our initiatives and steps supporting the progress.

Our Mission 2014 – 2016

To ensure “Credai Nashik” is a certification that is synonymous with assurance of Peace of Mind of the Consumer. Showcase the Real estate opportunity of the city across domestic and international platforms and contribute to the growth of CAGR (i.e. Compound Annual Growth Rate) of real estate industry of the city. The Organization will endeavour to be an autonomous authority to ensure innovation & implementation of best practices that will not only regulate Industry performance, but also add value to the quality of homes in the country.

With this, we aim high to grow the real estate industry of the into a mature and professional one in the near future. We believe, the year 2016 will be very happening and a progressive year for the real estate industry and the a fruitful one for the builders and developers and also, the buyers/investors. 

Near Future is All About Affordable Housing

Yes! The good news for all the home/property hunters!

Affordable housing has long been a subjective term for all the buyers and the builders across the real estate market till today. Potential buyers perceived affordability of property as something that fits into their budget, while the term’s meaning varied from a builder’s perspective.

However, according to the ET Realty’s recently published newsletter, the government plans to provide affordable housing options for all with well supported infrastructure and connectivity. Yet, it is expected that the government will take proactive steps in enabling this provision than becoming a provider. And this is one of the reasons we can see infrastructure developments across the states and cities.

We believe, having more supply would bring in this objective of providing better housing and affordable housing options for all through enhanced connectivity and at the end, a place to live with good connectivity is often, the preferred choice of the buyers. 

Read more about the ET Realty Newsletter, published on 14th February 2016, as under:

Dear readers,

It is a welcome statement from Union Minister when he talks about the government planning to provide houses priced below Rs 5 lakh. Does the country need affordable and low-cost housing? Yes. But, this needs to be supported with good infrastructure and connectivity.

It’s a noble cause, but the government’s role is essentially expected to be of an enabler and not of a provider. The government does know that very well and is acting upon it. That’s why we have been hearing about the push on infrastructure and improvement in connectivity.

The best way to make housing affordable is to increase its supply and improve connectivity to satellite towns that can accommodate mass housing projects.

For example, the state government of Maharashtra has already drawn a plan to develop 100 sq-km city with private participation in Uran, situated around 50 km east of Mumbai. However, given the current economic growth centers in Mumbai, it’s unlikely that people would move to this new city unless a speedy mass-transit option exists.

Therefore, the key is infrastructure and better commuting options. If people in US are commuting from New Jersey all the way to Manhattan, a distance of over 70 kms; Mumbai has more options within a periphery of this distance that can be used for mass housing, provided the connectivity is good. And this can be a case for any urban and economic growth center across the country.

So rather than working on a plan to offer homes priced below a certain price tag, the government needs to accelerate its speed at which infrastructure is being improved and affordability can be taken care of through higher supply.

While the government is taking steps to improve crumbling infrastructure in the country’s financial capital, the speed at which it is being done has to be enhanced. Several big ticket projects including coastal road and trans-harbour link will connect and offer more options for people to live out of choice, not out compulsion.

Thrust can be on empowering or enabling people with good infrastructure and not just building a roof on their head. 

Benchmarking Residential Landmarks by Samraat Group

CREDAI NASHIK has been a very convenient platform for all the home buyers and potential investors who have been hunting for lavish and affordable residences for long in Nashik.

The city of Nashik is now witnessing transformations in terms of quality and high-end lifestyle residences. This is synonymous to the revolution in the real estate industry as in other metro cities.

The top builders in Nashik like Samraat Group and Parksyde have come up with some of the landmark residential projects in the city which aim at transforming the lifestyles of the people of the city into a lavish and luxurious one with all the comforts coupled to the facilities and features. 

Below are some of the projects by Samraat Group in the Wine Capital of India:

• Samraat Nucleus: Located in Mumbai Naka, Samraat Nucleus is Nashik’s first luxurious integrated lifestyle development, is also one of the most preferred properties of Mumbai Naka, the centre of Nashik. A well-thought-of offering that brings luxury homes, boutique office spaces, retail spaces for renowned brands and a plethora of higher order recreation and lifestyle offerings all at one place right in the heart of Nashik City. Live, work, play, relax, entertain, celebrate.

• Samraat Gokuldham: Samraat Gokuldham Society is a residential project of Samraat Group located in the heart of Nashik. This residential project comprises of 2 BHK and 3 BHK spacious apartments with modern decor as well as basic amenities.

• Samraat Vrindavan: Easily among the most sought after residential properties located on the Mumbai-Agra Highway, Samraat Vrindavan offers peaceful 2 and 3 BHK residences with sun deck. Surrounded by affluent families and very close to the airport, it also offers proximity to places of prominence like educational institutes, schools, hospitals, markets, bus depots, and Swami Narayan Temple.

• Samraat Symphony: Situated in a quiet, serene location and well-connected to the city, Symphony is among the finest properties on the Mumbai-Agra Highway and is undoubtedly Nashik’s First Value Home Township. All important infrastructure facilities and social needs are housed within a close radius.

• Samraat Tropicano: Ranked among the most premium residential properties on Gangapur Road, Nashik, Samraat Tropicano is a perfect portrait of a tropical island, which will leave you mesmerized.  Presenting 2 & 3 BHK Terrace Beachside Residences amidst tropical ambience and a universe of luxuries. Besides, Samraat Tropicano is North Maharashtra’s First Project to be rated 6-Star by CRISIL.

Explore the details of residential projects by Parksyde, an initiative by the Jaikumar Group of Companies, and various other top builder in the city on the CREDAI Nashik website. 

Some easy ways to bring in some Vastu Energy in your home

Vastu has been playing a vital role in the decision buying process of the buyers for a long time. Here are some of the Vastu tips that you can bring into your home for a much better living experience and positivity at home.

Grab the positivity

Vastu Shastra has played a crucial in attracting the positive energies to your home and the right kind of setting and segmentation of your furniture can help you attract a lot of positive energy. Preferably, opting for a home that has east facing, north facing and north-east facing entrance is the first thing to look for in a home.

Keep the clutter away

Avoid having cluttered spaces in your home. Cleanliness is the way to attract positivity inside your home.  Do away with all the extra unnecessary items at home that add to clutter in your home. Keep your home clean.

Less edgy corners and sharp edges

As you search for a home, ensure the one you pick has  less number of edgy corners of walls and less sharp edges in the home. Edges are said to bring negativity in your home, so avoid a property with too many sharp edges and corners.

Bedroom space for a good relationship

Decorate your bedroom with some happy pictures of you and your spouse. Use soft furnitures in your bedroom and avoid heavy furniture. Ensure the bed does not face a mirror as it would bring negativity to your bedroom.

Avoid unpleasant sounds and things

Thorny plants such as cactus and other shrubs should be avoided in a home as they attract negative energy. Also, avoid the use of artificial flowers or plastic flowers instead, use real flowers instead.

What are the Cons of buying an under construction property?

As we discussed earlier about the advantages of investing or buying an under construction property, in this post we will share some cons/disadvantages of investing in under construction properties.

So, if you plan to buy/invest in under construction property, keep the following pointers in mind before you finalize any property:

Risk of delayed possession: 

There is a high risk of the possession time being delayed in under construction properties. This can be due to the land disputes, incomplete legal permission from authorities, lack of funds available with the builder or even a ban from the government. Hence, a high risk of investing in under construction property prevails.

What you get might differ from what you saw initially: 

It is one of the major issues that investors and buyers come across in the under construction properties. You may not get the type of property that the builder showed you initially as a sample flat. Ensure you check the features/amenities/specifications that builder shows you initially, matches those in the flat you bought.

No Tax Benefit: 

When you buy a property under construction, you will be liable to pay the service tax which is not applicable to properties which are ready possession. The under construction properties do not have the completion certificate due to which you need to pay the service tax.

Hence, the choice will remain yours whether to go ahead with buying an under construction property or to opt for a ready possession home as both have their own pros and cons. Ensure you take a wise decision and do not regret it later. 

What are the advantages of buying an under construction property?

Buying a property has always been a risky decision as it costs in the huge amounts that we have often saved our entire lives.  However, buying a property is a dream that is common to almost all of us. 

Food, clothing and shelter being the basic human needs, buying a property is already a crucial 

decision.

To help you take a wise decision, here are some advantages of buying an under construction property:

Wide variety of choices: 

Investing or buying an under construction property gives you the opportunity to choose the property that appeals to you’re the best from the numerous options you get to pick your dream home from. You can decide on the basis of the area of the apartment, direction of the apartment etc.

Great returns on Investment: 

Investing in under construction properties can prove to be a wise decision for the investors and buyers because the prices of the under construction properties are lower as compared to the completed projects.

Flexible payment options: 

Well! For most of us, this turns out to be one of the best options for payment in under construction properties as there are multiple payment plans/options you can pick from according to your convenience for the payment for the property. Also, the developers have also certain flexi plans that can help you make payments as per the option that you find feasible. 

So, if you have been planning to invest in Nashik, you must try to explore the under construction properties in the city. However, Just like there are two sides to every coin, there are a few cons of investing in under construction properties as well. We will discuss the cons of investing in under construction properties in our next post. Till then stay tuned!