Situated in South Mumbai, Byculla is an extension of Mazagaon and is one of the seven islands that originally formed Mumbai. It was initially a residential area until in 1857 a railway station and some mills started coming up here. Byculla is a well connected locality, many busses ply on the roads and there is also a railway station in the area.
Buying a house is a dream come true for most individuals but the steps involved in the purchase can be very exhausting. To guide you towards your dream house, we are going to give you some interesting insights about how to go about make the biggest investment of your life.
Located on the Salsette Island, Dahisar is surrounded by the scenic hills of the National Park on the Eastern side. Dahisar, the word is derived from "Dahi" which means ten in the language used by the natives of Dahisar. The marshy areas in Dahisar were converted to a link road some 30 years back and the place was once full of enormous rocks which have been removed now.
Ghodbunder Road, also known as GB Road is also famous as the state highway by the name of MH 42. As the name suggests, it takes you to the historical town of Ghodbunder, roughly around 20 km long this road is the link to two main roads of the Eastern Express Highway and the Western Express Highway.
In the metropolitan cities property buying procedures are more difficult as there are multiple types of properties that exist there. Below we are going to discuss two kinds of properties, Freehold and Leasehold.
The main difference between the two kinds is the land ownership and control. As the owner, you can mostly do what you wish with your home provided you keep within local planning rules. In leasehold; the ownership is mostly given by the government for tenure of 99 years.
Getting old without any proper financial cover can be upsetting. With the rising cost of living and no regular income at a senior age there can be significant problems. For senior citizens the ideal situation will be to get a regular income flow without having to do any job, but is that possible? In our country, many live the dream of building or owning their own house, in most cases it’s the senior citizens who spend all their hard earned money to build a house. After spending all their investments in the house, they can turn to a feature called the Reverse Mortgage. They can convert their asset into cash for a stipulated duration. This will help them fulfill all their financial requirements in old age and keep them independent.
Finding a place to call “Home” is a lifetime dream for every individual. This is an important milestone in an individual’s life and it requires a lot of thinking and planning. To arrange for money is one major task many people face while buying a house. To ease this difficult job of arranging money, one can opt to take Home Loans. This means that an individual can take money from a bank and then can pay back in installments. A number of banks are providing this facility and are arranging for loans for as long as 20 years. To avail the loan facility, one has to clear the basic parameters described by banks. Mostly the loan depends on the individual’s credit profile, salary, academic and professional background. It is advisable that you consult a home loan expert before you apply for a home loan.
Dilshad Garden was developed by Delhi Development Authority and is also referred as DG by its residents. Over several years Dilshad Garden has developed at a slow pace but it is now considered one of the best housing colonies of Delhi. The residents are a combination of all castes and all income groups.
AREA OUTLOOK The name Marine Lines is derived from the Marine Battalion Lines, a military organization built by the British. This organization’s building was later converted into residential quarters for officers from the Air Force. There was even a road with the same name on which Bombay Hospital and Liberty Cinema now stand. Marine Drive on the western side faces the sea and is also known as the Queen's Necklace View.
Flooring can make a dramatic difference in the appearance of your home. It also contributes to the resale value as well as enhances the character of a home. Nowadays there are a number of choices available in the market if you are considering doing the flooring for your house. Let’s take a look at four of the most popular flooring styles used in India.
Almost 4.59 mn. sq. ft of office space were up for grabs in Chennai’s business districts in the year 2011. Across the Central Business District (CBD), the Suburban Business District (SBD) and the Perepherial Business District (PBD), 1.89 mn. sq. ft of office space was leased out in the first two quarters of the year. By the end of the year, another 2.68 mn. sq. ft. of office space was leased out. Of the three, PBD is currently emerging as the toast of the IT sector.
Naigaon famous for Toddy, (Palm Wine), is a village in Thane district of Mumbai. There is also a railway station by the same name on the Western Line of the Mumbai suburban railway. Like most of the localities in Mumbai, this area is also divided into East and West zones. The Eastern side comprises a famous temple, Chandika Devi and Mittal Enclave, which is a project being developed by the renowned Mittal Builders. On the other hand, in the West there are many residential areas like Mariam Nagar, Amol Nagar, Dias and Pereira Nagar and many more. Naigaon is also famous for Mariam Nagar where salt is produced on a huge scale and dry fish by kolis (fishermen community) who live in the vicinity.
Indira Nagar in East Bangalore showed the maximum appreciation in capital prices over the last two quarters moving up from Rs 5590 to Rs 6345 per square feet. Indira Nagar has given a 375 per cent return on investment in property from 2005 although this uptrend in property prices has been fractured and laced with downtrends as well. However those who have hung on to their investments in this turbulent period today stand to make a neat profit.
Churchgate, named after named after St. Thomas Cathedral, is an area in downtown South Mumbai. It is a commercial hub and has now been christened Veer Nariman Street. Upto the 19th century, Mumbai was a walled city with three gates, Church Gate being one of the gates. Though a complete commercial district there are a few residential colonies as well in Churchgate.
Paharganj, the name literally means a hilly neighbourhood, but it is nothing close to that on the contrary it is a maddening as well as a fascinating locality in West Delhi. It was initially built as an extension to the walled city in the 17th century, but gradually developed into a famous wholesale grain market. By the 19th century it was bustling of affordable hotels, lodges, restaurants, dhabas and a wide variety of shops that cater to the foreign tourists and residents.
Real Estate Industry Pins Hope on the Budget, Looking for Industry Status and More
The real estate sector, is currently buckling under a severe credit crunch, hence is pinning its hopes on the forthcoming budget to bail them out. Reduction in interest rate for housing projects, drop in excise duty for raw materials used in construction and continuation of interest rate subsidy for loan for housing projects are some of the favorable changes they expect from the 2012-2013 budget due to be tabled on March 16.
AREA OUTLOOK Mumbra is a suburb of Mumbai city; the name is derived from the famous temple of Mumbra Devi which is located over the hills. Mumbra is said to have been formed in the 17th century as a Mughal outpost but soon it was transformed into a shipbuilding industry because it is a natural port.
Though it is a multi cultural place where people from all religions reside, it is still considered a Muslim dominant society. Mumbra is not a planned city, although it is home to a number of buildings that have been constructed over the years.