If you are thinking about a property investment, then you are in good company. Many canny investors have come the conclusion that this combination of investment and return is a solid way forward. Given that interest rates are stuck in low gear for the foreseeable future it seems like a no-brainer in financial terms.

The property market is still relatively strong. With a high demand and low supply, this is not going to change anytime soon. This means that the rental market is buoyant, and as long as you buy the right property you should have no trouble is achieving a high occupancy rate. To make a success of your venture, it can be good to learn from the experiences of others who have made it work for them.

Buy the right property

This will in part be down to the amount of money you have available or the credit that you can raise. You need to make sure that you are investing in a property that will make a viable letting project. Most property investors will look for property that is relatively inexpensive so as to maximise their returns. You could buy a new property off the plans, or you could seek to make more capital gain by buying a property that needs some renovation. This will, however, be more work.

You could choose between an apartment or flat, or a small house. Individual rooms could be let to working professionals or even students. Look in areas where demand for apartments from these groups is growing. You can let on a short term basis or over a longer period. If you are targeting the student market then you will have to bear in mind you will have a higher turnover which might mean more administration. If you are letting to families, you are more likely to have longer term tenants.

The right property will be in an area where there is likely to be high rental demand. For most that will mean buying a property in a busy and thriving city, or at least in a town that has good commuter access. Look to vibrant areas where there is investment and growth. Cities around the world that offer these conditions include cities in New Zealand such as Auckland and Adelaide in Australia. Thriving hubs such as Singapore and London are still experiencing growth and offer opportunities.

Get the right agency involved.

As an investor, you are making a financial decision so it is not even necessary for you to live in the area, as your property can be handled easily by an agency. It will be much better for you if you work with a reputable local agency. They will have a lot of experience in finding the right tenants for you. They will be able to handle all the contracts and even collect the rent. They will also be in able to let you know what your responsibilities are in terms of maintenance and provide local contractors to do any work for you.

Property investment nationally and internationally is proving to be a viable and reliable prospect. As long as you buy the right property and choose a reputable agent and there is no reason it should not work for you.

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The real estate sector has always seen growth in Mumbai, but this growth has only started to accelerate of late.Despite the slump in global markets, real estate still continues to do well in Mumbai and property prices keep rising. The city’s real estate has been attracting a lot of foreign investment and not surprisingly,Non-Resident Indians (NRIs) are most interested in investing in the financial capital of the country.

NRIs have always been inclined to buying property in the overseas market, with some of the most popular locations including the likes of London, New York, Toronto, Singapore, Hong Kong, and Dubai. Mumbai’s real estate market has become increasingly important in the global scenario however, and lots more Indians are looking to invest in the city.

If you are an NRI there are plenty of good reasons to invest in Mumbai’s real estate:

1. Easy Buying:

Developers have made registration, payments, and the buying process for the NRIs a lot simpler. Interested investors also get to monitor the development of the property easily.

2. Discounts:

When NRIs make bulk or group purchases in the city, they are benefitted with sizeable discounts. Bulk purchases help developers as this maintains healthy cash flow. It also decreases the cost of acquisition for them and increases their turnover. Good cash flow also makes it easier to achieve timely completion of projects, attracting still more buyers. For this reason, builders offer bulk buyers payment flexibility along with discounts.

3. Cheap:

The Indian rupee has been depreciating. This makes the properties in India cheaper for NRIs.

4. Favourable Market:

While policy changes have given the city a more business friendly outlook, most economists also view the markets favourably and foresee growth in the coming years. Government initiatives like smart cities and other projects have also spurred growth, attracted heavy foreign investment, and have helped boost the city’s infrastructure.

5. Dual Benefits:

Buying a home in your own country doesn’t just cater to your emotional connection, but it is also financially viable. By buying property here, you can feel closer to home and also feel secure in the knowledge that you have a home to return to, should the need ever arise.At the same time, the positive market trends also offer investors the promise of big returns.

As per the findings of an Assocham survey, Indian real estate builders are expecting a rise of 35% in NRI inquiries, ascompared to the previous year’s 18%. This is because NRIs are anticipating more reforms and benefits. Most working professionals prefer mid-segment projects, while big industrialists are keen on luxury projects. Mumbai’s real estate market is big enough to cater to all of these segments and with its constant growth, the returns are only likely to entice further investment.

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Real estate is quite an important part of our journey as civilised human beings. The reason herein is that shelter is quite a basic human need and it has been the same for centuries. Nowadays we have huge properties which are bought not only for staying purposes but also as part of investment. Property returns are very high and people can earn a lot of money by just buying a flat in a developing area. The money doubles and even multiplies up to many times if you invest it correctly. Yes, there had come a time in the United States when real estate decelerated and the worth went down in leaps. However, India is far from that phase.

To understand the importance of real estate you need to study the number of real estate projects popping up daily. This shows that there is ample demand in the market for developers to build so many projects. For a proper idea, go to the property expo in Mumbai. You would be amazed to see the number of builders who have formed their stalls here to give you property advice.

The MCHI in Mumbai

There is an exhibition of real estate going on in Mumbai which is better known as MCHI and is CREDAI accredited. This MCHI-CREDAI Mumbai is quite a big deal in itself as this is a silver jubilee celebration and is an amalgamation of the best minds in real estate construction. All the properties which are out for sale would be vying for a top spot in this real estate expo. It is a two way benefit for both buyers as well as those selling. There is a good opportunity for sale and the amount of sale that happens in this kind of a platform is usually more than the usual for some stalwarts.

The buyers gain in a way that they have many more people to talk to and resolve doubts that they might have had. They could also have access to banking professionals in this real estate expo and they could seek guidance for loan options. Since the expo is CREDAI certified, it makes no sense to doubt any of the participating builders for they are only the best.

In conclusion

Go and visit this property exhibition as it is one of a kind. You will surely be amazed to see the various kinds of projects here and might get more options than what you had previously. Talking to others in the same situation might help you learn more and save yourself from committing mistakes. Mumbai has undoubtedly wooed us with this gesture and we would recommend the rest of the country to follow in the same steps.

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It is very difficult to find apartments these days because most people are coming to India for education and job purposes and people want to buy more than 1 apartment just because the projects and properties look very promising. Even the builders of this country as well as each and every city have specialized in making projects for the Indian public according to their demand, their choices and their preferences. Moreover the real estate industry of this country is a strong one and also a developed one. Hence more and more people are coming to India in search for good apartments. Even though the entire country has unstoppable demand for projects there are some cities that have a crazy demand for apartments and are regarded to have higher demand than other cities.

Kolkata is one such city which is supposedly having the highest demand in current times. The reason for this could be the amazing universities and colleges in the city. Lots of students look for universities and colleges that will provide them a brighter future and a better life and such promising colleges can be found in Kolkata. Other reason for people going to Kolkata is that the living expenses in the city are next to nothing. You can easily afford a 1BHK for rent in Kolkata. There are good colleges and universities in Mumbai and Pune too but the living expenses and the day to day expenses of the city are very high and hence one can simply not afford to spend much. The rates in Kolkata are affordable but that does not mean that the quality of apartments is not good. The quality and space factor of the apartments is classic with an abundant of space in the apartment and strong buildings.

There are some more reasons why people generally shift to Kolkata. The companies and the offices that are situated in this city are providing excellent salary packages and that attracts most fresh graduates and people who are not very happy with their existing job to come and apply in these companies. When such people go to the city, they go to the city in the view of settling there and hence in few years they start looking for a permanent job and they shift from their 1BHK for rent in Kolkata to a 2 BHK or 3 BHK depending on the size of their family. This finally leads to populating the city and hence there is a demand for more and more apartments in the city.

If you are going to Kolkata soon then you might want to pre book an apartment or pre book a flat on rent through the real estate portals on the internet. The real estate portals are also known as the property websites and the housing websites. They provide you every detail about the real estate industry. Right from looking for a flat on sale to looking for a rented apartment or a serviced flat you can do anything and everything related to the real estate industry. You can even look for land on sale on these websites. These websites have so many users that they have officially surpassed the company websites. With their various features you can post an advertisement of your flat and can post a request of the flat you wish to have. When looking for a flat in Kolkata simply type “1BHK for rent in Kolkata” and press the search button. Wait for the results to pop up and once they are in front of you evaluate every option and then take your decision.

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Nirmal Lifestyle is one of the biggest names in the property business. An imprint of the Nirmal Group, this builder has made its mark in the Mulund area of Mumbai. They are one of the first ones to invest in Mulund and till date they are responsible for the development of almost 1 crore square feet of property- both commercial and residential. With this much experience under its belt, any new launch from the group would be a promising opportunity in the region. Additionally, now that the property markets are improving, the prospects of an offering from a builder as old and reliable as Nirmal Group; is an opportunity up for grabs.

Luxury Offerings by the Nirmal Lifestyle

In their latest launch, Nirmal Lifestyle has launched Nirmal One Mumbai, an ambitious housing project that would offer not only a residential destination but also would offer commercial spaces in the vicinity of these residential destinations. The residential wing of this project is called ‘One Spirit’.

It offers 1 BHK, 2 BHK and 3 BHK houses whose floor area ranges from 600 square feet to over 1400 square feet. This project is being developed in Mulund which is a hot spot for new and upcoming residential projects. Tata Housing has also launched its luxury offering in the area. The Nirmal One Mumbai comes with the benefit of location, design and accessibility. It lies adjacent the L.B.S. Marg in an area that already has established commercial establishments. The project site as plans of newer property development in the future as well. There has already been an area allotted for commercial development.

Therefore anyone who is interested in a property project in Mulund would find this project as one of the best offerings. The price range of properties here ranges from Rs. 77 lacs to a little over Rs. 2 crores. This allows it to be within the reach of the middle and the upper income groups. The builders have already planned the Nirmal Lifestyle Mall in the vicinity of the residential housing, facing the L.B.S. Marg.

How to Explore Nirmal Lifestyle Mulund Projects?

An end user interested in learning more about the Nirmal Group projects can log into the housing.com portal and then select ‘New Projects’ option from the home page. This gives the option to choose the city. The city choice in this case would be Mumbai; which would appear in the drop down menu. The new screen reveals all the projects in Mumbai. At this point, there is also a ribbon on the screen which comprises of numerous options like ‘Property Type’, ‘Area’ and others. There is a blank box beside the city name where the end user can either type the name of the builder or the locality. In the former case, the two projects under development by the builder would appear. In case the locality name is typed, many more projects would come up- both standard as well as luxury offerings.

When one clicks on the project details, all the details of amenities are highlighted. There is the map view that allows exploring the locality as well. The drone video confirms the development of the project.

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