Why having a house in Juhu is a dream

Dec 20 2018

We all dream of a home. In addition, we know at least one person who owns many. Well, to make this dream a reality, it requires savings of a lifetime and more years than we can count our fingers to purchase one or more. “Juhu” is one of the most sought-after, and dreamt about destinations to build a home. Why? You ask me. Spacio got your answers!

In the article, we will not only tell you, what makes Juhu a premier suburb of the city, but also the fact that why the prices there are at their highest?

With the spiking high demand rate for houses in Juhu, the place is fraught with endless opportunities as well.

1. Proximity to leading educational institutes.

From top public and private schools and colleges to best of teaching/coaching  institutes, Juhu  has it all. If you have lived or are living in Mumbai, you are very well aware of the fact that you would not want to be stuck in the road traffic. For that matter, locals strongly recommend getting a home nearby. There are both private and public sector institutions in there is an excellent atmosphere for students to study and get relevant exposure.

2. The Beach Beauty.

Home of the Infamous Juhu Beach, the place becomes a beauty. For decades now, Juhu beach has attracted countless people to walk on the sides every day. If you are a fan of Beach walks and would love your evenings gazing at the mesmerizing sunset of the beach, you better be booking aplace in Juhu. The entire Juhu borders the Great Indian Ocean, and who haven’t seen the incredible Shivaji sculpture.

3. Hub for all your needs.

Besides exceptional educational institutes, the place is inhibiting best of the hospitals, parks, and religious places. Irrespective of the religion you follow, you can find a magnificent monument in Juhu. Now, this is not all, the public parks are very thoughtfully built. For thosewho love greenery, and wish to be living close to the best of parks, you need to consider Juhu. If you are looking for the place with best entertainment options, there is no other better than Juhu.

The Bottom Line

For those who are looking for a property  in Mumbai  and are thrilled by the idea of getting one in Juhu, feel free to knock our doors to check your options. Spacio Realtors have been bringing value to hundreds of home seekers for more than a decade now. Considering never hurts anyone, so better check the options you have at the dream destination.



Is Mumbai Real Estate still worthy of your investment

Dec 20 2018

The question is haunting a lot of investors right now who are aiming at the attractive opportunities in Mumbai but are unsure of the results. Well, Mumbai is for sure a great place to invest right now but there are ways in which the investments must be made in order to assure their success.

If we look at the market, there is a bright chance of ending up big in Mumbai right now. But how? The following reasons will explain.

Surge of Navi Mumbai

Navi Mumbai, which was planned to help Mumbai tackle it’s growing corporate congestion has some practical benefits for commercial real estate seekers. We are talking about the Office spaces available in Navi Mumbai. There are a number of reasons why setting up an office or simply renting one can be a whole lot easier and cost effective in Navi Mumbai. For now, the growth pattern of this ambitious project suggests some good news for commercial properties.

Upcoming Projects

If you see your office space in the light of property investment scenario, there is a lot that you can capitalize on. The upcoming trans-harbor link will render Navi Mumbai with a whole new real estate value, making it stand out as a selling prospect alongside business operation benefits. MD at Cushman and Wakefield quotes “Navi Mumbai has been seeing steady activity in the commercial office space, with the Information Technology and Business Process Management sectors driving that growth story. Tax incentives have attracted investments from developers too, further driving interest from MNCs and domestic occupiers.”

Big Ongoing Investments

World’s biggest investor, Blackstone, after staying away from India’s property scenario has now finally showed some interest in it and has made promising investments weighing as much as $600 million. Future plans of Blackstone signify setting up of a local REIT listing, as this report by Times of India states.

Next comes Brookfield Asset Management, who have allegedly invested a hefty amount of $1 billion in Mumbai’s real estate. Both of these headlines point to the fact that Mumbai is receiving serious consideration from all over the world and the growth of property rates will be inevitable, telling us that NRI investment in real estate would be worthwhile in the coming few years.

Scenario after GST

The implementation of GST in most parts of the country has resulted in huge outcry due to its complicated system of operation but in Maharashtra, it is supposed to bring an air of freshness for investors. GST will enable easy and profitable sale of properties in Mumbai that fall under the status of  “completed projects”. For the projects that are still under development will benefit from the tax relaxations on the raw materials levied by GST. This is good news for NRIs as well as domestic investors.

NRI Investment

The financial capital of the country is one of the prime spots for investment right now. Especially, the developing areas that promise relatively easy acquisition than other parts of Mumbai. Furthermore, the establishment of technology parks and rising corporate sector has boosted real estate business for NRIs seeking to invest here.

Make sure that…

Most real estate gurus suggest that the property must be held for at least 3 years before letting out in order to gain the maximum profit out of it. This has some reasons behind it. First of all, selling the property after 3 years doesn’t levy income tax on the profit and you can keep the sum without caring about the legal procedures. This will also hold true if you belong to the lowest tax bracket which lies around less than 2.5 lakh per annum.



How is real estate Mumbai still a good investment option?

Dec 20 2018


Although Indian real estate scenario has been a tumbling ride with occasional crest and troughs, the upcoming time could be a great news for investors. Especially in Mumbai, which is blooming with hundreds of new development projects. In a report by Forbes, it is clearly mentioned how big-time investors are making their move to strengthen the property sector of India.

In the recent turn of events, when the demonetization of certain currency notes took place in India, the overall business growth was hit, but the country is expected to overcome it within the first two quarters. So, now is the time when you can consider investing in Mumbai’s promising properties and find the home you would adore for your life.

Let’s look at how NRI real estate brokers propose, investing in real estate in Mumbai can be one of the better decisions you would make.

Big Ongoing Investments

World’s biggest investor, Blackstone, after staying away from India’s property scenario has now finally showed some interest in it and has made promising investments weighing as much as $600 million. Future plans of Blackstone signify setting up of a local REIT listing, as this report by Times of India states.

Next comes Brookfield Asset Management, who have allegedly invested a hefty amount of $1 billion in Mumbai’s real estate. Both of these headlines point to the fact that Mumbai is receiving serious consideration from all over the world and the growth of property rates will be inevitable, telling us that NRI investment in real estate would be worthwhile in the coming few years.

Commercial Demands

With a horde of MNCs looking to set-up their offices in the financial capital of the country, the growth of business parks and corporate office spaces has been on an all-time high in Mumbai. This is being backed by development in Mumbai’s outskirt areas where property is seeing new light in both commercial as well as residential demands.

Post GST Impacts

The implementation of GST in most parts of the country has resulted in huge outcry due to its complicated system of operation but in Maharashtra, it is supposed to bring an air of freshness for investors. GST will enable easy and profitable sale of properties in Mumbai that fall under the status of  “completed projects”. For the projects that are still under development will benefit from the tax relaxations on the raw materials levied by GST. This is good news for NRIs as well as domestic investors.

Future Returns

All of the above listed factors contribute towards a future full of good returns. Mumbai’s real estate is rapidly blooming and as it continues to grow, the investments made today will reap in benefits in the future, although not so early. Hence, if you are looking to invest in property, now is the time.

If you’ve made your mind of investing in Mumbai or you need some in-depth information regarding our NRI property services, contact Spacio Realtors today and find the best places to bet your money on!


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