At some point during our life, we all toy with the idea of buying some land and building our own small farm house. As urban educated Indians in well paid jobs, we tend to feel that after we’ve paid up our mortgages that this would be a nice way to invest some money and also build something that we could use in our retirement. Ever since I’ve started TripVillas.com a … Read the rest “So you want to buy some land and build your own farm house?”
A question we keep getting asked by prospective second home buyers is whether we would recommend buying land or buying a home in a gated community. I’ve personally thought extensively about this question and while I would like to give a single answer, my recommendation would depend on the personal circumstances and desires. First, let me summarize what I feel are the advantages and disadvantages of each type of investment:-… Read the rest “Buying land versus buying in a gated community”
Situated around 100 km from Navi Mumbai, in the last couple of years Karjat has seen many developers launching their projects here and equally have found a great interest from buyers alike looking for a second/ retirement home in the serene surroundings of Karjat.
What makes Karjat the next best realty destination in the Mumbai Metropolitan Region (MMR), is not only affordability in realty prices, but the vicinity of the … Read the rest “Nex-Boulevard – Villas by SRS Xanthic in Karjat”
We have always maintained our view that with the skyrocketing property prices of holiday home destinations near Mumbai like Lonavala and Alibaug, Karjat, the picturesque town in Maharashtra’s Konkan coast in the foothills of Matheran, is soon going to be the holiday home buyer’s preferred location. Already one can see signs of growth of its nascent second home property markets with prices surging by each day. A well-known hill station … Read the rest “Holiday Home Property Market of Karjat and Reviews of Major Developments”
When I spoke to the developer today I was a little surprised. Karjat, the picturesque town in Maharashtra’s Konkan coast, is situated in the foothills of Matheran and is a well-known hill station in Maharashtra. The easy accessibility to Karjat from Mumbai has made it a prime weekend getaway.
However it’s been almost a year since I first reviewed this development and the prices of the plots have not … Read the rest “Bungalows Plots in UshaWoods in Karjat – Should you Invest here?”
If you are looking to construct your holiday home in a gated community and be able to take an occasional vacation staying in Mumbai, Rose Paradise situated at Pimploli Village in Karjat which is barely 9 kilometers from the picturesque Matheran can be a good option.
Already Karjat has earned its reputation for being the foremost holiday home destination for Mumbaikars and Puneites owing to its untouched greenery, good infrastructure … Read the rest “Rose Paradise – Bungalow Plots Near Karjat by Temple Rose Real Estate Pvt. Ltd.”
Orior developers – the company behind the residential township project Bhaskar Valley in Karjat – have been facing the flak for non-allotment of land in spite of timely payment by customers. Spread over 250 acres in Ambivali village on the Karjat-Matheran road, Bhaskar Valley was launched in 2007 and since then several buyers have lodged complaints on different consumer forums expressing their grievances.
One of the project coming up in Karjat is Coral lake, in Kundlaj village 5 kms from the main city, developed and marketed by RCL Homes.
Coral Lake comprises 15 buildings with 240 luxurious studio apartments of 680 sq ft facing the … Read the rest “Coral Lake – luxurious studio apartments in Karjat”
Karjat is rapidly changing into a residential hub and a popular weekend retreat destination, due to the road and infrastructure development plans and its soon to be status as a green residential zone. New projects of villas, bungalows and row houses are coming up in picturesque locations of Karjat.
One such project is Hirval in Kashele, 14 kms away from Karjat city, constructed by HR Developers and marketed by Soft … Read the rest “HR Developers’ Hirval – independent bungalows in Karjat”
Karjat has emerged as the preferred weekend getaway among the peace-seeking urban dwellers. The beautiful Sahyadri range, vast expanse of paddy fields, proposed roadway which is set to reduce time to reach Karjat from Mumbai and Panvel and most importantly, its proximity to Mumbai, Pune and Nashik, has led to the rapid development of Karjat.
In the last five to six years, several new projects – weekend home or residential … Read the rest “Villa Montana – Bali style luxurious villas in Karjat”
In the last couple of months we have been receiving a lot of queries from our readers with regard to projects offered by Artha Property, Disha Direct and Soft Corner. These three companies have of late been marketing several weekend and holiday home projects rather aggressively raising eyebrows of prospective buyers on their credentials and exact status of operations.
In this article we try to put to rest these concerns … Read the rest “Answers to readers’ queries on Artha Property, Disha Direct and Soft Corner Properties”
A recent media report has said that while residential property sales have witnessed a significant decline in metros due to higher prices and high home loan rates, demand for second homes has picked up in the past couple of years in the outskirts of cities. This is especially seen in the upper end of the market as customers are not essentially dependent on housing loans to finance their dream home … Read the rest “Surge in second home market in India: report”
Lonavala and Khandala:
Less than a couple of hours’ drive on the Mumbai expressway, one can see clouds descend on the serene, tranquil hill station of Lonavala, a perfect getaway for most city dwellers! Every weekend the twin hill cities of Lonavala and Khandala turn busy as city dwellers make a beeline, to spend some quality time, far away from the hustle and bustle of the city. Situated at the … Read the rest “Destinations to invest in a holiday home in and around Mumbai”
The second home market in India will see a growth of 60 to 70 percent in 2012, writes Santosh Naik, MD and CEO of Disha Group, a Mumbai-based realty developer and pioneer of second homes.
Naik in his blog post titled ‘Reality for Realty Sector in 2012’ writes: “As far as second home market is concerned I see a growth of 60 to 70% in 2012 due to strong growth … Read the rest “India’s second home market to grow 60-70 percent in 2012: Naik”
The demand for holiday homes in India is as wired into the country’s overall economic performance as every other segment of residential real estate. This was observed by Om Ahuja, CEO – Residential Services, Jones Lang LaSalle India in his latest article titled ‘Holiday Homes In India – Perennial Demand’ published today in the company’s blog.
“That said, it is also remarkably enduring; this has a lot to … Read the rest “‘Perennial demand for holiday homes in India’”
So you’ve probably seen an advertisement for a vacation home or have visited a friends farm or beach home and are seriously thinking of buying one for yourself. What are the important things to keep in mind?
At the very beginning, the question you should be asking yourself – Should YOU buy a holiday home? – let us go into some of the pros and cons of vacation home ownership.… Read the rest “The Pros and Cons of investing in a Holiday Home”
Image by Cajie via Flickr
So I am sure quite a few of you’ll must be thinking of buying a second home. What are good locations that I would recommend for the same?
1. Goa:- This is in my opinion the best location for a Vacation home for two main reasons – the potential for income generation and secondly the number of good restaurants, amenities, flights etc. available to make … Read the rest “Best places to buy a Vacation Home in India”
Image by dbking via Flickr
So I thought I would start by outlining a few things to keep in mind when buying a Second Home. Here are some quick pointers:-
1. Buy close to the city that you live in. By close I mean not more than an hours flight or else a 3-4 hour drive away. This will ensure that you are able to make ample use of the … Read the rest “Tips before you decide on buying a second home”