Articles #first time home buying

Buying your first home and saving cash for a down payment and Stamp Duty, always cause delay to purchase a home. Due to these reasons people often back up to the idea of buying the perfect home and settle for cheap or rented options. However, there are other factors that decide our possibilities of buying a home.

Buying a home in a metro city is something that everyone dreams about. The question stands whether the desired home meets the basic and financial requirements. There is more preference to the point of buying a home that is close to the major transportation hubs and also suffices our daily basic needs.

Indian real estate sector is shaping itself dynamically with a progressive approach to migration. Presently, the Indian real estate sector is one of the most recognized sectors which influence rapid development and growth. According to the India Brand Equity Foundation (IBEF), the Indian real estate sector is expected to reach a market size of US $1 trillion by 2030 from the US $120 billion in 2017 and it will contribute 13% of the country’s GDP by 2025.

As soon as I completed my graduation in Law, I landed myself into a job as a lawyer in Mumbai. I completed three years in the law firm setting my career and to save enough to complete my next motto which was to buy a house. So, my goal to choose a place of living was not only to be surrounded by city life but also close to nature.

Thane is aptly called the 'city of lakes' and with the well-planned cities infrastructure, there are many gardens and green spaces dotting the city. Over the years, Thane has developed from a small town to a well-built megapolis. Widened highways, well-maintained flyovers, and other infrastructural developments are making Thane, one reliable choice over others. City’s infrastructure is something that makes a deal. And in the case of Thane, it proves a good deal for a lifetime.

Mumbai is one of the most dynamic cities in India. Mumbai has a vibrant and energetic culture that moves at a fast pace. In this fast accelerating city life, a path of peace and calmness has become difficult to find. This quest for peace brings us to one of the most serene locations in the suburbs of Mumbai that is Mulund.

Kalpataru Launch Code Starlight offers 1, 2 and 3 BHK Apartments. The project is combined with several innovative, state-of-art design features that perfectly balanced exclusively.

In 2019, the real estate sector went on with a slow-pace due to difficult market conditions. There were challenges that kept an upfront resistance in the sector’s growth which made the developers rethink their strategies and work on their weaknesses.

The government is actively putting efforts into providing affordable housing to all. The PMAY (Pradhan Mantri Awas Yojna) was started in order to help the citizens buy affordable homes. If you meet the criteria laid down by the government then you can get tax benefits under the PMAY initiative of up to 2.67 lakhs which is a great way for the first time home buyers to save money.

With experience in the Indian Real Estate Market, Puraniks Group has launched its modern design and limited range of apartment projects namely, Puraniks City Reserva.

Puraniks Tokyo Bay 1 BHK Japanese Style homes at Kasarvadavali Ghodbunder Road, Thane, by the Puranik Builders is everything you ever dreamed of about your home.