Entertainment Options that Buyers look for in High-end residential complexes

Most people today prefer to buy apartments within residential complexes as they get to enjoy all amenities within the gated premises. This increase in demand in apartments within gated colonies has led some of the biggest developers to launch mega scale projects wherein within the same boundary people can get everything, right from shopping malls to cinema halls to fine dine restaurants and now the situation is such that home buyers evaluate the worth of a property based on the availability of such amenities. So, if you too are looking to buy a Buy 3 BHK Apartment in Mohali or some other Tier II city, you may want to check for the following amenities before making the final purchase decision.

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Shopping Complex: Well this is now the most essential component of a gated complex. Presence of a shopping complex is not just a luxury but also a basic necessity as people staying in such gated colonies need a place from where they can get the items of daily need. However, now in the integrated townships where there are office spaces along with residential areas within the same boundary, the shopping complexes have become much more than the regular grocery store. These days even big fashion brands and departmental stores have their outlets in such townships. So you too may want to opt for an apartment that offers such facilities.

Club: While earlier in gated colonies, the presence of a community centre was considered as a big plus, these days the expectations have increased. What people look for now are clubs with all amenities so they do not have to go out of their premises to enjoy their weekends with friends and family.

Fine Dine Restaurant and Café: Most integrated housing complexes nowadays also have fine dining as well as casual dining options so guests can enjoy a family dinner or a date with their partner without really having to drive all the way to the city centre in the evening traffic. This amenity too has become an essential in most modern townships.

If you too want to buy an apartment within one such township, you must look for projects that have been launched by reputed developers as they come complete with all such amenities and are even situated in prime locations in the city.

 

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Crucial Tax Tips To Commercial Property Investors

Most Indians prefer investing in commercial property because of high return on investment (ROI). Investing in commercial properties has become quite popular these days but when you make such an investment, it is important for you to know about the different tax details. office space

If you are investing in a commercial property for the first time, then it is all the more essential for you to go through the list given below to understand the tax specifics better:

  • The first and the most important thing that a commercial property investor should know is the type of holding structure that they are planning to use. This can have a very significant impact on the tax. For example, if you are making use of the self-managed super funds to buy a commercial property, then the tax that you have to pay will be much lesser. The depreciation report of the quantity surveyor will provide you with the list of those assets that will help you in maximizing your deductions.
  • When you already own a commercial property and are planning to sell it, then the capital gain date is the exchange date and not the settlement date. So, you can always wait till the 1st of July in order to postpone the tax payment to the next year. However, if you have tenants in the commercial property, then you do not have to pay GST at the time of either selling or buying it.
  • Most of the commercial property owners are of the belief that claiming deductions on the capital works is an ongoing process.
    However, the actual fact is that when you sell your property, you have to reduce the base cost of the property by the amount that you have already claimed before when you were the owner of that particular commercial property.

Investing in a commercial property after knowing about these important tax details will definitely be a good idea. If you plan to invest, then investing in an office space in Mohali or other places where you find a good option will certainly be a smart decision because these properties ensure very good returns in the future. Also, there are a number of commercial properties available for sale by the reputed builders in Mohali and other premium locations.

Advantages of Buying Residential Plots in Mohali

Mohali has always grabbed the attention of real estate developers and home buyers in the past. In recent years, many IT companies are showing interest in expanding their firm in this region.

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It is a dream for a homebuyer to buy a plot on sale in Mohali, considering the extraordinary benefits the city provides.

Here are some of the advantages of buying residential plots in Mohali:

Better connectivity

Ease of connectivity, location on the highway, booming industrial areas and affordable residential property prices in Mohali makes it the most promising destination for home buyers. The international airport in Mohali is planned to be operational soon, making the connectivity global.

Affordable real estate price

Mohali is a wonderful choice for NRI’s and people who are looking to own a house for their retirement should invest in it. Due to the high prices of real estate properties in Chandigarh, Mohali is offering a sigh of relief to those who want to afford a residential property near the capital city of Punjab.

Cricket Stadium

Along with steel industry, Mohali is also popularly known for its world class cricket stadium. The proximity of Chandigarh international airport is the reason to host many international matches with the capacity of 28,000 audiences. Every fan of cricket will be quite interested in owning residential plots in Mohali so that they can enjoy every match in the town live from the stadium.

The place has its own tourist attraction

Tourist destinations like Amb Sahib Gurudwara, Bhakra Nangal Dam, great Golf clubs and other attractions make Mohali a great locality for those who want to own service flats and later give it for rent to tourists.

With an increasing demand for the commercial development, Mohali is turning out to be another business hub of north India after Gurgaon. The infrastructural development and industrial growth in the wider landscape of 300 acres, Mohali have plenty of employment opportunities and became a favorite destination for those who want to own residential property in Chandigarh.

Some Features of a Commercial Property Built by a Reputed Property Developer in Mohali

Investing in the commercial property involves a lot of money, and so it is very important, that you invest in the commercial property of a reputed developer. It is very important that the commercial property is located in the heart of the city, so that you are able to get good returns from your investment. A reputed builder in the city of Mohali will always help you to get the commercial property in a place, which is frequently visited by the customers. They will always ensure, that the property that they develop, are designed by one of the best architectural firms. The commercial property of such builders, are planned and designed in the best way and are built as per the international standards of commercial spaces.

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If you are interested to find out more about the features of the commercial properties of the reputed builder in Mohali, then you can go through the list of those features discussed below:

  • The commercial property of a reputed builder always has a high-end multi-level security present.
  • The commercial property is located in a place which is well connected with the other parts of the city.
  • A reputed commercial property builder will provide a good car parking space, so that the customers, who come to your shop or your office, are able to properly park their cars.
  • The commercial properties of a reputed builder of Mohali will also have central air conditioning and good power back up, so that the people, who come here, do not face any inconvenience.

Thus, it is quite clear, that investing in the commercial property of a reputed builder, is quite a good idea and since the commercial property in Mohali, are available at a good rate, so investing here, will definitely help you to get good returns on your investment.

Few points to consider while Purchasing Luxury Villas

Villas are preferred by individuals who want to enjoy the facilities of living in a standalone house and having easy access to all modern amenities. Luxury villas can be purchased from real estate development firms, which are involved in developing modern or hi-tech cities. Villas which are located within a ‘hi-tech’ city will ensure that you enjoy the privacy of living in a standalone house. At the same time, villas in hi-tech cities provide facilities like one hundred percent power backup and twenty-four hours security, to the residents. Nevertheless, there are certain points to be considered while purchasing a luxury villa and some of these have been discussed below.

Tips for Purchasing a Luxury Villa

If you are looking for extraordinary villas in Mohali then ensure that you purchase it from a renowned real estate developer. Luxury villas require extensive monetary investment so if needed you can choose to go for a home loan, to purchase the villa. If you purchase it from a renowned realtor, then you will have easy access to all legal documents, thereby making it easier for you to get a home loan. Some of the other points to consider while purchasing a villa are as follows:

  • Since a villa is primarily a standalone house, it is essential that immediate area around the villa or the courtyard have landscaped gardens. This will add to the overall ambience of the villa.
  • Check the total square yard area of the villa. The areas of luxury villas can range between two hundred and fifty square yards to five hundred square yards. Depending upon your budget and the design of the villa, you should select one that meets your requirements.

Purchasing a luxury villa requires extensive monetary investment and hence, it should be done only after careful consideration of all the aspects of the property.

Here’s why you should invest in a ready to move flat in Mohali

floorsMohali has become one of the most popular investment destinations these days due to numerous advantages. Mohali is well connected to the major cities like Delhi and Chandigarh. Moreover, many multinational companies are opening their offices in this city. So, if you are a young professional, then investing in this city will be quite a wise decision. Even the property prices in Mohali, are quite less as compared to the property prices in Delhi NCR.

But the question which arises here is whether you should invest in a ready to move flat or an under construction flat in Mohali. Some of the advantages of investing in a ready to move flat in Mohali are as under.

You are able to see what you buy: The biggest advantage of buying a ready to move flat in Mohali is that you are able to see the apartment much before you actually invest in it. So, the chances of getting duped in this case are much lesser. In case of under construction flats, you have to rely on what the builder shows you and invest in the property before its completion.

Easy to check the legal status: The ready to move flats are already completed projects and as a result of this you can check the completion certificate, the occupancy certificate and the land titles.

So, if you are planning to invest in Mohali, make sure that you invest in one of the ready to move 2bhk flats in Mohali. This will help you to get a flat at quite an affordable rate. Again, since it is 2 BHK apartment and these apartments are always in demand, even if you want to sell it at a later stage, you can do so, and you will be able to get good returns on your investment. To get more information about 2bhk flats visit: www.waveestate.in

Why You Should Buy a Home in a Township?

Instead of just building a new apartment or villa, these days the realtors are going a step further and building luxury townships. Unlike other residential projects, a township has every amenity and facility in the vicinity itself. Luxury apartments and villas are an important part of these townships. The apartments are designed beautifully using the best quality construction materials. A township has space for shops and offices as well. Mohali is one of the fastest growing real estate destinations in India and some of the best townships are located in this city.

Why Live in a Township?

If you want to set up your office near your home only, then a township is a perfect place to settle down. You can purchase a part of the commercial space that the realtors will be leasing out. Also, the types of homes that you can purchase or build in a township are varied. You can either buy a villa or an apartment or go for a plot of land and build your own dream home.

Apart from beautifully-designed homes and offices, some of the other things that are present in a township are:

  • Luxury hotel
  • Shopping mall
  • Multiplex and an entertainment center for your kids
  • Clubhouse

Living in a township not only gives you a taste of luxury living but you become a part of a community that is diverse. People who are looking for a flat to settle in and start their family should consider townships as a great option.

The security of a township is always the best and with amenities that can be added later on, you won’t have to step out of the township until you have business to look after. Therefore, if you’re planning to buy flat in Mohali, you should definitely consider buying it in a township.