|Buying Property Tips#1: Choose the Right Location|
|Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.|
|Buying Property Tips#2: Study the Local Market Dynamics|
|It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.|
Strategically located in Thane west in the state of Maharashtra, Vasant Vihar forms a part of the Konkan Division. Today Vasant Vihar boasts of top class infrastructure. Truly It is growing tremendously in real estate sector.
Salient features :
It is one of the expensive parts of thane having close proximity to societies like Siddhachal, Hiranandani Meadows etc.
Being an independent locality it has all facilities like Schools, Hospitals, super markets, restaurants, Malls etc. for its residents.
It is immaculately connected to various parts of the city with train, bus and all public transport services. People can easily travel to cities like Mumbai, Navi Mumbai, Dombivali etc. via the Eastern Express Highway which is at short distance from Vasant Vihar.
Connectivity Overview :
The roadway and railway connectivity of Vasant Vihar is very comfortable and smooth. Train, bus and all other public transports are easily available from this area.
The Chhatrapati Shivaji International Airport is at an easy reach from the locality.
Located near to the Pokhran Road, it is in parallel with Ghodbunder road with a very short distance.
Important highways like Eastern Express Highway and National Highway are within the 4 to 5 minutes from Vasant Vihar.
It is well connected to Thane Railway Station with a driving distance of 10 -15 minutes.
|Buying Property Tips#3: Choose the Right Property|
|Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.|
|Buying Property Tips#4: Do the Math Properly|
|Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.|
|Buying Property Tips#5: Consider Additional Expenses|
|When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.|
Major Business Centers like Powai and BKC (Bandra Kurla Complex) are at approximately 35 to 45 minutes drive distance from the locality.
It also has good connectivity to various parts of Thane and Mumbai City via Ghodbunder road and Eastern Express Highway.
Bus services such as State Transport bus, Best bus and TMT bus are easily available from the locality at a very good frequency.
It has close proximity to cities like Dombivali, Bhiwandi etc.
Accessibilities Overview :
Vasant Vihar facilitates its locals with all important accessibilities such as Schools, Hospitals, Bus Stops, Banks, Gardens, Restaurants, Malls, and Movie Theaters etc. at a very short distance.
Presence of Schools & Institutes,Malls,Cinemas,Hospitals,Banks & ATM,Restaurants,Garden & parks adds cherry on the cake.This facilities attracts people to reside in this locality to fulfill their lives with happiness and peaceful surrounded environment like heaven.
Interesting Spots :
Vasant Vihar has many enchanting spots where the visitors as well as residents love to visit and enjoy their weekends and holidays.
Located very close to nature it has close proximity to Upvan Lake, one of the most famous lake in Thane city.
Sanjay Gandhi National Park is at a short driving distance.
Temples such as Shani Temple, Santoshi Mata Temple, Mahadev Temple etc. are located nearby.
The Yeoor Hills to the west of the Vasant Vihar gives a beautiful picturesque view.
One can also enjoy the weekend at Tikuji – ni – wadi.
The improvements and landscape transformation of this locality has driven up the property rates by 20 to 30% and there are many other developmental plans in pipeline which are highly expected to further increase the property rates of Vasant Vihar.
|Buying Property Tips#6: Inspect the Property|
|To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.|
|Buying Property Tips#7: Pick the Right Financing Option|
|While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.|
|Buying Property Tips#8: Invest through Equity|
|One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.|