Muscat to host 6th India Property Fest

After the extraordinary success of the last five editions of the India Property Fest, Adsync LLC is all set to host its flagship property show in Muscat this time. The company, which is an established property expo organizer in India, has been arranging this property fest since 2013. The sixth edition is scheduled for April 15 & 16, 2016 at Holiday Muscat in Muscat, Oman.

The 2-day property exhibition is positioned to provide the perfect platform for the opulent NRI community in the Sultanate of Oman to experience an array of real estate offerings by premier developers from India that suit every budget. The show would enable buyers to understand the pulse of property markets in India and view exclusive and featured properties in tier I, II and III cities and towns. Consumers will have a wide range of choices as the show will focus on cities such as Bengaluru, Mumbai, Delhi, Pune, Navi Mumbai, Chennai, Hyderabad, Mangaluru, Gurgaon, Noida, Coimbatore, Kerala, etc.

Best of Indian developers, real estate agents and financial institutions will participate in this property show. Developers like Godrej Properties, Lodha, Tata Housing, L & T, Mahindra Lifespaces, Mantri Developers, Puravankara, Goel Ganga, Rustomjee, K Raheja, and Sapoorjee Palonjee are only a few names from the Indian contingent. ICICI Bank and Bank of Baroda will represent the financial sector for lending purposes.

The sixth India Property Fest is a must visit show as for the first time, Adsync Advertising has ventured into international real estate arena. The exhibition also promises to present lucrative investment options from Damac Properties, Emmar, and Danube Properties from UAE among others.

Property investments are always believed to be the smartest investment move. India Property Fest comes in at the right time to offer an unparalleled opportunity to NRIs in Oman to leverage the power of their additional income more so when the value of rupee is depreciating and real estate companies are promoting attractive schemes & discounts.

Affordable Housing

Terrified with the thought of having your own property in & around Mumbai? Not anymore! With realty majors like Mahindra Lifespaces & Housing Development Infrastructure Ltd. (HDIL) venturing into the affordable housing segment, 1BHK & 2BHK flats are being made available to consumers ranging from 11 lakh to 21 lakh.
Mahindra Lifespaces hitherto operated in the medium to premium housing sector only. In the phase II of the “affordable housing segment”, the company has commenced the construction of its two pilot projects in Boisar & Chennai.
The first phase which the company launched around Diwali last year has already seen more than 300 flats being sold, Mahindra Lifespaces said in a statement. “The flat sizes are roughly between 351 sq. feet  to 762 sq feet with 351 sq. feet being 1 room, kitchen and and 762 sq. feet being 2 BHK (bedroom, hall, kitchen).
In phase II, around 240 flats were launched & opened for booking in March 2015. The price bracket in the first phase was “almost” the same as phase II.
“We are looking to expand further in Maharashtra”, Mahindra Lifespaces said. The company is trying to find the right fit of the land as all these land parcels have to be well connected to the city centres.
Another City based realtor, Housing Development Infrastructure Ltd (HDIL) has announced a project in Kurla under the affordable housing space. The project, Premier Legend, offers 1 and 2 BHK flats with amenities like dedicated kids play area, gymnasium and landscaped garden, the company said in a press release. The project has got all the necessary approvals and housing loan facilities are also available from leading institutions.
“We aim at providing a luxurious experience & uncompromised leisure with our spacious apartments & top class amenities”, HDIL vice-chairman and managing director Sarang Wadhawan said in the release. The strategic location of the project and proximity to airports, railway stations, educational institutes and hospitals is an added advantage for the end buyer,” he stated.

These days, Boisar in Thane is growing as one of the favorite destination for established real estate developers to launch affordable projects. Here buyer can own a home in very reasonable price, which starts from Rs 15-25 lakh. Some big names are such as; Mahindra Lifespaces and few mores are undertaking the residential projects in Boisar and later these projects will cater the demand of homes in affordable price. Soon this locality will tout to be the hub of premium affordable homes in Mumbai.

What attracts the real estate developer in Boisar?

Now big names of industry have started the real estate projects and because of that this location is known as the hub for affordable homes due to availability of easy parcels of land. Real estate experts are saying it’s just a simple demand supply statistics, and said that it is expected that Boisar will receive the proper local demand for home in affordable price from those people, who are working in the Boisar Industrial area. These peoples are looking or homes in the range of Rs 10-15 lakh budget. This current demand always existed in the locality for real estate investment. Boisar locality is also witnessing the high demand from nearby locations such as; Virar, and more because these locations have gradually become expensive.

Buyers are not comfortable to buy property in Virar region due to increased property prices.  Boisar is one of the perfect locations where one can buy the property in affordable price with quality and basic amnesties. Boisar location is the preference of buyers to find the home within the Mumbai municipal limits beyond their means. Developer are realizing that people are targeting the Boisar region for owning the property, and the locality also offers the large land parcels, which are comparatively cheaper for developers to acquire land.

Boisar is also one of the best regions for investment as projects that were launched before three years with Rs 1,500 per sq ft are now stands in the range of Rs 3,000-4,000 per sq ft. Locations in affordable price is the primary venues for commercial establishments like; SEZs, IT parks and many more corporate houses because they are moving in these areas for better space availability in low price and also to access the suburban manpower. So, if you are looking for affordability near Mumbai than buy the property in Boisar because here you will not have to compromise on amenities and luxury.