Rustomjee Forays Into Dubai

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Yes, you heard that right! Rustomjee Group expanded its operations to United Arab Emirates and has opened its first international office in Dubai. Rustomjee Group just last week, kick started operations in Middle East by the way of creation of its first office in the region. The brand, that has established itself as among the most trusted names in the Mumbai real estate arena, has now added a new feather to their cap with the first ever overseas office in Dubai.
With over 2 decades of experience in the highly competitive Mumbai Real Estate Market, delivering homes to more than 12,000 happy customers and completing more than 30 landmark projects from affordable to super luxury homes , Rustomjee is well poised for the international leap. Their office is located at Shaikh Zaid Road in Dubai, close to the Shangrila Hotel.
Expressing his happiness at the announcement, here’s what Boman R.Irani, Chairman & Managing Director, Rustomjee Group said, “We are proud of the distance we have travelled and humbled by the love and faith expressed in us by the consumers in Mumbai. Given our ethos of trust, transparency and delivering on our promises, we are confident of our stint in the new geography and with the NRIs audience.”
Taking its philosophy of thoughtfulness to other countries now, Rustomjee is targeting the significant white collar Indian population in UAE. This includes entrepreneurs, executives in banking, oil & gas, construction and hospitality sectors. Industry estimates suggest that the UAE and GCC alone represent annual real estate investments of over Rs 5000 crores into Mumbai.

Problems faced by second/third home buyers while re-selling their property

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While investing in a second or third home, a buyer need to take a few steps to safeguard their investment. Since the house will not be occupied by the buyer there are chances of them being the victim of fraud wherein the house has been sold to multiple owners by scrupulous means. Various other frauds may include selling a property that is on mortgage with the bank or one that has pending loans on it.
To avoid these pitfalls, it is important for a buyer to verify the credibility of all documents like a title deed, encumbrance certificate, release certificate, surveyor’s report to ensure the property is free of legal complications. Also, while buying an apartment in a community housing layout, the committee or society responsible for the building should be contacted to agree in principal, to give the NOC. This ensures there are no pending dues or encumbrance on the apartment. In cases where the owner is an NRI, one must verify the Power of Attorney given to the person making the deal.

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Often times while purchasing a home it is advisable to apply for a home loan keeping the house as collateral. In this process, the bank also does a thorough background check to ensure the value of the property will not be diminished via illegalities. The involvement of a bank further safeguards buyer interest. Putting a small notice in the paper inviting any persons who think they have a claim on the property could be another safe guard.
While these are precautionary measures, it is imperative to invest in property brought from or brokered via trustworthy sources. If one is buying a home within a community project, it is important to invest in projects of a reputed developer. This greatly reduces the chance of property fraud. As a reputed developer, Rustomjee ensures that the title deed is verified and clear of discrepancies, there are requisite approvals. Our emphasis on transparency and fair dealing has ensured that investors are happy to be associated with our projects. Forty percent of purchases in Rustomjee Urbania take place through customer referrals under our brand loyalty program. Also, buying into the projects of reputed developers mostly ensures the appreciation of your investment keeping in mind the location and future development of the surrounding area.

Author: Mr. Kaizad Hateria, Corporate Customer Relations and Asset Class Specialist, Rustomjee

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#UrbaniaSummerFest: An evening where kids joyfully played amidst open spaces

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Thane, the rapidly developing suburb of Mumbai, witnessed its first summer street festival, Friday,1st May 2015 with more than 1700 parents and children turning out to enjoy some traditional summer time.
Held by Rustomjee developers in their township ‘Urbania’, the Urbania Summer Street Fest was open for all parents to bond with their children over a session of life size board games, choreographed dances, chalk art, pottery, story-telling sessions and good food!

Keeping with the trend, selfie zones like ‘The Memory Maker’ were full of funky props for people to get creative with. These engaging sessions were punctuated by performances like a street play on friendship, a flash mob of young and old, drum circle, cycle race and a drawing competition for kids where winners got a cycle from Firefox.
For Rustomjee, who is known to develop child friendly spaces, this is another step in providing a holistic living experience for families. Here are some lovely moments from the event.

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The event wrapped up with a lot of excitement and the kids took away some fond memories with them :)

DNA Property: ‘MCHI-CREDAI hai to bharosa hai’

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Boman Rustom Irani, CMD Rustomjee and Secretary MCHI – CREDAI, explains why this year’s property 2012 exhibition is a definitive home-buyer destination.

MCHI CREDAI works towards ensuring peace of mind through having all it members sign a code of conduct to follow the best practices thereby assuring the buyer of transparency in transactions. In this exhibition all properties that are sold would have the necessary approvals that are required.

DNA’s Realty Gen-Next Coffee Table Book features Mr. Boman Rustom Irani, CMD, Rustomjee

DNA’s Realty Gen-Next is a coffee table book on the city’s real estate industry and key luminaries who have shaped the real estate sector.

In ‘The man who stands apart’ the CTB features Mr. Boman Rustom Irani, CMD, Rustomjee, who takes us through his journey of being a first-generation real estate developer and entrepreneur who has led every step that Rustomjee has taken to become a name to be reckoned with.

Here’s a look into the highlights of Mr. Boman Rustom Irani’s journey in the Indian Real Estate industry – who was among the first to focus on the living experience, realizing the importance of cool lighting & thoughtful design.

The man who stands apart - Mr. Boman R Irani, CMD, Rustomjee

The man who stands apart - Mr. Boman R Irani, CMD, Rustomjee

The man who stands apart - Mr. Boman R Irani, CMD, Rustomjee

The man who stands apart - Mr. Boman R Irani, CMD, Rustomjee

The man who stands apart - Mr. Boman R Irani, CMD, Rustomjee

The man who stands apart - Mr. Boman R Irani, CMD, Rustomjee

Rustomjee to participate at the India URealty Show – London 2012

Rustomjee would like to invite you to the ‘India URealty Show’ – London 2012, that is being jointly held by Unesta and Cushman & Wakefield on the 6th & 7th October, 2012, at Wembley, London.

‘India URealty Show 2012’ aims to create an effective platform for interaction and collaboration for potential purchasers or investors in London and realty developers of India. The two-day exhibition will provide a platform to NRIs and PIOs in London to explore investment opportunities in the growing Indian real estate market.

We are pleased to announce our participation at the India URealty Show 2012. Our event representatives Mr. Abhishek Kapoor & Mr. Kalpesh Patel shall introduce you to a host of modern living spaces that have been developed by Rustomjee. They shall take you through our promising residential destinations in Mumbai. Here is sharing a brief on what you can expect to see at the event!

Rustomjee Urbania

 IGBC Gold Pre Certified, Rustomjee Urbania, is a 127 acre, self-sufficient township with modern living spaces, a School, Sports Clubs & more. Rustomjee Urbania is located in the heart of Thane, and comes equipped with its own commercial complex, a school, retail and entertainment centers, landscaped gardens, jogging tracks, tennis court, sports clubs and a lot more.

Rustomjee Urbania also presents a learning center that is the amalgamation of spaces that have been designed as a haven for a secured childhood.  The entire activity area has been divided into various space centers catering to different aspects of growth and development. The various space centers are divided across maths, science, words, colours and music. Leon’s World offers a refreshing alternative to the television, computers and video games.

Elita

 True to its name Elita which means “The Chosen One” in Latin, is a 14 storied residential tower with 4 levels of parking amid pristine landscaped terrain, offering premium residences for the selected few.

The elegant main entrance lobby dotted with attractive greenery commands views of the landscaped gardens, is poised to be the envy of Juhu.

Le Rêve

Le Rêve is a boutique residential development adorning the skyline of one of Mumbai’s most upscale locales – Khar West.

Situated at one end of serene Pali Hill, the standalone building is a stone’s throw away from some of Mumbai’s choicest gourmet hotspots.

Look forward to meeting you at the event!

Rustomjee invites you to visit ‘Vikrant Fest’

We are pleased to be a part of 276th year celebration of the “Vikrant Fest”.
This festival celebrated as ‘Naval Week’, invites visitors to India’s well-known Aircraft Carrier Ship INS VIKRANT which has been converted into a Museum.

Venue: Naval Dockyard
Date: 18th Nov- 24th Nov 2011
Time: 10am- 5pm

Don’t forget to visit us at our Stall.

To know more about Vikrant fest visit http://vikrantfest.com/

Rustomjee Spaces launches two new projects at the MCHI Exhibitions (Oct 2011)

Did you visit us at MCHI’s 19th Property Exhibition? Rustomjee launched two new projects ‘Global City Avenue I in Virar’ and ‘Azziano- a part of the Urbania township in Thane’. Bookings OPEN!!!

Visit our Stall ‘P-10′ before 8pm today to book your dream home!!!
We await you :)

Rustomjee Developers, Rustomjee Group, Keystone Group, Percy Chowdhry, Director Rustomjee, Boman Irani CMD Rustomjee, Real Estate In Mumbai, Properties in Mumbai, Boman Irani Builders, Rustomjee Builders

Creating a better world for you!

Inculcating quality as a habit

Our obsession with quality has enabled us to become one of the first wholly indigenous Indian Real Estate Development Companies to get an lSO 9001 – 2000 certification. Visit our website to know more…

Link: http://rustomjee.com/about_us.html

Rustomjee Developers, Rustomjee Group, Keystone Group, Percy Chowdhry, Director Rustomjee, Boman Irani CMD Rustomjee, Real Estate In Mumbai, Properties in Mumbai, Boman Irani Builders, Rustomjee Builders