Financial Chronicle: First Time Home Buyer? Count Your Extra Outgo On The House

Click image to view full size

Click image to view full size

When investing in an apartment or a house, the first time buyers should be careful about additional charges such as taxes and maintenance, which he reckons only after the deal is struck and the details are explained to him.

Besides the cost of the property calculated per sq.ft for the total are, the buyer has to plan additional 20-30 percent of expenditure on stamp duty, registration fee, service tax, advance deposit of maintenance charges for 12 months, legal charges, water and electrical connection fees, car parking, club charges and other charges.

Theme living becomes the new in-thing in India’s metropolitan cities

Leon's World at Rustomjee Athena, Urbania

Leon’s World at Rustomjee Athena, Urbania

Imagine living with Disney characters or having a personal amusement park instead of the regular playground right within your apartment complex. Builders and developers are fast realizing that the moolah is in catering unusually well to specific needs instead of simply meeting up baseline requirements and they are identifying niches, mini target segments to go after. These could be children, sports enthusiasts or senior citizens.

Theme-based projects have kicked off in India and hold a good growth potential. The reason that these types of projects stand out amongst others is because they are marketed differently, target a specified clientele and are customized according to the need of the buyer. Experts believe that even though theme-based residential projects are new to India yet it will grow significantly in the future as there is a novelty factor attached to these projects.

Rustomjee Group in Mumbai also has created dedicated children’s living in some of their projects. They have a knowledge and activity Centre known as ‘The Leons World’ and Yazoo Park in the Evershine Global City project in Virar. Yazoo Park is a 12-acre exclusive amusement park for kids inside the township. Percy S. Chowdhry, Director of Rustomjee Group says that such concepts are likely to gain momentum going forward as people want to experience focused living.

Read More:  Theme living becomes the new in-thing in India’s metropolitan cities

For more information about our projects, please visit: www. rustomjee.com

Economic Times: Mumbai builders see an opportunity in small homes despite rising prices and market uncertainty

DSC_8905

Single working individuals and newly married couples, trapped in an environment of rising property prices, uncertain job market and a gloomy macro-economic scenario, are reconsidering the option of buying the more affordable one-bedroom apartments in Mumbai.

These home buyers, confident of good increments and job security in the past few years, had shunned such apartments and focused on buying at least two-bedroom apartments, or something even fancier. But things have changed since then, and these folks aren’t ready to take on higher liabilities of owning bigger apartments, especially at current rates.

Read more: Mumbai builders see an opportunity in small homes despite rising prices and market uncertainty

 

Thane Vaibhav: Republic Day celebrations at Rustomjee Athena, Urbania – Thane (W)

Republic Day celebrations at Rustomjee Athena, Urbania - Thane (W)

Republic Day celebrations at Rustomjee Athena, Urbania – Thane (W)

The Republic Day celebrations were hosted and organized at Rustomjee Athena, Urbania, Thane (W) by the residents of the flats in Thane West, with great enthusiasm. The opportunity allowed families to get together to celebrate and honor the date on which the Indian constitution came into force.

A Senior citizen Mr. Trivedi along with Mr. Milind Bhalla, Editor – Thane Vaibhav, were invited to hoist the flag, which was followed by a drawing competition, sponsored by Leon’s World, Rustomjee. The day had fun filled activities for the children and a cookery competition for Ladies, residing in the apartments in Thane, with a prize distribution ceremony towards the end. The event saw great fervor and participation from the residents of Athena.

For information on Homes in Thane at Rustomjee Urbania, please visit: www.rustomjeeurbania.com

News Update: Reforms in township policy to promote planned development of Mumbai real estate market

Rustomjee Urbania - Thane

Rustomjee Urbania – A 127-acre self sufficient township in Thane.

Living in an integrated township is a growing trend. The new age home buyer is showing a preference for community living that offers a mix of amenities at the doorstep. To make townships more viable, the state government has introduced some reforms in the township policy.

According to the fresh policy as approved by the Chief Minister, the state government has decided to make it mandatory for special township projects to set aside up to one-fourth of the land for economic activity. The idea is to create new economic centers and better employment opportunities. This will also de-congest existing business hubs.

Read more: Reforms in township policy to promote planned development of Mumbai real estate market

Homemaker magazine: Kids friendly Décor Ideas

Leon's World

Leon’s World

The Homemaker Magazine features Leon’s world at Rustomjee Urbania, a space with activity centers for  kids, where they explore a world of learning beyond the ordinary.

The article encourages parents to create baby proof spaces in their homes, for kids and emphasizes on the importance on play. Taking this thought further, Rustomjee created the Leon’s World, that presents  language rooms, maths & science rooms, art rooms and music rooms that ensure that your children learn while they are having fun at the same time.

Read more: Kids friendly Décor Ideas

Financial Chronicle: Rustomjee offers new luxurious tower in Thane

Rustomjee Group has recently launched Rustomjee Azziano, a luxurious res­idential tower in Thane district.

This 14-tower project is spread across 13 acres. Tower A and B have been recently launched and each tower will comprise 24 habitable floors, in addition to four levels of parking, the com­pany said in a statement.

Percy S Chowdhry, director, Rustomjee, said that Thane is em­erging as a key centre of futuristic growth in the Mumbai Metr­opolitan Region (MMR) because it offers good social, along with substantial lifestyle, residential options to the homebuyers.

“Rustomjee Azziano is a plush residential 14 tower project pr­esent inside Rustomjee Urbania that comprises two and three-BHK homes and is poise to give its customer a complete experience of staying in luxurious en­vi­r­onment,” he added.

Rustomjee Azziano, at the 127-acre township in Thane – Rustomjee Urbania

Channel Partners’ Meet – 12th December 2012

Rustomjee - Channel Partners' Meet
Rustomjee - Channel Partners' Meet
A Channel Partners’ meet was held on the 12th of December at the Rustomjee Urbania (Thane) township, where brokers across Thane were invited to be a part of the launch of the Rustomjee Azziano show flat.

Mr. Abhishek Kapoor, CEO, Rustomjee Urbania spoke in detail about the township, the concept of Childhoods Available, the amenities and advantages provided at the township. Mr. Kunal shaw, Sales Manager presented on various highlights of the project through the Azziano show flat. Rustomjee Azziano is a premium offering from Rustomjee Urbania, the 127-acre township in Thane.

The objective of the meet was to educate the brokers about the premium offerings and to strengthen relations within our network.

NDTV Profit – The Property Show highlights the growing trend of child friendly homes

On the ‘Times Property Show’ on 28th November, NDTV Profit highlights the demographic shift towards the young, that every organization is taking note of and the growing trend of child friendly homes.

Young buyers today are loking for homes that are primarily well equipped with spaces that will nurture their children’s needs, enriching their living experience and making childhood a special journey. Prominent developers are developing projects that encompass planned spaces for kids of all ages, where the amenities go beyond a playzone in the vicinity.

Mr. Abhishek Kapoor – CEO – Rustomjee Urbania says that one of the essential element that a customer would be delighted about is child-friendly homes & projects. With this thought in mind, Rustomjee has developed a knowledge and activity centre – Leon’s World at Rustomjee Urbania.

Visit: Leon’s World – Rustomjee Urbania, Thane

Times of India: All round growth

Rustomjee Urbania township in Thane

While central locations are always in demand, peripheral locations are also turning equally lucrative. Newer infrastructure developments and availability of a land bank has led to growth of several peripheral locations.

Mr. Percy Chowdhry, Director, Rustomjee says, “With more and more offices moving to the suburbs, areas like Malad, Goregaon and Borivali have witnessed enormous development over recent years, leading to demand for housing near the workplaces. Suburbs like Virar which are newly developed, offer a well planned area with scenic, picturesque landscape. On the central side, Thane has large layouts and the buyers in Thane are mostly people who opt to live in such large integrated layouts with everything from work to schools at a stone-throw’s distance.

Read more: All round growth