HDFC India Homes Fair – London 2013

At HDFC’s India Homes Fair that was held in London, our representatives presented our upcoming and ongoing residential properties across Mumbai and our townships in Thane and Virar.

HDFC India Homes Fair- London 3

HDFC India Homes Fair- London 2

HDFC India Homes Fair- London 1

HDFC India Homes Fair- London 4

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

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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.

Virar offers multi-dimensional benefits for affordable housing

Yazoo Park, Global City  - Virar

For Somesh Vaidya, who shifted to Virar from Borivili, it was a decision he would not regret. The area has excellent connectivity, more open space and social infrastructure is no less compared to the other suburbs. Another added advantage of buying property here is its easy accessibility to Mumbai via the Western Express Highway, which is just five kms from the area and the Metro is only in three kms. The roads are also constructed well and are in good shape.

Being the first station on the western railway’s suburban line, people get the benefit of travelling through local trains. It is the only station, which isolates Mumbai from other locations like Vaitarna, Safale, Kelwe, Palghar and Boisar.

Real estate has been booming because of players like Rustomjee, Ekta World, Bhoomi Group, Poonam Group, which have many good projects in the area. In the next two-three years, Virar is being considered as a major development city. Experts believe that if one is on a lookout for affordable housing projects, low- and high-yield investment near Mumbai, Virar is a good option. One room kitchen, one-BHK and two-BHK flats in Virar are come at a reasonable price bracket of Rs 15-30 lakhs, while the prevailing rates are Rs 3,250-5,500 per sq ft. The built-up area of a one room kitchen is about 350 to 450 sq ft and a one-BHK unit here is about 520 sq ft and two-BHK is 760 sq ft.

Read more: Virar offers multi-dimensional benefits for affordable housing

For information regards to our projects, visit:  www.rustomjee.com