Murbad is a small town located in the Thane district of Maharashtra, India. The town has been witnessing significant development in recent years, and the real estate sector has been a major beneficiary of this development. In this blog, we will discuss the latest news related to Murbad’s real estate development.

Infrastructure Development:

Murbad has been witnessing significant infrastructure development in recent years, and this has had a positive impact on the real estate sector. The town is well-connected with other cities, and this connectivity has attracted many developers to invest in the town. The Maharashtra government has been implementing various schemes and initiatives to improve the infrastructure in the state, and this has also benefited Murbad.

The Mumbai-Pune Expressway is just a few kilometers away from Murbad, and this has made it easily accessible to other cities. The town has a railway station, which connects it to Mumbai and other major cities in India. The Maharashtra State Road Transport Corporation (MSRTC) provides bus services to Murbad and other nearby towns. The development of infrastructure has also resulted in the development of new townships and housing projects in the town.

New Housing Projects:

Murbad has seen the development of many new housing projects in recent years. The town has become a popular destination for homebuyers, and the demand for housing has been increasing steadily.

The new housing projects in Murbad offer a wide range of housing options, including apartments, villas, bungalows, and plots. These projects offer modern amenities such as swimming pools, gymnasiums, and clubhouses. The developers have also taken care to ensure that the projects are designed in such a way that they blend in with the natural surroundings of the town.

Affordable Housing:

The Maharashtra government has been implementing various schemes and initiatives to promote affordable housing in the state, and this has also benefited Murbad. The government has launched the Pradhan Mantri Awas Yojana (PMAY), which aims to provide affordable housing to the economically weaker sections of society. The government provides subsidies and incentives to the developers who build affordable housing projects.

Palm village have taken advantage of this scheme and have developed affordable second home, Bangalows and plots Murbad. Palm village projects offer housing options at affordable prices, and this has made it easier for many people to buy their own second homes in the town. The demand for affordable housing in Murbad is expected to increase in the future, and many developers are expected to invest in this sector.

Investment Opportunities:

Murbad offers many investment opportunities in the real estate sector. The town has been witnessing significant development in recent years, and this has resulted in an increase in property prices. Palm Village invested in the town and has developed new housing projects and commercial complexes.

The town has a large supply of land, and this has attracted to invest in the town. The Maharashtra government has also implemented various initiatives to promote investment in the state, and this has also benefited Murbad. The town has become a popular destination for second-home investors who are looking for good returns on their investments.

Conclusion:

Murbad has been witnessing significant development in the real estate sector in recent years. The town has become a popular destination for second-home investors, and the demand for housing has been increasing steadily. The development of infrastructure has also resulted in the development of new townships and commercial complexes in the town. The government’s initiatives to promote affordable housing and investment in the state have also benefited Murbad. The town offers many investment opportunities in the real estate sector, and the development is expected to continue in the future.

The post Why You should invest in Murbad for Second Home | Homesouk appeared first on Homesouk.

When people think of owning a second home, they usually envision weekend away or vacation homes. They usually don’t think of having a second home as a primary residence. Thus, the second home can be profitable in many ways. As we know the value of real estate has been profitable over the years, and more and more homeowners are looking to their second homes as a way to increase their equity and their financial security. For example, if you own your primary residence and have a second home, you may benefit from renting it. 

Expand Your Real Estate Investment:

A second home can greatly expand your real estate investment portfolio if you own multiple properties. It can be done by renting out this house when you are not using it as your residential. This can help you earn monthly income and help diversify your investment portfolio. This can be very beneficial if you are looking to grow your real estate portfolio. Leasing out a second home can help you diversify your real estate portfolio and expand your investment portfolio while allowing you to earn regular monthly income.

 Improve Your Financial Security:

There are lots of benefits to owning a second home. This is because it can help reduce your total debt. This will boost your cash flow and allow you to avoid taking on further loans. This can be helpful in terms of financial difficulty. When you have a second home, you can rent it and start earning money immediately. This can be easily done with a short-term rental agreement. You can also set up lease options if you choose to rent out your home for the long term. It allows you to charge a fixed rent every month for a specified period. This can be very beneficial for retired people who cannot move into a low-maintenance home full-time.

 Investment Is Risk-Free:

Real estate property investments generally provide more significant profits than other properties, especially if the property is in a privileged location. Investing in a second home is a safe bet as the increase in property value tends to cancel out the increase in inflation. Also, if any financial emergency arises in the future, you can sell the second house to meet the required monetary commitments.

Holiday Home:

A second home allows you to travel whenever you want without worrying about paying high vacation rental rates. Buying a vacation home means you no longer have to worry about where to vacation or whom to travel with. You can determine how long you want to stay at your vacation home and choose who will join you. A second home will give you the freedom to live in a different place for the weekend and give you the privilege of hosting family and friends. A second home will also allow you to maintain ties to your community while on vacation.

 Get Out Of Debt:

If you have a primary residence and a second home, you will be able to reduce your overall loan. It can help you to get rid of indebtedness, and make you more financially secure. Furthermore, if you choose to rent out your home, there is a real possibility that you will be earning a monthly income. If you are able to rent out your property for a longer period, then you can actually get rid of debt while earning monthly income.

 Build Wealth For Retirement:

Investment in real estate, there is another reason to invest in a second home is to build wealth for retirement. If you can rent out your second home and earn a significant monthly income, it will help you build wealth much faster than if you were sitting in that house. This will allow you to take advantage of higher interest rates and help you build wealth much faster when you need it the most. It can be especially profitable if you plan to retire in the near future. After decades of running around and working relentlessly, retiring to a property away from the hustle and bustle would be the ideal way to unwind. A charmingly modest home in your hometown will help you relax and take you down memory lane. This can be a good opportunity to reconnect with your roots. Or you can choose a place of your choice and make it your retirement abode.

Conclusion:

In Real estate investment, a second home can provide many benefits to homeowners. These benefits include increasing your financial security, getting out of debt, expanding your real estate investment portfolio, and building wealth for retirement. These benefits can help make second home ownership more attractive to many homeowners. Realize, however, some risks are associated with owning a second home. Buying a second home is a big investment, but there are some important things to consider before making the decision. First, consider your income and debt ratio. Most people buy a second home for investment purposes, but you must ensure that your income-to-debt ratio is within acceptable limits. Keeping in mind that you are putting your money at risk, you should make sure that you have enough equity to cover the mortgage. If you are planning to buy a second home, make sure you can afford the additional responsibility. You’ll also want to make sure you know your financial situation before making a significant investment.

If you are looking for a second home investment in Mumbai, your search ends here.

The post Benefits of Having a Second Home appeared first on Homesouk.

There is a long route from Mumbai to Nagpur, it takes approx 18 hours of travel from Mumbai to Nagpur. To reduce the traveling time and improve the connectivity from Mumbai to Nagpur for further economic growth, the Maharastra government proposed an expressway project in 2015, which was approved. The land occupied started in 2017, and in December 2018 it was founded by Indian prime minister Mr. Narendra Modi. 

The government of Maharashtra is building the  Samruddhi Mahamarg from Mumbai to Nagpur. It will reduce the travel time from Mumbai to Nagpur. Before this expressway, it took at least 18 hours to reach Nagpur from Mumbai. The Samruddhi Mahamarg or Nagpur-Mumbai Super Communication Expressway is officially known as “Hindu Hriday Samrat Balasaheb Thackeray Maharashtra Samridhi Mahamarg”, It is a 701km long 6-lane expressway. 701 km long Mumbai- Nagpur Expressway will pass through 10 Major districts- Nagpur, Amravati, Washim, Wardha, Buldana, Aurangabad, Jalna, Nasik, Ahmednagar, and Thane. And an additional fourteen districts namely Chandrapur, Bhandara, Gondia, Gadchiroli, Yavatmal, Akola, Hingoli, Parbhani, Nanded, Beed, Dhule, Jalgaon, Palghar, and Raigad will be connected by the Samruddhi Mahamarg. This expressway is being built by the Maharashtra State Road Development Corporation (MSRDC). This project’s main aim is to boost economic growth in the rural area of this state.  And it will work as a gateway for national and international markets. It is well connected with the Jawarharlal Nehru Port Trust(JNPT) Mumbai and Multimodal International Hub Airport (MSRDC) Nagpur.

PM Modi Inaugurates Mumbai Nagpur Expressway:

Prime Minister Narendra Modi on Sunday 11 December 2022 came to Nagpur at Waiphal Toll to Inaugurate the 520-km-long phase-1  will be open to the public now from Nagpur to Shirdi of the Nagpur-Mumbai Samruddhi Mahamarg in Maharashtra. The remaining expressway work is under construction. Maharashtra State Road Development Corporation (MSRDC) has been working day and night to complete it till 2023. The second Phase Shirdi to Mumbai will inaugurate in June 2023.

Well-Connected Districts and cities with Expressways:

The 701 km long Six lanes of Maharashtra Samruddhi Mahamarg will pass through 10 Major districts-

1. Nagpur
2.  Wardha
3. Amravati
4.  Washim
5. Buldana
6. Jalna
7. Aurangabad
8. Nasik
9. Ahmednagar
10. Thane

     An additional 14 districts –

1. Chandrapur
2. Bhandara
3. Gondia 
4. Gadchiroli 
5. Yavatmal
6.  Akola 
7. Hingoli
8. Parbhani
9. Nanded 
10. Beed
11. Dhule
12. Jalgaon
13. Palghar 
14. Raigad

 will be connected by the Samruddhi Mahamarg.

Economic Development :

• The Multi-Modal International Cargo Hub and Airport is an airport project for Dr. Babasaheb Ambedkar International Airport, Nagpur. The objective of the project is to exploit the central location of Nagpur and convert the existing airport into a major cargo hub with integrated road and rail connectivity. It is the largest ongoing economic development project in India in terms of investment.
•  It is well connected with the Jawarharlal Nehru Port Trust(JNPT) Mumbai and Multimodal International Hub Airport (MSRDC) Nagpur.
•  Reliance Power operates a new power plant which is “ Butibori Power Project “is a coal-based thermal power plant located at Butibori near Nagpur. 
• Shirdi is famous as the home of the late 19th-century saint Shirdi Sai Baba.It is a famous Holy pilgrimage for all religions. 
• The project has spurred a real estate boom in Nagpur, Mumbai, and those cities which is well-connected with expressways. 

New Township Development:

The Government of Maharashtra has authorized MSRDC to act as the New Town Development Authority to venture into the long-term development of 19 new towns at strategic nodes, which is also coined as ‘Krushi Samruddhi Nagar’. Every township developed under the initiative of Krushi Samruddhi Nagar will be built on a land area of approximately 1000-1500 hectares. There are 19 new townships that will be developed at a distance of 30 to 40 km from each other. This township will be developed in two phases, the First phase has seven townships and the Second phase has eleven townships. The developmental objective proposing these new towns is to encourage the self-employment potential of the regional population through their primitive occupation i.e., agriculture or agro-related businesses. The new townships will be easily accessible from main roads, feeder roads, and national or state highways intersecting the Samruddhi Expressway through the public transport system.

Conclusion – Samruddhi Mahamarg

Samruddhi Mahamarg is 6- lanes, 701km long expressway project. It is well-connected with Major cities including Nagpur, Wardha, Amravati, Washim, Buldana, Jalna, Aurangabad, Nasik, Ahmednagar, and Thane. This project boosts the economic growth in these rural areas and makes employment. There are 19 new townships that are going to develop by the government, which is coined as  ‘Krushi Samruddhi Nagar’. Mumbai to Nagpur expressways will complete in 2023 June.

Frequently ask Questions-

The post Samruddhi Mahamarg:  latest News about Nagpur-Mumbai Super Communication Expressway appeared first on Homesouk.

It occurs every season during the heavy monsoons around the Western Ghats of Maharashtra. The natural beauty of this mostly temporary phenomenon is a delight for both travelers and photographers. The torrential monsoon rains turn the brown Sahyadri (Western Ghats) hills into lush green and the slopes are dotted with innumerable waterfalls.

One such popular spot is Naneghat, which is found off the Malshej Ghat road near the top of the Western Ghats. Malshej Ghat is a waterfall along the road connecting Kalyan and Ahmednagar. Sinhagad Fort is situated on top of this beautiful Ghat. The city of Pune is about 25 kilometers away and can be reached from Mumbai in about three hours.

In addition to being a trendy and scenic 3-4 hour trip (depending on your speed), this unusual gravity-defying phenomenon makes for a lovely photo opportunity. When you come here, you can have the delightful experience of standing on top of a waterfall and getting drenched in its cascading water! Interestingly, this trekking route was formerly a major trading route, possibly during the time of Chhatrapati Shivaji. The way that connects the Konkan coast and the Deccan plateau. Travelers are particularly attracted to the historic rock-cut caves and pottery.

Along with sightseeing and trekking in the monsoon, one can also find some hot, steaming bhajiyas and chai nearby. Some luxurious resorts have sprung up near the falls in recent years. The resort on the lake, with multiple grades of rooms suitable for groups, families, and couples, the resort and its surroundings offer a one-of-a-kind experience that goes hand in hand with the season! The Brick Village category offers breathtaking views of the lake and mountains, while the Courtyard View Rooms provide views of a lush green field.

The post Reverse Waterfall: You Should Know About Reverse Waterfall in Malshej ghat. appeared first on Homesouk.

Karjat

Karjat is a pleasant climate that includes an evergreen and healthy environmental city in Raigad district in Maharashtra, India. This area is located at a distance of about 70 km from Mumbai and 100 km from Pune. It is also famous for another hill station Matheran. Karjat is very renowned for its uncountable health resorts and for having the largest chain of farmhouses in India. The city of Karjat is socially developed and a hub of educational institutions in this mid-western region of the state of Maharashtra. The total area of ​​Karjat is 662.61 sq km, with a population density of 320 per sq km. Out of the total population, 75.25% of the population live in urban areas and 24.75% in rural areas.

Murbad

Murbad taluka is situated in a natural depression of the Sahyadri hills. Murbad is famous for its beautiful tourist places in which Malshej Ghat is a destination which is located in the Thane district, it has an average height of 700 meters. Malshej Ghat comes alive during the monsoon season (June-September) when the area is abundant with innumerable waterfalls. During this period, it is visited by many local climbers, trekkers, and adventure lovers. In the winter season, Malshej Ghat is home to exotic flamingos that migrate there. Murbad is a significant investment and second home for a person who desires to own Weekend Homes and earns money through property appreciation. Malshej Ghat is going to be a booming town with lots of amenities included. There are innumerable waterfalls, resorts, and trekking hills. Another exciting project going to start is the Glass Skywalk, which will be the most attractive point.

Neral

Neral is a city in the Raigarh district in the Indian state of Maharashtra. It is an 83 km, developing city in the Raigad district which is well-connected to Panvel, Mumbai, Thane, and Pune. Due to heavy floods in the village, most of their agricultural land was destroyed. It means lots of lands available in N. A land or plots. This developing city is the best destination for property investment in farm housing plots, second homes, and bungalows. Neral is well connected by roads and railway tracks. The main tourist attraction of Neral is the Matheran Hill Station. Neral-Matheran toy train ride can be enjoyed in Neral. Matheran is the most popular tourist destination during monsoon.

Shahpur:   

Shahapur is a town in the Thane district in the Indian state of Maharashtra. Shahapur is surrounded by the Western Ghats. Surrounded by majestic mountain ranges of the western ghats, Shahapur often considered a second home destination is morphing into a first home destination for many city slickers. MTDC has declared Shahapur a “Tourist Destination” as it attracts many tourists to places like Mahuli Fort, Aajoba Parvat, and Manas Mandir, which is the second-largest Jain temple in Asia. Shahapur has four major dams Bhatsa, Tansa, Vaitarna & Modak Sagaris which majorly supply drinking water to Mumbai and Thane. Being a popular tourist destination, tourism is a major industry in this area. Shahapur is also an ideal location for second home properties in Mumbai as it is surrounded by the spectacular mountain ranges of Sahyadri. With low entry prices and good price appreciation prospects added to its rapid growth, Shahapur is a good retirement destination for people from Mumbai, Navi Mumbai, Raigad, and Pune. 

The post Best Upcoming Residential City Near Mumbai appeared first on Homesouk.

Nowadays a second home near Mumbai is the best investment avenue to escape from the ordinary and disorganized life of the city. Investment homes near Mumbai are generally referred to as holiday or Second Homes. Everyone knows that the pandemic has had a significant impact on the real estate investment market. After a falloff of 2 years,it is bouncing back now and rising exponentially. Urban people feel locked up in the four walls of their city homes and then everyone wants a getaway place with all comforts and luxuries.

Importance of Weekend Home investment

Second homes near Mumbai are generally situated far from the city amidst the greens and blues of nature. People must prioritize their work and personal lives. They want more flexibility and quality time with their family. Hectic lifestyle and workload have disturbed their peace of mind. Thus, the second home is not only a place to chill up and relax, but also a smart investment avenue to generate maximum profit.  Nowadays real estate is the trouble-free option and the most reliable market for it, and even if it is, it doesn’t take away all the revenue and capital. Moreover, a second home investment is the best for:

Long-term security:

Real estate investment is for the long term as one does not always buy and sell the property immediately. Thus, it is the long-term security in problematic times. Also, a weekend home or Second home is like wealth in time of retirement.

Passive income:

A second home can be a good source of passive income through rent. If the owner is not using their property, then he could generate a handsome income by renting their property. Thus, he does not worry about the maintenance cost and security of the property.

Cash flow:

Protection from Inflation: In real estate investment is the safest option during inflation time. inflation can be a short time for real estate investment, but it could not stop it.

Fabulous return in the long term:

 If today, we invest in real estate at the lowest price. But it will return a huge amount after some time.

Best Property for Second Home Investment

Murbad is upcoming developing city ,it has become the best location for a second home investment. It is 80km far from Mumbai, which is the best thing, Murbad has graceful nature, mountains, waterfall, which makes it the most popular among second-home investment properties. Moreover, second homes in Murbad also have tourist attractions and adventures nearby. People can have fun at trekking, waterfalls, caves, forts, etc.  Resort homes in Murbad are exotic places to experience the lavish life with amenities like:

• Game Zone
• Party Lawn
• Artificial Lake
• Restaurant
• Gazebo
• Pergolas
• Club House
• Beach Volleyball
• Meditation Centre
• Temple
• Jogging Track
• Guest House
• Landscaped Gardens
• Tennis Court
• Health Center & Spa
• Open Air Gym
• Rock Garden
• Butterfly Garden
• Swimming Pool and Kid’s Pool
• Artificial Waterfall
• Children’s Play Park

The post We Build Second Homes Those Who Seek A Phenomenal Lifestyle In Harmony With Nature appeared first on Homesouk.