Mahad’s attraction for homebuyers increases with N A Plots

Mahad’s beautiful landscape and its pleasant environment attract many visitors to the place. About 175 kms away from Mumbai in the Southeast direction, the character of the place is defined by its historical legacy, and socio-economic and cultural importance. Its historical relevance is from the times of the great Maratha ruler ShivajiMaharaj. Its most iconic landmark is the Raigad fort. Local folklore says that Shivaji’ssamdhi is in the Raigad Fort about 24 kms towards the majestic Sahyadri mountain ranges. On the foothills is Shivaji’s mother Jijamata’ssamadhi. With temples and adventure trekking opportunities many people love to come here during weekends, especially during the monsoon. It is now gathering ground for interested parties in NA plots in Mahad. Why should one look towards this vibrant land of Marathas for future investment?

Why are developers moving towards building affordable second homes?

There is a clear-cut demand and supply that works for any industry. The current real estate industry is showing trends on moving outside the cities. Why? Because, the people now wish to move to the second and three tier cities. Many people already have considered hill stations as retirement destinations. But at times young families like to look at opportunities to have a small independent cottage to live and relax near their work place near the city. Near Mumbai, Raigad offers this opportunity by way of NA Plots in Mahad. The green environment is soothing and offers an escape from the regular work. Not everyone wishes to zip abroad for long weekends or summer holidays. Places like Mahad offer good value for money homes. Many developers are catching the trend to provide independent plots to help people build homes the way they want to.

Real Estate in Chennai comes of age

There seems to be a major thrust in people wishing to buy non-agricultural plots outside the cities. The same is the case with Chennai, the latest destination that beckons people to have second homes. The current real estate in Chennai flickers as a boon and blessing in terms of affordable housing.People are moving towards Madurai and Kanchipuram to develop their dream homes. Until five years ago, the South Indian buyers were only interested in affordable housing. Now the scene has changed with the emergence of skilled IT sector attracting professionals and NRIs returning.  An element of luxury, comfort and modern amenities has triggered a new phase in business for developers. What should a potential buyer look out for when making investment in real estate in Tamil Nadu’s oldest towns and cities?

Fed up of cityscape?

Most people who work and live in downtown Chennai feel the need to move out of the old comfort zone and move into a modern comfort zone. Such homes, whether in the city or on the outskirts, provide an asset that only appreciates over a period of time. The large expansion of Chennai suburbs is an indication that IT sector has bought a boom in real estate development. There is better connectivity and infrastructure is also developing in the urban areas. Suburbs on the south side, which cover locales, like Old Mahabalipuram, Siruseriand on the other side GST Road and NH45 are in demand. What’s more, people prefer greener and quieter pastures. 

Madurai, a potential residential option for second homes

The coming of the IT Park in this region brings hope and many people to invest in homes, NA plots and offices. In this 3^rd largest city in Tamil Nadu, the ancient township is giving way to modern changes. The landscape and the skyline is changing as many investors look beyond real estate in Chennai to make second homes. With a lot of disposable income, it is possible for young adults to invest in second homes for themselves and for parents. With connectivity from airport and railways this town is a second home paradise. The airport and Aruppulottal station (6 kms) and bus stand (5kms) offer access towards rest of the country.

Kanchipuram’s projects pick up

What Banaras is to north India, Kanchipuram is to south India. It is one of the holiest and ancient cities still in existence. Kanchipuram silks are still famous worldwide and now its real estate is beckoning the investors. Since the town attracts many business people, the charm now lies in their buying several NA plots, apart from other real estate in Chennai. The city is close to Arcot and Cheyyar highways and is very well connected to the rest of the country.

Chennai’s clout as a valued real estate sector

There is a strong reason why ‘Chennai’ is called the ‘Gateway to Southern India’. Formally called Madras, as a destination to live, work and stay it offers very affordable housing solutions. Builders are offering end-user friendly properties.

NA Plots in Raigad

It’s a paradigm shift of the Indian realty sector that has changed socio-eco viability in many urban cities in India.In areas, on the outskirts of several urban cities, land inventories for sale are becoming accessible to buyers looking for second homes. Theproperties come with fewer riders as the market pulse shifts from the vendor to the buyer. Mumbai, which is already saturated, has a few places on the outskirts where second home market is gaining intense activity. Towards Goa, Southwards, is Mahadwhichis touted as the next popular destination for second homes. One of the first developers to seek the opportunity to make affordable homes is Green City Raigad. The residential project is one of the most affordable for Mumbaikers who have not even got their first home. It offers ideal options to have privacy, space and affordability. What makes Mahad, Raigad the next second home destination?