Why currency ban won’t affect real estate prices?

As you might have heard that current high value denomination Rs500 & Rs1000 will not have any value from 09th November2016 as per Government of India and new high value denomination of Rs500 & Rs2000 is being released. By phasing out Rs500 and Rs1000 notes the government has taken the fight against domestic black money to the next level. Many people were saying that it is a watershed moment for the real estate.

Ten to twenty years back when black money was used to purchase land, so that unauthorized builders and developers could avoid paying tax. In the last 6-7 years government has brought many bills to fix the loophole in the system. The buyer in the primary market mostly takes mortgage from leading banks. To develop projects even authorized builders and developers have to take huge mortgage from government recognized banks so every transaction is legal.

There are rampant news articles about there being a correction in pricing of real estate by various opinion makers who seem to think they have the authority to make such claims. As an industry body representing organized real estate,we again reiterate that the industry has always been catering to the primary market which comprises of end users who aggressively avail home loans. Moreover, with this step of demonetization, banks are again going to be flushed with liquidity of approx.

15 lakh crores and will be compelled to lend aggressively .To do that ,they will have to lower interest rates. Demonetising currency has also removed surplus liquidity from the market and this in turn will result in low inflation.We expect that the RBI would definitely, in the coming months ,reduce the REPO rates by at least 2% so that a home loan would come down to at least come down to 7% .The home loan rates coming down to such levels of sub 7% in the next year or so, the atmosphere will become more like the west where home loans are available at 5%. and below.Unlike the western countries, India has a documented shortage of housing and homes,an aggressive domestic demand for real estate.This essentially means that in the presence of a lower home loan interest regime, a larger pool of home buyers would avail loans to buy the home they always wanted.This could be made possible in as soon as the next six to twelve months. The housing industry will start to grow at a rapid pace while concurrently being in compliance with transparency and fair practices like RERA (Real Estate (Regulation and Development)) .

Now any transaction above 50000 would automatically require PAN card details. It becomes quite difficult to use cash for high-value transactions in India with the requirement of disclosure of PAN (tax number) for high-value transactions. So therefore any transaction for your dream home will automatically would happen in the legal way.

The major problem will be faced by the unauthorized and unrecognized builder as they always deal in cash transaction. The government has taken positive steps towards the black money with this decision as the unauthorized builders and developers will vanish into thin air. This move will bring more transparency and credibility in the realty sector. The resale property market will be affected as most of the transaction takes place between two individuals.

The recognized builders and developers are always using the legal way for any transaction so this decision won’t affect them at all. This demonetization of high value is a good step in the long run as benami transaction will stop to some level. Now demand in the housing sector will see a huge increase as buyer will get to see authorized and government approved projects.
We appeal to potential home buyers to understand the long term effect and benefit of this great move and not be misled into believing that property prices will fall. Currently the real estate market is at its best possible price point with no further margin with the developers to reduce prices. Now it is the responsibility of financial institutions to enable home buying during such an optimum scenario.

Investing in gold is always risky as the prices fluctuate. Investing in real estate is always profitable; the return on investment is always high. Truly acche din for everyone.

Dedhia Elita - Close Vicinity To Metro Rail Route

We as Dedhia Group, are proud to present our newest project in Thane - DEDHIA ELITA. Our on-going project is strategically located in Thane’s prime spot Ghodbunder Road, a location with a natural expanse. Elita has 22 storeyed tower and 7 storeyed eco-houses with 1, 2and 3 BHK fully air conditioned apartments. It is the perfect address for your Elite lifestyle. Elita has a paradise of recreation with the best exotic features. It is the next lifestyle address which has themed garden parks and hill decks.

The best part about our project is, it is closely situated to one of the upcoming proposed Metro Rail Route. We believe that instead of spending endless hours in congested traffic, it is far better to use the best mode of public transport, to commute and reach your destination with ease.

Indeed, Dedhia Elita is the perfect destination that will connect you to rest of the Mumbai. When you stay in a huge metropolitan city like Thane, hustle and bustle is a part and parcel of life. But when you book your luxurious dream home in Elita, the same hustle and bustle becomes an old story.

Traveling to work and other places will always be an enjoyable one. And there’s no doubt that the upcoming metro rail route will make your life more convenient. Basically, a convenience which you always deserved.

Book your dream home for your elite address and lifestyle at Dedhia Elita and have  convenience along with luxury at your ease.  

Dedhia Elcanto - An Element Of Luxury To Your Lifestyle

Dedhia Elcanto, one of the luxurious projects of Dedhia Group off Ghodbunder Road, Thane is city’s first musical themed project. It lets you discover the refreshing beats of life with unique lifestyle spaces. The project consist of 3 zones of happiness that are Solista- The Recreation Zone, Sinfonia- The Wellness Zone & Classica- The Play Zone, which promises you a good life that is bound to dwell creating the harmony in life.

Elcanto is an ultra-luxurious project of 28 storeyed tower adorned with one-of -its-kind musical lifestyle features on ground & podium level, providing you spacious 2BHK apartments with private sun deck as well as astronomical deck along with all the luxurious amenities.

The best part about Elcanto, which is purely considered as an element of luxury is, it is the only project in Thane to use branded contrivances in terms of sanitary ware like Toto sanitary, Jaguar “Alive” Series and TECE Plumbing Fittings that are designed keeping your comfort in mind. The project also provides you with Grandeur-Filled Exquisite Bedroom, a dining area that provides you a feeling of togetherness, a well-assorted modular kitchen where you enjoy cooking, the most comfortable bedroom that is bound to give you a peaceful sleep you deserve after a hectic day at work and a super spacious living room to enjoy the music or the scenic views of your own surrounding. It is well-equipped with Schindler back painted glass cabin lifts that are made using the latest technology.

Last but not the least, the charming view of Yeoor Hills in Thane keeps each and every apartment of Elcanto, well ventilated making you feel close to the nature.

Dedhia Elcanto - Thane's Real Deal

Dedhia Group’s El canto is Thane’s 1st musical themed living which introduces amazing Real Deal for you and your family. We are building an aspirational and emotional connect with a surprise. El Canto is located at Ghodbunder Road, Thane’s hotspot. We offer residences consisting of ultra-luxurious lifestyle surround by beauty of nature with private sun deck as well as astronomical deck. And as promised we adhere to our commitments having 60% of construction being completed also possession of your musical dream home is some moments away.

Music play a major part in our lives. Music tells us many stories, helps us relax in your busy world. Every rhythm and chord creates a perfect world for us to enjoy. Music know how to make your soul happy. The world of music helps us to create emotional bond with everyone. Music fills silences with beats. Music make your soul move from one universe to another universe. Its creates a positive environment for the world. The positive vibrations created by instruments create a good mood & perfect aura for the world. At El Canto is the place where life meets music.

This is not it we have also bunch of surprises more having atrractive rental and payment plan for a limited time period. Grab this opportunity today!

At El Canto there is music at every step, every corner and in every breath you take. El canto is where life gets to know more about nature and music.

Book your dream home today at El Canto.

Thane - A City That Owns The Crown Of Smartness

It doesn’t come as a surprise to us that Thane is the most versatile city to live in. From educational institutes to places to hang around, from hospitals to various shopping complexes and last, but not the least, the residential areas, Thane has lived up to higher expectations. People, belonging to any place, aim towards buying a house in Thane, due to its convenience and but of course, the spectacular panorama which the city provides. Basically, owning a house in Thane, has now become a status.
Thane, now is a proud participant in the India Smarts Cities Challenge, The Mission definition of a ‘Smart City’is open to interpretation depending on the city itself. However, the essence of a smart city is in the use of technology to improve the citizen’s quality of life.

Thane has successfully completed the 1st Phase of the challenge, and has also come up with flying colors in the 2nd round. The vision for this challenge will be arrived after considering the needs and priorities of the citizens. Basically, The Smart City mission will act as a catalyst, as the city adapts to urbanization and industrialization, even after preserving its cultural heritage.

The ranking of 27 cities now selected, was arrived at through a rigorous process of evaluation by a panel of experts. The selection of these cities has been done on merit.

Urban development minister M Venkaiah Naidu said. "Competition-based selection has made the cities rediscover themselves as they are undertaking a thorough assessment of gaps in the present levels of infrastructure and service delivery and come out with comprehensive, credible and actionable plans for area-based development and technology-based pan-city solutions,"

The Minister informed that the new 27 smart cities have proposed an investment of Rs.66,883 cr under smart city plans including Rs.42,524 cr under Area Based Development and another Rs.11,379 cr for technology based Pan-city solutions that benefits all the citizens of respective cities.

Dedhia Group, one of the leading real estate developers in Thane, is proud to have its exclusive projects spread across the vital areas of Thane, like Ghodbunder Road, promising people a blissful life which they deserve.

So now, if you are looking for a place in Thane, which you would be referring as your “Home,” you know where to head. Luxury, nature and convenience of life is what follows.

Thane - A City That Owns The Crown Of Smartness

It doesn’t come as a surprise to us that Thane is the most versatile city to live in. From educational institutes to places to hang around, from hospitals to various shopping complexes and last, but not the least, the residential areas, Thane has lived up to higher expectations. People, belonging to any place, aim towards buying a house in Thane, due to its convenience and but of course, the spectacular panorama which the city provides. Basically, owning a house in Thane, has now become a status.
Thane, now is a proud participant in the India Smarts Cities Challenge, The Mission definition of a ‘Smart City’is open to interpretation depending on the city itself. However, the essence of a smart city is in the use of technology to improve the citizen’s quality of life.

Thane has successfully completed the 1st Phase of the challenge, and has also come up with flying colors in the 2nd round. The vision for this challenge will be arrived after considering the needs and priorities of the citizens. Basically, The Smart City mission will act as a catalyst, as the city adapts to urbanization and industrialization, even after preserving its cultural heritage.

The ranking of 27 cities now selected, was arrived at through a rigorous process of evaluation by a panel of experts. The selection of these cities has been done on merit.

Urban development minister M Venkaiah Naidu said. "Competition-based selection has made the cities rediscover themselves as they are undertaking a thorough assessment of gaps in the present levels of infrastructure and service delivery and come out with comprehensive, credible and actionable plans for area-based development and technology-based pan-city solutions,"

The Minister informed that the new 27 smart cities have proposed an investment of Rs.66,883 cr under smart city plans including Rs.42,524 cr under Area Based Development and another Rs.11,379 cr for technology based Pan-city solutions that benefits all the citizens of respective cities.

Dedhia Group, one of the leading real estate developers in Thane, is proud to have its exclusive projects spread across the vital areas of Thane, like Ghodbunder Road, promising people a blissful life which they deserve.

So now, if you are looking for a place in Thane, which you would be referring as your “Home,” you know where to head. Luxury, nature and convenience of life is what follows.

Dedhia Elcanto Presents You The 3 Zones Of Happiness

As we know music is the art of the prophets that calm the soul and it is one of the most magnificent and delightful gift God has given us. Keeping this mantra in mind, Dedhia Group presents you their very own project named ‘Dedhia Elcanto’, off Godbunder Road ,Thane.

Apart from all the luxurious amenities Dedhia Elcanto provides, they have classified into three music inspired zones known as the ‘3 Zones Of Happiness.’

“Sinfonia” known as ‘The Recreation Zone’ includes amenities like Clubhouse with Air-conditioned gymnasium, Party lawn with stage, Party terrace with rooftop cafeteria, Musical fountain garden, Indoor Games with Chess, Carom, Table Tennis, Karaoke Room, Sloping Lawn, Tunnel pathway with Creepers and an Elevator for podium garden.

 “Solista” known as ‘The Wellness Zone’ includes Guitar shaped Sculpture Garden, Piano themed musical jogging track, Acupressure pathway, Senior citizens gazebo, Children’s activity & Hobby room and a Business center with conference facility.

 “Classica” known as ‘The Play Zone’ includes Multipurpose Court for Basketball, Lawn Tennis, Volleyball, Badminton, etc., Kids Play Area with Scribbling Wall and Toddlers Activity Zone.

 Elcanto is considered as city’s first musical themed project, which is ready to give you a soothing and a peaceful life, a life full of music. What are you waiting for; it’s time to be stress-free without planning for a vacation.