Taking ahead the legacy of excellence, MICL is now headed by the 3rd generation entrepreneur Manan Shah who is currently the Managing Director of the MICL Group.
Author: micl1
In conversation with Mr Manan Shah: A 360-degree insight into real estate
Manan Shah, the Managing Director of the MICL Group has been instrumental in the growth of the company since he joined in 2013.
In conversation with Mr Manan Shah: A 360-degree insight into real estate
Manan Shah, the Managing Director of the MICL Group has been instrumental in the growth of the company since he joined in 2013.
Five Factors Driving Real Estate Value Growth
Many new investment choices emerged as we entered the modern era. Investors have a variety of options for storing their money, including equities, bonds, fixed deposits, mutual funds, digital currency, and crypto currency. However, out of all of them, real estate continues to be one of the safest and most advantageous routes for a long-term, successful kind of investment.
Investing in real estate is an intelligent decision. The value of real estate always rises with time. When it comes time to sell, a wise investment might provide a sizable profit. Additionally, rents have the propensity to rise over time, increasing cash flow. History shows that you will profit more from real estate the longer you hold on to it. But what are the actual reasons why prices go up? In this article, you’ll learn five key points that explain why real estate increases in value – from the expertise of economists to the forces of supply and demand. Read on to find out more!
Real estate – how can people make money out of it in various ways?
- Profit from long-term rentals in real estate
- Gain financial gain from commercial property rentals in real estate
- Invest in real estate and flip houses to make money
- Use Airbnb and holiday rentals to make money in real estate
- Real Estate Investment Groups (REIGs)
- Mortgage Investment Corporations (MICs) and Mortgage-Backed Securities (MBSs)
5 Factors Driving Real Estate Value
- Infrastructure Development
Infrastructure is the backbone of any real estate market. Here are a few ways that infrastructure development can increase the value of your real estate investment.
Better access to transportation: Improved roads, public transit, and other forms of transportation make it easier for people to get around, which makes your property more accessible and desirable. For instance, if a metro is proposed along any corridor the rates of that particular courridorr keeps on increasing while the metro is in development stage additionally one can expect a huge leap in the PSF rates once the metro becomes operation. Similar concept is adopted by airports and bus networks as these are the primary sources of commute on which people rely upon.
Improved amenities and facilities: A good lifestyle is something which everyone are eyeing at. The major reason for people to relocate is in search of better oppurtunities of living Infrastructure development can also include the construction of new parks, schools, and other amenities that make your community a more attractive place to live. This increased demand for your community will drive up prices.
Excellent safety: Well-designed infrastructure can help to improve public safety by providing better lighting and security features like Access control system, Security gates, Surveillance cameras, Smoke detectors etc. It makes your community a more desirable place to live and can lead to higher prices for your property.
- Workplace Connectivity
For a real estate investment to be successful, the property must be located in an area conducive to business activity. Therefore, a critical factor in determining the value of real estate is the connectivity of the workplace. Businesses can easily connect with potential customers in an area with good workplace connectivity. This type of environment is typically found in areas with high population density and good infrastructure, like flats in Mira road in Mumbai.
To assess the workplace connectivity of an area, it is crucial to consider factors such as which industries are planning to establish their businesses in the area, the existing set of companies and the commute distance. A well-connected area should have good transportation options so businesses can easily reach their customers.
- Network Externalities
According to Real Estate Economics, one of the main reasons real estate increases in value is network externalities. It is often seen in technological products like cell phones, where early adopters benefit from connecting with a more significant number of people, and late adopters are at a disadvantage.
The same is true for real estate. As more people move into an area, housing demand increases, and prices increase. Again, it is because people are willing to pay more to live in an area with a good reputation, better schools, and more amenities. And as prices go up, even more people are drawn to the site, creating a positive feedback loop. As a result, top real estate players like MICL Group have projects in the major areas.
- General Inflation
As the cost of living rises, your home’s value goes up too. Also, Inflationary pressure can also come from excess demand in the economy. When more money is chasing after limited goods and services, prices go up. It works on the principle of demand and supply. There are several ways that inflation affects real estate. As an illustration, the cost of constructing a home rises dramatically as a result of increased salaries and more expensive supplies and material, as prices go up, their purchasing power declines While inflation can drag the economy, it’s good for homeowners because it increases the value of their biggest asset – their home.
- Zoning Laws
When zoning laws change in a way that favours development, it can increase the value of the real estate.
Zoning laws can also have a positive impact on neighbouring property values. For example, if a new commercial development is approved in an area, it is likely to increase property values in the surrounding area. It is due the new development will bring more foot traffic and customers to the site, which will benefit businesses and increase demand for housing.
Conclusion
In conclusion, there are many reasons why real estate can increase in value over time. From location to economic growth, these factors contribute significantly to the long-term success of an investment. Flats in Mira road east from Real Estate brands like MICL are the best-selling ones. In addition to getting great returns, you’ll also be able to enjoy all the benefits that come with owning a home or property, something that is both rewarding and fulfilling at the same time.
Why Invest In Juhu?
Home is a very personal space that varies from person to person. It is not just a place of your residence and comfort, it is part of your lifestyle. It reflects your personality and the state of being. Talking about luxury and prime locations of housing, If you are looking to reside in a fulfilling neighbourhood equipped with lavish amenities and facilities, then Juhu is the place you should be at!
Being of the most in-demand locations in Mumbai, it has always been one of the hubs for real estate investments.
Juhu apartments actually give you the best of both worlds because they are tucked away between beautiful gardens and the Arabian Sea. Juhu, which is home to numerous public parks like Joggers Park and Kaifi Azmi Park, provides plenty of green space so you can connect with nature despite the grind and bustle of your everyday life.
This article will provide an in-depth analysis of why investing in Juhu is a wise decision and how Aradhya EVOQ can add value to your investments. Read on to find out more!
Introduction: What is Aradhya Evoq?
Aradhya EVOQ is a residential project developed by the Aradhya Group. It is located in Juhu, Mumbai. The project offers 3, 4 and 4.5 Bed Homes BHK. The project is spread over an area of 10,000 sq ft. with over 20 amenities. The project offers amenities such as a gymnasium, a swimming pool, a children’s play area, SPA Riveting Spa With Jacuzzi & Steam, Fully Equipped Fitness Centre with facilities like Yoga, Meditation Zone & Zumba. Along with the above-mentioned amenities, buyers also get a serene street view, which adds to the elite lifestyle.
What are the benefits of investing in Juhu?
Juhu is a prime residential locality in Mumbai that offers excellent returns on investment. There was a 5 per cent quarterly increase in new launches in Mumbai alone, indicating demand for new units is surging.
The average price of a 2 BHK flat in Juhu is Rs. 3.5 – 4 crore. The rental value of a 2 BHK flat in Juhu is Rs. 1.8 – 2 lakh per month.
The following are the benefits of investing in Juhu:
1) Juhu has consistently ranked as one of the most preferred residential areas in Mumbai.
2) It is a well-connected locality with good infrastructure and social amenities.
3) Juhu offers excellent returns on investment, with property prices appreciating at a healthy rate.
4) The rental values in Juhu are also very high, making it an ideal investment destination for those looking to generate income from their property investments.
Why invest in Juhu?
Juhu is one of the most popular and well-known residential areas in Mumbai. It is home to many of the city’s most affluent families and boasts a wide range of amenities and facilities.
Some of the key reasons to invest in Juhu include:
Location: Juhu is located in the heart of Mumbai, just minutes away from the city’s financial district and major transport hubs. This makes it an ideal location for both residents and businesses alike.
Amenities: Juhu offers a wide range of amenities and facilities, including shopping malls, 5-star hotels, restaurants, cafes, parks, and much more. This makes it an attractive option for those looking for a comfortable and convenient place to live.
Connectivity: Juhu is well-connected to the rest of Mumbai by a wide network of roads and public transport options. This makes it easy to get around, whether you’re commuting to work or exploring all that the city has to offer.
Conclusion
Our cutting-edge, spacious apartments will give you a full feeling of privilege. The connected gorgeous rooftops would ensure that your gatherings would be an unforgettable experience.
Your custom homes have a hint of sheen and are brimming with outstanding amenities and tranquil street views. Awaken to a breathtaking view of our luxury and modern marvel, which is encompassed by a beautiful and picturesque region. MICL provides the best amenities and facilities, ensuring your stay is investment is worth it.
How Can Investing In Luxurious Real Estate Properties Be Useful To NRIs?
For Non-Resident Indians (NRIs), investing in luxurious real estate properties can be a great way to ensure a comfortable retirement. In spite of where they live, NRIs find the experience of owning property in India truly impressive. Market analysts claim that the biggest advantage for NRIs investing in immovable property in India is that they face essentially no legal requirements. They merely need to finish the real estate registration processes. Not only can these properties provide a steady income stream, but they can also appreciate value over time.
What Is Luxurious Real Estate?
Luxurious real estate is any property that is considered with opulent features and facilities, premium materials, sculpted lots, desirable locations, greater sqaure footage, stunning surroundings and views are just a few examples of the things that go into the cost of a luxury home.Luxurious real estate can be found at nearly any location,but luxury within the reach of everyone is hard to get. One such experience can be rejoiced by an individual at upcoming luxury apartments in Mumbai.
While the definition of luxurious real estate can vary depending on who you ask, there are generally three factors that are used to determine if a property is considered luxurious: size, finishes, and amenities.
Size is the most obvious factor when it comes to determining if a property is luxurious. Larger properties – whether they be homes, apartments, or even commercial buildings often have their own charms. The huge livings and bedrooms spaces an open design always elevates the property into a luxury grade – These properties are typically more expensive than their smaller counterparts and are therefore, often seen as being more elite.
Finishes refers to the materials and construction methods and the technology used in building a property. Finishing includes quality of plastering, painting, ponting, white washing etc. Higher-quality finishes made from natural materials like stone or wood – are often more expensive and are associated with luxury.
Amenities are another critical factor in determining if a property is luxurious. Amenities are usually provided for leisure purpose. It helps an user to indulge into the soothing state of mind. High-end amenities – such as swimming pools, private gardens, concierge services, and so on – are often considered more luxurious than those without them ( mention the different types of high end amenities)
Benefits:
Regarding real estate investment, there are numerous benefits that come along with investing in luxurious ongoing residential properties in Mumbai and across India.
- Increased Property Value: Being a tangible asset, investing in luxurious real estate tends to appreciate much faster than other types of properties. It means that NRIs can see a significant return on their investment over time.
- Rental Income Potential: Another great benefit of investing in luxurious real estate is that these properties often have the potential to generate rental income. It can be a handy income stream for NRIs looking for a way to supplement their earnings.
- Tax Benefits: Investing in luxurious real estate can give NRIs several tax benefits. In many cases, the taxes associated with these types of investments are significantly lower than what would be paid on other investments. It can help to save NRIs a significant amount of money over time.
Conclusion
There are many reasons why investing in luxurious real estate properties can be helpful to NRIs. First, luxurious real estate groups like MICL Group generally appreciate at a higher rate than non-luxurious properties so that NRIs can see a good return on their investment over time. In addition, luxurious real estate can provide NRIs with a place to stay when they visit India, rather than having to pay for hotels every time they come back home. Moreover, staying in their property in India gives them a deep-rooted sentiment of connection and makes them feel at home.
And finally, owning luxurious real estate can help NRIs build their social status and improve their reputation within the Indian community. Overall, investing in luxury real estate is a wise choice for NRIs who want to improve their financial and social standing. If you are looking for an apartment in Juhu, MICL groups provide many luxury properties to choose from.
New Luxury Housing Trends That The Future Demands
Sipping your evening coffee while lounging on a chair overlooking the unobstructed views of the skyline while grooving to Beethoven is our vision of Luxury in modern days. With the hustle involved every day, an individual often needs to remember his needs and expectations. Luxury today stands for comfort in living.
Luxury housing has gained massive momentum among the major real estate segments in India today. Not only has it made a dynamic comeback after the long period of lockdown, but it has also widely insulated itself from the broader market conditions. Moreover, the luxury market has also emerged as a desirable place to invest because it is driven by highly wealthy customers and is no more dependent on home loans.
Innovation, as well as exposure to global aesthetics, have changed our way of living in India. With the value of house ownership rising to the fore, buying a luxury property—a significant lifestyle statement—is the logical next move.
Leading developers like the MICL Group have successfully translated changing trends into upscale buildings that fit the needs of customers and the market, along with the promise of enriched and magnificent living with their 2,3 and 4 BHK in Ghatkopar east.
MICL’s Aaradhya One Earth in Ghatkopar offers its consumers a choice to live in a rich ecosystem offering a wide array of options for work-live-play.
Let’s explore some new housing trends that buyers of luxury homes consider-
- Location- While buying a luxury home, people always consider a central location providing the proximity advantage to the customers with 5-star hotels, recreational hubs, airports, colleges, hospitals, and so on. Several categories best describe the important location factors to consider when looking for 2 or 3 BHK apartments in Ghatkopar east. Living close to your place of employment, family, and friends is related to the first category of needs. Your lifestyle and desire to live close to services, facilities and green space are tied to the second category.
- Amenities And Services- Making a selection regarding your preferred amenities would be beneficial because they are essential to consider while picking your dream property. A property’s amenities give it a recognition of community and enhance its worth, uplifting the brand positioning in the market. Additionally, if you intend to sell your apartment in the future, having more amenities can result in a better resale value as compared to the standalone projects.
- Vaastu Compliance For Flats- One of the primary reasons why some Indians reject certain flats is because they do not find luxurious Vaastu-compliant flats. Apartments facing the south are always seen to be terrible from a Vaastu perspective, whereas the ideal entrance orientations are East and North-East, which are said to bring luck and positivity. Therefore, your apartment’s primary entrance should face either the wall’s North or East and be in the northeast direction.
- Security or Safety Measures- It is obvious that people hope to be able to confidently state that their loved ones and possessions are safe in every way. Therefore, a luxury real estate development needs to have both rigorous human security and robust electronic surveillance and safety measures.
- A Profitable Investment- Many NRIs prefer buying luxurious properties in India as they can be a considerable investment option. They engage in real estate either to utilise as rental homes or as investments. This also fulfils their natural desire to be nearer to their roots in the place of origin and the desire to improve family lifestyles and take advantage of long-term price gain.
Luxury demands a lot more than people usually expect. A house must be more than it seems to be a good luxury investment. However, now, you can enjoy all the comforts of home! The MICL Group has emerged with top luxury apartments in Mumbai with a blend of all these factors.
The leading project of MICL, Aaradhya One Earth, has an overabundant 20+ amenities, including a fully equipped fitness centre, spa with jacuzzi & steam, futuristic fully mechanised robotic parking, and so much more. It also abides by the real estate – Regulation and Development Act 2016. The residences are Vaastu compliant and feature high-end floors, appliances, and coverings.
Welcome A World of Luxuries with Aaradhya EVOQ
Cecilia Ahern once said, “home isn’t a place; it’s a feeling.“
A feeling that establishes an emotional connection from the foundation structure to the human body. When an individual visualizes his dwelling place, he pictures for it to be soothing, welcoming, and warming. A space that is beautifully designed and crafted in a way such that your family lives with utmost comfort and luxury. In MICL, the characteristics of a luxury home rely solely on what our customers envision it.
Due to this, one must brainstorm on choices and the selections before hitting the nail on the head. There are various factors on which the selections shall differ, considering the configuration, carpet area, construction quality, location, brand, and amenities.
Scouting for a luxurious apartment in Mumbai can be highly daunting! But no more anxiety is necessary. The MICL Group has emerged with one of its very own Aaradhya Evoq, which is built with utmost luxuriousness and grandeur. It ensures a full sense of privilege through gorgeous rooftops that guarantee an unforgettable experience. Moreover, these custom homes have a hint of sheen and are brimming with outstanding amenities and tranquil street views.
Each house enables you to wake up to a breathtaking view of opulence and technological marvel, which is encircled by a beautiful and charming neighborhood. It is a place where your busy days would seem more colourful, and your heart would glisten with joy as well as offer you a heavenly feeling.
Located among the most elite and affluent areas of the city, home to many celebrities, Juhu is among the poshest areas of Mumbai. A similar landmark can be availed by every Mumbaikar who dream of buying an apartment in Juhu with Aradhya Evoque, surrounded by numerous five-star hotels, restaurants, parks, colleges, art galleries, etc. The proximity offers an edge to the buyers availing of this location.
This residential luxury homes project provides a wide range of premium amenities like-
- Speed efficient & luxurious elevators
- Futuristic, fully mechanised robotic parking
- Enhanced security
- Grand entrance lobby
- Power backup supply for zero power outages
- State-of-the-art fire protection system
- Organic waste converter
- Sophisticated IP-based intercom system
- Reliable earthquake-resistant structure
- Vastu-compliant apartments.
With our timely deliveries and superior construction quality, we have established trust with our clients, while purchasing 3 and 4 BHK flats in Juhu and we look forward to expanding our horizon in the NRI market. With NRIs looking for inventment purposes to yield maximum rental income, we at Aradhya Evoque bring them the best investment opportunity accompanied by luxury and world-class amenities.
The Indian luxury residential real estate market hasn’t actually experienced any significant setbacks despite the shifting market conditions. As a matter of fact, MICL Group has been encouraged to release new and sophisticated projects in this market by the high net-worth investors and non-residential Indians’ increased confidence in premium-class properties.
The brand has been recognised for a greener future, along with attention to detail, right from the designing of the units to the in-house execution of these megastructures. With our expertise in spacious bedrooms, elite bathrooms, modular kitchens, dedicated storage spaces, and everything else that helps achieve extravagance, extreme sophistication regarding design, architecture and amenities add to the property’s aesthetic appeal by enhancing the sense of comfort within these homes, hence validating their true value.
Do visit the MICL property office at Aaradhya EVOQ if you are on the hunt for 3 BHK flats in Juhu. We are delighted to welcome you to our family and look forward to celebrating the festival of life at our very own Aradhya Evoque.
MICL Group to launch a premium residential project, “Aaradhya Parkwood”
Man Infraconstruction limited a pioneer name in real estate development, is geared to launch another prestigious premium residential project- Aradhya Parkwood.
MICL Group’s Aaradhya Highpark Project Receives Occupancy Certificate; Yet Another Delivery Before Time
MICL group delivered yet another of their prestigious project ‘Aaradhya HighPark’ (tower A, B, C, D and retail) 16 months before the time of the possession date.