Art & Architecture

Welcome the new Gateway to Mumbai

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Tonight, let’s start all over again. Like it’s the first day of our life.

There is something about life that’s so poetic, so idyllic. After all you live only once. Why not make it larger than life? Right?
At Tata Housing Development Company Ltd, we make sure every house is built with dreams and passion and not just bricks and mortar.
Gateway Towers is one such archetype of living life scenically. Touted to be an iconic residential development in Mulund with world-class amenities meeting the standards of Tata Housing Development Company Ltd, the Callison-designed residential towers reflect a permeable building solution which creatively addresses high density housing without the look of traditional massing.

If you dream of flying and seeing the world from a height, then here’s the great news. This project has six residential towers that vary in height ranging from 31 stories to 41 stories, with the highest point at 159 meters. Presenting an inviting stance with the towers’ angle-positioned wings, the development will resemble a grand scale, traditional horseshoe-shaped Asian house with a courtyard opened toward the major highway. Exciting?

gatewat_2No doubt the welcoming landmark has been named Gateway Towers and is designed to signify the gateway to Mumbai for passing commuters. The project will include unit options ranging from 2 to 4 Bedroom condominiums to 4 & 5 BHK duplexes, triplex and penthouses. To break the uniformity of more than 950 dwelling units, the exterior design pattern will integrate prominent green spaces on sky bridges and roof terraces, which also provides more exclusive gathering spaces for tenants. Intriguing building façades will be formed through monumental cut-outs, shaded vertical garden scoop-outs and private garden balconies. Once you step out of the comfort of your house to even the balcony, prepare for views of the central public garden on the parking podium’s deck featuring an enticing community swimming pool, tennis courts and recreational areas.

Amidst the hustle bustle of the city, we tend to miss the greens and the peace of sipping tea under the blue sky amidst nature. But now no more. This property is an 8.5 acre land parcel located in Mulund (East), the queen of central suburbs of Mumbai, close to Mulund toll naka on the Eastern Express Highway. It overlooks Thane Creek to the east; part of the Ulhas River Estuary and a recognized Important Bird Area by the Bombay Natural History Society.
It’s time to break free. It’s time to breathe unfettered.

BUYING VACATION HOMES – WHAT ONE MUST CONSIDER!!!

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There’s a cold nip in the air. The festival lights that flicker like a pack of fireflies with the setting sun as the backdrop create a bokeh of memories that lead our thoughts in one direction- a holiday to a land far far away. Our hypothesis for such strong emotions is that these colourful lights seep into the essence of our being and stir deep seated emotions that are tantamount to relaxing holidays in far flung places; reasons that definitely push financial considerations into the background. And why not? The best vacation properties offer something right out of a Hollywood film (in our minds at least) – a view of the vast expanse of the sea, a mountain vista, a wooden cabin overlooking thick groves or a dock on a lake. Also a great retirement head start and an awesome, low cost destination for gatherings.

But flowery, quixotic dreams apart, before you invest in a vacation home keep in mind that you don’t have to buy the ultimate beach house with the high ceilings and French windows. It’s OK to start small. And also, it’s better if you don’t flow with emotions and spend more than you have to spare.

So what should you keep in mind before buying that ultimate vacation home which you would like to revisit every year?

Look for a place within three hours’ drive of a major metropolitan area or where you stay. Longer distances with difficult roads make weekend trips a pain. And this might turn you off from a visit to your vacation retreat.

Overenthusiasm could be a curse in the long run. Sometimes an investment opportunity seems so tempting that you can barely contain your enthusiasm. But buying a vacation rental property involves real estate, and it’s not like online shopping of shoes with 30-day return policies. So keep in mind your cash flow, the location, resell value etc.

The allure of vacation investment property is unmatched. One of the reasons is that whether you’re a skier, a lover of the beaches, or someone who dreams about fishing for 12 hours a day and scuba diving for the rest, there are homes available to meet a wide range of budgets/interests. Also vacation homes have long term profits. While all assets fluctuate in value in the short term, these properties retain their value mostly and even appreciate, simply because they are located in touristy/beautiful areas. So if you want to come back home with more than just a tan, a few souvenirs, instagrammed stories and a big hole in your pocket, take a soulful dip into the real estate world of vacation homes.

Here are some investment tips that you should keep in mind before buying a vacation home:

Buy only what you can afford even if you consider your vacation home as a potential way to earn income. View the home as a form of recreation, not an investment.

Buy an existing home instead of land.

Work with an agent who knows the area.

Research all four seasons before you buy.