Rise Above The Ground Realities Of Owning Bungalows

Rise above the ground realities of owning bungalows

Everybody dreams of living in a bungalow. Our eyes light up when we see bungalows in movies and television serials. We probably spend more hours browsing through magazines showcasing different bungalow designs than those with new images of favourite celebrities. So should the dream remain just that? Do you want it to remain the one and only static item on your otherwise dynamic wish list of ardently desired acquisitions? Something elusive to only ever be aspired for but never fulfilled?

If not, then we have some good news for you. There is a feasible approach to home in on your dream residence and make it come true. Do keep in mind that attaining the ultimate level in home ownership is not an easy task and it requires the perfect combination of factors to make the leap from inception to implementation. So let’s jot down a quick checklist and identify suitable projects offering bungalow plots that meet those essential criteria.

To begin with, you need to focus on an emerging location at an advanced stage of development instead of wasting time and effort searching through overpriced prime destinations. Then, it has to be a place where one can purchase a bungalow plot in the vicinity of an immensely high-profile zone that will automatically witness a substantial increase in values going forward.

Most importantly, you have to identify a project by a reputed developer, which is in sync with the development plan and possesses requisite infrastructure. Take for instance, Heaven Valley, which comprises 277 bungalow plots at a rate of Rs.2500 per square yard at a location less than 3 kilometres from the Dholera Special Investment Region (DSIR), ideal for those with an investment goal with linkages to ‘Property Ahmedabad.’

The J Joshi Group, one of the most reputed real estate service providers of Gujarat, is offering plots here with a price tag starting from less than Rs.4 lakh. One can opt for plot sizes from 150 square yards and upwards; plus a wide range of EMI options available ranging from 3 months to 48 months to facilitate the purchase transaction. Most importantly, the registration is done with just 30% of the total amount as down payment.

The Dholera Smart City Project has been initiated under the aegis of Prime Minister Narendra Modi and progressed rapidly in recent times. The essential infrastructure at Dholera SIR is already in place and Gujarat CM, Vijay Rupani has also affirmed that 85.79% of the total planned work in Dholera SIR is over and the remaining work is also expected to be completed soon.

Dholera officials have allotted 3 plots measuring 152 acres for industrial, commercial, residential and utility purposes to industry giants such as Tata Chemicals, Torrent Power and HPCL. Private players have been given permission to start their development work inside the Activation Area by the Dholera authority. Many of the major infrastructure projects have already commenced operations whereas others are at varying stages.

So in effect you have a low entry-level investment, flexible payment options and a well-established brand, which is focused on understanding investor needs and offering them the best suitable property. Now ask yourself, what more could an aspiring bungalow dweller ask for?

Did you know?

J Joshi Group is developing two residential apartments’ projects at Dholera SIR, which will provide numerous residences and shops, with plans to gradually extend the number of units to over 3,000.  Apart from the bungalow plots, they are offering Investment Solutions in Industrial, Commercial, Residential, Hotel, Logistics, City Center, High Access Corridor plots in India’s First Smart City ‘Dholera SIR’ and we have aggressive plans for upcoming projects in various parts of Dholera SIR as well. Moreover they will be undertaking development in the hotel, industrial, commercial and other categories also going forward.

CA Ramesh Gurav