According to this report, Donald Trump Jr, son of the real estate tycoon, is planning to set up a $1 billion real estate fund with focus on India. New York based Trump. His company, New York based Trump Organisation is also looking to set up residential and hotel projects in Mumbai, in cooperation with an Indian partner.
Interesting that his focus for this real estate investment is Mumbai, where valuations have been rather stretched, property prices underwent a recent correction and more is expected with more land being released from archaic bureaucratic control in order to counter the land-crunch.
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Why is buying a new home always a good option?
Owning a house is a common desire and it is a once-in-a-lifetime decision for many of us. When it comes to buying a home, most of us would prefer buying a new property, but there are many who would opt for a resale as there is a perception that it is affordable. But there are a lot of disadvantages in buying a resale property. Let’s evaluate this by looking at the points to help you make a wise decision.
Advantages of New Property
The biggest advantage of a new home is that it is a new, fresh start to making memories with your loved ones. It will be built according to the latest trends in the business like well-planned layout, smart use of space, provision of ventilation, fire alarms, security features, etc. The overall development will provide a holistic experience catering to all age groups and support a healthy lifestyle. A home in Residential Projects In South Mumbai offers good social infrastructure and tends to provide a good return in the future.
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