Exploring India’s 1st Home-buying Experience on the Metaverse at Mahindra Citadel

The Indian real estate sector has seen significant changes that have revolutionised the way developers and buyers trade. That said, here is exciting news for homebuyers – a groundbreaking revolution that is set to redefine how people buy homes.

Mahindra Lifespaces has introduced a groundbreaking experience that will transform the face of home-buying – a pioneering Metaverse experience

Let’s delve into the future of real estate with the first-of-its-kind Metaverse home-buying experience at Mahindra Citadel.

 

The Metaverse Experience

Mahindra Lifespaces has created an innovative experience that promises to transport potential buyers into a virtual realm, providing an immersive and interactive way to explore the project like never before. Here’s a step-by-step guide that will assist homebuyers in navigating the Metaverse.

To embark on this extraordinary journey, all that is needed is either a mobile- phone, laptop/desktop or tablet and an internet connection. Mentioned below are the steps that need to be followed:

Step 1: Click here to visit Mahindra Citadel Metaverse page.

Step 2: Register using name, email and phone number and verify using OTP.

Step 3: Upon verification, proceed to the Metaverse Experience page. Tap “Click to Experience” to access Metaverse.

Step 4: Post access to the Metaverse, choose an Avatar to begin the virtual tour of Mahindra Citadel.

Step 5: After choosing an Avatar, users will meet Sia, a virtual concierge. She will introduce them to a host of options customised to make their Metaverse journey memorable and simple!

 

Key Features of the Metaverse

  1. Virtual Property Tour: Bid farewell to static images and floor plans. With the Metaverse experience, homebuyers can take a virtual stroll through their potential homes. They can feel the ambience, check out the views from the balcony and windows, and get a genuine sense of living in these spaces.
  2. Interactive Show Residences: Potential homebuyers can dive deep into the intricacies of their potential future home. They can explore the kitchen, lounge in the living room, and envision their life in every corner. The Metaverse offers interactive show residences where users can customise the interiors to match their taste.

 

New Age Experience at Metaverse

The Metaverse home-buying experience at Mahindra Citadel isn’t just about virtual walkthroughs. It’s about embracing a new era of convenience and innovation. This new-age  experience features:

  1. Time Efficiency: Say goodbye to exhausting site visits. With the Metaverse Experience,  prospective homebuyers can explore Mahindra Citadel from the comfort of their homes.
  2. Immersive Decision Making: Visualising a home is no longer a challenge. With immersive 3D experiences, homebuyers can make informed decisions, ensuring that the property aligns perfectly with their vision.

 

Explore the Metaverse Today!

In the heart of the bustling real estate market, Bastion at Mahindra Citadel has paved the way for a futuristic home-buying experience. The Metaverse isn’t just a glimpse into the future; it’s the present reality for those seeking convenience, efficiency, and ease in their home-buying journey.

As people step into this virtual realm, they are not just exploring a project but contributing to shaping the future of real estate. Embrace the Metaverse Experience at Mahindra Citadel and witness the transformation of how homes are bought and cherished in the 21st century. Welcome to the future; welcome to Mahindra Citadel!

Encouraging future generations to learn sustainable practices at Mahindra Lifespaces’ ‘Experiences’ at KidZania Mumbai.

Empowering young learners to become #ArchitectsOfTheFuture

Learning through play is crucial for children’s holistic development in their foundational years.
In a unique partnership with KidZania Mumbai, Mahindra Lifespaces’ has launched its ‘Experiences’ , an exciting platform to empower kids to become #ArchitectsOfTheFuture. Here, they can unleash their creativity and explore sustainable development in an engaging and interactive environment located at KidZania Mumbai, R City Mall, Ghatkopar.

Building on Mahindra Lifespaces’ promise of ‘Crafting Life’, this immersive edutainment centre offers hands-on experience for kids to learn and enjoy across three distinct, cutting-edge zones:

 

 

Zone 1: Sustainable Design Studio

This zone helps kids to gain a profound understanding of the key design principles for building a greener tomorrow. Activities here introduce them to the concept of ‘Sustainable Development’, empowering them to design environmentally friendly homes virtually with a choice of sustainable elements.

Kids will have to pay 10 kidZos at this zone (the currency used at KidZania)

 

Zone 2: Green Power Hub

This zone educates kids about the importance of renewable energy sources. They actively pedal a stationary bicycle to produce carbon-neutral and sustainable green energy. The faster they pedal the bicycles, the more green energy they generate, helping them power household appliances like charging a phone or using a microwave.

Participating in this activity rewards kids with 15 Kidzo!

 

Zone 3: Construction Site

This zone allows kids to learn about building structures and techniques, understand the process, and use their skills to build sustainable homes. Here, young kids receive professional training on sustainable construction practices and can build homes using imitation bricks and cement.  There’s also a realistic working crane to transport construction materials to higher floors.

This activity rewards young learners with 8 Kidzo!

On completion, children will receive a certification of ‘Green Army Architect’. They can create a development using sustainable elements and experience being an architect of the future, and also understand the positive impact of their contributions to the environment, encouraging them to continue making greener choices in the future. These activities also refine kids’ psychomotor, cognitive, emotional, and social skills.

Mahindra Lifespaces launches ‘Experiences’ at KidZania Mumbai

A unique creative centre is now live to empower young learners to become #ArchitectsOfTheFuture

At Mahindra Lifespaces, we have been firmly committed to our vision of bringing alive, future-focused, and environmentally and socially resilient spaces. In one such endeavour to support this vision, we are excited to join hands with KidZania Mumbai to launch Mahindra Lifespaces’ Experience Centre – an initiative to teach sustainability-led practices and building design to young learners and empower them to become #ArchitectsOfTheFuture. The experiences are intended to engage them in an interactive environment to learn more about sustainability through play and exploration. This program further aligns with Mahindra Lifespaces’ flagship CSR initiative, ‘The Green Army,’ that educates and inspires school children to adopt a sustainable lifestyle. A grand launch was hosted to unveil the Mahindra Lifespaces installation at KidZania Mumbai, R City Mall, Ghatkopar, on August 10th, 2023.

On the left Mr. Rahul Dhamdhere, CMO at Kidzania India and on the right Mr. Viral Oza, CMO at Mahindra Lifespace Developers Limited.

During the Inaugural Ceremony. Mr. Viral Oza, CMO, Mahindra Lifespaces, and Mr. Rahul Dhamdhere, CMO, KidZania, addressed the attendees about the collective mission to empower kids to contribute to building a sustainable future. Some more fun and banter followed the Key Handing and Cake Cutting ceremonies, and the launch event ended with a ‘small’ surprise – young journalists from KidZania presented a custom newsletter covering the installation reveal!

The energetic parade guided all attendees to the installation site, and the curtains finally came down for the magical unveil! Excited and inquisitive kids flocked to experience these unique activities, presented through three distinct, cutting-edge zones:

  1. Sustainable Design Studio – Inspiring the next generation of green army architects
  2. Green Power Hub – Pedal to generate renewable energy for a greener world
  3. Construction Site – Build the city, one brick at a time

The activities in these three zones will empower young learners to become Architects of the Future, encouraging them to work in teams, practice empathy, and inculcate green habits. The event was also attended by many media personnel, and content creators, who believe in building a sustainable future.

The collaboration saw Green Army Certified Architects explore the three sustainability zones and learn about the tenets of responsible building design. A fun-filled day full of smiles and curiosity celebrated #ArchitectsOfTheFuture, marking the beginning of a well-wished partnership between two strong pioneers of sustainable development.

11 Important Property Documents Required for Purchase of Property as Per RERA

Owning a home isn’t just a dream; it’s a lifelong aspiration, and we pour our hearts and soul into making this dream a reality. It is also worth the time and effort to secure a place we can truly call our own. However, for most of us, diving into the realm of property acquisition can seem rather overwhelming – especially if you’re a first-time homebuyer.

Amidst all that excitement, there’s a lot of jargon to decipher, multiple legal intricacies to navigate, and several property documents to cross-check and go through. To help you out, we have a list of property documents that you should keep in mind. Let us have a look.

Here’s the list of property documents Required for Purchase as per RERA:

  1. Agreement for Sale

The Agreement for Sale is a property document that contains the seller and buyer’s agreed terms and conditions before the sale deed is drafted. It indicates the property’s agreement value and the loan amount. This is because the loan for any resale property will be a percentage of the agreement value or market value – whichever is lower.

  1. Absolute Sale Deed and Title Deed

One of the most crucial property documents that record the actual transfer of ownership of the property is the sale deed or title deed. It serves as the documentation for the sale of property and transfer of ownership from the seller/developer to the buyer. Compulsory registration of the sale deed is necessary.

Before the transaction happens, all parties should sign the sale agreement, and the terms and conditions agreed upon by the seller and buyer should be thoroughly checked. Buyers should check for a clear title and whether the property in issue has any encumbrance charges before signing the sale deed. It must be registered with the sub-registrar’s office where the property is located.

  1. Title Search and Report

The process of retrieving and checking papers relating to the history of a property that has been registered with the government is known as a property title search.  It includes property descriptions, title holders’ names, joint tenancy, and other vital information. This is essential, particularly for home loan applications.

  1. Khata Certificate

The Khata certificate is a revenue property document needed for purchasing a flat. It includes property details like size, location, and land information for tax purposes. This property document serves as identification required for housing loans, and also for electricity and water service applications.

  1. Receipt of Property Tax

Property tax receipts provide proof that the prior owner or occupant had paid all the due taxes, and nothing is outstanding. They also provide the property’s legal standing, making them crucial pieces of supporting property documents.

  1. Encumbrance Certificate

As per an encumbrance certificate, the property is free of all loans or encumbrances. This property document is vital if you are considering getting a loan from a bank as it contains information on all the transactions involving the property.

  1. Occupancy Certificate

The municipal corporation issues an occupancy certificate following the construction of a building to confirm that it was built in accordance with a sanctioned plan and is ready for occupancy.

  1. NOCs

It is crucial to request the developer for copies of the many NOCs received from several departments, including the Sewage Board, Pollution Board, Environment Department, Traffic and Coordination Department, etc.

  1. Sanctioned Building Plan by Statutory Authority

This is done to make sure that customers are wary of any developer deviations from the approved plan.

  1. Power of Attorney

A Power of Attorney is a crucial real estate document as it empowers someone you trust to handle property transactions on your behalf. This is especially vital when you can’t be physically present due to distance or circumstances. It ensures seamless management of property-related tasks, safeguarding your interests and streamlining the process.

  1. Development Agreement with the Builder

This is a legally binding agreement between the buyer and the builder that outlines the terms and conditions of the property development.

In the dynamic landscape of real estate, navigating the purchase of property demands a comprehensive understanding of the essential documents, especially in alignment with the RERA guidelines. At Mahindra Lifespaces, we recognize the significance of these documents in ensuring a transparent and secure transaction process.

As you embark on your property journey, armed with knowledge about these crucial documents, you’re not just making a purchase – you’re investing in a future brimming with possibilities. With RERA’s protective umbrella and our commitment to excellence, your dream home becomes not just a vision, but a tangible reality built on trust, compliance, and a shared vision of a brighter tomorrow.

Also Read: How RERA Brings Transparency to the Real Estate Industry

Infrastructure Developments in Kalyan-Bhiwandi Road

Situated beside the beautiful river Ulhas, Kalyan is taking over the real estate world and how! Being the 9th biggest city in Maharashtra, the infrastructural development around Kalyan-Bhiwandi is turning heads because of its prime location, commercial hubs, warehouses, and ever-increasing living standards. Be it accessibility, connectivity, or quality of life, Kalyan-Bhiwandi is witnessing immense enhancement.

With the rapid development and upgrade in the lifestyle, especially the Kalyan-Bhiwandi Road has now become a hotspot for investment and a perfect locality to live in, below are the reasons to believe this.

New Infrastructure Developments in Kalyan

The closeness of Kalyan to Bhiwandi makes it a potential industrial destination, as Bhiwandi has the largest logistics hub. Kalyan is increasing its road connectivity to 6 economic hubs, including, Thane, Bhiwandi, Dombivli, Ulhasnagar, Ambernath, and Badlapur. This connectivity will ensure a faster travel time and is expected to help more than 60 lakhs people. As a result, Kalyan is taking a spot on everyone’s wishlist to invest.

Connectivity: Increasing Residential Potential

a. Metro Line:

Metro projects have been taking over Kalyan to make connectivity easier. Metro Line 5 is a 24.9-km elevated line, connecting Thane-Bhiwandi-Kalyan. By linking the commercial, industrial and government sectors in Thane, Bhiwandi, and Kalyan through rail.

The Mumbai metro line 12 will connect the city of Kalyan with Taloja and will ensure last-mile connectivity in the Mumbai Metropolitan Region.

b. Road connectivity:

Samruddhi Mahamarg and Mumbai-Delhi Industrial Corridor will provide multi-modal connectivity with complete ‘plug and play. This multimodal passageway will lead to a substantial boost in the overall connectivity of the area. The construction of the Panvel-Virar corridor’s new line provides direct access to the proposed Navi Mumbai International Airport. The proposed 16-lane 126 km-long Alibaug-Virar multimodal corridor will give connectivity a significant boost. The ready 4-lane Durgadi Bridge is a vital link that helps connectivity to the station. The Dombivli-Mankoli bridge is under construction and will reduce travel time. The 26-km ring road in Kalyan connects Dombivli (W) to Titwala village.

Kalyan: The new Social Hotspot

Kalyan is now developing and intending to combine all aspects, from commuting to an enormous social infrastructure, and the developments have been ceaseless in all aspects possible, making it an attraction for the public and a real estate mogul.

Kalyan is poised to showcase better development prospects in the next 10 years than any other locality in the Mumbai Metropolitan Region (MMR). The Smart City plan includes 20 projects, three of which have been executed to date which are the automated solid waste management, a 10-metric-ton bio-methanation plant in Umbarde, and trash bins for segregation at the house level. The control command room, traffic signals and CCTV project will be in the KDMC offices in Kalyan, near Shivaji Chowk (W). It will aid with the monitoring of traffic lights, CCTVs, and other initiatives associated with the Smart City objective.

Birla Institute of Technology and Science (BITS) is soon opening an education institution in Kalyan with a learned set of faculties from prestigious institutions like Kellogg School. The campus shall also provide a safe environment for the students to excel. This project will further present Kalyan as the hub for great academic institutions.

Alongside the development, employment opportunities are increasing substantially. Various MNCs are shifting their bases to Kalyan-Bhiwandi and Navi Mumbai, making it a future corporate hub. Moreover, many colleges, schools, physical activity complexes, health aid, and other essential leisure activity focal points are commencing in the area, making it an ideal residential space.

The real-estate projects have made a mark with the designs and infrastructure. Kalyan is the third vertex of the golden triangle – Navi Mumbai, Thane, and Kalyan, which makes Kalyan one of the most aspirational destinations to reside in.

Life at Mahindra Happinest Kalyan – 2

A life at Mahindra Happinest Kalyan – 2, is no less than living the dream. The project is strategically located off Mumbai-Nashik Expressway and just 2 minutes from the Rajnouli metro station, making it accessible through metro, road, and rail. The homes are thoughtfully designed with windows facing east-west, to provide adequate sunlight and fresh air in the room. Spacious homes with cross-ventilation make it a perfect place to live a holistic and good life.

Unique features like inclined cycling and jogging track, parkour and obstacle course, an organic farm amphitheatre and more, help you to progress in your journey to a Health Sampanna life.

The project had a successful launch and is one of the top-selling projects in the Kalyan market. The thoughtful designs and distinct amenities take care of all the aspects of your health, whether social, mental, or physical, to craft a good life of complete health for you and your family.

Buying Over Renting: Which is Better?

Frequent transfers on a job, uncertainty in a job, and rise in the property rates often prompt the current generation to rent homes over buying a home. Buying a house comes with great commitment, and hence people these days prefer to rent a house rather than investing money to buy one.

However, the current pandemic has made people think the other way. People have understood the importance of having a home and with so many new projects launched with exciting schemes and attractive mortgage options, buying a house seems to have the upper hand.

Are you wondering why buying is better than renting? This article will emphasise the benefits of buying a home versus renting.

Serves As A Good Investment Option

When you pay rent for an apartment, it goes into the hands of your landlord. However, if you put that same money in a monthly instalment towards your own house, you are securing an asset. A manageable liability of EMI can build your future and develop an investment that might fetch you a handsome profit.

Build As Per Your Wish

A rented house won’t allow you to alter the specifications as per your wish. However, your own house will be a reflection of your dreams. You don’t have to seek someone’s permission to decorate your house or renovate it.

You Can Enjoy Tax Benefits

Mortgage loans provide better tax benefits than rent options. You can avail of tax benefits on the interest amount, as well as on the principal amount. Declaring details of a home loan will cover most of your income for tax saving options.

Periodic Maintenance Is Up To You

Dwelling in a house will invite several periodic maintenances, and in a rented house, you will have to wait for your landlord’s permission to carry out any repair work. However, in your own nest, you will be solely responsible for fixing a broken corner of your home.

Enhancement In The Real Estate Value Will Boost Profit

Investors and financial experts in the market have a strong opinion about the gain in the real estate market. They believe that prices will go up every year, and hence, investing in a house may generate profit for you in the long run and build an asset for the next generation.

Mahindra Lifespaces Give You More Than One Reason to Buy

Mahindra Lifespaces brings you a wide range of homes in all parts of the country.
Built with an ultra-modern construction practice, sturdy structures, majestic architecture, and loaded with enthralling amenities, Mahindra Homes have it all.

Also read: A Quick Guide to Online Home Buying in India

Thoughtfully built properties and affordable prices by Mahindra attract investors to end-users making it easier to buy a home than to rent it.

Mahindra’s prime projects are located at the prime locations of Pune, Mumbai, Chennai, Nagpur, Bangalore, Gurgaon. You can explore a secure and comfortable lifestyle at each project.

Every property developed by Mahindra Lifespaces follows a practice that benefits everyone. Mahindra Lifespaces makes sure they give back and provide only the best to you. The key highlights of a Mahindra Property would be:

  • IGBC-Certified homes* to give you nothing but the best.
  • Homes driven by the thought of sustainable urbanisation.
  • Superb amenities that simplify everyone’s life.
  • Thoughtfully designed living spaces with green design & development.

Conclusion

Home buying versus renting has been the central topic of debate for many years. Nonetheless, with Mahindra Lifespaces offering gorgeous houses at affordable prices, it looks like an offer someone should not miss. Explore the properties and fulfil the dream of buying your own home and create an example of self-pride.

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