Few Tips to Buy 2 BHK Luxury Apartments in Ahmedabad

Being Ahmedabad and its nearby area as one of the most preferred locations for residents. Thus, many of you must be looking for 2 BHK luxury apartments in Ahmedabad, so have you come well prepared for buying property. If not, then at least for time being you could consider these points while buying 2 BHK apartments in Ahmedabad:

Research Locations

Truly people a home in an agreeable area is an essential thing. Well, agreeable area essentially implies that it ought to be at any rate near a school, a healing center, transport stops and a general store. In this day and age, not every person can bear the cost of a decent extensive house inside city restraints. Thus, one has no choice, however, to purchase homes in the edges. In such circumstances, 2 BHK apartment in Ahmedabad could turn to be the absolute matter of interest. The other thing to remember is the future advancement of the place. This would guarantee a decent resale estimation of your property on the off chance that you consider auctioning it off later.

Plan your Finances

Maybe it’s a little prosiest, however, arranging your accounts previously putting resources into a house will constantly top the rundown. With most youthful experts anticipating new homes it may be conceivable that an arrangement for appropriate accounts won’t be done well. Numerous a period people have training advances or auto credits and without clearing them one goes in for a home advance and it’s at that point, that it gets troublesome and squeezing for them to pay off the obligations. Henceforth, before taking a home advance which continues for the most piece of one’s life one must make certain of a consistent wellspring of salary and that too a decent sum.

Documentation and Allotment Letter

Ultimately, documentation is much critical as these papers would be important all through be it for advances or to sort any issues related to your home that may manifest later. So, keep all papers set up and ensure it is marked by concerned individuals. Ensure it’s finished by a skilled and put stock in the attorney. At that point, there’s the distribution letter.

Manufacturer Credibility

There have been such huge numbers of occurrences all finished where we have seen tall structures falling like a pack of cards on the grounds that the developer utilized despicable issue while building the house. To guarantee your and your family’s security inquiries about well about the manufacturer and an ideal approach to will be to search for past tasks of the developer. It is likewise prudent to go and address individuals living in those condos and see if they had any issue like untimely breaks and so on in the building.

Noise resistant winodws for Apartments or Villas

Windows and doors have gone above the realm and serve purposes than they were originally designed for. Previously windows were designed for the purposes such as ventilation, letting in sunlight and keeping the intruders at bay, but with the advancements in the uPVC technology windows now have a varied range of advantages. These uPVC windows are lead-free, durable, high-wind resistant, waterproof, soundproof and burglar proof as well.

Soundproof windows are one advantage which is universally appreciated. So let find out the features Venster uPVC windows have, to provide us with the best insulation:

  1. Noise Resistant: Our windows are designed with special noise-resistant properties which reduce the noise up to 30-40 dB. This double -seal system allows acoustic control requirements in your home and keeps the noise outside. These small steps help the residents of the house keep their blood pressure and stress levels in control. Noise resistant windows are also known to be helpful during storms, high wind loads and torrential rains, as they keep the noise outside and do not let the water come in as well.
  2. Varied glass thickness: Our uPVC windows can be fitted with varied thickness of glass windows such as double-glazed or laminated ones. These glasses not only keep the house airtight but they also can reduce the unwanted noise and sound manifolds.
  3. Multi-chambered: Venster provides the most multi-chambered uPVC windows which are welded jointly to improve the overall sealing in your homes. These are an added benefit to the already soundproof uPVC windows that Venster designs.
  4. Use of Silicone sealants: Our uPVC windows are installed very cautiously. In order to avoid unwanted gaps in the window frames and wall, there is the use of silicone sealants and gaskets in the installation process. This keeps the whole area completely sealed and does not allow any noise or dirt to enter the house.
  5. Multi-point locking system: Our soundproof uPVC windows come with an additional feature of multi-point locking, they do not just improve the overall sealing but also enhance the sound and thermal insulation in homes. It will help you sleep peacefully in your home without the fear of being robbed or hearing loud noises.

How to choose a location while buying an Apartments in Ahmedabad?

While one researches before buying any type of property be it residential or commercial, the importance of a strategic location becomes very clear. And shortlisting the properties which are at convenient locations and offer best returns are something one should prefer investing in. If we talk specifically about one of the most developing cities of the nation that is Ahmedabad, then be it a residential apartments in Ahmedabador a residential plots in Ahmedabad, the location if chosen wisely can prove helpful in many ways.

Here’s a mention of some of the points which are likely to help the investors arrive at options with locations which are not only strategic but also suitable and fruitful:

  • Choose location according to your investment plans:

If the investment is for a shorter duration, it is recommended to buy a property which is located in an area which is either developed or in its development phase. The investment goal may vary from 2 to 4 years and so does the choice of the property. If the investor plans for a long-term investment, then there is no harm in going for a project which is located even at an under-developed location as such locations tend to develop at a faster pace in near future. And opting for these locations is an affordable option in Ahmedabad.

  • Choose location according to the family members:

Those who live in a joint family and are planning to buy a property for their own use are advised to look for a location which can cater to everyone’s need, be it old parents, young children, or even the working class family members. Those who live with children aged below ten years can prefer a location which is near a renowned school in Ahmedabad, amusement parks, or even lush green parks. If your family consists of old parents or some patients, going for an option which is near a hospital, pharmacy shops, temples, etc. is a good choice.

How is Ahmedabad market growing in the Real Estate Space now?

Ahmedabad real estate market has been witnessing slow sales growth for quite some time. The real estate sales volume that has been falling since the last four years is unlikely to see growth immediately. The current real estate trends are rigid as the market dynamics are changing fast.  Post demonetization, the homebuyers have become even more cautious while investing in the Ahmedabad’s real estate market.

Revival of Market Sentiment

Although the real estate sales in Ahmedabad had picked up in the first half of 2016 because of improvement in business sentiment and the revival in the manufacturing sector, however, there has been no clarity on the stability of the market. The homebuyers and investors are maintaining a wait and watch approach currently. Moreover, the property prices have been stagnant in the city for a long time. Real estate in Ahmedabad did not witness major price appreciation as well. Further, the sluggishness is also reflected in the property registration, as there has been 63 per cent fall in Ahmedabad property market.

However, the micro market sales have witnessed considerable changes in the first half of the year 2016 after a consistent slowdown. The share of sales in East and North Ahmedabad have increased marginally, and the share of the rest of the micro-markets have reduced slightly. The areas such as Gota, New Ranip, Tragad, Chandkheda, Motera, Naroda, Vastral, Nikol, Kathwada Road, and Odha including others have witnessed potential sales in the residential property. In fact, the homebuyers prefer the North and East zones because the property prices are affordable and are in great demand among mid-segment homebuyers. The maximum number of new launches are taking place here. The social infrastructure is quite robust and convenient in the northern part. However, the eastern zone is a reasonably priced destination comparable to North Ahmedabad. The property prices in the northern zone are within Rs 2,200-3,700 per sqft and the eastern zone is between Rs 1,800-2,500 per sq ft.

Central Ahmedabad’s share has been holding steady over the last 12 months due to better connectivity and office spaces.  It has attracted homebuyers substantially despite high prices. The property price in the central region is between Rs 5,500-7,500 per sq ft. The locations such as Ambawadi, Navrangpura, Shahibaug and Nehru Nagar are few places preferred by high net worth individuals due to well-developed social infrastructure and commercial spaces. Many foreign investors have held their decision due to stagnant market price and lack of price deceleration.  These investors may start investing in Ahmedabad’s real estate market, as there is an expectation that the property prices in the secondary market will fall down over the next one year due to demonetisation. If prices fall, it will be beneficial for the premium and luxury segment. Therefore, it will be best for NRIs to invest in Central Zone in Ahmedabad.

Like Central zone, the western zone also has easy access to the major retail centres and has a good social infrastructure. The areas such as S. G. Highway, Ambll, Bodakdev, Jodhpur, Prahlad Nagar, Satellite, Bopal, Thaltej, and Science City Road have good connectivity. The price range is the west Ahmedabad is within Rs 5,000-7,000 per sq ft. There are many premium properties available in the region. Along the Sarkhej-Gandhinagar Highway, there are many industries and commercial spaces located that are attracting the homebuyers and investors. The High Court of Gujarat is also located here. Many colleges, schools and universities are located here. The Highway also connects to the other parts of the city with ease. Public transportation is good in Ahmedabad as buses run by the Ahmedabad Municipal Transport Services (AMTS) cover almost all areas and the charges are nominal.

However, South Ahmedabad is facing great challenges due to poor connectivity to the city centre and lack of social infrastructure. The builders are developing new projects in areas such as Vinzol, Hathijan, Vatva and Narol. In fact, the southern zone has high unsold inventory available.  South Ahmedabad may take almost a decade to develop substantially.

Technology: A Game Changer For Indian Real Estate Market

The world is changing real fast due to technology, impact of which can be seen in every aspect of our life: be it at home, our work or shopping habits. The digital revolution has made lives more dependent on technology. There has been tremendous growth of social media, e-marketing, web communication, advanced software, mobile apps, and sophisticated IT systems. The impact of these advancements can also be seen on real estate market. The technological advancement has brought monumental changes in the Indian residential real estate market. From real estate startups to property portals and developers, all are investing heavily in advanced technology to ensure seamless customer experience.

Right from designing to the construction, marketing and sale of the residential and commercial projects, the impact of technology can be seen everywhere. People now take help of real estate apps to search and buy property in India. Technology in realty sector has helped people find more economical and reliable ways to gather information. Some other impacts of technology on Indian real estate market include:

Virtual realty videos: With the reducing global boundaries, there is more demand for residential property in India by NRIs. As these investors are not able to visit the sites physically, many developers in India are providing them real like experience through virtual realty videos of the flats. Some other examples of technologies used by the builders to give an overview of the upcoming project without even making a sample flat are 360 degree, Live-in-Tours, Retina, and Advanced Machine Learning.

Analysis, graphs and charts: Gone are the days when home buyers were dependent on the brokers or builders to get an overview of the location and project. Property apps now provide them thoroughly analyzed and carefully designed graphs, comparison charts and other insights with just a few clicks. Cloud computing and data-driven statistical analytics are playing a vital role in making these charts interactive for home buyers.

Virtual sale: With every person having a smartphone in his/her hand, now property sale is not limited to just the physical world. Realty investors now don’t hesitate in making transaction in the virtual world. Buyers explore various options virtually to short-list the properties. Builders are also taking help of real estate websites to reach out to the potential buyers with property details. Some brokers and developers are going a step further with customized and easy-to-use mobile applications for property search.

Easy and quick property selection: More than builders, the real estate buyers and investors in India are getting benefited from the technological advancements. They now have an efficient flow of information at their fingertips. Based on their preference of location, price, amenities, design and area, they can choose a suitable project from thousands of residential projects listed on the real estate websites. This has also helped home buyers save their money, unnecessarily paid to the brokers.

Due-diligence: Easy and quick access to the up-to-date information, latest news, and important laws help investors and end-users make an informed decision. They now don’t rely on the information provided by the builders or brokers.

Since most of the real estate investors now use mobile phones to search right commercial and residential projects in India, it is the best time for the brokers, agents, and builders to leverage technology and gain maximum exposure. Further, the brokers need to keep a close eye on the emerging technologies and grab the opportunity at the right time to generate more revenue. The builder-broker community needs to realize that the investors are fast-adopting technology and they need to make up to this challenge in order to survive.

Do I Need an Interior Designer?

I have zeroed in on aesthetics – wall colors, ceiling designs, window treatments, and pillow patterns but, still I am not getting the feeling of wow? I am too busy with my family and job, and I really don’t have time to think about designing the interior of my home? I have clarity about my home and how it should look but, it seems too strenuous to look into minutest details and I might miss the elegance? I am very good at decorating things and I receive numerous compliments for the same, but the designing part has overwhelmed me? If you answered yes to these questions, then maybe you need an Interior Designer. Interior designer is a professional, who goes beyond cosmetic concerns to ensure that space feels harmonious from every angle – be it the floor plan, wall décor or color scheme. With the easy access and availability of the information on interior designs online, it is quite probable that you might have envisioned of certain designs for your home but, an interior designer can help you bring it to life while making sure it satisfies all the nitty-gritty of the entire gamut of interior designing, such as, space planning. An interior designer will not only provide the artistic solutions that you might never have imagined but, will also put his / her attention to the tiniest details that will transform your space into a heavenly abode. So, let’s see when you should consider hiring an interior designer for your home. You definitely need an Interior Designer if you can relate to these quotes encircling your mind.

“I want something more than the usual Fabric and Colors! Something classier”

While fabrics, furniture and color may play a very large role in interior design, there are a plethora of mundane tasks that are required of interior designers. An interior designer will provide expertise in design, ergonomics, spatial concepts, ethics, etc.

“I want a Home that reflects my personality, it should say who I am”

A home is an identity of the people living there and it reflects who they are. The professional interior designers will not work on cookie-cutter approach, but they will listen to you, assess your needs and then create an original design that fits your space perfectly.

“I want to make the best use of the space we have here, any ideas?”

An expert designer understands the design limitations well and gets himself / herself familiarized with the size and scale of the space available. He / She keeps the surrounding environment in mind and responds to it accordingly. Whether you are in a ‘Multi-Storied Apartment’ or having an ‘Independent Villa’, the designer will take a cue from the surrounding and chose the best, based on the context of your space.

“Don’t you think this will look good in the hall? I think it would be perfect!”

Aren’t we good at observations? Of course we are. And this is what we do most of the time when we go shopping for our home. We mentally measure the size of the rooms and available space. And because of this, many a times we buy either the oversized furniture or the undersized objects. It is a fact that furniture will look smaller in a display area with high ceilings and large carpet area than it will look in your drawing or living room. An interior designer will not assume, but actually measure your space before making a list for your shopping. He / She will also ensure to measure the doorways, stairs and elevator openings leading to your home and hand over those measurements when you shop. No one likes to return the furniture because it’s difficult to transmit through the lift or through the staircase.

“I am not sure if it’s going to be comfy, but let’s buy it and see!”

Isn’t it quite common that whenever we visit a mall or a showroom, we usually get fancied by a beautiful piece of furniture or an artifact available at an attractive price, and we end up buying it only to find out later that it’s painfully uncomfortable or pretty much useless? In interior designing, comfort is the key. There is no point in making a home look like a museum. It’s quite tempting to use every piece of decorative item you purchased or got as a gift from your loved ones but, a professional will let you embrace only the necessary and sufficient part of it. The first word that should come to your mind when you think of home should be “cozy.”

After reading some of the points above, you can quickly decide if you really need an interior designer or not. Surely enough, there are many other factors like fee, availability, etc. which can influence your decision to hire an interior designer. But all these could very well be negotiated given the information is available online.

8 Vastu Tips to Keep in Mind Before Buying A Home

Vastu Shastra, commonly known as Vastu, is a traditional Hindu system of architecture, the literal translation of which is “science of architecture”. These are based on Hindus as well as Buddhist beliefs and have been formulated with the aim of integrating architecture with nature, the relative functions of various parts of the structure, and ancient beliefs utilizing geometric patterns and symmetry. In order to ensure well-being, happiness and prosperity of all the residents, it is important for a house to be built as per guidelines laid down by the Vastu Shastra. Despite popular beliefs, Vastu Shastra is not fantastical or irrational but it’s based on sound scientific principles that aim at combining all five elements of nature to ensure utmost well-being of mankind. So, it is better not to ignore this aspect while buying a house, as you end up practically spending each and every penny you had saved till now on it, and you would want it to be just perfect. You don’t need to be a Vastu expert in order to know whether the basic structure of the house is as per Vastu guidelines or not. Just a quick look at the entrance and you will understand the Vastu of the house. How? Don’t worry; we will give you some Vastu tips to keep in mind before buying a house. Easy? Well here they are:

Entrance

If you are not buying a standalone property but an apartment, the entrance to the block will be considered as the entrance. Make sure that the entrance gate is located towards north or north east. South and west entrances are not recommended. The reason behind this is that sun’s rays entering from this direction during afternoon are harmful to your health. Proper ventilation with ample sunlight Vastu lays extreme importance on having proper ventilation in a house. The house should be open, airy and get ample of sunlight, as close claustrophobic places lead to breeding of germs and sunlight helps kill any unwanted germs and smells. A North or East-facing flat with windows and balconies in either of these two directions is ideal. According to Vastu, a house should not have a common wall with another house as it creates mixed energies; hence it is very important for open space to be left on all four corners of the place.

Kitchen

The kitchen should ideally be in the south-east corner of the flat. It is called Aagneya – apparently the direction governed by fire element.

Water storage tank

It should ideally be placed in the north-eastern corner of a building as this area gets the first ray in the morning, and early morning rays are very beneficial for the purity of water.

Toilets and bathrooms

They should ideally be on the south-west or the southern corner of the flat. It is because the wind blows from north-east to south-west and if toilets are placed in north-east, the wind will blow from toilet to the living room thereby contaminating the atmosphere.

Kid’s room

The most ideal place for a kid’s room is the north-east or north-west part of the house. Also the window should open to the North, because it would prevent direct harmful rays of the sun from entering his/her room, and giving him/her ample sunlight at the same time.

Center of the apartment

As per Vastu, there should be light in the center of the apartment, so closed spaces like kitchen and toilets should not be placed here. The center is an ideal place for a living room.

Staircase It is not advisable to build the staircase in the North-East, as this will block the morning rays of the sun. External staircase should ideally be placed in the South-west corner. Internal staircase should not be placed in the center because it would not only mar the beauty of the living room but also make it look congested.

How to save Money on Home Decoration?

Are you planning to decorate the look of your residential property but fear that it will make a huge impact in your pocket? Then stop worrying! There are numerous ways by which you can save a lot while ensuring the best interior for your home. Following are some of the sure-shot ways that will give a new look to your valued residential property without being too impact on pocket.

First of all, make a list of the changes you want to see in your home in a priority order. Do extensive research keeping into consideration the cost factor. Moreover, you can go for unfinished furniture goods and provide finishing touch to it later to save money.

Selecting the right Contractor is a decisive factor in this regard. Inform the contractor about your requirements in detail. Ask him about his plans and suggestions for improving the look of your home within the budget. Give him a go-ahead signal only when you are satisfied with his ideas.

It is better to use Cost Effective Methods of Decorating your house rather than using high-end products that serve the same purpose but are very expensive. For instance, you can buy simple yet elegant wall papers for the walls of your drawing room to enhance its appearance instead of hanging expensive scenery.

Since a huge amount of expenditure is incurred on the daily wage of the laborers, make sure that they are highly experienced and skilled in their work. Moreover, fix the income of the laborers beforehand so that once the work begins, there is absolutely no hindrance.

Appropriate lighting may also help you to create a new look for your home within the budget. There are several attractive but pricey mood lighting systems that may attract you but going for the cost effective CFL bulbs is more sensible. These lights are available in various shapes and styles. Moreover, you can use tubes and bulbs with different light intensities for different sections of your home.

Some innovative thinking backed by extensive research can help you get a new look for your residential property right within your budget, which will be admired by one and all.

Indian Real Estate – The Beginning of New Era

With three revolutionary reforms, GST (Goods and Services Tax), Real Estate (Regulations and Development) Act and Pradhan MantriAwasYojana, favoring the interests of the common man, the sun seems to have finally risen on the Indian real estate. All these reforms, acts, and policies launched by the government in the past 2 years point in the direction of a new era that would mark the transformation of real estate from a developers’ market to a buyer-driven marketplace.

Let’s have a glimpse at them to understand how they would change the face of Indian real estate.

Goods And Services Tax
Goods and Services Tax aka GST is a ground-breaking tax reform that has been enforced in India on 1st July 2017. It would subsume around half a dozen indirect taxation levied by the Center and the State like VAT, Service Tax, Stamp Duty etc., which used to lead to cascading or doubling of tax. The government has put the under-construction projects under the 12% GST slab that would be a sigh of relief for all the prospective homebuyers. The anti-profiteering clause in GST law would ensure that the benefit of the tax reduction because of GST is passed on to the buyers at all costs. The elimination of ‘tax on tax’ or tax cascading would be one of the biggest benefits of GST on Indian real estate that would gradually lead to lowering of property price in India.

Excluding stamp duty, a homebuyer, before GST implementation, had to pay a total of 11% tax; the actual tax might have increased by less than 1% but the homebuyers are rejoicing because of the clarity and transparency brought in by this tax reform.

Real Estate (Regulations and Development) Act
Real Estate (Regulations and Development) Act aka RERA has been implemented in the Indian real estate on 1st May 2017. As per this new regulatory law, all the builders and developers would have to register themselves with the State Regulatory Authority and those who fail to do so would face cancellation of their real estate license. The Real Estate Act is to empower the property seekers and homebuyers to raise a voice against the unscrupulous builders or developers.

This Act would bring transparency in the real estate in India and enable the aggrieved buyers to seek redressal from the builders. Builders who delay the project, use one project’s money into another project or even drop the project would have to pay interest to the buyers owing to this revolutionary act. Timely completion of projects, ease of inquiring, complaint registration and the transparency brought in by the RERA.

Pradhan MantriAwasYojana
The Pradhan MantriAwasYojana aka PMAY is the torch-bearer of PM Narendra Modi’s dream of “Affordable Housing For All By 2022”. This mission came into force on 25th June 2015 and seeks to provide affordable housing to all the citizens of India by the end of 2022. To fulfill this mission, the Indian government is coming up with new and affordable housing schemes so the people of India, especially the low and middle income group of the society, would be able to have a roof over their heads.

The government has decreased the home loan interest to 6% for those who want to take a loan for up to INR 9 lakhs and for those desiring a loan of up to INR 12 lakhs, can now get it at a 3% interest rebate. If the homebuyer complies with all the conditions put forward by the government, he/she can avail these attractively affordable offers and have a roof over their head in no time. A trigger in the home buying process would be seen gradually and people would now be investing their money on cheaper EMIs instead of paying house rents.

Advantages of Rent To Own Property

Many property owners these days are more than ever ready to offer their properties with Rent-To Own option. The primary reason being there are more properties in comparison to potential buyers. Before moving into the house the potential buyer has to sign a document. According to the document, the property buyer usually has to pay an increased/specific amount of rent to the property owner till the time he/she finally buys the property. There are many Advantages of Rent-To-Own Property which are following:

Advantages for Property Buyer

  • Experience the Home & Neighborhood: The Rent-To Own option gives opportunity to the buyer to stay in the property for a considerable time on rent. This way the buyer can judge whether his/her stay in the property would be pleasant or bad. The buyer can also experience the neighborhood overwhelmingly before finally deciding to purchase the property.
  • Enough Time to Arrange Finance: Buying property means making a life time investment! Getting the loans sanctioned from the banks is also at times very time-consuming. By signing the Rent-To Own option contract, the property buyer gets enough time to arrange the money. The property buyer can also meanwhile sell the old house at the desired price and buy the new property when the full amount for buying the new property (in which he/she is living on rent) has been arranged.

Advantages for Property Seller

  • Savings on Maintenance Cost: When a property owner gives a property to a buyer on Rent-To Own option, it becomes sole responsibility of the buyer to take care of the property. The buyer also feels conscientious to maintain the property properly as it would be his/her future property.
  • Fixed Selling Price: The selling price is mentioned in the contract signed between the buyer and seller. In case in future, the property price falls; the property buyer would be bound to give the decided price as written on the contract. The tenant wishing to purchase the property is usually allowed to stay in the property for a period for 2-3 years and rent has to be paid every month. The tenant may also be required as per the contract to make a non-refundable deposit to the property owner. In an event the tenant is unable to buy the property; the property owner has the liberty to sell the property to any other buyer. Rental Property in India