The Ever Rising Demand of Flats in Ahmedabad

Ahmedabad is the dream city of many. Be it for educational purposes to find that dream job, we often find many people moving to this city to fulfill their dreams. If you are one of those who have moved to this ever-active city and are looking out for flats to buy in Ahmedabad, then you certainly wouldn’t be disappointed for sure.

People who are looking for homes to buy in the city of Ahmedabad can choose flats located at various locations. A number of people often look for luxurious options that are also affordable at the same time. You can find a number of 2 BHK or 3 BHK options in Ahmedabad and this is due to the launch of a number of small-sized projects due to the ever-rising demand.

The real estate market can be expensive for the community of the middle class. This is due to the reason that the city of Ahmedabad is the most sought-after location when it comes to investments in real estate. A number of people also prefer to buy the flats in Ahmedabad as they provide all the basic amenities and a very organized infrastructure.

There are a number of factors that are considered by a number of middle-class home buyers. The most important of this is the budget and there are a number of residential projects in Ahmedabad that are launched to meet up the expectations of the middle-income group. A number of property developers too are coming up with all new projects that are affordable and these are mostly located nearby highways. The rise in demand for a smaller house which suits the budget is the prime reason for the launch of these projects. This is indeed a win-win situation for a home buyer as well as a property developer. The builders need not lose out on their profits and even the home buyers get a flat that suits their requirements and budget.

A number of builders are also coming up with ultra-modern and luxurious projects that suit the upper-middle class and the rich community. Businessmen do not shy away from spending huge sums of money to own their dream property and they also prefer houses that are located very much near to the commercial hubs.

Buying a property in Ahmedabad is indeed a good investment. The money that gets invested in a good property never goes wasted. All one needs to make sure is to take advice and choose the right property located at a prime location. With time, the price of the property only gets appreciated and you are good to earn some profits.

So, if you are one of those looking to rent or buy a property in Ahmedabad, do not hesitate. Instead, look out for some of the best properties located in this ever busy city and blend in with its busy lifestyle. With the properties offering the best of amenities at the best prices ever, you as a home seeker will never get disappointed.

How to Decorate the Room for Your Kids?

With regards to adorning a room for youngster, there are numerous things that you ought to remember. Since it will be a room which would require exceptional frill so it stays clean; you got the chance to concentrate on how you can make this room look lovely and more extensive in the meantime. There are numerous perspectives that ought to be kept in sight while finishing a space for your kids. From picking the shades to the furniture things, from divider workmanship to divider paints and a great deal all the more, everything about a room that should be enhanced for a youngster requires careful arranging and much homework.

  1. Study Area:

What great is a room for a youngster without having its own private perusing range? It is as critical as some other hardware in the room. Ensure that you save some space to put a pleasantly finished written work table where the portable workstation and books can be put advantageously. You can get it painted with dynamic hues so it gives a lovely look.

  1. Choice of furniture:

While enhancing a room; one ought to dependably begin with furniture since it is not something you will change for quite a while. On the off chance that you are pondering obtaining any furniture thing for your adolescent child; begin with whatever is in pattern nowadays. Kids nowadays love to have eccentric furniture things in their rooms. Along these lines, go for a decent match of cowhide couches or a recliner that they will treasure.

  1. Natural Plantations:

Keep in mind to add a touch of green to your adolescent’s room as succulent or pruned plants pleasantly organized in racks either on the written work table or in the corners. Your high school child won’t just feel fresher and quiet additionally the ranches will make the room a hypersensitivity free zone so that he or she doesn’t fall sick to the occasional changes.

 

  1. Cute Bean Bags:

Since a young person room shows most extreme levels of easygoing quality and a casual environment; you ought to put some exceptionally crazy things in there. Bean sacks are one of them. They are accessible in delightful outlines and hues and can be made on request too. In this way, you can get them made in acclaimed toon characters or most loved football groups of your child and so on.

  1. Stylish Beddings:

While picking the sheets for a room made for your high school kids; ensure that you remember their decisions. Sheets matter a ton since they can change the whole viewpoint of any room according to the alternatives you go for. Go for bright teenager sofa-bed sets, themed bed sheets, modified pads and pad sets as they will look to a great degree wonderful.

The future of Real Estate in the age of social media

The scenario of the real estate market has completely changed today with the advent of the digital age. More consumers are making use of the internet to fetch information across various spectrum’s before buying homes.

New age developers and buyers have turned to digital medium to connect with one another in a big way. Social media blogs lead to portals of property developers and help buyers to know about their projects. For example if you wish to buy luxury villas in Bangalore or any other city, just browse for the specific property and search by the builder, price, services, or city. How do builders and buyers leverage the social media for their benefits? We provide some answers.

Social media is a gateway for instant advertising

Real estate can leverage social media as an advertising tool that gives customers what they are looking for

Social media has a pervasive presence through channels like Facebook, Twitter, Instagram, Pinterest, LinkedIn, Google Plus and YouTube. These channels have millions of visitors daily.

As an illustrative example, one can choose Instagram to resell a luxury apartment successfully. A single image speaks a million words. It can also sell an apartment quickly. That is the power of social media. Both buyers and builders now understand how to use it effectively. Whether it is Twitter, Facebook or Instagram, the possibilities are endless. A new buyer can check various blogs before buying luxury apartments.

For instance, if a builder is selling Residential Apartments in Ahmedabad, they can use social media to geographically target the customers and update them. This does not mean targeting just those people who are in Ahmedabad; the platforms run complex algorithms capable of targeting people with interests in Ahmedabad, even if they live elsewhere across the globe.

The benefit of social media as a direct marketing tool is that a brand can have full control of campaign once they have understood consumer psyche. If for instance medical doctors prefer residential apartments near hospitals, they can provide that information to them. Builders anywhere can use the medium to build awareness of their presence.

Customers who have already booked apartments can be informed about how the work is progressing, at what stage of completion the project is. This kind of transparency goes down well with consumers and gives the brand image a boost. Similarly, builders use social media to announce new launches, special offers, discounts, etc. as it is a cost effective medium and provides instant responses.

Virtual suites add solid support to business

Builders and developers that have failed to register their presence on social media will find they have lost one of the biggest marketing opportunities.

Digital marketing has taken the business fraternity by storm and even though real estate was hesitant to traverse into unknown waters, it has finally taken a plunge. Perhaps real estate was comfortable in doing its business the traditional way but seeing the onslaught of social media presence, they have no option but to comply with trends.

Today’s customer likes to be well informed about most things that affect them. Buying real estate is one of the biggest decisions they make and so they begin their search on the internet. They check out projects, brokers, completed constructions, under- construction projects, prices, legalities, and even the new technologies used in buildings. Builders and developers have understood that customers like to make informed choices. So they are supplying this information through social media.

Silent communication works effectively,

Websites are no longer just a brand presence but powerful marketing tools

Right communication is the key to marketing. Social media has opened a vast window through which real estate can communicate instantly with prospective customers. Real estate too has caught on to this trend so much so that, besides establishing their brand, they even have marketing teams that communicate effectively on a daily bases with page visitors. These communications contain useful information; images, graphics, and even videos that portray the right brand image of any property located anywhere.

It is possible that mages of luxury villas in Bengaluru build interest in readers in another part of the country. However, for better information these visitors are likely to read the comments and the testimonial pages to get a more realistic picture of the building project. They will communicate with customer service before plunging into any decisions.

Make or break social media reviews

Real estate is a traditional business but consumers prefer a modern and transparent approach. It is best to embrace the new trends to keep business active.

Happy customers mean happy reviews and probably more sales. Real estate can therefore garner the social media to build trust among consumers by offering transparent information and a product that matches consumer aspirations.

Real estate social media marketing campaigns therefore have begun to revolve around the buyer and getting to know market sentiments. So, apartment projects reflect customer choice of features and amenities. Today social media pages often have reviews about real estate projects and these reviews often influence consumer sentiment. Therefore, real estate has to be on its toes to ensure that buyers get what they are looking for or they could find that negative reviews are bringing down their brand image and sales.

Four advantages for married couples on jointly owning a property

Jointly owning a property comes with certain intangible benefits. It elevates the status of the wife in the society and creates a long-term commitment and better bonding between the married couples. You should also be aware of the financial advantages of jointly acquiring the property.

Stamp duty

Holding property jointly allows the homeowners to enjoy certain benefits on stamp duty. It is for this reason that women in certain states are encouraged to hold property jointly. The stamp duty rates are reduced by 1-2% when they jointly hold the property. For instance, the stamp duty for a woman in Delhi is 4% of the market value, while that for a man is 6%. In Rajasthan, women have to pay 4% of the market value as stamp duty, while a man has to pay 5%.

Tax benefits

A joint home loan comes with certain tax benefits for all the co-borrowers. They can claim a tax deduction of INR 1.50 lakhs for the principal amount under Sec 80C and INR 2 lakhs for interest payment under Section 24. When two or more people acquire a home loan, each of them can individually opt for the tax benefits. As a result, the tax deduction will be higher.

Affordability

The loan eligibility determines the budget to purchase a property. This is decided based on the income and it has certain limits. When you go for joint registration, you can apply for a joint home loan. The debt burden is shared between two people. This helps in obtaining a higher amount of loan, as the creditors consider the incomes of both the people. You can obtain a joint home loan by applying along with your spouse, siblings, and parents.

Succession

Joint ownership between the couples also comes beneficial while dealing with succession. In case a property is owned by a single person, transferring property can be a time-consuming and lengthy process. The procedure to obtain the documents in the name of the successor involves excessive conformation to the rules and regulations. Although people often go for shortcuts and unethical means while transferring the property, however, the process becomes simplified when you go for joint ownership. It can reduce paperwork and other related hassles to a great extent. It is wise to go for joint ownership, as in these cases, the spouse becomes the successor. This keeps off unwanted problems in the future, after the death of a person.

Themed Plotted Developments Attract City Buyers

Themed plotted real estate complexes are increasingly attracting city buyers in Ahmedabad and surrounding areas. In recent years, the real estate investment in Ahmedabad has increased manifold. A number of projects have come up across the city, which offers themed plotted developments to the buyers. Such projects are drawing buyers in large numbers in recent years, as they allow the homeowners to develop homes that cater to their hobbies and passions. For instance, themed plotted developments have got the adequate infrastructure for nature, sports activities, organic farming, and so on. These plots are being upgraded by the reputed real estate companies. These are not simple pieces of land that are connected by basic features like water supply, concrete roads, park, and electricity. Themed complexes have been in the trend for quite some time now. Resorts, villas, and other real estate have been developed across the country by the reputed builders in India. You may check out the latest projects online in the real estate portals.

Homeowners, particularly luxury property buyers are interested in buying these homes. These include the people belonging to the ultra-high-income group and IT professionals. Most of these people are interested in building their second homes, rather than purchasing templated properties. The developers, too, are keen to enter the micro-markets, tapping the possibilities of selling these properties here. They integrate these homes with state-of-the-art amenities in order to lure the customers. Certain housing complexes have also been developed with artificial beaches, boats, and sandboxes. These also contain many man-made designs, such as artificial forests.

The amenities in these themed plotted developments are included after considering specific situations. Therefore, these homes may come with turfs, lawns, basketball courts, clubhouses, stadiums, facilities for indoor games, and so on. Many complexes in recent years have come up with yoga and acupressure facilities. Besides, these homes come with dedicated play areas for children, a swimming pool, gym, and other amenities. Homeowners who buy these properties get access to the amenities, in exchange for an annual maintenance fee. For the latest updates on upcoming and ongoing projects, visit the Radhe Developers website.

Investors, on the other hand, too, have been investing in themed plotted developments. They have realized that these projects attract high-income buyers and are lucrative deals in the long run. Most of the key cities of the country have witnessed the development of these resorts. An additional advantage for the homeowners in these cases is the proximity of the complexes to the key areas in the city. The residents can get easy access to the important places, including the commercial and business zones in the city. Besides, the homeowners can get fast access to the places of recreation. These developments have taken place in areas close to reputed schools and hospitals. This enables the homeowners to get fast access to these institutes. If you are willing to buy apartments in Ahmedabad, you can get them customized in the real estate portals. Luxurious homes have always been a fascination for homeowners. Moreover, these homes bring you an elegance you had always craved for. For property owners, this is the right time to make the investment.

Gujarat Announces Restrictions; Night Curfew From 8 PM to 6 AM in 20 Cities – Covid 19

Gujarat government has imposed a night curfew in a total of 20 cities from 8 PM to 6 AM from Wednesday, April 7, among other restrictions as the state saw its highest-ever spike in a single day. As many as 3,280 coronavirus positive cases were reported in the last 24 hours taking the tally of infections to 3,24,878 while 17 deaths pushed the toll to 4,598, the state health department said. Also Read – COVID-19: Karnataka To Impose Night Curfew in Bengaluru, Mysuru and 6 Other Districts From Saturday | Details Here

As per the restrictions, all government offices will remain closed on Saturday till April 30. Only a total of 100 people are to be allowed at weddings. Grand events to be postponed until April 30. Also Read – RT-PCR Test Mandatory For Passengers Flying to Assam From Mumbai, Karnataka | Check Details Here

Gujarat is now left with 17,348 active cases. Of the 17 fatalities, seven patients died each in Ahmedabad and Surat, while two succumbed to the infection in Rajkot and one died in Vadodara district. Also Read – Covid-19: Night Curfew in Noida From 10 PM to 5 AM Till April 17, Essential Services Exempted

With 2,167 people recovering in the last 24 hours, the count of recoveries in Gujarat went up to 3,02,932 on Tuesday, the department said in a release. However, the rate of recovery fell to 93.24 percent.

The neighboring state of Maharashtra is the country’s worst-hit state, reporting nearly 60 percent of India’s total tally.

 

Source – India.com web portal

The Things Most failed to Spot When Buying a House

Fire safety

Another factor that rarely appears in viewing a house checklist is fire safety. While most reputed and reliable builders take care of this, it is still very crucial for an individual to check how safe the house is in case of fire. Checking the distance to the fire exit, availability of fire fighting equipment, etc. should be checked before shortlisting a home.

Child safety

We always make sure to choose a neighborhood that is safe, but how often do we look into the safety of a child in the house? It is important to notice factors like the type of nosing of the stairs, the presence of sharp edges, the types of locks used, etc. These factors determine the safety of a child, prevent serious injury during a fall, and help you curtail any mishaps. Opting for handles instead of knobs, secure railings for balconies, rounded nosing for landing, etc are some of the options that you must choose to ensure safe indoors.

Mobile network and connectivity

It is surprising that this factor does not make it to many checklists considering how important mobiles have become in our day to day existence. Imagine living in a house that has a poor or no network. It is not only very inconvenient, but it is also unsafe as staying connected at all times is extremely essential today. Make sure to visit different rooms in the house that you have shortlisted to ensure that there is good network reception throughout the house.

Other amenities

While we are all looking into amenities like swimming pools, play areas, etc, we seldom overlook other amenities like convenient garbage disposal, rainwater harvesting, etc. These amenities are essential and the absence of which can be really inconvenient to function effectively on a day to day basis.

The Importance of Home Insurance

Home insurance is a type of insurance that offers coverage against your property damages, loss of personal assets, etc. You can avail of home insurance to ensure financial security during such unforeseen circumstances. The insurance plan will be valid for a specific time period after which you will have the get it renewed. A good home insurance policy will save you from spending a huge amount of money for renovation or rebuilding your home structure in case of damages.

How does it work?

A home insurance policy can be initiated by paying a premium amount to the insurance provider. You will have to continue paying this premium as per the stipulated timeline to avail the insurance coverage. The premium amount and coverage criteria will vary according to the insurance provider. You can do a comparison between different home insurance plans to find out which one fits your budget and requirements.

Insurance companies offer different types of policies such as Building Insurance, Contents Insurance, Tenant’s Insurance, Landlord’s Insurance, Personal accident cover, Public liability coverage, etc. It is advisable to speak to a reliable home insurance professional to understand more about these coverages and explore the best option available for you. Now that you know what is home insurance let us now discuss the benefits of taking home insurance.

 

Benefits of Home Insurance

Provides financial coverage against calamities

While buying a new home you should consider availing a home insurance policy as it gives you financial coverage against natural and man-made calamities that damages your house. This can include calamities like floods, earthquakes, storms, explosions, fires, electrical, etc.

Coverage against loss of your valuable assets

Home insurance will also offer coverage against the loss or damage of your priced assets stored in the house. This can be as a result of theft or any other man-made or natural incidents. Personal assets like gold, jewelry, cash, furniture, and other appliances will be insured under the home insurance policy.

Provides expenses for temporary living

If your house encounters structural damage and you want to stay in another house temporarily, you may be eligible to get the rental expenses from the insurance company. The terms and conditions may vary according to the insurance policy you have availed of.

Additional coverage

Insurance companies also provide many other additional benefits for the insured apart from the above. Some insurance providers will provide you extra coverage limit, premium discounts, and exciting add-ons to ensure a seamless living experience even amidst calamities. Many builders offer complimentary home insurance coverage for a specified time frame for the benefit of homebuyers.

How to Invest in the Right Property Within Budget?

Know your needs

Another factor that you may overlook during the process of property search is to know your actual purpose or need with the purchase. Different people will have different intentions for investing in real estate. For some of you, it may the dream home that you want to buy and for some others, it may be a profitable investment for the future. So understanding your need is most imperative in the case of property investments. Also if you are choosing a house, you may have some aspirations like having more space, a garden, play area, security and much more. Most of the modern apartments and gated villas will provide a range of lifestyle amenities that you and your family can make use of. Plan all these ahead and while calculating the budget, choose whichever specifications are important for you. Instead of blindly buying a property, try to choose the one that satisfies all your needs.

 

Calculate the budget

The second step after deciding the location is calculating your budget to check how much money you can afford to invest in the new property. If you are a first-time homebuyer, then it is better to consult a qualified and trusted financial advisor to know your bank loan eligibility and related criteria. Once you have calculated the budget, then start exploring different options that fit within the limit. Always try to choose an investment that offers high value for money and serves the purpose that you envision. It is better to start small as spending beyond your limit can invite huge financial burdens in future. While analyzing the budget, do not forget to include the additional expenses like registration charges, tax, interior styling, furniture, etc.

 

Size and type of property

Finding the right property is a confusing affair as you may find plenty of properties of different sizes and types in your chosen location. Land prices can vary depending on the location, size, age, and type of property. So it is important to decide what type of property you want to invest in. Buying ready-to-occupy apartments is a great way of earning monthly income as you can rent it out as soon as you buy the property. Another affordable investment option is investing in an ongoing project. Ongoing projects will be priced much lesser than the price of completed projects in the city. Moreover, you can get homes equipped with state-of-the-art modern amenities if you book a flat or villa in an ongoing project. Also, prices will vary according to the number of bedrooms, amenities and quality of materials used. Builders in Kerala like Confident Group offers apartments and villas at varied prices ranging from luxury to budget segment.

 

Decide the location

The first and foremost step in property investment is to find an ideal location that you are interested in. It could be your native city or a place where you are working, location is an important factor that decides the worth of your investment. Remote localities will usually be cheaper than localities within the city with rapid development. So depending on the purpose of your investment choose a location that is right for you. For example, if you like to stay in a peaceful and verdant area away from the noise of the cities, then consider buying a home or plot in the outskirts. If you like to have a modern lifestyle close to your workplace enjoying the city transport facilities then go ahead and invest in a budget apartment in your favorite city.

Home Loan Rates at the Best Rate – Perfect Time to Buy Your Home

Living in the COVID-19 pandemic era has created a lot of tensions for working professionals as they are struggling to retain their jobs and manage monthly expenses. Many NRIs had to return to their native in India owing to the global financial crisis and job losses. However, amidst all the gloom, there is a ray of hope for those who are dreaming about buying their own home in India. This year the home loan interest rates have touched a historical low as a result of RBI’s revised monetary policies to boost economic growth in India. State Bank of India, one of the largest banks in the country now offers interest rates as low as 6.9% which is a record drop as compared to the previous years. A lower interest rate will not only reduce the interest paid on the loan but also the monthly EMI burden. Most of the banks are now offering 80-90% of the loan amount, so you don’t have to pay a huge amount of money upfront.

Few examples of Home Loan interest rates by Leading Banks:

  • Federal Bank: Federal Bank offers home loans at an interest rate starting at 7.9% for the amount below Rs. 75 lakhs.
  • HDFC Bank: HDFC Bank has a starting interest rate of 6.95% for loan amounts up to Rs. 75 Lakhs.
  • State Bank of India: SBI offers interest rates starting at 6.9% for a home loan of up to Rs 30 lakhs and a rate of 7.9% for loan amounts between Rs 30 lakhs to Rs 75 lakhs.
  • Canara Bank: Canara Bank offers an interest rate starting at 6.9 for a home loan amount of up to Rs 75 lakhs.
  • Punjab National Bank: PNB home loans are offered now starting at an interest rate of 7.1% for loan amount below Rs. 75 Lakhs.

Additional Benefits with RBI’s Repo rate cut

Besides the interest rate reduction, another favorable factor for prospective homebuyers is the repo rate reduction announced by RBI during the nationwide lockdown. With the repo rate cut by 40 basis points (100bps=1 percent), the repo rate now stands at an all-time low of 4% and the reverse rate is at 3.35%.

Considering all these aspects, homeownership is becoming more and more affordable for the common man. Having a permanent home is not just a dream come true but it is also a way of securing your family’s future. Real estate is a perfect investment option in these uncertain times as it promises you good returns. Even if you are not planning to stay in the home, you can earn money through rental income.