Swabhimaan- Aapka Ghar, Aapka Sammaan

Owning a home is a matter of pride. You burn the midnight oil, work hard and compromise a lot of things to reach a respectable position in life. Now it’s time to have a place you can call ‘home’.

With stringent bank rules related to homeloans, and lengthy documentation formalities, it is not easy for everyone to buy a house. There are a number of people who are financially capable of owning a home but due to lack of proper documents like ITR, Income proof, etc., their loan applications get rejected.

Swabhimaan- Aapka Ghar, Aapka Sammaan

Swabhimaan- Aapka Ghar, Aapka Sammaan

To make ‘dream home’ a reality for everyone, Investors Clinic is coming up with a progressive initiative called Swabhimaan. The scheme is for all customers who do not have standard income proof or complete documentation for taking a home loan. It also includes persons drawing salary in cash or generating income in cash. The scheme offers considerable flexibility with respect to certain documentation requirement like income tax proofs, bank statement, etc. [Read more…]

Welcome Goddess Durga with a more beautiful home this Navratri

The festive season is here. The cities and towns are glittering with the charm of festivities. Beautiful idols of deities, diyas, candles, colors etc., can be seen throughout the market. When the outsides of your home are reflecting the festive feel of the environment, why not decorate your house in such a way that this Navratri goddess Durga steps into your home and brings all the happiness.


Listed below are a few easy steps to decorate your home this Navratri:

Make a Rangoli- When you think of celebrations in India, the first thing that comes to your mind is a colorful Rangoli designed at the entrance of the homes. A rangoli not only beautifies a home, but is also considered as an auspicious gesture. If you are creative enough you can make an actual rangoli with bright colors. Otherwise, Rangoli molds and sticker rangolis are also easily available in the market.

[Read more…]

Future of property market along Yamuna Expressway

Yamuna Expressway is a 165-kilometres-long stretch that connects Greater Noida with Kanpur and Agra in UP. A six-lane expressway that would later be extended to eight lane up to Lucknow, it’s one of the longest controlled-access expressways in India.

The expressway is well-connected to various amenities in the vicinity, such as hotels, motels, schools, banks and hospitals via an excellent network of railways and roadways. Already, a clutch of schools, namely Patriot Public School, CV International School, John’s Mary School, DS Public School, and Galgotias College of Engineering and Technology have sprung up along the Expressway.

Future of property market along Yamuna Expressway

Future of property market along Yamuna Expressway

Big hospitals include Yatharth Wellness Hospital & Trauma Centre, NIMT Hospital, Kailash Hospital, Metro Hospital and Heart Institute and Manyawar Kanshiram, which is a multi-Speciality facility.

[Read more…]

Property price trends along Yamuna Expressway

The latest price trend along Yamuna Expressway gives good insight into what the future holds for the investors there. The average price of an affordable two-bedroom apartment in a residential complex hovers around Rs 38.36 lakhs, according to available estimates.

The most prime piece of property listed in Yamuna Expressway is priced at ₹ 10.00 crore, according to Prop Tiger’s Makaan.com. Experts also contend that unlike neighbouring NOIDA, where prices have nearly bottomed out, in the Yamuna Expressway they have witnessed a marginal uptake.

Property price trends along Yamuna Expressway

Property price trends along Yamuna Expressway

The Yamuna Expressway Industrial Development Authority (YEIDA) has approved Rs 4,156.13 crore for the region’s growth at a board meeting convened on June 9, 2017. Meanwhile, the Greater Noida Industrial Development Authority (GNIDA), at its board meeting had approved another tranche of Rs 6,443.05 crore for 2017-18, according to various media reports. Of this Rs 1,100 crore are to be distributed among farmers whose land has been acquired for urbanisation. This represents a 64 per cent hike over what was being offered earlier.

[Read more…]

Indians want to live life king and queen size

For one of the fastest growing real-estate markets in the world, luxury living is emerging as one of the most promising sectors of the industry. So much so that this sector is not just attracting the interest of the domestic investors and developers but also of the Indian diaspora. The high aspiration of good living of High Net-Worth Investors and changing lifestyle are just two common factors that are driving this sector.

Indians want to live life king and queen size

Indians want to live life king and queen size

According to Kotak Wealth Management’s Top of the Pyramid 2016 report, cited by 99acres, if the same conditions continue to prevail, luxury projects are likely to witness 100 percent growth over the coming five years. In the financial year 2016, there were about 1.46 lakh boutique houses launched in India, and this number is likely to climb to 2.94 lakh by 2021, according to one conservative estimate.

[Read more…]

Mistakes to avoid when you are a first-time home buyer

Raman promised his wife Radha, This year we’ll have our own home!

Digging his feet in, he said, “I need my own space, where Dhani (the couple’s six-year old daughter) can live the life of a princess.”

Over the years, Raman, who has worked as an investment banker with a brokerage house has saved enough to be able to invest enough in a luxury apartment, in one of the upcoming territories of the National Capital Region (NCR). A home would be among the biggest purchase, the young couple would be making and the decision cannot be taken in haste.

Mistakes to avoid when you are a first-time home buyer

Mistakes to avoid when you are a first-time home buyer

The question is- Can Raman build his house on his savings alone?

What other factors should Raman keep in mind while taking this most important decision in his life? [Read more…]

Brace yourself for a windfall, if you have invested in Yamuna Expressway

In the next five years, prepare yourself to make massive gains, if you have invested in any upcoming project, along Yamuna Expressway.

The second airport in the Jewar in Greater Noida is expected to be operational in the next five to six years at a whopping investment of about Rs 20,000 crore.

Expected to cater to some 30-50 million passengers per year over the next 10-15 years, the international airport that has alrady received a nod of approval from the Aviation Ministry is coming up on about 3,000 hectares of a sprawling, lush green belt. The first phase of the much-awaited project, to be developed over 1000 hectares of notified land, will undoubtedly revive the Greater Noida realty market, and be a shot in the arm of all the stakeholders there – the developers, realtors, estate agents, residents, hoteliers, retailors, you name it.

Brace yourself for a windfall, if you have invested in Yamuna Expressway

Brace yourself for a windfall, if you have invested in Yamuna Expressway

Before the Centre gave its approval to the project, developers had begun to get restless and were thinking of exiting from the project and surrendering the land back to the authority, when the glad tidings came, and the present sentiment is bullish among builders, to say the least.
[Read more…]

Will the change in Delhi’s Land Pooling Policy affect NCR’s realty market?

For starters, let’s understand what does Land Pooling Policy mean?

How does it impact property buying and selling?

Should you invest in a property or in a pooled land?

And, most important, what is the current policy status?

These queries are likely to be raised by investors interested in buying a property in Delhi’s National Capital Territory.

Land Pooling comes into effect when small chunks of land are owned by group of owners who assemble for the development of infrastructure as per the provisions of the Delhi Development Act 1957.

After the development work is complete, the Land Pooling agency redistributes the land among the title holders (land owners) after deducting the cost of the infrastructure development. This is done to attract and infuse private capital into the under-developed housing sector in a city’s outskirts, and reduce the pressure on the land that is already saturated.

Will Delhi's Land Pooling Policy change NCR's Realty

Will Delhi’s Land Pooling Policy change NCR’s Realty

What’s in it for the buyers?

Under the law, while land owners offering between 2 and 20 hectare of land for development are entitled to receive at least 40 percent of their land back, after the development work is complete, those who give up the maximum (20 hectare) stand to gain 60 percent of their pooled land back once the work on the infrastructure (roads, drainage system, electricity poles etc.) development is complete. The remaining is claimed by the Delhi Development Authority (DDA) and subsumed under the Master Plan 2021. The changes clearly spell out the new land use policy – about 55 per cent for residential construction, five percent for commercial/industrial and 20 percent for open, green areas, and the rest would be reserved for common public facilities, such as educational institutes, hospitals, police and fire stations etc.

[Read more…]

This Independence Day, Seek Freedom From Your Landlord’s Tyranny

Sudhir, a Noida-based art director with an advertising company has been toying with the idea of buying his own house for a long time now. He and wife, both working with multinational companies have been staying a plush, apartment on lease for the past three years and now when Sudha is expecting to be a mother in a couple of months, they want their child to arrive in their new home.

Since both are earning, and earning well, putting down a deposit on their own dream house is not a pipe dream for the young couple. They have already figured out how they are going to manage it. One’s salary will pay the equated monthly installments (EMI) on the home loan, while the spouse’s salary will take care of their other monthly expenses. Both realize that the time to invest in a good property is now, because they get burdened with child care expenses, schooling fee etc.

This Independence Day, Seek Freedom From Your Landlord’s Tyranny

This Independence Day, Seek Freedom From Your Landlord’s Tyranny

Basically, we want freedom from the hassle of paying rent every month,” quips Sudha. “…And we are mighty kicked with the idea of booking our pad on August 15, the Independence Day. For us, it would mean freedom from our landlord’s tyranny,” she jibes.

[Read more…]

What better day to celebrate the acquisition of a new home or office than Krishna Janamashtmi?

Janmashtami is celebrated with full verve and vigor, among devout Hindus, across India. It marks the birth anniversary of Lord Krishna, who is worshiped as an incarnation of Lord Vishnu, or the supreme creator in the Hindu mythology and belief system.

It’s also considered an auspicious time to make life-transforming decisions, such as the purchase or movement into a new home, or a new business establishment. It’s believed that the business will flourish and there will be lots of happiness and prosperity in the house if an important decision regarding a home of an office is taken on Janamashtmi.

Time for a new beginning! Krishna Janamashtmi

Time for a new beginning! Krishna Janamashtmi

Buying a first, or even a second home, or a place from where you conduct your business or work, could easily be counted as amongst the few important decisions that you make in your life. The way you want to live your life, who do you want to interact with, what do you want to be surrounded with, and how do you want to spend the rest of your time – everything is contingent on the physical properties of the residential or commercial/retail property that you eventually choose to invest in.

[Read more…]