How to Apply for DDA Housing Scheme 2018

The Delhi Development Authority [DDA] come-up with a housing scheme every year in order to cater the requirements of the aspiring home buyers. Similarly, this year also, the authority has opened lines for the property aspirants to fill up the application.

DDA Housing Scheme 2018

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DDA choose a widespread land piece for the construction of housing projects in multiple sizes and budget. This helps the people of every section to realize the dream of owning property in the National capital Delhi.

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7 Signs That You Are Ready to Buy Home

You must also be dreaming to be a landlord? But, the highs and lows in the financial conditions are not letting you decide about home buying. Well, the confusion in accordance to owe property is not limited to this reason. As people lose a lot of time thinking to buy or not to buy home even after having sufficient funds.

7 Signs That You Are Ready to Buy Home

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Basically, it’s all in your head. Actually, there is nothing weird about it as we have people with different perceptions around. Thus, we think about the certainty of any action while considering others opinion too. So, flush out the multiple thoughts from your mind and clam take a look at these ten signs that let you know if you are ready to buy the home or not.

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A quick guide for first time women home buyers

Are you a working women professional and planning to buy your dream home? But quite unsure about the availability of home loans, interest rates or subsidy. Then stop thinking about all this. With Government and the whole country focussing on women empowerment these days even buying a house for a working woman has become an easy task.

first time women home buyers

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Owning your own home is always a dream for every woman and today as most of the women are employed and salaried, they can easily become a home owner. Especially those women who have just started their professional career have many reasons to buy their own home. With the promise of a higher take-home pay package, lower interest rates on home loans, reduced stamp duty, and a swing of affordable housing options on offer, a women buyer has many reasons to rejoice.

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Planning to Buy your First Home in a Year’s Time? Here are Some Simple Steps

Buying first home is always a dream for everyone. Obviously one gets freedom to decorate, have big rooms and other living space etc. We know that switching from one house to another is always stressful. But when one move to his own house, then the feeling is exhilarating.

buy your first home in a year

Especially for a first time buyer, buying a home is the most important investment. Many sentiments and pride associated with it. A number of questions arise in the mind and sometimes this process lands home buyers in more panic state. [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…]

Financial Goals Every Couple Must Set

It is never too late to set new goals. If you want to understand what went wrong in the past and how to rectify your mistakes in the future, this is the right time to set up your financial goals along with your partner. Everybody has dreams and desires, and to fulfill them you need to set goals. You then have a set path along which you can go to realize these dreams and turn them into reality. Your dreams/wishes need an action plan behind them – something that spells how you can convert your dreams into something real.

Financial Goals Every Couple Must Set

Financial Goals Every Couple Must Set

This is especially important when it comes to financial goals. Since they require regular investments of money and lots of effort over a long period of time, you and your partner need a workable plan to bring them into reality. Merging finances as a couple will bear fruitful results in the near future. It is important that you as a couple have to be on the same page where your finances are concerned. One cannot be a miser while the other paints the town red.

Here are some tips which a couple can use to set their goals right so that every move is crystal clear. [Read more…]

3 Rules of Finding the Right Home

Buying a home is a huge financial decision with far-reaching implications. It is perhaps the most expensive purchase of your life and the longest-lasting one- so be careful. There are lots of rules that one can follow when home hunting and different people have different interpretations, but the simple basic rules are as follows.

3 Rules of Finding the Right Home

3 Rules of Finding the Right Home

Rule #1- Buy Neighborhood over House

The old adage- ‘What are the three most important things in real estate- Location, Location, Location’ is the right answer. But in spite of being constantly repeated, it sometimes fails s to make a mark on the memory so neighborhood is a better substitute. There are certain parameters of grading premium location. Always, find the best neighborhood you can even if it means buying less of a house. You can improve the house but it is impossible to make changes in the neighborhood and fix major problems. Get out and find for yourself- it is the best way to check a neighborhood. Check out the schools even if you don’t have kids, schools means a good neighborhood. Find out about the crime rate, the Home owners association, look at the stores the traffic and see if you can find things easily in there. [Read more…]

Home Inspection: Structural Defects You Must Not Ignore

Congrats! You are ready to buy your first home. Although you haven’t found it yet, in your mind, it’s perfect! May be used or un-used, buying home is always a dream and a homebuyer wants his home to reflect his persona. Buying a used home could add up to big savings and allow you to get a bigger piece of the dream than a brand new one. So it’s extremely important now to invest wisely and to keep few things in mind while buying used property as it might have few structural defects which can’t be ignored. There are a few things to check before finally moving in, especially related to the structure of the building.

Home Inspection: Structural Defects You Must Not Ignore

Home Inspection: Structural Defects You Must Not Ignore

Let us talk about these in some detail –

1. Check Runaway rainwater

A great philosopher truly said, “If there are 15 things that can go wrong with a house, 10 of them have to do with water”. Downspouts, Gutters, and leader pipes collect rainwater and pass it away from the house. In humid and wet regions, leaders should extend at least 5 feet from the house. Check the entire gutter system seasonally for proper pitch, corrosion, for clogs, broken fasteners, and separation between connections and where gutters meet the fascia board. [Read more…]

Home-Buying Journey: 5 Stops Where Your Train Will Halt

Buying a home is one of life’s greatest milestones, but the journey to unlocking the front door of your dream house can feel very overwhelming for many buyers. So how does one begin the process that leads to walking into their own home?

When you are financially ready to buy your first-home, you may think that you have all the information, which you have gathered online or from real estate apps, but there is more to home buying then just comparing two products. It’s a huge investment not only financially but also emotionally and it is a transaction which some people do only once in their lifetime.

Home-Buying Journey: 5 Stops Where Your Train Will Halt

Home-Buying Journey: 5 Stops Where Your Train Will Halt

Here are five stops that you will make along the journey to your new home. Before you embark on the journey of buying ask yourself these questions- [Read more…]

Benefits of Stable Housing Prices for New Homebuyers

India’s housing market has been faced by subdued homebuyers’ sentiments for the last couple of years. The good news is that the government has taken certain initiatives to boost investor’s interest by focusing on rejuvenating infrastructure and supporting large scale development of affordable housing across the country.

Benefits of Stable Housing Prices for New Homebuyers

Benefits of Stable Housing Prices for New Homebuyers

Additionally the RBI has also implemented monetary easing thrice last year and also this year by reducing base rate interest by 75 basis points. The real estate market has picked up in 2016, but there has been no phenomenal rise in prices. The prices have been stable by just a marginal rise in the market rate. This is a good time for the first time buyer to buy a home. By seeing a steady marginal rise the new home buyer can be assured that in future also his property will appreciate. [Read more…]