Government Calls for Interest Rate Cuts for Growth of Real Estate

Government Calls for Interest Rate Cuts for Growth of Real EstateAccording to the Finance Minister, banks need to reduce their interest rate slabs for home loans in order for the sector to grow in the country

As it is seen as one of the biggest factors that can trigger growth of Indias real estate segment, Indias finance minister, Arun Jaitley has called for a reduction in interest rates, saying lower rates would trigger demand for homes in the country.

In its present state, the interest rates are a disincentive as seen by many real estate experts. And especially at a time when inflation in the country, seems to be stabilizing, a move to reduce interest rates for home loans could surely trigger much needed growth in this segment. [Read more…]

Why is this a good time to buy property in Delhi

Why is this a good time to buy property in DelhiThere is no doubt that buying a property is a single most important investment venture for salaried people and that is why it usually involves a lot of planning and determination.

When it comes to buying a house in Delhi or NCR, this might be the best time to buy a house, this is what the real estate experts feel, keeping in mind the current market scenario in the Delhi region.

As per the market reports, there are a number of pockets in and around the Delhi region where real estate price points have fallen down by over 20 per cent year-on-year, according to the National Housing Bank’s Residex index, which tracks residential property price points spread across 26 cities in India. [Read more…]

Why it makes sense to become a ‘first home buyer’ today

Why it makes sense to become a ‘first home buyer’ todayAs the saying goes – when the times get tough, it is indeed the right time for the tough to get going.

Given the fact that the India’s real estate market is going through a tough phase, the first home buyer activity in the market is quite low, but experts close to the real estate market say that this is the right time to venture out and make your first home buying deal as customers stand chance of getting pretty attractive offers in this scenario.

Today there is a set of pressing conditions such as the bank interest rates that is impacting the number of first home buyers in the market, however this is likely to change fast as the government seems to be moving in the right direction towards initiating a reduction in bank interest rates. [Read more…]

How Can You Start Your Own Neighourhood Watch

How Can You Start Your Own Neighborhood WatchAs it becomes more and more important to be more vigilant about your own neighborhood, today there are more number of people who want to actively contribute to the welfare of their neighborhoods than ever before. In continuation to our efforts in this direction Here is how you can involve yourself in a neighborhood watch activity.

Timely Meetings

Even in times of hectic smartphone activity, it is always better to be physically present and be part of social meetings. In order to create better understanding about your neighborhood watch, you can visit the homes in your neighborhood and start talking face to face with your neighbors. [Read more…]

Survey Puts Bengaluru as most India’s livable city

Bengaluru as most India’s livable cityAccording to a recent survey, Bengaluru is the most livable city in the country, which is followed by Mumbai and Chennai

There are a number of factors which contribute towards making of a wonderful city and when it comes to India, Bengaluru scores over all the other cities of the country as according to a recent survey, the city of gardens is regarded as the most livable city in India, followed by Mumbai and Chennai.

As per the Location Ratings for expatriate living conditions published by ECA International, in India, Bangalore, ranked 171st globally, scores most  favorably followed by Mumbai and Chennai both ranked 182nd. New Delhi (204) is the least livable. ECA International is a provider of knowledge, information and technology for management and assignment of employees around the world. [Read more…]

Important Guidelines for Buying Your First Home

Important Guidelines for Buying Your First HomeWith greater aspirations, come bigger dreams and as you set out to realize your dreams, buying your first home becomes a big priority today. However, as a first home buyer, there are some important issues that you need to keep in mind in order to create a bigger value for yourself while buying your first home.

The Right Budget

First things first – one of the basic requirements for starting your first home search is the availability of your budget. As a buyer, you must keep in mind the level of financial stability and affordability that you and your family can derive. Answer to some basic level questions such as, how much monthly EMI you can afford? Can provide answer to your quest for the right budget for yourself. [Read more…]

Dampness in basements: A threat to your health and home!

A threat to your health and homeDampness issues in existing basements are highly common, but every so often are not understood or appropriately treated. If the basement is hardly ever used and isolated from the living spaces upstairs, this might not be a great problem. Nevertheless, most basements are linked to the other part of the house through ductwork or other openings. Further, basements are all the time more used as living and bedroom spaces. In these circumstances, moisture problems are not only frustrating and painful, but also can lead to major health problems. Molds and mildew growing in clammy carpets and beneath wall coverings are a menace. Decorating a basement short of first dealing with the wetness problems can cause poor health conditions and lead to substantial damage as well. [Read more…]

Advantages of Investing in Commercial Real Estate

Investing in Commercial Real EstateWhen it comes to investing in real estate, people usually think about the residential side of things such as buying a flat or a house of their own – however, there is a commercial side of real estate which can offer even bigger benefits in shorter span of time frame.

As expressed by the experts in the market, if you want to make money at a faster pace, commercial real estate presents huge opportunities that deliver more to the customers than any other segment of real estate.

Categories in commercial space

So when we talk about commercial properties – there are a number of investment options, just like how it is in residential real estate. Under the commercial property, one can invest in shopping malls, shops in market places, office buildings and restaurant space. All these commercial property options, present unique investment opportunities, where customers can invest and gain more from their investments. [Read more…]

Advantages of Apartment Living

If you want both the liberty of moving to a certain extent frequently and a wide-ranging variety of comforts, you should think through the rewards of apartment living. Following are some of the chief benefits of picking an apartment to live in:

· Various features included: one of the main advantages of apartment living is the numerous amenities you get by taking an apartment complex. Health centers, business centers and security systems with Internet access are but a few amenities you get by living in an apartment. [Read more…]

Find out Why Your House Isn’t Selling?

house-for-saleIf your home sale appears to be progressing at a snail’s pace, it may be time to look at what you could be doing wrong. Speculating why your home is still inactively sitting on the market post weeks-or even months of being advertised and numerous showings? Can’t understand why your open houses are well-visited but just nothing comes of them? Or perhaps no one is visiting to your open houses at all?

Probabilities are no one’s buying because your house is not really worth what Prospective buyers are keen to pay for it. [Read more…]