How ‘Home buying’ Differs From ‘Investing’?

The Indian economy is showing an upward trend with a pro-active government at the center. Moreover, expectations have risen with demonetization which makes this the right time to buy a property. Buying property nowadays is quite different from what it used to be. Before the economic slowdown, one could be sure that the property could fetch a good dividend in a short span of time. Real estate was looked upon as a lucrative investment opportunity. But today, homebuyers are in doubt as to what they should do; wait for the prices to fall or not. Pre-requisites differ when you are investing in real estate than when you are buying a home forresidential purpose.

How ‘Home buying’ Differs From ‘Investing’?

How ‘Home buying’ Differs From ‘Investing’?

So, are you an investor or an end user?

The difference between the two is that the first is looking for returns on investment and he is backed with a certain amount of a risk appetite. An investor looking for returns is ready to gamble on his assessment of the current and future market conditions and is also invested in other instruments such as stocks and bonds. [Read more…]

Property Management Services: A Booming Sister-Segment of Indian Real Estate 

Since India is growing by leaps and bounds in the real estate sector, property management in India is gaining prominence. Property management is a booming business. These services do all your work and look after your assets, right from maintenance, renting, regular payment of taxes, insurance premiums and utility bills.

Property Management Services: A Booming Sister-Segment of Indian Real Estate 

Property Management Services: A Booming Sister-Segment of Indian Real Estate

With the continued migration of residents, both within the country and abroad, investors in real estate have been finding it difficult to manage properties during their absence. You can rely on your friends or relatives, besides this there are no options. But times are changing and so is the outlook of Indians. One area that has really caught the attention of foreign companies involved in property management is the tremendous potential in Tier I and Tier-II cities. [Read more…]

UP CM Gives Green Signal to Jewar International Airport

Jewar International Airport in Greater Noida is a much awaited project for the entire National Capital Region (NCR). Over the years, it has gone through several regulatory approvals, jumping through hoops one by one.

UP CM Gives Green Signal to Jewar International Airport

UP CM Gives Green Signal to Jewar International Airport

Recently, the Jewar Airport project was revived by UP CM Yogi Adityanath. He gave it a green signal and instructed concerned officials to accelerate the process of getting approvals so that the construction work can start at the earliest. In July 2016, the Union government had sought an Obstacle Limitation Survey (OLS) of the airport site at Jewar from the state government. But the state is yet to send that report to the civil aviation ministry. CM also directed the officials to coordinate with civil aviation ministry soon. [Read more…]

Jhoolas: The Essence of an Indian Living Room

Jhoolas or swings have traditionally been part of many ancestral Indian homes. Indian style interior design is amongst the most exotic, interesting and complex décor styles to work with. Traditionally Indian pieces such as the swing- ‘Jhoola’ can bring a playful and decadent vibe to your living room space.

India is known for its vibrant styles of decoration. Putting up a swing / Jhoola gives an Indian essence to the living room. These Jhoolas can be made of wood, cane or metal. Bold fabrics on these swings give a distinct look to the living room and are really enjoyable.

Jhoolas: The Essence of an Indian Living Room

Jhoolas: The Essence of an Indian Living Room

Dating back to various generations, swings have been a part of our culture and interiors always. When you step into a south Indian home, you will find a traditional Jhoola which is usually a bamboo swing. Rajasthani homes will generally have a Jhoola with bold florals and will be suspended from ceiling with neat cuffs to match the traditional Indian architecture. [Read more…]

Getting Property Insurance Could Mean Cheaper Home Loans 

In India, Home or property insurance is a popular banking product. Being secure is better that being sorry- the essential theory behind the concept of insurance.

After the Monetary policy review on February 8, The Reserve Bank of India, (RBI), left the repo rate unchanged at 6.25 percent. Finance Minister Arun Jaitley too conceded to the RBI’s decision. Now, developers and prospective buyers are waiting for the Central bank to cut key rates in the next policy review in April.

Getting Property Insurance Could Mean Cheaper Home Loans 

Getting Property Insurance Could Mean Cheaper Home Loans

According to media reports, the national Housing Bank (NBH), along with the Indian Institute of Insurance is working to build a frame work that could make cost of home loans cheaper by 50 basis points, if the borrower opts for property insurance. [Read more…]

Mumbai to Get Two New Metro Corridors

Prime Minister Narendra Modi laid the foundation stone of Metro 2B and 4 on 10th Dec in Mumbai. They did this before the Mumbai civic Elections that were held on 21st Feb. The BJP won the civic polls and have planned to improve the infrastructure and connectivity further in Mumbai.

Mumbai to Get Two New Metro Corridors

Mumbai to Get Two New Metro Corridors

This Metro 2B corridor project between DN Nagar and Mankhurd will have 22 stations in between and will cover 23.5 km. The project is worth around Rs. 10,986 crores. The second Rs. 14,549 crore metro 4 corridor will lie between Wadala and Kasarvadardi in Thane, is the longest corridor in MMR and will cover 32 stations covering 32km. [Read more…]

6 Trends That Will Rule Indian Real Estate In 2017

Year 2017 is set to define Indian Realty. Few game changing policies like RERA and GST are likely to be fully implemented and the benefits will be visible. Also, the demonetization drive created ripples in the short term for the already reeling realty sector. Some of the trends that are likely to define real estate in 2017 include-

6 Trends That Will Rule Indian Real Estate In 2017

6 Trends That Will Rule Indian Real Estate In 2017

1- Sector to see major consolidation

Realty sector is heading towards a major consolidation activity during 2017. The small developers who follow unscrupulous activities will either become a thing of the past or will merge with the bigger fish, so that the end result is transparency and efficiency. In the wake of several game changers including RERA , Benami Properties act etc., smaller players will find it extremely difficult to function and survive without a benefactor. [Read more…]

Knight Frank Wealth Report: 5% of World’s Ultra-High Net Worth Individuals Live in India

India is expected to account for 5% of total Ultra High Net Worth Individuals [UHNWIs] in the world by 2025. According to Knight Frank wealth report-2016, the country’s share in the total number of billionaires is expected to rise to 6% by 2025. The UHNWI count over a period of time has also risen. This report also states that India ranks third in the projected absolute increase in UHNWI population, over the next ten years. They will top over China with the U.S topping the list.

Knight Frank Wealth Report: 5% of World's Ultra-High Net Worth Individuals Live in India

Knight Frank Wealth Report: 5% of World’s Ultra-High Net Worth Individuals Live in India

At present India has around 2% of the world’s millionaires and 5% of the world’s billionaires. The number of super-rich Indians grew the sixth fastest in the world between 2015 and 2016, this was the in the latest report by Knight Frank, a global property consultant. [Read more…]

Beach House Investment: Financials That It Entails

Weekend homes also called as second homes or vacation homes are currently an oasis of market activity in India’s real estate sector. The trend that is really catching on, nowadays, is investing in a property near the beach—your very own beach home that is also a source of regular cash flow. A beach home should be ideally bought after one’s primary home is secured. If the first home is debt free and one has sufficient reserves, then investing in a bungalow on the beach makes perfect sense.

Beach House Investment: Financials That It Entails

Beach House Investment: Financials That It Entails

Buying a beach home can be a good investment providing you with a regular source of income in the form of rent and also a place for spending vacation on the beach free of cost whenever you desire. Many real estate investors find a beach home in an area which is highly visited and with a high rental demand. The investor can make ample money to cover the expenses for the year. It gives an added benefit to the owner who can use it for free during the slack season. [Read more…]

How to ‘Mix & Match’ Old Artworks and Antiques in a Modern Theme Décor

One of the biggest misconceptions about interior design is that a room has to be a particular style, either vintage or modern or contemporary or antique. But in reality rooms filled with a mix of old and new pieces are often the most livable. Get a little innovative and you will be successful in marrying the old and the new, with a wee bit of imagination and experimentation.

How to ‘Mix & Match’ Old Artworks and Antiques in a Modern Theme Décor

How to ‘Mix & Match’ Old Artworks and Antiques in a Modern Theme Décor

Match the old and the new-

Marrying your old furniture with new contemporary pieces looks really attractive if done properly. How about using an assortment of old chairs around your contemporary table or placing a modern lamp on an old antique side table? This contrast of old and new draws attention to the individuality of each piece. And yes, vintage look gives that aged lived-in quality and warmth that new items don’t. [Read more…]