Reasons to Invest in Assured Return Scheme

Assured return scheme is one of the most popular concepts in the commercial real estate market, nowadays. It is a way to encourage the investors to put their money in a commercial property. Most of us either do not have enough funds to afford a commercial project or are averse due to the risks involved. However, with assured return scheme one can enjoy the benefit of the growth of his investment along with a monthly return that starts from day 1.Reasons to Invest in Assured Return Scheme

What is an Assured return scheme:- As the name suggests, an assured return scheme is one wherein the developer pays a monthly return to the buyer based on the amount of his investment at a predetermined rate. The rates may vary from 9% to 12% according to the location, builder’s preferences and the construction stage of the property. The concept is usually popular with commercial properties such as office spaces, malls, IT parks, etc., but is gradually gaining popularity in the residential property market as well.

[Read more…]

House Hunting? Get the Right Home Loan First!

Once you are sure that this is the right time to shift from a rented apartment to your own home, a whole new set of questions start popping up in your mind. Before making that property investment, choosing the right home loan is important. Nowadays, numerous financial corporations are providing home loan facilities to the customers and these loan products are also offered in varied specifications. In the midst of a plethora of home loan options, it is hard for the customer to choose the kind of loan that best suits his risk profile.House Hunting? Get the Right Home Loan First!

Before starting the home loan hunt, you should first analyse your own risk profile. Ask yourself whether you are in a position to commit to a long term repayment process. After you have properly analysed financial condition over the next ten years, consider the following factors to choose the right home loan: [Read more…]

Skyscrapers: The Future of Indian Real Estate

After the coming of Modi led government at the center, the urbanization drive in India has regained its lost pace. Better urban planning and development of ‘100 Smart Cities’ were the two key promises made by the government. A well-developed urban skyline will not only cater to the needs of dwellers but will also attract a great deal of foreign investment. According to a report, by the year 2050, India will have more than 400 million urban dwellers and so more will be the need of residential and commercial properties.
Skyscrapers: The Future of Indian Real EstateHowever, urbanization will require more land parcels. But the paucity of available land in the urban cities of India has come forward as one of the biggest challenges in this process. And when there is no space to grow on the land, the cities will develop vertically. High rise buildings will mark the future skyline of the metropolitan cities. Several high-rise residential projects are already in the pipeline. Lodha World One in Mumbai is going to be the world’s tallest residential tower at 423 metres.
[Read more…]

Noida home buyers will finally get possession of 50k awaited flats

Good news for Noida home buyers! A final notification is on its way to resolve the matter of demarcating and securing the eco-sensitive zone around Okhla Bird Sanctuary. This issue created a major hurdle for homebuyers to get possession of their flats.

As reported by the Times of India, Noida MP Mahesh Sharma held a meeting with Environment Minister Prakash Javadekar. He made an announcement that the Center has finalized the no-construction zone at a radius of ‘100 metres’ around the Okhla Bird Sanctuary. A final notification regarding the same will be released in the next few days. [Read more…]

All You Need to Know about Investing at a Young Age

Are you thinking of making an investment but doubt that you are too young to do that? May be it’s time to give it a second thought. Real estate is one of the most preferred sectors where you can put your hard-earned money. Most of us think that we are not mature enough to make an investment. However, the younger you are while making your first investment, the more wealth you build for yourself.All You Need to Know about Investing at a Young AgeEven if you are only 27, you should start believing that the ‘old’ you is slowly creeping up. And it is only in this young age that you shoot for the stars. Though you have a lower disposable income at this age, a proper planning will surely help you achieve success.

Given below are a few points you should keep in mind before making a property investment at a young age: [Read more…]

Real Estate Bill: What’s in it for the buyers?

Real Estate Bill: What’s in it for the buyers?Recently, the Modi Government amended the Real Estate (Regulation and Development) Bill 2013. Previously, the bill was only meant to safeguard the interests of residential home buyers. However, the approved changes in the bill incline it in the favor of the buyers and investors as well as the developers and cater to industrial and commercial properties as well.

The bill brought forward the issue of contract enforceability and made it clear to the developers that if they do not honor the contracts they have entered into, they must refund the amount to the buyers along with interests and other charges. Each state will have its own real estate regulator and all the commercial and residential properties will be registered with the regulator. Unregistered properties will not be considered genuine. Nor can the developers advertise or launch projects without registration. However, real estate projects that have already been launched will be covered. [Read more…]

Reasons Why You Should Invest Your Money in Real Estate

Reasons Why You Should Invest Your Money in Real Estate Purchasing a property for residential or commercial use may be a daunting task. But if you look at it as an investment it would emerge as the best purchase that you have made in a lifetime. Real estate is one of the least risky and most lucrative options of all investments. It can emerge as a source of regular income or a high return investment.

Here are a few reasons why you should consider investing in real estate.

High ROI- Investing in real estate leads to profitable turnouts in the future. The value of property has never gone down in India, it always appreciates. You cannot be sure whether the equities or mutual funds you have invested in are going to inflate in value in the coming time. But the returns on real estate investments are always rewarding. [Read more…]

Checklist for First-Time Home Buyers

Checklist for First-Time Home BuyersBuying a home is the most important investment a person makes in his life. Besides being a major financial transaction, a property also has sentiments and pride associated with it. If you are a first-time homebuyer, a number of questions must have crossed your mind related to the price, location and type of property. But where to find the right answers?

To help you in your first property purchase, here is a checklist for you:

Know Your Needs- This is the first step in planning a property purchase. You need to be sure about what you want and need. For example, what type of house do you want- a villa or a flat. You should also have a rough idea about the size of the house you need based on your family size and lifestyle. Other factors such as a preferred location (city or suburb), configurations, possession timeline, etc. should also be given a thought. [Read more…]