The Festive season has marked its entry and developers are already wooing the home buyers by offering various freebies and attractive offers. Perhaps, this is the best season, when several homebuyers look to invest in property. However, there are certain things property buyers must know beforehand. One of the important factors among all is the hidden cost.
Here is a reason to smile for those owning a second home or looking to invest in property. As, the new word spreading in the property market is Corporate Housing. This offers you a chance to earn good returns in terms of rent and also keeps your property in a well-maintained condition. So, scroll down the page and learn about the concept and benefits of Corporate Housing:
Owning a residential property in a preferred location and in a budget-friendly manner is a dream come true for every home buyer. Unfortunately, it is not possible for every aspiring homeowner to achieve. Thus the issue of raising margin money alias token money is the hardest question in life and today in this blog post we help you know all tips to raise margin money for purchasing a property. So, scroll down the page and learn about the smart and easy tips to accumulate margin money to commence the home buying procedure:
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.
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.
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.
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…]
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.
However, 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…]
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…]
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.Even 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.
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…]
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…]