Blog

Nov 6

Things to keep in mind while buying an Apartment

As you know, people are just moving to cities like Chennai in search of the job, after getting the job, they want to get settled over there. And the real estate market is one of the booming industry in India and people want to make an investment in real estate. Many apartments and flats are coming up, but still, people find it difficult in finding a house to live in. People are facing this kind of problems when they search for a home and let’s share few things which you should keep in mind when you buy an apartment.

Nowadays, people don’t need a home which is just a place for shelter. They look beyond that and they require a new lifestyle in their home. They need a home which should be a better place to take a rest after a hard day of work and they require a peaceful environment to spend some quality time with their family. They will look for a lot when buying a home.

Here, let’s discuss few things which help you to choose an ideal home!

Analyze Your Needs

Analyzing your need is the very important thing when you decide to buy an apartment. You need to make a list of all your requirements and you need to decide a few things:

Location

The location of your house is very important and it decides a lot of things. You should consider connectivity, proximity, pollution level, traffic and even the crime rate in that location. And these are the important factors which you need to look when finding your home. The important factors which decide the location are as follows-

Proximity

People always prefer a location which has a better commuting distance since they don’t like to spend several hours of commuting to work. And for the one who is staying with families, they always prefer a home which is close to their working area. Don’t ever rush to buy a home instead find a better home taking enough time.

Connectivity

You need to choose a location which has good access to schools, colleges, hospitals, shopping malls, bus stations etc. And people prefer only gated community apartments and they are provided with all the amenities like a coffee shop, gym and grocery shop inside their complex. Even you should have a great ambience in the locality where you have decided to buy homes. And you should look for the safety also, check whether there are enough people around even after a certain time to ensure the safety of the women in your home.

 2. Budget

Decide your budget well. You should get affected by buying something beyond your capability. Some people think buying a home in the posh area will always be expensive. But, actually, you will spend way more in commute so it’s always better to pay some little extra money when buying your home.

3. Basic requirements

As you know, a home should always have a proper ventilation and everyone will expect this when they decide to buy a home. And then, it should have windows, enough rooms and much more. Make sure that your home has the following things:

  • Required plug points in each room
  • A good wall painting
  • Outlets
  • Place for clothes to dry
  • Power backup
  • Storage space
  • Parking space
  • Windows
  • Steadiness of water
  • Steadiness of Power supply

 

You are supposed to check the all these factors in that particular locality.

4. Amenities

Nowadays, the apartments are provided with Gated community along with a clubhouse, gym, jogging track, tennis court, play area, coffee shop, swimming pool and much more. These apartments are priced at a higher price since they provide all these amenities. As you know, the crime rates are rising every day and the city is getting polluted. This is the reason why people prefer gated community and they look for the apartments with good landscapes, amenities, and safety etc.

5. Choose the “better home”

After you decide a particular home, don’t get stuck at some point, decide everything well once you finalize. And there are many apartments and flats for sale where you can find all these features. There is no need to hesitate when you decide to buy a home. We wish you a good luck!

 

flats-for-sale

Nov 4

How to determine the market value for your home?

As you know, finding a suitable buyer for your property is not easy when you fix an appropriate price in the market. And the value of your home is based on various factors when compared with the market price. You can approach in many ways to find the market value of a property. Let’s discuss a few methods to determine the market value of your property.

Guidelines by the Government

The Government has fixed a certain value for a property based on the particular locality. And you can find all the information and guidelines on the State Government website. If you want to register a property, you can find the value of the property according to street names and survey number. So, you can able to calculate the value of your property easily with these specified rates.

Make a comparison

You’re supposed to make a comparison with other properties because your property may have some similarities in terms of location, size, and other specifications. And you can able to find the value of a property by recognizing the other one and it will be closely related. It will slightly get varied based on the such as the number of rooms, square feet, and other facilities etc.

Value for amenities

Actually, the value of your home is estimated based on the amenities too. The price asked by the buyers will be favourable to them if your property has amenities matches the buyer’s expectations. If you own attractive amenities in your property like the fitness centre, swimming pool, tennis court and much more then, it will give you good returns. So, your property’s market value will be based on the amenities which you provide.

Real estate portal

There are many real estate portals where you can get assistance for real estate transactions and this portal will provide all this information and it will be precise since it is identified through multiple sources. They also follow few standards for evaluating the property value and it is verified by the concerned authorities.

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This is another important method and this will give a detailed and clear picture about the rate at which properties are available in the market. Even you can track the prices of properties that are being advertised and you will get notified when they are being sold.

Reputed real estate firms

There are many real estate developers who can provide you with the accurate determination of the property value. They even help you to appraise the value of your property once it is taken into account like location, size, number of rooms. So, this will give a clear picture of your property and how much you can expect in the market.

Long-term resident

Actually, the value of your property is based on the location of your property. Even your neighbours can able to identify the value of your property. It is better to have a discussion with the neighbours to gain from their experience.

And these are the methods which help you to calculate the market value of your property and you can able to identify the value after identifying all these factors in your property. Always make sure you deal only with the registered agents and you need to ask for second opinions to get the accurate value as much as possible. And there are many flats for sale with a good value which can yield a good return on investment. Just buy one and enjoy living!

flats-in-chennai

Nov 4

Tips for healthy apartment living

As you know, having a healthy living is more important than earning money. Because, only if you have a healthy living, you can work and earn more. Keep yourself healthy to lead a long life and you need to make few efforts to stay healthy like changing your food habits, doing little exercises, relax yourself to relieve stress, spend quality time with family, enjoy your time with friends and much more. You should not only concentrate on these things, make sure that you live in a good locality and it’s really important because many apartments are flooded with water and people are prone to many diseases and they are facing numerous problems. There are many flats and apartments in Chennai with various amenities, but even they do have all these problems.

If you select a good locality, then it won’t be a problem and you can enjoy all those amenities like clubhouse, gym, jogging track, swimming pool, tennis court etc. And this will help you to increase all your physical activity. It’s time to consider all these aspects to have a healthy living. Here, we’ll discuss a few tips to have a healthy living in an apartment.

Ventilation

Being in an apartment, many people find it hard to have a proper ventilation. But, it is actually necessary to have a good ventilation facility. But, make sure that your apartment is having a good air circulation of air inside because the lack of air circulation will cause suffocation and even it may lead to many health issues.

Windows

Many apartments are constructed without windows for security issues, but actually, lack of windows causes so many problems. So, you should consider this too. Having a window will have more benefits than you can think of. It will provide fresh air and sunlight to enter your home. Even it helps you to save electricity and provides a good air circulation. If you get natural air and light, then it will make you feel refreshed and it brings in positivity. It enhances your interior and exterior look of your apartment.

Pest- Free Home

Make your home pest free to avoid diseases like Dengue. It is not so easy to have a pest free home, but if you do this, you will have a healthy home. Don’t ever allow unwanted water to stay in your home and try to eliminate it as soon as possible because this is the root cause in encouraging the growth of mosquitoes. So, have a pest free home to avoid these issues.

Exhaust Fans

Always have an exhaust fan in your kitchen and bathroom. It is really essential to clean the moisture and the odour, if not it encourages the growth of germs which will cause allergies.  If you install exhaust fans in the kitchen and bathroom, it will be free from odour, moisture, and germs.

Use LED

You can use LED bulbs which are eco-friendly and it helps to save your electricity bill. Even it lasts for the longer duration. And it doesn’t generate heat like ordinary bulbs, using these LED bulbs will help you in many ways!

Have a Garden

People love to have a garden in their apartment and it is actually easy, but you need to spend some time.  Having a plant in your home will always promote healthy living since it provides fresh oxygen. It even helps to make your apartment cool. So, try to have a plant to have a healthy living.

Disposal of water

If you don’t dispose of your waste and sewage properly, it invites flies and cockroaches inside your apartment and it spread diseases like diarrhoea. Even it causes pollution and it will affect not only you and others in your environment. Try to dispose of your garbage properly to avoid health issues.

Good Sewage System

Always maintain a proper sewage system and make sure that there is no leakage. Improper maintenance of sewage system causes viral growth and it affects your neighbours as well.

Hope, you have got a few tips to have a healthy living in your apartment. As you know, there are so many people who suffer from many health problems in their apartments due to many problems over there. And even the diseases are increasing every day. Be wise in choosing the right apartment in Chennai since there are many flats in Chennai where people are suffering a lot. So, ensure all these things at your apartment.

 

apartments-for-sale

Nov 1

Is it the right time to invest in Real Estate?

As you know, after the agriculture industry the real estate industry is having a huge scope in India. And the real estate industry is having a huge demand like never before and people wish to make their investment in real estate. And the people buy a property of their choice in a place where they like to invest. There is so much flexibility in the real estate like customer-friendly banks, foreign funds and much more and this helps in increasing the purchasing power.

A huge transformation

In the Real Estate Sector, there are many transformations by making everything digital like computerization of property records, rectifications in taxation structure, elimination of tenancy laws, etc., This made the real estate sector to be more profitable destinations for people. So, there are so many opportunities for the developers, builders, and investors these days.

Opportunities for NRIs

The Real Estate Investment in India is becoming incredible. It even provides an opportunity for the people called Non-Resident Indians (NRIs). The Indian Government has provided permission to the NRIs to make the investment in the Housing Sector.

Types of Investment

In India, the Real Estate Investment has been divided into two segments:

Residential space

The Residential space is a land which is used predominantly for constructing houses. Actually, 80% of that includes the residential space

Commercial space

The Commercial space is for business and 20% of that is occupied by the shops, hotels, shopping malls and hospitals

Current situation of Real Estate in India

Now, the Real Estate Sector in India is having a huge demand and scope and even in the future. If you make an Investment in Real Estate, either it may be residential or commercial. But, it will be a good investment and it will provide a higher return on investment. People can now invest in Real Estate, without any fear and hesitation and there are many apartments for sale and this is the right time to invest in Real Estate Sector.

It is now clear that investing in real estate has plenty of opportunities and it is not more complicated like investing in stocks. And it has a never-ending demand, both for the people and the developers or builders. The risk involved here is very less when compared to the other investments and this is a booming period to invest in Indian real estate industry and it is witnessing many developments and growth.