EVERYTHING A NEW LANDLORD NEEDS TO KNOW ABOUT THE TENANCY ACT IN INDIA
September 11, 2019
In recent times, the government has introduced a slew of reforms aimed at promoting easier investments in the real estate sector. On the tenth of July 2019, The Model Tenancy Act (also known as the draft Tenancy act), was introduced by the government to protect the interests of both landlords and tenants. The same was […]
Read MoreEverything an NRI needs to know about power of attorney for property buying
August 29, 2019
A power of attorney is a person who takes on full liability for the home-buyer they represent and is held accountable for the actions and deeds of the principal person. In India, the power of attorney is used by many property buyers to assist them with transactions involved in buying a home. This could include […]
Read MoreAll you need to know about Encumbrance Certificate in property buying
April 21, 2019
When buying property, there are a number of things you need to keep in mind before making the final decision. Among these are a set of essential documents to check if the house you are about to buy is legally clear, the level of construction completed, change of ownership and so on. In addition to […]
Read MoreAdvantages of buying a house in Bangalore
January 16, 2019
The garden city. India’s IT capital. Bangalore has many monikers and is one of India’s most well-known cities. An influx of people migrating to this city every year has done wonders for Bangalore’s real estate market – both residential and commercial segments. For home buyers or real estate investors looking to buy or invest in […]
Read MoreTop reasons to invest in Indian realty in 2019
January 9, 2019
The year gone by has shaped Indian realty to comply with numerous policies that would guarantee transparency and quality of construction to investors and home buyers. These big bang reforms have taken care of several pressing concerns and have helped boost the real estate market in our country. Experts believe 2018 was a bumper year […]
Read MoreTop tips to reduce your home loan interest rate
December 20, 2018
As adults, we look forward to settling down with our families in our own homes. Buying a property involves large capital, and this is a major concern for many. The immediate solution that one can think of is to look for top home loan options – specifically a low-interest loan from banks or other financing […]
Read MoreImpact of Rupee depreciation on real estate
November 20, 2018
Fluctuations in a currency’s value affect a country’s real estate in a number of ways – beginning with the cost of raw materials, labour and transportation to subcontracting builders, engineers and architects. But despite the Indian rupee hitting an all-time low of 74.04 against the dollar, Indian realty can still see a silver lining. A […]
Read MoreDemystifying the sale deed for home buyers
May 23, 2018
When it comes to buying a house, there are a number of details that you have to bear in mind, especially if you’re a first-time homebuyer. One among the important documents required is the sale deed. The sale deed is an important legal document that evidences the sale of a property has been made in […]
Read MoreDo’s and don’ts for buying a second home
February 21, 2018
Owning a home is on every family’s bucket list. However, buying a second home is like a cherry on the cake. You already have the experience of investing in real estate for the first-time so you can avoid all the novice mistakes you made. Nevertheless, there are a few do’s and don’ts to keep in […]
Read MoreFive reasons why you should buy a home in 2018
January 30, 2018
One New Year resolution that will have definitely crossed the minds of most people lately is buying a home. The question, however, is whether they will actually get around to it. Real estate is quickly becoming one of the best forms of investment, with almost guaranteed returns on investment. If recent trends are anything […]
Read MoreAll You Need to Know About the CLSS Scheme
December 22, 2017
The Pradhan Mantri Awas Yojana is a governmental scheme launched by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA) to address the shortage of housing options for 20 million or so slum dwellers. With the current urban growth trends, the demand for housing solutions that are affordable for low income groups will continue to […]
Read MoreAll you need to know about registering your new property
November 17, 2017
Finally becoming a home-owner is a proud moment for many. After being a tenant all your life, putting your hard-earned money into a slice of property you can call your own is truly a memorable moment. However, the actual purchase of your property isn’t the final step of the process. Unless you register your new […]
Read MoreA guide to paying property tax in Chennai
October 25, 2017
When you are investing in real estate, there are many taxes and duties potential homeowners are obliged to consider before they take the leap. However, once the deal is finalised and you have been transformed into a proud property owner, there is a recurring tax amount which needs to be paid to the government of […]
Read MoreHow to use the Provident Fund to finance a home purchase
June 29, 2017
Buying a house is on every family’s checklist. Whether you are planning to live in it and create memories or rent it out and reap the benefits, investing in real estate is a dream for every Indian citizen. Since more than 70% of Indians contribute to the working population of India, the central government has […]
Read MoreEverything you Need to Know about the RERA Bill
May 19, 2017
The Real Estate Regulatory Authority (RERA) Bill was passed in March 2016 with the main objective of modulating the Real Estate segment of the nation and increasing transparency in transactions for both property developers and home buyers. As the real estate sector has grown multifold in the recent years, the Government of India observed a […]
Read MoreWhy it is Beneficial to invest in Real Estate from a Young Age?
March 10, 2017
Many people invest in real estate in their 40s and 50s. However, the times are changing now. Young people – especially, the ones in their 20s – are investing in real estate these days. Real estate is one of the most profitable long-term investments that one can make. With a broad range of real […]
Read MoreMandatory Documents NRIs Need While Investing in Indian Realty
December 5, 2016
These days, norms governing Non-Resident Indian (NRI) real estate investments in Indian realty have been eased. Therefore, more and more NRI investors are showing interest in Indian real estate investments. However as an NRI, to ensure that everything related to your real estate investment is in place you need to know about property documentation. […]
Read MoreDos and Don’ts for NRIs investing in Indian realty
September 18, 2016
The realty market in India has always seen interest from the NRIs. With real estate developers focusing on NRI investors, they can now choose from an array of options in both residential and commercial segments. If you are an NRI looking to make an invest, read to know some of the points you need to […]
Read MoreTop Money-Saving Tips for Your Home
September 10, 2016
We will always have something to spend money on. Don’t you agree? From water to electricity bills, from furniture to grocery, our necessary expenses are never-ending. If you think that budgeting and saving money on these necessary expenses is hard, read our top money-saving tips. 1. When not in use, unplug the electrical appliances According […]
Read MoreVillas vs. Apartments: What’s your type?
June 30, 2016
If you are planning to buy a new home, the first thing that ponders in your mind would be: villa or a flat in an apartment complex. By all odds, buying a home either for living or as an investment is one of the largest expenses that you will be making. For this sole reason, […]
Read More9 ways to make your home environment-friendly
February 13, 2016
With rising temperatures and global warming, it has become a norm to be more eco-friendly. Small steps taken by us in this direction can create a huge difference. Here are 9 ways to make your home environment-friendly: 1. Use CFL/LED bulbs and other energy efficient products Replace all old bulbs and lights with […]
Read More10 Things to check before you buy a property
January 18, 2016
Buying a piece of land or a flat is a cherished dream for many. Real estate is one of the biggest investment you make in a lifetime and you need to do your homework before you take the plunge. Here is a guide on 10 things to check before you buy a property. About […]
Read MoreTop CBSE schools in Chennai
November 25, 2015
Chennai boasts of some of the best schools in the county and it is no different when it comes to the CBSE curriculum. There are numerous schools mushrooming in the city every year. So if you are confused about which school you should put your child in, following is a list of top ranked CBSE […]
Read MoreWhy OMR is the best place to own your Home
October 30, 2015
Chennai has been expanding rapidly and residential property prices in Chennai have escalated the fastest among the cities in India, witnessing an appreciation of almost three times of what they were in 2007. Traditionally, buyers in Chennai have been hesitant to move to the suburbs, however in the recent times areas like Old Mahabalipuram Road […]
Read MoreThe Complete Glossary of Real Estate Terms
October 5, 2015
There are many abbreviations used in real estate industry. Here’s our comprehensive real estate glossary to help you understand the real estate jargons well. A Absorption The number of months it would take to sell the currently listed homes in the market. The amount of inventory or units of a specific commercial property type that […]
Read MoreWhy Oragadam is an excellent investment destination
July 24, 2015
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s wealth. “ – Robert Kiyosaki Chennai has emerged as one of the top 12 realty destinations in the world1. This has been accompanied by a surge in demand for real estate properties in and around Chennai. Investment success […]
Read MoreHow to start investing in real estate at a young age
July 8, 2015
Investing in real estate for most young people sounds like an old man’s game. That partially explains the trend to wait until the forties or fifties to start investing in real estate. The other explanation can be attributed to the perception that you need to learn swimming (read garner experience) before you jump into the sea. This […]
Read MoreHigh-Rise Vs Low-Rise Apartments
June 5, 2015
Once you decide to buy a new apartment, you will also have to decide on whether you would prefer staying in a high-rise or low-rise building. High rise homes are the sky scrapers which are built tall and are raised beyond four floors. Low rise homes, on the other hand, are generally ones that span […]
Read MoreTips To Ensure Timely Possession Of Your Property
May 12, 2015
Home buying is one of the biggest emotional and financial decisions that a person ever makes and a great deal of thinking and planning goes into this decision-making. Apart the usual factors taken into consideration while buying an under-construction residential property, timely possession of the desired project is of utmost importance. Delayed delivery of residential […]
Read MoreResidential Or Commercial Real Estate – Which Is The Better Investment Option
May 12, 2015
The world of property investments opens its doors to buyers looking for options with great returns and calculated risks. However, most of them are confused about deciding between a residential and commercial real estate investment. While there is no one choice that fits everyone’s needs, it is important to weigh the pros and cons of […]
Read MoreReal Estate Vs Gold – Why Real Estate Wins
May 12, 2015
‘An investment in knowledge pays the best interest’, a famous quote by Benjamin Franklin beautifully explains why it is important to do thorough research or carefully understand the investment options in hand, before making a decision. In India, traditionally gold and real estate have been two primary investment options for best returns. However, choosing between […]
Read MoreThe Owning Vs Renting Debate Analyzed
March 25, 2015
Buying a house is a matter of pride in every Indian household. There’s a lot of sentiment attached to it and it also is a big factor influencing one’s social status in the neighborhood. However, real estate prices have over the years seen an upward spike and so have interest rates on loans. This has […]
Read MoreA Quick Guide For Effective Online Property Search
February 5, 2015
Gone are the days when we depended solely on a broker, family friend, newspapers or the street-end tea shop owner to identify and shortlist real estate properties to buy. The internet has simplified our lives in a myriad ways and this applies to the home search process as well. When it comes to using the […]
Read More