Real Estate in Bangalore - Should You Invest?

Bangalore is a growing city where thousands flock every year in search of jobs. After the initial period of struggle most people look for investment opportunities. Real estate is one of the biggest sectors for investment in India and Bangalore is no different. Builders are trying to seize every free space in and around the city to meet the demand for housing. Areas which were unexplored in the past like Whitefield are now being brought in the net of residential areas because of the booming software and IT sector. Other upcoming areas for real estate Bangalore development are Marathahalli, Sarjapur and Yelahanka New Town.

Amenities Provided in Residential Complexes

Most residential complexes are being developed in community styles which include a departmental store, swimming pools for relaxation and lots of open space. Security and other basic necessities have been taken care of in these apartments. Builders are aiming to provide holistic living for all residents. The apartments are built in an aesthetic way and interior decorators are consulted for furnishing the apartments. Each complex houses apartments in a gamut of styles- 2/3/4 BHK, penthouses, duplex, condominiums etc. Some builders are also constructing villas and bungalows. People prefer to buy apartments in residential communities rather than stand-alone buildings because of the amenities offered.

Cost of an Apartment and Financing Options

Property prices in Bangalore are increasing by leaps and bounds. Most places have per square feet price above Rs 3,500. Even though property prices are shooting through roofs, various schemes for housing finance and loans are also available to ease the burden off the buyer’s shoulders. LIC, Axis Bank and HDFC offer loans to house hunters. Some other public sector banks like SBI and IDBI are also interested in lending money to buyers. Therefore, people interested to invest in property will not have any trouble in finding a financer.

By investing in an apartment, owners are also creating a channel for earning a handsome amount. Rental rates for apartments are rising at an alarming rate. For places like Indiranagar and Whitefield, 2BHK apartments are fetching above Rs. 15,000 in rent every month. Therefore, once your apartment has been furnished, you can rent it out on contracts valid for 11-months and earn a fat wad of money. This money can then be used to pay the EMIon the housing loan taken out to buy the apartment. If the amount of rent has been settled smartly, then it would generate some amount as profit even after the EMI has been paid.

Online Classifieds to Help Investment in Real Estate

As a reader if you are convinced, then you would be glad to know that online real estate classifieds in Bangalore lists properties up for rent or sale from different parts of the city. Buyers can filter the search results according to their budget, area-wise preference and style of apartment that they want to buy. There are many websites where real estate Bangalore buyers can meet sellers conveniently, without paying any brokerage or commission. Both parties would be saving a lot of money and at the same time get the best out deal.

Simple Decorating Tips for The Household

Clean and Comfortable Look: If you’re fond of the low maintenance décor of a house, simple contemporary interior decoration styles are very much in trend. The simple or no-fuss look can be appealing in its own way that is neat, doesn’t accumulate dirt and dust too soon, and survive over a longer period of time. When it comes to choosing upholstery for the contemporary décor, never go for anything too ornate. Having kids or pets at home can take a toll on Mumbai Home & Lifestyle décor and maintenance. Thus opting for dining table covers that don’t hang too long only to be tugged at by your pet or child isn’t favourable. Same applied to couches and chairs. Leather upholstery needs to be maintained with care and could undergo wear and tear too soon with spills or scratches caused by pet paws.

Curtains: When it comes to keeping simple, draperies should not reach the floor and cause tripping or pose to be a hazard when tugged at. Instead simple shorter curtains or roman blinds usually made out of reed or bamboo serve to be a great alternative. They can be cleaned regularly and pose to be less of a hassle.

Walls: Maintaining walls when you have kids and pets around can be really difficult. Paw prints, touching with dirty hands, drawing and scribbling on the walls, one simply can’t avoid it. This is where washable paints are a must. Wallpapers too can be a good idea which you can opt to change over a period of time after it seems sufficiently worn out. There are various kinds of paints and finishes available these days in the market such as satin, velvet, semi-gloss etc. that can be cleaned from time to time simply using a damp sponge or cloth. Don’t spend a fortune on painting walls in something that eventually turns out to become a canvas for your kid’s crayon scribbling.

Rugs and Carpets: When opting for low maintenance decors, rugs and carpets may not always be the best idea. However, they do tend to transform the appearance and ambience of any room when spread out on the floor can look pretty effortless. Inexpensive rugs can be replaced from time to time and can be a preferred option. While choosing the material of a rug or carpet, all-wool rugs are a good option that are known to resist stains and have a longer durability.

Storage: This is an essential element in any household and a lot depends on the storage capacity for the de-cluttered look. Clever storage ideas such as under the staircase bookshelves or wardrobes etc. can be planned out in order to make the maximum usage of space available in the home. Lift up storage under the window, cosy reading nooks on the window with attached book shelves etc. make great storage ideas.

Online solutions: Looking for an interior decorator or household décor items? Internet has the best of online classified solutions based on individual requirements. Post classifieds for free classifieds based on your location such as household in Mumbai classifieds or Bangalore interior decorators and meet prospective sellers and buyers through this online platform.

Growing Demand For Guest Houses and Serviced Apartments in Delhi

Why Choose Guest Houses Over Hotels: Guest houses today provide a different picture altogether. Unlike what people earlier experienced, ranging from dirty linens, poorly maintained rooms and bad services, guest houses have improved in standard over the years. While rates for guest houses continue to remain affordable, the quality has made great progress which is why more and more people of late are opting for guest houses. Guest houses provide the comfort and ambience of a home and are far from being too unnecessarily ornate. Service apartments too are a concept similar to guest houses but are a short term renting of an apartment. Instead of renting a room, service apartments include a whole apartment and many people prefer to opt for such apartments too. The advantage of choosing service apartments is that one can stay with a whole family with the required privacy and also cook one’s own meals as per the convenience.

Growing Popularity and Demand for Guest Houses in Delhi: Places in and around Delhi NCR, such as Gurgaon, Noida, Greater Noida, Noida extension etc. are in high demand for rented service apartments and guest houses. Being an IT hub of the capital city, many working professionals who come to the city for short visits find the need for places to stay. Considering the expensive costs of high-end hotels, people prefer short term rest places like guest houses and apartments for those who come with their family.

Rent out Your Apartment: One of the reasons why real estate in Delhi has been booming over the past few years is owing to the demand for residential apartments as well as short term residential places such as guest houses and service apartments. Short term renting is a lucrative and convenient option for many homeowners who feel that they might need their apartment in the near future. Renting it out for a smaller period of time ensures a good income without engaging into long term legal hassles. Those interested in serious business also prefer to invest their homes as a guest house putting it to greater use for returns on their investment.

Online Search for Service Apartments and Guest Houses: If you’re looking for guesthouses or service apartments in and around Delhi, classifieds are the perfect place for you. The same applies to those wishing to rent out their apartments for this purpose and looking for ways to advertise their place. Quikr.com, an online portal is the ideal place for classifieds, buyers and sellers of all sorts who want to carry out their transactions through direct contact avoiding all hassles and involvement of middlemen and brokers. Sign up on the website; search for Guest house in Delhi or Service Apartments in Delhi and you shall come across search results that can be filtered according to your needs and preferences. A convenient and easy to use online platform, this web based community has gained immense popularity over the last few years used by and known to people all over the country.

Buying An Apartment in The National Capital Region

New Delhi is the most expensive city to reside in India. Property prices within the boundaries of the city are so high that they are beyond the reach of common people. Affordable housing is available in the outskirts of the city or towards the fringes of the national capital region like Noida and Gurgaon. In fact, housing options in Noida have also become limited which has made Greater Noida a viable choice for buying an apartment.

Why is Housing so Expensive?

In terms of ranking by per capita income, residents of the NCR have been given the top slot. This is mainly because New Delhi is the capital of the country and a plethora of activities go on in the city. Software exports, tourism and manufacturing activities are high, which has led to rapid increase in the per capita income. The higher per capita income has made prices of commodities, including housing, largely inflated.

People who already have a permanent roof over their heads want sound options for investment. In India, real estate is one of the most stable instruments one can invest in, apart from gold. Hence, people turn to it when they have some money to spare. The demand for flats and houses is very high, primarily because of the burgeoning population and rise in income. Most people want to benefit from the ever rising prices of housing. They buy an apartment when it is under construction at a low rate and then sell it once the house has been constructed and its value has increased manifold. This sort of demand for housing is termed as speculative demand, where people buy an item speculating its value would go up.

The costs of construction materials have gone up by 30 per cent and so have the amounts that need to be paid to get relevant clearances from housing boards. These factors too have pushed up the cost of apartments in the city. Even though the sales have gone down, builders are not slashing prices. Instead they are putting in effort to keep prices artificially inflated by putting up boards that say “Sold Out” right after construction begins to put prospective buyers in a mode of frenzy.
Areas which Offer Affordable Housing

Because of speculative demand regarding housing options, housing has become unaffordable for the middle class. Areas which are much away from the centre of the city offer affordable housing to the working class. Apartment complexes in MayurVihar, Noida and Greater Noida offer affordable housing under Rs. 1 crore.

Chhattarpur, Badarpur and MayurVihar Phase III offer housing options under Rs. 1 crore.

To stay in residential areas of the city like Janakpuri, Pitampura and Chitranjan Park (CR Park), one would have to shell out more than Rs. 1 crore for an apartment. For a 3 BHK flats for sale Delhi in CR Park, one would have to pay close to Rs. 2.5 crore.

Finding the Right House for You

Buying the right house is not as simple as it looks. The area in which one is thinking of buying an apartment needs to be assessed well. The connectivity of the place and infrastructure available are some of the things to consider. With online, interested buyers can find classifieds for cheap flats for sale in Delhi. The size of the apartment, the area and the price quoted for it are available on every advertisement. Buyers can also filter lists according to their preferences for furnishing and locality.

The Real Estate Scenario in Indian Metros

Property in Delhi: In the past few years, there have been a number of foreign investments made in Delhi for commercial establishments which has helped open up new avenues for the real estate market in Delhi. Many multinational companies that have come in on the commercial properties of Delhi have helped create greater employment opportunities and consequently demand for residential space in and around the area has also increased by about 10 fold. People not only from Delhi but all parts of the country have contributed to this increased demand as job opportunities have led them to migrate to Delhi. Families who already own property around Delhi have viewed this as an opportunity to let go of their 9-5 routine jobs and use their property investments for some returns through renting out of office space, PG accommodations etc. On the other hand, lower and middle income group families for whom it had been difficult to purchase homes and flats for all these years are finding affordable housing projects coming up for them to invest in.

Investors in Mumbai: For those looking for opportunities to make new investments in flat Mumbai, the suburbs continue to come up with newer residential projects since the past few years. The skyrocketing prices of apartments and residential property both in central Mumbai and its suburbs have made it possible only for the high income group families to invest in the city. However, projects around Navi Mumbai have come up with many comparatively cheaper and affordable housing projects that have caused Navi Mumbai to flourish considerably. However, in the next few years, Navi Mumbai too shall see its share of price appreciation. Investments made here can be a promising venture for good returns in the future.PG accommodations Mumbai have also become quite popular.

Apartments in Mumbai

Apartment buying in Bangalore: If Delhi has made good progress in the IT sector, Bangalore is not far behind. Bangalore too has migrants from all over the country owing the development of the IT sector. The rise and demand for property in Bangalore is not restricted to the central city alone but extends to its suburbs as well. The following real estate hotspots: Bommanahalli, Electronic City, Begur Road and Hosur have numerous upcoming residential projects and are promising sectors to make long term investments in. Bommanahalli is located close to Hosur – the IT hub of the city which makes it easier for commuting for daily office goers, is in close proximity other important establishments like hospitals, shopping centres and much more. Hosur is a satellite town of the city and is like a focal point for developers who have created residential property for mid and luxury income group families. While Hosur is the IT hub, Electronic City is the commercial hub. For office and commercial spaces, Electronic City is an ideal property location. It also has sufficiently good connectivity to other main parts of the city like Hosur, Whitefield, Bannerghatta Road, Sarjapur Road etc.

Online Sources: Log on to online portals to find out information and search through a wide range of classifieds on upcoming residential projects in Bangalore, accommodations for paying guest Mumbai, service apartments Delhi and much more based on the city of your preference.

Storage Facilities for Your Home

Regardless of any kind of home you may live in, storage space is a necessity for every household. With bigger houses, you have plenty of space to spare for storage purposes but for smaller households, one has to come up with innovative and space utilising techniques in order to accommodate one’s household items. Planning your house in a manner that takes into account storage space right during the time of construction can be very useful; however, it isn't possible for everyone to do so which is why we all have to come up with alternative storage space ideas within our daily home and lifestyle.

Storage Furniture: There are endless possibilities of storage furniture to choose from when one comes across the products available in the market. However, it is essential to take into account the space and style of your homes and the furniture's suitability within that space. Do not buy furniture that is too decorative and suits your interiors but does not serve its primary purpose too well – that of storage. Always ensure that whichever product you buy serves its purpose well. Also, every room has individual storage needs as well; for example all bedrooms would require a big closet or wardrobe to accommodate your clothes.

Living Room Storage: This should essentially be a clutter-free zone because it entertains guests and is a representation of your home and style of living. You could opt for decorative storage options like bookshelves, DVD storage racks, side or centre tables with minimal newspapers and magazines on display. You could also make use of the area below the staircase as a storage space in the form of bookshelves or create a reading nook that gives a charming appeal to your home décor.

Bedroom Storage: Bedrooms should ideally have a closet. If there isn’t enough space to accommodate a closet, opt for a wardrobe with a mirror. Chest of drawers is also a good alternative to keep your clothes of all your clothes are unable to fit into the wardrobe. Tall dressers are essential for women and also an important part of a bedroom or dressing area. Bedside tables serve as a great place for books, personal belongings of daily use and a lampshade / nightlamp. Headboards can also serve as storage space with built-in shelves for books or small bulbs that serve as reading lights or even dim lights for an aesthetic appeal.

Explore Online Options for Buying Storage Furniture: Online classifieds platform offers one stop solution to all your online purchasing or selling needs. With access to millions of classifieds, users can choose from local products of home and lifestyle in Mumbai to real estate, education, electronic goods, cars and bikes and even Mumbai health and beauty products. Such websites aim to cater to individual and local needs and has gained immense popularity amongst users from all across the country. You could even choose to buy or sell second hand or antique furniture through this virtual medium, all with the click of a mouse.

Property Investment in India for NRIs

Growth of Real Estate in India: While many countries around the world have been combatting recession, India on the other hand has seen immense growth and still holds much potential in the real estate sector with reports revealing that investors have gained up to 20% as returns on their real estate investments. Investments made by NRIs in the recent years have also been influential in creating an inflow of monetary gains for India. 

Investment Schemes for NRI: A lot of avenues have been created in the past few years that have helped and enabled many NRIs, PIO and OCIs to make investments through property in India. The RBI grants permission to own property in India if the person possesses an Indian passport and he or she is free to invest in either commercial or residential property as per his or her will.

Acts passed by RBI: FEMA or Foreign Exchange Management Act has been implemented by the RBI that has helped in relaxing the strict rules of buying and investing in property on Indian soil. Repatriation of the capital invested in Indian property is also a major cause that has assured NRIs and encouraged them to make investments in the country. According to this, all capital gains obtained from the transaction of property can be remitted outside of India once the person pays his due taxes on his gains. Since repatriation of funds abroad is possible now, more and more NRIs are looking for investment opportunities in India.

Eligibility for Home Loans: Relaxed norms have also made it feasible for NRIs to procure home loans based on any property that he or she possesses or new investments. The GMI or gross monthly income plays an important role in determining the amount of loan that the person can be eligible for.

Why Invest in Property in India? : Apart from the very obvious reasons of a booming real estate market, and affordability of NRIs to invest in property in India, a major reason for doing so is the sense of security. Possessing property in one’s homeland gives homeowners a feeling of stability and security in terms of owning a home. It also serves as an additional source of income and moreover, they attach a sentimental value to it as well.

Online Hunt for Property: Online portals have become the latest classifieds hotspot for Indians who are learning to avail of the many advantages and facilities the web has to offer. Look for land for sale Delhi, sell property in Bangalore, rent apartments in Mumbai everything is possible through these. The web based community requires users to sign up and become members thus enabling them to post or sift through innumerable free classifieds. Currently, Delhi NCR has its property highest on demand and there is much scope for property for sale in Delhi as well as investment. Look no further and log on for more details on upcoming residential and commercial projects based on your city of preference.

Best Air Conditioner’s Brands To Buy From in India

Samsung Air Conditioner

Samsung Air Conditioners: one of the well-known and popular brands, Samsung air conditioners are known for some of its specific features like automatic cleaning, turbo-cleaning, de-humidification suited for Indian weathers and is also energy star rated. Samsung air conditioners are a healthy choice for those looking for an air purifying air conditioner because Samsung works in a way that eliminates any bacteria causing agents in the air blowing in fresh and purified air. Those opting for buying a Samsung air conditioner can choose from the following models and options currently popular in the market.

LG Air Conditioner: A well-known electronics company worldwide, LG has a wide variety of AC options for Indians to choose from ranging from window models, split ACs, ducted ACs, floor standing etc. All of LG air conditioners feature the air purifying element like Samsung with an antibacterial filter, plasmaster cyclotron filter, virus allergy filter and so on. The designs of LG ACs are attractive and stylish and also live up to its reputation offering optimum temperature settings and clean air with its self-cleansing coil features.

Godrej Air Conditioners: One of the most trusted Indian brands, Godrej air conditioners are known for its use of PUF or Polyurethane foam. Godrej specialises in a variety of products apart from other sorts of electronics. The AC’s silver ion filter feature has a microbe destroying capacity by method of destruction of cellular configurations of viruses, fungi and other such microorganisms. It also comes with an Active carbon deodizer that helps in eliminating any foul odour and has an automatic temperature regulating feature. Window and split ACs are available under the Godrej brand.

Whirlpool: Integrated with a home style technology and featuring advanced compressors that enhance its cooling efficiency, Whirlpool air conditioners are a popular choice amongst many Indians. Whirlpool boasts of its ‘perfect cooling efficiency combined with 6th sense technology’ that enables a uniform flow of cool air and regulating the room temperature to an ideal state. Whirlpool too has anti-dust air filters that are washable and reusable from time to time. Whirlpool features a sleep mode designed in a manner so as to provide comfortable sleep at night; it has an automatic restart function as well.

Voltas Air conditioner: Another leading brand of air conditioning and other electronic appliances company, Voltas originally specialised in water pollution control and sewage treatment products. The company is also known to have manufactured frocklift trucks. Air conditioners were first introduced split ACs in 1984 and established its company in India as a collaborative venture with Swiss firm Volkart Brothers and Tata Sons Limited. Voltas products are well-known for its quality and performance.

Buy air conditioners online: Find out more info from air conditioners-coolers classifieds available online, for buying and selling of goods. They offer city based local classifieds as well like Hyderabad Air conditioners-coolers. It enables its members to post free ads, sell or buy wares by meeting potential buyers and sellers and connect with them virtually in a much faster and simpler manner without the involvement of any middlemen.

Why Invest in Property in Kolkata?

Property today is considered to be the second best investment after gold. With investment options suited for all sorts of income groups property seems like a very lucrative investment. Kolkata has a number of residential as well as commercial projects coming up in the next few years which is predicted to create a significant impact in the real estate industry. While some people buy property as an investment with the intention of selling it off or renting it out, some others also buy it to live in the area in the future. Real estate is in a dynamic state in Kolkata and the next few years are said to be the best time for investments.

NRI Investments: Rajarhat in Kolkata has become the hotspot for investments made by NRIs. There are numerous luxury apartment projects coming up that include high rises, villas and bungalows and most of these include investments made by NRIs. Most of these families have a future plan of either returning to the country or look upon it as an extra source of income by renting their property out. Prices in Rajarhat is rational, the location is very convenient and ideal considering its proximity to the airport, hotels, education institutions and the IT hub – Sector V Salt Lake. The ambience and atmosphere along with added facilities of clubs and other amenities along within the residential premises makes it a lucrative choice for most NRIs who generally look for serenity and peaceful places to hang out.

Affordability of Property in Kolkata: Property for sale Kolkata comes at affordable prices in spite of being one of the major metropolitan cities. As compared to the other cities, Kolkata offers budget friendly housing catering to the needs of the low income groups starting from as low as 8lakhs as well as luxury residential projects for NRIs and high income group investors. As a result, Kolkata can be analysed as more of a mixed bag of investors accommodating all categories and classes of people. The availability of home loans taking into consideration families from the service class makes investments from all income groups viable. There are even tax benefits of about 1.5lakh per head per annum for those coming from the service classes.

Eden Tolly Signature - Kolkata, West Bengal

Other locations for investment: Upcoming townships and projects around Behala, Garia and EM Bypass are equally in demand after Rajarhat. Areas around Garia have seen rapid expansion of real estate in the past 2-3 years and are yet to see more in the coming years. Southern Kolkata having good connectivity in terms of public transport is a viable option and taking into consideration social amenities, it is considered to be perfectly suited for middle income group families, whether it is for residential purposes or investment alone.

Online sources: Look for land for sale in Kolkata and upcoming residential projects in the city. Classifieds based websites offer a wide range of ads and online solutions, a great option for all buyers and sellers to meet and interact virtually.

 

Delhi-A Growing Hotspot For Real Estate Investment

The real estate sector in the Indian economy since the past decade has seen a rise in investments made by Indian nationals as well as NRIs. Localities like Gurgaon, Noida Extension, Greater Noida, Dwarka Expressway, Bhiwadi, KMP Expressway etc. that form a part of the Delhi NCR are in great demand owing to their locations, connectivity to the city and many other factors. With prices that go as high as Rs.2500 per square ft. in such localities, 3 BHK apartments are a high return investment, especially for NRIs who find investments in their homelands to be affordable as well as profitable in the long run. Two upcoming projects mentioned below are among many other such real estate building investments growing in an around the Delhi NCR.

Residential Apartment, Delhi, Sector – 106 Gurgaon

With a starting price of Rs.84.01 lacs, residential apartments of Sector-106 Gurgaon is an ideal location for one’s dream home amidst a posh atmosphere, surrounded by lush green golf landscapes. Landscaping features and a serene ambience offer a promising and dream-like lifestyle that only a privileged few get to experience. Its residential neighbourhoods, recreational facilities add a sense of charm and luxury to apartments of this building project.

Apartments in Delhi

Apartments in Noida Extension
Sampoornam, a residential project undertaken by Eros, located at a prime location of Noida Extension area covers an area of 25 acres with a cluster of high rise buildings. Apartments on offer include spacious 3BHK and 2BHK and areas varying between 835 and 1765 sq. ft. Having large expanses of open area, Sampoornam is a lucrative offer for those with a budget of around 45-46 lakhs. The 2 and 3BHK apartments in Delhi come with all the common modern facilities and amenities usually on offer by most residential complexes of today.

Growth of IT industry boost real estate

As more and more IT industries come up in the Delhi NCR, demand for apartments, be it rented or residential keep growing. For apartments of 3BHK Delhi seems to be the demand of the day. Providing top class facilities, posh surroundings and sufficient security, prices of property too seem to be rising. Tourism, business and retail centres, entertainment centres have all become part of the residential projects undertaken by real estate developers who aim to create an overall growth and creation of complete townships.

Searching properties online
Online portals has grown in leaps and bounds gaining popularity across cities in India where people from all parts can use this platform for their trading purposes. 3BHK residential apartment Delhi can be found on rent or sale through this platform and the websites often provide useful information saving you time and helping you make the hunt for your dream home cost effectively. Direct interactions of buyers and sellers through such mediums have helped prevent middlemen gaining their share through unfair means. With advancement in digital media, the online classifieds website too is expected to grow even further within the next 5 years and expansion will help boost its progress.