Give your home a summer makeover

Summer is here, so get ready to give your home a seasonal makeover. Dig out those sun-kissed cushions, nature-inspired decor and wall art to refreshen your space and celebrate summer’s true glory!

Here are some great ways to transform your abode for the summer season!

Walls: Breathe freshness into your summer home with vivid colors. Aqua blue, spring green, sunny yellow, earthy ochre are some of the great choices. Paint the focal wall in your room in these light, refreshing summer-inspired shades.

Indoor

Image Courtesy – indoor-lighting.net

Windows: Take down those layers on your windows and let in as much light as possible with sheer curtains. Floral prints combined with pastel-shades can add a great deal of summer charm.

Upscale-Curtain-Luxury-Peacock-Feather-Design-New-Arrival-Elegance-Detail-Curtain-For-Living-Room-Simple-Perfect

Image Courtesy –  alicdn.com

Wall art: This happens to be one of the easiest ways to brighten up your home. Simply look out for garden art or nature-friendly images, frame them up in natural wood frame and bring home the real spirit of the season.

101436731.jpg.rendition.largest

Image Courtesy – thebudgetdecorator.com

Accessories: First and foremost, de-clutter your rooms. Make your space breathable with indoor plants & natural furnishings. Choose furniture made from natural elements to bring warmth and depth to your personal space. Replace silk cushions with colorful cotton throw pillows or floral covers.

tropical-beach-summer-living-room-interior-design-style

Image Courtesy – cassiefairy.com

Make your space a happier place to live in with these tips!

If you’ve any other suggestion, please feel free to drop us a comment. We will be happy to include it in our summer makeover tips. Stay cool!

Advertisements

Why invest in New Gurgaon? Read the story of Gaurav Sharma

gurgaon-1

What better way to secure your financial future than to start investing young? Gaurav Sharma, a senior IT developer aged 29, living in Delhi and working in Gurgaon, was tired of the long travel time to work and paying huge monthly rents. His friends suggested he buy a home in Gurgaon, which is flourishing with options for people like him.

Gaurav started looking for options, and realised that the travel time from old Gurgaon to his office was close to 45 min – 1 hour, almost as bad as commuting from Delhi ! He read a report published by IIM-Bangalore about New Gurgaon in the Times of India (read here), and then there was no looking back.

Gaurav discovered that the key attribute of New Gurgaon is its connectivity with Delhi via Expressway, Metro Rail and Bus. It is also well connected via the Expressway to Jaipur and to Neemrana, which includes a 1,200-acre Japanese zone which is 70% operational. The internal roads have also been better planned as 120 meters wide sector roads and 60 meter wide arterial roads. The proposed Delhi Metro, will also give a huge boost the local transport infrastructure and connectivity to all areas of the NCR. A number of landmark developments like the recently opened Hyatt Regency and also the Hines building in Cyber City 2 are also in close proximity.

With this connectivity and infrastructure, it took Gaurav only 15 minutes to get to Cyber City 2, 10 minutes to reach Manesar and all of 25 minutes to reach IFFCO Chowk!

Prices in New Gurgaon are currently Rs. 6,500 – Rs. 8,500 psf; Rs. 8,000 – Rs. 10,000 psf in Dwarka and Rs. 10,000 – Rs. 12,000 in Golf Course Extension. Due to proximity to the major centres of employment and entertainment, facilitated by better connectivity, superior sector roads and infrastructure and landmark developments, New Gurgaon has already seen significant property price appreciation of 50-% and property experts are predicting that prices are likely to become higher than Dwarka and possibly also Golf Course Extension Road. The sectors which have gained popularity are 81 to 86, 91, 92, 93 and 95.

What’s more, prominent developers are offering flexible payment plans linked to possession, making it easy for young investors to enter this market.

Did you find this article helpful ? Share it with your friends.

Why you should buy property in Singaperumalkoil, Chennai GST

phpThumb_generated_thumbnail

According to a recent article published on MagicBricks.com, Singaperumalkoil in Chennai GST is the best destination to invest & buy property.

With metropolitan and primary locations almost saturated, the demand-supply is rapidly shifting towards new areas – the developing areas. Like saturated Delhi has given rise to NCR, Mumbai to Bandra and beyond, similarly Chennai has started expanding its horizon with demand shifting its focus on developing areas, like Singaperumalkoil off the Grand Southern Trunk (GST) road. And with these areas growing on the back of industrial influx, Chennai has for the first time emerged in the top 25 real estate destinations list in the Asia Pacific region, according to a recent PWC survey.

Singaperumalkoil is an upcoming location that is witnessing prolific development. There are several valid reasons to justify the rapid growth. In the last three years this region has grown as a major automotive and IT hub. While Mahindra World City and Ford’s presence has brought the vibrancy in the area, IT companies like Capgemini, Dell India and Infosys have helped flourish business activity. This has resulted in the infrastructural development in and around this place.
Secondly, the Sriperumbudur-Singaperumalkoil stretch is being heralded as the roads of the future. This particular stretch directly feeds into the big industrial corridors. On top of that, it merges with the Grand Southern Trunk road, a part of NH-45, which is the lifeline of Chennai.
Thirdly, this particular stretch, because of the heavy surge in traffic, is being 6-laned. This reflects the growing potential of the adjacent area which has been duly recognised by the developers. Accordingly, leading realty players like SARE Homes and others have focused on developing their projects in strategic locations in the vicinity of the GST. In fact SARE Homes has created a 62-acre integrated township that provides an eclectic lifestyle to aspiring home owners. And the fact that it is just off the main GST road, it aptly fits into the whole scheme of things.

To read the complete article, click here.

 

A checklist for buying your dream house

checklist

Buying a home is a decision for life. And if you’re buying a home for the first time, there could be a lot of jargons and terminology that could prove dauting. Below are a few list of questions / issues one needs to look into before investing or taking that big decision of your life.1. What’s the land use?
You need to check the land use of the property on which the project is being developed i.e. whether the land is being developed for residential or commercial purpose. Ask for a proper licence of the property from the developer.

2. Has land acquisition been completed?
Often, developers start selling apartment before acquiring the land. You need to check the official docs of land acquisition before committing your savings to the developer.

3. Does the developer have legal title?
You could hire a lawyer for conducting the title search. A unique khasra number is alloted to every property. Ask the developer to show you the papers demonstrating his ownership of the property and check in the registration name and number. With the help of lawyer, you can also find out if there is are legal disputes happening over the land.

4. Are all approvals in place?
Other than property licence, check whether the developer has received the following approvals: building plan, water, environment and pollution, and height clearance (if the building is situated near an airport).

5. Estimated date of project completion
Often, the project is completed within a certain period, say, 36-42 months from the start of construction. Get a written doc from the developer stating the date the construction will start.

6. Is there a Penalty Clause?
If there are any delays in handing over possession, the developer has to pay a penalty to the buyer, provided the penalty clause is there in the builder-buyer agreement.

7. Any extra charges involved?
The developer often collects preferential location charges (PLC), external and internal development charges. Find out if there are any hidden costs involved. Ask the developer for a written assurance stating that no further charges will be levied.

8. Developer’s  Track Record
Do your homework properly. Do a complete study on the background and past projects of the developer. Try and avoid novices as they usually lack the financial strength to weather a downturn. Have a word with residents of earlier projects to find out if the developer delivered the possession of the apartment on time. What were the on-campus facilities and the specifications promised within apartments? How well is the project maintained? In case of an under-construction property, visit it with a civil engineer and have him evaluate its construction quality.

It’s important to understand these factors before you make a commitment to the developer and buy your dream home. At SARE Homes, we offer our customers with top quality assurances like transparency in all dealings, higher efficiency of space utilization, quality of material, established architects and contractors, professional management and personalized customer service.

Know more here.

Chennai property gains NRIs preference

Chennai, which is often termed as the cultural capital of India, gains NRIs preference over other metropolis. The city has been listed as the second most favoured property investment destination for NRIs by Associated Chamber of Commerce and Industry of India. According to the report industry goers feel Chennai offers a good investment platform for NRIs as the price movement here is constant when compared to cities like Bangalore and Hyderabad and hence realtors are expecting a 35% increase in the enquiries from NRIs.
1209204_717628931583829_1243905732_nA perfect ‘Gateway to the South’, Chennai offers its residents a rich culmination of history, arts, culture and architecture. Being home to India’s longest natural urban beach – Marina Beach and Kapaleeshwarar temple that was built around the 7th century, the city has something inspirational for every soul.
1378350_715314641815258_1599114013_n

It’s a destination that provides fast bustling boulevards and slow lanes of Zen, side by side. Chennai has with time emerged as a peaceful city for people to attain a beautiful work-life balance.SARE Homes has always found Chennai to be a lucrative destination for creating its planned townships. Our Chennai projects include Crescent ParC Dewy Terraces in OMR, MeadowVille in Singaperumal Koil along with 400+ Expandable Villas. SARE Homes’ townships in Chennai have access to a multitude of amenities like world-class club facility with features like fully equipped gymnasium, swimming pool, recreational room for indoor sports etc, and international standard shopping complex, school and hospital.

Know more about these projects from here.

Home is where the loan is

findghar-bangalore-mumbai

 

The real estate industry today has seen a huge change as far as the attitude of the buyer is concerned. Today’s buyers are more informed and aware and carefully retain other’s experiences in their mind so as to extract a lesson from it later. But, even so, the irony is that too many smart people are buying homes and still having problems. Sometimes, it’s the quantum of readable material available that is confusing in itself. Want an upper hand when applying for a home loan? Believe it or not, just revisit your basics.

1. Impact of loan on your personal finance: With the new cash out flows there’s bound to be a dent, so you’ll need a brand new monthly budget in place.

2. Know your maximum loan eligibility: Some banks calculate the income available for EMI payments based on an individual’s gross income and not on his disposable income. Do your research here.

3. Check your CIBIL score: A score above 700 gets home loans easily. The Credit Information Bureau India Ltd (CIBIL) provides a credit score on a scale of 300 to 900 based on your current financial stability, loans existing, card usage, etc.

4. Co-application: If you want a loan amount higher than what’s offered, having a co-applicant with his/her own source of income helps and also make sense from a taxation perspective with each applicant being able to avail the tax benefit available on interest payment of an EMI.

5. Tenure: Shorter tenures mean greater EMI burden, but your loan is repaid faster. What you would pay as interest over the term of your loan would be substantially lower.

6. Type of interest rate: The type of interest rate you choose has an impact on the monthly EMIs you pay. It is important that you know the difference between fixed rate home loan and floating rate home loan.

7. Pre-payment and foreclosure charges: Sometimes, pre-payment of loans may require you to pay a penalty. Do your research well so that there’s flexibility if you can close your loan earlier.

8. Loan Options: Banks generally offer either of the following loan options: Floating Rate Home Loans and Fixed Rate Home Loans. The EMI of a floating rate loan changes with changes in market interest rates.

9. Take cover: A life insurance plan that covers the re-payment of loan in the event of an unfortunate death of the borrower can at least help the family retain their home.

10. Loan transfers: Old customers have higher rates of interest while the new ones have lower rates. So, over time the good deal turns into a sour deal. So the cost of switching is always high.

11. Implications of delayed payments: Try to clear your EMIs in time because once you are declared a defaulter or your credit history turns bad, and taking any kind of loan in the future may be an issue.

12. Read the documents carefully before you sign: Check the documents to ensure that the terms are same as what you negotiated and agreed upon. Don’t let the bunch of home loan documents bog you down and just sign on the dotted lines.

Buying a home is an important personal finance decision for every individual. Before applying for a home loan and paying your processing fee, make sure you analyze the above aspects to get a satisfying and smooth deal

Gold or real estate? Flip a coin

house-coins

A popular term in Hindi; Roti, Kapda aur Makaan, translates as food, clothing and a house, the bare essentials for survival. While an average person toils and moils all year round so provide these for his family, the focus has shifted ever since the recent dip in gold rates. It has been a couple of years since share market enthusiasts have drifted and found their way to gold and real estate.
Having said that, one questions whether the returns given by these safer investments are likely to sustain. If gold rates have seen a 20% decrease, are real estate prices also likely to plummet? Is there any correlation between gold and real estate prices? According to a survey by Karvy, there is. Their results of the Hong Kong market said real estate index and gold prices have 81% correlation.
The Indian market has a similar story for the year 2012-13.
Builders and developers are coming up with new, affordable schemes to lure people into making purchases. Jewellers are known to tempt people into investing in gold by predicting a rapid rise in rates in the near future. In fact, when gold rates decline, people are known to sell their real estate investments in order to invest in gold!
So if you have not purchased a home yet and are waiting for that moment that rates see a fall, there is no guarantee that it may happen merely because gold rates have fallen and you may only hope for it to be true. One may argue that real estate prices may not go down considering land is limited after all but its demand is not. Gold on the other hand is not as limited as land for sure and is an international commodity so it’s rate is more likely to keep fluctuating. Land prices may stagnate at the most but not fall.
However, all these are debatable but the fact of the matter remains that people wait for a trigger to make them invest in either gold or real estate. One can work as a trigger for the other but will we be able to predict that? At least for now we can be delighted to not be forced to choose between food and clothing.

The promise of a strong recovery for the residential market: 2013


images

Has the thought of owning a home, been dinner table fodder for years? Incessant cafeteria chatter or off the cuff remarks, about a dream home still being a distant dream?
Well! 2013 seems to be the game changer for the desi home owner and India to witness, a strong recovery on the residential real estate.

The optimistic outcomes via the government’s instigated policies on Real Estate Regulation, have strongly been recommended and implemented in giving the realty sector, industrial status -which is truly commendable.

With some price discounting and lower interest and mortgage rates futher down by (25-75bps) all thanks to the RBI, the pace of new launches have picked up, across key markets and with this trend most likely to run successfully and sustain, well into the next few quarters will lead to sharp recovery in volumes coming off a very low base.

JP Morgan believes this trend will allow an easier system of liquidity, with the expected cuts in policy rates ahead, further emphasizing discounts, rate cuts, lower unit sizes that are a sure clincher for affordability levels going high into 2013.

Knight Frank India’s, shared perspective on the performance and future of the residential market share across the 6 major metros offers some valuable insights.

Delhi NCR: A distinct supply increase from new sectors opening in Gurgaon, Noida and Greater Noida continue to lead the market, while a controlled supply check of the quantum of unsold inventory will make and keep the NCR market stable.

Mumbai: Mumbai’s phenomenal property price hikes and downward diving sales volumes, clubbed by a stagnant job scenario have affected sales momentum adversely. This muted account, will increase shares around its peripheral markets.

Bengaluru: A steady supply coupled by stable absorption continues to lead the overall residential market. Being an end user driven market, Bengaluru ensures a healthy growth for 2013.

Pune: Drawing the IT/ITeS with the manufacturing sector and a host of NRIs, Pune continues to gain maximum traction in the residential space, going forward a marginal drop in new launches could stagnate prices, as supply overhang decreases. Pune still boast of luxury budget homes as something special.

Hyderabad & Chennai: IT/ITeS driven residential demands are expected to stabilize in both cities, with absorption to be well maintained with maximum traction seen in West Chennai & West Hyderabad. Both continue to grow exponentially.

The Silver lining for those who missed the boat last year, both developers & consumers, 2013 starts with a fresh beginning with something for everyone and offers a window of opportunity for those anxious to move into their dream home.

What newly weds need to look for while buying a house

It is quite common to see a newlywed buying a house since it is usually the first decision on the financial aspect that both partners will take together. Searching for a new home has a lot of aspects associated with it. The earning potential of the married couple, their financial  stability and situation along with their future family plans are crucial when deciding to buy a new home.073-couple-looking-at-home1

A systematic plan has to be laid before venturing out to look for a new home. Valuable advice and tips regarding buying a house will be available when you take some effort to contact the professionals of this field. There are some important considerations and salient features to be looked for in the process. So, take interest in going through the below factors before making the final decision. After all it’s a big decision for all of us!

* Setting an affordable budget for home buying is a factor that plays a crucial role. It depends on related factors such as home loan approval, savings, financial situation, debts, income tax and many other points. The price range that is ideal for both the members have to be considered and chosen. The availability of cash to do the down payment also matters when laying your budget for house purchase.
* The launch of a new home search has to be done after getting all your finances in the best possible order. The financial viability can be affected by various aspects such as credit report errors, income tax returns and so on. Discrepancies in all matters have to be erased before home search activities.
* Making the right choice of the house and location is of prime importance. Home interiors can be done based on your preferences but once a house is chosen to be bought, the location cannot be changed as and when we require. Think many times before selecting the house.
* Hire professionals to get the house inspected for aspects such as the integrity of the structure, security of the location, environment and surrounding, worthiness of the project and related factors.

Having all your priorities met as per your preferences, go ahead and buy your own home with lots of confidence and happiness. The joy of living in your own house can boost you to perform extremely well in many aspects of life. Get that dream house and start your new life in a brand new atmosphere.

What IIT and MBA grads need to look for while buying a house

Homes are the pillars on which families are built. It is the dream and ambition of every professional to build or buy a really comfortable and beautiful home. It is always good to inquire about things before venturing on something big like building or buying a home. Finding the suitable locale is the primary thing when it comes to choosing houses and it differs from person to person. Some prefer houses that are situated in a serene and isolated location which could be just outside a busy city which could prove to be safe haven from the hustle and bustle of the city.

Digital Image by Sean LockeDigital Planet Designwww.digitalplanetdesign.comHomes like these can be a perfect setting for anyone but access to the city is a question to ponder over. Big cities can be difficult to navigate because of the traffic and distance involved. Getting to places in time can be a real burden. This is the reason why others choose to live inside the city limits. Living in the heart of the city has its own perks as there is easy access to every place in the city. Schools, hospitals, banks and other day to day businesses when they are close to the residence is a real benefit.

Another vital part of buying a house is the budget. By setting a minimum and a maximum limit for how much you are willing to spend for your dream home makes your choices narrower enabling you to get a clear picture of where you are going to stay. There are residential apartments available for every budget and depending on its location there are villas for a song. In the case of high rise residential apartments one can opt for the lower stories you can save money and if you want a splendid view from your living room you can throw in some more cash opt for the higher stories available.

Apartments can save you the time and labor on furnishing your new house. Safety factor too is an important point to consider with the unbelievable rise in crime in recent times. There are apartments with state of the art built in security and you can be rest assured you and your family live in a safe- house. Buying a house has numerous advantages against building one on your own with which also comes with numerous amenities you would love to have and that’s all there is to it.