blog_banner blog_banner

Blog

We, at JP Infra, believe that building a home is not just about investing in property. Here we not only offer you various reasons to invest in property in Mumbai or why Mira Road is the best location for property investment in Mumbai right now, but also a list of innovative ways and unique quirks to transforming your house into a vibrant, lovely home.

admin

| March 18, 2023

Significance of Location in Residential Real Estate

Are you looking for a new home in the Mumbai suburbs that fits your budget? Finding affordable flats in this bustling suburb of Mumbai can be challenging, but not impossible. With the right approach and guidance, you can find low-budget flats in areas like Andheri, Jogeshwari, Borivali, and Bandra as well.

It often happens so, that when we are searching for our new home, we consider an ample of factors like size, layout, and price. However, one factor that’s often overlooked is location. Where your house is located can have a big impact on your quality of life, your future resale value, and more. 

So, what constitutes a “good” location? Here are a few important factors to consider when determining the location of a home.

Easy Commute: When it comes to finding a flat in the suburbs of Mumbai, (e.g., Andheri, Ghatkopar, Parle, Kandivali etc) you want to prioritise properties that are located near public transportation, such as metro stations or railway stations. This will make your daily commute much easier and more convenient, saving you time and money in the long run. Additionally, properties that are located near major highways can also offer easy access to other parts of the city. So, targeting flats near railway stations or metro stations, which can provide you with the benefit of easy traveling will be feasible.

Lifestyle: Your chosen neighbourhood will reflect on your lifestyle preferences. By considering your personal needs and choices, you can ensure that the location of your new home aligns with your daily routine and enhances your quality of life.

Civic Amenities: If you are planning to live at this new house, you might want convenient access to services and facilities like hospitals, restaurants, local stores, outdoor gardens etc. A residence closer to these amenities will be favorable and which is one reason why location is so crucial in real estate. Social amenities such as schools, colleges, shopping centres, entertainment hubs should also be considered when looking for a property to buy. When considering purchasing a property, take into account how close it is to these important amenities.

Safe Neighbourhood: No matter which region or area of the city you are looking in, safety and security are top concerns for any home buyer. Be prudent about choosing the location for your home area to make sure that the property is located in a safe neighbourhood. You can also check online reviews and ratings to get a sense of the area’s reputation for safety.

Social Infrastructure: The quality of the surrounding infrastructure can also affect your convenience and property value. Flats that are located in areas with good road connectivity, public transportation, and social infrastructure can make your daily commute smoother and enhance your quality of life. Additionally, check for facilities like availability of water, electricity, and waste management, as in today’s time these are crucial for a comfortable living experience.

Lot Size: When we talk about size preferences in the suburbs or nearby areas, (e.g., Malad, Goregoan, Marol, etc) 1 BHK and 2 BHK flats are popular choices. These types of flats are majorly considered in comparison to the larger properties. As they are easier to maintain, easily available in those areas and can be a great choice for single professionals, couples, or small families. However, make sure to choose a flat that fits within your budget and doesn’t compromise on quality or safety.

Resale Value: While you may not be thinking about selling your new home right away, it’s important to consider the potential for future resale value. Under-construction projects or projects in developing areas with upcoming infrastructure projects have a higher chance of appreciating in value over time. Additionally, properties that are located near major commercial or business centres can offer great potential for appreciation.

Future Developments: Along with considering the immediate factors of purchasing a residential property, you must also diligently research the locality’s future development possibilities. Plans for schools, hospitals, public transportation, and other forms of public infrastructure can significantly boost property values in an area. Commercial development can increase the desirability and value of your property in the future.

In conclusion, finding low-budget flats in Mumbai is a process that requires careful consideration of various factors. By keeping in mind, the above factors, you can find a flat that meets your needs and budget. 

The area/part of the city of your flat is located can a crucial factor that can affect your lifestyle, commute, and investment value. Aim for flats that are located near public transportation services, as this can make your daily commute easier and less time-consuming. You can also save on transportation costs and avoid traffic congestion. A well-connected neighbourhood can also add to your quality of life.

For instance, JP Infra Pvt. Ltd.’s Codename Highway Touch is a promising project near Andheri East with 1 and 2 BHK flats that offer easy access to the Western Express Highway, metro stations, and offer a wide range of amenities at an affordable price.

arrow
| February 24, 2023

Making the Most of Your Space: Creative Home Renovation Ideas

In today’s world, space is often at a premium, especially in urban areas. Whether you are dealing with a small apartment or a compact home, it can be challenging to make the most of your living space. However, with the right renovation ideas, you can turn even the smallest of spaces into a comfortable, stylish, and functional living environment. 

In this blog, we will be sharing some creative and practical home renovation ideas for maximizing your space and making the most of every square inch of your home. Whether you are looking for clever storage solutions, multifunctional furniture, or innovative design concepts, we’ve got you covered. Whether you are an experienced renovator or just starting out, these tips and tricks are sure to inspire and guide you toward creating your dream home.

  • Multi-functional Furniture :  Multi-functional furniture is an ideal choice for those looking to maximize their living space in an Indian flat. These types of furniture items serve more than one purpose and are designed to be both functional and space-saving. By choosing multi-functional furniture items, such as a sofa bed or a coffee table with storage, you can keep your living area clutter-free and create a more spacious feel in your home.
  • Clever storage solutions : Clever storage solutions are another key aspect of maximizing space in your Indian flat. Installing shelves and cabinets that extend to the ceiling can help to create more storage space. You can also use under-bed storage containers, hooks, and hangers, and stackable boxes to help keep your home organized and clutter-free. This not only adds more storage space, but also adds an attractive element to your home. With the right storage solutions in place, you can keep your home looking neat and tidy, even in a small space. 
  • Wall-mounted furniture : Wall-mounted furniture can also be a stylish and modern way to decorate your home. It can also be a practical solution in small spaces where floor space is limited. By using wall-mounted furniture, you can make the most of vertical space and create an open, airy feel in your home. Additionally, wall-mounted furniture can be easily moved or adjusted, making it a flexible option for those looking to make changes to their living space.
  • Neutral colors : Choosing neutral colors for your walls, floors, and furniture can help to create a calm and spacious feel. Neutral colors, such as white, beige, or light gray, can help to create a bright and airy environment, which can help to make smaller spaces feel cohesive and connected, rather than broken up or cluttered. Bold colors and patterns can still be used as accent pieces to add interest, but neutral colors will keep your space feeling open and airy.
  • Smart lighting : Proper lighting can play a big role in making your home feel more spacious. The right combination of natural and artificial light can help to create a warm and inviting atmosphere. . By using a mix of ambient, task, and accent lighting, you can create a well-lit environment that feels bright and airy. You can also consider installing skylights or large windows to bring in more natural light, making your home feel larger and more open.  Consider installing dimmer switches for added control, allowing you to adjust the lighting to your mood and preference. By using smart lighting, you can create a welcoming environment in your Indian flat that feels bright, airy, and spacious.
  • Vertical gardening : If you have a small balcony or terrace, you can use vertical gardening to create a beautiful and lush green space. Vertical gardening is a great way to add a pop of color and create a more natural environment in your home. This can be accomplished with a simple wall-mounted planter or a more elaborate vertical garden system. Vertical gardening can also improve the air quality in your home by purifying the air and removing harmful pollutants. It’s a simple and effective way to create a greener and healthier living environment. In addition to being aesthetically pleasing, vertical gardening is also low maintenance. Vertical gardening is a great way to bring a touch of nature into your home and create a space that is both beautiful and functional.
  • Built-in cabinetry : Built-in cabinetry is a great way to save space and add storage to your home. Whether it’s in the living room, bedroom, or kitchen, built-in cabinetry can provide extra storage without taking up valuable floor space. Built-in cabinetry is an effective way to maximize space in a small home because it is designed to fit the exact measurements and specifications of the room. Unlike standalone furniture that takes up floor space, built-in cabinetry is integrated into the walls and provides additional storage without sacrificing valuable square footage. Additionally, built-in cabinetry can be customized to suit your specific needs and style preferences,
  • Sliding doors : Sliding doors can be a great solution for small spaces, as they take up less room than traditional swinging doors. By incorporating sliding doors into your home, you can create a more open and spacious feel, while still having the option to close off rooms as needed. Sliding doors are also a great option for closets and pantries, as they allow for easy access to your belongings without having to worry about door swing. They come in a variety of materials, styles, and designs, making it easy to find the perfect match for your home’s decor. 

In conclusion, with a little effort and a lot of creativity, you can make the most of your space and turn your Indian flat into a comfortable and stylish home. By incorporating these creative home renovation ideas, you can create a home that is not only functional, but also beautiful and reflective of your personal style. Whether it is through multi-functional furniture, clever storage solutions, wall-mounted furniture, neutral colors, smart lighting, or vertical gardening, there are many ways to maximize your living space and make the most of your home.

arrow
| February 17, 2023

Making the Move: A Guide to Saving for Your First Home

Saving money to buy a house can be a daunting task, especially in today’s economy where housing prices continue to rise. However, with a little bit of planning and determination, it is possible to save enough money to buy a home of your own.

In this blog post, we will discuss several practical strategies for saving money, including budgeting, reducing expenses, and increasing your income. Whether you are just starting to save or are well on your way to your goal, this guide will provide you with the information you need to make your dream of homeownership a reality.

  • Start early: One of the most important strategies for saving money to buy a house is to start as early as possible. The earlier you begin saving, the more time your money grows through compound interest. Compound interest is the interest earned on the initial deposit, as well as on the accumulated interest of prior periods. For example, if you were to invest 1000×0 at a 5% annual interest rate, after one year, you would have earned 500 in interest, bringing the total to 10500. If you were to continue to invest that same amount at 5% interest for another year, you would earn an additional 525 in interest (5% of 10500) bringing the total to 11025. As you can see, the amount of interest earned each year increases as the account balance grows. The more time you give your money to grow, the better. By starting early, you will be able to take advantage of compound interest and potentially save a significant amount of money over time.
  • Stick to the 50-30-20 rule: One strategy for effectively saving money towards buying a house is to implement a budgeting system known as the 50-30-20 rule. This rule suggests that 50% of your after-tax income should go towards fixed expenses, such as rent or mortgage, utilities, and insurance. Another 30% should be allocated towards discretionary expenses, such as entertainment, dining out and shopping, while the remaining 20% should be directed towards savings. This budgeting method can help you prioritize your expenses and make sure you are saving enough money to reach your goal of buying a house. It may require cutting back on certain luxuries or non-essential expenses, but the sacrifices made will be worth it when you have saved enough for your new home.
  • Check your eligibility for PMAY: The Pradhan Mantri Awas Yojna (PMAY) is a government initiative that provides financial assistance to individuals looking to purchase a home in India by offering subsidies on the interest paid towards a home loan. The subsidy is provided on an upfront basis, which immediately reduces the home loan amount and monthly payments. Eligibility for the scheme is determined based on the applicant’s annual household income and the value of the home loan. The subsidy varies between 6.5% to 4% to 3% depending on the loan amount and the annual household income. However, it’s important to note that the scheme does not provide any subsidies on loan amounts exceeding the subsidized amounts, and the maximum repayment tenure for a loan under the scheme is 20 years.
  • Diversify your investments: Investing in different types of investment instruments is an important strategy for saving money to buy a house. Diversifying your investments can help you spread the risk and increase the chances of earning a higher return on your savings. Popular investment instruments include stocks, real estate, bonds, and mutual funds. However, it’s important to be aware of the risks associated with these types of investments and to carefully research and consider the potential risks before investing. Diversifying your investments is a long-term strategy and it’s important to have a well-structured investment plan and to stick to it.
  • Invest in SIP: Another effective strategy for saving money to buy a house is to invest in a systematic investment plan (SIP). A SIP is a type of investment plan that allows individuals to invest a fixed amount of money at regular intervals, typically monthly, into a mutual fund or other investment vehicle. This can be a great way to save money for a house because it allows you to invest small amounts of money over time, rather than trying to save a large lump sum all at once. One of the main benefits of SIPs is that it enables you to invest in a disciplined manner. By committing to a fixed amount of investment at regular intervals, it helps to inculcate the habit of savings in an individual. It is important to note that SIPs are a long-term investment, and the returns are not  guaranteed. Therefore, it’s important to do your research and invest in mutual funds or other investment vehicles that align with your goals and risk tolerance.
  • Avoid high-risk investments: When saving money to buy a house, it’s important to be mindful of the types of investments you make. High-risk investments, such as stock market speculation or investing in cryptocurrencies, may offer the potential for higher returns but also come with a greater risk of losing your money. While high-risk investments may seem like a good idea at the time, the truth is that many of these investments are not suitable for long-term savings goals such as buying a house. This is because these investments tend to be highly volatile, and their value can fluctuate greatly from day to day. If the value of your investment drops, you could lose a significant portion of your savings, which could set you back in your goal to buy a house. In summary, when saving money to buy a house, it’s important to avoid high-risk investments that may put your savings at risk.

In conclusion, saving money to buy a house requires a combination of smart financial planning, budgeting, and discipline. It’s important to invest in different types of investment instruments to diversify your savings and avoid high-risk investments, invest in SIP’s. It’s also important to be mindful of government schemes such as the Pradhan Mantri Awas Yojna, which can provide subsidies on home loans for eligible individuals. And lastly, creating a saving plan and sticking to it will help you stay on track and achieve your goal of buying a house. Remember that buying a house is a long-term goal and it will take time and effort, but with the right planning and discipline, you can reach your goal of homeownership.

arrow
| February 8, 2023

Eco-Efficient Living: Tips for Making Your Home More Sustainable

Eco-friendly home design refers to houses that are built with environmentally friendly and sustainable materials. The most significant way in which it can positively affect the environment is through the use of eco-friendly materials in housing design.

So, let us look at some of the most effective ways to make your home green and eco-friendly.

  • Switch to LED lighting: LED is an abbreviation for “light-emitting diode.” LED light bulbs are approximately 90% more efficient than traditional incandescent light bulbs. LED lighting can help your home run more efficiently while also saving you money. High-quality LED lights have a lifespan of 30,000–50,000 hours or more, whereas an incandescent light bulb has a lifespan of only 8,000–10,000 hours.
  • Use Pre-Loved Furniture: When possible, try to buy used furniture. Repurposing and reusing items is an excellent way to save money while reducing waste in landfills. Learn to reuse, repurpose, and upcycle household items to extend their lifespan. Older, used items can often provide years of good wear for a family and may only require minor maintenance. It is also a lot more enjoyable to look for antiques than to trudge around a large department store!
  • Say No to Plastic: There’s something extremely convenient about using plastic bags at the grocery store. Is it because they are so light? Is it because they have handles to make them easier to carry? Unfortunately, our comfort is a hazard to the environment and wildlife. Choose greener, reusable cloth bags instead, and your home will be free of plastic bags.
  • Optimized home design: Connecting with nature has numerous health benefits but optimizing your layout to take advantage of natural light is also an effortless way to reduce energy consumption (and save money). Think about which rooms receive the most sunlight and how you use them. To make your home eco-friendly, you can optimize cross-ventilation. Design for natural airflow, use ventilation fans to keep the air moving, plant trees and shrubs, and use shading devices to block the sun’s rays and reduce the need for cooling. This can reduce the need for mechanical cooling and heating systems, saving energy and money on your utility bills.
  • Bring in Houseplants: Greenery can make a significant difference in a home, especially during the summer months. There are numerous ways to turn small spaces into lush patches of green, ranging from terrace gardens to indoor plants and vertical gardens. Vertical gardens, window ledge greenery, and indoor plants are excellent alternatives for urban homes that do not have the luxury of a terrace.
  • Opt for Energy-Efficient Appliances: Buying and using low-cost goods does not always imply being environmentally conscious. Make a list of your electrical appliances and determine whether they are made of environmentally friendly materials and are energy efficient. Buying new, highly rated, and energy-efficient appliances is always preferable to using old, inefficient appliances that consume more energy. This covers air conditioning systems, washing machines, refrigerators, and ovens. All these appliances have an energy rating and purchasing appliances with the highest rating is the best way to start with eco-friendly house designs.

We can make our environment more environmentally friendly by taking small steps. Many people are committing to protecting the environment and making efforts to do so, and it is now easier for us to follow those steps in our lives to live a healthy life. There are numerous benefits to eco-friendly living; it not only saves time and money, but it also protects your health, reduces environmental impact, and improves indoor air quality. Green building enables people to live more resource-efficient and sustainable lives.

arrow
| January 20, 2023

Financial checklist for first-time homebuyers

In the previous blog, we learned what physical factors should be considered when purchasing a new house. Now we will move forward to understand the economic factors that affect the decision-making process when buying a new house.

Purchasing power: This may not be the most enjoyable aspect to consider, but it is the most important, especially when compared to amenities and aesthetics. If cost is not considered, your dream home may end up being more of a source of worry than an escape. Always try not to push yourself beyond the limits of your budget. Remember that there are additional costs to consider other than the monthly mortgage payment. When going in for a purchase, you should also consider local taxes, monthly utility costs, and association fees. Allow some wiggle room in your budget in case of emergencies.

Interest rates: Interest rates play a key role in determining the cost of a mortgage and can have a significant impact on a home-buying decision. When interest rates are low, it makes it more affordable for buyers to borrow money to purchase a home, which can lead to increased home sales and higher home prices. On the other hand, when interest rates are high, it can make it more difficult and expensive for buyers to secure a mortgage, which can lead to a decrease in home sales and lower home prices. However, it is also important to consider that low interest rates may not always be the best option, as they can also be a sign of a struggling economy and the potential for future inflation, which can affect the value of your home over time.

Down payment: Even the amount of the down payment for new home buyers can be quite substantial. The amount paid upfront to the seller or property owner is referred to as a “down payment.” In India, the minimum down payment for a home loan is 20%. The RBI has instructed banks and NBFCs to lend only 80% of the property value, with the remaining 20% arranged by the borrower; this 20% is the down payment. It protects the lender financially and ensures that the customer will repay because a sizable portion of his personal funds are invested in it. There is no such thing as a maximum limit on the down payment amount. You can put down as much money as you can afford. Remember that the larger your down payment, the smaller the home loan amount for which you must apply. And hence, the interest payments would also be lower. So, try to make the largest down payment you can without breaking the bank.

Current market state: One of the factors to consider when buying a home is something one has no control over, i.e., the market state. The market you are interested in may not have a home in your price range or a suitable location. In addition, some market values determine whether ownership is a viable option. In some markets, it is cheaper to own than to rent, but there are others where renting is justified. It all depends on the current situation in the market of interest. So, interest rates are important, but owning in the right market is just as important.

Debt-to-income ratio: The debt-to-income ratio (DTI) is the percentage of your monthly income that will go toward debt repayment. You can calculate this by adding up all your monthly debt payments and dividing the total by your gross monthly income. The lower this number, the easier it is to meet home-buying requirements. Your DTI is used by banks to determine whether you can afford to buy a home through a mortgage. Lenders use a figure to decide how much they will be willing to lend you.

Additional costs: Understanding and evaluating the actual costs of ownership is required when purchasing a home. There would always be other expenses other than the sale price of the house that you may have to pay. You must consider costs like stamp duty, registration fees, GST, maintenance charges, etc. Similarly, taxes such as property tax and other government levied should be considered before purchasing a home. If you do not plan for these, the actual costs will typically increase at the time of purchase, which can derail your financial planning.

Bonus point: As important as it is to know what you want in your dream home; it is equally important to know which aspects of homeownership can make you upset. That way, you can steer your home search away from those characteristics and avoid having your idealistic living experience ruined by a feature you cannot change. For example, if you cannot stand living on top of your neighbors, look for a property with more breathing room on your lot or expand your search to a less-populated area. Every property will have some sort of compromise, but when it comes to your dream home, those compromises should be minimal. As a rule, if you spend more time after a showing focusing on the one less-than-desirable aspect of a property than on the handful of positive attributes it has to offer, the compromise is not worth it.

Simply put, if you think you are ready to afford a house, keep in mind the factor “affordability” means much more than just the sum of money required to purchase the house. Other financial and lifestyle factors should be considered into your calculations. When you consider all these factors, it becomes clear that the situation is more complicated than it appears. However, considering financial factors before making a purchase can help you avoid costly mistakes and financial problems later.

arrow
| January 17, 2023

Factors to consider before buying a house

We know that purchasing a home, whether as an individual or as a family, is a major financial decision. It takes a lot of effort to gather the resources necessary to purchase a home. Therefore, we believe it would be wrong if you bought a house; you would dislike, so we taught of sharing some pieces of advice that might help you in our house hunting journey.

In this article, you will learn about some important factors to consider when purchasing a home. Consider it a checklist or set of criteria that must be met before handing over your hard-earned money to purchase a home.

There are many factors to consider before making this decision, including location, size, connectivity, etc., as well as the financial aspects of buying a house, such as prices, interest rates, and taxes. And hence we have distributed these factors into two different categories, i.e.,

  • Physical factors
  • Economic factors

In this blog, we will focus on the ‘Physical factors’ that one should consider before buying a new house.

  • Reason for Purchase: Before you rush into the process, the first and most important question you must ask yourself is, “Why am I buying the house?” Is this decision the result of the landlord’s constant badgering? Or is it because society’s pressure has finally gotten to you? Or is it because you see your friends, family, and people around you purchasing a house and you do not want to feel left out? Whatever the reason, you need to be clear about it yourself first. Although buying a home is one of the biggest achievements in anybody’s life, one cannot afford to burn a hole in the pocket for the wrong reasons.
  • Prerequisites: Once you are clear about your reason for purchasing a new house, you can further define your requirements. For example, when do you want to move into your new home? Questions like these will help you decide whether you want a “ready-to-move-in” property or one that is still under construction. It should not be the case that your requirement is to move in within a year, but the committed delivery period is two years. Aside from the construction period, you must also be certain of the approximate size and specifications you require, such as 1 bedroom, 2 bedrooms, 3 bedrooms, or higher. Once you know your requirements, you can narrow your search and determine your budget. which will also inform you about available locations that are within your budget. Based on these factors, you can now evaluate the various options and offers.
  • Financial status and budget: Although the budget fall under economic factors, here we are going to just touch the tip of the iceberg. It happens many-a-times that we come across a property with all the bells and whistles, such as the perfect size, living space, amenities, and so on. We almost have it finalized in our heads, but when we sit down to negotiate, it goes way over our budget. Hence, having a set budget in place is critical. Always consider all your other financial obligations to get a clear picture of your budget range and EMI outgoings.
  • Developers’ reputation and goodwill in the market: Before purchasing the right property, it is wise that you conduct extensive research on the builder’s profile and delve into the builder’s history. You can surf the web or go to the developer’s website to learn more about the developer’s reputation by looking at the previous projects that he has completed.  You can also inquire about the status of his current under-construction projects, his reputation among previous clients, and their reviews and experiences. This investigation will assist you in determining the builder’s credibility and dependability so that you can make an informed and safe investment.
  • Location and Surroundings: Every now and then, we come across a property that meets all our requirements. It might even fit into your budget. However, there are still various factors that need to be evaluated, such as ease of accessibility, road conditions, the location of the property, the type of amenities, or any future developments such as metros, bridges, education hubs, markets, and health facilities. You must also consider the neighborhood and the types of people who will or are already living on and around the property. Remember, your property does not exist in a trance. It is part of a larger community in which you will live daily. Keeping this in mind, you must find a neighborhood that meets your requirements before purchasing.
  • Connectivity: Other important factor to consider when purchasing a home is the location’s accessibility, particularly from your workplace. Examine how close and accessible transportation facilities, such as stations, bus stops, and express highways, are to the property. Because you will be traveling every day, you should not spend hours of your life traveling from home to the office and vice versa. Also, be certain about what you want your house to be. An ideal getaway that provides you with the peace of a secluded forest, or do you want to feel the energy of a bustling city center? Do you want to be able to walk to a coffee shop every morning or have a viable picnic spot nearby? Ask these questions, get answers, and then go house hunting.
  • Carpet area; built-up area; super built-up area: If you are looking to buy a home, you must understand the distinction between carpet, built, and super-built areas. The carpet area, as defined by the Real Estate Regulatory Authority (RERA), is the net usable floor area of an apartment, excluding the area covered by external walls, areas under service shafts, corridors, and the open terrace verandah area, but including the area covered by the apartment’s internal partition walls. The external perimeter wall surfaces of a building determine the built-up area. It is the carpet area plus the thickness of the walls, as well as other unusable areas within the apartment such as the dry balcony, terrace, and so on. The saleable area of a premise is its super built-up area, which includes the carpet area as well as the terrace, balconies, areas occupied by walls, and areas occupied by common or shared construction (e.g., lifts, stairs, etc.). In some cases, builders may include amenities such as a pool, clubhouse, and garden.
  • Amenities: Amenities are extremely important when it comes to selecting high-quality residential real estate. Amenities are features such as a clubhouse, swimming pools, gyms, green spaces, and so on that make residential apartments more desirable. They make a significant contribution to the pleasure and enjoyment of residents and homebuyers. Personal preferences, requirements, availability, affordability, and exclusivity should all be considered when selecting amenities. Amenities always add some fixed or variable cost to the property, which may affect the resale value.
  • Rental and resale value: It is critical to account for the house’s rental and future resale value. When you are finalizing the house, you must consider the future profits that can be made from the property. As your ROI will be determined by a variety of factors such as location, ease of access, infrastructure quality, and so on, it is critical to learn everything there is to know about the property. It will eventually benefit you in the long run by fetching a good rent or resale value if you decide to do either of the two.
  • Fine prints: When you have completed most of the preceding points and have decided to issue the token amount, Wait! Ensure that you have thoroughly read between the lines and comprehended all the clauses, penalties, and implications. Make certain that you have calculated the additional costs. Also, check the delivery date and the penalty clause. Only sign the final agreement after you have carefully verified all the terms and conditions in the agreement to your satisfaction.

Everyone has the right to find the perfect home for them, and it is possible with the proper amount of research and information. Keep these important factors in mind, and you and your family will indeed find your dream house.

arrow
| January 9, 2023

2022 REVIEW: A Booming Year for Residential Real Estate

2022 was a year of recovery and growth for the Indian residential market with tangible signs of revival and resilience, which is demonstrated in the growth of residential demand and supply across the country. Despite the industry’s numerous challenges, housing sales have strongly rebounded this year and real estate purchases will continue as residential real estate, has benefited greatly from the post-pandemic rebound and is anticipated to experience a similar growing pace in sales in 2023.

The main cities in India have experienced a new peak in property sales in 2022, breaking the previous record set in 2014. Data from real estate advice firm Anarock shows that in the top 7 cities, more than 3,57,635 units were sold in 2022 as opposed to 2,36,693 units in 2021. Mumbai experienced the most sales in 2022, up from 56,883 units in 2021 to around 1,24,652 units in 2022.

Residential real estate was able to acquire and keep momentum due to low mortgage rates and continuously rising homeownership sentiment. Property buyers have also shown a shift in focus from location-specific preferences to a preference for practical homes with supplementary amenities. The government has also been encouraging home ownership by offering grants and loans to first-time buyers who need assistance in purchasing homes that fit their budgets and needs.

Although in response to a rise in construction costs, real estate prices in the residential sector increased by an average of 4–8%. There was also added pressure from the Reserve Bank’s 225 basis point increase in interest rates since May. Demand, however, continued to be strong due to positive consumer attitudes. 

India’s residential real estate business, saw astonishing growth and sales that broke records. Here are several trends that contributed to 2022 being a successful year for the real estate sector

  • New construction now features more mid-range and luxury homes : – The three sectors with the highest sales in 2022 were mid-range (INR 40 – 80 lakh), premium (INR 80 lakh – INR 1.5 Cr), and luxury (>INR 1.5 Cr). Affordable housing, on the other hand, had a difficult time, with more buyers in this segment adopting a cautious approach attitude; therefore, new supply in this category significantly decreased.
  • The expansion of suburbs : – Despite the near-normal circumstances following COVID-19, remote locales dominated the demand in 2022. Compact residences positioned close to city center in overpriced urban areas are part of the walk-to-work idea, which has lost appeal. Despite the return of remote work and physical school attendance, the suburbs triumphed.
  • Property values rise : – Despite an average 5-7% increase in housing prices in 2022 and rising home loan rates, residential sales did not suffer. After a period of relative stagnation of 2-3 years, these price increases were inevitable.
  • Spikes in rental demand : – Rental demand increased once more after sharply declining during the worst of the pandemic, at least in the hybrid model, as more businesses called their staff back to the office. Demand on the rental market has exceeded pre-pandemic levels. On average, rentals increased 20–25% from pre-pandemic levels, with some of the most populated societies experiencing increases of more than 30%.
  • Planned communities were preferred : – In 2022, planned communities were common, particularly in South Indian towns. While plotted developments dominated the residential landscape in Bengaluru, Chennai, and Hyderabad despite the pandemic’s harshest effects, which included a rise in desire for independent living.
  • Integrated living was prioritized : – The notion of integrated living is quickly growing rapidly in the residential sector, with home buyers preferring projects with modern amenities such as shopping malls with multiplexes, schools, hospitals, leisure clubs, office buildings, and parks. This trend accelerated, as home buyers sought a more peaceful, self-sufficient, and secure lifestyle. While township living meets all of residents’ social, civic, and recreational needs and is equipped with multi-layer security systems, demand for township living increased and is expected to continue in 2023.
  • NRI home buyers became more interested : – NRIs who own a home in this country have a sense of security and continuity to fall back on in times of crisis. This gave them the option of retiring in the country or exploring new business opportunities in the region. The combination of low home loan rates, a drop in the Indian rupee’s exchange rate, great offers and deals, the availability of houses, and never-before-seen pricing will made 2022 a good year in terms of NRIs investment in real estate.
  • Real estate as a potential investment : – The tangible aspect of the home as a long-term investment tool is stronger than ever. The year 2022 saw an increase in secondary home purchases. People began to recognize the advantages of investing in real estate and saw it as a safe and secure investment option. Given that the real estate market is less volatile than other investment markets and provides higher returns, 2022 saw a multiplication of real estate investments.

The year 2022 has revealed the increased assurance of purchasers, investors, and developers. There is widespread belief that 2023 will not be all that different from 2022, which saw a magnificently booming real estate market. We are optimistic that the sector will continue to thrive and post new growth figures.

arrow
| June 25, 2020

LeBron james 5 kawhi leonard 6 kobe

What we are doing now is taking the NFL message year-round and working with our partners to build that message.
So the first time they will actually be together is for a press conference on the morning of the event at the Essex House Hotel.
He never even fought a day in his life.
Kenneth Murray LB Oklahoma Los Angeles Chargers 24.

FuelCell shares, trading at 51 cents, have fallen 92% in 2019, while the S&P 500 has gained 23% and the Dow Jones Industrial Average has climbed 18%.
It was one of custom basketball uniforms deals where he said, ‘Oh, my God.
Thanks, Luke.

We are leaving on great terms.
In Roadside Assist, we find that in the 1920s, Clifford Paul Sr Sr Sr was ever the good neighbor and pioneered the roadside assist.
Hedrick Wills T Alabama Cleveland Browns 11.
Following a review of all Coca-Cola North America marketing assets at the conclusion of 2019, we made the decision to end our national sponsorship with MLB, company spokeswoman Kate Hartman wrote in an email.

Justin Jeffersons WR LUS Minnesota Vikings 23.
The North Face’s effort focuses on a variety of burgeoning endurance sports, such as skiing, snow gliding, bridge jumping, undersea exploration, snowboarding, star-gazing and even tasting unusual foods.
According to Dong Jin Koh, president and CEO for the IT and Mobile Communications Division at Samsung Electronics, As a Worldwide Olympic Partner for the last 22 years, Samsung custom uniforms been inspired by the spirit of hope, friendship and unity.
A: The Seahawks Mobile App and mobile ticketing are FREE.
Boxer Ryan Garcia was on set to help explain there really is a big difference custom baseball jerseys if the 2oz difference doesn’t sound like much.

Coca-Cola replaced Pepsi, which had been the official MLB category partner from 1997, and also had deals with 30 MLB clubs.
Jordyn Brooks LB Texas Tech Seattle Seahawks 28.
Hedrick Wills T Alabama Cleveland Browns 11.
Alex Morgan 5.

Armed Forces, many who have also called San Antonio home.
I was so hurt, she said.

arrow
| June 25, 2020

Year simone gives choose update on her snails shaka

As a rookie in 2017, topped the Chiefs record book in many categories, including most rushing yards during a rookie season , most rushing attempts during rookie season , most 100-yard rushing games during rookie season and most rushing yards vs.
Maria Sharapova 10.
Cristiano Ronaldo $105 million $60 million $45 million Soccer 3.
Justin Jeffersons WR LUS Minnesota Vikings 23.

Disney said that a part of the new deal, Twitter and ESPN plan to unveil five lives shows and other programming initiatives for Twitter.
We used to kid each other: He said, if you custom football jerseys first I’ll come; if I build one first, you’ll come.
If we win 14 in a row, we’d be one of the best teams in the league.
According to research firm Statista, which provides information to companies and universities around the world, global sponsorship spend on soccer hit a record $60 billion https://www.amazon.com/dp/B086YC7MKT year.
Postal Service’s National Dog Bite Awareness Week is June 14.

That includes food and drink, transportation, amenities and hotel rooms, of which there are 84 in the area – including 1 in the new Marriott Marquis, which is serving as the NFL’s Super Bowl headquarters – some 91% more than when Houston last hosted the Big Game.
Full story here.
C.J.Henderson CB Florida Jacksonvill Jaguars 10.
— Capitals coach Todd Reirden on Need to know.
The home she and her husband paid pocket change for is intended as a second family home.

He will be replaced Dave Castro, director of the CrossFit Games.
Coca-Cola replaced Pepsi, which had been the official MLB category partner from 1997, and also had deals with 30 MLB clubs.
You have got to have a smart athletic quarterback that can execute those things and know when to give, know when to keep, know when to find open receivers in those looks.
It’s all about getting your brand out there to consumers.
NBA 2K League has added four marketing partnerships: GameStop, Jostens, SAP and Tissot.

She earned less than the $23 million in endorsements to reach the $23 million cutoff .

arrow
| June 25, 2020

Live million facebook and the platform saw

This is a situation where 1=3.
Kylian Mbappe 9.
Tom Brady 8.
• House Sitting by Tynesha Williams : A guy is staying at the house of a friend, who is going out of town for a week.
Katelyn Ohashi By Barry Janoff July 9: Despite losing a man who arguably is considered the most popular player in franchise history, having not made the post-season for two years and having last won the World Series in 2009, the New York Yankees remain the favorite team in MLB.
Kevin Durant $63 million $28 million $35 million NBA 8.

The guys, they understand the situation.
Full story here.
Becky Lynch 7.
Listen in to find out where Brandi’s famous black bra from the 1999 World Cup final is and learn the truth about Julie’s donut habit from Kristine Lilly.

• AP Sports: The Coca-Cola Co.
Jeff Okudah CB Ohio State Detroit Lions 4.
He led the majors with 21 victories and padded his Hall of Fame resume by getting his 3th strikeout in his final start of the regular season.
To find all players born within a certain month and year, for example all players born in December of 1985, choose the month and year with the drop down boxes and then choose the ‘Month and Year Search’ option.

Postal Service’s National Dog Bite Awareness Week is June 14.
• Electronic Arts and FIFA have unveiled what they called a larger, evolved EA Sports FIFA 20 eSports ecosystem, the EA Sports FIFA 20 Summer Cup Series.
In You Don’t Have to Live Like a Referee, Homer is recruited as a FIFA World Cup referee after daughter Lisa praises his integrity in a Springfield Elementary speech contest held on the youth soccer field.
Lead agency is Bad Pennie, Manchester, U.K.
Terrell CB Clemson Atlanta Falcons 17.

Jordyn Brooks LB Texas Tech Seattle Seahawks 28.
That needs to be said up front.
The board carefully considered the applications of each league, USSF said in a statement.
Highest-Paid Athletes 1.

People can vote for the best ad Jan.
Jalen Reagor WR Texas Christian Philadelphia Eagles 22.
Tua Tagovailoa QB Alabama Miami Dolphins 6.

With the World Cup just days away, it is no surprise that soccer players are prominent and high on the list.
Clyde Edwards RB LSU Kansas City Chiefs Upcoming Super Bowl Games • Super Bowl LV Raymond James Stadium Tampa Feb.
Western Illinois …Earned his degree in university studies with a minor in psychology…Attended Blue Springs High School, where he lettered in football for four years, seeing action at WR, DB and as a punt returner…Earned All-Suburban 6 Conference honors three times at WR…From 2012, helped the Wildcats compile a 27 record, including a 24-game win streak, en route to winning back-to-back Class 6 state championships…Finished his career with 3 all-purpose yards and 35 TDs…Totaled 134 receptions for 2 yards and 26 TDs…Returned 29 punts for 502 yards and scored on a 49-yard punt return in the 2013 state title game…Defensively, tallied 25 tackles , two tackles for a loss, two INTs , eight passes defensed and a fumble recovery…Also lettered in track for three years…Was a member of the Wildcats’ state runner-up track and field team in 2013, running the anchor leg on the eighth-place 4×400-meter relay team…His father, custom football jerseys Shepherd III, played football at the University of Missouri…His grandfather, Louis Shepherd II, played basketball for Missouri State and was drafted by the ABA’s Los Angeles Stars…Lives in Blue Springs, Mo.
Kawhi Leonard 6.
Benefits: • Reserved spot in line for season tickets as they become available.
They join the NBA 2K League’s record roster of 13 marketing partners for 2020.

Tua Tagovailoa QB Alabama Miami Dolphins 6.
Jerry Judy WR Alabama Denver Broncos 16.
According to ATP, its ambitious plans are designed to transform custom jerseys way that men’s tennis is promoted across the world.
Alex Morgan 5.
Chicago police superintendent Eddie Johnson said, Smollett paid $3 to stage this attack and drag Chicago’s reputation through the mud in the process.

Becky Lynch 7.
7 CBS • Super Bowl LVI SoFi Stadium Los Angeles Feb.
Among the activations planned to celebrate its silver anniversary, Upper Deck said that the first licensed football rookie cards of the year will debut in 2014 Upper Deck Football, scheduled to drop April 16.
LeBron James 5.

Alex Morgan 5.
As the two-city competitive process progressed, the LA 2024 committee blinked first, saying, LA 2024 has never been only about L.A.

arrow