Solar power: how it works, benefits, and their use in Indian homes(2/3BHK)!
Solar power: how it works, benefits, and their use in Indian homes! We’ve all been there when someone we know goes on to install huge solar panels on the roof to harness the power of the Sun as electricity. The government of India is also actively tapping into solar power increasingly in India to generate electricity. Let us understand the basics, and see if it really good? Also, figure out how it can be used in an apartment set-up in India? 1. What is solar power? How does it work? The best part: Sunlight is free! 2. Benefits of Solar power 3. Solar power in apartments Individual flat owners cannot set up personal solar energy systems to reduce their energy bills. However, solar power can surely supply electricity to the common areas in apartments. With the terrace area being a shared asset among all the members of an apartment society, solar panels can be installed here to generate savings. Everyone would normally agree and helps every owner equally. 4. Why is solar power gaining importance in India? 1. Saves money 2. Costs of solar panels have gone down over the years 3. Electricity costs are continually increasing 4. Newer inverter technologies are giving better long-term warranties 5. Apartment societies who have done it are already reaping benefits, it’s working extremely well for them! In Hyderabad, gated communities are increasingly adopting solar energy systems. For instance, many houses in Bhanu Enclave, Yapral have installed solar panels and solar water heating systems for their daily needs. “Overall, becoming a carbon-neutral country would involve changes in our behavior, but these are modest compared with the changes that will be forced upon us if we do nothing.” – Caroline Lucas To know more about “Importance Of Natural And Cross Ventilation: A Perspective For Homebuyers In India!” Click here!
8 key factors that positively impact capital appreciation of residential property in India!
8 key factors that positively impact capital appreciation of residential property in India! While buying a residential home, we need to know things that make the prices of our property shoot up over a period of time. While capital appreciation cannot be a goal in itself, there is no harm in knowing the factors that positively impact the capital appreciation of your property in the long run. While the factors are listed below, the quality of your life remains more important. Taking a decision of buying must always be driven by the priorities of your life and your loved ones. Essential factors that affect the capital appreciation of residential property 1. Location Location will be at the top of the list when considering the factors that affect property value. If the property is in a prime location the price will be higher. Recently sold properties and the community are the basic factors that affect the rate of the property in a specific location. The schools are located close to the property and their quality also makes an impact on the value of the property. Also, note that the properties located in rural areas are cheaper than the ones within city limits. Having said that, location is also a matter of personal choice. For instance, if you are in Hyderabad, and want to be close to being near the IT Hub of Hyderabad, then Hi-Tech City, Gachibowli, Madhapur, Nallagandla, and adjoining areas will be your location choice. If being close to nature is a bigger priority, then you will choose a locality like Sainikpuri or Yapral which is located in the lap of nature. 2. Access to Local Transport Access to public transport is another important factor that affects the price of the property. Properties closer to the bus and train stations, supermarkets, parks, and hospitals are commonly preferred by the buyers. Having said that, social infrastructure in the cities is getting better with each passing month, hence access may not be a constraint in the years ahead across India. 3. Size and Design The price also depends on the size of the property, the larger the size the higher in price. For example, a two-bedroom house is cheaper than a three-bedroom house but in some instances, the two-bedroom house can be more expensive than a three-bedroom if the total size of the two-bedroom is larger when compared to the three-bedroom. The layout design has an impact on the value too. An open layout looks more spacious and bigger, which makes the buyer pay more for these kinds of layouts. With the pandemic, the preference for 3BHK and bigger spaces have gone up across India. 4. Age The age of the structure can also be a deciding factor in pricing. The newer the home the higher the price will be because the construction is newly made and no major repairs or maintenance is required. However, there are some old properties that are more expensive than the newer ones because of their historical significance and maintenance. 5. Condition The condition of the property matters in deciding the value of the property. Older properties which are maintained well and require less renovation are more expensive than the new properties which require more renovations. An important factor is the QUALITY of construction. So, choose a builder who is high on quality, because the resale value of your home will remain HIGH if the QUALITY of construction and specifications of interiors and exteriors are superior! 6. Exterior appearance & View The exterior appearance of your home is also one of the factors that can help determine the price of your property. If there is a well maintained and good looking garden then one can charge more on the market value. Potential buyers also consider the view they will see when they look out of the window or balcony. A pleasant view is much more demanding than a blocked view. 7. Improvements and Re-modelling Making improvements to the major parts or the most used parts of the property would increase the value of the property. Re-modeling the kitchen and making improvements to the wardrobes and some interior designing would increase the value of the property compared to the current market value. 8. Water feasibility The amount of ground water available in the location can make a major impact on the value of the property. Properties located in ground water scarcity areas are mostly not preferred by the buyers which impacts the depreciation of the price compared to the market value. The above-mentioned factors can affect understanding of how the capital appreciation of residential property is determined. It is important to know the worth of the property before buying or selling. Careful research and investigation can help you to choose the right property to invest in and acquire better returns. Balancing it with your family priorities also helps in making a well-informed wise choice. “We may think that our decisions are guided purely by logic and rationality, but our emotions always play a role in our good decision making process.” – Salma Stockdale ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Charges, Responsibilities, And Perspectives While Hiring A ‘Property Management Services’ Company In India!” Click here!
UTILITY ROOM IDEAS FOR 2 & 3 BHK HOME BUYERS IN BIG CITIES LIKE HYDERABAD!
Utility room ideas for 2 & 3 BHK home buyers in big cities like Hyderabad! Homebuyers in big cities like Hyderabad are now increasingly aspiring for more spacious 2&3 BHK homes. While balancing of budget always puts a strain on the home buyers buying decisions, certain spaces in a home are far too important to be ignored. For instance, a well-designed, fully-functional ‘utility room’ can no longer be compromised upon! The UTILITY ROOM is an important place where all the household work gets done! With COVID-19, new realities have dawned-upon home buyers, and the UTILITY room is turning out to be a more important space than it was ever was. Homebuyers in Hyderabad and bigger cities need to be prepared for the eventualities of being self-reliant in a way that we reduce unnecessary contact with the outside world. A ‘utility room’ or a ‘laundry room’ helps us do just that. In Indian homes, our utility room needs to take care of our clothing needs as well as kitchen-related expectations. Hence, ‘utility room’ becomes an all-important place that needs serious thought, planning, balancing, and aesthetics! In this article, we discuss ideas to help you make most of the utility room space in your 2&3 BHK apartment in Hyderabad or elsewhere- Utility room ideas Let’s begin exploring… 1. Use a combination of open shelves and cabinets depending on kitchen, laundry, and household needs [Source- https://hips.hearstapps.com/] This means using a combination of open shelves and closed cabinets in your utility room Indian households need to hold many things pertaining to the kitchen, the seasonal clothing, essentials like LPG gas cylinders, 20 Litres (or bigger) mineral water bottles, shoes, ironing stand, idly–dosa batter maker, and various culture-specific utensils, equipment, and electrical gadgets Plus, the need to store and stock items you would NOT like to buy too frequently considering social distancing norms post COVID-19 This pattern of ‘closed’ and ‘open’ spaces balance the requirements of items that need to be open and airy as well as those that can be Alternating between exposed and closed cabinetry This way you can incorporate all the essentials of the laundry-related stuff, seasonal clothing, crockery, house-cleaning materials, kitchen-food storage, and other non-regular items Open shelves give you a spacious feel besides being visually appealing 2. Create a balance between storage, utility, and aesthetics with an efficient layout [Source- https://hips.hearstapps.com/] With limited spaces, the front loading and dryers could be tucked underneath the counter. This allows homeowners to utilize the space above The water inlet and outlet to be provided for the washing machine The dryers need a separate outlet for humid air to escape outside the utility room A sink in between allows for an aesthetically well-balanced design, and also for washing smaller or delicate clothes manually The sink along with the counter-top also doubles up as an extension of the kitchen and can be used to wash used utensils sparingly With graceful overhead cabinets and a well-lit up provision for lighting, the utility room could look very appealing 3. Make the utility room a fun place that you would want to spend your time in [Source- https://hips.hearstapps.com/] Interior designers or homebuyers thinking of designing their utility room need to transform their spaces into a lively space Laundry and kitchen-related chores must become a delight to work upon The utility room must be washing clothes, ironing your clothes, arranging food items, stocking grains/rice/pulses, and kitchen-related items The spaces should be inviting, gorgeously done up with the right pop-up of colors, textures, equipment, lighting, tiling, water accessories, ventilation Use color combinations that could range from soothing cool blues or green to an energy-filled red or shades of orange A beautiful wall-paper can add a zesty ambiance to your utility room 4. Combine style with the convenience that engages every member of the house [Source- https://hips.hearstapps.com/] You could even keep charming trolleys to stock up your items, which also gives you the ease to pull them out for use This is an important feature in Indian kitchens where you normally keep significantly big stockpiles of rice, pulses, and wheat weighing over 20 kilograms Such trolleys could also be used for segregating the laundry of each family member 5. Materials to be used in the utility room should be chosen wisely enabling cleaning and maintenance [Source- https://hips.hearstapps.com/] Ceramic tiles do well in a heavy-duty area like a utility room where heavy materials are moved around incessantly Being a work-horse area, the materials used to put together the utility room starting from cabinets, washing area, work-tops, tiles, wall-paper, machinery for laundry, ironing, storage closets and open shelves should ‘make life easy’ These should also exude style and personality Colors used could be contrasting or similar to give an appealing look 6. Using wallpaper and lighting to bring cheer to small spaces [Source- https://hips.hearstapps.com/] A wallpaper does wonders for tiny rooms. Especially, ones with flowers which bring your tiny utility rooms closer to nature Even if the spaces are so tiny with the need to stack up the washing machine and dryer in limited space, a wall-paper adds life With beautiful lighting like spot-lights or pendant lights, even darker spots in the utility room can be well lit up to bring cheer Creating ‘vertical space’ utilization and using wall-paper makes the cramped-up feeling to ease off a lot with the spark that wallpaper adds 7. Using the ever-elegant shades of white in cabinets and accessories [Source- https://hips.hearstapps.com/] When the spaces are less, and installing a drying stack is not an option, one can use ‘drying rods’ in available spaces to make up for it Damp garments can be dried on rods coated in white. The materials could be paints of different types. White color is any day a good choice, especially when you want to give cramped-up spaces feel bigger than they actually are A white drying rod too can look very pretty. An open basket tucked under open spaces can also be provisioned. These are easy to grab, and pull out and
RERA: a boon for homebuyers making the home-purchase process safe and tension-free!
RERA: a boon for homebuyers making the home-purchase process safe and tension-free! 1. What is RERA? The full form of RERA is the Real Estate Regulatory Authority. It aims toward protecting home buyers from unscrupulous builders. With an increased sense of protection, RERA has also boosted the extent of real estate investments. The unorganized real estate segment brought builders under the strict scrutiny of the State Governments. The bill of the Parliament of India Act was passed on the 10th of March 2016 by the Upper House, Rajya Sabha. Importance of a RERA-approved residential project: RERA helps buyers gain trust in their builders as their money is not as risky on a RERA-approved property. So, a RERA-approved residential project has these days become hygiene, especially for large-scale gated-community projects. RERA aims at providing transparency and has a structure on ‘how to deal with any untoward issues’ with the project like project delays, pricing, quality of materials, etc. This Act is all out to put the builders under strict regulation and scrutiny. Any builder not abiding by the RERA provisions for the state government can face strict action including jail time! 2. Notable benefits of RERA Standardized Carpet Area: Before RERA was introduced, the method by which a builder calculated the price of a project wasn’t defined in any way. However, with RERA there is now a standard formula that is used to calculate the carpet area of an apartment. This way, builders cannot provide high carpet areas to increase prices. No delay in Projects: Under the RERA Act, each real estate developer/ builder needs to give a delivery date for the handover of the possession of the flats. If the builder is not able to complete the project until the delivery date which was promised, then they will have to face defined penalties. Right to information: The developer is entitled to share all the details regarding the project such as plan layout, plan of execution, completion stages, the status of the competition, etc. This ensures the transparency of the project. Grievance issues: When and if the buyer/ purchaser, the promoter/ developer, or the agent has any issues with respect to the project, they can file an official complaint with the RERA department. If they aren’t pleased with the RERA’s decision, an official complaint can also be filed with the Appellate Tribunal. Advance payment: A builder cannot take more than 10% of the cost of the project from the purchaser as advance or booking fees. This saves the buyer from having to source funds fast and having to pay a large amount all at once. Buyer protected over false promises: Buyer has a right to sue the builder if promises are not kept. A buyer can even choose to withdraw from the project and get back entire money back with interest. Host of clearances needed by the builder before launch: A builder cannot launch a project unless all clearances are obtained, and every detail is disclosed. Only after a rigorous validation process does the builder get the clearances. Diversion of your funds NOT permitted: This prevents unauthorized use of your hard-earned money, and LATE delivery of projects is prevented, Money taken from you needs to be used for the purpose of constructing your home alone! A builder cannot cross-utilize funds as per their whims and fancies, The developer is required to deposit 70% of the funds received from the buyer into a special bank account called an escrow account. Money can be deducted as per stages of building, and duly approved by the builder’s engineer and accountant. This brings in accountability and the safety of your funds! Real estate investment in Hyderabad has seen a rise after the introduction of the RERA act. Many new properties in Hyderabad are now being built which are all RERA registered. With the RERA statute, trust, transparency, and investments in the real estate business have only gone up! Plus, a home buyer can opt for a hassle-free home loan, and purchase one’s dream home in a worry-free state of mind. With RERA, a builder cannot get away with wrongful intentions and actions! “It is wrong and immoral to seek to escape the consequences of one’s acts.” – Mahatma Gandhi ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Noteworthy Provisions Of RERA Telangana: A Must-Know For Home Buyers In Hyderabad!” Click here!
Buying a house? – Factors, priorities, and checks to conduct before buying your dream home in India!
Buying a house? – Factors, priorities, and checks to conduct before buying your dream home in India! As potential home buyers, we need to organize our thoughts on what to look for when buying a house. The most basic thing is to look for a home depending on our budget! Be it an apartment, builder-floor, townhouse, independent bungalow, or other configurations. Then comes the individual needs of our family, the number of bedrooms, amount of space, the amenities, and how they stack up! Competing priorities need to be organized. Sometimes, the needs of your children and their educational requirements make take precedence in the locality. So, you end up buying a house that’s closer to the school or college. Priorities can differ, and the list is endless- for instance. proximity to workplace, commute time being closer to nature having good social infrastructure being in a less populated locality wanting amenities like gymnasium, clubhouse, power back-up, winning pool the desire for a more spacious home e.g. builder floor that’s more spacious…and so on Checklist before buying a house: Depending on your priorities, some of the important considerations could be- 1. Location: You should always give a lot of importance to this point. Commuting may or may not be a problem for you. Some people prefer buying a house near their office area so that they can save time. Others are okay to commute if the needs of family members are met. Post-COVID, the lesser population density is a preferred thing. For instance, in Hyderabad, locations like Sainikpuri and Yapral are preferred for their low-density population, greenery, and excellent social infrastructure. 2. Choosing builder: The moment you choose your locality you need to pick the best properties in that particular area. Mostly you need to see the brand of the builder – are they trustworthy? How many years of experience they have and also if possible, you can talk to a few past customers and know in detail about them. Low-priced builders in a certain locality need to be evaluated carefully. Usually, the lower price also means sub-standard construction and amenities. So, a low-priced deal need NOT be a great deal for your hard-earned money! Invest time to check on the QUALITY of construction and specifications being provided by the builder, especially, small builders who make standalone-building apartments. 3. Paperwork: Once you finalize the builder check all the documents: For instance, in Hyderabad, check for RERA or GHMC approvals Bank loan approvals, if any. This is a big assurance! Commencement certificate of work Environmental clearances Approved building plans Title deeds No-Objection certificate from panchayat raj or local body Release Certificate from the bank if it is a resale Encumbrance certificate Verify land use zone Property tax receipts Depending on all these documents check whether all these certificates are legal compliance and then decide to buy the apartment. Once you are assured of these then… 4. Register the property: After you decide to buy the property, register the same with the concerned authorities so that you can become the rightful owner. 5. Frequent visits: Always visiting the property is better than going by looking at the advertisements. When you visit the property, you can schedule an appointment with the site representative and go in person to know all the details. After all, seeing is believing! 6. Better to buy than to wait: Early birds get the worm. It’s always better to buy the property when the project is announced early on. Because there will be more chances for you to get the property how you want it depending on the floors, Vaastu, and other amenities. There is also a better chance of your property the house at a cheaper price if you buy the house and do not wait for the project to get completed. Plus, as an early bird, you get the best options available to you. These tips will help you organize your thoughts in finding your dream home with confidence! “Bless our house as we come and go. Bless our home as the children grow. Bless our families as they gather in. Bless our home with love and friends.” – An anonymous quote To know more about “Buying a home simply becomes one of the greatest feelings in the world!”. Click here!
Charges, responsibilities, and perspectives while hiring a ‘Property Management Services’ company in India!
Charges, responsibilities, and perspectives while hiring a ‘Property Management Services’ company In India! In India, homebuyers are increasingly seeking the help of Property Management companies to manage their residential property. Finding the right property management company to work with your property is a big deal! By hiring a property management company, you end up giving control to take care of your property responsibly. You hand over your home and expect them to take care of it sincerely and dedicatedly. All these costs! You must know why you are paying, and what you can expect from your property management company! It is important to understand that it is not just about rent collection alone! MAINTENANCE and UPKEEP of your property form a critical part of taking care of your house. As a homeowner, the biggest priority is to make sure the home remains in TOP CONDITION, and all the problems that arise from time to time are fixed. The tenant not only uses your property to live but also helps find the faults and fix them! Collecting rent, and managing tenants is just the obvious part and is not the only reason for hiring a property management company. A. Charges you can expect as part of property management fees Generally, the property management companies charge fees in the form of commission, flat fees, or bills per property. This would be around 8 to 12 percent of collected monthly rent on the property in addition to the expenses. The monthly fee is determined based on many factors, so it’s better to find out the local rates of your property type. Property managers find a tenant, do the required verification, make visits to the property, handle the check-ins and check-outs, collect the monthly rent, perform inspections, regular cleanings, and maintenance, repairs, complaints, etc. The above mentioned are some of the basic services provided by the property management companies. Every company is different and has its own set of services offered and pricing range. So one should make sure that the charges and fees are mentioned in detail in the contract before signing the agreement. B. The most common fees to expect 1. On-boarding or Registration fee: A one-time fee would be charged to establish a partnership between the company and the client. A one-time on-boarding fee may be charged to establish the partnership and open the account. 2. Vacancy Fee Some companies charge a vacancy fee, which is a small flat fee or regular monthly fee for unoccupied properties. 3. Late Fee When there is a delay in monthly rental payment by the tenant, the company may charge a late fee. Which may be returned to the owner or a portion of the late fee will be charged by the company. 4. Maintenance Fee On the owner/tenant complaints and maintenance issues the companies may add a markup fee on the original costing to keep up as their commission. 5. Rent or Lease Renewal Fee Some companies charge a flat fee at the time of the lease or rental renewal by the tenant. Also, the client will be charged a small fee at the time of renewal of the contract between the client and the property management company. Management companies may keep apart, commission, all of it or none of the income associated with some miscellaneous fees collected in the form of returned check fees, documentation charges, lease violation fees, unpaid invoice fees, etc. C. The right perspective Some owners may feel that the property management companies are overcharging them especially when they see unexpected charges on their accounts. However, when a company handles all these stressful duties, attending to emergency issues, and hunting for rental collection, the owner won’t feel like wasting money or being overcharged. These companies promote the success of the property. D. What to watch for Thorough market research before opting for a property management company. Compare the pricing with other local companies. Make sure you understand the terms and conditions of the agreement before signing the contract. Discuss all types of fees charged by the company. Choosing an efficient property management company will lead you to a hassle-free life. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Property Management Services In India For Residential Properties!” Click here!
Property management services in India for residential properties!
Property management services in India Check this out to know more about the services being offered increasingly by the property management companies in India.In India, homeowners are getting busy with their daily work, and do not have the time, bandwidth, and expertise to manage their residential properties, especially for renting them out to the right tenants. This happens if you are on the move as a professional, and are not in the same city as your property. So, while your property is in Bengaluru or Gurugram or Mumbai, and you are away in India or abroad, these professional ‘property management firms’ come to your rescue. These companies charge about 9% to 10% of rent or on pay for performance basis, which seems worth based on the services offered!! Even business people who own properties do not find enough time to manage their properties. You obviously want your property to be safe, and would also like some returns coming your way! Managing your own rental property does not make us entirely sure what a property management company does. So, let’s explore how they take over managing your property, what that includes, and what their processes are? Before hiring a property management company, you must know the tasks they perform, and how they handle things. Why hire a company for property management services? Evaluation of the property to determine the rental value Property Marketing for rent Tenant Screening and Selection Tenant Move-In Rent collection Legal Inspections Maintenance and Repairs Tenant Move Out Ongoing Management The above mentioned are some of the major services provided by most of the property management companies in the city. It’s always safe and stress-free to have someone to take care of the property in our absence. Property management services offer peace of mind! “Peace is a day-to-day problem, the product of a multitude of events and judgments. Peace is not an “is” it is a “becoming”. – Haile Selassie ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “10 Compelling Reasons For Not Living In A Rented Property, But Owning An Apartment In India!” Click here!
Basic tips and guidelines to find perfect tenants for your dream home in India!
Basic tips and guidelines to find perfect tenants for your dream home in India! It’s never too easy finding the right tenant for your home. Our home is dear to us, and each homebuyer comes with a certain cultural background and expectations on the extent to which they are okay with the tenant. The list can include do’s and dont’s as well as expectations on professional, salaried, businessman, vegetarian, non-vegetarian, pets, children, sexual orientation, etc. Sometimes we are not able to say things in writing and seek answers or confirmations verbally. It’s important that as a home buyer you get what you want, and the tenant is also comfortable with you. Having said that, while the tenants’ behavior remains unpredictable, you could still take a few precautions before you rent out your property. 1. The basics: The most basic thing is to always meet the potential tenant in person. Some homeowners involve middlemen or brokers to enable the renting process. When meeting tenants personally, you can get a better idea of the tenant, and are able to form your first impression. Customizing the rules and expectations in the rental agreement according to your property type and your interests could also help you in attracting ideal tenants. Once you have these decisions made you now have a better idea and confidence in deciding on which type of people you want to rent. 2. Property Marketing: Different types of people have specific interests in styles of property. Keep this in mind, and make changes to your property to attract the type of people you are looking for. For instance, installing geysers, air-conditioners, locks, latches, provision to dry clothes, demarcated parking area, and many more elements that attract a potential tenant. With pre-installed air-conditioning, for instance, you are more likely to attract the right gentry who is willing to pay a higher rent too! You must understand the rental value in your local area, and quote a price according. Understanding which segment of customer you want to attract, and providing amenities and provisions inside the house to match your targeted segment. For instance, if you have a home in Sainikpuri, Hyderabad, and you are targeting a segment that needs good air-conditioning, high-end interiors, wardrobes, pre-fitted chimney, modular kitchen, high-end bathrooms with premium fittings, etc., you will get a better rental once you meet these needs A detailed description of the property type, rental rules, and restrictions should be mentioned while marketing your home. While putting up or uploading photos, we must know what matters to the tenant, and how to highlight the positive points of your apartment. For instance, while clicking photos of the kitchen, you must highlight- modular kitchen cabinets, exhaust/chimney, lighting, and work area. Clear photographs of the property with all lights switched on must be used in social media marketing. The kind of photographs matters! Ideally, you could show 2 pictures of the same room to cover the room from all angles. 3. Tenant Screening: Tenant screening is a very critical procedure as you can get to know more information about the tenant. Make sure you collect information on the below for verification purposes: Contact details and proof of identity documents like Aadhar card, PAN card details, employee id, business details, etc. Employment status Employer details and contact person Reference by family or friends Previous rental history Knowing the number of children Pets Whether or not they smoke (depending on your tenant preferences) Frequent guest visits All this information can help you decide on filtering the type of tenant you need. Perform a police verification, which is mandatory as per law. Once the screening process is thorough, consult an advocate to prepare a registered rental agreement containing all the norms to be followed by the tenant during the tenancy period. You need to keep a copy of all the Identity proofs and reference details provided by the tenant. To avoid stress and to save time on finding a prospective tenant, you can always hire a property management company! They may charge you for it, but will take away all the legal, timely rent-collection and rules-related hassles! End of the day, while renting out your property, you need to make sure that the terms and conditions are shared with the potential tenant as candidly as possible!! “It’s much better to be candid than to be a pretentious idealist.” – An anonymous quote ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Renting Vs. Owning A Home In India: A Perspective!” Click here!
Checking the quality of construction: a perspective for a 2 or 3 BHK homebuyers in Hyderabad, India!
Checking the quality of construction: a perspective for homebuyers in Hyderabad, India! As home buyers, we want to book a home with high-quality construction. Builders across India have been quick to adopt newer technologies, better designs, and a lot of improvements in the construction process. As home buyers, we need to know if our builder is using them, especially, in the smaller ‘standalone building apartment’ segment. However, we still find some home buyers complaining of poor construction, cracks developing in the walls, or poor interior or exterior. So, we don’t want to be complaining about construction and workmanship quality after having spent our hard-earned money to buy an apartment. Three things make up the quality of construction: 1) DESIGN specs., 2) MATERIALS used, and 3) the Actual CONSTRUCTION process! 1. Why is construction quality important in the affordable segment of homes in India? 2. Looking deeper into the quality of construction: a list of self-checks All the defects in the constructions are not always visible. For instance, a laborer or a customer would not be able to find out the strength of the structure unless the structural plan is been reviewed independently by professionals like architects or structural Engineers. Here are a few self-checks which can be done on your own A. Sound paperwork B. Meeting standards Frequent site visits without intimating the builder will help in understanding the quality of construction. Asking for a soil test report would add up to getting to know about the soil composition and strength. C. Structural Design: D. Concrete Mix E. Wall Thickness: F. Fixtures: G. Finishing: H. Third-party certifications “Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction and skillful execution; it represents the wise choice of many alternatives.” – William A. Foster ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Tips To Check Construction Quality Of An Apartment In A ‘Standalone Building’ In Hyderabad!” Click here!
2BHK or 3BHK in Hyderabad: Tips to evaluate the pros & cons of PRECISE LOCATION before buying a home in Hyderabad!
Tips to evaluate pros & cons of PRECISE LOCATION before buying a 2BHK or 3BHK in Hyderabad Evaluating the precise location of your 2BHK or 3BHK in Hyderabad is an important element in finalizing the location of your dream home. The PRECISE LOCATION allows us to evaluate the locational advantages and disadvantages that the plot of land of the residential project offers. This could be a ‘gated community residential apartment complex’ spread over a few acres OR a ‘standalone building’ in a smaller plot size in an existing residential colony. The elements of the precise location of your 2BHK or 3BHK in Hyderabad 1. Proximity to the main road of the locality Having main road in easy or reasonable reach matters Main road may be defined as the major arterial road which is at least 100 feet wide There are no fixed rules on how far or away it could be, but a distance of about 2 to 4 Kms is acceptable Of course, at times, you could be having a not so impressive precise-location even within 200 or 300 metres 2. Safety of the precise location, and access road leading to it Safety of commute, roads, and travel matters If the approach road is NOT laid in ‘black top’, you may want to know the likelihood of the road being laid. At times, the roads come-up a little late, and we end up saying no to a good location just by experiencing the pot-holes in the road leading to the site. That turns out to be a wrong decision in the long run Safety of the road applies both during day and night time, however, with the all- pervasive population explosion, it is usually NOT an issue in most micro markets across Hyderabad The width of the access-road is extremely important from another angle. A small road of anything less than 40 feet can create traffic bottle necks, especially if there are too many houses/projects coming-up Access road being a pleasurable drive is an important factor for you to reach home in a sane/peaceful state of mind. Driving to the last leg of your home should NOT be a traffic nightmare owing to clogged streets Access road should not become a deterrent for you to step out of the house Also, during monsoon, the access road should NOT be in low-lying areas that get water-logged 3. Adjoining locality- its pluses and minuses This includes things like having a school, or a function-hall in the way, which at times becomes painful while trying to commute during certain hours/days/festivals Having public places, or religious places nearby can be a cause of constant disturbance At times, the locality is infamous due to certain bad elements residing in adjoining areas, which needs to be accounted for, and the place be avoided Also, having like-minded gentry around you is important for you to flourish and blossom socially in the place of your choice 4. Pollution, greenery, spaciousness Precise location can be painful if its located too close to the main road that’s inundated with moving traffic throughout the day If you are surrounded with a dusty precise-location, the pollutants as well as dust keeps entering in your home, which is unhealthy for the family You certainly don’t want to live in a home with your doors and windows locked all the time, deprived of cross-ventilation Green cover (plants/trees/parks/spaces/gardens) around your home is important, especially in a post-pandemic world A sense of spaciousness is important when you select a locality Here, a stand-alone building with fewer apartments scores well, since these are usually located in LOW-DENSITY POPULATION areas like Sainikpuri and Yapral 5. Proximity to social infrastructure for 3 BHK flat in Hyderabad Access to groceries, shopping hubs, schools/colleges, eateries, educational institutions, work-place (offices), civic amenities are important It is also important and safe to live in an area that is closer to hospitals, police stations, fire stations etc. Social infrastructure-related things can be very critical in making the choice of your home. For instance, you could choose to live in Madhapur or adjoining areas if Malls, micro-breweries, expensive international schools, cafes’, shopping arcades etc. is your priority Alternatively, those seeking peace, greenery etc. could look at places like Sainikpuri-Yapral locality Eventually, you need to be very clear about what you want from the ‘precise location’ as you choose your 2BHK or 3BHK in Hyderabad. “We are our choices.” – Jean-Paul Sartre ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “What makes a Rs. 1.5 crore, spacious 3BHK builder floor worthwhile in Sainikpuri location, Hyderabad?” Click here!
