Importance of Natural Light and Cross Ventilation: A Perspective for Homebuyers in India!
Importance of Natural and Cross Ventilation at Home | Avisun Properties With apartment complexes sprouting everywhere, home buyers are flooded with options. Ventilation becomes important because you want air circulation to happen in your home! No wonder, even Vastu pundits have stressed the importance of the flow of ‘clean air’ replacing the ‘stale air’ in the house. Apartments in India come in different configurations. You could be buying a gated-community apartment or a standalone building Apartment! Either way, it is important to secure free-flowing air that goes through every nook and corner of your apartment. While an independent house has ventilation on all 4 sides, that might not be the case in an apartment complex. 1. How does good air circulation help? With proper ventilation, the problem of poor air circulation can be prevented. So, as a home buyer, you need to study the design of your home and watch out for poor ventilation. The right kind of doors and windows help harness natural wind. Many home buyers complain of feeling stifled in their apartments. One major reason for that stale, stuffy feeling is that the air in your apartment could be trapped. Apartments have fewer windows and doors often have fewer air vents. This means that stale air gets locked in the rooms by design. As a home buyer, you need to make sure of choosing a home with good air circulation! Hence, choosing or building an apartment complex with proper ventilation is paramount. 2. Check for wind ventilation 3. Check for cross ventilation [Source- https://www.houzz.com/] Checking for cross ventilation in the apartment before buying matters! https://pin.it/18tnYrA 4. Benefits of proper ventilation The constant flow of air through the ventilation minimizes chances of ‘condensation’. You get to avoid damp and moldy conditions that trigger diseases like asthma Cooking, dishwashing, washing, taking a sauna bath, washing clothes, and breathing produces ‘humidity, smoke, and odours’. Both high and low humidity levels need to be controlled by natural wind or other technology-driven means Good ventilation helps ‘remove the emissions’ caused by construction and furnishing materials from indoor air. These emissions spoil the air quality of your home. So, emissions need to be managed and controlled with good ventilation systems– natural and technology-driven Fresh air = Healthier life! “I love the feeling of the fresh air on my face and the wind blowing through my hair.” – Evel Kniewel To know more about “Improved Ventilation Tips For a Safer Living In Your Dream Home!“.Click here!
Benefits of indoor plants in an Indian dream home!
Benefits of indoor plants in an Indian dream home! Indoor plants simply make you happy, relieve stress, and boost creativity, and productivity. It is a delight to see our productivity going up and our well-being quotient going up with green plants around us. The right indoor plants also help improve the air quality of your home. We need to know if a plant is toxic, especially with children or pets at home! A few indoor plants we must NOT bring home are Dumb Cane, English Ivy, Easter Lily, Peace Lily, Daffodils, Philodendron, Pothos, and Sago Palm among others. These are poisonous! One of the things that the pandemic has taught us is that greenery in the house brings you closer to nature. Greenery is all the more important if you are living in an apartment, and want to be one with nature. Benefits of indoor plants: Disadvantages of indoor plants: Maintenance and upkeep issues. Plants can sometimes be messy and require excessive attention. Choosing the right indoor plants matters! No wonder homeowners with apartments in India are increasingly getting obsessed with greenery. People actually feel that indoor plants help them feel better. Mental and physical well-being gets better. Some of the obvious physical benefits are reduced blood pressure, reduced fatigue, and reduced headaches. Your ability to remain at home, and work at home increases. Those with plants in their kitchen, laundry, living, bedroom, and even balcony feel much less lonely. The presence of plants simply alleviates both physical and psychological pain! This is why residential home builders in India are doing better than before in offering apartments with lots of green covers, and making provisions for greenery in architectural designs. Indoor plants are blissful in every way provided you are committed to taking care of them! They simply love you back abundantly!! Greenery at home gives a huge psychological respite! Having your room filled with nature’s bliss helps you breathe easier, focus better, and make you happier! “Nature is a tonic that can neither be packaged nor bottled… It eases the mind and soothes the senses.” – Melanie Charlene To know more about “Good Mental Health: A Responsibility To be Taken-Up Consciously!” Click here!
The Ultimate Checklist for Buying Residential Plots in Hyderabad
Here’s a Checklist Before you Plan to Buy a Residential Plot in Hyderabad Buying a residential plot in Hyderabad is a dream for many. With the city booming as a residential and commercial hub, investing in land is both smart and future-proof. However, a lot can go wrong if buyers skip the essential steps. This guide—brought to you with the insights of Avisun Properties—walks you through everything you need to know before you buy home in Hyderabad, especially if you’re considering residential plots for sale. Why Hyderabad is a Hotspot for Plot Buyers Hyderabad offers excellent infrastructure, growing IT corridors, and affordable land rates compared to other metros. The city’s Outer Ring Road, metro connectivity, and planned smart zones make it one of the most sought-after destinations for buying a plot in Hyderabad. Whether you’re searching for a residential plot near me or planning for long-term investment, the city delivers. What This Guide Covers (With Help from Avisun Properties) From things to check before buying a plot and verifying DTCP approval checklist to understanding if it’s safe to buy panchayat-approved plots—this guide is your all-in-one checklist for securing your dream plot in Hyderabad. Here’s what we’ll walk you through: Choose the Right Location for Long-Term Growth Where you buy a plot can significantly impact your investment returns and quality of life. Choose wisely with long-term development, infrastructure, and accessibility in mind. Popular Areas for Buying Plots in Hyderabad These are some of the most in-demand localities today. Key areas include: These locations offer proximity to the IT corridor, proposed Pharma City, and upcoming infrastructure developments. These are prime zones for residential plots for sale in Hyderabad. Proximity to Transport, Schools & Hospitals When buying a plot, easy access to daily essentials and transit is crucial. This section covers proximity to transport hubs, top schools, and healthcare facilities. Ensure your plot is within reachable distance of: Future Infrastructure & Price Appreciation Future developments play a critical role in determining a plot’s appreciation potential. Keep an eye on these key projects that are reshaping Hyderabad’s landscape: Study upcoming projects such as: These developments significantly influence land prices and boost investment value. Expert Insight: Why Avisun Properties Recommends East Hyderabad Avisun Properties suggests East Hyderabad due to: Understand Legal Checks Before Buying a Plot Making a land investment requires more than just a good location. Ensure you’re not overlooking critical documents and approval statuses that can make or break your property decision. Must-Have Legal Documents Approval Bodies to Know: HMDA, DTCP, Panchayat When buying a residential plot in Hyderabad, it’s important to understand which governing body has approved the land layout. Different authorities have different implications on safety, legality, and development scope. Understanding which body has approved your plot can directly impact the resale value, legal safety, and access to infrastructure development. Risks of Non-Approved Layouts: The Avisun Properties Document Checklist Avisun provides a verified checklist including: Is It Safe to Buy Panchayat-Approved Plots? Panchayat-approved plots are often more affordable and available in rapidly developing outskirts of Hyderabad. However, they come with their own set of challenges. These layouts may not have formal approvals from statutory bodies like DTCP or HMDA, making them riskier from a legal and infrastructure standpoint. Before buying such a plot, it’s important to assess whether the area falls under a master plan, if conversion to a regulated layout is underway, and whether utilities like roads, water, and electricity are in place or planned. Always conduct due diligence or partner with trusted developers like Avisun Properties who can guide you through the necessary checks. When approached with caution and the right information, panchayat-approved plots can offer high returns—particularly in areas poised for urban development. Pros and Cons of Panchayat Layouts Pros: Cons: When It’s Safe (And When to Avoid) Choose panchayat-approved plots only if: Avoid when: How Avisun Helps You Verify Approvals Avisun Properties offers: Financial Planning Before You Buy a Plot Sound financial planning is critical when buying a residential plot. It’s not just about the land price—you must factor in everything from hidden charges and legal fees to loan eligibility and payment schedules. A clear budget helps you identify viable plots without overextending your finances. Start by researching average price trends in your preferred areas. Determine your total budget including taxes and legal costs. Evaluate financing options if you plan to take a loan for residential plot purchases. Consider using financial tools or consulting with professionals like those at Avisun Properties to get a more accurate estimation of your affordability. Remember, financial readiness not only secures a smoother transaction but also gives you negotiation power and faster access to the best residential plots for sale in Hyderabad. Land Price Ranges in Hyderabad (2025 Trends) Rates vary by zone: Hidden Costs to Factor In: Loan Options for Plot Buyers Leading banks like: Partner Banks with Avisun Projects Avisun partners with: On-Ground Inspection: What to Physically Verify Before finalizing any residential plot, a physical site visit is crucial. On-ground inspection helps verify the actual plot condition, boundary accuracy, available infrastructure, and surroundings. It also reveals potential red flags that may not appear in paperwork. A thorough inspection protects you from unforeseen issues post-purchase and gives you confidence in the investment. Here’s what to assess on-site: Plot Dimensions, Boundaries & Markings Inspect: Drainage, Road Access, Water & Electricity Ensure the site has: Why Avisun Recommends a Site Visit with an Expert Avisun arranges: DTCP Approval Checklist Before purchasing a residential plot, confirming DTCP (Directorate of Town and Country Planning) approval is vital. This approval ensures that the layout adheres to specific government planning norms, safeguarding your investment from future legal or development complications. DTCP-approved plots are considered safer and are often a requirement for bank loans and home construction permissions. Avisun Properties simplifies the process by offering buyers a ready-to-use DTCP Approval Checklist. This downloadable guide helps you verify whether a plot truly meets DTCP standards, making your site visit and document verification more structured and reliable. What DTCP
Facility Management Services: a perspective for the Indian Real Estate sector!
Facility Management Services: a perspective for the Indian Real Estate sector! 1. What are Facility Management Services? The organizational function integrates people, place, and process within the built environment with the purpose of improving the quality of life of people and the productivity of the core business. 2. How does facility management make life easy? Every organization relies on a mix of functions and services to provide the support essential to its core business operations. Ensuring that this support is available in the right form, at the right quality, and for the right cost is the task of facilities management. In essence, facilities management is about taking control, freeing organizations to do what they do best while the facilities managers take care of the rest. Facility management runs across multiple disciplines. These services ensure functionality, comfort, safety, and efficiency of the built environment by integrating people, place, process, and technology. One of the FM’s primary responsibilities is providing and managing a range of services to his or her customers, that is the employees within the organization. These services span the range from security and M & E, through cleaning and catering, to plants and landscaping. Increasingly such services are outsourced, in other words, purchased from and delivered by external suppliers. Facilities management is responsible for making sure everything works harmoniously together, and the facility manager is responsible for keeping the facility alive. The term ‘facility’ refers to any range of establishments that serve a greater purpose such as providing goods and services. 3. Solutions provided by Facility Management Service Providers Alternative services supply solutions are offered by a number of FM providers who focus specifically on the management of services that are delivered by sub-contractors. ‘Total facilities management’ is another alternative, in which the provider takes on responsibility for the delivery and management of all required service lines. The FM department in an organization is required to control and manage many environmental and safety-related issues. Failure to do so may lead to unhealthy conditions leading to employees falling sick, injury, loss of business, prosecution, and insurance claims. The confidence of customers and investors in the business may also be affected by adverse publicity from safety lapses. 4. Facility Management Services in Real Estate Sector The emergence of the realty business has influenced a significant growth in the number of FMS companies in the market. It has been observed that a lot of realty businesses are exploring the options of partnering with the FMS companies so that they have immediate access to the maintenance of the properties right from the initial stages of the construction. A lot of individuals living away from their respective properties have been approaching the FMS providers for all maintenance services in their absence. An effective and efficient service provided by the FMS providers are leaving a great impression on the property owners in recent times. This strongly indicates that a collaboration between the property owners and the FMS providers is expected to witness significant growth in the realty business. 5. Facility Management Service providers for the Real Estate sector in India The FMS providers have gradually spread through the residential and commercial properties over the last few decades in India 2. In India, you have many highly professional Facility Management Services that make the experience of using or living in a property par excellence. To name a few such service providers: A La Concierge Services Private Limited: Globally recognized, engaged in more than 100 businesses, one of the leading Facility Management companies in India Jones Lang LaSalle: It is a highly renowned real estate and facility management company with, a global presence in over 70 countries Colliers: A Canada-based diversified professional services and investment management company with more than 400 offices in over 68 countries Clean India Group: Known in India as Cradle Runways; it is a leading engineering company offering solutions for facility management Handyman Services Limited: It is a support and service provider; a leading facility management company in India; based out of Bangalore with branch offices in Chennai, Hyderabad, and Mumbai Enviro Facility Management: An ISO 9001:2015 facilities management organization that provides efficient facility services (building management) for commercial and residential properties MSI India Maintenance Solutions: Offers a range of facility management services (housekeeping, building maintenance, guest house management, etc.) Nimbus Harbor: Providing tailor-made, reliable & accurate integrated facility management solutions to residential, and corporate sectors; skilled & trained staff Samarpan Facility Management: Facility & maintenance management solutions to diverse industries including a few Fortune 500 companies 6. Scope of work These FMS companies cater to a range of properties- [Source- https://www.aceableagent.com/blog/ ] Functions performed by these companies include Housekeeping, Electrical maintenance, plumbing, landscaping, pest control, carpentry works, security services, and legal compliances are a few of the many services that are being offered by the FMS providers. This is accomplished by managing: EHS (Environment, Health, and safety), Fire Safety, Security, Maintenance Testing and Inspections, Building Maintenance, Cleaning, Operational, Space allocation, and changes( fire safety arrangements, lighting levels, signage, ventilation, welfare arrangements) Professional management of facilities makes life so much more enjoyable and liveable for those occupying or using the various built environments. Professional Facility Management Companies strive hard to get better with time, and offer a great customer experience!! “When we strive to become better than we are, everything around us becomes better too.” – Paul Coelho ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Indian Economy Indicators That Make Indian Real Estate A Promising Investment- A Perspective For Homebuyers In Hyderabad!”.Click here!
Renting Vs. Owning A Home(2/3 BHK) In India: A Perspective!
Renting Vs. Owning a home in India: a perspective! This is a question that many people ask themselves as they work and raise a family. It’s a cross-road that we stare at some time or the other in our lives. Plus, it takes some mulling and soul-searching before we chose one of the two options: Buy versus Rent! Some of us feel that renting a house is more beneficial. You have all the flexibility that you can ask for by taking a house for rent. You don’t have to get tied down to one city or one locality, and renting a home alone allows you greater breathing space! It gives you a ‘pay and use’ option with no strings attached! Some others may argue that renting burns a hole in your pocket. Instead of renting, buying a home appears to be a better deal to them. They may assert that paying an EMI seems more sensible to them rather than pay for a monthly rent. Even if you move places, you can always put you property on rent, and get some rental income out of it! Both the arguments are valid. In this article, we shall put forth both perspectives- renting vs. buying a home. Both are good depending on your priorities. The article merely aims at facilitating clarity on what goes into both options. Eventually, you decide what works best for you! Renting vs. owning a home: 1. Why Rent? 2. Why Purchase? 3. Things to consider while purchasing your own house in India Reason for purchase: Location: Rates differ in ‘same’ as well as ‘different’ localities: Which is the better option: Renting or owning a home? This is the main question people keep asking themselves. You may find contrasting views. What’s important is to understand that buying and renting are both financial decisions. What differentiates buying a home is the emotional decision! So, either way, the final decision should be taken based on your priorities, self-introspection, and family considerations. You may have many reasons to choose rent or purchasing over the other. Owning a home is always seen as an “achievement” by society. “If you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.” -John Paulson Some people are not influenced with the logic of ‘sacrificing today’s comfort’ to buy one’s own home. Renting makes perfect sense to them! Similarly, within the same population, you find ardent home buyers who simply love the sense of pride that you get by buying your own home! Hence the real answer lies to the people themselves! Either ways you won’t be wrong, since it is your life, your money, your family, and your priorities! “Desires dictate our priorities, priorities shape our choices, and choices determine our actions.” – Dallin H. Oaks To know more about “Your 3 BHK apartment in Hyderabad: Dilemma over ‘Standalone building flat’ vs. a ‘Gated community flat!” Click here!
What makes a ‘standalone apartment’ score over a ‘gated community apartment’ in Hyderabad?
What makes a ‘standalone apartment’ score over a ‘gated community apartment’ in Hyderabad? Hyderabad has the unique advantage of being a city where the small builders in the ‘standalone building apartment’ segment offer unbeatable advantages and offerings to home buyers of all categories. Be it the low-budget economy apartments below 1000 sft, or luxurious apartments measuring above 2000 sft, you have it all! The ‘standalone building apartments’ truly STAND-OUT with unbeatable advantages provided the home buyers are looking at the benefits/advantages that are outlined below. The advantages of the standalone apartment that score over gated community apartment- 1. More spacious apartments for the same price Let’s understand this with an example- If a 1600 square foot ‘gated community apartment’ in a certain locality costs 96 lacs (@ Rs 6000 per sft), the same sized apartment in a ‘standalone building apartment’ in that same locality would cost Rs 80 to 85 Lacs (@ Rs 5000 per sft)…lower by approximately Rs 10 lakh! In other words, if your budget is Rs 96 lacs, you could actually buy a ‘standalone building apartment’ which is really SPACIOUS– admeasuring over 1900 sft…which is 300 sft more SPACIOUS than the ‘gated community apartment’ counterpart for the same money! Space is undisputedly more important, especially, in the post COVID era! Companies (employers), as well as homebuyers in Hyderabad, have gotten comfortable with ‘at home’ work arrangements. This means that a home buyer seeks more spacious apartments if one had to stay put at home throughout the day. The same goes for the children, who need more space at home to study Within Hyderabad, the demand for 3 BHK and more spacious apartments have more than doubled over the last two years. Homebuyers are seeking efficiently designed homes that cater to SPACE related demands of the entire family 2. Decidedly ‘better location’ at a lower price The ‘standalone building apartments’ are constructed over smaller residential plots admeasuring between 400 square yards to 2000 square yards located in superb locations across Hyderabad- both closer to a place of work or away from it These smaller, open plots are usually located in well-established colonies which are preferred by home buyers Logically, the home-buyers prefer only locations that are high on social infrastructure, and also offer a peaceful environment a little away from the noise and air pollution This is why, wherever the ‘standalone building apartments’ come up, they are actually better locations, NOT because they are closer to their place of work, but, because they offer peace, tranquillity, and a lower-priced, YET A BIGGER HOME. 3. Low-density living- ideal for overall wellbeing Well-established colonies where these ‘standalone building’ apartments come up comprise independent bungalows as well, which makes them more spacious from a population-density perspective. You have lesser people per square kilometer as compared to places where you have a concrete jungle of high-rises clustered together For instance, a place like Sainikpuri or Yapral offers the best of both worlds, with low-density living, spacious areas to walk around, and clear air The green cover of a locality is also a strong motivator for a home buyer to choose a ‘standalone building apartment’ 4. Not paying additionally for unnecessary amenities This is an unbeatable advantage that standalone building apartments offer. You do NOT have to pay for the swimming pool, gymnasium, play areas, etc. These added, and often NOT USED amenities are simply NOT baked into the cost of the ‘standalone apartment’ you purchase Instead, you spend the same money for buying the SPACE INSIDE THE HOME, thereby, avoiding paying for something which you actually may not even use The homebuyers in Hyderabad, and perhaps, the world over, are realizing this need to pay for SPACE inside the house, rather than for external amenities. Those who were earlier inclined towards only tiny houses (2BHK or lesser) in plush gated-community societies are now wanting MORE SPACE for THEMSELVES (3BHK or more) in standalone building apartments 5. Relevant amenities that are actually used The presence of ‘relevant amenities’ like branded & spacious lifts, power back-up, security, lobbies, etc. make the ‘standalone apartment’ very attractive to home buyers in Hyderabad No one would want to pay for amenities and utilities that they are hesitant to use! Unnecessary human contact, when possible, is being avoided, and this NEW WORLD REALITY is there to stay for decades to come to world-over! 6. Same or even better-branded specifications Another unbeatable advantage is that there is NOTHING that small builders in Hyderabad cannot provide you, depending on what segment of home you are looking for The same premium/branded amenities, fittings, and fixtures are being provided by smaller builders who operate efficiently and professionally in the ‘standalone building apartment’ market You can choose to buy a Rs. 65 lakh high-end 3 BHK apartment in a standalone building in a cluster-living apartment (where you have 2, 3, or more neighbors on the same floor) Alternatively, if money is not a constraint, a home buyer could buy a spacious 3 BHK ‘EXCLUSIVE FLOOR’ admeasuring over 2200 sft for anything between Rs 1.3 crore to Rs 2.5 crore, depending on the location and specifications For instance, an exclusive independent-floor apartment admeasuring 2200 sft in Sainikpuri or Yapral could cost approximately Rs 1.5 crore All these unbeatable advantages make the standalone apartment very lucrative to home buyers in Hyderabad. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Buying a 3 BHK flat in Hyderabad? Get the most out of your home!” Click here!
5 Logical steps to buying bigger homes in Hyderabad!
Logical steps to buying 2, 3 BHK, or bigger homes in Hyderabad The city of Hyderabad has a wide range of residential offerings! You have a ‘gated-community apartment complexes’ spread over acres of land, as well as a host of ‘standalone apartment buildings’. Besides, the typical home buyers prefer buying bigger homes in Hyderabad, in reasonably well-inhabited localities on small plots ranging from 400-1500 square yards. There are hundreds of builders, both big and small catering to this category of home buyers, and offering them all the ‘relevant’ amenities. Considering this background, the suggested logical steps to buying a 2 & 3 bhk or bigger homes in Hyderabad are Let’s explore… 1. Obtain a thorough understanding of the cost of apartments/homes in Hyderabad Good research will tell you the approximate prices in different areas of Hyderabad For instance, a 2 BHK of 1200 sft in Hyderabad could range between Rupees 45 to 60 lacs depending on the quality of construction and location. A 3 BHK of 1400 sft could be between Rupees 55 lakhs to 90 lacs The different areas have different costs- West Hyderabad is more expensive compared to North-East Hyderabad (Kapra, Sainikpuri, Yapral) or North Hyderabad (Alwal, Quthbullapur) 2. Get mentally ready to ‘finance’ your apartment, and NOT freeze on ‘size’ early-on Get ready to think how you are going to finance your purchase– own money, and loan Also, check the extent to which you are eligible to get a loan from banks since the banks are more amenable to providing loans to employed individuals who are employed with stable employers, and who have age on their side Check on eligibility is a major step that needs to be sorted out before you buy your apartment The size of the unit can wait till you are clear on how to arrange your funds 3. Understand your family needs and requirement in the short-term and long-run Once clear about finances, think about a 5, 10, 20 year horizon of you and your family The immediate needs like proximity to place of work, being in a spacious/green/good locality Existing and future social infrastructure Unique requirements of children like schooling, upbringing, subsequent jobs etc. are to be thought about at this stage 4. Decide on ‘size & specifications’ of an apartment as per budget & family needs Once the needs are well-understood and evaluated freeze on the size and location Final decision to be a deliberate, pragmatic and open-minded exercise Choose the right, trustworthy builder with RERA and GHMC approvals who would give you possession on time Choose an apartment with ‘utility room’ and balconies Be open to an ‘open or semi-open kitchen’ More space is good, for ‘work from home’ and ‘study from home’ realities in a post-pandemic world While thinking of budget, a stretch of approximately Rupees 5 to 10 lakhs will always pay-off in the long run Similarly, more space is GOOD. Homes shrink faster than you think. More space will never hurt! 5. Make QUALITY a priority, and NOT get derailed from being ‘quality conscious’ without compromising on ‘QUALITY’ Let ‘LOW PRICE’ NOT become the single most important criteria to buy your apartment Low price means a compromise on quality Check the specifications being offered by the builder, branded accessories/fittings and construction material being used Pay more if required, but get a quality apartment for long term safety and better resale Alternatively, take a smaller apartment if budget is a constraint, but NOT compromise on QUALITY “If I were asked to name the chief benefit of the house, I should say: the house shelters daydreaming, the house protects the dreamer, the house allows one to dream in peace.” Gaston Bachelard ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “7 Things To Check For ‘Spaciousness’ In Your Builder Floor Apartment!”.Click here!
Reading floor plan with dimensions: a perspective to get a ‘feel of space’ while buying your 3 BHK flat in Hyderabad!
Reading floor plan with dimensions: a perspective to get a ‘feel of space’ while buying your 3 BHK flat in Hyderabad! Planning on buying a 3 BHK flat in Hyderabad? Not sure how to read into the dimensions of the design on the paper. This is just a suggestive guide, purely based on how ‘spacious’ you feel when you look at a certain space in a square foot of in any room of your 3 BHK or smaller/bigger residential unit. The focus of this article is really on whether or not the dimensions mentioned will be spacious enough to cater to your current and future needs. Also, to understand what the dimensions actually feel like once we actually move in with all our belongings. Reading floor plan with dimensions : Carpet area vs. Built-up area To begin with, we need to understand two things- Carpet area– this is the ‘net usable area’ available to you- RERA prescribes this to make it simple and easy to understand for the home buyer. This way, we exactly ‘how many square foot of area will actually be available to us’ Built-up area– This is the carpet area + walls In other words, [CARPET AREA + WALL AREA] = BUILT-UP AREA RERA clearly states that for registration of the residential project we need a carpet area available for sale, plus verandahs, balconies, and exclusive open terraces that are a part of the apartment being sold. Simply put, the carpet area comprises of Bedroom, Dining room, Dressing room, Kitchen, Study, Stores, Any other room, Bathroom, Balconies within the house, Staircase within the house Thumb rule for carpet area calculation (not necessarily true always) is about 70%. This means the carpet area is usually 70 % of the built-up area. For example, if you are buying a 1400 sft apartment (which includes walls), the carpet area will be 70% of 1400 sft, i.e. 980 sft. Classifying rooms in Small, Medium, and Big- for sake of simplicity The home comprises of many rooms. Let us assume our home buyer is a middle-class or upper-middle-class buying with a budget ranging between Rs 60 lacs to Rs 1.3 Cr for buying an apartment in Hyderabad ranging between 1400 sft to 2200 sft. SPACIOUSNESS ASSESSMENT GRID- An indicative measure based on a ‘feel of space’ Basis this range, let us arrive at what size approximately would be SMALL, MEDIUM, or BIG. Type of Space Small (area in sft) Medium (area in sft) BIG (area in sft) Bedroom 100 to 140 sft 140 to 200 sft 200+ sft Family lounge (hall) 140 to 160 sft 160 to 200 sft 200+ sft Kitchen 50 to 90 sft 90 to 120 sft 120+ sft Dining 100 to 180 sft 180 to 240 sft 240+ sft Dining & living (combined) 150 to 220 sft 220 to 300 sft 300+ sft Toilet 30 to 42 sft 42 to 80 sft 80+ sft Utility 25 to 40 sft 40 to 60 sft 60+ sft Balcony 30 to 40 sft 40 to 60 sft 60+ sft Puja 12 to 25 sft 25 to 40 sft 40+ sft [Floor plan with dimensions] These are only indicative measures, and are based on the ‘feel factor’. The intention is to give a sense of ‘spaciousness’ one may feel in terms of being small, medium, or big. [Floor plan with dimensions] So, there is no ideal mix of how spacious a bedroom, toilet, living, dining, or utility should be. The objective for a home buyer in Hyderabad should be to optimize space and choose the right 3 BHK (or bigger/smaller unit) depending on family needs and budget. What is visible on paper in terms of design and dimensions can be elusive. Once the furniture, household goods and family members move in, the real spaciousness can be felt. The more spacious your home, the more comfortable will be the living. So, know how much spaciousness matters to you, in which rooms, and how much! “You can’t have everything you want, but you can have the things that really matter to you.” – Marissa Mayer ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Small vs. Big 3 BHK flat in Hyderabad- what’s the difference?”. Click here!
Indian Economy indicators that make Indian Real Estate a promising investment- a perspective for homebuyers in Hyderabad!
Indian Economy indicators that make Indian Real Estate a promising investment- a perspective for homebuyers in Hyderabad! As an investor, the Economy of a country tells us whether or not it is safe to invest in a country in the first place! Whether it is Foreign Direct Investments, or Business investments, the health of the Economy of the country an investor thinks about matters above all else! Measures like Gross Domestic Product (GDP), the Stock markets, Unemployment rates, Consumer Price Index (cost of living changes), and consumer spending are some of the few dominant indicators that an investor considers before investing. So, it is safe to say that if a country does well in broad indicators, then the overall future of the country’s economy would make it a safe bet for an investor’s money. Going by the same logic, if the economy is on the growth path, there is a very strong reason to invest in real estate as well. The intent of the article is to provide a broader sense of direction and clarity to home buyers across India, and especially Hyderabad, about the major trends of the Indian Economy. [Source- https://pib.gov.in/ ] The reason why a home buyer in Hyderabad can confidently invest in a residential property in Hyderabad is because of all the right reasons! The Indian Economy indicators tick all the right boxes- India as a safe country to invest, in and Hyderabad as a vibrant city for investors across sectors!! [Source- https://econ.economicshelp.org/ ] Indian Economy Indicators- Trends, and facts that help us gain a clearer perspective! India is the fastest-growing economy in the world India will be amongst the top 3 economic powers in the next 10-15 years A robust democracy and partnerships in India are a matter of great pride for Indians Indian GDP- India’s GDP is Rs. 232.15 trillion (USD 3.12 trillion) from 2021-to 2022 India is No. 3 in the number of Unicorns produced. What is a unicorn? Ans: A unicorn business is a startup that’s valued at over $1 billion Over 83 unicorns from India are collectively valued at US$ 277.77 billion By 2025, India is expected to have 100 unicorns. More Indian Unicorns will also mean more jobs in India Indian Unicorns alone will create over 1 Lakh direct jobs as per the Nasscom-Zinnov report titled ‘Indian Tech Start-up’ [Source- https://pib.gov.in/] Indian Employment- India is looking at an increasing rate of employment growth by creating 9 crore non-farm jobs between 2023 and 2030s This will fuel productivity and economic growth in India as per McKinsey Global Institute If the net employment rate in India grows by 1.5% per year from 2023 to 2030, India will be poised to achieve an 8-8.5% GDP growth during this time period As per the Department of Economic Affairs, foreign exchange reserves in India reached the US$ 634.287 billion mark by the end of January 2022. This is a reasonably healthy reserve to hold [Source- https://pib.gov.in/] Recent development trends of the Indian Economy Indicators There has been an improvement in the economic scenario in India despite the pandemic Investments have increased across various sectors of the economy The private equity-venture capital (PE-VC) sector saw investments worth US$ 6.8 billion across 102 deals in November 2021 alone. This is 42% higher than November 2020 Indian exports between April 2021 and December 2021 stood at US$ 299.74 billion. This is almost 50% more than what it was last year during the same time period The Manufacturing Purchasing Managers’ Index (PMI) in December 2021 in India stood at 56.4. This is healthy for India. What is PMI Index? Ans: It’s an indicator of the economic health of the manufacturing sector, the Purchasing Managers’ Index is based on five major indicators viz. (1) new orders, (2) inventory levels, (3) production, (4) supplier deliveries and (5) the employment environment GST revenue collection stood at Rs. 1.38 trillion (US$ 18.42 billion) in January 2022. This is a 15% rise more than what was collected one year back FDI equity inflow in India stood at US$ 547.2 billion between April 2000 and June 2021. A very healthy trend India’s Index of Industrial Production (IIP) for November 2021 stood at 128.5 as against 126.7 in November 2020. What is IIP? Ans: The IIP indicates the performance of various industrial sectors of the Indian economy. It is calculated and published by the Central Statistical Organisation (CSO) each month Consumer Food Price Index (CFPI) – Combined inflation was 2.9% in 2021-22 (April-December) against 9.1% in the corresponding period last year. These are healthy trends. What is CFPI? Ans: Consumer Food Price Index (CFPI) is a measure of change in retail prices of food items consumed by the population. Under the CSO’s CFPI, the index gives food price level changes for rural, urban, and all India basis. Consumer Price Index (CPI) – Combined inflation was 5.20% in 9 months of 2021-2022 (i.e. April-December). This was lower than 6.6% in 2020-21 (during the same time) Foreign portfolio investors (FPIs) invested Rs.50,009 crore (US$ 6.68 billion) in the year 2021. A healthy indicator yet again! The wheat procurement in Rabi 2021-22, and paddy purchase in Kharif 2021-22 would include: (1) 1208 lakh (120.8 million) metric tonnes of wheat and paddy from 163 lakh (16.7 million) farmers, and (2) direct payment of MSP value of 2.37 lakh crore (US$ 31.74 billion) to farmers’ accounts [Source- https://pib.gov.in/ ] These Indian Economy indicators help us extrapolate the trends to the Indian Real Estate sector, especially with a clear conviction and inclination for investing in the city of Hyderabad as well. The home buyers, especially in Hyderabad, can safely invest in a residential home with all the Economic indicators at the country-level pointing in the right direction! “A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.” – William Baldwin ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Real Estate Investment: A Perspective For Indian Investors & Home-Buyers
Real estate in India on a growth path: a perspective for homebuyers in Hyderabad, 2022- part II
Real estate in India on a growth path: a perspective for homebuyers in Hyderabad, 2022- part II This is part 2 of the article. Please read part 1 for continuity and better understanding. Here we are understanding the strong indicators that show that Indian real estate has been extremely resilient since the outbreak of the pandemic. Clearly, Indian real estate has been one of the most resilient sectors even during lockdowns. The bigger picture indicates how real estate in India has been faring. An India-level report allows us to see things clearer since it applies to Hyderabad as well! Real estate consulting firm CBRE has highlighted some very enlightening facts in early 2022 that will encourage homebuyers in Hyderabad to stake their bets on real estate in Hyderabad. Some of the highlights that help us understand the trends are given below. Hyderabad, Mumbai, Ahmedabad, Chennai, and Pune have already registered rental growth in the range of 10-20% The rental has increased over the last year in cities such as Kolkata, Bengaluru, and Delhi-NCR (2%-7% year on year increase) Cold Storage (CS) facilities and capacity will double in India [Source- https://business.outlookindia.com/ ] E-grocery, food manufacturing and delivery sectors and life sciences will be real catalysts of growth [Source- https://smefutures.com/ ] [Source- https://www.news-medical.net/] [Source- https://www.prnewswire.com/] Retail sales are also growing, and demand would increase across categories in 2022 Demand for Quick Service Restaurants (QSR), supermarkets, electronics, and consumer durables will sustain, and stabilize in 2022 [Source- https://www.foodhospitality.in/ ] Stores will become multi-functional, and move away from being purely retail Omnichannel retail and hybrids retailing will increase. Brick and mortar retailing will be further strengthened by digital retailing. Hybrid retail is about using both e-commerce and bricks & mortar stores [Source- https://www.orangemantra.com/ ] Stores will offer solutions for supply chain issues of the logistics process. Especially, the last leg connect i.e. ‘final 50 feet’ i.e. “last mile” challenges of getting goods and people to their destination Greater focus on customer experience, and offer a superior experiential incentive to walk-ins by offering thematic stores, promotional events, expanded display areas Innovative F&B concepts will be key drivers in 2022 and beyond Impact on real estate in India Real estate is on a firm footing with the continued policy push and the economy picking up! Low mortgage rates will also be a key factor in driving residential growth [Source- https://www.moneycontrol.com/] Strong sales have been witnessed post Quarter 3 of 2020 No wonder, developers in India, including Hyderabad, are launching new projects, or offering newer phases within the existing projects Capital appreciation will be seen in 2022 due to such a pick-up in the sales momentum In fact, rising construction rates will see developers to passing on the increased price rise to homebuyers Mid-end and affordable segments will continue to drive momentum Even luxury housing categories are also witnessing a sharp rise for want of bigger spaces The affordable and mid-segment between Rs 45 lakh and Rs. 1 crore will push the demand for affordable and mid-segment homes in 2022 The per square foot residential home prices in Hyderabad are particularly attractive considering such a positive outlook [Source- https://getmoneyrich.com/ ] So, the indicators for real estate as a sector in India are very positive. Hyderabad will be a frontrunner in the growth path. The time is just right to confidently explore the right option for potential homebuyers in Hyderabad! Indian Economy is on the right track, and when the Economy grows, Real Estate development follows! “A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.” – William Baldwin ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Indian Real Estate On A Growth Path: A Perspective For Homebuyers In Hyderabad, 2022- Part 1”. Click here!
