Indian real estate on a growth path: a perspective for homebuyers in Hyderabad, 2022- part I
Indian real estate on a growth path: a perspective for homebuyers in Hyderabad, 2022- part 1 This article is meant to highlight the strong indicators and reasons to show how Indian real estate has fared reasonably well since the outbreak of the pandemic. Before we think of investing in Hyderabad’s real estate, we need to know how things have been faring at the country level. The intent of this article is to showcase how and why Real Estate has proved to be one of the most resilient sectors in the Indian industries. Once we have clarity on the Indian landscape, we can safely assume that the same logic applies to Hyderabad as well. This will also give a reason for home buyers a perspective on why serene and peaceful localities like Sainikpuri are just perfect for investment as well as for a superb living experience. Let us now understand the bigger picture of how real estate in India has been faring, both residential and commercial. The points mentioned below come from the real estate industry pundits and give us a good perspective. Real estate consulting firm CBRE has come out with a very enlightening report in early 2022 on the resilience of the Indian real estate sector. An India-level report allows us to see things clearly as it applies to Hyderabad as well. Some of the key highlights that help us understand the Indian real estate trends are given below. Leasing on the rise in flexible spaces will continue to rise in India What are flexible spaces? Answer- All space operated by third-party flexible office operators, including traditional serviced offices as well as co-working space. Flexible spaces can be open-plan. It includes small enclosed offices, whole floors, and buildings India remains strong position in the economy as well as promising growth projections across segments like office, industrial, and logistics (I&L), and residential segment Strong and continued government focus on infrastructure development and industrial growth Segments such as logistics and manufacturing will continue to grow in India A greater focus on ESG will boost Indian real estate, and the overall economy. What is ESG? Answer: ESG stands for Environmental, Social, and Governance. ESG gives importance to non-financial parameters that impact the business. This is good for the overall quality of life at the country level. It is all about a greater focus on health & wellness. ESG drove real estate growth is committed to driving energy efficiencies and reducing the carbon footprint I&L (Industrial & Logistics) sector will be a sunrise sector and will help the leasing segment of Indian real estate Indian markets will further mature in alternative segments such as life sciences. This will drive more investment opportunities in India More office space is as compared to 2022. Growth in demand for office space is over 13-14% as compared to 2021 Technology firms will lead the pack in leasing office space in 2022 Other industries that will take office space on lease in the times to come are: BFSI, engineering & manufacturing and life-sciences Major cities like Bengaluru, Hyderabad, and Delhi-NCR will drive growth in 2022 Over 50 million sqft (5 crore sqft) of new office space will become available in 2022 This means that office space would grow at 4-5% annually Physical offices have a future, and this is proved beyond an iota of doubt! A hybrid working model with work from home coupled with an office option shall be there to stay. This means that office spaces will continue to retain their importance There will be a great thrust on ‘Workplace strategies’ to improve productivity Six technologies to drive the real estate sector in 2022 and beyond will be: SaaS Artificial Intelligence Internet of Things Robotic Process Automation Virtual/Augmented Reality Blockchain Leasing in India will remain strong in 2022 and touching over 37 million sqft Leasing will grow more than 20% on an annual basis in India in the years ahead E-commerce and 3PL firms (third-party logistics) will continue to grow in India. This will further boost real estate growth Macro-economic recovery will continue in India. Plus, online retail penetration will help in the macro-economic recovery Next-gen logistics facilities will dominate the upcoming supply pipeline as warehouses will grow taller (vertical growth of buildings) in India So, Warehousing spaces will rise further in 2022 Continued up-gradation / expansion opportunities will come up in tier-I cities Newmarket penetration in lower-tier cities will happen Local distribution networks in emerging logistics hubs will growth of warehouses Over 35 million sqft (34 lac sqft) of new warehouses will become operational in 2022 Regionalization of supply chains across Asia Pacific countries will benefit alternative manufacturing hubs in India Overall, the trends indicate a positive shift for real estate in India. With such strong indicators, investing in real estate becomes a safer and assured bet in India, and in particular, in Hyderabad! “Extraordinary claims require extraordinary evidence.” . – Carl Sagan ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Real Estate Investment: A Perspective For Indian Investors & Home-Buyers [Part-I]” Click here!
Investment in Real Estate: a perspective for Indian investors & home-buyers [part-II]
Investment in Real Estate: a perspective for Indian investors & home-buyers [part-II] This is part 2 of the article. Please read part I. Investment in real estate can be rewarding and a wise choice to make in the long run! Whether you want to retain the property or sell it, you would normally never go wrong on a well-thought-out real estate investment. In India, those who invested in residential real estate in the past 7 decades have only gained from it. Besides, one simple yet compelling reason for investing in real estate is that ‘one should not put all the eggs in one basket by investing in volatile stocks and shares.’ Reasons that go in favour of investment in real estate- 1. Consistent and assured rental income possibility Your monthly rent inflow: a big relief on your EMI For example- if you have taken a home loan of Rs 1 crore for a property worth Rs 1.3 crore, your EMI each month will be approximately Rs 75,000 per month. With a rental income of about Rs 30,000, your outflow is minimized Plus, your tax liability goes down with many tax benefits available on Home Loans in India (See part I of the article), which means you are effectively having a monthly outflow of less than Rs 20,000 per month to own a property worth Rs 1.3 crore which will continue appreciating as you repay your home loan It is a known fact that home buyers on an average pay off their home loan in an average timeframe of about 10 years 2. Financial security for family One thing that the pandemic has taught us is to keep some savings for a rainy day. Besides, home buyers are now willing to have bigger homes and keep aside money for their home The importance of large spaces and a ‘home of your own’ has gone-up globally Plus, with investment in real estate, the down-trend of your property won’t be irreversible Property has a shelf life of over 100 years, especially, when you get a share of the land also along with the apartment you buy. Of course, with an independent home built on land, the gains remain high The value of apartments also goes up over a period of time. For example, those families who bought an apartment in Mumbai almost 40 or 50 years back, are now getting handsome returns even on their old apartments. These old apartments are valuable because of the land prices on which these old apartments are built on Investment in real estate is a long-term proposition. It is a forced saving and a very responsible way to lock your income into creating a long-term valuable asset Buying real estate is a wealth-building proposition! For this reason, many homebuyers invest in real estate to supplement their post-retirement income. Earning the monthly rental cash flow supplements your income. Selling your property is also an attractive option to make a profit By and large, Indians feel more secure knowing their money is invested in a safe investment (real estate) Leaving liquid cash in your bank account or investing the entire amount in the stock market is not wise! 3. Smart investments with assured appreciation and income options for the risk-averse investors Some of the smart ways to invest in real estate include- [Source- https://www.goodreturns.in/ ] 4. Pass-on real estate property to your legal heirs Many Indian families have grown rich just by holding on to their real estate investments over the last few decades, generation after generation! The thrill of passing on your real estate investments to the next generation is amazing! Also, it’s a great way to secure their future, and to make sure they are never hard-pressed for money or a comfortable lifestyle for decades to come! By buying and passing on your real estate assets to your loved ones, you build a legacy of your own! Inheriting a real estate property gives your legal heirs a real asset that’s income-generating! Capital appreciation is an irreversible process with real estate and a safety net for your family in difficult or unpredictable times! Your legal heirs can choose to either keep the property or sell it to earn windfall gains “Now, one thing I tell everyone is learn about real estate. Repeat after me. Real Estate provides the highest returns, the greatest values, and the least risk.” – Armstrong Williams ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Real Estate Investment: A Perspective For Indian Investors & Home-Buyers [Part-I].” Click here!
Real Estate investment: a perspective for Indian investors & home-buyers [part-I]
Real Estate investment: a perspective for Indian investors & home-buyers [part-I] Investing in a residential property is worthwhile for the simple reason that they are long-lasting and real! Hence, the name ‘real estate’! ‘Investment’ and ‘Real Estate’ when combined give you a formidable combination to secure your money and future! No wonder, we call it ‘Real Estate ‘- a real property consisting of land and improvements that include buildings e.g. property, plant, and equipment. Real estate investment is into tangible assets like fixtures, roads, structures, and utility systems. Why invest in REAL ESTATE? Be it an apartment, builder-floor, row-house, or an independent bungalow/house, Real Estate investment makes your portfolio of investments diversified and low-risk Helps you spread the risk, and not put all eggs in one basket! You prevent suffering a total loss by buying a property. A real estate investment comes in handy on a rainy day, and NOT investing everything in high-risk instruments like stocks and shares With Real Estate, you increase your chances to earn more, earn consistently and minimize losses Even if you are yourself living in your home (self-occupied), and have no intention of selling it, you still feel comfortable seeing your home value appreciate over time! Of course, real estate does need a lot of money to invest, but the reasons justify investing in real estate Plus, when you rent out your home, you become a business person and begin earning monthly rental returns on your investment Compelling reasons that make real estate investment promising Investing in real estate could be one of the best investment journeys of your lifetime! Here’s why- 1. Investing with borrowed money (home loan) is possible Let us understand this better with an example- For example- If you have a property worth Rs 1.25 crore, you could take a 1 crore loan if you put your own contribution of Rs 25 Lacs This means that with Rs 25 Lacs of your investment (own contribution) i.e. 20% of the total value, you can hold a property worth Rs 1.25 crore You pay the EMI of the home loan (approx. 75,000 per month as per current Indian interest rates of approx. 7%) The property automatically increases in value over a period of time For instance, in Sainikpuri, Hyderabad, a builder floor costing Rs. 1.25 Crore in 2022 is bound to appreciate beyond Rs 1.50 crore over 2 years…i.e. by end-2024 or early-2025. This means you can actually get a return on investment of Rs 25 Lacs on your own contribution of just Rs 25 Lacs along with the mortgage EMI that you pay. To counter the EMI, you continue getting rent of about Rs 30,000 per month. If it’s self-occupied, you are saving on paying the same rent yourself! So, it’s a win-win situation!! Let us look at a simple ‘Return on Investment’ calculation: You invest your own Rs 25 Lacs You take a home loan for Rs 1 crore You buy a property for Rs 1.25 crore You get a rental income of Rs 30,000 per month You sell it after 2 years of Rs 1.50 crore Even after paying for EMI, you end up getting a NET GAIN of Rs 15 Lacs on Rs 25 Lacs of your own contribution So, you invested Rs. 25 Lacs (own contribution), and ended up getting Rs 40 Lacs after 2 years Your annual ROI comes to 26% annually as given in the calculator below- [Source- https://www.omnicalculator.com/] 2. Ability to make your home attractive for resale You can make your apartment or home look more attractive with the right interiors, and other factors by working on them Sometimes, a great flat with the right Vastu, the right location, and the right amount of views could fetch you handsome returns Making a conscious choice to make this happen is very easy You can increase the rate of appreciation of your property by making the right renovations, repairs, and interiors. Basically, with the right packaging, your home could become even more attractive at the time of resale Sometimes, sensible cosmetic renovations and modifications alone can increase the value of your home by more than 10% to 20% It is common knowledge that real estate property appreciates by at least 5% every year, if not more 3. Tax benefits as you pay your home loan The Indian government has given many benefits to citizens to invest in real estate A home loan is eligible for tax deduction under Section 80C A home loan in India comes with multiple tax benefits that significantly reduce your tax outgo If a home loan is taken jointly, co-borrowers can enjoy tax benefits on their taxable income individually. So, the rewards of buying a real estate property on loan are great in India Some of these tax benefits are: Deduction for interest paid on a home loan. You can claim Rs 2 Lacs of interest paid as a ‘loss on house property’ and your overall income to the extent of Rs 2 Lacs annually becomes non-taxable. That’s a great benefit! Deduction on interest paid towards home loan during the pre-construction period. This is also capped at Rs 2 Lacs per annum Deduction on principal payment to the extent of Rs 1.5 Lacs annually becomes non-taxable out of your total annual income A deduction can be claimed on stamp duty and registration to the extent of Rs 1.5 lacs under section 80C Additional deduction under section 80EE is possible where a loan is less than Rs 35 lacs, and the property is less than Rs 50 lacs in value Additional deduction under section 80EEA is possible if the value of a property is less than Rs 45 lacs, and a loan sanctioned after April 2019 While the investment in real estate is big, the rewards are huge and long-lasting! “In investing, what is comfortable is rarely profitable.” – Robert Arnott ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “DO’s And DONT’s For A Real Estate Investor!“. Click here!
3 BHK builder floor apartment Investment in Sainikpuri, Hyderabad – an attractive proposition for investors!
3 BHK builder floor apartment Investment in Sainikpuri, Hyderabad – an attractive proposition for investors! Sainikpuri in Hyderabad is undoubtedly one of the most serene and nature-blessed localities. No wonder, even IT professionals who have their workplaces in the Western corridor or elsewhere prefer to call Sainikpuri their home! Buying a builder-floor 3bhk apartment is attractive in terms of investment too, and it’s a joy to see your home price appreciating with every passing month! 1. What does a builder-floor in the Sainikpuri locality mean? You get apartment space of over 2200 sft of spacious 3 BHK This apartment is usually part of a ‘standalone apartment building’ built on a 400 to 500 square yard of plot In Hyderabad, it’s normally a 5-storey building with 5 exclusive-floors When you buy a builder-floor, you get to ‘own the entire floor’! Excellent privacy!! You get amenities like exclusive lift access to your exclusive-floor You get a dedicated parking slot on the ground floor Whether you buy your builder-floor in Sainikpuri for self-use (your own family), or for renting purposes, you don’t lose out either way! Appreciation calculation of your builder-floor in Sainikpuri- suggestive If you want to buy a builder floor apartment in Sainikpuri purely for investment purposes, this is how it works: Scenario: You buy the 3BHK apartment on a home loan, and put it up for rent. Then you sell it after 2 or 3 years to gain appreciation out of your investment. The builder floor appreciates Rs 1.50 crore after 2 years (a safe assumption). The average price of a 3BHK builder floor = Rs 1.25 crore Likely price appreciation after 2 years = Rs 1.5 crore Total gain* after 2 years: (b) – (a) = Rs 25 Lacs Loan amount = Rs 1 Crore (Bank loan) Own contribution in buying home = Rs 25 Lacs (down payment) EMI on loan = Rs 75,000 per month approx. (pic shown below) Rent per month = Rs 30,000 per month Total rental income in 2 years = Rs 7.2 Lacs in 2 years Total EMI paid in 2 years = Rs 18 Lacs in 2 years Net outflow in 2 years (i) – (h) = Rs 10.80 Lacs in 2 years Money you get back (c) + (e) = Rs 50 Lacs in 2 years Net ROI** after deducting Net outflow = Rs 14.20 Lacs in 2 years Total Return*** = Rs 39.20 Lacs *Total gain (c) = (b) – (a), **Net ROI (l) = (e) – (a), ***Total Return m = (e) + (l) So, once the property appreciates to Rs 1.50 crore in about 2 years, you could sell off the property at a profit! You get Rs 25 Lacs after returning the Rs 1 crore bank loan. If you remove the outflow of Rs 10.80 Lacs in 2 years, you get your NET GAIN (NET ROI) of Rs 14.20 Lacs. This is just a lower estimate. Your gain could be more dependent on market forces. You get a capital appreciation of Rs 14.20 Lacs on your investment of Rs 25 Lacs (your initial down payment)….which means a return of 25.22% Your Rs 25 Lacs (down payment) becomes Rs 39.20 lacs in 2 years if you sell your builder-floor property in Sainikpuri The table below gives you a calculation based on your initial down payment of Rs 25 Lacs! (Rs 25 Lacs = your OWN CONTRIBUTION) [Source- https://www.omnicalculator.com/ ] Given below is the Home loan calculator for ease of reference- [Source- Home online calculator by HDFC Limited, 15th April 2022] This is just an indicative example of capital appreciation of your builder-floor in Sainikpuri. The appreciation could be more. Why will the builder floor apartment investment in Sainikpuri give such high returns? The reasons are simple- It’s Sainikpuri we are talking about, and it’s currently very affordable. So, excellent appreciation prospects over the next 2 to 3 years are a given! Land in Sainikpuri is getting more and more scare & premium with every passing month The social infrastructure and the locality of Sainikpuri is preferred by some of the most discerning home buyers (including NRIs) who value the quality of life with natural surroundings, Kapra lake, and more… With a builder-floor, you get a high share in the chunk of land as well. For example- 70+ square yards are yours in a 400 square yard plot in Sainikpuri (in 5 exclusive floors in the standalone building) Land prices in Sainikpuri are currently at Rs 50,000 are square yard, this will further easily breach the Rs 70,000 per square yard mark within 2 years….this means your profit on land alone is Rs 20,000 per sq. yd. within 2 years [Calculation- Rs 70,000 per sq. yd. minus Rs 50,000 per sq. yd. = Rs 20,000 per sq. yd. PROFIT in 2 yrs.] This means your 70+ square yards of the land itself will grow to over Rs 14 Lacs. Calculation- 70 sq. yds. x Rs 20,000 per sq. yd. = PROFIT of Rs 14 lacs on your 70 sq. yd. land alone! The cost of construction is bound to rise over the next 2 years. This also means your per sft rate of 2200 sft apartment area will also grow by at least Rs 500 per sqft Even if you do not sell your builder-floor apartment, you are happier to be owning a property in Sainikpuri that’s in demand! All this is a clear indication that investing in a builder-floor in Sainikpuri is an attractive investment option! ““The rich invest in time, the poor invest in money.” – Warren Buffet ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Investing In Real Estate Projects: Exploring Investment Opportunities For A Healthy Return!”. Click here!
Different types of split system ACs explained- exclusively for home buyers in India!
Different Types of Split System ACs Explained | Avisun Properties As a home buyer, we are required to install an air conditioning unit before we move into our new home. Doing so prior to moving in gives you better flexibility and a superior outcome on both aesthetics and functionality. The best part is that your family moves into a home that becomes immediately more welcoming and pleasant, especially, during summertime! [Source- https://www.bestunderr.com/ ] Basically, air-conditioning is all about simultaneous control of temperature, humidity, air motion, and cleanliness! Here, we shall talk about split system ACs. [Source- Google search: 14th April 2022] Types of split system ACs in India: Wall Mounted [Source- https://www.familyapplianceph.com/ ] [Source- https://www.lg.com/ ] Floor Mounted [Source- https://www.lg.com/ ] [Source- https://sammyhub.com/ ] [Source- https://sammyhub.com/] Ceiling Mounted [Source- https://www.hitachiaircon.com/] [Source– https://www.lg.com/ ] Multi Split-ACs [Source- http://airconrepair.net/] [Source- https://www.fujitsu-general.com/ ] [Source- https://www.indiamart.com/ ] Cooling Capacity [Source- https://www.rrstech.in/ ] Energy Efficiency Rating (EER) With these basics, you can avoid dilemmas, and choose the right type of split air conditioner for your dream home! “When you cannot make up your mind which of two evenly balanced courses of action you should take, choose the bolder.” – William Joseph Slim ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Home AC Basics: 4 important basics to know about air-conditioning of your dream home!” Click here!
Window AC Vs Split AC – An Easy Comparison For Home Buyers’ Clarity!
Window AC Vs Split AC As a home buyer who has just gotten possession of one’s dream home, you need to know many things about interiors. Air conditioning is an important element that goes into protecting your loved ones from the scorching heat of summer time! Plus, you have to balance your budget and priorities when it comes to air-conditioning. It also depends on the individual priorities, likes, and dislikes of each family member. Some family members may prefer a split air-conditioner, others may prefer a window AC. [Source- https://www.indiamart.com/ ] Some of us are very particular about looks and aesthetics and don’t want the air conditioning unit popping out of the window. Also, the window air-conditioner tends to take away some space from the window, reducing the inflow of natural light. The split AC on the other hand can be fixed on the wall. Plus, it looks way more elegant and pleasing as compared to a window AC. Both split and window AC require access to the outside for the outdoor unit. The split AC particularly has two units- an outdoor and an indoor unit. Additionally, a split AC needs a 3-inch hole in the wall for ducting purposes. On the cost front, a split AC may be cheaper than the window AC depending on the start rating and brand of AC being bought. Installation cost comes with both. Similarly, for your split AC you need to have space provided by the builder for placing your outdoor unit safely. All these factors need to be considered before you buy your AC as a home buyer. [Source- https://www.flipkart.com/] [Source- Photo by Max Vakhtbovych: ] Window AC Vs Split AC: Let us explore Window AC Vs Split AC, some of the main comparison points, and the right approach to help you make your selection with clarity. Pricing Space required [Source- https://www.amazon.in/ ] Energy consumption and efficiency [Source- https://top10talks.com/ ] Noise Cooling capacity Maintenance and serviceability [Source:https://www.youtube.com/] With this guidance on Window AC Vs Split AC, you can easily choose what works best for you! “The choice to take action to accomplish what you want or what you deserve is entirely up to you. No one is going to seek you out and no one is going to do it for you. It’s your move.” – Catherine Pulsifer ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Split AC Vs Window AC: A Perspective For Middle-Class Homebuyers In Hyderabad“.Click here!
How To Check The Quality Of Red Bricks For Your 2BHK Or 3BHK Home!
How To Check The Quality Of Red Bricks For Your 2BHK Or 3BHK Home! We are all aware that bricks are one of the most essential materials in construction. They are the building blocks of the structure, responsible for its durability and strength. When you hire a contractor for the construction of your house, you need to make sure that all the materials he uses, including bricks, are of good quality. The actor Will Smith once said, “I do not have to build a perfect wall today. I just have to lay a perfect brick”. We agree. So, how do you find the perfect brick? And what can you do to ensure the quality of the bricks you are using for your construction? In this blog, I’ll be discussing what you need to check when it comes to ensuring the quality of your bricks. A few tests that can be done even on-site to check the quality of red bricks: Uniform colour, size, and shape Red bricks should be well burnt. A rich red or copper colour indicates good quality, any other shade indicates the brick is over or under burnt. In such a case, the brick loses its shape. All the bricks should be of uniform size, without any bulky edges. The more the bulky edges, the more the mortar needed – which increases the cost of construction. Good quality bricks have sharp edges. Hardness Top-quality bricks resist scratches – when you scratch the brick with a sharp tool or fingernail, it should not show any sign of the scratch. Water Absorption A good quality brick absorbs less than 20% water after being immersed in water for 24 hrs. What if the brick absorbs more than this? It means it will also absorb the water from cement mortar during bonding, which will affect the brick bonding strength. This is how you do the water absorption test: (W2 – W1÷ W2) × 100 Homogeneity A good quality brick should be homogenous and compact. Break a brick and examine it, it should be compact and lump-free. Brick earth The brick composition should be free of stones, kankar, and any other impurities. Efflorescence on bricks The soil used for brick manufacturing should be free from sulphate, potassium and sodium. If not, the bricks may dissolve when they come in contact with water and so will not be suitable for construction. Efflorescence is the deposit of sulphate, potassium and sodium salts on the brick surface, usually white in colour. This is how you test for efflorescence. Place five bricks vertically in a flat tray. Pour distilled water into the tray up to a height of 2.5cm. Allow the bricks to absorb the water. Examine the brick after evaporation to check for efflorescence. Analysis of results: A brick is suitable for construction only if efflorescence is slight to moderate. The above test is the most simple and reliable test to check the quality of the brick at the site. Examine the frog of the brick Check the dimensions of the frog on the brick, it should be 100mm x 40mm x 10mm. Any size less than this leads to improper mortar filling. Anything more than the above dimensions will increase the amount of mortar required, making the construction uneconomical. The soundness of the red brick Hold one brick in each hand and strike them against each other. A metallic or ringing sound indicates good bricks. If the brick breaks, it is obviously not suitable for construction. Throw a brick from a height of 1.5m – a good quality brick won’t break when it falls from a height of 1.5m. This simple test can be performed at the site to check the quality of the red bricks. A good quality brick should also be chemically inert and should not react when it comes into contact with other materials. To know more about “‘Tiles For Home And Why They Are Important !“.Click here!
10 Essential Steps for First-Time Home Buyers: Your Ultimate Checklist
Buying your first home is an exciting yet challenging journey that requires careful consideration. Should you prioritize location or space? Understanding financial commitments, from down payments to ongoing costs, is crucial. This guide offers essential tips for first-time homebuyers, including the importance of inspections, negotiating post-inspection, and knowing your loan terms. Whether you’re ready to invest or still deciding, our checklist will help you navigate this milestone confidently and make key decisions for long-term satisfaction in your new home!
Tiles For Home And Why They Matter
Tiles for home and why they matter! It is nice to select good tiles for home because it gives a good look to rooms. Here are a few tips about tiles. With the various options available in the market, it’s a big and a real challenge to choose the correct tile for the right place. Popular tiles which are available in the market include Somany Ceramics, Kajaria Tiles, Nitco, Johnson Tiles, and Asian Granito. There are thousands of options in various categories for both wall and floor tiles. They are called vitrified tiles, ceramic tiles, porcelain tiles, cement tiles, quartz, stone, and even glass tiles available. It is really a big challenge for decision-making for the selection of tiles. 1. Basics of tiles for home The first step is to decide what kind of tile you need. For flooring, Vitrified tiles are the best choice since they are durable and can also withstand any circumstances. For walls, you can choose either ceramic or porcelain tiles as they are non-porous in nature and also they do not absorb stains. For outdoors it’s best to choose either matte finish or anti-skid tiles to avoid falls. 2. Sizes According to Structural engineers, large format tiles give a more spacious look. However, it is always advised to match tiles to the size of the room. If the room is small, and you use large size tiles on the floor, then the room will smaller look. For such a room, it is advised to go for medium format size tiles like 250×350 mm. Also, it’s a good idea to choose a size that can give a minimal amount of cutting and wastage 3. Right finish Nowadays with digital printing, it is now possible to recreate any pattern on a tile. Anyways, the pattern and design should not be the only factor to decide. It is always important to identify the right finish as well. Glossy tiles give a great look on walls, while stone finish tiles are good for exteriors. For bedrooms, wooden finishes are always recommended since they extend a warm feel while for bathroom and kitchen walls we can always go with metallics and mosaics in combination with plain tiles. In living rooms, natural finishes and designs opt while for restaurants it’s recommended to look for anti-skid, high resistance vitrified tiles with a pattern or a design. 4. The right color For flooring, it is recommended to for light colors to create a good look indoors. For outdoors we can experiment with darker colors. Light colors give a spacious look and for dark colors its maintenance is easy. 5. Plan It is always good to buy an additional 5-10% more tiles than your requirement. This takes care of cuts and breakages. Some companies will give discounts on used or cut tiles, find out and grab the opportunity 6. Find it right While there is always a trend to use contrast grouting at some point, it is always advisable for using a grout that matches the color of your tile. The main focus will be on having thin grout lines. 7. Mix and match tiles for home While a single tile laid over an entire surface gives a spacious feel, it’s a very good idea to go with 2-3 tiles to lend a good space. On floors, it is recommended to go with borders and a combination of two complementary tiles. For walls, one can use up to three tiles to give a different and interesting décor. We can always mix and match mosaic tiles with medium format tiles, metallic tiles with plain ones, play with patterns on one wall and use plain tiles on the rest and even use contrasting colors for a unique pattern. Most tile manufacturers sell tile concepts that are pre-set combinations. 8. Water absorption This is one very important thing to know in detail is to understand the tile strength. Tiles with less water absorption have a longer life since they are more durable.“Tiles are considered to be an investment for easy maintenance and hygienic living. Make sure you choose with care.” To know more about “Home AC Basics: 4 Important Basics To Know About Air-Conditioning Of Your Dream Home!“.Click here!
3 BHK in Hyderabad: why buy a new launch property in a standalone building
3 BHK in Hyderabad: why buy a new launch property in a standalone building? Planning on buying your 3 BHK in Hyderabad? Let us explore some valid and sensible reasons why booking a new 3 BHK in Hyderabad, especially in a standalone building, may just be the right thing to do! First, why are we talking only about 3 BHK apartments, and why NOT a 2 BHK flat? The reason is simple- while buying a property, it’s prudent to stretch by Rupees 10 to 15 lakhs and buy a more spacious home. For the average ‘middle class’ to ‘upper-middle class’ home buyer with a family of 4, a 3 BHK in Hyderabad makes more sense in the long run. Besides, taking care of your family’s needs, even the resale value of your 3 BHK unit in Hyderabad will be more than a 2 BHK unit. Plus, you will NOT struggle in the future for want of space. Many home buyers are constrained to sell their 2 BHK to buy a more expensive 3 BHK in a lesser-preferred location. Being a major decision of a lifetime, a 3 BHK unit in Hyderabad makes a lot of sense! Second, why ‘standalone building’? The reason is again to get MORE SPACE for the money you spend. With gated community living, you are paying for many amenities, which you may NOT use immediately. These are charged to you, and are baked in the ‘square foot price’ you pay. As a result, you get a much smaller 3 BHK. In a post-pandemic era, paying for more space INSIDE the house does seem to be a more appealing option rather than paying for a swimming pool, gymnasium, clubhouse, etc. Another huge advantage of a standalone building is that you get a LOW-DENSITY living advantage since standalone buildings with 5 floors are usually constructed in residential plots in Hyderabad. These standalone building plots normally measure between 400 square yards to 1500 square yards. Standalone buildings are located in well-established colonies, with much less clutter. This makes standalone building apartments safer, and much better located with the necessary amenities and social infrastructure around you, right from groceries to the necessary medical facilities. Why book a new launch 3 BHK in Hyderabad in a standalone building? Now, let’s explore the reasons why a new launch property in a standalone building makes sense! You can get home within a year with a standalone building. Hyderabad is a market where more than 95% of projects are being made by reputed builders on small residential plots. We get a ‘ bundle of benefits ’ with a new launch property in a standalone building, usually comprising 5 to 20 units depending on the plot size in Hyderabad. These ‘bundle of benefits are: 1. Cost factors are favorable when you book early and lock the lowest possible price 2. Initial booking resulting in a ‘choice apartment’ 3. Repayment of a loan becomes easy 4. Ability to ask for changes in design early on 5. Low-cost acquisition results in more price appreciation on possession 6. Chance to inspect and see the construction process 7. Peace of mind with RERA on our side So, it’s a safer and smarter bet to book your 3 BHK early on in Hyderabad and enjoy a ‘bundle of benefits. With the right knowledge, you can be well-organized in your approach, and can get optimum value for your money! “An investment in knowledge pays the best interest.” – Benjamin Franklin ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “5 reasons why buying a 3 BHK flat in Hyderabad in an interior location of an area may be a wiser decision”.Click here!
