Must-know basics of electricals for an Indian home buyer- part I
Must-know basics of electricals for an Indian home buyer- part I Electricals in your home must be taken seriously. A home buyer must be aware of what makes an electrical system in the apartment, and how to make sure that every member of the family is safe. With knowledge about the basics of electricals, one can be better equipped to make sure electrical fires or electrocution are kept at bay. One needs to know how ‘short circuit’, and make sure that your home is completely protected from any form of electric fire or threat of electrocution. Electrical safety needs to be assessed with a great sense of responsibility. While the builder is responsible for it, and the ‘occupation certificate’ is issued only once the builder follows all the measures to secure safety, it is still necessary to err on the side of caution. Electricity is inherently a dangerous thing, and we cannot see really witness how electricity flows. This can result in hurt or accidents, hence the need to understand the basics of electricals, safety-related measures, and equipment being provided to us by residential builders. basics of electricals for a home buyer Why is electrical safety important? The human body is a ‘conductor’ of electricity, which means it can cause damage to the human body upon contact Electricity is safe so far as it flows in the intended path. We must ensure there is no Direct or Indirect contact of the human body with electricity, and we remain protected Direct or Indirect Contact Ensure there is no live wire contact Have proper insulation to live parts, enclose them properly with high-quality branded wiring, and ways to break/stop any surge Direct contact is when we can come in contact with a live wire accidentally or through a current leakage To protect against injury for these reasons, features of the protection system in any electrical installation must be in place No compromise on the quality of cables or wires The cable must be made out of copper and complies with IS 8130 for insulation Aluminum wires are a strict no Know the distinction between Single-Core and Multi-Core wires, and use them appropriately Single-Core wire Multi-Core wires [Source- https://www.indiamart.com/] Single-core strands are normally used for house wiring. These are not having the extra black cover. We must make sure the PVC insulation of these is fire retardant and has a low smoke Multi-core wires are used for connecting an appliance with the plug. They are having the extra sheathing (black cover) which makes it safe Normally, light/fan circuits are wired with a 1.5 sq. mm cable. Plus, power plugs are wired with a 6/16A with 4 sq. mm. cable The builder should have followed the color code: RED, BLUE, YELLOW for phase, BLACK for neutral, and GREEN for earth wire. This helps avoid any unsafe issues when a repair or modification is needed Switch and Socket Switch or Socket needs to be high quality and able to withstand constantly being switched ‘on’ and ‘off’ High quality branded switches would ensure that they do not fail decades after they are used A poor quality switch and socket eventually weakens resulting in heating and insulation failure The sockets and switches in India are usually made as per Indian Standards, however, high grade and quality switches are usually more expensive than low ones Quality shows in workmanship, and the earth pin needs to be thick and long to avoid any shock to the person touching the appliance Sockets with a shutter ensure that kid do not accidentally put their fingers inside it Box to house Switch and Socket Panel [Source- https://dir.indiamart.com/] [Source- https://www.havells.com/] A Steel or GI Electrical box of good quality must be bought Using Steel/GI Box results in earthing and tripping of MCB Conduit [Source- https://www.indiamart.com/] Wires must not be laid open. Concealed wiring is normally provided by most builders and that’s safe! Rigid pipe or metallic pipe must be used by the builder for laying wires in the open With concealed wiring, mechanical damage does not occur, plus smoke does not spread because there is no oxygen available to cause its spread Concealed wiring is more aesthetic One should for a conduit (flexible or non-flexible) that is in accordance with Indian Standards Knowledge and safety go hand in hand. One must not take the knowledge about electrical devices easy! “No Safety, Know Pain. Know Safety, No Pain.” An anonymous quote ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Importance Of Home Insurance To Protect Your Dream Home And Life-Earnings!” Click here!
6 reasons why Interior designers are now being preferred to design spaces in Indian homes!
6 reasons why Interior designers are now being preferred to design spaces in Indian homes! The reason is simple- Incredible interior designs don’t happen by chance! Indian home buyers and owners are increasingly seeking the help of interior designers for added comfort and joy! Homeowners in India are now realizing that they not only deserve but, must also desire to live in an incredible space! Regardless of how big or small, your home is, your home needs to look amazing! Indian homeowners want their homes to be a reflection of their personality, status, feelings, and lifestyle. The interiors of a home need to complement the way you live your life. Great spaces in your home need to be carefully explored, planned and crafted by a professional interior designer. Indian mentality toward Interior designers is changing There was a time when Indians would get overwhelmed by the idea of hiring and paying an interior designer! But, that’s a thing of the past now. We now realize that a carpenter alone may not be able to deliver the level of finesse you can get with an interior designer. Plus, you don’t want to leave anything to chance even though you may have a clear vision of what your dream home must look like! Trying to explain what you think to a carpenter is not a very good idea. The results are often dismal when you depend on your carpenter to deliver the interiors of your home by spending anything over Rs 5 lacs or more on your interiors. A professional interior designer has the ability to conceptualize, and blend in your ideas with the designs that will bring you joy! Many interior design firms are now offering full suite services that are tailor-made to requirements including budgetary boundaries. Top six reasons why Indian homeowners are increasingly hiring an interior designer- 1. You save money in the long run 2. You save time and many unthinkable hassles 3. Get reliable, professional help backed by experience and right qualification [Source- https://www.pinterest.com/pin/847873067344125236/] 4. Coordination and execution efforts are superior 5. Optimum resources at work to give optimum results on your expectations [Source- https://www.pinterest.com/pin/549861435754381472/ ] 6. Stunning results that usually exceed expectations Clearly, with all this at play, you get a beautiful and cohesive home that’s highly functional. This is why Homeowners with discerning taste and wisdom are now increasingly seeking professional help from Interior designers in India! “There are 3 responses to a piece of design – yes, no, and WOW! Wow is the one to aim for.” – Milton Glaser To know more about “Is It Sensible To Hire Interior Designers In India For 2BHK Or 3BHK Flats?” Click here!
Is it sensible to hire interior designers in India for 2BHK or 3BHK flats?
Is it sensible to hire interior designers in India for 2BHK or 3BHK flats? The answer is a big YES. An interior designer helps your living space into a dream home, and that’s worth it! What most people do is call a carpenter and seek ideas from them on how to go about. This approach is fraught with risks because anyone other than the interior designer is not professionally qualified or equipped to match your needs with the available spaces. Plus, interiors go way beyond making cupboards and cabinets. According to Wikipedia, “Interior design is the art and science of enhancing the interior of a building to achieve a healthier and more aesthetically pleasing environment for the people using the space. An interior designer is someone who plans, researches, coordinates, and manages such enhancement projects. Interior design is a multifaceted profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design.” Carpenters vs. Interior designers in India? Are home buyers really realizing the importance Of interior design? Yes, the realization is dawning upon the home buyers. No wonder, the Indian interior design market is pegged at more than USD 23 billion per year (i.e. Rs 1,65,000 Crore)…and growing! This will go beyond USD 40 billion by the end of this decade (2030). Cities like Hyderabad are the largest markets for interior design! This simply means that home buyers are opting for interior designers to create the perfect décor for their dream home. Homebuyers in India are seeking class and sophistication now! You have University level programmes being offered in interior design, which is akin to Architecture. The element of ‘creativity’ and ‘functionality’ is fused with expectations and finer elements of life when we talk about ‘interior design’. Can that level of sophistication be achieved by deploying a carpenter? You have technology-based elements (many software tools, augmented reality, etc.) being used for shaping the interior spaces of various human dwellings. That level of detailing and desired results cannot be achieved by deploying a carpenter or by simply buying products off the shelf! With this background, let’s explore the reasons and current trends in India… 1. Indian markets are the biggest According to Mordor Intelligence, the home interiors market in India is pegged at touching 30 Billion The interior design business scope in India remains high with the Indian construction industry poised to grow With the Indian economy growing, demand for competent interior design professionals is also increasing 2. Interior designers in India offer great value- ease and functionality blended with aesthetics A professional touch is visible when functionality meets aesthetics 3. Home buyers treat their dwelling units as a holy place that’s safe and pleasing A change in attitude has also gone a long way for Indian home buyers Post pandemic, the desire to have more space and better-utilized spaces have increased 4. Home buyers looking within for requirements and inspiration No longer are home buyers looking at western websites alone for what they seek The homeowners are now able to ask for what they need The interior design need is now reflecting what the heart wants! 5. Exposure of Indians to the global trends Global travel and exposure online have also gotten the Indian homeowners to articulate what will suit their unique needs Family needs and requirements are taking a centre stage rather than blindly creating visually pleasing interiors Functionality blended with culture-specific and lifestyle-driven needs are on the rise 6. People seeking ‘technical’ and ‘aesthetic’ advantages of interior designers in India Recognition of what the interior designer can offer is increasing People are willing to pay for the long-term output that comes with an interior designer They are increasingly being felt as lifestyle enhancers, and worth the money they charge 7. Spaces matching homeowners’ imagination: interior designers’ ability to conceptualize interior designers in India come as a whole package of creativity, understanding, and the ability to translate your needs into reality Their ability to conceptualize and make it come to life is a rare talent that’s being given its due credit Overall, hiring an interior designer is a beneficial proposition. They give ideas to suit your needs and help you with designs that reflect who you are. Give you necessary elements like functionality, space, storage, visual appeal, elegance, statement, and much more! In fact, they give you design elements that help save money! An interior designer works as per your needs and budget, make things hassle-free for you, help complete work on time, and everything works well for you! “Design is not just what it looks like and feels like. Design is how it works.” – Steve Jobs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Facts about ‘false ceiling’ for new home buyers planning on interiors!”.Click here!
Is a 3BHK builder floor home in Hyderabad really worth buying?
Is a 3BHK builder floor home in Hyderabad really worth buying? Small-scale builders in Hyderabad are increasingly offering 3bhk builder floors (exclusive floors) that are built on small residential plots. These are generally more expensive than regular standalone building apartments or sometimes even gated-community apartments. The question is: why do the exclusive floors normally cost more than clustered apartments although they seemingly score low on amenities? Obviously, when you buy an exclusive floor in any locality in Hyderabad, you get the entire floor to yourself. Also, this home offers seemingly fewer and basic amenities like elevator access (lift), power back-up (DG set), and a parking slot for your car. Unlike gated community high-rise projects, you don’t get any gymnasium, clubhouse, sports facilities, or gardens. [Source- Photo by Pixabay] The question that arises: why are they priced higher than regular apartments in standalone buildings or gated-community projects in the same locality? For example- in Sainikpuri, a standalone building regular apartment may cost anything between Rs 4000 to Rs 4800. However, the ‘exclusive floor’ (builder floor) costs between Rs 5500 to Rs 7000. Why? Is it worth buying it? Let us explore the answer to this. It remains for you to determine what matters to you- 1. Exclusivity of ‘one-apartment-per-floor’ 2. You get to own a large chunk of land of the residential plot land where the 5-storey building is built 3. 3BHK builder floor: The specifications are usually better than regular apartments 4. Feels like a villa with an ‘exclusive elevator’ taking you to your floor 5. Low density living at its best 6. Social infrastructure and location of these are usually better 7. Higher return on investment in case of resale or investment 8. Gets more out of spaces under their roof 9. Superior privacy, status, and lifestyle An exclusive floor is for the discerning few ‘quality of life’ better for their home buyers! “It’s all about quality of life and finding a happy balance between work and friends and family.” – Philip Green To know more about “What makes a Rs. 1.5 crore, spacious 3BHK builder floor worthwhile in Sainikpuri location, Hyderabad?” Click here!
Small Builders Offer 2 BHK & 3 BHK Flats in Hyderabad
Small scale builders of standalone buildings are offering 2 BHK and 3 BHK apartments for sale in Hyderabad fulfilling the dreams of homebuyers! Small-scale builders in Hyderabad are working very well in offering great ‘value for money to home buyers in the ‘standalone building segment’. These builders of standalone buildings are making impressive 2BHK and 3 BHK apartments for sale in Hyderabad, and are equally premium in quality as some of the big gated-community builders! These standalone buildings are catering to the unique demands of those seeking true value for money, both in the economy and luxury segment. Unlike large gated community buildings, the builders of standalone buildings are offering 2 BHK and 3 BHK apartments for sale in Hyderabad are usually constructed in established colonies with excellent, pre-existing social infrastructure. Small scale builders offering standalone buildings’ 2 BHK and 3 BHK apartments for sale in Hyderabad Comfortable homes with superior quality construction The builders are keenly focused on creating efficient designs to cater to the post-COVID needs with professional architects and structural engineers at work Spaciousness, privacy, and work-from-home ready homes are the biggest priorities Pandemic has changed our lives forever, and the designs need to take care of family needs for such eventualities in the decades ahead Builders of standalone buildings have understood this, and the home designs, the rooms- kitchen, washrooms, living rooms, bedrooms, balcony, utility are all focused on creating more storage and a great sense-of-spaciousness Crafting dream homes of all sizes, all home-buyer Segments GHMC allows the construction of up to 5 floors only, which makes standalone building a ‘low-density living configuration- good for the well-being of the family. Lesser the crowd, the better! Plus, the standalone building segment is built upon small residential plots admeasuring between 400 square yards to 2000 square yards 2 BHK and 3 BHK apartments for sale in Hyderabad ranging from 1100 sft to over 2300 sft are being offered in the standalone building segment of 2BHK and 3BHK flats in Hyderabad This caters to all the segments- an economy segment of buyers who want a home between Rs 45 lacs to 65 lacs, the mid-segment buyers who target between Rs 65 lacs to Rs 1 crore, and the premium segment over Rs 1 crore The regular cluster living apartments are essentially for the low and mid-segment, where you have more than 2 apartments on the same floor For the more discerning customer, you have the exclusive floors (builder floors) with all sides open, and with exclusive elevator (lift) access taking them right up to their floor Builders getting conscious of their brand name and reputation Builders of the standalone segment are in the run for a long-term play. They want to be looked upon as dependable, sought-after builders in Hyderabad offering high-quality specifications in their offerings to attract the home-buyer segment With multiple projects being offered by each of these builders that are approved by GHMC and RERA (for bigger plots beyond 1000 square yards), they want to make a name for themselves Plus, these standalone building apartments get sold faster than gated-community apartments. Clearly, these small-scale builders have got the pulse of customer requirements The demand for standalone building apartments is high since home-buyers are able to get home loans for these attractive locations like Sainikpuri and Yapral Creating new-age designs with intelligent living spaces Builders are making no stones unturned to optimize space, design, utility, and functionality. These designs and floor plans offer spaces that meet or exceed the expectations of all family members The designs are now incorporate work-from-home options and cater to storage needs Excessive walls are being done away with to utilize every square inch of floor space by builders e.g. semi-open kitchen designs Willing to listen to the residents and focus on future needs Builders of standalone building segment are more than willing to listen to customer Besides efficient designs, they are able to customize the apartments at the request of buyers, especially, at the early stages of construction Striking the perfect balance between quality and affordability Builders of standalone buildings are able to cut down on extra costs because the added amenities like swimming pools, gymnasiums are not included in the price Besides, these amenities are not a must in the localities with excellent infrastructure. For example, for someone living in Sainikpuri or Yapral, the best air-conditioned and ultra-modern gymnasiums are available within 1 or 2 Kms. Similarly, the GHMC parks and gardens are also in the near vicinity. In fact, a place like Sainikpuri in itself is in the lap of nature, and people love to move out for morning and evening walks in this area Focusing on relevant amenities while choosing location and configuration Standalone buildings work out economical because you only pay for relevant amenities like elevator, power-backup, and parking area The money spent by home buyers gets them more floor space inside the house Those seeking to live in a large gated community are actually paying for the added amenities like clubhouse, swimming pool, and clubhouse. These added costs are saved with the standalone building segment Overall, the builders of standalone buildings have understood that their 2BHK and 3BHK flats in Hyderabad must make ‘quality of life’ better for their home buyers! “It’s all about the quality of life and finding a happy balance between work and friends and family.” – Philip Green ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Homebuyers Seeking For Luxury Apartments In Hyderabad, Your Search Ends Here. Your Dream Homes Are Available Right Here! (Part 1)” Click here!
Homebuyers Seeking The Best Apartments In Hyderabad- A Great City To Own A Dream home. ( part II)
Homebuyers seeking the best apartments in Hyderabad – A Great City To own a dream home ( part II) This article is about Hyderabad as a city that’s continually evolving as an awesome destination for Homebuyers seeking the best apartments In Hyderabad! facts that make Homebuyers seek the best apartments in Hyderabad – an attractive place to call home: 1. Trustworthy law & order situation in Hyderabad [Source-https://www.youtube.com/watch?v=nCgtudkeb_E ] Hyderabad continues to remain one of the safest cities to live in India With State police units committed to keeping the city safe and happy, Hyderabad is a great city to have your home The per capita income of Hyderabad being high, and employment opportunities being high are also one of the reasons why the difference between ‘haves’ and ‘have-nots’ is not felt. Residents of Hyderabad are by and large gainfully occupied, and the city is self-sustaining from an employment point of view Smart policing is already taken off well with Hyderabad police and initiatives like ‘Integrated Police Information Hub’ offer a 360-degree view of citizens in Hyderabad All this has done well to get more Foreign Direct Investment into Hyderabad 2. Daily office-going, and out-going culture bouncing back in Hyderabad [Source-https://www.youtube.com/watch?v=UPRKkSU5_40 ] [Source- https://www.youtube.com/watch?v=y7Af5dn3W1c] [Source- https://telanganatoday.com/ ] The pandemic days are getting behind us, and you see people getting vaccinated and returning back to their normal lives This also gets a positive fervor at workplaces People are increasingly visiting places to connect with their friends while observing COVID protocols and social distancing The entertainment hubs, malls, and eateries are again bustling with activity 3. New shops, eateries, and commercial spaces are being occupied [Source- https://www.zomato.com/] You see new shops, and commercial establishments being occupied The number of eateries is going-up People are getting back to gymnasiums, schools/colleges have re-opened, and life is back on track in Hyderabad People are stepping out of their homes, and while observing COVID-appropriate protocols, are enjoying social-connect with friends and family 4. Residential over-supply is less in Hyderabad This is the best part about Hyderabad The inventory overhang is the least in Hyderabad Hyderabad’s inventory overhang reduced to 30 months by the end of 2021 This means the unsold houses in Hyderabad are the least in the county, and people are buying the best apartments in Hyderabad This augurs well for Hyderabad 5. Reasonable cost of living and rentals in Hyderabad The cost of living is low, and even rentals are reasonable even if you wish to live in the Gachiblowli area This makes Hyderabad a city that lows on cost, unlike Bengaluru and Mumbai According to Mercer’s Quality of Living survey (2019), Hyderabad is continually voted 5th consecutive tine as the Best City on quality of living Hyderabad is among the least expensive city for accommodation as per the Teleport survey The information technology, pharmaceutical among others make it a great employment hub 6. Scattered commercial hubs and micro-markets in Hyderabad With multiple micro-markets, you have no central market. Each area has its own micro-market Many micro markets have developed across Hyderabad viz. Tellapur, Kondapur, Miyapur, Kukatpally, Suchithra, Alwal, Sainikpuri, Yapral, Tarnaka, Uppal, Ghatkesar and so on. The list goes on, and all these areas boast of self-sustaining social infrastructure For example, those living in Sainikpuri are dependent on the shops and commercial establishments in and around A.S.Rao Nagar. Similarly, those in Kukatpally or Jubilee Hills depend on the social infrastructure in their own area “We shouldn’t measure everything in terms of GDP figures or economics. There is something called quality of life.” – Nigel Farage ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Homebuyers seeking For luxury apartments in Hyderabad, your search ends here. Your dream homes are available right here! (Part 1)” Click here!
Homebuyers Seeking For Luxury Apartments In Hyderabad, Your Search Ends Here. Your Dream Homes Are Available Right Here!
Homebuyers seeking For luxury apartments in Hyderabad, your search ends here. Your dream homes are available right here! (Part 1) Hyderabad as a city is transforming at a very rapid yet sustained pace, making it a preferred destination and an awesome destination for home-buyers of Luxury Apartments in Hyderabad! Many interesting facts, positive changes, and transformations go in favor of Hyderabad in securing her long-term growth. Some of the facts that make Hyderabad an attractive destination for discerning home buyers are: 1. Pandemic fuelled the phenomenon of suburban life in Hyderabad Work from home has come to accept as a fruitful way of life in Hyderabad Wellness, health consciousness, medical care, and quality of life have taken precedence over other worldly factors The phenomenon of preference for sub-urban life has come to stay Sub-urban areas in Hyderabad like Sainikpuri, Yapral, Alwal are some of the lower density areas that separate residential and commercial areas from one another Homebuyers are seeking to stay away from the concrete jungles of offices and are seeking solace in peaceful areas, and in the lap of nature 2. luxury apartments in Hyderabad: Nuclear families causing a steady demand Nuclear families who have migrated to Hyderabad, both from within and outside of Telangana State, are positively helping spruce-up demand for residential units Owning a home in the beautiful city of Hyderabad is a matter of great pride for home buyers 3. Young generation looking for an experienced and wellness Experience for a good life includes social connections, eateries, good places to hangout, gymnasiums, wellness, sport, organic foods among others Hyderabad offers these both within gated-community apartments and in various happening localities within the city Those who opt for standalone buildings also get the experience of good social infrastructure with all these readily available in close vicinity, without having to travel too far for what each one seeks. The needs of all family members are met In Hyderabad For instance, in Sainikpuri, you have many standalone building apartments, yet the social infrastructure is excellent- be it eateries, playgrounds, shops, branded stores, etc. 4. Government officers and professionals wanting to live away from city traffic1 Both professionals (Service sector) and serving/ retired government personnel are seeing luxury apartments in Hyderabad in both central locations, and suburbs– around 40 to 50 Kms away from central areas of Secunderabad/Hyderabad Being away to the extent of about 40 Kms is no longer considered as being ‘far away’ from the city This is because the population of Hyderabad is already beyond 80 lacs, and the social infrastructure to match that has closed in The State government and excellent grip GHMC has on the civic amenities is praiseworthy, as compared with many other cities in other states in India The State Government is continually making efforts to make the city decongested, well-connected, safe, and beautiful to live-in 5. ORR helps add charmed and attraction to suburbs around Hyderabad [Source- https://en.wikipedia.org/ ] Outer Ring Road has put all the areas in the spotlight and made all the areas equally well-connected and lucrative from an investment perspective You are close to the airport regardless of where you live in Hyderabad and can enjoy reaching the Airport by driving your vehicle to a speed of 100 km per hour regardless of where you hop on to the ORR ORR in Hyderabad is the single most important factor that has made sub-urban life attractive and pleasurable for the residents of Hyderabad. 6. International schools, educational institutions, super-specialty hospitals all across Educational institutions have cropped up in all the suburban areas. No one can say that one part of the city is better than the other on this front Good health care is available across North, East, West, South, and Central Hyderabad The same brands of hospitals can be seen all around. You have many super-specialty hospitals all across Hyderabad The healthcare system in Hyderabad has kept pace with the growing population This singular factor makes Hyderabad particularly attractive to home buyers, and even NRIs Foreigners are increasingly visiting Hyderabad for healthcare reasons. You have hospitals in Hyderabad that offer world-class healthcare facilities and technologies “It is good people who make good places.” Anna Sewell ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Housing Sector In Hyderabad, And Preference For Builder Floor Apartments In 2022 And Beyond!” Click here!
Financial planning for a salaried person to consider before buying an apartment in Hyderabad- part II
Financial planning for a salaried person to consider before buying an apartment in Hyderabad- part II In this article, we are considering the financial constraints and related priorities of a home buyer. The article is meant for a home buyer who is a working professional, and is dependent on a salary. We shall continue our discussion on financial & related factors one needs to consider before buying an apartment. Why should a home buyer be thinking so hard about finances? Well, buying a home means you are virtually pumping in almost a decade worth of your income into a property. It could even be as high as half the income a person earns in one’s lifetime. Financial planning for A salaried Person to buy a home a home buyer has to think in terms of both financial, health-related, and emotional aspects… to strike the right balance! Family requirements, budget, and add-on costs to buying a home [Source- Photo by Kelly L] If the family requirement is a bigger home, then you could choose localities that are reasonable yet well suited. For instance, the Yapral, Sainikpuri belt in North East Hyderabad is a reasonable spot with excellent social infrastructure and lots of greenery! Choices you make depend on family priorities: Example 1- For a budget of Rs 80 lacs, should you can buy a small 2BHK in a job hub like a Hi-Tech city area, or a 1400-1600 sft 3BHK in areas like Sainikpuri or Yapral. Option1- If family priority is to live near the area of work, then Gachibowli is a good option. Option2- If family priority is more rooms, a home in the lap of nature, and travel is not a constraint, then Sainikpuri/Yapral would make more sense Choices you make depend on family priorities: Example 2- For Rs 1.3 crore, you get a spacious 1600-1800 sft apartment in a Hi-Tech city area, whereas, you can own a 2500 sft, 3BHK ‘builder-floor’ in Sainikpuri‘. Option1- If family priority is to live near a Hi-Tech city, then that works well. Option2- If family priority is more rooms, and having a home ‘with one apartment per floor’ exclusive lifestyle, then an area like Sainikpuri would make more sense Factor in registration cost, stamp duty, service taxes, maintenance, insurance, etc. which can go up to 8% to 10% of the cost of the apartment Besides, you need to have a good amount of budget ranging between Rs 2 lacs to Rs 5 lacs for minimalistic interiors as well Plus, you need to be prepared for unexpected expenses that can crop-up anytime 2. Your credit score in CIBIL for home eligibility matters CIBIL has to do with your finances and determines your creditworthiness and repayment capabilities CIBIL is all about how good you are at repaying your debt once you take a loan CIBIL scores are a measure of how good you are, and how prompt you are in returning the money you borrow. It ranges from 300 to 900 It gauges your credit tendencies, your financial habits, and your existing financial standing to determine your score. It is an indicator of your financial prudence, character, and intent over borrowed money! A CIBIL score of more than 700 is a good reflection that a home loan lender can trust you with their money With a good CIBIL score you get good bargaining power, a good (low) interest rate, a higher loan amount, and faster approval of your home loan application So, maintain a good credit history be it credit cards, small loans like personal loans, etc. 3. Home loan repayment tenure and likelihood of future financial stability Investing at a younger while opting for a home loan is better, as you have more energy left in you to safely earn the amount A loan application does count the earning years you have, else, you end up getting a shorter tenure and heftier EMIs while repaying your home loan Something only you can tell is how safe you think your future prospects are, how you are faring on health-front Investing time in your own wellness and health is also important. You must also invest in exercise and eating healthy so that your body and mind remain in excellent shape Your personal health & fitness is linked to your financial stability. You can earn for a longer duration extending beyond two decades (tenure of home-loan) only if your body, mind, and spirit are in harmony with one another! 4. Balancing finances with location and future capital-appreciation aspects It is prudent to know what your priorities are. For instance, If you are sure you won’t live in the apartment, then you could look at measures like locations that will appreciate in the years ahead So, if you are likely to sell your asset within a decade or less, then might as well invest in a place that has a greater potential for appreciation, and resale is comparatively easier In Hyderabad, for instance, there are many pockets where the apartment rates are right now low and are likely to appreciate more than others Weighing the current and potential future development of the locality in Hyderabad is important With an all-round development and social infrastructure growth, almost the entire Hyderabad is attractive from an investment perspective, and excellent capital-appreciation prospects 5. Legally safe apartment- RERA approved property Homebuyer must get a list of RERA approved properties only The banks won’t be offering a home loan if RERA approval is not in place Choose the right apartment based on your requirements and budget With your finances, credit scores, legally-safe options, good personal health, and priorities in order, you can safely tread on the path to owning a beautiful apartment in Hyderabad. “Money, like emotions, is something you must control to keep your life on the right track.” – Natasha Munson ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Home Loan For A Salaried Person: Financial Aspects Must Consider For Buying An Apartment In Hyderabad- Part I!” Click here!
Home Loan For A Salaried Person: Financial Aspects Must Consider For Buying An apartment in Hyderabad- part I
Home Loan Guide for Salaried Persons in India | Avisun Properties Hyderabad offers a huge range of apartment options. For a salaried professional from a middle class to upper-middle-class income bracket, these can range broadly between Rs 35000 to over Rs 12000 per square feet, and cost anything between Rs 50 lacs to Rs 1,5 crore. Plus, the sizes of these apartments can range from 1000 sft to over 3000 sft in the luxury to economy specifications range! The typical middle-class budget of a home buyer is approximately Rs 50 to 80 lacs for a decent-sized 2 or 3 BHK apartment. Those in the upper-middle-class segment in Hyderabad can stretch up to Rs 1.5 crore for a decently spacious 3 BHK apartment or even an independent builder floor. In this article, we shall consider the financial aspects, constraints, and priorities of a home buyer- a working professional dependent on a salary, who is assessing ‘what can money buy for me?’ home loan for A salaried person: financial aspects that are needed to delve into are- 1. Your financial condition including ‘eligibility’ to get a home loan 2. Dual income help increase your home loan amount [Source- www.bankbazaar.com– home loan eligibility calculator used as specified] [Source- www.paisabaazar.com– Home loan rates as of 02nd March 2022] 2. Ability to make an initial down payment 3. Home buying options you may choose if you are financially well-off [Source- HDFC bank EMI calculator] [Source- HDFC bank EMI calculator] ] 4. Tenure of home loan linked to your age When you are clear about what’s important, you can confidently manage your finances in buying your dream home! “When you know what’s most important to you, making a decision is quite simple.” Anthony Robbins To know more about “4 Things To Know About Home Loan Application Process”. Click here!
Walk-in Shower ideas for small bathrooms
Walk-in Shower ideas for small bathrooms to optimize space & utility in Indian homes Space needs to be optimized carefully when it comes to a bathroom. Regardless of how big or small your Indian apartment is, the size of the bathroom usually remains around 50-70 square feet. You can still fit in a walk-in shower in a small bathroom, and feel refreshed upon using it. The layout, designs, tiles and colours can all work for you to give a beautiful walk-in shower space. Let’s explore some of the ways that your walk-in shower can turn out beautiful and convenient… 1. Corner walk-in shower ideas- super space savers [Source- https://www.bjcbathroomsandkitchens.com/] [Source- https://www.homedepot.com/] 2. Neo-angled walk in shower enclosures [Source- https://www.rwcnj.com/] [Source- https://www.vigoindustries.com/] 3. Move away from tubs to create better space 4. Wall partitions serve as demarcation for walk in shower [Source- https://www.pinterest.com/ ] 5. Use toughened glass shower door for maximum natural light [Source- https://www.jaquar.com/ ] 6. Use small and long shower trays [Source- https://www.reuter.com/ ] 7. Using light colours in bathroom to enhance spaciousness [Source- https://www.pinterest.com/] 8. Using vertical tiles for a spacious look and feel [Source- https://www.pinterest.com/ ] 9. Use furniture that fits in well, without protruding disproportionately [Source- https://victoriaplum.com/] “I’m O.K. having a comfortable life. I don’t have to live in a mansion and drive Aston Martins or Ferraris.” Mya To know more about “Bathroom Storage Ideas: 5 Storage And Space-Utilization Ideas To Get The Most Out Of Your Indian Bathroom!” Click here!
