Real Estate Buying Tips

Why Living in a Rented Property When You can have your own?

By mzadmin,November 17, 2015

Considering all the perspectives of prices in the market it is very crucial for the end user to think that he should go for rent or in buying his own property. Buying the own property is somewhere more considerable as the rent which we pay to landlord never comes back, however it is possible to get the finance done on home and pay to the bank rather than the rent as at the end there will be great output from the same i.e. your own house.

Earlier people used to consider the location as their preference and then used to decide upon the rent or owning the house. However now the time has changed and there are many new concepts in terms of housing facilities comes into the picture. Manglam which is the top realtor of Rajasthan offers many variety in product wherein they have the option for customers which can turn out to be the savings for them and it says that whatever rent they are paying outside they can easily pay as EMI’s to the company and can own their own house rather than paying the EMI’s as well the rent.

Time passes very quickly and owning our own house is always a best option as it has been considered to be the biggest assets of life, also the difficult decision because it needs lots of brainstorming on price, location however once it’s done then life can be easily spent in comfort in your own house.

There are pros and cons of Rental options; let have a look

WHY?

When you are renting a house

Maintenance is no worry
Monthly cost can be lower
You do not need to worry about major maintenance cost.
You can rent out as per your requirement, if your workplace is far from the city one can have many other and better options for renting a flat at the outskirt, if it is within the city then indeed there is no problem in renting the flat.
You can easily move at another place if you in case doesn’t like the locality and if you like and consider the location worth then buying your own house in same locality can be the option as well.
You can really have the many options to buy in the same locality, and living in the rent on same area can give a good feel of area as well as one can know about the nearby facilities.

WHY NOT?

Rent given can never become your savings neither it will come back; so it’s better to pay EMI’s of home loan.

Bad landlord always troubles you and can always to fetch the money from you over the name of maintenance or small repairs.

In rented house there always a limit in decorating the house or doing anything extra. Also it is very off feel of doing extra work in the house which is not yours.

Buying a flat will surely secure your future so it’s better to own!

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High Rise building

Priority of High Rise building should be the safety measures!

By mzadmin,November 13, 2015

Nepal has bought a lot of sense of security in terms of high rise buildings. After the earthquake and severe tremors everybody gets gives high preference to the security aspects specifically in eastern India.

As per the new study of sky is the limit the average number of floors are 6-15 , 16-25 and 26-35 Floor. Comparatively it is proven that Mumbai has these kind buildings more than Bangalore and NCR. However it is very important to be prepared especially in high rise buildings for any natural calamity with mere or no less.

Construction is a huge field wherein people are learning different measures and techniques to implement in the infrastructure. These days there are many institutes and agencies who train the civil engineers on new techniques. Earthquake resistant structure is very much known by the public and they prefer the same also to avoid any difficulty later.

Government is also running a lot of projects on construction training so that the overall infrastructural are it the low level building or the high rise ones should be constructed with expert’s knowledge and new techniques.

Apart from Tier I cities Tier II and III are also having a huge scope of commercial and residential building. There are many IT/BPO’s/KPO’s are opening up in Tier II cites and because of the same the demand of residential as well as commercial projects has been increased real estate market these days.

There are lot factors which one should identify while constructing the high rise buildings

To analyze the fire risk attached with it
Understanding the strategies to solve the fire challenges
Specially how the fire safety measure work independently as well as together

Below are few specific points which should be taken into consideration

Unsuppressed fire always creates a lot of smoke horizontally and vertically so proper ventilation should be planned as well as fire extinguishers should be well kept at every possible corner. There should be well planned emergency exits on every floor at both the sides.

Points to Remember

Every High Rise building should have at least two staircases.
Every slab or balcony overlooking any exterior or interior open space which are 2 meters or more below shall be provided with parapet walls or guard rails of height not less than 1.20 meters and such guard rails shall be firmly fixed to the walls and slabs and may also be of blank walls, metal grills or a combination of both.
Every opening provided to ducts from the interior of a building should be closed with strong material.
Every high rise building which has more than 16 dwelling units shall be provided with at least one lift capable of carrying a stretcher.
Where access is provided over the terrace floor or to the terrace floor, the edges of the terrace floor shall be provided with parapet walls made of stable materials to a height of not less than 120 cms.

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Real Estate Invest in Jaipur

Make your Festival comfortable with Attractive Home loan Schemes

By mzadmin,November 7, 2015

What is better than owning your house rather than feeling emotionally sad about not able to do the decorations as per our desires because of the landlords, hesitated to spend in the renovations also because the tenant never know when he has to shift. May be after 6 months the renovation money which had been spent will go in vein.

Advantage to the women borrowers:

It is the universal fact that women are more excited than the men to decorate her house and keep it tidy and clean. The scheme is already in the market wherein the women can take home loan on lower interest rates. As per the proposed scheme the borrower should be sole applicant or can be the co-applicant as well however the priority will surely given to female applicant. She should be the first owner of the fund. The interest rate on above 75 lacks will be 10.10% rather than 10.15 especially to the female borrowers.

Schemes of Private Banks:

The banks are providing the exceptional rates to on the schemes wherein the base rate of the bank on 2 Cr loan will be 10.25%. One of the private financial institutions is offering a waive off of the previous 12 months Installments, if the loan borrower has a good a record of loan repayment on 20 years of the home loan.

Every category is being benefitted:

This is not necessary that one will not be benefitted if they have a small budget, they can still be benefitted with home loans range from 1 lack – 25 Lack. The loan will be given only to those whose income is greater or equals to 8000/- and the starting area of the size should be 325 sq ft. Fixed and floating options are available.

Females these days gets unlimited benefits by the financial banks as well as NBF’s wherein the interest rates are comparatively very lower than what is there in the market. It is just that the customer should be well aware of the variety of schemes available in the market which allows the customer to get the benefits out of it

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