Checklist for Buying Your First Villa

Checklist before Buying Your First Villa

Purchasing a house is a significant priority for everybody, but there are several elements to think about before leaping. Before you embark on the journey of buying your dream house, here’s a checklist that ought to make sure that it is a hassle-free encounter.

Location: Is another thing which you have to think first because Real Estate is all about location. Go for places which are still developing stage as your investment can get you better yields through recent year’s means you don’t have to wait for long time to get the result. However, ensure that the planned home is not too far from significant daily facilities such as grocery stores, schools, hospitals, bus-stops, etc…
Financial Aspect: This is also a curtail part before going to invest in the villa have a fantastic look at your finances so that its clear to your mind that how to play with the money factor. Many people choose a pre-approved house loan according to their earnings strategy for the next several years. When looking your EMIs, make sure it will not affect your way of life, but nevertheless leaves you financially comfortable.

Facility: These times are for living in gated communities such as villa row houses. All these include excellent amenities for both adults and children to stay fit and participated, besides 24×7 safety for you and your loved ones. You also get your very own exclusive backyard and garden with villa houses. And should you just happen to be purchasing in Bangalore, take a look at the “Shravanthi Oakridge” developed by the Shravanthi Group. These exquisitely-designed villas built on 4.5 Acres of land at Kanakapura Road with 77 luxury villa.

Builder Reputation: Since they’re more likely to be clear and above-board in their dealings — after all they have a good market brand name to protect. Take time to look and research at their delivery deadline of project. Shravanthi Group comes with an unbeatable record in this issue having more than 25 years of experience and delivered more than 50 projects. The business is customer-centric and provides transparency in transactions.
Investment Analysis: To be sensible when purchasing a house, as you has to think in terms of resale values and rental incomes. South Bangalore offers excellent investment potential as well leasing incomes from prestigious villa homes in gated communities, thus making them excellent investments.
Legal Documents: Last but not the list is verifying all the legal documents and ensure all clearances from the local authorities.

Other Article

 

 

5 Reason why to choose ready to move in villa or flat in Bangalore

Real-estate investment is very lucrative business, Are you Confused with the really considered investing in a house. The availability of so many choices from pre launch to why ready to move in villa or flat in Bangalore will certainly leave you bewildered. Under construction jobs are often shown to be insecure as anything could occur in the phase of building. If the builder goes out of money or any undesirable circumstances occurs then there’ll be a delay in providing possession.

Normally you can see Pre-launch development projects offer Lots of discounts but it is uncertain whether the Construction will deliver on time or not?

In this blog, we will find out why ready to move in villa or flat in Bangalore are better option for you.

 

1.Tax Savings :-

You may save tax when you get a ready-to-move-in property. So, as a purchaser, you’ll be exempted from paying service tax. Banks will easily give loans and you’ll get more options to repay at greater rates.

2.Pay only what you see :-

Unlike pre-launch and continuing projects in a ready-to-move house you get exactly what you see. Since the property is already assembled there are no hidden surprises to get. You simply need to finish the formalities and other payment-related matters.

3.No waiting time:-

In a ready to move apartment the waiting time is zero as the house is already assembled and ready to be occupied. Whereas, in an ongoing and pre-launch project the ownership time is largely uncertain because of unwanted conditions.

4.The risk factor is less:-

In comparison to under construction projects, ready to move projects are less risky. There have been many instances in which the contractor failed to deliver the project  on time.

5.Save your rental money:

If you’re staying in a rented flat afterward, that money could be saved. Instead, if you’re not intending to move in shortly then till that time you’ll be able to offer it for rent.

 

In a city like Bangalore ready to move in villa or flat in Bangalore becomes very crucial with good amenities and easy accessibility to important locations. We Shravanthi Group can make end your search with the below project

Shravanthi Palladium – Kanakapura Road

Sunniva Willow – Sarjapura Road

Vastu Tips For Health And Wealth In 2018

 

Every principle from Vastu Shastra is backed up with a scientific justification, largely fine-tuned for the fantastic health of these homeowners. Vastu’s most important outline is to boost positivity and venting around a construction

Thus, by creating a Couple of Vastu-compliant Modifications to your house, You’d do a excellent favour to your loved ones. Here are some tips for you.

  1. According to vastu, to attract Decent Fortune in 2018, you have to light a lamp Each Day at the evening close to the water kettle in the home.
  2. Paintings or Water fountains depicting on water ought should be kept from the North or East direction. This will bring success, prosperity and wealth into your life firster.
  3. Puja space is essential in every home. And Most of Us know that North East is the most auspicious direction. Nevertheless, the continuous confusion about If you need to face the celestial direction or the idols must be confronting towards it stay as it is. Here is the solution – you has to face towards the North-East management whilst performing prayers.
  4. Make sure there should not be five corner I the seiling room of any wall. If you have something like that you can put bamboo flutes or small pyramids to curb its negative effects.
  5. Don’t close the north-east direction of your house, keep that side more open and light. you can store your heavy item In south or south west corner because that is the ideal place for heavy item

All our Villa in Bangalore for sale are vastu 

  1. As per the vastu is concern toilet is a very highly debated topic of a house .The toilet seat must face North-South and should be closed when not in use
  2. Put a red lamp or install a red light in south corner of your home for fame and success.
  3. Keep pictures of couple or family in South-west direction to improve love, bonding and relationships.
  4. For the bachelors who want to get married should stay in the rooms which is at the north-west direction of their building or keep peony flowers in south-west corner in the drawing room.
  5. . If want to attack your good luck kept cash in the drawers made in the north and a mirror should be installed inside the drawer.
  6. Put Wind-chimes with crystals on bedroom windows to reduce the fights at home and problems between the members of the household.
  7. Main door is a very much important factor in Vastu. The main door should open inside so that the energy remain inside. Also, do take care that the hinges of doors should not make noise. Make it noise-free.
  8. Beds and Almirahs should be very close to the South-West wall and made a little distance from the North-East wall.
  9. To get the success from the examination student should face in the north direction
  10. For keeping a good heath, drinking water towards facing North-East or east direction is a great vastu tips.
Vastu For Villa or flats
Vastu For Villa or flats
Flats Vs plots

What Is The Best Investment option – plot Vs flat

 

Detail Plot/Land Flat/Apartment
Cost Depends on the land size and location Depends on service, Location, Design, and reputation of the builders
Risk Factor The property is more likely to litigation and it’s quite tricky to come from it once anybody is involved. The delay of the project by developer is the only problems. But if you go through any reputed builders to solve this problem
Bank Assistance The purchaser has limited choices to leverage its financial standing for purchasing a land as banks generally doesn’t offer finance for purchasing a land/plot. It is quite easy to take a bank loan for purchasing a flat.
Regular Rental Income Property generates a very low income if Leased and sometimes It’s Hard to reoccupy the Property if the Renter pushes the property to Lawsuit Flats are ready to generate handsome income from the first day of taking the possession if it is given on rent. There is less chances of litigation with modern laws in place.
Future prospect Land is obviously in good demand. The value generally appreciates immediately because of zero depreciation on property. The depreciation on building lowers the growth rate, hence its value increases with a declining rate.

So, Before going to choose between land or flat you should focused on your requirement. If you want to use the property for your personal use then land will give some additional advantage as because it could give some flexibility to create anything at any time. But if the investor wishes to resell the house after a brief period then it’s more profitable to have a position in apartments. As an investor isn’t required to hold the apartment for a long term, in addition, it eliminates the depreciation element. If the investor is a senior citizen or someone who can’t devote much time to keep the property then again it’s a good idea to take the selection of a flat over property.

No doubt a property has an advantage of guaranteed benefit, but it usually requires investment in full and there’s absolutely no option of accepting leverage on the finance hence overall return is restricted up to some degree. Flats are extremely easy to purchase and an investor can take leverage on its own finance, in conclusion that the return is also quite good.

Also Read Our Other Article:-

Renting vs. owning

Why Invest in Bangalore?

 

 

Renting vs. owning

 

What Is your goal – to Create a Profit, or to settle down in a place you love? What is your credit score? Are you planning to move within the next few years? How much money do you have in the bank? These factors can affect whether you should continue to lease or make the leap and buy a house.

To assist with your decision, we highlighted the essential differences between the two choices in the graph below:

                             Renting                            Owning
 

While many Officials request the first and last Month’s rent, in addition to a security Residue, this is still less than that which You’d probably pay for a deposit.

 

Most mortgages require a down payment, and you generally get Better terms with more cash down. You may also have to cover closing costs
You may not be able to Upgrade Or personalize your living space But, repairs, if you Require them, generally cost less. Your Landlord is probably responsible for fixing things like leaky faucets.

 

Upgrade your home with renovations (some of which may boost your home’s value). However, repairs and maintenance are your responsibility

 

Your rent may increase in the future

 

Home values can rise and fall over time

 

Relocating can be simpler, if you Think you could move cities or Change jobs in the near future, you have very less responsibility leaving a rental

 

You may build equity (the Market place value of your home minus what you Owe on it), which may boost your personal wealth.

 

Read Other Article Also:-

Why Invest in Bangalore?
Guidelines to invest in Villas/Flats In Bangalore.

Image Source www.99acres.com

Flats In Bangalore

Why Invest in Bangalore?

The real estate Industry in India has been Moving through a transition over The past calendar year. On the other hand, the residential property marketplace in Bangalore has been able to enjoy steady growth as compared to other metropolitan cities. Here is a Few Reason why purchasing or buying house or land in Bangalore is a Great idea:

1) Among the most important factors Spurring property, expansion is the ballooning of fabricating businesses in and about Peenya, Bommasandra, Malleshwara, IT parks Hebbal and Marathahalli and throughout the city.

2) Namma Metro That’s now the Second greatest usable subway network in India following the DELHI METRO traces are currently operational across different areas of the city. This hasn’t only spurred the development of Bangalore’s real estate market and realty rates Along those lines, but can also be a fantastic improvement to the burgeoning IT sector, and has given rise to profitable job prospects.
3) There has been an increase in the Amount of luxury residential Projects mushrooming across portions of town, particularly in and about Whitefield. Projects by famous national and global architects and designers are paving the way for luxury living in FLATS FOR SALE IN BANGALORE. The requirement for condos, bungalows, and apartments available is growing amongst NRIs in addition to natives of the town, a lot of whom appreciate attractive pay packages.

4) Bangalore has always been known as a sanctuary for students, with several Nationally rated educational institutions in town. This, combined with considerable job opportunities in the IT sector, has resulted in a stable demand for flats available in Bangalore; particularly in the fields of Electronic City, Whitefield, the ORR corridor, and a couple of regions in North Bangalore.
5) To continuous ROI, the favorite areas to purchase new or property Jobs in Bangalore are the subsequent — Hebbal, kanakapura, Indira Nagar, Hennur, Yelahanka and Whitefield. These places also have Seen the maximum demand and admiration for residential real estate project.

 

flats for sale in bangalore

Guidelines to invest in Villas/Flats In Bangalore.

 

There are still many benefits if you are getting into real estate. You should get into this market now! Reading the information here is your first step toward being a success.

You need to decide the type of real estate you want to invest in before beginning your adventure. Flipping a property may be for you. Or, maybe you like the challenge of rehab projects where you rebuild from scratch. You need to consider your tastes and skills so you pick the right type of real estate to invest in.

Best 2/3 BHK Flats In Bangalore for Best Investment Opportunity

Don’t invest in real estate that has not been inspected by a professional, independent third party. Some sellers may try to cover the inspections, however, they could choose someone that likes them. Get a report from someone that is neutral.

Look around for others who share your interest and learn from one another. Real estate investing is a popular field. That’s why many communities have business groups and clubs that focus on this interest. If you can’t find one nearby, there are several forums online that you can find helpful information. Connect with others and share information.

Apartment In South Bangalore

When contemplating your overall strategy, remember that your costs encompass more than just the purchase price. You’ve got legal fees, closing costs, staging costs and a lot more that can affect your bottom line. When you are calculating your margins, make certain you add all your costs to the line item list you are making.

When you look at investing in real estate properties, think about a couple guidelines. First, do not overpay for the property. Second, do not overpay for any business. Take free looks at the value of the physical property as-is, as well as what kind of rental income you can expect from the business. You must make sure that both of the answers are good enough to make a final purchase worth your while.

Talk to other folks who invest in real estate. It is essential that you connect with those who have more experience in order to get good advice. Having some as friends can be quite handy. Online real estate websites and social media are good places to look for real estate investors to befriend. Investigate the possibility of going to meet ups and joining forums.

If you want to be a real estate investor, you need to consider how much free time you actually have to devote to the enterprise. Problems with tenants can waste a lot of time. Get a maintenance company to do the best work for you.

Use the information in this article to become a great investor yourself.

 

 

Global investment in realty sector to reach $45 trillion by 2020

MUMBAI:Driven by rapid urbanisation and demographic changes, especially in emerging markets, global investment in the real estate sector is likely to increase 55 per cent to $45.3 trillion by 2020 from $29 trillion in 2012, according to PwC.

PwC in a report ‘Real Estate 2020: Building the Future’ said that the investment in developing Asia-Pacific countries, which includes India, is likely to rise by 140 per cent to $10.2 trillion by 2020 from $4.3 trillion in 2012.

“Rapid urbanisation and demographic changes, especially within emerging markets, will lead to substantial growth in the real estate investment industry over the next six years,” PwC Executive Director (Capital Markets) Shashank Jain said.

The expansion will be the greatest in the emerging economies, where economic development will lead to better tenant quality and, in some countries, clearer property rights, and will play out across housing, commercial real estate and infrastructure.

“Real estate is an integral part of the emerging markets’ growth phenomenon. In India, for example, real estate has played a large part in driving economic growth. It’s an exciting time for the real estate sector, in an emerging country like India,” he said.

According to the report, the investment in Asia-Pacific countries is highest compared with the US, Europe, Latin America, developed parts of Asia Pacific and even Sub Saharan Africa and Middle East and North Africa.
Jain observed that intense competition for prime real estate will force real estate managers and investors to seek out new opportunities for yield.

“Yet the growing and changing real estate world will present them with a far wider range of risks, which they must be equipped to manage,” he said.

Meanwhile, the growing middle class and ageing populations in these emerging economies are boosting th e demand for newer types of real estate, Jain said.

While office, industrial, retail and residential will remain the main sectors, affordable housing, agriculture, health-care and retirement accommodation will become significant sub sectors in their own rights, he added.
Swiss economic growth slowed to a crawl at the end of 2013, official data showed Thursday, amid concern that the strong Swiss franc and recent vote limiting immigration from the EU might further hamper the country’s economy.

Switzerland’s economy grew just 0.2 percent during the final three months last year, compared to the previous quarter, according to the statistics from Switzerland’s State Secretariat for Economic Affairs, or SECO.

Fourth quarter growth, which had been expe ..
Fourth quarter growth, which had been expected to slow, was thus below the 0.5 percent hike seen in the third quarter and at the low end of expectations.

Analysts polled by the AWP financial news agency anticipating growth of between zero and 0.5 percent during the three-month period.

“The overall figures are a bit disappointing,” J. Safra Sarasin analyst Alessandro Bee told AFP.
Compared to the same period a year earlier, the wealthy Alpine nation saw its economy grow 1.7 percent, which remained lower than the third quarter’s annual growth rate of 1.9 percent.

SECO meanwhile said it now expected full-year growth for 2013 to tick in at 2.0 percent, up from 1.0 percent in 2012.

This initial estimate is in line with the central bank’s forecast that growth would slow in the fourth quarter and that the economy for all of 2013 would swell between 1.5 and 2.0 percent.
Capital Economics analyst Jonathan Loynes cautioned though that the fourth quarter slowdown “may raise fears that the economy is finally succumbing to the strength of the Swiss franc.”

Switzerland is not a member of the European Union and is thus outside the eurozone.
The Swiss economy has long been one of few bright spots on the European map, but the surging value of its franc has created headaches for exporters, whose margins can easily be eroded by unfavourable exchange rates.

To counter this effect, the central bank in 2011 set an exchange-rate floor of 1.20 francs to the euro.
Loynes pointed out that the franc had long hovered near the floor, but stressed that “the breakdown of growth by expenditure components provides some reassurance on this front,” since the slowdown appeared to mainly be attributed to a hike in imports.

During the final three months of last year, imports swelled 1.4 percent, amid a 0.7 percent hike in household consumption.
Exports, not including luxury goods like precious metals and gems and artwork, meanwhile plunged 1.7 percent after showing strong growth during the previous quarter.

Exports in Switzerland’s important chemicals and pharmaceutical sectors were especially hard-hit, SECO said.
Bee said the drop in exports was disappointing, but added that “I think the numbers reported in the third quarter for exports were too positive,” so the comparative drop was perhaps overstated.

He also stressed that domestic demand was still strong and should continue to boost growth going forward.
At the end of 2013, many analysts revised up their outlook for Swiss economic growth for this year, as they anticipated that exports would start picking up again.

But earlier this month, the country voted by a razor-thin margin to establish quotas on immigration from the European Union, putting in jeopardy a whole series of agreements with the bloc, its main trading partner.

Many observers have expressed concern that the prevailing climate of uncertainty might weigh heavily on investments in the country and its products.

Bee said Thursday he thought the effects of the vote would be felt more in the long term.

“The limitation of free movements will have an impact but not in the short term,” he told AFP.
Source of this article

5 Indian Cities receive record PE investment into Real Estate in 2015

Mumbai Metropolitan Region (MMR) received the maximum chunk of this investment at 34% followed by Delhi-NCR at 29% and Chennai at 14%. Bangalore and Pune got 11% and 5% respectively. Hyderabad got 3% while all the remaining cities put together got 4% in PE investment.

The year gone by was interesting for capital market activities in real estate. 2015 proved to be a good year for key Indian metros as inflows into real estate by private equity (PE) funds was at a record high. The total investment that the sector got was approximately Rs. 19,500 crore.

Mumbai Metropolitan Region (MMR) received the maximum chunk of this investment at 34% followed by Delhi-NCR at 29% and Chennai at 14%. Bangalore and Pune got 11% and 5% respectively. Hyderabad got 3% while all the remaining cities put together got 4% in PE investment.

The preference for these cities reflects learnings from past experience. While investors remain cautious about which cities to invest in, what is interesting to observe is that the ratio of structured equity and debt was more than half of the total investments received.

Even for plain equity investments, core commercial assets are preferred over other asset classes. This reflects how investors are cautiously optimistic about the potential for major gains in the Indian real estate. Equally important for them is to invest only in projects of credible developers having a good track record.

While the PE focus continued to remain high on residential and office projects, entity level investments and platform level deals came into the limelight indicating increase in investor confidence. A total of INR 6,048 crore worth of entity-level deals were witnessed but were limited to good developers / corporates only as investors relied on previous track record before putting their money to work.

In terms of asset focus, residential projects attracted considerable share of funding; however, equity investment in this space is still insignificant. On the contrary, income-yielding office projects attracted a majority of equity investments. While residential and office will continue to attract a majority of investments, retail is expected to start seeing better traction.

Going forward, investors are expected to remain focused on the top seven cities only. In the past few months, Chinese and Japanese investors have shown interest in bringing their long-term money into India. Overall, the stage is set for a superlative show this year. We won’t be surprised if 2016 shows a glimpse of investment activities that were seen in 2007, which was the previous peak and saw an investment of more than USD 8 billion.

Source of this article

 

Bengaluru’s commercial real estate growth fastest in Asia-Pacific: JLL India

Globally, Bengaluru ranks fourth after London, Silicon Valley and Dublin, JLL India said in a statement.

Bengaluru is ranked first in the Asia-Pacific region in terms of city’s socio-economic growth and momentum in the commercial real estate space, according to property consultant JLL.

Globally, Bengaluru ranks fourth after London, Silicon Valley and Dublin, JLL India said in a statement. Hyderabad is at 17th position in the global ranking.

“India’s Bengaluru tops the JLL City Momentum Index (CMI) rankings for Asia-Pacific, as the city’s rapid progress in technology and global connectivity helped drive real estate growth,” JLL said.

In the list of top 10 cities in Asia Pacific, Shanghai is at the second position, followed by Sydney, Beijing, Shenzhen, Tokyo, Nanjing, Hyderabad, Melbourne and Seoul.

Covering 120 major established and emerging business hubs across the globe, the index measures a city’s short-term socio-economic and commercial real estate momentum. It also takes in account whether a city has the essential ingredients to ensure longer-term sustainable momentum.

“Bengaluru is effectively the ‘Silicon Valley’ of India with its mix of research institutes and higher education establishments contributing to the creation of a strong IT cluster,” says Jeremy Kelly, JLL’s Director, Global Research.

“With 40% of India’s IT industry located in the city, the presence of international IT giants, together with the largest number of high-tech start-ups of any Indian city, are contributing to entrepreneurial growth,” Kelly said.

Based on the report ‘City Momentum Index 2016: The Rise of the Innovation-Oriented City’, India has increased its representation in the top 20 Emerging World Cities as Bengaluru is joined by Hyderabad.

“The findings follow India’s rapid economic growth and a generally positive outlook for the country’s future,” JLL India Chairman and Country Head Anuj Puri said.

“Over the next few years, we will have 5.5 million software programmers – even more, than the US Software and IT services firms have been major drivers of office demand in the past decade and are now the largest occupiers of prime space,” he added.

Source of this article

Indian real estate market headed for revival: report

Mumbai, Bengaluru will continue to be most preferred investment points; commercial office and mid-segment residential seen as top property asset classes

Proposed regulatory initiatives such as the relaxation of FDI rules in real estate and passage of real estate regulatory bill is seen to enhance investment in smaller projects. Photo: Mint

Mumbai: The Indian real estate market is heading for a steady revival in 2016, with over 70% of investors expecting improvement in sales in the next 12 months, said a research report by property consultant JLL India and Royal Institute of Chartered Surveyors (Rics), an accreditation body.

The report Peering Into 2016: Taking Pulse of Investor Preference says there is a spike in investor interest in the real estate market as around 43% of respondents saying that the number of successful exits will increase this year.

While Mumbai and Bengaluru will continue to be the most preferred destinations for investment, commercial office and mid-segment residential property will be the top two preferred asset classes by investors, the report said

“After relatively muted calendar years 2013 and 2014, private equity (PE) investors significantly increased their bets on the Indian real estate sector in 2015. This report examines the motivations and expectations of PE funds who are now actively ramping up their exposure to this sector,” said Ramesh Nair, chief operating officer, JLL India.

As per the report, a majority of exits over the last 12-18 months has been characterised by refinancing or buyback. A significant number of investors who participated in the survey believe that the refinancing theme is set to continue beyond the next 12 months, it added.

The report said proposed regulatory initiatives such as the relaxation of foreign direct investment rules in real estate and passage of real estate regulatory bill will enhance investment in smaller projects and positively impact sentiment by boosting buyer confidence.

“Today there are several financing options available. Driven by the need to increase returns and a desire to diversify, investors’ interest in international property markets is once again on the rise and India definitely seems to be leading that interest,” said Devina Ghildial, managing director (South Asia) Rics.

According to the report, newer sources of capital from Japan and China are expected to enter the Indian real estate market in 2016 while pure equity investments are likely to make a comeback this year.

For the report, JLL carried out a survey of seasoned investment professionals across a number of issues like market fundamentals, successful exits, distressed deals as well as top three asset classes and top three cities for investment over the next 12-month period.

“Few of the challenges in the market have bottomed out. So definitely the market is reviving but it is going to be a slow one. There is a going to be greater balance between demand and supply. Investor sentiments have improved,” said Venkatesh Gopalkrishnan, President (business development) and chief investment officer, Shapoorji Pallonji Real Estate.

“However, it is a cautious one where investors are now more focussed on good quality and locations.”

Source of this article