Month: November 2021

3 Top Advantages For Women Home Buyers In India

A recent survey of the Post COVID real estate market in India reveals:

Of around the 4000 survey participants,

♦ 82% of women expressed interest in purchasing home for end-use

♦ To 70% of them, the on-going time is ideal to invest in a property

♦ Around 31% are stimulated by the security a home or flat offers as a physical asset

(Ref: www.livemint.com )

Is your feminine instinct connecting perfectly with these survey participants? And so is getting boosted the cherished dream of your own apartment in Kolkata ?

So why keep that dream locked up any more? Simply gear yourself up to live it – especially when there are prevailing distinctive advantages of women property purchasers in our country.

What are those? It’s time for a crisp knowledge trip:

 

3 Prime Perks For Indian Women home buyers

 

#1 Power of PMAY

 

Launched in 2015, the Pradhan Mantri Awas Yojana or PMAY indeed authorizes you & every alike woman desiring to purchase/possess a house or flat – irrespective of any age, class or marital status discrimination.

As per the scheme,

♦ Each female PMAY applicant will receive a subsidy of up to Rs 2.67 lakh on home loan interest, while buying own first house

♦ A house bought under the Yojana must be registered in the name of at least one lady family member

 

#2 Kudos To CLSS

 

Government’s Credit-Linked Subsidy Scheme or CLSS essentially champions women home buyers subsidies in India by one real-time broad program:

»Economically Weaker Section (EWS) scheme highlights 6.5% subsidy over home loan up to Rs 6 lakhs for women annually earning less than or equal to Rs 3 lakhs

»Low Income Group (LIG) plan empowers women with an annual income of less than or equal to Rs 6 lakhs by offering same perk as the EWS scheme

»Middle Income Group 1 or MIG-I strategy champions women earning an annual income of Rs 12 lakhs (& not more) via 4% subsidy on home loan up to Rs 9 lakhs

»Middle Income Group 2 or MIG-II plan serves women with an annual income not exceeding Rs 18 lakhs with 3% of subsidy over home loan up to Rs 12 lakhs

CLSS’s primary aim remains to inspire widows & single working women to become property owners & thus securing their own future.

 

#3 Best of Banking Initiatives

 

One prime reason for your feminine zeal to get set for buying an Apartment in Kolkata.

More like complimenting the afore-mentioned government schemes, reputed banking bodies like SBI, HDFC, IDBI etc offer to ladies applying for home loan –

»Rebate on interest rate varying between 0.05% and 0.1%. On a monthly basis, this may result in saving only a few hundred upon the EMI; but, if calculated over the entire tenure of 25-30 years, you get to save more than 1 lakh on the entire EMI amount

»Significant tax deduction over loan repayment, which generally extends to a maximum of Rs 1.5 lakhs on the principal & up to Rs 2 lakhs over the interest slabs

»Exciting add-on benefits like gold coins, holiday packages & credit cards to appeal to each ambitious dame

And as an icing on this cookie, SBI brings forward its own special Her Ghar scheme – a program totally devoted in assisting the country’s home buying women fraternity.

 

Smoother is the road to your dream Apartment in Kolkata, ain’t it? Then make the move to connect with Team Realtech & be the proud maiden possessor of a sweetest home!

Ring us when you are ready.

 

 

4 Apartment Architecture Trends Stealing Spotlight in 2021

Are all necessary financial preparations done for buying your desired apartment in Newtown ? So now comes the step of choosing the home matching your dream & suiting your needs, right?

In this relation, focus on an aspect. Don’t you wish own house to gain admiration from every guest coming in? Then it must be in terms with-

»Present trends of residential architectural design

Where to know? Simply focus here on the

 

4 Crisp Apartment Architecting Trends of 2021

 

#1 Oomph Of Open Spaces

 

To satisfy the Generation Z homeowners takes birth the innovation of open floor planning.

Celebrating the concept of family bonding & interaction, the main spaces of a home – living-dining-&-kitchen are getting a communal design, which, in effect, makes your apartment all the more welcoming & amiable to people.

And yes. Not to forget the practical gain in space by doing away with unnecessary walls & bends.

Whether to-

♦ Set-up own home office

♦ Plan a movie night will favorite cousins or pals

♦ Or keep a check on children playing in the living area from the kitchen

open floor plan is the prime apartment design trend to impact present & future lifestyles.

It indeed redefines the use of space & home designing in the 22nd century.

 

#2 Getting Back To Vintage

 

And why? For the love of aesthetics-in-a-homely-style contemporary home-buyers are increasingly showing.

As depicts a pro of modern apartment architecture, in 2021, people wish for not just a well-constructed house, but a home that reflects grandeur & glory – while preserving a cozy vibe.

And thus comes into the scene the idea of ‘neo-traditionalism’ that blends traditional approaches of home designing with new techniques of flat building.

Result? You witness apartments reflecting royal-style arches & elevations perfected through the engineering required in modern construction.

Also, homes in there embrace a timeless feel – with classic-patterned crown moldings, antique-style ceilings & the voguish excellence of vintage construction– stimulating the sweet jealousy within your every guest!

 

#3 Feel Good As A Must

 

Trend apartments in Newtown are essentially championing via –

♦Sleek-in-style-but-spacious balconies & cross ventilation that welcome free flow of natural light & air inside

♦ Surrounding of landscaped greenery

♦ Minimized noise pollution with thick interior walls

♦ Planned swimming pools with promises of hygiene & security

♦Installation of smart-&-sustainable artificial lighting at each dark corner of your home

Reason? To make the present-day criteria of staying healthy & staying at home, as much possible, delightful & flawless.

 

#4 Novel Patterns In Construction

 

Quirky, edgy, futuristic…young home purchasers are voicing out the demand of such flat designs – to thus make own ‘home sweet home’ an authentic out-of-the-box image.

In effect appears a pattern of apartment architecture design that’s-

»Fluid by the rules of construction 

»Rules-breaking in terms of dimensions & angles

»Ultimately customized by the idea of exclusiveness

Thereby finds New India’s new home-buying generation a scope to make own homes viral in social media in the truest sense.

 

Are there, in reality, apartments in Newtown, which match any of these trends?

Well, there stay buildings that fulfill more than 1. Where?

Get connected with Realtech Nirman & re-learn the concept of trendy & urban homes- boosted with happiness.

Ring us when it’s your time.



Here Busting The Top 5 Myths About Home Buying For You

To buy or not to buy flat in Rajarhat? Is this the present mental state you are going through? 

And why? Because of the sheer ‘overload’ of information on what to do & which aspects to stay away from while buying an apartment?

Listen. It is not necessary that whatever idea or information is prevailing in the market with regards to property buying is practically useful.

How to determine what is useful?

 

It’s easy with

 

5 Home Buying Myths Busted By Experts

 

Eager to access the truth? Let’s begin:

 

#Myth1: You Have Missed The Right Time

 

A reaction you are bound to get whenever announcing own property buying decision amidst friends, relatives, or office colleagues.

“Why not plan 6 months before?” “You will now unnecessarily pay extra because you missed the golden period.” “Could have given me a call earlier”….all such comments are bound to leap up.

It’s true that given certain central & regional government initiatives & banking sector’s announcements, 2021 is a fit year to buy flats in Rajarhat.

But, even if you are not prepared this year, that doesn’t mean you have given the ‘Right Time’ a miss. 

Because, for an individual planning to purchase a house, the ‘Golden’ time is the one when he/she is prepared to take a bank loan following all protocols & can undergo the EMI responsibility – while maintaining all monthly expenses.

So to fulfill the dream of own home, it’s better to focus on that preparation in place of hearing comments as highlighted above.

Only one tip-

» If you have plans of relocation in the coming 2-3 years, do not approach the endeavor of apartment buying before that. Home sweet home is bound to become a burden then.

 

#Myth 2: 20% Down Payment Is Mandatory

 

Not in reality. Because if you can pre-qualify for a home loan with a good credit score, you automatically gain the leverage to bargain with the lending body or bank:

♦About the rate of interest,

♦ Decision over which, in turn, decides how much down payment is practically required.

Thereby, instead of taking the pressure of how to arrange the down payment sum, take endeavors to build a good credit score as is required for home buying in India.

 

#Myth 3: Like The House, You Can Adjust With The Neighborhood or Location

 

One amongst the most common myths in buying home in India. 

“Wherever is your home, it’s paradise” – in today’s changed lifestyle, this saying does not stand as totally correct.

Reason? Every family member needs to go to work each day & the children or elderly members require to stay alone at the house or flat. 

So aspects of transport convenience, safety, trusting the neighbors do come up as crucial points. 

And in this context, it turns inherent for you to pick a site that promises quite-much ease of communication & commuting & is reputed (at least not bad-named!) as a residential area.

Now, on how to get such a location brings us to debunking 

 

#Myth 4: Buying From An Established Real Estate Firm Is Not Essential

 

You wish for a home that will witness your life’s progress & blossoming of relations, right? Then it must be a well-built one to stand natural calamities & offer access to amenities that make your daily life easier & faster.

And yes! In a real-time proper location as we were just discussing above.

Given to all these reasons, you must buy own dream home from a reputed real estate house only.

From guarantee on the quality of construction material to the inclusion of civic facilities, such a firm will serve you all – along with a well-connected & prospective location.

 

#Myth 5: Take The Maximum Loan Amount…Because You Are Getting Approval

 

And why this is a futile idea? Well, will an EMI scheme of 50k appear to fit for you? For, you can get approved for 1 crore or more home loans – but the EMI range too will be around or above 50K.

Calculate & bust the myth yourself. 



Are these points appearing as your true home buying guide? Then why the wait to buy own Rajarhat flat?

Drop Team Realtech a call at a time suiting you only.