Month: March 2022

To play or not to play? Is this your state of mind as preparations for Holi celebrations are going on in your Kolkata Apartment complex?

To guess right, your dilemma is due to the facts that –

◉ The pandemic is not yet over

◉ And getting involved in mass gatherings is still not completely ok

?

Well, your perspective holds ground indeed. But, doesn’t the festival of colors give us once-in-a-year scope to convey emotions & warmth to the special ones in life? While having ultimate fun with music & sweets?

So, why refrain from cherishing the fiesta? Rather, get to know

5 Perfect Ways Of Celebrating Holi, Health-Wise

They will be most welcoming? Let’s Begin:

#1 Make Safety Handy

In a literal way! If to participate in public playing & in a free mind, then forget not to-

◉ Carry a bottle of sanitizer or a packet of hygienic tissue papers, along with the packets of Gullals & balloons

◉ Sanitize hands real well via those, each time after touching someone

◉ Repeatedly remind other family members, especially children to do the same as a rule

It may sound a unique manner, but, as per reputed home experts, one best practice is to cover hands with gloves before applying color to each other & thus ensure contactless enjoyment to ultimate.

After all, clean hands are the prime amidst COVID protocols, aren’t they?

#2 Far Or Near…Mask Is A Winner

Whether enjoying the festival at own housing society/neighborhood or visiting close ones in other Apartments in Kolkata, never leave your mask while out of the home during the celebration.

Acknowledge that still, news of fresh COVID cases comes up one day or the other. 

So, don’t convince your mind with excuses like “It’s only the next-door flat” or “Just 10 minutes away from home” & let the mask protect you from the probability of getting affected.

Wear it continuously & enjoy group hugs, public feats or team dances of Holi-special hours without any worries. 

#3 Analyze Own Health

A prime condition to spend one happy holi safe holi. 

Essentially, the festival arrives at a time of season change – when the chill of Winter bids goodbye & Spring ushers in with all the enthusiasm & vigor.

While it’s common to catch cough & cold during such a period, given the persisting pandemic, you need to be extra conscious.

So, if having throat irritations or consistent sneezes, or a mild feel of cold – it’s best to stay indoors. Resort to social media to cherish the festive spirit or experience the ‘Rangeen’ mood with own favorite playlist.

Trust, in place of risking own health & that of others by going out to play in a bad health, enjoying the Holi feel in prevention will fill your heart with true delight & calmness.

And yes, why not chalk out all the plans for next year’s full-fledged celebrations?

#4 Stay Conscious Throughout

Indispensable, if not to face any health-related agony for self or family members, post the celebrations. The steps? Well,-

♦ While you can put off the mask when someone comes to apply color, be aware to close own eyes & mouth – to thus make contact minimal. Teach children the same prior they go out

♦ Wear such clothes which can be easily washed with disinfectants, since that will be a must after getting home

♦ Don’t get too close while splashing colors & use a gentle circular motion over someone’s face or hand

♦ If possible, cover eyes with a sunglass all along

♦ Maintain social distancing with people you find are coughing or sneezing; it can be nothing…but prevention is better than cure, isn’t it?

#5 After The Play Be At Home

True, the Holi mood craves some special dishes & sips. But since you have already been to mass gatherings in the morning, make the logical decision to stay home stay safe in the evening – in a clean & sanitized manner.

As for satisfying own palate, try some exclusive Holi recipes at home & set the dining table for friends & family.

                   A Safe & Playful Holi To All From Team Realtech

                            We fulfill desires for Apartments in Kolkata.

Exploring at present home loan schemes & associated T&Cs as offer the reputed banks & lending institutions of the city?

To thus possess own dream apartment in Newtown in the nearest future?

One moment in here. Have you finalized the down payment amount from own end? Plan to do that based upon the proportion of home loan you will be approved for?

There is a hack to know right here. If:

♦  A home loan pursuer commits to 20%-25% of the total property’s value as down payment, the lender organization spontaneously puts forward the best-available loan program with the guarantee of quicker approval & lower rate of interest;

♦  Since this definite percentage of down payment lowers the credit risk for a bank or private lending body & heightens its confidence in the borrower party.

Is arranging the said amount of down payment appearing difficult, given the current value of your chosen flat? Stress not & rather focus on the:

Money Management Tactics Finance Champs Vow For

#1 Ready Scope Of ‘Proportionate Release’

Is an under-construction housing project your choice? Then that is one score up for you, as-

♦ Certain banking & non-banking lender firms offer the ‘Proportionate Release’ of the down payment process for home-buyers planning to go for a new or developing property.

♦  Concerning the given time estimate for the project to complete, you get to pay the sum in small proportion over periods– thereby safe from the agony of paying a big one-time amount

Just remember: 

◉ This option turns available when construction is by a prominent realtor house officially recognized by your lender

&

◉ The lending company also releases the home loan amount in slots as you continue clearing every defined periodic payment. So never be a defaulter.

#2 Source Funds Smartly

It is understandable. If your selected apartment comes at Rs 40 lakhs, then 20-25% of that sum – i.e. 8-10 lakhs is not something a common man has ready in hand.

But, what you can endeavor for arranging a 20 percent down payment or more is that of–

♦ Assessing own assets & savings

♦ List all personal assets viable for both selling & mortgage & compare the gains of sale & mortgaging on each.

♦ Note whether your or a family member’s insurance policy is maturing soon, that equals the money required. If not pre-planned for any crucial future expenditure, this becomes your swiftest option to arrange the down payment for the family’s home only.

♦ Think of withdrawing from your Employee Provident Fund since that also offers tax cuts & allows (as per the government) up to 90% of the withdrawal.  

♦ See whether liquidating any mutual fund or a share you spontaneously bought once can pay off good

# 3 As You Calculate Down Payment

Surly try for a low Loan-to-Value or LTV ratio by making a standard down payment. But in that attempt-

◉ Never reach out for the funds kept to meet educational & healthcare expenses of family & handle unpredictable emergencies.

◉ Don’t save money by skipping essential bills of water & property tax, insurance premiums, SIPs, etc.

◉ Because all these expenditures will bounce back pressuring you to take a high-interest loan & cover them, with the obligation of repaying that loan – while EMIS on the home loan continue

◉ Thus exhausting your monthly income.

# 4 Also Attempt

To pick an EMI plan where the tenure is not higher than 20 years 

Clearing any existing bank debts & thereby rising own FOIR or Fixed Obligation to Income Ratio to strengthen approval of your desirable loan plan

Plan consciously & purchase one of the apartments in Newtown in the smoothest of fashion. Let Team Realtech serve you with the best of suggestions.

Call whenever convenient.

The continuous cycle of Equated Monthly Installments or EMIs. Is this appearing as the sole obstacle to your dream of possessing own apartment in Newtown?

Well, it’s true that once taking a home loan, EMIs do consume a certain portion of monthly budget.

However, instead of becoming a burden, these payment schemes can-

♦ Most normally, blend into your budget framework

♦ & turn much comfier to pay off

And yes, without affecting any of your essential expenses or exhausting your financial potency. Getting curious?

Then gear up to know

Savvy Hacks For Home Loan EMI Management

#1 Stretch The Tenure