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Worn-out door & window frames? Blemishes upon the ceilings? Way many scuffs on the wall & floor tiles? A too-narrow passageway or corners? Or the need to zone out spaces?

Is your apartment in Newtown ‘facing’ such issues? And you are not able to spend money & time on a home renovation project?

Well, given thought to painting? How can coats of some colors create extra space or make a narrow area spacious?

As a matter of fact, they can, only if you stay aware of-

The Savvy Ways Of Using Paint In Place of Renovation

Willing to get aware at the earliest? Then let’s begin:

#1 Space Within A Space

Everyone is familiar with the idea of enlivening a room by painting individual walls in different colors, but have you considered taking this trick a little further? You can make a small space look bigger by using color to define portions of a room. Painting the floor, walls, and even ceiling of one section of a larger space in a different color creates the impression of a room within a room. The effect is especially striking when the contrasting colors meet in the middle of a wall, instead of at the corner of two intersecting walls.

#2 Trimming Of Tiles

If you are saddled with vintage tile that is not your style, you can modernize it with paint. It is not as simple as painting drywall, but it can be done with special epoxy kits, available at home centers. Alternatively, you can call in a professional who specializes in tub and tile refinishing. Either way, you will find that this process will be a lot cheaper, and much less of a hassle, than tearing the tile out and replacing it.

#3 Be A Little Playful

Some smart paint tricks can work wonders in a narrow hallway or corridor. A triangle of color covers two walls and the door, finishing in the adjacent space.

By leading the eye along the diagonal to the side of the room, the painted area makes the space appear wider than it really is.

#4 Help With The Hardware

If the finish on your knobs and handles has fallen out of fashion, you do not have to shell out money for a whole new set of hardware.

What then? Spray-paint.

 These days, spray paint comes in nearly every color and finish (including metallics), offering you an array of options to help spruce up your space. Once you have covered your knobs or pulled in the color of your choice, finish with a coat or two of clear lacquer to protect the newly done.

Feeling enthusiastic? Why not start off today only?

Your home sweet home deserves to stay perfect, doesn’t it?

And do remember, for any & every query about new home buying, Team Realtech stays ready for always.

Connect with us in your comfort.

Safety of own child. Isn’t this the one top priority in your parenthood journey?

Then tell one thing. How secure is your Flat in Rajarhat for your kid? The criterion defining this ‘security’?

Well, essentially, a home where the little one can play around without experiencing unexpected accidents or injuries.

Not sure whether your home fulfills this? Worry not, as here emerge:

The Prime Tips To Make Every Home Child Safe

Acknowledged by Reputed Child Counsellors

#1 The Doors Rule As The Ground Rule

Closing the door after you should be your number one safety measure to introduce at home.

This will not only ensure that intruders cannot access the house and the younger kids cannot find their way out. Keeping the door closed will give you the confidence that your kids are well protected inside.

At the time when they are infants, it would have been easier to ensure their safety is maintained as there are numerous safety devices to use in the market. However, at an older age, they can understand the importance of the safety measures you have taught them.

#2 Restrict Access For Well Only

As your kids grow up, you may longer have to use safety devices such as baby gates. This is because they have already outgrown it. Most of these safety devices are designed for children less than 7 years.

Therefore, what you need to do as a parent is to teach your kids what areas they are not allowed to access. They are grown up and this means they will be able to understand the reason why you are telling them so. These rooms include the kitchen and laundry rooms.

#3 Ensure The Electric

Every parent knows that children are curious by nature. Also, electrical points and outlets are an invitation for kids to mess around and stick their fingers in. This can create a fatal scenario for your kid. 

So here are some tips to ensure home safety for preschoolers against electrical hazards in the house:

‣ Unused wall outlets and outlets that are within reach of children should be adequately secured. (Pro tip: You can consider blocking the outlets by creatively arranging the furniture!)

‣ Hide the extension cords behind the furniture, or use a hide-a-cord device. 

‣ Never leave unattended devices and cables. 

‣ Keep all electrical appliances outside the reach of children

#4 Guard It Right

Falls are the leading cause of hospital admissions to children under 5 years of age. When infants and toddlers are in high chairs, in prams, and on change tables, safety harnesses reduce the risk of injuries due to falls.

And, if your Flat in Rajarhat has stairs, having stair guards in place, significantly reduces the chance of admissions to the hospital for a fall down stairs by young children.

#5 The Water Code

Kids love to splash in the water, whether it is a bathtub or a swimming pool. Though it is a fun time, chances of accidents like drowning can occur in water tubs or pools. Make sure the water level is not more than the waistline of your kid when you place him in a tub or sink. Never leave your kids unattended, even for a second when the phone rings or the doorbell rings. Give strict instructions to your kids that there must be no pushing while enjoying a dip in the pool.

A Happy & Secured Life To All Parents & Their Kids From Team Realtech.

Dhanteras or Dhanatrayodashi prevails as one primely auspicious Hindu festival – marking the beginning of Diwali rituals & celebrations.

While families across the country endeavor to observe this festival with all earnestness, there stay certain essential observances to be followed on this day – to thus fetch the ultimate quotient of divine grace.

What? You too are thinking of observing Dhanteras this year at own apartment in Newtown? Then undoubtedly knowing about those ‘essential observances’ will be helpful, right?

Wait no more to learn –

The 5 Must-to-Pursue Rituals During Dhanteras

As opined by the country’s Vaastu experts & famous astrologers

#1 The Right Time To Worship

A foremost step to adhere to, if you truly desire to fetch the deities’ blessings for prosperity on Dhanteras.

As per Hindu religious beliefs, the festival is to celebrate the appearance of Goddess Laxmi & God Kuber with bounties of wealth from the churning of the ocean or Samudra Manthan.

Accordingly, Pujan is offered to Them on this day & the most auspicious time to do that is during the Pradosh Kaal or dusk.

In this relation, experts especially prioritize the exact Lagno or moment for performing the puja. Sincerely pursue that to let the graces of Maa Laxmi & Lord Kuber stay in your apartment in Newtown till the end of times.

#2 Perfect The Preparation

One significant procedure to commit to & thus appease the 2 deities with your worship.

Just as important it is to do the Dhanteras Puja with the right Vidhis (rituals) & correct Mantras, necessary as well are the pre-worship preps. In essence, be sure to-

‣ Spread upon own Mandir a new cloth

‣ Place over that cloth new images or idols of Lord Kuber & Maa Laxmi

‣ Choose sweets, coconuts & fresh fruits only as the Naibedya or holy offerings

‣ Decorate the idols/photos with garlands made of cotton beads

‣ Keep the Marigold flower & Bel leaf primarily for worshipping

‣ Make Rangoli or Alpona in the morning of Dhanteras, with rice flour & natural gulal or abir & strictly avoid artificial colors. In this regard, drawing tiny footprints at the entrance of your home will turn highly auspicious, since that is acknowledged as the arrival of Goddess Laxmi.

‣ Just before initiating the Puja, draw the Swastik sign on your locker/cash box/business book with red vermillion, symbolizing God Kuber.

#3 Buy What Is Most Auspicious

Gold jewelry, metal objects, steel utensils – you hear talks about purchasing such objects during the phase of Dhanteras, isn’t so? But, are you aware of the luckiest things to buy on dhanteras? Not quite? Well, to highlight:

‣ Idols of Goddess Laxmi & Lord Ganesha, crafted from copper or clay

‣ Gold & Silver coins

‣ Utensils of brass & silver

‣ Electronic appliances for home usage like television sets, refrigerators, microwaves

are the 4 most expert-voted auspicious objects for Dhanteras buying.

Buying a new home/booking a flat, or investing in real estate on Dhanatrayodashi is also highly suggested by veteran Vaastu Gurus, for it turns out beneficial for you in the long run.

#4 Acknowledge Lord Dhanvantri

As per the Samudra Manthan tale, during Dhanatrayodashi, Lord Dhanvantri, or the God of Ayurveda also appeared from the churning of the ocean, carrying a pot of elixir.

In accordance with this belief, worshipping Lord Dhanvantri also stays as one most essential rituals of Dhanteras &

‣ Performing His Puja with Shodashopchara (Hinduism’s rule of worship via 16 different processes) & while facing the East becomes highly auspicious. Your family members thus fetch the God’s grace for staying healthy & energetic always.

Donating medicines to those who need them & helping ill people on Dhanteras is also believed to please Lord Dhanvantri.

#5 Light The Phase Up

As per our Puranas (Skanda Purana and Padma Purana), observing the ritual of Yamadeepam also remains an integral part of celebrating Dhanteras.

In the name of Yamdev or the God of Death, light up a diya during Dhanteras evening in the presence of all permanent members of your home. Now, place that lamp at the outside threshold of your house, facing the South direction & seek the Lord’s blessings wholeheartedly.

This ensures the prevention of unexpected deaths in the family & removal of negative energies from the house.

May all dream homes blossom with prosperity & health.

Happy Dhanteras to all from Team Realtech.

For owning your dream Flat in Kolkata, getting an adequate home loan turns essential, right? Now, amidst various factors determining a home buyer’s home loan eligibility & approval probability, the aspect of the Loan-to-Value or LTV Ratio stays crucial.

Say what? You have heard of this term but not much of an idea about what is it. Worry not, since right here we present-

An Expert Insight Into LTV Ratio For Housing Loan

#1 The Core Idea

A home-buying loan from any bank or financial institution does not amount to the full value of the property you plan to buy. And, right in here, the LTV idea emerges as essential.

Loan to Value Ratio implies the percentage of the property value, the lending institution will finance through the loan.  The remaining cost of the property must be self-financed by you, the home-buyer.  Typically, banks & lending bodies inspect the LTV ratio before approving a home loan to make sure that they are not lending an amount higher than a house or apartment’s actual cost.

#2 Way To Calculate

Always expressed in percentage, the LTV ratio is determined through:

Dividing the loan amount to the property value.

The accredited formula to calculate appears:

LTV ratio = Borrowed loan amount/home value x 100

Note that, lenders always prefer approving home loans to buyers opting for lower LTV ratios; since a reduced LTV ratio minimizes credit risk for lending organizations.

Thereupon, try going for a low ltv ratio for housing loan, to thus increase own loan eligibility in essence.

Some home loan lenders also offer lower interest rates to applicants opting for lower LTV ratios. 

A reduced LTV ratio can also aid a home buyer in gaining lower interest rates.  Inherently, a low Loan-To-Value Ratio equals a low loan amount, which in effect, cuts down the overall interest cost for you.

To highlight here, SBI is one Indian bank that determines home loan interest rates based on the LTV ratio primarily.

#3 The RBI Criterion

A must-dose of knowledge for home buyers to realize the LTV mark based upon their individual home loan needs.

As per the standard set by the Reserve bank of India, authorized banks & lending firms can offer:

‣ LTV of up to 80%: For home loans between Rs. 30 lakhs and Rs. 75 lakhs

‣ LTV of up to 75%: For home loans above Rs. 75 lakhs

This being the general ground rule, however-

⁌ 90% LTV ratio also stays available if your desired Kolkata flat is worth less than Rs 30 lakhs – the objective here is the promotion of affordable housing for every Indian.

⁌ Moreover, if your lending bank or institution is a collaborator in the project you have chosen, you get auto-approval for a much higher Loan-To-Value ratio.

#4 The Ideal Range

What’s the best ltv ratio? Reading till now, is this the question giving your mind a knock? Well, get aware more than knowing the ideal or best percentage, the necessity is to know the exact quotient of LTV you can gain.

And, that is primarily determined by-

The interest rate offered on the home loan scheme a home buyer is pursuing.

Considering that proportion, you can then decide whether to opt for a higher or a lower LTV. If the interest rate prevails on a higher mark, loan experts advise choosing a smaller home loan amount, in relation to a larger down payment.

A good-enough down payment lowers your LTV & resultantly you save money on the interest and EMI, along with a reduced loan tenure.

Thereby, prior to applying for a home loan make a thorough analysis of your current & upcoming financial condition.

Feeling enlightened? What next? To finalize a Flat in Kolkata that will become the home sweet home for you & family forever?

Wait not to get in touch with Team Realtech. We await to cater dream homes to all.

Drop a call when it’s your time.

Is owning an apartment in Newtown one of the top aspirations in your life? But an investment in a house is a big and long-term ticket with lots of costs involved.

So right in here, we present for you-

An Expert Guidance For Realizing Your First Home Budget

Tips put together from real-life situations only

#1 Realize Own Real Affordability

The foremost step to figuring out. It is not wise to spend more than 30% of your take-home salary on loans. You also need to see how much savings you have in the bank and if there is the possibility of more money/additional sources of income that you can add to your monthly income.

Do not buy a house that is beyond your budget, some people make the mistake of buying a house with the aim to sell it and clear the loan and enjoy profits. This is very risky decision as there is a chance that the market may crash.

You need to buy a home that you can afford today, and not in the future. Buying a house beyond your budget will also mean many months of struggling with finances until you are compelled to sell the house.

You will not have enough money to live each month comfortably, and in case there is an emergency you won’t have the resources you need to manage.

#2 Get Practical With Down Payment

A figure of anywhere between 15% -30% of the cost of the house needs to be paid as a down payment.

For example- If a home costs Rs 50 lakhs, the down payment will come to around Rs 7.5 – Rs 15 lakh.

No small amount by any standards. It is good to keep in mind that the bigger the amount of your loan, your down payment amount would proportionately raise. Think about how you plan to raise the amount needed for the down payment of the loan.

A savings of Rs 2 lakh per year invested at a rate of 10% for roughly 3.5 years would be needed to pay for a down payment of Rs 7.5 (approx.). 

#3 Focus On The Forecast

Before buying a house in 2022, you need to study the housing market predictions for 2020 and the housing market predictions for 2019. You can also look for real estate forecasts of the city and locality you are looking at.

A good real estate forecast can help you place a safe bet on localities that are always in demand, localities that have increasing demand due to infrastructure and other factors, and localities that are witnessing a sharp fall in demand.

You can even try to talk to veteran realtors & representatives of reputed building houses to find out their views and takes on the housing market outlook. 

#4 Get Set For The EMIs

Once you have crossed the hurdle of funding the down payment amount, you then face the big question of getting the loan approval and the further question of EMI payments. The maximum recommended percentage of your EMI to net income is 30%. However, certain lenders also extend this percentage to 40.

All said and done, 30 or 40%, it is you who is going to bear the burden of EMIs, so it is important to evaluate not only your current financial position but the entire tenure of your loan.

Think of all possible scenarios. Is your spouse likely to stop working in the future? Are you looking to quit your job and take the entrepreneurial track? Are you looking to acquire a higher educational qualification? Or a family emergency may come up.

Remember, the EMI cycle will continue to be payable despite any of the situations described here.

Feeling confident now? Then why wait to initiate own first home buying journey?

Drop a call to Team Realtech & gain just the Newtown apartment you wish for.

Waiting to cater the home of your desire.

Is it time to plan the buying of your own Flat in Kolkata? And for the first time?

A truly special chapter of life, without a doubt.

However, take a pause here. As a first-time home buyer, how savvy are you about the ‘rules of game’

in the real estate market? Aware of the exact steps to take & thereby perfect the buying & possession

process?

If not completely you say, then waste no more minutes & take a thorough look into-

5 Prime Errors First Home Buyers Tend To Commit

& thus gain the best deal on own dream home

# 1 Neglecting Home Loan Pre-Qualification

One core error to avoid as a ground rule. Learn that having a pre-approved home loan, in effect, makes you are credible in the eyes of the builder.

It comes as concrete proof of your paying capacity & also helps you as a buyer to assess your loan repayment potency.

Therefore, depending on your creditworthiness and savings, find out what kind of home loan you are eligible for.

This practice guarantees no unpleasant surprise or unpredicted T&C & automatically lets you estimate own apartment buying budget.

# 2 Budget Extension On Emotion

Top amongst the mistakes first time home buyers make. As highlighted by one reputed real estate executive, when hunting for their first home, people often get emotionally attached to a property.

Like they have seen the house of dreams, which the whole family loves as well; but it is way above their budget and loan eligibility.

So, the buyer feels that a little financial stretch in the initial months can be handled & steps ahead of their own buying potential.

However, the truth is, that it’ll drain you on various levels. You will find it hard to cover essential & emergency expenses of daily livelihood like unforeseen medical expenses, rising school fees, insurance premiums, etc. The financial strain will cause stress, disturbing your family life in the new home.

#3 Not Being Logical

Many buyers forget to weigh upon old age, disabilities, sickness & such other life factors when choosing their first home.

And in the long run, such buyers are often forced to sell their first property – especially in old age & hunt again, for a flat more suitable for that age. For example, the absence of an elevator in a building may not bother you, as long as you feel comfy to take the flight of stairs, as many times as required.

However, the same may not be true during your senior years or right now for your parents & other elderly family members.

To avoid this house buying mistake, the best practice is to sit down with all family members & make a list of priorities in terms of location, layout, and amenities before beginning the home search, so that you or anyone in the family don’t feel uncomfortable in the dream flat.

#4 Falling For ‘Zero Down Payment’

Yes, it appears as the readiest option to avail & own a house at an early stage in your career.

But look in depth before taking the leap. Be alert that low or no down payment eventually implies

A higher interest burden & extended repayment tenure – almost ‘trapping’ you in the loan cycle for life.

While the ideal 20% down payment can become impossible, try at the least to go for the average scale of 6%-10%.

#5 Lacking On The Legal Aspects

Another must-to-focus on point. If you want to buy a home, without any pitfall & keep it as a future

investment option, make sure to foolproof all the required legal terms associated with possessing the abode.

How to? Getting in touch with a reputed building house is the criterion that ranks top in here.

Since a well-known builder is sure to execute the sale & property transfer procedure, following every regulation.

In essence, owning a home is a lifetime matter. So be conscious & smart while undertaking the journey of buying it. Allow Team Realtech to help you.

With the goal to cater Home Sweet Home to everyone, we offer you the most dapper Flats in Kolkata to explore & choose from.

Ring us whenever it’s relevant.

Is the time to finally retire in life approaching you? So what’s the plan for cherishing retirement life? Fulfill the dream of owning a Flat in Kolkata? A dream that’s been overshadowed by liabilities & responsibilities till now?

While this wish of yours is most delightful, get aware of one aspect. It’s your retirement fund, the money earned by working hard throughout life, you will be investing.

Therefore, making the move in a conscious manner is of utmost importance – ensuring no waste but the best usage of your lifetime’s income.

How to get conscious? Well, to offer you real-time moral support, here emerges a:

Pro Guidance For Senior Home Buyers

Each tip is tried, tested & proved!

#1 Opt For Lower LTV

To state most practically, a 60+ individual pursuing a home loan gets a quite short repayment tenure (10-15 years), considering the maximum age eligibility being 70(for applying) to 75 (for repayment) in banks & reputed financial organizations.

A shorter repayment period also spontaneously increases the EMI size.

But, you can surely deal with this situation tactically, by –

⁌ Going for a decreased loan-to-value (LTV) ratio. The standard range is 75% to 90% of a property’s price; try adhering to the beginning yardstick by making as much of a higher down payment as possible.

⁌ A lower LTV ratio means lesser EMI obligation, and it also strengthens your chance of getting quick loan approval from any & every lending organization.

#2 Commit Add-On Collaterals

A true smart move to make for enhancing your eligibility as a senior home loan pursuer. As per one famous senior home buying assistance executive:

⁌ Retirees can mortgage own high-value collaterals like equity shares & mutual funds to the lending bank or financial body for doubling up the approval amount.

⁌ This hack also reduces the lender’s risk & quickens, in effect, the approval process.

#3 Include A Co-Applicant

Along with a short repayment tenure, a pensioner or senior person with no fixed monthly income may not meet the income criteria a lender requires.

One perfect hack to resolve both these issues is that of having a co-applicant while applying for a home loan. Note that-

➼ An earning co-applicant, who is also a family member (spouse or child) improves your possibility of gaining a much higher loan amount

➼ And availing tax deduction on principal and interest amount – as per Sections 80C & 24

If the family’s decision will matter in finalizing the home to buy, why not involve it into the buying process? Give it a thought.

#4 Select Most Carefully

While age is indeed just a number & no obstacle to cherishing life in the way you wish for, there come up certain matters for consideration, when post 60, you proceed to purchase an apartment/house.

Are there healthcare facilities nearby? Do the home delivery services function in the locality? How good is the location’s transport infrastructure? Is the area calm & quaint with good-enough greenery around?

Check all these criteria while exploring the Flats in Kolkata & pick the one fulfilling them. To thus relish a smooth retired life at your desired home.

Also, when moving into a housing society, make sure it is equipped with an up-to-date security system & 24*7 electricity & generator facilities.

Anything else? Endeavor for an apartment with a planned interior featuring compactly designed spaces & rooms – to thus let no senior citizen experience the malady of a cluttered home.

#5 Prepare Thoroughly

In the opinion of 1 veteran conductor of senior citizen home buying program, 60+ home buyers need to maintain a strong financial ground more than any other age group, to thereby be as much of eligible as possible for their required home loan.

Some effective tips in doing so remain:

➼Closing any other loan prior to applying for a home loan

➼ Not utilizing more than 30% of the monthly credit card limit for 6 months before the loan application

➼ Keeping a credit score within the 600-700 mark

➼ Pledging to EMIs not exceeding 50% & not lower than 40% of your pension or retirement allowance. EMI affordability, especially in the case of senior citizens, is one of the crucial determining factors for a home loan lender.

In addition, make the most in-depth research about senior home buying schemes & interest rates available in the present market.

Is the plan now appearing clear-cut to you? Why delay executing it?

As for exploring Flats in Kolkata & possessing the best one for you, simply connect with Team Realtech.

We commit to catering apartments suited to senior citizens’ needs – to the limit possible.

Call us on your time.