Showing posts with label Real Estate in India. Show all posts
Showing posts with label Real Estate in India. Show all posts

Thursday, April 23, 2020

Tips to keep your house safe with COVID-19

During these times of uncertainty, you want your house to be a safe place for you and your loved ones.

The possibility that touching someone with contamination can get the corona virus and then touching one's own mouth, nose, or eyes is still not ruled out and so a hand washing method is necessary.It is proven by the CDC, the National Institutes of Health and other institutions. The 2019 novel corona virus can live on plastic and stainless steel surfaces for two to three days. Therefore, avoid using plastic covers or vessels and buying any new containers in this time frame.

How long the virus survives on the surface depends on how it got there. Just touching one surface does not cause too much transfer, but coughing can cause droplets.

COVID-19 virus can survive for many hours on surfaces, but simple disinfectants can kill it.

To protect yourself and your family members, please include the following: 

  • Wash your hands regularly with soap and water. 
  • Use sanitizer in a scenario where you are away from the water or traveling outside.
  •  Eat diet that increases immunity.
  •  Try to use disposable cloth or paper towels as much as possible.
  •  Use your elbow or knuckles to push the doors

To protect your house from COVID-19, follow the steps below:

  • If a surface is visually dirty, first clean it with soap and water, and then use a disinfectant.
  • Wear disposable gloves when cleaning and disinfecting surfaces. The gloves should be discarded after each cleaning.
  • Make sure you have good ventilation in the area where you are cleaning.
  • Follow the instructions on the label of the cleaning product, and check to make sure it is not finished. 
  • Cleaning your house from top to bottom with a disinfectant will ensure that the corona virus is touched by you and will not live on anything affecting family, visitors, or housewives.
  • Use a diluted household bleach solution, or alcohol-based solution, with at least 70% alcohol.
  • Use EPA-registered disinfectants to kill germs on surfaces. 
  • Disinfectant surfaces like regular doorknobs, tables, and handrails.

Your hands are most likely to come into contact with germ surfaces and then touch your face, which is a possible route of transmission of the virus.

So, follow the precautionary measures given below for safe and hygiene: 

  • Clean hands at regular intervals.
  • Clean and germinate frequently touched objects and surfaces. 
  • Avoid touching your eyes, nose and mouth.
  • Cover your cough or sneeze with a tissue, then throw the tissue into the litter. 
  • Create habits and reminders to avoid touching their faces.
  •  Increase ventilation by opening windows or adjusting air conditioning.
  •  Change and wash your clothes regularly, especially if you are back house from the grocery store or are still reporting to work every day

Methods of washing hands: 

  •  Wet hands with safe running water.
  •  Apply enough soap to cover wet hand.
  •  Rub all surfaces of hands - including back of hands, between fingers and under fingernails for at least 20 seconds.
  •  Rinse thoroughly with running water.
  •  Available as dry hands with a clean, dry cloth, single use towel or hand drier.

Additional time for hand washing includes: 

  • After coughing or sneezing.
  •  After using the restroom.
  •  Whenever your hands are dirty.
  •  Before dinner.
  •  After touching animals or pets.
  •  Before and after providing regular care for another person who needs the assistance of a child or elderly person.

Living with family members in a restrained place for long periods of time and blitzing regularly with information about the epidemic can lead to boredom, anxiety, anxiety, and nervousness. It can also give rise to feelings of depression and fear, and can induce physical changes such as chest congestion and insomnia. These are all normal reactions in stressful situations.

Family members should be the necessary source to help all family members feel safe, positive and maintain a healthy mind.

This is the best chance to spend enough time with your family. To keep your boredom away, you can practice below:

  • Talk on the phone or make a video call with family and friends. 
  • Use other messaging apps to text or talk with family and friends.
  •  Play online games that allow them to play with other kids at house.
  •  Puzzle or Lego. Keep them clean and separate from other toys in the house.

If you or your family members encounter any emergency warning signs for COVID-19, get medical attention immediately:

  • Shortness of breath or shortness of breath. 
  • Continuous chest pain or pressure.
  •  New fallacy.
  •  Blue lips or face

Try to do all your bank transactions, mobile recharge, bill payment and other necessary things online to avoid exposure.

As soon as you touch people, surfaces and objects throughout the day, you accumulate germs on your hands. You can infect yourself with these germs by touching your eyes, nose or mouth.

Consider ways to bring medicines and food to your house through family, social, or commercial networks.

When going out of the house and returning house again, please be sure to follow the points below:

  • Use of masks is mandatory.
  •  Follow the concept of social discrimination in the queue.
  •  Avoid touching surfaces and objects in the supermarket.
Once you return from the supermarket or shops with the necessary items, make sure that you wash your hands and feet before entering the house. Keep aside the items and grocery you have brought and keep it in a place where there is maximum sunlight for a few hours, as there will be a possibility of exposing the virus.

To live a healthy and safe life, be sure to follow all these instructions and cleaning precautions even after the COVID-19 quarantine period.

Tuesday, April 21, 2020

How Real Estate Affected by COVID-19


COVID-19 affects real estate in the market 

The corona virus scare is infecting people worldwide and affecting the real estate market, as it is spreading rapidly at lightning speed. According to the economist the rate of the economy will decrease as most people have reduced or reduced their income to overcome the current global disease.

Due to the global disease affecting the world, many people are trying to keep away the social disturbances and save their belongings and savings which can come to the rescue in the event of being affected. As per the security measures, the government has implemented mandatory lock-downs, which has led to a slowdown in the economy and a huge gap in the exchange of funds.

Impact on Real Estate: The current situation will affect the economy as it will have serious long-term consequences that can last for months, years or decades and have targeted the market and economy. Currently the real estate is still stalled due to the lockdown as sales and marketing efforts have been halted, with no interaction between buyer and seller. Both customers are thinking twice before trying to exchange money. Even if a buyer does not decide to buy the property or a seller is not selling his property or the investor decides not to invest the money of the property thinking what will happen next in the market, it will hurt the economy. And real estate will decline. As people fear what will happen next due to global illness, there will be less demand from buyers, this will freeze finances and this will have a huge impact in the real estate industry. Construction of projects has been delayed due to travel restrictions. Precautionary measures have also led to a decrease in construction activities.

Real estate mainly relies on project listings, as listings bring in sellers and buyers, it will make money, as long as listings occur, there will be buyers who can put themselves at risk for investment. Since no new inventory is being created on new projects due to the lockdown, there is less advertising on the assets being exposed in the market. Due to the impact of Corona, the global economy has declined and has already impacted the market and businesses in the country which have affected the decline in property prices. The demand for housing is going to be affected as people are trying to save their cash due to salary cuts and may face it if the situation deteriorates, as hiring in the area has been completely halted.

Predictions

According to the survey published by Economic Times, India Bar, on 2 April 2020, there is a huge impact on Indian real estate as it stands still due to the nationwide lock down. Housing sales have been reduced by 25 to 35% and office locations by 13 to 30%. In 2019 residential sales in the top 7 cities (Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Pune and Hyderabad) are about 2.61 lakh units, which can fall from 1.70 lakh to 1.96 lakh units. Similarly, new launches can see a 25 to 30% drop according to ANAROCK Property Consultant. About 4.66 lakh units in the top 7 cities were earlier scheduled for completion in 2020, there may be a risk of delay. The nationwide lockdown has completely halted construction activity, project delays and may last several months until the epidemic arrives and this will cause demand to fall in supply.

Talking about non-residential areas, corporate businessmen are delaying their leasing decisions as many multinationals and businesses are testing the Work from Home option, which, if proven successful, will allow it to be leased in the future.

One positive thing to note is that this is the best time for investors who want to invest in real estate during lock down as it will be a passive income with low investment and high returns, attractive prices for them, Affects sellers financially. Sell ​​your property, good financing options as home loan rates are reduced and use your time in search of better properties.

To conclude how long the corona virus will last, no one knows, if it goes away in two months things may not fully recover or return to normalcy. The spread of the corona virus depends on the weather and how long it lasts, the flu season and it does not like the warm climate that disappears. As it has become a major epidemic and is spreading soon. In the end how long the corona virus will affect the market or economy depends on us and how we are ready to fight against it.

Saturday, April 11, 2020

Corona virus outbreak 2020 - affects real estate growth in India?


Today, at the endemic of this severe corona virus, experts are busy calculating abnormal human loss worldwide. People are suffering or out of home due to the outbreak of this virus. In the meantime, the effect of the unexpected opposition to this deadly virus spreading on the global economy has been agreed.

Considering COVID - 19, the estimated loss to GDP in the world so far has been assumed to be 0.2 percent. For the grace of God, the effect is by no means limited in India. But in this scenario, it is clear that the Indian economy, which has already seen a 4.5% lower growth in the July - September quarter, will probably not remain uninhabitable due to the worldwide economic slowdown. And, the realty industry of the Indian residential market is telling a different story altogether.

COVID - 19 affects the property market in India


If the data collected from SuGanta.com is analyzed together, it is clearly visible the fall of 9 important residential markets of India by 30 percent during the time span of October to December last year. It is deteriorating for the fifth consecutive time of Q3 financial year 2019.

The trend is also the same for the launch of new projects. Since the third quarter of the last financial year, the task of starting new projects has been facing a continuous decline in the mega markets. This caused an annual decline of 44% in the October to December time period.

Despite all the government-issued schemes, including the lowest interest rate on home loans and the maximum tax exemption on purchasing any residential property in India for the first time in the history of real estate, all efforts failed to revive property demands among homebuyers are in India. He still chose to remain unaffected by all the tricks played by the stakeholders to force him to go out of his fence. For example, the government took an action to limit GST to 1% for affordable flats, which also went into the vein.

Usually, the craze of buying and selling property in India increases during the festivals of October to December, which did not happen even in 2019. And now in early 2020, there has been an outbreak of the corona virus. And, it has also probably brought the worst times in the residential property market in India. 1705732 Corona positive cases reported globally as of April 10, 2020. And, it is only growing and causing more fear around the world.

The rate of property visits has fallen surprisingly


Well, impressed by the government's plans, given how interested some consumers were in searching for property on the Internet, the Corona virus outbreak just seized them again from doing any such thing. To date, on April 10, 2020, India has reported 7600 corona positive cases. The activation of social media and news channels has succeeded in making people truly aware of COVID - 19 and everyone tries 'Stay Home Stay Safe'. People are really creating social distance by listening to the words of PM Modi. Currently, India is on a 21-day long social lockout to stop the spread of pollution. So, in such a scenario, nobody is dreaming for a site coming to buy a property in India.

Plans for project delays !!


Indian real estate is largely dependent on China, which is the source for COVID - 19 outbreaks. India needs support in matters of sourcing home furnishing essentials, construction materials, plastic to steel to electronic materials and construction equipment from China. Now, India needs to look for alternative sources as China is busy controlling the epidemic of viruses. It will shoot project delays to make sure.

Monday, January 20, 2020

Greater Noida development body launch a housing scheme soon


Greater Noida: Families contemplating moving to the greener parts of Gautam Budh Nagar will soon have more options to choose from. The Greater Noida Industrial Development Authority (GNIDA) announced on Monday that it would launch more than 800 flats to provide 1BHK, 2BHK and 3BHK for home buyers in Sector 12, Eta II and Omicron I.


In the full list, a handful of ready-to-move flats will be available in the G + 3-storey building as well as in 20 storey high-rise towers. The residential allocation plan will be launched next week after the authority's CEO endorses the proper file.

The officer managing the scheme said that the units would be for three sectors – Eta II, Omicron I and Sector 12. The flats are priced between Rs 28.50 lakh and Rs 74.50 lakh, while their size is within 54.29 million meters and 132.95 sqm.

GNIDA first introduced a housing scheme (multi-storey apartment complex) in 2013. Nevertheless, the authority could not obtain buyers as the locality where the project was undertaken. Some flats in the finished buildings were to be brought forward in the forthcoming plans as the buyers were unable to pay the required amount or did not maintain the necessary documents.

The authority had then intended to auction 1,200 such flats before Diwali in 2019. Nevertheless, it did not initiate the scheme because it believed in focusing on developing projects that had previously been sold in the past.

As the apartment projects submerged in previous plans could not take-off due to land acquisition concerns with farmers, the authority granted built flats to buyers who could not be given possession. Assistant General Manager (Property) K K Yadav said: About 350 to 380 flats have been given to genuine buyers. The remaining 880 flats will be put up for sale next week. There has been a lot of development in these areas and many families are living in the surrounding areas.

GNIDA has reviewed the prices of ready-to-move-in flats to meet the current market prices. Originally offered for Rs 39 lakh in 2013, the 2BHK deluxe price has been increased to Rs 48.35 lakh. Apart from this, the price of 3BHK and 1BHK has increased from Rs 69.50 lakh and Rs 23.50 lakh to Rs 74.50 lakh and Rs 28.50 lakh respectively. There will be units to offer 1BHK flats on offer, the official continued.

The flats will be provided for a 90-year lease supporting the draw. The authority will be part of the 816 units approach at its entrance and enthusiast buyers will be offered the possibility to implement online.

Interested buyers will need to accommodate eight options. Nevertheless, a person will be able to choose only the flat on the floor. “The final allocation will be made within the draw of lots. If a person shows interest in only one flat, he will be in a position to ensure allotment without any problem. Flats that are in high demand will be handed over through a draw." 


https://www.suganta.com/properties-for-buy/noida.html

SuGanta Realty Services llp



Friday, December 13, 2019

Southern states have seen a huge decline in revenue through tickets and registrations


HYDERABAD: The economic downturn has generated revenue within stamps and registrations in southern states including Telangana and Andhra Pradesh this year. By October this year, Varna, when sent for a comparable session last year, saw a decline of at least 5% in revenue in some of these states.

The report given by the states to the Comptroller and Auditor General of Andhra Pradesh present in India is the lowest hit among all states with a loss of 18% taxation associated with the previous year. As of October this year, AP distributed 48% of the budget estimates from stamps and registration revenue, while it received 58.17% of the full budget estimate last year.

The state of Telangana is more reliable than its neighbor, but despite Hyderabad's stagnant real estate sector, the state saw a 6% drop in revenue when it belonged to October last year. The state approved 60% of the budget estimates for tickets and registration revenue, as of October last year, the state projected 66% of the budget estimates.

With an 8% revenue deficit related to the previous year, Kerala has got a great deal. While this figure was 45% this year, it was 53% last year.

Tamil Nadu managed more profitably than Andhra Pradesh and Kerala, with a decrease of 11% this year as opposed to the previous year. Tamil Nadu reported 58% of income in the current year, which came down to 47% by October this year.

Karnataka was the smallest success among the five southern states with a decrease of only 5%. As of October last year, it recorded 57% of the total budget estimate, which was reduced to 53% for the same period this year.

Banking and Financial Specialist. Narasimha Murthy said that focusing on more reliable results, Hyderabad is essential for Telangana as investors in the city are often interested.


Thursday, December 12, 2019

Tamil Nadu has a plan for portability in registration of properties in sub-registrar offices


CHENNAI: In an effort to safely secure the registration of properties, the state government is plotting to allow all sub-registrar offices in a proper registration district to monitor properties falling under its jurisdiction. Hitherto, sub-registrar offices can only control assets that appear to support their personal revenue jurisdiction.


Tamil Nadu, is divided into 50 registration districts and which has 37 revenue districts. The Chennai zone is divided into five registration districts embracing the revenue districts of Chengalpattu, Kanchipuram, Chennai and Thiruvallur.

The Chennai zone, which values ​​for 45% of the entire revenue produced in TN within property transactions, is estimated to be the most significant successor. Residents, who can travel 30 km from the core city areas to register properties set up in outlying cities, can now visit the sub-registrar office adjacent to their homes.

Kanchipuram and Thiruvallur districts will also benefit the people as the official boundary of the Kanchipuram District Registrar Office covers the entire Thiruvallur's district. Cross-registration of properties from one (registration) district to another, however, will not be allowed.

'Proposal under consideration of government'



For example, a person residing in the core city area who needs to sell a tract of land in Padappai is not required to inspect the sub-registrar office of Padappai. Alternatively, he can manage the sales deed at Adyar or Guindy registration offices.

Currently, district registrars in particular have the ability to provide land registration in any office in their (registration) district. Another official said, "This is decentralization of these capabilities for all registrars." The system is currently supported beyond the Pune region in Maharashtra, the source continued.

The movement will also help boost the number of property registrations in sub-registrar offices that prevent some land registrations. While some sub-registrar offices execute up to 100 transactions through the day, others record only several transactions in the respective registration district. The district registrar said, "With this facility in the community, people can estimate the registration offices of their choosing based on free time slots." This will definitely reduce the waiting time in offices, he continued.


Tuesday, December 10, 2019

Ghaziabad Development Authority (GDA) start working on Indirapuram Housing Scheme


Ghaziabad: After developing the layout plan for the upcoming Indirapuram Extension Housing Project, the Ghaziabad Development Authority (GDA) has started a ground review of the property and it is said that work is proposed to start in the following six months.


Single-unit houses and group housing communities will be developed on 130 acres of land near CISF Road, along with Kanawa in Indirapuram.

GDA Chief Architect and Municipal Administrator Ashish Shivpuri said, “The scheme has been distributed to the engineering department to exclude the examination in this area. Now, the violation will be recognized and murdered".

To ensure that the project does not cover any supply emergency, 10 pockets will be expanded in a phased exercise. In a particular situation the money produced from the sale of plots and houses would later be employed to explain the following pockets.

We will not use all the products at once because it is forced to create capital crisis before or after. Alternatively, we will appropriate investors' funds in producing more additional funds,” specifies Shivpuri. The authority will focus on houses built on plotted land in the area of ​​200 square meter to 350 square meter.

Some group housing communities will also be allowed. About 50% of the area will be allocated for housing, while 5% will be used for commercial purposes. Roads and related foundations, schools, and other facilities will be accepted on the outstanding portion of the land.

In the instant, the GDA has about 62 acres in its dependency, but in a dissemination application. To include the land, it would buy an additional 70 acres from farmers immediately or under a land-pooling exercise. It will be used to provide services such as roads, parks and schools. However, a layout plan has been prepared for the entire 130 acres of land.

According to administrators, the project was conceived in 2005 on 229.5 acres of land at Kanwa in Mahiuddin Pur village. Nevertheless, the project did not gain much momentum due to prosecution by farmers over the payment amount.

Thursday, December 5, 2019

Notice to more than 130 Illegal buildings by Chennai Civic Body


CHENNAI: To avoid incidents similar to the example in Mettupalayam on Monday morning where a fragile wall fell and 17 people died, the Greater Chennai Corporation recognized 354 dilapidated buildings beyond the city that needed to be destroyed, But only 139 of them broadcast a notification.


Two-thirds of these houses, reputed in pre-monsoon review, have been set up in the Royapuram area, which disrupts the trader's Sowcarpet district. “The bulk of the rotting buildings are in Sowcarpet area. A senior corporation official said that despite the apparent danger”, there is a strong opposition to the destruction of these buildings.

These buildings are used and in poor condition; The officer said that if the building or unusual part bothers passers-by, it could cause serious harm or the person could be removed. Earlier - Current events have taken place in North Chennai, T-Nagar and Nandanam.

Corporation representatives and engineer engineers review magnificent buildings to monitor cracks and for additional signs of decay. The life of the buildings is also examined. Complaints of residents are also considered.

"Based on this, a motion is sought on whether a building needs to be slanted," said an official. A demolition notification is rescinded, which is accepted by the concerned tenant within 15 days to a month. If the tenant does not despise the building, the civic body can produce and disassemble its separate equipment, while the costs must be supported by the tenant, an official said.

The official data register that 15 cases have gone out of court. 354 buildings were overlooked. Alternatively, the tenant may apply for notice in the court or get a certificate from licensed surveyors working with the ChennaiMetropolitan Development Authority (CMDA) that the building is safe to live in.

Out of the 140 demolition notices approved, 82 were in Royapuram area, where 236 buildings were considered dilapidated. In the Anna Nagar area, 42 buildings were classified, but only nine demolition notices were canceled. In the Kodambakkam zone, 27 buildings were classified and 22 were given notices.

A civic official recommended stating that they begin the review and issue the announcements in September before the rain. A senior corporation official said that they would consider cutting the water, sewage and power associations in line with the Chennai Metro water Supply and Sewerage Board(CMWSSB) and TANGEDCO. "Since we grant planning permission, we are authorized to do so," the official said


The Phase of Real Estate had changed due to Technology


Technology has endlessly impacted businesses such as transportation, healthcare, financial services, retail and many more, with similar approaches sharply changing the real estate sector. From home to online booking to view, technology has satisfied a great idea to boost the life of the customer. Due to technological advancement, people have immediately become smarter and hold an easy path to the heaps of knowledge.


The importance of technology in our everyday lives is undisputed. We all accept the case that today's progressive world is insignificant without technology.


Within technology, innovative opportunities are knocking at the door


Technological achievement has taken the world to a different level and this picture is completely different from previous decades where it is challenging for sellers to combine with buyers.

Simple search methods: Google search has made it easy to find any information in a mouse click. Real estate companies now have their own websites and apps, where customers can preview the information they need. Technological developments have even broken the geographical barrier where NRI customers can book and finalize homes from any part of the country. In fact, due to increasing technology, it is easy to seek professional advice from the client in case of any doubt.

Online Payment Options: With online payment options, buying and selling homes has become much easier than before. Whereas earlier customers had to appear in person and a singular date was established to receive payment. Now, due to easy bank transfer and various techniques of receiving payment, instant payment has become easy.

Chat bots: Marketing and sales enforcement is enhanced through chat bots. Chat bots assist as a point of communication between customers and companies as they market direct questions and assure customers to resolve their inquiries.

Social Media: Every news with social media is just a picture. It prefers each specific detail that is important from the customer's point of view.

Home computerization: Making our lives easier and simpler with technology. Smart homes have become the foundation of a stable lifestyle. It is technology that has caused home automation in the picture. Everyday we understand the latest home automation to get our home protected and technically exceptional. Home automation encompasses a wide range of functionalities.


Let us understand some contemporary devices which is the most suitable example of home automation:-



Great control: This thing is a personal wall switch that practices wi-fi to connect and use with multiple devices in your home. The color finish screen and a user-friendly button will let you play music, control lighting, approximate temperature and many more. It is reasonably priced but is a smart choice for a high-tech home.Combined with a wi-fi that assures you to regulate temperature from a phone, tablet, or your system.


Smart heating and cooling: An inclusion of primitive sensors that adjust to reduce hot and cold points in different rooms. The technology that brought about revolution in today's world has been an essential component of our lives.

Real estate is changing the face of unnatural intelligence as technology changes. It is anticipated that artificial intelligence will be able to fully handle the market. It first managed to become a monologue platform, but due to advances in technology, it has now interacted with an online program. Due to this advancement in technology, it is predicted that the overall business board is a real estate or continues to prosper. SuGanta Realty Services llp offers you a range of apartments, villas, flats, farmhouses, plots, Offices, Spaces, Shops, Builder floors etc on affordable price and amenities.
 



Tuesday, November 5, 2019

The Government is considering giving more power to RERA officers


Real state regulators are all over India and sources have said that they will expedite amendments to the Real Estate Regulation and Development Act (RERA) to give more teeth, especially to conduct the orders passed by them.

It is not only home buyers who are obsessed with non-compliance by builders, legislation and orders established by the Real Estate Regulatory Authority (RERA), even regulators are concerned with the unfair disposition of builders.

Fed up, regulators are expected to explore further authorization under the law to make them legitimate to engage the untold inventions of builders to make them fall in line and find ways to complete projects.


They are also expected to raise issues before the government, including funding conditions for the region, which is unhappy with abandoned projects beyond the country. "Our terminal responsibility is to understand that abandoned projects are executed and therefore we have to look at liquidity issues," a regulator said.

The government is considering giving regulators more control so that they can practice bold steps. The law had created a perception in the states, there were some challenges to pursue it. He said that some legal matters need to be determined for the efficient functioning of the regulators.

It is a collective effort to recognize the issues early, address them and make suggestions to the government. Most attention is on how to strengthen and develop the system.

SuGantaRealty Services llp offers great information to all about upcoming project in property. Our team of experts offers a route to sellers to use all the options to reach to the maximum number of buyers. On the other hand, we give entire information about the property to the buyers and thus, allow them to make a good decision by www.SuGanta.com