The Impact of RERA On Real Estate Industry and Benefits

Due to various deregulation of business establishment processes and the ease of doing business of many foreign players and multinational companies are now getting attracted towards India. The current tempo of the luxury real estate market in India is expected to continue as demand for luxury houses is increasing. In North India, the growth of real estate market dominates in Delhi NCR, Gurgaon and Noida, especially in high-growth projects. After the implementation of RERA certified properties in India, the industry has experienced improvement in project execution and delivery in the residential segment. The provisions of the Act have compelled real estate companies to focus more on project delivery, resulting in being ready to buy apartments in number of cities as well as being available to home buyers in various parts of the country. The Act is capable of generating positive feedback from both developers and consumers. Talking about the future, RERA promises an organized industry as it is progressive legislation. It has the potential to create a real estate industry that is desired by all as the properties have now become RERA certified

Industry benefits

• Governance and transparency
• Project efficiency and robust project delivery
• Standardization and quality
• Enhance confidence of investors
• Attract higher investments and PE funding
• Regulated Environment

Developer Benefits

• Common and best practices
• Increase efficiency
• Consolidation of sector
• Corporate branding
• Higher investment
• Increase in organized funding

Buyer Benefits

• Significant buyers protection
• Quality products and timely delivery
• Balanced agreements and treatment
• Transparency – sale based on carpet area
• Safety of money and transparency on utilization.

Agent Benefits

• Consolidation of sector
• Increased transparency
• Increased efficiency
• Minimum litigation by adopting best practices

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Real Estate Investment Tips You Can Use

If you are looking for more information about real estate investing, then you have come to the right article. Many people choose to invest in properties to ensure a solid income for the coming years. What it takes to be a supporter is only to make wise business decisions that produce great results. Keep reading for some practical tips!

Talk with a real estate expert to help with your planning and see if there are holes in your strategy. This will help you get a good idea of ​​where you stand and what you need to do to accomplish your goals. They can tweak the plan and give you an alternative plan instead.

If you ever feel a setback with your plan and strategy, never give up. The real estate market is full of many great and bad times, so if you make a null in your search, be sure to stay strong. Persistence is the key to success when working with real estate.

Do not automatically assume that the value of an asset is going to increase. Such belief is dangerous even if markets or parcels are not involved. Invest in assets you know you can trust.

The prospective tenant should be able to afford both rent as well as deposit for the first month. If they cannot, then they are not a reliable bet for you. Find another tenant.

Do not think that you always have to pay the list price for a piece of property. Too much time will make an owner exceed the price, as they expect people to interact and negotiate with them. They should not be afraid to make a low offer because they can just give you that money.

Do not dig around the property that you have not closed. It may also be illegal to dig in some areas, so do your homework first.

Find a market for foreclosures, as these can provide you with the most income during your investment. These properties will be listed below the market value of the house, as you can get some great deals to make a profit. There will be a bidding war, but if you win you may be sitting on a gold mine.

Try to improve your book. This will help you keep things as organized as possible. There are many more pressing things to think about. It is necessary to practice good bookkeeping if you build these habits so you can avoid big mistakes

Understand that real estate investment is a commitment. You may have heard a lot about quickly flipping properties for profit, but the reality is that you can make good profits by buying carefully and managing the property until property values ​​increase.

Constructing the best type of building for you to invest in. Buying property is just one aspect of real estate investment. You need to consider what you should do to maintain the property so that you can sell it for profit. You will need more or less to maintain different sized homes. Take only what you can handle.

It is important to know what you are doing yourself when you decide to invest in real estate. It does not matter whether you are a novice investor or a pro, yet you need the right advice to watch. Use what you have learned from this great article to ensure your success for years to come!

How to make your house burglar proof?

Buying a house is every Indian's dream. And, after years of effort, when we buy it, we want to be there safely without worrying about the threat of criminal intrusion. Being burglar can be a life-shattering experience that affects everyone in the family. But the harsh reality is that despite strict law and order conditions, housebreaking is a common occurrence. To secure your home and make it burglar proof, you need to install a state-of-the-art home security system. Here are some simple tips that you can apply to protect your home against potential criminals.

1. Secure the doors

The doors of the house must be strong and properly fastened. Instead of using traditional locks, you should use smart locks that will let you open the door using a keypad, finger scan, or your mobile device. With smart locks, you can keep your doors locked, without the need to carry keys. For added security, you may consider locking the interior doors.

2. Ceiling Your Property

If you have an independent house or villa, consider fencing it with high, strong walls. This will protect your home from trespasses and provide you with a high sense of security. In addition, proper boundaries will make the interiors of your home invisible to outsiders. While making the boundary wall of your house, take care that there is no scope to cross or break it.

3. Install motion detector

Today, you can find AI-based security alarms that can sense any criminal intrusion such as theft. You are not required at home to receive alerts from fire alarms. Rather, you can get this information through your mobile phone at a distant place as well. The windows of your house can provide easy access to the house. So, you can consider installing motion detector alarms at these points.

4. Install Burglar Bar

Burglars can break through windows and balconies. To make these points burglar-proof, you can install burglar bars. Installing burglar bars may not be aesthetically pleasing, but they provide an extra layer of protection to your home. They are effective in keeping intruders out of your home. To add an extra layer of protection, you can fit your windows with safety glass or laminate of the window.

5. Install Security Cameras

Installing CCTV cameras is the most strategic way to keep an eye on people walking or moving around your home. You can set up the camera in all the areas you want to monitor. These days, you can find a home alarm system with a camera. If you have young children, installing CCTV cameras can be useful to keep an eye on them when they play in the garden or live alone at home.

6. Get Video Doorbell Camera

It is one of the most effective elements of a home security system. A doorbell camera can provide you with up-to-date monitoring of your home. You can get live footage of security cameras anytime.

7. A high quality safe

To keep your valuables safe, you should buy a strong, fire proof. It is best to purchase a code-based locker so that it can only be accessed by you. Make sure you create a strong passcode and do not reveal it to anyone. Also, whenever you buy an expensive item, take its receipt and keep it in the vault. Keeping a receipt will help you process an insurance claim if something is stolen.

With the above tips at hand, you can make your home burglar-proof, keeping your family and property safe. While there is no up-front limit on how much you can spend on keeping your home safe, all of the above mentioned techniques are still inexpensive. Remember that most burglars target homes they can reach easily. The longer it takes them to enter a house, the more likely it is that you will have time to notice them and call the police.

Bachelor's Faced Challenges While Looking to Rent a Flat

For most of us, bachelorhood is probably the best phase of life. Ultimately, we are free from major responsibilities. In addition, we get freedom to spend our time and money. But there are many challenges in the lives of single people. While there are hundreds of apartments available for rent in every city of India, finding suitable accommodation is one of the most difficult parts of living as a graduate.

Many landlords in India feel that singles have a tendency to remain unwell and rent a flat for them can be detrimental to property. In addition, there is a common bias about landlords that single men and women have a tendency to booze, party, and listen to loud music, which in turn creates a problem for others in society.

1) Higher rent

While the rent of a flat should be the same for a family or graduate, the fact is that a graduate has to pay more rent. Landlords feel that if they are renting their house to a single man / woman, they are allowing them to misuse their premises. Thus, they charge a higher amount to meet the maintenance fee. Another reason that makes landlords more expensive is that graduates change their housing more often. Therefore, they have to find a new tenant every time.

2) Huge deposits

The fact that unmarried people change their accommodation very often is like a nightmare for landlords. Thus, they want them to pay a large deposit for their house. By keeping a security deposit with them, the landlord ensures that tenants will not leave their flat without serving notice period.

3) Restriction on food habits

Many times, single occupants fail to find a flat due to following a specific eating habit. While this sounds ridiculous, it is true that landlords question their family background, race, and many frivolous questions about whether they eat non-vegetarian food, smoke or drink. While many landowners avoid renting non-vegetarian people, another broad-minded people tell them not to use the kitchen for cooking.

4) Enquiry

If you are a single man or woman, landlords can ask you hundreds of questions about their personal lives to ensure that you are fit to live in their home. The many questions that a landlord may ask you can include whether you have a boyfriend or girlfriend, will you bring your friends home often, etc. The landlord may be prohibited from being a guest, listening to music, or coming to the flat at the time of mugging.

5) Deep-rooted biased

If you are looking for rented accommodation, then you should work on your looks. Landlords can judge you for tattoos, ripped jeans, very short hair, spikes and other fashion trends. You should look well cultured and cultured.

Today, single rent hunting games are being lost due to the conservative vision of the landlords. So, if you are looking for a single male / female flat, make sure that you be patient while searching for your accommodation. Alternatively, you can take help from a real estate company that will offer stylish, serviced and well maintained flats for a single man / woman.

Surprising truth about villas you may not have known before...!

Villas were originally houses that belonged to the upper echelons of Rome. In ancient times, they belonged to the kings and nobles of Rome. These houses were designed to provide all the creature comforts to the inhabitants. After the fall of the Roman Republic, the royal villa was reused as a monastery. During the middle Ages, villas were large country houses, consisting of vast farms all around. Over time, villas became the first choice worldwide and their designs evolved greatly. In modern practice, villas can be referred to different types of homes, but the basic concept is still the same, namely, well-designed independent houses with open spaces at all locations. Unlike their traditional counterparts, modern villas do away with intricate designs, high ceilings and broad columns, but luxury is still the major focus.

Whereas a few years ago, most house buyers preferred to buy flats due to low capital investment and high security, today people's choice has changed. Now, they prefer to buy villas as they are a good option for exclusive, spacious and long term investment. But many people still feel doubtful about buying a villa because they take into account many misconceptions. In this blog, we have discussed some great truths about villas.

1. Reasonable

While we often think that a villa is a highly expensive option, it is not. You can buy an affordable villa in a suburban location and it will cost you approximately the same amount that would be required to buy a 3BHK apartment in the city center. The best thing is that the former option is much better because it will become the property of your family. But ownership of an apartment only lasts for 60 to 100 years.

2. More amenities than apartments

Many of us think that staying in a villa is not a good option because unlike apartments, one does not get all the community services like clubhouse, swimming pool, yoga center and gym. But if you like all these benefits, you can buy a villa in an integrated township project or gated community. The best thing is that it will cost less than an independent standalone villa.

3. You can enjoy living a community

While many feel that apartments provide an opportunity to socialize more, the fact is that as many people are living in the same building, people feel claustrophobic and tend to live more isolated. Conversely, by staying in a villa, you get to socialize with limited families, but they are of a similar class. Therefore, there is more scope for a healthy relationship.

4. Enjoy the lifestyle of your dreams

When you buy a villa, you get space for everything from terraced gardens to your king-size bedroom, gym. It comes with the freedom to design and redesign your space as you wish. In addition, you can upgrade it according to the needs of the developed family. Also, you don't need to get society's permission for petty things like petting an animal and parking your friend's car.

5. Complete Privacy

Staying in the villa comes with complete privacy. You don't have to worry about the neighbor listening to all your family conversations from next door. Also, when you are in a destructive mood, you do not need to confront a troubled person. And, in addition to all this, you can give wings to your hobbies such as playing music and dancing without fear of disturbing your neighbors.

Luxury villas are a great way to ensure that you have the space to live the life of your choice. A luxury holiday villa is a great way to enjoy private life while escaping the bustle of the city. At the same time, it provides an opportunity to socialize with your limited neighbors. When you live in a villa, it appears that there is endless variety of things.