Things should know about before BUY or RENT house for student…!!!

Student housing is the new thing which is becoming popular day by day. We all like to live in nice and comfortable accommodation. Many students usually move from their home town to big cities to pursue higher education or to pursue a career. Thus, student housing is becoming popular these days. There are many things that are demanding such accommodation for students and working professionals.

We start learning from the time of our birth and this process of learning keeps us alive as long as we are alive. According to research, a common man spends about half of his life learning new things.

When we are born, we start learning in our homes and then we join educational institutions like schools, colleges to learn more about various things. To study further or find a job, students move to new cities or countries and that is why they need best accommodation.

Major cities in India provide many education and job opportunities for students and working people. Therefore, the demand for rental space like PG, hostels, single apartments etc. is increasing very much today. Not even in India but worldwide there is a high demand for such rental housing. Finding a home is the first and foremost concern for those who are relocating to new places. Previously, it was difficult to find accommodation because we knocked on every single door in an area to find a flat or apartment. But now, the internet has become a single solution as we can find many accommodations with their photographs and other details for further processing.

Students can find different types of accommodation according to their needs as well as their budget. Most universities and colleges enable students to stay in their hostels. In addition, you can stay in PG or rent a flat where you can share your rooms with your friends and save money. So, you need to plan your stay, and then start hunting for a rental accommodation meeting with your needs. With the increasing demand for such housing, many people have converted their properties for rent a flat and apartments. To attract tenants, they provide many facilities so that students can contact them and stay there.

According to expert real estate investors, such housing is very profitable and gives high return on investment. Student housing is growing rapidly in the real estate sector and investors are sure of their faithful returns. The trend of converting a house into a flat or apartment is getting bigger and that is why you can find such rental accommodation options in every city corner. And its demand will increase continuously in the near future.

Student housing is the new term in the real estate market. Those who migrate to new cities seek rental accommodation meeting their needs as well as budget for the first time. They ensure that the apartment should be filled with all the important facilities and should be available under their budget. To find a suitable and comfortable apartment in every city, it is advisable to check online first, where you can get enough accommodation options and pick the right one.

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Be Aware And Should Know While Hunting A Rented House

When hunting for housing rental, if you are not aware of the basic information on how to be safe with scammers and their techniques, then you can face real big issues in this market. Therefore, you should be familiar with the basic ways to rent property easily without falling prey to fraud and shady schemes. We have added some very useful and important tips that will help you locate the rental scammer that you may have to face while searching for your ideal rental accommodation.

1. Do Not Start Deals with Cash

Most of us start dealing with cash which should not be done as it becomes very difficult to detect the crooks if the transaction is done in real cash only. Thus, when you pay in cash to rent a place, you will not be able to find them if people cheat because they can run around the world with your money.

It has been observed that if the owner of the property wants to do some fraud with you, he will always try to convince you to make all the payments in cash. It is advised not to deposit security and pay the previous month in cash but you can go with wire transfer instead.

2. Go to Rent Place First                    

If you are paying for a rental place that you did not trust by trusting the words of the estate agent, then you are indeed making a big mistake. You should first go to the location suggested by your agent before making any payment to him. This way, you will not regret your decision and can go to another landlord if you are not satisfied.

A real landlord will call you to see your property so that you can find out if it suits you and your needs. Photos uploaded to various property sites may differ from the original property. Therefore, make sure to visit the property first and evaluate the condition of the property yourself. It is also beneficial for those who have to go to other places for work or study. You can enlist the help of your friends, relatives to visit the rental place to find out the reality about the property. It would be great to talk to landlords rather than coming in contact with an agent directly because the scimitars can have access to the property and fool you. Therefore, make sure that you check all aspects of the property before renting.

 

3. Make sure to sign the lease in writing

When renting a home, make sure that you sign the lease in writing only. This is necessary because there is no guarantee of a verbal agreement, but with a written agreement, you have complete assurance that you have not been a victim of any fraud. If you make a verbal agreement, chances are you will have to take the fraud to court, but proving that it will become a real headache due to lack of evidence.

Therefore, be sure to sign a lease contract with your landlord and the landlord must remember to sign the agreement with the tenant. When signing a physical contract, make sure that-

• Must be the signature of the landlord. 
• You get a copy of the agreement with the landlord.

You should consider carefully before renting a new flat with your children...

Renting is an excellent solution to live a peaceful and comfortable life without spending large amounts of capital. Although moving to a new home can be exciting, you need to make your choice more carefully to avoid many problems in the future. If you have children, your rental decision should include many important factors so that your younger people can live their lives to the fullest. While searching for an apartment for you and your children, you may come across a landlord or two who will inform you of the ban on children. There may be some restrictions for their safety, but others often pressurize them to avoid sports and socializing. Well, you need to avoid such foolish landlords who will act like a monopolistic dictator for your children. In this writing, we have shared some important factors that have to be considered before renting a flat with your children.

1- Set your budget

This is the most important consideration that you should do before searching for a rented house. Ideally, your house rent should not exceed 10% of your monthly income. But this should not be the only consideration when choosing a budget for your rented flat. Rather, you should calculate the total expenses including utility services, insurance fees and taxes before allocating a fair share of the money to be deposited at home.

2. Search the right way

Finding online flats for your children can be difficult because you, not every owner or agent, openly states the level of child friendliness on websites. But still, the real estate portal is a good place to start your property search. Many reputed real estate portals offer classified options for child-friendly independent apartments for rent in any area of any city. Advertisements on these websites usually provide contact details of the agent or owner. You can contact the person concerned to book a home inspection schedule. 

3. Check the features

Living with their children follows a long list of needs. Thus, you need to set your priorities and write them on a piece of paper. You may need a home that is close to school or workplace and has child-friendly policies. Ensure that the apartment has all the basic facilities like water and electricity. Also, find out society's provision for safety so that your children are safe at home, even if you are out for work.

4. Rental Agreement

Most of us sign an agreement before reading it well. But this should be avoided in the case of a lease agreement as the success of your kidney period depends on it. In addition, the rental agreement will serve as a valid proof at the time of any dispute with the landlord  or other tenants. The agreement will provide information about the start and end date of the rental agreement. In addition, it will provide information about rental prices in society, rules to follow, and the reasons why your landlord may terminate your lease contract.

Do not let your eagerness to find a rented flat for your children result in poor judgment. There is nothing worse than finding a flat that would be unsafe and inappropriate for your younger people. Therefore, after checking the facilities required for the good of your family, make this decision carefully. And, make sure you get a property that comes with child friendly policies.

Amidst Corona virus Epidemic: Know the Impact on Financial Investment in India

The whole world is facing the COVID-19 epidemic. And, while its outbreak in China has only ended a few months, it has already affected 74,61,261 people worldwide, recording 4,19,070 deaths so far. The rapid spread of the virus has prompted people to keep their money in liquid form. Thus, instead of investing in the market, more people are selling their property. In just a few weeks, the epidemic has shaken investor confidence. Thus, the SENSEX is showing an unprecedented slowdown. In addition, the crude oil war between Saudi Arabia and Russia has led to instability in the equity and debt markets.

It is estimated that very soon, corona virus can infect two-thirds of the world's population. This scenario is going to have a negative impact on the Indian economy as well as global economic growth. Let us examine the effect of COVID-19 on most investment routes in India.

1) Sensex is below its 10-year average

The stock market is in turmoil as broader market valuations have slipped below the 10-year average. This is the worst time to sell shares as the Sensex has turned negative. The value of shares in the market has fallen by 44 percent, yet due to uncertainty people are eager to sell their shares. While some financial experts suggest that this time may be optimal for long-term investors, hype is that the market may take several years to recover. In addition, there may be a further decline of 8 to 10% over the next few years. Therefore, there is no certainty for the recovery of higher returns in the future.

As the stock market is witnessing heavy selling, this is the worst time for short-term investment. Right now, you should stay away from small and mid-cap stocks until the volatility settles.

2) Tourism and aviation are showing a sluggish business

The rapid proliferation of corona viruses has severely affected the aviation sector. Most international flights have been canceled, and even domestic carriers are showing sluggish business. Tourism is an important opportunity for income generation in India, but unfortunately, there is a panic in the tourism sector as thousands of tourists are barred from visiting India.

As a result, the hotel and restaurant industry is also showing a petty business. Also, all places of entertainment have been closed because avoiding public meetings is a preventive measure against COVID-19.

3) Gold is not so good for investment

Currently, gold prices are touching an all-time high due to the outbreak of COVID-19. Gold has been seen as a place of investment, with equity markets taking a step back from risk. Although gold is expected to benefit from the low yield scenario, it cannot be considered an interest-bearing asset. Eventually, gold prices will definitely decline after a few months.

If you are already investing in sovereign gold bonds, this is an opportune time to sell them and profit from gold price movements. But now investing in these bonds will not be beneficial.

4) Real estate shines amidst all the uncertainties

As the novel corona virus continues to spread throughout the world, the residential real estate market will feel the effects of quarantine. According to an estimate, only 15% of households in India provide at least one room per person, which is mandatory for self-quarantine. Therefore, in the next few months, there may be high demand for fully furnished homes on rent. And, property owners can take advantage of high rental demand.

As the government focused on the need for social isolation, the sale, purchase and construction of real estate will continue for the next few months. According to a survey, between the COVID-19 hit markets, there has been no change in the interests of the buyer and seller. Therefore, there will be almost no impact on the prices of assets. Although the commercial real estate market may not attract new rental interests over the next few months, there will be no drop or rise in their prices.

While each avenue of investment is showing a degree of uncertainty, real estate is the safest option at hand. Investing in stock and tourism businesses cannot be rationalized at present as these sectors are showing no signs of recovery soon. While gold prices have gone up, there is a strong possibility of a fall in prices after a few months. Therefore, if you are thinking about investing your money, then real estate is the best option as it is possible to drop its prices due to any market fluctuations or political, economic and social scenarios.

Plan to fight corona virus? Pay attention for house you live in

The rapid introduction of corona viruses has endangered the entire human community throughout the world. Although corona virus was first developed during 1937, a recent version of corona virus that originated from Wuhan, China is responsible for an acute respiratory syndrome that is highly fatal. Among humans, corona virus infection occurs mostly during the winter and early springs as the virus finds a precise environment to live and thrive.

The World Health Organization and many research institutes around the world are looking for an action plan to control the spread of the deadly virus. Currently, preventive measures basically focus on avoiding human-to-human transmission. In addition, there is a need to focus on the environment - water, soil, air and man-made surfaces.

Dark and dirty environments serve as a repository of pathogens. If people live in a contaminated environment, they can become infected with the virus. Therefore, to deal with virus outbreaks, it is important to live in a green building. Some of the reasons supporting this idea are:

1) Airlessness and vapor barrier in building walls

Viruses mostly live as living cells in an organism's body. But when they are not inside a host, it is present in the environment as small particles. There is scientific evidence that most pathogens live in dark, cold, dirty environments. Generally, viruses prefer low temperatures, about 4 ℃, and low humidity. Therefore, to prevent them, it is better to stay in the green building. Aeration and vapor barrier in building walls retain moisture and moisture from outside.

2) Low solar heat gain coefficient

Green buildings include a low solar heat gain coefficient that is the amount of solar radiation that enters through the glass and is released as heat inside a building. A low solar heat coefficient ensures that the environment has a moderate temperature that eliminates the growth of pathogens.

3) Open, natural environment

Most infectious diseases, including severe infectious respiratory syndrome that are caused by corona virus, are due to human-to-human contamination. Thus, it is better to live in less crowded areas. Green buildings are usually constructed in open, large spaces, probably in a suburban location, which is very good for the prevention of the disease.

4) Antimicrobial floors and walls

Green buildings have anti-microbial floors and walls that can inhibit microorganisms. There are no seams, welds, or grout lines on these surfaces where fungi and bacteria can potentially irritate and grow. Thus, green buildings promote clean and hygienic conditions.

There are many real estate developers in India who are developing green buildings. By staying in these houses, you can avoid infectious diseases to some extent. These include airtight walls and floors that can improve air quality by eliminating the entry and growth of microbes. And, there are many other benefits of living in green buildings including energy conservation and rainwater harvesting. Also, the building materials in these buildings never harm our environment or harm people in it.