Category : Smart Residential Living

Buying property Smart Residential Living

Is it a right choice to buy a property this Akshaya Tritiya?

Apr 18,2018 / By / No Comment

buy-homeWe all know that Akshaya Tritiya is an auspicious occasion for buying gold and making such other investments. This day is considered auspicious for both donations and investment, Akshaya Tritiya is one of the three most religiously significant days in the Hindu calendar.

Homebuyers, looking for property, can make a purchase on this day and those, who have already bought a property, can do the Griha Pravesh ceremony on this day.

 

Reasons to buy a home during Akshaya Tritiya

Free goodies: Some developers are offering discounts on the base price. Some builders are offering freebies such as modular kitchen, electrical appliances, woodwork furnishing, gold coin, vehicle, etc., depending on the ticket size. Homebuyers can select these freebies to bring down the total cost of buying a property.

Lower interest rates: With low-interest rates given by the financial institutions, developers turn up with new schemes in housing projects making it an open wide road for homebuyers with low interest and more alternatives in housing plans.

Less risk-ratio: The property prices in most of the places in India have gone down for certain reasons rather growing. This reason makes it promising for home buyers who are a few steps away from having a property to buy one this year.

It also makes the properties affordable compared to the prices a few years back. The real estate market is now steady with reasonable property prices, so this is the right time to buy a property of your own.

Cities you can invest in this Akshaya Tritiya
Buyers should consider options, based on their investment, expected returns and risk capacity. Big cities and metropolitan regions involve large investment and the returns are comparatively lesser, in comparison to emerging cities, where the investment amount required is low, and the returns are quite higher.

The most attractive cities for investment in property are Pune, NCR, Vadodara, Jaipur, outskirts of Mumbai and all the developing localities where infrastructural development is making a big impact.

Above mention, cities are also attractive because of the rapid acceptance of commercial real estate in these markets. This gives clear signs for setting up of demand for the residential real estate, which normally lags the commercial segment by around one to two years.

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Decor Life at home Smart Residential Living

Street Art comes Home: Graffiti Home decor idea

Apr 17,2018 / By / No Comment

imageLooking for an unexpected dose of excitement to your home? Then this is the time to revamp your walls and give them the graffiti they deserve!

We all know that “Graffiti” is a popular art form and today homeowners are hiring designers to infuse this art form into modern interiors. Whether you want to go for simple stencil-style creations or more intricate and vibrant hip-hop-inspired motifs, graffiti make a style statement that is both fashionable and attractive!

And graffiti designers are finding different ways to incorporate this art into traditional homes as well without actually disturbing the existing vibe of the dwelling. Graffiti has the power to add creative appeal to your home. Below are some stylish graffiti home décor ideas

Trendy Bedrooms: Very few of us wants to experiment graffiti patterns in the living room and the kitchen, as most of us tend to choose graffiti add-ons in the bedroom. download

The choice is logical, as we tend to express ourselves in the most unchanged fashion when we are surrounded by a peaceful, personal shelter!

Modern bedroom walls truly come blooming with graffiti, and obviously, kids’ bedrooms look even more fashionable, thanks to this brilliant addition. Everything from simple spray paint to elaborate hand-painted paintings can help usher in the graffiti touch. Remember, graffiti is all about self-expression, and original graffiti work always makes the most impact!

Switch between Shades and Styles: Most often a new design, a color trend or popular pattern might look great in isolation but could seem clumsy and out of place in your own abode. In case you have the fear of experimenting with graffiti, why not embrace some wall art pieces or some home décor accessories that bring in graffiti in a less permanent way?

Go for a framed graffiti piece and use it in combination with more subdued elements, so as not to overpower the room.

bathroomModern Colorful Reinterpretations: Graffiti is an energetic art form that has developed over eras. Long before artists use to leave their mark by scratching into a sculpture, and the present generation of interior designers is taking this forward by bringing a new twist to graffiti. You can now add iconic graffiti patterns to your bathroom and kitchen with the Banksy tile.

Upcycling old furniture: Graffiti is a fantastic idea for revamping your old furniture because it can infuse almost any old piece with pure vibrant boldness. Even an old dresser could become a young adult’s favorite piece of trendy furniture.

Graffiti is all about experimenting with color, creativity, and character to drab urban environments. It is a powerful art form for expression; so powerful graffiti in an apartment can easily draw the eye and dominate the complete room.

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Decor Life at home Smart Residential Living Tips

Interior Trends for Spring Summer 2018

Apr 12,2018 / By / No Comment

Spring is here, bringing new spirit and enthusiasm to everything. It is time to do the same for your home, with some spring decorating.  Embrace these spring decorating trends to freshen your home decor and elude any remaining winter blues.

Glittery Golds, indigo blues, ice-cream pastels, glittery golds and super vibrant color pops are trends for this spring season. In this article, you can read about how to put them together in your abode.

https://www.lilyhair.co.ukEmbellishments: Tassels, feather, fringing, tufting are all in trends this season and you will see it on wall hangings, rugs, throw pillows and accessories. This trend will balance a wonderful handmade touch to each room, beautiful tactile cushions on the sofa and a lavish throw pillow with tassels on the bed, and wall-hangings on plain walls to add interest.

Indigo Blues: Inky blues is the color that is trendy this season. If painting the complete room in one of these shades seems overpowering then simply decorate instead with vases and flowers. Pick different heights and shapes of vases to create an interesting display. You can go for colored glass or embossed stoneware.

Pastel colors: Gelato colors are going to be a huge trend this spring for interiors. You can even mix up paint colors to suit your tastes and matching accessories such as pastel-hued vases, dining chairs, and tableware. Pastel colors are advisable for those who have small apartments as it opens up space.

painted vases group

Ombre: This Spring we are going to see ombre in a lot many different ways, from cushions, rugs, fabrics to bedding, and in an aesthetical watercolor style on artwork, lampshades, and furniture. Once you have chosen your color scheme, coordinate your decorations to balance the wall colors using a mix of plains and prints.

Geometrics: Last year we saw a lot of geometrics on cushions and rugs. This year it is all about wall art, tiles, and wallpaper.

Color Pops: Bold color pops is one of the strongest trends this season. It is all about mixing and matching bright colors together. Vibrant colors can easily be manageable if you have one or two main colors to start with.

For instance, you can go for blue bedding with neutral walls. The curtains, cushions, and rug bring an energetic element to the scheme as well as the yellow light and the orange panel. Use textures to layer the look and don’t forget to use patterns and stripes together.

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Buying property Real Estate Real Estate News Smart Residential Living

NRIs reshaping the Indian Luxury Real Estate Market

Apr 10,2018 / By / No Comment

NRIThere is an interesting trend that has been noticed in Indian real estate market. In a market riddled by lack of demand from buyers, developers are seen launching luxury residential projects.

Resultantly, there has been an unexpected emergence of interest in the luxury residential segment which has come from non-resident Indian clienteles and buyers with deep pockets.

A lot of Realtors have joined the trend in Pune and Mumbai as well. Following the implementation of the real estate Act, the market in all parts of the country was stirred up for better or for worse.

While the transparency and authenticity in real estate investments became apparent, the risk of seeing the project ever reach completion with respect to compliance has a lot of residential home investors backing out. To make-up for the miserable loss, developers are looking to make the most of this micro-market.

The demographic for luxury projects is limited. However, this is the segment that has kept non-corporate realtors out of the red in recent times. A remarkable fact about the NRI customer base is that even a risk-prone project does not disappoint them. As long as a luxury project is made debt-free, NRIs do not hesitate from paying extra to purchase the same.

Most of these luxury houses have a specific net worth that runs into hundreds of crores because each home comes with a price-tag of Rs 6-8 crore. In spite of the dearth, real estate big shot have done a booming business in Mumbai and Gurgaon.

This shows that in spite of the storms that were thrown its way, real estate industry is capable of sustaining through micro-marketing. The niche of investors may be thin, but it is not absent. According to real estate analytics, a list of real-estate developers have managed to snag end-user consumers enthusiastic about luxury housing projects.

Mumbai saw Lodha Group and Radius Developers making a profitable business. The Lodha Groups have launched about four new luxurious, high-end projects at Walkeshwar, Lower Parel, and are now concentrating on Pune. Radius Developers has two upcoming projects where each luxury home may get them approximately Rs 13 crore.

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Real Estate Smart Residential Living Tips

How can you claim your money back if your developer is going insolvent?

Apr 5,2018 / By / No Comment

Insolvent conceptEven though the Real Estate Regulation Act is now in force, property buyers, mainly in Noida, are failing to see much relief as it stands today.

When home buyers are faced with an insolvency proceeding, here’s what you can do to make sure that your rights are protected when the builder fails to complete the project

What is insolvency?
Insolvency is the state of being incapable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent.

In case of insolvency:
Insolvency proceedings should confirm that homebuyers get their respective properties and the flow of money remains non-disruptive by bringing in a government agency or co-developer to finish the project when a builder fails to do so.

What is the change?
The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, and the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017, provide forms for submission of claims by operational creditors, including financial creditors, workmen, and employees.

Earlier, there was no provision for individuals to claim under the insolvency law. That hole has recently been plugged by a government notification.

How to make your claim?
The Insolvency and Bankruptcy Board of India notification says that a person claiming to be a creditor should “submit proof of its claim to the interim resolution professional or resolution professional in person, by post or by electronic means in Form F of the Schedule.”

The existence of the claim of the creditor may be proved on the basis of the records available in an information utility, if any, or other related documents adequate to establish the claim, comprising any or all of the following:
1. Bank statements of the customer showing non-satisfaction of claim
2. Documentary evidence demanding satisfaction of the claim
3. An order of court or tribunal that has arbitrated upon non-satisfaction of claim

How can it be resolved?
The best way to resolution could be the completion of the project through a change of developer (if the existing developer is insolvent) so that homebuyers get the unit which was promised to them.

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