Enhance Your Home with Natural Elements

How to Enhance Your Home with Natural Elements?

Bringing nature in your urban abode is the best thing you could do to give a fresh feel to your home and get
connected with your roots. We will all agree to the fact that being surrounded by nature has a calming effect. When
you add natural elements to your home you are bringing in an irreplaceable interior design that cannot be
replicated. If you are planning to follow this trend and bring natures best into your home, then check out these
natural and organically inspired elements into your home:

Enhance Your Home with Natural Elements

Houseplants

The best way to bring the raw nature into your home is houseplants. They not only give aesthetically pleasing vibe
but also improve the indoor air quality. Indoor houseplants are not only easy to maintain but also could be placed in
almost every room of the house. From potted plants, vertical garden, kitchen herb garden to planters, you can use
creative ways to display the plants.

Wooden Furnishings and Furniture

Bringing in wood to your interiors is one of the easiest ways to add natural elements. Wood weather finished or raw
is the warmest element that gives a cozy natural vibe to your home. From flooring to ceilings, you can use this
beautiful element anywhere and everywhere. In addition to this, wooden furniture is one of the most popular ways
to incorporate the rustic, antique and country look in your house.

Fresh flowers

Green interiors have moved beyond the artificial elements and found floral inspiration in fresh blooming flowers.
You can select the options from the seasonal flowers and place them as a centerpiece on your coffee or dining table
to give an instant fresh feel to your home.

Waterfall

The noise of flowing water is something that makes us feel closer to nature. You can enjoy the sound of running
water by installing innovative waterfall designs and fountains in your home. You can invest in tabletop fountains for
a perfect interior decoration piece or room partitions with water trickling down inside the glass wall.

Stone backdrops

You can bring in beautiful pebbles and stone inspired decors to your home. Who says stones and pebbles could only
be used outdoors? You can give an immediate facelift to any room by creating stone or brick backdrops and add a
natural outdoor element inside the house. The appeal of stones and brick backdrop is unmatchable due to its
uniform patterns. In addition to this, you can also add marble in the kitchen and bathroom for a clean, tidy, fresh and natural look.

Shells and Gems

If you want to add a beach vibe to your home then add small elements like seashells. Shells could be used to create
innovative home decor solutions and bring in the fresh natural feel to your home. To bring rich texture and color you
can add small elements like rocks and gemstones.

You can incorporate an instant natural and organic feel to your home with any of these elements and create a design
statement.


Debunking Home Loan Myths

Home loans are the most significant and useful financial tool provided by banks and housing finance companies. However, a home loan is considerably misunderstood as a debt that comes with a burden of repayment in monthly EMIs. Thus, to understand the optimum utilization of home loans, you need to understand and be clear and put the common myths attached around the home loans.

Debunking Home Loan Myths

Myth 1-You can lend the home loan for the full value of the property

It is one of the most common myths amongst first time home buyers that you can borrow a home loan equivalent to 100 percent of the property value. The truth is home loan is given amounting to 70 to 90 percent of the total property value depending upon the market value, condition, and resale value of the property.

Myth 2- The lowest interest rate is the best

Selecting a home loan based on the lowest interest rate could be the biggest mistake and the most common home loan myth. Evaluate the home loan options in detail for hidden costs like processing fees and valuation charges etc. The interest rate on your home loan is decided on the basis of your credit score and repayment history. Also, a low-interest rate might look attractive in the beginning but you would have to provide a higher down payment. Always go for a fact check and finalize the home loan that best suits your needs. The low-interest-rate might not be the best deal for you and hence, don’t be blinded by it.

Myth 3- Shorter tenure is the best option

The home loan is conceptually a long tenure loan. Most people have the mindset that a home loan for a shorter duration will be a better choice; however, it would lead to high Equated Monthly installments (EMIs). On one hand, a high EMI can put a burden on your monthly budget but make you debt-free earlier, on the other hand, a low EMI can ease out the monthly financial pressure but stretches the debt period for long. Opt for a mid home loan tenure to create a balance between affordable EMIS s and right duration.

Myth 4- The fixed interest rate is to be preferred over the floating interest rate

One of the common myths floating around the home loan is fixed interest rate is better as compared to floating interest rate since it doesn’t fluctuate. However, the floating interest rate has its own benefits- It is usually lower than fixed interest rate up to 2 percent, which could make a lot of difference in savings over the home loan duration. Moreover, as per the current scenario interest rates are declining, hence, the floating interest could be a beneficial choice.

With so many options made available by the various banks at competitive rates, it could be difficult to narrow down on the right option. The key is to fully understand the type of loans, interest rates, and tenure to eliminate the misconceptions. Ensure that you are aware of all the required mandates and clauses of the home loan as it is one of the major financial decisions you have to live with for a considerable part of your life


Why Home Inspection is an Important Element of the Home Buying Process?

Owning a home is one of the biggest achievements in life. Before investing in a property we research the locality, neighborhood, market rate, amenities, size, and type. The research is followed by checking on the legal documents, certificates, and the required home loan. However, the most important step in the buying cycle is the property inspection. The home inspection is one of the most underrated steps in the process that is either missed or conducted in a hurry without the help of a professional. A thorough inspection of your property could save you time and money in the long run. Hence, whether you are buying your first property or a second home, inspection of the house is a must in the home buying checklist.

Let’s take a look at the reasons why a thorough home inspection is highly recommended:

Home Buying Process

It reveals the true age and quality of the property

A proper home inspection could help you to identify the age of the property and the quality of the construction. It reveals a lot of details about the current condition of the specific property, the quality of the material used inside and outside, the structural issue like illegal installations or additions. Thereby making the buyer aware of the anticipated costs that could be required for repairs and maintenance in the near future.

It ensures the safety

A detailed home inspection could ensure the safety of your new home. Bypassing the minor faults in inspection could become major faults in the near future. The loopholes would not only decrease the value of the property but also could lead to unavoidable consequences. It is thus important to cover all the safety aspects while inspecting the home like electrical wiring issues, fire exits, water leakage, pests, quality roofing, etc.

It helps you to plan your budget

A home inspection gives a clear picture of the overall cost of the property and helps you to plan your budget. If you are aware of the problems before buying, you could easily forecast the expense and plan your finances accordingly. In-case the forecasted cost of repair, renovation or maintenance is going beyond your budget, you might have to look for more options.

It could help you avoid overspending

A detailed home inspection could help you identify the existing issues and damages in the selected property which could further help to negotiate on the final price of the property and settle with a better deal. You could take into account the underlying issues and the costs involved and seek a lower price than the market value.

It assures you of the right investment

There is nothing like being confident and feeling sure of the property that you are investing in. A home inspection helps you provide assurance on your investment decision.

The home inspection is a strong indicator of the right investment decision and thus a complete safety and health check-up of the selected property could place you in a better position to negotiate and make the final deal. Not to forget the peace of mind it brings from beginning to end of your home buying journey.


5 things to look out for a Good Real Estate Deal

Real estate investment has become one of the most profitable investments in today’s time along with a sense of security it provides to count on. However, investing in property requires detailed market research and waiting for the right deal. Finding the best deal requires determining the property by appreciating the value and good rental income. For first time investors, it is not easy to identify a good real estate deal.

So, how so you get to know whether a specific deal is a good investment or not? Let’s take a look at the below parameters for locking the best deal of your life:

5 things to look out for a Good Real Estate Deal

Rental income

The primary objective of investing in any property is income generation. Look for a property that can fetch high rental income and create positive cash flow. You can research on the average rental rates in the nearby area to determine the estimated rental value. The objective is to settle with a rental value that could cover the monthly mortgage payments.

Location

A profitable location is dependent on factors like infrastructural development, green area, accessibility and connectivity, future developments, job opportunities, necessary amenities like hospitals, schools, etc. Besides the stated features, location’s value is also determined by the quality of the neighborhood, population, security, and low crime rate. Also, the location directly influences the rental value and hence, it is one of the major factors of determining a good investment.

Maintenance expenses

Investment is not limited to the purchase amount but also consists of operating and maintenance costs. Identify all hidden costs and the quality of construction before investing in any property. Additional expenses could be in the form of maintenance, repair, renovation, property taxes, and insurance. The home inspection is important before investing to ensure that you are aware of all required repairs and costs.

Negotiate on the Market Value

Always try to negotiate your way to get the desired property lower than the market value. Identify the right time period of making an investment where the property values are either lower than the normal market value or about to rise due to upcoming developments. If you get to purchase a property lower than the market value it is a good investment deal. Hence, the key is to make a well-timed investment decision and reap the benefits of early investments into developing areas with the potential to flourish.

Property appreciation

The future potential of the property is equally important as the current value. Check out the market trends of similar properties to have the estimate of the property appreciation. You can secure profits by selling the property once the rates are appreciating and at peak.

The above factors are the key elements of identifying a good real estate investment deal. Detailed market research and knowledge of the property can give you the additional advantage of making a profitable deal. It not only helps you earn a good rental income and positive cash flow but also increases the re-sale value of the property.

 


9 Interior Design Tips for your Home

Creating interesting innovative interior designs that make a good first impression on individuals is something that every owner of a place wants.

To help you create impressive interior designs, here are a few ways one can choose to decorate the individual place.

9 Interior Design Tips for your Home

  1. Hang Fascinating Lights

Light can help make or even break the best interior design. It is important to get the lightening right to give a thrilling look at the place. The best choice of lighting is Pendant lamps for a modern home interior. Do make sure to choose something interesting and extraordinary that is unusual design when it comes to pendant lights which can trigger visual focus upward.

  1. Plan design

It is recommended to go for open-plan designs to create a strong impact. It will make your place more spacious than what it actually is.

  1. Eye-catching objects

One of the most interesting ideas that you can apply to your place is to have eye-catching objects, such as crystal accessories, bronze furniture, or decorative pieces of brass or stainless steel. These fascinating interior design ideas will make your space a step ahead of others.

  1. Large plants

Plants make any place stand out whether its outside or inside. If you want to make the interior design stand out, decorate your place with large plants. You can arrange large plants in the hallway or the living room area. Plants also do not cost a lot of money either.

  1. Decorate walls

Wallpaper has been increasingly becoming a trend that is often requested. To impress anyone one must decorate their walls with wallpapers that are attractive and have unusual patterns, color, and designs. You can go for abstracted basic forms that look natural or for colorful designs that turn walls into outstanding art.

  1. White Woodwork

Regardless of the color that you must have chosen for the interior design, you should consider elevating your place with dazzling white woodwork. This interior design for space offers a gentle contrast against brightly colored walls or the dark wooden floors. It also gives a traditional edge to the interior design while making interiors look fresh and elegant.

  1. Go Green

There is nothing more impressive and soothing than decorating the space with environment-friendly pieces. Today usually everyone seems to be going green, make the space stand out by incorporating sustainable and environment-friendly interior design ideas.

  1. Invest in art designs

Art designs can help set the color palette of the interior design. It will surely be in awe upon these expressive pieces hanging on the wall. But if you are trying to create the interior design within budget, you can shop at flea markets for affordable art designs and décor.

  1. Furniture – attractive chairs

Go for a pretty seating area near the entrance door which serves a double purpose. Aside from good looks, you can use the chair while putting your shoes on or taking them off. You can go for a couple of stylish chairs in complementary colors. Whatever you choose do keep in mind that investment in furnishing will make a good instant impression in front of the guests and elevate the look of your home décor.


5 Real Estate Trends That Are Attracting The Buyers

Indian real estate is dynamic and evolving with the changing economic scenarios. The latest trends are being embraced by both developers and buyers. Developers are coming with innovative formats to attract buyers and making efforts to generate more and more demand. As buyers are more inclined towards owning a home than renting, the real estate market is witnessing some major trends that are shaping up the future of Indian Realty. Let’s take a look at the trends that are luring potential home buyers:
5 Real Estate Trends that are attracting the Buyers

Technology

Technology is playing a pivotal role in attracting potential home buyers. Artificial intelligence has stormed the real estate industry from online home buying platforms, apps to smart home technologies. Millennial are not just buying houses; they are investing in smart homes. Buyers are targeting home compatibility with technology and smart home features. From high-end security to technologically advanced amenities and appliances, buyers are looking for every small detail that could increase the comfort and convenience level with better automation space. In addition to smart home interiors, technological trends like 3D mobile applications, online buying and selling platform, virtual property tours are appealing to the buyers’ interest.

Sustainability

Another trend catching buyers’ attention is sustainability and the rise of the green homes. Builders are becoming more environmentally conscious and incorporating sustainable features in their housing formats. Buyers are opting for houses that are designed sustainable and have green features. Sustainable housing is the latest trend following clean energy practices. Home buyers are opting for homes built with Eco-friendly construction material, green features like solar panels, rainwater harvesting systems, energy-efficient home appliances, and amenities to decrease their environmental impact. This trend is gradually catching attention and being catered by the builders in the upcoming projects. Eco-friendly concepts at home are a preferred choice of customers aiming for a healthy and active lifestyle.

Suburbs

Buyers are being attracted by the suburbs’ potential to provide an affordable and better quality of living. Customers are increasingly moving towards the suburbs outside the main cities for a better quality of living, serenity, green surroundings and luxurious amenities at affordable prices. The high price of houses in main cities is opening doors for secondary areas offering homes with unmatched values. This trend is likely to grow in 2020 and open more options for potential buyers.

Amenities

With high competition in the market, builders are coming with unique and luxurious amenities to attract buyers. The era where generation is comfort-driven, thoughtful amenities like swimming pool, movie theater, clubhouse, Meditation Park, laundry service, retail outlets, gym, sports area, etc are increasing the demand of homes with unique features. Buyers are not ready to comprise on the extra amenities that give their dream homes edge over the average home. This trend has been embraced by the builders with open arms and the luxurious amenities are now been considered as a necessity.

While the above trends are popular among the buyers and gradually securing their place in the real estate market, in-depth research could help you anticipate the shifts in the above trends.


Real Estate Transformation Through Digitization

The digital transformation of the real estate industry has gained momentum in recent times. Digitization has positively influenced and transformed almost every industry. The wave of innovation and competition is taking over all the sectors and hence the use of digitization has become the need of the hour. It not only transforms the core processes but also helps to improve the functionalities of the system. The advent of digitization shows the possible potential of the real estate industry and the revolution it could bring to the world of realty.

The time is not too far when the digital business models would dramatically replace the conventional methods and steps. The real estate industry has already witnessed some major changes and strongly renewed with the proliferation of the digital era which has bridged the gap between the builders and the consumers.

Let us take a look at how digitization could transform the real estate industry and open the doors to a new world in near future:

Real Estate Transformation through Digitization

 

Virtual and Augmented Realty

The emerging technologies like Virtual Realty (VR) and Augmented Realty (AR) are offering unmatched experience to the buyers and sellers. The augmented realty tool allows its users, to view the property through an internet device. As compared to conventional method of viewing the property via images, VR and AR help buyers to delve into the details as good as a live review. Customers can view the property on a click of a button on their phones with access to world-class resolution and 360-degree tour through 3D renderings. Hence customers can experience the final product without being physically present at the site.

Interactive Modelling

Digitization is a boon for builders as well as buyers. Interactive modelling is transforming the way real estate projects are being constructed. From planning, designing, architecture to construction, the 3D model-based software helps engineering professionals to optimally utilize the resources.

Artificial Intelligence

AI-powered digitization is on the rise. AI is a smart technology that consciously collects and perceives the surrounding environment (data) and responds independently to make decisions. The usage of AI is not only restricted to the improvement of operational tasks but focused on revolutionizing the decision making process. Developers are constantly relying on AI algorithms to have accurate insights about market trends, preferences of buyers and improvement areas to identify the pattern and closely examine the possible future scenarios to base their decisions. The usage of artificial intelligence is spread over the various division of real estate i.e. transaction and data management, property valuation and management, potential investment areas, etc.

To conclude, Real estate is one of the fastest-growing industries. In an era where people are dependent majorly on the internet for everything, the digitization of real estate market is all the more important. While the above methods have already entered the real estate market, there are other areas of technology like Blockchain that are just standing around the corner to revolutionize the core of real estate and make the real estate business more transparent, accurate and efficient.


Navigating Your Way Through The Basics Of Purchasing A Property

Investing in a property can be intimidating. If you are planning to purchase a property it is very important to understand the basics of real estate and navigate your way into the world of real estate.  From taxation, legal formalities, certifications to value of the property, taking care of the required checks can put you into a better position to own a property. While it is recommended to take the help of the expert, there are certain parameters that are to be taken into consideration before locking the deal.

Navigating your way through the basics of purchasing a property

Title deed

Title deed is the document that gives you the right and ownership of the property. Identify the nature of the title leasehold or freehold. Ensure all the required documents are stamped and duly registered.

Approvals and Certifications

Ensure the builder has the required approvals for construction of the property like RERA certification, building plan and layout. From approval of building plan by local municipal authorities, approvals for water, electricity, fire safety to environmental clearance by government and concerned regulatory authorities.

Check on the list of possession of mandatory certificated with the seller. It includes commencement certificate, no objection certificate (NOC), completion certificate, certificate of no encumbrance and occupancy certificate. Checking the above-mentioned documents will help a smooth transaction and avoid any legal issues.

Sale Agreement

Make sure to thoroughly check the sale agreement to safeguard yourself from any legal complication. The document includes terms and conditions, possession date, property specifications, legal implications etc. The document is to be shown in original at the time of purchase of property and acquiring a home loan.

Letter of allotment

It is one of the important documents required at the time of purchasing a house. It is issued by the concerned authorities or the developer and includes the description of the property and the payment made. It is issued to the first owner and the letter is transferred to the subsequent buyers at the time of final deal.

Property Tax receipts

Duly paid property tax is the assurance that the seller has all the valid documents. Hence, verify the property tax receipts and ensure that there are no pending dues.

Along with the above mentioned legal checklist, it is important to consider the below parameters for sealing the deal:

  • Manage your finances- Set a budget and consider the total cost of the shortlisted property.
  • Decide on the type of property you want to invest in- Be mindful about selecting the type of house which would be suitable for you and your family in long term.
  • Check on the builder’s reputation-Do a 360-degree research about the builder starting from a number of projects, quality of construction, financial strength, possession time and customer reviews.
  • Have clarity on the size of the property- Be aware of the difference between the carpet area, built-up area, super built-up area.
  • Location matters- Pick up a location that is accessible and has good connectivity.

So let’s get started with the above real estate roadmap and jump start on owning your dream home.


Your Guide To Save Money For Buying Your Dream Adobe

If you are planning to buy a house in the year 2020 then the first thing you need to do is structured and focused financial planning. While the process of buying a home remains the same as in 2019 but arranging funds for the final deal could be a little challenging.  Buying a house is a privilege for many and all you need is a planned approach for securing the funds at an early stage. The demand for the residential real estate is on the rise as buyers are leaning towards owning property than renting. So a little planning could take you a long way when it comes to buying your ideal adobe:

Your Guide To Save Money For Buying Your Dream Adobe

Compare the interest rates

The very first way to save while buying a house is by comparing the home loan interest rates offered by various banks. Opt for the bank which is providing a combination of low-interest rates, good service, and various offers. Even a variation of point percentage could make a huge difference on the home loan taken for the duration of 15 to 20 years. Hence the major differentiator for saving while buying property.

Negotiation with the seller

Research thoroughly on existing market rates and negotiate with the seller accordingly. Avoid accepting offers shared by the developer or seller without complete market research on the property value, existing trends, amenities offered, re-sale value, location accessibility and carpet area of the flat. Besides a good discount on the deal, you could negotiate on furnishing cost and customize amenities to lower the final price.

Under construction properties

You can also save money by grabbing a good deal for properties under construction. Ready to move in properties are expensive as compared to properties under construction or near to completion/possession. Look out for ongoing projects from reputed developers and go for the backgrounds check keeping in view the required certifications like RERA registration.

Government schemes

Check out the various Government schemes to avoid missing out on getting a property in subsidized rates. In-case you meet the set criteria you can save a lot on your first time home buying spree. One such scheme is Credit Linked Subsidy Scheme (CLSS) under the PMAY (Pradhan Mantri Awas Yojna). The scheme caters to majority of the segments like lower income group and middle-income group.

Plan your finances regularly

As buying a home drains out the majority of your savings, it is all the more important to save regularly via Systematic Investment Plans (SIP). This type of investment customizable and could be planned as per your income.  You could also opt for Mutual fund investments and can invest into them via SIP. It is must to be ready with the down payment months before the final deal to ensure a smooth process.

Prepare yourself in the year 2020 for homeownership by planning your finances, saving up for the final deal, minimizing your debts, improving your credit score and most importantly by being patient. Turn your dream into reality by implementing the above tips and secure the leys of your new adobe.


Hacks For A Perfect Move

Moving into a new home is one of the most complicated tasks and could be stressful for you and your family.  Unless you are a person who is minimalist, the day of moving could be full of chaos.  From proactive planning to budgeting and creating a checklist of all the items, we have just the right set of tips for you to move into your new adobe like a pro:

Hacks for a perfect move

De-clutter and organize

The very first step after your decision to move into a new home is to de-clutter your house.  Get rid of things that you would not require in your new home. Get your stuff organized by grouping and categorizing the items of each room. Make a checklist of the items that are fragile and need extra care and prepare in advance for the things required for packing and labelling the boxes.

Coordination with the moving company

Coordinate with your moving company in advance and explain the requirement in detail about the type of items to be moved. List down the heavy stuff and the extra boxes requirement to your moving company to avoid any disagreements on the day of moving. Check out the online reviews of the shortlisted company prior to booking to ensure smooth movement.

Label it all the way

At the time of packing, we tend to forget that unpacking is an equally tedious task. It is important to label all the boxes to ensure a hassle-free completion of moving into a new home. Although the moving companies ensure the proper packing of your stuff room wise. However, it is important to get everything packed and labelled in your presence. Label each side of the box so that you could identify the required one from the stack.

Pack your valuables in advance

Make sure that you store your valuable in advance. From jewellery to important documents, have a separate bag for keeping your precious items to avoid misplacement.

Separate kit for essentials

Running through the packed boxes immediately after moving could be cumbersome and ruin your perfectly planned packing strategy. Hence, keep all your essentials in a separate bag or box for your ease. This could include your daily use items like toothbrush, toiletries, delicates, and your night wear and prescribed medicines.

Avoid wastage

Green your move by reusing the boxes, bubble wraps, newspapers, etc. Avoid overusing the packaging material and aim for optimal utilization of resources. Try and reduce waste by using reusable material. Start collecting and saving up the cartons and boxes few weeks in advance.

Measurement of new home

Make sure you have the blueprint of your new home for guiding the movers to place your furniture. Decide in advance the placement of items in each room of your new adobe. This would help you to save time and place your belongings right in the first go.

Are you ready to move? Break down all your steps into simple tasks and make fond memories of day one in your new home.