buy/sell/rent proeprties
Sulekha Real estate legal section powered by 100floors
The real estate legal section in Sulekha.com is now powered by 100floors
As we have mentioned on this blog - our legal services is a strategic business unit within 100floors and we looking forward to helping you to solve real estate / property related legal issues.
To view the Real estate legal section go to the Sulekha Real estate section and click on Legal or you can go directly to the 100floors legal section on Sulekha.
Watch for this space - we have more announcements on strategic alliances coming soon.
Points to Ponder
“Buy land, they’ve stopped making it”, said Mark Twain. It’s very true
almost everything else in which you can invest else can be produced risking
the value of what you own. So real estate by far is a safest investment of
today. Despite financial turmoil realty stands against all odds by showing
lesser ups and downs, as it’s tangible what you have will always remain with
you. Few questions which may ponder the mind of yours around realty sector
can be
Q:Should I buy home or stay in rental homes..?
A: Always think if your rentals can build an asset for you. Given as a youth
renting may look as most obvious option however it’s recommended to also think
of some location where you would like to invest in property, this can even very well be your native.
Just look for pockets which has a potential to appreciate quickly and if you can even your rentals with EMIs
you have planned your realty needs and you are ready to make money! Just as a thumbrule, when paying
rentals which account to 10-12% annually on actual value of home, why not
consider buying a home. Even if property rates do not appreciate you are
still profitable, you have an asset to bank on with EMIs equal to your
rental. Considering a long investment horizon (10 year) this is always a
good option.
Q: What should I do when I need to buy a house and I have shorter investment
A:If you are buying a home then considering you might get hit with a shorter
investment horizon with property rates going down you must consider
following factors,
a)Consider home buying in localities which have planned infrastructure
development around it viz. metros, shopping malls, IT offices, Airport, etc.
b)Consider buying home on the main connecting roads than interiors. Even a
good house in interiors can fetch lower valuations.
c)Buying home from a Good builder will always be plus
d)Do a prior valuation, legal checks of home before buying. This will help
you know if you are paying the right price and risks involved. Remember you
have a house for lifetime than your bank so it’s recommended you do this
checks despite your banks ensuring such things, but they are not always
enough.
g)Beyond this you can look at factors like economic growth in your region,
what are you long terms plans to settle, are there good schools and
h) Everything in this market is negotiable to hunt for the best deal, best
price, best discounts as small % discounts can save you lot of money
In addition know the home phenomenon it’s very important for making
decisions. When planning your home, do keep in mind that the home concepts
are changing rapidly. The home paradigm from 80s to this decade have huge
shift. Today homes fall more under lifestyle than a necessity. And now
people are also adopting new concepts called intelligent or smart homes.
Wi-fi connectivity, automated access controls, security gadgets, HVAC
systems and remote home management are some of the new age features which
can be seen in these concepts. This would also mean if you wish to keep up
with the new age, ensure your selection has such future options or have
options to install these or the society around you have a zeal for these
concepts and they would adopt this as a group in future.
Call us to post your property / real estate requirement
Need a 1BHK in Koramangala, Bangalore for rent immediately ?
Moving to Mumbai on that new job and need a place to stay ?
Want to put your olf flat on sale ?
Now all your real estate needs are just a phone call away - Call us on the following numbers and we will help you out with all your real estate needs.
IF you are real estate agent / broker - you can call us to list all your properties free of cost!
| Karnataka | 93795 - 13553 | Maharashtra | 93257 - 83553 | |
| Delhi, NCR, Gurgaon: | 93104 - 33553 | Tamilnadu | 93624 - 33553 | |
| Andhra Pradesh | 93468 - 63553 |