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Showing posts from March, 2019

What Are The Benefits Of Investing In A Second Home

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When looking for a new home whether for residential purpose or as an investment choice, many consider a second home for many reasons. What are the benefits of investing in a second home? Investment choice Investing in a real estate residential property brings you great returns in a short span of time.   In the case of a second home, it is an affordable investment choice. Tax benefits The home buyer can avail tax benefits on the interest payment of the home loan in the case of investing in a second home. Retirement or vacation home A second home is a great investment choice for one who plans to settle at his native place after retirement. The investment in a second home can also be in the form of a vacation home in an ideal location to enjoy your holiday with your family. Source of steady income One can generate extra income apart from the long term price appreciation by renting it out the property. Melonwood Greens is one of the top-rated luxury resi

Ways to Choose the Best Bank for your Home Loan

Home loans are the most feasible option to finance a home. Banks offer various schemes and benefits to prospective home buyers. While choosing a bank for loan, conduct a proper research on the policies of a bank, their interest rates and loan process to avail maximum benefits out of it. Following are a fewtips to choose the best bank for a home loan: 1    1. Loan process Check a bank’s loan process and analyse the time they require to verify the credentials of the builder and sanction the loan. Ensure that the bank does an exhaustive review regarding your loan eligibility and other conditions involved, as it proves that the bank follows a robust process without any loopholes which could become a trouble in the future. 2   2. Hidden costs The terms associated with the loan should be clearly communicated to the applicant by the bank and should educate them regarding all the costs involved in it which includes legal charges, valuation charges, prepayment charges, proces

An Easy Life With Smart Home

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Everything is smart now – phone, television, airconditioner and what not. The technology you use is smart and now it’s time to make your home smart too. With best tech companies all around the world constantly innovating new technologies and home products aimed at enhancing and making life easier, it’s high time you switch to a smart home. Here is how a smart home can help ease your life: 1.     Smart Home Security From digital locks to door locks to surveillance cameras, install these smart devices to secure your family and home. Door locks are now made keyless with technology and integrated with smart home; indoor and outdoor cameras are installed to monitor your home at any time from your smartphone. 2.     Smart lighting Imagine having a lighting system that functions according to your daily reactions, dreamy isn’t it? Smart lights are those that brighten and diminish as per your requirements with just a click. 3.     Smart energy consumption Control yo

Key Strategies To Make Your Property Investment A Success

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Real estate is a dynamic industry evolving with time and latest market trends. Therefore, real estate investments should be done only after deliberation, contemplation, and research to increase the rate of success. Here are the top 3 strategies that ensure success in property investment: 1.     Find growth factors After learning the pricing trends in the market, identify the factors influencing the price variations in the market. Macro and microeconomic factors influencing the market has also got an impact on the value of a property. Civic and social infrastructural facilities like schools, colleges, roads, hospitals, bridges, public services, and transport tend to boost the market growth in real estate. 2.     Learn about pricing trends Study the prevailing trends to provide inputs about the real estate market of a location. Then compare the pricing information to evaluate the growth of the market and make an estimate regarding investment’s future. When evaluati

Home improvement tips that can be experimented by tenants

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Tenants are restricted from renovating homes and modifying them. However, bringing minor changes in the décor and incorporating certain design elements for improvement can be done without violating the lease conditions. The following are some of the home improvement tips that can be implemented by tenants:       Interior decoration Be it in the living room or bedroom, adding various colour elements according to the settings will help in making the room vibrant. Colourful bedding set, cushions and curtains that match the wall colour is ideal. Also, replace the lighting system with new and trendy options to lift the mood and create a positive ambience. Replacing the sanitary and bathroom fixtures to ones that are comfortable and welcoming or as per their preferences are also a good option.         Temporary changes Often landlords refuse to accept any changes in their property like repainting the house or polishing the floors. In such instances, they resort to con

3 Tips For Creating Zones For Better Space Utilization In Homes

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The latest buzzword in interior designing is zoning which means creating smaller spaces in larger areas at home and then dividing them as per our usage and accessibility. This creates extra capacity for better utilization of space depending on the multiple needs and requirements. The following are a few effective tips for creating zones at home: 1.     Lighting It is possible to create zoning effects by employing different lights to bring in visual breaks. With soft and bright lights installed above the dining area and living room, you can separate both the rooms by creating a double room impression. 2.     Furniture The easiest ways to create zones and to segment two or three spaces, it is better to thoughtfully place furniture and choose the right ones. For example, you can add a couch and a table lamp right next to the bedroom as a space to relax and unwind. Seating arrangements in different patterns like placing sofas to form a square pattern are alternative

Why Is Investing In Flats A Better Option In Kochi?

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Kochi is a major hotspot for real estate with leading builders and developers launching their projects designed for an impeccable lifestyle at the heart of the city. The myriad of benefits offered by flats and apartments makes it the most favorable and profitable real estate avenue. Here are the top benefits of investing in a flat: 1.     Convenience Equipped with modern amenities and facilities, apartments facilitate convenient living. Nowadays most of the projects has got features like swimming pool, rooftop party areas, health club, terrace gardens, surveillance system and what not. 2.     Appreciation Flats and apartment projects have immense growth potential in the market with its percentage always rising with respect to the appreciation value in cities. 3.     Bank assistance Banks and other financial institutions provide extensive support and financial assistance while purchasing flats or apartments. Around 80-85% funding is provided for a home loan