What Makes Bangalore a Top Realty Hotspot of the Country

Bangalore has surpassed other large cities in terms of real estate market growth and progress. The city has been in step with the current developments in India in respect of real estate across numerous sub-sectors. No wonder why it has become a booming realty hotspot. Commercial spaces, upscale retail locations, and cutting-edge residential properties have all added to the popularity of the Silicon Valley of the country. Be it affordable apartments or luxury villas in Bangalore, the city has become the first choice for homebuyers.

Let’s dig deeper to understand what makes Bangalore a top realty hotspot of the nation.

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As previously stated, Bangalore experiences consistent migration each year, with individuals moving from all across India in quest of jobs, opportunities, and a higher quality of life. Therefore, Bangalore is teeming with economical, mid-range, and luxury apartments and houses. Today, one can easily find affordable apartments and luxury villas for sale in Bangalore. The variety available for people with different budget ranges is reason enough for the city's status as a real estate hotspot in India. Many real estate developers are also flocking to Bangalore in order to capitalise on the city's growing population.

Community Living Experience

The city of Bangalore is known for its multi-cultural and diversified population. Many of these individuals relocate to Bangalore to work in MNCs and IT parks. So, when you consider buying a house here, one significant benefit is the opportunity to meet people from many walks of life and broaden your social circle. And if you want to get out of the city, it has a number of sites to visit on weekends and have a great time with family and friends.

World-Class Amenities

Bangalore is well-known for housing a large number of international residents as well as Indians with a global outlook. To cater to the needs of these individuals, real estate developers are working hard, and as a result, apartment complexes in the city include world-class amenities. Indoor gymnasiums, swimming pools, children's play areas, and gardening are commonly available in residential projects. So, no matter what type of property you buy, you can be confident that it will provide you and your family with every luxury needed to live a pleasant life.

So, these are the reasons why people these days are interested in buying apartments and villas in Bangalore.

Some Noteworthy Benefits of Having a Residential Sewage Treatment Plant

A sewage water treatment facility is critical in the process of eliminating toxins from sewage and making it environmentally safe for reuse. Many litres of water are used in a township by residents on a daily basis for domestic needs. Since this water contains a lot of microorganisms, it cannot be simply dumped into the environment. It may be hazardous to one's health. 

As a result, reputed real estate development companies like Godrej Properties provide a residential sewage treatment plant in their projects like Godrej Se7ven Joka Kolkata. The post further elaborates on the benefits of having a sewage treatment plant in a township.

Self-sustainability

As a residential project houses a large number of residents, the water obtained through the treatment plant can be reutilised for flushing the toilet, which is one of the most common household uses of water, as well as other household purposes including watering plants and cleaning the floor. And if the plant has been set up to treat water to drinkable standards, it can also be consumed. As a result, the residential project can be self-sufficient regarding water demands due to a sewage treatment plant.

Minimisation of Environmental Waste

One of the important benefits of having a residential sewage treatment plant is the waste reduction from the environment. The quantity of waste can be significantly reduced with wastewater treatment, consequently increasing the health of the environment. As a result, the health risks linked with environmental pollution are reduced, and neighbouring water bodies stay free from contamination.

Production of Fertilisers

The sludge recovered during the treatment procedure is rich in biodegradable material. This sludge, when processed using certain methods, produces a natural biodegradable fertiliser. This natural fertiliser can then be utilised to boost crop yields in fields, as well as suitable for home gardening. Furthermore, the sludge can be also used to generate energy. So, installing a residential sewage treatment plant in Kolkata and several cities can genuinely aid in saving water and creating electricity.

So, these are the benefits of having a residential sewage treatment plant.

An Insight into Rain Water Harvesting Methods for Apartments

Apartments are springing up all over the place. For a variety of reasons, most people prefer to move from single-family homes to big apartment units. For many individuals, the primary cause for their migration is a lack of water. Apartments are designed and developed with the most basic amenities in mind for inhabitants. The infrastructure is carefully designed by the builders, and they invest in environmentally friendly technology such as rainwater harvesting. As water constraint is gradually becoming a common problem, irrespective of the location, reputed realtors are focusing on rainwater harvesting methods for apartments. 

The post offers an insight into rainwater harvesting.

What is Rain Water Harvesting?

It is a basic technique of collecting and storing rainwater without allowing it to runoff. Rainwater is stored in pits on rooftops of apartment buildings, on the ground, and in a variety of different locations. The water that has been gathered is subsequently chanelled into bore wells or tanks for percolation. Rainwater harvesting has become an extremely popular and effective method of water conservation in apartments. Water saved by rainwater collection can be used during a drought or water scarcity phase.

Benefits of Rain Water Harvesting

·         It significantly enhances both energy and water conservation. 

·         If done smartly, rainwater collection reduces floods on your apartment's roads.

·         A rainwater collecting system is less expensive, easier to install, and requires less maintenance.

·         It significantly reduces the use of potable water for a variety of purposes.

·         A rainwater collection system can cut water consumption by up to 40%.

·         It encourages water conservation and helps in saving money on utility bills.

Today, reputed real estate developers like Godrej Properties are putting their efforts to build apartments with rainwater harvesting so that the issue of water scarcity is not faced by the residents. For instance, you can check out Godrej Seven Joka in Kolkata which has 2 and 3 BHK flats with a rain harvesting facility.

3 Reasons Why Now is the Right Time to Buy Property

 In India, home ownership has traditionally been regarded as a status symbol, as well as an indication of a person's strong financial standing. 'Buy a house' is typically the advice given by the older generation, and we are gradually realising that it is not totally baseless.

From an investment point of view, considering the volatility of the equity market, it is safe to state that putting money in real estate is a safer choice. Not only does it provide you with a shelter and sense of security but also offers a decent return on investment in the long term. If you're on the fence about buying a home, consider these five reasons why you should act now.

1.     Your dream home may become more expensive in the future

The land is a scarce resource, and the population will continue to rise. According to Niti Aayog data, there is a current housing shortfall of approximately 25 million people, demonstrating the enormous underlying demand. Increasing urbanisation, rising earnings, and a strong middle-class population are some crucial factors causing high demand. As a result of the undersupply and high demand situation, housing prices in the future are most likely to increase while the choices will be restricted. Given this, as well as the fact that real estate is a safer long-term option than equity, now is an excellent time to put your hard-earned money into a property.

2.     Limited stock of good ready-to-move-in properties

At present, there is a good stock of ready-to-move-in properties in different locations. For instance, you can find affordable flats in Wadala and other locations in Mumbai and other cities.  So, you can have your dream home that matches all of your criteria, including location, lifestyle, security, and convenience. 

3.     Get the benefit of lower home loan rates

Home loan rates in India at present are at a 15-year low after the RBI reduced the repo rate to below 5 per cent. Following this, various financial institutions have reduced house loan rates, with some providing rates as low as under 7 per cent. A lower-cost house loan saves you money, allowing you to purchase a larger property. It means you can even check out new properties in Wadala and other locations in different price ranges and turn your dream of buying your own house into reality.

So, whether you are checking out luxurious properties or flats for sale in Wadala and other locations, now is the time to buy your dream home.

Reasons That Make Kolkata a Top Realty Destination

Real estate is flourishing in Kolkata right now, and the City of Joy is a refuge for anyone looking for the best real estate options. What has triggered Kolkata's real estate boom? Well, the city is developing beyond its traditional boundaries, and new areas are sprouting up. The post mentions some top reasons that make Kolkata a top realty destination.

A Consistent Trend in Property Markets

Property markets in quickly rising urban centres such as Mumbai, Hyderabad, and Hyderabad produce faster growth than property sales in Kolkata. The real estate market in Kolkata has remained stable, particularly in the area of residential flats. No wonder why many first-time buyers are interested in flats in Kolkata. The impact-resistant feature of the real estate market in Kolkata has been a critical contributor to why leading real estate development companies are investing in the development of properties in Kolkata, especially in the present market slowdown trend.

Emerging IT Hub

Even though Kolkata recently joined the bandwagon of renowned IT city culture, Real Estate Kolkata has been a favourite choice for many renowned IT corporations in the country. The city has also become a desired location for new businesses, which is helping to boost the Kolkata economy. This shift is being accompanied by extensive infrastructure upgrades in the city, such as the East-West Metro, and projected government projects, such as the SEZ in New Town, which would increase the city's market value.

Properties are More Affordable

Following two years of weak financial performance, investment in real estate in Kolkata dropped in the absorption rate, resulting in a notable increase in absorption prices in the current market. Major real estate developers' launches also increased quarterly supply. Moreover, the pandemic has resulted in an enormous requirement for mid-segment and inexpensive homes. This tendency is bound to increase real estate investment sales. Due to volatile equities markets, real estate developers are investing in low-inflationary cities such as Kolkata. This makes the city of joy a wise investment choice during the pandemic. With so many property choices, you will surely find affordable apartments in Kolkata.

In the end, it is not just the budget apartments but there is also no dearth of options for luxury flats in Kolkata which indicates that the city has something for everyone. 

Vastu Shastra for Home: 3 Vastu Tips for Peace and Positivity

Vastu Shastra, or Vastu as it is more commonly known, is a science that dates back to 5000 years. These Vastu recommendations for homes are usually meant to bring homeowners joy, positivity, and success. Vastu Shastra, or the "science of construction," is simply a comprehensive set of recommendations for newly built homes and land. These include Vastu Shastra colour and advice on where to build gates, bedrooms, and so on. Directions are crucial in Vastu Shastra for homes. The right type of energy is critical to the well-being of a home and its dwellers. Therefore, these suggestions will bring harmony and positive vibes to your family.

These 3 Vastu tips can be adopted and followed without making big alterations to the existing layout of your property. Let’s take a glance at them:

1.     Main Entrance

According to Vastu Shastra, the front door of your house should face north, east, or northeast. This helps the optimal energy to enter and flow through your home.  In Vastu, the entryway is a gateway to success and advancement in life.

Another Vastu advice for your main door is to build it with high-quality wood. It should be the most visually pleasing of all the doors in your home. Decorate it with lovely nameplates and good torans to make it more appealing. Besides, do not the main door black and avoid placing fountains, shoe racks, or animal statues outside or next to the front door.

2.     Bedrooms

The bedroom is our private haven for relaxation and rejuvenation. Follow these Vastu tips in your bedroom to boost your mental health and sleep quality. Place the bed in the west or south direction which means when you will sleep, your feet will face east or north, giving you a better night's sleep. This promotes better mental health.

3.     Interiors

As per Vastu suggestions for home, ensure that your house is sufficiently ventilated and that there is adequate airflow inside the home. There should be plenty of sunlight. If this is not achievable, ensure that the inside of the home is properly lit with bright lighting. You should also leave all of your windows open for at least 2-3 hours every day. Light a Diya near a water source in the evenings. This will protect and enhance the overall health of everyone in the house.

These Vastu tips for flats can easily be incorporated without any modifications. Besides, if you are about to buy a new home soon, you can consider Vastu compliant properties. For instance, Godrej apartments are Vastu compliant and can be beneficial for you and your family members.

Documents Required When Purchasing a Property

Purchasing a house is much more than a dream for most individuals. A person devotes a considerable portion of their life to the purchase of a home. However, the home-buying process can be more difficult in practice, especially for first-time buyers. 

In case you are planning to buy a property in Mumbai or any metropolis for that matter, get ready for a lot of paperwork because the process entails various documents that you need to be aware of. Let’s take a glance at them:

The Sale Deed

It is an important legal document that records the sale and transfer of property from the developer to the buyer. The sale deed must be provided in original form because it demonstrates ownership of title to the property. The sale deed must be registered with the Sub-Registrar's office in the region where the property is situated.

The Mother Deed

It is an essential document that traces property ownership. Banks typically request this document when a homebuyer applies for a home loan against the property. Homebuyers can seek assistance from local authorities for this document.

The Sale and Purchase Agreement

This document contains all of the property's information, such as the terms and conditions, the occupancy date, the payment schedule, the specifications, information about the common spaces and facilities, and so on.

The Building Approval Plan

Before starting construction work, the builder must get the requisite sanctions under the terms of the building regulations, master plan, and local authority acts.

The Letter of Possession

It is a document that specifies the date on which the buyers will take possession of the property. This document, though, is not evidence of property title. For the same, an Occupancy Certificate is required.

The Completion Certificate

Also known as Occupancy Certificate, it is a document that confirms the building was inspected after completion and complies with laws defined by the municipal corporation or local development authority. It is important to obtain utilities like water, power, and sewer.

The Khata Certificate

A Khata is simply a revenue paper containing property particulars, like its size, location, and the area on which it is built, in order to pay property taxes.

The Allotment Letter

If you want to book a property that is presently under development, you must have an Allotment Letter. It contains all of the information on the payment of the flat as well as any other costs that you may have to pay for any additional facilities.

It doesn’t matter whether you buy a property in Godrej Horizon, Wadala or Godrej Ascend, Kolshet Road, Thane or any other residential project in any location, make sure to check all these documents.