A Guide for First Time Home Buyers in Bangalore

Buying a house is possibly one of the most vital choices a person makes in their lifetime. Bangalore with spectacular infrastructure and ample job opportunities is ideal for real estate investments.

Here are a few helpful pointers to keep in mind, while looking to buy your very first property:

1. Understand Paying Capacity

Purchasing a home can become easy if the person has a stable earning source so that he can pay off the EMIs, without any major compromises in lifestyle. Introspect and compute your own financial situation and buy a property that fits your budget. Explore good projects in Bangalore that are affordable yet luxurious, like the Sobha Dream Acres.

2. Commute Time

Bangalore being a hub of jobs definitely needs a lot of time-saving, and what is better than living nearer to your workplace. Invest in properties like Sobha Dream Acres, that are close to IT parks and help you save time and money on commuting.

3. Searching for the apt bank

As a new home buyer, you may not have the time and energy to follow tedious and time-consuming loan processes. Opt for a bank that offers a home loan that is affordable and has a hassle-free home loan approval process.

Sobha Dream Acre Project at promising residential location i.e. the outer ring road, Bangalore. ORR offers great connectivity to the airport and houses some of the biggest tech packs in the city.  The project offers the choice of 1 BHK, 2BHK and, 3BHK large homes apt for nuclear families.

The project offers facilities like swimming pool, volleyball court, and more. An amazing Clubhouse, jogging tracks are all there for a comfortable living. In house crèche, clinic, coffee shops, guest rooms, dance room, the project has everything you can wish for.

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Choosing the Right Bank or NBFC to Invest on GKRS Palacio

These days, finding a home loan is much easier because more and more people are investing on homes. However, one of the major tasks is to find the right financial institutions that can offer low interest rate on home loan. Banks who offer home loan look for various factors like financial status, tenure, home loan rate, etc.

For instance, if you are investing in a property like GKRS Palacio, Hyderabad, there are banks that are ready to offer loans.

The most important thing to consider is to choose the best bank for home loan-

The ROI:

This is the foremost thing to consider when looking for a home loan in the bank. Compare the ROI of different banks so you can apply accordingly and look for the right bank that will help in enough saving.

Sanction Period:

This refers to the total time taken by the lender in sanctioning the loan. There are situations when the bank may take weeks to sanction the loan, and you may end up missing the flat. So do check the sanction period of the same.

Floating Rate vs Fixed Rate:

When you are choosing the bank, floating rate and fixed rate do matter a lot. Floating rate varies according to the market. It may go down or my rise up. Fixed rate, is always fixed. If you have a stable job, then fixed rate is the best to go for.

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How to Own a Dream House in Bangalore?

Indian real estate sector has experienced high growth and demand in Bangalore. This city has gained great attention from property seekers. This is due to the growth in the area due to the IT sector and other start-up industries. Properties in this city are available at an affordable rate that attracts investors and people to own dream home.

With the increasing population of professionals in the city, the demand for real estate property is high. Real estate developers are also providing real estate projects like Assetz Marq and others that fulfil dreams of people to own affordable house.

Here are a few tips that will help an individual to select the right home with modern amenities at an affordable price. Bajaj Housing Finance Home Loan provides the needed finance facility to people who fall short of money to own dream home.

Identify the location: Location of property definitely defines the rate, appreciation and increase in the demand. Look for Assetz Marq as it is located in a popular area with the best connectivity to other areas of Bangalore.

Prepare a financial plan: Before you select the property, analyse your budget and look for the best options in the market that can provide you with the needed finance. Manage the expenses, have the best plan and other expenses.

Know your needs: Before you buy property in Bangalore, it is best to look for the property as per your needs. For this, analyse your needs, amenities and prepare the checklist. Look for the facilities you wish as this will definitely add up to the overall price of the property.

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What Makes Bangalore The Best Place To Invest In?

Bangalore the IT capital of the country has witnessed unprecedented growth in recent times. The Sprawling glass buildings, the impressive international airport and acres, and acres of IT SEZs all are part of the city’s impressive growth story.

People from all over the world now call the city of Bangalore their home. Many premium builders are developing world-class residential apartments for the globe trotter population of the city.

Following are few benefits of buying an apartment in Bangalore:

Housing across budgets:

Buying property in Bangalore is a lot cheaper compared to most other metro cities in the country. One can easily find value homes and houses for all budgets. Bangalore offers a range of residential apartments, across locations, from well-known builders. Select the home that best suits your location preferences and lifestyle requirements.

Massive developments:

With many new IT parks and SEZs coming up, the city has many locations that are worth investing in. The north of Bangalore till the international airport offers great projects and all the necessities like international schools, malls, offices and more. Even if you buy a property on the outskirts, and if the location is upcoming you can reap great returns in the future.

Amazing living experience:

Properties like Sobha Dream Acres, offer outdoor sports facilities, party hall and swimming pool for an outstanding living experience. Bangalore boasts of great weather across the year, which means you can enjoy a plethora of activities when you live in an apartment complex like the Sobha dream acres.

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Best Option for Luxury Leaving in Mumbai

Owning a home in a bustling city like Mumbai is a dream that has come true for every individual living in the city. Skyi Star Towers is easily one of the best investments that you could make for a prosperous future.

Living in a luxury apartment with all the amenities -  posh interiors, access to improved car parking, swimming pool, and so on whereas such a luxurious property also gains value as years progress.

Prepare Yourself for the Purchase

Decision Making– Start by making a firm decision to buy a property in Mumbai. Once you do so, it is time to put in all your investments such as jewels and existing assets. Any old homes can help you fetch good money if you know how to negotiate and sell it for the highest bidder.

Explore Loans– Skyi Star Towers is a beautiful locale that comes at a cost that justifies the luxury. To afford it, explore loans offered by banks and private lending firms.

Check Interest Rate– The best interest rates will help reduce the overall sum you pay at the end of the loan tenor. Prepare yourself by exploring multiple options and negotiate to get the best offer that the lending firm could offer.

Importance of Loans– Before buying your beautiful home at Skyi Star Towers, even if you have saved all the money necessary, loans are handy. They help you retain your asset, and pay off a loan in easy repayments for years. Home Loans also help in reducing taxes that you pay every year out of your income.

Approach a reliable agent who can help you out, or you can do the research on your own to make your big home dream come true.

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Top Real Estate Myths Busted

Are you looking forward to making a real estate investment? Before doing so, it is important to know about some of the common real estate myths around.

There is no denying the fact that real estate investment is a challenging task. Before making a profitable real estate investment, you are required to look into a myriad of factors involved in the given industry.

One aspect that you should pay attention to is staying away from the common real estate myths and being aware of the reality behind the same. If you are looking forward to making a major real estate investment in the high-end Sunteck City Goregaon, you must be aware of the facts associated with your investment.

Some of the common real estate myths that you should know about are:

# Real Estate is a Highly Unregulated Industry

While every real estate market is quite unique, the current market conditions have become highly regulated with the involvement of the state as well as the central government. All the real estate properties, as well as developers, are regulated by a centralized body referred to as the RERA.

# No Time for Investment

There is no right or wrong time to make the desired real estate investment. It is all about your priorities. When you wish to secure your future, you can think of making an investment right away.

# Real Estate Investment is Expensive

While it is a common belief, depending on your requirements, there is a specific real estate investment structure for every type of investor out there. You can enjoy opportunities from the government scheme of Pradhan Mantri Awas Yojana that provides you with a subsidy on your home loan interest rate as well..

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Reasons why Ready Made Property like Gem Nakshatra in Hyderabad is the Future

Readymade properties are the future of real estate. Read to know more!

Searching for the perfect house in this broad market can be a challenging task for those who are buying a home for the very first time. An individual has to consider a long list of deciding factors such as EMI, the cost that needs to be paid, in construction, and other charges, before finalizing.

Gem Nakshatra is one such property that imbibes all the essential features and characteristics that home buyers might need and looks for:

# Transparency in price

An individual who buys a BHK in Gem Nakshatra, pays the amount that asked– there are no hidden or added charges over it.

# Policy changes aren’t a problem in the readymade home

There are numerous such incidents when individual losses money for the changes made in the old policy. Readymade properties such as Gem Nakshatra are already structured and, such episodes don't really occur in them.

# No rent is charged

The moment one enters the readymade apartment, the person is free from rent charges, the only amount that is required, to be paid is the amount that's estimated, for the loan. Clearing the dues off in monthly instalments is sufficient for settling the amount.

# No risk and more clarity

The readymade apartment doesn't violate any law– that can put the purchaser in trouble. In fact, it obeys the rules, laid down, by the government. Hence, there are low chances of potential risk in them as they promote clarity from the core. Owning a readymade house is way safer than the rest.

Additional Read: Benefits of Buying Apartments in Hyderabad at a Glance

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All You Need to Know About the Gem Nakshatra Real Estate Investment

Are you looking forward to making a lucrative real estate investment? Know all about the profitable Gem Nakshatra real estate investment.

Do you reside in Hyderabad? Whether you reside in Hyderabad or looking forward to shifting there, you can make the most of the lucrative real estate investment in the Gem Nakshatra real estate project in the city.

Gem Nakshatra in Hyderabad is a high-end real estate project with world-class, luxury apartments delivering the ease of living in ultimate peace as well as convenience in this fast-paced city. If you are looking forward to making an investment in the given real estate project in Hyderabad, you can know more about it at Bajaj Finserv Homes & Loans–delivering all insightful information into the given real estate project.

Gem Nakshatra is located in Kokapet, Hyderabad and is known for delivering world-class amenities to those who would invest in 2BHK or 3BHK apartments here. By investing here, you can look forward to living comfortably in the lap of nature with the ease of connectivity to the main regions of the city.

With its wide range of specialized offerings, Gem Nakshatra is rapidly gaining the impetus of being one of the best real estate investments in the city. Featuring high-rise apartment buildings, the real estate project has a lot to offer to the investors.

You can make the most of your real estate investment by looking out for a reliable home loan facility from some professional loan service provider.

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Real Estate or Stock - Which One you Should Select?

When you put up a question like which one is better- real estate or stock? You’ll be stunned to know you’re asking if pizza is good or burger, as it all comes down to your preference, personality, style, and your personal investments.

You may already know, everything in this world has their own pros and cons, however, you should know the right way to avail it in order to avoid facing problems. If you try to explore, then you may find some stocks as amazing returns as the Prestige High Fields property in India.

In order to know, what is better, you should know the pros and cons of both sides and make the right decision accordingly.

PROS:

• Almost everyone knows real estate is an investment made, however, stock acts as the creator of good wealth.
• The investment in real estate is tangible whereas in stocks it's all in the form of business that you take advantage of.
• You can prevent getting caught up in fraud, and stock investments are liquid so you’re money is not held up for weeks or months.

CONS:

• Real estate involves a lot of work and task, whereas you need an unemotional approach in order to avail perfect investment which is not easy for most investors.
• Real estate may lead you to pay some amount from your pocket every month, and the stock keeps on fluctuating which can leave unsatisfied investors.
• Both of them hold their own pros and cons, it depends on you and your preference, which one you think is worth taking the risk for.

Additional Read: Top Indian Cities for Real-Estate Investment

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Are you Buying a Flat? Important Facts to Consider

Are you buying a flat that can give the best atmosphere to your family? Lodha Palava City is the right real estate property that will provide you with a dream and affordable home. Before you make the final deal, know various facts that will help for better financial planning.

We know that when you buy a home, it costs all the savings and may put a heavy burden on your salary in the form of EMIs. Thus, look for the home only from the top developer and know a few facts before making the final deal.

Here are a few facts to consider-

Home Loan EMIs: When you buy a property with modern amenities, it will put the additional cost to your home loan EMI. Never bit more than you can chew.

Appreciation value of the property: Before making the final deal, understand the appreciation of the proper that you look to buy. For the best deal, the property rate should appreciate higher than your home loan.

Maintenance and parking cost: We love owning a home with modern amenities, garden, clubhouse, sports facilities, home theatre etc. More facilities definitely add cost to you. You have to pay a higher maintenance cost along with parking cost each month. Be clear about the charges you pay before buying a home.

Does it mean sacrificing other goals of life? Make a list of your priorities in life before buying a house. If you invest a huge amount in buying a home, you sacrifice several other dreams in life.

Thus, when you buy a home in Lodha Palava City, consider these facts and make the best decision.

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