Why to invest in Chandigarh, Panchkula and Zirakpur Real Estate

real-estate

A few years ago, investing in real estate was a luxury, a way of boasting their social standing and not a necessity. But today, in this era of globalization investing your money in property is not merely imperative but also one of the most tried-and-tested ways to grow that money over the coming years. Following are a few reasons as to how investing money in the realty business is one of the safest bets for NRIs (Non – Resident Indians):

  • Stay Connected, stay rooted: 

No matter how much one loves living abroad, having a house back home in one’s own country gives a sense of belonging. Moreover, wherever you stay, at some point you are sure to say ‘Take me home’ country roads

  • Rent Benefits: 

Having an extra property in India, would pose as an additional source for your income. Even though NRIs have to pay tax on the rental income, a part of it gets compensated under Section 80 (C).

  • Retirement Benefits: 

Senior citizens who own property in the country get benefits of Reverse Mortgage, i.e. money taken from the bank towards this Mortgage is not considered as a part of the income of the NRI.

  • Price Benefits:

Along with the emotional connect and the benefits of rent, affordability of properties is yet another reason of why investing in real estate is lucrative for NRIs.

  • Long-Term Returns:

 The real estate industry has observed tremendous growth in the last decade or so and is further expected to rise by 10-15% per annum.

While in order to invest in shares and stocks you might require a broker, real estate investments are simple enough to be done on your own, especially with the various portals available for property purchase and sales such as Magicbricks and 99acres.com these websites provide all the required information such as the localities of the project and every query can be answered.

  • Ample Finance Options: 

From banks to the various Financial Companies along with numerous private lenders, there is truly no dearth of money in this business.

  • Pass onto next generation:

Real estate properties can be passed onto the next generation, this is one such investment which will continue to grow and prosper. No other company or National Stock Exchange has topped the market in a row during the last decade.

Thus, investing in real estate would turn out to be the fruitful endeavour, which would not only benefit you but also your children and the coming generations.

Why Festivals Are The Best Time To Invest In Property?

Real-Estate

Come festival seasons and real estate industry is abuzz with activity. Festival Season has brought rejoice and hope to the people, and the excitement is at the apex. Rakhi, Navratri, Durga Pooja, Dussehra and then Diwali; the festive lights have made a permanent place on the walls of many houses. While buying household things, jewellery, clothes, and the vehicles is a common practice, many people living on the rent are wondering if it is the correct time to invest in the property too. Indeed it is! Although, there is no perfect time to invest in the real estate, this investment is the best one there is. The sale of every commodity gets accelerated during the season of lights, so the modern builders are coming forth with the best of the offers to lure the buyers into making the house buying decision fast. The market and the shops are crowded this time of the year and so is becoming the real estate ‘market’. It is auspicious to buy during this season and wise too. Let us give you some reasons which are compelling enough to get real estate home at festival season.

1. New projects are launching

We all are accustomed to new movie releases on and during the festivals, but the real estate developers are also releasing their magnificent projects on these special occasions. The Indian buyers show more inclination to the affordable housing solutions; hence the projects launched during this time are all seeing the finances of the audiences. The chances of quick selling of such projects increase as the buyers are too motivated to get the keys of their own home.

2. Discounts and Freebies

To sell faster, many builders take the advantage of the willingness to own a property of people. They offer cash discounts on the property or discounts in the form of relaxation on the registration and the stamp duty. The most common free gifts are gold coins, gym or club membership, various vouchers like travel passes, charge free amenities for a period of time etc.

3. Flexible payment options

To inspire the buyers, the builders keep the payment options open during this time. Many people are not comfortable in making the payment upfront. As such some developers offer no EMI for duration of time and some offer payment of balance on the possession. Such great propositions from the builders make the buyers feel like the King of the market.

4. Some extra features for the same price

Except for the cash discounts and freebies, many developers offer special features and furnishings in the house as the festival gifts. It ranges from a free modular kitchen, geysers, and AC units to the free parking space. As such, the buyer is already saving a lot; hence, buying the house becomes the most probable decision.

5. Bonus and the bank offers

You just got your hands on some bonus and what can be a better thing than to buy the house of your dreams. The banks also run various schemes which help the buyers with the lower interest rates on the loans. More money in hand and bank super offers results into the house buying decision for many people. One thing to be kept in mind, though. The builders respond more positively to the end users as compared to the investors. The aim is to provide affordable housing solutions to people and not become a steal deal to fill the pockets of the affluent. With the increasing neck to neck competition among the builders, you can get the best deal within your budget. Buy a property that fits your requirement not because it is available cheaper. For Tricity properties related queries you can contact us at Home Search.

OMAXE MULLANPUR- A NEW NAME FOR LUXURY LIVING

Omaxe-mullanpur

Mullanpur is in the midst of an exponential growth path and the demand for good residential projects is high. One such project is the Omaxe Project which gives a new meaning to the term luxury residential flats in Mullanpur, New Chandigarh.

Today where everywhere one doesn’t even want to open their bedroom windows as all you can see are dust, smoke and at the most the other residential or commercial complex nearby. Omaxe offers you a scenic view and a breath of fresh air like no other.

This most premium of projects offers new age 4 BHK flats in Mullanpur with a magnificence that is unparalleled. The facilities are all state of art and of international standards. New age lifestyle with amenities that rival the best of residential complexes anywhere in the world.

Omaxe, with its sprawling lawns, landscaped gardens; sculpted water bodies offers exquisitely planned 3 BHK flats in Mullanpur designed by the renowned architect.

Each apartment is designed with artistic perfection giving each of them a palatial essence with modern day aesthetics.

Omaxe, one of the most iconic residential projects in Mullanpur, Chandigarh is the most impeccably planned and promising project in the city. It offers a sprawling living cum dining area with new age classic design themes to suit your aesthetic tastes. The master bedroom has laminated wooden flooring.

Outdoor amenities includes a club, outdoor swimming pool, sports field, cycling tracks, senior citizen zones, community parks, Rain water harvesting, and well structured water bodies.

The Club has some excellent recreational options such as wellness spa, state of the art gym, health club, yoga and meditation centre, library with a reading room, cafeteria, kids’ zone, games room and play area.

 If you want to conduct your business in the luxury of the club then you can do so. The business centre provides conference facilities as well.

This exquisite and magnificent residential project in Mullanpur, Chandigarh has in proximity the Mohali International Airport, the Mohali Cricket Stadium and the World Trade Center.

This project has also taken into consideration all convenience and security aspects for home buyers. The project is well covered with CCTV Camera security for 24/7 safety, the building itself is built with seismic resistance materials.

Other features include vastu compliance, property staff, a shopping centre, an eco-friendly landscape garden, and rain water harvesting and sewage treatment.

If you are looking to buy best price flat in mullanpur please visit  http://omaxemullanpur.co.in/

Happy Homebuyers, Karnataka RERA covers many ongoing plans

Homebuyers may stand to benefit from the provisions of the Real Estate (Regulation & Development) Act notified by the Karnataka government on Monday. It, among other things, brings a huge number of ongoing projects under the purview of the law.

The government had come under criticism for the draft rules published last week which said ongoing projects, where 60% development work had been completed or 60% of the apartments/houses/plots had been registered and executed, would not come under the purview of the Act.

 

If the OC has already been applied for, the building is exempt from RERA regulations.

 

 

 

Buyers felt that the provision gave a leeway to the developers to slip out and there was also confusion as to how a consensus could be reached on such an arbitrary number.

That part seems to have been addressed. As per the notification published on Monday, only ongoing projects “where all development works have been completed as per the Act and certified by the competent agency“are exempted from RERA. The 60% sale lease deed provision stays.

“We were not expecting this, “Shriram Properties managing director Murali said, when asked about his response about the rules. Sobha managing director JC Sharma said though the law is customer friendly, any retrospective law is bad and goes against natural justice. Most of my ongoing projects, where I have not applied for an occupancy certificate, will come under RERA, “Sharma said.

According to the notification, a builder can apply for an OC only if it has been certified by a competent agency -in this case by an architect. If the OC has already been applied for, the building is exempt from RERA regulations. “The rules are stringent because builders have to get in place waterlines, electricity lines and other things before applying for OC, “Suhail Rehman, director of Asse Builders, said.

E Suhail Ahmed, advocate and legal consultant at RERA Consultants, said the rules are not much of a dilution from the central legislation. “They are almost in line with the Act as far as its application to ongoing projects is concerned, “Ahmed said. If a project comes under RERA, buyers would be in a position to file a complaint in case there is a delay or if the building has not gone by the approved plans.

 

(This article was originally published in The Times of India)

Trumps Take First Official Trip, World Gets First Real Look At Their Marriage

Trumps Take First Official Trip, World Gets First Real Look At Their Marriage..

As Melania Trump accompanied her husband on his first foreign trip, the public got an uncommon glimpse into the first couple’s dynamic.

The first lady, who remained in New York when President Donald Trump moved to Washington, was more visible than she has been during any other stretch of his presidency. She strode along, usually a pace or two behind, as he greeted dignitaries. She stood over his shoulder as he signed guest books. She ventured out on her own a few times, primarily to meet with women and children. But her foremost job was to accompany the president.

Seeing the Trumps together over the course of their nine-day trip aroused the fascination Americans have with all White House marriages. Do they hold hands? (Not regularly.) Glance at one another lovingly or roll their eyes? (Neither, at least before the cameras.)

On the second leg of their trip, they walked down the tarmac at Israel’s Ben Gurion International Airport, and Trump seemed to reach back to take his wife’s hand. With a quick flick of the wrist, she seemed to swat it away. The moment, captured on video, went viral.

As they departed Israel the next day, they walked to Air Force One together hand-in-hand as photographers captured the scene. This moment of connection was less commented upon than the apparent brushoff.

For months, Trump’s critics have questioned whether the first couple is happily married. Their friends insist that they are.

“I will put my hand in fire and say that they are super, super happy,” said Paolo Zampolli, the Manhattan businessman who introduced the Trumps to each other at a New York Fashion Week party he hosted in 1998 and remains friendly with the couple.

Karen LeFrak, a longtime friend of the Trumps, told a Washington Post reporter that Melania Trump is “enjoying her life and new role. . . Their relationship is great.”

Melania Trump has described herself as a supportive wife. “We know what our roles are and we are happy with them,” she told Parenting magazine a few years ago. “I think the mistake some people make is they try to change the man they love after they get married. You cannot change a person.”

The president, meanwhile, has repeatedly proclaimed that Melania is doing a wonderful job as first lady.

“She was always the highest quality that you’ll ever find. . . and I’ve known her for a long time,” he said at a news conference earlier this year.

He’s used blunter terms of praise as well. In a recent conversation on Air Force One, Trump boasted to a supporter that his wife is “Jackie O on steroids.”

The first couple has been married for 12 years and together for 17. The personalities they’ve presented to the public have typically suggested an opposites-attract dynamic – he is impulsive and decisive, while she is quiet and cautious.

At one point during their foray abroad, they carried themselves like a couple on a double date with other world leaders. An Israeli television station’s microphone caught an exchange they shared with Israeli Prime Minister Benjamin Netanyahu and his wife.

“You know in Israel all the people like us – the media hate us but the people love us,” Sara Netanyahu told the Trumps as they met. “Like you.”

“We have a lot in common,” President Trump replied.
In Italy, the president introduced the first lady to Pope Francis, who shook her hand and asked in Italian: “What do you give him to eat – potica?”

“Potica,” Melania Trump repeated lightheartedly, referring to a Slovenian sweet bread popular in her home country.

If every marriage is a mystery, political marriages are the Twilight Zone. Really, who knows what goes on in the confines of any relationship they are not a part of? So first couples – like celebrities – are subject to endless analysis and interpretation of their every interaction. They are expected to perfect the political performance of marriage.

Barack and Michelle Obama’s relationship was a central part of their political story. They both spoke of their family’s 6:30 p.m. dinner as a sacred time. They teased each other and held hands in public. She fixed his tie while the cameras snapped photos of them on the North Portico of the White House waiting for guests to arrive for state dinners. He kissed her cheek.

At times, the Obamas seemed to be performing. At a basketball game, they seemed to initially wave away the Kiss Cam when it settled on them – but later called it back and gave a smooch for the crowd.

In 1998, the Clintons were photographed lovingly dancing together, in swimsuits, on a beach vacation. Some political analysts thought the “candid” photo had been staged for the media. Later that same year, amid the sex scandal that engulfed his presidency, Bill and Hillary Clinton made a memorable photo by walking duitifuly across the White House lawn together – each holding hands with their then-teenage daughter, Chelsea.

In a moment that made some observers swoon and others cringe, Al Gore planted a full-mouth kiss on wife Tipper at the 2000 Democratic National Convention. The crowd went wild for the show of passion by a man who was perceived as stiff. A decade later, they separated.

Less showy interactions between political couples may be more telling. At the Easter Egg Roll earlier this year, Melania Trump gently nudged her husband as the national anthem was played, to remind him to place his hand over his heart.

She rarely accompanied her husband on the campaign trail, but he referred to her as “his pollster.” Politico reported recently that the first lady continues to watch cable news and report back to her husband how she thinks his communications staff is performing.

Others who have observed the Trumps closely back home, say there is an obvious spark between them.

“When we were together at Mar-a-Lago they looked like they were on a first date,” said Zampolli, referring to a New Year’s celebration he attended with the first couple. “They were quite close to each other.”

On another occasion at Mar-a-Lago, prior to the election, Trump interrupted an interview with a Washington Post reporter to call out “Hi, honey!” to Melania, as she passed through in large sunglasses and a bathrobe on her way to the spa. She acknowledged him quickly but kept walking.

The Trumps will wrap up their tour abroad on Saturday, and this summer Melania Trump is expected to move to Washington, where the media glare and public interest in their marriage could intensify.

“She is very strong, and he’s very strong, but of course it is not pleasant,” Zampolli sai