Before you finalize your dream home-Icon Homz
So, you’ve identified your dream home and are waiting to give the booking amount to make it yours. Before you make that huge leap, pause and see if you’ve given the below factors due consideration:
Price appreciation: Realty business can be baffling and it is really not easy to predict the trend. Some might say the prices are bound to crash or correct in a few months time and some might say just the opposite. While this can be a tricky factor, once you’ve decided to purchase a house, do a due diligence on price variations in that location in the past year and check if the property will see a good appreciation in the times to come.
Accessibility: In the rush to be the last few lucky ones to own that dream property, it is possible to overlook vital features as this. It might seem that the offices and schools are just a little far away at first. However, do consider the fact that you’re about to make a living on a permanent basis and however great an apartment is, if it lacks quick and easy accessibility to essential areas, it is not worth the money.
Research on the builder: with new and newer builders flouting their projects for a first time in the city, it makes sense to track the builder’s record in terms of construction quality, timely delivery, etc to avoid heartache and a hole in the pocket. While you might find mixed reviews for almost all builders including reputed ones, go with the one that closely matches your expectations.
Visit previous properties: Once you’ve finalized on the builder and seem satisfied with what he is offering, take some time and effort to actually visit any previous completed projects. Older the project, the better since by then the cracks in the quality would have surfaced. Talk to prospective buyers, previous buyers and see what they feel are the pros and the cons. Make an informed decision thereafter.
Budget: Another very important factor that sometimes gets stretched to unimaginable proportions. Have a fairly flexible budget but never let it exceed the upper limit which should be set after considering your repaying capacity, assets and saving plans.
Read the fine print: Read the important documents carefully with the help of a lawyer preferably. Make sure the legal issues are all clear, the titles and approvals are in place. Also, make sure that the builder has mentioned in writing about the kind of amenities and fittings he’d be providing so that you’ve a proof to go back, if needed.
Buying your first home is an emotional experience for many. So, consider the above factors to ensure that you are not in for any kind of unpleasant surprises.
Icon Homz is a young entrepreneurship; our energetic and creative team creates beautiful homes in an affordable range. Visit our website http://www.iconipl.com/ to know about our projects and be a part of our FB page https://www.facebook.com/iconshelters to get our latest updates.
How to be a good landlord-Icon Homz
Our blog on how to be a good tenant was well received and this has spurred us on to provide tips on how to be a good landlord. As the saying goes, it takes two to tango; it is only fair that the other side also lives up to the expectation. So, read on to find out how:
Hand over a clean house: No matter how well or badly your previous tenants had maintained your house, it is imperative that your next set of tenants receive a clean house to stay. See to it that minor and major repair works, if needed are carried out, the house is combed cleaned and appears fresh and inviting before the arrival of its new owners.
Furnish well: When renting out a house, the owner generally does not spend a lot on the interiors. While it may seem fair enough for the part of the landlord, it would be a good gesture to put self in the tenant’s shoes and have the necessary woodwork, provision for storage, and if possible some extra conveniences like good fixtures in place.
Do not make unexpected visits: While the house is technically the landlord’s and it seems like he has every right over the property, it is important to place enough trust on the tenant, respect his privacy and not make surprise visits to the house. Make sure the tenants know about the time and purpose of your visit in advance.
Be transparent: Any communication with the tenant needs to be charted out in full clarity without any room for speculations and manipulations. The lease agreement and the rules to maintain the house need to be clarified right at the beginning to avoid any possible embarrassment or inconvenience in future.
A little flexibility does not harm: Once a certain level of trust is established between the landlord and the tenant, it is humane to show some consideration towards the tenant. In case of a temporary lapse in payments, try not to think of the worst and give the benefit of doubt to the tenant.
Icon Homz is a young entrepreneurship; our energetic and creative team creates beautiful homes in an affordable range. Visit our website http://www.iconipl.com/ to know about our projects and be a part of our FB page https://www.facebook.com/iconshelters to get our latest updates.
How to be a good tenant – Icon Infra Shelters India PVT. Ltd
Just as finding good homes for rent can be tricky, so can finding good tenants for your home. A good landlord will always appreciate a good tenant and if the relationship is well-established the tenant might also get a concessional rental rate. It can be a win-win situation for both parties. So, find out how to be a good tenant:
Adhere to the lease conditions: Read the lease agreement and conditions carefully and only if you are satisfied, you should sign. If there are any issues or concerns, the matter should be brought upfront to the prospective landlord and settled.
Respect the owner’s wishes: There are some owners who do not like extra nails to be hammered into the walls of the rental home, or who are against having pets in the house. If you have agreed to these while taking the house on rent, it is only fair to abide, even if these were not agreed upon in written.
Pay the rent on time: Unless there is an emergency situation, in case of which you intimate the owner about it, do not delay or jump the rental payment. It shows a sheer lack of responsibility and loses credibility with the owner if the tenant is irregular in payments or needs a reminder every once a while.
Maintain the house well: Only because the house does not belong to you, it is no reason to keep the place like a dump-yard. Treat the house like your own and have regular clean-ups and pest control check as needed. Try to minimize the wear and tear and have an aim to return the house in the same shape as you got it.
Abide by the society laws: If the rental home is in an apartment complex, ensure that you are a good neighbour and citizen of the society by abiding by the general rules and laws.
Keep the owner informed: Just as you as a tenant will find it rude if the landlord asks you to vacate without sufficient notice, it is only fair to keep your home owner informed about any impending moves you might make so that he can be prepared.
ICON Infra Shelters India Pvt. Ltd is a young and enterprising entrepreneurship with proven experience and expertise in real estate and properties. Our vision is to provide best quality properties for a happy living. Do visit our website http://www.iconipl.com/ or ‘like’ our FB page https://www.facebook.com/iconipl to know about our projects.
Group investment in properties – Icon Infra Shelters India Pvt. Ltd
Image: http://www.omgureka.com
It is not uncommon to see people buying property as a group. Immediate family members or even friends join hands to buy multiple units within a complex so as to get a favourable buying rate. There are many advantages of buying as a group:
Firstly, the research gone into ascertaining the credibility of the seller is magnified as one aspect overlooked by a person is pointed out by another and a conglomeration of different heads working towards a single goal is always more beneficial.
Secondly, the buyers enjoy better bargaining rates from the builder. In addition, when buyers get together as a group and build a forum during the construction stage, it serves as a check point for builder to deliver quality as the forum keeps constant check on the quality and progress of the construction.
Thirdly, approaching the bank for a loan as a group results in favourable discounts in the processing fee; the waiver, at times, is a complete one. Banks also welcome this trend as they get bulk business.
Finally, a cushion of a known community is already provided for the buyers since they already know each other. In case of families, it becomes a win-win situation as the members can live near-by and yet enjoy their privacy.
For the builder too, group purchasing is favourable as the sale of bulk units results in significant cash flow for them. This is a huge advantage in times of uncertain real-estate conditions where builders face a perennial shortage of funds to get the construction activity moving.
Group buying brings down the selling cost of the builder as the marketing costs are reduced considerable and this money can be utilized for other purposes.
ICON Infra Shelters India Pvt. Ltd is a young and enterprising entrepreneurship with proven experience and expertise in real estate and properties. Our vision is to provide best quality properties for a happy living. Do visit our website http://www.iconipl.com/ to know about our projects and ‘like’ our FB page https://www.facebook.com/pages/Icon-Infra-Shelters-India-PVT-Ltd/ to get regular updates about our projects.
What factors should be kept in mind before buying a house? – Icon Infra Shelters India PVT. Ltd
Buying a house is a huge and emotional decision for most middle-income group people. Yet, this decision needs to be made more with the mind rather than the heart. There are crucial factors that need to be weighed before you finalize your dream house.
Location of the property: It is important to buy a house that is closer to the main city and having potential for development so as to cash in on the relatively cheaper rates. It is also prudent to buy a house in a locality that would see an appreciation in terms of re-sale value.
Budget: While it may be tempting to overstep your budget while finalizing your first home, it is imperative that you resist the temptation to do so. Good planning includes taking stock of your finances and knowing exact cash outflow in terms of EMI and other expenses.
Loan eligibility and assistance: A home loan from the bank depends on various factors like repayment capacity, debts, age of the applicant and income. Loan rates also play an equal role in deciding the eligibility. Loan eligibility can be determined by the loan calculator available online. Many builders provide loan assistance to facilitate smooth processing of loans.
Rental value of the property: The property you invest in should be able to fetch you rich dividends in terms of rent. Rental value could depend a lot on the locality, good connectivity to essential services and the amenities available if it is a gated community.
Clear title of land: Always seek the help of a lawyer to verify all the documents of the builder. The land and title needs to be verified in addition to ensuring that the builder is abiding by all the laws while building a property.
History of the builder: A good deal of research must be invested in knowing all about the builder, his past projects, the quality of construction, up-keeping of commitment and customer satisfaction.
Amenities provided: Compare your expectations to what is being provided. Water supply, storage and drainage needs to be well-taken care of by the builder. Additional care must be taken to see the kind of material that is used in the construction.
We, at Icon Infra Shelters India PVT.Ltd, are young and enterprising entrepreneurs with proven experience and expertise in real estate and properties. Our vision is to provide best quality properties for a happy living.
Visit our website http://www.iconipl.com/ to know more about our projects or join our FB page https://www.facebook.com/pages/Icon-Infra-Shelters-India-PVT-Ltd/295384943914630?ref=stream to get regular updates about real estate and our business.
Benefits of living in a gated community – Icon Infra Shelters India PVT. Ltd
Many people prefer gated communities to building a lone house on a plot. This is because of the many benefits of living in a gated community.
Less traffic: There is restricted traffic within a gated complex and one can have a calm and peaceful existence without the humdrum of constant traffic and blasting horns at one’s doorstep.
Security: All gated communities have security guards posted at the entrance with a track record of persons entering the premises. The swankier the complex, the better the security features with CCTV, Video phone and the likes installed for more safety from intruders and miscreants. This makes living in such places safer for children and senior citizens too.
- Icon Honey Pool near Electronic city
Children’s play area: With the green and open spaces disappearing with growing civilization, it is always a concern for parents whose children have no safe and clean playgrounds near-by to play. Most gated communities take care of this problem by having a dedicated area for toddlers and children to unleash their energies. Some societies even have a child-friendly designated play areas that are free from the residential vehicular movement.
Other amenities: Depending upon the builder, people staying in gated communities are privy to other facilities like a clean swimming pool at disposal, a club house to organize and attend parties, a gym, in-house provision stores, library and sometimes even a school.
Well-knit social network: With more and more immigrant population in the cities, it is not unusual for families to be away from one’s family and home-town. These gated communities become house to people from various backgrounds, age and culture facilitating a cosmopolitan atmosphere and enabling a home away from home to be created.
We, at ICON Developers & Promoters, are young and enterprising entrepreneurs with proven experience and expertise in real estate and properties. Our vision is to provide best quality properties for a happy living.
Visit our website www.ICONIPL.com to know more about our projects or join our FB page https://www.facebook.com/pages/Icon-Infra-Shelters-India-PVT-Ltd/295384943914630?ref=stream to get regular updates about real estate and our business.
Icon Homz 