Want to Sell Your Property At a Better Price?

The prices of the residential properties for re-sale are not as convincing as they are for the new ones. Hence it becomes a little difficult to sell off your existing house at an appreciated price. But don’t get disappointed! There are ways with which you can make your home look a lot more appealing to the prospective buyers and may even be able to sell it off at a better price. Here are 5 interesting ways to do so and make it look like one of those luxurious apartments in Whitefield without spending a huge amount on renovation:

1. Paint:

This is by far considered to be one of the most effective and inexpensive ways to enhance the appeal of any property. Identify the element which can be painted to give a refreshed feel to the space. The most apparent ones are walls which absolutely change the way a space looks and feels. You can turn one wall into a focal point by painting it in a darker color and finish leaving the rest of the walls simple so that this focal point draws the attention of the onlooker. Rest of the elements like window panes, doors and furniture can also be repainted so that it suits the re-done space.

2. Clean:

Before you invite buyers to scrutinize your home, make sure you clean it thoroughly. Other than the usual mopping and dusting, also clean the exhaust outlets, fans, fall ceiling indents, vents, shafts, etc. If you even noticed, the fancy properties in Whitefield and other posh areas are always spic and span which makes them luring to the potential buyer.

3. Décor:

Keep the interiors and exterior décor simple yet appealing without investing much money in it. Remove weeds from your garden, clean front yard walls or terrace parapet if you are on an upper floor, clean your planters and pots, trim the plants, add a few floral plants in both indoors and outdoors etc.

4. Disguise:

There might be some aspects in the house which cannot be changed without spending a bomb, so instead of refurbishing them, you can hide these flaws. For instance if there is a crack in the woodwork, you can scrub and re-paint it, hide it with a fresh upholstery, if the flooring is now old and stained you can spread a nice rug or a carpet and runner so that it does not show, if the brass or any other metal door knobs are rusted then you can simply polish them so that they look clean and shiny, if there is a crack in the wall a good painting or a wall hanging can hide it, even a stylish stalk like money-plant can be used to hide this wall crack.

5. Upgrade:

Replace lamps and lights, use accent light to highlight your art pieces in décor so that buyers attention goes towards these rather than the flaws. Use LEDs so that less electricity is consumed and you can even take them with you to the new house you are planning to move to.

Analyzing the Growth of Bangalore

Bangalore being the Silicon Valley of Indian has been flourishing to new heights with most of the revenue being generated from the IT and the real estate industries here. Also it ranks in the top ten entrepreneurial destinations and owing to this reputation it offers endless opportunities for new as well as established professionals.  Moreover, this smart city has been witnessing growth in all the other aspects as well. The physical, social as well as public infrastructure and logistics has also developed to international levels in several parts of the city. This glory furthers the residential housing sector by increasing the demand in all the segments of this sector adding to the magnificence of the city.

This growth of affordable, mid-segment and premium apartments for sale in Bangalore in turn has surely attracted investors from across the globe in order to avail the lucrative investment opportunities and earn a higher return on investment (ROI). Also, since the demand for homes for sale is on the higher end in the trajectory of the market, resale is also easy. Moreover, renting out the properties has also become a good source of income to pay off the EMIs for small buyers. This makes the investment in immovable assets even more attractive and worthy.

To enhance the growth experience in the city even more, government has focused on progressive developmental activities like improving connectivity to central business districts and in other infrastructural aspects. This has made several region self-reliant micro markets. Some of these prominent areas with premium apartments in Bangalore are Whitefield, Old Madras Road, Kanakpura, Electronic City etc. because of their high-end realty by reputed developers like Brigade, Nitesh Estate, Etc.

The mushrooming of new infrastructure in Whitefield added to this growth spearheading the development in East Bangalore from almost a decade now. This area has everything one might need to lead a comfortable life like shopping malls, local market, high end residential projects, IT parks, commercial areas, retail spaces, parks and greenery, etc. additionally the completion of Outer Ring Road (ORR) providing a continuous stretch from Silk Board Junction to Hebbal via Electronic City to Whitefield has smoothened the connectivity in eastern part of the city.

The two main areas where new classy townships have emerged are Electronic City and Whitefield and this is why these have witnessed significant progress in the recent past. The hike in rentals in the main city and the fast paced life has been forcing people to search for peaceful areas like outskirts where they enjoy all the benefits of the city life while living in the lush green surrounding of calm and serene suburbs. Moreover, the benefit of living in urban homes at the cost of suburban price is all the more rewarding.

The ever increasing number of IT companies in Bangalore have made it an ideal location to live in. It has been ranked as the fourth best IT hub of the world and the 5th fastest growing city in Asia. Therefore, Bangalore is not only a preferred option for domestic buyers but has also managed to capture the attention of NRIs, HNIs and is now becoming the top most choice of investments in India.

Buy A Home For An Élite Lifestyle in Your Budget Smartly

When you are investing your hard earned savings to buy a home you definitely want it to be a blend of high quality construction and classy amenities to help you lead an elite lifestyle. Some of the good townships with residential apartments in Bangalore offer such a unique balance at affordable prices and state of art structure. But the investor needs to be meticulous so that s/he invests in a genuine property. Following are some of the important tips to help you with achieve your goal of owning a home in one of the good areas here:

Criterion:

Decide the characteristics you need in the home you are planning to buy. Starting from a predefined budget as per your income and affordability to the locality and connectivity convenient for you and your family, make sure you think of everything and plan. When it comes to planning the most important investment of lifetime, starting for the scratch, is always beneficial.

Research:

This is always the most important step for every venture one initiates so that you have data to analyze and base your decision on. This is called rational decision making for which a thorough research is a must. All you need to do is scan through various means of information of properties like newspapers, internet, brochures, making phone calls to real estate offices etc. to find various options available to suit your criterion. Once all the information has been gathered at your end, you need to assess and comprehend it to your understanding and benefit.

Take Advice:

Since this could be too much of information to understand at once, it could be confusing. Often new buyers do not understand aspects like taxes which make a difference to the total price. For instance if you are considering the flats in Banashankari  you must find out the total cost along with the stated price because even after the realty firms quote and decided a price, they tend to increase the prices for different reasons like unforeseen circumstances, increase in price of raw material, increase in taxes applicable, etc. So, there is always a little difference in the quoted price and the actual amount buyer’s end up paying till possession. These details are better understood by the professional experts who are form the same field and deal in properties rather than the layman. Hence, it is advised to take a professional advice or consultancy to avoid feeling cheated or misled. This will give buyer a clearer understanding of everything help you manage your finances and other aspects in a better way.

Survey the Vicinity:

Lastly, after getting a complete understanding of all the details related to the particular property which suits your needs, and before finally cracking a deal with the seller, it is necessary to take a survey of the vicinity and the township where you are planning to go and settle. Check if the population in this area is similar to your own temperament and upbringing or will the interaction between your kids and family and rest of the people will cause uneasiness to you. Also discuss about the electricity and water supply with the neighbors already residing here. Check out if the additional amenities match your expectations and as was promised.

Expectations From A Luxury Apartments

“Real estate provides the highest returns, greatest values and the least risk”

We envision grandeur when we think of raising our standard of living and the first step we take towards achieving this goal is by buying a luxury apartment. Living in these high-end homes help you experience a lifestyle which is as beautiful as you can imagine yet as real as you can live. Mostly these luxury flats in Bangalore are in majestic townships with breathtaking landscapes and all the comforts you need to paper yourself. Some of these are mentioned below:

Security in the Vicinity –

The most important aspect for a home to have is a secure environment. If you are assured that the township you are living in has sufficient security with CCTV cameras and security personnel on guard, you will live with a peace of mind without bothering about the risks you might be prone to. Therefore choose a home in a place which has good level of surveillance 24*7 just like the apartments in Mysore Road.

Family Oriented Area –

Luxury homes are spacious and comfortable and you can’t run behind your child all the time therefore it becomes all the more important that they are child friendly. This means the door knobs should be beyond the reach of toddlers so that they do not lock themselves up, the height of kitchen stove must be higher than the height of toddlers, the electric sockets should have pin covers so and should not be at the ground level, the terrace parapet must be higher and stronger than the height of the child and the weight of the child, these aspects also make the it pet friendly. Also the floor must have anti-skid tiles so that elderly or kids do not slip off while walking.

Healthy Environment –

The health of residents is very important and hence some trusted developers are focusing on developing certified green buildings so that the township has least amount of carbon footprint. Also, these have lot of greenery so that each time you look at the campus you feel proud of living in a pollution free environment or in breathe air which is as fresh as possible.

Additional Amenities –

These residential projects are loaded with numerous activities to keep you active like Tennis, Basketball, Cricket and Skating Rink. They also have swimming pool so that the pristine water of the pool help you forget the fatigue you have been throughout the day. There are meditation pavilion & sauna in most of the townships from trusted groups like Brigade to relax and rejuvenate your senses whenever you want. To add to this and make you experience richer, you will also have a clubhouse with gym, mini theatre & Indoor Sports for entertainment for you and your family along with themed landscaped greens & water bodies.

Apart from these non-monetary benefits, the most common monetary benefit they have that they certainly give the best ROI and have least risk which makes them a good investment option.

Is Real Estate a Good Investment Option?

Once we accumulate sufficient savings, we manipulate and evaluate various investment options but get confused and either put all eggs in one basket or end up investing in an asset which offers high returns and ignore the risk associated to it. Following are some tips and suggestion, to save new investors from this hassle:

• Real estate offers best return on income with low risk. If invested at the right time, real estate offers not only significant profits but also allows you to learn a lot about investments. It is a low risk investments because the value of residential property hardly ever depreciates. Most of the times it appreciates over time giving buyer high returns on investment. Therefore if you are looking for a 3 BHK flat in Bangalore and also want to invest your money, go ahead!
• When the market is down or slow, a house at a good location can be bought at a good price and sold off when the market hits high. Patience is the virtue here.
• During the time of recession and market instability, property rates seems to hold themselves better than other investment options which makes it one of the most suited investment for those who are looking for long term investment. This is observed mostly in the developed cities like the residential flats in Bangalore or other metropolitans where demand is high.
• Market inflation also seems to have low impact on the price of the property as the rate of appreciation is usually higher than the rate of inflation.
• Low rate of mortgage in the present scenario makes it easier for the common man to approach this industry and earn a strong benefit.
• New buyers or investors can make use of the finance options offered by the banks to buy a suitable property according to their budget and in 2 to 3 years, they sell this property with reasonable profit.
• Some builders are also providing good holiday homes and villas which offer a good country side experience and present a good investment opportunity. With systematic investment and EMI options one can slowly build their dream home.
• There are many tax benefits which comes with buying a new home. CA or your tax consultant can help you with that.
• Proper research and study is the key to help you make the right decision and take a leap ahead.

Hence, real estate is one of the best investment options, which makes the whole process of building wealth or beginning to build a good portfolio easier. This being the biggest investment everyone needs to do at least once, because all of need to live in a home, relieves us from a huge responsibility. Therefore there is also a personal gain here, which is about the sense of achievement. Once, you buy a home, you can put rest of your savings in other investments options which are short-term but have higher risk.

Best Projects In Whitefield

Whitefield is one of the most posh areas of Bangalore which has become self-sustained in the recent past. This is precisely because of the growth of IT sector here which began in early 2000’s and continued to boom ever since then. This is playing a major role in making this metropolitan a progressive place and hence favorable to live in for educated class.

Because of growth of IT, development of good infrastructure, mushrooming of new residential projects, reputed educational institutes and best hospitals in the vicinity, Whitefield has turned into a high in demand location. Moreover, there are urbanized markets and recreational facilities in and around this area which adds to its worth.

Yet another factor is the connectivity to rest of the Bangalore so that commuting is not a problem here unlike other newly developed places. The townships here have easy access to BMPTC buses and rails have a good frequency. Furthermore, the Namma Metro projects is expected to connect Whitefield to Byappanahalli easily.

Hence, it has a growing demand for residential properties due to the boom in real estate sector which is providing urban homes at suburban cost. Therefore, there are plenty of good options for new apartments for sale in Whitefield, Bangalore. This is why it is good for both investors and those who want to live here.

Lakefront: This residential project by Brigade has been fabulously planned to suit your lifestyle needs with a touch of class and luxury at affordable price. The Best aspect of this projects is that it is offering 50% off on extras which further helps in fitting your dream apartment within your limited budget. As of now these are the best apartments for sale in Whitefield Bangalore because of the excellent additional facilities this project comes with:

• 09+ sq.m. Clubhouse with rooftop swimming pool
• Basketball, Tennis and Cricket Pitch
• Large open green spaces
• Children’s play area and Senior Citizens court

Cosmopolis: This is another remarkable project by Brigade Group which has been in demand by both buyers as well as investors. Part of the reason is the discount it offers in extras and part of it is because of its location and expected increase or appreciation in its value as an asset. These luxury apartments are priced at 90lacs and offer following additional facilities:

• Luxurious 2972.897 sq.m. clubhouse with a rooftop swimming pool
• Sky & terrace gardens, a tree grove & landscaped gardens
• Tennis, squash, badminton & basketball courts, a cricket pitch & more

Prestige Bougainvillea: It has high end luxury villas with a starting price of 3.95 crores. These exclusive villas are spread over 3.5 acres of land to give you an experience of the elite lifestyle. This project has a Clubhouse called The Hurley Club, set up lavishly in 4 floors with a rooftop swimming pool for rejuvenation. This has a good connectivity to Forum Value Mall and Phoenix Mall, hospitals like Narayana Hrudayalaya and Columbia Asia and reputed international schools like Inventure Academy and Deens Academy.

5 Parameters for Taking Home Buying Decision

Buying a home a “once in a lifetime” activity for most of us and so it a crucial investment. Therefore one needs to be extremely meticulous while making a buying decision for a residential property. Before buying a new home, one must consider following parameters:

1. Plot Size, Carpet Area and total area: While you are searching and evaluating for various available options, make sure you don’t get lured by the fancy interiors and exteriors. There are not the primary factors for buying a home. More important one is the area of the plot in which the house is constructed. A house should have habitable space for all the residents to comfortably live in it. Find out the total plot size, and how it is divided into covered and open area. Some of the good examples of habitable space are the Brigade apartments on Mysore Road which are spread over 11 acres of land. The homes should be luxuriously designed for comfort and convenience of all your family members.
2. Locality: This is yet another primary concern because if the locality is not good and comfortable, it will pose many big and small discomforts and threats to the family members. Also commuting will be a problem if the area is not well connected to the rest of the city. Therefore choose a home which has sufficient living space and healthy surroundings. For instance, brigade Panorama reviews have been nice, similarly you can check most of the feedback for several good townships online and know the general public opinion which can further help you in taking a decision.
3. Budget: It is one of the most important aspects while making a huge investment. Most probably when you buy a new house, you will also take home loan from a good bank. This will directly impact your monthly spending habits and expenses. Debt are difficult to pay off so it is important to find out good opportunities to save your money. Brigade group recently offered 50% savings on extras. Such deals and offers will reduce your total amount to be paid and make the buying process easier to fit into your budget.
4. Curb Appeal: Appearance of the house is extremely important. If you are spending your savings on buying a property it is important that you feel good every time you enter your home or look at it from outside also. People create an impression about you when they see your house and carry this impression when they talk about you or when they meet you and your family. Therefore it should be really nice and a home looks good if it has been built according to a nice floor plan like the ones some of the new townships on Mysore Road. One of the best examples of this are the Brigade Panorama Floor Plans. It always easy to have stylish exteriors and classy interiors if the design of the building has been brilliantly planned.
5. Workmanship: The quality of work that has been done while constructing the house defines its value and the level of maintenance you will have to invest in after you buy a property. If you are about to choose an already constructed property, the best to find out about this aspect is by talking to the neighborhood. They can share their firsthand experience based on which you can decided if your choice is good or if you should still carry on your search for a good house.

Tips For Identifying Real Estate Trends In Bangalore

1. Supply: This aspect is stable in Bangalore because of several new upcoming projects in the outskirts. This is no doubt attracting the attention of the buyers and investors – both Indian and international. This area of the city has seen an upsurge and its total share of net absorption has greatly increased.
2. Demand: The demand in this metropolitan is never ending because of this city being the IT hub or the Silicon Valley of India and hence it attracts movement of professionals from across the globe to this city. This is why the graph of the residential real estate segment in Bangalore has more or less been stable. Though the vacancy rate slightly fluctuates, the occupancy rate keeps rising.
3. Capital Value: The capital value of the residential apartments in Bangalore has been appreciating. The new projects with higher price has stirred a hike in the value of several existing residential areas as well. Moreover, the penetration of more and more MNC’s and attention of HNI’s and upper class has made the graph dynamic. The developers understand that people of all income groups have varied needs and hence have been developing suitably priced homes for almost all income groups. Therefore there has been a win-win situation here.
4. Expansion And Infrastructure: Bangalore is one of the best examples of Expansion and infrastructural development. Areas like Whitefield have been the major attraction of reputed players of real estate market. Several well-planned townships are offering perfectly priced homes with additional amenities which further lure the buyer. This is why the population here is increasing and the city is expanding its residential borders. Buyer who are looking for apartments for sale in Whitefield, Bangalore and other areas around it are going to be happy with their buying decision in the long run because of the appreciating value of residential assets here.
5. Vacancy Rate: it has increased due to positive reasons more than negative ones. Since the infrastructural development has been at a faster pace, than the movement of population to this metropolitan, there are ample number of vacant apartments for new buyers to choose from. Hence, giving variety of choices them to pick a suitable property. Market players like Brigade are offering homes for buyers of all the income brackets.
6. Sentiments of Buyers: Sentiments across channels show improvement since the favorable market condition has earned confidence of the buyers and investors and hence the supply and demand has also led to appreciation of monetary value of the assets.
7. Rentals: Housing sector has seen growth and maturity and this is precisely why even the rentals have shown improvement. So while you can use your property to generate income and pay your installments. Furthermore, the temporary migration of professionals for work here, has increased the prospects of rental sector.

So, real estate is a good investment option and can also be used as a resource to generate additional income.

What To Look For in a Luxury Apartment

Some of us have big budgets to buy new residential properties and can afford a higher standard of living. This category of buyers can buy luxury homes which are better in all aspects and give you an experience of both tangible as well as intangible luxury.

When we are paying extra premium for a property, we expect extra value for money so that our life becomes easy and fancy to an extent. Following list will give you an idea of these “extra” additional aspects you are looking for:

1. Beautiful Views: When you buy a luxurious apartment in Bangalore you must get a feel of living in a high class posh locality. The townships which offer these high-end properties mostly have beautifully landscaped open areas to wake up to a bright shining sun amid refreshing greenery every morning and sleep after a walk in a stylishly well-lit vicinity. Living in a well-planned township gives a feeling of classy atmosphere and satisfaction and confidence of having achieve a goal of making a home in life. Even the architecture of the colony and the towers where you have your apartment of flat should be constructed in a maintenance free design which boosts of contemporary outlook and outstanding appeal.
2. Additional amenities: When you decide to live luxury apartments like those in Brigade Panorama, they usually expect some additionally amenities which make life a lot more interesting and easier. For instance, each tower in the colony should have lifts or elevators to reach different floors; some health facilities like gymnasium for those who want to exercise; a clubhouse to socialize and keep your life interesting; swimming pool for a refreshing workout, and of course some sporting facilities like a cricket pitch, tennis court etc. These additional facilities also include car parking which is otherwise an issue of concern in other old colonies.
3. Connectivity: Imagine living in a luxury apartment but as soon as you step out, you find yourself in a pool of cars jammed on the road to waste your time or a bad road for a bumpy ride. This will spoil the charm of living in a luxury apartment when the dream home shatters while commuting to and fro. So make sure the township you choose to live in is well-connected with smooth and well-constructed roads. Therefore the properties in Mysore Road, Bangalore are more popular and convenient.
4. Security: This is a crucial aspect of life in a society. No matter where you live, security of the family and home are most important aspects. You won’t be able to get the peace of mind until your find a safe place to lead a happy life. Hence, when you go for you site visit, make sure you check the security arrangements like security cameras, guards, and how they keep a record of the passersby and other social element around.
5. Quality of Workmanship and fittings etc.: When you buy a new home it should be spic and span swanky and flawless. After all you will be spending your hard-earned money on it and so it should be worth the higher premium that you are paying. So, check the fittings that have been used or that are about to be used. Also check of the trims, slabs, cabinets and other things have been fitted strongly and neatly.

5 Step to Buy a New Home

Life of most of us revolves around achieving various short-term goals of life and during this course, some of our more important long term ones get delayed. These short term goals are mostly about increasing the standard of living but seldom do we understand that some long term goals like investment s and buying a residential property can be the first step towards this.

If you are looking for options to realize this goal of owning your own house, it is time now:

1. Ask Questions:

Ask questions to yourself about the kind of property you are looking forward to. There is no end to the luxuries offered by the luxury apartments in Mangalore and their prices are skyrocketing. So ask yourself the kind of budget you can afford? ; Your luxury requirements? ; By when do you need the possession of the house? ; What kind of atmosphere do you want to live in? ; What kind of township do you want to live in? Which part of the city is more convenient for you to live in? ; Etc. This will give you a check list of your requirements and an outline of the kind of residential property you want to buy.

2. Define Budget:

You are best person to understand your own financial status because it is you who knows about your spending habits, your expenses, and most importantly your savings and future requirements of funds. So you are the best judge to decide how much budget to fix for this huge purchase. While you plan all this make sure not to go too tight on future expenses and do not use the emergency fund for this purchase. After all banks would be more than happy to lend you money if you are someone looking for options in 4, 3, or 2 Bedroom premium flat in Mangalore and have a good financial standing.

3. Choose Area:

After deciding upon the budget, it will be easy to select the area to hunt for your property. You need to do a small survey online to see which areas fall within your specified scope. After this it is time to scan through various options and leisurely select a few properties to explore. Make you choice according to the parameters like commuting distance from your workplace, your children’s educational institutes, medical facilities should be close to the house, nearest police station, etc. because uncertainties always come unannounced, rate of property appreciation over time, et.al

4. Seek Advice:

Now that you have a list of choices in your preferred area, seek advice form an industry expert like a property dealer, a local builder, some old residents, and of course internet. This will give you a fair idea of what is general opinion about this area and if the company is charging fair price from you, if the township is up to the mark, and the reputation of real estate group, for instance, some reputed ones like Brigade Pinnacle, are decently priced and have beautifully landscaped properties loaded with additional amenities.

5. Don’t Delay:

Now that you have all the information you need about your requirements and some suitable options, it is time to make the final buying decision. Do not delays, as the property prices quickly rise and good properties are sold like hot cake, so it’s time to giddy up!!