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Showing posts from June, 2022

10 Real Estate Words And Terminologies Every Home Buyer Should Know

  Buying a home can be an intimidating process; you have to choose the right locality, have to find the correct square footage for your needs and you also have to deal with a lot of paperwork. In all of this, the real estate terms and terminologies used can be confusing, especially if you are buying a home for the first time. So, without further ado, here’s a list of 10 important real estate words used in India that’ll make your home buying experience a smooth one: Built-up Area - The built-up area refers to the total area of your apartment. It includes the entire floor area of the flat, plus the internal and external wall thickness, the carpet area, the dry balcony, attached balcony, verandah etc. Carpet Area - C arpet area refers to the actual usable floor area of your apartment. This measurement excludes the area covered by the external walls, attached balconies, verandahs etc. However, the carpet area includes the area covered by internal walls, the ones located within the ap

6 Reasons Why You Need A Channel Partner While Purchasing A Property

  A channel partner is a person or company that partners with one or several construction groups to help them market and sell their real estate. To help you further understand the concept, here are some key differences between a regular broker and a channel partner.     Broker/ Agent Channel Partner Brokers deal in resale and rental market Channel Partners work as the external sales force for the developers Brokers don’t necessarily have an office, or a team, or digital or social media marketing resources A Channel Partner has all of these resources Brokers don’t necessarily require RERA to do business It’s compulsory for Channel Partners to have it Brokers charge brokerage to the clients in resale as well as rental agreements Channel Partners do not charge any brokerage or service fee to the clients Reason 1 – Options! To find out ongoing projects in the pre

7 Reasons Why Hinjewadi Is Becoming Pune’s Fastest Growing Real Estate Hub

Situated in the north-western parts of Pune, Hinjewadi is becoming the c ity’s fastest growing real estate hub. If you are on the fence about whether to invest in a property at Hinjewadi, here are 7 reasons that’ll convince you to pay the booking amount immediately! Reason 1 – IT Centre The Rajiv Gandhi Infotech Park and Biotechnology Park in Hinjewadi houses several national and multinational IT companies. There are also several start-ups that are blooming in the area. These companies provide employment to lakhs of people. Some well-known IT companies in Hinjewadi include:          Infosys          Accenture          TCS          IBM          Persistent Systems          KPIT          Cognizant          Tech Mahindra So, if your career is in the IT sector or if you dream of establishing your own IT firm one day, Hinjewadi is the best place to have a house in. Reason 2 – Transport The PMRDA approved Pune Metro work that is going on in full swing will connect Hi

Reasons Why You Shouldn’t BUY Real Estate, But RENT It Instead!

  Wondering whether to buy a house or rent it? Worry not! We are here to help you with the decision making process. 1.   To Rent A House – You Love Restrictions! When you rent a house, you cannot undertake major renovations. You cannot make changes according to your requirements. Besides, on a rental property, there are several restrictions in place, like bachelors not allowed, pets not allowed, cooking non-vegetarian food not allowed. If you love these restrictions, you should definitely rent a house! 2.   To Rent A House – You Love Unpredictability! At the end of your rental agreement tenure, there is no guarantee that the agreement will be renewed by the landlord for the next 11 months. Since you love the unpredictability of life, and since you love not knowing whether you will have a roof over your head tomorrow, you should definitely rent a house! 3.   To Rent A House – You Love Moving! Maybe your rental agreement was not renewed or maybe your landlord has asked you t