Want to buy or live in an apartment but are too worried about the myths about living in an apartment? Read the 10 infamous myths about living in an apartment. Living in apartments is not safe for families, they lack privacy, they are too expensive, and there won’t be a sense of community you might have heard a lot of these phrases while talking to someone about owning or living in an...
Chennai Metro Rail Phase 2 The Chennai metro rail phase 2 plan which is part of the smart city project is all set to be completed by 2026. The project aims to enhance the city’s infrastructure thereby improving the city’s public transportation system and reducing traffic. The key feature on how it is going to help with the connectivity of Poonamallee is through corridor 4 which is a part of the phase...
What is an annual budget? An annual budget is crucial in shaping the country’s economic landscape. The Finance Minister ( Mrs.Nirmala Sitharaman) presents the annual union budget. As per Article 112 of The Constitution of India, the budget is to be presented every first of February by the finance minister in the parliament. The budget comprises fund allocation details of various sectors in the...
Budget How much are you willing to allocate for your dream home? Budget is a major deciding factor when it comes to choices like these. Even though you want to spend a lot on your dream, you might be restricted if you depend on loans. Because then you also need to think of the tenure, EMI amount, etc. Family size Even though millennial couples follow a nuclear family setup, Indians are known for their...
What is Real Estate Regulatory Authority (RERA)? We might have seen the words REAR and RERA-approved plots, in flyers. But how many of you know what is RERA and what it has to do with real estate? RERA (Real Estate Regulatory Authority), as the name suggests, is a regulatory body established to ensure smooth functioning, avoid corruption, and avoid builders levying extra charges on the...
Introduction A dilemma every buyer has at the initial stage of planning to buy a home is whether they should opt for a ready-to-move-in or an under-construction project. Even though Each has its own set of pros and cons, the decision ultimately depends on the individual's needs, requirements, preferences and feasibility. However, there are certain factors to focus on before making the final...
Why should you know the difference between CMDA and DTCP? Though both DTCP and CMDA serve almost similar purposes, there are some subtle differences between them. This article focuses on educating you on the differences between DTCP and CMDA in the simplest way possible. If you are a builder, developer, homebuyer, or investor you must know the difference between DTCP and CMDA. In a nutshell,...
Home Buying Guide If you are here, you must be planning to buy a house now or soon. The process can be a bit overwhelming. We have come up with a complete home-buying guide, crafted by experts in the field. You will learn from budgeting, and applying for home loans to documentation, taxes, hidden charges, and regulations you must be aware of. While leaving this page you will be filled in with all the...
What is the Floor Space Index (FSI)? Floor Space Index (FSI)or Floor Area Ratio (FAR) is the standard metric used in urban buildings to ensure safety and ventilation in the livelihood. The higher the FSI the more crowded and dense the space will be. The lesser the FSI would lead to underutilization of the land and be lack of facilities. In simple terms, you cannot raise a building in your plot. If...
The home loan process simplified Getting a home loan sanctioned can be a heck of a process. It is so, because of the copious procedures associated with it. Many people suffer a great deal while applying for a home loan because of their inadequate knowledge about the process, some even end up getting exploited by fraudsters. Well, we've got you covered with our simplified 11-step Proven Process. You will...