7 Smart tips to avoid delay in moving to your new houseBuying an apartment or villa is a dream come true moment for an individual after 15- 20 years of hard work. It would be devastating for the buyer if they could not move into their new home at the last minute, after so much effort like visiting 40-50 builders and choosing one among them. Things might take a turn due to various reasons, for instance a...
What do people need to know about on-time apartment delivery?The real estate sector was booming from 2005-08, with many developers promising buyers that they would enable consumers to get into their new homes. However, even ten years later, many promises have yet to be fulfilled. The global economic slowdown added to the woes of the already struggling sector, and many buyers have lost faith in developers...
List of legal documents should be considered when purchasing a property in ChennaiBuying an apartment/villa in chennai from a developer is not just investing a huge sum and taking possession. It requires buyers to be aware of legal aspects before making investment. Buyers should not only lookout for an apartment/villa that satisfies their requirements but they should also make sure that the property has...
1. Recharging Ground Water in ApartmentsWater is essential, and it is a finite resource. Groundwater recharge is one method of water management that can help ensure an adequate water supply for future generations. Groundwater recharge occurs when water from the surface, such as rain or melted snow, seeps down into the ground and replenishes groundwater supplies. This process can happen naturally during...
1. Handing over certificate/ Possession LetterThe new owner of the property will be issued a Possession Certificate. This certificate proves that the ownership of the property has been transferred to the purchaser and that they are now thoroughly interested in the property. Both parties must register for the same property; this means that the developer must sign a declaration stating that they no longer...
1. Infrastructure Issues :Buying a pre-owned apartment/villa has certain costs involved. One might get ready to move into a living space but they also might face certain surprises like faulty structures or faulty electrical wirings or leakages in plumbing work or interior may not be of an individual’s choice and paint works too. Imagine the amount that one has to spend on renovation work. Buying a new...
With rising affluence and the desire for classy lifestyles, demand for luxury villas has increased significantly in the top most cities in the country. One of the preferred destinations for luxury villas is Chennai, a city that is ranked 4th in terms of its contribution to GDP. Being a port cit1y, Chennai has attracted significant FDI (Foreign Direct Investment), which has contributed to its booming...
With the ever-increasing population, pollution and property rates in the Chennai metropolitan area, prospective home buyers are today looking for greener pastures. And this has led to the rise of many micro townships in the neighbouring areas. The suburbs of Chennai have got a facelift through many residential mega projects as well as government initiatives. One of the most promising real estate areas in...
With rising affluence and the desire for classy lifestyles, demand for luxury villas has increased significantly in the top most cities in the country. One of the preferred destinations for luxury villas is Chennai, a city that is ranked 4th in terms of its contribution to GDP. Being a port cit1y, Chennai has attracted significant FDI (Foreign Direct Investment), which has contributed to its booming...
The past 2 years have been a challenging phase for many people due to the unpredictable COVID-19 pandemic. Due to uncertainty, people had paused in 2019 & 2020 to buy the best apartments in Perungalathur. But in 2021, the situation is getting better, and people’s interest in searching for flats for sale in GST, Chennai and flats for sale near Tambaram is pacing up rapidly. The builders see a good...