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 its flourishing economy, rich history, enduring culture & traditions, cosmopolitan population, and plentiful sightseeing options, Chennai has emerged as the preferred destination for homebuyers. The residential real estate market in Chennai offers various options to homebuyers; everything from affordable homes to apartments, luxury penthouses, villas, and bungalows. While affordable homes and...
When choosing a property, many buyers focus on factors like built-up area and attached amenities. However, the most critical factor in any real estate purchase – the land itself – is often overlooked, especially in the case of apartments. When an apartment is purchased, the buyer is allocated a certain amount of the land as their Undivided Share of Land (UDS). This share has no defined boundaries and...
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...
Over the past few years, Chennai has become a thriving Information Technology (IT) hub, with many IT and software firms openings offices and branches in this region. Hence, there has been an influx of individuals from the high-income group into Chennai. This has subsequently, led to the growth in demand for residential apartments in and around Chennai. However, purchasing a flat in this region can prove to...
The cities of the north, as well as the south, are witnessing a boom in the real estate sector. The reason for this exponential increase in the number of real estate projects can be accredited to different factors. Among numerous cities in the country, Porur is one such city. Mentioned below are 5 reasons that why buy a flat in Porur. Job Opportunities Porur is becoming the hub of job opportunities....
Home buyers often prefer purchasing apartments which are units of high-end residential complexes, not only for the flat design and specifications, but also for the amenities provided by the real estate development firm. Renowned real estate development firms offer their customers numerous amenities such as multipurpose hall, gymnasium, twenty-four hours power back up, and many more such facilities. If you...
