How to Handle the Property Handover Delay and Home Loan EMIs.Many home buyers’ biggest nightmare is the situation where they face delays in the handover of apartment / villa . Assuming that the buyer is living in a rented house and has booked a brand new apartment using a home loan, and is about to move out soon. Nevertheless, there is a delay in handing over the apartment, and the equated monthly...
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...
1.One-time Investment Buying your own house is a one-time investment, not only in terms of money, but in terms of creating fixed assets. When you stand in rent a house, you can’t predict in advance how long your stay is going to be in that house. For multiple reasons, you may have to shift to a new house and the shifting process leads to the wastage of time, damage of goods as well as money. The fact...
When searching for a property, you are likely to come across several new residential projects in Chennai. So, how do you decide which one is the best for you? Well, there are some key factors you need to consider in order to select the right property. The right choice will also depend on your specific needs and preferences. To make things easier for you, here are 10 ways to select the right choice...
Buying a house is always a moment of pride. It is, in fact, a dream come true if it?s your first house. There are so many things that go into fulfilling your dream of owning a house. Here are a few things that you must keep in mind when looking to buy your first house: Seek legal help: If you are looking for a house for sale in Trichy, then ensure that you seek legal help in the process. When you...
Investing in residential property is a safe option and can give good returns in the medium to short term. Since investing in residential property will cost a great deal of money, it is likely that you will be taking a home loan. It’s quite easy to apply for and get a home loan sanctioned these days. You also get various tax benefits, for example, deductions under Sections 24, 80C and 80EE....
If you are here, you must have bagged a property or are going to do so. We are happy for you. Before you move in, there is this crucial process of registering the property in your name. If you have no idea how to do that, worry not! We got your back. We have come up with a step-by-step guide on how to register a property in Chennai and a bonus section that discusses common challenges faced during the...
We might have heard the terms Patta and Chitta while discussing real estate and properties. Did you know what patta and chitta are? Patta and Chitta are crucial documents in establishing and safeguarding home ownership in Tamil Nadu. Did you know that over 90% of land documents in Tamil Nade have been digitalized as of a report from 2022? Land documentation has been made easy and transparent...
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...
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