Real Estate Buying Tips

Why Living in a Rented Property When You can have your own?

By admin,November 17, 2015

Considering all the perspectives of prices in the market it is very crucial for the end user to think that he should go for rent or in buying his own property. Buying the own property is somewhere more considerable as the rent which we pay to landlord never comes back, however it is possible to get the finance done on home and pay to the bank rather than the rent as at the end there will be great output from the same i.e. your own house.

Earlier people used to consider the location as their preference and then used to decide upon the rent or owning the house. However now the time has changed and there are many new concepts in terms of housing facilities comes into the picture. Manglam which is the top realtor of Rajasthan offers many variety in product wherein they have the option for customers which can turn out to be the savings for them and it says that whatever rent they are paying outside they can easily pay as EMI’s to the company and can own their own house rather than paying the EMI’s as well the rent.

Time passes very quickly and owning our own house is always a best option as it has been considered to be the biggest assets of life, also the difficult decision because it needs lots of brainstorming on price, location however once it’s done then life can be easily spent in comfort in your own house.

There are pros and cons of Rental options; let have a look

WHY?

When you are renting a house

Maintenance is no worry
Monthly cost can be lower
You do not need to worry about major maintenance cost.
You can rent out as per your requirement, if your workplace is far from the city one can have many other and better options for renting a flat at the outskirt, if it is within the city then indeed there is no problem in renting the flat.
You can easily move at another place if you in case doesn’t like the locality and if you like and consider the location worth then buying your own house in same locality can be the option as well.
You can really have the many options to buy in the same locality, and living in the rent on same area can give a good feel of area as well as one can know about the nearby facilities.

WHY NOT?

Rent given can never become your savings neither it will come back; so it’s better to pay EMI’s of home loan.

Bad landlord always troubles you and can always to fetch the money from you over the name of maintenance or small repairs.

In rented house there always a limit in decorating the house or doing anything extra. Also it is very off feel of doing extra work in the house which is not yours.

Buying a flat will surely secure your future so it’s better to own!

Stay tuned with us for updates regarding flats in jaipur

High Rise building

Priority of High Rise building should be the safety measures!

By admin,November 13, 2015

Nepal has bought a lot of sense of security in terms of high rise buildings. After the earthquake and severe tremors everybody gets gives high preference to the security aspects specifically in eastern India.

As per the new study of sky is the limit the average number of floors are 6-15 , 16-25 and 26-35 Floor. Comparatively it is proven that Mumbai has these kind buildings more than Bangalore and NCR. However it is very important to be prepared especially in high rise buildings for any natural calamity with mere or no less.

Construction is a huge field wherein people are learning different measures and techniques to implement in the infrastructure. These days there are many institutes and agencies who train the civil engineers on new techniques. Earthquake resistant structure is very much known by the public and they prefer the same also to avoid any difficulty later.

Government is also running a lot of projects on construction training so that the overall infrastructural are it the low level building or the high rise ones should be constructed with expert’s knowledge and new techniques.

Apart from Tier I cities Tier II and III are also having a huge scope of commercial and residential building. There are many IT/BPO’s/KPO’s are opening up in Tier II cites and because of the same the demand of residential as well as commercial projects has been increased real estate market these days.

There are lot factors which one should identify while constructing the high rise buildings

To analyze the fire risk attached with it
Understanding the strategies to solve the fire challenges
Specially how the fire safety measure work independently as well as together

Below are few specific points which should be taken into consideration

Unsuppressed fire always creates a lot of smoke horizontally and vertically so proper ventilation should be planned as well as fire extinguishers should be well kept at every possible corner. There should be well planned emergency exits on every floor at both the sides.

Points to Remember

Every High Rise building should have at least two staircases.
Every slab or balcony overlooking any exterior or interior open space which are 2 meters or more below shall be provided with parapet walls or guard rails of height not less than 1.20 meters and such guard rails shall be firmly fixed to the walls and slabs and may also be of blank walls, metal grills or a combination of both.
Every opening provided to ducts from the interior of a building should be closed with strong material.
Every high rise building which has more than 16 dwelling units shall be provided with at least one lift capable of carrying a stretcher.
Where access is provided over the terrace floor or to the terrace floor, the edges of the terrace floor shall be provided with parapet walls made of stable materials to a height of not less than 120 cms.

Stay tuned with us for updates regarding Flats in Jaipur

Real Estate Invest in Jaipur

Make your Festival comfortable with Attractive Home loan Schemes

By admin,November 7, 2015

What is better than owning your house rather than feeling emotionally sad about not able to do the decorations as per our desires because of the landlords, hesitated to spend in the renovations also because the tenant never know when he has to shift. May be after 6 months the renovation money which had been spent will go in vein.

Advantage to the women borrowers:

It is the universal fact that women are more excited than the men to decorate her house and keep it tidy and clean. The scheme is already in the market wherein the women can take home loan on lower interest rates. As per the proposed scheme the borrower should be sole applicant or can be the co-applicant as well however the priority will surely given to female applicant. She should be the first owner of the fund. The interest rate on above 75 lacks will be 10.10% rather than 10.15 especially to the female borrowers.

Schemes of Private Banks:

The banks are providing the exceptional rates to on the schemes wherein the base rate of the bank on 2 Cr loan will be 10.25%. One of the private financial institutions is offering a waive off of the previous 12 months Installments, if the loan borrower has a good a record of loan repayment on 20 years of the home loan.

Every category is being benefitted:

This is not necessary that one will not be benefitted if they have a small budget, they can still be benefitted with home loans range from 1 lack – 25 Lack. The loan will be given only to those whose income is greater or equals to 8000/- and the starting area of the size should be 325 sq ft. Fixed and floating options are available.

Females these days gets unlimited benefits by the financial banks as well as NBF’s wherein the interest rates are comparatively very lower than what is there in the market. It is just that the customer should be well aware of the variety of schemes available in the market which allows the customer to get the benefits out of it

Stay tuned with us for updates regarding flats in jaipur

Real Estate Invest in Jaipur

Where to Invest in Jaipur for maximum returns

By admin,September 9, 2015

First of all we need to emphasize on Why Jaipur? Location and other advantages are real secondary as the city almost having all the advantages and is becoming the demanding city overall, Tourists adores Jaipur because of its culture, adversity, and facilities. Lets us know all the possible reasons to understand why Jaipur is in so much of demand.

Jaipur has become the investment destination: Jaipur is eleventh largest city of India with population growth of 49%.
It is projected in 2025 the city will become the Mega City, and will cross the population of 80 Million people.
International airport with availability of all major destinations is an additional advantage.
Jaipur has become a Hub of domestic as well as international tourists, Handicrafts has an gained a lot of attraction.
Jaipur has also become a largest center of Gems and Jewelry. The Export of the same has actually increased the returns in market which surely increases the GDP.
SEZ has become an opportunity center for youth, with opening up of new multinational companies.
Jaipur has almost the top medical facilities along with the best of the hotels like Fortis, EHCC, SDMG, Cancer Hospital etc.
Excellent law and order situation with stable political scenario.
Low Establishment Cost.

Top Locations of Jaipur to Invest?

AJMER ROAD : THE FUTURE OF JAIPUR : First of all the area has BRTs and Metro facility which has to be fulfilled considering every sort of citizen as it is not necessary that everybody carries their own vehicle, Bus connectivity is a major solutions of commuting problems for normal public.

Customer will find all sorts of options like Villa, plots, farm houses etc.
Ajmer road has major townships by the renowned builders of Rajasthan.
The area has major connectivity with SEZ.
There are many international and convent schools for the kids.

The major advantage is that the highway connects Delhi and Bombay as there is a six lane Expressway which is again a additional advantage, moreover the area is JDA approved which surely is a major benefit because the non-approved areas never get the government facilities like water supply and electricity, however when the area is JDA approved it is always benefitted.

There will be maximum returns if you invest on Ajmer Road.

As Jaipur is destined to become a Mega City in 2025 if a customer chooses Ajmer road then it will surely give the maximum returns because of JDA approvals as well as Builders offers a varied range of townships as well as residential projects nearby or on Ajmer road. Connectivity with Delhi Mumbai increases the credibility and approach of the area indeed. Best Hotels as entrainment drivers increases the leisure factor.

Investment today should be the mantra of every individual however choosing the right realtor should be the first preference for the expert guidance, location choice off-course affects the whole scenario like budget and other formalities. Expert advice is must on every investment decision.

Stay tuned with us for updates regarding Ready to shift flats in jaipur

Property Management Uncategorized

Harmony Facility Management: The Strength of Manglam Build Developers

By admin,August 27, 2015

Company believes in philosophy of after sales service being a ‘service’ to our customers not a profit generating part of our business. Our services must enrich people’s lives. Innovation in all areas of our business is essential to attaining and sustaining leadership. Our skilled management team is our company’s most valuable resource. We make all the necessary resources available to ensure that a successful business relationship is well rooted and developed.

CRM that means customer relation management and we can only manage the customer relation when we serve them at our best. The builders who sell and disappear after selling can never succeed and the strategy as well is not considered to be the good one. However actual service starts after selling the product when customer can give the real feedback of the product on use and via that feedback as service Provider the organization can improve.

Harmony Facility Management Pvt Ltd is a great initiative of Manglam build developers wherein the services are based on after selling. Whatever the issues if any faced by the customer can be resolved on immediate basis. The overall maintenance of the project is a major responsibility of Harmony team. There is a proper channel where customer can report the glitches and get them resolved as soon as possible.

Why we need Maintenance?

Regular maintenance is essential to keep equipment, machines and the work environment safe and reliable. It helps to eliminate workplace hazards. Lack of maintenance or inadequate maintenance can lead to dangerous situations, accidents and health problems.

Regular Maintenance is required to eliminate continuous hazards and it increases the safety in all terms. Lack of maintenance can cause serious accidents. Harmony staff is improving day by day by keeping themselves updated through training on safety measures. Trainings are being conducted by the senior management staff that are already well equipped with knowledge and know about practical challenges one can face. Poor maintenance often leads customer dissatisfaction which can hamper the company image for sure.

Yet, maintenance helps to create conditions that are not uncomfortable or directly harmful to staff, other users and equipment- essential for an efficient and satisfying working / living environment. And, it will boost public image of the place resulting in appreciation of the price and uninterrupted working / living standards.

What all Service we give?

Security and Safety:

24*7 security systems along with CCTV cameras
Maintenance and up keep of fire frightening equipments.

Hygiene and Sanitation:

Sewage Treatment plan
Daily sweeping of common areas, corridors, stairs and Parking.
Cleaning of Roof top, drainage and chambers.

Water Supply:

Maintenance of water distribution network
Regular cleaning of overhead tanks
Maintenance of bore well and open well submersibles.
Drinking Water Supply through RO and Water chilling plant.

Electrical:

Testing and Maintenance of electrical ear thing pit hole.
Operation and maintenance of generators sets for common area power back up services.
Operation and maintenance of lifts ,escalators

At the end it includes of maintaining the greenery as well the proper upkeep of landscaping.

By the entire service customer get high life conditions and very hygienic environment to live in.

Stay tuned with us for updates regarding luxury flats in Jaipur.

Buying Real Estate in Jaipur

Stamp Duty and Registration Fee in Rajasthan for Updated ( FY 2023 )

By admin,August 26, 2015

Updated Stamp Duty and Registration Fee in Rajasthan for FY 2023
Registration Charge in Rajasthan:

As per Section 10 of the Act, the payment of stamp duty in Rajasthan is permissible through adhesive stamps, impressed stamps, and a franking machine. When considering the stamp duty adjustments for a property Sale Deed, the changes can be outlined as follows:

STAMP DUTY & REGISTRATION CHARGES IN RAJASTHAN (FY 2023)

Gender	Stamp Duty Charges	Registration Fees	Total Registration Charges
Male	6% + Surcharge (30% of 6%)	1%	8.80%
Female(General)	5% + Surcharge (30% of 5%)	1%	7.50%
Female (SC/ST/BPL)	4% + Surcharge (30% of 4%)	1%	6.20%
Disabled (40 – 80%)	4% + Surcharge (30% of 4%)	1%	6.20%
Disabled (Above 80%)	Remitted*	1%	1%
Transgender	Remitted*	1%	1%

* Stamp duty rebate is given on submission of the certificate of identity

Additional Charges (If applicable) –

If you paying stamp duty and registration charges in cash, you’ve to give cash handling charges – (Between Rs.100-200)
CSI Charges –
- If Property Value is Under Rs.50,000 – Rs.200 (Fixed)
- If Property Value is Above Rs.50,000 – Rs. 300 (Fixed)
The Registration amount has to be paid in cash or in DD or A/c Transfer. Apart from these charges Advocate fee is additional.

Stamp Duty and Registration Fee in Rajasthan for FY 2021
Registration Charge in Rajasthan:

Male = The Stamp Duty is 6% of Transaction Value (Cost of Unit) and Registration Fee is 1% of Transaction Value (Cost of Unit). + 1.8% Surcharge
Female = The Stamp Duty is 5.00% of Transaction Value (Cost of Unit) and Registration Charges is 1% of Transaction Value (Cost of Unit). + 1.5% Surcharge
Disabled = The Stamp Duty is applicable as per disability percentage.

Note –

- If you paying stamp duty and registration charges in cash, you’ve to give cash handling charges (100 – 200 Rs)
- CSI Charges – 300 Rs (Fixed)

The Registration amount has to be paid in cash or in DD or A/c Transfer. Apart from these charges Advocate fee is additional.

Stamp duty is the amount customer pay to the government as tax on buying any property. And registration charges are the charges which customer pay to government to register the property on his/her name. In both the cases charges vary.

Basically the stamp duty has to be paid at the time of registration of the property on his/her name. In case of plots, apartments, residential units the charges of registry and stamp duty depend upon the saleable area of the property. It also depends on the market price and DLC rate.

Registration Charge in Jaipur:

- - Male = The Stamp Duty is 6% of Transaction Value (Cost of Unit) and Registration Fee is 1% of Transaction Value (Cost of Unit). + 1.8% Surcharge
  - Female = The Stamp Duty is 5.00% of Transaction Value (Cost of Unit) and Registration Charges is 1% of Transaction Value (Cost of Unit). + 1.5% Surcharge
  - Disabled = The Stamp Duty is applicable as per disability percentage.

The Registration amount has to be paid in cash or in DD. If a person is NRI then below are the points to remember

- - Photocopy of ID(KYC Doc) is very important.
  - PAN Card Copy is must.
  - Photocopy of Possession Certificate
  - Four passport size photographs.
  - Two Witness With ID Proof

Always Remember:

To visit your property before registration and get the satisfaction from both the ends, if anything is left make sure that realtor fulfills the undone things and then one should go for registry. It is always preferred to go at the site, check the property well and then should go for registry.

What is the procedure to avail lesser charges for women?

It is mandatory that the applicant should be women, the expert’s sales representatives always there for you to help; customer should carry all the documents and can go along with the sales representative to the registrar office and complete the formalities.

Stay tuned with Manglam Group for updates regarding flats in Jaipur.

Real Estate Buying Tips

Vastu: An Important Factor while Buying a House.

By admin,August 21, 2015

Vastu is important and considered to be the preference of end users. These days considering vastu is also important because the layouts, directions are sometimes lacks vastu. The principal and main parameter is the architecture and the directions. In real estate as well the vastu is considered to be the main parameter and flats and residencies are being planned after consulting the vastu expert only. For people who believes and construct the home under guidance and as per the direction of vastu brings lot of positive energy and a general well-being for the owner.

Vastu Tips for Homes:

The most important place in the house is its entrance which should be east facing as this is known as auspicious direction.
The north direction of the house should not be blocked as this is known for prosperity.
Slop should be directed from south to north or from west to east direction.
In terms of décor: No cactus plant should be there, and hinges should not make much noise.

Specifically for Bedroom:

It should be in south west direction
Sleeping direction should always be south
Bedroom should always be clutter free and where you put your head be clean and neat.

Children room:

It should be constructed in the northwest direction of the house.
Sticking the furniture over the wall stops positive energy.
Very loud colors are not for kids room
The study table should be placed in a way that child faces the east, north or north east corner of the room. Computer should be placed at southwest corner.

Vastu Tips for kitchen:

South West or North West direction is best for kitchen.
Cooking should be done east facing.
Cross Ventilation is must.

For Bathroom:

North west is the best direction for washroom
Ventilation is must
If there is any sanitary fittings or broken tiles be it kitchen or washroom, should be repaired on immediate basis. Broken stuff is not good anywhere.
It is very important to keep the bath area and washroom very neat and clean. Dirt always attracts the negative energy.

Living Room:

North Direction is best for living room
Air Condition should be placed in the west direction or south east direction of the house.
Number of chair should always be even, no uneven furniture should be placed in house. It is not good for prosperity.
South and west corners are good for keeping furniture.

In real estate market, Vastu has become a very important factor and the bigger projects are based on the proper guidelines. Manglam Group which has the largest number of flats in Jaipur in different projects, considers vastu very important and its best of the residential project like Ananda, Aroma, The Grand Residency etc. Also, Rangoli Greens are based on Vastu guidelines which is also an add on for the customer. Who doesn’t want prosperity in house and when it readily available then why buyer should not choose the one!

Uncategorized

Choosing Jaipur is a Profitable Decision in Real Estate

By admin,August 13, 2015

Jaipur which is the capital of Rajasthan is enhancing with enormous speed, development at every corner and implementation of growth strategies is taking the city to another level. Mahindra SEZ is one of the major contributors in terms of employment opportunities. It has become an IT hub and big companies like WIPRO, Phone support, GENPACT, and Mahindra World City etc. If we talk about entertainment the city is nowhere less and fully equipped with Top brands, Malls, Movie complexes, and fun hang out places. Top builders like Manglam Build Developers, Ashiana, Vatika Infotech has taken the real estate market to a very higher level by providing high standards in infrastructural development.

If we compare the growth of location from past 10 years one can easily analyze the profits and increased value of the locations. Today is the best time to invest in real estate market as builders has developed various techniques to make the residential projects more alluring. Special amenities, concept of Luxury apartments, Penthouses, Clubhouses, give feel of living in a hotel.

Below are the major factors of rise in real estate in Jaipur

Development in Infrastructure: Jaipur is going higher in terms of infrastructure, there is expressway construction which is in pipeline, also there are many bridges which are under construction or already operational to divert the traffic and reduces the travelling time. National Expressway raising the approachability and accessibility of the city with higher speed. Investors always look for opportunities to buy flats plots in Jaipur.

Opportunities for Youth: Multinationals are already operational and keeps on hiring youth and professionals. Mahindra SEZ is full of corporate companies which give growth to people and additionally adding on to the advantage that Jaipur’s outskirts like Mahapura is also now developing because of the same, people want to live there as there are more opportunities to work. As per the analysis the increasing IT companies and other opportunities affects real estate sector in very positive way. When city becomes developed and demanding because of education and job opportunities then people automatically want to shift or desire to have accommodation or invest in commercial property in Jaipur which directly affects the real estate sector.

What is the scope of the residential projects?

Infrastructural and Commercial Development
Growth can be clearly seen via new strategies, educational and employment opportunities.
Tourism is increasing which surely attracts the NRI investors.
National Expressway
DMIC is in pipeline
Increasing the values of Handicrafts, and cloth Market in Sanganer which surely attracts the commercial investors who want to invest on these lines.
Existence of Top builders: Manglam Build Developers, Vatika Infotec, Ashiana
Residential and Commercial Projects are well equipped with top facilities by builders.
Rental Value has been increased from past years
Commercial Investments ensure profits at prime locations of Jaipur
Hospitality Sector In Jaipur is on high swing
According to industry experts there is huge IT development is expected wherein the most affected sector will be the real estate only.

Stay tuned with us for updates regarding luxury flats in Jaipur

Uncategorized

How to Survive in Commercial Real Estate Business

By admin,August 12, 2015

Amidst of various business strategies and option investing in commercial property is very different and extraordinary. It is very much different from investing in residential properties. Market is never constant in its rates and price trends sometimes to goes and touch the skies wherein everybody gets the benefits however on the contrary it goes down as well where every endeavor gets affected. Investment and Savings are never harmful be it in residential or commercial investment. NK Gupta who is a CMD of Rajasthan top real estate company Manglam Build Developers Limited says that every moment and every time is good to invest, one should never wait to invest in the market because by the time he finally decides and come on a concrete decision price already would have touched the sky. To act smart this is the right time to Invest says Gupta!

Customer always looks for the property which can give good returns in real estate business. That all depends on good and a wise decision to strike the best deal in the market. Especially to run longer in commercial real estate market below are few tips which will surely help you on deciding:

Budget is very significant: Investment plan should always based on customer budget. The prices in comparison to the residential property are altogether different in the commercial properties. Being in the budget will always help you to organize things according to your way however going out of the budget will never help in the same, it is very important to find out that the property is on lease and if it’s on the lease then what is the rental Value of the same.

Life of the Property: Every property has its life attached to it during that time one can earn the maximum profits out of it , after a certain period of time the profits becomes stagnant one only have to bear the maintenance cost of the buildings. It is very important to keep this parameter in mind that while buying the property it should give the high returns in future.

Deciding upon the location: It is one of the crucial an brainstorming decision on deciding upon the location because if you are looking for business purpose then it is very important to consider below points

Is the Location Visible and has a good credibility?
Is the location is well equipped with all the facilities?
Is the location is able to give high returns on investment?
Is the location is approachable via any mode of transport?

Right Seller: Another important aspect to look upon is to have appropriate seller or builder, there are few who are least bother about customer investment and want to consider their own profits all the time, however there are few who understand the criticality and gives a wise advise. If property is offered on a lower price than it is very important to do a full research why it has been offered on a lower price. Before proceeding in the deal customer should always satisfy himself doing a fully fledged analysis on the product in terms of returns, location and future prospects.

Stay tuned with us for updates regarding luxury flats in Jaipur.

Uncategorized

Heaven for Real Estate Envestors

By admin,August 6, 2015

The city which was considered to be the best in jewelry, designs and colorful clothes and tales are just associated with brave kings. Besides the same Jaipur was well planned city since beginning, it was considered to be one of the best in terms of architecture and planning. Nobody knew that the city will turn to be the best place to invest in later stage.

Jaipur is just 258 Kilometers from Delhi and that is why the growth in the city is developing day on day. Flats in Jaipur is very well planned city in terms of architecture and designing. Every location in the city is well developing with all the facilities. The Job opportunities, tourism, business aspects and much more are already settled its roots in the city. Rajasthan Industrial Corporation has planned IT park in Sitapur with excellent connectivity in Jaipur. Big real estate developers like Ansals, Omaxe are also planning the big townships in Jaipur city.

International Airport at par with international standards caters to tourists as well as corporate. Manglam Builders is one of the top builders in Rajasthan always want to cater the customers with top most locations in Jaipur, and international airport location is no where a far dream for them, Airport plaza which is the upcoming project of Manglam builders is already in the pipeline and just nearby the international airport.

Expected Appreciation in real estate and flats in Jaipur is a major attraction to the investors, hike on rentals, and good returns on investments will surely raise a feel of secured environment and additionally investors also has an surety of his money as the land and the city is growing faster than expected. Business aspects are flourishing in the city as it has a major connectivity with Delhi and Agra, and Jaipur is indeed one of the best in Tier II cities.

In terms of real estate integrated township, residential complexes, residential cum commercial buildings are uncountable. Builders provide the best facilities to the customers and flat systems are quite attracting to the general public. The city is no where less in terms of entertainment as well, Mall big multiplexes accompanied with luxurious cinema halls are no where less in the city. There are many options for goof hotels, restaurant and café to spend good time with family and friends.

There should be no second choice in choosing this city to invest and moreover to invest in the residential flat, as the location and city will treat you at its best. Be it the investors, NRI. Or Business aspects the city is fulfilling all the parameters to prove itself one of the best choices especially for the investors as their money is surely going to be doubled in short span. There is no particular time where one has to decide to invest in these location, time itself has its own ups and flaws however as per one rule of the Investment Guide by NK Gupta (CMD, Manglam Builders) depicts that every moment is important if somebody wants to invest in real estate. There is no point in wait for the right opportunity however every moment is precious to invest and make right choices.