Tips for Selling Your Property in The Fast Lane

Wish to sell you property in the open market? Follow these simple tips and do it with ease

In India, currently, there is more supply than the actual demand in certain segments of real estate. In such a situation, selling off your property for profit or at the amount that you have in mind, is rather difficult. The basics of making profits in the real estate industry is to purchase the property when the market is at a low and sell it when the prices have gone up, thus, making a good profit out of it. However, this market is totally unpredictable and no one can predict which way the deal will turn.

Such situations make it reasonably important that you should always have knowledge of the current market situation. It's understandable that it is not always possible to be up-to-date with information about the pricing, rules, legalities, etc., especially, if the property owner is either a working professional or an NRI who wants to sell the property for profits. Here are some tips and suggestions that will be of help while selling the property.

Finding a very good real estate agent: In India, most of them work the traditional way they charge a commission fee, payable after sale but in return, they save you time and stress by actively promoting your property and the hassle of dealing with would-be buyers. Now, to get the best real estate builder or agent, you will have to do some work and do research, ask around, check testimonials among other things, such as fees, their track record. Once you have finalized on the agent, keep a check by staying in regular contact, asking for progress reports and making sure they are getting prospective buyers in.

Property valuation: Fixing the right price for your property is crucial. You can self-assess or resort to an external source for determining it's worth. There can be various factors associated with pricing such as a viable environment, utility of the project in the future, location, infrastructure and civic amenities, other than the market situation. If all these areas are taken care of while preparing for selling the property, it will help you place your property in the right price bracket and that too, in a short span of time. Know and listen to the market: Listen to the ground realities. It's a basic rule that as a seller one must understand and follow.

Finding a prospective buyer: Advertising in newspapers, websites, or contacting professional brokers or even word-of-mouth, can help you identify/find the potential purchaser. It is equally important to check the credentials of the purchaser in terms of his background, financial capabilities and reliability.

Legalities: Communicate to the governing body; get a No Objection Certificate (NOC) and then proceed with legal documentation. Get the property registered under the provisions of the Indian Registration Act. Selling a home in a fluctuating market, requires a little extra work.

Do everything you can to get the property in excellent shape and be prepared to make some small concessions at closing. These tips, coupled with an attractive price, will increase the odds of getting your property sold.

Essential Elements in The Structure Of A Home

A home can essentially be divided into three main components the mind, body and soul. When buying your dream home go on a close inspection of all features to ensure you do not settle for anything less than perfect.

A close inspection of the house is essential to ensure that your investment is secure. The numbers that are shown on the paper should correspond with what a consumer actually sees and feels. Starting from the foundation till the roof, like a jig saw puzzle, each and every piece needs to be in place for the house to provide safety and security for many years to come. The seven essential elements in a house are-

Roof, foundation, heating/cooling, plumbing, electrical, infestation and windows


The condition of these seven factors determines the proper functioning of the house. The house can be divided into three levels-

• The mind – which corresponds to the electrical components
• Body – made up of the foundation, roof and walls
• Soul – has the three components of plumbing, windows and heating/ cooling

The Mind
The electrical panel and the box with the mains should be checked closely. There should be a circuit breaker or a main fuse in it for sure. Properties without fuse boxes are not passed by insurance companies. The wring should be of the latest and most safe standards permitted by the laws of the city council. All floors should have an independent t circuit breaker and a proper mcb panel to protect against any outage or short-circuits. If the client is not sure about the standards he should ask an licensed electrician to accompany him.

The Body
The roof and the foundation of the building should not be taken for granted at the time of inspection. If these two components have structural issues, the whole building will soon be in the midst of timelines that are blown. The important thing to check is the roof line. If missing shingles and turned up side is noticed, that implies that the property night be infested with rotten or molded wood.
The foundation should be closely inspected for stress cracks that might show in the slabs of the garage, any cracks in the walls, doors and windows. If the doors do not close or open properly, the fault might be in the foundation.

The Soul
Windows in a property serve two purposes, one they add value and second they improve the energy efficiency of the whole structure. Most home evaluators are of the opinion of evaluating a property on the condition of its windows. The heating and cooling system of a building is similar to the lungs. The energy rating and the overall efficiency of the property can be assessed on this factor. Modern structures are opting for energy efficient windows with sound proofing, that keeps the heat and sound out. Read very carefully about the energy costs to avoid being charged exorbitant rates at a later stage.

If you are looking for apartments in Chandigarh which build with the combination of these component, call us!

Real hope Blooms in Real Estate Sector

The stakeholders in the real estate sector are expecting sentiments to turnaround in the market after the BJP-led NDA posted a decisive victory in the 2014 general election. Developers and consultants say that the prices of residential and commercial properties will see an upward trend, as the investment climate has improved.

Owing to the bad sentiment prevailing in the entire economy, end users as well as investors deferred their decision to enter the market, property dealers and consultants said. The main apprehension of buyers was that the slowdown in the economy might further deepen affecting their job prospects. But the Friday election results have come with a silver lining and most of the stakeholders are now of the opinion that the economy as a whole, and the real estate sector in particular, will see a turn around. The sudden spurt in demand for the residential as well as commercial real estate would increase the activities in the sector and is likely to push prices up. “The election results will certainly improve sentiment in the real estate.

Experts say that to revive the real estate sector, the Narendra Modi government, which will be sworn in on May 26, will have to take an immediate call on amending the recently-passed Land Acquisition (Rehabilitation and Resettlement) Act 2013, which is high on demand of the industry as well as the infrastructure ministry. Developers, builders, and the respective infrastructure development ministries feel that if the real estate sector has to be revived to meet the housing demand in the country and increase the infrastructure building activities, the Land Acquisition (Rehabilitation and Resettlement) Act, 2013 must be amended.

Developers and builders say that if the current act is implemented in its present form, township projects on more than 50 acres cannot be implemented. The provision of rehabilitation and resettlement of the the landowners whose lands have been acquired should be done away with; in fact, the industry bodies argue that land acquisition by private players should be out of the ambit of the act.

The real estate sector has also been left in the lurch with reduced traction, high levels of unsold inventory, and rising cost of funds. The sector is hoping for stimuli like lower interest rates, job creation, and tax rebates to ensure sustained growth. A lower mortgage rate and incentives for home loans are going to be the key triggers in fortifying demand.

Coloring on the Apartments Wall

Your home is a symbol of your distinct personality and the wall decor gives an idea of what are your preferences, in terms of style. Home designing is about tailoring a space which reflects your uniqueness, and gives it your special touch. Nothing ruins a potentially fabulous room design like boring blank walls. Wall decor can bring many interesting elements together or add that extra little touch of oomph. There is a diverse range of wall décor for this season.

The living room is where you meet and greet guests. This is why homeowners make sure that the living room looks appealing and inviting. The decor of the walls of the living room can enhance the look of the entire space and is given prime importance during wall décor. Wall decors like collage format of photo frame arrangement, eco - friendly wall décor, three-dimensional antique wall hangings and other wall hangings like small sized plants are also used. Wooden walls and walls of stone are also being preferred by many these days as it adds a classy look to the house, and goes well with white or a dull colored setting of the house.

Framed pictures as wall hangings are preferred by many, as it provides an elevation from the wall and this always manages to catch the sight of the guests. Chose a picture collage as a wall decor for his home because this way every time he entered, he would be taken over by a set of nostalgic feelings, which brings back to memory some wonderful days of his life. Depending on the purpose, pictures which are framed vary. Abstract pieces of art are increasing in popularity within the country and contemporary pieces are fancied over the classical ones. Shades of black, white and grey are being opted for wall painting and other home decors such as rugs, mats and showpieces.

At, Savitry Greens, you will find very unique and new designing wall that will give a complete different look to every room. Basically this concept is implemented to make your life more colorful and joyful!!!

Affordable Homes in Zirakpur

With increasing scarcity of space and ever-growing real estate prices, owning a home in and the Tri-city has become a tough job. Zirakpur and other Chandigarh suburbs, however, are still offering spacious apartments at affordable costs! Find out more in what follows:

Finding a dream home in main Tri-city centers like Panchkula, Chandigarh and Mohali is no longer a hassle-free job. The major reason is numerous townships and housing projects turning up speedily in and around these areas. Any little apartment options that are available become unaffordable for homebuyers. For most builders demand inflated prices and fail to deliver what they promise! In this scenario, moving ahead towards suburbs and other nearby locations is always a better option.

Tri-city Suburbs as a Better Option 
 With Chandigarh becoming the most preferred city in North India and almost all industries booming here, people from around the country are allured to own a house here. Now when the City Beautiful is a crowded place, homebuyers are finding affordable, spacious and luxuriant homes in Zirakpur and its neighboring towns that are almost connected to it. So, you can have your own apartment in Zirakpur before real estate costs soar here too!

Why Choose a Home in Zirakpur
 It is a reality that real estate costs in most Tri-city areas, particularly Chandigarh, are higher compared to its suburbs, and this is what is bringing people to Zirakpur. Here, you can find fully furnished and spacious apartments starting from rs. 32.25 lakh, with costs slightly varying depending upon the type of property and location.

Apartments in Zirakpur – Highlights

• More cost-effective and spacious than Chandigarh
• High-class living within minimal costs
• Since there is lots of space still available there, you easily find housing projects offering specially designed properties with all your desired luxuries and amenities
• With an increased demand of properties and high competition in Zirakpur, real estate prices have gone lower than the Tri-city centers
• With Chandigarh merging quickly into Zirakpur and other neighboring locations, you get easy access to the main city center
• Most housing projects giving offer of possession soon & ready to move
• Since roads are wider, traffic is not an issue and it is always possible to reach places in time

Savitry Greens Zirakpur Reviews and Feedback

Savitry Greens is an integrated community of luxury apartments in the prime residential locale of Zirakpur. Planned for you to live a lifestyle in luxury, Savitry Greens opens the door to a world of living pleasures. A project that has seen gradual appreciation from the day of its launch. It is venture of NK Sharma Group, who is well reputed and well known builder group in Tricity.

 This group love to participate in online communities for learn and show new things like home decor, real estate consultancy and home interiors designing ideas. We use most of network to reach all kind of audience. CNN news agency is also a great source to reach the good reader from all over the world. We can get our customers response and feedback by participating in online communities. It provides the freedom to customers to put their thoughts and reviews.

 The group has completed many residential and commercial projects before it. Savitry Greens mega urban projects and most of construction work has completed. Maybe this year people will get possession of their homes. Home buyers give their good feedback on this project. They are happy to book their apartments in this modern lifestyle township.

Time For Some Financial Planning

The year end is a time for prospective home buyers to gear up and get their financial planning in place. If buying a home is one of your New Year resolutions, it's time to begin the process of acquisition now. Some basic financial planning will ensure you keep the loan cost to the minimum and acquire the property at the best price. Here are a few tips: 

Evaluate Your Investments portfolio:
Invariably, an equity investment portfolio goes through cyclical ups and downs. In the current market conditions, frequent evaluations to analyse the performance of individual stocks is a must.  A prospective home loan borrower needs to go through one to weed out nonperforming and under-performing stocks. The funds generated from exiting such stocks can be reinvested in short-term deposit schemes that yield relatively higher returns and then used to make the down payment on the property.

 Mutual fund units too can be redeemed both when the fund is not performing up to expectations and even when the trigger for exit has been reached. This strategy needs to begin now. Times when the markets rise can be opportune moments to exit from stocks and mutual funds.

Evaluate tax Benefits Claimed:
Many rush into tax-saving options in the last couple of weeks of the financial year end to make the upper limit. It is never wise to put off your tax-saving investments till the end of March. You may well end up investing in options that don't suit you just to save some income tax.

 Now, you have all the time to evaluate options before you and pick the ones that suit you the most. It will also serve you well if you plan these investments in tandem with your home purchase in terms of lock-in period etc. These investments can help you raise the funds needed to furnish your new apartment later too.

Plan for Prepayments:
With the waiving of the prepayment penalty, borrowers can bring down the interest cost with regular part prepayments. This is the right time to plan investments that generate lumpsums that can be used to make annual part prepayments. This will ensure your loan cost will be the minimum and also you will be debt-free sooner.