Investing in a rental property seems like a really good idea. After all, who does not like keeping a source of income by the side. However, like all other investments it is important to be careful to get the best out of a rental property.
Here are some things that can help you get the best investment value out of your rental property.
- Seal It Properly
It is important to seal your property well. After all you would not want the home to be plagued with extra elements like dusts and pests entering the home. You should replace or repair and refinish the windows. Make sure that the house has a very firm yet pretty front doors, which keeps the home secure and is also very study and safe.
- Maintain Cleanliness
A property which you have not used for some time can actually look rundown and will definitely not attract any tenants. So, always keep the property clean. Get the pest control done and soon you will see that the home will feel brand new. This will attract the best of tenants and the highest of rents.
- Get A Fresh Coat Of Paint Regularly
Remember people happily pay for the things that they can see. This means that they will happily pay for a property that looks fresh. So you have to make sure that your property is painted regularly to ensure that the property looks good and gives a good vibe.
Using these tips will help you get the best tenants and the highest rentals.
But, why is it so?
Let us look at some factors.
First and foremost, it has always been seen that the real estate investors have had more opportunities to earn more wealth as compared to other investors. Ups and downs may happen but that happens in all sorts of businesses.
With Real Estate, investors always have a chance to use some intelligent strategies so that they can see some immediate gains as well as maintain a long-term income through returns and rental incomes.
Also, people prefer planning for a constant income through real estate by investing in making a solid purchase. The smart investors often purchase some plot or property at a place on low price as that is still under developed and is not considered a prime location. They then exercise patient for some time, till the time the location gains some importance and then sells the property off at a comparatively higher price. Therefore, it makes them a considerable amount of profit.
Many people believe that making a real estate investment is the least risky. This is especially true, if you make the investment with a good developer.
At The Antriksh Group, we offer you some really good investment opportunities. So, if you are looking forward to make a real estate investment, look no further.
The real estate industry has unfortunately always been plagued by accusations of non-transparency. However, with the introduction of RERA, a new era has been ushered in and now transparency has become an integral part of every project.
RERA as an initiative is taking up various grudges and address important issues like delays in projects, unfair pricing, quality of construction, title among other things. In fact, the biggest issue faced by buyers is the delays in projects. With RERA coming into effect, the transparency has also come into play and the buyers will be sure that there won’t be any infinite delays.
With RERA coming into effect, buyers have more clarity. The developers are required to keep the buyers informed about everything, including their other ongoing projects too. It also requires the real estate developer to maintain a separate escrow account for each of the announced projects. This escrow account has to hold 70 per cent of the money taken from the buyers and investors and buyers. This money in turn is only to be used for the construction of the project and buying the land.
RERA asks the builders to submit the original approved plans for all their ongoing projects, along with all the alterations that are done later on.
Coming to the quality of construction, any issue regarding the same as highlighted by buyers, has to be rectified by the developer as soon as possible.
If the developer is not able to deliver according to the agreed deadline, they are required to return the entire money to the buyers and in case the buyer still wants the property; the developer will have to pay monthly interest till the time the delivery is made.
RERA is truly a boon for the buyers and a wake-up call for the entire industry.
With The Antriksh Group’s RERA approved projects, you are sure to experience complete transparency. Because, for us the customer’s satisfaction is of the utmost importance.
Often, when you go ahead to invest in a real estate project, all you are looking forward to is the very obvious things; like the developer’s name and reputation, the pricing and the location. However, one very important thing that you need to focus on is the customer service that the developers offer.
It should be the primary driving force behind your decisions.
So now what do we mean by customer service. Well, in an ideal situation the perfect customer service refers to the treatment given by the developer to every single buyer.
At the first meeting itself, you should be given a treatment akin to someone, who has already made the purchase. The sales person should offer you all the right info in a completely transparent manner. He or she should answer all your questions, without holding back any information.
Secondly, once you have paid up the real test of the customer service starts. You have to be kept in the loop, regarding the development in the projects. Often in such cases the dodgy developers and their non-reliable teams start to avoid the customers.
Always ask for everything you need and judge the developer on that criteria. Do some research with the past customers to know their experience. All the arrangements and offers in the world can’t make up for the lack of a good customer service.
It is your basic right to be treated well and you should never take it lightly. As a customer you are supposed to be given the prime importance, without any excuses.
At The Antriksh Group, we work closely with our customers to keep them completely satisfied; the perfect way. For us a smiling customer is the biggest achievement.
These days when you go around looking for a home, you are bound to come across a lot of developers and a range of projects. In such a scenario it is extremely important to make an informed decision. The key to finding a good property is to first find the right developer. The fact of the matter is that finding the right developer is half the battle won. Now, when the question is how to find the right developer, here are certain important aspects to look out for:
The first and the most important is to find out how many projects have been delivered by a particular developer in the past. Once the number of projects is clear, try to find out about the quality of those projects and how satisfied have the earlier customers been with the said developer and its projects.
The particle developer has to be really good when it comes to construction. This covers both the quality of the construction and the time that the developer usually takes to construct a project. Since, buying a home is an important decision, one should properly ensure that the construction quality is up to the mark.
Also check how credible is the developer considered to be in the market. Check out its reputation in the market and the respect that the name commands among the customers.
This is really important as most of the times the customers are treated fantastically right before they pay for a project. However, the real behavior comes into the light, afterwards. It is very important to find a developer that ensures good after sales service.
Keep all these points in mind and you are sure to find the right developer and in turn the right home for yourself.
At The Antriksh Group, you will find all these qualities in place. With us, you get the absolute best in the best manner possible.
The L-Zone is fast emerging as a favorite among investors; but you should know, why is it so popular these days. Here are some reasons that will motivate you to make an investment in L-Zone.
1.) Homes for every budget – At L-Zone, you get to own a dream home at much lower prices as compared to Noida or Gurgaon. The best part is that your home is backed by a truly superior infrastructure and public utilities.
2.) Truly amazing lifestyle facilities – All modern facilities like shopping malls, sports complex, stadiums, luxury hotels and many other things await you here. This means that you will not have to travel far off for anything at all.
3. World-Class health care facilities – A large number of hospitals are in the vicinity; Asia’s biggest Ayurvedic Hospital is already functional. L-Zone will also be home to an upcoming AIIMS.
4. Impeccable educational facilities – L-Zone is close to Indrapastha University and the Dwarka Institutional Area with various upcoming schools and colleges. oe cn be assured of the best education for the kids, without any hassles.
5. Location advantages: – L-Zone is strategically located close to IGI Airport, Palam Vihar and Gurgaon. It will also be connected to other parts of Delhi, Haryana, Punjab, UP & Rajasthan. traveling to all important landmarks is very easy. Every important destination is at a driving distance.
6. Safety & security – The various upcoming projects boast of three tier security and round the clock electronic surveillance. This means that you do not have to worry about your family’s safety at all.
Theses reasons are enough to make you understand how investing in L-Zone is truly beneficial.
Here is a cursory look at some of the popular types of home loans. It is just an introduction and is not a definitive guide.
- Land Purchase Loans
Land purchase loans are meant to help the applicant buy a plot of land, on which the applicant can then construct his house. Usually, the banks offer up to 85 percent of the original price of the land. These loans are provided to the applicants, both for residential and investment purposes. These loans are provided by many leading banks and can be availed easily.
- Home Purchase Loans
These are the most commonly available, hence the most popular home loan variants. These loans are provided to the applicant to help him or her buy a new residential property or an old house, from its previous owners. Usually, in this type of loan the finance provided is up to 85 percent of the market value of the respective house.
Such loans are usually offered on fixed interest rates or on the floating interest rates. Sometimes they are also offered as hybrid loans.
This type of loan is also provided by all the banking institutions and housing finance companies.
- Home Construction Loans
These loans are offered to those individuals who want to construct a house, rather than buying an already existing one.
The process of loan application and its approval is different for these types of loans as opposed to the commonly available housing loans.
One condition is the plot of land on which the house is to be constructed should have been bought within a year of the application, for the cost of the land to be included for the purpose of calculating the total price of the house. If the plot has been purchased more than a year ago, this clause is not applicable.
In this type of loan, the total amount is disbursed at one go or is done in several installments, depending on the stages of construction.
In today’s times when all you need is just a click away, we have started losing human contact. This will eventually lead to isolation; hence it is very important for all of us to form a good neighborhood, where everyone can lead a happy, connected life.
As they say, charity begins at home; why don’t you start the process of being a good neighbor first.
Here are some tips:
- Be Familiar
The first and the most important thing to do is to be familiar with your neighbors first. Ensure that you know their names and inform them of yours too. Then start with a friendly wave and even initiate a conversation.
- Be Helpful
In a community, it is our duty to look out for others. Always, be there for your neighbors. If they need something or require any assistance; do not hesitate. Don’t ask what they have done for you, but think what you can do, for them instead.
- Be Sharing
It is important to share happiness with others. Start by sharing any treats, like cookies, sweets or any other home cooked things. Simply, knock on your neighbors’ door and start sharing the happiness. This thoughtful gesture speaks volumes and is extremely compassionate.
- Plan Community Events
Nobody likes to be left alone. Make efforts to include other people in your plans for the summer evenings and winter afternoons. They will make a big impact on forming a good, happy community.
So the next time you are going out to take a walk in the neighborhood or take time to, water your plants; also make an effort to share a smile and get involved with people around you. Take the first step towards forming a prosperous, cheerful community.