Affordable houses are the ones that are lower in costs and can be affordable by everyone. They generally cost 30% of your income. Construction in the past few years has increased tremendously which in turn has boosted the housing prices. As the cost of housing started increasing people from the low income groups and economically weaker sections could not afford to buy their dream homes. No one would like to buy a low quality house as this would be their dream home. People have a normal tendency of buying a well designed house, which are developed at reasonable rates. Now, most of the housing companies are developing durable and low cost houses as per India’s growing demand in houses.
From past two decades, the housing sector has been growing immensely and has even provided connections to the ancillary industries. IIM, Ahmedabad had conducted a research which defines the construction sector; there was an increase in investment by 10% which may boost around 3% growth in GDP. This will also help in increasing the employment opportunities which will also help in leading a quality life and a better civil life. Real estate is one of the largest sectors in India after agriculture in terms of offering employment opportunities. Housing sector is one such sector where around 33 million people get employment. This rate may increase with time. Housing system is the one which holds an impact on the growth of GDP, protection of environment, women empowerment, sustainability and inclusivity, human rights and lot many things. Real estate companies also indulge in developing affordable houses for all segments. Governments are taking some steps for endorsing the private sector through a public-private partnership mode for affordable housing projects. The stakeholders are the ones that build the affordable houses with a robust ecosystem, modern amenities and environment-friendly technologies by including the various processes. This aspect of being environment friendly technologies will enhance the effects of the affordable housing systems. As urbanization is increasing so is the demand for housing finance is growing rapidly. Land is an important aspect for building a house and the prices of this land is something which is very important. The availability of a land is one of the most important aspects. The legal regulations need to be taken care of when the land is under development. These issues are generally taken care by the national land bank for housing. Right measures need to be taken so that it does not impact anyone that is involved in it. Connect with Sairung Developers for NA plots in and around Pune and build that affordable house for yourself.
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Now-a-days you can find a lot of guidelines for buying residential plots. It cannot be easy but it’s not even difficult. If you adopt the right guidelines then you can have the right plot. This plot can be purchased as an investment or for staying on permanently.
Here are some must follow guidelines for buying residential plots: 1. Research This is one of the most important parts of buying a plot. You need to have a thorough research before buying a plot. It is like putting all your savings of a lifetime in it. So, while making this big purchase you need to know all about it. It is a very tedious task and a consuming one but is worth that effort. It is worth at seeing some customer centric reviews about the developers so that you can think about them before approaching them. 2. Knowing the builders reputation Always make sure to go to a well reputed developer who has a good market standing and credible background. A check has to be done as to he is holding the proper licenses for the work that he is doing and even has the required permissions to carry on the work that he has been doing. You should also check if the basic facilities and amenities are provided. If the reputation is good then there are fewer chances of you making the wrong investment. 3. Having a cross-check One of the most serious challenges faced by real estate is that of fake and expired listing on visiting the portals. Check the list doubly before you see on the portal with the developer offline and choose a site that will offer some verified listings. 4. Selecting the best home loan option There are a lot of options available from different banks. You cannot get a loan for a land but you can get a loan for building a home on that land. A proper comparison should be made on the interest rates, application fees, tenure, EMI amount, flexibility etc. there are different interest rates between 9.90% and 11.75% and the application fees can range from Rs. 2,500 to Rs. 10,000. For availing a home loan you should be having a good credit history. 5. Reading through the agreement Once you make any agreement whether it’s a loan or the purchase papers of your residential plot or NA plot go through each and every point very carefully. Once you are satisfied with all the terms and conditions, the agreement can be signed and the deal can be sealed. Once you are sure about everything including your finances you are good to go. You can buy the plot of your choice. It’s not an easy task to buy a residential plot but at the same time it’s not even impossible to do so. There are various tools that will help you in buying plot. Connect with Sairung Developers for residential plots as well as NA plots in and around Pune. We plan of investing in a place that we can hold a special place in the hearts of the family. This place would hold some happy memories and give a break from the busy life that all are running in everyday. This place can be called your weekend getaway. It’s like that escape from the city life. Well selecting that location is not an easy job. You need to remember a few things for selecting the best location for your weekend home. 1. The accessibility to the location The location for this place should be feasible enough for you to travel. If the distance is far then it may happen that you would not be visiting that place most of the times. So, it’s better to select a place where in you can drive by easily. Also see that there is a hospital, grocery and even a fuel station if possible. If you think that you can avail all of these then you can think over for this place. 2. Are you planning to rent it or buy it? It depends on the kind of finances you have. If you have some money to invest then you should definitely buy that weekend home for yourself. If you just want to find a temporary one then leasing out one is the best option. You should find one in close proximity. In the next few years you may find it extremely difficult to rent out a weekend home. 3. Is the decor of the house in line with your taste? With lifestyle the taste of an individual keeps on changing from time-to-time. The décor of the house can be changed as per your choice. The interior of the house should be managed in such a way that the recreational facilities should be accommodated in them so that the family can rejuvenate together. All age groups should be kept in the mind while getting the interiors done of the house. 4. The surroundings of the location Some getaways have serene beauty around and for this reason you may buy that property. If the surroundings have scenic beauty then it may help you to feel pleasant from the daily routine that you have. If you love the surrounding then buy it. You will buy this home for the entire family so keep in mind all the requirements that you have. Select the best location as you would be going there to relax and rejuvenate. Connect with Sairung Developers for buying an NA plot for your weekend getaway in and around Pune. |
AuthorSairung Developers, backed firmly by a sound financial base and trust, started its activities in 1979. Since its inception, the Sairung Group has spearheaded revolution in many areas like construction, development of gated communities and assured deliveries of developed farm and bungalow plots, NA plots, ensuring high returns year after year. Archives
December 2016
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