Monday 17 April 2017

Size No Bar Concerning Builders and Developers in Hyderabad or Builders Across India


http://www.propchill.com/projectlist/real-estate-property-in-hyderabad


Large Builders and developers in hyderabad can now participate in the building and development of a new 20,000 crore 2 BHK housing project. The project was recently greenlighted by the Telangana government. The norms concerning who can participate in the building of such projects have been relaxed to accommodate large builders and to accommodate builders who have completed projects either for the government or the private sector.  



Everything that Led Up to This  

With regards to the large two bedroom project in Telangana, before the latest announcement, only contractors who had experience related to work for the central or state government departments or who had built for the central government or state government undertakings were permitted to partake in the building of the 2 bedroom apartment project in Hyderabad.   



The Chief Minister of Telangana K Chandrasekhar Rao has given his go ahead to ease the rules and to thus allow work to be completed faster. Under the new laws, the civil construction project contractors who work in the private sector and those contractors from outside Telangana will be able to take up the two bedroom program, one that has been remarked to be the Telangana government's flagship program.    



So Which Builders are Eligible? 

Any private or licensed builder who has built a project even if only once in the past 10 years is eligible to build in the Telangana government's prestigious 2 BHK project. Even builders who have not begun work on a project yet have only bid for one with a quote that has been attested by a chartered accountant shall be considered eligible to participate in the 2 BHK housing scheme 



The reason the norms concerning the eligibility of builders have been expanded is that the Chief Minister is concerned with speeding up the construction of the 2 BHK flats in Telangana. 



What Needs to be Done 

According to the housing minister, nearly 2.7 lakh 2 BHK housing units need to be constructed in Telangana in the fiscal 2017-18. This includes housing units that will be constructed in the Greater Hyderabad Municipal Corporation (GHMC). Due to the size of the project, a large number of different builders of differing sizes have been considered suitable to take on the construction of the project. Even property in hyderabad and across the country who have built projects in the past worth 5 crore's are eligible to build the 2 BHK houses in Telengana.  



There are large New projects in hyderabad and across India who have the ability to construct all the housing necessary for an entire district and they are also eligible to participate in the construction of 2 BHK units across Telangana.   

Tuesday 4 April 2017

5 Ways to Get the Best Deals on Luxurious Projects in Hyderabad



http://www.propchill.com/projectlist/real-estate-property-in-hyderabad

With growing career opportunities in top MNCs in Hyderabad, the city has also become a residential hub. From simple affordable apartments to luxury homes, there is a huge demand for every type of residential property from varied homebuyers. Though there is ample availability of property in Hyderabad, finding a suitable home that not just fits into homebuyer’s budget but also in their requirements is a bit difficult.

So to make it easier for you, here are five simple ways. Using the tips given here, you can easily find suitable luxury apartments in Hyderabad.

Look for homes that redefine the word ‘Luxury’: For many builders in Hyderabad, a luxury project is one with just a few advanced amenities like swimming pool, gardens etc. There are only a few builders who now the true meaning of luxury and redefine it with their amazing residential projects. So look for such real estate projects in Hyderabad, which don’t look stale and old after a few years.

Look for a combination of style and solid design: Usually the homebuyers looking for luxury residential projects get carried away by the stylish structures and forget the more important aspect security. So make sure you invest your money in a complex that is blend of amazing design and solid structure. You can read specifications of the project and choose the one designed while keeping all the security features like earthquake resistance, fire safety etc. in the mind.

Buy home that can be easily sold: If you are living in Hyderabad just because of your job and investing in a luxury property for a convenient life, you should look for an apartment that can be sold easily. This is possible only when you pay attention to the area, social infrastructure and neighborhood of the property in Hyderabad.

Find the right developer: Spending time of checking records and projects of the builder can help you find the best option. When you find the right builder, you can relax about the quality of the project.

Keep check on the changing market attributes: Prices in the real estate market in Hyderabad change quickly. So keeping a close eye on the changing attributes can help you grab a great deal on real estate projects in Hyderabad.

These are a few tips to find the best luxury apartment in Hyderabad and enjoy a comfortable life. You can also take help of real estate websites in the city to locate a right property.


Post By Shrikant Sain
http://www.facebook.com/Ajay.Sain007

Friday 24 March 2017

A Reason for NRI’s to Buy Property in Bangalore




NRI’s often invest in Buy property in Bangalore not only to remain connected to their motherland but also because renting out such a property earns them additional income. Non-Resident Indian’s are among the most successful ethnic groups in the world, they are Indian yet they live and work in parts of the world where their talents and skills are better rewarded. The prowess of the Indian mind has never been in doubt and the presence of Indian’s at the helm of the largest technology companies only reinforces what many Indian already know i.e. when given a fair playing field, they will come out on top. 

Why to Not Own Property in Bangalore?
An NRI who wants to buy house in Bangalore may know someone trustworthy who could help him buy a house in the city, yet to earn rental income from the mentioned property may, in the minds of the buyer, requires a close watch on the property . This is one factor that deters NRI’s from buying property in Bangalore and properties across India since many NRI’s live thousands of miles away they do not have the time or resources to keep a vigil on their property. 

There are additional disadvantages for NRI’s to buy properties in India. Not only do they spend money to purchase a flat that will remain unoccupied for a vast majority of the time, the owners would also have to pay tax on the property in Bangalore. Hence from the mindset of the NRI’s, though the act of buying a property in Bangalore is driven by sentiment, it is an unprofitable decision. 

Help for NRI’s Buying Indian Realty
An NRI has recently started a venture that hopes to handhold others like him to not only buy property in India but to rent it out. Bangalore property is one among numerous others in India that will attract inflows of capital from abroad. The reason why many NRI’s have thus far been unsure of investing in Luxury apartments in Bangalore is simply because they do not know what the buying process from inception to completion would look like. There is also a trust deficit between NRI buyers and local sellers that deters many NRI’s from buying real estate, this trust deficit is further magnified in the case of NRI’s who have been living overseas for years and decades and do not know anyone trustworthy in India who could help them close a real estate deal. 

Conclusion
The company launched by the London-based NRI that promises to help NRI’s through the buying process from end to end could attract numerous NRI’s who had been reluctant to buy property from Top builders in Bangalore. Additionally, the plan by the Non-Resident Indian to take care of renting out such apartments in Bangalore after charging a fee also appears to be a winning proposition. 
For more: propchill.com

Contact number: 7827456456