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Showing posts with label Flats in Rajarhat. Show all posts
Showing posts with label Flats in Rajarhat. Show all posts

Whether to Buy a New or a Second Hand Apartment in India?

Indian economy is witnessing a brighter phase especially in the matters of real estate where there is some good news for the buyers. Given the reduced home loan interest rates, the modified RERA act and increasing purchase capacity of the buyers, the realty market is reviving from the setback of the demonetisation period. However, all these amazing factors cannot be of great help if the buyer is unable to take the right decision. For example, if you cannot decide upon whether to buy a new or a second-hand apartment in India, some lucrative opportunities might be lost in the process.

Real estate experts opine that buyers do not often perform a proper research on the market and hence are susceptible to take a wrong decision. Along with this casual approach, they fall prey to the pressure tactics put by the real estate brokers and even buy second-hand properties when brand new 2 and 3 BHK flats for sale are available at great prices and located in prime areas of the metro cities like Kolkata or Mumbai.

Evaluating the Value Chain:-

Gradually, a new trend is coming in the forefront that of investing in the real estate to sell properties for higher prices. Over the last decade, the prices of real estate properties have never ever gone down. Hence, investors are putting their properties on the selling list. The industry experts observe that even when the second-hand flats are in fine conditions, they do not fall under the same value chain.

We cannot deny that every second-hand accommodation bears the influence of its previous owner. They leave a certainly indelible imprint on their personality that could never match with the buyers’. Except for the minor modifications, serious structural changes are hard to attain.



The Price Factor:-

The readers may wonder to know that they might have to shell out a bigger amount to buy a second-hand property than the base price of the ready-to-move-in abodes. The buyers have to pay the amount in tandem with each stage of completion. However, the purchase price of the second-hand properties is higher as the original acquisition cost was also higher. Here, you might be paying for the obsolete building technique methods which were often costlier than the current methods. If one is purchasing a property with the objective of selling it in future, he/she should buy a new apartment because the shelf life of a brand new property is more than that of its second-hand peer. The longevity of the new fixtures and fittings are more than the old ones.

Advanced Technology:-

Reputed real estate developers in Kolkata or for that matter any of the metro cities in India are continuously improvising their techniques. They are developing housing projects which are environmentally compliant, more energy efficient, space optimised and user-friendly. They know that if they do not upgrade their techniques, gather the latest knowledge from the world of architecture or use advanced tools, they cannot stand a chance to successfully thwart the competition offered by other builders.

Industry experts are in favour of investing in new residential properties. The sets of evidence also support this point of view. You should consider all the factors before settling for the final decision.

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Whether to Rent or Buy a Flat in Kolkata? Know before you Decide

The world of real estate has an immense potential to offer you the best benefits. However, you must know the rules of the game.

Whether to buy an apartment or rent it in Kolkata?

If you are at present looking for a real estate property to be sold in Kolkata, we are sure that this question might have crossed your mind. A first-time buyer is more likely to be intrigued by this. Overall, this is a universal query.

Do you get a satisfactory answer?

Most probably ‘no’. You will find many who would affirm their conviction that a property for rent is a fine proposition while others would favour the purchase of a property. Let us not make things more confusing and analyse the options based on relevant logics.

The benefits of renting:-


  • We would suggest that renting is the best option for the professionals or those running a business who must change locations frequently. Those leading a nomadic life should stick with this option.

  • A rented residential property demands a lesser degree of responsibility. Suppose there is a maintenance issue with the property. A tenant is not responsible to fix them as the entire maintenance duty stays with the landlord.

  • Apart from paying the rent or the damages caused to the property due to mishandling, the tenant is free from paying extra money.

  • As and when required, the tenant might move to another rented property if he/she is not satisfied with the existing property (or if there is some other issue).

The drawbacks of renting:-


  • Individual experience differs and the drawbacks of renting are heavily dependent on the comfort level that you are with your landlord. This dependence takes you to a vulnerable state. Your good and bad are dependent on the whims of your landlords. The situation may take a bad turn if there are the limited number of options in the form of rented properties in a particular region. You might not shift to a new place so easily even if you are suffering badly in the hands of your landlord.

  • Fluctuating rent amount is a major problem to affix the monthly budget.

  • Tenants and flat owners usually do not gel in together as there is always a sub-conscious psychology playing behind the mind that the tenants are not the permanent residents of the housing apartment.  

The benefits of owning an apartment in Kolkata:-

  • If you are not having a transferable job, owning your own flat is the best option in Kolkata.

  • It is true that as a tenant, one is paying a minimum amount. You must have focused on the fact that as an owner, you are paying the home loan instalments as well as the maintenance expenses of your flats in Kolkata. But, you are actually owning the property. You are not paying for a real estate investment appropriated by some third person (in this case, the landlord).

  • With growing age, an individual should become more responsible towards his/her duties. Owning an apartment makes you more responsible towards the maintenance issues of your property.

  • You feel more attached to the neighbours as you are going to stay long (probably throughout your life) here. You create a deep bonding with them.

  • You may buy apartments as end users or as investors and enlist it as a rented property. If you are getting a good rent amount, you may pay the home loan instalment and even save something.

  • Apartments are considered to be more secure than landed properties. These are also known as gated communities. Apart from the builders who install security systems around the walled housing enclaves, the owners can doubly ensure their security by installing their personal security devices.  

The new generation favours buying a property. Compared to the last decade, the number of young home buyers is more now. We can say that the trend is shifting towards buying a 2 BHK or a 3 BHK flat for sale in Kolkata. Still then, we suggest, you take the decision after making a detailed research on the subject. 

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The Features of a Green Apartment in Kolkata


Green or energy saving apartments are gaining popularity among prospective buyers. This is a growing trend in India, and Kolkata is also not an exception. New age builders are implementing some result oriented methods while building eco-friendly housing projects in Rajarhat- New Town area. In fact, the Smart cities have been planned following green building norms. Let us briefly discuss the features of green apartments in New Town area:







  • Apartment design: The designs of eco-friendly apartments encourage the use of natural resources of energy like wind, rain water and solar power. Geographical location of Kolkata is such that south-east facing apartments are most suitable for the entry of sunlight and natural wind. However, it is absurd to think that all buyers can purchase south-east facing apartments. Thus, real estate builders are introducing innovative ideas for apartment design like installing skylights and multiple windows along with verandah and terrace gardens. These methods keep the internal atmosphere naturally cool.


  • Availability of open space: Most of the housing apartments in New Town include open spaces like landscaped gardens and playing areas for children. Some even have rooftop gardens. We know that plants help keep the atmosphere naturally cool. They give shade and thus keep out the sunlight from reaching the ground thereby keeping the temperature of the ground cooler than the surrounding atmosphere. In addition, open spaces let the wind to blow freely.  


  • Garden areas: We have all read in our biology textbook that trees, plants and grasses take in carbon dioxide and reduce the green house effect. The process of transpiration also helps keep the atmosphere naturally cool. Thus, the inclusion of garden areas can keep the temperature of the surroundings below normal.

    According to the norms set by the central and state government, there should be a certain extent of greenery within and outside the housing apartments built in the Smart cities of New Town and Rajarhat. The real estate builders are following the guidelines in toto thereby offering the owners to maintain a healthy lifestyle along with reducing their carbon footprint.


  • Save energy: Green apartments help save in energy and impact your energy bill significantly. They reduce the energy consumption by incorporating methods that encourage the use of renewable energy resources. Apart from solar water heaters and solar batteries, an increased usage of CFL and LED lights can help in saving lots of energy. 

    New age builders like ‘Realtech Nirman’ are encouraging buyers to install energy saving electrical equipment in their apartments. High energy consuming equipment like Air Conditioners and refrigerators should be bought after verifying the Star Rating.  


  • Use products that are environment-friendly: Apart from building apartments following green norms, it is the onus of the buyers to keep the surroundings more eco-friendly. Thus, the state government encourages people to use paper made carry bags or recycled plastic bags. The success of green apartments depends on the combined efforts of the homeowners and the government. 

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The Influence of Social-Media on the Real Estate World of Kolkata

Social media has influenced every aspect of our life and the world of real estate is not an exception. The real estate industry of Kolkata is exploring the benefits of social-media mostly for marketing and promotional purposes. Based on the real estate statistics for the year 2016, we have prepared a list of the top picks!

  • 91% of real estate companies are using social media in one way or the other: Based on the global trend, around 91% realtors are using social-media and exploring its marketing tools.
      
  • 9% of realtors are marketing their listings via social-media: The digital marketing experts wonder to see such a low percentage given this being one of the most affordable means of promoting the real estate properties developed by the builders. They suggest that the builders who maintain their social-media profiles should run some tests and share the property listings on their personal pages.

  • 80% of home buyers search online: The new generation home buyers of Kolkata are following this global trend. They are searching online to book their flats in Kolkata.

  • 83% of home buyers watch images of real estate properties, online: The social-media is encouraging the visual culture. The buyers are taking virtual tours of apartments via quality images of real estate properties posted on popular social-media platforms. Herein, the images posted on the business pages (created on FaceBook) are producing good results.

  • 52% of prospective buyers use their iPhones to make online searches for properties: This trend points towards the fact that the home buyers are making searches online while on the run!  

The Rise of Social-Media in the World of Real Estate

With every passing day, the world of digital media is growing and it has claimed an indisputable position for itself. Every single day, billions of new users are adding with the social-media platforms like Twitter, Facebook, LinkedIn, Instagram and Google+. All these channels could be effectively used for promotional and marketing activities and to tap the prospective customers. This is a huge opportunity for the world of real estate in Kolkata. The means are simple! For example, a Kolkata real estate company can post attractive 3-D images of its housing properties on social-media along with catchy lines. Instagram could be one of the most result oriented social-media account for this purpose. Prospective buyers make searches on this platform for gathering information on trendy home designs and architectural styles. This could be one of the most affordable means of highlighting real estate properties before a vast pool of buyers.



Social-Media is Helping in the Development of Inbound Marketing

Inbound marketing has replaced the old school of outbound marketing. Rather than waiting for the customers to contact you, why not you catch their attention via some amazing social-media contents? Let them initiate a conversation with the conviction that only you could materialise their dreams into reality. Share photos, videos and blog contents on social-media to ignite their curiosity which will lead them to ultimately share their requirements with you.

The purpose of social-media has expanded to the fields of customer acquaintance, making connections with them, staying relevant to their requirements and maintaining brand awareness ultimately leading to customer acquisition. You can also use social-media platforms for customer engagement.

Some new generation builders are exploring this platform for marketing purpose. In fact, marketers see this platform as an essential element of their marketing & branding strategy. Companies like ‘Realtech Nirman Pvt. Ltd.’ has already made a vivid social media presence of their brand.


Realtech Nirman social profiles:









Social media is changing the world of branding & intelligent marketers have already started with success sail in this glory-path!

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How are Mobile Devices Helping in Residential Property Search?

A single technology that has brought the biggest change in our lives is the mobile technology. It has equipped us with the flexibility to complete a task at our convenience. In the world of real estate, mobile technology has made the property search process, easier. In addition, the technology has simplified the processes for booking mechanism, modules for the site visit, custom feeds and GPS enabled services.

The Advantages of Real Estate Property Mobile Apps:-


  • Detailed Location Information: The process of house search holds immense importance for the home buyers. Therefore, the mobile apps that offer the exact information of the geographical location of a site, proves very vital. Some even guide the buyers on how to reach the site. GPS enabled apps guide the users with exact maps so that they could easily reach the site where the ongoing housing projects are located. 

  • Close Proximity to the User: Mobile apps help to keep a strong communication between the buyer and the builder house. While on run, one can place the query form before the company. Over the online chat service, the company representative and the buyer can discuss the financial details. As all the communication takes place over the internet, this medium is also cost-effective. 

  • Offers Updated Information: The value of updated information regarding a real estate property is very high. The mobile apps help the home buyers to get all requisite information regarding the real estate property. For an example, one can take a look at the gallery of images to pick the best apartment design.

  • Enhanced Productivity: One of the primary aims of creating a real estate mobile app is to increase the productivity of company’s ad campaign. Some apps offer a realistic view of the property. Some are more user-friendly than others. Both the features actually offer a thrust to the ad campaign run by the company. Better the app features, more people will enquire about the apartment projects thereby raising the chances of business.


A leading real estate company in Kolkata, the 'Realtech Nirman Pvt. Ltd.' has also launched its mobile app. It will help you search for your dream apartment in Kolkata's Rajarhat and New Town area.

Mobile Device Usage in Residential Property Searching


Features of Realtech Mobile App:

  • Information about upcoming housing projects: You might be one of the many satisfied homeowners of our completed projects! Hence, some of your friends might want to book an apartment with Realtech Nirman. You can suggest them to look into the list of upcoming housing projects in our company app. 

  • Information on latest events and news: After installing the Realtech Nirman app, you can easily get hold of the news and events related to the housing projects built under our banner.

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Great News For The Buyers Of Affordable Housing In 2017

Of late, the government is undertaking corrective initiatives to promote the agenda of ‘ Housing for All by 2022’. Over the last few years, the price ranges of flats in Kolkata, New Delhi, the NCR region, Pune, Mumbai, Bengaluru and Chennai were out of the reach of the medium-income buyers. After the declaration of the Union Budget 2017-2018, there is a renewed effort to take up the cause of affordable housing for all. However, the stage for this was set long before the proclamation of Union Budget. Some eminent real estate builders were already developing affordable housing projects in the metropolitan and tier-II cities.

More and more affordable housing projects:-  The current economic phase that India is going through restricts the buyers to be experimental with their budget. The real estate industry experts opine that developers should focus on affordable housing projects rather than be experimental with luxury apartments. The top real estate builders in Kolkata, Delhi and NCR regions have ventured into the affordable housing industry.

The good news is that the buyers are getting more choices to select their desired apartments. To make the housing projects more attractive, the developers are incorporating modern amenities with them. Gone are the days when the only concern would be the quality of the housing projects. Keeping pace with the green norms, the housing projects include landscaped garden areas and water bodies.




Many housing projects are partially self-reliant like those that include the gyms, club houses, swimming pools, spaces for nature walk and children’s playing arena. Such projects were built in the past too. The new thing is that these housing projects are developed keeping in mind the budget limits of the middle-income buyers.
   
Easy funding:- The new year has brought back the smile on the faces of the home loan borrowers. Big banking institutes like the SBI has cut-off its home loan rate, sharply. Recently, SBI has reduced its MCLR or the Marginal Costs of Funds Based Lending Rates. The economic experts give credit to demonetisation for which the deposits got more money. This had compelled the bankers to slash down the lending and deposit rates.
      
Flexible FDI norms:- The closing down of the FIPB and e-processing of the FDI applications are the precursor to future reforms of the policy. In future, greater FDI funds into the sector of the real estate would promote more affordable housing projects.

The prospective buyers of real estate in India who belong to the middle-income group have now held the position of power to put their demands in the forefront. The real estate developers are leaving no chance to woo them. The condition is  favourable for the buyers and more opportunities are there to be explored.

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The World of Real Estate is Getting Cooler in Kolkata

The world of real estate was never this cooler and the Indian buyers are leaving no chance to explore it. The emergence of real estate online portals has made the process of house hunting much easier. Search for flats in Kolkata at these online property portals and select your desired one with just a ‘click’. It is that easy! Going by the trend, a real estate company in Kolkata namely the ‘Realtech Nirman Pvt. Ltd.’ has launched its own mobile app. Such trends are emerging keeping in mind the user requirements. A busy life calls for shortcut methods.

Here are a few of the changing trends that are making the real estate industry cooler in Kolkata:

1. Personalised services:- The young breed of home buyers are very much tech savvy. The computer programming experts are developing mobile apps that cater to the personal requirements of the buyers. 

The banking institutes are modifying its working style. The institutes understand that if they work at their own pace, they would not survive the jet-speed digital world. Be it the KYC completion formalities or services related with accounts, digitisation is helping people to complete their loan formalities easily. The banks are making efforts to survive in this digital revolution by placing technology at the forefront.

2. The technically evolving real estate customers:- The customers are getting more tech-savvy. They do not have the time to physically go and search for their desired real estate properties. They mostly prefer an online platform that is easy to use and is flexible.


Many online real estate platforms present the information related to home loans. Such information act as added bonanza for the prospective buyers. More and more platforms are reducing the time for the closure of the transaction. This is making them faster.       







3. Smart tools:- The smart tools are enabled by some of the online real estate platforms. Such tools enable the search, shortlisting and completion of the booking process. When you visit the offices of some top real estate builders in Kolkata, you get the opportunity to look into the state-of-the-art virtual devices. These hi-tech devices let you take a closer look of the apartments. You will feel as if you were visiting the sites physically.

4. Implementation of AR technology:- Get the power of directing a camera in a certain direction to receive the actual sense of the property. This feature is enabled through the AR (Augmented Reality) technology. Some prominent online property portals have added this feature with their site/ mobile app. 

The prospective buyers of real estate properties in Kolkata have never before got the help of such a huge variety of technically advanced tools. They are exploiting the tools to complete the best deals. After all, the matter of buying a residential real estate property is one of the most serious decisions and the smart tools are simplifying the process.

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Major Factors that has increased demand for 2 & 3 BHK Flats in Kolkata

Kolkata and its people

Kolkata, the capital of West Bengal, known as the ‘City of Joy’, is certainly an amazing city to live in. The history of this third largest metropolitan city will take you back in time. The old world charm of Kolkata has made it one of the outstanding cities in India. Gradually, Kolkata has emerged as a hub of commercial and financial transactions in the eastern region of India. Moreover, the city beckons those who love to soak in its cultural diversity. Being a very rich city in terms of arts, architectural interests and literature, Kolkata highly entices the foreigners. Despite the space crunch here, high-rises are frequently developing throughout the metropolitan city.

Let’s take a look at the major reasons behind the increasing demand of real estate properties and 2 & 3 BHK Flats for Sale In Kolkata.

Affordability

Undoubtedly, Kolkata offers you several options for investing in real estate property within an affordable range while providing healthy returns. When the property prices are randomly increasing in other metro cities, flats in Kolkata are still pretty much affordable for the middle-income people.

Realtech Nirman has earmarked most of their plots in Rajarhat for constructing new flats. They will help you find the best apartments in the city at a beautiful location, away from the humdrum of daily life. They have planned their housing ventures strategically amidst the gardens and green foliage so that you can enjoy fresh air. Be it schools, universities, offices, hospitals or marketplaces, avail all the facilities at your fingertips without breaking your bank.



Comfortable & luxurious lifestyle

It’s everyone’s dream to live in luxury. In fact, the rising demand for investment in residential housing projects in Kolkata shows that people are willing to invest money in luxurious complexes. The x-factors of all the apartments of Realtech Nirman are the modern amenities including community hall, gymnasium, children play area, fire protection management, power back up, visitor car park, and so on that make your life more comfortable.

Safe neighborhood

With crime rate on the rise, a safe neighborhood is always one of the major concerns while you are investing in residential projects. Neighbors can keep an eye on your residence in your absence; but always depending on them is not at all appreciated. That’s why all the flats in Kolkata by Realtech Nirman are protected with 24X7 security guards and CCTV cameras. So, even if you are away from your place, the safety of your apartment is ensured.

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