Ideas about Indian Service Industries | Real Estate, Investment

Owning a house is a dream of every Indian. While until now, we had three major property options, i. e., apartments, independent villas, and plots. Now, gated communities or township projects are another trending option. While the concept of gated communities started from Europe and America, it has become common in India these days. Generally, gated communities comprise a mix of residential and commercial real estate, which suggests the residents get to enjoy a holistic lifestyle. There are many benefits to buying a plot in a township project. Here, we have discussed a few of them. 1. Safety at its best Safety is a prime concern for most homebuyers these days as couples remain out of the house for a considerable part of the day. Living in a gated community, they need not worry about their family and valuables at house. These societies are enclosed by towering walls from all around. Plus, there are many provisions to ensure that there is no criminal intrusion. This inclu...

Strategically located on the Delhi-Mumbai Corridor, Ajmer Road, Jaipur is one of the prime real estate investment destinations in Jaipur. Planned by the JDA, the area is growing as per International standards. Since Ajmer Road is an upcoming commercial and residential hub of Jaipur, real estate properties in the area are worth investment. In this write-up, we have shared some important reasons for which you should consider buying a plot in Ajmer Road. Affordability and zero maintenance cost As compared to the developed localities of Jaipur, plots in Ajmer Road are priced reasonably. The best thing about becoming a landowner is that you need not spend on its maintenance, security, and utility bills. Plus, you need not make any improvements to make it more valuable. Moreover, in the case of land, you need not opt for an insurance policy as it won't get affected due to any man-made or natural calamity. Excellent connectivity   The area is well connected to th...

Jaipur is growing fast to become a megacity by the end of 2025. During the last few years, the city grown by leaps and bounds, giving rise to many suburban localities. Due to its expanding IT/ITES industry, gem, jewelry, and handloom industries, the city's commercial real estate is expanding fast. Plus, as it is developing to become a smart city, many malls, supermarkets, and other commercial outlets are opening within the city. If you are looking to invest in a commercial real estate in Jaipur, then you have numerous options to pick from, such as retail buildings, warehouses, industrial buildings, office buildings, apartment buildings, and mixed-use buildings. In this write-up, we have shared some important factors for which you should consider buying commercial real estate property in Jaipur. Less volatile to market condition Commercial real estate is not like stocks and bonds. It does not show any major price depreciation in case of recession or other adverse e...

The starting of 2020 spurred the growth of the real estate sector in India. Many people came forward for investment mainly because the deductions on affordable housing were allowed on housing loans till 31st March 2020. Plus, ₹100 lac crore budget dedicated to the growth of various sectors including housing, basic amenities, energy, healthcare, and transportation instigated growth of the sector. Although the real estate market in India is currently reeling under the COVID-19 impact, experts suggest that this is a positive time for homebuyers and property investors. Actually, the real estate market today is largely a buyer's market, giving sellers less wiggle room to negotiate. In this write-up, we have shared some important reasons for which you should consider buying a real estate property in 2020. Higher supply vs. lower demand- Due to job cuts and a kind of uncertainty hovering around the market, many prospective buyers have holder their investment decision. Thi...

Jaipur, the pink city of India is growing fast to become a megacity by the end of 2025. Post-2014, the city developed a lot due to being enlisted among the 100 smart cities. Moreover, being part of the Golden Quadrilateral, the city grabbed immense real estate investments. Plus, being an IT and academic hub, the city attracted a huge number of migrants from all across the country. Due to all these reasons, Jaipur extended its wings widely, thereby giving rise to many suburban localities. If you are looking to buy a property in Jaipur for end-use or investment, then you should consider buying a plot in a suburban locality. Here are a few reasons to support this. Numerous options for end-use By buying a plot in a suburban locality of Jaipur, you can either build your dream house now or lease it to a real estate developer for the long-term. There are hundreds of other ways in which you can use this plot. For instance, you can use it as a cow stable, garbage, or marriage garden. ...

Jaipur is one of the fastest-growing tier-II cities of India that is growing to become a megacity by the end of 2025. The city has always been popular for its tourism industry. Plus, due to its proximity to Delhi, the city grew as per international standards. But since 2014, the real estate market of Jaipur witnessed a huge surge. Today, the city is emerging as a hub of IT/ITES companies. Plus, the handloom and jewelry industries are grabbing sudden growth due to international demands. All these reasons together supported the growth of the commercial real estate market. Plus, the growing job opportunities have created a huge demand for accommodation options, thereby boosting the residential real estate. Also, after becoming a part of the Golden Quadrilateral, the real estate industry in the city is expanding fast. Read on here to know about the emerging trends in Jaipur's real estate market. NRIs’ Investment: Since 2014, NRIs have been showing a huge interes...

Jaipur is one of the best cities in India for residential purposes as well as for property investment. During the last few years, the city extended its wings broadly, giving rise to many new, suburban areas. If you are looking to buy a villa in Jaipur, then it's best to invest in the newly-developed suburban localities. The residential properties in these areas are available at affordable prices because of the lower cost of plots. Also, the prices of properties in these areas are appreciating quickly. Plus, they offer good chances of reaping a high amount of passive income by renting. In this write-up, we have enlisted the best localities in Jaipur for buying a villa. 1) Ajmer Road: The area offers excellent connectivity to the top cities of India like Delhi and Mumbai via the Delhi Mumbai Industrial corridor. With its world-class social infrastructure, the well-planned locality is giving tough competition to Delhi NCR. 2) Jagatpura: This newly developed localit...

India's urban population has been rapidly increasing since the 1980s. Today, most big cities like Delhi, Mumbai, Chennai, and Kolkata have reached their point of saturation. Therefore to provide accommodation to its growing population, these cities adopted the trend for compact apartments . The concept of compact homes is slowly catching demand in tier 2 cities like Jaipur. These homes are designed on the idea of using the least area and using each square foot properly. Recognizing the potential of compact homes , real estate developers have started developing such flats for end-users and investors. Another reason behind foraying into compact homes is that they are suitable for the growing population of millennials. In this write-up, we have explored the reasons for the growing popularity of compact homes. Compact homes are affordable With increasing plot prices and cost of construction, the cost of independent homes and flats are rising continuously. Amidst t...

Marriage is the foundation stone of a family. But unfortunately, the increased rate of divorce has become a harsh reality of society. As today both partners earn and contribute towards buying a real estate property, they want to claim ownership on the property after splitting off. Well, dividing a real estate property after a divorce calls for good legal knowledge and high attention. Here are a few simple tips on dividing a joint property amicably. Instead of distributing the property now, both parties can mutually rent the property and share the rent. You can continue this process until selling the property at a higher rate in the future. One ex-spouse can rent his portion to the other partner. If the wife wants to live in the house, the rent can be adjusted against any alimony that is payable to the wife. The third option is that one partner buys the portion of the other partner by paying in cash or installments. If there is any confusion over the share of each partn...

Pradhan Mantri Awas Yojana is an initiative by the Government of India to provide affordable houses to all those who have no residential property. The scheme basically focuses on providing well-designed houses to the urban and rural poor. Apart from that, those belonging to the lower-income group and middle-income group can also avail benefits under this scheme. Launched in 2015, the scheme aims at providing affordable houses to more than 2 Crore households by 2022. Let's explore more information about the eligibility criteria for buying a flat under PMAY. 1) The applicant must not own a property in his/her name. 2) The applicant should belong to any of the following categories: EWS (Economically Weaker Section) Low Income Group(LIG) MIG I and MIG II The applicant must not have any history of receiving assistance under any other central scheme for housing. What Does the Pradhan Mantri Awas Yojana Scheme Offer? Under this scheme, the beneficiary ge...

Jaipur is one of the best cities in India that is set to become a megacity by the end of 2025. It has been enlisted among the 100 smart cities of India. In recent years, the city emerged as a center for IT companies and academic institutions. Therefore, many young couples and nuclear families are migrating to this city. If like other young parents, you dream of a perfect house for your kids, then you should consider the following factors while hunting a house. Neighborhood Although the entire city hosts a peaceful ambience, you must check the criminal record in the area before buying a flat there. Also, make sure that the area where you choose to live is self-sufficient and comprises all essential social infrastructure facilities, such as schools, hospitals, malls, and places of worship. Also, try to find an apartment in a peaceful locality; otherwise, your kids will remain disturbed due to traffic snarls. Flat's layout Whether you opt for a 2BHK or a 3 BHK flat, ...

Integrated township projects are the latest trend of Jaipur’s real estate market. Comprising a mix of residential and commercial real estate, integrated township projects are fast becoming the choice of millennials in Jaipur and other tier-2 cities. Located far away from the main city, these projects are built on a sprawling suburban plot. Buying a villa or flat in these projects is a good idea as along with a well-designed house, you will get to enjoy many add-on facilities, such as parking space, well-landscaped garden, gymnasium, medical centre and more. What else? Living in a township project, you need not step out of the campus for services of daily use. Read on here to find out the advantages of investing in an integrated township project: Value for money A villa or flat in a township project is available at an affordable price as compared to an independent house or a flat in a central locality of the city. Apart from that, it lets you enjoy all urban facilities, that t...

Finding a flat in Jaipur or any tier 2 city in India might be difficult for students and young employees. Landlords generally avoid renting out their property to a bachelor because of their stereotypical perception about them. They think that students are very careless fellows who lead an undisciplined life. So, their late-night partying attitude and their carefree lifestyle might become a reason for trouble in the future. Plus, there is a common bias about students that they remain so busy that they might not have the time to clean their house. Landlords do not want to lease out their residential property to students. If a few landlords agree upon this, they charge a higher rent. Being a student, you need not get entrapped into paying higher rent. By making a little change to the way you search a flat, you can easily find a rental property in Jaipur. Here are a few tips in this regard. 1) Know your requirements Before starting the house search, you should research th...

Finding a perfect rental flat is not a plain-sailing task as usually, we have to devote enough time in researching each option in hand. And, after putting in a lot of effort, even if we find the perfect flat, we often reject the best option because of its high rent. But before finalizing or rejecting a property, we must negotiate the rent with the landlord. Like most other businessmen, a homeowner also quotes a higher rent because he/she feels that the other party will try to negotiate it down. However, if you have never done it before, haggling for the rent can be a bit difficult. In this write-up, we have shared some useful tips for new and existing tenants. Tips to Negotiate Rent as a New Tenant When inspecting the house for the first time, you should avoid giving a satisfactory remark about the property. Instead, you should pinpoint a few drawbacks, such as the kitchen seems to be too small, there is no provision for daylight in this room and so on. But make sure ...

Jaipur, the capital of Rajasthan is emerging as a megacity. During the last decade the city expanded by multiple times, engulfing the nearby villages in its boundaries. The suburban localities of Jaipur provide high-quality plots for sale at affordable prices. As these areas have been developed by the JDA, they comprise all essential public utility services. By buying a plot in these areas, you can get high returns on investment. In fact land investment is the best among the various real estate investment options. Read here to know the benefits of plot investment in Jaipur. Hundreds of options for end-use A piece of land is like a blank canvas that can be painted as you wish. You can utilize it for building your dream house. Alternatively, you can lease out the land to a real estate builder or an individual. You may also use the land for constructing a commercial structure, such as a cow stable, marriage garden, or garage. Low investment As compared to buyin...

With an increase in income, there has been an outburst of families who have a penchant for a luxurious lifestyle. Thus, there is a greater demand for both villas and luxury flats in the real estate market of Jaipur. Well, both flats and villas provide a unique set of advantages. But as buying a home is going to be the biggest investment of your life, you should analyze the pros and cons of both villas and flats, before making a decision. Well, the ultimate decision has to be taken by you. But we think that if both a villa and a flat are available at the same price you should consider buying a villa. Here, we have explained the various reasons for the same. Return on investment  As compared to a flat, a villa can gain a higher price appreciation with time. On the other hand, the price of a flat might rise slowly for the first 20 years of its construction. But after that, its price may reach a state of stagnation or decline. The major reason behind this is the life ...

At present, there is a huge influx of students and young employees to metros and tier 2 cities like Jaipur. Living away from their hometown is not simple for young men and women, but finding a good PG accommodation is like winning a half marathon. A paying guest accommodation provides a home-like environment for students. Unlike a rented flat, a paying guest accommodation is a portion of the landlord's house, where you get many facilities like food, sanitation facility, and 24/7 security. Before moving in as a paying guest, an individual must sign a paying guest accommodation agreement with the landlord. This legal document serves as proof of your local agreement. Plus, it protects your rights at the time of any legal dispute with the landlord. Before digging deep into it let's find how a paying guest accommodation agreement is different from a rent agreement. Rent agreement vs. paying guest accommodation agreement Signing a rental agreement is compulsory in...

In recent years, Jaipur emerged as a centre of higher education, IT companies, and start-up businesses. Therefore, the city witnessed a huge influx of women employees and students from all across India. But coming to a new city and leading an independent life is not that easy, especially when you have no support system in the city. But finding a PG can provide you with a home-like environment to live. And, the best thing is you can rely on your landlord at the time of any emergency. In this write-up, we have shared some simple tips for finding a PG for women in Jaipur . Ponder over your preferences- Before searching for a PG, you should find out how much fee you will be paying for it. Also, make sure that you choose to live in a locality that is not far away from your college or workplace. Search online- Browsing the internet, you can find many real estate portals where you can find the perfect women’s PGs in Jaipur falling within your budget. Once, you have sorted...

The property market in Jaipur grew by multiple times during the past few years. After being enlisted among the hundred smart cities, there has been a sudden influx of real estate investment in the city. Plus, the implementation of RERA and the Pradhan Mantri Awas Yojana further supported this growth. At present, there is an abundance of rental properties in the city. But despite this, there is a huge variance in rental prices. This is not because of the gap in demand and supply, but many other factors are responsible here. If you feel that you are paying more rent for your property, then first you need to know what are major factors affecting rental prices. Well, the prices of properties are dependent on five major parametres i.e., location, size, layout, amenities, and interior decoration. Read on here to know some simple steps to find out whether your rental expenditure is appropriate. Research online Searching online, you can analyze many real estate websites prese...