The year 2017 has completed its journey with a plethora of memories and milestones to cherish. The Real Estate sector too had its share of a journey which saw many new invaders and regulators that managed to cast a spell over this industry. The various government initiatives that include (Goods and Service Tax) GST, (Real Estate Regulation Act ) RERA and not to forget the demonetization regulations have had a huge impact on this industry. Initially, these policies brought the sector to a standstill, which is now coming back to the track and this time with a much greater impact.
Talking about the Real Estate Regulatory Act, this has been one of the important milestones that brought about a huge shift in the buying and selling of Real Estate property. Starting from bringing in a level of transparency to completing the projects on a timely basis, this Act is sure to seep in consumer confidence, strengthening the Real Estate market. More and more buyers will come forward to invest in property, especially in the residential domain. Gone are the days where the consumer's concerns were limited only to the prices of the property. Parking places, elegant spaces for relaxing, stores, etc. are some of the additional factors that are coining the demands of the present consumers. These new demand criteria have forced the developers to reshape their business models. Along with this, the RERA act has also compelled them to bring in business models that manage to win the consumer’s confidence. To add to the consumer’s convenience, digitization has made buying and selling of property secure and confident. The Real Estate is considered to be the first sector that wholeheartedly welcomed digitization to its abode. This has made way for many new property ventures, popping up on the online world, encouraging the consumers to invest in smart property solutions online. Affordable housing segments are yet another important trend that is deemed to gain momentum in the upcoming year. The rural India is expected to see more than 1 crore houses for sale by the year 2019. The urban India too will witness the sale of new and second-hand houses on a higher demand. The increase in a number of houses will be backed by moderate financial sources. The land prices are also expected to step down due to limited availability of cash with higher denomination; as a result of demonetization. This, in turn, favors the consumers as they will have a wide range of options to choose from. Looking at the above-mentioned points it can be concluded that the consumers are going to rule the Real Estate markets in the following year. There would be no harm in stating that the Real Estate market had a significant past and is deemed to have an alluring future where the scales are all pointing in favor of the consumers. eValue Bricks is a digital marketplace where a buyer can lay their hands on some of the best smart property solutions online. It diligently facilitates professional handholding to both – the buyer as well as the seller, which is certainly required before shelling out your hard-earned money. Since buying a property has emotional values attached to it, we ensure a fair, transparent and economically justifiable deal. We do not believe in “free meals” and therefore the quality of offerings is excellent as it comes at a cost. Become a smart member and register yourself at www.evaluebricks.com - a brand owned by Distress Bricks Pvt. Ltd and get yourself assisted for Real Estate investment.
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'There is nothing more important than a good, safe, secure home'. Everyone loves to own a house that is deemed to be their own. Purchasing a house is a one-time decision that needs to be well guarded so that you do not end up regreting your choice. The budget factor, locality, quality of the house and many such benchmarks needs to be crossed before arriving at the final decision. Let me spell out the various things that a house hunter should keep in mind before he settles down with his choice. 1. Take your time: Do not haste your decision just because you feel that you are consuming too much of your time in house hunting. It is a one-time decision that involves a huge chunk of money to be invested. Moreover, you might come across owners or builders who triumphantly articulate the phrase - 'This is the best deal ever and you won't come across such deals in the near future'. These episodes should never be the basis of your decision. It is always advisable to take your time and be patient enough before you arrive at your decision. 2. Compare before you buy: It is always commendable to compare the prices as there might be chances that you could be missing out on a choice that is far more feasible. You could make use of the online platform to make the comparisons without having to put in all your time and energy in visiting brokers and house agents. There are many online websites where you can compare prices easily with eValue Bricks being one among them. It is regarded as one of the most promising upcoming online platform that allows trading in the real estate sector with much ease and tranquility. 3. Make repeated visits: Always make sure that you visit the property at different times of the day. There might be chances that the daytime view would be different as compared to the night view. This will ensure that you do not regret your decisions in the future. 4. The art of negotiating: There is no harm in negotiating the prices. Make a thorough study of the market trends that are prevailing, so that you are fully aware before you pitch in. The real estate owners are more than willing to sell-off their houses and hence they would barge in with all possible tactics to get their properties sold. You can hire an agent to do the negotiations for you if you do not feel comfortable negotiating with the builder. 5. Look for each and every nuances: Go step by step, even if it means to go slow. Check for any defects in the walls or the making of the house. You can even go ahead and hire a 'Vastu Shastra' expert who will guide you through your choices. Look for the quality of paints, the use of bathroom accessories, the quality of wood used in furnishing and many such attributes so that you do not end up spending a quarter of your money in fixing them at a later stage. 6.The basic amenities: There are properties that are backed by basic amenities that constitute the clubhouse, swimming pools, garden and much more. All these factors add value to your house if you plan to sell them at a later stage. If you are satisfied with the basic necessities then paying for these might not work in your favor. So, know what you are looking for and accordingly make a choice. 7. Know thy neighbors: Take your time to know who your neighbors are and what reputation they have in the society. When you are surrounded by good people you will have a good time spending your life in the house that you took so long to achieve. How good the locality is, should play a significant role in buying a house. 8. The budget factor: Always keep your budget in mind before you step ahead with your choice. If you go for a really expensive house, without considering the monetary commitments then you might have to face the wrath of a financial crunch at a later stage. Your choice should never depend on how much loans you are capable of getting, rather it should depend on the capacity that you possess to repay the amount. 9. The resale value: Will the house fetch a good amount or will it be less tempting to the buyers? A question that needs to be given a thought as we are aware of the fact that the future is uncertain. There might arise a situation where you are required to move to a new place forcing you to sell your house. Here is where you need to consider the value of your house a few years down the lane. It is good to go for those houses that fetch a good resale value. 10. 'Home is where the heart is': A feeling that never nears to being deceptive. Buying a house should not only include the practical aspects but also the emotional aspects as you would choosing a house where you can create and live with those memories. If you are not satisfied with the anything – be it the price or the place or the neighbors or the locality, it is always advisable to walk away with modesty. Final Note : 'A house is made of bricks and beams, a home is made of hopes and dreams' – These quotes very well signifies the caliber of a house that manages to rack in the right amount of audience with true vigor and valor. Always do a double check before you finalize the property that you are willing to invest in. The online websites are one of the promising mediums that makes buying as well as selling of properties comparitively less complicated. eValue Bricks is here to make your search for a good house end with satisfaction. It is the first digital platform that encourages a smooth buying and selling of property online. |
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