9May

What’s Trending in the Real Estate Market This Year?

These trends are sure to change the real estate market in the year 2017 and beyond. Global capital flow into the real estate market is on the rise and will increase consistently. India is in the fourth position in developing Asia for FDI inflows as per the world investment report 2016 by United Nation’s Conference on Trade and Development, and that is the highest levels of endorsement. Indian real estate has managed to attract $32 Billion in private equity till date.

The builders and developers are likely to change their business models completely – throughout the year 2016, the number of new constructions in Thane were much lower the units sold. Almost all the states were keen to see the launch of RERA, and now all of them will surely fall in line. The RERA happens to be a landmark law and will surely enforce the much-needed transparency and accountability on the part of the builders, and the home buyers will definitely benefit from it.

Not just RERA, there are other acts and bills passed that will directly impact the Real Estate sector. For instance the Goods and services tax(GST) and the Benaami Property Act. Residential demand os expected to pick up only towards the end of 2017. All of these new reforms are certain to affect the realty business of flats in Thane west.

The sun also seems to be rising on affordable housing finally! – Affordable housing in the country is finally set to get the much-needed infrastructure status. Until the year 2019, one crore houses are to be built in rural India and this vital sphere will also witness cheaper sources of finance that include the external and commercial borrowings. The housing loans too, are being remodelled by the national housing banks which can again give a lot of boost to the real estate sector. Much before the budget 2017-18, a new credit linked subsidy scheme was announced for the middle-income group with a provision of Rs 1000 crore in 2017-18. The tenure of the loan repayment was extended from 15 to 20 years under the Pradhan Mantri Awas Yojana and the budget that was allocated under the PMAy scheme also increased from Rs 15000 crore to Rs 23000 crore for rural areas.

The affordable housing had some qualifying criteria and these to were revised to 30 square meters and 60 square meters on the carpet instead of the saleable area in the four main metros and non- metros respectively. This actually tends the size of the affordable housing market, all throughout India.

With all these changes that are almost implemented and some of which are yet to be implemented, the sale of flats in Thane west is surely geared in for a revolution like never before. Now we have just to wait and watch on the repercussions of them all.

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5Dec

How to Give Your Home a Makeover

Every individual wants to decorate their house that they can call “home”. A lot of people prefer decorating their homes based on their personality or preferences. When talking about giving your home a makeover, you have to consider a lot of things. The list goes on from choosing the right paint, the right interiors, wall hangings, décor items and so on. No matter whether you own a 2 BHK or 3 BHK flats in Thane West, you should definitely consider these simple yet amazing makeover ideas from one room to another:

Living Room

When talking about designing and decorating a home, the living room is probably the first place people tend to notice. The living room is used for end number of purposes, one being to entertain your guests. If you want to give a makeover to your living room, then you should definitely consider changing the carpets and rugs. It actually gives a whole new dimension to the room. Apart from this, you can even consider themes. However, ensure the furniture matches with the theme. Another way to enliven your living room is by having dry or fresh flowers. If you have a small living room, you should go for space saving furniture or the ones that make it look larger.


Dining Area

Another room that should not miss your attention when giving your home a makeover is dining area. You can get rid of all the clutter by having sideboard to store all the cutlery or crockery. You can also save some space by having open shelving. Apart from helping to save space, it also makes your dining area look beautiful. To beautify it, you can place a flower vase on the dining table.

Bedroom

This is one place where you get to be yourself. After a tiring day at work, what can be better than placing your bed on a soft bed and a room that is full of décor? Colour coordinated drapes work well bedrooms that have high windows. You can change the colour of the mattress according to the size of the mattress. You can choose from ethnic bed covers, quilts, and pillow covers. You can give a great effect to your bedroom by choosing a lampshade or book-shelf.

Kitchen

Your kitchen is another room where the whole family gathers for having meals, to discuss, gossip and more. You can give your kitchen the makeover it deserves by adding plate racks, cabinet and more. You can even brighten up the kitchen area by choosing right lighting solutions.

Well, these are some of the tips you can consider when planning to give a makeover to your already beautiful house. If you are planning to buy a new house through real estate companies, do keep these makeover tips and follow them to give your newly purchased house the makeover it deserves.

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