Tag Archives: Home buyers

Project Update – NH 275

 

Mysore Madikeri Economic Corridor Expressway Project Update

Project Cost – 3883 Crores (NHAI Project)

Work commencement – June 2022

Total Road length – 93 KM between Mysore to Kushalnagar

Bypasses @ Mysuru City, Bilikere, Hunsur City, Periyapatna & Kushalnagar

As a result of this project, travel time between Bangalore to Madikeri will be reduced from 7 Hours to 3.5 Hours

facebooktwittergoogle_plusredditpinterestlinkedinmail

Panic Buying of Real Estate as prices Sky Rocket!

Contrary to the expected downfall of real estate due to the pandemic, house prices have skyrocketed in 2020. The Government’s support for Businesses, like interest rate cuts, purchase tax reduction etc. have helped upsurge house purchases and increase demand. Now, people are panic-buying homes out of fear that they may run out.

To read the full article, visit here 

 

 

facebooktwittergoogle_plusredditpinterestlinkedinmail

Top 5 Home Buyers Mistakes

Buying a home takes a lot of time and preparation. Being well prepared is worth it in the long run.

While buying your dream home, you must always clarify how much it is going to costs  you to buy a home. The expenses that comes with owning a home. is first of them.  Ignoring  additional expenses of buying a home is very common mistakes a first time home buyer makes.

Relying very much on online home value estimation stuffs can be misleading and may costs you both time  and money when buying your first home.  But, just for assessment its recommended to get all the facts ready.

Some may not give much attention for the  property or home inspection  but it is one of the worst first time home buyer mistakes  of not having proper inspection  it can avoid lots of trouble and your hard earned money.

Making  changes in you purchase budget before finalizing the deals can become dangerous and can be  seen  frequently. For first time buyers , the number one reason is  awareness.

Not asking  questions on doubt,  no matter how silly your questions are  don’t feel embarrassed to ask .  If you have any question for us don’t hesitate to ask.

facebooktwittergoogle_plusredditpinterestlinkedinmail

How will home buyers benefit from RERA?

  • Home buyers who use the services of realty agents and agencies will now be protected as the Act renders brokers and agents punishable if they do not abide with the regulator’s strictures ruling.
  • It will bring transparency, better governance and accountability to the real estate transactions and processes.
  • False promises and wrong delivery of real estate property will end.
  • Home buyers can approach the authority to settle disputes with errant builders.
  • Developers will have to sell flats based on carpet area and not super built-up area.
  • 70% of the money received from buyers be deposited in an escrow account and used only for the purpose of the development of a project.
  • The unfairly falsely allotted property buyers is entitled to receive compensation under RERA.
facebooktwittergoogle_plusredditpinterestlinkedinmail