Vastu Tips For New Home Buyers

According to our ancient beliefs, Vaastu Shastra plays a very important role in converting a new house into a perfect home. It is believed that wrong Vaastu may hamper the growth and happiness of the inhabitants of a house whereas, the correct usage of Vaastu helps us in flourishing in our lives by providing us with health, wealth, peace, and happiness. There are a number of things to be considered to make a house perfect according to Vaastu Shastra. The Vaastu Shastra provides us with ample knowledge on the placement of things in correct directions.

Let us discuss few of those essentials in Vaastu Shastra that would help in designing your perfect abode.
Staircase: Try to design the staircase of your house on the South or South-west direction. The stairs in the stair case should lead from north to south or from east to west. Always try to maintain odd numbers of stairs in a stair case as it would help you step into your house with your right foot, provided you start climbing with your right foot. This is believed to bring positive energy to your house.

Entrance: The size of the entrance door should be larger than the other doors in the house. The door should be designed in an attractive manner so that it can attract positive energy to the house. The door must open inwards rather than opening outwards as it will help in restoring good energy inside of the house. If there are steps to the entrance, the step number should be odd. You can fix good images above the entrance and you must put Swastika symbols on both the sides of the entrance.

Bedroom: The bedrooms of the house must be located on the South-west corner of the house. The ceiling of the room must be uniform as it would help in uniformity of positive energy throughout the room.
Kitchen: The kitchen should be located in the South-east corner of the building.

Drawing room: If the drawing room is designed to the North of the house, it brings better results as far as good luck is considered. The drawing room should be larger in size as compared to the other rooms of the house. The furniture in the drawing room must be rectangular or square in size.

Study room: if you have kids at home, it is better to have a separate study room as it would help them better concentrate on their studies. The rooms located in the North, East, North-east, north-west are good choices to be converted into study rooms.

Prayer room: The prayer room brings joy to your house if situated in the North-east direction of your house. If you are planning to have deities in your prayer room, make sure that the faces of the deities do not face towards South.

Store room: If you really want a store room in your house, you can take a room in the southern part of your house. Refrain yourself from storing things in diwans or box beds to avoid sleeping disorder that can happen to you as a result of the magnetic effect of these.

Bath room: The bathrooms of a house need to be in the North-east corner of a house.

As per Vaastu, there should be enough space to the North and East directions of your plot where you are planning to build your house. The plot must e square or rectangle in shape. If the plot has roads on all its four sides, it will be excellent for your growth and prosperity.

Is This Right Time To Invest In Pune ??

We must be thinking that conventional wisdom of real estate suggests that in times of slowdown, the emerging markets outperform the matured markets. The matured markets are expected to correct or crash during tough times. However, Pune has been bucking the slowdown blues and has maintained a uniform appreciation across the micro markets of the city, something that defines how resilient Pune’s property market is.

The future appreciation potential of Pune is also estimated to be among the best, compared to other cities on a pan-India basis. While there has been a decent capital appreciation in Pune in the last couple of years, even the rental yields have been witness to a healthy growth. Analysts are unanimous that Pune has outperformed most other markets over the last two years, consistently bringing satisfactory ROI to investors. They dismiss negative forecast. What makes the Pune property market a realistic one is the fact that there is sufficient demand for all types of housing in the city, and Pune’s property market is inherently rational and safe since most of the demand comes from end-users.

Ammul Goel, managing director, Pushpganga Ventures, maintains that every market experiences ups and downs, but markets like Mumbai are legendary for getting overheated. Pune, on the other hand, has been experiencing healthy growth and not speculator-driven price inflation. Thanks to better land availability and the fact that the city is still expanding outwards, Pune’s property market is kept rational by a constant influx of supply in its new real estate destinations.

“The highest demand for properties in Pune is in mid-income housing. This is beyond doubt the best segment to invest in. Generally, Pune offers steady capital appreciation, between 10-15 per cent per annum in most areas. The right places to invest in are its emerging corridors, which will see steady growth as infrastructure and connectivity improves. The right time to invest in these areas is while the entry point is still low. Soft launches by reputed developers are an excellent opportunity in this regard,” says Mr.Goel.

In last one year while the investment potential for residential properties in the financial capital of Mumbai, remained largely flat and unexciting, Pune emerged as the obvious choice. According to him, most serious property investors in Mumbai who chose residential property are now content to exit with moderate profits.

“Pune, on the other hand, showed an almost uniform appreciation of 14-16 per cent in property prices. Vacancy levels in Pune stand at between 20-22 per cent, while in Mumbai they are close to 35 per cent. As a result, investors are staying invested. Pune is one city where the residential property market has maintained its momentum even in these challenging times. In fact, Pune has been one of the best-performing residential real estate markets in the recent past. End-users and investors continue to focus on this market because of its high viability and rationality,” says Pate.

We can say that on the contrary, says that Pune is suffering from over-supply in recent times and a correction seems round the corner. He maintains that the last couple of years were not good for Pune market but there would be a spurt of growth in 2014. This city has changed its dynamics to cater to the demand issue. Now one can see some very interesting developments inside and on the outskirts of Pune, which has contributed to fresh interest in this city.

“Certainly property is going to give the best ROI in Pune market. Right now due to over-supply and sluggish demand in constructed properties, the land deals are not really happening. This phenomenon has made land extremely attractive in Pune. Good deals are available in all emerging areas of Pune. One should wait till the general elections. The inventory is in abundance and the market is not going to shoot up in the near future, but we can get some better direction if we wait till April 2014. Rental yields too, are now in line with cities like Mumbai and NCR which cannot be termed very attractive. Pune is an attractive market for land purchase in the current scenario just because great deals are available at this point of time,” says Abhay.

Moreover, there is no evidence of overheating in the Pune property market. On the whole, pricing of mid-income and even premium housing is still affordable to buyers, when compared to cities like Mumbai and Bangalore. In contrast, there is currently not a single location in the Mumbai Metropolitan Region which is performing well, both, because of exorbitant pricing and severe infrastructure deficit everywhere.

Analysts also have a word of advice for those who are indecisive about their choice to invest in the Pune property market. They suggest property should be acquired not only on macro-factors such as overall vibrancy of a market, but also at the right time and in the right place. Not all locations in Pune perform equally well in terms of capital appreciation, and some have actually reached near-saturation.

The best strategy for investors with more modest budgets, is to invest in emerging locations such as Undri, Ambegaon, Dhanori or Wagholi. For investors with a higher budget range, Baner, Aundh, Kharadi, etc., is the best bet. In all cases, capital appreciation is assured as long as one remains invested for a minimum of 4-5 years.

Source: Times Property, The Times of India, Pune

New Route For NRI Real Estate Investments

Indian real estate sector is bracing itself for a brighter year ahead as demand in realty sector recovers slowly. When the year 2013 was a forgettable year for the Indian real estate sector as a whole due to the rising inflation and high borrowing costs, the Non Resident Indians (NRIs) took the center-stage taking advantage of the devaluation of the Indian Rupee as compared to the US Dollar. This market condition has made sure that Non Resident Indians (NRIs) are now driving the market sentiments and builders are serving them keeping all their needs in mind.

Let us take a look at how the year is likely to pan out for non-resident Indian investments in the realty sector.

More concentration for Non Resident Indians (NRIs):

To balance the sluggishness in local markets, real estate developers are now concentrating more on projects for the Non Resident Indian (NRI) segment exclusively. This includes more concentration on luxury amenities and green living, aiming at Non Resident Indians (NRIs) who wish to maintain the same international standard of living.

Non Resident Indians (NRIs) bypassing lucrative traps:

One positive development in recent times has been the awareness amongst non residential Indians helping them avoid the booby trap for Non Resident Indian (NRI) centric projects. A lot of builders and realty developers have been guilty of marketing their projects as custom built for the Non Resident Indians (NRIs) in the past. Non Resident Indians (NRIs) have made a lot of sentiment driven investments in such projects only to rue the long delays. So much so that some investments even turned potentially deprecating for the investing Non Resident Indians (NRIs). The positive real estate trend for Non Resident Indians (NRIs) is the increased awareness about the manipulative marketing strategies adopted by realty developers in the past.

Tier II and Tier III cities attracting more investment:

Moving over the old cliché that most Non Resident Indians (NRIs) had, thinking foreign-earned savings would make it simple to find a luxurious home in India when they return, Non Resident Indians (NRIs) are now investing early. Most Non Resident Indians (NRIs) have moved on from investing in metropolitan cities to smaller tier II and tier III cities. Needless to say the rising demand in smaller towns has made real estate developers focus their energies on luxurious home segment in smaller towns. Non Resident Indians (NRIs) are no longer investing in properties as a back-up base when they return but also investing in real estate segment as an investment opportunity. The smaller towns and cities offer immense potential and opportunities for such investments.

Clarity of Regulations:

Although Non Resident Indians (NRIs) have a natural affinity towards their homeland, potential lack of clarity on regulations and legal issues usually act as a deterrent from bringing in higher investments. The Reserve Bank of India (RBI) on its part has streamlined various rules and regulations for Non Resident Indians (NRIs) seeking to invest in the Indian real estate sector. Non Resident Indians (NRIs) have no restrictions on the number of commercial or residential properties they can own in India with only a limit on repatriation of more than two unit sale proceeds. Mortgage of residential property no longer requires any pre-approval from Reserve Bank of India (RBI) while renting is made easy with rents allowed to be credited to Non Resident External (NRE) accounts or remitted overseas
.

Tax saving Via Home loan

As the financial year draws to a close, a lot of people feel stressed due to the final tax assessment for the year. It needs to be noted on this point that owning a home is not only a dream realization, but home loans are also wonderful tax saving instruments. Individuals having home loans are eligible for tax deductions on both the principal amount as well as on the interest paid for it. Let us take a simplistic look at the various tax deduction options one can avail while servicing a home loan.

Tax benefit on Principal Amount of Home Loan:

The principal amount paid on any home loan can be availed as tax benefits with a maximum deduction of Rs 1,00,000 under section 80C of the Income Tax Act. However, it needs to be noted that the deduction is not available for any principal amount paid on home loan for an under construction property. The maximum deduction allowed under Section 80C of the Income Tax Act is Rs 1, 00,000.

Tax Benefit on Home Loan Interest:

The amount paid as interest towards the repayment of home loan is available for tax deduction under Section 249 b of the Income Tax Act 1961. A deduction up to Rs 1,50,000 is available for interest rates.

Illustration:

Suppose Satish has a total taxable income of Rs 4, 00,000. Let us suppose he has paid Rs 1, 10,000 as the principal repayment for the home loan in the same year as well as Rs 1, 60,000 as interest. Since the total tax deduction available for Satish is Rs. 1,50,000 towards interest payable & Rs. 1,00,000 for principal repayment of the loan, Satish’s tax obligation will be reduced  to Rs. 1,50,000 ( Rs. 4,00,000 – Rs. 2,50,000 )

Comparison Chart for Tax Benefit on Home Loans:

	Section 24	Section 80 c
Tax Deduction for	Interest Amount	Principal Amount
Maximum Tax Deduction	Rs. 1,50,000 for self occupied property	Rs 1,00,000
Other Eligibility Conditions	Construction or Purchase must be completed within 3 years of Home Loan	None
Restrictions	None	Tax Deductions would reverse if property is sold before 5 years.

House Rent and HRA:

A lot of people face a dilemma over availing tax deductions on home loans and house rent allowance or HRA. If one takes a home loan but continues to live in a rented accommodation, one is entitled to both home loan deductions under section 24 and section 80c as well as HRA benefits. The only condition is that one can claim tax benefits on the home loan only if the home is ready to live in during the same financial year. Some people for job purpose live in a rented accommodation themselves, while their self owned home is rented out. In such a scenario both HRA benefits and house loan tax deduction benefits can be availed, but the rental income received is taxable.

Multiple Housing Loans and Tax Rebate:

In case you have taken multiple housing loans for two di

fferent properties, you are allowed to avail tax rebate for both, but however that maximum deduction available for the principal and interest portion is fixed at Rs. 1, 00,000 and Rs.1,50,000 lakhs respectively. Any amount payable beyond this is not subject to tax rebate.

Home Loan benefits for Under Construction Property:

For any under construction property acquired through a home loan, the total interest paid on the principal amount during the construction period can be claimed for tax benefits. The principal portion repaid before the completion of construction however is excluded for deductions under 80C of the Income Tax Act 1961.

However, tax benefits are not available for top up home loans or loan against land purchase.

Yerwada: One Of The Most Preferred Real Estate Destination In Pune

Located in the North East, Yerwada is highly preferred for renting properties. Proximity to IT hubs and advent of Grade-A office spaces is pushing housing demand here. And thus, the locality has been recording increasing rental values in the last one year. As per the data  the rental values in Yerwada, Pune have gone up by almost 20 per cent in the last one year, which is one of the highest in the city.

As per a report by Jones Lang LaSalle India, a leading Real Estate Consultancy, Yerwada is one of the most active absorbers of IT office spaces in Pune. Another report by Cushman & Wakefield suggests that the locality is expected to house a major portion of the total new Grade-A office space coming up in Pune in 2014. Presence of ample job options and the subsequent increase in these opportunities is attracting numerous home seekers to Yerwada.

Throwing light on the preference of the location amongst the temporary home seekers, Kapil Khatri of Khatri Estate says, “With time, Yerwada has developed in a systematic manner. Being surrounded by several large scale companies such as Bajaj Allianz, IBM and TCS, Yerwada is highly sought by professionals working nearby. While Kharadi and Magarpatta, the IT hubs of East Pune, fall at a convenient distance, the locality is also eyed for its well-built social infrastructure in terms of entertainment and recreational amenities, healthcare facilities and educational institutions.”

Presently, the rental values for a 1000-sq-ft 2BHK apartment in Yerwada, Pune range from Rs 16,000-20,000 per month. A year ago, a similar apartment was rented for nearly Rs 12,000-16,000 per month. The owners of the locality have not only been enjoying the overall rise in the value of their property, but also the additional monthly income coming through it. “Being close to Koregaon Park and Kalyani Nagar, Yerwada has emerged as an affordable rental option. The houses by Maharashtra Housing Board and in its adjoining societies offer a great location and also fall easy on the pockets of middle-income segment homebuyers,” says Neelima, a resident of Yerwada.

Yerwada is not only close to the most-visited workplaces, but also offers a well-built connectivity to these areas. While the Pune-Solapur Highway falls at a distance of hardly 6km, the Mumbai Highway (Ambedkar Road) is about 5km away. One can easily catch buses and autos to commute from here. For intra-city connectivity, both airport and railway station fall within a radius of 6km.

Thus, it seems quite evident, that Yerwada is not only ideal for the end users, but also offers a good scope for the investors who can aim for high rental income in future.

Want To Own A Ferrari In Just Five Years , Then Read This !!

Real estate is a lucrative field, which is precisely the reason why it is often regarded as a get-rich quick investment tool by many. But as with many other investment avenues, investing in real estate has its pros and cons. But with careful consideration, you can own your very own Ferrari in 5 years with successful investments in real estate.

You have to remember these basic tips to make a fast entry in real estate and become successful within a short duration of 5 years:

1) Educate yourself

Watch the actions of successful investors and learn from their experience. You can also pursue property investing courses to gather more knowledge. Many such courses can be pursued online and are conducted by experienced real estate professionals. This can help you make the right decisions while investing in real estate purchases.

2) Gather capital

As you know, property investment demands high capital. Use or own capital or manage it from other sources. The financial arrangement should be done such a way that a poor decision on your part won’t land you or your lender in serious financial trouble.

3) Go rehabbing

Rehabbing, also known as ‘Fixing and flipping homes,’ basically means buying a low-priced property and selling it after doing some renovation. If you are a master at renovating low-priced homes, you can make a huge profit from reselling.

4) Try wholesaling

This requires you to put a property under contract and selling the contract afterwards to a buyer, wholesaler or rehabber. The thing to consider here is that, you are not directly purchasing the property while wholesaling. You are merely putting in within contract. This can help you earn a lot of money within a very short time period, sometimes within a single week, without entering into potential risks associated with property purchases.

5) Rental properties

It is another profitable real-estate investment that requires you to buy a property and hand it over to a tenant under lease. You can be assured of a fixed monthly income from the rental fee paid by the tenant. Apart from purchasing the property, you also have to pay for the taxes, mortgage and maintenance costs involved. Naturally, you should try this type of investment only after careful consideration.

Can You Make Fast Money in Real Estate Investments?

It is often asked whether one can successfully make money in real estate within a short time. It must be stressed that the results vary from one individual to another. If you make smart decisions, gain knowledge about the current trends, work hard and do not let emotions cloud your property investment decisions, nothing can stop you from achieving success.

While it may seem difficult at first, remember that there is a reason why the real estate industry has gained much popularity in the last few years. If you wish to make a lot of money within 5 years, the real estate industry is one of the best places you can give a try to get your hands on that dream machine. After all, the biggest stock investor Warren Buffet has a great real estate portfolio to flaunt!

नारी तुझ पर संसार गर्विता

तन चंचला
मन निर्मला
व्यवहार कुशला
भाषा कोमला
सदैव समर्पिता |

नदिया सा चलना
सागर से मिलना
खुद को भुलाकर भी
अपना अस्तित्व सभलना
रौशन अस्मिता |

सृष्टि की जननी
प्रेम रूप धारिणी
शक्ति सहारिणी
सबल कार्यकारिणी
अन्नपूर्णा अर्पिता. |

मूरत ममता
प्रचंड क्षमता
प्रमाणित विधायक
सौजन्य विनायक
अखंड सहनशीलता |

आज का युग तेरा है परिणीता
नारी तुझ पर संसार गर्विता |

हमारी सारी बहनो और साहिलियों को नारी दिवस की हार्दिक शूभेच्छा

Source :http://mehhekk.wordpress.com/2008/03/08/nari/