Wednesday, 10 April 2019

Dos and don’ts for buying a property to earn rental income



April 2019

An investor, who is looking to buy a property and lease it out, should approach the process with a lot of forethought, to get optimal returns and avoid a serious financial setback from a wrongly-chosen property. Here’s what you should consider, when looking for an income-generating property

From the initial choice, to finalising the purchase of your first rental property as an investment, there’s plenty of planning and work involved. You should begin hunting for your rental investment property with an unbiased approach, to the areas and all of the properties in your investing range.

Properties in Thane for second income
Credits : freepik.com

Let us have a look at the foremost things that you need to consider, when trying to find the best rental property.



Area

The quality of the location in which you purchase a rental property, will determine the kind of renters you will find and how frequently you may face vacancies. For instance, in case you purchase the home in an area near a university, the odds are that your pool of expected renters will largely consist of students. You may be faced with frequent vacancies, during the time when students return home for the holidays. Also, there would be a higher churn of tenants, when, ideally you should look for long-term leases.

Examine the location and the project, for existing and planned public parks, shopping malls, gymnasiums, cineplexes, public transportation and all the other factors that would conceivably entice tenants. You can use developers’ project brochures and also do online research, to determine the availability of such facilities in a neighbourhood.

You also need to know what new developments are coming up and what has been zoned for special purposes by the local municipality. Ideally, you should look for a region with excellent growth prospects, where schools, business parks, shopping malls and entertainment zones are either already in place or planned.

Simultaneously, be wary of any new developments that could reduce the value of the surrounding properties, such as by causing the loss of green open spaces or public parking facilities.

Property taxes

Property taxes aren’t standard across the board and as an investor intending to earn money from rent, you should know about how much you will have to shell out, as taxes.

High property taxes are obviously justified in very good areas, which are superlatively connected. Such areas also usually attract long-term renters. Locations in upcoming growth corridors should be preferred.

Educational institutes

Your tenants may be a family with kids, or intending to have kids, who would prefer areas which are near to one or more good schools. The presence of quality schools in the area you invest in, will positively impact the worth of your investment. Remember, the total worth of your rental property comes into play, when you finally sell it, even though you’ll be mainly concerned with earning monthly rentals in the interim.

Job market

Areas with growing employment opportunities have a tendency to draw more people – meaning more renters. Obviously, the most desirable situation for you, would be to own a rental property near to or well-connected to an established or rapidly-growing workplace hub, with reputable companies active and generating jobs there.

Project quality

Today, rental home seekers prefer projects, which add value to their lifestyle. Good projects with the best lifestyle deliverables, may be out of their purchasing reach, but they expect to get such facilities in a rental home. Projects with amenities like gardens, children’s play area, sitting area for elders, reliable security and professionally managed maintenance, are always preferred by families hunting for rental flats. The ambience inside the complex is very important to them.

Rental amount

You should be aware of what the typical rent in the region is. Make sure you find out enough about the region, to judge where it is headed in the following five years. Property taxes may rise and even if you can afford them now, significant developments in the area which increase property taxes, may make them less affordable.

Single-family homes often bring renters looking for long-term leases. A dual-income family is preferable over single professionals, as they are likely to pay their rent on time and to be fiscally stable. Hence, as a landlord, look for areas, where it is easy to find such tenants and where such properties are available.

When you’ve narrowed down the right location, look for a property that can potentially yield steady and growing rental income, as well as appreciation on the capital value of the home. Consider properties which are within your budget and slightly above it, as well. The slightly costlier options can be paid for by some bank leveraging and developers may be open to negotiating the price.

Also, remember that a property can become even more desirable, with some modifications and cosmetic changes, which will attract tenants who are willing to pay higher rents. Such changes to the property will also serve the purpose of increasing the sale value of the home, in case you want to put it on the market after some years of good rental income.

Every state and every city has areas, which have suitable and excellent properties when it comes to rental potential. In Pune, areas like Undri, Kothrud and Ambegaon, are excellent locations for rental properties, because of the consistently high demand. In Mumbai, the more cost-effective locations in Navi Mumbai, such as Koparkhairane, Airoli and Ulwe, are very good options, although property prices are naturally higher there.

Do your research well and ensure that you have your finances in place, if and when a very good option comes up. Remember, real estate investing does not begin with purchasing a rental property – it starts with creating the finances where you can purchase a rental property.






TO KNOW MORE ABOUT PROPERTIES IN THANE FOR SECOND INCOME VISIT REAL ESTATE THANE CREDAI MCHI THANE UNIT


Friday, 5 April 2019

9 natural DIY tips to cool your home this summer

mchithane.org

April 2019

Electricity-guzzling air-conditioners and coolers, are not the only ways to beat the summer heat. Try these natural, do-it-yourself tricks instead

“ACs and coolers are fine, but nothing evokes my memories of childhood summers like a ‘khus ki tatti’,” says Gurugram-based businessman, Avinash Arora. Confused? Arora spent his summer vacations in a little town named Tundla in UP. North Indian summers are infamous for their intense heat, which can even prove fatal. Very few things can help you survive such weather and a ‘khus ki tatti’ is one of them, the businessman maintains.

A ‘khus ki tatti’ is a wholly natural blind/ curtain mat that is made of reeds and special grass, laid out neatly in a box and complete with water pipes for drip wetting. This mat is laid across open doorways and windows and helps lower the temperature indoors.

Affordable Homes in Thane City
Credits : freepik.com

Here are several other simple methods to cool your home:


1. A simple trick involves using a bucket of water.

Dip the bottom hems of your curtains into the bucket and leave the fan on. The water slowly seeps upwards through the fabric and the breeze will carry the coolness into the room

2. Keep things dark.

We all know how relaxing it is, to get away from the glare of a hot summer sun and into a cool space, under the shade. To achieve this, buy cotton curtains in the darkest colour possible. Ensure that the curtains have a thick lining, so that the sunlight doesn’t fade them. Dark green or brown are easy choices. Keep the curtains drawn shut, right from morning. If your room stays shielded from sunlight all day, it is bound to remain relatively cooler.

3. Use the bathroom.

Keep your bathroom door ajar, pour a few litres of water on the floor and let the breeze do its job again

4. Leafy plants, too, can work wonders.

If you have some large decorative or potted plants around, move them closer to your windows. They will absorb most of the heat and create a cooling effect around them

5. Leave the fridge alone.

You may be tempted to reach for cold water and ice-cubes frequently, but opening and shutting the refrigerator multiple times, increases the load and temperature on its motor. This, in turn, increases the ambient temperature in your house

6. Take a look at lighting.

From LEDs to fluorescent lights, there are many cool lighting options available, so there’s no reason to continue using hot incandescent bulbs. Similarly, switch off all electrical appliances, especially the TV, when not in use. Even a mobile charger emits heat

7. Buy a dehumidifier.

You will breathe much easier, once the intense humidity is reduced. You can check online sites for the best deals

8. Cotton is king.

Summer is no time for fancy satin or silk bedsheets, or for faux leather upholstery. Buy at least one set of crisp cotton bedsheets, in white or pastel shades. If your couch is upholstered in any fabric that’s not cotton or linen, buy some sofa covers or throws that are made of cotton

9. Open up at sunset.

If you throw open your windows at the right time, you will get the benefit of the cool evening breeze. This will lower the temperature of your home and make it more comfortable for the night ahead. Also, open up every internal door in your house, including kitchen cabinets and bathroom, bedroom and closet doors. This will help, to dissipate the heat that is built up during the course of the day and reduce the overall temperature. Remember to close these doors as soon as the next day dawns and the sun is up again.




To Know More about Affordable Homes in Thane City - Real Estate Blog Visit Real Estate Thane CREDAI MCHI Thane Unit


Source: housing.com
 

Wednesday, 3 April 2019

How to design a healthy and ergonomic office for yourself

mchithane.org

April 2019

Planning to work from home? Here are some ways in which you can plan an ergonomic office for yourself

It is very important to have an office designed in a way that helps the employees to be productive. Even if you are converting your house into an office space for yourself, you must make proper arrangements so as to enhance your productivity and avoid falling ill or developing backache, etc. Here we look at some of the simple office design tricks that can be adopted to make the office more productive:

Commercial Offices in Thane
Credits : freepik.com

Lighting in the office


When you are designing a healthy office for yourself, it is of paramount importance to get the lighting aspect right. There should be as much natural light as possible for you to be productive. Poor lighting can lead you to be tired and sometimes irritable also, which will pull down your efficiency and productivity. Poor light can also result in eye strain, drying up of the eyes and sometimes a headache. While allowing maximum natural light for yourself, you also have to see how the glare of that lighting is on the computer monitor. Too much glare can also be harmful and will result in eye strain. The angle of the computer monitor can be adjusted so as to avoid glare. Soothing light can make you really comfortable and increase your productivity.

Furniture in the office


Having the right furniture is also of utmost importance. Poor quality furniture or furniture that is ergonomically not right can really drain you out. The desk has to be of the right height and has to support your body parts like arms and wrist properly. Ideally, the height of the desk should be 86 cms or 34 inches.

There are several physical disorders associated with not having the right posture. Problems like muscle strains, carpal tunnel syndrome and backache, are the commonest problems due to not having the right posture for long hours. These wrong postures can sometimes be due to your own sitting habits and sometimes due to the wrong furniture. You have to be really careful about the chair and its height also. There are very efficient and ergonomically designed chairs these days that you can buy for yourself. The chair should offer height adjustment and must have good back support, especially lumbar area support. These chairs may cost a bit but the cost is recovered soon owing to increased productivity.

Silence


How much noise you have in your office has a bearing on your performance and productivity. It’s best to cut out any unwanted noise and have a lesser level of silence in your office. Nowadays, there are sound absorbers available in the market which can soak up unwanted noise from outside. Another trick is to run a background noise yourself so as to be able to distract yourself from the original source of noise. If you do choose the background noise option, then go for natural sounds as they are more likely to improve your concentration.

Going green


Going green is another effective way of improving productivity at your workplace. Not only will the plants in your office generate more oxygen which is desirable but there will also be a soothing effect on your eyes which will take part of your stress away.




To Know More about Commercial Offices in Thane - Interior Tips by CREDAI MCHI Thane Visit Real Estate Thane CREDAI MCHI Thane Unit


Source: housing.com
 

Tuesday, 26 March 2019

50+ Ways to Make a Bedroom Beautiful


https://mchithane.org


March 2019

Find your dream bedroom scheme


Bedrooms are the ultimate escape from the hectic pace of daily life, a place where you can go to relax and recharge. These style ideas will help you create your ideal bedroom scheme, whether you’re looking for a serene sanctuary, a cozy country-style retreat or something bold and beautiful.

Home Decor Tips by CREDAI MCHIe
Credits : freepik.com

Jungle daze


Recreate that hot summer feeling all year round with a stylish twist on tropical. You don't have to choose zingy lime and bright magenta to create a jungle-inspired look. This gorgeous emerald green with palm-leaf printed blind and cushions set against a white-washed wooden headboard and bare walls, brings a calming exotic look without the need for color clashing.

Reclaimed materials


The key to this look is reclaimed wooden furniture. The bed, sideboard and wardrobe are all made with salvaged wood and really bring this look together. Combined with brick walls, exposed pipework, bare windows and industrial finishes the scheme is complete.

Cozy fireside


If you live in a Victorian property then you'll likely already be blessed with fireplaces in your upstairs bedrooms. If they've been boarded up, then reinstate them. Don't fancy a wood or coal burning fire? Then choose an electric model instead. There are so many ways to style a fireplace; it's all about creating a mood. Even the gentle flicker and glow from a (faux) fire will do just that.

French opulence


Wow! Wouldn't it be amazing to live in such an extravagant property with sky high-ceilings like this? Even if you don't have a huge bedroom you can still channel the look at home. Keep walls and ceilings a pristine white and add antique gold touches. Vintage lamps are great for this or decorative add plasterwork such as cornicing and a ceiling rose, and gild it up to the nines.

Mid-century modern


Teak furniture, lavish house plants and a cool color palette all bring a contemporary twist to mid-century style. Rich navy and ochre yellow bring a touch of warmth to the overall scheme that is light, airy and refreshing. Find vintage pieces, such as an old radio, to add an element of the past into the present.

All abstract


What fun this is to create! Grab yourself some bold emulsion paints, masking tape and a spirit level. Using a pencil and tape, mark your desired pattern on the wall. You can make it as striking as you like – go for one or two giant triangles, or connect several together. When you've settled on your design, paint in all the sections and revel in your handy work.

Rich curves


The colors in this autumnal palette are wonderfully enriching for the season. Deep corals, light peach and a gentle mushroom all come together perfectly, offset by the cool tones of pale wood. The headboard is a striking feature and is easily cut from MDF. Just draw wide, over-sized curves on to a sheet of wood and have your local hardware store cut it to shape for you.

Layer up


Plenty of cushions, throws and bedding is the focus of this scheme. Keep the room neutral with white walls, shuttered windows and soft gray carpet and add rich layers of color through the bedding. A warm mustard cushion sets off the look.

Mellow yellow


A neutral room with a bold bed makes a striking statement. Choose any color you like as the aim here is to offset a light backdrop by injecting a splash of color with the bedstead. It is fun and adds a cheerful glow to the room, especially if you go for a happy yellow shade.

Copper rush


This rich metal is not going anywhere fast and has definitely taken the top spot from chrome in the style stakes. Go for a copper bedstead and bring in other metal accessories in this rosy shade to unify the look. It goes beautifully with this gentle sea green shade, too.

Make it a mezzanine


A built-in platform area is another fantastic space-saving idea for a bedroom. It creates a designated sleeping zone on the higher level, allowing you to squeeze in extra storage underneath.

Back stroke


So simple and so effective, you can finish this in just a few hours. The effect is easily achieved by simply rolling halfway up the wall behind the bed, with a narrow roller, creating a rough line. As the design itself is quite dramatic, it is best to soften with a light shade, such as this pretty pink.

Oversized lighting


The large-scale lamp is the star in this scheme. No need for a bedside table, just one huge lamp as the feature. Don't worry about the light being too bold, you can pop in a dim bulb to ensure you maintain a gentle glow for bedtime. Need inspiration? See more lovely ways to light your home.

Classic florals


You heard it here, traditional schemes are not old-fashioned. All you need to do to ensure it stays modern is keep the bed, chest of drawers and bedside tables contemporary. Choose a large upholstered sleigh bed that you can dress in classic bedding. A pretty purple floral pattern, such as this, layered with block color is a modern way to work it.

Divided space


Make the best use of space in your bedroom by zoning the room in two. Use a large wardrobe in the center and position the bed one side and a small desk or dressing table the other. This also works especially well if you live in a studio flat or open-plan property as the wardrobe creates much-needed privacy.

Wall murals


Create a dramatic show-stopping feature with an oversized wall mural. If you're artistic, you could paint a large mural with flowers and wildlife by hand, but if not, simply hang one that has been sized to fit.

Color pop


Make your bedroom a fun space by introducing lots of block color. Go for a bold blue on the wall and dress the bed with lots of bright cushions, all in different colors. A small shelf, painted the same shade as the wall, acts as a useful bedside table and looks especially great with a jazzy pink lamp. A zingy lemon stool finishes the scheme.

Cool concrete


If you can do it, then a real cement wall will really make this scheme work. But, if that feels a stretch too far, then go for a cement-look wallpaper, instead. Dress the room with accessories in shades of gray, as well as white and black. Hang light curtains at the windows and layer up the bedding.

Hot pink


What a playful spin on sophistication this look is. Ultra contemporary bedside tables with chrome finishes and hotel-style lamps offset against a warm neutral wall creates the perfect backdrop for the hot pink upholstered bed. It's bright and it's bold, and the bigger you can get the headboard the better. What fun!

Art Deco drama


Warm yellow gold is the star in this look – it beautifully frames the moody rich blue bedding and almost-black walls. Mirrored bedside tables and chest of drawers brings in a touch of opulence and glamor, creating a sense of luxury and wealth. The perfect finishing touch? Plenty of Art Deco pattern and accessories, of course!

Painted feature


Who said you have to paint the entire wall the same color? No one! Throw the rulebook away and have some fun with wall emulsion. Here, four colors have been used with each area a different shade. Plus, a feature area has been created by painting a (not perfect) circle in the center, framing a set of lightweight shelves.

Boudoir chic


Give a hotel-like scheme a modern twist by using an orange, pink and white color palette that screams exuberance. Stylish, sophisticated and extremely comfortable, this look is perfect for the master bedroom. Yellow gold accents in the modern bedside lighting, ceiling pendant and wall-hung mirror tie the look together.

Cosmic skies


Space and stars is not just for children. Give your master bedroom a makeover and bring in touches of the galaxy with a stylish scheme like this. Dark, moody colors combined with a moon-like wallpaper sets the backdrop that you can dress with starry details and framed cosmic prints.

Leather luxury


If you have a small room but want to make an impact, choose a bed with a large, oversized headboard. It is a statement in itself and works well even in the most average-sized room. A textured leather style in classic brown looks wonderful against a gray wall and dressed in crisp white bedding. It doesn't need to be all-out masculine either, add a few floral touches for a feminine feel.

Shed chic


Create a tranquil feeling with a totally white bedroom that has plank-clad walls. It's the perfect in chic-cabin style. Affixing lengths of wood to the walls is easy but if you don't want to go all out then use wallpaper instead. A stylish window-design mirror adds a whimsical finish. Can't decide on a pattern? Find your perfect roll amongst our 55 favorite wallpaper ideas.

Modern sorbet


Pink and gray is such a striking combination and looks even better when layered with a rich purple hue. The focal point here is the sleigh bed so choose a modern gray, upholstered design and dress in bubble gum pink plain bedding. Touches of aquamarine and rose red elevates the look further. Choose a lightweight side table so not to overpower the bed.

Wonder window


If you live in a lofty New York-style home then you'll already benefit from large crittall-like windows. Let them take center stage by leaving them bare without any dressing whatsoever – they're the main attraction here. Position your bed slightly forward and complement in a grid-like bedspread. Don't forget an eye mask to help you sleep!

Brick works


Go for a totally rustic look with bare brick walls and exposed beams and woodwork. This style is akin to a barn in the south of France and perhaps not so common here, but can be replicated nonetheless. Brick wallpaper is a great starting point, bare floorboards and imitation beams are easy to fix into place. For finishing touches, add dried foliage, a ladder shelf and knitted throws.

Wooden tiles


Bring a touch of the outdoors inside with a wall covered in bark tiles. Easy to pop into position, they add a textured tactile finish to the bedroom space and look especially wonderful when the room is decorated with modern furnishings. A contemporary bed, industrial-style bedside tables and bright colors makes this a statement look.

Make it monochrome


The beauty of black and white is that it allows you to play with different patterns without the room feeling busy. White walls and bedding will keep the scheme light and airy and enable darker shapes to stand out in sharp relief.

Burnished gold


Burnt yellows are becoming an increasingly popular choice for interiors. Their muted tone makes them more suited to a restful bedroom scheme than sunshine yellow, and they pair beautifully with burnished metals for a luxurious look.

Cozy neutrals


Neutral tones bring a sense of calm and peace that’s perfect for a bedroom scheme. Layer up different shades and textures – from woollen fabrics to natural wood – to keep the room feeling cozy rather than flat.

Modern rustic


Up your design credentials in an instant by combining key pieces from different styles and eras. Here, a contemporary side table sits in elegant contrast to a rustic bench, while the fabrics on the bed include a blend of modern prints and relaxed linens. Go for 70% in one style and 30% in the other to ensure the look feels harmonious.

Coastal comfort


Coastal style doesn’t have to incorporate nautical accessories. A more subtle nod to a seaside setting can be achieved with lime-washed floorboards, jute accessories and a wood-paneled ceiling. Take your cue for the color palette from the soft, neutral tones of a pebble beach.

Lighten the tone


Ombré paint effects are an elegant way to work bright hues into a bedroom without overpowering the space. The easiest way to get an even look is to dilute a darker color into a variety of lighter shades using white paint. Separate your wall into a minimum of three horizontal sections, roll on the paint starting with the darkest shade at the bottom then blend the boundaries using a paint brush while the paint is still wet.

Another level


If you’re short on sleeping space and have the ceiling height, you can create two bedrooms in one by introducing a mezzanine-level bed. This is a great trick to use in a guest bedroom or shared children’s bedroom.

Quietly complementary


A neutral bedroom can be livened up by adding hints of accent color. Pairing up complementary colors works well, such as the orange and blue shown here. Make sure the accents are spread throughout the room to maintain a sense of balance.

Fabulous four-poster


Is there anything more opulent than a four-poster bed? Keep the rest of the scheme simple and let the bed be the star of the show. An open bed design, such as the one shown here, is a great way to work a four poster into a classic but not overly-traditional scheme. If it’s grandeur you’re after, go all out with a Victorian-style four-poster, complete with awnings and curtains.

Modern four-poster


Four-poster beds don’t have to be traditional. A pared-back contemporary design will still add that special something to your bedroom scheme. Drape a light voile across the top of the frame for an update on traditional bed curtains.

Beam me up


If you’re building a bedroom in an eaves space, it’s worth checking whether you can open the room up right to the top of the roof, exposing any original beams that might be hiding there. This will make an otherwise tight space feel tall and airy, while showing off the architectural beauty of your home.

Backlit bedroom


Soft lighting is a must in the bedroom. Here, built-in storage has been transformed into a stunning headboard display using warm, low-level lighting placed on recessed shelves. LED candles give the flickering glow of candlelight without the fire hazard.

Bold and beautiful


The bedroom can be an energizing space as well as a relaxing one, especially if the room doubles up as a place to work or study. When introducing a bright hue into a bedroom, stick to one or two colors max to prevent the scheme from becoming overstimulating.

Graphic display


This simple but striking wall pattern has been created using nothing but paint – an affordable way to make a statement in your bedroom. If that sounds a bit too labor intensive, you could get a similar look using wallpaper, such as Mini Moderns’ Homework design, $85 (£65) per 10m roll.

Salvaged style


You don’t need to splash out on expensive materials to create a statement headboard. This eye-catching example is made from reclaimed wooden floorboards and adds a cabin-like feel to this cozy bedroom.

Art attack


Your bedroom is the most personal room in your home, so why not use it to express your own personal sense of style? A piece of statement art on your bedroom wall will be a treat just for you to enjoy, away from the inquisitive eyes of guests and other household members.

Rainbow pastels


Pastels offer the perfect palette for color lovers, allowing you to mix and match different hues without being too bold for the bedroom. Stick to low-intensity sorbet shades and you’ll find it hard to go wrong.

Gallery wall


It’s hard to go wrong with a gallery wall, which can look particularly chic when used on the headboard wall in a bedroom. Keep the look smart by aligning the outer edges of the frames and restricting your color palette to two or three key hues.

Into the blue


Blue is the ultimate bedroom color. Cool and calming, it sets your mind at ease and calms your heart rate, preparing you for a good night’s sleep. Layer up different shades of blue, from mid-tones to light, to create a serene sanctuary.

Nautical by night


Nautical style allows you to have a bit of fun with your bedroom scheme, while still retaining a smart, grown-up feel. Navy blue and white are an easy combination to work with and you can bring the look up-to-date with a mix-and-match approach to pattern.

Subdued statement wall


If you like the idea of pattern in your bedroom but prefer to stick to soothing tones, go for a statement wallpaper in neutral colors. Keep things calm by restricting pattern in the rest of the scheme and introducing only low-intensity hues, such as the soft grays shown here.

White on white


There’s something irresistibly exclusive about an all-white bedroom. This is a space just for you, where children, pets and anything else that threatens to disrupt the harmony are forbidden. Luxe fabrics and finishes will lend an air of opulence and add depth to the scheme.

Urban texture


Embrace the raw texture of warehouse-space walls by leaving them bare. Their stark beauty contrasts strikingly with warm metals and eye-popping accent colors. If you don’t have brick or concrete walls, you can get the look with textured wallpaper or by painting surfaces with a thin layer of micro concrete.

Absolute vintage


Vintage furniture and accessories give a room instant character, especially if you mix and match items that you would't necessarily expect to see together. An iron-framed bed is a versatile choice that will look equally at home in a country or urban scheme.

Paint it black


Black interiors are having a bit of a moment and the bedroom might be the perfect place to try out the trend. A black backdrop creates a cocooning effect that’s just right for a space designed for sleeping. Make sure you incorporate enough light tones in the furniture and soft furnishings to prevent the room from feeling gloomy or oppressive.

A pair of pendants


If you’re short on space, try hanging decorative pendants as bedside lights. This not only adds a designerly touch to your bedroom scheme, but will save valuable bedside table space, too.

Blend blues and grays


Sleep in a serene space that's calming and elegant with a palette of chalky blues and soft grays. Add in pattern and texture with cushions and throws and keep wood natural to add warm notes to the look.

Bright idea


Light art is another great choice for a bedroom. It will make a quirky, contemporary addition to your scheme as well as providing extra mood lighting when the overhead lights are switched off.

The perfect Shelfie


Propping makes for an unusual alternative to hanging art. Here, a simple white shelf adorned with prints creates a beautiful focal point in an otherwise spartan bedroom, adding deeper color to a chalky scheme. Still hungry for more? Why not choose a new color combination for your bedroom?




To Get Information about Home Decor Tips by CREDAI MCHI Thane Visit Real Estate Thane CREDAI MCHI Thane Unit


Source: msn.com
 

Friday, 22 March 2019

Why is A Ready to Move Flat in Thane Better Than Constructing A Home?


https://mchithane.org


March 2019

Investing in a home is a huge decision that involves significant funds and planning. Thankfully, gone are the days when you had no option but to construct your own home. These days, you are spoil for choice with scores of ready-to-move-in properties to choose from.

Whether you dream of owning a luxury home or a compact one, builders offer ready-to-move-in properties to suit your needs with enough room for customisation.

For instance, if you are looking for flats for sale in Thane, you may consider buying a ready-to-move-in flat.

Ready to Move in Flats in Thane
Credits : freepik.com

Pros of buying a ready-to-move-in flat


You can save time and energy


Building a home requires a lot of dedication and effort from your side. Even though you will not do most of the work yourself and will hire a contractor to execute the project on your behalf, you can’t rely on them blindly.

Your finances and the construction are your responsibility. So, from making regular site visits and checking payment registers for the labourers to taking stock of raw materials and the budget, you will always have to be involved with the construction process.

This will eat up a lot of your time and mental bandwidth, and is something you don’t have to worry about at all when you buy a ready-to-move-in property.

You don’t have to put up with unexpected or extra expenses


Apart from giving you the freedom to design your home exactly as per your tastes, constructing a home also results in additional, unexpected expenses cropping up every now and then.

The initial budget is typically a conservative estimate and you are likely to end up spending more as time goes owing to lost shipments, mismatched tiles or incorrect thickness of plywood.

Also, living in a standalone property calls for maintenance expenses that are otherwise divided among all the residents in a society.

You get to buy a property that you see


On completion, your constructed property may look different from what you expected. However, in the case of a ready-to-move-in home, this will never happen as you don’t have to visualise; you can see exactly what you will get.

You can move in or earn rental income immediately


If you buy a ready-to-move-in flat, you can take immediate possession of your property. This way, you can save on rental expenses and start repaying your home loan instantly after taking possession.

This is not the case if you are constructing a home. Moreover, if you take a home loan for construction then repaying that via regular EMIs along with the rent will certainly put pressure on your finances.

You can start claiming tax benefits instantly


According to the Income Tax Act, you can claim a deduction basis home loan interest repayment of up to Rs. 2 lakh under Section 24(b) and basis principal repayment for up to Rs. 1.5 lakh under Section 80C.

However, you can claim this deduction only for ready-to-move-in properties. In case of a property under construction, the preconstruction interest can only be claimed as a tax deduction when the construction is completed.

You can claim the deduction in five equal installments subject to the condition that the construction is completed within 5 years of availing the home loan. In case of delays, you can only claim up to Rs. 30,000. On the principal front, you can only claim the deduction on the completion of the construction.

In case you sell the property within 5 years of possession, the deduction amount will get reversed and taxed according to your tax slab.
These are reasons enough to start looking for a ready-to-move-in flat in Thane now!




To Know More about Ready Possession Flats in Thane Visit Real Estate Thane CREDAI MCHI Thane Unit


 

Thursday, 14 March 2019

5 reasons why online home booking is here to stay


mchithane.org


March 2019

We look at how the availability of information online, from developers, as well as through various government policies aimed at boosting transparency, has resulted in a growing marketplace for real estate on the internet and what this means for property seekers.

In today’s digital world, online buying has become a norm. The online marketplace is so vast that there is hardly anything left out of its ambit. From a pack of noodles, or clothing to even jewellery, almost anything can be bought through online marketplaces.

With easy access to mobile data on smartphones, combined with platforms for secure online transaction, consumers have been exposed to a new channel of buying at the convenience of a click of a button. In the case of the real estate industry, consumers are predominantly more accustomed to the old practices of word-of-mouth or visiting the actual site, before making a buying decision. However, this is also slowly changing. With various benefits offered by the online medium for home booking, there is a deviation from the old pattern and a new trend can be seen, where online bookings and payments have risen in numbers.


Property Investment In Thane
Credits : freepik.com

1. Government policies like RERA give a boost to due diligence


With the government enacting consumer-friendly policies, such as the Real Estate (Regulation and Development) Act (RERA), it is mandatory for every developer to register their housing project with the authorities and provide certain specific details, for the benefit of home buyers. The consumer also has an option to check the credentials, reputation and the delivery track record of the builder, by researching online, before investing their hard-earned money in a project.

2. 24×7 availability of online bookings eliminate barriers of distance and time


The biggest advantage of online bookings, is the fact that it is available to the consumer 24×7. All one needs, is an internet connection, to book a dream home. The proliferation of mobile devices with strong data connectivity across the country, has become a boon for consumers to make online purchases. This eliminates the need to visit a particular premises, to make payments. One can book a home by logging in and making the payment online.

3. Developers turn to technology to project transparency and woo customers


In a bid to project themselves as transparent to their consumers, developers are now offering the exact floor plans or specifications of homes online. Certain developers have even gone ahead and leveraged technology, to provide a 360-degree overview of residential projects and are also using virtual reality walkthroughs and interactive online chat desks, which provide consumers with ample information.

4. Online availability of sale agreements and home loan documentation, a boon for buyers


For consumers, especially first-time home buyers, heaps of paperwork involved in buying a home, can be daunting. Confusion, over the various types of documentation required and whether one has the completed the required paperwork, can derail the overall home buying experience. However, with much of this information now available online, this whole complicated process is made simple. This means that customers can conveniently pay the booking amount online and complete the other formalities later.

5. Attractive rates on online pre-booking of properties


The developers usually look to generate maximum sales for their housing project initially and resort to special offers, such as lower interest rates, discounts, freebies, etc., on pre-booking of properties. In such a scenario, pre-booking a home can be one of the smartest and affordable ways of owning a home. To facilitate this, developers offer the option to home buyers to book their home, by paying an initial price online and paying the rest through installments.





To Know More about Property Investment In Thane Visit Real Estate Thane CREDAI MCHI Thane Unit


Source: housing.com


Wednesday, 6 March 2019

Tips For Office Designing To Improve Employee Productivity


March 2019

The businesses have evolved over the years and so have the amenities and perquisites offered by offices to their employees. Offices are no longer just about desks and chairs. They have to offer so much more to the employees in modern times. Now-a-days offices have to keep several things in mind from design to lighting so as to make employees satisfied and cheerful. Employers are realizing that they have do create environment for employees to work and even a chair or the colour of the carpet can impact the productivity and performance of the employees. In office where due care is given for designing and comfort of the employees, they contribute more for the success of the company, studies have shown. The attrition rate is lower in offices where there are proper ergonomics, convenience and privacy. The cost of acquiring new employees in such offices is lower since the existing set of employees feel happy and satisfied which means the attrition is lower.


Property Investment In Thane
Credits : freepik.com

We take a look at some of the important aspects that impact the productivity and satisfaction of employees in the modern era:



1. Layout:

The layout of the office is crucial from the point of view of communication between employees. All care must be taken to give ample opportunity to employees to communicate with each other effectively as often as they like. Now a days, teams need to work together to achieve results more than ever before and they sometimes need a breakout spaces or bigger room like a conference room to communicate the team goal and discuss any problems that may be arising for a particular team member. The conference room has to be equipped with modern projectors and other tools for the communication among the team members to be effective.

Closed cubicles may not be suitable for all the employees as it may lead to isolation and efforts should be made to have more of open and collaborative spaces. In certain cases where the nature of work so demands, making closed and private cubicles should also be provided.

Modern offices have to lay emphasis on cognitive and physical aspects of the workforce. Ergonomics play a vital role in the productivity of employees and right kind of furniture have to be provided for efficiency and comfort of the employees otherwise they can have frequent backaches and pain, resulting in greater absenteeism. The corridors have to wide to allow easy movement of the employees. Congested or Stuffy offices will take the productivity of the employees down.

2. Lighting:

The righting kind and amount of lighting in office can reduce fatigue, increase efficiency and output, improve the cheerfulness and morale of the employees. It also ensures overall higher quality of work among the employees. Extreme care should be given to the lighting aspect as lighting also play a crucial role in supporting the moods of the employees. Lighting should be used in way that it lifts the mood and productivity of the employees but at the same time environment safeguards also have to be kept in mind. The right balance of heat and light has to be maintained, especially keeping the weather outside in mind. Efforts to reduce visual glare must also be made. The intensity of light, including sunlight, can be different in different parts or corners of the office depending on the nature of the work of specific sets of employees. A lot of light can also result in eye fatigue and other associated disorders so a healthy balance needs to be found out depending upon the location of the office.

3. Interiors:

The interiors have a major role to play in the productivity of the employees. While certain colour themes can enhance the mood of the employees, other can do the opposite. What colour of walls, furniture and carpet suits a particular organization depends on the weather conditions and nature of business, that is, the kind of work that employees are required do to. Thus, colour theme in an advertising company would defer to colour themes in an investment bank. By and large, blue and green are considered soothing and productive. There can be little indoor games for the employees and they can take short breaks from work and engage themselves in activities like games which reenergizes them and they can concentrate better at work after a quick break.

4. Privacy:

Workplaces need to be created in a way that they provide enough privacy to the employees when they require. People work much beyond normal working hours these days and need their own privacy at times to, lets say, answer a phone call from a friend or family, or for any other urgent requirement. In certain cases, customer data and confidentiality are important and the workplace for such employees need to designed in a way that ensures privacy.

5. Accessories:

A plain simple office with no accessories or object to beatify the place can be a drag for some employees, studies point out. Many employees feel more connected with an organization (employer) if their office space has some pictures, beautiful objects, statues and other accessories.

6. Plants:

Plants can bring energy into office space and have been successful in increasing productivity of the employees, according to various modern studies. Plants not only provide oxygen within the office set up, they also result in cheerfulness among employees and providing relaxation to the people around them.



TO KNOW MORE ABOUT COMMERCIAL PROPERTIES IN THANE VISIT CREDAI MCHI THANE UNIT


Source: housing.com