mounthousing-coimbatore-blog

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Palakkad Fort - Palakkad Kotta Kerala -Tipu Sultan Fort A Major Tourist ...

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A visit to Valparai, Tamilnadu, India

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www.mounthousing.com

[mounthousing-coimbatore-blog]

Why do you choose an Apartment?

Apartment complexes are commonly located in central areas making them the perfect distance from shops, malls, dining and entertainment venues as well as business houses.

Visit us:- https://lnkd.in/fr8M9PV Call us - 9361233111 Mail us - mount@mounthousing.com

[mounthousing-coimbatore-blog]

Own a property and Rent it out:

Options to rent your property

Let’s list out the possibilities to rent your property.

A worthy property in your name will make you feel financially safe and secure. Investing in a good property is one of the wisest choices to expect good returns of your savings. While the property prices are soaring up every day and GST is about to make its waves, it is high time we consider the seriousness of the word ‘Investment’ and do the necessary thing. On the other hand if you have already invested in real estate and are clueless about what to do next, we are trying to give some insights into the options that are available to expect capital gains. Whether an apartment or an individual space that you may own, the choices for renting the space are many that only needs a little preparation and decision from your side to the step forward.

Residence

The main criteria to rent out residential property are the location. Rent charges would differ from location to location and also based on the accessibility of the property. Along with amenities and other infrastructures available in the property, one can compute the rent for the consumer. After deciding on the charge, it is significant to draft a lease which would differ based on the person/people to whom you are going to rent it out. Company lease, individual lease, paying guests (PG), guest houses and service apartments that are the options in which residential leases can be drafted.

Commercial purpose

If the property that you own is huge and is solely for commercial purpose, there are a lot of choices in store. The main two options to rent out are for retailers and office occupiers. Again the location plays a prime role, yielding a high income, without much worry. Another lucrative option is to give for franchisees, wherein a chance of attaining a profit share from them is also possible. However, before letting it out, the terms of agreement need to be sorted out in this case. For the office occupiers, it includes from software companies to financial institutions to telecom companies who would want to stabilize their stand in the city/state. Ample parking space is added bonus in case you rent it out for commercial purposes where the privileges are many.

The main factors involved in renting out your property, after deciding it’s for residential purpose or commercial purpose, are to decide on the rent, advertisements,  preparation of the lease agreements and to register the lease properly. In case of a lease agreement it is necessary to pay 5% of the lease period as a stamp duty and in case of a leave and license agreement around Rs.50, 000/- would be the maximum cost to pay as stamp duty. The other points to be noted are

Profile of the occupier

Competitor clause

Security Deposit

Repairs and alterations

Lease term

Property tax

Maximizing rent

Termination rights

Escalation of rent at the time of renewal

Lock-in period

Maintenance cost

Force majeure

Parking

Various indemnity clauses

Signage

Sub lease clause

Power availability

Owning a property has always been a profitable aspect, especially if it is situated in a prime location. Analyze the boons and banes associated with renting out the property and take a decision that would earn an income for a lifetime.

APARTMENT

INVESTMENT

PROPERTY

RENT

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3 bhk apartments in coimbatore

apartments with swimming pool in coimbatore

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A sneak peek into the Indian Real Estate Industry — 2020

Introduction

With the government’s constant support and schemes along with people’s buying capacity, the real estate industry has witnessed a boom over the last decade. Real estate sector in India is expected to reach a market size of US$ US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India’s growing needs.

Sectors such as IT and ITeS, retail, consulting and e-commerce have registered high demand for office space in recent times. Commercial office stock in India is expected to cross 600 million square feet by 2018 end while office space leasing in the top eight cities is expected to cross 100 million square feet during 2018–20. Gross office absorption in top Indian cities has increased 26 per cent year-on-year to 36.4 million square feet between Jan-Sep 2018. Co-working space across top seven cities has increased sharply in 2018 (up to September), reaching 3.44 million square feet, compared to 1.11 million square feet for the same period in 2017.

Investments/Developments

The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces. Private Equity and Venture Capital investments in the sector have reached US$ 4.1 billion between Jan-Nov 2018. Private Equity and Venture Capital investments in the sector have reached US$ 4.1 billion between Jan-Nov 2018. Institutional investments in India’s real estate are expected to reach US$ 5.5 billion for 2018, the highest in a decade.

According to data released by Department of Industrial Policy and Promotion (DIPP), the construction development sector in India has received Foreign Direct Investment (FDI) equity inflows to the tune of US$ 24.87 billion in the period April 2000-June 2018.

Some of the major investments and developments in this sector are as follows:

New     housing launches across top seven cities in India are expected to increase     32 per cent year-on-year by 2018 end to 193,600 units.

In     September 2018, Embassy Office Parks announced that it would raise around     Rs 52 billion (US$ 775.66 million) through India’s first Real Estate     Investment Trust (REIT) listing.

New     housing launches across top seven cities in India increased 50 per cent     quarter-on-quarter in April-June 2018.

In May     2018, Blackstone Group acquired One Indiabulls in Chennai from Indiabulls     Real Estate for around Rs 900 crore (US$ 136.9 million).

In     February 2018, DLF bought 11.76 acres of land for Rs 15 billion (US$ 231.7     million) for its expansion in Gurugram, Haryana.

Road Ahead

 The Securities and Exchange Board of India (SEBI) has given its approval for the Real Estate Investment Trust (REIT) platform which will help in allowing all kinds of investors to invest in the Indian real estate market. It would create an opportunity worth Rs 1.25 trillion (US$ 19.65 billion) in the Indian market over the years. Responding to an increasingly well-informed consumer base and, bearing in mind the aspect of globalisation, Indian real estate developers have shifted gears and accepted fresh challenges. The most marked change has been the shift from family owned businesses to that of professionally managed ones. Real estate developers, in meeting the growing need for managing multiple projects across cities, are also investing in centralised processes to source material and organise manpower and hiring qualified professionals in areas like project management, architecture and engineering.

The growing flow of FDI into Indian real estate is encouraging increased transparency. Developers, in order to attract funding, have revamped their accounting and management systems to meet due diligence standards.

Real estate sector in India is expected to reach US$ 650 billion and its share in India’s Gross Domestic Product (GDP) is projected increase to 17 per cent by 2040. Emergence of nuclear families, rapid urbanisation and rising household income are likely to remain the key drivers for growth in all spheres of real estate, including residential, commercial and retail. Rapid urbanisation in the country is pushing the growth of real estate. More than 70 per cent of India’s GDP will be contributed by the urban areas by 2020.

About Coimbatore and the best places to buy an Apartment here…

Do you know Coimbatore is one of the fastest growing tier II cities in India? Yes, according to a recent survey the city offers immense opportunities to the striving, fast-moving Indian. The city has started growing fast in recent times and is now considered as an Industrial hub. It is known for its textile industries, cotton material manufacturing, software industries, and BPO outfits as well as auto-parts industries. Many economic developments in the south are directly associated with this city. The second largest city in Tamil Nadu, it attracts businesses, entrepreneurs, investors & working professionals from all over the country.

The city has got its 8th position among the first batch of the 20 smart cities in terms of implementing and completing projects under the smart city mission. Chennai is at the 17th position.

Many have the opinion that Coimbatore would be considered as the smartest City in India shortly.

Moreover, the city has a pleasant climate pretty all throughout the year excluding the summer season. This pleasant climate is the main attraction and gives a badge of pride for the city.

When comparing Coimbatore and Chennai, mid-career people always prefer Coimbatore. In the latter one we can expect good growth but have to sacrifice with its year-round sultry weather.

One more interesting fact about the city is its centralized location. Most of the people prefer a life in Coimbatore. Why? It is centered in the middle of some major cities like including Chennai, Bangalore and Kerala. One can easily reach those locations within 8 to 9 hours.

Coimbatore has so much to explore around. There are many temples, malls, waterfalls, and many more.

Brookfields Mall- a lot of stores to shop from.

Fun Mall — again shopping

Prozone mall- more shopping

Marudamalai temple- divinity

Isha yoga centre- peace

Kovai Kutralam- cold water

Thirumoorthi Hills- divinity and falls

Ooty- just a few hours travel and reach the best place to explore

Which is the best place to buy apartments in Coimbatore?

Due to its economic progress and owing to its selection as a soon-to-be-developed ‘smart city’, Coimbatore’s real estate prospects have also rapidly developed, and one can now find a plethora of apartments and gated communities in Coimbatore to cater to every requirement and budget.

While the city offers many luxury apartments in Coimbatore as well as villas and bungalows, living in the city comes with its fair share of drawbacks. To those looking for something off the beaten path, the kalapetti area is proving to be the best place to buy apartments in Coimbatore.

With the presence of many reputed schools, colleges, institutions, banks, supermarkets and banks it is far from a typical ‘small-town’. In fact, it is the ideal place to live and develop a healthy, balanced lifestyle.

Why are we giving most importance to Kalapatti?

There are also some places in Coimbatore like R.S. Puram, Avinashi Road, and Race Course are too costly to spend in buying home if your looking in a budget level then investing your money places like Avinashi Road, Saravanampatti, Mettupalayam, Kalapatti textile city Coimbatore would be more profitable.

So Kalapatti is one of the places which we would prefer to invest money to buy an Apartment or to live in a rented Apartment. Most of the people wish to buy 2 BHK apartments and 3 BHK apartments in this area , as it is near to Coimbatore airport. 

Kalapatti is a pleasant place and a fastest growing area in Coimbatore.

Famous IT companies like KGISL, Cognizant and Angler technologies located near to Kalapatti.

Talking about the road transport this location is well connected the major highways Sathy road and Avinashi road at SITRA junction and most of them use this road to reach Ooty.

Third most good about this place is it is far near to International Airport you can reach in Minutes without facing heavy traffics.

Talking about Famous Schools and Colleges two high-quality International schools which includes NGP International schools and Anan kids academy are here. Few of the famous colleges are Park Global College, PSG Arts college, Dr N.G.P Arts and science college and Suguna polytechnic institutions.

Multi-speciality hospitals named KMCH, Aravind Eye hospital and Lotus Eye Hospital are available near Kalapatti road.

Famous Restaurants may be Chillum cafe, Curry factory and 10 Downing street. Lots of famous restaurants and coffee shops are available near Kalapatti road where you can grab a bite of your favourite dish and sip a coffee with your family.

For entertainment you can visit Prozone Mall and the Fun Republic mall is located near to Kalapatti with your Family.

So these are some benefits to this location.

And the demand for property in this location is much high and also the resale value of this property will also be a good investment in return.

Most of the famous builders are located here on Kalapatti to satisfy their customers’ demands. Few apartments that are in the area includes Mount Rain Drop, Shukran Villa Park, Omsai Villa Park, Omsai Villa Park, KR Villa Park, Mahalakshmi Garden and Maple Garden.

Mount Raindrop — Coimbatore’s Largest Green Home Community is a signature luxury project from Mount Housing. What makes every home at Raindrop a stunning success is its artful incorporation of nature’s elements and aesthetic, architectural genius, seamlessly blended with a host of superior amenities. So be it an exclusive 10x10 feet botanical balcony featuring drip irrigation, a lush-green 50% open area across the project or refreshing springs, water spouts, magical fountains, every home at Raindrop is a perfect blend of eternal luxury, comfort and delightful enchantment.

Another best place to buy apartments at Coimbatore is Peelamedu. A number of projects are coming up within a few km radius of hope college junction. This area is quite near to nice schools, colleges, healthcare institutes, malls, shopping areas etc. Reputed builders are offering apartments here, and many are ready to occupy. Cost is also reasonable.

Next time when you are planning to buy an apartment in India thinks about buying one in Coimbatore.

[mounthousing-coimbatore-blog]

A sneak peek into the Indian Real Estate Industry — 2020

Introduction

With the government’s constant support and schemes along with people’s buying capacity, the real estate industry has witnessed a boom over the last decade. Real estate sector in India is expected to reach a market size of US$ US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India’s growing needs.

Sectors such as IT and ITeS, retail, consulting and e-commerce have registered high demand for office space in recent times. Commercial office stock in India is expected to cross 600 million square feet by 2018 end while office space leasing in the top eight cities is expected to cross 100 million square feet during 2018–20. Gross office absorption in top Indian cities has increased 26 per cent year-on-year to 36.4 million square feet between Jan-Sep 2018. Co-working space across top seven cities has increased sharply in 2018 (up to September), reaching 3.44 million square feet, compared to 1.11 million square feet for the same period in 2017.

Investments/Developments

The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces. Private Equity and Venture Capital investments in the sector have reached US$ 4.1 billion between Jan-Nov 2018. Private Equity and Venture Capital investments in the sector have reached US$ 4.1 billion between Jan-Nov 2018. Institutional investments in India’s real estate are expected to reach US$ 5.5 billion for 2018, the highest in a decade.

According to data released by Department of Industrial Policy and Promotion (DIPP), the construction development sector in India has received Foreign Direct Investment (FDI) equity inflows to the tune of US$ 24.87 billion in the period April 2000-June 2018.

Some of the major investments and developments in this sector are as follows:

New     housing launches across top seven cities in India are expected to increase     32 per cent year-on-year by 2018 end to 193,600 units.

In     September 2018, Embassy Office Parks announced that it would raise around     Rs 52 billion (US$ 775.66 million) through India’s first Real Estate     Investment Trust (REIT) listing.

New     housing launches across top seven cities in India increased 50 per cent     quarter-on-quarter in April-June 2018.

In     May 2018, Blackstone Group acquired One Indiabulls in Chennai from     Indiabulls Real Estate for around Rs 900 crore (US$ 136.9 million).

In     February 2018, DLF bought 11.76 acres of land for Rs 15 billion (US$ 231.7     million) for its expansion in Gurugram, Haryana.

Road Ahead

 The Securities and Exchange Board of India (SEBI) has given its approval for the Real Estate Investment Trust (REIT) platform which will help in allowing all kinds of investors to invest in the Indian real estate market. It would create an opportunity worth Rs 1.25 trillion (US$ 19.65 billion) in the Indian market over the years. Responding to an increasingly well-informed consumer base and, bearing in mind the aspect of globalisation, Indian real estate developers have shifted gears and accepted fresh challenges. The most marked change has been the shift from family owned businesses to that of professionally managed ones. Real estate developers, in meeting the growing need for managing multiple projects across cities, are also investing in centralised processes to source material and organise manpower and hiring qualified professionals in areas like project management, architecture and engineering.

The growing flow of FDI into Indian real estate is encouraging increased transparency. Developers, in order to attract funding, have revamped their accounting and management systems to meet due diligence standards.

Real estate sector in India is expected to reach US$ 650 billion and its share in India’s Gross Domestic Product (GDP) is projected increase to 17 per cent by 2040. Emergence of nuclear families, rapid urbanisation and rising household income are likely to remain the key drivers for growth in all spheres of real estate, including residential, commercial and retail. Rapid urbanisation in the country is pushing the growth of real estate. More than 70 per cent of India’s GDP will be contributed by the urban areas by 2020.

About Coimbatore and the best places to buy an Apartment here…

Do you know Coimbatore is one of the fastest growing tier II cities in India? Yes, according to a recent survey the city offers immense opportunities to the striving, fast-moving Indian. The city has started growing fast in recent times and is now considered as an Industrial hub. It is known for its textile industries, cotton material manufacturing, software industries, and BPO outfits as well as auto-parts industries. Many economic developments in the south are directly associated with this city. The second largest city in Tamil Nadu, it attracts businesses, entrepreneurs, investors & working professionals from all over the country.

The city has got its 8th position among the first batch of the 20 smart cities in terms of implementing and completing projects under the smart city mission. Chennai is at the 17th position.

Many have the opinion that Coimbatore would be considered as the smartest City in India shortly.

Moreover, the city has a pleasant climate pretty all throughout the year excluding the summer season. This pleasant climate is the main attraction and gives a badge of pride for the city.

When comparing Coimbatore and Chennai, mid-career people always prefer Coimbatore. In the latter one we can expect good growth but have to sacrifice with its year-round sultry weather.

One more interesting fact about the city is its centralized location. Most of the people prefer a life in Coimbatore. Why? It is centered in the middle of some major cities like including Chennai, Bangalore and Kerala. One can easily reach those locations within 8 to 9 hours.

Coimbatore has so much to explore around. There are many temples, malls, waterfalls, and many more.

Brookfields Mall- a lot of stores to shop from.

Fun Mall — again shopping

Prozone mall- more shopping

Marudamalai temple- divinity

Isha yoga centre- peace

Kovai Kutralam- cold water

Thirumoorthi Hills- divinity and falls

Ooty- just a few hours travel and reach the best place to explore

Which is the best place to buy apartments in Coimbatore?

Due to its economic progress and owing to its selection as a soon-to-be-developed ‘smart city’, Coimbatore’s real estate prospects have also rapidly developed, and one can now find a plethora of apartments and gated communities in Coimbatore to cater to every requirement and budget.

While the city offers many luxury apartments in Coimbatore as well as villas and bungalows, living in the city comes with its fair share of drawbacks. To those looking for something off the beaten path, the kalapetti area is proving to be the best place to buy apartments in Coimbatore.

With the presence of many reputed schools, colleges, institutions, banks, supermarkets and banks it is far from a typical ‘small-town’. In fact, it is the ideal place to live and develop a healthy, balanced lifestyle.

Why are we giving most importance to Kalapatti?

There are also some places in Coimbatore like R.S. Puram, Avinashi Road, and Race Course are too costly to spend in buying home if your looking in a budget level then investing your money places like Avinashi Road, Saravanampatti, Mettupalayam, Kalapatti textile city Coimbatore would be more profitable.

[mounthousing-coimbatore-blog]

Move towards Green Homes

Going green has gone from being a luxury option to a necessity. Green homes have an increasingly better indoor environment, lower operating costs, and enhanced market value. So, why are you waiting, there is no best time than now? Buy your dream home with the leading green home developer, Mount Housing.

[mounthousing-coimbatore-blog]

Tier II Cities have seen Boom in Real Estate

Residential prices in a few tier II cities increased more during the last year, compared to the low appreciation in metros and tier I cities. Price appreciation was mostly due to developments like metro construction and other infrastructure projects, etc.

[mounthousing-coimbatore-blog]

Some Cities has Upswing in Real Estate

Real estate is a heterogeneous product and returns depends on various aspects such as location, construction, economic scenario and so on. According to a Knight Frank report, "Some cities and micro-markets in cities simply perform better because of factors like affordability, job creation, and infrastructure deployment, especially in terms of connectivity".

When you consider all these things, it is true that buying/investing in Coimbatore's real estate market will definitely reward you with huge profit in the coming years.

Why are you waiting, there is no best time than now? Buying your dream home in Coimbatore with leading green home developer, Mount Housing.

[mounthousing-coimbatore-blog]

Way towards Green Lifestyle

Green buildings are basically an energy efficient building. Resources used in the construction process are recycled, reused and it doesn't cause any impact to the environment. Green buildings are booming everywhere in the world and it's definitely going to rule India in the near future to ensure a sustainable environment for our future generation. If health is your first priority, then moving to a greener lifestyle is smart.