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Things to consider before buying a flat in Kolkata

Kolkata is an ever increasing city. With more and more companies coming and opening up centres in this city it is becoming one of the major cities in the country. The metropolitan city of Calcutta has various localities where shutting down can be an ideal option. Yet there exists a couple of things that you absolutely need to check before you think of buying a flat in Kolkata.The thought of buying a flat requires more attention than just going through recommendations hence to help you deal with an important as like this here is a list of few things that you should try to keep in your mind while you are searching for flats in Kolkata –

1.Locality

The very first and foremost thing that you need to check for a city as big as Kolkata to settle down is the locality. The locality has to be in sync with your needs and wants so that your resident can be in perfect harmony and you are a board will be peaceful. Depending upon your place of work, and various are the preferences you need to select the perfect locality that you want to live in.

2.Legal documents

Keeping other things aside before signing up any people in regards to property matters you need to thoroughly check the legal documents that are being provided to you by your real estate agent. Keeping the fact that you are actually purchasing or renting the place legally without any unlawful procedure is important in order to stay properly and peacefully in a flat in Kolkata.

3.Budget

Though you might be having your own money bracket or a budget within which you would be willing to buy a flat or renting one, yes finalising any property you should recheck whether you are getting it in the exactly right price that you should be. Localities, surrounding, and other things in mind you should find the perfect place for you within the perfect budget and the perfect money bracket

4.Neighbourhood

You are absolutely cannot think of surviving in a place that doesn't have a good and healthy environment to live in. Therefore before finalising the place where you are deciding on to you should recheck the neighbourhood in which you are about to settle in. Buying flats in Kolkata might be too easy but finding the ideal neighbourhood is an important task that you need to fulfil.

These were few things that you are expected to keep in mind before finalising flats in Kolkata for your friendly and peaceful abode.

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How to choose the correct real estate company?

In this 21st century, people have become independent and like to choose their way of living. They no longer want to live in big houses, but they choose to live in small apartments with their families. As the families are breaking up into low nuclear families and people are moving to cities, the production of flats is increasing day by day. In this modern era, people like to stay near their offices to avoid traveling long distances. Living in a city also give more significant job opportunities and chase their dreams. 

How can you search for apartments in Kolkata?

In this modern time, there is the internet that can help you in searching for the ideal apartments but, the traditional system of searching apartments is still better than searching online. You can go to a real estate agent and can look for the ideal apartment that you are seeking. The real estate companies in Kolkata can give you the best location and the best flats available at your rate. They can inform you about the locality and can provide you details about the apartments and the facilities offered by the builder. Thus, detailed information can be obtained from the real estate agent.

Tips for choosing the correct real estate agent 

Before choosing your house, you should select the proper real estate agent who can fulfill the wish of your apartment. Here are some tips which will help you choose the right real estate agent. They are as follows:

You can search online about real estate agents or real estate companies.

You can ask your colleagues, friends, and other people about a reliable real estate agent who can help you buy your house.

You should check if the real estate company is efficient, you should ask the people who have purchased a flat with their help. You should see if you get positive reviews about the company.

You should check that the real estate company is not fraud, and they are genuine. 

You should have a geed communication with the company and tell them about the type of apartment you want and in which location. 

Real estate agents can help you get your dream house. They can give you the best location, which can be near your office and transportation can also be efficient. It would be best if you went with your gut feeling and then choose the appropriate real estate company that will help you purchase your dream apartment. 

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Various categories of apartments available for luxurious residence

There are some inevitable facts of the life like time stops for no one, or growth is a form of success and is impossible to stop and so on. These laws are applicable for living beings as well as non-living things. Be it a living thing like an individual, an animal, trees, fruits flowers, etc. or non-living things like growth of the economy, financial status, or construction, one thing is sure that growth and development are inevitable.

In this blog, the information is specifically subjected to the growth of nonliving factors, specially build for the comfortable stay of living beings, the construction. Mainly on the information about the types of apartments in the new town.

The constructions or structures can be divided into two main elements- commercial and residential. Commercial constructions are for business purposes like offices, industries warehouses, and so on. Whereas residential can be used for personal living space, or one can even rent out the apartment on lease making an additional income.

Now the residential structures are chosen by the humans on some primary factors namely,

Size of the family,

Budget,

Location,

Amenities offered

And so on,from the category of residential structures that can be divided into subcategories like a house, a bungalow, an apartment, a flat, a penthouse, rowhouses, etc.

All the types of residential structures have a primary use, and that is to provide the utmost comfort for the luxurious lifestyle.

An apartment can basically be called as a self-contained housing unit. An apartment holds a specific area in a large building, and hence it can be called as the apartment is a part unit of the building. The apartment bears the name of the owner, and the address name is that of the building.

Main types of apartments are,

Studios- A compact area containing a living room, kitchen, and bedroom. These studios are of same built up areas unconcerned of how many floors there are in that specific building

Builders floor- here the builder builds a compact building of four floors with different sizes of apartments

Penthouse- this is a top floored, lavish two storey structure with a kitchen and living area and multiple bedrooms

Villa- this is the most luxurious type of all apartments with a private swimming pool, lawn, a garden, etc. as this apartment is individually owned the construction can be made according to the choice of the owner.

There are many more categories from which you can choose according to your needs. Buy an apartment of your requirement and live a king sized life!

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Complete guide about real estate sector

The term real estate means real or physical property which covers the construction of residential housing, commercial housing, and business spaces such as theaters, hotels, restaurants, and factories. The real estate sector not only involves the purchase and sale of land but also involves the construction and development of land.

In India, the real estate sector is proliferating at a very faster pace. It is also providing employment to a large number of people and also contributes a large sum to the Gross Domestic Product of the country.

Types of real estate

There are four types of real estate-

Residential

It consists of property structures such as apartments, penthouse, townhouse, condominiums, single-family homes, etc. This is the most common type of estate which constructs estate for families, individuals, or group of people.

Commercial

It consists of property structures such as hotels, theatres, shopping malls, medical centers, restaurants, parking lots, etc. This estate generally consists of office buildings used for business purposes.

Industrial

It consists of a property structure such as factories, warehouses, production stores, manufacturing buildings, etc. This estate consists of land used to carry out industrial operations such as production, storage or distribution of goods.

Land

It consists of ranches, vacant land, farms, etc. This estate forms the baseline for other properties as it consists of vacant land which upon reassembly and rezoning has increased market value.

Areas under real estate industry

The real estate industry can be divided into many different areas-

Sales & Marketing

Sales and marketing firm helps in advertising about the land, building to be sold so that people become aware of the options available. Therefore helps in increasing the market value of the land.

Brokerage

Brokerage firm helps in facilitating the contract between the buying and selling agents by representing either one and fixing the deal at a reasonable price ensuring profit to their representative.

Development

Development firm helps in constructing new buildings by purchasing raw land and then selling the finished product to the customers. They add value to the land either by renovating it, rezoning it or constructing the new building.

Professional services

Not only sellers and buyers are involved in the real estate industry but it also involves other professionals also such as interior designers, architects, lawyers, construction workers, etc.

Hope this guide helps in providing the insights about real estate sector that what actually real estate sector is and what are their types and what sort of people are involved in this sector.

Space Group is one of the top real estate companies in India handling residential projects in Kolkata, Chennai, and Bhubaneswar.

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Choose Your Flat in Rajarhat

Rajarhat happens to have become extremely popular as a place to live in since the main centers of the city of Kolkata became full and unaffordable. The accommodation in Rajarhat are the best available. The project developers know their business and are dependable.

Popularity of Rajarhat

When people began to move out to the outskirts of Kolkata to buy their own property Rajarhat flats caught their attention. They found quality housing, a luxurious lifestyle and the best standards of living. The real estate developers realized that people today want all the facilities required for daily living and a little extra close and easily accessible. Another factor is security since families are getting smaller. Plenty of research went into creating housing complexes in Rajarhat that would suit the need of all kinds of people. Factors that play an important role when choosing a flat are:

right location

price

design

amenities  

construction

At Rajarhat you would find the most affordable housing apartments in Kolkata. Being a vast area and has a huge price range suitable for all kinds of budgets. Whatever your budget is rest ensured that you will get the best value for your money.

Other Reasons to Choose Rajarhat

Communication: While there was a time when people were a little hesitant to go to Rajarhat as they were apprehensive about connectivity, the situation has changed now. All transport and connectivity options are going to be ready soon including the metro rail. Existing bus routes already connect Rajarhat to all parts of Kolkata. The airport is around 12.5 kilometers from the center point of Rajarhat. Anyone would want to buy a property in this location.

Infrastructure: Planned as an extension for Sector V, the IT hub of Kolkata Rajarhat is one of the best-planned townships across the city. Not only is it home to a number of business parks but is also dubbed as an education hub. Renowned educational institutes like St. Xavier’s University, Presidency University, Rabindra Bharati University are located here.

Hospitals: Multi-specialty hospitals like AMRI, Tata Medical Research Centre, Chittaranjan Cancer Institute are found here.

Entertainment: There are private clubs, shopping malls, parks, 5-star hotels, cultural centers and spas. The biggest attraction is New Town Eco Park which attracts thousands of visitors.

All these facilities make Rajarhat a popular place to live in and very soon the area will attract a vast population. However since the area is planned out well and even complexes with a huge number of flats have ensured that there is enough greenery it will never be an eyesore thus making it a wonderful place to live in.

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Questions to ask a developer about real estate projects?

Before you make your mind ready to buy a new property or invest in real estate projects, it is most important to survey the details of the property. In under-construction projects, you need to be more intelligent before investing in that. You need to ask some rated questions to the developer before prompting to buy any real estate project.

Is the land fully authorized?

In many cases, most developers start to plan construction and decoration of the real estate residential projects before getting all the official approvals before starting a project. Maybe some units of the land are not fully purchased under-construction. Verify whether the zone is suitable to make any residential or commercial projects or not. Developers have to build the parks, hospitals or building within the units purchased earlier with the approvals of municipality, environment & pollution department, etc. It is advisable to verify further approvals if needed in order to mitigate the later issues to be created.

What are the financial concerns?

It is of severity issue to verify the reasonable financial concerns with the top developer in Kolkata. Check whether you need to pay after complete construction of the floors or you need to pay partial money after starting of the project plan. Before getting into a commitment of giving money be assured that it is an immovable property and it is being registered earlier with NOC from the project owner. In Kolkata registration is fully done only after the full construction of the building.

Ask about the developer's history

Before moving into a decision check the developer's background in the real estate projects. If he is well-equipped with the financial capability to the successful completion of a project, then go ahead with him. Ask for the developers among his other customers to get a track record of the developer's work history. Go for the preferable and faithful top developer in Kolkata after getting full details.

How well are builders and developers managing the project cost effectively?

Developers should check their past projects and make a note on how to finish the project with effective cost analysis. While drawing changes, change requests, raised issues are evaluated, those need to be perfectly documented once.

You should get the daily updates about the project status. Communicate with the developers about the updates of developed units. Follow the above-mentioned guidelines before making an investment or starting real estate projects.

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Benefits Of Buying Apartments Near Metro Station

The metro city of Kolkata is known for a lot of iconic things. One of them happens to be the metro railways. This underground railway network was inaugurated in the year 1984 and since then has remained to be one of the most important modes of transport that provides super fast transit to several lakhs of people of the city on a daily basis. The Kolkata metro railways are often considered to be the second busiest railway of the nation.

It is a known fact that an area is considered to be a prime one if it has an easy access to a metro railway station. This is one of the features that play an important role increasing the price of residential or commercial projects. Having a residence in an area nearby to a metro railway station is always considered to be a prime catch as the availability of a metro station in the immediate vicinity offers many advantages. Let us take a look at them.

Super Fast Means Of Transport – The metro railways are a super fast means of transport. It can cover a distance of several kilometers in a matter of few minutes. As compared to the general roads of the city, travelling through the metro railway is faster since here you will not have to encounter the notorious traffic and the hold-up time that is such a detested feature of Kolkata traffic. As a result time taken to reach your destination is really less as compared to even travelling by private cars by roads.

Access To All The Parts Of The City – The network of the Kolkata metro railways is spread to the different parts of the city. This is why once you reach a metro station no part of the city is beyond your reach. On the basis of your chosen destination you can book a ticket to the nearest metro that will take you to that part of the city in no time.

Comfortable Travelling – Travelling by metro is super comfortable. Imagine yourself getting stuck up in a traffic jam in the sweltering heat! It is quite distasteful indeed. As compared to that the cool and comfortable ambience in the underground metro stations and the air conditioned metro railways are a great idea for travelling in any part of the day.

Cheap Fares – The fares charged for even the most distant metro stations is quite nominal. This allows people of all strata to use the services of Kolkata metro.

Secured Means Of Transport – Kolkata railways is one of the most secured means of transport that is under one of the tightest vigilance of the nation.

Apartments near metro stations have a very high demand. They are often pricier as compared to other properties. Try to book used properties for budget deals.

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Why Buy a Property for Residence in India?

Buying property for the purpose of residence is an investment that will help you through the thick and thin of life both in times of financial and emotional need. Currently, if you are staying in a foreign land but want to move to India once your work over there is done then it is perfect for you to invest in buying a property. If you are staying on rent and want to buy your own home then here is the golden opportunity. India is full of bright opportunities for residential property seekers. Get your own home and live comfortably with many added benefits as a homeowner in India.

Essential Aspects to Consider While Buying Residential Property

Considering to buy your own residential property in India? Then, here are a few aspects you should take note of while you select and buy a residential property.

First and foremost, make sure that the property you are looking into has no messed up legal history. You can hire a lawyer to help you check-up on the history and the background of the property.

Verify about your real estate agent and the property dealer directly before you sign a contract and start the negotiations. You can check out their registration number.

Also, it is important to consider the situation of the place that you have selected to buy your property in. Ensure that the place is trouble free and the neighbourhood is good for residential purposes. Ask about the safety and security of the surroundings.

Get to know your neighbours as they will be the closest point of contact for you once you move in.

You can get a quote on the property and compare the same with similar properties. This will help you to settle on a fair price with fair negotiations.

Check the facilities, transportation points and other amenities you can avail after putting up a residence from there.

Advantages of Buying a Residential Property

Being a homeowner has many additional benefits. You can take loans against your property in times of need and you can also apply for a reverse mortgage. There is no need for you to pay monthly rents. You can have your own space and live as you wish. Also, you can shift into your property whenever you want. You will have a profit of at least 20% by a margin if you are willing to invest in a project that is yet to be launched.

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Pro tips on decorating new home from scratch

Are you moving to your new apartment? If your answer is yes then it means you have to spend immense time in decorating your home right from the scratch. In case it sounds incredible to you, here are some solutions. Implement these while decorating your home and the mesmerizing results will right there in front of your eyes. So, watch out!

Always go for themes

An interior decorator who has decorated some flats in North Kolkata suggest that theme based decorating is the easiest and fastest way of decorating your home. To explain this in more simplistic terms, you actually need to think of some themes that you consider best for each of the rooms. Some of the themes that are worth considering for your home are the contemporary style, transitional style, modern décor, and so on. An expert is the best person to guide you on some of the trending themes in home decoration at present.  Therefore, consult an expert regarding this issue.

Separate out the decorating plan

You can ease the tension of setting up your new home properly if you segregate the entire home into rooms. Let us explain this clearly to you. Start the project of decorating your home by selecting a specific theme for a specific room. Now, paint the walls, set up the furniture and fixtures and install the harmonizing accessories accordingly for each of the rooms. Move on to the next room only when you have successfully completed decorating one room. This planned approach will work immensely in saving your time and easing your tension.

Go for the largest one first

A great way of overcoming the trouble of sorting out your new home is to start with the biggest room first. Basically, when you are able to successfully assemble the biggest room half of your work will seem to get over because most of the furniture will get installed in this room. However, do not dump all the furniture haphazardly in your room in the process, or else it will add to your troubles instead of easing the work. Always follow the standardized approach of selecting a theme first and then assembling the entire room according to the theme.

Paint and layer rooms

A professional approach of adding a completely new look to the room is to paint each of the rooms as per the theme you have selected and then giving a layered look to each of the rooms. If you are looking for clues on this, let us tell you that this layering effect can be done by keeping the main walls as the background and then installing layers of artificial walls over them in a systematic manner. You can place your furniture and fixtures too as part of your layering style.