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Victoria Realtors, being one of the premier real estate developers in Palakkad, has now taken the initiative to share quality information in the form of tips, travel blogs and latest trends to the masses. Our collection of best real estate blogs is a must read for all prospective home buyers and home owners to stay up-to-date on the latest happenings in the ever expanding real estate domain.

06-Jan-2020

Features of an Ideal Home

An ideal home is one which satisfies your needs and offers a comfortable ambience for you and your family. A home gives you an opportunity to express your aspirations and enjoy a lifestyle that you have always envisioned for yourself.

For most of the people buying a home is a lifelong investment, and it has to be a perfect reflection of everything that you dream. So when you choose to buy a new home, make sure that you consider all the features that make the home perfect for you.

Here are a few features that make a house an ideal home.

  • Size of the house

The size of the property is an important aspect to consider while choosing a new home. Your home should be spacious enough to accommodate the growing needs of your family. Choose a house with spacious and well-ventilated rooms so that it does not cause congestion.

  • Construction and Architecture

The quality of the construction and materials used is another significant factor to consider. An ideal home is one that needs little maintenance and is sturdy enough to last a lifetime. Well-designed spaces that are optimised to offer maximum utility should be preferred. The architecture, spatial planning and master planning of the layout should be accommodative of your family's needs in the long run.

  • Location & Connectivity

Your home should be located in a prime location to ensure a hassle-free life for you and your family. Easy access to supermarkets, educational institutions, hospitals, etc. will be beneficial for you at any time. Apart from this, quick access to public transports facilities will be an added benefit. Also, try to choose a home located close to your workplace to make life more comfortable.

  • Safety and security

An ideal home offers it's residents a safe and secure living environment. Strong doors and windows, advanced lock system, burglar alarms, round-the-clock security surveillance, etc. will prevent the entry of unwanted intruders. Most of the gated community villas provide excellent safety features to offer a tension-free lifestyle for its residents.

  • Appreciation value

An ideal home should also be an ideal investment. This means that your dream home must offer a good appreciation to ensure value for money. Factors like location, facilities, development etc. determine the rate of appreciation. Some locations witness rapid growth which leads to the increase in property values, while some other areas develop slowly. So it is always better to find a location with good growth potential.

  • Amenities

The home that you choose to invest in must ideally offer amenities like children's play area, recreation zone, walking trail, etc. Having in-house facilities that promote physical activity will help you to stay healthy and fit. Most of the modern residential projects will provide a range of these complimentary amenities.

  • A good neighborhood

Living in a good residential neighborhood can help you lead a happy and content life. Friendly neighbours, pollution-free locality, ample greenery, etc. can contribute to your overall wellness. If you develop a good social circle in your locality, you can rely on them in case of any crisis. So do a thorough study of the neighbourhood before you decide to buy a new home.

  • Lifestyle

Your dream home must offer you a lifestyle that you wish to enjoy. Some people might want a life close to nature, while some others might look for a home right in the city. So depending upon your needs, invest in a home that gives you the freedom to enjoy life as you have always dreamt.

If you are looking for an ideal home with the above mentioned features, we have the right bet for you - Chaithram villas in Palakkad located adjacent to the National highway in Puduppariyaram road is a perfect choice for those seeking a life of comfort and convenience close to all facilities. These Vasthu compliant villas offer a hassle-free lifestyle in a tranquil environment. Built on 5 cents of land, these 3 BHK villas are built across an area ranging from 1230 -1500 Sq. Ft. Villas at Chaithram offers a secure lifestyle in a good neighbourhood close to schools, hospitals, transport hubs and shopping centres. The project site is located just a 15 min drive from Palakkad town and 12 min drive from Olavakode. If you would like to book a site visit or know more details, get in touch with -Victoria Realtors.

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27-Dec-2019

Why Remodel Your Old House When You Can Buy a New One?

Why Remodel Your Old House when you can buy a new one?

Planning for a house makeover? If you think your home looks old-fashioned and worn out, then you may consider remodeling your house to get a fresh new look. Weather, age of the property, lack of maintenance, etc. are some of the factors which affect the structure of a home.

Most of us choose to remodel the existing house due to budget constraints as buying a new house may seem to be difficult and expensive. But if you can buy a brand new home at an affordable price then why bother to remodel an old house? Yes, you heard it right! You do not have to go through the hassle of remodelling a house as we are presenting a range of budget-friendly villas in Kerala with modern amenities and features.

With many years of experience in the real estate industry, Victoria Realtors has been recognized as the largest gated community villa developer in Kerala. We create affordable homes without compromising on quality and space. All our projects feature ample greenery and open spaces to offer a peaceful living ambience to the residents. Our villa projects ensure high value for money as they are placed in some of the choicest localities in the town.

The Nellies is one of our latest budget villa projects located just 100 meters away from the National Highway in Palakkad. The price of this villa home starts at just Rs. 18.3 Lakhs onwards. Buying an independent home will often come with the burden of repairs and maintenance, however, if you buy a home at The Nellies, you don’t have to worry about it at all.

Apart from the low price, there are many more reasons to own a new villa at Nellies.

Here are a few highlights of this villa project by Victoria Realtors:

• Comprising of 150 units, Nellies is one of the largest gated community developments in Kerala

• It is located away from the hustle and bustle of the city, making it a perfect haven away from pollution and the chaos of the city.

• It is located adjacent to the National Highway providing easy transport facilities and good connectivity

• The residents of this project are sure to enjoy a hassle-free life as they have quick access to some of the best educational institutions, healthcare institutions, supermarkets etc.

• The architectural style of these villas is modern, simple and visually appealing

• The homes are spacious and vastu compliant, ensuring a positive and nourishing environment for the residents

• Situated at the foothills of the Western Ghats, one can enjoy scenic views from the comfort of their home. You can live a healthy lifestyle by living close to nature.

• The residents can enjoy a carefree life as there is 24-hour security by HOA, which ensures the safety of the residents. CCTV cameras and the presence of a compound wall keeps unwanted intruders at bay, further enhancing the safety of the residents.

• Ample parking space is provided here for all villa homes

• Superior quality fittings and finishes are used to construct these homes

• Features homes with excellent quality of construction and workmanship

• If you choose to sell your home, then a brand new home is certainly going to fetch you a better price than older construction.

• With substantial experience in the real estate sector, Victoria Realtors choose locations that show great potential when it comes to appreciation in value. Thus, a home at The Nellies is not only a perfect getaway to lead a peaceful life, but is also an ideal investment.

• You do not have to go through the ordeal of repairing and renovating a used home to suit your needs as the brand new homes at The Nellies are crafted to suit your needs and requirements.

By considering all these advantages, we advise you to buy a new home at the same price that it would take to renovate your old house.

We are quite certain that you are all set to book a site visit to The Nellies. Book now, before the villas are sold out!

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05-Dec-2019

5 Best luxury villas/houses to buy in Palakkad

If you are looking for villas in Palakkad, it is likely that you have seen the wide range of villas offered by many builders. However, one must realize that there are some projects that are amongst the best owing to many factors like the builder's reputation, location, quality of construction, value for money, etc. It is important to shortlist nothing but the best for you and your loved ones, and we help you do just that. Here is a list of some of the best villas in Palakkad that you should definitely have a look at, for you might find your dream home amongst them. 1. Chaithram Villas Situated about 4.5kms from Palakkad railway station and adjacent to Puduppariyaram Main Road, Chaithram is ideal for those who wish to enjoy a life of comfort and convenience while staying close to all essential facilities. A perfect combination of superior quality construction, thoughtful design, and budget-friendly pricing, these Vastu compliant homes are a dream come true. Comprising of 3BHK villas, starting at just 35 lakhs, Chaitram is surely a great deal if you are seeking a spacious and luxurious home in Palakkad. You can enjoy a wholesome life in a safe and secure environment offered by one of the leading real estate developers in Palakkad. 2. Sobhanam Villas Located in Kozhinjampara, this endeavor by Victoria Realtors is envisioned to be the largest gated community infrastructure in Kerala. It comprises of 2 and 3 BHK budget-friendly homes that are built to offer a well-rounded life at an unbelievable price. Residents can enjoy a peaceful life in a pollution-free environment in which Shobanam is nestled. If you are looking for a home that is away from the hustle of the city while staying close to facilities like schools, hospitals, etc, Shobanam is the perfect option for you. Starting at just Rs. 25.58 lakhs, homes at Shobhanam are perfect for those who are looking for their dream home within a budget. 3. Amrutham Villas Amrutham is another exclusive villa project from Victoria Realtors located in the historic town of Kottayi in Palakkad. Lush green landscapes and a tranquil environment welcomes inhabitants at this villa project. Situated in close proximity to the NH, residents can enjoy easy access to the city. With 24 hours security and a host of other amenities in tow, this villa project from South India's leading realtor is sure to offer a wholesome life to its residents. If you are someone who prefers to enjoy a peaceful living environment close to nature, Amrutham is the ideal choice for you. With 3 BHK villas starting from just 27.5 lakhs, villas at Amrutham are well suited for those who seek a perfect home in a budget. 4. The Nellies Villas The Nellies is one of Kerala's largest settlement of gated community projects in Palakkad. Located in Vandithavalam, this project is ideal for those who are seeking a home away from the crowd. Choosing a home in this gated community gives you an opportunity to enjoy scenic views and a tranquil life amongst the natural bounty that it is surrounded by. Envisioned to offer a lifestyle on par with global standards, homes here are a perfect blend of quality construction, modern design, and affordable pricing. Starting from just 18.3 lakhs, the 2 and 3 BHK villas at Nellies offer a life of comfort and convenience to its residents. As it is located adjacent to the highway, commuting is not a hassle. Added to this, the presence of reputed schools, colleges, healthcare institutions, etc. further, enhances the appeal of this limited edition project. 5. Victoria Prarthana If you wish to reside in Pirayari, Victoria Prarthana is the right option for you. This unique range of 3BHK villas come with a host of world-class amenities. Crafted to offer a luxurious lifestyle, each villa in this project comes with a media room and a utility room. These luxury villas offer maximum privacy, safety, and security to its inhabitants and are sure to redefine luxury living in Palakkad. By staying here, you can relax in the lap of nature as Prarthana is cosily tucked amidst ample greenery and natural beauty. These homes are priced from 50 lakhs onwards. The superior quality construction, along with contemporary design, makes them all the more appealing for aspiring home buyers. If you are looking for a signature home, a villa at Victoria Prarthana is the perfect option for you. An ideal home is more than a mere shelter. It should offer an environment for the healthy and positive development of its residents. Privacy, comfort, and proximity to essential facilities should be on top of your checklist while looking for your dream home. The projects listed above are sure to offer you a wholesome life in a safe and serene environment. We are certain that you have already shortlisted one of the above projects for your dream home, if you haven't, hurry! It's time to make your dream of owning a villa a reality.

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22-Nov-2019

Top Things to Know While Buying a New Home in 2020

Buying a home is a 'dream come true' occasion for most of the individuals. But most often finding the ideal home is a big challenge as there would be so many properties listed for sale in the market. From finding a good builder to getting finances ready, the process can turn out to be extremely overwhelming. However, if you can identify the most important considerations before making a purchase, it is definitely going to help you to make the right choice.

So how do you choose the right property? What are the basic qualifiers you need to check before you finalize the investment decision? Here are some home-buying tips that will help you pick the right home this coming year. 

Location & Accessibility 

A property located at a prime location will have a high-value appreciation in the future. So, always ensure that you choose a property that has a high appreciation value. Proper roads that lead to your apartment or house are a must for safety as well as accessibility. Thanks to the rapid development in the real estate sector, now you can find comfortable housing options located close to schools, hospitals, shopping centers, etc. Staying close to your workplace and having easy access to facilities that you need on a day-to-day basis are top factors that you must consider while buying a home. 

Budget & Affordability

Your budget and affordability are important factors to consider while looking for a new home. If you invest in a property that is beyond your affordability, you will end up paying a high EMI and hence will get into trouble very soon. In that case, you may have to take further loans which will only increase your debts. So it is better to invest in a home you can afford for the time being and then as you progress in your life, consider buying a bigger house. Analyzing your expenses and zeroing in on a budget will help you streamline your choices. 

Reputation of Builder

Whether it is an apartment or a villa, it is always better to do a background study about the builder to be on the safe side. Since you will be spending a significant amount of your savings to buy your dream home, make sure that you are investing in a property that is built to last. We advise you to do a detailed analysis of the brand's history, quality of construction, customer feedback and past projects to get a fair idea about the builder's reputation. Reputed builders will always ensure good quality of fittings and provision of all modern amenities. Construction delays have become very common these days, and if you are buying a property under construction, this will be a concern. But if you are choosing a reliable builder, they will ensure on-time delivery of projects. 

Type of Property

Everyone will have a different requirement when it comes to their dream home. Depending on your preference for space, privacy, and other features, you can choose between an apartment or a villa. Apart from this, ample greenery, a pollution-free environment, clean water and convenient access to daily necessities should also be considered while choosing your dream home in the coming year. If you choose to have more privacy and space, buying a villa is the best option. Villa communities will offer perks like spacious car parking, garden and other common amenities like a pool, clubhouse, security, etc. If you like to socialize more and have a compact living space, then you can choose to buy an apartment. 

Age of the Property

If you are buying an already existing property, always check for the age of the property. The condition of the property, renovation costs if any are some of the factors that you must consider if you are buying a home from another owner. As the property gets older, the resale value recedes further. So when you are planning for a real estate investment, choose new constructions or those below 5-6 years of age. With reputed builders like Victoria Realtors offering villa homes at affordable rates, it is always better to go for a brand new home. 

Amenities

Whether it is a gated community villaor an apartment, the basic facilities and amenities offered can influence its value and appreciation. Homes with modern security systems and recreational space fetch better value than those without these facilities. Apart from this, well-maintained roads, waste management facility, power back-up, kids play area, garden, etc. are also some of the amenities that you must look for to ensure a healthy and wholesome life for your loved ones.

Maintenance & Post-sales service

While the journey of buying a home can come with its ups and downs, the process of occupying it and residing it is a new experience by itself. Reputed builders offer great post-sales service and help you take care of any repairs or maintenance work that may be needed for your home after purchase. This is especially important in the case of NRIs who are either planning to rent the property or buy a home as an investment.

Our lives are getting busier, and in such circumstances, it is necessary to choose a builder who offers reliable post-sales services. 

Seek The Help of Home inspectors

Most people overlook the idea of conducting a home inspection before buying a property. A detailed home inspection will help you find structural defects of building, plumbing and leakage issues, cracks and damages if any. Water and power supply are two other important aspects to be checked while inspecting a home. So before you purchase a property, do a thorough inspection of the house with the help of a reliable home inspector. 

So, why wait? Make the most of all these tips and invest in your dream home this coming year!

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05-Nov-2019

Tips To Save Space In Your Home 

Be it a large villa or a compact apartment, proper planning and space optimization is essential to ensure that your home doesn't look small and congested. A well-designed home is one that is flexible to adapt to the constantly changing needs of the family that it accommodates. The architectural planning should be such that it ensures functional spaces avoiding the presence of dead spaces. You do not have to be an expert in the industry to do space optimization in your home. Follow these interesting tips to make the most of the spaces you have in your home.

Some areas in the house need special attention and the kitchen is one of them. Since it is a space that is most important for you and your family, you must ensure that you have ample space to work comfortably. If you feel that your kitchen is small and congested, consider these tips that will help to make your kitchen look large and spacious.

Colour palette and wall treatment

Irrespective of how big or small your kitchen is, we'd strongly recommend that you stick to a light colour palette. Lighter colours make the spaces look more bright and large thus making your kitchen look large and airy. Likewise, choose tiles with minimal and small designs in order to create an impression of spaciousness. Also, avoid too many contrasting patterns, textures and designs to make your space look large and tidy.

Opt for open shelves

Yes, we are going back in time, as open shelves are yet again replacing closed cabinets. Closed overhead cabinets create a sense of claustrophobia and make a space look really congested. Opting for open shelves will make your kitchen look larger and will also provide you with space that is unrestricted.

Include a kitchen island

If your kitchen has enough space, you should definitely consider getting an island. Having an island in the kitchen is a great asset as it not only provides extra workspace but it also comes with extra storage that you can use to store away things that you use frequently. Kitchen islands come in varied sizes and can be used as worktops and as breakfast tables too.

Keep it clutter-free

This is something that you must practice religiously to make your kitchen look clean, large and well maintained. Clutter is a real problem in every home, and not getting rid of unwanted things is often the biggest reason why your home may look messy and small. Sticking to a routine and getting rid of waste, not just in the kitchen but in every part of the home will help you make the most of the space that you have.

Now that we have taken care of the most crucial section of the home let us look at some tips that you can use in the rest of the home to save space.

Stackable furniture

We urge you to choose stackable furniture for your home. If you are a social person, you will understand the challenges you face to accommodate all your guests. This is where stackable furniture comes to your rescue. It could be stackable stools, chairs or even side tables- having these handy will help you add more furniture to your home when needed. As these are very easy to store, they can be stored away when not needed, thus making the most of your spaces.

Adjustable furniture

Adjustable furniture, another essential in today's times, is a great addition to every home. Items like sofa cum bed, expandable dining tables etc are great and help you optimize and make the best use of the space that you have. You can find many options that come in varied qualities, sizes and prices.

Choose wall storage

Having storage that occupies floor space is a big no if you are looking to optimize spaces. Wall-mounted shelves, hanging temporary racks etc. are your best options if you are looking to make your home look large and spacious. Replace that chunky shoe stand with a hanging shoe rack, choose wall shelves instead of a chest of drawers as they not only take up less space but are easy to assemble and dismantle too.

Choose minimal decor

You may have experienced a sense of suffocation or anxiety in rooms that are full of textures, rich colours and too many patterns. Another trick to optimize the space in your home is to go for minimal decor. Usage of a single colour- ideally a light shade with similar or same coloured upholstery creates an illusion of spaciousness. You could pepper this simple look with a splash of colour, but maintaining a single tone in your interiors can do wonders to your space.

You do not have to burn a hole in your pocket to make your home look good and airy. We hope that these simple tips will help you make the most of the space you have in your home.

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23-Oct-2019

Advantages Of Living In A Gated Community

Buying a home is a dream which we cherish all our lives. It is an investment of a lifetime, and we are constantly working towards owning our dream home. So you should choose the right type of home that will cater to your needs of today and that of times to come

If you are an aspiring home buyer, you may be spoilt for choice with the many options that you see in the real estate market. Independent homes, plotted development, budget apartments, luxury apartments, villas - the list goes on. For most of us, safety and comfort are two top priorities when it comes to home buying. Keeping this in mind, builders are now focusing more on gated community villa projects. Homes which are enclosed in a gated community have many advantages as compared to standalone houses. More and more people in Kerala are now opting to invest in gated community villas. Let us discuss the benefits of living in a gated community.

1. Safety and security

Almost every gated community project comes with a strong security system to prevent the entry of unwanted miscreants or intruders. A reputed builder will offer a combination of ground staff and CCTVs that will offer better security, and you can be at ease knowing that your home and loved ones are in a safe environment. Be it your aged parents, or your children, the safety of your family and your assets will not be compromised upon in a gated community.

2. A reliable neighbourhood

If you choose to live in a gated community, you are not just choosing a home, but an entire neighbourhood. Living in a gated community gives you a chance to live alongside like-minded individuals who can go on to become good friends and people that you can count on. For example, if you choose to live in a high-end gated community, you will be living with people of similar social standing and of a similar mindset which helps you and your family to blend in comfortably. Your wife will surely find a friend to bond with, your children will have scope to make life-long friendships, and your parents will never get bored as they are sure to strike a bond with someone like them. Hence, living in a gated community gives you access to a good neighbourhood.

3. Quality of spaces

Gated community villas are often built on large plots which gives you a chance to live in spacious homes. Unlike apartments, villas are not compact and come with larger living spaces. You can enjoy maximum quality of living spaces as each house will be an individual entity and free from the influence of the other houses around. It is not just the indoor spaces, but the layout of the entire project, good internal roads, sufficient street lighting, hygiene etc. will also be taken care of in a gated community, making your life pleasant and peaceful.

4. Ventilation and open spaces

Gated communities come with lush landscaped areas, gardens and more open spaces compared to apartments or independent homes. You can enjoy enough set back around your villa, a large portico and even a garden space, apart from the common parks and green pockets. Since there are no shared walls or need to compromise on ventilation, you can have large openings and windows that provide plenty of natural ventilation throughout the day.

5. Land ownership

Irrespective of which home you buy, you are the owner of it, but living in an apartment may not give you the sense of ownership that living in a villa can offer. As it is built on your exclusive patch of land, you will feel more comfortable and have a sense of ownership of your home. This may not occur in an apartment where lots of people are staking a claim in the same parcel of land. Though you may have a claim on the land, it isn't same and as gratifying as owning a villa.

6. Privacy

Privacy is another major advantage you will have while living in a gated community villa. If you were to build a home independently, or if you lived in an apartment, due to lack of setbacks or due to sharing of walls, you may not enjoy complete privacy. But living in a villa gives you the luxury of having your own private space without the inference of the outside world.

7. Amenities

Gated communities give you access to many amenities that you may not enjoy while living in an independent home. You can enjoy unlimited access to facilities like gym, swimming pool, party area, etc. which are located in the premises of your home. Apart from this, you can also have access to kid's play area, outdoor game facilities, indoor game rooms etc. You and your family can lead a comfortable and healthy life if you are choosing to buy a gated community villa.

8. Good location

Reputed builders often do a lot of research before choosing a project location. They consider many factors like access to the city centre, road conditions, presence of other facilities like educational institutions, hospitals etc before they zero in a location. Hence, when you buy a villa from a good builder, you don't have to worry about the location or property appreciation value. This will reduce your burden of researching about the housing locality and concerned factors.

You can truly enjoy a life away from the hustle and bustle of the city by choosing to live in a gated community. Gated villa homes offer you a chance to lead a wholesome and well-balanced life in the lap of greenery and comfort. We hope these aspects have helped you gain more clarity about living in a gated community. Now it's time you find the right home for you and your family.

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11-Oct-2019

2020 - The Best Year to Buy or Build a House

Owning a home is a long-cherished dream for many among us. There is no denying the fact that time is a crucial factor for many of the decisions that we take in our lives. If you are a prospective homebuyer, the year 2020 is a perfect time to invest in a new home in Kerala. The following are a few tips that will help you decide whether it is the best time to buy your dream home.

  • It is important to analyze your personal financial status before investing in a new house. You should evaluate your capability of managing a home loan, property taxes, insurance, utility expenses, etc. to ensure that you are ready for the investment.
  • Economic factors including inflation, market conditions and cost of living affect interest rates. If you are taking a home loan, it is better to buy a home when the interest rates are low as it will reduce your burden of monthly installments.
  • Rental income is a significant source of income for homebuyers if you are buying a property for investment or tax exemption purposes. So choose a home in a good location which has a high demand for rentals.
  • Never plan to buy a home based on your future income. You should anticipate circumstances like a job change, business loss or other factors that may affect your income. The more amount you invest in a property, the more risk you will be facing. So, always make sure that you have a back-up money plan before investing in a new house.
  • When the real estate market is healthy, the builders will offer competitive prices for properties. It signifies that there is a good demand among buyers. So, keep a track on the real estate market trends and invest in the right property when you get a good price deal.

Why 2020 is the best time for homebuyers in Kerala?

Rapid industrial development

Kerala is home to many Tier-II and Tier-III cities that are now witnessing rapid growth in terms of infrastructure and property value. Infrastructural development in a locality brings about an increase in the values of property in and around its vicinity. Kerala is now home to various global IT hubs located across cities like Kochi, Trivandrum, Calicut and Thrissur. These technology centres has brought about a huge rise in demand for residential properties. The state is attracting a lot of realtors owing to the high demand for housing & rentals. Kerala is one among the top destinations in India for real estate investment.

Spacious homes at best prices

Realtors are launching exclusive luxury villas across many cities in Kerala. These independent villas are equipped with modern lifestyle amenities and are available at competitive prices. Moreover, these villa projects are set in a beautiful and eco-friendly environment and let the owners lead a comfortable and wholesome lifestyle.

Low-interest rates

More customers are investing in a new home as the banks are offering low-interest rates on home loans. Most of the banks currently offer loans at interest rates ranging between 8.3-9%. According to new RBI rules, banks have to link all new floating rate home, auto and other retail loans to external benchmarks from 1 st October 2019. So for borrowers whose home loan rates are linked to the repo rate, the EMIs will come down when the rates are reset depending on the change in repo rate. For home loan borrowers whose home loan rates are linked to the bank's MCLR rates, the EMIs are expected to fall as banks gradually lower their rates.

Favorable Government rules

RERA (Real Estate Regulation and Development) Act and other favourable schemes introduced by the government ensures the credibility of real estate properties and related legal formalities. RERA has brought about certain rules to ensure the accountability and transparency of real estate transactions. This act has come to effect across many South Indian cities like Bangalore and Coimbatore. Much to the relief of homebuyers, we expect that RERA will soon be implemented in Kerala also.

Lower GST rates

The year 2019 has seen a reduction in the GST rates since April 1, which is an outcome of the 33rd GST council meeting. The GST rates were drastically reduced for under-construction projects to 5% from the earlier value of 12%. The affordable housing sector has now a reduced GST rate of 1%. This is indeed a positive sign for those who wish to buy properties in Kerala.

Best time for NRIs to invest

The state is also witnessing rapid growth in terms of infrastructure with the construction of new International airport terminals, Metro train services, Shopping malls and other road transport facilities. By considering all these factors, more and more NRIs are opting to invest in Kerala. NRIs can avail home loan facilities from any RBI approved bank at 80% of the value of the property. Besides these factors, the regulatory reforms of the government prove that the coming year is the best time for the NRIs to invest in Kerala.

We hope that you found this article beneficial. Now go ahead and invest in your dream home without any ado.

Victoria Realtors is one of the largest gated community developers in Kerala and offers exclusive villa projects in Palakkad, Ottapalam, Thrissur and Coimbatore. Please get in touch with us to schedule a site visit.

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23-Sep-2019

Villa Vs Apartment – Which One To Choose?

If you are an aspiring home buyer, you may be weighing the different home options that are available in your preferred location. Buying a home is no simple task and added to it the many options available might leave one spoilt for choice. While there may be many properties that are built to suit your budget, architectural preferences or to cater to different spatial requirements, there are predominantly two types of homes that you can buy from a builder - villas and apartments. Both may come with the same set of shared amenities, but various features set them apart. Here is a brief comparison of villas and apartments, which will help you pick the right home that suits your needs.

•Location

Many often, villas are located slightly away from the heart of the city. Since villa projects need larger space, they are often placed in the suburbs. Villas are individual homes surrounded by large open spaces. These homes let you lead a peaceful life away from the hustle and bustle of the city. Apartments, on the other hand, are more compact and can be found both within the city limits and in the suburbs. Depending on the kind of ambience you wish to enjoy, you can pick a villa or an apartment based on the location.

• Architecture

The style of architecture can also be a determining factor for many home buyers. While most apartments are contemporary in their design, you may find villas that are both traditional and modern in style. Villas can be built by adopting local indigenous styles that are reminiscent of traditional homes that we grew up in, while apartments come with modern and suave designs to fit the urban cityscapes. You can choose between villas and apartments as per your choice of design.

• Spatial planning

Quite naturally, villas and apartments come with completely different spatial planning. While apartments offer more compact spaces, villas offer large and more open spaces. Most of the modern home buyers seek compact homes for the ease of maintenance, but if you wish to enjoy a more relaxed and peaceful life, villas may be a better option for you. One can enjoy the luxury of having a garden space, ample parking area and large utility spaces while living in a villa. On the other hand, apartments greet you with swanky balconies and smaller utility spaces. Many villas are either single-storeyed or double-storeyed, giving one the feeling of living in an independent home. Apartments units are mostly restricted to a single floor, barring a few exceptions where you may see apartments which are designed in a duplex style.

• Privacy

No shared walls and sufficient set-back between homes allow residents of villas to enjoy complete privacy in their homes, as compared to apartments. Apartments do not assure a lot of privacy due to shared walls and close proximity between the homes. So, if you are looking for more privacy and personal space, you can consider buying a villa home.

• Community living

Due to the compact and cluster design of apartments, the residents can enjoy living in a more close-knit community as compared to independent villas. When you stay in an apartment, you can interact and bond with your neighbours easily. Hence, in an apartment, you will have more opportunities to socialize as compared to a villa community primarily due to the distance between the homes. Many often, the residents of villas will be busy in their own personal space and may not favour socialising with their neighbours. However, in both, the presence of common lifestyle amenities and house owners associations can help to encourage interaction between the residents.

• Safety and security

While both villas and apartments are gated developments and feature round-the-clock security services, apartments can be considered to be more secure than villas. Due to the close spatial arrangements, an apartment complex will have more people and activity around. A villa home will need CCTV cameras and additional security to have close-monitoring of each home.

•Parking

You may enjoy larger parking spaces while residing in a villa as compared to an apartment. Most villas come with multiple parking spaces while apartments may come with a single or limited parking space in the basement. Of course, one can always request for an additional parking slot in an apartment at an additional cost while this may not be necessary in a villa as there is already sufficient space provided.

• Ease of alterations and expansion

Most villa projects and apartments come with a standard design in terms of spatial planning. Villa projects mostly adopt standard facade designs for the sake of uniformity; however, there is a larger scope for personalisation in a villa as compared to an apartment. Since a structural grid is in place in an apartment, there is very little or no room for customisation of spaces while no such restrictions are present in a villa. If you are choosing a plotted development, the restrictions are further relaxed as you can build a home completely based on your preferences, free of any fixed prototype.

• Lifestyle and symbolism

Apartments come at different prices and are built for different purposes. You may find both budget flats and high-end projects that promise a luxurious life while looking for a home. However, villas have always been recognized as a symbol of status and fine living. One can completely enjoy a private life in a villa which is not the case in an apartment. Thus villas are considered as a choice for the elite few. While many apartments may claim to offer a luxurious life, villas have always been considered as the ultimate choice for those who are looking for uncompromised luxury and comfort.

These are some of the major determining factors that you can consider while looking for your home. Each person's needs and aspirations vary, but the factors mentioned above must be considered irrespective of your personal preferences. We hope that this comparison between villas and apartments will help you make a more informed decision while buying your dream home.

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12-Sep-2019

Renting a House Checklist in 2019

Looking for a home for rent can be a tiresome task. Going through the many rental property listings, ensuring that they fit your requirements and your budget and then moving in can be a long process. However, having a checklist that comprises of essential factors will make this task easier and more efficient. Every person will have different requirements and what they seek in a home varies from person to person. We have rounded up some tips that will help you pick the best home to rent. Read on to make your own checklist for renting a home.

House Location

The location of the home plays a crucial role in the wellbeing of your family. From having access to everyday essentials like shops, schools and hospitals to having good transport connectivity, the location of the property is a major factor to consider while renting a home. If you are already aware of the best residential localities, it is ideal to make a list of preferred locations in the order of your choice. If you are unaware of the localities, it is better to interact with a few local residents to get a glimpse of life in these locations. While the owner might be full of praise for what he has to offer, you must ensure that you are choosing a home which is located in a safe and well-facilitated neighborhood.

The reputation of the Builder/Owner

If you are opting for a rental apartment or villa, doing a background check about the builder and the owner is important. A good builder offers quality construction and well-planned spaces that you can live in and enjoy a hassle-free life. While you tick off the builder from your checklist, you must also check the reputation of the property owner. Factors like the owner's temperament, behavior with tenants, his past record with respect to renting properties and his authenticity must be verified through reliable sources. This background verification will help you to avoid unnecessary disputes related to money and home maintenance.

The legal status of the property

This is one of the most important factors to consider while you are renting a home. You may not be buying the property, but a home that comes with any legal issues can be an unpleasant affair. Making sure that the home you wish to rent is legally clear of any ambiguities must be on top of your checklist. Once you have zeroed in on a property, it is advised to seek legal help to verify the property status to ensure a pleasant stay in the home.

Maintenance and amenities

If you are planning to rent a home in a community housing project, it is important to check the amenities and maintenance services they offer. Most often, the addition of the maintenance cost can make the home more pricey. You must be informed about the various amenities offered in the house and whether you require them all. Some of the amenities may not come to your requirement, but you will still be liable to pay for the same. Hence it is strongly advised to add the amenities you prefer to the checklist and tick them off while looking for a rental home.

Electricity meter reading

This is another major factor that must be on your checklist while you are looking for a home to rent. The different meter readings for water, electricity etc. should be up-to-date and free of any dues. You should ideally check all pending monthly bills for the home to understand their authenticity. If you notice any concerns, you should inform the owner immediately to get it clarified.

Planning and construction quality

While you may have ensured that you are choosing a home from a good builder and a genuine owner, the structural factors of the home should also be considered. The quality of living spaces and natural ventilation should be looked into while shortlisting different homes. Apart from this, construction quality, finishes, age of the home, fittings used etc. should be checked to make sure that the home offers a comfortable living atmosphere. If you have any concerns or find any damages, it should be brought to the notice of the owner immediately. This will help to avoid any accusations that may arise at a later date. Apart from this, the strength of locks, sound wiring, water supply etc. must be checked to ensure that your home is safe and well-equipped.

Agreements and other documents

Now that you have gone through the points that you need to add to your checklist, the last and most important point to add is the verification of documents. Seeking legal help to understand the rental document and its finer nuances is essential. Understanding the rental clause and signing the documents will help you move into a home with much ease and peace of mind. Any ambiguities or terms that do not suit your preferences can be worked upon based on a discussion with the owner.

Insurance

Insurance is another factor that must appear on your checklist that will help you find the perfect rental home for you and your family. You must choose trusted rental insurance that will ease your burden in case of any damages or accidents. You can compare different insurance policies and choose what works best for you and your family.

Renting a home does not have to be tiring and time-consuming, and this can be achieved by making a checklist, as discussed above. The factors listed above are some of the core factors that determine the credibility of a rental home and more points can be added based on your individual needs and requirements.

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21-Aug-2019

8 Simple Kitchen Renovation Ideas for 2019

Good food is what brings a family together and that’s why we say that the heart of a home lies in the kitchen. Kitchen is not merely a room to prepare food but a special gathering place for the family. From quick bites to heart-to-heart conversations, many good memories are made in the kitchen. It is probably the most used area in your entire house.

If you are looking for kitchen remodel ideas it can be confusing as you may not know where to begin, or what to change. Even though your kitchen is one of the most loved spaces in your home, you might not want to spend too much money on a renovation. The good news is that kitchen renovation will not cost you much unless you are planning to have a complete makeover. You can go for easy kitchen remodelling solutions like a fresh coat of paint on the walls, adding some cute planters or a new artwork. So whether you are renovating an existing kitchen or planning to deck-up a new one, here are 8 simple kitchen renovation ideas you can try without burning a hole in your pocket.

1.  Wall Art

Spruce up your kitchen walls with some vintage paintings or a few personal artworks. Take advantage of those empty kitchen walls to display your creative work or favourite family pictures. You can also create your own canvas art with a favourite phrase or quote to bring a positive vibe. Hanging ceramic designer plates is also another new trend in kitchen décor. If you like to have a wall clock in your kitchen, pick up a fancy or vintage designer clock.

2.  Open shelving

One of the easiest and most cost-effective ways to update your kitchen is to replace wooden cabinets with open shelves. These open shelves can be made of wooden slabs or glass. You can utilize the open shelving in your kitchen to display fancy utensils and collectibles. Add a personalised touch by arranging photo frames, flowers and your favourite cookbooks. So if you have some vintage crockery or precious souvenirs, don’t hesitate to show it off in your kitchen.

3.  Glass cabinets

If you love transparency, replace solid wooden or metal cabinets with designer glass cabinets for a stylish new look. The benefits of having glass cabinets are many. The first advantage is that you will be able to see the contents and so it will help you to locate things easily. Modern glass cabinets give you the privilege to safely exhibit your precious glass and kitchenware.

Using accent lights to highlight the contents enhances the overall appeal. If you like to have some privacy, you can also opt for frosted glass or tinted glass doors which doesn’t reveal the stored contents.

4.  Paint it

Adding colour is the easiest way to remodel your kitchen. So, if you had been longing to have a kitchen revamp, simply go for a fresh coat of paint. White, ivory, yellow, red, green, blue and grey shades are all popularly used for kitchen walls and accents. If you would like to go trendy, choose colour pops for the kitchen cabinets and wall shelves. If you wish to make a small kitchen look more spacious and elegant, try an all-white kitchen theme. Yellow colour can make the room look bigger and brighter. It goes well with white and grey shades. It is believed that warmer colours such as red stimulates the appetite and are best suitable for kitchens. Green is a soothing colour that can present an earthy vibe to a kitchen when paired with wooden accents.

5.  Indoor plants

Add more life to your kitchen by introducing cute planters with indoor plants. Growing herbs and leafy veggies will not only bring an aesthetic appeal to your kitchen but will also present edible stuff to add in your recipes. You can try growing mint, basil, parsley, spinach and curry leaves. Keep the pots near the window sill to ensure a daily dose of sunlight. If your kitchen sink is facing the window, keep the planters near it so that you will never forget to water your plants.

6.  Backsplash trends

Kitchen backsplash is the space between the countertop and the bottom portion of the wall cabinetry. Backsplashes protect your walls from splashes and spills. It is a space which is often overlooked while considering a makeover. Getting a new tile backsplash is one of the most cost-effective ways to style up your kitchen. The options to experiment with colours, patterns and texture here are endless. You can introduce materials like natural stone, glass, patterned tiles, coloured glass or wood to pep up the overall appearance of the kitchen. Ceramic, glass tiles and porcelain are ideal choices for kitchen backsplashes because these surfaces are heat-resistant and easy to clean.

7.  Use bar chairs

All modern kitchens are now integrated with a functional dining space. If there is an existing island in your kitchen, you can introduce a few bar chairs to create a stylish dining area. Bright coloured bar chairs will add some personality to a neutral kitchen.

 You may also choose a colour which is in contrast with your kitchen walls. These barstools come in a variety of designs and materials. Rustic wooden stools and colourful metal bar stools are in vogue nowadays.

8.  Bring Patterns

If you like to play with patterns, go for a designer rug sporting geometric or floral patterns. You can also try bright and patterned wallpapers for the kitchen walls. When you choose the wallpaper, make sure that it pairs up perfectly with the colour theme of your kitchen. If you are planning to revamp the floors, try patterned tiles to add a vintage touch.

Hope you will try these simple kitchen renovation ideas to bring a new look and feel to your kitchen. If you are planning to buy a new house, look for homes that feature a spacious and well-ventilated kitchen layout. If you have any custom design ideas or colour choices, it is better to speak with the builder beforehand. Victoria Realtors, one of the leading builders in Kerala, has a range of luxury villas in Palakkad. Drop into our project site to get a glimpse of our architectural designs and complimentary amenities.

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05-Aug-2019

Smart ways to save electricity at home in 2019

Worried about your rising electricity bill? Being mindful and making some changes in your day to day habits can bring about great savings on your monthly electricity charges. Saving electricity is the need of the hour as it takes up a significant part of our monthly savings and also leads to global energy wastage. Thus energy saving is not only an individual requirement but is also essential for our planet.

The first step towards saving electricity is to prepare your mind for the same. You don’t necessarily have to spend too much money on buying energy-efficient products to reduce household electricity usage. There are a few simple and smart ways to save electricity free of cost. You can start by adopting a few useful daily habits, such as turning off a light or home cooling unit when not required. If you are planning to buy a new appliance, choose products which are energy efficient. Even though the initial cost will be a bit on the higher side, it will pay off in the long run. Installing a home energy monitoring meter can help you understand which appliances are using more electricity on a daily basis.

Following are a few practical and cost-effective ways to reduce your electricity bill.

Use air-conditioning wisely

Home air-conditioning units contribute to a major part of the household electricity bill. If you are using A/c in your home, make sure that you switch them off when the outside weather is pleasant. During summer, you can use large screens or dark curtains for your bedroom windows to block sunlight and keep the rooms cool. Whenever you use the A/c, close all windows and doors tightly for faster cooling. Closing the room doors when you step out of the room helps to retain the air-conditioning effect even after switching it off. During the night, try to switch on the A/c for one or two hours, let the room cool and then switch if off. You should also consider replacing old air-conditioners with better energy-efficient systems to save more electricity.

Minimal use of heating appliances

Hot water geysers consume a large amount of electricity as compared to other appliances. Even though you will be tempted to take long hot showers, try to minimise their usage time to enjoy great energy savings. Avoid the habit of switching on the geyser before taking bath. Switch it on when you are ready for bath and switch it off immediately after the use. Even if you are using a geyser with auto-off features, practice this habit to stop wastage of electricity. You can consider installing solar water heaters if you live in a place where you receive ample sunlight. Are you regularly using a hairdryer to dry your hair? You can save more power if you choose to let your hair dry naturally after a shower.

Adjust the home lighting

Let in natural light during the day and minimize the use of overhead lights. Avoid using porch lights and garden lights during the night. Instead, you can consider installing lights that switch on automatically with motion sensors. Avoid using incandescent bulbs and shift to CFL bulbs or LED lights. Also, use LED tubes or T5 fluorescent tubes for better energy savings in common areas like the kitchen, living room, etc. Thus you would save a major portion of your electricity bill by installing low energy lighting systems in your home.

Unplug all devices

Most of the home appliances like televisions, set-up box, speakers, cordless telephones, computers, and charging devices draw power even when they are switched off. This energy loss is called as standby power or vampire power.  Stand by power accounts for 5 to 10 % of household energy usage. So instead of switching off these devices when not in use, unplug them from the power outlet to save electricity.

Adjust your washing habits

Avoid using the washing machine daily with half-load, instead, wash clothes thrice a week or wait till you have a full load. Skip the drier, if you have provisions for hang drying the clothes. If you are using a dishwasher in the kitchen, make use of the economy cycle and ensure that you are operating it only when it’s full. These are effective methods to save water and electricity.

Save energy while cooking

If you are looking for ways to save electricity bill at home, you must know how to save it in your kitchen. You can enjoy great savings if you are ready to change a few kitchen habits. If you are using an electric oven for baking, try to do batch-cooking to avoid pre-heating the oven several times. Whenever possible, cook in a microwave instead of an electric oven. Microwave ovens use much lesser electricity than conventional electric ovens. While using an electric stove, use lids to cover the top of your cooking vessel, which will reduce the cooking time and also electricity.

Refrigerator power saving

A refrigerator accounts for 15% of the total household power consumption. Keep the fridge about half feet away from the wall to allow continuous airflow. This will help heat generated by the motor and compressor to escape quickly and save power. Never place the fridge near heating sources like direct sunlight, oven, cooking range and radiators. It is advisable to keep the fridge full to retain the cooling inside. However, do not stuff it with a lot of food items as it will block free air circulation. However. Allow warm or hot food items to cool down well before placing them in the refrigerator as otherwise, it will take more power for cooling. Avoid opening the fridge door frequently to maintain optimal cooling inside. Regularly defrost the freezer to prevent the accumulation of ice. Ice acts as a layer of insulation and will increase the cooling time. During winters, set the cooling to minimum to save more energy.

Use of computers

Your desktop computer draws a lot of power, especially if you have activated screen savers. During idle time, adjust the setting to sleep or hibernate mode to save power. This helps to reduce energy costs by approximately 40%. Pull the power cables and laptop chargers out of the power socket when the device is not in use. It is ideal to use a laptop computer as laptops use up to 80% less electricity than desktop computers. Typically a laptop consumes about 60 Watts of power or even less while desktops can use up to 200 Watts of power.

Finally, if you are buying any new appliance for your home, go for energy-efficient products to increase power savings. We hope that you will try these simple tips to save electricity at home.

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22-Jul-2019

Best Ways to Increase Natural Light in Your Home

The health of a human being is highly influenced by his/her home and surroundings. The nature itself is a treasure trove of nutrients required by humans to lead a healthy and balanced life. Sunlight is one such gift of nature that is packed with vitamin D essential for our bodies. Unfortunately we overlook the significance of sunlight in our daily lives. It is high time that we analyse the amount of sunlight that we are exposed to while we are indoors. However it is refreshing to note that people are increasingly looking for ways and means to improve natural light in their homes. Here are a few techniques and tips to keep in mind for getting natural light into a dark room.

1. Too much greenery can block the natural daylight

Trim the plants, bushes and trees outside your home that have especially grown big enough to cover the doors and windows. This is because these plants block the sunlight from entering your house. Having green cover near your home is good for you and your family but it should not prevent sunlight from coming through.

2. See that your windows and doors are spic and span

Ensure that your doors and windows are clean and dust-free. The more dirt the windows accumulate, the less sunlight passes through them.

3. Experiment with mirrors in your home

Surfaces that reflect off sunlight create an illusion of more light in your room. Mirrors bounce off light falling on them and hanging them at strategic locations will help you spread sunlight in your house. You can either opt for a single large mirror or play with an array of small mirrors to illuminate your space with natural daylight.

4. Choose a white or neutral colour palette for your home

Walls of your home will reflect more light if painted with a light colour. It helps to use soft shades of white paint as shimmery white paint can make the space feel cold. An off-white shade can create warmer effect. Also, another way to increase sunlight is to paint the ceiling one or two shades lighter than that of the walls which will create a wrong impression of height and space.

5. Go metallic with your interior decor

Introducing glittering gold and silver showpieces or artwork in your home will not only add a touch of luxury but will also brighten up your rooms. Since these metals reflect light, they bring about a remarkable change when placed in a dull gloomy room of your house.

6. Ditch your hefty curtains and large paintings

Replace your hefty, dark and opaque curtains with translucent ones that let in sunlight into your rooms. It is advised to use light shades of colours for your curtains and blinds. Also, it is high time that you bid adieu to the large paintings sprawling on the walls of your house as they absorb all the sunlight that penetrates into the room. Thus your attempt to beautify your room will unknowingly deprive itself of the much-needed daylight. Avoid heavy curtains and large paintings for getting more natural light into a dark room.

7. Embrace French windows and skylights

Though expensive, installing skylights or roof windows in your ceilings works wonders when it comes to trapping natural light. They are windows built facing upwards towards the roof. This is a method that is gaining popularity in order to bring in more sunlight. You can also construct large windows or French doors that allow huge amounts of sunlight into your home. Both these remedies involve huge cost and they are time consuming too.

8. Location of Bookshelves and room partitions matters

It is recommended that you place the bookshelves or partitions perpendicular to the wall that has windows in your home. This is because they hinder the passage of light if kept parallel to the window. Furniture that disturb the flow of light should be placed in strategic locations.

9. Use frosted or tinted glass and bi folding doors

Using frosted or tinted glass for windows and doors can amp up the level of sunlight passing through them. Frosted or tinted glass makes them translucent and therefore lets in more sunlight without compromising on privacy. Using Bi folding doors is a great idea to gather more sunlight inside houses. Also known as folding sliding doors, these are made of glass and can transform your room with glass doors that spread across an entire wall. Apart from offering breath-taking views of the surroundings, it facilitates a lot of sunlight to stream into the room. Moreover it is an excellent option for those who do not have any constraints of budget.

10. Opt for furniture/accessories in lighter shades

No rooms in your home are devoid of furniture and accessories. Therefore special attention needs to be paid while choosing the colour palette of your furniture. Ensure that you buy furniture that come in lighter shades so that they reflect more light which in turn brightens up the room.

So hope you have learnt how to brighten up the dark corners of your home after reading this article. If so, share the above mentioned tips with your friends and family. Getting natural light into a dark room not only lights up your space but also provides you with optimal health as sunlight is the best source of Vitamin D, a key nutrient required by human body.

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05-Jul-2019

Best Residential Neighbourhood In Thrissur

Are you wondering about the best residential area in Thrissur? Then this blog post is for you. Ever since the real estate builders discovered its potential, Thrissur has never looked back. The city has seen umpteen number of housing projects mushrooming in varied locations over the past few years. Thrissur is gifted with many good residential localities. So, how do home-buyers rate the location of a property? Safety, accessibility, and infrastructure are the prime concerns among many others before deciding on the location of your dream home.

Kuttur, located 6 km away from the city of Thrissur ticks all the right boxes when it comes to an ideal real estate location. For those in search of villas in Thrissur, Kuttur is undeniable, the perfect location to own one. Victoria Realtors has therefore chosen one of the best residential neighborhoods for its premium residential project called ‘Vrinthavan Villas’which is located in Kuttur.

Historical Background of Kuttur:

Located in the Kolazhy Grama Panchayath under the Puzhakkal Block, Kuttur lies approximately 7 kilometers to the north of Thrissur. Situated at a distance of 6 kilometers from the famous Vadakkunnathan Shiva Temple, the city is surrounded by a lot of Shiva temples. The old Kuttur village had strong links with the erstwhile Royal family of Cochin during their reign. It is said that the regional deity of Kuttur at the Neithalakavu temple had the sole authority to open the Thekke Gopuram (South Gopuram) of Vadakkunatha Temple for Thrissur Pooram. It is a place with great cultural and historical significance.

‘Vrinthavan Villas’: The ambitious project of Victoria Realtors:

We at Victoria Realtors are more than happy to present to you, one of our exclusive projects – the ‘Vrinthavan Villas’ right here at Kuttur. Sprawling over 2100 square feet and prized at 70 lakhs, the project follows the European model of gated villas and complies with Vasthu standards of architecture with 4bhk specifications.

Why should you own a home at ‘Vrinthavan Villas’?

· Excellent Location:

Since the project is located near Thrissur city, it has very good infrastructure in transportation, education and health. The place maintains its rich culture and tradition despite witnessing rapid development. The land value especially in residential localities of Kuttur is on the higher side. The location is an excellent choice for those investing in real estate. Kuttur as a location does not disappoint real estate investors or property owners as it is bound to fetch excellent financial returns for them when it comes to resale of their properties. The place will also attract those who seek accommodation on rent due its close proximity to the city. So your property can double up as a source of income. You can even rent out one or more rooms to your tenants. Undoubtedly ‘Vrinthavan Villas’ has an excellent and strategic location.

· Price:

The prospective buyers will enjoy an advantage when it comes to the pricing of this project. The project priced at Rs 70 lakhs offers one of the best in class carpet area to per square feet rates especially as a location close to the city. ‘Vrinthavan’ has a rate lower than the apartment projects within the same locality. Owners of this project stand a golden chance to live a villa life among a host of amenities at this price. Among the villas in Thrissur, it offers the most attractive price.

· Safety:

Victoria Realtors has followed the much famed European model of gated villas. Living in a gated community is extremely secure for your loved ones. The presence of a security gate and a guard along with 24 x 7 CCTV surveillance will prevent the entry of illegal intruders.

Victoria Realtors are one of the most trusted real estate builders in South India. We have proven expertise in the real estate sector across various locations especially in Palakkad where Victoria Realtors have made a strong footprint. With state-of -the art architecture and design, all our ambitious projects have earned us a large customer base. So hope this article has shed light on why Kutturis a promising location for home-buyers looking for villas in Thrissur. Come to Kuttur and invest in a life filled with happiness and luxury.

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26-Jun-2019

6 beautiful locations in Palakkad to buy a villa

If settling down in Palakkad is in your future plans, we at Victoria Realtors got you covered. We have a series of exclusive projects in the pipeline especially for those looking for villas in Palakkad.

Here are a few beautiful locations in Palakkad to buy a villa.

1. Chandranagar

Located at a distance of 4 km from Palakkad, Chandranagar is one of the posh residential neighborhoods in the heart of the city. In fact, the area had witnessed the development of the first and largest housing colony in the state owing to the Chandranagar Housing Society, founded in 1956. The place is connected to other cities through Palakkad city, via well-maintained roads. The nearest railway stations are Palakkad Railway Station and Palakkad Junction Station located at 5kms and 6 km respectively. Chandranagar also houses the Rifle Club which attracts people who love shooting sports. Thus the location has everything to impress those looking for villas in Palakkad. Chandra Nagar also has a few temples including Hanuman temple and Sai Mandir in its vicinity.

Residents of Chandranagar also live in close proximity to prominent educational institutions that include the Chinmaya School and Government Victoria College. Located near the Palakkad city, Chandranagar offers you a taste of city life with its modern shopping malls, cinema theatres, and supermarkets.

2. Pirayiri

Pirayiri is located nearly 7 kilometers from Palakkad city and the village called Kodunthirappully famous for its temple festival lies here. The place is rich in culture and tradition and houses old Brahmin settlements. The famous Chembai Memorial and Musical College established in 1957, lies 6 km from Pirayiri and is a favorite destination for students passionate about music. The beautiful scenic locations in Pirayiri have also been featured in visuals of many songs in movies.

Palakkad Railway Station and Palakkad Junction are the nearest railway stations. It is one of the most beautiful locations in Palakkad that retains its old world charm. The place is famed for its traditional snacks and sadya. Of late Pirayiri has seen development with more and more real estate builders exploring its potential.

3. Kottayi

Located at a distance of 18 km from Palakkad, Kottayi is near a small village called Chembai. The village is the birthplace of the renowned Carnatic musician Chembai Vaidyanatha Bhagavathar who was born in 1896. Come February and March, the whole village turns into a festive mood with the annual Chembai Parthasarathy Ekadasi Music Festival. The festival is a tribute to Chembai Bhagavathar and attracts scores of singers who perform at the festival.

Kottayi was a buzzing market place even in the olden days during the reign of Hyder Ali who had built a fort called Kottanchantha here. The IHRD College and College of Applied Sciences are two prominent educational institutions near Kottayi, located at a distance of 3 and 3.5 km from here. Mankara and Parli are the nearest railway stations located at a distance of fewer than 11 km. Kottayi offers its residents a perfect combination of tradition and modernity.

4. Kozhinjampara

Kozhinjampara belongs to the Chittur block of the Palakkad district at a distance of nearly 23 km from the city. Kozhinjampara has reputed government institutions in the field of education and health. The Government Arts and Science College, Government Hospital Kozhinjampara and Government Veterinary Hospital are located at a distance of 2kms and 500M respectively. The place is also close to a few temples including Mariyamman Temple and Sree Murukan Temple.

Kozhinjampara has easy access to prominent towns in Tamil Nadu like Uthukudi and Pollachi located at a distance of 18 km. Kanjikode and Walayar stations are the nearest railway stations located 11 km from Kozhinjampara. Parambikkulam Wildlife Sanctuary, Siruvani Waterfalls, and Kuttalam Waterfalls are some of the perfect weekend getaways from Kozhinjampara. With the nearest bus station just 350 meters away and the nearest airport at 39 km, it is well-connected to all means of transport. For people looking to invest in real estate, Kozhinjampara is a very good destination.

5. Vandithavalam

Vandithavalam has been a halting place for traders of Kerala and Tamil Nadu during their transit between the states for many years. It was their camping place along with their bullock carts in olden times. Vandithavalam is located at a distance of 20 km from Palakkad. Chittur, Alathur, and Ottapalam are a few towns nearest to Vandithavalam. Kollengode railway station at 9 km and Pudunagaram at 7 km are the nearest railway stations. The UNESCO World Heritage site and one of the Mountain Railways of India are located nearby Vandithavalam at a distance of 97kms.Coimbatore International Airport is located at a distance of 53 km and is the nearest airport. The place also has a proper social and educational infrastructure. Therefore there has been a steady increase in the number of flats and villas here which is also good news for investors in real estate.

6. Puduppariyaram

Puduppariyaram is yet another location in Palakkad that is witnessing rapid development. The locale is all set to transform into a major real estate hotspot in the near future. This potential has given rise to many states of the art villas with a host of features and conveniences. If you are in search of villas in Palakkad with the highest potential in value appreciation then investing in a home in a residential neighborhood in and around Puduppariyaram is simply the best option.

Hope you found this article on the beautiful locations in Palakkad to buy a villa helpful. Get in touch with us today if you seek to invest in a dream home in Palakkad. With projects starting from just 25.5 lakhs, you can now choose from a range of villas in Palakkad from the most trusted realtors in South India, Victoria Realtors.

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07-Jun-2019

7 Tips to Improve The Air Quality of Your Home

We often find ourselves whining about the polluted air outside, be it the smoke emitted by the vehicles plying on the roads or the bad odour sent out by a chemical factory. And if you think you are in the safe zone as soon as you enter your home, you might be wrong. You need to know that your home cannot always guarantee you good quality of the air that you breathe. For example, people especially in Kerala use coconut oil extensively in cooking. Coconut oil which has a comparatively low smoking point can leave your kitchen filled with smoke, not to mention the smell of burnt oil. Similarly, there are many other factors that contribute to polluting the air we breathe at home. To improve the air quality in your home, we have some exclusive tips listed below that can be easily followed so as to ensure you breathe pure air at home.

1. Ensure proper airflow in your home

Without even spending a penny, you can breathe fresh and pure air by increasing the airflow within your home. This can be achieved by simply opening the doors and windows of your home. Proper air circulation will refresh the air inside by removing stagnant air. If you live in a city, it is advised that you choose a time either early in the morning or late in the evening when the pollution levels in the air are very low.

2. Your Air-conditioner doubles up as air purifier

The air-conditioner at your home can also act as an air purifier with its in-built filters that trap pollutants like dust particles. So as it sucks in the air to pump out cooler air, it also makes it clean and pure. Anyway, it is up to us to clean the filter system of the AC regularly, so that it can serve the purpose of an air purifier.

3. House-Plants are a natural air detoxifier

All of us know it for a fact from childhood that plants inhale carbon- dioxide and exhale oxygen. So there can’t be a better option than placing some indoor plants in your home to improve the air quality. Apart from making your home look beautiful, the additional oxygen from these plants will rejuvenate the air around you. Some of the commonly used indoor plants in India are aloe vera, bamboo and spider plants.

4. Keep your bed linen clean

Keeping your bedding clean and dust-free along with the sofas, cushions and curtains is very important to ensure that you breathe in air of good quality. Dust mites often stick to the fabric of bed linen and cushions that can expose you to allergies and respiratory infections. Also it is recommended to keep pets off your bed and sofas to get rid of pet fur and dander which can further aggravate already existing illnesses including breathing problems.

5. Substitute room fresheners with essential air oil purifiers

You might think that you are embracing modern life by using room fresheners for your home. But it is high time you realised that these store-bought room fresheners that contain harmful chemicals will only pollute the air you breathe. To combat health issues that arise from reckless usage of these products, you can substitute them with natural essential oil air purifiers. A blend of essential oils has anti-bacterial properties and help in disinfecting our homes. These essential oils curb the amount of bacteria and viruses in the surroundings and help cure illnesses like common flu, sinuses, insomnia and bronchitis. Apart from lending a sweet and pleasant aroma to the air, these oils that include clove oil, eucalyptus oil and tree oil serve as very good stress-relievers.

6. Use natural cleaning products

Many house-hold cleaners that you buy from the supermarket are loaded with chemicals that can be toxic when they come to direct contact with our eyes and nose. It can irritate the throat and lungs paving way for many illnesses. You can replace such cleaners with their natural counterparts. For example, you can prepare your own cleaning lotion using ingredients like lemon juice, vinegar and baking soda. If you insist on using the store-bought cleaners, make sure that you open the windows and doors to release the toxins.

7. Choose furniture made of natural materials

Did you know that the furniture at your home can entrap dust mites? These furniture often contain certain glues, resins and other synthetic materials that release toxic substances into the air. The paints and fabrics used in the furniture have volatile organic compounds (VOC) like toluene and benzene that have poisonous effects on the surroundings. To minimize the slow-poisoning effect of these substances, it is advisable to keep your newly purchased furniture in an open space like a garage before you start using them. However, opting for antique wooden furniture and those made of solid wood will be healthy and sustainable.

It is indeed our responsibility to maintain clean and healthy air at home. Breathing clean air is key to the overall health of our bodies. We hope that all the tips that are mentioned above will help you improve the air quality when you are indoors.

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03-Jun-2019

Top Four Carpet Materials to Use in Your Home

There are many different ways to enhance the beauty and functionality of your home. While some people opt for beautification through paints, wallpapers etc, some others opt to add interesting upholstery to their home for the same purpose. Using carpets at home is not only a great way to enhance the aesthetics of your space, but they are also quite useful when used in an appropriate manner. There are different types of carpets for home and careful placement of these can help you make your home more beautiful and functional. Bedrooms, children's rooms, stairs and parts of living rooms are the ideal places where you can use carpets. They provide warmth  and comfort making them a preferred upholstery in living rooms and bedrooms. Apart from this, they are used in children's bedrooms, play areas and staircases as they provide cushioning and a soft landing spot in case of a fall. There are different materials and different styles of weaving in carpets. You can get both natural fibres and synthetic fibres in carpets depending on your budget. Basically, there are many types of carpets for home and today we are going to discuss four types of carpets that you can use based on the needs of your home.

1. Loop pile carpets Loop pile or berber carpets have fibers that are formed into  small loops which are  then stuck to the backing. This type of carpet can have tall or short loops that are tightly or loosely constructed for different finishes, depending on the size and number of loops. Loop pile carpets are best for hiding dirt and very durable. These are ideal for foyers, staircases etc.

2. Cut Pile carpets Unlike loop pile, cut pile carpets have no loops.  The frayed fibers are sticking straight up on the backing. Cut pile  carpets are typically much softer and more plush than loop pile carpets making them a good choice for living rooms, children's rooms or bedrooms.

3.  Cut loop carpets This type of carpet is a combination of both cut and loop styles. This makes them more plush and comfortable, making them more suitable for colder places or ideal for those who seek a plush footing in their living rooms.

4. Carpets made of different materials  There are different types of carpets for home based on the material used. You can find carpets that are made of wool, olefin, acrylic, polyester, etc.  Here are some ways in which you can choose the right material for your carpets.

Stain Resistant materials: Acrylic, polyester, loop pile.

Durable materials: High density & weight, twist style construction in loop pile made of nylon.

Fade-resistant materials: Olefin, acrylic, polyester.

For a comfortable and plush finish: Medium density & weight in cut pile style made of wool.

For a Sleek appearance: High density & weight, twist style construction in a loop pile.

For a Textured appearance: Medium density & weight, cut-loop or cut pile in wool.

We hope that this concise guide helps you pick the right carpet for your dream home.

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13-May-2019

Tips to Ensure Electrical Safety at Home

The safety of your home and its occupants should be on top of your list of priorities. One must constantly strive to make their home a safe place for the inhabitants so that they may lead a life of peace and tranquility in the safe confines of their home. One of the key things that you must take care is the electrical safety of your home. Here are some electrical safety precautions that you can take to make your home a safer space for your loved ones.

• Take care of any exposed wires:

Exposed wires are a huge threat to the safety of your family and must be taken care of immediately. If the protective coating is missing or the wire is damaged in some other fashion, make sure that you replace it or repair it right away.

• Keep electrical appliances and outlets away from water:

To ensure electrical safety at home, don't forget to keep electrical appliances away from water. It is also important to never touch electric outlets or appliances connected to power with wet hands. This can lead to shocks and one is prone to more danger if water enters electrical outlets. Thus, this is one domestic electrical protection that everyone must be aware of and every individual should be educated about its dangers in order to create a safe environment at home.

• Overloading electrical outlets:

Every outlet is designed to deliver a certain amount of electricity. It is frequently seen that many a time, people use extension cords and plug in one too many devices thus putting a lot of pressure on a single outlet. This can lead to a fire or an explosion and one must be extremely cautious while connecting multiple appliances to one source.

• Precautions with appliances:

Always remember to switch off an appliance after its use. It may be hazardous especially if you have kids or pets around and it is imperative to not only switch off the appliance but to also store it in a place that is not easily accessible by children to ensure utmost electrical safety at home.

• Check your cords:

It is commonly seen that chords are extended and run long distance. While if it's carefully done at an appropriate height and with the right precautions, it can be safe. Or, if you have an end to end carpeting, cords can be run underneath the same too. Otherwise, it can be extremely risky and best avoided. There is a risk of someone tripping over it or of children or pets reaching for it. Hence, it is important to take care of long cords and they must be treated as a serious threat to one's safety at home.

•Children's safety:

Additional precautions must be taken if you have children or pets around. As discussed above, no exposed wires, plugged in appliances or long cords should be within the reach of children. One must also make sure that outlets that are within reach of children are either safely secured or sealed off for good. Children tend to be curious and can insert fingers or use water around electrical outlets and appliances making it a severe threat to their safety. Constant supervision is the key to ensure the safety and well being of your little ones.

These are just a few of the many electrical safety precautions that one must practice to ensure that their home is safe for their loved ones.

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24-Apr-2019

Flourishing City - Palakkad

Palakkad derives its name from the combined words “Pala” and “Kaadu”.”Pala” is a tropical tree commonly known as the devil tree whereas “kaadu” means forest. It is believed that the region was once densely covered with these trees and thus got its name. It was one of the last districts to have formed when the state of Kerala was created and was part of the Malabar District of Madras Presidency during the British rule.

Also known as the “Rice Bowl of Kerala”, Palakkad serves as the gateway to Kerala from the north. Palakkad is especially famous for its rice variety known as the “Palakkadan Matta”.The district is the largest in Kerala with a total area of 4480 square kilometres. The district has several dams of which the Malampuzha dam is the largest in the whole state. Built in 1955, it is located in the foothills of Western Ghats and a must-visit picnic spot. Malampuzha Gardens near this region was developed by renowned artist Nek Chand and is the only rock-cut garden in South India. The garden also houses a massive sculpture called the “Malampuzha Yakshi”, built by the reputed sculptor Kanayi Kunjiraman which attracts huge number of visitors to this place.

Dams namely Mangalam Dam, Parambikulam Dam and Pothundi Dam are a few other dams in the district that are also tourist destinations. The Silent Valley National Park, Mailadumpara, Kottayi, Attapadi, Thunchan Gurumadom, Kunchan Smarakom and MeenVallam are a few among many tourist attractions in the district. Kalpathy Cart Festival, Ottapalam Nercha Festival and Retholsavam at Kodumba Subrahmanya Temple are a few unique festivals native to Palakkad that bring in huge number of visitors from across the country.

Location:

Palakkad lies near the Palghat Gap in the Western Ghats and it connects Kerala to the plains of Tamil Nadu in the east. It is located around 350 kilometres north of Thiruvananthapuram, the state capital. It shares its border with Malappuram and Thrissur districts on the western side and the Nilgiri Hills on the northern side.

Growth of the city:

The heritage city of Palakkad has witnessed a humongous growth over the years. That the Kerala Industrial Infrastructure Development Corporation (KINFRA) has established five of its industrial parks in this district alone stands testimony to this fact.

As part of boosting the industrial infrastructure in the state, KINFRA has launched five of its parks in the district namely Defence Park, Industrial Park, Mega Food Park, Integrated Industrial and Textile Park and also WISE Park. Out of these parks, WISE Park is a joint venture of KINFRA and Kalpakka Infrastructure Pvt Ltd, located at Kanjikode in Palakkad. The food park is a sector-specific project for the food processing industry. In fact the Kanjikode-Pudussery-Walayar industrial belt in Palakkad claims to be the most developed industrial area after Kochi. Palakkad also witnessed the setting up of premier educational institutions like the IIT and IIMS in the year 2014.The city is therefore increasingly becoming a favourite location for those who are looking for quality housing projects including villas in Palakkad. Here, Victoria Realtors, as one of the premier real estate developers in the state, will guide you through some of the best reasons for choosing Palakkad as your hometown.

1. Connectivity:

Coimbatore International Airport is the nearest airport to Palakkad located at a distance of 62 kilometres from the city. The two main railway stations nearby are the Palakkad Junction Railway Station and the Palakkad Town Railway Station. Palakkad junction is around 4 kilometres from the main town and the Palakkad Town station is located right at the centre of the town. Train services to cities like Pollachi, Din Digul and Madurai pass through this station. The Pollachi Railway station in Tamil Nadu is located at a distance of 60 kilometres from Palakkad town. The railway stations in Palakkad also connect people to prominent cities like Erode, Coimbatore, Ernakulum, Kollam and Trivandrum. The National Highways NH47 and NH213 pass through the district. It is well connected by roads to major cities and towns in the district. All our projects are in locations with very good connectivity to roads and railway stations for those looking for villas in Palakkad.

2. Civic Infrastructure:

The city has a commendable history of development in the fields of health and education. Palakkad recently got one of the five recently proposed IITs. Though it started operating from its temporary campus, it has been functioning from its new transit campus in Kanjikode. Palakkad also received a Government Medical College also known as the Institute of Integrated Medical Sciences in 2014 located at a distance of 7 kilometres from the city. Government Victoria College established in 1888 is one of the oldest and reputed institutions in the Malabar region offering courses in Science, Arts and Commerce subjects in Palakkad and is located at a distance of 1 kilometre from the town. Palakkad also has one of the renowned engineering institutes in Kerala called the NSS College of Engineering in Akathethara, located 7.5 kilometres from the Palakkad town. Palakkad offers quality education in terms of schools and other skilled training centres across the city. All these facilities are sure to attract many people especially those who are interested in buying villas in Palakkad.

3. Climate:

Palakkad has a tropical wet and dry climate and the temperatures remain moderate throughout the year except during the summer months which are extremely hot.

4. Great Investment Option:

Villas in Palakkad will offer you the best resale value. Besides, these villas offer you enough privacy and are a better choice than apartments. Since villas are more spacious there is a scope of even renting out the unused space as well.

As one of the top-notch builders in the housing sector, Victoria Realtors is all set to redefine luxury in Palakkad. Starting from 21 lakhs onwards, we have our independent villas built in locations like Puduppariyaram Main Road, Chandranagar, Pirayiri, Kottayi, Vennakkara, Kozhinjampara and Vandithavalam in Palakkad.

Apart from offering state of the art facilities, these villas are situated in strategic locations and are also vaastu compliant. With projects that are set amidst prime locations Victoria Realtors provide an exclusive range of villas tailor-made for prospective buyers who want to own villas in Palakkad.

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02-Apr-2019

Eco Friendly Interior Décor Ideas:

The destruction to the ecology caused by mankind due to our raising demands in order to maintain a trendy lifestyle is increasing with every passing day. Here are some eco-friendly interior décor ideas you can use to do up your home by being more considerate towards nature. Reuse what’s easily available With the love for hoarding, we have innumerable amount of items that see no use after a certain period of time. Why not reuse them, and opt for a décor that is not only personalized but also nature friendly. From discarded or excessive concrete blocks to tiles, from that cashmere shawl that you barely use to the discarded old tire – there is use to everything. Use those barely used silken dupattas or warm shawls as throws on your furniture, or that old tire up-styled as a seat – the options are many, and fun to do too. Most of our home essentials come in bottles, jars and tins , which are mindlessly discarded after use. These items use a lot of resources to be made, hence reusing them will extend their lives and prevent the necessity to buy more items. Using them as storage essentials or with minimal effort these items can be enhanced to become not just utilitarian but beautiful as well. You can also use them to create your herb garden or plant low maintenance plants that will add serenity to the space. Add some candles, or fairy lights and you have your own unique lighting system that will envelope your home in a warm cozy glow. Pick clay and hand molded décor items Home essentials made of glass or metal are beautiful but they take abundant natural resources to be made as they are. Replacing these with alternate materials like clay, or items made out of wood, bamboo, or even paper are ideal choices to go green. However, sometimes having these items is inevitable, hence reutilizing them is a definite go to, as it is economic and eco-friendly, and simply outstanding when done right. Opting for clay molded items and hand-made décor essentials instead is an eco-friendly alternative as they are easy to decompose and use lesser resources. Choosing eco-friendly materials for upholstery. Though the synthetically made materials are extensively and cheaply available, replacing them with natural fibers will not only help you take a step towards being eco friendly but makes your lifestyle healthier. These materials will prevent skin eruptions often seen due to contact with synthetically produced materials. They are sturdy and long lasting and add a warm aura to your home, and when they reach a point beyond utility they are easily recyclable. Replace stone with wood To be very precise, both wood and stone are precious natural resources that are becoming more scant with every passing day. However, the mining of stone from quarries, and finishing them into products and stone slabs is an energy consuming process - not to forget the facts that it takes thousands of years for stone to form, all of which leads to disturbance to the ecology. Due to this, wood is a better replacement. With the advent of cultivated wood, which aims at producing wood for the purpose of making wooden items, it’s a better option to replace stone. With these simple tips, one can resort to being more eco friendly. It is a fun process to undertake and these ideas give you customized products that are uniquely crafted for your home! Hope you found this article on “Eco-Friendly Interior Décor Ideas" helpful. Do share your thoughts in the comments section below.

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07-Mar-2019

6 Key Real Estate Terms You Should Be Aware Of

If this is the first time that you have forayed into the world of real estate, it is important for you to understand and know a few terms in order to make the best of what is available to you. It is extremely important to know a few important terminologies in the realm of real estate as the lack of knowledge of the same can land you in a lot of trouble. One can conveniently misguide you or you may misinterpret the wrong things which may land you an incompetent deal. In order to find a property that is best suited for your needs, you must familiarise yourself with the workings of this industry. To get started on that, here are some important real estate terms to know that will help you a lot in the long run too.

· Per square foot rate:

This is the most basic term that you may have heard extensively in the process of looking for a property. The cost of the property is often calculated on square feet basis. The saleable area or the super built up area is taken into consideration while determining the rate of a building. Usually, developers use per square foot rate on the super built-up area to determine the value of the building.

· Super built-up area:

The super built-up area or saleable area is yet another term that you must understand. It is the built-up area combined with common areas like lobby, lifts, stair cases, corridors, walkways, terrace of the house, etc. Often, the super built-up area is 15 to 25 percent more than the built-up area. Generally in cases of flats and apartments, common areas like gymnasium, swimming pool, garden and clubhouse, etc. are also considered while calculating super built-up area.

· Carpet Area:

Carpet area is nothing but the actual space which you can use in a house. It is the area that does not include the thickness of the walls or common spaces. It is basically the enclosed space within the walls which is used to lay a carpet. Often, the area for terrace and balconies are considered as half of the main area while calculating the carpet area.

· Built-up area:

Built-up area is the area that is inclusive of the carpet area, the thickness of the outer walls, inner partition walls and the balcony area. The terrace area is considered as half of the built-up area. In simpler terms, it is the actual area of the house that comprises of the area covered by the walls. Built-up area is usually 10 to 20 percent more than the carpet area.

· Allotment Letter :

This is a letter given by the developer which allots a specific piece of land, villa or apartment unit to the buyer. It could be an empty land, under development or a project that is completed.

· Certificate of occupancy :

This is an important document that ensures the authenticity of the builder and the project. It is issued by the local municipal corporation to the owner of a house and it can only be obtained after ensuring that the building complies with all permissible construction plans and local laws. A good builder will adhere to the byelaws and a home from a trustworthy builder always comes with a certificate of occupancy.

These are just a few terms that will help you take your first steps in the world of real estate. One must understand the legalities and the finer nuances of buying a property and seeking the help of a legal expert is the best way to ensure that you are getting a deal that is not only beneficial but is authentic as well. Hope you found this article on real estate terms helpful. Do share your feedback in the comments section below.

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19-Feb-2019

Tips To Set Up Indoor Garden At Home

We all are well aware of the many benefits of surrounding ourselves with greenery and plants. There are hundreds of plants that we can use in our gardens that suit the weather conditions that we experience outdoors. However, setting up a garden inside your home is a little more challenging but extremely beneficial. There are a plethora of plants that can be grown indoors where some require complete shade, and some others require a little sunlight. It is important to understand which plants are suited for your home to have an indoor garden that is not only beautiful but is safe and beneficial for the occupants. We are listing some simple facts and tips that will help you create your own indoor garden without much hassle.

• There are three different kinds of plants that one might find while building a garden. Some plants require lots of sunshine and are best kept outdoors. These plants are ideal for gardens and balconies as they need to be exposed to the sun for a longer duration of time. The second type of plants is those that require partial sunlight and can be kept close to windows or in those parts of your home that receive ample natural light during the day. Lastly, there are some plants that demand gentle light and can be grown in complete shade. One must visit their local nursery and go through the various plants under the aforementioned categories in order to source what they need. If you do not have much experience in gardening, it would be best to go for plants that are sturdy and easy to maintain.

• If you have children or pets at home, you should be extremely cautious to not choose plants with thorns or plants that are poisonous in nature. Succulents and cacti are seen to adorn homes extensively, but if you have a pet or a baby, you must ensure to opt for succulents that don’t have thorns. Avoid flowering plants indoors as they attract bees and also come with a risk of allergies. Flowering plants, though extremely beautiful, are best suited outdoors.

• There is a range of plants that are known to enhance the air quality by purifying it. It would be ideal to add those along with other plants that you may include for aesthetic purpose.

• It would be advisable to place the pot in a container as sometimes when plants are watered, they tend to release excess water. This can be dangerous as one may slip and fall when not observed carefully.

• If a particular space in your home is going to be defined by the garden you wish to create, then it would be ideal if you followed a certain theme while choosing pots for your plants. You can go for the earthen pots, or opt for colorful ones. There is a wide range of hand-painted pots that you can find quite easily that are just as charming and make space look a lot more beautiful. You do not have to get your plants repotted in these containers, but instead, use them as an outer container- this comes with a dual advantage. One being that these outer containers trap excess water and dried leaves. It also evades the need for repotting.

These simple tips should help you take the first step towards building your indoor garden. Each home has a unique character, and one must understand their home and their needs to create a garden that is best suited for them.

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31-Jan-2019

Essential features of a luxury villa

We all dream of a perfect home and each of us have different ideas of what our dream home should be like. Owning a villa is always the first choice for many aspiring homeowners. There are many options in the market today across various price brackets. If you are a prospective buyer looking for villas in Thrissur, here are some qualities that you must seek in your tranquil abode :

- The most important factor is space. Spaciousness is what sets villas apart from other types of home. If you are buying a villa, make sure that it is large and airy with abundant natural ventilation and open space around it.

- Villas are often considered a symbol of luxury. An ideal villa is one that offers ample parking for more than just one car.

- Large landscaped gardens, walkways and abundant greenery is yet another feature of an ideal villa. Make sure that there is plenty of open space that ensures a peaceful and tranquil life in the lap of nature.

- Top end amenities for the benefit of you and your family are an important feature that you must seek in your villa community. Play area for kids, paved walkways, etc. are some of the amenities that are seen in many villa projects.

- If you are looking for villas in Thrissur, ensure that your villa comes with round the clock security. An ideal villa must allow you to stay carefree without having to worry about the safety of your family or assets. CCTV cameras and a team of security personnel is essential in a good villa community.

- While all the factors listed above are essential, a well-planned home and sound construction with the best finishes are the most important factors that you must consider. The strength of the structure and the quality of spaces in your home are the key elements that determine the quality of the villa.

Keeping these points in mind will help you choose an ideal villa for you and your family. If you are searching for villas in Thrissur, then Victoria Realtors has the best option for you. The Vrinthavan is an exclusive limited edition project based on the European concept of design located in the most sought-after residential neighborhood of Kuttoor. With just a few luxury villas on offer, we invite you to experience the finest range of homebound with the perfect mix of comfort and convenience.

With over 1500 satisfied customers and more than 25 years of expertise, Victoria Realtors is today one of the most reputable real estate brands in Kerala with projects across multiple locations. From budget-friendly homes to uber luxurious bungalows, Victoria Realtors offers homes for all aspirations. The Victoria QSP (Quality, Service & Pricing) advantage is another unique proposition offered to customers to ensure a wholesome and comfortable living experience. The best quality of materials, top-notch pre and post sales services and affordable pricing makes owning a home with Victoria Realtors even more fruitful and hassle-free.

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04-Jan-2019

Is it better to buy an independent house or a villa

Each individual has a different preference when it comes to their lifestyle and the type of housing they choose. While there are different types of houses like villas, independent villas, apartment, etc., today we look at the comparison of an independent house and a villa. It is important to understand the benefits and shortcomings of the different types of houses available in the market before one decides which suits his needs the best.

The most important factor to consider is the safety and security that a villa comes with that an independent home lacks. Most gated communities and villa projects have top-notch security that includes a team of security personnel, CCTV cameras, etc. which ensure the safety of both the houses and the inhabitants. This is one of the main advantages of living in a villa as this facility is not readily available in an independent house.

If you are someone who wishes to enjoy health and leisure based amenities at your convenience, then staying in a villa would be more advantageous. Most villas come with a host of amenities like a gym, play area, etc. making it extremely convenient to use them at a very reasonable price at our convenience and within our very own housing complex. This is not a facility that you can redeem in an independent home.

Some people enjoy living in a niche neighborhood. As we all have a very busy life, often, we may not find time to socialize extensively. Living in a villa community gives one a chance to live amongst likeminded people thus creating a wholesome and engaging neighborhood that they can socialize with at their convenience. This may not be the case with most independent houses as they often come with a mixed crowd of individuals unless one specifically seeks out a locality where he might find likeminded people.

Often, villas come with a uniform design language, which means that all the homes are similarly designed. This, while it creates a pleasant experience for the viewer may not always be beneficial for the resident. One cannot expand their house or build it according to their preference, while the same can be done in an independent home. One has complete freedom to design their home as per their choice and choose any number of floors keeping the guidelines in mind.

Most villas come with play areas, landscaped courts and gardens and lot of greenery and open spaces dedicated to the purpose of recreation. This is not available in independent homes and one will have to depend on public parks and recreational areas to enjoy the bounty of nature.

Independent homes do not necessarily come with large wide roads that are well maintained.  This, however, is taken care of in a villa community as one can enjoy uniformly large roads, paved walkways, etc. that are maintained well and kept clean.

Whether it be ready to move in the villa or a villa bought while or before its construction, you can be assured of good quality workmanship and material if you buy it from a reliable builder like Victoria Realtors. You do not have to bother about overseeing every small detail or worry about being cheated on, as the builder takes care of everything. But when it comes to an independent home, one must constantly keep a watch and a lot of time and effort is spent on making sure everything is happening as per schedule. Irrespective of what kind of contract you give for an independent home, the amount of time dedicated to ensuring that your home is being built on schedule can be very high.?

These are some of the factors that you must keep in mind while choosing between a villa and an independent house. If you are looking for villas in Thrissur, look no further as Victoria Realtors offers Vrinthavan villas which are ideal for those looking to enjoy the many perks of living in a villa. It comes with a range of amenities and the trust and promise of authenticity that South India’s leading realtor offers.

   

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11-Dec-2018

How To Maximize Space In A Small Kitchen

Kitchens are one of the most significant part of any home. In earlier times, kitchens were larger as homes accommodated larger number of people and meal preparations were elaborate. However, now the space crunch has lead to smaller kitchens. Here are some ways in which small kitchens can be utilized to their utmost potential without losing out on aesthetics.

Spatial Planning:

While in a closed kitchen, parallel counter space works best, followed by an L shaped counter, it is very essential to keep the kitchen in close proximity to the dining. It is important to include large windows to bring in more light and to ensure good ventilation, however they should be placed strategically so as to not lose out on precious storage space.

In an open kitchen, it is always recommended to include an island, as it is a great way to enhance the functionality of the kitchen. It should not be in direct view of the living room and should ideally open into the dining area. In both cases, the organization of spaces and storage should ensure that it is user friendly, making preparation of meals a less arduous experience.

The kitchen should be provided with both sufficient natural and artificial task lighting, artificial exhaust system and a well laid sanitation layout. Apart from providing sufficient storage, one must ensure that it is appealing to look at without looking unhygienic and uninviting.

Colours and finishes:

If the space is small, it is always recommended that one opts for lighter and brighter colours to create an impression of a breezy, open space. One must always opt for cheerful and appetizing colours and stay away from shades of blue, green or grey as they tend to make the space look cold. However, adding too many colours will make the space look smaller, hence using a monotone palette or opting for different shades of the same colour will help in making the kitchen look larger, and seamless.

Using metallic and reflective surfaces is another way to create an illusion of space. Using metallic surfaces and finishes also gives the space a sleek and clean look, and more people are opting for this look as it is minimalistic and very classy in its appearance and looks wholesome with the inclusion of smart kitchen gadgets in the same finish.

Storage and counters:

The two main things that one must take care of in the kitchen are – sufficient storage, and functional counter space for meal preparation. In kitchens that are small, having too many overhead closed storage units can be a bad idea as they often close up the space, making it look smaller. Instead, you can opt for open shelves, smart vertical storage ideas and resort to hanging kitchen essentials, while having closed storage below the counter. The counter space should be planned for washing, drying, meal preparation and cooking.

It is highly recommended to use the insides of cupboard doors, underside of shelves, etc. to hang light kitchen essentials. It is also a good idea to use organizers instead of large boxy storage cabinets that will take up large amount of space.

Including an island in a small open kitchen is a great way to optimize space. Islands are accessible on all four sides making them very functional and they can also be used as breakfast counters, making them a great option to create a smooth transition between the kitchen and dining areas. You can either opt for an island with closed storage on all sides, or a combination of open and closed storage where you can store your kitchen essentials without a hassle.

These are some ways that you can use to make the most of your kitchen. The size of the kitchen should not hinder you from having a beautiful space where you bond with your family over a quick meal or during the preparation of a lazy brunch.

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17-Oct-2018

How to make a small room look bigger. Designing tips and suggestions.

Rapid urbanization is leading to an increase in demand of homes. Due to this, the cost of land is increasing on a daily basis, and therefore the cost of construction might not be on par with the budget that you have. So, you might be stuck with a smaller house, especially in metropolitan cities. The real estate is one of the most expensive sectors. Due to this reason, buying a home to your liking might be an obstacle for you. Now, you have purchased a new house. It could be a small house but don't worry. With a little bit of creativity, you could make it look big and elegant. After all, the feel of the inside of a house should be such that, you feel welcome. Let's learn how to make a small room look bigger. Here are some interior designing tips that will help you make a small room look big :

Painting the walls and ceiling

One of the easiest ways in which you could make your room look bigger is by using light coloured paint on the walls and ceiling. It is better to use white colour for the walls and a cream colour for the ceiling. It gives the room brightness, added to that, light coloured walls will help in reflecting the sunlight as opposed to dark shades which absorbs the same, thus making the room look small. You could decorate the walls with decoration light to give it an elegant feel.  For the ceiling, you can use wallpapers. If it seems attractive enough for the person's eyes to be drawn upwards, then it will be great.

Open up the space

Opt for a window with no window bars or a mesh-like window bar. Big windows will give the room an "open feel" and thus, the space will look big. You could use either translucent or light coloured curtains and also, make sure that the curtains are long enough. Another important facet is cleanliness, keep the windows clean and clear all the time. Presence of dirt on the window or the sill will not only make the place look congested but also ugly.

Painted wooden shelves

You could use DIY wooden shelves on the wall and colour it with different shades. As a cherry on top, decorate it with similar coloured items to go with it. For e.g., in the orange region use an orange vase, orange books. Or you could make a wooden shelf and use items to decorate the same with it. Another method is to construct the rack close to the ceiling so that it will appear somewhat lifted and the room will seem relatively big.

Use a single sofa set

It is better to have a unique sofa set and similar coloured stools or chairs. Also, keep the sofa few inches away from the walls so that the room will look big. You can place a wooden console table behind it with decorative items like photo frames or flower vase on it.

Use large-sized paintings

This is one of the best ways you could use to decorate a living room. Putting up a colourful paint reflects positive energy, and at the same time, people could enjoy the art form. If you put a long frame featuring a colourful painting, then you will feel as if the room looks bigger.

Use mirrors

If you don't want to use paint you can use mirrors as it will help in reflecting light and make the space look relatively big. You could use either small round ones or a big square shaped mirror. Make sure that the mirror frames and curtain have similar colour tone. It will look ravishing.

Use mats

Apart from protecting our feet from the coldness of the floor, mats play a charming role regarding decoration. Using mats could be useful in two ways. Either you use smaller different rugs under furniture sets in your room, or you could cover the entire floor with a large mat. Use elongated strip mats so that the floor will look longer.

Multi-purpose furniture

People tend to buy a lot of furniture for their homes.

This is unnecessary.

One multi-purpose furniture is any day more economical than having a congested interior with too many furnitures. So, it is better to buy a single multipurpose furniture. There are sofa sets that could be used as beds or table and chair sets that have a versatile purpose, like storage. You can use them for decoration as well.

   

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28-Sep-2018

How To Choose A Home Builder

Getting your dream home done just like the way you need it can be a daunting task. Buying a home or buying a site and building your home is one of the most important decisions of anyone's life and you can’t afford to get it wrong. While there are a plethora of home building agencies, who could help you construct the home you dream of, choosing one of them can be quite challenging. If you're struggling to finalize your decision about finding the right home builder to build your home, this blog is for you. Read on and discover the best tips on how to choose a home builder.

Let's get started!
1) Know your needs well in advance:

Before anything else, the first thing you need to do is to define your needs precisely. What type, size, structure, and style of home you're looking at. You need to have a concrete understanding of all these needs because you'll never find the right builder until you are aware of your needs in the first place!

2) Experience is not to be neglected:

Although we cannot deny that every builder was once a new builder, it is still imperative for builders to have a good experience. With so many building agencies out there, the new builders are less competitive both in terms of their prices and quality of work. However, if you do find a builder who is new to the industry but has some exceptional portfolio of projects completed which are in tandem with the kind of designs you're eyeing at, there's no harm in trying your luck.

3) Is your builder the right fit for your plan?

Regardless of the number of years of experience one has, you have to note that the builder you'll be choosing has to be the right fit for your design. A builder who's got an exceptional portfolio of building traditional homes might not be able to make the contemporary style of home you're looking at or vice versa. Therefore, it's important for a home builder to fit in the right for the kind of design you're eyeing.

4) Check for the testimonials:

Many home builders offer testimonials and references of their old customers to newer ones. If your builder hasn't provided it, then, ask for it. Feel no hitch in asking your builder for good testimonials from their previous customers. Ensure that you ask the right questions to the previous customers like "Would you get another home built by this builder? What were the challenges you faced while working with the builder?" and so on. Testimonials are one of the most significant ways to be ensured about the quality of the work of any home builder.

5) Look deeply for the signs of quality:

Not every home builder is going to tell you all the details about the quality of the materials used for construction, the warranty that comes along with the fittings to the home and so on. So, you can take up the responsibility on your own and look deeply for signs of quality. Before you close the deal with your home builder, you must ensure that the materials used in the construction of your home are of the best quality. Doing that gives you a peace of mind about not having to bother about any major repairs for at least a good two to three years.

6) Go on a stroll to have a look at the buildings built by this builder in the past:

It's a great idea to go on a tour to check out the structures built by your builder of choice till date. You'll get a clear idea about the quality of work. These homes can serve as models and you'll also get an idea about the variety of designs your builder has worked upon.

These were some of the tips how to choose the right builder for your home. Remember that it's always better to invest enough time in making your decision because it's essential for you to get this decision right! So, do your research and homework and find the right builder for your dream home.

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30-Aug-2018

Factors That Increase The Value Of Your Property

In the business of real estate, some people 'just get lucky' all the time and some people don't get lucky for a long time. You'll often hear comments like, "Luck is on your side and so your property value is increasing consistently". But the question is "Is it really the luck factor that is influencing the appreciation in the values of certain properties or is there something beyond that?". The answer is NO. It is not really a matter of luck. There are a plethora of reasons for why the values of certain properties increase consistently and why some others do not. Here's a comprehensive list of such factors that increase the value of your property. Read on and bust the myth about the luck factor having an influence on the increase in the value of the property. Let's get started.

Factors that contribute to an increase in the value of your property:

Number 1 - The infrastructure:

The physical and the social infrastructure of a particular location has a great influence on the appreciation of your property. All the changes in and around the property will contribute to a better livability quotient to the residents, causing an increase in the value of real estate properties in that particular location. Certain infrastructural developments like flyovers, schools and colleges, hospitals, new shopping malls, new workspace etc will increase the livability quotient and will increase the value of the property. The better the infrastructure gets, the higher the value of properties will be!

Number 2 - The population growth:

The population growth in a particular locality has a direct impact on the value of the properties. The bigger the population gets, the higher the demand for the real estate properties which translates to a direct increase in the value of the properties. It follows the fundamental principle of economics - The higher the demand, the higher the price! There can be various reasons responsible for an increase in the population growth like a new workspace, new industry set up and so on. So, the infrastructure of the locality has a major influence on the population growth which in turn has a direct impact on the increase in the value of your property.

Number 3 - Changes in the nearby properties:

The upward or downward trends in the value of properties around your property also influence the price of your property. Let's say there is great economic development in the adjacent locality which led to an appreciation in the value of properties around. This will have an indirect impact on the value of properties in your locality. Thus, the infrastructural developments happening in the neighbourhood localities also influence the value of your property.

Number 4 - Inflation:

Inflation is caused by the excessive circulation of money which leads to the fall in the value of money. Inflation often becomes responsible for an increase in the value of almost all the commodities including the construction commodities. The increase in the value of construction commodities in turn leads to an increase in the value of properties. Thus, it is a good time for real estate investors who're looking to sell their properties. Inflation is often referred to as the best time for investors to close transactions. In a nutshell, inflation has a direct impact on the increase in the value of properties.

Number 5 - The demand and supply rule:

The demand and supply concept is often influenced by human behaviour. Some localities have increased demand simply because its livability conditions are very high. Especially when one is talking about the residential properties, some localities have high demand because they are liked by people in general. It is for this reason that some of the localities manage to have high property values despite poor infrastructure. Higher the demand for the property gets, higher the value of the property.

These were some of the primary reasons behind the increase in the value of properties. However, it's worth noting that there are far many factors influencing the value of properties which may not be very evident or in other words, direct. There are plenty of indirect reasons for the value of properties to increase. A closer and deeper look into the overall economic development of the locality alone can provide answers as to why there is an increase in the value of certain properties.

If you are looking to buy properties in Kerala or Tamil Nadu, then do consider the exclusive collection of projects at prime locations in the state:

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06-Jul-2018

How RERA Impacts Property Buying for NRIs

Many NRIs wish to have a property back in India due to various reasons including wanting to have roots back in the country they were born. The Indian real estate market has been very kind to such NRIs who wish to purchase properties in India. While some of them only wish to upgrade their existing property so that they can provide better lifestyle to their parents, some of them go aggressive on having a beautiful property built where they plan to live after relocating to India. The Real Estate Regulatory Authority or the RERA has had significant impact on such property investments for NRIs and here's all you need to know about it. Read on!

Impact of RERA on Property buying for NRIs:

Many NRIs often back out from their plan of buying a property in India due to the non-transparent and fraudulent activities done by many real estate agents in the past. The lack of standardized processes for buying properties, untimely completion of projects done by local constructors and the non-availability of legal recourse for property buyers are the major reasons behind NRIs backing out from buying properties in India. However, RERA has made significant changes in the way real estate operations happen and is trying to regain the confidence of NRIs looking to invest in India. This blog is an overview of how RERA is going to transform the real estate industry in India

1) Increased transparency:

One of the biggest reasons behind NRIs backing out from investing in real estate properties in India was the lack of transparency exhibited by the property owners or real estate agents. The days when builders concealed relevant information regarding the property space or the project completion details are gone for good with the RERA Act. RERA has now made it mandatory for all property builders to publish relevant information about the property on their website including the number and types of home available for occupancy, layout plan of the construction, status of the title and so on. This step of making it a mandatory rule to remain transparent by publishing all the relevant data online is a great news for all the NRIs out there dreaming about buying their property in India.

2) Assurance about the timely delivery:

In a pre RERA scenario, property buyers often felt disheartened due to the untimely delivery of projects. The builders often delayed the completion of their projects at hand either because they re-routed the funds that were allocated for completion of a particular project to other projects as an advance or they sold the projects without obtaining the required permissions from the government. Post RERA, such fraudulent acts have almost reduced to zero as RERA has made it mandatory for builders to deposit 70% of the money collected from property buyers in a separate bank account and the usage of such funds is strictly restricted. Thus, the NRIs can now rest assured about the timely delivery of their real estate properties.

3) Regulations to specify the exact property area:

Pre RERA, many unscrupulous builders often deceived property buyers by specifying flowery property area including the common areas like balcony, terraces and the verandas as part of the overall layout. The result was that many owners ended up with properties much smaller than the portrayed picture. Post RERA, there have been regulations which makes it mandatory for the builders to specify the exact property area by providing the break-up of carpet area, balcony area, bathroom area and so on.

4) Builders need to pay penalties for delays caused:

Delays in the completion of building projects was a common deal pre RERA and the builders often easily got away by giving lame and weird excuses and investors were almost always on the losing side. Post RERA, such issues have significantly decreased due to the clause that builders will now have to to pay huge penalties for delays caused. This particular clause has made builders directly responsible and more importantly accountable to customers.

If you are an NRI and looking to buy a house in Kerala then, do checkout exclusive range of projects from Victoria realtors :

Villas in Palakkad

Villas in Thrissur

Villas in Coimbatore

Hope you found this article helpful. Feel free to share your thoughts in the comments section below.

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29-Jun-2018

RERA Impact On Builders

The Real Estate Regulatory and Development Act passed in the year of 2016 by the government of India is proposed to put an end to various issues in the real estate sector with a promise of protecting the interests of the home buyers. RERA includes many policies that will increase the transparency of transactions in the world of real estate. Lack of transparency is one of the major reasons to many fraudulent activities and RERA has created a hope for better and a more systematic way of dealing with the real estate transactions. Post RERA, there have been significant changes in the way things are carried out in the real estate industry. The impact of RERA is seen not only on the home buyers but also on the builders. Home buyers can now confidently invest in real estate without having to bother too much about scams and frauds. This blog is an overview of RERA's impact on builders. Read on!

RERA impact on builders:

 
1) Full and complete disclosure on the website:

RERA has made it mandatory for every property builder to post information of projects on their websites. Builders are also required to clearly specify all the relevant data and specifications about the property on their website. Information concerning the title of the deed, co-owners, details about common area space like the parking lot, gardens, gym area, club area etc must be clearly specified as well.

2) Approval of a 2/3rd majority of allottees is now needed to make alterations to the property:

Gone are those days where builders made minor or major alterations to the property layout without seeking the approval of the respective allottees. RERA has now made it mandatory for builders to get a formal approval of 2/3rd majority of the property allottees before they proceed with any minor or major alterations.

3) Specifying the exact carpet area is mandatory:

A lot of home buyers had various issues with the fraud or scam made by the builders with regards to the carpet area. The total area of the house specified by the builder or agents were quoted after including the area occupied by the balcony, store room, veranda and so on. This resulted in huge disappointment in the buyers as they ended up having homes smaller than what they had expected. RERA has fixed this issue and regulations have been made to ensure that builders specify the exact carpet area of the home.

4) 70% of the funds collected from the property allottees must be deposited in a separate bank account and will be treated as a reserve account:

Pre RERA, builders had no legal restrictions on the application of the amount collected from the property allottees. This often led to delay in the project deliveries as builders often allocated the money collected from property allottees for various other projects. RERA has now made it mandatory to deposit 70% of the total amount collected from the property allottees once it is collected. This ensures the right usage of funds and minimises the chances of delay in project deliveries.

5) Withdrawal of funds must be in proportion to the completion of a project:

The amount withdrawn from the reserve account must now be in proportion to the project completion as per the law in RERA. Such withdrawals must also be audited by professional statutory auditors, accountants or chartered accountants. Thus, the builders cannot withdraw money for purposes other than the completion of the project.

6) Interest levied for delay in the completion of projects:

Delays in the project deliveries had become a common deal in the world of real estate. This had diminished the hopes of many buyers. But with the RERA, there's going to be a huge downfall in the trend of delay in project deliveries. The builders are charged extra interest and penalties for the period of delay.

If you are looking for villas in Palakkad, Coimbatore or Thrissur, do get in touch with us.

Hope you found this article on ‘RERA Impact On Builders’ helpful. Feel free to share your thoughts in the comments section below.

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06-Jun-2018

Is buying house a good investment?

Buying your first home can be a daunting task. Deciding whether or not investing in a home is a good idea is more or less complicated task! There are many people who can help you with what type of properties suits your requirements and budget or where and how to get things done to own your first home, but taking the call of whether or not you need to invest in a home is totally your decision. Investing in a home is one of those things where you should not make a wrong decision! Buying a home or investing in your first property can be a good or bad idea depending upon a lot of factors including the intent of the investment, the time horizon of your investment, the liquidity factor and so on. Put it simply, there's no hard and fast rule which will tell you whether or not buying a house is a good investment for you. But there are certain circumstances where buying a home make perfect sense to you and might help you increase your wealth. This blog is an overview of such situations where buying a house is a great idea. Read on!

So, Is Buying A House A Good Investment?

You need to ask yourself 3 questions to know if buying a home is a good idea for you.

Question # 1 - What is the intent of your investment?:

The intent behind your investment is the first thing you need to know before you jump into the bulsiness of buying your first home. Do you want to invest in a home because you want your own place to live in without being answerable to any landlords? Or do you want to invest in your home because you're hoping to make more money after 3 to 5 years by selling it off? Answering these questions is very important because they determine the kind of properties you must be looking for and whether your whole idea of investing in properties makes sense to you or not.

If you want to buy a home because you wish to live in a property that's your own, the owning a home is a great option for you. But on the other hand, if you're looking to make profits in the future by selling the property, you should better be looking at commercial properties with high value appreciation potential. So, depending on your intent of purchase, you can determine whether buying a home is a good investment for you.

Question # 2 - The time horizon of your holding of the property:

If you plan to live in your home for a couple of years and later sell it away, investing in a home might not be a great idea. In this case, you could rather invest in more profitable property deals like commercial real estate investment. On the other hand, if you wish to hold your home without selling it for a long period of time, say 15 to 20 years, you're in for great profits. Investing in land or properties for long period of time is a great idea as the value of land and properties almost always increase and do not come down, except in special circumstances. So if you're looking at your home as your residence for more than 15 years and then sell it away and make a fortune out of it, buying a home is a good investment for you.

Question # 3 - What is the liquidity of funds you have?:

Investing in a home means setting aside a major portion of your earnings. It's an equity investment and converting this investment into cash takes a long time and lots of processing. Thus, before you lock your funds into investing in a home, you must be sure of your financial conditions where you still have other sources of income or other investments that are more liquid-able in nature. If you already have enough liquid-able assets or investments, then buying a home is a good investment by all means.

Hope you found this article on ‘is buying a house a good investment?’ helpful. If you need more expert advice on real estate property investment then do reach our advisors for professional help. Also, if you are actively searching for homes with high-value appreciation potential in Palakkad and Coimbatore then do explore our portfolio of uniquely crafted villas in Palakkad and Coimbatore with all modern facilities.

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10-May-2018

New Construction Home Buying Process

Some people don't wish to settle down for homes that were used before by someone else and want to have their own newly constructed home for themselves! If you belong to this particular group who wants their home to be super new and clean, here are some tips that'll make your new construction home buying process an easy one! Buying a brand new home from a builder may involve various challenges you don't want to face. Hang in tight to make your new construction home buying process a simple one by following the tips below.

1) Hire your agent before you meet new construction home builders

Hiring your own agent even before meeting the new construction builders is always advisable because it saves you a lot of money and time. If you choose to meet builders without your agent, chances are high that you can be tricked by builders into committing to things you may not even need. To avoid such hassles and have a smooth run throughout the process, hire your own agent and let he or she introduce you to the builder. That way, you're covered from a lot of risks!

2) Get legal advice before you make your final decision

Getting legal advice from real estate agents or lawyers would keep you out of unnecessary hassles. Don't sign on any contracts without exactly understanding about the terms and conditions specified. Ensure that you totally comprehend what you're signing up for. Most of the purchase agreements are designed to keep you out of court but it doesn't mean that the basic purchase agreement is all you should be looking out for. It might not save all your interests. Thus, taking legal advice from professionals is not something you'd regret later!

3) Managing Finances

Often, builders recommend you to use their own lenders to finance your home loan but you must wait before you jump into any conclusion. Getting your finance raised from the lender arranged by the brand can be dangerous because the lender will easily know how you're progressing. So, it's always safer to opt for lenders who do not have any relationship with your builder.

4) Verify the reputation of the builder

Verifying the reputation of your builder is important to know their manner of operation so that you'll not face any troubles with your builder in future. If a buyer has had a bad experience with any builder, more often than not, it spreads like wildfire within the community. You need to check if such bad repute was a one-time thing or if the builder is consistently doing bad work. For this, you need to talk with the neighbours and ask them about how the builder operates. This'll give you better insights about your builder.

5) Price of upgrades

One of the most important questions to ask when buying a new construction home is about the money required for upgrades. You need to note that a lot of builders charge bare minimum costs for selling the property but their major chunk of profits comes from the upgrades they make to your property. The upgrades might be very small but they're going to be charged high. You might end up signing the agreement without taking note of this and might end up paying high prices for tiny upgrades.

6) Take help of a home inspector

Before you decide on the property you're going to buy, approach a home inspector and get your property inspected. Examining the kind of materials used while constructing the building is a task that requires great amount of technical knowledge and let's admit it, most of us don't have that knowledge. Even though we do, it's still better to take expert help to avoid future problems. You won't regret paying the charges for your home inspector because you can rest assured that you won't face any problems in the future due to the poor construction standards of your builder.

If you are looking for houses or villas in Palakkad then feel free to explore villa offerings from Victoria Realtors.

Hope you found this article helpful. Feel free to share your thoughts in the comments section below.

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27-Apr-2018

Home Loan Tips For First Time Buyers

Buying a home can be a nerve-wracking experience for many. The reason is that there are hundreds of things that needs to be taken care of before one can finally buy a home! Applying for a home loan is one of the most common ways of home financing and this is where it all gets trickier for most people! If you're in the same place, this blog is going to be very useful for you! Here are the top home loan tips for first time buyers that'll prevent you from landing yourself in a soup! These tips are especially useful for first time home loan borrowers in India. Let's get started!

1) Plan on how much amount of loan is affordable for you:

You might be totally in love with that luxurious 2 BHK villa close to the heart of the city, but you need to consider your affordability to pay the monthly loan EMI. You might end up paying 80% of your total monthly income just for the loan EMI and this will leave you with a shoe string budget to manage other expenses. Ideally, whatever you pay for the loan EMI must constitute less than 50% of your total monthly income. Most of the banks consider this factor too but private money lenders might lend you more than that leaving you in an ocean of debt! Thus, the first step would be to plan how much loan is affordable for you.

2) Raise your down payment:

Banks usually provide only 80% of the total property value as loan. This means that the rest must be raised by you as down payment. The next step would be gather the amount of down payment. This may be through savings or hand loans. Ensure that you arrange for down payment first before you apply for the loan.

3) Get your basics about loans right

Getting the basics right becomes important especially if you're a first time home loan buyer. Do your homework before approaching your bank. Know how much time banks would take for processing your loan, what are the documents you'd be required to submit to banks, how the banks will run a legal scrutiny and so on. This way you'll be prepared well in advance for the things you'd be required to do which will save you good amount of time and unnecessary trouble and delays.

4) Maintaining a good credit score:

Banks always look at the credit score before approving your loan. You can check your credit score through various online platforms and ensure that you'll get your loan approval. A credit score above 700 is excellent and banks would be more than willing to approve your loan. But it'll be very troublesome if your credit score is less than 500. Cracking your head over gathering of documents and wasting time in the banks makes no sense when you already know beforehand that your credit score is low.

5) Compare different banks to get best rates!

At the end of the day, loans are all about numbers and lessening your costs in the process of loan borrowing should always be on your cards. Compare the rates offered by different banks in order to get the best rates. Doing a little homework on the tie-ups builders have with certain banks which might waive you off a good percentage of interest is always beneficial!

6) Fixed rates V/S Floating rates:

Many people might advice first time home loan buyers to opt for fixed rates loans. But that's not always the best option for anyone. If you settle down for fixed rates, it means that you'll be paying the same rate of interest throughout the tenure of the loan. On the other hand, floating rates varies according to the market. So opting for fixed rate loans might not allow you to enjoy the low rates when the market's down.

7) Claim your tax benefits:

First time home loan buyers can always claim the maximum tax benefits on their first home loan. Do your research about such tax benefits and ensure that you get the best deal for yourself!

If you are looking to buy a home , then do consider villa offerings from Victoria Realtors: Villas for sale in Palakkad

Hope you found this article on home loan tips for first time buyers helpful. Feel free to share your thoughts in the comments section below.

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13-Apr-2018

Why is Location Important When Buying a House

When you are searching for the perfect abode, the biggest confusion is whether to base your final decision on the property (house, in this case) or the location around the house. A beautiful house with good interiors, spacious rooms, nice view, better furniture, and colorful interior decorations are the checklist for a dream home to many. Should you be looking at these features or at the proximity from schools, hospitals, supermarkets, repair shops, gyms, showrooms, workspace, clubs and pubs, gardens and so on?

The major dilemma of choosing between a location and the property is solved in this blog. Here are some reasons why we (and the real estate experts) feel that considering the location of the house is more important than the house itself. Because what's more important than a beautiful home is beautiful living and that comes only when both home and location are perfect!

The house can always be modified, unlike the location!

Prioritizing the location is important because you can always modify the property later on by adding, but you cannot modify the location you are living in. Well, unless you're a billionaire who wants to develop the entire locality around your home.

The four most important factors that make a good location are safety, transportation convenience, good neighborhood and good drainage systems. If these components are not present/available in your desired location then, even the most beautiful house will be of no good use. The proximity of your house to the nearby locations like the stores, the hospital, the schools, the shops, your office space are also very important to be considered before you finalize on your house. You don't want to end up driving miles together to reach your workspace, drop your kids at school or to the shop right?

So, it's a wise decision to fix upon the location first and then decide on the property. You can always have additions and make renovations to your property and modify it like your dream home once the location is perfect. And that will make for a beautiful living!

Best locations save your money!

Buying a home is undoubtedly one of the biggest investments that you make in a lifetime. And saving money in this process is going to bring you more satisfaction. By making the best selection of location you would be saving a lot of money in the long run. Many people who buy beautiful homes in not-so-great location end up selling them away after a year or so and spend again on buying a new property.

By looking for the best location, in the beginning, you can easily cut down on all such unnecessary costs. Well, it would cost you a little extra to make additions to your house to make it your dream home, but this investment will be worth it because you're going to live there for a good number of years!

Bottom-line is that looking for the best location is more important than looking for a beautiful house. Home hunting will become easier than ever once the location is fixed.

Having said that, have a happy home-hunting experience!

Hope you found this article helpful. We have tried to highlight some important factors to support why is location important when buying a house. If you are searching for budget-friendly villas in Palakkad with a host of world-class amenities then do get in touch with us. Our projects are situated at prime locations and provide the perfect mix of comfort, convenience, and affordability.

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02-Mar-2018

Things To Buy For A New House

Shifting to a new house is always exciting! It means adapting to the changes in a lot of things ranging from neighbors, rooms, the structure of your home, the market around, new friends and so on. One of the first things you'd think about when you move into a new place are the things you would need to buy. Right? Here's a blog on things to buy for a new house. Read on and make your personalized checklist before grabbing your wallet to go shopping! So, here's the first home essentials checklist!

Things To Buy For A New House:

1) The living room furniture:

The living room furniture is the first thing you need to buy. Living room furniture has transformed by the day and you can check out the coolest stuff online which will make your new house ultra-modern. Looking at the furniture designs in a catalogue and getting it done by the carpenter is definitely not an old-school idea! It is an evergreen trend and exists till date. Get your living room furniture carved suiting your own tastes and preferences. So this is one of the first things every house should have!

2) Kitchen items:

One of the most important things to include on your shopping list is the kitchen accessories checklist. It needs to have everything you require for cooking, storing and serving. Having an extra dozen of plates and spoons is a must because of guests or friends who might come home to dine. Make a list of everything you'd need and don't forget to buy a refrigerator and an oven if you use it. To get updates on the latest kitchen gadgets, you can just enter a mega store and see the home appliances section where I'm sure you'll be finding the newest kitchen tools that'll make your life easier and more comfortable.

3) Home decorations, curtains and bed sheets:

The very look and feel of a home is influenced a lot by the décor it has. Even a simple home can look retro or modern according to the owners taste with the usage of the right kind of home decor. Getting the right one won't be difficult at all. All it requires is a good taste or a good hold on best blogs available. These blogs can help you know the latest trends of home decorations. The curtains you purchase again must be in contrast as compared to the colour of the walls.

5) Electronic appliances and gadgets:

Necessary electronic gadgets like Television, oven, AC, refrigerator, washing machine, water purifier are also some of the primary things to buy for a new apartment. These can however, be bought at a later date if your financial conditions are not too strong! But of course, they have to be considered to make your life much simpler!

So, these were some of the basic essentials that you should invest in before moving into your new house.

If you are looking for a new house, then do consider Victoria Realtors offerings in Kerala :

Hope you found this blog on ‘Things To Buy For A New House’ helpful. Feel free to share your thoughts in the comments sections below.

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09-Feb-2018

Why 3BHK Houses Are Preferable Than Conventional 2BHK Houses

Times have changed now, and everybody realizes the importance of doing some research before spending loads of money on properties. Staying in your home makes the world of difference to your life for sure. The most prominent dilemma that many people face at this point is the decision of buying a 2 BHK house or a 3 BHK house. Which one's better? We would say buying a 3 BHK is more preferable than investing in conventional 2 BHK houses. Here are the reasons:

1) The timeless beauty of luxurious space:

We have to agree that the biggest advantage of buying a 3 BHK home is that extra room you have. If you are a couple, you probably might argue that 2 bedrooms would more than adequate for a comfortable living experience. You would feel so initially until there are some guests at home or when your relatives come for a visit. So buying a 3 BHK means getting access to that extra room and this fact makes all the difference.

2) No pain of going through paperwork:

There are many people who buy a 2 BHK and later would want to shift to a 3 BHK due to the space crisis faced at home. These people are often seen running from one government office to another in order to get all the documents and finish the entire documentation process at ease. This occurs mainly because there is a different set of formalities and legalities for 3 BHK when compared to 2 BHK homes. You can avoid all such future contingencies by simply investing in the 3 BHK in the first place. Because the space crisis is most likely to occur to most families.

3) Serves the purposes of family expansion:

Right now, maybe it's just the two of you who want to move into a new house. But if you have any plans for future family expansion, the best thing to do is to buy a 3 BHK. You're only investing a little extra than what you would when you buy a 2 BHK, and this will give you great satisfaction and peace of mind. If you later fall short of space and want to shift to a 3 BHK, the rates of houses might have exponentially increased! So why take a risk when you know that you're going to expand your family in a year or a two or five? Make a wise decision!

These were some of the reasons why we say that buying a 3 BHK is a smarter decision than buying a conventional 2 BHK house. At the end of the day, note that it is your income inflow and outflow that's going to count the most here. If you cannot bear the extra amount of cash outflow which you might incur if you decide to switch your decision from 2 BHK to 3 BHK, then you shouldn't get into it at all! So, weigh your priorities before taking a final call!

If you are looking to buy a 2 or 3 BHK house, do check Victoria Realtors villas in Palakkad

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30-Jan-2018

Reasons Why People Buy Luxury Homes

Regardless of the economic conditions in the country and high inflation rates, one thing that does not change is the demand for luxury homes. And why not? Luxury homes are always desired by the rich and the established sections of the society like successful business owners, high position corporate personnel, scions of the traditionally rich family and so on. Is it only the comfort or the luxury of these homes that makes such people buy them? We argue to differ. Here are reasons why people buy luxury homes. Read on!

1) Security is at its peak:

One of the primary reasons why people invest in luxury homes is because of security. It can be the trained security personnel outside the building or other types of installations like CCTV cameras. The rich sections of the society would always prefer a home that has a high level of security for them and their family. ( And of course, for their expensive assets as well)

2) Matter of pride and status:

Many rich people wish to buy a luxurious house mainly because it gives them a sense of pride and high status. They want to show to the world that they are living and experiencing the best possible lifestyle. They have loads of money and what better way of spending it than buying that luxurious home in which everybody has an eye on? They aspire for a house that shouts out their rich lifestyle to the world rather than just a postal address which is very conventional and mainstream.

3) Comfort at its best:

Luxury homes these days are more than just a place to dwell. It's a package of many world-class features that help in leading a luxurious lifestyle. The swimming pools, gyms, meditation centres, manicured lawns, basketball courts, internal board room area are just some of them worth mentioning in this list. All this provides for a comfortable and fun-filled place to live in. Many of them own homes with such lavish facilities in the middle of high-profile localities as well.

4) Best investment:

HNIs or the High Net worth Individuals deem luxury abodes houses as a great investment opportunity. The most important reason behind this is that luxury homes are performing assets which means that these assets increase in their value over a period of time. Owning a luxury home for them is like a secure investment. If they have to sell the property after a while, they can be sure of getting a high return on their investment.

5) A modern lifestyle:

One of the most attractive aspects of buying a luxury home is the modern lifestyle of the people occupying the space. IT has bought a lot of changes in this regard. From electronic security systems to remote controlled window shutters, everything adds to the lifestyle wanted by the rich and the influential. So for those of you all who desire for an ultra modern lifestyle, buying a luxurious house is the best decision!

These were some of the reasons why people love to buy luxury homes. At the end of the day, what we need to remember is that there are thousands who dream of owning a luxury villa or apartment but not everybody can have it. Owning one by taking heavy loans and regretting later serves no purpose. Only invest in such luxury homes when your income generating capacity can support such expenses!

If you are looking for luxury houses in Kerala then, do consider the exclusive range of luxury villas from Victoria Realtors:

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07-Dec-2017

Bedroom Decorating Ideas

We all love those bedrooms that are shown in movies with a perfect look and comfort that a person needs. "Well.. they are movies, and they've got a team of people who'd help them design these, so forget planning for it." We hear these lines very often, don't we? But wait! Really? Is it so hard to design your bedroom in a beautiful manner? The answer is NO. Not at all! With a little knowledge of bedroom decorating ideas, you can create or rather, re-create the look of your bedroom in a way you'll fall in love with it! Just a little bit of your time and a little bit of creativity is all it needs. Here are some secrets for bedroom decorating ideas that you must try and I'm sure you'll not regret it. So here we go!

Simple Bedroom Decorating Ideas:

The basics first!

The colour of your bedspread must be in contrast with the colour of your walls. Don't buy a bedspread whose colour is exactly like that of your wall; this makes your room look dull and dingy. If you manage to find a bedspread that goes with your favourite theme, then it's best for you! With that level of personalization, you'll totally love your room!

Using great DIY ideas to decorate your bedroom isn't hard at all:

There are plenty of easy bedroom decorating DIY ideas which you can look up and try. But one thing you need to take note of is to not go in contrast with your theme. Like suppose, your theme is a western comic show, so then, don't go for DIY ideas in Indian style or vice versa. Too many different themes will make it all look very messy and confusing. Using beautiful woollen weaved wall hangings is also a great idea. If you know knitting, you must really try some DIY ideas and decorate your bedroom in your own favourite way!

Using bedroom decoration images:

You'll find many bedroom decoration images or posters that you can stick to your wall. Select a design that best suits you and pick your favourite one. A lot of people use images of nature or cars to decorate their bedroom. You can also hang your own photo frames in your bedroom. After all, you are the biggest fan of yourself right? So why not give that a try? You may also opt for some bizarre paintings with vague and abstract interpretations. It's a great way to keep you thinking too.

Stars and planets:

If you're a lover of the night sky, you must really try using some glowing stickers of stars and planets on the roof of your bedroom. It flows and shines in the night giving you a delightful night sky experience! This one's also apt for small bedrooms as it creates an illusion of sky which makes you feel that your room is very large! You can also stick them on your side walls.

These were some simple bedroom decorating ideas. In order to master bedroom decorating ideas, you must just let your creativity flow! If you're good at painting, time to grab those painting brushes and give your own "strokes" to your bedroom with bright colours! Just be creative and put in little efforts and you'll create a beautiful bedroom that you'll totally fall in love with!

If you are looking to buy a villa houses in Palakkad then view Victoria Realtors Offerings in Palakkad.

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27-Nov-2017

Interior Design Ideas For Your Home

Gone are those days when homes were built for its most basic purpose - living! The generations have rolled and today homes are not just cover for living, but they reflect the tastes and styles of the people who live in them! Many people spend a fortune to create that perfect look for their home by hiring the best interior designers and purchasing expensive materials. But who says that a perfect look can only be achieved by best designer and expensive things? It's all about the creativity and a little bit of thinking! So if you're looking for some best interior design ideas without costing a fortune, then you're in luck.

Interior design ideas for living room:

If you're a lover of antiques, you must definitely buy them and make sure that you don't keep them at a shady corner where no one can see them. Try keeping these antiques right in the center of your living room. When there's good sunlight, the shine on these antiques will surely make it worth the effort. Using weaved handicrafts is also a great idea to decorate your living room. You can find many weaved wall hangings! Choose the shades that go with you’re the overall color scheme of your house.

Usage of mirrors in the living room is a trend these days! Using large mirrors in your living room can make your space look appealing and charming! So yeah...time to buy those large wall mirrors to give your wall a perfect look!

Interior Design Ideas for bedroom:

A bedroom is a place where you relax, and you don't need to make it "appear" beautiful to others. It should be totally customized according to your own tastes and preferences. Die heart fan of a superhero or a movie star or a TV show or a movie? Why don't you get that poster painted on your wall? Yes, I'm not kidding. There are some really talented artists who'd be willing to do that for you. Time to give it a try! Also, lighter shades of curtains for your bedroom windows.

If you're a person who loves to read a lot, then check out some really cool furniture for keeping your books! The designs currently available in the market are so perky. Get them; it'll add a touch of elegance to your room for sure! Using bean bags is yet another way to decorating your bedroom. And if you're a fan of DIY crafts, there are plenty of wall hangings and rooftop hangings that you could work on based on your requirements. It’ll make your room even more classy and lovable! Time to get those pair of scissors and get creative!

Interior Design Ideas for small house:

So what if you've got a small house? You can still make your home look very beautiful. The best interior design idea for a small house is to use short-sized furniture ( short sized chairs and tables) in the living room. This makes the living room of your small house look big in size. Using long curtains is yet another amazing idea. Use creative themes for your curtains or just keep it simple and classy by choosing cotton silk material in silver, bronze or even ones with shades of gold. Oh! You'll love gazing at your curtains then! Usage of large mirrors is also a very good idea to make your small house look big and beautiful! This tip holds good for interior design ideas for small flats as well.

If you’re looking to redesign your space with elements in sync with Indian tradition, then investing in antique furniture would be a good idea. You may also opt for antique-looking flower pots and place it at various points in the room along with decorative paintings and wall hangings. Usage of silk material pillow covers for Diwan and Sofa with patterns reflecting Indian tradition is also a great option.

So, these were some interior design ideas which are simple yet elegant, and at the same time easy on your pocket. Try them out today!

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02-Nov-2017

What To Look For In Your First Home

Owning a home is one of the most satisfying experiences in life. However, the present market conditions have made it a tad bit challenging to own a home. Rising prices and interest rates have put off many prospective buyers looking to invest in their first home. But there is a workaround here. You just have to be realistic in your quest to own a property. What many fail to understand or realize is that owning a dream home doesn’t necessarily mean spending over and above your limits. A dream home is not a place with the best in class features; a dream home is a place where your family is happy. In this blog, let’s look at a few aspects that would help your quest to own your first home.

What To Look For In Your First Home: Important Factors To Consider

PRICE:

How much can you afford? Once you start your journey with a set budget in mind, the whole process becomes a lot easier. More often than not, the price of a property doesn’t match with the expectations of your dream home. This is where certain compromises will have to be made. There is no point in buying a luxury home if it’s going to put you and your family in financial turmoil. The key here is to look for the perfect balance. If your budget does not get you a villa, then it’s totally fine to invest in an apartment. Don’t keep putting off your plans of owning a new home. The rates are never going to subside.

NEIGHBORHOOD:

Where you live is often more important than what you live in. Looking for an apartment or villa in a safe and secure neighbourhood makes all the difference to the quality of life. Not just your quality of life, but also when you decide to sell the property, you can rest assured to get the best possible deal. There is a common misconception that buying the worst property in a top-notch neighborhood can get you the best deal. Your house is not just a place where you live, but an investment that should get you great returns when you decide to sell it. Also, there is a good chance that the property in question will have a lot of maintenance work to be dealt with, taking your expenses even further.

Once you have shortlisted a few neighborhoods, to ensure that you take time out to look at all the facilities available in the vicinity. What is it like on the weekends? Do you and your family have everything that you’ll need close by? Make a list of pros and cons and then proceed with the neighborhood that suits you the best.

SCHOOLS AND HEALTHCARE FACILITIES:

While schools and healthcare facilities form part of an ideal neighborhood, I’ve decided to mention these separately to emphasize their importance. Schools and healthcare facilities feature on the top when it comes to prospective homebuyers looking for their first home. Simply put, it’s part of our daily lives, or they will be one day or the other. If you have (or plan to have) children, wouldn’t it be best for them and your family as a whole to have a proper schooling facility in the neighborhood. Same is the case when it comes to healthcare facilities. If you have old parents living with you, wouldn’t it give you a lot of peace of mind to know that a top functioning healthcare facility is in the vicinity to deal with an emergency? Make it a point to ensure that these two facilities feature on top of your priorities when it comes to the locations you’re looking at. Trust me; it would do you a world of good.

CONFIGURATION:

Don’t we all love to live in a property set amidst a sprawling compound with spacious rooms and top quality amenities? To be honest, we really don’t. If you have the money to invest then go for it by all means. But if you are on a budget, you’ll have to settle for more realistic options. Do you need a cosy apartment or a villa? How many bedrooms do you want? Every bedroom or bathroom adds to the overall cost of the house. Look at options that suit your exact needs. An extra bedroom for the guest that will never arrive is not worth your time or money. If a 2BHK apartment would suit your family, then stick to the plan and go for it. If it’s a must to have a 3bhk apartment, do accordingly. Understand your priorities and invest accordingly.

The challenge for any individual who is searching for their first home is to think which type of homeowner they would like to be. It’ll be in your best interest to look at options based on the amount of money you are willing to spend and the realistic necessities that cannot be compromised in order to find an abode that is ‘close’ your dream.

If you are looking to buy your first home in South India then check out Victoria Realtors offering in Kerala :

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10-Oct-2017

Benefits Of Buying A Ready To Occupy Apartment

A house is a place that people call home. The term ‘home’ signifies warmth and comfort. Many construction companies are building apartments to cater to the new working class. As the number of companies that venture in this sector has risen at a stark rate, there is a huge pool of choices for the customers to choose from. Apartments can be classified into two broad categories:

1. Finished Apartments

2. Unfinished Apartments

Finished Apartments are the ones that have the interior done. All the wooden work (almirah and kitchen work) is done. The owner of the flat just has to take possession of the flat and move in. The company would also provide the owner with few basic amenities. There are many benefits of buying a ready to occupy apartment. Unfinished Apartments are those which lack the finishing. Such apartments are highly customizable. So the owner can get, for example, the wooden work done according to his taste and budget.

People often buy flats for two purposes:

1. Investment- Buying an apartment and later selling it.

2. Move in- To live in the apartment for a prolonged period.

A ready to move in apartment has its own advantages. There are various reasons to invest in a ready to occupy home. One can straight away rent the apartment. The new tenant would pay the rent, which would be higher compared to an unfinished flat. Also, as the flat is loaded with basic amenities, it increases the USP (unique selling point) of the apartment. If a person buys the apartment by taking a loan from the bank, then the rent of the apartment would itself pay the EMI of the bank. Also, the rates of properties rise rapidly in metropolitan cities. So the cost of the apartment would increase over time. Hence, if needed, the apartment can be sold off after some time for a higher rate. This is one of the best options if you’re looking to expand your investment portfolio.

For those who want to buy the apartment for their own personal use, ready to move apartments is a bliss. The owner can straightaway buy the apartment and move in. As basic amenities are already installed, it is quite convenient for the owner to move in. The process takes less time as the owner would only have to add a few other extra items. Also, ready to move apartments have the amenities installed by the company, so the owner can be sure that the flat is top notch and the amenities are of decent quality. These were few of the benefits of buying a ready to occupy apartment. If you are in the market for a new home, then enquire with Victoria Realtors today. The group offers a range of projects at various locations and is renowned for designing and developing homes that are affordable and infused with a host of modern-day amenities.

To know more about Victoria Realtor's offerings, please visit

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19-Sep-2017

Things To Avoid When Buying A House

There are many brands that have come up in the recent years which deal with construction and real estate development. As there are many competitors, it is vital that you as an owner make the right decision while buying a house. There are many mistakes first-time home buyers make. This article focuses on things to avoid when buying a house. Let's take a look.

Not Reading The Agreement Carefully:

It is one of the fundamental mistakes that first-time homeowners make. People often don’t read the contract carefully. The contract has many loopholes, which should be made clear by the seller. Hidden details include the power (electrical) given to the flat, maintenance costs etc. As these details are not known initially to the owner, there is a chance that it may cause problems later on.

Paying Money Before Moving-In:

Paying the entire money before moving in is one of the most common home buying mistakes. One should seldom pay the entire money upfront. Only do so if you know the contractor or seller personally. Often people can be fraudulent, and the money would be lost. The best practice is to pay a little ‘token’ money upfront. This establishes a trust between the buyer and seller.

Moving Into A Less Populated Locality:

Moving into a less populated area is one of the things to avoid when buying a home. It is not advisable to live in a less populated area. As the area would look deserted, chances of robbery and theft are quite high. Also, one likes to know their neighbours. Living in a less populated area would mean lesser or no neighbours. Also, as the area would be less developed, services are bound to be expensive in that area. For example, the person delivering your groceries would charge you extra.

Buying a Raw Home When You Prefer A Finished One:

Buying a raw flat is not always a good idea. Although a raw flat is highly customizable, one should opt to look for finished or ready to move in flats. Such flats are usually equipped with basic amenities. And as such amenities are installed by the construction company, any repair would be done by them. However, if you prefer to buy a raw flat, make sure that all the work (finishing) is done before you move in. As doing any work after you move in will mean a lot of hassle and will make you uncomfortable in your own home.

Only Buy If You Intend To Stay:

Only buy a house if you intend to stay in it for at least 10-15 years. If you have a job that sees frequent transfers, then buy a home for investment purpose. You’ll get a good return on your investment when you eventually decide to settle down and will be able to reinvest the same to buy a home that suits your needs.

These were some of the more common home buying mistakes that one must be cautious of and at the same time avoid before investing their hard earned money. Make sure that you are fully satisfied with your choice of a home before committing.

If you are looking to buy your first home in South India then check out Victoria Realtors offering at Palakkad :

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29-Aug-2017

How to decorate your home on a budget

Every one of us wants our home to look beautiful and a total knockout. However, some people think of home decor as a thing for only houses with large spaces and big backyards. But that’s not always the case. Even if you have limited space, you can decorate your house like any other. Next, comes the budget. Oops! Don’t worry. Even with a limited budget, you can do wonders when it comes to decorating your space. Follow the low-cost home-decor tips given below to learn how to decorate your home on a budget, and you'll see the magic enroll.

First things first: Get Organised

The best option to begin your quest is by getting organized. Build a simple shelf, or a nightstand with the wooden waste logs lying in your storage and organise your clutter. A free space will automatically bring up freshness to the room.

A cool headboard

We have some very nice and cheap decorating ideas for the bedroom. Headboards always look good. You can build one for yourself with the help of cardboard or wooden planks and decorate it with any low-cost beads and shimmers to suit your room.

Make use of unused furniture

Have some good furniture stuff lying around in storage? Bring it out and put your creativity in the driver seat. For example, if you have two waste mattresses, cover them up with a clean sheet and have them placed in your living room. Pair them up with normal cushions and fluffy backs to form a sitting space which can be doubled a sleeping space too. This is a great and cheap decorating idea for living room.

Divide large spaces

A big room can be divided into two parts. You can decorate a house with a minimum budget by placing a cheap and easy shelf in between the room. You can fill it up with some home-made artwork or books. This will add a good look to the large space instantly.

Illuminate the spaces

Did you know that you can easily decorate your home with waste materials? Build up some great lights using the unused papers and charts in your home. Use some spray paints on them to create a lamp shade. This will add a good look and an enhanced lighting set-up to your space.

Decorate the ceiling

This is a great tip for home décor. Step up and paint the ceiling of your rooms with designs that resonates with your lifestyle. For example, you can make stars out of colorful hard paper and hang them from the ceiling for a beautiful effect. This is what you call how to decorate home without spending too much money.

So, these were some of the cheap decorating ideas for your home. You can easily come up with your own home decor ideas and blend them with some creativity to make your space a beautiful place to live.

If you are looking to buy a home on a budget and decorate it, you can visit top Victoria Realtors, the builders in Palakkad through the below links:

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28-Jul-2017

Tips for Furnishing your First Home

Moving into your first home is always a moment of great joy and happiness. Almost every homeowner thinks long and hard when it comes to furnishing and decorating their new home. This blog, titled “Tips For Furnishing Your First Home’ is aimed at first time home buyers who are looking to furnish their new home. How to furnish a house from scratch? There are so many things that need to be taken care of, and the most important aspect is the budget. Owning your first home itself requires an enormous investment. So, be extra careful when it comes to managing your budget. Check out the 'tips for furnishing your first home' given below to know what all to take care of.

Try to keep it simple:

All you need is a good start. Try to opt for more neutral elements. A combination of black and white colour patterns for the furniture would be classy as well as elegant in looks. You can go for timber tones and other neutral shades. Opt for inexpensive floor rugs and small cushions which would never go out of style.

Important things first:

Don’t end up buying everything at once. First, go for only the important stuff. Then, give it some time and thought to figure out what other items you would like to purchase. You need to plan wisely so as not to miss out on important things. Make a list with all the items that are absolutely necessary. Prioritize them according to their necessity and shop accordingly.

Well-defined bedroom:

Your bedroom needs to be well furnished to make your house look great overall. Think about investing in a good quality bed and nightstands to give your bedroom the look and feel it deserves.

Paint:

Having a great paint job is one of the most affordable and impactful ways of transforming your home. Make sure that you decide on a pattern that reflects your lifestyle and attitude. However, ensure that you don’t go overboard with this. Be sensible; it’s your home – a place that you would be coming back to every single day.

Examine the rooms:

You need to take this seriously. Analyze and know the dimensions of your rooms and only then invest in heavy furniture. You don’t want to bring home a piece of furniture that doesn’t even fit in your space. To avoid wastage of time and money, analyse the dimensions first.

Take it slow:

Consider furnishing your first home as a massive assignment. What happens when you receive a big assignment or task at work? You look at it and prepare a schedule to get all the work done. Same is the case with furnishing your first home. Keep the list you have prepared handy. Buy things that are important first. You don’t have to purchase everything at once. It’s always a time-consuming endeavor when it comes to furnishing your first home. So relax, and take it slow.

You can check our villa offerings in Palakkad: villas in Palakkad 

These were some valuable tips for furnishing your first home. Hope you found this blog helpful. Feel free to share your thoughts and comments below.

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17-Jul-2017

House Hunting Checklist for Home Buyers

As exciting as it sounds, hunting for a house is an equally hectic task. You would never want to end up in a house that lacks the important things you need. God forbid if you later have to deal with some serious issues that would make you regret your decision in the first place. Whether its manual or online house hunting, the rules go by all the same. Relax. All you need is a basic house hunting checklist, that would let you look at all the important things at once so that you can land on your dream house.

House Hunting Checklist for Home Buyers:

  • Analyse your budget

A very important and a basic start point. You need to carefully examine your budget. Look for all the possible aspects. Talk to the experts, search online and try to look for the best houses that lie under your budget. Even if you have to apply for a loan, be wise and prudent about it after consulting with various other factors.

  • Perfect Location

Let’s admit it, no one wants to experience long commutes from their home to work. We are already falling short of time by each passing day. While hunting for a house, make sure you choose a perfect location that suits all your needs.

  • What kind of home?

This will totally be your call. If you are single, a two-bedroom apartment/villa might be good enough for you. If you are a family with 2 kids, you might need a 3-bedroom apartment/villa, or maybe 4. The trick here is to decide how much will be sufficient. You don’t want to exceed your budget by owning an apartment/villa that is too big than what you’ll ever need.

  • Plumbing Systems and Wiring

While inspecting the house, check for all the plumbing systems. See if any of them have a leakage problem or blockage of any kind. No one would want to experience such petty issues after they move in. It is better to be thorough with these beforehand. You might also want to run a quick check on all the wiring systems. See for every switch and plug board, working correctly or not. When satisfied with everything, only then make your decision to move in the respective house.

  • Proper Ventilation

The atmosphere inside a house can get suffocating if there is no proper ventilation. While house hunting, look for the kind of ventilation system installed. A good exhaust fan at every other corner, a nicely installed chimney might be some things you’d require. Also, see that your house has a nice balcony or an inlet of natural light, to give a refreshing feel to your home.

  • A Backyard or the Terrace

Once in a while, you’ll need a place where you can relax, recreate yourself, maybe workout a bit in the open. Having a backyard in your house or even a good open terrace should be part of your house hunting checklist.

  • Good storage systems

While hunting a house, it will be very wise to check for intelligent storage systems. A block beneath the stairs or a storage area under the sofa which makes for a good space saving storage area.

  • Good Neighbourhood

To be able to reside for long at a location, you need a good neighbourhood by your side. While hunting for a house, run a quick check or survey through the neighbours. Try to know them. What they do and whether they are all good and employed people. This will help you adjust easily to the environment.

These are some very cool tips for house hunting you can follow to chase the perfect house of your dreams.

If you are looking to buy a house in Kerala, then check out Victoria Realtor's offerings in Palakkad :

Villas in Palakkad

Budget House in Palakkad

Luxury Villas for sale in Palakkad

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27-Jun-2017

Land Buying Checklist

A handy land buying checklist can save you from a lot of unnecessary trouble in your quest for owning a plot, be it for resale or to construct your own home. In India, land prices are increasing on a daily basis, and for many owning a piece of land is the ultimate dream. In this blog titled ‘Land Buying Checklist,’ we will be focusing on a few points that will make your journey towards owning a piece of land easier and hassle-free.

Check Whether The Land Is Owned By the Seller:

One must be extremely careful when it comes to buying a piece of land. There are many property agents in the market who thrive on conducting false business deals. A quick Google search on this area will have you perplexed with the number of people who have fallen victims to these rackets. The first thing you must ensure before buying a piece of land, and the most important part of this ‘land buying checklist,’ is to figure out if the seller actually owns the piece of land. Ask for all the relevant details regarding the plot and if he/she has procured the legal rights to own the piece of land. If you have any doubt regarding this, then there should be no hesitance in getting legal help.

Verify The Floor Space Index Of Your Plot:

In India, many purchase plots to build their dream home. If you are among one of them, then make sure that you understand the concept of FSI (Floor Space Index). By definition, Floor Space Index is the amount of permissible area on a piece of land that could be used for construction. Even if you manage to get your hands on a vast piece of land, the FSI regulations for that particular region would determine the footprint of the structure that could be put up.

Non-Agricultural Order (NA):

There is a good chance that you had no clue about what I am going to share next. Did you have an idea that all plot/pieces on land in India are categorized as agricultural land by default? If you are in the market for a new plot, then verify that the government has de-listed that particular plot to be used for other purposes like construction.

Sale Deed:

Once you have reached an agreement with the seller/owner of the property, procure your sale deed by applying for the same at the sub registrars’ office. It is a legal document and proves that upon successful completion of all the required paperwork and payment, you’ll be the actual owner of the land.

Resale Value:

It’s always good to be prepared for the future. As mentioned in the opening paragraph, land rates are sky-rocketing on a daily basis. To get the best value for your piece of land, if and when you decide to sell it in the future, it would be a good idea to have a basic understanding of the nearby localities and the upcoming facilities in that region. You wouldn’t want to invest in a piece of land that doesn’t get you maximum resale value in the future, would you?

Civic Amenities:

If you planning to get a piece of land in the outskirts of a city, or in other words, a spot that is still undergoing transformation, make it a point to check if all the basic civic amenities like water, electricity, roads, etc. are in place. If the seller claims that all these aspects are in the pipeline, it is your duty to check with the local authorities to verify the claim.

If you have the basics covered, then owning a piece of land in India is not that difficult. For many, the lack of understanding of the basic procedures to acquire a piece of land is what makes them fall prey to illegal deals. Follow this land buying checklist and you should face no issues whatsoever in your journey to becoming a property owner.

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26-May-2017

Importance of Property Insurance

I am pretty sure that in a country like India, hardly anyone even thinks about the importance of property insurance. Many are occupied in their journey to own a home, and by the time it becomes a reality most are left with hardly any amount to even think about insuring their home. In this article on the importance of property/home insurance, I’ll try and share with you a few factors that can help you go the extra mile and invest in a good property insurance package.

WHY DO WE NEED PROPERTY INSURANCE?

Property Insurance is mainly two-fold – Structural and contents insurance. The structural coverage deals with issues or damage to the structural side of your home and the contents part take care of damages that may arise to your household items like a refrigerator, television, washing machine, furniture set, etc. If you are a homeowner or even a tenant, both these policies can help you get a lot of peace of mind. For example, Natural Calamities cannot be predicted, any structural damage arising due to a natural disaster will be covered by your insurance policy; saving you a lot of money which would have otherwise come from your pocket.

Likewise, insuring the household items is again important as it gives your protection in case of a burglary and items being stolen. The disclaimer here is that you may not be eligible for coverage if the house has been unoccupied for over a period of 30 days or in the case of items that were stolen by the maid you have employed.

HOW MUCH CAN YOU EXPECT IN TERMS OF COVERAGE?

The simple answer to this question is that it depends on the property insurance service provider. The key here is to understand that the amount is calculated differently for structural insurance and contents insurance. Structural insurance policies are derived mainly by considering the cost of rebuilding the house and contents insurance is calculated based on the future depreciation value of the item under cover.

FACTORS TO CONSIDER WHILE LOOKING FOR PROPERTY INSURANCE:

Having mentioned the importance of property insurance, let’s now look at the factors you should consider before applying for one. Property insurance providers have diverse sets of rules and regulations. The important factor for homeowners to consider would be the time taken to settle the claim in terms of an emergency. Search for providers who are flexible in this regard. The value of the overall coverage will be determined by the service provider after you share all the relevant documents relating to the property in question. The simple logic here is to find a service provider that takes less of your money in terms of yearly premiums and gives you the maximum coverage. The ‘value for money’ concept applies here as well.

CONCLUSION:

If you are a homeowner, then starting looking for a good property insurance provider now. Do not wait, as one small damage to the structure of your house can result in a huge amount being spent to repair it. Buying a home can definitely be a dream come true for many, insuring your property on the hand ensures that the dream doesn’t turn into an unforeseen nightmare.

If you are looking to buy a new house or property, do consider exclusive range of properties of Victoria Realtors:

Villas in Palakkad 

Villas in Thrissur

Villas in Coimbatore

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21-Apr-2017

How to Buy a House on a Budget

Buying a house, for many, is going to be the biggest investment of their lifetime. The entire process begins with the understanding of your need to own a home. The need may depend on many factors, but the key aspect to ensure is that you do not overshoot your budget. Many of us, keep asking the question – How To Buy A House On A Budget? Yes, the word ‘Budget’ is a very subjective matter. But, if you cannot manage your expenses when it comes to buying a house, you could end up having what is called the ‘Buyers’ Remorse.’

How to Buy a House on a Budget

In this blog, I would like to focus on a few factors that help to stick with your budget and possibly answer the age old question of How to Buy a House On A Budget.

Identify your requirements and be ready to make compromises

Buying a house often means making a lot of compromises in your overall expenses. A prospective home buyer should identify his/her requirements based on the budget at hand. In today’s day and age, it is not possible to even think about a house in a metro or other important cities owing to the skyrocketing real estate rates. Look at places a bit away from the core of the city, where rates are still manageable. Many states have all-round connectivity and a bit of travel should be considered as a hassle. Compromise on factors that are not important to you at the present moment like a garage space or an extra bedroom. It will make a world of difference in your journey to find a home on a budget.

Try and be flexible

Owing a home using involves taking a bank loan and paying it off over a period of many years. It’s a stressful baggage to have. If you are open to the idea of renting out a part of your house, then it will ensure that you get a steady income in the form of rent. You can add this amount to the dues owed to the bank on a monthly basis. Many find this idea as absurd or even are unwilling to think about it. However, for me, it’s a great option to ease a bit of pressure in terms of repayment.

Wait Till The Time Is Right

Do not think that it would be ideal to just apply for a bank loan and buy a house. You may get a loan, but the amount can get too much to deal with. Work on your down payment. Start saving at least a year in advance before buying a house. Try and give a substantial amount, again subjective, towards down payment. This will ensure that your borrowings are limited to a manageable scale.

Look For Already Owned Properties

Buying a house on a budget often means looking at previously owned apartments or villa. Don’t let your ego get in the way and force you to look at new homes. A bit a research and you’ll be able to find decent homes that meet your budget requirements. Yes, looking at previously owned homes means that you’ll have to undertake a few repair works. Look at what needs to be done, if the amount required to repair the issues are not significant then go for it. Ensure that the repair works are manageable and that you do not end up owning a money pit.

Avoid Entering Bidding Wars

Be willing to walk away from a house that you have shortlisted if you find yourself in a bidding war with another prospective home buyer. Stick to your budget and don not go overboard. It may cause you a bit of grief in losing out on the home of your choice. But be rest assured that it’s not worth taking the extra financial pressure. Look for other options, be patient and continue your search.

Sticking to the above points will help you to stick to your budget when looking for a home. Hope this blog on ‘Checklist To Buy A house On A Budget’ was of help.

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07-Apr-2017

Senior Citizen First Time Home Buyer Checklist

More often than not, real estate developers aim to lure young individuals to invest in their properties by providing all sorts of modern amenities like fitness center, Jacuzzi in the restroom and many others. However, many real estate developers today are aiming at developing properties for senior citizens who intend on purchasing a home after retired life or a couple of years before retirement.

Senior Citizen First Time Home Buyer Checklist

This blog titled, Senior Citizen First Time Home Buyer Checklist lists out a few points that senior citizens must look for prior to purchasing a home.

Cost

For senior citizens, it is vital to keep in mind the budget criteria before investing money in buying a house. Financial institutions provide loans when one has a consistent circulation of revenue, however, for senior citizens, they are mainly depended on a pension plan. Only look at properties that you can manage financially. You shouldn’t be taking extra financial burdens to invest in a retirement home. Look for homes that are affordable and has all the quality aspects in check.

Dimensions of the property

Look for small to medium sized properties. There are many real estate developers who provide great value for money options for their medium sized properties. If you are ultra-rich and can afford to buy a luxurious house and employ people to ensure its overall maintenance, then go for it. If not, it would be wise to invest in a medium sized home so that it is a manageable proposition for you in terms of its upkeep.

Safety

Some home builders give bar doors at the entryway as well as support handles throughout halls and also washrooms to reduce the mishaps that take place. Keep in mind such aspects to ensure that accidents do not happen.

Transport

Travelling can be a hassle. For senior citizens, it would be ideal to invest in a property that is in close proximity to vital healthcare institutions and other important facilities that can be accessed easily for everyday purposes.

Lifts/elevators

While walking is good for health, it may not be apt for senior citizens that don't have elevators or lifts in their apartment. Make sure that you only invest in an apartment project if it has elevators/lifts to assist you. This should be stressed even further for those individuals who suffer from certain heart ailments or other health issues.

Dedicated Open Spaces

As senior citizens spend most of their time indoors, it would be a refreshing experience to step out and socialize in dedicated open spaces that are part of the overall community. If you have sufficient budget at your disposal, then look for community living projects that provide such a feature.

Serene Locale

Youngsters can handle the hustle and bustle of a city. The same cannot be said for senior citizens. If you are looking to invest in a retirement home, then make sure that you choose an area that is a bit away from the city and located at a pristine and pollution free environment. It would further assist you in having the peace of mind that you are looking for by owning a home.

Hope this blog on Senior Citizen First Time Home Buyer Checklist was of help. If you are looking to invest in unique and affordable retirement villas in Palakkad, Thrissur or Coimbatore then do to contact our representatives.

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27-Mar-2017

Why Choose Palakkad As Your Next Home Destination

Palakkad, often referred to as the Gateway to God’s Own Country, is situated at the foothills of the Western Ghats. This quaint city has the right mix of urbanization and greenery. The growing demand for quality housing in Kerala has seen investors and real estate developers looking for exquisite locales to develop their properties for attracting potential customers, and the latest spot that has captured their attention is Palakkad. There are some unique villas for sale in Palakkad that you should look into.

If you are in the market to buy a new home and are not bound by any specific location, then investing in the picturesque expanse of Palakkad can be the right option for you. Here are a few factors as to why you should choose Palakkad to be your next home destination.

Great Value For Money 

Compared to cities like Kochi and Trivandrum, Palakkad offers a great value for money proposition in terms of real estate properties. The city has only recently garnered the attention of major real estate developers and the rates at which the abodes are being sold are comparatively low. This doesn’t mean that the quality of the houses is being compromised. The rates are low because the land and other associated costs remains realistic till date, as compared to other major cities.

Great Job Opportunities and Education Hubs

 Along with the development of major real estate projects, Palakkad is slowly transforming into a business hub with many conglomerates investing in office spaces. This has opened up a huge requirement in terms of resources. There is always a chance that you could land your next big job in Palakkad along with your dream home. Palakkad is also known for some of the most renowned educational institutions in the state, providing a great platform for higher education in varied fields.

Cultural Significance and Modernity

Unlike many cities in Kerala, Palakkad is still one of the only places which has the right balance of culture and modernity. There are a variety of places to visit in Palakkad that are of historical significance, such as the Palakkad Fort and Killikkurussimangalam -the birth place of Kunchan Nambiar. The city also boasts of various other tourist destinations like Malampuzha Garden and Dam, Kalpathy Temple, Tipu Sultan Fort, etc.

Resale Value

 As the real estate sector in Palakkad is undergoing rapid transformation in the form of many projects being developed at prime locations, investing in a project right now is sure to provide you considerable returns if and when you eventually decide to sell it. So make you move and invest in homes for sale in Palakkad.

Top villas for sale in Palakkad 

The city of Palakkad, owing to its distinct climatic conditions and nature-filled surroundings, has seen a range of interesting and affordable projects being developed. Victoria Realtors, one of the pioneers in guiding the transformation of the real estate sector in Palakkad has developed abodes that are based on the philosophy of luxury at an affordable cost. The team at Victoria Realtors has set a benchmark for others to follow with state-of-the-art quality and stringent European safety standard protocols. Here are a few villas for sale in Palakkad from Victoria Realtors:

TOP 5 VILLAS FOR SALE IN PALAKKAD:

As mentioned before, if you are in the market to invest in a new home and are not bound by the constraints of location, then Palakkad is the best option for you. If you would like to receive more information on the villas for sale in Palakkad from Victoria Realtors, feel free to reach out to our representatives here.

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13-Mar-2017

New Home Inspection Checklist for Home Buyers

In India, the concept of inspecting a home before purchasing it is often overlooked.Buying a home is a ‘dream come true’ occasion for an individual. But, one must not take the aspect of home inspection or property inspection lightly. You do not want to end up with an abode that is having issues, especially when you have invested your hard earned money in owning it. This new home inspection checklist is a must-follow for all the prospective home buyers out there.

New Home Inspection Checklist:

  • 1. Avail The Services Of A Certified Home Inspector
  • 2. Check For Cracks – Interior and Exterior
  • 3. Check For Leakages
  • 4. Check The Plumbing
  • 5. Check The Water Supply

Let’s talk a bit more about each factor to be followed in the new home inspection checklist.

Avail The Services Of A Certified Home Inspector

New Home Inspection Checklist - Avail The Services Of A Certified Home Inspector

Home inspectors are your best option to get a detailed report on the status of the house that you are looking to invest in. They have expertise in all the major areas that need to be looked into. There will an expense involved with availing the services of a certified inspector. If you are willing to overlook that, then it is the best option available as all the work will be done by them. In short, you’ll be able to get a professional feedback and is hassle-free. However, if you would like to get your hand dirty and do the inspection yourself then follow the remaining factors mentions in this new home inspection checklist.

Check For Cracks

New Home Inspection Checklist - Check For Cracks

Making it a point to thoroughly inspect each wall, both interior and exterior, to see if there are any cracks developing. If you find any, then it may be because of two issues– structural distress or a finishing issue. Make sure to get a clear picture of how the cracks have developed. The latter issue can be fixed without much trouble and is often not a deal breaker. But stay away, if the cracks are due to structural distress.

Check for leakages

New Home Inspection Checklist - Check for leakages

If you are looking at an independent villa, then leaks coming from the roof can be easily fixed. It’s not a major issue. However, if you are looking to invest in an apartment, then fixing the water seepage may be difficult. Leakage from the flat above you may seep through the walls, and over time will leave an ugly mark.

Check the Plumbing

New Home Inspection Checklist - Check the Plumbing

Plumbing is one of the major factors to check before deciding on a house. Make sure that you get the details of all the aspects related to plumbing like the pipes uses and drainage system. Check for leaks at all the joints and shut off valves. Make it to a point to also inspect the pipe materials used for water supply.

Water supply and Pressure

New Home Inspection Checklist - Water supply and Pressure

The supply of water is another key factor that needs to be looked into. Check if the water pressure in the home you are looking to own is optimum and would serve all the needs of daily living. Usually, a few upgrades would fix the issues related to water pressure. But, if the problem lies with the water authority in the area and/or due to the geographical location of the spot, then there is nothing much you could do. So make it a point to thoroughly inspect the available water supply system.

Investing in a home is a big step to take for an individual. Make sure that you follow the above mentioned new home inspection checklist to minimize or negate the shortcomings beforehand. Thanks for reading

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23-Feb-2017

SOLAR POWERED HOMES – IS IT A GOOD OPTION?

In India, the number of Solar powered homes are slowly but steadily increasing. The use of solar power gained prominence due to the growing concerns of climate change along with the ever increasing energy costs. The use of solar energy to power homes in India is vital as the country is devoid of an efficient power management system with many areas still lacking electricity.

Typically, a solar powered home will have Photovoltaic Panels installed on the roof at an angle to absorb maximum sunlight. The system comprises of mainly four units – The panels, a controller to regulate the flow of electricity, batteries to store energy for later use and an inverter to convert DC to AC power. Using solar energy reduces your energy bills significantly and also lowers the Carbon footprint generated from your property.

If you are in the market to install an efficient solar power system, then there are certain factors to take into account:

PROS OF SOLAR POWERED HOMES:

FREE ENGERY – The most positive aspect of installing a solar unit is that that energy generated is totally free. There are no bills to be paid as you’ll be making use of natural resources to generate energy. The initial costs involved in setting up a solar unit is still a bit on the higher side in India, but in the long run, it will make a significant difference to the money being spent on metered electricity from state-run suppliers.

CLEAN ENERGY – As the source for generating energy is natural, there are no harmful emissions coming out of the whole process, significantly reducing the overall Carbon footprint.

SUBSIDY FROM GOVERNMENT – The Govt. of India has initiated a subsidy plan to promote the use of solar power in residential and commercial spaces. One could reach out to the MNRE and fill out an application form to apply for the subsidy. The only catch here is that you’ll have to avail the services of the government approved provider.

WORKS INDEPENDENTLY – We have all faced random power outages and blackouts. The use of solar energy means that you are not dependent on state providers anymore as you’ll be generating your own electricity by using the installed solar panels.

CONS OF SOLAR POWERED HOMES:

HIGH INITIAL INVESTMENT – As the concept is still fairly new in India, there is a high initial investment involved with installing a solar unit. An investment of at least 1.5 lakhs is required to power a modern-day home.

EFFICIENCY CANNOT BE GURANTTED – As the main source for generating power is sunlight, the efficiency of the solar unit cannot be guaranteed round the clock. The sun does not shine 24/7, and it gets even worse during monsoon season. Also, the location at which your property is situated plays a vital role as well. If your house is surrounded with tall trees or high-rise structures, the solar unit will not be able to perform optimally.

MAINTAINANCE – Maintaining your solar unit setup is an integral part for it to perform optimally. For this, one has to ensure periodic cleaning of the solar panels as the installation is constantly being exposed to dust. If your area is prone to serve weather conditions, then any damage occurring due to natural causes like a storm or heavy rains will also have to addressed, and they are not cheap.

LIST OF TOP SOLAR PANEL MANUFACTURES IN INDIA:

1. TATA POWER SOLAR

2. SU-KAM SOLAR POWER SYSTEMS

3. HHV SOLAR

4. MOSER BAER SOLAR

Solar units are a great option if you are in the market for an alternative source of energy. As mentioned in the article, the initial investment is on the higher side but is going save you money in the longer run. If you are willing to take time for the upkeep of the different components of the solar unit, then it’s a great option for you.

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16-Feb-2017

7 WAYS TO PREP YOUR HOME FOR SALE

We have all seen countless ‘home for sale’ ads in newspapers and online portals. The journey to buy a house is often always complicated. The same can happen when one is planning to sell their house as well. In this blog, we focus on seven ways to efficiently and quickly dispose of your property.

EXTERIOR

A good first impression goes a long way in sealing a deal. Most often, a decision is made depending on the way the house looks from the outside. Make sure that the plot in which the property is situated is clean. Ensure that all the maintenance work like exterior walls and the door are painted and kept polished. Make sure that all the lighting fixtures outside are working. All these needs to be done as a prospective buyer is looking for a quick move and not take on responsibilities of fixing the house before moving in.

Home For Sale

CLEAN THE HOUSE LIKE YOUR LIFE DEPENDS ON IT 

More often than not, prospective clients are introduced to a home for sale that is left unclean and shabby. This is one of the main issues as to why many deals fall off. Ensure that you take time and thoroughly clean the place or at least spend some money on availing the services of a cleaning crew to ensure that the place looks as good as new. Pay close attention to cleaning the faucets, windows and any inbuilt appliances as well.

Home For Sale

USE NEUTRAL PAINT

 Ensure that to get a neutral paint scheme all around. Maybe you would have repainted the walls to suits your family’s style. But always keep in mind that the same colour scheme could cut-off the user. It would be wise to stick with safe, neutral colours like whites and tans so that a prospect could later choose to keep it or re-work the colour scheme to his liking.

Home For Sale

ORGANIZE EACH ROOM

Imagine yourself in the role of a prospect and think about all the factors you would take into account when looking for a home for sale. One among them is definitely going to be the space factor. Keep each room well-organized so that the prospect can get a true feel of each room and how he would be able to fit in his things. If you have a lot of storage space, then make sure that you inform the prospects about each of them as it is one of the key aspects of successfully completing a deal.

Home For Sale

REPAIRS

A prospect is there to quite literally inspect your house and to figure out if it suits his family. As mentioned before, they are looking to seal a deal and move in as quickly as possible. This can only be possible if all the essentials like plumbing, electrical and other necessary aspects are working in top notch condition. Make a dedicated effort to fix all the existing issues in this regard before posting the ad.

Home For Sale

ELIMINATE ODOURS

Bad Odour is a big no-no when it comes to protecting your house as the option for a prospect. This doesn’t mean spraying room fresheners all through the house. Try and get a bit of nature into to your house by means of freshly cut flowers and keep all the windows in the room for that burst of fresh air.

House For Sale

KEEP IT REAL

 When it comes to quoting a price, make sure that you are realistic. We all would love to receive extra money but beware of the fact that a prospect, on the other hand, would make a general enquiry about the rates in that particular area. Don’t try to fool the prospect into getting more money. Find a realistic balance and negotiate to ensure that the deal goes through.

House For Sale

If you are in the market to sell your property, make sure that you follow the above-mentioned factors before even considering to post a home for sale ad. Ensure that you do your best to answer all the queries a prospect might have about your property. Have regular follow-ups with all the prospects who have shown interest in buying your property and keep a level of engagement active.

If you are looking to buy a new home, then do consider exclusive projects of Victoria Realtors :

Villas for sale in Palakkad

Gated Community villas in Palakkad

Ottapalam Villas

Villas in Thrissur

Villas in Coimbatore

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30-Jan-2017

HOME AUTOMATION – THE FUTURE IS HERE

It was in 1934 at the World’s Fair in Chicago that humanity was introduced to the concept of ‘Home of the Future.’ Over the years and many technological advancements later, the world has embraced the concept of home automation in totality. Today, especially in Western countries, the idea of home automation is making strides into the abodes of the common man. Many believe that automation process is costly, and to an extent it’s true. That’s the main reason as to why many stay away. But, one has to understand that home automation, if done right, can help in saving money in the long run.

Let’s look at how this concept works and why you should make small strides into incorporating the same into your abode:

LIGHTING: We all forget to switch off the lights in a room when we step out or before going to sleep. Just imagine a scenario where we could use a mobile device or a tablet to switch off the lights. Wouldn’t that be excellent and highly efficient? The concept of home automation, when it comes to lighting, is so advanced that there are sensors attached to the fixtures to track your movements and shut off the lights if there are no activities registered during a pre-set time. You could also get the color changed/adjusted to suit your mood. All these put together, gets you a highly advanced yet convenient medium to effectively manage the entire lighting infrastructure of your abode.

HVAC SYSTEM: We all desire to live in an optimally conditioned environment. What if you are coming from a long and tiring day at work? Wouldn’t you prefer to enter your abode that is conditioned according to your liking? Home automation can help you with this. You could just take your mobile device, which obviously should be connected to the electronic module in your house, and set to switch-on 10 minutes before your arrival. This could also work in reverse, similar to the concept mentioned for the lighting modules; the HVAC system could automatically shut off if there is no activity in the room.

SECURITY: Home automation has a vital role in providing efficient and high-standard safety protocols for your abode. From state-of-the-art intrusion alert to fire related protective measures, home automation has literally saved lives and prevented robberies world over. Home automation keeps your home secure and safe, and it’s a fact no one can refute. You could also install cameras in difference rooms and remotely access the feed during your travels as well.

CONSTANT MONITORING: Getting a home automation system installed makes your day to day lives much easier. There are sensors available that could be fitted on all the appliances in your home. This facilitates the sharing of important information like for example, the date for changing the filter in the water purifier, filtration panel in the AC and other systems. The automated system could also provide information on the effective performance of all the appliances, thereby keeping you up-to-date on its efficiency. This has a direct result of the utility bills as any appliance not performing optimally could draw more current.

The costs involved with home automation are currently a bit on the higher side. But as every new technology, going forward, these state-of-the-art systems will become more affordable and friendly on your pockets. I strongly advise that you take small steps and start incorporating the concept of home automation into your home by making minimum investments. It will truly make a world of difference, and bring down your utility bills as well.

If you are looking to buy house, then do consider Victoria Realtors offerings in Kerala and Tamil Nadu :

Villas in Palakkad

Gated Community Villas in Palakkad

Villas in Thrissur

Villas in Coimbatore

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06-Jan-2017

Must Follow Legal Document Checklist Before Buying A House

It’s always a matter of great pride for an individual to own a house. Many do it by means of acquiring a loan, and a few does it by means of ready cash generated of years of hard work. The fact is that buying a house is not just a matter of deciding on a price and buying it, but to ensure that all the documents are in order before you invest in the same. This blog mainly focuses on the must follow legal document checklist before buying a house that a prospective owner should keep in mind before making the final investment.

Must Follow Document Checklist Before Buying A House

Sale Deed – As part of the Registration Act, a sale deep is one of the most important documents while considering to buy a property, both for the seller and the buyer. The sale of a property is not considered legal if a sale deed is not registered. The buyer should ensure that the seller has cleared all the statutory payments like maintenance, tax, electricity bills, etc. are paid before finalizing the sale deed. The buyer should also ensure that the property has a clear title. All the pages of the sale deed are to be signed by the parties concerned in the presence of two witnesses. All the documents must be presented within four months from the execution date for registration.

Mother Deed – Mother Deed is another important document to possess while transferring or buying a property. A Mother Deed is a document which enables the buyer to trace the ownership of the property in relation to the seller. The seller should be able to validate the factors as to how he got possession of the property and the documents should be arranged in chronological order before submitting to the authorities. In case any of the data is missing from the chronological order then it is mandatory to collect them from the relevant registration office.

Building Approval Plan Certificate - The Building Approval Plan is a mandatory document to possess. The owner of the property must get the building plan registered to with the jurisdictional commissioner or an appointee authorized by the commissioner. This certificate authenticated the footprint and design of the structure and the fact that it follows all the rules and regulations specific to the area. A few supporting documents are needed to get the approval certificate and they are as follows – Title Deed, Property Assessment Extract, Property PID number, City/Panchayat survey sketch, Up-to-date tax receipt, Earlier sanction plans, Drawings of the property, Demand drafts, Foundation certificate and Land use certificate.

Conversion Certificate – If the property falls under an authorized agriculture zone, then it is important for a Conversion Certificate or an NOC to be obtained. This is needed to convert a piece of property meant for agriculture purpose to non-agriculture purpose. The documents required to be submitted are as follows - Copies of the R.T.C extracts, Village map, land sketch, certified copy of the land tribunal, zonal certificate, Title deed, no-dues certificate by village accountant and a copy of the mutation records.

Commencement Certificate – This certificate is provided by the local authorities to builders who would want to start their development in an acquired piece of land. The Commencement Certificate is a green signal for developers to begin construction from the authorities and that their proposal meets all codes set by the administration.

Encumbrance Certificate - This certificate is important as it gives the seller an idea of the baggage in the form of loans or pending taxes that has to be paid for the property in question. The EC is a vital document for the seller as it gives him/her an overall idea about the land is it has a free title or not.

Power of Attorney – The POA document refers to the rights given by the actual owner of the property to another individual to perform the sale or any other transaction that he/she might deem fit. The actual owner has to register the POA with the authorities for the same to be valid.

Tax Receipts - A buyer should ask the seller for up to date receipt for the taxes paid for the land. The buyer should also directly enquire with the local land authorities and cross verify if all the taxes are paid and that the receipts are authentic. Make sure to check any remaining dues like electricity and water bills to ensure that no dues are being charged to the new owner after buying the property.

Completion and Occupancy Certification – The completion certificate literally means that the authorities are happy with the final footprint of the structure and that the builders have followed all the norms to the core and the Occupancy Certificate is give after the final inspection of structure giving the go ahead for the occupants to move in and that the structure is officially legal.

Even if you have all the above-mentioned documents, there are chances that new laws will be introduced from time to time and updates being made to the existing formalities. It is always wise to consult a professional real estate agent or even a lawyer specializing is real estate laws and sanctions to verify all the documents before committing your hard earned money. Hope this blog on the must follow legal document checklist before buying a house was helpful. Feel free to share your thoughts and comments.

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29-Nov-2016

KALPATHY – SIMPLISTIC GRANDEUR

Located in Palakkad, the village of Kalpathy is known for its rich cultural significance. Known around the globe for its many festivals and unique architectural marvels called the Agraharams, Kalpathy is one of the most preferred tourist destinations down south. Commonly referred to as the Dakshin Kasi or the 'Varanasi of the South, Kalpathy has predominantly been occupied by Tamil Brahmins for centuries. If you are a frequent traveller and is looking for your next travel destination down South, then Kalpathy may just be the right locale to explore as it provides a refreshing ambiance filled with rich heritage. If you are game for it, then we have a few suggestions which could make your experience in Kalpathy even more special.

TRADITIONAL HOUSES  - AGRAHARAMS

  Commonly, the houses inhabited by Brahmins in Kalpathy are referred to as Agraharams. These unique looking abodes have an element of architectural ingenuity attached to them. These abodes were conceptualized based on the cultural ethos of the place and can be found lined on either side of a street with common walls. Each settlement of Agraharams are unique in their own way, but a few common factors can be found in all the units. Almost all the units are aligned in the east-west direction and are in close proximity to a temple. The Agraharams are distinct in their own way with many traditional construction materials forming the core part of the design language. Kalpathy agraharam Houses

THE AGRAHARA SETTLEMENTS

  Divided into various segments, the Agraharas are colonies inhabited by the Tamil Brahmins. There are four distinctive Agraharas in Kalpathy – Chaaththappuram, Govindarajapuran, Old and New Kalpathy. The colonies are identified mainly based on the temples it accommodates. It’s a great option for travellers to explore as each of the temples in the area are distinctive, and the architecture is in resonance with the principles it portrays. The Agraharas in Kalpathy still falls under the concept of ‘timeless architecture’ as they can still be found in its original state of construction when compared to the many other Agraharams in Kerala that were modified or completely destroyed due to rapid urbanization. Kalpathy agraharam building and settlements

SRI VISALAKSHI SAMETHA SRI VISWANATHA SWAMY TEMPLE AND KALPATHY RATHOLSAVAM

  Locally known as Kundu Kovil, the Sri Visalakshi Sametha Sri Viswanatha Swamy Temple is the ultimate edifice of faith in the region. Located on the banks of the serene Kalpathy river, the temple is the site for the world famous Kalpathy Ratholsavam festival. The temple dates back to the 15th century and is surrounded by many Agraharams. The 10-day annual chariot festival, Kalapathy Ratholsavam, at the Sri Visalakshi Sametha Sri Viswanatha Swamy Temple, is conducted in the month of November and is truly an extravagant atmosphere to be a part of. Over the ten day period, a large procession of chariots from the Sri Visalakshi Sametha Sri Viswanatha Swamy Temple and from the nearby satellite temples fill the streets, making for one of biggest festive processions down south. Kalpathy Ratholsavam in palakkad - Palakkad Kalpathy Temple

KALPATHY AS A TRAVEL DESTINATION

If you are looking to get away from the hustle and bustle of city life, then a trip to Kalpathy is your best option. The place is filled with an array of options to explore, and a visit to the divine locale of Kalpathy takes your back in time where life was about unity, and the lifestyle was that of simplicity. To know more about Palakkad settlements and houses ,please visit, Villas in Palakkad

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01-Sep-2016

Frustrated With Property Tax? Know How to Deal with High Tax Rates

The fact is that home prices are going down, and at the same time, property taxes are going up. We all wish for roads to be more accessible  and our children to get a better education, but no one wants to pay more taxes than needed, specifically when our neighbours are paying less for a property similar to us. But the good news is that there are ways to efficiently deal with the situation. Thinking how? Let me help you. Keep reading to learn few simple tricks that can aid homeowners to be at ease when it’s time to pay the taxes.

Limit Curb Appeal

When it comes to the actual evaluation process, tax assessors should follow a strict set of guidelines. Conversely, the assessment contains a definite amount of subjectivity. That means more attractive and elegant homes often receive a higher assessed value than homes that are less appealing. Remember, during the evaluation process, your dwelling is fundamentally compared to your neighbour’s home. If possible, don’t make any improvements or alterations to the house such as an addition of counter tops, basement finishing, kitchen extension, etc.until the evaluation is finished.

Check Out Similar Homes

This doesn’t mean that you should interview your neighbours. Property tax bills are public info and can be accessed online in many jurisdictions. Make sure you compare the property with others in the same tax classification which cover similar age and size. This helps you to know how your local government determines the taxes to be paid towards the home property. Some jurisdiction takes into account 100% of market value and others only a fractional amount i.e. 60%. So, check each home for assessments and plan accordingly when it’s time to pay the taxes.

Be Good with the Assessor

Every house owner might think that assessors are shadowy figures trying to make a dent in their account to generate more money in the form of taxes. But that’s wrong. They do what they have to. Keep in mind that inflating the property values too high doesn’t benefit anyone. However, it overvalues the market. Make sure, you talk nicely with the assessor during an interaction with them. A lot of assessments are done without actually checking the property, but when they request a walkthrough, be there and explain everything lucidly.

Check the Deadline

There are no set dates for assessments to take place, it occurs unexpectedly. But the onus is on you to make it hassle free by determining when yours will be. By doing this, it will be much easier to lodge petitions or catch errors, if any, early on. We agree that it is hard to balance the desire for an elegant property with the desire to pay as little property tax as possible. But following few things and holding up on improvements till your house is due to be evaluated can help you lower the amount to be paid towards property taxes.    

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19-Aug-2016

Buying a Home? Then You Must Not Miss These Questions!

Buying a house is a psychosomatic game of poker, with vast enticements to bluff, very extreme stakes and more. However, real estate agents are legally assured, to tell the truth, so you must ask the right questions to find out the real answers. Although the answers may scare you and make you reconsider your bid, they also make you feel more confident. A list of What, Why, and Where questions are given below. Now it is your turn to go through the following questions. As you prepare for your home buying process, you should ask these questions to your real estate agent. Here we Go!

Question #1 - What is the Market Worth of the Property You Choose?

For some ethical reasons, your agents can’t tell you the exact price but they will arm you with plenty of comparables including the prices of similar nearby homes that they have been sold currently. He/she might also inform you about the percentage of asking price and how long the homes are staying on the market.

Question #2What is the Condition of the Home?

Though listed as the second one, this is the primary question that should be asked. You have all the rights to know about the condition of the home which you are going to buy. This question will help not only to determine whether it is a worthy property but also help you choose a realistic offer. You can also include few questions under this or You can call it as few sub questions!
  • How old is the roof? By knowing this, you’ll be able to determine its longevity.
  • Does the house have insulation? Insulated walls increase the value of the house.
  • What type of foundations does the home have? New homes have slab foundations but raised the foundations allow access underneath the house making plumbing and electrical repairs less expensive and more accessible.

Question #3 - What Should I Pay for along with the Home Price?

There can be situations where you are okay with all the criteria, but the price! The high price can be because of some additional features. If the home price exceeds your allocated budget, confirm your agent about the high price. Ask about its uniqueness, advanced features, fixtures and fittings and much more. Make sure you inspect everything that you are getting.

Question #4Why the Owner is selling his/her house?

You should not avoid this question as this will help you understand the problems associated with the property if any. It may include a noisy neighbor, paranormal activities, relocating to another city or in need of money.

Question #5Where is the Seller’s Disclosure?

Even if you are appealed towards the beauty of any home, don’t be in love with it. A home is just a house at first and there are plenty of factors out there. Ask your agent for any seller disclosure before you sign the agreement. These questions can be kept as a reference. Apart from these five questions, you must ask whatever is disturbing you about the home. Knowing everything about your home gives you a leg up on surprises and gives you a complete satisfaction with your new dwelling.        

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05-Aug-2016

Confused Whether to Buy a New Home or Remodel Your Existing Old Home? Get Answers!

 

On a cost per square foot basis, remodeling may burn your pocket. But the decision should not be based only on construction cost, your personal needs, local zoning laws, the age of your existing homes and social reasons may influence your verdict.

Before reaching a decision to innovate your old home, check the following points to see whether you are on the track!

Answers for Your Query – Read Carefully!!

If you are thinking, Is building your home affordable than renovating your old one, then the answer is simple – because building a residence from the ground up, you begin with a lucid slate to build on. You can plan everything in advance i.e. firstly the foundations are dug and poured. Secondly, walls are framed and finally doors, windows, sheathing, roofing, plumbing, wiring and much more are installed.

On the other hand, when you go for renovation, the best builder is enforced to work in an existing structure which needs removal of walls, replacement of windows and doors if needed, closing the old openings on both exterior and interior etc… Moreover, the existing home problems such as cracks, drywall, poor plumbing, and wiring make the whole process a nightmare. Builders are forced to compromise to connect the old and new addition together. And when the whole remodeling project is completed, you have to live in a dwelling where you don’t really know what’s inside the wall. With a home renovation, you can only count on expensive surprises.

In addition, preferring remodeling gives you a chance to lack the benefits of latest technologies. Yes, you can have a new home with latest technological addition and trendy designs which are very rare to be added in an old home. You can’t able to enjoy a perfect get-together backyard, a BBQ area and a friendly firehouse in your old renovated home. Even though you try to have all those while remodeling, you’ve to spend lots of your hard earned money.

You should only go with a house remodeling when you love your neighbors -When you have an emotional attachment to your home, the value of your home is very low and when planning to make your home green!

And, you should go with a new home when the costs of remodeling your home will outperform its resale value, when building lots are available in your neighborhood and when you are looking for a change that can’t be added to your current home.

After grabbing all these knowledge, you must agree that the whole house remodeling is almost always far more expensive than constructing a new home, the cost of your home is only a part of the equation.

 

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16-Jun-2016

Why Live a Rented House , when you can Buy it?

A very common dilemma faced by a majority of salaried people in India! Compared to rural areas, it is a grave concern in cities due to the unending living expenses. If you are a working professional and are expecting transfers every couple of years, then investing can be a little difficult as you have to consider paying for your house rent also apart from the housing loan EMI since you may not be living there. There’s also the EMI and the interest you have to pay until the time you get the booked apartment or house in a living condition, after which you can give it on rent in the case you are not going to live there.

Many people, particularly in India, are emotionally attached to owning a house. It is a matter of pride and prestige to own a house, no matter how much you earn and how much it costs. Here, in India, people get settled only when they have their own home! It definitely is gratifying, to own a house, in any part of the world. You can always go back there at the end of the day, no matter what happens to your work or career. But is that as rewarding as people think it is? .Here’s an account of the pros and cons of buying a house and living in a rented one.

The Leased Life

The first point to clarify is leasing a home is much cheaper than renting one. Though I use the word interchangeably, I basically aim to mean living in a house which is not owned by you and where you have to pay the rent or lease whichever the case may be. So, living in a rented house comes with its own comforts and difficulties. It’s all in one’s mind, people may say! But we all live to satisfy our mind only, and hence, what it thinks matters a lot too.

Rented House - Leased Life

  Let’s check the main issues faced by those living in a rented house.
  • Keep shifting if the owner wants you to move.
  • There’s nothing ‘yours’ in the house where you are staying. So you have to be extra careful handling the furniture to fixtures. Moreover, if you have your own furniture, you have to fit it in somehow in the different types of houses you get to stay on rent!
  • If it is an apartment, you are only second-hand citizen there! More than often, the tenants are treated ignorantly only in the apartment societies.
  • You have to wait for approval for doing any major repair! Sometimes, you may have to bear the charges too if it is essential to you even though you will benefit from it only so long as you stay there.
  • Rentals have to be renewed and are hiked every year even though the apartment and the facilities remain the same. More than often, the tenants staying in the cities pay almost as much as the housing EMI as the rent and they don’t even own the apartment.
  • You have limited rights in the apartment society you live in since most of the society’s rules benefit the owners only.

The Owned Life

One major aspect of owning an apartment or house is the mental satisfaction and the security it gives to the owner and the family. Nothing in the world would matter, as long as you own a house. But here again, you have to choose between a villa and an apartment, a firsthand house and a second-hand house, whether to take a loan or buy it out of your investments and the list goes on! Owning a house or apartment definitely comes with some advantages.

Owned House - Owned Life

  So let’s see some of the advantages associated with owning a house:
  • It is truly gratifying to own a house. An own house means more freedom, and better security for most of the people.
  • It improves your status in the society.
  • You get tax benefit on the housing loan.
  • If you are staying in your own house, you can invest the monthly rental as your EMI and you will have the house all yours within a matter of some years.
  • You can remodel, renovate and refurnish it anytime in any way you want.
  • As an owner, you will benefit more from the apartment society
  • It is an investment, though not as liquid. You can sell or lease it later when you are in need of money
 

Conclusion:

If you can afford a house, consider its value, the amount of interest you will be paying over the 20 years and also what kind of tax benefit you get out of it and the alternatives you have, before making the buying decision. Many times, we tend to heed to the emotional instincts rather than the practical ones and end up investing in a house which burns a hole in our pocket. If you have enough liquid savings, can afford the EMIs and are emotionally attached to owning a house just go ahead to buy one. Last but not the least one more point I want to put forth is that, if you are spending the same amount which you give as rent on EMI, then after some years you will be an owner of your dream home. All the money you pay as rent will be futile as the years pass by. There’s nothing more satisfying than being able to sleep in your own house no matter how small it is!

So, If you are looking to buy a new apartment or flat then check out Victoria realtors offering at Palakkad

 

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02-Jun-2016

Buying a resale flat? Are they the best? Check out this Checklist

 Buying a resale flat has a lot of advantages and disadvantages. But considering the advantages, sometimes I feel we can forego some of the disadvantages and get a property on resale. For the seller, it is a resale and he will sell it to whoever pays him more. But as far as you are concerned, you are probably buying it for staying there. So you need to be cautious about the condition of the property. Generally, people resale flats or apartments that have completed construction and are at least 2 to 5 years old. Though there are advantages and disadvantages to this, you can use the advantages to your benefit and consider whether or not to buy it. Some of the major points to consider before buying a resale flat are:

Age of the Apartment or House

Though most of the apartment owners put their investment property for resale after 2 to 5 years of purchasing it, people who are selling their home may be doing it after 5 to 10 years. Ideally, if you can afford it, buy an apartment or house on resale within 2 to 5 years range. Never buy an apartment which is more than 10 years old. You may find it difficult to resell it after a few years. Moreover, after 7 to 8 years, the wear and tear will start showing up and a lot of maintenance will be required.

buying a resale flat checklist - age of the apartment or house

Verify the Construction

As far as a resale property is concerned, the construction would be over and mostly it will be a used apartment. So you know what you are investing in. This is a big advantage when you consider the risks associated with just-launched or half-built fresh properties you would normally invest on. You can see the construction and make sure it is good quality and appeal to your interests. In case you are looking for an individual house, it will be better to get a civil engineer to check on the construction quality.

Buying a resale flat checklist - verifying the construction

 

Builder's Reputation

Builder’s reputation matters since it will affect the resale value when you plan to sell it. Moreover, reputed builders will ensure a minimum standard of construction which will keep the house or apartment good for living at least for 10 to 15 years.

buying a resale flat checklist - builders reputation

 

Check the Association Rules

Check the rules and regulations of the Association in the case of apartments and gated villas. If you will not be able to cope up with those, there’s no point going further. Some associations have ‘No Pets’ rule and some others have a ‘No Smoking’ rule! So ask for a copy of the association’s rules and regulations before committing the buy.

Know your Neighbours

If you are planning to buy an apartment, check with a couple of neighbours on the association, maintenance, and the neighbourhood. Look around the premises and check whether the exteriors look good and are well maintained. Check for the amenities and facilities as you are paying for that too. Try to have a casual talk with a couple of neighbours to know whether they are like-minded people and whether the building is well maintained. Skip it if you are not ok with both.

Buying a resale flat checklist - know your neighbours

 

Verify the legality of Title Documents

Get a copy of the title documents and verify them with a lawyer. Getting an expert legal opinion is a must when investing a huge amount. If you plan to buy it on a bank loan, the bank will verify it with a couple of legal advisors in their panel. Check whether the property is kept on lien somewhere or else you will have to take the additional liability.

Eligibility of property for Loan 

If you plan to take a house loan to buy the property, make sure the property is eligible for a loan. You can take copies of the property documents and ask the bank to verify its eligibility. Properties built by reputed builders would normally be eligible for bank loans. That’s another advantage of brands!

Buying a resale flat checklist - Eligibility of the property for loan

 

Check if the owner owes any dues to the Association before buying a resale flat

This is important or else, you will have to pay up for someone else! You can also ask for copies of last paid electricity, maintenance, water bills etc. and verify them for dues.

Compare the cost

Compare the cost of buying a resale flat against that of a new apartment in the locality. If you can buy a new apartment for another 5 lakhs more, it will be better to go for a new apartment. Property value will not appreciate much after its first resale, whereas for a brand new apartment or house, the resale value will enhance a lot depending on the location and brand.

Buying a resale flat checklist - comparing the cost of houses

 

Furnished Apartments

Used furniture and equipment do not have much value at all. Consider the quality of the furniture and fixtures like the doors, windows, grills, cabinets, sanitary ware etc. These need to be of good quality or else you may regret the buy sooner than later.

buying a resale flat checklist - furnished resale flats or not

 

Consider the stamp duty, registration charges and cost of other formalities.

Registration charges for a completed apartment will be much higher than that of an under-construction building. So be prepared to bear the higher costs. You can check with local agents on the rates for registration, stamp duty, and the associated formalities.

Conclusion 

At the end of the day ,you need to think long term while buying a resale flat or a villa and if you somehow find a new apartment which cost slightly higher than the resale apartment then do check it out first before going for a second-hand apartment.

So start your research by checking out the brand new apartment offerings in your locality  or else you can check out Victoria Realtors affordable apartments or villas  at Palakkad

If the above points proved helpful in your apartment research process, then do share your suggestions and opinions in our comment section below.

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