Month: July 2014

There are certain Dos and Don’ts that one needs to have in mind while making a purchase in the real estate. Following these few simple rules will make your purchase a more convenient one.

While choosing an apartment in Kolkata, one needs to be very careful. Many things are to be kept in mind while making an investment in real estate:

1. First and foremost is the budget, which needs to be decided first. It is advisable, that while buying or renting an apartment, the EMI or rent has to be one-third of the income or nearby.

2. In order to maximize the search, one can make use of multiple apartment search service. This would help you to get an idea of the approximate cost of that area as well.

3. While finalizing, it is of utmost importance that you check for the property owner name online. Investigate that whether previously the apartment had any complaint, lawsuits or any other dispute.

4. After making a choice, visit your apartment as frequently as possible to check whether everything is going fine or not. Investigate the apartment thoroughly and keep a watch over any signs of neglect. Check for any sign of rust, leak or pest problem as well. Do not leave any stone unturned while making this thorough check of the apartment and its surroundings. If there is any problem that needs urgent attention, bring it to the notice of your Landlord or Builder. Also keep a watch on the insulation, water supply, constant electric supply etc. You should also check your electrical plug-points while it is being done.

5. Notice your neighbour, and point to them which activity of them can cause trouble for you. Similarly, you should also not do any such thing which might cause trouble for them. Sorting out these problems beforehand will enable you to avoid any confusion or quarrel later on.

6. Though every neighbourhood has a problem or two, choose a neighbourhood that has less unwanted disturbance, so that your home is able to provide you with the much-needed solace.

7. Do take notice of how far the emergency services like hospital, police station etc. are.

Keeping these few simple things in mind, will enhance your property- buying experience.

The demand of office space in Kolkata is increasing with each passing day. If you want to sell property in the “City of Joy”, you need to consider the real estate companies in Kolkata.

The commercial scenario in Kolkata has changed a lot over the years. More and more offices are coming up in different parts of the city. Hence, the demand of office space in Kolkata is also increasing with each passing day.

If you have property that could be apt for office space then you will be a gainer as selling or renting put property earns you good money. However, there are some points which you need to borne in mind.

Selling a product means convincing the buyer about the positive things of the property. This requires systematic efforts so that the seller can reach out to the maximum number of potential buyers. Here lies the function of real estate companies. If you want to sell property in the “City of Joy”, you need to consider the real estate companies in Kolkata. Once you decide upon a particular real estate company which has good repute in the market, it will take the necessary steps to ensure that your property gets the maximum reach of prospective buyers.

The real estate company will identify people and businesses that will be interested in buying your property. If you have not so big space, then it can be utilised as small office space. If it is a very much spacious such as 10 thousand sq feet or even more, them they are ideal for big offices.

If the real estate company has a portal of its own, ask them to put your property ad in their portal. Providing detailed information about the property site, along with photos, with contact details will surely generate a lot of inquiries.

One of the newest trends prevailing in the real estate sector in the city is finding a great deal of house for sale in Kolkata and then renting it out for getting income steadily for a long time. A properly crafted and signed agreement is one of the must-haves in this respect. Here are few insights on the matter.

At present real estate is one of the emerging fields no doubt with every one eyeing on the prospect of the sector. There has been an increase in the interest of the people to find out a favourable deal on house for sale in Kolkata. At the same time several projects dealing with property in south, west, east and north Kolkata have come up to make way to the increasing demand. Buying a property is no more directed towards building one’s sweet home but it has gained more importance as a preferable investment option for individuals of various age group and professionals from different walks of life. One of the important objectives towards buying a property is to put it on rent and create a long term source of income. That is indeed a lucrative option.

Renting out one’s property on rent is a popular option but at the same time there are some important considerations to be made, the foremost being having a well formulated agreement for renting. The agreement must entail all the required terms and conditions. The relevant details of the parties involved in the transaction. The agreement should be such that it must safeguard the interest of both the property owner and the tenant. If at the time of formulating the agreement the relevant points are not scrutinized and made transparent enough then there are chances that afterwards legal issues might crop up and create unnecessary hassles. The most important aspects happen to be conducting background check of both the owner and the tenant. The terms of payment should be well defined as that stands out to be the root cause for all the major problems. The terms include the specific date for paying the rent, bearing the maintenance charges; pay the utility bills like electricity bill, telephone bill, security deposit, refund and several other intricate points. Lastly, one should clearly mention the tenure for which the property would be rented out. Normally the agreement is signed for 11 months. The notice period and the clauses to be followed if either of the parties wants to cancel the agreement before time should also be made precise in the agreement.

Kolkata is growing to a great extent making way to a great scope for the real estate sector in the city. There is huge demand for 2bhk flats and houses for sale in Kolkata. Here is a brief overview on the current scenario.

The realty sector in Kolkata is showing a major hike and hence the time is indeed ripe to invest in the sector. This is no doubt going to offer a positive effect in terms of the ROI. This also bears enough testimony that the cityscape is growing tremendously. Investing in the real estate in the city has much potential to yield great profit and there are multiple reasons for the rapid pace of development in the sector. The development can be observed across the city and the key areas where the demand for 2bhk flat in Kolkata is at its peak are Ballygunge, Belvedere, Southern Avenue, Park Street, and Lower Circular Road and so on.

Although, these places are quite considered as the posh ones and the prices of properties are far higher over here. Still, it didn’t create much impact on the buyer’s preferences of looking for house for sale in Kolkata over here. The areas, such as Garia, Kalikapur, Ajoynagar, Behala, Thakurpukur and many others are some which are although not very near to the heart of the city but still among the popular demands for having flats, stand alone buildings, farm houses and plotted lands. The development of transportation networks, upcoming metro routes and construction of Bypass connectors and flyovers have created great potentials for these spots and connected them simultaneously to the throbbing city heart. Rajarhat, Newtown, Tollygunge and Howrah are also some of the areas which are also very much in demand. Hence, the city is growing making way to a better lifestyle. That’s a welcome change for sure.