How SVB Realty Became the Preferred Realtor for NA Plots in Gated Community!

At the beautiful locations of Pune, the well-known land developer SVB Realty, provides residential NA plots and villa plots, at an affordable price. From the inception, it has constantly grown as a realtor by providing delivery on time, exceptional, luxury residential homes with innovative designs. In the scenic locations of Pune, the premium villas and NA plots are situated, which will calm your mind, de-stress your life and adding quality to your every breath i.e., living a wonderful life with your loved ones. Similarly, their residential projects, which are unique and one of its kind, where also you will experience a sense of pride, freedom, and luxury. By developing phenomenal gated community and outstanding residential solutions, SVB Realty set a benchmark. In just 6 years, they take pride on 10 million square feet of real estate development. So SVB Realty makes your dream a reality.

Some of the project overview of SVB Realty as follows:

SVB Future City: It is located at Khed Shivapur, where residential NA plots and villas are available for sale. It is a luxurious country-side resort living provides all the world-class amenities.

9 Luxure Estate: It is located at Talegaon, where residential NA plots and villas are available for sale. It is a premium, luxury, gated community living that’s a notch above the rest.

Ecostone or The Village Life: It is located in the heart of Takve, where bungalow plots and complete 1 and 2 BHK villas at the price of bungalow are available for sale. It is premier eco-themed gated community strategically conceptualized, near to every convenience, yet secluded in exclusivity.

Since SVB Realty is one of the leading land developers in Pune and Mumbai, so you will make a safe investment by investing in the villas and NA plots. All the deals are transparent and they will assists you in all the documentation processes. They also provide 365 days of customer services and you can lead a stress-free life. As their residential projects are located in prime locations so investing in a villa or NA plot can yield high returns in the future.

Also Read : Why Should I Invest in a Plot?

They follow the 5 T-factors (or transparency), as follows:

  1. a) Legal Conduct
  2. b) Business Conduct
  3. c) Financial Conduct
  4. d) Customer Relation Conduct
  5. e) Project Commitment Conduct

The SVB Realty offers premium, luxury residential villas and NA plots in Pune and their strategic planning, marvelous constructions and timely deliveries have earned the company a reputation of trust over the years. Instead of the project locations away from the hustle and bustle of the city in beautiful places, this doesn’t mean, you will be living in an isolated place. A smart connectivity to the major places and landmarks in the city will be available and it will enable you to reach those destinations in a short period of time. You will enjoy living in the arms of nature, de-stressing yourself with fresh air, lush green environment with amazing scenic beauty and also reaching your workplace faster using superior connectivity.

Pune Real Estate 2019 – Top 5 Investment Reasons You Cannot Ignore!

If you are planning to buy a property in India, then the most preferred place to suggest is Pune. In Pune, the residential property market has maintained its momentum even during these challenging times. It is also the best-performing residential real estate markets in the recent past. You can find your ideal home and villa projects in Pune at the places such as Hinjewadi, Pimpri, Kharadi, Wakad, Talegaon, Bavdhan and the outskirts of Pune. But like all other real estate investment, it is also very important to ensure that you are making the right investment in the right location of the city.

The following top 5 real estate investment reasons in Pune that emerged for the year 2019, which you cannot ignore for the real estate investment.

1) Pune Tops in the List of the Most Livable City in India:

By the Ministry of Housing and Urban Affairs, Pune was reported to be the most livable city in India. The result comes from a survey of a total of 111 cities, based on the 4 different metrics which are likely to be governance, physical, social and economic infrastructures. This announcement should be having a positive bearing on the city’s real estate sentiments.

2) On the Radar Infrastructure Development:

Some of the key projects in Pune are in the pipeline which will give Pune an infrastructure facelift. These projects are Hinjewadi – Shivajinagar metro, Swargate – Katraj metro, Bus Rapid Transit System (BRTS) along the Pune – Mumbai Highway, revamp of smaller roads and a 33 KM long ring road.

3) Fast-track Pune Metro by the Government:

The third phase of Pune metro that is running between Hinjewadi and Shivajinagar, has been categorized as a ‘vital project’ by the state government. The faster release of land, finance and other requisite assistance i.e, fast-tracking the completion of the project falls under this status. It also spelled a good news for the homebuyers based on the decision of extending the line up to Hadapsar too.

Also Read : How is Pune’s Property Market Influenced by it’s Educational Institutes?

4) IT Park Development Approval by PMC:

In Aundh, Baner, and Kharadi, approval for new IT parks has been granted by Pune Municipal Corporation’s (PMC), which would generate approximately 1 lakh sq. ft., of IT space in the city. So in the nearby housing locales, such as Wakad, Pashan, and Vishrantwadi, a housing demand is expected to propel due to the increase in job opportunities.

5) Pune Housing Market is eyed by NRIs for Investment:

The NRI community’s top choice for realty investments for earning a healthy return, in the long run, emerged for Pune, Delhi, and Mumbai due to the backsliding of rupee against US Dollar. Anticipated expectations for the NRIs, to crack deals worth Rs: 100 – 150 Cr., as a consortium, which will benefit all the aspects like, the residential, villa projects, the retail and also the commercial real estate markets.

So it is the right time to invest in Pune for real estate investments than in any other cities in India. The property prices are expected to be seen a rise in future soon.

Diwali Home Decor Ideas Without Getting Dent On Your Pocket

The festival of lights or Diwali is around the corner and everyone is feeling the joy and excitement in the air. This is India’s one of the most awaited and celebrated festival. Almost everyone gets ready with the decorations of their home and planning for new accessories to kindle the festive season

But all these new decorations and changes have a huge cost tag attached with them.

Following are some of the budget-friendly ideas to manage your expenses this Diwali:

Revamping your house with the new trending furniture. So bring out a little bit of your interior designer from within and with the ideas that you are getting from the DIY tricks of home decorations. You can get all the latest designer-furnitures on rent to decorate your house for this festive season and it will be well under your budget.

By doing this you can save the extra amount that you might need to spend during the festival. In this way, you can do a little show-off to your guests also by treating them royally by keeping a king size bed in the guest room or maybe a luxe couch at the hall along with some scented candles, verities of flowerpots and other affluent accessories. In addition, you do not need to worry about the cost of this opulence since everything can be rented. As for your friends, they won’t mind getting a little bit indulging with your extravagance.

To generate a new look at your place, just use the new drapes and furnishings like changing the curtains, table, sofa and bed covers, etc. To make it budget friendly, choose the items that will do the maximum impact when viewed.

As this is a festival of lights, so give your house a dreamy fairytale look with a variety of lighting. Keeping your expenses in mind, you can make paper lanterns and candle motives from mason jars. You can even make your own candles and also your own Rangoli using natural colors or even flowers at home. Recycling the old bottles by painting them and using them as vases. The unwanted plain glass bottles can also be used by filling them with twinkling lights.

Also Read :  A Guide for Newcomers for Buying a Property in Pune

This will give you a sparkling illumination to your hall. With the unused glass bowels, you can make floating candles and flowers. You can also rent some accessories online like different designs of lamps and adding some extra opulence to your new setup at no extra cost from your budget.

As renting is the new décor partner for you, so sit back and relax since now you know that next year you will get even better praises from everyone. For this year, with your creativity and treatment, you have impressed your friends already.

How is Pune’s Property Market Influenced by its Educational Institutes?

History stated that Jawaharlal Nehru coined Pune as “The Oxford of the East”, owing to schools other management institutes that the city boasted about. Pune attracts thousands of students each year from all over the country as well as from all over the globe.

It is a fact that Pune’s real estate market is said to be directly linked to being beneficiary because of its highly established educational environment. People staying in Pune are always eager to invest in their children’s education. A direct urge to pay more for a home which is located more closely to a good institute is often seen. In fact over more than 35% of the citizens in Pune are said to approximately listed to stay near good institutions.

Mostly the buyers who are interested in buying properties near education centers are the migrants from other states, which leads to the greater demand of houses near schools as this can be the most ideal step for any person to raise a family. A group of significant buyers, predominantly the young working couples are mostly willing to compromise on other aspects. These may include entertainment and even their workplaces just to secure a home which is closer to a good school.

Also Read : SVB Realty – Prominent Real Estate Development Company in Pune

For these people, welfare of their children matters to them the most than any other thing. The property buyers in Pune will always prefer a residential project located near an educational institution and are always ready to pay any higher rates for their family. So after summing up from the pieces of information, that there lays no doubt about the location of the top best schools and colleges in Pune.

It is a very well known fact that people are earning more day by day, working day and night to increase their salary for not their own sake but for their families to be happy. After this, the members of their family can enjoy the ultimate luxury of life and in addition to a proper educational field where the children can not only enjoy the bits of life but can also flourish themselves by being in good a company. They can also enjoy their living in a proper society and good schooling and college environment. To provide all these things to his or her family, it is quite mandatory for a person to work and earn to provide all these factors and to enjoy and provide the same to its family.

There are the real estate agencies who are ready to provide the same for a very good price and it is a very ethical way as well by proving all those things to its customers the real estates can get a good price for their deal. So, it is a win-win situation for both the parties, thus it is a never-ending topic but a conclusion can be made that somehow or the other educational institutions to create a great impact on the market property.

Digitization of Land Records in Real Estate – A Big Step!

To simplify management of trusted information and maintaining the security by protecting data from the unauthorized access or manipulation with no room for error about individuals, organizations, assets and activities, the requirement for a digitized system for data handling by the government needs to be implemented. Digitization, like the other advanced governments, has touched and transformed almost every industry, India also need to the digitized real-estate sector in terms of construction, asset management, marketing and sales and also for the dawn of “smart homes” and a professional working environment. The housing sector alone contribute 5%-6% of country’s GDP. As per IBEF, the real-estate market of India is going to touch USD180 billion by 2020, where, technology will accelerate the growth-rate in real-estate further.

Reasons for Digitization

Still many states have not even digitized the basic survey documents, sketches, maps, etc. Previously, these records were maintained by different departments at the village level and they were working alone with no digitization training and lacked any streamlined land records resulting in litigation, scams and property disputes over land ownership. All these forced the government to set up a digital department which will lead to transparency and reducing the document procurement time.

Also Read : What are the Documents Required to Buy a Land

Introduction of DILRMP

Digital India Land Records Modernization Programme (DILRMP) was launched to computerized all land records, including mutations, improve transparency in the land record maintenance system, digitize maps and surveys, updating all settlement records and minimize the scope of land disputes. A clear title of land ownership will be provided, which can be monitored easily by government officials facilitating the quick transaction. It will also reduce construction timelines and developers overall costs and benefited the consumers’, making attractive property prices.

The computerized land record was started by Karnataka under “Bhoomi Project” followed by Andhra Pradesh and Tamil Nadu. Due to lack of clear and sufficient data and mismanagement between the various land records handling agencies even the digital land record and the digitized land registration databases are not synchronized.

What will be the Impact?

The registered sale deeds and property tax receipts are not government guaranteed title to the property but the authorities used them primarily for financial purposes. For the evidence of ownership, the registered property title documents should be provided which will encourage faster transactions and completion of projects in the real estate industry. For national growth, the support of infrastructure development also requires litigation-free land for commercial and residential use.

The unclear land titles, the accompanying costs for title disputes, litigation and lack of transparency, makes the real-estate market sluggish. So the digitization of all kind of land records is imminent.

Conclusion

It will also boost the government’s “Digital India” mission. The total area of land owned by a person will be revealed by a complete compilation of land record data, avoiding confusion between government and private lands and difficult evading of property tax by the general public. For home buyers, it will show the correct details of the owner and any litigation records if exists, also if buying from a developer they can verify if the building adheres to all regulations and transparent market-based pricing. SVB Realty offers residential plot for sale in Pune with the help of experts who will guide you throughout the land buying process and documentations. That’s the reason SVB Realty is becoming a convenient potion for the people looking for residential plots in Pune.

The Rise of Female Real Estate Investors

For many years, investment in real-estate was confined to the male domain while women are mostly concentrated in the helping aspects of the industry like real-estate agents. But in recent years this trend is changing and women are drawn towards real-estate investing which leads to a tremendous impact and have become a powerful force in the industry. The overall growing income level of women, in general, has been increased, which increases the propensity to purchase a home and secure them. In India, it has been estimated, women are now 30% of urban property purchasers. The various initiatives by the government and financial institutions have also contributed to this growth.

If a property is registered under a woman’s name, then there are a number of benefits that available are:

1. The preferential interest rates offered by SBI, ICICI, etc., who are the major lending providers along with the lower stamp-duty rates up to 1%-2% as seen in markets which include Delhi and Rajasthan.

2. Higher tax deduction on the interest rates paid on the home loans.

3. If both husband and wife are co-applicants of a home loan then both of them can claim the tax deduction on the rate of interest paid.

The provisions of government to encourage women investors in the real-estate sector are:

1. The interest of home loans is lowered by the lending banks comparing to men.

2. The women have to be the co-owner or sole-owner of the affordable houses under the Union Government “Housing for All” mission. This empowers women from low-income households.

3. Women are eligible for up to Rs.2 Lakhs of tax deduction on home loan interest. The Delhi Municipal Corporation also provides a 30% rebate on the property tax, if registered under a woman.

4. In state’s like West Bengal, for the poverty alleviation schemes, the land titles of the Government allocated plots for low-income households are provided in the name of a woman.

Also Read : Easy Ways to Save for a Down Payment

While all these benefits are there for female empowerment, but still there are quite a few challenges ahead. For a single woman, they face indirect challenges when looking forward to buying a home due to their gender, ignorance by others and contractors taking advantage by charging them more. Also for some other components like safety, security and connectivity which makes the female home buyers purchase in what could be more expensive developments and neighbourhoods and ultimately it increases the purchase price of the home for these single female home-buyers. In addition to this, during the process of purchasing a home by female home-buyers, there are instances of discrimination, inconvertibility with a single woman and also they are subjected to greater personal scrutiny during the time of application.

Though the above mentioned universal challenges are there, the trend of women home purchaser should be encouraged to increase and provide them with the rightful empowerment by the society and as an industry. Women can too like the men can be a successful real-estate investors and make a good living or prepare for a comfortable retirement.

A Guide for Newcomers for Buying a Property in Pune

The city of Pune, Maharashtra attracts various people from all across the nation and the globe. Most people move here either for higher education or for job as the city provides ample job offers. But when it comes to property buying, all of these people have different requirements which is different from the local residents. When you compare Pune to other cities, the city offers all sorts of apartments like 1bhk, 2bhk, 3bhkz duplexes, and bungalow to luxury houses at affordable prices. With the rapid increase in the commercial and IT hubs in Pune, the growth in the IT jobs, the real estate business has widely been affected and has increased.

What does the real estate market at Pune offer?

The residential real estate business segment is hugely in demand amongst the Non-resident Indians is the city provides stable returns from proper investments and handsome rentals. The ready to move in properties or the properties that are almost ready properties have the highest demand in Pune. The real estate market has witnessed a massive depression from all around the country but despite of the slowdown which has been noticed in most of the cities, the real estate market in city of Pune has been silent due to its high demands from the IT hub and the students.

The type of property that one is thinking of buying naturally depends on economic condition of the buyer and the time he or she is thinking to buy the property. Homes ranging from 35lakhs to 10 crores is easily available in Pune, so the decision is upto you.

Also Read : Important Things You Need to Know Before Buying a Plot

The ideal and cheap micro markets in Pune and their benefits:

Places like Koregaon Park, Bibvewadi and Central Pune is the best option for people coming from outside to buy properties as the place has proper and updated infrastructure, good schools, entertainment hubs, hospitals etc. However as we know for getting a good thing you must spend more, the properties here are slightly expensive.

If you are looking for properties at places near the IT hubs at affordable prices, then Hinjewadi and Magarpatta would be the best option. The Outskirts of Pune, like Wagholi, Ravet, Undri, Talegaon and Wakad also has good facilities and is usually preferred by the middle class people. Hadapsar is widely popular among the rich on terms of investment as the returns are quite high.  These few regions offer quite good potential for capital appreciation and higher rental income.

Points to keep in mind if you are an outsider and you are investing in plots here:

  • First of all have a clear vision of what you are going to do with the house, rent it or live in it or resale or reinvestment.
  • If you are planning to move in, then decided whether you will move in recently or later in future.
  • If you are planning to move out, then check the base price and the selling price of your property and the return on your investment.
  • Before you make your first down payment, make sure that your bank has loan eligibility for your account.
  • You are advised to consult a property expert before buying one to know better about the locality and the resale value.

Five lessons from Lord Ganesha on Buying a Property

Ganesh Chaturthi is considered as the onset of Indian festivals. It is a ten-day festival of adoration of Lord Ganesha. It is also popularly known as Vinayaka Chaturthi or Vinayaka Chavithi. This festival is celebrated mainly while initiating a journey as it is believed that, worshipping Lord Ganesha will eradicate all the hindrance that comes in the path of success. Given below are some monetary lessons one can learn from Ganesh Chaturthi:

1. Take an Initiative:

It is never too late to take an initiative. If you have not taken any initiative in acquiring your monetary aim, start right now. Ganesh Chaturthi is celebrated while initiating a new journey, so take an initiative towards securing your financial goals right now. This could be done by saving an equal amount of money every month. You can use it as a recurring investment or as a mutual fund investment plan. This will help you to fulfill your desires like buying your own property.

2. Learn to Earn More:

As we all know that Ganesha has large ears and small eyes. This feature emphasizes the fact of learning through listening and observing things around us. Applying fresh methods which helps you to increase your income is the best decision you can make. By earning, saving and investing more one could meet all his demands in fulfilling the desires. Also by observing more, you could choose the best and appropriate properties with the best reference.

Read More : Reasons To Buy NA Plots in Pune

3. Be Frugal:

We all know, that mouse is the vehicle for Lord Ganesha. According to the size of Lord Ganesha, the mouse is very tiny. From this feature, we come to know that, we should make the best of use, even from the slightest resource we have. We should not be impulsive in buying something. We should have patience, interrogate property, and then come to a conclusion. We should know the difference between our wants and needs. We should spend money on the things we need, rather than the things we want. This will help us to secure more money.

4. Ensured a Secured Community:

Ganpati is the other name for Ganesha, which means “savior”. You should also learn about how to protect yourself and your family from miseries that you have to face in future. Keep a habit of buying only adequate things. This will help you to save money and run as a backup when your family faces any financial upset in future. This will help to suffer less and bring you more close to achieving your future goals.

5. Digest Volatility:

As we all know, that Ganesha has a huge stomach. This feature emphasizes the fact of his digestive ability. In the commercial world, there are times, when the market faces financial upheaval and a lot of unpredictable obstacles. Thus, you should have the knowledge about the assets and how much capital you should invest, which reveals the stomach ability of an individual. This volatility helps the investors to stay calm when such upheavals arise.

Easy Ways to Save for a Down Payment

Buying your own home is one of the common things we all aspire to acquire. As we all know, a lot of capital is required to buy your own house. We mostly do not have such a huge amount of capital available. Thus, we take the help of a bank or other agencies in the form of home loans, who provide us with the credit and in return we have to pay them back the credit, every month. Many people think that it is impossible to save money for the down payment. But, given below are some policies, with the help of which, you can save your money for down payment.

  1. Make coffee at home:

Avoid going to coffee shops and spending an ample amount of money on a single cup of coffee. Make coffee at home in a beautiful coffee mug and enjoy your day, rather than spending it on a coffee shop. Suppose, a cup of coffee at a coffee shop costs about Rs.150, then money spent on 300 cups of coffee in a year is around Rs.45000. Thus, avoiding coffee shops can save a huge amount of money which you can use it to pay your down payment.

  1. Pack a lunch

Packing lunch from home is another greatest way of saving money. It is not only less expensive but also is healthier. Buying meals on a daily basis can cost you a huge amount. A full meal plate costs about Rs.500. thus, a plate of meal costs Rs.500, then 360 plates of a meal can cost Rs.180000. This amount can add to your down payment if you are planning to buy a property or a home. Now you can estimate how much amount of money you can actually save and use it to pay your down payment. So, start from today itself.

  1. Ditched the bottled water:

Many people have the habit of not carrying water bottles, instead, they buy it from shops on a regular basis. It is a very good advice for those people who regularly buy water bottles for drinking purpose, you need to start using water purifiers at home, and start drinking those water and even fill it in your bottles while traveling for work. In this way, you do not need to pay for the bottles. Each bottle costs about Rs.30. so, 365 bottles cost nearly about Rs.10950 in a year. So, if you save this money it will help you in paying your down payment.

Also Read : REASONS TO BUY NA PLOTS IN PUNE

  1. Review your cable package:

Most of us cable connections at our home. We all know, that there are plenty of unknown channels on our package, which we do not watch, but still are paying for it. Take a close look at the channels you do not watch, and remove it from your package. Why pay for such channels which you do not watch. You can cut off the channels according to your usage and pay less. For instance, the cost of the full package is about Rs.600. So, if you cut off unwanted channels you can save Rs.200 per month, then the annual saving upon cable packages will turn to Rs.2400.

  1. Limit dining out-

It is necessary to try things to enlighten our life and feel refreshed. Dining out occasionally is good, but it is not necessary to go out for dinner on a regular basis. Having dinner at restaurants costs a huge amount of extra money. It even costs more, when you dine out with your family members. You can save money by cooking at home instead. You can cook fancy stuff and create a party mood at your own house with the help of lights and candles. Saving Rs.14000 per month can save Rs.168000 in a year. This money can be used to pay your down payments.

The scheme is not only limited to buying a property or a house, but you can also apply this scheme to buy other home appliances like refrigerator, television, washing machine, etc., Thus, for every people, it is very necessary to save money every month, so that we can pay the down payment for the things we have bought.

Legal Procedure while Buying an NA Plot

Introduction

Ownership of a house/ farmland/ land is an important thing in one’s life. Although, one needs to be conscious while buying a property to avoid falling into a legal nuisance. Prior to buying a land, a number of checks need to be done to be sure that the land has a clear and marketable title. The legal status of the land is one of the first affairs that should be addressed before purchasing a property.

Basic Documents Required to Buy an NA Plot in Pune

Purchasing property needs to be well-informed decision always. There is a lot of legal procedure involved when it comes to dealing with properties. Owning a property is risky but carelessness can lead to greater losses. Therefore, being cautious is vital. With correct property papers and identity proofs, you can take a more informed decision regarding your land. The first thing is to know the basic documents required to buy a land?

Legal checklist

  1. Verification of title– Verify that the documents you are having a look at are duly signed and stamped by governmental authorities.
  2. Search the identity of the seller– It is mandatory to pay attention to the seller’s residential stature and also nationality as well. Land investment is a crucial investment and requires consciousness.
  3. Check for the required permission– the process of converting of property for non-agricultural use is significant. If you are a buyer you must examine the plan beforehand.
  4. Construction approval-The layout plan of the property should be sanctioned by the municipality or other concerned governmental bodies.
  5. Non-agricultural-Agricultural lands are not meant to be taken under construction. Have a look through the necessary documents and procedures and be confirmed that your land is non-agricultural.

To ensure all things are at place, you need to understand the checklist in details.

What if I Am an NRI?

For an NRI purchasing a piece of land in India is more than an investment. Many Indians have gone abroad to stimulate their career.  This factor may sometimes make people homesick for staying away from their parents.

Here is a checklist for NRI’s looking to buy a plot in India:

  1.  Purpose-Your purpose should be clear.
  2.  Transactions-All transactions should be done in Indian currency.
  3.  Power of attorney-It is possible for a POA to any relative or friend who is living in India.
  4.  Taxation-If the price of the property is more than 50lakh, then the buyer must pay 1% tax on it. This is only for the first purchase.

Continue reading the complete checklist.

Transferring the Property

It is mandatory to have property documents while transferring a property. Transfer of property can take place for reasons like gifting, selling, etc. The Memorandum of Understand (MOU) is the first document that is required during this process. The transfer deed is used for transferring the existing title to someone else. The relinquishment deed is required when there is more than one owner of the same property and this deed relinquish all the share in that property to another partner. There are majorly 5 things you need to know about property transfer.

Who Can Help When Looking for an NA plot in Pune?

Due to the increase in IT and manufacturing companies have been coming up every day. This results in a huge demand for residential plots. Purchasing NA plots is the best solution for residential needs. There are a number of real estate business companies and trust which will help you find your ideal residential plots. Amongst the reliable developers available, SVB Realty is one of the prominent real estate development companies in Pune.

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