Important Tips for first-time Home Buyers

Real Estate Property For Sell Residential Apartments In India

Several issues weighing on the minds of investors for the first time, the first is how to overcome his own doubts about buying a property.

Then there are other serious problems, the assets related to research, legal and financial practicalities of buying a house, and long-term consequences of owning and maintaining a property. While these reasons may seem enough for a beginner to screw with proper planning and research, the process of buying a home can be very smooth and stress free.

To take some pressure from potential buyers, here are some tips to help them make the right investment decision. Here are some important tips for first-time buyers:

* Think long term

* Do a thorough search of the market

* Explore and understand all the options for debt financing

* Find a good deal brokers buyers agent

* To buy property in India

o Ask the seller a clear title

o Make sure that the stamp duty is paid

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pdotg constructions

PdotG Group is well know for developing properties and building quality & affordable residential apartments and luxury flats in Chennai, Bangalore and Tirupathi. We are one of the best builders developers in Chennai. With excellent features, facilities and specifications, PdotG Property Development is committed to offering you innovative living spaces.

Real Estate in Chennai
Real estate in Chennai has been undergoing a shift in its real estate trends recently. While, the commercial properties of Chennai have reached a point when it is very difficult to purchase a property in prominent locations, the residential property preferences are also changing.

Chennai Property Prices have been on rise since long, especially the commercial property rates. The rates of commercial properties are very high in areas like IT, T.Nagar, Anna Nagar, Adyar.

Further, the booming commercial segment and growing influx of IT professionals have pushed the residential demand and prices to a new high in Chennai over the last few years. Now, with increase in property tax by the state government the residential rental values have increased manifolds.

Moreover, with more exposure to other developed countries and salaries going up, people all over the country want a luxury life style. This trend has also caught up with Chennai properties as well, wherein people are now more into 3 bedroom lifestyle homes.

Also apartment flats in Chennai are gaining popularity day by day due to the increase in population and lack of space. Many prominent builders in Chennai are building projects comprising of luxurious apartments, providing ultra modern facilities. With young professionals going in more for rented units the lifestyle apartments are attracting huge investments from NRIs.

Article Source: PdotG provides you the best and latest information on Chennai Property like  flats  or appartments , For more information, you can visits PdotG .

Residential Flats in Iyyappanthangal

New Residential Apartments with Iyyappanthangal PdotG Real Estate.

Leasehold and Freehold - Knowing the Difference in Residential Flats

The owner of a freehold property owns all of the property and all of the land outright. The theory states that the freeholder in England and Wales owns the land and everything on it from the centre of the earth to the top of the sky. Most houses in the UK are freehold with some notable if rare leasehold house exceptions.

The form of land ownership dates back to feudal times and many non-British people new to buying flats in the England and Wales are taken aback when they learn of it. Most Europeans are used to the concept of very long rental leases on flats where the block and units are owned outright by one person or company. In Australia a system know as 'strata' and in the US the condominium system establish forms of shared apartment ownership with committees of owners responsible for running the whole building and its shared parts. England and Wales are still stuck in the much criticised but historically entrenched leasehold tenure system where a separate landlord has an ultimate call on the main building still and who collects ground rents from all the lessees or leaseholders.

A leasehold property is 'owned' for a period of time by the lessee as stipulated on a lease document. At the end of this lease period, the property reverts to the freehold. Since most leases are 99 or 125 years, few of us need to worry about reaching this point, known as 'reversion'. It is a bit like taking out a lease on a car; you pay for the right to drive it and are fully responsible for it but, after the lease period, the finance company gets the car back. However, older flats have leases that may have run down several dozen years.

When acquiring shares of freehold, flat owners are buying the freehold for their part of the block from the current freeholder. The flat owner or lessee continues to be a party to the existing lease agreement. However, they almost become their own freeholder, bizarre as that may seem.

It is common for uninitiated people to refer to a flat as 'freehold', especially in some estate agents' particulars when marketing a property. It is almost certainly not freehold but leasehold with a share of freehold.

There is an important exception to residential leasehold in the form of Commonhold tenure. This is a concept introduced in the 2002 Commonhold and Leasehold Reform Act to answer those critics who demanded an alternative to leasehold tenure. It is theoretically possible to convert flats to Commonhold from leasehold but the requirement that all the leaseholders must approve of the change makes it extremely rare for blocks to successfully undertake the process.

Commonhold is essentially freehold ownership of individual flats, houses and non-residential units within a building or an estate. The remainder of the building or estate forming the Commonhold is owned and managed jointly by the owners of the flats via a Commonhold Association. The most significant difference is that ownership is not limited to a number of years as in the case of leasehold ownership.

Article Source: http://EzineArticles.com/5965717

Residential appartment available for sale at Iyyappanthangal, Chennai by PdotG.

Flat Builders

Home And Flat Builders India

PdotG Real Estate Company India is the independent house, residential home and flat builders at India. We are the realtors committed to provide a property development and high quality housing for all.

Investing in a flat during prelaunch or built one?

Its better opting a pre launch property.

Its all ways better option in choosing a property in pre launch. 

Reasons :

1) It will be attractive price due to the competition among the builders.(Only go with a reputed builder).
Traditionally, a house was an asset usually inherited by a son from his father. Often, it was towards the fag end of his career that a salaried person could afford to buy his dream house. However, easy availability of home loans at attractive rates has changed this scenario.

2) Current price in terms of the material like cement, steel and sand at a nominal rate unlike the sky rocketing price.
In case a property has been sold at a nominal rate as a gift, the receiver will have to pay taxes on the difference between state government notified rate and the purchase price.

3) Ample time on the options of payment schedule.
Part payments made to builder before the service tax is applicable, etc.

Residential flats & Luxury villa apartments for sale with PdotG.

Pdotg Constructions - Residential Property Developers

Green Construction is The Newest Trend in Home Building

The green revolution is slowly but surely taking root in the construction industry like in all other arenas of modern life.

Today world awareness of global warming and environmental issues becomes common knowledge and all around the world people are starting to act on this very critical problem in many ways, and as we shall see, the most immediate way to adapt good "Green Habits" is at our home. We don't need to go out there and fight with all the big destructive "Red industries" such as the petroleum industry, to save our precious planet, but rather we can do it quietly yet effectively with green design and construction of our home. More then ever the old saying "charity begins at home" proves to be right, only now a days this charity can have far reaching ramifications that can benefit also our big home "our planet".

Green construction will become the convention as more and more ecological regulations and laws supervising the industrial sector are mandated. The cities of the future will be completely self sustainable in terms of energy consumption, and architects will need to follow strict green design and construction criteria. As a matter of fact, most of the technology for environmental friendly construction already exists and it is only a question of time until we see it being implemented on a regular basis in home and building design.

General contractors too will need to reassess their approach to home improvement and remodeling, putting Eco friendly concepts on green construction to use on every job they do. For instance, recycling of old materials from the job site is completely easy to do with huge benefits to the environment in terms of waist control and reduction. Builders and general contractors only need to do a small attitude revision and a little learning to upgrade and take part in this global change of going green.

The industrial revolution that started 150 years ago brought advances but also marked the beginning of dangers down slope to the environment. Now is the time to start using technologies that can work harmoniously with the wonderful world we live in without compromising our quality of life.

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