Jagmohan Garg : List of top 5 cities to invest in 2017

The year 2016’s budget and Indian government’s Smart City move had together made conditions favorable for home buyers. The first list of 20 smart cities released in January 2016 presented a few locations, which aren’t one of the famous residential places today, but will transform significantly with sustainable real estate, good infrastructure, and market and communications viability. Renowned real estate mogul, Mr. Jagmohan Garg, tells us five hot realty options in the country.

Pune

Proximity to Mumbai, a thriving engineering, education, IT and automobile scene have boosted real estate activity in Pune. This city has become a much sought-after location for out-of-town investors due to Mumbai-Pune Expressway.

Delhi NCR
Delhi has always been one of the favorites for both, real estate, home buyers and investors. Locations such as Vasant  Kunj and South Ex have attracted huge number of buyers. Thanks to world-class realty projects, including Jagmohan Garg’s Dmall, DLF’s cyber city etc. Delhi continues to maintain its reputation as one of the best locations in India.

Navi Mumbai
Navi Mumbai, situated off the west coast of Maharashtra, is a planned township of Mumbai. The city is being divided into two parts – South Navi MumbaiandNorth Navi Mumbai. This city is home to well-planned roadway, some of the biggest MNCs and excellent townships.

Ahmedabad 
Rising employment opportunities have attracted talent from across the country and turned the investor driven real estate market into an end user-driven market in Ahmedabad. Infrastructure projects like Outer Ring Road and the BRTS have opened up peripheral locations.

Indore
Indore has become an educational hub that boasts both IIT and IIM. It is one of the fastest developing cities of Madhya Pradesh. Indore has a strong auto and pharma industry presence, which has great influence on its real estate market. The growth drivers here are, BRTS, Major Road 12, Super corridor and DMIC.

Thus, the above realty locations are among few good areas for investment apart from other parts of the country

8 Issues With Buying Rental Property And Becoming A Landlord

Buying an own a property is everyone’s dream. Every single person wants to have their own house and much more property in terms of wealth as well as status. But in present scenario buying a property is very difficult task. As the market rate for purchasing any property is very high. Also buying a property is a life time investment for any person. Before buying you should consult a real estate agent as GIRISH NAVNATH AVADH does. After buying a property you can make it rental for earning purposes. It costs nothing much but make earnings a lot.

GIRISH AVADH PUNE tells us some issues with buying rental property and becoming a landlord:-

For buying a property we need a capital investment which is compulsory for everyone. You have to look upon your own status for purchasing firstly. After buying a property we have to spend a worthy amount to make the property rental if it is damaged, portion of the property should be remolded. Repairing work such as for foundation, wiring and plumbing also needed. Whether the property is damaged or not you have to make up it according to the necessity. As a landlord you have many responsibilities regarding your rental property. According to law if any damage is occurred you have to repair it quickly.

Rent collecting is further an issue. That creates headache every month. If the paying guests or tenants are good they pay their rent on time. You don’t have to call them for paying rent. But if they are not good they  creates dispute in giving rent. Having a comfortable environment in dealing with tenants is must before start renting. At first tenants will agree for every conditions of landlord but later surprisingly many problem arises. GIRISH AVADH as a landlord faces many problems such as calling tenants for paying rent, putting stains on floor, uneven drilling on walls and paintings made on walls and floors. Fighting tenants with one another is another problem due to which many landlords suffer a lot. Evection is a solution for such cases. Maintaining property properly and paying taxes is another way of becoming peaceful landlord.

Decorate Your Home

A new home is your craft book you can transform it into a perfect masterpiece using your imagination and creativity. And Girish Avhad Pune helps you do just that.
The basic thing would be to paint your walls of course not if you are living in a rented accommodation. Color the room either according to the purpose or according to your personality.

If you are more bubbly and funny you can go for bright and happy colors like golden or pink . The best part is, it will not be permanent so feel free to be your self and be innovative.

What one can try is a contrast of colours like three walls a lighter shade may be yellow and the fourth one red. One wall of totally different color or accent is a great idea. A wall can be a mirror to your own self, your own personality.

Trying new furniture could twist the look of your home too. Mix and match sets like four sofas of different colors or a dining table with all chairs of different pattern can become a trend setter.

One important aspect of every home is storage. We all struggle inside the store room, under the beds etc. Books and shoes are some of the items that often need to be stored safe and secure. Good news is very stylish and chic furniture is available for storing daily needs items.

Revamp your house interiors by coloring old furniture if you can’t buy new one at the moment.

Changing flooring in accordance with the furniture is also a great idea. Move your furniture to new places just to see how they look there and then compare.

Artworks really brighten up the space. Using good artwork can fulfill your dream of a perfect make over.

A trip down the memory lane is always welcome and refreshing. So hang those memories all around to liven up the room.

Floating shelves are really in these days they are practical and useful they can be used to keep almost everything from books, vases, photos etc. The collection at Girish Navnath Avhad is just precise for every body’s taste and style.

Lighting your home accordingly is very crucial a bright room reflects positivity.  You can try combination of lights that goes with your wall colour and rugs.

Girish Avhad has just what you think you’d need to turn the look of your house around.

12 IMPORTANT DOCUMENTS TO CHECK BEFORE BUYING A NEW PROPERTY

Property whether being bought for keeps or as an investment should be taken seriously. Dealings in property do not provide any scope for any negligence. Girish Avhad Pune helps you ensure that you are buying what is right!

There are certain thumb rules to be followed while buying a property be it an independent bungalow or the most desirable duplex apartment next door.

Keep these in mind before you take the plunge:

1- MOTHER/PARENT DEED

As the name suggests it is an essential document stating the change in ownership if any of a particular property ever since it's construction. The change in ownership as recorded in the deed should be continuous. In case of any gaps the buyer should consult the registering office for clarity on the same.

2- SALE DEED

This document will attest the sale of the property from buyer to seller. The buyer should seal the sale deed only after thoroughly going through the terms as agreed upon by both the parties.
All the outstanding bills etc should be cleared by the seller as on the date of the deed.

3-COMMENCEMENT CERTIFICATE

This is only for properties that are under construction. Before booking a property in such a case it is wise to ensure that the builder has a certificate by the local authorities to begin construction work at a given site. The absence of which may also result in levying of penalties or in some cases even an eviction notice.

4- CONVERSION CERTIFICATE

This is for properties that come under agriculture sect. In such cases the owner is required to submit the documents required to convert his property from agriculture to non agriculture land.

5- BUILDING APPROVAL PLAN

The development authorities of a state after scrutinizing the permissible dimensions etc of a building grants permission to go ahead with the project. It is very important that a builder gets his building plan approved for a smooth construction as well as selling experience.

6- KHATA CERTIFICATE AND EXTRACT

It is mandatory to obtain a khata certificate to register or transfer a property. Khata extract as the name suggests is to collect the details of a property from the assessment registrant. There are two kinds of khatas. One is A khata and the other is B khata. A has properties legally constructed and having met all the formalities etc. B on the other hand are properties that violate the construction rules in some way. It is better to investigate this about your desired property and go for A khata property.

7- BETTERMENT CHARGES RECEIPT

Also referred to as improvement fees it is a one time fees to be paid to the development authorities before the issuing of a khata. While buying a property don't forget to ask for this receipt.

8- POWER OF ATTORNEY

The owner of the house can either give a special power of  attorney or general power of attorney to the buyer. This attorney is a written proof of transfer of authority of a particular property.

9- ENCUMBERENCE CERTIFICATE

This certificate helps to identify any mortgage  or other transaction made on the property. The copy of sale deed is to be given to obtain an EC.

10- COMPLETION CERTIFICATE

This certificate is only applicable to a property that is already constructed. It signifies that the property in question is in compliance with all the rules and regulations of building construction. Receiving a home loan gets easier with the possession of this certificate.

11- OCCUPANCY CERTIFICATE

As the name suggests this certificate is applied for by the builder once the construction is complete. The authorities thereafter check the state of the property to be moved in and passes it if it meets the stated norms.

12- LATEST TAX PAID RECEIPT

The buyer should make sure that the seller has cleared up to date tax, electricity, water and other bills. If the seller fails to show the original copy the municipal corporation of the area should be contacted to ascertain the same.

Girish Avhad helps you sail through all these formalities and much more with ease. Girish Navnath Avhad is well known for its expertise in property sale purchase and brings you the best always.

Home Construction Tips

Constructing a home is a rather lengthy and tiresome process than one imagines it to be. However, having the knowledge of various steps involved in the construction of a home can clear some clouds. Read on to know the steps to constructing a home given by Girish Avhad :

Foundation

The initial step in the construction is laying the foundation which is the groundwork structure that holds up a house. The proper construction of foundation is essential to prevent any future disaster that could tear your house. This stage involves excavation the ground, framing limber for different sections and pouring concrete into each section. The foundation can take one week to set, after which the form boards are removed, and then the stage of framing starts.

Framing

Framing is the underlying structure of the house just like a skeleton is of the human body. Framing is done to give the initial start to the construction of rooms, doorways, and windows by installing the lumber frames.

House Wrap

Your house can suffer from extreme damage due to certain climate risks such as moisture which causes the interiors of your house to become moldy and wet. House wrap is a protective barrier installed to prevent the development of mold and wood rut caused by climate changes.

Enclosing Your Home

The next step is consisted of enclosing the home by installing exterior shielding, shingles, roofing system, doors and windows.

Mechanical Installation

Mechanical installation is a crucial stage in the construction of a house as at this stage, all the work regarding mechanical components and wiring is done. Venting, ductwork, and HAVC system is also installed in this stage.

Drywall

After mechanical installation, the next stage is consisted of placing drywall also known as plasterboard. Drywall is used to make interiors walls and ceilings and it is the prevalent alternative to traditional plaster technique which takes longer time to get dry.

Interior Design

This is the most creative and exciting stage of house construction. Interior designing of house consists of designing and selecting products that go into various rooms and kitchen such as flooring, cabinets, countertops, lighting fixtures etc.

Girish Avhad is a Pune based real estate agent and self-made entrepreneur who has used his management skills in creating his business to become one of the most outstanding Indian businessmen.

Tips for Living in a Small Space with Kids

Living is a small apartment is never an easy thing to do even for a couple, and if a child or two is added to this equation, you are surely to end up with a great headache. Therefore, Girish Avhad hereby gives you a few tips on how to live in a small place with kids to enable you to make most of what you have:

Don’t Store What’s Not Needed
Art pieces by your kids, or old souvenirs you bought while touring with your spouse may mean a world to you, but don’t let them take up the extra space. Start throwing out the things you don’t need.

Downsize the Items You Have

Usually every household has a lot of extra home appliances that they don’t really use or whose function is well executed by other appliances too. Declutter your house by preparing a list of items you have and removing the items which are not in use or not required.

Don’t Have Multiples

It is great to have multiples of everything you own, shoes, towels, cups and even random showpieces until they start cluttering your home. Get rid of the habit of buying everything in multiples and try to use those items which can be useful for everyone in the family.

Store Everything in Baskets

How much you try to reduce your household items, there is always a bunch of stuff that cannot cut down, especially when you have a kid. So what you can do is store everything in baskets to keep your house clean and economically use the space.

Think Vertical

Install high display shelves and store items such as toy, stuffed animals, clothes etc. in them. This kind of vertical arrangement allows the optimum use of less space and gives a nice look to your house too.

Use Multi-Purpose or Foldable Furniture

Furniture is required no matter the size of your house and number of people living in it. Therefore try to find alternative furniture items that are either multipurpose or foldable such as futons.

Make Use of Community Places

Trying to manage everything in a small house all day long is tiresome. Expand your home to include community spaces to catch a much needed break and get access to interesting opportunities and space. Go out and use community places like parks, libraries for entertainment and recreational activities.

Benefits of Buying Home

Though owning a home is everyone’s dream, buying your own home is a huge financial responsibility for everyone involving a lot of pressure and doubts. However, if one educates oneself before buying a house and takes help of professionals, buying a home can prove to be a very beneficial action.

So even if you have some doubts, Girish Navnath Avhad hereby presents you with a list of benefits of buying your own home that will clear all your doubts in a second.

• Buying your own home can provide you with the greatest financial security. Instead of paying off your rent every month and not getting anything out of it at the end of day, you can actually own a home with that money. A great sense of independence can be achieved with your own house.
• Monthly input of money in housing is stable unlike renting. For your monthly payments are of fixed amount unlike your rent, which increases with the time and change of place.
• Buying your own home is a solid financial investment for it provides steady returns which are unaffected by erratic movements in the stock market. Therefore, by investing your money in a house instead of stock market, you can ensure safe and steady returns on your investment.
• Buying your own home enables you to generate more savings for the value of real estate increases rapidly and constantly for the growth of your value’s property exceeds your ability to save. The percentage of increment in a savings bank accounts is definitely lesser than the increment of your property’s value.
• Buying your own home is also beneficial in terms of building equity. Equity is the amount of which you can sell your house for minus the amount you still owe to it. Your monthly payments or EMIs deducts the amount of what you owe which consequently raises your equity.
• Buying your own home is a great long term investment for your house can make up for a good rental property in future. In this way, you can your house as source of second or first income during old age.

Girish Avhad is a well-known real estate agent and self-made entrepreneur who with his hard work and dedication became the most renowned businessmen in India.