All the extra expenses of buying a Residential property In Gurgaon

Purchasing a house is one of the significant and vital choices we take in our lives. At the point when we begin searching for a place of our decision, we generally think about the undeniable expenses. Notwithstanding, the greater part of the occasions we will in general neglect or are ignorant of specific costs that may turn into an obstacle in the way of purchasing another home. These extra expenses may climb the general cost for one prompting spending more than the arranged financial plan. In this way, it is basic to know them before you sign the spotted line.

Affordable Residential Property in Gurgaon- Signature Global Golf Greens Sector 79 Gurugram

Dream Home

In this way, how about we investigate a portion of these expenses to set you up better which are as per the following: 

Enrollment + Stamp Duty

Enrollment charges are the expenses you pay to the state government to get an affordable property in Gurgaon enlisted in your name. It will be a noteworthy level of your allotted financial plan. For the most part, the charges run from 5-7% of the estimation of your private condo in Gurgaon yet each state has diverse stamp obligation charges. Moreover, you should pay enlistment charges of around 1-2% of your property estimation. 

Administration Tax + VAT/GST

At the point when you purchase another Residential Apartment in Gurgaon, these are extra charges that are caused by you. You need to pay VAT/GST while purchasing an under-development property. Along these lines, VAT/GST will be material, when private property in Gurgaon is sold from the dealer to the purchaser. By and large, it is 1-5.5% of the property estimation. Focal Government additionally demands Service charge and the assessment is material for under-development properties, which is around 8-10% of the complete property estimation. 

Upkeep Deposit

In the up and coming social orders and municipalities, Maintenance Deposit Advance is commonly charged by the developers. In any case, in different social orders, it is charged as a store by society individuals. The support store is normally utilized for the upkeep of the pleasantries in the task like nurseries, clubhouse, and fundamental framework offices, for example, water flexibly, lighting, and so on.

Stopping Charges

Parking spot charge is by and large rejected in the first expense of the private condo in Gurgaon, and in this way in certain social orders, the parking spot should be purchased independently. Be that as it may, the parking spot cost relies upon the size, its arrangement – in the event that it is secured or open, and the area of the property. In the event that you wish to relinquish the parking spot, the vender gets the option to offer it to another individual from the general public.

Ensure you know about all expenses before you make a buy to guarantee that you are not shocked later.

CLSS: Relaxation for affordable housing schemes

Home is fundamental for all families. In the event that you or any of your relatives don’t possess a pucca house, at that point you may be qualified for Credit Linked Subsidy Scheme. (CLSS) under Pradhan Mantri Awas Yojana (PMAY) affordable housing scheme. This reasonable lodging plan covers all the individuals falling under Economically Weaker Sections (EWS), Low Income Group (LIG)and Middle-Income Groups (MIG I and II).

You might be thinking about what is PMAY endowment? While PMAY is a more extensive plan that means to give Housing to all, CLSS gives endowments in the financing cost payable on home advances to make home-purchasing increasingly reasonable.

Affordable Housing Scheme

How accomplishes CLSS work? 

As an occurrence, suppose you have taken a home credit of Rs. 9 lakh for a long time at a 9% loan cost. Under PMAY moderate lodging plan, on the off chance that you are qualified for the center pay bunch I class, you’ll get an intrigue endowment of 4%, which will make your successful financing cost of 5%. The absolute sponsorship on your home advance would be Rs. 2,35,068.

Presently, you can get a credit of higher sum contingent upon your qualification, yet the most extreme sum for intrigue appropriation under CLSS that you will be qualified for would remain Rs. 9 lakhs under the MIG I class. Also, on the off chance that you decide to choose a more extended residency yet the sponsorship, you can benefit from will stay a limit of 20 years. Thus, regardless of whether you take credit of Rs. 10 lakhs for a residency of 30 years, you will be qualified for Rs. 9 lakhs for a long time. Furthermore, you will be charged Rs. 1 lakh at normal home advance rates on the rest of the advance sum for a period past 20 years (for example for the equalization 10 years).

How to profit PMAY sponsorship?

On the off chance that you need to guarantee sponsorship under PMAY – affordable housing scheme Gurgaon; your home advance more likely than not been affirmed on or after January 1, 2017, as this moderate lodging plan is legitimate till March 31, 2022, for EWS/LIG sections and March 31, 2020, for MIG fragments as it were. The endowment is given for the sake of your credit supplier; you don’t need to do it face to face. To guarantee the sponsorship, you should simply present a presentation, that must affirm your qualification by satisfying all the models. When you have effectively presented the application, your bank, or the loaning organization which you’ve applied for an advance will finish all the essential conventions and record for a sponsorship for your benefit. Presently, you simply must show restraint, the sponsorship sum will be consequently credited to your home advance record when the nodal organization, for example, the National Housing Bank supports your application.

To close, PMAY has made homeownership simpler and less expensive for first-time purchasers.

What is Carpet Area, Built-Up Area and Super Built-Up Area?

As a potential homebuyer, knowledge of the terminologies used by real estate agents is important, to avoid costly mistakes that might hamper your chances of getting a flat in Gurugram of your choice. Brokers and developers in India often use the terms like built-up area, carpet area and super built-up area, which made many of us log in to the internet to look up the definitions. As a matter of fact, some companies use the lack of knowledge of buyers to their advantage by charging higher prices. So, it is important to do some homework before you start looking to buy a house in Gurgaon. Here are the three commonly used jargons viz. the built-up area, the carpet area, and the super built-up area:

Carpet area

As the name suggests, a carpet area is a net area covered by a carpet. Technically, the carpet area is the net usable area measured wall to wall from its inner surfaces excluding the area covered by the external walls, balcony, or terrace. According to RERA (Real Estate Regulation and Development) Act guidelines, it is mandatory for developers – before selling the house – to disclose the carpet area of each apartment basis in which the sale price should be calculated.

Built-up area

The built-up area is the gross area which is the total of the carpet area, the thickness of walls, and the ducts of a flat in Gurugram. The area spanned by the terrace or balcony is also included in this. The build-up area can be 20-25 per more than the carpet area and it is also known as the plinth area. Although, it is to be noted that the percentage may vary with the builder or the project. To simply put it - Built-up area = Carpet area + Area of walls + Area of balcony & ducts.

Super built-up area

The super built-up area is the total sum of the built-up area and the space occupied by common areas like lobby, staircase, elevator, clubhouse, lift shafts, and corridor, proportionately divided among all flats. Mostly, builders charge homebuyers based on this area to cover their cost of construction. Thus, it is also known as the ‘saleable’ area.

Knowing these terminologies before purchasing an affordable property in Gurgaon or a flat in Gurugram will help you make an informed & sound decision.

Buying a home is one of the important and pivotal decisions we take in our lives. When we start looking for a house of our choice, we always consider the obvious costs. However, most of the times we tend to overlook or are unaware of certain costs that might become a hurdle in the path of buying a new home. These additional costs might hike the overall price for one leading to spending more than the planned budget. So, it is essential to know them before you sign the dotted line.

So, let’s take a look at some of these costs to prepare you better which are as follows:

Registration + Stamp Duty

Registration charges are the fees you pay to the state government to get a residential property in Gurgaon registered in your name. It will be a significant percentage of your allocated budget. Generally, the charges range from 5-7% of the value of your residential apartment in Gurgaon but each state has different stamp duty charges. Additionally, you will have to pay registration fees of around 1-2% of your property value.

Service Tax + VAT/GST

When you buy a new residential apartment in Gurgaon, these are additional charges that are incurred by you. You have to pay VAT/GST while buying an under-construction property. So, VAT/GST will be applicable, when a residential property in Gurgaon is sold from the seller to the buyer. Generally, it is 1-5.5% of the property value. Central Government also levies Service tax and the tax is applicable for under-construction properties, which is about 8-10% of the total property value.

Maintenance Deposit

In the upcoming societies and townships, Maintenance Deposit Advance is generally charged by the builders. However, in other societies, it is charged as a deposit by society members. The maintenance deposit is commonly used for the maintenance of the amenities in the project like gardens, clubhouse, and basic infrastructure facilities such as water supply, lighting, etc.

Parking Charges

Parking space charge is generally excluded in the original cost of the residential apartment in Gurgaon, and therefore in some societies, the parking space needs to be bought separately. However, the parking space cost depends on the size, its setup – if it is covered or open, and the location of the property. If you wish to let go of the parking space, the seller gets the right to sell it to another member of the society.

Make sure you are aware of all costs before you make a purchase to ensure that you are not taken by surprise later.

How to get a home loan faster?

Home loan applications and experiences differ from person to person; for some people, the process is extremely smooth and not so smooth for the rest. But there are some factors that bring around these different encounters. You need to keep in mind the fact that your eligibility for a home loan also can be enhanced with certain pre-meditated criteria. There are well-defined and logical criteria on the basis which your eligibility is decided and a loan is sanctioned. Hence, the actual test is getting your home loan application ready and sanctioning of the loan.

Here are a few suggestions to improve on your eligibility:

Your credit score

A credit score represents your debt-paying capacity on the basis of your historical dealings. It’s a 3-digit score calculated for the consumption of further lenders by agencies like CIBIL, who process all your past credits like how regularly were you paying them back or if you ever faltered, how many loans were accumulated. Things from as small as any business/home loans to your credit card monthly payment in the past are all taken into consideration while working this score out. By popular set standards, a score of 750 or above is said to be favorable while evaluating your application for a home loan. It also depends on each bank/NBFC as they might have their own criterion and there is no one standard rule to access your home loan application. What is usually advised, is to maintain a healthy debt to income ratio and also to pay your debts on time.

Buying a resale residential apartment?

For instance, if you are planning to buy a resale residential apartment for 60 Lakhs and you’re applying to get a 45 Lakhs loan, there is a good chance the bank might reject your application. This is because the bank might conclude that the residential apartment is worth only 50 Lakh after all. This might never be the case with a new flat being bought directly from the builder. Banks might have some reasonable offers for resale residential property, but there are chances that offer comes with higher down payments or granting shorter loan tenures. Additionally, the documentation might not come in very easily from the current owner.

The pre-owned residential property seems to be a bit too much trouble for buying a house and might have issues that you shall only discover as you move forward. Hence, to make your loan process simpler, it is always advisable to buy a new house.

Did you consider co-applicants?

To increase your loan eligibility, having co-applicants is always preferred because a new income is then added to the application which then increases your capacity of repayment. Additionally, this helps because when you are past your 40s/50s, you start planning your retirement and the tenure is shortening. The co-applicant can be your spouse or your earning children. Co-applying for a house with your wife increases your eligibility, you might also get some added advantages like lower interest rates and stamp duties.

South of Gurugram : Sohna is the centre of attraction for property seekers

The people who are fascinated by the megacity Gurugram and work there prefer to return to a calm neighborhood and a fresher environment. South of Gurugram in the foothills of Aravalis is welcoming them with open arms as living here is much healthier and rejuvenating than in Gurugram. In fact, even the South of Gurgaon is now home to World-Class Infrastructure & facilities. With the Delhi-Mumbai Industrial Corridor being constructed at the fastest pace Sohna and Manesar are going to be the new Job hubs.

Property buyers know that the property prices here for a 2 BHK are touching 70 lakhs and above but there is still an opportunity to get a luxurious independent floor apartment in much less than you are expecting with the brand name Signature Global. Under Deen Dayal Jan Awas Yojna in sector 36, Sohna Road, South of Gurugram Signature has an upcoming Project christened Signature Global Park 1 and 2. This Project offers 2 and 3 BHK low-rise premium floors with all the luxuries and amenities one desires.     

There are various reasons to book a property in Signature Global Park but the first and foremost is the Location. Sector 36 of South of Gurugram is right on the Sohna Road or as we must call it the Delhi-Mumbai Industrial Corridor main Highway.

Many Industries, MNC’s, commercial hubs, entertainment hubs are lining up around here. IMT Sohna and the world’s 2nd largest gold refinery by MMTC have been planned here. 3 theme hubs are also a part of the plan. Therefore the development is taking place at a fast pace in the greener surroundings of Sohna where one can book a 2BHK luxurious Floor in the starting amount of 37.90 lakhs.

Significance of Occupancy Certificate

When you go and see a house before buying it, your real estate agent or affordable home project builder tells you that they have received an occupancy certificate for the property or the home project, congratulations! This means that the property is reliable and approved by the governing authority. You can go on and purchase the home or property you’ve chosen.

After performing various checks, an occupancy certificate is issued by the concerned governing authorities on the request of an affordable housing project builder, certifying that the property is constructed as per the standards and by-laws specified by the authorities. The certificate is issued only after completion of a project or a building. The standards specified by the authorities are essential for your safety and comfort because they comprise checks on road clearances, fire safety, and other civic requirements.

An occupancy certificate further confirms that a property or home you’re buying has been constructed legally, and is fit to be occupied, proof of a valid occupancy certificate is necessary before you plan to move into a constructed property. There are no specific laws that state that while registering for a new property, it is mandatory to have the certificate in hand. Hence, most of the time, it happens that buyers are not even aware of the existence of such a certificate and more often than not, they end up taking buying without an occupancy certificate.

Unfortunately, there are many consequences of moving into a home without an occupancy certificate. Apart from the risk of not getting basic amenities, there is a danger of living in a home that has not been cleared of safety hazards. Any affordable home project builder who tries to sell you a home project otherwise is not looking for your best interests.

When you choose an affordable home project, make it one of the questions you ask. You can be rest assured – if the occupancy certificate has been obtained by your builder – the property you have chosen has passed all the safety measures and ready to move in. It’s your right to ask for an occupancy certificate and your builder or agent shouldn’t have any problem in giving you transparency concerning the importance of providing you with an occupancy certificate.

Haryana Housing Policy

To ensure maximum utilization of urban land, and for catering greater housing stock for the growing need, HUDA since 1983, has introduced the idea of Group Housing in its major Urban Estates. On one hand, affordable houses become a reality through multi-storied construction and increased FAR, on the other hand, a sense of community living is inculcated. So far HUDA has allotted around 800 acres land to registered Welfare Housing Organizations, Co-operative group housing societies, and Govt. Departments for their rental housing.

Now, the Haryana government has launched a detailed Haryana Affordable Housing Scheme namely, Housing for all-2018 for core areas of municipalities in Haryana like Gurugram, Faridabad, Sohna, Karnal and so on. Under the Haryana Affordable, Housing Scheme identified beneficiaries will also receive assistance from Central Government’s Pradhan Mantri Awas Yojna like subsidy and home loans.

The main aim of the Haryana housing scheme is to provide housing for all.

Feature of all the housing projects under the Haryana affordable housing scheme are as follows:

· The minimum density permitted is 850 persons per acre and the maximum can be up to 900 people per acre.

· Maximum Floor Area Ratio allowed under the scheme is 225.

· To promote community infrastructure like market, playschool, garden, etc., builders can use a maximum of 50% area for residential purposes with a 4% area for commercial use.

· To keep the area from cluttering, builders also have organized a minimum of 15% area from the net planned area to open spaces.

· To keep the density in check, flat must not be allotted to more than 5 people.

For the allotment procedure, first preference would be given to physically handicapped people, senior citizens, Scheduled Castes, Scheduled Tribes, other backward classes, minorities, single women, transgenders and other weaker and vulnerable sections of the society among the eligible beneficiaries of the same town identified in Affordable Housing Project under Housing for All-2018.

The second preference would be given to physically handicapped people, senior citizens, Scheduled Castes, Scheduled Tribes, other backward classes, minorities, single women, transgenders and other weaker and vulnerable sections of the society among the eligible beneficiaries of other towns identified in Affordable Housing Project under Hosing for All-2018. And third preference would be given to the eligible identified beneficiaries not included in the above categories.

Beat the heat this Summer in your Residential Flats

Summer is coming and the temperature is rising along with it guess what else is rising these days? Your electricity bills! Global warming and the A.C.s that are switched on through days and nights only make it worse, which has become one of the primary causes of these extreme conditions. You might choose to pack your bags and go out to the hill to spend your entire summer in the mountain bliss. But sadly, it’s going to help neither the heat nor your pockets. Alternatively, you can look at some of these effective yet inexpensive ways to keep your residential flats cooler this summer. You can try old-school tricks to beat the heat this summer.

Use Khus
Do you remember the desert coolers you used to use in your summer vacation? No, you don’t have to go and rebuy those. Khus which is used to make the sides of the coolers naturally tends to offer coolness when wet. You can use Khus and prepare makeshift curtains for windows and doorways of your residential flat. Yes, it might be a bit of an effort to keep them wet, but it’s a brilliant way to stop the heat from entering your residential flat and it is absolutely worth it.

Dehumidify your flat
With the invention of science and technology, it has become an irreplaceable part of our lives, in summers, you will find dehumidifiers all around you. They require to be plugged in with a source of electricity and they absorb humidity and make the air fresher. We have a better idea. Instead of using dehumidifiers, you can use some indoor plants that naturally dehumidifies your flat. For example, Reed Palm, Peace Lily, or even Boston Fern will not only absorb most of the humidity stuck inside your residential flat, at the same time provide you with more oxygen.

Treat the Roof
One of the primary reasons for your residential flat to heat up is because the roof imbibes a lot of heat from the sun and warms all your rooms. However, there is a remedy to counter this. Open all the water outlets on your roof and fill it up with water. And let the sun evaporate all the water on the roof, by doing so you can have some relaxing and cool hours and mitigate the intense heat. You can paint your rooftops with soda lime or Chuna to counter the heat. The white colour will absorb less heat compared to any other colour and keep the heat at bay.

Soak the Curtains
The idea behind soaked curtains is to cool down the breeze before it enters your residential flat so that the heat it brings along with it, does not get absorbed by the walls in the house. Firstly, use cotton or mulmul drapes instead of the heavy curtains to cover your doors and windows. With a bucket full of water, soak only the ends of the cotton curtain. The breeze turns much cooler when the water seeps through the hems of the curtain.

Turn Off
The most important of it all is to do away with the use of electronics or reduce as much as you possibly can. These appliances radiate heat that gets and transmitted which harms us silently. The motor gets heated even when you open and shut the refrigerator too many times which increases the load. Let’s keep most of the switches turned off as I keep my 2 BHK flat In Gurgaon darker.
No one can ignore the effects of global warming. Hence, we must do our bit and go natural. Here’s hoping our tricks cool you this summer!
Stay Cool. Stay Healthy!

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Booming need for affordable housing in India

The term affordable housing refers to residential housing units that are affordable and reasonably priced for those who fall under economically weaker section or middle-income groups. In a developing country like India, affordable housing is a boon for those who plan to buy a house. Affordable housing can accelerate the growth of fast-increasing Indian real estate market.

If the last five years have indicated something, it is that affordable housing in India has been the biggest contributor to home sales. Whether it’s metro cities like Delhi, Bangalore, Mumbai, or smaller cities like Indore, Bhopal, etc., affordable housing demand is on the rise since the past few years.
With the basic objective of affordable housing remaining the same, sellers and builders are targeting this section of the residential market. Keeping it as a priority, governments are also launching schemes and leaving no stones unturned to meet the goal ‘Housing for all’ by 2022.

Signature-Global-Orchard-Avenue-Affordable Housing

Housing for All’ by 2022 or Pradhan Mantri Awas Yojana (PMAY) in India
Launched in 2015 by the government of India which aims to provide 20 million affordable housing units for the low and middle-income group by March 31, 2022. It has two subsets:

• Pradhan Mantri Awas Yojana (Urban) (PMAY-U) for urban areas
• Pradhan Mantri Awaas Yojana (Gramin) (PMAY-G and also PMAY-R) for the rural area

Other aspects of the scheme include Saubhagya Yojana electricity connection, clean toilet, Ujjwala Yojana LPG gas connection, Jan Dhan banking facilities, access to drinking water and more.

Need for affordable housing in India
India, being one of the most populous countries in the world and its population growing at 1.3 per cent per annum, has paucity for housing. As estimated by Economic Times, India has a shortage of nearly 4 crore houses and is constantly increasing by 1 crore houses per year. This estimate highlights the importance of housing in India.
Migration is one of the causes which has made affordable housing all the more essential, affordable homes can cater to the needs of people. Tax relaxation of up to 100 per cent for developers on building affordable housing projects has also given an impetus to build more projects under this scheme, increasing the opportunity for more people to afford their homes.

Advantages of Affordable housing
As mentioned earlier, real estate developers are given incentives in many ways by the government of India, to build more and more affordable housing units. Government is also offering home loans at a low-interest rate with increased subsidies. If you’re working and have an annual income above the criteria set by the government, you can get up to 100% home loan with up to 20 years of payback time. Not only that, but the buyers, who fall under the scheme will also only have to pay just 1% GST on the purchase of a new house.

Future of Affordable Housing
Affordable housing has the potential to expedite the growth of the Indian economy by boosting real estate marketing and infrastructure. It also offers to generate capital investment up to Rs 1-1.25 lakh crore per annum incrementally. Not only that, but it also promises to increase employability by creating 27-34 million jobs and incentivizing the growth of GDP in a significant way. The affordable housing plays a significant role in boosting India’s economic growth. Employment and Housing are two of the major sectors hindering GDP growth. Affordable housing addresses both.

2 BHK Flats In Gurugram, becomes a reality with Orchard Avenue 2

Orchard Avenue 2, sector 93, Gurugram by Signature Global is a world-class residential project which amalgamates global standards and amenities. If you are on a lookout for a high standard and luxurious living, this residential project is your best bet. Being located at Sector-93 in Gurugram, it is one of those residential projects where you would be provided with a large number of amenities. The IGI airport is only a 15 minutes’ drive from here. The Dwarka Expressway is 1.5 km away from the Signature Orchard. It is also surrounded by luxurious projects like DLF New Town Height and Spaze Privy.

2-BHK-Flats-In-Gurgaon-Orchard-Avenue-2

What are the main highlights of this project?

Choose from various sizes of 2 BHK flats in Gurgaon in Orchard Avenue 2 with carpet area ranging from 539.384 sq. ft. to 577.112 sq. ft. The total project spans across 5 acres. This residential project comprises of 6 towers and the apartments within these towers are resplendent with all basic amenities. One of the major highlights of this residential project is that it offers good connectivity from all the major locations of Delhi and Gurgaon.

What are the major amenities available here?

Community hall, Jogging track, kids play area are some of the major amenities of this residential project. It is one of those residential projects which comes with a 50% open area. Orchard Avenue 2 residential project would entail you with a no-maintenance charge for five years. This residential project also comes with an opulent architecture. It also features exclusive open spaces for kids to play around.

What are the locational benefits here?

The location of Orchard Avenue 2 offers you with various benefits being situated at Sector 93 of New Gurgaon. The Signature Orchard is just 1.5 km away from the Dwarka Expressway. So, if you want to commute to work, there is no other better residential space as compared to this. It is also very close to NH-8. The proposed metro station is within walking distance. Besides that, this area comprises of some the best hospitals and schools.

2-BHK-Flats-In-Gurgram-Orchard-Avenue-2

What are the social amenities nearby?

One of the major highlights of this residential project lies in the fact that it has various social amenities around. With the Dwarka Expressway, you can easily travel to Delhi in a matter of just 10 minutes if you are in an emergency. Besides this, the project is near to various super-specialty hospitals. The area also boasts of good educational institutes. Thus this 2 BHK Flat in Gurugram is situated in a very tactical location. 

A note on the developer

This group is founded by a set of seasoned professionals with an aim to blend quality and global standards. This Group also showcases a profound experience in the real estate sector. They have always emphasized on customer delight and transparent ethics to build the very best of homes.

What are the USPs of this Haryana Affordable Housing project Gurugram?

· Power backup through solar cells

· Adequate parking space for 2 wheelers

· Separate Jogging track

· Amphitheatre

A note on the nearby commercial properties located nearby

The property from the house of Signature Global, a premium developer will have access to several social amenities. Some of the renowned malls like Eros City Square Mall; Sohna Omaxe Mall & Raheja Mall is located in close proximity. Vatika Business Park, Sector 48, Unitech Infospace, DLF One Horizon & Unitech Cyberspace are some of the popular business hubs close to the property. 

Leading hospitals that are close to the property include Park Hospital Sec 47, Medanta Medicity, Artemis Hospital, Fortis Memorial Research Institute, Apollo - The Cradle & so on.

What are the major amenities available here?

When an individual owns a retail shop at Signum 93, Gurugram in Orchard Avenue 2, he or she will be flooded with amenities. To thrive in business, the very first thing that any business owner notices is how convenient it is to reach the destination; as far as this property is concerned, this Haryana Affordable Housing Project Gurugram is strategically located.

There will be an uninterrupted power supply round the clock, power backup will be provided. Withdrawing cash both for the shop owners & the customers will be much easier as both the party can withdraw money from the ATMs that will be located inside the property when the need arises. Complete peace of mind is guaranteed to the shop owners as there will be 24*7 securities. The entire property will be under CCTV surveillance. Investing in this property will be indeed value for money. Thus Haryana Affordable Housing Gurgaon in the form of Orchard Avenue 2 by Signature Global exudes value for money.