4 Reasons Why Buying A Home In Karnal, Sector 35 Is A Wise Option

Karnal, the land that breathes of mythology, culture and beauty of India. With the affordable housing rising high in the real estate industry, there are tons of affordable residential projects coming up in the city. Before talking of Karnal, it is a mandate to talk about what affordable housing means.

Affordable housing refers to those housing units that can be bought by those sections of the society whose income lies below the median income of the population of India.

Thus, now that you know what affordable housing means, you may also be interested to know why are we focusing on Sector 35 when we are talking about Karnal. Karnal is said to be the land of Karna - the eldest son of Kunti and Sun God, from the greatest Indian epic, The Mahabharata. Even though it brings back the roots of our culture, it is also known to be the birthplace of many of our Indian jewels like Kalpana Chawla, Sakshi Malik and many more.

So, enough of affordable housing and Karnal, it is high time we talk about why to choose Sector 35 above all other ones when buying a home. Even though we have a list that is endless, here are the major four reasons why -

A. Nature Calling!

If you are someone who finds his/her peace in the beauty of nature, then you are just in the right place. With beautiful and lush green trees, gardens that have so many kinds of plants and flowers, this sector has it all. They say green areas clear the air for you, so why not opt for a place that offers fresh air to breathe and stay in?

B. Hassle-free Education

Karnal lies in the heart of Haryana. Even though the state is still in its developing stage, sector 35 is that one area where you would want to live for the advantage of best schools and institutes lie in close proximity here. So, be it education or aspiring for a good career, this area just has it all.

C. Health Is Cared For

They say, “Health is wealth”, which is so true. Without good health, one can neither focus nor succeed. But when talking of this residential area, this has been taken care of, too. There are many world-class medical centers and hospitals that lie in close proximity to this area, offering some of the best medical and hospitality services to look for. Hence, if you are concerned about the unsaid emergencies that take place or might take place in your family, investing in this area for your home can be a boon for you.

D. Entertainment Is Important

After a long day from work, or maybe even after having a long week that is filled with pressure, you may feel tired and plain too. Having some or maybe every sort of entertainment you want is something that you might seek for. With areas like sector 35 in Karnal, the problem is considered solved already! The Karnal Lake lies in close proximity if you wish to go for stillness and peace of mind. If it is your pampering day, then maybe the Kitten Salon & Spa would be a great option to opt for.

Hence, there are several other reasons why going for affordable residential projects in Sector 35, of Karnal is a good idea. But here is the thing, it is you who needs to finally decide the basic parameters for the selection of your home. If you were in two minds about going for Karnal as your residing area, I think the doubts would have been clear by now. Live in beauty, live in happiness, live in Karnal!

5 Best Reasons Why Pradhan Mantri Awas Yojana Is The New Hype

The Pradhan Mantri Awas Yojana is one of the best schemes that are on the hype these days, especially in the real estate industry. With the affordable housing sector that enlightens it, even more, it is high time that you should now make your wise investment of money in the realty sector. Before we jump on to the reasons, let’s just brush up on the introduction to these, first.

Affordable housing, as popularly defined, refers to a particular number of housing units that can be purchased by that section of the society, whose income lies below the median level of the country.

Pradhan Mantri Awas Yojana (PMAY), on the other hand, refers to a scheme introduced by the government of India, introduced under the “Housing for All by 2022”, to provide affordable homes to the Middle Income Groups (MIG), Lower Income Groups (LIG) and the Economically Weaker Sections (EWS) of the society who are homeless in both the rural and urban areas of the country.

So, now that we know what are the topics that we are going to actually talk upon, we must also know why is the investment made here, comparatively a better option for all. Therefore, from the numerous benefits provided, here the top five that need a special mention:

A. Subsidies Provided

The Lower Income Groups, as well as the Economically Weaker Sections of the society, are actually provided a subsidy, that ranges from Rs. 1,00,000 to 2,30,000. This, not just makes it easier for them to buy homes but ensures an action taken towards the problem of homelessness cropping up in our country.

B. Low-Interest Rates

The Pradhan Mantri Awas Yojana brings with it a promise of a considerable decline in the interest rates. If you have availed a loan under this scheme for an amount of up to Rs. 600,000, the actual interest rate to be applied would be 6.5% defying the current market rate of 10.5%. This would end up in reducing the amount for the monthly or yearly installments.

C. Females Preferred

There is a preference given to females, which means that now, even women can have a property or a home in their name without having to enter into major lawful technicalities. In simple words, females would be given a preference over the males, giving a boost to the idea of women empowerment.

D. Choice of Floors

If you are looking for flats that exist on the ground floor, be it for a senior citizen or for someone who is disabled physically to make it to the other higher floors, even that is a benefit as the scheme takes these minor things on for a higher consideration when going for allotment.

E. Environment-Friendly

The housing projects that are being made under this scheme are the ones that have to strictly follow certain regulations mentioned by the government, one of them is following environment-friendly techniques. Hence, these affordable housing projects are built by taking a proper concern towards the environmental factors.

Thus, if you are someone who has been looking for investing money into the real estate industry, the time is right because this scheme under the affordable housing sector not just offers a judicious use of money, but is also working hard towards a cause, that has long gone unnoticed. With more and more affordable housing projects coming under this scheme, it is only easing the initiatives taken by the government of India to actually work towards the problems caused by liberalization, privatization and globalization as a whole. Thus, go for PMAY, choose wisely and stay at ease for the future of your investment.

Signature Global is one of the acing real estate leaders in the affordable housing sector. With luxurious infrastructure and latest technological advancements, it offers people their dream homes with new and perfect craftsmanship. Some of its best projects include:

The Serenas, Sector 36, Gurugram

Andour Heights, Sector 71, Gurugram.

The Millennia, Sector 37D, Gurugram.Orchard Avenue, Sector 93, Gurugram.

5 Amazing Facts About Gurugram That Only Its Residents Would Know

Gurugram, earlier known as Gurgaon, is surprisingly, one of the most well-developed areas of the Delhi NCR region. Be it the residential areas, or the workplaces, this place is making its residents proud enough to live here, all their lives.

Gurgaon is one of the most hawked areas for real estate developers and investors. With affordable housing standing high in the realty industry, it is the hub for most of the upcoming residential projects in this sector. By affordable housing, we generally mean those housing units that can be bought by that particular section of the society, whose income lies below the median level of income of the nation.

Apart from the most repeated ones, here are some best facts about Gurugram that only the residential citizens know:

A.History Calling! : Gurugram is a historic city. It is said to be the famous village of Guru Dronacharya, the teacher in the most well known mythological epic - Mahabharata. He was known to teach in this city. Well, now so modern and groomed, it still holds the hearts of many citizens who feel a connection here, with their culture.

B.Natural Paradise: The nature has been very very kind in this city. With the lush green cover, this area can always be called a natural paradise. The sectors 36, 37D, 71, 93 and so many more are just the right examples for proving my fact right. If you are a nature lover and wish to reside in an area that remains far from the daily hustle of the city, you must know just where to find your home now.

C.Connectivity At Its Best: Not every area near the capital city can offer an effective way of commuting. Gurgaon is one of those rare areas, that offers its residents a great comfort of commuting to Delhi - the nation’s capital. So, I’m sure, that with the wide roads, beautiful highways and even the ease of metro facilities offered, you must be proud of living in a city that ensures your comfort of traveling in every manner possible.

D.Your Career On The Rise: Now, when the career prospects are looked upon, this area has it all! Be it IMT Manesar that stands in close proximity, or some of the best schools and coaching centers that exist close by, if you are a parent, a guardian or even an aspiring student who resides in Gurgaon, I am sure you are the one who can relate to it in the best way!

E. Entertainment, Entertainment, Entertainment!: I do not think that this point even needs my calling! Entertainment, nightlife and theatre is something that Gurgaon aces in. With the Ambience Mall, that stands as the largest mall in our country; Kingdom of Dreams, the entertainment hub of this city and so many more places that offer you a sense of relaxation, amazement and happiness all at one go! Now despite these places, there are places like Appu Ghar, Oyster Water Park, offer your family a fun time altogether!

Now that you know all the wow facts about Gurgaon, the best among them all is that it offers a feeling of security to all its residents. With the most updated technology being used in building the residential areas, it also tends to offer a 24*7 watchfulness to safeguard the lifestyle of its people. Though a city that exists in the NCR region, it is an area that offers pride and prestige to the people living out there. So, if you are a resident and are already reading this, I am sure you must have felt a rush of happiness flowing within you. If you are someone who is looking for a home, I would suggest, make Gurgaon your dream city to reside in.

Signature Global is one of the leading and successful giants of the real estate industry that specializes its projects in affordable housing. It aims to provide luxury to its citizens at the best and affordable prices. Some of its best residential projects include:

Andour Heights, Sector 71, Gurugram

The Serenas, Sector 36, Gurugram

The Millennia, Sector 37D, Gurugram

The Orchard Avenue, Sector 93, Gurugram and many more.

Know 5 Best Ways To Invest Wisely In Commercial Real Estate Projects

The real estate industry is growing rapidly - both in the residential and commercial projects that stand today. The working place of yours is a place where you spend almost thirty percent of your day and we are here to make sure that it is a good one, after all! However, if you are an investor who plans on putting your hard-earned money into commercial realty, here are some tips that may be of good help to make your investment, a wise one:

A. Location: It may sound very obvious and let me tell you, it is. Unless you gain a thorough knowledge of the location, it is never a good thing to invest your money with it. Commercial properties are meant to provide returns through two main avenues— rent and capital appreciation, are supposed to be the most basic ones to know about. Places where the vacancies exist, but less than five percent should be your ideal choice because it means that the supply is checked on a regular basis and the tenants are probably reluctant to vacate, which would ultimately lead to high rents as well as capital appreciation. A location that has a high percentage of vacancy, gives the tenants an option to move and renegotiate the rents.

B. Quality: Two buildings alike, may coexist or be in the same location, but the one that speaks of better quality than the other, will always get the first preference. It will also tend to attract qualitative tenants. Thus, it will then fetch the investor rent benefits, better tenant retention and a much higher capital appreciation. Tenants from different nations are people who show a sense of willingness to pay a good amount for quality.

C. Demand & Supply: One of the first things that a savvy investor has to analyze before making a commitment to buy a commercial property. Every city has different and its own micro-markets. Each micro-market has a different stock (i.e., the amount of office that has already been completed and leased) as well as the upcoming supply. The annual demand is also published on a regular basis by the most eminent brokers.

D.Security Deposits: The security deposits in the commercial properties vary between the monthly deposits of 10-12 months. Be cautious when a particular tenant offers for 6 months or even less, it may signify that they may be looking for a short-term option or may also have cash flow discrepancies. Start-ups typically ask for lesser deposits and even shorter lock-ins.

E. Diversification: It is a stated and known fact that diversification reduces the risk involved. It is especially true in the real estate that is involved in commercial projects. If you are investing your savings in a single property, you are bound to get exposed to higher risk. In any case, if the tenant vacates, the rents will come to a halt while maintaining the payments, property taxes and other miscellaneous payments that need to be paid. An investment in multiple properties across the cities will lessen the variance in income by the diversification at property level risk.

Thus, being an investor isn’t bad at all, but being a wise one is the best that you could be and maybe, you should be. Vaishali can be talked of when talking about commercial property as it is an area that has a good scope of growth and development. It is one of those areas that offer the best interests to any commercial realty investor. Hence, knowing when, where and how to invest is something that you gain expertise in, over a span of time.

Signature Global is a real estate giant that works highly on the affordable housing sector, focusing on the developing areas of Delhi NCR, Gurgaon and Karnal. It aims to provide the combination of luxury and affordability to its buyers at the most economical prices. Some of its best projects include:

The Serenas, Sector 36, Gurugram.

The Millennia, Sector 37D, Gurugram.

The Roselia, Sector 95, Gurugram.

The Orchard Avenue, Sector 71, Gurugram.

5 Things To Remember When Buying Flats In Gurgaon

Affordable Housing Scheme is the hot topic of interest today, among the people of Delhi. Before going further, it’s better to have a close look into the scheme for a clear understanding of what you are going to read about, further.

Affordable Housing, as popularly defined, refers to the number of housing units available for purchase by that particular section of the society, whose income lies below the median income of the country’s population. The prices of these are supposed to be such, that the target population need not spend more than thirty percent of their income.

Gurgaon, the city of growth, present in the Delhi NCR region. With the biggest of metropolitan cities opting for this housing scheme, Gurgaon isn’t far behind as well. However, as uncle Ben said in Spider-man, “With great power, comes great responsibility”, here are some things that you should remember when you are planning to invest in Gurgaon for your home - 

A. Area: The whole of Gurgaon is huge. So, knowing your personal choice beforehand is very important. Suppose, you are a nature lover and would want those lush green surroundings, peaceful environment and other things, then Sector 79 might be apt for you. Similarly, if you are more into working in an MNC and would want your workplace to be nearby your residence, then maybe sector 37 is your area of investment.

B. Budget: Not having a crunch on your pocket is a boon for life. Hence, if money isn’t a factor of concern for you, then Sector 36 would give you the combination of beauty as well as luxury. However, if you are into those financial constraints, having a planned budget is very important or else, the last minute problems or high rates on registration can be a troublemaker during the investing procedures.

C. Research: Research is something that needs high attention when it comes to a city like Gurgaon. It is because the options available are many, the constraints on them vary from area to area and lastly, it is all a personal choice of taste and preferences as well. You never know when the photos would suddenly seem uninteresting, or maybe a new option could seem way better than another, hence, research is important.

D. Size: The size of the flat matters, depending on the size of your family. Suppose you live in a joint family, then you might end up looking for a bigger flat like a 3BHK or a 4BHK one. Similarly, if your family is small or nuclear in nature, then you are more likely to opt for a 2BHK or even a 1BHK flat for your ideal residence.

E. Amenities: The facilities available in the area of your residence matters a lot, as it is one of the basic reasons of your sustenance. Be it the sanitation, commuting or entertainment, each of them have their own benefits which are necessary for survival.

Hence, Gurgaon is the hub for every kind of need and want of humankind. Delhi NCR is one of the most renowned areas of development and Gurgaon is the most talked about area here. If you have plans to reside here, it can be considered as a good choice. With premier educational institutes and industrial hubs, broad roads and highways, shopping malls and theatre, its beauty is unique in its own way. Hence, after considering the aforesaid factors, living in Gurgaon is beautiful and exciting in its own unique way. Affordability along with reliability is the most unique combination ever.

Signature Global is a leading real estate company in the affordable housing sector, aiming to redefine the current conventions of Indian real estate development by achieving excellence in delivering the best of their projects like:

1.The Millennia, Sector 37D, Gurugram

2.The Serenas, Sector 36, Gurugram

3.The Orchard Avenue, Sector 93, Gurugram

4.Andour Heights, Sector 71, Gurugram

And many more.

5 Precautions to Take When Buying a New House

“Home is where you feel loved, appreciated and safe” – Trace Taylor. 

Buying a house is an important decision since it involves huge investments, financial planning and certainly a lot of time on your schedule. Although it can be said that a small proportion of the population can buy a house at the drop of a hat, the major other half still depends on loans to work for their dreams. 

While most consumers rely on existing reputation of the builder, a well organized paperwork should be the foremost criterion to make a purchase. Customers should ensure completion of essential paperwork before an investment is made. Additionally, it is important to check the builder’s credibility on different forums. A proper background check, credentials and an excellent portfolio can help the process. 

Here are the 5 things that need to be taken care of before buying a house: -

The Title Deed 

It is of prime importance to review the title deed of the property. The deed will not only give the consumers clarity about the pros and cons of the property but will also help them understand the actual scenario, be it – ownership, sale or transfer of ownership rights. This deed will also clarify on any existing litigation concerning the property.

Review the documents properly

It is important to know whether or not the builder has all the permissions to begin with. Several government approvals are required for construction projects. In order to avoid any legal future constraints, everything should be verified and approved. No objection certificates from different departments like the - Storm Water and Drain Department, Forest Department, Traffic and Coordination Department, Environment Department and others must be checked. 

Certificate of Encumbrance

Encumbrance certificate (EC) ensures that there is complete ownership of the property without any monetary or legal liability. It is the most important document used for property transactions and house loan requests. You must check if the property is free from any legal dues. 

Know the Layout Plans

With real estate scams cropping up, one must look into the layout plan before investing. Review the documents and check if they have been approved by the respective authorities. Insisting on having a look at the occupancy certificate proves that you are well aware and willing to take further action. 

Verify the Purchase Agreement

A purchase agreement comprises of payment details, construction specifics, deadlines and other terms and conditions for both the parties to adhere to. This agreement legally binds the buyer and the seller and no action that is outside the purview of the agreement can be taken without further notice. It is mandatory that you read the terms of service carefully before an approval. This sets the foundation of a new house. 

Signature Global is a real estate company with a global outlook. Led by a highly-qualified team of Board-of-Directors, it is a brand that stands for the three R’s- Reality, Reliability and Responsibility. The team experience for industry insights allows the company to discover new opportunities and strive for excellent growth. The projects have extensively covered Gurugram, Karnal and Ghaziabad and have given a new foundation to some of the leading corporate houses. Some of their successfully completed projects include: - 

1. Solera Complex (Solera2 Sector 107, Gurugram).

2. The Roselia (Sctor 95A, Gurugram).

3. Synera (Sector 81, NH8, Gurugram).

4. The Serenas (Sector 36, South of Gurugram), and many more.

5 Reasons Why Affordable Housing Is The Game Changer Of Indian Economy

Affordable Housing, as popularly defined by the realty experts, is the housing units affordable by that particular section of the society whose income lies below the median income of the total economy.

Ever since affordable housing came into picture and went on a rising trend since 2016, there have been a lot of ups and downs that it went through. However, it still managed to stay in the game and is now considered the game changer of not just the real estate industry but the Indian economy as well. Here are the reasons why:

A. Growing Population: Despite the Indian population growing at a very high rate - ( approximately around 2.1 percent each year, since 2015), it has managed to cater the housing needs of almost all kinds of groups - be it the lower income groups or the middle-income groups. Despite the surge and the changing trends of the real estate industry, it has managed to fulfill the demands of almost every section of the society.

B. Incentives: The Indian Government has also been supportive of this scheme and has shown it through its incentives offered in different ways. Be it the budget allocation provided for infrastructure, or the increment in the allocation for Pradhan Mantri Awas Yojana (PMAY) scheme to Rs. 23,000 crore; Be it the Goods & Service Tax (GST) slashed down from 12 to 8 percent, or the introduction of tax-free bonds by the Housing and Urban Corporation, this sector has been supported as it was seen as a ray of hope to uplift the real estate industry.

C. Policies: With Foreign Direct Investments (FDI) opening up and paving the way for townships, built-up infrastructure and any construction development, the India government has also drafted policies like the public-private partnership that allows extension of around 2.50 lakhs of central assistance to every house built by the private builders on private lands. With the 2018-19 budget also having affordable housing on its list, it has managed to be the new face of a change of the economy.

D. Challenges: A lot of challenges were faced by this sector - like not having a clean and proper policy framework or a system to work with, having to meet targets that are too ambiguous in nature, too many financial problems to meet the latest infrastructure upgradation and many more, thus leading to an environment which isn’t healthy or inhabitable to survive in.

E. Availability: There also existed problems like little or no availability of land suitable for construction and building purposes, delayed approvals from the official departments, delayed work synchronization between developers, promoters, etc thus giving many challenges to pave the way for pulling down the development and scope of affordable housing.

Despite all the ups and downs, be it big or small, affordable housing has survived and gone through all, thriving high with success and facing all challenges with unique solutions, affordable housing can be known as the game changer of not just the real estate industry but also the Indian economy. With a high scope for the lower and middle sections of the society, this scheme aims to fulfill the housing needs of the Indian society at large. In the years to come, affordable housing has the ability to develop and build a nation that has housing for all - making the rural and urban population come at par.

Signature Global is one of the leading competitors in the real estate industry. It aims to promote the scheme of affordable housing through its projects which are built under the Pradhan Mantri Awas Yojana. With perfect infrastructure and great architectural skills, it builds homes in the National Capital Region areas like Gurugram and other areas like Karnal.

Some of its projects are, namely:

1. Solera 2 Sector 107, Gurugram

2. The Millennia Sector 37D

3. The Roselia, Sector 95A, Gurugram

4. The Roselia2, Sector 95A, Gurugram

5. Grand Iva, Sector 103, Gurugram

6. Orchard Avenue, Sector 93, Gurugram