Smart Cities and Real Estate- together towards a smarter India!

Smart cities are not a novel concept but what is quite interesting here is that any industry you pick is going to be significantly impacted by a smart city project. In other words, most industries are at the receiving end of the aftermaths of a planned smart city. However, there are a few industries, like real estate, that impact the development of smart cities as much as the other way around. A smart city is efficient and sustainable; in terms of infrastructure, data connectivity, connectivity etc. And real estate plays a pivotal role in making a smart city, smart.

Sustainable buildings are the need of the hour, and a smart city infrastructure would imply the most efficient waste management systems, minimal spend of perishable resources, recycling, smarter management of services and careful use of infrastructure. All of this while each and every device would be connected in real-time optimizing itself and producing humungous amounts of data for analysis and troubleshooting. How will real estate keep up?

Well, the RE industry has already taken several steps in this direction. But as much as the RE industry is changing the shapes of smart cities, the cities are changing the way we work and construct.
Here are some of the most significant changes brought about in the residential real estate industry-

The impact of data-

The increasing availability of data makes sure that the developer has better information about the project site, neighbourhood, water levels and other surroundings. This makes for much better-designed projects, a scientific approach to site selection and a smarter design that is inclusive of all parameters known. There can be data obtained about the underground water level and soil qualities, the number of footfalls in the past in that particular area and any possible shortcomings of the site that the developer or the purchaser should be aware of.

Growth beyond tier I cities-

As part of this smart city revolution, our Government has taken up other initiatives too like building Industrial Corridors connecting cities in order to enhance connectivity and transport of materials and finished products. This allows developers like us to have access to cost-effective raw materials and also opens plenty of doors to the development of tier 2 and tier 3 cities as a lot of industrial development shifts to these cities. The paucity of lands in metros has already been quite an issue, and we needed new horizons to explore.

Get smarter with technologies-

An unavoidable yet effective by-product of these initiatives is the overall exposure to technologies like Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML) and even Virtual Reality (VR). Developers will make investments in AI for better lead generations, align ourselves to various data centres and move to a more modern way of conducting business. At the same time, experiencing projects, the inclusion of VR games etc. helps us in replicating our vision of the project to the customers’. Needless to add, the latter part is already in full play as we speak.

A big step towards sustainable construction-

Smart cities also mean better water & traffic management, minimizing space utilization while maximizing experiences which is actually a choice today for developers. Smart cities will require smarter buildings as investors become more aware of the implications of their way of living. This also further boils down to the use of raw materials, use of transport, materials used for construction and methods deployed. In terms of the final buildings, smart ones will need to be energy-efficient and self-sustainable.

We, at Emaar, are nudging towards the big shift in the real estate industry and are doing our bit to minimize our carbon footprints. Are you?

Here’s how the need for sustainability is changing the real estate sector

When you think of the factors resulting in climate change/global warming, what comes to mind are issues like use of plastic, extinction of animals, pollutants in the sea, emissions etc; but did you know that the very building you reside in is also a very legitimately contributing to global warming? As per a 2017 study by United Nations Environment Programme, “Buildings and construction together account for 36% of global final energy use and 39% of Carbon Dioxide emissions”.

It is no wonder that developers around the world are aiming towards sustainable construction practices, including India. Buildings that use optimum use of the natural resources and are planned, constructed and designed in such a way that their eco system minimizes energy consumption throughout their lifetime are called Green Buildings. In short, an environmentally responsible building that is cost effective and resource efficient at the same time.

India has three predominant rating systems that rate the green buildings as per the initiatives taken- LEED (Leadership in Energy and Environmental Design), IGBC (Indian Green Building Council), and GRIHA (Green Rating for Integrated Habitat Assessment). These rating systems check how efficiently a green building uses the local resources, recycles, and how much reduction of power, water and waste materials has been made.

Here are a few sustainable construction practices largely used in our country-
Smart Designing Methods-
Provisions like rainwater harvesting, waste management, recycling etc. are included in the design of the building right from the most basic stage. Eventually, these even reduce the cost of the project. There is also Designing Insulation done for the project to prevent energy loss by using insulated material for construction. Reuse of water for irritation of the ecosystem and placement of the windows to reduce dependency on external sources of energy are also very effective.
Use of recycle raw material-
This includes using materials like bricks made of construction waste, using manufactured sand prepared from crushing granite stone, recycled metals like aluminium etc. These materials reduce corrosion of naturally existing minerals and elements and at the same time reduce the need for transport and help in save fuel/energy.
Indoor and Outdoor environment-
Developers have a lot of emphasis on open spaces and greenery around their projects to ensure the emissions are in check and the air qualities are better. Moreover, the maintenance of these green areas is ensured via recycled garbage and water and it is ensured that no extra water is wasted.

In India, the green building sector is expected to grow at 20% year on year. At Emaar India, we take this responsibility with utmost sincerity. The recently launched Emaar Digi Homes has obtained a GRIHA rating of 4 for the initiatives taken within the vicinity of the project. These initiatives include usage of Aluminium Formwork for construction, usage of reflective paints, harnessing solar energy, having a waste recycling system within the premises and using rainwater harvesting. The project is also designed in such a way that it harnesses the natural light and winds, to minimize the usage of external energy sources. Sustainability is a choice today, but we are inching towards a society when it will be a need and that time is almost upon us.

Sources-
https://www.greensutra.in/sustainable-construction-practices/
https://yourstory.com/2018/12/building-future-sustainable-construction-practices-need-hour

The Need for Green Buildings in India

TBI Blogs: Did You Know ‘Green Buildings’ Not Only Save Resources, but Also Boost Your Productivity?

5 mistakes to avoid when buying a house

Theoretically speaking, buying a house is one of the most fulfilling experiences on your life, but when it comes down to the practical aspects of it- it is exhausting, to say the least. There is a plethora of advice coming from every direction and it almost makes you giddy because it is a big decision and you wouldn’t want to make a mistake. Very understandable.

At Emaar India, we know that behind that moment of signing the sales deed, there have been years of hard work done to save money and millions of dreams invested by you and your family members. Hence, here are a few mistakes we suggest you avoid in the process-

Paying token before the home loan is approved

Yes, you might have checked your credit score and loan eligibility and you might be sure that your loan will go through without a glitch; but we suggest you wait till the paperwork is through. If you haven’t got a nod from the bank yet, it’s not a good idea to agree to book the flat/house. This goes for both the token amount and the brokerage.

Keeping the down payment conservative

Many of the home buyers rely on the fact that once the home loan goes through, you don’t have anything to worry about. Which is partly true, but you must always remember that along with the loan, comes the interest. And the interest paid is basically like paying a fee to the bank, hence, the more we minimize it, the better. So, when you are saving for the dream house, do factor in how much of that interest do you wish to pay. If you can increase the down payment and thus reduce the loan, better for you.

Rushing through the inspection

It is possible that the house you are considering has been recommended by someone known who happens to know the locality/building. Does that mean you take their word and do not inspect the house well? No! Please make sure every tap and every switch get inspected. Even with regard to the paperwork, it always helps to get a legal point of view.

Buying a second-hand property

Are you considering buying a second-hand house under the impression that it will be cheaper for you? Well, we have got some news for you. The thing about 2nd hand homes is that you can never know the entire history behind a house that has been lived in. For example, you won’t know if the walls have a water seepage issue or if the termites feast on the wardrobes every now and then. For all you know, you might spend more maintaining it than you did buying it. Moreover, even the home loan assessment process might get prolonged because assessing the value of the house becomes an issue.

Buying more than you can afford

Has it happened to you that you have set eyes on a property and fallen in love with it? Well, we suggest checking the price tag before you commit. We tend to think it is a one-time purchase and hence splurging is alright, but sadly you’d see the repercussions of this once the EMI burns a hole in your pockets. We are sure you have created an excel sheet of the cost-benefit analysis and it is always a good idea to just stick to that and not give in to the temptations.

5 monsoon weekend getaways from Gurugram

Sitting in the balcony with a simmering hot cup of tea munching on pakodas, watching the kids dance in muddy puddles, racing the paper boats or just soaking in the smell of rain; regardless of what your memories of the monsoon are, what the rains always bring along with them is pure joy. For a lot of us, monsoon is also the time to pack our bags and set out on those road trips that are unfiltered happiness. Very few things are as uplifting as the monsoon breeze on your face as you drive/ride along the newly washed roads.

Hence, to make your travel decisions easier, here is a round-up of 5 of the most inviting monsoon destinations-

Kasauli

We know Shimla might have been your obvious choice, but ditch the crowd we suggest and head to one of the most picturesque and colourful hill stations of north India- Kasauli. Around ~330 Km from Gurugram, Kasauli is still ripe with the colonial era influence in its architecture and has a massive old-town charm to it that leaves you smiling. Set out on a long walk across the town, taking in the beauty of the hills and laps of valleys while keeping an eye on the cozy little cafes all around town that serve scrumptious food.

Chakrata

Located at ~360 Km from Gurugram, Chakrata is an almost undiscovered gem. Go here to relax, wake up to the Himalayas, be surrounded by various shades of green while you read a book marvelling at the charm of the place. The place is perfect for early morning walks and a delight for photographers, with varied and beautiful varieties of birds flocking the place. The whole town is enveloped in Oak and Deodar trees and provides you with many sightseeing opportunities as well.

Lansdowne

If you are looking for some seclusion and romance, Landowne is your destination. Looking straight out of a movie set, the town used to be a British Cantonment. Around ~280 Km from Gurugram, the town is also famous for its many temples along with spectacular views of the mountains and towering Pine forests. Visit the ancient churches or go on a mountain trail, this town is sure to make you want to come back to the simplicity of it.

Jaipur

Jaipur is a very famous stop for shopping and if you were worried that summer would have been very hot, then now is the time to go! Look for one of the resorts to stay in, preferably built around the forests and have a unique stay experience. A bit too crowded otherwise, monsoon is a good season to go here to beat the crowd. Jaipur is gorgeous when it rains here, almost as if the city has paused for effect. An easy drive of ~235 Km, better shopping deals and inexpensive staying options- what more can you ask for?

Almora

Located at ~388 Km from Gurugram, Almora is one of those places that is getting transformed due to commercialization and at a rapid rate. But don’t be put off by the main markets, there’s much more to the town that what meets your eyes. A kind of panoramic view of the Himalayas that is breathtaking, intricately carved woodwork, and the green foliage enveloping you makes you stop and retrospect. It is the place that might just remind you of home, because of the warmth that it exudes.

So, what are you waiting for? Pick a destination and just drive around; who knows if in the process of finding a new destination, you might just find yourself!

5 reasons why you must think twice before investing in a resale property

If you are on a look out for a home to invest in, choosing between a brand-new apartment and a resale property is bound to plague your mind. Here’s some food for thought. The real estate industry in India is booming and is expected to contribute 13% to the country’s GDP in another 5-6 years. In 2018 alone, 75% more new house-launches took place when compared with 2017 (top 8 cities). Look around you and you shall find new constructions coming up like spring blooms! There are very few things more special than owning a brand-new home in all its glory of fresh paints, untouched interiors, no damages and an absolutely stunning feeling of being the first residents. New, in every sense of the word. What then, can be your reason for considering a resale property? A barely acknowledged fact but apart from the money, there are a host of other things that you are unknowingly bartering when buying a second-hand house. You do not want to end up with the loose end of the bargain.

Here, we list a few unforeseen issues that might crop up with your decision to buy a resale property-

Hidden costs- A previously lived-in property will always come with its own needs for touch-ups, maintenance and reconstructions of some parts. Rarely, can you find a place that fits into your specifications perfectly. Moreover, sellers might not always be completely honest about why they plan to sell a flat. Imagine being stuck with a resale house that has all the plumbing equipment faulty! In contrast, a new house shall be handed over to you absolutely hassle free. Even if there is a repair needed, you know who to hold accountable for it. In a resale flat, once the deal is closed, it becomes entirely your responsibility.

Legal implications- Firstly, every developer makes sure that the property is handed over to the customer with all the relevant documents like OC, CC, Sales deed etc in place. A resale property seller might or might not be so thorough with the legal documents attached to the house. Moreover, what if the seller has not paid his maintenance amount for months? Or worse, what if there is a legal case involving the property you are purchasing? In any case, the background check of the seller shall cost you a good amount of money and precious time.

Home loan- A new house allows you a home loan tenure of 20-30 years depending upon your eligibility. However, with a resale property, the older the house the lesser becomes the tenure and the more become the EMIs. Over and above this, if the resale property is already under a loan, it might be an added hassle have the home-loan transferred.

Brokerage- With a new house, the brokerage can be completely avoidable since you can close the deal with the developer himself. However, inevitably a resale property comes with the burden of paying a brokerage which is not a small sum of money by any standard.

Resale Value- Just like a car, the resale value of a house goes down almost immediately after its sale. Hence with a resale house, you might be buying a property which might not fetch you the greatest of returns in the coming years. Moreover, the house might have been bought at a time when the loan interest rates were higher and hence that additional cost might be woven up with the cost of the house causing it to inflate.

In the current digital age where all the developers have become quite transparent about their dealing with the customers, there is little or no reason to buy a resale property in an area where a brand-new flat is readily available. For instance, our project Mohali Hills has brand new inventory that can be readily possessed instead of investing in a resale deal in the same project. It is after all the decision of the buyer where he/she wants to spend the hard-earned money but, in the end, we request you to sit back and review your decision before taking the plunge. Will the bargain be worth the additional life-long troubles that tag along?

Sources-

https://www.ibef.org/industry/real-estate-india.aspx

https://www.financialexpress.com/money/new-home-vs-resale-home-which-one-to-buy/1229564/

Your easy document checklist before the new flat possession

YOUR EASY DOCUMENT CHECKLIST BEFORE THE NEW FLAT POSSESSION

The ingredients to your perfect new abode are dreams, aspirations, square feet, EMIs and a lot of paperwork. Try as you might to romanticize this process of selecting your beautiful habitat, there will be a new set of documents each time to bring you back to reality. A necessity. The sought-after documents, deeds and certificates are the bridge between you and the builder, after all.

We, at Emaar India, stand for transparency. What you see, is what you pay for, is what you get! We do understand that the documentation part can be slightly intimidating. But we are determined to help you take the DIY route to this hurdle! Does it bother you that the documents you have checked are not enough? Well, it won’t, going further.

Let us decode the documentation mystery for you. Below listed are the documents you absolutely must check before the possession of the new house-

Mother Deed

This is the mother of all documents entailing the chain of ownership of the house. Yes, you ought to check your name on it; but you also need to check the seller’s name on it, amongst other things. It needs to be made sure that the seller is the current legal owner of that property. This is especially crucial in the case of resale of a property.

Sanctioned Building Plan

The licensing authority has approved a building plan of the house/society, inevitably. Let’s grab that to check if the houses are in tandem with the approved plan. If not, do make sure to ask for the amendment of layout approval.

Tax Receipt

Yes, taxes! This one’s tricky though. Guess who is supposed to pay a penalty if the tax has not been paid? You, the buyer. Hence make sure all taxes are paid and receipts submitted to you.

Encumbrance Certificate

This is a declaration issued by the sub-registrar about any kind of loans/mortgages the property might be due for. If your house has been built on a loan, you have the right to know how much.

Completion/ Occupancy Certificate

While the former is self-explanatorily issued by the municipal authorities to declare that project completed; the latter is a certificate issued by the government deeming the property safe for residency.

Power of Attorney

The legalities of it aside, we must know whether the person selling the house is allowed to sell the property or no. A POA signifies that. Also, a POA is required for further selling/transferring of the property.

There, a complete checklist at your fingertips. It is usually the buyer’s responsibility to take a safe handover of the property. What if we tell you, at Emaar India, we take this load off your shoulders? Read it right! Come visit us at Palm Heights, a beautiful array of dream homes overlooking the Aravallis at sector 77, Gurugram. We make the transfer our own responsibility so that buying your own home remains the beautiful experience that it is supposed to be. Come be a part of this luxury!

 

Is Gurgaon The Right Place To Book Your Dream Home?

IS GURGAON THE RIGHT PLACE TO BOOK YOUR DREAM HOME

Gurgaon—or Gurugram, which is its new official name—is a satellite city in the National Capital Region. Known for its world-class infrastructure and noteworthy real estate projects, Gurgaon is a popular investment destination among resident Indians as well as NRIs.

If you’re looking for affordable residential projects that offer seamless connectivity to Delhi, then Dwarka Expressway is the perfect place to explore. With smooth traffic conditions and excellent connectivity to the business hubs of Gurgaon, Dwarka Expressway makes for a lucrative realty investment destination.

Here’s why Dwarka Expressway in Gurgaon makes for the perfect place for your dream home.

1.Excellent connectivity:

Dwarka Expressway is a strategic location in NCR for more reasons than one. A National Highway in its own right, the area also shares excellent connectivity with NH8 (Delhi-Jaipur Highway). Indira Gandhi International Airport is easily accessible from here, while the Gurgaon Railway Station is about 11 km away. The locality also shares excellent connectivity with both Gurgaon and Delhi via road, rail and the metro, and is dotted with a range of civic amenities.

2.Employment hub:

Dwarka Expressway shares excellent connectivity to the biggest employment hubs in Gurgaon. When it comes to the corporate and tech world, Gurgaon is one of the most preferred commercial localities for such companies. From tech giants like Facebook and Google to new-age companies like Zomato, PayTM, MakeMyTrip and Uber, Gurgaon is one of the top destinations for the country’s best employment opportunities. Reliance-HSIIDC SEZ and Garhi Harsaru Dry Depot are among the employment hubs around Dwarka Expressway.

3.Civic amenities:

The area around Dwarka Expressway is equipped with a wide range of civic amenities, including reputed schools like Indus Valley Public School, Basant Valley Public School, Matrikiran High School, KIIT and IILM Undergraduate College. Some reputed hospitals in the area are Kamla Hospital, Dr Guri Skin Hospital, Family Multispeciality Hospital, Jain Sant Phool Chand Ji Charitable Hospital and Gautam Hospital.

Dwarka Expressway shares excellent connectivity to the reputed institutions in Gurgaon that include 6 leading management schools, more than 50 CBSE-affiliated schools and over 195 government-certified schools and educational institutions, like The Shri Ram School, Ardee World School and Pathways World School. Medanta Medicity, Paras Hospital, Artemis, Fortis, Columbia Asia and Max Hospital are the leading hospitals in Gurgaon.

4.Entertainment & lifestyle infrastructure:

From luxury hotels, shopping malls, artisanal cafés, pubs, clubs and fine dining restaurants, to well-maintained public parks, gymnasiums and entertainment zones, Dwarka Expressway offers you easy access to all these fine amenities in Gurgaon.

Looking to invest in a residential apartment in Gurgaon? Discover your dream home at Gurgaon Greens, a premium residential project by Emaar India.

Grow Your Greens At Home

Creating something always brings joy and a sense of accomplishment. It can be through a piece of art, a tasty dish or even a beautiful kitchen garden. Self-made kitchen gardens is the topic of discussion out there these days. All it takes to make a successful kitchen garden is some enthusiasm, some preparation and a whole lot of you.

First-of-all, let us list down what all you need to start your own vegetable garden. So go ahead and discover the perfect kitchen garden recipe.

 

Step 1: Pick your green corner

Zeroing on the location of your kitchen garden comes first. Choose the one that’s close to a water source and offers generous amount of sunlight. While most vegetables need 4-6 hours of light, anything over 6 hours makes it an ideal location. But for the place that gets 4 hours or less, salad gardening is a great alternative. If your balcony faces south or west, fruiting plants is the best option as these two directions get maximum exposure to the Sun. North-facing balconies get a good sunbath only during peak summers and are hence, a great option for planting salads and leafy greens. In case, you have lesser floor space, container gardening is a great way to grow salads as they can easily be hung in the balcony. A container of about 12” in diameter and 10-12” in height with 8-10 liters of potting medium is perfect to grow salads or leafy greens and can easily accommodate about 3 plants.

 

Step 2: Measure the space

Well, 10 square feet of space is enough to have a garden with a little variety. If you don’t have the luxury of space, container gardening is the best alternative, as mentioned above.

 

Step 3: Think of the vegetables you want to grow

We know you are already counting but specialists suggest that it’s always best to start small. The simplest way is to think about things your family members like to eat. But you are not yet done. Knowing how long a vegetable will take to harvest is equally important. Going for the short-term vegetables is a wise thing to do if you are a beginner. These include spinach, fenugreek, coriander, mint, lettuce and radish. However, if you think you can let your taste buds wait a little longer, tomatoes, brinjal, capsicum, chilli, cauliflower and cabbage are some of the commonly preferred long-term greens.

 

Step 4: Picking the right soil

Please ensure that if you are growing plants on the ground, the soil you use should be free from any debris or stones. However, it doesn’t matter when going for container gardening.

 

Step 5: Set your budget

Your kitchen garden’s produce highly depends upon your budget. The cost depends on the kind of set-up you want, ranging from mere nothing to several thousands. A container filled with potting mix can cost you anything between Rs.200 to Rs.400 depending on the quality of the container and the mix you buy.

 

Step 6: Gather all that you need

Containers

While Terracotta is an eco-friendly and also the most popular choice among gardening lovers, you can always go for a plastic or a wooden planter box if you find the former a bit too heavy. Just remember, the container should have at least one hole for easy drainage.

Seeds/Seedlings

Two types of seeds are available in the market – open pollinated and hybrid. While the former give rise to the plants and give you the advantage of saving seeds for the next crop, the latter can’t be saved since the offspring is not the same as the parent plant.

Potting Mix

Mixing coco peat and compost in equal proportions can give you an ideal potting mix with good hold and sufficient nutrition.

Fertilizers

While there are different types of fertilizers available in both organic as well as synthetic categories, we suggest you go for the organic ones only. Vermicom post, manure and kitchen waste are popular forms of organic fertilizers.

Step 7: Know the set-up procedure!

Sowing

There’s only one thumb rule – the seeds need to buried twice as deep as they are wide and as soon as they germinate, they need to be exposed to sunlight or they will become tall and lanky. Note that what seeds are to be sown depends on the location and time of the year.

Transplanting

Some plants can directly be sown in their final growing area, whereas certain plants have to be transplanted from one location to another. This is done for various reasons. For larger areas, it is easier to grow seedlings in one area and transplant healthy seedlings over a larger area when they are ready.

Staking/ Pruning

Taller plants have a tendency to bend or fall. Hence, a twine or a long stick is used to hold the plant in its position. If it’s a climber, creating a set structure is a common practice used which helps the plant to spread and sprawl.

 

Step 8: Nurture it every day!

Watering

Do it every day. Do it in the morning. And till the water drains from the bottom of the container. Properly watered plants can surprise you with their growth.

Fertilizing

Just like us, the plants need their daily diet of nutrients. A handful of compost or manure every 10-15 days will keep the soil healthy.

Pest Control

Even the pests love a nice vegetable garden. The most common ones are Aphids, Mealy Bugs, Mites and Worms. Mix 10ml of neem oil, 1 liter of water and 5 ml of liquid dish-washing soap. Spray this solution on both sides of the leaves once a week. Besides, a little daily scouting to look for holes and cuts will help you identify the pest attack and act promptly.

 

Happy gardening!

 

From Influencers to decision makers- shifting roles for women in real estate!

Did you know, more than 30% of real estate investors in urban India today, are women? Gone are the Dark Ages of men riding the silver horse to come to the rescue of the damsel. Today’s woman is independent and looks more for companionship than support. We agree there is still a long way to go for the society to entirely change its view about women, but if the above-said number is anything to go by; we are certainly getting there sooner!

Buying a house of your own has always been a decision driven by patriarchy but these women home buyers of today have their reasons, and EMIs sorted. They are not afraid and nor are the men standing tall behind these women! Also, what helps is that the Indian Government has spearheaded a lot of policy changes that work in favour of the women who buy homes, in recent times. If that piqued your interest, below are the details-

Subsidized stamp duty-

Certain states in India have lowered the stamp duty for women home buyers to as low as 1-2%. What’s more? You can even claim the stamp duty and registration expense when filing your income tax return! Emaar India’s presence across the country accentuates the discount on stamp duty. Our properties in Mohali and Gurugram will fetch a woman home buyer 4% charges on stamp duty vis a vis 6% for men.

 Tax-related advantages-

If a woman co-owns a property with her partner, both the co-owners can claim a tax deduction up to Rs 1.5 Lakh on the principal amount and Rs 2 Lakh on the interest.  Further, it enhances your credit rating because you are applying as a combined entity. To know more about how to financially plan your first real estate investment, visit us here.

The banks chip-in-

A lot of banks in India that delve in home-loan provisioning have announced lower interest rates for women investors as compared to men. It does feel like a flock of supporters wanting the women to rise up to the occasion. Banks like HDFC provide an interest rate* in the range of 8.8 to 9.3% on a loan of Rs 30 Lakh and above to a woman, whereas the same for a man is 8.85% to 9.35%. Similar for SBI where women get 8.75% as compared to 8.8% for men (on a loan to value ratio <=80). The interest rates may show a variance starting from 0.05%.

Housing for All-

And the last straw is, of course, our Government’s Pradhan Mantri Awaas Yojana. It makes it mandatory for a female member of the family to co-own the house along with the male member, under the affordable housing schemes. Co-owing a house implies your loan eligibility increases, you can share the loan repayment responsibilities and avail better tax benefits as stated above. More importantly, if not done at the time of buying the house, you can always legally add a co-owner later by either selling a portion of your property to him/her or by gifting it.

So, what is stopping you from buying a home of your own? Provided that your monthly rents will be in tune with the EMIs (after possession) that you shall pay, women must certainly consider having an abode of their own. As more men continue to buy real estate on the merit of the women in the family, it not only creates a healthy mix of investments but also takes the weight of dependency off the women.

Emaar India firmly believes in and lauds the courage and strength of women. We have created a custom curated checklist for the first-time home buyer to make the path simpler for you. Emaar India’s projects are gender independent when they are planned and we aim to create a friendly habitat for the buyer irrespective of it being a man or a woman. We expect to see a pleasant rise in the number of women home buyers and we shall proudly stand beside them to help turn their dreams into realities!

*The interest rates mentioned are as on 7th Mar’19

Design recipes served hot

The source of your family’s health and freshness can’t be dull and drab. So, whether you are doing the kitchen of your new abode or just freshening up your existing kitchen, allow us to read out the menu for you compiled by some of the best interior designers around the globe.

Pretty Pastels

Pastels are a great way to inject some life into your cooking space especially when you are going for contrasts. And if you are trying to create individuality without going too bold, pastels make ideal partners for wood effect finishes. They also act as a perfect highlighter if you want to bring out a certain feature of your kitchen.

 

Hardworking Islands

If you are lucky to have a good spacious kitchen, it has to have an island. Go for breakfast bar seating if you wish to incorporate your dining also into the kitchen area. Moreover, add a small sink or hob to it and look forward to some great cooking time together.

 

Trough Sink

For the avid entertainer you are, a multifunctional trough sink is the perfect addition to the kitchen. Use it for chilling your oysters, champagne, growing herbs or just as a traditional sink. But it’s a must have if you want to add that “wow factor” to your home.

 

Living Walls  

Planning to have a garden just outside your kitchen? Why not bring it in? With botanicals trending for last few years now, having a feature-wall made from moss is the next big thing. A simple way for a striking visual effect, natural moss also offers great acoustic absorption.

 

Unpolished Timbers

From statement wall veneers to unique cabinetry and shelving, unpolished timbers add texture and intrigue to your kitchen. And are on top of the list of interior decorators for 2018.

 

Appliance Garage

Who says only your luxury sedan deserves one? Embrace the minimalist trend with this smart storage idea and keep your toasters and coffee makers off the shelf to reduce counter clutter.

 

Personalized Tiles

Yes, there are color tools online that allow you to choose from hundreds of patterns and palettes custom create your kitchen tiles. Once you order, the designs are delivered to you in less than 2 months.

 

Handles Are Back

Before you freeze that linear ‘handle-less door’ look, the designers have a news for you – handles are back. Ornate handles on modern cabinets and bright coppers or rose golds against shaker-style drawers are going to be seen in interior magazines for some good time now. Go a step further and you may also find matching accessories and appliances instead of the monotonous steel.

While there’s lot more you can do with your kitchen, do what brings out your personal style the best possible way. Hope you got some thought starters!