Considering investing in real estate:

Buying your first apartment will be the most expensive thing you have ever spent your money on. It is not something you go to the shopping mall and spend a hundred or a thousand dollars, when buying an apartment you will be spending about thousands of dollars. You need to think carefully and make every move right. A small wrong move can result in a disaster.

Things you need to look into before investing in your first apartment:

There are certain things you need to ponder on and decide about when buying your first apartment. Some of these things include-

• Decide about the area or the place you want to live in. There are different parts of a city. But only some of them will be suitable for you. Where you can fit in and really feel like in home. With a good neighbourhood a positive energy charges in making your everyday good.
• Look around the place; see if everything is nearby like grocery shops, multiplex, public transport is nearby. Search for parks where you can go for a walk and take a chill. Stay out of the hassle life you are leading and breathe the fresh air in.
• Buying the type of apartment is totally on you, if you are on your own. If you are saver than you can just buy an apartment of low cost that is under your budget and you can save money for some other things.
• Look out for loan officers who will suggest you what kind of an apartment you should buy. He will ask about your income and bank transactions and see if you are eligible for a mortgage loan. If you have a partner then you should look into things that can benefit you and your partner’s future. That means future proofing your family and children. If you live alone than you buy an affordable apartment that is well under your budget, so that you can travel without the tension of any valuable thing getting stole from you.
• Make a wish list and give it to the agent that will make things easier for him to find the right type of house for you which are affordable as he will know the market very well. You should look like a buyer who is looking for an apartment, not some seller as you will not be the one who will pay the agent, the seller who is selling the property will.
• You need to estimate the total cost you need to pay at that moment. Buyers often are shocked after hearing the price, there’s not only the down payment, and you need to pay more than that. Actually 10% percent of that price if it is necessary.
• See what the ongoing costs are. Take a look at the previous homeowner’s utility bills, taxes, repair bills, insurance and bills for services like disposal of trash.

These are all the right decisions you need to make before you go and buy a new apartment for yourself.

Vasavi Builders are one of the best builders in Bangalore, selling apartments at affordable price. If you are looking for apartments in Bangalore within 30 lakhs, then only VB is the option. VB have apartments in E.city Phase 1 and KR Puram.

For Projects details visit
Electronic city Phase 1: vasavibuilders.com/flats-for-sale-in-electronic-city-phase-1/
KR Puram: vasavibuilders.com/flats-for-sale-in-kr-puram/

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Market research:

You should ensure that you get apartment that fits your budget. You should get the value for your money side by side. For this, you can contact your local real estate agents. You can also check with local newspaper daily for recent sales of this type in areas. Do not forget to look as many apartments in that area before you decide on anything. Stay away from blindly relying on advice from the developer or any kind of agent.

Property location and age:

The property must be located at such a place that it shall be easy reach to city, restaurants, schools, hospitals and other utility stores. While planning to buy an apartment you should look to it that your property location is not in a remote area. It should also not have much distance from or to your workplace. If you are buying an older building make sure you consider the age of building. Thoroughly check whether the building needs any repair.

Appreciation value and maintenance charge:

Calculate the value of appreciation in past before you buy the apartment. For example, calculate increase in property value from last two or three years. Ensure that there is some scope of better appreciation in future sale. In apartment there will be cost or fee for maintenance of amenities and facilities available in the apartment. In most case, apartment owners form an association of apartment owners and association will take care of maintenance of apartment and its amenities. Usually the more the number of flats in an apartment, the less will be maintenance charges. Maintenance cost includes water taxes, electricity, lift, lighting, security fees available for common area etc.

Drainage system and amenities:

Most of the apartment gets flooded during rain. This mainly happens due to the lack of proper drainage system in that building. So, before you are selecting your apartment you should always check for the drainage system available in the apartment. You can go on to check the neighborhood too. Before you select an apartment, you need to check the amenities available in the apartment. The maintenance charge will increase with amenities such as multi-specialty gym, garden, park, swimming pool etc but basic amenities such as water supply, electricity supply and security should be made available.

Expert advice is needed if you are new to real estate business or if you are not sure of how to go about things for investing or property buying. Today there are number of experts who help you with this. So consider them to transact property buying or selling. You can seek online help too. Look at Vastu also. If you are don’t know about Vastu then read this article “IMPORTANT ELEMENTS OF VASTU“.

Vasavi Builders are one of the top residential builders in Electronic city, South Bangalore. If you are looking for flats for sale in E.city Phase 1, consult Vasavi Builders. Till now 8 apartments projects constructed by Vasavi Builders in this location. With this confidence, Now launched new project called ” Vasavi Tejus” in same location. Its a ready occupy flats. call on 90 191 22000 for more details about flats availability. For more budget apartments in Bangalore visit below pages:

Flats in Bangalore between 30 to 40 lakhs: http://vasavibuilders.com/flats-for-sale-in-bangalore-within-30-to-40-lakhs/

Flats in Bangalore between 40 to 50 lakhs: http://vasavibuilders.com/flats-for-sale-in-bangalore-within-40-to-50-lakhs/

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Why is Vastu Shastra Important?

Here’s a list on why you need Vastu Shastra in your life.

1. Comfort: This is the core benefit of Vastu Shastra. It is the human experience to go through pain and loss. Dealing with it is not always easy and this is where the ancient wisdom of Vastu comes into play. They offer mental support and comfort for those who are going through trouble in their lives.
2. Strength: Vastu is all about strength. It offers us strength and calm to go through everyday life. It is there for us in our failures and motivates us to keep on keeping on. It channelizes the physical strength to strengthen mental strength.
3. Inner realisation: Vastu encourages people to look within. People are very impressionable by the physical world around them and strong structures help people add structure to their inner life as well. It provides a sense of peace. In order for one to create a strong inner space it is important to have an outer space that can support this.
4. Easy to implement: Vastu is actually based on solid ancient science for effective use of space. It allows maximum amount of positive sprits to flow within the structures. Hence this is one of the core reasons why good Vastu leads to a good loifestyle.
5. Best use of space: The basic philosophy of Vastu is for creating good, compact well used space. When positions of rooms and spaces are placed according to Vastu you can rest assured that they are utilised to their maximum capacity, heavily drawing from the natural elements around it.
6. Personality enhancer: Good Vastu has the potential to allow a person to take full advantage of the strengths that are naturally present within them and to infuse their personalities with peace and confidence. These are extremely attractive qualities that draw people inwards.
7. Use for Spiritual Knowledge: Followers of good Vastu Shastra are instantly drawn to other interests of spiritual knowledge and feelings as well. It helps people channelize something much deeper within themselves. It helps them open their inner eyes to the human truths of life, death, birth, rebirth, etc. Indeed these are the core pillars for self-knowledge.
8. Greater mental peace and skill: Vastu is based on evoking the five elements to provide a clean organised living space. This always naturally leads to an organised mind. These enhance the mental skills of a person living in that space to a very large extent. It promotes happiness, contentment and peace. These are the elements required to have a well enlightened min d. A clutter free mind promises to provide energy, calm and will to go have the ability to go through all the tasks for the day and days to come with ease and peace.

Truly, Vastu Shastra can change your life.

Vasavi Builders are providing affordable flats in Electronic city phase 1 with full Vastu. If you are looking for flats in Bangalore within 30lakhs or 40lakhs, then Vasavi Builders are one of the best choices.

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What Is The Bill (Real Estate)?

The core objective of the bill is to increase accountability of real estate agents to the actual stake holders. It will provide protection for the common consumers and house hunters, many of whom are duped by unscrupulous builders. The new amendments proposes that every builder or property developer will have to register at the regional real estate regulatory body before being able to sell any land, plot, house or apartment. They will have to provide extensive details of the promoters, land status, layout plans and approvals, projected schedules and all such documents to the regional real estate regulatory body for approval. This will greatly increase transparency on the part of the builders and any unexpected deviations will be fined and penalised.

Why Should NRIs Pay Attention?

Sadly, some of the worst victims of these duping by builders are NRIs who are not present in the country. Before, the clarity and Memorandum of understanding was unfairly tipped towards the builder’s favour. Hence, NRIs suffered many unexpected problems like hiked costs and unaccounted for delays. The NRI had no way to seek recourse from a regulatory body over these problems. Their only option was complaining to the Indian court, which is world known for being slowest in processing cases.

However, with the new body, things are sure to dramatically change as people will always be able to keep track of the latest status of the project online and have the ability to register complaints to the concerned regulatory body for malpractice without having to come to India.

Of course this is not only a benefit to only NRIs. This increase in accountability is will be reflected in minimised delays of projects as well. Additionally, 50% of the customer’s investment is mandatorily put in an escrow account to be used exclusively for construction.

Finally, one of the best new amendments is that no new changes can be introduced to the plan of the project or the structural design of the project without the consent of at least two thirds of buyers. Disappointment in the final product after enthusiastically signing up for the original plan was a very common complaint from NRIs.

In conclusion, this bill is really going to change the landscape of how people invest in real estate. People can trust the market more as well with the regulatory body acting as an easy check. The easy resolution of all these issues is what makes this bill so revolutionary. While all Indians will benefit from this, it is the NRIs who have a large demand for spaces back home who can appreciate it most.

Vasavi Builders are providing affordable flats in Electronic city phase 1. Vasavi Builders completed 8 apartments projects in this location and planning to kick start another 3 projects. You are a NRI and If you are looking for flats in Bangalore within 30 lakhs, then only Vasavi Builders can provide quality flats within in this budget.

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What is a khata?

Khata is one of the most important legal documentation owned by the Karnataka Government. The khata consists of a number of details on a property. Some of the minute details enlisted in the khata are-

• Name of the Owner
• Number of the plot
• Location of the plot
• Area and size of the plot or the building
• The number of floors
• The day of establishment
• The day of completion, and a lot more.

These details are of optimum importance when filing for property tax. Hence, the khata is basically a document that licences the property and announces it as eligible to pay tax. Having the property name enlisted in the khata, ensures the fact that the owner of the property is liable to pay taxes to the BBMP and also that their property is an authentic construction. There are mainly two types of khata, Khata A and Khata B and both of them have their unique significances.

Khata A & B:

Lately there has been a huge confusion regarding the significance of the two khatas and also the similarities and differences between the two. The Khata A is mainly the khata that is being talked about till now. It is mainly a register that contains the names and details of licensed properties and their tax details. On the other hand the Khata B is the register of properties that are outstanding on their taxes and are yet to receive their khata certificate, legal status or the khata extract.

The two elements of Khata A:

There are two elements of khata, these are-

       – The Khata Certificate:

The Khata Certificate is basically a document that a property owner requires to register his/her property or transfer the ownership of the property from one owner to the other. In order to make a request for the khata certificate the owner of the property needs to write a letter to the BBMP and also attach their latest paid tax receipt to it. These documents need to be submitted with the board along with a standard cost of Rs. 25 for each property they submit the letter for. It is this licence or certificate issues by Khata that will enable the property owners to apply for water and electricity connections or for that matter getting their hands on a commercial licence.

      – The Khata Extract:

The Khata Extract is the document that contains all the details regarding the property, some of which have been mentioned above.

Vasavi Builders are one of the prominent builders in Electronic city, Bengaluru. If you are looking for A Khata flats in Electronic city Phase 1, then Vasavi Builders are one of the best choice.

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White for purity

White is always known for purity and peace. Also as per interior decorators if you have a small area, then you should color the walls with white because it makes the area look spacious. The color white if is applied on the walls of drawing room; it reflects very positive vibes that is very much required for a place that welcomes people inside the house.

Red for energy

Red is normally avoided by very people but the fact is that this particular shade can add on energy and enthusiasm to your personality. Mainly red can be used in the walls of the kitchen, or a room where you work out or perform activities such as dance or sports. Also if seen from the interior decorating point of view, if you paint the entrance wall of your house with the color red, then it reflects a beautiful shade in dim light during the nights.

Blue for calm

Have you ever noticed that the blue sea is absolutely calm and quite at its depth? This is the reason blue is connected with calmness. Add this color to your bedroom, or study room, and you will feel the calm and sober environment that is required. You can also use this color also in your bathroom or in the places like dining area and others.

Yellow for joy

If you do not wish to use the color white and at the same time you want your room to look spacious, then yellow is the next color that you can use. Yellow connects you to joy and hence this can be the perfect color to use in your kid’s room. Also if you want to paint the wall of your kid’s room with some designs, then you can keep yellow as the base color.

Green for freshness

Green is a color that brings in freshness and calm and hence you can use this color in any of your rooms from kitchen to drawing room to bedroom and even bathrooms. Also this color comes in variety of shades that can make your walls look classy and trendy.

Apart from these colors there are many more others colors that can adore your walls with impacts on your personality. For example, the color orange can invoke vibrancy in you and purple is for elegance and cheerfulness.

Vasavi Builders are offering flats for sale in Electronic city Phase 1, with your choice of colors. You can choose your favorite color for your flat walls.

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