Monday, March 23, 2015


Foyer should not be treated as a sterile room meant just for dumping stuff like umbrellas and shoes and receiving salesmen and tradesmen. Make this place, a place ofwarrnth and comfort, so that it can be used for a chat with friends when the living room is already occupied by another set of visitors or guests. Foyer should give the feeling of the design scheme of the house and should be dramatic, utilitarian and welcoming. It should occupy just about one fourth of the living room space. A7 feet by 10 feet space can make for an ideal foyer. Even linear spaces do well as foyers, provided the ceiling is low. The ceiling height may be artificially reduced to about seven feet and use the hidden ceiling space as a hidden storage area.

In foyer, because of space constraints, furniture happens to be the most important decorating tool. The basic furniture you need here are the shoe rack, a covered hander stand where you could hang rain coats, umbrellas, caps and your kids' muddy sports paraphernalia, and a narrow couch to receive visitors, and a small comer table. So make sure the furniture here is finished artificially. Even a shoe rack can be made interesting by incorporating funky colors or designer finishes or with carved and crafted antiquarian finishes. Give the furniture here longitudinal lines so that they blend with the linear space of foyers.

In foyer, color plays an important role because of the space constraints. Go for rich and deep shades on the walls only if there are plenty of windows in the foyer. Otherwise, it is advisable to stick to light shades as dark shades tend to scale down the volume of the space. If the other rooms are visible from the foyer, use shades that complement the colors inside the rooms. Paintings and wall hangings, like masks, do well as they occupy minimum space and also give the visitors something to focus on while they wait. Likewise, foliage plants in a corner can be a warm and inexpensive accessory in the foyer and add life to the space. Make the utilitarian stuff itself an accessory. For instance, you can cut out the carpet or the rubber mat that you place in the foyer in interesting shapes or personalize the door with a quaint hand made door-knocker to add an element of design. You might also hang a mirror on your foyer as wall mirrors tend to enlarge the volume of the space. In addition, as you rush out of the house, you can look at your image and confirm that you are dressed up properly. Subdued lighting rather than light from a fluorescent lamp works well in a foyer.

As for the floors are concerned, wooden floors of light shades are preferable. Opt for white or light shades of marble or the vitrified tiles. Even a well-ground white mosaic floor can do well.


Friday, March 20, 2015


It would not be that easy to let out the property and stay free from litigation unless there exists a properly drafted rental agreement. Therefore, it is better to know the salient features of the rental agreements before any property are let out.Rental agreements in the legal terminology are known as Lease Agreements. The person who transfers the property is called the ‘Lessor’, and the person who accepts the transfer of property is called the ‘Lessee’.

According to section 105 of the Transfer of Property Act, a lease is defined as “A lease of immovable property is a transfer of the right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of the price paid or promised, of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions   to the transferor by the transferee, who accepts the transfer on such terms”.In short, a lease is a transfer of a right to enjoy the property of the lesssor by the lessee for a certain time, during which period the lessee is put in possession of the property upon payment of lease money or rent. 

Elements of a good lease
The essential elements of a lease are (1) parties, (2) subject matter, (3) the terms and (4) the consideration or rent.A lease transaction involves  commitments  by both the landlord and the tenant  which are  complimentary to each other,the landlord agreeing to let out his accommodation to the tenant in consideration of the latter paying him the rent and  the tenant agreeing to pay to landlord the rents in consideration of the landlord allowing him to use the leased premises. A lease is that form of encumbrance which consists of a right to the possession and use of property owned by some other person.It is the outcome of the separation of ownership and possession.

A tenancy is created not only by an express contract but also by implication by the conduct of parties.  Acceptance of rent by the landlord clearly establishes a tenancy. A lease of immovable property may be affected either by a registered instrument or by unregistered instrument.  However, in cases where the lease is from year to year or for any term exceeding one year or reserving a yearly rent the lease agreements are to be made only by a registered instrument [Sec.107 of T.P.Act] and the lease agreements for a period less than one year do not require registration.  Applicable stamp duty for lease agreements of a period of less than one year is Rs.50/-[Rupees fifty only].

It is a common practice to terminate the lease agreement at the end of every eleventh month and  enter into a fresh Lease Agreement since if the rent is paid on yearly basis or if the period of lease exceeds one year, then it is mandatory to register the lease agreement. The practice of termination of lease agreements at the end of eleventh month and entering into new lease agreement is adopted generally to avoid payment of stamp duty and registration charges on such lease agreements.

An agreement of lease should be drafted carefully and properly to protect the rights of both the parties and to avoid any misunderstanding in the future. It should be fair to both the Lessor (landlord) and the Lessee (tenant). It should mention the parties to the deed, the description of the property being transferred, the duration of the lease, the monthly rent payable, the date of payment of the monthly rent; the clause for enhancement of rent on renewal of the lease period. The amount of interest-free refundable security deposit, penalty clauses in case of rent default, liability of the Lessee for damages to the property and the fixtures and fittings, notice period in case of early termination of lease; the date of commencement of lease and the date of expiry of lease; the notice period and manner in which the notice will have to be served must also be mentioned.

Obligations of the Lessor
The first and foremost duty of the lessor is to abide by the terms of the  lease agreement in letter and spirit and  to ensure that the  lessee is allowed to enjoy the leased premises without any interference from any unlawful person.  He shall have to ensure that all the basic and civic amenities are provided to the leased premises.  It is the responsibility of the lessor to carry out major repairs to the leased property to make it habitable and pay municipal and other taxes due on the property. The Lessor should ensure that the leased premises is not used for any immoral or unlawful purposes nor allow storing of any hazardous and inflammable materials like explosives etc.

Lessor shall issue receipts for the earnest money deposit and the rents received by him in respect of the leased property. The lessor shall refund the security deposit received from the Lessee when once the lease has come to end.  He shall not unfairly make deductions while refunding the security deposit on ground of repair to the damages caused by the lessee. Lessor is bound to disclose to the lessee any material defect in property, with reference to its intended use, of which the former is and latter is not aware, and which the latter could not with ordinary care discover. Lessor is also bound on the Lessee’s request to put him in possession of the property.

Obligations of the Lessee
During subsistence of the lease, the Lessee has a right to enjoy the leased premises without any interference from the Lessor or by any person on his behalf. The Lessee shall pay to the Lessor the monthly rent for the leased premises on the agreed date.  He shall also pay the electricity and water bills on or before due dates to the concerned authorities and furnish a copy of the receipt received by him from such authorities to the Lessor for his records. The Lessee shall always keep Lessor informed about the additions or alterations that the leased premises may require enabling the Lessor to attend to such work. The lessee shall not make any structural alterations to the premises or cause damages to fixtures and fittings during the subsistence of the lease.  The lessee is under a legal obligation not to use the leased premises for immoral or illegal purposes nor for storing the hazardous and inflammable materials like explosives, etc.

The lessee is under obligation to use the leased premises for self use and not to sub-let the same unless the lease agreement has a provision for sub-letting. He shall not cause any nuisance to the co-tenants; maintain the premises in a habitable condition, and on completion of the lease period, hand over the premises to the landlord without creating any nuisance, upon receipt of the earnest money deposit from the Lessor. If the Lessor neglects to make any repairs, within reasonable time after notice, the lessee may make the same himself and deduct the expense of such repairs with interest from the rent, or otherwise recover it from the Lessor. If the Lessee becomes aware of any proceeding to recover the property or any encroachment or any interference with the Lessor’s right concerning such property, he is bound to give, with reasonable diligence, notice thereof to the Lessor.

General grievance
The following grievances are generally encountered by the Lessee and the Lessor and an effective and properly drafted Lease Agreement shall contain penal clauses for failure to adhere by the parties to the terms and conditions of the agreement:

Non-refund of security deposit
Some of the Lessors (landlords), for obvious reasons, fail to pay back the security deposit to the Lessees (tenants) at the time of termination of lease agreement or make unreasonable deductions from the security deposit. Generally, the landlords who mainly depend upon the rental income and who would have utilized the security deposit for their personal needs fail to refund the security deposit as per agreement. Thus, when the tenant issues notice indicating his intention of vacating the leased premises or when the lease comes to an end, such landlords would start dodging till they get the security deposit from a new tenant. It is the common practice that tenants prefer to continue to occupy the leased premises till they receive back the security deposit fearing losing of security deposit once they have vacated the leased premises. In the absence of payment of monthly rent by the tenant during this period, the landlords resort to adjust the same against the security deposit and till the security deposit becomes nil. 

Non-vacating the premises by the tenant
It is not uncommon that the tenants continue to occupy the leased premises even after the lapse of the lease period on some pretext or the other.  Upon failure of the persuasive method adopted by the landlord to make the tenant vacate the leased premises the landlords, in many cases, take coercive action to get their leased premises vacated.

Thus, non-fulfillment of obligation by the landlord and the tenant would lead to uncalled for misunderstanding between the landlord and the tenant and would make sore the relationship between them, ending up in prolonged and uncalled for litigation.

Need for amicable settlement
All said and done, problems do crop up even when the lease agreements clearly spell out the rights, duties and obligations of the Lessor and Lessee since it is not possible to change the mindset of any person.However, what is needed is to adopt “give and take” policy by both the Lessor and Lessee and part over a friendly note instead of litigating the matter on the philosophy of “live and let others live”.

It is advisable for the landlords who intend to let out their property to take the help of an experienced advocate in property

Monday, March 16, 2015

Adarsh Citrine 2BHK & 3BHK Apartments for sale in JP Nagar, Bangalore

2BHK & 3BHK Apartments for sale in JP Nagar, Bangalore at Adarsh Citrine


A home more than a sanctuary, It is a place that begins where the rest of the world ends. Its is a place where words come easy, and laughter, without inhibition. Even breathing becomes a little easier. Because your home is your world.

Adarsh Citrine offers homes that exude exclusivity. With only 64 apartments, at Citrine, you will find a home that is truly your own. Spread over just 4 floors, Ctrine offers 2 BHK and 3 BHK homes, with a luxury that only a privileged few can aspire. A community that brings with it the comfort of familiar faces, neighbours who recognise you, and the delight of camaraderie.

Adarsh Citrine is an amalgamation of beauty and exclusivity, an island at the heart of South Bangalore with green environs nad the close proximity of Puttenahalli Lake.

2 BHK  : 83 lacs onwards
3 BHK  : 1.12 Cr. onwards
Area range         : 1335 sq.ft - 2225 sq.ft
Address             : # 54, Aravind Layout, Silver Oak Street, 
Vinayaka Nagar, JP Nagar 7th Phase, 
Bengaluru- 560 078
Nearby Vicinity  : Near Mahack Super Market


Community Hall

There are various modes for transfer of property like sale, gift, and mortgage; similarly one of the modes is exchange of properties, which is a species of transfer of property akin to the barter system which use to be a common mode of carrying out day to day commercial transactions.

In barter system movable and immovable properties are exchanged based on the requirements of both the transacting individual. For example a cow was exchange for food grains, spices was traded for gold and so on and so forth.

Section 118 of Transfer of Property Act deals with Exchange, which is defined as a transaction where two persons mutually transfer the ownership of one thing, for the ownership of another. The definition encompasses the exchange of both movable and immovable and the only condition being that one of the two properties to be exchanged should not be for money.

To simply define, it is a mutual grant of equal interest, the one in consideration of the other.  Exchange is different from sale. Section 54 of the of property deals with sale, which is defined as transfer of ownership in exchange for a price paid, part paid or part promised.  The word “price” is defined in sale of goods act as money consideration.  As for as exchange; the money cannot be transferred, for any other property.  Thus the distinguishing factor is the mode of payment of consideration, i.e., money in the case of sale where as in case of exchange, it is paid in kind. Out concern at present is exchange of one immovable property with another immovable property.  If the values of both properties are not equal, then the difference in the value has to be paid by money.

Section 119 of the Transfer of property provides for remedy for defective titles of the properties in exchange.  For example A and B exchange properties later on ‘A’ finds that the title of the property received from B is defective. The ‘B’ is bound to make good the loss suffered by ‘A’, even if ‘A’ so desires to return the property received from ‘A’ canceling the exchange transaction.  This liability extends to the legal heirs of B and also to the transferees, who have received the property exchanged without monetary consideration like Gift.  However, the liability does not bind the bonafide purchaser. The procedure is similar to that of sale, where first an agreement of exchange is drawn.  Section 120 of the Transfer of property provides that each party to the deal has rights and liabilities as that of seller as to what he give and that of purchaser as to what he takes.  Thus the rights and liabilities of the seller and purchaser as dealt in section 54 and 55 of transfer of property act will apply subject to the terms of agreement of exchange.

The transaction is complete only, when mutual delivery of possession of respective properties is completed as evidenced by deed of exchange. When a party to an exchange has not been put in possession of the property, which he is entitled; then he is entitled for a return of the property transferred by him provided the property is still in possession of the other party or his legal representatives or a transferee without consideration.

Registration of Exchange Deed is compulsory and the stamp duty and registration changes are as per the respective State laws.  In Karnataka exchange of property attracts stamp duty as that of conveyance based on the market value of the property with the greater value amongst the two properties, which are the subject matter of exchange.

Saturday, March 14, 2015


Promoters by their shrewd planning contribute sky scrapers with attractive elevations to the city's face lift. Hence they are playing the leading role of building a 'Global city'. But the sad part is that the Government machineries are not equipped to develop the city and take it to the status of a 'Global City'. The Government boasts of providing quality infrastructure every time to a city. However, the quality of the infrastructure provided by the Government is such that a good road turns into a bad road within a couple of month. In spite of such never ending problems promoters continue to play their role and the promoters in Bangalore too is no exception. Like promoters in other parts of the country the apartment promoters in Bangalore too face many difficulties.

It is very difficult for a promoter to acquire land with a proper title. Most of the titles pertaining to land, on which apartments are built, are not 100% perfect. Purchasing land falling under the CMC and on the developing outskirts is risky as it may lead to prolonged litigation or some authority may find that the land is suitable for acquisition for the purpose of laying roads, bridges etc. Once the final notification is announced and the project fails on account of defective title, it is next to impossible for the owner to get the same returns. Further, in number of cases Government department’s personnel themselves present fake records as authentic.

Further there are maze of laws, rules and regulations, which the promoter has to comply with for the construction of an apartment. Most of these laws are so complicated that different courts interpret them differently and as a result there are several contradictory judgments on the same point of law. The promoter tries to comply with one law after the other but the chain is long enough to exasperate anyone trying to get to the end of it. Government officials take advantage of the law, which is in their favour, in taking decisions but often ignore other provisions of the law.

Construction on certain categories of land requires NOC from the Bangalore Development Authority and getting BDA permission is not an easy task. There is no law that can force the BDA to give its decision within a time frame. You will have to wait for long time and this is only the time where money speaks. Open your purse and take out currency notes, you will then see miracles wherein illegal would become legal. In expectation of loosening of purse strings, the BDA will not reject your application straight away even if it is not in order rather, it will make you wait till you open your purse.

The Government for developmental purposes has notified certain types of land, used for agriculture and other purposes, for acquisition. Even after lapse of 25 years, Government may not have taken possession of the lands as these are in various stages of litigation. The owners of such lands become very happy on seeing a buyer or a promoter because of the fact that they would get hundred times more money from the purchaser than what the pittance govern-ment would pay them by way of compensation. Further, once the purchaser starts con-struction work on such lands, troubles start coming one by one. He will have to walk through the corridors of various courts for decades to set the right damage and loss suffered by him. Whether he will succeed or not only time will tell. In the end, wisdom dawns on him that the system does not encourage true entrepreneurship.

Various statutory authorities want to enjoy powers without the statutory responsibilities that go with it. Usually they avoid taking statutory decisions and if by chance they did and thereafter anything went wrong they would find a scapegoat in the higher or lower echelons of the organizational hierarchy. While the authorities are very prompt in collecting stamp duties they do not take the legal responsibility of ensuring that only properties with proper titles are registered. Irrespective of the rules, the sub-registrars are always ready and willing to register the property provided a deal is struck successfully, if not they will raise various objections against registering the property.

According to certain rules, one cannot purchase any land granted by the government to a person belonging to schedule caste. If anyone purchases such a land, the government may direct him to return it, but the chances of getting back the money invested are remote.

Certain land laws are odd and very confusing. According to Karnataka Land Revenue Act, only an agriculturist can purchase agricultural lands but his annual income should be within two lakhs per year and he should be an agricultural labour. Probably, this peculiar law is in force only in Karnataka and Kashmir. Kashmiris can buy land anywhere in India but people from other states of India cannot buy land in Kashmir. While the government can acquire any land and form layout by paying a nominal compensation to the landowners, promoters or developers or individuals cannot do so because there is no provision in the law to make private layouts even though they are ready to fulfill all the terms and conditions imposed by the authorities. What is right for the government is not necessarily right for others.

Agricultural lands located at green belt area cannot be used for building any other construction and conversion of the land use in green belt is also not possible. However, they are entitled to construct pump set room and small farmhouse.

Another peculiar rule is with respect to the "change of land use." A shopping complex cannot be constructed on a land earmarked for residential purposes. An industry cannot be set up on a land earmarked for commercial use. Lands around Bangalore within a radius of twenty kilometers have been declared as "Green Belt" area on which no buildings can come up. Thus, no construction is allowed other than what is earmarked on the lands. Likewise, an apartment block cannot be constructed on a site allotted by the BDA. If the permission to change the use of land is denied, then the project can never see the light of day.

Even if the promoter is able to cross over all the hurdles and manages to get a proper land for construction, his problems do not end. He has to collect various documents to perfect the title deeds such as betterment charges, clubbing of khata etc. To regularize the property, the promoter has to put in great efforts at the revenue department. Thereafter he has to get the plan sanctioned by the engineering department. The plan has to move up from the Junior Engineer level and after passing through various cadres of engineers it finally reaches the commissioner level. After the building plan is sanctioned, the promoter has to obtain the 'certificate of commencement' and finally 'completion certificate' from the concerned authorities.

Getting the completion certificate from the Bangalore Mahanagara Palike is not an easy task. One among a hundred flats can get the completion certificate. The work cannot be completed unless and until the promoter parts with a huge amount of ‘speed money'. 'No money - no certificate’ is the unwritten slogan. None of the authorities will respond to your application within a fixed time frame if you do not 'take care' of them. In short, public administration has now come to mean public harassment. Delay in getting clearance and approvals leads to escalation in the cost of materials, wages and administrative overheads, which eats into the promoter's wafer thin margin. Apart from the BDA and the BMP, there are several others the promoter has to contend with. Various squads such as BDA squads, sales tax squads, income tax squads, revenue squads, KTPCL vigilance and inspection squads, prevention of unauthorized construction squads, swoop down on the promoter to collect their periodic 'mamools.' Whether the promoter makes money or not is doubtful but these people definitely do. The Lok Ayukta has already nailed some, but many are still at large fleecing the entrepre-neur.

The promoter has to shell out nearly 25% to 40% of the project cost as bribes and government fees. Then he has to earn something in the thin margin by way of profit. As a result, there is bound to be deviation from the sanctioned plan, compromise on standard construction, bad workmanship, poor finish and delay in completion of the project and as result some buildings come crashing down now and then bears testimony to these realities.

Then there are cases of missing files and bogus documents. Added to this are cases of genuine documents executed on bogus stamp papers. A promoter with such professional qualification   as a Bachelor, Masters Degree in architecture or civil engineering learns that his learned knowledge is useless when it comes to getting clearances, approvals from government officials.

They learn that the only way to get their work done depends on how successful they are in warming the hands of the officials 'under the table.' Normally, promoters are not in a position to invest the entire amount on their projects. It all depends on the amounts they have been able to collect from customers. Some customers don't pay promptly. Sometimes to make up the deficit, the promoters have to borrow funds at high rates of interest. Promoters are forced to pay compensation by the consumer forums to those customers for the delay in the project. On the delayed payments, however, it is difficult for the promoters to collect interest as such rights can be enforced in civil courts only which are a long drawn process. Of course, a few unscrupulous promoters do make fast bucks by throwing ethics to winds.

Under the circumstances, only those few promoters, who have the capacity to hold on to their apartments till they get high prices, can survive in this business. Those promoters who desire to construct apartments and budget flats for middle class citizens at reasonable prices are struggling hard to make both ends meet.

Unless attitudes change and the bribe culture is rooted out, it will be difficult for the quality conscious and value-oriented promoters to survive in the market. 

Friday, March 13, 2015

Aashrayaa Ruby 2BHK Apartments Located off Begur Road, Bangalore

Aashrayaa Ruby Apartments Located off Begur Road, Bangalore offered with 2BHK Apartments.


Aashrayaa Homes presents “Aashrayaa Ruby” stylish homes that suite the fashion for your future plans. The exquisitely designed and luxurious apartments that boast a range of impressive amenities that attracts everyone.

The apartments are well designed with good ventilation and natural light. Elegantly created balconies connecting with serene nature. Quality and unquestionable construction and branded fittings created a beautiful ambience indoors.

Aashrayaa Ruby redefined an exclusive homes with lush green surroundings. These spacious 2 2.5 BHK apartments are created for your good life.


Wel equipped Gymnasium
Elegant Multipurpose Hall
Security surveillance
100 % Power Backup for Common Areas
0.5K VA power back up for each flat
Wi-fi Enabled Residential complex

The never you hear anyone talking about interim housing, extended stay or corporate housing you can safely assume that they are referring to service apartments. The hospitality industry has been transformed through this concept. Such an apartment is a special, fully furnished place or executive home that is provided instead of a hotel. Should you be vacationing with your family, changing locations or on an official tour, staying in a service apartment will give you the comfortable feel of a home.

These apartments differ from the usual hotel rooms in that they consist of well-furnished one, two and three bedroom apartments with separate living rooms and well-equipped kitchen. You have the facilities of room service, maid service and cook service. As compared to stay in a hotel it is hard to imagine getting such reasonably priced services in service apartments.

There is a growing class of builders who are taking seriously the need for construction of service apartments. They happen to be fully furnished units with well planned interiors and quality decor. 

You may be charged as little as Rs 500 a day for certain service apartments and have added luxury for more money. A party hall, billiards room or a gym, these apartments offer everything that an expensive apartment or hotel could provide. You have a fridge, water-purifier, microwave, electric kettle, toaster, gas stove, crockery, cutlery, pressure cooker and kitchen vessels whatever you need. Along with that comes access to the internet, STD/ISD facilities, car rentals, fax and broadband service - whatever a business traveler may require. 

You get more value for an affordable cost. Should the company be unable to afford hotel accommodation, think of the option of corporate housing. Certain service apartments are specifically built with a specific corporate house in mind. The location will be strategic, the interiors will be gorgeous, you will have 24 hour room service and what not! 

Service apartments have several advantages. These include considerable saving on accommodation expenses, they are more spacious than a hotel room, you have your own lounge and kitchen, you have uninterrupted access to business and secretarial services. Most of these service apartments are located near shopping complexes, hospitals, restaurants, schools and office spaces. There is an inviting lobby with pleasing decor, fitness center, swimming pool and restaurant, continuous maintenance and cleanliness. You will also have the facility of ample closets and storage space for suitcases, garden and play area and all basic utilities.

Some homeowners try to generate income by turning their homes into such living units. These will be in demand for marriage parties and for travelers. The homeowner must make sure that such activities are allowed in the complex. Many people have spent a lot of money in turning their homes into such a place but they are not always able to keep up with all the care and attention needed as it may prove too much for a single person to handle.

Thursday, March 12, 2015

Aashrayaa Onyx 2BHK & 3BHK Apartments Located off Begur Road, Bangalore

Aashrayaa Onyx Apartments Area Range 1152-1845 Sq.ft Located off Begur Road, Bangalore offered with 2BHK Apartments and 3BHK Apartments.


Thoughtfully designed, Aashrayaa Onyx seeks to define fine living in the most unique fashion. While each floor is methodically designed and is ful of spaciously created congestion-free movement. It also built in Independent Flats with independent walls. It gives you full of privacy. Each flat is adequately spread with a blend of modern and design elements in strict adherence with vaastu.

Aashrayaa Onyx offers aesthetically best designed 2 and 3 BHK luxury appartments, it gives serene ambience, unmatched comfort for beloved families.


Swimming pool
Wel equipped Gymnasium
Elegant Multipurpose Hall
Children’s play area
Indoor games
100 % Power Backup
0.5K VA power back up for each flat
Wi-fi Enabled Residential complex
Security surveillance
Intercom Facility


In recent times, wooden floors have caught Buyers fancy in a big way. Within homes, one can notice them in the master bedroom, the living room, the study room and the kid's room. Among the commercial establishments, the restaurants, coffee shops, and up market stores which are more in number have started installing wooden floors now.

Today, wooden floors have become more popular mainly because of their aesthetics. They look very beautiful and they also impart a natural feel to your interior. They are specially suited for households that have young children, who tend to spend a lot of time on the floor. They are very easy to maintain. All they require is regular wiping and they continue to look good for years. Wooden floors are very easy to install.

An entire High Income Group (HIG) flat can be done up in 24 to 48 hours, people who are interested, can lay these wooden floors over their existing floors. They have a tongue and can groove the mechanism. Suppose, one doesn't want to continue with the wooden floors, they can also uninstall them easily. If one is shifting from one house to another, he/she can take apart of their wooden floor along with them, without any damage either to the floor or to the house.

Wooden floors are made up of individual boards and it also works according to their advantage. If one part of the floor gets damaged, they only need to replace one or two boards. Hence, in these days, most brands offer a warranty of at least 10 years. Wooden floors are of two categories: Real wooden floors and laminate wooden floors.

While the former, as the nature implies, is made up of real wood, laminate floors are made up of high density fiber boards. The former are more expensive and would cost anything between Rs.200 and 600 per sq.ft. But, they also get damaged more easily and hence require more careful maintenance. Laminate floors, by contrast are affordable. Their price ranges from Rs.100 to 250 per sq.ft, and are more resistant to damage. The good thing is that, nowadays, even the laminate floors look good and real as real wooden floors.

Dual Width:

Today, people get wooden floors where the planks are available in two widths. Interior Designers, suggest that they should use the planks with the larger width in bigger rooms and using the narrower planks in a smaller room creates a sense of space.

Wide Variety:

Wooden floors are made from a wide variety of woods.


When one installs wooden floors, he/she cannot be as rough and carefree in their usage, as they would be with a tile floor. Here, are a few precautions that they must observe:When they are leaving their house, they should check and must ensure that all the taps in their home are properly closed. Suppose water leaks out and accumulates on the wooden floor for a considerable length of time, the floor might get damaged.

Another disadvantage of wooden floors is, that one heel's of his/her shoes would produce lot of noise, even though some brands have now introduced the products that absorb part of the sound. Finally, wooden floors are a category of whose time has come. If one is rebuilding a new house, or refurbishing their old one, they can think of installing wooden floors. The sheer beauty of wooden floors will enliven their home decor for years to come.

Wednesday, March 11, 2015


After economic recovery, the days now appear to be favorable for capital investments like investment on property buying. The developers who have invested huge sums are likely to offer the developed properties to the prospective buyers, providing all possible facilities. The competition among the developers will be quite beneficial to some extent to the customers who have been waiting for investing funds in real estate. 

As on today, it is said, a large number of fully developed properties are available for disposal in the property market. It seems to be true if we go through the advertisements appearing in newspapers, magazines, hoardings, TV Channels etc. relating to property market. Apart from media publicity, if one takes a stroll in the city, one would find 'to let', 'flats available on rent' etc. on newly built residential spaces, as well as on ready commercial buildings. Some developers are offering sites of various dimensions, ready villas, flats in apartment buildings all around the city outskirts, with all possible concessions. However, it is not known for certain as to how many flats and commercial units are vacant as of now as there is no agency to collect such information. But one thing seems to be true is that a large number of flats and commercial units are vacant and available for immediate occupation.

With the availability of large number of ready units both in residential and commercial segments, there is a good amount of competition, resulting in offering concessions and benefits to the prospective buyers. The benefits like club houses, swimming pools, gardens, schools, shopping complex, markets, play grounds, Tennis, Badminton courts etc., are commonly advertised by most of the property developers depending on the size of the project developed by them.

Another aspect commonly noticed is that the. property developers are now indicating the various approvals obtained from the concerned authorities. In addition the customers are helped to obtain financial assistance from various banks and financial institutions. The developers are showcasing their projects through Property Melas organized by various agencies and their own associations at regular intervals. All these actions help the buyers to choose the property for investment.

It is a known fact that of all the investment options, the best is real estate for investment for the simple reason that the property market will not go downside because the demand position is ever increasing. Also the property value always gets appreciated over a period of time. So far as residential units are concerned, there would never be any downtrend in property values. Appreciation in value is phenomenal.

Why there is no downtrend in values of properties? There may be a dull period some times in property market but that is only for a short period, when people do not  come forward to buy property in the view of rising prices of construction materials, labor wages, consequently increase in the cost of the projects etc. The project cost goes up for various reasons and sometimes due to litigations. This however does not affect the property market except that there will be some delay in sale or purchase for a brief period. In such an event the prices remain static but will not go down. During such period developers will not sell their products below their cost price level as they cannot afford to suffer any losses.

After such brief they for certain know that the market will open upwards, from where it was stalled. With no supply during such lull period the demand for accommodation keep up moving upward and the market when reopens, the supply position gets a boost. The property developers naturally stand to benefit once the market resumes with upward trend. As for buyers the present situation seems to be quite favorable as the market is showing upward trend and the developers are interested in disposing of their products with various concessions and benefits and assistance for securing financial assistance from banks and financial institutions.

Investment in property whether a flat, a bungalow / villa or a site is best for a simple reason that the value will always be appreciating and the demand for such properties will always exist. However the buyer has to take care, verify all the details about the property like it being free from litigations, the price offered and various necessary approvals etc. before finalizing the buy since buying the property is a onetime deal in life time for an average buyer.