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6 Reasons Why People Prefer Community Living? Community living in Chennai is getting more popular day by day, and many people opt for apartments & Villas to live in a community to experience new people, their culture and lifestyle. In a city like Chennai, people from across India come to study, work and settle. This attributes to multi-cultural people population rise in apartments and villas. Especially people from other states working in Chennai prefer communities over individual homes to seek timely help from their neighbours. It’s not always easy to get to know your neighbours, especially if you live in a house. You might not see them often, and if you have a terrible experience with one, you’re pretty much stuck with them. However, living in an apartment complex or villa can make meeting exciting people and getting to know your neighbours much easier. There are usually plenty of communal spaces where you can relax and strike up a conversation. So if you’re looking for an easy way to get to know your neighbours, an apartment complex might be the best option for you. Guess what? There are over 2000+ gated communities in Chennai and most of them are apartments. As community living is rising, recently, one of the sapartments celebrated 25 years of their community living. Continue Reading on: https://www.ishahomes.com/blog/can-community-living-be-considered-mini-india-in-chennai/ So What is Community Living? Exclusive community living offers residents a sense of privacy and luxury, with high-quality buildings and facilities that are only accessible to those who live there. Outsiders are not allowed in so that these communities can feel like private clubs. For many people, the exclusivity of these places is part of the appeal – knowing that what is available to them is of a high standard. However, it is essential to remember that homes in community living can sometimes be expensive and out of reach for many buyers. Community living is a type of housing development that features restricted access and often increased security. Homes in community living are typically close to one another, fostering a sense of neighbourhood camaraderie among residents. Prices for community apartments are higher in multi-story buildings, attracting people from across India. 1. Monthly Events in Apartments : If you’re looking for a fun and easy way to meet some of your new neighbours, be sure to check out your apartment community’s monthly events! These gatherings are usually low-key and relaxed, providing the perfect opportunity to get to know the people who live around you. You can usually find information about upcoming events in your complex’s newsletter or on resident bulletin boards (online or in-person). So go ahead and mark a few dates in your calendar – attending these functions is a great way to learn more about your community and potentially make new friends. Most apartments celebrate a diverse range of events in their common space to improve the community living concept in Chennai. Usually, residents at apartments conduct a minimum of one event a month. 2. Multilingual Festivals in Apartments : To determine whether or not your fellow residents would be interested in celebrating a special occasion in the community, start by conducting a poll with clear yes or no answers. This will give you a better idea of what to do next. If you have enough people who are interested in the idea, you can create a sub-group and add them to it. For example, if you’re going to celebrate a festival of a particular religion, you can make a group jot down the list of materials required to celebrate the festival aptly. While such festivals are celebrated in apartments, it opens the door for people to understand other religions, their customs, their festivals and even an opportunity to be a part of that celebration. This is possible only in apartments that promote communal living. Considering people’s interest in celebrating more festivals, each apartment is slowly evolving as an epitome of a mini country – India. On average, community living apartments celebrate over 20+ festivals in a year, such as Diwali, Pongal, Dushara, Raksha Bandhan and much more. 3. Cultural Diversity in Apartments : Be it in the north, south, west or eastern part of India, cultures differ in each state. While one state’s people are multi-lingual other states’ people speak one or two languages. This is exactly where the mini India concept shows up. When living in apartments in Chennai, people from all parts of India stay; thus, cultural interaction happens over time. The city of Chennai is a bustling metropolis in southern India. It is home to people from all walks of life, making it a cosmopolitan city. The residents of Chennai are known for their hospitality and warmth. Their deep-rooted beliefs and customs uphold brotherhood, tranquillity, and mutual respect. From celebrations to mournful times, these values drive the people’s daily lives in Chennai. As per print media’s aggregate report, Chennai apartments comprise India’s most diversified people population. 4. Vehicles in Apartments : One of the most interesting facets of today’s apartment parking space is that we can witness cars with a range of registration numbers from Himachal to Kolkatta, Madhya Pradesh, Kerala and Karnataka. While witnessing these scenarios, it is evident that the apartment community living is rich in diversity; people from different parts of the country combine and live in space. Compared to other states, the number of people from other states living in Tamil Nadu is quite higher, especially in Chennai, contributing to a vibrant & diverse community in both apartment communities and the city. Did you know? Over 15,000 other state registration cars are running in Chennai every day. Isn’t you interested in witnessing people from other states in your apartment community? 5. Social Interactions and well-being : Social interactions and activities are very important for our physical and mental health. Staying connected with others can improve our mood and keep our minds sharp, which is especially important as we age. There are many communities in apartments that offer a variety of scheduled events and activities to help promote these vital social connections. There is no need to feel for people who are stuck in a rut just because they are getting older. There are plenty of ways to stay active and engaged, both mentally and physically. Senior wellness programs in apartments are designed to promote a healthy mind, body and soul. One way to do this is by taking advantage of on-site fitness centres in senior living communities. These often offer exercise classes specifically tailored to the needs of residents. 6. Linguistic Diversity in Apartments : In addition, people in the community living tend to be speaking different languages, including Telugu, Marathi, Sourashtra, Hindi, Malayalam, Kannada, Hindi, and English. This diversity helps people to communicate and understand other languages to feel like living in a small India within their apartment. So, don’t miss out on living in a community living.

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List of Water Management/Saving Methods for Apartment Construction Plan in chennai 1. Recharging Ground Water in Apartments Water is essential, and it is a finite resource. Groundwater recharge is one method of water management that can help ensure an adequate water supply for future generations. Groundwater recharge occurs when water from the surface, such as rain or melted snow, seeps down into the ground and replenishes groundwater supplies. This process can happen naturally during rain, or it can be assisted through artificial means. Artificial groundwater recharge is a process whereby water is deliberately infiltrated into shallow aquifers to increase groundwater quantity. This can be done through various methods, such as injecting water into the ground or using percolation pits. The volume of water being abstracted from an aquifer over the long term mustn’t exceed the volume being recharged; otherwise, groundwater supplies will dwindle. 2. Greywater System in Apartments Looking to save on your water bill? Consider using greywater in your home. Greywater is wastewater from non-toilet plumbing fixtures, like sinks, washing machines and showers. This type of water is generally easier to recycle than blackwater, because it contains fewer contaminants. The method and standard of treatment will depend on the size of your system. To avoid confusion with potable water, make sure all pipes and supply points in your greywater system are clearly labeled. With proper care, a greywater system can help you save up to 40% on your yearly water bill. 3. STP System/ Wastewater Recycling Wastewater recycling is crucial for preserving our water resources. There are two main types of wastewater – greywater and blackwater. Greywater is easier to treat and recycle than blackwater, which contains harmful bacteria that can cause disease. In order to save our communities from the dangers of raw sewage, one should build wastewater treatment plants and enforce laws against its release into the environment. These treatment plants help us recycle blackwater, making it safe to use again. In recent years, it has been evident that there has been an increasing interest in wastewater reuse as a key part of water conservation efforts. If your society banded together to invest in a sewage treatment plant (STP), it could mean an end to water scarcity and the recycling of water 365 days a year. To make this happen, you would need to get consent for operation from your municipal corporation and employ qualified staff to oversee standard operating procedures. However, if you invested in an eco-friendly STP that uses anaerobic methods and requires little energy, mimicking natural processes, then you could make a huge impact without using diesel or polluting the environment. Self-sustaining technologies like the STP and Omni Processor are excellent investments because they eventually pay for themselves and produce valuable resources like electricity and potable water. Not to mention, these technologies also help reduce pollution by preventing raw sewage from being dumped into rivers and lakes. By investing in self-sustaining technologies, we can help solve the water/electricity crisis while also protecting the environment. 4. Rainwater Harvesting in Apartments Water is an essential element for all life on earth. All organisms, whether plant or animal, require water to survive. Without water, there would be no life on our planet. There are many sources of water on earth, but rainfall is the most important. Rainfall is the primary source of water for all other sources, such as rivers, lakes, and groundwater. In urban areas, it is important to increase groundwater recharge and manage stormwater. In rural areas, the focus is on providing water for farming and livestock and ensuring that people have access to clean water in summer or during dry periods. Ground Rainwater Harvesting Artificial recharge is the process of replenishing groundwater supplies through man-made means. This can be done through a variety of methods, such as injecting water into aquifers or using surface water to recharge groundwater reservoirs. By artificially recharging groundwater supplies, we can help ensure a sustainable and reliable water supply for future generations. Rooftop Rainwater Harvesting Rooftop rainwater harvesting is a great way to conserve water. Collecting rainwater from your roof can reduce your dependence on municipal water sources and save money on your water bill. Plus, it’s an environmentally-friendly way to get your water, since you’re not using energy to pump it from elsewhere. Here’s how it works: The roof of your house or building becomes the catchment for rainwater. PVC gutters are used to collect the water and transport it to a storage tank. 5. Ways to Save Water in Apartments Stop/Fix Leaks Water leaks could be a critical problem in apartment complexes, with up to 70% of flats affected at any given time. Even a minor leak can waste 180 litres of water per month, so a 200 unit complex could be losing 36,000 litres every month. Pumps, bore wells, tanks, and other fittings should be checked regularly for leaks, and any serious problems should be fixed immediately. Make sure borewells are metered and monitored so you can catch any issues early. 2. Water Sprayer Installation A water sprayer is a simple but essential kitchen appliance! It is simply a showerhead that gives a wider flow of water, making washing dishes possible with much less water. Make sure your plumber instals one of these in all your kitchen taps – he can do it while he’s checking for any leaky taps. On the other hand, water flow reducers also aid in saving a considerable amount of water. Installing these flow reducers can result in saving up to 40% of water. 3. Keep a Track If you want to save water, start with your staff. They are the ones who use the most water in each home. Educate them on the importance of conserving water and show them how their actions can make a difference. Let the facility manager be aware of the various practices to follow for water conservation, such as swimming pool maintenance and fire-fighting systems. And most importantly, let the numbers speak for themselves. Every month, publish the Water Expense report from your Expense Tracker to all Residents. This will help them be more conscious of their own water usage and celebrate when they see a decrease in bills. 4. Dual Piping System In an apartment complex, two different piping systems are needed to supply potable water and either recycled water, greywater, or rainwater. The former is used for drinking and cooking, while the latter is used for washing, toilet flushing, and other purposes. To take advantage of greywater usage, the entire complex must have a dual piping system in place. Alternatively, the plumbing system can be modified to create dual piping. 5. Advanced Flush As water becomes an increasingly scarce resource, more and more builders are installing dual flush toilets in new apartments. Dual flush toilets use far less water than traditional toilets, making them a great way to conserve water. Traditional toilets can use up to 14 litres of water per flush, while dual flush toilets use only 4-6 litres. This can make a significant difference in terms of water conservation. Dual flush toilets have two handles or buttons for different levels of flushing, and some models can even be retrofitted to reduce the amount of water used even further. Installing a tank bank inside the flush tank is another way to save water. 6. Application of Smart Water Metres Water conservation is important for many reasons. One way to help conserve water is to install smart water meters for your building. These meters can track the water consumption patterns of each home and provide real-time data on usage. This information can be used to encourage a healthy competitive spirit among residents, applauding those with the lowest consumption. Studies have estimated that societies can save up to 35% on water usage with these meters in place. Continue reading on https://www.ishahomes.com/blog/water-management-at-apartments-chennai/

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Does the Buyer need to Pay Interest on Delayed Payment? The question raises in everyone’s mind whether the builder can charge a considerable amount of interest for delayed payments or any fixed rate of interest is prescribed by the real estate laws. Assume you are planning to buy an apartment or you have already paid advance to the builder. In this case, the buyer would have made an agreement as to when the final payment has to be made. If you are unable to pay the money as per the timeline, there comes confusion. While some builders may not charge interest for delayed payments, most apartment builders charge their customers 10 to 20% interest for late payments. If you are someone who is keen to buy an apartment in Chennai, this blog will guide you through the laws and processes for delayed payments. 1. Government Norms and a case study : The Supreme Court has ruled that it is an unfair trade practice to force homebuyers to pay interest at a rate of 18% per annum for delays in payment of installments. In comparison, builders themselves only have to pay 15-29% for delays in project amounts. A group of judges from the National Consumer Disputes Redressal Commission (NCDRC) has ruled that clauses in builder-buyer agreements that protect the company’s interests atbuyers’ expenses are unfair and unreasonable. This decision comes as a relief to homebuyers who have long been at the mercy of real estate companies. With this ruling, homebuyers can now hold builders accountable for any unfair or one-sided terms in their contracts. 2. Current Law for Interest on Delayed Payments : If a builder charges interest on late payments, but no rate is specified in the contract, the builder may charge 6% per year simple interest under section 34 of the Code of Civil Procedure, 1908. If no date is specified in the contract for when interest will begin accruing, the builder has no right to seek a penalty if payment is made late. If you don’t make your payments on time, you as the buyer will be held responsible. This is in line with the terms and conditions of the selling agreement. If either you or the promoter default on payments, RERA has concluded that any party is entitled to claim interest as provided by the Real Estate Act, 2016. If the buyer does not make their payment on time, as stated in the agreement for sale, they will be charged interest at the rate of Marginal Cost Lending Rate + 2%. However, the builder cannot charge the allottee an excessive amount of interest; instead, they can only charge what is specified in the agreement or as a charge under the Code of Civil Procedure, 1908, and the Real Estate (Regulation & Development) Act, 2016. At Isha Homes, we abide by the government norms and charge the delayed payment interest accordingly. Continue Reading on: https://www.ishahomes.com/blog/does-the-buyer-need-to-pay-interest-on-delayed-payment/

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Buying a resale property is advisable or not? Owning an apartment/villa is every individual dream and it is an investment for their family too. Lot’s of research work is done by one before selecting a property. Factors like location, cost, connectivity, transportation facilities also play a major role in an individual's decision making process. But the financial position of an individual is a major factor based on which they decide whether to buy a pre-owned apartment/villa or a brand new one. There are ready to move in Apartment/villa that are developed by the credible builders like Isha Homes are well suited in the areas within the heart of the city, with better ambience and very well within the budget of an individual. This article lists a few disadvantages that might be faced by buyers in purchasing a pre-owned house. 1. Infrastructure Issues : Buying a pre-owned apartment/villa has certain costs involved. One might get ready to move into a living space but they also might face certain surprises like faulty structures or faulty electrical wirings or leakages in plumbing work or interior may not be of an individual’s choice and paint works too. Imagine the amount that one has to spend on renovation work. Buying a new apartment/villa from a trusted and credible developer has an advantage over all the above-said things. Individuals can do the interior of their choice at the start itself and there are no costs involved for structural maintenance in the initial days and comparatively fewer maintenance fees. They also get allocated covered parking space and various amenities like a gym, swimming pool, indoor sports area, clubhouse, library, park where children can enjoy their playtime, and association to take care of issues faced by owners within the gated community, etc. 2. Issues in Legal Due Diligence : Good groundwork in due diligence is required if you are considering buying a resale property. There might be some legal liabilities like fraudulent paperwork or the original paperwork may not be present if the property has been mortgaged. The buyer also has to be aware of who they are purchasing from. You have to verify whether the individual is the legal owner and has the authority to sell the property. The buyer must also ensure that the property tax and water tax have been properly paid by the seller before making the purchase otherwise the buyer has to incur the cost. Ownership of the property has to be traced back at least a minimum of 20 years so that any legal implications involved can be identified. All these vetting processes for the resale property are tiresome whereas if you are buying a new flat/villa you are buying it from a company, not from an individual and the company should register their project under RERA to make a sale. RERA ensures that the project does not have any legal implications. 3. Hurdle in Bank Loan : Checking documentation thoroughly is the most critical aspect of the purchase of a resale property if the buyer is applying for a home loan. Availing home loans to purchase resale property won’t be as easy as in the case of a new apartment/villa and insurance offered on a pre-owned house is lesser compared to new house. The down payment required for resale property might be more than 20 % if the age of the pre-owned property is higher. This will increase the financial burden for the buyer. There is also a chance that the bank might reduce the tenure of loan repayment due to age of the property. In case a new home bought from reputed builders doesn’t possess these disadvantages. One last thing to be considered is the brokerage amount that has to be paid by purchasers of pre-owned property and the credibility of the broker plays a major role in making authentic deals. Buying a brand new home doesn’t involve any brokerage fee and it’s safer for an individual to make a purchase from a builder/developer. Continue Reading on https://www.ishahomes.com/blog/buying-a-resale-property-is-advisable-or-not/

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Things to consider before buying an home/plot in Chennai -Handover Document Whether you are a new apartment buyer or buying an apartment for the second time, you should be aware of the list of handover documents to be collected from the builder. While some builders provide consumers with all the documents on time, some may not offer them. To help you understand and get to know about the handover documents, we have compiled the list of mandatory documents here. If you are planning to buy a home in Chennai, this guide is perfect for listing down the documents collected from the builder. 1. Handing over certificate/ Possession Letter The new owner of the property will be issued a Possession Certificate. This certificate proves that the ownership of the property has been transferred to the purchaser and that they are now thoroughly interested in the property. Both parties must register for the same property; this means that the developer must sign a declaration stating that they no longer own the property, and the buyer must sign to accept ownership. The certificate will also include an interpretation and any necessary additional features, such as parking or a garage, as provided for in the sales agreement. If you don’t have any legal certification or registration document, you don’t have any authority over the property, and the builder lawfully owns it. In this case, the builder can also evict the resident with help from civil authorities. 2. Acknowledgment Letter for Handing over the keys. This is a document/letter that the builder provides to the apartment owner. The letter confirms that the builder has received all the prescribed money from the buyer, and they solely agreed to provide buyers with the respective apartment keys. This document is also helpful to the buyers to consider as proof that they have paid the money and own the apartment without further ado. At Isha Homes, we ensure that all our buyers receive handing-over acknowledgement letters as soon as the legal process gets over. 3. Copy of Affidavit for No Claim It is a stamped document of 20 rs (bond) that the builder provides to the consumers. This document comprises the property owner’s name, allotment number, villa/ plot number, and address of the villa. In the document, it is written that the builder has supported and enabled all the features as requested by the consumer, and they are solely satisfied with the property that has been handover. All consumers shall read the document carefully and sign, agreeing to the information mentioned in the document. Once consumers sign the document, it directly means that the consumer is fully satisfied, so the builder has proven to have delivered quality as required. 4) Final Statement of Account A settlement statement is a formal document that itemises all fees and credits resulting from a real estate transaction. It shows the line-by-line breakdown of how all the money changed hands. The statement includes commissions to real estate builders, taxes and recording fees owed to local governments, and final charges to the lender. At the bottom of the statement, you will see your net proceeds in the seller credit column and what is due from the buyer. This document serves as a receipt for your home sale. A statement of account is a financial record of your transactions with your landlord. It begins when you start owning the apartment and per the deal. Between those dates, it would include a list of all the payments you’ve made and any credits or adjustments to your account. Each payment, credit, or adjustment would then affect the balance on your account. 5) EB Card – if readily available or on receipt In Isha Homes possession, we ensure that the new apartment owners pay the electricity bill based on the units they consume. Hence, we provide them with the EB card during the handover process itself. Sometimes, there would be a delay in obtaining the card from the electricity board, and in that case, we provide new buyers with the receipt of the EB card/ proof of the EB card receiving date. To be precise, you shall pay only how much electricity you consume, thus helping you calculate and pay accordingly. 6) Summary of Additional Work In the handover report, be sure to include all meter readings, from electricity to water to the radiator. Additional works should be described in full detail, with photos whenever possible. Other components of the hand-over process include keys and locks, doors and windows, floors (carpets or tiles), walls (paint or wallpaper), and any mould. With the summary of additional work, builders should also specify when the buyer is responsible for ancillary costs. Continue Reading on https://www.ishahomes.com/blog/things-to-consider-before-buying-an-home-plot-in-chennai-handover-document/

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8 Reasons Why Buying A Luxurious Apartment In Thiruporur Is Better Than In Kelambakkam? The quite suburbs lying near Old Mahabalipuram Road (OMR) have become buzzing hubs for residential property investors. As Chennai is proliferating, on every count, so are its suburbs. Areas such as Thiruporur and Kelambakkam, lying beside the OMR, have benefited from the increasing job scopes in Chennai. The migrating employees in the mega business hubs of Chennai are on the lookout for their dream homes, and the localities such as Thiruporur and Kelambakkam are meeting their needs. While both these localities are developing at a fast pace, there has to be a differentiator between both these thriving localities. And that is what we are here to investigate. Enquire for a affordable plots in Thiruporur: https://www.ishahomes.com/isha-avni #1: AFFORDABILITY VS LUXURY One of the major differences between the residential properties in Kelambakkam and Thiruporur is their luxury quotient. Kelambakkam was developed as a settlement for employees from the nearby IT Parks. And Kelambakkam properties are known for their affordability. The properties in this part of Chennai belong to the mid-cap level. So, they are friendly for your pockets. But not everyone is satisfied with a mediocre life, they want more. So, the answer lies in the properties that have been developed in Thiruporur, which is a neighbor of Kelambakkam. Thiruporur properties were developed to meet the needs of home buyers wanting a bit of luxury and extravagance in their homes. If you want a grand place to call your home, then Thiruporur is your ideal destination. #2: HIGH-END INFRASTRUCTURE The townships of Thiruporur were developed with a single goal in mind: to support the lifestyle of the residents who own a luxurious apartment. So, malls and high-end shopping areas are fast developing in Thiruporur. Apart from this, there are renowned schools and medical facilities also available in this suburb. Of course, the residents from Thiruporur can visit Kelambakkam for saving some bucks on their shopping. Kelambakkam, in contrast, supports the affordable lifestyle with its markets and shopping areas. Of course, Kelambakkam also has great educational and health infrastructure, but Thiruporur in many ways has better facilities. #3: EASE OF COMMUTING The major IT Parks, housing some of the IT giants, are only a short drive away from the residential properties of Thiruporur. With the OMR, GST (Grand South Trunk) and ECR (East Coast Road) located in close proximity the professionals can breeze to their place of work from their home in Thiruporur. To support the needs of the residents further, Tamil Nadu government has launched many new road construction projects. Some of them would aid the residents to reach other important places in Chennai within shortest times. Apart from this, the residential areas of Thiruporur are also close to Chennai Airport, railway station and bus terminus. In this regards, Thiruporur and Kelambakkam are equal. Both of them offer great connectivity to their residents. #4: APPRECIATION IN PROPERTY RATES As a home buyer there is always a fear: what if the property rates go down in the immediate future? And the tensions remain higher before you purchase a luxurious apartment! Investing in a Thiruporur property is safe in that regard. A close look at the property trends for Thiruporur and Kelambakkam definitely gives a lot of insights. While the properties in Kelambakkam have appreciated at a rate of 2-3% in the last 3 years, Thiruporur properties on the other hand have shown an appreciation rate of 4-5%. It is definitely a deal that most real estate investors would definitely say ?Yes? to! #5: RESELLING SCOPES Understanding the resell value and scopes is always important before you invest in a new home. Thiruporur and Kelambakkam are relatively new residential areas whose demands have not yet touched their prime. But Thiruporur has already established itself as an area meant for the sophisticated and luxurious minded homeowners. And going by the real estate buzz, Thiruporur?s popularity as a residential area would further escalate in the future when many government projects ongoing in the area are completed. As evident from the earlier section, the appreciation of property prices will remain high in the next many years. And there might be a time when the properties in Thiruporur become a quick recipe to make high resale profits. #6: THE RENTAL SCENARIO Phase II of the IT corridor along the OMR is presently being erected. Once this project is complete, many more famed IT companies will set up their bases in the nearby area. And the employees in these new companies would always need good residential spaces. As a result, the demand for rental properties in Thiruporur will only increase. Presently the rental rates in Thiruporur, for 2 BHK spacious apartments, are hovering between INR 6,000-11,000, depending on their localities. Within a few years, these rates would appreciate considerably providing today?s home buyers a lucrative monthly earning opportunity. #7: OPPORTUNITIES FOR RECREATION The grind of daily life often leaves the professionals searching for some reprieve. Well, you would be lucky to have bought a Thiruporur property. The famous Covelong Beach is only a short drive away from the residential areas. There are other revered temples, such as Murugan Temple, Thiruvidanthai Nithya Kalyana Perumal temple and St. Mary Church in close vicinity. So, you can always relax after a tiring week at office. #8: QUALITY OF LIFE Thiruporur might not be the most happening place near Chennai, but it offers many essential things needed for a good quality of life. As a first, Thiruporur is less crowded and noisy than the main Chennai metropolitan area. So, you can enjoy a bit of seclusion while staying at stone?s throw distance from all the action. Secondly, without too many industries and relatively less population, the pollution levels in Thiruporur are still under control. This is again a vital facet when you are looking to give your kids a healthy start to their life. Apart from this, all the vital facilities (as mentioned before) are already available in Thiruporur. As you can well fathom, Thiruporur is your best destination to purchase a luxurious apartment near Chennai. It would give you price benefit and secure your investment for the future years. Continue Reading on https://www.ishahomes.com/blog/buying-luxurious-apartment-in-thiruporur-better-than-in-kelambakkam/

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Verifying/validating a builder’s property in Chennai – 18 points Checklist. Whether you are buying an apartment for the first time or buying to add to your investment portfolio, you need to be aware of which builder you are approaching. Though you can find all data about a builder with the tap of a button from your mobile, it is ideal to consider validating some of the significant 18 points mentioned below to buy an apartment in Chennai seamlessly. Isha Homes is one of the credible and best house builders in Chennai. Location Advantages When searching for an apartment, it is important to consider its location’s key advantages and disadvantages. You should check which municipality it falls under and the government’s planned projects for that area. It is also important to think about how the location would be from a residential perspective, including factors such as access to green space and water supply. Another thing to remember is how accessible the location is from other parts of the city or state. Connectivity When considering purchasing a flat, it is important to consider the resale value and rental potential. If you plan on selling the property in the future, you will want to ensure that it is in a good location & better connectivity to get a higher capital appreciation. By predicting how much your property value will increase in the future, you can make a more informed decision about whether or not to buy the flat. Future Potential When we purchase a property, we generally think we will live there for at least a few decades. However, unforeseen circumstances can arise that mean we have to move to a new location much sooner than expected. If you find yourself in this situation and realise that the property you bought is not suitable for someone else, it can be complicated. Therefore, it is crucial to consider the resale potential of any property you purchase. Will it appeal to other buyers? This is something you should think about before making a purchase.When considering purchasing an under-construction property, it is essential to research the future development plans for the surrounding area. This includes road and infrastructure development, proposed malls and other amenities that might be coming up in the next 4-6 years. If the location is not correctly connected to the main city, there might also be future plans for this. Knowing this information can help you make a more informed decision about whether or not to purchase an under-construction property. We Isha Homes, one of Chennai’s famous builders, consider future potentials before initiating a project. Water resources Whenever you are choosing an apartment or an individual home to live in, you should inspect the availability of groundwater in that place and how the quality of water has been for years. In this case, you need to check with the builder and ask them for the report on the same. If your builder is proactive in providing you with the data, then it is a good sign that the builder is credible. To be on a safer side, prefer a location that is abundant in groundwater. Builder’s Reputation When considering purchasing a home, one of the most important factors is the reputation of the builders/developer who would construct the property. This is especially crucial when buying an under-construction home, as you need to be confident that the developer will deliver a high-quality product within the agreed-upon timeframe. Checking the builder’s past performance and track record will give you an indication of whether they have been able to complete projects on time in the past. To minimise your time, you can wind up your research process and opt for Isha Homes to find Chennai’s best builders. Title of the property It is essential for buyers to notice the title of the property and the same has been in the name of builder. In some cases, there would be discrepancies and it will result in issues in the future. Instead of going to a builder who has fancy titles for their projects, it is ideal for buyers to choose the one that has relevance to the project location & specification. Statutory Approval Every builder should have gotten the statutory approval to construct building from appropriate authority viz CMDA, DTCP, LPA etc. Though most builders follow the process and attain the statutory approval, some may not be availing it as they didn’t go by the rules of the government. In this case, everyone must seek the statutory approval document from the builder. Continue Reading on https://www.ishahomes.com/blog/verifying-a-builders-property-in-chennai/

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