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Jan 14
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Home decor for living room

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Home decor ideas for living room you should try

A living room is the first room that you enter when you come home and the home décor ideas implemented here portray the grace and sophistication of your entire home. It is the reflection of your passion and creativity to improve the aesthetics of your living space. If you’re planning to start from scratch or remodel your existing living room, here are some innovative living room decor ideas that can help you bring out the best combination of designs to escalate your living space.

Choose the right paint colours

Colours complement your emotions and uplift your spirit. Opt for the right choice of colours in your living room to uplift your spirits when you enter your home. For example, you can opt for vibrant shades of orange and yellow to bring in a pop of enthusiasm and energy. On the other hand, use cool colours like green and blue to add an element of freshness and rejuvenate your senses. Brown furniture works well with green to imitate natural beauty. You can also experiment with shades of red and purple for a touch of royalty. These colours can either be used as wall paint or as part of a wallpaper print.

Pick the right furniture

Furniture is generally the eye-catching object in your living space. It is vital to choose the right colour furniture to complement the surrounding colours. Not just the colours, but the design and utility of the furniture also make a mark in the living room. You could choose a neutral-coloured sofa when you have a bright background. You can also opt for a sofa with a floral design to match your wall colours and alleviate the ambience. For example, a wooden sofa with subtle mustard or pastel green cushions would be the best pick for a green background. If you have a red wall, then choosing leather sofas in black or grey will enhance the look of the room. Next, you can opt for a coffee table made of wood or a coloured stand with a glass top. If you have a nice balcony or French windows, then a rocking chair near the open place will be the best place for a cup of coffee and a book. You can also install an ancient wooden swing to bring in an old-world charm.

Decorate your walls

Home decor ideas are incomplete without wall decorations that involve pictures, wallpapers and quotes. A decorative wall is the best way to add a personal touch. Inspiring quotes and beautiful pictures elevate your living room. Family photos remind you of happy memories and play a crucial role in reliving past moments. Apart from frames, your wall can also house indoor hanging plants that provide a fresh look.  Opt for pots that have quirky designs to complement your interiors. You can also hang up mirrors as one of the best home décor ideas. Be it a small or big living room, mirrors with a stunningly designed rim is any day a fantastic option to enhance the look of your living room and make your living space look bigger. Remember not to add too many framed pictures on the wall to avoid a gallery look. Let the walls be inspiring and artistic.

Install impressive lighting

Lights are essential when it comes to sprucing your space with the top home décor ideas. Choose from bright LED lights that are functional in nature and warm decorative lights that help in improving the aesthetics. You can also use lights to add unique accents to your home by installing cove lights along the perimeter of your ceiling. For decorative purposes, you can opt for chandelier lights which are an excellent statement piece.

DIY ideas

DIY ideas are a great way to add a personal touch to your home at a very low cost. There are a number of easy DIY projects that can help you channel your creativity and beautify your home. You can, for example, upgrade old furniture by sanding it down and giving it a coat of spray paint in any colour of your choice. If your cushions look like they need a splash of colour, you can make your own no-sew cushion covers with some fabric glue. You can also choose to make a personalized calendar to hang on the walls with pictures of your favourite family memories.

With these innovative decor ideas, you can transform your living room into the most stylish area of your home. If you are on the lookout for a new home that will be the perfect canvas to bring your decor ideas to life, head to

Jan 11
0

Buying A Resale Flat

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Can’t wait to go to your own home? However, the developer is not willing to wait for years to take over. Here is your answer. The reale sale can reduce flat chase and is an affordable solution to the accommodation needs of salaried people. It’s not easy. Here is a checklist to help you in the process of finding the right apartment.

Consider the location, the surrounding atmosphere and the suitability of the main amenities

Check the builder’s reputation and the quality of his past developments

Make sure the property is between 1-5 years and up to a maximum of 10 years

Understand the reason behind the sale and look for any problems

Carefully verify all documentation by attorney and registrar

Check the physical condition of the flat thoroughly before investing

Confirm the hidden costs

Once you have ticked all the boxes, go and close the deal. Investing in a reale sale flat can save you money and time. You won’t regret it.

Jan 09
0

Advantages of Gated Community flats

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Safety

A safe and secure environment characteristic inspires many to go to a gated community apartment. It provides human security and cannot be entered into the apartment without the proper permission of ordinary people. In addition, they offer electronic securities, for example, CCTV camera surveillance, electric fencing and intercom facilities.

Solicitors Cannot Enter

Day by day, the troubles caused by lawyers are escalating. The criminals disguise themselves and enter the house as sellers. Because the gated community is private, lawyers have a hard time getting access. The security element is one of the main reasons people choose to live in the gated community.

Celebrations and Social Gathering

A gated community has weekend social gatherings, festive celebrations and more. These meetings invite gated community families to participate in socialization, thereby strengthening unity among themselves. In addition, children will also gain knowledge about the importance of ceremonies and social gatherings.

Joyful Time for Kids

Another of the pleasant benefits of living in a gated apartment is the child-friendly atmosphere. Gated communities host a variety of activities specifically for children to showcase their talents in various fields. In the evenings, instead of sitting idle and watching mobile phones and TV, children can use the playground and spend time cycling, watering the yards, hiding and searching.

Maintenance

Nowadays, it is very difficult for people to do all the maintenance work. In gated communities, there is no need to worry about this. The management team of the gated community takes care of all plumbing work, HVAC, equipment repair, safety, cleaning, groundskeeping, pest control and so on. The management team also considers any valid suggestions made by residents.

Well-Integrated Facilities

To enjoy a comfortable lifestyle, the gated community offers mini theaters, well-built auditoriums, swimming pools, gyms and more. Also, some gated communities have waste management systems, rainwater harvesting systems and water recycling systems.

Greenery Landscapes

Gated community apartments are actually surrounded by large trees and plants. Residents can enjoy walking, jogging and leisure. In addition, the community provides all the comforts of growing plants and shrubs, as the environment gives a pleasant appearance.

Jan 04
0

Chennai- The Preferred City

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Chennai – There is something for everyone here

People of different races and religions, Chennai is considered as the melting pot of many cultures and can be found in temples, churches and mosques that symbolize the rich heritage of Chennai. Colonial-era architecture can be seen in the Port area and elsewhere in Chennai, such as St. Mary’s Church in Fort St. George or Pachaiyappa Hall on the grounds of the Athenaeum Temple of Theseus. Mahabalipuram – The neighboring Chennai town has ancient temples and stone carvings belonging to the 7th century Pallava kingdom.

Where is it today

Chennai is a growing tourist destination for foreign tourists and is one of the most visited cities in India. In fact, Lonely Graham has listed Chennai as one of the top 10 cities to travel for the year 2015.

The respect for the city is fully justified as it develops in terms of infrastructure and governance. Today the city is taking a bold and big step towards urbanization and it is truly heartening to see that the skyline meets the old with the new and there is a perfect balance of modernization and history.

Chennai- Preferred city

Recently ranked 9th in the list of Best Cosmopolitan Cities in the World, Chennai’s prospects are jumping a few notches. Government officials are pulling out all the stops to make Growth Story bigger and better than ever. The introduction of progressive services such as the Monorail Project, additional incentives to promote industrial growth, and a large incentive to infrastructure through strategic preservation of flyovers in strategic areas.

The city is recognized for its priceless value and has been in the news lately because of the overall excellence in the living standards of its citizens. Based on the “Location Ranking Survey” conducted by ECA International, Chennai is rated as having the highest standard of living in other cities in India. It is ahead of the other three metros and Bangalore. What’s more, in the Worldwide Quality Survey conducted by Mercer in 2007, Chennai was rated the second highest in India (New Delhi has the highest score).

Keeping up with the praise

Home to all major educational, literary and financial centers, Chennai is a major commercial and industrial center. To expand the automobile industry, the city has long had the distinction of being referred to as The Detroit of Asia. IT / ITES Parks is home to some of the world’s leading multinationals.

What’s more, the most populous city in Chennai, after Mumbai and Delhi. With the onslaught of large numbers of people around the world, Chennai is back with another accolade – Chennai’s 41st ranking in the World’s Top 100 City Destinations of 2011. Nearly 3,174,500 tourists visit the cultural and heritage sites of Chennai and the nearby towns contribute over Rs 20,000 crore to the state’s economy. By comparison, domestic tourism brought in about Rs 5,500 crore.

The city has a sound, sophisticated health care system and medical tourists from all over the world come to Chennai for their treatments. In fact, medical tourism continues to be highly charged as this type of tourism outweighs everything.

There are many variations in Chennai and it is a matter of pride that the city is ranked No. 2 in the country (National Geographic is the only city across India to be listed). Furthermore, the city features “52 places to go worldwide” written by the New York Times. In its 2014 Annual Indian City Survey, India Today ranked Chennai as the best city in India.

Jan 01
0

Chennai is the landmark for it companies

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Chennai, known for its engineering and manufacturing establishments, IT/ITES companies and port-centric businesses, has a positive real estate market. A number of reasons support this positivity. Well-connecting roads, easy public transports, developing infrastructure and increasing number of job opportunities are some of the reasons that affect the market positively.Chennai, known for its engineering and manufacturing establishments, IT/ITES companies and port-centric businesses, has a positive real estate market. A number of reasons support this positivity. Well-connecting roads, easy public transports, developing infrastructure and increasing number of job opportunities are some of the reasons that affect the market positively

Dec 27
0

Have you claimed these home loan tax benefits yet?

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For many, a dream is to buy and own a home. There is meticulous planning and saving to achieve this goal. One of the many things you need to consider is your home loan. However, applying for a home loan brings you one step closer to realizing your dream, which also comes with multiple tax benefits that you can claim. Considering your home loan can be a huge amount, it is important to be aware of these home loan tax benefits because you will be able to save a lot of money. Read on to familiarize yourself with these important home loan tax benefits.

Benefit on payment of interest

You can apply for a home loan for the purchase or construction of a new home. In this case, construction must be completed within five years from the end of the borrowing financial year. The EMI of your Housing Loan consists of two parts – principal repayment and interest repayment. Interest amount can be claimed as a deduction from your income up to a maximum of Rs 2 lakh as per Section 24 of the Income Tax Act of India.

If your property is self-occupied and construction is completed within five years, you can claim a home loan tax benefit, i.e up to Rs 2 lakh. However, if the construction time exceeds five years, the deductible amount will drop to Rs 30,000. On the other hand, if you are renting a property, there is no limit on how much you can claim as a home loan tax benefit, regardless of the status of the property being completed.

Benefit on payment of interest during the pre-construction period

If you have purchased property that is still under construction and you start paying EMIs on your home loan, your eligibility to claim housing tax benefits will only begin when the construction is completed. Now you can assume that you will not receive home loan tax benefits in the period between borrowing and completing construction. Let’s take a closer look, though. There is a provision in the Indian Income Tax Act under which you can claim deductions for such interest. Known as “pre-construction interest,” you are permitted to make deductions in five equal installments from the year you purchased the property or the year the construction was completed. Here, the maximum qualification is limited to Rs 2 lakh. You can also read our blog about what pre-launch means for more information.

Benefit on payment of principal

Section 80C of the Income Tax Act allows you to exempt a home loan tax benefit of Rs 1.5 lakh. This deduction is only available on the full structure of the property you have purchased. However, this benefit can be reversed if you sell your home within five years of the acquisition. Your claimed amount will be added back to your bank account in the same year you sold it. Section 80C gives homeowners the opportunity to claim deductions for amounts paid for various taxes and duties. This is the case regardless of whether you have taken out a home loan or not. However, you can claim that the exemption amount is in the range of Rs 1.5 lakh and can be claimed only in the same year in which these expenses are made.

Benefit for first time home buyers

First time homebuyers can avail multiple home loan tax benefits of up to Rs.50,000 under Section 80E. This is beyond the exceptions you can claim for principal and interest under sections 80C and 24. However, the value of your property should be less than Rs 50 lakh and the total home loan value should be less than Rs 35 lakh. In addition, the homeowner owns only one property and not multiple.

Benefit for co-borrowers and joint owners

For more home loan tax purposes, you can apply for a joint home loan with your spouse, relative or friend. In such cases, you can claim deductions up to Rs 1.5 lakh on principal and Rs 2 lakh on interest. To claim these deductions, both co-owners must be co-owners of the property. So if you are considering a home loan, be sure to read the various financing options available to you on these home loan tax benefits so that you can maximize your savings. Once you have your finances sorted, go to Sankar Infra Projects Pvt Ltd., to find your dream home.

Dec 24
0

Tax Implications on NRI Investment in India – Explained

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With government and tax reforms significantly opening up to them, it is time for non-resident Indians (NRIs) to invest in India following a simple guide to buying property. Indian expatriates have made significant contributions to the Indian economy through their investments, mainly in the real estate sector. By investing in India, they maintain an emotional bond with their homeland and make use of these investments for retirement or otherwise. Although they have access to investments in India like the native Indians, the tax rules and incentives are very different for them. For one, when an NRI makes some investments in India, they are asked to pay 20% tax. However, there are a lot of home financing options that NRI investors can choose from.
Under the Income Tax Act, 1961 (Indian Tax Act), there are some provisions for taxing one NRI based on two streams in the real estate sector – the income generated by the transfer of property and the income from renting the property.

Here are the following tax implications on NRI investment in India:

1.According to the Foreign Exchange Management Act (FEMA), there are different tax provisions for Indian residents and non-resident Indians. In terms of tax benefits, an Indian resident means someone who has lived in India for at least 182 days during the financial period. In addition, Indian residents are those who have lived in India for 60 days in previous years and at least 365 days in previous four years.

2.NRIs are taxed based on their earnings from India. Generally, they are taxed for the salary they earn, the rental income from their property in India, the income they earn from their fixed deposits in India, the transfer of interests and assets from banks based on their savings account in India. In India.

3.To understand the tax implications on NRI investments in India, one must also understand that there are some tax deductions available to NRIs. Under Section 80C, you can claim tax deductions of Rs 1.5 lakh from your total income. These deductions include the payment of a life insurance premium (if less than 10% of the premium amount), the payment of child tuition, investments in the Equity Linked Savings Scheme (ELSS), and EMI repayment for property purchases.

4.Under Section 80D, the Government of India allows a citizen to obtain tax deductions on medical insurance. NRIs can claim this deduction for self, spouse or children.

5.Double Tax Avoidance Agreement (DTAA): DTAA refers to an agreement between two or more countries that benefits the public in avoiding double taxation from the same income. In other words, DTAA applies to those who are not residents of one country but earn income from another country. Countries such as Canada, the UAE, Singapore, Germany, Australia, the UK, the USA and Mauritius allow the agreement.

Regulations for NRIs investing in Indian real estate:

Among the tax exemptions, it should be noted that there are certain tax withholding obligations imposed by the Income Tax laws, especially those involving property purchases from Indian residents and non-resident Indians. No wonder they say that for NRI investments, real estate is a good option.

1.In terms of property purchase, NRI may use Section 80 of the Income Tax Act of 1961. Whenever a property is purchased, it is for self-use, especially if it is the only property that an NRI has. If the purchase is through a home loan, then interest is deducted from all taxes using Section 80C, allowing a maximum of Rs 1.5 lakh for tax deduction. If an NRI has more than one residential property, then one of the homes will be self-occupied, and the rest will be evicted.

2.At the same time, rented property can be used as a form of secondary income. From the accrued rent, interest can be deducted for the taxable amount. 30% of the proceeds can be opened for exemption with a focus on deduction and home maintenance.

Dec 17
0

Benefits of Buying a Flat In a Gated Community

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Safety

A safe and secure environment characteristic inspires many to go to a gated community apartment. It provides human security and cannot be entered into the apartment without the proper permission of ordinary people. In addition, they offer electronic securities, for example, CCTV camera surveillance, electric fencing and intercom facilities.

Solicitors Cannot Enter

Day by day, the troubles caused by lawyers are escalating. The criminals disguise themselves and enter the house as sellers. Because the gated community is private, lawyers have a hard time getting access. The security element is one of the main reasons people choose to live in the gated community.

Celebrations and Social Gathering

A gated community has weekend social gatherings, festive celebrations and more. These meetings invite gated community families to participate in socialization, thereby strengthening unity among themselves. In addition, children will also gain knowledge about the importance of ceremonies and social gatherings.

Joyful Time for Kids

Another of the pleasant benefits of living in a gated apartment is the child-friendly atmosphere. Gated communities host a variety of activities specifically for children to showcase their talents in various fields. In the evenings, instead of sitting idle and watching mobile phones and TV, children can use the playground and spend time cycling, watering the yards, hiding and searching.

Maintenance

Nowadays, it is very difficult for people to do all the maintenance work. In gated communities, there is no need to worry about this. The management team of the gated community takes care of all plumbing work, HVAC, equipment repair, safety, cleaning, groundskeeping, pest control and so on. The management team also considers any valid suggestions made by residents.

Well-Integrated Facilities

To enjoy a comfortable lifestyle, the gated community offers mini theaters, well-built auditoriums, swimming pools, gyms and more. Also, some gated communities have waste management systems, rainwater harvesting systems and water recycling systems.

Greenery Landscapes

Gated community apartments are actually surrounded by large trees and plants. Residents can enjoy walking, jogging and leisure. In addition, the community provides all the comforts of growing plants and shrubs, as the environment gives a pleasant appearance.

Dec 11
0

Innovative Ways To Save Water In Your Apartment

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Apartment is the place where most people spend water according to their wishes and desires. Some spend it on necessity and some spend it luxuriously. Spending adequate amounts of water is admirable, but when consumption is beyond our need, it becomes problematic.

Many large metropolitan cities like Chennai and Bangalore are already facing water shortage problems. If we start taking steps to save water, it will help current and future generations.

In this blog, we are going to give you some amazing tips to help you save water while spending less on your water bill. Save on rainwater

About 5000 liters of water can be saved by fixing large barrels to catch rainwater during the rainy season. Your plants will also be happy that you gave them rainwater instead of purified tap water. If you want to learn more about rainwater harvesting, you can check out our blog.

Additionally, instead of using automatic sprinklers, manual methods such as hand-watering plants can reduce water use by 33%.

Wash Your Car Using Less Water

By washing cars at home, you can save 100-300 liters of water. First, you need to use soapy water paint, and then use a clean cloth to remove excess water. This way, you only take 20 liters of water to wash your car. You can also use waterproof car wash products to avoid the cost of water completely.

Fix Leakages

Approximately 10,000 liters of water is lost every year without addressing water leakages. So, if there are leaky sinks or running toilets, contact the maintenance department in your apartment immediately for assistance .

Save Water During Each Shower

If you want a satisfying shower without using too much water, installing a low-flow shower head is the best option. Installing showerheads with minimal water flow saves 189 litres of water. You can use it in your bathroom and kitchen sink of your apartment.

Double-Dip Dishes

To conserve water while cleaning the ducts, rinse with soapy water to heat one sink and another sink with cold & clear water. If you have a single model sink, you can use two bowls, one for washing and the other for rinsing.

Dual Flush

Flushing toilet accounts for about one-fifth of water usage. If you have a single-flush model in your toilet, consider turning it into a dual flush. You can use a small button and a large one to dispose of solid waste to flush liquid waste. To reduce water usage, you can also install a water displacement device in the old lavatory tanks.

Dec 10
0

Different Types of Apartments

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Alcove Studio
Alcove Studio Apartments is similar to a niche studio apartments. This niche is like a compartment, which has enough space to set up a single or double bed.

Convertible
Convertible apartments, also known as comfortable apartments, have a large area with 2 bedrooms. You can raise the wall to get an extra bedroom.

Loft
Loft apartments usually have an expanded space, like the auditorium, with no walls in between to separate each room. Some features of loft apartments include high ceilings, ventilator facilities, wood or concrete flooring.

Duplex / Triple
Duplex / Triplex apartments have two / three storeys. A private staircase was built to reach the second and third floor.

Garden apartment
The garden apartments are on the ground floor. These apartments are surrounded by yards, shrubs and plants.

Railroad Apartment
Railroad apartments have long & narrow rooms with no hallways. There will be five or six floors.

Multi-storey
Multistory Apartments are housing units in a building that is over five floors. It has elevator facilities, improved security and more. There is a large space available inside the complex.

Row houses
Rowhouse apartments consist of several houses with regular sidewalks. Facilities like water, electricity, parking and garden do not need to be shared with your neighbors.

Villa
Villa apartments are especially for those who prefer a luxurious lifestyle. This includes a pool, garden and lawn.

Gated communities
As the name suggests, gated community apartments are a collection of homes that provide a high level of security to its residents. Unlike members of these homes, outsiders cannot easily enter these apartments.

Condominium Apartments

Condominium Apartments is a multi-housing unit building, where each unit is owned by an individual. You will not have to worry about maintenance work as all apartment maintenance tasks will be overseen by the maintenance team. This is one of the main benefits of a condo apartment.

Serviced Apartment
Serviced apartments are exclusively for people who are accommodating for both short-term and long-term stay. They are fully-furnished apartments with a washing machine, dresser, and much more.

Maisonette
Maisonet Apartments are also known as small houses because it offers privacy, open space and free living space. They have stairs built inside the apartment. Highly recommended for joint families with many members.

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