Sunil Agrawal and Associates Team SAA, Author at Sunil Agrawal and Associates

Best Location in Indore for buying Flats, Plots and Villas

April 25, 2022

A centrally located residence with ample basic facilities is what truly makes a home. The ever-increasing population has resulted in diminishing residential land. This has made the dream of building one’s own home a far-fetched prospect. To turn this dream into reality, Sunil Agarwal and Associates have introduced the concept of living in your dream house on your terms and conditions. Located in the area adjoining AB Bypass Road, Indore, is the beautiful expanse of the ready-to-move-in homes that are built to suit your convenience. Keeping in mind the land-related issues, these flats, plots, and villas are residential solutions that people have been waiting for:

1. Commutation Solutions
Location is the key to deciding on a property. It should then align with commutation solutions as well. County Villas, situated on AB Bypass Road, is a perfect example of locational advantages. Shishukunj School, Jalsa Marriage Garden, Hotel Water Lily, and Decathlon Sports Mall are all located in close proximity to basic amenities.

2. Spacious Property
Properties situated on plots near AB Bypass Road have the advantage of space. Areas in the adjoining places add value to the property. The expanse accommodates a grandiose lifestyle alongside recreational facilities, cafes, and commodity stores. This spaciousness also caters to lush green gardens, a dedicated gym space, different sports arenas, and more.

3. Long-term Adequacy
The properties near AB Bypass Road exude the aura of familiarity and continuance. The houses of County Villa, Emerald Pratham, etc. render the ambiance of a home. The flooring has been divided into a master bedroom, living room, balcony, kitchen, toilets, and other bedrooms. The wholesome design couples conventionality with naturalness.

4. Amenities on the Tap
The strategic location of these properties comes with a steady power supply, safety & security, and good connectivity with all infrastructure.

For more inquiries, you can connect with real estate experts at – 8889350111.

Sanjana Park II: Best Option for Row Houses & Apartments Near CAT Road

April 2, 2022

Purchasing your dream home can be like a roller-coaster ride with multiple things to ponder and research. Since it involves an investment of many resources, making the right choice is a must.

Finding a place in the most prime location with lush green surroundings where you can relax after a long day, where your children experience playtime while ensuring that they are safe and sound, can be a difficult task.

The lockdown has also taught us how to be inclusive. A place with all premium amenities and facilities is preferred. However, finding the perfect property can be very difficult. The builder and marketer also challenge providing a distinctive end-to-end solution to fulfill the buyer at pocket-friendly prices.

More than two decades of experience have taught us precisely what our clients need. This is the reason we have come up with Sanjana Park II. Sanjana Park II is the venture of Agarwal Group, a name that stands synonym to trust. It is located Near Nakhrali Dhani, CAT Road, Rau. The infrastructure developed is unique, presenting facilities like never in the city.

Available in two living options, Apartments, and Row Houses, both available according to your needs and wants. With amenities like Club House, Gymnasium, Play area we are sure we have what you need. Rest assured about your children with CCTV system & Multi-layer security.

A jogging park and temple keeping in mind the needs of the elderly. Play area & Garden for children. A place close to nature, with thoughtful design, comfort with all amenities, recreation, and a majestic vibe. The roundabouts are surrounded by green flora, and the wide roads face the scenic view.

Experience living with us at Sanjana Park Phase II; call us now at 8889350111 or visit Real Estate Experts in Indore – Sunil Agrawal and Associates to know more.

Indian Housing Sector in the Epitome of demand

March 11, 2022

The Indian housing sector has seen a significant comeback post-pandemic. For a country with a progressive population, the pandemic boosted the residential demand. And this is only going to increase with Proptech Technology in the fame, predicts Deepak Parekh, Chairman, HDFC.

With easy liquidity conditions and investment rates as low as now, residential Real-Estate has seen a boost, with first-time homebuyers rising like Phoenix from the dead. After dealing with a hit during the Coronavirus urgency, the RBI regulated the repo rate, which also helped the Residential sector & Economy get back into stable conditions.

With the hush created by the new Proptech Technology, the most daunting part of Property Purchase would become more accessible by everyone. With the young generation taking the ladder up the income group, the desire to own a home has increased. The new blood choices are different from the age passed them, which has led to the increase in social culture.

If you want to invest, this is probably the best time to do it. With the extensive support from the policymakers to distill inflation, Residential Real Estate is bound to see a rise in the future. The cherry on the top, Proptech has aligned the formalities, paperwork, and everything that took time and made that process fast and safe. Investing in the Residential sector either as the last user or a mere investment is a good option.

3d Printing, building information modeling, Drafting, and other advancements served by Proptech would give juice to the innovative new generation ready to invest much earlier than the past generations.

A hassle-free way to invest with a rise and absolute growth in Residential Real Estate is increasingly estimated not only for Indore but for the overall Real Estate for the country. Happy investing! If you’re thinking of investing and want to know how to begin, get in touch with us at 8889350111.

Question to ask before purchasing a flat

March 2, 2022

It doesn’t matter if you are a first-time buyer or multiple; purchasing a property is always an investment of resources and time. It would be best to always ask these questions before buying a flat or an apartment.

What is the Location?
Location is one of the most important factors while purchasing a property. Your reason for the purchase would drive the right site for you. Ensure the rates are in coordination with the property and the building it is located in.

What is the quality of the construction?
It is essential to note the details and observe the quality of the construction of the property. A well-constructed building is vital for the overall safety of your investment and security. However, you can make it easier with the help of real estate experts in the industry for decades.

What are the amenities provided?
Driven by your requirement, make sure all the amenities you need and are paying for are well received. The design and architectural style, services, etc., are also some things you should focus on. Observe every detail, whether it is the state of the ceiling or the windows. We do not always think of these details, yet they are essential.

Does it serve my purpose?
At last, you should always see if the flat serves your purpose. No matter how modern the architecture is, it would be unfavorable if the space didn’t fit the purpose criteria. Make sure you find the perfect property for you.

Finding your perfect property with all the criteria checks is challenging and engages many resources, time, and struggle. We can clear the clutter for you. Give us a call at 8889350111.

Reasons why you should get Home Insurance

February 28, 2022

Buying your own Dream Home is a thrilling ride. With Insurance not being on the necessity list, it may get ignored easily. It is essential to protect something that involves planning, saving, and research and, more than that, your vision.

It protects more than your home
Home insurance protects your home and areas around it like your Garage, Shed & Garden. Have a conversation with your agent and with a little more add-on, and you can make sure about the safety of your interior like furniture, Appliances, and homecare items.

A variety according to budgets
These days, Insurance is available at many options from different homeowners’ different budgets. No matter which one you choose, it is still inexpensive. Insurance protects you from a forfeited situation when damage is not foreseen. It promises financial stability in cases of damage, and that safety proves to be golden in such times.

Protection from Calamities
Depending on the type of Insurance you opt for, most insurance plans also include the damage caused due to natural calamities. Henceforth, you also get protection from disasters like earthquakes and floods. In such moments, the least you need is to worry about is your home.

Home Insurance is like an investment that can protect you from losses that might happen in the future. Ease your life a little bit and protect your family from the possible blows that life might throw at a point. If you want to know more about protecting your home, give us a call at 8889350111.

Eye-opening Insights from the Webinar and Panel Discussion between the Real Estate Experts of Indore

February 15, 2022

A purposeful, innovative & enlightening session hosted by Sunil Agrawal and Associates to bring out Indore Real Estate industry insights for buyers. The discussion and treasured insights were shared by a panel of 4 designated speakers who are well known for their market expectancy and solid moves.

The shift in Consumer Behaviour & Construction Cost
Tapan Agarwal, the CEO of Emerald Developers, shared his insights about investors. Investors have realized that the end consumer gives a property the actual value. With a shift in consumer behavior, the new generation prefers open spaces with amenities and prime locations. He also pointed out that the construction costs have seen a dip. The construction cost, which used to be 30-35% of the land cost, has been reduced to 20-25%. 50% and more returns can be expected from well-developed projects as well.

Developing Indore, Developing Real-Estate
With Indore coming up as Health, Education & Corporate Hub, it has become central India’s migration epicenter. This means that Real Estate has and will see a potential rise, as pointed out by Mr. Tapan Agrawal. The consumer is driven by Quality primarily.

Post-Pandemic Progress
Nobody thought the real estate would bounce back, as it has during the pandemic. Other investments have diluted, with public funding converging to real estate, as Mr. Anuj Lal (CEO, County Walk group) discussed. It’s time for strategic investments. To begin with the effects of the pandemic, WFH culture took a shot. Homes are no more just homes. Homes are offices, schools, gyms, play areas, and everything you can imagine. This has led to a rise in the sale of luxury property. Distance from the city is accepted when the new generation gets more space. With big dreams & an open mind, Indore has a primary growth market for real estate.

Core trends of Indore for 2022
A Classic trend of expansive and open spaces is observed. The pandemic closing the doors outside has opened the diversity indoors. People are looking forward to facilities within the township itself. Luxury and Amenities have become the primary focus, told by Mr. Deepak Agrawal with 10-15 years of experience in Real Estate. Many investors are entering real estate after observing the bright future in the city of Indore. The customer bandwidth has expanded.

Concentration zones and investment area prospects
Mr. Vijay Gandhi, the spine of Kalindi Constructions, enlightened the prospect zones in the city. Bypass is expected to see growth. He stated that the past three years had seen 100% growth and expected more. Nanodh & Rau are two other places where you can look forward to residential development.

Summing up!
The webinar was a grand success, with significant insights discussed by the creme of the Real-Estate industry of Indore. Facilitated by Mr. Vipul Agrawal – Director of Sunil Agrawal and Associates (SAA), this session was highly educational and held prolific importance in understanding the current real estate market scenarios. Not only was it great for investment planning for the audience, but it also was a perspicuity into the vast potential that the city of Indore carries.

Money Saving Tips for First Time Home Buyers

February 8, 2022

Buying a house for the first time might not only sound exciting but also a bit overwhelming. As it is a major life decision, it entails a lot of decisions that might be nerve-wracking.

The decision of purchasing a home comes with a process that should be strictly adhered to. From finding a place to securing finances, from initiating an offer to signing a deal, it is not at all an easy process.

We’ve got you covered when it comes to the money-saving tips a first time home buyer must stick to before moving ahead with the final decision:

Study the market
Thoroughly study and analyze the market before confirming a decision. As house-buying is a milestone in life, this decision must be well-thought. This will give you an idea of the market rates and what the dealer is charging at the time of the final negotiation, thereby giving you the best price.

Create a saving account
Before hopping around the market for a house, make sure that you have a completely independent account for this purpose. Try not to make use of these savings. The more money you save here, the lesser the loan amount later on.

Define a budget
Defining a budget before the buy helps in additional costs that come attached with the main cost like down payment, escrow fee, insurance, property tax, and so on.

Low-interest rates
Choose a bank that offers low-interest rates to allow easy home loans. A deduction on one end is an addition on the other. These small savings will later add to substantial ones in the future.

Sign a contingency clause
Make sure to sign a contingency clause before finalizing the decision. This will help you to get back the money you used to secure the property(the earnest money) in case of any fall-through.

If you need advice on the purchase of property or suggestions on the best housing locations in the city, then consult our real estate experts at +91- 88893 50111.

Why Should NRIs Invest in Indian Real Estate?

January 4, 2022

India has become the fastest ever-growing economy, opening the door to many foreign investments at large. All these investments and constant demand for housing solutions have led to the boom- the real estate sector is enjoying today. Since its inception, the real estate sector has only witnessed growth and now is faster than ever despite the pandemic.

The pandemic has made people realize the importance of owning a home in their motherland. The Indian government has introduced numerous benefits for NRIs investing in the properties. All lands except for the agricultural lands are available to make investments and reap benefits. Recently, the purchasing procedure has become entirely hassle-free. Here are some more reasons to invest in Indian real estate.

1. Mode of extra income
This period of transitioning into the urban lifestyle is witnessing a high swell. Therefore investing in a property and renting it out later is can help you earn an extra income regularly. If we estimate the revenue generated from renting the property, you may reap up to 200 % returns on the initial investment. If you wish to resell a house after a while, three years is an ideal time to wait. Within three years, the property rates usually go high due to the constant development in the country.

2. Ample of investing options
Initially, the metro cities were a plethora of real estate investments from the NRIs as they were most beneficial when it comes to buying a property. However, it held back many people to invest in property due to the sky-high rates. Since 2014, India has been undergoing rapid development, especially in the real estate sector in tier-II and tier-III cities. This development has opened many avenues for NRI investors to find their perfect investing options in any city they like at fair rates.

3. Constantly declining INR
We are all upset with the constant decline in the rupee as it indicates a damaged economic situation concerning the country. However, it has made more NRI investments possible. The property rates are now cheaper and much more affordable than any foreign currency. It means that NRIs can buy more land in India in their budget than the space available in the foreign lands.

4. Relaxed investment laws for NRIs
To make the market much more approachable for the NRIs- RBI has eased some investment laws to favour the NRI investments. Now, the property buying process in India is much faster and requires less paperwork than before. The compulsion to acquire RBI permission before buying a property is revoked. However, a permit is needed in the case of agricultural land.

5. Transparent transaction
RERA act was passed in 2016 to reduce the delay of project compulsion and fraud associated with buying properties. The act has empowered property buyers. Dealers and developers are now compelled by the law to disclose complete information about the property. RERA also gives investors many privileges along with rights. Implementation of GST is an added benefit for the NRI investors as now they cannot be duped into paying extra money for the property due to this uniform tax system.

Learn more about the benefits of investing in the Indian real estate market. Consult our real estate experts.

Important Facts to Know about Property Registration in India

January 3, 2022

Owning a home is the great Indian dream! It starts young and slowly become a significant milestone of adulthood. As soon as individuals find financial stability in their careers, they start saving and searching for the perfect property. It takes a considerable time to find the quintessential home, and when you do- do not rush into the deal.

There are some crucial foremost steps to buy your home. The initial step is to fulfil all the legal formalities correctly. As per section 17 of ‘The registration of immovable properties in India,’ passed in 1908, there are some essential formalities to undertake while buying and registering the property.

1. Registering the property to your name
The first thing after finalising the property is to register it to your name. To do so, you are required to pay the stamp duty amounting to 5-7% of the property value. The stamp duty is a tax paid to the government of the state. You can buy this stamp paper online or from an authorised vendor. The preparation of the same depends on the nature of the transaction. Indian women receive a 1-2% concession on the stamp duty given that the registration of the property is under their name.

2. Tête-à-tête with the sub-registrar
To register the property under your name, you need to visit the sub-registrar office to ensure the completion of the process. It is mandatory to carry legal documentation, such as the date of certificate or embossing, classification, stamp duty, RTC, Form No. 1, Form 60 and 61 PAN. The registration fees totalling around 1% of the stamp duty is charged in the process for most cases. A witness’s signature is also required. After the registration process, the buyer becomes the owner. Ensure to collect a copy of the registration papers from the sub-registrar office as scheduled.

3. Deadline for the property registration
According to the property registration act, the property document must ideally be registered within the four months of the purchase. If the timeline for the same exceeds, then the buyer is obligated to write an apology to the sub-registrar. Depending on the delay, the sub-registrar may impose a penalty to register the documents. This fine could be ten times the original registration fees.

4. Understanding the importance of property registration papers
Property registration papers are crucial documents for a home buyer to have. The absence of the papers may lead to grave consequences. These papers are proof of your ownership. It is advisable to invest in a dispute free property and go an extra mile to ensure that. However, if the property becomes disputed under some circumstances, not having these papers poses a greater risk. There’s a high risk of losing the property and all the money invested. It could be acquired by the government at any time if needed.

5. Benefits of property registration
The registration papers indicate your ownership of the property. If you decide to resell the property in future, these papers will be needed to transfer the registry from one person to another. It makes the process hassle-free.

Benefits of buying ready to move in flats in Indore

December 25, 2021

As a homebuyer, when you have to choose between an under-construction home and ready-to-move-in flats from the extensive array of options available, confusion is inevitable, especially when it comes to a hustling and growing city like Indore. In this fast-paced lifestyle, the process of finding the perfect space for your abode and waiting for it to be ready might be adding a lot to the platter. Ready-to-move-in flats save you a lot of time, effort and energy. These are some pointers to ponder upon while taking the final call:-

1. Assurance of quality
You don’t have to worry about the quality of the raw material used. You get what you see. Besides, you don’t have to settle for less with all the options available.

2. Eased Loan policies
The process of getting a loan for already built houses is much easier as compared to the under-construction homes. The reason for the high approval of loans is the certainty and no risks of delay.

3. Secured campus
Most ready-to-move-in flats are a part of the township, thoroughly secured with CCTVs and on-duty guards, making it safer for residents. The houses are close by, discouraging attempts at misdeeds as the threat of being heard or caught is higher.

4. Amenities
Most townships design and plan the houses for leisure. The amenities such as pools, gyms, parks, etc., within the residential space, add more to the comfort and ease of living.

5. Asset Acquisition
Owning a ready-to-move-in flat is a profound asset as you can earn a handsome amount, depending on the location of your ready-to-move-in unit. Renting out the place is one way to do so after investigating the rentals in the neighbourhood.

6. GST Free
In Indore, the ready-to-move-in homes are excluded from GST however is applied to under-construction properties. With the non-occupancy of many flats in Indore, the price difference between the constructed and under-constructed properties has narrowed.

7. Ready Possession
The best thing about ready-to-move-in flats in Indore is that you may start living there right away after the formalities are completed.

The surroundings and infrastructure near the ready to move in units are well developed in Indore, making the commute accessible and hassle-free. The presence of schools, colleges, hospitals, shopping complexes, and more make these locations desirable in Indore and adds to the quality of living.

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