What’s the Advantage of Investing in Pre-rented Properties in India

Property Dealer in India

First what is Pre Rented Property in India it is a property that has tenants already utilizing the space and it is being sold on the market is called pre-rented property. 

Many Investors earn a handsome income by investing in pre-renting their properties. In the present time when most the places have been developed, demand for residence, shops, and offices has grown up, this type of investment strategy is proven some incredible stability.    

Whether it is a residential, commercial, or mixed property, It one of the main ways Investors benefit from the real estate markets. If you’re thinking of expanding your real estate investment portfolio with pre-rented properties in India, here are some of the benefits you should know about

The Advantage of Open House

Property with tenets already in the vicinity draws greater customers for the assets, giving a bonus If you ever wish to resell the property. Also, you may deal with the fee of repair & maintenance using the monthly profits in the form of the rental.

The Advantage of Automatic profits from Day Zero 

Suppose you put money into an asset. Now in case you need to earn from it, you want a tenant and now and again it takes time to occupy your area. But withinside the case of purchasing pre-rented assets, you begin incomes from the first actual day. 

One of the essential advantages in buying pre-rented residences on the market in India is the assurance that you’re going to get hold of constant rental earnings for the subsequent three years and also you need now no longer require finding tenants again.

The Advantage of Tax saving advantages 

You ought to pay 30% tax on the profits earned from the pre-leased assets for repairing and maintenance. Now that you have bought the property and it relies upon up how much you want to pay and what you cut from the taxes using the rented property excuse.

The Advantage of Easy Bank Loan

If you have a validated track record of success, in real estate, the financial institution can cough up to 90% of the loan on such residences; In fact, banking establishments favored pre-rented properties compare to the usual properties for the loans process.

The Advantage of Price Appreciation on Reselling: 

You can display the preceding receipts for the previous couple of years to buyers that how a great deal you’ve got and how much you earned from the stated assets. Rental profits maintain to growth through the price of three% to 5% in each one or years in residential assets and as much as 14% in business assets.

A Word of Advice

Most people invest in real estate to earn money and investing in pre-rented properties in India is really fruitful, so, you can do it too. Contact us today.

Buying An Apartment Or Independent House?

real estate

Having a home is a financial goal that exceeds nationality and religion. After completing the financial planning and necessary savings, now the questions come whether to buy an independent house or an apartment.

The increasing number of family members, chick lifestyle and inter-state movement of the population for jobs headed to the practical flourishing of apartment lifestyle in the big cities. If you’re looking for a property but confuse between an apartment or an independent house then you need to consider the following points.

Cost

The purchasing value of an independent house is much higher compared to a flat, as result the home loan requirement is increasing drastically. The cost of the plot increase more due to its value, the clearances certificate from MCD or other authorities, the stamp responsibility paid to the Government, raw materials, labour wages and the architecture cost in care of revamps.  But in the case of a flat, the builder deal with all the technical formalities and you just need to pay the exact amount that the builder asks. But as a future investment, an independent house can give you twice more than you can expect from a flat.

Facilities

Buying a flat comes with various facilities including security, backup energy, 24X7 water supply, parking space whereas in an independent house you need more effort for setting up these services. If you want all these properties for an independent house, these all facilities can cost upt0 10-20% of the property cost. Also, setting up such properties can take a long time.

Sale

Compare to independents villas or residents, money appreciation hasn’t always been as excessive as an apartment. It is because of the initial capital involved and the limited demand compare to flat. It’s because of the excessive initial capital investment and the limited demand compare to flats. Due to the identical reason, it’s not easy to sell an independent house. On the other side, apartments are in high demand and easy to sell or rent.

Living in an independent flat encourages homeowners to live in harmony with social abode without discrimination of caste or faith on-premises. There is social members of all walks of lifestyle are welcomed which is missing in independent house living.  

Conclusion

In the market of real estate, there are two kinds of prospective buyers. Some buyers want property for personal use while others want to make the most of an investment opportunity. If you’re looking for a long-term investment then go for an independent house and a short-term go for an apartment. If you’re looking for a rented property in Noida then contact us now and get the best deal without any hassle!

Best Way To Set Budget For Home

House,Key,In,Home,Insurance,Broker,Agent's,Hand,Protection,Or

With the increasing demand for household needs, it’s become hard to make a saving budget for a new home.  Rented property in Delhi is getting high, if you’re planning to set saving for a new house, the first thing you need to do is maintain your house budget.

To know how to establish a household budget may take some time so grab a cup of coffee and set aside a plan now!  If you’re not sure how to start or what to consider then take a deep breath and get through the following points.

Set Your Goal

To start your saving, the first thing that you should consider and focus on is your goal. Saving for a home is a long-range financial goal and if you have dept then it could be tougher. To make your saving more flexible and easier, eliminate the extra expenses like spending on the essential thing, subscriptions, dining out and monthly vacations. Making required payments is essential to financial solvency, but paying debt early, while not required, can make long-term sense.

Calculate The Income

If you’ve determined your financial goals, now it’s time to plan for reaching them. To execute the plan, you need to evaluate your income and expenses.

 Make a list including monthly salary, bonuses and part-time income. Once you add the number, subtract it with your monthly expenses. The next part of the equation is your expenses, which fall into three categories: fixed committed expenses, variable committed expenses and discretionary expenses.

Revisit The Budget

After monitoring all the income and expenses for a month or two, there are still many areas where you need to work. If your initial monthly income estimates were off, or perhaps you didn’t consider costs like car repairs, or veterinary bills.

Once you’ve done all the kinks in your budget, you need a commitment to following them. Remember, no budget can last long therefore the reviews are key to success.

Dedication

Having a budget and saving is an excellent step to get your dream home. Dedication is the key and budget is your source that can make your dream home. So be realistic, assess it often and don’t be afraid to adjust because budgeting is all about stability.

Final Words

To have a home is a dream of most people, some even achieve it with their dedication and hard work. The best way for you to do that is by accomplishing by creating an annual plan that covers your fixed costs like rent and other payments. If you properly discipline yourself, you’ll see your savings grow and in the end, you achieve your goal.

How Your Ideal Office Space Should Be- Professional Tips For Choosing

The efficiency of the enterprise depends on several factors. Among the most important are the working conditions of employees, which are determined by the characteristics of the office.

That is why the correct answer to the question, what should be the office space, affects the final success of the business.

Office rental is very common today and is very popular not only among novice businessmen or small entrepreneurs. Even reputable companies often prefer to rent an office space for their representative offices in other cities, and then acquire their own building or space in modern business centers.

Choosing an office: basic criteria

In the process of finding a suitable premises, the head of the company must put himself in the shoes of a client or a visitor and answer to himself a number of questions before entering into a lease agreement.

All of them will concern the location, technical condition and comfort of the future office. Will it be convenient to get there? Is there where to park the car? Is it easy to find? What is the impression of the furnishing and renovation of the office? Is it comfortable in it?

The more you give affirmative answers, the more reasons to make a positive decision about rent, but provided that it is adequate cost.

So, what characteristics will be decisive in the search and selection of the future office space:

  1. Location, distance from the center;
  2. Improvement of the adjacent territory;
  3. The presence of a well-equipped parking area;
  4. Proximity to infrastructure and transport;
  5. Area, layout and number of offices;
  6. Quality of interior decoration;
  7. State of engineering communications;
  8. Availability of communication and quick access to the internet;
  9. The presence of security, video surveillance, alarm;
  10. Additional premises and services of the lessor;
  11. Terms of rent and payment.

The reputation of your company can seriously suffer from the wrong choice of office, because a nondescript sign on the first floor of a residential building, peeling basement and loose steps will not add solidity to the company. For this reason, you should not save too much on rent. We must try to find the best rented properties in Delhi for both the prestige of the company and the convenience of employees.

Which is more profitable: buy or rent?

The first and key question when choosing an office sounds extremely simple – rent or buy? The purchase requires the diversion of serious financial resources. Another drawback of such a solution is the binding to a specific place, which is far from always suitable. An additional disadvantage is the need to pay property tax.

The following are the essential advantages of renting Rented Property In India:

  • The minimum entrance fee, which rarely exceeds 2-3 monthly rental payments;
  • The ability to change the location of the office if necessary;
  • Lack of responsibilities to engage in non-core activities – maintenance of office premises and other related work.

The main advantage of renting an office is variability, which provides a businessman with additional opportunities for developing his own business. Therefore, there is nothing surprising in the fact that a significant part of business entities prefer

Tips To Avoid Mistakes When Renting Your Home

rented properties in Gurgaon

Whether you want to buy a house or apartment with a tenant inside, you should avoid certain mistakes, that said, keep these keys in mind when buying a home with a tenant:

Does the tenant have a right of first refusal to the home?

This is like football, it may be the case that the person who resides in the house has the right of first refusal to execute the purchase. It is important since at the last moment you can exercise this right stipulated in your contract. The seller must inform the tenant of the offer and he must decide if he has this clause.

It may be the case that not only would it have the right before you as a possible and future buyer, but that it may even exceed the right of purchase of any third party.

So our recommendation is to consult both the seller and contact the tenant to find out their intentions. If there is no interest go ahead. And if there is no clause, also go ahead.

Does the house or apartment have charges or pending taxes?

This which seems minor is not. As you would do with any property, the first thing you should do before buying and signing anything is to check that the rented property in Gurgaon that will belong to you does not have any type of tax burden, or tax or pending tax to pay.

What type of investment is it? Is it safe?

Of course, this is a different purchase because someone resides in the home. But it is a normal operation, more common than you think and above all, safe.

We say safe for several reasons, the first because the tenant will continue to pay you for what you get monthly money and second the tenant enjoys the apartment until the rental contract ends.

The person who lives does not care who the owner is as long as he maintains the services and rights signed in the rental contract as well as complies with the obligations of a landlord. So it is a win-win situation for both parties (both the owner and the tenant).

The contract is sacred

As we have told you at the beginning, the law protects the tenant, so no matter how much you want, you cannot throw it out during the current time of the contract signing.

Once the term of the contract ends, you can execute the option of not renewing it, either to rent it again or to sell it. Whatever the case, if there is a signed rental agreement, forget about breaking it.

Breach of rules and rights

In the same way that you, as the owner, must respect the rules and rights that you have as the owner, the same happens with people who live for rent.

Tenants also have obligations to fulfil and if they do not do so, above all, the basic and most important ones such as taking care of the apartment, paying the monthly payments and respecting the home, actions can be taken against them.

One of them is to request eviction, especially if there are defaults and for this you can and must initiate a judicial procedure. The tenant can refuse to leave the rented properties in Gurgaon voluntarily, if he does, you must and you can evict him if it is shown that he has effectively not fulfilled his obligations.

Tips to Minimize Your Home Buying Stress

real estate agents in Delhi

Buying a new home can be a daunting task, especially if you’re buying it the first time. It’s a complex process comprising both potent emotions and financial stress.

Even the process seems quite simple, but just one mishap can end the complete deal. No matter how hard you try to buy a home but some aspect of buying a house is beyond your control.

If you’re in search of a new home but don’t have any idea to cope with home buying stress then the following tips would be very helpful for you to minimize your home buying stress.

Understand Your Requirements

A real estate agent can assist you to find the right home but can’t read your mind and requirements. If you’re precise about your requirements and can provide a little direction to your agent, then it would be much easier for you and your agent to find the right home for you and your family.   

Make a Checklist 

Having a detailed checklist that contains exactly what you need in your perfect house could minimize your stress home buying stress. 

While searching for a home, don’t compromise with your major requirements and priorities your need and determine which features you can live without. Surmise that it’s unlikely you’re going to find that carbon copy home of the one you’ve dreamed.

Go for Pre-Approved Home Loan

Buying any property can drive to some serious headaches. Suppose you choose a perfect property for your home and later find out that you’re ineligible for financing it then it could leave you heartbroken. But if you have a pre-approved Home loan, then you can save yourself from such situations.

Choose the Right Real Estate Agent

Buying a new property is a hard nut to crack, especially without the help of real estate agents. They help you find the right property that certainly meets your requirements, budget and expectation.

Even in some situation, the seller has an agent that tries to sell you the property at a high price with some extra charges of documentation. That is why a real estate agent from your side will assist you through all the complexity of negotiation and extra charges from the seller side. 

If you’re looking for the best real estate agents in Delhi, then Jain Estates is would be a perfect Estate consultancy firm for you. With years of experience with a strong and experienced team of professionals will fulfill all your estate requirements.

Recheck the Purchase Offer

Before searching for a new home, get a copy of the purchase agreement that your agent uses. Your purchase agreement contract that comprises the terms and condition of a home sale.

Instead of waiting until you’re ready to put in an offer, make sure that you review it carefully in advance and ask questions about the terms that you don’t understand.

Pay Attention to Your Real Estate Agent

Unless you have a background in real estate, your real estate agent knows a lot more than you do. You hire the agent to assist you to find a perfect house under budget, thus it’s very important for you to pay attention to your agent’s advice. In short, once you provide the destination, let your agent help get you there.

Buying a new house is always an anxious moment, but don’t forget the fact that this is supposed to be an exhilarating time – not an occasion to lose sleep and have frenzy attacks. With the following home buying tips, you can minimize your stress prepare yourself to buy a perfect house. 

6 Expert Tips To Find The Perfect Office Space

fully furnished office spaces in Delhi

It’s always a challenging task to find the ideal place for office space to start a new business. As a business owner, you want to have all the amenities you require to operate, but you don’t want to be overburdened with a sky-high lease payment.

Besides, keeping the check of costs and rent terms makes a difference whether your business strays float or grapple financially. 

However, finding the right place that satisfies all your requirements of office space could be a fine line to tread.

If you have a small business or a start-up one and struggling to find the right office space for your business, then these tips will be very helpful for you to find the right place for your office space.

Don’t Waste Time For the Perfect Place

There is nothing perfect in this world! So instead of finding a Perfect Office Space, make a list of what’s important for you and rate office space according to the list. Be more practical and stop wasting your time to find the Perfect Office Space.

Keep Cost Minimum

As a startup business, spending more than required can damage your business growth. It’s always a better option to keep cost minimum even if it means sharing desks in the office or working from a hallway. Try to avoid spending too much money on fancy office and furniture. You can also consider a shared workspace where you are not committed to any commercial lease.

Optimize Around Commute And Compensation

While searching for office space, using team commuting methods, you can enhance your business efficiency. The method helps you calculate the employees’ travelling time and you can search for a location that minimizes the commute times of your core team. Less travelling time means your core team spends more time on work and family, this improves productivity and work-life balance.

Keep Your Priorities First

Often you can’t have all you want, so you need to determine what’s most important for you and your company. A good amenity surround office space such as parking, building security, Wi-Fi and water facility should be your priority while searching for a new office space.

Maximise Most of The Time

Before finding the right space for your office, remember that you’re not only searching for space for your business but also utilise the after-hours. So, consider a space that can host network events that connect with the community and provide business development. 

Consider space with Flexibility Lease Terms

As a startup business, non-one no what will happen in the future. You hope for quick growth but if it doesn’t pay out; you don’t want to lock yourself in the expansive long-term lease. That is why co-working would be an excellent choice for you if you want to share your expanse and have flexible lease terms.   

The level of competition is rising each day and to thrive and grow a business such competition is the real challenge. Laying the framework of your business with the above tips will help you endure the storm of competition and set your business up for success.

If you’re in search of best office space in Delhi then Jain Estates would be a great real estate consultancy firm for you. For any query or information contact us Today!

Keys To Buying A Rented Home. It Is Profitable?

rented property in Delhi

Is it possible and profitable to buy a house or apartment that has a tenant? In this article we are going to tell you everything you need to know about buying a rented home and for this we are going to give you a series of tips and keys so that you do not have problems in case you decide to buy a home with a tenant.

Buying a rented home, to what extent is it profitable?

We go in parts. First of all, acquiring rented properties in Delhi is more common than you think. Obviously, not everyone does it, but it is not as strange a situation as you might think.

Above all, it does not attract so much attention if we think that there are other scenarios in which there are people who sell their home and continue to reside in it or there are even situations of people who want to buy a house while selling theirs.

For all this, there are buyer profiles who buy a home thinking about an investment since they have a business idea and want to obtain economic returns with it. This profile or anyone else who thinks about this possibility must take into account the following aspects:

It is profitable?

First of all, answer the question, yes, it is profitable. In the following link we will tell you some real estate investment alternatives among which rent and sale are present, although there are more, and some of them are interesting.

Therefore, the key in this case is the duration of the contract. The question and what you should ask yourself is if you want to keep the house with a tenant who has a long rental contract.

In the event that you have the apartment for rent and we want to sell it in the future, we must establish it in a clause included in the contract.

Assuming that this clause is active, the contract must always be respected and in all cases since the current law guarantees that future owners of rented property in Noida must respect the tenants regardless of whether or not the rental contract is registered in the Registry of the property.

That is, you must take into account the duration of the tenant who resides in the apartment. Maybe he has a year left, like two or three of the contract since he just signed it recently, if you don’t care about the purchase.

On the other hand, think that tenants can also request a rental extension at the end of the contract in the event that the owner is a company or real estate and not an individual.

But this changes with the purchase of the new owner, so it would be necessary to agree on the situation once the contract is finished.

Of course, when it happens, the tenant can ask to continue living in the residence, but that the owner wants and can is another matter.

It is not obliged and has mechanisms to get the tenant to leave once the contract ends. That is why we say that it is important to know how long the contract is.

Office Rental: All You Need To Know To Rent An Office

For any professional working in the private sector, having an office is vital. Given the economic realities, leasing appears to be the best alternative to achieve this end. Let’s look at the outlines of this type of rental.

Office rental: what do we mean by “office”?

The “office” can be defined as being the nerve centre of decision making of the professional within the framework of his activities. For this purpose, it is therefore generally a furnished room which is not used for production, nor for traffic, nor even less for the sale of goods.

What types of offices to rent?

Everything will depend in practice on the nature of the activity carried out by the professional. Indeed, like homes, office premises also come in different surfaces: 50, 100, 500, 1000m² etc.

It is therefore up to the professional to determine which category of surface suits him according to his activities. It should be noted, however, that in general individual desks cost much more than other categories.

This is particularly true for small and medium-sized premises, the most sought after on the market, especially in large urban areas. To get around this economic reality, the ideal is to rent office space in Bhikaji Cama place located in a business centre.

In fact, in these “business hubs”, in most cases, the landlords turn out to be tenants themselves. These are often large-scale companies specializing in the management of business centres.

For this purpose, they therefore sublet the premises. And since the subletting is generally less expensive than a first-rate rental, the professional will find his way economically.

Apart from the “business hub”, another solution exists: apply to obtain premises within a business incubator. Given the objective of this type of organization (helping to launch young businesses), generally rents are more than affordable.

Recommended types of lease for an office rental

Three types of office rental lease are possible for renting office space:

-the short-term lease,

-the commercial lease

-and finally the professional lease.

Regarding the first, it is generally used for premises located in business centres or business incubators. It is stipulated for a maximum of two years, non-renewable.

The short-term lease has significant advantages. Thus, for example, the amount of rents is fixed once and for all when the lease is concluded. No risk of revision therefore. But the main drawback remains the inaccessibility of the right to automatic renewal as in the commercial lease.

The latter is precisely the second type of lease possible in the context of the rental of office space. Indeed, despite the fact that such a lease is in principle reserved for traders and craftsmen only, professionals exercising freelance trades also have the possibility of subscribing to it.

The only condition is to obtain the agreement of the lessor. For the professional, renting an office under the commercial lease regime will have many advantages.

The main ones reside on the duration of the lease (9 years minimum), the right to automatic renewal of the lease, or the right to receive eviction compensation in the event of termination.

Finally, lastly, it is also possible to rent an office under the professional lease regime. Unlike the other two, this type of lease allows the premises to be rented for at least 6 years.

Although less protective than the commercial lease regime, the professional lease nevertheless has the advantage of being more flexible.

To get the right office space for your business, our suggestion for you is to contact real estate agents in India.

Whatever the type of lease, it is incumbent on each of the parties involved a certain number of rights and duties: there are thus certain obligations of the owner of offices to be scrupulously respected, just as there are certain obligations of the lessee of offices to respect everything. also conscientiously for a harmonious professional rental.

Invest In Rented Properties And Get Profitability From Day 1

Compared to other products, such as investing in the stock market for example, investing in a land for sale in Gurgaon is simple because in many cases our personal experience and knowledge of the environment play a great role, all or almost all of us have bought a property at some point and have access to experiences first hand on the rental plan.

land for sale in Gurgaon

Although it is true that, a priori, great technical knowledge is not needed for the selection of a property, it is necessary to take into account a series of elements before embarking on the real estate adventure.

Likewise, there is a relative simplicity in the management of the investment after the purchase, since it is based on concepts that we know.

Two-stroke profitability

When we invest in properties we can have two types of profitability, the one that we can obtain from the rental of it and the one that we will obtain from the sale of the property, that is, the capital gain.

The profitability obtained from the rental of a property is easy to calculate and very tangible. Although the expected return at the end of our investment in rented properties in Delhi is merely speculative, and much more difficult to determine, especially in the medium-long term, but it is still a value that tends to rise.

Control over investment

When investing in the stock market, it is usually necessary to hire a “broker” to carry out the operations for you, and the value of any participation depends on market conditions and even on the actions of the people who run that company as well and macroeconomic factors, where a high level of uncertainty is assumed.

This does not behave in the same way in the case of property: once it has been purchased, you are the direct owner of the asset and have full control over it.

This is something very powerful, as it means that it can influence both the value of the property (adding value) and the cash flow (for example, increasing the income obtained from the rent).

Investing in real estate offers control that other products either by nature or management do not offer.

A property can be sold when desired regardless of how the market behaves and even when selecting tenants we can choose those that best ensure profitability or lower risk.

The price is flexible

When you buy a share, you buy at the current market price: there is no margin to trade. In the real estate market, it is exactly the other way around: buying and selling is all about negotiation.

When you buy a property you can convince a seller and, likewise, a motivated buyer could pay more than expected for the right property.

There is also a margin to find undervalued properties that can come from difficult personal situations or an asset liquidation that requires immediate liquidity. To get the best deals for buying or investing in properties, our recommendation is that one should turn to property dealers in Noida and avail their best services.