Financial Nitty Gritty While Buying a House

People planning to buy a house have to go through various steps where a decision needs to be taken, that would directly impact their finances. The major ones being decision related to home loan, their budget for buying a house, stamp duty and other charges etc…No matter where one is buying a house, here are some important tips on the financial front.

Budget: This is the most important factor while buying a house and based on one’s budget, the loan needs to be taken. Thumb rule is that one’s EMI should not exceed 35-40% of the take home income for the month to take care of the ‘uncalled for’ expenses. Charms Castle, Ghaziabad, is one such project that has budget friendly units to offer promising high ROI.

Home Loans: Whatever the cost of the house, please remember that the banks will only finance 80% of the cost. Also, this does not involve the stamp duty and other charges that are payable towards the end, if the house is still under construction. The stamp duty and other charges can go up to 10% of the cost of the house. Here, it is worth mentioning that Charms Castle flats’ price is definitely competitive and pocket friendly.

Home loans can be fixed or floating. Fixed interest rates do not change throughout the loan tenure whereas a floating interest rate would change as per the market rate. The only way of saving yourself from paying these high interest rates is to prepay your loan, therefore, while taking the loan from the bank please ensure that there is no ‘prepayment penalty’ being levied. The most important factor while applying for your home loan is that you need to ensure the credibility of the project as well as the developer. Although banks and housing finance companies are pre-approving residential projects by carrying out property due diligence themselves, but It is also important for the buyer to ensure this. There are some projects which automatically have credibility because of the name of the developer attached to it, for example the Charms Castle Raj Nagar Extension, Ghaziabad.

The payment to the developer, if one is going for an under-construction project, can be made mainly in three ways: Down payment plan- where the major chunk of the payment is paid upfront to the developer. Construction linked plan- where different percentages of the amount are paid according to the completion stages of the project. Flexi-payment- which is linked to the time and construction state of the project. It is advisable to go for a lot of research on the matter before a decision is arrived at.

Check Your House With Feng Shui Before Purchasing It

When you have decided to purchase a home, it is stressful process until you finalize one to buy. But before that there are a lot of things which need your attention Galaxy Vega is one of them. Your dream house will be a place where you will have fun with your kids, enjoy parties and relish the home made food. It will be the most important place of your life. Many people search and finalize with the preconceived notion that they will sell it, if it could not satisfy their requirements. They simply invest in it to get a return from the real estate. But if you want to spend your rest of your life with your family at this place, it needs a few degrees more attention. There are a lot of things that you need to sort out like some problems in structure, interior or any kind of fittings, be it electrical, bathroom fittings or kitchen.

If you believe in Feng Shui, you can find out the problems in your future dream house and before getting in try to solve them. Most of the problems can be resolved. For instance let’s take the bathroom location. According to the Feng Shui your washroom must not be facing towards the main door or located near it. And in case you happen to have the same you can activate the energy by coloring the walls of the bathroom in the recommended color. Galaxy Vega Noida Extension offers three kind of floor plan to select from.

If your bathroom faces the south-west direction, you are not supposed to activate the energy because it may have adverse effects. There are many things which can be taken care of but for a complete know how on the subject of dealing with the Feng Shui problems, you must take the services of an experienced Feng Shui advisor.

Galaxy Vega is one such project which can suit you and have the capability of satisfying all your needs, be it Vastu Shastra or Feng Shui. They do fulfill all these requirements and at the same time they provide a structure that is earth quake resistant. Galaxy Vega Noida Extension structure is RCC framed and is also certified by IIT. They have excellent interiors as well as exteriors with competitive Galaxy Vega Flats price. They have colored the outer walls with weather proof finish in attractive shades. They have used best quality vitrified tiles in kitchen, bathroom, and bedrooms. For master bedroom they use laminated flooring that can attract your attention and can satisfy your craving for something different.


Visit galaxyvega.in for details.

Owning A House A Profitable Venture

Buying a house might be the biggest investment that one makes in his entire lifetime, but the profits that one reaps in the following years far exceed the initial purchase amount. Hence, buying a house definitely has a lot of advantages:

1. Long-term investment- Leads to wealth accumulation for those who keep the house for a longer period. Therefore provides steady returns on the investment made.

2. Your own house- Provides a sense of privacy and security. It is something that can be passed down to future generations.

3. Costs less as compared to renting- Paying the EMI for a fixed period of time is better that paying rent for your entire lifetime and not even owning a house at the age of retirement.

4. Tax benefits- Leads to substantial tax savings when taking a home loan.

5. Value appreciation- One can expect to build equity as the value of the house appreciates over time.

Hence, investing in buying a house is always profitable as the property prices increase with time. Today, when there are hundreds of projects coming up in Delhi NCR, one also gets to choose the best project, whether the choice is based on the amenities offered or the budget. There are all kinds of options available. There are a few projects which are budget friendly and are also offering the best facilities.

One such project is the Charms Castle at Raj Nagar extension, which has flat sizes starting from 550 Sqft and going up to 1850 Sqft. If one goes through the Charms Castle price list, it becomes quite evident that the rates are highly competitive and one gets to choose the payment plan option as well. Even with these low prices, the amenities being offered are comparable to any of the ‘luxurious villa projects’. Some of the amenities are: A mini golf course, a basket ball court, a badminton court, a swimming pool, a tennis court, a gym and spa and many others. Hence, Charms Castle is definitely a project worth considering when planning investing in a house. It’s located on the six lane highway, NH-58, Raj Nagar Ext.Ghaziabad and is quite near to the IMT Delhi and IMT main campus, new Ghaziabad railway station and new bus stand in Ghaziabad. In addition to the above, the project is being developed in an eco-friendly manner with all the safety measures being taken into account like earthquake resistance, proper fire fighting system etc.

Visit - http://charmscastle.co/ to buy home at Raj Nagar Extension, Ghaziabad.

How to Buy a Dream Home for Better Resale Value

Buying a home is a task which we do once in our life, we do purchase many automobiles for convince, like cars, and motorcycles. We do change models colors, and brands but we invest in our dream home with the hope of living rest of our life there. So it is very important to take the right decision to buy a house which not only fulfills all your requirements but can also give a handsome amount when we wish to sell that. If you are searching a dream house in Noida area, Galaxy Vega is the perfect deal for you.

Here are a few points which will benefit you, if you wish to sell your dream house in Galaxy Vega Noida Extension. Let me tell you a few points to remember and whom to avoid for better results.

•    Before buying a home, ensure it is registered with the concerned state authority.

•    Single washrooms house may cost you less but they will not draw better results in monetary terms when you resell them, so it is advisable to avoid purchasing them. Select a home which has two or more bathrooms.

•    Electric ceiling apartment will cost you higher and may not be a sought after item, whereas a fireplace will serve the purpose and add glory, if it is immaculately designed in the living room.

•    Bathrooms fittings come in various sizes, shapes, and designs. Check the color of bathtubs and wash basins which don’t get fade with the time and you can choose a stain free and scratch free material for durability. Taps design must go in accordance with the bathroom.

•    Check the comfort ability of this house. Do you wish to make any changes?

•    Don’t forget to make at least two to three visits before finalizing the deal.

•    If possible do check the quality of the material used in interiors of your house.

•    Define where you want the electric sockets, depending on the electric equipments you will use.

Galaxy Vega is offering three types of plans. You can select from competitive Galaxy Vega flats price and they do assist you in getting the loan from banks they work with.

Galaxy Vega Noida Extension developers are open to any kind of discussion and alteration you wish to make in the house before purchasing. Buy a home which is not heavy on your pocket and fulfill your present day requirements like school for kids, hospital, park and market.

Points to Remember Before Buying a Dream House

You may have seen a lot of people in dilemma before buying a house. There is no single formula with applies to all as with every person priorities are different. We generally make choice on the grounds of location, liking and budget. There are three main things which play crucial role in our decision making of buying a home and they are location, facility and affordability.

Location 

Location of your house matters a lot as it plays a significant role. Choose a location as per the following guidelines:
• How far is it from your office?
• How far is the medical facility?
• Distance of school for your children?
• Is your neighborhood peaceful?
• Know the distance of supermarket?

These are the questions and by getting answer to them you can decide the appropriate location for your dream house. Noida will be the best place for you if you work in Delhi.

Suppose you are working in Delhi, and you don’t wish to stay there because of the traffic or for any other reason. Your search for the dream house may come to an end with Galaxy Vega project as they provide all the basic facilities in this housing project. Galaxy Vega is a project by Panchatatve Promoters Pvt. Ltd. They are successful real estate developers who have earned many laurels in the field of real estate development.

Facilities 

After you have finalized on location, next big thing is to know about the facilities offered. Galaxy Vega Noida offers earth quake resistant structure which is certified by the concerned authority. They use vitrified tiles in the flooring to provide you a better finish in flooring, wooden and ceramic tiles in bathrooms.  Kitchen fitted with the RO unit and in toilet hot and cold water availability. Finest quality bathroom fitting are done with CPVC pipes to avoid corrosion for hassle free use and longer stability. Copper wire is used in conduit PVC electric line with adequate number of points for usage and 24 hour water uninterrupted supply. Galaxy Vega has immaculately designed swimming pool, Gymnasium, and other facilities for extra-curricular activities. Galaxy Vega Project has 80% open area and that gives ample space for children’s park, car parking, and landscape.

Affordability 

Are you comfortable with the amount offered by Galaxy Vega Noida? In case you want assistance for the finance, their experts will help you. They don’t have any hidden cost and you will get a great deal for your money.

Before signing any agreement make it sure that you have monthly income to pay the EMI.

Select From Various Competitive Plans Of Galaxy Vega

The real estate in Delhi and NCR is growing by leaps and bounds. The reason for this real estate development is that thousands of people are flocking to metropolitan cities for job. The presence of multinationals, corporate houses and call centers are the main reasons to attract the unemployed people. According to a survey published, the majority of jobs are in marketing and IT related jobs.

 The Taj Expressway is open for public and greater Noida has become the hot spot and residential complexes in greater Noida like Galaxy Vega are selling like hot cake. Reason is wider roads, proper sanitation and availability of regular household items in close vicinity. Once you have made up your mind to purchase a house. Here are a few things that may be of great help to you.


• Research the area and try to visit the housing projects which attract you and it will be better if you take a notebook along with you. This will enable you to write all the points what the housing authority is offering and later you can evaluate it with others.

• Plan a budget and economist have suggested that decide for a budget which doesn’t compel you to pay the EMI more than 33% of your monthly income.

• Is it near to your office, hospital and school?

Other than what they are offering. After visiting the Galaxy Vega Noida project you will be astonished to see the list of facilities they are offering a great value for your money. Galaxy Vega project is offering all the necessary luxuries. They have spacious drawing rooms, finely crafted bedrooms and immaculately designed kitchens. Galaxy Vega housing project has the adequate amount of greenery to give you a natural feeling and park for your kids to play.

Payment plans

Galaxy Vega price is well designed to suit every client. You can purchase it with down payment and pay only 10% at the time of booking and pay rest of 85% within 45days and remaining 5% at the time of getting the possession letter. Galaxy Vega price is very competitive whether you select Flexi plan for payment or construction linked payment plan. The latter is designed to pay as you saw the work in progress.

Galaxy Vega project is a township promoted by Panchtatva promoters with earthquake resistant structure and they also provide assistance in housing loans. They have floor plans of 1340 Square feet, 1195 square feet and 995 square feet, you can select as per your requirement.

Planning To Buy Your Dream House Things To Watch Out For

To own a house is a dream come true for most of the people. Although money plays the most crucial part in making this decision, but, at the same time, there are a lot of other important things that one should keep in mind while investing one’s hard earned money into a project.

1.    Finance (Your Budget and bank loan): This the most important factor as based on your budget only you decide how big a house you can buy and in what location. Also, it is you who has to decide whether you can pay the EMI for a bigger loan or not. The way in which the builder has designed the payment plan also needs to be considered. It can be construction linked, cash down or flexi-payment and charms castle is offering all the three options. Do check the charms castle price list, processing fee, documentation fee and any pre-payment penalty which you might have to pay in case you’re able to pre-pay the loan to the bank.

2.    Location and Connectivity: It’s the next most important factor, hence listed at number two. One need to find out whether there already are or there’s any possibility of malls, IT Park, companies and metro rail link being built in the area. Even if one has to pay a little extra for the location, it’s worth it because the possibility of getting a good rent for your house increases manifolds if the location is good. Charms castle promises you all this and much more. The nearness to the local market, hospitals and metro station is a point that needs to be considered.

3.    Legal and Documentation: All the documents should be shown to a lawyer before signing and your lawyer should make sure that all the papers are in place. The sale agreement should be signed by both the parties and all points in the agreement should be thoroughly understood.

4.    Builder’s Reputation: One should check on the builder’s track record i.e. the number of projects delivered by the builder in the past and if they’ve been delivered on time. Secondly, the quality of flats built by the builder in the past, needs to be checked upon. Like charms castle takes pride in its quality construction as they have a team of highly qualified engineers and eminent architects to work for their projects.

In addition to the above there are certain other factors that also need to be paid attention to, while buying your dream house, like the rental rate that you might get in that area, the resale value, the amenities being offered by the builder etc.