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Tips to negotiate when selling your home

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If you are planning to sell your property, be highly cautious! Some of the biggest mistakes in property deals occur during negotiations. Properties, be it luxury flats in Kochi or flats in Trivandrum seldom sell for the initial ‘ask’ price quoted by the owner. This makes the negotiation process an integral part of the sale process. Asset Homes, eminent builders of flats in Kochi and flats in Trivandrum, offer handy tips to negotiate when selling your home. With these tips, property sellers can tackle negotiations successfully. Be aware and in control A seller must be aware of the latest market trends, current property values, past price trends, and prevalent market trends can help a seller plan for the negotiations. Do not reveal anything to the buyers that he may use against you, like your reasons for selling, any financial issues, or the deadline by which you intend to close the sale etc. Try maximum to avoid desperation when dealing with buyers. By doing so, the buyer may get to di...

Things to keep in mind while taking a home loan

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  Buying a house is a remarkable achievement indeed, but the spiraling prices of the property makes it a huge investment. Without getting a home loan it takes off a huge chunk of your savings. Selecting the right home loan is vital for many of us to avoid any shockers in the future. Read on an insight into the things to keep in mind while taking a home loan brought to you by Asset Homes, eminent builders of top-notch flats in Thrissur .  Good research Do not go by hearsay! Take time out to do your own proper research on loan options in the market. The interest rates, processing fees, first payments, tenure and everything has to be compared. EMI home loan calculator is available online for you to check out how much you have to keep apart for paying your monthly EMIs.  Your Credit History These days, your credit score has become all the more important! In fact, the interest rate you pay on your loan is being linked to the credit score. If you have a CIBIL score of 750 or m...

Tips to get your property rented faster

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  Are you temporarily relocating for work or have you recently bought a new home and want to rent out your old flat in Trivandrum? Whatever be the reason you have to want to rent out your house, you can do it with these tips to get your property rented faster brought to you by Asset Homes, a reputed builder in Trivandrum .    Usually, it takes some luck and effort to find tenants who pay rent on time hassle-free. You should invest some time and money in marketing your flat in Trivandrum, choosing your tenants and ensuring they abide by applicable laws.  If you’re having trouble renting out your property, there are plenty of things you can do to make your flat for rent in Trivandrum appealing to potential tenants. You’ll have that apartment rented out in no time. These steps are the best ways to find tenants for your rental property. Get your property listed in a real estate portal Listing your flat for rent in Trivandrum in a portal like luxurykeralaflats.com is you...

Why rent agreements are usually of 11 months only

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So now you are ready to rent out your house and have taken on the process of drawing up a rental agreement. Before you take the leap find out how rental agreements actually work, the tenure of the agreement and other clauses. Here’s an overview of the whole process brought to you by Asset Homes, eminent builders in Kochi. Even if you avail a flat for rent in Kochi or Trivandrum, the same process applies - you have to sign the rental agreement. Let’s check out… What is a rent agreement? The lease agreement or the rent agreement is a written contract between the owner of a property (the landlord) and the tenant who takes it on rent. It specifies the terms and conditions based on which the property is let out like: Description of the property (address, type and size) Monthly rent Security deposit Purpose for which property can be used (residential or commercial) Duration of the agreement. You can negotiate the terms and conditions but once the agreement is signed, it is binding on both th...

What is the RERA Act? Impact of RERA on Indian real estate

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The history of real estate has been corrupted by fraudulent transactions which rested heavily in favour of the developers! The Real Estate Regulation (and Development) Act, 2016 (RERA) was enforced on May 1, 2017 to combat this scenario. The main purpose is to boost investments and create a more transparent environment for real estate transactions.  Asset Homes, eminent builders of flats in Kochi & flats in Trivandrum brings you an overview of what is RERA and its impact on Indian real estate. RERA has transformed the real estate industry and made real estate deals more accountable and transparent. RERA aims for a more equitable and fair transaction between the sellers and the buyers. It has brought in a structured outlook to the real estate sector which has been weighed down by the intricacies of red tape. The stand of many of the Indian real estate companies who have risen to the challenge & the work put in by the regulators who have meticulously ensured the implementati...

Trends that will be visible in Real Estate post COVID-19

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The beginning of the year 2020 has been in the midst of a deadly pandemic sweeping the world! The pandemic of COVID-19 has shaken the very foundations of nearly all sectors of the industry. Many unshakable beliefs and truths have been turned around. That’s true in real estate as well! Asset Homes takes you through a quick look at the trends that will be visible in Real Estate post-COVID-19. Digitalisation Remote working, distance-learning, e-meetings, etc. have become common in the lockdown times and most businesses are still carrying on the same. Digitalisation has kicked in every sphere and real estate to is reeling under it. Be it in capital deployment, transactions, property management, or even the consumption patterns. The quantum and scale of real estate consumption may change forever. Office spaces shifting to sub-urban locales Many companies still allow their employees to work from home. The pandemic has led to a major shift from the densification of offices or flexi-space...

Eco-friendly decorating ideas for your home

 When you are about to decorate your home, it should be eco-friendly as well! In fact choosing eco-friendly decor will be more beneficial in the long run. More and more builders in Kerala like Asset Homes are building villas in Kochi & villas in Thrissur using eco-friendly materials. Just looking at the ordinary items in your home from a different angle and this will enable you to add a handcrafted finish to your decor. Here are some simple eco-friendly decorating ideas for your home that will help reduce your carbon footprint and even save you some money along the way. Use non-toxic paints Be it for painting your walls or renovating a piece of furniture in your villa in Kochi or villa in Thrissur, use eco-friendly paints. They are free of volatile organic compounds or “VOCs,” which can be harmful to both the environment and to humans.  Repurpose old furniture or windows Renovating your old stuff into new stuff is more rewarding and satisfying than buying new every time. ...

A guide for renting a house

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Renting a property be it as an owner or a tenant is fraught with certain risks but to be on the safer side it’s better to keep in mind certain factors to guarantee you have a safe transaction. Rent rates and other details vary in each state & there are certain guidelines you can follow, as per the Ministry of Housing and Urban Affairs. The Rent Control Act passed by the Indian Government was put into force for controlling rent charges and to safeguard the tenants’ & landowners’ rights. Here’s a guide for renting villas in Thrissur from Asset Homes, the first and only builder in Kerala to deliver 58 residential projects in just 12 years. Just read on... 1. A written rental agreement. Before renting a villa in Thrissur, a written legal agreement between tenants and owners is a must-have to safeguard the interests of both the parties. It’s not good to settle for an oral agreement as it’s not legally binding. The owner will keep the original form and the tenants, t...

How to calculate income tax of vacant property

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Property ownership is seen as an investment everywhere! But most people don't realize that this ownership is taxable. If you own a property like a villa in Thrissur, be it either on rent or kept vacant, you need to pay taxes to the government. If you own more than one built-up property, you are expected to pay income tax on all your properties except on the self-occupied one. Asset Homes, reputed builders in Kerala tries to give you a run-in on: Taxation on vacant property The Income Tax Act, 1961 defines that income from house property is levied not on the basis of rent but on the potential of the property to yield income for the owner. The taxation is on a notional basis, which is based on the annual value of the property - the sum the property could have generated if it was let out in a year. If the let-out property is vacant for a part of the year, the actual rent received will be the gross annual value of the property & the calculation is the same as in ...

10 things that reduce the value of your home

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Putting up your flat for sale in Kochi? You may be expecting a good price from this sale, but many a time a flat fetches an amount far below your expectations. Asset Homes, the most reliable realty brand in Kochi, brings to you a list of 10 things that reduce the value of your home. 1.  Inadequate Parking Space Hassle-free parking is the need of the day! For buyers, the lack of adequate parking space is a big negative. 2. Bad Floor Plan If your flat has a bad layout, small rooms and bathrooms it will reduce the value. 3. Badly in need of large-scale Renovation Ready-to-move-in houses are very much in demand nowadays! If there is many renovations required, many buyers will steer clear of the sale. 4. Poorly maintained Property Poorly maintained flats for sale in Kochi will slash out a considerable amount from your home’s value. Bad Ceilings A flat with cracked and neglected ceilings will show your house badly and might reduce your home’s worth Peeling P...

Real estate trends to watch in 2020

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Indian real estate has been under stress for a long period and with the onset of the new year 2020, we are expecting a marked change to see better times!  It is far too early to predict that normalcy will be restored for the real estate sector in 2020, some predictions could certainly be made on how the markets will behave. Here is an insight on key real estate trends to watch out for in India's housing markets in 2020 by Asset Homes leading Builders in Kochi .  Will property prices come down? The answer to this question is No! While many builders are coping with the severe financial crisis, there isn't much of an option on reducing unit rates of apartments in Kochi. It will be hard to find cheaper homes in 2020 as in the past years.  Will consumer rights be protected in 2020? With the implementation of RERA, we see a change in the market as builders will now be offering clean transactions. There is also hope in the justice system with justice being de...

How to choose windows for your home?

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Windows are your window to the outside world, choose them right! They are integral elements that beautify as well as secure your home! Apart from beauty, it’s vital to include security options too in your choice of windows be it for a flat in Kochi or an independent house. While selecting windows for your new apartment consider it for long term. Windows brighten up any room and act as a decoration piece as well. They come in varied sizes and shapes. Durability, aesthetic appearance and functionality are major factors affecting the selection. Different types of windows by multiple brands can be procured from the market & you are spoilt for choice! Asset Homes, prime builders in Kerala with many flats for sale in Kochi has shared some important tips on how to choose windows for your home? Check out these important tips while buying windows for your new apartments in Kochi . Quality matters! When buying windows, look for quality, window maintenance and ease of use apart f...

Why invest in Flats in Kottayam?

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Kottayam, the land of letters is known as the literature capital of Kerala. One of the beautiful cities in Kerala, Kottayam brings forth a host of opportunities for those who seek new avenues.  The city is home to numerous lakes and is fondly called the City of Lakes in Kerala. In Kottayam, there are many media and printing institutions along with famed educational institutions like Mahatma Gandhi University, Government Medical College, etc. Many builders in Kottayam are launching apartments for sale in Kottayam owing to the rapid development of the City. Check out some reasons as to why you must invest in flats in Kottayam. Kottayam brings to you a panoramic setting to enjoy a well-balanced life in the lap of nature. The green landscape and natural beauty of Kottayam makes it a healthy and clean environment to live in, thus making it an ideal location to invest in flats. A pleasant climate exists throughout the year which gives you a chance to enjoy a peaceful life in th...

Increase the value of your home with these home improvement tips!

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When you think of selling your home in Kochi it’s important to take time off to spruce up your space as it can increase your home value. You can increase the value of your home with these home improvement tips from Asset Homes, reputed builders with luxury apartments for sale in Cochin . Clean it first! Deep cleaning and decluttering your flat or house is one of the best ways to keep your home looking its best while getting ready to sell. Make the interior of your home shine from floor to ceiling. Wipe off smudge marks on all windows, doors, and mirrors, counters and all areas inside and outside of the house. Brighten up your home Remove outdated curtains that may be blocking natural light & simply open up windows & clean skylights. Replace old lighting fixtures and try to update your lighting with an eye-catching chandelier or a modern ceiling fan with lights. Landscaping for curb appeal You can try landscaping to improve the curb appeal of your home. Clean up ...

How to choose the right bedroom furniture for your apartment in Cochin?

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Your bedroom is your haven of peace and solitude! It’s where you unwind the worries and tensions of the day and relax and rejuvenate. Choosing new furniture for bedrooms of f lats in Kochi should be done carefully. The bedroom furniture should be sturdy enough to last a long time as well as fit the theme and style of the bedroom. Luckily enough buying the right furniture for your bedroom is much easier than you thought! Only go through a checklist from Asset Homes on h ow to choose the right bedroom furniture for your apartment in Cochin before you set out to the showroom. For which bedroom are you buying furniture? Is it kid’s room or your own master bedroom, or is for a teen’s bedroom? The furniture should suit the user, both in style and design. What’s your budget? Furniture can cut into your family budget, huge! So browse through online and showrooms to see what’s out there. Buy what you can fit into your budget for your apartments in cochin . Buy just ...

The Importance of Mobile Apps in Real Estate

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Are you a real estate player? Then it’s the time to up your mobile game! Time to invest in a real estate mobile app that can give a cutting edge to your business. Let’s check out the growing importance of mobile apps in the real estate business. Technology rules over everything nowadays! It has taken over our lifestyle and decisions. Technology has given rise to abundant opportunities to the businesses world and real estate has been one such industry to cash in. Using a mobile app for real estate business can revolutionize the world of agents, brokers as well as the customers. Asset Homes, eminent builders in Kochi brings to you the advantages & importance of mobile apps in real estate: Search for property made faster A Real estate mobile app is a real help for customers to find property and houses as per their choice. They can choose property, especially if it is apartments in Cochin or Villas in Kochi , according to the price, area and also get all the deta...

Gulf NRI Investments in Kerala

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The Gulf region has been like a magnet which attracted Malayalis from far and wide. Malayalis who had migrated from Kerala years ago and earned their bread in the Gulf are eager to invest in their home state. As Kerala is primarily a consumer state with a growing appetite for goods and services, it has been attracting investors to pump in crores of rupees into the state. Most Gulf NRI investments in Kerala are in the form of large-format retail stores, high-end hotels, residential projects and large hospitals.  Asset Senate, Kannur The rising affluence of this southern state and the expectation that mindset towards investors is changing for the better has made this possible. In the past Kerala was notorious for its militant trade unions and frequent shutdowns. This had prompted Malayalis to flee the state to the affluent Gulf region and today the economy of Kerala has been held together by remittances from these NRI Malayalis to some extent even during the recent rece...

How do appraisers determine home value?

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Ever wondered what your house or a house you might buy is really worth? Lenders require an appraisal before they’ll approve a loan. As a property owner, you can always hire an appraiser to estimate your home value at any time which will help you to be better prepared when you need to buy, sell, refinance or tap into your home’s equity. Let’s see how appraisers determine the home value of flats in Kochi . Doing a walk-through of the house is one way Home appraisers generally value a house. Afterwards, the "Sales comparison approach" & the "cost approach” methods are mostly used to evaluate a house. The Walk-Through Home appraisers when valuing homes consider the home's size, layout and how well it has been maintained. The appraiser inspects the inside and outside of the home & also notes amenities and upgrades that add value. The overall structure and the materials used to construct the home are assessed for any signs of disrepair like...