Asset Homes

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...

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...

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...

 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. ...

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...

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 ...

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...