Fab Housing Fridays at F-Residences, New Kalyani Nagar, Pune

With its thoughtfully designed architecture, F-Residences has set high expectations for the people of Pune. Being the world’s first F-Residences in collaboration with Paris based fashion television channel F-TV, it is a perfect blend of luxury, glamour, elegance and fashion.

This maiden venture of Fashion TV in India incorporates some of the most iconic fashion elements into its architecture. Its 2, 3 and 3.5 bhk configuration has redefined luxury living that lets you climb the fashion ladder with panache.

The upper-hand of buying a home at F-Residences is that it has several ultra-modern amenities. Also, this RERA approved residency is located in New Kalyani Nagar, which brings it in proximity to hotels, malls, educational institutes and other important distances. Pune is enjoying the legacy of a renowned builder with its masterpiece at the most favorable location.

But that’s not all in the bucket. F-Residences has more to offer you!

F-Residences, has come up with something interesting for the property-seekers in Pune - “Fab Housing Fridays”.

Freebies always make us happy. Be it extra cheese on pizza or incentives on digital payment. But what if you get rewarded for buying a home?

Yes, you heard it right!

We are glad to announce that with every condo you book at F-residences you get an additional deal every Friday, garnished with an assured deal of ‘No Pre-EMI for a year’*. The offer will be valid for a week and a new deal will be waiting you the coming Friday.

It means you can take home something extra along with the keys. Aha!


WHY IS ‘FAB HOUSING FRIDAYS’ A BOON:
According to experts, winter is the best time to buy a home, keeping in mind the considerations like lesser competition during this time and property price hike later in the summers.

You can take the best advantage of the season with Fab Housing Friday.

All you need with a luxurious home is a stress-free life. But many of us have to resort to home loans to finance the purchase of a home, which is no more an issue. F-Residences bring in the advantage of ‘No pre-EMI for a year’*! Now the buyers need not think twice before the buying decision.

And that’s not all. You also get deals which will be revealed every Friday, effective until next Thursday. A new deal will also be awaiting you the next Friday. So every week there will be a new offer on a purchase of a condo!

A trump card undoubtedly!

Now, don’t just wait for a movie on Fridays when you can have so much more to look forward to. Thanks to F-residences!

Have a ‘Fab’ weekend.





Limited Period Offer
*T&C Apply

Laws Prevailing NRI Real Estate Investment in India You Must Know About

India is considered as among the topmost tempting real estate investment destinations as increasing number of NRIs are investing in locations in India. As per a research by Square Yards, the overall Non-resident Indian investment in top key cities is expected to gain around USD 11.5 million in 2017. Special thanks to the latest real estate laws for making the purchasing of a property for a Non-resident Indian easier than ever before. Anyone carrying Indian passport is allowed to invest in Indian real estate except for the property which is not an agricultural land, a farmhouse or a plantation property. The NRIs are advised to understand the prevailing policies, laws and reforms well, while there is a favorable market scenario for a real estate purchase. There are some key rules to help the non-resident Indian with the process.

One of the key considerations is understanding of the financial landscape when a non-resident Indian is investing in Indian real estate. Are you an NRI and looking for investing in Indian property? Then you are just at the right place. Here you will get some of the worth mentioning tips to consider while stepping towards property purchasing.

Must know laws for NRI real estate investments

· Regulatory act: Do you possess an Indian passport? Then you do not need to seek for prior permission for making a property investment in India. The honourable Reserve Bank of India has enacted some simple but attractive laws to magnetize more foreign investments. There are rules under Foreign Exchange Management (FEMA) to govern real estate transactions.

· Types of various properties to invest in: There is no restricted number of properties for the non-resident Indians to invest in. A person of Indian origin (PIO), as well as an NRI, is allowed to purchase commercial and residential properties both as many as they want. However, this is to be remembered that there lies a restriction on foreign investment when the property is an agricultural land, a farmhouse or a plantation property. An NRI is only permitted to invest in such properties if it is gifted or inherited.

· Financial funding and transactions: Remember, every transaction related to property investments in India is required to be done through Indian banks in Indian currency. The person needs to have an NRI account in a nationalized Indian bank. If the paperwork is clean, an NRI would find no difficulty to avail bank loans for the purchase. Under several financial institutions in India, there are a number of NRI home loan options that are offered. In case you are getting your property funded, then make sure that you own minimum 20% of the property value to invest of your own. Remember you are allowed to take maximum 80% of the property value.

· Power of attorney: You are required to give power of attorney to a trusted associate or to your builder, in case you are purchasing a property under construction. You are advised to take the support from your lawyer to word the document aptly making your investment secure and leaving no chance of forgery, while the property is being developed.

· Tax benefits: Even If you are a non-resident Indian, you’re allowed to relish most of the tax benefits that an Indian citizen enjoys. It is considered as the short-term capital gain and the earnings through the taxable properties only if you sell the property within three years of purchase. But in case you sell the property after three years, you will have the choice of reducing the long-term capital gains by investing in another property.

CREDAI, The Confederation of Real Estate Developers Associations of India organizes exhibitions for non-resident Indians on a regular basis. It helps them to go through various investment options that come with spot loans from top banks. Easy investment options along with reduced down payment value are also offered. Therefore, it would be better if you crosscheck all the given offers from CREDAI before investing in real estate in India.

If you are an NRI and planning for investing in real estate in India then it is wise to go through the rules carefully to avoid unwanted mess before making a purchase.

A Guide for Single Home Buyers

Purchasing a home for the first time is definitely a challenge as tempting offers leave you in a dilemma. Buyers often find it difficult to decide whether to go with the first house that comes within their budget or continue to rent. First time home buyers in India require following safety guidelines before signing on the dotted lines of the agreement. Some of the mentionable tips are given below that are intended to guide the inexperienced home buyers as they are about to finalize one of the most important investments in their life.

Let’s focus on the tips to have a successful purchase.

Considerations before you buy a home

• Financial planning: Before you make the decision to invest in a property it is immensely important to ensure absolute financial planning. Take the initiative by reviewing your recent liabilities such as life insurance, student loans or any other commitments to get a bird’s-eye-view of your actual monthly income. Limit your budget for purchasing a home based on your household budget and the amount of money you can afford to put aside for the monthly EMI of your home loan. Except for the EMI you need to have a healthy savings account that can support you while paying additional incidentals such as registration, stamp duty and other sundry charges.

• Your future goals and needs: If you are deciding to invest in a property then it is essential to not only have a clear idea of your present requirements but you also need to consider your future goals and needs. Some of the buyers seek capital appreciation through a long-term investment, some of the buyers just want a perfect home for the family, there are some buyers who wish to be a part of the new upcoming complex, and some desire to move closer to their workplace. When you are investing a huge amount of your hard-earned money you need to be clear about your future needs and goals, and to ensure that you make an informed choice. 

• Research location: Location is another chief factor to consider before you make an investment. It is always wise to purchase a high-growth area where there is enough potential for capital gains and growth. Keep things in mind for considerations such as proximity to educational institutions, connectivity to business area, shopping malls and hospitals. You are advised to be prepared for your financial targets which may have a detrimental or positive impact on the predicted price of your property. Make sure that the location of your new home suits your budget and personal requirement. 

• The credibility of the builder: This is considered as one of the important factors to check while making investments. Before buying a property, the buyer must look into the credibility of the builder. This essentially stands for checking on the developer’s previous projects, rate of appreciation in value, quality of construction, number of future projects and current demand in the market. The purchaser would be beneficial if the developer is affiliated with a governing body such as CREDAI. 

• Allotment letter: Have you selected your property and paid the first installment? If yes, then your builder may soon give the allotment letter to you. This allotment letter contains details about the property that has been allotted to you. 

• The sale deed: It is to be the most valuable document in a buying process of a real estate. The sale deed is an essential document which is governed by the registration act for both the seller and the buyer. Until the sale deed is signed between the seller and the buyer, the sale or purchase of the property is not legally completed. 

Above are the key factors which has to be considered while purchasing properties. A healthy mix of the above considerations will definitely guide you towards your ideally located home.

Why is Diwali the right time to invest in property?

Diwali is probably the most awaited festival of the year and why not? Diwali brings happiness, colour and success to our lives. Diwali is the festival of growth and prosperity. Hence, an investment in Diwali is believed to be highly auspicious. If you are looking forward to buying your dream home or making any investment in a second home, Diwali is the right time to take a plunge. The good news is that we at BramhaCorp have come up with some amazing projects which would definitely convince you to make an addition to your asset this Diwali.

Why BramhaCorp?
We strongly believe in offering complete customer satisfaction and the best-in-the-industry quality. Every project of BramhaCorp is planned and executed keeping these two essentials in mind. Every team member from the planners, architects, designers to the workers on the sites act as a well-tuned team whose aim is QUALITY which gets culminated into innovative and beautiful projects of BramhaCorp.

Every project we present is unique. The best part about our residential projects is that they are located at Pune’s prime and thriving locations like Kalyani Nagar, Bavdhan, NIBM Road, Kharadi and so on. As a result, connectivity is not at all an issue for you and your family. The apartments are designed to cater to the tastes of modern families and offer optimum space, comfort and privacy.

At BramhaCorp, we don’t just believe in creating houses, but we believe in creating homes. We also give a premium and luxurious lifestyle to our customers. The amenities like jogging tracks, swimming pools, children’s play areas, a generator back up for lifts, proper security provisions ensure that the residents have all the necessary comforts within the premises. The specifications of these 2 BHK and 3 BHK apartments are of top-notch quality and thus you will be in love with your new home.

We are ready to welcome you!
Apart from being the Oxford of the East or the pensioners’ city for decades, Pune has earned a new identity for last two decades and that is of being the IT hub. Being close to Mumbai yet having a peaceful lifestyle along with pleasant weather and enhanced infrastructure has attracted many buyers from India as well as abroad to invest in the city. If you are looking for property options in well-established parts of Pune where education, health and entertainment facilities are within immediate reach then you should surely check out our projects located at NIBM- Exuberance Elite, New Kalyani Nagar- F-Residences & WaterBay, Bavdhan- Vantage+ , and Kharadi- Meander. A life full of convenience is waiting for you. Invest in your home with us and enjoy the joy of healthy and happy living even in this busy and stressful environment of the city.

BramhaCorp is definitely a name which you can trust when it comes to your cherished abode. We fulfill your dreams delivering houses which you always envisioned. Come and experience the BramhaCorp lifestyle with us and be amazed! Our homes are perfect for each one of your family members right from tiny tots to grandparents. Enquire with us for more details and have a look at our sample flats. Gift happiness to your loved ones this Diwali and move into your dream home soon!

 

Key Criteria To Consider While Investing In Real Estate

Investing in the real estate market is quite intricate as compared to the other investment options. For this reason, it becomes essential for an investor to consider these essential criterions while investing in the real estate sector.

1. Location–The location of a property is pivotal in determining its present worth and future prices. Also, if you are an end user, then you should opt for the location that has proximity to basic amenities, which is peaceful and safe, surrounded by greenery, and offers convenient access to various modes of transportation.

2. Total Valuation of the Property–The valuation of a property comprises major elements that may influence the price of the property. This includes the listing price, investment analysis, taxation, insurance premium, and other market-related factors. So, make sure you invest only in a property that has positive net worth.

3. Purpose – This is another major factor to consider. You should be clear about your end goal from a property: whether you are buying it for investment or for end use. But no matter what the purpose is, it is essential to select a property that can fetch you appreciations in the long run.

4. Have Detailed Knowledge of the Leverage–It is essential to consider the total loan amount you can avail and the available sources of income with which you can pay for it. Loans are convenient, but they have a huge cost associated with them. So, consider all the possible risks and learn all the ways to handle the loan so that you can benefit from it and get the maximum advantages.

5. Check for the Company’s Reputation – Another important criterion to consider is to invest in a company that holds a sound reputation in the market like BramhaCorp Ltd. in Pune. It is important that you invest in a developer or builder that can provide you with the project as per the decided timeline, and is known to offer high construction quality.

6. Property Taxes – There has been a lot of evaluation and alteration regarding the taxes implemented on the property. You may not be aware of all of them. In such situations, it is important that you gain complete and updated knowledge about taxes levied on a property. If you find that the tax is higher than what you are aware of, then ask for the justification.

7. Investment in Existing or New Constructions–New constructions are always offered at attractive prices, but they have risks associated with them, like delay in possession, increased costs, lack of neighboring surroundings, and more. Properties on resale involve lots of check on documents, ownership, and legal matters. So, consider these factors before you take the final decision.

Real estate investments offer high ROI but have some risk associated with them, you need to choose a property at a thriving area and from a trusted brand. Be thoughtful and make a logical, intelligent decision of investing in real estate only after considering the above mentioned key criteria.

Pune’s Real Estate Market In The Next 10 Years

Pune is among the few cities in India that have accelerated steadily, and has made it among the 100 top cities in the country for its Real Estate sector.

Over the past five years, Pune’s real estate sector has evolved a lot and has been influenced by numerous factors. Among them, demonetization and GST implementation are the two major aspects that created a slight stir within the real estate sector across India. However, since Pune’s real estate has always been known to be steady, it balanced it out and stood as a clear winner even under this critical situation. For such reasons, it is deemed that next 10 years from now will be wonderful and lucrative for the real estate market of Pune.

Progressive Business Model in Pune’s Real Estate Sector
The main reason for this is the progressive business model adopted by the developers and builders in Pune. After implementation of strict guidelines and regulations from the Indian government and introduction of the RERA Act in 2017, the developers have now altered their business model. The new model focuses on timely completion of projects, equipping amenities that are promised, and ensuring high-quality of construction.

Increased Transparency between Developers and Buyers
Just like other regions, even Pune experiences an increased number of developers and builders joining hands with reputed national and international brands for raising funds and mitigating the risks. So, it is expected to deliver good transparency and will ultimately lead to restoring the confidence of buyers in the sector.

An Assortment of Projects in All Categories
The builders in Pune are focusing more on completing their existing projects, rather than introducing new ones. As a result, this serves as a golden opportunity for the fence-sitting home seekers and investors to take the plunge in the real estate market of Pune. Also, there are multiple options available from affordable housing to mid and luxury housing. Therefore, buyers can grab their dream house within their budget limit.

Unmatched Infrastructure
Since Pune holds proximity to Mumbai, it already boasts of a well-developed and well-planned infrastructure. But, besides an existing impressive infrastructure, there are few other projects in the pipeline, which are only going to add positives and gains to the real estate sector. Few of the top-notch projects are:
· Metro Rail
· An International Airport
· Bus Rapid Transit System

Sound Returns on Investment
The real estate segment of Pune is not only beneficial for end-user investment, but also for profitable investments. According to the Indian Real Estate Report, January – June 2017, Pune is held as one of the sound real estate markets with less unsold inventory and more number of completed projects.

In a nutshell, the real estate market of Pune is expected to boom in the next ten years as it houses all the elements required for a healthy and sustainable growth of the realty sector.

Safe Driving In The Rain

Monsoons may come unannounced but so do collisions. This is reason enough for you to drive safe in the rains. However experienced a driver you maybe, but safety should be your primary concern always. You need to adapt your driving to the rainy weather conditions because rains come with a myriad of problems like reduced visibility and loss of traction. The host of challenges brought about by torrential downpour cannot just be ignored. 

What are the precautions that one needs to take when driving in the rains?

Make a check on the vehicle condition -

1. Wiper blade is the quintessential requirement of a vehicle during monsoons. Check if the wiper blades are moving properly or if they need to be replaced.

2. Equally important is the brake pedal and the vehicle lights (headlight, taillight, braking light, turn indicator light) which need to be functioning.

3. Check out for the tyre inflation and tread. Poor tread and improper inflation affect the grip on wet roads.

Road tips when driving in the rain-

1. Follow the four-second rule during monsoon which means that you need to keep double the minimum safe distance from the vehicle in the front. Also, heavy vehicles like trucks and buses splash water on all sides which may disturb you while driving. So keep a safe distance from them.

2. Avoid driving on roads which you aren’t familiar with and don’t venture off the road without knowing the road conditions.

3. Be wary of roads that are completely submerged in water. Watch out for the low lying areas and the underpass during heavy rain.

4. Don’t risk driving your vehicle against the strong water currents. There is every possible chance that you have undermined the flowing water strength, and this water can pull at your wheels causing the vehicle to swerve and be swept off the road.

5. Follow the vehicle in front of you albeit at a safe distance and avoid overtaking.

6. Watch for the brake lights from vehicles on the opposite side.

7. Visibility is a case for concern during monsoon. The glare coming from the opposite vehicle coupled with the incessant rain falling on the windshield reduces the front end visibility. Go slow when the road ahead becomes invisible.

8. Water usually pools at either side of the road so make sure you drive on the highest elevated part of the road, and that happens to be the center.

9. Drive slowly, because fast driving causes the water to create waves and there is a possibility of water entering your vehicle and spoiling the electric circuit. Also, the speed increases the chance of aquaplaning. The tyres will not be able to displace the water on the roads fast enough with the result that the tyres will move on the water surface. This reduces the traction of tyres, and you lose control of your vehicle.

Vehicle handling tips while driving in the rain-

1. Do not apply sudden brakes. Let the brakes be gentle so that the wheels get locked smoothly.

2. Turn on the headlights so that others can see your approaching car. Don’t use hazard lights because that can distract the drivers in the front.

3. The driving conditions during monsoon demand that you do not accelerate when it isn’t required.

4. When your car is losing traction, start releasing the accelerator gradually so that the tyres regain the lost grip. Do not apply sudden brakes or turn the steering wheel as you risk losing car control.

We at BramhaCorp strongly believe, our customers are the reason for our success. They remain at our core. And hence we advocate safe driving in heavy rains. When the road conditions are not good in monsoon, it is always better to follow safe driving tips to avoid unnecessary hassles and collisions.

BramhaCorp – Thought Leaders in Pune’s Real Estate Market

Are you searching for the best residential or commercial properties in Pune? If yes, then you must opt for the best in town – BramhaCorp Real Estate!

Pune is undoubtedly a beautiful place. With numerous IT companies, pleasant climate, and excellent amenities and facilities, it has become one of the major hotspots for families and industries to set up and settle. For this reason, there has been a massive increase in the number of people looking for properties in this region. But when you are investing in property, then the very first thing that comes to your mind is trustworthiness of the builder and quality of the project. So, if you too, stand among the crowd of home seekers or commercial property investors, then you must go for the most trusted name in the town.

Make Profitable Realty Investments with the Experts
BramhaCorp is a prestigious real estate company that has been in operation since the past 30 years. Presently, the company is in active growth mode with around 200 new projects being constructed in Pune. So, if you are looking for a promising property investment that is on par with the modern standards and can reap you profitable value soon, then definitely opt for this brand.

Now, it would not be a mistake to address BramhaCorp as a benchmark brand, as it is a reputed real estate organization. The professionals here are not just experts but are highly experienced. Furthermore, it already flaunts few of the most reputed projects in Pune, like the Le Meridien, Residency Club, F-Residencies, Pune One, BramhaSuncity, and more. All of these are highly appreciated projects that stand among the top projects in Pune in terms of quality of construction and architectural design. If you are planning to invest your hard earned money in the real estate sector of Pune, then surely you shouldn't miss having a look at the projects under this brand.

Get Best Investment Deals under a Trusted Name
BramhaCorp offers investors with both residential and commercial properties. They have plenty of innovative projects for flats in Pune and even for shops in Pune. Have a glance at all their projects on their website to get detailed information about them. The best part, is that no matter which location you are looking for, BramhaCorp has a project in that particular location, and hence, they will be able to address all your needs.

Pune is blessed with one of the most booming real estate markets. There are a plethora of investment options available for end buyers as well as for investors in both residential and commercial sector. Although there are other reputed real estate companies too, with BramhaCorp, you would be able to explore through plenty of well-thought of options and would be able to make a profitable investment at the best prices. Check for ready to move in and upcoming projects on their website, as you would get the property of your dreams, which you might have been searching for so long!

Experience Splendor with F-Residences - Ready Possession Flats

Are you a fashion freak? Don’t just limit your fashion to yourself as you can now own a glamorous and iconic house in F-Residences by BramhaCorp.

BramhaCorp Ltd. joined hands with Paris based International fashion channel- FTV on a pioneering venture, leading to the emergence of the World’s 1st F-Residences at New Kalyani Nagar, which incorporates spellbinding elements of fashion in its architecture.

While the architectural marvel and beauty of these flats are absolutely incomparable, the best part is, that there are Ready- Possession flats available, which you can grab right away!

F-Residences – Why it is Iconic and Unique-
F-Residences is a unique project, with its innumerable features that make it different from other residential projects across the region. It is a first of a kind project that has been structured in association with the most popular fashion channel, and this fact is enough to mesmerize anyone planning for a luxurious and lavish investment in Pune. A mirror image of the unique fashion sense and ethos of the world famous fashion channel, this project is outlined to meet the needs and comfort of the future generation. So, for sure it can be rightly called as a futuristic project!

F-Residences at New Kalyani Nagar in Pune, is one of the best projects in Pune in terms of architecture and construction quality. Its chic, dynamic, and fresh style makes it a preference for home buyers who wish to spend their lifestyle in luxury and without compromising on their comfort. With these homes, you can live in a voguish lifestyle that any other project might not be able to offer you. High on style, finesse, and fashion makes it an iconic project that is even above the levels you have dreamed of.

Highlights of F-Residences Project-
There are 2BHK, 3BHK and 3.5BHK flats available for possession that offer you a living essence that is highly fashionable and incorporate a classy style even in everyday lifestyle. This project is amazing.

F-Residences, New Kalyani Nagar is one of the best projects in Pune, and has won numerous awards like the ‘Best Project of the Year 2013- West’, the ‘Best Designed Project of the Year 2014’ and the most recent ‘Best Themed Project Of The Year 2017’. It is a centrally located property that offers convenient access to all major facilities and services. It is an ideal choice for urban residents and is designed on a plan free from clutter. The emancipating amphitheater, picturesque landscaping, and paved walkways make it beautiful and inviting from both outside and inside.

Are you looking out for an investment that is high on profit, absolutely classy, and perfect to make others envious, then you must check this out!

10 Mistakes To Avoid During Home Inspection

Home inspection is one of the most important steps while purchasing any real estate. It ensures that the home is safe to live in and worth your money. It’s important to inspect your property for any hidden problems or structural defects so that it doesn’t turn into a money pit.

Here’s a list of some of the common home inspection mistakes one should avoid:

1) Choosing the wrong inspector: While hiring a home inspector, keep in mind that you are choosing a professional who will do a full physical check of your investment. Choose someone who is trustworthy and competent. Most buyers generally choose on the basis of who charges the lowest. It’s better to look for options and check the credentials, licensing and affiliations of the inspector.

2) Not getting a property inspected: It’s important to gather complete information on the builder, its property and value of the property. Just because a home has passed all legal formalities doesn’t mean it is problem free. Make sure to get everything (inside and outside) inspected. Do not skip the inspection just because the property looks good or is newly constructed. Builders or contractors may sometimes overlook things. For your assurance, ensure everything has been inspected before you purchase.

3) Not participating or being present during the inspection: It is okay to let the inspector do his job but it is also important to meet him regularly, discuss about your checklist, and visit him at the property to check firsthand if the issues discovered are big or small so as to avoid unnecessary spending later on.

4) Ignoring the inspector’s recommendations: Sometimes, issues found are not taken seriously due to the cost factor. These issues may also get ignored during negotiations. As a buyer, it’s important to consider all issues and take a follow up on items discovered during the inspection before investing. It’s always better to be safe than sorry.

5) Not using home inspection results as a negotiating tool: A good inspector will always guide you on what can be replaced. Try to consider such points while negotiating repairs and price reduction from the seller. Home inspection is not just a step in home-buying process; you may use the inspection results to your advantage and negotiate a better deal.

6) Ignoring the Exterior Problems: Most of the home inspectors only consider inside of a home missing on problems beyond the interiors. This may leave you tackling with exterior problems like fences, rooftops etc. Repairing these elements at a later stage will cost a lot.

7) Not making a checklist: Home inspectors usually don’t inspect pipelines, tanks, sewerage systems. Add such items to your checklist while buying a home. If your inspector is unwilling to inspect these elements, it’s better to look for another inspector.

8) Relying on Real Estate Agents for Referrals: Real estate agents often provide referrals for home inspectors so as to help clients. But relying on real estate agents for recommendations may not be the best bet. These home inspectors usually ignore faults at home to return a favor to the agent. It’s good to do research and select your agents wisely.

9) Not doing enough research: Rushing to a decision may prove to be harmful at times whether it is while buying a home or getting it fixed. Do your research thoroughly to avoid any home inspection mistakes.

10) Signing the contract before the inspection: A home buyer can exercise the right to have a property inspection at any stage during the sales process. There is no need to wait till a contract has been signed. Remember, an offer can be negotiated as per the outcome of an inspection report.

It is important and essential to complete your research, make wise decisions and take adequate measures to find a competent home inspector and avoid unnecessary chaos and expenditures while buying a home.

How will the Budget 2017-18 Impact Real Estate?

With the release of Union Budget 2017-18, there were several positive measures undertaken for the real estate sector. Let’s take a look at some of the highlights pertaining to real estate and their impact:

1) Infrastructure status: The Affordable housing sector has been granted the Infrastructure Status. This was a welcome move and will act as a catalyst to Prime Minister’s vision of providing Housing for All by 2020. This initiative will give developers access to cheaper funding and will attract more investors.

2) Loan Refinance: National Housing Bank will refinance individual loans worth Rs 20,000 crore in 2017-18. This will give a major push to affordable housing companies.

3) Tax exemption: The Government has also proposed 1 year tax exemption from notional rental income from unsold but ready inventory. This is a great move in providing tax relief to developers in the residential sector who are holding real estate inventory, where the sales dropped significantly due to demonetization.

4) Reduction in holding period: 

The holding period has been reduced from 3 years to 2 years in case of long term capital gains from Immovable properties, providing respite to investors.

5) Change in base year: 

The base year for calculating the indexation for long term capital gain has been shifted from 1981 to 2001. As a result, resultant gain will reduce and in turn will lower taxation.

6) Capital gains on Joint Development Agreement (JDA): 

Capital gains on JDA to be taxed only after the project completion. This will give a great boost to unlocking land for development and will reduce litigation.

7) Cash Ban: 

A total ban on cash transactions of Rupees 3 lakh and above has been proposed.

8) Pradhan Mantri Awas Yojna (PMAY) gets a boost: 

The Government allocated Rupees 23,000 crore to PMAY for completing one crore houses by 2019 for those living in kachha houses.

9) Rate of Interest on Home loans: 

Rate of interest on housing loans will further come down.

10) Increase in size of affordable housing: 

The Government provided 100% tax exemption on profits for developers building homes with built up area up to 30 sq meters in metros and 60 sq meters in other cities. The new budget stated that instead of built up area; the carpet area will be applicable for affordable housing.

Luxury Leisure Clubs by BramhaCorp

BramhaCorp is a brand that has modelled itself in real estate to elevate lifestyle. With great success we have endevoured in real estate, hospitality and leisure, crafting impressive projects in all three sectors that have taken opulence to the next level.

Talking about leisure, BramhaCorp has shaped two splendid leisure clubs- Residency Club, Pune and Residency Club Mulshi. Amplifying opulence, both these leisure clubs are crafted with excelling facilities for their members.

To begin with Residency Club, Pune,  you not only get to experience amenities like a well equipped gymnasium, restaurants, swimming pool, play park, spa, sports center, etc. you can also be a part of various events held here. Residency Club has been forefront in hosting vibrant events all year long. Along with calendar events and festive celebrations, Live concerts, Ghazal Nights and Plays are also organised for everyone who like to enjoy the finer aspects of life. The extravagance continues with Fashion shows & Bumper Tambola adding the Glamour and Fun quotient. Sporting events like State Level Swimming championships and indoor/ outdoor sports tournament are held regularly at Residency club bringing out the Sportsman Spirit.

Residency Club, Mulshi on the other hand enchants you with misty valleys. Surrounded with luscious green pastures of the Sahyadri Hills, this destination lets you can feel the symphonies of the serene lake with the melodies of the vibrant breeze. This club gives you the extravagant blend of nature and luxury. Placing itself away from the city chaos, this club gives you stylish amenities like swimming pool, basket ball club, amusement park and so on.

With both these clubs being paramount destinations for indulging in leisure activities, they also serve as ideal destinations for a business trip. With well furnidhed banquet halls and meeting rooms, your business meet leaves a lasting impression of distinction. Furthermore, weddings at Residency Clubs are a great affair! We ensure wedding ceremonies and celebrations are enjoyed with lavish arrangements making it a memorable lifetime event for all.

Today we have multiple projects with integrated townships, commercial Real Estate and upscale residences which empower and inspire our entire team to put our best foot forward to reach the next level of delivering eminence. We have always been committed to excellence and our encouraging attitude towards our employees and our group members enriches our work culture. BramhaCorp ltd. as a business endeavors this fore view to exceed our customer’s expectations and building a lively environment at all times.

Demonetization to Benefit Home Buyers

Year 2016 saw bidding adieu to 500 and 1000 rupee currency and a serious churn to Indian economy. Demonetization affected various Indian sectors that deal with the practice of cash transactions including the real estate market.

But each coin has the other side too. Demonetization affected Indian real estate market with many positives too:

1) Affordable homes: Where owning a good house in urban areas remain a dream. With demonetization will surely curb the practice of cash payments in property deals, lowering down the inflation and making homes affordable for the common man.

2) Reduction in Interest rates of home loans: Demonetization saw a large inflow of fresh deposits in banks. The slow economic growth is surely to see lower demand for bank loans in corporate as well as individual sectors. This may result in reduction in home loans over next 6-12. This reduction in home loans will benefit the new home buyers as well the old buyers who have availed the home loan on floating rates.

3) Higher loan eligibility: Higher loan eligibility is expected to increase due to lower interest rates and all cheque transaction. Till now, the cash component involved in property transactions in Indian real estate market is estimated at 25%. These cash transactions are usually higher in lands and high-end properties while it is lower in case of affordable home segments such as apartments and flats. Salaried buyers tend to prefer all cheque transactions while self employed buyers prefer paying more in cash. Home loans are usually not available for funding the cash component of the property. With reduction in cash component and increase in cheque component, the overall loan eligibility will increase benefitting home loan borrowers.

With demonetization, huge amounts of cash will be under the formal banking system. Banks with excess liquidity will sanction more home loans at lower interest rates thus benefitting the customers. All this, surely seems to bring happy news to the house hunters.

PUNE PRIDE AWARDS, 2016

BramhaCorp & Residency Club Celebrates 25 Years of Gloriously Successful Journey In The Pune Pride Awards.

A person who feels appreciated will always do more than what he is expected. A recognition of good and commendable work is always worth the gratitude. BramhaCorp has always believed in appreciating such good work by awarding them in the most memorable way.

Residency Club has been a host to a lot of major Pune events and has been spearheading “The Pune Pride Awards”. These awards are facilitated by the Chairman, Directors and the most eminent personalities of Pune. Outstanding personnels of social, industrial, sports and educational fields are awarded for their persistent efforts and contribution for enabling equal prosperity and growth.

Famous personalities like Amitabh Bachchan, Prem Chopra, Smriti Irani and Diana Hayden have graced ‘Pune Pride Awards’ with their presence in the past few years.

These memorable functions are only on invitation to the dignitaries, elites and fellowship members of Residency Club in Pune.

On November 28, 2016 Residency Club celebrated this year’s ‘Pune Pride Awards’ and it being the Silver Jubilee year for Residency Club, it was a glorious and marvelous event. This specially instituted event- “Pune Pride Awards” is a unique initiative of honoring and awarding the dedicated and committed individuals recognized for their pioneering and versatile contribution in various fields making them proud citizens of Pune city. Hon. Shri R. K. Agarwal, Group Chairman of BramhaCorp Ltd. initiated this event and has been successfully witnessing the award ceremonies being delivered to the deserving individuals from diverse sectors of socio-economic backgrounds.

The inaugurating discourse of the ceremony was given by Shri R. K. Agarwal which was followed by an appreciation speech by the Chief Guest Smt. Rashmi Shukla, the Police Commissioner of Pune.

Some more dignitaries including Shri Bahri B. R. Malhotra, Chairman of the Advisory Board, Mrs. Lila Poonawalla, Mrs. Sabina Sanghvi, Mr.Vithal Maniar, Col.Sambhaji Patil, Dr.K.H Sancheti, Dr.Mohan Agashe, Mr.Chandrakant Borde, and Mr.V.M Maske made their presence at the event.

Awardees from all walks of life and the family members of courageous soldiers, who sacrificed their lives, graced the stage with their presence. Those family members were presented with sewing machines and others who were awarded, were Mr. Balasaheb Landge for outstanding achievement in Sports, Ms. Mrunal Kulkarni in Arts & Culture, Mr. N.M. Joshi in Academics, Mr. Ranjit More in Corporate field, Mr. Sanjay Nahar in Social Work and Mr. Darius Forbes for a Life Time achievement award.

“Awardees that graced the stage with their presence were;

Sports – Mr. Balasaheb Landge

Arts & Culture - Ms. Mrunal Kulkarni

Academics – Mr. N.M. Joshi

Corporate – Mr. Ranjit More

Social Work – Mr. Sanjay Nahar

Life Time – Mr. Darius Forbes”

Vantage+, An Appeasement to Your Living

With the rapid development in real estate, there are many projects blooming in the market giving you varied options to choose from. Every new location has now become a concrete jungle with more and more buildings being constructed. Standing tall and different from all these projects we give you Vantage+ by BrahmaCorp that invites a passageway to the elite life in lush green surroundings.

This venture offers a radical new meaning of comforts and extravagances at a price too good to be true with palatial 2 and 3 BHK homes and with laminated premium doors, vitrified tiles all over the living room and specifications found only in modern kitchens. Going along with the surrounding environment, the project also features solar water heaters to support the use of renewable sources of energy.

This project welcomes you with a grand entrance gate that leads into wide spaces leaving you speechless with modern and premium designs. Along with present-day amenities like jogging track, children’s play area, garden for senior citizens and 24x7 CCTV security to prevent miscreants from entering the area, Vantage+ comes with an earthquake resistant design, to withstand the effects of the disaster.

It is situated away from the congestions and hustle bustle of the city, in a pollution and traffic free location, but at the same time, it is only a 15 min drive away from popular shopping and hangout destinations like Westend Mall, Aundh and Balewadi High Street. A convenient location for working professionals with Pune’s IT hub Hinjewadi not too far away from the project,

The dream home you always wanted has now presented itself to you as a magnificent structure of brilliance and comfort! You can know the details about this spectacular project at our website or simply call us on  9595900378  and we will be happy to assist you!

Union Budget 2017-18: A good balancing act

The common man may not have got a great deal out of Arun Jaitley’s fourth Budget but the speech showed the Finance Minister has perfected the art of tightrope walking. 

He failed to live up to his promise as far as tax concessions are concerned. He did reduce tax rates in the minimum slab from 10 percent to 5 percent and give a rebate of Rs 2,500 from salary between Rs 2.5 lakh to Rs 3 lakh (thus increasing the zero tax level to salaries upto Rs 3 lakh). This fell a bit short of expectations that he would exempt tax up to Rs 4 lakhs. 

But the macro-level announcements are positive for the economy. First is the reduction in fiscal deficit, which will go down well with the purists, who were talking of following the principles of FRBM (Fiscal Responsibility and Budget Management Act). The FM gave himself some leeway by moving the fiscal deficit target to 3.2 percent for FY18 which will be lowered further to 3 percent in FY19. 

Jaitley’s balancing act is visible where he increases capital expenditure outlay by 25.4 percent but at the same time reduces borrowing from Rs 4.25 lakh crore to Rs 3.48 lakh crore. The move should ensure a growth impetus to the economy without triggering inflation and higher rates. Bond markets have slipped on the lower borrowing target, but the spotlight will now be on the RBI governor to reduce interest rates over the medium term. 

This also means that the government is optimistic of a strong tax growth, given demonetisation impact, and possibly higher receipts from divestment and spectrum sale. 

Focus of the Budget was on rural economy, infrastructure, digital economy and broadening the tax base. Agro economy benefits from a targeted allocation and focus on the farmer’s income rather than diffused spending on the sector as a whole. 

The affordable housing sector has been given infrastructure status: This will revive the housing sector, along with the interest subvention allowed earlier. 

Increased focus on transportation sector, which has a higher multiplier effect on the economy also will contribute to GDP growth. Further, no changes in taxes on the stock markets and clarifications on FPI taxes will go down well with the market. 

What has, however, left a bad taste is that there has been no reduction in corporate tax rates, though rates have been reduced for SME segment which accounts for 96 percent of registered companies.

Overall an expansionary Budget, continuing with the earlier trend of a focus on rural economy, infrastructure, employability and employment generation, all without much impact on the honest tax payer.


Courtesy- Shishir Asthana | Moneycontrol Research | Feb 01, 2017

Effective Tips for The First-Time Home Buyers

Buying your first home can be both exciting as well as stressful. Keeping in find a few crucial pointers can help ease the stress level and make the overall activity of researching and buying less time consuming.

Following are few effective tips/suggestions to help you get your dream house with less worry and more happiness:

1) Know your ideal price range:
It’s important to draw up a budget and stick to it while looking for a home. If you like a house but its monthly payment is more than you can afford, it’s better to move on. You may take guidance from your bank’s loan officer to arrive at a figure. He/she will be able to tell you the maximum amount the bank can lend and the interest rate. Though not accurate but you will be able to get a rough estimate of the price range that you can afford.

2) List down your non-negotiable features:
Starting from locality to space to amenities, make a list of features that you will not compromise on. Visit homes that are in, below and above your budget limits. Study how price differs with features, amenities provided and locality. Re-evaluate your list to what you are really looking for.

3) Contact a good real-estate agent:
Contact a realtor who knows about the area, the neighborhood and the market. A good realtor will save your house hunting time, will show you the options as per your requirements and in some cases will also guide you with his contacts of loan officers and real-estate attorneys, pre-informing you about all the documentation/approvals required.

4) Be flexible:
Be flexible with your closing date. Sometimes, may be the seller requires more time. It’s okay to be flexible while negotiating else a good option may just slip away from your hands.

5) Study the future prospects of the house:
Try knowing about the rate of appreciation of the house till date and its prospects for future. Figure out the future developmental plans and amenities of the locality.

Keeping in mind these tips and doing a little bit of research may change your nightmare of buying your first home into an exciting reality.

15 Money Saving Life Hacks For Your Home

With our budget conscious lifestyle, we often miss on our smaller expenditures. No doubt, saving a few rupees here and there can help cut our costs and add up over time to a big amount.

Worried about the effort, time and lifestyle? The good news is with a lot of life hacks for your home you can save this money without sacrificing on the quality and standard of your living.

Following are top 15hacks that can save your money at different places in your home:

1) Plant more trees:
Plant trees around your home. Make your surroundings green. This will not only refresh your mind and soul but will keep your house cool and beautiful. This will indirectly save on your AC bills.

2) Paint your roof white:
If you own an independent house, paint your roof with white paint since dark color roofs absorb more heat and make the house warm. This will avoid you from using coolers, air-conditioners and fans.

3) Switch to Compact fluorescent lights (CFLs): CFLs are more efficient, save energy and are long lasting as compared to standard lighting methods. CFLs can bring down your cost to approx 6000-7000 rupees a year.

4) Use natural cleansers instead of buying expensive cleaners:
For example, all it takes to clean your sink is salt and lemon. Rub lemon and salt and it will take away the hardest and the ugliest stains in minutes.

5) Use electric kettles: Electric kettles are indeed very economical, cost effective and can make instant tea and coffee as compared to boiling the same amount of water using any other resource. Electric kettles can save on your gas expenses.

6) Keep your room closets close:
Though it may sound strange but close closets do save the energy consumed in heating and cooling that area plus avoid wearing out of clothes.

7) Cut back on water usage:
Closing the water tap when not in use while brushing your teeth and taking shorter showers or by reducing the water flow of the showers can actually save you energy and reduce your water bills each month.

8) Adjust your room temperature:
Set your room temperature to 20 degree Celsius in winters and 26 degree Celsius in summers can save your energy bills and keep them low. Anything lower and higher may consume 3 times more electricity per degree. It’s better to invest in a programmable thermostat that will adjust your room temperature automatically.

9) Adjust screen brightness:
With great power comes great electricity bill. Adjust the brightness of your television, computers to save on energy to reduce power consumption.

10) Wash clothes efficiently:
Use cool water to wash clothes instead of warm. We understand some clothes may need to be washed with warm water. Make a habit of washing only such clothes and stains with warm water. This will help you save the electricity bill.

11) Dry clothes on clothesline:
Not using dryer and drying clothes on clothesline can actually save around INR 2000-3000 a year.

12) Unplug unused electronics:
Studies show that certain amount of energy is consumed even if an electronic is not in use. It’s better to unplug all the electrical appliances once you hit the bed.

13) Install a water purifier:
Investing in a water purifier is a wise call than buying 20 litre water bottles on a regular basis. This has many other benefits too. It works handy to have clean and purified water 24X7.

14) Cut down on your cable bill:
These days cable companies offer different plans that can help you save more.Opt for a plan that works best for you instead of opting for premium plans.

15) Use herbs and fruits from your kitchen:
To make air fresheners and avoid buying expensive counter air fresheners, you can use fruite peels instead of throwing them, herbs and spices.

All these tit bits will surely save you loads of amount. None of these hacks will lower down your life quality. All it requires is just an extra bit of caution and care and your savings will surely rise drastically.

Its Luxury Calling at Meander - Luxurious apartments at Kharadi

Meander - Luxurious apartments at Kharadi Pune

It might beyour highpoint designer ensemble that may bequeath delight or your top position of CEO or CFO at workplace or may be a luxurious car to flaunt around but to tower them all there is your brand new covetedaddress that will get the true envy from the spectators. It is an address that would make you feel proud in true sense and would inevitably arrange itself in your list of the most treasured belongings. BramhaCorp Ltd brings to you its high –end Meander project. This classy and ultra-luxurious Kharadi apartment is all designed to help you make peace with happiness and luxe.

The exotic offering of 2BHK to 3 BHK spacious apartments at Kharadi are all designed with detailed specification and highly defined features. It has been especially created with wave architecture, so as to help the penetration of maximum sunlight in the apartments to boost up your energy levels. It also offers you spaces like the amazingly fabricated rooftops where you can reflect yourself through swanky parties or a traditional family affair or a silent meditation zone,contributing to better life.Even your informal meetings will have an exciting turns at this rooftops. Also get ready to freshen up yourself with a dive in fresh waters at the sizeable swimming pool at the premises of this luxury apartment at Kharadi

Let your family grow amongst the most desired premises of the city, the manicured vistas will totally afresh you and will let harmony dwell in your lives.Now catch the view of the beautiful panorama around you at Meander and indulge in the enticing happiness. BramhaCorp Ltd has left no stone unturned to give you what you deserve as this cornered flats in Kharadi at Meander has been structured to give you a 3 sided view that ensues pure indulgence.

You name it, they have it.if you are doubtful about the location you need not worry as this luxury apartments at Kharadi stand exactly opposite to the 5 star hotel Radisson.So not only the apartments but all the nearby in your address will for sure create a lasting impression on the minds of your colleagues, friends and other visitors. The issue of limited parking spaces has caused lots of ire among the home-buyers but be at comfort at Meander as it offers ample car parking space to fit in your and other's car as well. Besides it has vicinity to all the major hotspots of the city.

BramhaCorp Ltd an ace developer of Pune correctly defines luxury living and all is ready to absorb people in new way living. The group has branched its construction in to various segments of leisure and commercial and has achieved a benchmark in the segment of luxurious living.

Waterbay - To Nature with Love - Luxury Apartments at New Kalyani Nagar Pune by BramhaCorp Ltd.

Waterbay - Luxury Apartments at New Kalyani Nagar

To mesmerize the city of Pune with its mysticelan and frill, BramhaCorp Ltd. has unleashed its exclusive realty project,Waterbay in the heart of the city. Embroidered with comfort and security these high-class luxury apartments in new Kalyani Nagar, Pune mirrors new age living. Also the project title manifests the word water which in itself indicates freshness and if just the thought is so magical what if you get a chance to reside next to still rivers and wake up every day in natures embrace. Yes… the feeling is so truly inexplicable. So get ready for a refreshing experience that awaits you at Waterbay.

The Waterbay assortments have every luxury and specification you wouldn't regret falling for. The select luxury of being in the prime location of Kalyani Nagar with proximity to all the surrounding hotspots along with the detailed specifications from the kinds of light and lamp used to the fabricated decors will make you fall in love. Each and every apartment at Waterbay is skillfully made with blend of futuristic designs and brace of Mother Nature that would offer you, your much cherished abode.

The city of Pune has witnessed a great transition, the introduction of new and upgraded technology in education, business, hospitals, etc has made it unavoidable to converge ourselves in future housing. Ensuing similar lines, the leading market giant BramhaCorp Ltd is all set to change the facet of real estate in the city. The Peaceful destination of Waterbay will truly raise the standard of living in the city and surely create an example for future living.

To provide you and your precious family with urbane amenities these luxury apartments in New Kalyani Nagar has stylish interiors, walkways, swimming pools, covers of green and of course not to forget the serene riverside of azure water that never keeps you away from nature thus being the perfect slice of paradise on this earth.

With spacious vistas and open living spaces Waterbay is also designed to take care of the most crucial factor of security.Hi-tech security systems have been placed in the premises to ensure that you don't miss on your daily dose of excitement at Waterbay.

BramhaCorp Ltd is a leading brand in the India's real estate map and has become a trademark for other builders in Pune. The group has delivered projects for all segments and has mastered in luxury segments. The group's long run vision has reformed piece of land into verve of God's land. Choices and preferences of individuals are taken in to consideration when designing the apartments.Every construction of group depicts a journey profusely gifted to the buyer. In short it is your nation where you are the King.