Traits that define a good real estate developer

The leading entities of every industry enjoy the greatest opportunities, success and reputation. Customers look for certain characteristics in the service provider before they choose and associate with them. Though, choosing an ideal provider or company is tricky but it is not impossible. With the real estate industry booming as a trending investment option, consumers look for ambitious investments in this industry with trusted real estate developers. 

The successful real estate developers are not made overnight. Anyone can be real estate developer, but certain qualities and traits are required to attain that zenith of success. Let us see what those traits are.

Nowadays, to help customers with the better transparency of real estate investment, RERA has mandate few guidelines. And every real estate developer has to follow them. RERA is a key point to consider these days. Let’s discuss, apart from RERA, what all other things you need to consider while investing in property.

· Legacy

Legacy is something everyone leaves behind for the successors, a heritage that will stay with them for years to come. In the real estate arena, a great legacy is established on the foundation pillars of values, work ethics, the excellence of work, and success of projects. The company leaders have a huge role to play. Their leadership, decision making and more importantly ability to deliver quality project decide the journey of the company. Having a rich legacy will cement the company’s position in the market will help them grow further.

· Past Projects

The projects of a company reflect the company’s stature in the market. If the past projects have struck the right chord with the customers, then the company’s reputation is strengthened with every happy customer. A series of great projects represents overall success and proves that the company studies the current market situation thoroughly and delivers work according to the changing needs of the buyers. Successful projects attract more investors in future and showcase your project-handling capabilities. In the real estate industry, the experience of creating premium projects like luxury villas, resorts and 20+ story apartments gives the company an edge over the competitors.

· Awards And Accreditation 

Awards and accreditations received by a company not only talk about its achievements but also the recognition it has from the industry authorities. Check if your real estate developer is awarded by some prestigious organizations like MCHI-CREDAI, CRISIL, Realty Plus, Estate Worlds, Pune Real Estate Awards and some international awards like Asia – Pacific Awards and so on. These awards and accreditations are equally important as the testimonials of satisfied customers are.

· Credibility

Before investing in any real estate project, we always think about how reliable or trustworthy the developer is. Credibility establishes a great nexus in the real estate industry and attracts the potential buyers. If a firm is delivering the projects on estimated time with supreme quality and great service, then the company will gain trust from not only the customers but also the potential buyers.

· Transparency

When there is clarity in business relations, it automatically helps in gaining the trust. For real estate developers maintaining the transparency is very important, as it will be a catalyst to get future projects.

These traits are found in the popular and trusted real estate developers like BramhaCorp and every real estate company strives to imbibe these traits, which ensure an efficacious business journey.

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.

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.

Luxury Living Redefined

Luxury Living can be defined by four of the most important aspects, namely- Lifestyle, Dining, Travel and Living. Here’s a glimpse of these elements when it comes to Pune.

Luxury and Glamorous Lifestyle in Pune
Presently, Pune stands as an important component of the world’s technological advancement, and the same is reflected in the modern homes of the city. The concept of luxury living has evolved, and the luxurious and glamorous lifestyle has become an integral part of the city. Just like the metropolitans of the country, Pune attracts visitors and home seekers with a high standard of lifestyle being offered herein.

Luxury Dining
Pune has evolved over the years, and it has now become an ideal center for one of the most luxurious dine-ins across the region. Those who are fond of lavish and tempting delicacies of various cuisines can enjoy a plateful of these in the best fine dining restaurants of the city.

Luxury Travel
If you are among those who prefer traveling with style and who wish to live a life of more comfort and high elegance, then this city is an ideal choice for you. There are various on-call cab facilities and reliable public transport options available that make traveling in Pune comfortable yet budget-friendly. The culture of Pune is similar to that of any other metropolitan city of the country and hence you can enjoy a great, luxurious traveling experience in the city.

Luxury Living in Pune
With the changing lifestyle and the need to cater to the dynamic changes among the individuals, there has occurred a need of offering exclusive elements within the boundaries. Although big, large spaces still add a charm to the luxury, it is not just about these spaces, as luxury has shifted to the location of the property and the range of amenities available as per the dynamic lifestyle. Everything has evolved, and what was a luxury in the past is a necessity today. Luxury is now no more limited to just the grandeur but has extended to space efficiency. With limited spaces, more advanced methods, designs, and concepts are implemented by the builders in Pune, to construct flats that are high on efficiency.

For instance, swimming pool, gym, and similar amenities were earlier considered as elements of luxury, while now they have become necessary amenities. So, if you are looking for a luxurious property in Pune, then don’t just look for space, but also look for the amenities and facilities, as things have changed and so has the meaning of luxury.

Why should you invest in Pune’s Luxury Property Market?

Are you looking for some wise investment in real estate? Then your search ends in Pune. One of the most rapidly growing cities, Pune offers you an excellent return on your investment. Pune is a paradise if you consider its proximity to Mumbai and its pleasant weather throughout the year. Real estate developers are wisely picking up places around Pune which have superb growth aspects and are cashing in on the rapidly expanding horizons of Pune. When you think of returns, this move of investing in luxury projects in Pune is going to reap rich dividends in the long run.

Now, why should you invest in Pune’s luxury property market?

1. If you are living in Mumbai, then it makes sense to invest in a luxury second home in Pune. Luxury homes, because the amount you would spend on a simple second home in Mumbai is equivalent to the amount of a luxury home in Pune. And with that budget, you get so many choices to select from, in Pune.

2. Pune is affordable to invest, and furthermore, you get to enjoy the lifestyle as much as in a big metropolitan city. Be it shopping in malls or supermarkets, or eating out at the best dine-outs, Pune has everything big cities offer.

3. Pune has pleasant weather, and that makes it a pensioner’s paradise.

4. Pune has everything a cosmopolitan city offers; be it regarding education, health, work or entertainment. And, it is not crowded like the other metropolitan cities. With major investments in infrastructure like the transport system, the city has been able to attract foreign investors to view Pune as a promising destination for business investments.

5. In case you want to let out your apartment for rent, then you are sure to get more than enough of return on your investment. And luxury homes are often in high demand for people who come for short-term assignments and would not want the hassle of purchasing furniture and utilities in their rented apartment.

6. Even when the economy was down, the real estate market held its high in Pune. That is because the real estate developers never encouraged mass buying for investment sake and never allowed the prices to rise by speculation. So, even when the market was down, Pune real estate was going steady.

7. The city offers a lot in terms of employment opportunities in Automobile or IT, Banking or Education. Job opportunities are on the rise and this is why investing in Pune is never going to disappoint you.

8. Are you tired of working the whole week? Drive to weekend getaways near Pune like Lonavala or Khandala. You want to go on a long drive; solo or with family and friends, Pune has a whole lot of destinations in and around it. So life is never devoid of fun when you are in Pune.

9. When compared to other growing cities, Pune is considered a safe place with low crime rates. You needn’t worry about you and your family’s safety in this city.

10. Pune is growing by leaps and bounds in infrastructure, education, technology, and health. You will get ample excellent options for your kid's education or healthcare facilities for your family. And it is affordable both in terms of education and healthcare.

Investing in real estate makes sense when the location you have selected has the potential for growth. Pune is the city which is already developing and has scope for further development. It is one such city which will make you want to invest in its real estate.

A Complete Guide to Researching Property Online

If you are planning to buy property online, then you would definitely be making a massive investment in the project. For most of the homeowners, it is an investment of their lifetime savings. Booking a house online might be slightly odd to few people, but the present day’s real estate projects depict that booking a house online is now pretty much convenient and hassle-free.

Buying homes over the internet has become an on-going trend that the modern population of India is following. However, there is a vast group of people who still do not have complete knowledge about the correct way to select a reliable seller and make an apartment booking online. Most of the time, individuals are confused about the precise functioning of the online booking facility. They are concerned about the reliability, safety, and authentication of the services and product being offered for sale. But, the good thing is that there are a few good builders and sellers, and a couple of reliable websites that can help you buy a house exactly as per your needs.

If you are planning to invest your money in real estate Pune, then you can avail a convenient solution by booking the property online. With reliable and safe platforms, you can avail a genuine real estate deal and can safely book your residential or commercial property online without the concern of losing your money or engaging in any fraudulent activity.

You can book a property online in Pune in just a few simple clicks. For this, you first need to search for the latest real estate projects being introduced by reliable and certified builders in the city. Once the builder is selected, then you can look for all the residential projects within your preferred location. There is a possibility that you may get numerous options from a single builder or various properties from different builders. So, depending on your preference, you can make a selection and then proceed further.

Once you have done a detailed research about the property and have confirmed everything related to its pricing, location, year of construction, reliability, and other important aspects, you can then make the payment. A reputed real estate website would offer you with the convenient way to make payments through a variety of payment gateways. One way to identify the reliability of the website is to stick to websites that use the Bill Desk payment gateway, which is considered one of the safest options. This payment gateway is safeguarded using the Secure Sockets Layer or SSL encryption.

With this safety feature, it is ensured that your account details, personal information, and other vital exchange are never shared or transferred to any other website. It provides strict security too and makes sure that your information is not being viewed by any unauthorized access.


Over recent years, there has been a range of premium properties in Pune that offer luxurious lifestyle and modern amenities to the homeowners. So, check for such properties and gain complete information about them to buy a home online in just simple clicks.

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.

Meander- A Mesmerizing Community with a Vibrant Neighborhood

Having undergone significant changes over the last few years, Kharadi is now emerging as an important residential and industrial hub. A multitude of factors driving its growth such as excellent connectivity to areas like Kalyani Nagar and Koregaon Park, well developed social infrastructure and its adjacency to IT hubs without forgetting tremendous growth in lifestyle.

Meander- a road touch project by BramhaCorp perfectly placed in Kharadi offers spacious 2 and 3 bhk apartments having sweeping vistas of the city giving you the best connectivity to banks, shopping malls, multiplexes and offering a one stop destination for a perfect family or a social outing- Phoenix Market City and Inorbit within its vicinity. Meander renders all the conveniences within 2 kms radius.

This project with a twist of sophistication devotes some of its best amenities to you. To begin with, a safe and stunning rooftop swimming pool that ensures privacy, solar hot water connections in each bathroom/ toilet units, generator backups for common areas and enhanced with wave architecture for optimum sunlight and cross ventilation.

Meander is built with precision since the time of its conception. This phenomenal earthquake resistant structure comes along with an anti termite treatment at foundation stage, fire fighting systems and the list can just go on. But well, and it doesn’t end here! These stylish apartments come with superior P.O.P wall finish with acrylic emulsion for internal walls and superior quality acrylic paints for external walls.

BramhaCorp, the name says it all- a trustworthy brand that never fails to go an extra mile to raise its standards to offer Pune with a new venture of comforts and luxury. Be rest assured, this project is here to surprise you with one of the best Pune can ever have!

Tips For Applying For a Home Loan

Taking a home is one of the biggest investment which requires a lot of thought and funds in this time span where prices of the property are reaching the skies. Applying for a home loan has it’s own benefits – reduction of taxes etc. But choosing the right kind of loan is also of prime importance. To avoid the latter surprises, it’s better to bear a few pointers in mind.

1. Good Research:
Do not believe your agent with a blind eye and a deaf ear. Do your own research of the best deals and terms available in the market. Research just helps you with better options. Some banks allow different facilities, choose the one beneficial for you.

2. Down Payment: 

Every borrower has to pay some amount of money from his own pocket. The bigger the amount, the lower the interest rate will be. Make sure of the amount you will be giving as down payment to increase the bridge funding and the difference in the interest rate.

3. Spend Cautiously: 

Keep a watch during your home loan span. Benjamin Franklin said it right- “A penny saved, is a penny earned.” and fits perfectly in case of home loans. You can actually use your savings to foreclose your loan.

4. Floating or Fixed?: 

Floating interest rate is connected to the market which moves as per the market rate. Fixed interest rate remains fixed for a mew months as mentioned in the loan agreement. Learn the benefits of the two while applying for a loan.

5. CIBIL Score: 

This is a score that reflects your credit rating. Make sure you maintain a CIBIL score of 750 plus to get your loan approved without hassles. CIBIL data indicates that 80% of the banks approve home loans only if your score is 750 plus or else your application might get rejected or with a higher interest rate.

6. Stay Up To Date: 

There are constant changes in the interest rate or home loan terms from the RBI. Keep yourself updated before you end up regretting later.

7. Compare Deals: 

Whether a fresh loan or a balance transfer, compare deals from the competitors, and then sign the agreement if it convinces you.

8. Read the Documents: 

You might be bombarded with all types of documents but it is essentials you read all the terms carefully before you sign the documents. Take your time, ask as many queries till it’s not crystal clear. It is important that you know your deal extremely well.