My Neighbor Has Sold His Apartment In Price Than I Sold Mine!!

Since IPL fever is on, everybody wants cheer his/her home team from the home ground. Now coming to the tickets, people buy same tickets of different prices. Similar incident happens when two same featured residential units participate on a sale. One of them gains higher than the second one. Now you might be thinking why the other property earns more than yours? There are some prototype facts that have power over resale items. Explore the facts affecting the resale value-

A smart home-seller will always keep a track on the market valuations. Market keeps on fluctuating. For obvious reasons you will want to sell your property, when the market returns the best value against your old property.  Therefore, being a seller you should have a proper data regarding the market condition.
Location plays an important role in buying/selling properties. Properties close to market place, high streets and business hubs never really grow old. These are the areas where you can get the better market price while selling your property if situated around these areas. But if you have a too old asset, the better value you can only earn from selling it to a promoting firm.

Before putting your apartment on sale it’s always better do a little bit renovation if required. This will create positive impact on the buyers’ mind, might add few extra weight on your revenue reel. Improve your property with time. This will increase the resale value. Renovate your property following the recent market trend. Don’t execute with your own vision. Buyers mainly get allured by the class and quality of the architecture. They pay for the condition and sense of style which is original about any property.

Space shortage is another issue that brings wrinkles on buyers’ face. Mostly people visiting a resale site count the number are area of bedroom and washroom. In today’s properties we see more than one bathroom options for better facilities. If your property falls short in order to provide spacious living room and bedrooms, then it won’t attract many buyers.
Above all if your property or locality has any negative history from the past then above all discussed facts even can’t save your property in reality. End of the day, buyers reach up to you after doing all the researches and inspections.

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Basic Tools That You Should Keep Within Your Grip

Advanced tools that you are going to have in your recent future always hit first on silver screen. We see heroes flying from here to there using the power of automation. In coming days humans will be replaced by robots. Heavy loaded jobs can be easily performed by a small toolkit inside your household. Trust us these tools are affordable and perform without any laudation. Here are some tools that are really essential to have a trouble-free household.

Utility knife- A folding utility knife is essential to sharp/scrap any object and even to open cork of bottles. This small knife has the power to cut strong adhesive of parcels.
Stepladder- Height has been always an issue for hanging your portraits and keeping the jars out of children’s’ reach. Fixing electrical problems and dusting have lots of friendliness with a stepladder.
Hammer- We believe hammer is a modernized version of a heavy-weighted stone to give a blow. Hammer is the most used tool in the household to break or even bend something solid.
Wrench- For twisting something wrench is an essential requirement. This tool is used to get a solid grip in turning objects like screws and bolts
Drilling Machine- A pocket size drilling machine and drilling needles is what you need when your mechanics are on holiday. Sometimes creating a dig too has some necessity.
Extension cord- If your power point is not in the range of your working field which essentially needs some electric connection an extension cord can only understand your situation better than anyone.
Multi-bit Screw driver- Want to turn screws with slotted heads? Keep a multi-bit screwdriver at your home. Trust us requirement can come anytime than you think.

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Central Tips Off States Not to Adulterate Law On Real Estate

Modi government has instructed states against any dilution of real estate law, passed by the Rajya Sabha on 10th March and by Lok Sabha 15th March, 2016.  Widely accepted as RERA this act had been passed to protect the ethics of the buyers and to surge the real estate sale along with the code of law. Now the centre has again declared that any minor move which happens to be a jag in the execution of RERA in the state level, will be followed by serious overtones, including a mass scale uproar. The ruling ministry also made it certain that all under construction buildings that haven’t been delivered any completion certificate by May 2017 will come under the regulatory system.

On Tuesday Union housing minister M Venkaiah Naidu stated to chief secretaries and secretaries of state housing departments that the Real Estate Regulation Act was "one of the most consumer-friendly law passed by Parliament, and states had no power to dilute its provisions"."There are a lot of expectations from this Act from all stakeholders. There are some media reports that some states have diluted a few of the Act's provisions in the rules notified by them. States don't have such powers and I hope such reports are not true. Today, I want to make it clear that any compromise with the spirit of the Act will have serious implications, including public outcry," Naidu told the state representatives in particular.

RERA came into force from May 1st 2016 with 69 of 92 notified norms. This cautionary comes in the midst of reports of some of the BJP-ruled states such as- Gujrat, Maharashtra and MP modifying and curbing the rules, which are somehow disturbing the balance and appear to be biased in the builders favor. Even there are some issues with notified laws of UP, which don’t meet the terms of the union introduced laws related to the ongoing real estate units. It’s seen that Gujrat, the state which came first with the notified RERA rules, has also mixed and moderated some rules in this provision to be good-hearted to the builders.
 
The ministry also said no to all offers and suggestions to amend some norms came from the state level. This is mostly raised in demand of bringing all existing projects are built over plots over 500 sq mtr size under the law. But housing secretary Nandita Chatterjee told states that no amendments to the Act would be considered at this stage since full implementation of the Act would begin only in May. Union Cabinet Ministry had already permitted 20 major amendments to the bill based reference.

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