Vastu tips when buying a home to ensure positivity

Vastu is a traditional method of following a set of rules to build and maintain homes that assure a life of prosperity, comfort and peace. Vastu Shastra is a mix of science and art; it blends the five elements of nature (Earth, Water, Fire, Air, and Space) and uses the science of direction to make sure that the dwellers of the homes live a healthy and wealthy life. The builders while constructing the homes should adhere to the rules and norms of Vastu. Vastu has a distinct set of rules for developing a building and these can only be applied at the time of construction; Vastu also has a different set of rules to maintain a home.

Follow these Vastu tips while buying a home to ensure a peaceful and comfortable life:

1. Vastu tips for Bedrooms: Bedroom is the most personal spot in a home and thus it needs a lot of attention and care while it is being planned. Some of the important Vastu tips for the bedroom are:

a. Make sure that the door is made of strong material so that your personal life is free from outside interference and you can rest comfortably.
b. Upon entering, ensure that the first thing you glance at makes you happy and positive. This can be anything from a photo of your family, flowers or even a painting.
c. Your bedroom should not be messy; there should be ample space for movement and the bedroom should be squeaky clean.

2. Vastu tips for living rooms: The living room is the place where the family gathers together and have discussions. It is also the place where your guests sit when they visit you. It is an important area of the house since it can attract a lot of attention from the outside. By following these Vastu rules for living rooms you can ensure positivity in the house:

a. When sitting in the living room, the owner should face the north or the east and the guests could either sit beside the owner or opposite to him.
b. All the electronic items should be kept in the south of the living room as this is the direction Vastu considers to be the direction of fire.
c. The living room should be at a lower level than the rest of the house to ensure comfort for both the guests and the owners.

3. Vastu tips for kitchens: A Kitchen is a place where all the people attain their health from, and we all know that health is wealth. Therefore a lot of attention should be given to the Vastu rules for the kitchen which are:

a. The Kitchen should be at the corner of the house.
b. The electric gadgets such as the mixer and grinder should be at the south of the house as this is the direction of fire.
c. The kitchen should not be placed next to the bedroom.
d. The water should be placed in the north-east region of the kitchen as this is the best direction for water as determined by Vastu.

By complying with the Vastu tips while buying a home you can live a life full of prosperity, happiness, health and wealth.

December 15, 2017 / by / in , ,
Good news! Home loans are cheaper now for more buyers

On Thursday, The government of India announced that loans will be cheaper even for marginally bigger homes bought by middle-class groups in a move that should uplift requirement and help kick-start the real estate sector. The rate at which the homes are purchased has attenuated sharply for various reasons; while the buyers wait for the prices to fall; new launches are held back due to the roll-out of rules under Real Estate Regulatory Authority (RERA) in July. It is believed that demonetization has hurt some sales of homes; by the end of September the inventory of apartments is close at Rs. 6 Lakhs. The vice-chairman of Housing Development Finance Corporation, Mr. Keki Mistry mentioned that the low interests for larger homes should boost purchases. However, Mistry also felt that the caveat that those who already own a property would not be eligible to a lower interest should be put away as there are some buyers needing a second home. A proposal to allow those with an income of Rs. 12 LPA to buy or build a house up to 1200 sq ft was approved by the Cabinet on Thursday; earlier the area was restricted to 900 sq ft. Those having an income of up to Rs 18 LPA can avail loans at a lower rate to buy or build a home up to 1,500 sq ft; earlier it was 1100 sq ft. Also covered by the scheme are purchases in the secondary market.

The Managing director of State Bank of India, Mr. PK Gupta there would be an increase in purchase at a time when buying had slowed down, thanks to the new rules. The Vice-chairman and MD of Indiabulls Housing Finance, Mr. Gagan Banga, implied that given how buyers’ favoured slightly larger homes in the Tier-II and Tier-III cities, some prospective buyers had not been able to take advantage of the soft loans. “We expect many of them will not use the opportunity to buy homes now,” Banga noted, adding that the cities such as Pune, Chandigarh, Ludhiana and some pockets in south India could see a boost in sales. Recently, Crisil Research wrote it was unlikely that the demand of residential property would revive in the next 12-18 months.

The analysts at the ratings agency noted: “Though capital values have been under pressure over the past few quarters, a significant chunk of supply in many micro markets remain unaffordable”. At the end of September the total outstanding of mortgages with banks was 12.8% higher than those in September 16. The increase in outstanding between September 2015 and September 2016 was significantly higher, when they had grown 18%. Since demonetisation the pace has moderated averaging 15% monthly in spite of an effective asset price correction of around 5-10% in H12017. However, over the past year the housing finance companies disbursed at a reasonably fast rate.

The government, earlier this year, had permitted buyers with an income of between Rs 6 LPA and Rs 18 LPA to borrow at reduced interest rates. According to the data on the MahaRERA website, nearly 3.5 lakh homes of the registered 6.7 lakh apartments in Mumbai Metropolitan Region have not found buyers yet. Experts note that to make homes affordable, developers are exploring for more affordable locations. “Developers are building smaller apartments because compact two-bedroom homes are selling faster at the moment. The interest subsidy for slightly bigger homes will help clear off inventory from older projects,” implied Rohit Gera, MD, Gera Developments.

November 17, 2017 / by / in , , ,