Real Estate

WHY TO INVEST IN REAL ESTATE IN A TUMBLING ECONOMY?

April 14, 2020 0 Real Estate

There is no doubt that these are uncertain times. Uncertainty about the future of economy and about our social relationships. For now, the focus worldwide is on creating a healthcare infrastructure that can help the civilization to sustain in the face of Corona virus. However, there are some less-reported developments, which are important for our future. Let me try to delve deeper into some of these aspects, which will have a long lasting impact on all of us.

As a response to the Covid 19 induced challenges, the governments worldwide have committed funds to fight this menace. That’s a wonderful news, because governments everywhere have shown a firmer resolve to fight a problem that has hit everyone, ever in the history of mankind. Starting from US to Japan to Europe and including middle-east to India, every government has simply opened its purse to pump in money into the businesses and healthcare infrastructure. It is estimated that all governments put together would invest close to 2% of world’s GDP into fighting Covid-19 pandemic. Now that’s a lot of money. We have never seen this kind of money supply coming all at once.

So what will this money do and where will it go. Let us look at history and try to figure out how this money would flow in and what would be the response. This money will start flowing into various infrastructure projects across the world. We have seen this story playing out so many times in past. Let’s take example of the world after Second World War. While, anyone around there at that point of time, would have thought that countries like Japan and Germany will never be able to grow out of world war devastation, what we see is completely opposite. The two countries not only repaired themselves but became the foremost world economic powers over the years after the war. Both of these economies are part of the top 5 economies of the world and the most stable ones.

The same happened during the great depression after the World War 1 and the oil price induced depression of 80s. Even if we look at our own Indian stories. In 1990, we reached a level where we felt like collapsing economically. There was a time during PM Chandrashekhar’s rule, when we didn’t have money to meet our debt commitments and we had to pledge our gold reserves. But what happened in the years after that. Did not we see the biggest asset growth in 30 years starting in 1991? It may look counter-intuitive when we are inside a crisis but when looked at retrospectively it all started making sense. The people who had the foresight to buy assets during those times of crisis, earned sweet returns on their investments. But those who were afraid and did not invest in assets, were left high and dry. The high inflation reduced the value of liquid holdings significantly.

Let us look at another aspect of this economic fight against the virus. Remember, since the world is fighting this together and it is known that if Corona virus simmers in any geography, it will affect the entire world, the movement of money will be swift across the borders. Fortunately India is at the forefront of this war against virus. There are several reasons for the same. Our large young population makes it an interesting case to watch out for how the virus story plays out here. We will discuss more about its impact in the next paragraph. Another contributing factor is our leadership position in Pharma production. Thirdly, our big IT sector. While China has been losing trust of the world as a dependable supplier, the democratic nature of our country enthuses more trust in other countries.

So why will we be better off with a younger generation? One, the mortality rate in youngsters is significantly lower than the older generation. We have a significant percentage of our population younger, which is much more than any large economy. This coupled with the fact that the way China has handled the Corona pandemic will bring India at the forefront for the corporations who want to move out of China and relocate. The Indian response to this pandemic and the statesmanship that our leadership has shown will keep us in good stead. Our leadership position in Pharma industry and our positive contributions to world society’s sure to make world look at as much more favourably. The idea of looking only at efficiencies while ignoring behaves aspects completely has made the world realizes the kind of challenges it poses. And therefore, we already see a much more positive tone for India than China or any other country.

Another significant change that the world will face on behaviour and social aspect is also a big plus for India. We are going to see a big shift in our behavior when technology will become much more important than what it has been. The social distancing will be the new norm and work from home the new corporate mantra. Outsourcing of work will get more traction and technology will be the way to go, for most developed western world. India holds a significant advantage in this area with significant progress over last 2 decades.

But how is all this going to affect me? And what should be my actions now which will benefit me economically in future. With expectation of these large government spending worldwide finding a route to India as deduced above, will create a surge in the prices of physical assets in India. While virtual assets like shares and bonds may take a long time to appreciate, physical assets like real estate will be appreciating fast and for a long term. Added to the fact, that new developments of real estate projects have already been very low as the segment has been facing head winds for years. The property prices have not appreciated for last few years and supplies are constant. With new norms of social distancing in place, the laugh of new projects will be much slower. So we will be in a state where too much money will chase too few assets. And that is when we will see a fast and sustained increase in real estate prices. Our parents have seen it and benefitted from it in earlier moments, now is our time to invest in Real Estate and earn long term. So, if you have some liquid funds, keeping it like that is sure to erode its value. However, investments in Real estate when economy is tumbling, is sure to help you make a fortune.

For more information please visit our websit:www.paarthinfra.com

Buying Flat on Kanpur Road in Lucknow

January 6, 2020 0 Real Estate

Lucknow is a city of traditions, monuments, food and education. It has a rich history and a futuristic outlook. The residents of this metropolis are gentle and caring and civic values are rated highly here. No wonder then that getting a flat here is topmost in the minds of most of the people who have some connection with this city. Whether someone has stayed here for a few years for a job or has stayed here for his studies, an urge to buy flats in Lucknow is strong. Also, the fact that the medical facilities and law and order situation is as good in Lucknow as in any other metro town in India, the population in UP are generally gravitating towards Lucknow city.

Lucknow has been a large town for decades and has grown exponentially over the last few years due to the above reasons. However, as in any other city, there has been an asymmetric growth of social and economic infrastructure. Also, the cost of property in different areas has appreciated differently. While taking a decision to buy a flat one needs to ensure that all the various metrics are taken into account to be able to make the right decision. On a deep analysis, buying a flat on Kanpur road in Lucknow comes out to be the best value one can get with money in this city. Let me elaborate this a bit more :

  • Buy flats in lucknow,flats in lucknow
    Flats in Kanpur road Lucknow

  1. Location – Lucknow and Kanpur are the most developed towns of central Uttar Prades. This road connects these two major towns. One can safely term it the economic highway of UP. This area is located very close to the Amausi airport, which is now an international airport. There are good educational facilities in the area. Sanjay Gandhi Post Graduate Instt for medical sciences (an offshoot of AIIMS) is close by. This has resulted in the best medical facilities of Lucknow to be concentrated here. This road directly connects to some of the best markets like Ashiana and Alambagh. Charbagh Railway station is also a short drive away.

  2. Cost of living – The cost of living in this part of the city is relatively low. The cost of flats is also up to 40% lower than the similar developments in the Gomti Nagar area, which has appreciated too fast and doesn’t offer an investment opportunity anymore.

  3. Quality of developments – This area is witnessing some of the best residential real estate projects of late. There are few large and experienced developers who have launched projects in the area. For example, there is a township, Republic by Paarth Infrabuild which is an integrated township of pre than 500 acres with all modern amenities and uses SMART systems.

  4. Future developments – The highway connecting Lucknow and Kanpur is being upgraded. The metro train network which has already reached the airport, is planned to be extended around this area. A number of institutions are planned here.

Going by the above analysis, it is clear that buying a flat on Kanpur road in Lucknow is the best decision one can take if interested in buying residential flats in Lucknow.

What’s the Best Time to Buy Property in Lucknow?

January 3, 2020 0 Real Estate Residential Properties

Lucknow is the eleventh most populous city of India with a population of approx 28 lacs. It is the capital of the most populous Indian state, Uttar Pradesh. Everyone in Uttar Pradesh, especially in the Central and Eastern part of it, wish to have a house in Lucknow. The reason is not difficult to find. Lucknow is a beautiful city with excellent academic and health care facilities. It is known for some of the best schools like La Martinier, Colvin Taluqdar’s and City Montessori. It also boasts of an IIM, a Medical college and several Engineering colleges apart from a well reputed Lucknow University. A number of private universities have also set up their campuses here in the last few years.

Paarth Aadyant property at Gomti Nagar extension, Lucknow
Inside view of a Paarth apartment on Gomti Nagar extension in Lucknow

And why not? Let’s look at some data. Currently, only 40% of the population in UP is Urban and it is predicted that by 2031, almost 70% of the population in UP will be urbanized. No wonder then that the most developed urban centers like Lucknow will grow the fastest and as they grow there will be a huge demand for housing. This considered with the fact that Lucknow is ranked sixth in a list of the ten fastest-growing job-creating cities in India according to a study conducted by Assocham Placement Pattern. Considering the substantial growth industry has shown in Lucknow, business promoting institutions like CII and EDII have set up their service centers in the city.

The NHB (National Housing Board) Residex, that tracks housing prices across urban centers in India, places Lucknow right at the top among all North Indian cities for the last 2 years. This is true for both constructed as well as under-construction properties. This is also borne out by the fact that most of the large developers from Delhi have setup residential projects in the city. Lucknow has also been an early adopter of large housing projects developed by private builders. Another advantage that Lucknow has is that it keeps expanding in all 4 directions radially, opening up new spaces for housing, while keeping all these places also not too distant from the city center. However, with differential civic developments, some localities have seen a much better appreciation than others. Areas around Shaheed path (Gomti Nagar extension), Ashiana and Kanpur road have seen the maximum activity both from real estate developers as well as buyers. Some of the developments have also been theme-based, like the one by Paarth on Kanpur road which has an international standard cricket stadium. In fact, while talking of cricket, it is worth noting that the new international cricket stadium is witnessing a lot of cricketing activity with this being the base stadium for Afghanistan’s international cricket team. Paarth also has a well-designed project next to this cricket stadium.

While the economy has done good in Luckow, the civic amenities have also seen rapid progress in the town. Lucknow has always been known for its etiquette and literary and cultural activities. The state and city administration has also implemented a smart sewage system. The new smart traffic management system and a project to upgrade the city lighting to LED lights have brought in the modern outlook to the city. The Lucknow Modern Police Control Room (abbreviated as MCR) is India’s biggest Dial 100 service center and has been the necessary support for people to feel safe. Is it then a wonder that anyone you meet around either owns property or plans to own one here. The personnel who have been posted here in various government or private jobs have preferred to make this city their home. One can safely argue basis these factors that for years to come, Lucknow will continue to be one of the fastest appreciating housing markets in India.

One advantage, which one can use currently in the residential real estate market in Lucknow is the availability of affordable houses. The city generally prefers a 2 or a 3 BHK apartment. A good 2 BHK apartment in lucknow can be had art a good location for approx 40 lacs, while a luxury 3 BHK flats in lucknow is available at around 65 lacs. Now, any other city which offers the equivalent civic amenities and facilities to its dwellers with the kind of economic opportunities will not see a 3 BHK flat in a good location for less than a crore. We should not be surprised if this market also started moving very fast towards that kind of price. The reason why the prices have stagnated a bit has been sentimental in nature and the moment it turns to positive, the prices are expected to zoom. In fact, visiting some of the projects on the shaheed path makes one see the green shoots of turn around in the residential real estate market very clearly. All the projects have been reporting higher than normal customer inquiries and sales. Even the secondary market property brokers are very upbeat.

There are also a few external factors which favor a property buyer in Lucknow immensely. The housing loan interest rates are near bottom and governments are clearly bent to ensure proper safety of buyer investments. UP RERA has been one of the most active bodies and it is based in Lucknow. The strong investor groups and affinity of the most transactions to white money results in it being one of the most professional property markets in north India. The influx of new-age businesses is also ensuring young professionals taking fatter pay-cheques home. This supported by the fact that most households in Lucknow have both the partners earning money, resulting in a high disposable income market. The cost of living, on the other hand, is low compared to other cities of similar size and therefore leaves a good investible surplus with families. This buffeted by a strong investor community of traditional business owners makes Lucknow an ideal candidate to seek fast and long term returns growth. With other avenues of investment rather sluggish, it will be prudent to use this as a great opportunity for wealth creation and appreciation. Therefore, the property investment at this time in Lucknow is a decision that just can’t go wrong. If you are looking for a flat to make it your long term home, the available choices will shrink over time. On the other hand, if investment appreciation is your desire, a property in gomti nagar extension Lucknow is probably the best decision one can take at this time.

What Makes A Luxurious House?

December 11, 2019 1 Real Estate

“The sky is not the limit, the limit is your vision”

Owning a luxurious house it’s like dream come for most of people. Enjoying all the comforts of the world in your home. In India the word “Luxury” is often being used every other project in real estate developer in Lucknow is names as “Luxurious project”, even though they basic facilities. Following things defines that makes Luxurious House apart from common the normal house.

  1. Location--It is one of the key factors. Should be near the heart of the city or some tourist spot. The connectivity across the city should be excellent. The traffic should be minimal.

  2. Space-The space plays an important in the any part of luxury house. For a property to be luxurious it should have at least four rooms with attach bathrooms, and balconies. A large hall and dining room even the kitchen should be expansive with all the built-in amenities like chimney, microwave, oven, etc.

  3. Floor-to-ceiling-The floor to ceiling should be at least 12 feet. Even if house meets all the other specification but not this it will not be considered as ‘Luxury House’. The more the height the more the feeling of openness. The floor should be Italian marble or have wooden flooring.

  4. Home Techs-The House should be equipped with centralized air-conditioning. Smart home technologies are in high demand these days, technologies that monitor and manage systems inside and outside the house. Whether it is locking the doors or controlling the thermostat, variable-speed air conditioning, appliances, music, and lights, one can look after their home from anywhere in the world using smartphones.

    5. Luxurious property in lucknow
    Resedential property in lucknow

  5. Security-The need for security is increasing day by day in India. The demand for installation of security within the house is also rising. Besides human security in the form of round-the-clock security personnel, electronic surveillance units should be installed in each and every corner of the property.

The above-mentioned points are some of the features for a luxury house. Thus next time when you go searching for a luxury property in Lucknow, you should keep the above points in mind lest you might end up getting duped and lose your hard earned money.

Nowadays, demand for luxury flats in Lucknow is rising and developers are incorporating interesting technological innovations into their projects in order to attract a niche set of clients. Hence, the market for such luxury houses will only grow and get bigger in future.

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India

Infrastructure Development in India

December 11, 2019 0 Real Estate Residential Properties

One of the key driver of the Indian economy is infrastructure. Infrastructure is the one of the India’s most propelling and privileged sectors for economic development. This not only holds the major attention from the local government authorities but also have intense focus from Central government that have made several schemes for reforming the Indian infrastructure to a world-class developed infrastructure.

Infrastructure is not just limited to the Urban Development but also to the construction of dams, bridges, power, land parts etc.

Infrastructure Development in Lucknow
Infrastructure Development in Lucknow

According to the World Bank logistics performance index of 2016, India ranked 35th among the 163 countries performing a whooping jump of 19 steps in just 5 years.

Now talking about the market size of infrastructure India received 24.87 billion US dollars from April 2000 to June 2018 for construction development sector (housing, township, construction development projects and built up infrastructure) as foreign direct investment. This data was accumulated and estimated by the department of industrial policy and promotion. The Indian logistics sector is expected to reach at 215 billion US dollars by the year 2019 to 2020 as seeing the growth of 10% annually in the sector.

I like various other developed countries Indians also started getting attention from International investors for infrastructure space and expected to get an investment of worth Rupees 80 trillion by the end of 2025. However as per the government statutory bodies in the particular field of infrastructure estimates that India may require a network of around 50 Billion Rupees by the end of 2022 to maintain its sustainable development. Funky notable investments that are likely to be done are like listed below

The Asia infrastructure Development Bank announced in June 2018 that it would be investing in National investment and infrastructure fund where the investment may be up to 200 billion US dollars.

The investments made by private equity and venture capital investment made a mark up to 3.4 billion US dollars by the first half of 2018, in infrastructure in real estate.

There were 91 MN day deals made in 2017 witnessed by Indian infrastructure sector of earth around 5.4 billion US dollars.

Indian government is also taking various initiatives it is expected that it will invest highly in the infrastructure development especially in the role of public convenience like, construction of roads, construction of bridges, special routes, artificial beauty bodies etc.

There were also various other initiatives and policies made that were notable in the union budget of 2018 to 2019 presented by the government of India in the parliament. Some of those announcements made as listed below.

  1. Allocating a huge sum of 5.97 lakh crore to the infrastructure sector giving it a massive push.
  2. The Smart City system may also receive a whooping sum of 2.05 lakh crore for its development.
  3. Lavish cut of 1.48 trillion rupees was made by the Railways which also made it one of the highest invested infrastructural sector

The government is also making plans to get in bed with various Japanese infrastructural companies in order to improve the infrastructure criteria and get an outsourced knowledge from one of the owners and infrastructure development. This upset goes to various other and projected development such as creating and Highway of 50,000 km and also the aspect for the bullet train

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India

Tips for a Home loan

December 11, 2019 0 Real Estate Residential Properties

Howdy you, well if you are visiting this blog then, you are one of the many people who have thought of owning a home. A home isn’t just a structure, to some it’s their dream, to some an investment or an asset. Whatever it may be, the one thing remain the same in all of them, i.e. money. And most of us here won’t be the riches, having tens of millions laying around. So, how do we get that millions. Here banks come to rescue with their loans. Here are the golden rules that you should consider before taking one.

  1. Start Saving for Down-Payment-Yes, need to a part of the amount initially known as down payment, the more you pay initially lesser the interest shall be on the principal amount. So just take it up as a general rule that you pay at least 50% of the total amount as and down payment. So just plan early and start filling up piggy banks.

    2. Tips for Home loan,real estate,re
    Home Loan Tips for first time home buyers

  2. Check Your Credit Score-The most important requirement is the credit score. Credit score can just be oversimplified as the intention to pay back. If u have a score 750 and above, u get the most overwhelming interest rates. But with the lower ones u need to explore options. Credit score is easy to build up. Some timely payments to any company who gives you a credit will lead to building a good CIBIL score. It may be any thing, like you phone bills, credit utilities, credit card bills etc.

  3. Get Your Financial Documents Ordered Up-Getting all the financial documents in a set is most crucial aspect in obtaining a loan. More than 30% of the loans are rejected just due to inadequate or inappropriate documents. Just go through all the terms and conditions properly and get your pages in order which define your wealth.

  4. Always- compareAll banks provide different offers and run various schemes on various occasions. It’s best to compare between different interest rates. And just a cool tip, ask for loans during the feasts occasions such as Holi or Diwali. On these occasions banks usually take out their best offers, so make the best use of them.

  5. Keep Loan Terms as Short as Possible-Just a clear suggestion, that banks tempt us into their low EMI on long term loans. It may seem a small EMI but for a long term, you will end up paying just as the same of the principal amount in interests. Bank levies compound interest, which will prove hefty in long run loans.

    6. Clarify Between Fixed and Floating Interest Rates-.Most banks offers two types of interest rates one is fixed interest rate, in which are interest rate will be set by the bank with the agreement and all the amounts and EMI shall be calculated on the same. Hi Varun floating interest rates the EMI is depend upon the market Trend and the interest rate varies which may be higher or lower then the previous. In most of the cases is better to offer floating interest rate at the proof to be cheaper ones.

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India

Gardening Tips

December 11, 2019 0 Real Estate Residential Properties

Everyone loves a beautiful home and one of the most crucial aspects of building a beautiful home is a beautiful garden. Wouldn’t you like an awesome view towards a lush green lawn with blossoming and blooming flowers seeing the first thing in the morning when you wake up? It doesn’t really require to invest much of our efforts into gardening. Another major advantage is that you can grow your own vegetables that clean and hygienic ones.

  • Gardening Tips
    Gardening Tips

Here are some tips you could use to make your indoor as well as outdoor garden a beautiful one.

  1. One of the most common gardening practices in the modern era and around the small houses are the plastic pot gardening. This is one of the most efficient as well as eco-friendly methods to do gardening for small homes even for balcony gardening. Well being eco friendly here depends upon your creativity so just dig into to your old plastic and recycle it into a new pot for your plant. Well, if you are being sassy to give your balcony a beautiful look score to the market and buy some beautiful pots.

  2. Even when you have a good Garden you need to protect that and when you have new seeds that’s your top priority. Latest introduced to the plastic fork protection. Just after party we have a lot of cutlery lying around. So instead of throwing it off on the dustbin why not use it in the garden to protect. Well just when you sow the seeds put around a barrier made up of plastic forks that will not only protect from the critters but also some nasty leeches.

  3. Gardening is a good hobby but remember social responsibilities are always there. So conserve water folks. Yes, gardening uses lot of water and we do not have much of fresh water left on earth, so why not to reuse the water. We can reuse water in many ways the eggs used to boil the water cool it down and hook up your plants with some calcium rich water. You can even provide them with multivitamins by hooking them up with the water in the vegetables you wash.

  4. We all love beauty in Gardens and gardening beauty is all about the symmetry. Where’s when the seat spacing come into play. So when you are planting just remember place all the plants seeds or the saplings just equally spaced or as per the requirement the plant you are growing. What do remember to always give them a proper Leaf Cut!!

  5. Gardening is not just only about growing lush grass and green lawns, sometimes economy and health also matters. So if you want to grow your own veggies but worried about the weed that grows off with it man made thing known as cardboard comes to rescue. So dig up the soil make it flat put on a cardboard sheet and cover it with the thick layer of mulch. This will also makeup a planting bed in your own lawn

So people just by incorporating all of the above points as I have mentioned India daily gardening you would able to get much better results for your yields.

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India

Benefits and Tips to Keep your House Clean

December 11, 2019 0 Real Estate Residential Properties

Thinking of keeping your room and house clean might makes you feel irritated, lazy and nauseous. But there are unexpected benefits to keeping your home clean you can’t even think and you won’t realize it until you experience it.

Benefits of clean room and house:

Real estate developers in lucknow
Reduce Allergies. Regular cleaning is the best way to reduce dust

  1. Stress reduction: Keeping your room, house, and apartment clean will help to reduce down your physical and mental stress. Psychology says that cleaning not only helps to declutter your room but your mind too.p>

  2. Escalate productivity: When you see good, beautiful and organized things, the cells in your mind get activated that leads you to feel more energetic this will increase your productivity levels.

  3. Boost self-esteem: Accomplishing any work or target helps you to build your self-esteem. So you feel accomplished when by making your bed and keeping room and house tidy.

  4. Good-night sleep: When you keep your surrounding clean the atmosphere around you is filled with positivity which reduces your stress and that will make you sleep well.

Tips to keep your room and house clean:

  1. Making your Bed: As soon as you get up to start your day by making your bed which will make your room look put together also this will less than a minute.

  2. Take Out Put In: If you take something out for use, you should keep that back in its proper place. Sounds simple! But it is very difficult to be consistent. Make this a habit and inculcate this in all your family members.

  3. Clean & Wipe: It does take some effort but it is very easy once it comes in your habit. Start with cleaning sink and wiping bathroom floor to keep it dry. Cleaning the kitchen encounter after preparing your meal also do wipe the table after having your meals. Fix a day or two in a week to clean your toilets, bathroom’s walls, showers.

  4. Doing Dishes: This will help your kitchen not to turn into a monster. After every meal do your dishes even if it is a cup of tea or coffee.

  5. Laundry: Don’t wait for stinky and dirty clothes clogged up to large numbers. Spread it out evenly every day. It is very before going for a bath just put your dirty clothes into the washing machine and it will get clean in the time you take your bath.

  6. Do Little Every Day: Don’t try to get it ‘all’ done in a day or every day. Just do something each and every day and you’ll get over the feeling of need to clean your house all at once. With a simple cleaning routine, you’ll find that maintaining the basics every day is really the secret to a clean and tidy home.

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India

Tips & Tricks for Gardening “A little dirt don’t hurt!” -Joel Salatin

December 11, 2019 0 Real Estate
gardening tips
Vegetable Gardening Tips and Tricks

Gardening is one of the healthiest, peaceful, and relaxing hobby to take up. It will reconnect to your mother earth and nature. Health wise with the proper tools set gardening provides endurance, flexibility, and strength all by itself. Gardening burns enough calories, which also keeps you fit. It will let you accomplish these beautiful things. It is going to be a very experience even if you haven’t done any gardening before. Just give yourself basic introduction and some basic ground knowledge.

  1. Region:Knowing the region is one of the important things and it sounds obvious but not everything grows everywhere. So going to local gardeners or local nurseries might give you the information you need.

  2. Soil:The pH levels and nutrients of your soil should be known to you. Knowing these will help you to know what kind of plants and vegetables you are able to grow on that soil as different plants and vegetables have different need of pH levels and nutrients.

  3. Watering:Anything in excess is bad. Most of the beginners think that more water to the plant the better they will grow but that is not the case it will cause them. The mechanism is comparable to human bodies, think what will happen when you drink loads of water? Just try it once. Give consistent and ample amount of water. Just make sure that water penetrates the soil so that it can reach the roots of the plant.

    4. tips and tricks of gardening

  4. Fertilization:More is not always better, often it is bad. The need of nutrients for each and every plant is different. In your family, too different members has different diet, so it is same in plants too.

  5. Best Time:Giving water to the plant at right time is one of the crucial factor in their development. Early morning time in the morning is the best time of the day so before its gets too warm plants will have an ample water to imbibe and the excess water will evaporate. But if you water in evening your plants will be more prone to fungus and other type infection. Newer plants need more water than the older one as their roots are going to be in development stage.

  6. Excess plantation:How are you going to feel when you are with 14-15 other people in a room having a capacity 7-8 people? Suffocated Right? Same is with the plants, they also need room to breathe and a proper air-circulation. This will lead to stress in plants and makes them prone to diseases. They also need proper light for their development.

  7. NOT killing ALL Bugs:Most of the beginners in gardening think “The only good bug is a dead bug”, well that’s not true amigos! A healthy garden will always have population of insects, it’s their home. You should have proper balance. Insects provide pollination services to the leaves, flowers and plants. It is a fact that less than five percent of sects are TRUE sects. So bombarding pesticides in your garden will harm more than good.

  8. Preventing Weeds:All the garden need maintenance, all the weeds should be come out of the garden floor bed before they reach the roots of the plants.

Happy Gardening!!!Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India

How can a middle-Income Person buy a HOUSE – “Kyunki Apna Ghar toh Apna hota hai”

December 11, 2019 0 Real Estate residential
Apartment in gomti nagar extension lucknow

Have you ever thought that if money was never an object you could have bought your dream house? That might be a cozy villa having a private garden as well as swimming pool or a private condo having sea view like it is shown in James Bond movies. Thinking? You might go out of your budget.

Everyone has an idea of their dream homes but as money as an object comes into the picture your aspirations are toned down. Most of the home-buyers when decide to convert their dream home into reality by stretching their finances they might end up denting their finances. But not anymore, affordable housing scheme helped many people to fulfill their dreams to buy their own house. The slowdown in real estate sector also lightens the burden of the buyer. A few years back rates of the property were hitting the roof but today home-buyer can a find a place to dwell for spending their life with their family.

The vision of Modi government that every citizen of India has their own house by the end of the year 2022. To back this vision the government is pursuing and encouraging the builders to come up with projects that fall under affordable housing schemes. Under this scheme, the target is to make house between 10lakh to 30lakh so that lower and middle class group can afford it. Even the home loans are available at a very economical rate. This will lead to increase the quality of living standard of people.

Projects under the affordable housing schemes are launched in states Punjab, Uttar Pradesh, Rajasthan etc. and the state government is providing all the possible assistance to the builders. As per Times of India, their government has made two classifications for Middle Income Group (MIG).

  1. MIG-I having an income of 6-12 lakh will get loan up to 9 lakh with interest subsidy of 4% for a tenure of 20 years. Therefore at the end of tenure, the borrower will end up paying an interest subsidy of 2.35 lakh for 9 lakh.
  2. MIG-II having an income of 12-18 lakh will get loan up to 12 lakh with interest subsidy of 3% for a tenure of 20 years. Therefore at the end of tenure, the borrower will end up paying an interest subsidy of 2.30 lakh for 12 lakh.

The Housing and Urban Development Corporation (HUDCO) and National Housing Bank (NHB) have been acknowledged as central nodal agencies to channelize this subsidy to the lending institutions, including banks and financial institutions. Therefore, small banks, non-banking finance companies and micro-finance institutions will be recognized as primary lending institutions under the scheme.

Additional loans are also available at a non-subsidies rate. Under the scheme, widows, single working women, persons belonging to SC/ST, OBC, differently abled and trans-genders will be given preference.

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India