Sona Vistaas wishes you all a merry Christmas.

Home is the best place to celebrate any festivity and Christmas is no exception. Offering serene homes with great social infrastructure, Sona Vistaas wishes you all a merry Christmas.

Sona Vistaas wishes you all a merry Christmas.

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Strike a balance between highly accessible yet tranquil place with 1/2/3 BHK premium apartments in Bangalore by Sona Vistaas.

 

 Strike a balance between highly accessible yet tranquil place with 1/2/3 BHK premium apartments in Bangalore by Sona Vistaas.

Call / WhatsApp: +91-9590665287

Email : info@sonavistaas.com

Website : www.sonavistaas.com

Sona Vistaas wishes you all a very happy Diwali.

Creating #homes that make beautiful abodes of elite comfort and seamless community experience, Sona Vistaas wishes you all a very happy Diwali.

Sona Vistaas offers 1/2/3 BHK premium apartments with abundant amenities and curated landscapes

Helping you to rediscover better community experience, Sona Vistaas offers 1/2/3 BHK premium apartments with abundant amenities and curated landscapes.

Call / WhatsApp: +91-9590665287

Email : info@sonavistaas.com

Website : www.sonavistaas.com

 

Why Investments in Real Estate Housing Sector has Increased Post COVID-19?

 The pandemic outbreak has resulted in the slowdown of the economy. The volatility of the stock market is on the rise and people are considering more secure investment options. The present crisis has emphasized on the importance of having own security and shelter when the times are tough. This has opened up the new era of real estate, which was previously underutilized. For most people, their priorities have changed and they are now realizing the significance of owning a house. This scenario is expected to shoot up the demand for housing sector in real estate post COVID-19.

Although real estate does not yield immediate results, it is a stable investment when compared to other market-driven investments, especially in the present situation. As the preferences of the people are now guided by the existing uncertainties, it has led to the rise in demand for residential real estate.

Following are some of the major factors that are contributing towards the rise in real estate investments during this time of uncertainties:

1. Technology Adoption

With the advent of technology in the form of online portals, there is a huge shift in the way real estate is being perceived. People who once favored searching the properties offline are now turning to these online property portals to save time and resources. Technology adoption to create virtual tours of the property has also gained momentum and now home investors are taking the virtual tour of the property. Virtual tours have helped many investors finalize or shortlist their homes.

2. Favorable Government Policies

Currently, in the post pandemic situation, the sentiment of home buyers is driven by lower rates for home loans, as offered by the Central Bank. Furthermore, the reverse repo rates have decreased from 4% to 3.75%. This can result in banks infusing their parked liquidity into market, which ultimately eases liquidity. This also enables Non-Banking Financial Companies (NBFCs) who have offered loans to real estate firms to avail similar benefits as the scheduled commercial banks. This is a huge encouragement in a challenging time like this. Loans for the commercial real estate sector is also expected to observe payment deferment for up to 1 year, providing developers with the time required to build and deliver their projects to meet the spurring market demand.

3. Falling Currency Attracts NRI Investments

The fall in the rate of the Rupees has further attracted NRI investments in the residential sector. This has led to an increase in the number of NRIs investing in mid-segment and affordable housing category. However, the time of investment, which is now, is the highly rewarding and most tangible asset in this post pandemic environment.

Pre-pandemic, the investment focus was commercial properties because of an exponential rise in the co-working spaces. However, at present, the consumer behavior has changed and they have now realized the importance of residential properties in the affordable and mid-segment. This has led to the rapid growth of the residential sector and the backing provided by the Central Government in the form of flagship initiatives have further increased the demand in the housing sector.

Premium 1/2/3 BHK apartments in Bannerghatta Road, Bangalore

 

Struggling to find serene #apartments without missing a beat of what the city life offers? Your struggle ends here at Sona Vistaas, with our #premium 1/2/3 #BHK apartments. Reach us now.

Call / WhatsApp: +91-9590665287

Email : info@sonavistaas.com

Website : www.sonavistaas.com

Sona Vistaas offers premium 1/2/3 BHK apartments

 

Sona Vistaas offers premium 1/2/3 BHK apartments that instill a sense of safety and security through perfect community living.

Call / WhatsApp: +91-9590665287

Email : info@sonavistaas.com

Website : www.sonavistaas.com

1/2/3 BHK premium apartments by Sona Vistaas

 1/2/3 BHK premium apartments by Sona Vistaas can be the premium living space with great connectivity that you have been looking for.

Enquire now. Call / WhatsApp: +91-9590665287

Email : info@sonavistaas.com

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Sona Vistaas wishes you all a very happy Onam.

 Creating chic urbane homes that complement your elite lifestyle, Sona Vistaas wishes you all a very happy Onam.

Why Real Estate is the Best Investment Even During COVID-19 Induced Socio-Economic Instabilities?

Nobody ever thought that the virus infection outbreak of COVID-19 would disrupt the global economy like the way it has now. Although the lockdown is over and businesses are resuming their services, people still prefer working from their homes due to the prevailing threat. Complete freedom from this virus might not be achievable anytime soon and we should now get accustomed to the new normal. However, the good news is real estate is still one of the best investment options.

Whether you want to make an investment or buy an apartment for yourself, the time is just right. The socio-economic drift has made numerous banks and financial institutions revise regulations and come with investment friendly financial plans.

Here are top few factors that imply time is right to invest in real estate.

Attractive Offers by Developers

Deficit demand for real estate has led to new attractive offers by developers. Builders are now offering lucrative payment plans, lesser interest rates and lower cost of property. Some builders are also offering flats and apartments at their launch price. This makes it easy for you to invest and secure your new home.

Reduced Repo Rate

RBI has declared the repo rates to be reduced by a whopping 0.75%, making the new base rate just 4.4%. This gives you yet another reason to buy yourself a home.

Passive Income to Build a New Asset Class

Numerous small investment options have sprouted out now, which start at very low rates and also offer rental income. This serves as an opportunity for you to build a new asset line in your portfolio, which gives you a secure source of reliable passive income.

Drift in Demand & Supply Chain

Due to reduced demand, the rates are discounted on good construction inventories. This makes it the best time to invest. What the contractors or builders save will be passed on to you in the form of discounted rates on apartments and flats. However, this will remain only until the economic condition settles down. As soon as the bargain reduces, the demand increases.

Invest Now for Extensive ROI

As the market is volatile, the real estate rates are not only falling down but some builders are also offering higher returns on investments, up to 18%. By investing now, you can make the most of this situation, without having to regret later.

Apart from this, focusing on brand integrity is also important. You can take this time to analyze and choose the best dealer to secure your dream asset. Next important factor that most of us overlook is the inflation hedging capacity of the real estate sector. With a positive relationship between real estate demand and GDP growth, investing in real estate helps you to drive higher rents that correspond to increased capital values.

Although real estate falls under a unique asset class, it can be easily understood and is capable of increasing the return profile of the investor’s portfolio. Offering attractive income options, minimal principal-agent conflicts and risk-adjusted returns, real estate is a great investment option now and for the years to come. 

What Makes Bangalore Real Estate a Great Investment Option for NRIs?

Key policy reforms are increasingly being implemented in the Indian realty sector to reduce instabilities and established overall accountability in this sector. This step has resulted in the recent growth of Nonresidential Indians’ (NRIs’) perpetual interest to invest in Indian real estate.

What Lures NRI Realty Investors to Invest in Indian Realty Sector?

While Indian real estate has been one of the top investment choices for NRIs, here are some of the top factors that are luring NRI investments in real estate like never before:

• Stable real estate market
• Higher value for your investment
• Increased transparency
• Hassle-free rental incomes
• Higher returns on investments
• Premium lifestyle amenities
• Easy access to social infrastructure
• Premium homes by reputed builders

Majority of the migrants in affluent countries are Indians, making India one of the top nations receiving highest remittances in the world. This shows that even though most Indians move to prosperous countries, they are continuously making real estate investments in their home land. Today, increasing NRI investments in commercial and plotted projects are a testament of the attachment they have towards their motherland. Moreover, attractive exchange rates are further favoring NRI funding in India.

Bangalore – The Fastest Emerging Real Estate Hub of India

Quickly overtaking top cities like Mumbai and Delhi, Bangalore is now becoming the new hub for real estate investment in India. Being diverse, Bangalore attracts varied resident profiles and has emerged as one of the fastest booming metropolises. Holding 40% share of the Indian IT sector, Bangalore is the nucleus of the nation’s IT industry.
However, here are some of the major factors that make Bangalore one of the most sought after real estate investment choice for NRIs.

1. Favorable Government Policies

Over the past few years, the changing government policies are favoring NRI investments in Bangalore real estate. One such example is non-repatriable investments made by NRIs are now being considered as domestic investments.

2. Simplified Home Loan Facilities

Today, NRIs can easily get home loans to invest in properties. Furthermore, RBI has waved off some regulations and has provided general permission to NRIs for investing in residential properties. So, NRIs can acquire some immovable properties without waiting for specific permission from the RBI.

3. No Constraint on Quantity

While the good news is NRIs can make investments in residential and commercial properties without acquiring specific permission from the RBI, there is definitely more to it. Refined regulations do not restrict the number of commercial or residential assets an NRI can purchase.

4. Real Estate Regulatory Act (RERA) Approved Projects

Project delivery and builder reputation have always been a concern for NRI investors. However, the RERA approved projects have doubled the interest of NRI investors in Bangalore real estate. RERA approval safeguards investors from real estate frauds and scams.

Conclusion

NRIs settled abroad mostly long for a home back in their motherland. Whether to just keep their cultural roots alive or as an investment, lucrative Indian market has significantly attracted NRI investors. With premium apartments and RERA approved projects, South Bangalore has been a great investment hub. Considering the current market conditions coupled with the introduction of RERA approval, Bangalore real estate has become well-organized, transparent and more competent.

Top 5 Amenities You Should Check Before Investing in an Apartment

           Are you planning to buy an apartment in Bangalore and are not sure what things to look for while buying? Well, if you are considering buying a flat in a gated community, you would automatically get access to the amenities that the project offers. An apartment in a gated community will have the best of the latest and modern amenities. However, it also depends on which builder you pick and what amenities the builder offers. 
            Apart from checking the Vaastu compliance and the location of your apartment, following are 5 amenities that you should look for:

1. Cross-ventilation

Present day construction style and infrastructure is not the same as it was before. Earlier, 3- to 4-storey buildings were being built. However, these days skyscrapers are becoming popular. Imagine living on the 10th or 20th floor with no adequate ventilation and cross-ventilation. So, it is important to ensure the windows are well-built, allowing a lot of sunlight to come inside. This will help you in reducing your electricity consumption, enabling huge savings.

You also need to check that the smoke from your kitchen and the steam in your washrooms are properly going out. Proper ventilation is essential to keep you safe and healthy.

2. Well-constructed & Accessible Roads

Imagine going out for office in rush hours and the road is too bumpy and jam packed. You not only start your day in a negative spirit, you also end up developing various health conditions. Moreover, your entire day’s productivity depends on how you start your day.

If improperly constructed road with mud and dust all around is what your daybreak begins with, then you can very well imagine how your temperament would remain the entire day.

3. Water Supply

Bangalore has been encountering huge issues regarding water supply. You should do your due diligence before zeroing in on any residential property. Find out what is the situation of water supply in that area. If there is water scarcity, you may end up paying a lot of money for water tanks.

So, the best way to avoid such hassles would be to check the water source and water management in that apartment. Once you are satisfied with your find, move ahead.

4. Security System

Most gated communities have a well-defined security system in place. There would be CCTV cameras installed, with a track of every entrant into the community. However, if you are living in a community, where security systems like these are not prioritized, then you should make sure your apartment has enough security measures in place.

In case you have a small child or a pet, please make sure you get child lock installed on your main door. Plus, make sure you have adequate information given outside your door about the presence of the canine or feline.

5. Parking Space

There are many realtors who create exquisite buildings with state-of-the-art facilities and amenities. However, they don’t really create good parking space, which might result in cramped parking lots. Such parking can lots often damage your vehicles when you take out your vehicle. To avoid such situations, you can check whether the parking area meets your standards.

After all, your car is your investment and a priced possession. You would definitely not want to spoil it by cramping it in restricted space.

While the list is endless about the amenities that you need to check when you plan to buy an apartment, these 5 are the top check points you should verify. With a variety of premium apartments available, it can be confusing to book the apartment that is just right for you. However, it’s your duty to carefully evaluate all the amenities before you make up your mind.