Emerging Trends in Living Room Décor

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Living room is one area of the house where each and every family member spent if not much but at least a small portion of his/her day. It’s a room where we come together to hold celebrations and plan upcoming family events. In a way the living room captures the entire essence of the home. Also, being the most visited spot of the house its decoration and styling becomes necessary.

So, here we are with five emerging decor trends for Living Room. Now, these trends are already well received in the international market and are slowly seen making their way into the Indian Market.

1.   Sliding Barn Doors

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Sliding doors with rugged barn feel to them are the new-style statements and for the past few years that have captured the interest of many designers and customers. These doors save tons of floor space; all you need is enough wall space to accommodate one. Suiting your taste and overall room look & feel you can opt for wood, modern, glass, and vintage barn doors.

2.   Sectionals

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Sectionals are great, especially if you have a large family or are frequently visited by guests. But that doesn’t make them unfit for nuclear families or bachelor homes, as their dimensions are apt for relaxing and chilling with your family. Before opting for one, you should be able to fulfill its checklist that requires an appropriate corner and extra cash to spare (as they are expensive over regular sofas).

3.  Shiplap

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For the ones who love that old vintage charm and want to give their home a sense of history, shiplap wood paneling is the best option. The best part is in addition to looking great is it’s inexpensive too.

4.  Layering Rugs

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This trend would be liked by many Indian homemakers, who have been long holding to ill-fitting rugs. All you need is a sisal or jute base rug and layered it with a patterned or colorful rug. There are no restrictions or boundaries to this trend, so bring out the stylist in you and layer the floor.  Also, it will bring more definition to rooms that are big and lack a sense of identity.

 Must Read: 5 Common Rug Mistakes

5.  Gallery Wall

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Out of all the trends, this one is going strong for a very long time and seems to hold on to its prime charm. The best thing about a gallery wall is that it allows you to use your art pieces, photo frames all at once and it grows with time as you add on more pieces.

Important Guidelines for NRI Property Investment

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All matters related to property investment are tricky and require utmost attention. The reason for calling them tricky is subjected to the fact that most of us are ill-informed about in-depth laws about such investments. We have already answered some frequently asked questions on the matter, and now it is time to give some relevant guidelines on the subject –

1.     Documents Required

For making any property investment, NRI’s need PAN card. In the case of PIO and OCI, respective PIO and OCI card is also required. Apart from this, certain other document required are – address proof, work permit, POA (if any), etc.

2.     RBI Approval

RBI has granted permission to NRI/PIO/OCI to purchase property in India. However, there is a restriction on the purchase of commercial properties including plantation/agriculture/farm house. Special permission from RBI is required in case of acquisition of such properties.

3.     Restricted Citizenship

There are certain PIO that are not allowed to purchase property in India pertaining to their nationality. Such PIO requires special permission from RBI to go forth with such investments. The list includes following countries – Bhutan, Nepal, China, Pakistan, Iran, Sri Lanka, Bangladesh, and Afghanistan.

4.     Number of Properties

According to RBI mandate, there is no restriction on the number of properties purchased by NRI.

5.     Lease Properties

NRI/PIO/OCI can take residential or commercial properties on lease in India of a period of 5 years with any restriction.

6.     Change in Status

There will be no change in the status of the property if in future one’s status changes from Indian resident to NRI. According to law, rules and regulations are applied according to the status of the owner at the time of purchase.

7.     Income Tax

There is no difference in the income tax rules applied to NRI’s or Indian residents in case of capital gain and income from house property. For all the revenue earned by NRI/PIO/OCI from India, it is mandatory to file Income Tax Return.

8.     Double Taxation Avoidance Agreement

India has signed DTAA treaty with various countries, under with capital gains in India against the sale of property is to be taxed in India. NRI/OCI/OCI can avail tax credit in their home country against such taxes paid in India. It is therefore required for NRI’s to check DTAA treaty rules between their countries of origin and India.

How to make an Apartment fire proof?

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Keeping our family and loved ones safe and protected in number priority of any family man. Natural disasters and accidents happen untimely and struck our lives without any warning. Though, there is not much that can be done to get protection against them but by adopting few simple steps we can guard ourselves against them.

Fire is one such disaster that very year takes away billions of lives and damages property worth hundreds of crores. As a precaution, it is best to fireproof our apartments, and you would be delighted to know that it can be done easily by following steps mentioned below.

Well, these days’ developers are taking up measures to ensure full safety and protection of inmates. Projects build by Trimurty builders are cent percent equipped with all the need gears required at the time of a fire emergency.

1.  Fire Extinguisher, keep it handy

It is crucial to have a fire extinguisher at your home, as it provides best defense. Though it best to have one in each room, but an area where you cannot miss to have one is the kitchen. Note, fire extinguishers do not last forever, so keep track of its expiry date and refill or replace when needed.

Must Read: Learn how to make a fire extinguisher at home

2.  Install Fire/Smoke Alarms

All upcoming apartments are installed with smoke alarms, but if you live in an old one then get one installed today. They are very efficient and provide early warning about the fire. The job doesn’t end with installation, check the alarm in every 4 to 5 months and replace the weak batteries.

3.  Go for Fire Proof Furniture & Carpets

When going furniture shopping, ask for fireproof chemical coated pieces. Also, you can get your furniture covered outside, though it will add up a little expense, the safety it provides is totally worth. Also, these days you get fireproofing sprays that are easy to apply, and as an added advantage over safety, they make your furniture stain resistant.

Avoid, synthetic and wool carpets as they burn easily and because of their large dimension, the fire spreads faster. Rather go for fireproof carpets.

4.  Don’t Overload Electric Wiring

One of the major cause of fire in homes is overloading of electric wiring.  When installing a new device have an electrician check that there are no chances of overloading and installation is perfect. Check wires regularly to see that they are not warned out or damaged.

5.  Common Sense will Save You

Common sense is all that it takes to fireproof your home/apartment. Small things like remembering to turn off electric appliances, gas knob, remembering to keep items like match stick and lighter away from kids. Prepare a checklist of the things you need to do whenever you are leaving home for vacations.

Learning Lessons from 2016 – For Guaranteed Returns from Real Estate

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The year 2016 was a bit tricky for real estate investors. A lot happened in the said year that heavily impacted and will continue to influence the trading in the sector in the months to come.

Demonetization might have slowed down the market for now, but we hope that 2017 will bring better days for all. To get steady returns on your investment make sure that you make the right move.

1.  Is buying a 1BHK a good investment option?

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Buying a 1BHK is a sound investment option, it fetches you consistent returns on small investments, and there are also chances of enhancement in its capital value. A 1BHK property is easy to rent, therefore making it an assured return fetching option.

Trimurty’s Kohinoor Garden located at New Sanganer Road offers 1BHK airy and well-ventilated apartments. The locality is the hub of residential and business projects, thus making it a sound investment option.

2.  The Fifty Lakh Bracket

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The best residential investment option for good rental returns are the ones lying in the 50 lakh bracket. Commercial real estate is also a good choice, especially those with good connectivity and ready infrastructure. A good option in Jaipur is Niwaru Road situated Trimurty’s Prime Tower.

3.  2-Year Before You Start Expecting From Your Property

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Property buying is long term investment; one should wait for at least two years before he/she starts expecting any gain from his possession. An exit after four years of time farm is usually looked upon as a greater return yielding option.

4.  Time to make profit out of Reality Investment

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Usually, high gain is possible in the case where the land was purchased way into the past at exquisite rate. As for the current scenario, prospective home buyers are availing fantastic deals, while the developers are chasing one another for better market share.

5.  Measure Your Decisions, Be Safe and Secure

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Before investing in any project, residential or commercial, always do a prior through research. Always go for organized developers, as the risk with them is bare minimum, and you have full surety. Also, give higher priority to bank approved projects as they are easier handle at the time of getting various approvals.

6.  Pre-launch projects vs. newly launched projects

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People associate pre-launch projects with risk, but if the is backed by a good and reputed developer and has chances to gain all the approvals, it is a good and profiting investment option. Trimurty’s Arabella is an upcoming luxurious residential project, despite company’s brand value, as an additional, it has an exciting pre-launch offer running.

7.  Investing in Land

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Investing is township projects located outside cities periphery is a good investment option. But be sure that the project is backed up with all essential facilities. If it shows a satisfactory progress report, one can expect the land value to appreciate in future.

8.  Connectivity is important for safe return

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Sustainable location and good connectivity are key factors that will fetch you good returns. Before investing in a property see it to that, it is well connected to the city and other amenities are also nearby.

9.  Apartment vs. Plot

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Both the areas of investment has it sets of pros and cons. And it all depends on one’s prime requirement. Where apartments will generate greater rental yield, plots value will appreciate more over the period over that of an apartment.

10.  Panchayat approved land, a yes or a no?

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Panchayat approved land are always at high risk of not having access to basic civil amenities like street light and road. Also, it’s hard to avail loan if the project is no approved by the municipal government.