How to make an Apartment fire proof?

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

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.

NRI Property Investment – Answer to All the Queries

NRI Property Investment is one of the most misunderstood topics. The reason for which can be attributed to it being perceived as a complex segment of real estate investment. The financial pre-requites of home buyers is the case of NRI’s is different, and all the queries related to it are answered in this post.

Here will be taking into consideration not only NRI but also OCI (Overseas Citizenship of India) and PIO (People of Indian Origin) property investment queries.

So, let’s get started –

Q1.  Is it mandatory for NRI’s to obtain prior permission from RBI (Reserve Bank of India) before acquiring any property (residential or commercial) in India?

Ans. Well, the answer here is NO, there is no need to obtain prior permission from RBI.

Q2. In it mandatory for PIO to get prior approval from RBI (Reserve Bank of India) before acquiring any immovable property for residential use?

Ans. There is NO need to get prior approval, as long as the property is acquired for residential purposes.

Q3.  Can PIO acquire commercial property in India?

Ans. Yes, PIO can purchase commercial properties other than plantation/agricultural/farmhouse property.

Q4.  Can the property acquired by NRIs/PIO be sold?

Ans. Yes, RBI has granted permission to sell such acquired properties. However, it should be remembered that if the property is sold to a foreign citizen of Indian origin, then funds paid should be paid out of NRE/FCNR accounts or remitted back to India.

Q5.  Are foreign citizen of Indian Origin allowed to acquire residential property by way of gift?

Ans. Yes, they can acquire such assets by way of gift, but the number of such gifts is restricted to two, from an Indian citizens or PIO, subject to compliance with Indian tax laws.

Q6.  Are foreign citizen of Indian Origin allowed to sell a residential property, by the way, gift?

Ans. Yes, they can sell such properties, by the way, gift, but the number of such gifts is restricted to two, subject to compliance with Indian tax laws.

Q7.  Are NRI’s permitted to acquire housing loans from financial institutions or dealers?

Ans. The government of India has granted permission to certain authorised dealers and financial instruction to give credit to NRIs for the acquisition of home/flat. Repayment of such loans shall not exceed a time frame of 15 years.

Q8.  Can NRI’s and PIO rent residential/ commercial properties?

Ans. Yes, Reserve Bank of India has granted permission to NRI & PIO to rent their property. The income so generated should be deposited in NER/NRO accounts.

Remember, the topic of NRI investment is significant and lengthy. Our future blogs will give enlighten you the topic further. Also, don’t forget to go through relevant guidelines for NRI property inverters.

Quit these 5 Lazy Habits for a Cleaner Home

Who doesn’t like a clean, clutter-free room; not only does it look good but also invites positive energy into the home. But many times we get lazy and leave the day’s mess later to clear, and before we know it a week’s worth of stuff is looking at us asking for an immediate clean up. Also, it becomes tough to locate stuff when needed, if we don’t have the habit to place the things back in their right place after use. Such small practices, if corrected can make our lives much simpler and leave our house looking beautiful and tidy around the clock.

Below are mentioned seven bad housekeeping habits you should quit right away –

1.   Tossing everything inside the nearest drawer

Not matter how tidy we are, every once in a while, everyone of us toss miscellaneous stuff into the nearest drawer, in order make the place look neat. But this isn’t a good habit; instead, you can have a ‘junk drawer’ at home where you can keep the stuff for which you haven’t assigned a place or are not in the mood to go all the way around to keep it. But don’t clutter it; keep it organised, so that it’s easy to locate stuff as and when needed. One can make small pouches with name tags; also remember not to over-stuff.

2.   Not checking your letter at the time of arrive

On an average, every week at least five to eight letters are delivered in our mailbox. Most of the time they are kept on the most used table/desk of the house, with no one paying heed to them for days. If the situation remains unchecked, soon you’ll have a large pile of unchecked and difficult to manage letters. It can also lead to loss of important documents. Make it habit to open the mail as they arrive, keep the important one’s and throw the rest.

3.   Cooking & cleaning side by side

One bad habit that requires immediate correction is not cleaning the kitchen as you cook. Fresh spills and splashes are easy to clean than the ones that have dried out. Also, you might be too exhausted to clean after all the work.

4.   Hoarding old newspapers and magazines

Don’t pile old newspapers or magazines. If you find anything important, keep cut-outs rather than keeping the whole thing.

5.   Don’t delay your laundry & stop throwing clothes on the chair

Try to quit habits like putting off laundry until you are left with nothing to wear. Make it a habit of throwing your clothes for wash on a regular basis. Also, don’t make your chair a one-stop location to put your used clothes.  Make it a habit of placing back your clothes in the closet before you take a new piece out of the dresser.

Trimurty a Contributor in Low Carbon Emission Drive

It was in October 2015 when India pledged to reduce carbon emission by 33 to 35 percent by the year 2030. With the country setting specific targets, it becomes the sheer responsibility of each working sector to contribute its bit. Seeing its work nature support is even mandatory from the real estate sector , to achieve this targets. Indian Green Building Council, popularly known as IGBC plays an important role is assuring that India soon becomes one of the global leaders in the sustainable built environment.

Trimurty Builders have always given importance to the natural and environmentally stable element of a building.  The company’s dedication is proved by its project like Trimurty Aurum – the Gold Rated Green Home by IGBC and Trimurty Ariana – first pre-certified Platinum Rated Green Home by IGBC. As builders, they understand their duty and responsibilities towards nature and its much-needed protection.

But how the construction of green buildings contributes towards reducing carbon emission is a question that many may ask.  The process of building a green building takes into account even the minutest of factor that can harm or disturb the ecosystem. If compared to a conventional building, a sustainable structure uses less water; energy is efficiently used, and it saves natural resources.

Here are some tangible and intangible benefits of green buildings –

1.   Enhanced Air Quality

2.   15 to 30% energy saving

3.   15 to 50% water saving

4.   Better health of occupants

Measures adopted to reduce carbon footprint at construction sites –

1.  We use of low Volatile Organic Compounds (low-VOC) paint which is healthier option and reduces long term maintenance

2.  To reduce heat transmission cavity walls and insulation is used.

3.  SRI tiles to reduce roof heat transmission

4.  Use of light colour for walls, floors and ceiling

5.  High-performance plumbing fixtures

6.  Proper drainage of water