India Adopts Global Standards to Measure Residential Buildings

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In today’s scenario where consumer is considered the market king, one cannot take the risk to under-satisfy this purchasing-power giant even by an atom. In order to ease producers under such stiff circumstances some set standards were integrated helping them creating consumer favorable products. But over the time these standards changed with each passing crossing.

Even the real estate sectors haven’t remained untouched from this multi-standard environment. With global standards varying as much as 27% in residential apartments and 58% in residents home (according to recent RICS report).

Therefore, in order to bring uniformity and consistency in residential property standards globally an international alliance of eighty property firm has launched – Global Standards for Measuring Residential Buildings.

 With the implementation of these new global standers the Indian real estate sector will come at par with the high international construction practices. Thus, delivering high quality product to the consumer and ending the long grown confusion among the investors and occupiers in regard to standards that differ from market to market.

Improve your credit score before you apply for a Home Loan

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It is easier to obtain a loan if you have a good credit score, not only this but with a good interest rate.

A score that ranges between 750 to 900 is considered excellent, whereas if the score is below 675 then it would be required to improve on the credit score. It is always better for home loan seekers to get a credit report before thinking about a home loan. The credit score can be obtained from the four credit bureaus- CIBIL, Experian, Equifax and Crif High Mark.

Mr. Sujit Kumar, a Delhi NCR- based lawyer says that a good credit score can help in gaining loans at an attractive interest. This way it can lower the interests by lakhs of rupees during loan tenure of 15- 20 years.

credit-score

Immediate Steps to be Taken:

The first step involves in checking for any errors in the lender’s books of records. Though the loan may have been repaid, the records may still show some credit outstanding. Any disagreements between the lender and the borrower should also be resolved to improve the credit score.

One of the things to be taken into account for is that all the dues must be paid on time. Even if it means paying up a missed payment. Consolidating all the loans into one single loan will make it look neat on the records.

During the time of the credit card bills, the borrowers follow the practice of paying up only the minimum amount, letting the rest be a part of the credit card loan. This will increase the rate of interest of the credit loan, where you will have to replace the credit loan with a personal loan and which will not look good for the records.

Long-term steps to be taken:

For instance, if you have a loan against your name, and you do not have the capability to repay the loan, this situation can be resolved only over a period. One should try to alter the mix over time.

In case you are trying to get the best possible deal, do not have the habit of making 15- 20 inquiries, because each inquiry will be registered against your name, which will again create a bad impact.

If you have a credit limit of up to Rs 2 lakh, do not use the entire credit which will make you look hungry for credit.

Few agencies such as “Credit Sudhaar” will help you get the right mix of secured and unsecured loans. You will always be informed about the right number of credit you should own and the maximum percentage of credit beyond which you should not utilize.

Find Your Sapnon Ka Ghar With Us!

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Homes Trimurty Builders

Hello Jaipur! Are you still looking for your dream home that is in the heart of the city and also calm and serene?

Trimurty - Sapnon ka ghar

Over the last two decades, Trimurty has given Rajasthan a large number of landmarks – residential apartment complexes, bungalows and commercial buildings (office, retail & hospitality). Each of Trimurty’s projects, big or small, commercial or residential, carries its signature of excellence. We have a long list of happy clients that we have built and nurtured by our uncompromising commitment to delivering what we have promised.

We have made sure that we provide the best of worlds. From stunning  2 BHK, 3 BHK, 4 BHK flats and Duplex apartments that give you the warmth and comfort of a home to keeping the surroundings green and environment friendly we built it all and have kept in mind all the amenities that is required for a perfect home for you and your loved ones.

We also wanted to showcase our efforts on our project “Ariana” is one of the first green properties in Jaipur area. So please drop by at Hotel Radisson Blu at stall number 4 between 10:00 Am to 8 Pm to understand how we do what we do.

Hoping to see you there!

Thank you for dropping by :)

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Trimurty group considers this as an opportunity to have ICICI delegates at Ariana Sector 30, near SKIT. This is very rare wherein real estate group is having an open discussion on the project which includes MD, Directors, Sales Heads, Architects, Project heads and IGBC Heads. Ariana has been pre-certified platinum rated green home building by IGBC. And we feel honored to share our green building practices with everyone. The panel has shared the quality of construction, top amenities given in the project and other specifications. The delegates asked several questions such as:

What are the main things which customer needs to keep in the mind while the flat?

To which Mr. Abhishek Mishra – Director Trimurty has answered that customer should consider the Brand value of the builder, as well as should check the past record of the builder, perseverance in work is very important, and we must check that for how many years the builders has been serving in real estate market? Also, the budget is very important as customers manier times buy the flat however it gets difficult for them to pay on the later stages. Which causes lot many problems to the buyer as well as to the customer.

How do you define Ariana as unique from the other projects?

To which MD, Mr. Anand Mishra has answered that Ariana is unique as it is pre-certified platinum rated green homes by IGBC (Indian Green Building Council). IGBC certification itself is a proof of our quality of construction.

Is there any governing Body for builders as well wherein the customer can go, and complaint incase what has been committed is not fulfilled?

To which Md, again highlighted about the upcoming Real estate regulatory bill as well as about CREDAI.

With discussing all the significant points, the event ended with high tea and one-on-one interaction. Happy customers of Ariana had also joined in to make it more successful. ICICI delegates appreciated the arrangements and the BOARD to give their precious time in enhancing their knowledge.

The event came out as the long-term relationship building exercise with one of the finest financial institute.

Find your Dream Property in Joyful Jagatpura

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Jagatpura has recently been talk of the town. Reason, it being one of the most sought after locations in the south east of Jaipur. With a favourable topography, seamless connectivity and booming development, Jagatpura has grabbed attention of many investors and home seekers lately.

To further promote the thriving area, Times Property will be hosting a Mega Property Expo ― Joyful Jagatpura, at Jaipur Marriot hotel on 14th and 15th May, 2016. The expo will feature projects of the leading real estate developers of Jaipur like Trimurty, Mahima group, Ashiana builders, Ashadeep, Shriram builders and Harsh Macro.

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The objective is to foster Jagatpura as an ideal investment destination; to provide wide range of ideal options to customers, and a platform for the real estate developers to showcase their property to interested buyers, investors and traders.

During the two-day expo, interested buyers can directly contact the builders or their authorised representative and get their queries solved at the same time.

It is an unmissable opportunity for Jaipurites to find their dream property.

Don’t miss!