Raja Aristos Views – Find the Explanation for 15 Real Estate Terms

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There are various things that you must take into consideration before you make an entry into the real estate world. You must get familiar with the real estate terminology before you make a decision to either sell or buy a house. It is evident that you would surely do not wish to be in a situation wherein you are confused with the industry jargon. And apart from that you certainly do not wish to miss on something important. Find below 15 real estate buzzwords that will help you keep abreast of the know-how.

Adjustable rate mortgage

You can get either a fixed-rate mortgage or an adjustable-rate mortgage while applying for a home loan. Generally, an ARM consists of a precise interest rate for a particular period of time. Moreover, the interest rate varies. It is also noticed that majority of the mortgages consist of a cap on how high the interest rate might raise.

Amortization schedule

Amortization usually means to minimize a debt.

Closing

This is considered to be the last step in a real estate transaction. It means that closing is nothing but the transfer of the title of the property for money or other considerations.

Check the latest mortgage rates in your city

Down payment

In order to purchase a property, that a buyer pays upfront for it is known as down payment. Usually, this amount varies between 5% and 25% of the value of the property.

Escrow

This is the condition wherein a third party holds cash, the property title and property unless and until all circumstances of the property agreement have been met. Herein, mostly a lawyer who will be the third party, will later hand over the assets to the respective parties, as has been depicted in the agreement.

8 outside-the-box ways to find a home

Fannie Mae/Freddie Mac

The Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are basically two government-sponsored enterprises which buy mortgages from lending institutions. Their target is basically to make sure they endorse affordability and stability in the housing market.

Flipping

This is a manner of investing in realty market with the intention of buying a property to re-sell it.

Good faith estimate

This is basically an approximation of the whole price of the purchase of property. This is usually given prior to the mortgage loan is secured. This enables the homebuyer to compare the offers of different lending institutions.

How weak job participation rips the housing recovery

Lien

This happens when a legal claim is put on a property with an intention to get payment for services rendered or debt.

Points

Mortgage points are basically honest charges that the lender might add to the overall cost of the mortgage. Herein, one point is equivalent to 1% of the total amount of the loan.

Home sales rise for first time in 5 months

Preapproval

For a specified period of time, preapproval from a bank locks in an interest rate. This is a deep procedure which needs a latent buyer to give a lending institution with proof of debts and income. Herein, the lender will mostly check your credit report.

Prequalification

This is when a latent buyer is screened by a third party or lender to verify how much the buyer can borrow apart from the terms of the loan.

Prime rate

What interest rate is offered to the best customers of the commercial banks is known as prime rate.

Foreclosures sink back to 2007 levels

Underwater

This happens when a given property’s market value is lesser than the balance of the money owed on the mortgage.

Underwriting

This is a procedure wherein a lender undergoes to determine whether to extend credit.

The Notion That Real Estate Prices Will Never Fall Is a Vague Idea – Raja Aristos Common Views

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According to the author of this article, he states that banks in India played a pivotal role in making sure that real estate prices did not fall. It has been observed that between November 2012 and November 2013, loans given by banks to commercial real estate, had outgrown at a much faster rate than their overall lending. This has been noticed in a given scenario wherein real estate companies have a lot of unsold homes (in other words it is referred to as inventory in technical terms).

It has also been observed that the number of new projects being launched by real estate companies had fell to a large extent. Due to this reason, fresh loans given by banks has actually helped real estate companies pay off their old loans. Moreover, this ensures that they haven’t had to cut prices with an intention to sell their unsold inventory. It has also been noticed that had the situation not arisen wherein bank loans to commercial real estate had not grown as fast as it has now, then the situation would have arisen wherein real estate companies to repay their bank loans would have had to sell off their existing inventory. They would have to cut prices if they wished to do that.

If we take the situation of a three bedroom flat near the Sector 12 metro station in Dwarka, a sub-city of Delhi, the flat had been put on sale for Rs. 25 lakhs nearly 10 years back. Today, the same flat costs around Rs. 2 crore. If we assume that price rises at 14% per year, then it will cost Rs 7.4 crore in 10 year’s time. At a given rate of 22%, it would cost Rs. 14.6 crore. If we consider the price rises at the same rate as they have in the last ten years, then the home would cost around Rs. 16 crore.

It is a known fact as to what occurred in United States. The real estate bubble had peaked in 2006. With regard to that, the prices started falling after the last. For the past 16 months real estate prices as measured by the 20 City S&P/ Case- Shiller Home Price Index, are known to be rising.

If we assess the scenario in Mumbai, we notice that here in this city the prices fell by 50%. It was the last place that one would expect the prices to fall given the fact that the city is surrounded by the sea on three sides and can grow only in one direction. Apart from the price rise, what other reason is propounded from time immemorial is the fact that there is only so much land going around. As a matter of fact, this reason has been cited for more than 100 years now.

Realty Industry Performance in 2013 – Raja housing views

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The RBI’s approach to control inflation, which led to the tightening of monetary had a major impact on the realty industry in India over the majority period of the year.

A summary of realty industry – 2013

As the realty industry has welcomed the New Year with new hopes, let us look back and take a glimpse of the events that took place in the real estate sector and influenced the forecasts of the Indian Economy.  After witnessing an exceptional growth over the last two decades in the Real Estate and Infrastructure sector; however, the growth went loose and the economy dropped in the past few years impacting all the sectors including the realty segment.

The measures taken by the RBI to control inflation that resulted in monetary tightening had a major impact on the realty industry in India that led to high interest rates, increase in unsold units, and lower profit that caused the slowdown in construction activity, new launches, and delay in project completion by various months.  Even most-experienced developers in residential projects are worried due to the subdued sales that has piled up inventories across many cities of the country.

Top six cities real estate data

An overview of realty industry performance in the top six cities of India that include Mumbai, NCR, Bengaluru, Chennai, Hyderabad, and Pune.

Mumbai:  The restricted supply of land resulted of high prices for residential properties, where the weighted average price in Mumbai City is 15,000 per sq. ft., whereas in the entire Mumbai Metropolitan Region (MMR) that includes areas like Thane, Vasai-Virar Navi Mumbai, and Mira-Bhayandar the weighted average price was 5,900 per sq. ft.

Chennai:  Chennai City have the weighted average price of 4,700 per sq. ft.

Bangalore:  Bangalore City have a relatively lower weighted average price of 3,800 per sq. ft.

Pune:  Pune have a weighted average prices for residential properties at 4,500 per sq. ft.

Cities like Pune, Chennai, and Bangalore coped to maintain the prices at affordable level due to the developing IT and ITES sector and the emergence of micro markets.  Bangalore remained to be the city with most affordable residential properties that accounted to 77% of under-construction units below the ticket size of Rs.50 lakh and Chennai followed Bangalore City with 75%.

The developers in these cities had understand the requirement of the buyers and focused on delivering apartment of right size ensuring that the affordability level of the mid-segment is not shattered.

On contrary, Hyderabad City had only 51% of under-construction units below the ticket size of Rs.50 lakh and has the lower weighted average price.  Since, most of the new projects are distorted towards larger sized apartments shattering the ticket size of 50 lakh irrespective of lower price per sq. ft.

Mumbai market with 29 per cent of total under-construction units retains its position as the most unaffordable market exceeding the 1 crore mark, whereas NCR and Bangalore markets were at 11% and 5% respectively.

Present Situation and Future Predictions

The Indian economy grew at a slower pace over the last decade and the GDP of the country was at 5% in the fiscal year 2013.  Moreover, policy inconsistency and the indifference of international and domestic business community sentiments have distressed the real estate sector.  Many industry veterans hope that policy makes will very soon realize that only easing the FDI will not attract foreign investments and say that favorable business setting that provides transparency and policy regularity is essential.

In a wake to make the market more favorable for investor, SEBI drafted REITs in the country, but this could not take form due to various reasons, such as global economic slowdown.

Despite of all these factors the Indian real estate remains to attract investors immensely.  On a positive note, though the Tier I cities are in saturation stage, Tier II cities have started developing with the investments in IT and industrial sectors.  Hence, Indian realty industry is self-assured for development enhancing the country’s economy with it.  The thought that Indian real estate is expensive is on the cost of undeveloped land that is an unusual one, but the completed residential or office space is still available at reasonable price in most of the cities.

To get back on the track of growth by the second half of 2014, the policy makers should make progressive monetary policies that will create conducive market and lower fiscal deficit.

Raja aristos review Rs.40 lakh Investment in Marathahalli will Yield Rs.16K per Month

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Marathallli, one of the suburbs in Bangalore City is located in the outskirts of Bangalore, the area was a sleepy village until the late 1990s.  Following the boom in IT industry, Marathalli area witnessed a rapid growth in terms of urbanization and infrastructure.  Marathalli is easily accessible to the city’s center and other places like HAL Airport, Whitefield, Sarjapur Road, and Electronic City.

The Outer Ring Road, which passes through Marathalli, the metro projects and establishment of many IT hubs and IT parks has boomed this area into a self-reliant township.  With the growing suburb, a large number of shopping malls, branded cloth stores, supermarkets and other shops came into existence.  Marathalli is also the first place in Bangalore City to see the first multiplex called Innovative Multiplex.

This area also has a huge 6 lane railway over bridge near Marathahalli Junction that connects Kundalahalli area and HAL Airport Road.

The expansion of IT companies gave rise to demand in residential properties as employees working in the nearby IT companies drive this demand, which started to attract many major developers and builders also to come up with residential properties for people of all segment.

In recent times, the area has become one of the top grosser in yield per annum in the real estate sector.  As per the research of Magicbricks.com, people who invest Rs.40 lakh in an apartment can reap good profit through renting their apartment for Rs.16,000 to 17,000 per month.  It also added that currently the locality is the top grosser in term of per annum yield, which is 4.94%.

The Marathalli area is not just restricted with higher rental returns to investors, the locality also managed to witness a growth rate of almost 9% in the third quarter (Jul-Sep) of the year 2013.

With Marathalli locality regarded as the top grosser in yield per annum, let us take a look at why this locality saw an aggressive demand and grabbed the list in the high-performing localities in Bangalore City.  The few key reasons that gave impetus in the growth rate of this locality are:

Location:  Marathalli is close to Outer Ring Road (ORR).  The ORR passes through Marathalli, which makes the commuter to reach easily to all the major parts of the city.

Adding to this, Mr. Abheesh Balkrishnan of Saroj Group says that the ORR passing through Marathalli adds a biggest advantage to this locality as it is just 1.-2 km from Marathalli to ORR, which is a traffic free road.

Furthermore, the locality has the 6-lane railway over bridge that begins from Marathahalli Junction, from where one can commute to Kundalahalli area and HAL Airport Road without any stress.

Marathalli is also in proximity to other areas such as KR Puram and HSR Layout, which is another reason that drives property values in the locality.

Many real estate experts say that it is undoubtedly the location and its connectivity to other places that increase the price value of the properties.  With the rising demand and the price value of the properties, many say that it is better to buy an apartment in Marathahalli than Whitefield, if it is of same price as an average size of 1,000 Sq. Ft. apartment in Marathalli and Whitefield may be purchased at Rs.40 to 45 lakh, but while selling the same apartment in Marathalli it can be sold at Rs.45 to 50 lakh and whereas in Whitefield it may differ.

With the current situation prevailing in Marathalli, it is up to the buyers, whether to go for larger apartment in Marathalli for same budget and enjoy the benefit or to save some 10% of their funds.

Witnessing high demand, the locality has adequate number of properties as almost around 20 new projects are under construction in this area according to the Magicbricks listings.

Major real estate developers, who are coming with skyscraper projects are Nitesh Estates, Mantri Developers, Isha Infra Projects, Green City Homes, Assetz Homes and many other major real estate developers.

The locality also has well-developed infrastructures and social structures such as hospitals, schools, shopping malls and other entertainment spots all within reach that are sure to attract the buyers and will make the investors to pat their back in making a wise decision of investing in properties.

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Bangalore Luxury Housing Segment: Now, It Is Worth 1 Billion USD – Raja Aristos News

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IT city Bangalore has been fortunate to deal with the latest real estate crisis in a better manner than other states. The city experienced more or less firm environment in realty sector during the last year. Several factors caused the positive circumstances; the available options, Easy access to latest technology, enhanced lifestyle, educational as well as employment opportunities are few among them.

The city offers wide ranging options, whether you are looking for a villa, penthouse, flat, condominiums, luxury/super luxury homes or land, you have opportunities according to finance and preference.

Luxurious Housing – The New Trend

Luxurious housing has become the latest sensation amid Bangalore buyers with several builders coming up with projects spanning across the city. And, the latest news is that the luxury housing segment in Bangalore has turned into an asset of 1 billion dollar with a per sq.ft price range of Rs 8,000-33,000.

Though, such homes were gaining popularity over the last few years, of late there has been an active interest. Besides, the city is home to large numbers of exclusive buyers.

Luxury homes have takers from the elite group, investors, equity partners, company heads, international businessmen, celebrities or the end users. The number is expected to go only upward in the future.

An investor would look for the rental yield and huge appreciation on the initial investment, while an equity partner would be focusing on profits that are much higher than mid-segment projects. The end-users consider the state- of- the- art lifestyle laced by extreme comfort and privacy unlike other projects which might seem to be congested.

Completing and selling luxurious homes might take a bit of extra time, yet the profits are more as compared with small projects.

With more and more people turning eligible for a mortgage, finance ceases to be a constraint unlike the earlier days. And, nowadays, many luxurious projects come at a lesser price.

Why This Obsession with Luxury Housing?

Why investors are interested in luxury properties? Of course, such homes signify luxury and comfort, with both merging into each other. But, that is not the end; there is more to it apart from elegance, convenience and premium lifestyle. With increasing demand, developers keep on raising the bar with respect to amenities and comfort.

Mostly, people look for the following features in a luxury dwelling:

Additional parking space

Concierge services

Larger ceiling to floor height

Adherence to Vaastu guidelines

Less congested housing units

More privacy

Individual units without common walls

Limited residents, there is more bonding

More safety

Spacious rooms and affluent interiors

More open areas, landscape

Private lift section and,

Servant quarters

Opportunity to lead a lifestyle on par with global standards

Impressive architectural features

More room for relaxation

Excellent view

In other words, luxury housing is synonymous with maximum comfort and enjoyment and minimum fuss. Besides, there will be customizing options, and you could have your specifically designed luxury home in your preferred location. And, recent developments indicate an active interest among builders to include several new hi-tech features in luxury projects. Since Bangalore is a favorite destination of many foreigners, several builders are incorporating world-class features into their projects.

Apart from the basic amenities, takers of luxury projects could look forward to premium features including Jacuzzi, terrace garden, helipad, completely air-conditioned rooms, climate-control etc.

Is There Adequate Supply?

The answer would be in the affirmative, with over 2,000 units present across the city with a price range of five to thirty crores, thus targeting a wide range of audience. There are enough options with several developers including veterans and first timers coming up with premium housing with several features.

Old-hands in the sector are thriving on the reliability factor with a steady number of takers, whereas, novice builders have the tasks of marketing their projects ahead.

Semi-furnished or furnished housing is more in demand and from the traditional city favorites; luxurious homes have extended their presence to city’s outskirts as well.

The City’s Premium Locations

Areas like Whitefield, KR Puram, and Sarjapur are prominent among the most preferred luxurious home locations. The popular names among luxury housing developers include Mantri, Sobha Developers, DLF, Sahara, RMZ, Skylark and several others.

Raja Aristos Commonfloor And Case Studies on Project

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Raja Aristos is providing dream homes at affordable price. Whenever you enter the gate of Raja Aristos you feel that you are a king

Whenever you step in you will get an international feeling. The land scapes are purely crafted and are luxury. There is a luxury facilities provided to the Residents of Raja Aristos. Raja Aristos tower has a high rise of 352 luxury apartments with all the hi-fi amenities like Large open space area, Swimming pool Amphi-theater for get together with friends and family, kids play area, Senior Citizen Sitting area etc. The Amenities provided all are luxury and gives royal feeling.

Raja Aristos provide us a comfort feeling staying at home. There is living, Dinning, Bedrooms and Kitchen with vertified tiles. There is a Main entrance lobby and staircase which is of Granite. There is a 24 hrs Generator back up whenever there is a power cut. Kitchen is fully of Granite and stainless steel sinks with drain board.

In apartment each room is spacious and is decorated with beautiful interiors, and with an ample natural lighting and it’s highly ventilated to get and enjoy a fresh air.

Don’t miss the opportunity of your dream home with all facility. Enjoy the international feeling staying in your dream home. Don’t ever lose the chance; you will never get it back.

Raja Aristos Commonfloor Portals: An Overview

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Raja Housing Ltd, the property development arm of old hand Raja Group, deserves mention among the most successful commercial and residential developers in the city. Since 1995, Raja Housing was fast scaling heights to the top of the sector. There have always been successful attempts to come up with the best adhering to the latest trends and requirements in the industry.

Spanning across the city are several completed and ongoing projects from Raja Housing. If you are searching for well-designed yet affordable properties in premium locations that are on par with international standards, Raja Housing is where you could put an end to the process. All projects from the builder have received a steady demand and assure significant returns in future.

Always willing to offer the best, Raja Housing has come up with the Raja Aristos, an impressive high-rise apartment complex with a total of 312 apartments, located off Bannarghatta Road.

A high-rise apartment is synonymous with exceptional luxury and comfortable lifestyle, so is Raja Aristos. Extending over 4.5 acres of land, Raja Aristos comprises of 4 high-rise towers accommodated in fifteen floors. Typical of a high-rise dwelling, the Aristos offers proximity to prime locations including the Meenakshi Temple and IIM. Residents could also enjoy 75 % of green space, commercial complex, play area, swimming pool and the list is quite long. The project comprises of 2 or 3 BHK luxurious flats occupied with wide range of latest fittings and features necessary for a royal lifestyle in line with globally accepted standards of lifestyle.

Issues clouding around the Raja Aristos Project

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Relishing an enriching and ascending era in Bangalore, the Raja Group started in 1890 entered into a wide spectrum of businesses like Silk, Jewelry, Automobiles, Hospitality and Software and is actively involved in the exponential boom and development.

Following a phenomenal success in these industries, The Raja Group identified potential in the Real Estate market and ventured Raja Housing Limited in 1995 with a vision of creating dream homes in reality.

With many credits adding to its collar, The Raja Housing Limited is the first in the housing industry to offer modern innovative interiors like Italian Modular kitchens, Vitrified Tiles and Italian Marbles as standard specifications for all their projects.

As we all know fake rumors spread very fast like wildfire, the same can be related to the latest buzz in the Raja Aristos project.  In this competitive world, competitors will go far beyond just to achieve what they want and will not care to throw down others in the business.

Booming is the realty sector and so is the rising competition in this sector.  Though, there are many rumors and reviews about Raja Aristos project, we would like to convey all our customers and property buyers to follow the footsteps of our legends who say believe in what you see from your own eyes and what you hear from your own ears.

People who know the value of our business need no justification for the rumor spread about our Raja Aristos project because they know what we are and the path we crossed to achieve this reputation in this sector.  It is the people we are worried about who dreamed about their ideal home and found but left in a state of confusion because of the litigation rumors involved in the project.

At this moment, we would like to share Ralph Waldo Emerson’s quote “Do not follow where the path may lead.  Go, instead, where there is no path and leave a trail.”  So don’t follow the crowd and fall into traps that will make you to take permanent decision on temporary feelings.

We have already taken measures about the rumors as well as against the people who are spreading any fake rumors about Raja Housing projects.

In spite of fake rumors, we are proud to say that Raja Aristos project is launched successfully and has shown reasonable progress. This piece of information about our company is just to clear the barrier that has accumulated the mind of property buyers placing them in the state of confusion.

Adhered to ethical and legitimate approach, the Company prohibits all actions that are anti-competitive or otherwise contrary to laws that govern competitive practices in the market place.  The Raja Housing Limited would kindly request all the property seekers to be calm and come out of the state of confusion that would have become a hurdle to own their dream home. We just want to make one point clear that sticking to our vision and mission; we struggle to give you your home, which you dream off.

A Brief Review and Case Study About Raja Housing

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Raja Housing Ltd, the real estate wing of Raja Group has been a vital player in Bangalore’s core real estate arena since the early nineties. Conceptualized and initiated by brothers Raja Suchindra and Raja Dutta, Raja Housing today is an established name among the most reputed builders in Bangalore. With many successful commercial, residential and layout ventures, the Rajas synonymies professionalism, unmatched competence and service excellence. Since inception, the company focused on bringing people closer to affordable lifestyle that matches with international standards. The company has many upcoming projects in the residential sector and is the best choice for those interested in construction of international standards. Raja housing goes a step ahead and ensures that all their projects are in sync with economic policies of the nation and environmental standards.

Residential Projects

Residential properties from Raja Housing stand as proof for their professionalism and service excellence. With several completed, on-going and upcoming projects across prime locations like Brigade road, Jayanagar, Ashok Nagar, Shanthi Nagar, R. T Nagar and others, the company follows its motto of providing international lifestyle to all customers.

Commercial Properties

Raja Housing is one among those reputed builders with strong presence on both the residential and commercial sectors of the city. Their proposed commercial ventures span across the city’s prime locations including Jaya Nagar, Bannarghatta Road etc to name a few. Since tailor-made to suit customer’s demands, commercial projects from Raja Housing have always been in demand.

Layout Projects

Apart from commercial as well as residential projects, Raja Housing is reputed for layout projects. Their upcoming layout projects are available in Yelawala and Mysore Road. Completed projects in other areas like Utarahalli and Cubbala are testimonies for their architectural excellence.

Why Raja Housing?

Raja Housing Ltd is the perfect blend of professionalism, perfection, team work, quality construction, untarnished and proven record and international standard construction. The company comes with options for all and covers all prime and potential locations in the city. Besides, you have their completed projects as proof.

MOVE AWAY FROM REAL ESTATE

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Rajesh Agarwal of Eastern Financiers says It isn’t the least bit wise continue holding any stock within the realty sector.

The entire heap of things close this sector perhaps of company governance issue, inventory levels area unit high, high interest price, low demand, it’s during a mess, thus I don’t assume there’s any hope left for the world per sector within the next 6-9 months or even year down the road unless and till the interest rates starts falling drastically, that we have a tendency to worry isn’t potential within the close to future.

He also says As far as Indiabulls realty worries, they need two-three sensible comes in central city which goes to assist them within the short term. The primary quarter numbers were pretty okay attributable to that conjointly.

Going forward it wouldn’t be prudent to urge out on the simplest potential chance from realty sector as a full for all the investors. I don’t assume there are any hopes left within the sector.