Trimurty’s Guide: Avoid these 5 things when buying a home

We have said it a hundred times that buying a home is a big step both financially and emotionally. One saves and plans a lot for the day when he/she will be able to purchase a house that they can all theirs. To help you fulfill your dream Trimurty  Builders not only brings you world class residential projects but also some important piece of information that must be kept in mind while buying a home.

Often there are time when the money lender backs-out on the last moment. Thinking why? Well, their can be a few reasons, for example if you have taken up a home loan and eventually applied for a car loan on a later date, chances are that the lender cancels off the deal because two loans affects your credit score.

To make sure that you do not encounter such a situation, we have created a list of five things/actions to avoid while buying a home, especially when it’s financed via home loan.

1. Don’t move your money

Remember, never move your money without the right paperwork. As your bank statement is the first thing that a lender will check. Always keep the paper work and statement handy in case you have made a heavy deposits or  withdrawal. Lastly, an important piece of advice, before you apply for a loan, keep all the money you are planning to use for the down payment in one bank account.

2. Further debts

The income to debt ratio plays a very important role in maintaining the right credit score for any borrower. Therefore, when you have applied for a home loan  do not burden yourself with any further debts. Taking loan apart from home loan might result into an income-to-debt over the acceptable limit.

3. Delayed payments

Always pay EMI on time. It is imperative that one does not miss and delay any  payments. Take a note to be on time and if possible even be before time. Not doing the same will have a negative effect on the credit score, that we know is the last thing any borrower would want.

4. Changing job

In normal situation one would and should accept a new job offer that pays well and also takes you in right career direction. But avoid taking it, if you have applied or are soon to apply for a home loan. As a new job while you applied for home loan could be a deterrent. A lender verifies employment status of the borrower and hence, a change in job could cause of uncertainty.

5. Spend your savings

Keep your savings intact, as you would need them for making the down payment. And before the settlement date arrives, the lender might check your cash reserves. You sure don’t want to upset the lender with a cash reserve lesser than what you would need at the time of down payment.

 

Home Loan Benefits for Women

Women empowerment & upliftment has been a prime motto of the government for quite some time. And why not? It’s time that the better-half gets its full share of benefits and perks. Then be it concerning to education, job or even buying a possession as big as a house.

Supporting women’s in fulfilling this dream both the public and private sector offer some advantages. So that the neglected section that was not considered worthy can now make a stand that’s stronger and bolder than ever.

Trimurty Builders salutes the heroic force called women and here trying to help get closer to your dream we present few home loan benefits. As a matter of fact, we are a twenty-two-year-old organization that builds real estate projects both residential and commercial. With a core focus on quality and care for mother earth, you can check our completed and ongoing projects, click here.

1. If a female candidate applies for a home loan, the borrower will be keen to provide with the same as women’s are considered to be more reliable than their male counterparts. In short, they are believed to have a low-risk profile than men.

2. Banks offer home loan to women folks at a concessional rate. Here, one has been to keep in mind that even a small variation in interest rate can have a significant impact on the monthly installments, EMI. However, it is to be remembered that low interest and high risk are related. Meaning, whether a man or a woman interest will be high if the applicant carries a risky profile.

3.Some financial institutions/ banks have special home loan schemes for women. Like HDFC ‘Women Power’ scheme, the SBI has named it ‘Her Ghar,’ and ICICI like its counterparts offers home loan at concessional rates to women.

4.Stamp duty charges applicable while home registration is slashed in some states for women.

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Wrapping up, we’ll like to say that an applicant male or female has to have a satisfactory credit score before he goes applying for a home or any other kind of loan. As from interest rate to loan amount and even the loan tenure is associated with the credit score.

Jaipur the Hot Market for Real Estate Investment

Jaipur, famously known as the pink city is the capital city of the royal state Rajasthan. It is one of the fastest growing region of the Northern India. Over the past few years, the city has shown some massive rise, is sense of development and investment. National and International biggies have shown keen interest in Jaipur, making it the hot bed of investment.

The city is slowly transforming into a major educational hub, with more and more students pouring in each day. Be it for coaching or higher studies, a large pool of institutions, reputed ones have setup here. Also, Jaipur has raised as a big IT destination with many IT projects in its kit.

 

Here are some worthy features that have contributed and will continue the flow of investment in Jaipur –

1. It is one of the fastest growing Tier II cities in the country.

2. It sits on the Golden Quadrilaterals that have been proposed for an upgrade

3. The city has a low crime rate, with well-maintained law & order

4. Proximity to the nations capital is a big plus point

5. It offers a cosmopolitan lifestyle

6. An emerging IT hot spot and business center

7. Provision of best healthcare facilitates

8. Upcoming metro connectivity is a big benefit

9. Jaipur has a well functional international airport with flights landing from all natioanl and major international destinations

10. It’s the tourist capital of India receiving 75% of the total tourist share

11. Approx. by the year 2015, Jaipur will become a Mega City with a population of 10 million persons encompassing over an area of about 800 sq. km.

12. Largest exporter of handicrafts, colored gemstones,  carpets, sterling silver jewelry, apparel, marble & stone artifacts,  engineering goods, traditional footwear, etc.

13. Establishment cos is quite low

14. Heritage conservation is further strengthen Jaipur’s mark in tourism industry

Also Read: Trimurty’s Ariana @ Jagatpura, Jaipur’s New Property Hub

 

How to Make your Guest Room More Comfortable in 5 Simple Ways

Having a comfortable and cozy guest room is a must, as it not only proves you to be a superb host but also makes your guest feel super comfortable and relaxed. Many of us don’t take the same amount of effort in making or decorating this rarely used room but remember one-time effort will take you and your image a long way into the family and social circle.

Apart from decorating it pleasantly, take a note to stock the room with some essential items. They’ll make the guest feel at home and will also testify your in-depth care for them.

We have drafted a list of must-have items in a guest room. Also, you can mold it according to the visitor’s personality and needs.

Also Read: Emerging Trends in Living Room Décor

1.    Start with basics

Try and anticipate the needs of your guest, think of basic things that are everyday use and have high probability that they’ll forget to bring along. Have a tray stocked with items like – toothpaste, toothbrush, ear bud, floss, shampoo & conditioner, bathroom slippers, lip balm, razor and like.

2.     Make their stay as comfortable as possible

Having to sleep at a different bed can be a bit disturbing. Ensuring that your guest has a warm and comfortable sleep pull out some extra pillows and blankets.

3.    Towels Importance

Make sure that there are enough clean towels for your guests. Have adequate provision of hand towels and washcloths. Also, you can have them in different colours to avoid any mix-ups.

4.     Reading Pleasure

Stock some magazine in your guest room, it would be great to have something in accordance to the taste of your guests.

5.    Closet or Hangers

If possible try providing your guests with a closet so that they can keep their stuff in neatly and don’t have to toss their bag each time they want something. If that’s not an option, leave some hangers.

Also Read: Quit these 5 Lazy Habits for a Cleaner Home

 

Trimurty’s Ariana @ Jagatpura, Jaipur’s New Property Hub

Trimurty’s Ariana, the premium luxury residential apartments offers amenities above the ordinary. Apart from being a certified green building that offers world-class facilities, Ariana has the plus of being situated at Jaipur’s fast-growing location, Jagutpura.

It is one of the few locations in Jaipur that offers class leading urban facilities. According to one the surveys done by a leading bank, ‘Jaipur has witnessed major activity in suburban spots in the southern zone like Jagatpura.’

 Here are three reasons – Why owning a property (residential or investment purpose) @ Japatpura is profitable?

 1.  Highly Sought-After Location

What is the one major factors that makes a location premium? Well, it depends on the type of residential and commercial projects situated in that area. Japatpura is one of the prominent location for premium and most sought-after projects.

 2.   Perfect investment Opportunity

A leading bank property service report, Japatpura registered an appreciation in property rate of up to 40%. In fact, rentals and investment both options experienced a hike and this trend is believed to continue in the future.

 3.  Proximity to Prime Locations

Jagatpura is well connected to all the posh localities of Jaipur. So, whether you want to socialize, go to work or are looking for entertainment options, everything is well connected via fast transit route. Also, the proposed 100 km road will further make Jagatpura well connected to Agra Highway, Ajmer Highway and Tonk road.

 Talking especially about Trimurty Ariana, everything is a located within a 5-15 minutes parameter –

 Residential colonies – Model Town, Malviya nagar, Pratap Nagar, NRI Colony

 Shopping Malls – World Trade Park (WTP), Gaurav Tower (GT), Crystal Court

 Schools – St. Anselm’s, Vidya Ashram School, Maharaja Sawai Bhawani Singh School

 Hospitals – Apex Hospital, Fortis, EHCC, Narayana Hrudayalaya

Hotels – The Fern, The Lalit, Marriott, Radisson Blu, Clarks Amer, Royal Orchid

 Corporate & Govt. Office Space – Dainik Bhaskar, Genpact, BSNL

 Jaipur International Airport