Digital is the Reality for Realtors today

The real estate sector, which was still on the brink of digitizing its operations virtually has integrated technology seamlessly with the unfolding COVID-19 pandemic and the declaration of the shutdown. Developers have made a global jump in residential real estate. They have become more likely to engage in online shopping programmes to ensure a fast home sales process during the pandemic.

 

There is a fair deal of momentum in demand for new housing, and we’re seeing growth come back to the market. There is a rise in digitizing the sector, with most consumers using automated tools for house searching and project shortlisting in the midst of the lockout. The sudden occurrence of this ongoing crisis has undeniably intensified the pace of digitization within the market; redefining the boundaries to ensure that the sector remains afloat.

 

Several real estate developers have managed to digitize the full purchase process with the aid of state-of-the-art technologies thus keeping with their social distance policy.

 

There are several approaches that have made it easier for developers to respond to evolving conditions and that will be necessary during the ‘new normal’. Social media has become increasingly significant. Realtors, along with their industry peers, aids to build powerful networks with customers and prospects across different social networking sites.

 

Video conferencing has emerged as a versatile multimedia platform that has increasingly been embraced by real-estate companies. While upholding social distance expectations, developers have ensured that they are in continuous communication with their consumers through the use of digital platforms. Product launches, live bookings can all happen online, without the need for any paper interference. Social isolation has modified the way people communicate and function in physical environments. Developers are working to integrate technology and to reach a larger audience and provide home buyers with exclusive virtual tour experience. These contactless walk-throughs save time, discourage multiple users from visiting homes, and are suitable for the initial stages of online home viewing.

 

Customers, today are active on internet platforms, and developers are continuously coming up with new ways to market their homes digitally.This adoption of technology has provided them with ease, and it is not going to cease even after the pandemic. Digital platforms that serve the industry today will form a solid base for companies tomorrow, and these emerging tools will create a smooth shopping process for homebuyers.

5 Important Facts On Home Loan Tax Benefits In India

A home is a dream, a dream that takes a significant lifespan for a person to achieve. We work hard, save plenty and kill many dreams to build a house for ourselves and our family. A home is a fantasy for many, yet an achievable one with the tax benefits in India. Using the benefits smartly, one can buy a home without waiting for a lifetime. Here are a few listed below to educate you about the tax benefits which would come in handy when you plan to buy a house. 

 

  • Tax savings can come from both the interest and principal elements of a home loan. Individuals who have taken out a loan to buy their house or for building purposes may demand the principal sum under section 80(c) and the interest may be charged under subsection 24(b).

 

  • If the loan is taken on or after, one can get a discount on interest portion on home loans of up to Rs. 1.5 lakhs. 1st April 1999 for the development or purchase of a house. This exemption from home loan tax will be gained if the transaction or building is done within three years from the end of the financial year in which the loan was issued. Besides this, a certificate will be issued by the lending bank to certify that interest is due on the loan is taken to purchase or develop a home.

 

  • When a person buys a house and wants to sell it within the same year or within a three-year period, he will be liable to pay tax on short-term capital gains. However, if the transaction occurs after three years one is entitled to pay long-term tax on capital gains. This is not taxable if the income sums are deposited in tax-saving capital gains trusts as stated in Section 54 thereby providing significant first-time tax incentives for home buyers.

 

  • Only the person who has repaid a home loan will benefit from the tax deductions. If there is a co-borrower on the aforementioned home loan, he or she can demand only minimal advantages from the exemptions that one can take advantage of when applying for a home loan. It’s restricted more to the sum they’ll pay back.

 

  • Another tax advantage is available on a home loan if one wants to make payments. If a person who lent money refuses to pay the EMI on time, he will not be entitled to demand the tax benefits on the sum that would have been paid.

Teachings of Verticals by Unity Group

The greatest thing about life is ‘Learning never stops!’ It is both incredible and overwhelming. “The world is a university and everyone in it is a teacher. Make sure when you wake up in the morning, you go to school.” ―T. D. Jakes. Great words said by Jakes aeons ago still hold a worth. We, At Unity Group, believe that learning is a continuous process and one must be curious to know, learn and experience life at all levels. Life presents various opportunities of learning at every step and here we’ll discuss how each vertical of Unity Group teaches us something invaluable.

 

‘Health is wealth’, an overused and abused but worth its word saying teaches us to value the most important faculty of our lives. Health can not enough taken care of. We must respect and take responsibility for our well being before life forces us to. Both physical and mental health plays an integral role in shaping our lives to a great extent.

 

 

 

Education is an asset that can never be taken away from us but it does take us places. The only thing that separates a fool and a wise is the former believes he knows everything. We must always focus on brushing up our skills and a curiosity to know more. The Unity Group’s education vertical works relentlessly towards the development of children; they are the future and we want to give our best to make the future brighter.

 

 

The commercial aspect holds a significant place in our lives. It is the driving force behind all the other aspects. We all dream of a lavish lifestyle but only a few of us are ready to toil for it. Only the ones who sweat it out reap the benefit of it. Never fear chasing your goals and or be scared of the long journey. Good things come to those who hustle. 

 

 

Home is our safe haven. And we learnt the significance of our safety abode in these testing times even more. The comfort of our home is irreplaceable and no place can match the contentment and convenience of a home. The joy, the memories, the life we create in our homes makes a prominent part of our lives. No worldly comfort can compensate for the warmth of one’s home.

 

 

Travelling teaches us without a scorecard. It enriches us, adds to our life experience and forces us to get out of our comfort zones. We, at Unity Group absolutely believe and aspire to make travel an enriching experience. The hotels by Unity Group would take away the journey’s stress and rejuvenate you to start afresh the next morning.

 

Whether we are buying your first car or making an addition to the pool of automobiles in your driveway, each car holds a special place in our hearts.

 

 

Unity Group deals in marbles along with its varied other verticals. Like in every sphere, we believe quality is the real hero and it goes a long way. Being one of the most expensive type of floor material, it has taught us to be that quality goes in before the name goes. It is something to ponder upon and instil in our lives.

 

 

 A car doesn’t just take you from one place to another, it holds the power of taking us anywhere if we dare enough. We must challenge ourselves and be brave enough to start the journey we all want to make. The first step towards achieving your ambition is to begin. Start small or start big, just begin. 

 

Real Estate Sector after Lockdown

 

The lockdown, the un-lockdown, the stay-at-home, the resuming office, the work from home culture…the list is endless. This uncertainty and chaos in our lives led to one major realization, our home is the most important and safe place to be. The taken for granted and a place to crash has now become the place to live, exist, work and feel absolutely protected. Not only us, but the system, the government and the real estate sector have comprehended this fact and there are major policy shifts to accommodate this. 

 

The home loan rate of interest is at an all-time low, making it appealing to buyers and investors. It is a lucrative time to buy a home pertaining to many factors. The prices of the home are comparatively low at present, bringing in the middle-income group to invest in a home. The first time home buyers are increasing as a consequence of work from culture and many are planning to upgrade their lifestyle and home to fit the current and future needs. The home office has become an integral part of our lives and is likely to stay that way. 

 

The real estate sector is navigating its way to suit the current needs of the consumers. Today, people prefer buying an apartment in a gated society as compared to a few years back.

 

The Amaryllis by Unity Group is one such property that is the epitome of security, greenery, unparalleled amenities and many other accommodations. The luxurious society in Delhi has bespoke apartments to suit your current needs along with the opportunity to redesign it in future. The show apartments give you unrestricted flexibility to remodel your home as per your changing demands. 

 

The Unity group along with others in the real estate sector has comprehended the power and benefit of the digital world. After the initial resistance to change by customers, the shift to the digitization has opened up opportunities for everyone. The comfort of perusing your new home without the hassle of traffic is an attractive factor. One can, today, browse through a number of prospects with a click and make a decision easily and quickly.

 

Home has always been a major part of our investment and with the dubious factors and uncertainty, a home is seen as the safe haven both in terms of health and finance. With the rising demand and increasing opportunities, this sector is rising and along with it lies a chance to upgrade your home and lifestyle. 

Advantages for women home buyers in India

Roti, kapda, aur makaan are the basic needs of a human. A home is one of the primary aspects of the onset of civilization. Men and women created their lives together in a home; men build houses, a woman made it home. The system sustained for a coon’s age. Slowly and steadily, the woman’s efforts got sidelined and men became the ‘heroes’. But, gradually with the patriarchal set up twinging like a chronic disease and women empowerment gaining momentum, the women have realized the significance of owning a house. We, at Unity Group, appreciate this shift in dynamics. Let’s look at the advantages for women home buyers in India.

 

1 – Home Loans at Lower Rates: The rate for home loans is further reduced for women to encourage them to buy a house. The luxury apartments in Delhi at The Amaryllis by Unity Group are the perfect choice to make a home, with safety in check and convenience assured. 

 

2- Discount in Stamp Duty Charge: To facilitate the women for buying a property, the government of India has provided a discount in stamp duty charge. The Unity Group values this and the luxurious society in Delhi, The Amaryllis is built with due consideration of women’s freedom and security.

 

3- Tax Benefits: Owning a house gives women the benefit of tax deductions. And owning a house The Amaryllis, Karol Bagh gives you the added advantage of the flexibility to travel as its located in the central part of the city and makes for a great investment.

 

4- Benefits under PMAY scheme: The PMAY scheme ‘a woman owns house ownership but the highest subsidy that can be used is Rs 2.67 lakh. This is to keep women at the designated class of groups who have preferential housing allocations over their male counterparts.

 

5- Secure financial cover: A property is a great investment. It is valuable for a woman to invest in her own house and be independent in the truest sense of the term. The Amaryllis by Unity Group is a great property, for not just living but as an investment too. 

Impact of Covid 19 on the property market in Delhi

A home has always been a safe place and a safer investment for us. We have always betted our money on the property; an asset which as always seen an upsurge, especially in the past couple decades. The current COVID 19 scenario has elevated the connotation of having a home. Been locked down and no place to go, our need for a personal space has heightened, both practically and psychologically.

 

With the dwindling world economy and nihilism, the current period might be the best time to invest in a property, even if it seems otherwise in the current fleeting moment. Rising ‘work from home’ culture has taught us the value of comfortable living space. The decrease in home loan from 12 to 5 per cent by the Indian government is a favourable and much-needed change. It’s a lucrative reason to invest in a property that we’ve been meaning to purchase for so long.

 

The current scenario is also the time for innovation. As we all are leaning towards the digital world, it is the need of the hour for property dealers too. The traditional way of doing things might not work today, but it has given rise to creativity. The virtual tour of the property has become mainstream to accustom the present day scenario. There are a few impediments in the property business that can’t be ignored. The sudden and undecided lockdown a few months ago led to labourers moving to their hometowns. Even with life getting back to normal, there is an acute shortage of labourers.  The ongoing disruption with China has led to a shortage of construction materials like iron, steel, plastic, etc which are integral to the building.

 

Under usual circumstances, the average rental increased from 4 to 8 per cent a year. Though there is an unlikely change in the rental space as yet, the correction in the price of under-construction properties might work in investor’s favour. For those who wish to own a house in the city and are not rushing against time, this upheaval could be a suitable time to invest.

 

Other factors that might affect could be seller’s or builder’s financial health at the moment, increase in WFH opportunities even when the pandemic is over or the psychological shift in perspective that the COVID 19 has caused.

 

Reasons Why You Should Make An Investment In Real Estate In Times Of Pandemic

The coronavirus is a worldwide pandemic that has overwhelmed the world. Almost everybody across the globe finds a safe heaven within their homes while we also see an economic slowdown with multiple businesses finding it difficult to survive. One of them is the aircraft industry which is one of the hardest-hit ventures. The cost of damages is expected to reach $113B in 2020. The real estate industry has felt the heatwave of the pandemic, making buyers and sellers more concerned about the real estate investments during this period.

 

 

Should investing in real estate decrease in the midst of the coronavirus pandemic? Louis Glickman said that The best investment on Earth will be earth. Is it still the best and would it be a good idea for us to keep on putting resources into it during or after this pandemic? What you need to think like an investor or real estate agent? Don’t worry, we will solve all your queries in this article. Let’s take you down to the various aspects of real estate during this corona outbreak!!!

 

 

Will it be Safe To Invest In Real Estate During Lockdown?

 

 

Probably the greatest inquiry posted by financial experts / specialists is whether it is as yet safe to put resources into real estate during this worldwide pandemic. All things considered, this isn’t the first occasion when a pandemic has happened. However it might be the first occasion when it’s happened on a worldwide scale. There was a huge effect and damage which was done even  during the SARS and Ebola virus pandemics in Asia and Africa but that was not local in nature and did not affect the entire globe.

 

Worldwide markets are held together by a strong bond of trust. The gloomy days produced by this pandemic have individuals mulling over their speculations. In any case, one thing is sure, the infection will clear and the business sectors will recuperate and return to their typical way. We have seen harder times and only better days are to come next.

 

Why You Should Invest In Real Estate

 

Talking about The Real Estate Industry or any other industry, possibly the way we deal with things and the way we do business would change. But, for now, Real Estate is the focus and we would like to bring around and elaborate the changes which would occur in the way real estate industry would be seen by the world. We have picked up a few pointers which would in turn reduce your efforts in searching and would give you the required information in the best possible way.

Low-Interest Rates 

 

Lower Intrest Rate

 

Overall, the interest rates have reduced. This has allowed businesses to take the requisite advances and are expected to keep running. Lower rates of interest by banks increases the purchasing power of individuals who need to enter the real estate market. So as a real estate agent, there are chances of more leads and more people will be purchasing a property.

Market Strength 

 

Even though the overall market has slowed down, real estate is the only investment which has seen minimum down trend and has held its forte. Compared to the other investment options, Real Estate still remains the safest and the most reliable and holds value in the eyes of the investor as well as the seller. The other businesses in comparison including tourism, hospiyality and entertainment have taken a huge hit during these difficult times. Financial specialists are exploiting the low-loan costs combined with anticipated lower deal costs of properties to purchase more properties.

 

Pandemic Sale

 

A pandemic that goes on for a significant stretch regularly causes alarm deals. Individuals exchange their advantages to guarantee income to take them through the pandemic. Investors are consistently watching out for properties that are put on special pricing during this period.

 

Reason For The Best Time For Real Estate Investment

 

The pandemic coronavirus has disrupted all the markets and businesses and has also, to some extent has affected the housing market. This is the right time for the people to invest in the real estate market as this will fetch a huge amount of return in the coming days. But there are some points which make it an opportunity for buyers to invest upon.

 

  1. Tangible Asset

The first thing is that land, properties, flats are of tangible nature and will not change over time. They come under the non-volatile category i.e they remain the same for years if left untouched whereas the stock market is of volatile nature and will change overnight. This sense of security makes it feasible to invest in real estate as these assets won’t be changing overnight.

 

  1. Attractive Prices

During this crisis, people are in need of money for running their lifestyle, due to which people are selling their lands and properties at much cheaper rates. Adding to that, people are giving offers so as to get customers for their properties. People love to have a good deal on their purchases, they like to have more lucrative offers. This not only allows sellers to gain more attention but also the customers to take advantage and buy properties at a very lucrative price.

 

Also during this time, you can easily get payment options and loans at a much cheaper rate which will make you purchase your dream house.

  1. Long-term investment

As we all know, buying land or real estate is never a short term investment, rather, it is a long term investment process. Buying land will not give immediate profit, but it will fetch you a profitable business over a long period of time. Investment in real estate brings a high return on investment in the long term, so considering this fact making a purchase during this time will be a future investment for you.

  1. Low home loan rates

Due to the corona outbreak, various state governments have given relaxation on home loan interest rates. This relaxation can make the best opportunity for buyers to make an investment in real estate.

With ease on loan, you can easily think of making an investment in your dream home. Lower home loan rates will increase your budget and will allow you to go for an extra edge of your budget while making a purchase.

  1. Time at your disposal

Guess what, you won’t be having a much time constraint now i.e during this lockdown period, most of us are free and are staying at home. This brings an ample amount of time at your side, which you can utilize to analyze the market and make a deep research on real estate. You can negotiate with realtors to get the best pricing for the home or property which you have selected to make an investment.

 

Conclusion

 

This is a tough time for all of us but thinking like an investor can fetch you good returns in the coming days. It’s your time to think on the right property and do the best research so that you can get your dream house at affordable rates. Feeling confused about where to start? Just drop us a message and our expert will get in touch with you and take you down to the best dream home that matches your requirement.

Takeaway scenes with luxurious rooms

When it comes to the best part of the house then nothing can match the luxurious bedrooms which are all-time ready to give you a peaceful sleep. These beautifully designed spacious rooms are a perfect example of fine designing.

 

To amplify your lavishing life lets move on to the expensive rooms you get an option to privatize your rooms from the living section. This privatization is customizable and available with a sliding lock mechanism. 

 

Full height storage space is available to store all your antiques and clothing in the space provided. There are 3 lavishing bedrooms that are segregated to focuses on your comfortness. 

 

 

Starting with the kid’s bedroom it is 12*14 feet size room. It has attached bathroom with 3 storage spaces within the room with the attached styling bathroom. The private balcony is made available to keep your mind fresh all day.

 

Then comes the parent’s bedroom which is 12*14 feet size room with a running balcony connecting with the master bedroom. It is more of a private balcony at the front with a garden-view. You can make the best use of the storage space to align your goods in one place so that they can be easily accessed at one go!!! 

 

 

Guess the grandness of the master room? Well, the master room is 16.5*14.5 feet in size which is huge enough to cater to all your belongings in one place. You can even place your personalized piano in your room with a king-size bed and still, you are left with a lot of space to play around. 

 

The beauty of the master room is magnified with an L-shape balcony adding to it you get a personalized bathroom with customizable jacuzzi and walking closet to keep you on the go.

 

These rooms have mind-blowing style furnishings with an added touch of grace where every convenience has been considered. 

 

Loosen up on your jumbo bed, get up to speed with work at your oak composing work area or call for in-room eating and appreciate hand-created artifacts next to great perspectives, these are some of the beautiful takeaway moments while going through these luxurious rooms. 

Why you should look forward to buying property in Central Delhi

The market for both residential and commercial properties in India is growing day by day thanks to the amazing performance of our economy in the last decade. If you have a business, then it makes sense to relocate to a place which has a well-developed infrastructure and a thriving market. However, relocating to such a place has its advantages as well as disadvantages and we have put forth a few points below so that you can make up your mind as to whether the relocation plan that you are considering is worth the effort.

 

If you want to find a residential property in central Delhi for sale you can either engage a broker or do some research yourself to know about the available properties in the market and their prices. However, if you are new to the area, then we suggest that it will be prudent to go through the broker because of his familiarity with the area as well as his specialization in this job to get you the best property at a bargain price.  

 

 

 

 

Some of the advantages that you get if you buy a residential property in central Delhi are as follows:

 

1). When you buy a property in Delhi, you get a fully developed infrastructure ready for you.

 

2). The transport system is well developed and you have several modes of transport available to you that include auto, buses, app-based cabs, metro trains and so on. If you are planning to go abroad, then also it will be easy to commute to the Airport.

 

3). You will find regular electricity and water supply.

 

4). You will find several facilities like banks, schools, hospitals, playgrounds and markets near your home.

 

5). If you have a residential property in central Delhi, then you will find a better scope for higher education and employment.

 

While living in Central Delhi has several advantages, it also has its negative sides too. Some of these are discussed below:

 

1). Although there are numerous modes of transport available in the city the traffic problem in Central Delhi is also critical. Here you can remain stuck in traffic for a long time.

 

2). Property prices in the central part are significantly higher than that of the properties available in the suburbs. The rent and property taxes are also higher compared to outlying areas.

 

3). Prices of commodities are also higher as business people consider people living in the central part well to do and mark up their prices accordingly.

 

4). The level of pollution in the central city is also very high compared to the areas that are on the outskirt of the city thanks to the presence of a large number of vehicles and factories.

 

 

Bespoke Luxury, Unmatched Living

 

What good is luxury if it is not tailor-made to suit your exact and precise needs?

 

Welcome to The Amaryllis, Phase II, exclusively crafted, bespoke apartments that elevate luxury to a new level. 

 

Luxurious Living

 

These apartments are an apt reflection of how you choose to live and amplify your style and class. From all the interior walls to its splendid Italian marble or the bespoke wooden flooring that decorates the interiors, every aspect can be altered depending on your definition of luxury.

 

As you step into its living and dining area, its 25 x 22.6 feet expanse wows you with space and design aesthetics. This wide canvas belongs to you and your imagination. Customize it, do it the way you want; to suit your lifestyle, choice, and dreams. 

 

Matching your lofty idea of grandeur, its floor to floor height of 12 feet amplifies expanse.

  

 

Connected to a large, piano-shaped balcony, this aesthetically designed space transports you to a view that is bound to mesmerize. 

 

The attached kitchen enables you to dish out culinary delights for your guests sans any delay or hassle. 

 

With Concierge benefits that go beyond imagination, the world is a smaller place and the luxuries of the entire universe await to be explored and cherished.

 

Come, surrender to luxury, that too custom-made to suit your eclectic style.