Budgeted housing sizes see the most decline in 5 years

Over the last five years, the real estate sector has seen the average size of economic apartments in major cities fall by 17% to match affordability, according to a study

Budgeted housing sizes see most decline in 5 years

According to a study, the average size of economic apartments was reduced by nearly 17% between 2014 and 2018 in the seven largest Indian cities. The Mumbai metropolitan area (RMM) recorded a compression rate of 27 percent, followed by Kolkata with a 23 percent reduction, according to the ANAROCK Property Consultants report. Bengaluru recorded the smallest decrease in average property size (about 12% during this period). The average decline for Pune was 22%, 16% in the Delhi area, 15% in Chennai and 13% in Hyderabad.

“The growing demand for affordable housing is a major factor in reducing the size of apartments in most subways. With real estate prices rising in most subways, developers have reduced their sizes to better align their offerings with buyers’ actual demand, “said Anuj Puri, president of ANAROCK Property Consultants. The compact housing is the fastest seller in the resale market. Thus, these houses offer millennia financial flexibility and both in terms of location, he said.

Among the factors leading to the shrinkage are the not-so-healthy job market and income in the last five years, a realty analyst said. The report also said that most home buyers are averse to the higher maintenance costs that larger properties entail.

“Live-in relationships are becoming more popular and socially acceptable and more and more young people give high priority to career growth, before deciding to marry and settle down,” Puri said. The mean age of marriage in India has increased from 21-25 years to 30-35 years, the report said.

Smart Upgrades for Today’s Homes

More and more homeowners are automating their homes or upgrading to smart homes to make it easier to control systems such as lights, security, music and even window coverings.

According to the Institute for Luxury Home Marketing, here are some of the  smart-home systems taking the technology world by storm

  • Security devices. Many luxury homeowners are splurging on surveillance cameras, motion detectors, automated door locks and other security devices that can be controlled by a smartphone. These systems will even notify you of suspicious activity.
  • Temperature control. Smart thermostats are easy to control via your phone and will help reduce your energy bill.
  • Hands-free faucets. Just wave your hand, and the water goes on or off. It’s not only less messy but also saves money and water. These faucets come in many colors and designs. There are even voice-activated showerheads.
  • Innovative lighting. Sensor systems and “smart” lighting allow you to switch lights on or off by using a smartphone, or Amazon Alexa. Products like Philips Hue bulbs allow you to change colors—and ambiance–as well.
  • Smart cooking. Yes, even your kitchen appliances are controllable by Wi-Fi. There are fridges with internal cameras so you can check remotely to see if you need milk, as well as smart ovens that use sensors to recognize, monitor and cook your food.
     

security devices

Kevo Convert Smart Lock Kit

Kevo Convert Smart Lock Kit
This easy-to-install replacement for your existing deadbolt gives you the ability to monitor your door no matter where you are. By giving lock-compatible eKeys to your family, friends, pet sitters and houseplant minders, you can use the accompanying app to remotely grant or deny access to your home, as well as see who has entered your house and when.

FLIR FX Outdoor Wireless HD Security Camera

FLIR FX Outdoor Wireless HD Security Camera
Offering unparalleled image quality, this powerful camera can connect to the Cloud, giving you on-the-go monitoring access from your smartphone or other device. The RapidRecap technology intelligently condenses the video clips taken from outside your house, so you can quickly and easily catch up on all the action without spending hours watching clips. You can also use the SmartZone technology in the iOS app to create specific zones of interest.

Riley WiFi Home Monitoring Robot
Rest assured that your home is safe while you’re away with the Riley WiFi Home Monitoring Robot – like a tiny security guard for your house. Acting as a set of eyes when you’re out and about, this intelligent robot roams around using its durable tracks that can handle every surface from tile to carpet and grass. Riley remains connected to your home’s WiFi network to transmit live HD video and audio directly to your smartphone.

Temperature control

Nest Learning Thermostat
Designed with Farsight so you can easily view the temperature, the Nest Learning Thermostat is a smart device that will learn your schedule and automatically adjust the temperature for you. You can also save on your monthly energy bills with this ENERGY-START certified device.

ecobee-thermostat-min-300x300-7

ecobee4 Smart Thermostat
Don’t wait to push a button, control the ecobee4 Smart Thermostat with your voice through Amazon Alexa. Advanced in design, this device detects hot and cold spots and will adjust the temperature based on occupancy for consistent comfort throughout your home.

Honeywell RTH7600D Touchscreen
With accurate temperature control, the Honeywell 7-Day Touchscreen Programmable Thermostat allows you to create a comfortable home environment through scheduling. Easy-to-read text and a backlit touchscreen makes this thermostat a sensible option for your home.

Hands-free faucets

Moen 7594ESRS Arbor Motionsense

Ecobee4 Smart Thermostat
Don’t wait to push a button, control the ecobee4 Smart Thermostat with your voice through Amazon Alexa. Advanced in design, this device detects hot and cold spots and will adjust the temperature based on occupancy for consistent comfort throughout your home.

Innovative lighting

foldable-flower-light-fixture

Organic Interactive Foldable Home Lighting
Industrial designer Fredrik Farg created these unusual folding light fixtures, which can function as either hanging lamps or table lamps. Though floral motifs are usually quite traditional looking, Farg’s design is crisp and modern with large, soft pedals that can either support the light or mute it.


A Twist on the Boring Bare Bulb
Bare bulbs are not exactly the height of lighting design, but this clever twist turns that idea on its head. A second working socket allows the bulb to be inserted in various ways to a variety of fixtures. It’s minimalist, but fun – the kind of fixture that makes you look twice.

Smart cooking

Behmor Connected Coffee Maker
This coffee maker is compatible with your Amazon Echo, so you can ask Alexa to brew your coffee for you. Plus, you can control the temperature through an app on your phone.

Wemo Wifi-Enabled Crock-Pot

Anova Culinary Sous Vide Precision Cooker
This slow cooker connects to wifi, so you can control the temperature and cook time from an app on your phone.

Home Buying Tips for First-timers

Buying a home can be nerve-wracking and thrilling at the same time, especially if you are first time home buyers. It is actually difficult to know what you expect. The learning curve here can be steep, but many of the issues can be resolved by doing little homework. When you are buying an apartment for the first time there are a lot of factors to be thought over, but there is nothing to be stressed about. Thoughts of having those ultra-luxurious homes might be dancing in your head, but you don’t want to be carried off by a dream and left with some serious bills. Buying an apartment will probably be one of your biggest investment, so instead of making an impulse buy, arm yourself with thorough research and a few quality advisers

Selecting the right Location

Selecting the right location plays a very important role when buying a property. Also, it has to be made sure that the location you are investing has the potential to grow in the years to come. The property prices in the areas which are pre-established tend to come to a standstill after a particular period, especially when the scope of development is minimum. Understanding the potential growth at an early stage will help you crack a good deal. If you are planning to rent out your apartment then choose a location where you can get maximum tenants. One of the best tips is to make sure that the area of investment is in great demand so that the rental returns are high. Areas nearby to the airport, railway stations, and commercial park centers command higher rents as they possess a greater scope of development

Amenities

Just because the particular street a house is on isn’t run down and doesn’t feature bullet proof windows doesn’t mean that crime isn’t a problem. Check up on the crime rates in the area either by looking online or checking with the local authorities. News websites are another good source for looking up crime.

A Street may be nice and quiet when you visit it in the middle of the afternoon on a weekday, but it’s important to see what the street is like at all times of day and on the weekend as well. It could be traffic is awful at certain times of the day, the neighbours are really loud at night or that all chaos breaks loose on the weekends. Pay attention to traffic patterns around the neighbourhood as well by driving the route you would take to get to work or the grocery store. Notice if a nearby school, church or airport will create extra noise or traffic for you as well.

Even if you don’t have kids now, it’s important to look into the local school district in case you do have kids in the future and because good schools keep property values up.There are many websites which provides  search primary and secondary schools in Bangalore  to find out information on student demographics as well as test scores. Talk with local residents about the schools as well, as numbers can’t tell you everything.

Transportation is another important factor, as you don’t want to feel limited by your homes location, or have to tackle long multi-transfer commutes to work every day. If good public transport is important for you, check to see if there are bus stops and train stations near the house. Find out if those routes can get you to where you need to go easily. You may also want to look into how many facilities you can easily walk to from the house, as well as check out bike trails and lanes.

Just because the particular street a house is on isn’t run down and doesn’t feature bullet proof windows doesn’t mean that crime isn’t a problem. Check up on the crime rates in the area either by looking online or checking with the local authorities. News websites are another good source for looking up crime.

A Street may be nice and quiet when you visit it in the middle of the afternoon on a weekday, but it’s important to see what the street is like at all times of day and on the weekend as well. It could be traffic is awful at certain times of the day, the neighbours are really loud at night or that all chaos breaks loose on the weekends. Pay attention to traffic patterns around the neighbourhood as well by driving the route you would take to get to work or the grocery store. Notice if a nearby school, church or airport will create extra noise or traffic for you as well.

Even if you don’t have kids now, it’s important to look into the local school district in case you do have kids in the future and because good schools keep property values up.There are many websites which provides  search primary and secondary schools in Bangalore  to find out information on student demographics as well as test scores. Talk with local residents about the schools as well, as numbers can’t tell you everything.

Transportation is another important factor, as you don’t want to feel limited by your homes location, or have to tackle long multi-transfer commutes to work every day. If good public transport is important for you, check to see if there are bus stops and train stations near the house. Find out if those routes can get you to where you need to go easily. You may also want to look into how many facilities you can easily walk to from the house, as well as check out bike trails and lanes.

Budgeting

BUDGET

A budget needs to be set while buying an apartment. One has to be practical and analyze the finances as to how much finance you already have and how much external finance will be required for buying that dream house. A proper financial planning needs to done, to meet your short-term as well as long-term objectives. You should be left with at least some amount, to cater various other needs or emergency. Taking a home loan can be a good option, but make sure you choose wisely.

Make sure that you use these tips before purchasing a property. They will surely help you gain high returns on investments and make you feel financially secure

Choose a Reputed Interior Designer

 We’d determine to start off with the two things most of the people want they could have more of: time and money. Just like hiring a designer will benefit you financially, a designer will also save you on time. An interior designer already has a trained sense of what needs to be done and when it needs to be completed, and that they’ll be able to expect any obstacles that may come up.

 Designers can work with your ideas to ensure you get the result you have always dreamed of. They can also use their expertise to make sure your ideas do not become unrealistic or go wildly over budget. Not only are they trained to listen to the client with regard to their vision for their home, they also have a fresh set of eyes so they can come up with new ideas for your project that you might never have thought of.

A great designer will understand how to talk the language in terms of architects, contractors, and building owners. That is crucial in managing money and time. Strong communication between the interior design and the lighting, furnishing, and architecture is absolutely key. For example, proper outlet placement is going to depend upon the way you want your furniture placed. Those kinds of issues need to be addressed before any construction, and an interior designer will know exactly which issues need to be added up.

Everyone is aware of it’s tough to find correct resources. However designers already work in the world of home improvement, so they’re going to have reliable connections that you may need. Hiring a designer will help you easily find an electrician, plumber, and/or contractor that you can trust. Designers also have access to tons of product and fabric that is not available to the general public. With these resources, an interior designer will create a space for you that looks accrued and unique (instead of the huge box retailer stuff everyone has of their home.

Another interior design benefit to enlist their services is time. Since most people have their hands full with commitments to their job, family, and hobbies, they really do not have the time or energy to devote to a remodeling project like an interior design expert would. Perhaps you own an older property and are interested in rehabilitating it to its former glory but do not know how to go about doing so. Often these professionals have access to special tradesman pricing and products, which they, in turn, can pass along to you.

A decorator can potentially add a great deal to the aesthetic of your home, which in turn can increase showings and sales. This improved appeal can exponentially speed up the amount of time your home sits available on the market before it is sold. The advantage here is two-fold, a faster turn-around time and more money in your pocket. 

 You could also enlist a designer’s services if you wanted to convert your residence into a smart home, enabling you to control it remotely with your cell phone or your computer at work. Imagine coming home at night to a well-lit home with the thermostat set at just the right temperature. Never again would you have to worry if you forgot to turn the oven off when you left for work, and you definitely would feel more secure with your state-of-the-art security system.

As you can see, there are many reasons to hire an interior design expert, usually without breaking the bank. Find one in your local area to see what he or she can do for you or you can directly contact us,Vinra Interiors

Vastu Shastra Tips for Apartments and Flats

What is Vastu Shastra?

Vastu shastra  is a traditional Hindu system of architecture which literally translates to science of architecture.These are texts found on the Indian subcontinent that describe principles of design, layout, measurements, ground preparation, space arrangement, and spatial geometry.Vastu Shastras incorporate traditional Hindu and in some cases Buddhist beliefs. The designs are intended to integrate architecture with nature, the relative functions of various parts of the structure, and ancient beliefs utilizing geometric patterns , symmetry, and directional alignments.

Vastu Shastra are the textual part of Vastu Vidya, the latter being the broader knowledge about architecture and design theories from ancient India. Vastu Vidya knowledge is a collection of ideas and concepts, with or without the support of layout diagrams, that are not rigid. Rather, these ideas and concepts are models for the organization of space and form within a building or collection of buildings, based on their functions in relation to each other, their usage and to the overall fabric of the Vastu. Ancient Vastu Shastra principles include those for the design of Mandir , and the principles for the design and layout of houses, towns, cities, gardens, roads, water works, shops and other public areas.

Vastu Signs to Look for in Flats and Apartments

In big cities due to the population explosion and lack of space, apartment and flat culture was incredibly increased. Compared to Independent house culture apartment or flat culture is different. To reach the current society requirements, more land is being used for housing purposes and most of the developers are coming up with high rise apartments and skyscrapers. The time-honored truth is that Apartments won’t follow the Vastu Shastra principles. Even if few apartments follow we can’t expect the 100 percent Vastu.

vastu tips vinra properties

Following the Vastu Shastra principles for each and every Apartment/Flat construction is not so easy.  Here are the few Vastu Shastra tips for flat owners to follow to lead happy, successful and peaceful life and surely it will bring prosperity to the residents.

  • According to Vastu Shastra, the land where the apartment/flat constructed should be rectangle or square shaped without slope downwards. It should not in be irregular form like hexagonal or triangle shape.
  • Monitor the open space, there should not be any ponds near South and West direction from the apartment. A river, well, lake or canal should be in the North or East direction only.
  • A flat having North, East or North-west entrance brings happiness to residents as per Vastu Shastra. Avoid flats having South, West, South-west and south east direction as it brings bad luck to the owners.
  • Open courtyard in the center is prudent.
  • Vastu Shastra tells that a bore well, pumps and lawns should be in a North-east direction.
  • Avoid the apartments having balconies in South and West direction.
  • Kitchens sited in the South-east, North-west direction and on the terrace are good as per Vastu.
  • Colors are the game changer in Vastu Shastra. Apartments or flats painted in red, black or sky blue color are advisable to avoid.
  • The apartment facing the dead end of the road will brings bad and good luck for the residents.
  • Flat/Apartment extended in North east direction is accepted and avoid other directions.
  • Avoid choosing flats/apartments with cuts in South-east and North-east direction.
  • Vastu Shastra tells that Pooja room should be sited in North, East direction.
  • Bathrooms should be in East or In between East and North-east direction, as per Vastu.
  • While cooking the facing should be in East direction.
  • Apartments where the bedrooms located in the southern side is preferable, Bedroom in the southern and western side should be used by sons, South-west by parents and North-west by daughters.
  • Bathroom or toilet door should not face dining hall or kitchen.
  • As per Vastu Shastra Guidelines, stair case should not be in the North east corner as it causes trouble to the residents
  • Watchman cabin should not be in the Northeast corner of the entire building.
  • Heavy construction should be in the south or west direction of the land, as per Vastu Shastra Guidelines.
  • Avoid having big trees in east and north of the land
  • Total number of Windows and Doors should be even numbered like 2,4…
  • All the doors in the flat should open inside
  • Worshipers should avoid south facing

In an existing flat there will be many defects; many can be corrected by measures and remedies and few can’t be corrected, so follow the appropriate Vastu Shastra before construction. 

 

VASTU-SHASTRA

Vinra properties has apartments for you to choose from. If Vastu is important to you, we can help you find an apartment that’s Vastu compliant

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