Why to buy a flat in Guwahati instead of renting one?

Why to buy a flat in Guwahati instead of renting one?

Having a home of one’s own is an unmatched feeling of happiness. To experience the belongingness to a home with the other members of the family is the bliss that nothing else can provide.

In order to have a home, what is the first thing that might necessarily come to your mind? It may be a heap of thoughts which might trouble you, regarding the planning , its construction, choosing the perfect design, getting the suitable architect. Though there are a number of flats in Guwahati, but how do you choose the best flat for your family?

Buying versus renting:

Ownership of a home also brings benefits like the sense of stability, something that you can call a home and enjoy the feeling. You will automatically belong to a community as you buy a home and get to enjoy the sense of love and equity.

PMAY scheme:

Under the Pradhan Mantri Awas Yojana, the CLSS subsidizes the interest rate at which the homebuyers take loans for buying a house. The buyers will be able to enjoy a reduced rate of interest while buying a house. According to this scheme, the govt. pays an upfront subsidy of upto Rs. 2.67 lakhs on the loan amount and assists in reduction of the monthly EMIs. It also helps the homebuyers to save despite the loan.

Favourable circumstances for loans:

Every family is in an ardent need to make sure that they have enough resources for future utilization. Imagine staying at a rented house and failing to make an investment? Owning a fixed property like a house will let you go for a loan against your property.

Value gets added to your home:

Owning a home of your own will contribute towards adding value. You can go for renovating your house, thereby making it a valuable property. With the passage of time the house will get more value added, than a rented one. Moreover a rented house limits your desires of carrying out any innovations in the house. Therefore make the best choice and buy flats in Guwahati today, and have a happy living with your family.

Unprecedented value appreciation:

If you invest in an emerging locality that promises upcoming infrastructure, you will make a staggering profit. While making an investment on a fixed property there goes a little chance of going wrong. Property prices increase along with the inflation rate, which fixed deposits do not take into account.

Why Protech?

Protech is a real estate company in Guwahati,  that accommodates the requirements of a home in the best possible way. It is inclusive of all the needful, and essential space that a family needs while setting up a home. Apart from the phenomenal architecture, there are a host of attractions of the homes of PROTECH GROUP, which are convincingly captivating taking into both the essential and comfort into account. So it has two projects. Here is a brief summary of why it should undoubtedly be your first choice!

Protech Akansha

It is specially designed with the feature of rainwater recharge, that also helps to save and curb the excessive usage of water. To maintain the hygiene and cleanliness, there is a provision of dustbins that segregate wet and dry waste. A proper space for washing and cleaning cars is also present inside the compound. Get cheap flats in Guwahati with Protech Akansha.

Protech Galaxy

There are flats for sale in Guwahati at Protech Galaxy, with some exciting features that is going to fulfill your requirements of your dream house. It is located at the heart of the city of Guwahati in Bhetapara. It is an earthquake resistant 2/3 BHK flat in Guwahati. Under the PMAY and APUN GHAR scheme, subsidies are available. You can avail home loans from multiple banks. The location is near the National Highway, therefore making the commutation easier. Besides that, swimming pool, play area for kids, community hall for get togethers, visitor’s car parking area. There are a few flats available that have the facility of an open terrace to get a taste of the open air ambience. There is also a general store inside the compound that takes care of the required amenities of the families.

Having gone through this entire blog, there might have surely been an idea on your mind on why purchasing a house is better than renting one. How the ownership of a house brings with it a lot more other gifts for you to enjoy with the house. Choose the best home, the best ambience and own your dream house! To know more about the projects of Protech Group, you can visit the website by clicking the button below and visit our page on Facebook by clicking our facebook button.

 

Fitness increases well being and productivity. Buy a flat with a gym.

Fitness increases well being and productivity. Buy a flat with a gym.

Introduction

Fitness has become an important aspect of our lives. Research suggests that daily exercises reduce brain fog. It also prevents ageing.  In other words, by the time we reach 50s, 60s, and 70s, people who exercise might have more brain cells than their more sedentary peers. This would give them a major advantage in the workplace and productivity. So, it is necessary that we invest some of our time working out in the gyms or exercising at outdoors. The busy life of the city of Guwahati provides us very lesser time to go visit the gyms or the parks for workouts. Also, nowadays everyone prefers flats in Guwahati with gym or yoga lawns. Therefore, it is necessary that every residential complex must have amenities like the gym or yoga lawns within the campus. This will be time saving for those who has tighter schedules.

With tight schedules, and the constant struggle of balancing personal and professional life, we all miss looking after our health and fitness. A demanding job, your family, kids, responsibility towards them hardly gives you time to look after your own health.  You barely find time after office to indulge into some yoga or exercise for yourself.  Many still manage some time during mornings or evenings, and go out for jogging in the parks or get enrolled into a gym. But then you find out that traveling to and fro takes all the time you saved for exercising.

So, why not get settled into some complex that has its own gym centres and yoga and jogging lawns. Living in a residential complex with adequate facilities for fitness will make it easier for you to pursue fitness in your everyday life.  

In-house Fitness Centres

The Indian fitness industry is a huge and promising market and this is a reflection of our changing perception of health and fitness. But, the biggest hindrance into hitting the gym, or taking up a fitness activity is the convenience. The pressure at home and office, the weather and also the traffic discourages us from going to the gym. If, you find a gym or yoga ground within your residential complex and at 30 seconds distance from your flat, then it is like hitting a jackpot. Nowadays, the builders have recognized this demand and have already engaged into creating residential projects that has a wide range of fitness amenities such as gym, jogging track, swimming pool, and sports arena etc. Today, many residential projects have fitness centres, yoga lawns and swimming pools which have come out as wonderful means of conveniences for the residents and thus adding value to the residential complexes as well. So buy flats in Guwahati with Gym.

Why is a healthy lifestyle needed?

According to a survey, many Indians look forward to a healthier lifestyle. The craze for fitness, running, yoga and gym is increasing. This change in attitude has come from living the fast-paced lives, which has introduced several lifestyle problems affecting our body and mind. People are now going back to the roots and investing in lifestyle, food habits etc. They have recognized that physical well-being is an essential part of good emotional health. Thus the rise in the demand for the amenities related to health and wellness. So buy flats in Guwahati with Gym.

The Outcome

With the presence of such amenities in the residential complexes, people are slowly getting a meaningful and sound lifestyle. Also, nowadays there are playgrounds for the children as well for their physical and mental development. Before booking a flat, these are the amenities that are most checked for. So buy flats in Guwahati with Gym.

Protech Akansha

Protech Group is one of the leading real estate companies in the North-East. We commit to understand consumer needs. We strive to have 100% satisfied customers with a promise to adhere to time commitments and high standards of quality.

Protech Akansha is our latest project with the following amenities that address the fitness requirements of our customers.

  • 1,252.53 Sq. Ft. Swimming Pool with deck in an elevated podium
  • Playground for kids
  • Gym area
  • Yoga and jogging area

The booking for this project is going on in full swing. You may want to have a look at it without any delay to get the best flats in the complex. So buy flats in Guwahati with Gym. Please click the link below and fill the form, so that we can call you and fix up an appointment as soon as possible.

 

Why Noonmati is the best location to buy a flat?

Why Noonmati is the best location to buy a flat?

Introduction

Noonmati is a locality in Guwahati which is best known for the Guwahati Refinery of Indian Oil Corporation. Known as the Gateway of the North East”, Guwahati is the largest city in the northeast, and one of the fastest growing cities of India. Guwahati has the best schools, medical care and most importantly a growing economy with ample employment opportunities.

So, if you are looking to buy a flat within the city, Noonmati is the location to start your search. Noonmati, situated in the west of Guwahati still holds the natural beauty of the hills and abundance of fresh air.

Destinations of Noonmati

Noonmati is a recognized location with the Guwahati Refinery, the hillside and one of the most popular schools of Guwahati, Assam Jatiya Bidyalaya. It has three entertainment centres in close proximity – Anuradha Cineplex, Vandana Cinema and Gold Cinema, Narengi. There are 27 places of worship including temples, mosques and churches, 17 schools, 3 hospitals, 3 parks, 2 shopping malls and the famous Noonmati marketplace where you get all your daily needs including fresh vegetables and meat.

Noonmati has all the necessary amenities and requirements for a family to have a permanent residence. Protech Akansha, Noonmati is surely worth checking out from that perspective.

Location Advantages

Noonmati is almost in the centre of expanding Guwahati. Once a corner in the west, it is now considered a central location. The distance between Noonmati and some of the famous destinations are as follows:

Chandmari Flyover (4 km), Silpukhuri (5.03 km), Zoo Tiniali (5.07 km), Paltan Bazar (7.4 km), Ganeshguri Flyover (8.3 km), Athgaon (9.51 Km), and Bharalumukh (9.72 Km).

This project is only walking distances from important locations like, Guwahati Refinery High School, Guwahati College, GRECS Shopping Mall, Guwahati Refinery Hospital etc. In terms of amenities around Noonmati, here are some of the amenities near by:

Assam Jatiya Bidyalaya (2.5 km), Pub Guwahati High School (1.6 km), Euro Kids (less than 1 km), Vishal Mega Mart (2.7 km), Reliance Trends (3.6 km), FCI Bus stop (1 km), NextGen Guide (less than 1 km), Eastend Nursing Home (3.4 km), Noonmati vegetable market (1.1 km), Indian oil Pump (1.1 km), Noonmati police station (800 m) and SBI/Axis Bank (950 m)

Why Noonmati

Noonmati is place where you can get a touch of nature in the midst of the city. Nature and urban sophistication go hand in hand. You get the comfort of living amidst the environment while staying close to the metropolitan. The connectivity is very good and you will get ample public transport connectivity to the rest of the city.

If you want a scenic view from your window while you sip your morning coffee, Protech Akansha at Noonmati would be the ideal place for you. The views from Akansha will last a lifetime with no other project blinding your view.

Protech Akansha

Protech Akansha, Noonmati is 3 BHK residential project with views facing the hills, and lush green lawns. Akansha is situated amidst the hills at a height of 20 ft from the base. It ensures no water logging during the rainy days. Protech Akansha has all the modern day amenities within the complex. You will find all the amenities like the elevated swimming pool with deck area, a playground for children, separate area for gym and yoga, a community hall for the society to have various functions, high speed elevators, 24/7 CCTV monitoring and even a pressure machine for car wash.

Protech Group promises branded fittings for lasting durability. It provides for a comfortable stay innovations such as rainwater recharge well, segregated waste bins, heat resistant floors and extra height in the top floors.

About Protech Group

Protech Group is one of the best real estate companies in the north east. It is delivering quality and comfortable living on time for the last 14 years. Protech Harkanan at Noonmati is one of its flagship project. It stands testimonial to its flawless construction and landscaped beauty.

If you are looking for a flat in Noonmati, we are glad to announce that bookings are open for Protech Akansha. You can visit our website and leave your contact details for us to contact you.

Budget 2020 & Real Estate Sector

Budget 2020 & Real Estate Sector

Real estate being the country’s second largest employer of India, and the fact that the sector is under severe liquidity crunch, Budget 2020 was a very keenly awaited budget. Budget 2020 was also the key event for any sign of revival in the economy.

Last year, the government had taken several steps like ‘housing for all’ by 2022, tax sops, a sharp cut in GST rates for under-construction flats and a Rs 25,000 crore fund to salvage stalled residential projects. Budget 2020 is also in line with the Sabka Vikaas line that was the hallmark of the 2019 budget.

Personal Income Tax Relief

Heavy taxation faced by homeowners is a fundamental obstacle to the real estate industry slowdown. The marginal personal income tax rate in India at a 10 year high, coupled with 18% GST has caused a heavy burden on taxpayers.

In order to provide significant relief to the individual taxpayers and leave significant money in the hands of the tax payer, Budget 2020 has proposed to bring a new and simplified personal income tax regime. Income tax rates will be significantly reduced for the individual taxpayers who forgo certain deductions and exemptions. This could lead to reviving the consumption cycle in the real estate sector and kick start the economy. Further, additional savings can bring in an upsurge in individual investments in the housing sector.

Attacking the Liquidity Crunch

It is common knowledge that the real estate industry is facing a liquidity crunch. Coupled with the liquidity crisis faced by the NBFCs / HFCs in 2019, it has become a double whammy. The Budget 2020 proposal to further enhance the credit guarantee scheme for NBFCs and HFCs is expected to provide some respite to the market. The government has decided to further bolster the guarantee scheme for NBFCs and HFCs and offer subordinate debt to MSMEs. It should help bring liquidity into the real estate market alongside the abolition of DDT.

Affordable Housing

Continuing the last budget’s focus on affordable housing, the tax benefit on affordable housing loans was decided to be extended by a year up to loans sanctioned till March 2021. This will push more first-time home buyers to hurry up their decisions to purchase their dream homes. This should take care of the excess inventory in the market.

Whats more, the date of approval of tax holiday provided to developers of affordable housing would also be extended by one more year. This should encourage small and medium sized real estate developers in states like Assam to transition into affordable housing. The luxury segment in the tier 2 cities is suffering due to lack of consumer demand, and the more attractive investment for a builder would be to focus on affordable housing.

Positive on warehousing segment

The National Logistics Policy and the proposal of the viability gap fund for development of warehouses would provide impetus for increasing construction of warehouse facilities. Budget suggests the PPP model to encourage building of warehouses supply which is expected to rise from 211 million sq ft in 2019 to 379 million sq ft in 2023. Single-window clearance will expedite supply, as approval time is expected to reduce by six months.

Conclusion

Although Budget 2020 was a good budget for infrastructure, it was left much to be desired for the real estate and real estate construction segments. The crisis created due to the policy restructure of 2016 (RERA, GST and NBFC’s) has created a slump in the market. Allowing tax breaks for buying property could have gone a long way in sorting the real estate sector, causing a rise in domestic housing demand. The budget 2020 needed incentives such as completion of stuck projects and allowing the home buyers to full income tax benefit, immediate and effective disbursal of the Rs. 25000 crore stress fund of 2019 budget, removal of tax on vacant properties, increasing the bracket to claim tax benefit on home loans etc.

Top 5 factors that affect real estate price rise

Top 5 factors that affect real estate price rise

One thing surely every potential home buyer or owner thought of sooner or later is – “What are the factors that decide property costs?” People hoping to purchase a property would definitely get a fair idea from this article so they can recognize regions or ventures that require less speculation and guarantee a good return in the near future.

Now let’s have a look into the factors that can affect the real estate price.

Major factors that affect the housing market

Demand and Supply

Well, we all know how the economic forces of demand and supply determine prices – high demand with low supply indicates high prices whereas low demand with high supply indicates low prices. This implies if the availability of properties reduces the costing of the current properties raises. Combined with an increase in the number of occupants possessing a specific area, the reputation of a region as far as individuals keen to live there, additionally drives its cost.

Infrastructural development

While looking for buying a flat in Guwahati or anywhere else, a homebuyer must pay a major consideration to the infrastructure of that particular area. An area that has a sensibly great infrastructure has apparently higher chances of being picked by a purchaser. In like manner, the property cost additionally shoots up. Conveniences, for example, accessible roads, proximity to schools, hospitals and shops, markets and metro rail underway, etc. all these factors significantly tend to help increase land costs.

Fiscal growth

Demand for a property, a purchase is reliant upon income. With higher fiscal growth and rising wages, individuals will have the option to spend more on houses; this will build demand and drive costs. As a matter of fact, Demand for property purchase is frequently noted to be salary flexible; rising wages prompting a greater percentage of pay being spent on houses. Likewise, in a downturn, falling livelihoods will mean individuals can’t bear to purchase and the individuals who lose their employment may fall behind on their home loan installments and end up with their home reclaimed.

Home loan rates

Current home loan rates interestingly affect property costs through demand. At the point when interest rates for home loans are high, it decreases the demand for a property since it profits over the high loan rate and which means loan borrowers will feel doubtful about spending extra money. Likewise, when loan interest rates are low, purchasers help the demand for property sales. Demand at that point abides on the figure that property flat that sellers quote.

Customization

The real estate price gets higher in the case of developers undertaking customization of residential flats based on the homebuyer’s prerequisites. For instance, a few buyers may wish to have big porches or verandahs attached to their hall or bedrooms, modular kitchens, heat resistant floors, or other buyer’s distinct alterations.

This prompts a price appreciation in a final value charged to the flat buyer. Before settling on their property buy choices, every buyer should do an examination of these drivers to get a reasonable evaluation of the house that interests them.

In this way, there are numerous factors that impact real estate price rise and all these should be paid attention to while putting resources into buying a flat. Cautious examination and research can prompt better returns, painless liquidity, and profitable investment. You can also contact us at 984047000 to know about our upcoming project Akansha flat prices.