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Latest Trends in Flooring Your Villa

Ranging from mere dirt to resilient vinyl material the history of flooring is quite interesting. For ancient homes in India, floors were meant to be a surface to move on. But in modern villa concepts flooring is one of the kingpins and defining factor of interior designing. It became a creative process that benefits the aesthetical finishing of your home.   Flooring trends don’t change in fast phase. But modern and luxurious villas are experimenting with catchy floors that can hook your eyes into the ground. In this article, we share some latest trend in flooring

villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

  • Hardwood flooring
villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

This type of flooring excelled in every epoch. Hardwood flooring is becoming popular among folks because of its active and smooth look. It can be easily cleaned and comes in cheesy colours also. And it is indeed suitable for your adorable babies and pets. Most favourite of such kind is natural looking woody floor material. This Variety can hide marks and dirt quite amazingly. Unique proportions of floor planks are its best character. If it is big, you can finish planting the planks by a fewer item. This gives spacey look for rooms and the breaking joint lines are reduced by this. Colours that best suit your furnishing can achieve by hardwood flooring. For better quality the price increases adequately.

villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

  • Laminating
villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

This type of flooring is adapted by villa owners widely because it is both adorable and economical. Its cost is determined by the thickness of the planks used. The burden of the budget reduces with the thickness of the plank. Laminating was once very easy choice for house owners. But when wood and vinyl flooring appeared in the market, lamination lost its popularity. But lamination is back again. Modern markets added more colures and textures in lamination planks. It can provide a neat and hard surface. The extent it can replace other flooring techniques is limitless. Since the production technologies are upgraded, drop in lamination is expected to decrease. Quality for quantity makes it an evergreen trend in the market. Tiles representing your attitude are available in the market. Shining or shaggy every piece justifies the price invested. Original wooden or ground resembling laminators are the most sought out now. Complex and unique designs are quested by most of the trend lovers.

  • Vinyl flooring
villas in calicut, builders in calicut, luxury homes in calicut. villa projects in calicut

villas in Calicut, builders in Calicut, luxury homes in Calicut. villa projects in Calicut

Easy to install and amazingly durable, that is the simplest appreciation of resilient vinyl flooring. No one can soak it in water since it is waterproof. Your child can’t make marks on it since it is tough. It is becoming a sound alternative to stone and ceramic tile. It comes with contemporary designs and patterns. Sheet, tiles, and planks are the basic types of vinyl flooring. Sheet vinyl is an easy to install rolls of material. Sheet or tile vinyl materials can be acquired at an affordable rate. If you don’t mind spending money, then luxury vinyl tiles are available that can mesmerize your guest.

  • Carpet

Carpets in the floors have a long story to tell. In ancient sultanate regime in India carpets played the role of a royal decorative item. The glorious artwork on it tells the story of prosperity and creativity. But regimes collapsed and so does the carpet. But carpets survived when modern homes started experimenting. The warm smell and soft touch tinkling your toes make carpets unique. In past carpets were prone to usage defects. But technology advancement made it more durable. Neutral tone patterns are a general choice. Instead, numerous patterns and colour variations are available that can warm your heart. That rag smell of carpet became old stories now. Aromatic and dust free carpets are ruling the market today. Wool and polyester carpets are being replaced by nylon materials. Natural sisal carpets, pattern carpets etcetera are the perfect option for your villa. This can absorb excessive sound and annoying dirt. And of course, you can change the carpet theme according to your present mood. No other flooring material offers that possibility.

Luxury homes in Calicut

Find out how to Accessorise your Living room

Find out how to accessorise your living room, with suggestions on house plants, wall arts and some decorative tricks.

Luxury homes in calicut

Luxury homes in Calicut

 

once you have made all the major decisions for the living room, such as the wall colour, flooring choice and selection of statement furnishings, don’t think that the project you have been working for months has finally come to a satisfying end. Because accessorising the room doesn’t have to be yet another thing on your do list. With such a huge choice of accessories ranging from quirky to chic, picking out the perfect ones for your living room can be a lot of fun! Here we provide some awesome tips for making your living room charming and more beautiful. Consider the following suggestions next time you decorate your living room.

luxury homes in calicut

luxury homes in Calicut

  • Bring the outdoors in.

Extending home comforts to your outdoor space and bringing the beauty of nature into your home are popular decoration trends. The easiest way to bring the outdoors into your home is through houseplants. Choices for the houseplants range from colourful Anthurium to exotic bamboo.

luxury homes in calicut

luxury homes in Calicut

Another method is to bring more natural light in. This can be done by strategically placing glass accessories around the room. Not only for windows but add glass touch also for the roof, and you get trendy roof lights. And for the plants use chic black framed oval mirror vases. This, not only bounces light across the room but also creates an illusion of space, making the room feel airier.

 

  • Decorate the walls
luxury homes in calicut

luxury homes in calicut

If you are looking to liven up the living area wall art is the way to do it. You can add simple but stylish design flair enrich in personality through a wall art. Starting from striking black and white prints to resplendent flower. Animal prints bursting with brilliant colours to abstract themes. And to what not, the sky is the limit for arts. Alternatively, invest for a memo board and decorate with ornaments and pictures as well as useful reminders.

Luxury homes in calicut

Luxury homes in Calicut

  • Photo frames

 

Displaying family photographs in beautiful frames is a great way to personalise the living room as the heart of the home. Opt for walnut frames to add more warmth, black frames for more edgy and contemporary feel or cream and silver photo frames for a neutral look to suit any space. Photo frames are not confined to the walls, they also look great on mantelpieces, sideboards and bookcases. Often it is the smallest things that make the biggest difference to the look and frame of room, giving the space a character and personality.

luxury homes in calicut

luxury homes in calicut

After all, a living room in a home is very important as it is the gathering space of family members and guests. So remember to keep it furnished, decorated, and accessorised. Because this has much to do with your dear ones smile. Keep the suggestions in mind and let the living space talk with stylish accessories from antique mantel clocks to distinctive twisted door handles. And turn your home into a functional and fashionable abode.

Luxury homes in Calicut

Luxury homes in Calicut

 

luxury homes in calicut

TIPS TO DECORATE YOUR HOME IN THIS EASTER

 

Easter is the merrymaking of a holy rebirth. In this jolly day decorate your villa to commemorate the sacrifice and love. Here we share some simple ideas to adore your villa in this Easter.

luxury homes in calicut

luxury homes in calicut

EASTER IS HERE!!! THE BLESSED CELEBRATION OF RESURRECTION OF JESUS CHRIST. Celebrating this festive season in your villa with family and friends is indeed a felicity. Let this be the best opportunity to revive your villa as well. Since your guests are waiting for an appropriate day like Easter to visit your villa, decoration becomes the most part. Easter decorations are always close to nature. The stuff used as décor needs to be simple and jubilant. Let’s have a look;

luxury homes in calicut

luxury homes in calicut

  • Décor Close to nature

Select decorative that is costless natural materials. Like using green grass with little fresh flowers instead of plastic. Fruit and Vegetable carvings are tremendous options for beautifying the Easter day. Paper crafts and cotton threads can do magic when combined with vivid imagination.

luxury homes in calicut

luxury homes in calicut

  • Dining

The axis of ester décor is your dining table. Place a spacey table in your living room. Because food and related decorations are important in Easter. Mix seasonal blooms and exclusive dishes together. Ester decoration demands thinking out of the box. Find crazy matches to garnish and adorn. Chinese clay plates and pots can enhance the true beauty of your dining. Tie crockery with decoration and colour. Try to make an abundant effect on the table. It must tell the story of prosperity.

luxury homes in calicut

luxury homes in calicut

  • Cards everywhere

People still love to have a card that whispers about love and wishes. Adorn every corner of your villa with cards that welcome guest at a glance. Religious or not, try to make it with your own hand. Your efforts can make it more valuable. Hang some cards on the front door or in any other favourite position of yours.

luxury homes in calicut

luxury homes in calicut

  • Brighten up
    Spread the light
    Fill your villa with warm lights. These lights act as a makeup for your decor. You can improvise your electrical bulbs to bulb bunnies. Easter calls for creativity. When you can combine art with a light it will be a delight. LED and candles create a wonderful atmosphere. And It’s economical. So try that also.
luxury homes in calicut

luxury homes in calicut

  • Easter eggs

In any religion, eggs represent fertility, birth etc. Easter eggs, sometimes depict the sealed tomb of Christ. You can make it with edible items like chocolate or simply painting a boiled egg. It is a custom to place coloured eggs in the villa. But rather than traditional practice Easter eggs embellish every other decorative.

 

  • Walls

Fill your wall with style and joy. These are the place to express your unique emotions. You can place wood bunnies, leafy wreaths, or any funny stuff you can make. Some people love to place pictures of family and other Easter wall hanging on the wall. There are many kinds available on the market. Banners and stuff with scrapbooking paper give other options for more creativity. Find your own ideas that outcast the common practices.

Prisunic Builder wishes you and your family the happiest Easter of all.

Villa Projects In Calicut, Villas in Calicut, Luxury Villas in Calicut

5 ways to enjoy your holidays at home.

As a most trusted leading builder in Kerala, Prisunic builders offers best luxury homes in Calicut.

Holidays are the time for leisure and fun. Drooling in front of the television, taking a nap, or lying on the couch staring at the ceiling could be your usual thoughts of amusement. But, does it always have to be just that? Wouldn’t it be great if you could incorporate some glorious stuff that would enrich your inner self, as well? Read on. Here are some ideas that you could use. Don’t worry, you don’t have to go out at all from your luxury home.

luxury homes in calicut

Here are five awesome ways you can spend your holidays indoors at your home.

1.Lift a few weights :

As we all know, working out is important, for a healthy body and a healthy mind. And no, you don’t always have to go to the gym to do that, unless you are planning to become Dwayne ‘The Rock’ Johnson. Doing a little cardio and strength building workouts, like power lifting will help you to get fit and hey, you don’t have to spend a single rupee at that expensive gym that you hate going to.

2.Grab a good book:

luxury homes in calicut

 Yes. The undying art of reading. “A book is a dream that you hold in your hand,” said Neil Gaiman. Reading is the most exciting thing to do if you plan to stay at home. Books are these magical things that carry you mysterious and marvelous lands. Or if you aren’t already a good reader, now is the time to start. You are not only getting a chance to explore new worlds but also the chance to gain some knowledge and polish your vocabulary. So grab a book and be lost in a reverie at your luxury home.

luxury homes in calicut

3. Do a little networking:

They say it is not good to bring your work home. But in the age of constant connectedness, it is not a sin to do that. It is okay to make effective use of your devices to connect with your peers and co-workers outside the office. So, after you are done with a bit of reading and working out, you could do just that. Strengthen your connections at the workplace. Maybe, increase the chances of that promotion you wanted so much, right?Invite them abode.

4. Clean up:

Yeah, I know. Its boring. But hear me out. Organising your luxury home helps in organising the mind too. Do you know that it relieves tension and boosts our confidence about ourselves? ‘An idle mind is the devil’s workshop’, so goes the saying. Instead of sitting idly and calling that relaxation, you should be giving yourself a makeover. Trust me, it gives astounding results. You will be glad that you did it. Chores like ironing your clothes, organising your home office and cooking for yourself gives you a feeling that you are in the right path, unlike that depressing feeling that you get when you are in the middle of a mess. I am not saying that you must be remodeling your  home. Starting from the smaller things is just enough.

luxury homes in calicut

5. Kiss Mom and Dad:

This has been repeated over and over and you are tired of hearing it. But guess what? This is the most important thing of all. Spending time with your loved ones. If you are a person who can’t stand having a nice casual chat with mom, you are making her feel alone and you, yourself aren’t in much of a good mood either. Talk to them. Share your worries and insecurities that even you are afraid to confront. They are your home and home should be the place that makes you the most happy. Sit with them and enjoy a nice little evening movie marathon. If you are up for spending time with your family once in a while, you will be pleased to find how enjoyable and worthwhile the experience had been for you.

So, that about it. Happy Holidays!

Builders in Calicut, Top builder in Calicut, List of builders in Calicut

5 reasons why living in an Apartment or flat is awesome!!!

Prisunic Builders, one of the top builders in Calicut, provides the best range of budget flats and Apartments in Calicut which will satisfy your dream. Make your choice and grab the finest Apartment in Calicut you deserve.!!!

Choosing a budget flat or Apartment in Calicut as an abode is a beautiful and productive choice. Since most of the Apartments in Calicut are situated within city limits and are rich with amenities, you will never regret on such choices. Below are some top reasons why living in an Apartment in Calicut is awesome. Let’s checkout.

  1. Economical

It may be a little offensive for home admires. But the fact is that renting an Apartment or flat is relatively pocket-friendly than catching up with house chores. Builder values your money and in business money implies quality. You have the valuable privilege to select the flat or Apartment of your choice. When building a house of your own, there are many concerns you need to address. Those include finding the location and proceeding the herculean task of building the house from ground to reality. But renting an Apartment or flat provides presets of homes which are tagged under a particular tagline. By easily comparing the price, you can determine your business.

  1. Maintenance free

Maintenance of own property is always costly and time consuming where both time and money determines our life harmony. So by choosing flat or Apartment in Calicut, you are crossing over the hurdle of maintenance. Most builders are bound to handle the maintenance work of their building. It covers plumbing-electrical works, painting and every other fixing.

Apartments in Calicut

Apartments in Calicut, budget flats in Calicut

Apartments in Calicut, budget flats in Calicut

Apartments in Calicut, budget flats in Calicut

  1. Safety assured

When you become the resident of a particular Apartment you are becoming a part of their security system. An ideal builder ensures its customer safety. Surveillance camera and security personnel are common characteristics of such establishments. Some Flats are even ready to look after your young child in your absence. So opt Apartments/ Flats for more organized safety measures.

  1. Amenities you dreamed

Apartment life is considerably less expensive but at the same time richer in amenities. Builder consolidates the gain into a customer based infrastructure development. So you will get trendy rooms and space within the budget limit. Compare quality and quantity of amenities listed by the builder and sort out the best.

  1. Exclusive lifestyle- Unique service

Living in an Apartment or Flats means entering into a new lifestyle. You will be more organized and the location advantage reduces the time wasting. There are extras you will get in an apartment like Swimming pools, gardens and what’s more. Recreational area and well developed outdoor spaces and library redefine your way of living.

Unique services like payments of bills and other customer appreciation programs make Apartment/ Flat living inimitable.

 

 

 

Villa Projects In Calicut, Villas in Calicut, Luxury Villas in Calicut

Why do you need to buy a home of your own?

 

“The best and most beautiful things in the world cannot be seen or even touched. They must be felt with the heart”- these are fabulous words of the famous American author, Hellen Keller. Even though a deaf-blind person, her words are quite inspirational and depth, aren’t they? We agree with those emotions which only heart can savour other than the physical methods or customs. This is true about something we own, like a space in this world where all of us feel comfortable, relaxed and certainly jubilant. And that is called home. Home is the concrete symbol of emotions which is crafted on our dreams and hope.

So why do you need to buy a home of your own? This question is baloney for those who own or owned a home once. Because they know what home is.  Read the following.

Builders in Calicut

Builders in Calicut

Pride of Ownership

Every Home is a status quo symbol in the current social scenario. Whether it is small or big owning a home means you are capable of achieving goals and dreams. That is the best honour you can have. It is your property and you are literally the king of that establishment. And we Indians names our homes rather than labelling it with building numbers, a true expression of our better emotions. Whether you name it or not every home represents its owner’s reputation even in his physical absence.

Builders in Calicut

Builders in Calicut

Customizable interior and exterior

Your own home means you can customize every nook and corner of it. No restriction on your creativity and plan about the modifications you are planning to do in it. You can choose the interior furnishing, the colour of wall paint, size and number of rooms and like. You yourself determine the carpet area of the home according to the needs and budget limit. Like the director compose his music you compose ad convert your ideas into a home.

Villament

High-value investment

A home we own can be used as an investment for future. Know that the demand for a home will never fade in any circumstance. Even gold may lose it’s priority as a yielding deposit tomorrow. But the quest for home is a permanent phenomenon among human desires, so its resale value never goes down. When the situation asks you for a shift to another place or catching another high you can sell your property in the best deal.

Builders in Calicut

Builders in Calicut

Home as a security for loans

Loan gives the money back up for every plan. Whether it is business or education loan provides required money under certain conditions. To get a loan you may need to submit any property or person as the pledge. The home is the best of such security options. You can have loan according to the face value of your home.

Builders in Calicut

Builders in Calicut

No rent payment on your home- but you can rent your home

When you opt for a flat or apartment the main problem you have to face is about rent payments. Nowadays within city limits, the average rent amount is a little trouble for common folks. The monthly based payment is prone to miss every time between the life races. Also, it can cause considerable fluctuations in your budget lines if not well considered. Home is free from such concerns. You have to pay an initial cost of owning a home and that’s all. If well maintained you can reduce future expenditure on restoration. The best possibilities of home are that you can rent your home if other residing options are available for you. Giving a home for rent is possible when you have a big house also. There you and your renter can have a mutual share of the space available in the home. So home becomes a good source of money.

Builders in Calicut

Builders in Calicut

Privacy and Freedom

Home indeed offers enormous freedom and privacy than Flats and Apartments. We have complete control over the ‘rules’ of an own property. When comparing to the degree of freedom you got in flat with home, you will admire home environment for sure. You can party and celebrate with any guest you invite without the fear of legal and moral constraints which flats and apartment usually possess.  Play music or draw pictures on the wall if your mood calls for it. And in the case of privacy, there is nothing comparable to a home surrounding. You are not supposed to have any threat from intrusions and noise. Set your gardens and make your playground, everything is up to you. It’s totally your own business.

Builders in Calicut

Builders in Calicut

So when you are financially stable and emotionally ready for owning a home then get it soon. Family life is better in a home and the feeling of nostalgia it fosters is invaluable. Like often said; “Home is where your story begins”. So are you ready to begin your story?

Villa Projects In Calicut, Villas in Calicut, Luxury Villas in Calicut

Best tips to buy luxury Villas/ Apartments in Calicut

 

Are you looking for a luxury villa or Apartment in Calicut? Then we have some tips and guidelines for you before you proceed you’re pursuing a dream home. Villa is regarded as the unique symbol of prosperity. By owning a villa you own precious private space with exclusive amenities. Where the apartment is a quiet economical choice with assured safety and uncompromised and incomparable services.

Apartments in Calicut

Apartments in Calicut

You can consider the choice between villa and Apartment as two extreme points of selection as per requirement. That is if you want more niceties and modern features then Villa is the perfect option. Likely apartment is more social with storeyed units consisting fabulous neighbours and service.  Below you can see some ideas which can be used as an effective tool for finding your dream.

Apartments in Calicut

Apartments in Calicut

  • Location

To find a satisfying Villa or Apartment the best idea you must conserve is the location of your home.  Never compromise on location since it has a big deal in future contentment.  Appropriate selection of location implies a place at the heart of the city, which enhances easy access to specific points of interest such as the hospital, school, shopping complex, main transporting routes and so on. A builder usually plans their projects in such locations by analyzing the demand. So you may have many beautiful location wish lists. Avoid isolated areas and also say no to overcrowded areas. Because you can’t always own peace of mind by spending money. It comes by your selection.

  • Price

Each penny you spend has a story behind it. So make it worth. So when you search for the desired home compare the available projects based on the price. You may find more reliable and be relaxing abide for the same amount of money which otherwise might cause a loss in an exaggerated builder made offer. Majority of builders give an estimate which consists the price chart by which you can calculate and compare the better options. You can mail the builder asking about project cost or you can directly contact the purchaser or client

Luxury Villas in Calicut, Apartments in Calicut

Apartments in Calicut

  • Legal sides

Whether you opt for the luxury villa or affordable apartment both must be a legal transaction. You need to verify the reliability of the builder, check the plan of the project and its infrastructure, evaluation of specified carpet are and site, registration of your plot etc. there may be many ill ways to violate legal restrictions and proceedings but eventually, such malpractices will cause inevitable harm to your smooth life. The hands of law will never leave you. So ensuring the legality of every dealing on your Villa or Apartment is essential and is recommended for a long and stable relationship with your builder.

Apartments in Calicut

Apartments in Calicut

  • Quality and quantity of service

Hope you found a villa or Apartment in a beautiful location, with affordable price with complete legal assurance but… even then there might be some confusion about the final selection. Because many builders in Calicut concentrate on these things to maintain future conflicts about demand and customer needs. Then how could you choose your home from the wide range of availabilities which is approximately equal in price and mentally satisfying? Here you need to do a research on the quality and quantity of services offered by each builder. Beyond the usual and basic infrastructures and customer services, some builders offer extra features. Like some builders will provide you free maintenance or some will provide the option to pay your electricity and cable bills. These may feel like small concerns but together this ‘bonus’ will benefit from your daily lifestyle.

Apartments in Calicut

Apartments in Calicut

  • Amenities offered

Each Villa and Apartment are considered exclusive only when the amenities included in each package is astonishing and aesthetically demanding. Every luxurious Villa and Apartment consist bedrooms and Kitchens but think about a builder who makes such customary rooms ‘smart’ ones. Further the four boundaries of walls creative builders utilize the rooftops and grounds to customer benefit. Without much extra expenditure, you can own your coveted Villa and Apartment. To make out that you need to select your builder wisely. To get an idea of your builders working history and project success rate simply visit their official website and look for upcoming and completed dealings. The website will certainly communicate with you about the extra amenities and offers they have. So you can simply compare the content of the website and finalize your builder without much stress. Before entering the final deal it is recommended to meet your builder face to face to ensure the legitimacy of the service and business.

Keep these points in mind before you wander into a dream Villa or Apartment. Make certain about above-mentioned ideas are better expressed in your home for a jubilant family life in the vibrant Calicut city.

Mixing Home and Hospitality – Higher rental income from Value Added Services

Service apartments have become an alternative stay option, especially for business travellers. The global developments in business had contributed to the upsurge of business travel. Business people in India travel frequently to other business hubs and spend some time there. Such long periods stay at hotels can be expensive and this paved way for the new idea of serviced apartments.

Serviced apartments give furnished accommodation with a kitchen and rooms. Unlike hotel rooms, they are more spacious and convenient. Corporate sector opt for serviced apartments than any. Apart from mainstream builders, small-to-mid size builders also see serviced apartments as an investment opportunity, expecting a return within the range of 9-14% per annum. As per present trends, investment in residential opportunity promises more capital value than rental income. Annual yield via rental income from a residential property is generally 3-4% a year while capital appreciation is 10-15%.

The sector of serviced apartments will gain more value-added services when the professional property management start offering services. It is expected that the demand for serviced apartments will increase with the development of Indian economy. When the demand rise, more developers in India will start offering serviced apartments either directly or in collaboration with hospitality firms. If you are a businessman and planning to invest in real estate, it would be good to diversify your area of business into services apartments. Serviced apartment offers higher annuity income than residential apartments.

 

Blog - september 1st week

How to prepare your home for Onam?

Onam, the festival of flowers and tradition is one of the most favourites of the Keralites. Unlike other cultural festivals, Onam is a ten-day-long celebration which was evolved from very old Hindu beliefs. Though it is usually considered as a religious festival, people from different communities despite of religion unanimously celebrate Onam. The ten-day-long festival certainly needs some serious preparations to be done at home. Here are some tips to prepare your home for this Onam. From the very first day, called ‘Atham’ to the final day ‘Thiruvonam’ festivities and flowers make the home joyous along with the gathering of near and dear ones. The first and foremost thing is to keep the surroundings clean. Now, prepare yourself for the other arrangements:

  • Pookkalam/ flower carpet: Flower carpet is one of the inevitable elements of Onam celebration. Clean and prepare your courtyard to arrange the flower carpet. Pookkalam is put everyday starting from ‘Atham’ to the ‘Thiruvonam’ day.
  • Oonjal/ swing: After pookkalam, it comes swing or oonjal. Make room and sling a swing at your home. Decorate the rope with flowers to make it more attractive.
  • Arrange your perfect kitchen: To prepare the long-listed Onam Sadhya (feast), your kitchen needs to be used throughout the day. Clean and arrange everything beforehand for your convenience.
  • Clean the premises for games: While cleaning the premises of your house, make some space for Onam games. There are quite a good number of Onam games like uriyadi, tug of war, onathallu etc. are played during the celebration.

Enjoy the festival at your home, prepare to welcome the best festivities. If you are still planning for your dream home, make it come true this time with Prisunic builders.Onam Blog

Future of the builders’ environment… Are the investors safe?

Looking towards investing in real estate in India? It’s the time to check out the future of the builders’ environment & the question that comes to the mind is, are the investors safe?

For investors in India, buying real estate is considered a safe bet even though the market might show turbulence. Real estate too has gone through its highs and lows like every other market. The real estate market went on to an all time high between 1988 and 1994, and most property prices went up by over 10 times during this period. But by 2002, it waned & many properties were being put on the market at half the peak price they achieved in 1994. Nowadays a similar trend is doing the rounds. Investors minted money in residential real estate during the boom that occurred between 2002 and 2013, with prices going up by 6-10 times in several pockets. However, experts caution against expecting similar returns in the future as all speculative markets move in cycles, and the real estate market in no exception.

The boom in the residential real estate market is over & is currently in a correction phase, which began three years ago, and according to experts, will last for a few more quarters. There has been a marked decline in the number of people buying residential properties. It may be due to the fact that property prices remain high compared to the average income of individuals. What buyers are waiting for is reasonable and affordable prices…

But there is still hope…

Affordability is affected by interest rates and increase in income & the concept of affordability varies by city.  Real estate prices vary significantly across cities. Housing loan interests have reduced significantly and this increases affordability.

Rental yield is a vital factor that determines the level of demand, for both end users and investors. The end user demand will go up if the rental yields are high.  If the rent is higher than the EMI to be paid for purchasing a property in a given area, people are more likely to choose buying their own home over living in a rented property.

Present scenario

Due to the dip in the demand for property, investors and builders, who developed and hoarded residential properties expecting prices to rise, have found themselves unable to sell off their inventory. If the current rate of sale persists, it will take more than three years to exhaust the existing inventory.

One thing to rise steadily over the past few years is the cost of construction! The compliance cost is also expected to go up with the introduction of Real Estate Regulator. However, because the large inventories they hold have cut down their pricing power, builders may not increase the prices of units. Instead developers will try to restore the sales volume first. High cost during muted demand is putting pressure on developers to scale down their prices, and many builders are now reducing their launch prices by 20-25 per cent.

How to proceed in the current market conditions?

For buyers this might be the perfect time for buyers to cash in on good deals for their dream home! Since builders are offering great flexibility in pricing and payment plans now, this is a good time to buy. Experts recommend opting for under-construction flats over ready procession ones, as the discounts on the former have gone up significantly.

Over the long run these investments are sure to pay off so considering the future of the builders’ environment… it is better to make your investment in real estate now!