Is Your New Home Pet-Friendly?

Got a 3BHK to suit all your needs? What about your furry, feathered, and finned members of the family? They need your time, attention and a comfortable stay too. Most pet owners do not keep their pet’s necessities in mind while buying a new property. Just like your little one needs their playtime, your pet needs space to move around easily and safely in the house.

Keep reading to learn what you should be looking for, and how a little planning can go a long way to help you restructure your daily routine to keep your pet safe and joyful.

 

Prepare Your Home For The Pet


Look out for choking, strangulation, electrocution, and suffocation hazards. Cut through any loops, and unplug or cover wires and electrical cords.

Be cautious with human foods and medications and store them where pets can access them.

Keep away “ladders” from their reach to limit their access to elevated areas like countertops and tabletops.

Make sure to dispose trash daily to keep pets from rummaging through it. Use stainless steel and rubber trash cans and sprinkle baking soda to keep away odors.

Some indoor plants can cause health hazards in pets. For example, lilies and other common, but toxic, plants like amaryllis, poinsettia, mums, and aloe-vera are harmful to many pets. Make sure you understand the implications of your chosen plant on your pet before bringing it in.

Latch out cleaning items to keep them away from your pet and prevent them from swallowing chemicals.

Always keep toilet lid down to eliminate risks or poisoning and drowning.

The term High-Rise Syndrome has been coined from all cats that die due to jumping out of windows. Make sure you have nets to cover open windows to avoid any accidents of such kind.

Create a danger-free zone with their favourite toys to help them spend their playtime and ensure you have enough space in your home by keeping minimal furniture at least in one of the rooms.

Always remember, well-exercised pets are less likely to get into trouble, and more likely to rest well at night instead of barking or whining for attention. Try to get a trainer for your dog to keep him fit and in good shape.

 

Things to Consider Before Getting A Pet

If you are a pet-owner already, the first important thing to make sure before moving into a new property is to confirm if the society allows members to keep pets. It is also advisable to check if the society is able to ensure the pet’s well-being at all times.

What are your rights as a pet owner?


  It is not legal to not allow pets in a housing society and is considered to be a direct violation of the Constitution of India. Under Section 51(A) it is the duty of every citizen to respect and have compassion for all life forms in India.

  Members of the society should always be kind to your pet and the members should abide by the law, in-sync with Section 11(3) of The Prevention of Cruelty to Animals Act, 1960.

  If your neighbour is complaining about your pet’s bark or whine, you are not to apologise as it is a natural form of expression and it has to be tolerated in a society.

What are your responsibilities as a pet owner?


However, it is equally important for the pet-owners to be responsible for their pet and train them accordingly so that it is not causing trouble for other residents.

  Designate a time for pet walk and make sure they do not defaecate in the open.

  Always keep your pets vaccinated.

  Clean spots that are messed up by your pet to avoid others from stepping on them.

  Keep your pet away from those who do not prefer them to avoid any unnecessary arguments and incidents.

 

Keep an eye on our page for more insights and new properties in Kolkata.

Are You Planning On A New House After Marriage?

Starting a new life together requires making a number of thoughtful decisions both financial and logistical. It important to ensure that investing on a new home makes sure your long-term finances are not affected. While you decide to buy new property, we advise you to keep in mind certain essential that must be taken into consideration before you have made your call.

 

What are the necessary considerations for newlyweds planning on buying their first house? How these elements can affect long-term financial stability as a family?

 

Planning in advance


While planning your first home, you should pay the equal amount of attention to details as you did while planning your wedding. It includes how you want it to look, where you want to reside in future and what kind of neighborhood you are looking for. It is necessary to take your partner’s opinion into consideration to ensure making a common call before you invest.

Keep your priorities set


Modern couples get married only when they are financially stable and capable of taking responsibilities. Some of them already have a property before getting married. In such cases, one should be clear about each other’s priorities. If a large amount of EMI keeps you from enjoying your passion for travelling or family needs, it may not be a wise decision to invest on a new property at all. It is advisable to choose a home based on your lifestyle and needs instead of trying to fit into a new one. You should also keep in mind the uncertainties that may affect your present plans and relook into your investments to avoid disruptions in future.

Plan for the future-not present


Another aspect to consider before investing is whether the property will be appropriate for needs that may arise in future too. As newlyweds one may feel a 2BHK is enough for both of them. However, future decisions of planning a family are a big element many do not consider at all. One mus prepare according to one’s future plans pf having a family and investing on a spacious property instead of settling for one that only fits their budget.

Look past the initial value


Investments may give you good returns in future if bought right. You may be ready to buy another property in future which might be a bigger one or closer to the city and other amenities. It is important to buy your first property such that it can be used as a rental in future and be a revenue generating investment. Consider the long-term value instead of rushing into buying a property by looking past the initial value of it. If you feel the dearth of insight, you may curb it completely.

Plan together for budget


Another very crucial decision is to discuss the budget with your partner before investing on any property. You should also decide about the EMI payments and if that seems to be too high to manage daily finances. Work out a way to divide the EMI payments so that there is a balance between what you want and what you can afford.

Break the rose colored glasses


As a newly married couple, it is quite normal to plan your first home emotionally. However, this is one decision you will regret later. The factors that decide a good investment are location, commute, security, long-term aptness, health facilities and also the cost of renovations. The first home may not be the one you will be staying at forever, but it is important to be suitable for your needs to be living a happy life.

What is e-Sampada?

GPRA and e-Awas


General Pool Residential Accommodation [GPRA] means Central Government residential accommodations under the administrative control of the Directorate of Estates (DoE) for which the entire area of NCT of Delhi and particular cities or areas declared by the regional offices of the Directorate of Estates or CPWD is considered for allotment.

e-Awas, on the other hand, is an electronic governance tool used by the Government to have a clear, unbiased, easy, corruption free, and paperless allotment process of the houses to Employees.

All About e-Sampada


e-Sampada was launched by the Housing and Urban Affairs Minister Hardeep Singh on Christmas 2020. It is a new portal and mobile app which provides a single platform for all services that concerns allotment of government residential accommodations, office spaces and booking of holiday homes across 28 cities. This online facility allows users to submit documents, appear for virtual hearing and lodge complaints to all Indian residents. The portal allows transparent and accountable allocation, retention, regularisation and no dues certificates as enhancement to e-governance.

Mr Puri mentions how “real time information on utilisation of assets and delivery of service will facilitate optimum utilisation of resources. The automated processes will minimize human intervention and will lead to greater transparency.” [source]

 

GPRA Eligibility Criterion


• If you are a government employee in Delhi, your location must be approved by the Cabinet Committee on Accommodation (CCA) and should be located within the boundary of NCT.

• If you are a government employee outside Delhi, your application requires approval by CCA which shall be forwarded to the Directorate post approval of joint secretary that carries all information regarding status of office and eligibility from another pool.

• For employees in government offices already having a departmental residential accommodation pool, are also eligible to apply for the general pool after they have submitted a certificate that states ‘no junior to the applicant has been given in turn allotment’ from the department pool, failing which their application will get rejected.

 

Application for GPRA using e-Sampada


All government employees need to apply for allotment of houses online only. Follow the procedure step-by-step, to apply for government accommodation:

Step 1: Go to e-Sampada portal

Step 2: Click on ‘Government Residential Accommodation’.

Step 3: Login through your registered mobile number or official E-mail ID.

Step 4: Fill the DE-II form

Step 5: Follow the procedure as mentioned in the form going forward

 

Application for GPRA using e-Awas


Application through e-Awas can be made only after receiving a regular appointment or joining on transfer at the place of posting in the ministries, departments or offices of the government and other organisations, declared eligible for GPRA.

For the cities where the ‘Automated System of Allotment’ is available on the website of the Directorate of Estates, all applications get redirected through it using the DE-2 Form.

The applications received up to the last day of the month are counted in the waiting list of the following month. Also, the Aadhaar number is compulsory, for applying for GPRA.

Step 1: Visit the GPRA portal

Step 2: Click on the region where for accommodation is required

Step 3: Create your login ID through e-Awas by filling up a form.

Step 4: Use this login ID and password to fill the DE-2 Form.

Step 5: Take a print of this form and get it forwarded by the applicant’s office to the DoE

Step 6: The applicant’s account gets activated once the DE-2 Form is submitted in order to be included in the waiting list, for submitting the preferences of houses in e-Awas and to make required changes in the preferences, as and when required.

Allotment letter and authority slip


One needs to fill up the ‘Acceptance Form’ available on e-Awas and e-Sampada for issuing allotment letter online. Post verification of the Acceptance Form and acceptance by the office, an authority slip and a licence fee bill will be generated online to be sent to the allottee. A revised licence fee bill will be sent online to the allottee on receiving physical occupation report of the allotted accommodation.

List of cities with General Pool Residential Accommodation


North

East

South

West

Central

North-east

Delhi

Kolkata

Chennai

Nagpur

Agra

Agartala

Shimla

Patna

Bangalore

Mumbai

Prayagraj

Gangtok

Chandigarh

 

Calicut

Pune

Bareilly

Guwahati

Ghaziabad

 

Cochin

Goa

Bhopal

Imphal

Faridabad

 

Hyderabad

Rajkot

Indore

Kohima

Dehradun

 

Secunderabad

Bikaner

Kanpur

Shillong

Srinagar

 

Mysore

Jodhpur

Lucknow

Silchar

  

Port Blair

Jaipur

Varanasi

Siliguri

  

Trivandrum

   
  

Vijayawada

   

Budget 2021: The Real Estate Expectation

Real estate seconds agriculture in the nation’s GDP with a contribution of 8% which is predicted to be growing to 13% by 2025 with commercial realty aggressively boosting the economy in the future years. Considering these facts, the Budget 2021 witnesses a major investment push in the real estate sector by our Finance Minister Nirmala Sitharaman. A large part of the real estate consisting of office spaces has shown consistent growth of 27% each year followed by retail and warehousing.

Let us have a look into what might be a benefit and what could have been included to boost real estate through the Budget 2021.

 

Announcements to Boost the Realty Sector We Applaud


Tax benefits for affordable housing and private investment formats such as Real Estate Investment Trusts and Infrastructure Investment Trusts (REITs and InvITs) have been some major reasons for the realty sector to witness such growth despite the pandemic in 2020. The tax exemption benefit and interest deduction on loans has been proposed to be extended by another year until March 2022.

Tax exemption for Affordable Rental Housing Projects to make rental homes more reachable to aid migrant workers is a genuinely commendable move which shall make renting homes easier for them.

The Finance Minister Nirmala Sitharaman has incentivised the REITs and InvITs with the exemptions on TDS (tax deducted at source) that counts for a step taken with greater foresight. She has also given projection for permission of foreign portfolio investors for the public in order to increase participation and cash-flow into the real estate and infrastructure sector.

Indirect measures to assist the realty sector to boost capital appreciation of local properties is also being proposed by the FM which includes adding funds to infrastructure development.

 

Measures We Anticipated for Inclusion


2020 has been a disappointing year for the economy globally and while the financial markets where drowned, real estate has been the only one to gain momentum by the third quarter. Despite such performances, real estate has still not been given industry status even now when liquidity can be immensely helpful in recovering from the pandemic-related impediments. Doing this would be beneficial to the NBFCs, HFCs and banks to regain NPAs resulting in the overall profit of the entire economy. This would have been extremely profitable for the developers to refinance their outstanding.

Rational capital supply, access to funds and longer repayment cycles are some more measures that developers were looking forward to.

With common people diving deeper into real estate investing, it was also expected to extend benefits given to REITs to shared or fractional ownership that would eventually attract more investments in the commercial realty sector.

While the announcements have been predicting benefits for the sector, there are some areas that have gone overlooked even in these projections. The Budget, therefore, makes us hopeful for inclusion of the above discussed measures by the government sooner or later.