We Want To Book The Flat With Dreamz Infra One More Time

Customer are happy and satisfied with Dreamz Infra. As Dreamz Infra are providing the flats at very less price compare to market. They sell the Flats at an optimized rate and not charge for any brokerage charges, no hidden fees. They will build the apartments for customers satisfaction and pride.

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Dreamz Infra an Half-Price Sale Offer

Dreamz infra is grown as trusted real estate builders in Bangalore with 30+ ongoing projects with 3 fully completed and other 3 with 90% completion.  Dreamz infra has made concept to get the dream home to the mid-level people. With quality in construction and with lots of amenities. With the most affordable and all amenities now dreamz infra has more than 4000+ satisfied customer.

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The Recent Survey Of The India Property Market

According to the Global Real Estate Transparency Index by Jones Lang La Salle it is nevertheless true that the situation and the sentiments in the real estate are improving. There still remains a need for transparency in many Indian cities. According to this Chicago based real estate Company it is a major requirement to establish more clarity on the rules connected to the purchases made of property within the realty sector.

The report also made it clear that India still scores the lowest in the transparency bracket of its transaction process.

This Chicago based firm magnified over 100 countries and appraised them over various parameters ranging from the availability of data, the number of listed developers and also the vigorous regulators.

India still fights a battle when it comes to cassette the real estate transactions. This is because many of the deals are done off the book, recorded with certain governmental offices which refrain from providing numbers. This has made the situation all the more tough for the home buyers as well as the analysts to access a properties worth and also it is therefore tough to understand the pace at which the property prices are poignant

home buy surveyThe big deals done in bigger cities are kept in records and is quit existent in everyone’s sensors, whereas the small deals in the number of smaller cities are often very hard to keep a record of. It is actually the small dealing of many smaller real estate companies which are kept off the record.

The analysts have realized that it has become extremely challenging to keep the record of such happenings in the realty sector.

In the interim the real estate mediators in India are amateur and deceitful. The Indian system seems to be a market in which any one can penetrate with the least amount of knowledge and the ability to get the paper work right also anybody who has an understanding of the brain needed to transfer control of property can enter the real estate market of India.

Another reason accountable of the Indian real estate degrading rank is the lack for a regulator for the real estate. There is a requirement of a proper regulatory body to govern the rules and rogation commanding the real estate happenings. As of now the Ministry of Urban Development, Local Registry Office and many other associations are seeking an immediate need for a well-established regulatory body.

The Foreign consulting firm also pointed out that those who have invested a huge amount of money have demanded more transparency as it’s the matter of their investments. If the market transparency is considered the real estate in India will get a major boost and the government on the other hand should go with the plans to improve the real estate regulations.

It is also a known fact that later in the year India is likely to bring into force the Real Estate Regulation Bill which will definitely render the much needed quality to the process of land registry and record keeping.

Reasons responsible for clients who have denied paying on the loan modification

On a lighter note of the justification of loss the following reasons were actually stated on the ‘Hardship Letter’. Such a note is to be submitted to the money lender in order to qualify for a second loan modification. Further the points discussed in the write up strongly support the reasons that why the lender needs to get an individual a better and a second much revised loan modification.Some of the reasons are provided below:

loan application

  • One can put forward that the first loan modification was done at 3% and the interest rate is fairly above the rates which have been advertised.
  • Misconception regarding the payment of modification for 2 years and then taking a leap for 6 months was fine before taking a new modification.
  • Renting your flat in the blood relation for example your son or daughter. From whom you cannot claim rentals.
  • No clarity over the equity issues as the office told to withdraw say 20 lakhs but didn’t gave an insight about running out of equity.
  • The affordability factor can also support in making the bank realize the potential to pay the individual’s mortgage.
  • Paying the mortgage during tough economic condition is also one of the reasons. The lenders and the government cannot forge the same.
  • Reasons like daughter’s marriage which requires a lot of liquid cash to be spend in the marriage arrangements can also be a reason to not be able to pay the mortgage while saving for the particular affair.
  • Another reason could be the uncertain employment of the tenants. This situation could also be harder in paying the rent to the owner who relies on the rentals to pay back the mortgage.
  •  Quitting the job to be self-employed but also fearing the fact of not being hired by any firm.
  • Another reason can be quitting the job to go to school and then realizing that the tuitions are really expensive.

Tips on how to save Money for your dream house

Owning a home is a beautiful feeling and similarly to buy a vacation property brings a smile which is ever lasting. Both these thoughts require a substantial down payment capacity. The article throws light on such aspects helping you to plan the finances and the down payment in such a way that it does not affect your balance sheet. The article also tries to put forward details on saving money and making the process of buying a home of your dreams a quicker one.

Down Payment

An upfront investment made by the buyer of a property to the lender in case of acquiring a mortgage to buy a home. This transaction is known as down payment. A traditional range of a down payment varies from 5% to 20%. The amount of money required to make the down payment depends upon 2 prime factors: first and foremost it depends upon the percentage required by the lender to pay initially and secondly the purchase price of the home also matters. It is therefore, a fact the higher you pay for the down payment, the lower will be your mortgage and monthly payments.money saving tips

Paying a down payment of 20% will relieve you from the payment of the Private Mortgage Insurance (PMI). PMI is an added expense which is to be made every month, this is required in case the individual defaults or is not able to make the payments as agreed.

The 20% down payment is set as a standard. For some individuals it’s an easy task to pay the 20% down payment and for some it may be tough to arrange the 20% share. One should not fear from arranging for the required 20% down payment as it’s a key to crack a good deal when it comes to property buying. Do not give up in case you find the deal to be a good- investment.

Affordability Factor

Before jumping on a conclusion to buy home one should realistically think over the matters and also do some primary research about the property prices. A primary research over the prices across all online portals like realty.com should be done in order to sketch out a fair picture about your preferred location.

money saving

The affordability factor largely depends upon your income and expenses. Also the credit rating and down payment are such factors which should be considered. Keeping a track of your monthly expenditure is also required as experts suggest that the monthly expense should not exceed 25% to 28% of the total income. Do not forget to consider other factors like retirement saving and children’s education before purchasing the house you always wanted to own. One should always be aware of the financial situation. It is advisable to turn the deal down is the monthly payment hampers your saving for future.

Down Payment Assistance

The down payment is an essential part of buying a home. Whether an individual is a first- time home buyer or a veteran everyone needs assistance on the down payment. There are several programs which provide assistance for down payment which are HUD, FHA and VA. The assistance ship depends up on different cases, but if an individual does not meet the requirements one should seriously gather some saving to be eligible for a mortgage

Reserve Mortgage Purpose and its denial in India

A reserve mortgage is a unique type of credit against a house which allows the mortgagor to transfigure a piece of the equity in the property into cash. This parity build up over many years of home loan payments can be remunerated directly to the mortgagor. Nonetheless, dissimilar to a traditional home equity loan no compensation needed until and unless the debtor uses the house as the prime accommodation.

The house equity line of credit similar to the second mortgage one must display adequate income against the debt quotient to be eligible for such a loan, also making monthly payments towards the debt. Reserve mortgage differs in a way that it compensates the pledger which is obtainable irrespective of existing revenue source of possessions.

The borrowed amount depends on the age of the borrower other factors related to this are current interest rate, other loan fees and also the evaluated value of the property. Just like owners of home, the borrower is still required to pay the real estate taxes as related and also recompense other conventional payments including utilities.

An ongoing mythos about the reserve mortgage is that at the end of the mortgage term. This scenario is not always true but differs from case from case. The house titleholder can preserve the house if one pays back the funds customary from the reverse mortgage lender.

reverse mortage

Disbursements on a reserve mortgage can be given to the borrower in a single estimated after the approval of the reserve mortgage, this could be done if form of per month disbursements and also in face of line of credit that the mortgagor can withdraw at any point of time whenever the person decides to. There are pros and corns for both of them depending upon the situation of cash and tax requirements.

In India the reserve mortgage is not approved and applicable. It accounts to the following reasons as discussed below:

The mind set of Indians towards a property is very much personal and they take it up as a primary asset. They believe in handling the property down generations and do not believe in enchasing it in any form unless and until the situation is serous and there is a financial crisis.

The second reason is the cultural strength of the country where the property is held by the senior citizens and is kept as a deep asset and not meant to get sold easily as a rule. It is always huge support to withstand the hard times and support in the silver years.

Thus, the reserve mortgage is not at all a hit in India as the product is traditionally not understood and accepted.

Bangalore Realty Market Growing At a Fast Pace! – Dreamz Infra View

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Bangalore is a fast paced metropolitan city with great infrastructure. There is a wide scope of growth for the real estate sector here as a huge population is growing day by day. There are scores of people who have settled and made Bangalore their home. A huge number of expatriates too have found an ideal home in Bangalore.

The real estate scenario in Bangalore is one of constantly growing one. What with the constantly growing number of professionals adding on to the city every day, there is a huge need for homes here in the city. There are scores of IT parks developed almost everywhere. With this kind of development, a large number of job opportunities are being created every year. And with the increasing number of job opportunities, there is a constant need for the homes too.

There are scores of top notch developers who are building homes, flats and residential villas almost in every nook and corner of the city. The demand for houses or flats has increased so much that, developers are finding it difficult to match the requirements of the customers. The depreciating value of the rupee has made it possible for the NRIs to have a good investment opportunity in the city too.

There has been noted an increased interest from the NRIs in the city as far as the necessity for the flats are concerned. The residents of the Bangalore city are too not lagging behind in their pursuit for an ideal home. Amidst the scores of property developers, what sets Dreamz Infra properties such as Dreamz Swadhya and Dreamz Swadesh is the fact that both are located in the pristine locations of Whitefield.

dreamz apartments

Whitefield is an area that is related with the booming IT sector. This area is a software hive. There are, apart from the scores of companies in Whitefield, huge number of shopping malls, educational institutes, medical facilities, cultural hives, and so on. Thus, the area of Whitefield is buzzing with immense cultural as well as infrastructural activity.

Finding an apartment or flat in Whitefield has become a question of prime importance. What Dreamz Swadhya and Dreamz Swadesh offer is that they provide quality living for people in Whitefield. There are 2 BHK and 3 BHK flats available in Dreamz Swadhya and Dreamz Swadesh. There are innumerable amenities and features in these two projects such as 24 hours water and security, bore well, ambulance facility, banquet hall, conference room, children’s play area, gymnasium, party hall & terrace garden, health club & beauty parlor for men and women, and lift (6 passengers).

All these facilities at these projects are available at a very affordable price to the customers. Unlike other builders’, Dreamz Infra does not sacrifice the interests of the customers by providing homes to them at hefty prices. The company understands the needs and the fact that the common people cannot afford homes that are available with a hefty price. Hence, they have come up with flats at an affordable price to the common people.

At Dreamz Infra, they understand the pulse of the common people and offer them flats at reasonable prices. This is what sets Dreamz Infra apart from other developers. They do not pay prime importance to profit making at the cost and the interests of the customers. What one can look forward to in these two projects – Dreamz Swadhya and Dreamz Swadesh is that one can get all the top class facilities such as swimming pool, crèche, party hall, and other facilities that are available with other prime builders too at a nominal price.

According to a report from a global property consultant, property market in the Karnataka capital saw a mixed trend during the first half of 2013. There was demand for office space declining 37 percent year-on-year (YoY), while it increased 33 percent in housing space.

When it came to residential units, about 28,000 residential units were launched during first half, thus enabling the city score a gain of 22 percent in terms of absorption as against 32 percent decline in Mumbai market. Thus, the city is scoring a huge one when it comes to houses or flats. Bangalore is certainly abuzz with the real estate market.