SRIKRISHNA ESTATE & CONSTRUCTION PVT.LTD

Do you believe that each developer ensures that every flat he/she is building should be Vastu compliant? ABSOLUTELY NOT! Many people believe in Vastu Shastra, and some prioritize their personal preferences. However, considering Vastu Shastra is essential for maintaining peace and harmony in your dream home.

If you’re considering Vastu Shastra while looking for flats for sale in Jharapada, read this post until the end. You don’t need that astrologer’s brain for conducting those Vastu checks while purchasing any property.

So, without further ado, here we are mentioning the Vastu tips to follow while buying residential flats in in Jharapada, Bhubaneswar. Follow these tips and get a Vastu-friendly house for yourself.

Check the Direction of the House

As per the Vastu Shastra, the main entrance of your house is the gateway of positive and negative energies entering your personal space. The energies flow in and out of the main entrance. The best directions of your home’s main entrance are north-east, east, and north.

So, you have to be very particular about the main entrance’s direction when you are purchasing any property. If you’re buying any flat in the apartment, you have the option of deciding the direction of your desired flats.

The Direction of the Rooms of Your Flats

Surprisingly, you should develop each room according to the Vastu Shastra. Please have a look at the below pointers.

·         Kitchen- The correct direction of the kitchen is southeast. If the kitchen is in the north direction, red flags are up from our side.

·         Toilet- As per the home Vastu, the toilet should be located northwest or west. It’s not recommended to invest in houses having toilets in the other direction.

·         Bedroom- The bedroom is one of the most important parts of your house. Thus, your bedroom should always be in the southwest direction, and a bedroom in the southeast direction might lead to heated arguments.

Shapes and Forms of Your House

Most rooms in the luxurious 1 BHK flats in Jharapada are circular. Undoubtedly circular rooms look very spacious and trendy but are not Vastu-friendly. The rooms have straight lines and are square and rectangular in structure.

The Installation of the Water Tank

The water tank placement is underground or on the terrace in the apartments comprising 1 and 2 BHK flats in Jharapada. If the apartment includes 50+ flats, the water tanks are located underground and on the terrace.

Honestly speaking, the best directions to place the water tanks are west or southwest directions. In the apartments, you can’t be choosy in terms of the placement of the water tanks.

Ventilation is Very Important

As per the Vastu Shastra, proper sunlight and ventilation are very important, and these two elements bring positivity to the personal space. Above all, if your house is full of positivity, it affects your financial condition too.

As a result, ventilation is essential in numerous ways, and living in a non-ventilated house isn’t the right decision. Balconies are very important because, through them, light and fresh air can enter your personal space.

Don’t Forget the Septic Tank

The septic tank is the place where all the waste from your house is collected, and this is the place that can encourage negativity. If the septic tank isn’t placed in the right direction, it can also affect your lifestyle. The septic tank should be built northwest and shouldn’t be close to your living space.

Are You Looking For Vastu-Friendly Flats In Jharapada? Visit: Krishna Laxmi Arcade

Krishnalaxmi Arcade is one of the prime housing projects offering Vastu-friendly 1BHK, 2BHK, and 3BHK flats with excellent amenities at affordable rates. It is an under-construction project, very close to the national highway and railway station.

Investing in residential apartments near Jharapada is one of the most crucial decisions of your life. You’ll be putting your years of hard-earned savings, and you should think twice before making your final decision.

However, Jharapada is a developing area comprising various upcoming real estate projects like Krishna Laxmi Arcade. So you won’t be disappointed after investing in the real estate projects of Jharapada.

But, you should keep certain things in mind before buying an apartment in Jharapada or anywhere across the globe. You might be burning your savings or taking a housing loan from the banks; you have to be extra careful.

Below, we’re mentioning some important things you should consider while purchasing residential apartments near Jharapada.

Pricing

When you’re buying an apartment, you should be clear about the budget. When you’re clear about your budget, you’ll look for the apartments accordingly. You should compare the different projects of various builders and see who is giving the best deal. In real estate, your investment should follow the ‘value for money’ rule instead of your preferences. You can check the pricing of different apartment projects and flats in Jharapada by browsing online or seeking assistance from your realtor friend.

Carpet Area

Usually, the property’s super built-up area includes the area used by the outside corridor, elevators, walls thickness, etc. On the other hand, the carpet area is the area which is within the walls. The carpet area is usually 30-40% lesser than the super built-up area. Thus, please focus more on the carpet area and less on the super built-up area.

Legal Check

The land on which the entire apartment was built is very crucial. You should check and verify all the documents of the land. Ensure that the builder has cleared all the dues and the land is 100% genuine. The builder has taken all the necessary rights from the concerned authorities to build apartments in Jharapada.

Possession Date

It has become a trend that possession dates are constantly delayed, which happens in metropolitan cities. Therefore, as a buyer, you should clearly ask the exact possession date before making any transactions. Usually, most builders ask for just a six months grace period, and that is more than enough.

Loan Financing Banks

You should be aware of which banks the builder is taking funding for the development. Unfortunately, reputed banks won’t give a penny to the illegitimate builders due to a bad reputation. So, it’s essential to check who are the funding partners of the project.

Agreement

When you’re buying 1, 2, 3 BHK apartments in Jharapada, you can pay a token amount that is non-refundable and get the allotment letter from the builder. If you’re taking a housing loan, an agreement will be created between you, the builder, and the bank. It’s your responsibility to read the agreement multiple times before signing the dotted lines. All the clauses mentioned in the agreement should be clearly read and understood. In case of any doubts, you should resolve them with the builder and bank.

Apartment Location

Not to forget, you should check the location where your apartment will be situated. Your apartment should be close to important places like the main road, hospital, school, markets, etc. In addition, the flat should be located in a peaceful and safe location, so your family stays secure 24/7. There is no point in investing in a lavish apartment if it isn’t situated in a safe location.

Krishna Laxmi Arcade is the Hottest Apartment Project in Jharapada

You have been hunting for your dream house for months on various websites, and NOW you have found the property which you can call your DREAM HOUSE. Congratulations on the house! Now you just have one more hurdle to cross – getting approvals for the home loan.

Bhubaneswar, the present capital of Odisha has raised its real estate growth remarkably and offers beautiful properties at a very affordable price range. If you are thinking of 2,3 BHK flats in Bhubaneswar – that’s a great idea as in the future your asset will be much more valuable than its cost price. Though this decision probably can be the biggest financial transaction of one’s life, banks are ever ready to support the same with bank loans!

Meeting the soaring prices of residential properties seems impossible without a home loan. Thankfully, applying for home loans are easy nowadays but be cautious as a simple mistake can turn down your home loan application. Let’s know the measure that plays an important role:

Tip 1: Maintaining a Good Credit Score

This represents your track record and credit worthiness. Maintaining a good credit score i.e. CIBIL score over 750 will avail your home loan at a better interest rate. Some ways to improve credit score:

Do not default on your existing loans.

Do pay your credit card dues and loan EMIs by the due date.

Don’t have too many loans at a time.

Do not just pay the minimum amount due on your credit card.

Try not to max out on your credit card every month.

Tip 2: Applicant’s Age

It matters highly due to the cash flow criteria, if a person is close to retirement or old age the chances are lower. The banks mostly prefer the age group between 30 to 50 years due to their financial stability. If you’re young and ready to buy residential flats in Jharapada of Bhubaneswar, Krishna Laxmi Arcade can be one such amazing investment!

Tip 3: Be Document Ready

Lack of requisite documents or minute mismatch is another common reason for home loan rejection. Thus, be prepared with the following documents beforehand.

Credit score details.

Identification proof such as Aadhar card or Voter ID.

If salaried – salary statement and IT documents for the last three years.

If self-employed – revenue statements, IT returns, GST filings records for the last three years.

NOTE: Be specific about the signature in the application and proofs.

Tip 4: Longer Repayment Period

Banks prefer borrowers opting for longer repayment tenures. It’s safe for the borrower too as it brings down monthly EMIs and reduces stress on monthly expenses. In the long run, when you get surplus funds, make prepayments and close the loan before maturity.

Tip 5: Deal with a Reputed Property Developer

Real estate is a bit tricky, and banks prefer borrowers who deal with trustworthy and reliable property developers. With reputed developers, there’s a high chance of project completion before the deadline and that too without any legal trouble.

Krishna Laxmi Arcade, which offers 1, 2 and 3 BHK flats in Jharapada, Bhubaneswar, is one such project running under the supervision of the renowned developer Krishna Group. The builders can even help you with the bank loans with their bank partners. It’s one of the trusted builders in Odisha.

Conclusion

Hope the tips mentioned above can ease your home buying process via different banks. With these tips, you can buy a property without much hassle and enjoy living a lifestyle that you wished for your family. Lastly, for the best option of 1 or 2 BHK flats and apartments in Jharpada – Krishna Laxmi Arcade is unbeatable!

Are you in a dilemma whether renting is better than buying a home? Are you worried about the troubled process of finding a ‘new place’ to ‘moving into it’? Here is a simple idea – with options like the ‘Krishna Laxmi Arcade‘ offering the best choices of 1, 2, 3 BHK flats in Bhubaneswar in the heart of the city, i.e.,Jharapada, find relief from searching and worrying!

Owning a house is way better than living in a rented apartment. Want to know why? Here’s why buying a house/apartment at a convenient location is the best decision for you.

FREEDOM of owning a house means a lot. It means you can do anything in and around it without any interference but this doesn’t apply when you live in rented accommodation. When you own it, you treat it just the way you want, paint it as you wish, theme it your way, and proudly etch your nameplate.You can opt for such residential flats in Bhubaneswar and be a proud owner of it!

BUILD YOUR EQUITY by putting a stop on rent as it’s counted as a sunk cost. But when you pay your monthly EMIs or loan, you know that after a certain time you can have that property entirely to you. With each payment, you’re building equity in property prices.

ESCALATION IN RENT is a troublesome thing. Mostly every year, landlords increase their rent or come up with various ideas of rent increment. Whether you get a salary raise or not, a relative increase in rent is confirmed. However, it’s not the same in the case of loan payments. It’s advisable to pay EMIs and own a home rather than paying rents. Now with easy bank loans, buying affordable flats in Bhubaneswar is very easy.

RISK is another factor to be kept in mind as you can’t control the destiny of your rented accommodation. The landlord can ask you to leave the property anytime and you’ll be compelled to look for a new home. But when you own a house/apartment, you don’t have to be worried about all these and can focus on decreasing other risks attached to secure living.

TAX SAVING is possible with home loans. Rental amounts can’t be claimed unlike your home loan for income tax rebate. Did you know, home loan can save your taxes? While paying loans, you can claim deductions in income tax against interest and principal payments. So, wait no more. Just reach out to the developers of Krishna Laxmi Arcade, buy your dream apartment in Jharapada – the heart of Bhubaneswar,and save your precious, hard-earned money.

MEMORY IS TREASURE, so making it your own house is worth it. The best thing about memories is making them. When living in rented accommodation, one day you have to leave them and move to some other space but it’s not the same when it is your own house.