Circle rates in Gurgaon slashed – Home buyers to benefit By: Unknown No comments

Haryana Government has cut the circle rates of Gurgaon by 15%, in a bid to boost realty demand in the millennium city. This move of the state government will help home buyers to a great extent as it will reduce many taxes which have to be paid on the basis of circle rates.

High circle rates were affecting the buyers as they had to pay stamp duty as per the circle rates even if they bought a property at rates lower than the circle rates. Also, capital gains tax had to be paid at the prevailing circle rates. As a result of higher circle rates, many buyers chose to postpone their purchase, resulting in a reduced demand for property.

Although the property prices in Gurgaon decreased in a couple of years, but in the preceding two financial years the circle rates were left unchanged by the government, thus creating a negative sentiment for home buyers. This diminishing interest of home buyers resulted in a drastic decline in the number of registries, thus affecting government revenues too. This 15% cut in the circle rates of Gurgaon is expected to boost the real estate market in this corporate hub.

At this point of time, property prices are already at their rock bottom due to the correction in real estate market in the past two years. This reduction of circle rates will further reduce the expenses of the buyers as they will have to pay lesser stamp duty, registration charges and property taxes. Hence this is the ideal time for buying property in Gurgaon. Well informed home buyers have started searching for properties in Gurgaon which are available at reasonable prices.

Buyers looking to buy affordable homes can avail 1 and 2 BHK apartments in the AALAYAS at Sector 102, Dwarka Expressway, Gurgaon. AALAYAS – the affordable housing project – is being developed by ROF Group, owners of the prestigious Hotel Ramada, Gurgaon Central. The project is strategically located, has latest amenities and facilities, and above all is affordably priced.

As only a few units are available in the AALAYAS, visit www.rof.co.in for getting all the details of this project with high potentials of ROI.

8 Simple Home Maintenance Tips for Monsoon By: Unknown No comments

The monsoon rains provide the much needed respite from scorching heat as well as usher in lush green surroundings. But this season can be nightmare for your home if you are not fully prepared for the wet times ahead. You have to be very careful before the onset of monsoon to make sure that your home is not affected by long spells of incessant rains. Given below are some practical tips in this regard:

1) If you live in independent house or villa, you should do a thorough check of your roof for leakages, cracks etc. You can get minor repairs done on the roof along with cleaning and unclogging the roof gutters and the pipes to ensure that they drain the rainwater well.

2) Check the walls of your house for cracks, dampness or water rings, which can be repaired with a temporary treatment of Plaster of Paris. You can also opt for the damp block solutions to bridge cracks in the walls and avoid water seepage due to damp walls.

3) You should prune your garden and hedge to avoid the growth of weeds. Overgrown plants, grass and foliage can be a breeding ground for several pests and insects. As indoor plants tend to increase dampness in your home, it is best to put your plants outdoors during the rainy season.

4) Look for areas on your roof, front, courtyard, or any other place where water might get stagnated. Ensure to clean them up or cover them to prevent these areas from becoming a breeding ground for malaria causing mosquitoes. Also remove all sorts of empty cans, tyres etc in which water can collect.

5) If you have a swimming pool, reduce its water level, so that it does not overflow in heavy rains. All pits need to be filled up before the start of rains.

6) Deploy an electrician to check if any electric points are in the open or may be exposed to rain water. Any such exposed switches or wired should be immediately covered and water seepage fixed.

7) It is time to roll the rugs and carpets to protect them from mold and fungus that the constant dampness and increased humidity may cause. Also, you should place door mats at the entrance of the house to avoid muddy shoes making the house dirty.

8) You may move the wooden and iron furniture away from leaky windows. You can spray the furniture with waterproofing solution to ensure that the dampness does not mar its beauty. Sliding windows and balcony doors too should be checked and fixed with a rubber lining.

These simple tips will surely help you enjoy a clean, dry and disease free home. Enjoy the rains!