Features Of Best Luxurious Apartments
With an upgrade of accommodation, a luxury apartment should also upgrade your lifestyle. Here are 7 premium features that you need to keep in mind when you are planning to upgrade your lifestyle with a luxury apartment.
Bespoke homes: The motive of a buyer should be higher returns on investment. Buying a luxury apartment after spending a huge sum of money makes no sense if your home isn’t designed according to you. It has bespoke apartments that can be customized according to your needs with the bespoke touch of a designer.
Location: When planning to buy a luxury apartment, you need to make sure that it is feasible for you from the perspective of location parameters. If your property lies in a chronic traffic-jammed area, then you are definitely missing out on luxury as peace of mind is a luxury too.
Common areas amenities: The idea of living in a society with luxury apartments is to make life easier, where you have anything and everything at your disposal. The Amaryllis by Amazing Realty is a self-sufficient cocoon of luxury. It has an exclusive spa and salon, along with a yoga zone amidst the greenery to give you a relaxing experience.
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Top 10 Banks for Home Loans in India
Many banks provide home loans at a competitive interest rate. Hence, distinguishing the best out of it is a necessary task. If you are looking for a bank that can provide you with a home loan with the best interest rates and services in the market, then go through this blog. We will guide you through some of the best banks which provide home loans at affordable interest rates which will be in your best interest.
State Bank Of India: The SBI is one of the largest banks in India which provides a range of banking services. It provides home loans at zero percent processing fees. The interest rate on a home loan by the State Bank of India is 8.50% onwards with no risks at all. If you are planning to take a home loan then start with the SBI bank. There are some major types of SBI loans which you must consider before applying for a home loan with the State Bank of India.
HDFC Bank: HDFC Bank is the largest private sector bank in India. It provides banking services to every part of the country. They charge a processing fee of 0.50% of the loan amount and additional taxes. However, the loan processing and services offered by them are the fastest.
Punjab National Bank : It is one of the most popular and trusted public sector banks in India with a range of banking services. They charge a nominal processing fee of approximately 0.35% of the total loan amount. The interest rate for home loans in PNB is 8.60% onwards. Must consider PNB if planning for a home loan in 2024.
ICICI Bank Home Loan :The ICICI bank provides home loans at an interest rate of approximately 8.75% onwards. The interest rates can vary based on the loan amount. Some of the major types of housing loans available at ICICI Bank are.
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What is RERA Act
RERA Full Form is a Real Estate Regulatory Authority and was introduced to regulate the Real Estate Industry in India. The major aim of implementing the RERA Act was to create a sense of transparency between home buyers and the real estate sector. This was done to prevent the fraudulent activities that were prevalent in the industry. Each state has their own RERA Act which forms the rules and regulations to regulate the sector. Additionally, they are also eligible to penalise the real estate agent or promoter in case they are found to be engulfed in fraud or malpractices.
Features of the RERA Act RERA Act offers RERA Registration or licence to promoters and real estate agents.
RERA Act helps to maintain a database of registered and licensed real estate agents.
Publishing and maintenance of registered real estate projects.