Facts and Myths about Carpet Area You Need To Know

As a prospective home buyer in Pune, it is beneficial to understand the basic terms used in the field of real estate. Knowing simple facts will exempt you from making silly mistakes which may result in big blunders. Home buying is not an easy task. The transforming methods and means are making it accessible and comfortable for everyone. These days’ reputed builders in Pune are discussing the facts and myths with their customers to maintain a healthy relationship.

The most popular term used by the developers and agents is the Carpet area. You can get the details about it from Google. Here, Goel Ganga Developments simplifies the confusion between Carpet area, built-up area and the super built-up area that are common between the new home buyers.

What is Carpet Area?

In simple words, it is the area which you can cover by a carpet. It is the area which is available for use excluding the wall area. It means the actual area which can be used inside the house; it does not include the lobby, lift, stairs, etc. Mostly the carpet area is about 70% of the build-up area. When you are looking for a 1, 2, 3 bhk flats in Pune focus on the carpet area and then make any further decision. It is the actual space that you will get in the house to use.

What is Built-up area?

It is the area that you get after adding the carpet and wall area. The wall area is the thickness of the inner walls. It is approximately 20% of the built-up area. You can easily find actual built-up area details in any of the Goel GangaDevelopments Pune residential projects. For example, if you are getting a built-up area of 1200 sq. ft, it means approx 30% that is 360 sq. ft, is not for use and you can utilize the remaining 840 sq. ft.

Super built-up area is the most common term used among the real estate agents these days. It is the area which they calculate by adding the built-up area and common area like lift, lobby, corridor, etc. Nowadays, builders try to add the pools, garden, and clubs in the common area. Most of the builder's charges based on the super-built-up area or the saleable area. 80% of contractors measure the base amount considering the super built-up area. In easy terms, the more the amenities they are offering the higher the super built-up area becomes. It is the time to make smart choices when you are going to buy a new home in Pune. You can put your savings for a rainy day by choosing Goel Ganga 

Undri’s Transformation into a Demanding Residential Zone

Pune is noted for its fascinating history from the time of British rule. In recent years, the constant expansions and demand for opportunities set a new benchmark for the skyline of Pune. The major growing areas in Pune are Wakad, Hadapsar, Hinjewadi, Keshav Nagar, Tathawade, Nibm, Wagholi, and Undri. The area of Undri-Pisoli is an insistent residential locality in the South side of Pune city. It's proximity to important IT spots and industrial areas established it as a most demanded residential zone. Buy residential property in Undri.

People also call it a micro-market having smooth access to various localities and convenience centers. Being located adjacent to Magarpatta SEZ, SP info city and Hadapsar, Undri is providing major employment requirements to the locals. There is an increasing demand of residential propertyin Undri.  

Talking about convenience and basic need it is successfully fulfilling the requirements of its residents. There are more than fifteen reputed schools, branches of major banks, multi specialty hospitals, well-equipped grocery stores, branded eating outlets and other essentials can be easily spotted.

The recent evaluation of the properties as per the realty experts, Undri is offering 4,020 - 59760 Rs per sq ft which is comparatively less and affordable than any other area. If you are planning to buy a 1 bhk in Undri it will cost you around 33 lakh on an average. Which is cheap and pocket-friendly for a mediocre family? The added features of this area other than the nearby industrial estates Undri is its location. You can easily travel to the airport in half an hour as it is just 18 km away and the railway station is around 11 kms from Undri.

All these inferences are making Undri a demanding locality and inviting big realty companies. One of the reputed builders in Pune is Goel Ganga Developments. There project Ganga Fernhill is a remarkable piece of man made marvel. It is well-equipped with the best amenities and resources. It has a wide range of flats from 1 Bhk to 3 bhk luxurious living spaces to enhance the lifestyle in a pocket-friendly price range. The flats are embellished with modern-day needs like escalators, power back-up, CCTV security, safe environment, parking space, modular kitchen, green parks and playing areas for adults and kids and much more.

With these specifications, the residential project of Ganga Fernhill is attracting the new home buyers. As the builders are promising to provide the ‘Sapno ka Ghar’ in a budget rate. The project is almost in the last stage of completion. It is expecting to start the deliveries by the end of this year or by next year. So just be ready to find your dream home with Goel Ganga Developments, Pune.

5 Must-Haves You Should Look For Before Investing In A Luxury Flat

A few years back luxury apartments were a rare sight in the big cities like Mumbai-Pune. With the growth in the economy, and urbanization these apartments multiplied and now they are exclusively in demand. It is a fact; these living spaces are more appealing because they have more facilities than a normal building. They have a proper planned layout and area, spacious rooms, adequate air ventilation, and secure than an average apartment. Additionally, they are proving a much better society in terms of services as compared to other buildings. All this is made possible due to the intervention of builders like Goel Ganga Developments, Pune.

Investment in a luxury apartment is a big step for anyone as they cost more than the regular residential flat. But before buying yourself a new house you should think about certain important things which would help in the appropriate selection of one’s dream home. Here, Goel Ganga brings you a list of facilities which are essential for a luxury flat.

1.    Location: One of the most important aspects of looking for residential property is its location. The area, nearby stores, and facilities should be matching as per your requirements. It matters a lot. There should be a nearby grocery store, medical center, and a school within 5 km radius.

2.    Security: A residential complex is incomplete without security and CCTV cameras. Security guards and CCTV are making it more secure from unwanted outsiders. Other than that, there should be more than one set of stairs that is an emergency stair system in case of fire or earthquake for evacuation. There should be well-maintained fire extinguishers installed on every floor for emergencies.

3.    Arrangement for disabled and senior citizens: In this case, there should be elevators for the benefits of disabling and senior citizens. The stairs should be made for easy access to higher floors. According to Goel Ganga Group owner Annuj Goel, there is a separate passage for the disabled people to walk freely through the parks and around the complex in there all the projects. 

4.    Park and clubhouse: A lush green park for kids and seniors to enjoy their evenings and vacations is an important feature needed in every society. There should be a separate yoga place where everyone can take part and indulge in activities. The clubhouse with a gymnasium, swimming pool and a hall for indoor-outdoor games in the building gives motivation to the adults and kids to partake in the sports. 

5.    Car Parking: Ample space of car parking should be available as these days people tend to have more than one car in one family. At least, one extra parking should be available for the residents in case they buy a new vehicle. Separate and secure parking for visitors is another necessity. As it is natural for residents to share their parking with someone else’s guests.

There are much more than this from the house of Goel Ganga Developments, Pune in there every residential project. For more information visit the website and construction sites.

Buy Property with Goel Ganga Developments

Goel Ganga Developments has proved itself consistently to be regarded as the most trustworthy and dependable name in the real estate market of Pune. They are the true reason behind all the advancements and luxurious succession regarding residential and commercial complexes. They do not believe in insisting on conversational guarantees rather wish to indulge in realities of consistent successions which they can showcase in the final result that they provide. They take pride in showcasing how they have been the major parcels of all the major residential and commercial complexes that have been constructed and renowned in Pune recently. 

GoelGanga Developments Pune has a certain uniqueness and originality to their work that is very rarely spotted these days. Accessibility, high class amenities and paramount service preferences to customer requirements is what we aim to deliver in every project. Goel Ganga goal is to be able to serve the maximum possible population so that the majority can benefit from the services that they have been working so hard to provide. According to their beliefs, one need not be working towards the upliftment of only the privileged class; rather they work towards bringing development to an entire array of people. Their services stand out in such a way that one can quite easily make sense of the quality of products that have been utilized while keeping this particular brand in mind. 

GoelGanga Developments Pune has been a part of the development journey right from its nascent stage. They have spent a time period of almost four decades in the industry so they can be pretty experienced and knowledgeable in terms of making the right choices. Their expertise and experience in each of the details in the real estate industry has contributed to the ever-growing occupancy of Pune’s outskirts. They realize that they can quit the good deeds at any point of time as they are not answerable to anyone, but inspire of that they make sure that they are able to contribute even the slightest into the development of the society as a whole. Their specialty is not just constructing luxurious residential and commercial complexes but it is also our dearest passion which is why we take it ever so seriously.  They believe that in order to acquire excellence, we need to work on making our work culture and environment people oriented, so that is our main and absolute goal.

Be Future Ready with Smart Homes by Goel Ganga Developments

In this techno-savvy era, everyone is looking for smart ways to make life little easy and fascinating at the same time. While buying new homes modern families are opting technology and luxury over the traditional ways. Living in a metro like Mumbai, Pune, and Bangalore is not an easy task considering the purpose of safety and security. The trend of gated communities is making life easy, but it is not easy to access in limited budget.

Considering these issues Goel Ganga Developments Pune launched various new residential projects in Pune. You can easily map the locations if you are familiar with the city. As per AnnujGoel, Director of the group the demanding areas are Dhanori, Undri, Nibm, Tathawade, and Wakad. These areas are rapidly undergoing through residential and commercial developments. Various construction companies are investing in Pune in recent years and contributing to making it a better place.

While buying a new house people do plenty of research regarding location, facilities, traffic, power supply, water supply, drainage, safety, etc. The list goes endless because the needs are growing day by day. And in the rush of life, we need to start thinking about each of them seriously. By making the homes future ready we can easily save time, energy and money. In this context, Anuj Goel, Goel Ganga Group owner says, that adding technology as an essential part of our properties makes living easier in every aspect.

He further adds, the apartments in Dhanori, NIBM, Undri are designed and engineered considering the basic needs of present-day families. The flats are highly spacious and meticulously planned by the experts. You can infuse technology easily and make your life convenient and as per your needs without any hassle. Home automation is highly in demand these days, CCTV, intercom, free Wi-Fi, etc. are some popular special facilities which are in practice by the smart homeowners.

The trend of making houses innovative and smart with advanced technology is reducing the charm of traditional homes. Everyone is looking for the transformations while buying a new flat. These changes are adding glamour and sophistication in the personality of the homeowners. This remarkable transformation in society has changed the mindset of buyers. Moreover, Goel Ganga Developments Pune is offering budget flats in the best localities of the city.

Smart Tips to Build Long Term Wealth with Real Estate in India

Buying a home is equivalent to investing in long term capital in India. The experts say that you need to have plenty of patience, time and money to invest in a property. According to Goel Ganga owner, Anuj Goel you shouldn't invest in real estate until you have endless savings, a flourished business, emergency funds, no debts, and a secure retirement plan.

Real estate is a tricky field in Indian market. It requires your clever brain and amazing presence of mind. It can be a profitable investment; on the other hand, it requires a huge time commitment. A well-maintained turn-over can give you big returns. If you live in a separate home and buy another home for reselling, renting or leasing; it is a good venture.

Goel Ganga Group owner suggests that real estate is a costly investment. It requires plenty of cash on hand and reserved money for the emergencies. In case, you have to fix an issue regarding the stamp duty, registry, etc. you should have enough money to cope with the everyday expenses easily.

Then he adds that examine to invest in safe projects. Anuj Goel says get yourself involved in REIT, real estate investment trust. It reduces the stress and time commitment by providing vulnerability to the market. Mostly the REITs focuses on a particular type of projects like hotels, malls, apartments, etc. It also offers various alternatives like liquid investments, buying shares through a brokerage firm, and you can also collaborate with private markets.

Any investment requires keen knowledge and relevant research. The best results come from the local market that is the neighborhood. Communicating with the local agents and property dealers helps a lot. At this place, Goel Ganga Developments Pune is an authentic source for these types of research.

Make easy and simple strategies. Anuj Goel, Director at Goel Ganga Developments Pune says that the best advice is to keep things simple. It can help in a long way in the real estate industry. The only intention behind investing in real estate should be generating enduring benefits. But don't be deceived. Keep your expenses low and small. The returns are good when you buy a single family home, like 1-2 bhk flats. They can turn positive for renting and can generate income. Meanwhile, keep an eye on the rental payment. It should be covering the mortgage, insurance, taxes, maintenance, etc. expenditures on the easy go. If not, then you are losing money and it requires your attention. 

7 Things You Should Know Before Investing In Your Second Home

Do you want to buy a second home? Buying a new house demands smart moves and wise decisions. In the words of Anuj Goel, Director Goel Ganga Developments second home buying requires the same old procedure like picking the location, checking the amenities and surroundings, etc. He further says that the first prime aspect is your budget and needs. Here we bring you the most promising tips you should keep them in mind while buying a second home.

1.    The location – If you are going to buy a second home, be careful before choosing the right neighbourhood. Try to visit the location frequently to find out more about the locality and people. In addition, try to communicate with the locals to gather more information about the area and facilities. In fact, take some time to research the rental climate in the area.

2.    Identify your needs and requirements first - Knowing about the requirements like type of flat, locality, amenities and purpose of buying the second home helps a lot. Ask yourself what is the aim? Is it renting or just for investment, find a property that fits into your requirements. Try to search for a similar type of home which suits your budget and fulfils the necessities. 

3.    Calculate the expected expenses - Your second home will also require cash for expenses – both expected and unplanned. You have to make a budget, manipulate the other essentials like registration fee, real-estate agent fee, lawyers' fee, documentation charges, repair/renovation if required. And finally, you have to pay property taxes, insurance, potential homeowners' association dues, etc.

4.    Find a good real estate company - If you don't have enough information about the locality, you should find a local real-estate agent for the most suitable property analysis. Mr. Annuj Goel says that hiring an agent reduces the stress. With the help of reputed property dealers you can search the right flat within your budget. They assist in making searches fast and easy to save your time and money.

5.    Think about a home loan with low EMI – After finalizing the property, you must think about a home loan. Don’t forget to consider the terms and conditions of the loan. You have great past experience, so you can negotiate at the time of getting EMI benefits.

6.    Tax implications – Tax implications are another challenge for home buyers. You have to bear mortgage interest, property taxes, repairs, depreciation, and operating expenses. It asks for maintained records of income and expenses, ITR, CIBIL score and much more. 

7.    Going for rental income - If you are buying for renting, try to find out the rental rates in the particular area. It will bring great returns in your investment; it is a good time to invest your money. You must search for some location that can fetch you desired returns.

Therefore, buying a second home can be a smart investment. And choosing reputed builders in Pune eases the entire procedure of home buying.