Mumbai 1st among mega cities, does well on mixed land use, open spaces

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  • MUMBAI: The National Ease Of Living Exercise By The Union Home And Urban Affairs Ministry Is Aimed At Helping Cities Assess Their Liveability Vis-À-Vis Global And National Benchmarks And Encourage Cities To Move Towards An Outcome-Based Approach To Urban Planning And Management.

    Mumbai Scored Well On Identity And Culture (Rank 2), Public Open Spaces And Mixed Land Use (1), Assured Water Supply (3) And Transportation And Mobility (8). Surprisingly, The Financial Capital Ranked 63 In Economy And Employment, 54 In Reduced Pollution, 23 In Governance And 36 In Education.

    The Rankings Are Based On The Overall Scores Each City Got On A 100-Point Scale Across 15 Categories And 78 Indicators (See Box). The Data Was Made Up Of What The Cities Furnished, A Third-Party Survey And Feedback From Around 60,000 Citizens “While We Are Glad Mumbai Has Ranked Third, We Will Look At Areas Where The City Requires Improvement As Well. Once We Have Evaluated It, We Will Start Filling In The Gaps To Improve Our Ranking The Next Time,” Said Additional Municipal Commissioner Vijay Singhal.

    A BMC Official Privy To The Whole Process Said They Collated The Data Sought By The State Government For The Report In April. “There Was A Live Questionnaire. While Around 80% Of The Information Sought On Open Spaces, Water Supply, Road Network, Transportation Facilities Like Bus Stations, Security Cameras Was Available With The BMC, For Additional Details We Had To Approach Authorities Like The MMRDA, Police Or Mhada,” He Said.

    In May, An Independent Team Arrived And Audited Facilities Across Random Locations. The BMC Also Had To Provide Water And Noise Samples From Random Locations.

    In Safety, Pune And Greater Mumbai Were Ranked At 25 And 35 Among All The Cities.

    What Worked In Favour Of Navi Mumbai Was Governance (Rank 1), Education (2), Health (3), Transportation And Mobility (4) And Assured Water Supply (7). It Was Let Down By Power Supply (74), Reduced Pollution (48), Housing And Inclusiveness (35). Municipal Commissioner Ramaswami N Said He Is Happy Navi Mumbai Is Marginally Behind Pune. “We Are Just 0.09 Overall Points Behind… Navi Mumbai Has Also Been Judged Best For Governance,” Said Ramaswami.

    Thane Scored On Power Supply, Transportation And Mobility, Ranking First, Assured Water Supply (4) And Employment (9). It Came Up Short In Safety And Security (82), Public Open Spaces (40), Reduced Pollution (53).

    “We Have Managed To Bring Thane A Long Way From Its Identity Of Being A Dormitory City Or Playing Younger Brother To Mumbai. It Is A Matter Of Immense Pride For Me That I Could Contribute To Help The City Secure An Admirable Place On The National Map,” Said Municipal Commissioner Sanjeev Jaiswal

     

    Property In Thane Contact Ace Constructions Sales Office

 

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Vastu and Décor Tips For Name Plates

Besides Identifying A House, A Name Plate Can Also Be Used To Enhance The Décor Of A House And Create A Good First Impression. We Look At The Basic Dos And Don’ts For Putting Up A Name Plate On Your House 

A Name Plate Or Door Plate, Serves The Functional Purpose Of Identifying A House. However, A Name Plate Can Also Serve As A Décor Element, Which Reflects The Home Owner’s Style Sensibilities. “Nowadays, Nameplates Come In Various Styles, Such As Modern, Abstract, Concept-Based, As Well As Name Plates Inspired By One’s Religion And Can Be Custom Made In Any Indian Language. They Can Be Hung Or Affixed On The Doors, Or At The Entrance Of The House Or Society,” Says Abhishek Goyal, Founder, Panchatatva.

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Materials For Making Name Plates

The Most Commonly Used And Budget-Friendly Name Plates For Apartments, Are Made Of Acrylic Or Fibre. Simple Signage For Bigger And Independent Houses And Buildings Are Generally Made Of Glass And Steel. Handmade Signboards Have A Raw Appeal, While Designer Name Plates With Creative Use Of Fonts And A Wooden Finish, Can Lend A Stellar Appeal, Says Goyal. “Designer And Multi-Compound Name Plates Are Made From A Combination Of Different Materials Like Wood, Glass, Steel, Terracotta, Brass, Jute, Fabric, Grass Or Coconut. These Name Plates Have A Niche Market. The Trend, Now, Is To Use A Combination Of Various Materials, To Give A Unique Look,” Adds Goyal.

Seasoned Wood, Such As Teakwood And Railway Sleepers, Can Also Be Used For Making Name Plates. For Budget-Friendly Options, Commercial MDF (Medium Density Fibre), Plywood, Veneer And Pine Wood, Are Ideal. Individual, Preformed Ceramic Letters Can Also Be Used To Create Name Plates, While Stone, Marble, Mirror And Wrought Iron Are Other Common Options. One Can Custom Make Name Plates In Various Shapes, Like Rectangle, Square, Oval, Round, House-Shaped And Other Irregular Shapes. The Name Plates Can Be Etched With Motifs, Or Engraved With Images Of Deities, Or Have Photographs With Floral Designs, Eye Catching Calligraphy, Etc.

Vastu Shastra Principles For Name Plates

According To Jayshree Dhamani, A Vastu Shastra And Astrology Expert, Home Owners Should Always Put Up A Name Plate, As It Is Like A ‘Tikka’ On The Forehead.

“As Per Vastu Shastra Principles, The Main Door Of A Home Is Not Only The Entry Point For The Family, But Also For Energy. So, If Your Home Doesn’t Have A Name Plate, It Will Be Difficult For Opportunities To Find Their Way To You. A Name Plate Should Be Readable, Clear And Pleasing To The Eye. Choose The Correct Material For The Name Plate, For Positivity And Harmony. A Metal Name Plate Is Recommended, If The Door Is In The North Or West Direction. Use A Wooden Name Plate, If The Door Is In The South Or East Direction. It Is Also Good To Decorate A Home’s Entrance With Pictures Or Statues Of Ganesh Or Auspicious Signs Such As Om, Or The Swastika Or Even Some Shlokas,” Advises Dhamani.

Personalised Name Plates Are In Vogue

Modern-Day Home Owners Prefer Personalised Name Plates. Consequently, Name Plate Designs Often Incorporate Themes Or The Interest Of Family Members, Or The Profession Of A Person, Etc., Says Goyal. “Traditionally, The Trend Has Been To Write One’s Surname On The Name Plate. Then, People Started Writing Their Complete Name. Now, People Write Their Family Name, Along With The Names Of All Members, Including Children. Recently, A Client Asked Us To Leave A Blank Space On The Name Plate, To Add The Name Of A ‘Soon To Be Born’ Baby. People Also Add Their Pets’ Names And Photos On The Name Plates, As They Are Considered Part Of The Families. With A Growing Trend Of Naming Bungalows, Row Houses, Villas And Apartments, Even These Names Get Inscribed On The Name Plate. Regional Language Name Plates Have Become Very Popular,” Goyal Elaborates.

Neha Mehta, A Home-Maker From Mumbai, Maintains That An Attractive Name Plate Is Important, To Create A Good Impression. “The Name Plate On My House Is Made Of Glass And Raw Wood, With Lettering In Gold And Illumination Behind It. My Son, Who Is A Bollywood Fan, Has A Film Clapboard Painted As A Name Plate Outside His Room And The Name Plate On My Daughter’s Room Is Pink And White, With Flowers On It,” She Explains.

Tips For Putting Up A Name Plate At The Home’s Entrance

– Always Have A Name Plate On The Main Door Or The Adjoining Wall, If The Space Permits, As It Is Believed To Attract Prosperity, Opportunities And Well-Being.

– Ensure That The Name Plate Is Large Enough To Write One’s Name Or Surname And The House Number And Is Legible From At Least A Foot Or Two Away.

– The Design Chosen For The Name Plate, Should Blend Well With The Main Door.

– The Main Door, As Well As The Name Plate Should Be Well-Lit.

– Keep The Name Plate Stylish But Simple. Do Not Clutter It With Too Many Designs, Calligraphy, Engravings, And Idols Of Deities.

– Ensure That The Name Plate Is Regularly Cleaned And Is Dust Free.

Also Read: Top 5 Home Preparation Tips Before Unpacking

 

Read More About Home Decor, Real Estate Blog ThaneBy Ace Constructions – Property In Thane

 

To Know About 2 BHK Flats In Thane Visit Ace Constructions Sales Office In Thane

 

 

 

Home loan and tax benefits if you own multiple homes

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Although A Person Can Avail Of Multiple Home Loans, The Tax Benefits On The Interest Paid On The Loan For A Second House, Are Different From That Available For The First House

People Are Generally Under The Impression That One Can Own Any Number Of Properties But One Cannot Take More Than One Home Loan At A Time. This Is Not True. As There Is No Restriction On The Number Of Properties You Can Own, There Is Also No Restriction On The Number Of Houses For Which You Can Take Home Loans And Claim Tax Benefits. The Amount Of Home Loan That You Can Take, For All The Properties Taken Together, Shall Depend On Your Earning And Your Ability To Service The Loan.

Thane Real Estate Property Blog
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Tax Benefit On Interest Payment

You Can Claim Deduction For Interest Payable On A Loan, Taken For Purchase, Construction, Repair, Or Renovation Of Any Property Under Section 24b. In Case You Own Only One Residential House Property Which Is Occupied By You, The Maximum Deduction That Can Be Claimed On Interest Repayment On A Loan For That Property, Is Restricted To Rs 2 Lakhs Per Annum. However, In Case The Money Is Borrowed After 1st April 1999 And Construction Of The Property Is Not Completed Within A Period Of Five Years From The End Of The Financial Year In Which The Money Was Borrowed, The Deduction In Respect Of The Interest Claim Shall Be Restricted To Rs 30,000 Only.

In Case You Have Let Out Any Property Or Properties Owned By You, You Can Claim Deduction For The Entire Interest Paid, Without Any Upper Ceiling Against The Rent Received In Respect Of Each Such Property. However, In Case You Own More Than One House Property And More Than One Houses Are Occupied By You, Then, You Have To Choose Any One Property As Self-Occupied And The Other Property/Properties Are Treated As Let-Out For Which A Notional Rental Income, Based On The Rent The Property Is Expected To Fetch, Is Required To Be Offered For Taxation. So, Once Any Such Property Is Treated As Let-Out, You Can Claim The Tax Benefits For Full Interest Paid, For Money Borrowed In Respect Of Any Of The Property That Is Treated As Let-Out.

This Deduction On Interest Payment Is Available, For Any Residential Or Commercial Property Owned By You. It Is Also Available, Irrespective Of Whether The Money Is Borrowed From A Bank Or Housing Company, Or From Friends Or Relatives, For The Purpose Of Repairs, Purchase Construction, Reconstruction, Etc.

Any Interest Paid During The Construction Period Can Be Amortised And Can Be Claimed In Five Equal Instalments, Beginning From The Year In Which The Construction Is Completed And Possession Of The House Is Taken.

However As Per The Amended Law W.E.F. April, 1, 2017, The Aggregate Of Loss Under The Head ‘Income From House Property’, Cannot Be Set Off By More Than Rs Two Lakhs Against Other Income For A Year. Any Loss Remaining Unadjusted, Can Be Carried Forward And Be Set Off Against Income From The Same Head, For Eight Subsequent Years.

Tax Benefit On Repayment Of Principal

As Per The Provisions Of Section 80C, You Can Claim Up To Rs 1.5 Lakhs For Repayment Of Housing Loan Taken From Specified Institutions, Including Cost Of Registration And Stamp Duty Of A Residential House. Although You Can Take Home Loans For More Than One Property, The Amount Of Deduction Shall Be Restricted To Rs 1.5 Lakhs. The Overall Amount Of Deduction, Includes Other Items Like Provident Fund Contribution, Life Insurance Premium, Tuition Fees, PPF Contribution, NSC, ELSS, Etc.

This Deduction Can Be Claimed Only After You Have Taken Possession Of The Property. If You Have Started Repaying The Principal Of A Home Loan Before Taking Possession, This Benefit Is Not Available To You. Please Note That Repayments Of Loan Taken From Your Friends And Relatives, Are Not Eligible For This Deduction.

Also Read: Why Should You Check Your CIBIL Score Before Buying A House?

Read More About Thane Real Estate Blog, Resources, Thane Property Articles By Ace Constructions – Property In Thane

To Know About 2 BHK Flats In Thane Visit Ace Constructions Sales Office In Thane

 

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Tips To Keep Your Home Safe And Hygienic For Your Child

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Having Children At Home Not Only Brings Joy And Fun But Also Calls For Greater Safety And Responsible Planning Of Space In Order To Keep Them Safe. For Couples, With With Children, Planning To Buy A Residential Property In India, It Is Mandatory To Know If The Property Is Childproof Or Not. In Case, You Plan To Buy A Property Which Is Not Childproof Yet, Ensure That You Take Necessary Measures To Make It Childproof Before You Move In. The Childproofing Can Be Done By Hiring Professionals Who Are Well-Equipped And Have The Knowledge About How The Property Can Be Safe For Your Child.

Thane Real Estate and Property Blog
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Tips That Will Help You Safe Your Home:

Importance Of Childproofing

At The Growing Age, Children Are Curious About Their Environment And The Things Around Them. Whether It Is A Toddler Or A Four-Year-Old, The Home Is A Huge Playground Where Their Imagination Runs Wild. This Also Means That There Can Be Multiple Places In Your Home Where An Accident Is Just Waiting To Occur. By Barricading The Possible Areas Of Accident, Will Ensure Their Safety And Your Peace Of Mind. In Fact, Many Upcoming Projects In India Add Childproofing As A Key Feature To Their Apartments.

What Are The Danger Zones?

To Identify The Danger Are, Look At Your Home From A Toddler’s Point Of View. Angular Corners, Sharp-Edged Furniture, Low Lying Electrical Sockets, Slippery Floors, And Even Poisonous Cleaning Products Within Their Reach, Can Pose Serious Baby Hazards. Any Place Where A Baby Can Get Hurt Is A Potential Danger Zone That Needs To Be Childproofed.

Steps To Childproof

The First Step Towards Childproofing Is To Remove Or Cover Everything Sharp, Pointed, And Heavy From The Child’s Path.

Bathroom

– Have Non-Slippery Mats Outside The Bathroom And Next To The Bathtubs To Ensure They Do Not Slip. Never Leave Your Child Unattended During A Bath.

– Toilet Lids Should Be Locked To Prevent Children From Tipping Over Or Slamming It On Their Hands Or Heads.

– Cabinets, If Any, Should Be Locked As These Largely Are Used For Storing Medicines, Soaps And Shampoos, Which Can Pose Danger If Consumed Out Of Curiosity.

– All Electric Outlets/Sockets Should Be Covered With Proofing Gadgets To Prevent Accidental Electrocution. Children Tend To Put Their Fingers In The Electrical Sockets.

Balcony And Terrace

– Children Should Not Be Allowed On Balconies And Terraces Alone. They Should Always Be Accompanied By A Responsible Adult.

– The Balconies Should Have Grilles, Barricades, And Protective Railings, And Designed In A Manner That There Is Minimal Space Between The Bars Of The Grille, Enough To Prevent A Mishap.

Kitchen

– Kitchen Cabinets Should Have Locks To Keep Sharp Objects Like Knives And Scissors Away From Children’s Reach. – Installing Stops In Drawers Will Stop Toddlers From Bring Them Out On Themselves.

– Install Stove Knobs That Come With In-Built Locking Mechanisms, So That Even If The Child Can Reach The Stove, They Are Unable To Operate It.

– Keep The Fridge And Microwave Locked When Not In Use.

– Use A Retractable Electrical Cable For Coffee Makers, Toasters And Microwaves So That Children Cannot Pull The Cords.

Bedrooms And Living Room

– Children Spend A Lot Of Time In These Rooms. Have A Minimal Decor Until Child Grows Up A Little. Too Many Artifacts, Breakable Or Heavy, And Sharp-Edged Furniture Can Be A Cause Of Injury To Children.

– Get Stoppers Installed On All The Doors, Prohibiting Baby’s Fingers From Getting Pinched.

– Keyholes On The Doors Should Preferably Be Double-Sided And Child-Friendly To Prevent A Child From Being Accidentally Locked Inside The Home.

– Electrical Covers Should Be Placed On Unused Sockets. Switches And Regulators Should Be Installed Out Of The Reach Of Small Hands.

– Place Corner Bumpers On All Sharp Edges To Prevent Bumps On The Head.

– If You Have A Staircase, Fix A Baby Gate On The Top And Bottom Of It.

The Installation Process All The Safety Measures And Equipments Should Be Completed Before You Move In. Though This Comes With A Price, But That Is Worth Paying For When It Ensures A Safe Environment For Your Child.

Hygiene At Home Plays A Great Role In Maintaining The Good Health Of The New Born. Thus, It Becomes Important To Go For A Deep Cleaning Process Before The New Born Enters The Home. It Is As Important As Stocking Up On Diapers.

Here Are Some Additional Tips:

Basic Housecleaning

It Is Important To Have A Thorough Cleaning Of The Home. Avoid Going For Harsh Cleaning Solutions And Insecticidal Sprays. This May Leave A Negative Impact On The Health Of The Baby. Kitchen Is One Specific Place That Needs Extra Attention. An Average Dishcloth Contains Around 4 Billion Living Germs. Clean The Kitchen Floors Nicely And Regularly. Bathrooms Are Another Area That Needs Attention. Use A Strong Cleanser Once A Week.

Keep Things Handy

Ensure That The Adults Can Easily Reach Out For The Disinfectant And Sanitising Sprays. It Is Also Important To Keep A Basket Which Can Be Used To Hold All Of Baby’s Belongings. This Will Help You To Easily Find Things. This Will Also Make You More Efficient While Doing A Full Clean Up.

Purify The Air

Go For A Strict No-Shoes Policy. Say No To Synthetic Air Fresheners And Fragrances. Use Clove Oil Bleach For Mold Removal. Avoid Bleaching In General. Clean The Rugs If Any. Bring In Indoor Plants That Will Purify The Air. You Can Use Eco-Friendly Cleansers Made Out Of Lemon Etc. This Will Ensure That The Air Within The House Is Clean And Healthy For Your New Born.

Find The Right Corner For The Nursery

It Is Necessary To Find A Right Space For The Nursery In Your Home. The Room Must Have Proper Sun Light, Temperature And Electricity. It Should Be Also Away From Unnecessary Noises. This Will Ensure That The Baby Enjoys A Peaceful Sleep.

As The Process Of Cleaning The Home Is Not That Easy It Becomes Important To Take The Help Of Other Family Members. Set Tiny Goals And Divide The Work Amongst All The Family Members. This Will Simplify The Process Of Cleaning The Home For The New Born.

Also Read: Tips To Decorate Your Vacation Home

 

Read More About Thane Real Estate Blog, Resources, Thane Property Articles By Ace Constructions – Property In Thane

 

To Know About 2 BHK Flats In Thane Visit Ace Constructions Sales Office In Thane

 

Source: proptiger.com

How To Keep Your Home Cool This Summer?

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After A Tiring Day In The Heat And Dust Of The City, All You Want To Do Is Go Back Home And Switch On The AC. But, Air Conditioner Is Not The Solution Every Time. Have You Thought About The Other Ways To Keep Your Home Cool?

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Here Are Some Tips To Ensure That Your Home Stays Cool, With Or Without Air Conditioner:

1. Maintain Your AC:

Clean Your AC Regularly And More Frequently During Summers. Their Efficiency Will Go Up And Can Make A Difference To The Temperature Of The Room. Start With The Filters Where Dust Settles The Most. The Performance Of Ill-Maintained Air Conditioners Is At Least Five To Ten Percent Lesser Than The Ones That Are Regularly Cleaned. Call The Maintenance Guy At Least Twice A Year. Combine The Use Of AC With Ceiling Fans To Spread The Cool Air Around The Room Faster. This Can Help Increase The Cooling That An AC Provides And Cut Down On The Electricity Bills. Seal All The Vents That Let Out Ducts To Make Sure The Cooler Air Stays Inside.

2. Keep Out Unwanted Heat:

Keep Out The Heat During Hotter Hours Of The Day. Though You Might Feel That Leaving Windows Open Will Let In The Air, It Will Only Serve In Letting In The Heat If It Is Extremely Hot. Keep The Doors And Windows Closed In The Afternoon And Open Them In The Evening When The Temperature Goes Down. That Will Let In The Cool Air. If It Is Not Possible For You, Close All The Windows – At Least, Close The Ones That Bring In Direct Sunlight.

3. Use White Window Shades/Blinds:

The Age-Old Trick Of Using White Coloured Window Blinds And Shades Can Cool Your Home By A Great Degree. Bamboo Shoots Around The Window Are The Best Heat Absorbers That You Can Find. A Number Of New-Age Blinds Are Made Of Bamboos. Choose Tightly The Woven Ones To Ensure The Air Is Cooler As It Crosses Them. Many People In Hotter Areas Of The Country Also Invest In Window Reflector Films That Let In The Light And Keep Out The Heat.

4. Cook During Cooler Hours Of The Day:

Cooking Generates A Lot Of Heat And Tends To Linger Especially In Smaller Homes, Like Apartments. Delay Or Advance Your Cooking Hours Earlier In The Morning Or Later In The Evening. That Can Ensure That Heat Is Lower. Using A Lot Of Machinery Also Generates Heat In The House Like Washing Machines And Steam Irons. When They Are Not In Use, Unplug Them.

5. Turn Off The Lights:

Florescent Bulbs Generate A Lot Of Heat. Turn Them Off When They Are Not In Use. If Possible, Replace Them With LED Lights That Do Not Generate As Much Heat.

6. Use Cooling Mats:

Replace The Sheets On The Bed And Sofa Covers With Cotton Fabrics. Also Use Straw And Bamboo Mats That Absorb Heat.

Also Read: Why Should You Check Your CIBIL Score Before Buying A House?

Read More About Thane Real Estate Blog, Resources, Thane Property Articles By Ace Constructions – Builder In Thane

To Know About 2 BHK Flats In Thane Visit Ace Constructions Sales Office In Thane

 

Why Should You check Your CIBIL Score Before Buying A House?

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Most Of People Of Current Generation Buy Their First House Even Before Getting Married And With The Advent Of Credit Information Bureau Like CIBIL, The Knowledge About Your Own Credit Score And Credit History Has Become Very Important In Your Decision To Buy A House. Let Us Discuss Why It Is Important For You To Check Your Credit Score And CIBIL Report Before You Take Any Concrete Steps Towards Buying A House With Home Loan.

 

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Importance Of Credit Score And CIBIL Report:

 

Importance Of The CIBIL Score In Your Housing Purchase Decision

With People Buying Their First House At The Beginning Of The Career, It Is But Natural For The Current Generation To Take A Home Loan To Fund The Purchase Of The House. Before Giving You Home Loans The Home Loan Lenders Calls For Your Credit Score And Credit History From Any Of The Credit Information Bureau.

TransUnion CIBIL Limited Being The Pioneer In The Field, The Acronym CIBIL Has Become Synonymous With Credit Information Bureau. All The Banks And Financial Institutions Are Required To Share The Details Of Loans And Credit Cards Transactions Of Their Customers With These Credit Information Bureaus Like CIBIL.

Based On Your Credit Transactions And Payment History Of Credit Cards And Loans, The Software Of Credit Information Bureau Analyses These Transaction On Various Parameters And Generates A Credit Score. While Generating The Credit Score Due Weight Is Given To Your Timely Payment Of Your Credit Card Dues As Well As Regular Servicing Of Any Loan Which You Have Taken.

Thus The Credit Score Is A Proxy Of Probability Of You Regularly Paying Your Home Loan In Future. Moreover The Home Loan Lenders Prima Facie Give Importance To Your Credit Score In Order To Decide Whether To Proceed With Your Home Loan Application On Not.

As Per CIBIL Data More Than ¾ Of The Home Loan Were Given To The People Whose CIBIL Score Was 750 Or Above. The Score Is A Product Of All The Data Of Your Credit Transaction Reported By Various Lenders To The Credit Information Bureau.

 

Why You Need To Obtain Your CIBIL Score Before Buying A House

Since Most Of The Home Purchases Are Made With The Help Of Home Loans, The Success Of The Deal Of Home Purchase Is Dependent On You Ultimately Getting The Home Loan Budgeted In The Funding Pattern Assumed By You. So In Order To Assure Yourself That You Are Prime Facie Eligible To Avail The Home Loan Based Your Credit History With Credit Bureaus, You Should Obtain Your Credit Report And Credit Score Well In Advance Before Even You Pay Any Token Money To The Seller Or The Developer.

It May Happen That Due To Some Mistake On The Part Of The Lending Institutions Some Wrong Adverse Entry Is Reported And Is Appearing In Your Credit Report Which In Turn Would Have Affected Your Overall Credit Score Adversely.

For Example Unrecoverable Credit Card Outstanding Dues, In Respect Of Some One Else And Written Off By The Lender, Is Appearing In Your Credit Report. Or Some Of The Payments Made By You Towards Your EMI Of A Personal Loan Is Not Reflecting In The CIBIL Report Due To Any Reason.

So In Order To Ensure That Such Mistakes Do Not Appear In Your Records When The Prospective Home Loan Lender Approaches The Credit Information Bureau For Your Credit Score, Yyou Need To Get Any Such Errors Corrected. Since The Process Takes Some Time As You Will Have To Write To The Lender Concerned With A Copy To The Credit Information Bureau Like CIBIL And Chase The Reporting Bank Or Financial Institution To Respond.

With Increased Prices Of House The Amount Of Token Money Required To Be Paid Has Also Gone Up Accordingly. So In Case You Have Already Paid The Token Money To The Seller Before Applying For Home Loan, It May Happen That Your Home Loan Application May Be Rejected Due To Your Credit Bad Credit History As The Credit History Might Have Been Impaired Due To Your Bad Credit Transaction Or May Be Due To Some Wrong Reporting By The Lender Institutions.

In Such A Case Your Token Money Can Also Be Forfeited. Even If The Token Money Is Not Substantial, The Dream Of Owning A House May Get Shattered. So You Should Obtain The Credit Report And Credit History Even Before You Start The Exercise Of House Hunting So That By The Time You Are Ready With Your Upto Date And Duly Corrected Credit Report At The Time Of Making Home Loan Application.

As Doctors Advise Us To Go For A Regular Health Check Up Every Year After Completion Of 35 Years Of Age, I Would Strongly Advise All The Potential Borrowers To Go For “Annual Credit Health Check Up” By Obtaining Your Credit Score And Credit History.

As Per The RBI Mandate All The Credit Information Bureaus Are Required To Make The Credit Score And Credit Report Available Freely Once In A Year To Every One. So Though The Regular Health Check May Cost Your Some Significant Sum Of Money, Going For Regular Annual Credit Health Check Up Will Not Cost You Anything.

On The Contrary Such Pro Activeness May Sometimes Help You Save Forfeiture Of Significant Earnest Money In Case Of House Purchase Deals.

Obtaining Annual Credit Score And Credit Report Will Help You Keep Your Credit History Relatively Clean And Will Prompt You For Timely Corrective Step.

So Do Not Wait Till You Actually Make Home Loan Application, Go And Obtain The Credit Report Of Not Only Your But All The Family Members Whom Who Are Contemplating Making Joint Applicant For The Home Loan And Joint Owner.

Also Read: Top 5 Home Preparation Tips Before Unpacking

Read More About Thane Real Estate Blog, Resources, Thane Property Articles By Ace Constructions – Builder In Thane

 

To Know About Property In Thane Visit Ace Constructions Sales Office In Thane

 

Top 5 Home Preparation Tips Before Unpacking

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From Deep Purging To Fixing The Repairs, Moving Into A New Home Calls For Attention To Minute Details. We Shares List Of Things You Should Strictly Follow To Prepare The New House Afore Unpacking.

Despite The Ex-Homeowner Conducting All Requisite Upgrades Including Deep Purging, It Is Necessary To Participate In The Cleaning Process And Assure That The New Apartment Is Completely Unsoiled And Safe For Your Family. We Brings You The List Of Areas That Are Usually Ignored By The Landlord And Can Risk Your Family’s Safety And Health.

Thane Real Estate Blog by Ace Constructions
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Prepare The Home Before Unpacking:

Clean Everything Above Your Head

Ceiling Fans, Blinds And Chandeliers Could Be The Major Dust Receptacles And Should Be Treated Before Unpacking The Boxes. Doing This Will Prevent The Floating Dust From Settling On Your Favorite Furniture And Accessories. To Ensure An Effective Cleaning Process, First Dry Mop The Blades And Blinds, Followed By Slightly Wet Mop.

Deep Purge The Air Ducts

It Is Important To Consider The Air Duct Cleaning For Possible Reasons Such As Substantial Mold Growth, Vermin Infestation And Excessive Clogging Owing To Dust And Debris. According To Kuntal Vyas Aggrawal, “Duct Cleaning Is Important To Improve The Air Quality Inside A House. It Generally Involves Cleaning The Components Of Various Heating And Cooling System Of Forced Air Including The Supply And Return Air Ducts And Registers, Heat Exchangers, Heating And Cooling Coils, Condensate Drain Pans, Coils And Grills, Fan Motor And Fan Housing, And The Air Handling Unit Housing.”

Pest Control

Pest Control Is One Thing You Should Certainly Undertake After Moving Into A New Apartment. From Bed Bugs, Termite To Bees And Wasps And Cockroaches, There Are Several Types Of Pests That Attack Your Home Every Season And Can Damage Not Only Your Favorite Furniture But Also Take A Toll On Your Family’s Health. Thus, It Is Important To Ensure Timely Measures To Exterminate Pest And The Best Time Is To Get It Done Right After Moving Into The New Place As It Will Be Easier To Do The Needful In An Empty Space Than A House Full Of Furniture.

Disinfect The Common Touch Points

This Becomes Utmost Necessary, Particularly, When You Are Moving Into A Rental Property. Areas Such As Toilet Seats, Tubs, Sinks, Doors, And Windows, All These Areas Are Major Sources Of Germs And Require Deep Cleaning. Probably Wielding A Can Of Disinfectant Would Suffice. Some Of The Common Known Disinfectants Are Baking Soda, Tea Tree Oil And Hydrogen Peroxide.

Floors And Walls

Scouring Floor With Furniture Around Could Be A Painful Task. Thus, Deep Clean The Floor While They Are Still Clean. Not Only Will It Be Hassle-Free But Would Also Save A Lot Of Time And Energy Which Otherwise Might Get Wasted In Shifting The Furniture And Accessories. Any Repair (Broken Tile) Should Also Be Considered At This Time As It Will Be Much Easier To Fix Them Immediately After Shifting.

Also Read: Home Loan Tips: Negotiate The Best Terms While Applying For A Home Loan

 

By: 99acres.com