Nimmadhi Property Management

To rent or buy a home is a question that most people are confused about at some point in their life since it involves striking a balance between one’s accommodation need and financial considerations. However   with growing number of elderly choosing to live separately. This dilemma is being faced by them too. The Indian family structure is gradually changing with increased number of young people moving out of their parent’s   homes and choosing to live on their own. Often, it has been seen that it is the Senior Citizens of the family who choose to move out and live independently. Experts share that buying a home after retirement might not be feasible for everyone which makes renting a good choice instead. Let us discuss the advantages and disadvantages of renting a home after retirement. Relocate closer to amenities Retires have the freedom to rent a home near the amenities they require such as parks, hospitals and community centers. While you may have b...

Unlike the common belief, the reduction in the Good and Services Tax (GST) levied on affordable housing from 12 percent to eight percent has failed on provide the much-needed respite to both the builder and the buyer fraternity. What will trigger a boom in the affordable segment is a tax-free status say experts. Affordable housing is touted as the   ”Sunrise segment” in the Indian   residential real estate. The government has undertaken various initiatives that make it advantageous for home seekers, and offered multiple incentives helping developers create additional housing stock in this segment. From granting ‘infrastructure Status’ , subsidized loans, and Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY) for buyers to increased Floor Space Index(FSI) and concessional loan rates for developers, the government has introduced multiple measures to ensure demand-supply parity in the affordable segment. However, the levy of a hefty Goods ...

Property Management (Rent out and Manage your Property) Testimonials    from Property Clients: Our Services ·           Making the property  rent-able ·          Find a suitable tenant ·          Assist with legal, police and society formalities ·          Rent and security deposit collection from tenant ·          Handle rental issues and concerns from owner ·          Assist with payment of utility bills ·          Handle tenant extensions and agreement renewals ·          Manage tenant exits, deposit returns and deductions for damages Why Nimmadhi? ·          Only professional end-to-end property m...

The Real Estate Regulation and Development Act, 2016 (RERA) came in to force a little more than a year ago. A lot has been said about how in the last one year not much has been achieved by it. However, there is one good thing that has been introduced by RERA-title insurance. The Act mandates the purchase of title insurance for all new and ongoing property developments registered with the regulatory body.  HDFC Ergo, a general insurance company, has recently launched 'Title Insurance Policy', a first of its kind product in the private insurance segment in India. Essentially, it provides indemnity to developers and the subsequent owners of the property against losses and risks related to defects in the title arising out of third-party challenges.  Now, before we tell you what title insurance covers, here is a look at why there is a need for such a product.  Dispute due to title of property  A big worry among home-buyers, especially now, is the delay in ...

Gated communities that have jumped on the bandwagon of intelligent home security have realized their perks at multiple levels. Lets’ delve into the top five in this article. It was not too long ago when the great Indian dreams was that of owning an immaculate bungalow surrounded by a sprawling compound and manicured lawns. But try to sell that dream to middle-class urban –dwellers today and they will likely wave it away in an instant. The new breed of tenants that largely consist of pensioners and millennial are migrating away from isolated homes in search of a sense of community and security. They find that sweet spot in the folds of gated communities that are quickly burgeoning across top metropolitan cities. Thought gated communities are rapidly growing in popularity’ they also come with their fair share of challenges. A typical apartment complex with 400-500 units will likely experience a daily footfall of 1000-1,200 in the form of delivery services, in-bound visitor v...

It has been a harsh summer, but monsoons are right around the corner to save us from the scorching sun.it is the ideal time to sit indoors and enjoy the glorious view. Through the rains bring in a new ease of life in nearly everything, with it also comes humidity, seepage, patches on the   all, sewage blocks and others problems. Homeowners must be weary of the damage and understand how to combat such situations. Here are some ways in which you can protect your home during the rains: Clean Wooden Furniture Begin with using a dry cloth to wipe wooden furniture. The high level  of moisture in the air can damage furniture. Cleaning agents designed explicitly for wooden furniture can be used. Change your house decor to keep the wooden furniture away from any leaks or windows to protect it from water and any damage. Water-proofing walls In addition to furniture, Walls must also be saved from the accumulation of water, Damp walls can impact the health of the i...

கிரைய பத்திரம் பதியும் போது கவனிக்க வேண்டிய 16 விஷயங்கள்! 1. ஒரு நிலத்தை ஒரு நபரிடமிருந்து விலை கொடுத்து வாங்கி உங்கள் பெயருக்கு மாற்றி கொள்வதற்கு போடப்படும் ஆவ ணம் தான் கிரயப் பத்திரம் ஆகும். 2. மேற்படி கிரயப்பத்திரம் முத்திரை தாள்களில் எழுதப்பட்டு சார்பதிவகத்தில் சாட்சிகள் முன்னிலையில் பதியப்படுவது தான் கிரயப் பத்திர பதிவு ஆகும். 3. எழுதி கொடுப்பவரின் பெயரும் & இன்சியலும், அவரின் அடையாள அட்டை, பட்டா . மின் இணைப்பு, முன் பத்திரம் மற்றும் இதர ஆவணங்களில் உள்ளது போலவே பத்திரத்தில் எழுதப்பட்டுள்ளதா என பார்க்க வேண்டும். 4. எழுதி கொடுப்பவர், ஏற்கனவே முன் வாங்கிய கிரயப்பத்திரத்தில் உள்ள அவரின் முகவரியும், தற்போது இருக்கும் முகவரியும் ஒன்றா என்று பார்க்க வேண்டும். இரண்டும் வேறு வேறு முகவரி என்றால் இரண்டு முகவரியும் இப்போது எழுதுகிற கிரைய பத்திரத்தில் காட்ட வேண்டும். 5. கிரயம் எழுதி வாங்குபவரும் தன்னுடைய பெயர் , இன்சியல், முகவரி ஆகியவை அடையாள அட்டையுடன் பொருந்தும்படி பிழையில்லாமல் இருக்கிறதா என்று பார்க்க வேண்டும். 6. கிரயம் எழுதி கொடுப்பவருக்கு சொத்து எப்படி வந்தது, ...