5 MUST-HAVE SMART HOME APPLIANCES FOR HOME BUYERS

In an era where everything from your phone to books is a smart appliance, it is only understandable that one would also be looking for a ‘smart’ home. What exactly this entails is a lengthy narration, but here are a few appliances that we think could essentially make your life much simpler and more comfortable.

Moving to a new home can sometimes be daunting. When working adults leave home for office, the kids are still learning their way around the new environment. Another instance is, if you go away on a weekend getaway or vacation, you tend to worry about your home security in the new neighbourhood. In such situations, a Smart Home Security System comes in handy.

1) A Smart Home Security System

Moving to a new home can sometimes be daunting. When working adults leave home for office, the kids are still learning their way around the new environment. Another instance is, if you go away on a weekend getaway or vacation, you tend to worry about your home security in the new neighbourhood. In such situations, a Smart Home Security System comes in handy.

With the help of such a device, you can keep watch over your house and your kids’ safety all the time. You can get a 100 percent wireless Wi-Fi security camera equipped with night vision, to give you crystal-clear high-definition video around the clock. In most cases, these cameras are the size of your fist, are weatherproof and work smoothly even after continuous usage. Some of these home automation systems use cameras that are battery operated, so you can set up the camera wherever you want to without worrying about finding a power outlet or the hassle of inconvenient power cords. You can not only watch live streamed or recorded videos but also control this system with an app on your mobile phone from anywhere.

2) Internet-Enabled Smart Switch

A Wi-Fi enabled Switch lets you turn on or off your electronic devices from anywhere. These switches provide a wireless control for TVs and stereos, lamps and heaters, fans and coolers, all by using your existing Wi-Fi network. All you have to do is download the free WeMo App on your smartphone or tablet, plug the switch into an outlet at home and plug any device into the switch. These smart home appliances give you wireless control of your other electronic devices and gadgets.

The switch also operates over mobile internet, which means you can control home devices from anywhere in the world. The app makes it easy to set schedules for appliances and electronics in your smart home. Use your smartphone or tablet to program a fan to turn on or off at a certain time of day, at sunrise or sunset. So now you can switch on your music system to go full blast every morning to wake you up! Or you can program your AC to start cooling when it is time for you to come home from work or school.

3) Smart Cleaning Robot

Our busy lives often don’t give us enough time to do our house cleaning. When we do make time rarely, we easily get tired of dragging the heavy vacuum cleaner to all corners of the house. In such cases, a robot vacuum cleaner comes to rescue you. These home automation robot vacuum cleaners look like a sleek black disc. Using a pair of rotating extractors instead of brushes, this robotic device acts as your own house-cleaning UFO, ridding your floor of all kinds of dirt and debris. At the bottom end, there’s a discreet compartment where all the dirt collects. All you have to do is empty this when it’s full; it easily pops out and clicks back in place.

One can also schedule such robotic cleaners to clean at a specific time. Say, if you want it to vacuum every Monday, Wednesday and Friday at 3 pm, it’s just a matter of pressing a couple of buttons to schedule this. You will be amazed at the ability of this cleaner to clean along corners, around furniture legs, under the beds, rough edges and all kinds of nooks and crannies, letting you relax while it takes care of all your house cleaning chores!

4) Smart Lighting

Imagine coming home after a hard day’s work. As you sit down on your favourite armchair and switch on the lights, your favourite songs start playing in the room. These newly arrived LED Bulbs make this scenario possible. These pearl white, easy-to-install speakers make for quirky LED lamps in your room. Just plug these smart home appliances into your regular bulb holder and play music through any Bluetooth-enabled mobile phone, tablet or laptop. Both the light and speakers operate independently, so you can switch off the bulb while still playing the music or vice-versa.

There is also an infrared-connectivity-based remote for changing the sound track. So once you set your soundtrack with your smartphone initially, you can control the music directly using the remote control after that.Unlike other Bluetooth-based speakers, this doesn’t require any charging and runs on electricity. The LED bulb comes with low power consumption and features two colour modules – cool white for high brightness and light yellow for soothing mood lighting. Here’s an appliance that’s both smart and cool!

5) Wi-Fi Enabled Air Conditioner

Indian summers can be very tough! The hot and humid climate along with the harsh blazing sun sucks the energy out of people. However comfortable your new home may be, one just cannot escape the heat waves. A smart solution would be to get yourself the newly launched Wi-Fi enabled air conditioners.

Your home automation is incomplete without these Wi-Fi enabled ACs which use your home’s Wi-Fi network to connect with your phone and also works on 2G, 3G and 4G data networks. They can be controlled from anywhere through your phone, if you have a working internet connection. The AC connects to your phone like it would to a remote. The ‘away’ mode on the AC tracks your smartphone’s current GPS location and accordingly switches the AC off to conserve power if you are out of range. You can also use your phone to turn on your air conditioner before you reach home, so when you reach home tired and sweaty from school/college/work, you are greeted by a cooled room. These smart ACs are here to stay!

With even one of these devices tucked under your belt, life is sure to become immeasurably more comfortable and fun. You personalise your desktop, phone’s wallpaper, workstation desk and bedroom décor. With these smart home appliances, you have the opportunity to personalise your entire lifestyle as well!

SPACIOUS FLATS IN GHODBUNDER ROAD, THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in  

 

SMART WAYS TO BALANCE SHADES

The Fevicol Design Ideas team outlines 5 rules to follow when decorating with colour

A little colour can do wonders to brighten and liven up a dull, drab room. However, working with colour can sometimes be an over-whelming experience. Where do you start? What are the dos and the don'ts? If you're looking to add a splash of colour to your interior decor, here are 5 rules you must follow to pull it all together.

The report further highlights that, Ahmedabad, Chennal, Hyderabad, Kolkata and Nine noted an uptick in housing sales during Q2 Fr 17, even as most other cities witnessed subdued sales. Sales in Kolkata and Hyderabad in creased by 35% and 24% respectively over the previous quarter. The study covered nine key Indian cities of Mumbai, Pune, Noida. Gurgaon, Bengaluru, Chennai, Hyderabad. Kolkata and Ahmedabad.

Rule #1: Use the 60.30-10 ratio

Every beautifully designed room is invariably divided into percentages of 6040-10. So, when decorat-ing a particular room, divide the colours into these percentages :

• 60% of a dominant colour
• 30% of a secondary colour
• 10% of an accent colour

Rule #2 : Use a colour wheel for Inspiration

Trying to decide on the right cob our scheme for a room or an entire home can be difficult. You can simplify the process by using a colour wheel and narrowing down your choices. A complementary colour scheme chooses colours that are across from each other on the colour wheel, such as red and green, blue and yellow or purple and orange.

Rooms decorated with a complementary colour scheme tend to provide a clear separation of colours and often, are more formal and visually challenging. An analogous Colour Scheme chooses colours next to each other on the colour wheel such as yellow and green, blue and violet or red and orange. Rooms using an analogous colour scheme are typically more casual, restful and muted in terms of colouration.

Rule #3: Take a cue from mother nature

Still don't understand which colours to pair together or what colour value/ shade/ tone to use to. gether and how to create soothing and harmonizing colour combinations? Try designing your interior space by replicating the colour values of the outside world. After all, interior designs are basically our attempt to imitate Mother Nature who just so happens to be a great colourist!

Rule #4: Seasonal colours

The 10% accent colour you use can be changed from time to time. It's a good way to keep colour monotony at bay too. Seasonal colour variations are a painless way to spruce up colours in your decor. Fall colours such as mustard yellows, russets and browns will create a calm and subdued space, perfect for resting. Spring colours, on the other hand, are more uplifting; pinks, lilac, and saffron yellow impart a naive, fresh look to a room. Soothing pastels for summers and bright jewel tones for winters, these colours are easily incorporated with the use of cushions, rugs, and other decor accessories.

Rule #5 : try contrast

A high contrast space appears clearer and more highly defined than a space that incorporates low contrast. An effective scheme needs opposing tones traditional blue with white, dove grey with pink or white, and mustard ac-cents with grey or offwhite, are all tried-and-tested combinations. Whites and offwhites are a good foil for many colours and essential for defining spaces and 'resting the eye while a dash of yellow or red will lilt a blue background. Combining white and black with grey is very low key and also creates a restnal space.

3 BHK FLATS IN GHODBUNDER ROAD, THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in  

 

 

REALTY MARKETS WITNESS UPWARD TRENDS

PropTiger's Realty Decoded report 02 FY`17 reveals that residential sales in top 9 cities witnessed growth of 12% annually

The top9 cities of India witnessed launches of about 47.000 new residential units compared with 41.000 units in Q1 FY'17 to clock a quarterly growth of 14%. shows the leading online real estate advisor PropTiger's 'Realty Decoded' re-port for the July-September quarter of financial year 2016-17 (Q2 FY'17). Residential sales across top9 cities of India in Q2 FY'17 increased by 12% over Q2 FY'16, an increase in sales from 48.976 units in 02 FY'16 to 54,721 in Q2 FY'17.

The report further highlights that, Ahmedabad, Chennal, Hyderabad, Kolkata and Nine noted an uptick in housing sales during Q2 Fr 17, even as most other cities witnessed subdued sales. Sales in Kolkata and Hyderabad in• creased by 35% and 24% respectively over the previous quarter. The study covered nine key Indian cities of Mumbai, Pune, Noida. Gurgaon, Bengaluru, Chennai, Hyderabad. Kolkata and Ahmedabad.

Key contributors

According to the PropTiger studs Mumbai. Pune and Bengaluru contributed nearly SA% to the to tai absorption wIlmased In Q2 1.1"17. Mumbal contributed the most to sales, accounting for 21% or total sales during the quartet folkiwed by Pune and Beni:alum accounl for 19% and 17% re. spectively. during the Q2 fl' 17.

Policy Impact

Commenting on the report Sunil Mishra. Chief Business Officer (Primary Sales and Developer So-lutions). PropTigeccom. said: "The repo rate cut by the Reserve Bank of India (RBI). discounts and schemes offered by developers and the Real Estate (Regula-tion and Development) Act (RERA) are all expected to in-crease the confidence of customers resulting in higher sales in subsequent quarters."

Inventory levels

According to the research and analysis presented in the report. the inventory overhang remained unchanged at 35 months. indicating that demand is moving in tandem with supply. Unsold invento-ry across the top-9 cities declined barring Ahmedabad. Kolkata and Pune.

Pries proposition

The report also highlights that developers across top-9 cities of India have been reluctant to reduce residential prices and have in• stead been offering deferred and flexible payment schemes to entice buyers. Thus. overall prices across the cities remained range-bound during the quarter.

2BHK & 3BHK SPACIOUS FLATS IN THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in  

 

SMART MOVES FOR HOME BUYERS

An ET Wealth survey shows a lot of people plan to buy property in the next one year

After a hibernation lasting nearly five years, home buyers are planning to go shop ping again. More than 60% of 1,181 respondents to an online survey say they are likely to buy property in the next 12 months. The survey, was conducted after the RBI cut rates.More than 16% of the respondents say they plan to `definitely buy' real estate in the next one year (see graphic). “Many fence-sitters have realised that it makes sense to buy a home now, when prices have not risen too much,“ says Anuj Puri, Chairman & Country Head, JLL India.

The bullishness is more pronounced in cities such as Hyderabad and Pune, while buyers are not so keen in NCR and Bangalore, where high prices and huge inventory have dampened demand. However, buyers are not rushing in with eyes wide shut. They are acutely aware that in the coming years, returns from real estate may not be able to match those from other asset classes. “Over the next one year, the appreciation of real estate prices will, at best, be inflation-linked,“ says Samir Jasuja, Managing Director and CEO of realty portal PropEquity .

Returns from real estate also tend to be jerky. Therefore, investors should not go for property if their investment horizon is less than five years. Our survey shows that more than half (53%) of the respondents will buy property only for their own use, and 19% will buy it as investment. There is another 18% who will buy for both own use and investment.

Buyers are also mindful of project delays. This is why a significant majority (66%) want to buy ready-to-move-in properties, and only 22% are willing to consider under-construction flats or prelaunch offers. Even though the Real Estate Regulation Act, 2016 has been passed, not many people are aware of how it will make a difference. Barely 35% of the respondents feel that the Act will protect the interests of buyers.

Seeing the surge in buyer interest, we reached out to experts to find out what people should keep in mind when they purchase property. We list out smart moves that can help buyers get the maximum bang out of their bucks.

RENT OR BUY

In the last five years or so, the Indian financial market has become quite stringent. Therefore, it is essential to maintain a healthy CIBIL credit score. Your CIBIL credit score is generated basis the CIR created and is used for evaluating your eligibility for any kind of borrowing. A CIR is an individual's credit payment history across loan types and credit institutions over a period of time.

Younger people will find renting a better option because it gives them the freedom to relocate. As the job market becomes more competitive, a person who is tied down to a property by a mortgage may end up sacrificing emerging opportunities elsewhere. However, in some cities, property prices have not run up too much. “If the EMI is not significantly higher than the rent one is paying, the person should buy the house,“ says Rishi Mehra, Founder of Deal4loans. He points out that while rent is paid to the landlord, the EMI payment also helps create an asset for the borrower.

CONSOLIDATE YOUR FINANCES

If you have decided to buy, figure out how much you can raise for the down payment. The bigger the down payment, the smaller your EMI and the lower the stress on your monthly budget. However, in attempting to enhance the down payment, don't dip into investments meant for critical goals. You also need to assess the loan amount you are eligible for. Lenders typically keep the EMI at 30-40% of your net take-home pay . You should also obtain a credit rert. The RBI has mandated that a per port. The RBI has mandated that a person should get at least one base-level credit report free in a year. “Check your credit score so that you don't get a surprise when you apply for the loan,“ says Ranjit Punja, CEO and Co-founder of Credit Mantri. If there is something amiss in your credit history , it may take time to repair it. “If your credit history is not clear, your choices shrink,“ says Manavjeet Singh, CEO and Founder of loan aggregator portal Rubique. It is a good idea to not revolve credit card dues and keep expenses low for 10-12 months before applying for a loan.

Some people even say that one should take a pre-approved loan so that there is little paperwork to do after you find a suitable property. But Adhil Shetty, CEO and Co-founder of Bankbazaar, says pre-approved loans are valid only for 6-8 months. “If you are not able to finalise the deal within that period, you will have to apply afresh and pay the loan processing fees all over again. As a rule, banks will not extend the validity of the pre-approved loan,“ he says.

START RESEARCHING OPTIONS

Experts say bargains are everywhere, because investors are desperate to get out of real estate. “Some investors are exiting at a 0% gain while some are even willing to take a haircut,“ says Jasuja.But buyers will have to do a lot of research to find the bargains.

Don't be tempted to buy outside your city because rates are lower. In many cases, buyers who are unfamiliar with the reputation of builders in another town, get stuck in the wrong project. On the other hand, it may be a good idea to buy in the suburbs to avoid the bustle of the city yet live not too far from work.

An expert agent can help identify properties that suit your requirements.He will be able to locate properties, have a preliminary talk with the owners, and even bargain on your behalf. A fee of 1% of the value of the property is not too much to pay for these services.

GET READY FOR EMIS

You also need to zero in on the best loan provider. Loan aggregator portals act as matchmakers between lenders and borrowers. Take a loan you can comfortably service. One way to assess if you will be able to afford the EMI is by putting away an amount equal to the EMI in a recurring deposit or a short-term debt fund.This will get you into the habit of saving that amount every month.

CONSIDER COMMERCIAL REALTY

If the purpose of buying real estate is purely investment, a better alternative could be commercial properties where things are looking up. But here too, one should go for Grade A assets, not B or C.The rentals should be in line with prevailing market rates.

REAL ESTATE PROJECTS IN THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

 Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in  

ROLE OF CIBIL SCORE

In order to understand a CIBIL or CIBIL TransUnion score, it is essential to know what CIBIL is. Credit Information Bureau India Limited (CIBIL) is the first credit information company founded in India. It records and maintains credit details of individuals. These include details such as payment records of loans and credit card bills received from member banks and financial institutions. This information is then used to create Credit Information Records (CIR) and credit scores. This is shared with all the banks and financial institutions for evaluation and sanctioning of different types of loans.

CIBIL score and its calculation

In the last five years or so, the Indian financial market has become quite stringent. Therefore, it is essential to maintain a healthy CIBIL credit score. Your CIBIL credit score is generated basis the CIR created and is used for evaluating your eligibility for any kind of borrowing. A CIR is an individual's credit payment history across loan types and credit institutions over a period of time.

A CIBIL credit score can be explained as a 3 digit numeric outline of your credit history. It is calculated on the basis of your complete borrowing details such as repayment record, repayment pattern, the number and type of loan accounts and outstanding debts and default instances (if any). It ranges between 300 and 900 points. A healthy or a high credit score is important to get loans effortlessly. The higher the points i.e. close to 900, higher are the chances of getting loans from a lender (bank of other financial institutions in India). A low score (close to 300) indicates defaults in the repayment pattern or other discrepancies pertaining to borrowings in the past.

However, each bank or financial institution has its own benchmark for home loan eligibility and approvals. Your CIBIL score is the first thing banks refer to when you apply for a loan or a credit card. It is one of the most important criteria to decide your eligibility for a loan or a credit card

How to improve your CIBIL score?

A low CIBIL credit score can not only weaken your chances of getting credit at a modest interest rate but can also make it extremely difficult and cumbersome to get loans sanctioned. However, if you follow the simple tips mentioned below, you might be able to maintain and improve your credit score immensely.

Make payments on time: You must be very punctual about paying off your credit card bills and other utility bills in order to maintain and further improve your CIBIL score. If you have any outstanding bills, ensure that they are fully paid off, in time. Use methods such as online payments or automatic deduction from your account to avoid missing on any payments.

Do not take too much credit: It is a common notion that having multiple credit cards is an easy way to get credit. However, what home buyers fail to realize is that owning multiple credit cards sends out a signal that you are desperate for credit and this might reduce your chances of getting credit or a home loan when you actually need it.

Use your credit card wisely: It is essential to use your credit cards wisely. Do not exceed your card limit. In fact, try and use only up to 75 per cent of the limit. This indicates calculated spending, which is a positive point from a lender’s perspective.

Avoid applying for too many loans: When you apply or enquire about loans with banks, an enquiry from the bank is sent to CIBIL. The higher the number of such enquires with CIBIL, the more pressure it puts on your credit score.

Keep a check on your credit report: You must get a copy of your credit report periodically to ensure that all details are correct. In case you find any mistakes that might hamper your credit score, you must immediately report it to CIBIL. You can get your credit report on the CIBIL website.

Have a right mix of secured and un-secured loans: Secured loans such as home loans, which are taken for creating additional assets, have a positive impact on your CIBIL credit score. On the other hand, un-secured loans such as car and personal loans may adversely impact your CIBIL score.

SPACIOUS FLATS IN WAGHBIL, THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in  

MUMBAI METRO NETWORK ON AN EXPRESSION SPREE

Maharashtra authorities are intent on expanding the Mass Rapid Transit System (MRTS) network across Mumbai, Thane as well as Kalyan. Acting towards that goal, Mumbai Metropolitan Region Development Authority (MMRDA) has approved the Thane-Bhiwandi-Kalyan Metro line 5 and Lokhandwala-Jogeshwari-Vikhroli-Kanjurmarg Metro line 6.

The Mumbai Metro line 5 linking Thane, Bhiwandi, and Kalyan will be 24 km long with 17 stations while the Metro line 6, the Lokhandwala-jogeshwari-Vikhroli-Kanjurmarg corridor, will be 14.5 km long with 13 stations. Metro line 6 is an important East-West corridor which will decongest SV road, Link road, and JVLR. Both lines 5 and 6 will aid in taking the burden off the suburban railway networks.

These projects will need the State Cabinets approval before tenders for the same can be invited. Chief Minister Devendra Fadnavis announced that with the approval of these two new Mumbai Metro corridors, the Maharashtra government has cleared about 170 km of Metro network in Mumbai in two years. He asserted that all the projects will commence by 2018 and are expected to be completed within four years of launch.

Fadnavis further shared that the Detailed Project Report (DPR) for connecting Dahisar with Mira road via a Metro line will soon be prepared. The Mira road-Virar stretch has witnessed immense growth in population due to affordably priced housing options. However, this has caused overcrowding in trains that ply this area which hikes the occurrence of accidents.

SPACIOUS FLATS IN WAGHBIL, THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in 

5 EASY WAYS TO UPDATE A ROOM

You don’t have to hire a decorator (or break the bank) to give a room a quick update with lots of impact. So whether you’re getting ready to sell, have just moved in or feel like a mini overhaul, these five tips will have you enjoying the room of your dreams in no time.

Change Your Fabrics

Replace your curtains, re-cover your throw pillows, buy a new rug, Any one of these easy fixes can make a big impact; but all three will completely change the entire room! And if it’s a bedroom you’re tired of, same rules apply: Replace the duvet cover, re-cover the headboard, and toss a few new pillows on the bed.

Freshen Up With Paint

Whether you tackle an entire room, or maybe an accent wall or two, a new coat of paint is probably the easiest way to change a room. From light and bright to dark and dramatic, paint can completely alter the mood.

Re-Organize A Bookshelf

Bookshelves are amazing; not only do they keep your books organized, but they can also serve as great focal pieces. Try colour-coding your books or arranging them in stacks instead of side-by-side. Remove an entire row of books and replace them with framed family photos or bright accent pieces. Sometimes all a room needs is a shift in thinking about it.

Update Your Art

Updating the art on your walls is a great way to showcase the family talent. Frame your daughter’s sketches from high school (no one will know it’s not a real Picasso) or your son’s first finger painting. Or grab a blank canvas and paint it a bright colour to hang in the kitchen (you don’t have to be a Fine Art grad to add some basic pops of colour!). And the best part of this approach is once you’ve bought the frames, the art can be rotated throughout the year at no extra cost.

Add An Accent

Is your bathroom feeling boring or your living room giving you the yawns? Pick bright, colourful wallpaper and add an accent wall! Paint stripes in your dining room, or buy a chandelier for your front hallway. Adding an impressive accent is a fun way to give the room some personality without a complete overhaul (of the room OR your bank account).

RESIDENTIAL APARTMENTS IN GHODBUNDER ROAD , THANE Contact PRESTIGE RESIDENCY sales office to Know More @ 022 25985951 - 55

Prescon Realtors & Infrastructures Private Limited

   

201, Prestige Precinct, Near Nitin Casting, Almeida Road, Panchpakhadi

Thane West - 400601

Phone: 91-22-25985951-55

Email: prescon@prescon.in