For years, buying a home has been a measure of financial success. Purchasing a home is one of the biggest financial decisions one makes during their life. This is primarily because an own house is usually the most expensive single purchase an individual or family can make, and often costs several times the annual household income. Given the high cost, most individuals do not have enough savings in hand to pay the entire amount outright. In developed countries, mortgage loans are available from financial institutions in return for interest. If the home owner fails to meet the agreed repayment schedule, a foreclosure, also known as a repossession in some countries, may result.

However, given all those terms, owning a home means having a space that is truly yours. It’s a significant moment of your life when you finally move into your own home. But owning one can be intimidating because of the responsibilities and obligations that come with it, combined with the initial process it takes to get there. This also means commitment and integrity for a longer period of life.

Becoming a homeowner comes with a lot of responsibility, and here are the top reasons why home ownership is the best decision that you can make.

  • Homeownership is an investment: Unlike any other movable assets and many other purchases that decrease in value, a home is a purchase that appreciates over time. This creates the buying and reinvestment power better known as equity.
  • Homes typically increase in value, build equity and provide a nest egg for the future. It is so great an investment that it is always going to be a source of equity to borrow money to suit your changing financial needs such as infrastructural development, education of even medical expenses.
  • Your costs are predictable and more stable than renting because they’re ideally based on a fixed-rate mortgage.
  • The interest and property tax portion of your mortgage payment is a tax deduction. Owning a home can reduce the amount you pay in income taxes each year. Your mortgage interest and property tax payments may be deductible from your federal taxes, as well as many state taxes.
  • These tax deductions are highly significant in the early years of your loan repayment tenure when it is the interest that represents the bulk of your monthly installment repayment schedule.
  • When you buy a home and consistently make your monthly loan payments on time, you Build a Strong Credit History. Building a strong credit history in turn help you maintain a strong CIBIL score and this can help you become eligible for other loans in the future.
  • While home prices move in cycles over the short-term, if you stay in your home for a long time, it could increase in value and give you a substantial return on your investment.

So don’t wait any more. If homeownership has been on your mind, then go for it. But make an informed decision after consulting the right real estate expert.


Buy a Villa that eases your life!

Owning up a Villa is just like a dream come true for many of us out there! Isn’t it? Villas are spacious apartments located in the prime locality and in the suburbs. People look out to invest on a villa to get the best out of the property investment in the future. The only battle is between Villa and Apartment. Many vary between choosing an apartment in the prime locality versus villa in the outskirts. Let’s see how to evaluate Villa buying to the other property types. 

  1. The costlier one:

    Learn the cost of villas in different localities both prime and outskirts to figure the cost of apartments in prime localities. Comparison between the two property types will help you understand which one is the better option. If you have the budget to invest a huge amount on a villa in a prime locality, then nothing can beat the decision.

  2. Locality Search:

    Do not go about choosing Villas in the outskirts. Look out for Villas within the city and in the prime localities of your city. Also, do a quality check of the locality in terms of property appreciation with time. Talk to your real estate expert and understand the right areas to invest to get a higher return on investment.

  3. Resale Value:

    The main objective of property investment is the resale factor. We all secure our future by investing in a property because if in future we need to sell a property, the resale amount of the property is what makes the turning point. Any kind of investment is made to incur higher returns. Similarly, while doing your Villa Property search, know the appreciation value of the property in the next few years. This will help you in evaluating the best property.

  4. Know your finances right:

    To buy a property is not an easy call. One needs to have the investment amount in place. With EMI’s and other customized home, loans have made investment easier in the present. But, it is always better to phase out your finances. In case if one needs support from financial institutions, then one needs to know within how many years can the loan be repaid considering other lifestyle and health factors.

  5. Designing:

    After buying the property of your choice, shouldn’t it give you the feel of yours? Well, many people want to design their house their way. In case of an apartment it might be very restricted because of space, but when it comes to Villas, space is available in abundance. One can easily design the Villa just the way one has dreamt it. Find out that customizing the design your way shouldn’t be an issue. Hire an interior professional and welcome yourself to a dream house!

Yes, the choice of Villa is an extraordinary one. But when one has the finances, the security of the future and the warmth of feeling home, then nothing can beat this decision of investing in a Villa!

Touching Lives with Luxury

Homes that redefine serenity are Celebrity Serenity from the prestigious house of Celebrity Structure. Established few decades ago the firm is dedicated and visionary towards its goals along with extra luxury for every client who approach them. With several successful ventures accomplished it has moved forward creating better and more exquisite abodes abiding to today’s trend.

Celebrity Serenity is an ongoing project in the prime location of Bengaluru; Electronic Phase I. Surrounded by surplus IT hubs, manufacturing industries and automobiles, Celebrity Serenity is one lavish yet cost-effective villa. Professionals who work in these IT sectors have been eyeing this Celebrity Serenity for a plush living. The interiors and exteriors are designed with aesthetics and unique ideas which will leave you mesmerized.

Eco-friendly ambiance with awe-inspiring facilities is available for a complete living. You can be sure to experience a home amidst plush greenery and shining stars which will give you a feel of heaven on earth. The villas are spacious and are quite reasonable within desired budgets. Though it might look too much as of investment it assures that it caters high returns when compared to apartments or duplex homes. This has brought home buyers in flocks to invest in Celebrity Serenity.

When it comes to education, good schools, colleges with high standards can be availed to give you a better future. To have a fun-filled weekend you can avail shopping malls, cineplex’s, and entertainment centres in just minutes away. For all banking needs both nationalised and private banks along with ATM’s 24/7 can be availed. For food lovers you can have access to lip-smacking food joints with varied multi-cuisines are available which will leave your taste buds mouth-watered.

In case of healthcare centres top-notch hospitals with state-of-art facilities can be availed 24/7 for all your needs. Adequate water supply, power supply, security services round the clock and lifts are available along with special features like:

  • Swimming pool for a refreshing evening
  • Yoga and Multi-purpose hall for recreation
  • Gymnasium for fitness lovers
  • Exquisite badminton court
  • Exclusive Kids Play Area
  • State-of-art party lawn with barbeque pitch
  • Attractive Beach volley ball courts
  • Club houses to make your weekend fun-filled
  • Guest room for visitors
  • Library for book lovers
  • Intercoms that connects the whole community
  • Super market with all groceries under one roof
  • Place of worship

With these above ravishing facilities one can’t stop getting a home like this.  The celebrity Serenity is offered with 3 BHK with 1741 Sq. ft – 2074 Sq. ft at Rs. 64 Lakhs – 76 Lakhs on an average. When you invest in these homes and think of renting it out it is sure to give you a precise income on a regular basis. Developers here cater exciting offers during the launch of their projects such as Pre-booking discounts, down payments, attractive holiday destinations, Pre- EMI’s, and other valuable gifts.

So, grab one of these villas for a blissful lifestyle!

Eco-friendly Abodes at Nanmangalam!

Quiet and refreshing locale in the south part of Chennai is Nanmangalam which is just few Km away from the metropolis. Moreover, it is located next to Medavakkam and Velachery road which is present in between Velachery and Tambaram. It encompass the prominent reserve forest which is around 320 hectares and beyond. Further it is home to several birds which are rare to be sighted.

There is also a small area which is allocated for bio-diversity research to Care Earth. As its neighbouring areas like Medavakkam are growing in fast pace, Nanmangalam has also started to grow in all aspects. When it comes to the field of real estate, realtors have been eyeing this place to bring in more ventures for a grandeur lifestyle. Commutation from here to all parts of Chennai is ensured through buses and rails.

For food lovers there is a comprehensive array of sumptuous food joints with varied cuisines which would be a treat to your taste buds. Some of the food joints are Gandivas food truck, Vaniyambadi A2 biriyani, hot chips, Subway, Anjappar, Sigree, Dominos Pizza, and Orion and so on. For all your banking requirements all national and private banks along with their ATM’s can be availed. As of educational institutions world-class schools, colleges and play schools are present for a better future.

Schools include Pole Star Matriculation, Tagore Matriculation, Sacred Heart Matriculation, Apple Kids, Hello Kids, Sproutzkidz- Playschool- Daycare, Kiddies world Play School, Children Courtyard, RR Nursery, Kathiravan School for Special children, Wow Kids Littlestars are present. Colleges such as Ramakrishna Mission Vivekananda, Rajalakshmi, Tamilnadu Government Music College, Kumararani Meena Muthiah College, Patrician College, Asian College, Alagappa College, Doctor Dharmambal, Shankarlal Sundarbai Shasun Jain, Dr. MGR Janaki College etc. Besides, top-notch healthcare centres such as Hindustan Hospital, Fortis Malar Hospital, Apollo Speciality, Star Light Hospital, and Swaram Hospital etc can be availed for all your emergency requirements.

All these amenities have been a boost for emerging of apartments. The apartments in Nanmangalam are sold at cost-effective rates within your desired budgets. One can be sure of double returns in future when you invest in these apartments in Nanmangalam. So, professionals working in nearby IT hubs have been investing in these homes for a peaceful living. The homes here have exotic ambiance and state-of-art amenities along with adequate water supply, power backup lift, security services and so on.

Further the apartments in Nanmangalam are sold with 1 BHK at 610 Sq. ft at Rs. 26 Lakhs, 2 BHK with 870 Sq. ft at Rs. 37 Lakhs and 3 BHK with 1037 Sq.ft at Rs. 74 Lakhs and so on. As of rentals 1 BHK is offered with 550 Sq.ft at Rs. 7,500, 2 BHK with 800 Sq. ft at Rs. 10, 500, 3 BHK with 1270 Sq. ft at Rs. 15,000 on an average. The developers here offer during Pre-launch with Pre-EMI’s, down payments, touring packages, and other exciting gifts which has brought many investors to invest in here.

Rising locality in Chennai – Madipakkam

A soaring locality in the recent times is Madipakkam which is nestled in the southern part of Chennai. Holding a population of 14,495 with men 51% and women 50%, it has an average of 89% literacy. It is close to places like Velachery, Nanganallur, Puzhuthivakkam, Kannan Nagar and so on. Commutation to other parts of the city can be availed through MTC buses and rails.

Access to shopping malls, cineplex’s, entertainment centres and so on can be availed in just minutes away. The presence of IT corridors in the neighbourhoods has been an added advantage to this locality. When it comes to food joints sumptuous array of cuisines can be availed to please your taste buds. Restaurants such as Wangs Kitchen, Perfect Barbeques & Grills, Perfect Dine, Hotel Prasan Sandeepha, orion Restaurant, Ruchi Restaurant, Zaitoon, Sea Emperor, Junior Kuppana, Kumarakom, Sithiq Malaysian Parotta, Pind, and Savoury Sea Shell etc.

As of academics good educational institutions such as Pre-schools, Schools and colleges are available for shaping your future. Asterix Preschool, Srushtee Preschool, Early Expression, Genesis Playschool, Kudos Play School, My First School Sunshine Chennai Senior Secondary School, Pon Vidhyashram CBSE, Holy Prince Matriculation, Sai Matriculation, Prince Matriculation, Brilliant Matriculation, Kalaimagal Vidhya Mandir, Kings Matriculation, St. Augustine School and so on.

Colleges such as Sri Sankara Institute of Engineering, Jerusalem College, Sri Balaji Dental College & Hospital, Asan Memorial College of Arts & Science, Remo International College of Aviation, Guru Nanak College, Rajalakshmi Engineering College, Madras Law College, Jaya College of Education etc are present. Besides, all prominent banks and ATM are present for all your banking needs.

All this have given rise to real estate in this locality. Developers here have been launching different projects with stylish interiors and exteriors. Nature-friendly environment and facilities such as water, power, backup, lifts, and security services are ensured for a peaceful and safe living. Wide array of apartments from 1-3 BHK and more are available.

The apartments in Madipakkam are sure to enthral you as it is luxurious and within the desired budgets. All these projects are delivered within the stipulated time frame. Further, investing in these apartments in Madipakkam is never a loss as it assures high returns in future. So professionals who are working in the nearby IT hubs and investors have been eyeing this locality. So, builders here have come up with captivating offers such as Pre- EMI, down payments, holiday destination places, and other valuable gifts.

Therefore the apartments in Madipakkam caters 1 BHK with 550 Sq. ft at Rs. 25 Lakhs, 2 BHK with 940 Sq. ft at Rs. 55 Lakhs, and 3 BHK with 1440 Sq. ft at Rs. 60 Lakhs approximately. As of rentals 1 BHK is provided with 650 Sq. ft at Rs. 7000, 2 BHK with 1120 Sq. ft at Rs. 12,500, and 3 BHK with 1650 Sq. ft at Rs. 15,000 on an average. With this information get your dream home at cost-effective rate in Madipakkam.

Apartments in Perumbakkam enjoy good rental occupation

Apartments in Perumbakkam have been enjoying good rental occupation. Placed strategically on OMR, the IT corridor of Chennai, the area has seen quick developments in the past five years. Once home to small scale farmers raising vegetables on the land surrounding the Perumbakkam lake, today it’s the ideal place of residence for many of Chennai’s visiting population.

Rental housing makes sure that completed unsold houses stay in the market. It can be said that apartments in Perumbakkam and many other areas benefit tremendously from the rental market. According to local real estate agents, rental prices of apartments in OMR generally have risen and Perumbakkam specifically has become a rental hotspot. There are many factors contributing to it. Let’s have a look at some of the prime ones.

Proximity to IT hubs:

Though OMR is lined with Tech parks and offices of IT giants along the entire stretch, it has two prime points: The Velachery-Taramani junction in the northern end of OMR and Siruseri at the southern end.  Perumbakkam is placed almost in the middle of both the pivotal points. It takes about half an hour for a resident of an apartment in Perumbakkam to reach Siruseri and about 40 minutes to reach Taramani. No wonder, most of the residents in the area are IT professionals.

Employment opportunities surrounding Perumbakkam:

What makes it more special for apartments in Perumbakkam is the fact that the area is surrounded by development and places of employment on all sides.  The Sholinganallur main road which continues to GST road as the Velachery-Tambaram road to reach Tambaram passes horizontally to the North of Perumbakkam. It houses Global Hospitals which is a 21-acre facility with a majority of international patients getting treatment. To the west of Perumbakkam is Medavakkam which has risen as a commercial hub. To the East, as well, is the IT corridor. Thus Perumbakkam is surrounded by employment opportunities bringing in migrating residents.


Perumbakkam is well connected to all prime areas of Southern Chennai. People from the area can easily access places in the GST Road such as Tambaram, Perungalathur, and Guduvanchery through the Velachery – Tambaram Main road. OMR connects Perumbakkam to other main areas such as Guindy, Anna Salai etc. It is also well connected to the East Coast Road through the Sholinganallur main road giving easy access to areas such as Thiruvanmiyur and Adyar.

Educational Institutions in the area:

Perumbakkam is one of the nearest residential area for students of Sathyabama University, Jeppiar and St.Joseph’s College of Engineering. It is also close to other colleges such as Hindustan University, KCG College of Engineering and Chettinad Medical College which are in the OMR. Thus a majority of occupants of apartments in Perumbakkam is college students.

All these factors together have created a sort of interest amongst investors for apartments in Perumbakkam. It must also be noted that rental revenue over an investment in the area is quite high. According to real estate agents, it is due to the fact that residents are predominantly people from outside Chennai. Most of the apartments in Perumbakkam are occupied by bachelors who are able to share and pay a considerably higher rent to stay in a place close to their place of work.

Why is Chennai’s realty situation looking up?

The real estate situation in the country has been evident to everyone for the past couple of years. The sales volumes have been coming down and there isn’t much growth happening with the sector. Prices have been steadily creeping up with no hint of a let down. This has forced end users to abandon their dreams of owning a property of their own. This is especially true of lower and mid income groups.

One of the markets which held strong despite the slowdown was the southern city of Chennai. This is because of the fact that this city was considered to be market driven by end users. When a city remains end user driven, speculation plays next to no role in where the place stands real estate wise. The growth experienced by the market will be organic and not forced. Prices rise will be a natural one when a market is end user driven as opposed to the artificial one seen in the cities where speculation has played a role. The latter does more harm than good as these artificially inflated prices will find next to no takers in the long run.

Even though Chennai was a strong real estate market, it was not strong enough to survive the lean patch that the country was going through. There have been a few reasons which had slowed down the market.

The floods which took place on December 1st, 2015 is one of the main reasons for the slowdown being seen in the real estate sector here. The death and destruction brought on by this unprecedented natural calamity had shaken buyer confidence in the city. It showed the city in a bad light in terms of preparedness to face such disasters. The lack of infrastructure really hit home. Buyers stayed away from low lying markets especially as these were the worst affected during the floods.

Another reason cited for the slowdown was the political instability being witnessed in the state. When such situations occur there won’t be a lot of confidence in the state. Many investors who can create jobs and wealth for the region might wait till the situation clears up might choose to relocate their project to another state which shows more stability. This in turn will have an impact on realty.

But things seem to be looking up for realty in the city. The sales numbers coming out of this region have given those in the sector hope. There has been a marginal increase in the number of homes being sold in the city. The inventory overhang also has come down. Villas in Madambakkam and more other such properties across the city are getting a new lease of life.

It seems affordable homes are driving this resurgence. Many of the homes which are being sold are in the below INR 50 lakhs range.  Besides this there are a whole bunch of governmental level policy changes which are aiding the real estate sector. Taking all these factors in, now might be a good time to purchase villas in Madambakkam or any other project you have been thinking about buying in Chennai.