Four Walls and a Home

Four walls make a house, but it’s the hearts that beat there and the memories they carry with them that make it a home. Those warm moments you share with your family, the little anecdotes that are hidden in every corner is what breathes life into those walls.

Even the most exquisitely designed house is incomplete till it goes through the journey of transforming into a home. It’s a place you long to come back to after a hard day’s work. It’s a place you carry with you.

What is it then that makes this transformation? We list down few easy steps:

Spend time at home

While the world is full of distraction, spending a few hours with the ones you love serves as a much-needed anchor and highlights those aspects of life that matter the most – love, togetherness, sharing, even those little tiffs.

Gone are the days when parents stayed aloof and maintained a distance from the children. Today, bonding with children and being friends with them goes hand in hand with being both supportive as well as disciplining them. It’s the time that children spend with their parents and siblings that create a lifetime of memories for them.

Simple actions like dinning together, playing a sport or swimming on a sunny day, snuggling into a cozy room with a board game or just singing your heart out can be effective in bridging the generation gap.

Invite happiness

The size of your house is immaterial if it has a vibe that makes everyone feel welcome there. Your home is a place where anyone can be invited without worrying much about perfection. Invite your friends and neighbours over for a meal occasionally. You could also watch a movie together.

While the four walls provide shelter, the people in the room and the positivity they create is what nourishes your soul. Share stories, laugh at jokes, and discuss topics that matter to you and the world, and your home gets a big shot of energy.

Make memories

If you’re surrounded by people and laughter, you’re busy making memories. More often than not, when you leave a house, you don’t miss it for the design or the décor. You miss it for the people who helped convert bare walls into a place to enjoy what life has to offer. We miss the laughter and the tears. We miss the people with whom those memories were made.
A lazy afternoon with your daughter at the pool, an exciting game of tennis with your son, a quiet romantic dinner with your partner or a gala evening at the clubhouse is all available at the push of an elevator button. Rustomjee thoughtfully designs houses that encourage you to spend quality time with your family by making available ‘everything in one place.’

A MATTER OF TRUST

Global City

On October 10, Securities and Exchange board of India (Sebi) released consultative guidelines for the operation of REIT, five years after delivering its first draft on the subject, in 2008.

Currently, individuals either have to invest in property directly, or through closed ended funds with a minimum transaction size of Rs. 1crore. With REIT you could invest with small sums, receiving proportional returns.

Once the Real Estate Investment Trusts come into effect, individuals can invest in property funds even with small sums of money.

Read more: A MATTER OF TRUST

Bolster your portfolio: Real Estate Investment Trusts may start operating in India soon

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On 10 October 2013, the Securities and Exchange Board of India (Sebi) issued a consultation paper on draft Real Estate Investment Trusts (REITs) Regulations, 2013. Once it has received feedback from the public, the regulator will come out with the final regulations on REITs. Thus, it appears that after a long wait REITs may finally start operating in India soon.
Asset allocation requires rebalancing, which means that every six months or so, you sell a part of the asset class that has outperformed and buy more of the asset class that has under-performed. At present it is impossible to apply the asset allocation strategy to real estate. Suppose you buy a second house for investment. Since the ticket size is large, in case of most investors the house comes to occupy an overwhelmingly large portion of their investment portfolio.

Read more: Real Estate Investment Trusts may start operating in India soon

Real opportunity

Real opportunity-Financial Express-Oct 22, 2013-Pg11

With the Securities and Exchange Board of India (Sebi) proposing to allow Real Estate Investment Trusts (REITs) in the country, the stage is set for investors to tap the real estate sector. Globally, these are common investment vehicles which pool investors’ money and invest in revenue generating assets, such as building, offices, warehouses and malls, and distribute a major part of the earnings among the investors.

A KPMG research note said the Sebi move will revive substantial investor interest in India’s subdued real estate market. “REITs are a positive move towards a more professionally organised and globally well accepted framework for funding real estate development. The move will also reduce individual speculation in real estate assets,” the note said.

Hindustan Times Estate: Know your home loan Insurance

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Home loan insurance is a product that insures the loan amount taken for the purpose of buying a home.

Taking a home loan is a long term financial commitment as the tenure of loan can run up to 20 years. The home insurance takes care of the loan liability incase of any unfortunate eventuality during the loan term and the family is not burdened with the liability .

DNA Property: Why is realty a preferred investment avenue?

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The trend of buying ‘second’ homes or weekend getaways in Mumbai’s peripheral areas and beyond has been gaining ground in recent years. With rising real estate prices in the prime areas, second home provides a good opportunity for investment.

Moreover, many second home destination have evolved and transformed into first home destinations, making the scope for returns on investment even higher.