Timing: Economic Trends: Monitor economic indicators like GDP growth, employment rates, and inflation. Real Estate Market Trends: Study the historical and current trends in the real estate market. Interest Rates: Keep an eye on interest rate movements, as they can significantly impact your financing costs. Location: Accessibility: Choose a location with good connectivity to major roads, public transport, and airports. Infrastructure Development: Look for areas with ongoing or planned infrastructure developments. Local Amenities: Ensure that essential amenities such as schools, hospitals, and shopping centers are nearby. Neighborhood: Safety and Security: Research the crime rates and overall safety of the neighborhood. Community Atmosphere: Consider the community vibe and lifestyle of the area. Future Development Plans: Investigate any upcoming projects or developments that may affect the neighborhood. Price: Market Analysis: Conduct a thorough analysis of property prices in the chosen location. Affordability: Determine a budget that aligns with your financial goals and capabilities. Property Valuation: Get a professional property valuation to ensure you are paying a fair price. Negotiation: Research Comparable Sales: Use recent comparable sales data to support your negotiation position. Understand Seller’s Motivation: Understanding why the seller is selling can give you negotiation leverage. Be Patient: Don’t rush into decisions; be patient and willing to walk away if terms are not favorable. Document Signing: Sale Agreement: Carefully review and understand all terms in the sale agreement. Due Diligence: Complete any remaining due diligence before signing the final documents. Legal Assistance: Consider seeking legal advice to ensure all documents are legally sound. Bonus Tip and Important Everyone Forgets: Document Verification: Title Deed: Verify the property’s title deed to ensure a clear and legal ownership history. Land Use and Conversion: Check that the land use is suitable for your intended purpose and that all necessary conversions are in place. Encumbrance Certificate: Ensure there are no legal dues or liabilities on the property.
To Know what is the 2bhk Construction costing we need to know How to Plot Choose Before Construction Although cost estimation of constructing a house is essential in indicating how much needs to be spent on the venture, selecting the right plot is a very important determinant as well. The second stage involves obtaining data on plots which assists in interpreting the built-up and carpet area. The plot is considered industry-appropriate if it has the supporting title deed together with encumbrance certificates and utility bills for the preceding holder. Also, it is prudent for the buyer to critically check on what class of land that the said plot belongs, namely either agriculture or nonagricultural. A change of land use clearance would be needed if the land was to be used for residential construction. Additionally, the buyer should be aware of the plot’s FAR and understand how it relates to current building codes. What is Built-up Area The walled area is also regarded as the built-up space under the rulings of RERA. The balcony space for an apartment is also considered. People often confuse the two. Always remember that the built-up area of any house will always be higher than its carpet area. Carpet area refers to the accessible and covered area within a property as opposed to built-up area. Thus, it points out the distinction between carpet area and the built-up area. The average carpet area is approximately 70 percent of the built-up area. Considering the built-up area of 1500 sq ft then the carpet area will be 1050 sq ft. Carpet Area versus Built-up Area The built-up area, which takes up between 15% and 30% of the carpet area lies on top. Take, for example, in case the carpet area will be of size 1,500 sq.ft., then the built-up will be of size 1,950 sq. ft. what is Super Built-up Area The built-up area, and a community-based facility, often referred to as a Housing Society. The super built-up area incorporates the common area as well. The common areas include areas occupied by: Corridors Lifts Clubhouse Staircases Swimming Pool Gymnasium Lobby Pipe Air Ducts Garden By observation, it shows that there are distinct differences between built-up and super built-up areas in terms of accessibility. The owner has exclusive rights to access to the built-up area of a flat while the common area is freely accessible by all tenants from different flats. Super Built-up Area Calculation The super built-up area is computed against the percentage load factor when the carpet area is known. Loading factor is determined by subtracting the super built-up area from the carpet area. It goes pari passu with most of the common facilities found in a given setting. The higher the loading factor, the more amenities. Loading factor normally ranges between 20% and 35% of the carpet area. The choice of it depends on the developer as well as the place. For example, if the carpet area is 2,000 sq. ft. and the loading factor is 25%, the super built-up area is calculated as: 2000 (1 + 0.25) = 2250 sq. ft. While comparing the carpet area and the super area, it is evident that the latter always exceeds the former. Super Area versus Built-up Area Super built-up area = Built-up area x average proportionate common area. To put this in perspective, let us take an illustration. Two living in a flat are cohabiting in a given storey floor, yet their living spaces are measured differently. For example, one individual could be in possession of a flat with a built-up area measuring 700 sq. ft. while another person could have a flat that has a built-up area of 1,400 sq. ft. Suppose the common area available is 1,200 sq. ft. Now, while calculating the super built-up area, the common area will be divided proportionally in the ratio of 1:2. There will be 400 sq. ft of common area space and 800 sq. ft will be allocated proportionately. Accordingly, the super built-up space is 1,100 sq. ft and 2,200 sq. ft respectively for each side. 2BHK Construction Costing Measurements Total Area The total area of a 2 BHK apartment can vary widely but often falls within the range of approximately 800 square feet to 1,200 square feet. This includes the area of all rooms, corridors, and common spaces. Bedrooms Measurements Master Bedroom: Around 12 feet by 14 feet (168 square feet). Secondary Bedroom: Approximately 10 feet by 12 feet (120 square feet). Living Room Measurements(Hall) The living room or hall in a 2 BHK apartment is usually larger than the bedrooms. It can vary in size but might measure approximately 15 feet by 12 feet (180 square feet) or more. Kitchen Measurements The kitchen size can also vary, but a standard kitchen in a 2 BHK apartment might have dimensions of approximately 8 feet by 10 feet (80 square feet) or larger. Bathrooms Budget The size of bathrooms can vary, but a typical bathroom might have dimensions of around 5 feet by 7 feet (35 square feet) for a smaller bathroom and larger for the master bathroom. It’s important to note that these are approximate measurements, and the actual size of a 2 BHK apartment can be influenced by factors such as the building’s architectural design, layout, and local building codes. When considering a 2 BHK apartment, it’s essential to review the specific floor plan and measurements provided by the developer or landlord to get accurate information about the apartment you’re interested in. What is Construction Cost in Hyderabad, Telangana General Construction costs in Hyderabad, Telangana can vary significantly based on several factors, including location, materials, labor, and project requirements. It’s important to note that construction costs can change over time due to inflation and market dynamics. For the most accurate and up-to-date cost estimates, we recommend reaching out to our experienced construction professionals in Hyderabad. 2Bhk Construction Cost per Sq. Ft. In Hyderabad, the cost of constructing a residential property typically ranged from around Rs 1,500
Anumula Revanth Reddy: The Political Odyssey that Led to the Chief Minister’s Office Anumula Revanth Reddy is a popular politician from Telangana who was born on 8th of November, in the year 1969 at Konda Reddy Pally of Mahboobnagar now known as Nagarkurnool district of Andhra Pradesh. He assumed office as the second chief minister of Telangana on the 7th of December, 2023 after K. Chandrashekar Rao. Early Life and Education: His political journey started since college days as he associated with ABVP—the student wing of RSS. At Osmania University he bagged a bachelors’ of arts degree in commerce from A.V. college. Political Journey: Mr Revanth Reddy political career started from collage days in 1992 he became a member of Akhil Bhartiya Vidhyarthi Parishad, while he was a student. In 2006 he won ZPTC in Midjil Mandal elections. He became the MLC in 2007 as the independent candidate prior to joining TDP. From Kodangal to Cm Office It was his election victory which became evident after winning the Andhra Pradesh Assembly seat from Kodangal in 2009 as a TDP representative with 46.46% votes. From 2014 – 2018 also he represented his constituency of Kodangal in Telangana assembly. Revanth Reddy won Kodangal against Gurunath Reddy in 2014 unified Andhra Pradesh Legislation elections. He revealed his electoral strengths and won the Kodangali Assembly seat in Andhra Pradesh of 2009 standing as a Telugu Desam party Candidate. He then served as the representative of Kodangal in the Telangana Assembly from 2014 until 2018. Revanth won from Kodangal constituency in 2014 joint Andhra Pradesh assembly election against his rival Gurunath Reddy. In September 2017, however, he left the TDP and joined the congress party in October 2017. His dismissal from Telangana TDP’s floor leader resulted from this. He had lost in the Telangana assembly polls of 2018 which became his first defeat when he was the Congress candidate from Kodangal. In 2019 general elections, he was a congress nominee who succeeded Malla Reddy and won Malkajgiri Lok Sabha constituency for him. Leadership Roles: Revanth Reddy became president of Telangana Congress in June 2021, replacing N. Uttam Kumar Reddy. The Congress managed to win by 64 seats, one more than the majority mark, which owes greatly to his leadership. 2023 Telangana Assembly Election Campaign: In this regard, as a Telangana Pradesh Congress Committee president, Reddy led a formidable challenge to Ex-Chief Minister K. Chandrashekar Rao in the 2023 Telangana legislative assembly elections. And, the congress was declared a winner with an upper hand on 64 seats. In Kodangal he won, but in Kamareddy he lost. Lion of Telangana Renowned for his exemplary leadership skills and close connection to the people, he is affectionately call him ‘The Lion of Telangana’. Chief Minister of Telangana: Revanth Reddy will be sworn by Governor Tamilisai Soundararajan on December 7, 2023 as the second Chief Minster of Telangana succeeding K. Chandrashekar Rao. It is believed that his term will offer new perspectives and policies in regard to growth and welfare of the state. Personal Details: Anumula Geeta w/o Revanth Reddy who happens to be the niece of the former union minister, Jaipal Reddy, and a daughter too. His parents, Anumula Narsimha Reddy and Anumula Ramachandra Maama, are key pillars in his political life. Conclusion: The Indian political life has been portrayed well in Anumula revanth Reddy’s progress from a student activist to the office of a Chief Minister. His rich experience, political skills and his past will now determine the way forward for the state as he becomes its leader. His leadership in Telangana’s politics and development will be seen in the next few years. Pic Credit google
Brick Wall Cost Per Square Foot Here is a breakdown of some of the factors that affect the cost of building a brick wall: Type of Wall: You need to pick a certain kind of the wall that determines expense. Taking an example, a brick wall will cost more than a concrete wall. Size of the Wall: As the size of the wall increases, so will its price. Such as requiring additional raw material and manpower. Type of Brick Used: There are various kinds of bricks that exist, and the kind of brick you select will influence the price. Such as, face bricks cost much more than ordinary bricks. Complexity of the Design: It will be expensive to construct a sophisticated design. For instance, such would cost more for a curved or cornered wall as compared to that which is straight. Labor Costs: Costs of labor may differ in accordance with the place of the implementation of a particular project. Labor costs in a large town or a city will be higher as compared to those in an outlying village or countryside. Location of the Project: The cost is also dependent on where the project lies. Take for instance, it could be costlier constructing a wall in a rural location as compared to an urban location where many other facilities are located. This is your response on how much does it cost for a wall. 4” InchBrick Wall (Rate per sq. ft.): Wall Construction Labor: Rs. 25/- Material Cost (Brick, Sand, and Cement): Rs. 85/- Total Construction Cost: Rs. 110/- 6” Inch Brick Wall (Rate per sq. ft.): Wall Construction Labor: Rs. 30/- Material Cost (Brick, Sand, and Cement): Rs. 120/- Total Construction Cost: Rs. 150/- 9” Inch Brick Wall (Rate per sq. ft.): Wall Construction Labor: Rs. 40/- Material Cost (Brick, Sand, and Cement): Rs. 150/- Total Construction Cost: Rs. 190/- How to Calculate Bricks per Square Foot How to Calculate Bricks per Square Foot 1 sq ft = 144 sq inch: In standard measurements, one square foot is equivalent to 144 square inches. 1 brick area = 32 sq inch: The typical area of one brick is considered as 32 square inches. Number of bricks = 144/32 = 4.5: To find the number of bricks per square foot, divide the total square footage by the area of one brick, resulting in 4.5 bricks per square foot. how many bricks per 1 square feet 4.5 bricks are required per square feet
Introduction Located close to the Hyderabad is the village called, Kokapet that represents the perfect balance between comforts of city life and serenity of nature… Geographical Overview The beautiful landscape of Kokapet provides a scenic background comprising dense vegetation, looming hills, and glistening Gandipet lake… Real Estate Trends The growing construction of housing units, commercial properties, and industrial establishments have transformed the physical environment of Kokapet… Land Prices In some sense, this can be interpreted that land prices have experienced an increase in the last few years following increased desire among buyers searching properties in this location. Factors Influencing Prices The fluctuation of land prices in Kokapet is as a result of several factors… Key Developments Larger property development projects are flourishing at Kokapet comprising of housing communities, shops, and modern facility constructions… Future Projections The real estate market in Kokopet has a bright prospect as a result of ongoing development, government programs, and new trends that ultimately lead to increasing the value of property… Challenges and Opportunities Despite having numerous advantages, Kokapet has some difficulties… Local Amenities Beyond the real estate sector, Kokapet’s appeal is characterized by a wide array of local amenities that add value to everyday living… IT Hub Influence and HMDA Auction Real estate developers have shown interest in the IT hub of Hyderabad. HMDA (Hyderabad metropolitan development authority) has made more than rupee 3300 crores on selling 45-acre lands at Kokapet. Influx of IT Investments Kokapet has been the focus of attention because of the booming real estate and infrastructure development due to rapid growth of the IT sector in Hyderabad… HMDA Auction and Land Value An auction involving the sale of forty-five acres of Kokapet land by HMDA has earned upwards of three thousand crores… Top Multinational Companies in the Neighborhood Its location, surrounded by international big shots such as IBM and Boeing makes it even more appealing for property development… Key Bidders and Their Interest Among those bidding in the HMDA auction Kokapet real estate shows a varied vibrant interest for its property… Strategic Importance of Kokapet In addition, notable market participants contribute to this and the performance from the auctioning exercise is amazing. Related article: Looking to buy or develop property in telangana then you need to know about Ts Rera rules regulations