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What is real estate brokerage?

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Real Estate brokerage sector is one of the most essential parts of real estate! It plays a major role in selling properties between a seller and buyer by acting as a mediator between the two parties. The business transfer agents or intermediaries, assist buyers and sellers in the buying and selling process. Real estate brokerage industry accounts for nearly 6.3% growth rate in the real estate scenario. The prime real estate portal for buying luxury flats in Kerala , luxurykeralaflats.com tries to shed some light on the subject - What is real estate brokerage? Read on.... Real Estate agents evaluate a property and advertise it for sale. They also handle the potential buyer interviews, discussions and negotiations in a business sale. The broker is responsible for ensuring that the brokerage complies with the Real Estate and Business Brokers Act, 2002 (REBBA 2002), and its regulations. He is also liable for maintaining the brokerage trust account and reviewing and signing trade record ...

Tips for decorating a Rental Apartment on a Budget

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  Living in a rental apartment is common practice nowadays. But when it comes to decorating a rental apartment, people often tend to think twice. You can’t make any structural changes without getting the consent of the owner when you want to improve the look of the room. Not to worry! Yes, it is possible to decorate a rental apartment without spending lots of money. There certainly are cheap and easy ways for decorating rental apartments. Here’re some tips for decorating a Rental Apartment on a Budget shared by luxurykeralaflats.com , the No. 1 real estate portal in Kerala. Add curtains Curtains are the first and foremost décor items that you can add to your decor. They instantly enhance the look of your room! Make small rooms look bigger by hanging long draperies or curtains. Add furniture If the rented apartment is unfurnished, you’ll need loads of furniture to give it the apt look. Invest wisely on furniture so that they can be used as a decor element as well. A house looks em...

Ways to burglar-proof your home

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  Home security should be your top priority! Expensive state-of-the-art home security systems have come up nowadays but burglar-proofing your home need not be costly. Learn about some ways to burglar-proof your home especially your luxury apartment in Kerala against intruders. This insight is brought to you by luxurykeralaflats.com, the no. 1 real estate portal to check out flats for sale in Kerala . Here are some ways to secure your home Keep doors and windows locked Lock your doors and windows whenever not used, even when you’re at home. Examine all of your exterior doors to make sure the door frames are strong, the hinges are protected. Change the door locks if you are moving into a luxury flat that was used already. This is to ensure strangers won’t get access to your flat. Inspect all entry points to the house. Replace, repair or reinforce the hardware as needed. Use motion-sensing lights inside and outside Motion-sensing lights will put a spotlight on anyone moving throu...

Home renovation loan

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  No more waiting to renovate your home! Modify, refurbish or renovate your home to suit your needs with a home renovation loan! You can avail this flexible, hassle-free and a low-cost loan for making your home a more comfortable living place. If you are going to purchase an apartment you can opt for a home renovation loan and leave out worries for improving your home.  Or you can now upgrade your existing home to customise it as per your tastes and aesthetic preferences. Here’s an overview on home improvement loans by luxurykeralaflats.com , the no.1 portal for buying and flats for sale in Kerala . Advantages of Home improvement loans  Low Interest Rates The home renovation loan  as it is secured against your home ownership is a better choice than an unsecured personal loan with high interest rates.  Tax Benefits You can get a deduction of up to Rs. 30,000 per annum (under section 24) for the interest that you pay for home renovation loans.  Minimal Docu...

A Guide to Calculating and Paying Property Tax Online

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  Are you owning a flat in Kerala? If yes, you certainly will have to pay your property tax. Wondering how to simplify the process of paying property tax online? We at luxurykeralaflats.com bring to you just the guide fo r Calculating and Paying Property Tax Online ! Know the basics! Like every state in India, Kerala too has its system of property tax calculation. The tax will be collected by the municipal corporation in charge of that area in which the property lies. You should find out under which corporation you belong to.  Factors to determine the property tax value in Kerala In Kerala the various factors on which your property tax value depends are:  The type of land Type of building Total area covered by the property Location Rentable value of the property Whether it qualifies as a luxury apartment or not, etc.  Property tax is also applicable in case you own land and the charges will vary. Depending on the type of property and its usage, rebates can be appli...

Advantages of joint ownership of apartments

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When you are about to buy a luxury flat in Kerala in a place like Trivandrum, it is best to consider joint ownership as an option. Many apartment buyers are often not aware of the advantages of joint ownership of apartments and go about buying a flat in a single name, instead of joint names. It so happens that with couples, even though EMI is serviced by both partners in equal parts, if the registration is with one partner the other partner could not claim the income tax benefits on the home loan. It is not necessary that only the spouse can be a partner, even close relatives like parents, children, brother or sister, business partner or even friends can be joint owners.  A person, who is added as a joint owner in the agreement, need not contribute towards the purchase of the property. It makes sense to add a close relative even if you are financing the property alone Check out the advantages of joint ownership of apartments before you decide to buy a luxury flats in Kerala ! In...

Fixed vs Floating Home Loan: Which one is better?

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  When you are about to buy a flat for sale in Trivandrum, Kerala, your dream home, you have to make decisions which can have a serious impact on your life. You have to analyse your current financial situation and decide on how much home you can afford! Even if you go over your budget, not to worry! You can always opt for a home loan. But do not be in a hurry. Do give careful consideration. Then comes the question of Fixed vs Floating Home Loan: Which one is better? Here are some pointers from luxurykeralaflats.com, the no.1 portal for buying or selling flats for sale in Kerala . Read on... Fixed Rate Home Loan The home loan comes with a fixed rate of interest which is fixed at the time of availing it. There are also variants of the home loan available which allow you to fix your interest rate for specific periods of 2, 3 or 10 years. Fixed rate loans are priced slightly higher than floating rate loans. You should opt for a fixed rate home loan when you are about to buy a flat fo...