Home Archives - Derek Time Best News Website Fri, 14 Jun 2019 17:26:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.7 https://www.derektime.com/wp-content/uploads/2018/12/cropped-logo-icon-32x32.png Home Archives - Derek Time 32 32 How to Revive the Beauty of your Home https://www.derektime.com/revive-beauty-of-your-home/ https://www.derektime.com/revive-beauty-of-your-home/#respond Fri, 14 Jun 2019 17:26:17 +0000 http://www.derektime.com/?p=2608 Even your dream home will start looking really boring after you spend years looking at

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Even your dream home will start looking really boring after you spend years looking at it. But you don’t need to change your entire home decor to give it a completely new look. There are many relatively simple and cost-effective solutions that will let you achieve great results in no time.

Change the lighting


Even if you make no changes at all in the interior but change the lighting, you will be able to see a big difference. Choosing new, decorative lamps can bring a new character to the design and help highlight certain features. Take time to consider which parts of your house could do with more illumination and implement brighter lighting options there. This doesn’t only concern the artificial sources of lighting, so try to get as much natural daylight into your house as possible to make it feel more spacious. Think about adding glass stair railing to enhance this effect even further.

Bathroom makeover


It may seem like changing your bathroom will be an expensive and demanding task, but this is not necessarily the case. All you need to do is add a few decorative features and you’ll be surprised by the results. Instead of fixing the typical towel rack on the wall, go for a more creative option by e.g. implementing ornamental hooks.  Even the towels themselves can become an interesting point in your design. In small bathrooms, using bigger mirrors may be a good option, as it will create an illusion of a bigger space. If such small changes won’t satisfy you, you may always go for painting your bathroom tiles. It’s a great solution that will completely change the look of the room without spending a fortune on it.

Declutter your house


Sometimes all you need to do to bring out the beauty of your house is getting rid of all the unnecessary stuff laying around. It’s natural that during everyday life you acquire new things and you don’t always remember to put the old ones back where they were supposed to be. This can make the whole interior look messy and cluttered, which will draw attention away from the decorative features you implemented in your design.

Change the colours


With time, the paint colours can fade and the wallpaper patterns get out of fashion. Even if you put new and modern furniture in the room, on such a background they won’t look very appealing. However, if you change the wall colours, you’ll transform the feeling of the whole room even without adding any new elements. You can use vivid colours to create accent walls, which will allow you to highlight certain parts of the space.

Freshen up your kitchen


Kitchen remodelling can be a complicated task, but you can decide on a more cost-effective option of simply freshening it up a bit. With a bit of paint, you can give your old cabinets a brand new look. Add some decorative handles and you won’t recognize your own kitchen. To complement these changes, you can also look for new counter tops. But even if you decide to stay with the old ones, remember that tidying up and taking all the redundant things from view will create a polished and clean look.

Add a juliet balcony


If you’d also like to enhance your house’s design on the outside, installing juliet balcony railings is an easy and effective way to do it. Even though it won’t add any floor space to your house, it will let you enjoy an influx of fresh air. Combining a juliet balcony with big windows will allow you to safely keep them open and create an illusion of outdoor space. This way, it will not only become an interesting decorative feature, but also a place where you can enjoy all the perks of a balcony without actually having one.

There is no ideal way of reviving a house, as everything depends on your ideas, taste and budget. Don’t be afraid to use your creativity and personalise your space to best suit your needs. Among all the possibilities you’ll be sure to find solutions you’ll be happy with.

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Which Works Better in the Present Indian Realty Market – A New Home or a Resale Home? https://www.derektime.com/new-home-or-a-resale-home/ https://www.derektime.com/new-home-or-a-resale-home/#respond Thu, 24 Jan 2019 16:36:30 +0000 http://www.derektime.com/?p=984 A home is one of your biggest investments and is important for your stability and

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A home is one of your biggest investments and is important for your stability and security. Increasing population and shift to nuclear family culture may result in the demand for housing in the country. Additionally, the availability of home loans makes it slightly easier for individuals to buy properties.

When you decide to buy a home, you will have to make several decisions. One of the biggest decisions will be to choose between a resale property and a new home. This may seem like an easy decision; however, there are several nuances and making the right choice may be confusing.

New flats for sale offer some benefits to you. You may be able to choose the desired floor plan and live in a home with the latest amenities and modern technology provided by the real estate developers. However, existing apartments provide greater versatility because these are more affordable and you may choose your desired location.

Here are some important factors you must consider before you choose between an existing home and a new property for sale:

1. Benefits of investing in a new home


  • Modern amenities
  • More versatility with financing and loan tenure
  • Quick and hassle-free documentation
  • Higher resale value in the future

2. Financial advantages of new homes


When you are considering buying a house for sale, it is likely you will require housing finance. Lenders provide greater flexibility in choosing longer home loan tenure (between 20 and 30 years) if you buy a new property.On the other hand, lenders offer lower tenure when you choose to buy an old property for sale. A shorter loan tenure means that the Equated Monthly Installment (EMI) will be higher, which may be difficult to service.

The Indian government launched the Goods and Service Tax (GST) in July 2017. Therefore, if you buy new houses for sale in projects launched after July 1, 2017, you will be able to avoid several hidden charges and costs. Additionally, the builders may be able to take advantage of tax credits, which may be passed on to buyers.

3. Price and availability


There is often a shortage of resale homes in the market, which limits the options that are available to you. Moreover, the ones that may be available on the market may not be ‘Vastu’ compliant or meet your requirements and expectations. Most people buy one home during their lives, which is a huge financial commitment. Finding resale homes that match your needs may be a huge hindrance towards achieving your dream of home ownership.

Several existing properties were purchased by individuals when the housing loan rate of interest was higher and real estate prices were moving in an upward direction. Therefore, the price at the time of original purchase may be higher than the current market rates. Additionally, home loan interest rates have significantly reduced during the last few years. Moreover, the markets are more transparent and you may be able to get a good deal when you buy a new property for sale. Builders are more willing to reach out to potential buyers and price expectations are realistic. Therefore, you may be able to negotiate a good deal with the builder when compared to buying a resale home.

4. Advantages of resale properties


  • In case the market is undergoing a downward trend, you may be able to negotiate the price, thereby allowing you to purchase an affordable real estate property for sale in the secondary market.
  • Several investors invest in under construction properties to sell later to make profits. However, when the markets drop, such investors may be willing to reduce prices to exist from their investments. It is also likely that apartment sellers are willing to reduce prices to percolate new home sales.
  • Ready-to-move-in homes are more easily available in the secondary markets. This gives you the opportunity to buy a house for sale that is ready for possession, and you may move in within a short period of time.
  • Generally, under construction properties in good locations are more expensive when compared to existing homes. Therefore, it may be more affordable to own an existing real estate for sale in a well-developed location.

Buying an existing home ensures quick possession; however, it is recommended you consider the advantages and disadvantages of both the options before making your decision.

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