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Know More About REITs | Good Time Builders

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REIT stands for Real Estate Investment Trust REITs can be described as a company that owns, operates, or finances income-generating real estate. Real Estate Investment Trust companies are organizations that oversee portfolios of valuable real estate assets, properties and mortgages. They operate by leasing out these properties and collecting rent payments, which are then distributed among shareholders as income and dividends. Typically, REITs provide investors with an opportunity to invest in valuable real estate and earn dividend income, helping to grow their capital over time. By doing so, investors can utilise the opportunity to appreciate their capital and generate income simultaneously. Both large and small investors can invest in REITs and benefit accordingly. Small investors may attempt to pool their resources with other investors to invest in big commercial real estate projects. REITs typically consist of properties such as data centres, infrastructure, healthcare facilities, apartment complexes, etc. REITs are structured similarly to mutual funds, aggregating the funds of multiple investors. This allows individual investors to earn dividends from real estate investments without the need for them to personally purchase, manage, or finance any properties. REITs invest in most real estate property types, including apartment buildings, medical facilities, offices, data centres, hotels, cell towers, retail centres and warehouses. 1. The origin of Real Estate Investment Trust (REITs) REITs have a long history, having been established over 50 years ago in the United States through the Cigar Excise Tax Extension Act in 1960. The first REIT was listed on the New York Stock Exchange in 1965, and in the following years, similar instruments appeared on stock exchanges in Europe, Japan, and Australia. During that time, the booming real estate market offered ample opportunities for generating substantial dividends on investments. This paved the way for real estate development projects and provided financial rewards for investors. In the Indian market, Real Estate Investment Trust (REITs) were first introduced here by the Securities and Exchange Board of India (SEBI) in 2007. In September 2013, SEBI introduced updated regulations for Real Estate Investment Trusts (REITs), which were officially approved on September 26, 2014. As REITs started gaining popularity, regulations were introduced to ensure their smooth operation. Today, REIT companies listed on Indian stock exchanges are subject to oversight by the Securities and Exchange Board of India (SEBI) and are regularly monitored. 2. Types of Real Estate Investment Trust (REITs) Equity REITs: These are a type of Real Estate Investment Trust (REITs) that own and manage income-generating real estate properties. The primary source of income for equity REITs comes from rental revenue received from tenants. The REITs hold and manage these properties, generating income for investors through the collection of rent. The income is then distributed to investors in the form of dividends. Equity REITs primarily invest in properties such as office buildings, residential apartments, shopping centres, industrial estates, and hotels. By investing in equity REITs, individuals can gain exposure to a diversified portfolio of income-generating real estate assets without the hassle of direct property ownership. Mortgage REITs: These REITs invest in real estate-related assets, primarily mortgage-backed securities. These securities are backed by underlying real estate assets such as residential and commercial properties. Instead of owning and managing physical properties like equity REITs, mortgage REITs generate income by investing in and financing real estate through the use of debt. They do this by issuing mortgage loans to property owners or by purchasing existing mortgage-backed securities. The income generated by mortgage REITs is derived primarily from the interest received on the mortgage loans or securities they hold. Investors in mortgage REITs receive a share of this income in the form of dividends. Retail REITs: Retail REITs, also known as shopping centre REITs, are a type of Real Estate Investment Trust (REIT) that primarily invest in retail properties such as shopping centres, malls, grocery stores, hypermarkets, supermarkets, etc. These REITs own, manage, and develop retail properties to generate income for their investors. The primary source of income for retail REITs comes from rental revenue received from tenants such as department stores, speciality shops, restaurants, and entertainment venues. The income generated from these properties is then distributed to investors in the form of dividends. By investing in retail REITs, individuals can gain exposure to a diversified portfolio of income-generating retail properties without the hassle of direct property ownership. Retail REITs play an important role in the retail real estate market by providing financing for the development and renovation of retail properties and helping to ensure the stability and growth of shopping centres and malls. Residential REITs: These are a type of REITs that specialize in investing in residential properties such as apartments, single-family homes, gated communities and other such housing establishments. These REITs own, manage, and develop these properties to generate income for their investors. The primary source of income for residential REITs comes from rental revenue received from tenants who reside in the properties. The income generated from these properties is then distributed to investors in the form of dividends. By investing in residential REITs, individuals can gain exposure to a diversified portfolio of income-generating residential properties without the hassle of direct property ownership. Residential REITs play an important role in the housing market by providing affordable housing options, financing for the development and renovation of residential properties, and contributing to the stability and growth of the housing industry. Healthcare REITs: It specialises in investing in properties related to the healthcare industry, such as hospitals, medical office buildings, senior living facilities, and skilled nursing facilities. These REITs own, manage, and develop these properties to generate income for their investors. The primary source of income for healthcare REITs comes from rental revenue received from tenants such as healthcare providers and operators of healthcare facilities. The income generated from these properties is then distributed to investors in the form of dividends. By investing in healthcare REITs, individuals can gain exposure to a diversified portfolio of income-generating healthcare properties without the hassle of direct property ownership. Healthcare REITs play an important

All About Encumbrance Certificate | Good Time Builders

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HOME SWEET HOME…the sweetness increases by four fold when it is our own. But this pleasure of owning a home comes with its own procedure. Apart from having the funds for the property, it is very important to check if there are any legal complications associated with it. But as a common man, you must be wondering how you can get access to this information. There is a legal document known as Encumbrance Certificate which provides the information about the charges created, if any, on that property. One should know all about Encumbrance Certificate before going for a property deal. 1. What is an Encumbrance Certificate An Encumbrance Certificate is a legal and a crucial document used as evidence of free title/possession of a property. A “Lien” or a charge will be added by the lender on the property if it is purchased by availing a mortgage or if it has been pledged. If there is a loan on a property, then that property has a financial encumbrance and getting a nil-encumbrance certificate for such a property would not be possible till the loan is fully repaid.  An encumbrance certificate, stating the liabilities, will be issued by the municipal body, if that property is caught in a legal dispute.  This is a way to ensure that the borrower/property owner should not sell the property until the mortgage is paid in full.  This legal document declares that there are no charges on that property, be it financial or legal. An Encumbrance Certificate can be acquired for a maximum time span of 30 years and will display transactions only for the specific period.  It is necessary to know that this legal document does not keep track of all previous property transactions. It does not provide any information before or after that specific time period. Any litigation on that particular property will not be reflected in the encumbrance certificate. This legal document is issued by the sub-registrar’s office. It holds all the details of the property, its owner, transfer of ownership, mortgages, etc. Some states issue it online while others want you to collect from the Sub-Registrar’s Office. In Telangana, you can get the Encumbrance Certificate online. 2. What is there in Encumbrance Certificate An Encumbrance Certificate, as we know by now, is a legal document that clarifies whether or not a particular property is free from legal or financial burdens. This document is made for a particular time frame that includes the list of every registered transaction identified with that specific property which happened during the mentioned time period. This document gives you the details of the loan taken against the concerned property, if any and also tells how many times the ownership changed during the mentioned period. It also includes the documentation of any legal claim if made on the property. But all this information will be limited to the mentioned period and not more and it can be for a period of 30 years. 3. Types of Encumbrance Certificates You should know that Form 15 and Form 16 are the two types of encumbrance certificates. This legal document is given for a period for which the applicant seeks the certificate and the maximum period is 30 years. Both the types of Encumbrance certificates are issued by the sub-registrar’s office. An Encumbrance will be on Form 15 if a land/property has any legal liability for the duration of the period for which the applicant has required a certificate. Form 16 is issued by the same office if a property/land doesn’t have any legal liability during the period for which the applicant has sought a certificate. Form 16 is also known as Nil Encumbrance Certificate. 4. Documents Required to Obtain an Encumbrance Certificate in Telangana This legal document obtained in Telangana proves that your property is free from all kinds of liabilities and a few essential documents need to be submitted to get this legal document. One has to submit the details of your property, as well as the title deed, the number of the deed that contains the book number as well as the date of the deed and the Address details of the applier along with the Registration papers of the property. An Encumbrance Certificate can be obtained online in Telangana, with just a few clicks but if anyone wishes to get it done in person, then he will have to walk to the Sub-Registrar’s Office located nearby. 5. When is an Encumbrance Certificate Required An Encumbrance Certificate declares that the property you are interested in has a clear title and free from financial or legal liability. If an Encumbrance Certificate has a charge on it, then it is important for you to rectify it before you make the deal. This legal document will show if there are any existing owners who can legally claim the property. An Encumbrance Certificate is required in the following conditions: 5.1. To avail a Home Loan This document is required if you plan to avail a loan to purchase the property. To ensure a successful approval of the loan, Banks and financial institutions have their set of guidelines that are to be followed and submitting an encumbrance certificate is an essential requisite in the process of applying for a home loan. 5.2. Needed while Purchasing or Selling a Property It is used as evidence of free title/possession of a property and also needed while purchasing or selling a property. This document is considered to be an assurance of the fact that the property is clear and free from any liabilities. It is considered as an important document and has to be made available as part of the records. The seller has to provide an Encumbrance Certificate to the buyer. It is also the duty of the buyer to cross check this document to avoid any hiccups during or after the process of property transfer. 5.3. Employees Provident Fund (EPF) Withdrawal For Property Purchase If an EPF withdrawal is being made for the purpose

Points to Consider Before Purchasing A Villa | Good Time Builders

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Life is always demanding and one such demand is to own an abode of your own. Those who have a penchant for luxury and modern amenities prefer to purchase a villa. In today’s world we find many who desire to live a luxurious life with utmost privacy. For such people, a villa will be the best option. But before purchasing a villa, one should always consider a few factors or points to avoid the future hassle.  1. Choice of High Net- Worth Individuals The high net worth individuals always go for luxurious residences with fine aesthetics, impeccable interiors, and scenic views. Such homebuyers who opt for villas search to have an out-of-the-world experience. Luxurious villas are some of the most impressive, spacious and luxurious assets which have carved their own niche. These villas are a perfect investment and in addition to these they offer exclusive amenities and an opulent lifestyle. A luxurious villa provides an attractive environment and lavish lifestyle. Nowadays, one can find luxurious villas in a gated community. Since this is a huge investment with a myriad of options, there is no room for any error while purchasing the villa. 2. Points to Consider Before Purchasing a Villa Just by looking at the beauty, amenities and exterior outlook, one cannot zero in for a villa. Since a hefty amount is used in purchasing a villa, it is essential to know that the villa you have chosen is as per your expected lifestyle and can serve you for a longer time. One has to thoughtfully consider before purchasing a villa. Investing in real estate is a good and safe option but one has to be very careful and consider some points before investing in real estate. The property where you invest should be free from legal disputes. A few points which need to be considered are mentioned here.  2.1. Safety and Security  Security of the area as well as the security of the gated community is the first and foremost point that one has to consider before purchasing a villa. No matter where the villa is, whether at the fringes or in the suburban location, the safety of the area should be found out first. An important parameter to check the safety and security of an area is the general crime rate within the locality. This will decide whether it is worth living and purchasing a villa. The gated community should also have its own safety and security. CCTV cameras should be installed all over the open spaces and the common areas inside the gated community and stern vigilance should be maintained at the gates.  2.2. Location is Important Location has always remained a key factor in the investment of a property. Before purchasing a villa, one needs to do some research to find out if it’s the right location for you and if the place is secure, quiet, clean, and near various amenities that you may need. A villa should have a good connectivity and should also have a well developed retail infrastructure.  The appreciation of the property in future is also essential; hence one has to take care of this point too. Everything else can be taken care of but a location cannot be changed after purchasing the villa. That’s the reason it is a key point to consider. 2.3. An Essence of Green Villas are said to accompany scenic beauties and ample greenery. The ambience created due to lush green surroundings offer a peaceful and calm atmosphere. Greenery is a stress buster and it will work like a magic after your hectic day at the work place. When you are purchasing a villa, you should check out if there is abundant greenery and landscape beauties that can boost your mood. When you invest in such a villa, it offers you numerous benefits and it will be like you are investing in the pleasant climate which can create a spellbound ambience. A villa should be enclosed in a chunk of nature. 2.4. Let the Head Work More than the Heart Never get swayed by just the heart robbing scenes and beautiful nature around the property. There are many points that you have to consider before purchasing a villa. You just can’t ignore the main elements for the scenic beauties. Here it is very necessary that you think with your mind more than getting captured by the heart. There are many options but make sure that you stay in your budget and do not get carried away with just one or two points, neglecting many more. 3. Villas with All Points Considered Good Time Builders, a name with fame in the real estate of Hyderabad, has two of its villa ventures on the verge of completion, the Waterfront Villas at Patancheru and the Lakeside Enclave at Isnapur. These are those ventures where all care is taken in selecting the location and all the above mentioned points are considered in erecting these villas. If you plan to invest in these villas, then you need not have to consider the above mentioned points before purchasing the villa because they are already taken care of by Good Time Builders.   The Waterfront Villas at Patancheru are 3 and 4 BHK units with an array of amenities. These 94 units are loaded with amenities and offer well ventilated villas. Located in a perfect location, this venture includes all those points which one has to consider before purchasing a villa.  The Lakeside Enclave is spread over 13.5 acres at Isnapur. This venture is very much different from other projects as it holds an amalgamation of villas and flats. One can find two types of homes in a single venture. In all there are 187 units, beautifully and creatively designed and adorned with amenities. The 2 BHK villas offer an utmost privacy to its residents whereas the 2 and 3 BHK flats are well ventilated and have many amenities. Both the types of homes can enjoy the communal amenities. 4. To Conclude No doubt,

Enticing Clubhouse at the Villas of Good Time

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The quest to live a peaceful, joyful and healthy lifestyle has so much increased that the homebuyers not only analyse the apartment well but also look out for those amenities and facilities that are an add-on with the property. One such enticing feature in a gated community is the Clubhouse, a state-of-art, which was earlier considered as a high class luxury but in this era of millennials, it has become a necessity of today which provides the concept of live-work-play inside the walls of a gated community. The villas of Good Time Builders have enticing Clubhouses that could provide sports facilities as well as serve as a means of entertainment. 1. What is a Clubhouse? Basically a Clubhouse is a shared space in a residential venture that provides various features and activity areas for the health and entertainment of all. This place is counted in luxurious amenities and it fosters community living. It is a luxury in the gated community where people of all age groups can mingle and have a gala time. Kids and adults get ample opportunities to socialise with other members of the society. The availability of a Clubhouse in a venture is an elementary part of the amenities and one should always choose a project that has a Clubhouse in it. The villa ventures of Good Time Builders, the Waterfront Villas and the Lakeside Enclave have enticing Clubhouses at their ventures. These are equipped with an array of relaxing and rejuvenating activities that enhance your daily life and impart a healthy lifestyle. 2. Clubhouse at the Ventures of Good Time Builders At present two of the luxurious, villa ventures of Good Time Builders, the Waterfront Villas of Patancheru and the Lakeside Enclave of Isnapur are progressing towards the line of completion. Both these ventures are loaded with amenities and each has an enticing Clubhouse that attracts all ages.  The Waterfront Villas of Patancheru holds 94 units with 3 and 4 BHK villas. These villas are spacious, well ventilated and the venture is well adorned with attractive landscapes and open green spaces.  One can find three Courts, one each for Badminton, Volleyball and Tennis, in the outdoors. A Landscape garden offers fresh and quality air. A vast Clubhouse spread over an area of 8000 sft stands majestically on two floors. On the Ground floor you can find a Banquet Hall, a well loaded Gym and the Society Office whereas an indoor Badminton Court, a Function Hall and a Supermarket is available on the first floor. Kids are special; therefore a Kids’ Park is also present at this venture. These villas are a perfect means of investment with good returns and provide a healthy and refreshing lifestyle. The Lakeside Enclave is located at Isnapur. This is a unique type of venture because it has villas as well as flats. There are 187 units in all that holds, 2 BHK Villas, 2 and 3 BHK Flats. Spread over 13.5 acres, this venture of Good Time Builders provides a serene and fresh atmosphere. This venture has an exclusive Kids’ Area that provides holistic development to the growing children. Kids can enjoy in this exclusively allotted Kids’ Area.  The presence of a swimming pool is the main attraction for all ages. An Amphitheatre is also available as a means of entertainment. The Clubhouse of Lakeside Enclave is spread over 2000 sft which has a Banquet Hall, a full-fledged gym, and an indoor Badminton Court. This venture boasts of three parks and a jogging track. You can select a villa or a flat as per your requirement and live a pleasant life with your family. 3. Benefits of a Clubhouse A Clubhouse, at the ventures of Good Time Builders, is one of the communal amenities which helps to socialize, provides sports facilities and offers a healthy lifestyle. A Clubhouse unravels luxury and offers elegant and high-class living. The residents can explore a wide range of engaging activities at their leisure. No matter whether you love to compete in Basketball or rejuvenate in a swimming pool, a Clubhouse is the perfect spot. It is a place for leisure and pleasure. Here are a few benefits of a Clubhouse. 3.1. Community Living As a human being we all desire privacy but cannot live alone as we all need to socialize with others. A Clubhouse is a perfect place in a gated community which serves as a right place for community living. Socialising is made easier at a Clubhouse because it provides a common area for the residents to gather and engage themselves in various activities. It brings the residents or people from diverse backgrounds together.  3.2. Health Benefits The Sports facilities, the open gardens and the open spaces provide ample opportunities to fulfil your fitness spirit. Nowadays, Fitness is self-love of the highest kind and the presence of a number of indoor and outdoor sports facilities can help you live a healthy lifestyle. The loaded gym promotes a healthier lifestyle. The jogging and cycling tracks, high adrenaline sports features like tennis, Basketball, Volleyball and Badminton Courts help you in maintaining your health. 3.3. Ease of Events The Banquet Hall or the Function Hall of the Clubhouse serves as a place for holding small events, parties or gatherings. Presence of a place such as this is actually a great advantage because the residents need not have to face the hassle of searching and booking a place outside the gated community to hold an event. The residents can organize a party at a private space of their own. 3.4. Indoor Sports Usually Sports Facilities are found outdoors and people cannot enjoy them as per their leisure or convenience. The hot summers or the rainy season will become a hindrance for Sports lovers. These ventures of Good Time Builders have a few indoor Sports that give you the liberty of tasting your loving sport whenever you desire or as per your leisure. The Waterfront Villas of Patancheru and the Lakeside Enclave of Isnapur has indoor Badminton Court so

All About the Different Types of Residential Spaces | Good Time Builders

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India is rich in cultural heritage and is considered to be a land of diverse cultures where we find different communities with multifaceted lifestyles. Their way of living is in accordance with the climate and the environment of their areas and the same is reflected in the types of houses. There are different types of residential spaces and before moving out to hunt accommodation one should know all about the different types of residential spaces. 1. Cultures and Demographics Reflect in Houses A house or a dwelling tells us about the lifestyle of a person in addition to proclaiming their social and cultural lifestyle. Their cultures and demographics reflect in their dwellings. There are different types of residential spaces which differ from each other in terms of architecture, look and building designs. The style of the house also depends on how the people live in a particular area. Technology is also playing a major role in the construction of houses. It is being used to minimize the impact of the environment. One gets to choose from several options if he wants to own an abode. Hence it is necessary to know about different types of residential spaces and also to find out which one fits in his budget or which one can become his dream house. The cities were experiencing vertical growth in the residential sector but the new norms that were set after the corona gave more priority to individual spaces or villas. But that doesn’t mean that the vertical spaces are reduced. To be honest, there is demand for all the different types of residential spaces. 2. Different Types of Residential Spaces When you are out to purchase a residential space, you will find a number of options which can perfectly match your lifestyle and which are loaded with style and luxury. A residential space can also be selected based on the social and economic status. Let’s highlight on some of the most common types of residential spaces found in India. 2.1. Apartments / Flats An apartment or a flat is a type of residential space that is a part of one or several residential buildings. It is a residential space inside a large building. Apartments and flats come up in saturated cities and support the vertical growth of the city. Planned townships with many additive features are getting common in today’s life. Though apartments and flats are similar types of homes, they are not the same. A flat is sometimes referred to a residential space which offers low or middle class accommodation whereas an apartment offers a luxurious and refined lifestyle.  There are a number of flats or apartments in a building. Mostly these flats and apartments are found in gated communities which offer a number of communal amenities. These are the most common types of accommodation preferred by the homeowners of today. These are usually sufficient for a family of 4-5 members. These may include 1-4 BHK with or without amenities.  2.2. Bungalows A bungalow is typically a small independent house, with either a single story or at times may have a second, half or partial story. Bungalows usually have an open floor plan with a simple architectural style. They are usually surrounded by a veranda or a front porch and enclose some personal open space. Nowadays one can also find huge bungalows that are luxurious and designed with modern architecture. These are used as a solitary family unit and possess modern amenities. 2.3. Penthouses  A Penthouse is an elite, expensive and comfortable flat or set of rooms at the topmost floor of a building. These are in trend now. People boast of living in a penthouse. These are expensive residential spaces. These are usually considered to be the luxurious units located on the topmost floor of the building. People pay more for these luxurious premiums as they have increased space, expansive outdoor terraces, and many more benefits and amenities. It is moreover like a deluxe apartment in the sky, which is away from the noise of the ground and close to nature and aesthetic views. It gets personal access to the terrace and offers a high-end luxury living. They are the largest in a building with most expansive and breathtaking views all around. 2.4. Studio Flats These are small residential spaces which has no separate bedrooms. These are usually rented by working persons. This type of residential space consists of sections without any barrier of walls or divisions. There are no separate rooms in a studio flat. Regardless of the number of floors in a building, a studio flat has a fixed number of rooms, like a living space, a bed space, a kitchen and bathing space, all in one room. It is a self contained unit with a more complex design. These are affordable and also consist of amenities. 2.5. Villas Villas are a sign of luxurious lifestyle. These are ultra large houses with personal open spaces, gardens and lawns and are a symbol of privacy. Enclosed in lush greenery, villas are nowadays enclosed in gated communities where a plethora of amenities are available for the residents of the villas. 2.6. Eco-Friendly Homes These are the Green Homes which are becoming the trend of the day. These eco-friendly homes are designed in such a way that they consume less energy and resources than the other common homes. These homes are energy efficient and constructed from non-toxic materials. They are made with environmentally friendly material and appliances. Wherever possible, recycled material is also used in construction. Eco-friendly homes are energy efficient houses and help to save on electricity bills. The eco-friendly material used in the construction of eco-friendly houses help to keep the environment clean and green and also reduce the rate of carbon footprint. 2.7. Gated Communities A gated community is a residential community or housing estate that has ample amenities and strictly controlled entrances and exits. The residential spaces inside the gated community can be villas, apartments, flats or studios. The gates

Rake More in Commercial Investment | Good Time Builders

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Real estate investment has always attracted the investors for various reasons, be it residential or commercial sector. After the reopening of the offices post pandemic, the commercial real estate industry is gaining grounds. It is performing exceptionally well and now, one can rake more in commercial investment. Commercial properties are now considered to be a safe bet and one can rake rental income from this investment. Any real estate which is used to carry out business comes under the banner of commercial real estate.    1. Commercial Sector Garners Prominence A major part of the workforce is back to the offices, though a few are still working from home. The IT companies, the start-ups which are actively in search of workspaces and the e-commerce that is boosting the warehouse demand, has together boosted up the commercial investment. The usage of high level technology in the commercial spaces by many reputed builders is attracting many real estate investors into the commercial investment. They understand that investment in commercial segment can help them rake more. Commercial investment is now becoming the preferred choice of many. A lot of flexibility is seen in commercial real estate sector. 2. Rake More in Commercial Real Estate   As we all know, real estate investment is a long term investment and nowadays, commercial real estate investment is getting prominent for various reasons. One can rake more by investing in this segment. Since the investment in this sector involves a considerably large sum of money, it becomes a bit tedious for a single retail investor. Hence, Real Estate Investment Trusts (REITs) and fractional ownership comes into play. These are the usual ways of commercial real estate investment. With these, commercial real estate investment is reachable to ordinary investors as it reduces the size of the ticket.  One can rake more with commercial real estate investment due to various reasons. Being real estate, it is not affected by price fluctuations and its market is not volatile. This investment has a proper lock-in period that protects and shields the investment and also guarantees the returns. In addition to that, the commercial property which is in a strategic location is basically a gold mine as it is widely valued by a particular section of renters. The investment in such locations will continue to pay off as a passive income stream and one can rake more from such commercial real estate investment. 3. Methods of Investing in Commercial Real Estate No doubt, the big shots can invest in the commercial sector individually but it is not the cup of tea for all investors. There are two methods of investing in commercial real estate which are highly preferred by those investors who cannot buy the commercial assets individually. 3.1. REITs This abbreviation stands for Real Estate Investment Trust which is basically a company that owns, operates or finances income-producing real estate. It gives an investment opportunity and anyone can invest in portfolios of real estate properties in the same way as one invests in any other industry. One can invest through the purchase of individual company stock or through a mutual fund or exchange traded fund (ETF). The investors in REITs will enjoy the share of the income produced without actually purchasing the commercial asset and even without taking care of the property.  3.2. Fractional Ownership In this method of investment, a group of like-minded investors pool in their funds to purchase a commercial property. Each investor owns a fraction of the property, that’s why the name fractional  ownership. Here the size of the ticket is small, though in multiples of lakhs. Usually the minimum ticket will be for 25 lakhs. The income obtained from such pooled investment will be divided among the investors as per their share or proportion of investment. Fractional Ownership allows the investors to diversify and invest in multiple properties in different locations. 4. Where to Invest In Commercial Sector For ages, real estate has been considered to be one of the most resilient and strong asset. Here, the prices of properties don’t keep changing on a daily basis. It is the most trusted source of investment and since investment is in bulk in the commercial sector, the returns will also be appreciating. Commercial sector is a constantly growing market which houses businesses, retail and office spaces. Below are mentioned the types of commercial real estate. 4.1. Commercial Multifamily Real Estate Any income generating property that is used for residential purpose is said to be Commercial Multifamily Real Estate. Though the property serves as a residence but the main purpose of this asset is investment for rental income. It should have more than one residential unit to be counted as a Multifamily. One enjoys multiple streams of income from multiple units and gets a chance to rake more.  4.2. Office Spaces Real Estate The office buildings and the offices are categorized into different types based on the size of the structure. Whatever be the size, they fall under the commercial sector of real estate and hold a good demand for its multi-tenant capacity. Getting tenants for office spaces is not at all a task nowadays. The office buildings are also grouped into different categories based on the location of the building and the health of the surrounding market. 4.3. Industrial Real Estate It is pretty much easy to enter into Industrial real estate due to its low entry cost and flexibility. As the name goes, this type of assets, includes, spaces that accommodate industrial activities, including production and manufacturing units for businesses. Various other types are also included in Industrial real estate like bulk warehouse, flex warehouse, heavy manufacturing, light assembly, cold storage, showroom, etc. 4.4. Retail Real Estate The word clearly indicates that these businesses deal directly with the customers. Retail real estate assets are centrally located in the heart of the town, to be more accessible to customers. This category includes community retail centres, power centres, regional malls, neighbourhood shopping centres, and more. 4.5. Hospitality Real

Advantages of a Second Home | Good Time Builders

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A house, if it is your own, gives tremendous joy and a peaceful life. It also saves your future, your retirement and is considered to be a great investment. What great enjoyment it would turn out if it is a second home! The practice of having a second home gained grounds after the pandemic. Moreover, real estate investment has always been beneficial in all aspects. Hence, homebuyers do not hesitate even once before investing in a second home. A holiday or second home can be an additional house, a luxury holiday or you can even make it your primary residence and rent out the existing one. There are a number of advantages of a second home.    1. Why to Invest in a Second Home Since ages, investment in real estate has always been a lucrative option. After facing a tough time during the lockdowns and then the latter part of the pandemic, people have realized that it would be better if they could go for a second home or a luxury holiday or a weekend home. This would give them a chance to flee from their primary residence in adverse situations like the pandemic. Moreover, why can’t a second home become a primary residence! Even if all goes well, how great will be a thought to spend some time in our second home, just away from the noise and pollution of the urban life, just in the serene and tranquil environment! So, an investment made in a second home can serve multiple purposes. A second home helps you to get away from the cacophonous urban life. When not in use, this property can be rented out and you can enjoy some extra income. A second home turns out to be a great capital appreciation which can be in turn invested in an even better property. 2. Good Time Builders with First and Second Homes Good Time Builders, a buzzing name in the real estate sector is out with its ample, luxurious villas, which offer a healthy and peaceful lifestyle in an aesthetic environment.  The value of real estate keeps rising. No one has ever heard of the falling rates of properties. Hence the number of homebuyers, on the hunt of second home is rising. If you are also on the hunt of a home, be  it a first home or a second one, then Good Time Builders have luxurious villas in two of its ventures- the Waterfront 3bhk Villas in Patancheru and Lakeside Enclave Villas at Isnapur. These villas are luxurious and serve for both the purpose, as first and primary residence and as the holiday home or the second home.   Waterfront has 3BHK villas projects in Patancheru which offer a full-fledged and comfortable lifestyle. The villas of Lakeside Enclave at Isnapur are also loaded with facilities and amenities. This project of Good Time Builder is a bit different from the other ventures because it has different types of homes, that is – apartments as well as villas.  Both these ventures are on the verge of completion. You can go for a home in any of the two ventures if you desire to live a holiday lifestyle throughout your life. Being gated communities, both the ventures have a serene, comfortable and a lavish lifestyle with abundant amenities. 3. Advantages of a Second Home Though there are a number of advantages of owning a second home, a few are mentioned here for your reference.  3.1. Financial Security Increases One of the major advantages of a second home is the increase in financial security. It will bring a rise in the cash flow. Since you already live in a primary residence, the second home can be let out on rent and begin earning money. If you desire to live in the second home, then the first home can be given on rent. In both the cases, extra income is for sure at your disposal.  3.2. Real Estate Portfolio Swells Up You can expand your real estate investment portfolio by investing in a second home. Multiple properties bring in more money in the form of rent. Real estate portfolio as well as investment portfolio, both get the advantages. It also strengthens the income generated from these investments.  3.3. Easy Retirement Plan A second home, as said earlier brings extra wealth, which can offer a secure life after retirement. A second home after the retirement, will turn out to be a cozy and safe place because one prefers a serene atmosphere after living a busy lifestyle throughout the working period. Retiring to a second home, away from the hustle and bustle of the city will be an ideal lifestyle. It will turn out to be a retirement abode.  3.4. Benefits on Tax One enjoys a few benefits on tax, with a second home. This is an added advantage. One can enjoy tax benefits on getting a home loan for a second home. Section 80 C and Section 24 B come into play here. One can claim a tax benefit of Rs. 1.5 lacs on the Principal repayments of the home loan and also a deduction of Rs. 2 lacs. 3.5. Second Home – Holiday Home If you want to plan a holiday at your expenses, then it will not be possible many times in a year but with a second home, you will be free to go on a holiday whenever you desire. You get the freedom to travel without any worry of high rental rates. The tenure of stay can also be as per your choice. You also get the liberty of inviting your family and friends on a vacation. 3.6. Risk-free Investment By now, we all know that real estate investment comes with least risk. Property investment offers more significant returns as compared to other assets. They are immovable assets and don’t get volatile. Their rates have never fallen to zero. As compared to other types of investments, real estate investment can be done by anyone and it does not demand

Why Everyone Loves to Live in a Villa | Good Time Builders

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A Home is a Bliss and an own home is a Blessing. When God has provided us the means to own a home and that too, a big one, then why settle with a small one. Each and everyone love to live in a villa, though the dreams of some may not get fulfilled.  1. A Shelter From The Storms of the World A home is the only place which protects your family, provides shelter and keeps you safe in thick and thin. This home of yours also keeps you connected with the people around you as well as your relatives and well wishers. Each and everyone wants to own a home and it is also true that everyone loves to live in a villa. Reasons for this desire are many. A number of homebuyers yearn to live in a villa and to make it possible for many, Good Time Builders have created two stupendous and lavish ventures, Lakeside Enclave of Isnapur and the Waterfront Villas at Patancheru. These comfy ventures are on the verge of completion. Life in these villas is going to be a truly luxurious and comfortable experience. There are various reasons why everyone loves to live in a villa.  2. Benefits of Living in a Villa There are a number of benefits which are availed by the residents of villas and these become the reason to love a villa. A few of these are mentioned here. 2.1. Utmost Privacy in a Community Life Everyone loves privacy though it is not provided to all. In a gated community life, when we live in buildings shared by many apartments, privacy is hard to find. We may get a few moments of privacy inside our house, but even the corridors are not silent. There is no privacy in the corridors or the lifts but a villa life offers you utmost privacy in all your acts and deeds. In a villa, there is no fear of any interference from the neighbours. You don’t find any prying eyes or nosy neighbours. Though you can enjoy the perks and amenities with the other residents of the society, you get utmost privacy in a community life. A villa doesn’t share any walls with the neighbours. It comes with exclusivity. That’s why everyone loves to live in a villa. 2.2. Tranquil and Blissful Environment As the villas are constructed over huge areas, you don’t find the disturbances of traffic or public. The ventures of villas are adorned with landscapes and trees, thus creating a serene and tranquil atmosphere for the residents to live a peaceful life. These spaces help to rejuvenate and connect with nature. The cool and fresh breeze will soothe your eyes and calm your nerves. The green plants and trees provide quality air to breathe and refresh your lungs, thus providing a healthy lifestyle. 2.3. Spacious Spaces As known to all, villas are spacious spaces which provide ample space for all your activities. Every member of the family gets enough space to relish and there is no cramping in villas. In addition to individual space, most of the villas provide space for entertainment like Home theatres on the top floor, lounge and ample open spaces. Villas are airy and well ventilated. They keep you fit and healthy. These spaces make you love a villa.   2.4. Liberty of Customization We all like to make up a place as per our requirements or to suit our taste but it is not possible in many types of houses. It is the villas that give you the liberty of customization. You can modify the interiors, create a place as per your requirement, may be for work or study or something else. You get all the freedom to customize your villa as per your dreams or as per your need. 2.5. A Symbol of Luxury and Lifestyle Our house reflects our lifestyle; actually it speaks volumes about our lifestyle. It is a reflection of the life we live. A villa is considered to be a symbol of luxury and sophistication that provides an exclusive lifestyle to its residents. It offers elitism and becomes a means of pride. That’s why everyone loves to live in a villa. 3. Galore at the Villas of Good Time Builders The Waterfront 3BHK Villas of Patancheru spread over 1800 sft. These villas are spacious and well ventilated. These are 94 units in all loaded with amenities and a perfect means of investment.  The Lakeside Enclave of Good Time Builders is located at Isnapur and provides a serene and tranquil atmosphere. This is a unique venture, one of its kinds, where you find villas and apartments, together at the same venture but the privacy of villas is maintained as these are placed quite away from the apartments. The comfort and the amenities provided at this venture make everyone love to live in a villa. Both the ventures of Good Time Builders display a lovely and enticing environment with Landscape gardens and parks. The Avenue Plantations impart beauty to the atmosphere and provide quality air. A well loaded Clubhouse is for all ages and a perfect means to spend leisure. These villas, like others, do not share any common walls and keep you away from the prying eyes of nosy neighbours. They are located in a well suited neighbourhood and offer ample opportunities to socialize and enjoy a good cordial relationship with other residents of the society. 4. Why Everyone Loves to Live in a Villa Villas have gained popularity as a spot for holiday but nowadays one can enjoy living in villas throughout their life. They can venture the same holiday experience all through their life, with their families. After buying a villa, you need not go out for a holiday. The luxurious villas, like the ones created by Good Time Builders, provide the luxury of living with ample amenities and the residents can have fun in their leisure, along with their families. With a very peaceful atmosphere and no disturbance

Real Estate Advances with Proptech | Good Time Builders

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Technology, the lifeboat of a plethora of industries and businesses, is also making its way into the deep layers of real estate. This vast industry which provides an abode for every family has now fastened the seat belt of technology to fly higher. The technology that is used in real estate is known as Proptech. 1. The Buzzword ‘Proptech’ As the global industry takes a paradigm shift due to the technological disruption, our Indian real estate is also striving to fly higher with the help of technology. Among these digital and technological innovations, Proptech is a word that is buzzing around in the real estate of India. It stands for property and technology and signifies the importance of technology in real estate. In today’s real estate, we find that technology has barged in every sector and giving higher and better results. Today, Real estate advances with Proptech. 2. Proptech Transforms Real Estate Proptech began to gain strength after the pandemic. The competition for online real estate has increased since then. Use of technology has been welcomed with open arms by all the players like developers, brokers, investors and consumers. Proptech provides complete lifecycle support in property management and also gives information on buying and selling data to make long term decisions with accuracy. Various sectors are sprouting out from Proptech like the Consumer Tech, where technology helps the potential customers to reach real estate marketing and sales cycles. The technology which is being used in the construction is said to be the Construction Tech and this includes AI, drone surveillance, and BIM etc. The Home Tech is also gaining grounds as this technology is available for the customer and includes smart homes, security features etc. The following are some of the main avenues of Proptech where real estate is advancing rapidly. 2.1. Cloud Computing This real estate Proptech favours both consumers and developers. It helps the developers by providing access to supporting software and data without spending anything on the hardware. Large amounts of data can be stored on Cloud. This technology helps the consumers with integrated solutions such as payment gateways, chatbots, customised search, etc. 2.2. Blockchain This technology is bringing in transparency in the real estate industry. It helps the developers with digital land records by reducing time and improving transactions and asset liquidity. With the help of this technology, consumers also enjoy a seamless process of ownership of assets. 2.3. Artificial Intelligence and IoT Artificial Intelligence or AI is taking care of real estate since a long period but the intensity of its use has increased now. It is bringing a revolution in all the sectors of real estate. It is a major tool of Proptech and it is true that real estate advances with Proptech because of such strong technologies.   Iot is the reason for smart homes and with the help of sensors, it is playing an important role in the construction sector too. The sensors which are embedded under the subsurface layers of a structure and then connected to the computers, help to monitor the health of the structures. Who is not aware of the smart homes which help us to control the devices at home from any part of the world!! It is true that Real Estate advances with Proptech.  2.4. Big Data Analytics This technology is considered to be a very complex process but it helps the organizations to reveal information and also gives a way to analyze data sets and collect new information. This is an advanced analytics and involves complex applications which includes predictive models, statistical algorithms etc. Most of the sectors of real estate have gone digital and these are open to information day in and day out. 2.5. Virtual Reality It is beneficial to both the consumers and the developers. Through VR the developers can create walkthroughs of the property along with its neighbourhood and the consumer can feel the reality experience without any physical site visits.  2.6. Drones  This factor of Proptech is extensively used to supervise the construction site and get the aerial images of the same. It is also used to inspect those dangerous spots of construction which can be hazardous for humans. 3. Proptech at Developers’ and Brokers’ End Technology is dancing in every sector of real estate. Developers, brokers and agents use technology for pre-sales processes, lead management, product showcase, and unit bookings through online channels and Virtual Reality is the most widely used Proptech where the builders shows the flat virtually and save costs on building a sample unit. VR has reduced the physical site visits of the potential homebuyers. Real Estate advances with Proptech. Technology has also disrupted the construction sector, where Proptech like Drones, AI, BIM and much more are used. Drones are used to supervise the projects and strengthen the quality and safety of the workers. It also helps to get aerial images of the site and helps to supervise the entire construction process. Proptech helps to collaborate easily, supervise and scale operations quickly. 4. Proptech at Consumer’s End Basically, the consumers are the strongest players of Proptech because the real estate revolves around them and today the real estate market is consumer’s market. The millennial generation is choosy and concerned more about their lifestyle. Prior to taking a decision to buy an asset, they go online and look for properties, research about the developers, read reviews, do a comprehensive site visit, and then book a property. They are more into the technology. They also like to complete the transactions online, thus saving time and efforts of travelling. Blockchain technology is the reason for maintaining transparency in the sector while VR plays a significant role in letting customers understand the product. With the help of walkthroughs, and talking to a consultant online, this generation goes to the extent of booking the property without being physically present in that state or country. Home tech is also empowering consumers and offering Home Tech with IoT, smart devices which can be easily

Infrastructure of Hyderabad and Real Estate work in Tandem

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Real Estate industry of Hyderabad is on the surge and so is the infrastructure. It seems like these two works in tandem and decorates the city. Many homebuyers are attracted with the infrastructure of Hyderabad and are investing in the real estate of this city. Hyderabad real estate is becoming the most preferred investment destination of many, especially the millennials.  1. Colossal Real Estate Development in Hyderabad Real Estate of Hyderabad has witnessed a colossal surge in development. There are various reasons that support this growth but the main and the strongest reason is the infrastructure of Hyderabad and its rapid development. The affordable residential prices, government stability, social and commercial infrastructural excellence and strong development of the IT corridor work in tandem with the real estate sector and support the sector to boom and bang in Hyderabad. No doubt, the sales and the prices of the residential real estate have been on the rise over the years. The prices of the residential market are always affordable and have been luring the homebuyers, even from other states. The main drivers of the real estate sector are the growing IT/ ITeS sector and the robust infrastructure development and these two work in tandem with real estate industry. 2. Infrastructure Helps Real Estate to Grow Enormously A number of factors support the growth of real estate.  Some of them are created due to the excellent infrastructure of the city. Investments in the peripheral areas is on the rise and with the government augmenting infrastructure to facilitate living, more companies may be attracted to set up their units on the peripheries of Hyderabad. These areas will definitely witness tremendous growth in the real estate sector as well as in the infrastructure due to the increasing investments and the connectivity. A few of the factors are mentioned below. 2.1. An Enticing Job Market Hyderabad has been growing rapidly and its infrastructure is always ahead of its growth. This tantalizing infrastructure is alluring the global organizations to have their branches or head offices in Hyderabad. The existence of some of the top global organizations like Amazon, Microsoft & Google has created massive job opportunities in Hyderabad, and has been enticing a large pool of talent from different parts of the country. A number of other blue chip global organizations are also the reason of creating job vacancies with their presence in Hyderabad. Some other sectors like manufacturing, defence and aerospace, financial services, engineering, pharma and hospitality also contribute in strengthening job market. This extended and extensive job market is in turn the reason for the real estate to flourish. 2.2. Decreased Commute Timings The government of Telangana is taking a number of initiatives to kill the traffic congestion and the Strategic Road Development Plan or the SRDP, is a flagship programme of the State government is one such initiative. This programme is pretty much successful in its aim. This helped to improve the basic amenities, improved traffic monitoring facilities, minimised travel time along with increasing the speed of the journey. It also helped in reducing air pollution levels. A number of Flyovers, major corridors and road over bridges have helped to reduce traffic congestion and also decreased the commute timings. 2.3. Support from Government Policies The Government of the state has always been lending a helping hand in the growth of the real estate sector. A few regulations like RERA and GST that are imposed by the government, helped to boost the sector. These regulations favour both the buyers and the sellers. Actually it supports the real estate sector too. RERA has brought in transparency and trust in the sector and also improved the activities in the commercial real estate sector resulting in creating more job opportunities and in turn strengthening the real estate industry.  2.4. Safety Accompanied by Quality of Life Hyderabad is the safest city for women and this supports the fact that women from here work in the IT, ITeS and financial sectors at night shifts without any fear of being assaulted or harassed. The CCTV cameras, the support and faith in SHE Team and the constant police patrolling makes Hyderabad a safer city for women, to live and work. Though not 100% free from untoward incidents, it is far better than many metro cities.  Being a technology hub due to the existing global giants and many more that has expressed their interest in setting up their business in Hyderabad; the employment is on rise and simultaneously the real estate sector is also blooming. This city offers a Quality life which is affordable and has a good climate and safety index. 3. Infrastructure of Hyderabad and the Real Estate Work in Tandem Hyderabad is the city that attracts and respects talent, hence people from around swarm into this city. It has an excellent Socio Economic Infrastructure which includes excellent Schools, Universities, Hospitals, Malls, Entertainment, Metro Rail, International Airport etc. and a stable government that works effectively and concentrates well on the infrastructure of the city. The T Hub of Gachibowli promotes and fosters an environment of innovation and collaboration bringing in many start-ups under the same roof.  There are a number of infrastructural developments in Hyderabad but developing transportation and connectivity routes across Hyderabad is a significant one. The three-corridor elevated metro rail project, the Hyderabad Metro, which is 72 km long, has provided a major boost to the urban infrastructure and in turn to the real estate. It has made major IT and commercial hubs of the city, easily accessible. This city also has a good connectivity to the Rajiv Gandhi International Airport which is considered to be one of the best airports of the world. It looks as if the infrastructure of Hyderabad and the Real Estate work in tandem and help the city to flourish and prosper. The ORR or the Outer Ring Road has made commuting very convenient due to its easy connectivity and less commute time. The far off areas are now easily connected to the IT parks

Contemplate Before Investing in Commercial Property

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Investment in Real Estate is the most tested and trusted one. It has proved its mettle in many drastic conditions, like fall in economy, during Corona and even during monetization. Each and every time, it was the real estate that bounced back to feet before others and that too with very minor loss. Among the various types of real estate investments, investing in Commercial real estate is more profitable but it requires more investment too. Moreover, one should always contemplate before investing in Commercial property. 1. Commercial Real Estate Investment Commercial Real Estate is a rapid and continuously budding market but it is necessary to contemplate before investing in commercial property. It includes businesses, retail and office spaces. Any real estate that is used to carry out business operations is considered as commercial real estate. It doesn’t include any type of residential property. Because of real estate investment trusts (REIT) investing in a commercial property has become more cost-effective and less time-consuming. Investment in real estate can generate a consistent income flow in the form of rentals.  Commercial property investment offers steady growth and financially rewarding results that continue for years. This investment is safe and secure from price fluctuations and is a long-term investment. Due to the lock-in period, your investment remains shielded while guaranteeing returns. If the commercial property is in a strategic location, then it turns out to be a gold mine as it will be widely valued by a particular section of renters. Commercial real estate investment turns out to be a passive income stream. Commercial Property includes the following: 1.1. Real Estate for Office Spaces  As the name proclaims, the space used for office is considered to be office space and it is in demand due to its multi-tenant capacity. Office spaces include Commercially Zoned Homes, Medical Offices, Suburban Office Buildings, Central Business District: business districts that house a collective group of big companies; etc. A commercial property can become a multi-tenant property based on the property’s style and location. 1.2. Industrial Real Estate Investors feel it relatively easy to enter this sector due to its low entry cost and flexibility. This sector accommodates industrial activities, including production and manufacturing units for businesses that include bulk warehouse, flex warehouse, heavy manufacturing, light assembly, cold storage, showroom, etc. 1.3. Retail Real Estate Retail Real Estate properties are centrally located in the heart of the town and are easily accessible. These properties house those businesses that sell products and services directly to customers. This category includes community retail centres, power centres, regional malls, neighbourhood shopping centres, and more. 1.4. Hospitality Real Estate This category of Commercial Real Estate serves travellers and people looking to unwind and Hotels, resorts, entertainment parks, home-stays, and more are included in this sector.  Hotels of all types are covered under this category. 2. Benefits of Investing in Commercial Property Investing in Commercial property brings in consistent returns, regular flow of income and also holds the advantage of multiple income streams. This type of investment has a higher rent, high prices and also a very high potential to yield financial results. The only precaution is that one should always contemplate before investing in Commercial property. This is a great way to increase your wealth.  Here are a few benefits of investing in Commercial Property.  2.1. Steady Cash Flow By investing in Commercial Property, one remains stress free because the income remains stable even when the financial market is volatile. Real estate investment never gets affected with the volatility of the financial market as compared to other investments, like shares and stocks. It also yields more income as compared to other types of income; no doubt the investment is also more here.  2.2. Builds Considerable Equity Investors build up their wealth by investing and the amount of value an investor has built up over a period of time is known as Equity. By investing in Commercial property, one gets steady and relatively high returns, so the investor can build equity quickly and can also witness significant benefits as the property appreciates in value. 2.3. Can Leverage Significantly Since the payment for a real estate property is done either by mortgage or down payment, the investors feel that it is profitable to buy an asset in this way. They don’t have to pay in full; still it is advantageous as it increases their leverage. One also enjoys higher gains as compared to other forms of real estate investments. 2.4. Has More Intrinsic and Appreciation Value Commercial properties have always provided excellent appreciation value as compared to other types of Real Estate investments. No doubt the investment in a commercial property is also more. This type of investment has a solid intrinsic value too. It is a hard asset and the right location will keep investors safe from loss of cash inflow. 3. Contemplate Before Investing in Commercial Property Though investment in commercial real estate is considered to be one of the best investments for passive income, it is essential to Contemplate before investing in Commercial Property. The investors should carefully examine their financial health, investing goals, risk-bearing ability, and profit-generating timeline. One needs a hefty amount of capital to invest in a commercial property. In addition to this one also needs vast practical knowledge, immense information and experience about commercial Real Estate. The investor should also have knowledge of its legal and financial aspects. One should also look out for structural condition and aesthetic appeal of the building and the location where it is situated. Estimated costs of maintenance and renovation, if required should be considered. As an investor, you should also check the estimated monthly income predicted, to be generated by the property. The Scope of future appreciation, returns and profits from that Commercial property should also be analyzed. It is essential to contemplate all these factors before investing your hard-earned money in a commercial property. The returns on investment of Commercial property are very luring but a wrong step may tumble down

Waste Management and Composting in Gated Communities

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The population of the world and the garbage generated by the humans is directly proportional. As the population rises, so is the garbage. It is time we take some steps for waste management; otherwise half of the world will get filled with garbage. Gated communities have taken a step further in getting rid of this heaps of garbage by having a proper waste management system and have also introduced composting pits on their grounds. It is very essential to take proper measurements in waste management as well as to dispose-off garbage in a better way, known as composting. 1. Effects of Poor Waste Management When proper techniques are not followed for waste management and there is an improper disposal of waste, then it becomes a threat to the environment as well as to life. In addition to this, the foul smell creates air pollution. The solid wastes from industries, if not discarded properly, can create biological and physicochemical issues to the environment, the chemicals may seep into the soil and pollute the groundwater and also have an effect on the productivity of the soils in that particular area. Hence, proper techniques have to be followed for the waste management.                                                               2. Know About Waste Management All the actions that are essential to handle the waste from its inception to its final disposal is said to be waste control or waste management. Storage, transfer, management and recycling of waste along with control and enforcement are a part of the waste management. It also includes the 3Rs – reduce, reuse and refuse. The waste which can be recycled is first sorted out. Then the wet waste goes for composting and most of the gated communities have also taken the responsibility of decomposing, that means , the waste generated in the gated communities will get converted into manure by means of composting and vermin-composting. Finally the waste which cannot undergo all these processes are dumped and then taken care by the waste management. Recycling, Incineration, Landfill, Biological Reprocessing and Animal Feed are the most popular types of waste management. 3. What is Composting and Compost Composting is a natural progression of decaying or decomposition and recycling of organic substances by microorganisms into humus rich compost, but under controlled conditions. The organic material that is thus created by composting is known as compost. This stable material can be used as a fertiliser. The plant and animal wastes are naturally degraded to produce organic manure that enriches the soil and helps in the growth of the plants. This is a slow and inexpensive process that does not harm the environment. Compost is used as a fertiliser in gardening, lawn maintenance, horticulture, organic agriculture, and urban farming. Compost serves as a natural fertilizer, manure, natural soil pesticide and also adds essential humus or humic acids to the soil. Gated communities use this compost as a fertilizer in their landscapes and greenery. Vermicomposting is a technique of composting that utilizes earthworms, which are stored in dedicated containers and fed with kitchen oddments and other plant material. Their rich castings, is nothing but manure. So, after many weeks, these worms are removed from there and the collected manure is used as a natural fertiliser. 4. What Can be and Cannot be Composted A number of things which are discarded as waste from our houses like fruits, vegetables, dairy products, grains, bread, unbleached paper napkins, coffee filters, eggshells, meats and newspaper can be composted. Red meat, bones and tiny amounts of paper can also be composted but these items take longer time to decompose as they attract vermin, pests and insects to partially decomposed meat scraps.  Plastics, grease, glass, and metals — including plastic utensils, condiment packages, plastic wrap, plastic bags, foil and silver ware, drinking straws, bottles, polystyrene or chemicals cannot be composted.  5. Benefits of Composting Compost is formed when some organic material like food waste and plant material is naturally broken down by fungus and bacteria. This so formed compost has a number of benefits. Being a natural and organic process, it saves money and doesn’t need any chemicals, fertilizers or pesticides. Composting is a cost efficient activity and quite helpful for the overall health of the soil. It helps to improve the fertility of the soil and also protects the plants from diseases. The micro-nutrients present in compost serves as pesticides and add helpful microorganisms like bacteria and fungi to the soil. Creating compost is a type of exercise and physical activity and also helps you to recycle the home waste. Compost is cost effective and good for the environment. It is the best fertiliser for organic farming. 6. Vermicompost – Organic Fertiliser To save humans and Mother Nature from immense destruction and to beat the future hazardous land degradation, it is essential to realize the importance of organic farming. Extreme and unnecessary use of chemicals in the crops has given rise to a fall in food quality, poisoning of food items and especially destroying our whole eco-system. It is high time that we shift ourselves from chemical fertilizers to Vermicompost or organic manure by composting. Vermicompost is a liquid organic fertilizer produced by earthworms during earthworm compost production. 7. Advantages of Vermicompost Vermicompost is totally organic and does not cause any damage to the health of humans. It has no harmful chemicals and does not need to be mixed with anything. It is used as a fertilizer for organic farming and reduces the need of pesticides. The use of Vermicompost gives rise to healthier plants with good growth. It is quite affordable. Enriched with bacteria and microbes, the Vermicompost helps plants to become disease resistant and also repels some plant pests. 8. Waste Management and Composting in Gated Communities Some gated communities have taken up the initiative of composting with the wet waste of their societies.

All About Probate | Good Time Builders

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The word ‘Will’ is not new to all of us. We know that a will is a legal document which declares the wish or desire of a person to distribute his wealth and assets to the legal heirs or to anyone he wishes. Basically it helps to distribute the property and assets of the person.  A ‘will’ has to be signed by two witnesses and at times, the person selects an executor to distribute his assets as per the will. There is one more word that is related to a ‘will’, i.e. Probate.  This is nothing but a copy of the will that has to be certified under the seal of the court. Let’s learn more about Probate and the aspects related to it. 1. What is a Probate A Probate is a copy of the will that is certified under the seal of a court of competent jurisdiction that permits to distribute the assets of the estate of the testator as per his will. A probate is a convincing proof of the fact that the will is genuine and is the last will of the testator or the deceased. A Probate of a will is not mandatory but obtaining it is advisable because it stands as a valid proof in case of the will being contested in future on any ground. 2. A Testator and An Executor A Testator or a Testatrix is the person who makes a will. In it, he mentions the name of a person or persons who has to execute his will. This person or persons are said to be the Executors. If the name of an executor is not mentioned in the will, then any of the legal heirs can be selected as an executor or the legal heirs can appoint someone as an Executor. Only an Executor can apply for a Probate. He has to make an application for grant of a probate under the seal of the court, certifying the Will. An Executor can apply for a Probate after 7 days of the death of the testator. The entire process may take upto nine months to complete but might stretch to even two years if any objection arises from anyone. 3. All About Probate It is a fact that one cannot Probate a will before the death of the Testator. A will can be filed for a probate only after the Testator passes away, that too after a week of his death. He has to file for a Probate in that state where the deceased person was living at the time of his death. An Executor cannot exercise his rights unless the Court of competent jurisdiction has granted a probate. A Power of Attorney holds rights only during the lifetime of the person granting him those powers. He plays no role after the death of the testator. A will is also valid with the signature of the testator and the attestation done by the witnesses but the credibility of the will increases with the probate of will. It is an official proof as it is certified by the court and holds a seal of the court. It authorises the Executor to execute or implement the will as desired by the deceased. He also gets the right to pay off the bills or the debts owed to the creditors.  Probate becomes essential when the assets of an estate are solely in the name of the deceased or the Testator. To transfer the property to beneficiaries, the estate has to go through the Probate of the Will. If the Testator owns immovable assets in different states, then also a probate becomes essential as it helps to ease the process.  All assets that are absolutely owned by the decedent are subject to Probate. These include real estate property, jewellery, furniture, and automobiles. A probate is also required if the beneficiaries of the will have died before the testator.  If there is no dispute among the legal heirs over the will, then they can do without the Probate. 3.1. Procedure to Apply for the Probate Only the appointed Executor or the one whose name is mentioned in the Will is eligible to apply for a Probate. He has to make a petition to a competent court for the issue of a Probate. Based on the value of the assets mentioned in the will, the Executor has to pay the court fees. Fee for Probate differs from state to state and the fee of the probate also depends on the value of the assets. The lawyer’s fees and the court fees and all the costs of probate will be paid out from the estate of the testator. The Executor will also have to mention the names and addresses of the legal heirs of the deceased. This helps in issuing them a notice prior to the probation of the will. The facts of the death of the Testator along with proofs have to be submitted to the local authorities. The Executor is also expected to prove that the will submitted for the Probate is the last will of the deceased and no other will was made after that. 4. Challenges to a Will or Probate Claims Challenging a will is not a piece of cake. The court of law strictly supports the Will as the deceased or the Testator is not alive to defend himself. Under a few circumstances, a will or a probate can be challenged. If the court gets convinced, then the will can be voided. The following aspects can help to challenge a will and after that only it is ready for probate. 4.1. Lack of Implementation Lack of proper execution can also become a reason for the will to be challenged. A valid will can be legibly handwritten or typed and needs to be signed by the testator and two witnesses. It would be better if the two witnesses are much younger than the testator.  4.2. Lack of Knowledge One should have a

Invest Now to Reap Healthy Returns at Patancheru | Good Time Builders

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A happy life demands a secure and safe future of ourselves as well as of our family. There are numerous ways to secure our future, but one of the best ways is to invest in a property and reap healthy returns over a period of time. One should always invest in locations which are futuristic and where there are more chances of price appreciation. One such location is Patancheru where the real estate market has boomed in the past few years due to its infrastructural development.  1. Why Patancheru Patancheru is an industrial hub located in the north-western end of Hyderabad. The development of infrastructure and the setting up of several multinational companies has helped the real estate sector to boom in this area. This area is now transformed into a residential hub and is increasingly appearing on investors’ radars. Being situated on the Outer Ring Road and Hyderabad-Solapur Highway, Patancheru enhances connectivity with other parts of the city. The locality also enjoys bus and railway connectivity. It enjoys access to well-connected roads and good transport network. Patancheru boasts of social infrastructure and all basic amenities. It is an employment hub with several companies like Finecab, Biological. E, Sandvik Asia, Asian Paints etc. It is also home to numerous e-commerce companies. It is an area where you can invest now and reap healthy returns over a period of time. With reputed educational institutions in the vicinity, Patancheru has become a prominent residential area. Educational institutions like GITAM University, Maheshwara Institute of Technology, and RRS College of Engineering and Technology, St. Joseph’s High School and Amaltas Green School are some of the well known institutions that impart knowledge here. A number of Healthcare facilities like Max Care Hospitals, Sai Ganesh Multi Specialty Hospital etc. are also in proximity. A few renowned malls like Maruti Infinity Mall, Kakaji City Centre etc. lie close to Patancheru. Numerous big and small grocery stores are spread all over the locality. Our neighbourhood also affects our lives. It is necessary to consider the neighbourhood before investing in a venture. Patancheru has a well-developed infrastructure and a good neighbourhood which can provide all the necessities of a comfortable lifestyle. The area is peaceful with a secure atmosphere. Being a bit away from the concrete jungle, the atmosphere is clean without pollution. With a lush green environment, Patancheru offers a healthy lifestyle. You can invest now and reap healthy returns at Patancheru. One can find many options to own an abode of their dreams and one of the best ventures is created by Good Time Builders, i.e. the Waterfront Villas, a new landmark at Patancheru. You can invest now and reap healthy returns at Waterfront Villas, in addition to living a cozy life with your family. 2. Reap Healthy Returns at Patancheru Waterfront Villas of Good Time Builders is located in the fast growing residential location of Patancheru. This venture has the potential of providing a healthy and joyful life with the best of its amenities. One can reap healthy returns if one invests now in this venture.  2.1. Proximity of Vital Services and Safe Neighbourhood All the necessary services which are required for a comfortable life are available in the vicinity of Waterfront Villas. It has a neighbourhood which can provide reputed educational institutions, be it a school or a college. Located in a prime location, this venture is about 18 kms from Hi-Tech City. This area maintains an elegant standard of living. With good connectivity to all the major points of the city via road, rail and buses, Waterfront Villas is a perfect residence where one can invest now and reap healthy returns over a period of time.  2.2. Safety at its Best Being a gated community, Waterfront Villas offers a safe and secure environment. The entrance and exit of this venture are manned by security personnel and no intruder or any guest can enter the premises without your approval. Moreover the area is safe for the elderly people as they can spend their evenings in the open spaces and landscapes which create an aesthetic atmosphere. Kids can also enjoy their unscheduled time in their exclusively allotted kids’ area without any supervision. 24 / 7 security is available here along with surveillance cameras. 2.3. Elegant Waterfront Villas Being away from the concrete jungle and the buzz of the city, these Waterfront villas offer a serene and tranquil atmosphere. Built with stylish and modern architecture, each duplex and luxurious 3BHK villa is built on an area of 1800 sqft. With 94 comfy villas in the gated community, Waterfront offers the freedom of independent living with a blend of community living. 2.4. Close to Nature This venture keeps its residents healthy with its pure and clean nature which is devoid of any pollution. It is free from air and noise pollution. These villas bring you close to nature with its numerous open spaces and trendy landscapes. One gets to breathe clean and quality air in the open environment of Waterfront Villas. 2.5. Healthy and Lavish Amenities Waterfront Villas provides privacy and luxury to its residents with its bouquet of amenities. Spread over 6 acres, these elite villas give its residents the pleasure of living a luxurious lifestyle laden with elitism, luxury and elegance. The posh facilities include a swimming pool and a full-fledged gym which can provide a healthy life to its residents. Children can enjoy their evenings in the exclusive area – Kids’ Area, with their friends. Here they learn to be independent. They learn to share and care for others. In all, they get a holistic development here.  An exclusive Clubhouse holds a Multipurpose Hall where all festive occasions can be celebrated. It also has a corner for Yoga and Meditation where one can get relieved mentally after a hectic schedule of life. A number of indoor games are also available in this Clubhouse, for the leisure of all ages.  With all these amenities, a healthy atmosphere, a neighbourhood that is safe and consumes less commute

Lavishness Has a Novel Address | Good Time Builders

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Most of us crave for a lavish lifestyle and it is lavishness that offers a peaceful and a comfortable lifestyle. The lavishness which you yearn for has a novel address at Isnapur. Good Times Builders have introduced this novel address in the form of their prestigious venture, The Lakeside Enclave.   1. Aims for a Novel Address With an aim to bring the residents closer to pristine environment, while still living in luxury, Good Time Builders have created a novel address, where private and luxurious villas and flats are nestled in picturesque surroundings at Lakeside Enclave of Isnapur.  These ultra-luxury villas and flats offer an opportunity to breathe the freshest air and enjoy the dazzling sunlight without giving up the lavishness of contemporary urban living. With ample green pockets, fresh air and bright sunlight, The Lakeside Enclave is turning into a novel address of lavishness. All of us desire to live a comfy lifestyle. If one can afford it, then why not? This novel address is located in an idyllic neighbourhood from where one can reach the other important areas of the city easily. The lavishness at the Lakeside Enclave creates an ideal balance between luxury and nature. The luxurious villas and flats of Lakeside Enclave provide a whole set of the bundle, which you can unwrap and live a classy life. It is a gated community with astounding features which can bring lavishness to your life. 2. Facts About This Novel Address Spread over 13.5 acres, the Lakeside Enclave of Good Time Builders is quite different from other projects. Usually you find only one type of houses in a project but this venture has two types of houses, airy and spacious villas and well-ventilated flats. These villas provide the utmost luxury and privacy. The luxurious amenities are communal. These can be shared by all the residents of Lakeside Enclave irrespective of being the residents of a flat or a villa.  You get an option to choose from- a 2BHK villa or a 2 or 3 BHK flat. These are 187 units in all. There is a commercial complex right in front of the venture which takes care of the daily needs and requirements of the residents. With a vigilant security and CTV cameras spread all over the common areas, the residents can live a peaceful life.  3. Why is it a Novel Address A luxury home which offers the lavishness of life in a gated community and provides a sense of community in a serene atmosphere is what one desires and Lakeside Enclave can be said to be a novel address because it has all the desired features. Being a gated community, the safety and security is at its best.  Isnapur is a well developed area and due to its smooth commute and fresh atmosphere, many millennials are making it as their final destination. And when we talk about Isnapur, how can we leave Lakeside Enclave. This is the venture which is the novel address of Isnapur. There are many more factors which will prove that this venture of Good Time Builders is a novel address at Isnapur.  3.1. Everything in Vicinity Lakeside Enclave is situated in Isnapur. This is a hotspot that is gaining traction in the real estate sector. Situated in the North West Zone of Hyerabad, Isnapur has everything in the vicinity which we need on a daily basis. One can easily reach the other parts of the city through the ORR and NH 65. It is in the vicinity of well known places like Shankarpally, Mokila, Vikarabad Kondapur, Madhapur  and Gachibowli. It takes less than 30 min to reach these places. Patancheru, Beeramguda, Serlingampally, BHEL and Chanda Nagar are just 15 min away from Lakeside Enclave.  Isnapur is turning into a hotbed of residential development. This location has a futuristic potential and can bring good ROI. With a well developed infrastructure, and reputed educational institutions. The Lakeside Enclave will become a novel address at Isnapur.  Kakatiya Hospital and Maheshwara Medical College Hospital are closeby. Gitam University, Navodaya Techno School, Mary Grammar School, Trivent School, Tagore High School, Sharada High School lie in the vicinity. 3.2. Offers Maximum Living Potential Kids of today need some exclusive area where they can play at unstructured times and this is hard to find, though not impossible. An exclusive Children’s Play area at Lakeside Enclave will give a holistic development to your kids. They will get ample space to enjoy healthy evenings. They can participate in sports and other physical activities. Lakeside Enclave offers maximum living potential to the entire family with its extraordinary sports facilities. A Basketball court, a Football court and a Tennis court is available for the sports lovers and help you to maintain a healthy lifestyle. A fully loaded gym and a swimming pool will also keep you fit and healthy and offer you a maximum living potential.  3.3. Unmatched Amenities A bouquet of luxurious amenities is available at this venture. Life becomes pleasant with this lavishness. A Community Hall is the main attraction and serves as a centrepiece of this novel address. A number of sports facilities like gym, swimming pool are available for the residents. An Amphitheatre offers a luxurious weekend with your family and friends. A vast Clubhouse hosts numerous activities. A Recreational area helps to rejuvenate and relax your mind and soul. A number of indoor games and activities become a means of developing social ties with the other residents. Parks, jogging tracks and a Basketball court will also contribute in offering you a healthy lifestyle. A Banquet Hall or Multipurpose Hall serves as a private place to celebrate festivities. 3.4. Serene and Aesthetic Views Nature is hard to find in the cities but it is abundant at the Lakeside Enclave. One can see greenery all around. The green environment creates a relaxing atmosphere and soothes the eyes. Nothing can be compared with nature’s beauty and the residents of Lakeside Enclave get this in abundance. This venture has included a chunk of

Purchasing a Home at Patancheru is a Smart Move | Good Time Builders

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An own home is the aspiration of everyone and how exciting it will be if it is in the area of our choice. There is a sea change in the realty sector of Hyderabad. Real estate is in more demand especially after we all faced the deadly corona. The city is growing rapidly and taking the fringes also in its arms. Patancheru is also one such locality which is embraced by the city. In the present scenario, purchasing a home at Patancheru is a smart move. 1. Location Needs Importance Location of a house had always been a major concern. One should always purchase a home at a desirable location. A location should include well developed infrastructure including social infrastructure. It should have schools and medical aid in the vicinity. It should be crime free. The location should have easy commute and transport facilities should also be available. One such perfect location is Patancheru. Purchasing a home at Patancheru will be a smart move. 2. Why Patancheru  Patancheru is located on Hyderabad- Solapur Highway and maintains a well developed infrastructure. It is about 18 kms from Hi-Tech City and about 32 kms from the main city of Hyderabad. Due to affordable rates and a good neighbourhood, the real estate market has bloomed in the past few years at Patancheru. Purchasing a home at this place will be a smart move. One can find here all the necessities that are required to live a comfortable life. This strategic location is the most sought after location by the local homebuyers as well as the NRIs. This location is considered to be eco-friendly with quality air. A number of factors promote the residential growth at this location.  Along with a well developed infrastructure, Patancheru also has a good connectivity to the other parts of the city through ORR and Hyderabad-Solapur Highway. Smooth road connectivity is also available. One can take up NH65 to reach Hi-Tech city.  It is a home to companies like Asian Paints, Hindware, Kirby Building Systems etc. Hospitals at Patancheru include Max Care Hospitals, Sai Ganesh Multi Speciality Hospital, Yashodara Hospital, ESI Hospital, and Patancheru Government Hospital. A number of reputed educational institutions like ICRISAT, GITAM University, Maheshwara Institute of Technology and RRS College of Engineering and Technology are in the proximity. St. Joseph’s High School and Amaltas Green School lie closeby. With so many positive factors, we can say that purchasing a home at Patancheru will be a smart move. 3. Where at Patancheru Life needs privacy and luxury and Waterfront Villas of Good Time Builders offer utmost privacy and a luxurious life. They make a meaningful investment and will become the security of your family. One should own villas if one desires privacy. These elite duplex villas are 3BHK with ground +1 upper floor. 4. Elite Waterfront Villas at Patancheru Good Time Builders have created a fabulous venture, Waterfront Villas at Patancheru. This magnificent venture has luxurious, duplex, 3BHK villas. This venture at Patancheru holds a plethora of amenities that impart luxury and comfort to your lives. These spacious and airy villas serve all the needs including luxury and privacy. The Villas of Waterfront offer you privacy and also keep you connected to the society. Being centrally located, the Waterfront Villas enjoys proximity to prime locations. It gets easy access to Shopping Malls, International Schools and Colleges, Hospitals, Hotels, Convention centres, Public Transport etc. These 94 villas offer a serene atmosphere with quality air in addition to a bouquet of amenities. All these villas are Vastu Compliant.  Located close to ORR, commute for the residents of Waterfront Villas becomes easy. With ample open spaces and greenery spread all around, the residents can enjoy a healthy lifestyle. As this is a gated community, you need not bother about the security of your family. Your kids can have a jolly good time in the exclusively allotted Children’s Play Area without any adult supervision. Security at Waterfront Villas is at its best. Usually in city life, children remain glued to gadgets but at Waterfront Villas, children create opportunities to go out and play in unstructured time. Kids get a holistic development when they play with other children. They also develop various skills and learn to become independent. They become loving, caring and bold. They develop the competitive talent.  5. Life is Healthy at Waterfront Villas We all have become more conscious about our health after we faced the corona. We now want to maintain immunity and a healthy lifestyle. Healthy food and exercise are two essential pillars of a healthy lifestyle. You take care of eating healthy food and let the Waterfront Villas take care of your health. The green and fresh environment of the villas offers you a healthy atmosphere to breathe. The villas are well lit and airy. A healthy lifestyle changes your body, your mind, your attitude and your mood. With lavish amenities and sports facilities, one can have a lot of physical activities and burn off extra calories. A fully loaded gym helps to maintain a healthy lifestyle. Purchasing a home at a project with healthy atmosphere will be a smart move.  6. Amenities and Refreshing Landscapes The millennials demand a comfy lifestyle with utmost privacy surrounded by nature. This is exactly what is presented at Waterfront Villas of Patancheru. With an array of amenities, all age groups can manage their fitness and enjoy various hobbies. A Clubhouse with a number of indoor games and various other activities serve as a point of leisure for all. An exclusive area for kids helps them to learn the ethics of life and also live a healthy and active lifestyle.   These posh and elegant Waterfront Villas have lush green landscapes to add to the aesthetic environment and this colourful and green atmosphere gives a positive impact to the mental health of a person. Landscapes at Waterfront Villas and the beautifully designed lawns spread peace and calmness in nature. They create a blissful environment that rejuvenates your senses. With all

Know About Dharani of Telangana | Good Time Builders

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India is getting digital, so is the real estate sector. The land records which were managed manually earlier are now shifted to digital platforms by a number of states in India. This is taken up as a part of Digital India Land Record Modernisation Programme (DILRMP) and Telangana is no exception here. With land records going digital, the revenue and registration services are available just at a few clicks and the property owners can easily avail these facilities. 1. Know About Dharani Portal Telangana Government has introduced an Integrated Land Records Management Portal known as Dharani Portal (TS Dharani) for its state. This is the official website of Maa Bhoomi and offers a clear portal for the residents of Telangana to access information about the land records in all the municipalities across the state. Dharani also provides a number of revenue and registration facilities to the owners of the property. Dharani Portal managed by the Government of Telangana, functions as an integrated window and authenticates the land records of agricultural and non-agricultural land parcels of Telangana. Property owners just need to sign in on the portal and enjoy the services offered here. The sign in requires some essential information like name, contact details, email id, property details that include address, district, state, Mandal and pincode. The owner of the property will get an OTP and after its verification and confirmation, one can login to the portal and carry on all the land related work easily. 2.Advantages of Dharani Portal The online services offered by the Government of Telangana provides a seamless and effective approach to land registration and administration services. Dharani portal functions as a single window for a number of services related to land records. It includes registration, maintaining textual records, survey maps and settlement operations. It is available round the clock and functions as a single source of facts for the land records of the entire state of Telangana. This portal uses GIS tools to update textual and spatial data in real time. Dharani provides a transparent and an error free record management. It also keeps the stakeholders informed about various land transaction information like selling, purchasing or mortgage on real time basis. 3.Services Offered by Dharani The services offered by Dharani Telangana can be divided into two categories, Revenue Services and Registration Services. Revenue Services include Online Mutation, Online Land conversion, Certificate for agriculture and land valuation. Whereas Registration Services include Duty and fee calculation, Group Registration, Public Data entry, Checking receipts and unit rates, Booking and rescheduling of slot Certified copy, Payment of Registration Service, Track application, Market Value Assistance,  Payment of Stamp Services and Encumbrance Search. 4.How Dharani Portal Functions The prestigious e-governance portal of Telangana, Dharani, has two sections – agricultural and non-agricultural properties. The agricultural properties include all those which are related with agriculture and the non-agriculture includes properties such as houses, flats, plots and other commercial structures. The owner, when he wants to sell his property, has to select the slot accordingly and feed in the required information and also upload the supporting documents. He also gets the chance to select the time slot as per availability.  At the appointed time, both the seller and the buyer have to reach the required office with all the necessary documents. Tehsildar Office is allotted for agricultural properties and Sub-registrar office for non-agricultural properties. In all, there are 474 Tehsildar offices and 141 Sub-registrar offices across the state where High end computers with scanners and printers and high speed broadband internet connections are set up for the registration process. Here the documents will get verified and it takes almost 30 minutes for the registration process to get over. Immediately, Mutation will also be done here. This process has become instant as compared to the earlier one, i.e. before the formation of Dharani, where the entire process required a few weeks and at times it also prolonged to months, if the documents lacked transparency. 5.Documents Needed for Mutation on Dharani The process of transferring the title ownership name in records of the revenue department for a property is known as Land Mutation. This process takes place when the property is transferred from one owner to another and this has become easy in Telangana. This process can now be done online on Dharani portal. One needs some personal and property details to apply on the portal. In addition to these details, some other documents are also required like Registration Document, Encumbrance Certificate (EC) Seller and Pattadar Passbook Number (Optional) and Payment Receipts. 6.To Conclude Dharani is a single window, in the state of Telangana that serves as an online platform for revenue and registration services. The property owners can enjoy easy access to land records. Mutation gets automatically triggered after the online registration of a property on Dharani. This portal serves as a single platform for maintaining land records, survey, map, updating of textual records, settlement operations etc. Dharani portal is likely to make the procedure of registration easy and offer quality services to the property owners of Telangana.  It is expected to bring in a new era in the land record management in Telangana and speed up the revenue process. The GIS system makes available a visual representation of the land record data. Dharani is bringing in transparency, smooth processing and documentation in the sector. The entire procedure related to registration is computerised and takes place in an integrated, efficient, and effective manner. Through Dharani, the Government of Telangana offers an efficient and effective mode of services for land administration and its registration to its residents. It includes the Automation of workflow, integration of different departments’ multiple application with the help of innovative modern technology. Dharani maintains and updates textual records, survey, maps, and settlement operations along with the registration of immovable property. Automatic activation for mutation takes place immediately after the registration process gets completed. The portal is a source of facts and also updates textual data on a real-time basis with the help

Everything You Should Know About a Tripartite Agreement | Good Time Builders

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Real estate investment has always been lucrative and considered to be a long-term investment but this sector has created a magnetic field after the masses faced the drastic corona Period. With salary cuts and job losses, paying the rent had become the worst part of life during that period. So, many wished to own a home so that it would serve as a shelter as well as security during tough times. With an incredibly low rate of interest on home loans, these people have climbed the bandwagon of purchasing a new home and becoming the first-time homebuyers. To take a home loan, to buy an under-construction property, one should know a few terms and the most important one is ‘Tripartite Agreement’. Here is everything that you should know about a Tripartite Agreement.  1. What is Tripartite Agreement Usually a buyer and a seller are involved when there is a deal of a property, i.e. only two parties, but in some cases, a seller wants to sell an under construction property and a buyer wants to buy it but he needs a bank loan for the same. In such conditions, three parties get involved, a buyer, a seller and a bank. A principal legal document that involves all these three parties is called a Tripartite Agreement. The seller can also be the builder of the project. This agreement is very important when you are buying an under-construction property. It protects the interests of home buyers and also affirms that if the borrower defaults on the loan, the property will be transferred to the lender and the builder must accept the new owner. A Tripartite Agreement includes the roles and responsibilities of all the three parties concerned, in addition to the basic information about them. It has all the particulars of the property and an annex of all the original property documents. This type of agreement is usually created to purchase units in under-construction project. You should know everything about a Tripartite Agreement before you invest in an under-construction property.  2. How Does It Work Tripartite Agreements helps homebuyers in obtaining finance or loan from banks for a planned purchase of a home from a developer. Any developer who constructs a housing or residential project has to enter into a written Tripartite Agreement with those homebuyers who opt out for a loan in this purchase. A Tripartite Agreement will hold all the particulars of the said property and an annex of all the original property documents. This legal document has to be stamped depending on its location in a particular state. 3. Advantages of Tripartite Agreement This agreement helps in applying for home loans. The third party or the bank that is facilitating the loan, can go for the legal checks before going for the agreement. There are a number of advantages of making a third party as a party to the Tripartite Agreement. Though the third party is not directly related to the agreement, it remains aware of the transaction. The agreement also implies that there is no due payable by the seller to the third party. The legal heirs and successors of the third party have no say in the agreement and cannot challenge the said transaction. A Tripartite Agreement helps in applying for home loans and also gets the legal checks done for the property. When the bank gets the documents from the seller and the buyer, it performs investigation on the illegality of the property. Hence, the Tripartite Agreement adds a safety net to the project in which the homebuyer is investing and helps in eliminating fraudulent practices. The Tripartite Agreement for home loan includes all the information related, to the said property which includes the sale price, the EMIs to be paid, the interest rate at which the home loan is taken etc. 4. When is a Tripartite Agreement Useful A Tripartite Agreement is essential when a flat or an apartment from a registered society is being sold. It is also useful in a situation where a flat is bought from a builder and till the time of resale, a society is not formed. A Tripartite Agreement also comes handy when there is any encroachment, charge, etc. on any property, such as house, land, farm, etc. If the society plays the role of the third party, to a Tripartite Agreement in the transaction of a flat or an apartment or a villa, then the society confirms the transaction. This confirmation also announces that the society has no objection to transfer the flat in the name of the buyer. A builder can also be made a third party in the Tripartite Agreement.  5. Conclusion A Tripartite Agreement is a legal document or an agreement among three parties or individuals – the homebuyer, the developer or the seller and the bank or the lender who lends the loan. It effectively states the relevant details of a housing loan or leasing transaction in an under-construction project. This agreement will be signed while entering into a contract in an under-construction property. As three parties are involved in this process, it got the name as Tripartite. This agreement explains about the status of all three parties who are involved in that particular transaction and scrutinizes all the documents. It also has the record of the stages or phases of construction, the final sale price, common area amenities, date of possession, details of EMI, etc. The legal process, known as subordination is also mentioned in this agreement. It says to whom, how, and when, the various agreements in the property are transferred among the three parties. The property in transaction should have a clear title and the developer should not enter into a new agreement with another party for the sale of the same property. The agreement should also include the developer’s liabilities to construct the building according to plans and specifications approved by the local authorities. A Tripartite Agreement is that legal document which involves three parties, the homebuyer, the bank, and

Real Estate Proved to Be a Shockproof Investment

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The best investment on Earth is earth”. How well said by Louis Glickman!! After facing the last two years and also a few experiences of the past where the currency has taken a down toll, it was realised that, only the real estate investment has proved to be a shockproof investment. It was only this investment which has not gifted losses to its owners. It stood firm and has proved its mettle. 1. Real Estate – The Boom It was the realty sector that boomed back after the pandemic, before any other industry. The initiatives taken by the government proved to be a major support in the revival of the sector. After living a cramped life during the pandemic, many have begun to invest in larger homes or second homes as they need more space now. Owning a home is the root of wealth and investing in real estate assures that you are not at a loss. The country is now going through a structural transformation in housing demand. People are moving towards the peripheral locations and trying to avoid the overcrowded cities. Hence the city limits are getting extended and flourishing with new luxurious ventures. Two such lavish ventures of Good Time Builders are the Waterfront Villas at Patancheru and The Lakeside Enclave Villas at Isnapur which ensure a safe and shockproof investment.  2. Why Real Estate Investment Russell Sage said –“Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security”.  It is proved since ages that real estate has never lost its value nor shrunk in any way. Even when the economy of the country has taken a toll, during global recession, etc. real estate always had a constant value, hence it is now considered to be a shockproof investment. Land is a tangible asset and each one needs a place to live, no matter whatever are the conditions and circumstances. Real estate will always be in need and hence in demand. Real estate investment offers handsome returns, excellent tax advantages, easy loans and at times this investment also becomes a source of income. Real estate market is thriving and flourishing now, after the pandemic, and this is the best time for real estate investment. Let’s highlight on a few reasons why we should invest in this shockproof investment. 2.1. Real Estate – Buyer’s Market After the pandemic, real estate has become a buyer’s market. After facing the calamity of Corona, there was a correction in the property prices and the potential buyers were able to make an informed decision. With many cramped in houses due to prolonged work-from-home arrangements and online education needs, the demand for ready-to-move-in housing units began to rise. First time homebuyers as well as an existing homeowner looking out for a larger space, preferred to take up ready to move in or ventures which are nearing completion. Attractive offers that were rolled down by the builders and the government also attracted the homebuyers. The shockproof nature of real estate investment assured high returns.  2.2. RERA Protects the Rights of Homebuyers RERA has, made the real estate investment more reliable and safe. It protects the rights of homebuyers and saves them from getting duped. RERA has boosted confidence in the realty sector. It has also brought in transparent transactions. RERA has enhanced accountability and transparency and made the sector more shockproof. 2.3. Offers a Substantive Value to the Asset Real estate investment – be it in land or in home or any other constructed structure, always offers value for the asset. Other investments can dip to zero during a financial recession or any geopolitical turmoil but real estate investment never drops to zero nor shocks you with any drop in rates. It always offers a substantive value to the asset. 2.4. Profitable Investment If we look back, we have always found a rise in real estate prices. If anyone is planning to make money from the investment rather than living in it, then he should enter the transaction with a proper exit strategy. He needs to sell off this property when it reaches the price point and rake money.  This type of investment turns out to be a profitable investment if followed a proper approach. 3. Real Estate is a Shockproof Investment Though there are a number of investments that get volatile and offer extra benefits, the other face of the coin is that they face a lot of risks. Over ages, real estate investment has been considered as the safest investment and now it has proved to be a shockproof investment. During the drastic times of Corona, all other investments including the currency, were badly hit. Even real estate was also nudged but due to its resilient nature, it was the first industry that bounced back, without much loss. It is a fact that the government had been very supportive in making real estate jump back after the slight fall. Even today, the government is supporting real estate to stay firm and hold the ground strongly. Real estate has always proved its mettle and bounced back with full force after every stumble, may it be due to external features like shaking of economy or others. Real estate has now proved that it is a shock proof investment and anyone and everyone can invest in it without any fear of losses. 4. Safe Investment with Good Times If you are planning to go for a real estate investment, then Good Time Builders is one of the safest options where your wealth can be parked safely and will increase over a period of time. Real estate investment is a long term investment and you can harvest good returns with an investment at Good Times. They have two amazing villa ventures, one at Patancheru and the other at Isnapur where you can live a lavish lifestyle with utmost privacy in a

Good Time Villas – The Reason for Your Joy | Good Time Builders

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Each one of us wish to relish joy but where do we get it? Basically it is a feeling of happiness; it is a feeling of enjoying life in the best way. Joy is a secret sauce that tempers the gravy of life. It doesn’t happen simply. We have to search for joy and grab it whenever we find it. Good Time Builders have brought for you, joy in the form of their villas where life will become the reason of your joy. 1. Classy Villas of Good Time Builders Life demands happiness and we get that when we live a comfortable and luxurious life. It is said that we should find out where ‘JOY’ lives and grab it so that you live a life of joy. Good Time Builders, a reputed name in the ocean of real estate, has to their credit a number of successful ventures. With a motive to create a qualitative value par excellence, they have come up with premium villas that could provide the joy of the lifetime. These villas will become the reason of your joy.  With their commitment to produce the finest homes with abundant aesthetics, touchstone and environmental standards, they have come up with two villas ventures at Patancherru and Isnapur. The luxurious 3 BHK villas of Waterfront are located at Patancheru and the Lakeside Enclave villas are located at Isnapur.  1.1. Waterfront Villas – An Epitome of Joy  If you wish to live a cozy and comfortable life maintaining privacy and luxury, then Waterfont Villas is the perfect choice. Location plays a major role in offering joy to the residents of a venture. Located at Patancheru, this comfy and elite venture offers 3BHK duplex villas. Nowadays Patancheru is the much sought-after residential locality. This locality is often appearing on the radar of the homebuyers for numerous reasons. Patancheru is now an eco-friendly and affordable residential hub with a well developed infrastructure. Situated on the Outer Ring Road and Hyderabad-Solapur Highway, Patancheru is easily connected to the other parts of the city. It also has a well developed social infrastructure where you can find reputed educational institutions and health care centres or hospitals. This place is witnessing a massive demand in recent years and is one of the popularly growing real estate destinations in Hyderabad. Having all the basic necessities in proximity you can live a tension free life which leads to joy and merriment. The classy and elegant Waterfront Villas are designed to give priority to the comforts and requirements of the homebuyers. These villas are spacious and airy and have been adorned with top class interiors. Though in gated community, these villas offer utmost privacy to its residents. The security is at its best and no outsider, be it a guest or a stranger, cannot knock at your door unless you approve his entry into the premises. Surveillance cameras are installed all over the open places to keep an eye on every movement that takes place in the common areas.  A number of amenities become the reason of joy for you and your family. A huge Clubhouse encloses a Multipurpose Hall where you can celebrate festivities. A fully loaded gym will help you to maintain your health. A swimming pool, which is considered to give a healthy life to all ages, is also available here. Recreational corners help to maintain a healthy mind. Mental well-being is as important as physical fitness. Open spaces and parks at Waterfront Villas keep you close to nature. Avenue Plantation and greenery creates an aesthetic atmosphere and provides quality air. When you and your family are healthy, then it becomes the reason for your joy.   Nowadays, kids hardly find space to play outdoors. Even most of the schools lack a proper playground. This forces the kids to look up to the electronic gadgets for their leisure. The scenario is different at Waterfront Villas. Your kids get ample spaces to play and enjoy life. Playing outdoors, help in the physical as well as the personality development of the child. Your kids will grow in a holistic environment and this becomes a reason for your joy.  1.2. Crazy Life at Lakeside Enclave Good Time Builders have one more crazy venture, the Lakeside Enclave, which is on the verge of completion. This venture of Good Time is unique in its features. It holds two types of houses, an amalgamation of apartments and villas. This unique presentation from Good Time Builders, offers a comfortable lifestyle along with privacy in the villas. One gets a chance to choose between the two – a villa or an apartment and the residents of both these type of dwellings get to enjoy all the luxurious amenities present at the venture.  Spread over 13.5 acres and located at Isnapur, Lakeside Enclave is an amalgamation of apartments and villas. These are in all 187 units, surrounded by serene atmosphere and these units get the facility of a commercial complex, available right in front of the venture. A bouquet of amenities is available at the venture that becomes the reason for your joy. The childhood of your kids at Lakeside Enclave will prove to be a memorable one as they get a lot of space for sports and physical activity and also an exclusive area is allotted for them as Children’s Play Area. Numerous amenities are there for you to spend your leisure and these serve as a reason for your joy. 2. Good Time Villas – The Reason for Your Joy One feels joyful when one is living a contented life in a healthy atmosphere. This calm and serene atmosphere is found at Good Time Villas, located at Patancheru and Isnapur. These villas offer the comforts of life with utmost privacy. The Lakeside Enclave possesses villas as well as apartments with communal amenities. These villas are spacious and offer a luxurious lifestyle to you and your family, which become the reason of your joy. The Waterfront Villas of Patancheru are 3BK villas which are spacious

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