Having a child completely changes your requirements for buying a home. More than 50% of parent admit that having a kid has influenced their decision of buying houses. Buyers who have a child are generally supposed to go above budget than stick to it. A list of budgetary constraints appears in this case for people who are expecting to start a family as well as buy a house. Majority buyers appear to stay within their budget only as a result of making compromises. Parents with a full-time career make it even more tricky for themselves to raise children.
Reconsidering the budget, mortgages and other such requirements
Statistics say that people are likely to go over 25.7% of their budget in case they have a child. There are special requirements for location and amenities as well. Parents who generally do not consider going over the budget usually compromise and increase their commute. Some also purchase an unfinished home and some do with a smaller one. Not to mention, that the pressure of down payment for parents is extreme.
In case of a mortgage, people who tend to start a family any time soon are to get more benefits than the ones who do not have such plans recently. A certain denial versus only 11.5% non-parents is experienced by one-third of buyers who have children and have qualified for a mortgage.
Modifications in kitchen sink
Most families who have a minor child are likely to buy single-family detached houses which have a far more market value than townhomes and condos. Apart from that the amenities and neighborhood lists go long.
Many people typically store household cleaners under the kitchen sink and this is easily accessible to your child. Even if you install safety locks on the cabinet doors, it’s not a guarantee that your persistent child won’t find a way to get inside. If they get into your cupboards filled with pots and pans, your only worry is a couple of bruises and loud clatter from the falling pans and your crying child. If they get into your cupboard of cleaners containing harmful chemicals that can get into their mouths and eyes, you will be dealing with something completely worse. Store cleaners either in a cabinet up high or in the garage.
Parents are more likely to have a lot of requirements with locations and neighbourhood. It is more important to them than to non-parents. The commute, child focused needs and other such factors are very important to them.
For getting a home with perfect amenities suited to children’s requirements parents have to do a lot of research work. Survey shows that parents are likely not to opt for the first offer they get.
Renters who are parents have it more difficult for them. Their search for home is even more rigorous.
The ambience of the house must also be suited to the needs of the children.
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The advancement in technology completely changed the real estate industry from top to bottom. Now, in this blog, we will talk about whether that change bears the fruit of benefit more or not. Technology uprooted the traditional method of looking for a house like newspaper advertisements or listings; instead, it got replaced with applications and websites.
The take-over of technology over traditional methods: Now, the benefits of these applications are massive as it significantly improved the process of getting a home, but in the process, many people lost their livelihood when people stopped turning to the newspaper for advertisements. Now, if a person staying in Kolkata looks for renting a home in Bangalore can easily use the app to check the availability of the plots. The introduction of this application massively simplified the job of renting or purchasing the house. Previously we had to rely on real estate agents while searching our home; now we don’t require them in every step of the deal. The compare option available on the websites of this application helps to compare the mortgage or rent assisting the person in to take a well informed financial decision.
The new 3 dimensional technology: The compare option also helps the renter to compare each property from every aspect and get the best deal within a particular price range. Some of the major websites and application often use the 3-dimensional real-time view feature, which helps the renter to check the entire plot virtually on their computer screen. The 3-dimensional feature generally not available on most websites, but gradually every website is using this technology as it is proving to be a great deal maker.
The application also provides the renter with essential details such as availability of ATMs, parks or the nearest bus stop or metro stop, etc. The most significant advantage of using these websites is when the renter pays, and due to some reason the deal does not go over the line, the person can quickly get his advance back without any hassle. Several websites offer real estate agents to potential clients for a basic service charge. Now, not every agent are efficient, the review and rating options provided for each agent massively help the potential client to select an agent who can get the deal over the line. The process helps to save a lot of time to close a deal and also helps to save a lot of money as the chance of any surprise fee completely gets eliminated.
Living in a solid wilderness is what all want, however, is it possible in this modern era? The production of the concrete adds tons of greenhouse gas, which can affect natural atmosphere of the Earth. To save the Earth, here are some elective green structure materials, which you can use in your eco-friendly construction surely.
Though it is difficult to grow Bamboo in home or garden, it gives more oxygen than carbon dioxide, which makes it a super eco-accommodating and savvy development material. It looks extraordinary. You can design your wide drawing room area with this amazing natural item surely.
At the time of producing wooden sheets from crude timber, a good amount of wood gets wasted. If you do not want to waste the material, then here is the good news for you. This waste material can be utilized to make designed wood (which contains layers of wood and fillers like wood scraps and strands), which can thus be utilized to make dividers, entryways, and so on. Therefore, from now, use the waste wisely.
Since years, earthen materials like adobe blocks and slammed earth are trending in decoration. Adobe blocks are made of soil, chiefly of mud and straw. Smashed earth is a kind of synthetic shake that is shaped by compacting a blend of soil, rock, sand, mud and sediment, which can be used to decorate your place as well.
This green structure material is made of baled straw from rice, oats, wheat, grain, rye. It has extraordinary protecting properties and its materials make the divider totally soundproof. Therefore, it is the best option to have a noise free ambience in your home or office.
Normal Stone alludes to various items, which are removed from the earth like rock, marble, slate, limestone, sandstone and so on. These can be utilized as structure materials and for decorative purposes in your construction project.
Grass Crete is trending a lot in these days. May be you’ve seen this in numerous places. Grass Crete is a strategy for laying some solid ground surface (for the most part walkways, patio greenhouses and garages) in such a way, that there are some open spaces in the examples, enabling grass or other greenery to develop. In addition to the fact that this limits the utilization of solid, it looks incredible and helps in improved tempest water ingestion.
By utilizing even, a drop of these financially savvy and vitality effective materials in certain zones rather than solid items, you’ll be able to bring down the ecological effect in your concrete space.
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Buying the home of your dreams means a lot of investment, and you deserve the satisfaction at the end of such an expense. It can be quite stressful for you to move into your new home, and you will not like to encounter problems such as faulty wires or leaks in your new house after moving in. These are a few important points that you need to check prior to throwing a housewarming party.
Have all the papers in place
You have to verify all the essential legal documents and ensure that they are in one place, so that you can be assured of your rightful claim to your home. The papers need to be signed as well as stamped properly, wherever needed. Letter of allotment, Commencement Certificate, Power of Attorney, Development Agreement, Blue Print, Possession Letter, Receipts of payments to builder, Builder’s Advocate Search Report and No Objection Certificate (NOC) have to be there.
Check the walls properly
Closely examine every wall before you take possession. You have to report about any chipping, peeling paint, leaks, damp patches, cracks etc as fast as possible.
Repair before moving in
If you wish to live in the home, have all issues – such as bathroom fittings, faucets, taps, defective wiring, piping – fixed and workable. Make sure that its electrical wiring is alright, and have the fittings, MCB, inverter, meter, main fuse etc in perfect order. Ensure that all the windows and doors are smoothly functioning, and have the locks shut securely. Check whether the gas tubes and associated devices have the ISI mark.
Get digitally connected
If there are digital features in your new home, such as smart temperature control, security cameras, lighting control etc, ensure they are properly functioning.
Ensure adherence to specifications
Make sure that all the amenities promised, such as jogging track, gymnasium, swimming pool etc are in accordance with specifications. Also check the tiling and flooring and other common areas.
Use the lift
Ensure that the lift is operational and adheres to all the standards.
Make sure of decent paint job
The rooms need to have double coat paint without any patches apparent.
Examine the drainage
The drains in utility rooms, kitchen, bathrooms, balconies etc should be clear, without any clogging.
Ensure efficient cleaning
Make sure that the cooling is effective, and the water outlet is proper – with no risks of wall seepage and paint damage.
Be assured on the safety front
Note the smoke detectors, fire alarm system, refuge area etc, and ensure they are okay.
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Like every investment, property investment is rewarding as well as risky at the same time. The risk factor is involved in every type of investment, but the chances of incurring a massive loss in property investment are comparatively less if done correctly.
A well-informed have made a fortune by investing in the property and often doubled their initial investment. But, it does not make anyone eligible to make a massive profit by spending on properties. As the initial investment in case of purchasing property is generally quite significant, the risk factors should be assessed beforehand. A specific set of information needs to be kept in mind while investing in such tangible substances; this information may help the person to make a fortune out of his investment.
The first thing an investor should do in case of property investment is to think logically instead of emotionally. Do not go around buying lands near your birthplace which has little or no potential and claim it to be an investment. That is the single worst decision one can make from the business point of view. The second thing one should do is lower the price of the property as much as possible. The less the investment more profit it will fetch in the future if it has got any potential.
The third thing one should do before making any purchase does thorough research. The research should be the cornerstone of your investment and don’t even spend a single penny on any property without doing research. While researching a specific area, check the economic viability of the region; check for any development driver in the region which can sky-rocket the value of the part.
As we have already said earlier, one can only make a profit if he makes an investment decision after considering economic factors instead of emotional factors. The other factors which may help an investor in property investment are:
These are few of the small details one should keep in mind while investing in property. Though this type of investment can fetch good profit; in some cases, the losses faced by the investor were massive due to the lack of research and planning.
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There are many engineering marvels which people stuck in awe when they see it for the first time. In this blog, we will include all the construction equipment which are so humongous that people need to see it with their own eyes to believe.
Every year, the commercial construction industry is seeing a vast growth, so it is no doubt that it will develop greatly in 2019, as well. This is for the reason that commercial constructions are such a huge part of the overall financial system of the country. Therefore, it is vital to stay accelerating with any developing trends that will make the industry advance. Construction trends are continuously changing, and companies in this segment need to stay at the front so that they will not fail to keep up the competition. Here are the top three commercial building trends, containing both methods and materials that you could watch out during 2019.
It is expected that sustainability will be the leading apprehension in 2019. This may range from the exploit of ecologically friendly construction materials to dipping the carbon footprint, shaped by each structure. This is for the reason that both building owners, as well as their clients, have to care more about the atmosphere. Buildings that are constructed from sustainable materials, like recycled steel or renewable timber, will be boom more with building owners and consumers alike, besides energy efficient and allowing cost savings, better margins, and reduced waste over time.
The safety of employees during commercial erection continues to be a leading concern. As the industry is more susceptible to the maximum number of workplace-associated wounds and bereavements, the need for the improved safety principles will be the main concern in 2019 to make the industry move forward. When the construction industry is adequately safe, it will not only cause fewer accidents, but it will also decrease the expenses related to wounds as well as the death of staff.
So far, modular construction systems are mostly used only in the residential construction sector of the industry. It is expected to occupy the most important position in the commercial buildings, as well, in 2019. This is for the reason that developments in modular design have offered rise to more affordable buildings that employ improved construction materials and takes lesser time to complete. This will entail by making use of construction materials that are extremely simple to install, robust components that can bear up harsh climate conditions, etc. It may also involve the application of 3D imaging methods that will enable builders to map out the building site as accurately as possible.
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India is going through one of the major infrastructure and construction investment programs in the world. The country will expend billions of dollars on megaprojects for upgrading housing as well as infrastructure. The construction sector of the country is expected to grow at the rate of 8% per year for the subsequent decade. Construction activity contributes 10% of GDP of the country and it employs over 30 million people for completing its upcoming projects. It comprises an investment of over 60% of total infrastructure. Here are four major 2018 megaprojects of India that you need to know.
The NDHP or the National Highways Development Project is one of the 2018 megaprojects of India. It is a comprehensive plan to improve, regenerate, and broaden major highways in the country. It is being performed in seven stages over 45, 000 kilometers of Indian highways. The Indian Government has borrowed a sum of 1,965 million dollars from the World Bank, 1605 million dollars from the Asian Development Bank, and 261 million dollars from the Japan Bank for International Cooperation to execute the project.
Another major Construction and Infrastructure project of India is the Delhi Mumbai Industrial Corridor project. India is going to invest $90 billion in this project for creating seven elegant cities spreading along a devoted cargo passage between Mumbai and the capital city of India, Delhi. The project involves offering of job opportunities to about three million people in the manufacturing and processing divisions.
The major aim of India is to build smart cities in the country that will surpass others in the world countries. As a result, the Indian government is going to invest 20 billion dollars in the Gujarat International Finance Tec-City project for building smart cities covering a vast land area of 3.59 square kilometers. The project is implemented with the main goal of exceeding the global smart cities, such as La Défense city in France, Shinjuku in Tokyo, and the London Docklands in Britain.
India is going to invest 92 million dollars in constructing a railway bridge across the Chenab River. The Chenab River Railway Bridge is considered the major as well as the highest railway bridge in the world. It will be constructed with the height of 359 meters in Katra, Jammu Kashmir above the bed of the river Chenab. The bridge will be constructed with a length of 1.3 kilometers. It is a part of the Katra to Dharam railway section link between Udhampur, Srinagar, and Baramulla, which extends to a length of 73 kilometers.
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2018 was a giant year for technology novelty in the field of construction. As technology develops every year, it is expected that 2019 will experience some more innovations. Construction companies that are embracing the recent technology in their construction projects will be benefitted much through technology innovation. If you are planning to become one of the innovators in the construction industry, here are the four innovative construction technologies that you may need to watch in 2019.
Every year, tons of concrete materials are being used for fixing, maintaining, and restoring buildings, roads, bridges, and tunnels. This is for the reason that all concrete ultimately breaks and has to be reinstated. Therefore, self-curing concrete would definitely increase the lifetime of building and it will greatly benefit construction companies in saving much of their money while handling their operating costs. The skill behind this technological wonder shows itself when water goes into a crack. This reactivates the bacterium that was blending during the incorporation process. When the bacterium is activated, it will expel calcite that will then cure the crack.
Translucent aluminum is stronger than steel, as it is considered a solid innovative state of matter. Its herculean power will make it the most sought-after construction material amid many professional builders. Therefore, you can expect that it will become a solid material and will add a futuristic touch to 2019 buildings. This new construction material is highly developed building technology, as it is prepared from aluminum oxynitride by making use of the laser technology.
Aerogel is formed by eliminating the liquid from a gel, abandoning the silica constitution that contains 90% air, thus making it a semi-transparent material. Besides frivolous, aerogel is capable of retaining its form, thus making it a useful material to produce thin aerogel material sheets. Aerogel material is the foundation to be employed in the construction industry, owing to its unbelievable insulation characteristics. Aerogel insulation is capable of preventing cold or heat to traverse and it is more powerful than the foam or fiberglass insulation.
Robotic swarm construction has been designed on the way termites work. Termites team up as a group and building robotics are planned to collaborate in this way. Each instance to erect a certain design is programmed by making use of a four-wheeled robot to identify the existence of other robots, so that they can get together.
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The need for delivering an architectural project is of utmost importance as it involves a lot of money and workforce. In the case of government-aided projects, the delay may cause serious problem to the people dependent on the completion of the project. Here are ten tips which can help to deliver construction project on time:
1) Set a precise timeline on the contract: The contract of work should be provided with all the necessary information regarding the construction. It should also contain information covering all the possible delays which might occur during the ongoing work.
2) Connect the site to the office: The major problem a contractor faces is to failure to set up a continuous communication chain between field and office space. It helps to keep track of the progress of the ongoing work.
3) Choose the right digital platform: With the advent of digitisation, there are several digital tools which provide a real-time check on the progress of the work.
4) Rely on data: The data provided by better digital platform helps in collecting accurate date which will give a proper picture to the project handler regarding the budget and capital.
5) Review your schedule regularly: The need to review the entire schedule is a must from start to beginning. It helps to keep track of any delay from the stipulated timeline.
6) Field reporting is a friend: The need for filing a proper field report is necessary as it helps the office staff to keep track of the progress in the field without going through the hassle of visiting the area on a regular basis.
7) Keep updates short and to the point: The need for keeping the field information clear and concise is significant. The use of any ambiguous terms in the report should be avoided, and a short description helps the reader to grasp information quickly.
8) Invest in training: The human factor in any project is essential. The need to train the workforce so that they can deliver optimum performance is crucial. The company should spend a considerable sum of money in herding this workforce according to need via training and promotions.
9) Hire the right people for the job: At the end of the day, the workforce hired by the company does the work on behalf of the company on the field. As a result, hiring the right person for the job is another essential component to complete the project on time.
10) Have a solid risk management plan in place: When a major project is about to start, identifying the entire arising negative scenario should be taken into consideration as it helps to predict the delay in the timeline of the project.