Wooden Flooring - Make It New

Hardwood floors have a beautiful natural color and display interesting patterns formed on their surface. They exude warmth and have a special appeal. However, the naturally beautiful hardwood floors may also be painted to add depth to the room and make it more colorful. Painting wood floors to give rise to works of art is quite popular and the hiding/veiling of the natural patterns, swirls and colors under paint is not really considered to be sacrilegious.

It may also be that your wood flooring has faced considerable wearing and needs to be worked upon. In such case too painting may act as a fast and inexpensive way to cover up marks, imperfections etc. in the flooring. Painting also helps in enhancing the life of the flooring.

Preparation for painting wood floors :-

Before painting any hardwood flooring it must first be ascertained that the floor surface is clean and dry. Sweeping thoroughly or washing of the floor so as to ensure that no hair, dust particles and the like lying on it. Seams, dents or large holes, if present in the wood flooring, need to be filled up with plastic wood fillers.

Thereafter, the floor needs to be primed. Sealers are made use of in the priming process to at least partly hide the wood grain that may be observable through the paint. Urethane or varnish finishes on wood need also be sanded

Carrying out the painting process :-

Since oil resins bind well to the hardwood surface, oil paints are considered to be appropriate for hardwoods. Besides, oil paints also harden and dry quicker than water based paints. While painting, remember to always paint in the direction of the wood’s grain. Make use of quality latex floor paint for a satin finish and a latex, alkyd or polyurethane floor paint for semi-gloss or gloss finish.

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Non-Resident Indian ( NRI ) - How & Where To Invest ????

For a non-resident Indian (NRI) who has been away from home, there are many investment options across various categories. However, while other investment options can be timed, investments in real estate have to be planned well in advance, as time and costs overrun to acquire the property will be high. The input and labour costs are increasing.

While the short to medium-term investors can shop around for developed plots in order to hedge their bets, long-term investors should invariably look at apartments or villas depending on their family size and future requirements. A number of projects ranging from apartments to villas and penthouses are being launched at various locations across the city. With improved connectivity and transportation network, investments in such projects are bound to appreciate in the coming years. Those who do not immediately require a home for their occupation can minimise their initial funds outflow by opting for greenfield projects. Even an investor opting for an apartment to rent out can go for a similar project to minimise the initial liability and also phase out the payment plan.

For returning NRIs, the timing is appropriate to look at ideal options and strike a bargain deal for investments in residential projects that would be ready for occupation in a year or two. The continuing liquidity crunch has necessitated developers to tap private sources outside the banking sector in order to fund ongoing real estate projects.

This is where investors who can mobilise substantial down-payments by raising cheap funds from abroad can leverage their bargaining capacity. As part of the festival season offers, a number of developers and housing finance companies in Bangalore are offering pre-EMI interest-free options while investing in select residential projects.

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Dining Room - Small but Specious

The maximum use of space can give a feel of spaciousness. Here are some ideas to decorate a small dining room.


First of all take measurement of the room and according to the size of room purchase dining table. Finding perfect space saving dining table may give the feel of largeness. Round or square table is perfect for small dining room. You can place round table in any corner of the room. Square table also requires less space than rectangular table. If there is not much space for dining, go for a folding dining table. You can use a table for both study and taking meal. If you have a small dining room, try following interior decoration ideas for making dining room spacious.


Light furniture like bamboo and cane furniture is available in market and requires less space than   wooden furniture. The top of table is covered with glass, the transparency of which gives the feel of largeness.


A small dining area can be located at the end of rectangular living room. Circular dining table and small chairs or stools are perfect for this area. In kitchen a corner can be turned into a small dining area. 


Try apt color theme such as light color for walls that gives sense of more space. Use shades of same color for walls. More than one color makes the room look small.


Big windows in dining room makes it look large. Built in shelf under window can be used as china cabinet. 


Curtains should be of soft color. Avoid heavy and dark color curtains. Go for long stripes which will add to the length of the room.


Do not use big paintings for wall decoration. Keeps one painting instead of couple of paintings? 
Diagonally installed wooden flooring will enlarge the space. White tile flooring also make the room look bigger.


Keep the room clean and clutter free. Clutter makes the room look smaller.


Mirror and glasses can be used to make room look bigger. A mirror placed at the end of room doubles the space of room. Wrought iron frame mirror are popular for decoration and are available in antique styles.


The skirting of room can be blended in with floor so that there is no line between floor and wall. This will give feel of big room.  


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Home Insurance Terminology

What is Home Insurance?

It is a protective cover offered by a General/Non Life Insurance company against natural unforeseen disasters (fire due to short circuit, gas cylinder explosion, earthquake etc.) and man-made disasters (burglary). So you are provided with financial protection in case of any damage to your property which would include both building and content provided you have selected a policy covering both.

Types of Home Insurance

There are mainly two types of home insurance policies available. They include

• Building insurance: Here the building structure of your home is insured for its reconstruction value i.e. the cost incurred to reconstruct the home. Both natural and man-made calamities are covered.
• Fire, Lightening, explosion of gas in domestic appliances
• Bursting and overflowing of water tanks, apparatus or pipes.
• Riot, Strike, Malicious or Terrorist Act
• Flood, Inundation, Storm, Typhoon, Hurricane, Tornado or Cyclone
• Damage due to earthquake, subsidence and Landslide (including Rockslide).
• Damage caused by Aircraft & Impact damage

• Content insurance: This is optional but with threat of burglaries, natural disasters, it is beneficial to opt for it. Content insurance provides protection to contents in the house that is not fixed to the home. The contents are covered on the market value of the items and in case of a loss; the insurance will be paid on the cost of purchasing the item less the depreciation for usage. Under this protection against various perils are provided including
  • Valuables such as jewellery, cameras and watches
  • Cover against all kinds of accidental breakage of plate glass fixed in doors and window frames
  • Loss/damage to domestic appliances due to electrical and mechanical breakdown.
  • Fire
  • Storms/flooding
  • Explosions
  • Theft and vandalism

You have a choice of buying insurance only for the building or only for the contents or for both. Buying insurance only for contents is done mainly when you are living on rent.

Coverage

• Building insurance: The value of the house is essentially area of your house multiplied by the rate of construction per sq. feet. So if you have a 500 sq. feet house and the rate of construction is Rs. 1000, then the sum assured would be Rs. 500,000. A property more than 50 years old is not insured. Also insurance companies consider only ‘Pukka/Permanent’ construction.           
• Contents in the house: They are assessed on the market value of the items. This means in case of a loss, the claim value would be the cost of purchasing the time less depreciation for usage.

The policy provided by the home insurance companies act as a guarantee that combines insurance of the home, its contents, the personal possessions of the homeowner. The extent of the risk covered will depend on the type and content of the policy.

What are the typical exclusions?

• Any loss or damage by the insured and/ or insured’s domestic staff direct or indirect involvement in an attempted burglary.
• Any loss or damage on account of loss of  money, securities for money, stamp, bullion, stock or share certificates, business books, documents of any kinds, ATM debit or credit cards, unless previously specifically declared
• Any loss or damage to any property that is illegally acquired, kept, stored which is subject to forfeiture.
• Any loss or damage occurring while insured’s home is unoccupied, for a period of more than 30 days consecutively and if the insured failed to inform the company about the same.

What happens to your insurance policy if you sell the property?

You should cancel the policy and premium will be returned to you on a pro-rata basis.

What is the procedure for claim settlement?

• Inform the call center with policy details. Several insurance companies have a 24 hour call center service.

• All necessary information will have to be furbished which includes policy number, personal details, and other details regarding your claim. Consequently, your claim request is authenticated and is escalated to the company’s claims department.
• Company’s claims department validates and registers the request. They appoint a surveyor within 48 hours.
• The insured submits all the relevant documents to the surveyor. The surveyor submits the Final Survey Report (FSR) along with the documents within 7-15 days.
• If surveyor is not appointed, the company’s claims department sends a letter of requirement for submitting documents to the insured.
• On receipt of documents, the claims department processes the claim within 7 -15 days.
• On approval of the claim, a letter is send to the insured giving the approved amount of settlement
• Payment cheque is released

Home insurance policy gives the home owner not only financial protection but also more importantly peace of mind as his single largest investment is protected from all hazards.

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Jaipur Property Club - First Step to Your Dream Home

jaipurpropertyclub.com, our aims to connect home hunters with the widest choice of Estate Agents and Developers properties on the market. We make the experience of finding suitable homes to view easier for the general public and we make the cost per enquiry for Estate Agents and developers dramatically lower than traditional methods of advertising. The growth opportunities are enormous and the satisfaction of helping people find their next dream home is gratifying. Security in transfer of information We follow strict security procedures to ensure that your personal information is not damaged, destroyed, or disclosed to a third party without your permission and to prevent unauthorised access to it. 


The computers that store the information are kept in a secure facility with restricted physical access and we use secure firewalls and other measures to restrict electronic access. All of the information we collect or record is restricted to our offices. Only employees who need the information to perform a specific job are granted access to personally identifiable information. We will explicitly ask you when we need information to identify you. 


We may require you to co-operate with our security checks before we disclose information to you. Changes to the policy We may change this policy from time to time as we add new services or features or in response to changes in the law or our commercial arrangements. Any changes to this policy will be posted on this Site.


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Real estate terminologies

The common and simple terminologies used (in fact misused)  and often discussed in real estate industry generally end up into lots of confusion.Our aim is to provide an information for a common man  having some kind of interest in sale /purchase or renting of properties.Surely you will find it useful:
1. Built-up area: It refers to the entire floor area including carpet area, walls, lobbies and corridors, atrium areas and basement.
2. CAM: CAM stands for Common Area Maintenance. It includes maintenance of hallways, pathways and utilities.
3. Cap rate: This is also known as Capitalization Rte. It is the return on investment (ROI) on the property. It is measured by the formula: Purchase Price / Net Operating Income from the Property.
4. Carpet area: It is the actual usable area within the walls of the floor.
5. Cash on cash: It is the annual percentage return of your down payment not including appreciation.
6. CPI: The Consumer Price Index is used to calculate the annual rental increase so as to compensate for inflation.
7. Efficiency ratio: Efficiency ratio is generally expressed as a percentage of carpet to super areas of the property.
8. FSI: FSI stands for Floor space index is the quotient of the ratio of the combined gross floor area of all floors excepting areas specifically exempted under these regulations to the total area of the plot.
9. Full service lease: This is a lease where the tenant pays rent to cover everything including utilities.
10. GLA: GLA stands for Gross Leasable Area. This is the total rentable area.
11. Gross lease: This is a lease where the renter pays only rent and the landlord pays the taxes, insurance and maintenance.
12.  LOI: LOI stands for Letter of Intent. It is a non-binding offer letter to buy a commercial property.
13. Maintenance charges: These are charges taken by the maintenance society towards the maintenance of the property.
14. Market value: Market value of the property is the price that the property commands in the open market. It is calculated by the valuation process which works on “demand and supply” principle.
15. Mixed use: These are commercial properties with retail on the first floor and apartments on upper floors.
16. Registration charges: These are the fees associated with getting the legal title registered in your name. This legal activity is conducted in the sub-registrar office.
17. Stamp duty: Real Estate Stamp duty is a tax collected by the Government of India. Stamp duty is based on the market value or the agreement value whichever is greater.
18. Sale deed: Sale deed is the process by which the seller transfers all the rights on property to the buyer.
19. Super area: Super area is the entire area of the building including carpet area, walls, lobbies and corridors, lifts, staircases basements, and other atrium and utility areas.


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What is Vastu and Vastu Shastra?

Vastu (Vaastu) Shastra is an ancient science energy flow throughout the house/office/factory that allows inflow of fresh air and natural light that promotes health, wealth, peace and happiness.

The most ancient science of architecture that goes back to the Vedic ages, it is composed of specific rules and regulations, set down by sages of those times, that an architect / builder / owner was expected to religiously follow to avoid coming under negative or evil influences. Today, it is looked upon as a highly evolved, comprehensive building philosophy in which directions and shapes are the most vital aspects of designing.

Right from the selection of site to correct slope of land down to the shape of the building, this oldest form of architecture covers nearly every aspect of construction. Not only for houses but temples, palaces, forts, offices...just about every possible form of construction. Often providing relief if not cures to physical or emotional problems simply by relocating an entrance, window or room.

Vaastu Shastra deals with various aspects of designing and building living environments that are in harmony with the physical and metaphysical forces. Building practices based on limited interpretations of these principles are still sustained in parts of India. Though Vastu is conceptually similar to Feng Shui in that it also tries to harmonize the flow of energy (Also called life-force, and Prana in Sanskrit, similar to Chi in Chinese) through the house, it differs in the details, such as the exact directions in which various objects, rooms, materials etc are to be placed.

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