Varun Manian for Times of India - Twin Win - Varun Manian. It is a known fact that there is no investment like in property.
Over the last one year, there has been a spurt in the number of ready-to-live-in homes in Chennai.In such a scenario, the best way forward would be to invest in a second home one that is a ready-to-occupy property. Ready to move-in houses offer an edge over the other due to various reasons. Sumit Jain, national director, residential services, Colliers International India explains,“Buying a ready-to-move-in home ensures that it is a more informed purchase.You are aware of the state of the existing place, the amenities there and your neighbours.Your site inspections are substantiated with an all-round evaluation of everything that will help you imagine your future at the house.“ There are other advantages too.
Experts believe there are many factors that favour a purchase decision now. FLY AWAY HOME - Varun Manian, MD Radiance Realty - Varun Manian. Most Indians who live abroad secretly nurture a desire to come back to their home country sometime in the future.
Sriram C, who has lived in the US for the last 15 years, is yet to get a green card because he wants to settle down in India once his son goes to college. While he has never lived in Chennai, his family has roots in the city which encouraged him to buy a house in a gated community in the city. “I bought a house in Chennai as I have relatives here. I found exactly the kind of place that I was looking for, where my lifestyle will be similar to the one I have in the US. This will make it easier for me to settle down here,“ he says.This is a sentiment prevalent among many NRI home buyers. The fact that land prices in Chennai are lower as compared to other metros makes it an attractive investment destination. When it comes to buying in the real estate sector, location plays an important role. But before making any purchase it is important to do due diligence.
Five Trends That Will Reshape Indian Real Estate Market in 2017 -Varun Manian - Varun Manian. One of the globally recognised sectors – the real estate market is expected to grow exponentially in the upcoming years.
The real estate industry is, in fact, the second largest employer in India. According to a report by Indian Brand Equity Foundation, the real estate sector is expected to grow by 30 percent over the next ten years. Thanks to globalisation and the subsequent growth of corporate environment, the need for real estate – be it retail, hospitality, housing, or commercial has increased vastly. Predictions for the Union Budget 2017 by Varun Manian, Managing Director, Radiance Realty. PR Newswire. CHENNAI, January 20, 2017 /PRNewswire/ -- Every year when the budget is read out, people from various professional sectors watch it in anticipation.
Real estate builders, buyers, and investors also eagerly wait for this to unfold. The Union Budget 2017, like every year's budget, has already triggered many expectations and wish lists. From clarity on GST to relaxation in income tax rate, there are many predictions made by real estate and financial experts about the Union Budget. 2017 will be the year for real estate as we can expect a lot of dark clouds to shed off. Also, even after 70 years of independence, India still has lakhs of people who do not have their own homes. Predictions for the Union Budget 2017 by Varun Manian, Managing Director, Radiance Realty. The article below represents a preview only and is not meant for reuse or republishing.
CHENNAI, Jan. 20 -- Every year when the budget is read out, people from various professional sectors watch it in anticipation. Real estate builders, buyers, and investors also eagerly wait for this to unfold. The Union Budget 2017, like every year's budget, has already triggered many expectations and wish lists. From clarity on GST to relaxation in income tax rate, there are many predictions made by real estate and financial experts about the Union Budget. 2017 will be the year for real estate as we can expect a lot of dark clouds to shed off. Also, even after 70 years of independence, India still has lakhs of people who do not have their own homes. PREDICTIONS FOR THE UNION BUDGET 2017 BY VARUN MANIAN, MANAGING DIRECTOR, RADIANCE REALTY. News provided by PR Newswire Print and Apply Labeling System With Intelligent Motion™ Technology Delivers What no Other Labeler can MUMBAI, 2 hours ago As manufacturers implement lean practices, operations teams are focused on high value tasks with limited time to focus on end-of-line labeling systems that require mechanical adjustments and … Pets are a Child's Best Friend BRUSSELS, 3 hours ago New study finds that children value the companionship of their pet even more than their sibling Children get more satisfaction from relationships with their pets than with their brothers or… Introducing Pepsite to India: The World's First Mobile Website Builder App BANGALORE, 3 hours ago Starthosting announces the launch of Pepsite, the world's first mobile website builder app on the Indian market.
Gaining sparkle - Varun Manian, MD Radiance Realty - Varun Manian. An Interview by Varun Manian, MD, Radiance Realty, for www.constructionweekonline.in Varun Manian, MD, Radiance Realty, has a number of ventures lined up for the long run.
Early this year, you announced plans to scale up operations and diversify into utility-scale renewable energy projects. Could you tell us more details about that? In the next few months, we are planning to scale up our operations quite rapidly. In fact, we are hoping to launch half a million square feet in Chennai within the next two weeks. You have a Radiance Facility Force that is into facilities management. Your website speaks of real estate joint ventures. The real estate industry is seeing a slew of reforms. 9 Hidden Costs You Must Watch Out for When Buying a House - Varun Manian. When Buying a House you try to do everything right; but when moving day finally arrives, you’ll be greeted by a whole bunch of hidden costs that will completely overshoot your expenses.
These costs are not hidden per-se, they are quite forgettable in the excitement you have when buying a home. Buying a house is a dream for us Indians, and when that dream is realised, our excitement is uncontrollable. You do everything right; choose the location, set the budget and prepare for the housewarming, but when moving day finally arrives, you’ll be greeted by a whole bunch of hidden costs that will completely overshoot your expenses.
These costs are not hidden per-se, they are quite forgettable in the excitement you have when buying a home. Before you go for the big purchase, make sure you set your budget to cover up these 9 hidden costs. Home inspection cost Cost of relocation Maintenance deposits Stamp Duty/Registration fee Parking space cost Value Added Tax (VAT) Taxes is something no one can avoid. For the love of living - Varun Manian. Demand For Housing May Go Up - Varun Manian to Deccan Chronicle - Varun Manian. Radiance Realty Features in Realty Plus Magazine - November Issue - Varun Manian. Demand For Housing May Go Up - Varun Manian to Deccan Chronicle - Varun Manian. Infra Talk: The dilemma over plot and flat purchase - Varun Manian.
Infra Talk: The dilemma over plot and flat purchase - DTNext.in. Chennai: An investor’s primary concern when it comes to investing in real estate is to choose between a plot of land and a fully constructed flat.
Both have their own advantages and disadvantages. While some home-buyers have strong preferences for one of these, many of them might be unsure on which is a better investment option. A laid-out plot offers buyers flexibility to build houses as per their future requirement. Basically, plots give you the freedom to change the shape and size of the construction area. Value appreciation Space availability in most cities is vanishing at a rapid speed. Risk factor While plots require a lot of work on acquiring unencumbered deeds, apartments may have risks like delay in delivery, building quality, etc. If you are planning to buy plots, banks provide you with very limited financial options. Regular income Plots generate very little or no income on a regular basis. One of the best construction companies in Chennai.
Radiance Genie - CSR Radiance Genie is a unique CSR program initiated by Radiance.
Central to the initiative is the idea of the Genie; a magical being that grants wishes to those in need. This simple yet effective CSR initiative is designed to help the community at large, one small step at a time. While being the brainchild of Radiance Realty, the program is open to volunteers who can donate or help out for a cause. The Key causes supported by the Radiance Genies include the Tribal Hearts Foundation; a non-profit that works with marginalised communities. Important documents to check before purchasing a Residential Property.
Buying residential property, for investment or otherwise, is probably one of the most important decisions you will ever make in your life. So, it is necessary to ensure that the property you are buying is worth your money. In order to do so, there are a number of checks and verifications to help you make the right decision. As part of these, the following documents will help you steer clear of an unwise investment. Not only must you ensure that the documents are present and will be transferred to you upon purchase, but also go through them with a fine toothed comb to ensure there is nothing untoward about the purchase. Building Approval Plan Every construction compulsorily needs the approval of the municipality or the Panchayat, the property falls under. Conversion Certificate Nowadays, most of the valuable real estate properties are being developed in suburban areas around major cities.
Sale Deed The sale deed is the primary document which defines the legal standing of the property. Radiance-realty-chess-champ. 10-year-old R. Praggnanandha is the world's youngest international chess master and holds a record that beats five-time world champion Viswanathan Anand. He will soon be travelling to Russia and Denmark to participate in the international chess tournaments and has a fair chance of becoming the youngest grandmaster in the world. However, this was a distant dream for young Praggnanandha and his father Ramesh Babu. As a sport, chess is the least expensive, but arranging funds to fuel his son's dreams kept Ramesh Babu worried. He was starting to lose hope when Varun Manian, Managing Director of Radiance Realty stepped in as an angel is disguise. As soon as he learned about young Praggnanandha's plight he arranged a meeting with his parents and presented monetary help. The nation should rally together to build a ‘Smart Country’
Varun Manian, MD - Radiance Realty A Business Graduate from New York University, Varun is the quintessential "Ideas Man. " A Chennai native, he chose to work and live in Chennai over a career at an International Investment Firm. As a Truly Cosmopolitan native of the city, Varun understands the Global yet Traditional psyche of Chennai's Residents and what they look for when they invest in living spaces. His perception coupled with his dedication and focus are at the heart of Radiance. Start Ups disrupting the Real Estate Industry in India - Varun Manian. Technology and the internet has changed the way most of us do business and has made our life more comfortable than ever. Start Ups disrupting the Real Estate Industry in India - Varun Manian. Entrepreneurship is just not about making profits: Varun Manian.