Thursday, September 27, 2018

Indians Buying Property Overseas

Author: Sachin Gupta | Find me on Twitter

Post 2008 financial crisis and sovereign debt problems in various European countries, the property prices fell down. Speaking to one person familiar with Spanish market, one get the sense that there is huge property overhang in the country and therefore government has relaxed norms for foreign nationals to buy property. Similarly, in Switzerland, one can easily buy a holiday home in upcoming projects in Andermatt or in other picturesque locations. Fall in property prices in US, EU, and Dubai make these places attractive for NRIs as well as resident Indians.

There could be various reasons for buying property in these countries from settling there later in life, or sending kids for education, pure investment, holiday destination, etc. "Dubai, London, New York and Singapore are the most popular property destinations for Indians. In 2013, Indians topped the list of foreign nationals who invested in Dubai Property market.

However, buying property overseas has its fair share of glitches and therefore one should adhere to following tips and RBI guidelines in order to make sure that process is legal and hassle free.






Have any Questions?

Friday, September 7, 2018

Tips To Make Your House Look Spacious

Some things cannot be easily changed, one of them being your home, of course most of us do not have the luxury of changing residences periodically at the whims and fancy of our bored existence, but there are quite a few interesting ways, you can employ to give your home a complete makeover in surprisingly low budget…

Let us have detailed look at some of the pointers, which you can use for the purpose:


  • The clutter has to go – 

The first and foremost step in this regard is to clear out all the mess and clutter which takes up most of the extra space in your house. There is in fact a very logically approach to this activity. It is said that if you have not used an item in your home for over six months, then in all probability, you’ll never use it in your life (excluding winter wears). Hence, take a good look around and identify such items…the kitchen is a good place to start…keep your OLX app handy…The next important area to de-clutter is the entry hallway of your house. If you enter into a clean and open area every day, you will automatically feel that your house is more spacious.


  • Make do without too many fancy items – 

This is another thing, which needs to be carefully edited. Get rid of all those fancy items, which are not really necessary for your house either by gifting, selling or by just by throwing away. You will be surprised at how much space opens up after you are done gifting!


  • Redesign your furniture – 

Another great step towards making space in your house is to change the shape and size of your furniture. For instance, you can replace your shoe rack with a hanging shoe organizer, which will not only save a lot of floor space, but will also keep your house cleaner. Another example can be that of a shelving unit, which can be built into a wall or the back of a door.


  • Repaint your walls – 

Another trick, which can be used to make your house look bigger, is to lighten the shade of color of the walls of your house. The lighter the color of the walls, the bigger the house would look. Dark paints make rooms look cozy and comfortable, but they also make them look smaller and cramped.


  • Decorate the ceiling – 

This is one of the most frequently used tricks to increase the height of the house. If the ceiling of your house is painted or has wallpaper, your house will automatically get more height. So if the height of your house is your main concern, consider this option to be a perfect solution for your problem.


  • Re-arrange the furniture – 

Avoid putting the furniture close to the walls, as it makes the place to look cramped and closed. Pull the furniture away from the walls and you will automatically add more space in your house. You can also build your own vertical shelves and make it more fun!


  • More vertical furniture – 

Instead of expanding your furniture horizontally, try to expand it vertically. Bunk beds are a good option instead of double beds in your children’s bedroom.


  • Stripes go a long way – 

Try to put out rugs and wallpapers, which have stripes on them. This will give you an illusion of more width and height. Hence your house will appear far bigger than it actually is. Arrange the stripes in the direction of the longest length of the room for best results.


  • Mirrors, more mirrors – 

As you must have seen in many shops, there are many strategically placed mirrors, which create an illusion that the shop is bigger and more spacious. You can use the same concept for your house as well. Place mirrors in the entryway and room entries to double the width of the room by a large margin.


  • No overhead stuff – 

The more things you will hang from the ceiling, the more cluttered that room will look. Avoid hanging lights and decorative items in your house if it is already very cramped up. Instead of hanging a light bulb, try to put on a decorative lampshade instead!


  • Uncover the windows – 

Remove those bulky curtains from your windows and bless your house with some sunlight. Leaving the windows uncovered automatically makes the room to look bigger and brighter. It would also have the right energy and create a positive vibe; if the windows are left open and off-course some cool breeze would be good too.


  • Remove some doors – 

If this is feasible to you, you can try this unconventional method to literally open up some space. You can remove some doors, which connect rooms together and leave those particular areas open. This will not only increase the size of your house, but would lead to good ventilation too.


  • Color code – 

To make things appear more organized and cleaner, one should try to keep them in accordance with their color tones. If you keep all the colors together in one place, separated by even and thin margins, your room will open up by ten folds and also it is a visual treat!


  • Large scale flooring – 

The floor pattern, which you choose for your house must have large blocks. The larger the pattern, the more spacious your house will look. Also, try to arrange the floor tiles in a diagonal fashion to give the illusion of more space. Tiling is a crucial and costly step, so try to do this in the beginning itself.

So now that you are well equipped with these easy tricks on how to create more space in your house and make it look bigger, what are you waiting for? Choose your top 5 and start with them right away! These tricks are so simple and cost effective that you will be really happy after you are done revamping your house.After all a bigger place is so much better to live in!


This is a guest post by Anasua Mitra, Associate  Manager - Marketing, Wienerberger India Private Limited