COVID-19 Archives - Bhatnagars Real Estate

Are Weekend Homes in The Countryside Becoming a Necessity in Today’s World? Take a Look

Bhatnagars Real Estate — Mon, 21 Sep 2020 18:34:41 +0000

The lockdown has changed the way in which people viewed homes. Fresh air, lifestyle changes, family bonding, work from home have are now the focus.

The vertical expansion of buildings is also somewhere causing suffocation state in terms of peace. Away from the hustle bustle of these urban areas, People have started to invest in getaway or weekend homes, farm house plots in locations that are area, where they can live hustle bustle free life.

Following are some of the top benefits of owning a farmhouse and weekend homes:

1. An exceptional natural view, Fresh Air and scenery:

Sometimes, all we need is a change of scene in order to boost our mood. Luckily, Pune offers some wonderful options when it comes to natural beauty and landscapes. You can simply embrace the beauty of nature, every time your heart desires. and, if you make it a point to get out of the city every now and then, you will return with a refreshed vigour, feeling inspired and ready to face the daily life.

2. Social Distancing:

Owning Farmhouse and weekend home is better for maintaining social distance in this covid-19 pandemic. You stay away from the city and crowded places to maintains social distance and get to live in a conducive environment

3. Safe and Secure:

With an increase in the number of cases and the fear of its spread, people in metros and other urban pockets have hit the path of reverse migration, keen to be back in their villages, where it is open and living can be freer. A rethink of their urban lifestyle and a keen interest to get back to their hometowns and back to their roots is evident. Many weekend home owners businessmen, bureaucrats and officers have moved out of Pune and other cities, and are living in their farmhouses.

4. Family & Life Balance:

The farmhouse that People visited once or twice a month has now become their safe haven. When They Moved with family to their farmhouse. which they claim is “safe from any infection and crowding”. They struggled to settle down for a couple of days. But the children are now trying their hand at farming and are spending “quality” time together and maintain their life balance.

5. Work from Home (WFH):

The coronavirus pandemic has completely changed office culture. companies announce a mandatory work-from-home policy for their employees to curb the spread of coronavirus. Many youngsters are heading back to their hometowns to work. People can’t bear to sit within the four walls of a house and work So they moved to Farmhouse and Weekend house to feel free and relax and work.

6. An instant holiday, also affordable and easy:

The greatest benefit of owning your own farmhouse is that you can take a holiday whenever you want. No need to spend time and money on travel, hotels, etc. Nothing can match up to the feeling of spending a wonderful weekend in your own farmhouse. Moreover, the hills, forests, forts, adventures, and valleys all are within your reach.

7. An additional source of income:

If you have been thinking that owning a weekend farmhouse would be costly and maintaining it can be another hassle, then there’s an easy and effective solution to that. You can convert it into an additional source of income by renting it our as a vacation or weekend site. Simply register your property on various travel/vacation websites. Investing in a farmland plot and farmhouse for weekend getaways near Pune is a win-win situation. If you’re looking for farmhouse plots for sale near Pune.

Buying a House During Lockdown

Bhatnagars Real Estate — Mon, 25 May 2020 07:09:53 +0000

On 22 March 2020 President announced a 21-ay nation-wide lockdown from midnight 23 March in an attempt to stop the spread of the Corona COVID -19 virus. Buying a House During Lockdown.

By taking the correct precautions, sellers and buyers alike can still effectively conclude deed of sales through the assistance of an estate agent and transferring attorney notwithstanding the current national lockdown. Herewith are some “do’s and don’ts” when it comes to making an offer to purchase immovable property during the lockdown period. Buying a House During Lockdown.

As all Indians are confined to their homes for the next three weeks, the signing of a deed of sale can be problematic. The Alienation of Land Act stipulates that no sale of land will be of force and effect unless it is contained in a written deed of alienation signed by the parties or their duly authorised agents. Accordingly, parties to the agreement must physically sign the document. Electronic signatures of whichever nature will therefore not constitute a legal binding deed of sale.

However, parties can sign a deed of sale separately which will constitute a legally binding agreement. A deed of sale can also make provision for by including a clause which reads along the following lines:

SEPARATE SIGNING

The parties hereby acknowledge that this purchase agreement can be signed on different locations and on separate documents, which documents together, signed by both the SELLER and the PURCHASER, will form a complete and binding agreement.

It is also worth noting that it is not a legal requirement for witnesses to sign the deed of sale. Witnessing however is advisable should a dispute arise regarding the authenticity of a party’s signature. The banks usually also require signature of witnesses should the buyer be applying for bond finance.

Potential buyers will not be able to view and inspect properties prior to signing the deed of sale during lockdown. The good news is that by making a deed of sale subject to viewing, buyers do not have to wait until the lockdown has been uplifted before making an offer. The subject to viewing clause is a suspensive condition, which basically means that the deed of sale is suspended pending fulfilment of the condition. In other words, should you as buyer once you have viewed the property, decide that you do not want to purchase the property, the deed of sale will lapse and be of no further force. The wording in the deed of sale can read along the following lines:

SUSPENSIVE CONDITION:

1.1 This agreement is subject to the purchaser physically viewing the property on or before …… (Insert date). On date of viewing the purchaser must confirm in writing by way of notice to the seller or the estate agent that he/she is satisfied with the condition of the property, in which case this suspensive condition will be fulfilled.

1.2 Should the purchaser not wish to proceed with the transaction after viewing, written notice to that effect must be provided to the seller or the estate agent, in which case this deed of sale shall automatically lapse.

1.3 Should the purchaser fail to view the property and provide the seller or the estate agent with his/her written notice on or before the date stipulated in clause 1.1 above, the purchaser will be in breach of this deed of sale.

Buying a House During Lockdown, We will be very happy to help you and assist you in your search. Feel free to call us, mail us.

BHATNAGARS REAL ESTATE – INDIA

Address: F-28, Shanti Kunj, Opp. G.P.O, Sadhu Vaswani Road, Pune 411 001, Maharashtra, India

Email: info@bhatnagars.co.in

Mobile: +91-8055894455

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