Gurgoan

Cost of Living in Gurgaon

Living in Gurgaon

Moving to Gurgaon

gurgaon

property in Gurgaon

Relocating to gurgaon

Rental Property in gurgaon

Living Expenses in Gurgaon

The city has experienced quite an upgrade in the past couple of years. The city started to grow just when the manufacturing plant of Maruti Suzuki and BPO operations were established simultaneously, i.e., in the late 1970s. Earlier, it was believed that Guru Dronacharya taught his students, including Arjuna, that’s why it was named Gurugram. Since that time, the city has manifested itself; Gurgaon is a hub of many leading industrial, financial, and IT companies and now, in 2022. The economic growth story of Gurgaon being the home of many Fortune 500 companies is not hidden. With its fantastic connectivity to Delhi Road, Metro, and its own Rapid Metro, many people shift to Gurgaon, with or without families, in search of better opportunities. Gurugram offers excellent employment opportunities, which is why people from abroad are also moving to this city. But living here has its own cost, so if you are one of those people moving to Gurgaon, you will encounter various expenses. However, we don’t want an unexpected expense to come as a surprise to you and disbalance or hamper your budget. So, we have prepared a complete breakdown of costs that you will face when moving to Gurgaon. <h2 dir="ltr">Factors to Consider</h2>Relocating to any place requires patience, which involves the process of ‘researching before moving’. When considering shifting to Gurgaon, there are certain factors like transport, food, amenities, connectivity and others whose solutions should be well prepared in advance. It will allow you to set a budget and live a comfortable life in Gurgaon. So, it is mandatory to evaluate the below-mentioned points. <ul><li dir="ltr" style="color: #0e101a;background-color: transparent;">Is the job better than the current one? </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Will you relocate with your family or live alone? </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Your monthly expenses are based on your lifestyle.</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Accommodation preference: to <a href="https://www.clicbrics.com/property-in-gurugram" target="_blank">buy a property in Gurgaon</a> or to <a href="https://www.clicbrics.com/blog/rent-in-ncr-how-much-will-you-have-to-pay-in-gurugram-noida-faridabad" target="_blank">live on rent in Gurgaon</a> </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Transportation and travel expenses.</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Fuel expenses if commuting on your transport</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Food expense </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Electricity, gas, cable and other utility bills</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Domestic help </li></ul>The points mentioned above are the crucial factors that one needs to consider based on their respective lifestyles to calculate their living expenses in Gurgaon. <h2 dir="ltr">The Average Cost of Living in Gurgaon </h2><div dir="ltr" style="text-align: left;"><table border="1px"><colgroup><col/><col/></colgroup><tbody><tr><td> BASIC EXPECTED EXPENSES </td><td> AVERAGE COST   </td></tr><tr><td> 2 BHK apartment in Gurgaon for rent </td><td>Rs 23000</td></tr><tr><td>2 BHK flat in Gurgaon </td><td>Rs 80 lakh</td></tr><tr><td>Utility expenses</td><td>Rs 5000</td></tr><tr><td>Transportation Expense</td><td>Rs 4000</td></tr><tr><td>School Fees</td><td>Rs 30000+</td></tr><tr><td>1 Time Expense on Food</td><td>Rs 600-800</td></tr><tr><td>1 Time cost of Quality Food</td><td>Rs 1500+</td></tr><tr><td>Monthly Groceries Expense</td><td>Rs 8000-10000</td></tr><tr><td>Miscellaneous Expense (if any)</td><td>Rs 5000+</td></tr></tbody></table></div> The list mentioned above is a detailed version of the cost of living in Gurgaon. From basic amenities to evening coffee dates, it pretty much covers everything you need to know when deciding to stay in Gurgaon. Nevertheless, the basic average cost will also vary <a href="https://www.clicbrics.com/blog/different-income-groups-and-which-one-do-you-fit-in" target="_blank">based on your preference</a>, lifestyle and whether or not you are moving in with your family or alone.Let's discuss in depth the cost involved in various scenarios-<h2>Cost of Living in Gurgaon Alone  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656914757709_cost of living in gurgaon alone.jpg" alt="cost of living in gurgaon"/> The following are the factors that must be considered by bachelors when living in Gurgaon. <h3>1. Property on Rent </h3>You can find a 1 BHK apartment in Gurgaon for rent at Rs. 15000 a month, whereas 2 BHK apartments are around Rs 20,000 a month. One BHK or 2 BHK can be stated as an ideal choice for people living in Gurgaon alone. You will have the luxury of choosing a whole apartment for yourself or living in a shared apartment with others. <h3>2. Basic Household Expenses  </h3>If you decide to live alone in Gurgaon, you will have to pay for electricity, cable, water, gas, domestic help, garbage disposal, etc. In short, the whole burden will be upon your shoulders, and somewhere it will cost you around Rs 10,000/month. Also, the lifestyle expenses vary from person to person, so an average estimated cost would lie between Rs 3000- 8000, respectively. <h3>3. Conveyance  </h3>The best advantage of living in Gurgaon is that it has the best connectivity possible. Plenty of transportation services in the form of buses, metros, and autos are available. You can keep a budget and expect an expense of Rs 3000-5000 a month. <h2>Cost of Living in Gurgaon With Your Partner  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656914776170_cost of living in gurgaon with your partner.jpg" alt="living expenses in gurgaon"/> The cost of living with your partner in Gurgaon could be considerably high.<h3>1. Property on Rent  </h3>If you opt for a 2 BHK apartment in Gurgaon, it would cost around Rs 32000, whereas if you opt to live outside the city, the rent would be around Rs 2000 or more. <h3>2. Conveyance  </h3>The expected cost that a couple would have to bear will range from Rs 4000-5000 a month. <h3>3. Food Expense  </h3>Couples generally prefer to prepare food at home, so with ay shopping could cost them around Rs. 8000–10,000/month.<h2>Cost of Living in Gurgaon With a Complete Family</h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656914765877_cost of living in gurgaon with family.jpg" alt="living in gurgaon"/> Let's assume you are a family of four. You, your partner, and your two adorable kids. If a new job entices you so much that you are willing to shift to Gurgaon with your family, keep the below mentioned average expense in mind. <h3>1. Property on Rent  </h3>If you plan on living with your family, you would most probably opt for a 3BHK in Gurgaon, which would approximately cost Rs 50,000. But living outside the city can cost comparatively less, i.e., around Rs 30000. <h3>2. Conveyance  </h3>Around Rs 6000 or more could be set to be the average cost of transportation that a family has to bear when living in Gurgaon. <h3>3. Basic Household Expenses  </h3>A family consisting of 3 to 4 members will have to spend an average of Rs. 6000–8000 on utility expenses like electricity bills, cable bills, WiFi, water bills etc. These miscellaneous costs go up to Rs 10000. You might require domestic help, childcare costs, medical expenses, and maybe more. <h3>4. School Fees  </h3>If you have two kids, the average education expense could cost Rs 50,000 or more if you live in Gurgaon. Elated to move to Gurgaon but worried about the high cost of living? Don't fret! Either you opt to live in any of the <a href="https://www.clicbrics.com/blog/rent-a-property-in-gurgaon" target="_blank">top 4 best properties in Gurgaon on rent</a> or for a permanent solution, you can get in touch with <a href="https://www.clicbrics.com" target="_blank">Clicbrics</a>. They can help you find a good property in Gurgaon at very reasonable rates. So, what are you waiting for? Hurry up, try today!  Also read: <a href="https://www.clicbrics.com/blog/planning-to-move-to-gurugram-with-family" target="_blank">Are You Planning to Move to Gurugram With Family? Read These 5 Factors Before You Do So</a>

Want to know the cost of living in Gurgaon? This article will give you everything you need to know about living in Gurgaon, India. Learn about the cost of living in Gurgaon, rent,  transport, food, and entertainment. Read more here.

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Living Expenses in Gurgaon: Here's a Complete Break Down of Expenses

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Clicbrics

clicworth

2019 Budget for Real Estate Sector

Avoid Overpaying

Since it is the feedback that we received from one of our customers, we will respect their privacy and will not disclose their names. But it is a story of a commoner, which makes it important for every Indian to study and understand the story. Today it's them, and tomorrow it could be you. Fight for yourself and save yourself from paying more than what the property is worth .<h2 dir="ltr" style="text-align: justify;">Real-life story: </h2>My spouse and I were living in Delhi earlier, but we shifted to Mumbai because of work. For the past 10 months, we were trying to buy an apartment in Mumbai. It was genuinely proving to be a challenge. We are working and have a good credit score, we even had a hefty down payment ready. But what happened was beyond unbelievable. It was Saturday, a perfect weekend. While we were having a cup of tea and enjoying the pleasant weather, our real estate agent called and informed us that he had got a perfect home for us within our price range. We got excited and decided to pay a visit, but once we got there, the agent informed us that there was a certain clause that we had to sign, and he was demanding twice our budget. Despite liking the property, we were disheartened, and once we went home, we again discussed about it. I thought of asking for money from my parents because we were in awe of the property. I even talked to my mother about the same thing.Although we are in our mid-30s, my husband was uncomfortable with us taking loans and borrowing more money from my parents. But since we were running out of time, we decided to buy it. Our cheque was ready; we had a meeting with our agent on Thursday to give him the cheque. While we were finally happy to be able to afford our dream home, my husband found something on the internet the night before. My husband came across a site named Clicbrics, India's online real estate platform. It turned out that the price mentioned for our property on Clicworth—a property evaluation tool—was way less than what we expected. It was indeed in our budget, and easily saved Rs  20-30 lacs. This means that the broker overpriced the property we were interested in. So, my husband got furious and called our agent, and the agent started giving my husband lame excuses, and since then, we couldn't get in touch with him. Like this couple, you can also avoid overpaying for the property with Clicbrics, as it provides<ul><li dir="ltr" style="color: #0e101a;background-color: transparent;">Real-time Transaction Pricing</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Real-time Inventory Levels and,</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Real-time Neighborhood Check </li></ul><h2 dir="ltr" style="text-align: justify;">Why Clicbrics?</h2>Clicbrics is India's online real estate platform that provides buyers with the transparency they need to make the best investment. The firm has successfully combined its real estate and technology expertise and launched Clicworth.<h2 dir="ltr" style="text-align: justify;">What is Clicworth?</h2>Clicworth is a house valuation tool specifically designed to provide property prices with 90% accuracy. The tool is powered by AI and Machine Learning that provides customers with access to fair pricing. One needs information like property type, size, and floor to get an estimated market price of the interested property. <h2 dir="ltr">Steps to check the value of a property</h2>STEP 1- Visit <a href="https://www.clicbrics.com/clicworth">Clicworth</a>. STEP 2- Enter the address or locality you are interested inSTEP 3- Select floor and area and click “Check Clicworth” And that's it! These 3 simple steps can help you find a dream home without having to pay more. Try Clicworth, a non-profit free property valuation tool, and see the property's true value yourself.  Also read: <a href="https://www.clicbrics.com/blog/check-how-clicbrics-minimizes-the-chance-of-you-being-tricked" target="_blank">No More Real Estate Frauds! Check How Clicbrics Minimizes the Chance of You Being Tricked!</a>

Are you looking for a property? Or maybe you've already finalised a property? Be sure to read this blog to find out how to avoid a property scam.

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Here is How I Avoided Overpaying for Real Estate!

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India Real Estate Market

Real Estate Hashtag

Hashtags for Real Estate

Want to know why brands use real estate hashtags? Is it worth the hype? We are going to tell you about the top real estate hashtags to follow on Instagram, Twitter and Facebook and whether you should use them for your business or not.
> Discover additional details here.

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real-estate-hashtags

Real Estate Hashtags That You Must Follow To Stay Updated

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Value of your Home

Value of your Property

Now that you have landed on this blog, it must be because you are wondering what the value of your property is. It’s not that COVID-19 affected only the real estate market, but we all have been affected by it. The less we come in contact with each other, the better! Today whatever we want, we rely on technology for answers. Doubt it? Well, think yourself-<ul><li dir="ltr" style="color: #0e101a;background-color: transparent;">If you wish to have midnight munchies, you Swiggy or Zomato, </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">If you want to get vegetables in 15-20 mins, Blinkit delivers, </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">If you wish to buy clothes, you use Amazon, Flipkart etc. </li></ul>So, don't you think technology should bless us with some property valuation calculator in order to get access to the fair price? Ding ding ding! We have a winner, the days of depending on real estate agents to know the value of a property are far left behind. Technology has finally blessed us with a property valuation calculator tool which enables finding the true value of the property with just 3 clicks. Introducing <a href="https://www.clicbrics.com/clicworth" target="_blank">Clicworth, a home valuation tool</a> specifically designed to provide you leverage over the property prices with at least 90% accuracy. Let’s explore more about Clicworth and how you can use it to know the property’s value.<h2 dir="ltr">Property Valuation Calculator: Clicworth </h2>Clicworth, the property valuation calculator tool, is introduced by <a href="https://www.clicbrics.com/" target="_blank">Clicbrics</a>, which is India’s online real estate platform. In order to make good investment decisions, Clicbrics provides complete transparency to buyers. It also helps sellers with the liquidity required to complete real estate transactions and developments carefree. With this aim in mind, Clicbrics created Clicworth, a new paradigm for India’s online real estate marketplace that combines expertise in real estate and technology.  Clicworth is an AI-based tool that helps consumers access the fair price of any property they are interested in. We can proudly state that the property valuation tool by Clicbrics is a kind of investment in the future of the real estate market of India. Clicworth has successfully extracted the data via AI and Machine Learning which has made the process of finding the property’s worth quite easy. In order to find out the price of the property you are interested in, all you require is the following information-<ol><li dir="ltr" style="color: #0e101a;background-color: transparent;">Address or Locality </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Type of Property (Apartment/ Independent Floor/ Villa/ Plot)</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Floor</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Apartment Configuration (1BHK/2BHK/3BHK/4BHK)</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Apartment Size (in sq ft or sq yard)</li></ol><h2>Steps to find the value of your property</h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656409924513_Steps to find the value of your property.gif" alt="value of your property"/> STEP1- Visit <a href="https://www.clicbrics.com/clicworth" target="_blank">here</a> and enter the address, project or locality you are interested inSTEP2- Choose floorSTEP3- Enter area and check Clicworth Just these 3 simple steps, and then Clicworth will provide you with the estimated range of the property. The evaluated price will also be followed by an Affordability Calculator that will detail the basic down payment, home loan EMI, home loan interest rate and home loan tenure. If you encounter any realtor stating that your dream home is out of your budget, log on to Clicworth and discover the price yourself!  Also read: <a href="https://www.clicbrics.com/blog/check-how-clicbrics-minimizes-the-chance-of-you-being-tricked" target="_blank">No More Real Estate Frauds! Check How Clicbrics Minimizes the Chance of You Being Tricked!</a>

Clicworth is a free tool that will help you find out the right price for your home in an easy 3-step process.

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Yes, You Can Find the Value of Your Property in Just 3 Clicks. Find Out How!

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Plus Minus POP Design

Over the years, the ceilings of our room were concealed by light fixtures and fans. But now, the modern plus minus POP designs have taken over the concept, leading to full utilization of space and converting our ceilings into a showstopping element of the home. If you wish to make your room's ceiling like one of those showcased in home decor magazines, you can't just think about leaving them bare. Instead, focus all your energy on beautifying the ceiling with full creativity and minimal cost. Doesn't matter what size your home is today; you will find the Plus Minus POP Design in almost every home. The reason is not just the artistically appealing plus-minus POP design, but it also helps conceal the structural flaws, jutting electrical wire, and improves the space's acoustics. If you are new to home decor and don't wish to leave a ceiling bare, then it's time to read this blog and learn some interesting POP plus minus designs for your home. <h2 dir="ltr">Role of Plus Minus POP Design</h2>The role of POP was not that much in home interiors, but today it has become an integral part of <a href="https://www.clicbrics.com/news-and-articles/post/5-diy-home-decor-ideas">home decor</a> and is used in wall trims, false ceilings, and accent decor. If you want to enhance your home with minimal cost, then using POP will stand out as the best option. Plaster of Paris is a white powder of semi-dehydrated gypsum used to create magnificent POP ceiling designs. But with time comes new interesting, innovative ideas, and this is how the Plus Minus POP Design false ceiling is helping in closing the deal. The Plus-Minus POP Design provides a versatile look, but if you add some decorative elements, your room will go from plain to extraordinary in the blink of an eye. Now let's create some beautiful Plus-Minus POP Designs for each room.<h2 dir="ltr" style="text-align: left;">Plus Minus POP Design for your home </h2>You have the luxury of designing your home based on style or theme. If you live in a lavish and affluent location, you can choose to keep the design extravagant and detailed, whereas if you live in small areas, you can keep the design simple yet streamlined. Nevertheless, it all comes down to you and your creativity, so below mentioned Plus Minus POP Designs will help you improve your home's decor.<h3>1. Plus Minus POP Design for the Gallery</h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401538342_Plus Minus POP Design for the Gallery.webp"/> </div>When designing your home, you need to focus more on the area most people tend to neglect: the gallery. A gallery area should be anything but ordinary. A modern Plus-Minus POP Design for the gallery is where you will indulge most of your creativity by creating an artistic display of lights and patterns on the ceiling. You have the luxury to design and play around with some wood colors to complement the house's walls palette. <h4><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1652255689872_ct.webp"/>Give the rustic metal chandelier a chance for your entrance, as it will add quintessential old-world charm.</h4><h3>2. Lighting up your bedroom with simple yet elegant Plus Minus POP Ceiling Designs</h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401588296_Lighting up your bedroom with simple yet elegant Plus Minus POP Ceiling Designs.webp"/> </div>It's time to experiment with different hues of light. The best place which will suit a false ceiling would be close to walls as built-in lights will take over the space and will create a warm and relaxing atmosphere. A minimalist POP design releases peace to make your room even more cozy.<h3>3. Plus Minus POP Design to give a spotlight in the kitchen</h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401630839_Plus Minus POP Design to give a spotlight in the kitchen.webp"/> </div>The use of Plus Minus POP Design in the kitchen is quite rare, but it is surely the best place to draw everyone's attention. The new Plus Minus POP Designs for the kitchen area include sophisticated styles that add dimension to the room without stealing attention from the delicious dishes you've been working on. You can add lighting in the false ceiling to enhance your cooking experience. In this form, you will be able to hide extra wiring and piping of your <a href="https://www.clicbrics.com/blog/difference-between-residential-and-commercial-property">kitchen</a>. <h3>4. Trendy Plus Minus POP Design for dining room </h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401235108_Trendy Plus Minus POP Design for dining room.webp"/> </div>Why go out on a romantic date, when you can have it at your favorite place! Lighting is very important when it comes to beautifying the dining room area. For your <a href="https://www.clicbrics.com/blog/dining-room-designs">dining room's</a> false ceiling, you can get a two-layered ceiling with recessed lighting between layers, enhancing the dining room's appearance and enriching the dining experience. The POP ceiling designs can be set to be effective with a good amount of lighting so that people can perceive and relish your delicious food easily. <h3>5. Stunning Plus Minus POP Designs for hall </h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401383240_Stunning Plus Minus POP Designs for hall.webp"/> </div>Ornate cornice designs are something that will give your hall a fully ornamentally decorative look and will create a remarkable impression upon your visitors. If you have a large hall that requires different accents and intricate POP detailing with a stunning chandelier, you will get an effect of ritziness and elegance. <h3>6. Gorgeous Plus Minus POP Designs for living room </h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401453306_Gorgeous Plus Minus POP Designs for living room.webp"/> </div>A POP ceiling in your living room will provide an extra layer of insulation. You can add LED lights if you wish to have a warm look in your living room. Or creating a quirky POP design for your living room ceiling can set another option. If you are someone who is fond of classiness as much as geometry in design, then you will find the concept of the living room ceiling quite appealing. <h3>7. Elegant Plus Minus POP Designs for bathroom </h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401433143_Elegant Plus Minus POP Designs for bathroom.webp"/> </div>Your bathroom can go from mundane to extraordinary with just an addition of a POP false ceiling. You can give your bathroom the POP curves, swirls, cones, or waves in light color, which will change the outlook of your bathroom and will convert it into a contemporary bathroom. In order to give a touch of a luxurious look, you can add arches and floral decoration with bold colored accents. <h3>8. Winsome Plus Minus POP Design for porch </h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401424715_Winsome Plus Minus POP Design for porch.webp"/> </div>Just because the porch area is situated outside doesn't mean it requires less attention in your home. To give it a more artistic look, you can add arches and pillars; we assure you it will look even more pleasant to the eyes. They, too, deserve a false ceiling, so a simple latticework patterned POP  design is completely enough to make your porch the best area. <h3>9. Fantastic Plus Minus POP Designs for children's room </h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401669695_Fantastic Plus Minus POP Designs for children's room.webp"/> </div>You just can't miss utilizing your creative artistry side for your <a href="https://www.clicbrics.com/blog/childrens-rooms-set-up">kid's bedroom</a>, especially when their choices for POP false ceiling are limitless. For your teenage girl, you can create a beautiful, floral-themed room with pastel colors; for your boy, you can use geometrical patterns. There is no point in limiting yourself to see, but you can talk to your kids and see what they like. Maybe their interest lies in something else, and the theme can be based on sports; if your kid is a Potterhead, then it could be the Gryffindor common room or ethereal fairyland for a Barbie fan kid. <h3>10. Simple Plus Minus POP Design for Puja Room</h3><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656401340918_Simple Plus Minus POP Design for Puja Room.webp"/> </div>Have you ever noticed what's so enticing about Indian temples? It's their intricately carved and decorated ceiling. And there is no point in thinking that you can't have them because you easily can! With the POP plus-minus false ceiling, you can get the same look in your<a href="https://www.clicbrics.com/blog/bhumi-poojan-muhrat-2022"> pooja room at home.</a> You can provide a contemporary look by giving a floral border and hanging bells and chandeliers from the false ceiling to emphasize the detailed designs.  Read More: <a href="https://www.clicbrics.com/blog/home-decor-trends-2022" target="_blank">Top Home Decor Trends To Make Your Home Look Appealing in 2022</a>

Are you looking for POP plus-minus design ideas for your home? You've come to the right place. You will discover some of the best designs that will work for any home. This will show you that you don't need to be an expert to create a beautiful space.

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pop-designs-for-your-home

Trendy Plus Minus POP Designs For Your Home

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Hosur-Sarjapur Road layout

HSR Layout,

HSR Layout Bangalore

<h2></h2>HSR Layout is a renowned locality situated in the southeastern part of Bengaluru. Are you aware of the fact that the Hosur-Sarjapur Road layout has suddenly become the most wanted residential area? Well, it is indeed true, and because of this, the commercial areas of the city near Karomangala Hosur Road and surrounding areas have also experienced a dramatic rise.  From the time the area was rewarded with the best gateway to Electronic City, one of the fantastic IT hubs in Bangalore, the demand for apartments in the HSR Layout increased. But do you know, the nearby residential locality is also gaining the equivalent rise in real estate demand? You all must be getting curious as to why HSR Layout Bangalore is suddenly gaining real estate attention? If you are someone who is planning on buying an apartment in HSR Layout or its nearby area, then continue reading this article.<h2 dir="ltr">HSR Layout: Overview </h2><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656311758050_HSR Layout Overview.webp"/> </div>The city of Bangalore has witnessed a sudden surge of interest in HSR Layout. The reason for this sudden increase in real estate activity is the recent upgrades that have been made to the area. HSR Layout residential locality was developed on land taken from Agara Lake. The IT firm has immensely contributed to the rise in demand of apartments in HSR Layout. The residential area is divided into Sectors from 1 to 7 with good connectivity intersecting main roads and crossroads. The residential locality also offers civic amenities with well-maintained parks, an organised drainage system, broad streets, and a garden, which makes HSR Layout the most peaceful place to live . The locality was first developed in 1985 by the Bangalore Development Authority. <h2 dir="ltr">Is HSR Layout a posh area?</h2><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656311294296_Is HSR Layout a posh area.webp"/> </div>Now that the area has so much to offer, you must be wondering how's the lifestyle of that residential locality. HSR Layout is undoubtedly one of the most popular areas under the Bommanalli. The best advantage of living in the HSR Layout residential area is that there are a plethora of options to spend time with family and friends. Plenty of restaurants, cafes, and pubs are situated around, which makes the area a perfect place to live in. For the weekend gateway, you can visit Agara Park, Jagannath Temple, Big Hanuman idol, Jawahar Lal Nehru Planetarium, Cubbon Park, Iskcon Temple, Innovative Film City Tumble Town, etc. You can also visit Agara Lake, which is spread over 90 acres and is one of the well-maintained lakes of Bangalore. People often visit the place for an evening walk as the lake offers 1.9 miles of best walking trails too. HSR Layout also offers hospitals, schools, and other civic amenities, which is why we can say that, yes, HSR Layout is a posh area to live in. <h2 dir="ltr">What are the connectivity options available to surrounding HSR Layout Localities? </h2>HSR Layout is not only known for apartments but also for excellent connectivity and road networks. The internal road network is aligned with the Main roads, which run north to south and Crossroads from east to west. <ul><li dir="ltr" style="color: #000000;background-color: transparent;">Carmelaram railway station is 9.4 Kilometres away.</li><li dir="ltr" style="color: #000000;background-color: transparent;">14 kms away from Bangalore City Junction. </li><li dir="ltr" style="color: #000000;background-color: transparent;">Residents can opt for commute mode on BMTC bus services in the ORR and the HSR. </li><li dir="ltr" style="color: #000000;background-color: transparent;">Hardly a one-hour drive from the Hosur-Sarjapur Road layout to Kempegowda International. </li><li dir="ltr" style="color: #000000;background-color: transparent;">From the HSR Layout, Bangalore residential locality Byappanahalli, Indiranagar, and MG Road Metro Stations are 11-12 kms away.</li><li dir="ltr" style="color: #000000;background-color: transparent;">Metro Line 3 is under construction in Phase 2 and is expected to be completed by 2023. After the completion of the project, the connectivity level is more likely to improve. </li></ul><h2>Other Infrastructure of HSR Layout, Bangalore </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656311629858_Other Infrastructure of HSR Layout, Bangalore.webp"/>The locality is spread into 1 to 7 sectors offering the best social infrastructure like parks, gardens, internal roads, shopping malls, etc. Diana Convent, JSS Public School, Freedom International School, Brilliant High School, Round Table School, Lawrence High School, and Cambridge Public School are some of the best schools in the HSR locality. For colleges, there are well-known institutions like the National Institute of Fashion, Oxford College for Science and Oxford College of Engineering, and Srikrishna Iit-Jee Medical. When we talk about hospitals, there are Narayana Multispeciality Hospital, Greenview Medical Center, Apollo Clinic, Sri Tirumala Hospital, Queen's hospital, etc. You don't even have to worry about losing a new trend or sale because HSR offers BDA Shopping Complex, KLM Shopping Mall, Freshco Hyper Bazaar, Ecospace, Star Bazaar Supermarket, Forum Mall, etc. <h2>Is it reasonable to invest in HSR Layout, Bangalore?</h2><div><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656311499921_Is it reasonable to invest in HSR Layout, Bangalore (1).webp"/> </div>The real estate trend indicates that Bangalore's HSR Layout is expected to offer hefty appreciation potential. Already the locality has experienced 10% hike over the last couple of years, and the current property rates range from Rs 3,788-6,523 per sq ft. With so much to offer in this peaceful locality, the demand for apartments in HSR Layout, Bangalore, has already increased. Generally, a 2 BHK apartment price ranges from 60-90 Lakhs, whereas a rented <a href="https://www.clicbrics.com/2-bhk-apartments-in-india" target="_blank">2 BHK apartment</a> ranges from 25-35k. With good appreciation and fantastic connectivity, HSR Layout, Bangalore, makes a perfect place for a good investment proposition. Read More:  <a href="https://www.clicbrics.com/blog/building-code-guidelines" target="_blank">Building Code Guidelines for Residential Buildings in India</a>

Are you planning on buying a flat in HSR Layout, Bangalore? Now, you can read about its connectivity, infrastructure, apartment rates, etc. at HSR Layout. Read the blog and discover the major aspects of the sudden increase in real estate of HSR Layout.

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Find out why there is a shocking increase in realty of HSR Layout, Bangalore?

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affordable real estate

Real Estate Frauds

Real Estate Agents

Technology has become an integral part of our lives, and it’s a matter of time before every product and service will get affected by it. Digitalization is continuously growing and is creating a rise to change the market and economies. Some industries were slow in <a href="https://www.clicbrics.com/blog/how-are-new-technologies-affecting-real-estate" target="_blank">adapting to the technology,</a> and the real estate sector was one of them. But with time, real estate India shifted its paradigm and now has moved towards digital transformation, which has eliminated the <a href="https://www.clicbrics.com/blog/real-estate-scams" target="_blank">real estate fraud cases in India</a>. Wondering how? Keep reading the blog, and you will be amazed to see how <a href="https://www.clicbrics.com/" target="_blank">Clicbrics</a>, the proptech startup, has successfully transformed real estate transactions and minimized the involvement of fraud real estate agents. As a result, people are enjoying the benefits of healthy business. <h2 dir="ltr">Clicbrics: Overview </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656308179540_Clicbrics Overview.webp" alt="clicbrics overview"/> The game-changing proptech startup was founded in 2017 by Rohit Malik and Subhash Bedi. Clicbrics is India’s first AI-based online marketplace that uses Machine Learning Algorithms to assist price trends and real transactional pricing to every stakeholder. In order to provide complete transparency to the Indian market, Clicbrics launched its property Valuation tool known as ‘<a href="https://www.clicbrics.com/clicworth" target="_blank">Clicworth</a>’. It allows customers to get approx 90% accurate home valuation. <h2 dir="ltr">How does Clicbrics minimize the chance of you being tricked?</h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1656308169244_ow does Clicbrics minimize the chance of you being tricked.webp"/> The vision of Rohit Malik was way ahead of time as when real estate India lagged other industries in using technology, the CEO of Clicbrics shifted the paradigm with the implementation of AI and Machine Learning Algorithms and came up with the idea of Clicworth. To save the consumers from the fraud by real estate agents and boost the economy of India, Clicbrics came up with the following points-<ul><li dir="ltr" style="color: #000000;background-color: transparent;">Apprehending and using real-time data </li><li dir="ltr" style="color: #000000;background-color: transparent;">Increasing efficiency and decreasing costs </li><li dir="ltr" style="color: #000000;background-color: transparent;">Accessing new revenue streams and boosting income </li><li dir="ltr" style="color: #000000;background-color: transparent;">Accessing new metrics, which also include <a href="https://www.clicbrics.com/blog/real-estate-and-esg" target="_blank">ESG (Environment, Social, and Governance)</a></li><li dir="ltr" style="color: #000000;background-color: transparent;">Making secure and <a href="https://www.clicbrics.com/blog/financial-mistakes-in-real-estate-investing" target="_blank">better investment decisions</a>. </li></ul><a href="https://www.clicbrics.com/blog/affect-of-the-two-waves-of-covid-on-real-estate" target="_blank">COVID-19</a> had a major contribution to disrupting the real estate industry. But with the help of technology, the difficulties and uncertainties arising in selling and buying a property in India have been eliminated. So this is how Clicworth has decreased the chance of getting tricked. <h2 dir="ltr">Embracing New Opportunities of Real Estate India </h2>AI has a significant impact on the real estate market of India. Clicworth is an AI and Machine Learning property evaluator that identifies complex trends with the data sets and supports strategic decision-making. Clicbrics is reshaping the property purchase and management experience in a variety of ways-<ul><li dir="ltr" style="color: #000000;background-color: transparent;">Real-time transaction pricing </li><li dir="ltr" style="color: #000000;background-color: transparent;">Cutting down middlemen (real estate agents) in property purchasing </li><li dir="ltr" style="color: #000000;background-color: transparent;">Real-time inventory level </li><li dir="ltr" style="color: #000000;background-color: transparent;">Real-time neighborhood check </li></ul>The <a href="https://www.clicbrics.com/blog/how-far-will-home-prices-rise-in-2022" target="_blank">real estate industry</a> is the world’s largest asset class, in which several frauds are expected to occur. They not only lower the morale of the potential buyer but also contribute to the economy’s fall. This is how digital real estate India secures and speeds up the real estate ecosystem.The time of doing paperwork in real estate India is gone, leading to fewer discrepancies and money laundering. Clicbrics is aiming to reinvent the real estate buying and selling process. So, with the help of Clicworth, powered by an AI system and exclusive data, anyone can check the market value of any real estate without the intervention of fraud real estate agents.  Also read: <a href="https://www.clicbrics.com/blog/buy-property-without-broker" target="_blank">How can You Buy Property Without a Broker?</a>

Are you planning on buying real estate, India? There's a lot of information on the internet. You can even use it to search for real estate frauds and scams. Read this article to understand how Clicbrics can help you.

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No More Real Estate Frauds! Check How Clicbrics Minimizes the Chance of You Being Tricked!

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2 BHK apartment

ready to move flats

Ready To Move In Property

ready to move properties

top places to live

Apartments in Mumbai

Home Buyers in Mumbai

Flats in Mumbai

mumbai

Property in Mumbai

Real Estate in Mumbai

Mumbai is known as a city of dreams; no matter from which caste or financial category you belong, the city always welcomes everyone with open arms. It has captured people of all classes with its charm and liveliness. From iconic architecture to strikingly modern high rises, the city has managed to raise the level of properties in Mumbai to the next level. This is why it is not difficult to find the best place to live in Mumbai. We bring you the 7 affordable apartments to live in Mumbai based on your budget.  <h2>1. <a href="https://www.clicbrics.com/pcpl-navchandrakunj-chs-mumbai" target="_blank">PCPL Navchandrakunj CHS</a>  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804073629_PCPL Navchandrakunj CHS.webp" alt="apartments to live in mumbai"/> A ready-to-move residential project in Mumbai is now available. The property offers a spacious and ventilated 2 BHK apartment in Goregaon West, Mumbai Suburbs, Mumbai. The ready-to-move-in apartment comes with modern amenities like a treated water supply, landscaped garden, children's play area, elevator, good parking space, park, fire fighting system, etc. There are 20 units, out of which 2 units are currently available. The average quoted price ranges from Rs 2.49 Crore to Rs 2.77 Crore. If you wish to know the accurate price get in touch with Clicbrics. And not to worry about scams, as the PCPL Navchandrakunj CHS is RERA Registered P51800016377 property. <h2>2. <a href="https://www.clicbrics.com/devleela-ashara-mumbai" target="_blank">Devleela Ashara</a>  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804049762_Devleela Ashara.webp" alt="affordable apartments in mumbai"/> The best place to live in Mumbai for a middle-class family is the apartments offered by Devleela Ashara. This ready-to-move residential project in Mumbai is RERA registered P51800005938. It is equipped with modern amenities like 24/7 Security, park, fire safety, indoor games, landscaped garden, lawn, parking space, rainwater harvesting, sewage treatment, etc. The 3 BHK super area starts from 557 sqft. The average base price starts from Rs 17,643 sq/ft. Whereas to know the accurate prices of 2-3HK apartments in Mumbai offered by Devleela Ashara, visit Clicbrics today!<h2>3. <a href="https://www.clicbrics.com/manraj-enclave-mumbai" target="_blank">Manraj Enclave</a>  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804061363_Manraj Enclave.webp" alt="property in mumbai"/> Manraj and Company present Manraj Enclave, the ready-to-move residential project in Mumbai is RERA registered P518000012287. The project offers 1 and 2 BHK apartments which are spacious and well ventilated. The project comes along with some super amazing amenities like 24/7 Security, a Children's Play Area, Fire Safety, a Garden, and a Lawn. Out of 33 units, 24 units are already sold. The 1 BHK super area starts from 372 sqft. The exciting features and affordability are the contributing factors that make people grabbing their hands-on residential apartments. The last sold price of 240 sq ft was Rs 50 Lakh on March 22. If you wish to know Manraj Enclave apartments prices get in touch with Clicbrics today!<h2>4. <a href="https://www.clicbrics.com/subha-heritage-mumbai" target="_blank">Subha Heritage</a>  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804079996_Subha Heritage.webp" alt="flats in mumbai"/> The ready-to-move residential project in Mumbai offers spacious and fully ventilated apartments situated in Powai, Mumbai Suburbs Mumbai. The project is available in 1,2 and 3 BHK apartments based on preference. The RERA registered P51800001807 projects have many amazing amenities to offer like 24/7 Security, CCTV, Children's Playground, Fire Safety, Gym, Indoor Games, and Power Backup. The project is made for people belonging to any financial category, like a 2 BHK apartment whose super area starts from 437 sq ft and has a base price of Rs 27447. For BHK-based quoted price and base price of Subha Heritage, visit Clicbrics. <h2>5. <a href="https://www.clicbrics.com/mayfair-marve-queen-mumbai" target="_blank">Mayfair Marve Queen</a>  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804068262_Mayfair Marve Queen.webp" alt="ready to move in flats"/> People living in Malad are very well aware of the Mayfair Marve Queen. The project, completed in 2006, is spread over 0.5 acres and is well suited for people looking for a place to live alone. The 1 BHK ready-to-move residential project in Mumbai has a super area which starts from 525 sq ft and offers spacious balcony space, kitchen and bathroom. In addition, the apartment will come along with a plethora of amenities like CCTV, Gated Community, Surveillance, 24/7 Security, Power Backup, Elevator, Garden, Fire Alarm, Treated Water Supply, Sewage Treatment, Park, Rainwater Harvesting, and ample Parking Space. Mayfair Marve Queen has 8 floors where a simple 1 BHK base price starts from Rs 9600/sqft and is available on an EMI starting from Rs 34.61K. <h2>6. <a href="https://www.clicbrics.com/yaksh-residency-thane" target="_blank">Yaksh Residency</a> </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804101070_Yaksh Residency.webp" alt="real estate mumbai"/> If you are looking for an affordable 1 BHK near or around Navi Mumbai, Thane, then Yaksh Residency would be considered the best option for you. The super area of this ready-to-move residential project in Mumbai is 147 sq ft. The base price of the apartment starts from Rs 5320, and quoted price ranges from Rs 7.82 Lakh - to 16.07 Lakh. The residency has plenty of amenities like a Treated Water Supply, Landscaped Garden, a Children's Play Area, an Elevator, Parking, a Park, and a Fire Safety System. Yaksh Residency is RERA registered P51700002107. <h2>7. <a href="https://www.clicbrics.com/maash-dz-city-building-no-1-thane" target="_blank">Maash DZ City Building No. 1</a> </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655804056421_Maash DZ City Building No. 1.webp" alt="residential property in mumbai"/> Another one in Thane is Maash DZ City Building No 1 by Maash Construction. Like Yaksh Residency, Maash DZ City Building No 1 is also considered affordable and is best-suitable for families seeking 1 BHK accommodation in Thane, Mumbai. If you are interested in the property but unsure so as to when to buy, well then good news! The  project is currently under construction and is expected to be completed by May 2026. The super area of this project is 439 sqft, and the base price is expected to start from approximately Rs 6002. To know more about the completion date along with the accurate pricing, get in touch with Clicbrics today. Mumbai is a place where there are plenty of options to find the best place to live. Moreover, Mumbai is well known to be safer than any other cities in India. Women are safe to venture in the wee hours, and taxis are also available at night because the city never sleeps. So, if you are looking for residential <a href="https://www.clicbrics.com/property-in-mumbai" target="_blank">property in Mumbai</a>, you will have plenty of options to choose from, and as we said, Mumbai will welcome you with open arms!  Also read: <a href="https://www.clicbrics.com/blog/how-to-check-the-price-of-your-property-in-mumbai" target="_blank">How to check the price of your property in Mumbai</a>

Are you looking for a place to live in Mumbai? We bring you 7 affordable apartments to live in Mumbai based on your budget. We help you find the perfect place to live in Mumbai based on your needs.

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apartments-to-live-in-mumbai

7 Affordable Apartments to Live in Mumbai

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Home insurance

Home Insurance policy

Insurance

Home Insurance Plan

Home Insurance Plan Eligibility Criteria

Millions of people wish to have a place they can address as 'home.' Many become successful in building it, and some struggle. If you got successful in buying your home, your job doesn't end there and then but actually starts! Confused? Well, who do you think will protect your home at the time of damage done by calamities, theft, fire, or anything for that matter? Being a homeowner is not easy but what's wise is to know how to secure your home so that it provides shelter to you for life. A home insurance plan is a policy that helps in covering the costs and damages that occurred to your house. A home insurance plan safeguards your property against unknown mishaps and potential risks. To know more about it, continue reading this article and understand the eligibility criteria for a home insurance plan. <h2>Why Do You Need a Home Insurance Plan? </h2>Losses to man-made problems like riots, thefts, vandalism, property destruction, etc., or natural calamities like earthquakes, windstorms, hail, lightning, etc., can lead to huge financial losses. In order to protect your property from such unforeseen incidents, you need a <a href="https://www.clicbrics.com/blog/types-of-home-insurance-in-india" target="_blank">home insurance plan</a>. However, the policies may differ in what coverage they provide, so it's better to know what coverage is offered under the home insurance plan and what is excluded. <h3>Coverage is offered under Home Insurance Plan </h3>Home insurance plans cover various damages; for example- the damage done by electric wire or structure damage, broken doors/floors/walls, water pipelines, etc. So, home insurance just doesn't take care of your house but also covers the loss done to the contents of the house. To clear out the confusion, it can be broadly divided into the following kinds of costs on the insured property as below-<ul><li dir="ltr" style="color: #0e101a;background-color: transparent;">Interior and exterior damage costs</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Damage that is done to personal assets and other belongings from a house</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Physical injuries when incurred while on the damaged property are also covered. </li></ul>Not to forget that the home insurance policies differ based on residence type (rented/owned). Other factors like place of residence, replacement cost, and location also affect the home insurance plan. So, it depends upon what kind of ‘coverage cost’ a person would opt for. You are also given an option about the amount of premium and deductible. (One is required to pay a deductible before claiming if the premium falls short, and when the deductible is high, the premium becomes less). <h3>Exclusions  </h3>Although home insurance plans cover man-made and natural calamities, a few accidents are still not covered. For example-<ul><li dir="ltr" style="color: #0e101a;background-color: transparent;">You can't receive coverage for damages done intentionally, damages performed in negligence, at the time of war, or acts of God. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Some provide damage done by earthquakes and floods, and some don't. So, basically, it depends on which service providers you are approaching and how they will customize policies for disasters. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Damage occurred because of zero maintenance and negligence. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Smoke arising from industrial or agricultural operations is not covered for fire. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Damages done intentionally, like a collision of your vehicle with others, will not be taken care of under home insurance plans. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Damages done under the Ordinance of Law, i.e., Court's order, will not be covered.</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">Damages due to war hazards also are not covered by home insurance plans. </li></ul><h2>Benefits of Having a Home Insurance Policy  </h2>There are certain things that are not in our hands. Surely spending money to recover a loss isn't a treat either. So, by now, you must know that apart from covering financial loss, certain other things are covered by home insurance plans, as discussed above. In a similar manner, to have a better clear perspective, it would be wise for us to know what <a href="https://www.clicbrics.com/blog/advantages-and-disadvantages-of-home-insurance" target="_blank">benefits home insurance plans</a> offer us. So following benefits you will get to enjoy once you take home your insurance policy-<ul><li dir="ltr" style="color: #000000;background-color: transparent;">You can get help for damage control due to unfortunate events. </li><li dir="ltr" style="color: #000000;background-color: transparent;">You can also get third-party insurance, where the damage done by the third party is covered in insurance without including you in any legal proceedings. </li><li dir="ltr" style="color: #000000;background-color: transparent;">Home insurance also covers extensions of your house, like a garage, shed, and compound. </li><li dir="ltr" style="color: #000000;background-color: transparent;">Depending on your policy, you can customize and add protection to your furniture, electronics, and home appliances. </li><li dir="ltr" style="color: #000000;background-color: transparent;">Home insurance also has your back at the time of the theft, offering coverage against theft. </li><li dir="ltr" style="color: #000000;background-color: transparent;">You will observe that many insurers are offering policies at competitive premium rates. It can be the best deal considering when you look at the coverage that you get in return. </li></ul>Among the benefits mentioned above, there is one more benefit! A home insurance plan will give you a certain amount of peace of mind, which, compared to other benefits, is priceless! We are pretty sure reading the benefits intrigued you, which is why you wish to know whether or not you can avail of the <a href="https://www.clicbrics.com/blog/4-points-that-are-covered-in-homeowner-insurance" target="_blank">home insurance plan</a>. Certain eligibility criteria exist to meet when opting for a home insurance plan. <h2>Eligibility Criteria for Buying a Home Insurance Plan  </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655803113264_Eligibility Criteria for buying a home insurance plan.webp" alt="home loan insurance eligibility criteria"/> It is to keep in mind that the home insurance policy eligibility varies from company to company. Nevertheless, there are certain eligibility criteria we have mentioned below-<ul><li dir="ltr" style="color: #0e101a;background-color: transparent;">You can buy home insurance if you are a homeowner. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">You can have home insurance if you <a href="https://www.clicbrics.com/blog/demand-for-rental-property" target="_blank">live on rent</a> and wish to secure valuable possessions. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">If you live in a society, any authorized community member has the right to buy home insurance.</li><li dir="ltr" style="color: #0e101a;background-color: transparent;">The minimum age to buy home insurance is 18 years, and the maximum is 60 years. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">A kutcha house, plot, land, or home under construction cannot be insured. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">You will stand a chance of getting disqualified if your credit history is poor. </li><li dir="ltr" style="color: #0e101a;background-color: transparent;">The insurance company will consider proximity to the forest or sea area. So the geographic location will also be considered when looking to qualify for a home insurance plan. </li></ul>As house owners, it's your responsibility to check insurance plans online and compare them before buying. The policy must suit your purpose before you get to purchase one.  Also read: <a href="https://www.clicbrics.com/blog/home-loan-insurance-a-simple-way-to-protect-your-home-loan" target="_blank">Home Loan Insurance- A Simple Way to Protect Your Home Loan</a>

The eligibility criteria for a Home insurance plan is defined by the insurer on the basis of the information provided by the applicant. Read this article, to know more about the eligibility criteria and benefits for a Home insurance plan.

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What are the Eligibility Criteria for a Home Insurance Plan?

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Real Estate and ESG

ESG is an acronym that is used for ‘Environmental, Social, and Governance’ and is increasingly becoming a significant topic of discussion for businesses. As experienced by the world, several severe weather-related concerns force organisations to monitor property vulnerability and provide strength to manage the risks involved and diminish the effects of climate change. The social responsibility of any organisation draws attention to people. When governed in the right manner, management has the liberty to implement its policies and goals for its ESG program. This is one of the reasons why real estate organisations have increased responsibilities for climate risk due diligence and develop initiatives so as to govern ESG policies. All of this has led investors to factor in the organisation’s ESG policies. It is because the decision-making process of many investors and lenders has changed and is now based on ESG, as they want to ensure that the business is being developed based on sustainable plans to fight the effects of climate change. Making this happen will also reduce costs, <a href="https://www.clicbrics.com/blog/types-of-tenancy-agreements-in-india" target="_blank">attract more tenants</a>, retain talent, monitor and report goals, and create ways to support the community. If this information excites you, but you still are unclear about ESG, don't fret! This blog will help you cover what exactly ESG is and how it influences investors’ decision-making processes within the <a href="https://www.clicbrics.com/blog/rising-interest-rate-for-the-real-estate-sector" target="_blank">real estate sector</a>. <h2>What is ESG? </h2><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655796314501_What is ESG.webp" alt="what is esg"/> Environmental, Social, and Governance are the nonfinancial factors that investors and lenders use to check an organisation’s sustainability. In layman’s terms, environmental factors consider how an organisation safeguards the environment; social factors represent how relationships among employees, suppliers, and customers are managed and operated. Last, the governance factor is based on how an organisation deals with leadership, audits internal control, and shareholder rights. Let’s understand the concept a little better-<h3>1. Environment  </h3><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655796288042_ENVIRONMENT.webp" alt="real estate"/> The environmental aspect of ESG personifies the responsibilities covered by management for assigning each property’s vulnerabilities and durability concerning climate change and researching the environmental impact of operating its properties. When management reviews the building portfolio, it is the role of management to check where the building is lacking and its resistance to natural calamities. It is a way of safeguarding the environment and community. Management can also keep track of the environment related to property development. Like the amount of energy used, what is the expected water contamination, how much waste is generated, which recycling initiative has been implemented on a project, etc. It ensures that the organisation is proactively working towards eliminating risk, assuring the right protocols, and saving money. Businesses are currently developing ESG plans by performing property vulnerability and resilience assessments and tracking physical risk.  <h3>2. Social  </h3><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655796304586_SOCIAL.webp" alt="real estate india"/> The social aspect under ESG policies ensures trust, attracts talents, retains employees, and secures expensive mishaps while meeting the needs of the people. Employees are now demanding ESG services to experience better working conditions. In the case of the real estate sector, tenants are considering organisations that are based on ESG initiatives as they require high-performing rent spaces from socially responsible organisations. It is the reason why many organisations have taken ESG policies to promote progress in sustainability efforts and are also seeking feedback from tenants. The basic desire of any tenant is to have affordable and accessible space with quality access to amenities from the property. It is advisable for management to comprehend the opinion of tenants to attract retention and gain profit from it. With the help of ESG, the stakeholders are getting approvals and licences easily, which is helping in expanding the existing market. <h3>3. Governance  </h3><img src="https://storage.googleapis.com/redbrics-prod-backend.appspot.com/blog/images/_1655796294875_GOVERNANCE.webp" alt="environment social governance"/> The governance aspect under ESG ensures that the organisation uses accurate and transparent accounting criteria. In order to avoid conflict of interest, many investors require assurance. In addition, <a href="https://www.clicbrics.com/blog/top-5-proptech-startups-that-are-changing-the-way-you-invest-in-real-estate" target="_blank">proptech-based organisations</a> are determined if environmental opportunities prevail and qualify standardised resource consumption to maintain secure and valuable real estate. <h2>ESG and Real Estate  </h2>ESG is gaining quite the attention of the investors; it is because ESG is currently shaping and influencing the real estate industry. Since awareness is currently prevailing in the real estate sector, it can create a social impact by attributing the value of existing real estate, affordable accommodation, social housing, and care centres. Or can also focus on environmental investment in the form of <a href="https://www.clicbrics.com/blog/why-green-buildings-are-a-need-and-not-an-option-anymore" target="_blank">green buildings</a>. Infrastructure is a part of ESG which means there will be the construction of more sustainable buildings that will include eco-friendly materials, modern technology, heating, and ventilation. Doing this part will not only boost the return on investment but also improve investment performance, which is why the government is taking several initiatives to improve the carbon footprint of the cities and emissions reduction. Not only developed but many underdeveloped countries are talked into implementing efficient ESG-based infrastructure systems. It will provide access to basic resources like water and electricity to people. However, community opposition is observed in some urban areas where there is a lack of ESG consideration, which is costing delays and changes in the projects.  When we talk about India, the country is said to have huge development potential. Also, the country holds huge opportunities for real estate projects that sustain ESG values. The <a href="https://www.clicbrics.com/blog/what-does-the-union-budget-2022-mean-for-real-estate-in-india" target="_blank" style="text-align: justify;">Union Budget 2022</a> can be considered a shred of evidence that the country is en route to creating a sustainable built environment.  Also read: <a href="https://www.clicbrics.com/blog/green-home-benefit" target="_blank">Top 6 Points Why Green Home Will Benefit You Greatly!</a>

This blog offers a brief introduction to the concept of ESG and its relevance to real estate investing. If you're looking to understand more about ESG, this is the place to be. Read more here.

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Real Estate and ESG: Is It a High Time to Adapt To It?

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