Real Estate : Investment in Building Materials
CategoriesReal Estate

How Is Boost In Real Estate Industry Increasing Investment in Building Material?

Today, the real estate industry jumped to $492 million according to a report in 2022. The initiative focuses on building sustainable buildings which are aesthetically pleasing and functional. One of the architectural materials that have fascinated the modern real estate industry is the Aluminium Composite Panel. The panels add a stylish and contemporary touch to buildings along with providing the required stability.

ACPs : Why do Builders Choose Them?

Paints are more of an old-school tradition in today’s fast-paced growth of residential towers and sky scapers. Paint can not sustain the quality over years, and no matter which premium quality one purchase, it would wash off in a few years after coming in contact with rain and environmental pollution. 

To curb the challenges of acrylic paint, ACP sheet was introduced in the early 2000s by architects who were already working in Dubai. The benefits amazed modern builders, and steeply became popular building materials for exterior and interior facades. 

Advantages of Aluminium Composite Panel

The ACP panels are made of aluminium, with a thermoplastic core, along with PVDF/FEVE coating that meets a wide range of demands put up by architects and builders, for high-rise construction projects. Here is a list of some of the advantages that make the panel essential for new-age construction:

Time-Efficient Installation

One of the benefits of choosing an Aluminium Composite Panel is the process of installation is time-efficient. The panels are added over the walls, by adding a metal frame on which panels are added with the help of rivets and nuts. 

Tools such as manual and automatic router help in shaping the panel in numerous sizes, and shapes making it easy to install in different locations of the building. 

Uniform Temperature Control

Today, residential towers are 40, 60, and even more than 60 stories, which makes them prone to climate change, as the temperature on the ground floor differs a lot from one of the topmost floors. The addition of ACP sheets helps in keeping a uniform temperature, as the panel traps the heat inside, making it appropriate for winter and summer. 

Highly Resistance And Excellent Price

If you are a builder, price is one of the major factors for consideration during the selection of building materials. ACP Panels are highly resistant to damage, this building material hardly needs maintenance, and can last long up to 50 years if installed properly. The lower maintenance and tough-to-damage material add to the overall cost, making it fundamentally more reasonable than other composite materials like HPL, or fiber panels. 

Aesthetically Pleasing

Today real estate market is mostly constructed for delivering the needs of commercial and residential purposes. So, if the building is pleasing to look at, it will not only adds aesthetic value but also reflects the company’s value.

Real estate marketers and flat buyers value a building that has eye-pleasing interior and exterior design. Be it a 3-D design, CNC cut, or matt look, ACP sheet designs are vibrant and versatile, allowing the builders to show the consumer, the cost of the building is worthy of investment. 

Final Thought

The real estate market in metro cities and tier-1, Tier-II cities is in a boom, as more and more people are investing in a dream home, builders are cautiously choosing the right building material. In the blog, we have mentioned the growing need for ACP sheets, and why most builders are incorporating modern high-rise buildings. A facade that gives timeless beauty is beneficial for modern real estate investments. Check out some of the best real estate investment opportunities at PropShala, where you can find the best flats to buy.

Read More: Feeling Torn Between Investing And Not Investing In Real Estate During The COVID Times? No worries

Commercial Vs. Residential Property Investment
CategoriesProperty Investment, Real Estate

Commercial Vs. Residential Property Investment: Which One Will Fetch You Pore Profit?

Investors seeking to diversify their investments away from stocks and bonds to supplement their incomes should consider real estate in Kolkata as a potential option.

As a result of volatility in the real estate market, you might be contemplating as to which is a more profitable investment: residential properties or commercial properties.

So, to clear the air, we have explained the benefits and challenges of each type of investment.

Commercial vs. Residential Property: Where Should You Invest?
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Benefits of Investing in Residential Properties

A larger pool of prospective renters and buyers – Since everyone needs a place to live, it is far easier to attract residential tenants. Therefore, the high demand for residential property is an excellent investment opportunity for real estate investors.

Lower tenant turnover rate: As a residential real estate investor, you will not be burdened with the problem of vacancies and finding tenants now and then. Moreover, if you focus on acquiring long-term tenants, you can rest be assured that they will treat the property as their own home.

Performs better in economic downturns – When the market crashes, businesses are the first to suffer the repercussions. Hence, it is much easier to overcome economic downturns with residential properties than with commercial retail spaces. This is because, irrespective of the economic condition, people need a roof over their heads. Consequently, renters prioritize paying rent to have a place to live.

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Risks associated with Residential Investment 

Shorter lease tenure: Residential properties need to be leased annually, and the rental agreement usually cannot exceed 36 months. As a result, the vacancy risks are higher.

Lower return on investment: The rental income and the cash flow return for residential properties typically range between 3 to 5 percent. It is because businesses can afford to pay much higher rents than individuals.

Benefits of Investing in Commercial Properties 

Longer lease tenure: Long-term rentals can provide long-term stability without the hassles of changing tenants or finding new ones regularly. A commercial property lease typically lasts a lot longer than a residential lease, lasting anywhere from three to five years for a short-term lease and upwards of ten years for long-term leases. Thus, it assures the investor of a consistent cash flow.

Triple Net Leases: It requires that the property owner only pays the mortgage and shoulders no property maintenance expenses. The tenant is supposed to incur all the property related expenses, including the real estate taxes and utilities such as electricity, water, etc.

Qualified Tenants – The interest of the commercial tenants and property owners to maintain the integrity of the property is aligned. Tenants who neglect to upkeep the property will likely make their clients form a negative impression of the company. So, they become bound to respect the property.

Risks associated with Commercial Investment

Significant upfront investment: A building costs more than a single-family home. Commercial properties typically require a 25% down payment. Not to mention, commercial loans come with higher interest rates and requires the investors to have a concrete business plan and an impressive credit score.

Property value takes time to escalate – Commercial property values remain stable for extended periods, with an escalation possible only after every 3 to 5 years.

Final Words 

It is no small task to figure out whether to invest in a commercial or residential property. The decision will boil down to your risk tolerance, financial goals, the time factor, property potential, and access to liquid capital.

As with any other investment, you’ll need to consider your comfort level in this case as well.

You can reach out to us for a clearer vision.

Feeling torn between investing and not investing in real estate during the COVID times? No worries.
CategoriesReal Estate Property, Real Estate

Feeling Torn Between Investing And Not Investing In Real Estate During The COVID Times? No worries.

Ever since COVID-19 has laid its foot on the Indian soil, several sectors of the economy have suffered a big blow, including the real estate industry.

Pre-Covid, the commercial property market witnessed exponential growth. But the global pandemic has led to a change in the consumer behavior. The crisis has made people realize that the security of owning a home is much better than the uncertainties of a rented accommodation. 

So if you are a home buyer who is fence-sitting if it is the right time to invest or not, then let us tell you that there has never been a better time in history to invest in a real estate property in Kolkata or any other metropolis.

Let us walk you through some full-proof reasons that support our claim. 

1. Home loan interest rates are at their lowest – The RBI has benevolently lowered the repo rate to 4%, which has resulted in the home loan interest rate being the lowest in history. But if you are an aspiring homebuyer, ensure that your credit score is over 750-800 to avail of the best home loan rates and enjoy low EMIs throughout the loan tenure. 

2. The scenario favors the demand side – On account of loss of jobs, delay in perks and promotions, and salary cuts, the personal finances of many individuals are at stake. So one out of every three buyers has either dropped the home buying plan or kept it on hold. Due to this, a wide variety of real estate properties in Kolkata and other major cities are available across all localities. So, with higher LTVs (Loan-to-Value ratio), lower property prices, and cheaper credit availability, the situation feels like a Godsend gift for the homebuyers.

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3. Lucrative schemes by the supplier side – Multiple lockdowns have caused the laborers to abandon the construction sites and flee to their towns and villages. It has caused the developers of real estate in Kolkata to revise their payment schemes and release attractive offers, subvention schemes, and discounts to drive sales. Some developers are also offering free cancellation, refund booking amounts, and cashback offers to buyers who intend to purchase during the lockdown. So if you have good negotiation skills, who knows, you may secure an attractive deal on your dream home.

4. The unconditional support of the Government: The Government has been quick to announce schemes to revive the real estate market. The Government has empowered the affordable housing segment by extending the Credit Linked Subsidy Scheme (CLSS) for the middle-income group up to March 2021 and has also opened a new investment class in the form of an affordable rental accommodation scheme for the migrant workers and urban poor. The pandemic-induced reverse migration will act as an impetus for the developers to expand their residential projects in Tier-2 and Tier-3 cities. Furthermore, the PMAY and the Nijashree Scheme introduced by the joined efforts of the Central and the State Government of West Bengal have accentuated the value of the concept of affordable real estate properties in Kolkata for all. 

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The Final Verdict

With the Indian Government preparing for mass vaccination and the resumption of normalcy, the real estate market is expected to bounce back with renewed vigor.

We strongly believe that now is a good time to invest in real estate, irrespective of whether you want to acquire a new property for self-use or increasing your wealth in the long term. But keep in mind that real estate is not a get-rich-quick game. 

If you have the intent and liquidity to take a financial step, you must move forward cautiously.  No matter what type of investment property you decide to put your money on, you must never underestimate the expertise of an experienced and knowledgeable real estate consultant. You can turn to us at PropShala for any property-related questions, and we promise to answer them as quickly and accurately as humanly possible.

This Is How COVID-19 Has Impacted The Real Estate Market Of India
CategoriesReal Estate

This Is How COVID-19 Has Impacted The Real Estate Market Of India – A Must-Read

After the nation was hit by the first wave of COVID-19, just when it seemed that the revival of the real estate sector was not far, the country was hit by the second wave of Coronavirus in a more deadly form.

So, without delay, let us look at how COVID -19 has affected the scenario of Indian Real Estate.

The positive impact of COVID -19 on the Indian Real Estate Sector is

Home affordability has increased – While RBI has kept its repo rate unchanged at 4%, softening of home loan rates to as low as 6.65% annual interest has been a driving force to re-engage buyers in the real estate market. This is in contrast to the average home loan interest rate of 8% in January 2020, which is a big relief for existing buyers who have to cope with job loss and wage cuts yet manage their EMIs. Moreover, low property prices coupled with attractive offers from cash-strapped developers have helped boost demand for residential property.

Digital Adoption by Real Estate Industry – In an effort to recover from the blow of the pandemic, real estate agents have turned their attention away from traditional approaches and started using digital business strategies to market their properties or launch new projects. With no physical tours available during the lockdown, buyers are discovering new homes using virtual tours, drone footage, video calls, etc.

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The Negative Impact of COVID -19 at Indian Real Estate Sector is –

A near-stop situation for construction activities – With the imposition of international trade restrictions due to COVID -19, India’s availability of manufacturing materials and equipment has suffered a huge setback as China happens to be our nation’s main supplier. To make matters worse, workers from many under construction sites have returned to their hometowns. Both of these factors have negatively impacted the scheduled delivery of real estate projects, causing them to be delayed by at least 4 to 6 months. It has also increased the overall costs for the developers.

Reduced demand for business premises – With the intention of curbing the spread of Coronavirus infection, businesses had no choice but to announce remote working for practical and safety reasons. Thus, work-from-home culture became the new normal. But the concept of remote working has proved detrimental to the growth of office space rental companies, as businesses and co-working providers further shelved their expansion plans in the wake of the pandemic. It has been reported that net office space leasing has declined to about 35 lakh sq ft in Jan-Mar 2021 from about 70 lakh sq ft in the corresponding period of 2020.

What does the future look like for the Indian Real Estate in 2021?

It was expected that 2021 would be the year of recovery for Indian Real Estate Market. However, the recent lockdowns and restrictions on construction activities have forced investors to maintain a cautious mode. However, once the situation is under control and the rate of infection is brought down, the enthusiasm of buyers to own a flat/house will skyrocket as people have realized over time the importance of the sense of security that owning a house brings. But the pace of revival of the real estate sector will depend solely on how India deals with the second wave of the deadly pandemic.

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Final reflection

There is no denying the fact that COVID -19 has adversely affected numerous sectors of the economy, including the Indian real estate market.

However, if you are a financially stable investor, you should take advantage of the recently lowered interest rates on home loans to make a valuable investment in a real estate property in Kolkata.

Right Builder
CategoriesReal Estate, Buying Guides

How To Choose The Right Builder For Your Home?


A good chunk of your savings will go into the property you invest in. You place your trust in the builder for transforming the property into your dream home.
Knowing this is enough to know how important it is to choose the right and the most-reliable builder who will suit your needs.

There are various builders in Kolkata, so the following points are guidelines for choosing the right builder for your home.


The number of projects handled by the builder is an important factor to consider while choosing the right one for your home. Not just that, an experienced builder will have enough knowledge about the industry and the evolving architecture.

Prior Successes:

If a builder has been in the market, has consistently performed and has good reviews, one can be rest-assured that they are offering good quality service.

Ongoing projects:

If they have a lot of projects in hand, it speaks of their efficiency, but it will also tell you if they have enough time and resources to take up a new client.

Testimonials of the existing customers:

Getting reviews from existing customers will help you get perspective on the builder’s work. From the work they do to how sustained their work can be.


Look into the license of the builder, their authenticity and certification. Alongside, it is always advisable to know about any litigations or legal embroilments of the builder.

Banks collaborations:

Most builders tie up with banks for offering services like home loans. Projects approved by banks, especially Nationalised Banks are comparatively more reliable.


The estimated budget provided by the builder will be based on historical hard costs and the prevailing market prices. Make sure, the estimation is thorough and there are no loopholes in it. It says a lot about how trusted they can be.


How open to changes in design are they, what does the process look like and how much additional charges will they add to the budget. If your builder is too rigid and does not give proper attention to your needs, the collaboration is bound to fail.

Planning and Architecture:

A builder who has a portfolio of diverse projects, in terms of aesthetics and architecture will have the upper hand. Look into the spatial planning of the existing and proposed projects to ascertain what they have to offer.

Quality checking:

Your builder must maintain time schedules and keep a check on the quality and progress of work, make sure you know how involved your builder is. Make sure you have access to quality checking guidelines, regular updates on the progress of the construction of your home.

Post-Service Terms:

A well-planned and well-built home should ideally come with a post-occupation service system. Maintenance of the amenities for a fixed period must be a part of the contractual agreement made by builders.

Also Read: Tips For First Time Home Buyers In Kolkata

You are probably looking for the right balance of low prices and high quality while hiring a builder. It might be a taxing process, but PropShala does its best to provide options for you to choose the best fit.

Real Estate Investment In Kolkata
CategoriesReal Estate

Real Estate Investment In Kolkata- Why And How To Invest

The words Real Estate Investment can’t just be used in a passing conversation. Nor, does it sound like something people would deliberately want to chat about. It comes with a sense of load that none of us is willingly to take.

However, be assured it isn’t as daunting as it sounds. By the end of this reading, you will know what is real estate investing and how to invest in it.

It is said that the rate of property appreciation is on a rise, that is beneficial is you are looking at refurbish, reselling or renting. And if you are not, PropShala lists the most lucrative opportunities out of all Real Estate Properties in Kolkata for you to choose from.

Sound decision making will help you invest in what is best for your requirements. You can find all the required information pertaining to a property in Kolkata on our listings, however, to double-check follow the below-mentioned process and invest in what is best for you!

Why Invest in Real Estate-

  1. Extra earnings in the form of Rental Income- Would you ever say no to an opportunity to increase your earnings ethically? Property value increases over time so the value you rent it out for will be more than what you had invested initially. The difference is your extra earnings.

  2. Value appreciation and profitability- Value of land and property tends to increase over time and with a good investment the scope to profit increases.
  3. Tax Benefits- Numerous tax benefits and deductions are provided by the government for you to cope with during Real Estate Investment and even after that.
  4. Leverage- You get the house upon paying a certain percentage of the entire amount, called the down payment. The life of payment thereafter is stretched and you get that benefit along with getting a house.
  5. A home to call your own!

How to invest in Real Estate Properties in Kolkata-

  1. Identity where you stand financially- It is a one-time costly investment so you don’t just have to know your current affordability but also analyse where you might stand in the future. Make sure you have a good credit score or works towards upscaling it. More customer-friendly lending processes and government benefits will assist you here.
  2. Depending on step 1, choose your investment strategy- Be clear on the purpose of your purchase. Your strategy needs to be an educated pick. Evaluate all related circumstantial factors before boiling down to one. Know what is valuable for you because requirements are quite subjective.
  3. Property Selection- You need to perform prior research to ascertain a suitable locality for buying property. Your research must consider factors such as Price, Locality, Specifications of a property among others. Availability of transportation, amenities in the vicinity, like schools, hospitals, shops have an influence on the worth of the property and should also be considered while making investing decisions.
  4. Be conversant with your Agent- Know before you own. We trust the properties listed on PropShala as well as its listers, find answers for all your property-related questions.
  5. Create maximum utility of your investment- Value of a property appreciates with time and can you maximum returns if kept in good shape. Remember to treat it as an investment and not an expenditure.

Also Read: Highlighting The Important Things To Remember Before Buying A Property

Real Estate Investment in Kolkata is generally a lucrative venture, however, it is not always risk free. Legal hurdles and disputes are common in India.

That being said, considering the government’s motto of Housing for All and PropShala’s efforts towards getting you the best real estate property in Kolkata, we are sure you can find what you are looking for with us!

Impact of Union Budget 2021 on Real Estate
CategoriesReal Estate

Impact of Union Budget 2021 on Real Estate

People are talking about the rising stock prices owing to the Budget Announcement on February 1st, 2021. Additionally, no one has been able to stop talking of the impact that this budget is having and will have on India’s financial front.

If you are looking for updates on the announcements made pertaining to the Real Estate sector, we’ve got you covered!

The government of India stressed on its vision of ‘Housing for All’ while presenting the Union Budget for 2021.

The key Takeaways from the Budget were –

To help Real Estate Properties, our Finance Minister, Smt. Nirmala Sitharaman has announced that the additional deduction of interest, pertaining to 1.5 lakhs on purchase of real estate property shall be available till 31st March 2022. Further to promote Real Estate Property Sales, affordable housing projects can avail a tax holiday for another year till 31st March 2022.

If you are planning to look for a Real Estate Property for Sale this is the best time for you! Infact, PropShala’s range of listed properties in different locations in Kolkata that too on customer-friendly terms is your destination!

The Union Budget also indicates the government’s commitment towards providing Affordable Rental Housing for migrant workers. Not just that, the Union Budget also proposes to allow tax exemption for notified affordable rental housing projects. These measures are a way forward to help in enhancing the business of Real Estate Properties for Sale.

The incentives proposed by the government are said to lead to an increase in buyers of real estate properties in lieu of affordable housing, especially because there is an increasing trend in people wanting to secure their lives by owning a home.

Moreover, more awareness has led to more people coming to terms with seeing owning a house as an investment with a great prospect for gaining returns. As property value keeps increasing, people also have the choice to sell it at a higher rate and gain profits from sale.

The reforms related to other sectors such as infrastructure will also assist in growing the business of Real Estate Properties available for sale. Both residential and commercial housing projects will sense a boost.

While the steps taken to create new employment opportunities and impart affordable housing are a welcome effort towards making the realty business profitable and will also assist in driving more businessman and customers towards the sector, there are a few suggestions that industry leaders have for further improvement.

One consisted demand is for the government to relax income tax norms, by pushing more reforms in GST. Easing liquidity, is another sought after reform. This can be done by increasing credit off-take from banks. While there are reliefs for people buying their first homes, similar tax reliefs on a second home will stimulate the sector and benefit in faster sale of real estate properties.

The real estate sector will flourish with lower home loan interest rates, reduced stamp duty and diminished registration charges. These have a direct impact on the cost of a real estate property thus affecting its sales greatly. It is also believed that the real estate sector should be imparted industry status by the government, considering its contributions and its future prospects.

Self-reliance is a vision which will be closer to being manifested soon when the reforms announced are implemented carefully and more such progressive reforms are introduced.