Every Drop Counts! Save Water

Experts say that “Future wars will be fought over water”. With World Water Day, being celebrated across the world on this March Month, let us all take a oath to save water at our home, city, since we never know the worth of water till the well is dry.

As we all know, 2/3^rd of the earth’s surface is surrounded by water. However, only small portion of this is safe to drink. Furthermore, the available usable water is not meeting the needs of growing population. So, taking essential steps to save water is best advisable.

Rainwater harvesting: Owning to rapid development of real estate in major cities, the demand for water is increasing. Executing rainwater harvesting in flats in Chennai is the only real solution to overcome this problem. This technique is very simple, it involves collecting, filtering and storing rainwater from roofs into storage tanks in the ground. According to the MD of Marutham Group, “we always work on future requirements, so we installed rainwater harvesting in all our projects that meet about 50% of household needs. The saved water is used for the purpose of 

·        Household and vehicle cleaning

·        Flushing toilets

·        Watering plants in garden

Rainwater harvesting is fairly easy to install in every apartments for sale in Chennai. Gutters installation is the first step for any building, along with a filtration system to make sure that dust or any kind of debris doesn’t enter into storage tank.

Government’s plan to save Water

Some cities that are selected for the government’s smart cities mission are expected to strengthen their water level, in a motive to achieve 24/7 water supply. This is likely to be achieved by including: 

·        Waste water recycling

·        Source augmentation

·        Sensors to detect leakages in sewer systems

Other metros too, have adopted different approaches to conserve water. Some owners of Flats for sale in Chennai are exploring new water sources, using desalination plants.

How to save water at your Home? I have pointed out some simple measures to save water at home. Choose the right bathroom fittings; repair the leaking faucets and close the taps properly are some of the biggest and effective ways to avoid wastage of water in our apartments in Chennai. 

2016 Financial Budget focuses on Affordable Segment in Housing Market

Though the union budget 2016 has focused on infrastructure and agriculture, even real estate market has gained benefits. Before the budget, if anyone wants to buy flats for sale in Chennai, they used to wait till price reduction since options in affordable housing segment remains limited. This year, the budget is focused on low-cost housing and many attractive steps are taken. For first-time buyers, an increased tax exemption of Rs.50,000 on housing loan can help a lot.

 Although prospective buyers looking for Apartments in Chennai are feeling happy for the recent budget announcement, doubts remain on what short-term benefits would be. Over long term, the budget is likely to show improvement in the buyer’s decision. As per expert’s explanation, the government is also taking steps by focusing on the mission ‘Housing for All’. Most first-time buyers’ focus on affordable flats in Chennai and therefore, the recent budget announcement is giving way to achieve this mission. There are many people who feel that the finance minister could have done more. The demand for housing sector in mid-income segment, is high. Furthermore, the tax collected from apartments in Chennai by the government is 10-15%. Hence, the budget could have provided some relief for people in service tax for houses.

Although the government did not reduce spending, the budget created a strong message of fiscal management, by not increasing fiscal deficit targets. Additionally, the government also announced the implementation of a single-window system, incentives like higher FSI for affordable housing projects and infrastructure status for affordable housing projects. The budget has provided many offers for affordable apartments for sale in Chennai that benefit both builders and buyers such as;

• Lower interest rates
• Infrastructure development in secondary areas would invite more affordable housing
• Single-window clearance system gives way for quick project approval.
• Greater availability of land for developing flats in Chennai, especially in developed regions.