Faqs
Although building a home is more difficult than buying one, you can choose to do so. As a result, planning is essential before beginning construction on a house. The steps in building a house are as follows:- -soil analysis -Engaging a contractor -Create a budget. -Seek approval (from Development Authority) -Verify the development
Knowing how much you're going to spend is always a good idea. The price and charges depend on various elements, including designing, labor costs, equipment used, material selected, interior cost, and finishing cost. It will cost you more the more complicated your structure is.
Once you've made the decision to build a house, it's time to consider your space needs. A house is made up of a living room, or the main room, which connects to other rooms like bedrooms. For convenience and privacy, bathrooms are located near bedrooms. The bathrooms and kitchen both have good ventilation to allow for adequate airflow. Kitchens typically have enough space for two people to work together and are attached to dining rooms.
Site preparations include clearing the area or the land, such as clearing plantations from the land, as any debris left behind by a plantation could encourage new growth that could harm the structure. Grading is the process of clearing the land or plot and levelling it to the road level. Testing of the soil and the property's density are also included. Construction of a building or home's foundation involves carefully distributing the load and impeding soil movement at the ground level in order to preserve the stability and strength of the structure.
To achieve the desired result, the layout must be designed and put into practice. Rough work includes HVAC, plumbing, and electricity because these things can't be made without implementations. After all, if they are not used they may be forgotten or cause issues when the construction is finished.
The installation of doors and windows is crucial because they provide a specific function for homes, such as privacy, and they can cause a loss of energy or temperature. They may not fit properly, allowing air or water to escape, or they may crack, leading to serious problems down the road. The installation of the doors and windows comes last, but their frames are put in during construction so that they can be properly fitted later.
Equated Monthly Instalment is referred to by its acronym, EMI. Your mortgage the monthly payment you make toward your home loan in accordance with the amortization schedule is known as an EMI.
A chart that displays the following information is a home loan amortization schedule: -Unpaid balance prior to each EMI payment -The EMI payment amount -The contribution towards the principal repayment -The financial support for the interest component -The remaining loan balance after each EMI has been paid.
Every EMI pays back a portion of the principal (or the amount borrowed) as well as the interest owed on the outstanding principal. Over time, a different portion of each EMI is used to pay off principal and interest. The initial few EMIs make a larger contribution to interest payments and a smaller contribution to principal repayment. However, the later EMIs make a larger contribution to the principal repayment.
It is common knowledge that the initial EMIs contribute more toward interest payments than the principal balance. However, as the loan is repaid, subsequent EMIs make a greater contribution to principal repayment than previous EMIs did.
Your loan's balance is decreased when you make partial payments. In turn, this lowers the amount of interest owed. Even after you make a partial payment, your EMI stays the same, but how much of it is used to pay off the principal and interest varies. The portion of the EMI that is used to pay off the principal component grows. As a result, the loan is repaid sooner
The provisions under the Indian Income Tax Act, 1961*, allow Indian nationals to claim income tax relief on the payments made towards repayment of home loans. *Subject to Income Tax Act, 1961 and amendments thereto.
We assists our clients in the endorsement cycle through the stage-based Development Experts. Although we are not directly involved in the endorsement interaction, our partners make sure that the clients have a completely hassle-free experience.
With more than 390 quality checks, we have our very own QASCON Checklist. You can consult the website's quality section.
Not every home has a yard. Additionally, some homes only need compound walls on two or three sides. We make sure that only clients who choose a compound wall pay for it by removing the compound wall from the package.
Our software is created in a modular fashion. Therefore, making any specification change is as easy as adding or removing items from your shopping cart. On this, one of our technical consultants can demonstrate.
The first floor takes about 6 months to complete, and each additional floor takes an additional 1.5 months. The built-up area, location, design complexity, etc. all influence duration.
BUILD YOUR DREAM HOME aids clients in completing the necessary paperwork for the loan approval process. Additionally, we have partnered with a few banks and NBFCs to offer competitive interest rates.
If you want to have interior work done through BUILD YOUR DREAM HOME, there are different packages available. Additionally, we have our own team of professional interior designers to create stunning interiors at reasonable costs.
Our contracts' prices are fixed on a piece of stamp paper. Therefore, in the majority of scenarios, the prices are stable. The client is responsible for covering price variations only in exceptional circumstances where there is a sudden increase in prices brought on by outside factors. On the other hand, customers receive a price reduction for the same if there is a price drop.
The Super built-up area, Open area, Quality of Construction Material, and Interiors are the main factors that affect a home's construction cost. BUILD YOUR DREAM HOME offers a range of packages at various price points to meet your needs.
The total amount of interior space that can be used and covered with carpet is known as the carpet area. The area covered by internal walls is included in the carpet area but not the balcony or other utility spaces. The Super built-up area is the total built-up area plus the area used by communal spaces like the clubhouse, stairwells, elevators, and lobbys. A saleable area is another name for this.
Yes, you can purchase real estate in India. If so, then -A citizen of India: Indian citizen who regularly resides there and has an Indian passport is said to be a resident of India. The Government of India considers an Indian national who stays in India for more than 182 days in a year to be a resident Indian for all official purposes. -NRIs: Indian citizens with Indian passports who typically reside outside of India. A citizen of India who has immigrated to another nation is known as an NRI. Indian nationals who are absent from India for more than 182 days in a year are regarded by the Indian government as NRIs for all official purposes.
Any residential or commercial property in India may be purchased by an NRI, OCI, or PIO. However, they are unable to purchase farmland in India.
No permission is required.
An NRI, PIO, or OCI may purchase an unlimited number of properties in India. However, they are only permitted to sell two properties per fiscal year.
When purchasing a home in India, NRIs, PIOs, and OCIs are required to make their payments only from the options listed below: - NRE Accounts: are a special category of accounts for NRIs, also known as Non-Residential External Accounts. You can open this account with any Indian private or government-run bank. NRO Accounts: NRIs have a special type of account known as an NRO account, or Non Residential Ordinary account. You can open this account with any Indian private or government-run bank. Foreign Currency National Rupee Accounts, or FCNR Accounts, are a special type of account for NRIs. You can open this account with any Indian private or government-run bank. One may maintain an account in one of six different currencies: USD, GBP, EUR, JPY, CAD, and AUD. It is a type of fixed deposit account.
Yes, an NRI, PIO, or OCI may give residential or commercial property to a resident Indian NRI, PIO, or OCI with RBI approval.
Yes, the Reserve Bank of India has approved the sale of such property to the following categories: - Resident Indians; NRIs; PIOs; and OCIs; with RBI approval.
In the event that a property was purchased using foreign currency, such as through remittance through standard banking channels such as NRE/NRO FCNR/Wire Transfer accounts, the sale proceeds may be transferred out of India. The sums that must be repatriated must not be greater than what was paid for the property from the original source. The ability to credit the capital gain to the NRO account is available, but the repatriation of sale proceeds purchased with foreign currency is limited to no more than two residential properties in a block of one year. Again, in the event that the property was purchased using NRO funds, a sum not to exceed USD $1,000,000 may be remitted or repatriated from the account's balance each fiscal year, provided that tax obligations are met.
Yes, the appropriate Capital Gain Tax (Long Term/Short Term) will be attracted during repatriation.
It is acceptable to repatriate earnings from the rental of immovable property. The property may be rented out by an NRI, PIO, or OCI without the Reserve Bank of India's consent. Rent payments can be sent overseas or credited to an NRO/NRE account. The Authorized Dealers have been given the authority to permit the repatriation of current income, such as rent, interest, dividends, etc. An NRI, PIO, or OCI who does not maintain an NRE or NRO account may obtain the necessary certification from a chartered accountant stating that the proposed remittance is permissible and that all necessary taxes have been paid or provided for. It is crucial to stay up to date on the most recent changes because all of the mentioned terms and conditions involved in an NRI/PIO/OCI purchasing real estate are subject to change. You can access the following online link for the most recent information and in-depth descriptions of the NRI process.
OPROPO is a brand name owned by “Opropo horizons private Ltd” which is a reputable tech-driven home building company in Punjab, specializes in both new and custom home development.
When you choose to work with OPROPO to build the home of your dreams, you can rest assured that the entire process will run as smoothly as possible because we have a team of professionals who will do all the work according to your needs and preference. Also, we offer complete transparency, financial advising, legal services, Digital tracking, on-time delivery, etc. to make sure that you will be completely stress-free.
OPROPO’s professional staff collects data for a project using a combination of condition surveys, specialist investigations, validations, and reviews.
To request a quote or estimate for your project, you can fill out the contact form on our website or reach out to us directly via phone or email. Our team will promptly respond and guide you through the process.
Yes, we will obtain all permits and approvals which are necessary for construction projects. You just have to pay for the services.
No, because we ourselves build your home based on your budget, style of construction, location and scheduling. We ensure that you will be pleased with the quality and craftsmanship of your home.
From “Bhumi Pujan to Greh Pravesh” we offer all the services, such as: 1. Availability of Suitable Plots 2. Custom Home Design and Construction 3. Architectural and Interior Design Services 4. Renovations and Remodelling 5. Sustainable Building Practices 6. Vastu Consultation 7. Pre- Built Homes 8. Govt. Legal services 9. Financial Guidance etc.
Communication, communication, communication. Communicating with our clients makes everything easier. As a home builder, handling complications is an essential aspect of the job. We all know that building a home is a complex process and how the homeowner gets harassed in this process. So to make this process easier for you all, we are providing the facility of MOBILE APP, through which you can easily look up on your project updates anytime.
Yes, we understand that each client has unique preferences and requirements. Our design team works closely with you to customize the design according to your specific needs, ensuring that it reflects your vision and style.
Yes, Our Architectural services are available in PAN India.
You can make changes 3 times. The first happens after you’ve put down your deposit and our dedicated team customizes your home plan based on your initial home review. The second round occurs our project manager review the new plans and you decide on any additional changes. The third review comes after we’ve created a conceptual 3D interior walk-through of your plan that allows you to better see how it will look in real life. You’ll have the opportunity to make any final changes during this review and then you’ll sign off on it.
Our design team has created pre-designed packages featuring a variety of styles for you to decide on including from other packages. During the 3D walk-through you’ll get a real feel for how the finishes will look in your home and can finalize your choices then.
You can consult with our interior designer to completely customize every option in your home including lighting, plumbing fixtures, cabinets, countertops, flooring, and even the cabinet hardware.
In order to prevent delays and keep costs down, no changes are allowed after you sign off on your final plans and design selections. Just remember, at this point you’ll have had three design reviews where we’ve gone through every part of the design in detail.
Yes! These need to be included in your design reviews to ensure we’re calculating costs and creating the exact home plan for you. Please note: these additional amenities may add more time to your timeline since it involves our specialty vendors.
You’ll receive your floor plans/elevations without dimensions, survey, plot plan, and soil report. The full set of architectural and structural engineering plans and interior design spec sheet are the property of BUILD YOUR DREAM HOME and will not be released.
No. The only time your price could change during construction is if you request a change order or we need to activate the escalation clause. This is rare so you will be presented with options if any change in the cost occurs.
Once your home plans and design selections are finalized, you will receive a completed 3D rendering of both the interior and exterior with all your selected design choices.
Yes! With our custom design services, our in-house design team will collaborate with you to create plans tailored to your vision, budget, and location or modify existing plans to incorporate heavy timber elements.
1. Listen Your Requirements 2. Cost Estimation 3. Schedule Visit 4. Work Execution 5. Satisfied Delivery.
You can make changes 3 times. The first happens after you’ve put down your deposit and our dedicated team customizes your home plan based on your initial home review. The second round occurs our project manager review the new plans and you decide on any additional changes. The third review comes after we’ve created a conceptual 3D interior walk-through of your plan that allows you to better see how it will look in real life. You’ll have the opportunity to make any final changes during this review and then you’ll sign off on it.
Our design team has created pre-designed packages featuring a variety of styles for you to decide on including from other packages. During the 3D walk-through you’ll get a real feel for how the finishes will look in your home and can finalize your choices then.
You can consult with our interior designer to completely customize every option in your home including lighting, plumbing fixtures, cabinets, countertops, flooring, and even the cabinet hardware.
In order to prevent delays and keep costs down, no changes are allowed after you sign off on your final plans and design selections. Just remember, at this point you’ll have had three design reviews where we’ve gone through every part of the design in detail.
Yes! These need to be included in your design reviews to ensure we’re calculating costs and creating the exact home plan for you. Please note: these additional amenities may add more time to your timeline since it involves our specialty vendors.
You’ll receive your floor plans/elevations without dimensions, survey, plot plan, and soil report. The full set of architectural and structural engineering plans and interior design spec sheet are the property of BUILD YOUR DREAM HOME and will not be released.
No. The only time your price could change during construction is if you request a change order or we need to activate the escalation clause. This is rare so you will be presented with options if any change in the cost occurs.
Once your home plans and design selections are finalized, you will receive a completed 3D rendering of both the interior and exterior with all your selected design choices.
Yes! With our custom design services, our in-house design team will collaborate with you to create plans tailored to your vision, budget, and location or modify existing plans to incorporate heavy timber elements.
1. Listen Your Requirements 2. Cost Estimation 3. Schedule Visit 4. Work Execution 5. Satisfied Delivery.