You Need not ‘Run Around’. Leave it to us.

The major concern in the process of home buying is RUNNING AROUND. The 'To do' list may be endless and overwhelming. Choosing the right property, Visiting the Site, bargaining on price, preparing the necessary documents, getting a right home loan, registration of property, monitoring the construction progress, taking possession of the property, interior decoration, housewarming ceremony and many such things would really be too much to handle. The real difficult part would be being at the mercy of the employer to take time off from work to do all the above. This is exactly where DRA is all set to assist you and minimize your travel drastically. From the moment you enquire about one of our properties, our team will be on hand to answer any questions and guide you through the process of buying the property without making you run around.

Addressing your enquiry

By taking the time to learn about a property, you can make sure that it is the right fit for you before making an offer. After you express interest and inquire about our property, one of our dedicated sales executives will reach out to you at your convenient time. They can provide support over different communication channels such as chat, call, or email. Furthermore, they can answer any queries related to the property so that you have a better understanding of it and can make a well-informed decision before making an offer. From an investment standpoint, understanding all the features and benefits of a potential property is critical - so never hesitate to ask even trivial questions. Our sales executives are more than happy to answer them

Arranging for the SITE VISIT

After you have done your research and are confident about the merits of the property, our team will be more than happy to arrange a 'site visit' for you. Seeing the property in person is always the best way to get a feel for it, and we will be there to answer any questions you may have. If you wish to come back for another look or to show the property to friends or family, just let us know and we will be happy to accommodate you. We want you to be sure that this is the right property for you before making any decisions, so feel free to take your time and view it as many times as you like. At DRA Homes, we understand the importance of committing to a significant financial decision such as buying a property. Therefore, we offer complete support for customers who wish to visit a potential property in order to form a first-hand opinion before making their purchase

Helping you in choosing the right property

Once you visit the site of the property, you can take the help of our executives in further steps. At DRA Homes, we understand that finding the perfect home is a deeply personal process. That's why we take the time to get to know your unique needs and preferences. Our executives would listen to your requirements very carefully and assist you as consultants and not as convincers. This will help you choose the apartment that meets important factors like Vastu shastra compliance, good ventilation, natural lighting and good views. Whether you're looking for a cozy two-bedroom or a spacious three-bedroom, we'll work with you to find an apartment that's just right for you. Because we have a wide range of Flats in OMR which would exactly match what you're looking for.

Finalizing the cost of apartment

After you select the property that you wish to buy, our executives will break up on cost. This will help you get the total cost of your apartment so that you can make financial arrangements to buy the property. The breakup on cost would cover basic cost, registration cost, stamp duty, applicable taxes, amenities charge, corpus fund etc. In addition to this if you are asking for any special customization within scope that might be charged separately based on your acceptance. This will ensure that there are no last- minute surprises, and you know exactly how much the apartment will cost you. Our executives will make sure that you are confident and comfortable with your purchase before moving forward

Book the property by an advance payment

Making a commitment to buying a home is not something most take lightly, which is why so many put an immense amount of time and energy into finding the perfect property for them and their family. An advance payment is one way to show your commitment to purchasing the specific property, while also speeding up the closing process. When purchasing a property, an advance payment of 10% of the property's value is typically required. This payment can be broken down into two parts: a token advance that serves as confirmation that the property has been sold to the current buyer and will not be made available to other prospective buyers; and the remaining portion which is due before signing a sale and construction agreement. Using this payment structure helps ensure that the buyer and seller involved have secured their portion of the transaction. As a result, you can enjoy peace of mind in knowing that the dream home of yours is a step closer

Assistance in Financial planning

It is crucial that you plan your finances carefully before taking the plunge. Our experienced executives have helped numerous home buyers plan their finances, and we can do the same for you. We will take into account your income, debts, assets, and credit score to determine how much you can afford to borrow. We will also provide advice on the best way to structure your loan, such as fixed-rate or adjustable-rate financing. With our help, you can rest assured that you will be well-prepared to make a sound financial investment in your new home.

In India, housing loans are funded up to 90% of the total cost of the property including cost of registration and applicable taxes. It is important to consider how much of your own personal funds you are willing and able to contribute towards the purchase. Keeping this in view you must plan and arrange your personal fund contribution depending on your loan repaying affordability and other commitments. For example, for a property costing Rs. 30 lakhs, the bank may finance Rs. 27 lakhs and you will have to contribute Rs. 3 lakhs as your personal equity contribution. However, if you have other savings such as Fixed Deposits that can be used towards meeting the down payment amount, you may not need to arrange for the same from your current income sources. You should also take into consideration any other financial commitments such as children's education or their marriage that might put pressure on your current income sources. Therefore, while planning to avail a housing loan, it is important to factor in all these aspects to ensure that you can comfortably repay the loan without any Default.

Aligning with your time and schedules

‘Finalizing the property and making an advance payment’ is only half the task. Once you've chosen the right property you'll need to work together with us to finalize the other crucial matters of your transaction on legal and financial angles. This can be a daunting task, as most real estate transactions consume considerable time for execution. You may have to be away from work often to complete the legal formalities of home buying. In order to serve you best, we have no windows like Monday to Friday or 9 am to 6 pm. Our executives will work with you at your convenient time and assist you from start till end ensuring transparency so that there are no hassles later

Getting the necessary documents in order

Buying a home is a huge investment, and there are a lot of important documents that are required in order to make the purchase. These documents include proof of address, age, identity, and income. In addition, you will also need to provide documents for the home loan, signing necessary agreements, and registering the property. This can be a lot to keep track of, so it is important to have a system in place to ensure that all the documents are organized and presentable. One way to do this is to create a folder for each stage of the process. This will help to keep everything organized and will make it easier to find what you need when you need it. Another tip is to label each document with the date it was received. This will help you to keep track of which documents are still needed and which ones have already been taken care of. By taking the time to organize your documents, you can make the entire process of buying a home much smoother and less stressful.

At DRA Homes, we have helped several hundreds of homeowners to get all documents in order without making them run around. Therefore, don't hesitate to ask for our support that would make you travel less in the process of getting the documents ready.

Support on home loan

You've found the perfect home and you're ready to make an offer. Congrats! Now it's time to get the funding in order. At DRA Homes, all our projects are approved by the major banks, so we can help you identify the right loan at the best interest rates based on your eligibility. We understand that this can be a confusing and overwhelming process, so our goal is to make it as easy and stress-free for you as possible

One important factor in determining your loan eligibility is your carry-home income after taxes, deductions and any other active loans. Another key factor is your credit score. Our team at DRA Homes will help you understand all the factors involved in calculating your loan eligibility and guide you through the process of getting the best possible loan for your situation.

We'll work with you to determine how much you can afford to borrow, and then we'll shop around for the best interest rates and terms. Once we've found the right loan for you, we'll handle all the paperwork and ensure that everything goes smoothly. You can focus on moving into your new home while we take care of the rest.

Smooth Registration of property

After an exhausting search for the perfect home and a tense negotiation process, the moment of truth has finally arrived: it's time to sign on the dotted line and make your purchase official. For most homebuyers, the culmination of the buying process is the property registration. This is when the new owner is officially recorded in the land registry and becomes responsible for paying property taxes. It is important to keep in mind that 50% of the property value must have been paid prior to the registration.The registration process can seem daunting, but at DRA Homes we take care of everything to ensure that it goes smoothly. We will handle all the paperwork and submit it to the relevant authorities. All you need to do is sign the documents and enjoy the legal ownership of your new home with your family. This means that you have completed all of the required steps and paperwork and can finally move on with your life in an exciting new home!

Updates on Construction progress

One of the most exciting parts of buying a new home is watching it take shape. At DRA Homes, we understand how important it is for our customers to stay informed about the construction process. That's why we regularly update our website with construction updates In addition, we'll send you prompt email notifications when significant milestones are reached. This way, you can plan your move-in date with confidence, knowing that everything is on track. You will also have the time to get other crucial things organized in advance rather than worrying about last minute details. We’re committed to providing our customers with the best possible experience, and that includes keeping you informed every step of the way

Final inspection before delivering the home

Final inspection before the delivery of property is very important. At DRA Homes, we take that responsibility seriously. That's why we have a team of experts who carefully inspect the home before handing it over. They verify that all systems are in working order and make any necessary repairs. Then they have it professionally cleaned. Finally, you will be invited to make a final inspection of the home before moving in. In case you find some necessary repairs and touch-ups here and there that need to be done before you settle in, thankfully, our professional team is here to help. We want you to be completely satisfied with your new home. Our goal is to create long-term relationships with our clients ,and that starts with making sure you're happy with your purchase.

Settlement of payment dues if any

Usually, the final payment of 5% to 10% of property price is released by home buyers only prior to taking possession of the property. This payment is made to us only after customers are fully satisfied with the property including the legal compliance. At DRA Homes we make sure to remind our customers about the final payment well in advance so that there are no last-minute surprises. Therefore, we work to ensure smooth and hassle-free completion of the entire process by reminding our customers about the final payment well in advance. We strive to provide our customers with the peace of mind they deserve by ensuring they have no financial dues left to us prior to taking possession of the property. Ultimately, our goal is to make sure that every customer steps in to their new home in perfect harmony.

Handing over of Keys to the freedom of ‘your own home’

Handing over the keys to your new home is an incredibly significant moment that represents your hard-earned success. After all, it symbolizes the culmination of years of your hard work and sacrifice. For many people, owning a home is the realization of a lifelong dream. It is not just a set of keys. We are handing over the keys to your freedom. Your freedom to design and decorate your home as you please. Your freedom to come and go as you please. Your freedom to create a space that is truly your own. Therefore, when accepting the keys to this new milestone, we urge you to pause for just a moment and appreciate all that you have achieved in getting here; take in the importance of this accomplishment.

Making your home ‘entirely yours’

After taking possession of your new home, one of the first things you'll need to do is transfer the utilities into your name. This includes the electricity, water, and property tax. While it may seem like a hassle, transferring these into your name is an important step in proving that you are the rightful owner of the property. At DRA Homes we will guide you through this process. You can be rest assured that you'll have all the necessary documentation to prove that you own your home.

When everything is done, it is very important to keep enough sets of photocopies of your original documents. The best option would be to save them in cloud storage. So that you can download the soft copies of your documents whenever you require them. This will help you keep track of your documents and ensure that you always have a copy available when you need it. Additionally, it is always a good idea to keep your original documents in a safe place in case you ever need to reference them. By keeping all of these things in mind, you can be sure that you will always have access to your important documents.

Power packed ‘Customer Portal’

DRA Homes is proud to offer its customers an exclusive portal to keep them informed on all aspects of their booking progress. This customer portal makes the home-buying process seamless for our customers. It allows customers to track all information easily and conveniently. Customers can view payments made, due and all related documents associated with their bookings. Thanks to this portal, customers are also kept abreast of any updates on the construction progress as well as the launch of new projects in the future. If any issues arise or queries need clarifying, customers can use the portal to raise a ticket and track its status – ensuring that DRA Homes stays true to its commitment of providing satisfactory service every step of the way

2. Fast Property appreciation and High Rental income

OMR is definitely one of the top investment regions in Chennai. Property values have appreciated significantly in the last 10 years and flats and apartments in OMR yield high rental income for investors. The remarkable infrastructure transformation is one of the main reasons why OMR has become such an attractive investment option for home buyers in the last decade. From close proximity to major IT parks and office spaces to world- class hospitals and educational institutions, OMR has everything that investors and homeowners are looking for. And with more development projects underway, the future looks even brighter for this region of Chennai.

Each year, thousands of people flock to OMR in search of employment. As a result, there is always a high demand for rental properties. This provides investors with an opportunity to buy flats and generate rental income. OMR is an ideal location for this purpose due to its proximity to major employment centers. This makes it easy for tenants to find work, and thus, pay their rent on time. In addition, the area is well-developed, making it attractive to potential tenants. As a result, investing in OMR on flats is a wise choice for those looking to generate rental income. So if you're thinking about investing in property, OMR is certainly is the right place.

3. Unbeatable Quality of Life

One of the most important factors to consider while choosing a place to live is the quality of life that it offers. And in this respect, OMR Chennai is simply unbeatable. The area is home to numerous shopping malls, entertainment hubs, hospitals and restaurants, making it the perfect place to enjoy a night out on the town. Additionally, OMR is just a short drive from the scenic beach on ECR, making it the perfect place to enjoy a day in the sun. There are several religious places for worship. With so much to offer, it's no wonder that OMR is such a popular choice for those looking to buy or rent a flat. Whether you're young or old, OMR has something for everyone.

4. Affordable Prices

In recent years, the city of Chennai has seen a boom in the real estate market. As more and more people are moving to the city in search of better job prospects, the demand for housing has increased exponentially. However, finding a reasonably priced flat in Chennai can be a challenge. While prices have gone up in most areas of the city, there are still some pockets where you can find good deals. One such area is OMR, which is home to several residential projects that offer flats at relatively lower prices. In addition to being affordable, these projects also offer a host of other amenities that make them an attractive option for homebuyers. So if you're looking for a good deal on a flat in OMR, Chennai, be sure to check out several residential projects developed by DRA Homes in top locations like Sholinganallur and Navalur.

1. Choose the right LOCATION in OMR

When choosing a place to live, most people have a list of priorities. For some, the first priority is finding a safe neighborhood with good schools. Others might prioritize being close to family and friends. However, there are some factors that should always be considered. The first priority would always be the proximity to Education, Healthcare, Work, Shopping, Entertainment and Places of Worship. These are the basic necessities that everyone needs in order to live a comfortable life. Of course, there are other important factors to consider as well. But if you can find a place that meets all of your basic needs, you'll be setting yourself up for success from the start.

If your parents, spouse, children or anyone in your family including you who require constant medical attention then buy a flat that is closer to multispeciality hospitals. The distance from your home to hospital should preferably be within 5 KM or by travel it should be reached in 10 to 20 minutes.

If you have 3 - 12 years old children going to school, then look for a flat / apartment that's very close to you. That is, the flat should be within a kilometer from the school so that even by walking it can be reached.

If your children are over 12 years of age and capable of going independently by public or private mode of transportation, then ensure that your flat is within 10 kilometers from the school. The travelling time to school should not exceed 30 minutes for one way. More time spent on travel by students can lead to exhaustion and poor performance in academics. However this suggestion may not be applicable to students preparing for competitive exams or going for higher studies.

In case work is your primary importance, without any question it is important to buy an apartment that's closer to your office.

If all the above points are equally important then strike a balance. Moreover, OMR is a stunning stretch where most of the above facilities are available every three kilometers and buying an apartment here is certainly a wise option.

2. Choose the right size of Flat / Apartment

How do I decide the size of my apartment? This is a question that many people face when they are looking to purchase a new home. There are a few things that you will need to take into consideration in order to answer this question. The first is the amount of space that you will actually need. How many bedrooms do you need? How many bathrooms? Do you need a separate dining room or kitchen? How much storage space do you need? Once you have answered these questions, you can begin to look at apartments that meet your needs.

Another aspect you need to consider is your lifestyle and needs. Primarily it depends on the number of members in your family at the moment and how it would expand in a few years. In addition, if you entertain often, you will need more space than someone who rarely has guests over. You should also take into account how much stuff you have. If you are a minimalist, you can probably get away with a smaller space than someone who has a lot of things. Once you have considered your lifestyle and needs, you can start to look at apartments that are the right size for you. Remember, it is better to err on the side of too much space rather than too little. You don't want to be cramped and uncomfortable in your own home. The usual options for apartments are in the 1 bhk, 1.5 bhk, 2 bhk, 3bhk and 4 bhk categories. Choose the one that's appropriate for you.

3. Look for amenities that are essential than desired

When buying an apartment, it is important to consider the amenities that are available. It is important to evaluate which amenities are needed and which ones are simply wanted. Many apartments come with a gym, swimming pool, and children's play area. However, these amenities are often not fully utilized by residents. As a result, many people find that they are paying for maintenance fees for amenities that they never use. It is important to consider how often you will use the amenities before deciding to buy an apartment. Otherwise, you may find yourself paying for something that you never use. Other amenities, such as on-site laundry or covered parking, 24X7 security with CCTV Cameras may be more essential but may not be available in all buildings. Ultimately, it is important to prioritize the features that are most important in order to find an apartment that fulfills what you need rather than what you want.

4. Don't stretch too much on the PRICE than you can afford

When it comes to buying an apartment, the cost is always a major consideration. There are a few things you can do to help you decide on a budget. First, take a look at your finances and see how much you can realistically afford to spend. Keep in mind that you'll need to factor in things like mortgage payments, insurance and other EMI commitments. Once you have a general idea of your financial limits, start looking at apartments in your price range. Take your time and look at as many options as possible before making a decision. It's also a good idea to consult with professional property consultants to get their expert opinion on pricing. With careful planning and research, you'll be able to find an apartment that fits both your needs and budget.