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Frequently Asked Question
You May Ask
Constructing a house yourself is better than buying a ready-made one, because we can build our home to suit our own taste, budget and of course in good quality. If you go for a ready-made one, it is constructed according to the owner ’s taste, budget, their location preference and family needs.
Yes, you will get a home loan for constructing a house, just as you would for buying an apartment or a villa. You can apply for a home loan from any leading bank in two ways –either before purchasing the property to construct the house OR after you purchase a plot in your name –depending upon what stage you are in.
Yes, your home loans are eligible for tax benefits. The principal and the interest components of the loan are eligible for income tax deductions under section 80C and 24 respectively of the Indian Income Tax Act.
Certainly, an NRI can construct a house in India.The only restriction with respect to an NRI purchasing a Property is with respect to purchase of an agricultural land which is not allowed for a Non Resident Indian or a foreign national
Primarily the legal approval that is required for constructing a house is the approval that is taken from the local self government body, which is a Panchayath, Municipality or a Corporation as the case might be. It is decided based on the local body under which the property falls.The process is something like this –once you decide to construct a house, you get a floor plan designed using the services of an Architect. After the floor plan is finalized, you create technical drawings as per the standards set by the local body. You then apply for a building permit.
Construction is a combination of multiple service elements. It involves careful planning of the usage of hundreds of building materials and the services provided by multiple individual contractors. The quality of the construction is actually dependent on all these major and minor factors, due to which there has to be a clear-cut planned approach in the usage of these elements.A good contractor, with his expertise and experience in building homes, takes utmost care in carefully purchasing the construction materials and professionally combines them to create the best possible house that suits your dream and budget.
Flyseas construction is a company involved in the construction of Residential buildings, Commercial buildings, Plot Development, Interior Designing and Execution. So, as far as a residential home buyer is concerned, Flyseas construction provide all services right from designing the floor plan to getting the approvals and quality reviews done by an in-house Architect.Once that is done, Flyseas construction provide the customer with a consolidated quote for the construction of the entire building as per the quality standards and material specifications provided by the design team. Wherever customers prefer our team to handle the interior designing and execution, the company does that as well.
Yes, Flyseas Construction have an in-house Architect
team, which implies that availing the services of an Architect is included in the services provided by Flyseas Construction.
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The normal construction duration of a house is approximately 12-14 months.
It does not necessarily mean that you would always require 12-14 months to construct the house.
There is lot of buffer period provided, so that the common deterrents like labour problems, material non-availability, rains and strikes which actually effect construction in a site, are factored in.
Considering all these factors, it appears that 12-14 months is a very good time under which a customer can expect the house construction to be completed.
In specific cases where the customer requires the house to be constructed in a much faster period of time, it is very much possible.
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