How to Cut Down your Electricity Bills

How to Cut Down your Electricity Bills

We are in the midst of summer season and there seems to be no respite from the heat. Chennai is not getting rainfall which is adding to the heat woes. All this is affecting our electricity bills mainly because of the extra usage of AC. During summer we use our AC for longer hours and it also consumes more electricity as the temperature is high. This article will help you in reducing your monthly electricity bill by a good percentage. Here are the tips for the same. Also Read: Avoid These 10 Common Home Remodeling Mistakes 1. Unplug electrical appliances which you don’t use. This can be the likes of TV, water heater, AC, Grinder, Coffee Maker, etc. Though the internal switch is off, these appliances still leak current when plugged in. So unplugging them saves electricity and also reduces the room temperature. 2. Install Solar Panel: Solar is a free source of energy. There is a big one time cost and then you don’t have to pay for a lifetime. You can use it for the water heater or use it a power back up the solar inverter. 3. Use heat generating appliances at night: We live in a tropical country where summer occupies most part of the year. We have our AC on almost all the days of summer. AC will consume more power if the room temperature is high. Electrical appliances like washing machine, oven, dishwasher, etc generate a lot of heat when they are being used. It is better to run them either during early morning or on nights when the temperature is low; this...
5 Tips to Select Exterior Paint Colors for your Home

5 Tips to Select Exterior Paint Colors for your Home

When it comes to painting your home, it is imperative that you choose the best option available. Painting is a process which you might do once in a decade or two, so it is wise to spend some money and get the best output possible. This article will act as a guide in selecting the paint and colors for your home exteriors. Also Read: 5 Effective Ways to Add Colour to your Home 1. Single Color Variants This is the basic and most widely used option in India. You have to choose one paint color and all the supporting colors will be different shades of this same paint. Instead of looking for different colors, selecting different tones of the same color will give a universal and pleasant look to your exteriors. This is considered as one of the safest options as it is unlikely to fail. 2. Opt for Bright Colors This is a trend which is prevalent in Indian villages mostly in southern India. Bright colors attract goers and give a positive statement to your home. You should be careful while choosing the bright colors as it should not look too bright and shiny. Don’t opt for powerful red or blue, instead of bright green or yellow will be a good choice for bright colors which are not too bright. 3. Day and Night This is the biggest mistake made by most of the house owners in India. When they choose a color they just consider the sunny daylight and completely ignore the night time visibility. The color chosen by you should look exactly the same in both...
8 Safety Tips for Women Living Alone

8 Safety Tips for Women Living Alone

Women, in general, are easy targets for burglars and when it comes to a woman who is living alone in a house are sure targets. Thieves are always looking out for homes with single occupants as they are easy to rob. This article will list out guidelines that a woman who is living alone should follow in order to be safe and secure. Also Read: The 5 Best Ways to Search for Homes 1. Safe Location If you are a single woman and living alone, you have a higher chance of being burgled or attacked. Single woman is easy targets for robbers and criminals and thus it is important that you take extra care. One of the first things to do is to pick the right neighborhood. Try to pick an area which has got a better history and avoid areas which have higher criminal records. Opt for gated communities as they are highly secured with both human security and also secured with advanced security systems. 2. Install a CCTV camera People think that CCTV cameras are useful only to track thrives after the crime has taken place. Though this is true, CCTV cameras act as a great safeguard device too. Thieves generally avoid houses which are secured by CCTV cameras. They are afraid of cameras and that will keep them at bay. Prevention is better than cure; a CCTV camera helps in both prevention and also in nabbing the thief after the theft. 3. Install a personal Security App This is one of the best solutions which we Indians completely ignore. It is obvious that most of us...
5 Tips for Choosing the Best Mortgage Loan

5 Tips for Choosing the Best Mortgage Loan

A mortgage loan is a loan against the property issued by banks against your residential or commercial property. Mortgage loans are mostly taken at times of emergencies or needs. In general mortgage loans tends to attract higher interest rate compared to home loans. Let us look at various important things that you should know before choosing the mortgage loan. Also Read: 5 Things to Consider in Mind While Taking an NRI Home Loan 1. Do you need a Mortgage loan? This is the first question which you need to answer with utmost clarity. Mortgage loans are to be considered only during emergencies. Understand the reason for taking the loan, see if the same can be obtained using other modes of loan like a personal loan or jewel loan, etc. Mortgage loans are to be taken only for huge amounts. Opt for a mortgage loan only when you have exhausted other means of loans. 2. Type of Mortgage Lender Mortgage loans are offered by various types of lenders both small and big. Let us look at various types of lenders. Banks Financial Institutions Housing Finance Companies Private Agencies You can take a loan against your property for a variety of reasons like marriage, hospital emergencies, buying another property, etc. Your first priority is to approach your bank where you have a long-standing account. It is better to keep private agencies as a last resort. RBI approved housing finance companies are also a good place to look for mortgage loans. 3. Loan amount When you go for a housing loan, you are eligible up to 90% of the property value whereas...
The 5 Greatest Benefits of Investing in Real Estate

The 5 Greatest Benefits of Investing in Real Estate

Investment in real estate is considered to be both financially beneficial and also a Status issue. Buying a property will be the top most priority for most of the young Indians once they land a good job. A lot of savings goes into it and properties are always bought with a home loan from banks or financial institutions. This article will talk about all possible benefits of investing in Real Estate. Also Read: 10 Tips to Increase Value of your Home on a Budget 1. Safe Capital Appreciation Real Estate is one of the rarest asset qualities which will always grow. The cost of your property will not go down easily. When there is a slow down the increase in pricing will be low or the price will be same. The probability of price coming down below 10% is highly unlikely. History shows that Real Estate goes through ups and down cycles. When it goes up, the price increases by 30-40% and when it goes down, it will only go down by 5-10% maximum. Thus it is a safe and also appreciating investment. 2. Monthly Income Capital appreciation is a long-term benefit of investing in real estate, the immediate and ongoing benefit is the rental income that your property will fetch. In general properties in Indian cities tend to generate an annual return of 4-5% in rent. Though this amount is smaller than 8% provided by fixed deposits, you should also count the capital appreciation a property generates. Fixed deposits are safe and secure but no capital appreciation apart from 8% fixed interest. 3. Tax Benefits When you buy...