Is It Possible to Use PF Withdrawal for Buying a House?

Not everyone has enough cash stashed away to buy a new house in Coimbatore outright. Most people will need to use some of their personal savings for the down payment and get a loan to cover the rest. But did you know that there is another option? If you want to buy a home now without touching your savings, try withdrawing from your Provident Fund (PF).

 

In this blog, we will explore the conditions for withdrawing your PF savings. We'll also examine the specific situations and factors that make a PF withdrawal applicable so you can make the right decision.

 

When can you withdraw your PF savings?

 

You can use your PF savings to buy a new house in Coimbatore. You can also withdraw it to purchase a plot or repay a home loan.

 

Note that you have to meet a set of criteria to be able to do this. You can only withdraw your PF savings to buy a new home if you meet the following conditions:

 

·     Minimum service requirement: You need to have been employed with your current employer for 5 or more consecutive years.

·     Proper usage of funds: You can only withdraw your PF to buy a ready-to-move-in house. 

·     Ownership clause: The house must be in your name or jointly owned with your spouse.

·     Withdrawal limit: You can withdraw up to 90% of your total PF balance or the property cost, whichever is lower.

·     Loan repayment option: You can withdraw PF savings to repay your home loan, as long as it’s from a government-recognized lender.

 

Buy the right home

 

PF withdrawals are allowed to fund ready-to-move-in homes from housing boards or builders, so be sure to buy a new house in Coimbatore from a trusted builder.

 

How much can you withdraw?

Your withdrawal limit is capped at 36 months’ basic salary plus 90% of the PF balance or DA, whichever is lower.

 

 

Ready to buy a home?

 

Search for a new house in Coimbatore here at JRD Realtorss. Download our app or explore our current projects on this website. You may also call +91 81899-99999 or +91-60339-33333 to speak to one of our helpful agents.

Source: https://www.jrdrealtorss.com/blog/can-you-use-pf-withdrawal-to-purchase-a-house/

 

How to Calculate a Property's Market Value

India’s real estate market is more dynamic than ever, creating complexities that may make it difficult to determine a fair price. This is why understanding how to estimate a property’s market value is crucial for anyone looking to buy villas in Coimbatore. In this blog, we talk about how to do that and why this knowledge matters if you’re buying a new home.

 

Understanding a property’s market value

 

The market value of a home is the price at which it can be sold in the market between a seller and a buyer. Note that it is not the same as the appraised or assessed value. Essentially, the market value is defined by market forces, while the appraised or assessed value is determined by an appraiser or assessor, often for taxation or lending purposes.

 

Factors that impact a property’s market value

 

Many factors can determine the market value of villas in Coimbatore, and understanding these factors will lead to an accurate assessment. Be sure to check these key elements:

 

·     Location: Proximity to public transportation, schools, and other amenities. The neighbourhood and whether the villa is in a gated community can also affect the market value.

·     Property type: Residential properties are evaluated differently from commercial properties.

·     Layout and size: The villa’s size and layout can directly impact its market value. Ultimately, the price will depend on the number of bathrooms, bedrooms, and other features.

·     Condition: The property’s current condition will impact its value.

·     Economic factors: National and economic conditions and market trends also affect prices.

·     Recent sales: The sale prices of similar villas in the same vicinity can influence the market value.

 

Ways to calculate a villa’s market value

 

Once you’re familiar with those factors, it’s easier to understand the methods to calculate property values. These include:

 

·     Comparative market analysis: This involves analysing the recent sales of similar properties within the same location. A real estate agent can do this for you.

·     Appraisal: You can hire a licensed appraiser for a professional evaluation of your villa’s market value.

·     Cost approach: This estimates the villa’s value based on the price to replace it with a similar one, considering factors like obsolescence and depreciation.

·     Use property valuation calculators: These tools can provide an estimate from available data.

 

Ready to buy a villa?

 

Now that you understand how to calculate the market value of villas in Coimbatore, check out our recent project called JRD Imperial Garden Villas. You’ll love the spacious layouts with stunning views in a secure gated community that offers luxurious amenities, such as state-of-the-art swimming pools and fitness centres. We also offer villas in different styles to meet your aesthetic requirements.

 

Contact us here at JRD Realtorss to learn more. You may also call +91 60339-33333 or download our mobile app.

 Source: https://www.jrdrealtorss.com/blog/calculating-the-market-value-of-a-property/

 

 

Is It Possible to Use PF Withdrawal to Buy a House?

Purchasing a new house in Coimbatore is a major financial undertaking, and not everyone has the immediate capital available to pay for a home outright. Thankfully, there are options to assist with your purchase — such as withdrawing funds from your Provident Fund (PF).

You can utilise your PF to purchase a ready-to-move-in property from a housing board or a reputable builder. The withdrawal limit is capped at the lesser of either 36 months of your basic salary plus Dearness Allowance (DA) or 90% of your total PF balance.

 

What are the conditions for PF withdrawal to buy a new house in Coimbatore?

 

To withdraw from your Provident Fund (PF) for a home purchase, you must have completed at least five years of continuous service with your current employer.

The amount you can withdraw is limited to the lesser of 90% of your total PF balance or the actual cost of the home.

Note that your PF funds can only be used for:

·         Purchasing a new, ready-to-move-in house, or

·         Purchasing a plot of land and constructing a new house

 

You can also use your PF to repay an existing home loan, provided the loan is from a government-recognized lender.

The new house in Coimbatore must be registered in your name or jointly in your and your spouse's name.

Ensure that your property purchase agreement is finalised and ready when you apply for the PF withdrawal. The Employees' Provident Fund Organisation (EPFO) requires this document to verify the intended use of the funds.

 

Documents to show when withdrawing PF to buy a new home

 

You need the following documents for a smooth PF withdrawal:

·       Sale agreement or builder’s agreement

·       Owner declaration to show the property is in your name or owned jointly with your spouse

·       Employer’s signature on Form 31

·       Bank account details

 

Need advice?

 

If you are buying a new house in Coimbatore from JRD Realtorss, you can contact our team for personalised advice on PF withdrawal. Call +91 60339-3333 or download our app.

How to Calculate a Property's Market Value

 

Villas in Coimbatore are a significant investment, making it important to understand their value before you buy one. Knowing how to calculate the accurate market value of a property will allow you to make an informed decision and give you an edge when negotiating deals. This requires an understanding of various factors and having the right valuation techniques.

 

A property’s market value is essentially the price at which it could be sold in a competitive market. Multiple factors determine the market value of villas in Coimbatore, and three of the most important are community amenities, location, and property size. Current market trends and the property's condition also influence this valuation.

In India, property valuation employs several methodologies, including the equity approach, investment analysis, and transaction approach, depending on the property type and specific circumstances. That said, the Comparative Market Analysis is the most common and practical method for determining residential property values. It involves analysing recently sold comparable properties within the same area using this process:

Step 1: Gather comprehensive data regarding the villa's type, location, and square footage.

Step 2: Identify recently sold properties that are comparable to the subject villa in terms of size, location, and amenities.

Step 3: Calculate a benchmark value by multiplying the average price per square foot of the comparable properties by the subject villa's total square footage.

 

Invest in high-value properties.

 

At JRD Realtors, we are meticulous about planning projects. We build villas in Coimbatore only at carefully developed locations. JRD Vistara Villas, for example, are thoughtfully designed, eco-friendly luxury villas in Ettimadai with stunning views of the Western Ghats. Our properties provide a stunning nature retreat without being too far from modern conveniences.

 

Discover our villa in Coimbatore by getting in touch with us. Call +91 81899-99999 or speak to one of our team members at +91 81899-99999. You may also download our app to learn more about our ongoing projects.

 

Commercial vs Residential Property: Which One Fits Your Investment Goals in 2025?

 

Real estate investments remain attractive for 2025 due to their stability and financial rewards. You just need to pick the right property type that aligns with your investment goals.

 

At JRD Realtorss, we understand that choosing between commercial and residential properties can be a big decision. That's why we're here to guide you towards informed choices when investing in our residential projects in Coimbatore. This blog shares key considerations that can lead to the soundest decision based on your personality, preferred involvement, appetite for risk, and targeted income.

 

What you should know about investing in commercial and residential real estate

 

Commercial real estate is known to offer high returns in the long run. However, you should be ready to shell out more upfront capital. In general, it’s a better fit for investors with high-risk tolerance and more investment experience.

 

If you’re looking for an investment that provides steady cash flow and more leverage, residential projects in Coimbatore may be for you. At JRD Realtorss, our luxury villas have minimal barriers to entry, making them feasible for new and seasoned investors.

 

Now is a good time to invest in a home in Coimbatore.

 

There’s no definite formula for success in residential property investing. However, your choices can make a difference in investment outcomes. Emerging cities like Coimbatore are known for their favourable market conditions and immense growth potential. Known as the Manchester of South India, it continues to attract investors and homebuyers who want to make the most of its growing real estate investment landscape and diversify their portfolios.

 

Here’s a quick run-down of reasons to invest in our residential projects in Coimbatore now:

 

·       Coimbatore’s overall quality of life and property prices make it a viable place to invest in a home. Whether you plan to rent it out or live in it for retirement, you might find the average cost favourable at ₹ 5170, the lowest compared to Bangalore, Mumbai, Delhi, and Hyderabad.

·       The city has reputable healthcare and educational institutions that increase the demand for high-quality housing.

·       The city is well-connected by 5 national highways and state highways to Bangalore and other cities. Plus, it’s home to Tamil Nadu’s second busiest airport and major rail hub in South India.

 

Invest in a Coimbatore home today.

 

Look no further than JRD Realtorss for the best opportunity to invest in one of our residential projects in Coimbatore. Call +91 81899-99999 or +91 60339-33333 to arrange a meeting with our team. You may also reach us through our mobile app.

 Source Link: https://www.jrdrealtorss.com/blog/commercial-vs-residential-property-which-one-fits/

5 Compelling Reasons to Invest in JRD Realtor's Imperial Garden Villas Project in 2025

 

If you’ve always dreamed of living in a luxury villa, it’s time to make it come true with one of our Coimbatore villa projects. At JRD Realtorss, we offer the finest properties at prime locations. One of our most sought-after projects is JRD Imperial Garden Villas, which we will discuss in this blog. Read on and discover 5 good reasons to invest in one of our homes in this project.

 

1. Live your best life

 

Imperial Garden Villas epitomise living the best of your life with all the luxuries and comforts you deserve. Our project is based on the increasing demand for high-end, spacious residential properties that meet the needs of a growing family. These villas are also ideal for retirees and couples looking for a home with best-in-class amenities within reach.

 

2. Spacious homes

 

When planning Coimbatore villa projects, we take the time to choose an optimal location where we can build without space constraints. Imperial Garden Villas is a gated community built on an expansive area with room for 264 plots and 3 shopping facilities. Plus, it can accommodate 200 spacious custom luxury villas.

 

3. A conducive place to raise a family and enjoy quality time with loved ones

 

At JRD Realtorss, we understand modern homeowners are not just looking for a luxurious home. They want to live in a place where they can make the most of their leisure time with loved ones. That’s what we offer through projects like Imperial Garden Villas. Besides enjoying your cosy home, you’re welcome to mingle with a like-minded community through your neighbours and the clubhouse.

 

4. Close to nature

 

Imperial Garden Villas is one of our Coimbatore villa projects in Kovaipudur. The growing township sits on the foothills of the Western Ghats, so it provides the perfect venue for nature activities. You can enjoy the lush green surroundings from your villa. And since you’re away from the bustling city centre, you have access to natural water, seasonal vegetables, and fresh air.

 

5. More choices for you

 

Imperial Garden Villas come in different configurations. The Classic Villas are simple and minimalist, while Traditional Villas are steeped in India’s tradition and will remind you of a bygone era with their timeless charm. Of course, we offer modern options, too, such as Contemporary and Cosmopolitan Villas.

 

If you prefer a home with old-school Mediterranean aesthetics, our Spanish-style villas are for you. No matter what you choose, rest assured your home will be well-appointed with modern comforts, such as RO in the kitchen, air conditioning, power back-up, and a video door phone with CCTV.

 

Contact us today!

 

Learn more about Imperial Garden Villas from our app. You may also call JRD Realtorss at +91 60339 33333 to learn more about our Coimbatore villa projects.

Source URL: https://www.jrdrealtorss.com/blog/invest-in-jrd-realtors-imperial-garden-villas-project-in-2025/

Essential Vaastu-Compliant Tips for Modern Elevation Designs in 2025

 To create a peaceful and harmonious home, Vastu focuses on the design, structure, dimensions, and spatial alignment of the house. When a house is built following Vastu principles, it prevents negative energies from entering. To give your home a Vastu-compliant touch, all you need is a Vastu expert and some minor adjustments to the placement of items. Read on for some essential Vaastu-compliant tips for modern elevation designs in 2025.

 

East-facing villas in Coimbatore 

 

An east-facing home is said to bring good fortune and positive energy when planned based on Vastu guidelines. According to Vastu Shastra, having more open space and a lower elevation on the east side is considered very fortunate. The entrance should ideally be placed on the east or northeast side of the villa. For a balanced layout, the kitchen should be in the southeast or northwest corner, while a pooja room in the northeast is seen as highly auspicious.

 

West-facing villas in Coimbatore 

 

For a west-facing villa that aligns with Vastu principles, place the main entrance in the third or fourth section (pada) of the west side to welcome prosperity. Construct the main structure towards the southwest, leaving the north and east sides more open. Make sure the land slopes gently towards the east or northeast to encourage positive energy. To maintain balance, keep the boundary walls on the north and east sides lower than those on the south and west sides.

 

North-facing villas in Coimbatore 

 

A north-facing house is considered very lucky. To bring in more financial growth, place the main entrance in the third or fourth sections (padas) on the north side. Position the main building structure in the southwest part of the property, leaving more open space in the north and northeast areas. Make sure the land slopes slightly towards the east or north for a better energy flow.

 

At JRD Realtorss, our villas in Coimbatore are designed to follow Vastu principles, ensuring harmony and positivity in every home. Explore our projects, JRD Harmony Villas and JRD Vistara Green Villas, to find your perfect Vastu-compliant home.

Source Link: https://www.jrdrealtorss.com/blog/essential-vaastu-compliant-tips-for-modern-elevation-designs-in-2025/