First Brick Realty

The countdown begins...! ✨
First Brick Realty proudly presents the Excellence Awards 2025, where we'll be Awarding the Champions of Real Estate.. 🤝🏆
It’s time to honor the best of the best! We are thrilled to host the awards function 2025 and recognize the champions who are driving innovation and setting new standards in real estate.
Excellence is built, brick by brick...🥳👏✌️

It's Official we're 5...🥳🎉😀

It’s amazing to see how far we’ve come since our humble beginnings. This milestone isn't just a number it's a testament to the hard work and dedication of our incredible team and the unwavering support of our community, we are truly grateful for every contribution.

To Our Team : Thank you for believing in the vision and for showing up every day with passion and creativity. You are the heart of this company.. ❤️ 😇

To Our Clients & Partners : We appreciate your trust and for allowing us to be a part of your journey.. 🙏🙂

As we celebrate this anniversary, we're more motivated than ever to innovate and grow. Here’s to the next chapter and to building an even brighter future together...!
Huge Thank You to everyone who has been a part of this story...🙏🤓🔥🤝

🌟 New Project.. New Heights..New Beginnings.. 🌟

Introducing Pearl Enclave – a stunning 13 storey residential development offering modern 1 BHK & 2 BHK homes, where comfort meets convenience.

Proudly developed by Dream Infra in strategic partnership with First Brick Realty, this marks another bold step in redefining urban living.

🏢 After successfully completing two landmark projects with Dream Infra, First Brick Realty continues its journey of trust and excellence.

📍 Location: Vapi-Silvassa Road, Near Dadra Check Post, Dungra
✅ Prime Connectivity | Thoughtful Design | Rising Community

✨ Discover a lifestyle that reflects your aspirations.

Steps To Obtain New Home Insurance :

1. Assess Your Needs

2. Gather Information

3. Get Quotes

4. Review Quotes

5. Choose a Policy

6. Finalize the Policy

Things to consider before buying a home for investment :

1. Location, Location, Location

• Demand: Choose a location with high demand for rental properties, such as near universities, employment hubs, or transportation centers.

• Appreciation: Research historical property value trends in the area to assess potential for appreciation.

• Amenities: Consider the proximity to amenities like schools, hospitals, shopping centers, and parks.

2. Property Condition and Potential

• Renovation Costs: Assess the property's condition and potential for renovation. Factor in the costs of repairs or upgrades.

• Energy Efficiency: Consider energy-efficient features to reduce utility expenses and attract environmentally conscious tenants.

3. Rental Income Potential

• Market Analysis: Research rental prices in the area to determine potential rental income.

• Vacancy Rates: Consider the average vacancy rate in the neighborhood.

• Tenant Profile: Identify the target tenant demographic (e.g., students, young professionals, families) and tailor the property accordingly.

4. Financial Considerations

• Down Payment: Determine the down payment required and the potential impact on your cash flow.

• Mortgage Rates: Compare interest rates from different lenders to secure the best deal.

• Property Taxes and Insurance: Factor in property taxes, insurance premiums, and maintenance costs.

5. Management Strategy

• Self-Management: Consider the time and effort involved in managing the property yourself.

• Professional Management: Explore the costs and benefits of hiring a property management company.

6. Legal and Tax Implications

• Rental Laws: Understand local rental laws and regulations.

• Tax Deductions: Consult with a tax professional to identify potential tax deductions related to rental income.

7. Diversification

• Portfolio: Consider diversifying your investment portfolio by owning multiple properties in different locations... 📃 💰

Essential Documents for New Possession: 🏡

1. Occupancy Certificate (OC): This is a crucial document issued by the local authority certifying that the property meets all building regulations and is safe for occupancy. This is mandatory before possession.📜

2. Sale Deed/Conveyance Deed: This legal document officially transfers ownership of the property from the seller to you. It must be registered with the relevant authorities.

3. Mortgage Deed/Loan Documents: If you've taken a loan to finance the purchase, you'll need the mortgage deed and other related loan documents.📃

4. Property Tax Receipt: Proof that property taxes have been paid up to date. 🧾

5. Utility Connection Documents: Documents for electricity, water, gas, and other utility connections for the property.

6. Society/Association Documents (if applicable): If the property is part of a residential society or association, you'll need the relevant documents, such as bylaws and membership details.

7. Building Plan/Approved Drawings: These show the layout and specifications of the property and can be helpful for renovations or future reference. 🏠

8. Previous Property Documents (if applicable): If the property is a resale, you might need copies of previous deeds and other documents to trace the chain of ownership..

Important Terms After Home Loan Approval:

1.Disbursement:

• Disbursement Schedule

• Disbursement Conditions

2.Interest Rate:

• Fixed vS Floating Rate

• Interest Rate Adjustments

3.Repayment Schedule:

• EMI (Equated Monthly Installments)

• Repayment Tenure

• Prepayment Options

4.Loan Tenure:

• Loan Term

• Early Repayment

5.Property Registration:

• Stamp Duty and Registration Fees

• Registration Process

6.Insurance:

• Homeowners Insurance
• Mortgage Insurance

7.Other Charges:

• Processing Fees

• Other Charges

Home Loan Documents Based on Employment Type:

Salaried Employees :-

• Identity and Address Proof:
Aadhaar card, PAN card,
Passport, Voter ID,
Driving license.

• Income Proof:
Salary slips for the last 3 months,
Form 16 for the last 2 years, Bank statements for the last 6 months.

• Employment Proof:
Appointment letter,
experience certificate,
& sometimes a letter from the employer stating salary & employment duration.

• Property-related Documents:
Sale deed, title deed, NOC
Property valuation report, ect..

Self-Employed Individuals :-

• Identity and Address Proof:
Aadhaar card, PAN card, passport, voter ID, driving license.

• Income Proof:
ITR for the last 3 years, balance sheet, profit and loss account, audited financial statements, GST returns, and bank statements for the last 6 months.

• Business Proof:
Shop/office establishment proof, license, registration certificates, etc.

• Property-related Documents:
Sale deed, title deed,
Property valuation report, and other relevant documents.

Additional Documents : (Common to Both)

* Loan application form
* Passport-sized photographs
* Processing fee
* Property valuation report
* Legal and technical evaluation reports..

RERA 2.0 New Rules:

1. Everything Goes Online:
• No more paperwork: Most of the processes, from project registration to complaint filing, can now be done online.

• Quick access: You can easily check project details, builder information, and complaint status online.

2. Faster Approvals:
• Speedier process: The government aims to process project registrations and approvals much faster than before.

• Less waiting time: you can expect your dream home to be ready sooner.

3. More Information & Transparency:
• Clear project details: Builders must provide complete and accurate information about their projects.

• Informed decisions: You can make better decisions about buying a property with all the necessary information at your fingertips.

4. Stronger Protection for Buyers:
• Buyer-friendly rules: Strict rules to protect buyers from fraud and delays.

• Safeguarding your investment: Your money is safer, and your rights as a buyer are better protected.

5. Easy to Use:
• User-friendly portal: The online platform is designed to be simple and easy to navigate.

• Mobile app: You can access RERA information and services on your smartphone.

You can check all the information on the official RERA website and download the "Gujarat Rera" application in android and iso store.

RERA Rules in Gujarat:

RERA (Real Estate Regulatory Authority)

1. Mandatory Registration:
- All residential and commercial real estate projects with an area exceeding 500 square meters or having more than 8 units must be registered with GUJRERA.

2. Project Details:
- Builders and developers are obligated to disclose complete project details, including project plans, approvals, land status, amenities, construction timelines, and other relevant information on the RERA website.

3. Buyer Protection:
- RERA safeguards the buyers interests by ensuring transparency, preventing fraudulent practices, and providing a platform for dispute resolution.

4. Carpet Area:
- Buyers pay only for the carpet area, not for super build -up area, excluding common areas like balconies, stairs, and lobbies.

5. Advance Payments:
- Builders cannot charge more than 10% as an advance payment from buyers.

6. Dispute Resolution:
- RERA provides a platform for resolving disputes between buyers and builders within a specified timeframe.

7. Registration Fees:
- Both builders and buyers need to pay registration fees, which vary based on project size.

You can check all the information on the RERA office site and also download the "Gujarat Rera" app in the play store and apple store.

Click on the link below:
https://gujrera.gujarat.gov.in/index.html

Android: https://play.google.com/store/apps/details?id=com.gujarat.rera

ios: https://apps.apple.com/in/app/gujarat-rera/id1521649964

Stamp Duty and Registration Charges in Gujarat :

Stamp Duty Charges:
• Basic rate: 3.5%
• Total rate (including surcharge): 4.9%

Registration Charges :
• General rate: 1%
• Women buyers: 0%

Additional Charges
• Folio fees: A nominal charge.
• Index fees: A fee for each copy of the document.
• Advocate fees: For legal assistance.