I heard that Tamil Nadu has got the second ranking for transparency in realty. On what basis was the ... [more..]
According to sources, the survey was based on the factors of progressive business environment, market information, reforms in urban local bodies and also protection of property rights.
What are the improvement the corporation is planning to give the city a better infrastructure?
Coimbatore Corporation is going to improve infrastructure likes roads, flyover, traffic, parking facilities, transportation, pedestrian walkways and many more.
How to get EC certificate for a particular property? I do not have details about the land apart from ... [more..]
You need to know the Survey Number of your property to get the Encumburance Certificate. Details of survey number can be obtained by seeking survey number of property near your property.After getting the survey number, you can apply for Encumburance Certificate through registrator office.
What is the government going to do to help the homeless people of Chennai?
Finally the government has decided to count the number of the homeless people and segregate them as a separate category.
The construction of illegal building in Chennai are still going on. What is the civic body doing abo ... [more..]
The builder or the developers seems not to care for the issue and seem to continue their construction work without any approval. It seems that they follow courts order as eyewash.
I do not want to pay the capital gains tax as I want to use the money for paying the home loan which ... [more..]
The possession of the property with home loan should not be much older then 12 months before the sale of the property. The family property which you have sold as a successor must have been held for atleast three years. If you have followed all these then you can save the capital gains tax and repay the home loan.
The capital investments (house, buildings, real estate, bank deposits) are considered long term if the holding period is 3 or more years. A capital gains tax (CGT) is a tax charged on capital gains and a capital gain is income derived from the sale of an investment. If you do not want to pay the capital gains tax Buy a new house (Section 54 of the Income Tax Act) within a year of selling the house or within two years from the date of transfer or construct a new home within three years of the date of sale. The exemption amount, in this case, is restricted to the cost of the new house property. You can buy bonds issued by the Rural Electrification Corporation, National Highways Authority of India [ Images ] and National Bank of Agricultural and Rural Development.
Hi, I am searching for a rented flat in Ashoknagar and the flat should have air conditioner, geysers ... [more..]
Post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
As Ashoknagar is a well developed area with good connectivity it depends on the location you are searching for and the parameters like flooring, maintenance etc. In some areas the rent will be 25,000 to 30,000 amd in some areas it will be 40,000.
How are the trees getting affected? How can we save trees from falling?
Trees are getting affected in many ways like some damages are caused during contructing apartments or houses. People have forgotten that trees play an important role in every humans life by absorbing carbondioxide and protecting from pollution and water resources with out trees people cannot survive in this planet. In recent study by NASA it is found that the houses that have plants indoor people of thoses houses are healthier and they never face any respiratory problems.
I just got a land plot through auction in Chennai. The problem is the previous buyer did not registe ... [more..]
Before registering the land just get in touch with a renowned land surveyor of your area. The exact measurements along with the borders can be taken and a survey sketch can be obtained from the survey department for future comparisons.
The Chennai people were facing a lot of problem as there was power crisis and more over the scorchi ... [more..]
After long time the Chennai people got relief and the rain pour down. It has sorted the problem of power crisis and the farmers also switched to rain water which helps to save lot of electricity and in households the usage of air-conditioner, fans and other cooling equipments will also go down. The drop in demand has brought a smile in the faces of the people of Chennai as well as it helps the TNEB to cut down on power purchase.
It is an endless or tough discussions that which one is more preferable and will last long an Apartm ... [more..]
The prices of the land is touching the sky which made the purchase of the site and the construction of a house almost impossible and moreover the cost of an independent house is in dismay. Now a days customers are prefering comumnity living more attractive because of the facilities offered as well as the ease in handling maintainance and security. To build an individual house it need a proper contractor as well as proper design. Infact fresh land for individual houses are not available now a days. So people prefer to go for a flat or an appartment. Apartments are unlikely to remain in a perfect state for over 30 years.
Is it true that the Chennai government is taking steps to serve the people below poverty line with t ... [more..]
The Municipal Administration and Water supply are trying to solve the basic needs of the people who comes under the below poverty line by providing houses, proper water supply, drainage system, the one who already have ahouse will be provided with proper dumping pit, proper construction of toilets and water supply. The government is trying hard to make these BPL family survive and they are exception that the project will get completed withing a period of five years.
Property brokers say booking momentum is low in most market. How can the prices be reduced at the ti ... [more..]
It seems that during festival season the developers are confident that the booking will pick up, property developers tries their best to woo the buyers with festival offers but now a days buyers are looking for significant correction in property price rather than the offers or freesbie.
I am an NRI having a property in India. Can you please help me with on which funds, repatriation is ... [more..]
You can avail repatriation facility on- sale proceeds of immovable property acquired in India, assets acquired by inheritance, refund of application or money on account of non-allotment of flats/plots/cancellation of booking and citizens of India residing in South East Asia needs to take permission from Reserve Bank of India.
I am interested in buying a property but have some doubts about its approvals by the authorities. Ho ... [more..]
If you want to know if your apartment is approved or not then you can ask your builder to provide you with the approval details or the concerned documents from the civic bodies, municipal authorities, development authorities, banks, etc.
I want to have a tile flooring style in my home. Give me some ideas on this type of flooring style. ... [more..]
Tile flooring is all-time style used in many houses. Marble, porcelain, and ceramic are some of the common yet eye-catchy types of tiles which can give your home a stunning look. These materials hold better durability, unlike other flooring products.
I am a resident of DLF Garden City,Chennai. Will this sudden rise in taxes affect residential projec ... [more..]
There is nothing to worry for the residents of any residential development. DLF is not going to touch their residential projects,it has never sold its buildings and other developed assests till date. It has planned to sell only those properties like some IT Parks,Hotels which provides low income.
I am a resident of Chennai. How is green living coming up in this city?
Green living is a big mantra nowadays especially on Chennai. People are leading a healthy lifestyle due to this scheme in the city.Some of the apartment community projects are not open to public in regard with the Open Space Reservation. The apartment associations are spending nearly Rs. 40,000 per month for the maintenance of the greens and also using nearly about 1 lakh litres of treated sewage water for gardening.
I have bought a property recently. Do I need to register it? What is the main purpose of registratio ... [more..]
The main purpose of registering a property is to make it permanent in public record.. This is a notice to the general public. If you transferring your property then you should verify whether such property has been previously encumbered. Second reason for registration is that according to Transfer of Property Act right, title or interest can be acquired only if the deed is registered.
Is any stamp duty or registration fees required for registering a will? Please advice.
There is no stamp duty required for will deed. For registering a will in the lifetime of the executor, afees of Rs 200 is charged. If the executor is dead, then a registration fees of Rs 200 and enquiry fees of Rs 250 is charged.
I have booked an apartment in one of the high rise buildings in Hyderabad. I want to know if the bui ... [more..]
Once the builder have construction plans of high rise buildings then they should claim the NOC from the fire service department and the Airport Authority of India (AAI). However most of the builders are ignoring to claim the certificate. In such case state Government departments take srtict measures to avoid legal issues. Some apartments also undergo demolition drive for being illegal and constructed against sanctioned plan.
How to get EC certificate for a particular property? I do not have details about the land apart from ... [more..]
You need to know the Survey Number of your property to get the Encumburance Certificate. Details of survey number can be obtained by seeking survey number of property near your property.After getting the survey number, you can apply for Encumburance Certificate through registrator office.
I want to apply for home loan jointly with my spouse. What are the things I should be aware of?
Is the property a self occupied property or for purpose of rental? When you jointly apply for a loan along with your spouse for a self-occupied property, it has to be held by you both in equal proportion and both the spouses would be able to claim deduction on the principal and the interest repaid separately from your both incomes to the extent of your respective share in the house and the loan.
I am hearing a lot about KYC. What is it all about?
Know Your Customer [KYC] is required when bank feels it necessary to obtain additional information from existing customers or opening a new account. Banks have been taking KYC documents in accordance with the guidelines issued by RBI
I am a property owner in ECR region, Chennai. I came to know it is a DC land. I want to sell this pr ... [more..]
First take proper information of the land being DC from the tehsildar or municipal authorities under which your land falls. If it is a DC land, then take permission from commissioner or District collector for sale or transfer of DC land.
How did the recession between 2007-2010 hit the real estate market in India?
Mumbai, Pune, Delhi market got less hit by the recession effect. Bangalore slowly recovered post recession because most of the property buyers here are IT professionals. Buyers in Bangalore knew what is happening around the globe and they knew the risk. Delhi and Mumbai have more of businessmen, so got less hit by recession.
I have read in news that one political party is claiming there is no land scam in HP. But other is c ... [more..]
It is still not clear about the matter. I feel the political parties are taking out internal enemity on one another. The government has appointed a judicial commission for unearthing illegal land deals that have taken place in the state. The Lokayukta present in the state will also check on the same.
Hi, I am a business man and I often travel across India to manage my work. I am looking for a rented ... [more..]
I would suggest you to choose Mahindra Aura Phase II . This apartment is just 5 to 10 km far from the airport.
Recently, I have purchased a flat at Shyamved Residency, Ahmedabad. I want to insure my flat with ho ... [more..]
That is a good idea of insuring your own house. Your house insurance will cover risk from fire, earthquake, flood, thefts and robbery, jewellery in house (less than Rs 15000), domestic appliances, expensive electronic equipments, unannounced liability, etc. But it does not cover risk against cash.You get to protect your interest as an individual/family, protect yourself if you have taken any home loan or protect yourself from any unpredictable liability. You can contact your nearest banks for the policies.
I am planning to rent my apartment in Chennai to tenants. What should I look for in the applications ... [more..]
You have the right to reject prospective tenant application that does not meet the criteria or tenant with unsatisfactory reference from landlords or employer. The criteria you should look for are criminal record, inadequate rental history, income level, pets of the tenants, tenants’ vehicles for parking, history of late rental payments, tenants irritating neighbors, evidence of illegal activity, many people in the tenants’ family. if interested you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.