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Real Estate Forum in India

Real Estate Property Discussion Forum and Guide to Real Estate Queries in India

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Q: Have you read the news today the government has provided flexible two exit routes for foreign investors from construction projects.
Latest Answer: One, the foreign investor can exit on completion of a project or after developing main infrastructure like roads, water supply, street lighting, drainage and sewerage. Secondly, foreign investors have also been allowed to back to their own country before or after completion of the project subject to clearance by foreign investment promotion board on a case to case basis.

Q: Looking for a broadband connection. Can someone please let me know the ISPs providing broadband service in the apartment?
Latest Answer: Thanks Soundarya GS. I have already placed a request with ACT to check the coverage. Airtel is too expensive. Thanks for informing about Tikona. Will check with them.

Q: DDA has started examining applications of the allottees in the recent draw following allegations of discrepancies in the result.
Latest Answer: On the off chance that you have not figured out how to get a level in the Delhi Development Authority's (DDA) lodging plan.. Don't lose heart - Another open door for the AAM AADMI to get a home after DDA. Check here Affordable Homes Gurgaon http://www.affordablehomesgurgaon.in/

Q: How much amount they have invested in this project? What is the name of the project and what is the status of the project?
Latest Answer: Amplus Capital Advisors Pvt. Ltd has invested around 35 crore in a project owned by the Bengaluru based builder Jain Heights. The capital investment made by Amplus Capital is for Jain Heights’ residential project in Yeshwantpur, Bengaluru and will be focusing on acquiring the land required for initiating the project

Q: Hi Guys,

I have a property in Premier Exotica Kurla Building 3 and am now being asked to pay 3rd installment as well as register the flat. got a letter dated 1st nov. i also got a similar demand notice in oct for which ive paid the installment.

They have along with their demand notice attached a letter from Bidco Engineering Division (bandra East) which mentions that construction work of specific property has been completed upto 2nd floor Slab.

Should i make the payment and register the flat/document.?
What documents should i be asking from them?
Can there be a interest payable by them for the construction delay? (bought prior to 2011)
can they levy a penalty of 21% p.a (as per their letter) on us for delaying payment of installments ?

Will appreciate all the help

Latest Answer: The most important document is "Completion Certificate". On handing over the flat to you, the builder must also give a completion certificate. This is issued by Municipal authorities of the particular area which confirms that the building is in accordance with the approved plan. You would require this certificate for registration of your property and other government formalities.

Also see discussions for
Q: i want to know about the society called parsvnath paramount. i want to buy a flat there for residential purpose.
Latest Answer: Hi, You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.

Q: Looking for some information about the project. Can anyone brief me with all the details about the project?
Latest Answer: K.R. Puram is surrounded by Mallasandra to the east, Avalahalli to the north, Ramamurthy Nagar to the west, and Whitefield to the south. Despite being known for the big market, the area is very peaceful and naturally appealing because of the existence of greenery and the lakes in the vicinity. The presence of IT parks in close vicinity is attracting more people to consider choosing K. R. Puram for residential purposes. Due to the availability of a homely atmosphere and accessibility of good facilities, the area is experiencing a rapid growth in the residential sector as well. With many employees working majorly in the Whitefield and ITPL area choosing to stay close by, K. R. Puram has benefited a lot. The average sale price for a multi-storeyed apartments in K.R. Puram is Rs 3,250 per sq. ft and that for a residential house is Rs 5,400 per sq. ft.

Q: Hello guys, I am planning to take a villa or an independent house in Shaikpet and wanted to know the details about the Theme Ambience Lake View project that is going on there. Can someone please give me the details about it?
Latest Answer: This project has banks ofering loans. HDFC bank and ICICI bank are providing loans for the villas. Hey I have come across some info on this project here, you can check it out here if you want :) http://www.commonfloor.com/lake-view-hyderabad/povp-dqg0xl

Q: Helo guys, I am a software engineer and my work place is in hi tech city. I want to take a place near to my work and was thinking of Shaikpet. I want to purchase an apartment in the Super Corona apartment, but i dont have enough information on it. Can somebody help me and tell me anything about the project?
Latest Answer: Super corona is set in a good location with lots of shops and greenery around. but Super corona is not constructed yet i think. The possession date for these apartments was announced to start from march 2015. So right now they are still being constructed.

Q: Hey guys, how is the upcoming Adithya Villa Grande project in Bowenpally? What are the facilities that are being provided here?
Latest Answer: I have heard about this project too! The price of these luxury villas starts at 1.7 crore!! That is a little pricey if you ask me. The average price per sq ft in this area is around 4000 rupees per sq ft. But if you can afford it, then go for it!

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