Q:
I heard that the Sinhagad road near Pune will remain closed for the construction of flyover and traffic for four days and we have to take a diversion, What are the alternative routes we can use to travel from Pune to Narhe and from Sinhagad to Pune, how much time it will take to complete the work of the flyover.
Latest Answer: Hi Surya, I am also residing in Pune, so if the Sinhagad road remains closed due to the flyover construction then people coming from Pune to Narhe have to take an alternative roads from Manikbaug to outer road of Sinhagad and then to Narhe and those who are coming from Sinhagad to Pune will have to take the route from Nanded Phata to D S K Vishwa, Dhayari Phata and Manikbaug, the flyover work will be carried out from 18th October to 21st October at night.
Latest Answer: They possess a renowned brand name which itself is a stamp of credibility and assurance as the quality of project and its execution, construction and design all mark their reliability. So, the realty firm with a corporate brand makes it worth the while to take a calculated risk. It is the brand name of Godrej Frontier that the firm managed to sell over 200 apartments within two days of launch, even though it was not officially announced. Moreover investors were not dwindled by the fact that it is close to Manesar and is the group's first project in Northern India.
Q:
Real Estate is a blooming industry and almost all the leading brands are moving a step ahead in the same. How easily one can trust in the venture they are taking in as they are new to the Real Estate?
Latest Answer: The brand name proves all. Naming a few: Tatas (Tata Housing), Godrej (Godrej Properties), Oberoi Group (Oberoi Realty), Hero Honda Group (Arrow Infratech), Essel (Suncity), Jaypee (Jaypee Greens), Paras (Paras Buildtech) all are renowned that we blind foldedly fall for their products. So, they will obviously maintain their brand name. Same applies for the investors as well. They are reliable of the fame the companies possess.
Latest Answer: Vikhroli has lush green mangrove forests on one side and an array of infrastructure on the other. This region is less noisier than other parts of Mumbai.
Latest Answer: Almost 90% of properties in Karol Bagh are on Leasehold. The only disadvantage is that the banks don’t give out loans for Leasehold properties. You can even get the property converted from leasehold to freehold by paying a premium. The lease agreement/allotment letter of land first issued is the only document needed.
Q:
HI, recently I had booked a Villa in Royal Garden Upkar, Zuzuwadi, Hosur. I had applied for a loan from LIC. Now, the LIC has stopped funding the project and the reason they quote is the approval problems. What exactly do they mean this?
Latest Answer: The property rates are expected fall by 10-15% due to the amassing debt of over Rs 38,000 crore for the top 11 builders. So, the banks are not easily giving out loans to build property at this moment.
Q:
I have a land in Jaypee sport city, Greater noida. I gave token money to a broker to sell the land. But later I decided not to sell. So are there any legal issues because of this?
Latest Answer: Hey, have you given all the documents of your property to the broker? If not, then you should not worry since there is no legal contract with brokers.
Latest Answer: Condos or such accommodations are quite a new concept in India, still in nascent stages. You can buy such rooms, where in you are entitled to live for 30 to 60 days an year. The remaining time, the room is rented out by the hotel authorities.
Q:
Sir, I am residing in a 2BHK flat since 1999. I have already spent more than 11 years in this apartment along with my neighbors. I have always paid my monthly rentals in time. The builder wants to smash our apartment completely and build a commercial building in this very place. Few days back our landlord asked all his tenants to leave this apartment within 5 months. Its been so long I am residing here and I don't want to leave my flat. What shall I do, give me a proper suggestion.
Latest Answer: As I can understand your case, I would suggest you to get the help of a lawyer as soon as possible. For the time being there's no need to panic because your landlord has not sent you any written order. Before he does so, know all the tenancy rights from your lawyer and gather all documents that proves your 11 years tenancy.
Latest Answer: You need to fill up two forms such as Customer Information Sheet and Declaration of Name and Ownership form. In Customer Information Sheet the customer has to fill all the information about the owners of the property. This form should be submitted with all required documents. In the second form you need to certify your full name without using any initials.
Latest Answer: Both have pros and cons in their own fields. Investing in realty stocks is easily done. It is easy to buy and sell. It is good for short term purpose. Buying a property is for longer term and capital gets stuck in the investment. Exiting is a longer process. But buying a property is more profitable than realty stocks.
Latest Answer: Affordable house is a dwelling units whose total housing costs are deemed affordable to those that have a median income,household's inhabitants must decide whether to pay more for housing to keep commuting time and expense low. If you are looking for affordable house in chennai you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
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