Kiran Kumar, Chennai
Q: Please let me know what fire safety one should keep in mind for home?

Latest Answer: Installing an adequate number of suitable smoke alarms and testing them regularly is the first step in your home fire safety plan. Having a written escape plan in case of fire and practicing it regularly. Make sure keys to all locked doors are readily accessible in case you need to escape. Never leave cooking or any other open flame including candles or oil burners unattended. Clean the lint filter of your clothes dryer each and every time you use it. Never smoke in bed and take extra care if consuming alcohol whilst smoking. In Winter take extra care when using heaters, electric blankets or open fires. Dont overload power points and switch off appliances when not in use. Always keep lighters and matches away from children and educate them that they are tools not toys to only be used by responsible adults. If you have a garage or shed remember to take extra care with any stored chemicals and fuels and always refuel mowers, edgers etc when they are cold and in the open.

Q: Hi , I am planning to invest in VGN Dynasty. I want to know is it worth that I get good return from my investment in next 5 yrs.
Latest Answer: Hi, Recently I have contacted the builder for this project and he told me that this project is almost sold out and few units are available with 740 sq ft area in 2BHK and the price what the builder is quoted is Rs 2700 per sq ft and overall cost of the unit is 23.5 lakh excluding car parking. Car parking is optional and car parking charge is 3 lakh.

Q: Give description about your Question.
Latest Answer: Hi, It is a very important part of the documentation while buying properties and most of the people will not aware about this certificate. structural safety certificate basically certifies that the structural plans and details of the building submitted for approval satisfy the structural safety requirements for all situations including natural disasters like cyclone and earthquake etc..

Q: Will PE attracts residential real estate sector?
Latest Answer: Hi, Real estate funds infused equity in various projects with an aim to get higher returns. However, private equity funds faced many issues in projects that had an equity exposure, In case of projects that had to be terminated, equity contributors were given the last preference and as a result, lot of capital was eroded, as the developer had to prioritize debtors.

Q: I am planning to buy 30*40 plot in chennai please suggest some good location and project as well?
Latest Answer: There are some very good residential plots coming up in Chennai in ECR, one property really caught my attention, Marina by Radiance Realty, it really does stand out and offers a scenic view which is pleasant, also the realtors are good. You can check the details of the property here http://bit.ly/1SRpVpA

Q: some one please guide me and tell about Elegants Pinnacle @ OMR road, Chennai?
Latest Answer: Hi kaushal, project is approved by CMDA and also tie up with HDFC Bank ,Axis Bank ,LIC Housing Finance Ltd, State Bank of India.

Q: Give description about your Question.

Latest Answer: HI what is the update on this project ? what is the next plan for State Highway Department?

Q: Hi, is this project good for end use and how is the location of the project???
Latest Answer: what all amenities are planned in this project?

Q: Hi I am planning to buy a property here. Please let me know is it good for investment purpose ? How is the connectivity from Perambur to other parts of the city?
Latest Answer: I want to know the current ongoing price trends in Perambur ? Which are the good projects in Perambur which is worth investing? Can you tell me the price details as well. Can you name some of the good developers ?

Q: Hey heard that several new residential launches coming up and most of them are concentrated in the region around Kelambakkam. Kindly discuss on this news and let me know.
Latest Answer: If your are interested in villa please contact me for good projects . 93828 22333

Q: Hi, I am planning to buy a plot here. Can you tell me which all plots are available ? Also let me know the price range ?
Latest Answer: Hello, you can follow this link for your requirements Om Shakthy Kanopus OR Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Q: Planning to buy a 3bhk apartment. I would like to know which color would be best for drawing room and master bedroom.
Latest Answer: @Kiran: for master bedroom; the best shades are that of cream, lemon, light green (the pista green). For Drawing room - white, cream, peach. A wall with yellow base is also considered auspicious - so you may opt for a designer wall with a yellow base too. Besties!

Q: Which all banks have approvals for home loans in this project ? How is the locality of the project ?
Latest Answer: Hello, you can follow this link for your requirements StepsStone Sai Dharaa, Chennai OR Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Q: Hey Is there any units available ? Can you tell me the price range ? Also let me know the how is the locality of the project ?
Latest Answer: Hello, you can follow this link for your requirements Acchyuthans Matsyam Manor, Chennai OR Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Q: Hi can anyone tell me some details about the project ?? I am interested in this project. Please share the price details as well.

Latest Answer: Hello, you can follow this link for your requirements The Botanika OR Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Q: What is the current price per sq ft ??? How is the locality of the project ???

Latest Answer: Please let me know the exact location in Ekkaduthangal?

Q: Which all units are available currently ? Can you tell me the price details and location details ?

Latest Answer: This project is almost ready, it is located on Velmurugan Street, Ganesh Nagar, Kilkattalai. The location is good, i liked the place and the construction work.

Q: I am interested in 3bhk. Can you tell me how is the location of the project ?? Any good schools near by ?

Latest Answer: As far as I know you can get good returns as it is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments are quiet famous here, It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.

Q: How is the location of the project ? Is there any schools near by ??

Latest Answer: It is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments as well as many luxury projects are coming up. It is good for long term investments and enduse purpose. Within 5 years you can expect good appreciation.

Q: Is there any availability for resale ? I m planning to buy a property here. If anyone know details please share.

Latest Answer: Hello, you can follow this link for your requirements. List your property for sale at List property for sale to find right buyer

Q: Is Chennai Metropolitan Area going to expand..??
Latest Answer: Owing to the rapid development of areas outside CMA, the housing and urban development department has decided to integrate these developments with Chennai city.

Q: Hi..i live in Alwarpet in Chennai. I have a car but don't have space to park. Please help.
Latest Answer: I live in ashok nagar chennai. I am planning on buying a car if I find a parking space for rental near my place since I dont have one. can anyone help?

Q: Hi..looking a for a 2bhk apartment in Ayanambakkam. My friend told me about Fomra Celebration. Please give me details along with feedback.
Latest Answer: when was the Possession Date....in advertisement of your hoardings in front of celebration apartments you have mentioned Dec2014....But other competitors like dugar & Guru Brindhaven are bit fast more than you..i was roaming around in that area...to look for a apartments, finally i was ok with the Guru Brindhaven,,, I think fomra celebration also going to follow the footsteps of S&P Residency................S&P almost took 2 years...still now they have not delivered the proj..gods Grace i have moved out from fomra celebration...but in marketing they have promised , project will get over by December....So now guru brindhaven is my Destiny

Q: Hi..please let me know if there is any new residential project in Chennai..??
Latest Answer: Hi Kiran.."The Point " is offering three bedroom signature apartments of size ranging from 2,260 sq ft to 2,360 sqft. Apartments are spacious and have large living-dining room outfitted with large continuous decks. The construction work will commence in first week of April 2013, and is expected to completed by March 2015.

Q: hi..i heard that Casa Grande has launched a new residential project "Casa Grande Platina" in Chennai. Kindly give me details of this project

Latest Answer: Dont go with Lodha pls we are suffering

Q: Hi...which is the tallest building in Chennai. I heard that it is a residential project.??

Latest Answer: Hi, chennai is one of the attractive destination in residential market and as far as tallest building construction market is concerned builder is looking forward in this regards. hear is the list of tallest builder which is in under construction stages: 1 Seagull by House of Hiranandani 170 metres . 2 ) Bayview by House of Hiranandani 3 Akshaya 4)Tiana by House of Hiranandani.

Q: Hi..i have bought a plot through the approval of Village panchayat. And yes this plot was earlier a agricultural wet land. Can i get approval of this plot..?/

Latest Answer: Hi Mr kumar.. agricultural land which is converted to residential land cannot get approval from Village panchayat .If approved it will be a illegal plot.

Q: Hi , i am designer( Hand bags, purse). I am from Chennai. I want to re locate my boutique in Delhi. After few suggestion by my friends, i opted for Connaught Place area. I have no clue about the sq ft area and additional charges for rent or buy. Need information about this area, Kindly help

Latest Answer: Hi Kiran, CP commercial rental rates for shops are averaging Rs 800 - 1000 sq feet and the minimum rent rate in Rs 50,000. You can check out the ground floor for your showroom which will be helpfull for you.The larger shops are renting for less but it's only a matter of time once the Retail brands flock to this area in big numbers.

Q: I am a designer. I design hand bags. I want to re locate my boutique from Chennai to Delhi. After a little bit research got to know Connaught Place is a good commercial space, but i have no clue about the area and rates per sq ft. Need to know the rates per sq ft, the availability of space also is there any new commercial mall comming up.


Q: I heard that Tamil Nadu has got the second ranking for transparency in realty. On what basis was the survey done to prove the transparency?

Latest Answer: 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.

Q: What are the improvement the corporation is planning to give the city a better infrastructure?

Latest Answer: Coimbatore Corporation is going to improve infrastructure likes roads, flyover, traffic, parking facilities, transportation, pedestrian walkways and many more.

Q: How to get EC certificate for a particular property? I do not have details about the land apart from its location and address. Please help.

Latest Answer: 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.

Q: What is the government going to do to help the homeless people of Chennai?

Latest Answer: Finally the government has decided to count the number of the homeless people and segregate them as a separate category.

Q: The construction of illegal building in Chennai are still going on. What is the civic body doing about this?

Latest Answer: 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.

Q: I do not want to pay the capital gains tax as I want to use the money for paying the home loan which I applied before this capital gains occured and I am the successor of this family property. After repaying can I avoid the capital gains tax?

Latest Answer: 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.

Q: Hi, I am searching for a rented flat in Ashoknagar and the flat should have air conditioner, geysers and inverter facility. Can anyone tell me what will be the rental value?

Latest Answer: 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.

Q: How are the trees getting affected? How can we save trees from falling?

Latest Answer: 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.

Q: I just got a land plot through auction in Chennai. The problem is the previous buyer did not register it and I do not want to face any legal hassle because of it. Could you please suggest what can be done prior to land registration?

Latest Answer: 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.

Q: The Chennai people were facing a lot of problem as there was power crisis and more over the scorching heat. Will the rain help the people to survive from power crisis as well as beat the heat?

Latest Answer: 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.

Q: It is an endless or tough discussions that which one is more preferable and will last long an Apartments or an Independent house.Please suggest which one is better: an apartment or an independent house?

Latest Answer: 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.

Q: Is it true that the Chennai government is taking steps to serve the people below poverty line with the basic needs. What the government is going to do to fulfil the needs of the BPL people?

Latest Answer: 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.

Q: Property brokers say booking momentum is low in most market. How can the prices be reduced at the time when taxes, premium, labor cost are so high?

Latest Answer: 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.

Q: I am an NRI having a property in India. Can you please help me with on which funds, repatriation is allowed in India?

Latest Answer: 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.

Q: I am interested in buying a property but have some doubts about its approvals by the authorities. How to find if the builder has got all approvals from corresponding authorities?

Latest Answer: 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.

Q: I want to have a tile flooring style in my home. Give me some ideas on this type of flooring style.

Latest Answer: 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.

Q: I am a resident of DLF Garden City,Chennai. Will this sudden rise in taxes affect residential projects also?

Latest Answer: 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.

Q: I am a resident of Chennai. How is green living coming up in this city?

Latest Answer: 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.

Q: I have bought a property recently. Do I need to register it? What is the main purpose of registration of property?

Latest Answer: 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.

Q: Is any stamp duty or registration fees required for registering a will? Please advice.

Latest Answer: 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.

Q: I have booked an apartment in one of the high rise buildings in Hyderabad. I want to know if the builder has taken an NOC. What documents should I look for?

Latest Answer: 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.

Q: How to get EC certificate for a particular property? I do not have details about the land apart from its location and address. Please help.

Latest Answer: 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.

Q: I want to apply for home loan jointly with my spouse. What are the things I should be aware of?

Latest Answer: 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.

Q: I am hearing a lot about KYC. What is it all about?

Latest Answer: 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

Q: I am a property owner in ECR region, Chennai. I came to know it is a DC land. I want to sell this property. How can I do that? Please help.

Latest Answer: 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.

Q: How did the recession between 2007-2010 hit the real estate market in India?

Latest Answer: 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.

Q: I have read in news that one political party is claiming there is no land scam in HP. But other is claiming there are land scams. Please throw some light on the matter.

Latest Answer: 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.

Q: Hi, I am a business man and I often travel across India to manage my work. I am looking for a rented apartment which should be located near to the airport.

Latest Answer: I would suggest you to choose Mahindra Aura Phase II . This apartment is just 5 to 10 km far from the airport.

Q: Recently, I have purchased a flat at Shyamved Residency, Ahmedabad. I want to insure my flat with house insurance policies. What benefits I would get if I do so?

Latest Answer: 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.

Q: I am planning to rent my apartment in Chennai to tenants. What should I look for in the applications?

Latest Answer: 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.

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