Raj Roy, Delhi
Posted Discussions
Posted Replies

Super Area Vs Builtup Area
Q: Hi, I have requested to Proview persons many times but they are not able to provide the same. I have doubt Proview will face major problem to get completion certificate of Apartment. Proview team manipulating calculation to get extra money from apartment buyrs. I have requested to all Buyer please ask to Proview about the flat bult-up area and calculation and area of common facilities.

My comments to replies
For example, in high-end projects, the builder gives facilities that are significantly more superior than the recommended standards and consequently therefore the possibility of using the available FAR for developing to an sale-able unit. So,the developer puts finance pressure on buyers in the form of an increased base price and higher loading.
Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.
21st August 2015

What is Super built up area?
Q: I heard about super built up area, but I want to know what exactly it is.

My comments to replies
For example, in high-end projects, the builder gives facilities that are significantly more superior than the recommended standards and consequently therefore the possibility of using the available FAR for developing to an sale-able unit. So,the developer puts finance pressure on buyers in the form of an increased base price and higher loading.
Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.
25th August 2015

What is an Encumbrance Certificate?
Q: What is an Encumbrance Certificate? Please give some details.

My replies to this discussion
Hey guys, I just purchased an apartment. I want to know from where I can obtain EC? What is the important of an EC?Hey guys, I just purchased an apartment. I want to know from where I can obtain EC? What is the important of an EC?
Real estate regulatory bill.
Q: What will happen if the central government implement the real state regulatory bill?

My replies to this discussion
Hi everybody, What I think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Property buyers had a very difficult time dealing with the builders. Please be aware that builders charge 18-24% interest if there is delay in the payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.Hi everybody, What I think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Property buyers had a very difficult time dealing with the builders. Please be aware that builders charge 18-24% interest if there is delay in the payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
My comments to replies
Hey Guys, According to the latest news, congress individuals in the parliamentary joint committee investigating the alternations in the Real Estate Bill have requested that all projects, regardless of size ought to be guided under the proposed law. Kindly discuss about it.
Hey Jeet, As per news, this perspective as contradiction note by Congress has astonished many people, like even the original bill that UPA government had conveyed to the Parliament had the procurement that all projects could register with the regulator just if these projects were constructed on plots ranging more than 1,000 sq-mtrs.
3rd August 2015

Hi everybody, What I think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Property buyers had a very difficult time dealing with the builders. Please be aware that builders charge 18-24% interest if there is delay in the payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
Righ Arpit, The number of fights have seen between home buyers and realty developers due to delay in project completion and it can come down if the bill is making it mandatory for the builder to maintain 50% of customer advances in an escrow account within 15 days of receiving the money from buyers.
23rd July 2015

Carpet area
Q: What is the carpet area for the 3 Br.2164 sq ft super built area apartment? Ireo Grand arch

My comments to replies
For example, in high-end projects, the builder gives facilities that are significantly more superior than the recommended standards and consequently therefore the possibility of using the available FAR for developing to an sale-able unit. So,the developer puts finance pressure on buyers in the form of an increased base price and higher loading.
Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.
22nd August 2015

Real estate regulation bill
Q: Did the real estate regulation bill got approved by Goverment or is it atill pending?

My comments to replies
Hey Guys, According to the latest news, congress individuals in the parliamentary joint committee investigating the alternations in the Real Estate Bill have requested that all projects, regardless of size ought to be guided under the proposed law. Kindly discuss about it.
Hey Jeet, As per news, this perspective as contradiction note by Congress has astonished many people, like even the original bill that UPA government had conveyed to the Parliament had the procurement that all projects could register with the regulator just if these projects were constructed on plots ranging more than 1,000 sq-mtrs.
3rd August 2015

Status of Delhi Master Plan 2021
Q: Hi, has the master plan got all approvals? When it will be in progress?

My comments to replies
Hi Guys, As per the latest news, there has been 3yrs & not less than 100 amendments later, now revised Master Plan for Delhi2021 is in final stage. The center is going to inform services for transit oriented development. In the mean while some amendments are already been executed. Kindly discuss.
Hi Asis, But there are a lot questions still confusing people. Is this a feasible plan? Will it be the modest answer for solving the current city sustainable development ? It is obvious that these questions will be in mind. Because no body knows How much of MPD-2021 has been executed in the city?
23rd September 2015

Hi Guys, As per the head of the department of urban planning in School of Planning and Architecture, Sanjukta Bhaduri, because of this technical discrepancy, there is no sanction LAP which is basic for any area's growth as well as development. Operational rules will provide help in controlling such disparities and help in quicker execution of the plan.
Guys, Presently, the amended arrangement proposes low-density residential areas (LDRA), which is an approach to regularize unlawful farmhouses. Development authorities said that, LDRA really permits all the more abiding units per plot. There are towns which are 300 years of age. There is a requirement for a unique arrangement to restore them.There's likewise a requirement for a moving procedure of getting ready for auspicious course-redress.
27th September 2015

What is meant by Carpet Area, Built-up Area and Super Built-up Area?
Q: Hi, I am planning to buy a residential property but is getting confused by the terms like carpet area, Built-up area and super built-up area.

My replies to this discussion
Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.
Real Estate in Delhi NCR
Q: Is Delhi NCR real estate is facing some problem? I dnt see any new launches in the area.

My replies to this discussion
Hey Guys, Any update on DelhiNCR real estate market condition? I mean overall how is this area behaving now a days ?Hey Guys, Any update on DelhiNCR real estate market condition? I mean overall how is this area behaving now a days ?
Which are the areas fall under the new circle rates?
Q: I stay in DLF , heard there are new circle rates coming up, so which are the new circle rate? and which are areas?

My replies to this discussion
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
My comments to replies
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.
21st August 2015

what are the new norms for real estate regulatory bill
Q: which are the new norms that are added in the draft bill?

My replies to this discussion
Hi everybody, What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.Hi everybody, What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
My comments to replies
Hi everybody, What i think is that the proposed Land Acquisition Bill would not impact the real estate sector as well as the developer in the country if handled in the right approach and right manner. Buyers had a difficult time dealing with the builder. Please be aware that builders charge 18-24% interest if there is delay in payment from our side and if there is delay from their side, they charge only 9% interest or no interest. It fully depends the nature of the developers. So, we need an efficient real estate regulator.
Righ Arpit, The number of fights have seen between home buyers and realty developers due to delay in project completion and it can come down if the bill is making it mandatory for the builder to maintain 50% of customer advances in an escrow account within 15 days of receiving the money from buyers.
24th July 2015

Hey Guys, According to the latest news, congress individuals in the parliamentary joint committee investigating the alternations in the Real Estate Bill have requested that all projects, regardless of size ought to be guided under the proposed law. Kindly discuss about it.
Hey Jeet, As per news, this perspective as contradiction note by Congress has astonished many people, like even the original bill that UPA government had conveyed to the Parliament had the procurement that all projects could register with the regulator just if these projects were constructed on plots ranging more than 1,000 sq-mtrs.
4th August 2015

We have purchased 1000 Sq yard property at Kot Farm in the year 2007.
Q: Each time I call the builder to enquire about the status, they say that it is ready and possession will start soon and to wait for their call. Till date I have not heard from them. Could someone advise me on the status of this property? Reena

My comments to replies
We had purchased a 1000 sq yard property from Ocean Seven Buildtech known as Kot Farm in 2007 and till date we have not received possession of it. We have visited the site many times and it remains undeveloped till date. We have contacted the builder many times and each time they promise possession within 2-3 months time. We had send them a legal notice and now we have filed a case against the builder at the State Consumer forum in Jaipur. If there are other in this forum who have bought plots at Kot Farm and still waiting for possession and would like to file a case against the builder.
Hi all, What is builder saying? Have they finished the construction work or still going on? Did you get any project possession date from the builder side?
14th December 2015

Hey.. i am going to purchase 3BHK apartment in Revanta Welfare Society on GT Karnal Road. I made this decision after investing alot about the zone, company background and other legal things but for the safer side i am posting here so that i can get advise from others too. Although i just love the facilities/amenities they are providing. I found all these things only with private builders. pls give ur views on it.

My comments to replies
how about investing in l zone revanta smart residency ... kindly comment ...
Hi Yangchen, As per my knowledge, Reventa Smart Residency is one of the prime affordable smart city project , located in L-Zone, Delhi. Here you will have 2BHK, 3BHK & 4BHK apartment, area ranging from 975 sq-ft to 2100 sq-ft. Builder quoted price is around 3205/sq-ft. It is expected that possession will be around 2019 March. It is going to be a co-operative housing society , develop by Revanta builder.
3rd June 2015

Land acquisition bill status
Q: Hi, any updates on the new land bill? When it will be announced, and what can we expect from it?

My replies to this discussion
Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.
My comments to replies
Hi Rubiya, I recently heard from news that, government on Monday sought to allay apprehensions on the Land Acquisition ordinance saying even farmers whose land was acquired for critical projects like atomic energy, petroleum and highways will also get compensation. By bringing this ordinance, we have done something which would benefit all the farmers.
Yes Mr Rajesh, i too heard about this news. Yes this is a great news indeed. But i heard opposition party is not supporting this new strong initiative. Congress has decided to oppose the land ordinance saying interests of farmers and livelihood losers would be "completely eliminated" if it becomes law as it reopens the route for forcible acquisition. Accusing the Modi government of antipathy towards farmers, social activist Anna Hazare today launched a two-day agitation against the controversial land acquisition ordinance here, coinciding with the commencement of the Budget session of Parliament.
24th February 2015

Hi, I heard from news that, Land Acquisition Bill that deals with the developers who have termed the center's move to let the land acquisition bill fall through as "disastrous". According to them the decision will affect infrastructure projects such as the coastal road, the nuclear power project at Jaitapur and other industrial projects across the state. Even national projects such as the industrial corridor will face difficulties. Land acquisition for railways, airports and power plants will be difficult.
Guys, Yesterday, Finance Minister replied back to the developers saying, let the land acquisition ordinance to lapse is not a problem for the government and the different route assumed by the Centre will provide greater flexibility to the states to deal with the issue.
2nd September 2015

delayed possession
Q: We are very upset with M2K is delaying the allotment of flats.They promised that November 2012...there is no word till date....we will never recommernd this buider to our family or friends....can anyone help here?

My comments to replies
Hi , I saw this project advertisement couple of days before. I am trying to get some information about the builder M2K infrastructure Pvt Ltd . How is the builder track record ?
@ Vibhor, According to me, their most notable projects are M2K Corporate Park, M2K Rohini Mall cum Multiplex and M2K Golden Villas. While enriched with the latest luxuries and trends of architecture, these projects also deliver economical lifestyle to their customers. With a team of highly qualified professionals the company is progressing well on its mission of exceeding customer expectation and enriching their lives by delivering superior quality projects.
4th February 2015

Why no work is started at Premia corporate city, Noida extension? Since last year it is in soft launch phase.
Q: Invested in Premia corporate city for retail Shop but want to cancel this now if there is no plan ahead for this project progress.

My comments to replies
Hi Guys, I am interested to invest on this project. I heard from my friends it is a very popular residential project. So may I know the Flexi payment plan of this project?
Hi Rajesh , As per my knowledge, this is indeed one of kind reiswnrial cum commercial project in Knowledge Park -5 , Greeater Noida. Yes this project has Flexi payment plan . As per this plan , you have to pay; At the time of booking- 10%, With in 30 days of booking- 40%+Car parking+Club membership+PLC, With in 180 to 365 days - 25%, With in 2 year- 25%, At the time of possession- Other charges.
11th February 2015

Did all the unauthorized colonies in Delhi got identification?
Q: What about the unauthorized colonies in Delhi, will this tax help them to get identity?

My replies to this discussion
Hi Gaurav, As per recent news, more than thirty percent of Delhis population live in areas designated by the government as unauthorised colonies, settlements that are officially categorised as illegal. One of seven unplanned settlement types designated by the Government of National Capital Territory of Delhi (GNCTD), these colonies are built in contravention of zoning regulations, developed either in violation of Delhis Master Plans (for 1962, 2001, and 2021) or on illegally subdivided agricultural land. In recent years, the government has undertaken a range of efforts to regularise these settlements and carry them across the line to full legitimacy.Hi Gaurav, As per recent news, more than thirty percent of Delhis population live in areas designated by the government as unauthorised colonies, settlements that are officially categorised as illegal. One of seven unplanned settlement types designated by the Government of National Capital Territory of Delhi (GNCTD), these colonies are built in contravention of zoning regulations, developed either in violation of Delhis Master Plans (for 1962, 2001, and 2021) or on illegally subdivided agricultural land. In recent years, the government has undertaken a range of efforts to regularise these settlements and carry them across the line to full legitimacy.
The circle rates in Noida
Q: Can any one define the circle rate and what is the recent circle rate of Noida

My replies to this discussion
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
My comments to replies
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.
18th August 2015

Is Delhi ncr the best place for real estate investment purpose ?
Q: I want invest money in delhi ncr realty market it is good for me or not suggest me the right suggestion....

My comments to replies
Hi Guys, According as far as anyone is concerned, the stretch in the middle of Gurgaon and Dwarka is seeing critical purchaser and speculator premium and is a standout amongst the most prime great realty showcases in the National Capital Region (NCR). It is likewise near to the worldwide air terminal. Dwarka Expressway, additionally called the Northern Peripheral Expressway, when complete would be an eight-path turnpike, being created by the Haryana Urban Development Authority (HUDA) at an expense of Rs 120 crore.
Yes Rajesh , i concur with you. As a piece of the Gurgaon-Manesar Master Plan 2021 (Urban Complex Plan), the interstate will associate Dwarka to National Highway 8. The proposed area will extend 18 kms, beginning from Dwarka and the inevitable unique monetary zones in Gurgaon and would join the NH 8 close Kherki Dhaula. The freeway will cut the travel time from west Delhi significantly. This region is a piece of 'New Gurgaon', which is being produced with better base, to match the principles set by Greater Noida.
25th February 2015

Review on Era Landmark in Sector 86 Gurgaon
Q: How is the project Era Landmark in Sector 86 Gurgaon? Has anyone bought flat there? What all are available presently?

My replies to this discussion
Hi Guys, I am a first time investor in this locality. I need some advice about this location. I went through these above said comments & I am trying to know what's the current price trend going on?Hi Guys, I am a first time investor in this locality. I need some advice about this location. I went through these above said comments & I am trying to know what's the current price trend going on?
Registration Fee in Noida
Q: What is the registration fee of property in Noida?

My replies to this discussion
Hi Vinu, As per y knowledge, registration fees for both male & female are 1 % in Noida (DELHI) . But stamp duty is different. For male it is 5% & for female it is around 3%.Hi Vinu, As per y knowledge, registration fees for both male & female are 1 % in Noida (DELHI) . But stamp duty is different. For male it is 5% & for female it is around 3%.
a fraud builder

My comments to replies
Hi, I am interested in this project. It will be my first ever investment on this region. So may i get any information about this builder? How is the track record ?
Hi Mr Patwa, Working with full focus towards achievement of its objective of developing residential and commercial spaces in a serene environment, the group focuses on meeting the requirements such as affordability and premium security of corporate and affluent classes who seek to settle in the Delhi and NCR. SS developer has created a variety of residential project and commercial complexes. SS builders is a leading name in the real estate industry as it renders professionalism, quality and value to its customers and clients with complete credibility and trust.
4th February 2015

Revised circle rates
Q: What is about the revised circles rates ? are they good for investors or builders

My replies to this discussion
On what basis they are increasing the circle rates of residential flats?On what basis they are increasing the circle rates of residential flats?
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
My comments to replies
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.
18th August 2015

DDA approves land pooling policy
Q: What is the latest status for land pooling policy??

My replies to this discussion
Hi , Do you guys know DDA has determined to invite application under land pooling policy in 2-3months ? Kindly share information about it.Hi , Do you guys know DDA has determined to invite application under land pooling policy in 2-3months ? Kindly share information about it.
Circle rates in NCR
Q: What is the latest update of Circle rate in NCR, did it increase???

My replies to this discussion
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
My comments to replies
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.
17th August 2015

Revised Land Acquisition Bill
Q: What will be the impact of land acquisition bill in the real estate market ?

My replies to this discussion
Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.
My comments to replies
Hi, I heard from news that, Land Acquisition Bill that deals with the developers who have termed the center's move to let the land acquisition bill fall through as "disastrous". According to them the decision will affect infrastructure projects such as the coastal road, the nuclear power project at Jaitapur and other industrial projects across the state. Even national projects such as the industrial corridor will face difficulties. Land acquisition for railways, airports and power plants will be difficult. Kindly discuss.
Guys, Yesterday, Finance Minister replied back to the developers saying, let the land acquisition ordinance to lapse is not a problem for the government and the different route assumed by the Centre will provide greater flexibility to the states to deal with the issue.
4th September 2015

Gaur City 2,11th avenue, Noida extension
Q: Hi, i am looking for the price trend of the this project and also what are the unit specifications..

My comments to replies
Hi, I am planning to book flat in gaur city-2 in 12th avenue. but i scared about land issue and hindan river which is pass out the gaur city-2 boundary.....Please suggest and share your view......
Hi Guys , I am keen to invest on this project. I want to know about flexi payment plan of this project. Kindly share some details.
18th September 2014

Smart Cities in India
Q: What makes a city smart city can anyone give me a brief description?

My replies to this discussion
Hi Guys, Recently I came to know from news that the first stage competition for selection of smart cities has started. Kindly discuss about it.Hi Guys, Recently I came to know from news that the first stage competition for selection of smart cities has started. Kindly discuss about it.
Hey Guys, Have you heard , Indian School of Business has prepared Smart City Maturity Model to develop smart cities ? This model will help not only cities but also states to help themselves to become smart city.Hey Guys, Have you heard , Indian School of Business has prepared Smart City Maturity Model to develop smart cities ? This model will help not only cities but also states to help themselves to become smart city.
My comments to replies
Hey Anybody heard Sweden is planning to expand business opportunities with Indian partners by investing in smart cities !! Sweden is a very well known country for urban planning, organized transport & waste management. Kindly discuss about it.
Hi Tushar, As per latest news, Sweden is planning to build smart cities through PPP mode( public private partnership ) in Karnataka, Maharastra & Telengana states. Memorandum of Understanding (MOU) has been signed between two countries. So by helping , they means Swedish expertise & world class state of art will help making these three cities smart city.
18th May 2015

Hi Guys, I heard in current news that, latest buzz in Indian Real Estate Industry is Smart City. But private developers are showing their immaturity by developing their own smart city !!! Kindly discuss about it.
Hey Subho, Smart City has turn into the most recent trendy expression in the Indian. But, some private developers planning their own smart cities are demonstrating their immaturity. Best case scenario, developers who look to exploit the fame of the term smart city are wrecking their own credibility as well as highlighting their absence of creative ability and understanding .
9th June 2015

Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
9th October 2015

Review of tulip grand
Q: HI, please update me about this project . Is this a ready to move in or under construction?if under construction when will it be ready...

My replies to this discussion
What is the approachablilty of the area?? connectivity to delhi?? infrastaructural developemnts?What is the approachablilty of the area?? connectivity to delhi?? infrastaructural developemnts?
I have invested in BPTP Terra project sector 37D gurgaon apartment what is status of project
Q: I want to know status of project has construction in progress and possession will be in time

My comments to replies
Dear Imran lot of water as flown under the bridge what is status of this project as of now is the project is progressing or standstil
Hi Om, As per my knowledge, BPTP Terra is one of the popular residential luxurious development in Sector 37, Gurgaon. This project offers 3BHK & 4BHK spacious apartment, area ranging from 1691 sq-ft to 1998 sq-ft. Builder quoted price is around 5500/ sq-ft including car parking . Expected possession of this project is around 2017 January.
16th July 2015

DDA online property registration to simplify the process
Q: Hi, I heard that the DDA is now online and the procedure have been simplified.

My comments to replies
Hi Guys, It's really a nice initiative taken by DDA to property tax on line . I want to know the procedure to pay property tax on line. what are the essentials of tax payments to pay online ?
Hi Tamal , According to me, most of the Delhiites like paying their tax directly instead of paying it on-line as they're almost positive about the online tax payment idea. The property tax in Delhi is levied on all the lands and buildings beneath the DMC Act, 1957.The homeowners and therefore the occupants of the property are vulnerable to pay the property tax. A point in time to pay on-line tax is given to the tax payers each financial year.
11th March 2015

Information about plot in piyush eco village
Q: Hi, please advise about the rate of the plots..

My replies to this discussion
If I am booking a plot in this project, what location advantages I am going to get. Please helpIf I am booking a plot in this project, what location advantages I am going to get. Please help
FDI policy needs to be changed?
Q: hey..i heard many people say that the FDI policy needs to be changed..please discuss!!

My comments to replies
Hi Guys, I heard from one of my friend that , govt. seek foreign fund for infrastructure investment. Is it true to said that govt. has some new plan/initiative in this budget for infrastructure development? Definitely there will be a huge impact on Indian economy.
@ Shivshankar, In my point of view, the value of roadways and bridge infrastructure in India is expected to grow at a CAGR of 17.4 per cent between 2012-17, to reach $ 10 billion. The PPP model will continue to be the favoured way of executing the remaining NHDP phases. There has been an unprecedented increase in cargo handling capacity from 575 Million Metric Tonnes (MMT) in 2009 to 800 MMT in February 2014.
25th February 2015

For Delhi Master Plan 2021 review process,officials are being sent abroad
Q: Hey, was reading about DDA officials being sent to Paris and Germany during the review process of DMP 2021... discuss!!

My comments to replies
Hi Guys, As per the latest news, there has been 3yrs & not less than 100 amendments later, now revised Master Plan for Delhi2021 is in final stage. The center is going to inform services for transit oriented development. In the mean while some amendments are already been executed. Kindly discuss.
Hi Asis, But there are a lot questions still confusing people. Is this a feasible plan? Will it be the modest answer for solving the current city sustainable development ? It is obvious that these questions will be in mind. Because no body knows How much of MPD-2021 has been executed in the city?
7th September 2015

Hi Guys, As per the head of the department of urban planning in School of Planning and Architecture, Sanjukta Bhaduri, because of this technical discrepancy, there is no sanction LAP which is basic for any area's growth as well as development. Operational rules will provide help in controlling such disparities and help in quicker execution of the plan.
Guys, Presently, the amended arrangement proposes low-density residential areas (LDRA), which is an approach to regularize unlawful farmhouses. Development authorities said that, LDRA really permits all the more abiding units per plot. There are towns which are 300 years of age. There is a requirement for a unique arrangement to restore them.There's likewise a requirement for a moving procedure of getting ready for auspicious course-redress.
11th September 2015

Environment Ministry suggests a 1.2 km radius for okhla sanctuary
Q: hey.. i guess that the decent radius of 1.2 kms have been suggested by the Environment minsitry

My comments to replies
Hey Guys, I recently heard from news, there are chaos among real estate developers & buyers, after environment ministry brought ESZ to 100 meters . After NGT now environment ministry is becoming a bad nightmare for both builders & buyers.
Hi Praveen , As per latest news, home buyers anticipating possession of homes in Noida for more than a year are arranging a protest march other than looking for another meeting with union environment minister Prakash Javadekar to push for the last notice on the boundary of the eco-touchy zone (ESZ) around the Okhla Bird Sanctuary close Delhi.
29th May 2015

LOGIX CITY DEVELOPERS HAVE NOT HANDED POSSESSION IN BLOSSOM ZEST IN JUNE 2014.

My comments to replies
Hi my name is Rohan Kashyap and I have purchased a 2bhk luxury flat in Blossom Zest Noida. All the apartments are well designed and give the wonderful environment.
Hi Sufia, As indicated by me, Founded in Noida, India in 1997, Logix Group has been the frontâ€runner in setting up and advancing IT/ITES industry and has made more than 25 such offices and finished more than 4 million sq ft of IT offices. All the projects are executed by divided SPVs having the gathering controlled valu
1st December 2014

WHY NOT LOGIX BLOSSOOM ZEST DOES NOT DISCLOSE THE EXCACT SUPERAREA, COMMON AREAS AND CARPET AREAS FOR TRANSPARNECY ?

My comments to replies
Among the numerous real estate developers in Noida, Logix Group is one of the most trusted and established. Across Noida, Logix has a variety of projects lined up. Logix Group will identify & maximize growth opportunities to create value for our customers, business partners, colleagues & society. We will follow good corporate governance & keep the core beliefs of caring & commitment intact.
Hi Mr Kashyap, As per my knowledge, the group already has 40 million square feet of area under its name. every project of the Logix Builders, upholds dedication and excellence at its highest level. From grand commercial projects, to IT Parks, residential and now the hospitality sector --the organization has rapidly forayed into multiple premium real estate projects.
27th November 2014

Piyush Eco Village project review
Q: What is the price going on in this project and what is the size of the property going on in the same?

My replies to this discussion
If I am booking a plot in this project, what location advantages I am going to get. Please helpIf I am booking a plot in this project, what location advantages I am going to get. Please help
How is the payment plan works in this project? Please elaborate.How is the payment plan works in this project? Please elaborate.
Whether it is permissible to use property for mis purpose? office cum residence?
Q: We are indenting to buy property in delhi

My replies to this discussion
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.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.
What is Carpet Area, Built-Up Area & Super Built-Up Area?
Q: How can knowing the Carpet Area, Built-Up Area & Super Built-Up Area of a flat help me in purchasing a flat?

My replies to this discussion
Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.
My comments to replies
Hello Everyone, I am going to invest in real estate market. This is my first ever. So I want to know, who is the appropriate authority for knowing the market value of the property? What is meant by the market value of the property and is Stamp Duty payable on the market value of the property or on consideration as stated in the agreement?
Hi Mr Agarwal, Usually different rates for stamp duty are applicable for residential and non-residential property. In Maharashtra, the rate of stamp duty is 5% for both residential and commercial property. However, for residential property there is a slab wise concession.
30th September 2014

DDA Housing Scheme 2014
Q: can anyone share detailed information about DDA Housing Scheme 2014

My replies to this discussion
Hello Guys, I heard as of late from news that , Delhi advancement Authority has issued show reason notification to those defaulting banks and charged them to discount the cash by December 31 or proper move will be made against them. Can anybody clarify why abruptly this ? What is that ACTION thing DDA is discussing?Hello Guys, I heard as of late from news that , Delhi advancement Authority has issued show reason notification to those defaulting banks and charged them to discount the cash by December 31 or proper move will be made against them. Can anybody clarify why abruptly this ? What is that ACTION thing DDA is discussing?
Hi Guys, As per recent news, 152 premium apartments are set to auction in commonwealth games village as per Delhi Development authority. Electronic auction will be conducted by land owning agency & they have already fixed 3BHK unit price around 7crore. So the authority is planning for 1000 crore earn over from this sale.Hi Guys, As per recent news, 152 premium apartments are set to auction in commonwealth games village as per Delhi Development authority. Electronic auction will be conducted by land owning agency & they have already fixed 3BHK unit price around 7crore. So the authority is planning for 1000 crore earn over from this sale.
MSA CIRCUIT HEIGHTS launched ? When is the possession?
Q: Kindly update me the price & possession of MSA Circuit Heights.

My comments to replies
In April they gave offer of buyback and now assured return. That time they said offer only for 50 flats. but it is still ongoing. Some ethics must be applied. those who have paid in april may why haven't they got assured return?
Hi Vijay, As per my knowledge, this project is located in Yamuna expressway Greater Noida. Expected possession is around December 2015. This project also provides state of the art facility . Its eco-friendly atmosphere and easy to access location makes it one of the hot properties in Delhi-NCR region. Builder has given buyback option for few flats only.
16th March 2015

DDA developing 20 Lakh residents on city outskirts.

My comments to replies
Hi Sufia, Delhi Development Authority (DDA) is going to develop about 20 lakh residential units on the outskirts of the Capital on 24,000 hectares of land offering world-class infrastructure. The housing authority will be implementing this gigantic land pooling policy under the supervision of Union Ministry of Urban Development in the coming two months.
Hi All, According to the Master Plan of Delhi (MPD) 2021, the Capital has still about 27,000 hectares which can be developed as sub-cities. MPD-2021 has divided the Capital into 15 planning zones (divisions) designated from A to P .
3rd November 2014

Query Related to Purchase of Land from Real Estate Company in Gautam Budh Nagar (Greater Noida)
Q: I would like to purchase a plot of land in Gautam Budh Nagar. I have identified one plot which is owned by real estate company in a village falling under gram panchayat. The land is currently Agricultural Land, which the company says will soon become Non Agricultural Land or Residential Land. The company has developed the land in 3 phases and is selling plots of residential and commercial (for shops) land which are 50-60 square yards each. For the residential plot, it is charging some Rs. 4000 per square yard. Someone I know has already purchased a plot and got it registered there. Please tell me, What precautionary measures should I take. .Specifically, HOW DO I ENSURE THAT:- 1. the plot which has been shown to me actually belongs to the real estate agency and no one else has claims over it - I know we have to see the title deed for it. But how does one know that the title deed that is being shown is for the land that contains the plot that I am being sold and not some other land. How can I know that the my prospective plot of land falls within the land for which I am shown the title deed? 2. the plot will become non-agricultural or residential within the specified period; 3. the plot offered to me will be of the specified dimensions (60 square yards); (will that be specified in the agreeement, or the sale deed, or the torrence plan or map of my prospective plot?) 4. will be at the specified location (i.e. how do I know that the plot that is being sold to me is the same that I have seen on my site visit and on the layout map of the township); 5. will be registered to me alone (i.e. how do I ensure the same plot has not been sold to other people as well?); 6. will not be disputed in any time in the future by any previous owner or anyone else who may also be sold that precise plot of land (What do I need to see for this - the title deed, the previous title deeds; get the encumbrance certificate? How do I get the encumbrance certificate? What do I look for in these documents?) 7. will have all the promised infrastructure facilities (roads; electricity poles, lines, connections, meters; water pipes, connections; drainage; boundaries, etc.); 8. will have the promised infrastructure facilities within the specified time frame (I will have paid the entire cost of the property within a month of booking. However, the infrastructure will only be ready later. Then can I be sure that the company will put in all the infrastructure even after it has been paid all the amount?) 9. will not be liable for payment of any dues (such as remaining taxes etc. Can I ask them for the Tax Paid Reciepts - what does one see in the tax paid receipts even if they do show them? How do I know that the tax paid receipts include the plot which is being sold to me); 10. I will not have to pay more than what I have been told i.e. the cost of the land (area x cost per square yard) + the registration charges as specified by the government.

My comments to replies
Subho, Thanks for your response. What is the House Plan Approval necessary for? As of now, the land is rural land, it falls within Gram Panchayat area and not municipality. Noone wants to build any house right now. As of now, it is agricultural land and we want to buy the land so that we can build a house later on. But good to know that the process has been made automated..
Hi Anjor, Yes Housing Plan Approval is very much necessary. As per my knowledge, applicant should submit the application seeking approval of building plan with necessary enclosure to the local body. Then Local Body will examine the application. The building plan should satisfy Municipal Building Rules in case the sites lies in the Corporation, Municipality, and Town Panchayat. or Village Panchayat Building Rules in case the site lies in Village Panchayat.
1st December 2014

What will a buyer do if project delayed for more than 1 year?
Q: Buyers are not aware of their rights in cases of project being delayed by builders. If some one buying any ongoing project & the possession got delayed then what a buyer should do ?

My comments to replies
Hi Tushar, As per my knowledge, recently, CREDAI recommend strongly to developers in the NCR to complete their existing projects before starting new ones. Definitely it is a good step taken by CREDAI. Perhaps, the developer fellowship needs to take the indication. Till that happens, buyers need to be aware of their rights.
Now a days delay in project, buyer paying huge tax & builder or developer not listening to the buyer is becoming a common issue in India real estate market. Suppose buyer is following the construction link payment plan or down payment plan of a project , paying everything at right time by taking loan then why should the buyer will wait for more than 1 year to get his/her home. Does bank negotiating or giving any concession on EMI?? No definitely not.
19th November 2014

Yamuna Expressway Industrial development authority has distributed over Rs 15 crore compensation to the farmers.

My comments to replies
Hi Akash, I heard in news that, YEIDA CEO PC Gupta said due to ongoing farmers agitation for the last two years, development works had come to halt. Keeping that in mind, the state government had formed a committee under the chairmanship of cabinet minister Rajender Chowdhary.
Hi Akash, As per my knowledge, YEIDA authority had notified and acquired 40 villages in the first phase. And there are some pending issues are with the farmers. Now authority are taking up farmers issues phase-wise. In the first phase they have entertained issues of Raunija and Nilauni Shahpur.
25th November 2014

Concept Home is now a days getting more attention from investors & end users. What is the meaning of Concept home?
Q: Now a days home buyers are getting attracted towards Concept home. But do we all know the advantages & disadvantages of Concept home?

My replies to this discussion
Hi jeet, As per my knowledge, Concept Homes can vary either slightly or significantly from traditional homes. These homes are not restricted to only apartments as one can have independent villas too. It all depends on the concept of the project. Now a days end users are getting more attracted towards concept homes.Hi jeet, As per my knowledge, Concept Homes can vary either slightly or significantly from traditional homes. These homes are not restricted to only apartments as one can have independent villas too. It all depends on the concept of the project. Now a days end users are getting more attracted towards concept homes.
What is refinancing ? what are the benefits of it?

My comments to replies
Hi Mr Akash, Refinancing your home loan essentially means that you pay out your existing home loan before its tenure and replace it with a new one. It is an excellent tool to manage your debt load, reduce your financial stress while saving your money. It also ensures that you are not bound to one financial institution for the entire tenure of the loan.
Well as per my knowledge, refinancing to shorten your loan tenure is stands for If you are looking to shorten your loan tenure, refinancing your loan is a good option. A sudden windfall or increase in income you may lead you to find that you can easily afford a lower tenure loan without any strain on your monthly budget. Refinancing your loan is wise in such a situation.
29th November 2014

Punjab & Haryana high court orderd HUDA to immediate refund dues to 1500 plot owners.

My replies to this discussion
Hi Sufia, Nearly 1,500 plot holders in Sector 52 feel relief as HUDA administrator ordered immediate refund of dues to them in compliance with a directive by the Punjab and Haryana high court in July 2014. The high court had reduced the enhancement amount paid by the 1,485 plot holders to Rs 1,870.69 per sq yard, telling HUDA to pay back the remaining amount.Hi Sufia, Nearly 1,500 plot holders in Sector 52 feel relief as HUDA administrator ordered immediate refund of dues to them in compliance with a directive by the Punjab and Haryana high court in July 2014. The high court had reduced the enhancement amount paid by the 1,485 plot holders to Rs 1,870.69 per sq yard, telling HUDA to pay back the remaining amount.
Having good financial background ,investors or home buyers are confussed where to invest? Bungalows or Flats?

My comments to replies
Hi James, Now a days many investors & home buyers are confused where to invest? Investment purpose only to gain handsome return. So what to do? Where to invest ? These are some common questions in their mind. As always, location plays an important role. This means that the rental market for such a property diminish gradually.
One major advantage of investing in a bungalow in an upcoming location is that it will gain steadily in value as the area’s profiling in terms of social and civic infrastructure improves. However, regardless of location, the maintenance costs and property taxes involved in a bungalow are a lot higher than those of flats. This long-term financial implication must necessarily be factored while investment in a bungalow is considered.
1st December 2014

Expected execution of Delhi-Amritsar National high way is by March 2015.
Q: Delhi-Amritsar National high way will have a positive impact on Delhi real estate market.

My replies to this discussion
Hi Sufia, Delhi-Amritsar National Highway 1 will be completed by May next year as the contractor has started construction work on the remaining portion of the highway. The 470 km long Amritsar-Delhi national highway would be completed by May 15 next year except for a 20 km stretch which would be finished by March 2016. Definitely this road will have positive impact on Delhi real estate market as well as connectivity between Amritsar to Delhi.Hi Sufia, Delhi-Amritsar National Highway 1 will be completed by May next year as the contractor has started construction work on the remaining portion of the highway. The 470 km long Amritsar-Delhi national highway would be completed by May 15 next year except for a 20 km stretch which would be finished by March 2016. Definitely this road will have positive impact on Delhi real estate market as well as connectivity between Amritsar to Delhi.
Haryana to find way to push forward stalled Western Peripheral Expressway project within a month.
Q: If Haryana Government wishes, Highway Authority (NHAI) has also offered to take over the project .

My comments to replies
Hi Mr Tushar, Facing criticism for inordinate delay in the completion of Western Peripheral Expressway (WPE) or KMP expressway, which is one half of the ring bypass around Delhi, Haryana government on Monday made a commitment to the Center to find a solution to the stalled project in the next one month.
As per authority the options being weighed are replacing the present concessionaire and to undertake the remaining construction work under government funding mode. As per Haryana Chief Minister , completion of the stalled project is one of the priorities of the new state government.
3rd December 2014

DDA begins critical observation of Housing scheme 2014 draw results.
Q: DDA has started examining applications of the allottees in the recent draw following allegations of discrepancies in the result.

My comments to replies
Hi Subhankar, The Delhi Development Authority has started examining applications of the allottees in the recent draw of its much talked-about housing scheme following allegations of discrepancies in the result. The housing authority, however, said it would not delay the process of final allotment which is slated to start in the second week of this month, when DDA will hold a camp for the successful applicants.
Hi Mr Subhankar, The results of the draw are provisional as no documents were asked at the time of submission of application and the claims of applicants for reservation under various categories or otherwise were accepted as such. All applications were included in the draw whether there were multiple submissions from one person or family. The scrutiny of claims and documents will be done for the successful applicants.
4th December 2014

Real Estate is included in Goods and Services Tax (GST).
Q: Hi guy what is the effect of including real estate in GST? please give some idea which is beneficial for investing in this sector.

My replies to this discussion
For income tax, the taxable event is the generation of income, which is completely different from the taxable events for goods, services and sales. It is not a fact that all transactions are charged to income tax as well as GST.For income tax, the taxable event is the generation of income, which is completely different from the taxable events for goods, services and sales. It is not a fact that all transactions are charged to income tax as well as GST.
As govt is ready to draft GST in next session. It has been argued that if GST includes real estate, then it will be a more comprehensive tax structure and will bring about greater transparency and less evasion.As govt is ready to draft GST in next session. It has been argued that if GST includes real estate, then it will be a more comprehensive tax structure and will bring about greater transparency and less evasion.
Tata Housing to launch "The Cascades" during Google's online shopping festival
Q: Tata Housing Development Company is going to launch an exclusive ultra-luxury project, "The Cascades" during Google's Online Shopping Festival.

My replies to this discussion
Besides this project, the company would also sell housing units of seven other projects across India. It is offering schemes and instant appreciation of prices in these projects. Buyers can buy homes by paying a booking amount of Rs 50000 only for all projects and they would get an instant appreciation of up to 15% as per the Tata Housing.Besides this project, the company would also sell housing units of seven other projects across India. It is offering schemes and instant appreciation of prices in these projects. Buyers can buy homes by paying a booking amount of Rs 50000 only for all projects and they would get an instant appreciation of up to 15% as per the Tata Housing.
In a separate statement, Tata Housing subsidiary Tata Value Homes told that it would sell apartments in Boisar near Mumbai exclusively during this festival at a starting price of Rs 16 lakh. Interested customers can express their interest to book by paying Rs 20000 online. The company would also offer special one day price for apartments in its other projects across Ahmedabad, Pune, Chennai and Bengaluru starting Rs 32 lakh.In a separate statement, Tata Housing subsidiary Tata Value Homes told that it would sell apartments in Boisar near Mumbai exclusively during this festival at a starting price of Rs 16 lakh. Interested customers can express their interest to book by paying Rs 20000 online. The company would also offer special one day price for apartments in its other projects across Ahmedabad, Pune, Chennai and Bengaluru starting Rs 32 lakh.
When the project meadows vista phase-II of Value Infra will be completed.
Q: The possession was promised in June 2013, but since last 1 year construction work is stopped. What may be the reasons and when we expect possession.

My replies to this discussion
Hi Arvind, As per my knowledge, Meadows Vista is one of the prestgious popular project in Ghaziabad. This project located in Raj Nagar Extension, NH-58. This project offers 2BHK & 3BHK apartment, area ranging from 890sq-ft to 1650sq-ft. Builder quoted price is around 3100/sq-ft. This project has approval from HDFC Bank, LICHFL, State Bank Of India & ICICI Bank.Hi Arvind, As per my knowledge, Meadows Vista is one of the prestgious popular project in Ghaziabad. This project located in Raj Nagar Extension, NH-58. This project offers 2BHK & 3BHK apartment, area ranging from 890sq-ft to 1650sq-ft. Builder quoted price is around 3100/sq-ft. This project has approval from HDFC Bank, LICHFL, State Bank Of India & ICICI Bank.
Delhi circle rate rises up. How far this is good and bad?
Q: Circle rate is the minimum value at which the sale or transfer of a plot, built-up house, apartment or a commercial property can take place.

My replies to this discussion
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
My comments to replies
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.
17th August 2015

Hi Guys, According to late news, climb in circle rate will chop down the dark cash part in such exchanges. In great times, a climb in circle rates by and large prompts some increment in property costs too. Yet considering the languor in land, especially in Delhi, the climb in circle rates will just result in higher incomes for the legislature and is unrealistic to have noteworthy effect on winning property costs.
Hi Guys, I agreed with what kalki said here. For posh colonies such as Greater Kailash, Defence Colony, Gulmohar Park, Panchsheel Enclave, Anandlok, Green Park, Golf Links and Hauz Khas (category A), the circle rate has been hiked 20 per cent from Rs 6.45 lakh per square metre to Rs 7.74 lakh per square metre. Land rates in category B neighbourhoods like Andrews Ganj, Kalkaji, Munirka Vihar and Nehru Enclave have been increased to Rs 2.45 lakh per square metre as against current rate of Rs 2.04 lakh per square metre.
26th February 2015

Interesred to invest in a 3 bhk flat in Victorian County Project
Q: Want to buy a flat in Victorian County Project of Antrix Society but I am in doubt as it seems a new developer. Please share your experiences with the property developer. Suggest any other good project in Dwarka Phase 2, L-Zone. My budget is 40-60 lakhs.

My replies to this discussion
Hi Mr Vinod Kumar, As indicated by sources, Antriksh Group is an ISO 9001:2000 certified builder. Antrix has group of real estate experts who have been working to fulfill all their customer need & making a great name in the real estate business. This builder have effectively completed numerous large scale residential projects as well as commercial projects.Hi Mr Vinod Kumar, As indicated by sources, Antriksh Group is an ISO 9001:2000 certified builder. Antrix has group of real estate experts who have been working to fulfill all their customer need & making a great name in the real estate business. This builder have effectively completed numerous large scale residential projects as well as commercial projects.
Housing conditions in Delhi is bad. The city is facing space crunch & there have been ver few fresh constructions.

My replies to this discussion
Hi Sufia, According to survey report, about 88.64% of the total households in Delhi are living in the houses, which are used strictly for the residential purposes and 11% are living in the buildings which are residential-cum-commercial. Even as space constraints are on the rise, about 51.11% (20.18 lakh) of the total families are still living in independent house.Hi Sufia, According to survey report, about 88.64% of the total households in Delhi are living in the houses, which are used strictly for the residential purposes and 11% are living in the buildings which are residential-cum-commercial. Even as space constraints are on the rise, about 51.11% (20.18 lakh) of the total families are still living in independent house.
This is the best time to buy property in Delhi. Prices of properties have fallen 20% to 30% over the last one year.

My comments to replies
Hi Vibhor, As per my knowledge, many people are desperate to sell today as they need money for alternative use. These people are willing to sell at a much lower profit. In a recent deal, an apartment built on a 1,200 square yard plot in Delhi's posh West End area was sold for Rs 13 crore. The sellers were asking for Rs 17-18 crore a year back. During the peak, it would have sold for around Rs 22 crore.
Hi Mr Vibhor, Every builder today has unsold inventory. Many of them are unable to hold on to this inventory anymore as they are strapped for cash. There is a correction because buyers are taking time to decide. They are still waiting. In Gurgaon's Phase 1 area, a second floor apartment has been sold for Rs 1.72 crore to an end user, down from Rs 2.25 crore that the seller was asking for some time back.
30th December 2014

property tax could be raised to give municipal corporations extra funds to carry out development work.

My comments to replies
Hey Guys, As per the current news, NDMC has chosen to digitize all property tax related documents that would acquire more prominent clarity and help the municipal body in finding defaulters. Kindly discuss about it.
Hey Arpit, It is a great news for property tax payers , no more standing in line to pay property tax. Now they can easily pay by sitting in their house. Mr Ravinder Gupta, North Delhi Mayor said that, North Delhi Municipal Corporation(NDMC) will digitize all property related documents for property tax records and preserve these records in an electronic structure.
11th August 2015
As per the latest news, when the tender is drifted, the enlisting of an agency takes approx 2 months, after that NDMC hope to officially begin the digitization process. As of now Unique Identification Code(UIC) procedure has been propelled and digitization of information would help in distinguishing the defaulters.
11th August 2015

Hi Mr Akash Kanojia, Urban local bodies(ULB) has asked all municipal corporations in the state to furnish details of property tax collected in the past 10 years by the end of this month. It has also asked for specific records including data of tax collected in keeping with the taxation policy of 2000-01 and the difference in revenue after the policy change in 2008-09.
Hi Akash, Details of the extra burden on the exchequer after the previous government ordered a wavier in 2009 have also been sought by the ULB. As per ULB authority the corporations need more funds to provide water supply, sanitation, sewerage management, and building and maintenance of roads. If ULB continue to stick to the existing policy of Re 1 per square yard, it will only increase the burden on corporations and local bodies.
30th December 2014

Union budget is on the way, 1939 Delhi colonies regularized.
Q: I saw in news , the Cabinet extended the cut-off date to be eligible for regularization from March 2002 to June 2014. Can anyone give clear idea about this?

My replies to this discussion
Hi Mr Akash, As per Urban Development Minister, we took this matter to Cabinet after holding rounds of meetings with DDA, Lt Governor, Delhi government, MPs from Delhi and three municipal corporations. I also held meeting with law secretary and UD secretary prior to firming up this proposal. First, we gave three years' protection to all such colonies from demolition and sealing. Then we got Cabinet approval to regularize them. It will take some time for regularization, but we will do it.Hi Mr Akash, As per Urban Development Minister, we took this matter to Cabinet after holding rounds of meetings with DDA, Lt Governor, Delhi government, MPs from Delhi and three municipal corporations. I also held meeting with law secretary and UD secretary prior to firming up this proposal. First, we gave three years' protection to all such colonies from demolition and sealing. Then we got Cabinet approval to regularize them. It will take some time for regularization, but we will do it.
Land Acquistion Act is essential for the growth of the real estate industry, bringing better economic opportunities.

My comments to replies
Hi James, The recent amendments to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, is expected to ease the way for creating new hubs, townships and cities. The amendments are also expected to check the usual delay in development of any infrastructure project and will take the country a step closer to achieving the ‘Housing for All by 2022’.
Hi Mr James, All this is essential for the growth of the real estate industry, bringing better economic opportunities and improving the quality of life of the people living in these areas. Exempting industrial corridors from the consent clause can boost the commercial as well as other realty segments along such corridors.
31st December 2014

When is this project going to take off and completion date?
Q: I believe this is for doctors, what is the advantage of living in that area as compared to any other sector in Gr Noida? And what benefits would be available to doctors in terms of booking concussion etc.?

My replies to this discussion
Hi Mr Neeraj, As per my knowledge, Antariksha apartment is a small gated community development in Vikashpuri. This project is located in prime developed area, where all basic amenities are nearby. Schools, Colleges, Banks & hospitals are nearby. Shopping malls, markets are in walkable distance. This is a best place for doctors. Each street having nursing homes. Vikashpuri is a fully developed area.Hi Mr Neeraj, As per my knowledge, Antariksha apartment is a small gated community development in Vikashpuri. This project is located in prime developed area, where all basic amenities are nearby. Schools, Colleges, Banks & hospitals are nearby. Shopping malls, markets are in walkable distance. This is a best place for doctors. Each street having nursing homes. Vikashpuri is a fully developed area.
There's a huge relife to applicants seeking approval of small building plan. No sanction procedure to build small house.
Q: There is a 30-day deadline has been fixed for approving or rejecting building plans on plots in the range of 100 sq metres and 20,000 sq metres.

My replies to this discussion
Hi All, In my point of view, the revised bye-laws will serve as a comprehensive singe reference ready reckoner by integrating the building bye-laws notified in 1983 and several changes that have been subsequently notified over the last 31 years.Hi All, In my point of view, the revised bye-laws will serve as a comprehensive singe reference ready reckoner by integrating the building bye-laws notified in 1983 and several changes that have been subsequently notified over the last 31 years.
Union Urban Development Minister said country's first smart city will be set up in Delhi & it will be a Global City.

My comments to replies
Hi Guys, The State Govt. is going to launch a separate company to take care of and manage its geo-spatial information. For this, a centralized databank are created which will supply info from 19-odd government departments. The policies of this company, also as its formation, area unit being deliberated upon by the department of city and country designing (DTCP), that aims to change geo-spatial information and change different government agencies impart drum sander national services.
Hi , The purpose of this company is to integrate geo-spatial knowledge (from creation to change, management, dissemination and sharing of the data), master plans, a land-use portal, land-ownership records, knowledge from service networks (including roads, water, sewerage, electricity, telecommunications) maintained and managed by varied departments, native bodies, HUDA, HSIIDC, housing boards, among others.
25th March 2015

363 acres prime land owners in Pataudi are unhappy as government has gone ahead to acquire their land .

My replies to this discussion
HI Guys, As per local people, when they received notices under Section 6 of the old law issued on January 2, they were taken aback. The Section 6 notice is a step ahead of Section 4 notice. We met chief minister Khattar to register our protest. He gave us time, but no commitment.HI Guys, As per local people, when they received notices under Section 6 of the old law issued on January 2, they were taken aback. The Section 6 notice is a step ahead of Section 4 notice. We met chief minister Khattar to register our protest. He gave us time, but no commitment.
DDA plans for smart city in Dwarka. Well equiped with latest technologies & waste management techniques.
Q: Not only smart city but also exclusive apartment for senior citizen, a financial hub & city's tallest building will be made as per DDA major plan.

My replies to this discussion
Hi Sufia, As per different sources ,the project is in a very primitive stage as of now and has not reached the drawing board yet . The vice-chairman also said that DDA would soon start working on the senior citizens apartment, for which other modalities are also being worked out.Hi Sufia, As per different sources ,the project is in a very primitive stage as of now and has not reached the drawing board yet . The vice-chairman also said that DDA would soon start working on the senior citizens apartment, for which other modalities are also being worked out.
Difference in real value of land & circle rates is not only facilitating black money but revenue loss is happening.

My replies to this discussion
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
My comments to replies
Hi Guys, As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.
Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.
19th August 2015

MCG will issue fresh tax notice to around 3 lakh property owners ,to generate 200cr revenue from tax collection.

My comments to replies
Hey Guys, As per the current news, NDMC has chosen to digitize all property tax related documents that would acquire more prominent clarity and help the municipal body in finding defaulters. Kindly discuss about it.
Hey Arpit, It is a great news for property tax payers , no more standing in line to pay property tax. Now they can easily pay by sitting in their house. Mr Ravinder Gupta, North Delhi Mayor said that, North Delhi Municipal Corporation(NDMC) will digitize all property related documents for property tax records and preserve these records in an electronic structure.
6th August 2015
As per the latest news, when the tender is drifted, the enlisting of an agency takes approx 2 months, after that NDMC hope to officially begin the digitization process. As of now Unique Identification Code(UIC) procedure has been propelled and digitization of information would help in distinguishing the defaulters.
6th August 2015

Golf Corse Extension Road will see end user demand in the near future.
Q: GCE Road is one area where your property will be rented as soon as it is completed.

My replies to this discussion
Hi Mr Rajesh, According to me, an investment here will also be safe because you can rent out your property easily due to the high end-user demand expected here. In many of the new sectors of Gurgaon, a number of properties are ready but they have not been rented for the past one year or so.Hi Mr Rajesh, According to me, an investment here will also be safe because you can rent out your property easily due to the high end-user demand expected here. In many of the new sectors of Gurgaon, a number of properties are ready but they have not been rented for the past one year or so.
My comments to replies
Hi Mr Rajesh, According to me, an investment here will also be safe because you can rent out your property easily due to the high end-user demand expected here. In many of the new sectors of Gurgaon, a number of properties are ready but they have not been rented for the past one year or so.
@ Rajesh, Continuing previous comment, the same is the case with commercial properties. GCE Road is one area where your property will be rented as soon as it is completed. This makes it a safe investment. Investors must, however, have an investment horizon of at least 4-5 years to earn reasonable gains here.
22nd January 2015

Destination point for investment -Noida/Gurgaon/Goa.
Q: Housing in Gurgaon & Noida seems to be standpoint for investment.

My comments to replies
Hi Pranay, Two of these districts, Greater Noida and Gurgaon, are concrete, practical outgrowths of the National Capital. The third, Goa, is a laid back corner by the western coast. What binds them here is real estate more specifically, housing as an investment. According to Census 2011, these three are among the 37 urban areas (districts or other civic units) in India where the percentage of vacant houses exceeds 20% roughly twice the national average in urban areas.
@ Mr Pranay, Most such houses have been purchased not with the objective of living in them, but from the standpoint of investment. Such is the volume of investor interest and the nature of Indian real estate that even supply gluts don’t have the effect of hammering down prices.
22nd January 2015

Housing For All.
Q: New Govt. is primarily focusing on Housing For All Program .

My replies to this discussion
Hi Guys, Have you heard, 305 cities & towns are identified by govt for construction of homes for urban poor under Housing for All by 2022?Hi Guys, Have you heard, 305 cities & towns are identified by govt for construction of homes for urban poor under Housing for All by 2022?
My comments to replies
Hi Guys, Have you heard, 305 cities & towns are identified by govt for construction of homes for urban poor under Housing for All by 2022?
So to work out this program, there is a necessity of a different non-agricultural permission (NAP). This is because if the land for the project comes under a zone designed in the master plan of the city/town as residential;giving additional floor area ratio, floor space index(FSI) or transferable development rights, as well as modifying density standards for slum redevelopment,low-cost housing.
1st September 2015

Cities & towns along the Ganga will get priority under the Centre's ambitious scheme of providing housing for all.

My replies to this discussion
Hi Mr Akash, In my point of view, the programme will begin with a baseline survey to assess the demand for such housing and identify resource requirements. As per the present assessment, Mumbai will need a maximum of 16 lakh such houses, Delhi's requirement will be over six lakh while Kolkata and Chennai will need four lakh such houses each.Hi Mr Akash, In my point of view, the programme will begin with a baseline survey to assess the demand for such housing and identify resource requirements. As per the present assessment, Mumbai will need a maximum of 16 lakh such houses, Delhi's requirement will be over six lakh while Kolkata and Chennai will need four lakh such houses each.
Germany will help India in developing three smart cities.

My comments to replies
Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
14th October 2015

There will be two stage selection for smart cities.
Q: In order to build 100 smart cities, states/cities has to fulfill certain criteria.

My comments to replies
Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
9th October 2015

Extension of Dwarka-Noida City center corridor.

My replies to this discussion
Hi Mr Tushar , As per my knowledge, the proposed extension will start from the dead end of the existing Noida City Center station and run straight along the median of Captain Shashi Kant Marg for about 2.2km before taking a left turn near Sector 52. It will run straight on the median of road leading to Sector 62 and along NH-24 for about 4.5km.Hi Mr Tushar , As per my knowledge, the proposed extension will start from the dead end of the existing Noida City Center station and run straight along the median of Captain Shashi Kant Marg for about 2.2km before taking a left turn near Sector 52. It will run straight on the median of road leading to Sector 62 and along NH-24 for about 4.5km.
Uttam Nagar is becoming one of the most affordable & preferred localities of Delhi.

My replies to this discussion
Hi Mr Akash, According to me, the nearby localities include Indira Park, Shankar Garden, Jeevan Park, Om Vihar, Mahindra Park, Bindapur, Vikaspuri and Dwarka Sector-3. The locality is connected to different parts of the NCR. For instance, there is direct connectivity to Noida through the metro. Also, it takes just 30 minutes drive to Gurgaon and 20 minutes to the airport.Hi Mr Akash, According to me, the nearby localities include Indira Park, Shankar Garden, Jeevan Park, Om Vihar, Mahindra Park, Bindapur, Vikaspuri and Dwarka Sector-3. The locality is connected to different parts of the NCR. For instance, there is direct connectivity to Noida through the metro. Also, it takes just 30 minutes drive to Gurgaon and 20 minutes to the airport.
Five Common Agendas in this election- DelhiNCR.
Q: Govt. bid for "better & liveable Delhi" in this election !! What will be the impact ?

My replies to this discussion
Hi Mr Mathur, As per latest news in Delhi, now a days there are 5 common agendas that each party is bidding for a better and livable Delhi. In my point of view, precious five agendas are Regularisation of unauthorized colonies, Making Delhi a World Class city, Clean India, Right to shelter, Strengthening urban Infrastructure.Hi Mr Mathur, As per latest news in Delhi, now a days there are 5 common agendas that each party is bidding for a better and livable Delhi. In my point of view, precious five agendas are Regularisation of unauthorized colonies, Making Delhi a World Class city, Clean India, Right to shelter, Strengthening urban Infrastructure.
My comments to replies
Hi, now election is over. So currently no noise about this election any more. But new thing is coming up in my mind. What new govt is going to do in Delhi, which will effect Delhi real estate ? what people are expecting from new govt ? What changes people want in their city ? All are welcome to comment on this.
Hi Rituraj , Delhi elections are finally over and locals are hoping for a reforms-centric, citizen-oriented regime in the capital. With sanitation being one of the concerns, enthusiastic citizens say that they would love to further PM Modi’s vision of a ‘Swacch Bharat’ in collaboration with the state government. Citizen buyers seem to be enthusiastic about a new government and are hoping for new reforms.
18th February 2015

Does anyone know when is BPTP going to give possesion of the apartments in Park Elite premium?
Q: Possession query

My replies to this discussion
Hi Shrawani, As per recent inquiry about this project, I came to know that, this is a sold out project. Park Elite Premium is one of the popular residential development approved by DGTCP. Possession of this project was around Nov 2014.Hi Shrawani, As per recent inquiry about this project, I came to know that, this is a sold out project. Park Elite Premium is one of the popular residential development approved by DGTCP. Possession of this project was around Nov 2014.
Bids sought for first smart city on Delhi- Mumbai corridor.

My replies to this discussion
Hi Mr Bhuvan , As per different sources, on February 6 evening, the DMICDC Trust cleared three projects for a second city in Dholera (Gujarat), which includes roads and utilities, administrative building and water treatment plant in the first stage. Along with com mon effluent and sewerage treatment plants, these projects are estimated to be worth Rs 2,650 crore.Hi Mr Bhuvan , As per different sources, on February 6 evening, the DMICDC Trust cleared three projects for a second city in Dholera (Gujarat), which includes roads and utilities, administrative building and water treatment plant in the first stage. Along with com mon effluent and sewerage treatment plants, these projects are estimated to be worth Rs 2,650 crore.
How to sell a DDA Leasehold flat ?
Q: leasehold properties registration has now been opened by the delhi govt, how can i now sell a leasehold flat ?

My comments to replies
Hi Rishabh, Delhi government has lifted restriction on sale of leasehold properties which will benefit lakhs of property owners and may trigger hike in real estate prices. The Revenue Department has asked all registrar offices to allow purchase and sale of leasehold properties. Although there were restrictions, transactions had been taking place through general power of attorney. Properties that have changed hands but were registered through power of attorney or sale agreement will be allowed for sale and purchase transactions.
@ Mr Jain, As per my knowledge, an agreement to sell in respect of immovable property is covered under section 17 (1-A) of the Registration Act and is a valid document to be registered if so desired by the parties and as such all these documents cannot be refused by Sub-Registrar.
12th February 2015

What is the rental market going on Pitampura?
Q: Most of the investor sentiment will hit on rental trend in Pitampura.

My replies to this discussion
According to my knowledge, North Delhi is known for its numerous colleges. While some prefer staying close to college, many others who may have only 2-3 classes per week choose to opt for residential areas close to these educational institutions. All this has favoured investors here who do not want to sell off their properties as it is a source of constant rental returns.According to my knowledge, North Delhi is known for its numerous colleges. While some prefer staying close to college, many others who may have only 2-3 classes per week choose to opt for residential areas close to these educational institutions. All this has favoured investors here who do not want to sell off their properties as it is a source of constant rental returns.
Guys I heard Delhi development Authority has approved transit- oriented development in Delhi.
Q: Any idea , what will affect most by this ? Will there any change in real estate ?

My comments to replies
Hi Suhail One of its most ambitious plans for vertical growth, transit-oriented development was approved by Delhi Development Authority on February 16. The policy incentivizes people living around Delhi Metro corridors for clubbing their lands and creating mixed-use, high-rise development pockets. Lakhs of Delhi's residents are expected to benefit and property rates along the Metro, already going at a premium, are expected to shoot.
Hi Guys, As per my knowledge, a TOD zone, which extends 500m on either side of an identified Delhi Metro corridor, allows landowners in the area to avail 400 FAR on redeveloping their land. With a minimum plot size of one hectare, a land-owner can come forward and submit his redevelopment plan, provided it meets certain criteria—20% of the space has to be reserved for roads and 20% for developing green spaces; the total built area must be 40%.
18th February 2015

Delhi Development Authority is working on a first of its kind senior citizens' housing scheme.

My replies to this discussion
Hi All, In my point of view, in addition to providing them easy accessibility, apartment complexes for elderly will be equipped with a gymnasium, library, jogging tracks, medical room and nursing units. Rooms will be provided to candidates for lifetime. Upon the allottee's death, it will be granted to the next person in the waiting list that will be updated annually. DDA will monitor the quality of the flats, food and medical services.Hi All, In my point of view, in addition to providing them easy accessibility, apartment complexes for elderly will be equipped with a gymnasium, library, jogging tracks, medical room and nursing units. Rooms will be provided to candidates for lifetime. Upon the allottee's death, it will be granted to the next person in the waiting list that will be updated annually. DDA will monitor the quality of the flats, food and medical services.
People have alleged,under new NDMC bye-laws 2009,the civic body is charging property tax on vacant, un-constructed land.

My comments to replies
Hi Mr Gautam , As per my knowledge, after receiving coercive property tax notices from the New Delhi Municipal Council over the last two months, a group of individuals, corporates and residents welfare associations in New Delhi have sought early hearing of the writ petitions filed by them against the way the civic body levies property tax on them.
@Mr Das, In 28 writ petitions that were filed in the Delhi High Court a few years ago and were clubbed together, the group has alleged that under the new NDMC bye-laws 2009, the civic body is charging property tax on vacant, unconstructed land at a rate equal to the constructed area despite the fact that in a large portion of the NDMC area no construction is permitted on vacant land because of Lutyens Bungalow Zone restrictions or Archaeological Survey of India regulations.
23rd February 2015

Smart city in Greater Noida.
Q: A smart township is likely to come up in Greater Noida soon.

My comments to replies
Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
14th October 2015

The GNIDA has proposed to amend its building bylaws in order to allow taller buildings in the city.

My comments to replies
Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
28th October 2015

Illegal colonies - Delhi NCR.
Q: Govt.has taken wide step for unauthorized colony set up in Delhi-NCR.

My replies to this discussion
Hi Rajesh, In a real alleviation to lacs of individuals living in unapproved provinces, Delhi government today chose to permit enrollment of properties in the settlements regularized by the Center, paying attention to a long-standing interest of the inhabitants. According to sources, Delhi honorable Chief Minister Arvind Kejriwal issued course to settle limits of the 1650 unapproved states in the city out of which around 800 have been regularized by the Center.Hi Rajesh, In a real alleviation to lacs of individuals living in unapproved provinces, Delhi government today chose to permit enrollment of properties in the settlements regularized by the Center, paying attention to a long-standing interest of the inhabitants. According to sources, Delhi honorable Chief Minister Arvind Kejriwal issued course to settle limits of the 1650 unapproved states in the city out of which around 800 have been regularized by the Center.
Hi Rajesh , As per sources, the Delhi government has begun the methodology for altering limits of unapproved provinces to offer shape to the guarantee of regularization. Continuing the work from where the first AAP government left off in February 2014, deputy chief minister Manish Sisodia has chosen to start the procedure of regularization with a ground mapping study which could last a year.Hi Rajesh , As per sources, the Delhi government has begun the methodology for altering limits of unapproved provinces to offer shape to the guarantee of regularization. Continuing the work from where the first AAP government left off in February 2014, deputy chief minister Manish Sisodia has chosen to start the procedure of regularization with a ground mapping study which could last a year.
Which all areas in Delhi Ncr are better for Investment?
Q: Which are the best areas to invest in Delhi-Ncr and what is the current market scenario in Delhi-Ncr?

My replies to this discussion
Hi Abhishek, In my perspective, Delhi -NCr is an in a matter of seconds one in all the most elevated hot speculation destination in India. However according to current business circumstance , my perception says there are a few zones & segments like Sector 117, Sector 120, Sector 128 & 131 of Noida & Raj Nagar augmentations , Ghaziabad , are having likely best venture return . These ranges sees other than the interests in condo, enhanced interest in the private plot extends also.Hi Abhishek, In my perspective, Delhi -NCr is an in a matter of seconds one in all the most elevated hot speculation destination in India. However according to current business circumstance , my perception says there are a few zones & segments like Sector 117, Sector 120, Sector 128 & 131 of Noida & Raj Nagar augmentations , Ghaziabad , are having likely best venture return . These ranges sees other than the interests in condo, enhanced interest in the private plot extends also.
Hike in service tax will lead to increase in property prices by nearly 0.5 per cent of the total cost.
Q: Give description about your Question.

My comments to replies
Hi Vibhor, As per my knowledge, property costs will rise conceivably with proposed move in association expense to 14%, as indicated by genuine state industry affiliations CREDAI and NAREDCO. The Finance Minister today proposed growth in association commitment to 14 % from 12.36 % . CREDAI President Getamber Anand in like way said: There will be a direct effect of growth in association charge, as the expense of property will increment .
@ Vibhor, As indicated by sources, The effective organization appraisal would now increase by 0.41% from 3.09% earlier.All being worked on properties are secured under the organization survey that fashioners goes ahead to the buyers. There is diminishing of 75% on the organization charge. The additional organization appraisal influence on home buyers will be 0.41% of estimation of property.
2nd March 2015

Budget 2015 is out. Investors should think of long term investment.
Q: Short-term property investors who mainly invest to get benefits are confused.

My replies to this discussion
Hi Tushar, The Budget 2015 has put the end-users and property purchasers in a fix. A large portion of them were sitting tight for the Budget to be declared in the trust of getting some help not long from now. Fleeting property speculators who principally contribute to get advantages are befuddled. They are uncertain about how the business sector will perform after the divulgence of the monetary allowance.Hi Tushar, The Budget 2015 has put the end-users and property purchasers in a fix. A large portion of them were sitting tight for the Budget to be declared in the trust of getting some help not long from now. Fleeting property speculators who principally contribute to get advantages are befuddled. They are uncertain about how the business sector will perform after the divulgence of the monetary allowance.
Ghaziabad to be smart city in current fiscal.
Q: GDA authority claims to make ghaziabad hi-tech city in about 6 months.

My comments to replies
It would be great if that happens. It would really help the real estate sector too.
Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
20th October 2015

What are the key high lights of this land acquisition bill ?
Q: How is this land acquisition bill different from 2013 land acquisition bill ?

My replies to this discussion
Hey Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.Hey Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.
My comments to replies
Hi all, As per the latest new, farmers and activists on Friday, 24th of July,2015 demanded for withdrawal of the NDA government's Land Acquisition law. At a public hearing organized by Bhumi Adhikar Andolan, a union of agricultural worker, the land bill opposer, which included activist Medha Patkar, JPC members and MPs Jairam Ramesh of Congress and Mohammad Salim of CPI(M), also accused the Narendra Modi government of playing a new kind of conspiracy by getting the bill passed from the states.
Hello Veena, That is why they are minister. In India if you are doing good for your nation or the people of the nation the opponent will take it in a different way. It show their negativity during the ruling period. They will never do good nor they can see others to do good.
28th July 2015

Hi, I heard from news that, Land Acquisition Bill that deals with the developers who have termed the center's move to let the land acquisition bill fall through as "disastrous". According to them the decision will affect infrastructure projects such as the coastal road, the nuclear power project at Jaitapur and other industrial projects across the state. Even national projects such as the industrial corridor will face difficulties. Land acquisition for railways, airports and power plants will be difficult.
Guys, Yesterday, Finance Minister replied back to the developers saying, let the land acquisition ordinance to lapse is not a problem for the government and the different route assumed by the Centre will provide greater flexibility to the states to deal with the issue.
9th September 2015

Hi Mr Tushar Sinha, Confronted with hardened restriction, the Modi government is prepared to move at least about six alterations to the Land Bill inside the Lok Sabha tomorrow, together with the one connected with constraining land for modern passages and setting up spot a bother free system for grievance redressal.
@ Tushar, According to diverse sources, Government is willing to travel certain change inside the (land) bill inside the bigger enthusiasm of the group and consequently the nation," Parliamentary Affairs Minister Mr Venkaiah Naidu previously stated in Lok Sabha while mediating inside the dialog on the bill to trade the right to truthful Compensation and Transparency in Land Acquisition, Rehabilitation and transportation (Amendment) Ordinance.
10th March 2015

Hey Guys, I came to know from latest news that the deadline of land bill panel term extended to July 28. The investors as well as industries are eagerly waiting for bill passage. Kindly discuss about it.
Hey Akash, As per the current news, the govt's. arrangement to get the joint house board to process the combative land acquisition bill as well as submit its report about the opening day of monsoon session of Parliament on July 21 confronts a new obstacle. Bowing to requests from the Opposition party members, the board's stipulations were on Monday reached out by a week to July 28.
30th June 2015

DDA got permission to take of majority of dwellers by slum rehabilitation policy.
Q: The developer are going to be given free-sale part of land as associate incentive for absorbing the project, that builder will sell on the open market.

My replies to this discussion
Hi Mr Pranay Malhotra, Taking a leaf out of Mumbai's slum rehabilitation policy, DDA is currently progressing to undertake such projects in Delhi solely when getting the consent of a minimum of seventy per cent of the slum-dwellers. As per the target of this policy, temperament of the slum-dwellers are going to be preponderating.Hi Mr Pranay Malhotra, Taking a leaf out of Mumbai's slum rehabilitation policy, DDA is currently progressing to undertake such projects in Delhi solely when getting the consent of a minimum of seventy per cent of the slum-dwellers. As per the target of this policy, temperament of the slum-dwellers are going to be preponderating.
Delhi Municipal corporation planned for new ceiling scheme which will affect residential consumer.
Q: The East Delhi Municipal Corporation plans to seal 21,000 commercial units over non-payment of conversion charges by Apr.

My comments to replies
Hi Akash, The East Delhi Municipal Corporation plans to seal twenty one thousand business units over non-payment of conversion charges by April. There are 42,369 business properties within the space and notices to 7,984 properties have already been sent. By next week, 13,008 a lot of properties are going to be served notice.
@ Akash Kanojia, Only a half of the overall variety of properties have paid conversion charges and therefore the rest are not paying up. we've got no choice however to seal them," aforementioned a senior East Corporation official. The corporation this year received just Rs 16.9 cr in conversion charges. In year 2013 and 2012, it collected Rs 18.4 cr and Rs 30.4 crore, severally.
11th March 2015

Mumbai Metro Line planned along proposed Coastal Road
Q: Hi, the scale and scope of the ambitious coastal road project in Mumbai is likely to be expanded.

My replies to this discussion
Hi Rupam, As per Official estimates say that the cost of setting up an underground Metro Rail route is Rs 800 crore/km, whereas an elevated rail can be built at Rs 220 crore/kilometre. In the case of the coastal road project, the option of a Metro route at grade would cost Rs 70 crore/kilometer.Hi Rupam, As per Official estimates say that the cost of setting up an underground Metro Rail route is Rs 800 crore/km, whereas an elevated rail can be built at Rs 220 crore/kilometre. In the case of the coastal road project, the option of a Metro route at grade would cost Rs 70 crore/kilometer.
Broker sentiment in NCR.
Q: Why property brokers are shutting down their business in Gurgaon & Noida ?

My comments to replies
Hi Tushar, Real estate, once a booming business, has currently changed into a site for brokers in Noida and Gurgaon. As per my opinion, project delays and a severe liquidity crunch within the market appear to own delayed their commission payments, forcing several little brokerage companies to shut shop.
Hi Tushar Sinha, A long-standing delay in payment of commission by developers is pushing brokers towards the sting because the amount was an outsized one. According to me, lack of correct protocol for commission payments, illiteracy within the brokerage business and handiness of the many choices within the markets are cited because the major reasons for brokers having a lower hand in these deal. Brokers generally charge developers around 2-3% as commission.
19th March 2015

what are the pros and cons of land acquisition bill ?
Q: What is the impact of land acquisition bill past by central govt in year 2015 ?
Syed Pasha

My replies to this discussion
Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.Hi Guys, According to Finance Minister, it is not a setback. It is set forward. Rather than involve ourselves in political deadlock and remain parked in a traffic jam situation, we should take the possible route, which has lesser political cost, provide greater freedom to the states... and states who want to get benefit out of it, get the benefit out of it.
My comments to replies
Hi Syed, It has been a stormy begin to Parliament Budget session because the united opposition has vociferously taken on the Narendra Modi government Land Acquisition Bill. The opposition parties are against the Bill inculpative the Bharatiya Janata Party-led National Democratic Alliance government of bulldozing its manner through in Parliament.
@ Syed Pasha, As per my knowledge, the Bill can replace the ordinance publicised by the govt. in December 2014, that had brought changes within the Right to truthful Compensation and Transparency in Land Acquisition, transportation and Rehabilitation (Amendment) Act (RFCTLARR) passed in 2013 by the UPA government. If the Bill isn't passed during this session, then the ordinance can lapse and can't be introduced once more.
20th March 2015

Hi, I heard from news that, Land Acquisition Bill that deals with the developers who have termed the center's move to let the land acquisition bill fall through as "disastrous". According to them the decision will affect infrastructure projects such as the coastal road, the nuclear power project at Jaitapur and other industrial projects across the state. Even national projects such as the industrial corridor will face difficulties. Land acquisition for railways, airports and power plants will be difficult. Kindly discuss.
Guys, Yesterday, Finance Minister replied back to the developers saying, let the land acquisition ordinance to lapse is not a problem for the government and the different route assumed by the Centre will provide greater flexibility to the states to deal with the issue.
7th September 2015

May I know why restrictions ,imposed by Delhi Govt on sells of lease hold property?

My replies to this discussion
Another advantages of freehold property is, you will be entirely responsible for maintaining the property. Definitely you will have the total ownership rights of the property. And mainly no need to pay annual ground rent. In other hand, leasehold property is safer to purchase because of clear titles, developer's all documents are neatly verified.Another advantages of freehold property is, you will be entirely responsible for maintaining the property. Definitely you will have the total ownership rights of the property. And mainly no need to pay annual ground rent. In other hand, leasehold property is safer to purchase because of clear titles, developer's all documents are neatly verified.
My comments to replies
Hi Guys, I am keen to invest in real estate. I want to know, what are the advantages & disadvantages of buying property on lease land? Kindly share some information.
Hi Subho, As per my knowledge, the difference between the freehold & leasehold property is the ownership and control of land. As the proprietor, you can basically do what you wish with your home gave you keep within planning rules. In leasehold; the ownership is given by the govt for residency of 99 years. It is conceivable to extend the leasehold to up to 999 years, if owner wishes to augment the lease.
21st August 2015

Hi Mr Gautam Das, As per my knowledge,in a positive advancement, the revenue department, which banned buying and selling of leasehold properties in year 2011, has asked all enlisted registrar office to permit buying and selling of leasehold properties. This has come as an alleviation to numerous property holders and is likewise anticipated that would influence land costs. These exchanges were prior done through the general force of lawyer.
@ Mr Das, As per sources, authorities said that properties that change holders, yet enrolled through the force of lawyer or sale agreement, will now be allowed for all related exchanges. The office round says: "It is elucidated to all Sub-Registrars that under Section 17 (1-An) of the Registration Act, reports containing contract to exchange for thought any ardent property is necessarily registrable record if having been executed after the initiation of Registration (Amendment) Act 2001.
27th March 2015

The dumping of development material on streets: NGT coordinates seizure of vehicles in West Delhi.
Q: National Green Tribunal has coordinated South Delhi Municipal Corporation (SDMC) to take vehicles conveying such things.

My replies to this discussion
Hi Akash, The Tribunal said in situations where building materials were wrongfully brought and dumped on a private area, it is for the MCD to make suitable move as per law. "The MCD should give proper notification to the manager of premises concerned and in the wake of giving open door and being fulfilled that illicit dumping has been carried out in an unapproved way, the premises might be fixed," it said.Hi Akash, The Tribunal said in situations where building materials were wrongfully brought and dumped on a private area, it is for the MCD to make suitable move as per law. "The MCD should give proper notification to the manager of premises concerned and in the wake of giving open door and being fulfilled that illicit dumping has been carried out in an unapproved way, the premises might be fixed," it said.
What is Draw Date for Tulip Lemon Affordable Housing
Q: reply on

My comments to replies
Can anybody have any idea is that project passed bygov. Or not.
Hi Kamendra, I came to know that, lucky draw has been completed for this project. Results may be declared soon.
25th August 2015

Should financial specialists or investors stay far from realty amid value amendment mode?

My comments to replies
Hi Mr Pranab, According as far as anyone is concerned, for over two years now, land costs have stayed stagnant. The NCR and Mumbai, where designers are saddled with a tremendous stock and financial specialists are thinking that it difficult to leave, are confronting a weight on costs. "With ingestion rates hitting an extraordinary failure, manufacturers are attempting to recover their volume.
Hi Pranab Malakar, According to me, value stagnation is the first indication of a bear advertise in land. As more speculators understand that they can create better returns by putting their cash in other resource classes, for example, the value or obligation market, they will begin off-stacking their stock. "Costs have stayed level for as far back as two years and the time it now, time for a rectification owing to the opportunity expense of capital.
6th April 2015

Hi Pranab, Presently, the indications of redress are starting to show in Mumbai too. While the value weight is very little in the city's western rural areas because of no additional supply, property costs in focal Mumbai, particularly in Worli and Parel territories, are confronting weight.
@ Mr Pranab, In my opinion, in this current market condition, not withstanding, those looking to purchase property for individual utilize, and not in a position to put off their buy, ought to hold up under as a top priority that this is a purchaser's business and ought to drive a hard deal.
13th April 2015

Quality of construction have been declined during last quarter.

My replies to this discussion
Hi Subho Mallik, According to sources, Over 80 every penny of development organizations are thinking about one or all the more failing to meet expectations projects in the nation. Around 82 every penny of the organizations working in development space in India had one or all the more failing to meet expectations projects in 2014-15. Poor builder execution and project postponements have been recognized as the two prime reasons for the under-execution.Hi Subho Mallik, According to sources, Over 80 every penny of development organizations are thinking about one or all the more failing to meet expectations projects in the nation. Around 82 every penny of the organizations working in development space in India had one or all the more failing to meet expectations projects in 2014-15. Poor builder execution and project postponements have been recognized as the two prime reasons for the under-execution.
Delhi NCR high rise apartments.
Q: Are DelhiNCR high-rise apartments proficient to handle an earth quake?

My comments to replies
Hey Guys, Now govt. is planning to come up with new building plan , approve for safe infrastructure- Earthquake resist building plan. As it is a major concern after past earth quake incident in Nepal. Kindly discuss.
Hi Vibhor, As per news, the city government is preparing to include structural engineering during the time of building plan approval to guarantee safety of structures. As per government records, there are around 31 lakh flats in Delhi which are at medium danger of being influenced by an earth quake.
10th July 2015

Hi Guys, As of late from news i heard that , the state government glided a proposition for Delhi individuals to have their structures examined by structural engineers to figure out if they are quake safe or not. Kindly share your reviews about it.
Hi Tushar, The state government on April 28 drifted a proposition for Delhi individuals to have their structures examined by auxiliary designers to figure out if they are seismic tremor safe or not. It additionally issued headings to all legislature and private doctor's facilities to give treatment free of expense to casualties of every regular calamities and debacles.
30th April 2015

Khasra number 1134,1135 & 1136 registered in whose name

My replies to this discussion
Hi Laiq ahmed, As per my knowledge, Khasra is a legal agricultural document that specified crop & land details. To know about land khasra number , check with your local municipal office or you can visit state collector office for khasra information.Hi Laiq ahmed, As per my knowledge, Khasra is a legal agricultural document that specified crop & land details. To know about land khasra number , check with your local municipal office or you can visit state collector office for khasra information.
What is the present redesign on Goods and Services Tax and the Real Estate Bill?
Q: Will it have an impact when all is said in done improvement regions?

My replies to this discussion
Hey Guys, As per the latest news, the Union Cabinet has sanction amendments to the Constitution (122nd Amendment) Bill to dispatch the goods and service tax (GST), joining a percentage of the proposals of the select board of Rajya Sabha that ought to make room for the entry of this greatly anticipated change ought to Parliament capacity.Hey Guys, As per the latest news, the Union Cabinet has sanction amendments to the Constitution (122nd Amendment) Bill to dispatch the goods and service tax (GST), joining a percentage of the proposals of the select board of Rajya Sabha that ought to make room for the entry of this greatly anticipated change ought to Parliament capacity.
My comments to replies
Hey Guys, According to the latest news, congress individuals in the parliamentary joint committee investigating the alternations in the Real Estate Bill have requested that all projects, regardless of size ought to be guided under the proposed law. Kindly discuss about it.
Hey Jeet, As per news, this perspective as contradiction note by Congress has astonished many people, like even the original bill that UPA government had conveyed to the Parliament had the procurement that all projects could register with the regulator just if these projects were constructed on plots ranging more than 1,000 sq-mtrs.
3rd August 2015

Demand & Supply in Delhi NCR year 2015-16.
Q: Experts believe that to overcome from current market ease off, the NCR builder & developers ought to see more affordable housing projects and better financing modalities.

My replies to this discussion
Hi James, According to distinctive sources & reports , the Delhi-NCR real estate business saw an offer of 28,500 units in the first a large portion of 2014 and 12,075 units in the second 50% of 2014. More prominent Noida represented greatest housing deals in Delhi-NCR in 2014 at 17,235 units. This was trailed by Ghaziabad at 8,090 units, Gurgaon at 7,933 units and Noida 6,467 units individually.Hi James, According to distinctive sources & reports , the Delhi-NCR real estate business saw an offer of 28,500 units in the first a large portion of 2014 and 12,075 units in the second 50% of 2014. More prominent Noida represented greatest housing deals in Delhi-NCR in 2014 at 17,235 units. This was trailed by Ghaziabad at 8,090 units, Gurgaon at 7,933 units and Noida 6,467 units individually.
Registration in Gurgaon
Q: hi i am from meerut. want to invest in real estate project. Does anyone know what is the process for registration

My replies to this discussion
Hi Rahul, As per my knowledge, there are two ways to register your property. Either you can do it by on line or off line. On line you can visit district administration website, check what are the documents needed at the time of registration. Another way is by visiting the particular sub registered office , where the property belongs. Here in this office , you can have all the needful details of formalities concerning to the property registration in Gurgaon.Hi Rahul, As per my knowledge, there are two ways to register your property. Either you can do it by on line or off line. On line you can visit district administration website, check what are the documents needed at the time of registration. Another way is by visiting the particular sub registered office , where the property belongs. Here in this office , you can have all the needful details of formalities concerning to the property registration in Gurgaon.
Four new urban high tech townships will be developed by YEIDA.
Q: It is been trending in the market ,4new townships are coming in DelhiNCR. Guys, share your informations.

My replies to this discussion
Hi Akash, I came to know from latest news that joint board of three development authorities YEIDA, Greater Noida & Noida , has approved the 2nd phase of YEIDA master plan 2031. These three authorities are also preparing for four new urban township alongside Mathura, Agra, Aligarh and Hathras. Out of these four township, two will be developed at Raya & Tappal . About rest two township, locations are yet to be conformed.Hi Akash, I came to know from latest news that joint board of three development authorities YEIDA, Greater Noida & Noida , has approved the 2nd phase of YEIDA master plan 2031. These three authorities are also preparing for four new urban township alongside Mathura, Agra, Aligarh and Hathras. Out of these four township, two will be developed at Raya & Tappal . About rest two township, locations are yet to be conformed.
LBZ bungalows make way for three storey building.
Q: I heard in news, Delhi Urban Arts Commission is suggesting to raise the residential height limit.

My replies to this discussion
Hi Pranab, I wonder, Is the stage being situated for the Lutyen's Bungalow Zone (LBZ) to be redeveloped? As per my knowledge, Delhi Urban Arts Commission (DUAC) has recommended that the height can be expanded up to 12 meters, which is double of the present stature of the bungalows. This would be sufficient to build a three storey building.Hi Pranab, I wonder, Is the stage being situated for the Lutyen's Bungalow Zone (LBZ) to be redeveloped? As per my knowledge, Delhi Urban Arts Commission (DUAC) has recommended that the height can be expanded up to 12 meters, which is double of the present stature of the bungalows. This would be sufficient to build a three storey building.
Dexterous Builder Review.
Q: Sale Purchase of flat was really good

My replies to this discussion
Hi Kunal, As per sources, Dexterous builders (p) ltd. was established in the year 2008. This developer is one of the fast growing developer in Indian Real estate Market. Today this developer appreciates a secure presence in Delhi/Ncr and has made its position as one of the biggest company in real estate industry.The developer has displayed tremendous development amid the three Years of its Incorporation.Hi Kunal, As per sources, Dexterous builders (p) ltd. was established in the year 2008. This developer is one of the fast growing developer in Indian Real estate Market. Today this developer appreciates a secure presence in Delhi/Ncr and has made its position as one of the biggest company in real estate industry.The developer has displayed tremendous development amid the three Years of its Incorporation.
Builder buyer agreement in DelhiNCR.
Q: I heard from news, National Consumer Disputes Redressal Commission has taken action against real estate company under builder buyer agreement.

My comments to replies
Hey Guys, As per latest news Modi govt. said that his govt protect buyer from unauthorized development by the builder & developer.
Hey Tushar, As per latest news, Understanding the picture of builders is bad, honorable Prime Minister Mr Narendra Modi recently guaranteed to ensure the home purchasers and declared that a bill in such manner will be pushed amid the upcoming Monsoon session of Parliament.
25th June 2015

Latest update in Transit Oriented Development (TOD) .
Q: What is the latest development towards TOD in Delhi?

My replies to this discussion
Hi Pranab, As per my knowledge, It is very much necessary for India to work towards Transit Oriented Development. Conservative urban cities that can reprocess their waste and water and above all have an extraordinary transportation system is the great need. It is a naked truth that the nation's population is growing at a fast pace. So TOD is only option.Hi Pranab, As per my knowledge, It is very much necessary for India to work towards Transit Oriented Development. Conservative urban cities that can reprocess their waste and water and above all have an extraordinary transportation system is the great need. It is a naked truth that the nation's population is growing at a fast pace. So TOD is only option.
What is the current real estate market scenario of Greater Kailash, DelhiNCR ?
Q: Hey Guys, Share some information about Greater Kailash. I heard it is a investment hub !! How is the locality?

My replies to this discussion
Hi Guys, As per the news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.Hi Guys, As per the news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.
My comments to replies
Hi Guys, As per the news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.
As per sources, the NCR property market is presently offering less homes as far as volume than even a littler market like Bengaluru. Unless this unsold inventory gets ingested, it will be troublesome for buyers certainty to return to this market. This has extended the balance records of builders over the NCR, hampering their capacity to diminish obligation or launch brand new projects.
23rd October 2015

Expectations from DelhiNCR real estate market.
Q: More developers will enter to the market in this financial year.

My replies to this discussion
Hi Akash, As per latest news, Delhi and its nearby zones are again getting to be prime speculation destinations for land developers, with, for example, Sobha Developers and Godrej Properties planning new projects. Tata Housing and Bharti Realty have likewise declared projects close to the Delhi border.Hi Akash, As per latest news, Delhi and its nearby zones are again getting to be prime speculation destinations for land developers, with, for example, Sobha Developers and Godrej Properties planning new projects. Tata Housing and Bharti Realty have likewise declared projects close to the Delhi border.
My comments to replies
I completely agree with Nikhil Agarwal, Delhi NCR especially areas like Noida sector 144, sector 119 and areas surrounding these sectors are gaining huge response from both builders and investors. Some well-known builders Geoteck, Unnati Fortune Group and more are building some big projects that include residence, commercial and retail space.
Hey Kalki K, AS per my knowledge, Noida extention presents affordable houses from great developers and developed as an engaging destination for each one of those hoping to purchase house at reasonable rates. However, people were sitting tight for the court judgment before they could bolt their funds. Since the danger is no more there, the interest for the house here will rise.
25th June 2015

Brochure of revanta does not give complete details.
Q: The brochure of revanta smartcity in l zone does not give clear picture of exact point of site on map, time of starting construction,payment plan etc.

My replies to this discussion
Hi Narinder, As per my knowledge, Revanta Smart city is one of the welfare society development in L zone ,Dwarka. This is a Group Housing Society project in Dwarka. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 975 sq-ft to 2100 sq-ft. Builder quoted price is around 3150/sq-ft. Expected possession of this project is around 2019 December.Hi Narinder, As per my knowledge, Revanta Smart city is one of the welfare society development in L zone ,Dwarka. This is a Group Housing Society project in Dwarka. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 975 sq-ft to 2100 sq-ft. Builder quoted price is around 3150/sq-ft. Expected possession of this project is around 2019 December.
How is the prospect of investing in a small ticket property like a 2bhk flat in Suprtech Eco Village 1 in Noida Extn ?
Q: need investment advice and project review

My replies to this discussion
Hi Manish, As per my knowledge, Supertech eco village-1 is one of the popular residential development in Greater Noida west. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 890sq-ft to 2364 sq-ft. Builder quoted price is around 3742/sq-ft. This project has 3phases . Phase-1 is already in ready to move stage. Phase2 will take approx 6 to 7 months for possession.Hi Manish, As per my knowledge, Supertech eco village-1 is one of the popular residential development in Greater Noida west. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 890sq-ft to 2364 sq-ft. Builder quoted price is around 3742/sq-ft. This project has 3phases . Phase-1 is already in ready to move stage. Phase2 will take approx 6 to 7 months for possession.
DDA projects in Dwarka.
Q: Hey I heard , DDA has come up with a high end housing scheme and proposal to redevelop staff quarters . Kindly discuss.

My replies to this discussion
Hi Jeet, As per latest news, surprisingly, the Delhi Development Authority has come up with unique high end housing scheme. The land owning agency has chosen to develop penthouses, an in the first place, and HIG (high income group) houses in Dwarka. This is really a nice initiative taken by Delhi Development Authority .Hi Jeet, As per latest news, surprisingly, the Delhi Development Authority has come up with unique high end housing scheme. The land owning agency has chosen to develop penthouses, an in the first place, and HIG (high income group) houses in Dwarka. This is really a nice initiative taken by Delhi Development Authority .
Smart Cities in West India
Q: Which localities in Mumbai are going to be Smart Cities?

My comments to replies
Yes, 35 cities and towns have a population between 1 and 5 lakh. There are 21 cities with population ranging between 5 and 10 lakh, 25 cities have population of above 10 lakh and below 25 lakh. A set of 5 cities are in the population range of 25 to 50 lakhs. 4 cities namely Chennai, Greater Hyderabad, Greater Mumbai and Ahmedabad have population of about above 50 lakh each.
Why is it only 98 and not 100 as per the original plan? Is there any issue with those cities? Kindly express....
28th August 2015
What next for the shortlisted cities? Is there any rule for those cities which are not selected in the first round can again participate in the second and third round by improving their performances?
28th August 2015

Update on Delhi Urban Development .
Q: Delhi Govt. is going to speed up registration of unauthorized colonies .

My replies to this discussion
Hi Nikhil Agarwal, As per latest news, to upgrade housing and urban advancement in the national capital, the Delhi government today declared a financial plan of Rs 1,793 crore,32% more than a year ago, a slum redevelopment policy to add to the JJ clusters and speed up the regularization of unapproved colonies.Hi Nikhil Agarwal, As per latest news, to upgrade housing and urban advancement in the national capital, the Delhi government today declared a financial plan of Rs 1,793 crore,32% more than a year ago, a slum redevelopment policy to add to the JJ clusters and speed up the regularization of unapproved colonies.
Foreign investment in Greater Noida.
Q: Chinese commercial & real estate chain Dalian Wanda Group is keen about investing in Greater Noida.

My comments to replies
Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
28th October 2015

Modi government launched Ghar Wapsi campaign.
Q: Hey Guys, what will be the impact of Ghar wapsi campaign on Delhi real estate market ?

My replies to this discussion
Hi Subho Mallik, According to most recent news, numerous beleaguered landlords are standing by for their own ghar wapsi under the Narendra Modi government as they keep on drawing wage as rent for properties worth crores in prime regions of the capital. The Delhi Rent Control Act, 1958 has been challenged in the eyes of Delhi high court for quite a while on an appeal filed by a association of landlords.Hi Subho Mallik, According to most recent news, numerous beleaguered landlords are standing by for their own ghar wapsi under the Narendra Modi government as they keep on drawing wage as rent for properties worth crores in prime regions of the capital. The Delhi Rent Control Act, 1958 has been challenged in the eyes of Delhi high court for quite a while on an appeal filed by a association of landlords.
Hey I am planning to invest in L Zone Dwarka. Confused because of many CGHS ltds. Can any one guide who is best to inves

My replies to this discussion
Hi Rakesh, As per my knowledge, Shri Hari Niwas Welfare society is a popular residential welfare society development in L zone. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 850sq-ft to 2600sq-ft. This project is located in a prime location ,having all daily basic amenities nearby. Builder quoted price is around 2700/sq-ft. Expected possession of this project is around December 2019.Hi Rakesh, As per my knowledge, Shri Hari Niwas Welfare society is a popular residential welfare society development in L zone. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 850sq-ft to 2600sq-ft. This project is located in a prime location ,having all daily basic amenities nearby. Builder quoted price is around 2700/sq-ft. Expected possession of this project is around December 2019.
Smart City: Gurgaon.
Q: What initiatives has been taken by the Haryana Govt. for developing Gurgaon as a smart city?

My comments to replies
Hey Guys, As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
@ Sadashiva, Union Urban Development minister M Venkaiah Naidu said the mission has produced much interest overseas and companies from 14 countries including Italy, US, the Netherlands, Spain, United Kingdom, Canada, France, Belgium, South Africa, Singapore, Hong Kong, Norway, Japan & Abu Dhabi have been selected for planning of city level Smart City Plans for 42 of the Mission cities.
21st October 2015

Delhi Housing and Urban Development.
Q: Is Delhi Govt. taking new steps to strengthen housing and urban development in Delhi ?

My replies to this discussion
Hi Mr Praveen, As per news, keeping in mind to support the housing and urban development in Delhi, the AAP govt has allotted Rs 1793Cr in the Delhi Budget 2015. In the budget discourse, Deputy Chief Minister Manish Sisodia declared that, Delhi govt has considered aspirations as well as expectations of Delhi people while setting up this budget. Govt. wish to establish Delhi into a world class skill center via this budget.Hi Mr Praveen, As per news, keeping in mind to support the housing and urban development in Delhi, the AAP govt has allotted Rs 1793Cr in the Delhi Budget 2015. In the budget discourse, Deputy Chief Minister Manish Sisodia declared that, Delhi govt has considered aspirations as well as expectations of Delhi people while setting up this budget. Govt. wish to establish Delhi into a world class skill center via this budget.
Q. I am looking for a plot/property near to Noida.
Q: I have visited the place (Village) Chipiyana (Gautambudh Nagar)where someone referred me about ready to move property in Om Sai Enclave where dealer is selling the 100 Sq. Yards house with proper registry. Please suggest me whether it's legal land or there is something wrong with this land.

My replies to this discussion
Hi Neeraj, As per my knowledge, this is a residential plot development project by Urmil Developers in Gautam Buddh Nagar, Greater Noida. This project has nearly 600 units of plots. All the plots are free hold for immediate registration. Builder quoted price is around 1800/sq-ft to 2000/sq-ft according to location. Plots are ranging from 450 sq-ft to 2142 sq-ft. 100 sq-yd plot is same as 900 sq-ft plot.Hi Neeraj, As per my knowledge, this is a residential plot development project by Urmil Developers in Gautam Buddh Nagar, Greater Noida. This project has nearly 600 units of plots. All the plots are free hold for immediate registration. Builder quoted price is around 1800/sq-ft to 2000/sq-ft according to location. Plots are ranging from 450 sq-ft to 2142 sq-ft. 100 sq-yd plot is same as 900 sq-ft plot.
when will the possession be given for Supertech sorates towers
Q: when will I get my flat? Its been 2 yeras and i haven't got any possession or registered documents. I have enquired so many times but the officials have turned a deaf ear towards my complaints

My replies to this discussion
Hi Anjali, As per my knowledge, Socrates is one of the popular affordable development in Greater Noida. This project offers 1BHK & Studio apartments , area ranging from 477 sq-ft to 545 sq-ft. Builder quoted price is around 3500/sq-ft to 3850/sq-ft. Expected possession of this project is around September 2015. This project has two side open plots on FNG Corridor which is having 130meters wide road.Hi Anjali, As per my knowledge, Socrates is one of the popular affordable development in Greater Noida. This project offers 1BHK & Studio apartments , area ranging from 477 sq-ft to 545 sq-ft. Builder quoted price is around 3500/sq-ft to 3850/sq-ft. Expected possession of this project is around September 2015. This project has two side open plots on FNG Corridor which is having 130meters wide road.
Where to invest in DelhiNCR?
Q: Hey I want to know which areas of DelhiNCR are a risky investment in terms of residential real estate?

My replies to this discussion
Well guys ,these are all the positive factors why someone will invest. But what are the various issues that should be avoided at the time of buying property in DelhiNCR ?Well guys ,these are all the positive factors why someone will invest. But what are the various issues that should be avoided at the time of buying property in DelhiNCR ?
What is draw date of TULIP Lemon Huda Affordable Housing Sector 69 Gurgaon ?
Q: Registration end date was 28-Feb-2015

My comments to replies
Hi Surendra, As per sources, the draw date is around July End. It is getting late because some clearances are still on process. For example like environmental clearance & ground water level. Booking has been close. Approx 5000 applicants have applied for around 500 apartment. Those who will be lucky, will get this HUDA approved apartment, financing by any private & govt. bank .
Hey Guys, I heard that, lucky draw has been completed for this project. Results may be declared soon.
24th August 2015

Declining rental & capital value in DelhiNCR.
Q: As per the latest survey, I cam to know that DelhiNCR is showing declining trend in the first half of this year. Kindly discuss.

My replies to this discussion
As per the latest news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.As per the latest news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.
My comments to replies
As per the latest news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.
As per sources, the NCR property market is presently offering less homes as far as volume than even a littler market like Bengaluru. Unless this unsold inventory gets ingested, it will be troublesome for buyers certainty to return to this market. This has extended the balance records of builders over the NCR, hampering their capacity to diminish obligation or launch brand new projects.
22nd October 2015
As per sources, the NCR property market is presently offering less homes as far as volume than even a littler market like Bengaluru. Unless this unsold inventory gets ingested, it will be troublesome for buyers certainty to return to this market. This has extended the balance records of builders over the NCR, hampering their capacity to diminish obligation or launch brand new projects.
23rd October 2015

Mahendra Shantima, sector 91, gurgaon, affordable housing project, long delayed?
Q: Dear Sir, Mahendra Developers Shantima project took bookings in November 2014, and even after such long wait, even now there is no confirmation on draw dates. What to do? Builder keeps giving meaningless excuses for delays & wants harshly written documents for refund, after waiting for over 9-10 months i don't know what to do? habitat too started bookings in november 14 & finally draw is announced for 12th August. Is this all not unfair to small investor? Even guiding estate brokers claim, they had no transparency & info You must raise this grave issue & provide solution, PLS..

My replies to this discussion
Hi Varun, Recently I inquired about the project & got to know , builder is waiting for the approval. Once the approval is in place ,builder will begin construction work.Hi Varun, Recently I inquired about the project & got to know , builder is waiting for the approval. Once the approval is in place ,builder will begin construction work.
How is progress of Klazina Gateway Towers by Klazina Consultants?

My replies to this discussion
Hi Ravi, As per my knowledge, Klazina Gateway Towers is one of the popular residential project in Neemrana. This project offers 1BHK & 2BHK apartment, area ranging from 550 sq-ft to 1100 sq-ft. Builder quoted price is around 2750/sq-ft. The possession of this project is expected to be in December 2017. All daily basic amenities are available nearby.Hi Ravi, As per my knowledge, Klazina Gateway Towers is one of the popular residential project in Neemrana. This project offers 1BHK & 2BHK apartment, area ranging from 550 sq-ft to 1100 sq-ft. Builder quoted price is around 2750/sq-ft. The possession of this project is expected to be in December 2017. All daily basic amenities are available nearby.
All you know about buying property on lease land.
Q: What are the advantages & disadvantages of such property?

My replies to this discussion
Hi Subho, As per my knowledge, the difference between the freehold & leasehold property is the ownership and control of land. As the proprietor, you can basically do what you wish with your home gave you keep within planning rules. In leasehold; the ownership is given by the govt for residency of 99 years. It is conceivable to extend the leasehold to up to 999 years, if owner wishes to augment the lease.Hi Subho, As per my knowledge, the difference between the freehold & leasehold property is the ownership and control of land. As the proprietor, you can basically do what you wish with your home gave you keep within planning rules. In leasehold; the ownership is given by the govt for residency of 99 years. It is conceivable to extend the leasehold to up to 999 years, if owner wishes to augment the lease.
Another advantages of freehold property is, you will be entirely responsible for maintaining the property. Definitely you will have the total ownership rights of the property. And mainly no need to pay annual ground rent. In other hand, leasehold property is safer to purchase because of clear titles, developer's all documents are neatly verified.Another advantages of freehold property is, you will be entirely responsible for maintaining the property. Definitely you will have the total ownership rights of the property. And mainly no need to pay annual ground rent. In other hand, leasehold property is safer to purchase because of clear titles, developer's all documents are neatly verified.
Proejcts in Delhi NCR?
Q: Hi guys, I have to move to Delhi NCR soon. What are some projects I can invest in in Noida or Gurgaon?

My replies to this discussion
Hi Saanjh, As per my knowledge, there are many suitable projects for investment in Noida or Gurgaon. Basically it depends upon your budget, how much you want to invest? Apart from that, locations like Noida & Gurgaon are the hot spot for investment in these days. Definitely you will get a good return by investing in any of these location.Hi Saanjh, As per my knowledge, there are many suitable projects for investment in Noida or Gurgaon. Basically it depends upon your budget, how much you want to invest? Apart from that, locations like Noida & Gurgaon are the hot spot for investment in these days. Definitely you will get a good return by investing in any of these location.
What is draw date of TULIP Lemon Huda Affordable Housing Sector 69 Gurgaon
Q: Anybody tel me when will declare the results of Tulip Lemon Sector 69 Gurgaon???

My replies to this discussion
Hi Rahul, As per my knowledge, the draw date was in 2nd or 3rd week of August. So yeah, draw has completed. Results will be declared soon.Hi Rahul, As per my knowledge, the draw date was in 2nd or 3rd week of August. So yeah, draw has completed. Results will be declared soon.
With recent list of smart cities there is no mention of Delhi Lzone. Delhi smart city would be the NDMC zone!!!!

My replies to this discussion
Hi Kabir According to the latest news, Development officials said that even though only 1 slot had been assigned to Delhi by the Urban Development ministry, city govt sent 2 names to the Urban Development ministry,1- NDMC area 2-IP Extension (in East Delhi). Feasibility showed the last choice of NDMC. The NDMC is a fairly over crowding-free zone and unreserved to develop.Hi Kabir According to the latest news, Development officials said that even though only 1 slot had been assigned to Delhi by the Urban Development ministry, city govt sent 2 names to the Urban Development ministry,1- NDMC area 2-IP Extension (in East Delhi). Feasibility showed the last choice of NDMC. The NDMC is a fairly over crowding-free zone and unreserved to develop.
Hi, Anyone plz suggest on the credibility of colours housing society at L ZONE,Dwarka.
Q: Kindly conirm is it adcisable to book a flat in colour Housing Society.

My comments to replies
Hi Ravinder Singh, As per my knowledge, Colors Krisha Heights is one of the popular residential cum commercial development in L zone. This is a prime development by Colors Housing Society. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 1050 sq-ft to 2500 sq-ft. Builder quoted price is around 3300/sq-ft. Expected possession of this project is around 2020 March.
Hi Guys, I heard that builder is not charging for PLC. Only car parking is 2Lac & Society member ship charge will 11000/-. Once Land Transfer Certificate will come, then construction will start. Currently the project is in soft launch. Booking last date is 10th September 2015. Booking amount is 15% of total cost. Rest 85% Will come by loan. Banks approving loan are Punjab National Bank, ICICI, HDFC & State Bank Of India.
7th September 2015

Price correction in realty sector in NCR.
Q: What is the impact of unsold property in NCR?

My replies to this discussion
Hi Rahul, As per the latest news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.Hi Rahul, As per the latest news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.
My comments to replies
Hi Rahul Kumar, As of now, NCR real estate market is not showing much impressive or aggressive improvement. Somehow long term investment is a only option here but good time to buy though. Builders are forced to cut down apartment prices as the unsold stock is piling over. Without selling the previous stock, how come they launch new project? Is not it running the reputation of builders?
@ Rahul Kumar, As per sources, the NCR property market is presently offering less homes as far as volume than even a littler market like Bengaluru. Unless this unsold inventory gets ingested, it will be troublesome for buyers certainty to return to this market. This has extended the balance records of builders over the NCR, hampering their capacity to diminish obligation or launch brand new projects.
8th September 2015

Today I received a “Offer to Possession” from Klazina for my plot in Neemrana Gateway. Did anyone else got that too?

My replies to this discussion
Hi Ravi, I am planning to buy a plot in Neemrana. Will you please quote the current price offering now a days? Have they gone through all approval process? How is the current real estate market scenario in Neemrana?Hi Ravi, I am planning to buy a plot in Neemrana. Will you please quote the current price offering now a days? Have they gone through all approval process? How is the current real estate market scenario in Neemrana?
when maintenance charges & electricity bills are applicable to pay
Q: Respected Sir, I booked a flat in Greater Noida in June 2010 and received the offer of possession letter along with final demand letter (with additional charges and additional demand in form of payment to the farmers and VAT charges, electrical meter installation charges) in end of the September 2014. When we visited the site, there was lot of work was pending not only in the flat but also inside the society, like, plaster work, wooden flooring, tabs, toilets seats, washbasins and sinks were not in toilets and kitchen, electric pipes were uncovered, electricity and water supply was not available in the flat and parking place, club, swimming pool, parks nothing was ready at all. In all, the flat was not ready to take possession. I sent an email and reminders too along with the photos of the flat to the developer but no reply came from their side. When I contacted them in January on phone they told me to first make the full and final payment then they will give the NOC and letter of possession, thereafter the work will be completed. By the end of March 2015, I made almost all the payment and on 25 April 2015 meter Installation Charges and an advance cheque for VAT charges were paid and got the Certificate of Possession and NOC. After submitting NOC at site, in June 2015 I got a mail regarding completion of work done in the flat and we took the actual possession on 9 July 2015. Registry was made on 3 August 2015. I got an electricity bill to be paid from January-August 2015 amounting Rs.22,000/- whereas I took the possession in the month of July 2015. Kindly advice me that when I am applicable to pay Electricity bills and other maintenance charges. Kindly suggest my Maintenance starts from the date of Offer of Possession Letter (22 September 2014) got or the Certificate of Possession and Possession Handover Certificate (25 April 2015) got after making the full and final payment or when the Actual Possession has been taken. Developer is forcing me to pay the electricity bill (Meter charge @Rs.75 for 8KV including various taxes) from January. Please suggest that should I pay the meter charges from January 2015..kya mera electricity bill and other maintenance charges January se pay karna banta h. If not then what action I have to take against the developer. Kind regards,

My replies to this discussion
Hi, As per my knowledge, as you have all the documents of when you got possession, when the registry happened & when the meter was installed, now you can discuss with builder about this issue, by showing him all documents. If you are finding any satisfactory answer from builder, then you can taken legal help from a lawyer. Get your sale deed verified.Hi, As per my knowledge, as you have all the documents of when you got possession, when the registry happened & when the meter was installed, now you can discuss with builder about this issue, by showing him all documents. If you are finding any satisfactory answer from builder, then you can taken legal help from a lawyer. Get your sale deed verified.
Can sm body shed sm lite on the second project of rdvanta that is revanta heightsm.is it similar to the previous one..

My comments to replies
Hi Preet, As per my knowledge, Revanta Heights is one of the residential cooperative society project, developed by Revanta Multi State CGHS. This project offers 2BHK, 3BHK & 4BHK apartment, area ranging from 975 sq-ft to 2100 sq-ft. This society is registered under central registrar of cooperative societies, govt of India. This project is located in L-zone, one of hot spot residential prime location, suitable both for investment & end use.
Hi Guys, This project is now on pre launch stage. As per sources, construction will start after 1year. Builder quoted price is around 3000/sq-ft to 3150/sq-ft. It will take around 3 to 3yr 6months time to complete this project. Here this project has 5towers, each tower has G+15 floors, each floor will have 4units, so total around 300 units will come in this project.
9th October 2015

part of plot sold twice and present sale deed has more area than mother deed
Q: in mother sale deed a person had a plot of 112.5 sq yard area out of which he had sold 2 square feet of area to his neighbour.then he sold his plot again to another person. but present purchaser has sale deed of 115 squareyard. how it beomes possible?please help. who is owner of that 2 squareyard area.

My replies to this discussion
Hi rajesh, The same property being sold to several individuals is a problem that might have been caused by lack of title deed for the property. Your neighbor has the rights of 2 square yard plot. Before purchasing the property, title deed search should have been performed to ensure that the what is the exact area of property was owned by the seller. and you should registered the remain property i.e 110.5 square yard. Otherwise it will be considered as illegal. Because land record depart has the record of the plot.Hi rajesh, The same property being sold to several individuals is a problem that might have been caused by lack of title deed for the property. Your neighbor has the rights of 2 square yard plot. Before purchasing the property, title deed search should have been performed to ensure that the what is the exact area of property was owned by the seller. and you should registered the remain property i.e 110.5 square yard. Otherwise it will be considered as illegal. Because land record depart has the record of the plot.
UP govt has relaxed entry rulefor builders
Q: The state government has reduced by half the minimum plot size required for a project to be launched under the Samajwadi Awas Yojna, a scheme for the lower and middle income group.

My replies to this discussion
I hear the news. A government order in this regard has also been issued by the principal secretary of UP Housing and Urban Planning department to all development authorities across the state. The government plans to construct 3 lakh units under the scheme by the end of this year.I hear the news. A government order in this regard has also been issued by the principal secretary of UP Housing and Urban Planning department to all development authorities across the state. The government plans to construct 3 lakh units under the scheme by the end of this year.
My comments to replies
Hi Praneetha, This has been done to accommodate small developers and land owners who want to build housing schemes under Samajwadi Awas Yojna. As per the new order, the minimum plot area must be 2.5 acres.
At the same time, the government has also reduced the width of a project's approach road from 18 metres to 12 metres. The move followed many private builders complaining that many projects failed to get sanction because of the clause.
27th January 2016
Govt. has also reduced the minimum carpet area has now been fixed to 40 sq-m while the maximum remains at 70 sq-m. We should really appreciate this move. It will really help the small builders.
27th January 2016

Real estate developers and experts are disappointed with RBI's unchanges rate cut
Q: The RBI kept its policy rate on hold at 6.75%, hoping to wait until after the government's annual budget statement at the end of February.

My replies to this discussion
It is true that our Real estate developers and experts are not happy with this decision with Reserve Bank of India leaving interest rates unchanged and invoked the central bank to reduce key policy rates around the Union Budget to infuse growth in the real estate sector.It is true that our Real estate developers and experts are not happy with this decision with Reserve Bank of India leaving interest rates unchanged and invoked the central bank to reduce key policy rates around the Union Budget to infuse growth in the real estate sector.
My comments to replies
Hi Ashish, Now we are expecting that the government would take thoughtful steps closer to the budget and provide further rate cuts to guide economic growth. The residential real estate has been the worst affected due to high interest rate and slow sales for the past couple of years. Current unsold residential inventory levels across India stands at over 6.9 lakh units and this would take more than 2.5 yrs to round off.
I am not ignoring it but at the same time, hope that both Finance Ministry as well as the RBI push all the Banks to transfer the benefits to the end consumer, else these moves will severely stop short of benefiting the consumer and only help in buffering the bottom lines of the bank.
3rd February 2016

General Power of Attorney - Real document over fake document
Q: Please help me. I have purchased a residential land property in New Delhi, RAMA VIHAR area, North West Delhi, Pin code - 110081. This is a power of attorney property and the colony has not yet been approved by DDA. It has been 3 years since I purchased this property. Now I found that there are some people (GUNDAS) having fake documents of any property and they claim to have any property their own property. WHICH IS ALL FAKE. Now can you please help me to take some necessary steps so that I don't fall in this type of situation in the future. I just want to ask what are the points/steps I need to keep in mind to have full legal control over my property? Can filing property tax of that land benefit me? Please help. How can I have full control/ownership LEGALLY on my property in this area? Thank you.

My comments to replies
Hi Lakshay, Power of Attorney is nothing but a simple document which lists out the powers that you want to share with the POA holder. It is primarily used by NRI to manage their property in India. Please note that it is NOW mandatory to have the POA registered specifically for property matters. Reach out to the office of Registrar (commonly known as office of sub-registrar) for your residential location with 2 witness to sign the POA in front of registrar.
Hi Lakshay, As i know, you should carry all the documentary proof documents like address proof, voter ID card, passport, Aadhar card in original along with their photo-copies for registration of property in your name. You never know what they can ask for. I could not find any official published list of documents and hence advise to carry as much proofs as possible to avoid inconvenience. Do not forget to carry the POA with you.
22nd February 2016

Review of Mahila Awas Yojna
Q: What is review of Mahila Awas Yojna project.. is it trust able project or not for buying
Vimlesh Rai

My replies to this discussion
As far as location benefit is concerned, Kavi nagar is 3 Km, Rajnagar Metro Station 3 km, Dilshad Garden Metro Station 13 km, ISBT Anand Vihar 14 km and New Delhi Railway Station is approx 25 km from the project site.As far as location benefit is concerned, Kavi nagar is 3 Km, Rajnagar Metro Station 3 km, Dilshad Garden Metro Station 13 km, ISBT Anand Vihar 14 km and New Delhi Railway Station is approx 25 km from the project site.
Builders are dominating consumers, projects are sometimes on time in Delhi/NCR
Q: In spite of the fact that interest at higher rate is charged from consumer for delay and minimal interest is payable by the builder by his own delay.

My replies to this discussion
This is a cheating and criminal breach. Matter has not been solved yet and Aggarwal alleged that he also filed a complaint before State Consumer Dispute Redressal Commission where a settlement was arrived at, as per which a plot measuring 335 sq-yrd was agreed to be given on further payment of Rs 22.23 lakh.This is a cheating and criminal breach. Matter has not been solved yet and Aggarwal alleged that he also filed a complaint before State Consumer Dispute Redressal Commission where a settlement was arrived at, as per which a plot measuring 335 sq-yrd was agreed to be given on further payment of Rs 22.23 lakh.
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