Latest Answer: Hi Dharmaja,
As the project is still in pre-launch phase so it is very difficult to predict the possession date. But, they have applied for IOD and CC for this project and waiting for the approval. Once, they will get the approvals, at the same time they launched the project and will declare it's possession date. As far as funding is concerned, all the major banks such as HDFC, DHFL, GIC Housing Fin Ltd., ICICI Banks have approved for loan.
Q:
Piramal Group, TPG Capital and Baring Private Equity Asia are in the race to acquire ICICI Home Finance Company, a subsidiary of India's largest private bank.
Latest Answer: Hi everybody,
It is time to awake and take your own decision. Don't take India in Wrong direction to make more urban cyber-coolies and urban techie coolies. More Educated unemployed fighting for videshi or sarkari jobs and more. Only education to make these kids to help their villages and live locally. No need to wear videshi dress. Our country should focus on education.
Q:
There are multiple costs one needs to pay while buying home. Apart from other costs, some builders also take an additional charge called the preferential location charge. Can anybody explain it?
Latest Answer: Hi Ashish,
There are no standard rules or guidelines that determine PLC. Each developer and project has a different PLC amount and most of the luxury apartments located in a posh location have higher PLC based on each unit. Apart from the luxury projects, penthouses which are built on top of a tower or an independent villa with a wide road in front or garden facing, or corner plot etc. may also have a PLC.
Latest Answer: Hi Manish,
They are currently quoting Rs. 2700/sq-ft. and a 1bhk in 470 sq-ft. will cost you Rs.16 lacs all including while a 1.5 BHK in 490 sq-ft. will cost you Rs. 16.65 lacs all including. Whereas a 2 and 2.5BHK from 504-600 sq-ft. will cost around Rs.24 lacs to 31 lacs all including.
You have to pay Rs. 50000 as a booking amount and rest of the amount as per the payment schedule. The date of possession will be February,2017.
Latest Answer: Even last year, a single judge of the High Couirt had in January also restrained Lakeview Developers and others from constructing small 40 and 80 sq.mt houses after 8 housing societies, including Eternia, in the Powai Area Development Scheme took them to court. Because, the developer was merely following an earlier HC order to construct affordable housing.
Latest Answer: @Rajat,
Not only this Rajat but also minimum use of Information Technology and other technologies to decrease personal program with public authorities. Personal visits are needed at every point of approval process. Most of the times change of officers in authorities/local bodies makes the process of approvals even more slower than normal.
Latest Answer: The 2022 target of a pucca home with basic facilities in the name of the lady of every household in the country will be achieved two years in advance.
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