Rahul Kumar, Delhi
Q: What is Intellectual Property Rights? Can anybody explain the terms?
My comments to replies
Good morning Shalini!!! Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an individual right over the use of his/her creation for a certain period of time. The importance of Intellectual Property Rights in India is well established at all levels whether it is statutory, administrative and judicial. Intellectual property rights are usually divided into 2 main areas :- 1) Copyrights and 2) Industrial Property.
Right Aneek...... There are many big and small intellectual property law firms world wide, like in India, USA, UK, Chicago etc. providing fair help to inventors and creators of product. In India intellectual property rights are safely protected and controlled by well established statutory and judicial system. Apart from that, there are many attorneys and law firm of intellectual property in many states of India.
26th August 2015

Q: Facing acute opposition in the Rajya Sabha and strong disturbance, the government has decided against moving the amended Real Estate (Development and Regulation) Bill in the current session and will try to get it through parliament next year.
My comments to replies
As per the recent news, the Real Estate (Regulation and Development) Bill had been referred to a select committee, which had given its report in July. But Congress, Left and AIADMK had expressed reservations on the report through disagree notes. Given the opposition, the government had formed an informal group of ministers to work out on a politically acceptable bill.
Right Dwarkesh and later the ministry of housing and urban poverty alleviation, which is leading the legislation, accepted all changes suggested by the select committee and the Cabinet gave its approval with further amendments on December 9. The bill won't be introduced but denied that it would go back to the drawing board because of reservations expressed by real estate developers.
23rd December 2015

Q: As per developers opportunities for effective assets went up 50-60% in 2015.

My replies to this discussion
It is true Sashidharan, Developers after realizing stressed opportunities in slow property market are looking for joint venture over the projects of developers who are thirsted for cash. Recently, Godrej Properties and Tata Housing have been doing such JVs. But remembered these are big players in the real estate market. Now, it is turn of the newcomers.It is true Sashidharan, Developers after realizing stressed opportunities in slow property market are looking for joint venture over the projects of developers who are thirsted for cash. Recently, Godrej Properties and Tata Housing have been doing such JVs. But remembered these are big players in the real estate market. Now, it is turn of the newcomers.
My comments to replies
Hi Rajesh, No construction whatsoever can be carried out on the common area without the consent of the other co-owners. If any construction is commenced or you apprehend that construction may be started without the consent of other co-owners then you may move to court to seek an immediate stay order against the construction.
Hi Rajesh, Pradyuman is right. First lodge complaint with local Municipal Corporation against such illegal structures. 2. If structures are permanent in nature and built without sanctioned plan then the Municipality will commence demolition works.
5th February 2016

Q: As we all know that a tax deduction of Rs 2 lakh per year is allowed against payment of interest on home loans, if the house is acquired within 3 yrs of taking the loan.

My replies to this discussion
Yes, it is just making the buyers ineligible for the tax-deduction. It is a fact they would have known at the time of taking home loan. It is better to buy your own home than rent a property for yourself.Yes, it is just making the buyers ineligible for the tax-deduction. It is a fact they would have known at the time of taking home loan. It is better to buy your own home than rent a property for yourself.
Q: I want to know about the success of this project and how much beneficial will be this project for buyers.

My comments to replies
Hi Jitu, If you are really interested in this project then i would suggest that you should visit the project site, see the construction status, meet the multiple buyers of this project, check the construction quality, check the nearby basic facilities, connectivity and transport facilities in the localities and then proceed. I think nobody can judge the current situation better than you. After all you are going to invest your hard earned money.
Second and most important, you should visit the developers office ask for the legal approvals, verify those papers with the local authorities, ask in the neighborhood about the project. if there is anything wrong with the project or any legal issue, they will must tell you. Better, if you take the advice of a legal expert for a safe buying.
11th April 2016

Hi Jitu, If you are a first time buyer and want to buy flats under this scheme then i would like to share some information with you. As per the notification by the Haryana Govt., The applications are invited for general public for booking of Residential Apartments in the Affordable Housing Project proposed to be developed as per terms and conditions of the policy prescribed by the Town & Country Planning Department, Government of Haryana vide notification no PF-27/48921 dated 19 August 2013. This policy is made to encourage housing projects where in apartments of predefined size are made available at predefined rates within a definite time frame to deserving beneficiaries in urban housing market.
Hello Sufia, Do you know about the flat rates? What about allotment of flat and eligibility criteria? I came to know that project will be handled by the Deputy Commissioner of the district in which the unit is located? What is your view on it?
11th April 2016

Q: Hi i want to buy a plot in sky aagan near Neemrana and i have seen a website skrrealtech who are selling the property in same place where i want so can i buy form there?
My replies to this discussion
Hi, Check whether the plots is NA or Non-NA. You have to face a lot of issue if it will be a agricultural land. You have to take the permission of DC if a it come under Gram Panchayat. You have to pay conversion charges to convert the property from agriculture to non-agriculture.Hi, Check whether the plots is NA or Non-NA. You have to face a lot of issue if it will be a agricultural land. You have to take the permission of DC if a it come under Gram Panchayat. You have to pay conversion charges to convert the property from agriculture to non-agriculture.
Q: I am a student of Insurance Management. I am working on a project on Property Insurance with specific focus on Risk Management of Civil construction projects.I want know about REIT. In an article I recently read there was something about banks playing a major role in REIT.The article read " It is also expected that the banks in India can be a major contributor of assets in REITs. These banks own vast commercial real estate for their offices and branches. These assets can be revalued and swapped into a REIT and the asset can be leased to the banks. This would enable the money raised to flow back to the bank for shoring up their balance sheets, and at the same time be a very stable asset for the investors." The article also mentioned about Budget 2016 exempting REIT from dividend distribution tax.I want to know how it will benefit the Real Estate sector. The link to the article is http://naredco.in/Article-details.asp?id=160&prYear=2016
My replies to this discussion
Hi, Real Estate Investment Trust and Infrastructure Investment Trust (REIT/InvIT) is a structured business trust model making easier entrepreneurs and corporate to monetize their capital locked in assets through issue of units to investors at large.Hi, Real Estate Investment Trust and Infrastructure Investment Trust (REIT/InvIT) is a structured business trust model making easier entrepreneurs and corporate to monetize their capital locked in assets through issue of units to investors at large.
Yes, developer/promoter to hold at least 25% units in the business trust to start with. Prescribed minimum asset size of Rs.1000 crore for REIT and Rs. 500 crore for InvIT. Compulsory distribution of 90% of post-tax income arising from assets held under REIT/InvIT whereas Minimum investment ticket size of Rs.2 lakh for REIT and Rs.5 lakh for InvIT by an investor.Yes, developer/promoter to hold at least 25% units in the business trust to start with. Prescribed minimum asset size of Rs.1000 crore for REIT and Rs. 500 crore for InvIT. Compulsory distribution of 90% of post-tax income arising from assets held under REIT/InvIT whereas Minimum investment ticket size of Rs.2 lakh for REIT and Rs.5 lakh for InvIT by an investor.
Q: Delisting means permanent removal of securities of a listed company from all or any of the recognised stock exchanges where such shares are listed. As a consequence of delisting, the securities of that company would no longer be tradable at that stock exchange.
My comments to replies
Hi Richa!! Thanks for the information. But i want to kn ow that what are the rules behind the delisting of a stock?
Good question Richa!! When a security is found to be not in compliance the exchange issues then company gets a notification of non-compliance from SEBI, but the stock is not immediately taken off the stock exchange. This letter gives the company the opportunity to respond with a description of the actions they are taking, or plan to take, to become compliant with continued listing standards. If the company doesn't respond with their plan of action within 10 business days of the receipt of the letter to the SEBI, the exchange would proceed with the delisting.
30th June 2016
But Public Shareholders to be given an exit option if the company or its promoters propose to delist its securities from all the stock exchanges on which they were listed. Over and above, no exit opportunity was required to be given in case the company continues to remain listed at stock exchanges having Nationwide trading terminals.
30th June 2016

Q: Some Specifications of Delhi Heights are : Living/dining room : Internal doors-Moduled skin flush door & hardwood frames, Ceiling-POP Punning finish, Master Bedroom: ,Balcony Floors-Laminated wooden finish floors, Ceiling-POP Punning finish, Balcony Areas, Lift Lobby/Corridors, Exterior Finish,Eletricals etc

My comments to replies
Hi Mohit, Can i get the details of this project? Who is the builder of this project and where is the project strategically located?
Hi Ankur, Royal Homes by Delhi Heights located at L Zone Dwarka, Delhi offers 2/3 BHK residential flats from 950-1490 sq-ft. It's sizes are available from 950-1100 q-ft. in 2BHK and 1490 sq-ft. in 3BHK. It's current price will be Rs. 3165/sq-ft. A 2BHK will cost to you Rs.30.06 - 34.81 lakh onward and for 3BHK, Rs. 47.15 lakh onward. Currently, project is under construction and delivered by December,2020.
3rd August 2016

Q: I work as an executive at a manufacturing company of auto parts in Okhla, born and brought up in UP through out. I used to live with wife and my kids at East Delhi and my parents and all live in home town Kanpur. For investment purpose in 2011, I bought some property in Gaur City a project from Gaursons. Everything was going fine till 2015 the time I got to move to Ludhiana as I got promotion and transfer to Ludhiana. So I decided to cancel my booking at Gaur City. And I cancelled my property in august 2015. Also it has been 4 years since I have paid all installments on time. I mailed my details and concern to gaurson’s team and to get my refund ASAP. I was panicked to hear the response from them “what so ever money you have given to us , we have invested that same in construction , we can’t get money out from construction . We will refundyou once the flat allotted to you is sold to someone else.” It got afraid as I was going to move to Ludhiana and they were saying that they will refund it after myflat gets sold. Also it would be difficult for me to follow up for my money from Ludhiana. Also I was worried about my investment made as it was all I have earned from my hard work and If something wrong happened or I got cheated then I would left with nothing for me and my family. I went to gaursons office. And meet with concerned persons discussed my issue with them. They assure me that there won’t be any such issue. They assisted me every way possible but still I was quite nervous and was doubtful about my refund. Finally in March2016 I got my refund. It took 6 -8months get it done but still I am thankful to the cooperation by gaursons team that I got my hard earned money hassle-free refund in a year. Entire market is struggling due to slow down in the real estate industry. Lots of buyers are crying for their money refund after cancellation or facing lots of issues from builders. And in such condition gaursons cooperation left a good experience for me. And additional thing is patience is very crucial in such cases as builder is also quite right at their perspective that whatever money they got from buyers they invest that in construction work so it is tough for a builder to refund the amount instantly and moreover any builder doesn’t want their buyers to cancel the booking of property.
My comments to replies
See, every builders are not equal. Sometimes, a project get delay due to approval process, lack of fund and civic issues. We can not target a builder every time. Builders are also want that as soon as they delivered the project to their buyers. It will not only make their good reputation in the market but also they can start their new launched project. Our approval process is so lengthy that it will take around 8-12 months and sometimes more than that to get a project approved. I am very happy that you will get your money back in need.
Hello Anand!!! I am agree with you. But very few builders are good and give their flat possession on time. You know it very well that hundreds of such builder who delay their project due to earn some extra profit. They changed the floor plan, sometimes they don't fulfill the said amenities, ask for the unnecessary charges, cancelled the booking and don't refund the amount, give possession with OC and CC and many more.
3rd August 2016

Q: If you ever wished to own a spacious apartment with top notch facilities in Delhi, http://www.revantaheights.com/Revanta Heights from Revanta Multi State CGHS Ltd. has an answer to it. Revanta Heights offers you an investment deal for a lifetime.

My comments to replies
Hi, I have booked my 2BHK flat in it and i would like to share some information with other buyers of this project. Revanta Heights from Revanta Multi State CGHS Ltd. located at L-Zone, Delhi offers 2/3/4BHK residential flats. 2BHK from 995-1175 sq-ft., 3BHK from 1475-1675 sq-ft. and 4BHK in 2100 sq-ft. It's price will be Rs. 3170-3205/sq-ft. A 2BHk will cost you Rs.31.25 Lakh to Rs.37.25 Lakh onward, 3BHK, Rs.46.25 Lakh to 52.25 Lakh onward and for 4BHK it will be Rs. 67 Lakh onward. Expected date of possession will be June-2019.
Good Morning Alka, Thanks for the information. Even i have booked a 3BHK units of this project. This project has 2 favorable payment plans, where only land cost is to paid before LTC, so as to make it affordable to everyone. Land cost is Rs. 1200/= per sq. ft., which needs to be paid within 45 days of booking, in following two installments: 1) Rs.400/sq-ft.- at the time of booking, 2) Rs.800/sq-ft.- within 45 days of booking. Payment Plan-2:- Land cost is Rs.1350/sq-ft., which needs to be paid in following 3 equal installments: 1) Rs.450/sq-ft. at the time of booking, 2) Rs.450/sq-ft.–within 45 days of booking, 3)Rs.450/sq-ft –at the time of LTC. Construction Cost is to be paid in CLPP and is priced at Rs. 1800/sq-ft. for both the payment plans.
9th August 2016

Hi Alka & Rahul, Thanks for the details. I am looking for 2BHK flats in Delhi. Is Revanta Heights will be a good investment? What are the location benefits of this project?
Hi Lohit, Certainly, it will be a good options for both investment as well as for end use. Revanta Heights has good connectivity to the other parts of the city. It is 7 mins from upcoming Disney Land, 5 mins from Dwarka Sec-21 Metro Station, 2 mins from UER 2, 5 mins from upcoming I.P. University, 10 mins from forthcoming AIIMS-2, 5 mins from upcoming Diplomatic Enclave and 5-mins from Grgaon-Dwarka Expressway.
9th August 2016

Q: Revanta Group, the pioneer of affordable housing in Delhi through DDA land pooling policy and MPD 2021, is proud to announce its entry into Developer Entity(DE) Format. As per Delhi LPP and Master Plan 2021 guideline, DE is allowed to pool land for unified planning, servicing and subdivision/share of the land for development as per prescribed norms and guidelines. We, the Revanta Multistage Co-operative Group Housing Society, have added a new wing to our portfolio- ‘APS Revanta Developers’.http://www.revantaplaza.com/ APS Revanta Developers aims to provide development services in Developer’s format.

My comments to replies
HI, After, launching of the much promising project of Revanta Group, Revanta Plaza, now other developers are too looking to catch on with more commercial and retail projects in Dwarka, the L-Zone. Revanta Group has seen great potential in L-zone, and because of this, they launched this project. Launching of the first commercial project in L-zone has given positive hopes for other developers to invest in more projects like this one. In Revanta Plaza project, shops sizes are precisely 200, 300, 400 and 600 sq. ft. This indicates that one who is looking for a shop in L-Zone should buy it now because the extensive projects are coming in L-Zone and this will raise the price.
Hi Asis, I am interested in this project and want to buy a commercial space in Revanta Plaza. Can you tell me the sizes of the shops and it's rate per square foot?
5th August 2016

Q: Rented HOme Or emi ? Which one is better even quality oriented ,so that it's costly.

My replies to this discussion
Hi, Buying is better only if you stay for 7 years or longer. India’s realty market is driven by investors rather than end users. Thus, if homes prices continue to remain flat for long, investors will start losing interest, as they are in the market for a good return on the money invested. Return comes in two ways—capital gains from the appreciation in the home prices or rental income. At present, apartment prices are either stagnant or witnessing a mild correction in most parts of India, and more so in the NCR. So renting is always a best option.Hi, Buying is better only if you stay for 7 years or longer. India’s realty market is driven by investors rather than end users. Thus, if homes prices continue to remain flat for long, investors will start losing interest, as they are in the market for a good return on the money invested. Return comes in two ways—capital gains from the appreciation in the home prices or rental income. At present, apartment prices are either stagnant or witnessing a mild correction in most parts of India, and more so in the NCR. So renting is always a best option.
Q: Considering all the basic and important need of their client's organization is developing and designing the tower of WTC Faridabad. Establishment of World Trade Center Faridabad will give opportunities to all business trades and entrepreneurs to extend their business at the global level as they promote businesses for the betterment commercial, economical and international projects globally. India classified as a newly industrialized country in the world and it became the world's fastest-growing major economy. Slowly and steadily, but it has been showing its growth in service sectors especially in IT sectors, BPO and hospitalization sectors and trade services. Development of WTC Faridabad is coming up with a bunch of opportunities in many service sectors. Economic growth depend on the expansion of services that have been driving consistently fast in all major sectors so being a part of World Trade Center Surat will be a profitable deal so book your personal office spaces as soon as possible. Investing in WTC Faridabad will come up with good profit in every sense as. View More Information Visit us: http://www.worldtradecenterfaridabad.net/
My comments to replies
Yeah, i read about WTC Faridabad. They will shortly introduce its luxurious and novel development that will comprise retail shops, virtual spaces, & studio apartment. This business project will be the matchless venture in Faridabad. It is a place that is close to NIT Faridabad, Badarpur Border, business center, well-linked with Delhi and Gurgaon, metro and railway station, etc. Investment here can brings you entrance to an entire set of facilities that are certain to give you a sparkle to your business.
Yes, This Iconic building (WTC Faridabad) will have 3-towers named "The Diamond Tower", "The Gateway Towers", and "The Crystal Towers". It will be located on the Fortune Island. The height of this tower will be 400 m and shall house 80 floors. It is also heard that they will anchor strategic street intersections in The Gateway Towers which will mark entrances to the city from public arterial streets. Whereas, The Crystal Towers will be one of the most beautiful buildings of the city skyline. The four office crystal tower will have beautiful terraces gardens and will offer a spectacular view of the dream river, Diamond Tower and the convention Center.
17th November 2016

Q: Any one can suggest me the best place to invest near north Delhi.

My replies to this discussion
Hi Umehs, Nothing Delhi has nothing much to do for any residential purpose. The area is far from center of city and looks more dirty than most areas in Delhi, though greenery is in plenty. But the greenery is only in the large number of universities in the area, and not in residential area. Area is dominated by rude Jats and the place is largely industrial, resulting in a lot of pollution. Rohini and Pitampura are two good areas there, rest all areas like Jahangirpuri and Mangolpuri look like slums. So, a big no from my side.Hi Umehs, Nothing Delhi has nothing much to do for any residential purpose. The area is far from center of city and looks more dirty than most areas in Delhi, though greenery is in plenty. But the greenery is only in the large number of universities in the area, and not in residential area. Area is dominated by rude Jats and the place is largely industrial, resulting in a lot of pollution. Rohini and Pitampura are two good areas there, rest all areas like Jahangirpuri and Mangolpuri look like slums. So, a big no from my side.
Q: There is great need of Everyone for the growth and Real Estate Development of any country in the development of the country, Corporate are playing very vital role in the development of the society and country too. Advice by Adani samsara real estate projects in Delhi –NCR
adanisamsara

My replies to this discussion
HI, In the Union Budget 2017-18, Finance Minister Arun Jaitley emphasized upon the need for granting infrastructure status to affordable housing. Affordable housing and infrastructure status to add much needed encouragement to drive real estate sector. Housing For All has been the point of focus for the Modi government since it came to power in 2014. The Policies and programmes developed by the Ministry of Housing under the NDA government, have been supported by budgetary interventions, bringing in a refreshing transformation in the real estate sector.HI, In the Union Budget 2017-18, Finance Minister Arun Jaitley emphasized upon the need for granting infrastructure status to affordable housing. Affordable housing and infrastructure status to add much needed encouragement to drive real estate sector. Housing For All has been the point of focus for the Modi government since it came to power in 2014. The Policies and programmes developed by the Ministry of Housing under the NDA government, have been supported by budgetary interventions, bringing in a refreshing transformation in the real estate sector.
My comments to replies
And the focused institutional financing is set to attract many players, making sure the growth of not only the affordable housing sector, but the whole real estate sector. This will make affordable housing the main growth driver of the sector and at the same time, it should help in fulfilling the government's vision of 'Housing for All by 2020'.
Reduced home loan rate will also benefit the developers, who will have entry to cheaper funding. Easy and dedicated to access to institutional financing, higher limit on external commercial borrowings will attract more investments and make sure continued growth of affordable housing in India. The economy is expected to see a positive shift in the overall purchasing sentiment.
17th February 2017

My replies to this discussion
Hi all, If we go by how developers see it, an increased FAR means they can build more, sell more and thus prices of projects could go down. However, this alone cannot cut down prices and it needs to be used judiciously, not abused.Hi all, If we go by how developers see it, an increased FAR means they can build more, sell more and thus prices of projects could go down. However, this alone cannot cut down prices and it needs to be used judiciously, not abused.
Q: I have booked a studio apartment and there is a delay of more than four years in possession of studio apartment. How to claim interest on delay period?

My replies to this discussion
Hi Himani!!!! When the builder commits any unfair trade practice during the execution of his obligations as per the Agreement between the builder and the buyer, the homebuyer can approach civil court against the builder for recovery of the amount already paid by him.Hi Himani!!!! When the builder commits any unfair trade practice during the execution of his obligations as per the Agreement between the builder and the buyer, the homebuyer can approach civil court against the builder for recovery of the amount already paid by him.
Q: I have bought an under construction flat in Bhubaneswar and I am hearing I might be called for registration. But I am currently located in USA and cannot be present physically to register. Do I need to prepare Power of Attorney to someone to do the flat registration. I heard since it is a flat and not a land I do not need to even give Power of Attorney and instead all the registration docs can be just sent to me to USA and then I can send it back with my signatures. Please advise if I am correct
My comments to replies
You can write a POA. A Power of Attorney (POA) is nothing but a simple document which lists out the powers that you want to share with the POA holder. if you have bought an apartment in India and you can not visit personally to take the possession, or sign in the registrar office for registration in your name, you can share these rights with any of your family member or a friend by issuing a registered power of attorney.
Yes, I am agree with Mr. Diptarishi Dev. You would have also heard the same from your builder/developer, asking for a registered POA to sign on your behalf. This is my own experience with finding the meaning of registered POA and what all is needed to get it.
5th July 2017

My replies to this discussion
Hi, I have paid service tax, VAT and 10% flat amount to builder and also registration done before the GST implemented. Do i need to pay again 12% GST Tax? Kindly reply?Hi, I have paid service tax, VAT and 10% flat amount to builder and also registration done before the GST implemented. Do i need to pay again 12% GST Tax? Kindly reply?
Q: How much would it cost for a 2BHK apartment in Delhi? I need around 1100 sq.feet of carpeted area. Area preference - Karol Bagh
My replies to this discussion
Hi, As per your requirement, we have searched few 2 BHK flats available for sale in Karol Bagh. To get more details and a good deal on it, you can post your requirement here 2BHK flats for sale in Karol Bagh, Delhi Or, To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.Hi, As per your requirement, we have searched few 2 BHK flats available for sale in Karol Bagh. To get more details and a good deal on it, you can post your requirement here 2BHK flats for sale in Karol Bagh, Delhi Or, To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.
My replies to this discussion
CLU and Impact Charges are co-related to each other. CLU is nothing just a permission from the authority to change of land use for agriculture, industrial, residential, institutional, farmhouse, and recreational facilities. Whereas, impact fee is charged for conversion of land on the same.CLU and Impact Charges are co-related to each other. CLU is nothing just a permission from the authority to change of land use for agriculture, industrial, residential, institutional, farmhouse, and recreational facilities. Whereas, impact fee is charged for conversion of land on the same.
Q: What are the unit sizes available in Mahira Homes Sector-68, Gurgaon and its rate per sq.ft?

My comments to replies
Hi all, I am planning to invest in Mahira Homes by Mahira Group in Sector-68, Gurgaon. Is the locality of Sector-68, Gurgaon for investment? How is the locality in terms of infrastructure, connectivity and ROI?
Sector-68, Gurgaon is a developed locality situated in the southern parts of Gurugram. It is situated on the Asian Highway 248A (AH 248A). It comes under the jurisdiction of HUDA. Other prominent localities situated close to it are Sector-67, Dhumaspur, Sector-69, 70, 70A, Badshahpur, Aklimpur, It has close proximity to IMT Manesar. It enjoys excellent connectivity to other parts of the city such as Noida, Faridabad, New Delhi, and Ghaziabad via buses and metros. Sector-55,56 metro station is the nearest metro station for Sector-68 of Delhi Metro Rail. It has close proximity to IGI Airport which is located at a distance of 26 km via NH 48 & NH 248A. New Delhi railway station is about 41 km via NH 48.
3rd January 2019

Q: Why could Migsun Vilaasa, Greater Noida be the best choice for residential properties in Delhi NCR?

My replies to this discussion
Hello Anis, Migsun Vilaasa is a newly launched project by Migsun Builders in sector-ETA II, Greater Noida. This project is spread across of vast land consists of 1190 units of 2,3, and 4BHK ranging from 660-3520 sq.ft. 2 BHK flat sizes are available from 660 - 860 sq.ft (built-up area), 1075 sq.ft (built-up area) in 3 BHK, and from 1375 - 3520 sq.ft (built-up area) in 4 BHK. A 2 BHK flat will cost you Rs.13.31L to Rs.17.35L onward. Stamp duty and Registration charges extra. This project is under-construction now and the expected date of possession is December 2020.Hello Anis, Migsun Vilaasa is a newly launched project by Migsun Builders in sector-ETA II, Greater Noida. This project is spread across of vast land consists of 1190 units of 2,3, and 4BHK ranging from 660-3520 sq.ft. 2 BHK flat sizes are available from 660 - 860 sq.ft (built-up area), 1075 sq.ft (built-up area) in 3 BHK, and from 1375 - 3520 sq.ft (built-up area) in 4 BHK. A 2 BHK flat will cost you Rs.13.31L to Rs.17.35L onward. Stamp duty and Registration charges extra. This project is under-construction now and the expected date of possession is December 2020.
My comments to replies
What will be the booking amount of a 2 BHK flat in Migsun Vilaasa, Greater Noida? Are they offering any benefits to its new customer?
Well Anis, Its booking amount is RS.51000. You can also go through Pradhan Mantri Awas Yojna Credit Linked Subsidy Scheme. Under this EWS and LIG category owner will get max subsidy up to Rs.2.67L, under MIG 1 category owner will get 2.35L, and under MIG 2 category owner will get Rs.2.30L. Terms & condition as per the scheme.
11th February 2019

My replies to this discussion
Hello Sir, Which project are you talking about and where is the project exactly located? Please, detail your query so that i can give you the appropriate reply. ThanksHello Sir, Which project are you talking about and where is the project exactly located? Please, detail your query so that i can give you the appropriate reply. Thanks
Q: A survey conducted by our company on 100 flats’ buyers in Patna found that two out of every three homebuyer in Patna sank in more than 50% of his total savings into the down-payment itself for purchase of flat in Patna. Flats as investment vehicle is never attractive in Patna as rental yields are very low in Patna and property prices in Patna are elevated in many localities. The ‘ideal flat in Patna’ should provide the convenience without the compromises, be affordable and have great resale value. Since this is an elusive dream, homebuyers in Patna should focus on one or two items on their wish-list. It is important to find a good middle-ground between utility and affordability while buying property in Patna.
My replies to this discussion
Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income. A affordable housing should address the housing needs of the lower or middle income households. Pradhan Mantri Awas Yojana and Housing for all by 2022 are the example of Affordable Housing. You should buy property under these scheme to get huge benefit.Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income. A affordable housing should address the housing needs of the lower or middle income households. Pradhan Mantri Awas Yojana and Housing for all by 2022 are the example of Affordable Housing. You should buy property under these scheme to get huge benefit.
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