Q:
Is there any time limit for the tax payer to pay the tax? What if the tax payer is not paying the tax in time?
Q:
What are the hidden charges I should take care of before taking home loan from a bank?
My replies to this discussion
Hi folks,
Sometimes banks and financial institutions included charges such as technical fees, legal fees, valuation fees all put together can add up to more than processing fees. And if processing fees have been waived, you may still have to pay other fees. As against this another lender that charges processing fees, but not other fees, may be cheaper. So, think twice before being trapped.Hi folks,
Sometimes banks and financial institutions included charges such as technical fees, legal fees, valuation fees all put together can add up to more than processing fees. And if processing fees have been waived, you may still have to pay other fees. As against this another lender that charges processing fees, but not other fees, may be cheaper. So, think twice before being trapped.
Q:
Hi..what are the revised Stamp and registration charges in Maharashtra ?
Q:
Is there any difference in stamp duty on purchase of newly constructed flat and a flat constructed 15 years ago in the same locality?
My replies to this discussion
Right Hitesh........the Urban Development Department has finally cleared the proposal yesterday to increase stamp duty by 1% in Metro Rail corridor. The corridor is the area lying within 500 metres on both sides of the Metro track. The duty will now be 7.5% instead of 6.5%. The 1% registration charge (maximum Rs.30000) will remain unchanged. The stamp duty in the city except the area under Metro corridor will remain at 6.5%.Right Hitesh........the Urban Development Department has finally cleared the proposal yesterday to increase stamp duty by 1% in Metro Rail corridor. The corridor is the area lying within 500 metres on both sides of the Metro track. The duty will now be 7.5% instead of 6.5%. The 1% registration charge (maximum Rs.30000) will remain unchanged. The stamp duty in the city except the area under Metro corridor will remain at 6.5%.
Q:
what is the percentage of VAT , stamp duty, service tax in 12.36%?
Q:
Builder says in possession letter that he has all rights on the building terrace for use / renting / advertisement etc for always ! Such condition is not mentioned in sale agreement. To sign on such possession letter or not ?
My replies to this discussion
According to Section 4 (1A), (iii), (viii), (x) and Section 10(1) of Maharashtra Ownership Flats Act, 1963, the builder/developer has no right to sell the terrace. The builder also does not have the authority to sell the terrace of a building. As per law, all open spaces in a building, including the terrace is a common easement for the benefit of all the members who are entitled to enjoy the same as shown in the Municipal Corporation records. No single member can appropriate and prevent others of the benefit of common facility.According to Section 4 (1A), (iii), (viii), (x) and Section 10(1) of Maharashtra Ownership Flats Act, 1963, the builder/developer has no right to sell the terrace. The builder also does not have the authority to sell the terrace of a building. As per law, all open spaces in a building, including the terrace is a common easement for the benefit of all the members who are entitled to enjoy the same as shown in the Municipal Corporation records. No single member can appropriate and prevent others of the benefit of common facility.
Q:
The institutions working or planning to provide education and health services are set to get heavy reduction in premium charges to be paid while getting building plan sanctions or revising the existing building.
Q:
Applying for a loan here with flat as collateral and we require an NOC from CIDCO - do any such agents (who can do this work) have a presence online (name, number, website or phone number) so i can contact them? Also, how long does it take for CIDCO to issue the NOC?
My replies to this discussion
Good Morning Ankita!!!
As per my knowledge you will be required to get this done on your own. In case you are purchasing resale property you will be required to do
1. Cidco transfer procedure (Requires Builder/Soceity NOC, Copy of Sale Agreement between you and seller)
2. Mortage NOC (Requires CIDCO transfer completed, Mortgage Letter from Bank, Affidaviate saying you do not have any other loans for the said property)
If you will visit CBD Belapur office you will find many agents doing it for fees & if you want to do it on your own visit Cidco office on working day after 1or 2pm (visitors allowed timing) & visit the information counter there. As i have done it myself.Good Morning Ankita!!!
As per my knowledge you will be required to get this done on your own. In case you are purchasing resale property you will be required to do
1. Cidco transfer procedure (Requires Builder/Soceity NOC, Copy of Sale Agreement between you and seller)
2. Mortage NOC (Requires CIDCO transfer completed, Mortgage Letter from Bank, Affidaviate saying you do not have any other loans for the said property)
If you will visit CBD Belapur office you will find many agents doing it for fees & if you want to do it on your own visit Cidco office on working day after 1or 2pm (visitors allowed timing) & visit the information counter there. As i have done it myself.
Q:
Most Indians living abroad prefer to own one or more properties back home, and constantly strive to get the best deal for the perfect house. If you are an NRI, and are on the lookout for affordable property, here is a helpful list to simplify the process for you!
My replies to this discussion
Hi friend!!
The only reason is the economic relationship between India and the United Kingdom is in fine stage. Prime Minister Modi’s steps to improve the ease of doing business in India are a great boost, and we look forward to the EU-India Free Trade Agreement talks resuming.Hi friend!!
The only reason is the economic relationship between India and the United Kingdom is in fine stage. Prime Minister Modi’s steps to improve the ease of doing business in India are a great boost, and we look forward to the EU-India Free Trade Agreement talks resuming.
Yes, year 2015 saw many European retailers entering India as part of their expansion strategy to new markets. We had anticipated this trend to continue in 2016. India could be an anchor of stability, given that a proactive government has carried out reforms at a satisfactory pace and that its inflation has remained controlled over the last 2 yrs. Also given a normal monsoon forecast for this year, even food inflation could be kept in control in the near-to-medium term while triggering a healthy growth of agriculture and rural economy.Yes, year 2015 saw many European retailers entering India as part of their expansion strategy to new markets. We had anticipated this trend to continue in 2016. India could be an anchor of stability, given that a proactive government has carried out reforms at a satisfactory pace and that its inflation has remained controlled over the last 2 yrs. Also given a normal monsoon forecast for this year, even food inflation could be kept in control in the near-to-medium term while triggering a healthy growth of agriculture and rural economy.
Q:
How is water supply in Palladians sec 47,Gurgaon. Any problem regarding water?
My replies to this discussion
Did you talk with the builder or your apartment owner association on this issue? You should talk to the builder once in a group and then ask for the remedies. I think those who all booked are not fool, they must have done so many inquiries before booking or investment.Did you talk with the builder or your apartment owner association on this issue? You should talk to the builder once in a group and then ask for the remedies. I think those who all booked are not fool, they must have done so many inquiries before booking or investment.
My replies to this discussion
Hi,
Is there any flats available for sale in 2BHK? What will be the current price for resale unit in Hyde Park?Hi,
Is there any flats available for sale in 2BHK? What will be the current price for resale unit in Hyde Park?
Q:
Hi All, I have made a payment of Rs.100000 just to hold the inventory signing the application form but suddenly I have got money crisis and I am unable to pay booking amount at all and I want to get my money return. Please help me how to do that booking has not been done yet.
Many Thanks,
Chandan
My replies to this discussion
Hi,
Better, you directly talk to the builder and ask for the refund. If you are not getting any positive response then send a mail mentioning refund of amount with scan copy of the receipt. And still you are not getting any positive response after 15 days from the mailing date then file a case in the consumer forum of refund of money.Hi,
Better, you directly talk to the builder and ask for the refund. If you are not getting any positive response then send a mail mentioning refund of amount with scan copy of the receipt. And still you are not getting any positive response after 15 days from the mailing date then file a case in the consumer forum of refund of money.
Q:
What are the BHK configuration available in it and it's price all including?
My replies to this discussion
Hi all,
May i know the current status of this project? Are all approvals are in place? Which all banks have approved this project? When are they giving possession of this project?Hi all,
May i know the current status of this project? Are all approvals are in place? Which all banks have approved this project? When are they giving possession of this project?
Q:
Hiranandani Fortune City is new launch housing project in Panvel Navi Mumbai, which is developed by Hiranandani Real estate.
My replies to this discussion
Hi,
Are you planning to buy flat in Hiranandani Fortune City? What is your budget and BHK configuration? To get more details of this project click this link
Hiranandani Fortune City, Panvel
Or,
To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement
Post your Requirements to get matching properties details on your Email and MobileHi,
Are you planning to buy flat in Hiranandani Fortune City? What is your budget and BHK configuration? To get more details of this project click this link Hiranandani Fortune City, Panvel
Or,
To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile
Q:
Anybody purchase flat in adhiraj samyama. Any contact email of owners please
My replies to this discussion
Hi friends!!!
Yes, I visited the project site in June and the sales guy said there is no delay and they have completed plinth work for 1A and 1B and 28 floors for 2A and 2B. I was quoted a rate of 7500/sq-ft. plus Rs.30/sq-ft. as floor rise for it and 8500/sq-ft. for the other 28th floor completed building. Also I was said possession will be by 2019 mid.Hi friends!!!
Yes, I visited the project site in June and the sales guy said there is no delay and they have completed plinth work for 1A and 1B and 28 floors for 2A and 2B. I was quoted a rate of 7500/sq-ft. plus Rs.30/sq-ft. as floor rise for it and 8500/sq-ft. for the other 28th floor completed building. Also I was said possession will be by 2019 mid.
Q:
Out of approx 120 plots we are currently about 18 members who have come together and wish to form a society. The purpose to do so is to identify a contractor to whom we wish to give work such as laying down the water pipes, building tar roads etc.
Would appreciate if anyone could guide me here as to what is the procedure to form a society of open plot owners and what are the documents required fees etc?
The plot is located 17KMS from Karjat station
Q:
If ever there was a perfect city within a city it has to be Royal Palms Mumbai. I have changed many homes in the past, but none have been as good as this.
My replies to this discussion
Hi,
As Balaji Dream City project is a delay project, you can visit the builders' office and ask for the cancellation. But before that you should check your agreement for cancelling clause and penalty. Similarly, if there is any clause for penalty for builder. If they are not ready to cancel the booking and saying that 10-13% will be deducted for cancelling of deal. Then consult a property lawyer and send them a notice for cancellation of flat with penalty. You can also file a case in the consumer redressal forum for delay possession.Hi,
As Balaji Dream City project is a delay project, you can visit the builders' office and ask for the cancellation. But before that you should check your agreement for cancelling clause and penalty. Similarly, if there is any clause for penalty for builder. If they are not ready to cancel the booking and saying that 10-13% will be deducted for cancelling of deal. Then consult a property lawyer and send them a notice for cancellation of flat with penalty. You can also file a case in the consumer redressal forum for delay possession.
My replies to this discussion
Hi, Neral is a upcoming locality in Mumbai. Badlapur and Karjat are the nearest towns. The easy accessibility has helped it to develop as a prime weekend gateway. Pune Highway, Nashik Highway, Goa Highway, Mumbai Pune Expressway offer strong connectivity to the neighbouring areas. The nearest airports are Mumbai Airport and the proposed Navi Mumbai International Airport. The Nhava Sheva JNPT Port is the nearest seaport. It has proximity to industries like Badlapur and Ambernath. This locality has seen a fall in the property rate by more than 3% in just a year. So, this is the right time to book your unit in affordable rate.Hi, Neral is a upcoming locality in Mumbai. Badlapur and Karjat are the nearest towns. The easy accessibility has helped it to develop as a prime weekend gateway. Pune Highway, Nashik Highway, Goa Highway, Mumbai Pune Expressway offer strong connectivity to the neighbouring areas. The nearest airports are Mumbai Airport and the proposed Navi Mumbai International Airport. The Nhava Sheva JNPT Port is the nearest seaport. It has proximity to industries like Badlapur and Ambernath. This locality has seen a fall in the property rate by more than 3% in just a year. So, this is the right time to book your unit in affordable rate.
Q:
Great project & plan. Location is excellent. McD, KFC, Pizza Hut, Cinemax, Raghuleela Mall, Pantaloons, Big Bazaar, Globus all are within 10 minutes distance.
My replies to this discussion
Yeah, located in Kandivali East. One of the best projects in that area. Builder is also trustworthy. Latest price is around 1.27cr for a 2BHK apartment which is better compared to other projects in the locality. Around 70% of the work completed of 27th slab & 24th slab in the two towers respectively.Yeah, located in Kandivali East. One of the best projects in that area. Builder is also trustworthy. Latest price is around 1.27cr for a 2BHK apartment which is better compared to other projects in the locality. Around 70% of the work completed of 27th slab & 24th slab in the two towers respectively.
Q:
yes there is a upcoming realestate luxury project in versova name Sd Corp versova developed by Sd Corp Group.
My replies to this discussion
Hi Abhi,
What is the current status of this project? Has this project been launched or still in pre-launch phase? How is the developer? Is it a safe investment? Kindly reply soon!!Hi Abhi,
What is the current status of this project? Has this project been launched or still in pre-launch phase? How is the developer? Is it a safe investment? Kindly reply soon!!
Q:
For past 3 weeks or more i am following up with Mr.Amit.Parmar , Sneha Pabale, Jyoti Singh. have send multiple reminders ,asking for date of possession of our flats , non of the above has reverted.
we are having a very very difficult time deal with Xrbia staff , from the time we have purchased the houses in May 2016.
our email communication in this regs runs into 100s of pages . can you pls advice how do we escalate our grievances to Xrbia management.
pls help us .. sorry for having invested in Xrbia.
Clifford NAZARETH - Dubai
My replies to this discussion
Yes, i am agree with Ms Deepti. If builder has missed the possession deadline, then you can file a suit in the consumer forum and ask for the immediate possession with compensation for delay. You can also take the advice of a property lawyer and send them legal notice along with hard copy of the sent mail.Yes, i am agree with Ms Deepti. If builder has missed the possession deadline, then you can file a suit in the consumer forum and ask for the immediate possession with compensation for delay. You can also take the advice of a property lawyer and send them legal notice along with hard copy of the sent mail.
Q:
Oberoi Sky City is One of the Great Residential up coming Project in Mumbai Borivali. & it also Provides all the Luxurious facilities to the Residents.
My replies to this discussion
Oberoi Sky City is a residential development in Borivali East, Mumnbai. It is offering 3BHK luxury apartments. Sizes are available from 1706-1804 sq-ft - Built-up area. Its current rate is Rs.23000-23500 per sq-ft. This project is spread over 25 acres of vast land and consists 1322 units of 3BHK.Oberoi Sky City is a residential development in Borivali East, Mumnbai. It is offering 3BHK luxury apartments. Sizes are available from 1706-1804 sq-ft - Built-up area. Its current rate is Rs.23000-23500 per sq-ft. This project is spread over 25 acres of vast land and consists 1322 units of 3BHK.
Oberoi Sky City is a residential development in Borivali East, Mumnbai. It is offering 3BHK luxury apartments. Sizes are available from 1706-1804 sq-ft - Built-up area. Its current rate is Rs.23000-23500 per sq-ft. This project is spread over 25 acres of vast land and consists 1322 units of 3BHK.Oberoi Sky City is a residential development in Borivali East, Mumnbai. It is offering 3BHK luxury apartments. Sizes are available from 1706-1804 sq-ft - Built-up area. Its current rate is Rs.23000-23500 per sq-ft. This project is spread over 25 acres of vast land and consists 1322 units of 3BHK.
Q:
Need to buy a bungalow in Alibaug. Kindly help.
My replies to this discussion
Hello Siddhesh,
Here are the two bungalows are available for sale in Alibaug, Mumbai. To get more details of these properties, click this link
Bungalows for sale in Alibaug, Mumbai
Or,
To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement
Post your Requirements to get matching properties details on your Email and Mobile.Hello Siddhesh,
Here are the two bungalows are available for sale in Alibaug, Mumbai. To get more details of these properties, click this link Bungalows for sale in Alibaug, Mumbai
Or,
To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.
Q:
I have a 3 acres land in Dapoli (Ratnagiri) dustrict. I need to convert 1 acres portion of land into NA and then further smaller chunks to sale individual plots. Need to know all legal assistance and advise on how to progress? what challenges? what would be the estimated cost of this? Papers are clear and plot is road touch.
My replies to this discussion
After conversion of land from agricultural or industrial to non-agricultural, you can sell your plots to anyone without any litigation.After conversion of land from agricultural or industrial to non-agricultural, you can sell your plots to anyone without any litigation.
Q:
HI Guys,
I am planning to buy Runwal Eirene (Balkum Naka)1 BHK - possession April - 2021. All inclusive near about 75 - 80L.
And Payment will be partially disbursed by bank in 4 years so I will have feasible installments to pay.
Could you please suggest me something related to it, or any other better option in this area?
How about the Quality of construction and commitments of the builder?
Q:
would like to know price range for 2 bhk in ace aviana falcon tower
Q:
Is it the right time to purchase flat in JP north Atria?
Q:
Mohan Group has Delayed the Possetion for four years.Although the possetion date was written in the sale agreement. Also some of the flat were having leakage issue in Mohan Greenwoods. Also Builder has taken one time society maintenance fund from all of us. They are calling it as Soeciety Maintenance Corpus fund. and the same will be hand over to society after society is formed. Our Society is formed but builder has not handed over all the money properly to society. Out of that lot of money used by builder to pay their employee salary and to hieght Diwali Bonus that too huge. Which is very wrong. They have misuse our hard earn money. Guys be aware about these issues which we have faced. This might help someone. We got be wise and alert.
My replies to this discussion
Hello Anup,
Are you looking for flat in Mohan Greenwoods, Badlapur West, Mumbai? What is your budget and BHK option? To get more details of this project and its available unit, click this link
Mohan Greenwoods, Badlapur West, Mumbai
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.Hello Anup,
Are you looking for flat in Mohan Greenwoods, Badlapur West, Mumbai? What is your budget and BHK option? To get more details of this project and its available unit, click this link Mohan Greenwoods, Badlapur West, Mumbai
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.
Q:
Does anyone invested in Mahindra roots, the upcoming project in kandivali east on akurli road, ahead on acme oasis? Any details.??
Q:
ALERT !!! Is India in Property or Real Estate Bubble
See this : Situation of Housing Projects By very big brands & companies
https://www.thehindubusinessline.com/news/national/boisar-where-apartments-are-lying-vacant/article6781518.ece
Are Property Price Over-inflated, Over-Hyped, Artificially high or Over-Priced oe exaggerated ? and it is a part of inflating Bubble which is going to burst ? A Property Price Crash or Collaspe !
As it happened in US in 2008 where prices of Real Estate in some areas almost reached to 1%
https://en.wikipedia.org/wiki/United_States_housing_bubble
As it is Happening now in china where Price of the Real Estate or Housing are falling in Sub-urban Areas ?
https://www.youtube.com/watch?v=XopSDJq6w8E
This are the GHOST TOWN OF CHINA and PROPERTY OR HOUSING BUBBLE
https://www.youtube.com/watch?v=BcyYyyaPz84
Reason there will Be Real Estate or Property Crash in India :
1)Over-Supply of Housing Units & Vacant or unsold Property inventory
This is the situation of hottest property market in Indian city called MUMBAI
https://www.afternoonvoice.com/4-8-lakh-flats-remain-unsold-mumbai.html
https://housing.com/news/52-per-cent-maharera-registered-residential-stock-unsold-mumbai-cushman-wakefield-propstack-report/
https://mumbaimirror.indiatimes.com/mumbai/cover-story/realty-crisis-mumbai-is-witnessing-its-worst-ever-property-market-slump/articleshow/61313018.cms
2) Supply of Property property from GOVERNMENT ORGANISATION SCHEME such as MHADA , CIDCO Delhi authority
Huge Vacant Plots are lying Unsold with this authorities
https://timesofindia.indiatimes.com/city/mumbai/no-takers-for-rs-869-crore-mhada-flats-and-plots/articleshow/65300076.cms
3) Pradhan Mantri Awas Yojana (PMAY) Huge supply of houses for poor under this Scheme
4) Preference : People now prefer To rent Instead of owning house due to employment Old trend of necessary to own house is ending
now its becoming more Feasible to Rent than own
Un-necessary construction of property in far areas where its not necessary , way beyond city limits , Outskirts like for example : Palghar,Boisar,Khopoli(too much over-hyped prices) where Property prices
are too much inflated ( real rates may be only 25%) where there is danger of big losses, prices may crash to almost 90%
See this : Situation of Housing Projects By very big brands & companies
https://www.thehindubusinessline.com/news/national/boisar-where-apartments-are-lying-vacant/article6781518.ece
So is it better to spend money on other investment or spend it for leisure & enjoyment it your choice
My replies to this discussion
Hi Karan,
Can you suggest some good project and locality for investment? I am looking for a 2 BHK flat and my budget is Rs.40 lakh. Can i get a good property in the above mentioned localities? Your recommendation will be highly appreciated.Hi Karan,
Can you suggest some good project and locality for investment? I am looking for a 2 BHK flat and my budget is Rs.40 lakh. Can i get a good property in the above mentioned localities? Your recommendation will be highly appreciated.
Q:
Adhiraj Developers are developed has a goal to generate energetic, self-sustaining spaces that make investors feel a sense of honor and increase lifestyle. Adhiraj Developers comfort itself on its thoughtful approach to property development and the hardness it affect to designing, planning and implementation.
https://www.weplanithk.com/
My replies to this discussion
Hi,
I want to know the possession date of Adhiraj Samyama Tower 3B, Kharghar, Mumbai. What is the current status of this project?Hi,
I want to know the possession date of Adhiraj Samyama Tower 3B, Kharghar, Mumbai. What is the current status of this project?
Q:
Q. During Oct 2013, A builder has launched a Project with 20% and 80% scheme. I paid 20% and received the allotment letter. Up to now, the said builder has not started any development and there is no hope that he will start the construction very soon.
During the several meeting he highlighted many technical and financial issue. Now my question is if i terminate the agreement and request for the refund, will i get the benefit (interest) on my 20% deposit?
What is the best way to get the refund?
My replies to this discussion
Hi Ismail,
Issue a notice to refund the booking within the given time, if builder did not reply positively then file a suit for recovery of money with compensation. You will have to pay the court fee on the claimed amount.Hi Ismail,
Issue a notice to refund the booking within the given time, if builder did not reply positively then file a suit for recovery of money with compensation. You will have to pay the court fee on the claimed amount.
Q:
Are there any disadvantages of buying flats on refuge floor
My replies to this discussion
I am agree with Anup. A flat near to refugee area are more safer than a normal flat. Your life is more important than anything else. Yes, in some cases the refugee area are misused but you will also use that area for your personal purpose since your staying just close to that place. If you consider the resale value of your refuge flat, the value might also be high since most of the people want some free space near to his or her flat in the congested area of Mumbai.I am agree with Anup. A flat near to refugee area are more safer than a normal flat. Your life is more important than anything else. Yes, in some cases the refugee area are misused but you will also use that area for your personal purpose since your staying just close to that place. If you consider the resale value of your refuge flat, the value might also be high since most of the people want some free space near to his or her flat in the congested area of Mumbai.
Q:
Godrej Properties gives Godrej Avenues at Bengaluru with 1, 2, 2.5 and 3 BHK apartments that keep you happy every day. Godrej Avenues is one of the exacting designed and planned proceed and another deluxe connection proceed from Godrej Properties.
https://www.weplanithk.com/
My replies to this discussion
Located on the Yelahanka-Doddaballapur Main Road, the 10 majestic towers spread over 5.3 acres with a Sky Lounge set at 45.72 meters offering 1,2,2.5,3 BHK residential flats ranging from 629-1537 sq.ft. 1 BHK flat sizes are available from 452 - 502 sq.ft (Carpet area), 2 BHK from 686 - 803 sq.ft (Carpet area), 2.5 BHK from 915 - 918 sq.ft (Carpet area), and 3 BHK from 949 - 1076 sq.ft (carpet area). Its current asking rte is Rs.5499 per sq.ft.Located on the Yelahanka-Doddaballapur Main Road, the 10 majestic towers spread over 5.3 acres with a Sky Lounge set at 45.72 meters offering 1,2,2.5,3 BHK residential flats ranging from 629-1537 sq.ft. 1 BHK flat sizes are available from 452 - 502 sq.ft (Carpet area), 2 BHK from 686 - 803 sq.ft (Carpet area), 2.5 BHK from 915 - 918 sq.ft (Carpet area), and 3 BHK from 949 - 1076 sq.ft (carpet area). Its current asking rte is Rs.5499 per sq.ft.
