If you are planning to sell off your house, you will do well to commit every detail of the transaction in the sale deed, says Vivek Shukla
South Delhi-based businessman Kukoo Tiwari has stopped going to areas like New Rajinder Nagar and Patel Nagar as these places evoke childhood memories. He spent some great years in New Rajinder Nagar and also spent his evenings with his school friends in Patel Nagar. New Rajinder Nagar - that was the place where he was born in his ancestral home. It is a different matter that even after selling off his family house and building his own one in Lajpat Nagar, Kukoo visits the old Rajinder Nagar house - in his dreams!
It is no easy matter to sell your own house, and when it is a place with quite a bit of family history and built by your parents or grandparents, it is all the more difficult to dispose it. Sunder Khatri, an eminent lawyer and somebody who deals with property matters, says if we go deep into the matter in the broader perspective of fast changing socio-economic environs, the issue can be very complicated. In the good old days of joint family system, the ancestral house always came to one’s rescue to give shelter - and shelter was that entire people mainly wanted.
The position changed substantially when the younger generations branched out. According to realty experts, there are several factors responsible when a family has no choice but to sell the house. “Increase in cost of plot, leading to securing a handsome price in case of sale of the old house, which can be invested in buying another property in a less costly and less congested locality in the same place or in another town, by using a portion of the sale proceeds, the balance being kept for other exigencies are some of the reasons people sell their homes,” says Sunil Jindal, CEO of SVP group.
Why do people sell their houses? Given the fact that Indians are very attached to their homes emotionally, it is not at all easy to sell the property. Some also says many families sell their homes as they find the possibility of building a multistory apartment/business complex, which fetch them monetary gains.
Khatri cautions that before anyone sells a house, it is important to understand some key points. “You must have full knowledge of the market conditions such as whether the market is generally on an upswing, other deals going on in the area, price at which recent deals have been struck, good and reliable real estate agents in the locality, developers and promoters of good standing and reputation around, regulations governing sale-related matters applicable to the house in question, stamp duty and registration charges, tax implications, etc.”
Another realty expert, and marketing director of realty advisory Century 21 India, Sanjay Singh, says in case the house is a little old, then it is really advisable for the seller to complete some repair work. “You have to finish this job before you spread the word about your intention to sell it. The repair should include essentially the b at h room, closet and kitchen. A touch-up of painted surfaces would go a long way in improving the looks of your house. Moreover, clean the house and open spaces to give a good impression to the prospective buyer.” href=”http://www.zameenzaidad.com/latest_news.aspx/”>Delhibasedincometaxconsultant, Surinder Gambhir, says the sale formalities of a house are many and vary. Some very important legal and taxation issues are documents to be executed and exchanged, absolving the seller from future tax payments, capital gains-related investments and deposits, accounting of full value received, payment of stamp duty and registration charges as per current laws, etc.
“If you are selling your house to a builder for raising apartments, the agreement involving cost of your site, total cost of the project, the number of apartments you will be given, and the cash you will get, need critical study and drafting so that you receive a satisfactory deal and the wording of the agreement protects your interests,” he Gambhir.
Courtesy:- TOI dt:- 12-09-09
Monday, September 14, 2009
Friday, September 11, 2009
BELIEF IN REAL ESTATE
The inability of people to find a house for themselves in the locality or society of their choice is a universal affliction and is faced by people cutting across communities, castes, and social and economic factors, says Namrata Kohli
Bollywood actor Emraan Hashmi recently alleged he was refused a No Objection Certificate (NOC) by a housing society in the posh Bandra area to buy a flat, only because of his religion! The episode has spurred a debate whether religion has any connection to real estate and if housing is a problem for people of one religion, region, belief or sect trying for accommodation in places dominated by people of other religions, regions, sects, and communities.
We checked with a cross-section of society to gauge whether this is a trend prevalent in the National Capital Region as well. According to a Chittaranjan Park-based real estate consultant Harmeet Singh Chawla of Ace Consultants Pvt Ltd, “In my experience, people are denied an accommodation for various reasons - they may be on account of eating habits, language, over marital status (married vs bachelor/ spinster), or even due to their profession. Therefore, to view this purely and only from the point of religion is not correct.” He adds that the Emraan Hashmi issue has captured limelight only because of the celebrity quotient in the story.
Another broker, Sanjay Tyagi of Continental Estates, says in upmarket areas where he transacts like Vasant Vihar, there is absolutely no such concern. In fact, coincidentally, most of the recent transactions he has done are those of Hindu landlords leasing out premises to embassy people who are Muslims with landlords only concerned about timely payment of rent and not religion. However, Tyagi adds, the situation changes in middle class and lower middle class areas, but as one goes up the pyramid towards higher classes, where the community is more literate and educated, biases tend to decrease.
“Very few Hindus will actually lease out a property to a Muslim or Kashmiris in middle class areas.”
It is of course a fact that there are areas in every city where people from one community, region, and linguistic stock prefer to aggregate. “Birds of a feather flock together,” says sociologist Purnima Malhotra. She adds that humans like to have their “comfort” factor and at times people like to live with “their” own ilk - defined on language, community, eating habits. Echoing this Sumit Mishra, a landlord, says, “ It would be a white lie if I said that between a person of my community and someone else, I will not prefer the former.” So, these doings are not so much because of a strong prejudice, but often, more for that comfort factor.
As for Muslims, in every city they aggregate in certain places and avoid certain others. For instance, in Delhi, Muslims largely prefer residing in Old Delhi, Okhla, Tehmur Nagar, Zakir Nagar, Sadar Bazaar, etc. “There is no specific boundary or place demarcated for the Muslim/Christian areas as such and by statute it is not even permissible,” says Kolkata-based real estate consultant Sandip Sen who does hi-end transaction in residential and commercial segment. “However, there are specific places that have had traditional settlements of Muslims and Christian and they prefer staying with their friends and relatives.” He cites the example of Kolkata where Muslims prefer places like Park Circus, Topsia, Rajabazar, Khidirpore. As for Christians, they are concentrated in the places in and around Park Circus, Rippon Street, Theatre Road, and Moulali.
People from these communities have divergent views. A Muslim banker (name withheld) at a leading private bank staying in Delhi says he or his relatives have never faced any problem. “If at all I have not been able to secure a house, it has been because of economic reasons where my pocket has not allowed it, but not because of religion. If I am earning a lakh per month, I can stay at New Friends Colony, just like anyone else.”
Another view was that of Harpreet Kaur who says after the 1984 Sikh riots, Hindus did not give preference to a Sikh tenant. “With time, the matter cooled off and there was hardly any reservation against a Sikh tenant. In times of peace, all is well but the minute there is a crisis situation, these biases resurface and people raise their guard again.” Safroon, working at the front office of a <"http://www.zameen-zaidad.com/">British company at Gurgaon says she never faced any such problem. “In fact, I have never encountered religious bias in housing and I was taken aback by the Hashmi affair.”
Sanjay Kar, a journalist, says there are prejudices in our society and it’s not just minorities, but everybody who face varying hues of prejudice away from their home or community - ranging from a North Indian in Maharashtra to a South Indian in UP/Haryana/Punjab, to the Northeastern girls and boys in Delhi. But so do journalists, lawyers, and single women who are often singled out and denied a tenement by landlords in Delhi. He adds that certain groups also try to keep Bengalis, Christians and other non-vegetarians out. But this problem is not specific to India and we live in a world that is unequal - and there is no level playing field.
Courtesy:- TOI dt:- 05-09-2009
Bollywood actor Emraan Hashmi recently alleged he was refused a No Objection Certificate (NOC) by a housing society in the posh Bandra area to buy a flat, only because of his religion! The episode has spurred a debate whether religion has any connection to real estate and if housing is a problem for people of one religion, region, belief or sect trying for accommodation in places dominated by people of other religions, regions, sects, and communities.
We checked with a cross-section of society to gauge whether this is a trend prevalent in the National Capital Region as well. According to a Chittaranjan Park-based real estate consultant Harmeet Singh Chawla of Ace Consultants Pvt Ltd, “In my experience, people are denied an accommodation for various reasons - they may be on account of eating habits, language, over marital status (married vs bachelor/ spinster), or even due to their profession. Therefore, to view this purely and only from the point of religion is not correct.” He adds that the Emraan Hashmi issue has captured limelight only because of the celebrity quotient in the story.
Another broker, Sanjay Tyagi of Continental Estates, says in upmarket areas where he transacts like Vasant Vihar, there is absolutely no such concern. In fact, coincidentally, most of the recent transactions he has done are those of Hindu landlords leasing out premises to embassy people who are Muslims with landlords only concerned about timely payment of rent and not religion. However, Tyagi adds, the situation changes in middle class and lower middle class areas, but as one goes up the pyramid towards higher classes, where the community is more literate and educated, biases tend to decrease.
“Very few Hindus will actually lease out a property to a Muslim or Kashmiris in middle class areas.”
It is of course a fact that there are areas in every city where people from one community, region, and linguistic stock prefer to aggregate. “Birds of a feather flock together,” says sociologist Purnima Malhotra. She adds that humans like to have their “comfort” factor and at times people like to live with “their” own ilk - defined on language, community, eating habits. Echoing this Sumit Mishra, a landlord, says, “ It would be a white lie if I said that between a person of my community and someone else, I will not prefer the former.” So, these doings are not so much because of a strong prejudice, but often, more for that comfort factor.
As for Muslims, in every city they aggregate in certain places and avoid certain others. For instance, in Delhi, Muslims largely prefer residing in Old Delhi, Okhla, Tehmur Nagar, Zakir Nagar, Sadar Bazaar, etc. “There is no specific boundary or place demarcated for the Muslim/Christian areas as such and by statute it is not even permissible,” says Kolkata-based real estate consultant Sandip Sen who does hi-end transaction in residential and commercial segment. “However, there are specific places that have had traditional settlements of Muslims and Christian and they prefer staying with their friends and relatives.” He cites the example of Kolkata where Muslims prefer places like Park Circus, Topsia, Rajabazar, Khidirpore. As for Christians, they are concentrated in the places in and around Park Circus, Rippon Street, Theatre Road, and Moulali.
People from these communities have divergent views. A Muslim banker (name withheld) at a leading private bank staying in Delhi says he or his relatives have never faced any problem. “If at all I have not been able to secure a house, it has been because of economic reasons where my pocket has not allowed it, but not because of religion. If I am earning a lakh per month, I can stay at New Friends Colony, just like anyone else.”
Another view was that of Harpreet Kaur who says after the 1984 Sikh riots, Hindus did not give preference to a Sikh tenant. “With time, the matter cooled off and there was hardly any reservation against a Sikh tenant. In times of peace, all is well but the minute there is a crisis situation, these biases resurface and people raise their guard again.” Safroon, working at the front office of a <"http://www.zameen-zaidad.com/">British company at Gurgaon says she never faced any such problem. “In fact, I have never encountered religious bias in housing and I was taken aback by the Hashmi affair.”
Sanjay Kar, a journalist, says there are prejudices in our society and it’s not just minorities, but everybody who face varying hues of prejudice away from their home or community - ranging from a North Indian in Maharashtra to a South Indian in UP/Haryana/Punjab, to the Northeastern girls and boys in Delhi. But so do journalists, lawyers, and single women who are often singled out and denied a tenement by landlords in Delhi. He adds that certain groups also try to keep Bengalis, Christians and other non-vegetarians out. But this problem is not specific to India and we live in a world that is unequal - and there is no level playing field.
Courtesy:- TOI dt:- 05-09-2009
Thursday, September 10, 2009
PERMUTATIONS AND COMBINATIONS IN REAL ESTATE FIRMS
Globally, too, real estate remains regional-focused, points out Gulam Zai, National Director, Knight Frank. The relationship can also work like this – a local development and have another develop on the same plot at the same time. This goes a long way in reducing the timeline of the project. A big builder can have a controlling stake in a project and pass on joint development rights to a local one.
It has also been observed that smaller builders have fared better as compared to pan India builder. Larger builders were over-committed, they had multiple projects and their sales were affected drastically. There was a debt equity ratio imbalance, points out Shweta Jain, head, residential, Cushman & Wakefield. “A local builder may tie up with a pan India developer for security of the project or for branding purposes. It works well for affordable housing formats wherein pan India developers can tie up with local builders who have large land banks or local builders can enter into a P and P with the government for delivering housing in this segment,” points out Sunil Jindal, CEO, SVP Group.
Courtesy HT:05/09/09
It has also been observed that smaller builders have fared better as compared to pan India builder. Larger builders were over-committed, they had multiple projects and their sales were affected drastically. There was a debt equity ratio imbalance, points out Shweta Jain, head, residential, Cushman & Wakefield. “A local builder may tie up with a pan India developer for security of the project or for branding purposes. It works well for affordable housing formats wherein pan India developers can tie up with local builders who have large land banks or local builders can enter into a P and P with the government for delivering housing in this segment,” points out Sunil Jindal, CEO, SVP Group.
Courtesy HT:05/09/09
PERMUTATIONS AND COMBINATIONS IN REAL ESTATE FIRMS
Globally, too, real estate remains regional-focused, points out Gulam Zai, National Director, Knight Frank. The relationship can also work like this – a local development and have another develop on the same plot at the same time. This goes a long way in reducing the timeline of the project. A big builder can have a controlling stake in a project and pass on joint development rights to a local one.
It has also been observed that smaller builders have fared better as compared to pan India builder. Larger builders were over-committed, they had multiple projects and their sales were affected drastically. There was a debt equity ratio imbalance, points out Shweta Jain, head, residential, Cushman & Wakefield. “A local builder may tie up with a pan India developer for security of the project or for branding purposes. It works well for affordable housing formats wherein pan India developers can tie up with local builders who have large land banks or local builders can enter into a P and P with the government for delivering housing in this segment,” points out Sunil Jindal, CEO, SVP Group.
Courtesy HT:05/09/09
It has also been observed that smaller builders have fared better as compared to pan India builder. Larger builders were over-committed, they had multiple projects and their sales were affected drastically. There was a debt equity ratio imbalance, points out Shweta Jain, head, residential, Cushman & Wakefield. “A local builder may tie up with a pan India developer for security of the project or for branding purposes. It works well for affordable housing formats wherein pan India developers can tie up with local builders who have large land banks or local builders can enter into a P and P with the government for delivering housing in this segment,” points out Sunil Jindal, CEO, SVP Group.
Courtesy HT:05/09/09
Thursday, September 3, 2009
GULMOHAR WOODS LAUNCH NEW PROJECT IN DHARUHERA
Other Charges
PLC for Ground Floor Rs.75/-per Sq. ft. PLC for 1st floor to 3rd floor/Park Facing/Corner Rs.50/-per Sq. ft Infrastructure Fund & Maintenance Security (IFMS) Rs.75/- per Sq. ft. External Development Charges (EDC) Rs.105/- per Sq. ft. Internal Development Charges (IDC) Rs.35/- per Sq. ft. Club Membership Registration Charges(CMRC) Rs.15,000/-
PAYMENT PLANS
(A) Other ChargesDOWN PAYMENT PLAN (with10% rebate)
With in 45 days of booking 25% of BSP ( including booking amount) With in 3 months of booking 70% of BSP + (100% of PLC+EDC+IDC+CMRC) including rebate On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration charges +cost of electricity connection and power back up as applicable.
(B) TIME & CONSTRUCTION /DEVELOPMENT LINKED INSTALMENT PLAN
With in 45 days of booking 25 %of Basic Sale Price (BSP) including booking amount. With in 3 months of booking 10% of BSP On Start of Development work at the site. 15% of BSP + 20% of PLC+100%of CMRC Completion of Foundation of Building. 15% of BSP + 20% of PLC Casting of Ground Floor of the Building 10% of BSP + 20% of PLC+100%of EDC Casting of Third Floor of the Building 10% of BSP + 20% of PLC+100%of IDC Completion of Roof top of the Building. 10% of BSP + 20% of PLC On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration Charges +Cost of Electricity Connection and Power back up as applicable.
(C) RENTAL PAYMENT PLAN (Investment for Rental)
With in 45 days of booking 95% of Basic Sale Price + 100% of PLC+EDC+IDC+CMRC On Possession 5% of BSP + IFMS +Cost of Stamp Duty and Registration Charges+Cost of Electricity Connection and Power back up as applicable.
Quarterly Return on respective unit as per Payment Plan – (C) only(Rental per Quarter for Year) One Bedroom, Bathroom, Kitchenette & Balcony 1 BHK 2 BHK 3 BHK
2009 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2010 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2011 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
For more info log on to http://www.zameen-zaidad.com/default.aspx and
http://www.propertycafeteria.com/main.aspx
PLC for Ground Floor Rs.75/-per Sq. ft. PLC for 1st floor to 3rd floor/Park Facing/Corner Rs.50/-per Sq. ft Infrastructure Fund & Maintenance Security (IFMS) Rs.75/- per Sq. ft. External Development Charges (EDC) Rs.105/- per Sq. ft. Internal Development Charges (IDC) Rs.35/- per Sq. ft. Club Membership Registration Charges(CMRC) Rs.15,000/-
PAYMENT PLANS
(A) Other ChargesDOWN PAYMENT PLAN (with10% rebate)
With in 45 days of booking 25% of BSP ( including booking amount) With in 3 months of booking 70% of BSP + (100% of PLC+EDC+IDC+CMRC) including rebate On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration charges +cost of electricity connection and power back up as applicable.
(B) TIME & CONSTRUCTION /DEVELOPMENT LINKED INSTALMENT PLAN
With in 45 days of booking 25 %of Basic Sale Price (BSP) including booking amount. With in 3 months of booking 10% of BSP On Start of Development work at the site. 15% of BSP + 20% of PLC+100%of CMRC Completion of Foundation of Building. 15% of BSP + 20% of PLC Casting of Ground Floor of the Building 10% of BSP + 20% of PLC+100%of EDC Casting of Third Floor of the Building 10% of BSP + 20% of PLC+100%of IDC Completion of Roof top of the Building. 10% of BSP + 20% of PLC On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration Charges +Cost of Electricity Connection and Power back up as applicable.
(C) RENTAL PAYMENT PLAN (Investment for Rental)
With in 45 days of booking 95% of Basic Sale Price + 100% of PLC+EDC+IDC+CMRC On Possession 5% of BSP + IFMS +Cost of Stamp Duty and Registration Charges+Cost of Electricity Connection and Power back up as applicable.
Quarterly Return on respective unit as per Payment Plan – (C) only(Rental per Quarter for Year) One Bedroom, Bathroom, Kitchenette & Balcony 1 BHK 2 BHK 3 BHK
2009 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2010 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2011 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
For more info log on to http://www.zameen-zaidad.com/default.aspx and
http://www.propertycafeteria.com/main.aspx
GULMOHAR WOODS LAUNCH NEW PROJECT IN DHARUHERA
Other Charges
PLC for Ground Floor Rs.75/-per Sq. ft. PLC for 1st floor to 3rd floor/Park Facing/Corner Rs.50/-per Sq. ft Infrastructure Fund & Maintenance Security (IFMS) Rs.75/- per Sq. ft. External Development Charges (EDC) Rs.105/- per Sq. ft. Internal Development Charges (IDC) Rs.35/- per Sq. ft. Club Membership Registration Charges(CMRC) Rs.15,000/-
PAYMENT PLANS
(A) Other ChargesDOWN PAYMENT PLAN (with10% rebate)
With in 45 days of booking 25% of BSP ( including booking amount) With in 3 months of booking 70% of BSP + (100% of PLC+EDC+IDC+CMRC) including rebate On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration charges +cost of electricity connection and power back up as applicable.
(B) TIME & CONSTRUCTION /DEVELOPMENT LINKED INSTALMENT PLAN
With in 45 days of booking 25 %of Basic Sale Price (BSP) including booking amount. With in 3 months of booking 10% of BSP On Start of Development work at the site. 15% of BSP + 20% of PLC+100%of CMRC Completion of Foundation of Building. 15% of BSP + 20% of PLC Casting of Ground Floor of the Building 10% of BSP + 20% of PLC+100%of EDC Casting of Third Floor of the Building 10% of BSP + 20% of PLC+100%of IDC Completion of Roof top of the Building. 10% of BSP + 20% of PLC On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration Charges +Cost of Electricity Connection and Power back up as applicable.
(C) RENTAL PAYMENT PLAN (Investment for Rental)
With in 45 days of booking 95% of Basic Sale Price + 100% of PLC+EDC+IDC+CMRC On Possession 5% of BSP + IFMS +Cost of Stamp Duty and Registration Charges+Cost of Electricity Connection and Power back up as applicable.
Quarterly Return on respective unit as per Payment Plan – (C) only(Rental per Quarter for Year) One Bedroom, Bathroom, Kitchenette & Balcony 1 BHK 2 BHK 3 BHK
2009 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2010 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2011 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
For more info log on to http://www.zameen-zaidad.com/default.aspx and
http://www.propertycafeteria.com/main.aspx
PLC for Ground Floor Rs.75/-per Sq. ft. PLC for 1st floor to 3rd floor/Park Facing/Corner Rs.50/-per Sq. ft Infrastructure Fund & Maintenance Security (IFMS) Rs.75/- per Sq. ft. External Development Charges (EDC) Rs.105/- per Sq. ft. Internal Development Charges (IDC) Rs.35/- per Sq. ft. Club Membership Registration Charges(CMRC) Rs.15,000/-
PAYMENT PLANS
(A) Other ChargesDOWN PAYMENT PLAN (with10% rebate)
With in 45 days of booking 25% of BSP ( including booking amount) With in 3 months of booking 70% of BSP + (100% of PLC+EDC+IDC+CMRC) including rebate On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration charges +cost of electricity connection and power back up as applicable.
(B) TIME & CONSTRUCTION /DEVELOPMENT LINKED INSTALMENT PLAN
With in 45 days of booking 25 %of Basic Sale Price (BSP) including booking amount. With in 3 months of booking 10% of BSP On Start of Development work at the site. 15% of BSP + 20% of PLC+100%of CMRC Completion of Foundation of Building. 15% of BSP + 20% of PLC Casting of Ground Floor of the Building 10% of BSP + 20% of PLC+100%of EDC Casting of Third Floor of the Building 10% of BSP + 20% of PLC+100%of IDC Completion of Roof top of the Building. 10% of BSP + 20% of PLC On Possession 5% of BSP + IFMS +Cost of stamp Duty and Registration Charges +Cost of Electricity Connection and Power back up as applicable.
(C) RENTAL PAYMENT PLAN (Investment for Rental)
With in 45 days of booking 95% of Basic Sale Price + 100% of PLC+EDC+IDC+CMRC On Possession 5% of BSP + IFMS +Cost of Stamp Duty and Registration Charges+Cost of Electricity Connection and Power back up as applicable.
Quarterly Return on respective unit as per Payment Plan – (C) only(Rental per Quarter for Year) One Bedroom, Bathroom, Kitchenette & Balcony 1 BHK 2 BHK 3 BHK
2009 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2010 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
2011 Rs.13,500/- Rs.18,000/- Rs.24,000/- Rs.31,500/-
For more info log on to http://www.zameen-zaidad.com/default.aspx and
http://www.propertycafeteria.com/main.aspx
NEW PROJECT OF EMERALD ESTATE - GURGAON WITH RELIABLE PRICE
1. In the above stated Sale Price, External Development Charges (EDC) and Infrastructure Development Charges (IDC) are pro-rated per unit as applicable to this Group Housing site.
In case of any upward revision in future by the Govt. agencies, the same would be recovered on pro-rata basis from the Applicant/Allottee.
2. Down Payment Price shall be calculated taking 12% rebate on 95% of the Basic Price & PLC, which is subject to change without notice.
3. Interest Free Maintenance Security (IFMS) - As applicable.
4. Stamp Duty/registration charges shall be payable along with the last installment based on prevailing rates.
5. One (Covered/Stilt) Car Parking bays for per apartment is mandatory.
6. Prices subject to revision at the sole discretion of the company.
7. PLC’s - Corner - Rs. 75/- per sq. ft., Green Facing - Rs. 200/- per sq. ft., Pent House - Rs. 200/- per sq. ft., Pool Facing - Rs. 50/- per sq. ft..
8. Sale Price = (Basic Price + EDC + IDC) x Area of the Apartment.
9. Club Membership: Rs. 75,000/- (mandatory).
10. Optional Upgrade Package - Rs. 2.5 lac for 2 BHK unit and Rs. 3.5 lac for 3 BHK unit
Price List
Basic Price Innagural Discount Rate After Discount
Rs.3600/sq.ft. Rs.401/sq.ft. Rs.3199/sq.ft.
DOWN PAYMENT PLAN with 12% rebate on 95 % of (Basic Sale Price + PLC)
On Booking 5 Lakhs
Within 45 days of Booking 95% of Sale Price (See note 8) less Booking Amount + 95% PLC if applicable + 100% Cost of Parking Slot(s) less Down Payment Rebate
On Intimation for Possession 5% of Sale Price & PLC + IFMS (See note 3) + Stamp Duty & Registration Charges (See note 4)
INSTALLMENT PAYMENT PLAN
On Booking 5 Lakhs
Within 45 days of booking 20% of Sale Price less Booking Amount
Within 90 days of booking 7.5% of Sale Price
On start of construction 5% of Sale Price
On completion of Ground floor roof slab 7.5% of Sale Price + 50% of Cost of Parking Slot
On completion of 2nd floor roof slab 5% of Sale Price + 50% of Cost of Parking Slot
On completion of 4th floor roof slab 5% of Sale Price + 50% of PLC if applicable
On completion of 6th floor roof slab 7.5% of Sale Price + 50% of PLC if applicable
On completion of 8th floor roof slab 7.5% of Sale Price
On completion of 10th floor roof slab 7.5% of Sale Price
On completion of final roof slab 7.5% of Sale Price
On completion of external plaster 7.5% of Sale Price
On completion of Internal Flooring and wall painting 7.5% of Sale Price
On intimation for possession 5% of Sale Price + IFMS (See note 3)+ StampDuty &
Registration Charges (See note 4)
Other charges
External Development Charges (EDC) Rs. 240/- per sq. ft.
Infrastructure Development Charges (IDC) Rs. 30/- per sq. ft.
Down Payment Rebate As Applicable
Preferential Location Charges (PLC) (See note 7)
Parking (Stilt/Covered) - Mandatory Rs. 2,50,000/-
Parking (Open) - Optional Rs. 1,75,000/-
For more info log on to http://www.zameen-zaidad.com/default.aspx and
http://www.propertycafeteria.com/main.aspx
In case of any upward revision in future by the Govt. agencies, the same would be recovered on pro-rata basis from the Applicant/Allottee.
2. Down Payment Price shall be calculated taking 12% rebate on 95% of the Basic Price & PLC, which is subject to change without notice.
3. Interest Free Maintenance Security (IFMS) - As applicable.
4. Stamp Duty/registration charges shall be payable along with the last installment based on prevailing rates.
5. One (Covered/Stilt) Car Parking bays for per apartment is mandatory.
6. Prices subject to revision at the sole discretion of the company.
7. PLC’s - Corner - Rs. 75/- per sq. ft., Green Facing - Rs. 200/- per sq. ft., Pent House - Rs. 200/- per sq. ft., Pool Facing - Rs. 50/- per sq. ft..
8. Sale Price = (Basic Price + EDC + IDC) x Area of the Apartment.
9. Club Membership: Rs. 75,000/- (mandatory).
10. Optional Upgrade Package - Rs. 2.5 lac for 2 BHK unit and Rs. 3.5 lac for 3 BHK unit
Price List
Basic Price Innagural Discount Rate After Discount
Rs.3600/sq.ft. Rs.401/sq.ft. Rs.3199/sq.ft.
DOWN PAYMENT PLAN with 12% rebate on 95 % of (Basic Sale Price + PLC)
On Booking 5 Lakhs
Within 45 days of Booking 95% of Sale Price (See note 8) less Booking Amount + 95% PLC if applicable + 100% Cost of Parking Slot(s) less Down Payment Rebate
On Intimation for Possession 5% of Sale Price & PLC + IFMS (See note 3) + Stamp Duty & Registration Charges (See note 4)
INSTALLMENT PAYMENT PLAN
On Booking 5 Lakhs
Within 45 days of booking 20% of Sale Price less Booking Amount
Within 90 days of booking 7.5% of Sale Price
On start of construction 5% of Sale Price
On completion of Ground floor roof slab 7.5% of Sale Price + 50% of Cost of Parking Slot
On completion of 2nd floor roof slab 5% of Sale Price + 50% of Cost of Parking Slot
On completion of 4th floor roof slab 5% of Sale Price + 50% of PLC if applicable
On completion of 6th floor roof slab 7.5% of Sale Price + 50% of PLC if applicable
On completion of 8th floor roof slab 7.5% of Sale Price
On completion of 10th floor roof slab 7.5% of Sale Price
On completion of final roof slab 7.5% of Sale Price
On completion of external plaster 7.5% of Sale Price
On completion of Internal Flooring and wall painting 7.5% of Sale Price
On intimation for possession 5% of Sale Price + IFMS (See note 3)+ StampDuty &
Registration Charges (See note 4)
Other charges
External Development Charges (EDC) Rs. 240/- per sq. ft.
Infrastructure Development Charges (IDC) Rs. 30/- per sq. ft.
Down Payment Rebate As Applicable
Preferential Location Charges (PLC) (See note 7)
Parking (Stilt/Covered) - Mandatory Rs. 2,50,000/-
Parking (Open) - Optional Rs. 1,75,000/-
For more info log on to http://www.zameen-zaidad.com/default.aspx and
http://www.propertycafeteria.com/main.aspx
Wednesday, September 2, 2009
FLOORED IN THE BATHROOM
For that cozy, creative and unique look to your dream bathroom, Anjali Tiwari offers a few tips
Bathroom flooring should be chosen keepingsafety in mind. There are lots of options for bathroom flooring in the market. But it will be wiser to set the budget before going to the market. The most popular options are bathroom carpets, bathroom carpet tiles, ceramic floor tiles, bamboo flooring, laminate flooring, vinyl linoleum flooring, hardwood flooring.
There is no doubt that bathroom carpet adds warmth and softness to the floor. In winters, you cannot imagine going barefoot but if you have a carpet in the bathroom, then you can take that step - barefoot! But, a bathroom carpet is not easy to maintain as a wet carpet makes the flooring dirty and also creates an unpleasant odor. So, it is better to use throwaway rugs instead of carpets for comfort. But if you are really keen on bathroom carpet flooring then use vinyl border around the bath, toilet and basin and put a few bath mats on it to soak in water and moisture from your feet. The most popular carpet in the bathroom is one with foam backing.
In comparison, carpet tiles are easy to install and if there is any defect in any one tile, you just have to replace the tile, while for a bathroom carpet flooring you have to tear down the whole carpet in case of any defect. Vinyl linoleum flooring is durable and easy to clean and maintain. Marble flooring and good quality tiles are also durable, easy to clean and require no maintenance.
It is said that laminate bathroom flooring may or may not be used for wet floors, but you can use high quality laminate bathroom flooring with high gloss finish. This type of flooring requires maintenance. Stone finish in bathroom laminate flooring is durable and looks beautiful. Hardwood flooring is durable but needs extra care. Normally, in hardwood flooring, oak and pinewood is used. Bathroom with hardwood flooring looks sophisticated and elegant. There is one more quite economic option of bathroom flooring - the ceramic bathroom floor tiling, which requires little care while installing. Ceramic bathroom tiles are durable, come in lots of colours and easy to clean. These types of tiles do not get too slippery when it gets wet. But it is advisable that one chooses slip-resistant surface in ceramic tiles for bathroom safety.
Another great option for
bathroom flooring is bamboo flooring that does not require much maintenance. If you do not wish to spend more money in bathroom flooring but simultaneously want to create a dream bathroom, you can opt for unglazed tile, but they need much maintenance and need to be cleaned frequently. Bathroom floor tiles come in square, rectangular, hexagonal and octagonal shapes, while accent tiles are generally diamond shaped and come in smaller sizes. For giving larger look to a bathroom, use same colour tiles on floor and walls. Tiles that are too large look ridiculous in small bathrooms, and preferably.
Use of two different colours of tiles is a great option. On the floor choose the tiles in one colour while choose another colour on the walls and thus give a dramatic look to your bathroom.
Courtesy: - ET dt: - 10-07-09
Bathroom flooring should be chosen keepingsafety in mind. There are lots of options for bathroom flooring in the market. But it will be wiser to set the budget before going to the market. The most popular options are bathroom carpets, bathroom carpet tiles, ceramic floor tiles, bamboo flooring, laminate flooring, vinyl linoleum flooring, hardwood flooring.
There is no doubt that bathroom carpet adds warmth and softness to the floor. In winters, you cannot imagine going barefoot but if you have a carpet in the bathroom, then you can take that step - barefoot! But, a bathroom carpet is not easy to maintain as a wet carpet makes the flooring dirty and also creates an unpleasant odor. So, it is better to use throwaway rugs instead of carpets for comfort. But if you are really keen on bathroom carpet flooring then use vinyl border around the bath, toilet and basin and put a few bath mats on it to soak in water and moisture from your feet. The most popular carpet in the bathroom is one with foam backing.
In comparison, carpet tiles are easy to install and if there is any defect in any one tile, you just have to replace the tile, while for a bathroom carpet flooring you have to tear down the whole carpet in case of any defect. Vinyl linoleum flooring is durable and easy to clean and maintain. Marble flooring and good quality tiles are also durable, easy to clean and require no maintenance.
It is said that laminate bathroom flooring may or may not be used for wet floors, but you can use high quality laminate bathroom flooring with high gloss finish. This type of flooring requires maintenance. Stone finish in bathroom laminate flooring is durable and looks beautiful. Hardwood flooring is durable but needs extra care. Normally, in hardwood flooring, oak and pinewood is used. Bathroom with hardwood flooring looks sophisticated and elegant. There is one more quite economic option of bathroom flooring - the ceramic bathroom floor tiling, which requires little care while installing. Ceramic bathroom tiles are durable, come in lots of colours and easy to clean. These types of tiles do not get too slippery when it gets wet. But it is advisable that one chooses slip-resistant surface in ceramic tiles for bathroom safety.
Another great option for
bathroom flooring is bamboo flooring that does not require much maintenance. If you do not wish to spend more money in bathroom flooring but simultaneously want to create a dream bathroom, you can opt for unglazed tile, but they need much maintenance and need to be cleaned frequently. Bathroom floor tiles come in square, rectangular, hexagonal and octagonal shapes, while accent tiles are generally diamond shaped and come in smaller sizes. For giving larger look to a bathroom, use same colour tiles on floor and walls. Tiles that are too large look ridiculous in small bathrooms, and preferably.
Use of two different colours of tiles is a great option. On the floor choose the tiles in one colour while choose another colour on the walls and thus give a dramatic look to your bathroom.
Courtesy: - ET dt: - 10-07-09
GLOBAL TRENDS
A popular trend these days is incorporating furniture with unusual design patterns
Furniture trends this year reflect a certain shift. While individuality reigns supreme, it acquires a bold expression in decor and design. With people achieving a level of wealth and exposure that allows them to purchase and live with the finest of luxurious furniture, artwork, or furnishing, established brands and manufacturers with custom capabilities are working to enhance their collections. They're not only functional, but also decorative.
While some people are only happy if they are able to buy the most expensive home furniture and furnishings with the most prestigious label attached, there are ways that you can bring the look and feel of luxury into your home at a more digestible price tag, which is the current market trend reflected internationally. The overriding style statement in furniture trends can be summarised in one word - global. Taking international influences from every continent - Asia, Australia, Europe, Africa, America - furniture trends these days speak an international language. Even though there are influences from all over the world, these trends are more flexible and also much simpler.
Trends in
furniture support the mixed media expression. Wood is mixed with fabric, metal, or even glass. But mixed expression transcends the classical. Every sort of exotic material - stone, coconut shells, crushed bamboo, and even fossil stones - can be used. The trends are subtle, but unique in style and fashion. The past few months have seen a resurgence in opulent living and a heightened interest in Baroque fixtures, bold design, and an element of shine and sparkle in almost all product design. Grandeur is definitely fashionable and so is a return to luxury in living. Chandeliers, crystalware, and other high-end luxury products are finding their way into every home.
Increasingly, designers are bidding adieu to minimalism. They are going for a modern home with accessories that heighten the glamour quotient - big lamps, mirrors, layers, bright colours, offbeat and unexpected colour combinations - are welcomed. Combinations should be unpredictable and rather unusual. For instance, a soft and elegant chair with a rough textured wood on a coffee table and a bold patterned headboard in a bedroom would heighten this kind of look. Contemporary isn't out of the game and continues to be a popular style for upholstered furniture, where transitional elements help to lend a dramatic look. Rooms and designs built on specific themes are not preferred anymore.
The metallic colours will definitely replace traditional black and white at least this season. Tones like putty, stone, and granite are expected to be popular. These tones are really deep and versatile. Since formal style interiors are decorated to attract attention, highly polished woods, glistening mirrors, luxurious fabrics, sparkling crystal, and engraved centre tables in Italian marbles are unique and interesting pieces of furniture which are an important part of today's highend homes. Neutral walls and fabrics look clean and neat in a room.
Courtesy:- ET dt:- 10-07-09
Furniture trends this year reflect a certain shift. While individuality reigns supreme, it acquires a bold expression in decor and design. With people achieving a level of wealth and exposure that allows them to purchase and live with the finest of luxurious furniture, artwork, or furnishing, established brands and manufacturers with custom capabilities are working to enhance their collections. They're not only functional, but also decorative.
While some people are only happy if they are able to buy the most expensive home furniture and furnishings with the most prestigious label attached, there are ways that you can bring the look and feel of luxury into your home at a more digestible price tag, which is the current market trend reflected internationally. The overriding style statement in furniture trends can be summarised in one word - global. Taking international influences from every continent - Asia, Australia, Europe, Africa, America - furniture trends these days speak an international language. Even though there are influences from all over the world, these trends are more flexible and also much simpler.
Trends in
furniture support the mixed media expression. Wood is mixed with fabric, metal, or even glass. But mixed expression transcends the classical. Every sort of exotic material - stone, coconut shells, crushed bamboo, and even fossil stones - can be used. The trends are subtle, but unique in style and fashion. The past few months have seen a resurgence in opulent living and a heightened interest in Baroque fixtures, bold design, and an element of shine and sparkle in almost all product design. Grandeur is definitely fashionable and so is a return to luxury in living. Chandeliers, crystalware, and other high-end luxury products are finding their way into every home.
Increasingly, designers are bidding adieu to minimalism. They are going for a modern home with accessories that heighten the glamour quotient - big lamps, mirrors, layers, bright colours, offbeat and unexpected colour combinations - are welcomed. Combinations should be unpredictable and rather unusual. For instance, a soft and elegant chair with a rough textured wood on a coffee table and a bold patterned headboard in a bedroom would heighten this kind of look. Contemporary isn't out of the game and continues to be a popular style for upholstered furniture, where transitional elements help to lend a dramatic look. Rooms and designs built on specific themes are not preferred anymore.
The metallic colours will definitely replace traditional black and white at least this season. Tones like putty, stone, and granite are expected to be popular. These tones are really deep and versatile. Since formal style interiors are decorated to attract attention, highly polished woods, glistening mirrors, luxurious fabrics, sparkling crystal, and engraved centre tables in Italian marbles are unique and interesting pieces of furniture which are an important part of today's highend homes. Neutral walls and fabrics look clean and neat in a room.
Courtesy:- ET dt:- 10-07-09
GLOBAL TRENDS
A popular trend these days is incorporating furniture with unusual design patterns
Furniture trends this year reflect a certain shift. While individuality reigns supreme, it acquires a bold expression in decor and design. With people achieving a level of wealth and exposure that allows them to purchase and live with the finest of luxurious furniture, artwork, or furnishing, established brands and manufacturers with custom capabilities are working to enhance their collections. They're not only functional, but also decorative.
While some people are only happy if they are able to buy the most expensive home furniture and furnishings with the most prestigious label attached, there are ways that you can bring the look and feel of luxury into your home at a more digestible price tag, which is the current market trend reflected internationally. The overriding style statement in furniture trends can be summarised in one word - global. Taking international influences from every continent - Asia, Australia, Europe, Africa, America - furniture trends these days speak an international language. Even though there are influences from all over the world, these trends are more flexible and also much simpler.
Trends in
furniture support the mixed media expression. Wood is mixed with fabric, metal, or even glass. But mixed expression transcends the classical. Every sort of exotic material - stone, coconut shells, crushed bamboo, and even fossil stones - can be used. The trends are subtle, but unique in style and fashion. The past few months have seen a resurgence in opulent living and a heightened interest in Baroque fixtures, bold design, and an element of shine and sparkle in almost all product design. Grandeur is definitely fashionable and so is a return to luxury in living. Chandeliers, crystalware, and other high-end luxury products are finding their way into every home.
Increasingly, designers are bidding adieu to minimalism. They are going for a modern home with accessories that heighten the glamour quotient - big lamps, mirrors, layers, bright colours, offbeat and unexpected colour combinations - are welcomed. Combinations should be unpredictable and rather unusual. For instance, a soft and elegant chair with a rough textured wood on a coffee table and a bold patterned headboard in a bedroom would heighten this kind of look. Contemporary isn't out of the game and continues to be a popular style for upholstered furniture, where transitional elements help to lend a dramatic look. Rooms and designs built on specific themes are not preferred anymore.
The metallic colours will definitely replace traditional black and white at least this season. Tones like putty, stone, and granite are expected to be popular. These tones are really deep and versatile. Since formal style interiors are decorated to attract attention, highly polished woods, glistening mirrors, luxurious fabrics, sparkling crystal, and engraved centre tables in Italian marbles are unique and interesting pieces of furniture which are an important part of today's highend homes. Neutral walls and fabrics look clean and neat in a room.
Courtesy:- ET dt:- 10-07-09
Furniture trends this year reflect a certain shift. While individuality reigns supreme, it acquires a bold expression in decor and design. With people achieving a level of wealth and exposure that allows them to purchase and live with the finest of luxurious furniture, artwork, or furnishing, established brands and manufacturers with custom capabilities are working to enhance their collections. They're not only functional, but also decorative.
While some people are only happy if they are able to buy the most expensive home furniture and furnishings with the most prestigious label attached, there are ways that you can bring the look and feel of luxury into your home at a more digestible price tag, which is the current market trend reflected internationally. The overriding style statement in furniture trends can be summarised in one word - global. Taking international influences from every continent - Asia, Australia, Europe, Africa, America - furniture trends these days speak an international language. Even though there are influences from all over the world, these trends are more flexible and also much simpler.
Trends in
furniture support the mixed media expression. Wood is mixed with fabric, metal, or even glass. But mixed expression transcends the classical. Every sort of exotic material - stone, coconut shells, crushed bamboo, and even fossil stones - can be used. The trends are subtle, but unique in style and fashion. The past few months have seen a resurgence in opulent living and a heightened interest in Baroque fixtures, bold design, and an element of shine and sparkle in almost all product design. Grandeur is definitely fashionable and so is a return to luxury in living. Chandeliers, crystalware, and other high-end luxury products are finding their way into every home.
Increasingly, designers are bidding adieu to minimalism. They are going for a modern home with accessories that heighten the glamour quotient - big lamps, mirrors, layers, bright colours, offbeat and unexpected colour combinations - are welcomed. Combinations should be unpredictable and rather unusual. For instance, a soft and elegant chair with a rough textured wood on a coffee table and a bold patterned headboard in a bedroom would heighten this kind of look. Contemporary isn't out of the game and continues to be a popular style for upholstered furniture, where transitional elements help to lend a dramatic look. Rooms and designs built on specific themes are not preferred anymore.
The metallic colours will definitely replace traditional black and white at least this season. Tones like putty, stone, and granite are expected to be popular. These tones are really deep and versatile. Since formal style interiors are decorated to attract attention, highly polished woods, glistening mirrors, luxurious fabrics, sparkling crystal, and engraved centre tables in Italian marbles are unique and interesting pieces of furniture which are an important part of today's highend homes. Neutral walls and fabrics look clean and neat in a room.
Courtesy:- ET dt:- 10-07-09
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