How Land Records Can Help You Take a Better Real Estate Investment Decision

Real estate investment is an investment that is a life changing decision. Not everyone
can get a positive result in terms of investment in the field unless the right steps are
followed. One of the most important steps to take when investing in a real estate is
checking the land records. It is a comprehensive data of the land that you are willing to
invest in for future. Real estate is a growing sector if smart steps are taken and by taking
land records into consideration. There are reasons why you need to consider it.
Continue reading and know the reason.

Land Records and the Important Aspects

Age of the Property
It can be a land or a built property. Whatever it may be, you need to know the age of the
property because it tells you the property’s true worth. By having a look at the property,
you won’t be able to guess the property’s age. When you have the land records handy,
you will know the real age of the property. It is imperative that you seek for the records
of the land.

Registration of the land

You need to have the land registration detail for a better inspection of the land before
you take the decision of investment. Registration of a land is important and whether it
was done in the past or not will be revealed with the help of the registration details.

Title Deed

Land record also consists of the Title Deed which saves the potential buyers from getting
false information and taking a wrong decision. It shows the ownership of the land and
this is how you save yourself from any kind of fraud that may come your way. It is
similar to buying a used vehicle. You definitely look for the transfer of ownership but
before that you check if the owner details match with what has been provided.

Encumbrance Certificate

Do you want to buy a land that has dues that you will be burdened with later? I am sure
you don’t want to. It is, therefore, necessary that you get the encumbrance certificate
and know about hidden pending dues that you never want.

Tax Bills

You want to be sure that the land is free from any tax. The land record will give you
transparent information about the tax payment and the receipt. The record will be
beneficial in taking the right decision in buying a land that you have chosen. It is illegal

not to pay land lax and you don’t want to acquire a land that has been illegally possessed
all these years.
There are other important factors that will need consideration before you invest in a
land. The ones that you can’t ignore apart from the ones mentioned above are sale deed,
land measure record, agreement details and more.
Don’t jump the gun when you have heard positive reviews about a land that the broker
or property dealer has brought to you. You need a few other items to consider so that
you know whether the land is a potential buy or not. Land record is the status of the land
that tells you legal binding on the land. Is it a white land or a black land? You know the
best strategy to buy a land that will be a buy that gives you potential benefit in the past.
You will have no difficulty in finding the land record as it is published in public forums
for the information to be read by everyone. Maintained and updated by government, you
get a clearer picture of the property and take only a decision that is in your favor.

Bhubaneswar Real Estate to Be Boosted Through the Jagasara Greens

Bhubaneswar is a rapidly developing city which has seen the construction of several sectors in the recent past. Based on the housing requirements of the under construction Infocity II along the city’s outskirts, the BDA or Bhubaneswar Development Authority has planned to construct an integrated township project spread over 67 acres in the Jagasara village. The BDA has called for a meeting of various developers to take their feedback on this project.

The Vice-Chairman of BDA has commented that the BDA shall develop the civic and physical infrastructure like public amenities, drains and road. The BDA invites private developers to construct housing projects on twenty five different plots that have been carved out already. The township shall have flats for sale in Bhubaneswar to house 7000 families. The Jagasara plan has been formed for land that is owned by the BDA already. It is a part of the much publicised South City Township that has been proposed. It has been planned on a plot of 1200 acres along the southwest corridor of the state’s capital. For the past couple of years, the proposal was mooted and no progress was made on this ambitious that would provide fresh flats for sale in Bhubaneswar. At present, the government wants to commence the project with a smaller plan.

The integrated township has been branded as Jagasara Greens and the BDA hopes to make the most of its favourable location near the under construction Info City II spread over 440 acres. The latter is an Info Valley Project by the IDCO. In the near future, the project is slated to offer employment for almost 80,000 people over a period of five years. Therefore, the need to create amenities and residences for employing professionals and their families is necessary. The Jagasara plot owned by the government is 67 acres in area and is strategically located for catering to the demand.

The integrated township proposal visualises an inclusive, walkable and vibrant neighbourhood which would serve recreational, medical, educational and housing needs. The project has several environment friendly features planned such as storm water management, where the water shall be retained in an abandoned stone quarry towards the site’s southwest. Activity hubs, cycle tracks, pedestrian paths and other facilities shall be there for accommodating the different needs of the housing mix for different income groups, including Economically Weaker Sections.

The project shall be developed mostly on middle to low rise buildings that will cover 1-2 acres. Sports complex, schools, shopping malls and a hospital plot shall serve as the anchor institutions of the new developments.

Developers have shown mixed reactions on the proposal by the BDA. Some have lauded the step and have stated that the move shall lead to progress on different realty projects because the sector witnessed stagnation over the last few years. However, others are sceptical as the Info Valley project is progressing at snail’s pace. The flats for sale in Bhubaneswar in housing projects located at Info Valley may not find enough takers as those near the Info City I, which are completely ready have not found any takers so far.

Gurgaon: An investment destination for Expats and NRIs

Gurgaon, also known as ‘Millennium City’ of the country is one of the prominent cities in the National Capital Region (NCR). Ever since India opened its economy to foreign investment, Gurgaon has been a rewarding destination. Today, it is considered as one of the best cities in India to work and the people migrating here for are looking for properties for sale in Gurgaon.

Reasons to invest in Gurgaon

Gurgaon is a favourite realty hot-spot for many- whether it’s for investment purpose or for end use. The property for sale in Gurgaon gives the option of high returns and a secure property investment environment.

Improved infrastructure and quick connectivity are the reasons behind the growth of Gurgaon. It’s proximity to Delhi and access to locations like Dwarka-Gurgaon Expressway, IGI Airport, NH -8; KMP Expressway adds importance to this locality as an investment destination and increases the demand for properties for sale in Gurgaon. Apart from that, Metro connectivity and Monorail are an added advantage of this city.

This city is known to have stable law and order set-up and peaceful environment, and the construction of various SEZs are attracting several multi-national companies, foreign investors, NRIs and large business houses.

Property appreciation

The property rates are already up and they are set to increase further as the city is expanding. Localities like Sohna Road, Golf Course Road, Gurgaon-Faridabad belt, Manesar, Dwarka Expressway are witnessing a huge requirement for properties for sale in Gurgaon, however, the land is still remains an attractive option in these localities. All these places are seeing a fair appreciation.

Currently, the rates are like, Rs. 7,500 per square feet and, as per the analysts it may increase further in next few years.

This city is attracting investment from NRIs, HNIs and even locals as one can find properties for sale in Gurgaon that fit everyone’s budget. One can find affordable, luxury and ultra-luxury and even deluxe projects from leading developers of India.

 

Choosing Flooring Options for Your Home

Have you ever made a decision what to do with the flooring of your house? Some would want to have carpet floors in every room while others prefer wood flooring as it is easier to maintain.

Here are some thoughts you would like to consider when choosing:

• With carpets, you can have an added luxury and comfort with the texture of one below your feet, especially if you love walking barefoot. Carpets can also be matched to our furnishings and walls. It also costs less than wood flooring. Today, carpets are stain-resistant. The stain-resistant finish is woven directly into the yarn or sprayed on after the carpet has been woven. However, it is harder to clean and is not recommended for people with allergies. An Environmental Protection Agency study found garden pesticides can work their way into carpet. “These poisons are then absorbed by your bare feet, by your children playing and your baby crawling on the floor,” according to the study.

• With wood flooring, you can afford to be given variety. There are many types and colors. Better yet, wood floors go with everything. These days as well, there are scientific finishes that protect wood from scratches and wear. The Environmental Protection Agency recommends hardwood flooring for those who are concerned about pesticides getting into carpet. Doctors also recommend wood flooring for people with allergies. It also is a trend these days that most house buyers prefer wood flooring. Of course, wood flooring can be more expensive.

One type of flooring that is growing in popularity is epoxy floors. The reason for its growing popularity is its toughness, durability, resistance to stains and spills, and lustrous finish. Most condo units for rent or condo units for sale offer this flooring.

Below is a quick guide on how to clean your epoxy floor.

1. Sweep the floor of dust and debris. In fact, regularly doing this will help prolong the life of your epoxy floors. This will prevent scratches that could remove some areas of the coating of you floor.
2. Mix together a gallon of water and 1/3 cup of dish soap in a bucket or pail.
3. Get a mop, dip it into your solution, and clean your floor with it. For best results, choose a mop that is made from synthetic fiber.
4. If you have a particularly dirty floor, you may use a scrub brush with soft bristles for removing heavily stuck dirt.
5. Rinse your floor thoroughly. Do not leave your floor wet. Instead, use a foam squeegee to soak up extra wetness and moisture.

Epoxy floors are relatively easier to clean than other kinds of floors. You could actually clean it less frequently but maintaining it well will prolong its life.

Author Bio : Justin is a Filipino blogger and a writer. Currently working as a freelance real estate agent that help buyers to find their dream home.

Visit their site if you’re interested in Real Estate Investments

Four Tips for Renting Out an Apartment for the First Time

Renting out an apartment has its own troubles; there are certain things that you need to be aware of before renting an apartment especially if you are a first time tenant. Read on to know more.

While the economy of 2014 might show some subtle signs of improvement, the real estate segment might not turn out to be best bets for every end user. People, who are looking out for rental accommodations, will have to be extra cautious as a tight rental market awaits them. This is because buying property has lost out considerably on their significance due to driving property prices.

However, this does not deter any end users from renting out apartments. But what do you do before you decide to make up your mind about renting out an apartment. Needless to say that extensive searching is one of the first options that every tenant will have to look for? But is that all? Well, not really and if you are a first time tenant, you will have to be extra cautious. So what are the tips that you need to look for if you are a first time tenant – read on the following paragraphs.

Set the Location and a Realistic Budget

Finding a location is important depending upon your taste and lifestyle. Finalizing the location is important because, if you are single professional you would probably look for a locality that is close to your workplace; or if you are a student you would ideally look for an apartment that is close to your college.

Once the locality has been finalized, you should then try and focus on the budget. Just as the location is essential, so is the budget. Age-old wisdom denotes that one should spend no more than 30% of his or her annual compensation on rental costs. So, it is advisable that you keep this in mind and thereafter go ahead with your planning.

Keep Aside a Budget for Extra Expenses

Just chalking out a budget for the extras comes in handy. This is because you might not be paying for only the rent – you might have to take care of the electricity bills and other bills such as cable. All these hidden costs put together with your house rent can turn out to be much more than you think. So, if you are on the hook for utilities, include these in your budget lists. Carefully calculate all these lists and then end up making the final decision.

Present yourself as a Desirable Tenant

Rental markets are quite competitive so have your budget and references ready even before you start searching. In certain markets, as a tenant you will be expected to pay a security deposit for renting out an apartment; if you are going through a broker, you have to pay him also.

It is very important that you present yourself as a desirable tenant to your prospective landlords; it is a good idea to having your parents co-sign the rental document. Another good option is to carry a letter from your employer as a proof not only your employment but also your identity as a working professional. Some prospective landlords sometimes tend to run a cross check of your credit in order to settle any kind of scores related to money.

Check a the Neighbourhood Properly

Just as chalking out a budget is very essential for renting a house, conducting a thorough research about the locality is also required. Choose an apartment based on certain parameters such as maintenance of the building and the area where the apartment is located. What is the crime rate of the locality? If possible interact with your prospective neighbours and find out more about the locality. If required visit the locality in more than one occasion.

Put Down Everything on Pen and Paper

After finalizing everything, it’s important that you put down everything on pen and paper and make sure you keep a copy the document with yourself for future references.

Author Bio: A skilled writer and an ardent blogger, Sampurna Majumder loves creativity and challenges. She has been providing her expertise to the world of new media for over a year now by penning articles and posts for various real estate websites that cover all kinds of information about real estate. The above post provides some tips on renting an apartment.

Flats or Lands: Which Is a Better Property Choice?

Flats –

For flats, you may have to wait for a few years for the possession. You pay a down payment and then EMIs. Bank loans are easily available on the approved projects by the banks. But, of late, there has been a rising tension amongst the buyers who chose to put their money in the construction projects that were in progress. So, if you decide to go for a flat, please make sure you park your money with a developer that you can trust, a developer who has a history of timely project delivery.

Flats often turn out as the best property in Gurgaon as you have the choice to live there, or to put the rent on rent, or sell it the moment you get the price that you were looking for. Gurgaon real estate offers all sorts of flats such as studio, 2-BHK, 3-BHK, 4-BHK, luxury flats, etc. Price vary hugely from one place to another, from one developer to another, which means you have to undergo a detailed research before you decide the type of property that would best serve your purpose.

Open lands –

Lands are also in huge demand these days. Agriculture lands, commercial lands, they are all quite profitable deals. With an open land, you have the choice to build your home (the way you want to build it, take it as high as you want) or keep it that way and sell it when prices go up and you get a tempting offer.

Though open lands are hardly available in Gurgaon, you still can find a few. These lands also top the chart as the best property in Gurgaon, as you have all rights over the land and use it your way.

Both properties – flats and open lands – have their pros and cons; you have to decide which one makes more sense to you. When looking for the best property in Gurgaon, you can take help from the real-estate portals that enlist all sorts of properties that Gurgaon has to offer. Then, you can also take professional guidance from a local real-estate agent.

Buying a property is most likely to be the best investment you’d even make in your life. So make sure you don’t put your money in a bad project or in a bad property. The best way is to research for the best properties in Gurgaon and plan the things out. To begin with, you should think about the budget – how would you manage the finance; once you have worked on the budget, the next step should be the kind of property you want – whether a 2-BHK flat would suffice, or an open land is a better choice; last, but the most important thing, would be to look for a professional that could guide you throughout the property buying process, someone who knows Gurgaon real estate market from inside and outside and thus can help you find the best property in Gurgaon, that too within your budget and in the minimal time.

Author Bio –

Rashmi Nair specialises in real estate content, and writes extensively on the topics covering satellite cities like Gurgaon. To read more from him, visit the space regularly. The next post would be a continuation of this post and would be focused on how to get the best property in Gurgaon.

Today Royal Elegancia in Sector 73 Gurgaon, Gurgaon

Today Royal Elegancia is a beautiful apartment located in Sector 73 Gurgaon.Beautiful Apartment in Sector 73 gurgaon.An ultra-luxury abode with luxurious finesse & a vision of creating an unmatched address with world class amenities, Today Royal Elegancia is unveiling its masterpiece in the heart of Gurgaon. The 4BHK luxury apartment along with a guest lounge & servant quarter in 3 towers and 2 apartments in each floor is lined with top of the line amenities like club facility and all apartments over viewing greenery making it distinctive & the most sought-after residential address.

Today Royal Elegancia is a destination for the distinguished and the discerning in the true sense of the word. An entirely new evolution in pure luxury living.

Property Type : Apartments / Flats

Bedroom : 4 BHK

Area : 3650  sq feet

Price : Rs. 2.59 crore

Today Royal Elegancia Features

• Club House
• Security
• Lift
• Gym
• Swimming Pool
• Recreation Facilities

I Know you are very much interested to buy this beautiful apartments view more details Here

 

 

 

Sarvottam Shree Apartmetns in Indirapuram, Ghaziabad

Sarvottam Shree in Indirapuram, Ghaziabad

Rs:54.05 lakhs onwards

Possession Date: December 2016

Apartments / Flats | 3,4 BHK | 1600 – 2195  sq feet

Sarvottam Group signifies the epitome of luxury, integrated with superior quality and understated grandeur. The spirit of creativity and perfection of the organization is reflected in its endeavours to achieve excellence, a quality perfected in serving the nation for the past decades. Sarvottam Shree is a residential Apartment project in Indirapuram, Ghaziabad.

View more details

URL : http://property.sulekha.com/sarvottam-shree-in-indirapuram-ghaziabad

Noida: An Emerging Luxurious Hub

NOIDA or New Okhla Industrial Development Authority is located in Gautam Buddh Nagar district of Uttar Pradesh. This city which falls under the catchment area of the Yamuna River shares its border with New Delhi, Gaziabad and Greater Noida. Being close to New Delhi and the National Capital Region gives it an extra edge.Witnessing a whole lot of commercial establishments, plentiful of developers and builders have already established themselves in this city with numerous residential real estate projects.

Currently, Noida is in news after the globally acclaimed luxury hospitality giant Four Seasons has launched its private luxury residences at mix land-use property in Delhi. Each apartment will be costing between Rs. 10 crore to Rs. 25 crore. The owners will enjoy hotel like facilities such as temperature controlled swimming pools, laundry, in-residence dining, valet service, transport services, housekeeping and much more.

Noida is a happening place with a lot of greenery and natural beauty and is populated with the best world class infrastructures. Another plus point that works for it is being very close to Delhi, which results in a win-win situation.

Projects like Four Seasons are transforming the definition of quality living and affluent people in New Delhi and National Capital Region (NCR) are ready to invest in such kind of projects for luxurious and comfortable living.

The prime reason for such growth of Noida city is its connectivity to New Delhi, and Delhi Metro has played an essential part in it. Through Delhi Metro, Noida is now connecting to almost all the commercial places like Connaught Place, New Delhi, IP Estate and Akshardham Complex.  Noida features three main expressways:

• DND Flyway that runs across the river Yamuna, connects Noida and Delhi
• Noida-Greater Noida Expressway (NGN Expressway)
• Yamuna Expressway, connects Noida to Agra via Mathura

Noida city is populated with well known educational institutes and hospitals. Some of the best educational institutes like Amity University, Jaipuria Institute of Management, JSSATE, Asian Academy of Film and Television, Mahrishi Vidya Mandir, Amity international, DAV Public School, Ryan International are part of this real estate hot-spot.  Beside these there are loads of good hospitals in Noida, such as, Apollo hospital, Fortis Hospital and Metro Hospital and Heart Institute.

The reason for growth of residential real estate in Noida is attributed to the IT /ITES sector and to manufacturing industries. It is a major hub for multinational firms like Sapient, TCS, Accenture, Samsung, Dell, Ericsson, Tech Mahindra, Adobe System, ALSTOM, Escorts and Honda.

Noida city had been providing affordable as well as luxury and high-end projects to its potential customers. Some of the ongoing luxury projects are:

• Prateek Stylome
• Curio City
• Supernova
• Mist Avenue

Apart from luxury project, apartments in the range of Rs. 60 lakh to Rs. 90 lakh are having maximum sales in Noida and they are mostly with 2 and 3 BHK configurations. As per a report, around 56000 residential apartment s will come up in Noida by 2014.

The prices in Noida may increase by 10 to 15% in next 6 months; the reason for this increase is the hike in cement prices. The average price for a regular apartment in Noida is Rs. 4,100 per square feet.

Over-supply of Residential Projects on OMR

OMR (Old Mahabalipuram Road) in Chennai is considered as one of the most sought-after residential localities in South Chennai. The main backbone of this locality is the IT corridors and companies which are operational from here for around seven to eight years. Currently, the situation is very grim on the OMR stretch as it is facing over-supply of residential projects in old mahabalipuram road. The arrival of IT companies has helped the first stretch to develop in a fast-paced manner with lots of residential complexes being constructed and sold immediately. But, recently the pace of development has come down a bit as most of the buyers do not want to go beyond Sholinganallur.

Beyond Sholinganallur even though houses are priced at Rs. 3500 to Rs 4500 per sq ft there are not many takers. Places like Navalur, Padur and Siruseri have not been developed much due to the absence of social infrastructure like schools, hospitals, retail and entertainment options. Although buyers are reluctant to invest in these areas new projects are coming up as one can find huge land parcels at lower rates leading to an over-supply of residential projects.

Mr. Senthil Kumar, MD of Ganga Foundations states that presently there are around 25,000 housing units coming up on OMR and the fact that the total absorbing capacity of the city is only 40,000 units annually these numbers are definitely high. Moreover, professionals who want to reside near their workplace have started shifting to locations off the road that offer lower values in comparison to high prices on the first stretch of OMR (Sholinganallur).

Still, builders believe that as soon as the infrastructure development starts in the other parts of the stretch such as wide roads, water and electricity supply, investments will start pouring in from home buyers. But this will take at least 5 years to take shape and to encourage homebuyers to buy a property. 

For investors, it is a good time to invest in Padur, Siruseri and Navalur, as these are developing areas and given a time frame of approximately 5 to 7 years these localities will be one of the hot-spots of Chennai and will yield good returns.

Landmark Group Makes Profit by Quitting from Leading Real Estate Projects

Landmark Group, the leading real estate investor has exited from the Ghaziabad’s mega residential project, the Hi tech city (Wave city) for Rs.350 crore.

The wave city is a new residential project, started earlier this year by the Wave Groups. It comprises of 75,000 dwelling segments in a space of 4,500 acres. Around 4000 units of the first phase are close to completion.  These affordable residential units are launching for a bracket price of Rs.14 lakhs.

Landmark, a leading real estate investor company of the Dalmia group, made its investment in top notch projects that are ventured by leading real estate firms like Forum, Pioneer, Prasvanth, ATS, Ansal, kumar builders etc. In the wave city project, the Landmark group had invested Rs.111.26 crore and earned 3.15 x on its exit.

This is not the first time that the Landmark group has exited from an ongoing real estate project. Earlier this year, landmark made its exit from 2 other projects but still managed to make a profit out of both. With the ATS group investment, it gained a multiplier of 2.3 x and an internal rare return (IRR) of around 24.5% on its exit. The landmark had also exited from the Shipra’s residential project with a profit of Rs. 50.53 crores which is 2.10 times the original investment.

In the present day scenario of the real estate market, most of the equity investors are struggling to stay in the field, but landmark has found its way out without encountering any loss by applying a profitable exit strategy.

Aura Villas, Mohali

This video gives details of Aura villas that are being developed in the northern city of Mohali. A comprehensive outlook of the rooms are shown throughout the video.

Location: Mohali
Contact: +91 44 6000 4040

Amrapali Platinum, Sector 119, Noida

Amrapalli group has come out with its new project Amrapalli Platium at Sector 119, Noida. The video shows the exterior view of the high-rise. It is still under construction.

Location: Sector 119, Noida
Size: 3 & 4 bhk

Greystone Villas, RT Nagar, Mysore

Greystone Villas is a luxury villa residential project at the RT Nagar locality of Mysore. It has been MUDA approved and is just 9 kilometres away from Mysore Palace, Railway Station and Bus Stand. The villas available are all independent single floor and duplex houses.

Loans for the project have been approved by State Bank of India and by Axis Bank. There are two BHK and three BHK villas available here. The two BHK comes in two varieties of 1100 sq ft and 1500 sq ft. The three BHK has one type which is 1800 sq ft and the other one is 2300 sq ft.

The exact prices will be made available on request to the developers but it is expected to start from Rs 37 lakhs onwards. Plots will be either 30X40 or 40X60. Possession will begin by October 2014. There will be beautiful 12 metre wide asphalt roads within the complex itself. Water supply and sanitation lines are separate for each plot. The entire area is aesthetically landscaped with tree line avenues. There is also a Children’s Play Area and park among other amenities.

The area is also a good one and is expected to be the future residential and commercial hub of Mysore. There are a number of good schools in the locality like the Christ Public School, Kautilya Vidyalaya and Shrada Public School. It also has a number of hospitals, banks, malls and shopping areas. It will definitely be a great locality to live in for your family and children.

Best locations in bangalore to buy property

Bangalore is one of the best choices for real estate investments. Better known as a silicon city it has lots of prospective developments in the near future. North Bangalore, in particular, is seeing huge developments in the form of proposed infrastructural developments like the Peripheral Ring Road, the elevated expressway and broadening of the Bellary Road. All these hold promise for making North Bangalore the most sought after self-sustained destination. Current developments of the Metro links and the upcoming projects will surely take Bangalore real estate sector to new highs in the near future. Below mentioned are some of the best areas you can consider for investments.

Hebbal: Average apartment prices in this locality range from Rs. 4000/- to Rs. 8500/- per sq. ft. Located close to the International Airport, it has got good connectivity to all other parts of the city and many developments are in progress.

Hennur road: Average apartment prices in this locality range from Rs. 3000/- to Rs. 7000/- per sq. ft. It is an alternate road to the International Airport, there are many ongoing residential projects on this stretch and this is one of the hot destinations of North Bangalore.

Hebbal to Silk Board ORR: Average apartment prices in this locality range from Rs. 3000/- to Rs 8000/- per sq. ft. It’s a long stretch along the Outer Ring Road with many tech parks which makes it one of the most preferred locations.

Whitefield and Sarjapur road: Average apartment prices in this locality range from Rs. 3000/- to Rs. 8000/- per sq. ft. Whitefield is the IT hub of Bangalore city, hosts many IT companies and Sarjapur road is developing and has become a preferred location in Bangalore.