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Commonfloor presents “Open House”

CF Open House

Commonfloor presents “Open House”

What is an Open House event?

CommonFloor, along with its business partners, is conducting Open House events, showcasing properties in select neighborhoods. These events are conducted on specific dates. You can just walk-in in any of the participating properties during the visiting hours.

How do I benefit from an Open House?

When searching for your home, you spend more time waiting for the keys to the property than in actually viewing it. Through the Open House, we make your property search more effective. The doors of the participating properties are open; you just walk-in.

Why should I schedule a visit?

You should schedule your visit for each property you like. When you schedule a visit, we send the Google Map location of the property to your mobile number. This makes it easy for you to reach the property. We also inform the property owner/broker when to expect a visitor, but do not share your contact details with them.

Here is a short video which explains the product in detail.

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Gated communities and security systems

Home_Security

Gated communities and security systems

Gated communities have been a popular choice among Indians for reasons more than one. From facilities provided to the sense of security that these societies give the residents, such complexes have it all. More Indians today than ever choose to become nuclear families and move into gated communities to ensure the safety of their children.
However, since the shocking incident of rape of a minor girl in a Chennai apartment complex last year, the safety of such communities is being questioned by everyone, including the residents themselves. The safety concerns arise from the fact that most residents are unaware of who is entering and leaving the society premises. Moreover, the staff (security guards, plumbers, etc.) in these complexes are contract-based and change from year to year. Together these factors give rise to the question:

Are children and adults, alike, safe in gated communities?

Housing societies across India have decided to answer the question above themselves through the installation of various security technologies. While some have pooled in money to install CCTV cameras in and around their complex, some others have invested in biometrics to ensure the safety of the residents. One such housing society is Savita Enclave at Mira Road, Mumbai.

Savita Enclave can be considered as a pioneer among the housing societies in Mumbai as far as security measures are concerned. The complex implemented CCTVS, biometric system, and grill front doors in all of its apartments in as early as 2011. With an all-inclusive expenditure of over INR 2 Lakhs, the housing society has ensured that no one other than the residents enters the premises. Their support staff and outsiders will need to use the intercom system.

Read more about Savita Enclave’s initiatives here.

At CommonFloor, we continue from where Savita Enclave other such communities stopped. Our application ‘SmartGuard’ by CommonFloor Groups allows the members of the housing societies to form a close-knit community all interconnected in a single app. With features like event calendars, polls, online notices, and many more, residents can collaborate efficiently and effectively. Moreover, online visitor management becomes hassle free and a fool-proof practice with the SmartGuard mobile app. The application enables tracking all visitors (guests, staffs, and vendors) entering the premises through instant online reports.

Summary

Safety and security is a priority irrespective of the type of household or residential area. Gated communities give out the illusion of protection through the presence of guard and a visitor’s logbook. However, with the rising crime rates in the nation, security technology is the best bet we have to ensure the safety of the residents.

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Auto Reconciliation of PayU Money Payment Gateway Transactions

Payment

Auto Reconciliation of PayU Money Payment Gateway Transactions

Commonfloor Groups team has released the new feature on the Accounting Module “Money Manager” Auto Reconciliation of PayU money Payment Gateway payments. This feature saves a lot of time of the Treasurer and or the Admin of the Apartment Association or Society Management Committee considerably.

The Challenge of Reconciliation:

Whenever a Resident is making payment online using the PayU Money payment gateway the Receipt is generated automatically and is mailed to the Resident, simultaneously the Receipt and the Amount gets reflected on the House Statement and the Default Bank Account of the Association or Society. Earlier such payment(s) reflecting on the default bank account of the Association was to be reconciled by the Treasurer or the Admin of the Apartment Association or Society manually as the PayU Money payment gateway make settlement or credit the Amounts into the Bank account of the Association or Society in bulk. The admins had to reconcile the bulk payments along with the Transaction report of PayU Money manually and were facing difficulty in finding the breakup of the Amount as well as the Flats or Houses which made such payments for a particular credit of bulk settlement of transaction amount. The manual reconciliation was time-consuming and was difficult to reconcile each of the PayU Money transactions on a daily or weekly or monthly basis.

How does it work?

As PayU Money payment gateway is integrated with the Commonfloor Groups Software the Product team of Commonfloor has enhanced the integration to fetch the Settlement data from PayU Money by an advanced automation process. Now the Commonfloor Portal can provide the Receipt No, Settlement date correctly along with the Amount for each of the Transactions and with the UTR No. for easy reconciliation and to get the breakup of the Amount plus the Flat or House No.

Secondly, such Transactions for which settlements are made are automatically get reconciled on the Bank Statement of the Association or Society’s portal of Commonfloor groups and a Green Colour Tick mark appears against such auto reconciled Transactions. Thus saving a lot of Time and Effort of the Treasurer and or the Management Committee member who voluntarily work for the common cause of the community.

 

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Commonfloor launches….”CF Saarathi”

cfsaarathi

Commonfloor launches….”CF Saarathi”

CommonFloor has introduced CommonFloor Saarathi (CF Saarathi) as a product for Builders and Brokers (who take exclusive mandates for Projects). CF Saarathi solution enables CommonFloor to fix-up and track Site Visits of the end consumers and our Customers pays per Site Visit.

CF Saarathi is Tech enabled solution, which helps consumers schedule & reschedules the site visit, receive alerts & reminders about the site visit and helps the consumer check-in at the site.

Here is a short video which explains the product in detail.

For more information, please, contact CommonFloor Sales Representative now.

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Bangalore: Current Real Estate Scenario

LiveUp1

Bangalore: Current Real Estate Scenario

Ashish Sharma, MD,  LiveUp Solutions Pvt. Ltd. is very optimistic about the growth prospectus of Bangalore Real Estate in current Scenario. The Real Estate Sector has now recovered from the initial jolts due to the implementation of RERA, GST & Demonetization & is all set to witness the Positive outcome of the same.

ashish sharma

According to him “Indian Real Estate Market is settling after big jolts like GST, RERA, & Demonetization.
Last 6 months have been good and new FY is predicted to be good overall. Bangalore has not seen much launches in last fiscal so, one can expect a good number of new launches across the city.

East Bangalore and South Bangalore areas are most in demand while the highest number of launches are coming up in north Bangalore. North Bangalore has a large chunk of land parcels available and good infrastructure is already built. With the plan of a new phase of Metro connecting each part of the city with International Airport is a highlighting point for the new development in the north part of the city. Prices are stable and growing demand the market looks favorable in the near future.”

LiveUp Solutions Pvt. Ltd. is a fast growing Technology enabled Home buying Solutions Company. With a team of professional and experienced consultants, they are guiding their customers to find the right fit for their requirements. They are headquartered in Bangalore and have a strong presence in all major cities of India.

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