Q:I am looking to buy a plot in Bangalore & I have heard a lot about Transcity Developers & their residential projects in Bangalore. So I just want to know is Transcity Developers are good for investment?
Latest Answer: Madam if you wanna buy u can contact am planning to sell my registered property with Katha and taxes paid upto date call me on8660764938 thank you
Latest Answer: I think this is the only reason why they are borrowing for helping existing projects. As home sales have slowed down, investors are betting more on secure projects where they can see actual data in terms of project performance, sales etc.
Latest Answer: That is the main reason why environmentalists have welcomed this move. But real estate developers are saying that following the new rules should not pose any technical challenge but will increase the cost of construction. Who will make them understand they only think about the different sources to earn money.
Latest Answer: RBI repo rate policy will be very helpful in terms of availing bank loan with lower interest rates and EMI part will also make a difference if you choose long term repayment plan
Q:The real estate bill 2016 has caused a bother among builders who are concerned over tow key provision that could cause project delays and financial stress.
Latest Answer: Yes, i appreciate this move too kaushik. At present, in many cases developers delay the execution of conveyance deed for many yrs even after getting registration charges from home buyers. With this move, not any more developers will no longer be able to withhold the registration charges after its collection from allottees.
Q:During the initial change after the real estate regulatory bill comes to force, there will a liquidity issues for the real estate developers, particularly for the small players.
Latest Answer: Many promoters are also using RERA Compliant services to do their referrals legally.
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Latest Answer: It is also come to know that the joint venture had proposed development of 44 duplex apartments in two 65-storeys towers on the Glaxo plot. The company could not immediately go ahead as the Brihanmumbai Municipal Corporation had demanded a fee from Glaxo worth up to 50% of the value of the land sale, which was Rs 108 crore. But the Supreme Court later set aside the BMC's decision, making the way for the project to go ahead.
Q:Fair trade regulator CCI has rejected a complaint against real estate developer Omaxe and another company for indulging in unfair trade practices relating to a residential property.
Latest Answer: Hi all,
Charges of misuse of market impact were also levelled against Shanvi Estate Management Services that allegedly failed to maintain the residential complex. This company was appointed by Omaxe for maintaining the apartment complex.