Q:
I am planning to buy a flat in Kolkata and for this I started searching good builder and project, but due to somehow I am confused that what factor should I check to search good builder's track record?
Latest Answer: @ Anil,
Financial health provides you a clarity about whether the builder has faced any crunch in completing past projects or not. If there has been any case of funding issue, then probably the builder is not the best one to go for. In such cases you can identify the weaknesses, assess the overall credibility and make your final call. You can find details regarding the financial health of a builder on the company website and assess whether the builder would be able to the project deadline or not.
Q:
Will Kolkata manifest housing demand in the current market situation?
Latest Answer: People residing nearby this say that the average capital values in this area ranges from Rs 3800 to 5100 per sq ft. A 2BHK apartment is available within a price bracket of Rs 25 to 50 lakh in sizes from 800 to 1000 sq ft. For a 3BHK apartment sized 1200 to 1700 sq ft, the price range would vary between Rs 50 lakh to Rs 1.5 crore. Villas and residential houses available have 2 and 3BHK unit configuration.
Q:
Hi, I am planning to invest in Residential Plots @ Salt Lake, Kolkata? Please suggest new biz plan for Salt Lake residential plots.
Latest Answer: Hi, With IT hub being a certain positive factor, there is likely to be an influx of a large number of working professionals which makes even renting out the apartment quite a lucrative option. That is unless you are buying the flat for your own residence. As of today the rental prices for the residential 2 BHk range between Rs 10000 to Rs 20000. The long-term prospects of Salt Lake are great.
Q:
Which are the localities offering highest rental returns in Kolkata?
Latest Answer: Thank you friends for your valuable inputs.. Yes I also think that the rental market in Kolkata is upbeat.Jadavpur is showing tremendous growth in rental market due to proximity to the business hub of Sector V and closure to educational institutions.
Q:
Hello, What is happening with the Kochi Town Hall? I heard a while back that it is going to be refurbished. Do you have any idea whether it has happened yet?
Latest Answer: So a total of Rs. 2.70 have been spent on the town hall to make it the right symbol of the city of kochi. And it has for the first time made its way to get a really good renovation on its part.
Q:
Hi..what are the revised Stamp and registration charges in Orissa ?
Latest Answer: what are the stamp duty and registration charges for registered aggrement
Q:
Which all units are available ?? Can you share the price details and size quoted for it ?
Q:
Hey Is it right time to do investment in Hyderabad. Kindly discuss on this news and let me know.
Latest Answer: Hi All, Planning to invest in Hyderabad so please help me which zone or locality will be good from investment point of view.
Q:
Hi I am looking for 2bhk. Please let me know about this project and price details.
Latest Answer: Hello, you can follow this link for your requirements
KJMR Residency, Bangalore
OR
Kindly call on the toll free number (1800) (180) (180) (180) Or You can
Post your Requirements to get matching properties details on your Email and Mobile.
Q:
Is the project approved ? Which all banks have approvals for home loans in this project ?
Latest Answer: It is located in Rajarhat, Basina..It has 4 blocks with 22 floors. So far I didn't hear any bad review about the project..It will give good returns in future.
Q:
Let’s start with the list of top and the most reliable builders in Kolkata?
Latest Answer: Yes, Godrej group is very good. But if you have plans then book it as soon as possible because when i enquired about this project all the flats were almost booked.
Q:
Any latest news about kolkata metro..??
Latest Answer: Hi Anil...there is an increase in the railway fees across whole country but there is no increase in the fare of Kolkata .Officials were expecting a fare hike . Moreover Kolkata metro fare has not been revised since last ten years .
Q:
What does the Chairperson of Trinoomal Congress mean when she said no realtors and developers are allowed in the party and what is expected from her partymen?
Latest Answer: According to the sources, it is said that the Trinamool Congress chairperson made it very clear in one of the meeting held at Netaji Indoor Stadium, Kolkata that the supporters who are developers or realtors should not hold politics in the party. She explained what she expects from her party men and she even said that the Trinamool Congress has reached in this height because of honesty and sacrifies done by the partymen.
Q:
I am planing to shift in Kolkata and heard that Kolkata is going to change its look. So I am very excited to know what are the changes going to happen in the Kolkata city?
Latest Answer: The government has taken the decision to make the area look more bright, clean, full of greenary and artistic as everyone knows that Kolkata is famous for its creativity. The roads will be decorated, steet lights will be replace with better illumination, traffic stands will be modified. It will be a very tough job to do but the government has appointed beauticians for the project which they named as Holistic project. The civic body do have ambitions plans and we residents will be happy if it get implemented.
Q:
My close friends have suggested me to invest in real estate, but I am very new to this field. What are the advantages I will get if I invest in real estate segment?
Latest Answer: A investor like you who has thought for his future can get many advantages by investing in real estate sector. You can save up to 100% of income tax payable related to real estate buying and selling. You can reduce tax liability through co ownership of a property. Rate of income tax can be cut down if a property is bought by co owners.
Q:
I have heard that buying property during Diwali, the developers give huge discounts or some freesbies, does all the builders give discount? What are the offers they are giving? Is it a good idea to invest in properties during festival season?
Latest Answer: Hi, I would like to highlights few more points which is helpful for this prospective buyer.Diwali season is typically the time when banks reduce the interest on home loans to support home buying. This year, RBI reduced interest rates to a four-year low which has changed the consumer sentiments for the better. The RBI's move is expected to reduce the EMI of a home loan borrower by 8-10 per cent.
Q:
Is it so that the power cut in Kolkata will still continue? I heard that the West Bengal Power Development Corporation will soon prepare a schedule of load shedding in the district so that the people will get to know when they will except load shedding in their area. Why it is so why they are not able to supply proper power to Kolkata?
Latest Answer: The Kolkatans are suffering a lot with the power cut problem in the city, large parts of the city like Shayambazar, Ballygunge, Nagerbazar, Tollygunge are suffering more with the powercut for almost an hour or two an a half hour, the powercut is driving the people mad. The state faced a huge short fall after the puja. West Bengal Power Development Corporation will soon provide the loadshedding roaster so that the consumers are prepared for the power cut. The West Bengal Power Development Corporation is not able to supply proper power because the power utilities are going undser several power crunch as the government refuse to revise the tariff as the price of coal hiked.
Q:
I heard that Deshapriya park in Kolkata which was known for its greenary is now loosing its greenary. Why the West Bengal Forest Department is not taking any action against the removing of the full grown trees from the park? Why the Kolkata Municipal Corporation is uprooting the trees, what is the reason that they have to uproot trees?
Latest Answer: I reside in Kolkata, in Ballygunge and Deshapriya park is very near to my place it is true that the park is loosing its greenary in the name of develpment, Kolkata Municipal Corporation itself is uprooting the trees from the park for the construction of a restaurant, with a pay and use toilet, and sculptors of the martyrs and the constuction was sanctioned by Trinamool Congress MP Mamata Banerjee. The resident of that area and the green activists protested against uprooting any more trees because transplantation of trees wont work. The civic activists they did not pay any heed to our suggestions and they have moved ahead by uprooting the trees.
Q:
Is it possible to decorate the interior of the house with green plants which can be both useful, health and we can also decorate the interiors with those plants so that the apartment can give an eco friendly look and moreover the interior decoration should also look unique?
Latest Answer: We can use our balcony and decorate it with green plants so that it will look more green and organic, we can use evergreen plants which remains green for the whole year and which make your house soothing, colourful, refreshing and can be used as alternative purpose. We can plant health herbs like oregano, mint, red vine spinaches, aloe vera, curry leaves. We just have to spare an hour with those plants for watering and trimming them and nothing else.
Q:
I bought a flat in 2008 and took a loan from a renowned bank. But due to hike in interest rates, I am planning to shift to another bank with lower rates. They did not mention anything in writing about pre closure penalty but now they are asking for 2% as penalty. What do you suggest?
Latest Answer: National Housing Bank has stated recently that housing finance companies should not charge pre-payment penalty on pre-closure of housing loans in case of certain matters. NHB also said that floating interest rate home loan can be pre-closed by borrowing from a bank while fixed interest rate home loan can be pre-closed only from the borrower's own sources.
Q:
I am planning to buy a property near Kolkata. As there is so much pollution problem in the city, I will buy it in the outskirts of the city. How can I bring nature or eco friendly measures to my new home?
Latest Answer: You can do many things on your own. You can start with windows which let in fresh air. Huge open windows might let in polluted air, dense with dust particles but the solution is in using a thin wire mesh in filtering the air that comes in through the windows.You can plant bonsai plants inside the house which consumes less space and also money plant which makes a charming pattern on walls.You can create an artificial mini waterfall, the soothing sounds would be a welcome therapy after a hard and long day at work. Clean the house with natural cleansing agent like neem leaves and avoid using chemical cleaners. Replace iron or metal furnitures with cane and bamboo ones. Use light coloured cotton fabrics as your bolsters, curtains, pillowcases, table cloth, etc.
You can read more at
http://www.commonfloor.com/stories/bring-nature-into-your-dream-home-8362
Q:
If I apply for home loan, how much housing loan can I get?
Latest Answer: For monthly income of Rs 10, 000 to Rs. 14,999, you will get 40% of the income as loan. Similarly for Rs 15, 000 to Rs 19,999: 45%. For Rs 20,000 and above: 50% . It will be given as per your income and your capability of paying back.
Q:
I want to know what would be DLF's next step towards clearing their debts of such a huge amount?
Latest Answer: Yes,DLF has aimed to become debt free very soon and for this they have almost doubled its fund raising targets as well as have made list to sell those assests that doesnt make any profit. It has also planned to sell few of its land parcels from different areas.
Q:
I want to buy a property in my native hometown,Bhopal. I want to apply for home loan for the same. How do I apply for a Home Loan? Please help.
Latest Answer: First approach a bank of your choice with the latest income details or salary slips of past two year. The bank officer will advice you on how much loan you are eligible of, the flats or areas the bank give loans for and the terms and conditions.Fill in the loan application form and submit the related documents needed. Visit more than one banks to get best deals. After submitting the documents, they will then interview you on the same. After conducting an appraisal of your application, the bank will give an in-principle sanction of your loan. You now have to submit your property documents, which should show a clear title. The bank will check these and levy an administrative fee (around 1%). It will then disburse the loan, either fully or in installments, directly to the builder/ seller of the flat.
Q:
I have a great belief on Vaastu. Does the Earth's polarity affect Vaastu in anyway?
Latest Answer: According to some Vaastu experts, the shift could have a huge impact to mostly everyone.
“The Earth's magnetic pole has nothing to do with where north is. North is defined by the direction the rotational axis of Earth points. This also is changing slowly, but this does not affect directions on Earth. The magnetic axis defines where compasses point, but even that is influenced by bodies of iron in the Earth, so that the local compass deviation varies from place to place. Earth's magnetic poles have always drifted around, so this is nothing new.”
The Earth’s magnetic poles shift all the time, but an application with precaution is needed.
vastuhub (dot) com
Q:
What are the required documents for getting a home loan?
Latest Answer: Hi, appreciate your request, For NRIs following documents is required:
1 KYC Documents
2 Salary slips for the last 3 months/Salary certificate
3 Passport copy with valid residence visa page
4 Work Permit/Labour contract copy/Photocopy of Identity card or any other proof of work/employment issued by concerned government authorities
5 Property related documents, detailed cost estimates from an Architect/Engineer (from India)
6 Processing fee cheque drawn on the applicant’s bank in India or draft payable at the place where the application will be processed
7 Copy of all overseas bank statements for the last 6 months, if any
8 Copy of NRE/NRO bank statement of the last 6 months
9 Power of Attorney (POA) if applicant is not available in India for signing documents
Q:
Is it necessary for insuring New Apartments?
Latest Answer: The insurance for the apartment needs to be done individually by the owners irrespective of the placement of the flat in the apartment and it is is done only with the consideration of the built-up-area and the construction costs.Insurance over the apartment would help any owner to get safe guarded from natural calamities like flood and earthquakes.
Q:
Hi, I want to live in a neat and clean environment. Literally, I want to make my environment pure and completely free from waste materials. Suggest me some good ways, so that I can bring a waste-free environment in my locality.
Latest Answer: First of all you need to concentrate on how to remove the non-biodegradable waste out of your locality. As an individual, first you need to dump the waste materials collected from your house into a bag and put it at your nearest locality dustbin. You should aware your locality people about this process. All the residents staying at apartments and bungalows should put their waste stuffs in a separate container rather throwing it here and there. Then they should dump it in a place which has been allotted for them.
Q:
My colleagues advised me that the lal doara area is under dispute and under court consideration. I would like to know about investing in lal doara in Mahauli. How safe is to invest in lal doara in Mahauli area?
Latest Answer: Sorry I don't have an idea of any legal dispute but Mahuli a Village in Koraon Mandal , Allahabad District , Uttar Pradesh State is located 67.1 km distance from its District Main City Allahabad . It is located 246 km distance from its State Main City Lucknow . As away from City real estate demand is low or less compare to Allahabad.
Q:
I have a property in Kolkata. I want to transfer it to my younger sister and her husband as gift deed. Is the gift deed needs to be registered for property transfer? If yes, what is the stamp duty that I have to pay to get it registered?
Latest Answer: I own a flat at Kolkata. Wish to transfer it on my son's name through a transfer deed. What is the best way to do or is there any other method. If so tax and other legal implications?
