Anuj Gupta, Mumbai
Q: The government has set a deadline of Feb 15 to resolve the issues blocking highway projects worth Rs 30000 crore, including fund crisis.

Latest Answer: For your knowledge, i would like to tell you that these projects relate to key national highways in Andhra Pradesh, Bihar, Haryana, Rajasthan, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Tamil Nadu, Uttarakhand and West Bengal.

Q: Can anybody provide me the garden facing price of Zen Atlantis by Hiranandani Builders in Powai?
Latest Answer: Hi Anuj, To get more details of this project click the link Hiranandani Zen Atlantis, Powai Or, To get best deal list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.

Q: Why most of real estate developers showing off names of foreign architect in their projects?
Latest Answer: Gud Evening Rajat, Supertechs Supernova, in Sector 94 Noida, it has been claimed in many advertisements that the project's architectural drawings have been done by famous British architect Benoy. Similarly, Tata Housing, campaigning for its residential project Myst that it has been designed by renowned architect Llewelyn Yeang. There are so many case like that all around the country.

Q: Is it really true that Mumbai's commercial real estate market has had one of the strongest comebacks in the last few quarters? Can anybody highlights the reason behind it?

Latest Answer: As per the realty expert surrounding areas would definitely experience a boom in terms of new offerings and price hikes, since developers' interest here has increased. Rates for both the commercial and residential market would increase, since properties in northern and central secondary business districts as well as the Bandra-Kurla Complex (BKC) Central Business District are the most preferred locations for investors.

Q: Hey, Can anybody tell me about the discount offers in Vaibhav Palghar, palghar, Mumbai?

Latest Answer: Hello Sir, Excellent area to appreciate in next 5 to 10 years time period. Better go for clear title land having good approach. Do consult certified property adviser before investing. Palghar is a good emerging location but investment there should be done with a long-term view.

Q: Hi, Good news for those who has agriculture land and wanted to be convert into non-agriculture land. The move that could help in boosting the development in Maharashtra to help in conversion of agricultural lands in cities and townships into no agriculture land has been simplified in a state cabinet meeting.
Latest Answer: Agricultural

Q: Hi, i was looking fro a second home and found this good...please advise the price?
Latest Answer: Hi, to get more information about the project you can click on Raj Shrushti, Vangani

Q: Hi, Want to know how many blocks and floors are there in this project, since I am thinking of booking a flat in this project.

Latest Answer: Hi Sunil, Want to know if there is 24 hrs water supply in the flats. What amenities is the builder providing? Do let me know about it. Has anybody booked a flat in Makwana Crown?

Q: Hello, how is this project for end use purpose? please update current price.

Latest Answer: Any idea as to what are the amenities that are provided and how is the locality?

Q: Hi, It seems that the developers and builders are creating the outdoors in gated residential complexes in Pune.

Latest Answer: Hey, Did you hear that a 700-acre mega township Nanded City where more than two hundred acres is going to be open to sky, earmarked for greenery. The project has proposed a boat club and an international styled riverside resort in addition to an adventure park, a health and nature cure centre, a horse-track, an eco park and more will add to the countryside flavor of development.

Q: Hi, Came to know about Green Acres Hill city in Thane. My doubt is whether these are flats or plots?

Latest Answer: Mr Suresh, Yes off course the plot are duly sanctioned and approved by TMC. Heard that many banks like SBI. Thane Sahakari Corporative bank, HDFC, and Corporation bank have approved for loans with this project.

Q: I am planning to book a 2 BHK flat in this project. Will somebody let me know if there is any water crisis in the apartments?? Is anybody on the same boat??
Latest Answer: Mr Sunil, Since I have booked a 2 BHK flat in this project 3 months back, got to know from the builder that the project is duly approved and sanctioned by CIDCO which is the main concerned authority in this region. If you are opting for loan then several leading major banks like HDFC, ICICI, SBI, Axis bank, IndiaBulls, LIC Housing Finance are financing the project.

Q: hi..was looking for projects in rohtak and came across this one....any idea about the builder and is it safe for investments..

Latest Answer: I heard that this is a township project.... any idea on what all amenities being provided and the area as well as the connectivity of this project... will it be good for end users?

Q: Hey has read about the Rs 735 crore fund that has been raised by IIFL. It says that it plans to invest in real estate. can anyone elaborate on this fund.

Latest Answer: what are the terms of this fund?

Q: Hi Please tell me about the location of the project ? Will it be good for investments ?

Latest Answer: KINDLY CALL ON 9930169485...FOR THE KALPATARU FLAT...SUDHIR

Q: What is the reason for the endless delay in Mumbai Metro Rail?

Latest Answer: Well Supratim, As per the current news, Rs12000 crore sanctioned for 40 km long Dahisar-Charkop-Bandra-Mankhurd Metro-2 corridor, Rs.12000 crore for 40 km long Wadala-Ghatkopar-Thane-Kasarvadavali Metro-4 via Wadala GPO and R.A.Kidwai Marg, Rs.8100 crore for 27 km long Dahisar East-Andheri East-Bandra East Metro-5 corridor and Rs.3300 crore for 11 km long Jogeshwari-Vikhroli Link Road Metro-6 corridor.

Q: What is the reason MHADA is increasing FSI for cessed buildings it acquired?

Latest Answer: I heard that the minister of state for housing said that there were different options being considered for redeveloping these cessed buildings. What are the different types?

Q: Why are shops in many malls being vacant?
Latest Answer: Many foreign brands are vacating their outlets in India and going back to their homeland. I think the business is going down nowadays. But I hope, in cities there is no such issue of less business because the malls are always full with buyers and retailers, though im not sure how many of them do actually buy stuff..

Q: I have heard that there are two mobile towers on a building in Sion. I stay in a nearby area.. What is the current scene now?

Latest Answer: Residents of the housing society claimed that the builder earns around Rs 8-10 lakh annually as rent from these two cell phone towers. The developers have to say that earlier the building did not have any specified Floor Space Index (FSI) and to recover the expenses for the Transfer of Development Rights (TDR) which costed around Rs 40-50 lakh, it was needed.

Q: Hi..i am an NRI..Need to take home loan for one of the project Indiabulls Real Estate. Can i get it..??

Latest Answer: Hi Anuj, If you are in the UK then you can avail a home loan from IndiaBulls Housing Finance from their office in London. Also if you are an NRI then I can give you a NRI special rate for the IndiaBulls property you are looking to buy. I am from Asset India based out of London and we are exclusively tied up with IndiaBulls to market their properties in the UK, Europe, Africa and USA. If you are interested, then please contact me on rsunder@assetindia.co.uk

Q: Hi..need details of Codename Blue Moon..i heard its open..i need to book as soon as possible.

Latest Answer: Hi Anuj..you can submit your completed applications between 18th to 27th January 2013. i heard that builder got a very good response. It is a very luxurious project in Mumbai. It offers 2,3 and 4 BHK units with size ranging between 1368 – 2286 sq ft .

Q: I am planning to book a flat in the city and will take a loan for the same purpose. Is it necessary to obtain a property insurance before taking a home loan?

Latest Answer: Hi All, It is very common practice of the sales representative now a days. They will forcing you to buy property insurance from them claiming it is mandatory as per RBI rules. Then certainly a question will come into your mind. Is that true and should I buy the property insurance from them or can I explore from the market also? So, don't worry. You don't need to take any property insurance.

Q: When expressway will be completed and once it is completed how much time we can save commuting to Vadodara from Mumbai?

Latest Answer: The Mumbai Vadodara expressway will be connected to Ahmadabad Vadodara express which is already offering a drive between the two states. It is said by one of the sources that Shatabdi express takes seven hours whereas the Expressway will take five hours drive. The project is expected to get completed by 2015 December.

Q: I am staying in a house in Chembur, Mumbai since 2010. Now immediately, I want to sell my house. So, I just wanted to know about the taxes that I would pay for selling my house.

Latest Answer: You owned your house since 2010, it means you have completed almost 1 year. As per the rule, if the holding period of your property is less than 3 years, you have to pay 20% tax on the gaining rate that you get after selling the property.

Q: The MACA has called a campaign against the autos drivers as they are causing a lot of problems by calling stikes every now and then. What will happen once the auto drivers stop calling strikes after this campaign?

Latest Answer: According to the sources it seem that the auto union felt that it was not the right way to protest, by bycotting auto the poor drivers will face loses as they live a hand to mouth existence. The auto union said that if the MACA is having any problem they could have registered with the RTO and give a complain against the driver. The Union member said that they are fighting for the welfare and MACA must not oppose.

Q: What they are going to do to fill the potholes of the bridge and how they are going to repair the bridges?

Latest Answer: It seems after receiving so many complains from the ministers and the people travelling everyday, the civic body is going to repair the potholes and bridge by using new pothole repair technology to fill the potholes even they can use new technology to repair the bridge but yet it has not been decided.

Q: I am planning to buy a property this Diwali. Can anyone help me out as how can I manage to get a good property in a good place with less investments and will it make any sense if I want to invest in it in future?

Latest Answer: I have bought a property recently and I have faced lot of problem so I would like to advice you that do not go for any builder because some of the builder will take money and run away. So it is better that you should go with reputed builders and secondly ask them for a proper payment links so that you know how your instalments are going in the financial departments, and then you should check the previous history of the builders as some of the builder will take the payment from the customer and will keep on delaying the project. The most important thing is that you should check the location where you are investing. Lastly do not buy properties and think that you will get the re-sale value for that as thousand of people are already sitting to sell their apartments.

Q: I want to buy an apartment which is owned by one of my friends. I heard that this apartment was mortgaged few years back. But, he says that now there is no issue related with this apartment. Is there any way to know whether the apartment is mortgaged?

Latest Answer: Make sure that your friend is having original sale agreement, allotment letter, and share certificate of the society with him. These are the major docs that indicates that the owner is having a mortgage-free apartment.

Q: I am a senior citizen and stay with my wife in a small flat in Mumbai. I recently heard about some housing scheme for senior citizens in Mumbai. Please update me on the same. Thanks.

Latest Answer: Maharashtra Housing And Area Development Authority will execute the housing scheme for senior citizens in Mumbai very soon. It is part of a plan by the state Govt for welfare of senior citizens. Housing complexes will help local police to keep a watch on the security of senior citizens. The scheme will be implemented after talks with groups who work for the welfare of senior citizens. The allotment will be based on lottery system or on economic criteria.

Q: I have heard a lot about futuristic homes. I want to build one but wanted to know how to start the venture. What are the features of futuristic homes?

Latest Answer: An FIR(Cr No: 14/2015,Section 420 & 506 RCPuram Police station, Medak district) is registered against Aliens group. few owners did agitation in media which was published in following newspapers. http://epaperbeta.timesofindia.com/Article.aspx?eid=31809&articlexml=Customers-accuse-real-estate-giant-Aliens-Group-of-15012015003029 http://www.greatandhra.com/politics/political-news/customers-accuse-real-estate-giant-aliens-group-of-cheating-63094.html http://epaper.namasthetelangaana.com/Details.aspx?id=262688&boxid=192125128 http://epaper.eenadu.net/svww_zoomart.php?Artname=20150105r_002102004&ileft=400&itop=135&zoomRatio=162&AN=20150105r_002102004 http://epaper.sakshi.com/apnews/Musheerabad/05012015/Details.aspx?id=2603886&boxid=25529782 The video of agitation against Aliens Developer can be found here: http://youtu.be/vaMHdWoVSt8

Q: Recently BMC has inaugurated the Veravali-Yari road underground water tunnel for more water supply in Mumbai city. But the scenario is opposite. Please throw some light what exactly is the problem concerned with the water supply.

Latest Answer: Brihanmumbai municipal corporation had installed the Veravali-Yari road underground water tunnel keeping in mind to provide adequate water supply to the city. But due to come technical problems it failed to deliver its promise of 12 hours of nonstop water supply. Also there was inadequate planning of the infrastructure by the administrations.

Q: I am a resident of Mumbai and commute by metro everyday to work. Recently I heard some controversies regarding Metro-II. Could you please elaborate what exactly happened?

Latest Answer: Thanks Ares!!!! At present, Mumbai has only a 40 mins distance, single line of metro from Ghatkopar to Versova. But the Development Authority has also accepted 2 new detailed projects, one for the 16.5 km Andheri East to Dahisar East Metro Corridor and the other for 18.6 km Dahisar to D.N. Nagar Metro Corridor.

Q: Are foreign citizens of Indian origin eligible to buy commercial properties in India?

Latest Answer: Reserve Bank of India has permitted buying of commercial properties other than agricultural land/farm house/plantation property to foreign citizens of Indian origin. Purchase consideration is can be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchasers' NRE/FCNR accounts maintained with banks in India.

Q: I want to get into real estate business but I'm confused about few terms like lease, leave, license agreement, etc. Could you please explain them to me? Thank you.

Latest Answer: A lease is a contractual agreement on immoveable property for the buyer to pay to the owner and use it for the time being. It is is defined under Section 105 of The Transfer of Property Act,1882. A stamp duty and registration fees has to be paid for lease deed. The stamp duty payable on lease is more than on Leave and Licence for a period upto three years. License agreement is a legally bound contract between owner and buyer to use a property for a capital. A licence is defined in Section 52 of the Indian Easement Act,1882.

Q: I am a resident of Ranchi. As the festive season is here, we see more and more problems on overflowing garbage, street dogs and other municipal problems. Is the Government looking into the matter?

Latest Answer: Ranchi Municipal Corporation has already got many complaints regarding the problems the residents of Ranchi are facing. Municipal authorities are to take immediate clearance action as the festive season is soon arriving. Street dogs menace is also taken care of. They are sterilizing the street dogs and concerned wing has been established by the government to catch hold of the street dogs in all the residential areas. Complete responsibility has been given to the city municipal corporation to clean the overflowing garbages all over the city. Additional labourers have been appointed to clean the city at the earliest.

Q: I am reading a lot about online mode of paying the power transmission bills in Noida. Please give some information about it.

Latest Answer: Online payment of bills have made life much easier and the residents of Noida fancy the same.There has been increase in number of online payers and the number has seen a drastic increase from hundreds to thousands in number.The residents feel online payment mode is time saving, also can be done from anywhere which does not expects physical presence. The present real time payment has reduced the burden of the residents over the late or delayed payment issues.

Q: I am a resident of Jharkhand. Whom should I complaint about the frequest power cuts, condition of roads, potholes and the maintainence of the town?

Latest Answer: If your town lacks the basic infrastructure then you can speak to government concerned authorities to improve the prevailing infrastructure. The deputy commissioner-cum-DDC of your town might help in listening your problems. Serious action can be taken against the Public Work Department (PWD) and the Municipal Authority of your town.

Q: I am planning to buy an apartment in Mumbai. I just wanted to know what does a furnished apartment consist of?

Latest Answer: Some of the reputed builders of furnished apartments in Mumbai are The Lotus Suites, Taj Wellington Mews Luxury Residences, Best Western - The Emerald, Grand Hyatt Residences, Oritel Service Apartments, and Sutra d' Onyx.

Q: I stay in a rented apartment in Mumbai. Recently I found some pests in my apartment. I told my owners about the problem. To my surprise they asked me to move out from my apartment for a few days till they solve the problem. Aren't they supposed to give me a temporary place to live. Where should I supposed to go when I have no one in the city? Please advice me on this.

Latest Answer: I understand your problem. Please speak to your owners about it and make them understand about your problem. You can also go through your rental agreement if clause based on the same is given. I feel a temporary provision should be given if you live on your own. You can speak to other residents of the apartment or take any legal help if needed.

Q: When will the Real Estate Regulation Bill to be passed? Will it provide any relaxation to a common man?

Latest Answer: But decision is yet to come Bikram.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.

Q: I need to transfer a land to one of my relatives. What will be the stamp duty and registration fees for the property in Thane?

Latest Answer: Stamp duty and registration fees differs for residential property and commercial property. It also differs for sale and rental purpose. For sales transfer it is 5% of the agreement value or circle rate value, whichever is higher, but for rental purpose, residents having value less than 5 lakhs, a concession of about 2 % is applied. Exact values can be obtained from the sub-registrar's office of the region.

Q: It's an annoying situation for us from a long time, as we are using unhealthy roads in our daily life. We are just waiting for the bumpy roads to be smooth. This unhealthy roads are often raising the traffic issues. I just wanted to know whether the BMC will take any step to clear this issue or not.

Latest Answer: Recently, Mumbai Metropolitan Region Development Authority (MMRDA) has bid orders to repair the roads in Mumbai city. It has decided to repair the roads by spending around Rs. 600 crores. Apart from the city roads, the highway roads are also taken under consideration. If the project is successful, then it will definitely solve the related traffic issues.

Q: Hi, I am new to Bangalore real estate and looking to invest in property in Bangalore. Is global recession or any recession to hit real estate sector in India? what is your opinion and when is best timing to invest in property?

Latest Answer: Bangalore real estate is booming and one of the safest real estate destination in Bangalore. There is no recession seen here and demand for property is increasing and by next month demand will increase more due to festival season where developers offers good discount. If you planning to buy a property, now is best time to invest.
Thank you.

Q: I'm residing in Bhubaneswar, Odisha and few days back there was a mild earthquake. The city was safe, but my question is what we will do if a high density earthquake affects our home and property. Will the government pay for the loss or buy a new house for us?

Latest Answer: According to report, only 2% of India’s homes have been insured to protect themselves over the natural calamities. Bankers are encouraging the house owners to have house insurance policies. It's better to insure your house so that you can get a return after any natural disaster.

Q: I have rented a flat recently in Mumbai. Some days back I read about low cost rental housing scheme and they provide rent to low income group. What is low cost rental housing scheme? I heard it is coming up in Mumbai.

Latest Answer: Low cost rental housing scheme of accommodation is for poorer sections of society who needed to stay in a city and were not able to pay high rents. Yes this scheme will be started soon in Mumbai by Mumbai Metropolitan Region Development Authority. The total number of tenements to be built is around 5 lakh units.

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