Q:
while I am looking 2BHK unit in Shastri Nagar for investment puropse.please let me know is it good option and what will me the return that i am expecting?
Latest Answer: can any one provide me the ongoing price trends in Shastri Nagar?
Q:
Hey, Discuss about the DDA s plan to build around 4500 flats for the elderly
Latest Answer: Hey, Due care needs to be take while building and hope DDA will have toilets and kitchens with hand-rails, and the floors should be well- lit so that the elderly can walk about at night without getting hurt. it also should be within a affordable range otherwise the purpose will be lost
Q:
hi I have heard the news that real estate sector is going down and in spite of rising in the festival season, its going down?
Latest Answer: Hey people but there are developers who are not disappointed about this fall! According to DLF they did not expect any big sales in the festive season. People are busy, even we are busy with family engagements. So, there is less of movement in the business.
Q:
How about the appreciation of the project???
Latest Answer: sanjay ji at the time of possesion aprox 45 00
Q:
Is the news true that 1400 colonies are getting regularized??
Latest Answer: This was a long term issue right?? The colonies were to have 50% built-up area as on 2007 to get a
legal tag. With the relaxation of norms, the state is hopeful of
highlighting almost 1,400 colonies as regularized before the model code
of conduct for the assembly polls in declared.
Q:
How come there is one more Delhi hut coming up in Delhi, kindly update me with the news
Latest Answer: True, letc what Government has to do!!! the prices of real estate is growing and constructions in Delhi are also increasing with no time, this might also effect the price for properties in Delhi, near the place where Delhi Hut is going to come up
Q:
What are the regulation for green approval high rise buildings?
Latest Answer: Considering the safety measures required for high rise buildings and the increase of traffic within cities, the provisions were introduced.
Q:
Hi .. please give me details of this project.
Q:
Hi, got the news that the real estate bill has been approved by the cabinet. What will be its impact? Will it bring transparency and regularity to our Real Estate Industry?
Latest Answer: After the bill is passed how much we have to pay at the time booking and if the project gets delay will the home buyers get any compensation?
Q:
Planing to buy in Gurgaon,will property price go down?
Latest Answer: Hi Guys,
It is also heard that, honorable administrator Anita Yadav, in her letter sent to chief administrator Brijendra Singh, declared that after the initial assignment of residential sectors by HUDA, an enormous amount/expenses was brought about for maintenance of public utilities like roads, sanitation, water supply as well as sewerage services.
Q:
What is the difference between this two
Latest Answer: EMI is an unequal combination of the principal and interest.
Q:
What was the procedure we were practicing and due to this e stamping what are the changes that will take place?
Latest Answer: I am glad that i would buy a plot next year, and work will be easy thanks to Haryana Govt.
Q:
Is this true that Delhi govt is demolsihing illegal housing?
Latest Answer: Hey Indu,the thing is both the ways, yes goverement is taking us seriously and also the question of election is coming up. The positive point is, we will be oblifged wth good infrastructure and few civic problem of our might get solved.
Q:
Buying a property in full cash or taking a loan. What is a
better option? I am planning to invest Rs. 30 lakh in NCR region.
Latest Answer: It also depend on which builder you are choosing and what is the down payment they want. You need to do a market study before deciding.
Q:
My friend want to shift from Mumbai to Delhi, according to his job location i have suggested him to shift to Golf course road, Gurgaon,How is the area? what are price rates?
Q:
What is the procedure of getting a home loan to buy a
residential plot in Bhiwari?
Latest Answer: I want to know if there is any residential project coming in or not. Can anyone help?
Q:
Why the fraud property cases in gurgaon rising up? Why is Goverement not checking it?
Latest Answer: Beacause there are no properr measure taken by the builder as well as by the buyers. But recently news came that builder have to go through few strict regulations.Properties which have no mortgage or the owner lives abroad are being targetted. Fraudsters try to forge the actual documents or impersonating as the registered owner and attempt to acquire the ownership of the property.
Q:
Is there any news of real estate bill or new banking norms? I am looking for investment so need to know the recent updates of banks rules and regulation.
Latest Answer: yes there was a lates news that the real estate companies and the broking firms to set up their own banks as adequate safeguard will be there to prevent the exposure of the promoters to the related entities. but no new rules in perfect term. Are you are investor ?
Q:
Which are the best sector in greater noida to live and also invest for porperty? Wich are the builders who have come up with their projects?
Latest Answer: Hi Sanjay,
As per my knowledge, Pari Chowk is one of the best prime location in Greater Noida. Pari Chowk is the fastest upcoming area in NCR and prime location. This area has already become a hub in Greater Noida with residential societies and commercial malls getting operational. Connectivity with Noida is excellent.
Q:
Hi, I am looking to buy a ready to move in residential project on Noida expressway. Please suggest me good projects.
Q:
What are the price range for Gaur city project for villas. What are the floor plans and which bank have provided the approval for the project.
Latest Answer: Please Contact the Dealers & Take a Discuusion About Property.
Q:
I am bachelor, looking for 1 bhk in Prithviraj Ln, Khan Market, New Delhi. My only concern is the deposite should be less. Kindly help me with good options.
Latest Answer: Hi Sanjay , Prithviraj Ln, Khan Market, New Delhi is very expensive area. Its more of commercial area than of residential area. There are private and goverement residential areas including Golf Links, Lodhi Estate, Shahjahan Road, Pandara Road, Rabindra Nagar and Sujan Singh Park near by Khan Market. You can also check out
Apartments for rent in Delhi for better options.
Q:
Hi am leaving India within 9 months. I have a villa which is situated in south extension delhi, i want to sell any one interested?
Latest Answer: Can you mention the specification of your villa and what rates you are looking at!
Q:
I have my ancestor's properties in noida expressway, want to sell them. Want to know the recent rates and is it a good choice to sell the land to some good developer or to individual?
Latest Answer: Hi Sanjay in which particluar area you have your plots ? It depends on how much area you have and what is your demand for price. Can you be specific about the area ?
Q:
According to the latest news, there are lot of foreign retail industry who are interested in Indian retail market. Will this increase the price of Indian real estate properties ?
Latest Answer: Hi Sanjay , are you talking about the entrance of FDI in the economy..yes there are chances that the rates of the projects might displace from its recent place. Any specification of any particular project you are talking about?
Q:
On Sunday on New Year's Day hundreds of commuters were stranded at the Rajiv Chowk station. Can anybody tell why this was happened?
Latest Answer: Oh you are talking about this Sunday, it is technical snag that has left Metro passengers in the lurch and you know it is the second time in the past one month happening. This time it is due to a problem in the Over-Head Electrification (OHE).
Q:
Recently the traffic department passed an order that will be violating traffic rules will fined, then why the department has again hiked the fine amount. Is it to burden the commuters?
Latest Answer: @Sanjay , in a recent survey it it found that 10 percent of the accident and cases are only because of jumping the read light by commuters. Now the residents should understand as why the traffic department has hiked the fine amount and made it mandatory for the violators. Mainly accidents are happening in Tilak Marg circle, Parliament Street and Chanakyapuri in Delhi. To avoid more accidents in the city the department is now in a survey detecting major accident prone zones to install signals.
Q:
I had purchased a flat in 2010 April and the developers ensured that the possession will be by October 2010 but till date the possession is not being offered. Now the developers are giving some or the other excuses. What legal action can be taken against the developers?
Latest Answer: I would advice you to first go through the agreement when it was executed. then discuss with the developer and ask him to give a written in black and white. If he denies then think about taking legal actions against the builder.
Q:
Did the Delhi Traffic Police thought anything about how to reduce the traffic chaos?
Latest Answer: Still now the same traffic chaos is there but to put an end to this problem the traffic police is soon going to launch a special drive. If anyone jumps the traffic the police will note down the number and pass it to every department and during night time and dangerous driving you will end up with a fine of Rs 1000.
Q:
It came to my notice that the Delhi Government has come up with a new scheme in real estate sector. What is the new scheme?
Latest Answer: The Government has introduced a new scheme of ultra mega road projects. The realty firms who accept these order will be availed to develop real estate project alongside the stretches. The project will be counted as a key ingredient to pave way for positive development in real estate sector.
Q:
What is the reason that the DLF group has offer more 500 plots in Chandigarh?
Latest Answer: Recently DLF has launched a project in Mullanpur Chandigarh comprises of 800 plots which was sold within a matter of days of launch. After the good response from the investor they planned to launch more 500 plots measuring 350 to 500 square yards. DLF group seems to be doing good in realty sector.
Q:
Why has the traffic police banned the use of high beam lights in Delhi?
Latest Answer: In a recent survey it is found that driving with high beam light poses danger to the people coming from the opposite direction.
Q:
Why are they going to use agricultural lands for residential and commercial purpose?
Latest Answer: Delhi city is facing shortage of land for residential as well as commercial purpose. So while framing the Delhi Master plan 2021 the urban development ministry has affirmed that agricultural land has to be used for the developing projects.
Q:
Why is the authority not going to seal the illegal buildings of Delhi?
Latest Answer: The Lok Sabha granted a grace period of three more years to the Delhiites who are staying in illegal and unauthorized buildings.
Q:
Why are the road projects getting delayed in Delhi?
Latest Answer: The major problem that the road work is getting delayed is because of land acquisition. Currently around 58 National Highway Development projects are on halt.
Q:
Which is the best place in Delhi NCR region to invest with respect to short and mid term (2-4 yrs)?
Latest Answer: I feel among all the sectors in Noida, sector 18 and sector 32 will bring more appreciation in future because of the development of the commercial hubs.
Q:
How many buildings got collapsed in the city? What can the reason?
Latest Answer: According to experts, it is found that around 18 buildings collapsed this year. The Municipal Corporation of Delhi indentified many old buildings that are in dilapidated condition.
Q:
The MCD officials has proposed to rise the property tax. Will there be hike in property tax or other charges will also be hiked?
Latest Answer: There is possibility of increase in property charges, parking charges, street parking charges and conservancy charges.
Q:
The Delhi government has introduced online property registration fees. Has the new technology already started or yet to start.
Latest Answer: As far as I know the government had already started with online property registration fees at Rohini and Mehrauli.They are planning to start 11 more sub-registrar offices in the city.
Q:
The circle rates is introduced to assess the stamp duty for registration of land. From where the people will come to know about the revised rates for registration of land?
Latest Answer: Circle rates is the minimum value of any piece of land or immovable property for registration. The introduction of new circle rates in Himachal Pradesh is only for benefit of property buyers or sellers. At present, the rates for registration of land deals are worked out every month and people have to go to the Patwari (revenue official) for getting the rates, which caused lot of inconvenience and the new system would provide relief to people and this will be revised once a year.
Q:
Is it true that municipal corporation is planning to redevelop Delhi? What are the areas that are getting redeveloped?
Latest Answer: Yes it is true that the civic body is planning to redevelop the city. The Municipal Corporation is going to redevelop the areas like walled city, karol bagh and walled city and extension.
Q:
Where did the incident take place and was anybody injured? What is the reason that the building got collapsed?
Latest Answer: The incident took place near Uttam Nagar Metro Station and three person where injured in the incident. The building collapsed when the foundation for another upcoming buildings was being laid.
Q:
Why is the metro work getting delayed in Jaipur? What is the reason behind that?
Latest Answer: According to sources, the delay in metro work is due to the delay in land transfer and land acquisition.
Q:
What is the status of the demolition drive in Sainik farms?
Latest Answer: The drive has been put on halt because lack of police force led to postpone the demolition drive.
Q:
How MCD Delhi increase their revenue from Delhi property tax? Will property owners be able to pay the tax without any burden?
Latest Answer: The cash-strapped Municipal Corporation of Delhi (MCD) is planning to impose education cess on property tax. Once the proposal is cleared in principal, the exact percentage which residents will have to be paid will be decided.
Q:
Can anyone help me out with the builders floor price at Green Park, Hauz khas, Gulmohar Park and Neeti Bagh?
Latest Answer: I can help you out with Neeti Bagh and Green Park as my friends have booked flats over there. At Neeti Bagh the price ranges from Rs 8crore to Rs 19 crore and at Green Park the price ranges from Rs 8 crore to Rs 12 crore.
Q:
The government has already sealed the flats because of excess FAR then why are they again de-sealing the flats.
Latest Answer: Many flat owners went to the High Court with a request to de-seal their flats after that MCD passed an order to de-seal the flats but directed the company not to hand over the flats to the owner without the permission from the High Court and Ministry of Urban Development.
Q:
Is it mandatory to register for a Lease and License? What are the implication if at all it is not registered?
Latest Answer: Court does not believe in verbal communication so it is essential and mandatory for both the parties to do the registration otherwise it becomes difficult for both to prove the terms and conditions.
Q:
I had taken a home loan on a property and still there is some outstanding amount to be paid. Can I sell the property in this case?
Latest Answer: If the buyer wants to take a loan to purchase the property then it is much easier if he approaches the same bank. Then the lender does not need to release the title papers to another lender before getting the payment.If the buyer wants to make an outright payment- he can make the payment out to the bank directly based on the consent letter. And the balance amount will be paid to you. The property papers will be released only after the bank has recovered the entire amount including prepayment charges.
Q:
Is it true that the price of the properties is going to fall? Why is it so?
Latest Answer: According to experts, it is said that there is a big drop in sales and cash crunch for realtors. At present the realty market is over heated and the sales has gone down drastically in Delhi and Mumbai. Buyers are anticipating the prices to go down further.
Q:
I heard that the circle rates on property price are increasing in Delhi-NCR. What is a circle rate?
Latest Answer: According to experts, the circle rates are decided by the State Revenue Ministry. It is the minimum rate for valuation of a plot, flats or independent house in a particular area or locality. The circle rates differ for various categories of colonies. The sale or purchase of property in a particular area is finalized considering the available infrastructure.
Q:
Hi I am Sanjay and I have booked a flat in Indirapuram and waiting for the completion of the project. One of my friend's said that the builders keep on delaying from the expected date of the possession. Why is it so? What is the reason that the builders are not able to give the delivery on time?
Latest Answer: Hi Sanjay, this is not only happening in your city but in other cities too. I am from Bangalore. Even I booked an apartment and it got completed only 11 months after the expected date of possession. The reason is that first of all the builders handle a lot of projects together, secondly they do not have money to finish the project and third the price of the materials required for construction are shooting up because of which we the property buyers suffer.
Q:
35 residential properties in South Extension, Delhi has been asked by MCD to vacate. What is the reason? Is there any consequences to other properties?
Latest Answer: Municipal Corporation of Delhi has asked to vacate 35 residential properties as they were illegal and they will be sealed in next few days. Resident Welfare Association of South Extension had filed a PIL in 2001 seeking action against the illegal structures. These properties were not regularized as well as they have broken laws. The other properties won't face any consequence as long as they are regularised.
Q:
I want to know what will be the impact of Delhi-Mumbai Industrial Corridor on the real estate in the next upcoming years.
Latest Answer: Delhi-Mumbai Industrial Corridor's high speed connectivity has offered extreme opportunities for the developers. The mission and vision for the DMIC is to create strong base in the band with globally competative environment and infrastructure to enhance foreign investments and real estate inverstment.
Q:
I had purchased a 3BHK flat in Supertech Livingstone 3 years back but now I want to buy a property in Gurgaon for living for which I need money. What should I do?
Latest Answer: The selling price of your 3BHk flat will cost around 50-52 lakhs, so it is good idea of sell the property and buy a new property at Gurgaon new sector or Dwarka expressway.
Q:
As I am shifting from Bangalore to Delhi-NCR, one of my friends suggested that I should insure all the goods that have the probabilty to break while loading or unloading in the truck or it can get damage till it reaches the final destination. Is that a good idea?
Latest Answer: There are insurance companies as well as relocators which provide insurance to the goods you may damage while moving. It totally depends on one's personal decision whether to take insurace or not. The goods are bound to get damage as the goods will travel more then 1000kms in India road so it is better to go for an insurance.
Q:
What is an open space? I feel it is not in use much. Could you elaborate more on it, so that I can implement it in my flat?
Latest Answer: Open space is the extended floor plan which can be added to the existing floor plan. It means the place which is eaten up by a wall can be used for other functions. You can consult an architect and remove the wall which is least needed. You can also remove doors to make two rooms into one. Add more windows and natural light to make room look more spacious and use less furniture to make it look less cluttered.
Q:
When the people of Delhi-NCR have come over the recent power problem, then why again there will be power cut as I heard. What is the reason behind this?
Latest Answer: It is said that the road widening at Wazidabad Road will cause major damage to the under ground cables which can cause power cut and water shortage. The people are going to face again the traffic jam, road block and heavy rainfall has been predicted. The PWD is going to bring a huge amount of loss. The DERC are asked to collect the penalty from the agency who are going to undertake the project for widening the roads.
Q:
I am staying here in a 1bhk flat and was planning to buy a second house as my family is going to shift to Delhi very soon. So I want to give my first house for rent but I am worried about the tax implications. Please advice what to do.
Latest Answer: The experts says that it is always better to buy a second house. Apart from financial commitment the second property can mean a lot in terms of tax and loan implications. The rental incoming coming from your first house will be considered a business income and would have to be considered while computing income tax.
Q:
I heard that the Comptroller and Auditor General is going to examine the sanitation and the drinking water. Will it do the needful for the people of Delhi-NCR?
Latest Answer: The Comptroller and the Auditor General were asked to take the initiative for the development and ensure that the work is transparent. The State Government alos announced that the residents facing problems regarding improper water supply, sanitation and other related issues are going to be solved very soon. The residents are gladly waiting for the government and the CAG decisions.
Q:
The New Delhi Municipal Corporation observed that the builder are taking advantage of the land owned by the government. Even the civic body has warned the building regarding this matter but that time the builders did not pay any heed.
Latest Answer: The New Delhi Municipal Corporation has taken the case to Supreme Courtand after hearing the situation. The Supreme Court has appointed civic officials and asked to do a thorough check up about the land . After the inspection the officials said that there is no other way but to demolish the buildings.
Q:
There was a real estate club meeting organised in Delhi recently. What were the topics that were discussed?
Latest Answer: Yes, a real estate club meeting was held recently. The top officials of NDMC, HDFC and realtors were present as expert panel. The meeting was held basically to answer the queries of the people holding heavy properties. There were queries about home loans, water and electricity status in apartments, value of properties, appreciation rates, etc.
Q:
I heard that the government is not doing anything with the power supply problem in Delhi-NCR but only increasing the rates of the power tarrif. Can the RWAs and other organisations help the people of Delhi-NCR?
Latest Answer: The BJP leader is protesting against the hike in the tarrif and he is asking help from Residential Welfare Association and the Non Government Organisations to come forward and join hands with him. The government is not doing anything about the load-sheding problems faced by the residents of Delhi-NCR but contineously increasing the rates. Volunteers from RWA and other organisations will be attending the meeting which is going to held on 27th of this month (November).
