Q:
Hi, many builders are constructing unauthorized living space for getting more value of their projects. What are the steps the civic body is taking to stop these illegal constructions?
Latest Answer: Even though it was a rule that no member should own more than one house, two members had houses in Rajyog on their name and also other houses.
Latest Answer: I agree with Suraj but the new property tax payment norm will eradicate the issue of property buyer being cheated from builder faking the tax payments.
Latest Answer: Increasing taxes on properties and building materials, are responsible for the high rents and property prices in Mumbai. It is a tough time for the residents of Mumbai.
Latest Answer: Hai Sanket, the stamp duty has been increased from 0.1 % to 1% and analysts say that this will affect the rental market. Leasing of a property will not be considered as renting will be much easier.
Latest Answer: The residents of Gurgaon have already come to know that the road has already started showing. Residents are going furious over the road construction done by a private contractor and said that the contractor has not used the proper technical procedures to make it strong and durable.
Latest Answer: May be the accident cases are increasing due to lack of crash guards to control the speed of vehicles. But recently I heard that Navi Mumbai Municipal Corporation (NMMC) is planning to install the crash guards along Palm Beach Road.
Latest Answer: As mentioned in the new budget, the LPG cylinder’s cost has increased. A domestic cylinder costs Rs.402 and a commercial one costs Rs.1530. If the hiking on daily needs goes on this high, then it will become difficult for a common man to survive.
Latest Answer: Pune is the only city in INDIA which has acquired such a massive growth within a short duration of time. There are many MNC's located in Pune where thousands of employees work. Looking back in the past, places like Balewadi, Baner , Hinjewadi were like arid lands, but now they have gained people's attractions and now known as one of the highly developed areas in Pune.
Just few days back i visited a construction site in Baner, by KBD Group called "Palldion", i was astonished by the way the area has developed. KBD Group has done a great job, their schemes are massive with great amenities and facilities provided to their customers. I had a very pleasing experience.
Latest Answer: Recently, the state government has been increasing stamp duty at 11%, it is much higher than other states. Recently, 1 % infrastructure development (ID) was added to it. Earlier, in 2012 too, 1 % social infrastructure cess was imposed in the state. It has made the purchase of property costlier for people. Besides, even as the state government implemented the decision to impose ID fee with immediate effect on property transfer, incentives like fee waiver are being delayed.
Latest Answer: Yes Sanket. The real estate industry is running in high debt rate. The entire real estate builders are investing their earnings for acquiring new land for their future projects.
Latest Answer: Hi if builder has already merge the flate & provided 2 flat number but the entrance door are single only. builder has made two separate agreement as per the respective number & carpet area mentioned separate for both the flat . & the agreements are register with registrar office & OC has been also received beofre 10 years . & in the 4 to 5 building in same sector all 2 BHK is having same module .is there any risk in buying the said flate on re-sale? The Location is Mira road. Please advise.
