Q:
What are the required documents for getting a home loan?
My replies to this discussion
I read this thread. This is really very interesting and useful tips in Home Loan. These points are really very important when you are going to buy property. I am NRIs and want to invest in Kolkata so what document should I required?I read this thread. This is really very interesting and useful tips in Home Loan. These points are really very important when you are going to buy property. I am NRIs and want to invest in Kolkata so what document should I required?
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?
My replies to this discussion
Can anyone throw some light on "Why property buyers invest in festive season"?Can anyone throw some light on "Why property buyers invest in festive season"?
Q:
Hi,I have bought one flat in Sunny fort & the completion date as per agreement was mentioned as Sep'2010 however there is still no sign of aompletion & handover. Does anyone have any idea on the expected completion date? It is really unbearable now
Q:
How is the real estate market of Kolkata going on..?? i mean is it right time to invest there..??
Q:
Hi there :
Currently I am looking to invest in Kolkata, India around the Rajarhat/New town area. Wondeing considering the current scenario, is it a good idea?
As I live outside India, it would be great if I can get some advice. Specially hows the area between Rajarhat Chowmatha/Rajarhat expressway?
Any advice would be helpful. Some ppl told me that there are numerous problems to invest in Kolkata, specially political turmoil and illegal land acquisition. Pls throw some light on this.
Cheers!
My replies to this discussion
Hi All, Is new supply in outskirts hits Rajarhat and its neighbourhood real estate market?Hi All, Is new supply in outskirts hits Rajarhat and its neighbourhood real estate market?
Q:
Hi..i am looking forward to buy a apartment in Kolkata..can i get a apartment where per sq ft price is less than Rs 2000..?? Suggest me options. Also let me know about tax benefit linked with home loan
My replies to this discussion
Hi, Long time back in this thread, could anyone tell me what is the current trends of Kolkata real estate market?
Thanks in advance for your valuable suggestion.Hi, Long time back in this thread, could anyone tell me what is the current trends of Kolkata real estate market?
Thanks in advance for your valuable suggestion.
Q:
Request for Feedback / Review from buying prospect in Magnolia Prestige in Kolkata by " MAGNOLIA INFRASTRUCTURE DEVELOPMENT LIMITED " . If any existing known issues or Challenges in it anybody knows of or people who have purchased will be helpful.
Q:
Am planning to invest in Mumbai. Please guide me with all the necessary steps involved in buying property in Mumbai.
Also do provide some informative article which involves neccessary steps to buy property in Mumbai.
My replies to this discussion
Hi everybody,
Can you tell me which are the that one should check within the project/unit before taking the possession of the property?Hi everybody,
Can you tell me which are the that one should check within the project/unit before taking the possession of the property?
Q:
Hi..what are the revised Stamp and registration charges in Orissa ?
Q:
It was scheduled to be handed over in June 2013.. but still not ready for possession. Can anybody tell me when are they going to start giving possession?
Q:
Is it a good idea to buy an apartment this festival season? Any idea if the builder is giving any discounts or sometime. Please update
My replies to this discussion
Can anyone throw some light on What are the common offers during this festive season?Can anyone throw some light on What are the common offers during this festive season?
Q:
should i invest in lord city sonar pur?also want to know about lord group..
Q:
Prospective buyers always queue up for suggestions from those who have recently bought a property. Which are the key points one should look for?
Q:
Hello, ever since the Terminal road has been opened for public usage, I heard that accident are happening a lot. What has happened? What has made this road so dangerous.?
My replies to this discussion
The worst part here is the traffic departments have asked the terminal authority to put up a couple of traffic signals in the area to stop this from happening. But the teminal authority have not responded to this. This is kinda bad.The worst part here is the traffic departments have asked the terminal authority to put up a couple of traffic signals in the area to stop this from happening. But the teminal authority have not responded to this. This is kinda bad.
Q:
Hi, what is the revise stamp duty and registration charges in kolkata?
My replies to this discussion
Hi everybody,
In Kolkata, Stamp Duty rates depends in the market value of the property as well as the area the property is situated in.The Revenue Dept. of West Bengal provides the following information:- 1) If the property is located within Corporation area (Kolkata/Howrah) and above Rs. 25 lakh then Stamp Duty will be 7% and if it is less than Rs.25 lakh then Stamp Duty will be 6%.
2) If the property is within Municipal Corporation/Municipality/Notified area and above Rs.25 lakh then stamp duty will be 7% and below Rs.25 lakh then 6%.
3) Area not included in the above and more than 25lakh then stamp duty will be 6% and less than 25 lakh then 5%.Hi everybody,
In Kolkata, Stamp Duty rates depends in the market value of the property as well as the area the property is situated in.The Revenue Dept. of West Bengal provides the following information:- 1) If the property is located within Corporation area (Kolkata/Howrah) and above Rs. 25 lakh then Stamp Duty will be 7% and if it is less than Rs.25 lakh then Stamp Duty will be 6%.
2) If the property is within Municipal Corporation/Municipality/Notified area and above Rs.25 lakh then stamp duty will be 7% and below Rs.25 lakh then 6%.
3) Area not included in the above and more than 25lakh then stamp duty will be 6% and less than 25 lakh then 5%.
Q:
I am from Kolkata. I am keen to purchase a property in regent city. This will be a resale transaction. The flat is owned by some investor whom I dnt know at all. Please guide me how to proceed further so that i do not get cheated
Q:
Which are the localities offering highest rental returns in Kolkata?
My replies to this discussion
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.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:
I want a copy of revised sanction plan but builder refuse to give the copy and told come and see the copy at their office. But they will not give the copy. As a buyer I have a no right to get it ?
My replies to this discussion
Hi, I think in the practical world, most of the builder are not ready to give any document without booking amount. for getting the paper you have to make a good relationship with the salesperson or builders.Hi, I think in the practical world, most of the builder are not ready to give any document without booking amount. for getting the paper you have to make a good relationship with the salesperson or builders.
Q:
The promise of Acche Din by the Modi Government is gaining Pace.
My replies to this discussion
Hi everyone,
Today morning, i heard that the Urban Development Ministry has proposed plans linking of user charges to inflation to finance Smart Cities. Is it true?Hi everyone,
Today morning, i heard that the Urban Development Ministry has proposed plans linking of user charges to inflation to finance Smart Cities. Is it true?
Q:
I am interested to purchase a 2BHK flat in Rajarhat, Kolkata.I need expert advice, whether I should purchase flat in the locality or some other location in Kolkata. It is purely for investment purpose.
My replies to this discussion
One should strictly check legal issue related to the project. Property transaction comes along with legalities which is sometimes very difficult to understand. Legal experts are the one that help you with the legal issue titles such as No-objection certificate, transferable title, a record of right and title, stamp duty charges, tax, and many more.One should strictly check legal issue related to the project. Property transaction comes along with legalities which is sometimes very difficult to understand. Legal experts are the one that help you with the legal issue titles such as No-objection certificate, transferable title, a record of right and title, stamp duty charges, tax, and many more.
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?
My replies to this discussion
@ 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.@ 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:
what is the current status of this project in terms of Growundwork, legal paperowrk, and approvals??
My replies to this discussion
Hi, Spring Meadows is situated in Rajarhat which is the most planned township of Kolkata .currently ground work has been started and all document seem to be clear and expected date of completion as per builder is dec 2017.Hi, Spring Meadows is situated in Rajarhat which is the most planned township of Kolkata .currently ground work has been started and all document seem to be clear and expected date of completion as per builder is dec 2017.
What are the current price trends in Rajarhat, Kolkata?What are the current price trends in Rajarhat, Kolkata?
Q:
I have observed that the real estate market of E M Bypass is showing great progress? I will be happy if anybody share me localities review of EM Bypass for investment in residential property?
My replies to this discussion
Thank you very much for your guidance. I want to know what is the prices trends in E M Bypass road and connected area?Thank you very much for your guidance. I want to know what is the prices trends in E M Bypass road and connected area?
Q:
Godrej Prakriti for smart & premium residential 2 BHK Flats in Sodepur & lavish 3 BHK Apartments in Sodepur, Kolkata. Ranging from 885 to 1170 Sq Ft sizes with all the luxurious amenities & sober facilities. Godrej Prakriti is developed by the renowned Godrej Properties Limited, proving it best residential properties in Kolkata.
Amenities:
Swimming Pool
Gymnasium
Children Play Area
Club House
100% Power Backup
Very Large Landscape Gardens
Joggers Park
Vaastu Shaastra
My replies to this discussion
Hi,
Please note that there is already a thread running on Godrej Prakriti here https://www.commonfloor.com/forum/51c83e22cd1c8-godrej-prakriti-is-an-affordable-property-in-kolkata-
Request you all to repost your comments on the above posted link to get better response.Hi,
Please note that there is already a thread running on Godrej Prakriti here https://www.commonfloor.com/forum/51c83e22cd1c8-godrej-prakriti-is-an-affordable-property-in-kolkata-
Request you all to repost your comments on the above posted link to get better response.
Q:
Rajwada Estate is an elegantly developed ultra-modern residential project by Rajwada Group at Mahamayatala, near Mahamayatala locale, the premium flats in Kolkata. Rajwada Estate offers spacious, premium 2 BHK Flats, 3 BHK Flats in Mahamayatala & lavish 4 BHK Apartments in Mahamayatala at Kolkata. Range starts from 1025 to 1905 Sq Ft sizes with all the luxurious amenities & sober facilities.
Amenities:
Swimming Pool
Gymnasium
Children Play Area
Club House
Joggers Park
100% Power Backup
Very Large Landscape Gardens
Vaastu Shaastra
My replies to this discussion
Thank you for posting project information. I am interested in 2 BHK units in this project. Could you tell me what is the builder quoted rate per sq ft and what amenities those builders is provided with this project? When is this project expected to complete? also, guide with the project location.Thank you for posting project information. I am interested in 2 BHK units in this project. Could you tell me what is the builder quoted rate per sq ft and what amenities those builders is provided with this project? When is this project expected to complete? also, guide with the project location.
Q:
The project is still under construction.... Can anyone update when is the builder planning to give the possession?
My replies to this discussion
Hi,
I have inquired about this project and found that project is under construction and i have booked a date for the site visit. They ensure me to come and check the construction status.
When did you book your villa in this project? They told me that those who have booked their villa in 2014 are getting their possession in 2016 end. And those who will book in this year will get possession in 2018 end.Hi,
I have inquired about this project and found that project is under construction and i have booked a date for the site visit. They ensure me to come and check the construction status.
When did you book your villa in this project? They told me that those who have booked their villa in 2014 are getting their possession in 2016 end. And those who will book in this year will get possession in 2018 end.
Q:
I am 27 yrs old professional looking for the residential apartment, but my budget is approx. Rs 30 lakh and want to buy a property in Kolkata. I have shortlisted one project Meena Srishti by GM Group. Please suggest me whether to buy or not?
My replies to this discussion
Hi, I am planning to buy an apartment in Meena Srishti. Is unit available and what is the booking amount and how much is the rate per sq ft they are quoting? When they are planning to give the possession?Hi, I am planning to buy an apartment in Meena Srishti. Is unit available and what is the booking amount and how much is the rate per sq ft they are quoting? When they are planning to give the possession?
Q:
Hi,I am interested in 2 BHK units in this project. I would like to know your opinion of this project?
Appreciate your response in advance!!
Q:
Is Floating rate loan is a better option in case of property buying?
Q:
What to keep in mind when you are selling a property? How to calculate capital gain from property selling?
My replies to this discussion
Hi Kaustav,
Selling property is one of the time consuming and one should keep the various thing in mind before proceeding. On the sale of any kind of property, you are responsible for paying both short-term or long-term capital gains tax. Tax exemptions are the significant raise for any sector and moreover for the real estate sector due to the fact of the huge amounts of money concerned.Hi Kaustav,
Selling property is one of the time consuming and one should keep the various thing in mind before proceeding. On the sale of any kind of property, you are responsible for paying both short-term or long-term capital gains tax. Tax exemptions are the significant raise for any sector and moreover for the real estate sector due to the fact of the huge amounts of money concerned.
Q:
I am planning to take a flat in siddha town. The only thing that I am bothered about is the location of the complex. As i don't have a private vehicle can anyone suggest me about the auto service that goes from rajarhat to airport. Will I be able to get an auto from the complex to aiport during office hours in the morning or it will be full from rajarhat? Moreover till what time at night will I be able to get auto from airport?
My replies to this discussion
Hi Som!!!
Nataji Subhash International Airport is just 4.3 kms Via SRCM Road. It will take 14 mins in traffic and 12 mins without traffic. And Via Rajarhat Road, it is 5.0 kms and can take 16 mins in traffic and 13 mins without traffic. You can get a Auto and Bus Service in office hours. you can get S-91B after every 21 mins and AC-50 in every 30 mins.Hi Som!!!
Nataji Subhash International Airport is just 4.3 kms Via SRCM Road. It will take 14 mins in traffic and 12 mins without traffic. And Via Rajarhat Road, it is 5.0 kms and can take 16 mins in traffic and 13 mins without traffic. You can get a Auto and Bus Service in office hours. you can get S-91B after every 21 mins and AC-50 in every 30 mins.
Q:
I have booked an apartment in Vedic Village IVY Greens on Mar-2014. Would like to know about the future of the project.ROI of the project.Development of locality. Development of communication in that area.
My replies to this discussion
HI Rajiv,
Every city has has its own advantages and disadvantages and if you take kolkata's politics as a negative then i would like to say that Kolkata is very safe and cheap city in terms of Mafia Raaj and economically too.
Secondly, located on the outskirts of Kolkata and is a fast growing satellite city planned by the West Bengal government. Consisting of two villages, Rajarhat and Bhangar, this area is being developed in the north eastern parts of Kolkata. This is about three times the size of Salt Lake and is home to many IT companies. Corporates have purchased land in this area with plans of developing them at a later date. It is already home to many residential and commercial projects.HI Rajiv,
Every city has has its own advantages and disadvantages and if you take kolkata's politics as a negative then i would like to say that Kolkata is very safe and cheap city in terms of Mafia Raaj and economically too.
Secondly, located on the outskirts of Kolkata and is a fast growing satellite city planned by the West Bengal government. Consisting of two villages, Rajarhat and Bhangar, this area is being developed in the north eastern parts of Kolkata. This is about three times the size of Salt Lake and is home to many IT companies. Corporates have purchased land in this area with plans of developing them at a later date. It is already home to many residential and commercial projects.
Q:
I have purchased a flat in Kasba under Kolkata Municipal Corporation, and already made 50% payment. But the builder is saying he cannot give completion certificate. Now he is threatening to cancel the agreement and selling the flat to someone else. What to do? Please advise
My replies to this discussion
HI Sudeshna,
A completion certification is an important and mandatory legal document attesting to the fact that a new building has been constructed and completed according to all the safety norms and regulations of the Buildings Act. A mandatory no-objection certificate issued by the local development and municipal authorities, the completion certificate of any building in Kolkata proves that the building has been approved by the Kolkata Metropolitan Development Authority.HI Sudeshna,
A completion certification is an important and mandatory legal document attesting to the fact that a new building has been constructed and completed according to all the safety norms and regulations of the Buildings Act. A mandatory no-objection certificate issued by the local development and municipal authorities, the completion certificate of any building in Kolkata proves that the building has been approved by the Kolkata Metropolitan Development Authority.
My replies to this discussion
Hi,
Are you planning to buy flat in Garia, Kolkata? Here are the list of projects available for sale in Garia. To get detailed information of these projects click this link
Flats for sale in Garia
Or,
To get best deal on your selected property, You can call on this toll free number (1800) (180) (180) (180) Or You can list you requirement
Post your Requirements to get matching properties details on your Email and Mobile.Hi,
Are you planning to buy flat in Garia, Kolkata? Here are the list of projects available for sale in Garia. To get detailed information of these projects click this link Flats for sale in Garia
Or,
To get best deal on your selected property, You can call on this toll free number (1800) (180) (180) (180) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.
Q:
What will be the cost of a 2BHK flat in Primarc Sukriti? I need some details of this project.....
My replies to this discussion
Thanks for the information Hari,
I am planning to visit the project site first before finalizing. Can you tell me which local body has approved this project and which all banks are funding this project?Thanks for the information Hari,
I am planning to visit the project site first before finalizing. Can you tell me which local body has approved this project and which all banks are funding this project?
Q:
Which local body has approved Primarc Gangetica, Chandannagar? All are approval in place? What about the bank loan?
My replies to this discussion
Hi Poonam!!
Primarc Gangetica by Primarc Projects is a Chandannagar Municipality approved project and all approvals are in place. As far as bank loan is concerned, HDFC, Axis, LIC Housing Finance, SBI, IDBI Bank, IDBI, ICICI,Canara Bank, Bank Of India, United Bank Of India etc. have approved it for housing loan.Hi Poonam!!
Primarc Gangetica by Primarc Projects is a Chandannagar Municipality approved project and all approvals are in place. As far as bank loan is concerned, HDFC, Axis, LIC Housing Finance, SBI, IDBI Bank, IDBI, ICICI,Canara Bank, Bank Of India, United Bank Of India etc. have approved it for housing loan.
Q:
My flat is valued at 28,85,115/- and is located in Phulnakhara, Cuttack. Could someone please help me with a breakup of costs involved in registration? (Stamp Duty, Registration, Service tax, any other taxes etc..)
My replies to this discussion
HI,
It is mandatory to pay stamp duty as per the stamp duty valuation fixed by the Registrar of your area under the stamp duty act of your state. Currently, Stamp Duty in Odisha is 7% and Registration Charges are over & above Stamp Duty and is levied @ 1% of Total Property Value as per sale deed.HI,
It is mandatory to pay stamp duty as per the stamp duty valuation fixed by the Registrar of your area under the stamp duty act of your state. Currently, Stamp Duty in Odisha is 7% and Registration Charges are over & above Stamp Duty and is levied @ 1% of Total Property Value as per sale deed.
Q:
Very recently in the West Bengal state budget a bill was passed wherein Stamp Duty payable at the time of execution of Agreement for Sale would be 2% and the balance Stamp Duty of 5% along with Court fees will be payable at the time of execution of Deed of Conveyance.
Now, if an investor buys a property and pays 2% stamp duty upfront and then sells it to a third party before completion of the project what will be the implications of the recent amendments. As in what will be the liability of the Stamp Duty on the 3rd party at the time of execution of the Deed of Conveyance?
My replies to this discussion
No, they have clearly mentioned that in order to get the benefit of the reduced rate, the registration has to be done within 4 years from the date of agreement on payment of balance stamp duty. So, you have long four years to pay the balance Stamp Duty.No, they have clearly mentioned that in order to get the benefit of the reduced rate, the registration has to be done within 4 years from the date of agreement on payment of balance stamp duty. So, you have long four years to pay the balance Stamp Duty.
