Friday, July 22, 2011

1076 sqr yrd Residential Plot in Aantarhsitij, Rancharda, Ahmedabad

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Residential plot

For Sale

1076 sqr yrd

In very famous Aantarkshtij

Rancharda, Ahemdabad

Scheme details
AantarKshitij, as the name suggests, is a retreat, envisioned and planned by Saumya, beyond the horizon of densely urbanized city of Ahmedabad. Beyond the horizon of dreams. Located at a crow-flying distance of 10 kilometers west from the commercial hub of S.G. Road. A unique residential community in the midst of green farm lands in the neighbourhood of this mega city. Self sustained, secured and yet serene.
AantarKshitij, is a community of alternative residential plots (ranging from 1000 sq. yards upwards) with a well developed infrastructure of common amenities and community services, which are designed to make the entire community one of the most coveted addresses of future Ahmedabad.

Saumya, being the pioneer in introducing farm houses and individual bungalows, through the concept of elite neighbourhood community development, has successfully completed more than 500 individual bungalows in 10 residential schemes, spread over more than 240 acres of fully developed land area in Ahmedabad.

Source http://www.saumyaconstructions.com/Aantarkshitij.htm

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Chief Executive - Dhyaana Realty Advisory Pvt Ltd

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11, Hillora Residency, Nehru Park Charrasta, Opp. Vastrapur Lake, Vastrapur Ahmedabad, Gujarat, India - 380015

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618 sqr yrd Plot in Pleasure Club Main Bopal Ghuma Road, Ahmedabad

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Residential plot

For Sale

618 sqr yrd

Pleasure Club

Main Bopal ghuma Road

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Prakash M. Notani +91 98791 14454

Chief Executive - Dhyaana Realty Advisory Pvt Ltd

To reply to Prakash Notani directly, click here or info@dhyaanarealty.com,

11, Hillora Residency, Nehru Park Charrasta, Opp. Vastrapur Lake, Vastrapur Ahmedabad, Gujarat, India - 380015

www.dhyaanarealty.com

Real Estate Investment In Ahmedabad

Properties in Ahmedabad

Economic Residential Plot Ahmedabad

Ahmedabad properties investment

Residential land in ahmedabad.

Residential – Commercial – Corporate Lease Rentals – Land/Plots – Investment Projects – Documentation Related Services – Estate Planning

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3 bhk Twin Bunglow - Vraj Homes, 100% Papers Bh applewoods - S P ring Road, Ahmedabad

For Re-sale

3 bhk Twin Bunglow – Corner Bunglow

204 sqr yrd Plot (Net Carpet)

165 sqr yrd Const (Net Carpet)

100% Papers Rate 72 lakh

in Vraj Homes Nr Vraj Gardens

Bh Apple woods Township

S P Ring Road,

Ahmedabad…………..

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Prakash M. Notani +91 98791 14454

Chief Executive - Dhyaana Realty Advisory Pvt Ltd

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11, Hillora Residency, Nehru Park Charrasta, Opp. Vastrapur Lake, Vastrapur Ahmedabad, Gujarat, India - 380015

www.dhyaanarealty.com

Residential – Commercial – Corporate Lease Rentals – Land/Plots – Investment Projects – Documentation Related Services – Estate Planning

P Please consider the environment and do not print this email unless absolutely necessary Encourage environmental awareness

Thursday, July 21, 2011

Get a Good Real-estate Agent to Escape being Taken for a Ride - Economic Times Article

Expert Take

Get a Good Real-estate Agent to Escape being Taken for a Ride

India’s real estate industry has always been beset by risk, and many unwary buyers and investors have burned their fingers as a result.
When buying or selling in an unorganised real estate market, trustworthy advisors are worth their weight in gold because they can make the difference between time gained and time wasted – and between financial gain and substantial loss.
When an experienced real estate agent guides a client through the intricacies of buying, selling or leasing property, he or she is basically ensuring that the client makes the right choices and is not taken advantage of.
The wrong agent may, at best, lack the required competence – and, at worst, take the client for a very expensive ride.
QUALITIES OF A GOOD REAL
ESTATE ADVISOR A competent real-estate agent understands your requirements and is able to present clearly and impartially all available options that meet your needs. He maintains confidentiality, networks with other agents for your requirement and keeps your costs down. He listens to you, behaves ethically and does not try to rush you into a decision. He does all he can to get you the best deal possible – even if it means a lower or deferred commission – by pointing out to you the pros and cons of every option to help you make a better decision. He gives advice on the risks involved in every offer that are before you, informs you of the available risk mitigation strategies and helps you with the paperwork. He communicates clearly – he will not tell you that every offer is the best.
He has exhaustive knowledge about the local market, general market practices, rules, regulations and legal aspects that he shares willingly and succinctly. He performs the task he has been appointed for with the client’s best interest at heart. He is professional, aggressively follows up on a mandate and adheres to all expected processes.
HOW TO LOOK FOR ONE? Check the real-estate agent’s background, review his track record and get references from past clients.
Evaluate his knowledge of the real-estate market and its offerings as well as his willingness to go the extra mile for you.
Eliminate all prospective advisors who attempt to push you into a deal to make a fast buck or suggest unlawful shortcuts to legal procedures.
When considering a real-estate advisor, be clear on what you require of him or her. If you are not sure, use his expertise and experience to identify and crystallise your objectives – are you looking for an ideally located and appointed home for actual use, or are you more interested in investment potential?
Referrals from family, friends and colleagues are great sources for finding the right advisor. In the absence of such referrals, you can launch an initial search through newspaper ads and web listings. Interview at least two or three advisors in person and establish the person’s local expertise and database depth before you take a decision. Finally, clarify all aspects of the fees and ensure that these are in line with the current market benchmarks.
Your choice of a real-estate advisor has a direct bearing on the number of options you will have, the quality of information and the final price.
By choosing the right advisor, you can save time and effort in finding the perfect home at the right price or selling your property at the best price possible.

Ramesh Nair MANAGING DIRECTOR – WEST INDIA,
Jones Lang LaSalle India

Source

http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=ETNEW&BaseHref=ETM/2011/07/22&PageLabel=11&EntityId=Ar01102&ViewMode=HTML

Resale Flats may be Cheaper, Hassle-free - Article Economic Times

Resale Flats may be Cheaper, Hassle-free
A resale property will cost 10% less than a new one, and you will get what you see. But, you will need to do proper due diligence
PRASHANT MAHESH

House hunters are getting adventurous once again. The news of price corrections in smaller cities and some pockets in major cities has prompted some of them — browbeaten by the rise in both prices and interest rates and out of the market for a while — to restart the process of hunting for a house all over again.
The search for a house can be tricky, especially when real estate agents show flats that are for resale along with new ones in apartments that are just about to be completed or have just been completed.
And guess what, the resale flat, which may be in perfect condition, would be at least 10% cheaper than the newly-constructed flat — a valid enough reason to make most individuals wrestle with the choice of settling for a cheaper, old place or a brand new, slightly expensive home.
Saving 10% is a huge relief when the prices are astronomical and interest rates are hovering around double digits.
“Buying a resale property can be a prudent choice, provided you do your due diligence well,” says Rajev B Sharma, country head, Unicon Financial Intermediaries.
The biggest advantage of a resale property is that you can move in immediately. The carpet area may be higher and there would be better clarity on your cash outflows. Last but not the least, you get what you see.
With an under-construction property, the end product may not be what is promised to you. There have been several instances of builders promising to complete the project in a particular period, but failing to stick to the deadline. Also, there have been instances of buyers being cheated on the carpet area.
Such things would take a toll on your finances as well as your mental health.
“There is no delay in construction, service tax or VAT in a resale property, issues you could face while buying an under-construction property,” says K Ramalingam, director, Holistic Financial Planners.
If these factors appeal to you, you can take a serious look at resale properties.
ENGAGE A GOOD BROKER, LAWYER There is a stark difference in how you buy a new property and a resale property.
New properties are generally sold by developers, who have offices to facilitate such sales. But, to locate a resale property, you need a real estate agent. Hence, start by hiring a good real estate agent. Agents are localised and are experts in their respective areas. They will tell you at what prices recent transactions have happened. They will also guide you on the finer aspects, like the water supply, transport system and the type of gentry that resides in the locality.
Very often, the agent also helps you with the paperwork, including registration of your property and payment of stamp duty. Of course, real estate agents will charge you a fee once the transaction is done.
The fee, which is negotiable and depends on the quality of services, in usually in the range of 1% to 1.5% of the transaction value. “A good lawyer and real estate agent will ensure that your paper work is in order, which is very important, especially in case of resale flats” says Akshaya Kumar, MD, Park Lane Property Advisors.
CLEAR TITLE This is one of the most important things you should check out. “This is the single-most important thing to check if one is buying a resale property,” says Akshaya Kumar.
One also needs to check the entire history of agreements pertaining to that property.
“Documents relating to that sale going back to the very first purchase from the original developer will be needed in original,” says Rajev Sharma.
Always insist on the ‘chain of documents’ — all the agreements effecting ‘buying and selling of property’ till date since it was constructed. If you were to go for a housing loan, the bank will insist on all the documents, failing which your home loan may not go through. So if you are going for a loan from a bank, before paying the token amount, do ask for all documents.
ALL CLEAR FROM HOUSING SOCIETY If a property is for resale, then it usually is part of a building managed by a society. You need to check if the seller has cleared his dues to the society.
“To avail a loan, you will need a no-objection certificate (NoC) from the society, which will be issued only when all the dues are clear,” says Gulam Zia, national director, research and advisory services, Knight Frank.
If the building is old and the society is collecting extra funds for maintenance purposes, then you ought to factor that in while making your purchasing decision. It would be wise to meet an officebearer of the society to make sure that things are in order.
In addition, one needs to check if the electricity bills, phone bills and all other utility bills have been paid till the time you have taken possession of the property. Check out things like the plumbing and the quality of wiring in the flat.
If you need to rewire the house again, that might drill quite a hole in your pocket. If you have a vehicle, check for parking space. Today, in metro cities, parking comes for a high cost.
Many a time, a flat owner eager to sell the property may tell you that parking is not a problem. However, when you move in, you may find it to be otherwise. You may be forced to buy a parking space or may not get space to park your vehicle.
Also, in cities like Mumbai, redevelopment is a common activity. It is better to check if the old building is considering any redevelopment proposal and study its implications before purchasing a flat in such an old building.
Find out what the redevelopment agreement seeks: for instance, whether the old owners of flats will be paid or given flats in the new building to be built. You stand in a difficult position if you were to use the flat to stay in. Though you can always oppose such a proposal, it will not be in your best interest.
All in all, if you want value for money and want to move in fast, it does make sense to consider a resale property.
prashant .mahesh @timesgroup .com
Monday
How Promoter Activity can be a Gauge of Company’s Performance

Source http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=ETNEW&BaseHref=ETM/2011/07/22&PageLabel=11&EntityId=Ar01100&ViewMode=HTML

Source

Wednesday, July 20, 2011

Guj women emerging as strong property buyers - ahmedabad mirror article

Guj women emerging as strong property buyers
The number of registration of properties in Ahmedabad has seen a dip in the last financial year, though; Rajkot women lead the pack of buyers
Dilip .Patel @timesgroup .com

    More and more women in the state are testing water in the property market. The state government scheme of 100 per cent waiver of property registration fees for women seems to be the biggest incentive for them. The scheme was introduced in 2004-05 and the relaxation has amounted to Rs 283 crore since then. The total worth of properties bought by women in this period is around Rs 28,354 crore.
    As per the records of the past seven years, around 10 lakh women have bought property in Ahmedabad and other cities. Experts are of the opinion that there are two main reasons behind the trend. “There are many reasons why the number of women buyers has gone up recently. Firstly, women are entitled to 100 per cent discount in property registration and therefore to avail the benefit, many a time, men encourage women to buy property in their names. Secondly, women are becoming more serious investors, be it property or jewellery,” said expert sources.
    In 2010-11, about 1,82,419 registrations were made in the state, of which 1,95,552 were made by women and they availed the benefit of around Rs 73.18 crore.
    Though Ahmedabad is termed as an advancing city for women, when it comes to possessing property, Rajkot and Surat lead the pack. In fact, Rajkot has emerged as the city which has the highest number of women buyers.
    In 2010-11, 19,903 women from Rajkot bought property, while in Ahmedabad the figure was 15,099. Rajkot also topped in women property owners in 2007-08.
    Jaxay Shah, a builder from Ahmedabad, explained, “Though Rajkot is smaller than Ahmedabad, it has higher number of local buyers and investors. Also, the rural economy of Saurashtra has become strong and, therefore, people are investing more in property. People in and around Saurashtra region are investing more in Rajkot and they tend to buy the second property on the name of women. In Ahmedabad, there are more buyers from outside the state. Most of them buy property only for commercial purpose.”

Source
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=MIRRORNEW&BaseHref=AMIR/2011/07/21&PageLabel=9&EntityId=Ar00900&ViewMode=HTML

The number of registration of properties in Ahmedabad has seen a dip in the last financial year, though; Rajkot women lead the pack of buyers

Dilip .Patel @timesgroup .com

    More and more women in the state are testing water in the property market. The state government scheme of 100 per cent waiver of property registration fees for women seems to be the biggest incentive for them. The scheme was introduced in 2004-05 and the relaxation has amounted to Rs 283 crore since then. The total worth of properties bought by women in this period is around Rs 28,354 crore.
    As per the records of the past seven years, around 10 lakh women have bought property in Ahmedabad and other cities. Experts are of the opinion that there are two main reasons behind the trend. “There are many reasons why the number of women buyers has gone up recently. Firstly, women are entitled to 100 per cent discount in property registration and therefore to avail the benefit, many a time, men encourage women to buy property in their names. Secondly, women are becoming more serious investors, be it property or jewellery,” said expert sources.
    In 2010-11, about 1,82,419 registrations were made in the state, of which 1,95,552 were made by women and they availed the benefit of around Rs 73.18 crore.
    Though Ahmedabad is termed as an advancing city for women, when it comes to possessing property, Rajkot and Surat lead the pack. In fact, Rajkot has emerged as the city which has the highest number of women buyers.
    In 2010-11, 19,903 women from Rajkot bought property, while in Ahmedabad the figure was 15,099. Rajkot also topped in women property owners in 2007-08.
    Jaxay Shah, a builder from Ahmedabad, explained, “Though Rajkot is smaller than Ahmedabad, it has higher number of local buyers and investors. Also, the rural economy of Saurashtra has become strong and, therefore, people are investing more in property. People in and around Saurashtra region are investing more in Rajkot and they tend to buy the second property on the name of women. In Ahmedabad, there are more buyers from outside the state. Most of them buy property only for commercial purpose.”

Source
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=MIRRORNEW&BaseHref=AMIR/2011/07/21&PageLabel=9&EntityId=Ar00900&ViewMode=HTML