Category: property development

Dream Home Can Put You In Jeopardy? All We Can Do Is To Alert Buyers

Not really far from now, we found an investor (unwilling to disclose his name) who invested in high-end project in Kolkata and repenting his first home purchase. Not only in Kolkata, this is a common story throughout the world. This happens when the buyers easily get into the loop of the appeal. It’s mostly for the higher returns from the very purchase unit. Mostly people have seen chasing after handsome features and facilities within limited price range.Not always a low budget can hand over your desired fixtures from your choice of property. But it doesn’t mean if you buy cheap, you will get cheap.Getting cheap deal always demands further exploration. For example in Kolkata, if you explore flats in Rajarhat you will get a whole lot of attractive projects within your budget limit.

Impulsiveness is what should be strictly prohibited while purchasing an immovable asset. Definitely seeking an ideal property involves hastiness. But that doesn’t mean you overlook mechanical and structural issues as well as the builder’s previous track records. Experts say that people are running fast to get their dream home as they scare fueling market price and unpredictable market corrections. Often, people are caught amid the panoply of the realtors. Cross-checking the offerings have been eternally a buyer’s one of the prime duties. Read all the agreements before coming into any deal with the developer.

Property prices vary with the location and social infrastructure and the presence of alluring amenities. According to one’s budget limit he/she has to compromise anyone of these. All these components in combined make a property satisfactory. Thus, sacrificing one of these components can make your investment rather partial. Again, transportation nodes can give you some major stress. Distance from residence to workplace matters a lot while you are shifting into a new city. These days, there are brewing residential apartments with commercial provision attached. These apartments might cause a big hole inside your pockets. But, these are indeed favorable. We have seen many flats in Rajarhat are having the same configuration for providing superior comfort level to the working people, whose workplaces area at conveniently close.

Insufficient nearby facilities can lead you to waning. Always check out the local map before selecting a property. Modern homebuyers need school, college, hospital, markets at the close proximity to their residence. Eventually, most of the property ad display consist misleading information regarding transportation and infrastructure portrayal. Always double check their quality assurance.

Moreover, that the Real Estate Regulation Act (RERA) is about to enforce and all set to remove all misleading assurances by the developers and the realtors. They can’t even now advertise a property without having registered. If any builder are observed violating any regulation, proved with the valid documentation that person will be penalized by legal route.
-LNN (Liyans News Network)

Jharkhand Wipes Out Registration Charges On Property In Woman’s Name

A remarkable step has been taken by the Jharkhand state government supporting the women empowerment move. On Wednesday the government decided to forgo registration fee on properties registered on the names of any women.

In a press release government officials said that no registration and stamp fee would be charged for any immovable property purchased in the name of any female member of any family. Only Re. 1 token stamp money will be collected.
This decision was made public in a review meeting of Land and Revenue Department review in Ranchi. Jharkhand CM Raghubar Das was the honorable president of the meeting, who also put lights on complete digitization on the entire area map of the state.
In this meeting The Land and Revenue Department updated that at present online registry system is fully accessible across the state. To bring in women investors in the realty sector leading banks have already reduced housing interest rates across the country.
In many states of the country women pay lower stamp duty. In Delhi and Haryana stamp duty charge is 2 per cent less. Thus, it’s advantageous for a couple to buy any immovable property in name of the woman. Women are also eligible of a tax benefit of Rs 2 lac on the EMI paid on home-loans.
Coming to the affordable housing sector, PM has already announced that women should own an affordable housing asset as a co-owner or solo property owner. Under poverty alleviation scheme in west Bengal, women’s names are included in land titles of the government allocated plots to the economically weaker section of the state.

It’s expected that India is going in the right way to allure investors from the both domestic and international sides. After the complete implementation of the Real Estate (Regulation and Development) Act, 2016 (RERA) buyers will get legal protection for intellectual property rights.
Praising the move, West Bengal RERA expert Mr. Mahesh Somani said, “More people will be coming forward with realty investment soon after complete RERA implementation. As real estate sale holds a prime contribution in Indian GDP, the country is offering maximum benefits to the investors. RERA will be supporting homebuyers with a strong and transparent legal system.”
_ LNN (Liyans News Network)– Visit our online property portal to avail residential property sale in Kolkata for buying home at great discount.

Bihar Govt. Gives A Go-Ahead To Draft RERA Rules !

Bihar chief minister Nitish Kumar finally has given a green light to the draft Bihar Real Estate rules (Regulation and Development) 2017 and rendered the urban development and housing department to present it before the state cabinet for approval so that it can be notified before April 30.Every under construction project that haven’t been issued/received any completion certificate will fall under this notified RERA rules. Realty projects which consist of more than 8 flats will also enlisted under these new regulations.

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The rules specify that the prices of the apartments will not be decided upon the super build-up area, rather will be based on the carpet area of the property. Balcony, internal walls, kitchen and toilets all these usable spaces are considered as the carpet area. The chief minister gave affirmation to the draft at a review meeting of the urban development and housing department at the CM secretariat on this Wednesday April 5, 2017. Nitish also asked the housing department to form an urban engineering organization, on the lines of further public works organizations.

According to the urban development and housing minister Maheshwar Hazari this new cell would have 577 engineers. “The cell will add to the efficiency of urban local bodies to execute civic works. The engineers will be recruited at the headquarters level and work for the urban local bodies across the state,” Hazari said.
The chief minister furthermore asked the Patna municipal commissioner to produce property tax assessment property tax assessment on the basis of consumption of the properties. The Centre-notified Real Estate Regulation Act (RERA) of March 2016 will be followed by the state real estate rules. All states were supposed to frame rules for execution of the RERA within 6 months. Afterwards, all states were directed to firm up the rules by April 30.


RERA determines mandatory registration of every under construction and imminent real estate project, penalty to builders against holdup and vindictive extents, including jail terms for crooked builders. The developers are also advised to come up with their project details on the website of the authority along with quarterly updates of the projects. In case there is any postponement from the builder’s site, then builder will have to pay the monthly interest of home loan of the flats buyer. The builders are asked to open a separate account ‘escrow account’ to deposit 70% of the money pulled together for the project. For construction purpose they are permitted for any withdrawal. There will be an appellate tribunal to hear the real estate complaints.

_ LNN(Liyans News Network)- To buy property in Kolkata visit our leading property portal, where you can list your property for free to attract more and more buyers. Contact us for property related consultation.

5 Tips For Post Holi Cleaning For Your Home

Gunjiya and gulal are staples of Holi. We celebrate with friends and family by putting shading on each other and moving to the tune of music. With the celebrations of Holi, comes the inconvenience of disposing of shading. It’s inescapable to keep the shading out of your living spaces, if nothing else you wind up turning an entryway handle and go out. We comprehend the chaos and particularly your need to get your home tidied up.

Here are 5 tips to help you clean your home after Holi.

1. Flooring.

In the event that any dry gulal falls on the floor, basically get your clean free grass sweeper and range it up in a dustpan. Try not to wet it or utilize a soggy material as this exclusive spreads the shading and makes it more hard to clean later. Ensure nobody incidentally ventures on it or you’ll be managing shading impressions all through the house. A genuine cleaning migraine!

In the event that the gulal is wet or you spill some hued water, utilize a wipe or bit of fabric to drench it quickly. On the off chance that the shading dries, it is probably going to leave a lasting stain. You can utilize heating pop and water to manage it on account of tiles. For wooden ground surface, pick a solid cleanser and scour it up.

2. Furniture and wooden surfaces.

Again dry gulal can basically be wiped off into a dustpan utilizing a dry bit of material. Though for wet shading stains, put nail clean remover on cotton balls and delicately rub the stain.

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3. Upholstery.

Dry gulal ought to be vacuumed or wiped off with a tidy free grass floor brush. Evade dampness and hand contact as this lone spreads the stain and leaves a stain in the blinds, bedsheets and whatever other upholstery it interacts with.

4. Entryways and windows.

Dry gulal can essentially be tidied or wiped off. Wet imprints and shading stains on handles and levers ought to be cleaned with a decent quality fluid cleanser or cleaning arrangement. Shading stains on glasses can be cleaned with preparing pop and water blend.

5. Cutlery and ceramics.

Here’s a tip, as opposed to utilizing your most loved and costly arrangement of cutlery, utilize disposables to serve and eat the gunjiyas and kanji.

Now that you’re furnished with cleaning tips, don’t fixate on the cleaning. Just appreciate the celebrations. On the off chance that you have tips from your own understanding, impart them to us in the remarks beneath.

– By LNN (Liyans News Network)

Real Estate In Torment Is Terrible News For Cement Companies

ET Intelligence Group: The administration’s demonetisation drive has influenced bond organizations seriously as they depend a ton on the land segment, which is enduring the worst part of this activity. Examiners have cut the profit per share (EPS) appraisals of concrete organizations for the following two fiscals somewhere around 10 and 20%.

The yearly volumes development of the bond business is pared to 5-6% in the following three years, contrasted and 8-9% prior – in FY16, the aggregate concrete consumpt was near 278 MT. Given these elements, concrete stocks are probably going to fall further and more minimizations are normal.

In the previous couple of years however, Cement Companies had gotten the favor of financial specialists as it was trusted that use levels would go up to 90% by 2020 from 69% at present. It was assessed that concrete organizations would record unrivaled working edges as found in the last upcycle amid 2004-2009.

In addition, increment in framework spending, no critical limit development and the capacity of these organizations to keep up and increment costs in many areas, aside from east India, enhanced their valuations. Prior to the late adjustment, concrete firms were exchanging at a 15-year high EVEBITDA.

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Be that as it may, now with the administration’s choice to get rid of high-designated money takes note of, the interest for lodging is probably going to take a hit as developers gaze at a money crunch. Furthermore, the administration’s foundation activities aren’t sufficient to refute the conceivable lull in the area.

This is on the grounds that the administration upheld ventures – streets, water system and railroads – devour just 6% of the aggregate concrete produced.What’s more terrible, this comes when info expenses are ascending as pet coke and coal costs are rising.

Remote financier Credit Suisse has cut its EPS projections for UltraTechBSE – 0.77 %, Ambuja and ACCBSE – 0.23 % by 1627% for FY18, which has prompted to a bringing down of their objective cost in the scope of 7-20% for these organizations.So, for buying any property in Kolkata ask any related question on post your property requirement in Kolkata and get free advice visit Liyans.com.

-By LNN (Liyans News Network)