Kasturi Apostrophe at Moshi Pune

Property in Pune By Kasturi Builder

SNN Raj Etternia Project In Bangalore

JLL - Wadhwa Courtyard Thane West Mumbai

Godrej 101 - 2 & 3 BHK Apts In Gurgaon

Aparna Serene Apartments In Hyderabad

Mantri Solitude Chennai Project

PRE LAUNCH Vs. SOFT LAUNCH

Pre-launch, a highly-debated issues in real estate, means raising money from the public for projects which are yet to get regulatory approval in the form of license and clearances. In short, it is like selling a house which has not even had its foundation stone laid. Soft launch is legally permissible, but it is different. When investing, an individual needs to understand between the two.

While both are meant to attract investments before a project is actually ready, in the case of pre-launch, a builder seeks investments even before seeking regulatory approvals are in place. In case of soft launch, the move follows after receiving all the necessary approvals.

How can an investor understand the difference?

One can make it out by the mode of payment asked for. Since pre-launch is an illegal practice, a builder will insist on cash payment. An investor should understand that only the amount one pays in cheque is the actual and official valuation of the property that he is investing in.

Why then are there takers for pre-launch?

Investors are often lured by the significantly low prices on offer. On an average, a property's pre-launch price is less than one-third the price after actual launch. But since the entire transaction is through a benami deal, the investor often does not have an enforceable right.

Source:http://articles.economictimes.indiatimes.com/2007-01-01/news/27682645_1_carpet-area-investor-approvals

REAL ESTATE - UNDERSTANDING PAYMENT PLANS

Down-payment plan: It is the most conventional scheme where you have to pay 10-15% upfront, called down payment, at the time of booking and thereafter 80-85% of the total cost within 30-90 days of booking. The remaining 5-10% balance amount, along with any additional charges, is paid at the time of possession. In case you are taking a home loan, the equated monthly installments, or EMIs, start immediately as soon as the bank makes the upfront payment. So, interest is charged on the entire amount from day one. Also, you'll not get any tax benefit on the principal value till the possession. However, if you can manage the cash flow, you can get hefty discounts, sometimes as high as 15-20%, depending on your bargaining skills. The caveat here is any delay in completion and delivery, which is common in this sector.

Construction-linked plans: As the name suggests, the payments under this plan are linked to the construction stages. You have to pay around 25-30% of the purchase price within 90 days from booking and the balance in installments on completing different construction milestones. It is usually 10% of the total cost on completion of every floor. Thought you are unlikely to get any discounts under this plan. Risks related to project delays are much less than a down payment plan. Also, you get full tax benefit under 80C from the beginning.

Time-linked plan: Under this plan your installments are time-bound. You have to make payments based on a pre-determined calendar set by the builder, irrespective of the progress that the project has made towards completion. So, even if there is a delay, you are contractually bound to make the payment as per the timetable. Any delay in installment means you will have to pay penalties-- interest on installments payable. It is therefore not a very popular plan.

However, since the risks are higher, some developers offer discount on time-linked plans as well. Also, like in a construction linked plan, you get full tax benefit from the beginning.

Flexi-payment plans: This plan is a combination of down-payment and construction-linked plans. Here, you are required to pay 10% on booking, another 30-40% of the property value within 30 days of booking. The rest 50-40% payment is done in tranches just like in a construction-linked plan. The last 10% along with one-time charges is paid at the time of possession. Since these installments are linked to the stages of construction, it is a safe option in case of any delay.

Source:http://articles.economictimes.indiatimes.com/2014-03-28/news/48662803_1_down-payment-plan-tax-benefit-instalments

Godrej Gurgaon Project - 101

Nitesh Project In Bangalore - TRIP 2 EUROPE

Brigade NorthRidge 2/3 BHK Apts In Bangalore

Sobha Palladian New Indiranagar Bangalore

Brigade Offers 2/3 BHK Apartments In Bangalore North

Plumeria at Brigade Meadows Bangalore - Pre Launch

Jaypee the Kove Near F1 Track Yamuna Expressway Noida

Jaypee Group launch a New Residential Project Jaypee the Kove located at Yamuna Expressway next to F1 Track Greater Noida.  Jaypee Kove Offers 2, 3 & 4 BHK Luxurious Apartments. Jaypee the Kove Next to the International Motor Racing Track, International standard cricket stadium, Jaypee the Kove at Lake District becomes the majestic destination to live. Jaypee Greens the Kove is a novel and highly stylized project recently launched by Jaypee on Yamuna Expressway, Greater Noida. It is designed keeping in mind the aesthetics of the living area and the surrounding landscapes as well. This is the first theme based community of its kind in India. Jaypee Sports City incorporates western designer architecture along with sprawling greens so that you live in a highly sophisticated complex, replete with the modern amenities and infrastructure. It is the ultimate destination for those who appreciate beauty and art in every sphere of life.  The project site is located 20 mins south of Noida on the 165 Km along Yamuna Expressway. The Eastern Periphery Expressway connecting Greater Noida to Faridabad will come up on its west side. The Proposed metro link to Jewar from Greater Noida will run parallel to the Yamuna Expressway. 

Amenities & Specifications: 

• Multi Utility Variable Space
• Children Play Area
• Modern Gym & Children Play Area
• Elevated Apartments
• Expanded Corridors
• Cut-outs with planters in corridors & deep green balconies
• Community sitting area on each floor
• Club house with modern amenities & many more

About Developer: 

Jaypee Greens is a venture of Jaypee Group, a well-diversified infrastructural and industrial group with a turnover of over Rs. 3500 Crores. Jaiprakash Associates Limited is the flagship company of the Group and is an acknowledged leader in construction of River valley and Hydropower projects, Engineering and Construction, Cement manufacturing, Hospitality, Real Estate Development, and Infrastructure development in the form of Expressways and Highways.

Ashiana Umang Project Rs. 33 Lacs Onwards

Ashiana Umang is spread over 12.5 acres [approx.]. It aims to give you a pleasant, organized and unified living with ample opportunities to lead a healthy lifestyle.

• Possession: December, 2016 (Ph-1)
• Starting price: Rs. 32.80 Lacs 

Comfort homes at Umang!

• More than 433 families have already booked with us.
• Located near Mahindra SEZ, Ajmer Road, Jaipur
• Over 100,000 persons are expected to work and approx. 10000 persons are already working in companies like Infosys, JCB, Deutsche Bank etc.
• Good Rental returns due to industries like Wipro, Infosys Technologies, Deutsche Bank, Genpact, Metlife, Nuclear Software, Nagarro Software, Ratan Textiles.

Purva Limousine Homes Bangalore

Godrej Azure - New Launch OMR Chennai

Godrej Azure is the brand new creation by the reputed real estate builder Godrej Properties Ltd. The accomplished architectonics in this project is being done by using the latest technologies and hence, is considered to be the most admirable address offering absolute amusement to each and every resident. The construction of Godrej Azure Padur is widely spread beyond wide acres of land having most charming greeneries that is entirely spread all through till your eyes can reach. The project is conveniently located in Padur OMR Road Chennai and enjoys close proximity to all social facilities. Sprawling over acres of land, Godrej Azure Chennai is one of the carefully planned projects.

• World class amenities

• Superb connectivity

• Proximity to IT parks

• Ocean views

• 80% open spaces

• Excellent location at OMR, Chennai

• In close proximity to IT parks, 3/4 star hotels, hospitals, schools and colleges

• Close to East Coast Rd, Chennai’s most significant cultural & recreational hub

• The Chennai International Airport is just 30 minutes away

About Godrej Properties: Godrej Properties is one of the leading real estate development companies in India and is based in Mumbai, Maharashtra. They have real estate development projects in 12 cities in India, which are at various stages of development. Currently, the business focuses on residential, commercial and township developments.

Wish You All - Happy Dussehra

Xrbia Projects In Maharashtra

Xrbia Story - vision is to build "100 new cities by 2030"

Urban planning in India, based on in-situ development, is inadequate to address the scale of infrastructural and housing shortage. Xrbia have taken it upon us to build not only houses, but cities that are environmentally friendly, technologically advanced, committed to education, dedicated to health, and that foster community spirit. By 2030, India will have a housing shortage of 100 million homes. By building a 100 new cities, Xrbia hopes to meet 1% of this need.