Aakar Realty Enterprises '_____ Realty Mediators

 The city of Mumbai has a reason to smile as the Mumbai Metropolitan Region Development Authority (MMRDA) is ready with the draft development plan for 43 square kilometers of recreation and tourism zone in and around Gorai, Manori and Uttan. “The development plan has been prepared keeping the environmental and heritage sensitivities in mind. The heritage culture of the area includes age old churches, temples etc. Fishing and fishing related trade is the livelihood of the locals and that was on top priority while preparing the plan”, said Mr.Dilip Kawathkar, Joint Project Director (PR), MMRDA. The 43 square kilometer zone will provide for various environment friendly projects such as botanical garden, mangrove park besides recreational facilities. The monumental Global Pagoda will remain the key attraction for the tourists and the city people alike for its sheer size, glamour and the calming effect. The mangrove park is certain to provide vital shelter belts to protect inland homes...

An amendment in the Development Control Regulation 33 (9) pertaining to cluster redevelopment has given tenants of old, cessed buildings in the island city the right to select their own builder. However, the ultimate power to sanction such schemes still rests with the landlords as without their consent no redevelopment can take place. Last week in Nagpur, the state urban development department issued a notification amending the rules. According to the amendment, if 70% of tenants come together, they can select a developer of their choice. Once this process is done, the department would give them a letter of intent (LoI). Before this amendment, the right of selecting the developer rested only with the landlord. “It is possible that tenants would have been forced by the landlords to select the developer. The only reason to amend the existing rules was to give tenants a choice to select the developer,’’ said T C Benjamin, principal secretary, urban development. According to the ear...

1BHK Flat @ 3950/-  psft. area 640  sq.ft.At  Swagat Heights.(Near GCC Club) IOD,CC recd. Builders rate:4500/- www.facebook.com/acosmosrealtycorporation

Real Estate Lonavala - Sahara Ambey Valley 6000 Sq.Ft. Commercial - General land for Sale , Rs.18.00 Lac

Lonavala Amby vally  touch bungalow plot 6000 to 11000 sq.ft.road touch with light & water.  Non agriculture Certificate ready for registration.                                     @ 300/- Rs.per sq.ft.  Special payment Plan 30% now & 70% in 12 month equal installment EMI.     www.facebook.com/acosmosrealtycorporation

Real Estate Mumbai - Borivali (W) 1054 Sq.Ft. 2 BHK, Apartment-Flat for Sale , Price on request www.facebook.com/acosmosrealtycorporation

The falling property market has urged to realtors to take shelter at the safest place at least where they can take sigh of relief from the crisis of real estate downturn. According to the several sector watchers and property market analyst Pune real estate market has witnessed of highest rise in the last 6months. “Pune property market records 78% sellout across the region”, Gera realty report said. Whereas market experts said that at now we can’t anticipate the demand and supply in Pune is well balanced, we are now in wait and watch mode. However there are several anticipations from property market that in the third quarter of the current fiscal year condition will go up due to the festive season. We don’t really suspect any major change for the next six months. This economic crisis, however, will not be as bad as that of 2008-09,” http://www.accommodationtimes.com/real-estate-news/pune-is-now-safest-option-to-invest-in-property-market/?utm_source=feedburner&utm_medium=email...

Real Estate Agent/Broker - Satish Shetty | A Cosmos Realty Corporation Mumbai | Profile on abodesindia.com

Real Estate Mumbai - Borivali (E), White Spring 1254 Sq.Ft. 2 BHK, Apartment-Flat for Sale , Rs.1.04 Cr www.facebook.com/acosmosrealtycorp

Real Estate Mumbai_Thane_Kalayan_beyond - Vasai 475 Sq.Ft. 1 BHK, Apartment-Flat for Sale , Rs.16.62 Lac www.facebook.com/acosmosrealtycorp

Apartment-Flat, For Sale, VIRAR(E), 1 BHK 545 Sq.Ft., Price on request www.facebook.com/acosmosrealtycorp

By Dr Sanjay Chaturvedi Any land reform cannot take place without government’s intervention. And this is also true that Land reforms in India got centre of political engineering even in the British rule. Unfortunately, we had Urban Land Ceiling Act (ULCA). The ULCRA was introduced during Prime Minister Indira Gandhi’s regime as a means for lower income sections to fulfill their dreams for a home. The main purpose of the Act was to prevent hoarding or excessive holding of land in urban agglomerations by few people so as to facilitate proper distribution and uniform development of all sectors of urban areas. We all know that the Act outlived its main objectives and repealed by entire nation, off late by 2007. On Thursday 28, July 2011, government at centre came out with new land acquisition policy called National Land Acquisition and Rehabilitation & Resettlement Bill, 2011 ( LARR). The very first line of Act says in its Forward “ Infrastructure across the country must exp...

By Dr Sanjay Chaturvedi Charging flower bed, lift wells, common areas may be illegal act since they are not counted in FSI, but government of Maharashtra had legalised it by charging premium on it and allowing developers to legally charge from the actual user. The notification of premium on free FSI is out and in offing. Super built up is now legalised from back door. In super built -up, developers use to include balcony, flower bed, staircases, lift wells, common areas on carpet area and sell 500 sq.ft. flat as 900 sq.ft. If plans are passd for 500 sq.ft., how come authorities register it at 900 sq.ft.? If a land is admeasuring 100 sq.ft., how come the documents show it as 160 sq.ft. while registrering. The tehsildars, talati and circle will object to the document while doing survey. Same way why cant government set a circuit in Property Cards that a plan passed flat for 500 sq.ft. cannot be registered at 900 sq.ft. The government is greedy and allowing illegal activities. In ...

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A Cosmos Realty Corporation Slideshow : Satish’s trip from Thana , Maharashtra , India to Mumbai was created by TripAdvisor . See another Mumbai slideshow . Create your own stunning free slideshow from your travel photos www.facebook.com/acosmosrealtycorporation

2BHK = 1000/sq.ft.= Higher Floor = Fully Furnished Apt. with Health Club = Swimming Pool = One Car Park At Lodha AQUA = Mira Road East Price = 70 Lacs

PREMISES REQUIRED Premises having vantage location, preferably on ground /or first floor, in ready to occupy condition with BMC Occupation Certificate / Commercial permission and adequate parking facility required on lease basis by Canara Bank for its branches / offices at the following places: Carpet Area Requirement 1. Vasai 1500 - 1700 sqft 2. Virar 1500 - 1700 sqft 3. Ghodbunder Road (Thane) 1500 - 1700 sqft 4. Khadakpada (Kalyan) 1500 - 1700 sqft 5. Wadala                1500 - 1700 sqft. 6. Jogeshwari ( Jogeshwari Vikhroli Link    Road )                1500 - 1700 sqft. 7. Kemps Corner          ...

Project :      Palazzo Location :   Andheri (e) No.of flats : 20   2bhk :       1044 & 1180sq.ft.   3bhk :       1500sq.ft. Status :      Underconstruction Rate :       Rs.7000/sq.ft.+ floor rise (excl.car park) It’s a amazing offer as the market rate is Rs.9500/sq.ft.+ floor rise

After the lots of agitation for anti corruption government decided to tighten its grip over to benami property and set the target to refresh the existing law and order. As per the Benami Transaction (Prohibition) Act, 1988, will permit to the central government to seize property which will declared as the benami property. According to the govt officials if owner is incompetent to provide the enough proof for the ownership of the property then government is illegible to declare it as benami property. However Parliament has sanctioned the law in 1988 restricting over benami deals, whereas law never imposed on the benami deals as the norms were not framed. Now government wants to make more stronger to norms and tighten all the ways to benami deals.

The Thane civic body will soon launch an online portal to clear building proposals. Officials hope that the civic portal will streamline the realty sector and help bring in transparency and accountability while sanctioning the proposals of building projects. The proposed name of the domain is tmc.tp.  “The plans will be sanctioned online within a timeframe. Once an architect submits a proposal to the town planning department, he need not make rounds of the corporation office to check its status and wait for a written okay from the officer concerned. Instead, a surveyor or an assistant director will scrutinize the proposal online and then put his seal of approval, should the plan comply with the Development Control Rules. A delay in issuing the clearance will have to be justified with written reasons,” the Thane municipal commissioner said. Software professional Prashant Ugemuge, who has designed the portal, said it was similar to a document-tracking system and the civic chief ...

Nowadays global real estate market is facing slowdown due to mounting rate of home loan and increasing prices of property. But in the midst of this crisis according to the sector watchers Joint Home Loan is very helpful to get out from the crisis. Joint home loan not only increases your finances but also extra tax benefits. Common man’s dream home has badly destroyed due to high rates of property and interest. When it comes to interest and particularly to floating interest rate it increases the monthly installments and made individual buyer distrustful. In this scenario individual buyers are looking to transform their reality into the realty dream. So according to the analysts view joint housing loan remains the only option to the individual buyers to increase funds, propose more flexibility in repayment apart from the extra benefits. According to the income Tax Act deduction on borrowed capital is allowable only in case when it borrowed for the purpose of property purchase, const...

We are currently witnessing a high rate of growth in loans, with lending firms expanding in size and presence as they attract more and more investors. The business plans of many finance companies include personal loans as the biggest items of growth. It is important to realise that loans don’t need to be viewed as evil. So, even though every financial planner has advised you to abstain from borrowing, you can dispense with this learning and see how you can use it as a tool to build assets. The demand for loans comes from two primary household needs—liquidity seekers, who have locked up money in assets and want to release it for other uses—and asset builders, who like to use a loan to build an asset. It can be assumed that the boom in savings and investments in recent years has not been guided by the principles of asset allocation. This translates into a growing market for rebalancing and re-jigging, where the preference will be towards holding the asset while taking a loan against it,...

Mumbai: Municipal Commissioner Subodh Kumar has given another blow to the city developers that civic body is discussing to revise Development Control Right (DCR) 1991. As under DCR rules developers are getting concession on FSI for their projects. Regarding this issue several meetings were held with the concept of extra FSI under DCR (35). Under this section several parts like lobby, elevator, flower beds, ducts, and balconies are not counted in building’s FSI. Whereas lobby, staircase and such other parts are excluded from the building’s FSI. “We are discussing to revise in DCR 1991 in which those places are free of charge will be charged” as civic bodies said. According to the Municipal Commissioner that those excluded parts from charges should be charged so that BMC can earn some revenue. And BMC can invest in capital intensive projects, where it will add value to the city and its citizens. Not only civic body but also activists from entire city considered it as a welcome step. If ...

A house with actual carpet area  area = 3261/sq.ft. Amenities  within house 3bhk ,lilypond,flowerbed,deck area,dry balcony Amenities outside house car lift,servant area, For Further Queries Email or Contact

Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002.Pursuant to the announcement made by the Finance Minister in the budget speech for 2011/12, Government of India, Ministry of Finance notified the establishment of the Central Registry. The objective of setting up of Central Registry is to prevent frauds in loan cases involving multiple lending from different banks on the same immovable property. This Registry has become operational on March 31, 2011. The Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI), a Government Company licensed under section 25 of the Companies Act 1956 has been incorporated for the purpose of operating and maintaining the Central Registry under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (...

A Cosmos Realty Corporation - Mumbai, India: Buyback Proposal Sold Out

New project at Mira Road (near site of exisiting project at Beverly Park). Assured Buyback at 20% return for ten months.Amt. in Multiple of Rs.5 lacs. Other option is 15% pa. return @ 4500/- psft.  and balance profit at 50:50. For Further Queries Email or Contact Sold Out

Tenants have a sigh of relief as on Friday the Supreme Court ordered that landlord cannot evict to occupant for minimum five years, if he or she is regularly paying rent according to the norms of agreement between the parties. This ordered came out due to a petition filed by the tenant which challenging the Allahabad High Court order for increasing the rent of the premises. A bench of Justices Dalveer Bhandari and Deepak Verma said “if tenant is paying rent according to the contemporary market rates and have decided between the parties then landlord could not be permitted to take any action such as eviction against the tenant till the 5years.” So at least for five years tenant would be free from the worry to being evicted from the occupied area, justice bench said while introducing new norms on payment and hike of rent. The Justice bench has expressed their views due to the mounting ration of the disputes between the landlord and tenants in the country and introduced the seven new nor...

CIMB Tower Construction Sequence - by ATSA Architects

A Cosmos Realty Corporation - Mumbai, India: Interest subvention up to Rs.15L on housing loan

At AlkaPuri - NallaSopara 35 - 1BHK FLATS (530 sq.ft.) 07 - 2BHK FLATS (815 sq.ft.) 42 - TOTAL FLATS BUILDING IS A TOWER OF SEVEN FLOORS ONGOING MARKET RATE IS 3500/sq.ft. FOR FURTHER QUERIES EMAIL OR CONTACT

Recently, the Reserve Bank of India (RBI) increased the interest rates. The short-term lending rate (repo rate) has been increased from 6.5 percent to 6.75 percent, while the short-term borrowing rate (reverse repo rate) has been raised to 5.75 percent from 5.5 percent with immediate effect. Keeping in view the liquidity situation, the central bank has kept the cash reserve ratio (CRR), the amount banks are required to keep with the RBI in cash, unchanged at six percent. This is the eighth time since March 2010 that the RBI has resorted to policy rate hikes to tackle inflation. Inflation is still ruling above eight percent. The overall inflation was at 8.31 percent in February this year compared to 8.23 percent a month ago. What happens to EMI in case of rate hike? In some cases, if the interest rate increases, the EMIs remain the same but the tenure of the loan increases. So, the loan tenure may be extended by 1-2 years. Conversely, an increase in the interest rate will mean a...