Aakar Realty Enterprises '_____ Realty Mediators

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...