Aakar Realty Enterprises '_____ Realty Mediators

Any person intending to erect,reconstruct,alter or modify any structure shall make an written application to the panchayat in accordance with the following order issued by the Government in this regard. Order 30/3/DP-99 In order to simplify the procedure for the grant of permission for the construction of building, the government is pleased to issue the following instruction for strict compliance of the panchayat or the concerned authority. 1) Every person seeking permissiom for construction of the building shall prepare four sets of building plans and drawing and submit the same to the panchayat along with all necessary documents as required by the Goa Daman & Diu Village Panchayat, {Regulation of Building} Rules, 1971. 2) The Village Panchayat Secretary or any other person authorized by Panchayat in this behalf shall acknowledge the application. The Panchayat Secretary shall scrutinize the application and place the same before the Sarpanch. Within 2 days from the date of receipt...

Series on SALE & PURCHASE OF  AGRICULTURAL LANDS Part I By: Sudhakar Dokhane (Past President PEATA (I) For last decade or two, higher income group people residing in urban areas are buying agricultural lands for the purpose of construction of farmhouse, gardening, farming & horticulture; mainly to spend some days in the company of nature. Some time agricultural lands are purchased for business income  out of cash  crop products, and  income tax exemptions  on such income. However very few people are aware of the revenue rules, regulations and provisions, and some time land in to troubles if such lands are purchased merely on advice of agents without proper investigations; and advice of  legal experts  in the field. Following information on the subject will give adequate knowledge while executing transaction of agricultural lands, permissible developments & uses etc.: - CLASSIFICATIONS OF AGRICULTURAL LANDS: The agricultural...

The Property Card will soon be replacing with a unique reference number assigned to each property. A property record is issued to those who own a property in the city comprehensive project taken up for the first time. It is an important change in securing the rights of property owners. This very document is primarily a paper at present, the Survey, Settlement and Land Records Department has plans to do away. This will be possible by linking the Department’s database electronically with that of the Registration Department banks and once permission is granted. Former commissioner V Ponnuraj said, this PR card is going to be property ownership document an instrument for any transaction of a property sale, mortgage, raising loan and it will also be an instrument of transfer in the land market. There are plans to establish a land market later as it does not exist today but is the need of the hour. As for now the PR card will be available both as soft copy as well as hard copy. Later w...

A first-quarter survey of homebuyers and sellers done by HomeGain.com, a real estate services website, revealed that 76 percent of homeowners believe their home is worth more than the list price recommended by their real estate agent. Homebuyers usually have a better grasp of current market value in the area where they're looking to buy than do sellers who own and live there. Buyers look at a lot of new listings. They make offers, know what sells quickly and for how much, and what doesn't and why. HomeGain reported that homebuyers still think sellers are overpricing their homes. Your home is worth what a buyer will pay for it given current market conditions. This may not be the same as your opinion of what your home will sell for, or what you hope it's worth. Relying on emotion rather than logic when selecting a list price can lead to disappointing results. The prime opportunity for selling a home is when it's new on the market. This is when it is most marketab...

All residential  properties  are built up on land only besides taking all necessary legal precautions sometimes the faults and past claims related to  property  could not be corrected as all property have previous owners. Nowadays people indulging in property transactions are more aware and concerned about the legal issues related to the  real estate  market. Title transactions offers safeguard to property transactions and helps in protection against the loss that arises from legal proceedings. The title insurance concept was first introduced by USA to alter the confusion which is based on property registration  deeds. For assuring the legality and credibility of property insurance policy is a helpful concept. As per laws of state government insurance of building has been mandatory since 2001. Title insurance has been practiced in India by foreign  invest ment companies but the result has not been desirable. In a study it has been observ...

As anyone who just moved into their own house will know — it is a wonderful feeling to step into a freshly painted and furnished brand new home! Owning and moving into a new home can be a very fulfilling moment! Of course, most of the brand new home owners will also not forget the flip side of this nice feeling - the first three months and the new strain on finances in the form of the EMI! Although most people realise that this EMI amount will be taken away from one's account every month, some can end up making terrible blunders like covering monthly expenses quickly before the bank dips into the account for a big chunk of EMI. This can lead to a cheque or ECS bounce early in the tenure! To avoid this it is best to understand when salary credit happens and time the EMI withdrawal accordingly! An oft repeated grumble in such situations is of course the wish that one should have started saving more! Most households these days belong to the double income category and when y...

There’s always the debate whether to use paints or wall paper on those plain walls in the house. Paints were always the clear winner more for practical reasons than aesthetics. Wall paper tends to peel off quickly, especially due to the constant changes in the climate from time to time, and makes the walls look drab and ugly. This is no longer the case. Now, wallpaper comes in high-grade quality and has special weather-resistant features that peeling is just simply next to impossible! When the thought of wallpaper comes to mind, it is always delicate and dainty designs and floral backgrounds, especially well suited to very ‘English’ made homes. Wall papers have come a long way from there. Although, floral designs do exist and are a favourite in many homes, there is a whole new range of textures, colours and patterns that are available in wall papers. Today, most of it is imported from countries like the UK, Germany, France, Belgium and Italy and comes in attractive stripes, checks...

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