Aakar Realty Enterprises '_____ Realty Mediators

Bombay High Court have ordered to stop the housing society inquiry ordered by registrar, as complaints which has been made didn’t have support of one-third members of the society. Justice Anoop Mohta said that only due to “some member or one member is against of society or managing committee” that couldn’t be the reason to order an inquiry. “But if application is filed by the obligatory body of society then it is responsibility of registrar to look into the matter and take essential actions” Justice said. According to Section 83 of the Maharashtra Co-operative Societies Act, registrar can—on his own or on the basis of an application by one third members of the housing society or by a person authorized by him— order an inquiry into the constitution, working and financial conditions of a society. ‘‘According to me, not only the registrar but officers who are accountable and have several obligations under the law (and) are suppose to look into the matters of the society on time interva...

-Proof of identity and residence address (passport, PAN card, voter ID, ration card). -Duly filled application form -Last three months’ salary slips -Form 16 -Last six months’ bank statement where salary is credited Processing fee cheque Land-related documents - Khata, no encumbrance certificate and latest property tax receipt Business profile and proof of existence of business in case of selfemployed -Three years’ profit and loss statement, and balance sheet in case of self-employed.

Real estate has always proven to be a good bet over the long haul with phenomenal appreciation.While inflation may bite into your savings, it could favour people who are under the burden of debt. How does inflation favour property investments? Most investors in property take a land or home loan with tenures typically ranging from five to 20 years. In an inflationary economy, whatever the homeowner needs to pay back to the lender will appear very little. Just as your savings will be worth lesser over a long tenure, so will your debts as your income levels would have soared many times . With banks offering home loans at attractive rates, owing a house is affordable for the young, salaried class. Real estate stands out as an ideal investment in an inflationary economy, especially for those nearing their retirement. An exposure to real estate amply diversifies an otherwise low-risk investment portfolio of a senior citizen. Regular rental income from property is a boon for investors a...

The Supreme Court today said the right to property is a constitutional right and government cannot deprive a person of his land in an arbitary manner. A bench of justices G S Singhvi and A K Ganguly said in a judgement that courts should view with “suspicion” the action of the government in acquiring land for private parties in the name of urgency. “Court should not adopt a pedantic approach, as has been done in the present case, and decide the matter keeping in view the constitutional goals of social and economic justice and the fact that even though the right to property is no longer a fundamental right, the same continues to be an important constitutional right and in terms of Article 300-A, no person can be deprived of his property except by authority of law,” Justice Singhvi, writing the judgement, said. The apex court passed the judgement while quashing the acquisition of 205 hectares of agricultural land in Uttar Pradesh”s Gautam Budh Nagar by the state on behalf of the ...

 According to the several reports of analyst and sector watchers that as Mumbai is one the costlier property market in the entire country is expected to remain constant in the near future on 14th April. “The real estate rates may remain constant and it is happening due the lack of supply in the market and constructions prices touching to sky,” Maharashtra Chamber of Housing Industry (MCHI) President Sunil Mantri said in the media conclave of a property exhibition here. “ Rates of construction has increased by 30% particularly in the last fiscal year, and slowdown in real estate market is also cause by the hikes in bank interest rates” Sunil mantri added. And project approvals have also been one the reason in the less supply in the market, he said. Brihanmumbai Municipal Corporation Municipal Commissioner Subodh Kumar said that Government of Maharashtra will soon come out with the guidelines for floor space index (FSI) in the city in the coming month.

A burning cigarette or a minor kitchen fire can compound into a huge, unmanageable fire disaster engulfing your apartment complex. Escaping from high rise buildings that are higher than three storeys is rather difficult unless there fire safety measures in place. In the event of a fire disaster there is not much time for you to explore options. Hence, be prepared for a fire emergency situation and do not be caught off guard. Building evacuation plan:  It takes less than a few seconds for a small flame to snowball into a life threatening fire. Every apartment must conform to certain fire safety norms. Residents must be aware of a at least two fire escape routes. If one exit path is blocked by smoke, the other could come to your rescue. Screens, windows and doors must be easy to open. In case a door is hot to touch, do not venture to open it. Use the alternate fire escape path. Fire drills:  Involve your community in regular fire drills and techniques of handling fire emergen...