Friday 31 October 2014

PROVIDE PUBLIC PARKING AND GET EXTRA F.S.I

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Developers in urban center will build a lot of if they put aside some area for public parking. The geographic region government has initiate with an incentive floor area index (FSI) provision that encourages developers and housing societies to earmark area for a public cause reciprocally of permission to make a lot of. This may not solely release some in private owned plots or surplus area in housing societies for public parking however even has some impact on the property market since the developers can get additional FSI to make a lot of. 

In areas wherever the FSI has been capped at one or 1.33, this provision would nearly be a windfall for developers if they will put aside the desired area for public parking. Extra FSI is large enough an incentive for developers. Within the island town, the utmost permissible FSI, that determines vertical growth of a building in proportion with the plot space, are four below the new parking policy projected by the govt... In suburbs and extended suburbs, the utmost permissible FSI are three, in line with a change created by the state to the section 37(2) of Development management Rules (DC Rules). The final FSI within the island town and suburbs is one.00 and 1.33. 


The provision says the minimum space of a plot being offered for public parking ought to be a thousand sq m within the island town and 2000 sq m in suburbs. The minimum variety of cars public car parking zone mustn't be but fifty subject to minimum parking space of 700 sq m. the utmost permissible FSI that the policy offers is inclusive of the FSI really employed by the developers or societies. The policy are enforced by the Brihanmumbai Municipal Corporation (BMC). 

The provision can work like this. Suppose a developer or housing society offers a 20,000 sq m plot for public parking, afterward building or society has consummated parking necessities of the residents, to the municipal corporation and if the corporation accepts the proposal, the developer or the society involved can get an extra FSI (depending upon location) over and on top of the FSI granted earlier. individuals victimisation the parking lot can have to be compelled to pay charges to the BMC. However the developer or society won't claim any share during this revenue and also the solely incentive are additional FSI. 

The provision makes a distinction for areas close to railway stations, bus depots, railway stations, water jetties, government offices, and distinguished places of worship. If the parking lot projected by developers or societies is at intervals 500m distance from any of those places, the permissible extra FSI are out there on five hundredth of the engineered of parking lot. In alternative elements of town and suburbs, this may be four-hundredth. This provision has been enclosed to facilitate public parking around distinguished places of worship like Siddhivinayak, Mahalaxmi temple, Haj i Ali, Mount mother church etc. 

The provision wouldn't solely produce parking lot round the common places of worship however conjointly cause creation of extra housing stock by providing additional FSI. The availability at places of worship conjointly takes under consideration the protection side since shortage of parking has perpetually been a security threat.


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Thursday 30 October 2014

VAASTU SHASTRA FOR IMPROVEMENT HOMES

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Vaastu Shastra, a science of environmental harmony and energy, may be effectively used for improvement comes so as to achieve peace, harmony and prosperity. Vaastu may be used effectively for new construction and conjointly for comes already designed. The subsequent are the few tips to get positive energy and higher results: 

 
Auspicious days
Date of commencement of construction is extremely vital for transportation out higher results. Normally, Monday, Wednesday, Thursday and friday are sensible days to start out construction and it's higher to avoid Sunday and Tuesday for commencement of construction. Beginning of construction in Shukla Paksha brings happiness. Stars like Rohini, Mrigshira, Chitra, Hasta, Swati, Anuradha, Uttara Shada, Uttara Bhadrapa, Uttara Falguni, Dhanista, Shatabhisha and Revati are thought-about pretty much as good for commencement of construction. 

Cleaning and levelling of land
Before commencement of any construction activity, clearing or removing the thorny plants or deadtrees and rocks is essentially to be done. Similarly, leveling of land is extremely vital beneath Vaastu Shastra.Proper leveling of land with sure portion of such land with very little heighty than the remaining space would produce a really sensible flow of cosmic energy that successively would guarantee uninterrupted progress of the development work. 

Vaastu Pooja
Vaastu Pooja is additionally referred to as Shanku Sthapana. Shanku means that energy device and Shanku plays a really vital role to get rid of the negative radiation / energy from the land.Shanku Stapana means that the pooja in dire straits birthing the inspiration stone and praying to the Shanku for his blessings for removal of negative energy from the land. Pooja is obtainable to Shanku and there once it's buried within the centre of the plot since it's believed that the energy moves towards the centre or centre of the plot. Thus, it's believed that the Shanku buried at the centre can guarantee suppression of the negative energy. 

 
Starting point
The start line of construction is extremely vital beneath Vaastu Shastra. Thus, the development ought to begin from South East and moved  forward in a very clockwise manner. 

Builders/contractors’ site workplace
Every builder or contractor builds a short lived site workplace at the development site. correct placement of this workplace as well as seating arrangements of the contractor or builder, his manager and different workers within the correct direction enhances the energy of the persons performing on the project.This, in turn, can facilitate in recuperating results from the workers and managers performing on the project.The builders site workplace might situate in south or the west of the location and also the owner/builder/manager ought to sit facing east and also the remainder of the workers sitting facing north. 


Place for stores
Proper placement of machinery and construction material is additionally important to get positive energy and for sleek progression of the project.Electric machinery can offer positive energy once placed within the Hindu deity Sthan and also the materials like sand and bricks ought to be keep in Prithvi Sthan or South. Temporary water tanks for construction ought to beneath no circumstance be placed in South - West since this may crippl the project and can bring losses to the developer.

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Wednesday 29 October 2014

TIPS FOR PROPERTY IMPROVEMENT

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Who will not jump at a deal throughout that the builder offers residents of recent buildings an honest amount to induce a refurbished flat with further space? This is often what has been happening recently. Not only can the flat vender receive the money but he gets a monthly rent for his temporary accommodation in addition. Once the new property is prepared he gets a, refurbished, recently designed flat in situ of his recent one. 

This is done by builders for the aim of redeveloping the property and adding further floors to a particular building. By selling the extra flats they earn revenue. Depending on whether or not or not the resident is requested to maneuver concisely or permanently the builder pays the money to the current residents. For a short shift the builder will offer money for the other accommodation till reconstruction is complete. Builders generally in addition offer post-dated cheques. These need to be accepted on condition that the money paid before be enough for a minimum of eighteen months of the rent. you want to calculate if the whole given would be adequate till you get the refurbished home. 

If you are vacating the flat permanently you'd get an even bigger total of money from the builder depending on but your property has been evaluated. You want to make certain that the number is enough for you to buy for one more flat once subtracting tax owed. You want to request a bank guarantee thus on forestall you of being defrauded. The builder deposits this amount with the bank that may be to a resident if the builder does not finish the project within the time secure. However a builder cannot redevelop a building or a society if 100 percent of the families residing during this do not agree for it.

Before you ultimately offer the keys of your home to any builder you want to make certain that your needs for the long run are taken care of. You want to grasp the style of stepping into an improvement contract keeping in mind your needs. In these deals the resident should decide the terms and conditions. Therefore, theflat owners or a housing society would really like the services of knowledgeable skilled and designer to guide them. The skilled would confirm that gift and future legal issues are tackled effectively. He helps to formulate the documents in line with the law. 


Before you offer the project to any builder you want to examine his log. Your designer is additionally able to assist you grasp if the chosen builder has finished his previous comes inside the time secure and has paid the whole as secure inside the contract. 

An designer will assist you in knowing the worth of the property upon its valuation. This is often a giant take into account deciding the number offered by the builder. Inside the later reconstruction time the designer would be a watchdog to make sure that sub-standard materials do not appear to be utilized by the builder for construction.


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Tuesday 28 October 2014

DOCUMENTS REQUIRED IN GENERAL FOR LEGAL SCRUTINY REPORT

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 B.D.A Property:
1.Amount paid receipt issued towards the payment helpful of site by B.D.A. to the allottee.
2.Allotment letter
3.Lease humor sale agreement.
4.Possession certificate
5.Absolute sale deed
7.Latest tax paid receipt
8.E.C. from date of allotment till date
9.Khatha extract
10.Building set up (if any)

Converted lands:
1.Mother deed to trace the origin of property / All various relevant conveyance deeds.
2.Conversion Order
3.Zonal regulation map
4.RTC from 1967 till date
5.Relevant mutation records.
6.I.L. & R.R. records
7.Nil residency certificate
8.Nil acquisition certificate from the competent authority.
9.Endorsement from Tahsildar confirming that there is no case unfinished below sec.79(a) and (b) of KLR Act.
10.Village map/Survey map/Tipny/ Akar Bandh/Atlas
11.If the sites are formed, approved layout arrange to be obtained and  sketch fixing the sites on the survey map to be obtained.
12.If the born-again land falls at intervals the view of C.M.C. OR B.M.P., betterment charges to be paid
13.Khatha from the concerned authority to be obtained.
14.Latest tax  paid receipt.
15.E.C. for the relevant quantity till date.

B.M.P. Lands:
1.Mother deed to trace the origin of property / All various relevant conveyance deeds.
2.Betterment charges paid receipt (if applicable)
4.Khatha extract
5.Sanctioned Building created
6.Latest tax paid receipt.
7.E.C. for the relevant quantity till date
8.If it's primarily a reborn land, the documented listed in (c) on high of are required.
9.City Survey records;
a.P.T. sheet
b.Field book register
c.P.R. Card
d.City survey enquiry report

Flats:
1. Mother deed to trace the origin of property / All alternative relevant conveyance deeds.
2. Betterment charges paid receipt (if applicable)
3. Khatha certificate
4. Khatha extract
5. Sanctioned Building created from competent authority.
6.latest tax paid receipt
7.E.C. for the relevant amount until date
8.If it's primarily a born-again land, the documents listed in (c) on high of ar required.
9.In case of high rise building, the permission to be obtained from the next departments:
a)Airport authority of India
b)B.W.S.S.B
c) B.E.S.C.O.M
d)Telecom
e)Fire Force
f)Pollution Board
10.Commencement and occupancy certificates.
Other than tracing the title of the property, if the property is command by a corporation, Partnership firm or Trust, the next documents are required:

Company:
1. Memo & Articles of Association of the company.
2. Incorporation certificate.
3. Resolution elapsed the company purchasable / purchase of property.
Partnership Firm
1. Partnership Deed of the firm.
2. Authorising letter among partners authorizing partners purchasable and obtain of property.
3. Acknowledgement of registration of firm.

Trust
1.Regd. Trust deed
2.Resolution/Authorization letter among trustees authorizing members purchasable and get of property.


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