Category Archives: Property

Hike in Collector rates – Property market in Zirakpur suffers

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Hike in Collector rates – Property market in Zirakpur suffers Owning a property in chandigarh has become a costly affair as the collector rate and the fee for getting building plan approved has been hiked by the authorities. A common man who is thinking of owning a small residential house in this region is hit badly by the hiked collector rates. Imagine, before April 1st, 2011, owning a small six Marla (150 sq yards) plot could be accomplished with the payment of Rs 75,000 (as collector rates) as compared to Rs 1,35,000 today for the same. The buyer will have to also pay Rs 45,000 for getting approval for building plan. The information about the hike is drafted on the basis of categories focused on location, for example the location of the property in concern is on the main road, on the link road, their placement in the municipal limit of Zirakpur etc. Registration rates for the land on the main road have been increased from Rs 1 cr to Rs 3.5 cr per acre. Similarly, the land rates have been fixed at Rs 1.5-2 cr per acre for the inner parts of property in zirakpur. Collector Rates Zirakpur Property LocationsPrevious NEW Main Road ( Per acre)Rs 1 cr3.5 cr Agricultural Land in Inner parts ( per acre)Rs 1.5 crRs 1.5-2 cr Commercial Property ( per sq yard)Rs 9,000Rs 18,000 Residential plots in named colony ( per sq yard) Rs 5,000Rs 9,000 Independent residential plots ( per sq yard)Rs 4,500Rs 8,000 Building Map Fees Residential Plot SizePreviousNEW 50-125 sq yardsRs 80Rs 323 flat rate for all sizes 250 sq yardsRs 213 Commercial plots All sizes Rs 350RS 2,815

For commercial properties the rates have been increased from Rs 9000 to Rs 18,000 per sq yard. The rates in approved residential colonies have been increased to Rs 9000 from Rs 5000 and for residential sites without any name of the colony; the rate has been fixed at Rs 8,000 per sq yard.

Hiking and fixing a same cost for building map approval fees for all sizes of plots will have direct impact on the property owner of small residential houses as it was Rs 80 instead of Rs 323 per sq yard now. For commercial property, there is a substantial hike in the rates; it has been increased from Rs 350 per sq yard to Rs 2,815 per sq yard. According to property consultants, -an end customer / buyer in the region would opt for flats in developments instead of plots due to hike in collector rates and building map approval fees-.

Hottest Residential Property Destinations in Pune

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Pune, the second largest city of Maharashtra, is a perfect example that development is a byproduct of hard work and foresight. Pune is one place that has developed leap and bounds by turning all the once known rural areas into industrial townships and residential complexes. The development shown by the city is immense and today, it houses several residential and commercial projects. >

With Pune becoming an IT hub, many people have migrated from different parts of the country and have settled down in the city. Thus, the real estate industry has boomed and as a result there are some hot selling residential properties in Pune. Following are some of the hottest residential property destinations in Pune:

Kharadi

Kharadi is a township in Pune that has developed by leap and bound into a beautiful urban city. This is after it was a dismissed land in the last 10 years. Its situated in the eastern corridor of Pune and owning a property there has lots of advantages as its near to the airport and main areas such as Magarpatta City, Koregaon Park, Kalyani Nagar etc.

Wagholi

Wagholi is definitely one of the promising hot property destinations in Pune and is developing quite excellently with the determined efforts of the locals as well as the Maharashtra government. Buying a property here would turn out to be a very good investment in the near future.

Viman Nagar

Viman Nagar has derived its name from the Air Force Station positioned nearby. Its growth rate is terrific as it is situated just a kilometer from the international airport and 6 kms from Pune railway station. It’s proximity to Kharadi and Magarpatta City is also one of the reasons for it to be known as one of the hottest property destinations in Pune.

If you are looking for real estate developers in Pune want to buy a residential plot then there are no better places than the above three.

Tips to Speed up the Process of Selling Property

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Reports and studies reveal that property investors are increasing at an exponential pace. People residing in different parts of the world invest money in property to earn high returns. Considering the results of these studies, one may think that it is easy to sell a property. But, upon entering the market it can be easily seen that selling a property is not as easy as it appears. A seller has to market his property in the right way to the right people so that deal can be finalized in minimum possible time. People who deal into sale and purchase of property frequently are aware of marketing tactics. And those who are selling property for the first time can refer to the tips mentioned below.ow.

Let People Know – People would come to buy your property only when they know it is up for sale. There is nothing wrong in putting up signboards in your yard. For best results, think of some creative ideas for making attractive signboards.

Paint Your Property with Attractive Colors – In Burlington Vt real estate industry, people believe in the saying – -First Impression is the Last Impression-. If the property does not look good from outside, nobody would bother to enter in and have a look. To sell off your property without waiting much, paint it with bright colors.

Keep Your Surroundings Clean – It is true that one should keep his surroundings clean always but extra care should be taken when you are selling off a property.

Get the Building Repaired – You are no more going to live in that house but still you must get it repaired to get good price for your building. Repairing costs a few hundred dollars but it may increase the value of your property by thousands of dollars.

Run Ads in Newspapers – For quick results, run ads for your property in newspaper. By doing so, you cannot only target a larger audience but get quick queries too. Running ads in newspaper is not very expensive and can be taken help of with ease.

Inform Real Estate Agents About Your Property – Apart from running ads in newspapers, you can register your property with Burlington Vt real estate agents too. Find a list of agents in your area and ask them to bring clients for the building. These agents work on commission basis but are worth trying.

Take Help of Internet – Last but the most popular way is to list Vt real estate for sale on free directories available on the Internet.

Author Bio:-

John Smith has five year experience as a content author in Maple Sweet, Dealing in Waitsfield Vt Real Estate and property in Vermont. Get all real estate business information for Mad River Valley and Mad River Valley at maplesweet.com.

Book A Plot At Bestech City Dharuhera New Residential Property In Gurgaon

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Bestech City is a new residential property in Gurgaon. Situated at Dharuhera in Gurgaon, Bestech City is a huge housing project spread out over a total area of 58 acres of land, and comprises of independent plots for sale in Gurgaon.

Strategically located along the Delhi-Jaipur highway, the plots for sale at Bestech City have been divided into two categories: above 300 sq. yards and below 300 sq. yards.

The plots for sale above 300 sq. yards have been priced at an approximate basic sale price of Rs. 13000 per sq. yard, and those below 300 sq. yards have been priced at Rs. 13750 per sq. yard.
Bestech City Dharuhera is a residential property for sale in Gurgaon that promises an ultramodern lifestyle away from all the noise and pollution in the city, while at the same time being well-connected to most major points of interest in Gurgaon and adjoining areas like Manesar.

If you wish to book a plot in Gurgaon, Bestech City is one of the best options to invest in residential property in Dharuhera, as the project stands true to its name Bestech. The site is located next to NH-8, which makes Bestech City easily accessible from all parts of Gurgaon. Highlights of the amenities that shall be availed by those who buy a plot at Bestech City Dharuhera include 24*7 security surveillance, infra structure comprising of medical facility, educational institutions and recreational centers all within the township itself.

Bestech City Dharuhera is being developed in Gurgaon by the Bestech Group, which happens to be one of the leading providers of real estate property in Gurgaon.
Bestech group strives to achieve maximum customer satisfaction by delivering high quality residential property in Gurgaon in a timely and efficient manner. Bestech City Gurgaon is a one-of-its-kind project in Gurgaon, which is sure to be a sell-out.

How To Buy Foreclosure Property

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If you are planning to buy foreclosure property then the below mentioned tips could prove to be very useful for you. You can start by searching fir foreclosure properties from sources such as classified in newspapers and websites. You can also check out listings placed under auction sales and foreclosure notices. You can also get in touch with real estate agents and attorneys and tell them that you are interested in buying foreclosure properties. The next source you can try is the local lending institutions such as Federal Housing Administration and the Department of Housing. These institutions have a lot of information on foreclosure properties in the respective areas. Also you can investigate foreclosure proceedings in your state as well.

You should make efforts to inspect the foreclosure properties so as to find out their market value and also find out the sale prices of similar properties in the same area. You should then determine the existing liens and also do a property title search of the foreclosure property in question. Contacting a trustee of the foreclosure sale and find out the minimum bid that the lender is ready to accept will also help. Also find out how you will arrange for finance for buying the foreclosure property in case you win the auction. You can also start by making an offer of a written bid to the lender of the sale.

Check out the ads on Google and other classified sites and you are sure to get loads of information on all foreclosure property sales. Find out if you are able to get good home loan offers from financial institutions in case you wont be able to pay all the dues from your pocket at the time of the sale. Remember that you dont take foreclosure proceedings lightly. They can be quite complicated and hence it is vital that you go through the laws of the foreclosure in your respective state. Do not forget to inspect the property before you go for the auction. In some cases there might be a redemption period where the owner of the property may claim it back in case he arranges for funds to pay off his debts. You should be aware of such information, if any.

Following all the tips mentioned above will go a long way in helping you get an upper hand in a foreclosure deal.