Monday 19 August 2013

What is the paperwork that a customer should look, before buying a builder flat?

It is very important to look for the below mentioned paperwork, if you are planning to buy a builder flat. Look into the information, whether the lease deed is registered in the name of the company that you are buying from. Also look into the information pertaining to various statutory approvals like, environment, fire and aviation for the builder flat that you are purchasing.
Also, it is important to take a look at maps and layouts and see if the same is been sanctioned by the authorities and are available for your perusal.
Also understand, if the project is approved for loan by a bank, the possibility is that if it is approved, many of these criteria would have already been done by the bank.
http://www.bookmychoice.com

Saturday 17 August 2013

NEW LAUNCH:Aditya City Apartments NH 24, Ghaziabad

Aditya City Apartments NH 24, Ghaziabad

A self sufficient township of 185 acres with abundance of lifestyle elements has planned earmarking of space for residential, commercial, corporate and others like medical centre, schools, post office etc. so that you have your own world within your neighborhood. At, Aditya World City, there is a lot for everyone- Apartments, Penthouses, Plots, and Villas as residential options, whereas mall offers commercial options for multiplex, hyper markets, food courts, & anchor stores Aditya world City belongs to next generation architects and engineers as far as planning facilities, amenities and infrastructure go.

for info:http://www.bookmychoice.com/Search_Agent.aspx?Type=city&Location=0&city=10

Vasilia offers –WORLD –CLASS PREMIUM HOUSING IN NOIDA

Wave presents Wave Vasilia High Life Serviced Residences in Noida.

Wave presents Wave Vasilia High Life Serviced Residences. Both finely crafted and thoughtfully designed to match your lifestyle and to cater to your every need. Comprising 2/3 BHK options, these residences are located in Sector 32 Noida, right in the heart of the city. They are built in a combination of both high and mid rise towers ranging from 12 to 33 floors, offering a fine mix of opulence and privacy. Constructed from podium level upwards, these residences are thoughtfully crafted to suit all your needs. With retail shops in the ground level, your basic necessities are always taken care of. Come, experience the high life at Wave Vasilia

For info-http://www.bookmychoice.com/ProjectDetail.aspx?city=6

Friday 16 August 2013

Project Launch: Gaursons Sports Wood, Sector 79 Noida

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Friday 13 July 2012

Authority offers plots to Noida’s nursing homes

NOIDA: Offering relief to the 50-odd nursing homes operating from residential plots displaced by a Supreme Court order, Noida Authority has decided to launch a scheme to allot them alternate plots across the city. This decision was approved in the 176th board meeting of the Authority on Monday.

Authority CEO, Sanjeev Saran, said, “To begin with, a scheme for 11 plots across the city, ranging between 1,000 and 1,950 sqm will be launched soon. Allotments will be made to interested parties by August 3. In case more nursing homes show interest, the Authority will think about allotting more plots.” The price of the plots will be at par with prevailing prices in the sectors where they will be located, he added.

The Authority’s decision to help the displaced nursing homes relocate is in accordance with the Supreme Court order dated May 4, 2012. The court had at the time directed the Authority to allot land at reasonable rates within three months. The court had also clarified that the benefit would not apply to individual doctors.

Following the December 5, 2011 Supreme Court ruling directing all nursing homes and banks to shift out of residential plots, the Noida Authority had directed them to shut operations immediately. The Authority then conducted a new survey of the residential sectors to identify defaulting nursing homes and to segregate them from clinics that are operating from the permissible 25% area of the total FAR of residential plots.

Displaced nursing home owners then approached the apex court seeking relief. The Supreme Court then permitted clinics to house one bed for emergency cases on the condition that the area of operation would be restricted to the permissible 25% area of the ground floor of their respective premises.

In the board meeting, the Authority also announced that a scheme offering 15 more plots across the city will be launched soon to help relocate the displaced bank branches that had earlier been operating from residential plots.

NH-24 to be widened soon

NOIDA: Widening of the NH-24 between the Delhi border and Dasna into a six-lane corridor is finally going to start this month after the Noida Authority and National Highways Authority of India met on Tuesday and gave approval to the project. While tenders for the proposed project will be released later this month, the widening is estimated to cost Rs 150 crore.

The broadening of the 21km stretch from UP Gate to Dasna, which is used by over 2 lakh vehicles on a weekday, will bring relief to commuters who often get caught in long jams. “Once this project is complete, it will improve connectivity between Delhi and parts of Ghaziabad and Noida,” said Pramanshu Kumar, Additional CEO, Noida Authority. “The expansion of NH-24 is of utmost importance. Given the traffic load on the stretch, the widening work will now be fast tracked to avoid any further delay,” Kumar said.

After the widening, an additional lane of 3.5m width will be available on either side of the carriageway. The ACEO said that five underpasses would be constructed at regular intervals so that traffic between Noida and Indirapuram would be smooth without going to NH-24.

Presently, the four-lane road from Ghaziabad border to Dasna is one of the most congested highway corridors in the country. Once completed, this stretch would become almost signal-free. Unlike the Delhi-Gurgaon expressway, this stretch will not be a toll road. Sources said this decision was taken considering that a large section of the traffic using this stretch is local. The traffic on this road is expected to grow in view of increased occupancy in residential areas along NH-24, including Indirapuram and Crossings Republik, the two big sub-cities of Ghaziabad.

Though the plan for the widening of the stretch was conceived almost six years ago, somehow it did not take off. Due to traffic congestion on UP border-Dasna stretch, the exercise to develop it as a six-lane route was re-started three years back.

The NH-24 starts from Nizamuddin from Delhi and ends at Lucknow via Hapur, Moradabad, Bareilly and Sitapur. The stretch between Nizamuddin Bridge and Indirapuram is one of the busiest during peak hours. About two years ago, the daily traffic movement on this stretch was nearly 1.4 lakh passenger car units (PCUs). A traffic survey by Rites in 2008 showed that vehicular growth on this stretch had increased by almost 200% more than the highway’s carrying capacity.

In April earlier this year, the highway ministry had proposed to carry out the work of the widening on contract and a tender was also floated, but the plan was scrapped later. NHAI had then proposed to widen this portion as part of the Delhi-Meerut expressway project on build, operate and transfer (BOT-toll) mode. In that case, private developers would have financed the entire project.

Many Noida plots for select few

Business houses and real estate developers cornered several farmhouse plots, some as many as 11 and eight, at throwaway prices in prime sectors of Noida under a scheme — which is now under a probe — floated by the government of former Uttar Pradesh chief minister Mayawati.

Over 150 were given the plots after screening by a government-appointed committee. There was no bidding. The probe was ordered in May after a note by Noida CEO Sanjeev Saran said plots of 10,000 sq m each were allotted to 120 companies and 29 individuals at low rates.

In some cases, relatives or acquaintances got multiple plots flanking the expressway connecting Noida and Greater Noida, where property prices have shot up in recent years.

The full list of beneficiaries has now been accessed by The Indian Express through a Right to Information application and government sources.

Companies promoted by Ghaziabad industrialists Gyan Prakash Goel and Anil Kumar Mittal and their family members were allotted 11 farmhouse plots, each measuring 10,000 sq m.

Real estate firm 3C Universal Developers Pvt Ltd’s promoters, directors and shareholders, and their companies took eight plots.

Dharampal Satyapal Sons Pvt Ltd, makers of Rajnigandha paan masala, and its promoters and directors together got six plots.

Businessman Gurdeep Singh Chadha, better known as Ponty Chadha, bagged a plot along with Rajinder Singh Chadha and Javed Ahmed as promoter-cum-director of Brilliant Builders Pvt Ltd. His wife Jatinder Kaur was allotted another plot as promoter-cum-director of Jagat Guru Real Estate Developers Pvt Ltd. Ajay Rastogi, an official in Ponty Chadha’s liquor business, too got a plot.

In April 2011, The Indian Express was the first to report on the farmland scheme, under which the father-son duo of lawyers Shanti Bhushan and Jayant Bhushan bagged two plots for a song.

Many Noida plots for select few

Two plots went to Unnati Infratech Pvt Ltd whose director and promoter is Alka Vikram, wife of Lalit Vikram Basantwani, who was General Manager (Finance) of the Greater Noida Industrial Development Authority and Yamuna Expressway Authority. He was suspended after Income Tax searches this year.

A plot measuring 10,360 sq m was allotted to Alka Das, wife of Akhilesh Das Gupta who is currently a BSP Rajya Sabha MP; Vineet Nayar, CEO of HCL Technologies India, took home a nearly 10,000-sq m plot. Former additional solicitor general of India Vikas Singh also got a plot. When contacted, Nayar and Singh confirmed they had been allotted plots.

The Mayawati government had acquired agricultural land in seven villages along the expressway and put them on sale under the Open Ended Scheme For Development of Farm House on Agricultural Land (OES-V) 2008-09. The scheme offered plots across Noida sectors 126, 127, 128, 131, 133, 149 A, 162, 164, 165 and 167.

An audit by the state government’s Local Fund Audit Department found that the Noida Authority fixed a rate of Rs 3,100 per sq m for the plots. In the second part of the scheme launched in September 2010, the rate was revised to Rs 3,500 per sq m plus additional location charges.

When his comments were sought on the plot rate, Anil Kumar Sharma, Chairman and Managing Director of Amrapali Group, said the rate for a farmhouse plot in the area was approximately Rs 20,000-22,000 per sq m.

Nearly two months after The Indian Express wrote about the farmland allotment to the Bhushans, the Noida Authority came up with an explanation that agricultural land was being marked for farmhouses “to avoid illegal constructions”. In a letter to Alok Kumar, Secretary, UP government, the Authority stated: “Many cities have farmhouses on agricultural land, so we propose that agricultural land be marked for farmhouses in such areas to avoid illegal constructions.”

The farmhouse plot scheme beneficiaries include:

Ghaziabad industrialists Goels and Mittals: 11 plots

Plots allotted to Ravindra Almirahs Pvt Ltd, Mars Infrabuild Pvt Ltd, AKC Hydropower (P) Ltd, Inspire Infrastructure (P) Ltd, Seven Star Buildtech Pvt Ltd, S B Coolers Pvt Ltd, AKG Infotech Pvt Ltd. Promoters, directors, shareholders of these companies include Gyan Prakash Goel, Madhu Goel, Abhinav Goel, Vaibhav Mittal, Mridula Mittal, Anil Kumar Mittal, Anil Kumar Gupta.

Vaibhav Mittal said: “We got farmhouse plots but in our individual capacity.” Asked about the 11 farmhouse plots, Gyan Prakash Goel said: “I have knowledge about a few companies, not all. Anil Mittal is a friend and business partner. But I cannot comment on farmhouses.”

3C Universal Developers Pvt Ltd: 8 plots

Individual plots allotted to Nirmal Singh, Surpreet Singh Suri, Vidur Bhardwaj and wife Richa Bhardwaj — all shown as promoters and directors — Constant eFine Infosoftech (P) Ltd, Comprehensive IT Developers (P) Ltd, MD Web Designers (P) Ltd and M/s Challengerz Web Solutions (P) Ltd.

Nirmal Singh said: “We got farmhouses. But different directors got it, not the company 3C.”

Dharampal Satyapal Group: 6 plots

Plots allotted to Dharampal Satyapal Sons Pvt Ltd (promoters, directors, shareholders are Rajiv Kumar, Ravinder Kumar, Atul Jain, Raghav Gupta, Rita Kumar Gupta); Rajiv Kumar; Spiritual Infrastructure (P) Ltd (Rajiv Kumar and Sunita Gupta are listed promoters, directors and shareholders); Baba Global Ltd (promoters, directors and shareholders are Ravinder Kumar, Sunita Gupta, Raghav Kumar, M/s Dharampal Satyapal, Rajiv Kumar, while Raj Kumar Kakraini is its full-time director); DS Infra Projects P Ltd (Rajiv Kumar is shown as director/promoter/shareholder); Gatik Infratech Pvt Ltd ( Rajiv Kumar is shown as director/promoter/shareholder).

Brig (retd) Mahendra Kumar, who represented Rajiv Kumar in the interview for the plots, said being an employee, he could not say much.

Agarwals of Sainik Farms, New Delhi: 5 plots

Plots allotted to Titli Exports (P) Ltd, Kanha Propmart (P) Ltd, Symbiosis Textiles (P) Ltd, Great Value Buildwell (P) Ltd, Dreamland Exim Pvt Ltd. The addresses of the companies are that of the Agarwal residence at 58A/4 Sainik Farms, New Delhi. Promoters, directors and shareholders of these companies include Manoj Kumar Agarwal, Navratan Agarwal, Pragya Agarwal, Umesh Agarwal, Mayank Agarwal and Sachin Agarwal.

Mayank Agarwal said family members are shareholders/promoters and directors in the companies that have been allotted farmhouse plots. Manoj Agarwal said some of his companies had been given to relatives and friends.

Ponty Chadha’s Brilliant Builders (P) Ltd & Jagat Guru Real Estate Developers (P) Ltd: 3 plots

Two plots allotted to Brilliant Builders. Rajinder Singh Chadha and Javed Ahmed are its promoters and directors while Gurdeep Singh Chadha is listed as a shareholder. Another plot allotted to Jagat Guru Real Estate Developers whose promoters are Jatinder Kaur, wife of Gurdeep Singh Chadha, and Lalit Kapoor.

M S Mehra, PA to the Chadhas, said: “Yes, Brilliant Builders and Jagat Guru Real Estate Developers are Ponty Sir’s companies and have got farmhouse plots. But the family is not here to comment on the issue.”

Sunil Chopra & Group Companies: 3 plots

Plots allotted to Sunil Chopra (promoter of Windsor projects), Dyna Infosoft (P) Ltd and Apra Motels (P) Ltd.

Chopra said: “I have only one farmhouse plot in my name. Dyna belongs to my relatives which I bought later along with Apra Motels.”