In Redevelopment : Developer MOU and what it should contain

The procedure of appointment of the developer is initiated only after a tender or quotation or proposal, as the case may be, is accepted by the general body. Subsequently, a cooperative housing society with its members should execute a Memorandum of Understanding (MoU) with the developer. It is necessary to do this in order to ensure that a high level of confidence is imbued in...

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Proposed 21 Km Ring Road surrounding Milk city ANAND , Gujarat

– મિલ્કસિટીને ફરતે ૨૧ કિમીનો રિંગ રોડ બનશે – આણંદ-વિદ્યાનગર-કરમસદ અર્બન ઓથોરિટીનો સૂચિત નકશો જાહેર કરાયો – અવકૂડાને આવરી લેતો ૭પ મીટરનો રિંગ રોડ ને ૪પ મીટરના રસ્તા શહેરમાં બનશે – સને ૨૦૩૩માં અવકૂડા વિસ્તારની વસતી ૭.૭૩ લાખ થવાની ધારણાં – ટ્રાફિકને ધ્યાનમાં લઈ મહત્તમ રસ્તા ૩૦ મીટરના બનાવવામાં આવશે આણંદના વિકાસની પારાશીશી સમાન આણંદ – વિદ્યાનગર – કરમસદ અર્બન ઓથોરિટિ (અવકૂડા)નો સૂચિત નકશો જાહેર...

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The Centre has reportedly given a go-ahead for allowing the Gujarat government to raise the height of the Narmada dam from 121.92 metres to 138 metres

છેલ્લા ઘણા સમયથી નર્મદા ડેમના દરવાજાની મંજૂરીની વાતો ચાલી રહી હતી ત્યારે આજ રોજ આનંદીબહેને નર્મદા ડેમ પર દરવાજો મુકવાની મંજૂરી આપી દીધી છે. જો કે દિલ્હીમાં નર્મદા કન્ટ્રોલ ઓથોરિટીની બેઠક હાલમાં ચાલી રહી છે. તા.31-12-2006થી નર્મદા ડેમનું કામ બંધ થતાં ઉંચાઇ 121.92 મીટર થઇ હતી ત્યારબાદ 30 ગેટ મુકવાની કામગીરી બાકી રહી હતી. જો કે 1994માં રૂપિયા 40 કરોડના ખર્ચે નર્મદા ડેમના ગેટ માટેનું...

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For NRI – Adhering to some basic rules will help you navigate the real estate market in India.

In India, property prices have appreciated significantly over the past five years. However, for the overseas Indian, it has only been a marginal increase owing to the depreciation of the Indian rupee against the US dollar. This has made investments in India’s real estate sector more affordable and extremely lucrative for overseas investors. In fact at the Overseas Indian Facilitation Centre (OFIC), every other investment query is...

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Tax Tips : Tax Savings for Home Loan Interest Under Section 24 B

The principal amount in the repayment of a home loan can be added to the 80C limit of Rs1 lakh for tax savings. The interest component of home loans is allowed as deduction under Section 24 B for up to Rs1.5 lakh in case of a self-occupied house. In case the house is in the joint name of your spouse and you (joint loan), each...

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Why to Buy a green home

When Ankit Sharma, a senior manager in an MNC, recently set out to buy a house, he had a long checklist with him. Apart from the usual check points of the developer’s track record, building approvals, possession dates, etc, it included a few extras like a water recycling plant, rainwater harvesting, solar heaters, waste disposal systems, etc. After many weekends of scouting around the city...

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Modi govt ambitious on infrastructure: President Speech

From 100 new cities with world class amenities, integrated infrastructure with focus on cleanliness and sanitation to Diamond Quadrilateral Project of high-speed trains, President Pranab Mukherjee in his address to the Parliament on Monday outlined the projects to show the ambition of the Narendra Modi government about infrastructure development. “Lack of robust infrastructure is one of India’s major impediments,” the president said during the course of...

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4 hotspots to invest Rs 20-40 lakh near Mumbai

To buy a property in Mumbai may require you to make a minimum investment of Rs 1 crore, but for those who could only invest Rs 20-40 lakh, should not get dismayed. Here are the few emerging hotspots that Mumbai residents with a limited budget are looking forward to: Asangaon A part of Thane district, Asangaon is a locality that lies on Mumbai-Nashik Expressway. The area...

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