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News
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Divya aashirwad
collobration with frans
companies |
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Gurgaon based realty
player Divya Aashirwad
Properties has joined
hands with French snow
manufacturer Technofun
to set up an indoor Snow
World at its Rs
300-crore theme based
metropolitan mall in
Jaipur. The French
company would provide
technical assistance and
technology in setting up
snow factory at the
mall. the Rs 30-crore
Snow World spread across
15,000 sq feet would
have latest snow gaming
for children as well as
for adults. �We will
have all the modern
games including
sledging, snow-carting,
slides, climbing and
snow discovery.
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A boom in realty
sector |
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The vibrant real estate
market in Jaipur has
opened up new
opportunities of
investment in the last
few years and the year
2006 has seen a wide
array of opportunities
being created.
Investments in the
property market have
been on a run with
investors getting more
than their expectations.
Because of this boom in
property market, there
has been an excess of
supply coming into the
residential and
commercial segments,
especially in the
suburbs of Jaipur.
According to the realty
consultants various
projects like SEZ,
Reliance retail,and IT
Park, among others are
expected to increase the
realty sector of the
city by 25 to 30 percent
in the next three to
five years. Experts say
that the commercial
sector is expected to
dominate realty demand
in 2007. with the city
facing the shortage of
big corporate and office
space, the start of
corporate investment in
the city would further
fuel the crises. This
would eventually
increase the commercial
prices by another 20 to
25 percent. So hurry and
avail the offer before
it gets too late. |
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Things To Take
Care Of While Buying A
Property. |
• Make sure that the
inner spaces of the
apartment are not
visible from outside.
• If the property is
under construction, you
must have information on
various related issues
like raw materials etc.
• Sometimes the builders
give a smaller than
promised apartments, so
please be sure that they
do not play this dirty
game.
• Please check that the
builder has the
authority to sell and
also has the title and
possession as well as
the right to transfer.
• Check whether the
building or developer
has the necessary
approvals from the
corporation area
development authorities,
electricity boards,
water supply and sewage
boards.
• Once the ownership
title is approved and
the apartment is
transferred to the
buyer, he is entitled to
receive a share
certificate bearing his
name. |
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Legal Concerns
In Buying A Property
|
|
Buying a house is a very
difficult task and
requires a great deal of
deliberations on the
part of the purchaser.
Legal documents form a
very important part in
this series. Here are
some things, which you
should keep in mind
while buying a property:
Assessment of value
While buying a property,
make sure that the price
is in accordance with
the existing market
rates. A good realtor
can advice you fully on
this aspect. Documents
of the building/project
It's mandatory to check
the reliability of the
developer before you
commit to any property.
Checking the builders
past records along with
the visits to his past
projects could make one
ascertain his
reputation. Timely
possession, quality of
the construction
materials, penalty
clauses, providing
facilities are a few
things which one should
keep in mind while
identifying a developer.
Technical Verification
In order to find out
about the quality of the
structure, get the
opinion of any private
structural engineer for
certification. Stamp
Duty No transaction is
complete unless it is
duly stamped, that the
buyer has paid the
appropriate stamp duty.
So please be very
careful. |
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Real Estate developments in Jaipur |
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From the manors and huge mansions to small duplexes or multi-storied
apartments and shopping
malls the real estate
market of Jaipur has
been on a run. Having
experienced a fresh
investment of about Rs
3000 crore real-estate
market has become more
institutionalized. With
the presence of various
large players and
investors, the city
would soon witness many
state-of-the-art multi
million ventures.
Eventually the real
estate sector which has
long been an unorganized
sector will now
transform into an
organized sector. Even
the Foreign investments
are playing a major role
in the development of
the city “Jaipur”.
According to the experts
many foreign firms are
trying to collaborate
with the local builders
to set up their projects
in Jaipur. |
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