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Tuesday, December 28, 2010

Kitchen and Its Vastu

Everybody dreams of a spacious kitchen. A kitchen is a room used for food preparation. Kitchens that cook: it;s the busiest room in the house-but it may be the least efficient. Make a few simple changes, and you can savor the sheer pleasure of preparing and sharing food. The article focuses on the criteria of designing kitchens by following steps that should be considered before designing and new kitchen and modifying the existing one. A kitchen should honor the ritual of cooking," says kathleen cox, author of the power of vastu living.

There is a saying goes that "To way to a man's heart is through his stomach", so kitchen is the only place from where one can win anyone's heart. For a house wife , this is a place where she has to spend the maximum of the time and for a working woman , it should be so that, she feels fresh as she enters the kitchen, tired . There is no ambience in the home more loved and lived in by all the members of the family, the best of the family , the best place to savour the pleasure of being together with all the tastes , memories and daily habits of the family . These are feelings which need a suitable ambience , where the warmth of wood combines with the strong character of the stony materials , such as marble and granite of table tops and the counter . Every family has different expectation of their kitchens as they follow different cultures. While the basic function of the kitchen is to serve as an area for the preparation of the food , the need of each individual household differ and often the kitchen has to cater to additional and varying requirements. A kitchen layout should be customized to the specific requirements and needs of the users . Hence , it is important to ascertain the individual preferences overall lifestyle and eating habits of the direct users . There are various practical points that must be considered and discussed before commencing the designing of a new kitchen or the modification of an existing one .

· DESIGNING : Before designing the kitchen , one should identify the tasks to be performed in the kitchen. A kitchen should be designed to match the preferred style of the individual user and the general décor of the rest of the house . It may be designed in a country / farmhouse , contemporary , colonial / English , laboratory , futuristic / high-tech , European / Mediterranean or ethnic style with matching decor and finishes .

· PLANNING : Kitchen planning revolves around the three main work centers -storage , washing and cooking. These form three corners of the triangle . These centers should be connected with the work counters. The work pattern generally moves from the décor to the functional flow of traffic in the kitchen.

· STORAGE : The most important aspect of the kitchen design is a well planned storage. It can facilitate or impede the main task of cooking and keep the kitchen either tidy or a mess at the end of the day. Storage units have a variety of internal arrangements and dimensions to suit the items they are going to contain.

· FLOORING : Flooring should be non slippery , resilient , hard wearing and easy to clean. Marble is the most common choice but one can also go for Kotah stone too. Granite tends to be slippery when wet.

· LIGHTING : Kitchen lighting should be bright and functional . Care should be taken to ensure that the light does not cast shadow on the major working areas. Light fitted on the underside of the overhead cabinets light up the counters effectively.

· VENTILATION : Ventilation is the most important aspect that should be taken care of properly. Kitchen is a area which generates lot of odour and smoke , thus this has to immediately emmited out. An exhaust fan is a considerable help in dispelling smell and for air circulation also.

· The hob also has a central position with a canopy formed by its hood, which destroys odours and fills the ambiance with light at the same time. The electrical appliances are carefully concealed beneath the worktop . Function and harmony should be the dominating characteristics of the present collections. · Kitchen walls should be able to withstand all kinds of fumes and splashes. The walls in most kitchens are usually painted. Good quality plastic emulsion paint for areas under the sink and near the wash area. · The sink plays an important role in overall efficiency of the kitchen, linking cooking accessories. Even if you have a dishwasher, a roomy, easy to clean sink is still essential.

· The counter top is the most wear tear area. Materials such as stones, glazed enamel tiles, stainless steel, laminates can be used for counters and each has its own pros and cons. Thus, the basic concept is to finish this ambiance which is the most lived in the entire family with the aim of making it a place in which it is pleasing to be together . To create , therefore , a little domestic paradise in which several people , all there together will find it easy to move about among extremely functional articles . There is no need for large spaces , but it is attractive and welcoming , perfectly in tune with the surroundings with the reminder and exaltation of stories , traditions and rediscovered family values.

Friday, December 24, 2010

Delhi Real Estate - DDA Scheme infected the prices

DDA housing scheme is has come a boon for aspiring home buyers as it has forced even small developers in the National Capital Region (NCR) to dole out hefty discounts and freebies like cars, LCD TVs and international holiday packages to woo buyers.

The DDA housing scheme 2010 has a total of 18,235 flats on offer, right from one-bedroom- hall-kitchen (BHK) to four-BHK.

Many banks are already financing the bookings and the response from the buyers has also been quite positive. The DDA officials plan to sell as many as 25 lakh forms this year.The catch here is the number of flats on offer, which is almost three times the total number of flats that were offered by DDA’s in 2008. However, this apparent advantage for buyers is proving to be a hurdle for the private developers, especially the small ones. 

“Home sales had already dropped in past sixth months. Now, the DDA scheme has proved to be another dampener. Most of the potential buyers in the market have applied for it and they are not looking for other options till the results are out,” a property dealer in Dwarka told MAIL TODAY . 

“As the whole lottery system of DDA will take at least three to four months, buyers are holding onto their plans. That is why   some developers are going for discounts and freebies, especially in the Noida, Noida extension and Faridabad region,” he added. One developer, Supertech, which had started the Rs 10 lakhflat scheme, is now offering a free car with every booking in the EcoVillage, Noida Extension. 

The developer is offering an Alto car with flat sizes between 795 sq ft and 1275 sq ft; a Zen with 1340 sq ft and 1595 sq ft and a Swift with flat sizes of 1750 sq ft to 2275 sq ft area at EcoVillage. Similarly, another developer, RG Builder, is offering a lucky draw with every booking of its luxury  apartments, where any buyer stands to win a car or a bike. 

Rishab Developers of Indirapuram is offering discounts up to 15 per cent for its two- BHK flats. Ferrous heights, in Faridabad, have come up with a new scheme where buyers are not required to pay EMI till they get possession of the house.

The buyers have to pay 15 per cent of the home price at the time of booking. Many other small developers are offering LCDs and free holiday coupons with new bookings.Developers said this is not just because of the DDA housing scheme but the stiff competition among the NCR developers. The situation is little different in the Capital. 

Even as home sales figures are not very encouraging, brokers are holding onto the prevailing rate rather than resorting to any discount or freebies.


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Tuesday, December 21, 2010

Home Improvement Loan

Make your old home into a new one with Home improvement loan :-


While it is common knowledge that banks lend money to buy a home, few are aware of their home improvement loan products.


People can approach a bank and seek a loan towards the home improvement project. What is home improvement? Home improvement includes tasks that enhances comfort of your property, beautifies and upgrades your property, and takes care of maintenance and repairs.


Some typical home improvement works : 

Water-proofing and sound-proofing Reworking on plumbing and electrical systems Wood work Painting Flooring Upgrading the kitchen and bathroom fixtures Repairs to foundation, drainage Masonry and concrete works Garden and lawn improvement Addition of swimming pool, sit-out, fencing Installing fire and electrical safety features Converting unused areas like attics into usable living space 

Home improvement is also called renovation or remodeling. Most lenders finance up to 85 percent of the cost of renovation, depending on the market value of the property. If you are an existing customer then some banks may lend the entire 100 percent of the renovation cost. Borrowers can use this money for internal and external repairs, and other structural improvements including painting, waterproofing, plumbing and electric works. 

Land purchase loan : 

This can be explored if you are keen on investing in a piece of land. Some people may want to construct a house on it while others may prefer to keep it as an investment. Land purchase loan is a convenient loan facility that helps you purchase land with financing of up to 85 percent of the cost of land. The maximum timeframe for loan repayment is usually 15 years. 

Home loans are the most popular products with homebuyers. As much as 85 percent of the cost of buying a house is given by the bank while the remaining money has to be brought in by the applicant as margin money. You can avail a home loan to purchase a new or resale property, construct your own house. 

Home extension loan : 

This is meant to be used for the extension of an existing dwelling unit by the borrower. You can opt for a home extension loan when you want to increase the space in your house.



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Monday, December 13, 2010

How To Find an Apartment

Finding an apartment to rent is a really time consuming and essential venture. It may seem like a challenging task in the beginning, but when one takes the time to become educated on the apartment options, the experience will be a lot more enjoyable. A lot of people fail to examine apartments completely, and have a clear idea of what they want. Consequently, the apartment shopping experience can frequently be discouraging. Looking for certain key elements in an apartment could make yield higher satisfaction.

When searching for an apartment, it’s always best to have an idea of what you want. Figuring out certain price ranges before you begin taking a look at apartments will save you a lot of time. Additionally, take into consideration what kind of apartment you would be enthusiastic about. How many bedrooms and indoor square footage an apartment has is very important to most people. Also, try to get at least some kind of idea of what type of neighborhood you are searching for. When searching for an apartment, you want something which will fit your needs.

Also consider the location. Location is very essential because of schools, jobs, and neighbors. Some apartments may appear extremely appealing, but are located in inconvenient places, or in bad neighborhoods. A few neighborhoods have too much noise and high crime rates. Better apartments will be far removed from these unpleasant elements. Sadly, the more expensive apartments are usually the apartments in better locations. This is an unavoidable fact, and ought to therefore be taken into consideration when searching for an apartment. Don’t let prices scare you into renting an apartment in a bad neighborhood.

Consider the owner and manager of the apartments. Learn if they have good reputations. The best managers are there for their tenants, and are always prepared to assist. The best owners charge a fair rent and avoid increasing rent. Some of the best owners will offer the best deals on appliances and services. When visiting an apartment, don’t be afraid to ask tenants what they think about the landlord and owner. If all of the reviews are positive, then you may have uncovered the apartment for you.

Look for apartments that have similar neighbors. If you’re a bachelor, then you might enjoy having neighbors who are single. If you have kids, then it is always a great idea to search for a family-oriented apartment complex. If you live close to people with comparable backgrounds, you’re more likely to form friendships, endure fewer conflicts, and have a much more fulfilling living experience.

Finally, think about the look of the apartment. Some apartments appear lackluster and seem filthy and unappealing. A good owner will take pride in his or her apartment complex. The best apartment complexes have good landscaping, paint
jobs, trees, and many other attractive elements. Most individuals want to be happy with where they live. Searching for a well run, appealing apartment is always a great idea.


Saturday, December 11, 2010

Small Bedroom Interior

Small Bedroom Interior Design Ideas

For a bedroom with a small space, the design should be simple and the furnishings, the color and the decoration should make it look spacious. Colors like blue and green on the walls can make the room look larger. Use a paint which has a high gloss finish as it will reflect enough light make the room look more wide and open.

The bedroom furniture should have a more compact look so that they occupy less floor space. Moreover, a large piece of furniture will look out of place in a small bedroom. Proper storage is very important in a small space as they can prevent the room from getting cluttered. You can select such furniture for these bedrooms that have storage facilities as well. Most importantly, make sure there is enough light and airflow inside the room so that it does not look dingy.

Use items made of metals, glass and other polished surface for bedroom decoration as they can reflect a lot of light. Putting up a well decorated framed mirror on a wall opposite to the window can make the room look even more brighter. Get more information on small bedroom arrangement: decorating ideas for small bedroom.

These are some of the most interesting bedroom interior design ideas. Combine all these ideas to make a unique design that suits your taste, style and requirements. Just keep in mind that the design should not give a cramped look to the bedroom and the look should make you comfortable.



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Wednesday, December 8, 2010

Kids Bedroom Interior Ideas

Kids Bedroom Interior Design Ideas

Traditionally, the pink color is associated with the wall color of the girls bedroom and blue for the boys bedroom. However, now, times have changed and you have more number of options available with you. Purple, yellow, green, red, pastel, orange, beige are the other colors which are very much liked by small kids. Whatever be the choice of the colors make sure it is a water based one so that cleaning the walls will be an easier task. Once you have finished painting, you can decorate the walls further with the help of hand painted wall murals. Pictures of fairies, geometrical shapes like square and rectangle, birds, teddy bear, cloudy sky, are preferred as girls bedroom interior design ideas. While forest themes, playhouse themes, images of reptiles, wild animals, sports cars are the choice for decorating boys bedroom. You can also use wallpapers for wall decorations.

Safety of the child is your highest priority. Therefore, the ideal flooring option should be covering the floor with carpet or wood flooring. You have to keep enough storage space in kids bedroom as they have their toys, books, crafts and other knick knacks which need to be stored properly so that the floor space remains free. Apart from the bed and cupboard, include shelving, hanging shelves, freestanding bookcases, etc. as per their requirements. The room should be adequately lit with table lamps, floor lamps, wall sconces etc. There should be enough fabrics in the form of bedsheets, curtains, pillows, throw pillows, area rugs to give a softer feel to the room. Find more on kids bedroom decorating ideas.


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Sunday, December 5, 2010

Interior for Your Master Bedroom

The design of a bedroom depends on a few major factors. The first one is who will be occupying the room. For instance, the bedroom design for an adult will be absolutely different from the design of a kids bedroom. Similarly, the size of the bedroom also matters. The design that will suit a master bedroom will not be right for a small spaced bedroom. Therefore, in this article we will be talking about a few basic bedroom interior design ideas.

Master Bedroom Interior Design Ideas

The master bedroom is the largest one among all the other bedrooms in your house. Hence, you can get a lot of scope to experiment with the designs of the bedroom. You should select a design for this bedroom in a way that it reflects the personality of its occupants. The color of the bedroom walls should have a calm and serene effect on your mind and senses. Therefore, blue, green and lavender are the most popular choice of colors. However, if you want a more youthful touch to your bedroom, then opt for some warmer colors like misty peach, buttery yellow, delicate pink, light shades of pastels and so on. If you are looking for a sober lively atmosphere in your bedroom, then opt for neutral colors like light shades of brown.

The furniture of a master bedroom include a double bed, wardrobe, dressing table, side tables and a writing table. If there is a terrace attached to the room, then you can keep some formal seating arrangements over there as well. The finish and shades of the furniture should complement well with the colors of the walls as they cover a part of the wall space.

Lighting of the room should involve proper use of both the artificial light as well as natural daylight. For artificial lights use spot lights and decorative lamps to make the room bright. Bedroom walls can be decorated with paintings or artwork or beautiful wall hangings or posters. You can give a personalized touch to the room by hanging a collage of family photographs enclosed in a decorative frame. Use of natural elements like houseplants inside the bedroom can make you feel closer to nature. Plants that bear flowers once in a month is the ideal choice for this purpose as they will bring about a change in the look of the room after every few days. Read more on master bedroom decorating ideas.


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Tuesday, November 30, 2010

Wooden Flooring - Make It New

Hardwood floors have a beautiful natural color and display interesting patterns formed on their surface. They exude warmth and have a special appeal. However, the naturally beautiful hardwood floors may also be painted to add depth to the room and make it more colorful. Painting wood floors to give rise to works of art is quite popular and the hiding/veiling of the natural patterns, swirls and colors under paint is not really considered to be sacrilegious.

It may also be that your wood flooring has faced considerable wearing and needs to be worked upon. In such case too painting may act as a fast and inexpensive way to cover up marks, imperfections etc. in the flooring. Painting also helps in enhancing the life of the flooring.


Before painting any hardwood flooring it must first be ascertained that the floor surface is clean and dry. Sweeping thoroughly or washing of the floor so as to ensure that no hair, dust particles and the like lying on it. Seams, dents or large holes, if present in the wood flooring, need to be filled up with plastic wood fillers.
Thereafter, the floor needs to be primed. Sealers are made use of in the priming process to at least partly hide the wood grain that may be observable through the paint. Urethane or varnish finishes on wood need also be sanded


Since oil resins bind well to the hardwood surface, oil paints are considered to be appropriate for hardwoods. Besides, oil paints also harden and dry quicker than water based paints. While painting, remember to always paint in the direction of the wood’s grain. Make use of quality latex floor paint for a satin finish and a latex, alkyd or polyurethane floor paint for semi-gloss or gloss finish.

Saturday, November 27, 2010

Non-Resident Indian ( NRI ) - How & Where To Invest ????

For a non-resident Indian (NRI) who has been away from home, there are many investment options across various categories. However, while other investment options can be timed, investments in real estate have to be planned well in advance, as time and costs overrun to acquire the property will be high. The input and labour costs are increasing.
While the short to medium-term investors can shop around for developed plots in order to hedge their bets, long-term investors should invariably look at apartments or villas depending on their family size and future requirements. A number of projects ranging from apartments to villas and penthouses are being launched at various locations across the city. With improved connectivity and transportation network, investments in such projects are bound to appreciate in the coming years. Those who do not immediately require a home for their occupation can minimise their initial funds outflow by opting for greenfield projects. Even an investor opting for an apartment to rent out can go for a similar project to minimise the initial liability and also phase out the payment plan.
For returning NRIs, the timing is appropriate to look at ideal options and strike a bargain deal for investments in residential projects that would be ready for occupation in a year or two. The continuing liquidity crunch has necessitated developers to tap private sources outside the banking sector in order to fund ongoing real estate projects.
This is where investors who can mobilise substantial down-payments by raising cheap funds from abroad can leverage their bargaining capacity. As part of the festival season offers, a number of developers and housing finance companies in Bangalore are offering pre-EMI interest-free options while investing in select residential projects.

Monday, November 22, 2010

Dining Room - Small but Specious

The maximum use of space can give a feel of spaciousness. Here are some ideas to decorate a small dining room.


First of all take measurement of the room and according to the size of room purchase dining table. Finding perfect space saving dining table may give the feel of largeness. Round or square table is perfect for small dining room. You can place round table in any corner of the room. Square table also requires less space than rectangular table. If there is not much space for dining, go for a folding dining table. You can use a table for both study and taking meal. If you have a small dining room, try following interior decoration ideas for making dining room spacious.


Light furniture like bamboo and cane furniture is available in market and requires less space than   wooden furniture. The top of table is covered with glass, the transparency of which gives the feel of largeness.


A small dining area can be located at the end of rectangular living room. Circular dining table and small chairs or stools are perfect for this area. In kitchen a corner can be turned into a small dining area. 


Try apt color theme such as light color for walls that gives sense of more space. Use shades of same color for walls. More than one color makes the room look small.


Big windows in dining room makes it look large. Built in shelf under window can be used as china cabinet. 


Curtains should be of soft color. Avoid heavy and dark color curtains. Go for long stripes which will add to the length of the room.


Do not use big paintings for wall decoration. Keeps one painting instead of couple of paintings? 
Diagonally installed wooden flooring will enlarge the space. White tile flooring also make the room look bigger.


Keep the room clean and clutter free. Clutter makes the room look smaller.


Mirror and glasses can be used to make room look bigger. A mirror placed at the end of room doubles the space of room. Wrought iron frame mirror are popular for decoration and are available in antique styles.


The skirting of room can be blended in with floor so that there is no line between floor and wall. This will give feel of big room.  


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Wednesday, November 17, 2010

Home Insurance Terminology

It is a protective cover offered by a General/Non Life Insurance company against natural unforeseen disasters (fire due to short circuit, gas cylinder explosion, earthquake etc.) and man-made disasters (burglary). So you are provided with financial protection in case of any damage to your property which would include both building and content provided you have selected a policy covering both.
There are mainly two types of home insurance policies available. They include
  • Building insurance: Here the building structure of your home is insured for its reconstruction value i.e. the cost incurred to reconstruct the home. Both natural and man-made calamities are covered.
  • Fire, Lightening, explosion of gas in domestic appliances
  • Bursting and overflowing of water tanks, apparatus or pipes.
  • Riot, Strike, Malicious or Terrorist Act
  • Flood, Inundation, Storm, Typhoon, Hurricane, Tornado or Cyclone
  • Damage due to earthquake, subsidence and Landslide (including Rockslide).
  • Damage caused by Aircraft & Impact damage

  • Content insurance: This is optional but with threat of burglaries, natural disasters, it is beneficial to opt for it. Content insurance provides protection to contents in the house that is not fixed to the home. The contents are covered on the market value of the items and in case of a loss; the insurance will be paid on the cost of purchasing the item less the depreciation for usage. Under this protection against various perils are provided including
    • Valuables such as jewellery, cameras and watches
    • Cover against all kinds of accidental breakage of plate glass fixed in doors and window frames
    • Loss/damage to domestic appliances due to electrical and mechanical breakdown.
    • Fire
    • Storms/flooding
    • Explosions
    • Theft and vandalism
You have a choice of buying insurance only for the building or only for the contents or for both. Buying insurance only for contents is done mainly when you are living on rent.
  • Building insurance: The value of the house is essentially area of your house multiplied by the rate of construction per sq. feet. So if you have a 500 sq. feet house and the rate of construction is Rs. 1000, then the sum assured would be Rs. 500,000. A property more than 50 years old is not insured. Also insurance companies consider only ‘Pukka/Permanent’ construction.           
  • Contents in the house: They are assessed on the market value of the items. This means in case of a loss, the claim value would be the cost of purchasing the time less depreciation for usage.
The policy provided by the home insurance companies act as a guarantee that combines insurance of the home, its contents, the personal possessions of the homeowner. The extent of the risk covered will depend on the type and content of the policy.
  • Any loss or damage by the insured and/ or insured’s domestic staff direct or indirect involvement in an attempted burglary.
  • Any loss or damage on account of loss of  money, securities for money, stamp, bullion, stock or share certificates, business books, documents of any kinds, ATM debit or credit cards, unless previously specifically declared
  • Any loss or damage to any property that is illegally acquired, kept, stored which is subject to forfeiture.
  • Any loss or damage occurring while insured’s home is unoccupied, for a period of more than 30 days consecutively and if the insured failed to inform the company about the same.
You should cancel the policy and premium will be returned to you on a pro-rata basis.
  • Inform the call center with policy details. Several insurance companies have a 24 hour call center service.
  • All necessary information will have to be furbished which includes policy number, personal details, and other details regarding your claim. Consequently, your claim request is authenticated and is escalated to the company’s claims department.
  • Company’s claims department validates and registers the request. They appoint a surveyor within 48 hours.
  • The insured submits all the relevant documents to the surveyor. The surveyor submits the Final Survey Report (FSR) along with the documents within 7-15 days.
  • If surveyor is not appointed, the company’s claims department sends a letter of requirement for submitting documents to the insured.
  • On receipt of documents, the claims department processes the claim within 7 -15 days.
  • On approval of the claim, a letter is send to the insured giving the approved amount of settlement
  • Payment cheque is released
Home insurance policy gives the home owner not only financial protection but also more importantly peace of mind as his single largest investment is protected from all hazards.

Friday, November 12, 2010

Jaipur Property Club - First Step to Your Dream Home

jaipurpropertyclub.com, our aims to connect home hunters with the widest choice of Estate Agents and Developers properties on the market. We make the experience of finding suitable homes to view easier for the general public and we make the cost per enquiry for Estate Agents and developers dramatically lower than traditional methods of advertising. The growth opportunities are enormous and the satisfaction of helping people find their next dream home is gratifying. Security in transfer of information We follow strict security procedures to ensure that your personal information is not damaged, destroyed, or disclosed to a third party without your permission and to prevent unauthorised access to it. 


The computers that store the information are kept in a secure facility with restricted physical access and we use secure firewalls and other measures to restrict electronic access. All of the information we collect or record is restricted to our offices. Only employees who need the information to perform a specific job are granted access to personally identifiable information. We will explicitly ask you when we need information to identify you. 


We may require you to co-operate with our security checks before we disclose information to you. Changes to the policy We may change this policy from time to time as we add new services or features or in response to changes in the law or our commercial arrangements. Any changes to this policy will be posted on this Site.


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Monday, November 8, 2010

Real estate terminologies

The common and simple terminologies used (in fact misused)  and often discussed in real estate industry generally end up into lots of confusion.Our aim is to provide an information for a common man  having some kind of interest in sale /purchase or renting of properties.Surely you will find it useful:
1. Built-up area: It refers to the entire floor area including carpet area, walls, lobbies and corridors, atrium areas and basement.
2. CAM: CAM stands for Common Area Maintenance. It includes maintenance of hallways, pathways and utilities.
3. Cap rate: This is also known as Capitalization Rte. It is the return on investment (ROI) on the property. It is measured by the formula: Purchase Price / Net Operating Income from the Property.
4. Carpet area: It is the actual usable area within the walls of the floor.
5. Cash on cash: It is the annual percentage return of your down payment not including appreciation.
6. CPI: The Consumer Price Index is used to calculate the annual rental increase so as to compensate for inflation.
7. Efficiency ratio: Efficiency ratio is generally expressed as a percentage of carpet to super areas of the property.
8. FSI: FSI stands for Floor space index is the quotient of the ratio of the combined gross floor area of all floors excepting areas specifically exempted under these regulations to the total area of the plot.
9. Full service lease: This is a lease where the tenant pays rent to cover everything including utilities.
10. GLA: GLA stands for Gross Leasable Area. This is the total rentable area.
11. Gross lease: This is a lease where the renter pays only rent and the landlord pays the taxes, insurance and maintenance.
12.  LOI: LOI stands for Letter of Intent. It is a non-binding offer letter to buy a commercial property.
13. Maintenance charges: These are charges taken by the maintenance society towards the maintenance of the property.
14. Market value: Market value of the property is the price that the property commands in the open market. It is calculated by the valuation process which works on “demand and supply” principle.
15. Mixed use: These are commercial properties with retail on the first floor and apartments on upper floors.
16. Registration charges: These are the fees associated with getting the legal title registered in your name. This legal activity is conducted in the sub-registrar office.
17. Stamp duty: Real Estate Stamp duty is a tax collected by the Government of India. Stamp duty is based on the market value or the agreement value whichever is greater.
18. Sale deed: Sale deed is the process by which the seller transfers all the rights on property to the buyer.
19. Super area: Super area is the entire area of the building including carpet area, walls, lobbies and corridors, lifts, staircases basements, and other atrium and utility areas.


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