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Showing posts with label property in jaipur. Show all posts
Showing posts with label property in jaipur. Show all posts
Thursday, May 3, 2012
Tuesday, July 12, 2011
Area Of House - Understand The Terms And Language
Buyers of real estate should be very aware of what the builder or seller implies when he talks about area. What area is inclusive of and what it is not is the first clarification a buyer should seek.
For instance, a builder may tell a potential buyer that his quote is based on an area covering 3,000 sq ft. And, it may seem like a bargain. But what the buildermay be referring to is super built-up area while the unfortunate buyer is under the assumption that it is the amount of area he will get in his apartment.
Carpet area is the least inclusive. It will tell you exactly how much of space you will have in your home. It is literally defined as the exact area within the walls of your home. To illustrate, if you had to lay out a wall-to-wall carpet, how much area would it require? That's carpet area.
Built-up area goes one step ahead and includes carpet area and the area being occupied by the walls of your home. Hence, the total area of your home including the area of the walls.
Super built-up area is what builders often talk about. It is inclusive of carpet and built-up area. It also includes all the area under common spaces - the apartment's proportionate share of the lobby, staircase, elevator and corridor outside the apartment.
The confusion arises over the fact that what is exactly included under this definition is left to the discretion of the builders. Some may even include the terrace, security room, electrical room or pump room.
The total area of these "extras" is taken into account and divided by the number of apartments in proportion to their size.
Old buildings generally have a higher percentage of carpet area (around 80%) to total area as compared to new buildings, where it could be as low as 65% to 70%. So when you compare quotes, compare carpet area to carpet area, notcarpet area to super built-up area.
Speak the same language as your builder. There is no fixed ratio of super built-up to built-up or carpet area. The market practice is that the ratios are on the super built-up area and are marked down. That means, if the super built-up area is 100 and the carpet area 80, the latter is 80% of the super built-up area. Generally, the ratios in the market are 70:30 (super built-up to carpet). But, builders have been known to go as low as 60%. So a quote on a 3,000 sq ft apartment could mean a carpet area of anywhere from 1,800 sq ft to 2,400 sq ft.
Always ask the seller exactly how much the super built-up area and the carpet area amount to. And then ensure that this break-up appears in the Agreement of Sale.
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For instance, a builder may tell a potential buyer that his quote is based on an area covering 3,000 sq ft. And, it may seem like a bargain. But what the buildermay be referring to is super built-up area while the unfortunate buyer is under the assumption that it is the amount of area he will get in his apartment.
TYPES OF AREA
Carpet Area :
Built-up Area :
Super Built-up Area :
The confusion arises over the fact that what is exactly included under this definition is left to the discretion of the builders. Some may even include the terrace, security room, electrical room or pump room.
The total area of these "extras" is taken into account and divided by the number of apartments in proportion to their size.
What you must be aware of :
Speak the same language as your builder. There is no fixed ratio of super built-up to built-up or carpet area. The market practice is that the ratios are on the super built-up area and are marked down. That means, if the super built-up area is 100 and the carpet area 80, the latter is 80% of the super built-up area. Generally, the ratios in the market are 70:30 (super built-up to carpet). But, builders have been known to go as low as 60%. So a quote on a 3,000 sq ft apartment could mean a carpet area of anywhere from 1,800 sq ft to 2,400 sq ft.
Always ask the seller exactly how much the super built-up area and the carpet area amount to. And then ensure that this break-up appears in the Agreement of Sale.
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Wednesday, June 8, 2011
Real Estate 2011 - How it is going and How it will Go???
After one and a half years of gradual consolidation, real estate in India has fathomed its own comfortable ground, and is poised at the right threshold to take a giant leap in years to come. While a differential pace of strengthening is evident across sectors, geographies and segments, several property market indicators point to the fact that the industry has indeed bottomed out in the current cycle. The fears of a possible double dip recovery have given way to beliefs in the sustained healthy levels, if not a rapid growth.
The experience thus gained in this slowdown is invaluable and will serve real estatestrategists for years to come. The various stakeholders in the entire supply chain – the material manufacturers, developers, property consultants, occupiers, investors and policy makers, have all emerged stronger and primed than yesteryears. And, if we have taken our lessons right, ‘caution’ and ‘diligence’ would be the keywords for the industry in the medium term.
On one hand, the stakeholders can’t afford to sway on the riding waves of healthy demand, and lose the ground advantage that they have so painfully regained by adapting to the rapidly changing business environment. And on the other, the emerging opportunities should be targeted with an unmatched fervor of potential and pragmatism.
The year 2011 would usher a new decade of opportunities for Indian real estate, which will be a test of sorts for its stakeholders between these two fringes of the fulcrum. And the winners would be the ones who balance caution with diligence evaluating all the potential opportunities with pragmatism.
◦Office rents to start appreciating after mid-2011
◦More outright purchases by occupiers as well as private equity players
◦IT/ITES and BFSI would continue to account for 60-70% of office demand
◦More outright purchases by occupiers as well as private equity players
◦IT/ITES and BFSI would continue to account for 60-70% of office demand
◦Launch of premium products to continue, albeit at a slower pace
◦Launch of Ultra Low Cost (ULC) Housing by private developers – ‘Housing for all’
◦Large number of launches would continue to be in the range of INR 2,000-3,000 per sq ft at the leapfrogged suburban locations
◦Impact on affordability will influence the price and absorption dynamics
◦Sustainability to gain focus as the industry looks forward towards IGBC Green Homes standards
◦Launch of Ultra Low Cost (ULC) Housing by private developers – ‘Housing for all’
◦Large number of launches would continue to be in the range of INR 2,000-3,000 per sq ft at the leapfrogged suburban locations
◦Impact on affordability will influence the price and absorption dynamics
◦Sustainability to gain focus as the industry looks forward towards IGBC Green Homes standards
◦More collaborative models such as revenue sharing to emerge in the sector
◦Rents to remain stable except select prime locations
◦Large number of malls slated to become operational
◦Retailers would continue to expand beyond Tier I into Tier II and III cities
◦More international retailers to venture into India.
◦Rents to remain stable except select prime locations
◦Large number of malls slated to become operational
◦Retailers would continue to expand beyond Tier I into Tier II and III cities
◦More international retailers to venture into India.
Wednesday, March 2, 2011
Shyam Raj Residency – Pleasure of Living near the God.......
Shyam Raj Residency, An exclusive apartment complex at Khatu Shyam Ji. A delightful blend of modern lifestyle with subtle and spiritual hues, Shyam Raj is the devotee’s dream come true.
Shyam Raj Residency is a low rise residential project with a twist of contemporary architecture. The project comprises of 7 Towers with 50 units in each tower, numbering to a total of 350 apartments in the 1st. phase. Apart from quality residential units, the complex also has beautiful landscaping with a children’s park and other recreational facilities.
- Earth quake resistant RCC structure.
- Low rise building with low maintenance charges.
- Optimized layout for sunlight and air circulation.
- Common dining and kitchen.
- Landscaped gardens with fountains.
- Fully furnished option.
- Ample green area.
- Rainwater harvesting system.
- Dormitory for drivers/servants.
- 24 hours secuirity.
- Meditation/Yoga Hall.
- Community hall.
- Pure veg bhojnalaya.
- Vedic spa.
- Separate play area for children.
- Convenience shops.
- Badminton court/TT room.
- 24 hours cold & hot water facility.
- Easy access to flat (lift facility).
- Superior quality plumbing fixtures.
- Concealed fire retardant electrical wiring.
- 100% power backup for common areas.
- Vitrified tiles/marble flooring.
- Granite counters in kitchen.
- Modern firefighting system.
- Cab facility to & from Jaipur.
- Laundry facility.
- Rent facility through WPCL.
- Doctor on call.
- Housekeeping facilities as per requirements.
Shyam Raj Residency is nestled amidst acres of green, agricultural land, offering a pure and healthy environment. The complex is well connected with approach roads from Chomu and Ringas Highway
and yet is at a comfortable distance from the expressway traffic.
For more info please feel free to Contact us.
Vikas Ahuja
9829012409
Mukesh Sharma
9001096161
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.
Friday, October 22, 2010
Jaipur Property Club - Grow with us
Jaipurpropertyclub.com is a very quickly growing real estate & property firm and portal. Its first ever property portal of Jaipur city and now we are representing all over Rajasthan. Jaipurpropertyclub is No.1 seated property portel of Rajasthan. We deal in all kind of Builder’s projects and properties.
At here you will find all projects of builders working in Jaipur and Rajasthan, all kind of properties, residential and commercial property, house, flat, multistory apartments, builders floor apartments, plots, lands, agricultural lands, commercial shop, showroom, office, commercial land, industrial land, industrial plot, industrial shed, factory, hotel, hostel, paying guest etc.
Also some more features like – Home Loan, Home Insurance, Moduler kitchen, Furniture, Modern Furniture, Vastu, Feng Shui, Architect, Interior Designing, Marble & Tiles, Marble & Granite etc.
So come and grow with use.
For more details :-
Contact at : contact@jaipurpropertyclub.com
Call Us : 0141-4014411, +91 – 9829012409, 9001096161
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