Rera Impact On Real Estate Market | Smart Property in India

RERA(real estate regulatory authority) is an act of 2016 which is made to protect the interest of home buyers and also to regulate the correct delivery of the project. this is to bring the transparency in real estate sector which was having many ambiguities earlier. It was complained  that real estate sector had many lopsided transactions which favoured builders or developers, so to remove all the complications between buyers and seller this act has been made.

although RERA is a central act but the authority to implement is totally on state govt as it is a state subject. this act is mandatory for each state and union territory to make their own regulator and frame the rules which are helpful for the functioning of regulator body.

Functions of RERA

The primary function of RERA is to protect the interest of home buyers and create a robust redressal system for any discrepancies in the project. To prevent the time lag an authority has been mandated to make an application within a time frame of 60 days.

Rules and effects of the act

1 Sharing information project plan, layout, government approvals, land title status, sub-contractors.

2 asserts on timely completion of projects and delivery to buyers.

3 cannot show any advertisements without registration on RERA

4 Formation of resident welfare association within three months after a majority of units have been sold.

5 Quality of construction increases due to defect liability period given to contractors.

What happens earlier was the fund collected for any real estate project was deployed in some other projects. to protect this diversion, the promoters are now required to invest 70 percent ot the project receivables in a separate reserve account. that fund will be used in land and construction purposes only

RERA News 

Which projects come under RERA

1 Commercial and residential projects including plotted development.

2 Those projects whose size is more than 800sq ft or 8 units

3 Projects without the completion certificate (CC) or occupancy certificate (OC) are also required to comply with the registration requirements under the Act

Apart from RERA'S outcomes and implication it was comes under the knowledge that with the advent of it,competition will be decreased as small developers who offer some price relief packages might cease to exist which is not a good news for us.

What is GST?

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Mahindra Palghar New Launch Project in Mumbai

Mahindra Lifespace developer, the trusted real estate developer is coming with the new iconic residential project with world class features and amenities at Palghar in the Dream City Mumbai. Developer presents this beautiful residential project with the name of Mahindra Palghar. This project offer brilliant 1 BHK, 2 BHK and 3 BHK luxurious and super spacious residential suites in your budget. This residence is surrounded by the healthy and peaceful environment. The accomplished architectonics is being done by using latest and advanced technologies.  Mahindra Palghar project is located at very clean and green surrounding region of Mumbai city. Palghar location is the suburban region of the city and has a great connectivity to the other part of cities. 

Mahindra Palghar Specification

The whole construction of the Mahindra Palghar residency is RCC frame structure based which protect the building from natural hazards. Each apartment of the projects are well ventilated and spacious. Every flat is attached to a large window and balcony space which allows ample of sunlight to every corner of living space. Rooms are decorated with modern interiors and wall hanging designs. Each flat includes with fully furnished luxurious living room, bedroom, kitchen and dining hall. Split ACs are used in every flat of this residency. There is a large terrace space with garden and relaxation zone in every apartment of the project. Rooms are decorated with quality tiles, vitrified and marble fitting flooring tiles. 

This marvelous residential project includes with well maintained features-

Gymnasium & indoor gaming room, 

Swimming pool & garden

Kids play region

Hi-Tech security system

CCTV camera at every wing of the apartment for the security of the residency

Water park & underground parking region for vehicles 

Water supply, electrical power backup and fan spaces etc

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L&T Realty Raintree Boulevard Offers Premium Flats at Utmost Region Hebbal in Bangalore

L&T Realty presents a new premium lifestyle township project name as L&T Realty Raintree Boulevard at very beautiful location Hebbal in Bangalore. L&T Realty group has a big name in real estate realm and known for providing premium township project. Group launch this premium project with world class amenities and features. The development of the project is widely spread over 65 acres of land having most charming greeneries. This residency includes with 2 BHK, 3 BHK and 4 BHK residential suites and offers a luxurious lifestyle to its residents. The whole project is surrounded with the healthy and peaceful environment. The accomplished architectonics is being done by using latest technologies under the guidance of the experienced team of engineers and architect.

L&T Raintree Boulevard is strategically located at Hebbal, Bangalore and provides direct connectivity to nearly all other major point of the city. The location of the project is near by the 10+4 lane road ie NH-7 and AH43 by which you can easily travel from one place to other places. This location also provides faster connectivity through flyover Expressway and BAIL Airport. This location is one of the most reputable locations of the city with easy access of famed schools, recreation areas, shopping malls, gardens and public amenities. This area is also equipped with some reputed hospitals such as Columbia Asia, Cauvery Medical, Baptist Hospital, Prolife Hospital and many more. This location is also famous for higher education because many famous colleges like BMS IT college, Presidensy, Sindhi College, Reva institute, Aditya and NITTE college etc are present there. 

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WHAT IS GST | Advantages of GST

ANS: GST (Goods and Services Tax) are the  Goods and Service Tax. it was launched on 29th March 2017 in India And effect came from 1st July 2017. in whole Nation GST is an indirect tax, this makes India one unified common market in the GST.

we have to buy a product in any city in the same price.GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. GST Law has replaced many indirect tax laws in India. In the GST Goods and services tax are high. It is a single tax on the supply goods and services, right from the manufacturer to the consumer.

Advantages of GST:

1) – Removing cascading tax effect

2) – Higher threshold for registration

3) – Composition scheme for small business

4) – Online simpler procedure under GST

5) – Lesser compliances

6) – Defined treatment for E-commerce

7) – increased efficiency in logistics

8) – Regulating the unorganized sector

9) -GST will also help to build a transparent and corruption-free tax administration.

To know Good Information visit us: Smart Property in India

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Godrej the Trees is the Brand New Residential Apartment in Vikhroli East Mumbai

Godrej Group is one of the India's leading property development with their key factors such as built on trust, innovation and knowledge-leadership. This group is going to establish their latest residential project name as Godrej the Trees at the foremost place Vikhroli East in Mumbai City. Godrej the Trees offers splendid residential apartment 1 BHK, 2 BHK, 3 BHK and 3 BHK flats with creative thoughts and modern design. This project spread over large open spaces with 34 acres of land with water bodies, greenish landscape and beautiful garden. Now, this group provide golden opportunity so you should invest in this residency.

Godrej the tree is located in Vikhroli which lies in the north east of Mumbai and provides easy access to all suburbs through the roads that run through it. This area is one of the peaceful suburb of Eastern Mumbai with best connectivity via bus, taxes, auto-rickshaws, can etc. Railway station and roadways are the major connectivity for the people. In recent time, national highways, expressways are majorly connected with cities and towns. There are number of educational institutes, schools, and university for the development of child. In this residency you will be hesitant to go shopping malls, complex, multiplexes, marketplace, branded shops, theater, entertainment hotspot etc.

Godrej The Trees residential township build by the expert team in the Vikhroli East Mumbai. Apartment consists of luxury flats including beautiful living room, master bedroom, other bedroom kitchen build by vitrified tiles while balcony build by ceramic tiles and Toilet build by Anti skid tiles. Fitting of main door with teak wood frame and shutter and in kitchen area it is fitted by granite platform with stainless steel sink, wall are beautifully painted with oil bound distemper and emulsion paints. 1 BHK flats with carpet area 476-573 square feet, 2 BHK flats with carpet area 722-856 square feet, 3 BHK compact flats with carpet area 889-959 square feet, 3 BHK flats with carpet area 1077-1397 square feet and 4 BHK/ duplex/ penthouse flats with carpet area 1754-2338 square feet.

Features of Godrej the Trees

Clubhouse facilities,
24*7 hrs security system
Jogging and cycling track
Library with lots of books and novels
Swimming pool
High speed elevators
Relaxation zone
Solar energy conservation
Water and electricity supply
Sewage treatment plant
Well-equipped body fitness centre
Underground parking area
Rain water harvesting
Landscape garden and playground
Maintenance staff

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Godrej Emerald Offers Luxurious Apartments at Ghodbunder Road Thane

Godrej Emerald is the new launch residential project by Godrej properties at Ghodbunder Road Thane, Mumbai which covers all the residential facilities and amenities. Godrej developer is one the famous and leading real estate giant which is known for its quality work and unique projects. Developer launched this luxurious project with 1.5 BHK, 2 BHK and 3 BHK flat configurations and the carpet area for 1.5 BHK flats is 470-490 sq ft, 2 BHK is 620-703 sq ft and 3 BHK is 827-920 sq ft. This enormous residential project Godrej Emerald will cover 15 acres of the land area comprising amazing residential spaces made out of distinct designs and specifications. This project assures you to provide comfortable and luxurious lifestyle.

Ghodbunder road Thane has a great road connectivity through Eastern Express highway, Kolshet road, Western express highway and national highway-3. This place has key number of fastest and smooth transport services like air transport, metro railway and further transport services. You will enjoy the immediate access to the Western and central suburbs of the city. Godrej Emerald Thane project is situated at one of the liveliest locations of the Thane, where every kinds of social amenities like medical care centres, bank sectors, ATMs, social hubs, schools and educational institutes are available. Thane location is the best place for career growth because many IT/ITES companies, business sectors, manufacturing industries, MNCs companies are running there. This location is surrounded by beautiful lush greeneries, plants, water bodies and green landscapes.

Apartment Overview

Godrej Emerald Thane is the most delightful residential project which is created by the unique and elegant exterior and interior designing. The whole project is constructed by the latest and advanced technology in the direction of the experienced team of architect and engineers. Every flats are well featured and decorated by latest furniture design and wall hanging designs. Each apartment have luxurious bedroom, master bedroom, living room, dining hall and modular kitchen. Rooms are decorated with marble, granite flooring and vitrified tiles. This project is equipped with every kinds of luxurious amenities for comfortable and lavish lifestyle.

Amenities

Well equipped Club house
Body fitness Centre
Multipurpose Court
Swimming pool
Party hall
Kids play area and garden
Jogging and cycling track
plantation and flowering region
indoor and outdoor games
intercom facility
Wi Fi connectivity
24 hrs electricity and water supply
Underground car parking zone
Hi tech security system with CCTV surveillance
Rain water harvesting system
Firefighting equipment
Tennis and badminton court
Lifts and elevators at every wing of apartment

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Oberoi Sky City offers Specious Residency in Borivali East Mumbai

Oberoi Group established a splendid housing project name as Oberoi Sky City situated in the prime location Borivali East, Mumbai which is well known as financial capital of India. This developer builds splendid residential and commercial residential township with their creative mind and modern thoughts. Oberoi Sky City is one of the marvelous projects in the Borivali location which provide 3 BHK and 4 BHK flats with contemporary design and modern infrastructure. This project has the number of facilities including inside and outside of the residence. This project has fully secured by the 3-tier security system with CCTV camera. The apartment consists of airy rooms, modular kitchen, vitrified and granite tiles, marble flooring etc.

Oberoi Sky City project spread over large open space with a lush green environment, water bodies, greenish landscape. Borivali East is one of the best places for the IT sector, industries, business park etc. If you move outside the apartment you can see multiplexes, malls, shopping complex, Banks, ATM's, recreation zone, hospitals, nursing home, medical shops, restaurants, market place, cinema etc. People of Borivali travel by public transport like bus, train, cab, taxi it is an easy and cheap convenience. You should buy your dream home in Oberoi Sky City Borivali residential property. This group provide sumptuous amenities like

Facilities of Oberoi Sky City 

Clubhouse facilities
Swimming pool
Cycling and jogging track
24 hrs water and electricity supply with power supply,
Maintenance staff, yoga center
Playground and beautiful garden
Kid's playing area, senior citizen region
Intercom facilities
Underground parking area
High-speed elevators
Rain water harvesting

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Salarpuria Sattva Anugraha, Magadi Road Vijayanagar Bangalore

Salarpuria Sattva Group is coming with new exotic residential project for the home seekers in the IT city Bangalore at prime location Magadi road Vijayanagar. Group launch this dream home project with elegant design and modern infrastructure. Salarpuria Sattva Anugraha abode is equipped with all the modern amenities for you to live a comfortable life with your family. The project is spread over wide acres of land having charming greeneries and plants that is entirely spread all through till your eyes can reach. The calm environment surrounded this residence will simply soothe your mind, soul and body. This residential project provides 2BHK & 3BHK apartments at affordable range for the home buyers.

Salarpuria sattva Anugraha project is one of the beautifully designed project that is adorned with all the essential features of luxury lifestyle. This project is being accomplished by using modern and latest technology in the the direction of experienced team of architect and engineers. Every flat of the apartments has luxury room sets with splendid big space utility and elegant marble fitting. The whole construction of the project is based on RCC frame structure. Modern interior and wall hanging designs are used to decorate every room of the flats. Salarpuria Sattva Anugraha Location is very prime in city from where you will reach every important region of state.

The project is close to all the day to day required things like schools, institutes, banks, shopping malls, ATMs, hospitals, super markets and local markets. Salarpuria Sattva Anugraha apartment has every kinds of residential amenities like multipurpose clubhouse, swimming pool, full fledged gymnasium, big space for lawn, 24 hrs electricity supply and many more. 24*7 hrs hi tech security system under CCTV surveillance are used at every part of the apartment. There is underground basement parking zone available for car parking.

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Puranik Grand Central at Thane, Vartak Nagar

Puranik Developer is going to launch new luxurious township project with new concept of urban lifestyle. Developer launched this project with the name of Puranik Grand Central at very exotic location Thane, Vartak Nagar. The location of the project has excellent road connectivity by which you can easily travel from one place to another place. This new project will be spread in many acres of land parcel and offers 1BHK, 2BHK and 3BHK apartments with every kinds of essential features.

Overview of Puranik Grand central project

Puranik Grand Central Project has great master plan and constructed by using modern and latest technology under the guidance of experienced engineers and architect. Every flats are decorated with elegant interior and wall hanging designs. The apartment contains a big space for terrace and relaxation zone. Every flats of the apartment are fully furnished and beautifully designed with unique layout structure & modular flooring. Rooms of the flat are more spacious and airy which provides easy ventilation. This residency is surrounded with beautiful plants, greeneries and flowers which creates a peaceful environment.

Puranik Grand Central Thane project covers all the essential and luxurious amenities like grand club house, swimming pool, gymnasium, indoor & outdoor game, party hall, garden, play parks, jogging track, running track, flower region and many more. The project will have 24 hrs electricity supply and hi tech security system under CCTV surveillance. This residency location has every kinds of social and residential amenities that requires in our day to day life. This project location contains all the facilities like schools, hospitals, banks, ATMs, malls, super markets and convenience stores.

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Sobha Dream Acres | Property in Bangalore

Projects DetailsType: 1BHK & 2BHK
Project Location: Balagere Panathur Road Bangalore
Total Appartments: 6000
Area: 81 Acre(s)Size Ranging: 650 - 1500 Sft
Possession: Launch

Sobha developer, the pioneer builder of real estate is going to launch a unique and beautiful housing project at Balagere Panathur road in bangalore. Sobha is known for its quality standard and planning to develop this apartment project with pre-cast technology. Sobha Dream Acres project is launched with 1 BHK & 2 BHK luxurious flat configurations and fulfills all the requirements of livelihood. This residential project covers all the luxurious facilities and amenities of lavish lifestyle. The project is surrounded with elegant and healthy environment.

Sobha Acres is considered to be one of the best residential apartment and designed by the experienced team of architect and engineers. The whole construction is RCC structured which help to keeps the building protect from natural hazards. This project is spread over 81 acres of lands and contained 6000 apartment units. Apartment size of 1 BHK & 2 BHK flats will range from 650 to 1200 square feet. Superior fitting and quality flooring is being used in every apartment of this project. Rooms of the every flat are more spacious which allows easy ventilation and fully furnished which is decorated with latest interior & wall hanging designs.

Sobha Dream Acres Amenities

Sobha Dream Acres project has all the basic residential amenities for luxury lifestyle. These basic amenities are tennis court, basket ball court, swimming pool, gymnasium, play park, garden, Multipurpose club house, party hall, yoga room, lobby, 24 hrs Hi-tech security system under CCTV surveillance, cycling track and indoor game room. This residency has large basement space for car parking. The location of the project surrounded with every kind of social amenities like- Institutions, high schools, ATMs, Bank sectors, business sectors, hospitality, Coffee shops and convenience stores.

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Right time to invest in Omkar Majaswadi Mumbai

Omkar Group, a biggest name in real estate sector has created superb master plan for the home seekers and buyers in form of Omkar Majaswadi Mumbai. This project has a large number of lands, facilities, apartments, flats, and garden at every apartments space. You will find beautiful green environment and terrace garden for fine air to inhale. If you have money and want to invest in the home property then you should have to select Omkar Majaswadi for flats. Mumbai is superb city and known for dream and also has completed to many person vision who have become an example for us. Omkar group offers 1 bhk, 2 bhk and 3 bhk luxurious home spaces in the apartments in affordable price with all kinds of features and accommodation.

Amenities

water supply & power backup

Latest equipment in the gymnasium

Deep Swimming pool

water parks & club house

Rain harvester & Library

Modular home with ac in every flat

sewage lines

Three tier security system as monitoring with CCTV

RCC frame structure for solidity

Plastic paints of different colors

Best Location Outside Omkar Majaswadi

When you search a great and peace environment with luxurious location in Mumbai then should opt Omkar Majaswadi residential home property as connected with every significant region of city via highway & expressway. You will reach important railway station, bus stop and shopping regions in few times by use of premium bus services. Omkar Majaswadi is surrounded with top IT companies, manufacturing organization, and commercial belt. This is also best for the students, trainer and businessman. You should choose Omkar Majaswadi Mumbai Project for best future. 

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Godrej Air Hoodi with exotic Overview in Bangalore

Godrej Air Hoodi

Godrej Group is coming with the new exotic residential project for the home buyers in Bangalore with world class amenities and facilities. The Group has launched this project at the superb residential location at Hoodi Circle Whitefield in the Garden City of our country Bangalore. Hoodi location has many residential complexes and a huge crowd of IT people due to the presence of multiple IT parks, multinational companies, and software companies. These are the reason that the Godrej developer launch Godrej Air Hoodi project at this superb location.

Godrej Air Apartment

Godrej Air residential project cover large area space and coming with 1BHK, 2BHK, and 3BHK flats configuration. Every building of the apartment is created by the latest and advanced technologies under the guidance of best and experienced architect and civil engineers. Every flats of the apartments are more spacious and designed by majestic interior and wall hanging design. This project offers all the luxurious and essential amenities which provides you a lavish lifestyle. This residency is surrounded by the beautiful greenness, plants, and flowers which create a healthy and peaceful environment.

Essential Amenities

This residential project covers all kinds of luxurious amenities and features. Every flats of the apartment is fully furnished and includes big hall decor with latest furniture and materials. This residency covers all the exterior amenities like Gymnasium, Swimming pool, Club house, large space for the terrace, relaxation zone, garden, play ground, jogging and cycling track, flower and plantation region, outdoor game etc. Every apartment has 24 hrs manned security staff and hi tech security system under CCTV surveillance.

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Prestige Primerose Hills | New Launch Project in Bangalore

Prestige group is exploring more and more with all real estate projects and the developers are unique in its technology which matches the all latest  and global standard. The developer has given many successful projects and the process is still counting. The country is developing in world currently which it more attractive as when country is developing , it will never get fall in longer run as everything will be required i.e- infrastructure, industries, residences, education etc. The group is utilising and developing the current residential needs arising as the job seekers are also moving from their hometown for job and business. So as i discussed the country is growing and need will arise in real estate and their is no any harm investing in real estate currently their is a boom in real estate and increasing demands in the real estate sector denotes its opportunities and growth whether its residency or for commercial purpose or any other form where construction is needed.

Same here the Prestige Primerose Hills will cover all the residential needs arising in Bangalore as the location is known as IT hub of our country and increasing demand in residency property is growing as the time is passing. Increasing density of people for job and business increasing day by day and it is continuously increasing with the passing time. So for it is coming up with Prestige Primerose Hills which is full of all modern and global level and maintained the standard, the person who will live will feel their dream in front of their eyes. Kanakapura is located in city of Bangalore and it is also known as the silk route. The residential project is so spacious and the location is full of greenery and natural feel will come across you and make you feel a calm of life.

Prestige Primerose Hills Bangalore project will be designed by the engineers, architects management team, and all having experience in real estate. The safety has its main priority first and it is defined by the use of solid concrete with RCC frame structure for solid grasp and well fitted pipeline and using of wall putty and many more which ensure the safety and long run of the apartments. And this is best in their class and i am saying because when a person buy a home it  is not just buying the construction but it is buying his/her dream where he/she can fulfil their dreams.

The developer has maintained the luxury with all amenities like park, atm, gym, wifi, 24 hours security and electricity back up, meeting hall, spa, jogging track and many more to explore with unlimited facilities.

The prestige group is one in its era that is known for delivering the latest and technologically loaded and if you are thinking of real estate then you are in right hands where technical and social responsibilities both counts equally and make you feel to live like a peaceful and blissful life.

To know all about information New Launch project Pan India Visit here: Smart Property in India

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