Friday, December 18, 2015

Beware from fake broker should take precaution before rented out your flat

Rent bill in up and other state in India is still not clear and normally without occupancy certificate of project you are living on your own risk. Legally it is not good. If  person on rent is not ready to clear occupancy than it is legally problematic in my opinion.

please check rent bill in particular state.

Broker may cheat you. so please beware of fake broker. may be currently they looks our best friends but in actual practice they only thing about them self

Only court rent agreement is valid . Not Rs100 notary agreement

Before giving home on rent take detail of all family members and at least one id of all. Finger print stamp on back side of rent agreement. Id and photo of witness. may help you to secure rented  you house

Must ask for police verification

Normally it is free and one copy need to give to nearest police station

Wednesday, December 2, 2015

Improve Transparency level in Real Estate Sector

Improve Transparency level in Real Estate Sector

To bring transparency in Real Estate sector

Government body needs to make this compulsory that builder have to submit on line document which is viewable to everyone.

To bring transparency in Real Estate sector
Government body needs to make this compulsory that builder have to submit on line document which is viewable to everyone.
Developer Name
Developer Address
Approved Map from Govt. Body  (say for example MCD- Municipal corporation)- Building Plan Approval  copy- Issue by MCD/ Authority
If on lease,  Lease agreement copy
Bank tie-up detail & document required by bank for loan.
Clear Possession date
No dues  & no court case on property certificate
Parent Company / Major Shareholders
Architect / Contractor Name
Architect / Contractor Address
Registration Number
Name of Muncipal Corporation/Authority
Licence Registration No.
Clear TIN No of  company
Turnover Financial Results in last 3 years
3 years Income tax  return, so that easily identify the black money involvement & NRI money  which may effecting our current economy and responsible for  costliness of property for normal Indian user.
Reserve the limited quota for NRI
Clear detail of current circle rate and   forecasting for future rise of property. So that end user can justify the rate demanded by builders.
Project Type Mixed
If Mixed, No. of Commercial units/shops -
Plot Area (in acres)  ( in Sqft)
FAR(Floor area Ratio) Approved (in sqft)
FAR(Floor area Ratio) Proposed / Constructed (in sqft)
TDR Approved
Construction Status
Project Launch Date
Construction Start Date
Developer Bank Name
Carpet Area/ Plot Area should have to be publish , unit wise/ tower wise
Tower Wise Loading  should be publish
Any Legal Litigation
Any Social Disturbance
Plan Sanction Letter
Clearance proof for PDC as per legal report
Pollution NOC
Udharan Khatauni
NOC- Nagar Palika Parishad
Fire NOC Copy- issue by Chief Fire control Officer, Fire Department Clearance Status /
Fire department clearance Letter
Pollution Control Clearance Status /Pollution Clearance Vide Memo No.
NOC for Construction
Environmental Clearance  By respective authority- Environment Clearance status Environment Clearance Copy
Specimen apartment/Flat  Buyer Agreement to be executed between Builder on one part and the buyer on other part
Copy of clearance –Height From respective authority
Real Time requirement in Real estate Bill – Government Policy can help this segment
A heavy penalty clause from government bodies if a builder produces any wrongs facts
Builder reputation detail rating by facts some common point system
Clear penalty detail. If builder is not able to delivered the project on time, Right now 5/- per sq ft . Builders are mentioning but this is like lottery for builder money at minimum interest. Actually builder have to pay interested  from bank + penalty for delay
No Charges for parking , Parking should be included in flats
House registry charges as per cost to reduce lack money involvement , because people are showing less property cost to save their 5-7 % registry charges this need to reduce up to 2% up to 25 lakhs  and from 25 Lakhs to 1 caror – 1.5% and above 1 caror – 1% only. To allow them to show their actual cost. Later on government can get property tax on actual property value.
Prices should be implemented on carpet area not on super area
Super Area= (carpet area) + (carpet area) X (Loading factor)



·         Doors and windows: Ensure your apartment is provided with required doors and windows for proper ventilation in all rooms, including bathroom and kitchen. Improper ventilation can cause numerous problems in future. Ensure all the sliding door/windows work smoothly.

·         Measure size of room: Some builders or developers divert from the sanction planned resulting in reduction in the size of rooms and bathrooms. Ensure that all rooms are provided enough space. Measure the hall, kitchen, bathroom and bedroom sizes. We can ask for compensation for less / difference area.

·         Wall Painting: Wall painting need to be checked before taking possession of home or flat from the builder or developer. Some builders or developers provide single coat wall painting in some rooms instead of double coat. Check if all walls have double coat. Exterior painting should be complete along with window and balcony grills.

·         Cracks on the wall: Look for cracks in the foundation, ceilings and walls, which indicate movement of the structure caused by settling, soil expansion. Check for cracks on the walls, especially between electrical sockets.

·         Checking the tile work: It is also important if there is any crack, hole or damage then it can be replaced but after moving in it is very difficult to do tile work which smokes a lot of dust while removing. Also check the all tiles have proper grouting between the floor tiles and border of walls (No space between the two adjacent tiles) it causes the sippages issue in the floor and wall.

·         Electrical fittings: It is better to ensure the electrical fitting are as specified and the switches and plugs are connected to the main supply line. Extra points are provided are not as per your requirements.

·         Drainage outlets: This is one of the important things you need to check before taking the possession of flat or home. Clogged outlets are a menace if not rectified before you move in. Water collects in bathrooms, kitchen and balconies and creates a mess. Check if all Drainage outlets such as balcony, bathroom, kitchen, utility, etc. are working and not clogged.

·         Check for Leakages: Check if all bathroom fittings are as per specification. Check the working of taps and bathroom fittings. Ensure there are no leakages when opening or switching on taps. Make sure the granite platform in the kitchen is not leaking. Pour a bucket of water on the granite platform and observe for any leakage below it. Check the hot and cold mixer. Also check for water flow from kitchen, bedrooms, and hall. Slope should be towards bathrooms or the terrace. Make sure water is completely draining out and not accumulating at one place. Observe if any leakages are seen in your bathroom. These leakages can cause major headaches later.

·         Check switches and plug-points: Make sure that all the sockets, plugs and bulb holder are connected to the main supply. Also check if main fuse in the house is controlling complete current supply. If you have an inverter, ensure the supply shift to the inverter if the main switch is switched off. Check if all switches and plug-points are working. Check if the extra electrical sockets/switches you had asked for are provided as per requirement.

·         Safety measures: Ensure that your building is constructed according to safety rules provided by the fire department and National building code. Check if your gas leak detector is working by burning a piece of paper and allowing the smoke to fill the kitchen.

·         Check for safety equipments: Like firefighting instruments that are compulsory for every building today. Whether the builder has followed the safety measures or not as per the government rules and regulations. If there is gas pipeline system then check whether the gas leak detector is working properly or not.

·         Parking Space: One very important thing is to check the parking lot which is allotted to you as it is usually not clear on paper. Ensure that it is enough to accommodate a big sized car and easily accessible otherwise it will be difficult for you to adjust the big car in small space.

·         Kitchen Granite slope: Make sure the kitchen granite slope is towards the sink or else you may have to keep cleaning the stagnant water on the granite daily.

·         Chimney: Decide whether you are going for chimney or ventilator fan for kitchen and get the provision done for the same.

·         Wiring: It will be the worst thing in most of the apartments. Ensure that you get the best company switches and MCBs and that they provide separate wiring for geysers, fridge, washing machine, microwave oven etc so that you will not face any difficulty in case you prefer to install Inverter.

·         Possession letter: If your building or apartment is provided with all amenities, size of rooms is as per approval provided and you have checked all things in your apartment, it is time for taking possession of your flat or home. While taking possession of the flat or home, ensure that you have received all documents from the builder. Possession letter, Blue print, No-Objection Certificate, Development agreement, Power of Attorney, Commencement Certificate, Search Report of the Builder’s Advocate, Receipts of payments made to the builder, Letter of allotment etc are some of the important documents required from the builder or developer during possession of the apartment.

·         List of amenities: Builders offer or promise a list of amenities for an apartment you are buying. They include amenities such as playground, lift, swimming pool etc. After completion of construction, buyers or investors find that builder has not provided all amenities as per promised or agreed. Check your agreement to see the list of amenities and make sure each one is provided as per specification.

·         GDA / Nagar Palika will issue Occupancy Certificate (OC), if and only if the building has been constructed according to the Sanctioned Plan and meets all bye-laws. GDA / Nagar Palika has rights to allow up to a maximum of 5% deviations (but that too subjected to certain conditions). If deviations are more than 5% GDA / Nagar Palika  will not issue OC.  Without OC, you will not get Khata (so called ‘A’ Khata). Still you can pay property tax etc, but you will not get your ‘A’ Khata (I mean Khata Certificate and Khata Extract).  Without ‘A’ Khata, neither you can sell your property nor you can get mortgage loan from the bank.

·         And last but not the least, do not pay the entire amount for the flat before you take over possession of the flat. Keep atleast 10-15% of the total money with you and pay only during handing over of keys. Many people pay the whole amount before hand and builders turn a deaf ear to their requests for completion of work.

Cheating in Sale deal Buyer _ builders- Real Estate

Cheating in Sale deal Buyer _ builders - Real Estate

#Real estate

as per Real estate bill - appropriate compensation mention or as prescribed  - what is the meaning of appropriate compensation
builder charging from buyer or investor 18 to 24 percentage for single day delay  so rules are not same from both side

Builder mentioning one sided penalty rule and no compensation mention for delay by them in this case they are playing

we urge to government of India same penalty for builder also as delay by them
bank intrest + penalty for delay 

Hiding facts and manipulation to gain profit

Sale deal format should be fix national wise and only down able from government online site. All buyer concern and clause should be fixed , penalty clause should be same for builders or Buyer , like if 18 % charges from customer /buyer for any delayed then Builder have to pay same 18 % for delay by builder by any reason, and in addition to above builder have to pay

Direct & indirect cost incurred by buyer due to delayed possession.

A 18% interest on the amounts paid till date in addition to per square feet compensation, in line with what he has made all of us pay.

B Rentals paid by flat owners during this delayed period.

C Potential rental revenue loss by the investors due to this delay.

D Bank interest paid by flat owners to the banks towards the home loan.

To stop Corruption and cheating in Sale deed by builder

Fix Heads Structure and streamline cost in all Builder /real estate
Online submit on government portal and same can be only use as for sale deed with all individual buyers. Viewable to everyone.
Bar coded and PAN / TIN Number linking.
Strict provision for builder to upload monthly bases of construction progress picture and until and construction activity going on they cannot send offer for possession and asked for final demand.

Government Initiative /Effort:

Real estate bill: All changes by Rajya Sabha panel accepted 

A major amendment is the proposed parity in the interest payable by allottee and developer in case of any default by either party

The committee said in its report: "The interest rate payable by the promoters as well as by allottees shall be same in eventuality of any default by either of them."

ET- 16 November 2015

Important transparency clue in India for Investor and home buyers.

Important transparency clue in India for Investor and home buyers.

Before investing in any real estate project ask for cin number of company and check public document from ministry of corporate affairs in India

Document like 
Corporate Identification Number CIN Number
Registration Number
Financial Data
3 Years Balance sheet - Annual Returns and balance sheet
Cash Flow Statement
Profit and loss account
Ration Analysis
Credit Rating
Directors Details
Certificate of Registration of Mortgage
Certificate of Incorporation

Monday, November 30, 2015

D2H Operators and Service provider Scam -सरकार का कंट्रोल क्यों नहीं

Kathani or Karni me fark - desh Nahi Bikne dunga

सरकार का कंट्रोल क्यों नहीं D2H Operator/ Service provider पर 

Refuse to pay taxes if govt doesn't curb 'hydra-headed' corruption: Bombay HC 

 D2H Operator/ Service provider  Scam

#NGT #National Green Tribunal #TRAI #  #India 

रेफरन्स : PMOPG/E/2015/0166498 – D2H Service Provider Scam

Free Channel  Broadcasting should not be stop even No payment condition.
  • They have block DD doordarshan and other free air channels and stop knowing truth to general public 
  • Now public is only understanding or accepting the truth  shown by them through private news channels
  • All government policies and actual initiatives taken by government is not reached directly to the general public and massage is converted by private channels 
  • Free channels broadcasting stop in the name of package
  • In actual practice even no payment done   free channels should be broadcasted.
  • Digital India Aim is in trouble
  • Aim of education for everyone through D2H is in Trouble
  • Aim for affordable and free education aim is in dark. 


You Tube/ Microsoft / Google can bring revolution in Education Sector

1.                  To increase the free education program – education for every one- You tube or Microsoft can bring videos  related to their education course like maths, science at all level from class 1 to 12 or higher, technological video like engineering maintenance of  automobile, power plant etc. in number of fields.
2.                  Competitive environment creation for Social responsibility of Individual/ Schools/ Colleges and They should have target to publish the open video content on You Tube about education /Subject / technology/ Class room material-notes

All India Radio / DTH can bring in education channels 

3.                  HRD Ministry to play important role in this area. To reach to everyone  - Telecast / DTH providers can help in this subject to promote education. DD channel could be a good point to start. If government gives some special tax benefits then lot of private DTH providers and private parties also comes in front.
4.                  For Microsoft itself this is really good opportunity to promote “Bing” by investing in education program. Quality of service will help them to connect with all internet users, mobile users, also they can bring live education channel through DTH.

Cable / Mobile Network Pollution: 

My one friend came from Finland for business purpose & visiting India and she said she has heard that lots of cable & electricity Jhal and spread in India also caw are roaming in roads , She urge me that she want to to see the same . I was really feeling shame and after the sometime, I said to Merja, India is developing country and every day we are growing /developing the things, policies and adopting the best practices. I request her to not to project this kind of image in front of world and requested not to take this kind of picture. being an Indian we are not feeling good

As I know

1. Earlier we are paying cable operator 75/- to 100/- per month ,

2. Many places people are not paying up to year,

3. There was no service tax ,

Now a day’s big player comes in fiels and for same service

1. They are charging 231 /- to 500/- per month , In the name of digital and HD service

2. They are charging lots of extra amount which is not worth. But garbage wiring arrangement of cable and electricity as it is .

I would like to request to State Government as well as central government in India

1. To keep general public in mind and bring some policy /bill in this area , so that Aim of Clean India can be achieved

2. General Public will get service maximum / not more than 100/- per month for digitization,

3. Maximum cost of set up box should not be more then 500/- .

Videocon d2h manipulation in the name of clarification- देश  की जनता को ठगा  जा रहा है।