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Sunday, March 13, 2016

804. Critics, आत्म निर्भर से कंगाल घर खरीदार - Real Estate Builder-Perfact Propbuild Antriksh Kanball 3G corruption की पराकाष्ठा , सरकार का कंट्रोल नहीं Real Estate Bill Ground Reality - Noida flat owner protest for corrupt practice




When considering buying a flat in an under-construction project, it's essential to conduct thorough due diligence to ensure that you make an informed decision and protect your investment. Here is a checklist of documents and considerations to review before making a purchase:
Builder's Reputation: Research the builder's reputation, track record, and past projects. Check for online reviews and testimonials. Are they known for delivering projects on time and as promised?

  1. RERA Registration: Ensure that the project is registered under the Real Estate (Regulation and Development) Act, 2016 (RERA). This provides regulatory oversight and helps protect your rights as a buyer.
  2. Approval and Clearances: Verify that the project has received all the necessary approvals and clearances from local authorities and government agencies.
  3. Title Deed: Examine the title deed of the land to confirm that the builder has the legal right to construct and sell the property.
  4. Layout and Building Plans: Review the project's layout and building plans to understand the floor plan of your flat and the common areas.
  5. Construction Agreement: Carefully read and understand the construction agreement. Pay attention to clauses related to project delays, compensation, and possession dates.
  6. Payment Schedule: Understand the payment schedule, including the down payment, installment plan, and any associated penalties for delayed payments.
  7. Cost Breakup: Get a detailed cost breakup, including the base price, preferential location charges, parking fees, maintenance charges, and any other costs.
  8. Built-up Area: Check the built-up area of the flat and ensure it matches what is mentioned in the agreement. Some builders use terms like super area, carpet area, and common area, which can be confusing.
  9. Amenities and Common Areas: Understand what amenities and common areas are being offered in the project, and check if they align with your expectations.
  10. Date of Possession: Verify the promised possession date and the consequences for delays. Ensure that it is mentioned in the agreement.
  11. Construction Quality and Specifications: Review the construction quality, materials used, and specifications for your flat.
  12. Payment Receipts: Keep records of all payment receipts and transactions.
  13. Legal Opinion: Seek legal advice from a qualified lawyer who specializes in real estate transactions to review the documents and offer guidance.
  14. Financial Plan: Have a clear financial plan in place, including how you intend to finance the purchase, the down payment, and the home loan, if applicable.
  15. Escrow Account: Check if the builder maintains funds in an escrow account, which is a sign of financial transparency.
  16. Builder-Buyer Agreement: Carefully read and understand the builder-buyer agreement. Ensure that it provides for compensation in case of project delays or other breaches of agreement.
  17. Registration Charges and Stamp Duty: Understand the applicable registration charges and stamp duty that you will be required to pay.
  18. Occupancy Certificate: The builder should provide an occupancy certificate once the project is completed. Ensure that you receive this certificate.
  19. Environmental Clearance: Check if the project has obtained the necessary environmental clearances.
  20. Loan Approvals: If you're taking a home loan, ensure you have loan approvals in place.
  21. Insurance: Check if the builder offers structural warranties or insurance on the project.
  22. Tax Implications: Be aware of the tax implications of property purchase, including property tax and GST.
 
Remember that each country and region may have specific laws and regulations governing real estate transactions, so it's advisable to consult with a local expert or real estate advisor who is knowledgeable about the legal and market conditions in the area where you plan to purchase a flat.



Antriksh builder director abusive words with female residences

Residence are forced to drink waste water (1300- 1900 TDS)  not meeting the appropriate quality . Even after penalty from NGT builder is not rectifying the quality  of committed facilities  and harming environment .

During meeting the similar question Antriksh Group Builder/ Perfact Propbuild  Private Limited  Director and staff are  using abusive words with female residences, they have threatens to residence for unlawful action

Dated : 09 August 2020






फ्लैट बेचने के नाम पर धोखाधड़ी करने के आरोप में अंतरिक्ष गोल्फ व्यू का बिल्डर गिरफ्तार


नोएडा क्राइम ब्रांच की टीम ने सेक्टर-78 स्थित अंतरिक्ष गोल्फ गोल्फ व्यू के बिल्डर को गिरफ्तार किया है। आरोप है कि बिल्डर ने एक फ्लैट को कई लोगों को बेच दिया था। क्राइम ब्रांच ने आरोपित बिल्डर को शुक्रवार को कोर्ट में पेश किया, जहां से उन्हें जेल भेज दिया गया है।
Ref :https://m.jagran.com/uttar-pradesh/noida-ncr-space-golf-view-builder-arrested-for-cheating-in-the-name-of-selling-flats-20603132.html




केंद और  राज्य सरकार  के दबाओ में  आधी अधूरी  व्यवस्थाओ  में बिल्डर  को कम्प्लेंटेशन सर्टिफिकेट  देने की तैयारी में। 

Antriksh Kanball 3G Noida flat owner protest


NGT : 

New Delhi, Feb 13 (PTI) The National Green Tribunal has directed the Uttar Pradesh Pollution Control Board (UPPCB) to recover compensation of Rs 3.28 crore from a builder in Noida for illegally extracting groundwater and discharging untreated sewage in the green belt area.

3.28 cr. Penalty on Antriksh Kambal. Environmental compensation of Rs 3,28,50,000 on the builder.

The builder, Perfect Probuild Private Ltd, a 100 per cent subsidiary of the Antrikish Group had on August 25, 2010, obtained sanction from the Noida Authority for construction of a residential complex comprising of 560 flats by the name of Antrikish Kanball 3G.

The builder failed to secure water connection from the Noida Authority and continued to supply water in the apartments from two illegal borewells located in the partially-constructed basement of the residential society, without obtaining permission from the Central Ground Water Authority, it alleged.
The smoke generated from the diesel generator sets in the absence of chimneys directly enter the houses of the residents

There is no sewage treatment plant.

500kva diesel genset has been installed for electricity supply but a chimney for it 

The provision of rainwater harvesting has been made but it is not operational
Ref: 
https://wap.business-standard.com/article/pti-stories/ngt-directs-uppcb-to-recover-over-rs-3-cr-penalty-from-noida-builder-for-illegal-water-extraction-120021301029_1.html

https://www.outlookindia.com/newsscroll/ngt-directs-uppcb-to-recover-over-rs-3-cr-penalty-from-noida-builder-for-illegal-water-extraction/1733279?utm_source=amp&utm_medium=wa&utm_campaign=amp






जनता को गुमराह कर  फ्लैट देने वाला फिगर तो बढ  जाएगा पर वोट देने वाली जनता तो वही है , तत्कालीन  सरकार  का हारना तय हो जायेगा।

बगैर काम किये बिल्डर को सपोर्ट करने से सरकार का हारना तय हो जाएगा।

Approved map में अंतरिक्ष kanball  और अंतरिक्ष Forest  एक ही प्रोजेक्ट का पार्ट ,  बिल्डर ने प्रॉपर्टीज Probbuilt Private limited नाम से एप्रूव्ड कराई  और बेचीं अपनी लीगल हेरा फेरी के लिए 

Open area noums में हेरा फेरी। 
kanball  में 80% ओपन एरिया नहीं पर लोगो को अलग अलग बीच गया। 



UPRERA registration  में हेरा फेरी जान भुझ कर २-३  रजिस्टर्ड किया गया 







Noida अथॉरिटी अधिकारियों की बातों से लगा कि केन्द्र तथा राज्य सरकार का बहुत दबाव है राजस्व नुकसान (रजिस्ट्री से अर्जित धन) रोकने का। अथॉरिटी किसी भी तरह से CC दे देना चाहती है।


   अथॉरिटी  CC देने से पहले बहुत कम बिन्दु चेक करती है जैसे:
1) विजली का स्थायी कनेक्शन
2) अपरूब्ड नक्शा के हिसाब से निर्माण
3)कोई अवैध निर्माण
4) अग्नि अनापत्तिप्रमाण पत्र (fire NOC)5)अथॉरिटी का बकाया आदि।


  अब आप लोग अनुमान लगा सकते हैं कि अथॉरिटी कितनी आसानी से CC दे सकती है। इसके बाद हमलोग के ऊपर रजिस्ट्री कराने का वैधानिक दबाव आ जायेगा।इसके बाद किसी भी सुविधा के सिर्फ कोर्ट ही एक मात्र रास्ता बचेगा।


सरकार  को क्या क्या देखना चाहिए

  1.  क्या बिल्डर ने वाटर कनेक्शन लिया है 
  2. क्या हर फ्लैट के पास अलग इलेक्ट्रिकल डायरेक्ट गवर्नमेंट मीटर लगा  है। 
  3. क्या क्लब, स्वीमिंग पूल , प्लेग्राउंड ,  बेसमेंट पार्किंग आल्लोट किया गया हे. 
  4. सारे  फ्लैट्स को प्रॉपर फिनिश किया गया हे। 
  5. क्या सिक्योरिटी , लिफ्ट  मेंटेनस का और कॉन्ट्रैक्ट   कम से कम  १ साल के लिए दिया गया है 
  6. क्या फ्लैट buyers को प्रोजेक्ट डिले की पेनल्टी  प्रोजेक्ट लांच के ३ साल बाद से pay कर इंडीविसुअल से नोडस लिया गया है। 
  7. कही बिल्डर धोखा दादी कर भाग कर जा तो नहीं रहा। 
  8. क्या RWA  को प्रोजेक्ट हैंड ओवर करने की फॉर्मेलिटी  उसने पूरी की है  , कम से कम 70%  flat  buyers के सिग्नेचर  होने चाहिए  completation certificate   & occupancy certificate apply करते समय  पता चले की कितने  लोग संतुस्ट है। 

















Antriksh Kanball 3G situation 


Give us our home

Stopping unethical practices
Penalties on fake promises
Flat owners  want penalty money for delay and unfulfilled Promise's
Flat owner's had paid the cost as per facilities promises

















Antriksh Kanball 3G, Sector 77 Noida Project Situation























 फिर आएंगे वोट लेने।याद रखना जुमला । चुनाव में शिकार जनता है और बकरे बिल्डर को जिंदा तब तक रखा जाएगा जब तक शिकार हाथ न लग जाए।

Real Estate Bill Ground Reality 


Buyer Protest Youtube channels































Antriksh Kanball Noida flat owner protest for corrupt practice

It is a reality in the real estate sector 

the situation with every builder is same
#realestatebill
कब होगा ground level Implementation of Real Estate Bill. सरकार कैसे कसेगी फेक बिल्डर्स पर। 

Flat owner peaceful protest against builder  Antriksh  Group Kanball sector 77 Noida

Kanball situation is too awkward

Not followed the open space Norms
No Club
No FAR Information to Buyer/ flat owner
No Swimming pool





Looking for support from the Indian government and PMO India for supporting action


Information as per MCA Site

Antriksh Kanball - PERFECT PROPBUILD PRIVATE LIMITED


CIN Number
U45200DL2007PTC160619
Date of Incorporation
Email Id
16 Mar 2007
cs_antriksh@hotmail.com

Company Category
Company Sub-Category
Company limited by shares
Indian Non-Government Company

Sector
Number of Members
Construction
0

Whether Listed or Not
Company Status (for eFiling)
Unlisted
Active
RoC Code
RoC-Delhi
Authorised Capital(in Rs. Lacs)
Paid-up Capital(in Rs. Lacs)
1
1

Date of Last AGM
Date of Balance Sheet
30 Sep 2013
31 Mar 2013

Address
State
34/C-8, Sector-8, Rohini, Delhi, 110085
Delhi



No information shared by builder no certified photocopy has been given to buyer/flat owner

1.     Developer Name

2. Developer Address

3. Copy of certificate of commencement

4. details about ownership, rights, obligations and mortgages on the property

5. copy of the urban land ceiling NOC (if applicable)

6. an environment clearance NOC

7. Building Plan Approval copy

8. Lease agreement copy

9. No dues & no court case on property certificate

10. Parent Company / Major Shareholders

11. Architect / Contractor Name

12. Architect / Contractor Address

13. Registration Number

14. Licence Registration No.

15. Clear TIN No of company

16. Project Type: Mixed

17. If Mixed, No. of Commercial units/shops –

18. Plot Area (in acres) ( in Sqft)

19. FAR(Floor area Ratio) Approved (in sqft)

20. FAR(Floor area Ratio) Proposed / Constructed (in sqft)

21. TDR Approved

22. Construction Status

23. Project Launch Date

24. Construction Start Date

25. Developer Bank Name

26. Carpet Area/ Plot Area unit wise/ tower wise

27. Tower Wise Loading

28. Any Legal Litigation

29. Any Social Disturbance

30. Plan Sanction Letter

31. Clearance proof for PDC as per legal report

32. ODV

33. Udharan Khatauni

34. NOC- Nagar Palika Parishad

35. Fire NOC Copy- issue by Chief Fire control Officer, Fire Department Clearance Status /Fire department clearance Letter

36. Pollution Control Clearance Status /Pollution Clearance Vide Memo No.

37. NOC for Construction

38. Environmental Clearance copy By respective authority- Environment Clearance status Environment Clearance Copy

39. Copy of clearance –Height From respective authority

40. NOCs from the electricity

41. NOCs from the water authorities

42. NOCs from the lift authorities

43. Pollution NOC

44. Copy of Endorsement order given by the tehsildar or deputy commissioner of the zone that licenses residential construction on that land.

45. Land Record- details about ownership, rights, obligations and mortgages on the property

46. Construction Clearances- certificate of commencement

47. Approved Planning- building plan and layout plan

48. Projects claim a 'green status'. In that case it should be either certified by the Indian Green Building Council or be rated by Green Buildings Rating System India (GRIHA)

49 . Land Use Certificate: endorsement order given by the tehsildar or deputy commissioner of the zone that licenses residential construction on that land.

50. Master Plan of the Area-


अभी बिल्डर के कांड की कहानी खत्म नही हुई  पिक्चर अभी बाकी है।

Refer Other reference
Fraud by antriksh group builder 
Perfact propbuilt private limited

https://youtu.be/NUFnf4BQAHA


https://youtu.be/YDgrixn6aNk

https://youtu.be/6ycNVkAzwzc

https://youtu.be/TM7CUwwg3Gw

https://youtu.be/_mB1i0ZZhaE

https://youtu.be/L45k3PWX0_E
https://youtu.be/boWyA257PkY

https://youtu.be/0DuEURIBVLY


Wednesday, January 13, 2016

New Test for entry to engineering bring more difficulty for parents

New Test for entry to engineering bring more difficulty for parents

Now more power to coaching industry due to this add on  now normal subject level guidance fee will 1.5 times due to this add on of aptitude.

As concern as subject oriented guidance student still need to study full year because 2-3 month practice is really not give platform to crack the  exam like IIT/NIT or premium engineering exams

Feedback mark to the new  proposal by HRD is 2 -3 out of 10 scale by parents

Ref ; http://www.hindustantimes.com/education/new-test-for-entry-to-engineering-to-be-first-conducted-this-october/story-Dr6rRCbkCqKcUMXMCEovsO.html




Tuesday, January 12, 2016

How to claim PF advance for COVID-19?- UAN Enabled EPF Withdrawal Online if Aadhar, PAN, and Bank KYC updated PF Partial withdrawal Rule 19,10C and for advance form 31

if person do not know UAN Number for old account then they can follow below steps to get UABN Number 

 Case 1: UAN Allotment for Existing PF 


 Link: https://unifiedportal-mem.epfindia.gov.in/memberinterface/ direct link : https://unifiedportal-mem.epfindia.gov.in/memberinterface/no-auth/existingmember/home?_HDIV_STATE_=20-10-104D6F4047CA2C962AF3E58E88933FD5

Direct UAN Allotment by Employees Link:

PF Account Number Format Details | Establishment ID & Extension” 

Old PF Number Format State/establish code ( 4 Digit) / PF Number(independed personal id 3-4 digit) 

 New PF Number Format State/CityEPFO/Establish code(7 Digit)/000/PF Number ( 7 Digit) EPF Balance Check Methords 


Online PF Balance Check for EPFO Member, 


Enquiry Online PF check facility is available at EPFO portal . All you have to do is login the portal using your credentials, and then you can view your PF balance. EPF balance check Through EPFO Portal: Login to www.epfindia.gov.in EPF balance check Through Missed Call: Give a miss call on 011-22901406 EPF balance check Through Mobile App: Download UMANG App EPF balance check Through SMS: Send a SMS to 7738299899 If you have your UAN, skip to the next step. If you do not have your UAN, go to the Member e-Sewa portal and click on the “Know Your UAN" link. You can find this link at the bottom of the login page. If your UAN is not activated, you can activate it by following the “Activate UAN" link just above the “Know Your UAN" link. 


 Unique PPO number Pension Payment Order 


 The unique PPO number is sent to every retiring employee via a letter by the EPFO. It is important for every person who has retired or is on the verge of retirement. ... Other than that, the PPO number also helps in speedy grievance redressal with the EPFO and knowing the pension status online. How to get PPO number using bank account number or PF number? Know here Knowing your Pension Payment Order (PPO) is necessary to get your pension. The PPO number is provided by the EPFO. Every pensioner has a unique PPO. HIGHLIGHTS Knowing your Pension Payment Order (PPO) is necessary to get your pension. The PPO number is provided by the EPFO. Every pensioner has a unique PPO. Every pensioner covered under the Employees Pension Scheme (EPS) is provided with a unique 12-digit number called the Pension Payment Order (PPO) which helps him acquire his pension. If you are a pensioner and you cannot remember your PPO number, here’s how you can retrieve it easily, either using your bank account number linked to the Employee Provident Fund (EPF) or using your PF number. Follow these steps to easily get your PPO number Step 1: Log on to www.epfindia.gov.in Step 2: Click on the Pensioner’s portal Step 3: Next you will be redirected to the ‘Welcome to pensioners portal’. On that page, click on ‘Know your PPO number Step 4: In the next step, enter either your bank account number or PF number On submitting the required details, you will get to know your PPO number along with your Member ID and type of pension. On the other hand, you can also get your PPO number by directly going on to https://mis.epfindia.gov.in/PensionPaymentEnquiry/, which is a separate website of the EPFO that provides all the information about life certificates, PPO number, PPO inquiry, payment information and your pension status. The PPO number is essential when applying for a pension and is needed when one submits his/her life certificate every year. Pensioner's Portal Link: https://mis.epfindia.gov.in/PensionPaymentEnquiry/enquiry.jsp
Knows your PPO No. Link:https://mis.epfindia.gov.in/PensionPaymentEnquiry/RegionCodeController
PPO Enquiry/ Payment Enquiry Link:https://mis.epfindia.gov.in/PensionPaymentEnquiry/paymentEnquiry.jsp

How to request for generate PPO Number 

if you do not have PPO number 

Employees who are yet to get PPO Number

login here: https://cpao.nic.in






12 DIGIT NEW PPO NUMBER



Pension Sanction & Payment Tracking System called 'BHAVISHYA'. The system provides online tracking of pension sanction and payment process by the individual as well as the administrative authorities. 

The forms for processing of pension can be submitted online.

Scheme certificate-Now Available on UMANG APP

Scheme certificate is issued to members who withdraw their EPF contribution but wish to retain their membership with EPFO, to avail pension benefits on attainment of retirement age. Further, Scheme Certificate is also useful for family members to avail family pension, in case of untimely death of the eligible member.

EPS members can apply for scheme certificate under Employees’ Pension Scheme, 1995.

Scheme Certificate is also useful for family members to avail family pension, in case of untimely death of the eligible member.

How can you avail scheme certificate facility?


For availing the service on Umang App, an active Universal Account Number (UAN) and a mobile number registered with the EPFO is required.

Rule for PF advance for COVID-19


75 per cent of the amount standing to your credit in the account, or three months of Basic+DA, whichever is lower.

The application can be made online through EPFO portal.
The application for COVID-19 claim is allowed even if any other advance is pending.
PF advance for COVID-19 can be claimed only once.


How to claim PF advance for COVID-19?

a. Login to Member Interface of Unified Portal
(https://unifiedportalmem.epfindia.gov.in/memberinterface)
b. Go to Online Services>>Claim (Form-31,19,10C & 10D)
c. Enter your Bank Account and verify
d. Click on “Proceed for Online Claim”
e. Select PF Advance (Form 31) from the drop down
f. Select purpose as “Outbreak of pandemic (COVID-19)” from the drop down
g. Enter amount required and Upload scanned copy of cheque and enter your address
h. Click on “Get Aadhaar OTP”
i. Enter the OTP received on Aadhaar linked mobile.
j. Claim is submitted.



How to check your service period transfer?


An individual can check the whether the service period got transferred or not on EPFO's member sewa portal.

An individual can check his past and current service details under the service history tab on the member's e-Sewa portal.



UAN Enabled EPF Withdrawal Online if Aadhar, PAN, and Bank KYC updated  PF Partial withdrawal Rule 19,10C and for advance form 31

https://unifiedportal-mem.epfindia.gov.in/memberinterface/



Now, employee can submit their PF claim for withdrawn/Advance with new  form 19 UAN,10C UAN & 31UAN directly to the commissioner without employer attestation, It is applicable for those employees whose details like Aadhaar number and Bank account number have been seeded in thier UAN and whose UAN have been activated and their KYC have been verified by the employer.

All other employees who not full filling  the above condition shall continue to make their claims of withdrawn/Advance in existing form 19, 10C & 31. 


EMPLOYEE PROVIDENT FUND- PF  Partial withdrawal Rule


Advances / Withdrawls
Advance/ Withdrawals may be availed for the following purposes :
  • Marriage / Education
  • Treatment
  • Purchase or construction of Dwelling house
  • Repayment of Housing Loan
  • Purchase of Plot
  • Addition/Alteration of House
  • Repair of House
  • Lockout
  • Withdrawal Prior to Retirement
  • Other Advances
  • Notes
For Marriage / Education
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-k of the SchemeFor the marriage of:
  1. self
  2. son, daughter
  3. brother, sister
For education of :
    • self
    • son, daughter
Should complete atleast 7 years of service. 3 times in the entire service50% of Employee share at the time of tendering the applicationApply in Form-31 through the Employer

Bonafide Certificate duly indicating the fees payable from the educational institution

Marriage invitation card along with the
application should be submitted through the employer           

For Treatment                            
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-j of the Scheme

Whenever required for treatment

For the treatment of :
  1. self
  2. Hospitalisation for 1 month or more
    1. major surgical operation in a hospital
    2. suffering from TB, leprosy, paralysis, cancer, mental derangement or heart ailment
      and having been granted leave by his employer for the treatment of said illness
  1. family( spouse, son, daughter, dependent father, mother)
    1. major surgical operation in a hospital and 1 month or more hospitalisation for the operation
    2. suffering from TB, leprosy, paralysis, cancer, mental derangement or heart ailment
  • No minimum service required
  • Certificate from ESI or from Employer that the ESI facility are not available to the member
  • a doctor [ or registered medical practitioner] of the hospital certifies that a surgical operation or hospitalisation for 1 month or more is/was necessary
  • In case of TB, leprosy ...etc., a specialist doctor should certify
6 times of Wages

OR

Full of Employee share
(whichever is less)
Certificates of proof as mentioned in the eligibility column

Apply in Form-31 through the Employer
For he construction/ purchase of dwelling unit (house/ flat)                           
Type of Advance
Purpose
EligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-B of the Scheme

Only Once (either 'construction or purchase of house' or 'repayment of housing loan)

Apply in Form-31
For the construction/ purchase of dwelling unit (house/ flat)
  • Should complete 5 Years of service
  • Only once in service
  • property should be in the name of self or spouse or jointly
  • should not be a joint property owned by other than the spouse
36 times of WagesDeclaration in the Proforma obtained along with application signed by Member

Apply in Form-31 through Employer
Repayment of housing loan                    
Type of Advance
Purpose
EligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-BB of the Scheme

Only Once (either 'construction or purchase of house' or 'repayment of housing loan) Apply in Form-31

Repayment of housing loan

  • Should complete 10 Years of service
  • Only once in service
  • property should be in the name of self or spouse or jointly
  • should not be a joint property owned by other than spouse
36 times of WagesDeclaration in the Proforma obtained with approval and signed by the Member

Apply in Form-31 through the Employer
r the purchase of site/ plot                  
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-B of the Scheme

Only Once

For the purchase of site/ plot
  • Should complete 5 Years of service
  • Only once in service
  • property should be registered in the name of self or jointly with spouse 
  • should not be a joint property owned by other than spouse
24 times of WagesFilled-up Declaration(from the Employee in the prescribed form and enclosed with the application.

Copy of the Purchase Agreement

Apply in Form-31 through the Employer
Addition/alteration of house                  
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-B(7) of the Scheme

Only Once

Apply in Form-31
Addition/alteration of house
(same type of advance can be availed for repair of house)
  • Should complete 5 Years after construction
  • Annexure III (construction / completion certificate/ utilisation certificate) should be submitted
  • Only once in service
  • property should be in the name of self or spouse or jointly
  • should not be a joint property owned by other than spouse
12 times of WagesCertificates of proof

Apply in Form-31 through the Employer
Repair of house                                                        
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-B(7) of the Scheme

Only once    
Repair of house
(same type of advance can be availed for alteration of house)
  • Should complete 10 Years after construction
  • Annexure XIII (construction completion certificate) should be submitted
  • Only once in service
  • property should be in the name of self or spouse or jointly
  • should not be a joint property owned by other than spouse
12 times of WagesCertificates of proof

Apply in Form-31 through the Employer
Lockout or closure of the establishment                          
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-H of the Scheme

Whenever need arises    
Lockout or closure of the establishment
  • No minimum service
  • should be closed for more than 15 days
  • Wages for atleast 2 months is not paid
  • Balance should be there in Employee's share. If closed for more than 6 months, advance can be allowed from Employer's share also
equivalent to the total of wages multiplied by no. of months closedDeclaration

Apply in Form-31
Withdrawal prior to retirement                                
Type of AdvancePurposeEligibilityMaximum Admissible Amount**Proof/ documents required
Under Para 68-NN of the Scheme

Only once    
Withdrawal prior to retirement
  • No minimum service
  • atleast 54 years of age
  • 1 year before retirement
90% of total of both sharesCertificate from the employer showing the date of retirement

Apply in Form-31

Public Provident Fund - PPF Partial Withdrawal Rule


Public Provident Fund - PPF  Partial Withdrawal Rule 



you can make one withdrawal per year starting from your seventh year. The first withdrawal can be done after the expiry of 5 full financial years from the end of the year in which your initial subscription was made. The amount of withdrawal will be limited to 50% of the balance at credit at the end of the fourth year immediately preceding the year in which the amount is to be withdrawn, or the balance at the end of the preceding year, whichever is lower, as per the PPF rulebook. Thereafter, you can make one withdrawal per year. The withdrawal amounts are not repayable.


apply in Form C or as near thereto as possible, together with his pass book to the Accounts Office withdrawing from the balance to his credit, an amount not exceeding fifty per cent of the amount that stood to his credit at the end of the fourth year immediately preceding the year of withdrawal or at the end of preceding year, whichever is lower,

Wednesday, December 2, 2015

PRECAUTION BEFORE TAKING THE POSSESSION OF THE FLAT- Real Estate

PRECAUTION BEFORE TAKING THE POSSESSION OF THE FLAT

#Realestate
·         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
ShareHolders
Credit Rating
Directors Details
Certificates
Certificate of Registration of Mortgage
Certificate of Incorporation