Welcome, Guest    
 
Login  Contact Us RSS Feeds
Home
  Add Property                
Register Free to find a Perfect life partner In AnytimeMatrimony | Equated Monthly Installment(EMI) Calculator | Stamp Duty Calculator | Area Conversion Calculator | Know answer for your Taxation query | Ask Legal Advice @ Free of cost | Vaastu Tips
FAQ Sitemap
 
Newsletter Signup
Subscribe for our property news letter



 
 
News Search
Type a keyword to search.



[OR]

Select a city to search property news.


 
 
News Archieves
September 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
September 2008
June 2008
February 2008
January 2008
December 2007
November 2007
 
 
External Links
 ICICI Home Loans
 LIC Housing
 HDFC Home Loans
 SBI Home Loans
 Axis Bank Home Loans
 Tamilnadu Govt Links
adProperty News For January 2008

     
 
Is encumbrance certificate sufficient to ensure property tit
Source : The Hindu Property Plus Published On : 2008-01-05 City : Chennai

The encumbrance certificate contains all the transactions registered relating to a particular property for a period (as required), writes C.H. GOPINATHA RAO

Encumbrance is a legal term for anything that affects or limits the title of a property, such as mortgages, leases, easements and liens. In regards to property transaction encumbrance certificate is a document issued by the Registrar’s office. The encumbrance certificate contains all the transactions registered relating to a particular property for a period (as required). It is advisable to get encumbrance certificate before effecting any transactions. This will also help in arriving at proper entitlement of the property.

The non-testamentary documents relating to immovable properties are registered under BOOK 1 and preserved permanently which only will reflect in the encumbrance certificate. The documents registered under BOOK 1 include the deeds of sale, gift, settlement, partition, release, mortgage, rectification, consent, exchange discharge, security cancellation, mortgage assignment and agreements of lease and sale. It also includes any documents for consideration or supplemental documents to the documents executed for consideration with the description of immovable property. Book No 2: records reasons for refusal to register the documents. Book No. 3: Register of Wills and authorities to adopt. Book No 4: Miscellaneous Register. Book No 5: Register of deposit of Wills....

  Read More
 
     

     
 
Factors to be weighed before buying property
Source : The Hindu Property Plus Published On : 2008-01-12 City : Chennai

Access to medical facilities and schools, and travel time to work place also influence the decision

Today, buying a property is within the reach of the common man. There is a variety of choice. Many lending institutions and banks facilitate purchase of properties at various levels. There is a healthy competition between the builders. In the process, the quality of properties being sold by builders has improved tremendously.

For you, purchase of a property, especially, your home is still a vital decision. There are many matters which will be helpful for u to consider in arriving at a decision....

  Read More
 
     

     
 
Escalation in construction cost of buildings in 2007
Source : The Hindu Property Plus Published On : 2008-01-26 City : Chennai

The cost index shows that the percentage increase in the cost of construction from 2006 to 2007 is about 18%, writes C.H. GOPINATH RAO

The price of materials and cost of construction are on a steady rise. The details provided by government organisations, like the Public Work Departments of both the Central and State Governments, help us understand the extent of price rise. The government data is based on the cost of various inputs, including contractor’s margin. The cost of construction per unit of plinth area is arrived at based on the specifications assumed and a scheduled of rates is arrived.

While the state PWD updates the plinth area rates every year, the Central PWD has prepared the rates as on January 1, 1992, with the base as 100 at Delhi for standard specifications. The departments also furnish the cost indices for other cities. For buildings that have specifications different from that mentioned, along with the plinth area rates provided, adjustments have to be made by adding or subtracting for superior or inferior specification. For example, in the case of poor soil warranting special foundation suitable addition is to be made for the difference in the cost of foundation. ...

  Read More
 
     

     
 
Gated communities a global concept, a way of life
Source : The Hindu Property Plus Published On : 2008-01-19 City : Chennai

Round-the-clock security and after-sales maintenance are attracting people, writes SHANTHI KANNAN

Do you want to live in an independent house in a good residential area, enjoy all the amenities one could wish for, and an enclosed neighbourhood? If the answer to all these questions is “yes”, then a gated community is what you have to look for.

The gated community is a global concept. Today, it is becoming a way of life in many countries, including India. The concept started in the Western parts of the world, the dates back to the earliest civilisations, when the wealthy favoured high walls and closed gates that turned their communities into private ones. In addition to providing increased security, the purpose of these communities was to foster segregation and increase the sense of exclusion. This phenomenon has rapidly gained ground in many countries across the world, specifically in China, Mexico, Brazil, Argentina, South Africa and the United States of America....

  Read More
 
     

     
 
Home loans drop in 2007
Source : The Hindu Property Plus Published On : 2008-01-12 City : Chennai

For all the talk of economic booms, financial conservatism held true in the urban market, says PAUL COMRIE.

Property trends for the 2007 fiscal year shows a drop in home loans, despite Chennai’s bullish real estate sector. For all the talk of economic booms, financial conservatism held true in the urban market. While banks currently demand 15% as down- payment for domestic loans, Mathew Joseph HDFC’s Regional Manager finds the reality otherwise. “We get anywhere between 40-45% of all home loans paid up front from personal savings. So in the majority of home loans we service roughly 60% of the actual debt owed.”

The median loan for the metro area in the past year stood at roughly 20 lakhs. Bank assume on average 60% percent of the total property value, which leaves a monthly mortgage payment of Rs 20-25 thousand. Assuming the cost is shouldered by one income alone, that individual would have to earn between Rs 35-40 thousand per month....

  Read More
 
     

Pages : 2 of 5 « Prev  of 5 Go  Next »

 

More on Anytimeproperty
 
City Based Properties
 
Useful Tools Property News Search Property Calculators Others
© 2017 Any Time Property All Rights Reserved. Home | About Us | Advertise | Testimonials | Help & Support | Contact Us | Careers | FAQ | Feedback | Sitemap
Privacy Policy | Terms and Conditions Developed by Snick Technologies