Archive for October, 2010

2 What is my undivided share of the property

your undivided share of land must be equal:
The built-up area of your flat in the approved plan / Total built-up area of the project in the approved plan This is usually expressed as a percentage of the total land area. Therefore, the proportion of the shares of the undivided land of all property owners in a building will be equal to one hundredth This ensures that the title of all countries, so that the entire Buildings in the group of owners of apartments in the complex too.
The deed transfer of the undivided interest in your favor to be properly registered before the start of construction of the courts.

3 If you are eligible in the building ISP?

1. The GFZ (FSI) is an important parameter, you know.

3 The entire structure as indicated in the plans of the promoter Fered the permissible FSI.

4 If you give me an Allotment Letter?

Insist on a subscription at the time of booking, which must be clear say:
>> All-inclusive firm fixed price (although, the various components such as the cost of land, registration and stamp duty for transfer of undivided property and the cost of construction) and the payment schedule.
>> How much of the home (like the sketch plan), in the region and the features incorporated.
>> Dedicated and delivery time and the commitment of the damages for any delay.
>> If your manufacturer does not offer you a subscription, You face the uncertainty of not knowing
>> The exact amount you will end paying for your apartment.
>> If You have possession of your apartment.
>> Whether you promised all functions.

5 Will you give me an overall agreement for the construction?

1. The construction agreement, the obligation to justify in terms of land costs (you), stamp duty and registration fees, the cost of construction, payment schedule, the list of functions, at the time of delivery, the warranty after delivery, etc.
2. If defined the responsibilities and obligations of the contractor (or contractor) and running (or purchaser) and is usually on a Rs.10.00 stamp paper set by the manufacturer and buyer, in the presence of witnesses .
3 The construction contract is the only source for the way to the apartment in connection with the assessment and the law of demand draft in your name. Because the document of ownership, donors would call it when you apply for a loan apply to them.

6 I have a copy of the PDA plan approved and building permit before construction begins

1. The plan will not be booking to control fully compliant with the rules of development and the plan is approved by the PDA were, therefore, may be different. Therefore, insist that you start a copy of the approved plan and building permit before construction of the complex where. Review the position of your flat in the plan is approved by the award letter.

7 What are your obligations and complete offer for the house?

1. Set sure that the manufacturer gives you the complete output from the PDA, so that the construction is confirmed by the approved plan.

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Reduction Notice:
A note to the owner (s) or occupant (s) a property that creates a private nuisance served, she warned of the intention to abate the nuisance to the country.
Absolute Title:
1 The right of ownership of a mortgage to the right, under certain circumstances, is to demand full repayment of the debt at the time of maturity
2 in a clause. a contract or an action for the early termination of a passionate interest in the land under certain circumstances, thereby developing the future interest
agreement for sale / rent.
A contract enter into a signed lease (or sale), which may be enforceable either must be in writing and the person against that steps be taken to hit the alleged breach of contract, and it must be an act of sufficient power to be part.
alternative utility:
The value of land and buildings, which reflects a prospective use which is from the current use
amortization.
1 (United Kingdom) The concept of writing on the capital cost of a physical property damage caused by a sinking fund.
2 (USA) The payment of a debt in equal installments of principal interest because the interest only accept payments. anchor tenant . one or introduced several departments, or different stores or supermarkets, in a shopping center in key positions to the public in the mall, to win, to encourage other retailers lease no highway shops, the largest of the development of more anchors required annuities. paid
A sum of money each year in the life of the recipient An annuity is usually paid as a legal obligation under a contract or undertaking, as in a pension plan and can rates paid more frequently than once every twelve months
asset valuation in the real estate market.
This concept is important in assessing whether the use of land and buildings or machinery and equipment, the term is. often used to give an opinion on the value of a property that is in the accounts, if the owner of the assets can not be transferred must be able to describe to be installed, but the assessment for the buyout, flotation of shares or mortgage needs.
Mission:
The transfer of ownership, especially a lease from one party to another
atrium.
A hall of a building, . often by increasing the number of storeys and containing lifts, reception areas and plants originally had the room or apartment in chief of a Roman house

Balloon payment.
A refund of the loan, a bond, usually but not necessarily the final repayment, which is greater in amount than other installments
shell: describes
This. . the condition of an asset after the completion of construction activities and facilities construction services based on a bareboat contains basic floor -. tiled Apart mosaic, cement or granite and plastered walls of which can use the facilities of the pantry and a toilet in such a state in operation.
rent.
A stream of monthly maintenance fees and interest or cited by the owners of a property The basic rental fee is only the payment for the use of the subject property under a lease. The cost of paying the cost of the investment costs of developing and maintenance costs of buildings are generally not included in the basic rent
Bayana.
A term of the Indian token given money to the landlord to informally freeze negotiations on describing a particular property after the original terms were formalized
breach of contract.
an act or omission contrary to applicable specifically for the contract and / or damages, the remedies available to terminate type of injury
Agents.
A person or company that proposed as a means of owners and buyers with the objective acts on the completion of a real estate brokerage business
:..
1 Commission paid a broker
2 The activity of a broker by bringing together two parties in a transaction
Statute of the building.
local management of the building principles to regulate and control the use of land, homes and land in the cities
Construction. Contract:
A contract between the owner or occupier of the land and a building contractor, setting out the conditions under which the construction must be completed, the remuneration, time scale, and penalties, if any, for non-compliance with the terms of the contract meet
Business Center.
premises by the occupants for a short period on a membership basis of the Center normally used for a business center for the cost of accommodation. Full-Service, which is usually much higher than renting office space and higher standard than renting office space and includes standard Normally, the cost of HVAC, housekeeping, electricity and security systems
Business Park.
A park with high-tech, other amenities for business purposes, in contrast to the high-tech park or park science. The building density is lower than would be normal in a traditional industrial area. Business Parks are preferred where , where the motorway, rail and airport communications are within walking distance
buy-out rate.
In a funding agreement between a developer and a prospective buyer, the return on investments predetermined is used, use the income received by each year shall be the date of sale to purchase from price

capitalization.
1 to a given time, the conversion into capital, which is a series of net receipts, actual or estimated over a period of time.
2 A method of determining the final purchase price for a development with an agreed formula, real or supposed, the first convert rental income under capitalism. These capitalized amounts can be deducted from payments to a fund for the purchase of interim financing, with any surplus paid to the developers.
3 With respect to the reserves of a company, the conversion into capital of money, which then is distributed as a funding problem
catchment area.
1 The area of the country that finds its way into a watercourse, lake or reservoir
2 the analog. area, that people who your products, services, employment or other benefits of a specific property can be obtained contains. Especially with local retail, where the success of forecasting depends on the accuracy of the estimate of the number of purchasers (catchment population) likely to the various parts of the region and the average expenditure are attracted to what is expected of them
Central Business District.
The functional center around which the rest of the city, to compare the prices of office space, recreational facilities, buildings for recreational, public museums, art galleries and government functions in the general area of the higher value of property in the city
Zone:..
A zone must be cleared of all buildings in the rule promulgated by a government declaration, which normally is the land acquisition and clearance area declaration followed completion certificate.
1 (United Kingdom) Declaration of lawyers prepared to act as a rule, those looking for a buyer and a seller, or after the transfer of a stake in real estate, which gives a list of sums received leading the rest of the final amount due to seller. In some cases, the statement at a later date prepared and a number can a refund by the buyer by the seller have.
2 A certificate from the local development authority certifying that all necessary work has been completed and the property is fit for professional output.
Condominium (USA):
A building or structure of two or more units, the interior of private property and the rest of the property (land and buildings) jointly by the owners of individual units instead of <. br /> Transportation.
A document transferring ownership from one person to another
Current performance: pay
The interest rate that is or would be an appropriate time of the assessment, provided that the property, full left to its rental value. This is the same as the reversion yield where the return is the full rental value, the same as the long-term performance where rental payment is from the lease full rental value . be

Developer:
A contractor who has an interest in a property, directs the development and ensures that these operations are carried out (profession, trade or investment) and readily accepts the responsibility for providing or procures the necessary resources needed to fund the entire project
control development.
The powers of the local planning authority to development and land use, including, among other things
control a) the refusal or grant (with or without conditions) of planning permission;
b) the issue of enforcement notices;
c) the preparation of the revocation, change or removal; />
e) the designation of areas for the conversion;
development performance:
In an evaluation to ensure a basic pension, the rate at which costs are de-activated in order to find the net annual rental occupancy, it includes:
a) an investment return />
c) an annual depreciation funding
analysis of cash flow information:
The techniques in the evaluation of investment and development in the future are inflows and outflows of cash with a special project from today’s perspective, by discounting used for printing. The most common form of the DCF, the Internal Rate of Return (IRR) and net present value (NPV) are. The techniques can be used for purposes as land valuation and investment, the ranking of projects or their components are used

Bondage (UK).
the rights to each parcel is entitled to a to use dominant owner property owner funds in a particular way used or the limitation of the rights enjoyed elsewhere by the Servient owners, such as a right of way, right to light, the right to support. Strictly speaking, easements do not exist “in gross”, that is personal and not for the ownership of land, but rights similar to easements can be created by law, usually in favor of public utility companies, and these are commonly referred to as “statutory easements”
rent in force.
The gross rent payable per month by the occupiers that is the base rent includes rent, maintenance charges, imputed costs of loss of interest on deposits and advance security. The effective rent indicates the total amount invested by the inmates every month for the property
mortgage actions.
A mortgage with interest charged on capital wholly or partially, usually annually, is by reference to security, z . as it may reflect the annual increase or decrease in the financial statements, or the value of the property where the mortgage is guaranteed possible
escalator specified in the lease, in which the renewal of the lease are installed.
This is an increase in base rent for each renewal of the lease in the basic rent for each renewal of a lease and is generally a percentage of the negotiated either before or agreed before the extension of the lease.

F

Facility Management:
The coordination of many disciplines to create the optimal work environment for employees
rent Fail.
The rent for a certain rent officer (or, on appeal, by a rent assessment committee) under a lease controlled and registered
.
act to regulate certain payments exchange, investment, import and export of cash and real estate acquisition by foreigners. In accordance with Article 31 (1) of the Foreign Exchange Regulation Act (FERA) of 1973, it is mandatory for foreign companies which are not involved in India to acquire the permission of the Reserve Bank of India (RBI) to possess, transfer or dispose of in any way to get (expect a lease for a period not exceeding five years) for real estate in India
Fire certificate.
A certificate of safety issues by the law, for hotels, guest houses, factories, shops and local offices of the railway, with the exception of buildings with less to receive as a minimum number of employees. Fire certification, you must request a Certificate of fire, ask an officer to shoot, then checks the building and returns a list of requirements (eg fire doors). Once the fire officer is satisfied that those requirements have been met, the certificate of the fire problem. It can fire officials, emergency, to have prior knowledge inter alia of the permitted number of people on each floor, it also informs the officials authorized flammable / explosive materials on site
fitout .
relate to a permanent requirement in the interior of a property including HVAC lines, the implementation of the fire protection system, and creates jobs and telephone / computer wiring to include the adjustment of the property for use to make
flattened factory.
An industrial building more than one floor, usually with two or more elevators and built or renovated for more crew. The building is divided into small units separately occupied for manufacturing, assembly and storage shareholders divided
Acts of God ..
A force that can resist, in other words, something outside the control of the parties it contains more violence and acts of the people, for example, riots, strikes, arson. In many contracts and insurance policies, specific provision for damages or injury resulting from acts of violence. For example, the financial responsibility of a contractor for failure to comply can be completed by a certain date, as far as it can be increased due to force majeure There is a clause in the contracts, the most common property
Foreclosure:..
1 (UK) The Mortgage limited power, the mortgage holders to remove the right of redemption by the transfer of the debtor in the property. to himself, in the event of failure of the mortgagor to pay fees or compliance with all other conditions, mortgage deeds.
2 (USA) The legal action through which you can sell a mortgagee’s interest to meet mortgage on property to reduce debt .. as a “forced sale” Even the repayment of a mortgage debt right of redemption applied Freehold
In common language, this shall be an abbreviation for . Used occupation of a property in fee simple absolute taken possession of Strictly but condo fees simply accrued interest and rent paid for the life of facade (online) includes:. The total length of the land or a building along the road where the land or building fronts. In the case of contiguous buildings individual frontages in typically in the middle of each wall are measured

G

Greased.
leaseback assignment by an owner of condominiums or leasehold interest in its ownership or lease of which the rent is set by a fixed percentage of some variables, often rack rental value
Gold cause (UK).
A clause in a lease that will be discussed for the lease by reference to the price of gold provides.