ARRANGEMENT OF LOAN FACILITY
The banks and financing agencies like HDFC,LIC,Indian Bank, SBI, IOB, and all other major national and multi national have approved our projects of apartments and houses that we undertake. It is easier for the clients to avail loans up to 85% of total cost depending on the repayment capacity of the clients . We will assist you in availing the loans by providing all the necessary documents.
LOAN- NRI-GUIDELINES
1.The NRI investor has the option to raise their investments from financial institutions and banks.
2.The provisions relating to purchase/sale of immovable property in India by non- Resident Indians (NRIs) are provided in the Foreign Exchange Regulation Act, 1973 and the Income-Tax Act, 1961.
3. As a consequence on the liberalization in Exchange Control policy and Procedure, the government has brought about major legislative and policy changes to encourage NRI investment in real estate. The salient feature of liberalized policy and updated position are discussed in detail below.
a. Non- Resident Indians holding Indian passport do not require prior permission of reserve bank of India to buy a residential or commercial immovable property in India.
b. The purchase consideration may be paid either by remittance of funds from abroad through normal banking channels or out of NRE/NRO/FCNR account.
c. Non – Residents of Indian nationality do not require any permission for acquisition, transfer or disposal by way of gift of immovable property which is not a farmhouse or agricultural land or plantations property. Declaration of form IPI-7 for acquisition of commercial property for carrying on any industrial, commercial or trading activity by their proprietary partnership firm in India is required to be field with RBI within 90 days from the date of purchase.
Acquisition of immovable property by foreign citizens of Indian origin .
i. Under the general permission to non-resident Indians holding foreign passport, the reserve bank of India has allowed them to acquire, hold, transfer or dispose of by way of sale or inheritance, immovable properties situated in India the general permission is granted, provided:
1. The property is for the purchaser’s bonafied residential use
2. The purchase consideration is met either from funds abroad through normal banking channels or out of NRE/FCNR account or out of FCNR special deposit account .
FLAT PROMOTION
Trichy based consultant of repute engaged in residential flat promotion, civil construction, commercial building promotions architectural design and property buying & selling services we are engaged in flat promotion services. We offer our customers novel buildings at cost effective Way. We are renowned for providing customized flats and elegant lining at reasonable price range coupled with satisfying and rewarding customer care services.
We provide apartments & flats, which are aesthetically constructed, have suiting ambience and located at plush localities.Ever since our inception, we have complete several projects in and around Trichy city successfully. Unifying traditional architecture with modern designs and style, we provide flats that stand testimony to our work for many years to come. One of our master piece of work is Asoka apartment took place in thillai nagar, Trichy.
We are handling several on going project in Trichy district, in Trichy town.
Basic Amenities of our construction
Flooring - 600 * 600 mm Vitrified Tiles (J&J Marbonite).
Bathroom - 300 * 200 mm wall Tiles & 300 * 300 mm Tiles for Flooring.
Doors - Main door Burma Teak wood, and all other doors are seasoned country wood. Polywood (Rigid PVC) doors for
Bathrooms - Windows -Glass with country wood frames.
Kitchen - Kitchen table with polished granite slab, stainless steel sink and Ex-Haust fan
Storage - Closed Wardrobe in Bedroom & Kitchen. Cuddappah Slabs in Bedroom & Kitchen
Painting - ICI Super Cote paints at outdoor and Enamel for Doors and Windows, Emulson for interior and Main door with Melamine Polish.
Electrical - Concealed Wiring and Modular Switches(Toyama) in Hall & Bedrooms.
Electrical Main - Three phase power supply with MCB Provision and separate Meter
Fittings & Sanitary ware - Plumber (ISI) & Parryware fittings.Plumbing -All water supply and Drainage lines by rigid PVC pipes
Water supply -- Bore well / metro water. Separate sumph for Metro Water and O.H.T also Separate O.H.T for Bore Well Water with high quality fittings for Toilet & Bathroom.
Telephone -- Concealed Television antenna point and Telephone point.
Lift Facility -- A Five Passenger Lift.
Parking Facility -- Free Covered Parking for Two Wheeler's, Covered Individual Car parking at extra cost.
We use ISI marked and above quality materials
Note: Registration charge, covered car park charge, metro water, electricity,property tax, drainage Connection charges are extra.