Saturday, May 3, 2014

Mantri Courtyard Villas for sale Located at Electronic City, Bangalore available with 3BHK Villas and 4BHK Villas.

Mantri Courtyard Villas Area Range 1690 - 3495 sq.ft, Located at Electronic City, Bangalore available with 3BHK Villas and 4BHK Villas.

Introducing Mantri Courtyard, Row villas with a private green space that fills joy in your life. Get back to a home with a private outdoor space, a space that fills you up with happiness, a space where you can recharge, refresh and rebalance yourself. Find that space at Mantri Courtyard and rediscover the joy of living.

Project USPs
Private courtyard with every home
Large well equipped clubhouse
Serene residential row villas
3 & 4 BHK villas
Area starting from to 157 to 324.69
(1690 sq.ft to 3495 sq.ft)
2 parking slots with each home
Squash court
Table Tennis
Pool Table
TV room/ Mini Theatre
Karaoke Room, Dance/Aerobics floor with Music System
Tele-Medicine Centre and Health Room
Convenience Store
Banquet Hall
Chess/Carrom and other indoor Games
Library/Reading Room
Outdoor Amenities

Swimming pool
multifunctional pool including a bubble pool, an activity pool and a toddlers pool
Outdoor party area
Landscape gardens
Children's play area
Tennis court
Budget for the common man

Finance Minister Pranabh Mukherjee has not paid much heed to most of the demands of the real estate sector. Instead, he has taken steps to make it easier for the aam aadmi to own a house. While not much has been offered to the mid- market segment, he has kept in mind the weaker sections of the society. This Budget has raised the priority sector home loan limit from Rs.20 lakh to Rs.25 lakh. Also, the interest subvention of one per cent on home loans up to Rs.15 lakh, up from the previous limit of Rs.IO lakh will come as a relief to the lower income group.

People claiming tax benefits on interest payment up to Rs.l.5 lakh on home loans can breathe easy as this continues. Srinivas Acharya, Managing Director, Sundaram BNP Paribas Home Finance, said that One per cent interest subsidy for loans up to Rs.15 lakhs / cost Rs.25 lakh (earlier 10Iakh / 20lakh) and the continuation of tax benefit on interest on home loans up to Rs.l.5 lakh are positive moves for the housing finance sector and will fuel growth. The setting up of a mortgage registry to prevent frauds is also a positive move according to Anuj Puri, chairman and country head, Jones Lang LaSalle India.

With at least four states heading for elections later in the year, the focus has been on the economically weaker sections. Also, the proposal to create a Mortgage Risk Guarantee Fund under the Rajiv Awas Yojana will guarantee housing loans taken by economically weaker sections and low income group households and enhance their creditworthiness. Brotin Banerjee, CEO and MD, Tata Housing Development Company feels the budget is positive. He opined that the investment- linked deduction to businesses which develop affordable housing and under a notified scheme is also a welcome initiative. However, like others in the industry, he also feels that the Finance Minister has not considered the real estate sector's major recommendations, such as grant of infrastructure status, extension of tax exemption / tax rebate under Section 80 IB and facilitating external commercial borrowings. By removing archaic laws and bringing taxation to a reasonable level, the Government could have certainly brought more cheer to the real estate industry. The beneficiaries could be players like Unitech and Ansals, given their plans for budget housing.

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