Purnima Villa Located in Electronic City,Bangalore offered with 4BHK Villas

Purnima Villa Located in Electronic City,Bangalore offered with 4BHK Villas

Overview

4BHK Villas for sale in Electronic City, Bangalore at Purnima Villa.
Better Place to live for Smart People:The Perfect Place for those who wish to be away from the Noise and Pollution of the City, yet remain close to all the conveniences the city has to offer.

Amenities:

Children’s Play Area
Gym
Multi Purpose Hall
Indoor Games Room
Jacuzzi

Tree Planting

To mitigate hazards due to global warming, tree planting is to be encouraged. Tree lovers are struggling hard to retain trees affected from road widening by Bruhat Bangalore Mahanagar Palike (BBMP). They are organizing agitations, preventing persons entrusted to cut trees, and arguing with BBMP authorities. This happened a few years back when BBMP commenced widening of Sankey Road by removal of well grown trees. Similar agitations were held for widening of Sampige Road and road along Bangalore Palace. The Sankey Road residents were even arrested and later released . Their interest is not to affect environment by removal of trees, is to be appreciated. Sankey Road residents are showing the way to residents of other parts of the city to protect trees in their respective localities. Such active citizens should be honoured for their good citizenship. Such devoted people should be elected as corporators and legislators in the interest of improvement of the city. There should also be awareness for proper footpaths for use by pedestrians, pedestrian crossings, rejuvenation of vanishing lakes, etc. 

BBMP may review its road widening program to see whether all the roads proposed for widening are required to be widened in view of the introduction of Metro Rail and proposal to take up Mono Rail networks, and bus transport as feeder service. Road traffic is expected to be less by about 40% after such multi-modal transportation is introduced. There is also a proposal by the Railways to introduce Suburban Rail to help the commuters. The efforts of some European cities is to create hardship for movement of private vehicles by prohibiting private vehicles in the central business district during peak hours, and levy of congestion tax for movement of private vehicles in the central area. The idea is to force the citizens to use mass transportation. But, we have to consider such policies only after effective provision of metro rail and mono rail net works and not till then. 

Some of the architects and builders interested in improving urban environment are providing vertical gardens in tall structures and on terraces. More and more instances of civic awareness are likely in future due to environmental degradation, global warming, etc. affecting living conditions. 

The good living conditions in earlier times with sincere administration in providing parks and tree planting for the benefit of people is mentioned herein. We have read in history books about the good administration by some rulers. It is mentioned among their achievements in the administration that the rulers formed avenues with trees and formed parks. The capital cities of the earlier rulers have roads with tree planting, good parks, landscaping, boulevards, public buildings with good landscaping, etc. Mysore, Delhi, Jaipur are examples of such cities. New Delhi developed by British rulers is an example of good roads with trees, parks, landscaping around heritage structures, etc. Moghul Kings contributed a lot for landscaping in their palaces and premises of heritage buildings. Even industrialists like Tatas have contributed to good tree planting in city like Jamshedpur. Hyder Ali developed Lal Bagh in Bangalore. During the Britishers rule, Cubbon Park was developed. Bangalore Palace area is another example of good tree cover around Palace building. Role of former army officers is to be appreciated for forming good cantonment areas providing wide roads with tree planting, parks and playgrounds, etc. Cities like; Bangalore, Belgaum etc, are examples of good urban development by army officers. Le Corbusier is remembered for his valuable contribution in the design of Chandigarh City where one third of the city area was used for forming parks, gardens, avenue trees, green strips, urban forestry, etc. Adequate provision for green spaces are made in Chandigarh for good environment. 

In Singapore, green corridors are developed connecting parks and natural valleys. In Sao Paulo, Brazil, private sector is involved under public-private partnership to plant trees and monthly progress in tree planting reviewed. Such policies and programs are required to be introduced in large cities of India in the interest of improving environment. 

BBMP has its own Horticulture Section . Most of the park areas reserved in BDA extensions and enforced in private layouts are lying as vacant spaces where debris and garbage are dumped. There are instances of encroachment also in the neglected park areas. BDA may develop the park areas before handing over its layouts and private layouts to BBMP for maintenance. 

The Horticulture Department and the Forest Department may also take up parks/mini forest projects in Bangalore to contribute towards bringing back the name of Garden City. Tree planting may be taken up in wider roads formed by BDA like Outer Ring Road and other roads. 

In view of Global warming and indifferent weather conditions, serious action is necessary by civic agencies as well as private sector developers, builders, and Corporate companies to provide tree planting as much as possible in their projects. 

The Karnataka High Court observed during November, 2014, that the state administration is not aware of the number of trees in Bangalore, how much green space is lost in the recent years to make way for high-rise buildings and infrastructure projects. The Honourable Court directed the State government to constitute a ‘Tree Authority’ under section 3 of the Karnataka Trees Preservation Act,1976. It was directed that the Authority has to closely examine every tree before it is fell. The aim is to ensure transparency, reduce air pollution, and maintain greenery. This was reported in Deccan Herald news paper dated 13-11-2014. It was mentioned in the press report that BBMP formed earlier two committees separately for Bangalore North Taluk and Bangalore South Taluk, but they have not met even once till date. Environmental experts commented that such lapses in governance is unfortunate. As the effects of Global warming is bad, Government should monitor actions by BBMP for improving greenery. 

Regulations for provision of parks and open spaces : 

Earlier, 15% of the layout area was reserved for parks and open spaces in BDA extensions as well as private layouts. But, in the Master Plan – 2015, the provision was reduced to 10%. Due to this, the result is more of concrete surfaces and less of open spaces. At least, the same percentage or more should have been maintained in the interest of mitigating the hazards of deteriorating environment. Why not they follow the example of Singapore, Kuala Lumpur, Sao Paulo in Brazil, and Chandigarh, etc. Master Plan-2031 which is under preparation by BDA , should make higher provision for parks and open spaces. It should be 15% of the layout area, this has to be ensured by Government while according approval to the Master Plan-2031. 

Tree planting is required in : 

Parks 

Boulevards 

City roads and highways 

Boundaries of playgrounds 

Open spaces in public premises 

Lands not fit for building purposes 

Green Belt (Agricultural Zone) 

Natural valley margins, and 

Apartments, and commercial complexes. 

Suggestions : 

1. The National Urban Housing and Habitat Policy, 2007 states that “It will be desirable to pursue a goal of 20-25% recreational land use area (excluding water bodies) which has been prescribed for metropolitan cities by the Urban Development Plan Formulation and Implementation (UDPFI) Guidelines in order to improve environment in large cities. This policy is to be enforced strictly by making adequate provisions for parks and open spaces in the master plans, and building byelaws. In BDAs Master Plan-2015 the UDPFI guidelines are not followed. At least in the next master plan, UDPFI guidelines may be followed. 

2. Concessions in property tax may be introduced for every tree planted and maintained after the trees are maintained and grown up. 

3. Hierarchy of road network may be planned to provide for adequate width for tree planting. In any road widening scheme, the existing trees should not be cut but additional traffic lanes provided by taking over road margin areas. 

4. In some commercial complexes, trees are removed in the frontage of the complex for parking of their vehicles. This should be prohibited and only entry of vehicles through a gate be allowed. 

5. Trees are removed for road widening, transmission lines, etc. Double the number of trees removed should be planted and maintained. 

6. Bangalore Palace declared as taken over by government under The Urban Land Ceiling Act, 1976 earlier, and is said to be under litigation, may be provided with lot of tree cover to enable citizens to use it as a Third City Level Park in addition to Lal Bagh and Cubbon Park. 

5. Government lands in Bangalore Metropolitan Area may be developed as tree parks/urban forests including the government lands after clearing the encroachments. 

6. The Comprehensive Development Plan (CDP)-1984, provided two thirds of the Metropolitan Area reserved as Green Belt. In future master plans, areas for further urbanization may be proposed beyond the Green Belt with good connectivity instead of reducing the Green Belt area reserved already in the earlier master plans. 

7. The buildings allowed as permissible uses in the Green Belt area with 20% of the land as built up area with ground and one floor may be discontinued as it is observed that later without effective enforcement, violations are made increasing the built up area. It is suggested that buildings may be completely prohibited in the Green Belt area. 

8. For improving the beauty of the cities, Corporate companies may be involved to adopt particular roads for beautification with tree planting by allowing limited advertisements for their own purpose.

Environment and beauty of the city will improve by adopting the above policies. The resident welfare associations and other associations/forums may create awareness on these civic matters and convince the agencies for actions to improve the environment.

Bangalore properties like Apartments / Villas / Plots / Independent Houses ....


Real Estate Properties are available in Bangalore City.......


2BHK Apartments for sale in Bangalore
2BHK Flats for sale in Bangalore
3BHK Villas for sale in Bangalore
Purchase of apartments / Flat in bangalore
Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout

Anekal
Electronic City
Hosur Road
Indira Nagar
Koramangala
Sarjapur Road
Vijayanagar
Whitefield
Kanakapura Road
Devanahalli Road
Bannerghatta Road

Chartered Humming Bird Multistorey Apartments Located in Kanakapura Road,Bangalore offered with 2BHK and 3BHK Apartments.

Chartered Humming Bird Multistorey Apartments Area Range 98-1412 Sq.ft, Located in Kanakapura Road,Bangaloreoffered with 2BHK Apartments and 3BHK Apartments.



Overview

Chartered Humming Bird is one of the super luxury apartment developed by Chartered Housing. The apartment is located at the heart of the city Bangalore. The project offers well designed 2BHK and 3BHK apartments at very competitive and affordable prices. With over 25 landmark projects behind us, Chartered now embarks on another value for money project which caters to the mid-segment with 128 apartments that is a perfect...

Yes! Make it your address, you can’t ask for a better home to shelter your loved ones.


Amenities:

Children’s Play Area
Gym
Multi Purpose Hall
Indoor Games Room
Jacuzzi

DEFECT  IN PROPERTY  IS DIFFERENT  FROM DEFECT  IN  TITLE

In recent times, dealings in real estate in Bangalore have been at the peak. Predominant reason for this is the growth of IT sector and the eagerness of the people to invest their money in real estates in and around Bangalore. As the real estates require huge investments, the purchaser has to take necessary precautions before investing his money to save himself from future complications. If the property transferred suffers from any defect in the title of the vendor, the purchaser does not get good and marketable title. Therefore, the purchaser has to make doubly sure before finalizing the deal, that the vendor has got a valid and marketable title.

Marketable Title:

The term “Marketable title” means a title which is clear and free from reasonable doubts and is a title good against everybody. Thus, it is the title which establishes full ownership of the vendor to the property intended to be conveyed, without reasonable doubt. A buyer is not bound to complete the sale if there are defects in the title to the property which are material and latent. The defect to be material, it is to be of such a nature that if the purchaser were aware of it he would not have entered into the contract of sale at all.

Doubtful or defective title:

A title is said to be doubtful when the vendor does not have any conclusive evidence to prove the ownership. The defects in title are generally latent defects which can be found only on investigation of title by perusal of documents, by an eminent advocate, carrying out searches of Government Departments and Municipal records and by making reasonable enquiries. The vendor is bound to disclose such latent defects known to him.

A title becomes doubtful:

 Where the doubt arises by reason of some uncertainty in law itself;

 Where the doubt pertains to the application of some settled principle or rule of law.

 Where a matter of fact upon which a title depends is either not in its nature capable of satisfactory proof or is capable of such proof but yet not satisfactorily proved.

The ownership of the vendor to the property intended to be sold, must be the property traceable from the previous title deeds commencing from the Deed which can be considered as a good root of title and for this purpose at least 30 years previous title would need to be verified. The property should have already been properly transferred from all predecessors-in-title and no third person other than the Vendor should have any right or claim thereto.

Thus, for example, if ‘A’ has sold the property to B and if it is found that the property under sale belonged to a Hindu Joint Family property and ‘A’ has sold it neither for legal necessity nor after obtaining the consent from Co-Parceners, then the property sold to ‘B’ is said to be defective.

The following are a few instances where the title cannot be termed as defective:

 An omission to disclose a prior agreement for sale by the Vendor is not a defect in title.

 Title by adverse possession is marketable and not a defective title, if proper title by such possession can be successfully made out. A title may be good although there are no Deeds but there must have been such a long uninterrupted possession, enjoyment and dealing with the property as to form a reasonable presumption that the title is absolute .

Loss of title deed is not a defect, if the loss can be explained satisfactorily.

Defect in property:

Defect in property is different from the defect in title. A defect in the property only prejudices the purchaser in the physical enjoyment of the property but the defect in title exposes the purchaser to adverse claims. This difference has been enunciated in Section 55 (1) (a) of the Transfer of Property Act, which provides that the vendor is bound to disclose to the purchaser any material defect in the property or in the vendor’s title. The defects in property are generally patent defects which can be seen on an inspection of the property and the Vendor need not disclose the same so long as the same does not lead to defect in title.

Root of title:

In investigating title and in considering whether the title is marketable and free from reasonable doubts, it is necessary to find out the root of the title. Documents are considered as root of the title. A good root of title is a document purporting to deal with the entire property conveyed, which does not depend upon the validity of any previous instrument and without inviting any suspicion on the title of the Vendor. It may also be described as a document of transfer of property showing nothing to cast any doubt on the title. An instrument, the effect of which depends on some earlier document is considered as an instrument with insufficient root of title. In India, there is no law which stipulates statutory period for examination of root or commencement of title. However, it is advisable to investigate the title for a minimum period of 30 years unless the circumstances warrant production of documents beyond 30 years.

Though our law makes it obligatory on the part of the vendors to disclose the defects in title before the sale of a property, purchasers have also to exercise due diligence and investigate the title of the property before purchasing the same, to avoid future complications.

Bangalore properties like Apartments / Villas / Plots / Independent Houses ....

Real Estate Properties are available in Bangalore City.......


2BHK Apartments for sale in Bangalore
2BHK Flats for sale in Bangalore
3BHK Villas for sale in Bangalore
Purchase of apartments / Flat in bangalore
Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout

Anekal
Electronic City
Hosur Road
Indira Nagar
Koramangala
Sarjapur Road
Vijayanagar
Whitefield
Kanakapura Road
Devanahalli Road
Bannerghatta Road

Radiant Spencer Multistorey Apartments Located in Electronic City, Bangalore offered with 2BHK and 3BHK Apartments.

Radiant Spencer Multistorey Apartments Area Range 1110-1490 Sq.ft, Located in Electronic City, Bangalore offered with 2BHK Apartments and 3BHK Apartments.

Overview

Imagine for once, a home barricaded from stress; a home that pampers you with right number of amenities and the right kind of ambience; a home that’s close enough to reach your office and easily accessible from your kid’s school. Excited?

Now, imagine a home that’s in close proximity to important conveniences like supermarkets, IT parks and hospitals, among others. Well, when you settle at Radiant Spencer at Hebbagodi, near Electronic City, you’ll realize that all your dreams are realized.

Yes! Make it your address, you can’t ask for a better home to shelter your loved ones. 

Amenities:

 

Children’s Play Area
Gym
Multi Purpose Hall
Indoor Games Room
Jacuzzi

Facilities

Lifts – Johnson or equivalent
Generator Power back up for common areas and 3 Amps power supply for every individual apartment
Round the clock security
Intercom facility

 

 

Improve Your Home  Environment Through Fengshui

The art of science of Fengshui is increasingly gaining recognition among real estate professionals and even in town planning, and is closely related to the practice of Vaastu. It is basically a tool to harmonize and align the dwelling place and is concerned with the flow of 'Chi' the Chinese term for movement of energy, in order to release blocked energy which may have an effect in the corresponding areas of our lives. Nowadays, Fengshui is known to maintain the value of real estate holdings and even in countries like the USA and Canada, buyers often prefer a property that has been approved by a Fengshui expert.

Fengshui gives importance and relevance to the five elements of water, wood, fire, earth and metal. It focuses on aligning the general layout of the dwelling and creating a balance in order to enhance the flow of Chi. It seeks to do this through the strategic placing of doors, windows, furniture, cots and stove. In addition, factors such as ventilation, the source of water and levels of the land must be in the right order so that the right place, approach and tuning can be achieved.

Nowadays there are many self-styled experts on Vaasthu and Fengshui who have distorted their use through offers like 'single window' services, often lumping it together with gemology, astrology and numerology. It has become non-functional because of the wrong advice imparted by such folk to clients. One must also remember that there is no dwelling which can be described as being 100% Vaasthu or Fengshui perfect. It certainly does not offer a remedy for controlling the force of birth of death, but rather improves our capacity to think and function better.

In Singapore, the town has been planned in keeping with the Fengshui texts known as the 'secrets of the 5 dragons,' that involve mountains, water resources and the movement of traffic as mean of creating prosperity for the country. In Taiwan and Malaysia, services of Fengshui experts are often used to assess the value of the property and to increase its worth before offering it to prospective buyers. Fengshui services are included in the offer of a single window service by The Appraisal Institute of Canada. Some great international corporations such as the Chase Manhattan Bank, Citibank and Morgan Guaranty Trust in Hong Kong and Taiwan do not hesitate to employ experts in this art for the help.

From the perspective of Fengshui, a house is not just a physical structure but is an entity that can either nurture your life or undermine it. It believes that the flow of Chi is what really decides the value of your property. People are automatically attracted to a home that has an abundance of positively flowing chi. There is a distinct relationship between the value of a property and good Fengshui. Homes with good Chi often command high prices in any neighborhood. Those homes that sit on the market longest are the ones in which energy is blocked and stagnant.

Earlier it was considered ideal for a home to have the famous Chinese green dragon-white tiger design in it. This means that there should be certain levels in the house, e.g. the back should be higher than the front and the right side should be lower than the left. This was supposed to protect the centre of the house and was known as the armchair design. Since it is difficult to create such levels in modern day life and as we cannot control the shapes of neighbouring buildings, one could adapt the method by planting trees or using lights mounted on poles to create a higher back effect in a house.

Some guidelines are available to ensure that your house is in harmony with the principles of Fengshui. One could explore the area to see if the design is harmonious and has a sense of beauty. Environmental pollution, the condition of sewage drains and the presence of high tension wires etc., could be noted. The appearance of the front door of the house is important. A front door has the ability to either welcome you or drive you away. Opportunities are supposed to enter through it and it should convey a feeling of pride.

Another important thing to note is the feel and smell of the house. Is there a light and airy feeling or a dark and ominous effect? If it is situated on a blind alley, the flow of chi will be blocked and will have no outlet. You must also see whether the house is situated at a T-junction or a cross road. You should also walk around and examine the house foundation, as it will eventually decide your life experiences. It should be solid without any cracks. Symmetrical shapes are ideal and offsets and angles should be avoided as they indicate fragmentation.

A road is said to conduct CHI energy throughout the environment and traffic movements. It is not good to live near highways and busy roads.  Neither is it considered healthy to be situated at the end of a road or at a T junction. In this case, putting up a hedge of healthy green plants would act as a shield. On the other hand you could reposition the door or put up a porch. Another method is to use mirrors, but one has to be careful of danger to oncoming vehicles at night.

Buildings which are at an eye-level with or under a flyover are not good as the home is likely to feel drained of energy and oppressed. If the flyover appears to bend and cut through the building it is particularly harmful and one way to avoid this is to use dark glasses on the window panes. Another method to overcome the overpowering effect of the flyover is to put up the lights at the four corners of the house, focused towards the lower surface of the flyover.

A noteworthy feature is whether the garage is detached or not. A detached garage is best as it allows Chi to move around freely. You should also check the ceiling for watermarks and make sure that there are plenty of windows. It is considered inauspicious to have bathrooms and kitchens in the centre.

Even if your home is having some basic features which are out of harmony with the guidelines of Fengshui, it can be adapted though it may not be a perfect solution. Homes of this kind are known to exhibit a remarkable change after being corrected through the art of Fengshui.

Fengshui seeks to make your dwelling place supportive to its occupants and gives practical ways to adjust yourselves to the surroundings and the environment.

 

Bangalore properties like Apartments / Villas / Plots / Independent Houses ....


Real Estate Properties are available in Bangalore City.......


2BHK Apartments for sale in Bangalore
2BHK Flats for sale in Bangalore
3BHK Villas for sale in Bangalore
Purchase of apartments / Flat in bangalore
Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout

Anekal
Electronic City
Hosur Road
Indira Nagar
Koramangala
Sarjapur Road
Vijayanagar
Whitefield
Kanakapura Road
Devanahalli Road
Bannerghatta Road

2BHK & 3BHK Apartments for sale in Horamavu, Bangalore at Crossandra.

Crossandra Multistorey Apartments Area Range 1190-1620 Sq.ft Located in Horamavu,Bangalore offered with 2BHK Apartments and 3BHK Apartments.

Description:


Crossandra is a luxury homage to lakeside lifestyle that makes everyday living a breeze. Tucked between the scenic Horamavu Agara Lakeside and Horamavu Main Road to Kalkere, it is placed in one of Bengalurus most sought-after slices of real estate. The vibrant community, with first class living apartments, offers a first rate setting for you and your family. So come home to an exquisite and awe-inspiring gated community.

Amenities:

Swimming Pool
CCTV for Security
GYMNASIUM on the Ground floor
GENERATOR backup
INTERCOM facility
Dedicated CAR PARKING at extra cost
Children's Play Area
Massage & Steam Room
Indoor Sports arena
Open space with landscape



TDS on sale of Immovable property

TDS on transfer of immovable property has been inserted with effective from 01-June-2013 in Finance Act 2013 by inserting a new section called 194IA.

1. Applicable to all the transfers of the Immovable properties expect the transfer of Agricultural Land.

2. Applicable only in case the transferor is a resident.

3. If the Transferor is resident of India, provisions of section 194IA are applicable irrespective of the situation of the property, whether situated in India or outside. But this section as stated above is not applicable if the property in question is Rural Agriculture land as explained above.

4. It is not applicable incase the transfer is covered under the section 194LA (TDS on Payment of compensation on compulsory acquisition of certain immovable property). 

- At the time of credit of such amount to the account of the transfer or i.e. booking in the books; or

- At the time of credit of payment of such sum in cash or by issue of a cheque or draft or by any other mode.

whichever is earlier. 

There is no requirement of obtaining TAN no as per Sec 203A for person responsible for deducting tax under section 194IA.

What is Immovable Property, Agricultural Land? 

Immovable property means any land (other than agricultural land) or any building or part of a building.

Agricultural Land means any land situated in India but not including land situate

1. in any area which is comprised within the jurisdiction of a municipality or a cantonment board and which has a population not less than 10 thousand.

2. in any area within the distance, measured aerially,—

- not being more than two kilometres, from the local limits of any municipality or cantonment board and which has a population of more than ten thousand but not exceeding one lakh; or

- not being more than six kilometres, from the local limits of any municipality or cantonment board and which has a population of more than one lakh but not exceeding ten lakh; or

- not being more than eight kilometres, from the local limits of any municipality or cantonment board and which has a population of more than ten lakh.

- CBDT vide its notification no. 39/2013 dated 31st may 2013 has prescribed the rules regarding mode of deduction, deposit and issuance of TDS certificates in respect of deduction made 

Tax should be deducted at the rate of 1% by the purchaser of the property on the value of the consideration received on transfer of immovable property.

If the seller doesn’t have a PAN, then Tax needs to be deducted at the rate of 20% as per section 206AA instead of 1%. 

No TDS is required if the value of the consideration received doesn’t exceed Rs.50 lakhs. 

Time Limit for payment: 

Tax deducted as above needs to be deposited within 7 days of next month (In case of month of March due date is April 30). TDS should be deposited only through online payment. New challan cum statement form framed for payment i.e. 26QB. 

Tax so deducted should be remitted to the Government through any of the authorized bank using the e-Tax payment option available at NSDL. 

PAN of Seller as well as Purchaser should be mandatorily furnished in the online Form for furnishing information regarding the sale transaction. 

Do not commit any error in quoting the PAN or other details in the online Form as there is no online mechanism for rectification of errors. For the purpose of rectification you are required to contact Income Tax Department. 

The purchaser of property who has deducted TDS as per sec 194IA need to issue TDS certificate in Form 16B within 15 days from due date of deposit i.e. by 22nd of next month in which tax has been deducted. 

At present there is no mechanism in place of issue of system generated TDS certificate as we have in case of form 16A and form 16, so you need to issue TDS certificate manually. 

No TDS Return:

No need to file TDS return separately on quarterly basis as TDS challan cum statement i.e. Form 26QB shall need to use for remitting TDS amount to government which covers all the details as required to be furnished under TDS return. 

Interest for late deduction and late payment of Tax: 

Interest is payable at the rate of 1% for every month of late deduction of tax and at the rate of 1.5% for every month of late payment of tax deducted.

Bangalore properties like Apartments / Villas / Plots / Independent Houses ....



Real Estate Properties are available in Bangalore City.......



2BHK Apartments for sale in Bangalore
2BHK Flats for sale in Bangalore
3BHK Villas for sale in Bangalore
Purchase of apartments / Flat in bangalore
Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout


Anekal
Electronic City
Hosur Road
Indira Nagar
Koramangala
Sarjapur Road
Vijayanagar
Whitefield
Kanakapura Road
Devanahalli Road
Bannerghatta Road

Inland Edilon Multistorey Apartments Located in Yelahanka, Bangalore offered with 2BHK Apartments and 3BHK Apartments.

Inland Edilon Multistorey Apartments Area Range 950-2277 Sq.ft Located in Yelahanka, Bangalore offered with 2BHK Apartments and 3BHK Apartments.

Description:

At IN-LAND we believe that a home reflects your best attributes. And INLAND EDILON poses as the perfect reflection of your opulence and exclusivity. Perched on the branches of Yelahanka new town in Bangalore, it is an abode of sheer elegance.

EDILON as the name defines, is truly a structure of pure inspiration. An amalgam of pampering indulgences and contemporary architecture, INLAND EDILON is a haven where exclusive dreams descend. Expansive spaces, premium finishing and modern amenities, create a surreal masterpiece. Elevate your prestige with style and live a life of exclusivity.

Amenities:

Swimming Pool     

CCTV for Security
GYMNASIUM on the Ground floor     

GENERATOR backup with acoustic enclosure for common facility and apartment lighting
INTERCOM facility     

Dedicated CAR PARKING at extra cost
Children's Play Area     

Massage & Steam Room
Indoor Sports arena    

Open space with landscape

 

MANTRI LAUNCHES PRIMUS EDEN IN BANGALORE

Mantri Developers has introduced Primus Eden, which is a luxurious, ready to move in, residential community for senior citizens. The project, located at Kanakapura Road, in Bangalore, is spread over a 4.5 acres campus and has 75 fully furnished residential units which are designed for active citizens. The units are available only on a long term lease basis.

The project has been completed keeping in mind the comfort of senior people and so it also offers seamless support and services for the senior residents. Created in a resort style, the project captures 360-degree view of senior people’s needs and is aimed at development and nourishment of their mind, body and soul.

Commenting at the launch Adarsh Narahari, Managing Director of Mantri Primus Lifespaces said, “Senior Living is a well known concept in the West while in India, it’s still in its very nascent stages. After travelling the world to study senior communities, Primus Eden has made an effort and offer the best to the senior citizens in India. Primus Eden is first of its kind luxurious, fully furnished homes, on lease basis which provides convenience, comfort, safety, and an enriching lifestyle to its residents in a resort styled environment.”

Surrounded by trees, landscaped garden and water bodies, it also features a temple complex and a pyramid-shaped meditation hall. The quintessence of the project is to offer a healthy, active and enjoyable life with contemporary facilities by providing comprehensive and user-friendly homes for seniors. The residential units in Primus Eden are fully furnished homes with intelligent designs, built on the Push Button living concept.

 

REAL ESTATE PLAYERS REACT POSITIVELY TO THE DECISION

The Ministry of Urban Development on Wednesday hiked floor area ratio (FAR) norms for residential plots in the Capital. FAR is the ratio of a building’s total floor area to the size of the piece of land upon which it is built.

With Assembly elections expected in the next few months, this move of the Government has not surprised many, as colonies have been regularised in the past to attract voters. The latest move is expected to help builders, especially those who re-develop old plots, said a real estate player. After the announcement, stocks of real estate firms rose on the BSE. DLF’s shares ended 7.20 per cent higher at Rs.151.95, while Unitech’s went up 4.41 per cent to Rs.18.95. According to a statement from the Ministry, FAR in respect of plots of 750-1,000 sq.m. has been enhanced from the present 150 per cent to 200 per cent, while the same has been increased from 120 per cent to 200 per cent for plots of 1,000 sq.m. and above.

While the ground coverage for plots of 750-1,000 sq.m. will remain at 50 per cent, it has been increased from 40 per cent to 50 per cent for plots of 1,000 sq.m. and above.

Urban Development Minister M. Venkaiah Naidu had approved the proposal of the Delhi Development Authority (DDA) on November 24th. The DDA has proposed an amendment to this effect to Master Plan Delhi–2021 and firmed up the same after inviting feedback from the public, the statement added.

Realty sector reaction
Rohit Raj Modi, President, CREDAI-NCR, and Director Ashiana Group, said: “This extra FAR will definitely help developers with additional space and thus help in matching the demand and supply gap in Delhi. We are, however, waiting for clarification on the issue of change in density, number of dwelling units and height. We think that increase in FAR shall be effective if accompanied by an increase in dwelling units, density and height.”

Anuj Puri, Chairman and Country Head, JLL India, said: “Providing the higher FAR will make the apartments bigger, and with no change in density norms, ticket-sizes may rise as well.”

Political angle
But the decision has political ramifications. Last June, Sheila Dikshit, then Chief Minister of Delhi, had said that while Delhi would need high-rises, she personally was not in favour of it.

She had said that she won’t allow construction of high-rise buildings as long as she was alive as this would put additional stress on existing resources and infrastructure in the city besides severely impacting the natural beauty of Delhi.

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DNR Atmosphere Multistorey Apartments Located in Whitefield, Bangalore offered with 3BHK Apartments and 4BHK Apartments.

DNR Atmosphere Multistorey Apartments Area Range 1610 - 2787 Sq.ft, Located in Whitefield, Bangalore offered with 3BHK Apartments and 4BHK Apartments.

Description:

Atmosphere. A life giving sphere, invisible yet vital. A habitat that fuels thrive of life.

Even the simplest of life requires the best of the atmosphere to truly achieve its worth. DNR Atmosphere follows the eternal maxim of creating the perfect haven, the perfect Atmosphere; for all that you strive and thrive for. 

Atmosphere. Come, let it nurture your eternal being. And let DNR provide the haven amidst the riches of both the riches of urbanity and nature. 

PROJECT HIGHLIGHTS

⋅ Located adjacent to Adarsh palm meadows, 

Varthur Main Road, Whitefield

⋅ 276 units in a sprawling site area of 4 acres

⋅ 3 & 4 BHK Condominiums with 270⋅ Views

⋅ 2 basement floors for parking, Ground Floor + 15 Floors

⋅ 30 % ground coverage and extensive 70% lush green landscaped area

⋅ Designed as per international standards by Space Matrix, Singapore

⋅ Landscape designed by La Conception, Singapore

⋅ A 20,000 sq. ft state of the art Club House

⋅ Spaciously Designed Condominiums with best in Class fittings and fixtures

⋅ Unique orientation of building for unobstructed grand views

⋅ Security Cabinets at all Entrances and Exits, with CCTV coverage 

REAL ESTATE PLAYERS REACT POSITIVELY TO THE DECISION

The Ministry of Urban Development on Wednesday hiked floor area ratio (FAR) norms for residential plots in the Capital. FAR is the ratio of a building’s total floor area to the size of the piece of land upon which it is built.

With Assembly elections expected in the next few months, this move of the Government has not surprised many, as colonies have been regularised in the past to attract voters. The latest move is expected to help builders, especially those who re-develop old plots, said a real estate player. After the announcement, stocks of real estate firms rose on the BSE. DLF’s shares ended 7.20 per cent higher at Rs.151.95, while Unitech’s went up 4.41 per cent to Rs.18.95. According to a statement from the Ministry, FAR in respect of plots of 750-1,000 sq.m. has been enhanced from the present 150 per cent to 200 per cent, while the same has been increased from 120 per cent to 200 per cent for plots of 1,000 sq.m. and above. 

While the ground coverage for plots of 750-1,000 sq.m. will remain at 50 per cent, it has been increased from 40 per cent to 50 per cent for plots of 1,000 sq.m. and above.

Urban Development Minister M. Venkaiah Naidu had approved the proposal of the Delhi Development Authority (DDA) on November 24th. The DDA has proposed an amendment to this effect to Master Plan Delhi–2021 and firmed up the same after inviting feedback from the public, the statement added.

Realty sector reaction

Rohit Raj Modi, President, CREDAI-NCR, and Director Ashiana Group, said: “This extra FAR will definitely help developers with additional space and thus help in matching the demand and supply gap in Delhi. We are, however, waiting for clarification on the issue of change in density, number of dwelling units and height. We think that increase in FAR shall be effective if accompanied by an increase in dwelling units, density and height.”

Anuj Puri, Chairman and Country Head, JLL India, said: “Providing the higher FAR will make the apartments bigger, and with no change in density norms, ticket-sizes may rise as well.”

Political angle

But the decision has political ramifications. Last June, Sheila Dikshit, then Chief Minister of Delhi, had said that while Delhi would need high-rises, she personally was not in favour of it.  

She had said that she won’t allow construction of high-rise buildings as long as she was alive as this would put additional stress on existing resources and infrastructure in the city besides severely impacting the natural beauty of Delhi.                           

GOVERNMENT TO PROTECT HOME BUYERS AGAINST UNFAIR CONTRACTS

In a move to safeguard the interest of home buyers and other consumers, who are often taken for a ride by private players citing certain conditions in the agreements, the consumer affairs department has proposed to bring them under the ambit of "unfair contracts". This provision in the Consumer Protection law will enable consumers to file complaints against such players with local forums for their redressal. 

According to the Cabinet proposal circulated to amend the Consumer Protection Act, all such agreements between consumers and private players will be treated "unfair" if these include one or more out of the five identified clauses. 

Sources said any provision in the contract that allows disproportionate penalty on either party against the actual loss caused due to failure of the agreement will be enough to bring it under "unfair" category. "For example, if a real estate player fails to deliver a house in time, it pays little penalty as compensation to buyers. But, if a buyer fails to make the payment in time, he is made to pay huge fine. This is an unfair provision and needs to be eliminated from contract conditions," a government official said. 

In recent years, several such cases have landed in consumer forums and developers have been asked to pay higher penalty for failure on their part. 

The Cabinet proposal also mentions that if the contract has the provision that allows either of the parties to replace it with a new player without consent of the other party, that provision also be termed as unfair. There have been several cases where developers have sold their projects to others without consulting consumers. In such cases the end users face the worst. The other conditions that have been identified to make a contract unfair are demand to make excessive "security deposit" and refusal to foreclose the loan even when the consumer is ready to pay the applicable penalty. "Even if a contract has a provision that entitles a party to terminate the agreement unilaterally without reasonable cause, it will be an unfair one," an official said. 

Sources said this provision is for protecting the consumers, who are placed in an "unequal" bargaining capacity.                 

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Chitrakut Amber Multistorey Apartments Located in Horamavu, Bangalore offered with 2BHK Apartments and 3BHK Apartments.

Chitrakut Amber Multistorey Apartments Area Range 1470 - 1900 Sq.ft, Located in Horamavu, Bangalore offered with 2BHK Apartments and 3BHK Apartments.

Description:

Chitrakut Amber boasts a brilliant neo-classical elevation. The structural design is principally derived from the classical architectural style of Europe. It highlights simplicity of geometric forms and detailing with the dramatic use of columns, and a preference for blank walls which, translates into a space that is aesthetically beautiful while expressing a quiet, serene grandeur.

Proximity

Located at Hormavu,ChitrakutAmber lies withineasy access to all of life's necessities; be it the IT hubs at Whitefield, Marathalli, andSarjapur, or major schools like Ebenezer International School, Deva Matha Central School andMaruthiVidyalaya, or even the leisure hotspots at MG Road.At Chitrakut Amber you will always be a step closer to your destination.

Space

With 96, 2 & 3BHK apartments measuring about 1, 860 – 1,900 sq.ft each, Chitrakut Amber stands tall with its G+11 floors towers in this fast developing region of Bangalore. Each home at Chitrakut Amber is spacious and has maximum ventilation and ample natural lighting. It also has almost 80% of its land area dedicated to lung space for a healthy living.

Vaastu

Chitrakut Amber has been designed in accordance with the longstanding principles of Vaastu Shastra, to ensure that the living environment is in harmony with physical and metaphysical forces, and energy flows optimally through the spaces.

Security

State-of-the-art security features, include video door phones, 24-hour CCTV surveillance and security guard, electric perimeter fencing, and intelligent door locking systems.

REAL ESTATE +E-COMMERCE = WINNING FORMULA

When Japan’s richest man and Chairman of Soft Bank, Masayoshi Son, invested $100 million in a two-year-old property portal Housing.com, he had flagged the growing interest among investors in online real estate firms. Rupert Murdoch’s News Corp, picking up a 25 per cent stake in another portal PropTiger.com, also underscored the appeal.

Consumer behaviour

Advisory firms maintain that the online real estate segment has witnessed a two-fold increase in the number of deals in 2014, as compared to 2013. The value of the deals has also increased from $19 million in 2013 to $232 million in 2014.

It’s changing consumer behaviour has brought about the sudden increase in investor sentiment, and not any spurt in demand for housing and commercial properties. Users are no longer merely interested in searching for houses online, they are also buying houses.

Better revenues

Earlier, sites such as 99acres.com and magicbricks.com only provided an online platform for brokers to list their properties, but did not allow consumers to complete a transaction. New entrants such as Grabhouse.com, commonfloor.com and housing.com among others, are offering more than that. The second model has ensured better revenues.

Sumit Jain, founder of Commonfloor.com said, “The growth in the internet base and positive economic sentiment in the country, as well as the bullish sentiment of investors across the globe has helped us. Since it is technology that finds the right property, the traction in this segment is high.” 

The Bangalore-based start-up, which got over $30 million this year, said it is not focusing on profits at the moment, but is generating healthy revenues. “The target is to grow the market and be profitable in the next two years,” Jain added.

Along with the organised sector, even small builders have become active online. Experts maintain that portals tend to give smaller builders unmatched visibility and reach in the most cost effective manner, which no other media can provide.

“The online property portal segment is bound to grow very well in the days to come with growing internet penetration in the country. For sellers, the portals are creating unmatched visibility, while for buyers it is ease of use,” said Rahul Jalan, Director Indiaonline.in, an online information system.

Online property portals also tend to have an edge over offline realty brokers, since they can leverage technology to sell properties to a larger audience and ensure faster conversions. For dealers and agents, it is a more locality-driven business. 

Moreover, the huge brokerage fees or commissions, which are a prerequisite for offline players, do not come into play in online deals. Brokers normally tend to charge commissions ranging from 1-2 percent, both from the seller and the buyer.

Portals also have the added advantage of catering to just one segment of the real estate market, making their offerings more specialised like Grabhouse.com, a one-year-old start-up. Working on a recommendation basis, a consumer can find a house on an urgent basis by paying a fixed nominal fee of Rs.999/-, which also includes the rental agreement fee. 

Charged from both owners and seekers, the conversion rate is high, since consumers tend to opt for this model and not go to a broker, who normally would charge one month of the rental amount from both parties.

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Real Estate Properties are available in Bangalore City.......

2BHK Apartments for sale in Bangalore

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Purchase of apartments / Flat in bangalore

Flat purchase in bangalore

purchase of plot at electronic city

purchase of villas at sarjapur road

3bhk Villas for sale in bangalore

site available at Anekal road

purchase of site at aproved layout

Anekal

Electronic City

Hosur Road

Indira Nagar

Koramangala

Sarjapur Road

Vijayanagar

Whitefield

Kanakapura Road

Devanahalli Road

Bannerghatta Road