Showing posts with label loan against property. Show all posts
Showing posts with label loan against property. Show all posts

Monday, September 21, 2015

Kumbh in Nashik is all styled up this time!

Nashik, the city that is hosting the Kumbh Mela 2015, is all geared up with the best of technology to make this grand gathering a unique one with a lot more to offer the pilgrims and the devotees that they can look forward to.

You speak of innovation and unique aspects of this Kumbh and attires turn out to be the attraction for many! While Kumbh Mela is more popularly known for the gathering of millions of devotees and sadhus who come to the holy city for the shahi snan, this Kumbh Mela saw a whole new era of nomenclature of the sadhus and their unconventional attire that added a lot more to the interesting facts associated with the Kumbh all this while.
Yes! You heard it right.

This year’s Kumbh Mela has witnessed the sadhus styled in attires that make them stand out of the crowd. Be it the technology or the weather, there would be hardly anything that has not inspired these sadhus in order to get noticed.

From being draped in a gunny bag to an attire loaded with ornaments made out of gold with abstract designs, the gathering saw it all. Looks like even sadhus are more into dressing up the unique way to make a mark at the gathering when hundreds and thousands of eyeballs glued to them.
Keeping aside, this side of the congregation, there is another side to it as well that has emerged as an opportunity for the builders and developers to market their projects to a mass audience. The builders are putting up the hoardings and huge posters of their projects on display to attract more potential buyers to their newly launched projects. However, it does seem like an interesting and a smart way of utilizing the design and advertising strategy to market their projects to the mass audience.


Looks like this Kumbh, in short, has been more appealing in terms of design, appearance and unique nomenclature.

Tuesday, June 23, 2015

Kumbh Mela 2015 to change Nashik’s Appeal

Have you been to Nashik? What is the best aspect of Nashik that wooed you during your first visit?

Well! It can either be the beautiful landscapes or the sacred places of the city!
Not bragging about the city, when asked one of the tourist groups in Nashik regarding the places they visited in the city and the best part of the entire tour, “Nashik’s best quality is the heavenly, quiet and peaceful locations with so many temples to visit and enjoy nature to the fullest” said Jane, a member of the group.

Popular for its numerous sacred places and over 2000 temples in the city, Nashik is hosting one of the hallowed festivals of India, the Kumbh Mela. The mega event is believed to be celebrated depending on the position According to the scholars, of Jupiter (Brhaspati) and the sun.  According to the scholars, it is believed that when there was a fight between the Gods and the demons over the nectar, Lord Vishnu took away the pot of nectar spilling drops of nectar at four different places where the Kumbh Mela is celebrated even today. The places being Hardwar, Nashik, Ujjain and Prayag!

Celebrated once in every 12 years, the Kumbh Mela in Nashik attracts millions of people across the globe! Previously celebrated in the year 2013 in Allahabad, Kumbh Mela was expected to be attended by over a 100 million pilgrims and tourists.

What the city looks like today varies to a great extent if you compare the scenario of the city just a few years back! With the advent of the preparations for the huge event, the city is witnessing developments in the infrastructure of the city. The growth in the real estate sector has enabled the Indian government to make accommodation arrangements for the tourists and also, provide better living spaces to the locals with a raised standard of living. If you plan to be a part of the mega event in 2015 at Nashik, you can start your preparations today! 

Tuesday, June 16, 2015

Reduced Stamp Duty for Home buyers in Maharashtra

The Maharashtra state government is planning to reduce stamp duty on smaller houses in Mumbai and other parts of Maharashtra. This is a relief for people who own residential properties that are less than the area of 750 sq. ft and the potential home buyers who are planning to buy properties in Maharashtra as the state government plans to help economically weaker, lower income and middle income groups.

The stamp duty rates will be justified with 1% tax for residential properties for the economically weaker sections, 2% for the lower income group houses and 3% of the agreement value for the middle income group houses. However, the people belonging to the higher income groups and the home buyers in search of better properties will continue to pay the standard stamp duty as applicable at present.

Currently, the stamp duty applied on ready reckoner property rates is found to be 5% as specified by the government or the existing market rate, whichever is higher. The state government’s draft housing policy, which has proposed these amendments, has defined 

  • The EWS (economically weaker section) houses as residential properties spread over an area of 269 sq. ft.
  • LIG (Lower income groups) Houses spread over 270-538 sq. ft
  • MIG (middle income groups) houses as 539-753 sq. ft.
  • However, any property area measuring beyond these mentioned figures will be defined as the HIG ( high income group).
The registration charges will also be reduced to the standard Rs. 1000 per transaction against the current applied tax of Rs. 25,000. For the HIG houses, the ready reckoner rates are revised every year, depending upon the weighted average of the transactions observed in the previous financial year. Hence, for people who are looking forward to invest in residential properties in Maharashtra should be aware of the existing stamp duty rates before they finalize any property for the end use. 

Tuesday, April 14, 2015

Why online loan against property (LAP)?

The Jaikumar Group has come up with some of the new concepts for homes in Nashik. The projects provide you a perfect blend of luxury and affordable living options for the potential buyers who have been thinking of relocating in the Wine Capital of India or even invest i properties as a second home option. The project is indeed surrounded by greenery all around. The project by the group allows interested customers to avail financial loans from multiple banks with ease.

The Parksyde projects give you a variety of options in terms of stylish 2 BHK and 3 BHK housing options. With acres of lush green surroundings with trees all around and flowers & shrubs, you may indeed wake up feeling closer to nature every day. With the internet being a part and parcel of our life, it is indeed a good medium to conduct a research of our own while seated in the comfort of our homes. Loan against property (LAP) is indeed one of the most common funding facilities chosen by most of us.

Loan Against Property
Some of the benefits of online buying of LAP plans are:

Saves a lot of time and is hassle free – The benefit of simple usage and quick completion of the process has been the biggest benefit of applying for LAP online. A visit to various finance companies personally is also a thing of the past; from here, you can browse through the loan schemes offered by different lending institutions from the comfort of your home.

Flexibility option: You need not visit the office of financial institutions at specific working hours, when you are applying for a loan against property online, you can get the required information any time you want. If you find it difficult to visit the lender’s office due to hectic schedule, you can do your research about loan and apply for the same online even when the office is closed.

Multiple options: The market is flooded with financial institutions who are more than willing to offer loan against property. By applying online you can browse through the various schemes, compare the interest rates, check the repayment terms and get the best deal to suit your needs.

Lower Fees: This factor is also another significant benefit of applying for a loan against property online. While applying for a loan online, the commonly charged lender fee is comparatively lesser as compared to the fee that is applicable while applying offline.

Quick approval and smart decision: With a majority of the people applying for a loan against property online because they get quicker feedback from the lender. More often the financial institutions approve the online application faster.

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