Real estate in India has a huge market potential. India is one of the largest economies in the world and has the third largest GDP in the entire continent of Asia. The expected size of organized Indian real estate sector by 2010 is USD 45-50 billion with a potential to touch USD 90 billion in 10 years. Pioneer Urban Land and Infrastructure Ltd. has been growing with the industry for the last two decades having carved a niche for itself through the path breaking projects in the country. So, here’s why you should invest and prosper with us :
Centrum | Emerald Heights | Grand | Gulshan Vivante | Gulshan Ikebana
Shoppick | Grand street | Vivante street | Ikebana street
State – of – the art club, gym, kids lounge, jogging track, green surroundings and much more.
ICICI, HDFC, IDBI, SBI, Axis Bank, LIC Housing finance and many more leading banks.
Carpet Area : This is the area of the apartment/building that does not include the area of the walls. Built-Up Area : This is the area of the apartment/building including the area of the walls. Super Built-Up Area : This includes the Built-Up Area along with the area under common spaces such as the lobby, lifts, stairs etc. This term is therefore only applicable for multi-dwelling units.
A Khata is an account of assessment of a property, recording details about the property such as size, location, built up area and so on for the purpose of payment of property tax. It is also a kind of identification of the person who is primarily liable for payment of property tax. It is one of the required documents in case you require a building licence, trade licence or loan from banks or any other financial institutions.
A khata is an account of assessment of a property for the payment of tax. The khata does not confer ownership. However, the title deed is the document through which a person derives a title or ownership of the said property.
Usually, a down payment of 10% of basic cost is required for booking a house.
HFCs sanction loan amounts is based on eligibility depending upon your repayment capacity (which takes into account your age, qualifications, assets, liabilities, stability of occupation, savings history) and according to your income. The maximum loan that can be sanctioned varies with housing finance companies and the generally, the maximum loan amount is 80% of the cost of your home.
Payment schedule is normally connected to the construction schedule. However, for ready-to- move- in flats, company requires the remaining 90% of down payment (10% is the booking amount) within the 30 days of booking.