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Made in Madurai                

Monday, November 29, 2010

Real Estate in Madurai - Lands, New Houses, New Apartments in Madurai - Madurai Infrastructuve improvement and growth

"The spotlight on Madurai in the economic landscape of TN has definitely increased since MK Alagiri became a Cabinet minister," avers JLLM MD Ramesh Nair. Apart from inherent advantages such as HR availability, HR costs and government support, air connectivity and physical infrastructure have improved over the last couple of years, he said. "However, real estate availability, both commercial and residential, and social infrastructure need to improve to attract more companies to Madurai," he added.

Managing director of Rs 30 crore Vishal Promoters, R Ilankovan, said: "The market is neither good nor bad. The end-users’ market continues to be a little dull." Vishal has commissioned 5 lakh sq ft plus space, which includes two satellite townships and four apartment projects. It is building hi-end "farm resorts" on a 200-acre campus, where prices begin from Rs 30 lakh, he said. Engineering Estates honcho Balasubramanian, who is launching his first project Pearl on a five-acre area in this town, said: "There has been a big change in this region with mid-sized malls and residential structures coming up thick and fast in several areas."

Vishal is also promoting a high-end shopping mall on 2 lakh sq ft. The cash-rich district, thriving on tourism and granite-quarrying, has been making rapid strides in development. There are separate streets that are earmarked for retail activity.

Similarly, shopping is evolving with brands like Mega Mart and Cafe Coffee Day trying to leverage the most. Following the boom in retail, the traditional formats have changed to accommodate established chains such as Pothys, Kirtilal, Joyalukkas, Bhimas and Vohra.

City of four junctions (Koodal Maanagar), cultural capital of TN (Kalaachaara thalainagar), city of Jasmine (Malligai Maanagar), sleepless city (Thoonga Nagaram) and Athens of the East are some of the sobriquets that the city has earned. These not only capture Madurai’s heritage, but also underscore the growing importance of the economic activity in this region. Besides Chennai, it is the only TN location to have two IT SEZs.

The local player-dominated market (Max Properties, Vishal Promoters, Vishwas Builders, Raj Paris) is now attracting those operating out of other metros. For instance, Bangalore-based developer Sathya Sree is coming up with a unique fully air-conditioned 92-apartment project, 12 km from the city centre at Nattham, offering dwelling units between Rs 50 lakh and Rs 1 crore.

Engineering Estates promoter, who is an active player in the Chennai realty scene, has chosen his home-town to launch his Rs 40 crore, 120-villa project.

Key realty players like ETA, Heritage, Akshaya Homes and India Bulls too have evinced interest to tap the potential of Madurai, considered to be south’s gateway.

Land availability is an issue in prime locations such as the Race Course, K K Nagar, Anna Nagar and Nattham Road. Prices hover around Rs 3,000 per sq ft for apartments and in some areas range between Rs 5,000-7,000 per sq ft. Land prices are ruling at Rs 4,000 per sq ft.

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Madurai Rain Disaster Recovery Phone numbers

Here are the Rain Disaster Recovery Phone numbers in Madurai for any help because of Rain...

Based on the regions, phone numbers are available -

Madurai South - 94450 00335
Madurai North - 94450 0049
Melur - 94870 51363
Vadipatti - 94439 20230

Usilampatti - 94450 00450
Peraiyur - 94441 14777
Thirumangalam - 94425 22324
Madurai Corporation - 94437 39500

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Wednesday, November 24, 2010

OruAcre.com Offices and Enquiry contact details

Office Locations

Madurai, Dindigul, Tirumangalam, Kodaikanal and all of Central Tamil Nadu:

Head Office
1, Fund Office Colony,
Alagappan Nagar,
Madurai - 625003.

Phone numbers: 9629557866, 9994262942, 9659727165

Trichy and all of East Tamil Nadu:

13-F/6, St. Anne's Complex,
Melaputhur, Trichy 620001.

Phone Numbers: 766 760 1947, 9789255558, 9750511114, 9095820000 and 9629557866

Coimbatore, Erode, Salem, Ooty and all of West Tamil Nadu:

Phone Numbers: 72 99 54 70 94

Tirunelveli, Nagercoil, Tiruchendur, Tuticorin, Kanyakumari and all of South Tamil Nadu:

Phone Numbers: 72 99 89 3682

Chennai and all of North Tamil Nadu:

Anna Nagar, Chennai - 600 106.
One of our representative will be available to discuss upon request or on phone.

Phone Numbers: 96 29 55 78 66

Anywhere Direct Help Number - 9629557866

USA Calling number: 1-925-218-2287 (Only during business hours of 9 AM IST to 5 PM IST)

For Big Budget and Big Projects:
Please contact 9629557866

For Agricultural Lands and Properties:
Please contact 7299893682

More locations to come...

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Why Marketing is very important for your Real Estate properties in Tamil Nadu - Madurai Coimbatore Trichy Tirunelveli Salem Erode Chennai

Why Marketing is very important for real estate properties in Tamil Nadu?

If you want to sell your property, you need to market.

There is a proverb in Tamil - Azhugura pillaikku thaan paal kidaikkum.
Like that - Marketing panra Properties thaan Vikkum. Only the properties which are being marketed will be sold!

Got it?

If you got it, please contact 999 42 62 942. Thank you

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Land Investment Help in Coimbatore - Coimbatore Real Estate Agent Helper

We are OruAcre.com - Real Estate Helper in Tamil Nadu.

If you need any help in buying or selling your real estate property in and around Coimbatore, Erode, Salem, Pollachi etc., we can certainly help as a Coimbatore real estate agent!!

Call us and we are waiting to help you sell or buy your property in Coimbatore...

Land or Houses or Apartments or Commercial Properties in Coimbatore please contact us.

Please contact 72 99 54 70 94 or send an email to OruAcre@gmail.com.

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Land Investment Help in Tirunelveli - Tirunelveli Real Estate Agent Helper

We are OruAcre.com - Real Estate Helper in Tamil Nadu.

If you need any help in buying or selling your real estate property in and around Tirunelveli Nellai Palayamkottai Tuticorin Tiruchendur Nagercoil Kanyakumari etc.,, we can certainly help as a Tirunelveli real estate agent!!

Call any of the following numbers and we are waiting to help you sell or buy your property in Tirunelveli...

Land or Houses or Apartments or Commercial Properties in Tirunelveli please contact us.

Please contact 72 99 89 3682 or send an email to OruAcre@gmail.com.

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Tuesday, November 23, 2010

Procedure to buy/sell land/house/properties in Tamil Nadu India

Owning a house is an important thing in ones life. However, one needs to be careful while buying land/house to avoid falling into legal hassles. A lot of care is needed from the beginning- right from site seeing till the registration of the land. The legal status of the land is one of the first issues that you should address before confirming a property. Don't give any advance before getting confirmation about the legal status of the property.

Before buying a land, a number of checks needs to be done to confirm that the land has a clear and marketable title. The first thing is to find out the tenure, legal right of the holder of the land in government records. The tenure or possession right could be freehold, leasehold or may be held under a government grant or 'sanad'. Freehold land is always most preferable. The seller should provide all the necessary documents to the buyer.

Title deeds

The first step is to see the title deed of the land which you are going to buy. Confirm whether the land is in the name of the seller and that the full right to sell the land lies with only him and no other person. Don't be satisfied with the Xerox copy of the title deed. Insist on seeing the Original Deed. Sometimes the seller may have taken a loan by pledging the original deed. It also needs checking whether the seller has permitted any entry/access to others through this land and whether any other fact has been suppressed/left undisclosed by the owner of the land. It is better to get the original deed examined by a lawyer. Along with the title deed, the buyer can also demand to see the previous deeds of the land available with the seller.

Tax receipt and bills

Property Taxes which are due to the government or municipality are a first charge on the property and, therefore, enquiries must next be made in government and municipal offices to ascertain whether all taxes have been paid up to date. The owner should also possess the latest tax paid receipts, which you may inspect. Enquiries should also be made in various departments of the municipality to ascertain whether any notices or requisitions relating to the property have been issued and are outstanding and not yet complied with.

While inspecting the property tax receipt, it can be noted that there are two columns in the tax receipt. Make sure that the name entered in the owner's column is correct. The second column will be for the name of the one who paid the tax. Sometime the owner may not have the tax receipt with him, in such cases, contact the village office with the survey no. of the land and confirm the original owner of the land. If you are buying a house along with the property, then the house tax receipt should also be checked. Also ensure that the electricity and water bills are up-to-date and if there any is balance payment to be made, ensure that it is made by the seller.

Encumbrance Certificate

Before buying any land or house, it is important to confirm that the land does not have any legal dues. It is available as a certificate called encumbrance from the sub registrar office where the deed has been registered, stating that the said land does not have any legal dues and complaints. The encumbrance certificate for the past thirteen years should be taken or for more clarification, you could demand 30 years encumbrance certificate to be checked. If you still have anymore doubts, you can take a Possession Certificate of the ownership of the particular land, which is available from the village office.

Pledged land

Some people may have taken loan from the bank by pledging their land. Ensure that the seller has paid back all the amounts due. Don't get satisfied with the receipt of the payment made. A release certificate from the bank is necessary to release all the debts over the land legally. You could buy a land without the release certificate. But if you want to take a loan in future, the release certificate is a must.

Owning a house is an important thing in ones life. However, one needs to be careful while buying land/house to avoid falling into legal hassles. A lot of care is needed from the beginning- right from site seeing till the registration of the land. The legal status of the land is one of the first issues that you should address before confirming a property. Don't give any advance before getting confirmation about the legal status of the property.

Before buying a land, a number of checks needs to be done to confirm that the land has a clear and marketable title. The first thing is to find out the tenure, legal right of the holder of the land in government records. The tenure or possession right could be freehold, leasehold or may be held under a government grant or 'sanad'. Freehold land is always most preferable. The seller should provide all the necessary documents to the buyer.

Title deeds

The first step is to see the title deed of the land which you are going to buy. Confirm whether the land is in the name of the seller and that the full right to sell the land lies with only him and no other person. Don't be satisfied with the Xerox copy of the title deed. Insist on seeing the Original Deed. Sometimes the seller may have taken a loan by pledging the original deed. It also needs checking whether the seller has permitted any entry/access to others through this land and whether any other fact has been suppressed/left undisclosed by the owner of the land. It is better to get the original deed examined by a lawyer. Along with the title deed, the buyer can also demand to see the previous deeds of the land available with the seller.

Tax receipt and bills

Property Taxes which are due to the government or municipality are a first charge on the property and, therefore, enquiries must next be made in government and municipal offices to ascertain whether all taxes have been paid up to date. The owner should also possess the latest tax paid receipts, which you may inspect. Enquiries should also be made in various departments of the municipality to ascertain whether any notices or requisitions relating to the property have been issued and are outstanding and not yet complied with.

While inspecting the property tax receipt, it can be noted that there are two columns in the tax receipt. Make sure that the name entered in the owner's column is correct. The second column will be for the name of the one who paid the tax. Sometime the owner may not have the tax receipt with him, in such cases, contact the village office with the survey no. of the land and confirm the original owner of the land. If you are buying a house along with the property, then the house tax receipt should also be checked. Also ensure that the electricity and water bills are up-to-date and if there any is balance payment to be made, ensure that it is made by the seller.

Encumbrance Certificate

Before buying any land or house, it is important to confirm that the land does not have any legal dues. It is available as a certificate called encumbrance from the sub registrar office where the deed has been registered, stating that the said land does not have any legal dues and complaints. The encumbrance certificate for the past thirteen years should be taken or for more clarification, you could demand 30 years encumbrance certificate to be checked. If you still have anymore doubts, you can take a Possession Certificate of the ownership of the particular land, which is available from the village office.

Pledged land

Some people may have taken loan from the bank by pledging their land. Ensure that the seller has paid back all the amounts due. Don't get satisfied with the receipt of the payment made. A release certificate from the bank is necessary to release all the debts over the land legally. You could buy a land without the release certificate. But if you want to take a loan in future, the release certificate is a must.

Measuring the land

It is advisable to measure the land before registering the land in your name. Ensure that the measurements of the plot and its borders are accurate. You can do this with the help of a recognized surveyor. This will avoid a lots of problems in the future. You could also take the Survey Sketch of the land from the Survey Department and compare for accuracy.

More than one owner

In some cases, the land will be owned by more than one people. So before registering, check if there is more than one owner, and if there is, get release certificate from the other people involved.

Buying land from NRI land owners

A person staying abroad can also sell his land in India by giving a Power of Attorney to a third person authorising him the right to sell the land on his behalf. But in such cases, the power of attorney should be witnessed and duly signed by an officer in the Indian embassy in his province. There is no legal support for Power of attorney signed by a notary public.

Agreement

Once all the matters, financial/otherwise are settled between the parties, it is better to give an advance and write an agreement. This ensures that the owner does not change his word regarding the cost as well as make a sale to someone else who offers more money. The agreement should be written in 50 Rs stamp paper. The agreement should state the actual cost, the advance amount, the time span within which the actual sale should take place and how to proceed in case of any default from either parties, to cover the loss. The agreement can be prepared by a lawyer and should be signed by both the parties and two witnesses. After signing the agreement if one of the parties make a default, the other party can take legal action against him.

Registration

The land can be registered in a sub registrar office, after preparing the title deed including all the relevant information. You could get the title deed written by a government licensed Document writer. Even lawyers can prepare the deed, but the document can only be computer printed or typed, not handwritten. Handwritten documents can be prepared by only those who hold the scribe license.

A draft should be prepared before actually writing the document in stamp paper. Make sure all the details mentioned are accurate. If there is incorrectness in the document after registering, a secondary document with the correct details has to be registered and depending on the incorrectness, the registration expenses will be repeated.

Make sure that the deed is registered within the time limit mentioned in the agreement. Original title deed, Previous deeds, Property/House Tax receipts, Torence Plan (optional) etc plus two witnesses are needed for registering the property. Torence plan is a detailed plan of the property prepared by a licensed Surveyor which will have accurate details of the measurements including width, length, borders etc. This plan is needed only in some specific areas. For land costing more than five lakhs, the seller should submit either his Pan Card or Form Number 16 during registration.

The expenses involved during registration include Stamp Duty, registration fees, Document writers/ lawyers fees etc. The stamp duty will depend on the cost of the property and varies from Municipality to Corporation to Panchayat. In Panchayat the stamp duty will be 4% of the cost of the land whereas in Municipality it is 5% and in Corporation 6%. Two percentage will be charged as the registration fees. Document writers fees also depend on the cost of the property and varies with individuals. There is a percentage prescribed by the government as Document writers fee and they cannot charge more than the prescribed limit.

After registration, the registered document will be received after 2-3 weeks, from the registrar office.

Changing the title in Village office:

The whole legal procedure of buying the property will be complete only if the new owners name is added in the village office records. An application can be made along with the copy of the registered deed to the Village office to get this done.

It is advisable to measure the land before registering the land in your name. Ensure that the measurements of the plot and its borders are accurate. You can do this with the help of a recognized surveyor. This will avoid a lots of problems in the future. You could also take the Survey Sketch of the land from the Survey Department and compare for accuracy.

More than one owner

In some cases, the land will be owned by more than one people. So before registering, check if there is more than one owner, and if there is, get release certificate from the other people involved.

Buying land from NRI land owners

A person staying abroad can also sell his land in India by giving a Power of Attorney to a third person authorising him the right to sell the land on his behalf. But in such cases, the power of attorney should be witnessed and duly signed by an officer in the Indian embassy in his province. There is no legal support for Power of attorney signed by a notary public.

Agreement

Once all the matters, financial/otherwise are settled between the parties, it is better to give an advance and write an agreement. This ensures that the owner does not change his word regarding the cost as well as make a sale to someone else who offers more money. The agreement should be written in 50 Rs stamp paper. The agreement should state the actual cost, the advance amount, the time span within which the actual sale should take place and how to proceed in case of any default from either parties, to cover the loss. The agreement can be prepared by a lawyer and should be signed by both the parties and two witnesses. After signing the agreement if one of the parties make a default, the other party can take legal action against him.

Registration

The land can be registered in a sub registrar office, after preparing the title deed including all the relevant information. You could get the title deed written by a government licensed Document writer. Even lawyers can prepare the deed, but the document can only be computer printed or typed, not handwritten. Handwritten documents can be prepared by only those who hold the scribe license.

A draft should be prepared before actually writing the document in stamp paper. Make sure all the details mentioned are accurate. If there is incorrectness in the document after registering, a secondary document with the correct details has to be registered and depending on the incorrectness, the registration expenses will be repeated.

Make sure that the deed is registered within the time limit mentioned in the agreement. Original title deed, Previous deeds, Property/House Tax receipts, Torence Plan (optional) etc plus two witnesses are needed for registering the property. Torence plan is a detailed plan of the property prepared by a licensed Surveyor which will have accurate details of the measurements including width, length, borders etc. This plan is needed only in some specific areas. For land costing more than five lakhs, the seller should submit either his Pan Card or Form Number 16 during registration.

The expenses involved during registration include Stamp Duty, registration fees, Document writers/ lawyers fees etc. The stamp duty will depend on the cost of the property and varies from Municipality to Corporation to Panchayat. In Panchayat the stamp duty will be 4% of the cost of the land whereas in Municipality it is 5% and in Corporation 6%. Two percentage will be charged as the registration fees. Document writers fees also depend on the cost of the property and varies with individuals. There is a percentage prescribed by the government as Document writers fee and they cannot charge more than the prescribed limit.

After registration, the registered document will be received after 2-3 weeks, from the registrar office.

Changing the title in Village office:

The whole legal procedure of buying the property will be complete only if the new owners name is added in the village office records. An application can be made along with the copy of the registered deed to the Village office to get this done.

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Monday, November 15, 2010

Salem Periyar University to be expanded by 200 acres of Land - Salem University News and Updates

The Periyar University in Salem is going on an ‘expansion mode' and has sought additional 200 acres of land to start new departments and launch new courses.

A formal request has been made to the State Government and district administration to allot at least another 200 acres of land closer to the present university campus in Salem. K. Muthuchelian, Vice-Chancellor, Periyar University, Salem, told us here on Sunday that the varsity right now has only 90 acres which is not sufficient to undertake new initiatives due to space constraints.

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Madurai Kamaraj University - News Updates - New Auditorium for Rupees 5 Crores

In Madurai Kamaraj University, a new modern auditorium with 1000 seats and computer facility is being built and this project costs around Rs.5 crores.

Other updates - First time in India - MSc Genomics was introduced in the university and that has lot of demand for job in India.

Also, Department Sir CV Raman hall is being repaired and improved currently.

In addition - a modern "food court" is being planned in Madurai Kamaraj University.

With collaboration with Agricultural University, it is planned for a greener Madurai Kamaraj University soon.

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4 acres of Land for sale in Kodaikanal – Super view from the land - bungalow in kodaikanal for sale

We have a land in Kodaikanal main area – 8 kms from the lake.

The land area is 4 acres. It costs Rs.35 Lakhs per acre.
One of the Unique Selling Points is the excellent view from the land. The view from the land is breathtaking.

If you build a house here – it will be a great vacation home and it will be like a resort.

Ok, here are the specifications –
1) The land has a clean title – this is another beautiful feature and you know how the issues are with respect to land sales. We do have a clean title.
2) The land is located 400 meters from the Tar road. The 400 meters is of mud road. So, the buyer might have to make a road, which should not be a big deal.
3) The view is breath taking and it is awesome. We will post the photos soon.
4) The price is very normal.
5) It is a vacant land with great view.

If you are interested – please contact OruAcre@gmail.com Or call me at 72 99 89 3682 (Call anytime) or 9629557866 (Call anytime).
If you are calling from out of state – include 0 before the number. If you are calling from United States – call 1 925 218 2287 (9 AM to 9 PM IST).

Do not miss this opportunity!!!

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Wednesday, November 10, 2010

Need Real Estate Agents - Brokers - Mediators in Madurai, Nagercoil, Kanyakumari, Tirunelveli or anywhere in Tamil Nadu

We need Real Estate Agents/Brokers/Mediators in Tamil nadu for one of our properties.

Here are the details below...We provide brokerage of about Rs.5000 to Rs.10000 for 5 cents of land sales. Isn't it a great opportunity for earning/income?! This is a very easy way of earning money sitting at home.

Please contact us at 7299547094.

We have great AGRI Land for sale in Tiruchendur to Nagercoil highways.

We have around 250 acres and the land is very much affordable to anybody at the cost of Rs.20,000 to Rs.25000 per cent.

We provide other value additions for ************FREE********* with purchase of our agricultural land –

1) 15 years of Security and Maintenance for the land.
2) We provide separate documents for Housing Plots and Kumil Tree Plantations.
3) Our housing plots is Red Soil and for purchasing 10 cents of housing plots from our Global Nagar, we will Plant 40 Kumil Trees (White Teak, Used for Furniture) and maintain it by Dripping method for 15 years free of cost.

This is a great Opportunity for Global Warming contribution (by planting trees), great investment opportunity and income opportunity by earning on the trees on monthly basis.

Please contact us at 7299547094.

http://nellaiacre.wordpress.com/2010/11/04/agri-land-in-tiruchendur-to-nagercoil-highways-%E2%80%93-kanyakumari-%E2%80%93-tutcorin-%E2%80%93-tirunelveli-agri-land-for-sale/#comment-2

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Monday, November 01, 2010

Need 2 to 3 acres of land in the main road from Trichy to Trichy Airport and Pudukottai

We urgently need 2 acres to 3 acres of land in the main road in between Trichy and Pudukottai, preferably near Trichy Airport.

Contact us at 9629557866.

This is an urgent requirement. Party waiting!

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Reasonable and cheap price Land/Plots in Singampurani Sivaganga near Madurai

Dear Viewers,

* There is a huge acres for sale in singampunari.
* Prices are very reasonable.

Place : Singampunari

Total cent : 30 Acres

Please contact me for more details. Do refer "OruAcre.com" when calling Mr.Partheeban.


http://www.oruacre.com/Listing/Land/1684.html


Thank you,
N.K.Partheeban
9842936227
9787672239
9345247213

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Reasonable and cheap price Plot in Melur Navinipatty/navinipatti Madurai

Dear Viewers,

Place : There is a plot in MELUR NAVINIPATTY .

Each Plot : 3 cent plot.

Exact Location : Very near to navinipatty bustop
and 0.5 km distance from mel pallivasal.

There is plot availble in Melur navinipaaty near to Na.Kovilpatty bus stop. Prices are very reasonable. Electricity,Drinking water facilities are very good in this area. You can immedietly start build a house or office or etc. Very good in place. It's on the main area.

Please contact me for more details. Do refer "OruAcre.com", when calling Mr.Partheeban.

http://www.oruacre.com/Listing/Land/1683.html

Thank you,
N.K.Partheeban
9842936227
9787672239
9345247213

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