Topic: Constructions

Tax Season Real estate brokers defy TREB, vow to publish home sales stats

Those Torontonians cut off from receiving their regular dose of home sales stats will get a welcome fix in their inbox.

Two of the three brokers who shut down their online service this week after receiving a threatening letter from the Toronto Real Estate Board have decided to get back in the game.

They say they’ve concluded they’re breaking no rules in doling out the coveted information about what homes are selling for in the city.

It’s just the latest development in an ongoing war over the traditional industry’s monopoly on vital real estate information..

32 companies in illegal real estate investment schemes: Govt

NEW DELHI: At least 32 companies have been found by capital market regulator Sebi to be operating unauthorised money-pooling schemes in the garb of real-estate business.

These account for more than half of the total 59 companies that have faced Sebi action for running unregistered Collective Investment Schemes (CIS).

The capital market regulator had received 302 complaints against these 32 real estate companies and has passed orders against them for running CIS without registration..

Discover the Richness of Stylishly Crafted Homes in Mumbai

Homes in Mumbai are extremely in demand with the real estate developers building state-of-the-art residential projects across the city. The current real estate development is not limited to just bedroom, hall and kitchen plan, but builders are coming up with unique concepts that offer exceptional living spaces. Property buyers are also seeking an extraordinary element in the property that they are going to own, and hence, the competition in the real estate industry is getting tougher. Property builders in Mumbai are striving hard to offer residences that are simply best in all aspects. Raghvendra Constructions Is among the few and leading real estate builders who have launched numerous high-end residential projects all over the city that offer a divine living experience.
Saraswati Apartment at Goregaon, Sai Elegance and Chitravani Annex in Andheri, Chavindra at Malad, Holy Cross Apartment in Mulund, Nobel at Taloja, are among the ongoing residential ventures by Raghvendra Constructions in Mumbai. Apart from these premium projects in Mumbai , Raghvendra Constructions has also flourished in other cities like Goa, Mumbai and Bangalore. Moreover, there is a list of completed, future and pre-launch projects that shows the expertise of this distinguished property developer.
Every project has some novelty to offer. These homes in Mumbai are elegantly crafted and incorporate lavish spaces, featuring premium amenities at upcoming locations of the city. With an array of choices that range from 2 BHK, 3 BHK, 4 BHK apartments, garden homes, twin bungalows, villas and penthouses, there is no room clash royale hack 2017 for compromise when it comes to offering amazing living spaces.
With all this and more, every residential projects in Mumbai by Raghvendra Constructions is designed as per your preferences and promises to offer you a living beyond your imaginations.


Decor Tips To Make A Beautiful Home

Prospective home buyers primarily seek appealing luxury apartments in Mumbai. Most of them expect their home to be a prized possession worth flaunting. The common adjective that people place before home is the word beautiful. To own a beautiful home is a dream for many. In Mumbai, one will find a good collection of beautiful properties in Raghvendra Empire.
The leading real estate & Developers, Raghvendra Constructions Ltd., has created the most beautiful homes through their brand. The glamorous brand outshines all other projects. A home needs to be beautiful both from the exterior and the interiors. For beautiful interiors, residents must take initiatives in making the house look classy and elegant.

Here are 10 must-know interior tips that will benefit you to make your home attractive:
For your walls, use high-gloss paint as it offers greater durability and is easy to clean. But, if your wall has some imperfections, high-gloss paint will only enhance the imperfections. Flat paint will do a much better job of hiding the flaws in the wall.
If your walls are painted with a flat color, then use bright and vivid colors for your curtains and furniture. This will give a dynamic look to your home.
Get rid of the clutter. A room crowded with excessive stuff will any day look disorganized and small. Keep your room clutter-free so it looks bigger and impressive.
Display a painting that you admire and find inspiration from it. Use it as your focal point. Pull colors from the painting for your room’s color scheme.
If you paint the wall white, you definitely need to hang a piece of art or a piece of decorative.
Accent lighting gives a great aura to your living space by placing focus on objects and areas you want to highlight. Layered lighting works magic for appealing interiors.
White curtain lining should only be used with white curtains.
Plants offer the finishing touch to any room. Let in plenty of sunlight for the healthy growth of the plant and for the inflow of positive energy.
Place mirrors in the room to make it look bigger and reflect additional light around the room.
Arrange your furniture intelligently. The room should not look like a store house.

Such simple decor ideas are sure to make any place of living look appealing. A beautiful home is a gateway to healthy body and mind.


Quality of Construction

When you buy a property , you obviously want to be sure about its construction quality. New materials and technologies have improved the construction process a lot in the past few years. However, it’s not uncommon to find houseowners complaining about construction and workmanship.

“An inefficient construction system beset by project delays, corruption and bureaucracy, coupled with rampant violation of building codes, has resulted in compromises with quality, making structures more susceptible to structural and safety malfunctions. This is a potential danger not only to inhabitants but also people living in the immediate surroundings,” says Sachin Sandhir, managing director, RICS (Royal Institution of Chartered Surveyors) South Asia, a professional body for qualifications and standards in real estate.

To make matters worse, all the defects might not be even visible. For instance, a lay person will not be able to find out if the building is structurally unsound. The only option he has is getting the structural and architectural details reviewed by an independent architect.

Here are a few checks that you can do on your own.

Though all developers promise ‘quality construction’, not many bother to provide the details. “It is essential that the builder annexes with the (booking/purchase) agreement a schedule of amenities or specifications related to flooring, doors, windows, sanitary/electrical fittings, etc, that he will use. This ensures you are aware of what the developer is committing. However, in reality, while the type of amenities is usually mentioned in the agreement, the exact specifications and quality are not,” says Sandhir.

Putting the details on paper will also put pressure on the developer to deliver.

When you buy a home, a few unannounced visits to the site will help you understand the quality of construction.

Soil Investigation:
The soil on which a building is built is very important. Its quality depends on composition, which differs from place to place. For instance, a clayrich soil will have a tendency to shrink and expand depending on moisture. All builders conduct a soil test before starting construction. You can ask for a copy of the results

Structural Design:
Making sense of the design and layout blueprints is difficult for a lay person. However, one can ask for the design created by the project’s architects and seek help from a third-party professional to make sure that everything is in place. For instance, the building should have the strength to withstand earthquakes of a certain magnitude.

{table}”Most buildings constructed in the last five-six years can withstand mild earthquakes of around 4.0 on the Richter scale while some can withstand an earthquake of 9.0 magnitude. Much depends on how much weight it puts on the ground and the quality of steel used,” says Kishor Pate, chairman and managing director, Amit Enterprises Housing, a Pune-based developer.

Concrete Mix:
The concrete strength requirement depends on the structure’s load. Builders closely monitor the strength of the concrete mix. As it is not always possible to monitor the preparation of concrete mix on the site, ready-mix is a better alternative. Ask the builder for certification of concrete mix provided by a testing laboratory.

Wall Thickness:
Builders should mention the width of the walls in layout plans and booking/purchase agreements. Visiting the site while the construction is on to check that the builder is adhering to the original plan?

When developers promise certain fixtures and finishings, it is assumed that they will be of satisfactory quality. It’s a wrong approach. One must always check if bathroom fittings, wires, electrical fittings, etc, have been certified by the Bureau of Indian Standards.

Once the unit is ready, the quality of plaster, tiles, marbles and paints should be visible to the naked eye. If you have any doubt, ask the builder about the brands used. The use of poor-quality paints and tiles means you will have to replace them early.

Since it is not possible for a buyer to check all the aspects of construction, he can avail of the services of independent auditors.

“A proactive measure such as a ‘third-party audit’ can be extremely beneficial as it provides a safeguard against unpleasant surprises. In India, consumers can approach auditors registered with the Quality Council of India for an inspection to determine if materials used in the construction meet all safety norms,” says Sandhir of RICS India.

An independent audit can be expensive, but asking your builder to hire an inspection agency for continuous quality certifications and audits will not cost you anything. Many reputed builders have already started seeking certifications such as the CIDC-CQRA quality certification, an initiative of Durocrete Construction Quality Rating Agency and the Construction Industry Development Council, promoted by the Planning Commission.

Whether you do it yourself, seek services of a professional or rely on third-party audit certifications, be alert about the quality of the property being delivered to you.