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For any project, plot or building, CMDA approval is a verification that the property conforms to the state’s zoning rules, which means that its intended usage as a residential or commercial property is as per the area's development plan.
Housing construction activities refer to the practice of housing production and all activities involved in housing production by government agencies, private developers, non-governmental organizations (NGO), individuals and stakeholders involved.
A property description is the written portion of a real estate listing that describes the details of a home for sale or lease. Descriptions account for roughly one-third of a listing and are accompanied by property information and photographs.
Independent houses are mostly those houses that are situated on a free Plot and have their own limit divider, the land on which an individual house is built has a place with the individual who possesses the house.
A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
Monthly Payment Rs 3,000/- duration 60 month.At the end it Comes to Rs 1,80,000/- in thar we are adding another Rs 3,20,000/-. So you will get Rs 5,00,000/- as matured amount.
"This matured amount you can convert as Our Land or Cash".
EMI plots, or Monthly Installment Scheme plots, offer an alternative way to purchase land without the need for a hefty upfront payment or a bank loan. Instead of paying the full price in one go, you can spread out your payments into manageable monthly installments directly to the seller, without accruing any interest.
CMDA approval meaning. CMDA stands for Chennai Metropolitan Development Authority. It acts as the regulatory body governing all construction activities within the Chennai Metropolitan Area (CMA). This includes Chennai city and its surrounding suburbs.
A home loan is a secured loan that is obtained to purchase a property by offering it as collateral. Home loans offer high-value funding at economical interest rates and for long tenures. They are repaid through EMIs.
Purchasing land is a major financial event in anyone's life. While for some, it may be an affordable investment, many people save for years until they can finally purchase one. Whether you purchase land for personal use or as a matter of investment, there are certain legalities that you must adhere to. Any land property above INR 100 has to be registered.
This document verifies land ownership and details like area, location, and survey information. Chitta (Land Revenue Record): This document provides information about land classification (wetland or dryland) and tax details.
OBERAI PROPERTY DEVELOPERS