Buying a Property

The estimated price of a property that one can demand in the market is called the market value of a property. The market value depends on the factors like property age, condition, locality, size, build-up area, type etc.
It depends on the person, how many properties he wishes to own w.r.t. his finances he can manage. He can hold multiple property-assets, there's no limit for that.
For a new Apartment or plot register, you will need to present these documents:
  • -  Sale Deed
  • -  NOC from the builder
  • -  Building Plan Approval
  • -  NOC from the bank
  • -  Completion Certificate
  • -  PAN Card
  • -  Photographs
For a resale property, one will have to present New Sale Deeds, PAN Card and Photographs.

Paperwork

Stamp duty is the term used for the tax paid to the government for the legal verification of the property.
Stamp duty is paid by the home buyer/owner, who has the legal authority or holding of the property.
A person can claim tax benefits up to 1.5 lacs on stamp duty and registration costs for a new property or house construction. Although, you can get these benefits only on one self-owned property.
Yes, stamp duty is necessary for both transferred and gifted property. It ranges from 7% to 12% for various states. Few states like Delhi, Haryana etc. allow a concession for 1% or 2% to the female transferors.
Power of Attorney permits the owner to authorize another person with authority to make decisions related to the owner's finances, assets or properties.

Home - Loan

Most of the banks or financial institutions offer the facility to prepay the loan. Although, they may charge a fee of 2%- 3% on the outstanding principal amount.
Yes, the majority of the banks will ask you to present 1 or 2 guarantors (depending on the bank or financial institution) for your home loan processing.
You will have to arrange 15%-25% of the loan amount as a down-payment. Because the majority of the banks/financial institutes will offer 75%-85% loan on the total property value, you are purchasing.
The tenure for a home loan generally ranges from 3yrs to 30yrs depending on the loan amount, borrower's financial strength and bank.

About IC

Yes, Investor Clinic assists its customers to get the best offer on loan as it has tie-ups with most of the major banks and financial institutions.
You need to log on to www.investorsclinic.in
  • -  Select or search your desired city.
  • -  Choose your preferred property from the catalogue.
  • -  Click on the enquire now and fill the necessary details
  • -  You will then get a call back from our team
  • -  They will also assist you with the site visit
  • -  You will get the support from the organisation until the transaction is successful, which includes all the paperwork, home loan (if required), handle the documentation and manage the process of acquiring the property for you
Investors Clinic has a proven track record of 13+ years, working with the top builders and developers of the country. With over 100 builders on-board, 2100+ workforce family, we have helped millions of people to find their dream home. We also assist our customers with Vastu & Home Loan services under one roof. And have a presence in 34 different locations in India and 3 locations abroad. Moreover, we do not charge any commission for our services.
You can use the search bar placed at the home page for:
  • -  Residential Search: It helps you to search the residential property in your preferred location.
  • -  Commercial Search: This option helps you to search the commercial properties at your suggested location.
  • -  Builder Search: This lets you search the available builder at your preferred location.
  • -  Advanced Search: You will find various filter options (Property type, Project status, No. of Bedroom(s), Minimum & Maximum Price) here. You can also save your advanced search preference.
NRI desk refers to a dedicated vertical exclusively for our Non-Residential Indians customers, who are interested in buying a property or invest in the real estate sector.

Vastu

The start of construction should be from digging a pit in the North-East direction of the plot. This pit can be used for the purpose of foundation and vastu poojan ceremony. The religious faith associated with this ceremony is to put a pair of Nag-Nagin inside this pit. As per ancient Hindu belief, the load of earth is balanced on Shesh-Nag. A pair of Nag-Nagin below foundation keeps the load and balance of building uniform and protects it from earthquake and any other natural disaster. This pit can also be used for the underground water storage, tube well or water boring. The idea is that North-East should be a deep and watery zone. The logging of bricks should start from South to North and from West to East. It is always beneficial to first make compound walls all along the plot, only after that the main structure of building should start.
All thorny plants give rise to tension in the environment. The sharpness of thorny plants is nature's device of emitting negative currents; The negative effect of cactus can be drastically curtailed by keeping Tulsi plants close by. Tulsi has an exquisite quality of neutralizing negative currents and spreading health in the environment. Tulsi should be best placed in North-East or Brahmasthan of a house.
The most suitable zone for garage in a house is North-West zone i.e. Vayavya. Alternatively, it can be made in South-East. The precaution should be taken that garage shouldn't touch the compound wall of the plot or the walls of the main building. Always avoid having a garage in the Southwest zone as it will result in a frequent breakdown of the vehicle. If portico is used for parking then it should be North, East or North East. Portico should be 1' to 2' below the roof level of the main building. A vehicle should face North or East, when parked.
The ideal location for a toilet in a house is West, North-North West or South. Always avoid corner toilets i.e. in North- East, South-East, North-West or South-West. Toilet in the North-East direction is the worst. While performing daily activity in the toilet, never sit facing East or West or in other words W.C. should be North-South axis. The flooring level of a toilet should be higher than the rest of the floor. Never make a toilet in front of the kitchen.
Please find the direction / zone of your daughters' rooms. If it is in any other direction except North-West then move them in North-West zone immediately. It will definitely enhance their marriage prospects.
The whole structure shouldn't have a basement, only Eastern & Northern part should be used. Heavy goods can be kept in south and west. The preferred directions for basement are East, North & North- East. If the boring or water storage arrangement can be done in the North-East corner of a North-East basement, it is very beneficial. A basement in South West is the worst.
Use flashy white in the North-East zone of the house. Apply pink or Reddish brown in South-East zone. Paint North-West corner of your house in blue or light blue color. Use yellow in South-West zone of the house. Paint the ceiling of the whole house in white color.
Yes, it is very much true. Vastu is the science of balance of energy. Wrought iron, being a good conductor of heat and electricity disturbs the energy flow in the surroundings. It also emits infra-red rays which are very harmful. Wood is the best option to make a bed or any other piece of furniture as it is a bad conductor of heat and electricity. It doesn't get involved in the energy management inside a room.
Square represents Earth and Circle represent Heaven. When these two shapes are unified by being made equal in area or perimeter it is called squared circle, meaning earth and heaven or matter and spirit, symbolically combined.
Thanks for reading and enjoying our regular column on vastu and writing your queries to us. As we mentioned earlier, Vastu is the science of the orientation of direction. The 16 directions as per vastu are classified & listed below: Cardinal Directions: North, South, East and West. Diagonal Directions: North East (Eashyana), South East (Aagneya), South-West (Nairthuya), North West (Vyavaya) Sub-Diagonal Directions: North-North East, East-North East, East-South East, South-South East, South-South West, West-South West, West-North West, North-North West.
The first step to do any vastu evaluation is to identify and fix all the directions. A rough identification of directions can be done by sunrise direction as the sun rises in East and sets in West via south. But if identification is based on sunrise direction there is a chance of mistake. There is a sizeable difference between sunrise position on June 21 and December 22, the longest and shortest day respectively. The sun rises on true east only on the days of equinox which are September 23 and March 21. On these days the day and night are equal. The best way to fix the directions is by using a magnetic compass. There are two types of compasses. One is a floating disc compass and another is a pivotal needle compass. To check the direction, always stand at the center of plot / house i.e. naval point of vastu purusha. This way you can correctly position the diagonal directions also.
Please find the direction / zone of your daughters' rooms. If it is in any other direction except North-West then move them in North-West zone immediately. It will definitely enhance their marriage prospects.
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