Essential Documents to have if you are going for a ready to move in flat

If you are considering buying a property you should be aware of all the documents which are required to effectively buy the property for yourself. All of these documents are essential and it should be made sure that the seller doesn’t miss any. It falls on you to check thoroughly with the seller to avoid any mishaps.

These are the essential documents you should check before going for a property:

• TITLE DEED

The chain of ownership is determined with this document. It provides full rights of ownership to the owner. While purchasing the property you should check whether the title deed is in the name of the owner and you can also take legal assistance by employing a property lawyer for the same.

• SANCTIONED BUILDING PLAN

Before starting the construction of a building every builder has to get permission from the local planning authorities. If there is no sanctioned plan then the development is illegal and you should stay away from it. You should insist that the builder shows you the sanctioned plan before you go for the property.

• OCCUPAANCY CERTIFICATE

This is a very important document which the builder has to submit to the buyer at the time of sale. Firstly the municipal authorities issue a completion certificate as the project is completed and an occupancy certificate is issued by the local government agency after they inspect the property and term it safe for residents.

• TAX RECIEPT

It is important that the seller or the builder show you all the legal tax pay receipts as if he does not have them then the government will impose a penalty of a certain amount every month on the buyer.

• INCUMBRANCE CERTIFICATE

This is issued by the sub-registrar and is used to check if there are any encumbrances on the real estate like charges, mortgage and more. This is a comprehensive document which states the status of the legal dues pertaining to the property. The property should not be under mortgage or loan and the buyer should check this through this certificate.

• MOTHER DEED

This document is especially needed when you are buying a resale property. It is the parent document which traces the ownership of the property from the start. Sometimes owners try to take possession of the property illegally which certainly effects your investment and thus to avoid fraud this document is needed.

• POWER OF ATTORNEY

This is an important and critical document and shows whether the seller has complete right over the property and can sell the property. You can also double check with the real owner so as to escape fraud from a third party.

• MUTATION DOCUMENTS

This document is issued by the municipal corporation in the owner’s name. It contains all the details about the property like the name of the owner, location, property size and other important information about the property.

Thus you should check all these documents before purchasing a property and should make sure that all the documents are duly handed over to you so as to reduce the chances of fraud or other legal troubles.

WHY X NOIDA IS GOING TO BE THE BEST RETAIL SPACE IN NCR IN THE FUTURE

List of Necessary Documents required while Buying a Property

Buying a property, weather an apartment or villa, there are certain procedures to follow which makes the process of property buying easy. Before you zero down the property, you need to check the paperwork required for the same. The paperwork may differ according to city or state. It becomes important to have the knowledge prior to purchase. Like if you are purchasing an apartment in Noida of then make sure you are well-informed about the documents require and process involved.

This article presents you with the list of documents that are important as a part of property purchase:

• Agreement Copy:

This is the most important aspect of the property purchase ensuring that you are entitled to get the best deal without facing any legal issues later. Hence, it is advised to check the agreement carefully and read every point mentioned. The agreement will consist of contingencies, cost adjustments, maintenance amount, etc.

• No Objection Certificate:

The buyer needs to produce this document once the transfer and registration of the property is done. Moreover, the society in which you will be residing will produce the document stating they are ready to take you into the society. NOC is also important to receive from the builder to ensure that the construction doesn’t fall under legal issues.

• Sales Deed:

This is offered when the society and apex body is formed. It is important document which should be presented by the seller to the buyer of the property. This is the proof of ownership. Sales deed is also known as conveyance deed and states that property is free from mortgage.

Documentation and verifying them is an important part of property purchase which will let you to buy without any objection or fear. Do connect with professional property broker to know more about documentation work.

Visit Our website – http://www.bayaweaver.in

Real Estate Broking Companies Helps Realize Your Dream Of Owning A House

The shelter is one of the basic need of mankind after food and clothing. A person has to spend a lot on giving himself and his family shelter. The plight of a person not having a roof of his own is really heartbreaking.

Millions of people live in rented houses and there is always a fear that you may be asked to vacate it. Also living in rented premises you do not have the liberty to live the way you would like to. You need to stick to the rules made by the house owner. Not abiding by them may lead to many complications for the tenants.

The dream of every person is to own a house even if it is a small one. Yes, not everyone can afford a luxurious apartment that too in big cities. Also living in huge premises has its own glitches. A person with modest earnings would prefer to have A comfortable indoor space that is affordable without much stress.

You may have to give up your rented apartment at any time. you may not have the freedom to decorate it or furnish it the way you wish to. There may be many restrictions when you live in such premises. The best way to come out of this is to book a home for yourself from a reliable real estate company like BOP.

With the help of real estate companies, you can fulfill your dream of own owning a home. You have several real estate agents and owners coming up with different projects and building thousands of houses. BOP is one such real estate company that caters to the shelter needs of people.

Real estate broking companies play an important role in finalizing a home and getting a good deal. Thus, it is important to choose the right real estate broking company. The real estate company knows everything about the market, prospect’s perceptions, and buyer’s budget. Thus, it is essential to trust someone who is a seasoned professional in the Real Estate market.

BOP is well known for providing comfortable homes at affordable prices to different kinds of buyers. They Solicit potential clients to buy, sell, and rent properties, advice clients on prices, mortgages, market conditions, and other related information. They provide complete support from searching for the right property to negotiations, paper work etc till possession.

 

Reason why Commercial Real Estate Investment is Lucrative

Investing in property is a good idea, especially if it is a commercial space. A commercial retail area located in a prime location can further boost the ROI. In India, cities like Mumbai, Bangalore, or Delhi NCR boast of good ROI on commercial space. Real estate developers are keen on building more commercial space and give it on lease which yields them good returns. Developers, particularly in the Noida region advertise retail space or shops in malls with a guaranteed higher return after few years. For instance, OMG by Bayaweaver in Noida is turning out to be the best retail space investment because of its strategic location, amenities and returns offered.

The organised retail sector in India has a good share of income and is increasing rapidly.  With the demand for retail space increasing, investors and real estate developers are keen on building more commercial space that can be leased out to generate excellent returns both in the short as well as long-term.

The Retail Mantra:

The best part of retail space is it yields highest return and offers long term benefit. The dynamics of retail segment is quite different from residential. Location, tenant, management and type of business matters when it comes to calculating the ROI in retail space. Moreover, with developers offering multiple benefits in terms of long term lease, bank guaranteed returns and easy loan availability, it becomes extremely lucrative and easier for retail investors to invest.

Also, Read – Benefits of Buying Property in and around Greater Noida

Building Innovative Space:

Innovation plays an important part in retail space investment. Developers with innovative design and features attract retail investors to bring more investments. The mixed format of commercial-cum-residential is the most innovative method of development. The best example of this is Oh My God by Bayaweaver in Noida, which is a mix of commercial-cum-residential project built on the most strategic location in sector 129 on the Noida Expressway.

Summary:

Developers are coming up with theme retail projects that beat the traditional retails space idea. Innovation and long-term benefits have really created interest among retail owners to invest in commercial space.

 

Tips to Consider Before Investing in the Residential Property

Property investment is the most painful situation where the right decision matters the most. From location and apartment type to developer, each perspective matters a lot. The main aim of investing in the right property is to gain long-term benefit from it rather than facing issues while reselling it. Indian real estate is booming and investors are finding it profitable to invest in the right property. Every property has its own merits and demerits which are important to know before investing.

Whether you’re investing in the property in Noida, Lucknow or any other city, it is important to follow certain factors. Developers like Bayaweaver, DLF and others are coming up with an impressive residential project, investing in which can be quite profitable. If you’re investing in an upcoming residential property, then here are few factors to consider:

• Location:

A strategically located residential project is worth an investment because it will certainly yield a good return in near future. Even if you’re planning to keep it on rent, you can still earn a good rent over it. Location with good infrastructure, commercially close by and a good connectivity is always considered.

• Property Type:

Home buyers choosing to invest in the ready unit can benefit facing with zero risks of delays, saving on service tax and other issues. However, an under-construction project can have an issue of delay in possession. Moreover, you need to check if the property is backed by financial houses to provide low-interest loans to the buyers.If you’re thinking of investing in Bayaweaver Lucknow project Home, then you’ll get a backup of promising loans from reputed lending institutes.

• Developer Reputation:

The reputation of the developer matters a lot because investing in a project built by a reputed builder will be a promising investment and will be assured of good projects. For instance- Bayaweaver is the leading real estate developer in Noida and Lucknow building promising project for home buyers. Buyers are having full faith on them while buying the project.

Property Price Matters:

The price of the property depends on the location and how luxury the project is. The property rate may fall and rise, and the buyer should have known about. The price should be calculated as per the EMI which needs to be paid. Comparing and seeking real estate expert matters the most.

Get more information visit – http://www.bayaweaver.in/contact.php

 

Importance of getting Possession Letter and Occupancy Letter for Homebuyers

Home buying process in India is filled with a lot of hassle which takes away the patience and enough of your savings. Compared to the renowned real estate developers, newcomers and lesser-known developers take more time in completing the process of providing possession letter and occupancy certificate. In many cases, home buyers don’t receive these important letters even after years of project completion. However, the RERA law made it a compulsion for developers to register their project and complete the basic rules of home buying to avoid legal action.

Developers like Bayaweaver ensure that none of their home buyers face difficulty in getting Possession Letter and Occupancy Certificate. Similarly, the developer also ensures that buyers get completed project on the deadline.

Let us now check the importance of Possession Letter and Occupancy Certificate:

Possession Letter:

The possession letter is issued to the home buyer once the project is completed. Until the letter is handed over to the home buyer, he/she is not the legal owner of the flat. Moreover, you will also need to obtain an Occupancy Certificate to be an owner of all the amenities along with the unit. The possession letter is also important during the application process of applying for a home loan. Financial institutions and banks do ask for the PL and OC as a proof on documentation.

Conditional Possession:

In many cases, even if the buyer is not happy with the construction of the flat, he/she still needs to take the possession. In such situation, they can go for Conditional Possession and write the same on the developer’s copy. You can mention about your unhappiness over the project and also about the action to be taken by you if decided.

Occupancy Certificate:

Also known as the completion certificate or pass certificate, it is the proof of construction completion. If you’ve purchased a flat in Bayaweaver Lucknow named Home, once the construction is completed and all conditions met, then you’re eligible to get the Occupancy Certificate. Developers collect this certificate from the local town planning authority. A homebuyer may need the Occupancy certificate while applying for a home loan on the resale property or while seeking utility connection service.

5 Factors that Define A Luxury Residential Property | Bayaweaver

With the economy getting better and bigger, home buyers are gearing up for investing in luxury homes. For the past few years, we have witnessed a rise in the demand from property buyers when it comes to amenities. Top real estate developers like Bayaweaver, DLF, Raheja and others are coming up with high-end luxury projects apt for long-term investment. Bayaweaver Noida and Lucknow residential project and other upcoming projects are quite a luxurious offering premium home for investors in this region. In the current scenario, home investors are buying sub-standard properties which are tagged as luxury projects.

These residential projects come with modern specifications and amenities, fulfilling the parameters of buying. This blog presents you the 5 factors that define a luxury residential property:

1. Strategic Location:

A residential property built in a strategic location itself raises the property value. A centrally located apartment is preferred because the location is well connected with commercial and other cities. Bayaweaver Noida is one prime example for a strategic location.

2. Ultra-Modern Amenities:

A residential property with ultra-modern amenities is a perfect investment. Spacious area, clubhouse, landscape garden, multiple-parking area, sleek and fully-equipped kitchen are one of the important factors that ensure ultra-modern amenities.

3. Top-Notch Builders:

This is the most crucial factor to consider before investing in a property. Do check whether the developer handovers the possession on time, uses quality construction product and has top construction projects under its belt. For example; check Bayaweaver reviews to know what buyers say about the developers.

4. 100% Safety and Security:

A building with top quality construction work and modern- safety facilities, ensures a safe residence. Occupants expect that the families are provided with 24/7 protection in the area and developer uses both personal and modern devices for security.

5. Less Number of Residents:

The luxury residential project depends on the number of residents residing in the building or society. The overpopulated complex may make the area noisy and one may expect issues in the near future. So while investing in a luxury home, as a buyer, you need to check the privacy factor in the property.

Why OMG Is the Best Retail Investment Destination

Investing in something requires a lot of future planning and surety. But, in the current budding market of the real estate many options are coming out to be prone to no profits in the future. Investing is like sowing seeds hoping for a tree which will bring a bright life forward in the future. OMG is one of those trees about to emerge in a matter of mere years.

The second most important thing to observe in the retail investment is the category of investment. OMG provides more than enough options at a single place which directly increases the value of your investment collectively in future.

The key retail investments available for you at OMG are;

• Retail space – OMG features exclusively an inside edge mall with retail spaces for the investors. The mall is placed just beside the Greater Noida expressway and will include almost every kind of retail shop in there to fulfill the needs of the customers. So, if you are looking for a retail space to invest in, OMG is the best place to give back the deserved in quite near future.
• Studio Apartment– Studio apartments are the best investments for the new generation. If you are looking for a safe and sound environment with class, the studio apartments in the OMG project will be the best choice. Huge in size, high in class and modernized in each and every aspect.
• Hotel space – If the place you want to avail has a hotel chain running in the same building, you can imagine the increase in the value of your property let it be any kind in the very area. OMG is also providing an out of the box hotel chain the very building you would invest your money in. So the surety just goes higher if it does.
• Parking space – OMG is selling parking spaces for both commercial use and personal use. There are separate parking spaces for the mall and the studio apartments. Parking spaces are one of the busiest and consistent income providers and investing in a parking space in OMG can be a great choice for your future security too.

Retail investment is one of the smallest and safest of all investments and that is why they hold a great deal in providing safety of returns in future. If you think wisely about where your money should go and how productive it can get, think again about OMG. Your thoughts are precious and we work to fulfill them with uttermost compatibility.

For more details visit – OMG Noida Project.

How OMG Offers the Best Studio Apartments | Bayaweaver

The new generation believes in a mix of cultures and lifestyle. That applies to the kind of apartment they want to live in too. Modern style with a touch of the Indian needs is basically what the new age customers want and OMG offers it in the most exquisite way.

Sleek in design

A studio apartment serves the purpose for people who want everything in their access. It is not just a box shaped room. It is rather a possibility of doing something innovative with the sleek spacing you get and that creativity can be implemented only in a studio apartment.

Everything in One Place

A room full of all the required comfort and features is enough to make a bachelor pad. OMG exclusively provides super studios too which work for the ones who want a little more separation in their personal and working space.

The Neighborhood

A person who prefers to live in a studio apartment also looks for a neighborhood which is quick in providing the needed. What if your apartment is just above a multi-utility mall? Well, that also serves the purpose of a good crowd and neighbors along with the availability of almost anything required. OMG is a project which provides all of these with something even better within, a hotel below your home too. Excited much?

Connectivity

The ultimate goal of a studio apartment or a supposed bachelor pad is to be in a place from where the world is well connected.  OMG is based on a prime location from where all the public transportation systems will be extensively available to connect throughout Delhi. P.S. it is just beside the Yamuna Expressway, so no red lights for the vehicle owners either.

Take a good peek into the analysis of what you want from your studio apartment. If all the above points fall in the list of your requirements and desires, then OMG is the best place for you. SO, come and join us by investing today for a better tomorrow at OMG.

For more details visit our official website – http://www.bayaweaver.in

 

Why is it Important to be Unique in Building a House

Bayaweaver always tries to be unique with its approach when dealing with the audience. Especially when providing them with the solutions and services to have a comfortable house. They have always been very dedicated to providing the customers with unique solutions for all their housing requirements.

Bayaweaver has a clear opinion that they want to keep their customers happy with their creative and out of the box thinking to stand out with their uniqueness. You must be thinking why it is so important to be unique? Well, let us explore the need for uniqueness.

1. To attract users: Today, to remain in the market it is very important to attract users to your services. If you are not unique and are repetitive in the services provided, then it will be very difficult to attract users towards you.
2. Retaining the customers: Nobody likes being served the same boring dish again and again. So, do the customers. If you serve them with the same monotonous designs they will take no time to switch towards your competitors.
3. To be ahead of the competitors: To sustain in the present technical era, one must be unique enough so that it can be better than their competition. Being unique and innovative is the best way with which you can make your presence felt over your competitions.
4. Better business opportunities: Being unique in your work will help you get better business opportunities to expand your business. It will also help you to get associated with many different business people which can help you to stay in the market for long without much difficulty.

We at Bayaweaver always try to fulfill every point with our uniqueness in work. Click on our website www.bayaweaver.in and see the uniqueness in our work.