BDA in the game of Withholding and Re-modification

The former government Congress seems to have outfoxed the precursor the BJP Government in withholding premium lands at the Arkavathy Layout. It is not only withholding more land but also it reformed many specifications and technical alignments to confront the process.

They first changed the word withholding to recodification this was initially done to avoid the rigorous regulations interlinked in the withholding process and also it was done to get rid of the scrutiny by a technically sound committee who has a correct grasp over the entire knowledge.

This withholding and de-notification was done according to the order of the court. The court has asked the government to redo the scheme and reframe it again, the court also urged to give a new name to the scheme rejuvenated and reframed.

This replacement of the term helped the BDA to avoid the revenue department order which was dated in December 20, 2012 this distributed the strategies for the de-notification and also helped in taking ownership of public and also the private land in the state of Karnataka. This change of term and the order made it much clear and necessary for the entire de-notification submissions notwithstanding of the jurisdictional departments to be liable to surrender all documents to the committee of five members which is usually headed by an added scrutiny chief. This decision could not be further overridden at any point of time and at any circumstances.

Majorly the BDA officers ostensibly certainly at the state government, interchanged the term to re-modification to circumvent the committee, as per the sources if the scenario could not be handles so there would have been constraints in the scene that time.

As this same re-modification was attempted in the early time too, there was an immense lack of required strategies and procedures this attempted resulted in a bypassing of the jury to pass a de-notification order which was passed by the then Chief Minister.

But this de-notification was made necessary in the year 2012 immediately after the state government was taken under charge by the Comptroller and the Auditor General (CAG) to take of those inconsistent and unlawful de-notifications of the properties as well as lands in the area of Bangalore.

A set of all the guidelines and strategies was issued to all the authoritative persons of the revenue department. These higher authorities have the required power and strength to procure and acquire land and property which is inclusive of the Bangalore Development Authority (BDA), it also includes names like Karnataka Industrial Area Development Board (KIADB), Karnataka Housing Board (KHB) This was also ensuring the inclusion of the Urban Development Authorities which were constituted under the Karnataka Development Authorities Act of 1987.

Source: http://content.magicbricks.com/industry-news/bangalore-real-estate-news/denotification-bda-remodifies-name-of-the-game/73621.html

This is why our real estate competitors are right about us

Any business endeavor is a competitive arena. The modern civilized world has not changed much since mankind stepped out of the evolutionary forest into the concrete jungle. And man has succeeded in conquering the planet not because of his intelligence, that is, being smarter than other living beings, but because of his imagination. In fact Einstein said that the ability to visualize outcomes before they occurred was the hallmark of a successful species. Imagination being more powerful than logic. Elementary.

The world today has stepped out of the concrete into the ceramic chips that power the internet. And this opened many challenges to any organization. The web took business to another level all together.

Dreamz Infra modest successes in the real estate market speak for themselves. Our successes that live on in our buildings that affordably house the middle class who could not otherwise be encouraged to invest in such luxurious properties at a budget rate.

Our dear valued customer, if you have come across material on the internet deriding our humble works of art, it is because those who post such profanity are incapable of appreciating beauty.

At no cost we will succumb nor relinquish our commitment to give our best to our clients, and extend a warm invitation to prospective buyers.

Dreamz Infra competitors are right about us. Our crime is that of honesty and transparency. 

Maybe we live in an age of profound fraudsters, but we certainly know that we keep the highest integrity values of trust as the highest values to our clients. So, you can feel free to feel secure whilst doing business with us.

Maybe Dreamz Infra competitors are right after all, our crime is that of affordable innovation. We could tell you to purchase a flat through us, but we would not, because that is your smart decision.

For other Real Estate News & Updates Go through below links:

Abuses, Complaints, Feedback, Reviews and fraud - All About Dreamz Infra

Area wise Flat Rates in Bangalore: Compare & Review before Buying

Aerospace Park in Bangalore Is Not a Real Estate Project

Bangalore’s Real estate gives many young realtors a chance to enter into the market

Many of the home makers are entering the real market and working as a realtor. As it is a known fact that this segment does not requires a 9 to 5 job many women have turned up in this sector. Those who are not keen on joining a full time employment have taken this sector a career. Employment in this sector gives a change to make good money and also offers reasons to socialize. In India one really doesn’t requires a certificate or a license to work as a realtor. The job also offers flexible working hours.

There is also a scope in this sector as a realtor because there are not many people in this segment. Many people think that it is a convenient career to have due to all the above discussed reasons. It is a fact that several young and talented people have entered the market from diverse fields of business.

Nothing spreads faster in this segment than the word of mouth. Many of the realtors have carried out the best deals in Crore and have handled the clients in the best situation making their buying experience happy and contented. The article discusses the essential skills required to master the industry.

The purchasers and investors of this section have faced the process earlier and are looking for a much luxurious and comfortable experience. Being a realtor required to be updated in a manner your client is updated it is suggested that read the magazines which your clients reads, take a visit to the cultural venues where your clients usually go, also try understanding their complete expectation and also try interacting with them in their language.

Improve your presentation skills to make their experience a more luxurious one. Organize for client meetings, visit and arrange for follow-ups. To keep them interested, send them personalize videos regularly about each project. Patience is equally important while dealing with the clients. Some of the clients may be the first time home buyers and so one needs to be really patience to understand their requirements.

This article is published by AbuseDreamz Blog. If you want to participate with Dreamz Infra Existing Customers discussion please visit http://abusedreamz.blogspot.com/2013/06/abuses-complaints-feedback-reviews-and.html

Boom in the Real Estate Market 2014

Prashanth G N says that sound growth in the IT sector has made certain the boom in the real estate market too. It is likely that many significant housing projects would come-up in Bangalore in 2014 that will give the buyers many choices to get spoiled.

The Bangalore real estate market is likely to remain steady in 2014 and 2015, when compared to Delhi, Mumbai, Ahmedabad, Chennai, and Hyderabad says real estate players, watchers, analysts, and developers. The sales in both housing sector and for office space were remarkably good in 2013, which has kept the developers tad bubbly. In 2014 many major projects are set for launch that would definitely excite the buyers. It is likely that the demand witnessed in the year 2013 will also continue this year.

Nagaraj Reddy-President of the Confederation of Real Estate Developers of India (CREDAI) in Karnataka said that due to boom in IT sector in 2013 about 9 million sq. ft. of office space was created that can accommodate around 9 lakh professionals. This increased the demand in housing sector, suppose if 10 per cent of the 9 lakh professionals go for new houses, then the market would have 90,000 readymade houses in two years, considering Bangalore’s capacity to generate 45,000 flats a year. He added that the creation of immense office space will increase the demand for residential space in addition.

Various choices for buyers to get spoiled
The new projects that are set to launch would see a mixed trend of conventional and luxury villas and apartments and are priced in the range of Rs.50 lakh to 1crore and a half. The High nets worth individuals (HNI) have actually showed their interest in all the three projects that are coming-up at Devanahalli, Electronic city and Whitefield. In the entire national market, Bangalore real estate market is fairly well, says Karun Varma a real estate Analyst. Considering the facts like the better rupee-dollar equation, US doing well, and exports doing alright, the housing demand is likely to continue steady. There are around 3-4 dynamic transactions that are expected to emerge as lucrative this year and buyers would left with more choices of residential space with the generation of office and commercial space.

The mid-end segment mainly driven by end-user buyers will lead the residential real estate market, says real estate analyst Naveen Nandwani. Considering the on-going commercial activities and other alternatives available in south-east, north, and east submarkets, it seems the demand is mainly focused for residential units in the range of Rs.6-10 million price brackets. Assuming the projected demand, the capital values in these locations are also likely to see an increasing trend. Taking the factors like the ongoing infrastructure projects like Hebbal-BIAL Expressway, Metro Rail, and Peripheral Ring Road locations like Kanakpura Road, Mysore Road, Thanisandara Road, Tumkur Road, and Hennur Road are likely to observe rising tug activities in the residential market.

The influence of IT sector
Suresh Hari of CREDAI Bangalore said that residential real estate market would likely to decline by 25-30 per cent considering the trend witnessed in the last two years and the approaching election this year. The price appreciation is anticipated to be in the range of 5-20 per cent and the supply in the residential market would be13 per cent or more. The commercial real estate market is likely increase by 5-10 per cent against the previous year, which is again based on the previous trend, office and retail space. Rental value increase by 5 to 20 per cent on an average and the supply front would increase by 5 to 10 per cent against previous year.

Bangalore is not influenced much by the slowdown in the sector, says Brotin Banerjee, MD & CEO of Tata Housing and the city has outdone most of the other top metro cities in the country. Bangalore is hyped as the 10th most favored destination for property investment in Asia-Pacific. Bangalore has been the best performing locations, due to the development in infrastructure and connectivity to Bangalore International Airport Limited in North Bangalore and in the future quarters, Banashankri and Devanahalli localities would outdo due to the advantages in their location.

Developers expect for some relief in the approval system and in floor space index (FSI). It is also anticipated that if government sanctions vertical development beyond 3.5 FSI, then it would be an extra advantage for the real estate groups, as they can build more units if the demand continues to be stable. It is likely that whatever is built in 2014 would sell except if any huge cancellation of office space creation happens.