How to maintain the Home Owner’s Association

The Home Owner’s association is a group formed within a community of home owner’s with the help of which, issues relating to various problems of the neighbourhood households are solved. The Home Owner’s Association is somewhat similar to insurance schemes whereby the risks attached to one particular household are shared by the entire community of dwellers. Problems may be of a variety of types. Theft, water supplies, electricity and other moral hazard problems are generally the topics discussed in these associations. The maintenance of the Home Owner’s Association can be a difficult task if not planned out accordingly.

For the smooth functioning of any association, funds are of prime importance. Thus the decision to establish a central funding system using which the projects of the association are carried out will be the first step towards proper maintenance of the Home Owner’s Association. Meetings which are to be carried out on a weekly basis or twice a month to help the members of the association to assess the variety of problems which might be plaguing the neighbourhood. Responsibility of the members of the association to uplift and safeguard the residents of the colony also help in the proper establishment of the association.

How not to sell your house

If you have a house to sell, then you need to know certain important points which will help you market your property better. Real estate agents will tell you all that you need to know to sell your house on the open market. However, there are certain aspects of your property that you need to bear in mind that will keep the buyers attracted. This article will be devoted to all that you should not say or do to sell your house. What should not be done to sell your house is the topic under discussion.

Never undersell your property; meaning to say that you should never sell your house for a value under the market rate even if there are certain problems with the household. It is mandatory that you keep an Energy Performance Certificate at hand as the same elevates the valuation of your property. Do not mention about the deficiencies of your water supply lines if there are any and instead pass it off as a problem of the entire neighbourhood. Keep the neighbourhood dwellers informed of the fact that you are selling your property and charge a higher per square foot price for your property. Be wise and stay ahead of the buyer at every step.

Vibrant Gujarat summit inspires builders to invest in Gujarat

The Vibrant Gujarat summit which will begin shortly is all geared up to give a boost to the state’s housing supply apart from investments. The summit is focused towards the smaller cities and towns of Gujarat. CREDAI (Confederation of Real Estate Developers’ Association of India) which is an apex body of builders will have about 50 of its builder members sign housing project investment agreements at the summit. The investments will be worth Rs 15000 crores. Upcoming real estate projects in Gujarat have already attracted the interest of builders from Mumbai, Delhi, Bangalore, Pune, Hyderabad, Chennai, Kolkata, Jaipur, Coimbatore and Mohali.

According to Jaxay Shah who is the president of CREDAI, Gujarat Vibrant Gujarat summit will witness the participation of CREDAI for the first time. He said that there is every possibility of CREDAI builders joining hands with local developers to develop housing projects. Gujarat already enjoys the presence of major players of the country like Godrej, DLF, Indiabulls and Rahejas. Getamber Anand, the vice-president of CREDAI said that one of the important emerging real estate markets of the country is Gujarat. ATS Infrastructure which is a Noida based realty company owned by Anand is all set to invest Rs 250 crores to develop affordable housing projects.

Sunil Mantri Group announces special offer for customers.

In this festive season, the market is loaded with offers. All companies are launching new offers to woo the customers. And the real estate companies are also not lagging behind.

Sunil Mantri Group is launching new schemes to attract the customers to own homes or commercial spaces. As these festivals are auspicious, the company is advertising that this time is also good to own a home or make investment.
Earlier such offers by real estate companies during festive seasons were not visible. Only during the launching of projects, the real estate companies of India announced some special schemes. But this time the colors of the festivals are brightening up by the offers form the real estate companies. The offers generally launched by the companies include, heavy discount, fully furnished homes, refrigerator or AC, attractive rebates on EMI etc.

Sunil Mantri Group is launching Mantri Utsav 2010 in this festive season and launching new offers. The followings are the themes of the campaign launched by the compmany in the festivals.
Navratri Campaign - “Nau Din Ka Dhamaka”
Diwali campaign – Diwali Ujala
The themes for the Christmas and new year are not announced yet. But the company has plans to launch several schemes during these seasons also.

Re/Max India wins franchise award

Re/Max India, the Indian arm of the world's largest real estate network Re/Max International, has added yet another feather to its glorious cap. The Delhi-based Master Franchise of the global real estate company won the prestigious Master Franchisor of the Year in Real Estate at Franchise Plus awards 2010.

With more than 100 Brokerage Offices within a short span of a year, RE/MAX India has witnessed high growth across the the country..

Sam Chopra, director of RE/MAX India has said that as a real estate franchising company, RE/MAX India's biggest strength is the Network Value proposition that facilitates more choice for the customer and reduces the turnaround time.

RE/MAX India had already won the Startup of the Year at Franchise India & Zee Business Small Business award in Mumbai for its phenomenal growth. RE/MAX India registered a 600-percent growth in the first year of its operations in India.

The global real estate company is also planning to organize India's first realty exchange for brokers. It will be a 14 day industry event covering a gamut of facets of the industry.

It will also include a top class real estate brokerage education chapter to India's first developer to broker property exposition.


RE/MAX International is a global real estate firm that was founded in 1973 by David and Gail Liniger in Denver, Colorado. RE/MAX is an acronym for Real Estate MAXimum.

RE/MAX International has a network of more than 100,000 agents in around 82 countries. It has more than 7,000 offices.

Delhi real estate registers jump in deals as new circle rates to take effect soon

Delhi real estate market has reported a more than expected jump in the number of transactions since the government announced new circle rates (the minimum amount at which a property is valued and sold) on 14th of June, though the government is yet to formally notify the new rates.

The new circle rates announced by the Delhi government are around three times of the current rates. Sub-registrars across the capital have received 20-25 per cent more documents during the past fortnight.

The maximum jump in the number of deal-registrations has been reported from mid-income areas in Northwest and West Delhi such as Narela, Saraswati Vihar, Rohini and Mongolpuri. Major commercial as well as residential areas such as Janakpuri and Tilak Nagar in West Delhi have also reported huge jump in deals.
The government officials said that the new rates will definitely decrease the discrepancy between the actual market price of a property in India and the existing circle rates. Areas that fall under Category A for property tax collection, including Greater Kailash, Gulmohar Park, Defence Colony, Panchsheel Enclave, Hauz Khas and Green Park, will register an increase of 300 per cent in circle rates, from the current Rs 43,000 to Rs 1.25 lakh per square metre.
The new rates are expected to take effect sometime during next month, and until then buyers will be able to get the registrations done as per the old structure, which was introduced in 2007.

Redoing your garden and lawn in your new homes

Your home garden and lawn are the places where you are certain to spend a chunk of your leisure time. So the garden and the lawn are very essential spaces within the realms of your household. So the decor and the finish of these two important places in your household will be in the best of your interests. The garden can be decorated with the use of tropical plants surrounding a pool of water. Effective and practical swimming pools which can be set up within a day are available now at very low expenses for interested home owners. The swimming pool with the tropical plants all around will have a calming effect on your mind after you are back from a hard day’s work.

The lawn likewise is a place in your house which can be decked up with a lot of practical yet decorative items. A swing on your back lawn or a place to play your favourite game can give your lawn a new and modern look. A mini golf course or a volley ball pitch for a game with friends once in a while will definitely make your lawn a place to be in. So think of all the possibilities relating to your garden and your lawn.