Saturday, January 26, 2013

Checklist For Executing Deemed Conveyance

Sr. No Description of the Document Required For Demand Conveyance 1 Certificate Of Registration Of The Society 2 One Copy Of The Complete Agreement 3 List Of Members With Stamp Duty Paid And Registration Receipt 4 Latest Property Card And 7/12 Extract 5 Title Certificate Along With Search Report For Last 30 Years 6 Lay Out Plot Plan Approved By The MCGM 7 Approved Building Plans 8 IOD, CC And / Or Occupation Certificate Issued By The Competent Authority 9 Architect Certificate 10 Latest BMC Tax Bill 11 Legal Notice Sent To The Owner & Developers And Other Interested Parties To Execute Conveyance Deed 12 Last Known Corresponding Address Of The Owners And Developers 13 True Copies Of The Agreement For Sale Of The Existing Members Of The Society Along With The Proofs Of Payments Of Stamp Duty And Registration 14 List Of Chain Of Membership Transferred To Actual Residing Member 15 Copies Of INDEX – II In Respect Of All The Flats And Shops 16 True Copies Of The Minutes Of The General Body Meeting Of The Applicant/ Society Authorizing To File An Application For Deemed Conveyance 17 The Affidavit By The Authorized Representative On Rs.100/- Stamp Paper 18 Authority Letter On Rs.100/- Stamp Paper 19 Vakalatnama 20 Draft Of Conveyance Deed 21 Rs.2,000/- Court Fees

Wednesday, January 16, 2013

17/01/2013: Mission LandguruZ toDay Celebrates 3 Years Of Constant Commitment In The Redevelopment Sector Of Mumbai

From The Desk Of Mr. Nilesh Kossambe (Founder & Vice President Of LandguruZ) Welcome To LandguruZ, A full redevelopment solution provider that's different...yes, I said it, different. In a sector where our competitors are shouting the same rhetoric day in and day out, they remind me of a "Barker" at a county fair trying to convince you to come inside to see the bearded lady. LandguruZ has been quietly repeating one thing over and over for the last 1095 days....100% Total Customer Satisfaction. Trust me when I tell you that it is much easier to say it than it is to actually do it. I know this because we do it every day. LandguruZ strives to form close, long-term relationships with our clients to become a trusted extension of their redevelopments. Our technique is to closely understand our client's specific redevelopment objectives from both a business and technology perspective, and tailor solutions to meet their defined requirements. For the entire team at LandguruZ, it is all about service, service, and service. Each of our internal processes are designed to ensure that the customer experience is always positive and that we exceed their expectations. I have often heard customers' who have been with us for a short time express "that they really did not believe or comprehend all of the "hype" about LandguruZ. But after being onboard for a few months they now understand "the difference". My promise to you is to bring out the very best from those around me, to completely understand our client's business goals and objectives, and a continual commitment to exceeding our client's highest expectations every single day. On this, you have my word. Thank you for your consideration of us and I truly hope to personally thank you for being a part of the LandguruZ Family. Warmest Regards, Nilesh K

Tuesday, January 8, 2013

Documents Required For A Home Loan In A Co-operative Housing Society

1. Identity proof – Driving license – Voters ID – Passport – PAN card – Ration card – Employee ID – Bank passbook – Letter from a recognized public authority or public servant verifying your photograph – Confirmation letter from your employer or another bank verifying your photograph 2. Address proof – Driving license – Voters ID – Passport – Ration card – Bank passbook or Bank account statement – LIC policy/ receipt – Utility bill – telephone, electricity, water, gas (less than 2 months old) – Letter from any recognized public authority verifying residence address of the customer – Letter from your employer 3. Age proof – Driving license – Passport – Bank passbook – PAN card – Birth certificate – 10th standard mark sheet 4.Income proof Income proof and property proof vary for a salaried individual and a self-employed individual. a. Self Employed/Businessmen:- – A brief introduction of Business/Profession – Balance Sheet, profit and loss account statement of income, proof of income tax returns for the last 3 years certified by a CA – Photographs – Receipts of advance tax payments if any made – A photocopy of Registration Certificate of establishment under Shops and Establishments Act/Factories Act – Registration Certificate for deduction of Profession Tax – Certificate of Practice – Receipts of Bank loans – Proof of investments (FD Certificates, Shares, any other fixed asset) b. Salaried individuals – Income Proof (any one of the following): Latest Pay slip Form 16 Increment/Promotion letters Appointment letter Pay slip (Last 2 months) with salary account bank statement Certified letter from Employer IT returns ( for three years ) – Investment proof (FD certificates, shares, any fixed asset etc.) – Documents supporting the financial background of the borrower (liabilities and assets if any) – Photographs 5. Property documents If a flat is purchased from a builder, you need the following property documents: – Original copy of your agreement with the builder – 7/12 extract – This is issued by the concerned land authorities giving details such as the survey numbers, area, date from which current owner is registered as owner etc. – Property register card, which is obtained from the City Survey Department – N.A. permission for the land from the collector, if its agricultural – If the land is agricultural and is being utilized for residential/ commercial/industrial use, then such agricultural land has to be converted to non-agricultural land and a Non-Agriculture Order has to be obtained from the Collector of the district where the property is located. – Search Report and Title Certificate – A search report and title certificate can be obtained from an advocate who will conduct a survey of the title of the property by visiting the office of registrar. A legal opinion can avoid any legal hassles later and is mandatory to be filed with the agreement for sale. – Development agreement between the owner of land and the builder – Copy of order under the Urban land Ceiling Act – Copy of building plans sanctioned by the competent authority – Commencement certificate granted by the Corporation – Building completion certificate – Latest receipts for taxes paid towards the land or property or flat to be purchased – Partnership deed or memorandum of association of the builders firm If a flat is purchased from a Cooperative Society, you need the following property documents – Original share certificate of the Society – Allotment letter from the Society in your name – Copy of the lease deed, if executed – Certificate of the registration of the society – Copy of the bye laws of the Society – No objection certificate from the Society – 7/12 extract or property register card in the Society’s name – Copy of N.A permission for the land from the collector – Search Report and Title Certificate – Copy of order under the Urban Land Ceiling Act – Copy of the building plans sanctioned by a competent authority – Commencement certificate granted by Corporation – The latest receipts of taxes paid for the property – Original Agreement to assign / Deed of assignment If you are constructing on your own land, then you will need the following property documents. – Original sale deed of land and extract of Index II – 7/12 extract or property register card in your name – Copy of N.A. permission for land from the collector – Search and title report – Copy of tax paid under Urban Land Ceiling Act (obtained from Commissionerate of Urban Land Ceiling and Urban Land Tax) – Copy of the building plans sanctioned by a competent authority – Building permission granted by the Corporation – The latest receipts of taxes paid for your land – Estimate of the cost of construction certified by the architect

Tuesday, January 1, 2013

Application Format For Deemed Conveyance Issued By The Chief Minister Of Maharashtra

Respected Mumbaikars, Wishing You All A Blessed New Year Ahead. For The Application Format Of The Special Drive For Deemed Conveyance Issued By The Chief Minister Of Maharashtra, Feel Free To Mail Us At landguruz@gmail.com. Yours Truly, Nilesh K Vice President LandguruZ