LeapZipBlog: floraheights

floraheights's blog

16 blogs

Every Day Is Health Day When Your Home Has These Amenities - New Projects In Andheri West

June 4, 2019 by floraheights  

There is a new wave of demands by house buyers for real estate developers in Andheri West. People are now looking for house, which are built in a way that they have the least amount of impact on the environment and also have all the required luxury amenities to keep one’s self healthy. The theme this year revolves around universal health care for everyone. Taking care of your health is what you should focus on amidst all the hullabaloo of a chaotic life. Having a job, a family leave with very little time for your own self. But what if the place you call house has all the luxury amenities to keep you healthy, fit and fine? This is what real estate developers in Andheri are now aiming for.

Property in Andheri West come complete with all the wellness and fitness amenities. Hence, every day is a healthy day if your home has all the following amenities.

Cycling and Jogging Track: Cycle and Jog your Way to A Healthy Heart: Having a park where you live is one of the most peaceful things to have. You can relax in a park, spend some quality time with your kids, etc. If the park has a walking and jogging track then you can easily go for a run or a walk in the morning bliss.Flats in Andheri West provide a view with bright sunny day and parks to enlighten your day.

Kid’s Play Area: A Kids Play Area is the best place to relax and unwind and spent some time with your kids. These gardens provide you the chance to bask in the sunshine in the midst of trees and grass. Who does not like to walk barefoot on the grass? This is one therapy you and your kids definitely need. New Projects in Andheri Westprovide you with these.

Swimming Pool Build your Endurance with Swimming: A swimming pool is necessary. Having a swimming pool can help you gain the muscle strength you need. In addition, you do not need to send your kids anywhere outside or spare some time to take your kids outside when you can have your swimming pool in the society itself. New projects in Andheri West are providing this amazing amenities.

Mini Banquet Hall: Rental Banquet halls in Mumbai now cost very expensive and becomes difficult to organize with all the expenses adding up. Having a banquet hall in your House in Andheri West can save your expense every time you plan to organize a party. Now you can easily plan a function or your birthdays or anniversary party without thinking about the budget.

Gymnasium: Get Your Zen Mode On: Having a Gymnasium in your Property in Andheri West is one way you can make sure that you keep yourself healthy. gym is something which is picking up as an easy way to keeps one’s mind, heart, and soul healthy. If you have a space for peaceful yoga and meditation in your society, you can go anytime and bear the benefits of being a yogi.

The best Flats in Andheri West are in those residential projects, which have these amenities. So next time you set out to look for Flats for Sale in Andheri West make sure you make a healthy choice.

Vastu Tips For Choosing A New Apartment

May 30, 2019 by floraheights  

The Indian architectural science of Vastu Shastra, has been a basis for identifying and developing the best living spaces. Vastu-compliant plots and homes, help the inhabitants to live their lives with more happiness, wealth, health and prosperity. This ancient practice has gained popularity in the real estate space, for identifying the best places, plots and structures for residential, as well as commercial purposes.

Vastu compliant entrance

While evaluating the design plan or layout of a plot or a construction (flat or apartment), the first consideration should always be for a good entrance. The entrance holds the key to ushering in positivity and happiness for the entire family.

Each living space has 32 possible locations that can function as an entrance of a building. Each of these 32 locations, has their own significance and affects our lives accordingly. For instance, an entrance in the south-east zone, the Vastu zone of cash, results in delayed payments. A south-west entrance is among the least Vastu-compliant entrances and families living in such homes, can face monetary and relationship issues to a great extent.

On the contrary, if you have an entrance in the north, you can expect great success in monetary and business matters, as well as opportunities in your career. If your chosen property or apartment does not have a Vastu-compliant entrance, you can still buy the property and apply certain simple Vastu remedies.

Vastu compliant room direction

The correct location for a room, ensures that you benefit the most from that room. Each room has a positive or negative effect, on the lives of inhabitants of the house, depending on the zone in which it is located.

For instance, a living room in the east zone, is ideal for developing and strengthening social connections. On the other hand, a bedroom between the east and south-east should be avoided as per Vastu. Sleeping in these zones, results in increased anxiety and disagreements with one’s spouse.

One should avoid building a toilet between the north and the north-east zones in the house. It can severely affect the immunity and health of the members of the family living in the house. For kitchens, the south-east is an ideal zone. One should avoid having a kitchen in the north-east and south-west zones.

Panchtattava or the analysis of the five elements

A living space is divided into 16 zones or directions in space. Each zone has a corresponding main element that affects different aspects of our life. For example, the north zone has water as the main element. The main attributes of this zone are wealth, growth, career, monetary gains, etc. Consequently, any imbalance in this zone, has a direct impact on the career, business and monetary health of the inhabitants.

Similarly, fire is the main element of the south zone. The main attributes of the south zone are sleep and relaxation.

While purchasing a home, one needs to check the location of different rooms and internal elements that make up the home. These include kitchen, toilets, balcony, slopes, open areas, water tanks, gardens, service lanes, water storage of neighbours, rain water drainage, the building’s height, shafts, etc. It is important to verify that each of the 5 elements or Panchtattava, is present in its respective zone – water in the north, air in the east, fire in the south, earth in the south-west and space in the west.

Modern Vastu and space programming

What if you have already purchased a property or paid the booking amount? In such cases, you can use the fourth check of Vastu – space programming. With modern Vastu applications and techniques, you do not need to deconstruct or demolish your property. Through simple and effective Vastu techniques and remedies, you can balance the elements in a particular zone. The use of colours, shapes, lights, metals and symbols, are highly effective in this regard.

A Home crafted to transcend the boundaries of time. Wreathe with richness, Flora Height’s 3 & 4 BHK Apartments Andheri West will create a historic legacy of its own. Welcome to a lifestyle full of flawless luxury, a home that will delight you with its elite elegance, a comfort that will fill your life with pure divinity. Come, be a part of the most iconic landmark residences of 3 bhk flat in Andheri West,Flora Heights.

Source: https://housing.com/news/vastu-considerations-selecting-new-apartment/

BKC-Eastern Express Highway elevated corridor likely to be ready by July 2019

May 24, 2019 by floraheights  

Update on May 23, 2019: The Mumbai Metropolitan Region Development Authority (MMRDA) launched 6 major girders each, over the Sion rail over-bridge (ROB) and Chunabhatti ROB during the wee hours of May 17-19, 2019 (Friday, Saturday and Sunday). The 52-metre-long 6 girders launched at Sion ROB weighed 480 tonnes and the 60-metre-long 6 girders launched over Chunabhatti ROB weighed 600 tonnes, the agency said, in a statement. The BKC-EEH connector is expected to be launched soon.

March 20, 2019: A team of a hundred people, which included 21 engineers, two railway officials and 80 workers, launched six major girders weighing 80 tonnes each for the much-awaited 1.6-km-long four-lane elevated connector from Bandra-Kurla Complex (BKC) to the Eastern Express Highway (EEH). The heavy-duty activity took place in the wee hours of March 17-19, 2019, during the different blocks allotted by the Railways. This will help the Mumbai Metropolitan Region Development Authority (MMRDA) construct a bridge across the Mithi River and a rail overbridge on the Central Railway near Sion station and another rail overbridge on the Harbour Line, near Chunabhatti station.

“This was a very complex task but great team work was put up by the MMRDA, Railways and contractors, to showcase progress on the project of this magnitude. The Rs 155-crore elevated connector from BKC to EEH is expected to decongest traffic in the Sion-Dharavi area, reduce journey by three km and travel time by 30 minutes, in turn, helping the environment,” said RA Rajeev, metropolitan commissioner, MMRDA.

The 53-metre-long girders were launched in three operations, each comprising two girders at a time. While the first two girders were launched between 1.06 am and 1.34 am on March 17, the next two girders were launched between 2 am and 2.46 am on March 18. The remaining set of two girders were launched between 2.22 am and 3.18 am on March 19, 2019. The launching operations were carried out under the supervision of the consultants recommended by the Railways, M/s RITES Ltd and Railway officials.

A Home crafted to transcend the boundaries of time. Wreathe with richness, Flora Height’s 3 & 4 BHK Apartments Andheri West will create a historic legacy of its own. Welcome to a lifestyle full of flawless luxury, a home that will delight you with its elite elegance, a comfort that will fill your life with pure divinity. Come, be a part of the most iconic landmark residences of 3 bhk flat in Andheri West , Flora Heights.

Source: https://housing.com/news/bkc-eastern-express-highway-elevated-corridor-likely-to-be-ready/

Stamp Duty:Bombay HC Rules Stamp Duty Cannot Be Charged For Past Transactions

May 21, 2019 by floraheights  

The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the past. The scheme proposes to limit the penalty payable on certain transactions to 10% of the deficient stamp duty, instead of the 400% which can be levied in normal course by the government. The scheme applies to all the transactions of sale or transfer of tenancy rights, of residential houses within Maharashtra and is available only for documents that have been executed on or before December 31, 2018. The application, along with the instrument and supporting documents, has to be made within a period of six months from March 1, 2019, i.e., by August 31, 2019, the period up to which the scheme will remain open.
Years ago, when the prices of properties were not so high and stamp duty was not a major source of income for the state government, there were no clear guidelines on the stamp duty payable on the sale of flats in Maharashtra. However, as property prices soared, state governments realised that stamp duty on the sale/transfer of flats, could bring in substantial revenue to the state exchequer. So, the government prescribed the rate of stamp duty payable on transfer of immovable property.
How is stamp duty calculated
Till July 4, 1980, the stamp duty was required to be paid on the basis of the agreement value. However, due to the rampant use of black money in property transactions, the agreement value used to abysmally low, which deprived the state government of its legitimate dues. To overcome this menace, the Maharashtra government introduced the concept of market value for stamp duty, on July 4, 1980, to augment its revenue and plug the leakage of revenue. On March 1, 1990, the government of Maharashtra introduced the ‘ready reckoner’, to help the buyers to find out the cost of stamp duty on the purchase of a property, in case the agreed value was lower than the stamp duty valuation.
For properties that were bought prior to July 4, 1980, where adequate stamp duty was not paid at that time, the stamp duty office has been collecting the differential stamp duty with penalty, with respect to the past transactions of such properties, as and when such properties are transferred and come for registration with the registration authorities of the government of Maharashtra. This action has caused a lot of stress and cost huge money, to the present buyers of such properties.
The Bombay High Court, recently, had an occasion to decide on this issue and has held that the recovery of stamp duty for past transactions at the time of subsequent sale, is not proper. This decision will bring relief to the buyers of old resale properties.
Recovery of stamp duty on past transactions: Gist of the case
A lady named Lajwanti Randhawa had inherited a posh 3,300-sq-ft apartment in Tahnee Heights Cooperative Housing Society at Napean Sea Road in Mumbai, from her father along with other legal heirs. This apartment was bought in 1979 and an agreement was executed on a stamp paper of Rs 10 then. Back then, an agreement for sale could be executed on a stamp paper of Rs five. This agreement was also not registered.
This flat was auctioned for Rs 38 crores, in 2018. When the buyer, Vijay Jindal, approached the registration office for registration of the documents, the collector of stamps refused to register the new sale agreement pursuant to the auction and demanded stamp duty on the chain of agreements, contending that it was not adequately stamped. The stamp duty alone was around Rs two crores, on the basis of the present ready reckoner rates. As the property was bought through a court receiver auction, the buyer approached the Bombay High Court, to direct the sellers to bear the liability on past stamp duty, as one of the sellers had refused to bear the cost.
Bombay HC decision on the retrospective applicability of stamp duty on past transactions
While deciding the dispute, justice Gautam Patel, took an out-of-the-box stand and held that the stamp duty authorities had no right to collect the stamp duty, for inadequately stamped past documents of any property, at the time of registration of its subsequent sale. Patel observed that the stamp duty was payable with respect to an instrument and not with respect to a transaction, as per the provisions of the Indian Stamp Act.
He also held that stamp duty cannot be recovered at the present rate, with respect to past instruments which were executed at a time when the instrument was not liable for stamp duty, as these documents could not be treated as ‘unstamped’ or ‘inadequately stamped’ at the relevant time. He also observed that as there were no clear cut provisions in the law, about the recovery of stamp duty retrospectively, the stamp duty authorities have no authority to insist on payment of stamp duty on such past instruments that formed part of the chain of documents.
The court also observed that even if the instrument was subject to stamp duty, the rate to be applied would be the rate at which the relevant document was to be stamped and in no case can the same be required to be stamped at current stamp duty rates.
Present buyer not liable to pay stamp duty on past transactions
This decision has brought clarity and will help the buyers of old flats on which adequate stamp duty was not paid in the past. This will benefit lakhs of flat buyers while buying old properties, as there are many properties on which adequate duty was not paid at the time of their purchase.
If one reads the decision carefully, one will find that even in case the old instrument was executed when stamp duty was payable but was not paid, the present buyer cannot be burned with the additional cost of stamp duty, for old ‘unstamped’ or ‘not adequately stamped’ deals.
This decision has also clarified that the arrears of stamp duty, even if is required to be paid, has to be paid with respect to the rate applicable at the time of execution of the old document and not at the rates applicable at the time of its subsequent sale. So, effectively, the stamp duty authorities cannot refuse to register the agreement for properties being purchased now under resale, even in cases where the earlier instrument/agreement was unregistered or not properly or insufficiently stamped as per the prevailing rate at the relevant time.

We believe that luxury is a craft only mastered by a selected few and offered only to the exclusive. Flora Heights is truly the epitome of luxurious living spaces and House in andheri west . And that too, in the heart of the city, the neo – modern hub of Lokhandwala.
A Home crafted to transcend the boundaries of time. Wreathe with richness, Flora Height’s 3 & 4 BHK Apartments Andheri West will create a historic legacy of its own. Welcome to a lifestyle full of flawless luxury, a home that will delight you with its elite elegance, a comfort that will fill your life with pure divinity. Come, be a part of the most iconic landmark residences of 3 bhk flat in Andheri West , Flora Heights.
Source – https://housing.com/news/stamp-duty-bombay-hc-rules-stamp-duty-cannot-charged-past-transactions/

Investment Tips: How To Buy A Home That Delivers Long-Term ROI

May 14, 2019 by floraheights  

With the Real Estate (Regulation and Development) Act (RERA) coming into force, as well as various other policy initiatives such as the Benami Transactions Act and the government’s push to affordable housing, we are seeing increased activity in the residential property market in the larger cities. After the dampener of demonetisation in 2016, the positive buyer sentiment visible now is especially significant. Consequently, builders are determined to capitalise on it, via increased marketing efforts. Given that there is already a lot of supply in the residential market – a lot of it for ready possession – fresh launches have been curtailed, so that the existing inventory can be absorbed. Much of the intensified marketing efforts are centered around special deals and offers.
How to ascertain the real value of a home
While this may be advantageous for property buyers, they should be judicious while evaluating offers and schemes and base their purchase decisions solely on the real value of the home. Freebies such as gold, cars and household goods, have an undeniable attraction but they are fundamentally frivolous in nature and do not add to the value of the home.
The price of a home is obviously an important consideration for middle-class property buyers. However, the strategy of looking for the cheapest options on the market, does not make much sense because it is quality that determines value. In the case of residential property, the quality of an offering depends on three aspects:
The quality of the location.
The brand value of the builder.
The availability and quality of facilities and amenities in the project and in individual 
The importance of location in a property’s value
Central locations are traditionally the costliest, as they offer great access to many important parts of the city , such as the CBD (central business district) and SBD (secondary business district). These areas tend to host the offices of high-profile companies and offer a vast cross-section of jobs, from highly-paid management to more modestly-paid support staff jobs. Even the second category of jobs is attractive, because the growth prospects in high-profile companies, are usually very good. This is what makes living in central locations very desirable and from a real estate pricing perspective, very expensive.
In India, this mantra held true for a very long time, until the advent of the infotech culture. The IT/ITeS industry, tends to offer very good salary packages but is not focused on high-value locations. Quite to the contrary, such firms prefer to set up shop in peripheral locations, so as to save on the real estate costs. As a result, many cities’ outskirts have become very desirable places for home buyers and they are far less expensive.
For IT professionals and industrial employees, as well as property investors, buying a home in a peripheral location that connects to an IT hub and/or manufacturing belt, makes perfect sense. Unfortunately, such locations attract all kinds of developers – from those who have a reputation for creating true lifestyle value offerings, to those who specialise in constricted, ‘pigeon-hole’ homes. This is where the brand value of a developer plays a significant role.

We believe that luxury is a craft only mastered by a selected few and offered only to the exclusive. Flora Heights is truly the epitome of luxurious living spaces and House in andheri west . And that too, in the heart of the city, the neo – modern hub of Lokhandwala.
A Home crafted to transcend the boundaries of time. Wreathe with richness, Flora Height’s 3 & 4 BHK Apartments Andheri West will create a historic legacy of its own. Welcome to a lifestyle full of flawless luxury, a home that will delight you with its elite elegance, a comfort that will fill your life with pure divinity. Come, be a part of the most iconic landmark residences of 3 bhk flat in Andheri West , Flora Heights.

Source- https://housing.com/news/investment-tips-buy-home-delivers-loProperty in andheri west

MMRDA To Strengthen 21 FOBs On Eastern And Western Express Highways In Mumbai

May 9, 2019 by floraheights  

 

The Mumbai Metropolitan Region Development Authority’s (MMRDA’s) commissioner RA Rajeev, has ordered the removal of roofs from all 21 foot over-bridges (FOBs) on the Eastern Express Highway (EEH) and Western Express Highway (WEH), in order to strengthen them. “The roofs of FOBs, firstly, look very shabby and also weaken the structure, owing to their weight. I have also insisted that there are no advertising boards on the FOBs. This will lighten the load on the FOBs further and they will serve pedestrians longer,” said Rajeev. “We will also paint the FOBs white and grey, to maintain the aesthetic values around,” he added.

While the MMRDA is carrying out the structural audit of eight FOBs on the WEH through VJTI, Mumbai, and will undertake the same for 13 FOBs on the EEH, the observations made by the metropolitan commissioner are considered pertinent, as far as the longevity of the FOBs are concerned. The commissioner also ordered speedy provision of various signages on the WEH and EEH, while the structural stability of existing signages would also be checked. “We will also undertake beautification of the median and spaces below the flyovers on these highways,” Rajeev added.

We believe that luxury is a craft only mastered by a selected few and offered only to the exclusive. Flora Heights is truly the epitome of luxurious living spaces and House in andheri west . And that too, in the heart of the city, the neo – modern hub of Lokhandwala.
A Home crafted to transcend the boundaries of time. Wreathe with richness, Flora Height’s 3 & 4 BHK Apartments Andheri West will create a historic legacy of its own. Welcome to a lifestyle full of flawless luxury, a home that will delight you with its elite elegance, a comfort that will fill your life with pure divinity. Come, be a part of the most iconic landmark residences of 3 bhk flat in Andheri West , Flora Heights.

Source- https://housing.com/news/mmrda-to-strengthen-21-fobs-on-eastern-and-western-express-highways-in-mumbai/