Wednesday, 24 June 2020

Dosti Realty Assists a Potential Buyers Dream of Owning a Home Through Its Own Mission Begin Again Campaign Offer

•  Benefit of additional discount of 0.5 % on online bookings•  Dosti Sales offices re-opened from 8th June 2020



Mission Begin Again Campaign Offer by Dosti Realty

Dosti Realty a well-known real estate brand which has delivered around 10 mn.sq.ft. across the Mumbai Metropolitan Region over the past 3 decades has now reopened their site offices and have a special “Mission Begin Again” Offer for potential homebuyers. 

While abiding by the rules and regulations laid down by the government under the Unlock 1.0, Dosti Realty has reopened its sales offices from 8th June 2020. Inspired by the mission to begin again, it now brings its own “Mission Begin Again” Offer with an aim to extend a line of security by building trust and confidence amongst potential homebuyers. This limited period offer which will end on 13th July 2020 encourages serious home buyers the chance to own their dream home and avail some additional benefits. Also promoting the use of digitization in home buying there is also an additional 0.5% discount being offered to customers who book online. This additional discount makes it even more enticing for homebuyers without the need for them to step out due to the availability of digital modes being made available by Dosti Realty.

In the project Dosti Belleza which is located in Parel in the heart of Mumbai, one can avail gold worth up to INR 12 Lakhs plus a no stamp duty and registration charges benefit when purchasing a spacious 2 BHK or 3 BHK home. This premium lifestyle address is specially crafted for those looking for a spacious home in the heart of the city with a host of amenities. The project is also bestowed with the benefit of excellent connectivity with well-established social and civic infrastructure right at its doorstep. 

Within the Thane (W) region, there are 2 projects that are part of this “Mission Begin Again” Offer namely Dosti West County located at Balkum and Dosti Desire – Dosti Pearl located Off Ghodbunder Road. 

Dosti West County inspires Modern Day County Living with 2 & 3 BHK apartments of varying sizes, so there is something for everyone as per their budget. The project offers large open spaces and amenities that include a Merlion Zone, kids play areas, cycling track and jogging path, Olympic size swimming pool, gymnasium, squash courts, badminton courts, chess, carrom, pool/snooker room as well as facilities like crèche/ toddlers play area, cafeteria and library and more. Here, potential homebuyers can avail a 2 Year Rental from date of Booking offer as well as a No Stamp Duty and Registration charges benefit. 

While in Dosti Desire – Dosti Pearl the offering includes a one-year rental from the date of booking coupled with no stamp duty and registration charges benefit for those that wish to purchase a 3 BHK Home. Dosti Desire - Dosti Pearl is a perfectly designed lifestyle with a grand clubhouse where the city's hustle-bustle meets the tranquillity of green spaces. There is also a 25 acre proposed Public Park by TMC just opposite Dosti Pearl. 

The final project under the “Mission Begin Again” Offer by Dosti Realty is for Dosti Planet North at Shil Thane which comprises 1 BHK, 2 BHK, and 3 BHK homes. Here homebuyers can avail a No Stamp duty benefit when they purchase an apartment. Dosti Planet North – Phase 1 is already home to 1100 + customers. The project includes a host of outdoor amenities spread across, a luxurious private clubhouse - Dosti Club Royale* adjacent to the project, and the presence of retail shops within the complex making it easier for residents to avail of their daily requirements. The Dosti Foundation ICSE School located adjacent to the Dosti Planet North also offers residents the option of availing an excellent education in a conducive environment.

Commenting on the campaign, Mr. Deepak Goradia- Vice Chairman and Managing Director, Dosti Realty, says, “Owning a home is not just about having a shelter for life; it's also the foundation of financial security and emotional well-being. Real estate is probably the only imperishable asset that brings you assured values even in fluctuating economic situations. There is no good or bad time to do it; it's always the right time. Keeping in mind the current situation, we wanted to aid serious home buyers in fulfilling their dream of owning a home, so we have additional benefits for this limited period. Also, we want to encourage the use of the digital medium and have therefore also added a 0.5% discount for any online booking. We have tried to ensure that all safety measures are implemented across our sites like social distancing, mandatory masks, temperature scans, frequent sanitization, etc with respect to our employees as well as for those families who wish to visit the property before making a booking. Our team will do their best to ensure that a potential home buyer will fulfill their dream of owning a home.”

Dosti West County - Dosti Oak project is registered with MahaRERA under registration No. P51700006565 & Dosti West County - Phase 2 - Dosti Cedar project is registered with MahaRERA under registration No. P51700015258 & Dosti West County - Phase 3 - Dosti Westwood project is registered with MahaRERA under registration No. P51700015501, Dosti Desire-Dosti Pearl project is registered with MahaRERA under registration No. P51700005623 Dosti Belleza project has been registered under MahaRERA Registration Number: P51900015989, Dosti Planet North - Phase 2 - Dosti Jade is registered with MahaRERA under the registration number: P51700018165, Dosti Planet North - Phase 3 - Dosti Onyx is registered with MahaRERA under the registration number: P51700020162 & Dosti Planet North - Phase 4 - Dosti Opal is registered with MahaRERA under the registration number: P51700021576 and are available on website https://maharerait.mahaonline.gov.in under registered projects. Please note that the sale/lease of all premises in these projects shall be governed by an agreement for sale/lease. T & C Apply.

About Dosti Realty
Dosti Realty has been in the real estate business for over 3 decades and delivered more than 117 properties till date, providing homes to over 8,600+ families for over 42,700 residents. Encompassing a portfolio of having delivered 10 mn. sq. ft. and currently constructing 6 mn. sq. ft. across Mumbai and Thane, the company has experience in various development types, be it Residential, Retail, IT Parks, etc. Over the years, it has been known for Aesthetics, Innovation, Quality, Timely Delivery, Trust and Transparency, values that have built lasting relationships. 


Real Estate News Bureau

Saturday, 23 May 2020

MyGate Launches Lifetime Free Plan to Help Housing Societies Cope With Post-Lockdown Realities

Available pan-India, the new offering will enable societies to go completely digital in two hours



MyGate, India’s leading community management solution, has launched a lifetime free plan to enable housing societies to go digital, in an attempt to help them manage their premises in a safe and secure manner. The plan is being made available free of charge and can be implemented for any housing society in India within two hours. The MyGate platform is currently in use at 1.6 million homes across 7500+ societies in the country.
 
Abhishek Kumar, COO  & Co-founder, MyGate, says, “Ever since the pandemic hit India, MyGate has been relentless in its attempts to assist its client base with new features and partnerships. This has significantly eased life in the lockdown for our communities and we believe that it will remain so for a long time to come. We are now looking to pass on the benefits of what we have created to all housing societies anywhere in India and are glad to be able to do it absolutely free of cost.”

The MyGate app helps go contactless by minimising the need for in-person interactions. Its features include a comprehensive module for financial management, ensuring accounting and payments are completely online; a range of digital communication tools, including forums, opinion polls, meeting invites and a resident directory, to make interactions contactless; a module for management of society complaints.
 
MyGate has also inked a number of exclusive partnerships with players across categories to deliver benefits to housing society residents. It has tied up with companies such as ITC Limited, Grofers, Box8 and StoreSe for preferential delivery and special discounts on retail products; its app also hosts several major newspapers and magazines, including Deccan Chronicle, The Daily Guardian, Dainik Jagran, Outlook and Mid-Day. MyGate has also tied up with MedLife and mfine for discounted delivery of medicines, lab tests and medical consultations to the home.
 
Many of these features and partnerships were built for lockdown but will remain extremely relevant in the post-COVID world as well. The company is not only committed to offering these features after the lockdown but confirms that they will remain free. Furthermore, as it can be deployed remotely, MyGate is seeing tremendous interest from societies in tier-2 and -3 cities, making the company a pan-India player.
 
Nibir Dasgupta, Ruchira Residency, Kolkata, says, “We are glad to have a strong partner like MyGate on our side during these challenging times. The express delivery programme with Grofers has been a huge help, at a time when getting orders delivered has been so difficult. Our residents are also happy to receive copies of major dailies within the MyGate App.”
 
Since its launch in 2016, MyGate has been building technology to enhance security and convenience for residents in gated premises. It now has over 1.6 million homes on its platform across 7500 societies and has tie-ups with every major developer in the country. It was named one of India’s most innovative start-ups by Inc 42 in 2018 and one of India’s coolest start-ups by Business Today in 2019. MyGate was founded by Vijay Arisetty, an ex- IAF pilot (Shaurya Chakra awardee), Abhishek K, former VP at Goldman Sachs, and Shreyans Daga, former project head at Oracle and Digit. For more information, please see http://www.mygate.com/


Real Estate News Bureau

Wednesday, 20 May 2020

India’s forthcoming DIY-Marketing Platform ‘InstaaPR’ announces Knowledge Sessions to decode Opportunities in the New Era


Business Leaders collaborate to boost the Start-ups, MSMEs and Entrepreneurs community.

InstaaPR, India’s forthcoming, no-touch, DIY-cost-effective marketing platform is organising an informative webinar on “How to redefine your sales strategies for the new era”. The webinar is intended to support small and medium enterprises to cope with the pandemic struck economy and keep the business cycles going. 

COVID-19 has altered the way companies operate, employees work & interact with customers and the external world. Moreover, the sales and marketing functions have also come to a standstill. The webinar will focus on these two areas as enterprises were impelled to explore effective ways of continuing their operations.

Taking the lead on this webinar, Sanjay Kher, President & Chief Business Officer, Oceanic Consulting will augment the sales and marketing processes to boost sales in these trying times. 

Moderating the session will be Rachana Chowdhary, CEO, InstaaPR, who will help deep dive the discussions through and help demystify information for immediate business use. “InstaaPR Webinars aims to deliberate upon the very basics of business and life, ground realities. We aim to make our participants feel enlightened and empowered after every session. We have observed that information overload and complex business processes as a way of the busy corporate infrastructure, is often restricting people’s thinking skills and creativity. We aim to deliberate upon the very basics with our participants, to thrive in the new normal.”

Sanjay Kher, President & Chief Business Officer, Oceanic Consulting says, “Times are tough, and businesses are struggling with finding the new normal in sales and marketing departments. With companies losing business, it's the right time to adopt an aggressive sales and marketing strategy and rebuild confidence in business.”


“In this webinar, we will not only discuss expert strategies to boost sales but also decode, some of them immediately available opportunities for the MSMEs, Start-ups, SMEs to benefit.”

Finding alternative sales strategies is of paramount importance in these trying times. Enterprises should think lateral and reinvest their resources in curating new sales and marketing tactics. This also is a great time to engage with existing clients and be truly invested in their success.


The webinar session is scheduled for May 21st, 2020 Thursday from 12 PM to 1 PM. 


To learn more about the partnerships, alliances with InstaaPR – DIY Marketing Platform, please write to support@instaapr.live


About Oceanic Consulting Group
Oceanic Consulting Group is a boutique consulting firm offering offer sales, marketing & growth advisory to SMEs & startup’s.  It offers advisory from a Single-Attribute Improvement to a 360-Degree Analysis of firm’s Sales & Business Performance". www.oceanic-group.net


About InstaaPR
InstaaPR is a premium automated digital & social news publishing platform, where we revolutionize the way PR functions. We provide you with an effective and efficient online reach to increase your online presence. www.instaapr.live

Tuesday, 19 May 2020

All about joint ownership of a property


The notion of joint ownership of property is picking up traction off late in the country with both the government and loan providers offering numerous incentives in a joint purchase of the property. The tax deductions applicable in availing a joint home loan are also making it an attractive bet for home seekers.

In this article,  we will zero in on some important points for buyers to reap the maximum benefits of a joint property purchase-:


Home loan

It is important to understand that when applying for a home loan regarding a joint property both the buyers have to apply for the loan. Things tend to get a bit hazy as the loan is likely to be rejected if one of the owners fails to meet the benchmarks set by the bank to avail the loan, like a low CIBIL score. Also if the other owner falls into the category of a blood relative like mother and son, it is vital to go through the eligibility norms and procedures for availing a joint home loan.

Tax benefits

As per the norms of the income-tax act, a maximum tax deduction of INR 1.5 lakh on the principal amount and INR 2 lakh deduction on interest, is available for each of the owners in a joint property home loan. Also if a family is solely dependent on a single earning individual, then it is advisable to refrain from a joint property purchase and go with single ownership of the property.

Avoid a co-owner without a regular income
Bearing the burden of a home loan for a non-earning wife will prove to be a nightmare for her, in case you meet with any unforeseen circumstances. It can also attract a lot of legal implications for the spouse or any other non earning co-owner.

Home loan protection scheme
It is important to understand that while both the co-owners may avail the home loan protection plan, the insurance authority will only pay for the loan amount of the departed and not for the entire loan. Term insurance comes as a better option in this regard and should be availed according to the proportion of the ownership of the property.


While joint ownership of a property does include certain benefits, it is also a complex transaction with numerous hidden clauses. It is advisable for the buyers to go for a joint property purchase only after evaluating the monetary benefits in detail which they will fetch from the purchase.

Sunday, 17 May 2020

Madras Security Printers Provides IoT-based COVID War Room for Mangaluru Smart City



The Chennai-based Madras Security Printers (MSP), a leading Smart City solutions company, has been implementing the COVID War Room for Mangalore Smart City, enabling the administrators to fight the battle against the COVID-19 pandemic with cutting-edge IT, IoT, and analytics tools. 

Originally setup by MSP as an Integrated Command and Control Centre (ICCC) for the administration of Mangaluru Smart City, a year ago, the advanced IT infrastructure, is being used as the central point for monitoring quarantine, managing field force from various government departments, tracking the movement of people using Geographic Information System, real time and predictive analytics, and telemedicine, among others. 

Commenting about the smart pandemic operations, Mr. Arul Prathan, Director, MSP, said that the company set up the ICCC for Mangaluru Smart City in 2019 and has been under the contract to support various administrative operations related to healthcare, traffic, solid waste management, among others. With the outbreak of Corona, the Dakshina Kannada District Administration has entrusted us with the mandate to convert ICCC into COVID War Room. 
The smart infrastructure is used for developing predictive analytics using heat maps and taking action in monitoring the movements of people (by collecting data using GPS, RFID, and Wi-Fi from mobile devices and RFID tags) as well as the periodic health status of suspected cases. 

Telemedicine services are provided using a dedicated Call Centre with a helpline number for monitoring and advising the citizens under self-quarantine. The solution also helps in monitoring, collecting, consolidating, and reporting real-time data on the pandemic. 

As the COVID War Room coordinates multi-departmental activities, it has turned into a base for professionals and first respondents from Mangaluru Corporation, police and doctors to take calls from citizens and provide information. 
MSP is a 42-year old company specializing in e-governance solutions, IT & ICT based solution, smart card solutions, identity management, biometric solutions, data center & and high security printing. In addition to Mangaluru, the company currently provides Smart City solutions to few more cities in India, Nepal, and Kenya. Among the major operations that run on MSP’s infrastructure include solid waste management; bus transport; monitoring air quality and environment, disaster management; emergency response, and surveillance. 

For details, contact: bdm3@madrassecurityprinters.com


Real Estate News Bureau

Friday, 15 May 2020

How innovative startups are disrupting the real estate sector



Gone are the days when property hunters in the country had to encounter the exhaustive process of running from pillar to post, to secure a relevant property unit, matching their budgetary and investment requirements. With rapid advancements in the country’s Information and Communication Technology (ICT) sector, mobile devices have no longer remained a mere communication tool, but are also facilitating the consumers in their day to day activities, with real estate purchases not being an exception.

The concept of purchasing property online has further received a push with the mushrooming growth of tech-savvy real estate startups, leveraging innovative strategies centred on a buyer first approach. These startups offer an end to end support to property buyers, straight from locating the most suitable option, to helping them with the transaction process involved.

A win-win proposition
The commencement of this new era in the country’s most vital sector has not only raise hopes among potential buyers eying their dream homes, but also among the property owners and developers, with these startups ensuring that millions of buyers across every nook and corner of the country have online access to their offerings.

Buyers, on the other hand, can instantly access a huge compilation of properties from credible developers and owners, eliminating the space for brokers who at times resort to misleading buyers. With features such as detailed location descriptions, high-resolution property pictures, filtered search and even virtual reality offered by these young organizations, gaining insights about a particular unit is now a cakewalk for consumers.

Many of these startups have now also forayed into the hospitality sector, providing detailed information related to the availability of accommodation options to travellers on the go, with huge discounts and offers.

Discounts and freebies
Almost all of these startups have exclusive tie-ups with developers and builders to offer a plethora of attractive discounts and free furnishings. The numbers of such offers rise significantly during festive seasons pushing the number of sales during the time period.

Head to head comparisons
Many real estate portals offer the provision of reviewing two projects by a similar builder to help buyers procure the most suitable property option, aligning with the majority of their requirements. It also helps buyers to negotiate regarding the pricing of property, reaching the same developer via different realty based startups.

Project rankings
Most of us prefer to get a grasp on consumer feedback before buying a product and real estate projects are no exception. A number of real estate portals are banking on this concept via providing a platform to property buyers to register their reviews and ratings related to a project. Buyers are advised to go through the reviews and feedback of a project on different portals before making an investment move.

Propelling the rental market
With urban migration growing leaps and bounds in the country, property renting has emerged as a major fragment of the sector as most of these migrants do not have the purchasing capacity to own a house. Real Estate startups have come as a boon to this consumer segment, offering numerous property options available for lease in the desired locations of consumers, bypassing the role of brokers who charge a hefty commission for facilitating a property lease.


A Beginner's guide for a home buyer




Purchasing the first property comes as one of the calculated investment decisions in a buyer’s life, involving a sizable chunk of a buyer’s savings as well as a tedious process of identifying the most relevant promising property.

If you have finally made up your mind to transit from being a tenant to becoming a proud homeowner, then here are some useful tips which you should consider before pouring your hard earned money in your first property investment.

To begin with, conduct a thorough research on the localities where you would like to purchase your residence. Also consider a head to head comparison of different deals to pick the most suitable property option, meeting your budget requirements. It is also important to remember that while consulting a real estate agent or broker may ease the process of gaining the market rate, sales in the area, price appreciation etc., they should not be blindly trusted.

Also it is viable to examine numerous property investment options to broaden your chances of
purchasing a property with a potential for high returns. Another important aspect which comes into the picture while buying your first flat is the social and civic infrastructure of the locality. A property unit with social facilities including schools, hospitals, shopping centres, parks, gymnasiums etc certainly have a higher chance of price appreciation and can help you live a comfortable life.

Figuring out the age of the property also comes as an important aspect of the purchase process as properties after a certain duration demand maintenance and in many cases require replacements of amenities.

Ensuring that all proper security measures are in place and functioning is also critical as no buyer wants to witness the nightmare of a security intrusion.

Ventilation and car parking
It is important to ensure that your property unit has sufficient access to sunlight and ventilation with proper balconies in place as no one wants to own a property which is obstructed with other buildings or is poorly ventilated.

Inquiring about the necessity and pricing of the maintenance charges involved with the unit will help you gain a clear picture of the actual pricing of property. Also do inquire about what is
included in the maintenance.

With the soaring scarcity of parking spaces in the major urban centers of the country, it is important to extensively inquire about parking facilities associated with the property. Since in many cases, parking slots incur additional costs, talking to the society members will fetch you a clear understanding of the parking related scenario in the locality.

Challenges associated with affordable housing




While building affordable residential units as part of the union government’s ‘Housing for all Scheme’ has been the talk of the town off late, We list out some of the key challenges diluting this ambitious initiative in the country-:

Land pool availability
A lack of significant chunks of affordable land for large scale construction in urban localities is one among the primary challenges upfront the initiative. While many affordable residential projects have mushroomed in the outskirts of major cities, the absence of an efficient, quality public transport to reduce commuting time, continues to hinder their sales.

Low literacy
The low income segment often face countless difficulties in proving their credit worthiness to avail a home loan as they are unable to furnish a document of their household income. Special training programs to make this segment aware of the financial processes involved in securing a home as well as providing them with financial assistance come as the need of the hour to resolve this challenge.

Unplanned development
The cities of the country have swelled in an extremely unplanned and jumbled manner due to rapid migration to urban regions which has further mounted in recent years due to centralization of economic and employment opportunities.

While the escalating pressure from the booming population has concluded in construction of high rise structures, this has also led to emergence of other issues like lack of civic infrastructure including parking spaces, parks etc. In such a scenario providing these amenities at minimal costs to the economically weaker section of the society comes as a mammoth task.

Availability of cheap raw materials
Construction of affordable houses on a gigantic scale will involve abundance of construction related raw materials at cheaper prices. With the real estate sector witnessing a consistent rise in the prices of construction materials, developing affordable townships will be a tough nut to crack for the 
developers.

An affordable house seeker eyes a significant value proposition, given the budget constraints and inability to avail credit, purchasing a home comes as the biggest investment decision of lifetime for the low income segment. In such a scenario a well constructed unit with thoughtfully planned amenities including proper sanitation, easy connectivity, uninterrupted power and water supply etc. truly comes as a value for money proposition for a buyer in this segment.

There is no doubt that India being home to millions of homeless individuals possesses tremendous opportunities in the affordable housing domain. Since a large number of country based developers are only focused on targeting the middle and high income segment, a collective effort by both real estate developers and civic authorities is the need of the hour to tackle these challenges and accomplish this noble initiative.