Mrs. Reshma Hajite Director – Sales & Marketing Excellence Shelters Pvt. Ltd. Interview On Akashwani 101 On “Plot Che Pardarshi Vyavhar” Will Be Broadcasted Every Monday 10:30 Am And Friday 9:30 Am.

Here Is The English Transcript Of Eighth Episode On “How To Choose Plot Numbers In GAT And Survey Number, Should I Buy Plot In City Limit?”

For The Guidance On Transparent Land Dealings Kindly Contact Excellence Shelters Pvt. Ltd’s Mrs. Reshma Hajite – +91-8308816587

Buying An Agricultural Land Which Is Survey No. And Around 3000 Sq. Ft. In City Limits….
It Is Very Important To Know That To Buy An Agricultural Land You Need To Have The Agricultural 7/12 On Your Name That Is You Should Be An Owner Of An Agricultural Land Already When You Plan To Buy New One. In Survey No If The Area Is 3000 Sq. Ft. You Do Get 7/12 On Your Name And Hence Own The Land If The Previous Owner Holds A 7/12 Document On His Name. Another Very Important Aspect That Needs To Be Kept In Mind Is The Actual Purpose Of The Purchase. You Can Only Use This Land For The Cultivation Purpose, So If You Are Buying It In The City Limits And Wish You To Build On It In The Future It Is Not Going To Serve The Purpose As To Construct You Need A NA Land Or A Land That Is In R Zone And Hence It Contradicts Your Purpose Of Investment. It Is Also Not Advisable To Rely On The Terms Like Proposed NA Or Proposed R Zone As There Is No Time As To When Will It Get Converted So The Actual Status Of The Land As Of Today Stands As Agricultural Land. Also The Cost That You Pay For The Same Is Mostly The Future Projected Cost Of The Land Which Also Leads To Losses.

Some More Details On 7/12 And Buying Land Which Is In Gat No. And Is Around 11000 Sq Ft. (11 Gunthe)….
Mostly Agricultural Land Is Bought With An Area Of 1 Acre. On The 7/12 There Is A Column Called Akarni (assessment) Which Is The Assessment Of The Land And If It Is More Than Rs.1 Then You Can Buy The Land And Get The Sale Deed Done With Your Individual 7/12 Only If You Have An Agricultural 7/12 On Your Name. If The Akarni Is Less Than Rs.1 Then You Have Take The Sale Deed For Minimum 1 Acre And You Even Get The 7/12 Also Of 1 Acre. Generally What Happens Is People Buy These 11 Guntha Plots But The Akarni Is Less Than Rs. 1 And Then These Cases They Do Not Get The 7/12 On Their Name. Also They Buy Such Big Plots Thinking That They Construct Home Later On It But Legally They Cannot Construct On An Agricultural Land.

According To The Hindu Succession Act 1956 Section 8 A Combine 7/12 Can Happen Only With The Heirs Of Class I Section As According To The Segmentation Act There Can Be Only 2 People On A Combine 7/12. But People Have Miss Used It And At Times There Are Names 3 To 4 People On The 7/12 And The Land Is Divided Between Them. However The Government Has Strictly Prohibited The Sanctions Of Such 7/12s And That Is The Reason The 7/12s Are Not Being Released Easily Now A Days. There Is Also A Web Site Called Mahabhulekh And You Can Check You 7/12s There And Those Who Had Issued Their 7/12s Earlier Can Check The Updated Status Of It On This Site By Putting The Gat No. Or The Survey No. If Your Name Is There On The 7/12 Then You Are The Owner If Not Then The Previous Owner Still Owns That Land.

For More Details About Real Estate Investment In Residential NA Plots
Give A Missed Call On +91 74472 95005
Call: +91 88883 55559 | Email: Enquiry@excellenceshelters.com | www.excellenceshelters.com

Mrs. Reshma Hajite Director – Sales & Marketing Excellence Shelters Pvt. Ltd. Interview On Akashwani 101 On “Plot Che Pardarshi Vyavhar” Will Be Broadcasted Every Monday 10:30 Am And Friday 9:30 Am.

Here Is The English Transcript Of Sixth Episode On “Importance Of Town Planning And RERA Act.”

For The Guidance On Transparent Land Dealings Kindly Contact Excellence Shelters Pvt. Ltd’s Mrs. Reshma Hajite – +91-8308816587

Anchor: Greetings To All Our Listeners. I Welcome You All Once Again For Our Brand New Episode Of “Transparent And Clear Plot Transactions”, Presented By Excellence Shelters Pvt. Ltd.

To Discuss And Guide Us About All The Land Dealings We Have With Us One Of The Directors Of Excellence Shelters Mrs. Reshma Hajite.

Anchor: Greetings Madam

Reshma: Greetings

Anchor: We Have Received A Lot Of Queries Regarding The Dealings Of Plots And Their Rules And Regulations. The First Questions Is From Mr. Vijay Kengde, He Would Like To Know What Is Town Planning That Is Recently Been Made Compulsory By The Government And Some Details About It And Why Is It Necessary.

Reshma: Vijayji Town Planning Is The Layout Which Has All The Long Term Future Development Also Considered In It. Like When We Invest In A Non Agricultural Land Even If It Is As Small As 5 Acres We Have To Leave Amenity Spaces In It Taking In Consideration The Future Development Of The Area Such As Highways, Airports And Considering That The Sizes For The Roads, Space For Kids To Play Or Any Commercial Development As Well. The Reason It Is Made Compulsory Now Is Because In The Past All These Things We Not Taken In Consideration Resulting In Congested Cities. So When We Get A Town Planning Approval The Future Development Of At Least 50 Years Is Taken In Consideration.

Anchor: The Next Question Is From Mr. Mukund Nanavati From Pune. He Would Like To Know About The RERA Bill And The Pro And Cons Of It To The Buyers As Well As The Sellers.

Reshma: RERA Means Real Estate Regulator Authority. This Will Be The Regulatory Authority That Will Have To Approve All The Real Estate Projects Whether Be It Construction Or Plotting. With The N/A Approvals, Town Planning Approval And Other Construction Approvals Now It Is Necessary To Get RERA Approval As Well. So Now Without The RERA Approval No Project Can Be Launched In The Market Officially Which Will Also Put On Impact On The Pre-launch Or Pre-booking As It Will Not Be Allowed To Do So. This Real Estate Authority Bill Has Been In Place Since March And The Forming Of The Authority Is Taking Place Now. This Will Also Help In Building The Transparency As All The Builders And Developers Will Have To Display The Actual Status Of The Projects Including The Current Rate Of The Project, Number Of Plots Or Flats Sold Till Date On Their Website Which Will Help The Buyer To Understand The Project On One Platform. And The Most Important Fact That Will Bring Transparency Is That The Builders Or Developers Will Have To Give The Development Commitments Of The Authority. And If The Commitment If Not Fulfilled The Builder Will Be Fined. Similarly The Buyers Will Also Have To Abide By The Commitment That Is Given By Them As They Have To Do The Payments According To The Payment Schedule And At Times Even They Default In The Payments And A Fine Will Be Applied To Them As Well By The Authority. Hence This ACT Safeguards Both Of Them The Buyer As Well As The Seller.

Anchor: Ma’am Thank You For The Valuable Information On The New Updates Of The Real Estate Industry. And To Our Listeners We Will Like To Sign Off Today Due To The Lack Of Time.

Reshma: Thank You So Much. All The Information Is According To Understanding And Experience And For More Details You Can Also Take Advice From Your Consultants.

Anchor: For Any Details And Queries Do Call, Message Or What’s App Us On 8308816587.

For More Details About Real Estate Investment In Residential NA Plots
Give A Missed Call On +91 74472 95005
Call: +91 88883 55559 | Email: Enquiry@excellenceshelters.com | www.excellenceshelters.com

Mrs. Reshma Hajite Director – Sales & Marketing Excellence Shelters Pvt. Ltd. Interview On Akashwani 101 On “Plot Che Pardarshi Vyavhar” Will Be Broadcasted Every Monday 10:30 Am And Friday 9:30 Am.

Here Is The Fifth Episode English Transcription On “Projects By Excellence Shelters Pvt. Ltd. In Pune And Shirwal”.

For The Guidance On Transparent Land Dealings Kindly Contact Excellence Shelters Pvt. Ltd’s Mrs. Reshma Hajite – +91-83088 16587.

Anchor: Greetings To All Our Listeners. I Welcome You All Once Again For Our Brand New Episode Of “Transparent And Clear Plot Transactions”, Presented By Excellence Shelters Pvt. Ltd.

To Discuss And Guide Us About All The Land Dealings We Have With Us One Of The Directors Of Excellence Shelters With A Humongous Experience Of More Than 10 Years Mrs. Reshma Hajite.

Anchor: Greetings Madam

Reshma: Greetings

Anchor: We Would Like To Know What All Services Does Excellence Shelters Pvt. Ltd. Provide In Land Dealings?

Reshma: Excellence Shelters Pvt. Ltd Was Established 8 Years Ago In 2008 And We Mainly Deal In Residential Non Agricultural Plots. Residential Means You Can Use That Land To Reside And NA Means Non Agriculture With Clear Legal Titles. Till Date Excellence Shelters Pvt. Ltd Has Successfully Completed 11 Projects And We Have Sold More Than 10 Lakh Sq Ft Of NA Residential Land. Excellence Shelters Pvt. Ltd. Has All The Projects Rated By CRISIL.

Anchor: Mr. Yogesh Mohite Would Like To Know If We Have Any Plots In The Vicinity Of Pune As He Is Interested In Investing And Would Also Like To Know Benefits Of The Investments?

Reshma: Excellence Shelters Is Coming Up With A New Project Nisargashristi In Shirwal. Shirwal Is A MIDC With Rapid Expansion. Around 10 Major MNCs Plant Setups. Secondly Development Of The Mumbai Industrial Corridor That Is In Progress Passes Through Shirwal And Satara MIDCs, Hence There Is Growth From The Industrial Point Of Few. Excellence Shelters’ Plots Are Available On Mumbai Bangalore Highway.

Similarly We Have A Project Namely Purple County In Saswad. This Project Is Also Rated By CRISIL. The Project Is Situated Near The Road That Connects NH4 And Jejuri State Highway. Secondly This Project Is Hardly 20 Mins Away From NIBM Kondhwa Which Has A Possibility That It Will Be Counted As A Part Of The City As The City Limit Develops. This As A High Resale Value As It Is Situated In The Periphery Of About 5 Kms Only. This Is Also Very Close To The Newly Developing Phursungi IT Park. In This Project We Also Provide All The Amenities Like Electricity, Water Facility And All The Plots Are Developed.

Anchor: Dear Listener If You Are Interested In Dealing With These Plots In Shirwal Or Saswad Kindly Feel Free To Call Excellence Shelters Pvt. Ltd’s Mrs. Reshma Hajite On +91- 83088 16587.

Reshma Ma’am You Explained Us The Benefits Of Investing In These Plots, He Would Also Like To Know The Minimum Size Of The Plot That He Needs To Buy Or What The Minimum Plot Size That You Have.

Reshma: The Plots Sizes That We Provide Are From 2100 Sq.ft To 3500sq.ft. Which Are Town Planning Approved.

Anchor: Our Show Is All About The Transparent And Clear Plot Transactions And What Transparency Does Excellence Shelters Follow While Doing Their Deals?

Reshma: As I Had Stated Earlier As Well That All Our Projects Are CRISIL Rated And When It Comes To These Ratings Legal Transparency Is The Most Important Aspect. Secondly All Our Projects Are Residential NA Projects Only And Hence They Are Government Approved And Town Planning Approved, So The Plot Is On The Buyers Name With Their Individual 7/12 Document Officially As Soon As All The Formalities Are Completed. They Can Check The Records Of The Buyers As All The Documents Like The Search Title Or The 7/12 Are Officially On The Buyer’s Name And They Are 99 % Legally Clear.

Anchor: Dear Listener If You Are Interested In Dealing With These Plots In Shirwal Or Saswad Kindly Feel Free To Call Excellence Shelters Pvt. Ltd’s Mrs. Reshma Hajite On +91-83088 16587.

For More Details About Real Estate Investment In Residential NA Plots

Give A Missed Call On +91 74472 95005

Call: +91 88883 55559 | Email: Enquiry@excellenceshelters.com | www.excellenceshelters.com

Mrs. Reshma Hajite Director – Sales & Marketing Excellence Shelters Pvt. Ltd. Interview On Akashwani 101 On “Plot Che Pardarshi Vyavhar” Will Be Broadcasted Every Monday 10:30 Am And Friday 9:30 Am.

Here Is The Fourth Episode English Transcription On “What Are The Illegal Practices You Should Be Aware Of While Buying Land?”

For The Guidance On Transparent Land Dealings Kindly Contact Excellence Shelters Pvt. Ltd’s Mrs. Reshma Hajite – +91-83088 16587.

Anchor: Greetings To All Our Listeners. I Chitra Khare Welcome You All Once Again For Our Brand New Episode Of “Transparent And Clear Plot Transactions”, Presented By Excellence Shelters Pvt. Ltd.

In This Program We Are Discussing All Types Of Plot Dealing Be It Buying Or Selling The Plot Or Even Buying A Plot For Residential Purpose And The Legal Care And Other Care That We Need To Take While Doing These Dealings. To Discuss And Guide Us About These Dealings We Have With Us One Of The Directors Of Excellence Shelters Mrs. Reshma Hajite.

Anchor: Greetings Madam

Reshma: Greetings Chitra

Anchor: Today’s Call Is From Pune And Due To Some Reasons He Has Asked Us Not To Disclose His Name So We Will Call Him Mr. Rajesh. He Had Bought A Piece Of Land In Wagholi 4 Years Back Which Was Said To Be Proposed NA However He Is Not Been Able To Trace The Ownership Of His Plot Nor Is He Able Make 7/12 Document . He Would Like To Know What Need To Be Done Further.

Reshma: Whenever We Buy Land The Most Important Thing We Need To Keep In Mind Is The Type Of Land That We Are Buying. Now A Day A Lot Of Plot Sales Take Place With The Help Of Proposed NA Or Proposed R Zone. Proposed NA Means That It Is Still Not NA (Non Agriculture) But There Is A Possibility Of The Conversion By The Government. A Lot Of Times The Conversion Of The Land Depends On The Parameters Drawn By The Government. Hence Whenever We Buy A Proposed Land It Is A Risk As We Are Not Sure Whether It Will Get Converted Or Not. So There Is A Chance Of Loss Of Investment If The And Does Not Get Converted. It Is Actually Illegal To Sell Such Plots In The Market. The Demarcation And Layout Of These Plots Are Not Approved By Any Government With A Thought Process That Once The NA Is Done The Plots Will Be Allotted. In Such Case Agreement To Sale Is Made So That Once The NA Is Done The Client Will Be Handed Over The Ownership Of His Plot. At Times When People Buy Such Plots There No Legal Documentation Done, The Only Document Made Is Agreement To Sale And Throughout That Period There Is No Title On Your Name, Which Means You Are Still Not The Owner Of That Place.

Anchor: What I Would Like To Know Is That We Generally Do Land Investment As Future Investment Or The Investment That Can Be Useful In The Future And What All Precautions Do We Need To Take For It?

Reshma: The Precautions That We Need To Take Care That If You Are Looking For Investments You Can Invest In Agricultural Plots Which Needs To Be Minimum 1 Acre If You Have 7/12 On Your Name You Can Buy It Legally And If Not So I Would Suggest You Invest In NA Plots And While Doing So You Should Ask The Developer For The NA Order That Is An Government Order That Officially Declares That Land Non Agriculture Approved. If They Have This Order Then That Project Is NA If Not Then It Is A Proposed NA Project. If It A Proposed NA All The Further Dealings That You Do Are Illegal For Which The Government Is Not Responsible. There Is Always A Possibility That On That Proposed Land The Government Decided To Build A Bus Depot And The Valuation Of That Land Reduces Automatically. And You Cannot Claim Anything As You Do Not Have The Legal Ownership Of That Land.

Anchor: Right. Now That Is What Mr. Rajesh Would Like To Know What He Should Do Further Now That He Is Stuck With This Problem?

Reshma: Actually He Should Have Been More Careful While Buying That Land But However If There Are A Number Of People In The Same Project And Are Facing The Same Problem They Can Form A Society With Each Other’s Consent. If There Is A Possibility Of NA In That Area They Can Get In Touch With A Liaisoning Company Or Agency And The Project NA Approved And Then Have The Individual 7/12 On Their Names. But If It Is Not Possible Then There Is Not Much That Can Be Done.

Anchor: That Means While Doing Any Investment In The Market A Thorough Survey Needs To Be Done.

Reshma: Absolutely Otherwise What Happens Is People Are Not Aware Of These Small Small Details And They Trust The Person Who Is Selling Them The Plot That They Have The NA Order But It Is Necessary To Ask Them To Produce It And Check That It Belongs To The Project That We Are Buying.

These Are My Thoughts And Advices From My Experiences But You Can Still Ask Your Consultants Also While Checking A Specific Project.

Anchor: Thank You Reshma Madam For Your Valuable Advice And For Any Further Details And Queries Do Call, Message Or What’s App Us On 8308816587.

For More Details About Real Estate Investment In Residential NA Plots

Give A Missed Call On +91 74472 95005

Call: +91 88883 55559 | Email: Enquiry@excellenceshelters.com | www.excellenceshelters.com