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commencement certificate

    WHAT IS RAJA CHITHI ( commencement certificate )? A commencement certificate is a document that proves the legitimacy of a real estate project. We explain what exactly a commencement certificate is and its importance for a developer, as well as a home buyer. A commencement certificate is a document from the local municipal authority that permits the developer to begin construction of the project. The commencement certificate (or CC) is usually granted, only after the developer has met the legal requirements and obtained the relevant sanctions for the building’s plan. Before beginning the construction of a new building or project, the developer must obtain a commencement certificate from the local authorities. Once the developer submits his plan for the project, the municipal authority will begin conducting several preliminary checks, before authorising that the project is fit for commencement. During this time, the developer must be able to provi...
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SLAB

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                        WHAT IS SLAB ? Slab is an important structural element which is constructed to create flat and useful surfaces such as floors, roofs, and ceilings. It is a horizontal structural component, with top and bottom surfaces parallel or near so. Commonly, slabs are supported by beams, columns (concrete or steel), walls, or the ground. The depth of a concrete slab floor is very small compared to its span. The forces transfer from slab to beams occur either in one way or in two ways. The total system completely counts on the geometrical dimensions of the slab. Slabs may be supported by columns only, in this case two way action will prevail. If the ratio Long side / short side < 2 it is considered as 2-way slab, and if Longer side to shorter side greater than 2 then it is considered as 1-way slab. The load transfer mechanism from floor slab to supporting elements for one way slab ...
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CHARGES

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             WHAT IS HIDDEN CHARGES ?     That adds up to agreement value. That adds up to government taxes. That adds up to other/miscellaneous charges. That adds up to agreement val ue are :- Car Parking charges which is {3-12%} of the property depending upon its cost. Preferential location charges, are the charges that are applicable on preferred flats,like vastu, garden location,river location,etc.This charges are {2-4%} of the property. Floor charges,this charges that varies with floor,like floor choice midden floor, top floor etc. That adds up to government taxes are:- Stamp duty, It varies from region to region, from {5%-7%}. Registration Charges, It is 1% of the agreement value whichever is lower. GST, It is 5% for Input Tax Credit (ITC) on residential properties that are not part of the affordable housing segment. And 1% for without ITC on residential ...
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