Land available in Joint Venture (JV) for Hotel or Commercial project. Parcel Size over 45000 square feet, with a large main road frontage. Seller willing to enter into a Joint Venture Development for the Raisen Road Bhopal real estate. For the hotel project, owner can also consider hotel management contract with a leading hotel brand.

Located on 120 Feet Bypass Road – NH 12 Raisen Hoshangabad ByPass Road. Nearby places include Sahara Estates on the Raisen bypass rd.

Product ID: P2206

Less than 10 minutes to Panaji. 15 minutes to Calangute Candolim Coco beaches. 15 minutes to Tivim railway station, 40 minutes to Dabolim Goa airport. 10 minutes to Mapusa. Less than 30 minutes to proposed Mopa airport. Goa – Mumbai highway is 5 minute drive.

Nearby developments in Goa are Tata Housing’s Villa Paradiso (river view), Piramal Group’s Ashok Beleza (river view), and Highland Villas Porvorim. All these projects sell at Rs. 6000 per square foot onwards (Jan 2012). In addition to our services as a trusted real estate agency in Goa offering you transaction services, we can also help with additional services including Architectural Design and Project Management in Goa.

Property ID: P2158  

Land area Approx 10 acres.

The nearest airport to Kumarakom is the Cochin International Airport, about 70 km away from the Muhamma boat jetty. Top-rated hotels in Kumarakom include Vivanta by Taj – Kumarakom, Coconut Lagoon, Kumarakom Lake Resort, The Zuri Kumarakom and Abad Whispering Palms Lake Resort. Popular attractions nearby include Vembanad Lake, Aruvikkuzhi Waterfall and Kumarakom Bird Sanctuary.

Property ID: P2164

Hotels near this guest house hotel are La Calypso, Casino Palms, Cavala, Sun City Resort and Britto’s. The guest house is located in a happening area in Baga, with nightlife restaurants discos pubs.

Property ID: P2115

This independent bungalow is ready for sale in peaceful location in Porvorim. This bungalow in North Goa has easy access to Panjim, Mapusa, Pilerne Industrial Estate, Corlim. Beaches like Candolim, Coco, Calangute, Baga are on short drive distance. Some of the near by places are Camphor Resort in Porvorim, Vista Do Rio, Dominos, Hotel Orion, O Coqueiro, Navtara Porvorim, Angels Resort, ICFAI. Also school, colleges, banks, hospitals like RG Stone, Mandovi Clinic are near by from this property.

This bungalow has independent flat on each floor with separate entrance. First & second floor has 3 bedrooms, attached bathrooms, along with living room & kitchen. Top floor has studio apartment and terrace. You can also rent some part of the bungalow and earn rental income. The project is surrounded with greenery.

Land Area: 3012 square feet
Built Up Area: 4000 square feet

Contact us right away to view and buy this property.

Property ID: P2150

This is a secure gated community. The 2 bedroom villa available for sale in Siolim is ready to move in, and has expansive unobstructed river view. The villa has a living room, open kitchen, stylishly designed entrance. Project is located in a quite scenic location of Siolim, surrounded by greenery and water. The project has a large swimming pool, gym and sauna, waterfront deck, jogging track. The rooms are quite spacious and have good natural breeze.

Nearby places include Vagator beach, Anjuna beach, Chapora Fort, Siolim Market, Morjim Chopdem and Ashvem Beaches. Nearest city is Mapusa, nearest railway station will be Tivim. Proposed Mopa airport will be much closer to this project that the existing Dabolim airport.

Approximate area: 145 square meters / 1500 square feet.

Product ID: P2120

The Reserve Bank of India deregulated interest rates on non-resident external (NRE) rupee deposits and ordinary non-resident accounts. The rate hikes backed by an appreciating dollar will have a considerable impact in attracting dollars as the rupee hits record lows.

Meanwhile, Reserve Bank subsequently also made it clear that the interest rates offered by banks on NRE and NRO deposits cannot be higher than those offered by them on comparable domestic rupee deposits.

Estimated Geological Reserve of Iron Ore: 2.8 Million Ton

Rate of Production: 120,000 MT per annum

Grade: 62%+ Fe

Land Area: Approx 125 Hectares

Location: Kendujhar District (Keonjhar / Kendujhargarh), Orissa (India)

It is best to check the terms applicable at the time of onward sale with the builder before buying. Some builders may charge you an exit or transfer fee if you sell before the project is complete.

If you sell your property within 3 years, you will have to pay short term capital gains tax. The rate of this short term capital gains tax depends on your income level. Long term capital gains tax rates are lower, but the long term capital gains tax rates are applicable only if you hold on to your property for more than 3 years.

To purchase an immovable property in India, an NRI or PIO should not make a payment by traveller’s cheque or by foreign currency notes or by other mode except those specifically mentioned above.

NRIs and PIOs can freely acquire immovable property by way of inheritance from a person who was resident in India. However, a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan should seek prior approval of the Reserve Bank for inheriting immovable property in India.

In case of residential property, the repatriation of sale proceeds is restricted to not more than two such properties.

The rent received is current income, and can thus can be credited to NRO / NRE account or remitted abroad if applicable taxes have been paid or provided for.

These ready to move in holiday home apartments are for sale near Calangute & Baga beaches. These 1 & 2 BHK apartments are also ideal for investment. The property has Goan ambiance, as it is surrounded by coconut & mango trees.

The secured gated residential premium society has been constructed by a renowned builder. It has gymnasium, swimming pool,landscaped garden, solar water heater connection, power back up for lift & power backup for common areas, earthquake resistant structure, ample water supply.

Nearby places:
Calangute Beach: 4.5 kms
Baga Beach / Tito’s: 4.5 kms
Candolim Beach: 6.0 kms
Sinquerim Beach: 7.5 kms
Club Cabana Arpora: 4.0 kms
Panaji: 11 kms

Approximate Area -
1BHK – 657 – 784 sq ft
2BHK – 1172 sq ft

Property ID: P1970

These independent villas are 5 minutes away from Majorda Beach. These exclusive villas in gated complex are designed to have luxurious resort style living along with the beauty of nature. The project has beautifully designed landscaped gardens, swimming pool, club house, children’s play area, 24×7 security.

The villas are designed with contemporary look with specious living room/dinning room, 3 bedrooms with balcony, family room, study room, kitchen & garage with remote control shutters. The villas have rustic & wooden finish flooring, modular kitchen with chimney & granite platform with SS sink. Toilets have designer tiles with branded fittings.

The project is expected to be completed by March 2012. It is approved by State Bank Of India. Some of the villas have has view of swimming pool or lush green fields.

Some of the hotels closer to project are Majorda Beach Resort, Alila Diwa Goa, Park Hyatt Goa Resort, Royal Orchid Resort and Kenilworth Resort. Madgaon is just 10kms away. Goa airport is 15kms away.

Area – 3228 square feet

Property ID – P2018

This is provided the NRI acquired the property out of foreign exchange sources remitted through normal banking channels / by debit to NRE / FCNR (B) account. The amount to be repatriated should not exceed the amount paid for the property in foreign exchange received through normal banking channel or by debit to NRE account (foreign currency equivalent, as on the date of payment) or debit to FCNR (B) account.

Holiday Home apartments - Property in Candolim Calangute Goa

These ready to move in 2 bedroom apartments in a secure gated compound with lush green garden, refreshing well maintained swimming pools, room service restaurant, and walking distance to the Candolim and Calangute beach stretch.

Ideal as holiday home apartments in Goa, you can buy furnished apartments with all fittings, furniture and basic electrical appliances including air conditioners, but also have an option to buy unfurnished apartments and then get the interiors done as per your personal taste.

You also have a guaranteed rent back option available where you can rent the apartment for a fixed guaranteed annual income, with maintenance, cleaning and utility bills taken care of. The apartment will be available for your personal use for a few weeks a year.

The secure gated cmplex includes Swimming pools, Children’s play zone, Club House, Ample water supply, Landscaped garden, Car parking.

Property in Candolim Calangute is one of the best whether its for a holiday or a destination for a second home, property in Candolim or property in Calangute is one of the best choice for many NRIs and PIOs. Apartments in Candolim Calangute are well liked for their close proximity to the major destinations of Sinquerim, Candolim, Calangute, Baga, Arpora, Anjuna, Vagator beaches – for the tourists looking for beautiful beaches, sun kissed villas, and a range of hotels, restaurants, pubs and discos. The capital Panaji with its movie theatres, theatre, promenade, casinos is less than 20 minutes away. The five stars hotels like Taj Vivanta Holiday Village, Taj Vivanta Fort Aguada and Lemon Tree Goa Resort are at a short distance. CHOGM Calangute – Sinquerim road with its restaurants, pubs, discos is a stones throw away.

We are one of the leading Goa Estate Agents. With our offices in Goa, and network of offices in multiple cities in India, we have extensive local expertise and support coupled with insights of the property market in India.

Contact us now to view and book this property. Limited availability.

2 bedroom apartments, 100 square meters

Property ID: P1807

• Passport copy
• Visa copy
• General Power of Attorney (POA) in favour of a local person in India in specified format duly attested by the Indian consulate in your country. The General POA holder cannot buy or sell the property, and it is only for the Home Loan process.
• A copy of your appointment letter and contract / labour card / identity card
• Bank statements for the last six months of your NRE / NRO/ FCNR account
• Bank statements for the last six months of your International bank account
• Copy of local income tax returns filed in the country of residence

Nearby beaches are Vagator, Ozran, Anjuna.

Property ID: P1980

Vadodara is fast emerging as a preferred investment destination. It is 100 kms from Ahmedabad, 375 kms from Mumbai, near the proposed Delhi-Mumbai Industrial Corridor DMIC, etc.

Property ID: P2036

Shimla is a beautiful tourist destination – a gorgeous hill station in North India. Nearby places include Kaithlighat, Shonghi, Mashobra, Baldeyan, Naldehra, Kufri, Shilonbagh, Fagutop, Chail, etc.

Product ID: P2025

These are Holiday Homes for sale in Siolim Goa India. The apartments are 1, 2 and 3 bedroom. The project also has row villas with an amazing lush green field view. The gated community project has a swimming pool, landscaped gardens and 24 hours security.

Siolim is a quiet Goan village with lush greenery. Popular North Goan beaches are nearby – Vagator and Morjim are 6-7 kms away. Ashwem, Arambol and Anjuna are all under 15 minutes drive. Mapusa is 10 minutes, and Tivim Railway Station is 20 minutes drive.

Approximate Saleable Area:

1 bedroom: 75 square metres plus Terrace of 28 square metres
2 bedroom: 99 – 106  square metres
3  bedroom: 108 to 114 square metres

Expected Completion Date: June 2012

Contact us now to view and buy this property. 

Property ID:  P1755

This are luxury flats in Goa – a project by a reputed builder in Porvorim. The residential towers are located in a lush green area, and are equipped with top quality modern amenities including a club house, jogging track, gym and badminton court. The residential condominiums have vitrified flooring, modern kitchen, granite platform in kitchen, designer toilets. The flats are located in a gated secure community. Elevators have power backup.

The flats are at Porvorim near Panaji – 10 minutes from CBD Patto Plaza Panaji, 10 kms to Miramar Beach Panaji / Coco Beach / Candolim Beach / Mapusa, 15 kms from Corlim Industrial Estate / Tivim Industrial Estate. The project has almost half an acre of green space.

Approx Areas:
2 bedroom: 110 square metres
3 bedroom: 150 square metres

Contact us now to view and buy this property.

Property ID: P1883

Smart living in Goa near the beach: These flats for sale in Goa are conveniently located at walking distance from Majorda Beach South Goa. Located in the heart of South Goa – the Majorda beach is just a 5 minute comfortable walk away. The flats are in a gated secure compound, have a garden and a swimming pool. Margao city is 10 minutes away.

The project is ready to move in to today, making it a risk free investment or purchase where you worry about whether the builder will run out of funds while trying to complete the project, or whether the builder will deliver specifications as promised.

The project is near the beaches Majorda, include Arossim, Utorda, Betalbatim and Colva. Nearby resorts include Majorda Beach Resort and Alila Diwa Goa. Nearby restaurants include Martins Corner and Pentagon. Also nearby are Park Hyatt Spa, Kenilworth, Royal Orchid Beach Resort. Dabolim Airport is 17 kms / 20 minutes, and Madgaon Railway Station is 10 kms / 15 minutes. SMRC Vivus Heart Hospital Chicalim and Apollo Hospital Margao are approx 15 minutes away.

Area of each 2 BHK unit is between 888 square feet to 1138 square feet.

Property ID: P1763

These resort style villas are in vicinity of Calangute, Baga & Condolim. This area is quite popular for coffee shops, bars, restaurants, pubs & hotels such as Taj Aguada, Taj Holiday Village Sinquerim, Taj Vivanta, Lemon Tree, Subway, Barista, Dominos, Cafe Coffee Day, Fiesta, Newton super market, Anjuna Flee Market to enjoy Goas jovial life.

These beachside villas are available with swimming pools to enjoy relaxed life. With all modern facilities these are perfect to be used as your dream homes. These villas have some of the amenities such as modular kitchen, vitrified flooring, branded batroom fittings, bedroom furnitures, airconditioner. This property has 24×7 security, landscaped gardens with one car parking space for each villa.

Panjim is 16kms & Goa Airport is 45minutes drive from this property. Calangute & Baga market are on walking distance.

Area: 2250 sqft

Property ID: P1943

ML Area: Approx. 100 hectares

Estimated Reserves Quantity: 25+ million tons

Production: 0.50 MTPA Iron Ore and 0.10 MTPA Manganese Ore

Grade: 58% to 62% Fe

Location: North Goa District, Goa, India

Nearest Port: Mormugao, Goa – West Coast of India

Approx distances from these South Goa hotels are:
Margao Railway Station 12 km, Dabolim Airport 35 kms, Panaji 45 kms.

“Approximate” area:15 acres. Property shape suitable for development of luxury hotel project having beach front similar to other resorts . Parts of the property lie in the 0-200 metre, 200-500 metre and 500+ metre distance from the High Tide Line (HTL) from the Coastal Regulations Zone (CRZ) perspective.

Details only against Mandate Letter on Buyer Letterhead.

Property ID: P1946

Surrounded by green fields, amazing sunrise and sunsets, 5 minute drive to the beach, 5-star resorts nearby, lots of greenery. Land parcel is settlement zone, clear title, single owner.

This land for sale in Goa is perfect for sub-division into 3-4 large plots and onward selling to HNIs (likely over a period of 6 months) or building 4-5 low intensity high value luxury villas with individual swimming pools and then selling the completed villas (likely over a period of 1.5 years). Each plot or villa will have its own unobstructed view.

All payments to be made only after your lawyer checks legal title. With our range of services, we will help you invest, add value, and exit your investment profitably.

Investment Size (Sep 2011): Approx. Rs. 27.5 million including Legal charges, Property Value, Brokerage,Permissions, Sub-Division, Internal Roads etc

Many people also buy developed plots in a residential colony or secure gated area, build a compound wall, and then build a house on it in the future. For this category of buyers, always buy a safer option without stretching your budget too much. You can invest what you are comfortable in while buying the land, and then invest future income to build a home at some point in the future. Payments to a professional real estate company and competent lawyer ensure that you benefit from their knowledge and experience, and do not make costly mistakes that bring down the value of your investment.

Suitable for person looking for investment in Goa.

Product ID: P1923

The residential 2BHK apartment at Candolim near Pilerne Industrial Estate is under construction. This project is on short drive to Candolim Beach & Coco Beach. Also has easy access to Porvorim, Panaji, Betim, Saligao, Calangute Beach and Sinquerim Beach.

The project has sump/overhead tank with sufficient water supply, landscaped garden, Car parking space along with some flats have excellent view of green field. The apartment has granite kitchen platform with SS sink, designer bathroom and toilets, branded door and windows.

Approx. Area:
2 BHK flats: 129 – 149 square metres
Penthouse has 88 sq mtr open terrace too.

Our Reference: P1900

NH69 connects Bhopal – Mandideep – Hoshangabad – Itarsi. NH 86 connects Sagar – Bhopal – Sehore – Ashta – Dewas . NH 12 connects Jabalpur – Bhopal – Biaora – Kota.

Luxury Waterfront Villa Candolim Beach

Exclusive Luxury Water-Front Villas, near Candolim Beach in Goa. Not a distant water view, but touching the water !! See past completed projects of this developer to see the actual quality, finishing, and tastefully done interiors.

4 BHK riverfront villas have a private plunge pool and a private lift. The villas have a rustic ethnic finish with great attention to detail and aesthetic design. Top of the line specifications.

This exclusive villa is designed for the elite and is a short 5 minute drive from the beautiful Candolim beach along a wonderful green coconut tree lined road that also has quaint Goan houses, churches and views of the beautiful Goan countryside. A short 10 minute drive away are the touristy Calangute and Baga beaches. The five stars resorts Taj Vivanta Holiday Village Sinquerim and Taj Fort Aguada are just 10 minutes drive. The CHOGM road that runs from Baga to Sinqurim via Calangute and Candolim is lined with numerous restaurants, pubs, discos and hotels giving ou a range of dining and entertainment options including brands such as Barista, Dominos, Subway, and locally famous Tito’s, Club Fresh, Brittos, Infantaria, etc. Numerous other hotels with their famous restaurants are nearby including LemonTree, Fortune Regina, O Hotel, Ronil Resort, etc. The capital Panaji / Panjim is 15 minutes drive. Dabolim (GOA) airport is less than 45 minutes away.

Also see http://www.goaproperty.co.in/premium-waterfront-villa-5-minutes-from-candolim-beach/ for plans, siteplan, etc.

Approx. Distances:
Nearest beach: 10 minutes walk
Nearby beaches: Sinquerim, Candolim, Calangute
Other beaches a short drive away: Baga, Coco beach, Anjuna and Vagator.
Nearest Railway stations: Tivim (15 mins), Karmali and Madgaon
Nearest Airport: Goa (Dabolim) 45 minutes

At PropertyInIndia.co.in’s hotel division, we have the experience of having transacted hotels in Goa, and offer you a speedy transaction and certainty of closing for this property. PropertyInIndia.co.in is more than just a real estate agency. We are a professional team in a network of cities, and also work with trusted associates with different areas of expertise to provide you with a range of integrated services designed to maximize your investments and real estate assets. We can offer our architectural design, construction, interior design for this hotel in Goa.

The hotel is fully operational. The Beach is short 5-10 walk away. The hotel is on the main road. We can also offer ourInterior Design services to assist the buyer to redesign and renovate the interiors of the hotel in Goa.

Nearby beaches: Baga, Calangute, Candolim, Sinquerim.

At PropertyInIndia.co.in’s hotel division, we have the experience of having transacted hotels in Goa, and offer you a speedy transaction and certainty of closing these properties. PropertyInIndia.co.in is more than just a real estate agency. We are a professional team in a network of cities, and also work with trusted associates with different areas of expertise to provide you with a range of integrated services designed to maximize your investments and real estate assets. We can offer our architectural design, construction, interior design for these land options  in Goa.

This is an exclusive premium waterfront hotel in Goa that is perfect for exclusive clientele who want to be by the water.

Additional details only on request to select direct buyers for this exclusive property. Please contact by email with your detailed profile.

Restaurant spaces range from 300 – 3000 square feet. Beach is typically 500-800 metres away from this road.

Additional details on request.

Map of Panaji – the capital of Goa (zoom in to Hotel Mandovi on D B Road)

Map of Calangute Beach (zoom in to Calangute Residency / GTDC Calangute)

Map of Baga Beach (zoom in to Tito’s Baga)

Map of Anjuna and Vagator Beach (zoom in to Anjuna Flea market)

Map of Dona Paula (zoom in to Cidade De Goa Resort)

Approx Distances from Majorda are: Vasco da gama Railway Station (20 kms), Madgaon Railway Station (10 kms), Dabolim Airport (15 kms), Panaji (30 kms). Majorda Goa to Belgaum is 150 kms via Mollem Anmod Ramnagar, Pune is 485 kms via Belgaum, Mumbai (Dadar) is 580 kms via Sawantwadi Sindhudurg Ratnagiri districts, Bangalore is 600 kms via Hubli.

Dona Paula boasts of amazing views of the Arabian Sea and the river Zuari.

See our sea view and other properties for sale in Dona Paula Goa.

See our properties in Siolim for sale.

Candolim has a few popular starred resorts including LemonTree, Fortune Park, o Hotel, etc.

Calangute Beach has a host of popular beach shacks and restaurants, and many small budget hotels popular with tourists. Water sports here is also value for money.

Nearby beaches include Baga and Candolim. The 7 km beach stretch starts at Baga beach, moves to Calangute, Candolim and ends at Sinquerim beach near Taj Holiday Village. Nearest Railway station is Tivim (20 kms), nearest airport is Dabolim – GOI (40 kms), Panaji is 15 kms.  Madgaon Railway Station is 45 kms, and Vasco da gama Railway Station is 40 kms.

Pithampur has great connectivity to Indore and Mhow, and via NH3 (AB Road) to Nashik, Mumbai, Gwalior, Agra, and via NH 59 to Ahmedabad.  As of 31st March 2011, Pithampur Indore SEZ had 33 operational units generating employment for over 8000 people.

Location: Calangute Beach, North Goa. The beach is approx 2 minutes walk. The main Calangute – Candolim CHOGM road is a short distance away.

Nearby beaches include the popular North Goa beaches – Candolim, Sinquerim and Baga. Nearest City is Panaji (15 kms) / Mapusa (10 kms), nearest railway station is Tivim (20 kms). Dabolim Airport (GOI) is 38 kms away. Popular nightspots including Tito’s Baga, Arpora Ingos Saturday Night Bazaar, Anjuna Flea Market are all a short drive away.

Our Reference: P1887

Beaches nearby include Colva, Benaulim, Varca, Cavellossim, Mobor.

Details only to select direct buyers against detailed corporate profile.

Approx. 15 minutes walk or 2 minute drive to Vagator beach. The plot has excellent road frontage on the main road, and an amazing field view on one side. Land parcel is suitable for a residential project or a hotel / boutique hotel project in North Goa.

Nearby attractions include Vagator Beach, Anjuna Beach, Chapora Fort, Chapora River, Ozran Beach. Also a short drive away are Morjim, Ashvem, Arambol, Anjuna Flea Market, Baga, Tito’s, Ingos Saturday Night Market, etc.

PropertyInIndia.co.in is more than just a real estate agency. We are a professional team in a network of cities, and also work with trusted associates with different areas of expertise to provide you with a range of integrated servicesdesigned to maximize your investments and real estate assets. We can offer our architectural design services in Goa, construction, and construction project management/ consultancy  in Goa.

This means that a Home Loan EMI will now go up by Rs. 30 per lakh. A housing loan of Rs. 20 lakhs taken for a period of 15 years will now have an EMI / Monthly Installment of Rs. 21,800.

HDFC Home Loan Rates:
Upto and including Rs. 30 lakhs: 10.25%
Rs. 30.01 lakhs – 75 lakhs: 10.50%
More than 75 lakhs: 11.00%

(Floating Rates, subject to change without notice)

SBI Home Loan:

Upto and including Rs. 30 lakhs: 10.25%
Rs. 30.01 lakhs – 75 lakhs: 10.50%
More than 75 lakhs: 11.00%

(Floating Rates, subject to change without notice)

The above housing loans are for purchase of
- Flat, row house, bungalow from developers
- Existing freehold properties
- Properties in an existing or proposed co-operative housing society or apartment owner’s association

The profit is calculated by deducting cost price, house taxes and maintenance from the sale price. The cost price is after indexing the cost as per the cost inflation index. If the property has been purchased before 1 April 1981, then the property value has to be ascertained based on market value as on 1 April 1981, and index the cost after that.

If the property has been held for less than 36 months, the profit is treated as short term capital gains, and is added to your income. This is thus subject to the same rate of taxation as your income depending on your tax bracket.

If the residential property has been held for more than 36 months, it is treated as long term capital gains, and is chargeable at the Long term capital gain tax rate.

If the property was owned by an individual or an HUF, then you can save on your long-term capital gains tax liability by investing in a residential property under the provisions of Section 54, Section 54F and Section 54EC of the Income Tax Act, 1961. You have to purchase a new property within one year before or within two years after from the date of transfer of previous property. Optionally, if you plan to construct a new property within three years from the date of transfer of previous property.

Got more questions about Real Estate Investment ? Ask our in-house team of CA and CFA. Fill the form on the right to get started.

These luxury beach flats are in the vicinity of the places like Vivanta Taj Fort Aguada, Taj Holiday Village Sinquerim, Kingfisher Villa, Acron Arcade, Lemon Tree Goa Resort, Newtons super market, etc. The Fort Aguada (CHOGM) Road that connects Sinquerim – Candolim – Calangute and Baga beaches has numerous popular coffee shops, bars, restaurants, hotels, and popular tourist spots is a short walk away.

Area:
1 BHK: Approx 870 square feet
2 BHK: Approx 1256 square feet

Property ID: P1799

These are premium quality 3 BHK flats in Goa at Dabolim from well known builder. Each floor has just two flats. The flats are at a good location, convenient for people working in Vasco da gama, Airport, Sancoale and Verna. Ideal for investors due to high rentability in the area. Nearby places are Dabolim Airport, BITS Pilani Goa Campus, MES College Zuarinagar, SMRC VIVUS Hospital Chicalim Airport Road, Bogmalo beach. Vasco da gama is around 6 kms away.

The flats are spaciously designed with well finished interior works like well located dining area connects the living room with the kitchen and facilities like complete modular kitchen, with ample storage facilities, Service balcony with provision for washing machine, Teakwood door frames, shutters etc. The project also has Stilt Parking for every flat, spacious elevator with power backup, and attention to detail like inverter ready electrical wiring. Nearby is a small park with a walking track and open area for children to play.

3 BHK Flat Area: Approx. 1750+ square feet.

Property ID: P1813

125 rooms, 3 restaurants, banquet halls, conference halls. Plot Area: Approx. 40,000 sq ft. Near Sayaji Hotel and the Radisson Hotel. Also nearby are Bombay Hospital, Mahalaxmi Road, the AB byepass road. Good connectivity with Airport and Railway station.

Property ID: P1802

This is an under construction residential project of 2 & 3 BHK apartments at Dona Paula Panjim having sea view. Dona Paula is known as the famous tourist destination in Goa as it is known for National Institute of Oceanography, Goa university, Cidade de Goa is also in the close vicinity. Near by places are Miramar, St. Inez, Miramar beach, etc. The project has features like earthquake resistant with R.C.C frame structure, anti-termite treatment in foundation, 2 independent UPS backed elevators, sewage treatment plant, rain water harvesting, piped gas connection, Wi-Fi enabled complex.

Floor Plans

Nearby beaches include Morjim, Ashwem, Arambol, Chapora, and Vagator. Proposed Mopa International Airport in Goa, just south of Maharashtra’s Singhudurg district, will be near this land compared to other lands in Calangute – Candolim, and compared to South Goa options.

Candolim Premium Villas

Candolim Premium Villas, barely 5 minute drive to Candolim Beach. Short drive to Sinquerim, Calangute, Baga beach. Villas will be fully furnished and having luxury specifications and tasteful interior design.

See completed project of this developer before you see these under construction premium villas.

Additional details on http://www.goaproperty.co.in/luxurious-stylish-villas-for-sale-at-candolim/

PropertyInIndia.co.in provides the professional and results driven solution to maximise investment returns through our unique internal process, while offering total transparency in all areas of the investment cycle.

1. The home loan provider will ask you to fill out a detailed Application form. Typical documents needed for a Home Loan pertain to your personal contact details, your financial status and your credit history.
2. Based on your documents, the home loan provider will help finalize the terms of the loan – maximum EMI that you can pay, Loan Eligibility and Interest Rate
3. The bank will verify your financial information and formally offer sanction you a loan with an offer letter
4. Before any disbursals, the bank will also verify the property – its title, legal documents, technical check and valuation
5. The property will have to be registered, agreements will have to be signed and you will need to sign post dated cheques
6. The bank will then disburse the home loan amount

Depending on your situation, you can also take a pre-approval of a home loan for 3-6 months without waiting to select the property. This way, you can take advantage of limited availability or limited period price offer in a project faster once you have decided that you plan to buy a home in the next few months.
The process is long, but simple if you have your personal papers in order and are buying a trustworthy property. Our PropertyInIndia.co.in office will help you shortlist a trustworthy property. Leveraging a Home Loan allows you to borrow between 70 – 85% of the value of the property if you have a good credit history and ability to repay the loan steady EMI month after month for the next 10 – 20 years. Contact us now to get started.

Facing towards East in Malwa County township available plot of 1800 Sq ft in Malwa County township on Agra Mumbai bypass road -Indore.The township offers Hyper Market, Shopping Mall cum Multiplex, IT PARK, Provision for a host of parks, community center, school, medical facility. Already Special Economic Zone caters to Industries in Indore.The residential plots would comprise medium and high density areas with plotted development, row housing and group housing.

Vijaynagar, Bypass Road, Mangal City, MR 10, Sayaji Hotel, Hotel Radisson, road connected directly to airport, Parsavnath and DLF, Delhi Public School DPS  are near to the plot.

Property ID:  P1784

Ready to move in Villas for Sale at South Goa. The villas are in a gated community with its own compound wall and gate. This is a  project surrounded by a greenery.  A project is good for the people who are looking for a Holiday Home or for investment.  Amenities in the complex are Swimming Pool, Club House, Street Lights, Landscaped Gardens, Badminton Court. Resorts are closely located.

Colva Beach is approximately 2 km away. Margao City is 3.5 kms away.

Approx. Area: 219.52 sqm (2,362 sqft)

Property ID: P1764

The Project offers 2 BHK flats in gated township community with 24 hours security, landscape gardens, club house, swimming pool, playarea, jogging track, backup generators. This flats are of high end specifications and wooden flooring in master bedroom.

Flats located in  E8 Arera Colony are near to  Hoshangabad Road, Habibganj, Daana Paani Restaurant, Ansals Pradhan Enclave, Vishnu HiTech, Bawadia Kala, 10 number, 12 number bus stop, Barkatullah University.

Property ID : P1783

Available 3 and 4 BHK duplexes Villas in Trilanga – Bhopal in secured campus having developed garden and a wide internal road. The duplex villas  are ideally suitable for residential & as well for investment. Villas are built according to Vastu -Shastra.

The Villas are closer to Aura Mall, Rajiv Gandhi College, great connectivity with Arera Colony, easy access to Shah Pura, Kolar Road, Vidya Nagar, Chuna Bhatti, Basant Kunj, Bharat Nagar, Bhopal University, Bhopal Habibganj, Hoshangabad Road and Mandideep. One can have option of Villas  ranging  from 1000 to 1250 square feet.

Property ID:  P1780

The project offers duplex bungalows at Hoshangabad Road- Bhopal. Its is an Vastu-friendly project in gated community. The project offers facility like garden, adequate water supply and underground cabling.

Specification:
Structure: RCC designed for earthquake safety
Walls: Brick masonry
Tiles: Ceramic tiles for all rooms, anti skid tiles for toilets,
designer tiles upto 7′
Kitchen: Granite top platform, stainless steel sink
Doors:  Flush door shutters
Windows: Aluminum section
Paint: Acrylic emulsion paint for interiors, acrylic paint for
exteriors, granite stairs, stainless steel railings, plaster of Paris ceilings
Tube well, Granite stairs, Individual overhead tanks & Option for solar water heater and inverter

Nearby places:
Surendra Landmark
Shalimar Seven Garden
Reliance Fresh
Vidhya Nagar
Aashima Mall
Hotel Mark
RKDF

Property ID:  P1777

A luxury independent villas for sale in Goa close to the Dabolim Airport, a 15-minute drive. 3 & 4 BHK bungalow having its own lot of land and independent car park. The bungalows are in a secure gated community and have access to a Swimming Pool, Club House, Landscaped gardens.

This is a construction from one of the reputed builder of Goa. The project is barely 1.5 kms from the South Goa beaches of Cansaulim – Arrossim. It is one of the best options if you are looking for a good quality construction  and also looking for a holiday home or investment. The project is close to South Goa Beaches, one can enjoy the beauty of the beaches. Park Hyatt Goa Resort and Royal Orchid Galaxy are the popular resorts at South.

Utorda is close to Margao approximately 10 minutes away. Shops, markets, hospitals etc. are closely located.

Area
3 BHK: 158.86 sqm/ (1709 sqft)
4 BHK: 181 – 212.81 sqm (1947 – 2290 sqft)

Contact us now to view the property.

Property ID:  P1762

Residential plots available in pollution free environment gated township at Bhouri by-pass road-Bhopal.The township offer amenities like wide roads, gardens, children play area, underground cabling, temple, vastu friendly design. Plots vary  from 1000 sq ft to 1500 sq ft. One can easily access to Bhouri by-pass road, Narsinhgarh, Holy Family School, All Saints College, Bhopal Airport, Defence Colony, Gandhi Nagar, Upper Lake, Bairagarh, VIP Road.

Property ID:  P1774

The project has duplex bungalows for sale in Hoshangabad surrounded by lush green area. The villas are surrounded by campus with entrance gate, security guard room, landscape garden, children play area,wide roads,street lights, adequate water supply through tube & sump well & underground sewerage disposal system.

Located on a 80 feet wide road near Kulamadi Square in Hoshangabad, the villas are resistant earthquake structure with RCC frame, quality brick walls, steel doors/ frame / windows, flush doors,  Z section windows panels, glazed tiles in toilet with C.P fittings, marble stone & steel sink in kitchen, ceramic flooring in the rooms, concealed copper wiring, a quality paint for external & internal walls & provision for almriah & loft.The Villas are suitable for residential use. Nearby places Rasuliya, Narayan Nagar, Pratap Nagar, Housing Board Colony, Ginni Compound, Pratap Nagar, Saraswathi Nagar, Malakhedi. Also nearby are green areas, hills, and NH 69.

Property ID: 1772

This township comprises of luxury duplex bungalows,in city of lakes which makes dream destination for anyone in pollution free environment. The township offers 250 bungalows in secure gated compound with 24-hour security, wide internal roads, underground cabling, street lights, plantation along roads, sewage disposal system and water supply. The campus also has jogging tracks, children’s play area, Club House, multipurpose gym, table tennis, Swimming pool, Shopping Arcade.

Duplex bungalows are of R.C.C. Structure, brick masonary walls, vitrified tiles in drawing, dining, lobby, joint free ceramic tiles in other rooms, chequered tiles in porch, ceramic wares and C.P. fittings, geyser powerpoint in toilets and kitchen with Marble Stone platform, stainless steel sink, glazed tiles as dado, laminated teak finish main door, lush doors with Dewas section frames, M.S. grill aluminium sliding windows, Concealed G.I. water lines with individual overhead water tanks, Concealed copper wiring  with MCB’s, TV and telephone points, External walls finished with weather proof acrylic paint and internal wall with oil bound distemper. Enamel paint on steel and wood works, P.O.P : cornish and beeding in drawing and dining Hall, individual boundary walls for each bungalow, stair tower uo to top terrace with mumty and parapet wall.

The township is closer to Bhopal-Mandideep road, Danish Nagar, Bhopal University, Habibganj railway station, NH-12. Also markets, police station, education institutions, sports complex are near to the township.

Property ID: P1773

Located in a township with mall, club house, jogging track, kiddie play area, tennis court, badminton court, secure campus, cement roads. Duplex Villas are of 3 BHK on a plot of 1000 square feet, and 4 BHK on a plot of 1250 square feet.

Nearby places include Habibganj, Mandideep, Surendra Landmark, Aashima Mall, Hotel Mark, Vrindavan Garden, C21 Mall, IPS, Jatkhedi, Habibganj Railway Station, Lal Dabba Bus Stop, Sai Baba Mandir 11 no Bus Stop, Lnct 19 No Bus Stop, Bus Stop Saket Nagar, 11 No Bus Stop, Shri Hanuman Garhi Mandir Tample Near 12 No Bus Stop, 10 No Bus Stop AreraColony, Bittan Market 9 No Bus Stop, Malwa Caterers, shakti Nagar Shopping Complex, Bawarchi Restaurant, Meghdoot Restaurant, Awantika Club And Ground, Shaktinagar Park, Vidya Nagar, Yash Hospital, etc.

Property ID :  P1775

Duplex Bungalows on Hoshangabad Road Bhopal for sale in a gated community. Ideal for a high net worth individual, professional working in a corporate or MNC, or businessman.

Amenities:
Rain water harvesting, generator for common areas, childrens park, swimming pool, gymnasium, billiards table and pool table, garden,
secure gated community.

Nearby places:
Hoshangabad Road, Mandideep, Habibganj Railway Station, Bhopal University, Bhartiya Vidyapeeth, International Public School, Amusement Park, Ashima Mall, etc.

Property ID :  P1776

The  project luxurious offers 2 BHK, 3 BHK & 4 BHK apartments & Villas,  300Km from Hoshangabad Road, Bhopal. Security, pavements/ concrete roads inside the campus, entrance foyer, garden, play area for children, adequate water supply, underground electrification, wi-fi connectivity, lobby, lift , sewage plant system, backup system for lift & common area are facilities offered by developer. Apartments are earthquake resistance structure, vitrified flooring in dining-drawing & other rooms except in toilets having skid jointles tiles, internals walls with plastic emulsion paint , external walls  with exterior emulsion paint, POP for kitchen, toilets & internal walls, kitchen with granite platform & sink an option for modular kitchen with additional cost, concealed wiring,  modular switches, sufficient electrical points, moulded skin doors, aluminum windows with MS grills & water tanks.

Shopping centres, entertainment centres, health care, educational institutions & Public transport are closer to the project. Also near are NH-12, Barkatullah university, Paras Hermitage, Hotel Mark, Vrindavan Hotel & Danish Nagar. the apartments are exclusively suitable for residential use. The project has pre loan approval from SBI & HDFC Banks.

Date of completion: March 2012

Property ID:  P1769

Luxurious 3 BHK sea-view apartments for sale at Dona Paula near Panjim  North Goa. Under construction project having only 3 apartments with a partial sea view. Spacious apartments are of 185 square metres (approx. 1991 square feet). Added advantages of the project are the wide spacious verandahs. The project has stilt car parking, a lift with backup generator, common servants toilet etc.

Area:

3 BHK – 185 sqm
Completion: December 2010

Property ID: 1717

Property ID: P1753

This project has flats in Kolar Road Bhopal with 2 BHK flats for sale. The project has Landscaped garden, lift, children play zone. The project has been pre-approved for home loans from SBI and HDFC.

Kolar road, Gehun Kheda,  Satgarhi Sports Complex,  Manash road,  Dental college are near the project.

Property ID: P1752

This project is residential project offers 2 BHK, 3 BHK and 4 BHK luxury flats at Nipania Ring road-Bypass. The project offers facilities like 24×7 security, CCTV, open & stilt car parking, Swimming pool, provision for Video door phone, emergency alarm, entrance lobby, plaza fountain, childrens playing area, multi-purpose hall, senior citizen area, meditation/yoga centre, party lawn, open jacuzzi, ladies/gents health club, basketball / multi play court, gym & parlour.

These are the spacious & luxurious apartments in Indore whereby schools, colleges, hospital, malls etc are near the project. Also nearby are bypass road and ring road, MR11, Raddison hotel, Iskcon temple, Vijaynagar square, Nipania, Bombay Hospital, DPS, Bhuvans Prominent School, Mangal City Mall, C21 mall, Malhar Mega Mall, Sayaji Hotel, Hotel Fortune Landmark, Velocity Multiplex. The project has approval from Banks.It is an under construction stage & schedule to be completed in May 2012.

Property ID : P1751

Spacious Calangute flats for sale. Well designed project suiting to the people who are looking for a spacious apartment and a Holiday Home in North Goa Beaches. The amenities includes in the complex are swimming pool, landscaped garden and 24 hrs water supply.

The Calangute beach is called the ‘Queen of Beaches’ because of its beauty and is also known as the most happening beach of Goa, where you will find everything great food, shopping, entertainment and water sports i.e parasailing, water skiing and wind surfing. Baga Beach and Candolim Beach are the closest beaches.

Completion Date: Feb 2011

Property ID: 1740

1 BHK apartment at Candolim for Sale. It is a residential project with the resort type apartment in a gated community. Built by a well known developer. The amenities in the complex are swimming pool, landscaped garden, sit out and 24 hours security.

Candolim lies in Bardez Taluka, the southernmost beach of Bardez, near Porvorim. Goa’s capital city is only 13 kms away. Candolim is one of the longest beaches of Goa. Candolim-Calangute road. Nearby hotels include Taj Holiday Village and Whispering Palms Beach Resort, etc. Inspite of having plenty of shops, restaurants, the Candolim beachfront is less crowded and much peaceful than the other beaches in the North Beaches.

Area:
1 BHK: 53.74 – 73.81 sqm

Property ID: P1739

This is a ready to move in row house in North Goa for Sale. 3 BHK house with all amenities consist of children park, landscaped garden, parking etc. Reputed Bank has approved this project. The project is close to Mapusa market and bus stand. North Goa Beaches like Calangute and Candolim are at short distance drive.

3 BHK : 121.20 + 25 sqmt open Terrace ( Approx.1573 Sqft)

Property ID: P1729

Ready to move in 2 BHK flats near Candolim and Calangute Beach – Goa Beach Properties for sale. These are cheap flats in Goa that are walking distance to the famous Candolim beach in Bardez, North Goa.

Property Type: Residential Apartment

Location: Candolim Beach
Area Range: 845 to 861 square feet
Bedroom: 2 BHK
Prices starting from: 30 lacs
Posession: Read to move in

Set in the heart of Candolim Beach, but still far from the hustle and bustle of the Calangute-Baga crowds, Neighbouring beaches are Calangute and Baga beach to the north – Fort Aguada Road, and Sinquerim beach to the south. The capital city Panjim is less than 15 minutes drive via the scenic Coco Beach, Nerul, Reis Magos, Betim route across the River Mandovi. The alternate route to get to Panaji is via Calangute – Saligao – Sangolda till Porvorim along the CHOGM road and then turn right (south) along the NH17. This is one of the best property in Candolim. This area still maintains its old Goa charm among the north goa beach belts with greenery. Calangute – Baga are great places for water sports like para sailing and water scooters. If you are considering buying a property in Goa to be used as a holiday home and get capital appreciation on your investment, this is the best bet. Imagine stepping out and being on a beach that is not too crowded in less than 5-10 minutes, lazing around on the beach watching the waves gently lap the coastline, and being able to stroll back to your property in a few minutes. You can walk to Taj Holiday Village Resort or the Lemon Tree Amarante Beach Resort to savour delicacies in their fine dining restaurants, or snack at one of the many restaurants that dot the beach road or the shacks that hug the coastline.

The beach apartments are 2 bedroom hall and kitchen, located less than 1 km walk from the beach in a calm area.

Call +919823158551 to fix your date of viewing this property immediately. Limited availability, less than 10 apartments left.

Property ID: P1743

Area: Approx. 1460 Sq.ft

Property ID:  P1695

Your benefits of getting an OFFICIAL valuation done of your property by an independent and reputed Chartered Engineer / Government Approved Valuer: The formal valuation report will give a potential buyer greater confidence in buying a property, and thus usually enhances the marketability of a property. The report is also helpful in using the valued property as a security against a loan – the bank’s loan approval process becomes faster. The correct value of the property is also critical in situations such as a will, insurance, balance sheets etc. Some valuers are registered with the Government, and registered with Public Sector Banks / Private Sector Banks / Local co-operative banks, GIC, Home Loan companies, and some consulates.

Documents needed: For Land: Ownership document, Property card, Official Area Statement, Survey plan, zoning remarks, location map if available, property boundaries, etc

Documents needed: For Building: Approved plan, ownership document, construction license, completion and occupancy certificate, location map if available, property boundaries, etc.

Contact your nearest PropertyInIndia.co.in office to get started.

Common facilities : Power generator system, central overhead and underground water tanks of 10,000 liters capacity well equipped with 5 horsepower pump.

Area:
3BHK – 202 sq mt/2173.52 sq ft
4BHK – 262 sq mt/2819.12 sq ft

Nearby Attractions:
Majorda Beach: 1 km
Sunset and Utorda: 1.5 km

Once you decide which property to buy,
1. Study the payment plans, basic price and additional costs
2. Select from the property options available within the project
3. Check whether the property has a pre-approval by a reputed bank for a Home Loan – this usually reduces the risk from the purchase as the bank does a thorough check in verifying the property documents.
4. Meet the seller and finalise the booking with payment options and pay the booking advance.
5. Submit documents needed to the bank for the Home Loan – if needed (an in-principle home loan approval can be taken in advance)

At PropertyInIndia.co.in, we are in a position to use our experience and local knowledge to help you. Please contact our local office immediately to help you buy real estate of your choice.

This is a cosy project with Apartments in Chapora Vagator North Goa having a great view of the valley and landscaped gardens. The project has a rooftop swimming pool, beautiful garden and backup generator. Nearby places include Chapora Fort, Chapora Jetty, Vagator Beach and Ozran Beach. At a short drive away are Anjuna Beach, Siolim, and Mapusa. The project has spacious, well designed and extremely beautiful 1 BHK apartments, perfect for use as a Holiday Home or for Investment.

Completion: April 2012

Property ID:P1741

The circle rate is the minimum rate for valuation of properties for different categories. The circle rates in Delhi are, however, still lower than those in Gurgaon and Noida, while the value of properties is actually higher.

Built-up Area: This includes the carpet area of the apartment, plus area of the walls, and area of the verandah / balcony.

Super Built-up Area: This includes the built-up area of the apartment, plus the share of the apartment of common spaces like lobby, stairs, lifts, gym, garden and swimming pool, etc.

The project is located in a nice airy and green surrounding with new Indepedent villas in  secured community .Villas are constructed on indepedent freehold plots with separate sale deeds. The project offers ameinties Like 24×7 Security, Landscaped Gardens, Walking Path, Club House, Swimming Pool, Creche, Tennis Court, Basketball Court, etc.

Located at Porvorim, the project is under 10 minutes from Panaji and Mapusa, and under 15 minutes from Calangute, Baga and Candolim Beach. Shops, Restaurants, Hospital are within 5 Kms in radius from this project.

Property ID: P1732

Site Plan

With  abundance of placid lakes, ruins of ancient forts and hidden tunnels located a known Tivim village in Tiswadi taluka with a residential apartments for sale.

Apartments-1BHK,2BHK & 3BHK+open terrace  having Landscaped garden, Swimming pool , 24X7Security, Parking, Decorated Entrance Lobby.

The Nearby places includes Colvale and Assonora with Pirna, Revora and Nadora & Northern Beaches-Vagator, Anjuna, Baga, Calangute,Tivim industrial estate, Mapusa, Bicholim.

Property ID: P1737

Proof of Identity & Residence:
Application form with photograph
Photo Identity document such as Passport, PAN Card, etc.
Ration Card / Telephone or Water Bill

Proof of Income:
Latest Salary-slip
Form 16

Repayment & Expense Track Record:
Last 6 months bank statements
Details of other loans taken

Banks will ask you for additional documents – these will depend on your specific profile, credit history, etc.

Built-Up Area: This is the area of the flat that includes the Carpet Area and the area covered by the walls.

Super Built-Up Area: This is the area of the flat that includes the Built-Up Area, and the flat’s proportionate share of the common areas such as the lobby, staircase, lifts, passage outside an apartment, etc. This is applicable only in multi-family projects such as apartment buildings.

There is no fixed ratio of super built-up to built-up or carpet area. This depends on the project design, and depends on the space for common facilities. Older apartments usually had a higher carpet area to super built up area ratio.

A typical 2 BHK apartment may be, say,
100 square metres (equiavlent to 1,076.39 square feet), or
1,000.00 square feet (equivalent to 92.90 square metres)

A farmhouse land parcel may be 1 acre (equivalent to 43,560 square feet or 4,047 square metres)

The above units will normally be sufficient for most property transactions. However, you may also need these units to measure land area.
1 Hectares = 1,07,639.10 square feet
1 Bigha 1 = 17,424.00 square feet
1 Biswa 1 = 3,48,480.02 square feet
1 Bigha 2 = 27,225.00 square feet
1 Biswa 2 = 5,44,500.00 square feet
1 Kottah  = 720.00 square feet
1 Kanal = 5,399.22 square feet
1 Marla = 1,07,984.48 square feet
1 Ground = 2,400.00 square feet
1 Cent = 435.54 square feet
1 Aankadam = 71.99 square feet
1 Perch = 272.30 square feet
1 Rood = 10,892.00 square feet
1 Guntha = 1,089.00 square feet
1 Chatak = 450.00 square feet
1 Are = 1,076.39 square feet

Note that traditional units of area, such as Bigha etc., vary from region to region. For example,
In Bengal, 1 bigha is 1333.33 square metres.
In Bihar, 1 bigha is 2,528.82 square metres.
In Madhya Pradesh, 1 bigha is 1,114.84 square metres.

Disclaimer: Conversion rates may be approximates. Use them to calculate approximate converted areas in a unit you understand. Avoid using them while finalising prices or legalities.

Sirs,
The current discussion in the media on the topic of purchase of properties in Goa by foreigners appears not to be emphasizing on the main issue i.e. the enforcing measures that are to be taken:-

(a) for ensuring that the already existing laws like the Foreign Exchange Management Act, 1999 read with the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 are enforced in the right spirit by the authorities under those statutes or by the Home Department and

(b) Empowering other Public Officers like (i) the Sub-Registrars appointed under the Registration Act, 1908 to withhold the registration of such documents till the proper authorities under the FEMA or the Home Department etc. issue a Clearance or No Objection Certificate for the registration of such documents of foreigners or on (ii) the authorities subsequently mutating the properties in the name of the foreigners.

It is hoped that in today’s discussions, these points would be touched.

Based on my personal experiences before retirement as the Goa State level Officer in the Registration Department, I am attaching hereto some annexures to help in getting a clear and actual picture on the aspect of the registration of documents of foreigners. The same are on the following specific topics:-

Annexure A – The Nature of the Registration Process.
Annexure B – The FEMA vis a vis The Registration Act.
Annexure C – Some Gaps in the Implementation Machinery.
Annexure D – Suggested Line of Approach.

Sd/-
(Adv P.V.S. Sardessai)
Retired State Registrar of Goa.

ANNEXURE – A

A] THE NATURE OF THE REGISTRATION PROCESS:-

1) It is a well settled position in law, buttressed by uniform judicial decisions, that the Sub-Registrars appointed under the Registration Act 1908 have little discretion under that Statute of Parliament to refuse registration to documents presented for registration, when such documents happen to meet all the prescriptions under the said Act and the requirements under any other law which “has been definitely made supplemental to the Registration Act”. Section 35 of the said Act using the word ‘shall’ is also very specific ad categorical about this aspect. Moreover, Rule 40 of the G.D.D. Registration Rules 1965 further emphasizes this position when it opens up with the following words: “ (1) Before accepting any document for registration, a registering officer may not concern himself with its validity, but shall ascertain …. “ etc.

2) The supplemental laws mentioned above usually are in the format of a non obstante (notwithstanding) clause in the later Act, expressly providing that ‘notwithstanding anything in the Registration Act 1908, no Registering Officer appointed under that Act shall register a document unless’ some condition is satisfied.

Such prescriptions are normally enacted in the concerned subsequent Acts directing the Registering Officers appointed under the said Registration Act in the following manner:-

(i) ‘not to register’ till some N.O.C. or Clearance certificate from a prescribed authority is furnished. In such cases, there is no prohibition against accepting a document validly presented for registration. In such cases the Registering Officer has to accept the document presented for registration and proceed with all the registration formalities under the Act short of ordering the same for registration. The document will be kept pending till the parties remove the express impediment mentioned in the supplemental law. Some examples are : A tax clearance certificate under Sec 230-A of the Income –tax Act 1961 (now omitted) or N.O.C. under sec 49(6) of the G.D.D. Town & Country Planning Act 1974. As and when such impediment is removed, the document is necessarily to be registered without any unreasonable delay as laid down in the statutory rules.

(ii) Another type of such restraining condition is to direct that till the prior requirement is met, the document shall ‘not be accepted for registration’. In such cases the Registering Officer cannot take up any part of the registration procedure at all, including the acceptance of a presented document. Such provisions being of a more fundamental and drastic nature, they are usually embodied in the Rules or in the Act itself, some examples being: the direction to refuse to accept where a document is not accompanied by its True Copy under the 1986 Amendment to the Registration Rules, or as in the Maharashtra State, the supporting documents like clearances etc, are to necessarily accompany the documents at the time of the presentation itself and not later, so that documents are not kept pending in office indefinitely till the parties comply. (This has also relevance to the computerization of registration procedure which incidentally is going to be shortly introduced in Goa too).

3) The registering officers are quasi judicial authorities, all the proceedings before them being declared under sec 84 (3) of the said Act as “judicial proceedings” for purpose of sec 228 of he Indian Penal Code i.e. in cases of interruption (obviously without authority of some statutory provision) and insult. The officers are also statutorily required to give promptly and free of cost, copies of their orders of refusal to the affected parties, clearly and expressly mentioning therein the legal grounds and he reasons for their refusals which could in turn be challenged by the interested parties in an appeal and thereafter, if the refusal is upheld, by filing a suit in a Civil Court.

It follows that the Sub-Registrars cannot refuse registration at the request or whimsical directions of others when such directions are not founded on any express statutory powers authorizing the interruption of the registration procedure.

4) It is also a well settled position in law that “ it is no part of the duty of a Registering Officer to embark on any inquiry into the legality of a document or to consider extraneous issues like: whether the document is hit by some other law, or about the truth or falsity of any recital in the deed, the fact of payment of consideration or similar issues, while accepting a document for registration” He is not even expected to read out the document to the parties before recording their admission of execution. The statutory procedure for registration is formal and rigid and the inquiry by the registering officers is restricted to the matters prescribed within the four corners of the Act as well as in the provisions of any other law ‘made expressly supplemental to the Registration Act’. The prime object of registration is to authenticate and record documents and make available certified copies therefrom for evidentiary purposes. A Registering Officer acting outside the scope of his statutory duties by refusing documents without statutory authority would be opening himself for challenges in Court and also for possible allegations of malafides or ulterior motives.

ANNEXURE – B

B] THE FOREIGN EXCHANGE MANAGEMENT ACT & REGISTRATION

At the outset itself, it is to be made clear that the FEMA contains no restricting provisions restraining registration of documents of foreigners. So also, none of its provisions is seen to have been made ‘expressly supplemental to the Registration Act 1908, to refuse or delay the registration of the documents of foreigners. Such an act would be ultra vires his statutory mandate. Also, the present article writer, after the news reports, carried on inquiries with the Registration Department and learns that as on the date of this article, no written instructions have been issued by the Govt, or by other statutory authorities to the registering officers not to register property documents of the foreigners as mentioned in some articles or that any disciplinary action was contemplated in this matter for alleged breach of any rules by these officers while registering documents of foreigners. In fact, it is doubtful whether any action could be legally taken in the matter, when no statutory prescriptions under the law, as it stand at present, were breached.

ANNEXURE – C

C] SOME GAPS IN THE IMPLEMENTATION MACHINERY

I had been privy to some developments in the matter while in service and mention hereunder some events/facts as they actually occurred:-

1) In November 1998, the Goa Govt., under information from the Govt. of India, Ministry of Finance (Department of Economics Affairs) New Delhi, issued instructions to the Sub-Registrars to insist on the permission of the Reserve Bank of India while registering acquisition of property documents by foreigners on short tourist visas. These instructions were issued in view of Section 31 (1) of Foreign Exchange Regulation Act 1973. This was also given wide publicity in the offices of the Sub-Registrars. These instruction were logically in force till the said FERA was repealed by Sec 49 of the Foreign Exchange Management Act, 1999 which liberalized and made clear the rules in respect of the purchase and transfer of properties by foreigners.

2) However, a practical difficulty arose in that the R.B.I. would not issue any permission in writing in individual cases of sale deeds on the grounds that ‘eligibility or residential status of individuals is not decided by RBI but by the operation of law i.e. the provisions contained under FEMA, 1999’ The RBI issued replying letters against the applications by foreigners mentioning only the legal position viz. that a foreigner could buy property if he met the conditions laid down in section 2(v)(i)B of the FEMA i.e. if he were a ‘resident’ within the meaning of that section. The issue about the actual control and verification of the averments by foreigners, in keeping with the spirit of the Govt. of India instructions continued to remain in suspended animation.

3) A strange fall out of this state of affairs was that the sale deeds and other property documents of foreigners started remaining pending in the offices indefinitely, the Sub-Registrars hesitating to register the same in view of the spirit of the November 1998 instructions of the Govt. issued under the repealed FERA and also being unable to refuse or indefinitely hold back the registration in view of the clear mandatory statutory provisions of the Registration laws. Under the existing laws, the Registering Officers do not happen to be the inquiring/adjudicating authorities under section 13 of the FEMA in respect of the Foreign Exchange issues. After studying the matter from the legal angle, a practical solution was chalked out which was in harmony with the requirements of the existing Registration laws as well as with those of the FEMA r.w. the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000. This was done by way of instructing the Sub-Registrars to register the documents of foreigners after obtaining their affidavits declaring tht they fulfilled the conditions as to the requirement of residence as laid down in Section 2(v)(i)B of the FEMA. These instructions were also later approved by the RBI authorities.

ANNEXURE – D

D] SUGGESTED LINE OF APPROACH:

(1) The appropriate way to keep a watch and legal control on the illegal transactions by some unscrupulous foreigners, would be to enact a proper amendment (on the lines of the omitted section 230-A of the Income-tax Act 1961 or Sec. 49(6) of the G.D.D. Town & Country Planning Act 1974, by adding a non obstante clause to FEMA or to other relevant laws, requiring the Sub-Registrar appointed under the Registration Act, 1908, not to register the documents of foreigners till the concerned parties furnish a Clearance or a No Objection Certificate from some prescribed authority connected with the subject. Some authorities to be suggested would be : the ‘Adjudicating Authority under Sec. 13 of the FEMA’ or the Home Department. Merely issuing administrative instructions to the Sub-Registrars would not be desirable since the proceedings before these officers are quasi judicial in nature.

(2) Other public authorities like Mutation Officers also should be required to insist on a copy of such Clearance/N.O.C. while processing the mutation matter.

(3) Responsibility should be fixed on some Implementing Authority under the Foreign Exchange Regulations, like either “The Directorate of Enforcement” under Sec 36 of FEMA 1999 (or if deemed fit, on the Reserve Bank of India or on the Home Department of the Centre/State to issue such Clearances/N.O.C.s for the purpose of clearance of the foreigners’ transactions.

Sd/-
(P.V.S. Sardessai) Retired State Registrar & Head of Notary Services.
(Article from Goa Su-Raj Party website)

Some builder may start the construction without having all necessary approvals. The NOC may be missing from some Government department. The construction may not be as per approval. The agreement between the builder and the owner of the land may be a problem.

To safeguard your investment, you should
- Buy properties in projects that are approved by a reliable bank like HDFC, ICICI, SBI etc.
- Hire a good independent lawyer, and
- Checking an older construction of the same builder
- Use the services of a trusted real estate agent

At PropertyinIndia.co.in, we are in a position to use our experience and local knowledge to help you. Please contact our local office immediately to help you buy real estate of your choice.