Saturday, 16 November 2019

How to Write a Mortgage Contract We Prepare lease agreement and Mortgage agreement

How to Write a Mortgage Contract


The mortgage contract is a legally binding document between a borrower and lender that identifies what the mortgage is for, how the proceeds will be used and what rights the borrower and lender have. Lenders and real estate brokers typically draft this mortgage contract during the property sale process and can modify certain sections as they apply to their firm's or business's policies.

Create Article 1: Definitions. This section lists all of the defined terms used in the mortgage contract. Here you will specify what real estate terms and lender terminology mean, such as Access Laws, Allocated Loan Amount, Affiliate, Deposit, and Default Rate. These terms will vary significantly by the lender and whether the mortgage contract is for a residential or commercial property. List each term and its definition in alphabetical order.

Write Article 2: Borrower's Representations, Warranties, and Covenants. This section will list all borrower's rights under this mortgage contract, as well as any warranties that will be included as part of the agreement. Examples of sections here would include Existence and Ownership; Financial Information; Condition of Properties; Physical Condition; Survey; Security Interest and Bankruptcy.
Define Article 3: General Conditions of Loan. This section will list exactly what type of loan documents are being drafted and what types of a title policy, survey, lender's inspection, and insurance information are included as part of the agreement. List each component as a subhead to keep everything organized.
Write Article 4: Further Covenants of Borrowers. All financial information related to mortgage taxes, liens, accounting, and leasing policies will be listed in this section. This section may also include information about litigation and auditing and inspection policies for commercial properties.
Define Article 5: Agreement to Lend. This section identifies the key parties involved in the mortgage, the use of the loan proceeds and any rules or regulations regarding the partial release of the loan.
Write Article 6: Insurance and Casualty. This section lists all insurance coverage, casualty and condemnation clauses.
Create Article 7: Borrower's Default. This section is a list of policies and legal rights the lender has in the event of a default. Most banks and financial institutions have a boilerplate statement of this policy, which can be inserted here.
Define the Miscellaneous section. This final section will include information about transfers, waivers, notice policies and rights to a written agreement. Every lender will have their own set of clauses to list here, depending on the type of transaction and property.

અમદાવાદ મા કોઇ પણ પ્રકારના સરકારી કામ માટે મળો

સર્વિસ ટેક્સ સરકાર કાયદા મુજબ લાગુ પડશે.

અમે તમને ઘર બેઠા સર્વિસ પુરી આપીશુ

Office:
VERITAS THE TEAM
127, Sahajanand Park
Nr Swaminarayan Temple
Shahibaug Ahmedabad 380004
Ph: 079-40099917,9426497770
Mail: veritas.smeet@gmail.com
www.veritastheteam.com

Thursday, 10 October 2019

Computerization of Land Records and E-Dhara Ahmedabad 9426497770 / 079-40099917

Computerization of Land Records and E-Dhara

Land records are being maintained for various purposes including levy and collection of various taxes and land revenue, which was the principal source of revenue for the states. The cadastral survey was completed in the year 1960 for the entire state. This survey served as the basis of the land records. Transfer and changeover take place over lands due to Sale, Inheritance, Hier, and Distribution, etc.. These changeovers are considered as mutations are brought in records by way of updating the land records manually by Talati at the Village.
E-dhara has won award for best e-governance
E-Dhara has won an award for best e-governance


"The Bombay Land Revenue Code, 1879” is the governing law for land Records in the State. Requisite changes and amendments have been effected in the Code from time to time. This Land Revenue code is uniform across Gujarat
The importance of the instant availability of these land records has become significant in this era of development. Record of Rights (RoR) is maintained, updated and is needed for various purposes such as - for obtaining crop loans, hypothecation of land, getting electricity connection, subsidies, etc. Land records are updated with crop data every season and this information is used for various analysis purposes. Land records also form the basis to carry out mutations such as changes in ownership title due to inheritance, sale, acquisition, inheritance, etc.
Land records are extremely important since land is the primary source of sustenance for a majority of the population. However, the manual system of record keeping has become cumbersome, opaque, susceptible to manipulations and hard to administer. Traditionally, Talati maintains this data in a manual register known as Village Form 6. He is the custodian of this data and carries out all changes to when authorized by a competent revenue officer (Circle Officer, Dy mamlatdar-Land, Mamlatdar, etc.) who approves for changes in the land records.
Revenue Department took the initiative of digitizing 7/12 and 8A by Computerization of Land Records Project. It took mammoth efforts of 8000 man-months to digitize 1.5 crore land records across the State. Data digitization was not an end to the problems faced with manual records. Tasks viz. online validation of data at the time of data-entry, bulk printing of 4 types of verification prints of 1.5 cr. records, verification of prints with a manual original record by multi-level revenue officials, corrections in computerized data as suggested during verification, display of computerized record for public observation at the village, etc. need to be charted out and completed in time, else digitized data become obsolete before putting to use.
It was envisaged that if digitized data is not to put to use and the manual system is still continued, computerized data shall, in turn, become only an archived repository of land record data and nothing more than that.
A complete system consisting of (1) Issuance of computerized RoR from the dedicated counter in Taluka office and (2) Receiving mutation application and processing it in online mode was envisaged to be in place immediately.
The key factor in introducing computerized RoR as the only legal record in force was stopping the manual record. A preparatory exercise of free copy distribution for public verification prior to stopping of manually maintained land records at the village level was taken-up. The exercise included activities viz. updating computerized data, first hand on-screen verification, bulk printing of free copy in computerized format, verification of prints with manual original record by multi-level revenue officials, distribution of free copy, accepting objections thereof, conciliation of objection with manual record, Tehsildar’s order to carry out correction followed by correction process. 97% of the landholders have been given a free copy of the computerized RoRs. Certificates from the revenue officials are obtained as regards the distribution. This exercise brought awareness about the new system in end-user citizens and affirmation of data quality from end-user.
System of regular and as & when updating of computerized records according to registered mutations decided to be established. Receiving mutation application and processing it in online mode through a computer which in turn update computerized RoR data needed a complete computerized Land Record Management System in place. Thereby, e-Dhara Land Records Management System was conceptualized to manage land records by using IT as a tool. The envisaged system was designed to provide prompt issuance of computerized RoR across the counter & online updation of land records. to implement the project in a controlled fashion, initially at Junagadh district on a pilot basis. Within the pilot district, Vanthali Taluka was selected as Pilot Taluka, based on which district-wide rollout of e-Dhara was done.
The new system brought about a sea change in the way land records maintained and administered in the Junagadh District. The system not only simplified the process of record-keeping but also provided many collateral benefits.
The State has initiated an online mutation state-wide implementation roll-out Plan. Required minimum hardware as per revised guidelines of GOI to implement an online mutation management system is not provided to talukas. GOI fund for this purpose has been received very recently. Every district has started online mutation operations at least in 2 talukas as pilot work. The State has implemented online mutation operations in all 225 talukas as on 01-04-2005.

Monday, 9 September 2019

How to check Property Records and Land Records online in India? Ahmedabad . 9426497770 / 079-4099917

How to check Property Records and Land Records online in India?

Monday, 26 August 2019

Powers & Duties of Officers AHMEDABAD 9426497770 / 079- 40099917

Powers & Duties of Officers

Police Commissioner

Under the guidance of Director General of Police, Gujarat State, he has to look after the administrative matters of police force under the jurisdiction of the Police Commissionerate, to regulate and to guide in the matters of procedures, orders, study of law, exercise, parade, arms and ammunition, to maintain law and order and to inspect the police stations at regular intervals.

Joint Police Commissioner/Additional Police Commissioner (Sector In-charge)

He has to perform all works and duties assigned by the Commissioner of Police. Moreover, as and when required, he has to guide and issue necessary instructions to Deputy Commissioners of Police, Assistant Commissioners of Police, Police Inspectors under his jurisdiction. He has also to pay visit quite often to the crime sensitive areas in order to ensure law and order in such areas and to supervise and to maintain the discipline of the men under him.

Deputy Commissioner of Police (Zonal In-charge):

He has to perform all works and duties assigned by the Commissioner of Police. Moreover, as and when required, he has to guide and issue necessary instructions to Assistant Commissioners of Police, Police Inspector and other under his jurisdiction and to supervise and to maintain the discipline of the men under him. He has also to provide guidance to the men under him, to study the offences minutely, to pay surprise visits, to investigate the serious crimes, to take action to prevent occurrence of crimes and to visit crime-sensitive areas regularly, to ensure the situation of law and order and communal harmony in his jurisdiction and to maintain the atmosphere of discipline among the police force.

Assistant Commissioner of Police (ACP) (Divisional In-Charge):

He has to perform all works and duties assigned by the Commissioner of Police and other higher officers in the Commissionerate. He has to guide and supervise the officers and men under him and to maintain their discipline. He has to pay the visit of Police Stations, to undertake night round, visit of the offenses of serious nature and to obey and execute the orders of the higher officers. He has to investigate the crimes, to prevent them to occur and to supervise. He has also to take roll-call during his visit to Police Station, to arrange surprise night-round, and to ensure during such rounds that all the officers and men under him are alert.

Police Inspector (PI) Police Station In-Charge:

He has to perform general supervision of the Police Station. He has the responsibility of discipline of his subordinate officers and staff. He has to see to it whether offenses occurring in the area are registered properly in the Police Station or not, whether they are properly investigated or not. Furthermore, he himself has to investigate in important cases and to investigate in the cases assigned by his higher officers. He has also the responsibility to provide guidance to his subordinate officers and staff. He has to perform his duties diligently as per the special orders of his higher officers.

Police Sub-Inspector (PSI) (Police Chowki /Investigation/ Surveillance Squad In-Charge)

He was the responsibility to investigate properly the offenses occurring in his area and to obtain information during an investigation. He has to perform duties of preventing the occurrence of cognizable offenses, to take necessary action in accordance with law after obtaining guidance from his higher officers for taking action against the offenders of crime and to perform Petrol Duty, Night Round Duty, Parade and other duties as per the orders of the higher authorities.

Assistant Sub Inspector (ASI) / Head Constable :

To obey and execute the orders of Sub Inspector and higher authorities and to get them obeyed and executed from the constables. He has to inform his Sub Inspector about the possible occurrence of an offence in his area and has to search for the offences without waiting for the orders and to start investigation in the matter. He has to prevent the offences to occur, to maintain the situation of law and order and to obey and execute the orders of his higher officers.
In case of an accidental or suspicious death, he has to prevent the dead body to be allowed to burn without waiting for the orders of the higher authorities. He will be an assistant to Sub Inspector during taking Parade. He will inform his Sub Inspector about the sensitive area and will help the Sub Inspector for visit of such a place. He will collect the information about the offenders and criminals and will keep his Sub Inspector informed about the same.

Police Constable:

He has to perform all duties which may be assigned to him by his higher authorities. He has to maintain the situation of law and order, to search the offences and crimes and to prevent them to occur, to serve the summons and warrant, to perform Naka duty, to bring and take away the criminals under his security and to perform duties as per B.P. Act at the time of transfer of money from one place to another and public and private properties. Whenever any offense occurs, he has to immediately to detain the offenders without any warrant and to inform his higher authority forthwith. At the time of fire or fear he has to help the public for their protection and security and to take all precautionary measures, to investigate crimes and offences and to protect the individual and the property.

Thursday, 22 August 2019

10 Frequently Asked Questions About Ahmedabad Real Estate Market Ahmedabad .9426497770 / 079- 40099917

10 Frequently Asked Questions About Ahmedabad Real Estate Market

Every prospective homebuyer has a lot of questions on their mind when investing in a property in a specific locality. Is the project I am planning to invest in safe? Is the price right? Is the seller genuine? Will I get value for money in a slow market? All these questions would confuse you. PropGuide answers some of the frequently asked questions for homebuyers looking for investing in the Ahmedabad real estate

Q: Which are the most popular real estate pockets of Ahmedabad?
Bhopal, Chandkheda, Gota and SG Highway (near the Vishnu Devi Circle and near the Nirma University), are among the popular real estate destinations with high demand. 
Q: What is the average property price in Ahmedabad?
A homebuyer can purchase a 1BHK unit in the city for a starting price of Rs 17.50 lakh while 2BHK units will cost about Rs 33 lakh. The 3BHK units can command as much as Rs 72 lakh and 4BHK units can go up to Rs 1.74 crore. If you are looking for further higher configurations, average prices could go up to Rs 7.50 crore.
Q: What configuration and property type is most popular among homebuyers? 
Apartments remain the preferred choice in most cities these days and it is true for Ahmedabad as well. According to data available with PropTiger DataLabs, there are over 1,600 projects for sale in Ahmedabad and over 1,100 of these projects are highrises. 
As for the configuration, the 3BHK units are popular although 2BHKs is a close second. Given the affordable prices in the city, home buyers choose a bigger configuration. However, you must make a decision based on your family size and needs. You must also align your decision with the fact whether you are going to use the house for yourself or as an investment expecting rental returns. 
Q: Which are the best localities to buy a house in Ahmedabad if I am planning to put it on rent? 
Business areas naturally farewell. For working professionals, Chandkheda, Motera, Sarkhej, areas near SG Highway, Thaltej and Vastral, are popular.  There are over 11,400 properties on rent in Ahmedabad and the rental range varies between Rs 5,000 to Rs 1.50 lakh per month. 
Q: Which are the best real estate developers in the Ahmedabad market?
Some of the reputed builders in the city include names like Adani, Sun Builders, Applewood Estates, Savvy Infrastructures, Godrej Properties, Pacifica Companies, Sheetal Infrastructure, Aaryan Builders, Addor Realty, Aroma Realties, Shagun Constructions, etc. It is advisable that you do a research on the track record of real estate developer in your city before an investment. 
Q: What is the average rate of property in Ahmedabad real estate market?
On average, property rates in the market stand at Rs 2,900 per sq ft but will vary across localities and projects depending upon what the seller is offering you. The exact location of the house, access to conveniences such as provision stores, hospitals, schools, job districts in the vicinity would mean that the unit stands a chance to be sold at a premium. 
In April 2013, average prices stood at Rs 2,600 per sq ft which means prices have remained fairly stable since then. It is a good time to buy given that a prospective buyer has the price advantage. With real estate slump fading away, prices may spiral up in months to come. 
Q: Should I opt for an under-construction apartment or a ready-to-move-in unit?
This would depend on whether or not you are looking at immediate end-use. More and more buyers have preferred ready-to-move-in flats in recent years given the project delays. However, with an under-construction flat, you have the advantage of price economy. If you are confident about the complete schedule of a developer, an under-construction property could be good. In case you want to save up paying the equated monthly installments (EMIs) and rent at the same time, ready-to-move units could be good. Weigh your budget and make a suitable decision. Ready possession homes also have the advantage in terms that you would know what you are getting into unlike in the case of an under-construction unit. 
There are over 320 under-construction projects and over 1,200 ready-to-move units in the Ahmedabad property market. 
Q: How will RERA Ahmedabad help?
The Real Estate Law made sure that every Indian state (except Kashmir) should have a state real estate regulatory authority (RERA). Ahmedabad falls under the Gujarat RERA, the website of which became operational July this year. In the absence of a structured marketplace, the RERA aims to make home-buying simpler and transparent. The authority will display the details of the project and developers on its website and homebuyers can make their decision. 
It is also an enforcing authority. Recently, it passed a circular which made clear that defaulting developers would have to pay a penalty. It said, "Promoter/Developer who does not apply for the registration of their ongoing projects before 1/10/2017 will be required to pay a registration fee and a penalty equivalent to the registration fee for applications during the period from 1/10/2017 to 31/10/2017. From 1/11/2017 to 30/11/2017, the amount to be paid at the time of registration would be the registration fee plus two times the registration fee as a penalty. This would not in any way reduce the element of liability in the event of other defaults including intentional delay in registration, false representation, etc. For every application made on or after 1/10/2017, the promoters shall furnish a letter giving the details of reasons for the delay in the registration based on which Authority would be free to take a view on the liability.”
Such a provision would ensure that a developer is rolling out a legal and safe project into the market. Opt for a RERA-compliant project and a registered agent. As of date, 738 projects and 291 real estate agents have been registered with the Gujarat RERA. You can see the details here.
Q: Which are the affordable housing destinations in Ahmedabad?
If you are looking at a property within Rs 50 lakh, you could consider localities like Bopal, Chandkheda, Gota, Makarba, Santhal, SG Highway, Shela, and Thaltej.
Q: What about plotted developments in Ahmedabad?
If you are looking to invest in plots, there are over 100 different projects to choose from. The price ranges from Rs 4.6 lakh to Rs 72 lakh depending upon the size and location of the plot. You can look at Bavla, Bholad, Changodar, Dhokla, Dholera, Fedora, Kamiyala, Mandal, Mankol, Nalsarovar, Nava Naroda, Rethal, Sachana, Sanand, Shilaj, and Vataman, for plots.

તમને જો નીચે પ્રમાણે ની કોઈ સેવાઓની  જરૂરિયાત હોય, તો  મેહરબાની કરીને અમારો  સંપર્ક કરવા વિનંતી  ઘર બેઠા સર્વિસ આપવામાં આવશે

  1. Gumasta ધારા (દુકાનો અને મહેકમ) લાઈસન્સ & નવીકરણ
  2. નોટરી / સોગંદનામું
  3. જન્મ પ્રમાણપત્ર
  4. લગ્નની નોંધણી / લગ્નનું પ્રમાણપત્ર
  5. પાસપોર્ટ તાજા, નવીકરણ, મુખ્ય નાના
  6. નામ ટ્રાન્સફર વીજળી , મ્યુનિસિપલ કોર્પોરેશન, ગેસ એજન્સી
  7. પાન કાર્ડ નવા / કરેક્શન
  8. gst return filing (through C A)
  9. આવકવેરા રીટર્ન
  10. કાનૂની દસ્તાવેજો સુધારાઓ
  11. મની લોન્ડરિંગ લાયસન્સ
  12. આરોગ્ય લાઇસન્સ
  13. વ્યાવસાયિક કર
  14. નિકાસ આયાત લાઈસન્સ
  15. ડ્રાઇવિંગ લાયસન્સ, નવીકરણ, આંતરરાષ્ટ્રીય
  16. મિલકત, બેંક, સરનામાં ટ્રાન્સફર માટે અરજી
  17. વેચાણ કરાર, વેચાણ ખત
અમદાવાદ મા કોઇ પણ પ્રકારના સરકારી કામ માટે મળો
સર્વિસ ટેક્સ સરકાર કાયદા મુજબ લાગુ પડશે.
અમે તમને ઘર બેઠા સર્વિસ પુરી આપીશુ

Office:
VERITAS THE TEAM
127,Sahajanand Park
Nr Swaminarayan Temple
Shahibaug Ahmedabad 380004
Ph: 079-40099917,9426497770
Mail :veritas.smeet@gmail.com
www.veritastheteam.com

Monday, 5 August 2019

Property management Ahmedabad 94264977717 / 079-40099917

We help and assist clients for following services
  • Tenant Management
  • Rent and license fee collection and deposits
  • Utility bills payments and records
  • Buying Assistance
  • Selling Assistance
  • Legal Assistance
  • Documents procurement
  • Updating records at various government, semi-government or non-government department i.e. torrent power.
Time duration: minimum of 5 to 15 working days with all formalities.
Charges: depends upon categories, type of assets and entity as self, trust or company, partnership, Pvt ltd or ltd. & Government fee will be separate.
Associated services of a qualified team of skilled professionals/ advocates will be rendered in some cases


Saturday, 3 August 2019

What Exactly is a Geotechnical Investigation? Ahmedabad 9426497770 / 079-40099917

What Exactly is a Geotechnical Investigation?


If you’re considering purchasing or developing a property, someone might recommend having a geotechnical evaluation done. It sounds like a good idea – but what exactly is a geotechnical evaluation, and why should you have one done?
Geotechnical evaluations study the physical properties of soil and rock to identify potential construction problems and evaluate distress to earthworks and structures caused by weakness or failure of subsurface materials; such data is necessary to have before creating foundation designs and other structural plans.
Geotechnical evaluations are also conducted following catastrophic failures such as sinkholes, and sometimes banks or other financial institutions require them before loan disbursement.
What happens during a geotechnical evaluation?
Geotechnical evaluations usually consist of multiple components. First, a geotechnical engineer or engineering geologist performs a surface evaluation, which may include a site walk, reviewing maps and aerial photographs, or geophysical surveys. The second phase involves soil sampling, typically by using a drill rig to conduct test borings that provide valuable data related to soil properties and stratigraphy.
During test borings, samples are often collected for further laboratory testing; the geotechnical engineer uses the results of such tests to evaluate for site suitability and final design recommendations.
Why are geotechnical evaluations so important?
The primary reason for geotechnical evaluations is to find possible anomalous subsurface conditions before beginning a project – versus being surprised mid-project. The costs of not performing an evaluation can be astronomical.
ATC provides a comprehensive mix of Geotechnical Engineering services throughout all phases of feasibility/planning, design development, construction, and post-construction. With ATC, you will have access to a diverse group of geotechnical engineers, LEED® accredited professionals, materials engineers, roofing professionals, and certified engineering technicians.
તમને જો નીચે પ્રમાણે ની કોઈ સેવાઓની  જરૂરિયાત હોય, તો  મેહરબાની કરીને અમારો  સંપર્ક કરવા વિનંતી  ઘર બેઠા સર્વિસ આપવામાં આવશે

  1. Gumasta ધારા (દુકાનો અને મહેકમ) લાઈસન્સ & નવીકરણ
  2. નોટરી / સોગંદનામું
  3. જન્મ પ્રમાણપત્ર
  4. લગ્નની નોંધણી / લગ્નનું પ્રમાણપત્ર
  5. પાસપોર્ટ તાજા, નવીકરણ, મુખ્ય નાના
  6. નામ ટ્રાન્સફર વીજળી , મ્યુનિસિપલ કોર્પોરેશન, ગેસ એજન્સી
  7. પાન કાર્ડ નવા / કરેક્શન
  8. gst return filing (through C A)
  9. આવકવેરા રીટર્ન
  10. કાનૂની દસ્તાવેજો સુધારાઓ
  11. મની લોન્ડરિંગ લાયસન્સ
  12. આરોગ્ય લાઇસન્સ
  13. વ્યાવસાયિક કર
  14. નિકાસ આયાત લાઈસન્સ
  15. ડ્રાઇવિંગ લાયસન્સ, નવીકરણ, આંતરરાષ્ટ્રીય
  16. મિલકત, બેંક, સરનામાં ટ્રાન્સફર માટે અરજી
  17. વેચાણ કરાર, વેચાણ ખત
અમદાવાદ મા કોઇ પણ પ્રકારના સરકારી કામ માટે મળો
સર્વિસ ટેક્સ સરકાર કાયદા મુજબ લાગુ પડશે.
અમે તમને ઘર બેઠા સર્વિસ પુરી આપીશુ

Office:
VERITAS THE TEAM
127,Sahajanand Park
Nr Swaminarayan Temple
Shahibaug Ahmedabad 380004
Ph: 079-40099917,9426497770
Mail :veritas.smeet@gmail.com
www.veritastheteam.com