CategoriesBuying Real Estate in Jaipur

Stamp Duty and Registration Fee in Rajasthan for Updated ( FY 2023 )

Updated Stamp Duty and Registration Fee in Rajasthan for FY 2023
Registration Charge in Rajasthan:

As per Section 10 of the Act, the payment of stamp duty in Rajasthan is permissible through adhesive stamps, impressed stamps, and a franking machine. When considering the stamp duty adjustments for a property Sale Deed, the changes can be outlined as follows:

STAMP DUTY & REGISTRATION CHARGES IN RAJASTHAN (FY 2023)
Gender Stamp Duty Charges Registration Fees Total Registration Charges
Male 6% + Surcharge (30% of 6%) 1% 8.80%
Female(General) 5% + Surcharge (30% of 5%) 1% 7.50%
Female (SC/ST/BPL) 4% + Surcharge (30% of 4%) 1% 6.20%
Disabled (40 – 80%) 4% + Surcharge (30% of 4%) 1% 6.20%
Disabled (Above 80%) Remitted* 1% 1%
Transgender Remitted* 1% 1%

* Stamp duty rebate is given on submission of the certificate of identity

Additional Charges (If applicable) –

  • If you paying stamp duty and registration charges in cash, you’ve to give cash handling charges – (Between Rs.100-200)
  • CSI Charges –
    • If Property Value is Under Rs.50,000 – Rs.200 (Fixed)
    • If Property Value is Above Rs.50,000 – Rs. 300 (Fixed)
  • The Registration amount has to be paid in cash or in DD or A/c Transfer. Apart from these charges Advocate fee is additional.

Stamp Duty and Registration Fee in Rajasthan for FY 2021
Registration Charge in Rajasthan:

  • Male = The Stamp Duty is 6% of Transaction Value (Cost of Unit) and Registration Fee is 1% of Transaction Value (Cost of Unit). + 1.8% Surcharge
  • Female = The Stamp Duty is 5.00% of Transaction Value (Cost of Unit) and Registration Charges is 1% of Transaction Value (Cost of Unit). + 1.5% Surcharge
  • Disabled = The Stamp Duty is applicable as per disability percentage.

Note

    • If you paying stamp duty and registration charges in cash, you’ve to give cash handling charges (100 – 200 Rs)
    • CSI Charges – 300 Rs (Fixed)

The Registration amount has to be paid in cash or in DD or A/c Transfer. Apart from these charges Advocate fee is additional.

Stamp duty is the amount customer pay to the government as tax on buying any property. And registration charges are the charges which customer pay to government to register the property on his/her name. In both the cases charges vary.

Basically the stamp duty has to be paid at the time of registration of the property on his/her name. In case of plots, apartments, residential units the charges of registry and stamp duty depend upon the saleable area of the property. It also depends on the market price and DLC rate.

Registration Charge in Jaipur:

      • Male = The Stamp Duty is 6% of Transaction Value (Cost of Unit) and Registration Fee is 1% of Transaction Value (Cost of Unit). + 1.8% Surcharge
      • Female = The Stamp Duty is 5.00% of Transaction Value (Cost of Unit) and Registration Charges is 1% of Transaction Value (Cost of Unit). + 1.5% Surcharge
      • Disabled = The Stamp Duty is applicable as per disability percentage.

The Registration amount has to be paid in cash or in DD. If a person is NRI then below are the points to remember

      • Photocopy of ID(KYC Doc) is very important.
      • PAN Card Copy is must.
      • Photocopy of Possession Certificate
      • Four passport size photographs.
      • Two Witness With ID Proof

Always Remember:

To visit your property before registration and get the satisfaction from both the ends, if anything is left make sure that realtor fulfills the undone things and then one should go for registry. It is always preferred to go at the site, check the property well and then should go for registry.

What is the procedure to avail lesser charges for women?

It is mandatory that the applicant should be women, the expert’s sales representatives always there for you to help; customer should carry all the documents and can go along with the sales representative to the registrar office and complete the formalities.

Stay tuned with Manglam Group for updates regarding flats in Jaipur.

CategoriesReal Estate Buying Tips

Vastu: An Important Factor while Buying a House.

Vastu is important and considered to be the preference of end users. These days considering vastu is also important because the layouts, directions are sometimes lacks vastu. The principal and main parameter is the architecture and the directions. In real estate as well the vastu is considered to be the main parameter and flats and residencies are being planned after consulting the vastu expert only. For people who believes and construct the home under guidance and as per the direction of vastu brings lot of positive energy and a general well-being for the owner.

Vastu Tips for Homes:

  • The most important place in the house is its entrance which should be east facing as this is known as auspicious direction.
  • The north direction of the house should not be blocked as this is known for prosperity.
  • Slop should be directed from south to north or from west to east direction.
  • In terms of décor: No cactus plant should be there, and hinges should not make much noise.

Specifically for Bedroom:

  • It should be in south west direction
  • Sleeping direction should always be south
  • Bedroom should always be clutter free and where you put your head be clean and neat.

Children room:

  • It should be constructed in the northwest direction of the house.
  • Sticking the furniture over the wall stops positive energy.
  • Very loud colors are not for kids room
  • The study table should be placed in a way that child faces the east, north or north east corner of the room. Computer should be placed at southwest corner.

Vastu Tips for kitchen:

  • South West or North West direction is best for kitchen.
  • Cooking should be done east facing.
  • Cross Ventilation is must.

For Bathroom:

  • North west is the best direction for washroom
  • Ventilation is must
  • If there is any sanitary fittings or broken tiles be it kitchen or washroom, should be repaired on immediate basis. Broken stuff is not good anywhere.
  • It is very important to keep the bath area and washroom very neat and clean. Dirt always attracts the negative energy.

Living Room:

  • North Direction is best for living room
  • Air Condition should be placed in the west direction or south east direction of the house.
  • Number of chair should always be even, no uneven furniture should be placed in house. It is not good for prosperity.
  • South and west corners are good for keeping furniture.

In real estate market, Vastu has become a very important factor and the bigger projects are based on the proper guidelines. Manglam Group which has the largest number of flats in Jaipur in different projects, considers vastu very important and its best of the residential project like Ananda, Aroma, The Grand Residency etc. Also, Rangoli Greens are based on Vastu guidelines which is also an add on for the customer. Who doesn’t want prosperity in house and when it readily available then why buyer should not choose the one!

 

CategoriesUncategorized

Choosing Jaipur is a Profitable Decision in Real Estate

Jaipur which is the capital of Rajasthan is enhancing with enormous speed, development at every corner and implementation of growth strategies is taking the city to another level. Mahindra SEZ is one of the major contributors in terms of employment opportunities. It has become an IT hub and big companies like WIPRO, Phone support, GENPACT, and Mahindra World City etc. If we talk about entertainment the city is nowhere less and fully equipped with Top brands, Malls, Movie complexes, and fun hang out places. Top builders like Manglam Build Developers, Ashiana, Vatika Infotech has taken the real estate market to a very higher level by providing high standards in infrastructural development.

If we compare the growth of location from past 10 years one can easily analyze the profits and increased value of the locations. Today is the best time to invest in real estate market as builders has developed various techniques to make the residential projects more alluring. Special amenities, concept of Luxury apartments, Penthouses, Clubhouses, give feel of living in a hotel.

Below are the major factors of rise in real estate in Jaipur

Development in Infrastructure: Jaipur is going higher in terms of infrastructure, there is expressway construction which is in pipeline, also there are many bridges which are under construction or already operational to divert the traffic and reduces the travelling time. National Expressway raising the approachability and accessibility of the city with higher speed.  Investors always look for opportunities to buy flats plots in Jaipur.

Opportunities for Youth: Multinationals are already operational and keeps on hiring youth and professionals. Mahindra SEZ is full of corporate companies which give growth to people and additionally adding on to the advantage that Jaipur’s outskirts like Mahapura is also now developing because of the same, people want to live there as there are more opportunities to work. As per the analysis the increasing IT companies and other opportunities affects real estate sector in very positive way. When city becomes developed and demanding because of education and job opportunities then people automatically want to shift or desire to have accommodation or invest in commercial property in Jaipur which directly affects the real estate sector.

What is the scope of the residential projects?

  • Infrastructural and Commercial Development
  • Growth can be clearly seen via new strategies, educational and employment opportunities.
  • Tourism is increasing which surely attracts the NRI investors.
  • National Expressway
  • DMIC is in pipeline
  • Increasing the values of Handicrafts, and cloth Market in Sanganer which surely attracts the commercial investors who want to invest on these lines.
  • Existence of Top builders: Manglam Build Developers, Vatika Infotec, Ashiana
  • Residential and Commercial Projects are well equipped with top facilities by builders.
  • Rental Value has been increased from past years
  • Commercial Investments ensure profits at prime locations of Jaipur
  • Hospitality Sector In Jaipur is on high swing
  • According to industry experts there is huge IT development is expected wherein the most affected sector will be the real estate only.

Stay tuned with us for updates regarding luxury flats in Jaipur

CategoriesUncategorized

How to Survive in Commercial Real Estate Business

Amidst of various business strategies and option investing in commercial property is very different and extraordinary. It is very much different from investing in residential properties. Market is never constant in its rates and price trends sometimes to goes and touch the skies wherein everybody gets the benefits however on the contrary it goes down as well where every endeavor gets affected.  Investment and Savings are never harmful be it in residential or commercial investment. NK Gupta who is a CMD of Rajasthan top real estate company Manglam Build Developers Limited says that every moment and every time is good to invest, one should never wait to invest in the market because by the time he finally decides and come on a concrete decision price already would have touched the sky. To act smart this is the right time to Invest says Gupta!

Customer always looks for the property which can give good returns in real estate business. That all depends on good and a wise decision to strike the best deal in the market.  Especially to run longer in commercial real estate market below are few tips which will surely help you on deciding:

Budget is very significant: Investment plan should always based on customer budget. The prices in comparison to the residential property are altogether different in the commercial properties. Being in the budget will always help you to organize things according to your way however going out of the budget will never help in the same, it is very important to find out that the property is on lease and if it’s on the lease then what is the rental Value of the same.

Life of the Property: Every property has its life attached to it during that time one can earn the maximum profits out of it , after a certain period of time the profits becomes stagnant one only have to bear the maintenance cost of the buildings. It is very important to keep this parameter in mind that while buying the property it should give the high returns in future.

Deciding upon the location: It is one of the crucial an brainstorming decision on deciding upon the location because if you are looking for business purpose then it is very important to consider below points

  • Is the Location Visible and has a good credibility?
  • Is the location is well equipped with all the facilities?
  • Is the location is able to give high returns on investment?
  • Is the location is approachable via any mode of transport?

 Right Seller: Another important aspect to look upon is to have appropriate seller or builder, there are few who are least bother about customer investment and want to consider their own profits all the time, however there are few who understand the criticality and gives a wise advise. If property is offered on a lower price than it is very important to do a full research why it has been offered on a lower price.  Before proceeding in the deal customer should always satisfy himself doing a fully fledged analysis on the product in terms of returns, location and future prospects.

Stay tuned with us for updates regarding luxury flats in Jaipur.

 

CategoriesUncategorized

Heaven for Real Estate Envestors

The city which was considered to be the best in jewelry, designs and colorful clothes and tales are just associated with brave kings. Besides the same Jaipur was well planned city since beginning, it was considered to be one of the best in terms of architecture and planning. Nobody knew that the city will turn to be the best place to invest in later stage.

Jaipur is just 258 Kilometers from Delhi and that is why the growth in the city is developing day on day. Flats in Jaipur is very well planned city in terms of architecture and designing. Every location in the city is well developing with all the facilities. The Job opportunities, tourism, business aspects and much more are already settled its roots in the city. Rajasthan Industrial Corporation has planned IT park in Sitapur with excellent connectivity in Jaipur. Big real estate developers like Ansals, Omaxe are also planning the big townships in Jaipur city.

International Airport at par with international standards caters to tourists as well as corporate. Manglam Builders is one of the top builders in Rajasthan always want to cater the customers with top most locations in Jaipur, and international airport location is no where a far dream for them, Airport plaza which is the upcoming project of Manglam builders is already in the pipeline and just nearby the international airport.

Expected Appreciation in real estate and flats in Jaipur is a major attraction to the investors, hike on rentals, and good returns on investments will surely raise a feel of secured environment and additionally investors also has an surety of his money as the land and the city is growing faster than expected.  Business aspects are flourishing in the city as it has a major connectivity with Delhi and Agra, and Jaipur is indeed one of the best in Tier II cities.

In terms of real estate integrated township, residential complexes, residential cum commercial buildings are uncountable. Builders provide the best facilities to the customers and flat systems are quite attracting to the general public. The city is no where less in terms of entertainment as well, Mall big multiplexes accompanied with luxurious cinema halls are no where less in the city. There are many options for goof hotels, restaurant and café to spend good time with family and friends.

There should be no second choice in choosing this city to invest and moreover to invest in the residential flat, as the location and city will treat you at its best. Be it the investors, NRI. Or Business aspects the city is fulfilling all the parameters to prove itself one of the best choices especially for the investors as their money is surely going to be doubled in short span. There is no particular time where one has to decide to invest in these location, time itself has its own ups and flaws however as per one rule of the Investment Guide by NK Gupta (CMD, Manglam Builders) depicts that every moment is important if somebody wants to invest in real estate. There is no point in wait for the right opportunity however every moment is precious to invest and make right choices.

CategoriesReal Estate Invest in Jaipur

Top Location to Invest in Jaipur

Flourishing tourism, enhanced education system, growing opportunities and shining Jaipur that should be the tag line of Jaipur as a city. Jaipur is no where lacking in terms of quality, standard of living and a trendy lifestyle. City is booming in every sphere with enormous development and infrastructural styles. Now if we talk about locations in Jaipur every location is unique in its own way, not only one area however every location is at the refining stage, the development is already on swing and Jaipur will off course turn out to be one of the most demanding city in the world.

Starting with C-scheme and Civil Lines: One of two posh area of Jaipur in which investment is a dream, none of the facility had been dropped out, from mall to hospitals, from education to entertainment every sphere is on the top in this area. Manglam has one of the renowned commercial cum residential project “Geejgarh” which already gained its fame in the market staring with ginger and café coffee day in the premises itself.

Moving on To Mansarovar which is one of the biggest colonies of Asia, Manglam has two big residential projects in Jaipur called “Aroma” And Manglam’s Tarang which are fully residential with replete of facilities. One just has to think for a desire and we bet that in our projects the dreams actually turns into realities. If we talk about Manglam Aroma then it is guaranteed that by seeing the club house, attached balcony with the rooms, space and overall look of the project can become somebody’s dream. Quality of the project and detailing of the designing are two major parameters wherein the customer can vouch on us. Club house of this project is like a cherry on the cake which indeed beautifies the overall aura and ensures that customer can relax and have a never forgettable time will the family. Huge swimming pool, gardens, banquets halls eating zone, library, SPA, there is actually nothing which we can say not there at AROMA. It’s a Dream Come true. Manglam’s Tarang is also one of the upcoming projects of Manglam which will surely be designed as per the customer’s needs and planning with unique construction is in pipeline.

aromaproject-view2

Vaishali Nagar: Manglam is no where less in bringing up the flats residencies in every corner of the city and Yes Rangoli Greens at Vaishali Nagar is one of the best examples of the same. At greens there are above 5 lac people already living so facilities is not a doubt for sure, the project has 3 floor club house made up on 25000 sqft. It has spacious flats which surely can give relaxed feel to the customers. The project is full of facilities and the biggest advantage is the location off course which is adjoining to Vaishali Nagar. It has “The Grand Residency” project also near sirsi road which has huge clubhouse and 252 flats wherein 15 Family has been already shifted.

Sanagner: Manglan Ananda which is known as the biggest township of Jaipur is located near Sanganer. The project is so huge and well maintained that none of the customer can deny dreaming to have an accommodation in the project. 650 Flats in Phase I wherein 60+ families are already living and it is gaining fame as the best residential flats in Jaipur.

Manglam is spreading it roots by proving the best quality lifestyle to the customers not only by saying however proving the best quality and services. The project like Arpan at Mansarover, Anchal at Jhotwara are also on full swing.

CategoriesUncategorized

3 Ways to Buy an Affordable House

A house is an investment wherein a buyer puts his all life investment at one go and off course he will try and look for strategies to get a best moreover his dream house at the best price. Nobody wants to spend lot of money however try to save at every step, because of market prices and more varieties in available in the market one actually brainstorm a lot. Below is the tip to decide upon the best in minimum prices.

Foreclosures:

It is always suggested to buy or invest in the house wherein the bank or the government body sale the house in case of non-payment of a house loan. However one has to be extra careful on the damages which had been already there to repair. It is very important for a costumer to do a good research on location and price trend of that area because banks receives a lot many bids and when the bids are higher than they sell the house more than it’s worth, so it is very important for buyer to think and research about the price trend.

Short Sales:

When customer has less amount to invest bank agrees to let the owner sell the house much less than the mortgage, there are people who because of less availability of funds do this kind of sale wherein they get the money as well as the debts also can be paid, there is indeed no assurance of profits in same however customer is not a part of any credit.

Auctions:

Houses in property auctions can turn out to be a benefit as in auction the prices are always lesser than its actual price. It is just that customer has to be fully updated regarding dates and time of the auctions so that once can participate.

Apart from this a customer should always have a good real agent who can help the buyer in a right direction, Manglam builders has the goodwill in real estate market since long and customer blindfolded believe in services. Marketing executives are so trustworthy that they will always guide the customer in a right way. Manglam has a huge land bank wherein they have every category starting from biggest of townships to the small plots for investments, from residential to the commercial at the very prime locations in Jaipur as well as in the other locations of Rajasthan. In residential flats in Jaipur they got a high variety of property options wherein from all the necessary amenities till the luxurious everything is well provided to the customers.

Whenever one has to buy a flat in Jaipur always needs the right guidance because the agents has much updated information in comparison to a normal buyer, as its their daily job to deal with the clients as well has to have a strong information in regards to the real estate sector and its price trends.
Better to have guidance whenever required, market study and research on choosing the best builders is very important.

 

CategoriesUncategorized

Earthquake Resistant Structure: Rangoli Greens

Every builder has to have the approval on Earthquake resistant structure:  Like every map and constructions plan has to be approved from the development authorities’ similar every special criteria which has earthquake resistant structure has to be approved.

What are these buildings and does it really doesn’t succumb while tremors? Ask the realtors themselves?

One of the top builders of Rajasthan Manglam builder’s statement was that the building can have the cracks in between however it will not fall apart just like that. This is one of major relief wherein you have all the space to save your house and life as well, earthquake resistant structure while construction we make sure that there will special designs will be given to the construction plan itself so that it can become the resistant structure. Engineers have to really develop and work out very strongly on that. In these days Manglam builders suggest that everyone should prefer for this safety parameter. In one of its project “Rangoli Greens” has to advantage that it is earthquake resistant and they ensured that framing of the structure has been done with concrete pillars and other supports in such a way that it supports walls, roofs and the overall roots of the house.

The Indian Standards on Earthquake Engineering data depicts that India is one of the most disaster prone countries. About 85 per cent area is vulnerable to one or multiple disasters and about 57 per cent area is in falling in high seismic zone including the capital of the country.

Are the Short buildings are more preferable than high rise buildings?

This is absolutely a myth that high rise building are prone to natural disasters more, builders themselves advise honestly that may be it can happen that in low rise buildings there can be the a construction plan glitch as there is not much attention given to the construction plan in some cases.

Rangoli Greens, Vaishali Nagar

What should a person do if the building is old from the time when safety norm was not prevalent?

In such a scenario, Manglam Suggests “If a person is facing the challenge of old and construction problems in buildings with no such safety norms then s/he must get together with other residents and with a mutual consent should appoint a structural engineer. The engineer will verify the strength of the building and according to the same analysis he will take necessary actions and can also suggest a new strategy of renovation or reconstruction.

Sanjay Gupta, Vice President, CREDAI, Rajasthan and as a Directors of Manglam builder and Project Director of Rangoli Greens says that “As a developer we know that people are living on Seismic IV zone and we as a responsible developer have to abide by the laws made to make sure the buildings can withstand a fair amount of jolts.”

We will always make sure that our customer has all the new technical facilities that too when related to safety can be easily be given. In Rangoli and other projects of Manglam we highly take care of all the customer related facilities and try to implement them in every project.

Stay tuned for more updates on 2 BHK Flats in Jaipur by Manglam.

CategoriesUncategorized

Importance of the Club House in a Project

Real estate market is emerging with so many new projects equipped with lot many facilities that a consumer cannot find all the facility in the premises itself. Not only the cities or real estate basically it’s a developing stage of India wherein the society, apartment’s infact the mall culture is outshining its been considered the west culture wherein the people who stays in the apartments gets all the facilities then and there. Be it a grocery shop or a gym, a garden, pool area. All the facilities which a customer wants in a luxurious life are getting solved there.

So to start with Club house concept, it’s a concept which is beneficial for the builder as well as for the customer. From the fitness to his personal care he gets everything under one roof and that is known as Club House. Builders these days are coming up with the same concept wherein the customer has to pay an amount to the maintenance cell to keep their membership alive in the clubhouse and enjoy a free life.

For E.g Manglam’s Aroma which is one of the best in quality project of Manglam build developers has a huge clubhouse name as “OASIS” which has very specific requirement meet spaces. Starting from specific banquet area wherein the customer can organize their small gatherings on the basis of availability and in coordination with the maintenance cell. After seeing the cost for a space a customer generally pays to acquire a banquet hall or a garden is just a way beyond ones imagination and this can be one the biggest cost saving for him.

Aroma Club House Gym
Aroma Club House Gym

Secondly clubhouse also provides gym facility which is again a big cost saving factor for the customers. These days everybody try and remains fit and invests lot of money in different places however having a gym at your zone is just like a dream. Isn’t? If you can visit OASIS then one can see the luxuries of a clubhouse with attached gym and open space plus closed one space for events. It is actually way beyond your imagination and a feel of living in a hotel all your life is just like a dream. It is indeed a surety of living your dream into a reality with Manglam Group’s Projects.

Aroma Swimming Pool

Open Garden and Swimming Pool: Garden a word which mesmerize us at every level. A Project which has lush green open garden should be choice of every customer. But one additional advantage of Manglam Project Aroma is that you will be getting a extra space attached to your flat which can easily give a feel of terrace garden or in whatever way one wants it to turn.

Pool which always is a passion of everybody be it a kid or an elder. What else one can dream of having a swimming pool at your home only wherein the weekends can actually turns out to be an outdoor holiday.

Getting all these under one roof is just beyond ones imagination and cost saver parameters are just living your life at ease with trusted hands.

Stay tuned for more updates on residential projects in jaipur by Manglam Group.

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Manglam Build Developers Ltd offers 2/3/4 BHK flats in Jaipur, Bikaner, Alwar, Jhunjhunu and Goa. Our portfolio includes affordable flats, luxurious apartments and plots which make them one of the most preferred builders in the town. Apart from flats & plots, they also offer commercial properties in Jaipur at prime locations. While keeping quality of construction and customer satisfaction in mind, the company focuses on delivering excellence and true value for money.

Disclaimer: This website is meant only for informational purposes & it does not advertise, market, book, sell or offer for sale or invite persons to purchase in any manner any of the real estate products as displayed on it.

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