100floors.com: Life Insurance Customer Needs
Life Insurance companies in india provide consulting services where they will provide you all aspects of Life Insurance & its benefits along with resposibility of your’s to secure your future.
You should check several companies which offers similar Life Insurance policies. You should check their charges also which may vary as per company’s policies and all. Being buyer you should also look at NAV (Net Asset Value) of various competitive policies which comes under same category, if NAV is less it means you can buy more units of particular policy.
Source: http://www.100floors.com/loan.php
100floors.com: Life Insurance A Secured Future
Here, policy owner has to pay certain amount of premium to insurer to run the policy till its maturity.
There are certain types of policy like investment policy where certain amount of your premium is invested in capital market or money market which yield return on it. There is Term Insurance where lump sum amount is given to policy owner in case of specified event. There is Serious Illness policy which offers certain benefit in case of specified events, here specific events exclude suicide, fraud, war, riot and civil commotion, this is to secure insurer also.
100floors.com: Home Loan for NRI
100floors.com: Home Loan for NRI
Indian banks are now focusing over Home Loan for NRI as current market provides NRIs an opportunity to invest in home land with lower investment cost due to current economic downturn, which has hit real estate. Home Loan for NRI is available in many public & private sector banks. There is certain criteria for eligibility of Home Loan for NRI, where an individual is staying in abroad for employment, vacation, business etc. wherein his staying tenure is indefinite.
There are certain officials who are working with various national/international agencies and staying in abroad for indefinite period. These officials are also eligible for Home Loan for NRI.
Home Loan for NRI depends on individual’s repayment capacity and his assets. Home Loan for NRI undertakes several measure to qualify NRIs like annual income, alternate source of income, tenure for loan, age, number of dependents, income of other members of family, bank statements, loyalty to previous loan provider, work experience, age of borrower, assets.
100floors.com: Home Loan for NRI
100floors.com: Home Loan for NRI
Indian banks are now focusing over Home Loan for NRI as current market provides NRIs an opportunity to invest in home land with lower investment cost due to current economic downturn, which has hit real estate. Home Loan for NRI is available in many public & private sector banks. There is certain criteria for eligibility of Home Loan for NRI, where an individual is staying in abroad for employment, vacation, business etc. wherein his staying tenure is indefinite.
There are certain officials who are working with various national/international agencies and staying in abroad for indefinite period. These officials are also eligible for Home Loan for NRI.
Home Loan for NRI depends on individual’s repayment capacity and his assets. Home Loan for NRI undertakes several measure to qualify NRIs like annual income, alternate source of income, tenure for loan, age, number of dependents, income of other members of family, bank statements, loyalty to previous loan provider, work experience, age of borrower, assets.
100floors.com: Fixed Rate for Home Loan is really unchanged?
But here you should go through everything in Home Purchase Loan Agreement. There are some clauses which entertain the right of bank to increase or decrease the Fixed Rate for Home Loan as per change in internal policies, various wanted/unwanted, precendented/unprecedented conditions of money market, change in RBI’s monetary policy and fiscal budget.
This clause of indian banking system called by Force Majeure Clause
Source: http://www.100floors.com/loan.php
100floors.com: Fixed Rate for Home Loan is really unchanged?
But here you should go through everything in Home Purchase Loan Agreement. There are some clauses which entertain the right of bank to increase or decrease the Fixed Rate for Home Loan as per change in internal policies, various wanted/unwanted, precendented/unprecedented conditions of money market, change in RBI’s monetary policy and fiscal budget.
This clause of indian banking system called by Force Majeure Clause
Source: http://www.100floors.com/loan.php
100floors.com: A Complete source of information for property
After using uncertain sources for finding good Property, I got 100floors.com which offers me indepth knowledge of Property. It certainly provides me common guidelines on how to search home and various factors which may affect our decision like total no. of floors in the apartment, number of flats on a floor, construction age of building, car parking, extra car parking space, water management facility, availability of lush greenary, good neightbors, worldclass amenities like gym, fitness room, swimming pool, children’s play area, tennis court etc., proximity to shopping centers, service providers, hospitals or medical services, restaurants, recreational facilities, well consructed roads, low pollution.
100floors.com proved to be end user friendly, I got to take decision to buy home only in 15 days with valuable information provided by 100floors.com I suggest all my friends & colleagues to search their dream home on the biggest marketplace that is 100floors.comI convey best wishes to 100floors & its team.
Sulekha Real estate legal section powered by 100floors
The real estate legal section in Sulekha.com is now powered by 100floors
As we have mentioned on this blog - our legal services is a strategic business unit within 100floors and we looking forward to helping you to solve real estate / property related legal issues.
To view the Real estate legal section go to the Sulekha Real estate section and click on Legal or you can go directly to the 100floors legal section on Sulekha.
Watch for this space - we have more announcements on strategic alliances coming soon.
Real Estate Investment Pastures
The best cities for real estate investment currently are all outside of Indian metros. According to a research by JLL the top 5 cities which have great potential with lowest market risk include Chandigargh, Kochi, Jaipur and Nagpur.(http://www.joneslanglasalle.com/ResearchLevel1/research_india_30_real_estate_opportunities_in_tier_III_cities.pdf) The major drivers here include cost advantages in real estate and labour, affordability and talent pools for IT/ Non-IT businesses.
· Rental price rates in Bangalore have dipped by 20-30% due to fall in demand and the economic turmoil which has led to several job cuts forcing people to look for more affordable options. Rental prices especially have taken a hit in prime properties across localities in Marathalli, Whitefield, Kodihalli etc. This data is also backed from 100floors.com where average rental prices in prime localities like Koramangala, Indiranagar, Airport Road etc have seen at 15 – 18% drop in the rental prices quoted on listings by property owners and agents. For instance, average rental prices quoted by listing owners in the month of November 08 on 100floors.com was around 11,200 Rs/ month. For new rental listings in the same locality added in the month of January 09 this is now around 9,100 Rs/month.
· HNI Indians looking to buy property abroad – due to crash in prices globally. Dubai is the most sought after foreign locale, say brokers familiar with the latest fad. According to Mr. Syed Mazaz, the Mumbai representative of Dubai-based real estate brokerage, Better Homes, property prices in Dubai are comparable to those in Delhi or Mumbai - starting from as low as Rs.3 million ($62,000) for a studio apartment in the International City project in Dubai to Rs.15 million ($309,000) for a two-bedroom luxury apartment facing the sea. Countries such as Singapore, Mauritius, Thailand and Malayasia - where prices have dropped up to 30-40 percent in recent months - are also attracting Indian investors.
· The overall economic situation, job cuts and the general sense of gloom in the market is expected to increase demand for affordable housing. Builders have already taken this cue and there are several affordable housing projects which have already started across cities such as The Commune by Golden Estate in Bangalore, apartments in Navi Mumbai and Pune , Chandigarh by several smaller builders etc all targeting at a price range of anywhere between 15-25 lakhs. Even bigger builders like Purvankara are getting into this space, with Purvankara going to launch a budget housing project next month under their Provident Housing and Infrastructure Limited, (PHIL) brand name.
· Analysis of the demographics of people searching for properties to buy, sell or rent using online portals like 100floors.com and others are mainly found to be around the age group of 25-35 years by our research team. The cities from which this persona comes from are New Delhi, Mumbai, Bangalore and Hyderabad. There is a keen interest within this user group to view consolidated data on new projects, best offers and discounts. Builders having taken the cue from this have made most of their projects online enabling users to view amenities, floor plans and specifications of homes within a project and also actively promoting them with other real estate marketplaces like 100floors.com
Hope for home Buyers, Startupdunia
100floors, a Bangalore startup, hopes to provide a real estate marketplace for various Indian cities by offering a complete,easy to use solution to end users, agents, brokers and real estate builders.
Some of their more interesting features:
* Access by web, phone , SMS to buy-sell-rent properties
* Provides a map view mashup to easily identify and locate the area vicinity
* Provides free legal services online or over the phone
* Provides home appraisal services
The startup also has another portal in stealth mode currently. As per them, the combination of 100floors and this undisclosed portal will provide a much better and comprehensive solution to all the stakeholders.
They’ve received an angel funding of ~ $2 million.
As a tech savvy person and possibly an early adopter — do you use real estate portals — if so, how effective have you found them ?