You are on page 1of 26

Introduction

Presently a days, level means own home, and also sheltered safe house. Since the private offices
of our nation is not expanding according to the development of populace. Hence, the lack of spot
gets to be intense step by step. It has ended up, particularly in Delhi and NCR just about difficult
to get house. Then again, the individual who has spot is not ready to arrangement himself with
the peril of building house. In this way lodging has spread to an extraordinary stretches out at
practically every territory in NCR. Thusly, level is presently well known with the privileged as
well as with the working class. Lodging reasonable continues taking place and. Numerous
organizations offered there diverse enticing offers for offering their pads at this reasonable.
What's more the offering was up the normal level. Travelers additionally have been put to
purchase in their local nation.

As indicated by the report of World Bank absolute populace of India was 98.20 centers in 1996.
49.40 centers of aforementioned individuals live in urban range .

Land business was one of the key drivers of development before we saw the present financial
stoppage. Presently with organizations attempting to unite their positions and discovering
powerful method for managing development, the administration of land has risen as one of the
key difficulties for the corporate segment. The financial stoppage in these businesses have
brought about expanding weights.

Fundamentally the term land as ordinarily utilized has two implications

1. It is a name given to the thing, reality which incorporates arrive as well as all human change
set on the area

2. It is the name given to the business occupied with by the individuals who conduct business
transaction in land.


The essential part of reality as an item is area. It implies the surface of earth as well as the
property rights and investment that join to responsibility for, including sub surface minerals.
Presently, the fabricate capable area is getting to be rare because of high cost and it is expanding
at a phenomenal rate.

While India keeps on being quickest developing economies , this pace of development is
unrealistic to support unless it is backed by a just as powerful improvement of its framework .
Key prerequisites to accomplish a GDP development rate surpassing 8-9% incorporate streets ,
power , ports and urban base.

The amount of organizations expanding bit by bit and different issues concerning the lodging
segment having sprung up obliging early result, need was firmly felt for the development of an
exchange relationship of land engineers to extend the general enthusiasm of the area.
















LITERATURE REVIEW

The land has turned into a real supporter of an economy's development . To comprehend the
hugeness of the area and its suggestions there have been different research on land industry in
India . The examination are continuously directed to addition more learning about the different
elements helping the development of the business furthermore to examine the variables which
impact the choice of speculation in the division . I have attempted to study the accompanying
examination paper to improve thought regarding the current situation of the land division.

GRAEME NEWELL AND RAJEEV KAMINENI in their examination paper surveyed the
danger balanced execution and portfolio enhancement profits for the land markets (office , retail
and private ) of New Delhi and Mumbai . The land markets were found to fail to meet
expectations stocks in India in excess of 1998 2005 , with most markets enhancing their
execution in later years , in spite of the fact that there was a few misfortune of portfolio
expansion profits for office and private land with stocks . Deregulation of the capital markets and
universal financing in India is likewise liable to have a noteworthy effect on future FDI levels
and the development of land stores for land speculation in India. They additionally concentrated
on that off shoring in the urban communities like Delhi and Mumbai has made tremendous
interest for better base This region of off shoring has critical land speculation issues , especially
concerning engineering parks , access to Grade An office space .

They have likewise presumed that deregulation of the Indian capital markets since 2004, and less
prohibitive rules for remote immediate financing in land in India since February 2005 have seen
noteworthy upgrades in the land venture environment in India for both nearby and global
players.

The normal improvement in India in the following few years will additionally stretch the land
venture open doors accessible in India.




Not just this different overviews and investigates like report by United Nations Conference on
Trade and Development (UNCTAD), India has turned into the third most mainstream FDI
objective in world with amazing figures of Us$ 1.74 billion in the month of November 2009.

Likewise study completed by Makaan.com, property costs in India have expanded by an
astounding 18.6% in June'10 when contrasted with a year ago's costs (Property Intelligence by
Makaan.com, 2010).

As per (www.indianrealtynews.com, 2010) In the situation of the worldwide dissolve down, it
was the Indian land market which was influenced minimum in the Asia Pacific area and ended
up being the speediest recuperating market out of all.

As per the United Nations World Urbanization Prospects report, 914 million Indians will live in
urban areas by 2050, contrasted with 300 million now. This unmistakably demonstrates the
approaching open doors and requests for the land advertise in impending years.

So I experienced these different articles scrutinizes and overviews before start of my own report
which bailed me introducing and completing my explores in simple way










INDUSTRY PROFILE

INDIAN REAL ESTATE SECTOR

In the most recent two decades India has beated and demonstrated a solid rate of GDP
development rate of more than 7% yearly. The real donors of this solid development rate are
commercial ventures like the I.t., BPO and customer overhauling businesses. This has likewise
made India one of the most loved ends of the line for Foreign Direct Investors (FDI).

The figured Real Estate interest for the IT division in 2010 was anticipated at 150million sq.ft.
inside the metropolitan urban areas of India. According to the developing business needs and
prerequisites, the majority of the fortune 500 organizations are looking to open their Head work
places in India which has scaled the interest of premium and sumptuous office space.

India Real Estate is additionally drawing in a considerable measure of household and universal
financial specialists due to the high YOY (year over year) returns on ventures. The high
development of Indian land contrasted with western markets, has pulled in a great deal of
consideration of financial specialists from all around the globe.

Because of the subsidence, the extravagance market took the real hit however it had again begun
getting. According to the most recent reports, Singaporean extravagance resorts chain Banyan
Tree is really intrigued by putting resources into India and is now in chats with a couple of resort
holders in India (Financial Express, 2010). As indicated by the United Nations World
Urbanization Prospects report, 914 million Indians will live in urban areas by 2050, contrasted
with 300 million now. This plainly demonstrates the approaching open doors and requests for the
land advertise in nearing years.





INDIAN REAL ESTATE VS WESTERN REAL ESTATE MARKETS

Understanding the position of India rather than different retainers in the west like US, Western
Europe, and Australia is extremely key. India is a junior nation with only 64 years since
Independence and more than 40% of its aggregate populace in the young. All these components
considered make India an adolescent country with a ton of difficulties which makes it a no
problem in the arrangement of creating countries. Then again, before one begins working
together in India, they need to consider the positive and negative focuses connected to the land
advertise in India.


















COMPANY PROFILE
Foundations of R.k Developers lies in the trust and notoriety fabricate throughout the years by its
originator Mr. Dharmendra Agarwal. His Vision to for making Real Estate segment more
congenial for solid and effective white collar class populace of India has turned his little wanders
in land to an enormous unrest looking for an ideal answer for dominant part of true purchaser in
Indian market.
R.k Developer is introducing its first super extend of township in Alwar (NCR) where the
originators of R.k Developers are comitted to give back their support to their home soil which
has through the years provided for them vision upheld by capability to satisfy their fantasies.
Group of numerous effective and conferred workers under the immediate order of Mr.
Dharmendra Agarwal & Mr. Ravindra Agarwal are prepared to present 100% govt. endorsed
township R.k Puram in Alwar.
R.k Developers plans to take its business into Real Estate on venture advance by not simply
enjoying purchasing, offering and leasing piece of this business. Be that as it may one of the
center estimations of our plan of action is to give full aid to our client and keep the methodology
of purchasing & offering a property bother free and straightforward
COMPANY VALUES


Customer Focus

Innovation

Quality

Agility

Integrity

Leadership









COMPANY MISSION AND VISION
Our mission is to plan, manufacture and business private and business edifices at competitive
costs, without trading off on quality benchmarks.

To give private and business spaces at most appealing and reasonable costs, to be a piece of each
regular man's fantasy and try to overcome any and all hardships in the middle of reality and
dream by giving ideal answer for it.

BUSINESS PORTFOLIO

They have an enhanced portfolio which incorporates creating spaces committed to single uses,
for example, Residential Properties, Commercial Properties and Retail alone. Our principle items
and administrations are as takes after:

1. in the Residential Property Business, we are conferred on Developing, Selling and
Managing a differentiated arrangement of private properties which incorporate Apartments,
Villas and Penthouses crosswise over organizations, for example, Value Housing, Affordable/
Aspirational Housing, Premium Housing, Luxury Housing.

2. in the Commercial Property Business, we are centered around Developing, Selling and
Leasing Office focused on towards an extensive variety of clients from Individual Users and
Small Companies to Large Corporate Houses in different Sectors including IT and ITES.

3. sustainable and moderate Townships, which offers a scopes of habitations with offices of
a Township.






STATEMENT OF PROBLEM

Private offices are one of the imperative essential needs. The interest of lodging offices in our
nation is increasing.23.39% of aggregate populace of our nation live in towns, 52% of the
aforementioned populace live in the five metropolitan urban areas.

REB is extremely prospective business in our nation. Land organizations are building loft as well
as business space for the high society individuals. It additionally encourages condo for working
class individuals.

JUSTIFICATION OF STUDY

The lodging area in the most recent decades in the urban regions has created fundamentally in
light of the fact that the private shortage is truly intense . All the more over the commitment of
lodging area to the national economy is incredible. Commitment of lodging division is given
underneath:

1. The speculation of worth tk. 30 thousand centers on this part.
2. More than 20 lakhs individuals including numerous organizers, modelers, graduate specialists,
recognition engineers, experts, talented untalented workers are specifically concern with the
lodging area in India. Then again give or take 50 lakhs individuals get profit from this division.
3. The commitment of this division to GDP is 15%.
4. The yearly turnovers of this division is more than 7500 cores.(approx.)
5. Government procures just about 7 hundred centers for every year.
6. This division serves to spread bond industry, re moving, steel plants, aluminum, color, block
field, clay, building development materials and furniture making concern as its retrogressive
linkage.

Regular natural issues affect on Volume of capital financing, Volume of benefit gaining, Return
on venture, Employment open door, Employees profit, Sales income and Number of unit
generation is extraordinary. Individuals live our nation as well as displaced people have been
intrigued to purchase pads in their local nation.

ISSUES AND CHALLENGES FACED

Land in India has been going however a faintly lit passage amid the previous one year. Dunk
popular for lodging division and a feeble economy has brought about slow deals the nation over
in 2012.

The retention rates in realty center points like Delhi NCR and Mumbai have descended by about
30% and Mumbai alone need to hold up under the trouble of around 80,000 unsold units.
Dispatches have plunged by half in a large portion of the urban communities in 2012 also. Give
us a chance to investigate the real difficulties that the land business need to face today.

1. Raising stores is the most troublesome test for the land ventures. Indian land have experienced
plunging inflow of trusts in the previous year. The inflow has been harmed by Eurozone
emergency and low performing worldwide economy. While remote immediate financing (FDI)
in land was about Rs 1,58,490 million in present esteem in 2009-10, it has descended to Rs
39,474 million in 2011-12.
2. Data cost has been climbing steeply because of expansion. Land is a capital and work
escalated industry and climb in expense of development materials and also in the process of
childbirth makes it harder for realty engineers to diminish costs of the unsold units. Expense of
concrete has gone up by as high as half in few states and expense of steel for every ton has gone
up to Rs 52,000 from Rs 40,000 for every ton work the first quarter of 2012-13 year. Work costs
have climbed by 40%-half amid the same period.
3. Financing expense is additionally on the ascent for designers. As the amount of defaulters
expands, business banks have gotten to be more prohibitive in giving cash to the designers.


Engineers need to depend on loaning from substitute sources at high rate of diversions which
again pushes up property costs. Subsequently, costs go over the purchaser's reach, making it
troublesome for the units to get sold.
4. There is an enormous hole between the interest and supply of reasonable homes the nation
over. Service of Housing and Urban Poverty Alleviation (MHUPA) gauges the urban lodging
lack in the nation to be 24.71 million at the end of the tenth Five-Year Plan. In spite of the fact
that the interest is most astounding for the scope of Rs 10-20 lakh, there is a lack of competitive
homes in the nation. Of the aggregate deficiency of homes, 88% record for the monetarily
weaker segment (EWS).
Late remittance of outside business acquiring into the moderate lodging gets an indication of
alleviation to the engineers. It opens up street to the designers who are building reasonable
homes to profit credits at lower investment rate.
5. Then again, there is a drawback to attention on moderate lodging in India. The administration
has urged the designers to save 20% of a created venture for competitive lodging, which would
imply that the expanded trouble on the designer could in all likelihood be passed on to whatever
is left of the 80%.
6. There is a need to look past the IT/Ites industry in the matter of business office space. Any
irritated in the IT segment would inescapably have an immense effect on assimilation of office
spaces in urban communities like Bangalore, Noida and Gurgaon.

7. Theory in property and area costs have prompted the incredible value gratefulness in Indian
land market. Overpricing has been deflecting clients from purchasing homes and as result there
exists a colossal number of unsold units. Outside Private Equity stores have been rebuked for this
to a certain degree as they search for an exceptional yield in a brief time of time.
8. Absence of transparency additionally hampers the Indian land. Land infringement, absence of
regulation go about as an obstacle to outside speculators looking to put resources into Indian
realty. A free body evaluating costs of grounds according to global standard is required in India
to accumulate the abundantly required transparency







SHORTAGE OF RAW MATERIALS

The world's crude materials comprise of the endless, the limited renewable, and the limited non
renewable. In limited assets, for example, air, water, are turning into an issue. Water lack is now
a political issue, and the risk is no more long haul. Natural gathering have campaigned for an
India on specific forces utilized within vaporized jars, on account of the potential harm they can
result in to the ozone layer.

Limited renewable assets, for example, woodlands and sustenances, must be utilized sagaciously.
Ranger service organizations are obliged to backwoods timberlands so as to secure the dirt and to
guarantee sufficient wood to take care of future demand. Since the measure of arable area is
settled and urban zones are always infringing on ranch land, nourishment supply can likewise be
a significant issue. Limited nonrenewable assets oil, coal, platinum, zinc, and silver- will
represent a genuine issue, as the purpose of consumption methodologies. Firms making items
that require these inexorably rare minerals face considerable expense expanded. They may not
think that it simple to pass these expense builds on to clients. Firms occupied with examination
and advancements have a fabulous chance to create substitute materials.

Calamity has arrived at the field of development business at the bizarre cost trek of MS bars,
poles made items, concrete, blocks, aluminums, and electronic wire. Development worth tk. 20
thousand centers everywhere throughout the nation has been shut because of the value expanding
of just poles. The poles subordinate open development work is very nearly undeclared close. The
60% of development work of the nation has as of now been shut thus 40 lakhs development
workers have been unemployed. The intense shortage of MS bars and pole made item proceeds.
The cost is expanding step by step. The offering cost of 60 evaluation bar was tk.23-25 thousand
last year. Presently we require tk. 40-47 thousand to by the same measure of materials.

The cost of bars in the universal business sector has expanded by 100 dollars for every ton which
costs more than tk. 6 thousand. However in the nation that cost has expanded by practically tk.
25 thousand. Concrete of distinctive brands costs tk.340 for every bundle.



The cost of development materials has been expanded by making fake lack in the nation.
Anyway the administration needs to offer subsidy to the worry field to control the business
sector and in addition spare the development business.

The interest of bond is 90 lakhs tons in the nation. The aggregate sum of generation of the
neighborhood commercial enterprises is one center and 30 lakhs tons for every year. In spite of
the fact that the generation is more than the interest, the cost is not up to sensible level. In
examination with the cost of bond of a year ago the cost is expanded by tk.40- 50 for every
parcel as per the variety of value and for every bundle concrete expense tk. 300-340.

The value climb of blocks has additionally expanded with the cost of bars, concrete. Few day
back one truck blocks of excellent expense tk. 6 thousands. Presently it cost tk. 7 thousands. A
supervisor of concern block fields says that the cost of blocks expanded on the grounds that al
other important items has expanded and this makes a negative effect on creation of blocks. Other
than this because of expanded fuel cost, the convey expense of mud has expanded.

Private land organizations are needed to grow their exercises with making sensible and down to
earth strides by underwriting of interest of lodging. Be that as it may their exercises are stopped
because of rare of manufacture capable area and its cost. 100% land organizations educated that
the construct capable land in fitting zone is not accessible. The geology of area is a noteworthy
issue in growing city territory which makes the area for developing houses rare and expensive.
All the more in excess of 100% developers said that they confronted enormous inconveniences in
buying area and development materials.








Initial land for starting business.

Land in Square feet Number of the company Percentage
720-7200 18 60
7200-144000 8 26.7
144000-above 4 13.3
Total 30 100%

Above table we see that 60% of the companys started business by taking 720 square feet to
7200 square feet. 26.7% of the company started with 7200 square feet to 144000 square feet of
land initially, and only 13.3% of the companies started their business with above 144,000 sft. of
land initially.

Increased energy cost:

One limited non renewable asset, oil, has expanded genuine issue for the world economy. In
October 2000 oil costs shot up to 34 dollar a barrel, making a replenished quest for option
vitality structures. Organizations are hunting down viable intends to tackle sunlight based,
atomic, wind, different manifestations of vitality.







Two sorts of vitality utilized as a part of land business.
Gas:

Regular gas is our important assets which can change the destiny of entire country if right choice
is taken in ideal time. Numerous nations of the planets have significant minerals hydrocarbon
like Natural gas. Anyway a couple of those nations just could attain ideal profit out of such
existing gas assets.

Gas holds in India

A joint study directed by the hydrocarbon unit of vitality service and Norwegian directorate
demonstrate that India is possibilities gas store could sum 41.6 trillion cubic feet (tcf).

The study watches that out of such assets possibilities the demonstrated store could be 20.4 TCF.
Prior the authority appraisal of demonstrated store was sum 11 TCF. This most recent study
additionally shows that the recuperation rate in some significant gas field could now be higher up
to 75% in a few cases. Anyway prior the recuperation rate normally ran somewhere around 51%
and 69%.

Accordingly the new study conduced as a team with the Norwegian gas and oil organization
anticipated a capability of bigger than anticipated store of national Natural gas in the nation. An
alternate past study mutually led by the United States Geological overview and Petrobangla the
state oil and gas organization prior a year ago had demonstrated mean probability of striking 32.1
TCF Natural gas in India.







Employments of Natural gas in India:

At present the Natural gas in India is constantly utilized typically for force era, compost,
fabricating household utilizes as fuel and within modern plants. About two- third of our yearly
gas generation is continuously utilized for force era and compost fabricating.

Sectorial demand of Natural gas (2004-2010).
Year sector 2004-
2005
2005-
2006
2006-
2007
2007-
2008
2008-
2009
2009-
2010
Electricity 141 151 163 178 192 208
fertilizer 83 89 98 15 114 120
Domestic use 27 30 31 34 37 40
commercial
use
5 7 9 11 13 15
Industry 36 45 24 60 69 80
Total 291 322 355 388 423 436

Source: India economic survey

A very few number of our people use Natural gas as fuel






Electricity
Power is indispensably critical for India both as an intends to help destitution and as intends to
quicken monetary development. Power administration is liable to voltage variety and is hindered
by burden shedding.

Load shedding and voltage variation:
In the same way as other creating nations, the era and transmission limit in India is deficient to
take care of the pick demand among those associations. Power powers oversee by burden
shedding killing force to locales of nation or neighborhoods inside urban areas, on turning
premise, burden shedding exacerbated over a significant part of the most recent decade

Operating inefficiency

The India power division does not admission well as far as working effectiveness. Case in point,
India requires significantly a bigger number of representatives for every clients served than on
account of generally nations.

System Lose

The contrast between power produced and power for which clients are charged is alluded to a
framework lose. Framework lose happens both the high voltage transmission stage and the lower
voltage appropriation stage. Loses are inescapably unverifiable yet at pretty nearly 30%.






FINANCING STRATEGIES

Land Developers received different methods to back this amazingly high development stage..
Actually not just the tasks under execution, at the time of going to IPO, were commonly bigger
than what they had truly finished; the number and size of the activities which they had arranged,
was exponentially bigger still, and the area banks which they proposed to gain for their future
undertakings could most likely out last a whole era. In this process all these organizations
leveraged to the most extreme degree conceivable and their accounting reports were just about
completely supported by obligation.

Moreover, they entered into various organized arrangements with outside speculators to back
activities. Return desires were amazingly high because of running property costs. Huge capital
additions ashore possessions made the transactions look extremely basic and to a great degree
lucrative around then. Banks unwittingly underpinned extensive scale hypothesis in area
managing an account by giving liberal money to engineers to development of activities and
simple home advances at zero edges to home purchasers.

An alternate method received by designers and upheld by banks was to dispense forthright to
homebuyer, by making installment straightforwardly to the designer, 100% of home advance
authorized to buy a property. In such a case the Emis would begin just from the date ownership
and the home purchaser would not need to pay any enthusiasm amid development period,
enthusiasm being paid out by the Developer to the moneylender by method for subvention
installments. The whole income was consequently gotten forthright by the designer who could
then use this money to get more land and affirm more tasks. The other side of this was enormous
investment expense being stacked on to the advancement process and accounting reports of
organizations. The obligation of the engineer, to pay enthusiasm on such credits, was boundless
if there should arise an occurrence of development deferrals. An alternate reason for concern was
low stake of purchaser in this entire procedure. A financial specialist could essentially
hypothesize by paying little edge cash (0% to 15%) of the expense of house property to 18




COMMERCIAL PROJECTS OF THE COMPANY


Krishna Tower in Alwar (Comercial Complex)


A Multi Story Commercial Building: UPCOMING

TOWNSHIP PROJECTS


RK Puram, Old Delhi Road, Alwar

SALIENT FEATURES:
1. Government approved
2. All plans and layouts passed
3. 90B permission
4. Featuring residential plots
5. Commercial plots
6. Group housing and community centre



SERVICES PROVIDED BY THE COMPANY
The operations compass different parts of land advancement, for example, land recognizable
proof and procurement, venture arranging, planning, showcasing and execution and property
administration.
Transaction Services Activities : This incorporates different varieties of property related
transactions, for example, site choice, sourcing of property, sourcing of occupants, property
advertising, organizing of transactions, arrangements and documentation Operational in: Lease
and altogether for business crosswise over metros and smaller than expected metros; lease and by
and large for private.

ALL ROUND DEVELOPMENT
Climbing salary levels of the developing upper working class, alongside an expand in atomic
families, low investment rates, present day disposition to home possession (the normal age of
another mortgage holder in 2006 was 32 years contrasted and 45 years 10 years prior) and a
change of state of mind amongst the junior working populace from that of 'spare and purchase' to
'purchase and reimburse', have all consolidated to support the interest for lodging and at the same
point making a specialty interest for extravagance lodging as well.
All the while, the fast development of the Indian economy has additionally expanded the living
standard and needs of urban India. According to a study by Merrill Lynch in 2005, India is the
second quickest nation to create tycoons on the planet. This gives the land part a more prominent
push in the infringement of the new extravagance showcase and in addition in creating another
business sector fragment in India (Swiss Business Hub Russia, 2007).
An alternate real explanation for the expanding costs of land in India is the expanded
government using over framework advancement. The legislature set in its necessities to
accommodate better base for instance, building better streets for transportation, setting atomic
force plants to create power for taking care of the expanding demand of commercial ventures and
family units and so on. Such a lot of using on foundation straightforwardly influences the costs
of land and provides for them a push. India has kept aside $517 billion to use on framework for
its five year plan, as at 2011-12 and is anticipating that it will twofold it to $1 trillion for the
following plan of 2016-17 (HT Media, 2010). All these suppositions are setting off the ascent of
land business and the administration is expecting a joined together financing of $1.5 trillion by
different remote and household assembles in the impending 2-3 years. At the same point,
reserves which have put their cash in these bunches' IPO's (Initial Public Offering) are expecting
returns of 16%-20%. The premise of these desires are on the grounds of the blasting I.t. what's
more Outsourcing commercial enterprises, which has raised the necessities for quality business,
private, accommodation and social insurance offices (Indian Ground Reality Mantra, 2009).

In case of an NRI investor

Under the Foreign Exchange Regulation Act of 1973, Non-Resident Indians are:

Indian nationals who stay abroad for job or carrying on business or employment outside India or
for any possible reason in circumstances demonstrating an uncertain time of stay abroad.
Government servants who are posted abroad on obligation with the Indian missions and
comparable different offices set up abroad by the Government of India where the authorities
draw their pay rates out of Government assets.
Government servants deputed abroad on assignments with remote Governments or
local/universal offices like the World Bank, International Monetary Fund (IMF), World Health
Organization (WHO), Economic and Social Commission for Asia and the Pacific (ESCAP).

Authorities of the State Government and Public Sector Undertakings deputed abroad on
impermanent assignments or presented on their extensions or business locales abroad.

The loan amount shall not exceed 85% of the cost of the dwelling unit

The credit sum might not surpass 85% of the expense of the abode unit.
Reimbursement of the credit, including the central and enthusiasm including all the charges are
to be transmitted from abroad just through ordinary saving money channels, your Non-Resident
(External) [nr (E)] Account and/or Non-Resident (Ordinary) [nr (O)] account and/or Non-
Resident Special Rupee account [nrsr] in India.







VARIOUS METHODS OF PAYMENTS TO INSTALLMENTS
Installment of expenses, charges, Pre-Emi, extra investment and coincidental charges.

1. cheque drawn on a Non-Resident (Ordinary)/ Non-Resident (External)/Non-Resident
Special Rupee account.
2. post dated checks drawn on any of the above records.
3. demand draft/pay request from a Non-Resident (Ordinary)/ Non-Resident Special Rupee
account.
4. fcnr record.
5. funds exchange from abroad.
6. cash installments are not to be acknowledged.
Payments towards EMI:
Installments towards EMI are to be made through post dated checks drawn on a Non-Resident
(External)/ Non-Resident (Ordinary)/ Non-Resident Special Rupee account


















DOCUMENTS SUBMITTED WITH APPLICATION

1. photocopy of the work contract and English interpretation appropriately countersigned by
your head honcho
2. latest compensation authentication (in English) defining the accompanying.

Name,date OF JOINING, PASSPORT NUMBER, DESIGNATION, PERQUISITES AND
SALARY

3. photocopy of work card/character card.
4. photocopy of substantial occupant visa stamped on the international ID.
5. photocopy of month to month explanation of neighborhood financial balance throughout
the previous 6 months.
6. property related records.











Recommendations

1. Government ought to appropriately control the business sector of crude materials of REB.
Since the cost of development materials has been expanded by making fake lack in the nation.

2. Government ought to offer subsidy to the worry field to control the business and to spare
development industry.

3. Lack of area is reality. To tackle this issue land organizations ought to assembles multistoried
loft. At the same time there ought to be different sorts of offices for the welfare of the
individuals.

4. Power issue is a National issue. To take care of power issue government













CONCLUSION
The demand of housing of urban area in developing countries like India is dramatically
increasing. By born tendency people like to live and lead safe and sound life in a peaceful place.
We can enjoy renewal from various places but we can rest and revive our mind at one place that
called home but it will far away dream for people to purchase and build a home in Delhi city. So
the real estate business is an important sector in our country. This study is concerned with
problem of natural environment on real estate business. This report shows various problems of
Natural environmental problem and causes of these problems. For this study data was collected
from real estate companies and customers. In this report there some suggestions to solve these
problems. Marketers who take the help of this report can solve the problem of Natural
environment on REB. Government can also take help of this report to solve the Natural
environment problem. Government role is important in REB. Government should take initiative
to improve this sector

You might also like