Thursday, 16 April 2015

Devika Pragati Group : Bargain and Sale Deed


A deed is the written document which transfers title (ownership) or an interest in real estate property from one person to another person. The deed must describe the real estate property, name of the party transferring the property (grantor), name of the party receiving the property (grantee) and be signed and notarized by the grantor.

Devika Pragati Group’ understands the value of the hard earned money of our investors which they invest in the real estate properties.  In order to avoid any future inconvenience regarding the ownership claim, buyers must possess the fair knowledge regarding the following deeds:

The ‘Bargain and Sale Deed transfers ownership of a property from the seller to the buyer. It generally does not guarantee to the buyer that the seller owns the property free and clear. A bargain and sale deed resembles a quit claim deed, but the property is sold rather than relinquished.

A ‘Warranty Deedacts as a guarantee to the buyer that the seller has the right to sell the property, and that the property is free of debt or other liens. It is often used in a real estate deeds. The seller must defend the title against any and all other claims, and compensate the buyer for any unsettled debts or problems. Warranty of title and warranty against encumbrances gets covered under this deed.

‘Quitclaim Deed’ is also referred as non warranty deed as it offers the least amount of protection to the grantee. In this deed Grantor conveys whatever interest they may have in the real estate to the Grantee without any warranty whatsoever. So, if the Grantor has no interest in the property then the Grantee will receive no interest. 

Devika Promoters and Builders works to safeguards the investment of our customers by providing them information regarding these deeds.

Tuesday, 7 April 2015

Devika Pragati Group : Preparing homes for tomorrow


With the increasing rate of issues related to real estate, ‘Devika Builders and Promoters’ advise the investors to conduct a thorough verification of the important documents before purchasing the property.

To ensure litigation free real estate transaction, it is necessary to check few factors related to property purchase, such as:

Defect free title
In real estate property, a defective title usually means that the land being sold by a party claiming to have good title is actually owned by someone else. Defective title can have seriously negative effects on a real estate sale transaction. It could cause the title to be declared invalid, which ultimately results in confusion regarding the true owner of the property. A defective title can make a real estate transfer more complicated and can delay the process. In order to avoid these complications, investors must confirm that the title is defect free.

Property encumbrances
An encumbrance is a claim against, limitation on or liability against the real estate property. Encumbrances include liens, deed restrictions, easements, encroachments and licenses. Encumbrance usually impacts the transferability of the property and can restrict its free use until the encumbrances are removed. 

Check for No Objection Certificates (NOC’s)
Before investing in any real estate property, investor must check for the NOC’s from urban land ceiling NOC (if applicable) also NOC from electricity, water and lift authorities have been obtained or not. If property is in a society, then a NOC from the society is also required to check the legal status.

Devika Pragati Group’ completely understands the value of the hard earned money which buyers invest for purchasing their dream home. With our projects like ‘Devika Gold Homz’, ‘Devika Skypers’ etc, we have fulfilled our commitment to complete the entire procedure of buying real estate property systematically to reduce the hassles for our valuable customers.



Friday, 27 March 2015

Devika Pragati Group : Tips For Real Estate Investment

Investing in real estate property has always been a smart move taken by the market investors. The chances of downfall of this sector are negligible as compared to the other investment options available. Here are certain advantages as well as attractive features that you can enjoy by investing in real estate sector. Some of the attractive features of this investment are:

It is one such investment where you can easily use bank's money by getting it mortgaged and paying the amount over long period of time. The ability to make a down payment, leveraging your capital and option of choosing the type of EMI’s can be experienced in the real estate sector.

Regular cash flow is one of the advantages that investors gain by purchasing a real estate property. It is often referred as income producing investment as it allows you to achieve higher returns in terms of rent collection and property appreciation.

Real estate investors have lots of options to legally protect their investment which is not so possible through other investments like stocks and bonds.

There is more control over the frauds involved in this sector as the investor himself can physically walk the grounds of the property, and inspect the apartment or the villa and even choose to reside there. In this case, at ‘Devika Pragati Group one can avail best quality projects with all the desired amenities.

Investment being done in our projects like Devika Gold Homz and Devika Skypers, will proved to be a long term wealth creating plan for the investors.


Monday, 2 March 2015

Resources Available in Greater Noida : Devika Gold Homz



Devika introduces Devika Gold Homz in Greater Noida, a treat to your lifestyle. Devika Gold Homz offers 2BHK, 3BHK and 4 bedroom apartments at affordable prices that are Intelligently planned, crafted with precision and embellished with care.

 
Location: Greater Noida is just 35 min. from Delhi via 6 lane expressway, 40 min. from India Gate and 55 min. from the Indira Gandhi International Airport.  Supply of basic amenities exceeds the demand at all stages of development. Greater Noida is having pollution free environment. Roads are 60-105 meter wide.

Education: Reputed schools like DPS, Aster Public School and Somerville are there. They use to give very good result in high school and intermediate.  These schools also use to provide sports facilities along with academic knowledge. There are lots of good Engineering & Management colleges which gives Placement after completion of course.

Commercial Infrastructure: Scientifically-planned sector layouts with community and recreational centers, parks and playgrounds at the sector level. Ready to move in apartments and space for building houses are available. Sports Complex is spread in the area of 240-acres and 222-acre PGA-standard golf course. A number of  shopping malls are under construction.

Internet: Due to internet this world have became small. We can contact to anyone in any part of the world . for high speed internet Optical fiber has been laid to provide broadband connectivity of 650 MBPS through 4 service operators.

Electricity:  Electricity is basic need in any part of the country today. Electricity of this area is Privatized and  power distribution in this part of Noida is reliable. NPCL (Noida Power Company Limited) provides the electricity in Greater Noida.  Electric cabling and drainage system is Under grounded.

Water: Water is most important need of sustenance of life.  Abundant amount of water supply is present in this region and sweet ground water is also present in Abundant. 25 percent of total area is full of greenery. Due to lots of trees air is fresh.





Friday, 30 January 2015

Best Builders in Rajnagar Extension

Devika Pragati Group aspires to fulfill all the aspirations of home buyers by offering an ultimate range of residential complex.

There are several factors that influence the choice of home yet upon analysis and through interpretation of the buyer’s choices, we are bringing forth few things that more or less all buyers consider while choosing a home. This is an all inclusive list that each one could relate to and the ones who are new to this could infer from.

They say that you should own the smallest home in the nicest neighborhood that you can afford. Who doesn’t agree with the fact that a good neighborhood makes life heaven? So, apart from the house, neighborhood too should have to meet the expectations before closing the deal for the home.
The home has to be big enough to accommodate the family members as well as the furniture. So based on that decide how many bedrooms and bathrooms you really need, and only look at homes that meet your criteria. An extra bedroom is always a plus, as it can be used for a home office, craft studio, or guest room.
Natural lighting via sun is excellent as compared to the artificial ones. After all, who doesn’t love a bright sunny room? It’s great when you get natural light and sunshine in home. People often choose homes where the windows are aptly placed to give way to sunlight.

Everything in a home can be changed as well as revamped even later but the only thing that couldn’t be changed easily is the “Location”. Hence location matters a lot. When you go house hunting, consider any potential home's proximity to your work, the charm of the neighborhood, how the home is situated on the lot, ease of access, noise from neighbors, traffic, or pets, and access to parks, shopping, schools, and public transportation.

Friday, 2 January 2015

Pragati Tower : Pragati Group


Pragati Tower is an international class engineered commercial property,located in Rajendra Place, Delhi.Pragati Tower space is built by the maestros of real estate domain who have given this commercial building an international appeal for such minimum price. The facilities and architect of the building is up-to-date, and the surroundings are beautifully green.

Pragati Tower is abandoned from the catastrophe of the world and located in the ceremonial surrounding of nature. The green surroundings and picturesque views pump up the blood in life and with the amazing spirit in the environment, you want to live, enjoy and touch the sky.

The foundation of Pragati Group’s glorious emergence rests on its unflinching policy of honoring commitments. The Group has always believed in building its reputation by delivering more than it promises. This has led to a situation where every customer becomes a brand ambassador of the company.

Contact Person :Ajay Sharma
Email : info@pragatigroup.in

Wednesday, 10 December 2014

Devika Tower : Office Space Beyond Decor


Devika Pragati Group, the best builders in Delhi takes pleasure in launching Commercial spaces that fulfill your desire of a perfect office in grand location.

The biggest and most important assets of a company i.e., the people and property are greatly influenced by the office design. We shape buildings but they shape us too and this holds true for both residential and commercial spaces where we invest our time. And major portion of waking time is spent in office, which means that it impacts us more than anything else.
Some people look at office as a cost and some look at office as an investment to fetch even more out of the money spent in buying one, but either way, at some point you’re going to have to spend something. So here’s this post for all the individuals who are hunting for new office space to let your expenditure be pleasurable.
 A good design reflects the culture of the business and designing would vary based on the area. This indicates the precondition of recognizing the size of office space that is desired based on the number of employees, designing thought as well as the future endeavors of expansion, if any.  
The key to perfect design is having spaces that reflect a culture of everything that motivates and drives people. A space with autonomy and flexibility – that’s a space that can transform a business. Subsequently, employers are starting to realize that space can be a tremendous lever. Office space is now being seen as a significant factor in recruiting, maintaining and maximizing talent. If you have big brains working in your building, you want them bumping into each other – not just sitting at a lump of wood. When you create a bit of flexibility, you’re creating a whole new dynamic in the workplace. People feel trusted more when they are given responsibility for their own output, given freedom.
So, make the decision upon exact estimate of space requirement and once you are handed over the property design it in a way that enhances your working experience as well as satiates the staff that they are associated with a firm that cares for them and gives them the space that they can cherish while indulged in the work.
People and property are your best assets. And office space is an investment to boost performance, engagement and aid recruiting and training top staff.