– Vitrified tiles for the entire floors
– Children’s park
– Landscaped garden
– Reticulated gas system
– Health club with all equipments
– Swimming pool
– Party Area
CHARGES FOR COMPANIES:
Rent rate /sq ft : Rs.26.15
Service Tax : 10.3%
O & M Charges : Rs.4/- per sq ft
Power/water/A/c Charges : Actual as per consumption
Annual escalation : 5%
Security Deposit : 6 months Rent
License Period : 11 Months
* Project area: 44.46 Acres
* 22 Kms. from Kollam City
* 70 Kms. from the Trivandrum International Airport
* Location: On the banks of Kanjirode lake, a tributary to Ashtamudi lake
* Type of development: SEZ
* Basic infrastructure- power, water, roads, telecom, datacom, water treatment plant STP, Executive Hostel, Health, Club, Food Court etc.
* SEZ Land parcels available for IT/ITES Companies and/or developers on long lease
* SEZ Built-up space available on monthly rental basis to be ready by August 2012
Fore more on Technopark – Kollam you can read here
It gives us pleasure and honour to proclaim our close association with a cross – section of clients who include Kshitij (retail destinations), Pantaloons India Ltd, Berggruen Hotels, Foodworld, Spencer, Muthoot Group, TATA (AIG), Bajaj Auto limited, Indraprastha Hotels, Shilpa Hotels, Kalpana Group, SBI, Birla Sunlife, Various NRI groups, Educational Trusts – to name but a few. With our exposure, efficiency and experience in the local area, we are of the opinion that we could enhance our output by associating with you and benefit from a cumulative effort.
|S.No||Project||Sft Area||S No||Project||Sft Area|
|1.||Saraswathy Nilayam I||49,540||11.||Queensway Point||71,550|
|2.||Saraswathy Nilayam II||49,560||12.||Glen Valley A||18,122|
|3.||Kowdiar Manor I||56,985||13.||Whitehaven||40,457|
|4.||Kowdiar Manor II||56,985||14.||Embassy Homes I||18,991|
|5.||Wilcrest Point||28,613||15.||Ashtree Manor||45,210|
|6.||Cotton Hill Heights||1,71,000||16.||Beaumont Terrace||34,456|
|7.||Cotton Hill Heights Offices||11,700||17.||Glen Valley B||18,892|
|8.||Highland Park||49,470||18.||Bains Court||18,159|
|9.||Capitol Center||32,829||19.||Glen Valley C||17,596|
|10.||Windbrook Place||1,53,000||20.||Kempton Manor||43,440|
|22.||Embassy Homes II||39,107|
|23.||Green Hill Heights||52,481|
|24.||Green Hill Village||22,000|
Olive Builders . Source – http://www.olivebuilder.com
Olive Builders have been brightening the lives of many for the past 25 years. The commitment to quality workmanship and timely delivery of projects has created a vast base of customers from all over the world. The good will earned from the customers has become the most valuable assets for the company to grow rapidly and consistently.
Right from its inception, the company has been constantly offering quality living spaces at strategic locations. Dedicated work force, intelligent designs, stringent quality standards in construction, attention to details has helped Olive Builders to grow beyond the expectations. The completed projects stand testimony to the quest of intelligence.
Speed of Sanction – 7 working days
Ease of documentation – Pre- Approved projects only.Less Documentation
Balance Transfer Charges – (incase of refinance) 2%
Part-payment Charges – Nil
Switching Charges – (Fixed to Floating or vice-a-versa) 1.75%
Loan to Value ratio – Upto 20 lakh-90%,Above 20 lakh-80%
Customer Service – Good
Franking Charges – 0.2%
Documents Needed – Salaried Individual
Documents Needed – Self Employed
Loan To Value Ratio –HDFC Home Loan can be applied for a maximum of 85% of the property value subject to credit discretion
Through its Home Improvement Loan scheme, it facilitates internal and external repairs and other structural improvements. HDFC finances up to 85% of the cost of renovation (100% for existing customers) subject to market value of the property.
Speed of Sanction
Subject to all documentary compliances loan sanction within 7 working days
Loans are available to individual to purchase or constructed houses.
Anyone can apply for home loan individually or jointly
Loan is available up to 80% of the cost of property based on repayment capacity of the customer
Automated repayment of home loan by giving standing instructions or PDC’s
Flexible repayment options are available
Minimum age to apply for home loan is 21 years, and maximum age at maturity is 60 years
Minimum 2 years in employment and minimum of 1 year in current organization.
Late payment charges: 2% per month
Cheque swapping charges & Cheque bounce charge : Rs 500/-each
Duplicate statement charges: Rs 100 per page, Maximum Rs 300/-
Issue of duplicate provisional interest certificate, balance certificate, amortization schedule charges Rs 300 each
Prepayment charges: No prepayment is allowed in first 6 months, 6 months to 5 years it is 1.5% of original loan amount,for 5 to 10 years 0.75% of original loan amount & for >10 years there is no closure fee
Loan is available at both floating rate & fixed rates
Floating rates are linked to base rate & BPLR
Application form with recent photograph
Latest salary slip and Form 16
Bank statement for last 3 months
Proof of Identity (any one): Passport/Driving license/Photo credit card/Employee license/Voter’s ID/PAN card
Proof of Residence (any one): Driving license/Any utility bill/Govt. or authority bill
For Self Employed Professionals / Self Employed Businessman
Application form with photograph
Identity and Residence Proof Identity and Residence Proof
Education Qualifications Certificate (for professionals only)
Last 3 years Income Tax returns, Profit /Loss account, Balance Sheet and computation of income
Business profile (for non professionals only)
Last 6 months bank statements ( personal and business accounts)
Proof savings & investments
Processing fee cheque
* NRI’s are required to submit copy of the passport, work permit, CDC (in case of sailors) and
visa in addition to the documents listed above.
This is a prudent thing to do, however there are a multitude of other things which you should keep in mind as home loan is usually for a tenure of about 20 years. So these factors also mean a lot to your experience during the tenure of the loan.
For more information please reach out to our expert team at Nandanam Consultants
Different categories of home loan
Factors to consider for your home loan:
What differentiates a good home loan lender-
A good lender is one who clearly discloses all terms and conditions, is responsive to your requirements and gives you a loan at easy rates. A home loan demands constant servicing for next 15-20 years, and therefore, interest rate should not be the only base of choosing the lender.
Check credentials of the lender- It should be remembered, that the Reserve Bank of India (RBI) has no control over what the loan provider will charge. Each lender has its own cost of funds and they accordingly decide the charge whatever it deems fit. So, you should compare what a lender is charging as interest rate to new customer and on loans which are already running with them for past 2-3 years. This will help you decide what would happen to you two years down the line.
Negotiation- If you are earning good income and have a decent CIBIL score then you should try to negotiate for home loan rates from lender. You might get 0.25 to 0.75 percent rate lower than normal. It also involves doing negotiation for processing fee. Many lenders are charging 0.5 per cent- 1 per cent as upfront fee but if you will do negotiation then it can be lowered to 0.1 per cent.
Stick to one lender- Never make a mistake of applying to 5-6 banks at a time as after the introduction of CIBIL, each new loan enquiry can lower your credit score by approximately 10 basis points. A low credit score can impair your power to demand an easy rate. So, you do your research or talk to our experts before discussing the final deal.
Fixed or variable interest rate?- Interest rate varies from time to time and it is a good idea to do a proper analyzing of liability portfolio on the regular basis in order to get maximum benefit out of it. It means, if you are borrowing for a short period, i.e., for 2-5 years, then you should go for fixed rate, or else, you can choose the variable interest rate, in the hope that the interest rate will come down in the longer tenure.
Right selection- Since loan is for the long-term, therefore, you should select that company which is offering other loan products also, like, personal loan, car loan, education loan, etc. If required, you will be able to get preferential interest rates on other products also on the basis of your track record with the lender.
This will also avoid running from one lender to other for your varied financing requirements.
Enjoy the real essence of life by adding flavours to it. In that sense, the right home selection is most important. “Blue Diamond”, project from Samson & sons will be the right selection for those who want to enjoy the real essence of life. “Blue Diamond” is located at Ulloor, Trivandrum. Other features are furnished lobby and reception, landscaped garden, children’s play area, roof top party area and 8 persons lift. “Blue Diamond” presents 12 apartments of 3 & 2 BHK. Ideal for medical professionals / Doctors. Book now and own your dream home.
Fifth phase project in Kristal Techpark-View, Residential Township Project. Onyx A consist of 2 & 3 BHK apartments with premium specification and world class Club House amenities.
2 Base + G + 17 floors
Total No. of units 72
4 apartments in a floor
2 & 3 BHK available
2 BHK – 1235 Sq.ft – Type C & D
3 BHK – 1876 & 1821 Sq.ft – Type A & B
Kristal Tech Park View – Campus Features
Exclusively residential project.
7mtr wide well tarred arterial road.
High Quality Vitrified tile flooring.
High Speed Lifts.
Power back up for Lift,common lighting & pump.
Standard 0.5 KVA inverter for all individual units.
Duel water supply system.
Sewage Treatment Plant in the campus.
Modern Fire fighting equipments.
Centralized gas supply.
Provision for Broadband Internet Services
Privilege membership card for the club house Kristal Tulips.
Rain water harvesting.
All apartments including lift are connected via.Intercom.
24 Hrs security for the campus.