Instead of depending
on a broker, now you can search for that bit of
real estate with your mouse
Propertymart India
Propertymart India was formed
by two leading organisations: Housing Development Finance
Corporation Limited and Mahindra Information & Technology
Services. Though it boasts of featuring property all over India,
at the moment you can look up properties only in the major cities
of Bangalore, Mumbai, Chennai and Pune. After you register your,
you can use the customised property locator to instantly look up
properties available in these cities. The property is classified
as buying or leasing and residential or commercial. The site acts
as a hub for information, comparative analyses, entering into
transactions, and availing of professional services. The FAQ
provides a useful guide on the many facets of home buying like
budgeting for this major deal, getting loans from housing
financial institutions, identifying property, information on
documents required and cases where clearance from the income tax
department is needed.
Indiahomeseek
This one comes from the
financial giant ICICI has tied-up with over 4,000 property
dealers in the cities of Mumbai, Pune, Bangalore, and Delhi with
Madras, Calcutta and Hyderabad also to be added. If you enter the
'Best deals' section you can locate a house or flat which meets
with your requirements. Since ICICI provides home loans you can
not only select the home of your choice here but also get the
wherewithal to finance it. There is a guide to home loans and
details about those provided by ICICI. Yes, you have the facility
of applying online for these loans. Other sections provide real
estate news, property reviews, legal information, home-buying or
selling tips, NRI guidelines and information on Vastu Shashtra.
Indiaproperties
Indiaproperties features
separate sections for sellers and landlords, buyers and tenants,
brokers and builders, housing finance. Anyone wanting to sell
property in any part of India can avail of the listing services
here for Rs 500 an item. Listings cover residential, commercial,
agricultural and industrial property. If you're looking out to
buy, you can use the free search feature to locate your ideal
property anywhere in India. Just enter your property requirements
and get an instant short list of properties conveniently sorted
by city, builder, property Type, area, price range, etc. There
are some nifty calculators included here for conversion of
measurements, calculating EMIs and the amortisation schedule. The
last helps you find out exactly how much principal and how much
interest you are going to pay each month on the entire life of
your specific loan. It gives you the detailed breakdown of
principal, interest and loan balance for each month. There is
also a section here which gives specimen legal forms like
agreement for sale, transfer deed and power of attorney.
Indian Property Laws
The above site may give you
some specimen legal forms, but if you want to delve into all the
legalities involved in property transactions then Indian Property
Laws is the site for you. The site has been developed by a legal
firm with several years of experience in the property market, so
you can be quite sure about the authenticity of the information.
To start with, the handy check-list for buying and selling of
property gives a clear and detailed picture of what is involved
in a property deal. Other sections provide information on
registration of documents, stamp duty, the running of cooperative
societies and the valuation of immovable property. This is mainly
a Mumbai-centric site so it contains an add-on of property rates
in various areas of Mumbai.
Indian Property
Market
A big draw of this site is the
lists of links it provides. First, there are the colonisers which
consists of some of the biggest names in the building industry.
Thus you have the various Raheja companies, Ansal Properties,
Evershine Builders, Great Eastern, Hermes Group, Hiranandani
Group, Kalpataru Builders, Mittal Group and Tata Housing. Then
there are the housing finance companies which include Can Fin
Homes, Dewan Housing Finance, Global Housing Finance, HDFC, Home
Trust Housing Finance, ICICI Housing Finance, LIC Housing Finance
and L& T Finance. To aid you in your search for property are
the citi-wise links providing information on real estate in
Ahmedabad, Mumbai, Bangalore, Calcutta, Chennai, Hyderabad, New
Delhi and Pune. There is a nice stamp duty calculator here, where
you just fill in the property value and you get the stamp duty
amount.
Contact: Manuel Fernandes
Updated 18/June/2000