Aargee Property Services Pvt. Ltd.
 

The Indian real estate sector had been going through a high night upto late eighties. With the commencement of the unprecedented ( and unreal ) bull run in the stock market across the country during the early nineties, the real estate market actually stabilised with steady business and growth.

However, as the great stock scam was unearthed and broke down bourses, the real estate market literally went through the roof. It grew in leaps and bounds as people now chased builders to park their money, creating an artificial demand even at unrealistic and absurdly high property prices. Inevitably, there emerged a strong unorganised sector in this trade, unscrupulous practices gained momentum, and ethics to tally out of fashion.

Then came the inevitable crash when we found ourselves up a blind line with abnormal volumes of stock on drawing boards, higher inventory under actual construction, an absolutely unlimited supply of ready property, and most importantly, with no options out. The prices started sliding down consistently till by about 1998 - 99, they hit an all time low. The liquidity crisis in the national economy was suddenly very real and pushed us all against the wall.

The industry has gone through a corrective phase where today the end user is the main beneficiary. The trade has discarded most unwanted elements and retained only the committed players with capability of providing high capital investment and technical infrastructure, business knowledge, desire for quality, and very importantly, long term vision. The housing companies are wooing the flat buyers with the best ever bidding rates in a fiercely comparative home loan market. Hence fence sitters should no longer await a further dip in prices as signs of escalation are already showing up. The buyer gets true value for money today along with a new and unique pleasant buying experience with professional as well as personalized service.

For a densely populated country like ours, housing is one area which requires constant attention of the policy-makers. While presenting the Union Budget 2000 Finance Minister, Shri Yashwant Sinha had a special mention for the Rural Housing. "Housing for All" has been identified as a priority area in the Agenda for Governance. For the coming financial year, a goal of proving 25 lakh dwelling units in rural areas has been fixed. Schemes for meeting the needs of different sections of society have been prepared .  

 
Under Indira Awas Yojana it is proposed :
i)

To provide more than 12 lakh houses for the people below poverty line.  For this purpose , an amount of Rs.1,501 crore is being provided in the budget.

(ii)

The families with an annual income of below Rs.32,000 per annum, assistance will be provided for construction of 1 lakh house of Rs.92 crore is being provided in the budget for this scheme.

(iii)

The National Housing Bank will provide refinance to banks and housing insurance companies for construction of 1.5 lakh house under Golden Jubilee Rural Housing Finance Scheme.

(iv)

To further improve the availability of housing finance in rural areas, Government have decided to provide equity support of Rs.350/- crore to HUDCO during the Ninth Plan period. Of this, Rs.200 crore have already been released and it is proposed to release a further amount of Rs.100 crore in the next year. With this enhanced equity support, HUDCO will be able to leverage these funds and raise further resources to facilitate and provide finance for the construction of about 9 lakh houses in the rural areas in the coming financial year.

(v) The cooperative sector and voluntary agencies etc. will support the construction of another 1.5 lakh houses.
 
 
Details of Services offered 
1.

Facilitator of purchase of properties.

2.

Facilitator of Rented properties

3.

Complete maintenance of properties :

  • Rent Realisation

  • Payment of outgoes

  • Electric, Phone, Water etc. arrangement.

  • Repair

  • Legal Matters

4.

Urban land ceiling matters.

5.

All sorts of Legal matters

6.

All sorts of Municipal matters right from Mutation to Assessments etc.

7.

Advertising in respect of Properties

8.

Legal matters - complete including Sale Agreement to Conveyance.

9.

Survey, Sanctions of Plan, Architectural Works

10.

Maintenance of High rise Buildings.

11.

Holding of power of Attorneys for NRI & MNC etc.

12.

Counseling  in Property Matters of whatsoever nature.

13.

Housing Finance inclusive of Promoter financing.

14. Industrial land matters as per latest Govt. orders.
Call in now for more information :
Aargee Property Services Private Ltd. 
25, Baranashi Ghosh Street, ( Near Girish Park ) 
Calcutta - 700 007. India
Phone : 239-4184, 239-6035. Fax : 091 033- 233-6612 
Email: insurance@prgindia.com
 
 

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