Landmark Properties

Luxurious 2 & 2.5 BHK apartments in Balewadi!! Ready possession! No VAT No Service Tax!
Very close to the highway.Behind MITCON college.
Come and book your dream flat today!

What is the difference between built up area, super built up/ Salable area and carpet area?

Carpet Area: Area of the apartment/building, which does not include the area of the walls.

Built up Area: Includes the area of the walls also.

Salable/Super Built up Area: Includes the built up area, along with the area under common spaces such as the lobby, lifts, stairs, etc.

These terms are only applicable to multi-dwelling units.
The percentage relation between carpet-builtup-superbuiltup-salable is not regularized and may vary between 25% to 40% depending on property being residential, office, commercial or shops.

How does a housing finance company decide on the loan amount?

Most companies give a maximum of 80 to 85% of the cost of the house. The 15-20% (seed money) will have to be provided by the loan applicant. The amount, for which the applicant is eligible, is determined by the age, income, no. of dependents, monthly outgoing and repayment capacity.

Landmark Avenue office spaces.

Bhoomipoojan at Landmark Primrose Balewadi. 2 & 3 BHK flats.

How is an EMI calculated?

EMI or Equated Monthly Installment is the amount payable to the lending institution every month, till the loan is paid back in full. It consists of a portion of the interest as well as the principal.
EMI Formula: l x r [(1+r)n /(1+r)n-1 ] x 1/12
(l = loan amount, r = rate of interest, n = term of the loan)

What is market value ( as per ready recknor /Govt rate) of a property & it's relation to stamp duty?

Market value means the price at which a property could be bought in the open market( as per ready recknor /Govt rate) on the date of ex*****on of such instrument. Such ready recknor is revised & published on the 01st January every year.
Stamp duty is to be paid on market value or actual sale value, whichever is higher.
The ready recknor was increased by 14% in January 2014.

Read More.. http://epaperbeta.timesofindia.com/Article.aspx?eid=31814&articlexml=Ready-reckoner-rates-increased-by-14-in-city-02012015001018

Landmark Exotica ... A project that started 1 and a half years back .. is all set for hand over !
A premium stand alone residential project with 2 & 3 BHK apartments.

Landmark Regency. Completed in 2012.

A luxury homes project located in the heart of Baner

Projects by Landmark Properties.