Strategically located on prominent junction of 24m and 18m wide road connecting urban corridor of Ahmedabad - Thaltej - Vaishnav Devi Circle - Gandhinagar Hrudhya forms an integral part of Gandhinagar's urban area with ease of access to Ahmedabad International Airport; Hrudhya shares location with National land mark institutions, National/International corporates', IT companies and Education centers, ease of mass public transportation, Metro connectivity, low cost living with High Urban standards makes Hrudhya a natural choice.
It is 45m height residential project in Gandhinagar. Project offers Green Building, Sustainable planning, double height lobby entrance, more parking, unhindered car movements, swimming pool, gymnasium, Mini Theater, coworking space, library are some of the unique features of the project.
Building is 45 m height and has 14 Floors.
Ceiling height of the room is 2.95m top to top.
Double Height Entrance with Glass door, reception table and waiting space are the few attraction of the Lobby Area.
Two lift are provided in each block with fire protected staircase.
Two level basement parking facility is provided
Double coat sand face plaster is proposed for the project.
Granamite tiles of size 900mm x 900mm is proposed in all rooms.
Sufficient provisions of Visitor parking is provided at Ground Level.
Local bus station is proposed adjoining to the property. Private public transportation like auto rickshaw, Uber, lyft, ola services are also available in the region.
Ahmedabad International | Domestic Airport are 15 kms away from the location. With express and VIP road it can be reached within 25 minute time.
There are three options for the Railway Connection. State of Art Gandhinagar Railway station is located at distance of 10 Kms. Sabarmati Railway station connecting to all major part of India is 18 kms away. One can also use Ahmedabad Railway station which is 27 km away from the project site.
State run bus GSRTC bus terminal at pathika is located at 3.5 km from the location. While for local commute bus station is adjoining to the site facility.
Hrudhya is in Mid of Urban development of Gandhinagar Authority with good neighbourhood. Grocery stores, kinder garden, primary school, secondary school and premium colleges and institutions are just in radius of 3 kms.
If purchaser intents to purchase, then "Information Form” must be filled up by showing intention of purchase. In “Information Form” financial details, Applicants Details, Schedule of payments and detailed terms and conditions are mentioned which purchaser has to read carefully before signing “Information Form”. After an amount paid registered agreement will be executed. After final payment sale deed will be executed.
Documentation will be done on the Carpet Area as defined by RERA regulations.
‘Carpet Area’ means the net usable floor area of an unit excluding the area covered by the external walls, areas under service shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the unit.
Maintenance payable for 36 months in advance is the Builder maintenance charge payable at time of possession. The cost covers general maintenance, common electric bill, security charge, gardening and property maintenance. But cost does not cover property tax or any capital expense.
Member maintenance deposit is amount which shall be deposited in bank will cover (a) general maintenance, (b) common electric bill, (c) security expense, (d) property maintenance.
For sale deed and transfer of the property legal charge of rupees 50000 and actual stamp duty and registration charge payable to government.
Non-refundable 5% is applicable as per Government rules and regulations for the project.
Any GST has to be paid to the Government and hence any GST so paid is non-refundable. According to GST regulations GST so paid in purchase of property cannot be claimed by purchaser.
Any unit bought after obtaining Building Use permission GST is not applicable.
All payment shall be made on name of ‘Dhruvi Infra’ having its RERA master collection current account at HDFC Bank having account number 50200048498815 IFS Code number HDFC0001680 Vasna Ahmedabad – 380007 Gujarat India. SWIFT code is: HDFCINBB
Booking can be done by (a) Down Payment or (b) Regular Payment. Down Payment means paying full amount of consideration within one month. Regular payment means paying first instalment of the 30% and rest instalments are divided into equal monthly instalments subject to progress of work as decided and defined in agreement. Schedule of payment is attached as Annexure - I
Cost of the unit does not cover (a) Other Charges, (b) Builder Maintenance Deposit, (c) Member Maintenance Deposit, (d) Documentation and legal charges. Cost does not cover any ‘extra work’ proposed by member.
After the rates finalized, intending client must fill and duly sign the 'Information Form’ token amount and submit to register office at “Dhruvi Infra, 2nd Floor, H. K. Complex, Near Dharnidhar Deraser Paldi Ahmedabad – 380007 Gujarat India”. Application form is attached as Annexure II. At 30% payment registered agreement will be executed between Dhruvi Infra and Party. At the time Provisional Allotment letter will be issued which will be valid till execution of registered agreement.
Any delay in payment of instalment shall attract interest of 9%. Any subsequent delay of payment by two instalments will attract cancelation of the booking under cancelation policy of the company.
If purchaser fails to pay more than two instalments along with 9% interest, then developer shall give notice of fifteen days. If payment is not received within the notice period cancellation process will be initiated and after deducting relevant amount payment shall paid to purchaser after sell of the unit.
An Indian citizen who stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident. (Persons posted in U.N. organisations and officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as non-temporary assignments are also treated as non-residents). Non-resident foreign citizens of Indian origin are treated on par with non- resident Indian citizens (NRIs).
A person of Indian origin means an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan)
The Overseas Citizenship of India(OCI) is an immigration status permitting a foreign citizen of Indian origin to live and work& in the Republic of India indefinitely. Person who has held passport of India any time or who or whose father or paternal grandfather was citizen of India by virtue of the constitution of India or the Citizenship Act 1955.
Yes. NRIs can buy and sell residential and commercial properties in India.
There is no restriction on the number of residential or commercial properties an NRI can own in India. However the law restricts NRIs from purchasing any kind of agricultural land/ plantation property/ farm house in India.
Yes, under the general permission granted by the Reserve Bank, property other than agricultural land/farm house/plantation property can be acquired by NRIs provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchaser's NRE/FCNR accounts maintained with banks in India and a declaration is submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.
Reserve Bank has granted general permission to foreign citizens of Indian origin, whether resident in India or abroad, to purchase immovable property in India for their bona fide residential/commercial purpose. They are, therefore, not required to obtain permission of Reserve Bank.
They are required to file a declaration in form IPI 7 with the Central Office of Reserve Bank at Mumbai within a period of 90 days from the date of purchase of immovable property or final payment of purchase consideration along with a certified copy of the document evidencing the transaction and bank certificate regarding the consideration paid.
The following is the list (non-exhaustive) of documents required for NRIs to buy property in India: PAN card (Permanent account number), OCI / PIO card (In case of OCI / PIO), Passport (In case of NRI), Passport size photographs, Address proof
An NRI/PIO cannot usually buy agricultural land/plantation property/farm houses in India. Proposals to buy such a land have to be specifically approved by RBI, in consultation with Government of India. The only way they can acquire an agricultural land is by inheritance.
Yes, the Reserve Bank has granted general permission to NRIs to acquire or dispose of NRI India Properties by way of gift from or to a relative who may be an Indian citizen or a person of Indian origin (PIO) whether resident in India or not.
The Reserve Bank has granted some general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc, and authorized dealers to grant housing loans to NRI nationals for acquisition of a NRI house/flat for self-occupation subject to certain conditions. Criteria regarding the purpose of the loan, margin money and the quantum of loan will be at par with those applicable to resident Indians. Repayment of the loan should be made within a period not exceeding 15 years, out of inward remittance through banking channels or out of funds held in the investors' NRE/FCNR/NRO accounts.
The documentation required to be submitted by the NRIs are different from the Resident Indians as they are required to submit additional documents, like copy of the passport and a copy of the works contract, etc. and of course NRIs have to follow certain eligibility criteria in order to get Home Loans in India. Another vital document required while processing an NRI home loan is the power of attorney (POA). The POA is important because, since the borrower is not based in India; the Home Finance Company would need a 'representative' 'in lieu of' the NRI to deal with and if needed. Although not obligatory, the POA is usually drawn on the NRI's parents/wife/children/ close relatives or friends. The documents needed for obtaining NRI home loans are Bank specific. General list of documents are as mentioned below:
Passport and Visa
A copy of the appointment letter and contract from the company employing the applicant.
The labour card/identity card (translated in English and countersigned by the consulate) if the person is employed in the Middle East Salary certificate (in English) specifying name, date of joining, designation and salary details.
Bank Statements for the last six months
List of Classified documents for Salaried and Self Employed NRI Applicants. Banks may have specific requirements apart from the below listed documents.
Salaried NRI applicants
Copy of valid passport showing VISA stamps
Copy of valid visa / work permit / equivalent document supporting the NRI status of the proposed account holder
Overseas Bank A/C for the last 3 months showing salary credits
Latest contract copy evidencing Salary / Salary Certificate / Wage Slips
Self-Employed NRI Applicants
Passport copy with valid visa stamp Brief profile of the applicant and business/ Trade license or equivalent document
6 months overseas bank account statement and NRE/ NRO account
Computation of income, P&L account and B/Sheet for last 3 years certified by the C.A. / CPA or any other relevant authority as the case may be (or equivalent company accounts)
The mere acquisition of property does not attract income tax. However, any income accruing from the ownership of it, in the form of rent (if it is let out)/annual value of the house (if is not let out and it is not the only residential property owned by that person in India) and/or capital gains (short term or long term) arising on the sale of this house or part thereof is taxable in the hands of the owner.
Yes. Long-term and short-term capital gains are taxable in the hands of non-residents.
In case of sale of an immovable property, the Double Tax Avoidance Agreement (DTAA) with most countries state that capital gains will be taxed in the country where the immovable property is situated. Hence, if an NRI owns immovable property in India, then he/she will be subject to pay tax in India on the capital gains which arise on the sale of the property. Similarly, letting of immovable property in India would be taxed in India under most tax treaties