Completed Projects Grand Avenue
The Grand Avenue
Mohidin Properties & Holdings- a division of the renowned Mohidin Group has always believed that the living space is an extension of one’s own inner life. To materialize the dreams of our clients, we give attention to every detail of the interior and exterior space. We have a dedicated team of architects and interior designers to merge the needs of our clients with the plan, furniture, floor, kitchen space etc. By applying our minds and energy, we turn ordinary living spaces into modern, contemporary and innovative spaces. No wonder that Mohidin Properties & Holdings emphasizes on changing living into an experience.
The experiences in Real Estate industry have helped us formulate and comprehend the concept of a home. A home is not just a house, but an expression of one’s individuality, a home has a soul, a character and a personality all its own. Needless to say, we give utmost importance in implementing this concept and focus meticulously on every detail and the client’s needs.
Quality, Economy and Comfort are the factors that we rely on to achieve the needs of our clients. The Grand Avenue project stands testimony to the quality that we provide. We are constantly redefining luxury and taking living experience to newer dimensions.
About the Grand Avenue
Established decades ago in Goa, The Mohidin Group is a multi-faceted company engaged in diverse business activities like Real Estate, Metals, Timber, Auto Care, Resorts and Educational Trusts among others. After understanding the needs of the milieu, Mohidin Properties and Holdings was established to extend its arms to creating its 1st project: The Grand Avenue.
The Grand Avenue, the mystic experience of a contemporary lifestyle is being promoted by the Mohidin Group, one of Goa’s oldest and renowned business houses. This ambitious project brings with it the promise of great quality and value for money for your investment.
Through the company’s unique approach, we aim to develop design and implement the most innovative yet cost effective solution for each project regardless of its size whether it is a fresh design or a total redesign or a need to increase the amount of usable space. We have the experience and expertise to ensure that the promised design concept is translated into reality, on time to budget with desired quality and minimum disruption to business operation.
While undertaking an assignment, we believe in interpreting the essence of the inhabitants and reflect that style into a life-enhancing environment. To envision the completed project, we follow a process of reflection, planning and execution. The final plan is implemented utilizing quality material and workmanship. Our work shows outstanding design and workmanship in every detail. The Grand Avenue is an Example.
Overview
The Grand Avenue, the mystic experience of a contemporary lifestyle. Promoted by The Mohidin Group, one of Goa’s oldest and renowned business houses, this project brings with it the promise of great quality and value for money for your investment.
The Grand Avenue provides with about 78% of open area in the complex leaving no space for congestion. Also provided is an inward looking courtyard with more than 4000 sq. feet of landscaped gardens with childrens’ play area. There is adequate area for jogging and workouts also.
One covered stilted car parking is compulsorily provided for each apartment and separate parking for visitors’ vehicles inside the premises. The complex is well protected by security 24 hours a day.
No need to hit the panic button in case of power failures as special care has been taken for your safety and comfort by providing backup generator for elevators and common areas of the complex.
Rise to the higher floors and one can experience the tantalizing view of the scenic beauty of Goa, the Zuari River meeting the Arabian Sea. Experience the city of Panaji across the river right from your living room. Excellent cross ventilation in all apartments allows the fresh breeze to rejuvenate your mind and your soul. Come monsoon and the greens will become greener, with freshness all around you.
Welcome to a quality lifestyle ! Welcome to The Grand Avenue, your home for life!!!
Location
Located in the serene and picturesque Goa, The Grand Avenue provides a thrilling living experience. Rise to the higher floors and one can experience the tantalizing view of the scenic beauty of Goa, the Zuari River meeting the Arabian Sea. Experience the city of Panaji across the river right from your living room. Excellent cross ventilation in all apartments allows the fresh breeze to rejuvenate your mind and your soul. Come monsoon and the greens will become greener, with freshness all around you
Floor Plan
One covered stilted car parking is compulsorily provided for each apartment and separate parking for visitors’ vehicles inside the premises. The complex is well protected by security 24 hours a day.
No need to hit the panic button in case of power failures as special care has been taken for your safety and comfort by providing backup generator for elevators and common areas of the complex.
Layout
The Grand Avenue provides with about 78% of open area in the complex leaving no space for congestion. Also provided is an inward looking courtyard with more than 4000 sq. feet of landscaped gardens with childrens’ play area. There is adequate area for jogging and workouts also. The layout if there for your viewing.
3D Design
Most people don't believe until they see. True to our nature of transparency, we provide you with an opportunity to see the entire 3D design of Grand Avenue so that you get a feel of what you deserve. We are sure that the design will mesmerize you. Welcome to a quality lifestyle ! Welcome to The Grand Avenue, your home for life!!!
F&Q
IMPORTANT INFORMATION FOR PROPERTY PURCHASE IN GOA FOR FOREIGNERS, NRI’S, PEOPLE OF INDIAN ORIGIN
1. Are Non-Resident Indian’s (NRI’s) allowed to purchase a Residential Property in Goa?
Non-Resident Indian’s and People of Indian Origin with Foreign Passport Holder can purchase of residential property in Goa/India. They are treated wholly as Indian Citizens and therefore don’t require permission to purchase from the Reserve Bank of India
Mohidin Properties and Holdings – Goa
2. How do you define a foreign passport holder but of an Indian origin?
A foreign passport holder is deemed to be of Indian Origin if: 1) he held an Indian Passport at any time or ii) he or is father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955. However this does not apply to citizens of Pakistan , Bangladesh , Afghanistan , Bhutan , Sri Lanka or Nepal.
Mohidin Properties and Holdings – Goa
3. How should the purchase of residential immovable property be paid for by NRI’s under the general permission?
The purchase consideration should be met either out of inward remittance in foreign exchange through normal banking channels, or out of funds from NRE/FCNR accounts maintained with banks in India .
Mohidin Properties and Holdings – Goa
4. Do you have to inform Reserve Bank of India when selling property?
Yes. Reserve Bank has granted general permission for sale of such property. However, where the property is purchased by another NRI, funds towards the purchase consideration should either be remitted to India or paid out of balances in NRE/FCNR accounts.
Mohidin Properties and Holdings – Goa
5. What formalities have to be completed by NRI’s to purchase residential immovable property in India under the general permission?
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 (Sale Deed) or final payment of purchase consideration along with a certified copy of the documentary evidence for the transaction and bank certificate for the money paid.
Mohidin Properties and Holdings – Goa
6. How do we ascertain the credibility of the Builder and the Project?
Since there are already existing projects, it will be easy to understand the working of the concerned builder especially if earlier Projects have been completed in time & possession of the Apartments/Villas. Detailed information can be gathered through the company website as well.
Mohidin Properties and Holdings – Goa
7. Through whom can we purchase an Apartment or Villa in the Project?
You can purchase an Apartment/Villa directly with the Sales Team of Mohidin Properties and Holdings or from the appointed agents. A Website is hoisted which provides information regarding the various projects, site plans, etc and just an enquiry email will be a starting process from this link.
Mohidin Properties and Holdings – Goa
8. What would be the total cost of purchasing the Apartment/Villa?
The price will differ depending on the size, location and view of the Apartment, so only on enquiry one will know the exact price at the stipulated time, besides the cost of the apartment, there will be other incidental costs such as Maintenance charges, Registration charges, Local Taxes as applicable, etc. Details will be provided on request.
Mohidin Properties and Holdings – Goa
9. What are the legal steps before pursuing the Purchase?
Besides being impressed with the work of the Builder, the Purchaser must check all the title documents of the said property that the Builder is the sole owner of the same. Ensure that the Construction plans have been approved by the concerned authorities and that the all necessary Government Approvals have been obtained to build and sell the same.
Mohidin Properties and Holdings – Goa
10. What other drawings or plans of the Apartment am I required to see?
You can peruse drawings of the Electrical, Plumbing, Drainage and Water Supply from the Builder.
Mohidin Properties and Holdings – Goa
11. Will there be a Car Parking Area provided with the Apartment?
Each Apartment will be provided with a Car Park. It will be an exclusive slot in the covered stilt area.
Mohidin Properties and Holdings – Goa
12. What other expenses will I incur?
The Purchaser has to bear the expenses pertaining to Registration and Stamp Duty as applicable. There may be additional Government Taxes as applicable, such as Service Tax, any deposit in the name of the Purchaser or any other.
Mohidin Properties and Holdings – Goa
13. How will the Apartment be handed over to us?
The Apartment will be handed over unfurnished. For Apartment Specifications kindly refer to website. If any further furnishings are required kindly speak to Sales Team for details and costs.
Mohidin Properties and Holdings – Goa
14. Is the price of the Apartment likely to increase?
The price as quoted may increase periodically depending on the market at the discretion of the Builder. Thus, the earlier you book the Apartment the better rate you will receive.
Mohidin Properties and Holdings – Goa
15. What happens if I decide to withdraw from the Agreement to purchase the Apartment or unable to pay the installments in time to the Builder and the Agreement stands cancelled?
The Builder on terminating or cancellation of agreement will retain some amount received till date which includes registration charges, legal fees of lawyer, etc. and repay the remaining only after finding a buyer for the same apartment. The agreement would have all the details.
Mohidin Properties and Holdings – Goa
16. On or after booking/purchasing an Apartment/Villa, whether there will be any price variation on escalation?
No, the price quoted for an apartment/villa, at the time of booking/purchasing will not change on escalation.
Mohidin Properties and Holdings – Goa
17. Can I rent my Apartment if I am not using it regularly?
Yes, you can rent the apartment.
Mohidin Properties and Holdings – Goa
18. Can NRI’s obtain loans for acquisition of a house/flat for residential purpose from financial institutions providing housing finance?
The Reserve Bank has granted general permission to certain financial institutions providing housing finance e.g. HDFC, ICICI, SBI and various other Banks and authorized dealers to grant housing loans to non-resident Indian Nationals for acquisition of a house/flat for self-occupation subject to certain conditions. Details will be provided upon request.
Mohidin Properties and Holdings – Goa
19. If I require more specific details regarding Reserve Bank of India ?
Please visit www.rbi.org.in for the website of Reserve Bank of India , click on Foreign Exchange under “ Jan. 01, 2006 , Acquisition and Transfer of Immovable Property in India by a person resident outside India ”. This section is under the FAQ. This site gives a detailed account for all types of Foreign Nationals purchasing Residential Properties in India .
Mohidin Properties and Holdings – Goa
NOTE: This document has been prepared in accordance with Laws & Rules currently prevailing through local government and Reserve Bank of India . They can change any time in future and the website cannot take any responsibility for the information given above.