Arun Biyani-MOBEL INDIA PVT. LTD.

 "Six Years ago we opened a 8000 sq. ft store  "Mobel Furniture" at Merlin Homeland. In a span of six years my store has grown into three stores (Mobel Furniture, Mobel D'ffine and Zuari Brand Store ) at the same Mall. We occupy now a total of 25000 sft  at Homeland. During this period we opened 5 (five) new stores in Different parts of Kolkata and nearby Districts. We have recently also opened a new store in Bangalore. This all started due to Merlin Homeland and  I am proud to be a part of  the Merlin Growth Story.

I wish them all the best."

 Best Regards

Arun Biyani

MOBEL INDIA PVT. LTD.

4th and 5th Floor, "Homeland Mall"

18 B, Ashutosh Mukherjee Road,

Kolkata - 700 020

India

Mobile       : +91-98309-85301
Fax           : +91-33-24191164

Office        : +91-33-24865740

Skype       : arunbiyani

MSN         : arunbiyani@hotmail.com
Web         : www.mobelindia.com

With MERLIN, Overcome your daily Obstacles

OVERCOME HOME BUYING OBSTACLES

Mr. Sushil Mohta, M.D. of Merlin Group, possesses a golden heart and always have helped the common people of his country to buy homes very easily and comfortably within a very moderate price. Merlin Group presents some of the golden rules for the people who encounter various obstacles while buying their new homes, so that they can follow these rules and overcome the hurdles.

First obstacle is the down payment for the home loans. The two more popular types of mortgages are FHA Loans and conventional loans, which require minimum down payment ranging from 3.5% to 10% of the sales price.

There are certain conditions, which the loan-taker has to fulfill to sanction the home loan. This is the second obstacle because before approving the loan, the under-writer reviews the file and may ask for more documentation, a review appraisal and in spite of all these the under-writer could reject the loan for a number of reasons.

There are two minimum numbers----620 for FHA and 720 for conventional loans with mortgage insurance. The buyer’s FICO score needs to qualify at least these two numbers for mortgages.

The mortgage payment, plus taxes and insurance (PITI) should not exceed 33% of the buyer’s monthly gross income. The Home Valuation Code of Conduct, HVCC, came into effect on May1, 2009 and applies to all FHA transactions. Previously, the buyer could choose their own appraisers, but presently the appraisers are totally unknown and randomly chosen, which results in low appraisals. As a result the dealing may stop in between.

Thus the buyers who plan to buy their first homes must overcome these hurdles and then enjoy buying their new homes.

OUR FAN TESTIMONIALS

1] Ravi Jhunjhunwala Says,

"It was only on the insistence of Mr. Sushil Mohta,Managing Director,Merlin Group, that we took a risk of opening a shop at Homeland Mall.Mr. Mohta assured that he will refund the entire rent if the business is not successful.Not only my business is successful but I am now in a position to buy out the shop with all the earnings I made in last 6 years."

Ravi Jhunjhunwala
Owner of National Timber Syndicate





Jeetu Narwani Says,

" Doing business in Homeland Mall in a cool and comfortable atmosphere is much more enjoyable than our earlier shop at Poddar Court. Here the customers are ready to pay the right price.
Moreover, I got preference of customers because of car parking and other infrastructural facilities at Homeland."

By Jeetu Narwani

Owner of City Light