Merlin Group- The Creator of a Landmark

Development of a Real Estate Project in an area like Kidderpore was challenging but Merlin Group created a landmark with 'Merlin Riverview' and changed the face and image of the entire locality.  We also received highly satisfactory returns from the development of the Project."

Thanking You
  S.P. Jalan

Tyroon Tea Co. Ltd.

3, Netaji Subhas Road, McLeod House,
Kolkata 700-001, WB, India
Tel: 033-22483236/6071, Fax: 033-22486938
Email: info@tyroontea.com

 

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.

MERLIN GROUP:- A FUTURE PROSPECT, A DREAM, A VISION

  

Merlin Group since the past decades has proved to be the future prospects of West Bengal. Alongwith the residential and commercial projects, it has also lauched an IT Park, Merlin Infinity, in Sector – V, Salt Lake and several more upcoming projects. Mr. Sushil Mohta, the Managing Director, Merlin Group, says, “ With a current land bank of over 500 acres spread across India and YOY growth rate of 17% approximately, Merlin Group, is poised for more growth riding on surging demand”.

The people of West Bengal expect to witness a very high range of urbanisation across India which will effect the State in the next two decades. Though there are various challenges on the way. Merlin Group is sure to overcome all the challenges and conquer it, if the Government  extends its supportive hands by changing archaeological laws, the approval process, and unit rate system for municipal tax to user firmness and affluence.

Mr. Sushil Mohta, M.D., Merlin Group, leads the group to a height by creating various premium housing complexes, essential  housing, office towers, clubs, malls, and stadiums and townships. Merlin has turned to be the first among Greens at Diamond Harbour Road, Kolkata and speciality mall concept  by innovating Merlin Homeland, catering to the consumer requisities for home furnishings

Visit us to know more @ www.merlinprojects.com