Award-Winning Structures By Jayraj Builders That Took Vadodara’s Realty Sector To New Heights

Vadodara has emerged as a prominent hub for real estate investments in Gujarat over the last two decades. Its geographical location as well as the legend of sage Vishwamitra’s boon are widely believed to be the chief factors behind the Banyan city’s prosperity. However, the work of prominent builders in the city like Jayraj Builders, which gradually catapulted the realty scenario of Vadodara, is often overlooked while assessing the progress of the city.

Jayraj Builders Vadodara stands apart from the other real estate players owing to the project quality and client satisfaction index. Under the leadership of its founder Jayesh Dave, the developer has earned several awards and accolades for its residential as well as commercial projects. Here are some of their award-winning structures that substantially raised the standards of construction in Vadodara.

Take a look:

• Blue Chip

Located near Baroda Stock Exchange (Sayaji Gunj), Blue Chip is one of the best-selling projects by Jayesh Dave’s Jayraj Group. The semi-circular commercial complex comprises of shops and offices, and is seven-storey high. The project boasts of glass lifts, wall to wall marble flooring and a central atrium. The project also won the National Award for the Best Commercial Project of the year 1999 by Indian Institute of Architecture.

• Aishwarya

Caressed by fresh breezes from the Arabian Sea and bathed in rich sunlight, Aishwarya is located in the elite Race Course area of Vadodara. The project offers an unhindered view of the surroundings with the complete absence of any tall structures in the vicinity of the project site.

For the architectural planning and layouts of houses within Aishwarya, Jayraj Group MD Jayesh Dave incorporated suggestions by the customers from their earlier projects. The project won National Award for the Best Residential Project of the year 2000 by Indian Institute of Architecture.

• Nisarg

Located off the Old Padra Road, adjoining the Vaccine Institute, Nisarg is another award-winning architectural marvel by Jayraj Builders Vadodara. Sporting ‘state of the art’ infrastructure and lush green surroundings, Nisarg is the recipient of National Award for the Best Residential Project of the year 1998 by Indian Institute of Architecture.

With the Ahmedabad-Mumbai bullet train project touching Vadodara, the city continues to expand its wings. The contribution of developers like Jayraj Builders to the city’s progress is invaluable.

Source: Indian Property Journal

Jayraj Builders Vadodara Explains some Commonly used Real Estate Terms

If you are looking for investing in real estate for the first time, you might have come across a lot of terms that would’ve left you confused. It’s only natural; however, it ought not to remain the same. Jayraj Builders Vadodara simplify some commonly used real estate terms for you. Take a look:

• Credit score

Credit score refers to your capability to repay the loan (home loan or any other) you plan to take on the basis of your salary, financial strength, bank statements, and background check. A good credit score makes it easier to get the loan application approved.

• Real Estate Broker

Though often confused with one another, there exists a major difference between a broker and an agent, quip realty experts from Jayraj Builders Vadodara. While the latter is equipped with a real estate license that allows them to assist in property associated matters like buying and selling, it is the former that has qualified the state’s broker exam and has a certain number of successful deals as feathers to their hat.

• Lease Agreement

Lease Agreement is a legally binding contract between the landlord and tenant that specifies the details associated with the deal, such as the details of both parties, rent payable, monthly bifurcation, lease commencement and expiration date, security amount, etc. These terms are mutually agreed upon and signed by both the parties involved. Additional clauses can also be added as per discussion, suggests realty expert Jayesh Dave, founder and owner of Jayraj Builders Vadodara.

• Carpet Area  

Although this term has grown out of use lately, it remains undeniably the most important factor to consider while buying a residential property. Carpet area refers to the area that can be used by the resident to set up their home. It excludes the area covered by balconies, lobby, outer walls, etc. Note that built-up area factors in the area occupied by the aforementioned. Jayesh Dave founder of Jayraj Builders suggest buying the property based on carpet area only.

• Super built up area

As the name suggests, super built up area includes the carpet area along with the extra areas like stairs, lobby, balconies, lifts, etc. In other words, all the area that is ‘saleable’. This is also one of the major reasons why most developers decide the final cost on the basis of cost per square feet, quip realty expert Jayesh Dave from Jayraj Builders.

• Subletting

Subletting is a clause that allows the tenant in a property to rent a part (say, a spare bedroom) to an outsider, or sub-tenant, and take the rent from them for that area, without the involvement of the property owner. However, if done without the knowledge of owner, this can lead to immediate action of vacating the property, suggests Jayraj Builders.

Any other real estate term you need to be explained? Let us know in the comments section!

Source: Horizon Cottages