Understand your 7/12 Extract

7/12 EXTRACT OF LAND RECORDS IN MAHARASHTRA

           ·          WHAT IS THE 7/ 12 EXTRACT?

The 7/12 extract is the extract from the Land Register of any district in Maharashtra, which gives complete information about a certain piece of land.

           ·          HOW DID IT GET ITS NAME 7/12?

The 7/12 extract is named after the 2 forms that are used to collect the information for the extract:

ü  Village Form VII which records the details of the owner and rights

ü  Village Form XII which records the agricultural aspects of the land

Both these forms are prescribed in “Maharashtra Land Revenue Recor15d of Rights and Registers (Preparation and Maintenance) Rules, 1971″

The combined information in these forms is filled in the Register of Land Records and hence to obtain information, the extract of the register pertaining to that land is given.

It is also known as Saat-Baaraa Uttaaraa which in Hindi / Marathi means Seven Twelve Extract. Format of 7/ 12 extract (Just for reference)

  

WHAT DOES THE 7/12 EXTRACT CONTAINS?

The 7/12 extract contains:

•   Name of the owner(s)
• Type of Land: Agricultural / Non Agricultural
• Location (with respect to surrounding land, roads, water bodies etc.)
• Area
• Name of the cultivator of the land (if different from the owner)
• What crops are grown on the land
• Details of any outstanding loan
• Details of any pending litigation
• Details of tax paid / unpaid
• Easements / Access roads to the land

 FOR WHAT CAN THE 7/12 EXTRACT IS USED?

• The 7/12 extract can be used for various purposes like:
• Looking up the ownership of ancestral land or land in a village
•   Knowing about any past disputes and the orders passed affecting the land
• Knowing about the type of activities being carried out on the land
• Knowing about the agricultural and natural aspects of the surrounding areas.

   

           ·          WHAT LAW IS THE 7/ 12 EXTRACT GOVERNED BY?

The 7/12  extract is required to be maintained under the Maharashtra Land Revenue Record of Rights and Registers (Preparation and Maintenance) Rules, 1971 sections 3, 5, 6, 7, 29

           ·          IS THE 7/12 EXTRACT A PUBLIC DOCUMENT? CAN I SEE IT ONLINE?

Yes. The 7/12 extract is a public document and can be accessed online at: http://mahabhulekh.maharashtra.gov.in/

           ·          HOW CAN I FIND OUT HISTORICAL RECORDS OF THE LAND AND ITS PAST OWNERS?

The historical records of the land are contained in Form 6 and you would need the Form VI Extract.

This form is a Register of Mutations, i.e. it contains a record of the historical changes to the land. This includes past owners, details of gift, inheritance, leases etc. affecting the land. This is also known as Pherphar Patra.

IMPORTANT MARATHI TERMS USED:

ü  Khaataa = Account

ü  जिल्हा Zilla = District

ü  तालुका Tehsil / Taluka = District Division

ü  गट क्रमांक Gat Kramaank = Area Number (Survey Number)

ü  गट क्रमांकाचा उपविभाग Up-vibhag = Sub-section

ü  एकूण Ekun = Total

ü  भूधारणा पध्दती Bhudhaarna Paddhati = Type of land

ü  भोगवटदाराचे नांव Bhogavatdaarache Naav = Owners Name

ü  शेताचे स्थानिक नांव Shetaache Sthaanik Naav = Local name of the land

ü  जल सिंचित Jal seenchit = Water irrigated

ü  अजल सिंचित Ajal seenchit = Water irrigated

ü  हंगाम Hangaam = Crop Season (Eg: Kharif / Rabi)

ü  पिकाचे नाव Pikache Naav = Name of the crop (Eg: भात Rice / Wheat

ü  लागवडीसाठी उपलब्ध नसलेली जमीन Laagavadisathi Uplabdh Nasleli Zamin = Land not available for cultivation

ü  जल सिंचनाचे साधन Jal Seenchnache Saadhan = Source of Irrigation

ü  शेरा Shera = Comments / Observations / Remarks

ü  पोटखराब Potkharaab = Uncultivable Land

ü  मालमत्ता Maalmattaa = Assets

ü  अधिकार अभिलेख पत्रक Adhikaar Abhilekh Patrak = Record of Rights

ü  मिश्र पिका खालील क्षेत्र Mishr Pikakhalil Shetra = Area having mixed crop

For further details please feel free to call us on : 9096333390

We offer Research based Realty Consulting to our clients for right investment in Properties like -

Premium Bungalow's

Luxurious Mansion's

Farm Land

NA Plots

Week-end Homes, etc. 

BUY / SELL / RENT 

If you are planning to buy a Property, Kindly get in touch with us. 

If you are planning to sell your Property, Kindly get in touch with us. Give us your property details we will help you in selling your property. 

Property at Lonavala

We want the best property at the best price to match our clients’ lifestyle, aspirations and budget.  It is important you choose the right estate consultant when you are planning your next move in the property market whether it is a sale, purchase or rental…

For further details Please feel free to call us on:  9096333390

Own a Resort Suite unique investment opportunity, Lonavala

With the changing real estate market scenario, an astute investor knows that investment decisions in the present need to be modified in order to generate good returns in the future. Residential property investments now no longer deliver the types of returns going forward as they have done historically. With capital values of residential real estate reaching unaffordable levels in most Indian cities and rental yields being extremely low, this asset class is no longer the blue eyed boy of the real estate sector. Commercial, office and retail investments which until few years back were giving good income yields to the investor have now lost their appeal given excess inventory supply across the country. With tenants having multiple office and retail options to choose from at lower rental prices, unfortunately real estate owners / investors of such premises are no longer enjoying the types of yields from these assets any longer.

Cypress Suite

Our 42 comfortably-appointed Cypress studio suites are beautifully designed to resemble a stylish private residence that is both contemporary and unpretentiously informal. Tasteful décor and furnishings, a modern well-equipped kitchenette and traditional Balinese artwork restores energies and health. Relax in the comfortable living room or the private outdoor seating area of these stylish suites. Get refreshed in the indoor shower with indulgent bath amenities.

In-Room Facilities:

• 32” LCD TVs in the rooms equipped with full HD channels
• Individually controlled air conditioning
• Sofa-cum-bed in each room
• Bathroom with hair dryer and rain shower
• In-room Digital Safe
• I-Pod Docking Station in each room
• Tea/coffee making facilities
• In-room refreshment center (Mini Bar)
• Daily supply of bottled drinking water
• Luxurious bathroom amenities
• Private balcony or terrace garden with outdoor furniture

Investment Details:

• Current Investment Amount - Rs. 75 lakhs
• Expected Monthly Revenue (based on rental pool arrangement) - Rs. 60,000 per month

Banyan Suite

A prominent entrance reveals an integrated living & dining space, perfect for families with small children, or couples who wish to entertain, leading on to a separate master bedroom. Comforts & conveniences include a spa-styled bathroom with designer fittings, a walk-in rain shower and the finest amenities. Home comforts are the focus of our Banyan suite which showcases the hummock age-old artisan and cultural heritage, with indigenous hardwood and illustrated marble floors, classy furniture, rich textiles and carefully selected artwork. The epitome of comfort, the Banyan suites exudes opulence and incredible grandeur worthy of its occupant, wraps around the suite to provide superb views perfect for sun-seekers, provides unrivalled views of the resort’s gardens, pools and courtyard.

In-Room Facilities:

• 32” LCD TVs in the rooms equipped with full HD channels
• Living room and bedroom separate, with an additional 42” LED TV in the living room
• Individually controlled air conditioning
• Sofa-cum-bed in each room
• Bathroom with hair dryer and rain shower
• In-room Digital Safe
• I-Pod Docking Station in each room
• Tea/coffee making facilities
• In-room refreshment center (Mini Bar)
• Daily supply of bottled drinking water
• Luxurious bathroom amenities
• Private balcony or terrace garden with outdoor furniture

Investment Details:

• Current Investment Amount - Rs. 1.12 Cr
• Expected Monthly Revenue (based on rental pool arrangement) - Rs. 1,00,000 per month

Investment Benefits

A whole new way to look at asset investment

Earn a regular and stable income stream based on a common rental pool arrangement with the resort. All units are placed in the rental pool and 50% of room revenues are equally and proportionately distributed among unit owners. Benefit from the growth in the hospitality sector both in terms of income yields as well as capital value.

ZERO MAINTENANCE

Avoid paying outgoings such as common area maintenance charges, electricity costs, water bills and other maintenance costs required for the upkeep of the property. Total savings as compared to any other property investment of 2% (per annum on investment amount)

EARN REGULAR INCOME

Hotel Revenue Projections - Cypress Suite (in Rs.)
	Year 1	Year 2	Year 3	Year 4	Year 5
Projected Avg. Room Revenue / day (ARR)	6,900	7,245	7,607	7,988	8,387
Annual Revenue Growth %		5%	5%	5%	5%
Projected Occupancy Rate	65%	68%	71%	74%	77%
Annual Occupancy Increase %		3%	3%	3%	3%
Annual Room Revenue / Cypress Suite	16,37,025	17,98,209	19,71,419	21,57,454	23,57,164
50% Distributed to Unit Owner	8,18,513	8,99,105	9,85,709	10,78,727	11,78,582
Unit Price for Cypress Suite (in Dec '15)	85,00,000	85,00,000	85,00,000	85,00,000	85,00,000
Income Yield / Annum	10%	11%	12%	13%	14%

Note:
* Projected estimates based on performance of existing hotels and market trends in Lonavala.

Make a smart investment in a hotel apartment unit and get a convenient vacation home in Lonavala for free!

Amenities

Restaurants

Our premier multi-cuisine café & restaurant The Tree-house has something for every palate. With the spices of India to the herbs of Italy and the flavours of the Orient, all served through a la carte dining and live counters to our discerning guests, Tree-house is the culinary destination like none other.

Bar & Cigar Lounge 

Spend an entertaining evening with friends at the Cedar lounge & indulge in our finest collections of liquors & cigars. 

Banqueting Facilities

Large banquet halls along with adjoining outdoor lawns to host wedding functions, Flexibility to use this facility as smaller independent halls for corporate meetings & off sites along with separate break away rooms & business center

Spa

Soothing oils, dim lightings, and a sensual whiff of incense, coupled with the most experience hands that’ll leave you stress-free. A total relaxation and rejuvenation at the Spa with treatments focusing on healing and calming rituals

Health Club

Equipped with a gymnasium, steam and shower room, and keep up your fitness regime even while on holiday. 

Swimming Pool

Soak into our relaxing pool and splash away your worries. Kids to have their own lagoon

The Corner Store

Bakery products fill the air with the aroma of fresh baked goods while the store offers a glimpse of authentic ethnic traditional indigenous premium handcraft and artifacts across the country. 

The Library

A relaxing lounge environment adjacent to the main lobby decorated with generous sofas and local artistry. A comprehensive menu of refreshments and a gourmet selection of tea and coffee is available.

Games room

Unleash your competitive side by participating in a range of gaming activities. Carrom boards, table tennis tables, and dart boards are just among the many options you’d find here.

Art Corridor

Walk past one of the finest selection of paintings or spend an afternoon interpreting their every brush stroke, either way, the art corridor at the hotel is a work in progress as we continue to adorn it with some of the most artistic legends. The first Art gallery in Lonavala, this is a masterpiece in itself.

Make a smart investment in a hotel apartment unit and get a convenient vacation home in Lonavala for free!

For further details Please feel free to call us on: 9096333390