#flats near medavakkam | Explore Tumblr Posts and Blogs

umbrproptech · 2 months

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Casagrand Cloud 9 Sholinganallur |☎+91-8069377873 | 2, 3, 4 BHK Flats in Shollinganallur

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Casagrand Cloud 9 is a luxury residential development by Casagrand developers located in Shollinganallur Chennai.

This project offers spacious and skillfully designed 2, 3 and 4 BHK flats & Villas of super built up area ranges between 1385 sqft- 3628 sqft along with all luxury amenities and features.

The Casagrand Cloud 9 project is sprawled over 4.87 acres of land with 65% open spaces. Each tower will be of B+S+19 floors with total 331 units.

Homes in Casagrand Cloud 9 come with all the comforts of best-in-class amenities and specifications. It offers 70+ world-class amenities like a barbeque zone, outdoor gym, pet’s park, swimming pool with floor water jets, reflexology walkway & more.

Casagrand Cloud 9 is a RERA Approved project with RERA number- RERA Project Registration Number: TN/29/Building/0184/2023

Construction work of the Casagrand Cloud 9 project is in full swing and will be ready for possession in May 2025.

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Location Advantage & Directions:

Casagrand Cloud 9 is a new launch residential project located in Shollinganallur Chennai. Sholinganallur, located in Chennai, is a prominent area for real estate development.

Situated in the southern part of the city, Sholinganallur has experienced significant growth in recent years and has become a preferred residential and commercial destination.

One of the key factors driving real estate development in Sholinganallur is its proximity to the IT corridor, commonly known as the OMR (Old Mahabalipuram Road). This area is home to numerous IT parks and companies, making it an attractive location for professionals working in the IT industry.

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Important Destination nearby:

Schools

Campus K IGCSE School – 150m

Narayana E-Techno School – 1.1Km

Ellen Sharma Memorial School – 700m

Gateway The Complete School – 1.5Km

Colleges

Agni college of Technology – 10.7Km

Sathyabama University – 4.8Km

St Joseph’s Institute of Technology – 5.7Km

Jeppiar Engineering College – 5.7Km

KCG College of Technology – 5Km

Hospitals

Gleneagles Global Health city – 6.1Km

Apollo Cradle – 3.5Km

Swaram hospital & speciality Clinic – 2.2Km

Dr. Kamakshi Memorial Hospital – 10.8Km

Apollo Speality Hospital – 8.8Km

Chettinad Healthcity Hospital – 2.6Km

Airport, Railway Station, Bus Stand & Metro

Chennai International Airport – 20.1Km

Chennai Central Railway Station – 26.2Km

Sholinganallur Bus Stop – 1.5Km

Proposed Sholinganallur Metro – 1Km

#casagrand cloud9 in sholinganallur chennai #casagrand cloud 9 sholinganallur #casagrand cloud 9 #villas in chennai near sholinganallur #casagrand cloud 9 near ecr #casagrand cloud 9 near medavakkam #4 bhk flats for sale in sholinganallur chennai #flats for sale in sholinganallur #3 bhk for sale in sholinganallur #premium flats in sholinganallur #3 bhk for sale in sholinganallur chennai #flats for sale in shollinganallur chennai #flats for sale in omr sholinganallur chennai

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housingrealtybykaal · 2 months

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TVS Emerald Udyana Chennai | Premium Flats For Sale

TVS Emerald Udyana is a residential apartment complex located near Medavakkam, Chennai that offers resort-style living with a focus on nature and wellness. The project offers 2 and 3 BHK apartments with Vaastu compliant layouts. The complex boasts over 62% open space, featuring 2 acres of landscaped gardens and over 700 trees along the pathways . This creates a tranquil environment away from the hustle and bustle of the city. TVS Emerald Udyana Chennai seems designed to provide a luxurious and secure living experience with a focus on nature and recreation.

#TVS Emerald Udyana #TVS Emerald Udyana Medavakkam #TVS Emerald Udyana Chennai #TVS Emerald Udyana Medavakkam Chennai

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letsblogsblog · 3 months

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Discovering Medavakkam: Chennai's Thriving Residential Hub, Chennai's Hidden Gem: Medavakkam Unveiled

Nestled in the southern part of Chennai, the rapidly growing Medavakkam suburb offers a unique blend of urban conveniences and peace of mind. Once a quiet residential area, Medavakkam is growing in popularity and attracting young professionals and families.

Growth & Opportunity: Medavakkam's Real Estate Boom

The real estate market in Medavakkam is booming. Because of its growing infrastructure and proximity to IT hubs, it is becoming a desirable place to invest. Medavakkam provides an array of choices to meet your requirements and financial constraints, regardless of your preference for a roomy flat or a builder's floor.

A Brighter Future for Medavakkam Flats

The future is bright for flats in Medavakkam. The standard and range of flats will only rise with the entry of more respectable builders and the expansion of infrastructure. Additionally, because of its proximity to recreational areas such as the Nanmangalam Forest Reserve, the region provides the perfect blend of urban convenience with a hint of nature. A vast range of apartments for sale in Medavakkam offers contemporary features like a gym, skating rink, hammocks, and landscaped gardens. These apartments, available for purchase in Medavakkam, cater to a variety of needs and budgets.

TVS Emerald's Resort-Style Vaastu Flats in Medavakkam

Imagine finding a project that is one of the only apartments in Medavakkam that offers resort-style apartments that are Vaastu compliant. TVS Emerald Vengaivasal project provides this lovely contrast. Located near the Nanmangalam Forest Reserve, it offers a peaceful haven and easy access to Chennai's busy centres. Thanks to its closeness to OMR and GST Road.

In conclusion, the development of Medavakkam from a peaceful sanctuary to a bustling community presents a number of promising opportunities. It's the perfect place for modern, practical living with great connectivity, a variety of flats, and a hint of nature. Discover Medavakkam and grab a piece of Chennai's best-kept secret!

#TVS Emerald Vengaivasal

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synmacconsultants · 1 year

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Partnership Firm Registration In Bangalore

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Company Registration in Chennai

Chennai-1 Corporate office Asirvadham Apartment,No. 12, Flat No. 12A, Puliyar 2nd Main Road, 1st Lane, Trust Puram, Kodambakkam, Chennai - 600 024 Chennai-2 Address #56/80, Medavakkam Main Road, Keelkattalai, Chennai - 600 117. Landmark : Opp to Andhra Bank New Delhi Address B44,Birbal Road, Lajpat Nagar II, Lajpat Nagar, New Delhi, Delhi 110024 Bangalore Address No. 117/1, First Floor, 2nd Main Road, Shesadripuram, Bangalore – 560020 Landmark : Near Mantri mall Metro station Copyright © 2016 All rights Reserved;

Company Registration in Chennai | Service Tax Consultants

If looking for Company Registration Consultants in Chennai, company registration in chennai, Service Tax, Sales, TIN, VAT ,Return Fillings,

SYNMAC.IN

Partnership Firms Registration Procedure Under Indian Partnership Act

A partnership firm is one of the most important forms of a business organization. It is a popular form of business structure in India. A minimum of two persons are required to establish a partnership firm. A partnership firm is where two or more persons come together to establish a business and divide its profits amongst themselves in the agreed ratio. The partnership business includes any kind of trade, occupation and profession.

The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm.

Advantages of Partnership Firm

Easy to Incorporate

The incorporation of a partnership firm is easy as compared to the other forms of business organizations. The partnership firm can be incorporated by drafting the partnership deed and entering into the partnership agreement. Apart from the partnership deed, no other documents are required. It need not even be registered with the Registrar of Firms. A partnership firm can be incorporated and registered at a later date as registration is voluntary and not mandatory.

Less Compliances

The partnership firm has to adhere to very few compliances as compared to a company or LLP. The partners do not need a Digital Signature Certificate (DSC), Director Identification Number (DIN), which is required for the company directors or designated partners of an LLP. The partners can introduce any changes in the business easily. They do have legal restrictions on their activities. It is cost-effective, and the registration process is cheaper compared to a company or LLP. The dissolution of the partnership firm is easy and does not involve many legal formalities.

Quick Decision

The decision-making process in a partnership firm is quick as there is no difference between ownership and management. All the decisions are taken by the partners together, and they can be implemented immediately. The partners have wide powers and activities which they can perform on behalf of the firm. They can even undertake certain transactions on behalf of the partnership firm without the consent of other partners.

Sharing of Profits and Losses

The partners share the profits and losses of the firm equally. They even have the liberty of deciding the profit and loss ratio in the partnership firm. Since the firm’s profits and turnover are dependent on their work, they have a sense of ownership and accountability. Any loss of the firm will be borne by them equally or according to the partnership deed ratio, thus reducing the burden of loss on one person or partner. They are liable jointly and severally for the activities of the firm.

Disadvantages of Partnership Firm

Unlimited Liability

The biggest disadvantage of the partnership firm is having an unlimited liability of the partners. The partners have to bear the loss of the firm out of their personal estate. Whereas in a company or LLP, the shareholders or partners have liability limited to the extent of their shares. The liability created by one partner of the partnership firm is to be borne by all the partners of the firm. If the firm’s assets are insufficient to pay the debt, then the partners will have to pay off the debt from their personal property to the creditors.

No Perpetual Succession

The partnership firm does not have perpetual succession, as in the case of a company or LLP. This means that a partnership firm will come to an end upon the death of a partner or insolvency of all the partners except one. It may also be dissolved if a partner gives notice of dissolution of the firm to the other partners. Thus, the partnership firm can come to an end at any time.

Limited Resources

The maximum number of partners in a partnership firm is 20. There is a restriction on the number of partners, and hence the capital invested in the firm is also restricted. The capital of the firm is the sum total of the amount invested by each partner. This restricts the firm’s resources, and the partnership firm cannot take up large scale business.

Difficult to Raise Funds

Since the partnership firm does not have perpetual succession and a separate legal entity, it is difficult to raise capital. The firm does not have many options for raising capital and growing its business as compared to a company or LLP. As there are no strict legal compliances, people have less faith in the firm. The accounts of the firm need not be published. Thus, it is difficult to borrow funds from third parties.

What is Partnership Registration?

Partnership registration means the registration of the partnership firm by its partners with the Registrar of Firms. The partners should register their firm with the Registrar of Firms of the state where the firm is located. Since partnership firm registration is not compulsory, the partners can apply for registration of the partnership firm either at the formation of the firm or subsequently at any time during its operation.

For partnership registration, the two or more people must come together as partners, agree on a firm name and enter into a partnership deed. However, partners cannot be members of a Hindu Undivided Family or husband and wife.

Importance of Registering a Partnership Firm

The registration of a partnership firm is optional and not compulsory under the Indian Partnership Act. It is at the discretion of the partners and voluntary. The firm’s registration can be done at the time of its formation or incorporation or during the continuance of the partnership business.

However, it is always advisable to register the partnership firm as a registered partnership firm enjoys certain special rights and benefits as compared to the unregistered firms. The benefits that a partnership firm enjoy are:

A partner can sue against any partner or the partnership firm for enforcing his rights arising from a contract against the partner or the firm. In the case of an unregistered partnership firm, partners cannot sue against the firm or other partners to enforce his right.

The registered firm can file a suit against any third party for enforcing a right from a contract. In the case of an unregistered firm, it cannot file a suit against any third party to enforce a right. However, any third party can file a suit against the unregistered firm.

The registered firm can claim set-off or other proceedings to enforce a right arising from a contract. The unregistered firm cannot claim set off in any proceedings against it.

Procedure for Registering a Partnership Firm

Step 1: Application for Registration

An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. The registration application has to be signed and verified by all the partners or their agents. The application can be sent to the Registrar of Firms through post or by physical delivery, which contains the following details:

The name of the firm.

The principal place of business of the firm.

The location of any other places where the firm carries on business.

The date of joining of each partner.

The names and permanent addresses of all the partners.

The duration of the firm.

Step 2: Selection of Name of the Partnership Firm

Any name can be given to a partnership firm. But certain conditions need to be followed while selecting the name::

The name should not be too similar or identical to an existing firm doing the same business.

The name should not contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.

Step 3: Certificate of Registration

If the Registrar is satisfied with the registration application and the documents, he will register the firm in the Register of Firms and issue the Registration Certificate. The Register of Firms contains up-to-date information on all firms, and anybody can view it upon payment of certain fees.

An application form along with fees is to be submitted to the Registrar of Firms of the State in which the firm is situated. The application has to be signed by all partners or their agents.

Documents for Registration of Partnership

The documents required to be submitted to Registrar for registration of a Partnership Firm are:

Application for registration of partnership (Form 1)

Certified original copy of Partnership Deed.

Specimen of an affidavit certifying all the details mentioned in the partnership deed and documents are correct.

PAN Card and address proof of the partners.

Proof of principal place of business of the firm (ownership documents or rental/lease agreement).

If the registrar is satisfied with the documents, he will register the firm in the Register of Firms and issue a Certificate of Registration. Register of Firms contains up-to-date information on all firms and can be viewed by anybody upon payment of certain fees.

Partnership Firm Registration Fees

The government fees applicable for a partnership firm registration varies from state to state depending on the partner’s contribution. However, you can file for partnership firm registration online through the Synmac Partnership Firm Registration Plan.

The Partnership Firm Registration Plan amount includes the following services:

PAN application

Partnership deed drafting

Filing of deed and other documents with the Registrar of Firms

Issue of registration certificate

100% online process

Session with Synmac expert

*Price shown above may vary. Please click here to contact our experts for complete pricing details

Name Given to the Partnership Firm

Any name can be given to a partnership firm as long as you fulfil the following conditions:

The name shouldn’t be too similar or identical to an existing firm doing the same business,

The name shouldn’t contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.

Partnership Deed

A partnership deed is an agreement between the partners in which rights, duties, profits shares and other obligations of each partner is mentioned. A partnership deed can be written or oral, although it is always advisable to write a partnership deed to avoid any conflicts in the future.

Details Required in a Partnership Deed

General details

Name and address of the firm and all the partners.

Nature of business.

Date of starting of business Capital to be contributed by each partner.

Capital to be contributed by each partner.

Profit/loss sharing ratio among the partners.

Specific details

Apart from these, certain specific clauses may also be mentioned to avoid any conflict at a later stage:

Interest on capital invested, drawings by partners or any loans provided by partners to the firm.

Salaries, commissions or any other amount to be payable to partners.

Rights of each partner, including additional rights to be enjoyed by the active partners.

Duties and obligations of all partners.

Adjustments or processes to be followed on account of retirement or death of a partner or dissolution of the firm.

Other clauses as partners may decide by mutual discussion.

Timelines for Partnership Firm Registration

The partnership firm registration process takes approximately 10 days, subject to departmental approval and reverts from the respective department.

Checklist for Partnership Firm Registration

Drafting of Partnership Deed.

Minimum two members as partners.

Maximum of equal to or less than twenty partners.

Selection of appropriate name.

Principal Place of business.

PAN card and bank account of the firm.

#partnership firm registration #partnership

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epk-23 · 1 year

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Affordable Living: Exploring the Most Budget-Friendly Rental Areas in Chennai

Chennai, the bustling capital city of Tamil Nadu, has numerous localities that offer affordable rental properties for those on a budget. Whether you're in search of a house, flat, or apartment for rent in Chennai, you can find a range of cost-effective options in more economical areas without compromising on essential amenities and conveniences.

In this blog post, we'll delve into some of the most budget-friendly rental localities in Chennai. These areas offer an excellent balance between affordability and quality of life, making them a popular choice for tenants. By exploring these localities, you can find a comfortable and affordable home that fits your requirements.

Perambur: Perambur is a well-connected locality in Chennai that offers relatively affordable rental options for house, apartment with good access to public transportation, schools, hospitals, and shopping centers, Perambur is a popular choice for many tenants on a budget.

Tambaram: Tambaram is a bustling neighborhood located in the southern part of Chennai. It is known for its affordable residential properties and proximity to major IT parks and employment hubs. Tambaram offers a decent quality of life with a range of amenities and services available in the area.

Chrompet: Chrompet is a residential area in Chennai that is known for its affordability. It has good connectivity to other parts of the city and is home to a mix of residential complexes and independent houses. Chrompet offers a range of rental options suitable for different budget requirements.

Pallikaranai: Pallikaranai is an emerging locality in Chennai that has witnessed rapid development in recent years. It offers affordable apartments and houses for rent and is well-connected to major IT corridors and commercial hubs, making it a popular choice for professionals.

Medavakkam: Medavakkam is another locality in Chennai that provides affordable rental options. With its proximity to the IT corridor of OMR (Old Mahabalipuram Road) and other major employment centers, Medavakkam offers a convenient location for those working in the IT sector.

Poonamallee: Poonamallee is an affordable residential area located on the outskirts of Chennai. It offers a range of rental options, including apartments and independent houses. Poonamallee enjoys good connectivity and is well-served by public transportation.

Thiruvanmiyur: Thiruvanmiyur, situated near the coastline, is known for its affordability and serene surroundings. It offers a mix of apartments and independent houses for rent, making it an attractive choice for those seeking a peaceful yet affordable neighborhood.

When searching for rental properties in these affordable localities, it's essential to consider factors such as safety, proximity to amenities, and transportation options that align with your specific needs. By exploring these cheaper areas in Chennai, you can find a comfortable home that fits your budget without compromising on convenience and quality of life.

Remember to utilize reputable free property listing websites, consult local real estate agents, and visit the neighborhoods personally to get a better understanding of the rental options available. With a bit of research and exploration, you can find the perfect affordable locality in Chennai that meets your requirements and makes for a comfortable living experience.

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raghucraze · 2 years

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TVS Emerald Vengaivasal

Here's the perfect home for you! TVS Emerald is coming with their newest project Near Medavakkam. TVS Medavakkam is a perfect alternative for people looking for a happening place that is also peaceful. TVS Emerald Medavakkam is located just 150 meters from Vengaivasal main road and 2.1 km from the Velachery, Tambaram main road. People are seeing TVS Emerald Vengaivasal as a more affordable and convenient option for housing in Chennai. Book your flat in TVS Vengaivasal Aaranya now!

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divyatvs · 2 years

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TVS Medavakkam

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drahomeschennai · 4 years

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Great is your desire, Excellent is our service

"Dream big" is just a statement, what matters is whether you actually take efforts to work and make it no more just a dream or a statement. Most of us are likely to dream of a nice house for owning a house is one of the signs of a well settled life. To make sure that your dream is in perfect hands, you must make sure you give it to the right builders.

Say hello to the best of the builders, DRA Homes! A bit of magic is involved for sure. We see our customers' eyes light up when they see what they are about to own. And exactly that has led us to believe in magic. We strive to see the more of those sparkly eyes.

We all have definite requirements and if your current requirement matches with 2bhk apartments near Madipakkam, you have found the best choice you'll come across, DRA Homes. These apartments near Madipakkam will nurture your requirement so very finely and you will see yourself satisfied by the end of the house tour. We'd be so pleased to show you around our apartments near Madipakkam and we'd be even more pleased to help you choose your abode forever. These 2bhk apartments near Keelkattalai are built with strong foundation for all the lovely families meant to build their life at DRA Homes.

Let us help you, let us make your home and let us help you fully live.

#2 bhk apartments near Madipakkam #Apartments near Nanmangalam #Apartments near Madipakkam #Apartments near Keelkattalai #Apartments near Medavakkam #Apartments near Pallikaranai #Apartments near Kovilambakkam #Flats for sale in Kovilambakkam #Apartment for sale in Kovilambakkam

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amudhacivilconstruction · 6 years

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#AMUDHA #CIVIL #CONSTRUCTION

Wishes you a #Happy #Diwali,

may the cheers and joy of this Diwali festival surrounded you and your family forever, This festival brings brighten your life and your house,

www.amudhaccpl.com

https://twitter.com/amudhacivilcon1

https://www.linkedin.com/in/amudhacivil-construction-68b447172/

Social media partner, #Ideamart: +91 9841675777.

#flats in sithalapakkam #flats near medavakkam #independent house near medavakkam #flats at sithalapakkam #flats near OMR #individual villa near OMR #Construction companies in OMR #Construction companies in sithalapakkam #Construction companies near medavakkam #independent house near OMR

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galaxy-realty-chennai · 3 months

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Luxuray Apartments sale in Medavakkam

Luxuray Apartments sale in Medavakkam PROPERTY ID NO 2034 Luxuray Apartments sale in Medavakkam Project name: Starwood Towers 3.0 Location: Medavakkam junction No Of Floors: B+Stilt+21 Floors Flat range :630 sq.ft. – 713 sq.ft NO Of Units: 588 Units/ 2 Blocks Facing : North & South Type :1BHK+ 1T Total Land 9.85 Acres Approval – CMDA Parking: Covered Loan Available Possession: Under construction (Handover Year end2024) Amenities: Security Car Parking Children’s Play Area CCTV (with security cameras) Gym Yoga/Meditation Hall Table Tennis Games Room Swimming pool Library Shopping Area ATM Street Lighting Avenue Trees Gated Community Wide Streets Price: 71 Lakhs to 1.05 Cr […] https://chennaipropertysale.com/wp-content/uploads/2024/04/Luxuray-Apartment-Flats-sale-in-Medavakkam-11-1.jpg?v=1712386917 More Details Photos pls visit this link👇 https://chennaipropertysale.com/luxuray-apartment-flats-sale-in-medavakkam-2/ #FLAT, #MEDAVAKKAM

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umbrproptech · 2 months

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TVS Emerald Aaranya

Resort Style 2 & 3 BHK Apartments Near Medavakkam, Chennai @ INR 62.99 Lakh* Onwards. Pre-Launching Udyana @ TVS Emerald Aaranya. Lavish lifestyle with 15.6 acres of greenery, 75+ amenities, and Vaastu compliant homes. Best Price Guarantee

If you are looking for a flat for self-use or for investment, please call our property experts at +91-8069377873

✅Fastest Handover in 12 months

✅Vastu Compliant Homes - Close to Nanmangalam Reserved Forest

✅Just 8 Kms From Tambaram Railway Station & 13 Kms from Chennai International Airport

✅Part of 15.6 Acre Resort Style Villa Community

✅Close to Nanmangalam Reserve Forest

✅62% Open Space with 75+ Lifestyle Amenities & Features

✅Possession Dec 2025

Visit:

https://umbr.in/tvs-emerald-udyana-medavakkam-chennai/

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pillaijayaraja-blog · 6 years

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Amudha Civil Constructions offering Independent House Near Medavakkam with your budget. It has fully covered car parking, Two wheeler parking. View verified residential apartment and Flats at Sithalapakkam. it is the lowest price and fully furnished Flats at Nearest Medavakkam.

#flats at sithalapakkam #independent house near medavakkam #flats in sithalapakkam #flats near medavakkam #flats near OMR #individual villa near OMR #Construction companies in OMR #Construction companies in sithalapakkam #Construction companies near medavakkam #independent house near OMR

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housingrealtybykaal · 2 months

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TVS Emerald Udyana | 2 & 3 BHK Flats In Chennai

TVS Emerald Udyana is a residential complex located near Medavakkam, Chennai by TVS Emerald. TVS Emerald Udyana Chennai is designed to provide a resort-style living experience with over 62% of the project area dedicated to open space and landscaped greens. The project offers a variety of amenities, including a clubhouse, swimming pool, children's play area, gym, and more. The apartments at TVS Emerald Udyana are Vaastu compliant, which means that they are designed to promote positive energy flow. TVS Emerald Udyana is a good option for those who are looking for a well-designed apartment in a well-connected location. The project offers a variety of amenities and features that make it a great place to live.

#TVS Emerald Udyana #TVS Emerald Udyana Medavakkam #TVS Emerald Udyana Chennai #TVS Emerald Udyana Medavakkam Chennai

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thebrintonfirm-blog · 4 years

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Why Should You Invest in Flats in Perumbakkam?

A rapidly developing suburb of Chennai, Perumbakkam is known for its close proximity to the IT corridors in OMR and Sholinganallur. It is bordered by Medavakkam in the North, Semmencherry in the South, Sholinganallur to the East and Sithalapakkam to the West. If there had been no IT companies near this locality, then for sure the real estate here would have not had so much of demand that it has now. To put it in other words, the real estate in Perumbakkam is mainly driven by the IT corridors near it and by the professional population working in this IT hub. Several new residential projects are popping up across Peumbakkam with a considerable uptick in demand. While many of the professional population have already flocked the area to buy homes, there are still a few who are in dilemma whether they should invest in Perumbakkam or not. Here are some of the reasons that will make your investment in Perumbakkam worthy.

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synmacconsultants · 1 year

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Partnership Firm Registration In Bangalore

Company Registration in Chennai

Partnership Firms Registration Procedure Under Indian Partnership Act

Advantages of Partnership Firm

Easy to Incorporate

Less Compliances

Quick Decision

Sharing of Profits and Losses

Disadvantages of Partnership Firm

Unlimited Liability

No Perpetual Succession

Limited Resources

Difficult to Raise Funds

What is Partnership Registration?

Importance of Registering a Partnership Firm

The registered firm can claim set-off or other proceedings to enforce a right arising from a contract. The unregistered firm cannot claim set off in any proceedings against it.

Procedure for Registering a Partnership Firm

Step 1: Application for Registration

The name of the firm.

The principal place of business of the firm.

The location of any other places where the firm carries on business.

The date of joining of each partner.

The names and permanent addresses of all the partners.

The duration of the firm.

Step 2: Selection of Name of the Partnership Firm

Any name can be given to a partnership firm. But certain conditions need to be followed while selecting the name::

The name should not be too similar or identical to an existing firm doing the same business.

The name should not contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.

Step 3: Certificate of Registration

An application form along with fees is to be submitted to the Registrar of Firms of the State in which the firm is situated. The application has to be signed by all partners or their agents.

Documents for Registration of Partnership

The documents required to be submitted to Registrar for registration of a Partnership Firm are:

Application for registration of partnership (Form 1)

Certified original copy of Partnership Deed.

Specimen of an affidavit certifying all the details mentioned in the partnership deed and documents are correct.

PAN Card and address proof of the partners.

Proof of principal place of business of the firm (ownership documents or rental/lease agreement).

Partnership Firm Registration Fees

The Partnership Firm Registration Plan amount includes the following services:

PAN application

Partnership deed drafting

Filing of deed and other documents with the Registrar of Firms

Issue of registration certificate

100% online process

Session with Synmac expert

*Price shown above may vary. Please click here to contact our experts for complete pricing details

Name Given to the Partnership Firm

Any name can be given to a partnership firm as long as you fulfil the following conditions:

The name shouldn’t be too similar or identical to an existing firm doing the same business,

The name shouldn’t contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.

Partnership Deed

Details Required in a Partnership Deed

General details

Name and address of the firm and all the partners.

Nature of business.

Date of starting of business Capital to be contributed by each partner.

Capital to be contributed by each partner.

Profit/loss sharing ratio among the partners.

Specific details

Apart from these, certain specific clauses may also be mentioned to avoid any conflict at a later stage:

Interest on capital invested, drawings by partners or any loans provided by partners to the firm.

Salaries, commissions or any other amount to be payable to partners.

Rights of each partner, including additional rights to be enjoyed by the active partners.

Duties and obligations of all partners.

Adjustments or processes to be followed on account of retirement or death of a partner or dissolution of the firm.

Other clauses as partners may decide by mutual discussion.

Timelines for Partnership Firm Registration

The partnership firm registration process takes approximately 10 days, subject to departmental approval and reverts from the respective department.

Checklist for Partnership Firm Registration

Drafting of Partnership Deed.

Minimum two members as partners.

Maximum of equal to or less than twenty partners.

Selection of appropriate name.

Principal Place of business.

PAN card and bank account of the firm.

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