Category: Tips
What are the taxes applicable on commercial properties that are used for the owner’s business, or if it is let out or sold? We examine the implications, in each case Property has been one of the oldest investment avenues in India, which existed before the advent of various financial products like direct equity and mutual funds. People who invest in commercial properties, do so either for their own use or for the purpose of letting it out. Taxation of let out commercial property Rentals received from any property owned by you,…
The Centre Government has launched a mobile application, ‘Swachh Nagar’, which will allow people to place a request, to have the waste picked up by the local civic body after making a payment The Centre, on August 13, 2019, launched a mobile application, through which people will be able to get their household waste picked up by urban municipal bodies. People will have to pay the civic bodies, to avail of the service through the ‘Swachh Nagar’ app. They can also track the waste collection vehicle on the app, ensuring accountability…
If you want to know what is RERA, then this post is for you. This post summarizes basic information about RERA and how exactly it will going to help the Indian citizen. The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body for speedy dispute redressal. The…
Leading property consultant Anarock on Monday (12 August) said that it expected the property prices in the erstwhile state of Jammu and Kashmir to soar, reports Economic Times. As per the property consultant, property prices in Srinagar have been hovering in a very low range of Rs 2,200 to Rs 4,000 per square feet, which is much too low for a tier-2 or tier-3 city in India, compared to other such cities. The development, if materialised, would usher in a boom in the real estate market in the region, while benefiting the locals…
Times have changed and not many of us can afford the luxury of a debt-free life, something our parents and grandparents enjoyed. There is also a shift in the way people looked at borrowing. Unlike our elders, we do not perceive debts as harmful. Not only do loans save us in our time of need, but they also help us save on taxes. Experts are also of the opinion that debts should be part of one’s financial planning, and this planning should be done in a way that the borrower makes the…
There is no denying the fact that home buying is emotionally gratifying. In fact, we will not be exaggerating if we said that more than often, the purchase decision is emotional than rational. Many a time, we are so moved by the rush of these emotions that we enter the territory without doing any prior preparation. Even if everything turns out alright in the end, the process is so harrowing for a naïve buyer that they are left feeling wearisome. This buyer also runs the risk of the investment turning bad…
Buying and owning real estate is an exciting investment strategy, that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time. While a traditional mortgage generally requires a 20% to 25% down payment, in some cases, a 5% down payment is all it takes to purchase an entire property. This ability to control the asset the moment papers are signed emboldens both real estate…
The real estate business is growing as people want to buy classic as well as premium residential units for their family. Therefore, it is always advisable to choose the real estate companies according to the quality residential developments and customer satisfaction. So, here we are with top builders and developers in Noida. ATS Greens With lush greenery, architectural marvels and numerous resident centric facilities, ATS Greens offers home buyers a perfect getaway from the city mayhem, while they are right in the heart of the city. The company has successfully developed 20…
India grows with a rapid pace and has one of the most interesting real estate markets, together with Vietnam, according to PWC. This is mainly thanks to long-term economic growths and a shift in manufacturing trends in the region. Not surprisingly, this also means more work for local and international real estate companies and developers. And of course, more and more property investors turn their eyes to these countries. In this article, I list some of the top real estate builders in India. 1. Godrej Founded in 2010, Godrej Properties is a subsidiary of Godrej…
Delhi NCR is one of the fastest-growing regions in India due to a number of supportive factors including a large number of high paying white-collar jobs and world-class physical infrastructure. The real estate prices in Delhi have grown to astronomical heights leading to the growth of adjacent cities as large companies shift to other cities namely Gurgaon and Noida in search of better infrastructure and lower real estate prices. The Government is also enabling the same by improving the connectivity of these cities with Delhi through wide roads/highways and Delhi Metro. Gurgaon was…