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Where to Focus When Building Your Dream Home?

Needless to say, constructing a home requires a lot of painstaking work for turning the dream into a reality. Building a residential place is a big undertaking and, probably, one of the most expensive investments that a person makes in their lifetime. As the amount of investment involved is huge, it is vital to tread […]

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Tips on De-stressing Process of Home Purchase

What are some of the most difficult and emotionally stressful experiences in any person’s life? We can easily list the top four: The death of a loved one Breakdown of a marriage Change of jobs Buying a home Does the last point really belong in this list? Actually, it does. Anyone who has ever been […]

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Slow Economy – Advantage Real Estate Investors

The Indian economy has had another tough year. Inflation went as high as 7.52%, job opportunities reduced significantly across industries, the rupee saw steady erosion against the US dollar and market sentiments reached what was possibly their lowest point ever. And yet, things could be worse. There has definitely been an increase in home loan […]

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Real Estate Investment Advice – Bungalows Versus Flats

Assuming that one has the financial wherewithal for this to be an option at all, the question of whether to invest in a bungalow or a flat is indeed pertinent. As always, location plays an important role. In an established area of a large city, a bungalow costs a lot more than a flat. This […]

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Prelaunch Schemes by Residential Developers may Vanish Soon

Pre-sales of residential units is a widely followed practice universally. However, in India, developers go a step further, offering units for sale at a prelaunch stage. During prelaunch, developers offer investors an opportunity to purchase residential units ahead of even procuring all necessary approvals. At times, land title due diligence or product-mix (retail, residential, commercial) […]

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Is it Sensible to Buy Resale Flats?

Resale might require dealing with some mandatory expenses like registration fees, stamp charges, transfer fees, utility transfer fees and real-estate agent fees among many others. Sometimes, the previous owner may not have cleared the dues with the society or building management, which would need to be doled out by the new owners. The other corollaries […]

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How to put Affordable Housing in the Fast Lane

The Current Situation There is a severe shortage of housing in India, especially in the affordable housing category.This prevents millions of Indians to own even a modest dwelling. As per the report of the Technical Group on Urban Housing Shortage (2012-17) constituted by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA), there is a […]

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Commercial Real Estate – Guidelines for Retail Investors

Buying an office or retail space is a huge investment, which is why commercial real estate has been traditionally seen as an asset class that only institutional investors or heavyweight HNIs could invest in. That, however, is changing. Many retail investors are now getting into the office real estate game. For a perspective of the […]

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All You Need to Know About Stamp Duty

Definition of stamp duty Stamp Duty is a type of tax or duty which is paid for transactions performed within the state by way of documents, where such documents are liable to be stamped as per the provisions of State Stamp Act and Indian Stamp Act, 1899. Such documents include all Agreements, Bonds, Powers of […]

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What you Should ask Real Estate Developers?

Like any another purchase, buying a property has its own confusions and risks during decision making. A home buyer has to be sure that he/she chooses the right builder and the right location within the right price. From a personal point of view, every buyer does his/her best to verify the property and have the […]

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Find Destiny in Commercial Property Investment

Now a day, the Investment in real estate has become as a common investment choice as the realty market is booming with every passing day. In this type of investments the returns are in soar which cannot be stolen by anyone. Mostly, Indians are inclined towards residential property investment, though it provides a second home […]

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Who’s to Blame for Rise in Realty Prices?

The Indian real estate sector generates employment for about 76 lakh people and accounts for almost 6% of the country’s GDP. It also nourishes industries like cement, steel, paints, chemicals, tiles, and fixtures and fittings. India’s economic growth hinges on the growth of its cities and, therefore, on the products that real estate developers deliver. […]

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How to Change the Name in Property Tax Record?

The process of getting a name changed in official property tax is actually a simple one, provided the applicant has all the necessary documentation in place. Most buyers give attention to only getting the registered sale deed as a proof of rightful ownership of the property and updating the name in the official records like […]

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Why you Should not Pursue your Dream Home

When you look at the hoardings and advertisements put up by real estate developers, the phrase ‘dream home’ is almost always part of the promotion. And since we all dream of owning our home one day, this is definitely a useful psychological hook to use in property promotion. But what really constitutes your dream home? […]

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Advantages & Disadvantages of Real Estate Bill

Advantages of the bill: Timely delivery of flats: Developers often make false promises about the completion date of the project, but hardly ever deliver. As per the bill, strict regulations will be enforced on builders to ensure that construction runs on time and flats are delivered on schedule to the buyer. If the builder is […]

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How to Select your Builder?

3rd Dec 2014 The Indian economy is growing. The population is growing and so are the housing requirements. With the real estate activity also burgeoning, there are both large scale and small scale builders and developers who are trying to make a mark in the industry. As the number of options has increased, so has […]

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Taking a Second Home Loan May not be a Cake Walk!

There was time when buying your own home was the biggest achievement in anyone’s life. Although this still remains a great achievement, homebuyers are keenly looking at purchasing a second property as an investment and security for the future of their family. Individuals, today, are considering a second purchase as young as 40. Many of […]

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Income From House Property

Which property income is exempt from tax? Income from farm house (Sec.2(1A)(c) read with sec. 10(1)). Annual value of any one palace of an ex-ruler (Sec.10(19A)). Property income of a local authority (Sec.10(20)), university/ educational institution (Sec.10(23C)), approved scientific research association (Sec.10(21)), political party (sec.13A). Property used for own business or profession (Sec.22). One self […]

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Important Facts About Home Loans

In a very real way, the home loan is the driving force behind the Indian residential real estate market. Without a home loan, a large portion of the Indian population would be forced to live in rental houses. Because of this facility, one can be a proud home owner without having to have enormous amounts […]

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How Long Should you Take a Home Loan for?

Everyone aspires to buy a home at some stage of their life. Lots of people believe that real estate prices will never go down. This is a myth as real estate prices also go down, but the decline is gradual instead of sharp swings. Therefore, the decision for buying your first house should not be […]

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Stuck in Delayed Project? Know how to Choose the Best Builder

3rd Dec 2014 Delays in project deliveries are on constant rise in Indian real estate market. It is hard hitting for a buyer who puts in his or her life-long savings to buy a roof on his head. There are many home buyers struggling to get the timely delivery of the house and are paying […]

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Financial Trouble? Shift to Lower Home Loan Rate

3rd Dec 2014 A home loan repayment, as we all know, is a major liability that often takes several years of your earning life. Sometimes, unforeseen circumstances like a medical emergency or a job lay off may turn out to be a heavy drain on your resources and may offset your calculations of repaying the […]

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Original Sale Deed Lost! Now What?

Have you accidentally lost the original Sale Deed document? Are you worried as to what you should do now? A copy of the deed can be obtained. However, it requires you to follow a systematic set of procedures. There are some steps that need to be undertaken sequentially to acquire the copy. File a regular […]

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6 Tips to get the Best Mortgage Experience

There is nothing as pleasurable as having a roof over one’s head that one can call his own. To make the decision to buy a house is a huge one. So, if you have decided to buy your first property the first step you will take is shopping for a mortgage. While you may think […]

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Taking a Housing Loan: Should One OPT for Home Loan Insurance?

2nd Dec 2014 Thirty-two-year-old Abhinav Sinha has just got married and is thinking of taking a home loan for a two-bedroom house. The tenure of the loan will be 20 years and Sinha will be paying the EMIs from his income. Though his wife is also a working professional, Sinha is worried that if he […]

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Indian Real Estate 2015

20th Nov 2014 What does Indian real estate look like in 2015? What is the predicted scenario and vision for the property sector? This is one of the topmost questions in the minds of most people as the end of 2014 draws near. Year 2014 was a packed year split into two different parts. The […]

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Modular Kitchens and their Benefits

Earlier the concept of Modular kitchens was not that popular because not many qualified professionals were available to install the kitchens. “Mostly local masons were given the task of installing these kitchens, which was not up to the mark”. Soon brands like Hacker, Magppie, Kohler, Venta cucine etc joined hands with Indian companies to give […]

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What you Should Know About Offset Balance Home Loans

Offset balance home loan is an arrangement that some banks offer to customers who do not have the funds or saving ability to prepay their loans. In this arrangement, the client needs to deposit whatever extra income is available into a current account, which is the offset against the outstanding amount on the home loan. […]

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Planning to Close your Home Loan Early?

The most important benefit of closing your home loan early is obvious – you become free of EMIs, which are probably the biggest recurring debt currently straining your monthly income. This is definitely a desirable scenario under the right circumstances. In previous years, the penalty involved in prepaying or closing a home loan was a […]

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Your Neighborhood Matters Too Things to Consider Before Buying a House

Consider a scenario wherein you bought a house that was every bit what you wanted it to be. It had the perfect view, the ideal number of rooms and the garden was just the way you liked. You were ecstatic when you moved in. And then the troubles began… Once the initial euphoria wore away, […]

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How Much of your Home do you Own?

How much of your home do you own? In the initial part of your tenure, the EMI paid goes against a larger amount of your interest component than your principal amount. This means you are paying off more of the interest you owe on your loan rather than amount of loan you took to buy […]

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How is the Annual Value of a House Property Calculated?

Under the Income Tax Act what is taxed under the head ‘Income from House Property’ is the inherent capacity of the property to earn income called the Annual Value of the property. The above is taxed in the hands of the owner of the property. Computation of Annual Value GROSS ANNUAL VALUE (G.A.V.) is the […]

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Retirement Planning – Why a Second Home Can be your Source of Regular Income

4th Dec 2014 Property is a lifelong asset and you would rarely lose money in it in the long-term. This is one asset class that remains solid despite economic uncertainties on the global and domestic fronts. Additionally, while it is a large asset, real estate enjoys liquidity. And it is for this reason alone that […]

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How to Check the Credibility of a Tenant

When Sanjeev Sinha, a Bangalore based local businessman put his 2BHK apartment in Indira Nagar on rent, he did not know he would have a bad experience in leasing his house. Last year, when he had given the house on rent to two friends, they sublet the same to their other two friends to share […]

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What Really Defines Luxury Living for you?

A report labeled Mumbai as the 16th most expensive city globally in terms of owning a residential space. The southern region of the city is seen as the most prime, with locations such as Colaba, Cuffe Parade and Malabar Hills topping the price charts. Owning a home in these and similar locations of other cities […]

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Stay Away Homes

With land availability being tight in cities, developers are moving further out and developing projects that offer a clean, peaceful and ‘green’ experience in seemingly lavish settings and at incredibly attractive per-square-foot price vis-à-vis city homes. Many of them realize that these developments are no substitute to a home in the city, as travel time […]

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Insurance of Immovable Properties

1st Dec 2014 People often insure their vehicles. However, very few insure homes. The good news is that this number is increasing in the recent years. Insurance protects property from financial loss due to unexpected events like earthquakes, floods, etc. Property insurance falls under the category of general insurance. General Insurance does not give any […]

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Home Loan for Self Employed People

28th Jul 2014 Are you a self employed person? Well, in India, much like in the rest of the world, self employed people are respected much more than salaried employees. We love the idea of entrepreneurship. However, when it comes to the loan world, suddenly entrepreneurs and self employed people tend to find it much […]

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What are the Benefits of Green Building?

Some of us get involved in the discussions about the predictions; some of us brush those predictions off as nonsense, while some of us simply don’t want to worry about what is going to be. We want to live in the present! But the fact still remains that mother earth has been harmed enough and […]

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Retirement Homes: A Concept that is Fast Gaining Popularity

Technically speaking, retirement home projects are developed keeping in mind certain age groups, and should ideally be designed with special facilities to make life more comfortable for senior citizens. However, the on-ground interpretation in India has for the longest time been that any project and location that fits a certain budget and requirements is potentially […]

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