Buying a dream home for the first time can be wondrous and maddening at the same time. The task is sometimes so daunting that many individuals just continue to stay at a rented place. In today’s date obtaining and owning a home is not just a need but also brings home a sense of pride, achievement, freedom and security. This is one of the most ponderous steps one can take in life and for most of us it involves the biggest investment decisions. Most of the issues can be taken care of by doing a little homework. Let’s discuss some steps to make this process more unruffled..
Location – Proximity and convenience to travel to places of work, school, local markets, shopping centers, hospitals and others should be taken into consideration while making the choice... Read More
In a country where having a home is considered to be the most essential thing, affordable housing schemes have taken the pledge to fulfil everyone’s dream. The Indian economy is regulated by many factors and now affordable housing has added its name to those lists of factors. The impact of these schemes is coming up very positive and real estate sector once flagged is now picking up steadily. The softening of interest rates which were stable from quite some time, has also lead to the growth of the affordable housing scheme.
This scheme is flourishing and will soon be the game changer for the real estate sector. With over 30% growth rate predictions, this sector will soon be the talk of the town... Read More
Change is the only constant thing in every sector. With various reforms coming up in the real estate sector, GST is the recent talk of the town. There are various goods and services which will have different rates prescribed by GST, which may impact their cost. A homebuyer going forward will have to pay 12% GST to purchase an under construction house.
Earlier Real estate sector was heavily taxed but now 12% tax rate is definitely a welcome move in this sector. The previous multiple indirect taxes on the sector was higher and tax impact under GST will be neutral. GST will remove the multiple level tax burdens from buyers and investors, therefore removing the double taxation impact. However, 12% tax rate under GST seems to be favourable for the real estate industry.
Under GST, sale of un... Read More
As the current government marks three years in office, one area in which it can brag about is its reformist and progressive policy approach is the real estate and housing sector.
After RERA, the real estate sector will emerge as a professional, mature and regulated sector of the country.
The progressive policies include the Real Estate Regulation Act ( RERA), liberalised FDI rules, Real Estate Investment Trusts (REITs), besides key missions like Housing for All, Smart Cities, AMRUT (Atal Mission for Rejuvenation and Urban Transformation), and, of course, the Goods and Services Tax (GST), a landmark reform.
Together these have positioned the Indian real estate sector as an attractive global investment destination.
Of these slew of reforms, the two game-changers are RERA and GST.
RERA, which... Read More
A real estate agent or broker is the person working individually or associated with a company or an association which could help you to buy or sell property or a house. For a property owner, one of the biggest headaches is to sell the property with a good rate. This is when the real estate agent role comes into the picture. A professional real estate agent is backed by regular updates of the current market condition; this allows helping clients in selling or buying a property.
No matter, whether a seller or a buyer everyone needs a real estate agent when dealing with the property matters; as they have a good knowledge of available properties. Real estate developers have a good tie-up with agents helping to get buyers for the property.
Here are ten reasons why you should hire a real estate ... Read More
If your dream of buying your house till now has not been completed, then it will definitely be completed.
How can you be thinking?
Through the Prime Minister’s Housing Scheme.
Indeed, under the Prime Minister’s Housing Scheme, some houses are being included in this scheme and are being given cheap prices, but some other guidelines have been issued besides those, besides the lower middle class and others besides themselves. Have a chance to dream of buying a home.
You must know that Dream Homes of Huda Affordable Housing also come under this scheme, which now costs only 14.99 lakh rupees... Read More
Once the amendment is through, confirming the identity of buyers and sellers of properties will be possible by simply matching the biometric information. It will help them register properties from their homes
To bring about transparency and put an end to fraudulent practices prevalent in the real estate sector such as multiple registrations of a single property, some state governments are planning to go in for Aadhaar linked e-registration of property documents from the comfort of the homebuyers’ home.
Currently, both parties – buyers and sellers have to be physically present in the registrar’s office along with two witnesses to get the property documents registered.
The use of Aadhaar card to register properties can serve two purposes. “First, it can serve as an identifier... Read More
Most of affordable housing projects in Gurgaon come under the Haryana Government affordable housing schemes. These projects offer quality home with good features at cheap prices. If you are unable to buy luxurious home for 30 to 80 lacks rupees in Delhi or Gurgaon, you can move to the affordable housing projects where you will be able to have your own home under your budget.
The projects offer 1BHK and 2 BHK homes at competitive prices. If you choose such kinds of projects for making your home, you will be able to bring a nice gift to your family even when you don’t have a large amount of money. This will be great to make possible buying a home under flexible payment plan... Read More
Sohna Road has emerged as a prime residential location in the Gurgaon market. What makes this location an ideal destination for residential investment is its excellent connectivity with the emerging commercial hub, Golf Course Extension Road and National Highway 8. In the future, the area will be further connected to New Gurgaon through the Southern and Northern Peripheral Roads, which are also emerging residential and commercial destinations in Gurgaon.
This micro-market has an excellent mix of retail, commercial and residential properties. Developers, like Raheja, Unitech, Central Park, Omaxe, Arete India Projects, Breez Builders & Developers, CHD, Ansal, Parsvnath, Eldeco, Vipul, etc., have developed a number of residential, commercial and retail properties in this region.
The area ... Read More
A house is a dream and need of every person for securing his/her family but if it is in city like Gurgaon then it has some additional benefits like investment and rental income too. Gurgaon is one of the costliest city in India so buying a home can be very luxury dream but after the announcement of Huda Affordable housing policy this dream has taken shapes for more than Lacs families.
Under this scheme one can buy an apartment starting from 12 Lacs to 26 Lacs. Price remains same no matter in which location you are booking the apartment.
For Example – Mr. Rajesh Kumar applied for 2 bhk in sector 109 in 2014 when this scheme was launched... Read More