After you’ve determined why you want to sell, it’s time to supplement your knowledge of the local real estate market. This will provide you with several benefits, including the ability to establish a realistic price for your house, be more effective during price negotiations, and know when is the optimum moment to sell; that is when your purpose for selling permits you to do so (case in point – distress selling).… Read more
PropertyPistol Insight Team
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As banks raise lending rates, home loans become more expensive.
Tags: Home LoanReal Estate
The Reserve Bank of India (RBI) announced repeated upward adjustments to the repo rate – the rate at which it loans money to banks – in 2022. Not surprise, the present repo rate is 5.4 percent after three revisions this year since April 2022. Such similar increase is on the way to counteract inflation. This time, the RBI may raise the repo rate by 35-50 basis points, bringing it to around 6%.… Read more
Here’s how to save tax on a commercial property
There is no way to avoid capital gains tax on the sale of property in the case of a short-term capital gain. The entire capital benefit amount may be included in your income, and you will be taxed according to the income tax bracket you may be in. The provisions of Sections 54, 54EC, and 54F of the income tax only apply to the long-term capital gains tax on the sale of the property.… Read more
Does the spouse’s reinvestment of LTCG qualify for the capital gains exemption?
Tags: Tax Guide
The Income Tax Appellate Tribunal (ITAT) ruled in January 2020 that reinvesting the entirety of long-term capital gains (LTCG) inside a partner’s call qualifies for exemption under the capital profits exemption rules. The decision was reached after an applicant’s claim was turned down by the evaluating officer. The sale earnings of an asset held for more than years must be invested in residential property per the regulations about exemptions below the reinvestment of LTCG.… Read more
How risky is it to live next to a landfill?
A study conducted inside the Italian region of Lazio between 1996 and 2008 is particularly well-known in this discipline. An extensive study of 242,409 people who lived close to nine exceptional garbage sites found a link between landfill air pollution and lung cancer fatalities. Additionally, there was a connection between hospitalizations and overall respiratory infection fatalities.… Read more
Is it acceptable for a developer to sell a building’s terrace area?
A terrace or rooftop is a common location in a residential community that is for the use and pleasure of all of its residents. Although it has been apparent that many builders promote or grant special terrace privileges in exchange for cash, the practice is prohibited.… Read more
The best areas in Dubai to rent a home
The waterfront district of Dubai Marina, which attracts a lot of singles and young couples, is renowned for offering a chic and vivacious atmosphere. A wide range of restaurants and vibrant nightlife are also available on the network.… Read more
The hybrid work paradigm drives up the demand for office space
Instead of being “wiped out” as the epidemic forecasts were about cooperating areas, their percentage inside the office space leases has, in reality, drastically increased because of hybrid work forms. According to a report by real estate analysts at Anarock, cooperative regions had an eight percent growth year-over-year (YoY) as a result of businesses going “lower back to work.” Thirteen percent, or around 4.43 million square feet, of the overall 34.1 million square feet of office space that has been leased this year has been occupied by co-operating spaces.… Read more
The Locality Overview of Kothrud, Pune
The city of Pune has seen a rapid increase in the inflow of the working population from outside the metropolis as a result of the establishment of multiple IT majors and various multi-countrywide groupings (MNCs). As a result, there was an increase in demand for residential apartments in Kothrud, one of the designated suburbs of Pune. Even though Kothrud’s apartment rents are rising quickly, there is still affordable accommodation available to meet the needs of mid and junior-stage executives from a variety of groups.… Read more
The Locality Overview of Hosur Road, Bangalore
With the construction of the Global Tech Village in Bengaluru alongside the BMIC corridor’s status quo, Hosur Road has seen a significant increase in activity. The expansion of roadways and the announcement of the Namma Metro extension, which also brought more inhabitants to this area of the city, have greatly helped the whole area as well. Hosur Road’s capital values have been steadily rising and are currently rising quickly. Along with the staff of small-scale businesses, employees and managers of the public sector are the most significant local consumers and residents here.… Read more
