A person’s name can have numerous qualities. He can engage in residential buildings to get a steady income from rents. According to the income tax rules, only one of the homes may be designated residential for self-occupancy, while the others can be rented out. If the other properties are not occupied, they are referred to be presumed let out or rent out properties.… Read more
PropertyPistol Insight Team
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The Benefits of Purchasing a Two-Bedroom House for Investment
Tags: 2 BHKIndiaRealty Guide
When it comes to investing or earning a larger return on investment, most people in India still trust and vote for real estate over any other industry. Most individuals choose to invest in real estate because of the better returns and lower risk component. Those with sufficient resources and funds might pick this alternative to make long-term investments. If you have a reasonable budget of Rs. 30 lakhs to Rs. 40 lakhs and wish to invest in property, you have a few options. You may purchase a larger plot or two 1BHK apartments for between Rs. 15 and Rs. 20 lakhs apiece.… Read more
The new law of paying 18% GST on housing rent is explained.
Tags: GSTRental Guide
Only business premises offered on lease are subject to the Goods and Services Tax (GST). Nevertheless, under a new law that went into effect on July 18, a GST-registered renter (including people and corporate organisations) is obligated to pay 18 percent tax. Will it have an effect on the rental of residential properties? Let us investigate! … Read more
Property agents in India want a single licence to operate.
The National Association of Realtors (NAR) India, a real estate association representing over 50,000 property brokers across the nation, has requested the federal government to provide a single licence allowing agents to function all across the country regardless of state.… Read more
Noida: Land prices have risen by around 20%.
Tags: LandNoidaReal Estate
After a three-year hiatus, the Noida Authority has updated plot pricing across several categories. Numerous selections were made at a recent meeting, along with an increase in land charges, changes to group housing plot allocation, and a time extension policy. These adjustments were made with the interests of purchasers and builders in mind. Continue reading for more information.… Read more
An overview of the Varanasi Ring Road Project.
The National Highways Authority of India (NHAI) proposed the Varanasi Ring Road project to alleviate traffic congestion due to large trucks on the tiny roadways surrounding Varanasi’s neighbourhoods. The 60-kilometre-long Ring Road was built with a total budget of Rs 3,400 crore in 2000. Ultimately, the project went into action in 2015. The project was split into two major phases comprising several packages to progressively relieve traffic around the city and neighbouring regions.… Read more
Everything you need to know about Karnataka land conversion.
Tags: BangaloreReal Estate
According to the legislation, agricultural land cannot be utilised for residential or commercial uses unless it is transformed into non-agricultural land. When transformed, the owner can utilize it for whatever reason he or she chooses. Nevertheless, land conversion is a legal procedure that necessitates the submission of several paperwork as well as the appropriate authorization from responsible parties. The procedure of land conversion is governed by the state and differs depending on the region. In Karnataka, the land is converted from agricultural to non-agricultural plots as follows:… Read more
Griha Pravesh recommendations for your new house
Tags: Vastu Tips
A Griha Pravesh, or housewarming ceremony, is a ritual performed to bring good luck on the day you move into your new home. The ceremony is conducted to cleanse the environment and safeguard the new inhabitants’ home from any harmful energy. People frequently contact their family priest to determine the fortunate date of the Griha Pravesh using astrological charts.… Read more
How is the Indian real estate business now positioned to embark on its next phase of expansion?
Tags: IndiaReal Estate
The true measure of a country’s progress is when smaller towns, villages, and second and third-tier cities experience an increase in real estate building. India is celebrating its 75th year of independence. The astounding emergence of India’s towns and villages, which are bolstered by a solid infrastructure, is the hallmark of our country’s progress. Furthermore, due to increased citizen demand, the real estate market is being fully used.… Read more
Advice on Purchasing a Foreclosed Property
Tags: Real EstateRealty Guide
Obtaining a good bargain on a house might be difficult when there is an influx of purchasers in the pre-foreclosure stage. Although seized property can be a terrific investment for end-use or resale, purchasing a repossessed home without conducting thorough research might cause more harm than good. As a result, before you jump in, be sure you understand what it is and how it works.… Read more
