Last year, high net worth individuals and ultra-high net worth individuals purchased opulent real estate at higher prices. There has been a buying rush involving everyone from major business tycoons and startup founders to Bollywood stars, propelling the luxury real estate market on the path of a quick recovery. The green shoots inside the opulent market keep with big-price price tag deals happening quickly in important Indian metropolises. A few months ago, there was a frenzy of upscale real estate deals in Delhi-NCR, as many entrepreneurs and marketers moved up to bigger and better homes. Bangalore started to exhibit the same style as well.… Read more
What is the right investment option for women: Real Estate vs Gold?
Gold has been revered as a status symbol by civilization since the dawn of time. Many people in the nation find it tough to resist the yellow sheen steel. Because gold was once thought to be prudent, we have repeatedly been recommended to hold onto it and invest in it. But there are many funding options available now because the market has accepted many asset financing models. And real estate is one of the reliable finance options. Real estate is a well-known investment goal, but it’s sometimes thought of as an unexpected investment option for women. However, this should no longer be a barrier for active, young women who want to invest in this profitable vehicle at a young age. … Read more
Cities to buy a sports-themed home in India
Real estate developers increasingly provide professionally-run sports services to improve; boasting gyms and fitness centers in residential project descriptions are outdated. Commercials for projects that predict academies would provide skilled instruction for specialized sports at their efforts are quickly catching up. Developers in Mumbai, Delhi-National Capital Region (NCR), and Bengaluru are becoming more interested in these topics to provide individuals looking for ultra-luxurious homes in India with an international-elegance experience.… 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
The Benefits of Purchasing a Two-Bedroom House for Investment
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
What exactly is considered let-out property?
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
How can an NRI invest in a commercial property?
Many people ask themselves this question. The answer to this question is that yes, NRIs can buy commercial property in India. According to the RBI’s recommendations, non-resident Indians may purchase specific types of residences in India. However, it is also possible to purchase other types of homes—and doing so most effectively depends on obtaining certain licenses. An NRI looking to purchase property in India needs to be fully aware of the prison rules that apply to proudly own real property in the United States. People of Indian descent, often known as PIOs or NRIs, are treated the same way as NRIs and PIOs under the requirements of the Foreign Exchange Management Act (FEMA).… Read more
How is the Indian real estate business now positioned to embark on its next phase of expansion?
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
Delhi-Meerut RRTS has received Transit-Oriented Development clearance.
The government of Uttar Pradesh (UP) has allowed Transit Oriented Development (TOD) within two kilometres of the Delhi-Meerut Regional Rapid Transit System (RRTS). The 82-kilometre-long corridor from Sarai Kale Khan in Delhi to Modipuram passes through Ghaziabad and Meerut in Uttar Pradesh. The proposal will help developers to choose a higher FAR and stimulate vertical growth in the region. Rural pockets along RRTS are anticipated to gain from certain urbanisation, since residential and commercial centres may expand and contribute to city income generating.… Read more
How To Avoid Capital Gains Tax When Selling A Home!
You have sold your property and made a profit from it. Assume you purchased it, maintained it for a year, and then sold it. In that situation, the proceeds from its sale will be treated as short-term capital gains. Such profits are recorded to your taxable income and taxed according to your income bracket. There are no concessions available to prevent paying this tax.… Read more