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
Guidelines for investing in US real estate
The correct fact is that foreigners buying assets inside the US are not subject to any felony restrictions. As a non-resident investor, a Green Card holder, a temporary resident, or a visitor to the US, you are all eligible to buy assets. Foreigners are allowed to invest in commercial real estate as well as single-family homes and rental properties. If they are trying to enter a cooperative housing community, it will be the most common obstacle they encounter.… 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 do smart homes enhance your quality of life?
Tags: Realty Guidesmart home
1. Saving time
Every time you use voice control or an app, seconds are saved. While you’re preparing breakfast, ask your witty speaker to demonstrate the lighting or look at the climate file. Before you leave the house, quickly tap each door to lock it. And without turning around, take a second look at them. All of those seconds added up. Why not develop your own customized automatic exercises now to make your job simpler? Turn off the lights, lock the doors, and say, “Hey Google, I’m going out,” while also requesting the weather report. Larger time and money savings are also possible. Avoid sitting around for deliveries. Without being at home, you may use a smart doorbell to … 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
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
A Brief roadmap for RBI repo rate rises in 2022!
Following recurrent inflationary shocks wreaking havoc on the economy, the top bank has abandoned the COVID-supporting measures. As a result, lending rates have returned to pre-pandemic levels.… 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
Buyer Beware: 4 Risks Of Purchasing A Home
Tags: Real EstateRealty Guide
With the Dussehra festival approaching, developers are enticing consumers with different discounts and incentives. However, the ultimate buying choice should be guided by expert advice rather than instinct. Tempting offers for a limited time may drive you to conclude the sale quickly, but it might be a trap. Thus, here we are discussing Four frequent vices related with property purchase and how to prevent them.… Read more
Home selling blunders to avoid while promoting
To market your house for sale is to efficiently put the word out – at a low cost – in the present context of excess of properties, so that buyers will discover and be drawn to it.… Read more
