Mohan is working with a private sector bank. His wife Megha is working with a leading PSU. They are staying in staff quarters provided by Megha’s employer. They own a 1 BHK apartment in Mira road...
The residential real estate market, especially for new homes, has been lackluster for the past couple of years. While there are many home buyers in the market looking for property, they are waiting for the...
Buying a home is one of the most important decisions in our life as it could change the way we live forever. Also, it involves investing substantial amount which could mean parting with your life...
The budget 2014 has made some very promising announcements which can give much needed boost to the economy in general and real estate sector in particular. Let us study the announcement relating to real estate...
Under The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) lenders like Banks and Financial Institutions are empowered to recover mortgaged properties, without intervention of court, in case of...
Examining property purchase taxes in India and the points to be considered by buyer while buying a property. The real estate industry is one of the most heavily taxed industries in the country. Property Purchase...
Of late we have seen that the 20:80 scheme (subvention) has become very popular with the property buyers. More and more developers are now bundling this scheme with their new property offerings in order to...
One of the hottest debates in the investment circles now days is which asset class is best for investment – Equity, Real Estate or Gold. Financial experts advise that one should build a diversified portfolio...
The union cabinet has finally approved the draft Real Estate (Regulation and Development) bill which has been pending for over 5 years. The bill aims at establishing a regulatory authority for enforcing fair practice and...
What is 20:80 scheme Subvention or 20:80 scheme is an innovative financial structuring which involves purchasing of under construction, property directly from the developer with financing from the bank / institution. Under this scheme, the...
The home buyers as well as the real estate industry were eagerly looking forward to some positive announcements in Budget. Some of the key expectations were infrastructure status to affordable housing, Industry Status to the...
Interest rate is one of the important monetary tools used by the central bank to give direction to the overall economic activity. In India, the RBI uses the Bank Rate, Repo Rate, Reverse Repo Rate...