Sarjapur Road: The Best Luxury Home Destination in Bangalore

Sarjapur Road nestled in the southeast corner of Bangalore shelters the buzzing IT corridor of the city and so it is an ideal location for investors and end-users to go in for premium and luxury homes. It has proven to be an upward graph as far as returns on investments are concerned in Sarjapur.

Sarjapur Road: The Best Luxury Home Destination in Bangalore

Sarjapur Road: The Best Luxury Home Destination in Bangalore

There are a lot of famous developers who have come up with residential projects in Sarjapur. Some of the projects are the ultimate in luxury living. The reasons for Sarjapur Road becoming a hotspot in luxe living are listed below: [Read more…]

3 Things to Keep in Mind When Investing in a Retail Shop

Retail properties have the potential to earn high investment yields and allow you to take calculated risks and diversify your portfolio. In order to reap the benefits of retail investments consider your budget and see if it you can make it work.

Through thorough research, intensive planning and careful consideration, investing in retail realty can become a very lucrative investment. But before buying anything you must consider your budget, location, use and timing so as to make a sound investment.

3 Things to Keep in Mind When Investing in a Retail Shop

3 Things to Keep in Mind When Investing in a Retail Shop

Budget- Investing in any type of property is expensive and retail property is no different. First of all, you have to consider your budget and all your over-and-above expenses which go along with it. Determine the size of the property, its location and purpose in accordance to your budget. You also need to consider the costs of repairs and renovation which will go in readying the shop and giving it the look your business requires. You have to include other expenses like stamp duty, business tax, property tax, insurance, maintenance costs, energy costs like electricity etc. in your budget too. If you are leasing your property you can surely pass some of these costs to your tenant. [Read more…]

Why You Must Visit a Sample Apartment Before Finalizing the Deal

One of the most challenging decisions faced by many people is buying a home or a property as it involves a lot of investment. One of the major concerns of the customers who are looking to buy a home or have already signed the deal is trying to conjure up a picture in their mind of their finished home. To get a feel of their dream home, earlier prospective buyers were either made to visit under-construction flats or were forced to rely on the construction pictures of the project on the developer’s website.

Why You Must Visit a Sample Apartment before Finalizing the Deal

Why You Must Visit a Sample Apartment before Finalizing the Deal

So to address this growing concern of the buyer about the builder’s final product, developers have begun crafting sample apartments and organizing customer visits to the same. A sample apartment is a dummy flat, usually in the builder’s office or at the construction site, with the same specifications or area as the actual apartment and is usually furnished by the builder. This basically gives the customer an idea of what their home will look like when it’s completed – A significant step in their home-buying journey. [Read more…]

How ‘Home buying’ Differs From ‘Investing’?

The Indian economy is showing an upward trend with a pro-active government at the center. Moreover, expectations have risen with demonetization which makes this the right time to buy a property. Buying property nowadays is quite different from what it used to be. Before the economic slowdown, one could be sure that the property could fetch a good dividend in a short span of time. Real estate was looked upon as a lucrative investment opportunity. But today, homebuyers are in doubt as to what they should do; wait for the prices to fall or not. Pre-requisites differ when you are investing in real estate than when you are buying a home forresidential purpose.

How ‘Home buying’ Differs From ‘Investing’?

How ‘Home buying’ Differs From ‘Investing’?

So, are you an investor or an end user?

The difference between the two is that the first is looking for returns on investment and he is backed with a certain amount of a risk appetite. An investor looking for returns is ready to gamble on his assessment of the current and future market conditions and is also invested in other instruments such as stocks and bonds. [Read more…]

Getting Property Insurance Could Mean Cheaper Home Loans 

In India, Home or property insurance is a popular banking product. Being secure is better that being sorry- the essential theory behind the concept of insurance.

After the Monetary policy review on February 8, The Reserve Bank of India, (RBI), left the repo rate unchanged at 6.25 percent. Finance Minister Arun Jaitley too conceded to the RBI’s decision. Now, developers and prospective buyers are waiting for the Central bank to cut key rates in the next policy review in April.

Getting Property Insurance Could Mean Cheaper Home Loans 

Getting Property Insurance Could Mean Cheaper Home Loans

According to media reports, the national Housing Bank (NBH), along with the Indian Institute of Insurance is working to build a frame work that could make cost of home loans cheaper by 50 basis points, if the borrower opts for property insurance. [Read more…]

Beach House Investment: Financials That It Entails

Weekend homes also called as second homes or vacation homes are currently an oasis of market activity in India’s real estate sector. The trend that is really catching on, nowadays, is investing in a property near the beach—your very own beach home that is also a source of regular cash flow. A beach home should be ideally bought after one’s primary home is secured. If the first home is debt free and one has sufficient reserves, then investing in a bungalow on the beach makes perfect sense.

Beach House Investment: Financials That It Entails

Beach House Investment: Financials That It Entails

Buying a beach home can be a good investment providing you with a regular source of income in the form of rent and also a place for spending vacation on the beach free of cost whenever you desire. Many real estate investors find a beach home in an area which is highly visited and with a high rental demand. The investor can make ample money to cover the expenses for the year. It gives an added benefit to the owner who can use it for free during the slack season. [Read more…]

All You Need To Know About Capital Gains Tax

What is capital gain? This is a crucial question which every layman wants answered. A capital gain is the profit that the investor earns when he sells his capital assets at a higher price than the purchase price. The transfer of the capital asset must be made in the previous year and this is taxable under the heading ‘capital gains’. So there must be a capital asset, transfer of the capital asset and profits or gains arising from the transfer. For example, when you transfer your property to someone else in the form of sales and earn a profit, it is known as capital gains.

All You Need To Know About Capital Gains Tax

All You Need To Know About Capital Gains Tax

Capital Gains include any property held by the assesse except the following-

  • Stock in trade

  • Agricultural land and other forms of real estate

  • Gold bonds, National Defence Gold Bonds and Special Bearer Bonds

  • Gold Deposit Bonds under gold deposit scheme

  • Personal effects that is movable except jewelry, sculpted art works.

[Read more…]

Benefits of Investing In Real Estate Private Equity Funds

No business can run without funds. However, funds are obliged to pay the interest on borrowed money which will come from a flourishing business. To circumvent the heavy risks of taking debt, the concept of equity has evolved which permits shareholders as legal proportionate firm holders. Stake holders provide the funds, thus enabling the operations. The property sector typically involves enterprises that are capital intensive.

Benefits of Investing In Real Estate Private Equity Funds

Benefits of Investing In Real Estate Private Equity Funds

Real estate is one of the most popular investment options for majority of Indian households, usually done by investing in residential apartments or residential plots. Like gold real estate has been regarded as a safe investment. Over the past few years, structured and formal routes in real estate have increased which is primarily a structured deal via subscription to Non-Convertible Debentures [NCD]/ Optionally Convertible Debentures [OCDs] by the SPV developing a project. [Read more…]

Explaining Tax Gains from Different Property Deals

Over the years, real estate has grown as a preferred investment option. Some have inherited the property from their ancestors, while others buy and sell real estate- but when it is sold, the motive in both cases is to earn capital gains. However, irrespective of how you have acquired theproperty, when you earn capital gains, the Income Tax Act has its eyes on you.

Explaining Tax Gains from Different Property Deals

Explaining Tax Gains from Different Property Deals

So, let’s talk about different real estate transactions and the types of tax implications they entail-

Properties Inherited or Gifted

When you sell your ancestral property or one that is gifted to you by someone, you will obviously incur capital gains/loss which will be taxed, even though you might not have spent a penny on acquiring it. In case of gifts, the cost to the previous owner indexed to the year of purchase will be used as the acquisition cost of the property. [Read more…]

All You Need to Know About Married Women’s Property Act

The government, time and again, announces several acts and reforms to protect the interests of women of our country. Married Women’s Property (MWP) Act is one such step taken by the government to protect the properties of women against creditors.

Under MWP Act, all properties belonging to a woman will be insulated and protected from tax proceedings and other court attachments that the husband has run up. It also states that any debt of a married woman, before or after the marriage, will be the liability of her husband. This is also applicable on life insurance policies provided that the husband has endorsed the policy through MWP Act.

All You Need to Know About Married Women's Property Act

All You Need to Know About Married Women’s Property Act

Let us try to understand this with an example-

A family consisting of husband, wife and children lives in Noida. They have a family business and have taken several bank loans and institutional credits. The banks lend the amount against the assets of the business along with the personal guarantee of the owner that is the husband. Now, in case of untimely death of the husband, banks start the process of recovering its loans by liquidating the assets of the business. Since there is also personal guarantee of the owner, they attach properties belonging to the guarantor which is the husband. They will also attach the life insurance of the guarantor which means that all claims went to the bank and not to the surviving members of the family. [Read more…]