On 1st July, PM Narendra Modi introduced the Goods and Service tax with the aim to offers relaxation from the multi-level tax payment. This tax procedure includes various taxes like VAT, Service tax and more. In fact, a GST Council is also structured to discuss and track the process. This tax system is also applicable on the Indian real estate market and thus people have various apprehensions about the same. Hence, we have listed down the FAQs [Frequently Asked Questions] about GST to make dealing in the property market easy:
The long-time demand of floor-wise registration in Noida is likely to be heard now as the Municipal Corporation has forwarded the request to the State Government for sanction. The go-ahead nod from the BJP-led State Government will undoubtedly prove beneficial in the sale of plots and independent floors, but the decision can evolve infrastructural issues. However, the State Government can earn high revenue by sanctioning floor-wise registration.
Located in the eastern central part of Mumbai, Kanjurmarg is a thriving and vibrant suburb with tranquil surroundings, lush green ambience, and serene locales. Due to its well-developed social infrastructure and comparatively affordable average property rates, many home buyers are flocking towards this region to invest in their dream home, hence making this area a sought-after realty hotspot.
Take a look at various factors that make Kanjurmarg a coveted real estate hotspot in Mumbai:
In the current real estate market scenario, a scheme which has become a major selling point for real estate companies is ‘Zero EMI till possession’. Developers and builders are fully utilizing this scheme to woo prospective home buyers with the help of this scheme. So, if you are a prospective homebuyer and planning to invest in your dream home then, read this article to understand this scheme in detail and know its importance and advantages:
With a mix of both luxury and affordable segment, Mumbai’s residential real estate market has always attracted homebuyers towards itself. In recent times, many launches took place in the suburban areas of the city. Still, Mumbaikars are more attracted towards ready-to-move-in properties rather than under-construction or the newly-launched one located across areas of Navi Mumbai, Thane, and other suburban areas.
So, check out top areas to buy ready to move in homes in Mumbai and other suburban areas:
After creating waves in the real estate market of India, leading real estate firm Investors clinic has associated themselves with a one-of-its-kind reality show-India Fitness League, with an aim to promote healthy living among masses.
The League has already started from the first week of September and is airing on Dsports on Saturdays at primetime slots.
Considered as the best and most expensive real estate market of the country, Gurgaon offers good returns on investment to all those who invest here. Especially talking about the commercial sector, with thriving and robust infrastructure, better connectivity, work safety, feasible and attractive price, the real estate market has fueled up to a greater extent.
Take a look at the top commercial properties of Gurgaon:
Today the use of technology in the real estate industry has increased up to a large extent. Not only had it helped in reshaping the whole realty world but also has transformed the buying experience of prospective home buyers. Among all the marketing gimmicks, Virtual Reality is one of the upcoming trends; today developers are focusing on, to woo homebuyers by adding the element of customization and personalization to any real estate project.
While buying a house, an individual goes through a roller coaster ride right from searching to shifting; the other task which too requires a lot of brain-twisting is the way to disburse the hard-earned money in various stages of property booking.
Considering all these aspects, developers have divided the real estate purchase into 4 different types of payment modes- Construction-Linked Plans (CLP), Down Payment Plan (DPP), Flexible Payment Plan and Subvention Schemes. Of the four, a flexi-payment plan is one of the most sought after payment options. So let’s understand about this plan in detail:
Formulated in the year 2016, the Real Estate (Regulation and Development) Act, 2016, also known as the RERA Act has been the reason to cheer for the aspiring home buyers. This is because, now the people have got a legal way to deal with all property relates issues like timely possession, lawful layout and more. Unfortunately, the property buying process turn into a sore affair some time and this is when you the home buyer must know about how to file a complaint with RERA authority which we have listed here in detail: