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Showing posts from July, 2018

Kolte Patil Centria - Budget or Luxury Property: Which is a Better Investment?

Buying and selling of properties have become a common business in the cities and towns. Nowadays people never stay at their birthplace for their lifelong period as they find big cities reliable for gaining higher education and better jobs. As soon as they relocate they start to stay in rentals or PGs but after some years when they get used to the lifestyle and the city they will gain a property or apartment of his own and Kolte Patil Centria is a residential project which is best suited for you, if you are freshly looking to invest in property. Kolte Patil Centria | Undri | Pune Now, owning or investing in a property is not that easy task. While a person starts to search a place of investment they get familiar with two terms- Budget property and Luxurious property and along with that it becomes a huge question that which of these two types of properties are best for investment? Firstly, you should know that owning a property is not actually a good investment but it is a goo

WHAT IS THE PRICE OF LUXURY RESIDENTIAL HOMES IN BANGALORE?

Bengaluru is the main Indian city to have seen a 45% spike sought after for extravagance homes costing above Rs 1.5 crore. The city, be that as it may, positions a general third in the nation's land space after Hyderabad and Chennai. While deals in the Central Business District have been shake unfaltering, luxury developments in the peripherals have seen a drop since 2016. Like Mumbai, Bengaluru too is going the loft way. The estate showcase is specialty. The 42-km Metro hallway is pegged to support the Bengaluru land segment. Capital costs have expanded by around 150% over the most recent five years in territories closer to the Metro stations. Costs are relied upon to go up further by 10-20% in the following quarter. Here is a rundown of some of the most luxurious projects in Bangalore: 1. Godrej Aqua: About the Project : Godrej Aqua is the unmistakable task from the place of Godrej Properties. Godrej Aqua is outfitted with every single present day convenience for the new

Commercialization of Metropolitan Cities Have Paved Way to Residential Growth

Commercialization of Metropolitan Cities Haved Paved Way to Residential Growth As we all know Pune has progressed a lot over the years as far as standardized living is concerned and the real estate business has taken huge strides in order to cope up with the pace of commercialisation that leads to more and more employment opportunities. Bangalore being the It capital of India is also the best place to invest and get increased returns. Pune and Bangalore are the most promising cities for the professionals who want to avail the best opportunities and prosper. The modern populace of these cities that are heading towards the availability of all sorts of modern convenience under one roof. Hence the demand for housing and exponential raise in the real estate market is seen in the past years. Pune, the eighth largest metropolises in India where the real estate sector is showing clear signs of getting corporatized. Information technology, engineering and automotive companies are sprouting

Which Works Better in the Present Indian Realty Market | Kolte Patil Centria

Which Works Better in the Present Realty Market | Kolte Patil Centria Your home is your dream palace in which you invest all your time, money and knowledge to finally see the structure of your fantasy taking shape. But you face a great deal of dilemma while buying a home- one such problem is whether to buy a brand new home or a resale home. There are certain advantages and disadvantages of buying a new home or a resale home. You can always customize your brand new home, you can design its interior, the color of the walls, the type of flooring or the kind of doors you want to use. On the other hand, a resale home has all these specifications already done and you have no choice but to accept the deal to buy it. One more reason for buying a resale property is the lack of projects at the location you want to settle, due to this you might have to buy resale houses where they already exist. There are certain financial benefits of a new home if you are taking a home loan,

Kolte Patil Centria - Home Financing Options for NRI Buyers

Home Financing for NRI Buyers - Kolte Patil Centria The present government and their new administrative acts are extremely NRI investor friendly. The demonetisation move has likewise been instrumental in boosting the assurance of the NRI people group. With the Real Estate Regulatory Act (RERA) and GST, there is upgraded transparency in the framework which is specifically impacting the quantity of NRIs hoping to put resources into property in India and with properties like Kolte Patil Centria located at NIBM – Undri Road, Pune, the interest of NRIs have risen many folds At the point when a non-occupant Indian (NRI) selects to buy a property in India, there are a few things to keep in mind: 1.       Financing The cash for buying a property in India, needs to come through banking channels as it were. Thusly, the installment cannot be offered as explorer's check or foreign currency. An NRI can likewise utilize the cash in his/her credit, in non-resident external (NRE)

Will GST on Real Estate benefit home buyers and the sector?

Impact of GST on Real Estate The recently implemented tax GST (Goods & Services Tax) which gained mixed reactions from the people is also applicable in the residential real estate transaction. Residential construction services will invite 12% of tax and is applicable to the developers selling residential units before completion of construction to the home buyers. Cement, sand, steel attract GST and hence the prices along with GST on the property also goes up. The luxury property is entitled up to 12% GST and affordable housing projects are exempted from the GST. If the occupancy certificate for the project has been received, then, no GST will be applicable. GST has also been levied on the renting of residential property. It is advised to the buyers to be aware when the builder asks you to pay just 1% or a very nominal payment and the balance after possession, you will still have to pay the GST on the full amount. Which is a bit more money from your pocket where you need