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Residential Properties In Chennai: An Essential Guide   By: anusha rana
Introduction The Best Areas to buy Houses in Chennai The best areas to buy houses in Chennai are mentioned below- Ambattur Velachery Madambakkam Vadapalani Choolaimedu Ayanavaram Adambakkam Perambur Triplicane Puzhal Best Areas to Rent House in Chennai The best areas to rent houses in Chennai are mentioned below- Tambaram Perambur Velachery Valasaravakkam Triplicane Madipakkam Porur Ayanavaram Purasaiwakkam Mangadu Best Areas to buy Flats in Chennai The best areas to buy flats in Chennai are mentioned below- Madipakkam Velachery Chromepet Pammal Medavakkam Arumbakkam Anakaputhur New Perungalathur Mogappair East Perungudi Best Areas to Rent Flats in Chennai The best areas to rent flats in Chennai are mentioned below- Madipakkam Chromepet Keelkattalai Medavakkam Kodambakkam Thiruvanmiyur Iyyappanthangal Tambaram Ambattur Porur Property Rate in Chennai 2022 The average property rate in Chennai is Given below in the list but it increases/decreases according to the locality, size of property and amenities present on it. Medavakkam, the average property rate is INR 4,948 and it increases according to size and the amenities present on it. Avadi, the average property rate is INR 4,044 and it increases according to size and the amenities present on it. Ambattur, the average property rate is INR 4,906 and it increases according to size and the amenities present on it. Iyyappanthangal, the average property rate is INR 5,080 and it increases according to size and the amenities present on it. Perumbakkam, the average property rate is INR 4,455 and it increases according to size and the amenities present on it. Madipakkam, the average property rate is INR 5,480 and it increases according to size and the amenities present on it. Pallikaranai, the average property rate is INR 5,252 and it increases according to size and the amenities present on it. Chromepet, the average property rate is INR 5,180 and it increases according to size and the amenities present on it. Kolathur, the average property rate is INR 5,534 and it increases according to size and the amenities present on it. Ayappakkam, the average property rate is INR 4,378 and it increases according to size and the amenities present on it. Sholinganallur, the average property rate is INR 5,899 and it increases according to size and the amenities present on it. Porur, the average property rate is INR 5,805 and it increases according to size and the amenities present on it. Thoraipakkam, the average property rate is INR 6,361 and it increases according to size and the amenities present on it. Semmancheri, the average property rate is INR 4,377 and it increases according to size and the amenities present on it. Guduvancheri, the average property rate is INR 3,719 and it increases according to size and the amenities present on it. Sithalapakkam, the average property rate is INR 4,392 and it increases according to size and the amenities present on it. Kolapakkam, the average property rate is INR 4,788 and it increases according to size and the amenities present on it. Urapakkam, the average property rate is INR 3,870 and it increases according to size and the amenities present on it. Maduravoyal, the average property rate is INR 5,599 and it increases according to size and the amenities present on it. Thank you(read entire article)
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Category : Real Estate and Foreclosure

How To Buy Flats In Kolkata- Read The Complete Guide   By: anusha rana
Introduction Kolkata is one of the most populated cities in India, with a population of more than 14 million people. The city is also the capital of the state of West Bengal. Kolkata is a major commercial and cultural center of East India and is also known as the "City of Joy." The city is home to many large industries and businesses. Why You Should Buy Flats in Kolkata Kolkata is West Bengal's capital and one of India's largest cities. It is also one of the most densely populated cities in the world. Despite its high population density, Kolkata is considered one of India's safest cities. If you are looking for a flat in Kolkata, there are many reasons you should buy one. Kolkata is a great city to live in, with a low cost of living and a variety of cultural experiences to enjoy. The city is also well-connected, with strong transportation infrastructure. And most importantly, Kolkata is home to some of the best schools and colleges in the country. So, if you are considering buying a flat in Kolkata, be sure to consider all the advantages that the city has to offer. You won't be disappointed. The Top Localities in Kolkata Kolkata is a city full of history and culture. It's also where you can find some of the best apartments in India. If you're looking for a new home, you're going to want to check out these top localities in Kolkata that have flats available for rent: 1. Tollygunge:- This area is home to one of the oldest neighbourhoods in Kolkata, and it's also where you'll find some of the tallest buildings in India. This area is known for its historical significance, so if you're looking for an authentically old-world vibe, this is your place. 2. Lake Town:- If you're looking for something a little more modern than Tollygunge but still want a home with character and charm, then Lake Town is the place for you. There are many different styles of houses available here, ranging from small cottages to large mansions—all with beautiful gardens and great views over the lake (which extends into several different neighbourhoods). How to book your flat in the different price range If you are looking for a place to live and you want to know how much it costs, then you should use the following steps: 1. Choose your budget 2. Find an apartment that fits your budget 3. Book your apartment Conclusion In a city like Kolkata, you will find a wide range of homes from which you can choose. The top localities in Kolkata are Chowringhee, Park Street, Tollygunge, Lake Town, etc. The flats in Kolkata have many benefits that make them one of the best options for people looking to buy an apartment. Flats in Kolkata come with all the essential amenities that a person needs. So, considering all the points mentioned above, you won't be disappointed if you want to buy properties in Kolkata. Choose your flat wisely. Thank you(read entire article)
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Category : Real Estate and Foreclosure

2 Bhk Vs 3 Bhk Flat In Kolkata: Choose The Best Unit To Live In?   By: anusha rana
Introduction We understand that buying a home is a lifetime decision, so it calls for in-depth research before zeroing in on the right property. Several factors come into play while making this decision. Namely- locality, connectivity, budget, and the list goes on. In this article, we shall try to decode the right BHK option for you in Kolkata, keeping your budget and requirements in mind. The concept of the 'right unit' changes with every person. So, we decided to list the pros and cons of both 3 BHK in Kolkata and 2 BHK flats in Kolkata to help you make an informed decision. Let's get started then, shall we? Choosing the best type of residential unit is one of the most important decisions for home buyers in Kolkata. If you plan to buy a 3 BHK flat in Kolkata, they are generally more expensive than 2 BHK flats. However, they offer more space and privacy. If you are looking for a luxurious lifestyle, a 3 BHK flat is the best option. On the other hand, if you are on a tight budget, a 2 BHK flat would be a better option. Advantages of Owning Flats in Kolkata Living in a flat in Kolkata is a great way to live. The city is one of the world's top 10 most liveable cities, and it has a lot of advantages. The advantages of owning a flat in Kolkata are 1. The city is safe and has good security. 2. It is close to the airport and railway station. 3. There are many shopping malls in the area so you can go shopping whenever you want to. Reasons to Choose 3BHK over 2BHK flats in Kolkata. When choosing a new home, there are many factors to consider. But one of your most important decisions is deciding how many bedrooms you need. For many people, a 3BHK flat is a perfect option. There are many reasons to choose a 3BHKin Kolkata over a 2BHK flat in Kolkata. Here are a few reasons why: 1. More Space: A 3BHK flat in Kolkata provides you with more space than a 2BHKin Kolkata. This extra space can be used for various purposes, such as a home office, a playroom for your kids, or extra storage. 2. More Privacy: With an extra bedroom, you'll have more privacy in your home. This is especially important if you have guests staying with you often. 3. Better Resale Value: Should you ever decide to sell your flat, a 3BHK flat in Kolkata will typically have a higher resale value than an a2BHK flat in Kolkata. Conclusion Kolkata is the capital of West Bengal, India. It's a great place to live if you're looking for a big city with a big city feel. The cost of living in Kolkata is relatively low—especially compared to other major cities in India. If you're looking for a place to live in Kolkata, here's a list of the top localities in Kolkata to consider: Palta, Howrah, and Dakshineswar. If you want to live in a cozy neighborhood close to the heart of Kolkata, check out these locales.(read entire article)
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Category : Real Estate and Foreclosure

What Is Dda ( Delhi Development Authority)?: A Complete Guide   By: anusha rana
Introduction The DDA Full form is Delhi Development Authority, which is a statutory body of the Government of National Capital Territory of Delhi (NCT) in India, which is responsible for planning, developing, and maintaining the National Capital Region of Delhi. The DDA was created in 1957 under the provisions of the Delhi Development Act "to promote and secure the development of Delhi." The Act was amended in 1963 and again in 1977. The DDA is responsible for developing Delhi's residential, commercial, and industrial areas. It also regulates the use of land in Delhi and develops infrastructure in the city, such as roads, flyovers, bridges, jogging tracks, parks, parking lots, and community centers. Role of DDA The Delhi Development Authority is a statutory body responsible for planning, developing, and maintaining the National Capital Territory of Delhi. The DDA was constituted under the Delhi Development Act 1957. It is one of the largest planning bodies in India, with many financial and physical resources at its disposal. The DDA's master plan for Delhi is prepared and notified under the provisions of the Delhi Development Act. The master plan contains a land-use plan and zoning regulations. It also provides for the development of infrastructure in the city. What is the DDA Housing Scheme 2022, and How to Apply it? The Delhi Development Authority (DDA) Housing Scheme is a housing scheme launched by the Delhi Development Authority for the residents of Delhi. The Scheme was launched in 2013 and is currently in its fourth phase. The main aim of the Scheme is to provide affordable housing to the residents of Delhi. The Scheme offers several benefits to the residents of Delhi, such as easy availability of housing, transparency in the allocation of houses, and preference given to the residents of Delhi. The Scheme is open to all the residents of Delhi, irrespective of their economic status. The Scheme is also open to Non-Resident Indians (NRIs) residing in Delhi. DDA Housing Scheme 2022 The DDA Housing Scheme 2022 has just been introduced by the Delhi Development Authority (DDA). The eagerly anticipated DDA Housing Scheme 2022 has begun to take effect in Delhi's Narela region. The "First-Come-First-Serve" (FCFS) principle will be used for the DDA Housing Scheme 2022 (DDA Scheme 2022). The DDA Housing Scheme 2022 is an online-running program for the Lower Income Group (LIG) and Economically Weaker Sections (EWS) categories that will begin operation on September 12, 2022. How can I apply for the 2022 DDA Housing Scheme? Online Application ● The interested parties can examine all pertinent information online at https://eservices.dda.org.in/, including pocket size, flat layout plan, location, and pocket. ● The interested parties can apply online and choose to reserve a specific flat on a "First Come, First Serve" basis. ● A client will be given a reasonable amount of time, typically 30 minutes, to deposit "application money" when they choose a specific apartment online. The apartment won't be available for selection by other people for the first 30 minutes. The apartment is reserved for the applicant once the application fee has been paid. Eligibility You must be older than 18 years old. Only residents of India are eligible to register. A husband and a wife may apply for the apartment, but only one will be chosen if both are accepted. One single or combined application is permitted per candidate. Allotment Letter Following the payment of the application fee, the apartment is reserved for that specific applicant. Only through an online approach will DDA issue the demand-cum-allotment letter for the DDA 2022 Housing Scheme. Only the online site will offer this DDA Allotment letter for download. DDA Housing Scheme Benefits Residents are provided with modern houses and flats at affordable rates. The scheme is administered by the Delhi Development Authority (DDA). The scheme provides financial assistance to the poor, economically weaker sections of society. The Delhi Government runs the scheme for every type of people.(read entire article)
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Category : Real Estate and Foreclosure

Things To Keep In Mind Before Buying Property In Mumbai   By: anusha rana
Introduction One of the most significant financial decisions you will ever make is purchasing a home. And if you are purchasing properties in Mumbai, that is entirely different. It is simple to become lost in the house-hunting process given the city's extremely volatile real estate market, constantly shifting pricing, and other complexity. But do not worry; this fast guide will help you narrow your search. Factors To Consider When Buying a Property in Mumbai Location Making the appropriate location choice is essential because it will affect how effective your daily life will be. Accessibility and convenience will increase if facilities like schools, hospitals, shops, workplaces, and places of social and recreational interest are nearby. To ensure seamless connectivity with the rest of the city, look into the availability of public transportation and traffic flow. You can buy a house in Navi Mumbai in the best location. The property in Mumbai usually depends upon the location. Size What the builder specified in the brochures may not be delivered. Additionally, shortcomings could exist in the carpet area compared to what was described as the accumulation area before the project's start. So always choosing the carpeted area is the wiser course of action. If necessary, you can extend the real size if you clearly understand and articulate your requirements. When buying residential properties in Mumbai, look for the size. Privacy and Security Unique security worries can result from living in a Mumbai apartment or residential flat. Focusing on implementing fail-safe safety measures due to high asset theft and burglary reports is essential. A sophisticated alarm system, a motion sensor, smoke detectors, and security cameras might be helpful. Also, choose windows with grilles rather than ones that are entirely hidden. Reasons Why You Should Invest in Mumbai's Real Estate The following explanations will help you understand why you need to invest in Mumbai real estate: 1. Commercial Hub The corporate headquarters and offices of some of the largest companies in India are located in Mumbai, which serves as the nation's financial capital. Commercial real estate in Mumbai has increased as a result of this. As homebuyers buy properties in Mumbai close to their places of employment, residential properties in Mumbai are simultaneously seeing growth. 2. Infrastructure The last few years have steadily improved the city's infrastructure. Less crowded construction buildings may be found in the city, and the roads have been enlarged and are well-maintained. The demand for apartments and single-family homes is high in the city due to several significant projects, including the Mumbai Trans Harbor Link, Metro, which is almost finished and a few more in the planning stages. Developers in Mumbai now have an excellent opportunity to start their properties where these infrastructure initiatives are being implemented, which would help homebuyers. Related Article Top Places to Live in Mumbai Examine These Things Before Buying Property in Mumbai The cost of living in Mumbai depends on the following factors mentioned in the article: Apartments Vs Independent Houses An independent property in Mumbai requires additional work to set up these services. Still, an apartment building already has security, enough parking spots, backup power, water systems, and fire safety measures. Mortgage An apartment is more likely to get approved for a loan than a standalone property if you plan to purchase a home using a home loan. Lending institutions often compile a list of authorized projects where a buyer can quickly get his loan approved. Banks, however, only approve loans for separate properties after carefully vetting the applicants. Registration Charges and Stamp Duty Although it is crowded, Mumbai is a lovely city. You may have dreamed of moving into an apartment with a water view. But keep in mind that some extra costs can be incurred. There are some flats in the same building that need PLC. Apartments with views, units above a specific floor, or apartments with other unique characteristics can be added. Many affordable properties in Mumbai are for sale, but they are not all identical, so you can choose to spend a little more to acquire the one you want. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Top Posh Areas In Lucknow With Property Rental Charges   By: anusha rana
Introduction Due to its history, culture, art, music, and cuisine, Lucknow is recognized as a city with a diverse cultural landscape. Lucknow is the capital of Uttar Pradesh. Chikankari embroidery, a type of gorgeous needlework made in Lucknow, is well-known. Lucknow is one of the top Tier 2 cities, with various upscale neighborhoods. Rapid infrastructural development is currently occurring in one of the nation's smart cities. Top 8 Posh Areas in Lucknow Here are the top 8 upscale areas of Lucknow that offer the best housing options for those aspiring homebuyers looking for the ideal home for themselves and their loved ones to live comfortably every day. You can find the best places in Lucknow, and there are many houses for sale in Lucknow. 1. Indira Nagar It is a posh residential area. It has block and sub-block divisions. The Indira Nagar neighborhood is home to a large number of auto showrooms. Excellent connection is given to the rest of the city. In Indira Nagar, there are also many independent homes. Property and rental prices A two-bedroom home will typically cost you about INR 24 lakh. 2. Gomti Nagar Extension Lucknow This is the best option for anyone looking to purchase a flat in Lucknow. Extension of Gomti Nagar It is only a residential area in Lucknow. The Lucknow Development Board was in charge of its development. Both a business hub and various government offices are located there. Homes in the Gomti Nagar Extension offer the most open area possible. Gomti Nagar has a good network of wide, interconnecting roads. It also features many parks, cafes, shopping centers, and Marine Drive. The incredible connectivity provided by the Lucknow Metro is a bonus. Gomti Nagar has also seen some residential projects during the past several years. Property and rental prices A 1 BHK apartment in Lucknow's Gomti Nagar starts at INR 27 lakh. 3. Hazratganj The real beating heart of Lucknow is Hazartganj. One of the posh neighborhoods is this one. Hazratganj is a perfect site because it has a subtle Victorian charm. Along with it, it is home to Lucknow's elite. Famous biriyani joints and Lucknow's first mall can be found in Hazaratganj. Given that it is a premium area, real estate costs are a little higher. Property and rental prices A 1BHK apartment typically costs around INR 80 lakh. 4. Alambagh This area has a reputation due to its past. During the 1857 sepoy mutiny, the location was turned into a fort. It has moreover evolved into a popular option among homebuyers over time. Alambagh provides a beautiful way of living as well as many conveniences. Nearby are cafes, shopping centers, colleges, and schools. Additionally, the Lucknow-Kanpur highway is close by. Alambagh has easy access to the airport. Property and rental prices You can purchase a house in this emerging residential area for as little as INR 4.5 lakh. 5. Jankipuram An important Lucknow suburb is Jankipuram. In recent years, the region has grown rapidly. Jankipuram is for individuals who prefer a quiet and peaceful life away from the hectic city life. It also offers excellent infrastructure and easy access to a variety of amenities. All of the major areas of the city are easily accessible from there. Property and rental prices At Jankipuram, you can easily find a 2BHK for roughly INR 28 lakh. 6. Mahanagar Mahanagar is another fantastic area for a residential home. Large plots and a lot of open areas are present. Gomti Nagar, Aliganj, Hazratganj, and Kapoorthala are all easily accessible. Many excellent shops can be found nearby as well. Property and rental prices An expansive 2 BHK would cost about INR 70 lakh on average. 7. Sushant Golf City The township in question spans 6465 acres. This might be referred to as a modern township situated on the Lucknow-Sultanpur Highway. It has a sizable 18-hole golf course, as the name would imply. Additionally, it has opulent villas, lovely landscaping, shopping centers, cafés, and a fantastic clubhouse with all the amenities. Property and rental prices In Sushant Golf City, a house may be yours for about INR 55 lakh. 8. Amar Shaheed Path Amar Shaheed Path is another trendy township. It is now recognized as a premier residential community. A lovely green environment surrounds every home. In this residential area, a lot of opulent mansions are for sale. The airport is conveniently located nearby. It is also self-sufficient, with access to several amenities, including malls and cafés. Property and rental prices A house typically costs between INR 65 and INR 70 lakh in this region. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Top Reasons Why Real Estate Pune Is A Great Investment For Living   By: anusha rana
The second-largest city in Maharashtra, Pune, is widely known as the state's cultural hub. Pune is currently a thriving metropolis and rising as a premier location for real estate investment. Investors consider the city one of the most profitable and viable locations to invest in residential real estate in Pune. Reason to Invest in Real Estate in Pune Reliable Returns Of all the Indian metropolises, real estate in Pune has experienced the highest market value growth from 2011 to 2014. This is mainly explained by the city's ongoing development and the increased population that has resulted from the expansion of the manufacturing and technology sectors. While the real estate companies in Pune were in poor condition in 2017, causing appreciation values to stagnate or decrease, it is anticipated that they will begin to rise steadily over the coming years, especially in areas of the city where job growth and construction are prominent, such as in Hadapsar properties. More Opportunities for Employment and Education Pune, a less populous metropolis than other major ones, is today thriving in the IT and education sectors after gradually releasing its full economic potential. There is currently a rise in the real estate prices in Pune creation and possession of projects well-suited to mid- and high-level investments in real estate in areas that are home to several corporations and educational institutions. People buy flats in Pune as it is an excellent choice for long-term beneficial usage and benefit if you're looking to invest in real estate in Pune or want a suitable place to settle in with your family. Infrastructure Advancements Infrastructure improvements are being made in Pune's suburbs, significantly improving living conditions in areas farther from the city centre. As a result, there is greater demand for apartments in Pune. You could capitalise on this demand for homes by investing in real estate in regions like Hadapsar, and you'd be guaranteed consistent returns over the next few years. You can buy a house in Pune at a very affordable price, and rental properties in Pune are excellent. Related Article How to Rent a House in Pune Different Ways to Invest in Real Estate Market The following section discusses the most popular ways to invest in real estate in India. Rental Properties Purchasing properties in Pune and renting them out is an excellent strategy to invest in Indian real estate and make money from it. It guarantees consistent income. About 30% of individuals, according to the RICS-Knight Frank Report, live in rental homes. However, there are drawbacks to this investment strategy as well. When renters begin causing property damage, owning a rental property can occasionally become a headache. Managing particular renters and making sure rental payments are made on time can be a difficult chore. House Flipping Someone can do house flipping with real estate marketing, appraisal, and renovation knowledge. Capital and the capacity to recognise, comprehend, and make repairs as necessary are required. Since the capital is only committed for a bit of time, a speedy return is likely possible. All that is needed is in-depth market expertise. Real Estate Investment Groups (REITs) Real estate investment groups, often known as REITs, are a good option for people who wish to own rental real estate but don't want to worry about managing it themselves. A corporation that either constructs or acquires a collection of apartment buildings and then makes them available for purchase by investors are akin to a mutual fund. In this case, the business acts as a purchasing intermediary, and the investor joins the group. In REIGs, a person may be the owner of one or more living spaces, but he need not bother about managing and caring for the spaces. Related Article Top Posh Areas to Live in Pune Thank you(read entire article)
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Category : Real Estate and Foreclosure

Complete Guide To Know How To Increase The Value Of Your Home   By: anusha rana
Introduction A house is a sound investment that can be worthwhile in the long run. Make changes to your asset portfolio and develop equity in your house. Then, watch your housing worth rise. A variety of factors affect the speed of this property portfolio growth. This includes the neighborhood of your house. The local housing demand and the economy also play a crucial role. But, homeowners may raise the value of their homes over time. They are likely to do so by undertaking repairs and alterations. This helps in boosting its attractiveness. Homeowners may then sell the property at a higher resale value. Considerable facts to determine the value while Buying a Home If you are looking for the perfect house to invest in, here are some pointers you cannot miss! Price Before you venture out to the market, this is likely already on your checklist. Be mindful of your budget and all costs associated with the property you wish to invest in. Pay a visit to your bank, and get pre-approval for your loan. Check the market value of the land, and see if the price of the home you want to buy is reasonable or not. Consider these costs before going ahead with your home investment. Layout of the House The Layout of the house includes the number of rooms in the house. This total number of rooms includes your living room and your bedrooms. Look for more perks, such as a modular kitchen and the size of the kitchen. The number of attached washrooms and rooms' sizes beautify the Layout. The Layout of the house also depends on the Age of the property. Location and neighborhood of your house Buyers prefer to locate a location close to the areas they visit. This includes schools, workplaces, shopping centers, and places of worship. Check for convenient accessibility to major roads and traffic flow. Factors that can Decrease the Value of a Property The following factors can hurt the value of your property: · Unclean and rowdy neighborhoods · Overpricing of property · Age of the property · Poor paint quality · Bad maintenance · Poor accessibility to market · Availability of other amenities such as parking lots, parks, lifts, etc Factors that help to Increase the Value of your Home If you have often wondered how to increase your home's value, you have come to the right place! Below are a few measures you can take to increase home value. Invest in the Bathroom and the Kitchen Kitchens and baths are the interiors that sell properties. Many real estate agents say this. A kitchen or bathroom redo can provide a 100% or more significant rate of return based on the finishes you select. The rate of return also depends on the amount of labor you can do yourself. Finally, it comes down to the revamp these changes provide over your home's present state. Bathroom and kitchen upgrades are the best way to boost home value if you have a remodeling budget. Switch to Energy-Efficient Equipment & Technologies Energy-efficient improvements lower your utility expenditures while you own the house. These improvements would also appeal to purchasers whenever it goes up for sale. Purchasers are always looking for energy-efficient amenities to save money as homeowners. An upgrade can help you get a better resale value if your property has outdated appliances. It would work even if the upgrade is as simple as adding low-cost contemporary equipment. Before presenting your property, clean and declutter it A little clean-up goes a considerable way when marketing or receiving an assessment of your house. Vastu Shastra Vastu may sound like a conservative and traditional concept. But, it is essential when it comes to real estate. Approximately 80% of the market demands housing options that follow Vastu. Such demand, in turn, brings about a better ROI (return on investment). Vastu-conforming properties are more appealing on the market. They have a higher resale price than those that are not. Thank you(read entire article)
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Category : Real Estate and Foreclosure

What Are The Stamp Duty & Property Registration Charges In Pune   By: anusha rana
Introduction Current Financial Year Stamp Duty For Pune According to the following breakdown, the current stamp duty in Pune 2021–22 S is 6% of the property's market value: ● It costs 4% in stamp duty for the house. ● One percent of local body tax (LBT) ● 1% of the transport surcharge Methods of Paying Stamp Duties in Pune You can pay offline and online for stamp duty and registration charges in Pune. The steps are as follows: Online Process Go to the GRAS portal first. From the scroll-down list, choose "Citizen" and "Make Payment to Register Your Document." Select "Pay Registration Fee and Stamp Duty Together." Enter the necessary data, such as the district and registrar's office. Select the bank and captcha options for your payment. If you decide to pay using multiple banks, you should send your stamp duty payment in cash or by check to the authorities. A challan will be given to you after the transaction is complete. The Government Reference Number should always be on hand. Additionally, you will receive details like the bank's PRN, CIN, and Branch code. Offline Method Additional methods of payment for registration fees and stamp duty include ● Franking. ● Postage stamps Related Article Cost of Living in Pune How can we calculate stamp duty for different types of Properties If the consideration value of the property is higher, stamp duty is assessed on the highest of the ready reckoner rate, market value, circle rate, or consideration value. The sum of any purchase or sale two parties have agreed upon is known as the "consideration value." For instance, if the circular rate is Rs 50 lakh and the agreement value of your apartment is Rs 60 lakh, the stamp duty would be calculated on the greater amount, i.e., Rs 60 lakh. Related Article Best Areas to Buy House in Pune Any Tax Benefits on Stamp Duty from the Government If you have built or purchased a property, you should learn more about the stamp duty exemption rules. Stamp duty, registration fees, and other expenses directly connected to the transfer may be written off under Section 80C. A maximum deduction of Rs. 1,50,000 is permitted under this section. Until the property has been registered in the buyer's name, the buyer lacks legal jurisdiction over it. It is essential for a user to register their property with the state government and to pay the associated stamp duty to protect themselves from future fraud of any form. Owners who don't pay their share of the stamp duty will have to pay the penalty later if they don't, too. To maintain possession of the property, the full process is completed. This makes the payment of stamp duty, and registration fees for a property, when stamp duty is paid for the registration of your documents and registration fees are the same as the processing cost necessary. Related Article How to Rent a House in Pune How can I Pay Stamp Duty In Pune Online? Step 1: Open eChallan by going to https://gras.mahakosh.gov.in/. (Maharashtra Stamp Duty Online Payment Portal). If you want, proceed to Step 2 and register on the portal. (recommended) Step 3: On the new screen, select the type of transaction you wish to complete after clicking "Pay without Registration" if you decide to pay without registering. Step 4: Select whether to pay just the stamp duty, registration fees, or both the registration costs and the stamp duty under the heading "Pay to register your document." Step 5: Enter the correct information in this section, including the district, the sub-registrar office, the party information, the property information, and the property valuation information. Step 6: All needed is to choose the preferred payment method and produce the challan. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Top Posh Areas In Pune To Live The Best Luxurious Life   By: anusha rana
Introduction Over the last few years, several IT firms and offices have laid a foundation in Pune. Many academic institutions have also set up bases here. The city gives out a call to students, fresh graduates, and professionals from all around. And it has served the cause! Top Posh Areas in Pune Do you want to buy flats in Pune? Do you need clarification about the best localities to do so? If yes, look at a detailed list of the most expensive areas in Pune. Pune is Maharashtra's cultural center. The city is growing in significance when it comes to real estate prices. The number of posh areas in Pune has also increased. This is a result of fresh start-ups. Due to the same, millionaires seek to invest in these locations. This has also drawn high-rise builders, developers, and investors to the posh areas in Pune. So, if you want to know the best residential areas in Pune, keep reading! 1. Kothrud Kothrud's real estate market has grown in recent years. It contains several beautiful residential residences as well as business ones. Kothrud is the most sought-after location to buy houses in Pune. This is due to its well-developed civic and social infrastructure. There are several IT corporations and well-known colleges in the area. All this makes this a popular destination for both students and working professionals. 2. Erandwane Erandwane is home to various film schools. This includes the renowned Film and Television Institute of India. This location is one of the best residential areas in Pune, and it has expanded more over the last 3-5 years. It is one of the best areas to live in Pune, with well-established facilities and services. 3. New Kalyani Nagar New Kalyani Nagar is seeing significant industrial and residential development. It is thus one of the topmost expensive areas in Pune. For a novice to the area, Kalyan Nagar is one of the top localities in Pune. New Kalyani Nagar is accessible from other popular areas in Pune. This location is one of the best in Pune and is near the airport and train station. Due to its status as an IT hotspot, it has acquired popularity among the IT community. 4. Shivaji Nagar Shivaji Nagar is among Pune's greenest neighborhoods. It has several key government departments, city courts, and academic institutions. The greenery of this locality is what earns this place a spot in our list of best areas to live in Pune. This location gained appeal as well-known builders purchased property here to construct homes. Because of rising housing demands, this area has developed into a wealthy neighborhood. 5. Koregaon Park Koregaon Park is famous for its lush flora and immaculate cleanliness. This is one of the best areas to buy houses in Pune with business companies and elegant houses. Nature envelopes the area throughout. Koregaon Park not only serves as a renowned residential area, but it has also become a business area. 6. Boat Club Road Boat Club Road also serves as a fashionable and upscale neighborhood in Pune. It offers villas and bungalows that are ultra-luxurious. The Royal Connaught Boat Club was named after this location, a popular hangout for start-ups in Pune. The Pune-Mumbai highway connects this area to the rest of the city. The highway serves as a significant factor in its expansion. Within a 2-km radius, you have access to all necessary amenities. Living in a rental house in Pune is especially expensive here. This is because it is one of the most affluent areas in Pune. Thank you(read entire article)
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Category : Real Estate and Foreclosure