PROPERTY NEWS

Real estate continues to be a favorite bet among NRIs

12/29/2018 4:41:20 AM

The real estate market continues to be a favorite bet among the NRI community not only because of its financial capabilities, but also due to its keen eye of gauging trends correctly. The last couple of years have been quite interesting to say the least for the Indian real estate sector. Particularly, the governmental reforms, which have not on....

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Input tax credit decoded for homebuyers

12/29/2018 3:51:24 AM

One of the most important components of Goods and Services Tax (GST) Act that came into force on July 1, 2017 is the Input Tax Credit (ITC). It was India's biggest tax reform post-independence. The new tax regime seeks to transform the Indian economy with its 'One Nation, One Market, One Tax' principle by subsuming a host of indirect taxes charged....

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WHY PROPERTY BUYERS HOME IN ON POWAI

12/29/2018 3:31:20 AM

Powai has been the undisputed queen of the suburbs since a long time for its many charms that bring home buyers and office occupiers in droves. Its upmarket image was bolstered in the late 80s when India’s first private township project was launched by Hiranandani Developers, and even today that project stands testimony to the excellence in projec....

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Weak rupee, regulatory changes make realty attractive for NRIs: Experts

11/1/2018 1:27:18 AM

Last year when US-based Pawan Chadha was looking for a property in Mumbai’s western suburbs (Andheri and Goregaon), the houses he liked cost about $220,000 (Rs 16.1 million). Stagnant real estate prices and a depreciating rupee have made the same houses cheaper for him by 12 per cent. The improving regulatory environment is also giving the Indi....

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Investing in property? Commercial is costlier, but delivers better returns

11/1/2018 12:53:35 AM

With the residential segment of the property market languishing, many high net worth individuals (HNIs) are now making a beeline for commercial buildings that have the potential to offer them steady rental returns along with reasonable capital appreciation. By opting for completed and leased buildings, these savvy investors are avoiding developmen....

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Estate planning: Here's why delay in writing a Will can prove costly

11/1/2018 12:52:11 AM

Parents go to great lengths to ensure that their children get the best comforts that their money can buy, and the best education that they can afford, or sometimes even not afford. They make multiple sacrifices to make life easier for their children. However, this same sense of parental care is not evident when a parent passes away, especially the....

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Millennials are driving housing demand in India

10/25/2018 1:25:19 AM

For most homebuyers of today, it's more important to commute easily and get back home quickly after work, getting more time to enjoy the entertainment facilities offered by their residential complexes. Having influenced the property market in the west, the "Millennial factor" has now started influencing the residential market in India. Mille....

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