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Showing posts from October, 2018

Prestige Jindal City - Residential Complex in Tumkur road, Bangalore

Prestige Group’s brand new residential society in the north-western part of the megacity, on the Tumkur Road will be a spectacle. It will give buyers a vibrant option when purchasing a property in this beautiful city. Prestige Jindal City paints a picturesque backdrop of a home in the middle of serene and tranquil forest cover. Spread over 32 Acres of unbounded landscape and filled with greenery within the project in an abundance, this is nothing less than a magic unfolding right in the city limits. A total of 9 towers will don the landscape of this project premises. The configurations that will on offer here are 1, 2, 3 and 4 BHK units in total. While the possession dates have been stated as December 2021, the project will be handed over to the residents on-time without any delays. After all, Prestige Group is a renowned name in the realty sector offering wonderful residential solution to all the potential buyers. With a total of 3570 units on offer in total, this mini city

RERA in Karnataka- Guidelines for a Better Investment Stratergy

Karnataka has showcased some of the best real estate projects the state has to offer. Developing cities, Especially Bangalore has witnessed realtors from all across the country set their respective bases to cater to the demand raised by potential investors. Sobha Dream Gardens by Sobha developers is one such project that is strategically located to precision at Bellahalli in Bangalore. The project offers fabulous high-rise architecture marvels so residents can enjoy stunning views of landscaped gardens surrounding the project. After the introduction by policies set by the government like RERA and GST, the demand for affordable housing has increased considerably. These are rules that have to be strictly adhered to be the realtors in terms of product and service offering. Prior to such policies, realtors use to set expectations and fail to deliver them on time. Architecture developments are pivotal in impacting customer purchase decisions which in turn establishes long-standing rel

Which works better in the present Indian realty market- a new home or a resale home?

What to buy Home? Indian Real estate market is always unpredicted. Home buyers are struck between investing in a new home or buy a resale home. Housing demand is in the peak in the society that buyers are confused in buying a brand new home or a resale home. It all depends on your financial condition, lifestyle desire and the property of your need.  Most people prefer buying a new home and only a few opt to buy the resale home due to multiple reasons as per their wish and affordability. Why select the new home? The New home is a direct deal between the builder and the buyer. Resale home is a transfer of the home to the new buyer from previous buyers. Many people would have brought and re-sale the property and would have passed from many sellers. New homes are the first choice of investors/buyers since it offers better resale value. Documentation will be transparent and legal advice on it would give more clarity. Many home finance companies, nationalised banks as well

Prestige Willow Tree - Upcoming residential Apartments in Vidyaranyapura

Prestige Willow Tree , Vidyaranyapura, Bengaluru marks another crown launch of the prestige group. it's fashioned with the vision of facilitating the individuals with a divine setup of luxuries and comforts. Natural gardens and tree lines are combined with well-thought setups of luxurious homes to make glorious abodes for the occupants. status tree offers a series of residences in one BHK, two BHK and three BHK configurations. It tree is found in North of Bangalore and offers pleasant property with remainder of Bangalore. Convenience and luxury instrumentality and setups are placed equally to have interaction the stressed minds of this territorial division. These residences, however, are in their pre launch standing. Prestige Willow Tree Who started the project? As already explicit , the territorial division project has been launched by prestige group within the year 2018. this is often not the primary time that has launched such humongous project. Ever since its fo

Reconnect to Nature with Prestige Elysian Residential Project

Bangalore is often called as the “City of Gardens”. With Prestige Elysian , located near Bannerghatta Road, you can go one step ahead and actually live among-st the beautiful, heavenly abode of Mother Nature. Presenting one of Bangalore’s most beautiful and peaceful localities Prestige Elysian Located in the southern part of Bangalore city, Bannerghatta Road (otherwise known as State Highway 87), or as it is popularly called, “BG Road”, is one of the best and by far the most beautiful localities of the city. It is not in Bangalore per se, but rather it’s located on the outskirts (more of a suburb to the main city). This distance offers a much-needed break away from the hectic traffic, polluted atmosphere and noisy neighborhoods that often plague Bangaloreans. The world famous Bannerghatta National Park is also located in this area, wherein tourists and locals come to enjoy the spectacular flora and fauna. But it’s not all sticks and stones! Bangalore is a hub fo

Stamp Duty Charges on the Property Comes Under Income Tax?

Can the stamp duty and registration charges on the housing property claimed under income tax? When you make an agreement with the builder to buy the property you are supposed to pay the stamp duty to the government. Stamp duty on the property is fixed depending upon the value of the property as mentioned in the agreement.Stamp duty charges are fixed by the state government of the respective state depending upon the market value of the area and are published by the government area wise. Each year stamp duty charges are revised depending on the area developments. Registration and stamp duty charges are also important aspects while buying a housing property. All the registration charges, stamp duty and other expenses can be claimed under Section 80C under income tax regulations. Godrej Aqua | Stamp Duty Know more about Stamp Duty Rates To avoid evasion of stamp duty through undervaluation of agreement sand to minimize the disputes on the quantum of stamp duty

Tax and GST Benefits for the Home Buyers of Sobha Dream Gardens

Tax and GST Benefits for the home buyers All investment either residential, commercial or retail are subjected to be taxed under income on the property. Properties that are self-occupied, rented property, inherited properties and various other types of properties attract tax under income tax regulations. Even the vacant or un-occupied property is treated as the self-occupied property under the income tax guidelines.  Real estate sector is already subjected to Service tax and VAT (Value Added Tax) along with the recently added GST (Goods and Services Tax). Under the GST regulation, construction of civil structures and complex buildings is subjected to 12% tax. Housing projects which are meant for the selling to the home buyers are also subjected to 12% tax. The luxury housing property is exposed up to 12% of GST. GST rates have been collected on the renting the home. The affordable housing projects are exempted from the GST. If the project has received Occupancy Certificate (O

Prestige Elysian - An Upcoming Epitome Project

Experience the delight of a pleasant living with Prestige's new residential range – The Prestige Elysian . The project is located in one of the stunning localities of Bannerghatta road of Bangalore. This establishment is all set to present a new definition of delightful environment. This project will come with outstanding planning proficient with the best engineering techniques, which will make it an accurate choice for the home seekers surveying to buy an apartment in the prime locations of the Bangalore city. Upcoming project Prestige Elysian will consist of numerous comfortable apartments in eight low rise towers. The project will offer all the luxurious amenities that are required for a comfortable living. This pre-launch project will offer plentiful ways to occupy your leisure time in the way that you wish to, including Amphitheatre, Children’s play area and Club house, Party Lounge, Gymnasium, Aerobics & Yoga, Spa, Pool Table, Cards room, Billiards, Table Tennis, Ca