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Showing posts from September, 2020

Trends that millennial home buyers are creating in real estate investment

 With India having a huge and developing populace of recent college grads, we take a gander at how their inclinations, which are unmistakably not the same as the past ages, will influence the realestate market.  In the course of the most recent couple of years, the realestate market has seen a progression of exceptional changes. One such turn of events, has been the dynamic inclusion of recent college grads in lodging venture. Their viewpoint and approach towards life, is somewhat unique in relation to the previous ages and they have concocted inventive approaches to put something aside for an up front installment. This move in socioeconomics is influencing the market.  Indian real estate industry to turn out to be third-biggest, worldwide  The realestate market holds impressive hugeness in the Indian economy. It contributed about 6%-7% to the Indian economy total national output (GDP) in 2017 and is relied upon to contribute about 13% by 2025. As per a report by KPMG, by 2030 the Indi

Stamp duty and registration charges in Bangalore

 Stamp obligation is a significant wellspring of income for state governments. It is an assessment the state government demands on buys, in view of the market estimation of a property. The assessment sum is income for the specialists and the returns go towards formative work. At the point when you purchase a property, you should enlist the proprietorship archives in government records as commanded by the Registration Act, 1908. You are likewise obligated to pay a specific level of the property cost towards such enrollment. These obligatory energizes add to the general expense of possessing a home in any city. The equivalent is valid for Bangalore. While trying to surrender a leg to the property market, the Karnataka government, in May 2020, cut stamp the stamp obligation Bangalore charges from 5% to 3%, for properties in the scope of Rs 21 lakhs to 35 lakhs. In 2019, stamp obligation was defended from 5% to 2%, for properties up to Rs 20 lakhs. To address the worries of the individuals