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Showing posts from July, 2017

Important things to clear before investing on a flat post-RERA

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Is the Project Registered under RERA?
Before paying the half amount for the purchase of the flat, do check if the project falls under the regulator's ambit. Registration is mandatory for all commercial and residential projects. Failure to do so, the developer will be liable for a penalty which can go up to 10% of project cost. Developer with an Established Track Record: As a buyer, you need to focus on reputed builders having established track record and the project that can feed you a good return in future. Go ahead with investing on a reputed builder for your dream home. A well-known builder will ensure that the project complies with all the guidelines falling under RERA and other real estate guidelines. Obtaining the Registration of the Project: Generally, buyers who invest on the apartment before the launch of the project fall under the trap of getting cheated by the developer. Under this act, the promoter has to get the registration of the project for every phase separately. Financ…

Ready-to-move homes are the best choice than under-construction

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Alpha Emerald with  Ready - To - Move - In And Occupancy Certified Homes  #Alpha Emerald is a residential unit in #Hennur, Bangalore. It offers 40 apartments, undergoing construction, covering an area of 1111sq.ft to 1577 sq ft. These #2 and #3BHK apartments are available from builder and resale. Various amenities like gymnasium, swimming pool and landscaped garden are offered. V5 Infra is a Bangalore based firm. Hennur is in north Bangalore. It has a distance of 14.5 and 20.7 kilometers from HAL Bangalore International Airport and City Junction railway station. The area is surrounded by good schools (Sinclars School), hospitals (Divine Hospital) and shopping mall (Esteem Mall).  

Ready-to-move homes are the best choice than under-construction: Benefiting the Tax: As per real estate experts, one must buy the first home in the early age, which would certainly help in tax deduction. There is a huge capital tax gain in ready-to-move homes. Income tax rules allow tax exemption on capital gai…