Recently there was a report by HDFC Housing on affordability in real estate i.e. whether the home prices have reached to a situation where they are affordable by large middle class. The report mentioned that although the housing prices are higher the affordability of middle class has increased for buying a house.
10% Now and 90% on Possession- Is It attractive?
Many real estate builders are now offering this scheme wherein you pay 10% of the property value at the time of booking and the rest 90% amount can be paid when you take the possession. Prima facie it looks a win-win situation for both. Buyers pay only a small amount at booking while the builder […]
How Capital Gains Account Scheme Benefits?
Capital Gains Account Scheme or commonly known as CGAS is made for claiming tax exemption on long term capital gains. This avenue is specifically used when you are not sure of these funds utilization or the utilization is spread for next 2-3 years. But the scheme has its caveats and cannot be chosen for complete tax exemption as […]
3 Ways You Can Transfer Your Property
There can be many situations when you wish to transfer or give away your ownership in a property. As a parent you would like to gift the property to your children so that you can see them enjoying it in your lifetime or it can be a gift to them on the occasion of their marriage. At […]
