How the Mega Stimulus will Help the Real Estate Industry
The Coronavirus pandemic had prompted the Government of India to adopt a strict nationwide lockdown. Barring scanty manufacturing and distribution of essential commodities, medical supplies, and utilities, this comprehensive lockdown completely stopped almost all other industrial and commercial activities nationwide. Although the lockdown was necessary to arrest the speed of the spread of COVID-19 in…
How You Can Research a Neighbourhood before Buying a Property
Sanjeev and Rupa, a couple working in the IT sector, got married about a year back. Somewhat perturbed with the problems of staying in a rented home, and somewhat falling for the desire of creating a happy nest for the duo, they started planning for buying a property. As luck would have it, the COVID-19…
Good News for MIG Homebuyers: The PMAY CLSS Scheme Is Extended
After three long years of deliberation, random frugality, and calculated saving up, 38-year-old school teacher Sanjib and his wife Anjali were finally ready to buy their first home in 2020. They decided to apply for a home loan and had plans to avail of the PMAY CLSS scheme for MIG homebuyers. But fate has a…
The Future of Salt Lake Sector V as an Excellent Business District
Rita’s first reaction when she came to know that her MNC has transferred her to Kolkata, was to pass over the opportunity. But the transfer came with its own perks of a better position and higher salary. She forced herself to swallow the bitter pill and prepared to make the City of Joy her new…
EM Bypass: Is It Fast Becoming the New Focus Area of Development?
For as old a city as Kolkata, it has enjoyed and imbibed many influences down the ages. In the process of its evolution, various parts of the city rose in prominence. Today as Kolkata expands and evolves, new areas are stealing the spotlight from the old as promising realty hubs, boasting of modern lifestyle amenities….
Hyderabad Property Market Trends (Jul – Dec 2019): Hottest Locations, Buying Preferences & More
With the top metros like Delhi and Mumbai displaying limited price appreciation, Hyderabad, with its consistent mention among the top 10 fastest growing cities in the world, witnesses a continuous surge in housing demand, especially in the premium segment, in the budget bracket of Rs. 1-2 Crores. Keeping In line with Hyderabad’s steady growth in…
How to Buy Your Dream Home with the Help of EPFO
Rajiv was well placed in his career. Still, in his early thirties, he had achieved more than what most of his peers could not even dream of. But somehow, not owning a home was looked upon as a vital void in his otherwise successful life. He kept on postponing his plans of homeownership. His parent’s…
A Look at the Latest Trends of Housing Market in Kolkata (July-Dec 2019)
It’s a great time to be a homeowner. The current home loan rate is at its lowest standing at 7.90%. With a loan value amounting to Rs 30 lakh, this low interest rate for the affordable housing segment makes buying houses more financially logical rather than renting. The trends of the housing market in Kolkata…
The Importance of Determining the Fair Market Value of a Property
You could be trying to buy your very first home or you could be the owner of a lucrative piece of real estate trying to sell it. In both cases, it is very important to determine the fair market value of your property. The correct calculation of the fair market value of a property and its…