Property Transfer through Gift Deed or a Will: Which is a Better Option?
Kriti Mehta, a 31-year-old fashion designer from Delhi, is starting her online boutique store to sell exclusive Indian ethnic wear for women. Kriti has arranged 40% of the funds needed to launch and promote the e-commerce platform, but she will require a loan for the remaining 60%. Kriti will not have any problem getting the…
NK Realtors
One-Point Nod for Building Plans in Kolkata from 1st April 2020
Building laws in Kolkata are heading for an overhaul. In a bid to expedite the overall construction cycle in the city and to facilitate ease of doing business in the state, the Kolkata Municipal Corporation (KMC) has launched a one-point mechanism for sanctioning building plans. It is now mandatory for developers and landowners to get…
Budget 2020: Bets on the Long Term while Changing the Short Term
The Economic Survey, published on January 31, 2020, captured the sombre mood of the Indian economy as it warned that the GDP growth rate in the current year will slip to 5%. At the same time, it expressed hope that the GDP growth will pick up to 6 to 6.5% in Financial Year 2020-21. Let…
Why You Must Take Advantage of Low Home Loan EMI Now
Raghav was tidying up his place before his parents arrived for a visit. Although Raghav was brilliantly placed in his career and stayed in a well-furnished 2BHK, his parents would still frown at his living arrangements. The reason? Raghav does not own the house and is already nearing 30, the ideal marriageable age for career-oriented…
Real Estate at the Crossroads: What are the Expectations in 2020?
Over the past decade, India’s real estate sector is undergoing radical transformations in terms of policy reforms, technological advancements, buyer-centric structural changes, and market consolidation — which have all been instrumental in reshaping the sector, increasing transparency and customer confidence. Additionally, the government’s Pradhan Mantri Awas Yojana — the world’s largest housing program — aiming to…
Embrace the High Life with Your Green Address in Chinar Park
Tania Banerjee, a 34-year-old IT employee, was growing tired of commuting from her suburban apartment to her workplace in New Town every day. Waking up at wee hours, battling through the office-going crowd at the station, considering herself lucky if she found a seat at the jam-packed train, and coming home much later than most…
How You can Live Your Best Life in New Town, Kolkata
In 2017, when 32-year-old Smita Sinha moved to Kolkata from her hometown Ranchi to join a reputed MNC, she thought she was moving into a crowded and noisy city that she’d find difficult to adjust to. Yet, it was an opportunity that she couldn’t afford to pass up. Smita, however, was pleasantly surprised to discover…
The Latest Developments in Hyderabad Metro will Benefit More Areas
Young IT employee Priyanka was forced to look for a rented house near her workplace in Jubilee Hills. The daily commute from Chaitanyapuri to her office was taking a toll on her health and on her work-life balance. The long travel time was hardly leaving her with any quality time to spend with family or…
The Results and Effects of PMAY on the Real Estate Sector
34-year-old school teacher, Ambarish was single and had put up in a one-room flat on rent when he moved to Kolkata five years ago from a suburban town. Fast forward to a few months back, his rented one-bedroom apartment proved to be too small now that he is married and has a school-going kid. He…