Things You Should Know about Reduced GST on Real Estate
For three generations, real estate has traditionally been a favoured choice of investment for Mumbai’s Jain family. The family’s youngest member, Navneet Jain, 32, also has property investments in major metro cities across the country. Speaking about the changes that GST has brought to the real estate sector, Navneet says that the revolutionary tax reform…
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How You Can Save Taxes on the Sale of Property in India
“You should have contacted me once before selling the property,” businessman, Mahesh Srinivas’ accountant said. “As per your current tax slab, you will have to pay a tax of 30% on the profit you made from the sale of your property.” Astonished and taken aback, Mahesh, who sold his residential property within a year after…
How to Choose the Best Commercial Property Insurance Policy
Ranjit Saha runs an automobile spare parts manufacturing business in Howrah, near Kolkata. Saha has installed the best equipment to make sure his products are top-quality and they are able to meet customer demands in the market. He is proud of the company he owns, and the turnover that his business generates. But sometimes things…
Women’s Safety in Hyderabad: How Safe is the Pearl City for Women?
Choosing a city to live in is a question most women seriously consider in various stages of their lives, be it for education or profession, and even for settling in with a new family. Aspirations apart, the most important factor that women of all ages consider is women’s safety and security in a city. The United…
Things You Should Know About Paying Property Tax in Hyderabad
Hyderabad has been at the forefront of e-governance for quite some time now. As a city known for giant strides in the area of the information technology industry, with major global companies choosing it as the preferred location for India development centre, its government has also simplified paying property tax in Hyderabad online. There are no manual…
Factors to Consider Before Buying a Home if You’re Under 30
“Is it the right step for you when you are just starting your career?” Ishan’s father asked, raising his eyebrows. “Son, this is the time to save for the future,” added his mother. “That’s what I am doing mom,” Ishan, who is an executive in a leading global information and measurement company, tried to justify…
Hyderabad Film Industry – at the Cusp of Massive Growth
The City of Pearl, Hyderabad is also the city of glamour and gloss. Apart from IT, pharma and real estate, it is also home to a multi-crore Hyderabad film industry — or Tollywood (not to be confused with Bengal’s film industry). According to South superstar, Chiranjeevi who has worked predominantly in Telugu films, “When the Telugu…
Loan against Property (LAP) and Home Loan: What’s the Difference?
When Sunanda, a 52-year-old widowed school teacher, learned of her daughter Rachna’s confirmed admission with a partial scholarship to her dream college in the US, she was beyond happy. At the same time, she felt torn with anxiety over how to secure the remaining financial support for Rachna besides the scholarship at such short notice….
How the Union Budget 2019 Will Help Property Buyers and Investors
In an attempt to boost the real estate sector, the Union Government, in its election-year Interim Budget 2019, announced a slew of measures that would escalate the demand for properties, especially in the affordable housing segment. This year’s Union Budget gets big thumbs up from industry stakeholders because it comes at a time when the…