Will Property Prices and Home Loan Rates Increase Now?
It is probably the best time to buy a house and the reasons are not difficult to decipher. Rock-bottom interest rates on home loans, festive discounts, offers, and the availability of ready-to-move-in properties mean that buyers can swoop in on good deals. The home loan interest rate is now at 15 year low, but will…
NK Realtors
What You Must Know about the Common Area in Your Apartment Complex
In your gated apartment complex, the ‘common area’ is an indivisible area that is co-owned by every resident, and collectively maintained by every resident. The Apartment Act of a state as well as the Real Estate (Regulation and Development) Act, 2016 help define and govern the common area in an apartment complex. What Constitute the…
Circle Rate, Market-Rate, and Tax Implications — All You Need to Know
Real estate is one of the most important pillars of the Indian economy. Also, the real estate industry supports many other industries and is a major job-creator. In the interest of the economy, the good performance of this industry is vital. Governments, both at the central and state level, are trying hard to boost demand…
Santragachhi, Howrah — Close to Kolkata, Upcoming Real Estate Hotspot
There is an old saying that the western bank of the Ganges is as holy as Varanasi — ‘Gangar Poschim Kul, Varanasi Samatul’. In fact, Howrah is a much older city than Kolkata and in the recent past, has again come to focus. Howrah, especially the north-western area of Howrah, has seen increased development activities…
Mahishbathan — Strategically Located Lakeside Property Hotspot
Raj and Debjani Chatterjee have been living in South Kolkata after they got married a couple of years back. As their families were from South Kolkata, it felt good being close to families. But the difficulty of daily travel from South Kolkata to Salt Lake Sector 5, where his office is, has prompted him to…
Why You Must Buy a Home Now Ignoring Covid-19
Rabi, Sumita, and their 14-year-old daughter have been living in a small rented home in Kolkata for a few years now. Both of them are doctors and work in a hospital close to EM Bypass. In fact, their home is conveniently located near Kasba, and their workplaces are within easy reach. Even their daughter’s school…
How You Can Create a More Efficient Kitchen in the Current Situation
In the small family of Subir and Jayati there was always the traditional Indian division of labour. Subir was the bread-earner, while Jayati was truly the homemaker in every way. Once in a while, Subir tried to try his hand in the kitchen but the resultant displeasure of Jayati after he made a mess of…
Hyderabad Property Market is Ruled by the Power of 3
Our study of the Hyderabad property market during the January-June period of the current year has shown up interesting insights. In spite of the lockdown and Covid-19 related complications, there is enough interest in property investment. The demand data of the Hyderabad property market has revealed that it is ruled by the power of 3…
Affordable Homes, South Kolkata Rule Kolkata Property Market (Jan-Jun 2020)
Kolkata property market took a knock as lockdown started in Kolkata. The fear of uncertainty gripped all economic activities. The economic commentators’ consensus view was that property purchases will see a massive reduction in demand, as conserving cash would be the mantra for everyone. But as it happens more often than not, the consensus view…