Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

Mar 01 2016 : The Times of India (Pune) TEAM TOI   If your builder doesn't give you possession of that dream house within the romised three years, sweat ot. For, the 2016-17 Budget roposes tax relief on inter st payment on home loan if he property bought, or under onstruction, is completed within 5 years from the end of he financial year in which he loan was availed instead f the current 3 years.The relief, under Section 4 of I-T Act, could help save ax up to Rs 60,000 per annum.n a further boost to the affor able segment, FM Arun Jaitey also proposed to allow eduction for additional inerest of Rs 50,000 per annum or loans up to Rs 35 lakh anctioned during the next fi ancial year for first-time ome-buyers, provided the alue of the house doesn't exeed Rs 50 lakh. Assuming a loan of Rs 35 akh to be paid over 20 years, he annual deduction comes o around Rs 2.5 lakh, includng the Rs 2 lakh currently vailable. At 9%, the interest utgo in the first

A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold.  Here are a few ways that a good property manager earns their keep: Higher Quality Tenants Think of tenant screening as the moat and draw bridge around your castle. It is certainly possible to get a bad tenant out of your home once they are in, but it’s a real hassle and you are so much better off never accepting them in the first place. A thorough screening process results in reliable tenants that: Pay on time Rent longer Put less wear and tear on the unit Generally cause less problems An experienced property management company has seen thousands of applications and knows how to quickly dig for the real facts about candidates and analyze that information for warning signs. By allowing a management company to handle the screening, you will also be shielding yourself from r

Jan 02 2016 : The Times of India (Pune)   India sees strongest office leasing across Asia pacific markets. Delhi is the most active market followed by Mumbai and Bengaluru, says Anuj Puri, chairman and country head, JLL India As per JLL's Global Market Perspective (Q4 2015), India saw the strongest leasing activity in the Asia Pacific region in Q3, contributing over half of Asia's total gross leasing in office markets. In India, Delhi was the most active market with a number of large transactions, and substantial increases were seen in Mumbai as well as Bangalore.Overall, leasing activity continued to improve in Q3, with Asia Pacific gross leasing volumes rising substantially by 27 per cent year-on-year, following a solid Q2. The most active sectors across the region in the quarter were domestic financial institutions and technology firms. However, the improvement was inconsistent. While India's strong performance was matched by China th

Jan 02 2016 : The Times of India (Pune) -Amit Sethi   In 2016, experts are predicting a robust growth momentum in Pune's real estate market Pune's realty market is considered an all-weather per former. Despite several ups and down in the country's property market in 2015, Pune's real estate market performed well and proved its strength by growing steadily. Attractive emerging locations, infrastructure development and support of business and service sector kept the realty market dynamic in 2015. Experts and developers are predicting a robust growth momentum for Pune's realty market in 2016. Listing achievements of Pune's re ealty market in the year gone by, Surajit Chanda, regional head (Pune), Sobha Ltd, says, “Pune's economy has witnessed a significant boost due to various MNCs consolidating their presence in the city, allowing the residential real estate market to grow. With increasing disposable incomes and influx of for

On the new year's beginning, first Wish to many thank you to be with me in just passed year & Also I take this opportunity to wish you & all of your dear ones a very happy new year, every month, every week & every day, have a great health to enjoy every moment of most precious life. With best regards, Deepak Sundrani & family, The Guru Realty, Pune.

Dec 05 2015 : The Times of India (Pune)   The interest rate and tenure are two factors that have a bearing on the EMI you pay towards your home loan Home loan repayments are made by way of equated monthly in stallments (EMIs). EMIs are arrived at by clubbing the principal and interest payable, divided by the number of months of the loan tenure.The EMI stays constant, divided equally across the loan tenure. Usually, the changes in rate increase or decrease are reflected in the form of a reduced or increased tenure as the case maybe, rather than any change in the actual EMI paid every month. When you are paying an EMI, you are paying an interest component and a principal component in it. It is to be noted that in the initial years a major part of the EMI comprises the interest portion and only a small part goes to wards the principal repayment.In the later years of t the loan tenure, the composit tion changes the principal portion is more than the interest portion. T

Here’s some good news for flat owners worried how much Value-added tax (VAT) will they have to pay. *The quantum of Maharashtra VAT on flats and real estate sold in the state between June 20, 2006 and March 31, 2010 may be much less than 5%, depending up on the method of calculation a developer chooses to adopt*. For example, for a flat with an agreement value of Rs 30 lakh, the VAT could be Rs 24,500 at the lowest and Rs 1,15,800 at the highest. Soon after the state government’s communication, there was a general impression that purchasers will have to shell out a high 5% of the value of their deals as VAT. While that is a possibility, the Maharashtra Department of Sales Tax has said that there are three options available with developers to calculate the MVAT. A senior functionary in the Sales Tax office told TOI that under rule 58 of the Act a developer can deduct the price of land as well as expenses on labour and further deduct the VAT he has paid on the materials before arriving