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India has seen many policies in recent years but certain milestones are spread over decades. As the country will soon complete seven decades of independence, it’s worthwhile to remember the milestones that have had a long lasting impact on India’s real estate industry :-  1.) Formation of Chandigarh & Gandhinagar The new capital cities of Chandigarh and Gandhinagar were formed in 1952 and 1960 respectively. These were the first, and rare, occasions of planning entirely new cities in the country. 2) 1st city development plan The Maharashtra Regional and Town Planning Act, 1966, first incorporated the practice of development plans and town planning. The Planning Commission also issued its first guidelines for district planning in 1969, which led to many states to formulate district plans. However, except a few excellent examples, these initiatives didn’t yield positive results. 3) Urban Land Ceiling Act The Urban Land (Ceiling and Regulation) Act was enacted i

Yamuna Expressway stretching 165 kms. connects international tourist destinations of Delhi and Agra. Yamuna Expressway, a 6-lane (extendable to 8 lane) access controlled Expressway, is planned to have 5 LFDs (Land of concessionaire) with facilities of 4 Toll Plazas, and 6 Interchanges along the entire length. Now-a-days Yamuna Expressway is coming up as most preferred new investments destinations and  choice for investors, companies, corporates, industries, home buyers based on following reasons :- World Class Infrastructure Intelligent Transport System Upcoming Jewar Airport Connectivity with Greater Noida, Noida, Delhi, Aligarh, Faridabad, Mathura, Agra etc. Well connected with Noida-Greater Noida Expressway, Agra-Lucknow Expressway Connectivity  with Eastern Peripheral Expressway provides all around connectivity to all National Capital Region locations Metro Connectivity - Greater Noida Metro expected to be operational in 1st half 2018, Proposed

Buying real estate property can be an expensive affair and it is next to impossible to buy a house without financial assistance. It is therefore necessary to take precautions and ensure that the hard earned money invested into such property is not only safe but secured to the fullest extent. This highlights the need for a proper due diligence. Also, a purchaser needs to be aware of the following the basic legal documents before purchasing an immovable property: Original Title Documents The title documents means the flow of title devolution from one owner to another and culminating with the current owner/ seller who is selling the property. In case the original title documents are not with the seller, then there are chances that the title documents are deposited with the banks/ financial institution for the purpose of creation of mortgage and the same also needs to be verified by the purchaser. Search Report The title search report is usually issued by the search clerk after

The  Income-Tax Appellate Tribunal  ( ITAT ) has held that a taxpayer can invest capital gains for the second or third time towards the same ‘new’ house  property . Tax benefits cannot be denied on this ground, provided the cost of the new house is within capital gains that have arisen to the taxpayer. ITAT also held that as the new property was under construction, it cannot be counted towards the number of houses already owned by the taxpayer. Various provisions of the Income-Tax (I-T) Act grant a tax benefit, where long-term capital gains (LTCGs) arising out of a sale of certain assets are invested in acquiring a new house property. To the extent of investment in the new property, the taxable component of LTCGs is reduced, which results in lower I-T outgo. But if the taxpayer owns more than one house, other than the ‘new’ residential property, on the date of transfer of the original assets, the I-T benefit is not available. It is not uncommon for taxpayers to sell more than one asse

Stocks Or Real Estate: Which one is Better Investment option for a Profitable Portfolio Do you have a fund corpus and are unsure where to invest it to gain healthy returns? In India, people primarily use following four markets for investment: Buying real estate propertyInvesting in the stock market and mutual fundsBuying goldKeeping it in saving account or Fixed Deposits Keeping money in saving account is a good option, but the limit should be just to meet some unexpected expenses. It is impossible to make money work for you by keeping it in saving account where the interest rate is merely 3%. To ensure that your money compounds and grows well, you need to invest it wisely. When it comes to investment, instead of making a mixed portfolio with all the options, people in India usually look for the best choice. They look for an investment option that safeguards their hard earned money against risks. With real estate requiring large funds, they end up investing maximum part of savings

The steps to buy a house might seem complicated at first. It's no wonder first time home buyers wondering how to purchase a home often feel overwhelmed. But if you dream of owning a home, it's essential you know what to do and who to turn to, right? Plus, the home buying process is not as scary as it might seem at first. Just check out these 10 straightforward steps to buy a home, and you're well on your way! Steps to buy a house 1.  Are you ready to become a homeowner? Whether you’re becoming a homeowner for the first time or you’re a repeat buyer, buying a house is a financial and emotional decision that requires the experience and support of a team of reliable professionals. These folks know how to purchase a home from beginning to end, so lean on them! That's what they're there to do. 2.  Get a Realtor Help - Haveon Deal In the maze of forms, financing, inspections, marketing, pricing, and negotiating, it makes sense to work with professionals who kn

"Top 10 Reasons and Benefits to Hire a Professional Real Estate Agency" Education & Experience ~ You don't need to know everything about buying and selling real estate if you hire a real estate professional who does. Henry Ford once said that when you hire people who are smarter than you are, it proves you are smarter than they are. The trick is to find the right person. For the most part, they all cost roughly the same. Why not hire a person with more education and experience than you? We're all looking for more precious time in our lives, and hiring professionals gives us that time. Agents Are Buffers ~ Agents take the spam out of your property showings and visits. If you're a buyer of new homes, your agent will whip out her sword and keep the builder's agents at bay, preventing them from biting or nipping at your heels. If you're a seller, your agent will filter all those phone calls that lead to nowhere from lookie loos and try to induce seri