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GAUR YAMUNA CITY Spread over 250 acres, the strategically located project is set to create a new benchmark of quality, elegance and refined taste. with coveted holistic living to offer, it is no doubt that Gaur Yamuna City is all that a property seeker can ever dream to be in real. GYC is planned for over 17,500 units including 2/3/4 BHK homes, Plots, Villas and Commercial spaces. The township is strategically located on one of the fastest growing professional hubs of India. GYC is pre-certified by the Indian Green Building Council (IGBC). It has a number of landscaped parks and continuous landscaped internal roads for cycling and other on-road sports activities. With more to offer GYC also includes, international school, multispecialty hospital, malls and multiplex facilities, religious institutes, swimming pools, skating rinks and moreover around 65% of empty space which includes 9 acres of Yamuna lake, 2.5 lakh Sq.Ft. exclusive club house. So at Gaur Yamuna City, you don’t ...

Property , being a costly asset, has often been at the epicentre of disputes. There are many reasons for a surge in such quarrels, including greed and ignorance. Many a time, people go to court because they don’t know the nuances of law and hence their rights. Magicbricks collates 11 facts about  A ncestral Property that you must know: 1. Property inherited up to four generations of male lineage, which means father, grandfather, great grandfather and great-great grandfather is called ancestral property. It should have remained undivided till the fourth generation upwards. 2. Unlike other forms of inheritance, where inheritance opens only on the death of the owner, any right to a share in such a property accrues by birth itself. 3. Ancestral property could include self-acquired property as well. This is a matter that is determined on the basis of facts and circumstances of a case. 4. Any property divided through a partition deed, family arrangement, etc. lo...

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...

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,...

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...

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 sav...