Panvel, on the outskirts of Mumbai offers several advantages for home seekers – good connectivity, several major upcoming infrastructure projects, green surroundings and above all, affordable property prices
A perception has gained ground in the Indian housing market that the Goods and Services Tax (GST), is only applicable to under-construction projects and hence, ready-to-move-in apartments are exempt from the GST.
Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to reduce the tax burden in the housing market
Retirement homes, earlier looked upon with disdain, are now gaining greater acceptance. Children of aged parents often, live away from their family. They are happier to have their parents living in safe retirement homes, in the company of people of the same age group, and where many of their daily needs are taken care of.
Demonetization was undoubtedly a landmark event in the history of our economy. The aim of demonetization was to curb the use of black money, but the cash crunch it caused contributed to significantly lower real GDP growth in the subsequent quarter.
6 Ways To Get A Home Loans With Bad Credit
There is no denying the fact that buying a home is a huge investment. Seeing the current real estate prices, for most people in India, this is one of the major acquisitions they will ever make. Every citizen of India dreams of owning their own home and this is the reason the banks offer home loans to turn every citizen’s dream into reality.
It is no secret that bachelors are avoided in every society in Mumbai, reason being the overenthusiastic attitude, their nouveau independence and freedom. Even in Pune, residential societies are pushing the norm bit too far.
Affordable housing is at the center stage of India’s real estate movement and this story is likely to unfold for multiple years. The housing shortage in India is pegged at 1.9 crore units and the government has recognized the need to fill the gap in urban housing. The drive to bring homes to the country’s 1.3 billion people is expected to bring a colossal $1.3 trillion wave of investment to the housing sector over the next seven years. The government’s financial and policy thrust, regulatory support, rising urbanization, and increasing affordability is converting demand for affordable homes into a commercially viable opportunity. The sun is finally rising on the affordable housing segment.