Having been under constant scrutiny and news these past few months, the Goods and Services Tax (GST) has already managed to come under the ire of many for the taxes levied on certain products and services.
Over the years, real estate and construction has become a major segment of the industry, with the demand for real estate rising more and more with each passing year. The growth in per capita income has been one of the biggest reasons for a rise in investment as compared to any other form of expenditure.
The recent Real Estate (Regulation and development) Act (RERA) 2016, which was finally implemented on the 1st of May 2017, has been the source of much speculation and curiosity. The greatest question throughout the entire situation has been how it will affect home buyers, considering it is an act passed to benefit the common people.
Passed by the Parliament in 2016, the Real Estate (Regulation and Development) Act (RERA) came into the force on the 1st of May, with the rest of the provisions coming into force on the 1st of May 2017. This act was aimed towards protecting the interests of home-buyers along with increasing real estate investments.
Mumbai is popularly considered as a favourite place for real estate development. However, there are regular complaints about the lack of space in the more developed areas. As such the development projects are targeted in areas surrounding proper Mumbai.
The Real estate sector is the second largest employing field in the country. It accounts for about five percent of the gross domestic product and hence is considered an integral sector in the economy. The recently approved reform of bringing all taxes under a single Goods and Services Tax (GST) is a much talked about topic these days.
Real estate investments can turn out to be profitable if you know the correct avenues to put your money. While Indian residents are quite aware of the market forces, NRIs often don’t know the perfect ways to utilize their savings and wealth.
One’s place of stay should be a location that will be of total relief. After coming from a hard day’s work, all the tensions and worries should be obliterated. You can have different options of staying.
Everyone loves to own a residential property that would give him the luxury of the accommodation along with modern amenities. Added to that, if the residence is at a placethat is in a balanced location
If you are looking for an accommodation, you may consider staying at a location that would be amidst nature. During the whole day, you are busy with your office or other professional work that necessitates you to travel to the busy portion of the city.
While choosing your accommodation, the factors of the modern amenities coupled with the proximity to nature are both important. It is required to strike a balance between the two. Your home is the place where you can relax and forget the tensions of your life.
Every individual wishes to have the best experiences when it comes to choosing their dream abodes. While peace, tranquility, and calm environments are prime requisites, luxury, and modern amenities are also important. Apart from that, the location of your dream nest is also important.
The ever-increasing demands for perfect housing and luxurious living have created the need for contemporary residential projects. Irrespective of their budgetary limits, every individual aspires to own a dream home.
When looking for a House A person in his life makes many purchases and investments in order to make his living better. A house, amongst all the purchases is the biggest and the most crucial one. It is important to put in some thought and research before you take your final call.