Here is the link to an interesting blog post on the VAT problem for existing home owners of Pune.
http://ravikarandeekarsblog.blogspot.in/2012/10/Maharashtra-Value-Added-Tax-VAT-On-Property-Bought-Between-2006-and-2010-1.html
Click the link above and read the article regarding how to tackle the VAT problem.
Besides this article, you can read many more topical articles and property buying tips on Ravi Karandeekar's Pune Real Estate Blog at http://ravikarandeekarsblog.blogspot.in/
http://ravikarandeekarsblog.blogspot.in/2012/10/Maharashtra-Value-Added-Tax-VAT-On-Property-Bought-Between-2006-and-2010-1.html
Click the link above and read the article regarding how to tackle the VAT problem.
Besides this article, you can read many more topical articles and property buying tips on Ravi Karandeekar's Pune Real Estate Blog at http://ravikarandeekarsblog.blogspot.in/
10 comments:
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Real Estate Property in India is being good sector for investment. This is informative post and for the outsider INDIA real estate is like a nightmare. Construction Industrey Analysis
Some of the advantages of investing in property include:
Safety aspect – low-risk investments are always popular with untrained "mum and dad" investors. Property fits this criteria with returns in some country areas reaching 10% per year. Housing in metropolitan areas is constantly in demand with the high purchase price being offset by substantial rental income and a yearly return of between 4% and 8%.
High leverage possibilities – investment properties can be purchased at 80% LVR (loan to valuation ratio), or up to 90% LVR with mortgage insurance. The LVR is calculated by taking the amount of the loan and dividing it by the value of the property, as determined by the lender. This high leverage capacity results in a higher return for the investor at a lower risk due to having less personal finances ties up in the property (80% of the purchase price was provided by the mortgagee).
Investing in real estate has been the best option always to make our money safe. I agree with Bharat book. This is informative post and for the outsider INDIA real estate is like a nightmare.
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Investing in properties in India is always beneficial if done with proper research and analysis as there excellent return of Investment especially in cities like Pune, Mumbai, Bangalore etc..
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The growing industry and job opportunities are also playing a vital and key role in the success of Pune. Each Pune Property is demanded and so there are all chances for a price hike in the city.
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Thanks for your vies on India real estate.For your information here i would like introduce real builders from Bangalore,those are benchmark at villas in Bangalore
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