Real estate updates

RBI Home loan

RBI offers Choice of interest type: Relief for home loans borrowers

The Reserve Bank has just rolled out a helpful plan to assist those dealing with high interest rates. If you have a home loan, auto loan, or any other type of loan, you'll soon have the option to switch from uncertain floating interest rates to stable fixed rates. This switch could provide some relief to borrowers facing financial uncertainty. The plan was introduced by Reserve Bank Governor Shaktikanta...

Uttar Pradesh Government New Initiative on Gift Deed, Property Transfers Easier within Family

In a recent cabinet meeting led by Chief Minister Yogi Adityanath, the Uttar Pradesh government has approved a significant exemption from stamp duty for family-related matters concerning the distribution of ancestral property among family members. This means that now, when executing a gift deed, partition letter, or family arrangement/memorandum of agreement, the stamp duty to be paid is only Rs 5,000....

Indian Passport Holders Can Travel Visa-Free

Indian Passport Holders Can Travel Visa-Free to 59 Countries

The Indian passport has been steadily improving in terms of its visa-free access. As of July 2023, Indian passport holders can travel visa-free to 59 countries. This means that Indian citizens can enter these countries without having to apply for a visa in advance. For years, obtaining visas for international travel has been a cumbersome process for Indian citizens. However, the situation has vastly...

Capital Gain on Sale of Property in India: Implications and How to Save

Capital Gain on Sale of Property in India: Implications and How to Save

If you are planning to sell a property in India, it is important to be aware of the capital gains tax implications. The amount of tax you will have to pay will depend on the type of property, the holding period, and the amount of profit you make on the sale. Types of capital gains There are two types of capital gains on the sale of property in India: short-term capital gains and long-term capital...

Liberalized Remittance Scheme (LRS) in India

Investing in International Property: A Simple Guide to India’s Liberalized Remittance Scheme (LRS)

The Liberalized Remittance Scheme (LRS) is a government of India initiative that allows Indian citizens to remit up to $250,000 per year for the purpose of overseas investment. This includes the purchase of international property. The LRS has made it much easier for Indian citizens to invest in international property. Previously, there were a number of restrictions on overseas investment, making it...

Vastu-Tips for buying home

Vastu Tips for Buying a Home in India

When buying a home in India, many people consider the facing of the property to be an important factor. According to Vastu Shastra, the ancient Indian science of architecture, the facing of a property can have a significant impact on the overall energy of the home and the well-being of the residents. Here are some Vastu tips for buying a home in India: North-facing property: North-facing properties...

Hyderabad Outer ring road ORR

Unlocking Hyderabad’s Potential: The Newly Opened Outer Ring Road (ORR) Offers Exciting Real Estate Opportunities

The Telangana government has decided to lease out the 158-km Outer Ring Road (ORR) in Hyderabad to a private player for 30 years on a toll, operate, and transfer (TOT) basis. The ORR is an access-controlled expressway that encircles the city and connects major national highways. The government expects to get an upfront payment of around Rs 7,000 crore from the successful bidder, which can be used for...

The ultimate guide to interior designing in 2023.

The Ultimate 5s of Interior Designing in 2023- Make the Most of Your Bedroom, Drawing Room, and Others

Interior design is the art of enhancing the interiors of space to make it both aesthetically pleasing and functional. Interior design plays a significant role in creating a comfortable and inviting home, and it can make a big difference in how you feel in your space. In this article, we'll explore some practical tips and ideas for designing different areas of your home. 5 Ways You Can Design Your...

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