How to Buy Your Dream Home with the Help of EPFO
Rajiv was well placed in his career. Still, in his early thirties, he had achieved more than what most of his peers could not even dream of. But somehow, not owning a home was looked upon as a vital void in his otherwise successful life. He kept on postponing his plans of homeownership. His parent’s…
NK Realtors
A Look at the Latest Trends of Housing Market in Kolkata (July-Dec 2019)
It’s a great time to be a homeowner. The current home loan rate is at its lowest standing at 7.90%. With a loan value amounting to Rs 30 lakh, this low interest rate for the affordable housing segment makes buying houses more financially logical rather than renting. The trends of the housing market in Kolkata…
The Importance of Determining the Fair Market Value of a Property
You could be trying to buy your very first home or you could be the owner of a lucrative piece of real estate trying to sell it. In both cases, it is very important to determine the fair market value of your property. The correct calculation of the fair market value of a property and its…
Property Transfer through Gift Deed or a Will: Which is a Better Option?
Kriti Mehta, a 31-year-old fashion designer from Delhi, is starting her online boutique store to sell exclusive Indian ethnic wear for women. Kriti has arranged 40% of the funds needed to launch and promote the e-commerce platform, but she will require a loan for the remaining 60%. Kriti will not have any problem getting the…
One-Point Nod for Building Plans in Kolkata from 1st April 2020
Building laws in Kolkata are heading for an overhaul. In a bid to expedite the overall construction cycle in the city and to facilitate ease of doing business in the state, the Kolkata Municipal Corporation (KMC) has launched a one-point mechanism for sanctioning building plans. It is now mandatory for developers and landowners to get…
Budget 2020: Bets on the Long Term while Changing the Short Term
The Economic Survey, published on January 31, 2020, captured the sombre mood of the Indian economy as it warned that the GDP growth rate in the current year will slip to 5%. At the same time, it expressed hope that the GDP growth will pick up to 6 to 6.5% in Financial Year 2020-21. Let…
Why You Must Take Advantage of Low Home Loan EMI Now
Raghav was tidying up his place before his parents arrived for a visit. Although Raghav was brilliantly placed in his career and stayed in a well-furnished 2BHK, his parents would still frown at his living arrangements. The reason? Raghav does not own the house and is already nearing 30, the ideal marriageable age for career-oriented…
Real Estate at the Crossroads: What are the Expectations in 2020?
Over the past decade, India’s real estate sector is undergoing radical transformations in terms of policy reforms, technological advancements, buyer-centric structural changes, and market consolidation — which have all been instrumental in reshaping the sector, increasing transparency and customer confidence. Additionally, the government’s Pradhan Mantri Awas Yojana — the world’s largest housing program — aiming to…
Embrace the High Life with Your Green Address in Chinar Park
Tania Banerjee, a 34-year-old IT employee, was growing tired of commuting from her suburban apartment to her workplace in New Town every day. Waking up at wee hours, battling through the office-going crowd at the station, considering herself lucky if she found a seat at the jam-packed train, and coming home much later than most…