Urbanisation and Demographic Trends: Transforming the Real Estate Landscape
It feels like a week has passed since Manoj came to Kolkata to join his office at Salt Lake, Sector 5. But that is not true. It was almost a decade ago. Today, when he looks back, he is surprised by how much the city has changed. Massive urbanisation, demographic changes have completely expanded the…
NK RealtorsAre You Aware of Your Rights and Duties Under RERA? Find Out Now!
“Investing in a property is not easy; you need to do so much due diligence,” grumbled Rajat. But his father was adamant. He opposed him with gusto, “It was so once upon a time. Not any longer. Nowadays, RERA eliminates the need for most of the due diligence.” “Yes, I have also heard there are…
Senior Citizens’ Path to Homeownership: The Best Loan Options
Mr. Subir Chatterjee does not own a home, but now, with retirement staring him in the face, he has decided to buy an apartment in Kolkata and settle down. He was in a job that took him to different cities in India. He was not sure where he would finally settle down after retirement. Now…
Buying a Home in 2025-26? Essential Tax Rules You Need to Know
Tax laws related to home loans and certain changes proposed in the Union Budget 2025 came into effect on April 1, 2025. These will affect homebuyers, property investors, and real estate developers. The new provisions are also expected to boost demand, increase tax compliance, and make property transactions more transparent and investor-friendly. If you are…
Demystifying Home Loans: Essential Information for Every Buyer
Buying a home involves substantial capital investment, and a home loan is extremely important for most homebuyers. In fact, almost all banks and various non-banking finance companies (NBFCs) offer home loans. However, their terms and conditions often differ, and borrowers find it difficult to choose the most suitable home loan from the right financial institution/bank….
Start Home Ownership Early: Benefits of Home Loans for Millennials
Srijit, a software engineer in his early 30s, had always wanted to buy a home. Growing up in various rented apartments through his childhood and teenage years, he saw his parents coping with rent hikes and the uncertainty of shifting. After landing a plum job in an IT giant, he started thinking of buying his…
A Sunday Afternoon Near The Ganges in Kolkata
It was a Sunday afternoon when Saibal met Supriya for the first time at a restaurant beside the Ganges. They sat down on a table overlooking the Ganges. They could watch the waves, the Western bank, and a few boats through the large glass window. The river was flowing gently. Supriya was bathed in the…
How to Arrive at a Home-buying Budget in Kolkata
Sandip was a somewhat confused young man when he planned to buy his first home. To make matters worse, he became more confused after he visited a few under-construction and ready apartments and started planning for a home-buying budget. Thinking that two heads are better than one, he consulted his wife Saheli and could finally…
Homebuyers are Upbeat in Property Purchase, Ignoring Interest Rate Hikes
Interest rates are cyclical; a lower interest rate regime lasts a few years and then is followed by a higher interest rate environment. We are currently living in a high-interest regime but it looks like this is going to end soon and interest rates will be revised downward soon. Homebuyers intuitively know this. They are…
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