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Real Estate

Yamuna Expressway Authority Flat Scheme - BHS-01/2013

Yamuna Expressway Authority Flats Scheme – BHS-01/2013 – April 2013

Yamuna Expressway Industrial Development Authority (YEIDA) has launched four storeyed flat schemes in Sector 18 of Yamuna Expressway (BHS-01/2013). YEIDA Flat Scheme – Flat Details and Registration Money: There are total of 4,425 flats in the scheme. All the flats are 1BHK of 29.76 square meters. The cost for ground floor is Rs 7.75 Lakhs while the First, Second [...]

GNIDA Flats Scheme in Sector – MU-II & 10, Greater Noida – April 2013

Greater Noida Industrial Development Authority (GNIDA) has launched four storeyed flat schemes in Sector MU-II and Sector 10 of Greater Noida (BHS-16/2013). GNIDA Sector – MU-II & 10 Flat Scheme – Flat Details and Registration Money: There are total of 7,215 flats in the scheme, with 5,265 flats in Sector MU-II and 1,950 in Sector [...]

Industrial Plots Scheme by GNIDA in Greater Noida – April 2013

Greater Noida Industrial Development Authority (GNIDA) has launched Industrial Plots Scheme in Greater Noida. The allotment of the plots would be done through lucky draw. How to Apply? The application form along with the details brochure can be obtained from the following banks on payment of Rs 1,100 from April 3, 2013 to May 2, [...]

Property Tax Rates in Delhi for FY 2013-14

The property tax is based on the annual value (AV) of covered space of buildings and vacant lands. The entire New Delhi area has been divided into 8 Categories from category A to H. Some colonies in these categories are: Category A: Anand Niketan, Friends Colony, Maharani Bagh Category B: Greater Kailash 1, R K [...]

DLF EWS Flats in DLF City Phase V, Gurgaon

DLF Limited the biggest real estate player in India has invited application for its 1,073 flats under EWS category in DLF city Phase V, Gurgaon. Salient Features: The flats are of about 18.58 square meters The costs of these flats are 1.5 Lakhs each All 1,073 flats are located in various societies developed by DLF [...]

Brahmaputra Enclave – Siddharth Vihar Yojna, Ghaziabad LIG Flats Scheme by UPHDB – 2013

U P Housing & Development Board (UPHDB) has launched LIG Flats scheme in Brahmaputra Enclave – Siddharth Vihar Yojna, Ghaziabad. There are 2,000 flats in the scheme with super area of 47.73 sq. mt. Siddharth Vihar Yojna – Salient Features: The project is located on NH24 Just 5 Kms from Delhi Just 2 Kms from [...]

NHB ‘Residex’: Housing Prices soars at most cities of India

As per NHB Residex, Housing prices have soared maximum in Mumbai and Delhi in October – December 2012 quarter compared to last quarter. Out of 20 cities tracked by NHB ‘Residex’, prices have dropped in only two cities — Faridabad and Indore. Here is the increase in prices from Q3 – 2012 to Q4 – [...]

16 Personal Finance Changes in Budget 2013

Every budget changes lots of things in the personal finance space. Here is a list of 16 things that has changed for you. 1. Income Tax Slabs for FY 2013-14 The income tax slabs have largely remained unchanged for individuals. There are two major changes. People with income less than Rs. 5 Lakhs have to [...]

Budget 2013: Additional 1 Lakh exemption on Home Loan U/S 80EE

I have written earlier that this budget 2013 did not tinker much with income tax rates but thankfully has given incentive to buy your first house. The new section 80EE: Until now you could claim deduction on interest of your home loan to maximum of Rs 1.5 lakhs every year [under sec 24 of Income [...]

Property Tax in Delhi

Property Tax is payable on all lands and buildings within the jurisdiction of Delhi Municipal Corporation. There is no exemption for unauthorized/ unauthorized regularized/ resettlement/ JJ/ Slum colonies, urban and rural villages. Who has to pay property tax? The onus of paying Property tax is on the owner or the occupier of the property. All [...]

Raj Nagar Extension – NH 58 – Ghaziabad – A good investment option?

A few days back I had mentioned Raj Nagar Extension (RNE), NH 58 in Ghaziabad as a budget investment opportunity. Here are some more details. What buyers find good about Raj Nagar Extension? The prices here still on the lower side in NCR region. You can get 2BHK in Rs 22 – 30 Lakhs and [...]

makaan - top real estate destination in 2013

Best Real Estate Investment Options in 2013

A few days back I published top 10 real estate destinations by rental yield. Now here is Best Real Estate Investment Options for 2013 as compiled by Makaan.com. These are categorized further on investment budget. Budget – 15 to 50 Lakhs Ankur Vihar & NH 58, Ghaziabad Bhiwadi, Rajasthan Patiala Road, Zirakhpur Noida Extension Sector [...]

Top 10 Rental Yield Locations in India

Being landlord is one of the best ways to generate passive income. But unfortunately the rental yield for residential units is lower in most parts of India. What is Rental Yield? In case you are wondering, Rental yield is defined as ratio of Annual Rent of the property to the Total cost of the property. [...]

Ghaziabad Authority (GDA) Madhuban Bapudham Mutli-storey Residential Flats Scheme – 2013

Ghaziabad Development Authority (GDA) after launching Kaushambi Mini HIG Housing Scheme has launched Madhuban Bapudham Mutli-storey Residential Flats Scheme – 2013. GDA Bapudham Scheme – Salient Features: No hidden charges like PLC, compulsory membership of the club and swimming pool Earthquake resistant RCC frame on 18m deep pile foundation Just 20 minutes drive from Delhi Area [...]

How to sell a Mortgaged Property?

With increasing property prices and increased convenience of Home Loan, its hard to buy any property without taking home loan. Home loans are typically long term loans anywhere between 5 years to 30 years. In such a long period you might want to sell your property which still has home loan outstanding on it. Below [...]

Ghaziabad Authority (GDA) Kaushambi Mini HIG Housing Scheme – 2013

Ghaziabad Development Authority (GDA) has launched Kaushambi Mini HIG Housing Scheme and LIG Govindpuram (K Home) Scheme on the occasion of New Year – 2013. The LIG Scheme is meant for Economically Weaker Section (EWS) while Mini HIG is open to all. There are 22 flats in Kaushambi Mini HIG Housing Scheme and 23 in LIG Govindpuram (K Home) Scheme. [...]

Delhi Circle Rates – Nov 2012

Circle Rates are the minimum valuation of land and immovable properties in the city. It ensures that properties are not undervalued and keep check on use of black money. While registring your property you have to pay stamp duty according to the circle rate. Government of Delhi has revised the circle rates in Delhi a [...]

Top Real Estate Investment Destination in India

Knight Frank, a real estate consultancy firm has come out with a list of 13 areas in five cities across India, which over the next five years would emerge as the “Best Real Estate Investment Destination“. Ulwe in Mumbai tops the list with expected appreciation of 145% in next five years, with Wadala in Mumbai closely [...]

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