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News Updates

26 Sep22

Reasons to Buy a Property During Navratri 2022

Navratri is celebrated with nine days of divine power devoted to the manifestations of the idol Durga. There has never been a better time to buy a apartment. Real estate purchases during Navratri are considered highly auspicious and give more value for your money. What is Navratri? Navratri is a Sanskrit word meaning ‘nine nights’.It is a Hindu festival dedicated to Goddess Maa Durga and her nine incarnations. According to the auspicious calendar, these nine days are the best time

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16 Sep22

7-point homebuyer’s checklist for 2022

After several years of tardy growth, a surge in demand for residential property has led to a smart uptick in real estate prices across the country. Delhi NCR saw the biggest jump in prices, with prices in Noida Extension and Greater Noida shooting up smartly (see chart). Despite the sharp rise, prices are still within reach in these micro markets. A 2-BHK house measuring 800 sq ft would cost roughly Rs.34-38 lakh, which makes the property affordable for the middleincome group. In Ahmedabad,

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16 Aug22

Real Estate Regulatory Authority Increasing transparency in real estate sector

India’s real estate sector has come a long way in the past few decades. From a largely unorganized and unregulated sector, it has become one of the largest and most resilient real estate industries in the world. Today it is one of the most significant contributors to the country’s GDP. It also employs one of the highest numbers of unskilled and semi-skilled labourers. However, the real estate sector in the country has had a fair share of ups and downs during this period. There were

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08 Aug22

Reason Why Home-Buyers More Interested in Buying a Flat in New Town

Kolkata’s real estate market is witnessing a speedy transformation. The city’s property market, coming out from the stagnation post demonetization and GST, has gained much momentum in recent times. With the apprehension about GST getting cleared, New Town is gradually receiving increased buyers’ interest in recent months. Affordability Is the Key For Buying A Flat in New Town Pricing and value are always the primary concerns while looking for flats for sale in New Town

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05 Aug22

Repo Rate Hike: How will homebuyers get impacted and what should they do?

The RBI increased the repo rate — the rate at which the central bank of the country lends funds to the commercial banks — by 50 basis points (bps) to 5.40 per cent in its bi-monthly policy meeting today. The decision is going to impact a large number of home loan borrowers and impact the prospective borrowers who are planning to buy a new house. Here is how the repo rate influences the home loan rates Every time a home loan is taken, the first thing that comes to mind is the

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08 Jun20

West Bengal CREDAI seeks for the aid of the realty sector to Bengal CM

The developers of west Bengal has got the help from the state on certain packages like waivers on taxation and deductions on stamp duty of the properties when the real estate industry was drowning under heavy debts and at a halt due to Covid-19 pandemic. The CREDAI (The Confederation of Real Estate Developers Associations of India) of west Bengal also urges for property and municipal tax waivers including postponing the sanction fees of projects and validity extension of sanction plans for

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20 May20

Notification of amendments on CGST Laws by Finance ministry

With retrospective amendment of CGST the centre got more expanded time for the disbursal of input tax credit. In the amendment of CGST which is related to the transitional arrangements and is more effective for input tax credit. So the expanded time limitation helps to avail the pending input tax credit under the existing law. This amendment is to support the problems for everyone excluding the ruling petitioner for claiming the pending input tax credit or ITC till the date of June 30.

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29 Apr20

Post Coronavirus Impact Across the Country

The coronavirus pandemic has shattered the whole world and it is a big event taken place globally which has a great impact on the economy of the country and also on the other essential works. Though this turmoil will be solved soon but it has some severe outcome which will need time to recover soon. Companies with e-commerce facilities will last with profit gains The companies which has the facilities of e-commerce and can also gain some profits by providing essential materials.

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18 Mar20

What is The Importance of Will for Dividing the Property?

Most of the Indian property holders hesitate in making of wills for the division of the property as they cannot able to trust the fact of will. Though the property owners need to make a will for easy passing the property according to their choice.  Importance of will It is not mandatory but still, some people strongly believe that wealthy, old and diseased people need to make a will. But basically, the person who becomes financially active should make a will. Anyone can make a will who

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14 Mar20

Why Bidhannagar is the Best Locality in Kolkata?

Bidhannagar is a locality is growing up rapidly and making drastic changes in Kolkata real estate as it has many multinational companies, ongoing metro connectivity and it is included in smart city categories. This place lies in the north-east part in Kolkata also leading towards constructions of metro lines with sector 5 also enhancing the demand of residential units. This place is under the administration of Bidhannagar Municipal Corporation. The BMC Commissioner wants to change the

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