Rakesh, Bangalore

Long term realty investment will work great in this fluctuating scenario of real estate market. Investor will be paid off with good amount if he invests for around 3 to 4 years at a stretch. They just have to understand the market properly before investing.

If you are staying at a rented place and have taken a home loan then you have the tax benefits on principal repayment, interest payment and HRA benefit. You can claim tax benefits if the construction of your property is over. Once the construction is done, you can not claim the HRA benefits. If you took a home loan, got possession of the house, have rented it out and stay in a rented accommodation, you will be entitled to all the three benefits.

No, you can not apply for a home loan for buying properties abroad. No financial institutions provide loan for the same. The reasons are very obvious like difficulty in property verification, legal structure in loan, disbursement, etc.

Did you buy this property more than 6 months back? If you bought it within 3-6 months back then it would fall under normal home loan application. Same rates and income tax benefits will be given to you. However, if you bought the property more than 6 months back, then it will be treated as loan against property. The rates will be higher with no income tax benefits.

In certain areas of Bangalore the condition of the roads are horrible and the dustbins are overflowing with garbage. The reason is that the number of sweepers are less. The State Government has already approved the appoinments of 4,500 sweepers a year ago but still now they have not got the appointment.

Comptroller and Auditor General of India is acting on the improper investment by BWSSB for Bangalore Waste Treatment Plant. They found out that the same water which was treated was agin and again put into the same channel. Government officials have decided to appoint a separate private wing to maintain the water supply and also the treatment water plants in Bangalore.

Hi, I am residing in Bangalore,even i also have heard about the project and it is very true that the G.R Sun villa had got a teriffic response, it is centrally located and is off the Old Madras road, there are 165 villas and all the villas have luxurious facilities like gym, squash court, swimming pool with todlers pool, library with coffee shop, yoga room, spa, cafeteria, party hall and many more.

Hi, I also reside in Bangalore and the price of the property in Bangalore near the metro is getting hiked and the number of property buyer are decreasing because the properties near the metro demands high rates, now the rates of the property near Whitefield, M.G. Road, Electronic City and Byappanahalli will hike by 15% to 20% and also the property near Mysore road and Kanakapura will also increase the rates as the metro line is expanding that side of the city also.

You can look for areas such as Hosur road, HSR Layout and Silk Board. With a budget of Rs 15 to 25 lakh you will get good deal in these areas. In these localities, 2 BHK apartments with sizes ranging from 900 to 1,200 sq ft can be available.

hi we have a flat in 26laks which suites for your budget.. please call me or email me 9916165990 / nageshreddy@concordegroup.co.in

There is no rule anywhere that car parking can be charged by the developers. But due to increase in number of cars in each apartment the developers are bound to charge for the parking. This is due to increase in cars in the apartments. it depends on builders. you can inquire with other residents about the same.

Reducing balance method of of calculating interest is better when taken a home loan. You will get to know what amount of loan bank is charging. In reducing balance method, you first reduce the amount of principal payment already paid by you from the initial loan amount. You pay interest only on principal amount unpaid till that point of time and not on the entire loan amount.

If you have a property and want to repay your loans or want to get better returns then renting out the property is a better option. You can also pay for a second home from the rental returns you get from the first home.You can earn a regular income by renting out.

Bruhat Bangalore Mahanagara Palike has come up with an initiative to do away with illegal Optical Fibre Cables. A fine of Rs 900 will be imposed on every metre of illegally laid cable. The service providers will also be liable to pay a rent of Rs 120 per metre every month.

Many of the optical fibre cables (OFCs) in the city were unauthorized and soon BBMP Bangalore will disconnect the unauthorized cables and this could disturb your plans of having internet connectivity if your service provider is one of them. What @abhilasha said is correct, BBMP Bangalore is expecting to generate revenue of around Rs 500 crore by levying a fine of Rs 900 per meter per cable for not obtaining the civic agency’s permission and legalize if the service provider pays the penalty.

The best way to reduce water wastage at home is to use small faucets in Kitchens, bathrooms and other areas having water outlets. Implementing rainwater harvesting can be very benevolent in providing surplus of water during hard times.

Using solar water heater can save energy consumption to a greater extent at homes and offices. The beneficial solar power can be used to cook food and also to power on various other electrical appliances. Using zero candle bulbs instead of incandescent ones will require less energy.

If you want to know if your apartment is approved or not then you can ask your builder to provide you with the approval details from the civic bodies, municipal authorities, development authorities, banks, etc.