Real Estate Forum on Properties In Bangalore

Latest Answer: People usually buy a property for investment with two key reasons: either to rent it out or to sell it later at a higher price. There are pros and cons to furnish an investment property. Advantages: 1) Tenant and future buyers don’t need to buy their furniture as the furniture and fittings are already available in the property. 2) Tenants look for a furnished property than an unfurnished property. As such, a furnished property may be let out faster. 3) You can deduce a percentage of the cost of furnishings from the tax liability. You may also be able to get some depreciation allowances on the furnishings. Disadvantages: 1) The rental yield in India for a residential property is, at best, 3-4 per cent. Hence, the cost of furnishings is extremely difficult to recover even with higher rents. 2) A semi-furnished house, on the other hand, with just the basic amenities such as cupboards and kitchen cabinets would be easy on the pockets and useful for tenants

Latest Answer: The link contains all the information about Purvankara, their projects, reputation etc. What else you want to know?

Latest Answer: Hey Navneet.. Thanks yaar for providing all the information about the project. What all amenities the builder promise to provide in this project and when can I expect possession of the project?

Latest Answer: When was the project launched, its possession date and what are the amenities?

Latest Answer: Registration of property is mandatory as it prevents fruad and future litigation matters. You can register your property any time before the possession.

Latest Answer: As per the new provision of the income tax act of 1961, 1% tds is deducted for property over 50 lakhs. Any prospective buyer buying a property is responsible for paying the 1% tds shall at the time of credit of such sum to the account of the transferor or at the time of payment of such sum in cash or by cheque or draft. Obtaining a PAN is mandatory for availing TDS.

Latest Answer: Guys any views on this project.... How much can I expect appreciation if I am buying a property in this project n locality?

Latest Answer: Thanks James for the quick reply. Can you also tell me what is the rate per sqft going on and which are the banks providing home loan for this project and what is the completion date of the project?

Latest Answer: Thanisandra Main Road is one of the upcoming localities in Bangalore. There are various reasons why this locality is bound to flourish, one of it is - it will be developed to be the alternate route to Bengaluru International Airport. Hence good price hikes in the coming year or so, and proximity to everything in and around the area. To get more insight and detail regarding the same, contact me. Sharan Shroff (real estate agent@indiabulls) - 8105776694 sharan.shroff@indiabulls.com Assured good deals !

Latest Answer: Too many companies in these residential area has created lot of traffic and people in these area for which home buyers looking for property in these area has to buy a property in the suburbans of Bangalore.