Q:
Q1: I bought a house in Bangalore at 40lacs, 5 years back, now I want to sell it. I am getting 60 Lacs for the house. To save the Capital gain tax, do I need to invest the complete amount for purchasing the new property/house or If I invest only profit amount that will save me tax (i.e, 20Lacs of profit from sold house and rest I will take loan from bank)
Q2: Further to above query, I took loan from bank for 30Lacs for the same house. Now for calculating gain the interest amount paid to bank will be subtracted form the profit earned by selling the house?
Sasha,
Apartment Resident
21st August 2012
My replies to this discussion
One way to get an exemption on LTCG received from sale of a house property is to purchase a new residential house within a period of one year prior to or two years after transfer of the original house.
One way to get an exemption on LTCG received from sale of a house property is to purchase a new residential house within a period of one year prior to or two years after transfer of the original house.
If you don't plan to construct your own property, you can even book a residential under-construction house to avail the exemption.If you don't plan to construct your own property, you can even book a residential under-construction house to avail the exemption.
Q:
Has anyone bought flat in Arya Hamsa? This is located in JP Nagar 8th Phase and this builder has completed 2 projects named Arya Lotus and Arya Severia in Whitefield area.
Any information on reputation, value for money aspects, quality, sticking to the approved plan, providing all the amenities promised will be helpful.
Goudh,
Apartment Resident
21st August 2012
My replies to this discussion
Arya Hamsa is one of the ongoing projects of Arya Realtors Bangalore. Arya Lotus and Arya Severia have got good responses from its buyers. The builder is trustworthy.Arya Hamsa is one of the ongoing projects of Arya Realtors Bangalore. Arya Lotus and Arya Severia have got good responses from its buyers. The builder is trustworthy.
Q:
Please inform if anyone has booked in this.
My replies to this discussion
The project is said to be approved by BDA and BBMP. And all the leading banks are providing loan for this project.The project is said to be approved by BDA and BBMP. And all the leading banks are providing loan for this project.
Q:
Is there a owners forum for Tranquil arc?
My replies to this discussion
Hello, if you are the owner or resident of Tranquil Arc then you can join the owners group and discuss with other owners/residents of the project in the group. To join click
Join Owners Group.Hello, if you are the owner or resident of Tranquil Arc then you can join the owners group and discuss with other owners/residents of the project in the group. To join click Join Owners Group.
Q:
Has anybody received demand note from HDIL recently?
My replies to this discussion
Which project are you talking about?Which project are you talking about?
Q:
looking for a rented flat at Rs 15,000 rent. (Ms. Krishna)
My replies to this discussion
Hi Krishna, are you looking to rent a flat in Amar Jyothi Apartments? Would you be interested in any other projects too?Hi Krishna, are you looking to rent a flat in Amar Jyothi Apartments? Would you be interested in any other projects too?
Q:
People, lets make a owners group for all the buyers of Confident Aquila.
My replies to this discussion
Hi all, if you are the owner or resident of Confident Aquila, you can join the owners group and discuss with other owners/residents of the project in the group. To join click
Join Owners Group.Hi all, if you are the owner or resident of Confident Aquila, you can join the owners group and discuss with other owners/residents of the project in the group. To join click Join Owners Group.
Q:
Hi members,We have shifted to orange county and looking for a covered parking. If someone have a spare parking and would like to lend it till the time it is not in use please help us out. It urgent Thanks and regards,Ajay
My replies to this discussion
Hi Ajay, You can talk with the management or the association of the project, they can give you the information if any spare car parking is there.Hi Ajay, You can talk with the management or the association of the project, they can give you the information if any spare car parking is there.
Q:
I am interested in buying flat in Arihant Hierloom 3BHK. Please revert back.
My replies to this discussion
Arihant Heirloom is one of the residential projects of Arihant Foundations and Housing Limited. It is located in Old Mahabalipuram Road neighborhood of Chennai. The project includes spacious 19 Blocks and over 256 Houses.Arihant Heirloom is one of the residential projects of Arihant Foundations and Housing Limited. It is located in Old Mahabalipuram Road neighborhood of Chennai. The project includes spacious 19 Blocks and over 256 Houses.
Q:
Looking for 2nd Sale Flat in Aspire Towers in Amanora
My replies to this discussion
Aspire Towers is Pune’s First High-rise, Glass Towers Made up of elegant 18 to 22 storey towers, Amanora Towers offer a choice of 674 apartments of 2, 2.5, 3, 3.5 and 4 bedroom luxury. Aspire Towers is Pune’s First High-rise, Glass Towers Made up of elegant 18 to 22 storey towers, Amanora Towers offer a choice of 674 apartments of 2, 2.5, 3, 3.5 and 4 bedroom luxury.
Q:
I want to sell my two plots of 60x40 at Sri Chakra town-II. what is the current market rate?
My replies to this discussion
Q:
At the time of renovation, my house document has misplaced, so I need to know how rtc work?
My replies to this discussion
Hi Arjun, You can go to your nearest revenue office and ask them to provide you with the documents. Revenue department will be having all the documents.Hi Arjun, You can go to your nearest revenue office and ask them to provide you with the documents. Revenue department will be having all the documents.
Q:
Can any one of you tell me what would the Sq.ft price at Abhinaya phase II. I have an offer for a 3 BHK 1781 Sq for 80 lakhs. Is it worth?
My replies to this discussion
Mayuran, I am also interested in this project. Are there any more 3bhk flats available? Mayuran, I am also interested in this project. Are there any more 3bhk flats available?
Q:
As there is heavy rain fall in Mumbai will BMC go ahead with cloud seeding project?
My replies to this discussion
When BMC is suppose to start the project?When BMC is suppose to start the project?
Q:
I would like to hear from owners and those planning to buy apartments here on what they think about the overall experience of interacting with the builder and what they believe is the future of this project in terms of value and rental etc.
My replies to this discussion
Provident Wellworth City is a project by Provident Housing Limited.. It is located in between Doddaballapur railway station and industrial area. Provident Wellworth City is a project by Provident Housing Limited.. It is located in between Doddaballapur railway station and industrial area.
Q:
I am interested in this project, please revert back.
My replies to this discussion
Hello Rajesh, there is a 3bhk available for sale in Garden Apartments.. It is located in 1st floor, price is 36 lakhs. To see more details, click
flat for sale. Hello Rajesh, there is a 3bhk available for sale in Garden Apartments.. It is located in 1st floor, price is 36 lakhs. To see more details, click flat for sale.
My replies to this discussion
Hi Ranjith, to find a flat to buy in this project you can post your requirement at
http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.Hi Ranjith, to find a flat to buy in this project you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
Q:
Is there any litigation on the Royal Placid layout or any sites jointly or individually? Please give the list of the sites if Yes. We already know that sometime back there was a court case on the layout land. Is there any fresh court case or a pending one as on date?
REGARDS
My replies to this discussion
Hi Sushil, as far as I know, there are no issues as such with Royal Placid. Hi Sushil, as far as I know, there are no issues as such with Royal Placid.
Q:
How they treat their customers? How about their pricing? Any suggestions...
My replies to this discussion
I hearx that Ruby Builders have launched a new project Ruby Avenue in Arul Nagar Irumbuliyur near East Tamabram. I am planning to visit the site this weekend.I hearx that Ruby Builders have launched a new project Ruby Avenue in Arul Nagar Irumbuliyur near East Tamabram. I am planning to visit the site this weekend.
