sharath, Chennai
Q: Hi, Right now I am working in IT consulting company and I am planning to invest in residential project, I have chosen one project of VGN developers, please anyone suggest whether this is a good option for investment?
Latest Answer: what about bank approval and market trends of Avadi in current market?

Q: What is mutation and why it is necessary document for buying properties?
Latest Answer: Hi gurav, good that you really want to know about mutation of land. see process of mutaion of land differ in state to state but in my point of view mainly following document is required for this purpose: 1. Copy of Sale Deed 2. Application for mutation with court fee stamp affixed on it 3. Indemnity bond on stamp paper of requisite value 4. Affidavit on stamp paper of requisite value 5. Receipt of up-to-date property tax payment

Q: Is "Sea-View", one of the factors which will consider while purchasing properties?

Latest Answer: It is good step to take joint home loan if both the partners are working. 1. Both of them to make use of the tax deductions allowed under Sec 80C and 24 of the Income Tax Act. 2. co-applicants on a joint home loan can claim tax deductions for interest paid on a home loan (up to Rs 2 lakh each) and for repayment of the principal (up to Rs 1.5 lakh each). 3. Tax benefits are available only when the construction of the house has already been completed. 4. Tax deductions are dependent on the share of ownership. For example, if a couple buys a house with the proportion of ownership being 60:40, then the tax deductions allowed to them will also be in the same ratio.

Q: what is the current update in news launch of residential project in 2015?

Latest Answer: As per latest report , Due to IT industry, developed infrastructure and connectivity, South Chennai recorded the maximum residential launches in the city during the first six months of the year. Grand Southern Trunk (GST) Road and Old Mahabalipuram Road (OMR) saw the most new projects coming up.

Q: Will Navalur @ OMR offers highest appreciation in terms of rental returns in Chennai market?

Latest Answer: It is developing rapidly as far as framework and is popular between IT specialists utilized in the adjoining IT Park set in Siruseri. According to the measurements, 10 new ventures are booked to happen in the region, greatest of them giving 2 and 3BHK lofts to deal in Navalur. A considerable measure of undertakings are slated to get possession by not long from now 2015 though the staying by 2016.

Q: Will the first quarter of the new monetary year 2015 be the platform for development of city realty?

Latest Answer: Regarding the offices space advertise in Chennai, supply is restricted and narrowing while the interest is high. On a normal, the interest is for around four million sq. ft. consistently. The opening level, which was around 25 every penny, is presently 16 every penny.

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