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FDI drives realty

Pune The year 2017 has been rather significant for the real estate sector of India due to the implementation of various reforms, which includes RERA, GST and Benami Transactions Act. Hence, 2018 is now been perceived by experts as a year wherein major transactions and activity are bound to take place. As...

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Comfortable corners

Pune Who says compact homes ought to be functional and not creative? Here are some quirky ideas to enliven your studio apartment. Use advanced technology, multi-functional and expandable furniture and maintenance-free finishing materials to design your home; In compact housing, emphasis is on making the home feel spacious. 'Less is more' is the...

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Getting it REIT

Pune Our realty experts weigh the pros and cons of REITs and discuss ways through which they could further impact the realty market. The timing couldn’t be more perfect as the country awaits its first REIT listing to go live. Read on… Real Estate Investment Trust (REIT) has been a long pending...

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Second time lucky

Pune Buying a second home will be a profitable proposition, but you must have all information. Buying a second home will definitely give you an edge so far as your disposable income goes. Investment in a second home will give you some financial stability and will also heighten your status symbol. However,...

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The realty push

Pune Small and measured steps can help one create a home that is not only energy efficient, but a better place for all to live in. Home is the sanctuary where people relax after the noisy and cluttered lives outside. Everyone wants it to be the place where life thrives and families...

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Ladies first

Pune Women employees, especially those pursuing their first job, have a key reason to rejoice. With the promise of a higher take-home pay packet, lower interest rates on home loans for women, reduced stamp duty, and a slew of affordable housing options on offer, there's more power to the young woman...

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Nothing comes for free? Some things DO!

Pune Did you know you could get a few things for free on purchasing your dream home? Here's how… Buying a home is an expensive affair. You not only have to spend on the home, but also documentation, taxes, maintenance, parking, etc. However, there are a few things that you may not have...

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Let your nest get the best of ultra violet

Pune Infuse confidence and originality into space by styling it correctly with the most trending hue of the year, i.e. ultra violet. We are a month old in 2018. Like any other industry, the home decor is also talking about the trends. Among the vibrant colour palettes which are being suggested by...

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Are you buying smart?

Pune Are you a smart buyer? Investing in a property is a risk worth taking. Just keep these things in mind before closing the deal and you will buy smart. Buying a home is a calculated risk. Are you game for it? Keeping a few tips in mind will help you buy...

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GST advantage: Home buyers must now get lower rates

Pune Many home buyers are still not getting the benefits of input credit to developers, despite rationalised GST rates for the real estate sector. GST rates have been brought down to 8% for affordable housing, which, considering the input credit to developers, should effectively become net zero for the consumer. What does this mean? When a...

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Out of office, in the house

Pune Looking to get a serious workspace at home but don't have enough room for it? Here's how you can create a professional work zone within a limited space. Owning a home-office is not limited to people who live in big homes. By putting on your creative hat and managing the space...

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Location holds high value

Pune Physical, social and economic infrastructure of the location is a key determining factor during the home-buying process. The price of properties on the border of any city in India could be a case study in urban housing economics. A 2-BHK property in the city would cost no less than double the...

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Decoded Budget 2018 for home buyers

With a focus on affordable housing, infrastructure, connectivity, MSME, rural development and smart cities, the Union Budget 2018 has met some expectations and some are still in the pipeline believe the National Real Estate Development Council (NAREDCO). The government has taken several key initiatives in the budget such as new...

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Act not applicable to lease transactions: MahaRERA

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that the provisions of the Real Estate (Regulation and Development) Act (RERA) are not applicable to lease transactions, dismissing a complaint by a home 'buyer' who purchased a 1BHK apartment in Lavasa Corporation's Brookview project at Lavasa City in Dasave in Pune. Jitendra Tulsiani had filed the...

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Where can NRI buy properties in India

Buyers, especially NRIs, are often in a dilemma when they choose properties. They know their budget but have little idea about the supply in various cities of the country. Sometimes homebuyers end up buying properties that they were not searching for in the first place.  Thus, it is important to know...

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5 facts about a will you must know

Pune Untimely deaths in a large number of households are often overshadowed by family members squabbling over inheritance. Thus, it is advised to make a valid will in one's lifetime so as to reduce any scope of family feud over property of the deceased. We have compiled here a list of...

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RERA or consumer forum, where does one get relief?

Pune A settled and well-oiled dispute settlement mechanism is the crux for restoring buyer and investor's confidence in the real estate market. Till about mid last year, people had to mostly bank on consumer forums at the district, state or national level to get relief in cases of cheating. Since the consumer...

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Realty registrations down but revenues soar

Pune While the overall property registration figures across the district and region have fallen in 2017 when compared to 2016, tax collections have soared. A reading of the 2017 date shows that property registrations in Pune district dropped by 3.41%, though the collection in stamp duty and registration fees went up by 6.60%....

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8% GST on houses

The Goods and Services Tax (GST) council in its meeting held on 18th January has recommended concession in the rates GST for homes purchased under the Credit Linked Subsidy Scheme (CLSS). For under-construction homes that form a part of CLSS will now be charged GST at 8 percent instead of 12 percent, a...

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The role of a treasurer

Pune It is imperative that a treasurer performs the following duties for the effective functioning of the CHS. A managing committee is elected democratically through the election offi cer appointed by the State Co operative Election Authority (SCEA). The chosen managing committee elects the office bearers like the chairman, secretary and treasurer in...

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Trend alerts for interior

Pune Current interior design trends 2018 speak of choices which are people, pocket, mood and environment-friendly. With the arrival of the new year, the time is in to discard the old and welcome the new.  This rule applies to your home's interior design as well. So gear up to update yourself on what’s...

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Your guide to a home loan transfer

Are you planning to transfer your home loan from one bank to another? If yes, we guide you through the process. Read on… Lately, we have noticed that a significantly higher number of people are transferring their home loan from one bank to another. But what could be the reason behind...

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Budget 2018: What homebuyers expect?

The year 2018 is full of expectations from the upcoming budget as homebuyers are looking forward to buying homes and developers are keen to sell.  Tax benefits are likely to help many people buy their first homes, fulfilling the government's objective of 'Housing for All'.  Many are hoping that reduction in taxes and incentives...

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Green is the new black

Pune It becomes imperative to gauge our role in promoting sustainable living for the betterment of not only ourselves, but also for future generations, believe our experts. Sustainable living or green living has become the norm in the construction industry today. Particularly, women architects are spearheading the green movement in the industry...

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Sample Flat V/S Actual Flat

Pune Sample flats (or popularly referred to as 'show flats') give one the much-needed clarity, thus facilitating the home-buying process. However, should you believe everything you see? Our experts address your dilemma. Picture this: You have stepped out for shopping and you come across a store, which has a stunning dress as their...

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Freshen up your interior

Pune The New Year is the perfect time for new beginnings. Want a brand new look for your home in 2018? Get going with these decor tips… A brand New Year is here, and although, it falls in between the dark, gloomy winter days, but that should not stop you from making...

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Baby proofing your home?

Pune While it is an obvious rule to not leave your baby alone, parents are often paranoid about their child's safety, even at home. Here is a lowdown on what you must keep in mind while baby-proofing your house. Electricity alert: While designing our houses, we always choose to install electrical sockets at...