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Residential Property in Jaipur: Perfect for NRIs

Since last few years, the real estate sector has shown a marvelous growth, not just in metro cities, but also in smaller cities like Jaipur. Investing in the real estate sector is quite in-demand owing to better appreciation rates and periodical returns on investment in India. Also, investing in residential property in Jaipur is quite reasonable as well as lucrative for NRIs. The city, Jaipur has a lot to offer to NRIs as they can conveniently find a wide variety of properties, including villas, penthouse and flats at Jaipur.

flats in jaipurAlong with excellent infrastructure and tremendous development, the city also offers friendly real estate investment policies for NRIs. The provision of relaxed RBI and Foreign Exchange Management Act rules and regulations for NRIs, make invest in the city a convenient option for the NRIs. NRIs holding Indian passports don’t require any permission; where as NRIs with foreign passports only need to notify to RBI via form IPI – 7 within 90 days. In recent times, many builders have come up with different real estate projects that include luxury apartment in Jaipur Highway, which makes investing in the city perfect for non-resident Indians.

In addition to the above factors, there are few other reasons that act as a brilliant booster for investing in the city. Today, builders are bringing-in theme based housing in Jaipur. Flats are built on a totally new and innovative pattern, keeping in mind the needs of the investors. Furthermore, this is a perfect city for NRIs who are planning for a long-term investment in India.

Development can be seen clearly as Jaipur showcases one of the most advanced infrastructures, that includes various highways, upcoming metro rails and much more. These factors in due course of time will certainly increase the property rates. Expansion of multinational companies in the city is another factor that will help in increasing the price of the properties here.

Stated above are some of the reasons that make the city perfect for investment. Also, it is very convenient for Indian residents as well as non-resident Indians to invest here. So, if you are planning to invest in India, Jaipur has various options to invest in like flats, penthouse and floor houses in Jaipur.

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Tips to Deal with the Difficulties in Commercial and Retail Properties

When one decides to rent a property, he/she might face many situations when there is a disagreement between the landlord and the tenant. These difficult situations need to be sorted with patience, so that there is harmony between the landlord and the tenant. By paying attention to some minute details, you can prevent the conflict from happening.

commercial_&_retail_property

Let us have a look at some common reasons for disagreement between the two.

  • There is a difference of opinion between the tenant and the landlord regarding the terms of rent and lease
  • The terms of a new lease stated by the landlord are not according to the wishes of the tenant
  • If the tenant does not pay the rent on time
  • The retail space for rent is not maintained by the tenant as per the expectations of the landlord
  • If the tenant violates the rules of the present lease terms and is unable to take the corrective measures
  • If the present lease is not being renewed by the landlord
  • When the tenant uses more space than that has been allotted to him/her by the landlord

The real estate in Gurgaon, India is developing at an extremely rapid pace and it is the dream of every individual to either reside or work in the city. Various notable companies are establishing their base in the millennium city. (https://bparlay.com/) Also, the businessmen who are willing to kick-start their enterprises, opt for retail properties for lease in the city. People looking for office spaces can opt for the office spaces in sector 83 Gurgaon. However, only choosing an office space is not enough. One must be ready to deal with the difficulties in commercial and retail properties. Here are some tips that can help you come out of those difficult times.

  • Understand what the landlord wants from you: A tenant must understand what the landlord expects from him/her. Either make a note of the instructions stated by the landlord or ask your landlord to give a written copy or e-mail his/her instructions. This will give you a clear idea of what you should do and what not, hence, there will be less chances of disagreement between you and your landlord.
  • Keep a copy of the lease: The clauses of the lease must be well-understood by the tenant. You might not remember all the clauses of the lease that you would have discussed with your landlord, thus it is a wise decision to keep a copy of all the clauses of the lease.
  • Meet face to face: In case of any disagreement between the tenant and the landlord, it is best to discuss the matter face to face instead of discussing it over the phone. Talking over the phone might create more confusion.

When things are not falling in place between a tenant and a landlord, the best thing to do is act in a wise manner and mutually come to a conclusion.

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Things to Keep in Mind While Taking a Commercial Property on Rent

If you are looking for a commercial property on rent, you should have a planned approach so that you are prepared to handle different situations or difficulties that may arise on the way. There are a number of real estate companies working on behalf of property owners, who are ready to offer some very problematic commercial properties for rent.

commercial retail space
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Commercial Office Spaces in Gurgaon: A Preferred Destination for Corporates and MNC’s

Gurgaon has become the commercial hub of the country with various industry giants aiming to occupy a commercial space in the city, by building world-class offices with state-of-the-art amenities. The past decade has seen a steep rise in commercial real estate sector of Gurgaon and the reason for it is its proximity to the international airport and Delhi, the Capital of India. This puts the city at an advantage and makes it an attractive investment option for big and small companies.

Gurgaon office space
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Investing in a Luxury Apartment in Gurgaon Can Help You Yield Better Returns

Life is sorted and relaxed when you have a place to unwind and rejuvenate after a long and exhausting day. And if that place is located in the middle of sheer luxury and comfort, it just doubles the fun. Gurgaon, being one of the most-in-demand cities, has such amazing looking and comfortable places for the residents. From luxury apartments for sale in Gurgaon to ready to move flats in Gurgaon, you have it all. These housing options not only fulfil your living requirements, but also reflect your status by stating impressive lifestyle statement. Apart from aesthetic appeal and sheer opulence, there are many other advantages of investing in a luxury apartment in Gurgaon.

home in gurgaon

Tax Savings: One of the major factors is a tax saving. Yes! You can easily save a good amount by money by investing in luxury houses. As per the Income Tax Act 1961, an owner of such places is eligible to get a deduction on interest payable on home loan up to the limit of 1, 50,000. However, if you show that the property is for investment and not for personal use, no limit to a deduction will be received on principal repayment and interest.

Easy To Get Home Loans: Home loans can be easily acquired for luxury flats. Banks offer up to Rs. 2 crores to senior executives with quick approval and striking interest. Also, if you have a stable income source, you are just a correct prospect for banks. And due to the massive amount of choices available, you can even bargain them for a minimum rate of interest.

Better Returns: Don’t forget that luxury apartments or villas in Gurgaon for sale are generally located in a centralized location with huge markets and other facilities around. This makes them a good prospect for better returns. Moreover, these luxury apartments have all the amenities inside as well as outside the house, which include modern facilities and parking space along with a play area for kids and a garden. All these facilities in and around the home promises a better return on investment.

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Gurgaon or Delhi: Which Is a Better Option for Investment?

Gurgaon has today become undoubtedly India’s most expensive suburb with high-rises malls, multiplexes, apartments, luxury villas, MNCs, and could be on the same road as equivalent to Delhi.

Gurgaon or Delhi

If focus is on location, Delhi is still the best bet, if you get any property within the centre of the city. However, in Delhi do not have too many high rises and most posh areas like South Extension, Greater Kailash, Vasant Kunj are already overcrowded with residential houses that there are no scope of new apartment buildings in these areas. On the other hand, in Gurgaon, you come across a wide variety of options to choose from. There are the small sized 2 BHK flats in Gurgaon to the large sized residential apartments, developed by well-known property developers. So, buying properties in the millennium city has the added advantage of choosing from a wide range of residential flats in Gurgaon, which is not the case in Delhi. Continue reading “Gurgaon or Delhi: Which Is a Better Option for Investment?”

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Reasons to Purchase an Independent Villa in Gurgaon

While purchasing a residential property, you should opt to stay in an area that is showing immense signs of development. Not only does locational advantage count, but it is also one of the most important aspects of selecting a residential property. This is because it is not only your satisfaction, but also a satisfactory living for your next generation that you would want to witness. If you are planning to purchase a luxury home in a metropolitan city, taking into account the aforesaid features, the city of Gurgaon will serve your purpose well. When we talk about Gurgaon, it has more than just the locational advantage. The city comes with a plethora of residential features that are not available anywhere else. The varied real estate options in Gurgaon include independent villas and luxury homes. These villas, built by world class developers, are spacious and beautiful homes with plush amenities.

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The Present Scenario of Residential Properties in Gurgaon

rovision of 24 hour power backup and water supply in all the apartments, flats and villas.Gurgaon is one destination that has attracted millions of property buyers and sellers from all over India. The rapid development of the city is one of the major reasons for the rising demand of residential properties. Everyday new companies and businesses are being set up in Gurgaon and more and more people are coming forth to work in these companies. People who come from different cities require a comfortable and safe place to live in. On looking at the growing demand for residential spaces in the city, various builders are coming up with new housing projects in Gurgaon.

Residentail properties in Gurgaon Continue reading “The Present Scenario of Residential Properties in Gurgaon”

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Know All about Affordable Homes in Gurgaon

India is one of the fastest developing countries and one can observe a rapid growth in the economy. Also, along with the country’s development, there has also been a development in the living standards of the people residing in the country. Since the population of the country is rapidly increasing, there has been accommodation problems but, to get rid of this problem, various builders are coming up with new residential projects in Gurgaon. These housing options are affordable, thus solve the purpose of the common man and also, do not become too heavy on the pockets. If you too are thinking of investing in a property in Gurgaon, here is everything that you always to know.

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What to Keep in Mind While Choosing a Luxury Home in Gurgaon

Living life king size is the dream of every individual and to fulfill this dream, there can be nothing better than living in a luxury home. Gurgaon has developed at a rapid speed and various builders are coming up with elite projects in the city. The already existing and new launched projects in Gurgaon are giving every individual a chance to live a luxurious life.

luxury-living-in-gurgaon

Why to buy a home in Gurgaon?

  • Continuous infrastructural development
  • Assured high returns on the investment
  • Huge number of upcoming housing projects
  • Composed and serene surroundings
  • Major IT hub
  • World-class education opportunities in proximity

What to keep in mind before choosing a house in Gurgaon

  • Be well-informed: Not many people are well-informed about all the luxury projects in Gurgaon. However, before choosing a luxury home, it is extremely important to have a clear idea about the various options available around you. Also, since not many options are available, it is recommended to book the apartment, flat, villa or house well in advance. For example, if you are willing to book a 3 BHK flat in Gurgaon, look at all the options available and only then make the final decision.
  • Think about resale options: When buying a home, you must always keep in mind the option of resale. Determine the value of the property before you buy it, so that if in future, you plan to resell it, you get a handsome amount of money.
  • Focus on the surroundings: Paying attention to your surroundings is extremely important. Firstly, the property must be situated in a secure location and secondly, it must be in proximity to schools, malls, cinemas, shopping centers etc.
  • Have a look at the builder’s previous projects: If you are investing in a property for the first time, make sure you move cautiously. Since various real estate builders in Gurgaon are coming up with numerous elite housing projects, it is important to check the quality of their work. This can be done by having a look at the builder’s previous projects.
  • Hire a real estate agent: Investing in the real estate is a profitable, yet risky decision. Hiring a real estate agent is one of the wisest decisions as these agents have a clear idea about the latest real estate market trends.