Why are rich Indians buying properties before the close of the financial year?
Real estate experts say that the ticket size of property deals this year varies from as low as ₹10 crore to more than ₹100 crore
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Real estate experts say that the ticket size of property deals this year varies from as low as ₹10 crore to more than ₹100 crore
From zero stamp duty to letting buyers bid for apartments, attractive and competitive offers are hoping to catch buyers early on, before the rush of offers during the festive season swamp consumers.
Real estate experts say that the margins, high sales and redevelopment opportunities in Mumbai make India’s financial capital an attractive market for realtors.
As e-commerce giant starts ESOP payout worth around Rs 5,600 crore, real estate experts in Bengaluru expect investments of around Rs 2,800 crore. For the 19,000 employees, it makes sense to buy a larger house rather than pay tax on the amount received from the company, they say.
The Land of Beaches offers a high rental value of between 4% and 15%, due to luxury, sea-facing properties. But buyers must be aware of the regulations and procedures related to land acquisition, property ownership, permits, and licensing.