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Investing in residential properties brings a lot of tax benefits to investors. If you are not aware of the tax benefits that await you, this blog is just what you need to read. So without further ado, let us break down and understand the tax benefits of investing in properties.  Section 80C Under this section, the amount you pay for repaying your home loan’s principal amount is allowed to be claimed for a tax deduction. You could claim deductions for the investments you have made for earning an income. Currently, the maximum deduction you could avail of is Rs.1,50,000. The tax benefit would be granted only post the completion of the construction of the property in Navi Mumbai or anywhere else and after receipt of the completion certificate. This section also allows deduction of the interest paid on account of the home loan if the loan is taken for renovating or extending a house. Again, the benefit would be granted after the construction is completed. Section 24B

Investing in commercial real estate property has for long been considered a highly profitable option. Not only do you earn a high rental income from investing in a commercial space but the value appreciation is also usually pretty high. However, the above statement does not hold true for all commercial properties. Not all commercial property investments are profitable and even fewer commercial properties give you an above par ROI. So how exactly do you spot a 'profitable commercial property'? Well, just look out for the following telltale signs of a profitable commercial property ! The quality of the property and the building itself The first and most important thing is the quality of the asset you are investing in. If the property itself is beautiful, well designed and constructed with high-quality materials, then half the job is done. Aesthetics play a key role for tenants when they decide which property to rent. The interiors of your property and the exterior of t

Buying a house of your own is a dream for every Indian. While some manage to realise this dream sooner rather than later, some of us have to wait for long to transform this dream into reality. The reasons for this could be manifold - high property prices, lack of quality residential projects in our preferred location, etc. These problems are faced by property buyers almost everywhere in India. However, if there's one city where all these problems cease to exist, then it is Navi Mumbai. If you are looking to buy your dream house, then Navi Mumbai is the place for you! But why? Well, read on to find out why you should buy a property in Navi Mumbai . Quality of life The standard of living in Navi Mumbai is extremely high. The city ranks high on various parameters that determine how good or bad a city is for habitation. Navi Mumbai is one of India's cleanest cities and is constantly ranked among the top 10 cities in the country on various cleanliness parameters.  T

Investing in a commercial office space is a highly lucrative option for many real estate investors. And if there is an opportunity to invest in a commercial property in a market like Navi Mumbai, which is almost synonymous with safety and high ROI, then this opportunity becomes even more lucrative. However, many investors, especially the first timers, often tend to jump the gun when such an opportunity arises. They often overlook some crucial things that need to be done before you buy commercial property . And this often comes back to haunt them. So if you want to avoid that from happening to you, it is imperative that you do the following things before you invest in an office space in Navi Mumbai : 1. Research First things first, before you make up your mind about investing in a property, it is extremely important for you to do some research about it. There are many things that you would need to garner information about. You would need to find out about the locality. You would n

For many individuals, Mumbai is a city of fantasies to live in. but when they arrive here in Mumbai, they find out that the city’s living spaces aren’t as grand and magnificent as they thought they were. Besides, properties in Mumbai are amongst the costliest on the planet. It is a headache to search for a spacious, affordable place to live here. And this is where Navi Mumbai comes into the picture. Buying a property in Navi Mumbai is affordable and sensible. Flats in Kharghar , Ulwe, Panvel, and other nodes of Navi Mumbai are beautiful and spacious. Property buyers have hence turned their attention here. However, finding the ideal property for you and your family includes a ton of leg work. But with the help of our tips, it may just become a lot easier. 1. Set a budget Your spending limit is the main factor that will define your house hunting activities. Everything relies upon the amount you can spend on purchasing a 1 RK, 2 BHK, or a 1 BHK in Navi Mumbai . Properties in Navi M

Any financial decision you take needs to be reinforced with considerations of every pro and con of that decision. And things are no different when you are purchasing a commercial property in Navi Mumbai . In fact, you should actually put in more thought behind this decision as the investment amount would be heftier than in other investments. So, it is vital that you check all the relevant documents pertaining to the property before you take the plunge and make an investment. But what exactly does one mean by the term ‘relevant documents’? What are these relevant documents? Well, we know that these questions may spring to your mind upon reading the previous statement and we have hence prepared a list of these documents that you must absolutely check and verify before you buy offices in Navi Mumbai . After you have zeroed in on a property in Navi Mumbai , you must verify the paperwork that all builders in Navi Mumbai or anywhere in India are supposed to complete and provide you

A decade earlier, Navi Mumbai was merely known as an extension of the city of Mumbai. In recent years, the city has witnessed exponential growth and has emerged as the most rapidly growing city in India. A plethora of businesses and large conglomerates have shifted base to Navi Mumbai as the city is cleaner, greener, prettier, and most importantly, it is far less expensive to purchase commercial property in Navi Mumbai as compared to Mumbai. This has acted as a catalyst for real estate boom in Navi Mumbai. Property buyers and real estate investors are thronging this city! Builders in Navi Mumbai, too, have started taking on multiple projects in multiple locations in the city simultaneously. However, after all this being said, just like it is the case with every developing city, some areas are more suitable for purchasing property in Navi Mumbai than the others. And these locations may, or rather would change over the years. As things stand in 2019, the following 4 areas are best for