CHENNAI: If you are looking for an apartment within Rs 25 lakh in Chennai, then this may not be the ideal time for house hunting. According to a report, more housing units opened up in the high-end segments than in any other category in Chennai and its suburbs, and no new affordable housing project was …
High-end apartment launches grow 5 times in Chennai this year, mid-level units see drop Read More »
NEW DELHI: Retirement fund body EPFO may soon introduce a scheme to allow its over 4 crore subscribers to pledge their provident fund to buy low-cost houses and use the account to pay equated monthly installments. “We are working on a housing scheme for members of the Employees’ Provident Fund Organisation (EPFO). Under it, members …
Pledging PF to buy home may soon become a reality Read More »
Bengaluru: Ravishankar (name changed) and his wife were on top of the world when they recently started living in their newly purchased apartment. A 2-BHK house for Rs. 45 lakh sounded like a good deal, for which they obtained a bank loan too, all facilitated by the builder. But their happiness was shortlived. “We were …
Buyers grab flats for low rates but sans occupancy certificate Read More »
NEW DELHI: Prices of under-construction apartments may rise by up to 5-10% when the Goods and Services Tax (GST) is rolled out. But, prices of completed apartments will not be affected as GST will not be applicable there. If you have already bought a flat but the entire payment has not been made, you will …
GST: Under-construction flats to cost more by 5-10% Read More »
A legal agreement of sale prevents buyer and seller from going back on their word Buying and selling in the secondary market can be tricky. The owner always fears the buyer might be evaluating other properties and could change the decision at a crucial juncture. The buyer is always worried the seller might get a …
