Property Investment Archives - Page 26 of 36

Why investing in Green Home is Profitable?

January 30, 2017

The concept of Green Homes have been around for a while, but it has been only a few year since it received massive favouritism in the market. For those of you who are not aware what a green home is? They are environment-friendly and sustainable buildings that not only incorporates eco-friendly construction practices but living in them also brings along many tangible and intangible benefits.

Trimurty’s Ariana is Jaipur’s first pre-certified Platinum rated Green Home. The vicinity showcases 74% open and green space ensuring proximity to nature and health benefits associated with it. The project is moving at a great speed towards completion and has opened its for prospective owners.

Is investing in a green home profitable?

The big question that erupts in the mind of many investors or home buyers is will opting for a green home bring them any good in the future. Well, yes it is a valuable option over the conventional homes, and below you’ll get a valid explanation.

1. MONETARY BENEFITS

Green homes are durable and sustainable and thus save the cost of regular maintenance and replacement. Planned in a way to invite maximum natural light, occupants can save 20 to 30% on electricity. Also, water usage in such building is reduced by 30- 50%. With its ability to offer a relaxed and calm environment, they give the youth a fresh aura to groom and nurture.Green building also fethch higher resale and rental values as they are preferred by MNC’s and corporates.

2. ENVIRONMENTAL BENEFITS

The construction material that goes in the building green homes is eco-friendly and emits lesser polluting particles. The reliance of such projects on natural resources and fossil fuels is limited. Trimurty has two IGBC certified Green projects both ensuring healthy living and environmental benefits.

3. HEALTH BENEFITS

Green home offers great indoor and outdoor health benefits. They don’t trap heat inside and thus create cooling effect inside. The ventilation of clean and pure air ensure that occupants lungs have access to best quality air.

Emerging Trends in Living Room Décor

January 12, 2017

Living room is one area of the house where each and every family member spent if not much but at least a small portion of his/her day. It’s a room where we come together to hold celebrations and plan upcoming family events. In a way the living room captures the entire essence of the home. Also, being the most visited spot of the house its decoration and styling becomes necessary.

So, here we are with five emerging decor trends for Living Room. Now, these trends are already well received in the international market and are slowly seen making their way into the Indian Market.

1. Sliding Barn Doors

Sliding doors with rugged barn feel to them are the new-style statements and for the past few years that have captured the interest of many designers and customers. These doors save tons of floor space; all you need is enough wall space to accommodate one. Suiting your taste and overall room look & feel you can opt for wood, modern, glass, and vintage barn doors.

2. Sectionals

Sectionals are great, especially if you have a large family or are frequently visited by guests. But that doesn’t make them unfit for nuclear families or bachelor homes, as their dimensions are apt for relaxing and chilling with your family. Before opting for one, you should be able to fulfill its checklist that requires an appropriate corner and extra cash to spare (as they are expensive over regular sofas).

3. Shiplap

For the ones who love that old vintage charm and want to give their home a sense of history, shiplap wood paneling is the best option. The best part is in addition to looking great is it’s inexpensive too.

4. Layering Rugs

This trend would be liked by many Indian homemakers, who have been long holding to ill-fitting rugs. All you need is a sisal or jute base rug and layered it with a patterned or colorful rug. There are no restrictions or boundaries to this trend, so bring out the stylist in you and layer the floor. Also, it will bring more definition to rooms that are big and lack a sense of identity.

Must Read: 5 Common Rug Mistakes

5. Gallery Wall

Out of all the trends, this one is going strong for a very long time and seems to hold on to its prime charm. The best thing about a gallery wall is that it allows you to use your art pieces, photo frames all at once and it grows with time as you add on more pieces.

Important Guidelines for NRI Property Investment

January 9, 2017January 9, 2017

All matters related to property investment are tricky and require utmost attention. The reason for calling them tricky is subjected to the fact that most of us are ill-informed about in-depth laws about such investments. We have already answered some frequently asked questions on the matter, and now it is time to give some relevant guidelines on the subject –

1. Documents Required

For making any property investment, NRI’s need PAN card. In the case of PIO and OCI, respective PIO and OCI card is also required. Apart from this, certain other document required are – address proof, work permit, POA (if any), etc.

2. RBI Approval

RBI has granted permission to NRI/PIO/OCI to purchase property in India. However, there is a restriction on the purchase of commercial properties including plantation/agriculture/farm house. Special permission from RBI is required in case of acquisition of such properties.

3. Restricted Citizenship

There are certain PIO that are not allowed to purchase property in India pertaining to their nationality. Such PIO requires special permission from RBI to go forth with such investments. The list includes following countries – Bhutan, Nepal, China, Pakistan, Iran, Sri Lanka, Bangladesh, and Afghanistan.

4. Number of Properties

According to RBI mandate, there is no restriction on the number of properties purchased by NRI.

5. Lease Properties

NRI/PIO/OCI can take residential or commercial properties on lease in India of a period of 5 years with any restriction.

6. Change in Status

There will be no change in the status of the property if in future one’s status changes from Indian resident to NRI. According to law, rules and regulations are applied according to the status of the owner at the time of purchase.

7. Income Tax

There is no difference in the income tax rules applied to NRI’s or Indian residents in case of capital gain and income from house property. For all the revenue earned by NRI/PIO/OCI from India, it is mandatory to file Income Tax Return.

8. Double Taxation Avoidance Agreement

India has signed DTAA treaty with various countries, under with capital gains in India against the sale of property is to be taxed in India. NRI/OCI/OCI can avail tax credit in their home country against such taxes paid in India. It is therefore required for NRI’s to check DTAA treaty rules between their countries of origin and India.

Learning Lessons from 2016 – For Guaranteed Returns from Real Estate

January 5, 2017

The year 2016 was a bit tricky for real estate investors. A lot happened in the said year that heavily impacted and will continue to influence the trading in the sector in the months to come.

Demonetization might have slowed down the market for now, but we hope that 2017 will bring better days for all. To get steady returns on your investment make sure that you make the right move.

1. Is buying a 1BHK a good investment option?

Buying a 1BHK is a sound investment option, it fetches you consistent returns on small investments, and there are also chances of enhancement in its capital value. A 1BHK property is easy to rent, therefore making it an assured return fetching option.

Trimurty’s Kohinoor Garden located at New Sanganer Road offers 1BHK airy and well-ventilated apartments. The locality is the hub of residential and business projects, thus making it a sound investment option.

2. The Fifty Lakh Bracket

The best residential investment option for good rental returns are the ones lying in the 50 lakh bracket. Commercial real estate is also a good choice, especially those with good connectivity and ready infrastructure. A good option in Jaipur is Niwaru Road situated Trimurty’s Prime Tower.

3. 2-Year Before You Start Expecting From Your Property

Property buying is long term investment; one should wait for at least two years before he/she starts expecting any gain from his possession. An exit after four years of time farm is usually looked upon as a greater return yielding option.

4. Time to make profit out of Reality Investment

Usually, high gain is possible in the case where the land was purchased way into the past at exquisite rate. As for the current scenario, prospective home buyers are availing fantastic deals, while the developers are chasing one another for better market share.

5. Measure Your Decisions, Be Safe and Secure

Before investing in any project, residential or commercial, always do a prior through research. Always go for organized developers, as the risk with them is bare minimum, and you have full surety. Also, give higher priority to bank approved projects as they are easier handle at the time of getting various approvals.

6. Pre-launch projects vs. newly launched projects

People associate pre-launch projects with risk, but if the is backed by a good and reputed developer and has chances to gain all the approvals, it is a good and profiting investment option. Trimurty’s Arabella is an upcoming luxurious residential project, despite company’s brand value, as an additional, it has an exciting pre-launch offer running.

7. Investing in Land

Investing is township projects located outside cities periphery is a good investment option. But be sure that the project is backed up with all essential facilities. If it shows a satisfactory progress report, one can expect the land value to appreciate in future.

8. Connectivity is important for safe return

Sustainable location and good connectivity are key factors that will fetch you good returns. Before investing in a property see it to that, it is well connected to the city and other amenities are also nearby.

9. Apartment vs. Plot

Both the areas of investment has it sets of pros and cons. And it all depends on one’s prime requirement. Where apartments will generate greater rental yield, plots value will appreciate more over the period over that of an apartment.

10. Panchayat approved land, a yes or a no?

Panchayat approved land are always at high risk of not having access to basic civil amenities like street light and road. Also, it’s hard to avail loan if the project is no approved by the municipal government.

NRI Property Investment – Answer to All the Queries

January 3, 2017

NRI Property Investment is one of the most misunderstood topics. The reason for which can be attributed to it being perceived as a complex segment of real estate investment. The financial pre-requites of home buyers is the case of NRI’s is different, and all the queries related to it are answered in this post.

Here will be taking into consideration not only NRI but also OCI (Overseas Citizenship of India) and PIO (People of Indian Origin) property investment queries.

So, let’s get started –

Q1. Is it mandatory for NRI’s to obtain prior permission from RBI (Reserve Bank of India) before acquiring any property (residential or commercial) in India?

Ans. Well, the answer here is NO, there is no need to obtain prior permission from RBI.

Q2. In it mandatory for PIO to get prior approval from RBI (Reserve Bank of India) before acquiring any immovable property for residential use?

Ans. There is NO need to get prior approval, as long as the property is acquired for residential purposes.

Q3. Can PIO acquire commercial property in India?

Ans. Yes, PIO can purchase commercial properties other than plantation/agricultural/farmhouse property.

Q4. Can the property acquired by NRIs/PIO be sold?

Ans. Yes, RBI has granted permission to sell such acquired properties. However, it should be remembered that if the property is sold to a foreign citizen of Indian origin, then funds paid should be paid out of NRE/FCNR accounts or remitted back to India.

Q5. Are foreign citizen of Indian Origin allowed to acquire residential property by way of gift?

Ans. Yes, they can acquire such assets by way of gift, but the number of such gifts is restricted to two, from an Indian citizens or PIO, subject to compliance with Indian tax laws.

Q6. Are foreign citizen of Indian Origin allowed to sell a residential property, by the way, gift?

Ans. Yes, they can sell such properties, by the way, gift, but the number of such gifts is restricted to two, subject to compliance with Indian tax laws.

Q7. Are NRI’s permitted to acquire housing loans from financial institutions or dealers?

Ans. The government of India has granted permission to certain authorised dealers and financial instruction to give credit to NRIs for the acquisition of home/flat. Repayment of such loans shall not exceed a time frame of 15 years.

Q8. Can NRI’s and PIO rent residential/ commercial properties?

Ans. Yes, Reserve Bank of India has granted permission to NRI & PIO to rent their property. The income so generated should be deposited in NER/NRO accounts.

Remember, the topic of NRI investment is significant and lengthy. Our future blogs will give enlighten you the topic further. Also, don’t forget to go through relevant guidelines for NRI property inverters.