{"id":1224,"date":"2017-04-28T12:45:00","date_gmt":"2017-04-28T12:45:00","guid":{"rendered":"http:\/\/www.trimurty.com\/blog\/?p=1224"},"modified":"2025-03-29T16:25:46","modified_gmt":"2025-03-29T16:25:46","slug":"better-time-buy-property","status":"publish","type":"post","link":"https:\/\/www.trimurty.com\/blog\/better-time-buy-property\/","title":{"rendered":"No Better Time to Buy Property.."},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Home Buyers Cheer-up!<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Happy news awaits you. Who says the real estate market is experiencing a slow-down? It is rather in its strongest form ever. Ready to bloom advantages not just to the developers but to the investors as well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are the three prime reasons supporting our claim \u2013<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Property prices have recently undergone correction with no further hope to fluctuate. Right time to grab the perfect opportunity.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This has never happened over the past two decades\u2014the home loan interest rates are at their lowest.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Immense support is flowing in from the government as well. Home buyers can now take advantage of the recently announced incentives and schemes.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Government Support &amp; New Reforms<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Also, with the Real Estate Regulatory Bill soon coming into play, Real Estate will become an investor\u2019s hotbed. All the transactions will be clear and open, plus buyers will have full security. <\/span><a href=\"https:\/\/rera.rajasthan.gov.in\/\"><span style=\"font-weight: 400;\">RERA<\/span><\/a><span style=\"font-weight: 400;\"> will not only be advantageous for the locals but also for NRI investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Must Read: <\/span><a href=\"http:\/\/www.trimurty.com\/blog\/ministry-notifies-rules-2016-real-estate-act\/\"><i><span style=\"font-weight: 400;\">RERA \u2013 What all it has for the prospective property buyer?<\/span><\/i><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Talking about government schemes, here is a brief mention about Pradhan Mantri Credit Link Subsidy Scheme and Chief Minister Awas Yojana:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Under Pradhan Mantri Credit Link Subsidy Scheme (CLSS), an upfront interest subsidy of up to INR 2.3 to 2.5 lakh will be offered to a buyer having an annual income of up to INR 18 lakh.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"> NOTE: The beneficiary or any of his family members under the above scheme cannot be an owner of a pakka house.<\/span><span style=\"font-weight: 400;\"><\/p>\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Coming to Chief Minister Awas Yojana, the Stamp Duty of INR 50 (for EWS) is now exempted. For the developers, there are benefits like full wave-off of approval fee, height &amp; ground coverage relaxation, and increase in the limit of free FAR (from 1.33 to 2.25).<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">With favorable market conditions, reduced loan rates, and <\/span><a href=\"https:\/\/www.trimurty.com\/blog\/rajasthan-real-estate-reras-role-for-buyers-and-investors\/\"><span style=\"font-weight: 400;\">government-backed benefits<\/span><\/a><span style=\"font-weight: 400;\">, investing in property now ensures long-term financial growth. Don\u2019t miss this opportunity!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Frequently Asked Questions<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">Q. Why is now the best time to buy property?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Property prices have stabilized, home loan interest rates are at their lowest, and government schemes offer attractive benefits for buyers.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Q. How does RERA benefit home buyers?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">RERA ensures transparency, protects buyers&#8217; rights, and makes real estate transactions more secure for both local and NRI investors.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Q. What are the benefits of the Pradhan Mantri Credit Link Subsidy Scheme?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Buyers with an annual income of up to \u20b918 lakh can receive an interest subsidy of \u20b92.3\u20132.5 lakh on home loans under this scheme.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Home Buyers Cheer-up! Happy news awaits you. Who says the real estate market is experiencing a slow-down? It&hellip;","protected":false},"author":1,"featured_media":1225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1224","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-property-investment","8":"cs-entry","9":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>No Better Time to Buy Property \u2013 Why Now is the Right Time<\/title>\n<meta name=\"description\" content=\"With low home loan interest rates, 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