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DEMU

Whitefield in Bengaluru is a hotspot for real estate investments. While the Namma Metro is expected to ease out some of the traffic woes in the area, the city’s Central Lok Sabha member P C Mohan believes it is not enough. Hence, he has requested the Railways to introduce suburban trains between Whitefield and Cantonment. He has also sought for stoppage of trains at Mahadevapura, which is near the Krishnarajapuram diesel loco shed. Mr. Mohan… Read More »

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The process of Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, has been a tedious one. The Act sent everyone out of their comfort zones. Both homebuyers and developers went into caution mode. There was anxiety, stress and fear of what lies ahead. Developers were thrown off gear and could not sign agreements with buyers as their projects were not RERA-compliant. Sales in the real estate sector suffered a lot as the… Read More »

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When it comes to luxury homes costing more than INR 1.5 crores, Bengaluru is leading the way. It is the only Indian city to have seen a 45 percent spike in demand for such homes when the rest of India seems to be taking a time-out. However, the city ranks third in the overall real estate scenario in the country after Hyderabad and Chennai. Property sales in the Central Business District have been truly noteworthy… Read More »

sumadhuraaaa

While making an investment, we often tend to think whether real estate is an ideal investment asset class when compared to gold, equities, Mutual Funds, etc. From what the analyst has found in their reports, it’s confirmed that despite the erratic performance of the real estate industry, it has still managed to be prized asset. Below are few of the examples that proves the same – Appreciation of Capital An interior decorator had only Rs… Read More »

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Everyone is fond of displaying their favorite pictures on the shelf in the living room. However, for some due to space constraint this causes a messy look and for some due to lack of ideas on how and where to display the pictures, it turns out to be awkward. Here are ten basic tips on how to create an amazing space in your living room and get to share all your beautiful memories with your… Read More »

kitchen

All apartments may not have spacious kitchens. A small in size kitchen may be at times a problem for residents, though that does not mean one cannot do anything about it. There are certain tips one can follow to renovate small kitchens and make cooking a fun activity. Cabinet doors in small kitchen must be replaced with glass. This makes the kitchen look neater and bigger. Glass gives the illusion of a bigger space as… Read More »

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Whitefield is regarded as a technology core in Bangalore. The previous two decades have been a time of quickened development in this region which has not been seen in other areas of Bangalore. As the area lies in close proximity to established neighbourhoods, numerous MNCs incline towards setting up their corporate workplaces in Whitefield. Investments in the Whitefield area commercially and residentially is a decent choice to take since it is the locality which has… Read More »

Rera Notification

Homebuyers in Karnataka are very happy as RERA covers a lot of ongoing plans. Only those projects are exempted from RERA where all development work ass been completed as per the RERA Act and certified by the competent agencies. Thus, homebuyers can benefit a lot from these provisions of the RERA Act notified by the Karnataka government. There was a lot of furore when the draft rules revealed that all ongoing projects where 60 percent… Read More »

sumadhura blog

Homebuyers, who had been promised possession of their home long time back, but the developer failed to keep his promise, are furious because of the exclusion of ongoing projects that are 60 percent complete from Karnataka Real Estate (Regulation and Development) Act. There are innumerable sufferers who are yet to get possession but were promised possession a while back. As a result, these homebuyers are ready to challenge the exclusion of ongoing residential projects from… Read More »

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Homebuyers and developers are all trying to know how Goods & Services Tax (GST) will impact residential real estate. The rate of GST has been fixed at 12 percent for new and under-construction projects. Prices of properties are not likely to go up even though the present tax of 4.5 percent has been replaced by 12 percent GST. Let us explain why prices won’t go up. Before GST, builders paid 12.5 percent tax on raw… Read More »

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