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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 »

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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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Here’s a thumb rule for homebuyers – if any ongoing project falls under RERA, it’s surely a secure and safe investment option. If any state has excluded ongoing projects from the Act, it is better to wait for new projects that would be registered under RERA. Thus, it is clear that ongoing projects are still a grey area in many states. A homebuyer must crosscheck before investing in any ongoing project whether it is RERA-compliant… Read More »

silver5

Sumadhura Infracon Pvt. Ltd. is a known name in the real estate Bangalore circuit. We are proud to have our name among the top builders in Bangalore. The name “Sumadhura” resonates among some of the most-influential commercial and residential names in the city. With a clear vision to develop superior properties based on realistic values for its owners, joint venture partners and investment affiliates, we at Sumadhura, are proud for our timely delivery of both… Read More »

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The Karnataka Government is expected to announce the final rules for the Karnataka Real Estate (Regulation & Development) Act also known as Rera by the end of the month. Housing Minister M Krishnappa has assured home buyers and stakeholders that the Act has been finalized; however the delay in its roll out is due to its final approval awaited from the cabinet for final changes made and will be soon discussed and notified by the… Read More »

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