Thursday, November 21, 2013
No Pre EMI Scheme for DLF Woodland heights in Bangalore
Saturday, November 16, 2013
Why Invest In Bangalore Real Estate Market
If
you are looking for investment options especially in the real estate market,
then Bangalore seems to be a good investment destination. The IT hub of India promises great
investment returns and seems to be an appropriate location for owning a dream
home.
There
are many factors contributing towards this growth process of the Bangalore
city. To start with, for someone buying property in Bangalore, the city can
give good returns in form of rent. For others the serene atmosphere of the city
makes it an ideal place to spend a quiet and tranquil lifestyle away from the
noise and pollution of the crowded cities. In short a destination where you can
spend some quality and peace time with your family or a place to move in after
retirement. Other factors can be considered the tax exemption and benefits.
According
to the Income Tax Act, section 24(b) offer tax benefits on home loans (no
matter whether it’s your first home loan or loan for other property). However the
tax benefits are applicable only on the interest part and not on the principal
amount. Talking of the Bangalore
city in this regard one can enjoy tax exemption from paying wealth tax if the
second apartment/house is let out for a minimum of 300 days in a calendar year.
In case the house/apartment is not yielding any rent there will be no
requirement of paying the tax as the tax is payable only on the rent amount.
This
was about the Bangalore real estate market; now let’s talk about the project
that helped in changing the face of this city. DLF Woodland Heights Bangalore offering 2/3 BHK apartments is the
latest jewel in the crown of this magnificent city. The venture started the
trend of affordable luxury that comes equipped with all the ultra-modern
amenities and facilities. To cut it short DLF
Bangalore is one project that best define the changing trends of the
Bangalore real estate market.
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