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.