Showing posts with label Real Estate Property. Show all posts
Showing posts with label Real Estate Property. Show all posts

Wednesday, 14 June 2017

Best Real Estate Websites for Property Search in India


People get always confused to choose website when they plan to buy or sell any property because there are many real estate websites for property search in India. The real estate web portals are always helpful for people to search the property. It is the excellent platform for buyer and seller to discover and finalize the requirements that are connected to the property. With the help of real estate web portal, people can easily sell or buy their property. Here, the buyer and seller get regular updates about new offers that help them to search all types of property. A number of people depend on real estate agent for buying and selling the property but people can find a huge number of great deals on real estate web portals.

We are introducing some websites for searching real estate properties according to needs and preference in India. These all sites help the people (buyer and seller) to directly find their dream home.

1. MagicBricks

The MagicBricks comes first in the list of best real estate websites for the property search. The website is a leading property portal in real estate in India. It has a number of positive feedbacks.

It is designed for buying and renting purpose. Minimum 12 million users visit this site every month for their buying and renting needs. It has the best buying search engine that provides better result according to user’s search term. For rent purpose, the site is the best.

The main benefit of using this site is they provide experts and professional advisors that help users in desirable property decision and selections.

The plus point of the MagicBricks is that it offers excellent images and detailed information before buying a property.

2. IndiaProperty

The IndiaProperty is one of the growing web portals in real estate in India. Here the user can search the particular property according to their needs and requirements.

This site provides the facility to discover projects like tower floors, flats and your choice of the unit in 3D and full furnished state.

The IndiaProperty have a great search engine for the users to explore the projects like homes, flats and floor etc. as like never before.

Here the users can get experts’ advice and assistance to take a smart property buying decision.

3. 99Acres

The 99Acress is one of the most famous real estate websites for property search in India. This is another premium website used by thousands of users for buying and selling their property every day.

It comes on top in the selection list of the web portal for property search. The 99 Acres has become one of the most trustable sites for buying and selling the property according to user’s requirements. It offers the best details of projects, location and society if users want to resale their property like home, apartment, villa or a commercial property.

The database of this site is excellent from others. It has great features for buying, selling and renting the property. They regularly update to users with the brilliant offer of the project. Here, the users can get a smart choice and great decision with the proficient and talented advisors.

4. Cafe Estate

The Cafe Estate also comes in the top of real estate websites for property search. This site is continuously growing with unique features.

The Cafe Estate is the most trustable platform for the perfect selection of the property. It supports users for buying, selling and owning their dream homes. This is the best web portal to search real estate property in lucknow .

The additional feature of the site is here users can get legal advice, market analysis report, complete information of builder and property portfolio structure. It provides resale, rent services of the property.

Here users can get all required support to buy property in lucknow like taxation support, legal advisory, evaluation and registration support. It provides the expert's guidance for smart decision and better property selection. It updates users with special offers and packages.

5. CommonFloor


The CommonFloor is the web portal that gained popularity as a good real estate property search website. Its unique selling points (USP) is buying and selling property in top big cities like Bangalore, Mumbai, New Delhi, Pune and others.

It provides a number of facilities to users for proper selection of property. Its search engine works great and offers the trustable result to users. Here the users can get the legal advice for better decision for the property.

If users belong to small cities then should avoid this site because it will not be beneficial for them. If users are living in a metro city like Bangalore or Mumbai then it is the great choice for searching real estate properties in India.

Friday, 26 May 2017

How will Goods and Service Tax (GST) impact the real estate sector in India?



The Goods and Services Tax (GST) is the new tax-related change to be seen in India. It will reduce the inconsistent and cascade taxation formation that have mystified several industries more than the past decades. It will undoubtedly have a profound consequence on India's economic forecast. However, there is a lack of transparency on different aspects such as the price of GST will stay at par current taxes and reasonable or economical houses will stay out of the GST’s field.

Goods and services tax (GST) tax structure

There is an only indirect tax that covers all the goods & services in long run, enhance tax collection through making it easy for retailers & numerous other businesses to fulfill and also moderate complete taxation levels. It should be remembered that the positive effects of this latest taxation management will be seen after 2-3 years of its accomplishment. Although the goods and services tax (GST) tax structure has been declared, there is still many assumptions about tax price will be related to the Real Estate Property in Lucknow & construction industry
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The rate of tax is not decided so far and it would be quick to remark on it at this position. The expectations are for property to be in the 12% range. The GST rate is not only significant factor. In addition, the abatement rules valid under the service tax management and the input tax credit services for developers will find out if the effective tax rate on real estate is small or higher in GST. Well, the composition system allows for abatement against the price of land to the area of 75% of the house cost for housing units cost under INR 1 crore and below 2000 sq. ft. that makes the successful price at 3.75%. In other situations, the abatement goes down to 70%, it makes the efficient rate at 4%. This will go a long mode to determine whether GST is tax independent or tax adverse for the property.

Residential Real Estate Impact

If you are searching in residential property segment, the sales are not only impacted by tax rates but by sentiment as well. It is also on account of the hope arrears that the RERA (Real Estate Regulation & Development Act), It said, if the costs go higher under GST then the lower current home loan rates could moderate the impact to several extents.
GST would be probably neutral generally at 12% slight savings and at 18% slight increase when it comes to GST's impact in the commercial office property in lucknow market with the vacant service tax for commercial rent at 15%.

Rental Housing Impact

Other doubts affect to the leasing housing market. Generally, it would be impacted when the government would apply the tax on residential lease in GST. The general fear is that if this takes place, the rental housing part may observe a vast slump more than the medium-term, as residential leases are presently not taxed at all.