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Cost Of Living In Chennai: All You Need To Know   By: anusha rana
Introduction Chennai is located on the south coast of India and attracts the most foreign tourists to India. Chennai is also ranked the safest Indian city and is a top-rated global city for its hospitality. Chennai attracts tourists as well as job seekers. This is due to the affordable cost of living and the many large companies based there. Chennai is a great place to settle down in India because it offers many job options. Living Costs in Chennai for a Bachelor Accommodation: Single residents can choose to live with a paying guest or a co-living arrangement in Chennai close to their office. This will help them save money on transport costs. Most dwellings include a meal facility, which is included in the rent. These accommodations might also include Wi-Fi, housekeeping, and utility costs. It could cost between Rs 5,000 and Rs 8,000 depending on the area. You will need to pay a little more if you live in a shared apartment with your friends. This is not only for the rent but also for any expenses otherwise covered by a co-living unit. This option may be more expensive than the first. Lifestyle Cost: A bachelor only needs to pay for what they want. Depending on how often you go out, it may cost you Rs 700 to Rs 1000 more for each trip. Living Cost Of Living in Chennai for Couples Homeownership A 1BHK to rent in Chennai costs, on average, Rs 8,000 to Rs 12,000 per month, depending on the area and the type of facilities in the household. A slightly larger apartment will be available for rent at Rs 11,000 to Rs 14,000 monthly, depending on the kind of furnishing and the location. A 3BHK apartment in the most desirable areas of Chennai will cost you between Rs 1.5 crores and Rs 3 crores. A 3BHK apartment in an average area will cost Rs 70 lakhs to Rs 1 crore. Chennai's average property price is Rs 6,116 per square foot. Transportation Cost If you plan to live near your office, you can save quite a bit. If you intend to drive your car for a commute, it may cost you Rs 5,000 to Rs 6,000 per month for fuel and maintenance. Public transport costs you at least Rs 1000 per month, depending on your comfort level. The maximum fare for the Chennai Metro is Rs 50. These expenses must be considered when estimating Chennai's living costs for professionals. Lifestyle Cost If you are a couple, you might have to pay different household costs. These include utility bills, gym membership, grocery shopping, etc. Shopping, eating out, and other expenses can increase Chennai's overall living cost. Depending on your choice and usage, this can run you between Rs 8,000 to Rs 10,000 per month. Chennai - Is it affordable to live in? Depending on your household size and family members, Chennai is one of India's most affordable cities. Because of the size, lifestyle choices, and differences in housing types, Chennai's cost of living is different for couples, families, and bachelors. Below is a detailed list of expenses for various lifestyles, household sizes, and household types. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Know Everything About Banashankari 6th Stage- Bangalore Real Estate   By: anusha rana
Introduction Banashankari is a well-known area in South Bengaluru. It is located in an ideal area with all the amenities like schools, colleges, and hospitals. It also has good road access. We have spoken extensively about Banashankari's stages and locations. Below, I will concentrate on the Banashankari 6th Stage and its surrounding areas. Availability of BDA Auction Sites For Sale It is a bit far from the main locations, but the connectivity is excellent. People can connect to Bengaluru via the Metro. On the eastern side, Banashankari 6th Stage, you will find the famous Turahalli Reserve Forest, the main tourist attraction for Bangalore. Pavamanapura can be located to the South, Srinivaspur to the North, and Hemmigepura to the West. A 100-foot main road connects Kanakapura and Kodipalya. It is surrounded by Gubbalala and Ganagalla, Karyanapalya, Ganagalla, and Chikegowadanapalya. In 1999, the Bangalore Development Authority purchased Pattegarapalya. It has constructed almost 20,000 sites in 14 blocks. Most citizens were given plots of land to build their homes. The Banashankari 6th Stage offers investors a variety of options. You have affordable options as well as elegant and more luxurious housing options. It is located in Bangalore Development Authority's most sought-after area. There are many parks around, the area has a lot of greenery. You can find the Turahalli forest, an excellent place for nature lovers, and the Bengaluru–Mysore expressway. Many people are looking at the available space as the area is well-suited for residential development. 1. Banashankari Metro Station All amenities are easily accessible from the neighborhood. Excellent connectivity is available to all areas of Bangalore, as well as various transportation options. Long-distance driving by car is easy because the area is near the Bangalore-Mysore Expressway. You can get to and from Bangalore by bus or taxi. BSK 6th Stage is also within easy reach of the Phase 2 metro line. There are many BDA plots for sale in Banashankari's 6th Stage. It is located in Bangalore's southern suburbs, as I have mentioned. There are large parks, the RV College for Architecture, and the planned Banashankari 6th-stage BDA development. It has a well-developed BDA layout and connectivity to the Metro. BSK 6th Stage is a great place to live in Bangalore. It's also suitable for the next generation. This area is new and well planned. It has a strong social infrastructure. You don't have to travel far to get essential services. There are parks, schools, markets, and hospitals within the area. Many small shops cater to daily needs and a local market. Residents of a community value the proximity to hospitals and medical providers. Here are some hospitals and healthcare facilities that are close by. 1. Banashankari Temple Some attractions near this area include the Banashankari 6th Stage Park, the Turahalli reserve forests, and the ISKCON Temple, which is approximately 2 km away. Because it is a growing neighborhood, there is plenty of growth potential. There are many housing options to fit everyone's needs. The area is also home to some new developments. New regional projects could be great investment opportunities as the site grows and connectivity improves. These areas will be highly sought-after due to the congestion in the city's central parts. At Banashankari's 6th Stage, well-known developers keep their real estate projects moving at an impressive pace. Prices for land at Banashankari are affected by many factors, such as The cost of the property should be analyzed in light of its location, the development status (roads and parks, drainage, garbage collection), the area of the plot (corner locations fetch more people to build shops), the availability of amenities, the size of the plot and the value set by the BBMP. 1. Banashankari BDA Complex Banashankari's sixth Stage is the largest among all BDA-formed layouts. It was formed in the mid-2000s and is still in its early stages. This area was developed 18 years ago by the DDA. It still lacks basic amenities. It is further divided into 15 sections. This vast neighborhood is bordered east by Kanakapura Road and Dr. Vishnuvardhan Road. To the west, NICE Road borders it. The famous Thurahalli hill, and the local forest surrounding it, are located in the middle of Banashankari's 6th stage. This is a tranquil, scenic area with rolling hills and vegetation. Many properties in Bangalore and BDA plots are available in the area. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Guide To Choose The Right Location In Bangalore For Flats   By: anusha rana
Steps to buy/rent/lease shops through HonestBroker ● Visit the HonestBroker website. ● Select buy/ease/rent/ property. ● Then, select the property type. ● Mention the location. Where you want to buy/rent/lease property. ● Then, click on search The best locality to buy flats in Bangalore Here is some best locality for buying flats in Bangalore: Electronic City Horamavu Yelahanka Gottigere Subramanyapura Whitefield Krishnarajapura Banashankari Thanisandra Jayanagar The best locality to rent flats in Bangalore Here is some best locality for renting flats in Bangalore: Electronic City Hbr Layout Horamavu Bilekahalli Banashankari Krishnarajapura C V Raman Nagar Mahadevapura Hoodi Yeswanthpur Property Rate in Bangalore 2022 The average property rate in Hyderabad depends on the size of the property, amenities, and locality. Whitefield- the average price of the property is INR 5,123/sqft and it increases according to amenities and the size of the property. Electronic City- the average price of the property is INR 3,823/sqft and it increases according to amenities and the size of the property. RR Nagar- the average price of the property is INR 4,172/sqft and it increases according to amenities and the size of the property. Krishnarajapura- the average price of the property is INR 4,394/sqft and it increases according to amenities and the size of the property. Horamavu- the average price of the property is INR 4,624/sqft and it increases according to amenities and the size of the property. Subramanyapura- the average price of the property is INR 3,703/sqft and it increases according to amenities and the size of the property. Bommasandra- the average price of the property is INR 5,225/sqft and it increases according to amenities and the size of the property. Banashankari- the average price of the property is INR 6,291/sqft and it increases according to amenities and the size of the property. Margondanahalli- the average price of the property is INR 4,155/sqft and it increases according to amenities and the size of the property. Gottigere- the average price of the property is INR 5,225/sqft and it increases according to amenities and the size of the property. Chandapura- the average price of the property is INR 3,711/sqft and it increases according to amenities and the size of the property. Chikkalasandra- the average price of the property is INR 4,591/sqft and it increases according to amenities and the size of the property. Doddathoguru- the average price of the property is INR 3,777/sqft and it increases according to amenities and the size of the property. Bellandur- the average price of the property is INR 5,863/sqft and it increases according to amenities and the size of the property. HBR Layout- the average price of the property is INR 5,324/sqft and it increases according to amenities and the size of the property. Varthur- the average price of the property is INR 4,643/sqft and it increases according to amenities and the size of the property. Harlur- the average price of the property is INR 5,777/sqft and it increases according to amenities and the size of the property. Parappana Agrahara- the average price of the property is INR 4,383/sqft and it increases according to amenities and the size of the property. Ramamurthy Nagar- the average price of the property is INR 4,509/sqft and it increases according to amenities and the size of the property. Hennur- the average price of the property is INR 5,007/sqft and it increases according to amenities and the size of the property. Thanks(read entire article)
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Category : Real Estate and Foreclosure

Guide To Choose Your Dream House In Hyderabad   By: anusha rana
Steps to buy/rent/lease shops through HonestBroker ● Visit the HonestBroker platform. ● Select buy/ease/rent/ property. ● Then, select property type. ● Mention the location. Where you want to buy/rent/lease property. ● Then, click on search Top Areas to Buy Houses in Hyderabad Here are some top locality to buy houses in Hyderabad are - Uppal Banjara Hills Kanchan Bagh Amberpet Bharat Heavy Electricals Limited Hyderabad House for Sale in Bazaar Lucknow House for Sale in Yousufguda Vattepally Moosarambagh Shiva Sai Nagar Top Areas to Rent Houses in Hyderabad Here are some top locality to rent houses in Hyderabad are - Dilsukhnagar Banjara Hills Moti Nagar Malakpet Bharat Heavy Electricals Limited Hyderabad Mallampet Amberpet Mehdipatnam Chanda Nagar Kavadiguda Property Rate in Hyderabad The average property rate in Hyderabad depends on the size of the property, amenities, and locality. Tellapur- the average price of the property is INR 5,225/sqft and it increases according to amenities and the size of the property. Nizampet - the average price of the property is INR 3,170/sqft and it increases according to amenities and the size of the property. Kondapur - the average price of the property is INR 5,197/sqft and it increases according to amenities and the size of the property. Miyapur - the average price of the property is INR 4,227/sqft and it increases according to amenities and the size of the property. Manikonda - the average price of the property is INR 4,394/sqft and it increases according to amenities and the size of the property. Puppalaguda - the average price of the property is INR 4,043/sqft and it increases according to amenities and the size of the property. Pragathi Nagar - the average price of the property is INR 3,632/sqft and it increases according to amenities and the size of the property. Serilingampally - the average price of the property is INR 4,545/sqft and it increases according to amenities and the size of the property. Ramachandra Puram - the average price of the property is INR 3,667/sqft and it increases according to amenities and the size of the property. Toli Chowki - the average price of the property is INR 4,430/sqft and it increases according to amenities and the size of the property. Narsingi - the average price of the property is INR 4,512/sqft and it increases according to amenities and the size of the property. Nallagandla - the average price of the property is INR 4,963/sqft and it increases according to amenities and the size of the property. Nagole - the average price of the property is INR 3,764/sqft and it increases according to amenities and the size of the property. Bachupally - the average price of the property is INR 3,805/sqft and it increases according to amenities and the size of the property. Patancheru - the average price of the property is INR 3,256/sqft and it increases according to amenities and the size of the property. Bandlaguda Jagir - the average price of the property is INR 3,604/sqft and it increases according to amenities and the size of the property. Kompally - the average price of the property is INR 3,530/sqft and it increases according to amenities and the size of the property. Kokapet - the average price of the property is INR 5,897/sqft and it increases according to amenities and the size of the property. Sainikpuri - the average price of the property is INR 3,374/sqft and it increases according to amenities and the size of the property. Uppal - the average price of the property is INR 3,931/sqft and it increases according to amenities and the size of the property. Thanks(read entire article)
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Category : Real Estate and Foreclosure

Know Everything About Property Listing: Free Of Cost   By: anusha rana
What is property Listing? The term listing means published list or an item in a publishing list. Property listing is a process of a property advertisement. In property listing, you can list the property for rent or lease, even for sale to any property, Wheather it's a residential property, commercial property, warehouse, industrial space, etc. It's a simple process in which owners list the property for advertisement. This process helps owners find leads for their property. You can say that they can find tenants or buyers for their property. Step to listing the property through HonestBroker HonestBroker is a very reputed and top real estate platform where you can easily list your property free of cost without investing a single penny. Here is the 2 step through which you can easily list property in HonestBroker: Visit the HonestBroker website and click on the post property ad (free). After that, you will see a form. Fill out that form and click on start posting property. Then you have to fill in some basic information about your property and it will be listed on the website. Pros and Cons of listing a property on a Real estate platform Pros- You will get the highest price through your property. It is beneficial for owners or tenants or buyers to access information. It is free of cost on some websites. You don't need any real estate agents or brokers to find leads for your property. You can easily find verified owners and verified property on property listing sites. It saves money and time because it's a very simple 2 step process. Cons- You will require the legal paper to verify your property. You need to mention the exact location of your property. You need to upload high-quality pictures of your property. Details required for property listing on real estate platform Property listing is a simple process to advertise the property. It requires very few things, such as: Legal paper of the property- All property listing requires legal documents to verify the property. High-Quality pictures- You need to upload high-quality images of your property. You may also upload a video capturing every portion. Details of the property- You need to mention the exact location of your property with Pincode, Area name, Block, etc. Types of property- You need to mention your property types, such as residential, commercial, etc. Your details- You need to mention your details so that leads can contact you. What kind of property can list on the Real estate platform? Residential Property:- House Flats Apartment Residential plot Pg Villa Farmhouse Commercial Property:- Shop Warehouse Co-Working Space Office/Corporate Space Commercial plots Conclusion- Are you investing your money in brokers or real estate agents to find sellers or tenants for your property? Then stop that unnecessary wastage of money. List your property on the real estate website and save your money. Thank you(read entire article)
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Category : Real Estate and Foreclosure

List Of Top Real Estate Builders In Bangalore, Karnataka   By: anusha rana
Introduction Bangalore, India's Silicon Valley and one of the fastest-growing cities, has more than 9 million population. It is India's fifth-largest city. Bengaluru real estate has attracted non-locals who come to the city for work because it is India's major IT hub. The city has seen rapid real estate growth, which has resulted in the construction of educational institutions, hospitals, commercial centers, and other infrastructure services. The City of Bangalore has also seen its fair share of top Real Estate Builders in Bangalore. Best Real Estate Companies in Bangalore Bangalore is one such city experiencing potential growth in the real estate sector. Because of the big players' investments, the city is ornamented with high-rise residential and commercial buildings. ● Godrej Properties in Bangalore Godrej Properties, founded in 1897, offers various services such as real estate development, modern engineering, fast-moving consumer goods, etc. It is a well-known real estate developer with a land bank of around 11.06 million square meters in 12 cities across India. It has received over 200 honors, accolades, and recognitions recently. It also won the Construction Week India Awards in 2015 and the title of 'Real Estate Company of the Year.' Godrej 24, Volagerekallahalli, Godrej Lake Gardens, Kasavanahalli off Sarjapur Road, Godrej Aqua, Bengaluru Near Yelahanka, and others are among their popular projects. They have created homes that are beautiful and comfortable living areas that are well-organized, big, and Vaastu Compliant. Godrej Properties is the Godrej Group's real estate division. ● Shriram Properties in Bangalore Shriram Properties in Bangalore, one of the top five residential real estate businesses in South India, concentrates on cheap and mid-market housing. They are well-known for combining several units established between 2012 and 2017. They have been excellent in developing luxury homes, mid-market premium housing, and commercial space. They are the first to introduce 'villaments' in Bangalore, allowing purchasers to enjoy the luxury and size of a villa while also having the convenience of an apartment. Shriram Grand City is an integrated township in Uttarpara. One of the most ambitious undertakings in the country is in Kolkata. They have secured the country's most ambitious projects. Also, Read About the Best Location to Get Office Space in Bangalore Best Properties for Sale in Bangalore After researching and learning about the leading organizations offering properties in Bangalore for sale or rent, we firmly understand how real estate in Bangalore works. Now we'll seek properties, houses to buy, or flats for sale in Bangalore. From luxurious apartments, villas, and plots to affordable housing, Bangalore is home to it all. There are various localities in Bangalore where you find to buy the best residential property for your loved ones, but keep these factors in mind before you buy a house in Bangalore, Karnataka. There are various Best Areas to Live in Bangalore ● Buy House in Bangalore (4 BHK), in Budigere Cross By Trifecta Verde En Resplandor Price- ₹ 94.28 L - 2.27 Cr Area- 2,300-3,639sq.ft. ● Buy House in Bangalore for (4 BHK), in Sarjapur Road By JRC Palladio Price- ₹ 1.83 - 2.4 Cr Area- 2,810-3,735sq.ft. ● Buy House in Bangalore (3 BHK), in Chandapura Price- ₹ 1.45 - 1.83 Cr Area- 2,199-2,687sq. ft ● Flat For Rent in Bangalore (4 BHK), in Hbr Layout 5th Block Area- 2,100 sqft. Price- ₹2,50,000(Deposit), ₹ 28,000 (Rent)' ● Flat for rent In Bangalore (4BHK), in Ether Apartments, J.P. Nagar Area- 3,900 sqft. Price- ₹7,00,000 (Deposit), ₹ 85,000 (Rent) Must Know About Registration Charges and Stamp Duties in Bangalore Thank you(read entire article)
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Category : Real Estate and Foreclosure

How To List Property To Get Maximum Leads On Real Estate Portals   By: anusha rana
Introduction If you want to sell a property or a house, it is a big decision, and you want to make sure you get the most out of it. List your property on a real estate portal to reach potential buyer. But, to get the most leads, you must ensure your listing is high quality. So if you want to post property on real estate portals to get the maximum leads,, then this is for you. Here, we will provide a step-by-step guide on how to list your property on real estate portals. So, if you are ready, let's get started. Prepare Your Listing Description and Property Details The first step is to prepare your listing description and property details. When listing your property on real estate portals, it is important to prepare your listing description and property details in advance. This will ensure that potential buyers can find your listing and that you can provide them with the information they need to make a decision. Here are some tips to help you get started: 1. Choose the Right Portal: There are several different real estate portals available, so it is important to choose the one that is right for you. Consider the type of property you are selling, the location, and the price range. 2. Create a Catchy Headline: The headline is the first thing potential buyers will see, so it is important to make it catchy and informative. Include key pieces of information such as the price, location, and type of property. How to Improve Your Property Listing on a Real Estate Portal First and foremost, it is important to add high-quality pictures and a video tour of your property. This will give potential buyers a good idea of what your property looks like and help them decide. Things You Must Do Before Post Property on Portal Here's a quick checklist of things to do before you post your property 1. Make sure your property is in good condition. This means repairing any damage, painting walls that need it, and generally making your property as presentable as possible. 2. Take professional quality photos of your property. This is one of the most important things you can do to generate interest in your property. Make sure the photos are well-lit and show off the best features of your property. 3. Write a great description of your property. In your description, include all the important details about your property, such as square footage, number of bedrooms and bathrooms, and any special features. 4. Choose the right price. If you price your property too high, you'll likely get fewer leads. But if you price it too low, you could leave money on the table. 5. Research the different portals to see which ones are the most popular. Reach out to a real estate agent. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Best Bedroom Vastu Colour Combinations To Live Happy Live   By: anusha rana
Introduction Vastu Shastra is an ancient Indian science of design, architecture, and construction. It is based on the laws of nature and the Universe. The main goal of Vastu is to create a harmonious and balanced environment. That is conducive to the health and well-being of the occupants. One of the essential aspects of Vastu is the use of colours. Different colours have different vibrations and energies. The right colours can create a positive and peaceful environment. At the same time, the wrong colours can lead to disharmony and negative energy. Vastu Colours for Bedroom - As Per the Direction of the Bedroom The bedroom is considered to be an essential room in any house. It is the place where you can relax and sleep soundly. When it comes to Vastu colours for the bedroom, there are many different colours that you can use. The bedroom is more than just a sleeping area. It is also a place where you can make new memories. Over the years, the bedroom has many Vastu colours identified by many astrologers and experts. These colours are used in various ways depending on their direction. You can use the colour combinations that are mentioned in this article. ● South-facing bedroom paint colours: If the bedroom is facing south, Vastu advises choosing shades like orange or red because Mars rules the area to the south of the bedroom. ● North-facing bedroom: Because Mercury is the planet that rules over bedrooms, it is advised to paint them in light colours like light blue, mint green, light brown, and white. The planet Mercury is the source of prosperity and expansion. Related Article Vastu Tips for Mandir in Home According to the southeast bedroom, Vastu uses these bedroom colours for couples according to Vastu. ● Southwest bedroom paint colours: Golden, off-white, or pale yellow are appropriate for bedrooms in the southwest. ● West-facing bedroom Vastu colours: Bedrooms facing the west should be painted in colours of grey, white, golden, or silver, according to Vastu. ● Northwest-facing bedroom: If your bedroom faces that direction, you should choose colours like silver, golden, or white. Tips To Enhance Vastu Colours for Bedroom ● Vastu Colours for Bedroom - Master Bedroom Direction According to Vastu, the home's southwest corner is the ideal location for the main bedroom. A master bedroom Vastu should never face northeast, according to the rule. Additionally, Vastu advises against placing the main bedroom towards the southeast since Agni, who is in charge of that area, is known to cause misunderstandings and arguments between partners. Additionally, the master bedroom's entrance must face one of three directions: west, north, or east. The master bedroom's main door can be single. However, it should never open southward. ● Bed Direction as Per Vastu Avoid placing the bed directly in front of the bedroom door, following Vastu rules. Additionally, according to Vastu, you must sleep with your head facing the east or south, enhancing quality sleep. Never position your bed where it faces north; doing so can cause anxiety and worry. Related Article Vastu Tips for Living Room Conclusion To wrap this up, Vastu Shastra is an ancient Indian science of architecture and construction. The main goal of Vastu is to create a harmonious and balanced environment. The bedroom is the most important part of our house. The bedroom is where we spend most of our time in life, and it also represents our inner self. Choosing the right colours for your bedroom is essential for creating a peaceful and relaxed space. Thank you(read entire article)
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Category : Real Estate and Foreclosure

Why Are Commercial Properties More Preferable Than Residential For Investment In Pune?   By: anusha rana
Introduction Pune has grown steadily into an IT business hub in recent years. Properties in Pune are attracting the attention of many investors worldwide. The city is now a profitable alternative to the expensive market of Mumbai. Commercial property in Pune is appreciated to grow at a rate of about 15 percent. The IT, start-up culture, manufacturing, and automobile industries have increased the need for the number of properties for sale in Pune. More industries also mean an increased workforce. Hence the requirement for residential properties in Pune is also increasing with the need for office spaces to rent/buy. Reasons to Invest in Commercial Properties in Pune ● Higher Returns on Investment (ROI) Residential tenants change frequently, but commercial tenants sign much longer contracts. These contracts are sometimes valid for decades or more. This ensures a steady income from the commercial property. Also, the rents are much higher than those of residential properties. Hence, the overall ROI is higher and more regular. ● High Annual Rental Appreciation Recent research statistics state that the annual rental appreciation for commercial properties has been 8-11 percent. This is much more than the residential, which grew between 1.5 to 3.5 percent. Using tools like Real Estate investment trust (REIT), working-class Indians can now invest in commercial properties and enjoy a percentage of the annual appreciation. Commercial Vs Residential: Which One is Better to Invest Commercial real estate is a broad term that includes space for businesses such as retail, offices, and industries. In layman's terms, any property used only for business purposes is commercial real estate (CRE). On the other hand, residential real estate (RRE) includes housing properties for sale/rent. The ROI of commercial real estate is three times more than residential real estate. The annual rental appreciation for commercial properties is also more than for residential. An advantage of investing in RRE is that you need much less capital. Banks also tend to loan only a small amount of the total cost to invest in CRE. Whereas in the case of RRE, they are ready to loan out the total cost. This is because of the lesser size of property and value. The demand for rental properties is also higher. This is because everyone needs a place to stay. Because of the large pool of buyers and renters, the leasing process also becomes more accessible. However, the price growth in Pune residential properties has slowed since 2014. This leads to stagnancy in the value of a residential property. The value then decreases over time. On the other hand, commercial properties have a lifetime asset value appreciation. This is because new industries keep coming up. In the case of commercial properties, the rents are steadier. The lease contract is also more rigid and long-term. That means tenants are almost always available. Commercial properties also tend to return more gross revenue as the owners don't have to pay for regular maintenance. Investing in either will depend on two main factors: the risk involved and the end goal. However, investing in commercial properties without having large capital is now possible.(read entire article)
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Category : Real Estate and Foreclosure

How To Pay Property Tax In Chennai   By: anusha rana
Introduction The tax on real estate assets levied by the Government of India is property tax. It is a local tax imposed on the property owner and is also known as the house tax. The value of this tax is different in different states of India. Even in the same city, it will vary in different localities or ward. People in the best areas to live in Chennai have to pay a higher property tax than others. The tax amount also depends on the nature of the property. The properties on which property tax is charged can be offices, factories, residential properties, flats, shops, etc. This article will help you with a complete property tax payment guide for Chennai. What is the Chennai Corporation Property Tax? Property Tax payment is still the most significant source of revenue for the Greater Chennai Corporation (GCC). The Corporation calculates property tax annually and divides it into two terms of 6 months each. People owning properties in Chennai pay this in the first cycle from April to September. The second cycle is from October to March. Chennai ranked 4th on the Ease of Living Index in 2021. The construction cost in Chennai is also less than all major metropolises. That makes the cost of living in Chennai and property taxes relatively less. How to Calculate Chennai Corporation Property Tax? To buy properties in Chennai, you must know its property tax rates. Follow these steps to calculate the amount for property tax payment in Chennai: ● Go to GCC Online services website. ● Click on the 'Property Tax' button. ● Now click on the 'Property Tax Calculator" button. ● Enter the zone number, ward number, and street name details from the drop-down menus. ● Select which floor you live on from the drop-down menu for the Floor Details section. ● Then, you will have to add the floor area for the Residential and Non-Residential sections of the floor. Related Article Stamp Duty And Registration Charges In Chennai How to Check Property Tax Bills in Chennai Online? You can now easily check your existing bills on GCC's website. Follow these steps: ● Go to GCC Online services website. ● Click on the 'Property Tax' button. ● Now click on the 'New Bill No Search' button. ● Enter the details of your zone number, division code, bill number, and sub number. ● Click on the 'Submit' button. The portal will now show your outstanding bill. What is property ID in Property Tax Chennai? Each property is assigned a unique 13-digit number which is its property ID. Each number of this ID represents a detail that is required to pay property taxes. The first two figures represent the zone. The following three figures represent your ward number. The five digits following it means your Bill Number. The last three digits represent your Sub Number. Related Article About Chennai Real Estate Market How to Pay Property Tax in Chennai Online? Property tax payments in Chennai can easily be made online on Greater Chennai Corporation's website. Follow these steps to pay property tax online: ● Go to the GCC website. Click on the 'Online Payment's button. ● Now click on the 'Property Tax Payment' button. ● The screen will now show the online property tax payment portal. ● You must enter the zone number, division code, bill number, and the sub number. ● Select the 'Yes' radio button if you have made any modifications to your property. Otherwise, select the 'No' button. ● After filling in all the details, click on the 'Pay Tax' button. ● You will be redirected to an online payment portal where you can pay the property tax by selecting your credit/debit card or net banking facility. Thank you(read entire article)
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Category : Real Estate and Foreclosure