Complete Guide To Know How To Increase The Value Of Your Home By: Anusha Rana
Introduction
A house is a sound investment that can be worthwhile in the long run. Make changes to your asset portfolio and develop equity in your house. Then, watch your housing worth rise.
A variety of factors affect the speed of this property portfolio growth. This includes the neighborhood of your house. The local housing demand and the economy also play a crucial role. But, homeowners may raise the value of their homes over time. They are likely to do so by undertaking repairs and alterations. This helps in boosting its attractiveness. Homeowners may then sell the property at a higher resale value.
Considerable facts to determine the value while Buying a Home
If you are looking for the perfect house to invest in, here are some pointers you cannot miss!
Price
Before you venture out to the market, this is likely already on your checklist. Be mindful of your budget and all costs associated with the property you wish to invest in. Pay a visit to your bank, and get pre-approval for your loan. Check the market value of the land, and see if the price of the home you want to buy is reasonable or not. Consider these costs before going ahead with your home investment.
Layout of the House
The Layout of the house includes the number of rooms in the house. This total number of rooms includes your living room and your bedrooms. Look for more perks, such as a modular kitchen and the size of the kitchen. The number of attached washrooms and rooms' sizes beautify the Layout. The Layout of the house also depends on the Age of the property.
Location and neighborhood of your house
Buyers prefer to locate a location close to the areas they visit. This includes schools, workplaces, shopping centers, and places of worship. Check for convenient accessibility to major roads and traffic flow.
Factors that can Decrease the Value of a Property
The following factors can hurt the value of your property:
· Unclean and rowdy neighborhoods
· Overpricing of property
· Age of the property
· Poor paint quality
· Bad maintenance
· Poor accessibility to market
· Availability of other amenities such as parking lots, parks, lifts, etc
Factors that help to Increase the Value of your Home
If you have often wondered how to increase your home's value, you have come to the right place!
Below are a few measures you can take to increase home value.
Invest in the Bathroom and the Kitchen
Kitchens and baths are the interiors that sell properties. Many real estate agents say this.
A kitchen or bathroom redo can provide a 100% or more significant rate of return based on the finishes you select. The rate of return also depends on the amount of labor you can do yourself. Finally, it comes down to the revamp these changes provide over your home's present state.
Bathroom and kitchen upgrades are the best way to boost home value if you have a remodeling budget.
Switch to Energy-Efficient Equipment & Technologies
Energy-efficient improvements lower your utility expenditures while you own the house. These improvements would also appeal to purchasers whenever it goes up for sale. Purchasers are always looking for energy-efficient amenities to save money as homeowners.
An upgrade can help you get a better resale value if your property has outdated appliances. It would work even if the upgrade is as simple as adding low-cost contemporary equipment.
Before presenting your property, clean and declutter it
A little clean-up goes a considerable way when marketing or receiving an assessment of your house.
Vastu Shastra
Vastu may sound like a conservative and traditional concept. But, it is essential when it comes to real estate. Approximately 80% of the market demands housing options that follow Vastu.
Such demand, in turn, brings about a better ROI (return on investment). Vastu-conforming properties are more appealing on the market. They have a higher resale price than those that are not.
Thank you(read entire article)(posted on: 2022-11-03)
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What Are The Stamp Duty & Property Registration Charges In Pune By: Anusha Rana
Introduction
Current Financial Year Stamp Duty For Pune
According to the following breakdown, the current stamp duty in Pune 2021–22 S is 6% of the property's market value:
● It costs 4% in stamp duty for the house.
● One percent of local body tax (LBT)
● 1% of the transport surcharge
Methods of Paying Stamp Duties in Pune
You can pay offline and online for stamp duty and registration charges in Pune. The steps are as follows:
Online Process
Go to the GRAS portal first.
From the scroll-down list, choose "Citizen" and "Make Payment to Register Your Document." Select "Pay Registration Fee and Stamp Duty Together."
Enter the necessary data, such as the district and registrar's office.
Select the bank and captcha options for your payment.
If you decide to pay using multiple banks, you should send your stamp duty payment in cash or by check to the authorities. A challan will be given to you after the transaction is complete. The Government Reference Number should always be on hand. Additionally, you will receive details like the bank's PRN, CIN, and Branch code.
Offline Method
Additional methods of payment for registration fees and stamp duty include
● Franking.
● Postage stamps
Related Article Cost of Living in Pune
How can we calculate stamp duty for different types of Properties
If the consideration value of the property is higher, stamp duty is assessed on the highest of the ready reckoner rate, market value, circle rate, or consideration value. The sum of any purchase or sale two parties have agreed upon is known as the "consideration value."
For instance, if the circular rate is Rs 50 lakh and the agreement value of your apartment is Rs 60 lakh, the stamp duty would be calculated on the greater amount, i.e., Rs 60 lakh.
Related Article Best Areas to Buy House in Pune
Any Tax Benefits on Stamp Duty from the Government
If you have built or purchased a property, you should learn more about the stamp duty exemption rules. Stamp duty, registration fees, and other expenses directly connected to the transfer may be written off under Section 80C. A maximum deduction of Rs. 1,50,000 is permitted under this section.
Until the property has been registered in the buyer's name, the buyer lacks legal jurisdiction over it. It is essential for a user to register their property with the state government and to pay the associated stamp duty to protect themselves from future fraud of any form. Owners who don't pay their share of the stamp duty will have to pay the penalty later if they don't, too. To maintain possession of the property, the full process is completed. This makes the payment of stamp duty, and registration fees for a property, when stamp duty is paid for the registration of your documents and registration fees are the same as the processing cost necessary.
Related Article How to Rent a House in Pune
How can I Pay Stamp Duty In Pune Online?
Step 1: Open eChallan by going to https://gras.mahakosh.gov.in/. (Maharashtra Stamp Duty Online Payment Portal).
If you want, proceed to Step 2 and register on the portal. (recommended)
Step 3: On the new screen, select the type of transaction you wish to complete after clicking "Pay without Registration" if you decide to pay without registering.
Step 4: Select whether to pay just the stamp duty, registration fees, or both the registration costs and the stamp duty under the heading "Pay to register your document."
Step 5: Enter the correct information in this section, including the district, the sub-registrar office, the party information, the property information, and the property valuation information.
Step 6: All needed is to choose the preferred payment method and produce the challan.
Thank you(read entire article)(posted on: 2022-11-03)
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Top Posh Areas In Pune To Live The Best Luxurious Life By: Anusha Rana
Introduction
Over the last few years, several IT firms and offices have laid a foundation in Pune. Many academic institutions have also set up bases here. The city gives out a call to students, fresh graduates, and professionals from all around. And it has served the cause!
Top Posh Areas in Pune
Do you want to buy flats in Pune? Do you need clarification about the best localities to do so? If yes, look at a detailed list of the most expensive areas in Pune.
Pune is Maharashtra's cultural center. The city is growing in significance when it comes to real estate prices. The number of posh areas in Pune has also increased. This is a result of fresh start-ups. Due to the same, millionaires seek to invest in these locations. This has also drawn high-rise builders, developers, and investors to the posh areas in Pune. So, if you want to know the best residential areas in Pune, keep reading!
1. Kothrud
Kothrud's real estate market has grown in recent years. It contains several beautiful residential residences as well as business ones. Kothrud is the most sought-after location to buy houses in Pune. This is due to its well-developed civic and social infrastructure. There are several IT corporations and well-known colleges in the area. All this makes this a popular destination for both students and working professionals.
2. Erandwane
Erandwane is home to various film schools. This includes the renowned Film and Television Institute of India. This location is one of the best residential areas in Pune, and it has expanded more over the last 3-5 years. It is one of the best areas to live in Pune, with well-established facilities and services.
3. New Kalyani Nagar
New Kalyani Nagar is seeing significant industrial and residential development. It is thus one of the topmost expensive areas in Pune. For a novice to the area, Kalyan Nagar is one of the top localities in Pune. New Kalyani Nagar is accessible from other popular areas in Pune. This location is one of the best in Pune and is near the airport and train station. Due to its status as an IT hotspot, it has acquired popularity among the IT community.
4. Shivaji Nagar
Shivaji Nagar is among Pune's greenest neighborhoods. It has several key government departments, city courts, and academic institutions. The greenery of this locality is what earns this place a spot in our list of best areas to live in Pune. This location gained appeal as well-known builders purchased property here to construct homes. Because of rising housing demands, this area has developed into a wealthy neighborhood.
5. Koregaon Park
Koregaon Park is famous for its lush flora and immaculate cleanliness. This is one of the best areas to buy houses in Pune with business companies and elegant houses. Nature envelopes the area throughout. Koregaon Park not only serves as a renowned residential area, but it has also become a business area.
6. Boat Club Road
Boat Club Road also serves as a fashionable and upscale neighborhood in Pune. It offers villas and bungalows that are ultra-luxurious. The Royal Connaught Boat Club was named after this location, a popular hangout for start-ups in Pune. The Pune-Mumbai highway connects this area to the rest of the city. The highway serves as a significant factor in its expansion. Within a 2-km radius, you have access to all necessary amenities. Living in a rental house in Pune is especially expensive here. This is because it is one of the most affluent areas in Pune.
Thank you(read entire article)(posted on: 2022-11-03)
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How To Check Property Ownership Details Online In India By: Anusha Rana
Introduction
How do you verify property ownership in India online? Currently, it is relatively simple to check and obtain land records. You may obtain all the information on a person's property and its transactional records with a single click. This is a huge help when it refers to proving property ownership personally and when buying/selling property. Reviewing all land records before purchasing a property is critical because real estate is a very opaque market with large monetary stakes.
If you've ever wondered how to check property ownership online in India, this is an excellent source of information.
Step-by-Step Guide on How to Check Property Details Online
When establishing property ownership, keep in mind that you must go to the official land records site of the state where the property is situated.
To begin, you must go to the internet portal for property ownership details in the state to which the property belongs. Following that, you must fill out various needed data such as District, Tehsil, Village, etc. After that, input either of the alternatives from the Khasra number, Khata number, or Khata Owner to determine whether or not the property is registered with the given data. If the property data you submitted is registered, the owner's identity and other pertinent information will be listed on the screen.
For example, suppose you want to check property ownership for a unit in Bangalore, one of India's main metropolises. In that case, you must go to the Government of Karnataka's official land records site. This is the address: http://landrecords.karnataka.gov.in/service84/. Then, before selecting I-RTC, choose Citizen services. Enter the relevant information to acquire land record details.
This is identical to the methods necessary to obtain land and property records/property ownership information in each major Indian state.
The Government of India initiated the "National Land Record Modernization Program" to computerize the Record of Rights. Many states began releasing the Record of Rights online due to the NLMP. Each state has a unique mechanism for checking this information online. Let us explain the procedure for a few states so you can grasp it. You shall then be in a position to examine property ownership details in other states.
How to Check Property Ownership in Maharashtra Online:
Let's look at how to look for land records online if you live in Maharashtra.
1. Visit Maharashtra's official land record website.
2. Maharashtra's official land records website is mahabhulekh.maharashtra.gov.in.
3. "E maha bhumi" is another name for the website.
4. To begin, register and log in to the website.
5. You can view the property information after logging in.
6. Once on the website, choose the district where you want to look for property information.
7. When you choose a district, you will be taken to another page.
8. You must also choose a Taluka (Tehsil) and a Village from the drop-down menu that appears on this page.
9. As a result, you may now search for 7/12 land records by name or survey code.
10. Select Search.
11. Then click on Search to see the 7/12 land registry.
12. As a result, you may readily print this document for your review.
How to Check Property Ownership Online in Delhi:
1. Go to Delhi's official land record website (https://dlrc.delhigovt.nic.in/default.aspx).
2. Select the district from the list and click View Details.
3. Enter information such as the District, Subdivision, Village, and Khata Type.
4. The record is searchable by Khata No, Khasra No, and Name 5.
5. To access land record data, click View Khata Details.
Conclusion
Obtaining property ownership information online is now as straightforward as buying meals through a restaurant delivery service. Thus, whether you are buying or selling property such as "Flats in Kolkata," you may discover how to check property ownership details online in India in only a few clicks.(read entire article)(posted on: 2022-11-03)
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Cost Of Living In Lucknow With Detailed List Of Expenses By: Anusha Rana
Introduction
Lucknow is the capital of Uttar Pradesh, India's fourth-largest state in terms of land area.
The city has a diverse population that thrived under various dynasties that ruled the country at various times. Because of its heritage, culture, art, music, and food, Lucknow is regarded as a culturally rich city.
Lucknow is well-known for its beautiful embroidery work known as Chikankari.
Lucknow is one of the best Tier 2 cities to live in, with several posh areas to live in Lucknow.
Rapid infrastructure development is underway as one of the country's smart cities.
Because the cost of living in Lucknow is lower than in many tier-I cities in India, it has emerged as an aspirational city for professionals, students, and families to settle. There are a lot of properties where you can buy or rent a home, and Many places offer to buy houses/flats in Lucknow. With many rental properties in Lucknow, one can only imagine which to choose for the top-most benefit.
Let us investigate the factors that influence the cost of living in Lucknow.
Factors Influencing Living Expenses in Lucknow
It is important to gather information before making any decisions.
The following factors should be considered when determining the cost of living in Lucknow:
● Current employment and prospects
● Whether you are a family member, a student, or a bachelor/spinster,
● What is your current employment situation?
● The lifestyle decisions that you make
● Transportation and commuting options
● Rent
● Residential property prices
● household costs
● Overhead costs
● Food
● Child care, for example.
Basic Information on Cost of living in Lucknow
Rent of 1BHK apartment Rs 10,000/month
Rent of 2BHK apartment Rs 15,500/month
Electric bill Rs 2,500/month
Local transport Rs 5,000
Taxi Rs 150/8 km
Fuel Rs 95/liter
Internet connection Rs 650/month
Cost of Living in Lucknow for Students
The cost of living in Lucknow for students can be segmented as follows:
Rent Rs 4,000 onwards
Household expenses Rs 5,000 onwards
Internet, Electricity Rs 1,400 onwards
Local transport Rs 1,500 onwards
Lifestyle expenses Rs 750 onwards
Cost of Living in Lucknow for Families
The Cost of living in Lucknow for families depends on:
Rent of 2BHK Rs 15,500 onwards
Household expenses Rs 8,000 onwards
Local transport Rs 1,500 per person
Internet, Electricity Rs 1,400 onwards
Lifestyle expenses Rs 750 per person
Fuel Rs 2,500 per person
Overhead expenses Rs 8,000 onwards
Childcare Rs 6,000 onwards
Cost of living in Lucknow for Bachelors/Spinsters
The following factors will determine the Cost of living in Lucknow for a bachelor:
Rent of Rental properties in Lucknow Rs 8,000 onwards
Local transport Rs 1,500 onwards
Household expenses Rs 6,000 onwards
Lifestyle expenses Rs 750 onwards
Fuel Rs 2,500 onwards
Overhead expenses Rs 2,000 onwards
Lifestyle & Entertainment Rs 800 onwards
Internet, Electricity Rs 1,400 onwards
Related Article Stamp Duty and Registration Charges in Lucknow
Thank you(read entire article)(posted on: 2022-11-03)
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The Largest Smart City Under Construction In Dholera Will Have Luxurious Facilities By: Rakesh Manda
The largest smart city under construction in Dholera will have luxurious facilities.(read entire article)(posted on: 2022-11-03)
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Tips For Nris Planning To Gift Their Property In India By: Property Thane
When contrasted with Indian residents, there are a few extra strides for a NRI while giving a property situated in India.(read entire article)(posted on: 2022-11-01)
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Invest In The Real Estate Sector Of North Bay By: Rick Lopez
North Bay is a city in Canada which is situated beside the lake of nipissing.(read entire article)(posted on: 2022-11-01)
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Main Door Vastu Shastra Complaint Tips For Positive Energy Into Your Home By: MCHI Thane
According to Vastu Shastra, the primary way to your home isn't simply an entry, yet a hotspot for great overall and positive energies into your home. It capabilities as a change region between the inside and outside. This blog incorporates some primary entryway vastu shastra agreeable tips to guarantee the right heading of your home entry.(read entire article)(posted on: 2022-10-31)
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Plots In Kisan Path Road Lucknow | House With 500% Roi By: Aiprog
Get Plots in Kisan Path Road Lucknow Connecting to Outer ring road, Great area for investment purpose . It has a beautiful river view . Contact Now at 9519834609(read entire article)(posted on: 2022-10-29)
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