510earth - Real Estate Consultants Kolkata | Top Real Estate Agents in Kolkata

     Buying a home is one of the most important decisions you’ll make in your lifetime. Thus everyone wants to be sure of their decisions and if anyone gets the proper support and guidance will enhance the home buying experience and make it a good memory for the lifetime and also saves you a lot of money at the time you  buy a house . Home Buying Journey has a lot yet important steps involved. Some of them are inspections, negotiations, and taking out a Home loan. Some people might have carried out these steps before. Even if you’ve done it before, every experience is unique. According to the Household Survey on India’s Citizen Environment & Consumer Economy conducted in 2016, average price an Indian pay for buying a house is a minimum of ₹16Lakhs in a metro city, ₹10 Lakhs in tier 2 city and average of ₹8 lakhs in a tier 3 city,    which is a huge investment. According to  India Ratings and Research (Ind-Ra ),  The Indian real estat...

Income Tax Benefit On Home Loan Deduction of Interest paid on Home Loan for Affordable Housing Do you know you can save 3.5 lakhs on your dream home. “Housing for all” is the Dream Project   launched by PM Shri Narendra Modiji in 2015 under National Mission for Urban Housing, with only one mission to provide House to every citizen of the Country. Under the above objective, the government has now extended the interest deduction allowed for low-cost housing loans taken during the period between 1 April 2019 and 31 March 2020. Along with the existing Section 80EE that a new Section 80EEA has been inserted to allow for an interest deduction from AY 2020-21 (FY 2019-20). The existing provisions of Section 80EE allow a deduction up to ₹50,000 for interest paid by first-time home buyers for loan sanctioned from a financial institution. With a view to extend the benefit and give boost to the real estate sector, the government has extended the benefit for the FY 2019-20. This deduct...

  Are You looking to  Buy a House in Kolkata ? Want to Invest Money in Real Estate in Kolkata, but not sure which is the better location to invest?  Let's Find the Answer Kolkata – the city of joy is one of the most affordable real estate destinations in India, when compared to other metropolitan cities in India. With that being said, there are number of leading real estate developers who resides in Kolkata, known for developing quality homes. Investing in real estate in Kolkata makes it a wise decision as the rates are very low and one can own a branded property and earn high returns that are as good as any other city. To help you in your search, we did a lot of research and listed five localities in Kolkata where the demand for properties is highest. We have made our own metrics to rate the locality as per how suitable it is to live and ranked the localities in the scale from 1 to 5, with 5 being the highest and 1 being the lowest. New Town Score: 5 Average price: ₹5,06...

Homes that comes under ₹ 45 lakhs fall under the category of affordable homes. Do you know there is a provision of deduction up to ₹1.5 lakh in interest on home loans taken for the purchase of house/flats under the category of affordable residential property. Under section 80EEA the deduction from taxable income will now be valid up to March 31 of the next year. Only one rider is attached to this : to avail this benefit, one must not own any other residential property as on the date of sanction of the loan. This rebate is above the ₹ 2 lakh deduction against interest paid on a home loan taken to buy a house under Section 24 of I-T Act. The above discussion means a total rebate of ₹3.5 lakh on interest paid on your home loan. If you are looking to buy a house worth ₹45 lakh and also thinking of taking a loan of ₹40 lakh for the purchase of house, the rebate that you'll get will cover the whole interest amount you have to pay in a year.   Moreover, if you fall in t...

  Most Indians are not in a need of much convincing to buy a home. Become a home-owner is the primary desire which is very deep into Indian Psychology. Buying a home is also a very basic idea of financial planning for most of the people. Then the question is not whether to buy a house, instead when to buy. So here are Top 9 REASONS WHY YOU SHOULD BUY A HOUSE NOW!!!!!!   1.       It is very true that end-users should not try to 'time' the real estate market, but it is very much evident that property rates are at their lowest. There have been no changes in pricing on the ones purchased new from developers for over a year. Buying now is as equivalent to buy houses at the lowest possible price.   2.       There are plenty of options available in the market, even the ready-to-move properties. Moreover, prices of Ready to move properties are almost equal to under-construction homes in many areas. This has never happene...