Reduction in Stamp Duty in Maharashtra , Perfect time to Buy Property

In the current situation due to lock-down many businesses are close due to which government loosing crores rupees revenue , So to overcome this government has given the boost to major revenue contributor i.e. to Real Estate by taking big decision to Reduce the stamp duty by 3% from 1 st September till 31 st December and reduction of 2% stamp duty from 1 st January till 31 st March.

After that depending upon the market situation government is going to take further decision.

Due to which now there is best ever time to those who were hunting properties or those who are looking good option for investment purpose.

As we already know there is lowest rate of interest on home loan as this is lowest repo rate from last two decades. Also now a days builder are giving best deal and offers to genuine buyers so it's time to take action it's time to take right move and it's time to buy property.

Estate Meet : 9112073377

Comments

What Is The Safest Investment Today ?

With many banks failing, in the current scenario, many people feel that it may not be wise to keep hard earned money in Banks. Stock Markets and other forms of Financial Investments are also losing their valuations & hence their charm among investors off-late! So, what’s the best option in the current situation? INVEST IN REAL-ESTATE! 1. It is a 'physical asset' and the Property is accessible, 24 x 7: No sudden closure of the building gate (like Banks nowadays) 2. The property doesn't shrink in size: Physical assets cannot vanish or reduce in size - whereas, in case of Bank accounts, RBI secures only small amount of your bank balance and deposits. 3. No Limit on withdrawals: You can sell any time , and get your entire money out - yes, it may take time to sell , but eventually every property sells! 4. You will earn rental income: Put the property on Rent and earn between 2.5 - 8% rental returns. Most savvy investors are investi...

Benefits of Repo Rate cut by RBI to Home Buyers

To maintain economy and Real Estate Sector, the Reserve Bank of India (RBI) governor, Shaktikanta Das announced rate cuts in Repo Rate to stave off a corona-virus-related recession on 27/03/2020. This might soothe the nerves of equity investors and reduce EMIs for Home Buyers . The RBI, cut the repo rate and reserve repo rate by 0.75 % and 0.90 %, respectively . The repo rate now stands at 4.4 per cent and reserve repo rate at 4 per cent. Here is a look at how today's rate cut will give benefit to Home Buyers Benefit of the rate cut on Home Buyers The unexpected rate cut is likely to reduce equated monthly installments (EMIs) of borrowers, and also make it cheaper to take new loans . Here's an example of how your home loan is likely to be impacted under the new external benchmark regime. If any Male Salaried buyer takes 30,00,000 Rs Home Loan for tenure of 20 years, then as per current rates he has ...

RERA Extended Date Of Completion | Estate Meet

Revision of Project Registration Validity and Extended Timeline for Statutory Compliances, in view of Covid 19 Pandemic. Whereas, Globally, countries and governments are struggling to cope with health and economic crisis caused by sudden outbreak and rapid spread of Novel Coronavirus (COVID-19). Whereas, World Health Organization (WHO), On 11th March 2020, declared Novel Coronavirus (COVID-19) as a pandemic and called for the countries to take immediate actions to save human lives. Whereas, Since Mid-March 2020, Maharashtra Government by way of precaution and to stop this contagious virus from further spreading has been declaring controlled lockdowns, in the manner that partial workforce has been able to attend work / construction sites. Further, from 24th March 2020, a complete lockdown of the entire country for Twenty-One days (i.e. until 14.04.2020) has been declared, allowing only operation of select essential services. In view of these partial lockdowns / rece...

Estate Meet

Search This Blog