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Buying a property in India can be an exciting experience, but it's important to know about all the taxes that come with it. In this blog, we'll be discussing the different taxes that you'll need to pay before and after buying a property in India, and how they can affect your budget.
The country's financial capital, Mumbai, is the epicenter of economic, industrial, and financial activities. With a population of over two crores, the Maximum City remains the land of opportunity, contributing above 6% of India’s GDP alone, which is ₹4.95 lakh crores, with an estimated 25% of industrial production, 70% of maritime trade, and 70% of capital transactions and also leading the country in income tax payments.
Property investment is one of the most popular forms of investment today. It can be a great way to build wealth and generate passive income. Moreover, it is a relatively safe form of investment compared to other asset classes. Investing in property can be done in many ways, such as buying a home, an apartment, a villa, a commercial space, or even land.
One of the most debated topics in the real estate sector is the difference between living in an apartment and an independent house, based on the pros and cons. However, it is necessary first to understand their terminologies.
An upmarket residential neighborhood in South Mumbai, Malabar Hill, derives its name from the 12th-century Walkeshwar Temple, which the Silahara Kings founded. According to our historians, a renowned Keyi Family of Nothern Malabar in Kerala had control over many parts of Mumbai, including the posh Malabar Hill.
As we kickstart 2023, the real estate market is bracing for an exciting year filled with new opportunities and challenges. In fact, as per the industry reports, India’s real estate market is set to boom and reach Rs 13,00,000 crores in the upcoming year.
2023 is here, and there are several things to look forward to in terms of home interior trends. While 2022 was all about calming colour palettes and soft and all-encompassing furniture bringing a general sense of serenity, 2023 is all set to be about bright colours and statement-making individualism.
There is no denying the fact that Mumbai’s real estate sector is booming. In fact, it is considered one of the country's most expensive ones. While the demand for luxury homes here is still increasing, some have started looking for alternatives.
South Mumbai is home to some of India's most luxurious real estate. No wonder its properties are among the most expensive in the country. But what is it about South Mumbai that makes it so opulent?