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Investing in Property

Questions Answered (23)

with a budget of 45lacs - where to buy in navi mumbai to get good appre.

Aditya Verma

CEO & Business- Head
Makaan.com

You can look at any of these locations - Panvel, Taloja and Ulwe.

I want to invest in good location in Mohali with good returns in long term. Can you please suggest the properties?

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer.

Which is a better investment in Mumbai projects - 2 BHK in Vasant Oasis Phase 3 borosil plot, andheri marol or mayfair hill crest POwai Extn Vikhroli

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer. However, for investment purpose, Powai is good and gave appreciation of around 30-38%

Dear Sir, Please suggest some decent projects build by Reputed builder with excellent plan/construction quality in Pune. I am currently working in Hinjewadi. Carpet area around 1500-1800 sq ft. would be an ideal match. My budget lies between 50-70 L. Interested in Big Society, Villas or Row houses with good amenities and security. Under construction/ about to start project will also suffice my requirement

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer. You can look at Hinjewadi, the price appreciated by 18% last year according to our “Top 50 investment report”

looking to start a business in Nagpur city for which i need min 500sqrft shop/showroom space please suggest the area where to purchase or take on lease

Aditya Verma

CEO & Business- Head
Makaan.com

No Comments

Dear Sir, i am planning to buy one flat (2bhk)at IYYAPANTHANAGAL , PORUR, CHENNAI, for invesment pourpose. project name: colour country. Builders name : colorhomes developers. need your advice for the same.

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer. However, Porur is a good area to invest.

Must we invest in apartments or in plots for higher appreciation in bangalore ?

Aditya Verma

CEO & Business- Head
Makaan.com

It is completely your choice whether you want to move into apartment or construct a house. However, for better appreciation, you can look at following localities which comes under Top 50 investment options in India , a research conducted by Makaan.com. These localities appreciated from 10-30% last year, which is mentioned below and expected to give good returns in future

more (16)

Property rates in India

Rates powered by:

Note
Mumbai Metropolitan Region Capital Values Rate/Sq ft (INR) (min / max)
Andheri East 13575 - 20987
Andheri West 16573 - 26462
Badlapur 2963 - 4258
Bandra West 31242 - 51600
Bhayandar East 6219 - 8859
Bhayandar West 6157 - 10060
Borivali East 11209 - 17930
Borivali West 12526 - 18986
Chandivali 15316 - 20018
Chembur 12928 - 21686
Dadar East 23211 - 38694
Dadar West 25611 - 39131
Dahisar East 7914 - 13635
Dahisar West 11724 - 16907
Dombivli 4857 - 7711
Ghatkopar East 13278 - 24168
Ghodbunder Road 7523 - 11964
Goregaon East 12322 - 19656
Goregaon West 12591 - 18941
Jogeshwari East 13388 - 21955
Jogeshwari West 11975 - 21203
Juhu 24884 - 39208
Kalamboli 5292 - 7266
Kalyan 4753 - 7338
Kamothe 5849 - 7847
Kandivali East 11978 - 18422
Kandivali West 10557 - 17729
Khar West 28338 - 47228
Kolshet Road 7833 - 11471
Mahim 21657 - 36071
Majiwada 9800 - 13908
Malad East 11013 - 18122
Malad West 10912 - 18482
Manpada 9352 - 13469
Marol 13709 - 19188
Matunga East 26846 - 40772
Matunga West 24465 - 38591
Mira Bhayandar 5902 - 8594
Mira Road 5961 - 8985
Mulund East 12831 - 18533
Mulund West 12398 - 19688
Nerul 9318 - 15416
Panvel 4391 - 7290
Parel 19998 - 32657
Pokharan Road No. 2 9928 - 13941
Prabhadevi 30898 - 48667
Santacruz East 16135 - 25867
Santacruz West 27090 - 45005
Sion 13257 - 24391
Taloja 3737 - 5556
Taloje Panchanand 3594 - 5340
Tardeo 35429 - 57833
Thane West 8828 - 14457
Vasai 4117 - 6317
Versova 15823 - 25989
Vile Parle East 21413 - 33089
Vile Parle West 22228 - 38585
Virar 3517 - 5451
Wadala 16679 - 24957
Worli 28447 - 45110
New Delhi Capital Values Rate/Sq ft (INR) (min / max)
Alaknanda 10905 - 15514
Burari 3103 - 4755
Chhattarpur 3204 - 5261
Chittaranjan Park 10940 - 17746
Defence Colony 21612 - 34979
Dilshad Garden 6045 - 9295
Dwarka Mor 3394 - 5330
Dwarka Sector 10 7023 - 9852
Dwarka Sector 12 6665 - 9932
Dwarka Sector 19 6669 - 9554
Dwarka Sector 22 7049 - 10324
Dwarka Sector 6 6819 - 9725
Dwarka Sector 7 6795 - 9681
Dwarka Sector 8 5982 - 8752
East of Kailash 12828 - 20844
Govindpuri Main 3277 - 5483
Greater Kailash 1 13650 - 22337
Greater Kailash 2 14988 - 24467
Green Park 15418 - 25123
Hari Nagar 5715 - 8641
Hauz Khas 17014 - 29103
Indraprastha Extension 8758 - 13054
Janakpuri 7594 - 13475
Kalkaji 9735 - 16345
Kirti Nagar 7426 - 12456
Krishna Nagar 4509 - 8522
Lajpat Nagar 10377 - 17568
Laxmi Nagar 4624 - 7453
Mahavir Enclave 3999 - 6153
Mahavir Enclave Part 1 3961 - 6095
Malviya Nagar 9816 - 16193
Mayur Vihar 1 9134 - 15313
Mayur Vihar 3 6616 - 10773
Mehrauli 3127 - 5178
Moti Nagar 11092 - 14030
Najafgarh 3712 - 6706
New Friends Colony 13995 - 23644
Palam 3842 - 5747
Paschim Vihar 8892 - 13181
Patel Nagar 7788 - 12344
Patel Nagar West 8052 - 12719
Patparganj 8574 - 13132
Pitampura 7779 - 13942
Preet Vihar 9695 - 15468
Rajouri Garden 7949 - 12060
Ramesh Nagar 6583 - 10323
Rohini Sector 13 9726 - 14969
Rohini Sector 16 6167 - 9508
Rohini Sector 24 5598 - 8780
Rohini Sector 9 10583 - 16339
Safdarjung Enclave 15467 - 24546
Saket 14444 - 21008
Sarita Vihar 8170 - 11957
Shahdara 4150 - 6784
Subhash Nagar 5517 - 8758
Tilak Nagar 4280 - 6715
Uttam Nagar 3221 - 5058
Uttam Nagar East 3183 - 5281
Uttam Nagar West 3206 - 4892
Vasant Kunj 10325 - 15767
Vasant Vihar 19533 - 34645
Vasundhara Enclave 8009 - 11171
Vikaspuri 7466 - 11955
Kolkata Capital Values Rate/Sq ft (INR) (min / max)
Action Area 1 3993 - 6061
Action Area 2 3560 - 5618
Action Area 3 3690 - 5713
Airport Area 2489 - 3585
Baghajatin 2911 - 4484
Baguiati 2606 - 4287
Baguihati 2664 - 4408
Ballygunge 7105 - 12317
Bansdroni 2747 - 4818
Baranagar 2625 - 3848
Barasat 1834 - 3045
Barrackpore 1974 - 3359
Baruipur 1935 - 2618
Behala 2857 - 4672
Behala Chowrasta 2764 - 4337
Belghoria 2566 - 3952
Bhawanipur 7143 - 12170
Birati 2655 - 3837
Chinar Park 2973 - 5428
Dakshineswar 2733 - 4140
Dhakuria 4108 - 6342
Dum Dum 2462 - 3865
Dum Dum Cantonment 2287 - 3280
Garia 2885 - 4771
Gariahat 7814 - 12486
Howrah 2416 - 4043
Jadavpur 3856 - 6641
Jodhpur Park 6226 - 9845
Joka 2411 - 3900
Kaikhali 2815 - 4347
Kalikapur 3497 - 5186
Kankurgachi 5046 - 8692
Kasba 3774 - 5866
Keshtopur 2689 - 3901
Kudghat 2705 - 4304
Lake Gardens 3807 - 6607
Lake Town 3684 - 5693
Mukundapur 2989 - 4581
Nager Bazar 2804 - 4525
Naktala 3322 - 5499
Narendrapur 2727 - 4568
Nayabad 2719 - 3813
New Alipore 5058 - 8075
New Town 3775 - 5930
Park Circus 5439 - 7829
Patuli 3811 - 5871
Picnic Garden 3094 - 5267
Prince Anwar Shah Road 7818 - 13307
Rajarhat 3334 - 5556
Rajarhat Newtown 3607 - 5804
Salt Lake City Sector 5 4310 - 6316
Santoshpur 3311 - 5163
Sinthi 2852 - 4228
Sodepur 2122 - 3855
Sonarpur 2263 - 3590
Southern Avenue 8489 - 12761
Thakur Pukur 2194 - 3621
Tollygunge 3423 - 6373
Ultadanga 5877 - 9782
Uttarpara 2303 - 3509
VIP Road 3124 - 5361
Hyderabad Capital Values Rate/Sq ft (INR) (min / max)
Alkapur Township 2523 - 3238
Alwal 1905 - 2953
Ameerpet 3059 - 5069
Appa Junction 2853 - 4511
Attapur 2733 - 3966
Bachupally 1789 - 2754
Banjara Hills 5014 - 8269
Beeramguda 2629 - 3911
Begumpet 3269 - 5761
Boduppal 2346 - 3965
Bowenpally 2389 - 3497
ChandaNagar 2614 - 4031
Dammaiguda 2120 - 3225
Gachibowli 2981 - 5233
Gajularamaram 2233 - 3078
Hafeezpet 2968 - 4488
Himayath Nagar 3321 - 6015
Hitech City 4229 - 6484
Jubilee Hills 4568 - 7135
Kokapet 3359 - 4561
Kompally 2195 - 3168
Kondapur 3498 - 5116
Kukatpally 2768 - 4911
LB Nagar 2572 - 3852
Madhapur 3974 - 6208
Madinaguda 2855 - 4247
Malkajgiri 1805 - 3037
Manikonda 2458 - 3631
Mehdipatnam 2921 - 4395
Miyapur 2186 - 3678
Moti Nagar 3265 - 4489
Nagole 2264 - 3450
Nallagandla 3337 - 5334
Nanakramguda 3905 - 5295
Narsingi 3424 - 4583
New Nallakunta 2763 - 4564
Nizampet 1988 - 3234
Pragathi Nagar 2060 - 3053
Puppalaguda 2555 - 3553
Rajendra Nagar 2492 - 4405
Sainikpuri 2244 - 3387
Sanath Nagar 4073 - 5571
Secunderabad 2458 - 4161
Shaikpet 4231 - 6212
Tellapur 3257 - 5109
Toli Chowki 2501 - 3708
Uppal 2595 - 4250
Bengaluru Capital Values Rate/Sq ft (INR) (min / max)
AECS Layout 2093 - 4366
Banashankari 4568 - 6899
Banashankari Stage 3 4537 - 6982
Banaswadi 3771 - 6218
Bannerghatta Main Road 3550 - 6028
Basavanagudi 6885 - 11685
Basaveshvara Nagar 6719 - 12081
Bellandur 4555 - 7470
Bommanahalli 3351 - 4850
BTM Layout 4490 - 6684
BTM Layout Stage 2 4672 - 6906
CV Raman Nagar 3625 - 5478
Devanahalli 3893 - 5713
Electronic City 2980 - 4964
Electronic City Phase 1 3189 - 5211
Electronic City Phase 2 2727 - 4759
Frazer Town 6602 - 10998
HBR Layout 3577 - 5722
Hebbal 4520 - 7859
Hebbal Kempapura 4814 - 8439
Hennur 3611 - 5854
Hennur Main Road 4397 - 6561
Hoodi 3390 - 5613
Horamavu 3423 - 5255
Hosa Road 3472 - 5592
Hoskote 2577 - 3825
HRBR Layout 7411 - 11882
HSR Layout 3874 - 6330
Indira Nagar 7238 - 12003
Jayanagar 8311 - 12836
JP Nagar 4010 - 6815
JP Nagar Phase 1 5160 - 7319
JP Nagar Phase 7 3997 - 6693
Kadugodi 3041 - 4867
Kaggadasapura 3660 - 4940
Kalyan Nagar 2915 - 4468
Kanakapura Road 3631 - 5940
Kasavanahalli 4045 - 6186
Kengeri 3158 - 4748
Koramangala 7065 - 12159
KR Puram 3004 - 4885
Kumaraswamy Layout 3999 - 5484
Kundalahalli 4071 - 6216
Mahadevapura 3303 - 5795
Malleshwaram 9158 - 14418
Manyata Tech Park 4568 - 6896
Marathahalli 4303 - 6969
Marathahalli-Sarjapur Outer Ring Road 5479 - 7563
Mysore Road 3586 - 5672
Nagarbhavi 3373 - 5111
New Thippasandra 1858 - 3190
Panathur 4081 - 5946
Rajaji Nagar 8992 - 15130
Rajarajeshwari Nagar 3221 - 5220
Ramamurthy Nagar 2582 - 4728
RT Nagar 3493 - 5371
Sahakara Nagar 4574 - 6911
Sanjay Nagar 4587 - 7319
Sarjapur 2848 - 4677
Sarjapur Road 4123 - 6940
Thanisandra 4194 - 6324
Uttarahalli 3406 - 5288
Varthur 3247 - 5357
Vidyaranyapura 3073 - 4842
Vijayanagar 4429 - 6594
Whitefield 3672 - 6302
Yelahanka 3801 - 5930
Yelahanka New Town 3438 - 5554
Yeshwantpur 4996 - 8241
Chennai Capital Values Rate/Sq ft (INR) (min / max)
Adambakkam 5002 - 7707
Adyar 8277 - 13941
Ambattur 3459 - 5360
Anna Nagar 7965 - 13507
Arumbakkam 6161 - 9780
Avadi 2742 - 4048
Chitlapakkam 4266 - 5685
Chromepet 3850 - 5787
East Coast Road 3963 - 7329
Egmore 10573 - 17530
Guduvancheri 2704 - 3854
Iyyappanthangal 3504 - 4794
Kattupakkam 3544 - 4930
Keelkattalai 4104 - 5913
Kelambakkam 3087 - 4244
Kilpauk 8489 - 13166
Kodambakkam 6339 - 11666
Kolathur 4340 - 6220
Korattur 4926 - 8283
Kovilambakkam 3838 - 5317
Madambakkam 3490 - 4810
Madhavaram 3920 - 5131
Madipakkam 4165 - 6155
Mambalam West 6993 - 11123
Manapakkam 4694 - 6002
Mangadu 3662 - 5967
Medavakkam 3797 - 5417
Mogappair 4981 - 7610
Mogappair West 5017 - 7088
Nanganallur 4971 - 8088
Nanmangalam 3518 - 5054
Navalur 3736 - 5460
Nungambakkam 12398 - 20983
Old Mahabalipuram Road 3376 - 5824
Oragadam 2776 - 4463
Padur 3570 - 4943
Pallavaram 3901 - 5437
Pallikaranai 4262 - 5771
Pammal 3395 - 4963
Perambur 4788 - 6913
Perumbakkam 3361 - 4606
Perungalathur 3416 - 5006
Perungudi 4964 - 7139
Poonamalle 3007 - 4545
Porur 5079 - 7601
Rajakilpakkam 3806 - 5303
Ramapuram 4911 - 7295
Saligramam 5521 - 9031
Selaiyur 3504 - 5259
Sholinganallur 4153 - 6385
Sithalapakkam 3273 - 4721
T Nagar 7940 - 13215
Tambaram 3365 - 5251
Tambaram East 3640 - 4999
Tambaram West 3242 - 4669
Thiruvanmiyur 7611 - 14176
Thoraipakkam 5330 - 8307
Urapakkam 2945 - 4229
Valasaravakkam 5235 - 7978
Velachery 5319 - 8708
Villivakkam 4742 - 6826
Virugambakkam 5625 - 8552
Pune Capital Values Rate/Sq ft (INR) (min / max)
Akurdi 4921 - 6978
Ambe gaon 4244 - 6396
Ambegaon Budruk 3831 - 6161
Aundh 6874 - 11010
Balewadi 5743 - 7834
Baner 5702 - 8506
Baner - Pashan Link Road 6156 - 9036
Baner Road 5495 - 8304
Bavdhan 5310 - 7805
Bhosari 4270 - 6439
Bhugaon 4179 - 6557
Bibwewadi 6130 - 9519
Boat Club Road 11747 - 19017
Chakan 2848 - 4121
Chikhali 3856 - 5923
Chinchwad 4841 - 7132
Chinchwad Gaon 4710 - 7091
Dange Chowk 5304 - 6937
Dhankawadi 3794 - 6191
Dhanori 4150 - 6316
Dhanori Lohegaon Road 3859 - 5945
Dhayari 4018 - 6213
Dighi 3894 - 5968
Erandwane 9331 - 14690
Fatima Nagar 5370 - 7611
Hadapsar 4541 - 7743
Hinjewadi 4844 - 6731
Kalewadi 4691 - 6948
Kalyani Nagar 7087 - 11896
Karve Nagar 6570 - 11619
Kaspate Vasti 5400 - 7349
Katraj 3950 - 6637
Katraj Kondhwa Road 4310 - 6424
Keshav Nagar 4500 - 6321
Kharadi 5352 - 7494
Kondhwa 4204 - 6842
Koregaon Park 8229 - 13979
Kothrud 7421 - 11595
Lohgaon 3910 - 5645
Magarpatta City 6276 - 9194
Manjri 3926 - 5870
Market Yard 4634 - 7299
Model Colony 12328 - 17918
Moshi 3691 - 5574
Mundhwa 4597 - 6586
Narhe 3686 - 6013
NIBM Road 5111 - 7460
Nigdi 5245 - 7744
Pashan 5900 - 8233
Pashan-Sus Road 5660 - 8246
Pimple Gurav 5110 - 7610
Pimple Nilakh 5842 - 8412
Pimple Saudagar 5928 - 7738
Pimpri 4870 - 7472
Pimpri Chinchwad 4965 - 7453
Pirangut 2662 - 4525
Prabhat Road 12393 - 18396
Punawale 4427 - 5916
Rahatni 5293 - 7003
Ravet 4629 - 6645
Sadashiv Peth 8007 - 12492
Satara Road 3901 - 6754
Shivaji Nagar 11713 - 17783
Sinhagad Road 4747 - 7647
Sus 4670 - 6325
Talegaon Dabhade 3161 - 4666
Tathawade 5093 - 6523
Thergaon 5217 - 7300
Tingre Nagar 4244 - 6048
Undri 3805 - 5727
Viman Nagar 6468 - 9455
Vishal Nagar 5438 - 8110
Vishrantwadi 5062 - 7423
Wadgaon Sheri 5024 - 7638
Wagholi 3778 - 5608
Wakad 5338 - 7295
Wakad-Hinjewadi 5086 - 7070
Wanawari 5514 - 8581
Warje 5525 - 8037
Noida Capital Values Rate/Sq ft (INR) (min / max)
Sector 100 5016 - 6334
Sector 104 7069 - 9738
Sector 107 4894 - 6512
Sector 108 4787 - 6135
Sector 110 4322 - 5984
Sector 118 3438 - 4681
Sector 119 4088 - 5598
Sector 120 4240 - 5837
Sector 121 2317 - 3288
Sector 128 4857 - 8109
Sector 134 3706 - 5031
Sector 135 3955 - 5385
Sector 137 4350 - 5826
Sector 143 4018 - 5244
Sector 150 3921 - 5322
Sector 168 4091 - 5567
Sector 21 5911 - 8101
Sector 29 6191 - 9632
Sector 34 5511 - 8074
Sector 37 5885 - 9409
Sector 41 6792 - 13082
Sector 44 6299 - 9551
Sector 45 5318 - 7418
Sector 46 4571 - 5623
Sector 47 5629 - 10694
Sector 49 2518 - 3909
Sector 50 5551 - 8635
Sector 51 4964 - 7600
Sector 61 5782 - 8655
Sector 62 4805 - 7066
Sector 70 4562 - 5973
Sector 73 2385 - 3468
Sector 74 4273 - 5469
Sector 75 4157 - 5527
Sector 76 4385 - 5507
Sector 77 4591 - 5950
Sector 78 4548 - 6152
Sector 79 3614 - 5035
Sector 82 4298 - 6238
Sector 93 4885 - 8113
Sector 93A 4635 - 7932
Sector 93B 6150 - 9319
Gurgaon Capital Values Rate/Sq ft (INR) (min / max)
Ardee City 4945 - 7878
DLF City Phase 1 7652 - 13017
DLF City Phase 2 7229 - 12130
DLF City Phase 3 5742 - 9228
DLF City Phase 4 9971 - 12390
DLF City Phase 5 10372 - 13710
Dwarka Expressway 3804 - 6380
Golf Course Extn Road 6650 - 9522
Golf Course Road 9218 - 14744
Gurgaon - Faridabad Road 5532 - 7859
Malibu Town 6050 - 9722
Manesar 3352 - 5527
New Gurgaon 3823 - 5775
Nirvana Country 6682 - 8965
Orchid Island 6978 - 9444
Palam Vihar 5384 - 8697
Sector 103 3442 - 5410
Sector 109 3870 - 6259
Sector 22 8138 - 11015
Sector 23 6014 - 10793
Sector 30 9734 - 12971
Sector 31 8132 - 12294
Sector 33 6183 - 8760
Sector 37C 3492 - 5278
Sector 37D 3736 - 5687
Sector 40 4913 - 8257
Sector 43 9175 - 13690
Sector 45 5616 - 10152
Sector 46 4996 - 8741
Sector 47 6648 - 9922
Sector 48 7785 - 10530
Sector 49 7440 - 9813
Sector 50 6857 - 9328
Sector 51 5848 - 9076
Sector 52 5365 - 8537
Sector 54 11289 - 15527
Sector 56 5916 - 8306
Sector 57 6320 - 8793
Sector 65 5225 - 8508
Sector 66 7000 - 9320
Sector 67 6196 - 9116
Sector 68 4513 - 6969
Sector 69 4874 - 6464
Sector 7 4865 - 8910
Sector 70 5047 - 7360
Sector 81 4281 - 6080
Sector 82 4012 - 5982
Sector 83 4343 - 5754
Sector 84 3617 - 5370
Sector 86 3654 - 5366
Sector 92 3318 - 5580
Sohna 3123 - 5004
Sohna Road 5965 - 9478
South City 1 6434 - 10508
South City 2 5455 - 9176
Suncity 9973 - 14549
Sushant Lok 8782 - 14424
Sushant Lok 1 6285 - 10634
Sushant Lok 2 5436 - 8532
Sushant Lok 3 4885 - 7897
Uppal Southend 4951 - 8403
  • Excessive supply in a city or area means less demand

    Most cities have pockets with excessive supply, as well as pockets wherein supply is severely constrained. Despite concern about economic...

  • The metros are still the best places to invest in real estate

    Property prices in many of the metros have skyrocketed. Investors observe these trends, analyse the magnitude and scope of activity,...

  • Major Indian developers are abandoning the MIG sector and concentrating on high-end residential projects because it makes better business sense.

    Most big-banner developers still see sense in constructing mid-income housing projects, since they can construct more volumes. The demand in...

  • There is a 'bubble' in the Indian real estate market, and it will burst soon

    It is certainly true that many units in cities are not proving to be slow movers because of the current...

Tools

Diipesh Bhagtani

Executive Director , Jaycee Homes

(24 Nov- 13:00hrs)

Property Guide

The agreement to borrow money in order to buy property is known as

Personal loan

Mortgage loan

Business loan

Auto loan

SUBMIT

CLASSROOM

Types of documents to check before buying property

Naushad Panjwani, Sr ED ,Knight Frank India explains what are all the important documents one should check before buying any property.

Feb 03 2014,19:19

FAQs

Q.
What are the risks involved in residential property investment?

The risk factor in real estate investment lies in the possibility of buying at a higher price and having to sell at a lower one in a depressed market. It is also risky to try time the market to discern the 'best' time to invest. Much like in the stock market, it is impossible to predict the point of lowest ebb in the real estate market. The danger in delaying investment too long is two-fold - firstly, one may lose out on the best properties, and secondly, the market may pick up ahead of one's predictions, meaning that the lower rates may no longer be available.

Q.
Is a POA revocable?

Yes, a POA can be either revocable or irrevocable, depending on what sort of a POA one has made.

Q.
Does availing of a teaser loan make sense?

Availing of a temporarily discounted home loan without taking a protracted view of one's financial position is not advisable. One should be aware of the manner in which one's finances will be affected after the teaser period is over and real-time lending rates kick in.

Q.
What are the risks associated in buying a flat on Power Of Attorney (POA) basis?

Purchasing a flat on a POA basis is not permitted.

Q.
What is the difference between built up area, super built up area, and carpet area?

Carpet Area: Carpet Area of a property is defined as the net usable area from the inner sides of one wall to another. Carpet Area comprises of the carpet area of the demised premise, toilet areas within the demised premises, AHU room/s within the demised premises and dedicated service areas for the demised premises. Built-up Area (BUA): BUA consists of carpet area, area covered by inner and outer walls and additional areas mandated by the authority such as flower beds, dry balcony etc. Super Built-up Area (SBUA): SBUA consists of BUA and the proportionate area under the common spaces of a building like lobby, staircases and elevators.

Q.
What are the possible returns of investing in commercial versus residential property on rent?

The rental yield for commercial property is usually 9-12%. In contrast, the yield for residential property is much lower at 3-4%.

Q.
What are all the important documents one should check before buying any property?

While purchasing a property, you have to look at the approved layout plan, approved building plan, ownership documents, carryout title search, etc.

Q.
What are the tax implications of sale of any house property, commercial or residential?

For the purpose of Real Estate the Long-term Capital gain would be only if you hold the property for more than three years, then it is subjected to tax @20%. In case you sell the property in less than three years time then it would become short-term Capital Gain and the same is required to be taxed at the prevailing tax schedule of the rate applicable to the assessee depending on his other incomes.

Q.
What are the factors to keep in mind while investing in residential property for capital appreciation?

The fundamental aims of any residential property investment should be to maximise yield as well as capital gains and to reduce the risk as far as possible. To illustrate, renovating and embellishing a property makes it eligible for a higher rent, which means maximised yield. Property investment aimed at capital gains involves buying real estate cheap and selling it at a higher rate, thereby maximising one's ROI. An astute investor will also buy a well-located property at a high price if the rental market is booming, since this makes it possible to rent it out for as long as it takes price to rise again.

Q.
Is there any way by which I can claim exemption from tax on capital gain?

Several options are available for saving capital gains. For example, in the first place invest in a residential house property or a flat to make investment so as to see that capital gains are exempted. Likewise, if a person were to make the investment in REC or NHAI bonds then also he enjoys complete exemption from the long-term capital gain payable by him in respect of capital gains due.

Q.
Which are the instruments that attract the payment of Stamp Duty?

The instruments like Agreement to Sell, Conveyance Deed, Exchange of property, Gift Deed, Partition Deed, Power of Attorney, settlement and Deed and Transfer of lease attract Stamp Duty on market value of the property.

Q.
What are the different ways of investing in commercial property?

There are three ways to invest in commercial real estate - directly buy office space from a developer, buy shares of a commercial developer from the stock market, or invest in a real estate fund focused on commercial real estate. As the quantum of investment is usually huge, the prospective buyer needs to take more informed decisions.

Q.
Does it make sense to buy a home now?

That depends on one's actual objectives and level of need. If one is a first-time home buyer, attempting to time the market makes little sense. Any correction will be a brief phenomenon, and prices inevitably rise again. This is a risky game that only investors should play.

Q.
What exactly do we mean by a Free Hold flat? What are the advantages and disadvantages, if any?

A freehold property flat is one where there is a whole and sole owner/s, ownership is full and unconditional and there is no lessor / lessee involved.

Q.
In whose name are the stamps required to be purchased?

The stamps are required to be purchased in the name of any one of the executors to the Instrument.

Q.
Who is liable to pay Stamp Duty-the buyer or the seller?

The buyer is liable to pay the stamp duty.

Q.
What is meant by the market value of the property and is Stamp Duty payable on the market value of the property or on consideration as stated in the agreement?

Market value of property is the price at which there is a willing buyer and a seller agreeing to the transfer the property at an arm's length transaction. Stamp duty is levied on the ready reckoner rate or the agreement price, whichever is higher.

Glossary

Abatement notice

A notice served on the owner(s) or occupier(s) of a property from which a private nuisance arises, warning them of the intention to enter on the land in order to abate the nuisance.

Absolute title

The right of ownership of a mortgage deed, which gives the right, in certain specified circumstances, to demand repayment in full, of the outstanding debt than the due date. Or a clause in a deed or contract, which provides for the early termination of an exciting interest in land, in certain specified circumstances, thereby advancing the future interest.

Agreement for lease/sale

A contract to enter into a lease (or sale), which in order to be enforceable either must be evidenced in writing and signed by the person against whom action is taken for the breach of the alleged contract and there must be a sufficient act of part performance.

Alternative user value

The value of land and buildings which reflects a prospective use which is different from that of the current use.

Anchor tenant

One or more department or variety chainstores, or supermarkets, introduced into a shopping centre in key positions to attract the shopping public into the centre for the purpose of encouraging other retailers to lease shops en route. The larger the developments the more anchors required.

Asset valuation

In the property market this expression is applied to the valuation of land and buildings or plant and machinery. The term is often used to describe an expert opinion of the worth of a property which may be incorporated into company accounts, where the ownership of the asset is not necessarily to be transferred but the valuation is required for the company takeovers, share flotation or mortgages.

Assignment

The transfer of a property interest, especially a lease, from one party to another.

Atrium

An entrance hall of a building, often rising through a number of storeys and containing lifts, reception areas and plants. Originally the hall or chief apartment of a Roman house.

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  • Excessive supply in a city or area means less demand

    Most cities have pockets with excessive supply, as well as pockets wherein supply is severely constrained. Despite concern about economic growth and high inflation, areas with excessive supply will continue to see demand, and therefore price appreciation. As long as an area is seeing infrastructure development, it remains a safe investment bet.

  • The metros are still the best places to invest in real estate

    Property prices in many of the metros have skyrocketed. Investors observe these trends, analyse the magnitude and scope of activity, and identify one or the other new town as the next coming thing. A fundamental real estate investment mantra is that emerging localities are preferable to established and often saturated ones. Established areas eventually reach a peak in terms of appreciation potential, after which the growth rate either slows down or stagnates. Moreover, there is little scope for new market drivers such as malls to find a place in saturated localities – meanwhile, prices remain high. This is not the best of scenarios from an investment point of view, since optimal investment requires low entry levels and appreciable growth within a realistic timeframe. Therefore, as one or the other destination reaches its peak potential on all these counts, new ones come into the limelight.

  • Major Indian developers are abandoning the MIG sector and concentrating on high-end residential projects because it makes better business sense.

    Most big-banner developers still see sense in constructing mid-income housing projects, since they can construct more volumes. The demand in terms of units is phenomenal and developers getting into this segment can build for years to come. They have the assurance of sure-shot absorption, as well. Most major Indian developers are ‘not’ shifting from affordable to high-end housing -- only branching out. While they get into middle-segment housing, they continue to build high-end projects.

  • There is a 'bubble' in the Indian real estate market, and it will burst soon

    It is certainly true that many units in cities are not proving to be slow movers because of the current price points, and developers do need to re-calibrate their bottomlines while still remaining viable as businesses. Since the only way to catalyse healthier sales at this point is offering buyers tangible financial relief, a reduction in rates will work best. In fact, new projects are already being launched at lower rates and good deals are available at the negotiation table for serious buyers. In other words, we are not looking at a bubble that is likely to burst, but at a gradual and perceptible relaxation on hard pricing norms.