Frequently Asked Questions
You can own as many properties as you want.
Property is considered a capital asset and Capital Gains Tax is levied on the gains arising from the sale of property. Such gains are calculated after adjusting the inflation rate, transfer and renovation charges.
Yes. Generally, the stamp duty on the gift deed ranges from 5% to 12% in all states. In few states like Haryana, Rajasthan and Delhi, concession of 1 to 2 per cent is given to female transferors.
Stamp Duty is the tax paid for the legal recognition of property. It is paid by the home buyers. You can claim tax incentives of up to Rs 1.5 lakh on stamp duty and registration charges on a new property purchase or construction of a house. However, these benefits are available for only one self-occupied property.
Power of Attorney allows a person to authorize another person the right to make decisions regarding the person’s assets, finances and real estate properties.
There are two types of power of attorney. First, the ‘General Power of Attorney’ where a property owner confers ‘general’ rights. The rights include but are not limited to sell, lease, sub-lease etc. The second one is the ‘Special Power of Attorney’ where only a specific right is given by the owner to the chosen person.
It is the purchaser’s responsibility to ensure timely disbursement of installments from HFIs and no demand will be made by the Developer to the HFIs for the same. To facilitate smooth payments, customers are required to agree to a pre-determined payment schedule & issue a mandate to the HFI to disburse payments as per the agreed payment schedule. This will be done via a ‘Mandatory Disbursement Form’ at the time of signing the Sale Agreement.
Yes, all our projects are approved by leading financial institutions/ banks.
Yes, we have major financial institutions who will extend home loans to the customers based on their eligibility criteria. Our team can facilitate the home loan process for customers by connecting you to the appropriate financial institution.