Property Archive

SwitchMe – A solution to the customers for Take Over Home Loans

SwitchMe is a fintech startup and is India’s first online service that helps with a new home loan or loan transfer to the lower interest rate. It is a consumer service that provides the best service to the consumers to switch from one service to another at low interest rates. Home owners, working class people, save time and money from their end for the home …

What is REIT: Real Estate Investment Trust ?

A Real estate investment trust is a special form of corporation that invests mainly in real estate through mortgages, property and even trade on major exchanges like a stock. REITs acts similar to mutual funds. REITs offer investors of all types regular income stream, long-term capital appreciation and diversification. REITs do not pay income taxes as long as they pay out 90% of their earnings as …

Battle of Luxury Investments: Comparing Gold and Real Estate

Making money via investments hasn’t been much of a difficult for the rich. New avenues are on the rise and so are changes and improvements in the old ones. Two of the evergreen investments that have always proven their worth are real estate and the yellow precious metal of Gold. In the current economic scenario, these investments are among luxuries. Not anybody can go ahead …

What is Long Term Capital Gain Tax?

For understanding long term capital gain, first we need to know what actually capital asset and capital gain are. The term capital asset refers to any property or jewelry or antique ornaments which are owned by any person (in case of tax: assessee), irrespective of the fact that whether it is connected to his business/profession or not. For any Foreign Institutional Investor or FII, holding …

How to Create Wealth

“Money is sacred. It is not to be taken in a rash manner and needs a wise saving and accounting practice. “   Only a few among us can actually see their money growing towards wealth, while the others keep on circulating it for their lifetime, not accumulating enough and just matching their income with their lifestyle. It is also to be noted that most …

FinTech in Banks

The heavy reliance of banks and other lending institutions over credit reports is uncanny. Even before calculating someone’s eligibility for a loan, his credit reports are generated and only after satisfying over these reports, the credit appraisal goes ahead. A decade earlier, it was not possible to judge someone’s capability to avail a loan. Income certificates could be easily forged, inspection could be framed up …

3 Rules to Follow Before Buying an Apartment

Recently, Supertech, India’s leading real estate developer has been ordered by the authorities to seal their 1099 flats in Noida as they violate the construction norms. Recently, authorities at Jaipur have also sealed 340 flats as the builder didn’t have the permission to construct such flats. Another news that surfaced around jaipur was a premium that the residents of the apartments had to pay secure …

5 Alternatives to Income Tax

Irrespective of the professions, most of us are bound to pay income tax. Earn mere Rs. 10,000/month or whopping Rs. 2,00,000. Frankly, no body likes being taxed. First of all amount is not nominal, and the frequency of scams, bad services, bribery confirm all the time that our money is not being utilised properly.  Rebellious and revolutionary, the idea of escaping income tax or finding …