Monthly Archives: February 2016

Gulshan Bellina in Greater Noida: Creating Benchmark in Sophisticated Living

Gulshan Bellina

The high rise buildings in Noida are rapidly filling the sky of the city. Numerous township projects coming up in the area bring luxury homes brilliantly set across multi-storey apartment buildings. Availability of modern social amenities and infrastructure has led to tremendous growth here.

Micro suburb market is expanding and bringing new opportunities to live a grand lifestyle. Luxury builders Ajnara, Gaursons, Victoryone, Supertech and Gulshan Homz are currently providing lavish residential property in Noida’s posh locations. Gulshan Bellina in sector 16, Greater Noida offers luxury apartments within safe gated community venture. This new lavish township spanning 7 acres is epitome of green living with beautiful landscaped parks and Tree Boulevard. The whole development gives you homes in refreshing environment.

This premium project is available in 2 BHK + 2T / 2 BHK + 2T+ Study and 3 BHK + 2T/ 3 BHK + 2T + Puja / 3 BHK + 3T + Study floor plans. Every residence here is finely planned and offers enough space for everyone. The apartments give you spectacular views of the area from the 19 floor towers. You live up and away being close to basic utilities of life yet.

Nestled in sector 16, Gulshan Bellina is 25 minutes away from the famous Akshardham Temple and F1 Track. It is quite close to the proposed metro station which will surely reduce travel time between Noida and Delhi. The emerging commercial and IT hub, Noida Sector 18 is around 20 minutes away from the project. Besides this, Amity chowk is 10 minutes and Akshardham chowk is 25 minutes away from the luxury township. This way this project becomes an ideal investment opportunity in the whole Delhi NCR.

Equipped with world class amenities like kids lounge, sit back swimming pool, Sports Deck, air conditioned gym, yoga / aerobics center etc, this project becomes a complete city in itself. In the fast growing location, it offers opportunity for good investment as well as living.

If you want to learn more about this project then browse 360Realtors.in, the Best Real Estate Consultant award winner (2015) in India. Get complete information of Gulshan Homz New Residential Project Gulshan Botnia visit – 360realtors.com or Call – 1800 1200 360 Toll Free

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NRI Real Estate Investment Guide

NRI Real Estate Investment India

The strengthening dollar has made investing in real estate for non-resident Indians very lucrative. The Indian government has also eased norms for NRI investments in India. Real Estate is one of the prime sectors which see a lot of investment from NRI’s as it doesn’t require any special/prior permissions. However, it is very important to understand the financial requirements and laws while purchasing real estate in India. Here are some points to keep in mind if you are an NRI looking to make real estate investment in India.

Why invest in real estate in India?

Global Real Estate prices are sinking; however real estate investment in India is on the turn around and is expected to generate high returns in the coming years, making India a prime focus for NRI investors. The Indian realty sector is expected to become a $180 billion market by 2020 and will witness a growth of 30% over the next decade. With over a 100 smart cities coming up in the next few years there will be significant improvement in infrastructure and connectivity making it ideal for NRI’s to invest in real estate.

Permissions required to buy property in India

The Foreign Exchange Management Act states that any Indian citizen who resides outside India is permitted to acquire any immovable property in India apart from agricultural/plantation property or a farm house.

The Reserve Bank of India has given permission to all non-residents who own Indian passports and people of Indian origin to make real estate investment in India. NRI’s are allowed to purchase any number of both commercial as well as residential properties in India, but they cannot acquire any farm house, agricultural land or plantation property. They can acquire such property only if they have been gifted or inherited.

NRI investments in India can be made in rupees via funds maintained in any non-resident account under FEMA and RBI regulations or normal banking channels. An NRI can also transfer the property to anyone residing in India or outside by gifting, transferring or selling it.

Taxes applicable

Property Management in India is very easy and NRI’s have to follow the same tax laws as Indian residents. They can even claim Rs 1 Lakh deduction under 80C for their real estate investment in India. According to the Indian Income Tax Act if an NRI owns more than one house property, one will be deemed as self occupied, while the other property even if it’s vacant will be deemed to be given on rent. You will have to calculate the rental income based on valuations prescribed by the income tax rules and pay the tax accordingly. This is applicable even if NRI has one property in India and one abroad.

If a property is sold three years before the date of purchase you will have to pay short term capital gains tax has to be paid according to their tax slab as well as TDS of 30% will also be deducted.

NRI’s will have to pay a tax of 20 percent if they sell their property after three years from the date of purchase. However, if an NRI is planning to reinvest the amount in another property in India or in tax exempt bonds, they will be exempt from paying tax in India, and no TDS will be deducted either.

Documentation Required

Here is the list of documents needed for making real estate investment in India.

Passport

An NRI looking to invest in India must have a valid passport; in case he is a foreign country passport holder he must acquire a PIO Card through the embassy. The passport should clearly hold the visa stamp and the date of entry.

Pan card (Permanent account number)

An NRI must apply for a PAN card in India for submitting their taxes. Holding a valid PAN card allows you buy an ‘under construction’ property instantly.

Address Proof

An NRI has to submit address proofs for India and abroad while making a purchase. You can submit telephone bill, ration card, electricity bill, LIC policy, cell phone bill or any utility bill as a proof of address in India. For proof of overseas residential address you can submit any of the above mentioned documents as well as Driving license, Identity card, Work permit, Social security card, Copy of credit card as well as the last 6 months bank statements of all NRE/NRO accounts in India.

Power of Attorney

For Property Management in India, it is ideal to give a special power of attorney to someone in the city if you don’t visit the country very often. It will make it much easier to get your registrations, sale completion and other formalities done. You can also take the help of NRI Real Estate Services companies, which will aid you in getting all the documentation done easily.

Eligibility for loans

The Reserve Bank of India has laid down some guidelines for NRI investments in India in real estate sector. NRI’s can avail a maximum load of 80% of the total purchase amount. The NRI has to deposit 20% of the amount and the rest can be financed by pre-approved financial institutions. The deposit amount has to be remitted via normal banking channels like NRO/NRE accounts in India. The NRI will be able to repay the principal and the interest through the banking channel only.

Can properties bought by NRIs given on Rent?

NRI investments in India are done with the idea of having a place to stay whenever they visit the country or if they choose to return someday. However leaving houses vacant for months or year’s is not very feasible, so renting out is a good preposition.NRI Real Estate Services can help you in finding tenants or leasing out your property in India. The rental income earned from the properties can be credited to an NRE or NRO account. If you don’t have an NRI account the proceeds can be sent abroad directly, however you will have to show that the appropriate taxes have been paid on the rental income earned.

If an NRI sells a property, the funds from the sale can be remitted out of India or not?

Yes the funds from the sale of a property can be remitted abroad, but it has to be done through legal banking channels. Documentary proof showing source of money will be required when transferring money abroad and it should be first be deposited in an NRO bank account. The RBI has put a limit of USD 1 Million in a calendar year, which can be repatriated without any permission from an NRE account.

The Indian government has made the process of investing in real estate for NRI’s very easy, so there are hardly any obstacles remaining in your way to make your dream home in India a reality.

Source – http://www.360realtors.in/blog/post/nri-real-estate-investment-guide-blid5

Gulshan Botnia New Luxury Venture in Noida Expressway

Gulshan Botnia

Gulshan Botnia Sector 144 Noida Expressway

Gulshan Botnia New luxury residential project in Sector 144 launched by Gulshan Homz with world class amenities near to Noida Expressway. Gulshan Botnia, the all new experiences of residences from 2BHK to 3BHK apartments. These apartments are to build at 17 acres of land that covered around the lush green area. The project having swimming pool, power backup, club house etc at the location. The builder Gulshan is known for its quality. It delivered Vivante, Ikebana, Grand and Homes 121 are more popular residences at Noida NCR. The project going to build 500+ units of residential apartments with more enhancements featured. Around the project there is 15 mtr green belt that make project greenery. Gulshan Botnia Noida is creating again history cause the past projects successfully delivered at the location.

Location Advantages

Gulshan Botnia Sector 144 Noida expressway is located in vicinity of major road networks like Yamuna Expressway, DND Flyway, Noida-Greater Noida Link Road, FNG Expressway, NH 24 and NH 91. In addition to this, the complex lies in proximity of various metro stations, railway stations and airports located in Delhi.

Gulshan Botnia Specifications     

       FLOORING

  • Vitrified tiles in Living, Dining, and Bedrooms & Kitchen.
  • Ceramic tiles in toilets & Balconies.

DOOR & WINDOWS

  • External doors & windows made of UPVC.
  • Internal hardwood frames with flush doors.
  • Additional MS Steel safety door with wire mesh on entrance.
  • Grand Entrance of 8 feet high door.

KITCHEN

  • Granite top working platform.
  • Double bowl stainless steel sinks.
  • Ceramic Glazed tiles 2’ above working platform.

Get complete details of 2 & 3 BHK residential Apartments for sale in Gulshan Botnia Noida. Visit – http://goo.gl/4bWlwp  or Call – 18001200360 Toll Free.

Most Preferred Residential Destinations for Investment in Noida

It is needless to say that residential property in Noida has become goldmine investment project in India. The various upcoming projects in the region offer investment opportunity in luxury apartments, penthouses, villas and plots in residential township. The beautiful residences in gated community venture are safe to live and replete with choicest amenities at affordable prices.

Micro residential market is growing with the expansion of IT and commercial sectors. Rapid infrastructure development has further increased accessibility and connectivity across NCR, thereby improving economic growth in the area. Schools, colleges, shopping malls, hospitals, etc coming up in the region are fast changing the face of Noida.

Some of the most preferred realty destinations are as follows:

Gaur 2nd Parkview, Yamuna Expressway:Gaur 2nd Parkview

After rendering Gaur City in Noida Extension, Gaursons India brings residential plots for sale in Noida’s Gaur 2nd Parkview project. As a part of Gaur Yamuna City, it is blessed with ultra modern amenities that will give you and your family an urbane living experience.

The project is 10 minutes drive away from Pari Chowk and 25 minutes from Sector- 18, Noida. Gaur 2nd Parkview Yamuna City is 20 minutes away from the Indian Capital city Delhi. Airport, ISBT, Mono Rail and Night Safari coming up in the vicinity are driving investors to this destination.

Approved arranged residential plots in Gaur 2nd Parkview Yamuna City are available in the unit sizes, spanning from 77 – 416 sq. yards. These plots are competitively priced (Rs.17.49 – 93.64 Lac) and offer you perfectly carved out landscape to build your dream home.

Gaur Yamuna City: 

Gaur Yamuna CityThis amazing Project right off Yamuna Expressway, which is 6-lane road connecting Greater Noida to Agra is one of the marvel residential ventures by Gaursons Group. Smooth connectivity to FNG Expressway and Delhi metro makes this project one of the most preferred residential destinations in Noida. It is also a buzz in micro residential market due to its world class amenities like school, hospital, Intercom, community center, food court, restaurant, shopping complex, lakeside recreational activities like boating etc.

Finely planned apartments, plots, villas as well as shops are available in various unit sizes and budgets. With price range of Rs.21.07 Lac – 1.60 Cr, this Gaur Yamuna City is surely a valuable project.

Oasis Grandstand:

Oasis GrandstandThis new upcoming residential project in Noida brings you contemporary design apartments with luxury amenities and features that will add to the life’s experiences. 695 sq. ft 1 BHK+1 kid’s room and 845 Sq. ft 2 BHK+2 toilets+2 balcony and 995 Sq. ft 2 BHK+2 toilets+4 balconies are available in the project. While it has 1295 sq. ft 3BHK+2toilet, 1395 sq. ft 3 BHK+3Toilet and 1795 sq. ft 3 BHK+3t.S.Q. on the offer as well.

The apartments near Yamuna expressway with excellent connectivity all over Delhi NCR is being preferred by working professionals in Greater Noida, NOIDA and South Delhi. F1 track, the proposed night safari and the proposed aviation hub make this project all the more special. Proximity to Eastern Peripheral Expressway a new growth corridor offers immense opportunities to buyers and investors. The price of Oasis Grandstand apartments ranges between Rs.20.14 – 52 lac, which is not so much on the pocket.

All the three projects are extensive residential township in posh locations, offering opportunities for investment to home buyers & investors in NCR.

Residential Projects in Gurgaon – Carving Dream Homes For Home Seekers

Raheja Maheshwara

Gurgaon is attracting investors with its impeccable commercial grace, world class infrastructure and urban residential township. The city with expansive roads and proximity to Delhi has immense potential for growth. Consistent real estate development work going on in the city offer finely planned spaces for commercial and residential use.

Residential projects in Gurgaon offer intricately crafted homes in posh locations near Sonha Road, Golf Course Extension Road and Dwarka Expressway. Housing projects here bring you viable living options in the following forms:

Apartments & Flats: These are basically self contained residential units which occupy a part of building. Such buildings are also called apartment building, apartment house, blocks of flats, high rise tower block or mansion block. Apartment real estate is getting highly popular among nuclear families, students and working professionals. Buyers can find flats here in different design pattern, style and unit sizes. These can be semi-furnished as well as fully furnished with all luxuries and perks of a villa.

Raheja Krishna Housing Scheme, Vatika the turning point Vipul Aarohan are some of the new apartment projects in Gurgaon. Penthouse Apartment: An apartment on the top floor or floors of building is called a penthouse apartment or a penthouse. It is often associated with luxury lifestyle and may vary in size and style. Increasing demand for houses in metropolitan cities has set the concept of this type of living space.

Tata Raisina Residency and Raheja Maheshwara Gurgaon are lavish projects offering penthouse residential apartments in 2 and 3 BHK. Raheja Maheshwara location is getting huge appreciation from the buyers due to its excellent connectivity to and from all over the city.

Studio Apartment: Primarily smallest in size, this kind of apartment includes a single large room without walls, a kitchenette and an attached bath. You also get closet space in studio apartments. It is less expensive and widely liked by students as well as working professionals.

Villas: These are larger houses or estates with farm or residential buildings finely planned around courtyard.  It is upper class and luxurious with a lot of perks like sauna, valet parking, fitness center etc.

A villa may look simple and quite country type, but it is an expensive abode than commercial real estate having more than four residential units. It can be independent house or a part of any housing scheme like row villa etc. Take a notice that row villas are not similar to independent houses on independent plots.

Bungalow: It is usually a large detached and low rise house or cottage. In some cases, it may have more than one storey. Large front porch (veranda) is one of the important features of this kind of style home.

Duplex Apartment: This is a new housing trend involving two residential housing units under one roof with huge wall diving both the units. It is a house having a complete apartment on each floor with separate entrances.

Some of the commercial real estate includes residential plots along with villas and apartment buildings within gated community. These vacant plots are widely liked by people who want build their home. The rate of these plots may vary as per the area and the scheme they come under. The schemes of integrated township which include most of the above mentioned housing types with all convenience within reach indeed give people an urbane living experience.