A GUIDE TO PAYING PROPERTY TAX IN BANGALORE

The initial three months of a date-book year are constantly essential for organizations, property proprietors and salaried people. Come March and terms like Form 16, Income Tax, Section 80C, 80D, speculations, assess finding, property impose and so forth are ordinarily heard.

Toward the finish of a financial year and the beginning of the following – before the finish of March and start of April-everybody is either making a minute ago speculations to spare Income Tax or contemplating how to pay property impose.

On the off chance that you are a property proprietor in Bangalore, prepare for some new principles and systems to be taken after to pay your charges. Additionally there is one more upcoming project is coming in Whitefield Bangalore called Sumadhura Eden Garden, if interested then can invest or buy. Begin with these bits of data while paying property charge in Bangalore.

Sumadhura Eden Garden

      TYPES OF FORMS

There are two distinct structures for property tax now. Form IV in white paper is for documenting tax for properties that have enlisted no adjustment in status in the course of the most recent one year. The progressions could be status of inhabitance from private to rental and the other way around, or the degree of developed territory and so forth. For private units with any such changes, Form V in blue paper will be relevant.

MODE OF PAYMENT

You can pay property tax on the web through online portal, by providing records of the most recent eight years' of assessment documenting are accessible on the web. In the event that you are paying through the online process, there are no additional transaction charges for utilizing a Visa or Credit card. The legislature suggests the portal of Corporation Bank. The state government will not acknowledge cheque payments for property tax payment. You should pay either by demand draft or cash money. In the event that you need to pay your tax at the counter of a bank, you can pay at these banks listed here - Canara Bank, Corporation Bank, HDFC Bank, IDBI Bank, Induslnd Bank, Indian Overseas Bank, Kotak Mahindra Bank, ING Vysya Bank or Yes Bank.

TAX RETURNS

Tax payers, who have submitted declarations for the financial year 2010-11, can pay property tax for the year 2017-18 on the web. The individuals who have not yet paid assessment can likewise pay charge at the workplace of the Assistant Revenue Officer or at BBMP Help Center in the wake of recording returns. Those property proprietors, who don't have any Khata, can likewise pay at the assistance focus. You can likewise pay impose at the middle, if the expense is underneath Rs 1,000. The timings are between 9 am and 12.30 pm and between 3 pm and 7 pm.

UNAUTHORIZED REVENUE LAYOUTS

The individuals who fall in this classification can pay property charge under the self-evaluation plot. These properties can likewise be enrolled at the Office of the Assistant Revenue Officer until the point when they are regularized.

OTHERS

Solid Waste Management cess ought to likewise be paid alongside property charge. These application frames are accessible at the BBMP Help Center.

While filling the tax document on the web, be set up to give meter number of your power association.

Share Real Estate or Bitcoin which one is better. Check out here.pdf - 492 KB

Share Real Estate or Bitcoin which one is better. Check out here.pdf - 492 KB

godrej seven

Godrej Seven in Joka Kolkata - Residential proprety coming soon.

With the growing demands of apartments in pace with urbanization, there is always an immense need of peace which one always strives to find in the lap of nature. Imagining a home in mother nature’s lap with all the modern lifestyle luxuries and a place to introspect  in this world of havocs and tensions, is a great pleasure. In addition to this, the residence giving best of its economic  value at times of need is much bigger dream. So, here one comes up with dream came true.

The well-known Godrej developers is planning to launch an innovative and new project- which is Godrej Seven. Planned and set-up in Joka, Kolkata on the Diamond Harbour Road, the project aims at developing a modern residential area in fusion with greenery and nature’s touch. The project also aims to try giving best of the architecture and construction qualities to the clients.

GODREJ SEVEN

Amenities provided:

 The project provides amazing apartments with 2, 2.5 and 3 BHK units.

A serene view of large green pockets within a property would be energizing every person associated to it.

The project offers a huge range of floor plans to select. Ideal and unique floor plan information of the project are provided to the homebuyers so as to match their requirements.

The project includes providing, best of facilities of uncommon walls among the residences, Rain-Water Harvesting, Club House, Health Facilities, Broadband Internet ,Bank, Swimming Pool, Mini Theatre, Multi-purpose Halls, Space Provision for Supermarket is also there, Security is at its best, Tennis Court, wifi, Intercom, Community Hall,Library, Temple, Recreation Facilities and Indoor Games also add to the facilities.

The project will include lush green area around the residences, facilitating peaceful environment.

Approved by RERA, the Godrej Seven project will be using latest of technologies and properly drafted tools for perfect area utilization. Joka, is one of the best localities, to invest in. It provides as a perfect commercial, as well as cultural and historical heritage centre.

The apartments are highly affordable ranging from about 34 Lakhs to 61 Lakhs.

BEST AMENITIES 

Major highlight:

 The metro project in the city will further strengthen the connectivity of the region. The commercial areas are highly accessible from the area.

The project extends to an area of 22.23 acres with 7 towers with housing of 894 units. The prices are rising with pace of time. So, for those who wish to invest with the guarantee of best returns in future, it’s the right time to buy. The size of every apartment is  800 to 1350 square feet.

Services and Speciality:

The service providers have a good contacts with reputed loan providing agencies and banks and ensure faster sanction and disbursal of home loans. NRI clients are also consulted and are honestly advised.

The nature loving people will be at their best in the apartments. As the campus is green with sophisticated furniture in each house.  The spacious apartments are designed to allow maximum ventilation. Modern living aspects are followed and the fittings and decorations are at their best. The large windows and wide balconies allow best of the views to be enjoyed. So, Godrej Seven is the best investment bet in Kolkata if one needs satisfaction.

Why You Should Invest In Sumadhura Group’s Eden Garden

Sumadhura Group is showing its excellence on the eastern part of Bangalore. The Eden Garden is the prime project for Sumadhura Group. The property, located in the Whitefield area of Bangalore. The Sumadhura Eden Garden is an epitome of elegance and simplicity.

Advantages of Investing in Sumadhura’s Eden Garden

 The Location

The suburban location of Whitefield is one of the advantages of the investment. The former Anglo-Indian settlement is now a high-profile technological hub. Several MNCs like Oracle, Wipro, IBM etc. operate here. The vicinity of IT Cluster adds value to your investment in Sumadhura’s Eden Garden.

Whitefield is well-connected to Bangalore, Mysore, Chennai etc. You can commute using the train, bus, cab etc. You can expect metro in this area soon. The Bangalore International Airport is at a driving distance from Whitefield.

The lifestyle is great here. You have malls like Forum Value Mall, VR Bengaluru, Pheonix Market City and many clubs and pubs which add to the nightlife. You can shop, entertain, relax and do lot more in this prime location.

Whitefield, blessed with institutions like Chrysalis High, Vydehi School of Excellence, Whitefield Global School, Deens Academy, this location is worth an investment. The plus point is, you have medical facilities from Columbia Asia Hospital, Manipal Hospitals, Narayan Multispeciality Hospital in your vicinity.

The abode of Baba Sathya Sai will serve your cosmopolitan lifestyle like never before.

 The Amenities

Sumadhura’s Eden Garden, equipped with world-class amenities and state of the art infrastructure. The project has basic amenities like security, elevators, parking, power backup, children’s area, rainwater harvesting. Sumadhura’s Eden Garden will enclose a swimming pool, clubhouse and intercom for your convenience.

The project will have a skating rink, gym and all kinds of indoor and outdoor sports facilities. The fun here is unlimited with a barbeque space. You can enjoy tasty outdoor cooked food with friends and families.

Other amenities include palm court, event lawn, lazy lawn corner. Sumadhura’s Eden Garden follows Vastu in its architecture, so await an array of positive vibes from your surroundings. 

Variety

Sumadhura’s Eden Garden has a variety of apartment types. You can avail for 1,2,3 BHK flats here. In the Technological Capital of India, this is heaven in disguise for the stressed bachelors. You can relax here and enjoy the amenities included in your package.

 Other Perks

Sumadhura’s Eden Garden has 80% open space, so move around and don’t feel enclosed in the area. You can find different types of jobs in Bangalore, one of them is Work from Home. The project includes a separate Work from Home station for you, where you never feel detached from a workplace.

The builder leaves no section untouched. You have a creche in the Sumadhura Eden Garden for the tiny-tots of the society.

About the Project

The total project area is 14.20 Acres. Sumadhura’sEden Garden has 12 towers and each tower having 15 floors. The price starts from Rs. 28.37 lakh and hike up to Rs. 65.47 lakh. 1113 units are on sale. The project is expected to complete by December 2021.

The prime location, world-class amenities, and state of the art infrastructure makes Sumadhura’s Eden Garden a premiumpurchase. In our opinion, you should go for one of the units. 

FINALLY, BENGALURU BUILDERS ANNOUNCE NEW LAUNCHES

As the year crawls towards conclusion, property developers & realtors in Bengaluru have gradually begun publicizing new dispatches in the wake of lying lethargic all through as demonetization, execution of RERA and ensuing vulnerabilities turned their pipeline very dry. Realtors like Shriram, Sobha and Puravankara among others have made huge declarations over the most recent two months subsequent to having gotten their RERA enrollment numbers for their ventures. While this does not flag an up and coming recuperation, it shows indications of come back to commonality to some degree.

                           

Rampant dispatches had everything except became scarce as developers set aside opportunity to comprehend the ramifications of RERA which was acquainted to bring some level of straightforwardness and responsibility in the realty segment. This likewise influenced real estate agents to backpedal to the planning phase and re-adjust their yet to be propelled activities to conform to the guidelines or risk getting rejected by the specialist. Anuj Puri, Chairman of Anarock Property Consultants said - In 2017, engineers confined new dispatches and concentrated on finishing ventures. This pattern will proceed in 2018 too, as the administrative weight will additionally increment. Likewise, the supply of prepared to-move-in properties may increment in 2018 as a result of designers' managed center around finishing their current ventures.

Initiatives are taken by realtors such as Sumadhura in Whitefield presents Sumadhura Eden Garden.  Extravagance condos in an entrancing condition of workmanship structures having every single possible luxury and accommodations.

                                    

Every one of the occupants of Sumadhura Eden Garden while having proprietorship to perfect extravagance homes additionally have the extraordinary uprightness of absorbing an excellent atmosphere. Sumadhura Eden Garden is a 14 section of land venture with tremendous open spaces and complete luxuries to run with the fine living here. There are 1080 units of 1 BHK, 2 BHK and 3 BHK extravagance lofts in this up and coming task in Bangalore with measurements going from 680 sq.ft to 1379 sq.ft.

There are various well being and wellness pleasantries to help make the inhabitants' lifestyle more peaceful and brisk. A ultra present day swimming pool, offices for horde sports like Cricket, Basketball, Tennis, Skating and such. Children can have a carefree time here as there is a selective play territory for kids with current play offices to run with a sand pit.

SOME OF THE KEY HIGHLIGHTS

•  The standard going into the new year along these lines will be less dispatches yet not as infertile as 2017 had ended up being.
• In the post-RERA period, developers are concentrating on executing under-development extends inside the stipulated courses of events.
• New dispatches or project launches are probably going to be limited, and unsold units will decay encourage in 2018.

At present market scenario the residential market segment is seeing soundness & stability. While it is still too soon to determine whether these new dispatches are characteristic of a restoration in the market, there has been some change in energy and this is relied upon to proceed in the months ahead. Whatever we may state, the general supply won't be of the size and scale that this industry had been utilized to. On the off chance that at all new supply comes, it will come more in the moderate fragment since showcase is as yet having a sensible measure of unsold stock at different stages in every one of the urban areas. So it will require its own particular investment

KOLKATA CITY REAL ESTATE BECOMES MOST AFFORDABLE IN 7 YEARS

Kolkata's land showcase business or so to say the real estate market in Kolkata is seeing another period of reasonableness. The land deals in Kolkata is at its most moderate levels over the most recent 7 years according to reports. For purchasers who are anticipating fantastic arrangements on land, there are a few choices to look over. This is a purchaser's market and ought to draw in more end-clients and financial specialists alike to the market throughout the following couple of months. There is a revision in costs over the city with a noteworthy lessening in the genuine purchasing cost because of engineer rebates and different complimentary gifts. Infact one more property is coming soon called Godrej Seven Joka Kolkata. Land engineers in the city have at long last been bringing down costs of properties, especially the weighted normal value which would remain completely consistent even during market vulnerability.

Be that as it may, half of land developers gave complimentary gifts or rebates on the powerful realty value which emerges out of transactions. Be that as it may, 80% of designers are currently giving rebates on the costs regardless of around 4.5% inflation and the ascent in expenses of development. This takes the compelling markdown count to around 12% and homes are at their most moderate levels in quite a long while.

Godrej Seven Joka Kolkata

Tollygunge is a noteworthy case in such manner. Costs in this prime South Kolkata neighborhood extend between INR. 5, 500 and INR. 13, 500 for every sq. ft. contingent upon the undertaking according to reports. Be that as it may, costs have remedied by an incredible 17% as of late. There has likewise been an adjustment of 12% in Rajarhat New Town where costs fluctuate between INR. 4, 000 and INR. 6,000.

Costs crosswise over Park Street, Ballygunge and Rawdon Street have continued as before while costs have remedied by roughly 2-4% in extends like Salt Lake, Jessore Road, BT Road, Narendrapur, Behala and Madhyamgram. Most land designers are putting forth rebates of 7.5% to clients who might be empowered by the GST of 12% now in contrast with 4.5% of administration impose. Land engineers are likewise offering complimentary gifts like carports or parking spots and this is significantly ascribed to bring down deals volumes of 14, 147 units in the year 2017 according to reports. Land engineers have likewise been going moderate as far as new task dispatches.

When contrasted with 2016's count of 20, 984 units, there were only 15, 940 units that were propelled a year ago which shows de-development of around 24%. Notwithstanding, the warning of the West Bengal Housing Industry Regulation Act will prompt development in land deals.

Be that as it may, CREDAI-Bengal President Nandu Belani expressed that reducing was dependably there, however what has happened now is that structures are retaining the ascent in cost because of the effect of GST. Since 2011, development cost has expanded by 10-15%. Be that as it may, costs have stayed steady. That mirrors the market notion and the degree to which designers have gone to empower deals. CREDAI India VP Sushil Mohta anticipates that request will develop once the state informs the West Bengal Housing Industry Regulation Act.

UNIQUE DIGITAL IDS FOR RESIDENTIAL HOMES IN BANGALORE. WHO WILL BE BENEFITED WITH THIS INITIATIVE?

Innovation is a boon and this holds true when we talk about the Real Estate business in Bangalore. BBMP or the Bruhat Bengaluru Mahanagara Palike, in 2013, had launched GIS or Geographic Information System based PID or Property Identification number project that will store information regarding ward numbers, street numbers and property numbers as well.

Towards this initiative, almost every street in Bangalore has now been given a unique identification number. It is estimated that around 93000 roads has been allotted the unique identification number. 

Another big step towards this is the allocation of Digital Identification Number to all the houses and apartments as well as properties existing in Bangalore. If interested to invest or buy a world class residential property Sumadhura Eden Garden in Whitefield Bangalore is waiting for you. It is estimated that almost 20 Lac properties have been allotted this number, irrespective of the fact, whether it is occupied or vacant. In this regard, BBMP has divided the city into three zones – Micro grids, Sub grids and Main grids. A micro grid ranges square metres of 10x10, a sub grid ranges square metres of 200x200 and the main grid ranges to around 1 square kilometre.

                       

   

Of course, these unique digital ids for residential homes in Bangalore come with certain benefits for the residents as mentioned below:

•  Locating a house will now become far easier with this method in the Google maps.
•  A mobile application has also been developed by BBMP that can help navigate to any house using the Unique Identification Number allotted to that particular house. This number is a combination of alphabets and numbers with a total of nine digits.
• As per the reports, the seven digit Identification number will eventually replace the age-old conventional address format.
• Even if the ownership of the house changes, this identification number will remain the same.
• This will also make app-based services such as online food delivery, courier service, app-based cab services more convenient and faster. Just by inputting the number, one will get latitudinal and longitudinal co-ordinate points.
•  Residents can acquire this identification number also known as DiGi-7 number by calling BBMP’s call centre or by sending an SMS to BBMP.
• Residents can share their property numbers through SMS, WhatsApp or other similar applications.
•  This system will also help in incorporating services required for basic day to day living such as electricity supply, water supply, etc.
• A cloud based system will be set up to store these information's and ensuring a stress free access for collection of information during the survey.

This system will definitely ease out things for the residents of Bangalore in lot many ways. The government also plans to bring tier-2 cities under this project later in the project stage. While this sounds to be a smart move to make Bangalore a smart city in all its essence, a proper planning and monitoring is also what is required the most. The sudden uncontrolled growth of the city makes it difficult to navigate across the streets and locate the exact address. In such a circumstance, if this project is implemented well, it can make wonders.

IS SOUTH-FACING HOME GOOD OR BAD?

The only think people are in lookout for in their homes is peace, happiness, prosperity, and health and Vastu Shastra, meaning the ‘Science of Construction’ which builds on the traditional Hindu system of architecture promises to provide you with the required tips, directions, and suggestions.

The direction of the house is of the prime importance. There has been a certain misconception for the longest time regarding the South facing homes and how they are actually a ‘bad sign.’ South facing homes can cause problems to the resident like ill health, ill luck, bad reputation etc. This sort of ‘myth’ has also allowed builders and developers to ask for higher rates in North facing or east facing houses. The South direction is governed by the Lord Yama – the God of Death. It is believed that the inmates of the South facing homes can face detrimental results but if one goes according to the vastu shastra, one realizes that by following certain vastu ideologies, a South facing house can be turned into the fortune. Also, if we see, the house of Bill Gates, probably the richest man on earth faces south. The White House is also located at South.

The direction of the house is determined by its main door. Time and again it has been established that the main entrance of the house is the determining factor of the energy that the house will comprise of. The main gate assumes a lot of importance in this aspect. Thus, despite it being a South facing house, what will matter is the direction of the main door.

Vastu Shastra suggests that after East, South facing homes are the most preferred. South facing homes generally ensure prosperity as they are at the receiving end of the magnetic energy and thus help create strong and healthy vibes. Also, many wealthy people actually live in houses located at South because if one follows the vastu shastra strictly, it can lead to wealth and prosperity. In fact Godrej Zest is a new pre - launching residential south facing property. Good news for buyers as well as investors who want to buy or invest in south facing property. South houses are good and beneficial if they are properly and with a due concern constructed.

The vastu tips for the South facing houses include things like the main door should be located exactly at south; kitchen should be at southeast, keeping open areas in North and East, avoiding any slope at south direction, a higher boundary at South, avoid constructing any well or pond at the south, use South-West area for the owners bedroom and also the South-west corner for dumping the waste, doors must be fixed at the distance of six inches and many more. If there are some south facing home defects, they can be easily fixed by using some vastu remedies like Vastulead energy helix, Vastu copper energy helix, Bhaum yantra, Dakshin Mukhay yantra, Vastu energy crystals. One can now easily buy a South facing estate without any worries or insecurities.