Prestige Jindal City The Perfect Blend Of Simpicity And Luxury

The Prestige Group

The Prestige Group is one of India’s most Prolific builder that is something to watch out for with their recent Prestige Jindal City Project on Tumkur Road, Bangalore. Since 1986, the giant Prestige Estates and Properties has been executing some of the most renowned enclaves, residential apartments and real estate standards. The Prestige group is a very professional and high-end real estate developer in the South. The Group has a strong presence in the retail sector with multiplexes and malls. Prestige has built itself a dependable and trustworthy name in property development field.

The Prestige Jindal City Project

The Prestige Jindal City is the latest development by the Prestige Group situated near Tumkur Road, Bangalore. It offers 1, 2, 2.5, 3, and 4 BHK flats at affordable and competative prices. The project has planning of a total of 3572 apartments in a massive 32-acre project along with a total of 2108 units coming up in Phase 1. Prestige never compromises when it comes to utilizing all the most recent advances with all the cutting edge conveniences because that’s what everyone expects from a developer like Prestige. The Prestige Jindal City is the visible form of faultless creations. The project is spread over a large area decorated with magnificent scenes and greeneries, fully spread out all through till the horizon. Every single unit at The Prestige Jindal City, Tumkur Road offers comfort and views which will for sure make each and every buyer go bonkers.

The Location

The area of Prestige Jindal isin a very serene and tranquil Location in Bangalore. It is in close proximity with a simple drive to the Outer Ring Road, Multi-Speciality Hospitals, and other exciting areas.

This venture is surrounded by beautiful green gardens, that serve as an picnic and  occasion spot of families. It is located at a short drive to the Five Star Hotels. It is located at such a place where MNC Hubs, Numerous International Schools, Shopping Malls, Colleges, Clubs, are likewise found adjacent.  As an office goer, this is probably one of the best options for your future residence. The Project is in a very advanced & upcoming location with a great community in the area.

Amenities

All the required necessities like petrol pumps, schools, eateries, bus stations, ATMs, banks, shopping facilities and so on, are available in the area of Prestige Jindal City. Other exciting amenities include Gymnasiums, Clubhouses, Games Rooms, Jogging Tracks, Swimming Pools, Party Arenas, Gardens, Spas, Food Courts are available in the project for keeping everyone engaged in hobbies and interests. The Landscapes and gardens are designed keeping in mind the appreciation of beauty so you never miss the mornings filled with lush green covers and melodious bird chirpings.

Conclusion

If you dream to own an ultra-luxury, beautiful, and comfortable home in the area of Tumkur Road, you really have to grab this opportunity before it gets late. The Prestige group is a famous brands that has delivered some of the best projects and has unique developmental projects in its arsenal. 

TIPS FOR A HOME TEMPLE AS PER THE VASTU SHASTRA

Temple is a basic part of Indian homes and a large portion of the home buyers plays it safe of keeping things in accordance with Vastu. Vastu sets down particular standards and specifications with respect to home temple on the grounds that on the off chance that it is developed in wrong place, at that point residents will not benefit from the veneration. Builders like Godrej are coming up with projects such as Godrej Seven in Joka Kolkata that complies with all the laid principles of Vaastu, while keeping provision for vastu compliant home temple.

Home temple ought to be planned legitimately and warily as temples are not the matter of sacredness but rather they relate us and our feelings with God and universe. Accordingly to get positive vibrations and advantages from pooja, home temple ought to be in terms with Vastu.

VASTU TIPS FOR HOME TEMPLE

As per VastuShastra, a temple in a home or office shields the space from harmful vibes. Despite the fact that it additionally recommended that following a couple of Vastu tips close by establishment of a temple will totally benefit you. Following are a few guidelines one needs to follow with a specific end goal to increase most extreme positive vitality and bring joy and thriving into a home.

• Temple ought to be set higher with the goal that God feet must go to the level of devotee’s chest.
• Keeping God's idol  which is more than 10 inches is viewed as inauspicious. 
• Continuously keep some insulation while praying or sitting in the temple, for example, carpet or cover.
• Home temple is perfect in wood while marble developed temples are additionally viewed as suitable. 
• Wooden temples ought to dependably have dome at the best. 
• Try not to keep temple on the floor specifically in light of the fact that this implies lack of regard of Gods. Always establish some framework before keeping the temple on it. 
•  Dia in the temple ought to be lit in South-east. This direction is supposed to be auspicious for the home and people living in it. It not only attracts positivity but also money and happiness.
• Do not keep late predecessor's photo in home temple since along these lines means  disregardinging God and universe.
•  Home temple ought to be in a perfect place set in North-east corner which is otherwise called Ishaan corner and another option is East which implies setting in East facing West. 
• Avoid placing the home temple under any beam or cupboard or you will be always under stress 

THE RIGHT DIRECTION

Always remain in the focal point of your home with a compass in your grasp to discover the directions of your home. The primary passage is the mouth of a house which acquires the vitality. Stay away from a property which has an entryway confronting south-west, as it is the passage of the devil  and brings in struggle and misfortunes. On the off chance that your home as of now has one, settle two Hanumanji tiles outside the entryway and see the difference.

A temple whether for a home or for an office is an excellent expansion. A home temple is considered to give out positive vibes and a profound association with the God. It gets virtue to the home as well as influences you to feel sheltered and secured. It is trusted that a temple in your home acquires good fortunes and tosses out different negative energies.

Few terms that you must know before buying a house.

Buying a house is not an easy task. There are many things to look up at before buying a house. If interested to buy or invest then Sumadhura Eden Graden in WhitefieldBangalore is best choice for you.

                           

When you talk to your real estate agent, they talk about some terms about which you are clueless. The terms about which people get confused are carpet area; built-up area and super built-up area. These terms create a big confusion in the minds of the people. These are the three ways to calculate the area of the house. These terms really affect the cost of the house which you are buying. If you are not aware of these terms, your real estate agent can make you a fool and get extra money from you. There are no sciences behind these terms, you just need to read about these and you will be quiet clear about how these terms help in buying a house.

Carpet area

Carpet area is the actual usable area enclosed within the walls of an apartment or any other building excluding the thickness of the inner walls. It is the area in which you can actually lay the carpet. Basically, it is the actual area you get to use in a house or an apartment. Carpet area does not include the common areas such as a lobby, lift, and stairs, play area, etc. So when you look for a house, ask the carpet area because this calculated number will give you an idea that how much space you will get to use in the house. Nowadays, builders or the real estate agent does not mention the term carpet area, they charge you according to the super built-up area.  Depending on your builder, the carpet area can vary from 50-80% of the super built-up area. Therefore, one must always ask the ratio of carpet area to the super built-up area as more the ratio of carpet area to super built-up area, more space you get to use in the house.

Built up area

Built up area is the area which you get after adding the wall area and area of the balcony to the carpet area. It is also known as the total area of the house. Now, wall area is not the surface area but the thickness of the inner walls of a house. The area of the walls is about 20% of the built-up area and the area of the balcony cover 10% of the built-up area. So, in actual, the usable area of the house is 70% of the built-up area. The built-up area does not include the common areas.  

Super built-up area

Super built-up area is the area which you get after adding the built-up area and the common areas that include a lobby, lift lobby, lift, stairs, clubhouse, indoor sports room etc. it is also called the saleable area because, on the basis of super built-up area, a builder charges you. Super built-up area does not include septic tanks, compound walls, open swimming pool, etc.

Do learn these terms before buying a house. This will help you a lot in making a right decision according to your requirements. 

LONG-TERM CAPITAL GAINS TAX AND THE IMPACT ON INVESTING IN MULTIPLE HOUSES

With new and affordable properties coming up in the market like that of Sumadhura Eden Garden Project by Sumadhura builders, prospective purchasers are more than willing to invest in more than a single property, however, can investment be made on multiple houses for Long Term Capital Gains is the question.

As per Indian duty laws, an assessee is qualified for guarantee exclusion on long term capital gains tax, marked down of a property or some other resource, if s/he buys a private house. Be that as it may, there are a couple of hazy areas in this exception.

An inquiry that emerges, is whether the assessee can put resources in excess of one residential house and claim capital gains exemption under Section 54 or 54F.  Tax payers could assert long-term capital gains tax exemption by putting resources into in excess of one house property. Be that as it may, a change was made to the income tax laws, which supplanted 'a residential house' with 'one residential house', with impact from April 1, 2015.

CAN INVESTMENT BE MADE ON MULTIPLE HOUSES FOR LONG TERM CAPITAL GAINS

It can be sensibly induced that even after the change of Section 54 and 54F, accommodating exception from long-term capital gains tax, just if the speculation is made in one residential house property, one can in any case put resources into in excess of one house and claim the tax exclusion, given the  taxpayer can demonstrate that every single such flats are utilized as a solitary private unit by the family.

On the off chance that the assessee has acquired in excess of one private house and the houses are in various areas, at that point, the assessee could claim exemption only in respect of one house.. Be that as it may, the taxpayer would be qualified for exclusion in excess of one unit, if the two neighboring or persistent units are changed over into one residential house, and the two units are expected to be utilized as a solitary house for the family's home.

LIMITATIONS

Long Term Capital Gains from sale of real estate pulls in tax of 20.6%, with indexation. In any case, segment 54 of the Income-Tax Act, 1961, gives that long term capital gains tax can be spared by reinvesting in a private property, and as amended by the Finance Act, 2014—reinvested in one private unit. The new house must be purchased either 1 year before the exchange of the older property or 2 years after the exchange. In the event that you wish to build a house, it ought to occur within 3 years of exchange of the older property. Keep in mind, it is required to keep the sale proceeds  in a different record under the Capital Gain Account Scheme (CGAS) in the event that you intend to purchase a property later—however not following 2 years have terminated. Regardless of whether you are building a house, the cash ought to be kept in CGAS to avail the tax benefit. Withdrawals can be for development, and no other reason.

The new house must be in India and ought to be the main residential property you possess. In addition, on the off chance that you purchase another new house or build one (other than the new one), within a time of 2 years or 3 years, respectively, from selling the older house, you lose the tax cut. The new house can be sold just 3 years after it is purchased or built.

DDA may merge 1 BHK units soon

There has been a lot of talk about changing the pattern of BHK apartments to make them interesting and attractive for the buyers. The Delhi Development authority has taken the decision to alter the market by changing the design of 1 BHK apartments and make it more appealing for the customers. The finest example of this would be Godrej Zest Project, which has changed its designs already. The DDA might as well quickly break down the walls and combine the apartments and put them under 2 BHK apartments.

Decision of the DDA:

The sales of 1 BHK department have come down drastically, and this is naturally a reason why the authority came up with the decision. The Delhi government has hence thought of converting these buildings into units of 2 BHK apartments so that they sell off faster. They have also started working on the same, and by the end of this year, there may be a huge number of converted 2 BHK projects, which will be useful for the people in Delhi, since they probably do not prefer the usage of 1 BHK project. 

Godrej Zest:

It provides the best living ecosystem for all the homebuyers. It is well equipped with a lot of amenities which make it the top choice for living. This property is also RERA assigned, making it the safest project to invest in. this project has created a whirl in the market already.

Why would one prefer Godrej Zest:

                           

The connectivity is the best in this part of the city, and it is a gated community, with splendid opportunities, amenities and facilities. Godrej puts its heart out to all the projects it designs and hence this is an undoubted masterpiece. There are different units of different sizes available in these apartments, giving them the chance to buy the property that they wish to buy. This project is a beautiful enclave for all the residents who would love to have a luxurious stay.

Amenities:

The huge lists of amenities that are available are both for leisure, workout and relaxation. The amenities that are provided are children’s play area, lift, cricket, swimming pool, badminton, indoor games, tennis, landscaped gardens, yoga, volleyball, daycare, aerobics, fire extinguisher, community hall, internet, jogging track, utility stores, gymnasium, and security services.

                           

Now that the properties will be converted to 2 BHK properties there will be a lot of buyers who will demand for the same properties. The market needs have changed, which is why this is compulsory. The decision is definitely a wise one, since if there is no market for the 1 BHK apartments, it is justified to demolish the walls and create more spacious apartments which will sell off quickly like hot cakes.

This move that has been recognized by the government is even better for the real estate market, since this will channelize in more money. Better than the property being frozen, it is always advisable that the projects be designed according to the market needs.