Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
A 34-year-old Reddit user’s question about whether a household earning ₹3.2 lakh per month can afford to purchase a ₹2.4 crore apartment in Bengaluru has sparked a discussion on financial planning, home loans, and rising property prices in the city. A 34-year-old Reddit user’s query on whether a household earning ₹3.2 lakh a month can […]
Tariq Ahmed, CEO (West) of Prestige Estates, said he conducts temperature checks on their customers, which showcases a positive momentum. “Homebuyers, from those willing to take a ₹1 crore apartment to those willing to take a ₹100 crore apartment, are willing to take long-term home loans over five years, which suggests a high level of […]
Rajesh Desai, an NRI, purchased an apartment in Bengaluru for ₹1.5 crore. He complied with Foreign Exchange Management Act (FEMA) rules by making payments through his Non-Resident External (NRE) account. Since the transaction involved a resident seller and exceeded ₹50 lakh, 1% Tax Deducted at Source (TDS) was deducted. RBI approval was not required, as […]
