Buy a Home this Gudi Padwa and Enjoy Duppat Anand

Wednesday, 3 April 2019

 

India, the land of rich cultures, celebrates numerous festivals throughout the year which mark the beliefs and customs of the country. One such festival is ‘Gudi Padwa’, celebrated in the month of Chaitra, this is the new year for the Maharashtrian community. On this day, buying new things such as jewellery, car, home, etc. is considered auspicious. However, property is considered the best investment one can make on this day. Are you waiting for the right opportunity to book your dream home? ‘Gudi Padwa 2019’ gives you all the right reasons.

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Reduction in GST

As per the GST council meet that took place in February 2019, the GST rates for affordable housing have been cut down from 8% to 1%. In addition to that, from April 2019, the GST rate on real estate properties under other categories will be reduced to 5%.

Lower interest rates

Lately, the Reserve Bank of India is pushing banks to lower their interest rates, making it a favourable time for you to buy and invest in real estate. Also, many developers who lend high-ticket sized homes have introduced offers such as Equated Monthly Instalment (EMI) holidays, waiver of processing fees and documentation charges, etc.

Capital gains and affordable housing

Since Gudi Padwa has arrived right after the Union Budget 2019, which has promoted affordable housing in a unique manner. This has influenced many real estate developers to come up with budget-friendly homes. Thus, increasing the number of affordable homes in the city. Also, with the rollover of capital tax gains, now a taxpayer with capital gains of 2 crore can re-invest in more than one house. However, this can be exercised only once in a lifetime.

Find all these benefits along with future-proof spaces at Kolte Patil Developers. Add ‘Duppat Anand’ to your Gudi Padwa celebrations by booking your dream home.