Monthly Archives: September 2021

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cauliflower manchurian

How to Make Cauliflower Manchurian recipe

Category : Samayal Contract

INGREDIENTS

for boiling:

4 cup water 

1/2 teaspoon salt 

20 florets gobi/cauliflower 

1 cup cold water 

for batter:

3/4 cup maida / plain flour 

1/4 cup cornflour 

1/2 teaspoon kashmiri red chilli powder 

1/2 teaspoon ginger garlic paste 

1/4 teaspoon salt 

1/2 cup water oil for deep frying

for manchurian sauce:

4 teaspoon oil 

2 clove garlic (finely chopped) 

1 inch ginger (finely chopped) 

1 green chilli (slit)

INSTRUCTIONS

  1. First, heat 4 tsp oil in a big Kadai and sauté 2 clove garlic, 1-inch of ginger, and 1 green chili over high heat.
  2. Also, on high heat, sauté 14 onion and 2 tbsp spring onion.
  3. Add 12 capsicum and continue to sauté until they change color slightly.
  4. 2 tbsp tomato sauce, 1 tsp chili sauce, 2 tsp vinegar, 2 tsp soy sauce, 14 tsp pepper, and 14 tsp salt
  5. Mix thoroughly and sauté for 1 minute.
  6. Mix in the cornflour slurry.
  7. Mix well until the gravy thickens slightly and becomes transparent.
  8. In addition, add fried gobi.
  9. Gently fold in the sauce, making sure it is well coated.
  10. Finally, transfer the gobi Manchurian to a serving bowl and top with chopped green spring onions. Toss with fried rice and serve.

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Cauliflower-Pakoda

How To Make Crispy Cauliflower Pakoda

Category : Samayal Contract

Ingredients

  • Cauliflower Florets, 2 cups
  • 1 cup Maida / All-Purpose Flour
  • 2–3 tablespoons Corn Meal
  • Season with salt to taste
  • 2 tablespoons Green Chili Sauce
  • 1 tablespoon Ginger Garlic Paste
  • A handful of Curry Leaves
  • 2–3 Green Chilies
  • Deep-frying Cooking Oil

Instructions

  1. Cauliflower should be washed and sliced into bite-sized pieces.
  2. Place the cauliflower in a microwave-safe bowl.
  3. Add enough water to cover the florets, as well as a bit of salt and turmeric.
  4. Once finished, drain and set aside.
  5. In a mixing bowl, combine the flour, salt, ginger-garlic paste, and chili sauce. Toss the florets in the basin to combine.
  6. Sprinkle with water to ensure the florets have a good covering of flour.
  7. Season with salt and pepper to taste.
  8. Heat the frying oil in a kadai and then carefully drop in the cauliflower florets to deep fry.
  9. Using a kitchen towel, blot the excess fat.
  10. The curry leaves and green chilies should then be fried.
  11. Add the curry leaves and green chilies to the pakodas in a bowl.
  12. Serve immediately.

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real_estate1

The Primary Advantages of Purchasing an Investment Property

Category : Real Estate Agency

Many Australians consider residential property to be a good investment. So, what are the advantages of purchasing an investment property, and is it appropriate for oneself?

Typically, property investment is done for either capital growth (as the property’s value rises over time) or rental income (by leasing the property to tenants).

While some types of properties can give a balanced mix of returns, it is extremely unusual to locate a property that can generate both capital growth and rental income.

Here are some considerations to help you decide which is best for your scenario.

Investing for capital growth

Capital growth occurs when the value of property improves over time, increasing the owner’s personal wealth.

When the value of a property rises, investors might use the equity (the difference between the property’s worth and the amount of debt owed on the mortgage) for personal purposes, such as purchasing another investment property, going on a vacation, renovating their home, or purchasing a new car.

Alternatively, the owner can sell the investment property and keep the proceeds, or use them to help pay off the mortgage on their primary residence. It is crucial to note, however, that there will be tax to pay on the gains, as well as selling agency costs for the sale of the property. Discover why the Real Estate is a long-term investment.

While calculating predicted returns, investors should consider any other costs they’ve incurred along the way, such as loan interest and stamp duty, and settlement fees paid when purchasing the property.

Use our simple home loan fees calculator below to find out more about the costs of purchasing a home.

Investing for rental income

Rental revenue is the money you make from renting out your home to a tenant.

If the rental revenue exceeds the expenses of owning the property (such as loan repayments, maintenance charges, and property management fees, among other things), the property is categorized as positively geared, which means you end up with additional money in your pocket each week. This money is effectively an additional source of income that can be utilized for discretionary spending, bill payment, or debt repayment on your family home.

If the rental revenue does not cover all of your holding costs, you will have to contribute part of your own money to meet these payments — this is referred to as a negatively geared property.

If the property is negatively geared, it is especially crucial to consider the impact of additional mortgage payments on your budget if interest rates rise.

An excellent technique to establish if a property has a high rental income is to calculate the rental yield, which is a computation of the property’s valuation and the annual rental revenue.

By calculating a property’s rental yield, you may compare it to other homes in the same suburb or city to see how it stacks up. In a nutshell, rental yield is a more accurate comparison of rental returns.

What is rental yield?

The monetary return (i.e. rental income) you earn from leasing your investment property to a tenant is referred to as rental yield. It is expressed as a percentage and might be either gross or net yield.

The overall cash return earned by your property before expenses such as property management fees, loan repayments, and insurance, for example, is known as the gross yield. The net yield is the monetary return that remains after deducting all expenses.

How do you calculate rental yield?

Consider a $400,000 investment property with a tenant who pays $350 per week in rent.

Gross rental yield

Find the annual rental income: $350 per week x 52 weeks = $18,200.

Divide the annual rental income by the property’s cost and multiply by 100.

$18,200/$400,000 multiplied by 100 equals 4.55 percent

Net rental yield

Because net yield considers all expenses associated with the property as well as the entire cost of the property, not just the purchase price, it provides a better indicator of whether you can afford to hold an investment property.

Examples of expenditures and expenses that must be considered when calculating net rental yield.

Property expenses:

  • Fees for stamp duty settlement
  • Fees for building and pest inspections
  • Loan fees

Annual costs:

  • Fees for property management
  • Periods of vacancy
  • Insurance is priced by the council.
  • Fees for strata and maintenance
  • Repayment of loan interest

The net rental yield is more complex to calculate because it takes into account a variety of fees and expenses. It can, however, be calculated as follows:

[(Annual rental revenue – annual expenses) / total property cost] multiplied by 100.

It is important to note that rental yields are influenced by a variety of factors, including the type of property (house, apartment, villa, etc.), its age (newer vs older), its location (state vs. state, country vs. regional, inner-city vs. urban fringe, etc.), as well as the demand and supply-side drivers. Karaikudi is a lovely place in which to invest in real estate.

Investing for tax benefits

Some people invest in real estate for tax advantages, such as depreciation claims.

Investors who purchase a brand-new investment property can deduct some depreciation from their taxable income, such as the depreciation of the building and things classified as plant and equipment, such as hot-water systems, air-conditioning units, and draperies.

If the property is negatively geared, investors can deduct their losses from their taxes.

While tax benefits can be advantageous, they should not be the major motivator for purchasing an investment property, since you may wind up with an underperforming home. Investors and those considering investing should stay up to date on the newest tax legislation, as they are subject to change.

Determining what’s right for you

It is critical to understand what you want from an investment property and to identify the types of properties that will assist you in meeting your investment objectives.

Some properties may generate higher rental income while others may have greater capital growth potential, but an individual property rarely provides both.

It might also be beneficial to seek guidance from industry professionals such as an accountant, financial planner, Home Lending Specialist, or buyer’s agent.


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How to become an agent for real estate

Category : Real Estate Agency

In the United Kingdom, becoming an estate agent is a pretty simple process. In contrast to most other nations, the United Kingdom does not require any specific educational background or licensing to become a Real Estate agent. However, there are a lot of things you may do to prepare for a good start in this sector.

1 Get a degree in estate and property management to give yourself an edge.

Although a degree is not legally required to become an estate agent, completing university will provide you with a solid foundation for a profession. Furthermore, having a degree can demonstrate to future employers and clients that you have had the training to handle all aspects of selling a home.

Universities provide Bachelor’s and Master’s degrees in real estate, depending on your experience while entering a program.

Other degrees, such as business administration, planning, finance, or the law, can be useful as an estate agent.

2. Find a certificate course program to get specialized training in the field.

If a university is not an option for you, certificate programs that provide a hyper-specialized training overview of estate agencies are available. These programs are sometimes finished in a few months or less, and they are frequently specialized in residential, renting, or commercial real estate.

Several membership organizations, such as the INEA (Independent Network of Estate Agents) or the NAEA (National Association of Estate Agents), provide these types of courses in addition to continuing education seminars once you become an agent.

Working with clients, when and how an agent becomes engaged, property appraisals, sales, buying, financing, negotiation, and, most significantly, the legal duties and expectations of agents will all be covered in certificate programs.

3. Develop your communication and interpersonal skills.

Because it is critical to be able to communicate well with clients, being an estate agent is a career for someone who appreciates working face-to-face with a wide range of personalities. Pay close attention to what your clients tell you they’re looking for. Make an effort to be available during regular business hours and to answer client calls and emails as soon as possible. 

When explaining what they’re searching for, use nonverbal cues like nodding and smiling to show your clients that you’re attentive to their demands.

4. Learn to negotiate.

To obtain your clients the best deal possible, you’ll need to bargain with sellers, buyers, and other brokers. Before negotiating, agree on a maximum or minimum price with your client so that you can stay within their budget. Don’t let others hurry you, and remember that it’s perfectly fine to walk away if a fair bargain cannot be reached.

Negotiations should not be taken personally; after all, they are business.

1. Work in sales and/or business before jumping in with an estate agency.

Estate agents must have a variety of talents, but two of the most vital are sales and general business knowledge. Working in the sales business, for example, will not only help you be more prepared to sell houses, but it will also demonstrate to a future employer that you can do the same with properties.

Working in business, property management, or even construction will give you an advantage when you begin this professional path.

Even general retail experience can indicate your ability to work with consumers and create sales. Karaikudi is the best place to invest in real estate.

2. Take an apprenticeship at an estate agency firm to get your foot in the door.

Working directly with other agents can offer you essential industry expertise. As an apprentice, you will be able to shadow, assist, and work alongside experienced agents who will be able to teach you what it takes to be successful in their profession.

This is also an excellent opportunity to learn about the many sorts of estate agencies, such as residential, rental, and commercial. Some firms will specialize in one or the other, while others may handle both.

Inquire with local estate agents to see whether and how they handle apprenticeships. Because there is no formal, necessary structure for apprenticeships, they will differ from one organization to the next.

3. Create a strong CV that’s targeted to the job you want.

On your CV, including personal information, education, professional experience, and applicable abilities. Use a legible typeface and make sure your CV is error-free; it’s a good idea to have a friend or family member read it over before printing it or sending it off. 

Read the job description numerous times before tailoring your CV to what the employer is searching for. For example, if they want someone with a degree and you have one, but that is at the top of your CV.

For jobs as a real estate agent, you may wish to include abilities such as “strong communication skills,” “works well with others,” “excellent negotiator,” “architectural knowledge,” “background in business and finance,” and so on.

4. Look online, network, and attend job fairs to find leads.

Indeed and Craigslist frequently publishes job openings for estate brokers. You can also ask relatives, family members, coworkers, and acquaintances if they are aware of any companies that are looking for estate agents. Don’t forget to ask old classmates and instructors!

In addition, attend local job fairs to meet with real estate brokers in your area.

5. Find an estate agent position at an existing firm once you’re ready.

If you have a little more experience or a certificate or degree on your CV, you may be able to apply directly as an agent. Starting with an established organization can provide you with the support you need to get started while gaining experience.

In the United Kingdom, there are numerous national and regional chains. Furthermore, existing firms will frequently have existing clients that they can transfer off to new agents in order to receive help from other agents.

  • When applying for these positions, make sure to mention any training or sales experience you’ve had. You want the company to know they are hiring someone who can assist them in successfully buying or selling properties.
  • Once you’ve gained some experience, you can launch your own independent business. After a few years of working as a real estate agent, you may wish to create your own agency to handle things your way. Make sure your estate agent businesses are registered with Companies House. You will also be responsible for taxes, legal liabilities, and any employees you may hire in the future.
  • Many estate agents choose to stay with existing firms or chains throughout their careers to avoid some of the problems that come with handling every area of the business. Make care to consider all aspects of establishing a business on your own.
  • If you have any trusted estate agents who wish to go out on their own, talk about forming a partnership. This can help to delegate some of the work and provide you with someone to answer the phones while you are away from the office!

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kesari

CHETTINAD STYLE FRUIT KESARI RECIPE

Category : Samayal Contract

Ingredients

  • 1 cup rava, sooji, or semolina
  • 2 cup sugar
  • 1/2 cup coarsely chopped apple
  • 1/2 cup coarsely chopped pineapple
  • 1/4 cup Raisins
  • 1/8 cup cashews
  • 1/4 cup of ghee
  • 1/4 cup olive oil
  • Optional: 2 drops pineapple essence
  • a pinch of salt
  • Water (2.5 cups)

Instructions

  1. Chop the fruits and set them aside for at least 30 minutes with 3 tablespoons of sugar. Heat the cashews in a pan with ghee and oil. Simply give it a good swirl. There’s no need to make it golden.
  2. Stir in the raisins over medium heat until completely swollen. Add the rava and toast until the raw scent disappears. There’s no need to wait for the rava to turn color.
  3. Side by side, bring water to a boil and add it to the roasted rava. As it boils, be careful not to overflow or spill. At this point, season with salt. Mix until it reaches a thick consistency.
  4. Cook for 4 minutes, covered, over low heat, or until done. Combine thoroughly.
  5. Mix in the sugar and food coloring (please use natural plant-based food coloring). It’s accessible online or in specialty food stores). Mix until the mixture is watery.
  6. Remove the watery sugar from the bottom and add the fruits. Combine thoroughly.
  7. Continue to mix until the Kesari begins to leave the edges of the mixing bowl, then transfer to a serving bowl.

Notes

  • The oil helps to keep the Kesari’s loose texture, which is vital. If you use all of the ghee, it will become excessively thick.
  • To avoid the oil smell in the Kesari, use only refined sunflower oil or another oil with a milder flavor. There will be no groundnut oil.
  • You can use a variety of fruits, including pear and fresh grapes, both brown and green.
  • I didn’t use any essence because the pineapple and apple flavor is strong enough on their own.
  • If using essence, mix it in with the food color. Don’t add any more because it will ruin the flavor.
  • Vanaspati can also be substituted for oil. However, it solidifies in the same way as ghee does.

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karamani masiyal

How to Make Karamani Masiyal

Category : Samayal Contract

Ingredients:

  • a cup of karamani
  • 10-12 tiny peeled onions
  • 1 teaspoon turmeric powder
  • 1 tablespoon coriander powder
  • 1 lemon juice, salt to taste

Seasoning

  • 2 teaspoons til oil
  • 1 teaspoon mustard seeds
  • 1/2 teaspoon cumin seeds
  • 2-3 red chilies, cut into pieces
  • 1 curry leaf sprig

Method:

  1. Wash and soak the karamani overnight. Cook till soft the next day in a pressure cooker. When the potatoes are cold enough to handle, lightly mash them.
  2. Heat the oil, add the seasonings in the order listed, and when the curry leaves are done, add the onions (cut them into slices if they are too large) and fry until light brown. Stir in the turmeric and coriander powders.
  3. Add the cooked karamani and salt and continue to boil for a few minutes. Remove from the heat and stir in the lime juice.

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sundal

Payaru Sundal Recipe

Category : Samayal Contract

Ingredients

  • 2 cups Sprouted Green Gram (Soak green gramme overnight, drain,tie them up in a muslin cloth for another 12-14 hrs for them to sprout)
  • 1/4 teaspoon black mustard seeds
  • 1 tablespoon divided black gramme
  • 2-3 dried red peppers (or as per taste)
  • 2–3 tablespoons grated coconut ( use frozen if you like – you can increase or decrease the qty as per taste)
  • season with salt to taste

Method

  1. Because this recipe is so basic, there aren’t many steps for me to demonstrate. However, I will go into greater detail on the strategies used by other households. 1st Method – Raw Salad (Highly nutritious) This is the way I like because it provides far more nourishment than the other two. Because there is no cooking, the sprouts retain their nutritional value. Simply heat the mustard seeds in the oil. When they begin to sputter, add the split gramme and red chilies. When they begin to brown, add the coconut and cook for 1 minute, or until the rawness of the coconut is gone. Turn off the heat and, after a minute or so, add the sprouts and stir with salt until combined. Serve
  2. Steamed Salad (Method 2) ( Medium nutrition ) Few people find the rawness of the sprouts strange. Steam the sprouts for 1-2 minutes for such persons. Less interaction with water is preferable. Steaming should take care of the rawness of the sprouts before proceeding with the same approach as described previously.

3rd Method – Cooked Salad ( Comparatively Low nutrition to the previous 2 ) I notably add the comparable portion because this salad is far healthier than any other cuisine. As a result, ingesting this in any of the approaches would undoubtedly improve the nutrition of your daily demands. It’s simply a matter of making it as nutritious as possible. Once the tempering is complete, simply add the sprouts and toss them about on low heat for 1-2 minutes, or until the rawness of the sprouts is gone.


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real-estate

5 Real Estate Business Ideas to Try in 2021

Category : Real Estate Agency

One of the most promising business industries to consider is real estate. We might even say that real estate is the most important contributor to the global economy. There is no shortage of viable real estate company ideas in today’s fiercely competitive environment. Real estate provides numerous commercial prospects, particularly with the growth of technology.

Eye-Catching Stats of Real Estate Sector

  • In fact, just 7% of buyers will acquire the home straight from the owner.
  • Approximately 93 percent of purchasers will first look at the website’s online listing.
  • Millennials account for 37% of all house buyers in the market.
  • According to realtors, employing drone technology to showcase property results in a 68 percent speedier deal.
  • More than half of brokers believe that leveraging technology helps them attract more customers.
  • It has been determined that one out of every five drone shoots will be for real estate purposes.

According to the statistics, you may find a plethora of new business ideas in real estate, but the success of the firm will be determined by the strategy and real estate business model you select. As a result, realtors are finding it increasingly difficult to market their properties in the midst of the COVID 19 pandemic. Because there is always the risk of becoming infected with COVID, purchasers choose real estate companies that employ technology to showcase their properties.

Here are some of the top real estate ideas to follow in 2021 for people who wish to try their hand in this field. The essay even delves into the future of real estate company models and how to launch your own in 2021. Take notice that all of the real estate business strategies discussed in this article can be readily combined with technology.

So, without further ado, let us go into real estate business ideas.

Top Real Estate Business Ideas

1. Online Auction

Online auctions are also a profitable real estate business plan to follow. Online auctions have long been a way to get a good deal on the Real Estate. Foreclosure.com, Auction.com, AuctionFox, RealtyBid.com, and other websites will help you get a better understanding of what an online auction is like.

How Online Auction Works?

An online auction works in the same way that consumers register on your site to buy or sell properties. The procedure is significantly different from that of a typical property purchase and sale. Here are three critical components of an online auction:

  • Property owners, real estate agents, investors, asset managers tasked with selling REO, and others can all be sellers in an online auction. Most online auctions enable licensed real estate specialists to participate.
  • Clients for such online auctions may be individuals looking for low-cost housing, brokers acting on behalf of buyers, or real estate speculators interested in purchasing such properties.
  • The owner of the online auction site, who will oversee the entire auction process.

Types on Online Auction for Real Estate

A few examples of online real estate auctions are provided below.

Foreclosed Property: These are properties that have been compelled to be sold in order to repay the debt sum. Such properties are sold as an alternative to the loan in order to avoid any legal procedures.

Short-Sale Property: The property is sold by the homeowner, most likely to pay off the lender’s obligation. This form of auction benefits both the lender and the borrower because it allows them to avoid the situation of foreclosure.

Flipped Property: These are properties owned by real estate investors who prepare them for online sale. Flipped properties are well-known among first-time home buyers.

Retail Property: This category includes properties for shopping malls, stores, service firms, and more. This type of property is typically purchased by business owners or investors wishing to expand their firm or portfolio.

People are becoming increasingly interested in online auctions as a result of the COVID 19 crisis. It is one of the top real estate business ideas that require no work.

2. Online Property Listing

Property listing is an evergreen real estate business idea that, when properly strategized, never fails. More than 90% of buyers begin their search for a home by looking at the property’s web listing. The COVID 19 effect is one of the causes behind the surge in online property searches. People are using online services to avoid being infected as a result of the virus. It definitely demonstrates the internet property listing’s popularity. Zillow, Trulia, Redfin, and other major property listing websites are listed below. You can use these websites and apps to generate new real estate business ideas for your future ventures in this industry.

How Online Property Listing Works?

The real estate business model for online property listing is based on the criteria listed below.

  • Only for sale properties should be listed.
  • Listing homes for sale and rent
  • Properties that are solely available for rent.

You can create a property listing platform where property owners can register and advertise their properties with the necessary information. Buyers and renters will look at residences based on their needs. They also communicate with the property owners in order to reach an agreement. Karaikudi is the ideal spot to invest in real estate.

The platform owners take a predetermined commission charge from the property owners on each transaction. That is how online real estate listing platforms function.

3. Online Rental Business

The rental industry is expanding all the time. People are constantly moving from one location to another, creating a demand for rental accommodations. You can begin with this real estate company concept without putting in additional work.

For your internet rental business, you might create a brokerage business plan. You have two alternatives here: start renting out your own properties or develop an online marketplace where property owners may register to rent out their houses.

There are numerous advantages to running a real estate rental business online. It can simplify many steps that are time-consuming in traditional renting. Renters may pay their rent online, and if they have any questions, they can ask them online. You can get in touch with a large number of property owners that want to rent out their properties. Property owners can offer spaces on a marketplace platform, and you can charge a set commission on each booking.

It is one of the most profitable real estate business ideas that can help you earn a lot of money. If you’re searching for a real estate business strategy that requires less effort, an online rental business may be a good option.

4. Property Management

Maintaining a professional connection with landlords, tenants, contractors, and others is part of property management in real estate. This real estate business concept is for someone who understands how to manage both properties and people.

The property management real estate industry has its own set of dangers and obstacles. But, like with any risk, there are benefits if the process is followed correctly.

How Property Management in Real Estate Works?

The first and most important step that all property management firms must do is to create a legal structure for the company. We are all aware that the real estate industry entails additional legal procedures. Property management is carried out with the assistance of three critical aspects, which are listed below.

A Real Estate Lawyer: A property management lawyer will verify all paperwork to avoid any problems in the future. The real estate lawyer’s paperwork ensures that the property management company is free of the risk of fraud.

Contractors: A property management company requires contractors for emergency maintenance and repairs. For example, plumbers, electricians, home inspectors, pool and roof services, landscapers, painters, and other professionals may be required in an emergency.

Accountant: A property management company must handle a large number of transactions in a single day. As a result, an accountant who can handle numbers in a real estate company is essential. The accountant is in charge of the company’s audit, keeping records, providing business advice, and so on.

Create an online property management platform where you can perform all necessary activities to make your life easier. In addition, the platform maintains your company’s data safer than old methods. There are numerous real estate software development firms that can simply construct a property management platform based on your specifications.

5. AR/VR Technology

One of the top real estate business ideas thriving in the market during COVID 19 is showcasing properties using AR/VR technology.

“According to projections, AR/VR technology in real estate is expected to reach $2.06 billion by 2025.”

These technologies aid in the reduction of time and money spent on property visits. AR/VR allows users to virtually visit properties from any location and at any time. Real estate agencies who use this technology claim to be able to close a deal faster than traditional property displaying.

The nice aspect about AR/VR technology is that it eliminates the need for property staging (property interiors) for showing the property. AR/VR can even portray the interior aspects of a home virtually. In a nutshell, customers can see the property with all necessary interior designs. Customers can even purchase the interiors they see during virtual tours of a house using virtual commerce.

Building a real estate mobile app by combining these technologies is a one-time investment. Building an application is no longer a time-consuming effort; simply provide your requirements.


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real_estate1

What are the advantages of property investment?

Category : Real Estate Agency

When it comes to investing, there are numerous options. Investing in real estate is one of the best financial possibilities to explore. Investing in Real Estate has various advantages that distinguish it from other sorts of investments, such as stock investment. The three advantages are as follows:

Numbers Don’t Lie.

Let’s look at two examples to see how this works.

Case 1 – Assume you rent a three-bedroom house for 20,000 INR per month. This is far lower than the actual rental values in cities and other residential suburbs. Let us also assume that the average property rental value rises at a rate of 5% each year. Again, this is far lower than the typical.

Case 2 – Assume you purchase a ready-to-move 3-BHK home for 40 lakhs. You take out a twenty-year mortgage.

Here’s a look at the figures in both cases.

As you can see in this example, renting a property results in about the same cost as buying a house. When you buy a home, though, you are creating an asset that will increase your wealth.

Freedom

While living in a rented flat, the individual or family must abide by the landlord’s rules, which include no drilling holes, no entertaining guests at night, no house parties after 10 p.m., no cooking non-veg at home, and so on.

Buying a property, on the other hand, allows people the freedom to live their lives without being constrained by the landlord’s constraints. Property investment in Karikudi is a wise decision.

Hedge against Inflation.

The unexpected rise in the economy’s inflation rate can affect the cost of living for families/individuals, including the growth in investment property values.

Inflation allows property landlords to boost the amount they demand rent, putting an additional burden on tenants. The value of investment properties rises to compensate for inflationary pressures.

When you own a home, your mortgage payment is not influenced by inflation because it is pre-determined at the time of the agreement with the bank, implying that the absolute worth of the property falls with inflation. This is a blessing in disguise for the owners because they no longer have to bear the additional cost of paying the extra rent. As a result, buying a home might give you additional property investment security amid inflation.

Pradhan Mantri Awas Yojana(PMAY)

With effect from 17.06.2015, the “Housing for All” Mission for urban areas has been introduced to give central assistance to implementing agencies. Under this mission, the Credit Linked Subsidy Scheme is available.

Criteria and Benefit:

For Middle Income Group (MIG) – 1

  • Under India, no one should have a residence in their name.
  • The annual household income should range from INR 6,00,001 to INR 12,00,000
  • The carpet area of the apartment should not exceed 90 sq.mt (969 sq.ft)
  • Subsidy benefit of 4%, i.e. Rs 2,35,000/-

For Middle Income Group (MIG)– 2

  • Under India, no one should have a residence in their name.
  • Annual household income should range between INR12,00,001 and INR18,00,000
  • The carpet area of the apartment should not exceed 110 sq.mt (1184 sq.ft)
  • A 3% subsidy is available. that is, Rs. 2,30,000/-

Tax Benefits:

Section 80C of the Income Tax Act of 1961 allows for a deduction on principal loan repayments of up to 1,50,000 INR. Furthermore, they can profit from their real estate assets through long-term capital gains.

If the property is sold after two years, the owner may be exempt* from income tax on long-term capital gains by investing in another property. It is determined by the price of the property.

Here are the sections or categories (Income Tax Act) for tax benefit:

After becoming acquainted with the advantages, you are all fired up to go with property investment. You can keep an eye out for important real estate trends and manage your money wisely as a result.


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Real_estate

The Advantages of Using a Real Estate Trust to Purchase Real Estate

Category : Real Estate Agency

Reduced Tax Burden

A real estate trust, a mechanism used to transfer ownership from the owner to the chosen trustee, can be used to purchase a property. In this case, the property owner will not lose his or her own claim. At the same time, the trustee is assigned the legal claims. Revocable or irrevocable land trusts are available. When it is irrevocable, the beneficiary is required to make modifications, such as gifts, inheritance, or charitable contributions.

When the real estate trust is revoked, the grantor regains possession of the asset, and any transaction involving the property can be amended or annulled. As a result, as stated by State Management, while purchasing real estate, one may choose to use a real estate trust due to its numerous advantages. As a result, the following article discusses some of the advantages that a real estate investor or property owner would experience when purchasing through a real estate trust. Karaikudi is a beautiful place.

One Can Remain Anonymous

One should not believe that since they have a real estate trust, they will be able to avoid paying taxes. However, if you have a Real Estate trust, you will get some tax breaks. The real estate trust’s beneficiary can be either a company or an individual. Ideally, one should consult with a lawyer or accountant, as some property may be located in an area where personal taxes are greater than those on company revenue. As a result, when the taxation on the individual property is higher, it would be a good idea to name a firm as the beneficiary of the trust. As a result, a real estate trust can assist in determining the most cost-effective way to decrease one’s tax burden.

Unless there was a court order, the designated trustee for the property’s sales would not divulge information about the property’s owners. When all legal claims are on the trustee, unwanted solicitations can be avoided. There are also individuals with bad intentions or opportunists who want to take advantage of the property owner after they discover they have sold the property and have cash in their pocket.

Protection From Liability

In the event that land is sold, public documents show that the trustee was the one who received the indicated amount. One can then be saved from all of these public records that can be used to determine the property owner’s net worth. These documents are always available at the county recorder’s office. People with nefarious intentions can take advantage of this information. As a result, the real estate trust is unable to determine the seller’s net worth. Some cases are still not shielded by the real estate trust; so, one must guarantee that their legal track record is clean. Such legal claims can be a liability to the property owner, thus it is best to avoid such issues as early as possible.

Keeps Sales Price Secret

There is important and sensitive information about a property that should not be made public. When a person becomes anonymous in the house that they are selling, they gain leverage. During discussions, it is possible to have ambiguous information such as net worth or other property prices. For example, a real estate investor may be working on a high-profile commercial real estate transaction in which discussions are reaching their climax. Simultaneously, exposing financial face might be a problem, and the real estate trust will be an ideal solution to keep everything hidden.

The public will have no notion of the seller’s financial worth, preventing opportunistic persons from taking advantage of the circumstance. Other advantages of establishing a real estate trust include reducing the difficulty of probate and making the transfer of property ownership more accessible.