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Plots in Mumbai meant for affordable housing
Q: What percent of plots in Mumbai meant for affordable housing are being used??

mumbai real estate
affordable housing in mumbai
plots in mumbai
Latest Answer: Open spaces which have been reserved on paper are also not given. One in three plots reserved for recreation grounds in the Malad-Malwani belt have been encroached and now some private clubs or malls are being erected on the same land.
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Hi, I own a plot and want to construct a house.
Q: Hi, I own a plot and want to construct a house. it has been 15 years of me working and I want to withdraw money from my Employees provident fund ( EPF). How can I do this?

mumbai real estate
plots in mumbai
construction of house
Latest Answer: Banks like SBI, Axis Bank, HDFC Ltd, ICICI Bank, etc, can be applied for a construction loan. As a thumb rule, if you are below 40 years, you should be eligible for around four times your net annual income as a loan of 20 years tenure. If the loan amount is below 30 lakh, the rate of interest will be in the range of 10% to 10.25% per annum.
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Plot or residential apartment
Q: Is it better to invest in plot or residential apartment for capital gains in 10 years?

capital gains tax
apartments in mumbai
plots in mumbai
Latest Answer: Plots always bring you more returns than apartments as there is no depreciation. But if you are planning for a home loan, you will get only 50% of the total cost if you are buying a plot. Also you will not get tax benefits for home loans taken against land purchase. But these are just two aspects of it. In terms of investment plots are always the best choice. Also, due to high demands, it is difficult to get an ideal plot if you are planning to but in cities like Delhi and Mumbai. But there is a lucrative option in suburbs of big cities.
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where to buy plot in mumbai?
Q: Hi i m looking to invest in land, kindly suggest me good and economical real estate investment options in Mumbai.

mumbai real estate
plots in mumbai
mumbai plots
plot in mumbai
Latest Answer: Buying plots?? Go for places which are present in the outskirts of the city like Karjat, Kalyan, Neral. Because there are more plots available and demand also increases proportionally leading to more price appreciation.. Hence good returns!
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