Why To Invest In Land | Investment In Land

Whenever people get a call for buying a Land. There is question marks on their faces.
What to do with the land specially when it is vacant.
People think it is weakest investment because

1.It doesn’t produce income.
2.I don’t know more about the documents & how to  check it.
3. what to do with a Land.

We are giving certain reasons why one should go for a land.

You don’t need to do anything to a property.

Forget about construction/ renovation. You only need to know that whether it is suitable for 1st home in coming years or a weekend home. if you able to conclude of this your half battle is won.

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Real Estate- Union Budget 2017 India.

Finance Minister Mr. Arun Jaitley presented Union Budget on Wednesday,

Key highlights of the Real Estate & Infrastructure Sector.

The key area which got benefit is a affordable housing.

• Under the scheme for profit-linked income tax deduction for promotion of affordable housing, carpet area instead of built up area of 30 and 60 Sq.mtr. will be counted.
• The 30 Sq.mtr. limit will apply only in case of municipal limits of 4 metropolitan cities while for the rest of the country including in the peripheral areas of metros, limit of 60 Sq.mtr. will apply.
• For builders for whom constructed buildings are stock-in-trade, tax on notional rental income will only apply after one year of the end of the year in which completion certificate is received.

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