Archive for the ‘Housing’ Category.

Lok Sabha Gives in Enemy Property (Amendment and Validation) Bill, 2016

The legal inheritor of those who moved out of India to Pakistan or China will not anymore considerable to own any piece from Indian landscape. Lok Sabha on Tuesday, March 15, finally passed the Enemy Property Bill, 2016, by including the changes made by Rajya Sabha on the previous week.

Historical reference:

The amended bill, which transform a 49-year existing law, was passed by a voice vote happened in the parliament. The earlier Enemy Property Act was acted out in 1968, after the Indo-Pak war of 1965. In a nutshell, The Enemy Property Act1968- An Act of the Parliament of India, that provides for the continuous vesting of enemy property in the Custodian. The Central Government through the Custodian of Enemy Property for India is in possession of enemy properties spread across many states in the country. In addition, there are also movable properties categorized as enemy properties.” In March 2016, Kiren Rijiju, State Home Minister introduced Enemy Property Bill, seeking to be the following:
• The Bill amends the Enemy Property Act, 1968, to empower all rights, titles and interests over enemy property in the Custodian for the Enemy Property for India.
• The Bill spoke up for transfer of enemy property by the enemy, performed under the Act, to be annulled. This applies on second thoughts to transfers that have occurred before or after 1968.
• The Bill forbids civil courts and other authorities from engaging disagreements related to enemy property.

Image and video hosting by TinyPic

Present scenario
The government had established the amendment bill after the successors of Raja Mohammad Amir Mohammad Khan claimed rights on their assets in Uttar Pradesh and Uttarakhand. The subject is presently under the Supreme Court’s control. The Lok Sabha had already passed the Bill, however some of the amendments were suggested by a Select Committee set up by the Upper House. Again, RSP member N K Premachandran moved an amendment, which was said no. Home Minister Rajnath Singh said, “The purpose of the Bill is to clarify the 1968 Act. Inheritance law will not be applicable on Enemy Property. This will put an end to the long pending issue, which should have ideally happened in 2010 when the Bill was introduced.”

The Central Ministry of Home and Affairs had spotted out 263 land properties in Goa that belong to people who are holding Pak citizenship and all these happened much before the Bill was passed. Located in the Bardez, Bicholim, Salcete and Tiswadi areas these plots have been declared as enemy properties are worth above Rs 100 crore. The total valuation of enemy property across the country is above 1 lac crore, confirmed by the sources.

Image and video hosting by TinyPic

Enemy property content first came to pass in the year of 2010. The government has passed a regulation to reinforce the law. Though, Singh left without the disagreement of some MPs that the bill was against “natural justice” and “human rights”, conditioning that Pakistan had detained the properties of Indian citizens and it was only accepted that the property of those who migrated to Pakistan wouldn’t be given back.

-By SD Group Kolkata, Booking going on for premium class luxury lakeside flats near Kolkata airport. Skyscrapers surrounded by natural water-body. On hand residential towers, offering large-scale luxury amenities. Have all requires details on this project on our website.

Do You Know How GST Will Impact The Realty Sector In India?

With the freshness of monsoons in India GST is likely to come into action in Indian economy around end of the April this financial year. Having said that, GST has become one of the longest spoken about tax reforms, that has already been approved by both of the houses of parliament. Now, market is eagerly waiting GST to be finally implemented. Already three states have given stamp of approval and other will go after. Now speaking about its impact on real estate experts have come with some diversified opinions. Here we will try to solve the riddle a bit. But for that we need to have a clear idea about applicable, existing taxes on residential real estate.

Service Tax– If you are a potential buyer and you want to buy flats in Kolkata this year then must be aware of these basic taxing terms. While investing in an under construction property, developer will ask for service tax from you. This tax was out of transactions till 2010. But now government has already defined the importance of service tax. To make it uncomplicated government has given abatement of 3/4th of cost of unit as land and raw materials for construction and only 1/4th of the cost of unit is calculated as service. For this reason at the moment most homebuyers are paying 3.75% of cost of unit as service tax (1/4th of 15%).

Image and video hosting by TinyPic

VAT (Value added tax)-Again for under-construction properties you will have to pay additional VAT in states like – Karnataka, Haryana and Maharashtra. Yet there many states who don’t charge VAT. For calculating exact VAT percentage and not use composition scheme, developers will have to uphold proper accounts of purchased construction materials and VAT paid by them for the same to acquire key in credits which is weighty and makes it tough for buyers to identify with.

Stamp Duty– Stamp duty has been charged by the state governments. Thus, it’s a variable tax amount depending on state that has been charged for registration of sale agreement for realty transactions. While we’re on the subject in case you are purchasing a ready to move-in property directly from developer after he has obtained completion certificate from authority, you don’t need to pay service tax and VAT, and so saving 3.75% to 9% of property cost depending on state where you are purchasing your property.

GST will impact these three taxes and how that’s the subject we are discussing about. Service Tax and Vat will be replace by central GST and stamp duty will unchanged as it falls under state’s financial jurisdiction.
It’s not that easy to predict GST impact on real estate. We are more likely to believe that post GST implementation the price of under- construction residential units will be going to have a hike. It will blow up persistently flat realty sale eminently. People belong to real estate industry need to straight away engage with government to play down this impact by expounding position on works agreement, composition scheme and already paid service tax and VAT by developers on under developed property.

– By SD Group Kolkata

An Eco-Friendly Paradigm- A Coir Wood House

How simple is that to say that coir wood waste now will develop coir wood homes? No, we are neither in a mood to crack any joke nor hyping any gimmick. Coir wood wastes have been successfully used in developing eco-friendly shelters in the higher altitudes. Replacing tents into a beautiful shelter for the defence personnel in the extreme level of climatic condition has been the best usage of coir woods. The Coir Research Centre in Bengaluru has recently developed a coir house model and put it on display at the choir craft fair lately.

Some latest report claimed that as a part of effective marketing Coir board will build six of those coir houses and supply those to some of the union ministry for free. “Security personnel can use these and those visiting the Prime Minister, Defence Minister or the MSME Minister will get to know about the advantages and applications of coir wood looking at the house,” said the Coir Board chairman C.P. Radhakrishnan. “These homes would be much cheaper than a brick and mortar house or even a plywood house, because it costs only around 90 per sqft,” said a board official. Coir is a by-product of coconut husk. Coir is a popular substance to make mats, mattresses, baskets and even as an alternate for soil for terrace gardening.

Image and video hosting by TinyPic

The coconut capital of Tamil Nadu Pollachi will shortly to receive a model house that has been constructed entirely of coir wood. The coir board is now looking forward to popularize the concept of setting up houses with coir, among the construction industry in the area. An interesting part of coir wood is it’s a well-chosen substitute to ply wood and it doesn’t involve tree razing. The coir board, which installed the first model coir house in Alappuzha on Saturday, said it has already programmed to erect alike homes in Pollachi and Kanyakumari in a little while. The four-day long India International Coir Fair, which completed on this Monday, spawned overseas enquiries worth Rs. 200 crore and 1,200 fresh trade enquiries in the home souk.
Initially the houses in Bengaluru sustained natural whims for two-and-a-half-years. According to the sources The Coir Board will focus on mainly three products – furniture, coir geo textiles, and coir pith. Speaking about their housing projects starting from the walls to windows, flooring, pillars and even light-fittings will be made of coir woods. “We have used coir wood sheets for the walls and coir granules for the interiors,” said the official. The coir research campus just started few years back and has shown some incredible future market potential.

Speaking about project development in Kerala the coir official said, “With many eco-friendly and natural resorts coming up in the area, we hope that the house that will be up in three months will appeal to them,” He also added “We also hope to encourage entrepreneurs to get into coir wood production.”

By SD Group Kolkata. Get in touch with us for buying any of our offered property in Kolkata north with fulfilling your budget and residential unit. We have years of expertise in residential construction and currently offering both luxury and budget flats in Kolkata and suburbs.

Home-Buying Dream Can Be Fulfilled With Slashed Interest Rate

Nation has become habituated with spasmodic decision and announcement of PM Modi. This time when addressed the fellow countrymen on New Year’s eve he assured middle income group people of the country with putting out some exiting new year gift for potential home buyers in particular. No one could ever expected that home loan interest rates will be deducted in such great extent that people will actually accumulate some positive home buying sentiment which would also onset market sloth and benefit people from this stratum with unbelievable frills. People in Kolkata who are willing to invest in reasonably price properties; this is the ideal time when you can shape up your dream by purchasing budget flats in Ultadanga.

Here is an immediate guide about what all you need to know about this latest addition in the ‘Pradhan Mantri Awas Yojana’ and how it can do good to from your asset purchase.

The actual plan
Pradhan Mantri Awas Yojna had been declared by Prime Minister Modi on 25th June of the FY 2015. This scheme comprises ‘Housing for all’ within the accounting year 2022. It was being conjectured that the country is going to have 2 crore+ budget flats in the extended parts of metros and other big cities. People from suburb will get chance to satisfy their on-hold home-buying requirements.
As a part of this scheme people from lower income group (LIG) or from the socio economically weaker section would be allotted subsidy of Rs. 1 lakh- 2.30 lakh. People could also have a subsidy on the rate of the interest of up to 6.5% or a loan of Rs. 6 lakhs which Prime Minister’s housing scheme is also for the people belonging to EWS, LIG, females or first time home buyers. This interest discount would subsist for 15 years.

Image and video hosting by TinyPic

Now the new scheme
On this New Year’s Eve Prime Minister declared the subsidy on interest rate would be increased so that mass scale of people can fulfill their asset purchase. The new scheme is much about taking steady and effective steps on providing decided numbers of affordable housing within 2022. As per the new plan, all LIG/ EWS and MIG people would be benefited with a newly deducted interest rate. People looking for loan up to Rs.9 lakhs would obtain a subsidy of 4% while those seeking a loan of up to Rs.12 lakhs can have 3% slashed interest rate. Discounting this fact, people living in countryside would get 3% financial backing on loan amount of Rs.2 lakhs which they can make use of house reconstruction or extension.

People who are eligible to enjoy this rebate
Now under this scheme people who are eligible to apply for the loan are based on this critera-
• Applicant should either be a woman or belong to SC, ST or EWS group for the earlier scheme.
• None of the family members had taken a home loan; members including husband, wife and unmarried children
• Income should be under Rs.3 lakhs per annum and Rs. 6 lakhs per annum for EWS and LIG respectively
• For the new scheme for MIG groups, the income should be under Rs.18 lakhs per annum.
• The age of the applicant should be between 21 years and 55 years.
Effect of this scheme
The Pradhan Mantri Awas Yojana has been influential in running with its affordable housing goal currently. This interest rebate would reduce the EMI by around 40%. Following this scheme, the Equated Monthly Installment would bring in to Rs.7100 which would be not as much of even a month’s rent out. Whereas the previous scheme was only for the people belonging to the LIG and EWS, this new scheme would profit people of suburb with budget limitation to have their owned property in the extended parts of big cities.

– By SD Group Kolkata. For buying luxury flats near Kolkata airport please visit our ongoing project SD Aqua-View. We have a whole lot to offer along with your luxury property purchase. Invest now in this lakeside residential towers of your dream.

Investors Find Other Kingfishes Than Real Estate And Gold Post Demonetization

Research says that the current time holds nothing good for real estate, gold and stock market to be tickled pink. Post demonetization has made the market hold at bay in these following sectors of investments; in lieu of these major sectors some alternative lending startups have taken up as pawnshop and choice of financial investment. Kredex, the Sequoia-backed financial firm has pointed out a 4-5x upsurge in lender registrations on their platform after the money ban declaration which incorporates high net-worth individuals (HNIs) and institutional moneylenders like banks and other non-banking financial companies (NBFCs) in invoice discounting market place. Government’s push for cashless economy somehow is indirectly promoting virtual loan sharks.

Now financial technology is one of the established profitable sectors of Sequoia Capital of India. Asking on the same chief executive of Kredex Manish Kumar said, “Invoice discounting is becoming an alternative to the three asset classes which are real estate, bullion and stock market because it provides higher liquidity and a decent yield on their investment.” Initially in October 2016 Kredex raised 40 crore from Sequoia and existing backers. The Bengaluru based startup is known for its technically operated marketplace, where it links small and medium scale enterprises (SMEs) with prior investors who show interest in purchasing these unpaid collectibles to help them with their dynamic capital loop. Kredex investors receive interest rates ranging from 11-20 per cent. Banks and other financial organizations are looking forward to lend via this alternative lending platforms going next to the government’s digitization transaction declaration.

Image and video hosting by TinyPic

“We are noticing strong interest from banks and NBFCs to partner with us because demonetization is pushing SMEs to go digital, which makes them more lendable by online lenders like us who thrive on data,” said Sashank Rishyasringa, cofounder of online lending platform Capital Float, whose corporate partners have been devoted themselves to increase their lending capacity since the demonetization came in front.
Where the entire nation is having the quiver of cash crunch P2P lending companies such as Faircent, i-lend and (ATL) have witnessed roughly 3x growth in lender registrations where as the major investment sectors are battling to get back into the scene. While there is strong interest from individual lenders, Hyderabad based ATL is also in process of tying up with three NBFCs to turn into a P2P platform lending business. “NBFCs come with bigger ticket – Rs 2-5 crore, which sizes of around will make it easier for us to meet the demand of borrowers,“ said Keerthi Kumar Jain, chief executive of ATL.

“Earlier, a lot of money was parked in real estate,” said Vinay Mathews, founder, Faircent.”Suddenly, our business model makes sense for investors like salaried professionals, small business owners, moneylenders, HNIs and institutional lenders.”
Small business houses are finding this invoice discounting marketplace an attractive platform to park their money in. It has higher interest level and better stability which certainly have been emerging this sector as a secure investment zone for future.

SD Group – Have you been waiting long for your desired property in Kolkata north? Come and explore our current offerings of residential units with loaded ultra-luxury lifestyle amenities which will give you an envious lifestyle.

New Town Development Authority To Take Up Improved Construction Management Process

New Town Kolkata Development Authority (NKDA) organized a meeting at the Rabindra Tirtha auditorium on last Monday Nov, 21st. All the architects and the engineers associated with NKDA were present there. The meeting was about improving awareness on go in for better technologies, craft and construction management process. This particular real estate market of property in kolkata north is already known for advanced housing estate development and world-class infrastructure. New Town area is also illustrious for the perfect association of cement and jungle. This place is directly connected with the city Kolkata and only a few minutes distant from Kolkata airport.

Many competent real estate companies have been coming up with new projects in this area to rule the property market of city Kolkata and suburban Kolkata. In this recent meeting officials said that the participants’ attention was drawn to the recent amendment of NKDA Rules that discourages dumping of construction materials and demolition waste on the roads. At any given time in Rajarhat and other peripheral areas are found log jammed with debris and garbage of construction companies. In the recent scenario it’s seen companies those are storing materials on road are not even showing any concern to remove the stuffs with the help of police. NKDA had also declared earlier that a service would be given for removing of construction waste and excess building materials from at a given cost for removing per tons of ravage.

Image and video hosting by TinyPic

The topic earned much highlight in this meeting was how the drains, roads, culverts and entire sewage system had been getting affected and clogged with this demolition waste of the constructions. NKDA now needs advanced procedure for this waste destruction without spoiling the area infrastructure and corporation water channels and sewage system. Along with the eye-catching skyscrapers this place maximizes the chance for exclusive real estate development. Thus new procedures like -renting of vacant land, construction work in the project sites in phases, use of prefabricated beams, using empty plots with prior permission from the corporation, steady monitoring of trucks while unloading sand bricks, cement and other raw materials, use of polythene sheets on the ground to avoid leakage into drains are planned to be implemented.

After cancellation of 500 and 1000 rupee currency notes this buzzing area has have the minimum effect of demonetarization as Housing Corporation Development Corporation (HIDCO) already consists a number of digital money options available in the township. This is the sign of an advanced business area to stay ahead in order to deliver the cream service to the area home-buyers and corporate onshore and offshore investors. To make all matter convenient NKDA has to come up with some exclusive and quick-efficient development idea which would be framed by core professionals. Rajarhat is the wise selection for home-buyer or startup entrepreneur. Therefore the companies which have bagged several residential and commercial projects in this area should have to be aware as well of the post threats causes by the runoffs.

Coming Days For Mumbai Real Estate Sales And Development

Mumbai is best known for the dynamic and ever growing metropolis. The metro single–handedly serves 5% GDP of India as it’s apparently considered as a prime financial market of the country. The greatest lure of real estate sector in Mumbai is having advanced infrastructure and presence of renowned MNCs and giant real estate development companies. But the property price in Mumbai has been always ahead of the other metro cities of India. Despite Navi Mumbai shows some good rank in terms of real estate development and sale just as the growth of budding property in Kolkata north. During this sluggish real estate market few outskirt sectors of metros have kept the hope alive from the buyer’s perspective. Soon the city will be essentially proactive in order to fulfill the increasing market demand.

According to a report by Knight Frank new projects launch in Mumbai is exactly the double in the first half of 2016 than that of the previous year. This specific zone has been witnessing close to 28% above sale based on the new project inaugurations and market demand. Well, this is the ideal time for the Mumbai property buyers to explore the micro locations of the metro for grabbing their desired residential units. These include the projects near Navi Mumbai airport, CST Panvel, widening of the Sion-Panvel Expressway. These projects will enhance the connectivity in the city as Navi Mumbai has mono rail, metro rail connectivity in addition.

download (1)The second half of 2016 has also brought a wide grin in the realty sector along with the festive season and its lucrative offerings. Now it’s the favorable time to go ahead with the property buying decision for the market speculating home buyers. Adding on passing of the Real Estate bill and the new land acquisition bill have turned practically helpful for the well-acclaimed builders of Mumbai to provide accurate transparency to their forthcoming buyers. . Besides the government has declared a series of positive initiatives that can boost the overall market sentiment which will lead to a major real estate expansion at the end of 2020 as expected by the market experts. Asish Raheja, Managing Director of Raheja Universal Pvt. Ltd says, ‘’ Most of the infrastructure projects in Navi Mumbai are currently under construction. It is best advised that homebuyers invest before these projects are completed. As a general rule, investors must go for micro-locations which don’t have full-proof social infrastructure, but does have upcoming civil infrastructure. Since social infrastructure always follows the civil infra, such areas will yield better returns in the long run.’’

Rs. 500 And Rs 1000 Has Been Pulled Back From Circulation: After-Effects On Gold Price And Real Estate Market

Tuesday night had been the witness of a drastic and bold decision from bringing back the transparency in the money market by copping out Rs 500 and Rs 1000 bank notes from the circulation. Rs 500 and Rs 1000 ban in India may perhaps finally vindicate the corruption of the country. It all came out as an eye-opener when PM of India Shri Narendra Modi had shocked the nation with his November 8 announcement. Nevertheless Indian Government has pulled select denominations of its currency twice before. In the early 70’s and 78 twice Government had come in the rescue of the money market to eradicate counterfeits and black money transaction. Bankers and economists feel that it will create a wave in real estate and gold transaction. These two sectors hold the major stocks where individuals lay up their black money.

An Ambit Capital report says that India’s ‘black economy’ is over Rs 30 lakh crore or about 20 percent of total GDP. However, given the fact that the total currency in circulation amounts to a total of Rs 16.6 lakh crore and a hefty part of would be money that is justified and is in motion, experts declare that it is mostly in the form of gold and real estate investments. In the financial report on black money of 2012 the real estate sector in India contributed 11 percent of the GDP. The ban of 500 and 1000 rupee notes will not only wobble the real estate market but also it will create a ruckus in the recent election process of UP and Punjab as these two states spend a huge cash for political promotion.

Image and video hosting by TinyPic

Asking on the abrupt impact of the step to demonetize the Rs 500 and Rs 1,000 notes, Deepak Parekh, chairman HDFC Ltd said: “I expect price of real estate to come down. One expects the price of real estate should come down in medium term.” Fight against the black-money will continue unless real estate and gold investment industry will come up with fair and white collar transactions. This is the sole motive of this movement. For the real estate resale industry and small scale builders this revelation will likely to bring more clarity. The practice involves stockpile of unaccounted investment. Housing price might take a downturn which could pull more willing buyers into this investment zone.

Being world’s largest consumer of gold India imports a dollop of gold out of which its total annual consumption is around 900-1,000 tons, some industry associates consider that this might reduce the demand for pure gold in the near future. Stating that there could be short-term impact, PC Jewellers managing director Balram Garg said, “This is a very good decision for long term especially for the organized sector.’’
The Ambit report also throw lights on the bulk of this black money is obtained in physical assets such as real estate and gold. It emblems the purchase of physical assets can be financed by black money not the financial assets.

If you are seeking low budget flats in Ultadanga area please visit our registered office at Sd Group , AA Block, Sector 1, Salt Lake City, Kolkata, West Bengal or call us with your property enquiry at 033-23341245 in office hours. You can post your requirement in our official website

Builders’ Too Face Some Issues-Is RERA Listening?

The corporate rating agency ICRA recently disclosed the fact that RERA is not a well-balanced act in order to benefit the builders. ICRA also puts light on the fact that RERA is chiefly focusing on the buyers’ and investors’ takings. Builders too have certain issues like multiplicity of approvals, lack of ample funding opportunities. Leaving out these issues RERA concentrates on timely and orderly delivery of the projects and the truthfulness of the offerings. Developers as well need some assistance from the authority on speeding-up and well-execution of the entire construction process. According to ICRA the project execution cycle lined up between 3-4 years, has expanded to as much as 6-7 years.

The vice president, corporate sector ratings, ICRA Ltd. Mr. Shubham Jain said, “The provisions of Act hold significant importance for buyers and investors, but problems faced by developers, including multiplicity of approvals and lack of adequate funding avenues, continue to remain unaddressed in the Act.’’ Nevertheless ICRA also highlighted the positive profits of RERA regulation which comprises an ultimate exclusion of deceitful developers and brokers, advanced standardization, enhanced liability for well-timed implementation and also proper use of investment coming from the various avenues.


Speaking about the commercial real estate sector some positive growth in this sector is seen during the past one year or so. On the other hand residential real estate sector is still soundless in spite of ever-increasing market demand. Besides there is no commendable price slash in recent times which develops a negation in buyers’ attitude. This is not at all a favorable situation for residential real estate market as well as entire national financial market. Under this circumstances a sluggish attitude has been observed in the supply chain, for builders have been facing challenges like- delays in receipt of approvals, scantiness in manpower and effective capital funds.

“The opaque nature of the industry coupled with the lack of regulatory bodies thus far has resulted in significant asymmetry of information as well as skewed balance of power between the developers and the buyers,” said Mr. Jain. The Real Estate Regulatory Bill, 2016, which intended to standardize the housing sector and look after consumer welfare, was passed by Rajya Sabha on March 10 and by Lok Sabha on March 15. ICRA also feels the recent consumer activism coupled with the aggressive deportment by the judiciary is a constructive step towards keeping up transparency on accountability and timely deliverance and favoring buyers’ investment.

Have a glimpse of SD Aqua-view ongoing sky rising project to purchase flats near Kolkata airport .

Today’s Festive Tomorrow’s Investment

Festive season in India comes with loads of offers and discounts. Property market in India draws major revenue from this festive time, thus festive season brings prosperity in real estate market. Builders offer jumbo concessions and tantalizing schemes to clear on hand and exiting inventory housing properties. Specifically during Diwali Season a profusion of such offers like- gold coins, automobile vehicles, kitchen appliance even holiday trips are prognostic. Real estate investors eagerly wait for the festive season thorough out the year to invest on their chosen properties. Therefore this is the period of boon for the property industry. Usually 20-25 per cent more sale is expected than the rest of the year, during this season. As per the banking sources this year there is an uplift of 50% lead with the beginning of the festive season.

This is the ideal time when property buyers can negotiate even with the offer price of any property. Not just developers many banks and financial organizations draw turnouts from this festivals by providing loans on easy terms. In many cases if the property purchasing task is performed under renowned real estate companies property buyers will have some additional advantages coining the affiliation of the very company with nationalized and private banks and financial organizations. In a recent survey it’s seen HDFC Bank reduced its base rate by 35 basis points (bps) to 9.35 percent and other banks likely to go with. Availing loans will be lighter on the EMI clearances.

Image and video hosting by TinyPic

Since last few years property market has been dormant, even festive offers were not able to fetch any positive wave in the property market. This dull period resulted with overkill supply without proper market assessment, imprecise delays in projects and regulatory snags. Prices too have been unchanged. Property investors went puzzle to point out the favorable time to perform their property investment. But unlike previous couple of years this year has already started witnessing some positive inflow in the entire real estate sales. But when it comes to property investment umbrella guidance is what anyone should come by for instance how much is your actual home loan requirement, how far you could avail from the banks etc. One thing property buyers should always inquire before any property investment whether this discounted price of property is an actual reduced amount not a reduction version of an escalated amount followed by the hidden charges and always look at the credentials of the builder developers and their previous market reputation.

Let’s see what bank has stored as festive offers
• Wherever there is a builder tie-up banks are offering no processing fee on home loans
• For tech-savvy people Banks have launched home loan apps from where also they can get the processing fee off
• For senior citizens there is a loan of less basic points than the regular loans
• Avail lower interest bridge loans for switching over properties

Property insurance is a mandatory thing which everyone should buy from any trusted bankassurance, it will saveguard your property from any unfortunate hazards apart from natural disasters.

This festive season if you are interested in buying properties in Kolkata put your money in 2 BHK flats in VIP road offered by SD Group.