Old Madras Road (OMR) has always been the growth corridor of Bangalore and it is currently on road to appreciation! After all there is a renewed interest by the Karnataka government for the Kolar Gold Fields (KGF). The state government recently announced its ambitious plan to relocate at least 20 lakh of the state capital’s…
Namma Metro, Bengaluru’s much anticipated Metro line project gives hope to residents in KR Puram. The Phase 2A that would connect Silk Board Junction with K R Puram, has been a green signal by the State Government of Karnataka. Residents in east Bangalore can now look forward to a Metro train solution in three years…
The recent Real Estate Regulator Act comes as a boon to both the consumers and the developers. The law gives authority to the regulator to govern all residential and commercial real estate transactions. Fortius Infra has always supported transparency and we are happy to see that the recent Real Estate Act supports and promotes this.…
Decided to buy a home? Great! The next step is to decide whether you want to go with a ready-to-move or an under-construction property/ apartment. If we were to read into the current trend in the Indian real estate market, buying completed apartments would be the smarter option. Here is why. Buying Under-Construction Property Might…
All around, realty projects are being delayed because builders are strapped for money and cannot complete construction. This delay leads to higher pre-EMI costs or existing rental wastage and has a major tax implication on the end-user. Delay in the possession basically means the taxpayer will not be able to benefit from any kind of…
The Income Tax (IT) Act provides for many deductions and concessions to property owners. While many are unaware of the benefits of buying property, there are some who acquire a property with the sole intention of reducing their income tax burden. To avoid pitfalls, one must do due diligence and base their decisions according to…
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