Getting the right property that you can call home is a headache as there are lots of things you have to consider before actually making the transaction. Everybody goes through this situation once in their lifetime. The resolve such problem, Bangalore is the right place to buy a property. Being the Silicon Valley of India, Bangalore is the fastest-growing city in Southern India. It has a population of 9 million people. The city is the fifth-largest city in India and is remains an attraction for the non-locals people who come to Bangalore for work. It is a major IT Hub of India and is experiencing healthy real estate development. The fast development of the city led to the building of educational institutes, IT hubs, hospitals, shopping centres, and other development facilities.
The city currently has an increasing demand for 2BHK and 3BHK apartments in developing areas like Electronic city, Begur Main Road, Whitefield, Bannerghatta Road, Rajajinagar, Koramangala, and Ulsoor. While there are a lot of promising projects in Bangalore, selecting the right one is always going to be challenging. Hence, here are the top 5 builders and their leading projects to help you better understand the property prospect in Bangalore.
Founded in 1986, the Prestige Group achieved Rs 3,518 crore in sales in 2015 and currently has 210 completed projects, 53 ongoing projects and 35 future projects in India. Some notable projects such as Prestige Tranquility, Budigere Cross, Prestige Misty Waters, and Hebbal are under the belt of Prestige Group. In addition to having 205 flagship designs projects in Bangalore, the group has also expanded its business to other cities in southern India such as Chennai, Hyderabad, Mysore, Kochi, Goa and Mangalore. The Prestige Group has helped shape the prospects for the residential, commercial, retail, entertainment and hospitality industries in Chennai. They have received the prestigious FIA BCI award for the software and residential facilities. Prestige also became the only developer to receive a Crisil DA1 Developer Rating for the quality of projects and the ability to deliver projects on time.
Office Address: Prestige Falcon Towers, 19, Brunton Rd, Bengaluru, Karnataka 560025
Contact no: +91 80 2559 1080, 1800 313 0080
Leading Projects
Prestige Waterford, ECC Road Whitefield, Bengaluru
Prestige Waterford is a newly launched project by Prestige Group. The project has wide variety of luxurious cozy apartment that are professionally laid out to accommodate the need of new homeowners. Located on the ECC Road Whitefield, Prestige Waterford enjoys excellent connectivity of IT Parks and bustling neighborhood. The project offer 87% open space for lush greenery and indoor and outdoor amenities. The spaces offered by the Prestige Group are vaastu compliant and professionally designed to emphasize privacy and lavish use of space.
Being on ECC Road Whitefield, Prestige Waterford has great connectivity to nearby hotspots. It is located behind ITPL which is walking distance from the residential complex. It surrounding location has neaby Forum Neighbourhood Mall, Park Square Mall, Forum Shantiniketan, and Inorbit Mall. Schools such as The Bangalore School, The Deens Academy, and Mont Ivy Preschool are just under 1km distance. Major medical facilities like Manipal hospital, Columbia Asia Hospital, and New life Hospital are also near to the project.
Prestige Waterford is a premium project and is specifically designed to give luxurious and comfortable experience. The apartment structure has panoramic terraces on top, step walls, hidden courtyards, and maze garden, and reflective pond that looks aesthetically pleasing and will provide serene experience to the residents.
The Prestige Waterford is spread across 16.6acres of land which has a total of 7 towers each having a structure of 24 floors with a total of 689 apartment units.
| Configurations |
Size |
Price |
| 1BHK |
413-639sqft |
49lac |
| 2BHK |
999-1128sqft |
1.19cr |
| 3BHK |
1197-2077sqft |
1.5cr |
| 4BHK |
1740-2555sqft |
2.06cr |
The apartment complex has tons of leisure amenities where you can spend time. For instance, the clubhouse has a variety of luxury recreational amenities like a swimming pool, gym, health club, badminton court, mini theatre, etc. The outdoor amenities include a multipurpose court, cricket practice pitch, child play area, bicycle and jogging track, and even lawns. All these activities are perfectly aligned with the residential spaces to better accommodate residents’ needs.
Prestige Jindal City, Tumkur Road, Bengaluru
Prestige Jindal City is a newly launched residential apartment project on Tumkur Road in Bangalore. Prestige Jindal City is ideal for premium living, and this project is considered one of the best projects of Prestige Group. It provides extensive apartments with luxurious features. The perfect landscape of the Jindal Prestige makes living here more special and tranquil. The group guarantees a high-quality lifestyle to the residential community with distinct architecture. The Prestige Jindal City has excellent connectivity and is located in the centre of Tumkur road providing the best neighbourhood experience better than anywhere in Bangalore.
The location of Jindal City defines the perfect planning of the project as it Is one main Tumkur Road. The project is adjacent metro station and has express connectivity with NICE road. Schools such as Vijayshri Public School, Jindal Educational Society, etc are within the proximity of Jindal City. Besides, it Close to major arterial roads makes reaching business hubs like Central Business District, Peenya Industrial Zone, Manyata Tech Park, BEL, HMT & Electronic City, entertainment & shopping centres, etc. Jindal City is a perfect residential place for those who work in these IT Hubs as it can be much convenient for them to visit their office.
The Jindal City is not an ordinary residential project; it has its own major perks that increasingly make your life much better. It has 4.5 acres of central landscape, 2 mini theatres with luxury seating of 21 persons. The home is well-designed and has smart home automation attributes to improve your lifestyle and comfort.
Jindal City is 32 acres of township which has a total of 15 towers each having 30 floors structure with a total of 3571 apartment units.
| Configuration |
Size |
Price |
| 1BHK |
422-625sqft |
45lac |
| 2BHK |
635-776sqft |
72lac |
| 3BHK |
985-1187sqft |
94lac |
| 4BHK |
2020-2171sqft |
1.37cr |
Amenities at Prestige Jindal City include a fully equipped clubhouse, landscaped gardens, fish pond, skating rink, beach volleyball, large convenience store, gymnasium, swimming pool, recreation rooms, outdoor sports courts, children’s play area, party hall, and meticulously planned with utmost importance to state-of-the-art 24/7 securities.
Sobha Limited is one of the largest developer groups in India and the largest in Bangalore. The group has numerous developments across the major cities of India. Establish in 1995 by PNC Menon, Sobha Limited is headquartered in Bangalore. At the forefront of the group, it focuses on providing quality infrastructure and real estate projects. The group has also several partnerships in the International Market. The developer group caters to a wide range of business verticals which includes Commercial and Residential properties development. They leverage contractual business services in IT park development, construction of Multiplexes, Convention Centres, and so on. Sobha Limited Bangalore is also the first company with ISO 9001 certification (series 1994). It has a total of 141 projects in its development portfolio.
Office Address: Sarjapur – Marthahalli Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bangalore – 560103
Contact no: 080 46464500
Leading Projects
Sobha Dream Gardens, Off Thanisandra Main Road, Bangalore
Sobha Dream Gardens is a Zen themed apartment project that allows homes owners to lead to a balance life. Designed on the principal of ZEN which means the “Denial of Ego” focuses on interconnectedness of universe. Located on Off Thanisandra Main Road in Bangalore, Sobha Dream Gardens is project that lets you spend time in nature with your loved ones. It offers clutter-free and fluid architectural design that inspires you to live peacefully. Launched by Sobha limited the most trusted builder in Bangalore, Dream Gardens guarantees high quality living with calming experience in Thanisandra. It offers excellent architecture with equivalent lifestyle that suits the living needs of home seekers with compromising their comfort and convenience.
Sobha Dream Gardens is located in the heart of North Bangalore on Kogilu-Thanisandra Road. The residents have access to Outer Ring Road that connects with HBR Layout, Hebbal, Hennur, and Sanjay Nagar. The location nearby presence of companies like IBM, Seimens, Philips and Kirloskar that helps economy of the locality, and provides the best opportunity of employees who are looking for residences close to their offices.
The Sobha Dream Gardens is a place where serenity resides being designed with Japanese-Buddhist architectural style making it look more appealing and aesthetically pleasing. It has an amphitheatre surrounded by greenery, elevation promenade, dedicated marketing office, leisure pool, project surrounded by green belt, Japanese style Torii gate, and much more.
The project is scattered across 17.5 acres which includes 10 towers each having 23 floors structure. A total of 1780 units are offered for accommodation. The towers contains two parking basement for wing 10 and one parking basement for wing 1-9 wing.
| Configuration |
Size |
Price |
| 1BHK |
412-461sqft |
44.68lac |
| 2BHK |
627sqft |
68.82lac |
Amenities at Sobha Dream Gardens include a fully equipped clubhouse, landscaped gardens, gymnasium, swimming pool, recreation rooms, outdoor sports courts, children’s play area, party hall, and meticulously planned with utmost importance to state-of-the-art 24/7 securities.
Sobha Royal Pavillion, Sarjapur Road, Bangalore
Sobha Royal Pavilion perfectly represents our architectural heritage; the project is a tribute to our royal Rajasthani architecture with detailed carvings, large arches, decorative Jharokha and jaalis, stately galleries, lush courtyards and ritzy pavilions. The project is established by a leading real-estate developer of Sobha Developers located just off Sarjapur – Marathalli Outer Ring Road – Bangalore East. The apartments here are well-ventilated, with ample sunlight, and have imperial designs giving it an eminent and sovereign demeanour expected out of an urban home. The project is launched in two phases, and the first phase is expected to be ready by September 2023, and Phase II will be ready by September 2025.
Sobha Royal Pavilion is located in Sarjapur Main Road, Bangalore-East. The project is surrounded by a systematized neighbourhood that houses all required social and civic amenities like esteemed schools, colleges, pharmacies, hospitals, banks, ATMs, fuel stations, grocery marts, restaurants, shopping malls and entertainment forums to name a few. Sarjapur Road is an emerging neighbourhood of the city, and it is quite popular among IT professionals because of its easy connectivity to IT hubs of Whitefield, Marathalli, Koramangala and Electronic City. The region is also well connected to Kempegowda International Airport via Outer Ring Road.
Spread over 23acres of huge land, it has 16 towers each having 18 floors structure. There are 1284 units available for accommodations. It offers 3 lifts in each wing with covered parking on the basement level. It has its own co-working space, 40,00-sqft clubhouse, designer landscaping, and 24hours power backup.
| Configurations |
Size |
Price |
| 2BHK |
1300-1506sqft |
1.18cr |
| 3BHK |
1400-2300sqft |
1.59cr |
| 4BHK |
2182-2300sqft |
2.33cr |
Sobha Royal Pavilion amenities are available for all categories be it community, sports, leisure or recreational platform. The clubhouse includes a fully bedecked gym with modern apparatus, infinite swimming pool for adults & kids, a multipurpose hall, cards room, reading room, billiards room, board-games deck, squash court, health club, badminton court, and more. The outdoor amenities include children’s play lounge, toddler’s play zone, Fountain plaza, royal atrium, party lawn, playground, Fort-play park, senior citizen decks, vast green courtyards with water fountains, reflexology zones, gardens, tree-lined pathways, seating courts, barbeque zones, pet parks, volleyball court, steam & Sauna, Basketball court, cricket pitch, etc. The community is under 24/7 using hi-tech security surveillance with intercom facilities.
Embassy Group, a leading development firm in real estate commenced its operations in 1993 led by Jitu Virwani, Chairman and Managing Director of the group. The establishment has developed numerous spaces in the Commercial, Residential, Retail, Hospitality and Industrial Warehouse sectors. The operation spans across Indian and international markets that include Bangalore, Chennai, Pune, Coimbatore, Serbia and Malaysia. Embassy group is popular for its modern innovation in its project and is a pioneer firm that works to bring REIT (Real Estate Investment Trust) to the nation. The group has completed a total of 29 projects, and currently working on 9 ongoings in different regions. Embassy Group wants to bring leverage in tenant relationships and expanding its portfolio of IT space in future through the Indian subcontinent.
Office address: Embassy Point, 1st Floor, 150 Infantry Road, Bangalore – 560 001.
Contact no: +91-80-4179 9999
Leading Projects
Embassy Springs, Devanahalli, Bangalore North
Embassy Springs is a newly launched mix development project by Embassy Group. Located at Devanahalli in Bangalore North, this community provides the best living condition to new home seekers. It offers the epitome of an urban living community that is designed to cope with everyday challenges. It is a self-sustainable township surrounded by lush greenery that offers spacious plots with leisure features. Embassy Springs project combines the best of architecture and green landscape that give a soothing and appealing experience. Designed by Andy Fisher workshop, the township is equipped with row-house, twin-houses, and independent villa to suit every buyer need.
Located in Devenahalli, Airport Road, Bangalore, the project is just 9km away from Bangalore Airport. The location is perfectly located and is in proximity to world-class schools, hospitals, retail and commercial spaces, recreational grounds, and clubs. Recently, the location is going through a massive boom and this project is great for future investment potential.
One of the major features of Embassy Springs is the greenery it offers to the surrounding. It has 100 types of trees/shrubs and plants in the whole area. It offers other luxurious features such as Restaurant & Bar near the Poolside, a conference room, a magnificent 5.5 acres manmade lake, cherry green in surroundings, and much more for luxury.
Embassy Springs Township is scattered of 288 acres of land. It is a self-sustained development city. It is the largest planned city in Bangalore. It has a total of 4560 units that include residential plots, villas, row houses, and twin houses.
| Configurations |
Size |
Prices |
| 1BHK Apartment |
452sqft |
– |
| 2BHK Apartment |
698sqft |
– |
| 3BHK Apartment |
811sqft |
– |
| Plots |
2130-4980sqft |
1.11cr-2.82cr |
Amenities at Embassy Springs include a fully equipped clubhouse, mini-theatres, gymnasium, swimming pool, guest suits, outdoor sports court, children’s play area, music & dance studio, project maintenance office, and sport’s park.
Embassy Pristine, Iblur Village, Bangalore South
Embassy Pristine is located 800 meters from the outer ring road near Koramangala and covers 14.5 acres surrounded by 1000 hectares of heritage lakes and wooded defensive sites on both sides. The views look so magnificent that it is virtually impossible to find anywhere in Bangalore. Embassy Pristine Apartments have a deep environmental interest and are IGBC Platinum certified, setting new standards for modern life and sustainability. Green initiatives such as rainwater harvesting, solar water heaters and energy-efficient technologies are helping to conserve resources and improve the quality of life for residents. It’s also located in the heart of Bangalore’s IT corridor, where green space blends with the latest technology. Embassy Pristine is easily accessible via the outer ring road to Whitefield, Electronic City and Bangalore International Airport.
Being located in a convenient neighbourhood, the Embassy Pristine is in close distance to parks, petrol pumps, restaurants, schools, hospitals, shopping malls, hotels, office complexes, grocery shops, banks, ATMs, train stations and bus stations. The outer ring road near the project location provides the best access to nearby IT hubs and cities.
Spread across 14.5 acres, the project contains 9 towers with each having 14 floors structures. There are a total of 425 apartments in which most of them are sold out. Being available with ready-to-move tactility, the project can be ideal for a buyer who wants a new home as soon as possible. , the project can be ideal for a buyer who wants a new home as soon as possible.
| Configurations |
Size |
Price |
| 3BHK |
2666-3235sqft |
2.19cr-2.66cr |
| 4BHK |
3596sqft |
2.96cr |
| 5BHK |
4239-5384sqft |
3.49cr-4.44cr |
Embassy Pristine has an expansive clubhouse, sports centre and an external sports area spread over 72,000 Sq. Ft – One of the biggest in Bangalore. A massive recreation and sports complex which best to play different sport and engage in fitness activities.
The Salarpuria Sattva Group is based on trust, innovation and knowledge leadership and is one of India’s leading real estate development, management and advisory bodies. Founded in 1986, the group established its position in India and is today one of the most popular brands in India. After 30 years of unwavering commitment to quality construction in seven cities in India, the group has completed 48 million square meters of construction work, 36 million square feet in progress and 24 projects underway. The group offers the highest international quality standards in both commercial and residential spaces. From the construction of elegant homes to commercial spaces, computer parks, skyscrapers, shopping malls and the best schools, the Salarpuria Sattva brand has become a well-known brand in the big cities of India.
Office Address: Salarpuria Sattva Group, 4th Floor, Salarpuria Windsor, #3 Ulsoor Road, Bengaluru 560 042, Karnataka, India.
Contact no: 1800 121 3344, +91 80 42699000
Leading Projects
Salarpuria Sattva Signet, Sarjapur Road, East Bangalore
Sattva Signet brings you a boutique lifestyle community in Sarjapur Road. The project offers exclusive apartment units that stand apart in style, design, and features. The project is designed by the renowned architect Sudhakar Pai Associates which promises the quality of international standards. Designed with modern architecture for the urban landscape and build on the company’s trust and values, these homes are built to last long. The apartment provides ample sunlight and excellent ventilation to deliver the best living experience. A unique feature of the project is that the second-floor apartments of both towers have exclusive terraces of their own. The project offers elegant and sophisticated abodes set in aesthetic and tranquil surroundings with a whole host of world-class amenities with the benefit of being within close proximity to spaces both for work and play.
The development is located just 300 meters from the rapidly developing Sarjapura Highway in the East Bangalore region. Wipro’s headquarter is just 500 meters from the excursion, and other large work centres are easily accessible. The area is home to many well-known educational institutions such as AIMS Preschool (1.4 km), India International School (4.8 km) and New Horizon Gurukul (5.7 km). In terms of medical facilities available, the project is 950 meters from BN Specialty Hospital and 3 km from Columbia Asia Hospital. The area is also full of entertainment venues, with Decathlon 4.1 km and Market Square Mall 1.5 km away.
Salarpuria Sattva Signet is spread over 2.4 acres which includes 2 towers each having 17 floors building layout. It has a total of 208 units available for accommodation. The project is government approved and currently under construction.
| Configurations |
Size |
Price |
| 1BHK |
513sqft |
51.01lac |
| 2BHK |
748-755sqft |
91.95lac |
| 3BHK |
972-1153sqft |
1.15cr |
The project offers a well-equipped gymnasium with indoor and outdoor equipment, a swimming pool, and even an indoor golf simulator, which again is a unique feature of this residential development. There are multiple indoor amenities available such as rooms for indoor and board games, table tennis and snooker, foosball, and also other indoor games such as chess. The enclave also has a yoga/dance studio for those inclined towards those two pursuits. For the use of those residents who prefer activities and sports of an outdoor sort is a jogging track, a half basketball court, a skating rink, a tennis court, and a cricket practice net.
Salarpuria Sattva Misty Charm, Kanakapura Road, Bengaluru
Salapuria Sattba presents Misty Charm a premium apartment project in Kanapura Road Bengaluru. It is presented at a location that naturally creates an unwavering green landscape for residents. The project offers luxury segment apartments that provide a spacious and comfortable living experience. The most fascinating thing about these apartments is that they offer refreshing valley views and untouched greenery surrounding the community. The apartments are designed in clusters with open courtyard-like spaces in the middle of each block. The green section gives people reason to chat and get to know their neighbours. Launched by Salarpuria Sattva Group, the project is made with trust and values that add benefit to both the residents and the developer. It is a government-approved project and is currently under construction.
Misty Charm is strategically located on Holiday Village Road near Kanakapura Road Bangalore. It is well connected to major roads like NICE Peripheral Ring Road and Kanakapura Road. This Project is surrounded by undulating nature. Salarpuria Sattva Kanakapura Road has great connectivity to all main services. The community is close to Vajarahalli Metro Station, Forum Mall 4KM, NICE Road (2km), City Railway Station (15km), Fortis Hospital (9km), Apollo Hospital (7km). There are some good educational institutions nearby such as Kumaran International School (2km) and Delhi Public School (3km).
Misty Charm has a total area of 12 acres which include 11 towers with 13 floors each. There are a total of 797 flats for accommodation. The project also offers an 8.36k Sqm open landscaped area for greenery and other community activities.
| Configurations |
Size |
Price |
| 1BHK |
374.48-389sqft |
36lac |
| 2BHK |
650 – 726sq.ft. |
63lac |
| 3BHK |
883 – 1,031.08sq.ft |
83lac |
Sattva Misty Charm offers a lot of amenities like clubhouse, Multipurpose hall, library, pool table, department store, seating courtyard, tot lot area, amphitheatre, gymnasium, swimming pool, recreation rooms, outdoor sports courts, kid’s play area, party hall, and carefully planned with most importance to state-of-the-art 24/7 securities.
Puravankara Limited is one of India’s leading publicly traded real estate companies in Bangalore. The company embarked on an extraordinary journey of 46 years in 1975 with a clear vision and mission to fulfil the aspirations of millions of people by providing quality homes. Currently, Prabankara is based in India. They currently operate in Bangalore, Hyderabad, Chennai, Kochi, Coimbatore, Mangalore, Kolkata, Mumbai, Pune, and Goa, and have overseas offices in GCC and Sri Lanka. The company is also one of the first real estate FDI-acquired (promoter) companies in India. As a result, a joint venture with Singapore’s development company Keppel Land began in 2005. Puravankara excels in luxury and theme-based projects, inspired by the best projects in the world. Over the years, Puravankara has grown bigger and bigger, completing nearly 43 million square feet and 74 projects.
Leading Projects
Purva Palm Beach, Off Hennur Road, Bengaluru
Purva Palm Beach is a magnificent luxury residential project on Hennur Road Bengaluru. Introduced by Purvankara Limited, the project is the epitome of luxury and comfort. Inspired by the finest tropical beaches, the Purva Palm Beach gives you the feel of the ocean and helps you embrace the coastal style of living. Every living apartment space is curated to provide optimal satisfaction and offers a magnificent view. It has a dedicated wave pool, sunken bar, koi pond, and snorkelling zone.
Purva Palm Beach is placed in a perfect location due to its proximity to top-ranking schools, Manyata Tech Park, KIADB park, IT investment region, and Devanahalli business park. It is on Hennur Road making it easily accessible through the outer ring road. One can enjoy close proximity to Kempegowda International Airport adding convenience to your apartment in Hennur. Located along the New Airport Road, the location supports great living through fast-growing infrastructure. Hennur has seen a huge rise in demand due to the fast-growing infrastructure and would be an ideal destination for future investment.
Purva Palm Beach is an ambitious project that spread across 19.48 acres that includes 19 tower complexes with having 19 floors each. There are a total of 1323 units for accommodation. Purva Palm Beach is in demand project due to its location and ready-to-move facility.
| Configurations |
SIze |
Prices |
| 2BHK |
1232-1348sqft |
85lac-1.15cr |
| 3BHK |
1482-1962sqft |
1.2cr |
Various other indoor and outdoor amenities like jacuzzi, billiards, creche, gym, science club, swimming pool, golf putting range, clubhouse, landscaped gardens, children’s play area, party hall, state-of-the-art 24/7 surveillance, and yoga and meditation lawn help you to lead a healthy and active lifestyle.
Purva Atmosphere, Thanisandra Main Road, Bengaluru
Purva Atmosphere is a stylish yet luxurious apartment for leading real estate developer Purvankara in Thanisandra, Bangalore. Puravankara is a versatile real estate development that ensures that you and your loved ones enjoy the most beautiful and precious moments of your life without leaving Purva Atmosphere. Purva Atmosphere believes in providing a joyful home, a habitat that marks the beginning of the precious lives of your loved ones. The tower is deep on the premises, away from the main road, and has a green layout that acts as a cushioning material for sound and pollution. The modern layout created by the architect provides abundant open space around, with views, an outdoor playground, and other numerous facilities.
Located in Thanisandra, North Bangalore, Purva Atmosphere has occupied the best location in the city. With the arrival of several IT companies and MNC’s North Bangalore has seen a drastic change. With several reputed schools, colleges, hospitals, and shopping malls, North Bangalore is popular for its commercial real estate segment in Hebbal-ORR junction namely, SEZ, and a corporate campus consisting of mix-use development. Thanisandra is situated 30 km away from the KIA and has accessibility to all the major hotspots in Bangalore.
Purva Atmosphere is an ultra-modern project that is scattered across 12 acres of land that consists of three tower blocks of 33 residential floors. Two towers are comprised of 2 & 3-bed units while the central tower has larger 3 and 4-bed units. Terraces on these towers are designed to create a unique sky garden with Decks, Play Areas, Activity Zones and Landscaped Zones. It is an under-construction project which has total availability of 1042 units.
| Configurations |
Size |
Price |
| 2BHK |
1299-1443sqft |
1.15cr |
| 3BHK |
1674-2241sqft |
1.44cr |
| 4BHK |
1707sqft |
2.15cr |
Purva Atmosphere has abundant amenities for its residents such as a large playground, Futsal, pet park, open-air gym, community gardening area, kids play area, jogging tracks, tennis courts, basketball courts, cricket pitch, and landscaped areas with meditation space. It has a grand central landscaped pedestrian walk, flanked by the three towers, pool, and other amenities.
These top 5 builders are some of the leading companies in Bangalore that rule real estate space in Bangalore. These companies strive for quality, innovation, and creativity, making them a favourite among people.
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When you are buying a home, lots of financial and legal responsibilities have to be taken care of in the process. To share these responsibilities, people generally go for the option of joint ownership, more often with their spouse. Overall, the idea of buying a home in a co-ownership is beneficial. But, each person will be able to avail the tax benefits only if the sources of income are distinct and authentic.
EPF was started for the only purpose of pushing workers to set aside a certain portion of their income for their pension. It was generally recognized that if the efforts were to be used for other reasons, this would have a damaging effect on the size of the retirement nest egg. Employee Provident Fund is that saving that we don’t feel coming as we never get it in hand but it definitely helps in the long run. It is the money that comes as a surprise in times of emergency and therefore it can be utilized for buying a home too. Just know the proven tips that can be beneficial in buying a home. People generally opt for home loans in buying a home but this EPF can be great help in paying the easy monthly instalment or the down-payment that can be hefty.
A property is always a disputable subject, especially if it’s worth a huge deal. The original owner needs to ensure that he/she has lawfully and categorically distributed the property among their legal heirs or has designated a nominee who can do so after their death with complete responsibility. This makes the work of the legal heirs easier and also shows the pain taken by the deceased when they were alive. But what if there is a claim on the share in the property after the death? How would you deal with such a situation? What if you are the claimant and wish to get the share in the property which as per is your birth-right? Let us look at who can claim a share in the property and how can they go about it?
Realty Sector is the talk of town after Union Budget 2017 where Honourable Finance Minister Arun Jaitely has given affordable housing in India a boost by attaching various benefits to the sector. But, as a homebuyer, the process of purchasing a house is not easy. You need to have all documents in place in order to avoid any hassles regarding property transactions later on. Encumbrance Certificate (EC) is one such document that needs to be checked in order to execute your property deal legal and clean.
