Pre Covid and post Covid situation has changed the scenario of real estate business. While real estate has been a roller coaster ride recently, we mustn’t fail to understand that a home is an essential need and people will always require space to live in, so facing all the odds and dips the business is again up and scaling. Covid situation and lockdowns made people aware about the importance of a home and why its important to have one
Investment
Financing of real estate projects has been a real problem in India, because of trust and compatibility and vast nature of transactions issue. Consumers don’t get access to affordable and better term loans and end up borrowing at high borrowing costs. These factors have scared mid segment and low income group investors for whom owning a home has always remained a dream
Affordable Housing:
Since the idea is to cater to all income groups and encourage them to have their own homes the concept of affordable housing came into play. These affordable housing projects are a boon as they are in a range which a normal working class can afford even getting finance becomes easier and realising the dream of one’s own home gets realised
Taxation:
Though few changes have been uplifting few issues are still faced by the real estate sector especially in taxation. With the introduction of goods and services tax by government of India, a lot of services deployed by real estate developers were under GST regime,one drawback of the taxation structure is that input tax credit is not available for a)Premium charges b)Land related arrangements and c)Construction cost.
Suggestions for Mitigation of Problems
- Genuine real estate developers can be given special window loans to finish and complete existing and work out a future draft.
Coming to our project, Aaryan Heights and why it’s advisable to invest in it?
- Aaryan Heights: Aaryan Heights offers exclusive 3 BHK flats for sale in Ahmedabad. This area is the most preferred developing area of Ahmedabad because of its close proximity to all the important essential amenities like schools, malls, restaurants, markets, banks, police station, fire station, public transport system and much more. Apart from the transport and other economic advantages Aaryan Heights also offers state of the art facilities like yoga center, jogging track, designer wall, club house, gazebo, kids play area, party lawn and many more facilities, so its an all package deal which one must think as an investment because a property bought strategically only appreciates in value
- Aaryan Heights strikes the right balance between value for money and quality of apartments.
- Aaryan Heights has been built keeping in mind the comfort and ease of accessibility of the residents thereby offering a complete peace of mind.