April 2019 – Property PFA

Tips On How To Buy Property In Noida

Posted on April 30, 2019 by blogger

Being the part of the NCR and a major industrial hub, Noida witnesses a thriving real estate market. Along with industries, Noida is also the major target of world renowned corporate sector. The emerging BPO and the software sector find the place to be apt for spreading their business. This has resulted not only the growth of the commercial realty sector but also the residential realty developments to provide homes for the growing number of urban professionals and business executives.

Whether to get your own home or simply to receive bulk investment returns, to buy property in Noida is indeed a good idea. As an investor, if you are waiting for the right time to buy property in Noida, this is perhaps the right time. The Noida property prices are appreciating, you are sure to get high returns in future.

To buy property in Noida, you would get wide choices. This can ultimately confuse you. The following tips to buy property in Noida, can help you to great extent.

Tips to Buy Property in Noida

Check the legal feasibility and due diligence in the property. If you don’t and if the property happens to have legal issues, this can put you into trouble in future. To avoid such consequences, you are advised to under go a thorough property check with respect to legal terms and conditions.

Visit the site. This would help you to get the idea of the locality where you are going to stay in future. Make sure the place is safe for you to reside peacefully. Check out how long it exactly takes to reach the nearby markets, malls, bus stops, educational institutes, hospitals and such. Take a test drive from your new home to your office and gauge the traffic you would face.

Note down the track record of the developers. This is very important. Often many investors have to wait for long to get the property possession even after payment. Make sure you do not fall in such traps. Go for a renowned builder if you are looking out for a hassle free property transaction process.

Check the correct value for money pricing of the project. Research on the prevalent Noida property prices before you buy. Either you can take help from your friends and associates or simply browse the internet to get the idea.

The Noida property dealers are quite useful. But before hiring make sure you are not a target of any fraud.

Buying A Property In Ghaziabad Why And Why Not

Posted on April 25, 2019 by blogger

Aptly called ‘Gateway of Uttar Pradesh’, Ghaziabad is one of the well-planned cities of Delhi NCR. Rapid pace development has awarded it with the distinction of world’s second fastest growing city in the world. Situated strategically over National Highway-24, the the city has clearly got the location avenged. At present, a large number of realty projects are under-construction in the stretch connecting Delhi border and Dasna; it has kept Ghaziabad in radar of real estate buyers and sellers. With the proposed widening of NH-24 from 6 to 8 lanes, the traffic-flow would become smoother and hassle-free in the time to come.

Seekers of property in Ghaziabad are gong to get benefited by expansion of Delhi Metro. Currently, it is served by Vaishali and Kaushabi metro stains. With the expansion, the commutation time to and from Delhi will be further reduced. By 2017, the rail line is expected to reach up to one of its prime colonies, Indirapuram.

The 21-km Noida Ghaziabad link road is under-construction. Developed as part of Noida Master Plan 2021, this stretch shall reduce the commutation time from Delhi to just half an hour. This 75-m wide link road has garnered the interest of prospective buyers of Ghaziabad property. A series of constructions are on their way, and it is expected to become one of the high-growth areas of the city. With big metros of Delhi NCR fastly reaching their saturation level, in terms of future constructions, Ghaziabad comes as a fine alternative options. The rates are still reasonable if compared to Delhi and Gurgaon.

But on the downside, there are a number of factors that have balked its full-fledged growth. Poor infrastructure, high rate of lawlessness, and poor amenities are some of the adversaries that need immediate attention. There have been reposts of framers’ agitations against authorities: they are up in arms against the private planned townships that are to built over the land owned by them.

The current residents of Ghaziabad are facing a number of civic amenities problems. Some of the residents living in high-rise buildings have been slapped with abnormally high water bills. In spite of the fact that theses colonies have no supply of Ganga Water, they have been issued lofty bills. Then, there are other problems like sewage blockage and overflow.

A lot needs to be done on pay of government authorities. Till then, the prospective buyers will have to harp only on improving connectivity and afford ability factors.

Offset Rising Cost of Interest Rates by Claiming Property Depreciations

Posted on April 21, 2019 by blogger

Property depreciation is defined as the decline in value of a building and its assets over the time due to wear and tear as well as physical deterioration. Depreciation on rental property or investment property is treated as an expense and is a part of the income statement. Actually property depreciation can be applied only to the building and not the land, since land is not considered to wear out over time.

Generally there are two types of costs that can depreciate for an investment property;

1. Wear and tear of the fixtures and fittings of a property. 2. Capital works deductions, which are applicable to the cost of the construction and are spread over the lifetime of the property.

One of the biggest advantages of property depreciation is that they are non-cash deductions. It means that you do not need to outlay funds for claiming the deductions. The Australian Taxation Office (ATO) allows you to claim the depreciation on rental property because they realize that the value of fixtures, fittings and other assets of a building reduce over time and will require replacement.

Claiming depreciation on rental property, will help you to offset the rising cost of interest rates. Just like you can claim wear and tear on the car you purchased, you can also claim property depreciation on your investment property.

Calculating property tax depreciation schedule is a complex task, which requires skill and experience in both construction costs and tax laws to generate an accurate report.

It’s important for property investors to at least investigate whether or not they are eligible to any tax deductions on their investment property. The easiest way to find out is to contact a reputable quantity surveying firm such as Property Returns, which specialises in preparing property tax depreciation report for residential as well as commercial properties. We will just ask you a few standard questions to ascertain whether it is worthwhile, and how much deductions you can claim. The fee to prepare a tax depreciation schedule is 100% tax deductible.

How much property depreciation you can claim?

The amount of property depreciation deductions you can claim depends on the four factors, mentioned below:

1. Plant Assets: The value of plant asset items bought with the property at settlement. 2. Building Allowance: The historical cost to build the original structural element of the property, note that this allowance is only applies to properties built after 1988. 3. The cost of any improvements like renovations or extensions on pre-purchase property to change the original structure by the previous owner. 4. The cost of any expenditure by the owner after settlement is considered as post purchase expenditure.

Crabtree Property Management 10 6 Seddons Solicitors

Posted on April 17, 2019 by blogger

On a cold Monday night in January Crabtree Property and Seddons kicked off a charity encounter that marked an end to over two years of non-competitive football for the Finchley based firm. The proceeds of sponsorship for the match would go towards victims of Hiati earthquake appeal with players from both sides also making donations.

After a late kick off it was Seddons who came out guns blazing. A couple of stray passes from the home side allowed the Seddons to penetrate the backline, with Mark Standing hammering home the second of two early goals for the visitors. Crabtree stuck at it however and began to step up their game accordingly.

In the period that followed Joe Mallon pulled back a goal for Crabtree after some good interplay from John Osborn and George Georgiou led to a scrappy goal-mouth scramble with Mallon nutmegging the oncoming keeper. Substitute Bobby Shah levelled for the home side soon afterwards with an audacious lunge in the penalty area. More goals from Nadeem Ghous-Chaudary and Joe Mallon followed before Seddons pulled it back to 4-3.

The game was won at this stage with Luke Cunningham and Andy Soteriou suring up the Crabtree defence and picking out passes for playmaker George Georgiou and warrior John Osborn to feed attack after attack. Cunningham continued to organise the defensive ranks throughout the tie with iron grit. Throughout the game Goalkeeper Rob Robertson had complete command of his penalty area, bravely going to ground on a number of occasions and pulling off a string of impressive saves.

Mike Babb was on form for Crabtree, scoring a hat-trick overall, the pick of the bunch coming in the latter stages of the first half. More excellent interplay from Cunningham and Georgiou allowed Babb to finish with a trademark top corner emphatic finish from just outside the box. Crabtree finished the first half in form and in control of the game, leading by seven goals to three.

In the second half Seddons tightened up their defences and made things more difficult for the home side. Mark Standing was a handful and broke the backline to score twice more while Daniel Robins worked tirelessly for the visitors.

It was to be Crabtrees night however with Nadeem (The Flaming Goose) Ghous-Chaudary completing his hat-trick and Bobby Shah finding the net again for a double. A late consolation for the visitors was testament to their fighting spirit and all ended on positive note with good sportsmanship all round.

Crabtree Team: Rob Robertson, Andy Soteriou, George Georgiou, Luke Cunningham, Bobby Shah, Mike Babb, Nadeem Ghous-Chaudary, Joe Mallon, John Osborn

Man of The Match: Luke Cunningham

Now Is The Time To Snap Up Property In Bulgarias Ski Resorts

Posted on April 14, 2019 by blogger

Leading experts in property in Bulgaria House Sales Bulgaria confirms that property prices in many of the countrys ski resorts are dropping to levels which are making these properties of great interest to property investors.

Recently published market analyst reports reveal that real estate in Bulgarias biggest ski resort, Bansko have dropped in price by as much as 50% since 2008 figures. The difficult global economic conditions have had their effect on some people wishing to sell property in Bulgaria, particularly in some of the countrys ski resorts, according to the reports, leading some vendors to drop their prices significantly in order to secure a sale. This is creating some very tempting real estate opportunities for property investors or for individual residential purchasers looking for a bargain ski apartment.

The International Business Times, citing the market analyst reports, says that “apartments in Bulgarian resort Bansko have halved in price over the past three years, attracting interest from buyers looking for affordable winter property. In the first eight months of 2011, apartments in Bansko were sold at an average of 760 euros per square metre. But after a hefty 10 per cent price drop in May, the index value of Bansko property is now at 51.31 , almost half that of November 2008, when the index value was at a peak of 100.” According to the article, many of Bulgarias ski resorts are demonstrating the same phenomenon, but “Bansko is leading the way on the ski slopes, with other major resorts seeing only a 22 per cent decrease in house prices”.

Bulgarias ski resorts have perennial appeal, offering skiing that rivals any of the top international ski resorts, great snow conditions with a long season, stunning natural scenery and excellent apres ski facilities. Whats always been the key to the appeal of Bulgarias ski destinations is the price: ski equipment and passes, accommodation, food and drink are all significantly cheaper than in some of the other popular ski resorts, such as the Alps, for instance. Now it is the price of property in Bulgarias ski resorts which is attracting attention, which is great news for those wishing to sell property in Bulgaria and in the ski regions in particular.

House Sales Bulgaria helps to match Bulgarian bargain property hunters with those selling property in the country. By harnessing its impressive network of websites and industry contacts, as well as multi-media and internet marketing, it ensures that the right properties get exposure to the right potential buyers. Find out more at our website.