26
February
Watch out before you invest in real estate
Undoubtedly real estate has shown a phenomenal appreciation in the last decade. Despite the 2008 global meltdown, the residential market of real estate has been resilient to the extent of surpassing its pre-2008 peaks in terms of valuations and yields. Real estate as an investment is hugely supported by our Income tax laws – income/loss from house property, capital gains exemptions on reinvestments and wealth tax exemptions are few to mention. Given the demand in residential, office and retail spaces, investors living in tier-1 cities have in some way or