Real Estate
Sold Your Property? Consider Section 54EC Bonds to Save on Capital Gains Tax
If you’ve recently sold a property and are looking to save on capital gains tax, Section 54EC bonds could be a viable option. These tax-saving instruments offer exemption from long-term capital gains (LTCG) tax under the Income Tax Act, 1961.
Real Estate Mumbai
Breaking Down the 109-Year Myth: Mumbai Real Estate and the Savings Dilemma
Bertie, a seasoned fund manager, delves into the sensational claim that it takes 109 years of savings for top-income families in Mumbai to afford an average-sized dwelling. Discover the real story behind the numbers.
Real Estate Mumbai
Buying a House in Mumbai? Top 5% of Rich Families Need 109 Years to Save Enough
A recent report reveals that even the top 5% of rich families in Mumbai would need to save for 109 years to buy an average-sized house. This highlights the extreme housing affordability crisis in the city.
Real Estate Pune
Mumbai's Housing Costs Now Rival Dubai's; Top Earners Need 109 Years to Save
Mumbai's real estate prices have surged to match those in Dubai, with the highest 5% of earners needing 109 years of savings to afford a home, according to recent reports.
real estate news
Indian HNIs: Over 20% Assets in Real Estate, But Not Saving Enough: Study
A recent study reveals that while high-net-worth individuals (HNIs) in India have a significant portion of their assets in real estate, they are not saving enough for the future. This imbalance raises concerns about financial security and long-term planning.
real estate news
High-Net-Worth Individuals Struggle with Savings and Diversification, Survey Finds
A recent survey by Marcellus Investment Managers reveals that many high-net-worth individuals (HNIs) are not saving enough to meet their financial goals, with a significant portion of their wealth tied up in real estate.