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[nik991]

Why Should Buy Residential Property?

Investing in residential property is one of the most popular and time-tested ways to build wealth. Owning a property provides not only a sense of security and stability but also serves as a valuable asset that appreciates over time. As urban centers like Delhi expand, the demand for quality housing rises, making it an ideal time to consider purchasing a residential property.

Key Reasons to Buy Residential Property

Financial Security and Wealth Building Buying a residential property offers the potential for capital appreciation. As property values increase over time, your investment can yield significant returns. Additionally, it provides a safety net for the future, serving as a tangible asset you can leverage or pass down to future generations.

Consistent Rental Income Residential properties are excellent for generating passive income through rentals. With a steady stream of tenants, you can cover mortgage payments, maintenance costs, and more, all while generating extra cash flow. In high-demand areas like East Delhi, finding tenants is relatively easy, making it a highly profitable investment.

Tax Benefits The Indian government offers several tax benefits to homeowners, including deductions on home loan interest and principal repayments. These tax incentives can significantly reduce your financial burden, making property ownership more affordable in the long run.

Personal Control and Customization When you own a residential property, you have complete control over its design and layout. Whether you want to renovate the kitchen, add a backyard, or upgrade the interiors, homeownership provides the freedom to make the space truly yours. Working with reputable builders in Delhi allows you to create a property that suits your specific lifestyle and preferences.

Stable Investment Option, Unlike volatile investments such as stocks, real estate is generally stable and less prone to market fluctuations. Property values tend to be appreciatedconsistently, especially in growing urban areas. For example, construction in East Delhi is booming, which is driving up property values and making it a prime investment opportunity.

Why Buy Residential Property in Delhi?

Delhi is a vibrant city with diverse residential options ranging from luxury apartments to affordable housing projects. There are several reasons why purchasing a residential property in Delhi can be highly advantageous:

Excellent Infrastructure: Delhi boasts a robust infrastructure with top-notch schools, hospitals, and public transportation. Living here provides easy access to essential amenities and conveniences.

Strong Rental Market: Delhi’s rental market is thriving, especially in popular residential areas. Buying a property here allows you to tap into a steady rental income stream if you decide not to live in the property yourself.

High Appreciation Potential: As the capital city continues to expand, so does its property value. Strategic areas such as East Delhi are experiencing rapid development, offering a lucrative opportunity for investors.

Finding Reliable Builders in Delhi

Choosing the right builder is crucial to making your property investment a success. A good builder will understand the nuances of property construction, including zoning laws, sustainable practices, and modern architectural trends. The Makhijas Group, one of the most reputable builders in Delhi, offers unmatched expertise in both residential projects and construction.

Here’s how the Makhijas Group can assist you in securing a residential property that meets your goals:

Customized Design Solutions: Makhijas Group works closely with clients to create residential properties tailored to their unique preferences. Whether you want a modern apartment or a more traditional single-family home, their team ensures a personalized approach to every project.

Quality Construction: With years of experience in construction in East Delhi and beyond, Makhijas Group uses high-quality materials and the latest building techniques to deliver safe, durable homes that stand the test of time.

End-to-End Project Management: From selecting the perfect plot to handling construction permits and delivering a ready-to-move-in home, Makhijas Group manages every aspect of the project. This ensures a hassle-free experience for homebuyers.

How Makhijas Group Can Help You

When you decide to buy a residential property, choosing a reliable builder in Delhi is essential to ensure your investment’s success. Makhijas Group has a proven track record of developing quality residential projects across Delhi, including East Delhi. They bring a commitment to excellence in every project, focusing on transparency, on-time delivery, and exceptional customer service.

As a full-service real estate company, Makhijas Group offers a wide range of services, including:

Site Selection: Assisting you in choosing the best location for your residential property.

Project Customization: Tailoring the property layout and design to fit your unique needs.

Construction and Finishing: Utilizing high-quality materials and modern construction practices to create a comfortable, long-lasting home.

Conclusion

Buying a residential property is a rewarding investment that offers financial security, rental income, and a space to call your own. If you’re considering purchasing property in Delhi, partnering with a reliable builder in Delhi like Makhijas Group is key. They are equipped to guide you through the process and ensure you receive the home of your dreams.

Take the first step towards owning a quality residential property by visiting Makhijas Group today. With their expertise in construction, residential projects, and customer-focused approach, you’ll be well on your way to finding a home that perfectly suits your needs.

[vwvolkswagen]

Discover Excellence at the Volkswagen Showroom in Delhi East

When it comes to purchasing a car that combines German engineering, exceptional performance, and timeless design, Volkswagen stands out as a brand synonymous with quality and reliability. Whether you are searching for the perfect family car or a stylish vehicle for your daily commute, the Volkswagen showroom in Delhi East offers an unparalleled experience for every car enthusiast.

Volkswagen Noida: A Gateway to German Engineering

Located in the bustling city of Noida, the Volkswagen dealership is a hub of modern automotive technology. At Volkswagen Noida, you will find a complete range of Volkswagen vehicles, each embodying precision and attention to detail. Whether you are interested in the Volkswagen Polo, Volkswagen Vento, or the premium Volkswagen Tiguan, the Noida showroom showcases the finest selection of vehicles designed to cater to a wide variety of preferences.

Test drives at the Volkswagen dealership in Noida are an exclusive opportunity to experience the true essence of driving a Volkswagen. The expert sales team ensures you get a personalized walkthrough of the vehicle’s features and cutting-edge technology, enabling you to make an informed decision. From safety features to luxury interiors, Volkswagen Noida provides customers with every detail needed to select their ideal car.

Volkswagen Delhi East: A Seamless Car Buying Experience

The Volkswagen Delhi East is known for offering an immersive experience that goes beyond just purchasing a car. Here, you are welcomed into a space that reflects the brand’s commitment to quality, customer satisfaction, and a thorough understanding of the Volkswagen driving experience. This dealership is not just a place to buy a car but a destination for anyone who appreciates the art of automotive engineering.

Volkswagen Delhi East offers a comprehensive collection of Volkswagen models, from compact city cars to spacious SUVs. The showroom provides all the latest models, such as the Volkswagen Taigun, Volkswagen Virtus, and the robust Volkswagen T-Roc. Each model reflects Volkswagen’s heritage of blending performance with practicality, making them suitable for both urban and off-road adventures.

The Volkswagen dealership in Delhi East also excels in offering transparent pricing, flexible financing options, and competitive deals. Customers can rest assured knowing that they are receiving the best value for their investment.

Why Choose Volkswagen Showrooms in Noida and Delhi East?

Both Volkswagen Noida and Volkswagen Delhi East have established a reputation for their customer-centric approach. The dealerships offer a broad spectrum of services, which include:

New Car Sales: Explore the latest Volkswagen models in their sleek showroom displays. Each model is designed to deliver world-class safety, comfort, and performance.

Pre-Owned Cars: In addition to new models, both dealerships offer a selection of Volkswagen certified pre-owned cars. These vehicles go through rigorous inspections to ensure they meet the highest standards of quality.

Car Servicing and Repairs: Both showrooms feature state-of-the-art service centers where certified technicians provide maintenance and repair services using genuine Volkswagen parts.

Financing Solutions: With tailored financing options, Volkswagen dealerships make owning your dream car an easy and hassle-free process. Their finance specialists are on hand to assist with affordable loan plans and lease agreements.

Unmatched Customer Support at Volkswagen Dealerships

Volkswagen has always placed a strong emphasis on providing superior customer service, and the Volkswagen showroom in Delhi East is no exception. The team of trained professionals ensures that every step of the purchasing journey is smooth and stress-free. Whether you are a first-time buyer or a seasoned Volkswagen owner, the dealership staff will assist you with everything from choosing the right model to arranging test drives and after-sales support.

The service doesn’t stop at the point of sale. The Volkswagen dealership in Noida offers continued support through its comprehensive maintenance programs and warranty packages. Owners can avail of extended warranties, routine maintenance services, and roadside assistance, ensuring peace of mind with every drive.

What Sets Volkswagen Apart?

Volkswagen has consistently maintained a balance between innovation and reliability. Here are some key aspects that make Volkswagen vehicles stand out:

Cutting-Edge Technology: Volkswagen vehicles are equipped with advanced tech features such as the Digital Cockpit, adaptive cruise control, and Volkswagen Connect, which allows owners to stay connected to their car at all times.

Eco-Friendly Engineering: Volkswagen’s commitment to sustainability is evident in its BlueMotion technology, which optimizes fuel efficiency and reduces emissions without compromising on performance.

Unparalleled Safety: Safety has always been a priority for Volkswagen. Each vehicle is designed with multiple airbags, advanced braking systems, and the latest driver-assistance technologies such as lane-keeping assist, automatic emergency braking, and blind-spot monitoring.

Volkswagen Showroom in Delhi: Convenience and Accessibility

The Volkswagen showroom in Delhi is strategically located to serve the growing demands of customers from various parts of the capital. With its prime location, it offers easy access and a convenient car-buying experience for people residing in East Delhi and surrounding regions.

Whether you are looking for a family-friendly SUV, a compact city car, or a luxury sedan, the Volkswagen showroom in Delhi has it all. The spacious and well-organized layout of the showroom makes it easy for customers to browse through the available models, compare features, and make an informed choice.

Additionally, the Volkswagen dealership in Delhi is committed to maintaining the highest standards of service by offering quick, efficient, and professional customer care. The team at the showroom is always on hand to answer any queries and provide expert advice, ensuring you leave with the perfect Volkswagen for your lifestyle.

Volkswagen Dealership in Noida: A Trusted Automotive Partner

The Volkswagen dealership in Noida has earned a strong reputation for its commitment to providing an exceptional customer experience. With a focus on creating long-term relationships with customers, the Noida team offers ongoing support, ensuring that every Volkswagen owner enjoys hassle-free ownership.

From the moment you walk into the Volkswagen dealership in Noida, you are treated to a premium experience, whether you are browsing for a new car or booking a service appointment. The dealership is fully equipped with modern diagnostic tools and highly trained staff, ensuring that all services are carried out with the utmost precision.

Visit Volkswagen Showrooms for an Unmatched Experience

If you are in the market for a Volkswagen and live in Delhi or Noida, visiting one of these showrooms will undoubtedly provide you with a first-class experience. The combination of German precision, stylish design, and cutting-edge technology available at these dealerships ensures that you find the perfect car to meet your needs.

From the extensive range of vehicles to the professional staff ready to assist you, Volkswagen showroom in Noida and Delhi East offer the finest car-buying experience.

[csl-finance]

Loan against property in delhi ncr

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[futuremoneyeasy]

5 Times A Personal Loan Can Help You Out In Emergencies

An individual advance is an incredible companion in the midst of hardship. That is the motivation behind why the Indian family unit devours a lot of moment individual credits to tide through crises. According to an RBI report, banks had Rs. 5.89 lakh of extraordinary individual advances as of May 2010. By June 2018, the personal loan finance company in Delhi's complete remarkable sum had arrived at Rs. 19.33 lakh crore.

At the point when you are in dire need of assets, you can't bear to trust that 3 days will get the advance authorized. Just a crisis individual personal loan settlement agencies in Delhi advance can help you when time is including some built-in costs. Searching for assets in a crisis? Here are five different ways an individual credit can help.

Health-related crises

A health-related crisis is one of the top reasons why one may apply for individual credit. With expanding clinical and hospitalization costs, even those with medical coverage spread make some extreme memories taking care of the tabs. You may debilitate your aggregate guaranteed or you may need to cover medical clinic tabs for an old parent with no medical coverage.

In such a circumstance, a moment individual credit can be a lifeline. At the point when you apply for an individual advance from IIFL Finance, you can get the advance sum in your record in 8 hours with the goal that you get the cash when you need it the most.

Obligation union

Exorbitant acknowledge, for example, those from Mastercards that charge high paces of intrigue can without much of a stretch run wild quickly. Or then again, you may have different advances remarkable that are putting weight on your funds. Some of the time, you may have only 24 hours to pay your EMIs before you default on your credit. A crisis individual credit can get you out of such an emergency. You can likewise take an individual advance to combine (pay off) every one of your obligations that charge high loan costs.

Wedding costs

India's huge weddings are celebrated private personal loan providers in Delhi worldwide and costs can wind wild when style and luxury become the thing to address. Notwithstanding appropriate arranging, wedding costs quite often cross the financial plan and gauges. Today, the expense of a medium-scale wedding begins at Rs. 10 lakh in India.[2] When expenses are high, there is a high chance that you may confront a budgetary crisis from a startling quarter.

For instance, your cooking spending plan may expand from Rs. 5 lakh to Rs. 10 lakh and you may need to pay the cook inside 12 hours or even less. At the point when you are shy of assets, a moment individual credit can make all the difference for you.

Advanced education costs

Instruction credit from a bank may not cover every single cost when your youngster is going through advanced education. There are living costs, voyaging costs and a heap of different costs that requires a lot of cash. In the event that you are shy of assets before sending your youngster to an unfamiliar college abroad or in India, you can apply for an individual advance and meet his/her advanced education costs.

As some training credits charge high paces of intrigue, you can likewise decide on an individual advance to finance your kid's instruction in India and abroad. You can apply for IIFL's Express Personal Loan and get up to Rs. 25 lakh in your record inside 48 hours.

Home fix and remodel

While home remodel may not be something that we can call a crisis, there are times when our homes may require a crisis fix. You can have a harmed divider or roof just before the storm, or a few pieces of your home might be in critical need of fix or redesign before a pivotal event.

Such fixes and redesign can hardly wait for quite a personal loan provider in south Delhi long time; in this way, you will require crisis assets at short notification. You can either delve into your investment funds or apply for a moment individual advance to pay for the expenses of a fix.

Before you choose a loan specialist, it's critical to contrast and different banks and NBFCs and take an educated choice. personal loan providers in east Delhi Check for financing costs, sort of loan costs (coasting or fixed), preparing expenses, prepayment charges, advance residency, and so on. These are the essential things that you have to check. Try not to succumb to the snare of low EMIs, utilize an individual advance EMI mini-computer, and check how much additional you are paying for the advance by broadening your residency.

Contact Details

Name - Future Money Easy Services Pvt. Ltd Email - info.futuremoneyeasy@gmail.com

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[registrationmitra]

Trade License Registration in Delhi | Registration Mitra

Register Your Business With Trade License Registration In Delhi

The government's primary motivation for instituting trade licenses in India is to control or oversee the country's business sector, as doing so will promote the sector's growth and, ultimately, the nation's wealth. Making sure that there are no unethical practices prevalent in the market is another justification for the creation of this form of license. Since many people conduct various commercial operations from their homes, a trade license registration in Delhi from Registrationmitra is required to regulate and maintain a proper business environment.

In India, registering a patent is a difficult operation that requires meticulous attention to detail and strict adherence to deadlines. Each and every step must be properly carried out in accordance with the instructions given by the Indian Patent Act and Rules. In order to register a patent application in India, it is usually advisable to contact or engage a registered, professional patent attorney or agent.

DOCUMENTS REQUIRED:

Identification and proof of address for the application

Letter of authority, a receipt for property taxes, and, if applicable, a lease or rental agreement with the owner

Address and ID evidence of the appropriate party

Blue Property map print

Paperwork for incorporation with challan

WHY TRADE LICENSE REQUIRED from REGISTRATIONMITRA?

To ensure that a person is not engaging in any unethical business practices and is adhering to the pertinent laws, regulations, safety precautions, and government-made directives, a trade license registration in Delhi is required. Additionally, it shields the company's owner from some liabilities. Different types of business licenses provide varying levels of protection.

Reliability: A business with a trade license has a better reputation with customers and investors than one that is not registered.

Financial Support: Applying for loans and other forms of financial support from the government and other financial institutions is made easy for enterprises.

High Returns: After obtaining a trade license, it was possible to enter global markets because doing so boosts brand recognition and enhances profits.

Virtuous Business Practices: The government maintains an eye on companies that have trade licenses to ensure that no unethical business practices are being used.

A federal government-granted privilege known as a patent registration in Delhi enables the creator to prevent others from producing, using, or selling the invention for a set amount of time. In order to register your innovation under the Patent Act, you must first submit an application. It is regarded as a monopoly privilege provided by the government that forbids anyone from utilizing, producing, distributing, or importing the patented good or method without first receiving permission.

Process for Trade License-

Access the MCD website.

Choose your DMC region, such as the north, south, or east.

Click on the "Trade or Storage "Tab" that is shown on the home page.

At this point, you can click "Application of new licenses" to be taken to the website where you can apply for new trade licenses.

Finally, you must fill out the application with all necessary details and press the "Submit" button.

The relevant documents are then uploaded and submitted.

After this procedure is finished, ULB staff verify the uploaded documents.

A special application number will be generated upon the application's successful submission.

The applicant will then receive notification through SMS on their cell phone that the required payment must be made.

You must enter the following information when making a payment:

User name

Date of collection

Collection facility

Date of payment

Bank information

Making a payment by selecting the "make payment" tab is the last step. After that, a receipt of acknowledgement is produced. Now, from above these steps, trade license registration in Delhi from Registrationmitra has been completed.

For More Information,

Visit- www.registrationmitra.com

Call - 9617002000

[vwvolkswagen]

Find Your Perfect Car at the Volkswagen Dealership in Noida - Visit Us Today

When it comes to finding the perfect car that combines German engineering, innovation, and reliability, the Volkswagen dealership in Noida is your ultimate destination. Offering a wide range of vehicles that cater to every need and preference, our dealership is committed to providing an exceptional car-buying experience. Whether you're looking for a sleek sedan, a versatile SUV, or a compact city car, the Volkswagen lineup has something for everyone. Visit us today to explore our latest models and experience the quality and performance that Volkswagen is renowned for.

Visit Volkswagen Noida and Delhi East Today!!!

Get in Touch with Us!!!

Book Your Favorite Volkswagen Car Today!!!

Explore the Volkswagen Range

A Car for Every Lifestyle

At our Noida dealership, we pride ourselves on offering a comprehensive range of Volkswagen vehicles designed to meet the diverse needs of our customers. From the iconic Volkswagen Taigun to the luxurious Volkswagen virtus and the family-friendly Volkswagen Tiguan, our showroom features the latest models equipped with advanced technology, safety features, and efficient engines. Whether you're a young professional, a growing family, or a driving enthusiast, Volkswagen has the perfect car to match your lifestyle.

Click Here to Schedule A Test Drive 

Advanced Technology and Innovation

Volkswagen is a brand that has always been at the forefront of automotive innovation, and our dealership in Noida is no exception. Each Volkswagen vehicle is designed with cutting-edge technology that enhances your driving experience, from intuitive infotainment systems to advanced driver assistance features. At our dealership, you can explore these innovations firsthand and discover how Volkswagen is setting new standards in the automotive industry

.

Why Choose Volkswagen Noida?

Exceptional Customer Service

Customer satisfaction is our top priority at Volkswagen Noida. From the moment you walk into our showroom, you will be greeted by a team of friendly and knowledgeable professionals dedicated to helping you find the perfect car. We take the time to understand your needs and preferences, offering personalized recommendations that ensure you make an informed decision. Whether you're purchasing your first Volkswagen or adding to your collection, we are here to make your car-buying experience enjoyable and hassle-free.

Tailored Financial Solutions

We understand that buying a car is a significant investment, which is why Volkswagen Noida offers a range of tailored financial solutions to suit your needs. Our finance team works closely with you to provide flexible payment options, competitive interest rates, and leasing plans that make owning a Volkswagen more accessible. Whether you prefer a traditional loan or a customized financing plan, we have the right solution to fit your budget.

Comprehensive After-Sales Service

Top-Notch Maintenance and Repair

Volkswagen Noida is committed to keeping your vehicle in top condition long after you drive it off the lot. Our state-of-the-art service center is equipped with the latest diagnostic tools and staffed by certified technicians who are experts in Volkswagen maintenance and repair. We use only genuine Volkswagen parts to ensure the highest quality of service, whether you need a routine oil change, brake inspection, or more extensive repairs. Regular servicing at our dealership ensures that your car remains as reliable and efficient as the day you bought it.

Convenient Service Options

We understand that your time is valuable, which is why we offer convenient service options at Volkswagen Noida. With online service booking, express services, and a comfortable waiting area, we make it easy for you to maintain your vehicle without disrupting your schedule. Our service advisors are always available to provide transparent and straightforward advice, ensuring that you have a clear understanding of the work being done on your vehicle.

Experience the Volkswagen Difference

A Legacy of Quality and Innovation

Volkswagen is a brand synonymous with quality, reliability, and innovation. At our Noida dealership, we are proud to carry on this legacy by offering a range of vehicles that reflect these values. Whether you are drawn to the timeless design of the Volkswagen Beetle or the modern sophistication of the Volkswagen Arteon, you will find a car that not only meets but exceeds your expectations. Visit us today to experience the Volkswagen difference for yourself.

Visit Volkswagen Noida Today

We invite you to visit our dealership in Noida and discover why Volkswagen is the brand of choice for discerning drivers. Whether you are looking to purchase a new vehicle, explore financing options, or require maintenance for your current car, our team is here to assist you every step of the way. At Volkswagen Noida, we are not just selling cars; we are building lasting relationships with our customers, ensuring that you receive the best service long after your purchase.

Conclusion

Volkswagen Noida is your go-to destination for finding the perfect car that combines German engineering with advanced technology and unmatched reliability. Our extensive range of vehicles, coupled with our commitment to exceptional customer service and comprehensive after-sales support, makes us the top choice for Volkswagen enthusiasts in Noida. Visit us today and let us help you find the Volkswagen that’s perfect for you.

[admissify-blog]

Top Scholarships For International Students Studying In The United States

The United States is amongst the most popular destinations for international students. The Best Overseas Education Consultant in Delhi will also say the same when you head to them for counseling. Many students come from affluent backgrounds, and it is easy for them to venture outside their country for higher studies. However, not all are lucky. Today, many middle-income group students also want to fulfill their dreams of studying abroad. Loans are helpful in a certain way. However, they can create a constant pressure on the student’s psyche to get a job just after completing undergraduate courses. So, a few amongst such students who want to pursue further studies have to settle for work. However, with the abroad study scholarship, things have become easy. 

You can enquire about the available opportunities for yourself. A lot depends on your academic life, as well. You can consult the Best overseas education consultants in Delhi for uk to get complete information on the courses, fee structure, grants, and scholarships. After you obtain the complete information, you can plan your future accordingly. 

Here we have compiled a few top scholarships for students who want to go to the US for higher studies. 

Getting Scholarships In The US

You will find the US to be one of the most expensive destinations in the world. So, it is not a wonder, that you would require a scholarship to partially or fully fund your education. Apart from the tuition fees, there is accommodation, food, commute, and other miscellaneous expenses that you need to take care of. 

The best uk education consultants in delhi will tell you about several types of scholarships. You will come across:

Government-funded scholarships

Non-governmental scholarships

University-specific scholarships 

Miscellaneous scholarships based on gender, ethnicity etc. 

In order to get through the scholarship process, the best uk consultants in delhi will come to your rescue. You have to know about the eligibility, criteria, application process, and deadline in detail, to get one today. The competition is really high, so you have to be meritorious and also chalk out that perfect application for scrutiny. Your personal essay matters a lot when you apply for scholarships in the US. The study abroad consultants in delhi will help you in your pursuit of success. 

Most Important Scholarships Decoded 

According to your Study Abroad Consultant, the topmost scholarships for international students in the US are Fulbright Foreign Student Program and Hubert Humphrey Fellowship Program. These two are amongst the most popular government-funded scholarships in the US. The former offers funds for graduates, young workforce, and artists. The latter does not support degree programs, but can aid you in pursuing 10 months of academic or work-based vocational courses. They are both in high demand. You can get the complete details about the above from the study abroad consultants Guwahati. 

You should also know about the Non-governmental US scholarships for international students. They are Civil Society Leadership Awards, Preply Scholarship, and #YouAreWelcomeHere scholarship, to name a few. You have to make a video or write an engaging personal essay, depicting your eagerness for the promotion of international culture to get through scholarships. These scholarships can range from USD $1,000-$2,000. For Asian students, there are specific scholarships, like East-West Center Scholarships, Japan-United States Friendship Commission, and many more. 

If you are a female student reading this, there is some good news for you as well. There are specific scholarships aimed at female students. They are the Bat and Ball Game Women’s Sports Scholarship, AAUW International Fellowships, and the MIT-Zaragoza Women in Logistics and SCM Scholarship. Additionally, you will also come across scholarships meant for minority females. 

If you have completed your graduation, you can avail yourself of the Rotary peace Fellowships. It is applicable for students who are studying at Duke University or the University of North Carolina. 

There are amazing scholarships for students from developing countries like India and Africa. Moreover, they are the Aga Khan Foundation International Scholarship Programme and MasterCard Foundation Scholarships. Both are for students of various levels from Africa. 

According to the best study abroad consultants in Delhi, you can also avail yourself of university-based scholarships. They include ones from the American University, Brandeis University, Clark University, Harvard University, and the University of Oregon, to name a few. 

If you feel confused, after going through so many options, you can connect with Admissify. They are global overseas education consultants. They have complete information about study abroad courses, scholarships, and more opportunities. Email them at info@admissify.com.

[bivocalbirds]

A Guide to the Property Tax in Delhi 2020-2021: All You Need to Know

Property taxes are levied by either state government or local civic bodies. House tax is a kind of property tax levied on house properties, along with appurtenant land. It is governed by Income Tax Act, 1961 together with indirect taxes like GST, stamp duty and property tax. ​As with most real estate tax regimes, the legislation affects the entire lifecycle of constructing, owning, renting and using a property as well the depreciation, repairs and improvements, sale and the deployment of sale proceeds.

Property Tax: This tax is paid annually to the government authorities by the property owners. The tax is collected by the authorities to fund the cost of improvements and establishments of public expenditures and amenities.

Property tax is not calculated uniformly across the whole country. There are different bodies that have been made to calculate the property tax.

Also check out, How the Indian real estate sector can become the cornerstone of the economy​

Calculation of Property Tax: Property Tax can be calculated under the following three methods:

Unit Area Value System: It calculates the Property Tax based on the per unit price of the built-up area of the property.

Annual Rental Value System: Property tax is collected every year under this method. It is the rent estimated by the municipal corporation based on the location and the size of the property.

Capital Value System: Under this method, the property tax is calculated based on the market value of the property, which is decided by the government according to the location.  

Types of Property: Properties are classified into certain categories to help the government streamline the process of estimating taxes based on certain specific criteria.

Property in India has been divided into the following four categories:

Personal Property: Transportable man-made property like cars, buses and cranes is known as personal property.

Land: Land in its undeveloped form that is devoid of any form of construction.  

Improvements and upgrades made to land: Manmade constructions on land that cannot be moved like buildings.

Intangible property: The property that is not in its concrete form is called Intangible property.

​ Income Calculation from House Property: One can calculate income from house property based on the following points:

          • Only the net annual value of the residential property is considered for taxation, which is determined by deducting the municipal taxes from the gross annual value of the house. 

          • In case the house is lying vacant for any financial year, then only the rent received for certain tenure is considered as income, and it is not computed for 12 months or the whole year. 

          • In case a house is lying vacant, but the owner is still paying the property tax against it, then, this loan can be offset under the income received from other sources. In case one is unable to consider the same in the current fiscal year then this expense can be carried forward within the next eight years.

          Also check out, Real estate investment: 5 common mistakes to avoid  

Income Tax Exemptions under Section 24 of the Income Tax Act: Under the section 24 of the Income Tax Act is known as ‘deduction from income from house property. Income, in this case, is earned according to three scenarios:

• Rent received at the rented house is said to be as income. 

• A person who owns more than one house is considered to have the net annual value of the unoccupied house as income. 

• If a person owns and occupies a house, then the income is considered as Nil. However, the rent received through additional houses is eligible for deductions under section 24 of the Income Tax Act.

Also check out, Some useful tips on how to reduce homeloan EMIs​

Tax Exemptions Offered under Section 80C 

 Under section 80C of the Income Tax Act, the following tax exemptions are offered to the property owners.

• Individuals who purchase a new home can claim deduction under Section 80C on the stamp duty and registration charges. Up to Rs. 1.5 lakhs can be deducted under these charges. 

 • Exemption can be claimed as per this clause for any other expenses undertaken through the transfer of a new residential property.

Authorities for Collection of Property Tax in Delhi

MCD: Municipal Corporation of Delhi (MCD) is authorized to collect tax from all kinds of properties, like residential, commercial and vacant. The tax collection by MCD is based on the tax estimates derived through the Unit Area System. 

MCD is divided into three zones:

NDMC 

North Delhi Municipal Corporation (NDMC) is authorized for property tax collection in the New Delhi area from property owners and joint owners having rented, sub rented, occupied or non-occupied. It calculates property tax using the unit area value system. Many times the rent is also calculated on the basis of the annual rent value system, where the highest estimate of the annual rent value system or highest of the unit area value system is taken into consideration. Payment can be made at NDMC through a cheque which is payable at New Delhi.

EDMC 

 East Delhi Municipal Corporation (EDMC) is liable to collect property tax from the property owners in the East Delhi zone. You can pay the property tax on their website or through cheques.

SDMC 

 South Delhi Municipal Corporation (SDMC) is responsible for tax collection in the southern zone of Delhi. It is authorized to collect tax for the development and construction of civic amenities in the region under its supervision just like the EDMC and the NDMC. The SDMC also calculates the property tax via the unit area method. In addition to this, the tax collecting authority accepts payments through net banking and cheques.

​Get 2bhk flat on rent in Noida extension​

Property tax is the mandatory tax that should be paid by every person who owns a property. Nowadays, the Property Tax can be easily paid online. Recently, an app has also been developed to make payment easy. You can also use Google Tez and Paytm to pay the property tax.

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