Gaurav ChakrabortyMr. Panchal, this project is located in Nanakramguda which is IT hub in Hyderabad. The area is home to TSI Business parks, IT/ITES special economic zones, Tishman Speyer's, Waverock Building, which houses multinational conglomerates. Located on Nehru Outer Ring Road, ensures sound road connectivity to other parts of the city. Owing to IT hub, this area witnesses healthy demand from working professionals and families. There is no shortage of malls, ATMs, banks, schools, markets and hospitals in Hoodi. Internal roads are good and wide due to which traffic congestion is not an issue here. The air quality index in Nanakramguda according to pollution app named Sameer its less than 50 which is good for residing.
karanHello Rishi, let's assume you buy a property for Rs 25 lakh and sell it after five years for Rs 35 lakh, making a profit of Rs 10 lakh. However, your actual gain will be lower after indexation. Long-term capital gains from real estate are taxed at 20%. You cannot claim regular tax deductions against long-term capital gains.
Ramnaresh GuptaDear Neeraj, this is an under-construction project and possession is expected by December 2019. The project is spread across 4 acres of land and comprises single tower with 32 floors and 564 units in total. Currently, there are new 2BHK and 3BHK apartments available in this project. The price range for apartments starts from Rs 64.75 lakh and it goes up to Rs 98.20 lakh. Also, in proximity to this project are all the basic facilities like malls, hospitals, banks, ATMs, schools and markets are available. Some of them are Seventh-Day Adventist Hospital, Royal Concorde International School, ICICI Bank, Ohri's @ Boulder Hills, Punjabi Food Court and HP Petrol Pump, among others. All in all, it is good project and amenities are also up to mark which include:
SPORTS & FITNESS
- Badminton Court
- Basketball Court
- Indoor Games
ENTERTAINMENT & SOCIALIZING
- Multipurpose Hall
- Party Lawn
CONVENIENCE & SECURITY
- Earthquake Resistant
- Entrance Lobby
- Gated Community
- Piped Gas
raghavbhatiHi Abbas, you can find the land survey no. on your property papers. In case you are unable to find it, consult a property expert. You can find the survey no. by visiting the registration and stamps department website of Telangana, here's a link: http://registration.telangana.gov.in/ts/UnitRateMV.do?method=getDistrictList&uType=P
Ajay GoswamiDear Mohan, located in Nanakramguda, Sumadhura Acropolis is in construction stage and possession is expected by December 2019. From an investment viewpoint, I would not recommend you to go with this project as under construction properties are no longer in demand due to 12% tax under GST. After implementation of GST Bill, homebuyers have moved their attention to ready homes in order to get evade shelling out extra cash. As of now, you may try to look out for recently completed properties because any newly completed project sees decent growth in capital values in its first 5 years. Also, before investing kindly consult an experienced property expert.
SK MubarakThis is a very old venture and if you are getting plot @4000, then its a great deal. go ahead. there is no development for various reasons. 1. vicinity to main road is close to 4 kms. 2. weaker section colony at the entry point of the venture. 3. lot of snakes in the vicinity making it dangerous for living at this moment. 4. there are no residential ventures close by to push the development in this area. closest venture is induaranya which is 4 to 5 km from this place.
Reputation index is a measure of your influence and reputation amongst the community. Higher the reputation, higher the rank. Your reputation index has a direct impact on your Q&A points.
How is Reputation Index calculated?
Reputation Index is based on the quality of your answers. For every answer of yours liked by the community, you get an increase in reputation. The 99acres community can like your answers in many ways: by giving thumbs up, by selecting your answers as the best answer, by following you.
Can the Reputation Index also decrease?
Yes. As stated earlier, Reputation Index is based on the quality of your answers. If the community feels that the quality is dropping, they can express their opinion by giving thumbs down to your answers. To keep your Reputation Index high, try giving well researched and clear answers.