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Many people make the choice to purchase a home once in a lifetime. It is a time when you are anxious, elated, and frequently pressed for time. When you look at certain properties, one of them makes you think, “That’s my ideal home.” Before taking any decision consider all factors involved in buying process from finances to how this will be suitable for family members. Here we have gathered the top 10 crucial things to remember while buying a home in 2023:

Builder’s Reputation and Overall Brand

Location Of The Home

Connectivity and Transportation Availability

Social Infrastructure

Prospective Rental  

Future Resale Potential

Future Developments 

Offered Amenities

Quality of Construction

Mumbai has been the residential destination for some of the leading Bollywood celebrities. Lavish Lifestyle, world-class interiors, and spectacular sceneries are some of the main features of the luxurious Bollywood Celebrity homes in Mumbai. 

Balcony design is a big part of home exterior architecture design where you can put any kind of material to beautify the display of the balcony.

The purpose may be different as storage space, extra dining area, and more. Consider yourself lucky if you have a balcony that can be used as more than an extra storage place in the house. There are various ideas you can put to use while designing your balcony according to your need and your taste. 

The income you get from renting out the property is taxable under section 24. It will be calculated as per the Income Tax Act under the title of Income From House Property. 

As per Section 22, the rental amount of the property will be taxable under “Income from house property”. There are certain deductions under Section 24 which are helpful in saving tax from the rental income from your property.

Applying for a home loan has become easier than ever. Home loans provide you with a one-time, lump-sum advance of money for the purchase of the home of your choice; this sum will be repaid with interest. Banks provide home loans at a lower interest rates.

Flexible co-working space in India is a growing trend since it is more cost-effective and flexible. The demand for co-working spaces in India has recently increased dramatically, and this trend is projected to continue. According to the report, employees perceive this co-working environment to be more productive and efficient for them. By the end of 2023, the co-working space will have grown by 50 million square feet.