Home Buyer Guide

First-Time Home Buyer's Roadmap: KEY Series (Knowledge Empowers You!)

From confusion to clarity, KEY : "Knowledge Empowers You!"" to make informed decisions; a customer awareness program is based on the culmination of our wisdom born out of facts and subject-matter expertise that we have gained through 400+ sale transactions over the last 8 years. KEY aims to equip you with all the information so that you are aware of exploitations, quality, price, etc. Buying a home for the first time? These are the questions that may be swirling in your mind:
  • What is the size of the home I require?
  • How do I plan my housing budget?
  • Where should I buy my home?
  • What should I look for in a suitable abode?
Read the document above to find all the answers to your dilemmas! We are here to help you demystify the entire buying process and make the journey to your first home a smooth ride. Assuring you the best of our services, All we need is your Autograph!

Home Seller Guide

As a part of our KEY series, we have shared our wisdom based on facts and subject matter expertise gained through over 8+ years of experience.

Click on the link below to identify the salient factors involved in selling the property at the best possible price and within a reasonable time frame:

Key takeaways from the guide:
  • Creating the right pricing strategy is crucial to the success of the sale
  • Understanding the factors which affect the selling price
  • Sales comparison approach in determining a fair price for the property
Agarwal Estates has invested generously in process and service delivery, having checklists for all major stages in the transaction. With our efficient system and streamlined processes, once the price is negotiated, we close the deal in 1 months’ time in comparison to the market trend of 3 months. Happy to help! All we need is your autograph!

Fractional Investments in Commercial Real Estate

In India, Commercial Real Estate, a multi-billion-dollar industry and growing has historically been for the big players (HNIs or Ultra HNIs) in the market. Each asset is valued at 10s of crores of rupees and reaps yield that is 4x times Residential Real Estate with capital Y-o-Y appreciation. This makes it accessible to only a few very wealthy individuals who have the right network, limiting the access to most of us, until a few years ago.

Today, you can grab the Fractional Commercial Real Estate Investment Opportunity! This revolutionary concept brought into India by the West, has opened avenues and opportunities for several unaffluent individuals, all at once. Key takeaways:
  • Minimum 25Lacs Investment
  • 8%+ Rental Yield
  • 12-16% Targetted IRR over 5 years
  • Longer Lease
  • Marquee Tenants
Should you have any additional requirements, please feel free to discuss with us. All we need is your Autograph!

Sales Process Flow

KEY: “Knowledge Empowers You!” to make informed decisions. As a part of our KEY series, we believe in sharing information from our Wisdom and Subject-Matter Expertise gained while serving more than 1000 customers since 2012.

This guide describes the process of Sale/Purchase of property that helps you gain a better understanding of the multiple phases of Real Estate Transaction. Some of the topics covered are mentioned below :
  • Negotiation on crucial subject matters like closing price, timeframe for closure, payment schedule, and penalty (as applicable).
  • Stages and Technicalities in the Home Loan Process.
  • The phases and timelines leading up to Registration of property.
  • Flowchart for the Process Step-by-Step Guide.
Should you have any additional requirements, please feel free to discuss with us. Happy to Help!

Comprehensive guide on NRI taxation for NRI home sellers

KEY: “Knowledge Empowers You!” to make informed decisions. For a NRI, the capital gains on sale of immovable property would be taxable in India. It’s critical that Non Resident Indians (NRIs) understand the complexities involved in this process. It becomes challenging for all the NRIs to sell a property in India as the buyer of such properties is required to withhold TDS as per provisions of Section 195 of the Income Tax Act, 1961.

For Long term capital Assets, TDS is deducted @ 20% plus applicable surcharge and cess and in case of Short term the TDS rate is around 30% plus applicable surcharge and cess. NRIs can either claim a refund of excess TDS deducted while filing the tax returns in next financial year or make an online application in Form 13 to issue a Lower TDS certificate (a walk-through of this Lower TDS process has been shared as another resource). This document on NRI taxation is a good read to acquire a basic understanding of NRI TDS process. Happy to Help!

Tax implications and exemptions for NRI home sellers

KEY: “Knowledge Empowers You!” to make informed decisions. It's critical that Non Resident Indians (NRIs) understand the complexities of NRI taxation since the process is complex and lengthy. They are required to pay appropriate taxes as and when they fall under the jurisdiction of Income Tax Act,1971.

NRIs may check the exemptions available which may help him optimize the tax outflow on the capital gain income. The details of what the taxes for an NRI are and how they should be dealt with fall under the category of NRI taxation. Since the rate of tax a NRI has to pay is very high at 22.88%,in such situations, first paying TDS @ 22.88% and then claiming the refund after filing an IT Return, which may take months if not years, is definitely not a wise step. Instead, NRI sellers can apply for a Lower or NIL TDS Deduction Certificate by applying form 13 online from Income tax department. This document on taxation and exemptions for NRIs is very insightful and comprehensive. Happy to Help!

Lower TDS Certificate for NRI Home Sellers

KEY: “Knowledge Empowers You!” to make informed decisions. It’s mostly observed that the actual tax liability of a NRI seller on sale of a property is much less than its TDS deducted on the said transactions. To eliminate this unnecessary burden on NRIs, the income tax law provides for the facility to obtain a Lower Tax Deduction Certificate (LTDC). All NRIs can voluntarily apply for a Lower TDS certificate/NIL TDS certificate to obtain a revised rate at which the TDS would be deducted.

There are few standard provisions and guidelines to obtain the Lower TDS certificate. All the details about the LTDC process are broadly covered in this document which is again a very thorough guide. Happy to Help!

Key Material Specification and Agarwal Interiors as Unique Differentiator

Interior Design is a synthesis of art, business, and science that deals with technical, creative sustainable, and functional use of the home. It is one of the most essential parts of our daily lives and reflects our standard of living. KEY: “Knowledge Empowers You!” to make informed and quick decisions. As a part of our KEY series, we believe in sharing information from our Wisdom and Subject-Matter Expertise gained while serving more than 500 customers since 2012.

We have done our due diligence by selecting each and every product very carefully based on Brand, Quality, and Cost without compromising the Quality. We understand the value of your time, so we prioritize the timely completion of work since any delay costs a significant amount of money. Please refer to our White Paper on Interiors for deeper dive. Key Takeaways from the guide:
  • Market Comparison for Quality and Price
  • Choosing products in terms of Brand, Quality, and Cost
  • Knowledge of Material Specifications to ensure Transparency
  • Leading Brand Partners
Happy to Help!

White Paper on Interiors

KEY: “Knowledge Empowers You!” to make informed and quick decisions. This document provides basic guidance on the quality of products used for different furniture as well as Frequently Asked Questions that arise in your mind while going for Interior Services. It will also address all your concerns about Market Practice, Work Execution time Period, Quality of Products and Design Standards, emphasizing How We Differ! We ensure Transparency, a ‘Fixed and Fair’ pricing model, with timely completion and an unbiased approach. For Instance, Agarwal Interiors uses top-grade materials that guarantee durability as well as ensure the attractiveness of the kitchen. We also narrowed down the material specification in detail to ensure TRANSPARENCY, setting a benchmark for the market! Key Highlights :

  • Use of high-quality material by Agarwal Interiors
  • Agarwal Interiors as a Unique Differentiator
  • Comparison between Agarwal Interiors vs. Market Practice
  • Reasonably Priced without sacrificing Product Quality
  • Work Execution TimeLine
Happy to Help!