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What should be the image of an ideal residential apartment in a luxurious complex? Definitely a combination of advanced amenities that cater to the requirements of one and all, backed by great connectivity & transport is what comes to our head. After all, every family wishes for the best of facilities in their ideal home so that they can lead a life of comfort and convenience.

With the upcoming projects in and around New Town, no corner of the city is left undeveloped. The advancements in commercial and infrastructural work in recent years have transformed the area into a dream location for anyone wishing to escape the chaotic urban life.

If it is a peaceful stay you wish for, you don’t have to look any further, Rajarhat is the dream destination for you. Given the contemporary modifications this region has received in the past few years, steady growth in the number of real estate projects has been observed.

Among all these luxury residential projects in Kolkata, One Rajarhat seems to stand out the most.

Designed by one of the big names in real estate sector, this project by Anik Industries Limited is attracting people from all over the city. Aiming to please residents by its ultra modern amenities, this housing complex is the epitome of luxury and comfort. What better choice of residence to fit your requirements?

One Rajarhat- Dream Destination for Families

Lying on the periphery of the planned city New Town, One Rajarhat is nestled with enough greenery to soothe your stressed state of mind and at the same time consists of all the commercial facilities that will undoubtedly grant you a luxurious life. The excellent location ensures that all the basic utilities you require in day to day life are available within your palm’s reach. Known for its prime location, this address houses several entertainment centres such as Axis mall, both the City Centres, distinguished hospitals such as Ohio Heart hospital, AMRI hospital etc.

It doesn’t end there. The locality boasts of an efficient commute system that gives an edge to the entire concept of connectivity. The proximity to the airport and other reputed institutions such as schools and business hubs further raise the value of real estate projects in this area. Moreover, availing the shuttle services can link you to the major areas of the city in no time. All these qualities of projects emerging in Rajarhat add on to make travelling an easy affair. Even people with huge families can easily reap the benefits of this smooth functioning transport system.

One Rajarhat- Perfect Spot for Relaxation & Fun

What is the point of residing in a housing complex that doesn’t offer any grand set of facilities and amenities? Here at One Rajarhat, you get to become a part of a living experience unparalleled to any other. The infinite range of amenities is designed with a purpose to cater to every resident’s needs – young and old alike. From the benefits of having a swimming pool with a deck to a library, you will get enough reasons for enjoying life at One Rajarhat.

Here are some of the facilities & amenities in this residential complex with luxurious apartments that will make your weekends enjoyable:

• Infinity swimming pool
• Yoga/ meditation centre
• Banquet Hall cum Badminton court
• World Class Multi-Gym
• Massage spa room
• Steam and sauna room (separate for ladies and gents)
• Children’s play areas
• Library
• Jogging and walking track
• Table tennis room and many more

Keeping in mind the diverse family sizes in Kolkata, One Rajarhat offers apartments in various specifications such as 1BHK, 2 BHK, 3 BHK and 4 BHK. Depending on your preference, you can choose any and lead a peaceful life away from the pollution of the city but connected nonetheless.

These are some of the features that make One Rajarhat a one of a kind project. Developed by one of the top real estate companies in Kolkata, you will find all the necessary things required for a luxurious complex. Whether you want alluring colour schemes for your walls or imported interiors, this residential project is steadily proving to be the ideal image to suit each family’s needs.

So, you have finally bought your dream luxury apartment in Kolkata and definitely your happiness knows no bounds. The luxurious specifications, the classy set of amenities, the peaceful surrounding and the posh location – everything together is enabling you to lead a lifestyle shaped by style and comfort. What’s more? Shifting to a refined space in a luxurious housing project also calls for throwing parties like a kitty party or house warming party. However, throwing a party in a comparatively small space like a 2 BHK apartment can be a challenge and can become a challenge. Yet, there’s something incredibly charming about parties in a cozy space. Hence, if you are fond of throwing parties but the lack of space is stopping you from doing so, discover the DIYs for throwing a kitty party in your 2BHK apartment in this write-up.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Cool Hacks to Throw Kitty Party with Limited Space

Kitty parties are usually informal but you can up the ante a bit. It’s possible to throw a kitty party in 2BHK apartments if you’re willing to get creative with how you use the space.

If you’re ready to make the most of your luxury apartment in Kolkata, then here are the hacks to comfortably squeeze all your friends into your apartment for an amazing kitty party, worth remembering.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Don’t Hesitate to Move Stuff Around

While some apartments can be extremely small (where you cannot do anything to free up space), other apartments like the 2 BHK apartments at One Rajarhat in New Town, Rajarhat come with some extra space to allow some rearranging. So, here’s the hack: if possible, try relocating some of the extra tables and chairs out of the way to make some place for hobnobbing.

A quick fix here can be pushing the furniture against the wall, thereby giving rise to more open space for moving around, while you preserve seating along the wall.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Label the Drinks Name

It is quite obvious that the guests’ drinks are going to get mixed up since a 2 BHK luxurious flats in Kolkata will be able to hold only a few tables to put things on. Hence, start with the drink labeling system, thereby enabling everyone to know what’s what. This will ensure that your friends use only one glass throughout the party, thereby making it easier to clean up and solving the problem of limited glassware supply.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Make Sure it’s not Hot & Uncomfortable

Throwing a kitty party in a small space can make a room feel hot, owing to a bunch of people cramming into one space. Hence, chalk out a plan to keep things comfy. The best way to keep the space cool is to turn on the AC and turn off the oven an hour before the party is entitled to start. For the rooms not in use, you can keep a window open and leave a fan on, so people can take a break if things get too hot.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Spread Snacks Around the Room

It is a clever idea to spread the food items or the snacks around the room rather than stocking them up in one place. It simply creates a lot of traffic jam in one place. For example, if you are owning a 2 BHK flat in New Town, Kolkata, it will be a wise decision to keep a few items on the coffee table, a few in the kitchen and a few on the dining table. The trick will keep the party moving and will prevent everyone from congregating in one area.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Ready to Eat Food

In small apartments, especially the 2BHK flats in New Town, Kolkata, the kitchen is right in the middle of things. Hence, make it a point to finish with the task of preparing food before guests arrive, to assure that there is free space to use.

Kitty parties in luxury apartments in Kolkata can be incredibly memorable if you follow these tips and tricks. Hence, make sure to throw parties at least once a month, thereby enjoying the essence of living in a luxury apartment in Kolkata and making the most of it.

While walls ‘do not have ears’, you can definitely add a dash of colour(s) to them to give your abode some life. Walls cover the major portion of your homes and colours play a pivotal role in the look of your home. The seamless blend of these elements gravitates you towards your dream home. Your emotions and your true self gets expressed through colours, and therefore, it is only fine to be demanding and particular in choosing the colour of your interior wall. More so, if you own luxury apartments in Kolkata.

However, it is not easy to choose a colour for your wall. Colours can either make your abode look spacious or break the space. Hence, while choosing colours, come up with combinations that will make your luxurious abode look like a masterpiece. Hence, here is a set of 8 killer wall colour combinations that you should try in 2019 for your home if you are staying in a luxury complex in Kolkata. Combined with these ideas for an exotic dining decor, these colour combination can make your home look way more gorgeous than you can imagine.

Wall Colour Combinations to Light-Up your Abode

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Go Pastel

Baby pink, soft mauve, and baby blue lack strong shade, which is why they are called pastel colours. Such colours blend well with each other and using them on the walls of your home will give a fresh look and feel to your abode. They will infuse your room interiors with a soft and soothing effect, thereby giving luxury houses in Kolkata a positive vibe seminararbeit schreiben lassen. Such shades are apt for children’s room for that fun vibe.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Powerful Purple and Gunmetal Grey

If you want to add a dash of boldness and sophistication to your home interior, a mix of purple with gunmetal grey is just what you need. A strong shade of purple combined with the neutral grey hue will give the walls of your living room a distinguished personality, speaks volume about your exquisite taste. This colour combination is becoming a new trend among people who are searching for flats for sale in Rajarhat.

Note: Images are for indicative purposes only. Actual product may differ from illustrations.

Delicate Pink and Turquoise

Soft pink combined with turquoise gives rise to a bold colour combination for your home interiors. The combination is perfect for luxurious houses in Kolkata since such walls will add a bright and lustrous look to your home. Furthermore, this versatile and exuberant colour combination will complement a plethora of designs, home decor, and furnishings in your home.

Rejuvenating Aquarium Blue and Grape

Give your premium flats in Kolkata a more premium look with playful and energetic vibe by combining the vibrant shades- aquarium blue and grape. The colours will surround any room with enthusiastic vibes, thereby adding life to the lifeless white walls. The combination has the potential to illuminate a lightless space in your home, thereby making it appealing for the guests/visitors. Aqua and grape are one of the best bachelorarbeit schreiben lassen colour combinations for any room in your abode.

Dynamic Blue and Yellow

What will happen if you combine the colours blue and yellow on the walls of your home in a luxury residential complex in Kolkata? Probably something electrifying! Blue and yellow will give rise to a magnetic impression, thereby adding life to a dull space. When dramatic blue walls are balanced owing to the contrast from yellow, a relaxing sensation takes over your home. This dynamic combination is perfect for a study room as yellow increases the concentration level.

Subtle Orange with White

Orange signifies laughter and joy. White is the symbol of peace. When these two colours combine on one of the walls of your abode, it creates the perfect environment for a happy family. The innocence of white and the optimism of orange is the perfect combination for the walls of your bedroom. This is one of the most fascinating colour combinations for interior wall paint.

Classy Navy Blue & White

A kitchen needs to look spacious and should have the power to increase your appetite. With blue taking the main stage along with a touch of white, this blend is the most minimalistic interior wall paint colour combination. It is the perfect combination that will make the interior look edgy, clean and elegant, something that your kitchen needs to complete that look.

Smooth Cream & Aqua

Bring in some aqua blue and cream combination on the walls of your home interiors to spread a cool and breezy spirit in your home. The combination will give rise to a beach-like vibe with aqua reflecting the sea and the dull cream representing the sand. It is perfect for the flats in luxury complexes in Kolkata and will create a relaxed and peaceful ambiance ghostwriter. So, this is a go-to interior wall colour combination, especially for the rooms reserved for the guests.

So, which colour combination is stealing your heart? If you ask us, we are drooling for all of them and don’t know which one to indulge in. However, if you have plans of owing luxury house in Kolkata, give these colour combinations a shot for a space to call ‘Home Sweet Home’.

Imagine living your days engulfed in style, comfort, and luxury amidst a marvelous ambience blending a classy set of facilities. Sounds quite dreamy, right? While most of you will judge us and think we are harping on a far-fetched idea, we have a pleasant surprise for you. Open your doors to purchasing your dream apartment with One Rajarhat- a residential project redefining luxury by the expert touch of Anik Industries Limited. A gem set in the smart city Rajarhat, One Rajarhat with luxury service apartments in Kolkata is perfect if you want the right dose of savoir vivre and serviceability blending seamlessly under one roof.

With these words, a sense of excitement is (probably) running down your spine and curiosity has got triggered in your brain. If you are keen to acquire information catering to One Rajarhat where a new style of life is waiting for you, allow us to introduce you to the residential project with ultra luxury apartments where you can gift yourself “The One” lifestyle that you’ve been waiting to live.

One Rajarhat- A Stellar Project with Ultra Luxury Apartments

Take your steps towards leading an elevated lifestyle that embodies nothing less than sheer extravagance with One Rajarhat. With ultra-luxury serviced apartments and up-to-date facilities, getting the chance to hobnob in this royally designed project will redefine your living standards.

To begin with, this grand project, One Rajarhat will provide you with 1, 2, 3 and 4 BHK ultra luxury apartments in Newtown, Kolkata churning out an unparalleled connectivity or transport route. Being encompassed by best in class contemporary facilities, as a resident, get the benefit to travel to any part of the city without any hindrance. Let us be precise in this case. Adding more points to the reasons why purchasing a premium segment apartment in Kolkata is a wise decision, One Rajarhat embraces connectivity via road and the upcoming metro located just across the road, thereby adding an edge to the game of traveling on a daily basis. What’s more? Apart from developing easy connectivity by Noapara and Dum Dum metro stations, the project is also close to the Kolkata Airport. Hence, it is an advantage *alert* for the frequent flyers.

Hold On! We have More in the Store.

These luxury flats in Kolkata is surrounded by commercial facilities as well. The project maintains proximity with notable hospitals, popular educational institutions, business zones, and well-known entertainment centers. Hence, we can deduce that One Rajarhat will make it a point to provide the residents with well-balanced days both inside and outside the project premise.

Apartments with a Touch of Splendour

Do you know what defines an ultra luxury apartment? A fine blend of architectural finesse and modern facilities along with an interior design with a burst of suaveness. With One Rajarhat, see these descriptions coming alive. Apart from providing luxury flats, the project will also provide serviced apartments in Kolkata near airport.

One Rajarhat is planned to provide luxurious apartments in Kolkata near airport. Going beyond the threshold, the project is attaining the peak of lavishness and style in their ultra luxury flats, thereby churning out the true flavour of residing in luxury residential projects.

Furthermore, the presence of serviced apartments near Kolkata airport has taken the value of this project a notch up. It is especially great for business-minded investors who are always on the run and indulge in frequent traveling. Hence, the closeness of such apartments to the airport is a great way to make one feel at home with the presence of comfort and convenience at every corner. What’s more? You’ll get all these features starting from 70 lakhs onwards, thereby not burning your pocket!

Opulence Set of Amenities & Facilities

Feel nothing less than living a royal lifestyle with these ultra-luxury apartments in Kolkata. With crème de la crème set of facilities and amenities, treat yourself with a living worth the investment. With features divided into clubhouse facilities and residential amenities, at One Rajarhat you will get all the advantages of investing your money to a 3 BHK living place in Kolkata. Along with that you will get features like:

Club House Facilities

• Jogging & walking track- the path to fitness
• Yoga/meditation area – for a calm mind
• Banquet hall cum badminton court – some deserved a good time
• Infinity swimming pool- knockout stress in the ripples of water
• Massage/spa room- self pampering is mandatory
• TT, Pool and Snooker Table Room – for a memorable time with friends
• Library – to increase the dose of knowledge
• Table Tennis – since quick matches are fun
• Convenience Store – can’t overlook daily grocery needs
• Toddlers Play Area – where little ones can enjoy
• Kids Multi-Game Court – to promote outdoor games
• Imperial Sky Lounge- quality time beneath the stars

Complex Amenities

• Grand Air Conditioned ground floor lobbies
• Fire fighting arrangement and extinguishers
• Facility Management System
• Smart Card Access System
• Landscaped gardens, etc.

With such innovative features within your reach, get a lifestyle with that much-needed perfection. With ultra luxury apartments in Newtown, Kolkata, One Rajarhat in this smart city is all about days being ruled by good memories and laughter that cannot be duplicated anywhere else.

Very few regions have the power to arrest the beating heart and wonderment of the city of joy Kolkata as such places embrace a seamless blend of nature along with modern facilities for a lifestyle of your dreams. Rajarhat as a location has mastered the skill. It is a region that nestles Mother Nature along with commercial facilities that is required for a well-rounded lifestyle. With smooth stretches of road accompanied by surroundings decorated with fountains and lightings, Newtown, Rajarhat has become an impressive place for buying luxury apartments in Kolkata. Hence, the birth of One Rajarhat – a residential project redefining the concept of a well-rounded lifestyle with a blend of luxury, comfort and style.

What bestows One Rajarhat with the tagline – The New Heartbeat of Kolkata? Away from the maddening cacophony of the urban region, One Rajarhat is waiting to welcome you amidst a milieu defined by the freshness of nature, opulence, and convenience. Immerse yourself in Kolkata’s rich culture and history along with the blend of modernity at One Rajarhat- a destination unfurling the true essence of the City of Joy.

One Rajarhat – a Destination with Palatial Apartments Adorned by Nature’s Tune

Let your heart beat in the newfound tune of nature at One Rajarhat for that number #1 lifestyle that you’ve been waiting to experience. Find yourself in a picturesque cityscape with luxurious flats for sale in Newtown, Rajarhat having the best connectivity and functionality options.

To start with, One Rajarhat, a residential project with luxurious apartments in Kolkata is being constructed under the aegis of the renowned Anik Industries Limited. Set in an ever-changing place that always feels innovative, namely Newtown, the project embraces exceptional connectivity via different modes of transportation for an easy traveling affair. In fact, one can travel to any part of the city from this region without any hindrance on a daily basis. What’s more? These premium service apartments are close to the airport, thereby providing an extra perk to all you frequent flyers.

To take things a notch higher and simpler, One Rajarhat is surrounded by commercial facilities to gift you with a well-rounded luxury lifestyle, not just within the project premise but outside as well. The region consists of notable educational centers, popular entertainment spots, landmark restaurants, quaint cafes and many more. Hence, from the very description, you can probably fathom how life will be at One Rajarhat, that too away from the stressful noise and pollution.

What’s more in the One Rajarhat Store?

Having a home at One Rajarhat is unique in itself. It is almost like owning a fashion house reflecting the best edit of Kolkata. Furthermore, with the presence of serviced apartments, one can feel at home with ease. The 1, 2, 3 and 4 BHK luxury apartments in Kolkata under One Rajarhat are defined by contemporary facilities infused with sophistication to create never-before-seen experiences for the future residents. With some interior decorator ideas from experts and meticulously crafted interior with high-specification materials of unparalleled quality, you will feel an elevated lifestyle in this landmark address.

That’s not where it all ends!

One Rajarhat comes with its service apartments. Located in the hotel hub of the city, the modernity of these apartments are balanced by the natural surrounding for an upscale lifestyle. Residents and guests will be welcomed into a space filled with grandeur and comfort. Not just that, these spaces are great for business-minded investors who can convert it into offices, guest houses, wellness center or studios.

Wrapping it Up with an Amazing Collection of Amenities & Facilities

The new heartbeat of Kolkata is a natural home for contemporary luxury. With an excellent set of facilities and amenities, hobnob with royalty with these premium flats for sale in Newtown, Rajarhat. Gift yourself with days filled with happiness, smiles, good health and happy memories with facilities and amenities like:

Club House Facilities

• Jogging & walking track
• Yoga/meditation area
• Banquet hall cum badminton court
• Infinity swimming pool
• Massage/spa room
• TT, Pool and Snooker Table Room
• Library
• Table Tennis
• Convenience Store
• Toddlers Play Area
• Kids Multi-Game Court

Complex Amenities

• Grand Air Conditioned ground floor lobbies
• Fire fighting arrangement and extinguishers
• Facility Management System
• Smart Card Access System
• Landscaped gardens, etc.
• Imperial Sky Lounge

So, does One Rajarhat qualify as the New Heartbeat Kolkata? Absolutely!

With a string of best in class facilities under one roof along with changing the skyline of the city without hurting the city soul, One Rajarhat is the ultimate destination for an abode where you can cocoon away in comfort. We bet, with these premium apartments in Kolkata, your lifestyle will never look, feel or be the same.

Do you wish to live your days cocooned in pure luxury amidst a stunning milieu and classy set of facilities? It is about time to start it with the One Rajarhat by Anik Industries. A masterpiece positioned in the smart city of New Town, Rajarhat, One Rajarhat with luxury apartments in Kolkata is perfect for those who seek a perfect blend of sophistication and functionality under one roof.

However, as a rational individual, you’ll probably want to know more about the residential project with premium apartments in Kolkata before stepping into it. Hence, in this write-up, let us tell you how the 2 and3 BHK flats in One Rajarhat can give you the number #1 lifestyle that you are aspiring for.

One Rajarhat- the Crème De La Crème in the Smart City

Trust us when we say that these luxury apartments embody the sheer lavish image of the city in form of a residential project. One Rajarhat will bring a seamless blend of ultra-luxury features, thereby enabling you to hobnob with royalty.

To start with, One Rajarhat with 1, 2, 3 and 4 BHK luxurious apartments in Kolkata nestles the efficiency of connectivity and transportation. This project surrounded by the lush foliage of contemporary facilities will allow an individual to travel any part of the city with ease. Embracing a smooth connectivity via road and the upcoming metro located just across the road, One Rajarhat will make your daily travelling story an easy affair. To make things simpler, these luxury apartments in Kolkata has carved out the path to develop an easy connectivity by Noapara and Dum Dum metro stations. As a bonus, it is also close to Netaji Subhash Chandra Bose International Airport which is beneficial for frequent flyers.

However, that’s not where the story ends!

With 2BHK flats in New Town, Kolkata, One Rajarhat is surrounded by commercial facilities as well. With presence of renowned hospitals, distinguished educational institutions, business zones and popular entertainment centers, One Rajarhat will make sure to provide individuals with a well-rounded lifestyle not just within the project premise but outside as well.

Apartments Infused with Grandeur

Something that will catch your eyes apart from the project connectivity is apartments which mirror suaveness. One Rajarhat will not only provide you withluxurious flats in Kolkata but service apartments as well, which is a rare feature in other projects.

One Rajarhat is designed to come with 1, 2 and 3 BHK service apartment along with 3 and 4 BHK luxurious residences in New Town. Crossing the benchmark in terms of quality of homes, this upcoming premium residential project has touched the apex of extravagance and style in their apartments, which is a strong point among the reasons which makes purchasing premium segment apartment a wise decision. This upscale residential complex will provide the residents with an elite living experience owing to the classy apartments infused with an edgy architectural layout.

Moreover, the presence of service apartments is beneficial for NRIs or business minded investors. Being close to the airport, one can feel at home and taste the essence of comfort and convenience. Guess what? You’ll get all these starting from 70 lakhs onwards, thereby not breaking your bank!

Refined Set of Amenities & Facilities

Feel at the top of the world with these luxury homes in Kolkata which has a plethora of facilities and amenities, allowing you to taste the flavour of healthy along with luxury living. These features are divided into clubhouse facilities and complex amenities for a sty like never before. With One Rajarhat, get your hands on these features.

Club House Facilities

• Jogging & walking track- the dose of fitness
• Yoga/meditation area- to calm your mind
• Banquet hall cum badminton court- to treat yourself with a good time
• Infinity swimming pool- de-stress yourself in the curls of water
• Massage/spa room- for some self-pampering session
• TT, Pool and Snooker Table Room- for a casual games among friends
• Library- for some good reading sessions
• Table Tennis- for that quick match
• Convenience Store- for your daily grocery needs
• Toddlers Play Area- a space for your little ones to enjoy
• Kids Multi-Game Court- to encourage games and activity
• Imperial Sky Lounge- a place for quality time beneath the star

Complex Amenities

• Grand Air Conditioned ground floor lobbies
• State-of-the-art fire fighting arrangement and extinguishers
• Facility Management System
• Smart Card Access System
• Landscaped gardens, etc.

With such revolutionary features in your hand, you can be assured of nothing less than perfection. With luxury apartments in Kolkata, One Rajarhat in the smart city will provide you with a lifestyle blending best-in-class features for a living that cannot be replicated.

Today, taxpayers and property owners are quite upbeat with the updates introduced by the Interim Budget 2019. In the budget speech on February 3, 2019, Mr. Piyush Goyal proposed to exempt levy of income tax on notional rent in case of a second self-occupied property. In addition to this, there’s also a proposal of increasing the threshold of rent payment without TDS. According to the government, such a plan is essentially designed to provide relief to the small tax payers, who need to take pains while paying taxes.

Here’s a look at the three major highlights that are expected to bring benefits to the property owners.

1. Notional Rent Exemption on Second Self-Occupied Property

So far, the taxpayers occupying more than one house have to pay tax on notional rent. Needless to say, the tax on the notional rent is quite high and it imposes undue monetary pressure on the taxpayers. You might have a second house in your native place where you don’t live but your parents live. Quite obviously, you never got the rent for that instead you continued paying the notional rent on the second property. However, with the new update, tax payers are now entitled to claim two owned houses as self-occupied, without having to pay any tax on such notional rent, provided the same is/are not let-out.

2. Exemption On Long-Term Capital Gains

Following the new update, you can now claim the tax benefits with respect to long-term capital gains on the sale of residential house. However, a tax rebate is only possible if the indexed long-term capital gains are further invested for buying or constructing another residential house, within a stipulated period of time. The interim budget 2019 also proposes to expand this benefit to constructing or buying two residential properties. According to this, a taxpayer can claim an exemption under Section 54, provided the amount of capital gains does not exceed Rs. 2 crores.

3. Increase in TDS Limit for Rental Income

The interim budget has also declared an increased limit for rent on which the occupant will deduct tax, before paying the rent to the landlord. However, the present limit of Rs 1.80 lakhs is increased to 2.40 lakhs, beyond which the lessee is entitled to deduct the tax.

The recent interim budget update has put the homeowners on an upbeat mode. However, the real life picture is yet to be envisaged in the following years. If you are now looking to buy any luxury flat near Airport or in any other areas of Kolkata, make sure that you get the benefits of all these updates. The direct advantage for end users today is that they can easily sell their existing homes and look to upgrade to their desired luxury property.

When it comes to buying a home in a preferred location, home buyers often find it difficult. Several considerations come into play at this time. The problem turns worse even when properties are available in the affordable price range, but the buyers fail to finalize on the location. Moreover, location of a property, being one of the most important aspects, it’s important to consider it from various perspectives at the same time.

However, if you are planning to buy a 2 BHK premium apartment in Rajarhat Newtown,you can now avail that based on the subvention scheme.

So what’s subvention? Precisely, this is a usual mortgage finance structured to provide payment flexibility, so as to alleviate burden on the buyers. The term has been derived from the Latin term ‘subventus’ or “to help”.

What is Pre-EMI? How it is Related with Subvention Scheme?

Before we move into what an interest rate subvention scheme is all about, let’s probe into the concept of Pre-EMI and how it is considered to be a burden on the buyers.

To purchase an under construction property in India, one has to make regular payments on the basis of the construction progress. This payment plan is known as construction linked plan. Following the purchase agreement, the buyer has to make several frequent payments to the developers from his savings or the home loan account that he/she has. In case of the latter, the home buyer has to pay the EMI incurred per month from the loan. Quite obviously, he is paying money for the home he is not even using. This payment is called the Pre-EMI (Equated Monthly Installment).

Needless to say, such kind of pre-EMIs is no less than an unjustified burden on the taxpayers. Since the property is in a construction stage, the buyer can’t even let it out and earn rent. Purchasing a property is one of the biggest decisions in one’s life. But, before becoming the owner they have to pay rent for the house they are staying as well as the EMI accrued from the home loan.

Subvention Scheme at One Rajarhat

To help the home buyers, One Rajarhat has recently announced subvention on their luxury apartment at Rajarhat. According to this, home buyers are required to pay only 20% of the entire property price at the time of booking and avail the rest of the amount from bank as home loan. Right from that time till the project completion, the EMI of the bank will be paid by the developers and the homeowners will start paying the EMI, post possession.

With that said, it’s undeniable that a subvention scheme is basically a win-win for buyers, real estate developer and banks alike. For a buyer, an interest discount is certainly a help, especially when he is going to make such a huge investment. On the other hand, banks as well as the developers are going to get more business in tough markets due to the subsidized interests.