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Showing posts with the label 2 BHK Flats in Matunga

How Purchasing 2 BHK Flats in Matunga Will Solve Your Commute Issues

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Matunga has emerged as one of the top favourite among the individuals who work in corporate world. There are many reasons that encourage them to invest in 2 BHK flats in Matunga but the biggest advantage of living here is the availability of public transport which solves commute issues.  When you are planning to invest in residential projects in Mumbai then you must consider Matunga because of the commute advantages offered at this location. Local train connectivity Matunga is one of the prime local train stations on central line. One can easily travel to Chhatrapati Shivaji Maharaj Station in South Bombay or Thane. Apart from this, Dadar, from where you can change trains for Andheri and Church Gate, is only one stop away. Monorail Monorail in Lower Parel has increased the demand for 2 BHK flats in Matunga. Lower Parel is only 5 km away from here and is the next station after Matunga. Those travelling towards Chembur will find it easy to alight at Parel station an...

4 Facts About GST That Will Help You Make a Better Decision When Buying 2 BHK Flats in Matunga

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Individuals living in Mumbai need to take a lot of factors into consideration while investing in new residential projects. If you have started your apartment search recently then you must have come across GST in every proposed billing. The introduction of GST has eased down the process to buy residential projects in Mumbai . But, since a lot is not known about this new term, buyers often end up confused.  If you are planning to buy 2 BHK flats in Matunga and GST terms and conditions are becoming a hurdle then here are a few facts that you should consider – GST rates and abatement of land GST rates 12% and land abatement rates 50% out of which 25% is the rate of lands and remaining 25% is the rate of goods. Hence, the average cost calculated comes out to be 14%. Thus, the rate of 2 BHK flats in Matunga will expect to cost higher after GST. Impact of GST on Under-construction property A buyer has to pay both VAT and service tax of 4.5% for an under construction p...