Reinvest to save Capital Gains – Residential Property

There are various websites that offer information on how to save tax on capital gains arising from selling a residential property. It is best to contact a Chartered Accountant to understand the various factors when dealing with capital gains.

Chartered Accountants will provide all possible information on how to save tax, however their role ends there. As Property Consultants it is our area of expertise to advise on various investment options available in the market.

Investing in purely residential property is not the ideal way to go as one can expect a maximum of 2-3% yearly return in today’s market. We advise to re-invest in properties which can be commercially used with a residential sanction which will offer not only tax benefit but also higher return on investment (6-7% minimum). Property appreciation will also add to the return on investment. Buying these kind of properties will also be cheaper than buying purely commercial properties.

There are various professionals like CA’s, Lawyers, Doctors, Architects etc. who can officially operate their offices from residential sanctioned premises.

Here are some property options at Pune City.

If you wish to know more email us at info@absoluteliving.in