A big-ticket reform that will transform the entire gamut of Indian business scenario is finally taking shape. Goods and Service Tax bill or GST bill as it is popularly known as, after getting elder house’s absolute nod will soon see the day with the passage of the bill from Loksabha. Though it needs to be vetted by at least 15 state legislatures but owing to the consensus between almost all political parties of the country, it’s passage seems to be a matter of time.

The question now arises as to how implementing GST will benefit Real Estate Sector. A short synopsis given below will help understand the benefits to the Real Estate Sector from the implication of GST.

The Goods and Services Tax is expected to be implemented from April 1, 2017.The Goods and Services Tax (GST), is a comprehensive indirect tax on the sale, manufacture and consumption of different kinds of goods and services throughout India, with all other central and state taxes intended to be subsumed under it. This tax will have far-reaching implications, including on real estate.

Existing taxation norms

The real estate industry in India has witnessed major tax changes, in the last few years. However, these taxes are not uniform all over the country – different practices and regulations are followed in different states. It was the 46th amendment to the constitution that brought massive changes towards taxation in the real estate sector. Subsequently, special powers were given to the state governments, for implementing Value-Added Tax (VAT) on some specific kinds of transactions.

For land, property and other kinds of work contracts, the state government and the central government levy different kinds of taxes. The transactions are mainly categorized in three parts – value of services, value of goods and materials, and value of land. The state government on the goods portion applies VAT, while the value of services is taxed by the central government. However, other than stamp duty, there is no clear tax on the transactions regarding the value of land. This situation leads to confusion and can result in dual taxation. Compliance and implementation of such taxes are also difficult.

This has led to a situation, where for one real estate transaction, multiple taxes need to be paid. This has a negative effect on the industry.

The industry’s demand to bring GST on board is primarily to get a clear and transparent taxation rule for the real estate sector in India.

Impact of GST on Indian realty

The implementation of GST can prove to be a significant step in reforming indirect taxation in India. Chances of double taxation would be diminished, as some of the central and state government taxes will be amalgamated into one tax. This will ease the process of taxation considerably, making it easier to enforce and administer.In the current situation, a developer incurs various kinds of expenses during the construction phase of a project. Different kinds of taxes are involved with these expenses, such as VAT/CST, customs duties, service tax, excise duty, etc. A majority of these taxes are expenses that are included in the system. This is because they are not creditable to the developer or to the end-customer. These non-creditable expenses lead to tax inefficiency, which is not desirable.

One positive impact of the GST could be the doing away of restrictions on credit utilization. This will definitely help in strengthening the credit chain in the entire system. If builders can properly manage this aspect, they will see some profit.

The proposed GST structure should provide a progressive and streamlined approach. Presently, builders running projects in different states have to comply with state-specific VAT laws, as well as other kinds of service taxes. Bringing in GST will, therefore, not bring any additional compliance burden on real estate builders in the country.

Issues regarding GST, which affect real estate builders

Developers, on their part, have also been seeking certain clarifications, vis-à-vis GST. For example, the definition of a real estate developer varies from one state to another. The composition scheme varies according to state, in which the VAT rates range between 1% and 5%. In some states, there are differences between the terms ‘real estate contractors’ and ‘real estate developers’. These different meanings will have to be factored in while evaluating the GST implications.

There might be some confusion regarding GST implementations on residential property, as well. In the present scenario, there is no service tax applicable on renting immovable property, particularly for residential purposes. However, service tax and VAT is applicable on construction work. The question that arises is if the GST will offer differential tax for residential properties.

As of now, it does not look like completed residential projects will be affected by GST, as buyers into completed projects have already paid the statutory charges, such as stamp duty and registration charges on the transaction.

The segments to watch on the GST front are under-construction flats and rental flats, which are expected to come under its ambit. GST will apply to the materials that a developer procures for building a residential project. Hence it will have a direct impact on the overall cost of construction.

Moreover, a lot also depends on the final rate of GST. If it is more than the existing cumulative taxes, then, the overall cost of buying an under-construction flat will increase, along with the added cost of stamp duty and registration. Developers will also have to keep an eye on costing, as price competitiveness is very important in the current real estate market scenario.

Property in India is considered as the safest investment option after gold. The Property like gold and other valuables can be inherited or can be purchased. Property like gold is purchased with an intention that it will serve as a saviour during the lean phase of one’s life.

Income tax provisions for the sale of an inherited property and the accrued capital gains are different from a property that is obtained through other means, such as an outright purchase. There is considerable confusion over the taxes applicable on the sale of an inherited property. While many think that the money received on sale of an inherited house is fully tax exempt, others feel that it is fully taxable. In reality, there is no tax liability at the incidence of inheritance. However, any profits made on the sale of an inherited house, are taxable as capital gains.

Computation of capital gains

A capital gain may either be short term, or long term, depending on the period for which the asset was held. If the inherited house is held for more than 36 months, it is treated as a long-term asset. This period of 36 months includes not only the period for which you held the house, but also the period for which it was held by the previous owner/s who had paid for it.

For a holding period of less than 36 months, the actual cost of acquisition and any cost of improvement are deducted and the balance amount is treated as short-term gains and taxed at the slab rate applicable to you. If the combined holding period exceeds 36 months, you get the right to deduct the cost of acquisition and the cost of improvement as enhanced by the cost inflation index multiplier. The cost inflation multiplier is calculated, based on the cost inflation index of the year of purchase and the year of sale.

The cost of acquisition will be the amount paid by any of the previous owners, towards the purchase of the house. For example, consider a scenario, where you inherited a house from your father and he had inherited it from his father. If your grandfather had purchased the house for Rs 50,000, your cost of acquisition for capital gains purposes shall be Rs 50,000. Moreover, in case the house was inherited before 1st April 1981, you may substitute the fair market value of the property as on 1st April 1981 for the ‘cost of acquisition’ and apply the cost inflation index multiplier on that value.

In case the asset is inherited by you after 1st April 1981, you will have to consider Rs 50,000 as the cost of acquisition. As per strict reading of the income tax provisions, you can claim the benefit of indexation with reference to the year in which you inherited the property only and not earlier. However, high courts in Mumbai, Delhi and Gujarat have taken the view that for inherited property, in case the asset is acquired after 1st April 1981, the tax payer can claim indexation benefits from the year in which the previous owner who had paid for it had acquired it.

In any case, even if the asset was purchased before 1st April 1981, you can substitute the market value as on 1st April 1981 for the ‘cost of acquisition and get the indexation benefits from 1st April 1981, even if you may have inherited it later on.

Exemption from long-term capital gains

For a long-term asset, you have two options to save taxes. You can either invest the capital gains on the purchase of one house within two years or construct one house within three years. Alternatively and/or additionally, you can invest the capital gains of up to Rs 50 lakhs in bonds of NHAI or REC, within six months of its accrual.

It is a general practice among buyers of real estate to avoid site visits or the purchase of a resale home during monsoons. In contrast, buyers can take advantage of this season to evaluate the location and construction quality and fix a favorable deal.

In this season, the surrounding areas and the property put a very different picture in comparison to the remaining part of the year. Resultant, the would-be homebuyers get an opportunity to have a precious insight of the property they propose to buy. Here we shall detail some reasons that will support your idea to invest in the property during monsoons.

Infrastructure and amenities in the area

Real estate experts advise that home seekers should visit the construction site more than once, before making a final decision. Visiting a site in the monsoons when the traffic is at its worst, in most places, will provide insights on the waterlogging situation, as well as travel and access to the area. Monsoons are an apt time for buyers to go house hunting in a country like India and assess the condition of the building and the area around it. During monsoons, getting transportation from your home to the nearest railway station or bus depot is a nightmare in cities and this aspect cannot be overlooked during such site visits.

Construction quality

Monsoon is the best period to check the overall quality of construction of a house. Issues like seepage in the ceiling and near the washrooms are quite common during rains. Heavy rain will reveal the construction flaws, like seepages/leakages, quality of plumbing and drainage, waterlogging, traffic in the neighborhood, etc. It is thus, the best period to visit the site and should not be avoided.

While ascertaining construction quality may not always be possible in an under-construction property, the rainy season is the perfect time to check the quality of a resale house One of the factors to be considered, while finalizing a top-floor flat is the possibility of leakage issues. This is particularly important in a resale property. Go ahead with the deal, only when one is assured that the flat could withstand the elements of nature. The monsoon actually puts any building, even if it is from a reputed builder with a high quality of construction to the test.

Best time to negotiate

Issues like leakages during the monsoons can also be used by buyers to make the deal work in their favor. If a buyer likes a particular property that has an issue of water-logging in and around the building or a leakage problem, then, the prospective buyer has a chance to bargain further and get a fairly good deal and get it solved. This may not be possible in dry weather conditions.

Raining discounts

As the demand for properties tends to dip in the monsoon season, it is an ideal time for discounts. The monsoon is generally regarded as a lean period for the realty sector. However, it is a good time for home buyers, especially for those looking at resalable properties. This is the time when demand is less and sellers are willing to negotiate on lowering the price for the serious buyer. Moreover, with people preferring to invest in real estate during the festival season, which begins in September-October, builders offer attractive discounts around monsoon to boost their sales for that quarter.

Advantages of selecting a property in the monsoons:

• Buyers can gauge whether the property has problems pertaining to seepage, leakage from the terrace, drainage issues leading to stagnation of dirty water, etc.
• For a resale home, a final inspection in this season can reveal construction quality and how the house has been maintained.
• Low-lying areas are prone to flooding, leading to traffic jams and transportation woes. The extent of this problem can be best judged in the monsoon season.
• In cases, where flaws in the project become evident during the rainy season, buyers can bargain and also ask the developer to mend the same.
• As it is a lean period, vis-à-vis sales, sellers may be willing to negotiate on the price.

Non-resident Indians or NRI’s as they are popularly known as have contributed a lot to Indian Economy with their investments and remittances. To maintain their connections and bonding with their native place, they have generously invested their savings in Real-Estate sector.

Apart from investing in property for self, many of them have bought apartments and villas either for their parents or near relatives. NRI’s have also made use of Home financing options for obtaining a property in India. The government viewing the growing trend among NRI’s to invest in Real Estate sector have made some regulations. The main purpose of these regulations is to firstly save them from any cheating, to ensure that the money coming to the country for the purpose is through neat and clean channel and NRI’s can avail the facility of home financing without hassles.

Home financing options for NRI buyers

Besides regulations for the type of properties that NRIs can purchase in India, legal provisions also exist on the mode through which these purchases can be financed

When a non-resident Indian (NRI) opts to purchase a property in India, there are several regulations that govern how such a purchase can be financed.

Sources, for financing a real estate investment in India

The money for purchasing a property in India, has to come through banking channels only. Consequently, the payment cannot be tendered in the form of traveller’s cheque or foreign currency. An NRI can also use the money in his/her credit, in non-resident external (NRE) rupee or non-resident ordinary (NRO) or foreign currency non-resident (FCNR) account, maintained in India.

NRIs are allowed to purchase property in India, by availing home loans in Indian rupees, from banks or housing finance companies. The home loan can also be granted by the Indian employer of the NRI employee, for the purpose of financing of the property.

Obtaining a home loan

As NRI investment in Indian real estate is only allowed in residential or commercial properties, banks too, can finance only these properties. Almost all banks offer home loans to NRIs for buying a house or constructing one. One can also get a loan, for purchase of land (non-agricultural), for constructing a house in India.

The application for the home loan can be made online, as well as offline. The nature of documents that need to be submitted, will depend on whether the NRI is a salaried employee or whether s/he is self-employed. It will also vary, depending on the NRI’s country of residence. Nevertheless, copies of one’s passport and visa, passport-sized photographs and proof of residence in the foreign county, will be required in all cases.

Depending on whether the NRI is salaried or self-employed, s/he also has to fulfil a minimum period of stay in the country of present residence, to avail of the home loan. Banks may also insist on an acceptable co-applicant, or an NRI guarantor. The NRI guarantor too, has to submit documents pertaining to identity proof, address proof and income proof.

Servicing the home loan

EMIs on the home loan can be paid through remittances from outside India, through a proper banking channel, or by debiting the NRE, or NRO, or FCNR account. In case the property is let-out, the rental yields can be used for servicing the NRI home loan. Money transferred to the NRO account from close relatives, can also be used for servicing the home loans. In case the property is purchased for self-occupancy, the NRI can avail of a loan against the FCNR or NRE account deposits, of up to Rs 1 crore, for servicing the home loan.

Remittances out of India

An NRI is allowed to repatriate some of the funds, in case the property so acquired is sold.  However, the number of properties (whether purchased or inherited), for which s/he can remit or send money to India, is restricted to two. Moreover, the amount that can be repatriated cannot exceed the amount (denominated in foreign currency) received as remittances from outside India, either for purchase or servicing of the NRI home loan. Under normal circumstances, an NRI is allowed to remit an amount of USD 1 million in a year, out of India, from his NRE, NRO, or FCNR accounts, which includes the amount remitted for sale of a house.

A few days back, Central Government benefitted its employees by accepting the recommendations of 7^th. Pay commission. The government gave a generous rise of around 25 % of the current pay structure of its employees and retirees. The recommendations of the commission will come into force from 1^st. of January 2016 and accordingly, the arrears of proposed hike will be given from this date. The payment of arrears is expected to be disbursed before beginning of festive season i.e. by the months of September-October 2016. A sum of around Rs. 1.02 lakh crores will be disbursed among one crore employees and retirees of the central government.

The employees will get a substantial amount as arrear payments and with such fat disbursements, they would go for some suitable investment opportunity. There are many investment options such as Bullion, Share market, Bank Deposit and Real estate etc. are available with them and amongst these options, Real Estate is the first choice of investment for government employees, after the hike announced in the 7th Pay Commission.

Real Estate has emerged as the first choice for investment, among serving government employees, as well as those who have already retired, with close to half of the employees in 20 cities of India, preferring to invest in real estate, following the 7th Pay Commission’s salary hike. As many as 44% of government employees across the country, wish to invest the entire salary gains into the Real Estate market. These are the findings of an exhaustive survey on consumer behavior patterns of government employees.

The major findings of the survey are:

44% of the government employees would invest the benefits of the 7th Pay Commission into the real estate.

34% of the respondents would invest in financial schemes for retirement gains; 12% to save money for education and marriage of children; and 10% would opt to upgrade their lifestyle.

Contrary to the general perception that youngsters drive the property market, officials who are close to retirement, are more inclined to invest in property (as many as 78%).

Metro cities with expats to attract more government officials (68%) into the property market.

Peripheral locations and emerging markets are likely to attract more government officials (68%) in Real estate sector.

Lack of affordable housing and the possibility of inflation, are the major deterrents for investing in real estate.

 Preferred locations

The study found that the main city areas are likely to benefit less, as compared to the outskirts, owing to affordability, the urge for a relaxed lifestyle amidst open spaces and appreciation potential. With retirement in mind, as many as 74% of those who are investing in the property market, prefer emerging locations rather than established markets. Even those who have retired, prefer these locations, with a majority of them are already living in such regions.

The quest for Real Estate is more among the older generation, compared to young buyers. While one-fourths of the young generation (as many as 22%), wish to upgrade their lifestyle first and then diversify their portfolios, 78% of those above the age of 45 years wish to invest in the property market. A majority of the employees in the survey were closer to retirement and only a small set was below 30 years of age.

Investment options and concerns

While real estate emerged as the first choice of investment, 34% of the respondents said they would invest in financial schemes with fixed returns, post retirement. Education and marriage of children came next, with 12% saving the 7th Pay Commission’s benefits for it and the remaining 10% said they would like to upgrade their lifestyle. The survey noted that nearly all of the respondents wish to avoid speculation, even with their investment in the property market.

As many as 74% of those planning to invest in property, did not have a house of their own, while 22% said they would be investing in a second property for rental income. Only 4% said they would invest in a weekend home.

Less than one-third of the respondents (30%), felt that the 7th Pay Commission’s benefits would improve consumer sentiment. The biggest deterrent to investing in the property market was the absence of affordable housing options (55%), while 45% were apprehensive that inflation would eat up the benefits.

The survey demography was a carefully chosen mix of government employees across the hierarchy. The survey was carried out in Delhi, Noida, Gurugram, Ghaziabad, Mumbai, Pune, Nagpur, Nasik, Ahmedabad, Bangalore, Chennai, Hyderabad, Coimbatore, Kochi, Kolkata, Bhubaneswar, Jaipur, Bhopal, Lucknow and Patna.

Among the many customer- friendly features of Real Estate Bill (Act), one is the abolition of Super Built up area. Now buyer has to pay only for carpet area which as defined under the Act is:

Carpet Area is the net usable floor area of an apartment excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area, and exclusive open terrace area, but includes the are covered by the internal partition walls of the apartment.

Though implementation of this definition will result in an escalation of per square feet cost of the apartment but the buyer will have the satisfaction that he has paid for the actual area under his possession, not for the superfluous area which he intends to use rarely. In market parlance,

Super Built Area is the built up are plus proportionate area of common areas such as the lobby, lifts, shafts, stairs etc. Sometimes it may also include the common areas such as swimming pool, garden, club houses etc.

Generally, CARPET AREA is around (70 to 80)% of SUPER BUILT UP AREA. But note that this percentage varies from project to project and builder to builder. Payment is made on “SUPER BUILT UP AREA”.
Prior to this act, Super Built Area was calculated in the manner given below:
If CARPET AREA is 600 sq ft. What would be SUPER BUILT UP AREA?
Let’s assume the ratio is 75:25.
Means CARPET AREA is 75% of SUPER BUILT UP AREA.

SUPER BUILT UP AREA = 600 + 25% of 600 = 600 + 150 = 750 SQ FT

So the payment will be made for 750 sq ft, not 600 sq ft.

Thus the buyer had to make an additional payment of 150 sq ft
Any violation in this regard will entitle the buyer to file a complaint against the builder before Real estate regulatory Authority having its bench in every state of India .

Apart from clarification on Super Build up Area in Apartments, Real Estate Regulatory Act has come up with many measures which will strengthen the buyer’s faith in Realty sector in coming days.

Monsoon rains in India not only bring showers of relief from scorching summer heat to living beings but also serves as the lifeline to country’s economy too. In short rains bring cheers to all, whether the human being or nature everything gets a reprieve and whiff of freshness in induced in the environment by monsoon rains. Like every weather, rains too, affect lifestyle and adapting changes  to home to counter it becomes inevitable. We are imparting some tips that will help you get rid of the dampness and other problems which rainy season bring with it. Not only is it necessary to protect your house from heavy rains, remember the damp air too could cause havoc on your furniture and accessories. Structural changes on the exterior walls ensure protection. Inside, make a few simple readjustments to add to the comfort levels, and to brighten up the mood when the skies are grey and overcast. Here’s how…
Windows and doors: Repaint metal-framed windows with waterproof paint to prevent rusting. It’s common for wooden doors to swell up during the rainy season. This usually happens if the door is not fixed properly, or if the hinges are loose. Get your carpenter to remove the door, and fix it back properly in the frame. In case a section of the door has expanded, because of which it is not shutting properly, get your carpenter to use sandpaper to reduce the “extra”.

Exterior walls: Get the exterior walls repainted with weather-proof paint to avoid damage. You could also try a water-sealant, a special liquid that’s applied to paint and acts as a protective layer on concrete walls. For maximum protection, have the walls painted after the sealant is on.

Interior walls and ceiling: Before getting your interior walls repainted, get your mason to treat them with water-resistant products, such as wall care putty – it fills up pores or small gaps in the walls and ceiling through which water could seep in. This prevents chipping of the paint, even if the walls are damp; and provides a smooth surface for the paint job. If there is a crack in the walls or ceiling, get it filled up with white cement or plaster of Paris immediately to avoid seepages.

: Make sure all drains are clear before the monsoons arrive – get your plumber to check for clogging or leakage. Don’t forget the ones in your balcony and terrace. Replace rusted or broken drainpipes immediately. Keep tarpaulin sheets handy – these can be used to cover balconies during heavy rains.

Safe wiring: Get your electrician to do a thorough check of the wiring and electrical connections in your house. Replace damaged wires immediately. Also, get him to ensure that there is no power overload at any electrical point. You may be using multi-plug bars for running two-three power-consuming gadgets simultaneously, which may lead to short circuits. These are dangerous in the rainy season, especially if there’s dampness in your walls.
Carpets: Roll up your expensive carpets; place them in thick plastic sheets, and store them away – the damp weather is not good for them. Instead, you could consider options such as bamboo mats or moisture resistant acrylic carpets for the floors. Also, get foot rugs at your doorstep to ensure mud or slush is not carried into the house.
Drapery: Take off your heavy summer drapes; get translucent or lacy curtains. Since sunlight is minimal during the rains, devise ways to get in as much as you can.
Furniture: Moisture can damage wooden furniture. If you have the option, store away your expensive pieces during the monsoon months. Make sure you keep your leather sofas clean. Soiled surfaces, coupled with the dampness in the air, can lead to mould growth, ruining your leather furniture and accessories.

Decor: Ideally, you should not keep plants indoors during the rains. The transpiration process (when your plant “sweats” to cool itself ) increases the dampness in the air inside the house. Instead, you could bring in artificial ferns or palms if you so wish.
Add some colour to your home decor to uplift the mood. Warm tones such as oranges, yellows, and reds are good options, use them in wall art, cushions or table lampshades. Avoid darker colours such as grays and bottle greens, and minimize the use of whites, beiges or pastels since these are difficult to clean. And remember, your cushion covers and throws also takes time to dry when the skies are overcast, so get more.

Long summer days and soaring temperatures have restricted outdoor activities and compelled people to stay indoors for longer period than before. The indoor temperature with the help of Air-Conditioners and other methods can be kept cooler in comparison to outer temperature but with few décor ideas one can maximize the capability of these equipments and attain more cooling. These ideas will also save upon electricity costs incurred to keep home cool.

With the temperature hitting an upward spiral, it is time for you to get your home summer-ready with simple tweaks in decor. From opting for subtle hues, packing away the rugs and rearranging furniture, the house can get a wonderful makeover with a few tips.

Colours of life: Didn’t they say, first impression lasts long. Spruce up your front door. Add a dash of color to your life; paint the door in bright Colours if you want to make a bold statement. Even if you are living in an apartment, you can put some terra-cotta figurines and potted plants on the front, thereby creating a warm atmosphere for the visitor.

Recycle fabrics and textiles. Lighten up any room by trading heavy fabrics for light and airy ones. As the temperature soars high, take down your old drapes in dark colours and replace them with an open flowing weave such as chiffon or light cotton. Add more life to your decor by adding crisp white, bright solid or even floral patterns.

Clean up your kitchen: Spruce up cabinets with a fresh coat of paint. Put some flowers in the kitchen to give a feeling of freshness. Give your imagination a push and you can indulge in some bottle art. If you are wondering what are we talking about? Then just take out some old used bottles and then paint then in different hues. Or you can even put shells, pebbles in a bottle.

Do away with heavy floorings: There’s nothing as nice as walking barefoot on cold marble or stone during the summer. Remove those heavy rugs and carpets from your living room and give both your home and your feet a chance to breathe.
De clutter: You want a feel of free flowing space. Then de cluttering is the answer. Store away things which you don’t need. Or even have your share of charity by donating things to the needy. Life’s always beautiful when you share. Larger, clutter-free spaces create the impression of a bigger house.

Another spectacular article to add to your home this summer is a patio swing if you have a big lawn or balcony. Else, even a hammock would be an ideal way to spend leisure time. Incorporate pleasant lighting to the area and place an incense diffuser.

These tips along with addition of greenery to the inner environs of house will not only cool and freshen up the atmosphere but will also bring you closer to the nature.

A home whether modern or traditional has a living room which is the most happening place. Whether welcoming a guest or having a informal family get-together living room has a very important role to play. In other words it is a place for socializing with other people and spending quality time with family.

Being a prime location in house, living room has to be Vastu-compatible to keep it in sync with the positivity of the rest of home. Hereunder, some vastu tips that will help in maintaining the positivity of living room and help not only have a positive impression in the mind of visitor but spread a feeling of positivity among the residents of home.

-  Keep your living room in East or north direction. However in a south-facing house it can be located in South-East corner.

- If you are not a late night party lover or  want to avoid get-togethers then living room in North-west direction is a good option as the presiding element of this direction “air” will make the guest restless and make them leave the place after some times.

- On the contrary, if one loves to spend more time with guest then the living room should be located in South west direction.

- Keep the slope of the living room’s floor towards North or East. This also applies to the ceiling of the room.

- The door of the living room facing East or North brings wealth, health and overall progress for the residents. South, North-East or South-East facing entrance does bring success but it is hard earned. South Entrance is inauspicious.

- Always keep internal furniture, articles and heavy things in West or South side. If there is no such option then use a base of 1-3 inches height to keep furniture in North or North-East.

-Put the TV in South-East corner, otherwise it will break down often. The family will waste a lot of precious time watching TV only if it is kept in North-West corner. Keep telephone in East, South-East or North, and not in South-West or North-West.

- You can hang portraits of Gods or some beautiful painting in the North-East wall or corner. Do not hang any portrait depicting negative energy eg war, crime, weeping, etc.

- Keep the North-East corner of living area clean and empty if possible. Keep some healthy plants in this corner. Never keep artificial flowers, dri
ed flowers, and cactus or bonsai plants.

These and many other Vastu tips help maintain positivity in your living area and also spread stream of positivity to other parts of house too.

Anukampa is a real estate giant since 35 years in Rajasthan and has continued to flourish through its pioneering episodes of real estate and residential town planning.  Anukampa has a list of projects under its crown, but a project that is of top notch and extraordinary is Anukampa Platina Terraces.

Anukampa- Platina Terraces is a dream destination, nestled in the heart of the city is laced with finest range of amenities. Sports and outdoor recreational activity has been specially given importance and hence it is added with basketball and badminton courts. The property includes well equipped gym, steam sauna, Jacuzzi, massage parlour, swimming pool, temple, jogging track and meditation corner. The property is children friendly; it has a play area dedicated for the little ones. The intercom connects through all flats and with security room. The property has 24hr maintenance staff that ensures immediate help in times of crisis.

The USP of Platina Terraces, lies in the terraces, personal large terraces that let you enjoy your privacy and time with family and friends. The cool evenings will make your evenings serene. Now you can enjoy your family leisure time at your very own personal terrace with your loved ones around!

Affordability does not always mean reducing luxurious amenities!