Why Waterproofing is Important for your House?

Some of the crucial reasons that make waterproofing of home a must include

Protects your home from damage: Your house is exposed to sun, rain, dust and more weather elements. Just as a good quality paint protects the home walls against the harsh sun rays, it is sound waterproofing that will take care of it during the rainy season. It will avert the risk that seepage poses. The best quality construction material can also fail during heavy monsoon. So, it is ideal to get waterproofing done and protect the interiors and exteriors of the home.

Protects your health: When water and moisture seep into your home walls and ceilings, it leads to the growth of mould and mildew. This mould and mildew can lead to various health concerns. The growth of such mould is worse for people prone to allergies and breathing issues. It is best that you get professional waterproofing done and keep checking the walls regularly to avoid such health problems.

Saves time, effort and money: Getting the house waterproofing done is a one-time expense. It can save your time, money and effort. If you avoid it during the construction phase and if seepage occurs, then it would double your effort. You will have to get the waterproofing and house repainting done. Moreover, this simple task done at the right time can maintain the newness of your property and reap you better returns.

If you are getting your home constructed, then get waterproofing done during the construction phase. Likewise, when planning to buy a house, look for waterproof homes. One project in which you can safely invest in the Vrindavan township in Nagpur. The Vrindavan society spread over 111 acres is a huge and lavish project, and waterproofing is done here in every home. So, if you are planning to invest in projects in Nagpur, then visit Vrindavan and feel the difference. Made by the notable Radha Madhav developers, they also live in the township. It stands tall as a testimony of the project and its quality. You can know more about these Nagpur flats and invest in this robust project.

Impact of GST on Nagpur Properties for Sale

The Goods & Services Tax (GST) ushered an era of unified taxation system across the country. Implemented two years ago in July 2017, GST was looked upon as a game-changer for the Indian economy. It is one of the most radical taxation reforms and a welcome move across sectors as it led to the end of the cascading effect of taxation. It helped people understand tax by simplifying it and facilitating greater tax compliance. GST has a significant impact on the real estate sector, mainly the new projects. Know more about the impact of GST on the property sector at large and in Nagpur in particular.

One Tax for All
GST hails an era of uniform and transparent taxation system in the real estate sector. You can easily identify and understand the taxation component.

Under the earlier taxation system, a buyer and investor had to pay multiple taxes depending on the stage of property construction. If you were to buy an under-construction property, you would end up paying VAT, service tax, stamp duty and registration charges. On the other hand, properties after completion were exempt from VAT and service tax. Moreover, the tax levied varied from state to state.

With the implementation of GST, there is only one tax, which you need to pay, and it will highlight as GST in your property documents. All under-construction properties get charged at 12% of the property value. Other than this, only the stamp duty and registration charges get levied. After the recent amendment in the GST Act, the rate has further reduced to 5%. However, this change will depend on the developer. If the developer goes ahead with the 5% GST slab, then you and the developer will not benefit from the input tax credit.

Reduced Construction Cost
With one tax, input tax credit benefit and uniform tax on logistics, the construction cost has come down and is a win-win the situation for developers and home buyers.
 
As the multiple taxation era ended with the implementation of GST, there has been a decline in the cost of house construction. The property prices have come down in every Indian city, and the trend is visible in Nagpur homes too. Further, what is making buying homes lucrative for investors and buyers is the input tax credit under the GST regime.  

Input tax credit essentially means that the developer can deduct the tax paid on the purchase of the inputs at the time of paying the final tax. For instance, the tax paid in the process of buying different materials can get adjusted from the output tax. This is another significant benefit of GST for the home developer and buyer. In the pre-GST era, the taxes paid on inputs were not waived off from the output tax. Thereby, the developer and buyer had to pay dual tax.

Another prominent reason for reduced construction cost is the applicability of GST on the logistics sector. The transition of goods is easier and smoother with a reduced tax rate.  

If you have been planning to buy a home and pushing it for the tax concerns, then now is the time to take the leap. After two years of the implementation of GST, the teething concerns have got resolved, and now you can benefit from a uniform, easy to understand the tax system and pay relatively less price for a house. 

You can explore new township projects in Nagpur and make the most of the post GST era. If you are looking for a new flat scheme in Nagpur with GST benefits, then pause your search on Vrindavan. The exquisite township designed by Radha Madhav developers will be worth exploring. Spread over acres of land, it comes loaded with amenities and offers an ultra-luxurious living experience. Know more about this best township in Nagpur and book your home today.

Additional Amenities that Everyone Should Look for Before Buying a House in a Township or Society

Times are changing, and priorities are rearranging. It is a fast-paced world in which we are living. There is a constant rush in everyone’s life and the need for a warm and inviting home is far greater than ever before. The home needs to be an invigorating sanctuary and the township should offer the choicest amenities for an enriching lifestyle. Home buyers need thoughtfully designed homes with amenities for every family member. 

These amenities were looked upon as luxury once upon a time. However, with a demanding work life cycle, these have become necessities, the way of life. It is for increasing convenience and greater comfort that the concept of integrated township is becoming popular even in Tier 1 and Tier 2 cities. An integrated township is a project that is spread over sprawling space and has commercial and residential structures with every basic amenity and infrastructure. Such self-sufficient townships are becoming a necessity. A promising township should have several additional conveniences offering all the lifestyle advantages. Read on to know about such conveniences and comforts, which are a must in a township. 

Walk-to-Nature: When you are planning to buy a house in an integrated township, ensure there is ample green space. It should not be a small and crowded garden. Rather, space where you can soak freshness and bask under the sun whenever you want. Moreover, landscaped gardens are more of a necessity considering the rising pollution levels. So, look for a project where there are many gardens and a sizable green area where you can relax and be one with nature. 

Walk-to-School: If the township has a school, then your children will have a definite advantage. They will not have to travel a long distance. Instead, they can walk to school, save their time and channelise the saved time in extra-curricular activities and academics.

Walk-to-Play: There should be play areas for toddlers and many outdoor options for children. They should be able to pursue their hobbies and groom themselves. It should be a space where your children can experience holistic development. With such open spaces and fitness arenas, children will have something to look up to beyond tabs and smartphones. It should be a go-to-place for socialising and overall development.

Walk-to-Safety: A township is quite vast and spread over acres of land. This makes safety utmost important. Your children should be able to go and play in a safe and conducive environment. When you go to the office, you need not to have to worry about your family’s safety. So, look for 24*7 security with CCTV surveillance across the township.

Walk-to-Hospital: The township should have good health care facility within the premises. It is basic and comes useful in the event of an emergency. So, when you are planning to buy a home in a township, you should look for this facility, which is usually not there in a gated community project. Moreover, this facility comes beneficial for senior citizens too.

Walk-to-Shop & Entertain: There should also be shopping arcades and malls, which will make your life so much sorted. You can shop for essentials and luxuries whenever you want when there are ample options around the corner. Likewise, imagine walking down to watch your favourite movie on a Friday night straight after reaching home. It is one additional amenity for which every movie buff will be thankful!

Along with the above amenities, a township should offer commutation service. Such township projects are usually located a little far from the city centre. So, if a shuttle service is provided, then it will come useful for the residents.

It is these amenities that will make a township stand apart from a compact, gated community. Swimming pool, fitness centre and clubs are there in almost every society. However, going beyond these and designing the project to take care of your everyday life is what sets a township apart.

If you are looking for such a project, where all your needs big and small are taken care, then it’s time you explore the Vrindavan township in Nagpur by Radha Madhav developers. From temple to shuttle service, shopping complex to multiplex, mini-cricket stadium to ATM services, you will benefit with every amenity, every convenience when you buy a home in this township. Moreover, 24*7 security and CCTV surveillance will make it your happy and safe place. Every festival and occasion gets celebrated here and with a personal touch as the developer of this project is also a resident of the township. Know more about this project and explore the different investment options in Vrindavan in Jamtha, Nagpur. Visit this 111-acre project and embrace the big Vrindavan family where efforts are made to make every day memorable, everyday special.