KTM REALTY

Tamil Nadu Government Slashes Stamp Duty Charges: A Boon for Homebuyers The Indian real estate sector has been witnessing a steady rise in demand, especially in the post-COVID era. With the advent of remote working, people are seeking more spacious and comfortable homes. However, the high cost of buying a property and the added burden of taxes has been a major deterrent for many homebuyers. In a welcome move, the Tamil Nadu government recently announced a reduction in stamp duty charges from 4% to 2%, effective from April 1st, 2021. This reduction is expected to boost the real estate sector and benefit homebuyers in several ways. What is Stamp Duty? Stamp duty is a tax levied on the purchase or transfer of property. It is a state subject and the rates vary from state to state. In Tamil Nadu, the stamp duty was previously 4% of the property value, which was a significant amount for homebuyers to bear. How Will the Reduction in Stamp Duty Benefit Homebuyers? Reduced Burden on

When it comes to real estate investment, the location of the property plays a significant role in determining its value and potential. In recent years, Salavakkam has emerged as a hidden gem for real estate investors looking for a promising and long-term investment opportunity. Located in the southern part of India, Salavakkam boasts a perfect blend of natural beauty, urban convenience, and economic growth. Here are 7 reasons why Salavakkam is an ideal location for long-term real estate investment. 1.       A Serene and Picturesque Location Salavakkam is located in the state of Tamil Nadu, a few kilometers from Kancheepuram. It is a small town surrounded by lush greenery, serene lakes, and hills. The town is well-known for its peaceful environment, clean air, and low noise pollution levels. It is an ideal location for those who want to live away from the hustle and bustle of the city. 2.       Convenient Connectivity Despite its secluded location, Salavakkam is well-conne

  Mamandur Plots: The New Hot Spot for Real Estate Investment If you're in the market for real estate investment, you might have heard of Mamandur. This cozy location is fast becoming one of the hottest spots for real estate investment, with plots in the area seeing sky-high price appreciation. Let’s take a closer look at what's driving this trend and why you should consider investing in Mamandur plots for your next real estate project. The Rise of Mamandur Mamandur is a small village located in the Kancheepuram district of Tamil Nadu. Known for its serene and tranquil atmosphere, Mamandur has been an ideal destination for people looking to escape the hustle and bustle of the city. However, in recent years, Mamandur has seen an influx of new residents and a rapid development of new housing and commercial establishments, transforming the once sleepy village into a thriving community. Why Invest in Mamandur Plots If you're considering investing in real estate, M

 Are you looking to invest in real estate or build a new residential or commercial establishment? If so, have you considered Salavakkam Koot Road as your next investment destination? This location is not only rapidly growing but also offers a multitude of opportunities for potential buyers. Salavakkam Koot Road is an up and coming area located in the bustling city of Chennai. The 23-acre Indian Oil Corporation Limited (IOCL) factory located here generates government employment and attracts a large number of employees to the area. Let’s look at how this is driving real estate values in the region and why you should consider real estate investments in and around the Salavakkam Koot road. Impact of the IOCL Factory on Booming Real Estate Value The 23-acre Indian Oil Corporation Limited (IOCL) factory located in Salavakkam Koot Road, Chennai, is a key driver of employment opportunities in the area. As one of the largest oil refineries in the country, the IOCL factory employs a larg