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Avantika Malhotra
posted on 6 MayWhat buyers overlook for real tax savings in Rajkot
₹2.5 lakh deduction on home loan interest isn't the only tax game in Rajkot real estate. Everyone focuses on Section 24, but nobody really discusses the long-term capital gains angle, especially with properties around 150 Feet Ring Road. From my experience, planning for Section 54EC bonds or understanding indexation can significantly boost your actual ROI when you sell. Many first-time buyers investing with Balaji Group or Madhav Group miss these calculated risks. It's not just about EMI; it's about net wealth creation. Change my mind.
#tax-benefits#roi#investment#capital-gains#rajkot
Comments
The post is spot on about looking beyond EMI. But let's be real, many builders, including some big names here, delay possession by years. What good are capital gains if your property isn't even ready? My friend booked with Madhav Group in Krishna Kunj, was promised possession in 2022, still waiting. RERA complaint file ki hai.
What's the current market like for resales around 150 Feet Ring Road? Are prices actually appreciating enough to make these capital gains strategies worth it? I'm seeing a lot of inventory with Balaji Group right now.
Right now, the market is a bit slow in Rajkot, especially for immediate resales. Appreciation is there, but not like 3-4 years ago. You need to hold for at least 5-7 years for significant gains, I feel. Balaji Group's newer projects are higher priced, so entry point is crucial.
This is so true! I bought a flat near Kotecha Chowk a few years back, and when I sold it recently, the capital gains were huge. If I hadn't consulted a CA about indexation, I would have paid so much more tax. My builder, a local one, gave zero guidance. First-time buyers really need to educate themselves beyond just the purchase.
That's a great insight. But after indexation, did you still have a significant tax liability, or was it mostly nil? And what was your ROI like after all deductions?
Sahi keh rahe ho! CA ki advice bahut zaroori hai. Builders toh sirf apna commission dekhte hain.
The post makes sense, but how practical is it for first-time buyers? We barely have enough for down payment and EMI. Who thinks about selling so early? And what exactly are these 54EC bonds? Kya benefits hain?
Haan, exactly! Pehle ghar toh le lein, phir bechne ki baat. My priority right now is just affordable EMI. Madhav Group ne toh rates itne badha diye hain Krishna Kunj mein, lagta nahi ki future mein koi capital gains milenge.
Bhai, 54EC is for when you *do* sell your property after a few years and want to save tax on the profit. Instead of paying tax, you invest that profit into specific bonds for 5 years, up to ₹50 lakh. It's not for now, but good to know for future planning. Balaji Group's prices are already high, so profit margin will be key.
Yaar, this is exactly what I needed to hear! Sab log bas Section 24 ki baat karte hain. I was looking at Balaji Group projects near 150 Feet Ring Road and thinking only about EMI. This capital gains thing is new for me.
Totally agree! My agent never even mentioned 54EC. Lagta hai they just want to close the deal, not educate us.