Real estate investors in India are increasingly moving towards tier 2 cities to make investments because of lower land costs, unexploited growth prospects and government backing for infrastructure creation. The real estate industry in India is going through some major transformations. The country is seeing real estate investors shifting their investment preferences more towards tier 2 cities. Let us focus on the factors that are influencing these shifts in the

At JLPL, we marked the Engineers’ Day in a fitting manner by celebrating the invaluable contributions of our engineering and architectural departments. The event was held at the elegant JLPL Falcon View Clubhouse banquet hall, which provided the perfect backdrop for a day filled with reflection, pride and recognition.  Our chief engineer, Mr SS Sandhu along with our senior architect Mrs Kiran Ahluwalia and the entire team, came together to

The 2024 budget is out and it has impacted the real estate industry. The 2024 budget declared the elimination of the indexation advantage provided on the sale of property. As a result, many people who sell their home will be unable to inflate the acquisition price and therefore lower their capital gains. Prior to the announcement, long-term capital gains from the sale of property were taxed at 20% with an

Introduction  As we move into the second half of 2024, the real estate market in the Tricity region, encompassing Chandigarh, Mohali and Panchkula is poised for significant activity and transformation. This region, known for its strategic location, infrastructure and high quality of life, continues to attract both residential and commercial investments. Let’s dive into the key trends and factors shaping the market forecast for our Tricity region in the coming

Introduction  Mohali stands tall as the beacon of cleanliness in Punjab, reaching the top spot as the cleanest city of Punjab in the Swachh Survekshan rankings 2023. At JLPL we take immense pride in being part of our vibrant city’s journey towards excellence.  The Cleanest City of Punjab  Mohali is not just a city, it is a testament to progressive urban planning and community driven initiatives. From well manicured parks

As a real estate investor, understanding income tax strategies is crucial for maximizing deductions and minimizing liabilities. With the ever changing tax landscape, staying informed about the latest regulations and utilizing effective strategies can significantly impact your bottom line. Here are some valuable strategies for real estate investors to consider in 2024.  Income Tax Strategies for Real Estate Investments  Maximize Deduction – Deductible expenses such as mortgage interest, property taxes,