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October 2021 – Engineers Horizon

Tax Saving Options For Home Buyers

Buying a home is a big decision and it depends on many factors including price, location, and resale value. 

Income -tax benefits for first time home buyers : For first-time homebuyers, income tax benefits can be availed under three sections including Section 80 C, Section 24, and Section 80 EEA of the income tax act. Under these three sections, you can avail home loan benefit of 5 lakhs annually.

Income -tax benefits for second-time home buyers : If you are a second-time home buyer, and already own a property then tax benefits under section 80 EEA cannot be claimed. Under section 80C Rs 95,000 can be claimed along with  Rs 55,000 against stamp duty paid in the first year and Rs 2,00,000 under section 24. 

Exemption on the  principal: Against the repayment of the principal amount, a homebuyer can claim up to 1.5 lakhs as tax deduction under Section 80 C. However, the property must have been under the possession of the owner for at least 5 years. If the sale procedure takes place within 5 years of its possession then the deduction claimed will be included back in the taxable income. 

No specific benefits for women investors: A woman can claim the benefits of income tax exemptions similar to a man under the above-mentioned law. In some states, a women investor has the benefit of 1%-2%on stamp duty. 

Tax- benefits on joint purchase : If husband and wife purchase the property jointly, then both can claim tax benefits in their individual files. However, actual deduction benefits cannot surpass the actual amount paid.

Exemption on Interests : According to Section 24 of the IT Act, a homebuyer can claim a tax benefit of up to Rs 2 lakhs against the interest paid towards the home loan. 

Exemption on stamp duty : According to Section C of the IT Act, a home buyer can claim deductions against legal charges on stamp duty and registration. However, construction of the property should be complete and the purchase is done for self-use.

Subsidized GST rates : The government of India is offering subsidized GST rates to investors from Low Income Group ( LIG), Middle Income Group ( MIG), and economically weaker sections. Also, homebuyers are liable to get an interest subsidy through the Credit- Linked Subsidy scheme. 

Budget 2019 Updates : A home buyer is eligible for tax exemption under Section 54 of the IT Act if they sell one property and the capital gain is invested in buying another property. However, the capital gain should be up to 2 crores and once in a lifetime.

Summary : Are you a first-time homebuyer or buying for the second time? If you want tax benefits there is tax sop for both first-time and second-time home buyers. Owning a home is a priceless achievement. If you are looking to invest in real estate then check out Bonheur in Wakad by Engineers Horizon. Equipped with amenities and conveniences, homes in Bonheur are worth investing in. 

Engineers Horizon: Top Builder in Pune, Offering New Projects in Wakad / Tathawade

Engineers Horizon is one of the top builders in Pune. Previously known as the Linux group, Engineers Horizon has gained a reputation for building affordable homes incorporated with sustainable features that not only reduce the cost of construction maintenance but also empower residents to connect with outer resources and technologies. Known for delivering quality products and workmanship, they are acclaimed for their transparency in all spheres of business conduct. With their customer-centric approach and robust engineering, they have launched one new project in Wakad and another new project in Tathawade.

iOS in Tathawade

iOS homes are much more than a mere investment. 1,2 and 3 BHK homes here speak of optimized spaces where every inch is created for ideal hassle-free life. Well, thought amenities not only enhancing the desirability of iOS but also contribute to the pleasure and comfort of its residents. Homes here are not just a place to arrive after work but a space where one can experience comfort living with changing times. iOS usher you to a world of joyful living in safe and secured homes with power backup for each apartment and common utilities. Spread across vast acres, it boasts landscaped open spaces, a gymnasium, and many more eco-luxurious amenities. Nestled in the green serene environment of Tathawade, iOS give reasons to smile with the hassle-free commute to landmarks of the city via well-connected roads and nearby bus transits

Bonheur in Wakad 

Engineers Horizon has rolled out Bonheur in Wakad, where amenities and designs lead you to a world of comfortable living. Located in the heart of Wakad, all needs and necessities are in 2 minutes walk around. Bonheur is surrounded by reputed education institutes such as Edify INT school, Indus Business school, and Mercedes Benz school. Not only education hubs, but Bonheur also gives the luxury of healthcare centers restaurants, shopping malls, and the most important the proximity to Hinjewadi IT park.

If you are looking for investing in Wakad or Tathawade, cash into the best properties with a good scope of value appreciation shortly. Rest assured of the probability of long-term gains as both the properties are set in a prime location of Wakad and Tathawade surrounded by developed social infrastructure and several industries and IT developments

Diwali Is The Best Time To Buy A Property

Are you planning to buy a home this festive season? Then loosen your purse string, Diwali is around the corner. The festival is considered an auspicious occasion for real estate investment. Celebrated over five days the festival of light symbolizes the victory of light over darkness. The first day begins with Dhanteras followed by Narak Chaturdashi, Diwali, Govardhan puja, and ending with Bhai Dooj. On this auspicious occasion, many builders and developers roll out new projects or offer the privilege of discounts and freebies. If you are taking the plunge then it is the right time. The good news is that Engineers Horizon has come up with amazing residential projects in the best locations of Pune, which would convince you to invest in.

Why Engineers Horizon : Engineers Horizon is known for delivering best-in-the-industry quality and on-time. Formerly known as the Linux group, Engineers Horizon started its journey a decade ago and set the pace for the future with better and smarter designs. Carrying the legacy of innovation and well-thought-out quality, they are bringing smiles to individuals, families, and communities.  The well-tuned team of planners, architects, and designers of Engineers Horizon culminate beautiful projects which are investment-worthy. Their projects like Bonheur in Wakad and iOS in Tathawade have attracted the buyer’s attention for their innovative designs, construction quality, and amenities. 


Bonheur in Wakad : Strategically located in Wakad, Bonheur features homes in configurations 1, 2, and 3 BHKs. Spread over a sprawling area of 1 acre, the project features aesthetically designed landscaped gardens. Bonheur offers happiness in the true sense with its convenience and comforts needed for modern living. Upcoming metro station, reputed schools, medical care system, malls all within 10 minutes walk. Its recent launch of a new tower of 3 BHK in Bonheur Wakad reflects the philosophy of better designs and superior quality. This Diwali, if you want to coexist with nature and want to feel proud of your living space Bonheur is stealing the deal with flats for sale in Wakad

iOS in Tathawade : Nestled in Tathawade’s spellbinding landscape, iOS has a multitude of amenities including 3- tier security. The project is well-connected to the landmarks of the city via roads. Prominent schools, malls, and medical facilities are available in close vicinity. Flats in iOS boast optimized spaces loaded with the best of facilities and amenities.  Make this Diwali more sparkling within homes where comfort, connectivity, and convenience are all under one roof.  Get ready to seize the right moment to buy a dream home this Diwali as iOS flats are for sale in Tathawade

Summary : Give one more reason to cheer on this festive season in homes perfect for your family. Residential projects like Bonheur in Wakad or the iOS in Tathawade come with many great benefits. This Diwali find the perfect apartment for your family.  Gift happiness and contentment to your loved ones and move into your dream home soon. 

Be a part of higher living in iOS’s 2.5 BHK Homes in Tathawade

Whether it is Diwali or Dussehra, we love playing the host in a well-oriented home. If you are moving into a new home and the festive season is right around the corner, then it becomes more challenging to decorate a home reflecting your style. Here are 5 simple ways to make our apartment ready for this festive season. 

Invite positive vibes with de-cluttering

 The first step towards making a home a festive ready is cleaning. Invite positive vibes into homes, especially during the festive season by decluttering spaces. It is believed, to get rid of the negativity, remove objects which are no longer in use. Make space for positive energy and welcome the charm of festivities in sparkling clean indoors and outdoors.

Happiness and togetherness in a festive ambiance

Play with the lightings to get the right balance of sparkle and brightness. Bring the best fruitful vibes into your house with classic clay diyas or LED lights. Brighten the dark corners with a glass lantern or vase. Wrap the balcony with fairy lights or flashlights. You can give a personal touch to the decor look with a festive nightlight as well.

Fresh flowers for refreshing indoors

Marigold is a crucial part of Dussehra decorations. Brighten up your indoors and entrance with rangolis in marigold petals or make it a part of toran to make your guest feel welcomed when they are entering your home. Create a joyful experience with smiling guests in a welcoming ambiance.

The green ambiance around home  Make eco-sensitive choices this festive season with paper garlands and swirls for decoration. Brighten up homes with smart LED fairy lights. Make floral centerpieces with flowers in water bowls made of clear glass or terracotta to beautify the home decor. You can make your home looking better and lasting longer with these eco-friendly DIYs.

Enhance spiritual quotient with fragrance 

Celebrate the victory of good over evil with delightful fragrances. A good air freshener for instant freshness or potpourri for a steady, sweet smell in the air soothes the senses and helps concentrate during puja rituals. Delightful fragrance enhances spiritual calmness and helps to invoke Almighty.

Summary 

Dussehra is considered an auspicious day to invest in a new project or owning a house. It is believed, wealth and happiness grow if new projects are started on this day or new investments are made. Engineers Horizon launched iOS in Tathawade and Bonheur in  Wakad that aims for nothing less than absolute satisfaction. If you are looking for a new home, where you would like to celebrate     Dussehra then explore 1,2,3 BHK apartment sales in Tathawade in iOS. Start your exciting journey on the eve of the pious festival of Dussehra.

Top 5 reasons why should you invest at Engineers Horizons iOS

Top 5 reasons you should invest at Engineers Horizon’s iOS 2, 3 BHK flats in Tathawade

Covid -19 pandemic brought huge changes to all sectors including the real estate industry. Consumers refrained from purchasing new homes. Lockdowns, delayed projects brought the real estate sector to a screeching halt. However, post lockdown, house buying spree picked up as people are more than willing to buy a new home. Prolonged confinement made them realize the value of homeownership, open spaces, outdoor fitness options, and provision for remote working. Homebuyers are now preferring homes or residential projects that are offering both outdoor and indoor spaces, better connectivity, and a serene environment. 

Wakad 

When it comes to good neighborhood reduced pollution level, connectivity, and abundance of greenery, Wakad tops the list. Located in the North-Western outskirts of Pune, this suburb shares the neighborhood with Tathawade, Punawale, Hinjewadi, and Ravet. This suburb is dotted with reputed schools, hospitals, and entertainment centers. Wakad is also witnessing a humongous growth in real estate due to its good infrastructure and proximity to IT parks.

Amenities of iOS

Engineers Horizon is creating spaces in  Tathawade, named iOS. Spread across vast acres of land, iOS is balancing life and lifetime happiness with thoughtful designs, multiple amenities, and an ideal location. As more and more jobs are allowing people to work from home, spacious iOS homes offering plenty of space for comfortable day work. Not only indoor spaces but also outdoor spaces sketched with recreation facilities facilitating the various roles you play in your life. 

Reputed Builder

Engineers Horizon, earlier known as the Linux group is one of the renowned builders in Pune. They are known for offering projects that are not only self-contained but also set in locations with good connectivity. They have changed the art of living through innovations and green living concepts. They are known for creating spaces through sustainable development.

Connectivity

2 BHK flats for sale in Wakad, in iOS, boasts of hassle-free connectivity to Hinjewadi IT Park, and other landmarks of Pune by road, which cross through the heart of Tathawade. Surrounded by malls, theatres, schools, and hospitals, iOS enhances the living experience in every possible way. 

Safe and secured homes

Apart from unique amenities and features, 3 BHK flats for sale in Wakad in iOS provide a safe environment and the overall well-being of the family. To ensure overall safety, high-end security cameras and alarms are installed. Besides power back up for each apartment, there is a power back up for common utilities as well. Multi-function electronic intercom security systems, video door phones ensure that your families and belongings are safe.  

If you are looking for safe and secured homes, then explore these upcoming residential projects near  Wakad catering to modern and convenient standards of living. Explore iOS homes in Tathawade which is well connected with Wakad

Characteristics of Sustainable Living

Sustainable living is prudent for saving the environment and for our future generation. Sustainable living is not only about recycling but also about maintaining a lifestyle that helps to reduce the carbon footprint and to improve environmental quality. In recent years climate change conversation has picked up and all industries including the real estate sector have been working consciously to reduce the carbon footprint.  Well-known builders in Pune, like Engineers Horizon’s promoting sustainable living ardently by conserving energy and using the resources impacting the surrounding environment and living conditions of the inhabitants. A few of the top sustainable practices  they follow are discussed below

Energy-efficient spacious flats in wakad

Homes in Bonheur are well insulated with high-efficiency heating and cooling systems that check energy bills. Homes are well ventilated with upgraded fixtures showing commitment to energy efficiency.  From solar panels to energy-efficient lights every aspect of the project is sensitive to the environment. High efficiency and lighting appliances can pay off for years to come.

Keeping wastage to the minimum in spacious flats in tathawade

 Waste management always has been a pressing concern in urban areas and construction waste poses a great danger to the environment. Engineers Horizon follows efficient waste management to keep wastage to a minimum by recycling waste material generated due to the construction process. Its premium projects like Bonheur in Wakad and iOS in Tathawade are complete green buildings with features like garbage chutes, a system for separating dry and wet waste to reduce the negative impact on the environment.

Preserving most-valued exhaustible resources -water

 Engineers Horizon has increased water efficiency significantly with insulated pipes and tanks, pressurized water supply, and regular shower fixtures. Insulated pipes and storage tanks keep the water warm even in frigid temperatures thus less energy is required to heat water, to begin with. 

 Summary

 1,2 3 BHK homes in Bonheur and iOS are not only homes made of steel and wood but also allowing to reduce environmental footprint while creating a space to rest, gather and make memories.

5 Tips To Make Your Apartment Ready For Dasara

Whether it is Diwali or Dussehra, we love playing the host in a well-oriented home. If you are moving into a new home and the festive season is right around the corner, then it becomes more challenging to decorate a home reflecting your style. Here are 5 simple ways to make our apartment ready for this festive season. 

Invite positive vibes with de-cluttering

 The first step towards making a home a festive ready is cleaning. Invite positive vibes into homes, especially during the festive season by decluttering spaces. It is believed, to get rid of the negativity, remove objects which are no longer in use. Make space for positive energy and welcome the charm of festivities in sparkling clean indoors and outdoors. 

Happiness and togetherness in a festive ambiance

Play with the lightings to get the right balance of sparkle and brightness. Bring the best fruitful vibes into your house with classic clay diyas or LED lights. Brighten the dark corners with a glass lantern or vase. Wrap the balcony with fairy lights or flashlights. You can give a personal touch to the decor look with a festive nightlight as well.  

Fresh flowers for refreshing indoors

Marigold is a crucial part of Dussehra decorations. Brighten up your indoors and entrance with rangolis in marigold petals or make it a part of toran to make your guest feel welcomed when they are entering your home. Create a joyful experience with smiling guests in a welcoming ambiance. 

The green ambiance around home  Make eco-sensitive choices this festive season with paper garlands and swirls for decoration. Brighten up homes with smart LED fairy lights. Make floral centerpieces with flowers in water bowls made of clear glass or terracotta to beautify the home decor. You can make your home looking better and lasting longer with these eco-friendly DIYs.

Enhance spiritual quotient with fragrance 

Celebrate the victory of good over evil with delightful fragrances. A good air freshener for instant freshness or potpourri for a steady, sweet smell in the air soothes the senses and helps concentrate during puja rituals. Delightful fragrance enhances spiritual calmness and helps to invoke Almighty. 

Summary 

Dussehra is considered an auspicious day to invest in a new project or owning a house. It is believed, wealth and happiness grow if new projects are started on this day or new investments are made. Engineers Horizon launched iOS in Tathawade and Bonheur in  Wakad that aims for nothing less than absolute satisfaction. If you are looking for a new home, where you would like to celebrate     Dussehra then explore1,2,3 BHK apartment sales in Tathawadein iOS. Start your exciting journey on the eve of the pious festival of Dussehra.


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