Americans are living longer than in years past as according to the latest census, about 13% of the United States population is age 65 or older unlike in the past 1900 which is 4%. Studies show us that they are extremely vulnerable to abuse and neglect.
Magnolia Prestige offers 2 / 3 BHK apartments in Kolkata. Welcome to a whole new world. Your amazing destination with luxury flats at Magnolia Prestige, situated at Bishnupur Bortala, Rajarhat, just opposite of Appex Nursing Home (on the main road). All kinds of transport facilities are available.
The NRAS is a Federal and State initiative designed to stimulate the rental market. What it has turned out to be is a real boom for investors, gosh! Where do I sign?
It should be noted that the National Rental Assistance Scheme is not designed as a social welfare program but was seen as a necessity to supply a shortfall of rental accommodation evident in the market, primarily for the target market of essential services workers (Fire, Nurses, Teachers, Police etc)
NRAS provides investors with TAX FREE incentives of up to $8,672 per dwelling per year for the first ten years. This can be taken as cash, or as Tax Credits. For the incentive, owners agree to rent the houses out at a discount of between 20 - 25% of the market rate.
The rental is administered by QAHC on a 10 year lease which provides security, income is indexed every year AND independently assessed to market in years 1, 4 and 7. At the completion of the 10 year lease the property is fully reconditioned and handed back.
Banks will still lend against NRAS properties to 85% as a rule of thumb, anything over 70% though is mortgage insured.
For further information on the NRAS scheme call me on 5474 4100 any time.
The ecosystem of hospitals in modern times is unimaginably complex. It is the prime objective of every hospital and nursing home to operate efficiently to serve patients. Aside from several other things, a functional, spacious elevator significantly contributes to smooth operation.
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