If you are someone who likes making money, then you must know there are many sources of investments like crypto, gold, mutual funds and much more. However, there is not better investment than buying a residential real estate. This is because real estate has never decreased the value of investment. It only brings more profitable jumps as the time moves ahead.
There are many benefits of investing in real estate, some are mentioned below:
1. Appreciation Value:
There are many builders in Mumbai, each coming up with splendid developments every time. This means there is lesser land remaining in an urban city like Mumbai. The lesser there is to develop, the more there is appreciation value to your investment. The idea is to think about long term when investing in real estate, that is when you start earning big because of the higher appreciation.
2. Smooth Cashflow:
If you are putting the property you buy on rent, then you real estate becomes capable of earning you a consistent cyclic funds that could better your further investment ideas. Rental incomes are a great way to passively build on the money that not only puts the property in your name but also builds the further bridges for you to invest more.
3. Secure Investment:
The bigger the ticket size of an investment, the more it needs to be secure and full proof. Real estate is the safest option for investment, especially after the government of India has successfully incorporated the system of RERA numbers that are allotted to the properties.
Now there is not only sufficient data about a project for investors to do their research but there also are benefits like the lower interest rates on loans, and lesser stamp duty costs.
4. Good ROI:
The return of investment from any source is dependent on the inflation and the economical flux of the country. Real estate is more rigid of a source when compared to others and ensures the profits on long run regardless the situation or any fallout. This is because the regions never stop progressing, there is always more to do about a location.
5. Taxation advantages:
There are newer policies that are concealed by the government that help you save a lot on your taxations if you are investing in real estate. The home loans give you a good savings on your principal amount as well as the interest payable. This means that you are making more money by investing in real estate.
In conclusion, investing in real estate is always going to be a benefitting decision. All you need to ensure is to make sure you are doing a thorough research on your properties before closing the deals.
Why Does The Housing Demand Spike During The Festive Seasons?Buying a home is a big step in a persons life. For an Indian, it is one of the major milestones. It is an expectation, a responsibility that they must fulfill to hold a standing in the social and cultural structure. Buying ones own home is also a very auspicious occasion and warrants the blessings of the Gods. What better time to buy your home than the festive season? The major purchase done with Gods blessings becomes ideal for instilling positive vibes for new beginnings. Several other factors contribute to the overall spike in demand for housing during the festive season. Dahisar is an upcoming suburb of Mumbai that has witnessed the development of many new projects in recent years. Cultural aspect Festivals are occasions of positive atmosphere and general well-being amongst families and relatives. They are a time when families celebrate new beginnings and relive old traditions. The festival cheer creates a positive outlook and acts as a catalyst for making big decisions to make the most of the auspicious times. This is when most Indians prefer to take that leap of good faith and make big purchases like buying a home. The positive belief of a prosperous future for the families is reassured by making these major investments. Financial Benefits Most developers and builders are aware of the festive sentiment that buyers have. To give a final push to the leap projects in Dahisar East offer attractive discounts. These discounts save significant sums of money that the buyers can think of investing or using to decorate and design their new homes. The benefits are in the form of reduced prices, tax waivers, or additional amenities that appeal to new home buyers. These offers entice many buyers to make the move. Market factors Most developers plan their residential projects in Dahisar East in a way that the launch can be during the festive season to make the most of demand. This increases the competition leading to better deals and attractive offerings. The buyer has a wider choice in terms of sizes, configurations, and locations of different flats in Dahisar East. Festive seasons often witness a surge in exhibitions, trade shows, and real estate fairs. Prospective buyers can get all the information they need about multiple projects under one roof with easy comparisons. It is also a chance for them to strike lucrative deals with the project representatives and seal profitable deals. All these factors fuel the demand for new home purchases. Tax Incentives and Benefits Governments and financial institutions introduce special benefits and waivers to home buyers to push the overall demand for flats in Dahisar East. Reduced interest rates, discounts on charges associated with property registration and tax exemptions, etc. are some of the benefits offered. These act as an additional appeal to potential home buyers. The festive cheer and sentiment encourage the entire real estate ecosystem to get into action to increase property purchases. In India, the festive season that lasts for a few months sees the maximum purchase and investment in residential properties. ...
Exploring The Top Residential Areas in MumbaiMumbai is the largest real estate market in the country. The Mumbai property market is expanding at an unprecedented pace. There is a rise in demand for residential property in the metropolis buoyed by major infrastructure development. Currently, there are 9 metro line projects under construction. These metros will increase connectivity allowing easier commutes for working professionals. The development is poised to increase construction activity across all the localities in the city. Several micro-markets are already emerging in anticipation of the new metro lines to be operational. There is a greater focus on developing luxury projects that offer superior amenities as the financial power of buyers is increasing. All these factors make Mumbai one of the most lucrative property markets to invest in. The megapolis is seeing major construction activity across all suburbs and pockets. Some of the most popular residential areas are discussed below. Dahisar Dahisar is a northern suburb in the Mumbai Metropolitan Region (MMR). Once a sober suburb, there is a surge in new projects in Dahisar in recent times. Although the suburb is well connected by road and rail to other parts of the city, two new metro lines that are under construction will enhance the ease of commute for its residents. The social infrastructure is also developing at a fast pace to keep up with the ever-growing influx of home buyers. Due to these reasons owning property in Dahisar can be the best investment decision. Most reputed developers are now constructing luxury flats in Dahisar East compared to budget flats which was the norm a few years ago. The 2 BHK apartments in Dahisar are preferred by most home buyers. Mira Road The suburb next to Mira Road is Dahisar and it has attracted the same attention. Mira Road too is seeing upcoming metro projects that will improve its connectivity to the heart of Mumbai. The past few years have seen a surge in occupancy in the suburb shooting the property prices here. This also has seen tremendous growth in social facilities and leisure locations for young families that settle here. Mira Road can be a good option for investment in budget and premium brackets of residential properties. Thane Known as the satellite city of Mumbai, Thane is one of the prime locations that has seen immense real-estate development over the past decade. The city offers one of the best lifestyles that combines the hustle and bustle of the metro with a green and peaceful environment. With excellent facilities for living a comfortable life to fast developing connectivity and infrastructure, Thane offers a wholesome living experience. Navi Mumbai Panvel and Kharghar are two locations that promise good returns on property investments. The accessibility of Panvel to the upcoming international airport, infrastructure development projects, and low property prices make it a strong contender for investments. Kharghar is known for its lush green parks, wide roads, and well-planned infrastructure. For long-term investments, Kharghar is a good option as the property prices are comparatively low compared to locations in central Mumbai. Vasai – Virar The property prices in Mumbai can be overwhelming. It commands the highest real estate prices in the country, and everyone cannot afford it. Vasai-Virar offers affordable options for investors who have budget restrictions. It is well connected to Mumbai, has ample facilities required for a family to thrive, and offers good choices for leisure and entertainment. ...