Top Real Estate Myths Busted

Are you looking forward to making a real estate investment? Before doing so, it is important to know about some of the common real estate myths around.

There is no denying the fact that real estate investment is a challenging task. Before making a profitable real estate investment, you are required to look into a myriad of factors involved in the given industry.

One aspect that you should pay attention to is staying away from the common real estate myths and being aware of the reality behind the same. If you are looking forward to making a major real estate investment in the high-end Sunteck City Goregaon, you must be aware of the facts associated with your investment.

Some of the common real estate myths that you should know about are:

# Real Estate is a Highly Unregulated Industry

While every real estate market is quite unique, the current market conditions have become highly regulated with the involvement of the state as well as the central government. All the real estate properties, as well as developers, are regulated by a centralized body referred to as the RERA.

# No Time for Investment

There is no right or wrong time to make the desired real estate investment. It is all about your priorities. When you wish to secure your future, you can think of making an investment right away.

# Real Estate Investment is Expensive

While it is a common belief, depending on your requirements, there is a specific real estate investment structure for every type of investor out there. You can enjoy opportunities from the government scheme of Pradhan Mantri Awas Yojana that provides you with a subsidy on your home loan interest rate as well..

Read More

Increase Rate of Real Estate Investment in Mumbai

Is it all hearsay or the truth? All those talks about how beneficial it is for you to invest in Mumbai’s real estate. Read on and see for yourself!

Among the metropolitan territories of India Mumbai is currently the most expensive in the real estate market. The financial capital has the highest rate of business in the real estate sector with the overall getting increased day by day.

As a large number of communities gather here the demand for houses always seems to be increasing. Catering to such large rates of demands have made it challenging for the apartment manufacturers who are having a hard time keeping up with it. Unable to keep up with the pace has led to an imbalance in the demand-supply curriculum with prices spiralling up each day.

Availing a flat or an apartment especially in the heart of the city has become very pricey making it hard for a common Joe to afford. While people seem to remain farfetched from the idea of purchasing a flat or an apartment in Mumbai.

The elevation of price rates has led to people giving up their dream of purchasing property in the busy city. They shouldn’t be discouraged as real estate properties can be availed at the surrounding suburbs. The well connected chained suburbs have witnessed a consistent growth in the real estate market with township remerging at its centre.

Townships such as Arihant Anshula located in Navi Mumbai are the new nuances of real estates. Offering affordability and several benefits Arihant Anshula satiates the dream of every commoner who wishes to be habituated in Mumbai.

While setting out to buy property in Mumbai it is best to have proper planning and a determination before availing for a home loan.

If you interested to know how CIBIL Score calculated for home loan then you must visit Bajaj Housing Finance Official website

Read More

Grab the Opportunity to Buy Apartment in Mumbai in 2019

If you are planning to buy a house in Mumbai, you need to have financial stability without putting yourself in a financial burden over the years.

Here are certain things you need to consider before buying or investing in a property in Mumbai:

# Know Your Budget

First, you need to determine your budget. Find a good reason to buy a property in Mumbai and then see your budget – whether you want to buy a small apartment, rent an apartment or buy a flat or house.

You can look for a property in Sunteck Westworld for better amenities and fetching you high returns in the future as well.

# Check The Credit Score

If you don’t have a big amount to buy a property in one go, consider applying for a home loan with any trusted bank or non-banking financial company. There are so many financial institutions like Bajaj Housing Finance offering people easy home loan options to help them get their dream home.

# Don’t Choke Your Savings

Do invest in new flat in Mumbai without choking your savings. You need to consider the future responsibilities as well. So, don’t break your entire savings. Keep some for the emergency fund as well.

# Check On An Existing Debt

If you already have a loan, don’t get another loan. It will be an added burden on you.  Try to repay the first debt before applying for another home loan or any other loan.

Additional Read: Bajaj Housing Finance Home Loan

Read More