Why it is a Smart Decision to Buy a Home in the 20s?

Many Indians complete their education and start working with a good paymaster by mid-20s. Here are a few reasons that make investing in a home early on in your career a great choice:

- Real estate in tier 1 cities in much in demand:

Owing to the increasing business activities, cities like Hyderabad in the past have enjoyed steep rising demand for homes. Flats in Hyderabad for examples saw an over 30% increase in demand between 2013 to 2017. Chances are that property in these cities will stay in demand in many more years to come.

- Inflation:

The prices for all good residential properties in Tier 1 cities are steadily rising, many times higher than inflation. If you buy an apartment early in your career than later, chances are high that the appreciation will beat inflation over time.  Tax rebates on the interest of home loan add up to the benefits of home buyers.

- Fewer commitments:

When you buy an apartment early, you will be able to pay it off earlier since your commitments on the family front are limited. Buying a home becomes more difficult when you have school fees to pay and many other expenses skyrocketing by the day.

- Rent versus EMI:

The rentals for flats in Hyderabad, Bangalore, etc. Can be really high. While paying the rent may seem an easier option it is not necessarily a better option. Paying rent is like an expense, on the other hand, when you take a home loan and pay EMIs at the end of the tenure you become the owner of a property.

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Benefits of Buying Apartments in Hyderabad at a Glance

Hyderabad is one of the best places to live for people who hate the hustle and bustle of city. The city is peaceful, rich in culture, and the food is absolutely amazing. The best part, it is the city is in the race of becoming one of the biggest IT hubs of India with IT companies like Microsoft and Infosys having their corporate office there.

Therefore, if you really want to invest in real-estate, you should surely consider Hyderabad. Take a look at the primary benefits of buying luxury apartments in Hyderabad.

Community Living: Living in a villa with no to very few neighbours is definitely great, but having neighbours is an essential requisite for a happy life. Living alone in an area can get boring for people in your family, especially the women and children, if they don't find people around them. That’s one reason why living in gated communities is better; you’ve a lot of good neighbours to be there for you in your thick and thin.

Appreciation of Property: The property value appreciation rate, owing to the tremendous amount of development going on, is definitely going to witness a considerable upward trend in the next few years.

Celebration: Hyderabad gives you the opportunity to live alongside people from different cultures, and celebrate each Indian festival with an equal amount of joy and happiness.

Cleanliness: The builders here go the extra mile to maintain cleanliness and housing societies such as Alekhya Homes offer maintenance as an amenity instead of a mandatory expense.

Also, investing too much of your savings can cause a strain on your budget. It is thus suggested that you opt for home loan in order to lessen the burden of payment and repay the loan as per your convenience. Bajaj Housing finance offer low interest home loan. before availing you can calculate EMI by using Home Loan Calculator. 

Bajaj Housing Finance is the best option to finance your house.

Additional Read: How to Find Your Dream Home in Hyderabad

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