Navi Mumbai Or Thane: Which Place is Good for Your Investment?

Thane has an old-world charm and has established infrastructure for over 25 years. Navi Mumbai is a rapidly growing city and still has a long way to go. Both Thane and Navi Mumbai are serious contenders of each other as far as cleanliness is concerned. Improvements in roadways and railways are expected to ameliorate the transportation facilities.

Navi Mumbai is rapidly becoming an attractive real estate destination due to a large number of infrastructural projects. In contrast to Navi Mumbai, Thane offers a wide number of premium flats and cooperatives. Projects like Mahavir Kalpavruksha Thane offer a number of premium apartments at affordable costs.

When we compare the cost of living in both these cities, Navi Mumbai scores over Thane since it is relatively new. But with rapidly developing infrastructure, the property rates are expected to witness a good upsurge in Navi Mumbai as well as Thane.

Both Thane and Navi Mumbai have their own share of benefits when it comes to investing in property in areas slightly away from the main city. There are numerous facilities and attractive real estate projects for both these locations. Based on your financial health, location preference and requirements, you can decide which city you want to put your hard-earned money.

Additional Read: Best Real Estate Projects in Thane for Investment

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How Investing in a Property a Good Idea?

Apart from salary jobs and businesses, nowadays, people are now looking for an alternative source of incomes like blogging, affiliate marketing, network businesses, and even real estate investment. Now, often you would think why investing in a real estate property is a good idea.

Actually, in this market, properties are becoming a great source of income since every person is in dire need of a house to stay comfortably. And as it is not possible for everyone to buy a house, it’s better to take one on rent.

Also, some people invest in real estate properties in tourist places. They too are a great source of income. But before you invest in high scale properties like Accurate Wind Chimes, and others.

You need to know why investments in real estate property is a good way to earn more money.

IT GIVES A STEADY INCOME

With real investments in properties, you can earn a lot of money, provided you are putting good use of the concerned property. Renting them out is a good option because, in that way, you can have a steady income every month. Also, if you are owning a resort for holiday Villa infamous tourist locations, then the earning will be doubled.

INVESTING IN REAL ESTATE WILL CURB THE TAX

Though it is somewhat new to most of the investors, real estate property investments can reduce the tax greatly. Often to buy a new home, you take home loans or personal loans. As a debt will be added under your name, the tax that you had to pay otherwise will be reduced.

MORTGAGE REPAYMENTS CAN BE DONE

If you have kept your property as a mortgage, you can easily pay off the dues from renting out the property or by reselling it, even though the first option is preferred.

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A Guide for First Time Home Buyers in Bangalore

Buying a house is possibly one of the most vital choices a person makes in their lifetime. Bangalore with spectacular infrastructure and ample job opportunities is ideal for real estate investments.

Here are a few helpful pointers to keep in mind, while looking to buy your very first property:

1. Understand Paying Capacity

Purchasing a home can become easy if the person has a stable earning source so that he can pay off the EMIs, without any major compromises in lifestyle. Introspect and compute your own financial situation and buy a property that fits your budget. Explore good projects in Bangalore that are affordable yet luxurious, like the Sobha Dream Acres.

2. Commute Time

Bangalore being a hub of jobs definitely needs a lot of time-saving, and what is better than living nearer to your workplace. Invest in properties like Sobha Dream Acres, that are close to IT parks and help you save time and money on commuting.

3. Searching for the apt bank

As a new home buyer, you may not have the time and energy to follow tedious and time-consuming loan processes. Opt for a bank that offers a home loan that is affordable and has a hassle-free home loan approval process.

Sobha Dream Acre Project at promising residential location i.e. the outer ring road, Bangalore. ORR offers great connectivity to the airport and houses some of the biggest tech packs in the city.  The project offers the choice of 1 BHK, 2BHK and, 3BHK large homes apt for nuclear families.

The project offers facilities like swimming pool, volleyball court, and more. An amazing Clubhouse, jogging tracks are all there for a comfortable living. In house crèche, clinic, coffee shops, guest rooms, dance room, the project has everything you can wish for.

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