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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PBEL City : New Invest Option for Investors in Hyderabad to Invest In

Rapid infrastructural development has boosted real estate of Hyderabad. At the same time, residential townships such as PBEL City has made the city one of the most sought-after real estate destinations in India.

It is an integrated township in a strategic location off the Outer Ring Road (ORR) with the IT hub and the financial district in the vicinity. There are about 11 towers in this project out of which seven have already been handed over to the residents.  For one tower, the work of handing over has just started and three more towers have been launched.

PBEL City has been built on the principles of community life and no one needs to stay confined to the four walls. Several sporting events and cultural activities are organized here regularly for the residents to enjoy a vibrant life.

Spread across 25 acres, over 1800 apartments in this project are already booked and more than 1500 residents have already started living here. From the clubs run by the residents to various events, there are several opportunities for celebration.

Several facilities and amenities add charm to this township such as the swimming pool with a separate pool for the kids. The full-size glass walls of the gym lend an outdoor feel and the banquet hall with a 300-seat capacity is ideal for get together and weddings.

Also Read - How to Plan Your Real Estate Investment in Hyderabad?

To stay fit, the residents here can practice yoga and aerobics at a separate hall and the community pre-school and a daycare center keeps the children engaged while the parents are away at work. The supermarket inside the premises, separate parking area, parks, ATM, fire safety system, and the safety and security at the entrance are some of the other features of this township.

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

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