Is Buying a House Better or Renting?

Choosing the right home for yourself and your family is a life-altering decision. Whether you decide to stay on rent or buy your dream house, there would be pros and cons.

Here is what you must think before making a decision:

-> Rent versus EMIs: You can do your calculations on the difference you need to shell out if you choose to buy instead of rent.

-> Look at the property appreciation trend in your area and see it looks like a good investment.

-> Introspect your personal goals, typically if you move cities every two years renting might be a better choice.

When you wish to settle in the city of dreams, Marina Enclave Malad by Gurukrupa developers can be a wise decision. The project is spread over 11 acres of land and consists of 18 towers with 21 residential floors each. It offers 1BHK, 2BHK and 3BHK flats. The flats are spacious. The project also has several parks for children to play in.

Marina Enclave is situated in Jankalyan Nagar, Malad West in Mumbai. It is surrounded by high profile schools, colleges, and a shopping mall. It is well located also because it is only 4.5kms from the Malad station and has quite some hospitals around it. They have amenities that will cover most of your needs and wants.

They provide us with a crèche area, a gymnasium, a swimming pool, a mini theatre, a banquette hall, among various others. The podium level is used as an ample parking space. Several financial institutions like Bajaj Finserv Homes & Loans will offer you home loans on the lowest interest rates that could be suitable for you, which can make buying a home as easy as renting.

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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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Best Real Estate Projects in Thane for Investment

There has been an enormous rise in the number of real estate projects that are coming up in the city of Thane. Among several new projects that are presently underway, Unnathi Woods is a venture that has changed the entire real estate scenario in the city.

Commonly known as Raunak Unnathi Woods Phase VII, the residential apartments here offer you a wide range of amenities that contribute to wholesome living.

Some of the amenities that you can enjoy here are:

• Plush garden and play-areas
• Clubhouse
• Constant CCTV surveillance and a high level of security
• Gymnasium
• A swimming pool
• Uninterrupted electricity with a 24-hour backup 
• Constant water supply and 
• Efficient fire-extinguishing system

This project also has the provisions of harvesting rainwater, using solar energy for heating water and proper treatment of drainage as well as sewage. What makes Unnathi Woods more lucrative is its location. Situated in Ghodbunder Road, this project is surrounded by hospitals, schools, colleges, recreational places, and large markets.

Thus, if you are on the lookout for a living space that affords you a marvelous view, good connectivity, and great opportunities, then Unnathi Woods should be your first choice. You will have the options of single-bedroom and double-bedroom apartments. For easy purchase of an apartment, you can conveniently avail home loan under Bajaj Finserv Homes & Loans and enjoy the luxury of a great lifestyle apartment.

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Top Real Estate Projects in Mumbai

Mumbai ranks amongst one of the most sought after cities in the world in terms of real estate. With many new projects coming up, selecting the best can be a doting task. Here are a few great projects you could choose from:

1. Kalpataru Paramount:

The 5-acre widespread project is situated in Yashashvi Nagar in Thane. The project is in the heart of the city and facilitates a three side open plan. Each building has 33 floors and 2BHK apartments. The project comes with a host of amenities like Swimming pool, a kickboxing area, an efficient security system, and more.

2. Lodha Palava:

The Lodha Palava City is spread across 4,500 acres and is home to 29,000 families in the Dombivli East. The urban life rush is minimal in this area and is comparatively peaceful than the rest of the city.

A clubhouse, a gymnasium, a library, a theatre and good schools in the locality, are some of the big positives for the project.

3. Aadi Allure:

The project is located along the Kanjur bay, surrounded by green mangroves. The project is amazing in terms of connectivity; that of roads, rail, and the airport. The project has a very modern architecture and extends an array of amenities that include a clubhouse with a steam room, a fitness center, and an indoor games room. You get to choose between, beautiful 1BHK and 2BHK flats.

4. The Luxor:

This project is developed by the Sangam Lifespaces LTD, in Goregaon West. The project offers 2.5BHK, 3.5BHK, 4BHK, and 6BHK flats as per the pockets and requirements of the customer. The project is built keeping in mind modern technology and premium design architecture. It also offers other facilities like swimming pool, cricket pitch, clubhouse, and a variety of other amenities for a luxurious living.

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Interested in Purchasing Real Estate in Pune: Here are the Top Projects to Check Out!

While these are some of the best and more affordable selections of real estate in Pune, you can also consider Yashwin Hinjewadi, Raheja Vistas, Rohan Abhilasha, and a host of other developing and ready-to-move-in options within the city. That said, never let finances slow down your search as Bajaj Finserv Homes & Loans offers easy to procure home loans at affordable interest rates; thereby rendering convenience to the entire process.

Before you start looking for affordable and credible real estate in Pune, it is necessary to consider the growing popularity of this city— courtesy the massive influx of working professionals, students, and entrepreneurs.

As Pune is one of the more sought-after cities in Maharashtra, it is only appropriate that we enlist some of the more anticipated properties, pertaining to the same.

Keshav Nagar: Mantra Insignia

If you are interested in gaining some sort of local advantage, Mantra Insignia is probably the right project to invest in. Moreover, it is also located strategically i.e. directly linked to the famous Koregaon park, which is one of the prime locations of the city.

Although one can toggle searches between apartments of diverse sizes i.e. 1BHK, 2BHK, and even 3BHK, it is the extensive range of world-class amenities like jogging tracks, landscaped gardens, and gymnasium that come across as the major selling point.

Godrej Greens

You can certainly consider investing in this project by Godrej Properties if the brand name is of some concern. Apartment choices, however, vary somewhere between 760 to 1255 square feet.

Ivy Estate

This Wagholi based project comes forth with 816 housing units with apartments size ranging anywhere between 905 to 1830 square feet. You must consider this project if connectivity to certain strategic parts of the city i.e. selected IT hubs and Central Pune is a priority.

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How to Choose the Right Floor in the Residential Projects of Thane

Choosing a property is a lot of work and a simple miscalculation can lead to a situation where you might be spending on something that is not at par with your requirements. Read this post to avoid such instances.

If you are all set to buy one of the residential projects in Thane, for example, the Pacifica Hillcrest, then you might find several of those projects distributed across the nearby towns and major areas of Thane.

If you can a moment to spare, then go through some of the Pacifica Hillcrest reviews or reviews of several other projects as you might be able to have a proper understanding from such property listing websites.

A situation may come where you might be having a certain confusion on choosing the right floor. Even after you have set your mind for a particular property in Thane, your steady mind can get muddled up while trying to choose the proper floor.

To settle your mind in such times of perplexity, here are some tips you can go through that will enable you to choose the perfect floor in the housing project of Thane.

-> First of all, you must put a bit of emphasis on a proper view. It is wise to opt for a higher floor in a high rise residential building as you will get a better view of the surrounding.

-> As much as the Pacifica Hillcrest reviews have pointed it out, you should think of purchasing a residential house as an investment. To command, a higher return price for renting or leasing you must stick to the lower floors.

-> Purchasing the higher floors is ideal for those who wish to have privacy and stay away from the congested noise.

-> For those trying to save time without waiting for an elevator can do so by sticking to lower premises.

You must also take light and ventilation while looking for floors. Compared to the upper ones the ground floors have limited light and ventilation.

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Is Investing in Real Estate the Profitable Decision?

Are you looking to own a home or invest in a property that can provide a steady return in the long-term? For this, Prestige Misty Waters has emerged as the best property that is best to make money and is attracting investors. You can invest now and after a few years, you can sell to get great profit.

Bangalore is attracting investors to invest in real estate as this is the most profitable way to grow your money. Currently, the infrastructure supports the growth of property and people looking for a permanent home in this city over rent. The property market of India is volatile and is experiencing an increase and decrease in property value.

The property of Bangalore is experiencing a good appreciation each year and proving as the best time to invest in a dream property for a better return. Just look for the prime property that can provide you with a promising opportunity to get a better return.

If your search is for the luxury apartment that can offer you a great investment option for long term profit, Prestige Misty Waters is the best option. Bajaj Housing Finance provides a home loan to investors to support them financially with decent tenure and interest rates.

Must Read: Bajaj Housing Finance Home Loan Interest Rate

This is definitely the right time to invest in a property that can help you to save tax, experience better return on investment and get easy and affordable property. Just look for the available real estate options and look for the property to get a better investment.

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For Maximum ROI Which is Better Option – Rent or Buy a Home

Are you relocating to a new place in search of a better career option? It is necessary to have a home to live. There are two options – buy a home or rent. When you think to buy a home, you block a lot of money on a self-owned home and in case of rent, you play a major part in your income for a long period and overall reduce your savings.

In general, paying rent for the Prestige Misty Waters is much higher than you buy the property for the long-term. It is best to analyze and compare these options and know which one is better as per individual needs for maximum return on investment.

Home loan vs rent

A home loan is always higher than the rent paid. This saves you money that can be invested to get a decent ROI.

Cumulative cost comparison

When you buy or rent a home you need to incur several costs. When compared for the long term and appreciation of the property, most of the time buying a property is a better option. On the other hand, if you wish to stay at a pace for the short term, then renting is a better option.

Return on rent vs house ownership

The EMI you pay for the home loan is definitely higher than the rent you pay. However, payment made on a home loan is considered as an investment and provides a healthy return on investment but there is no return from the rent you pay.

Bajaj Housing Finance provides the best home loan at lowest home loan interest rate to buy a property in Prestige Misty Waters and pay the feasible home loan in EMI to enjoy maximum return on investment in the future.

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The Future of the Indian Real Estate Sector

Bangalore is one of the most favored cities when it comes to real estate investment and houses stellar projects like the Provident Park Square. Ample job opportunities, IT parks, Sprawling landscapes, and amazing weather have all contributed to the growth of real estate in Bangalore. Projects like Provident Park Square offer best in class amenities at affordable costs.

Here are a couple of factors that shall impact the real estate in the near future:

1. Government initiatives:

The Government is coming up with the new policies and reforms to help build transparency in the real estate sector. One of the significant initiatives piloted by the Indian government is RERA act (real estate regulatory authority). Apart from this government has introduced GST (goods and services tax), Benami act and more reforms to boost the confidence and trust of the home buyers.

2. Growth of Tier II and tier III cities:

Government is increasing earning capacity and job opportunities for the masses. As a result, there is more demand for residential and commercial properties in tier II and tier III cities.

3. Increase in direct foreign funds:

100% of foreign investment has been approved by the government of India in the sector. Now, foreign nationals can acquire a property in India without the permission of RBI; this step is expected to create a better future for the real estate sector in India.

4. Development of new sectors:

Government is intending to create new sectors such as student housing, townships, plotted developments, etc. The new spaces offer a lucrative opportunity for investments and returns.

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How to Choose Between a Plot and an Apartment?

In today’s age, there is a massive conflict between the real estate investors for choosing between the plots and the flats. On the one hand, when the plots serve as a perfect opportunity for building your dream house, on the other hand, buying a ready-to-move-in apartment saves both time and cost.

This is the reason why there have always been so many complications in choosing the perfect real estate property for yourself. Moreover, when it comes to Hyderabad, everything is just escalated, thanks to the flourishing city in terms of the real estate market.

So, let’s have a look at whether the famous gated PBEL city in Hyderabad is best or a large empty plot will be suitable for you-

1. Appreciation Value

The best part of buying a real estate property is the associated appreciation value. This means that after a few years, the market value of the land or the flat will rise. Thus, while considering the appreciation value, choosing a plot is better.

2. Rental Income

When it comes to rental income, obviously flats in PBEL city in Hyderabad will earn you more as compared to the plots. This is because plots make lesser rents owing to the inability.

3. Flexibility

Now, in terms of flexible options for your dream house, plots are way better than the apartments. You can only decorate the interior of the apartment, but in the case of a plot, you will have more flexibility in designing the entire architecture.

4. Financial Assistance

Loans for buying an apartment can be easily availed, but the same cannot be said for the plots because most of the financers try to stay away from the risks associated with buying the plots.

5. Possession

Taking possession of the flats in Hyderabad will take time, depending upon the market. On the other hand, plots are readily available for possession.

If you are planning to fund your real estate investment with a home loan, make sure to check and compare different home loan products offered by various lending institutions. For example, with Bajaj Finance Home Loan, you can get many exclusive features such as doorstep services, in-person assistance, flexible repayment options and much more.

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