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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How First Time Home Buyers Can Hope To Achieve Maximum Returns?

Confused about how you can get maximum returns from the property you just bought!? Read this!

The government with its major impetus in the real estate sectors have exempted a notional amount of rent. In addition, it has extended the benefits under Section 80D of the income tax act. The tax regulation will seem to grant tax benefits while buying a house on home loans.

With news as well expressing new sudden hike in property tax till 2021 has generated an increased demand for residential properties. The effect of tax benefits and a stagnant rate of property tax have enabled several consumers to look for a luxurious and affordable option like that of Assetz 63 Degree East.

The idea of owning a house or a property may seem quite an exciting and a daunting proposition for the first time buyers. While figuring out what to do at first as well as determining the factors to keep in mind the experience gets overwhelming and confusing.

Whether you have set your eyes for Assetz 63 Degree East or any other options, a smooth and profitable experience is what everyone longs for. To ensure that you have such desirable experience here are some short tips:

-> First of all, relieve yourself from all debts. Property expenses are expensive ventures considering registration cost, renovation as well as document charges. It is best to clear off those debts beforehand.

-> Always be judicious while choosing the location of the house. If you have a tight budget at hand then choose a location that will come under your range.

-> An appropriate plan schedule while house hunting can be very efficient.

-> Always tally your options of financing.

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Why Pune is a Favourite Destination for Real Estate Buyers?

Pune is a booming city and the population is also increasing in the city for a number of factors. First of all, due to education and job opportunities, many students and professionals are settling down in this city. This has caused the rising demand for better residential projects in Pune.

But before anything, one has to choose the reputed property builders such as the Kolte Patil Life Republic. It is because of such leading developers one can find suitable living spaces in the city.

In order to know why buyers are inclined to buy real estate projects in Pune, let’s discuss in detail-

# Higher Education

Pune is a place that has very reputed schools and colleges where one can carry out their studies successfully. Especially, for higher courses, this city offers highly reputed institutes and colleges. From media studies to engineering, you can get lots of options here.

# Job Opportunities

The city offers different offices and field to work for. Professionals from other cities also find jobs as per their quality and academic qualification. It also has an IT park and various other types of job opportunities.

# Varieties of Projects

You will not just find high-end apartments and houses. The city also boasts affordable housing complexes and flats. You can find a suitable place as per your budget. Make sure that you find the best realtor such as the Kolte Patil Life Republic.

Always grab information in detail from the realtor’s website and then decide on the perfect buy.

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 Housing 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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Why Invest in Real Estate in Bangalore is the Best Investment?

Bangalore is the most popular and happening city in India, where millions of IT professionals make a great career for themselves. Be it living in Electronic City or Whitefield, or even if you travel onsite often, investing in real estate in Bangalore is the best investment you can make today.

After all, with properties like Provident Park Square and many others shaping up real fast, you have excellent potential to reap benefits for the investment you make today.

Steady Real Estate Market

Compared to the past, the demonetization and digital India has helped Real Estate industry boom like never before. The costs have drastically come down, and only those who have a solid income source can purchase them without using shady practices. It helps working professionals to invest.

RERA Helped Transparency

The best part about the Real Estate Regulation and Development Act RERA launched in 2016 forced builders to provide more transparency. Hence you can now know more about your property and where your money is being invested for long term benefits.

Better Property Choices

Provident Park Square and other approved properties are great examples of how development is being done for good property in Bangalore. They are located close to banks, supermarkets, shopping malls, and theaters so that you can access everything with ease.

Young kids and college students will have universities as well as schools located nearby so that the entire lifestyle is built around the ecosystem, which is the prominent location of the property you choose. It also has long-term value and helps the future generation.

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Manbhum Around The Grove- Best Real Estate in Hyderabad for Investment

If you are looking for a property in a widely developed city like Hyderabad, then you good options to invest on. However, intelligent investment is really essential, especially in the property like Manbhum around the Grove. If you are a seasoned investor, then it becomes essential that you do good research about the same. When it comes to investment, negotiation plays an important role. Bette the negotiation, better is the deal.

Here are a few things to consider when negotiating for a property deal in Hyderabad-

Check the property trends-

It is important that you check the property trend in Hyderabad. The real estate sector keeps fluctuating regularly. So staying updated with facts, numbers and other aspects of real estate are really important.

Setting up the long term goal-

Do consider the long term investment goal. If you are buying a flat in Manbhum around the Grove for investment purpose, then you must consider it as financial yield. If you want to buy a home in Hyderabad, you should look at getting a home loan from a lender with flexible terms and a long repayment tenure.

Keeping price in Mind-

Always keep the price in mind so you get the desired result. A bad deal is where the buyer and seller won't arrive at the desired price. However, you can be flexible in terms of pricing.

Negotiation is something that you should be good if you want to invest in the best property in Hyderabad. Hire the right real estate dealer who can help in getting the best deal.

If you want to invest in property and want to buy home with property loan and want to know about how to apply for Loan against property then you must visit Bajaj Housing Finance official website.

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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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Choosing the Right Bank or NBFC to Invest on GKRS Palacio

These days, finding a home loan is much easier because more and more people are investing on homes. However, one of the major tasks is to find the right financial institutions that can offer low interest rate on home loan. Banks who offer home loan look for various factors like financial status, tenure, home loan rate, etc.

For instance, if you are investing in a property like GKRS Palacio, Hyderabad, there are banks that are ready to offer loans.

The most important thing to consider is to choose the best bank for home loan-

The ROI:

This is the foremost thing to consider when looking for a home loan in the bank. Compare the ROI of different banks so you can apply accordingly and look for the right bank that will help in enough saving.

Sanction Period:

This refers to the total time taken by the lender in sanctioning the loan. There are situations when the bank may take weeks to sanction the loan, and you may end up missing the flat. So do check the sanction period of the same.

Floating Rate vs Fixed Rate:

When you are choosing the bank, floating rate and fixed rate do matter a lot. Floating rate varies according to the market. It may go down or my rise up. Fixed rate, is always fixed. If you have a stable job, then fixed rate is the best to go for.

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How to Own a Dream House in Bangalore?

Indian real estate sector has experienced high growth and demand in Bangalore. This city has gained great attention from property seekers. This is due to the growth in the area due to the IT sector and other start-up industries. Properties in this city are available at an affordable rate that attracts investors and people to own dream home.

With the increasing population of professionals in the city, the demand for real estate property is high. Real estate developers are also providing real estate projects like Assetz Marq and others that fulfil dreams of people to own affordable house.

Here are a few tips that will help an individual to select the right home with modern amenities at an affordable price. Bajaj Housing Finance Home Loan provides the needed finance facility to people who fall short of money to own dream home.

Identify the location: Location of property definitely defines the rate, appreciation and increase in the demand. Look for Assetz Marq as it is located in a popular area with the best connectivity to other areas of Bangalore.

Prepare a financial plan: Before you select the property, analyse your budget and look for the best options in the market that can provide you with the needed finance. Manage the expenses, have the best plan and other expenses.

Know your needs: Before you buy property in Bangalore, it is best to look for the property as per your needs. For this, analyse your needs, amenities and prepare the checklist. Look for the facilities you wish as this will definitely add up to the overall price of the property.

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