Benefits of Purchasing Property in Thane Now!

Mumbai has become rather difficult for most middle-class home buyers owing to limited space and ever-increasing prices. As such, an increasing number of people have begun shifting their focus to Thane as it is very conveniently located and is affordable too.

Further, Thane is a well-planned city and has all the latest infrastructure to cater to the needs of the modern-day buyer. This is why it has become a suitable choice for salaried class and first time home buyers.

Some of the top benefits of investing in real estate in this city are as follows -

-> Connectivity

This is one of the biggest considerations for any home buyer. People are ready to compromise on living away from the city center if the connectivity options are good enough. Thane has excellent connectivity with the rest of Mumbai by roads like JVLR, Mumbai-Nashik Highway, and SCLR to name a few.

Apart from this rail connectivity is also excellent with Central Railways connecting Thane and Mumbai via the Central Harbour Line and Thane-Panvel Rail Line. There are also plans for building metro connectivity which will further reduce travel time and pressure on the existing transport networks. Owing to such connectivity options, several societies such as Unnathi Woods have come up in Thane in recent times.

-> Job Opportunities

Many people do not know about this but Thane contributes significantly to the economy of the state and this is expected to grow manifold in the future. Their many business hubs which have come up in Thane and owing to its proximity to business districts in Mumbai, Thane has become the top choice among investors in recent times.

Finally, there several financial institutions which provide home loans at very affordable interest rates. This means that repaying the loan is no longer a burden on the borrower. This is also aided to the real-estate boom in Thane.

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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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Take Advantage of RERA & Buy Your New Home Today!

No matter how good your running income is, there is still a high possibility that you would be going for a home loan while buying a new property. While taking a loan, you should be aware of RERA as there are multiple benefits that a buyer can avail from it.

Whether you are buying a home in Provident Park Square or anywhere else in Bangalore, here is what you must know: -

-> RERA stands for Real Estate Regulatory Authority Act, which was implemented in May 2017 to prevent the buyers from getting cheated by the property developers and hear their grievances.

-> There is no transparency between the developers and the buyers of the property. The developer is now required to update the buyer with the progress made in the construction. All the projects have to be registered before they are started so that there are minimum chances of fraud. Provident Park Square is known for its timely registration and for following all the guidelines laid down by RERA.

-> With an increase in transparency, the demand for the property has significantly gone high, which has made the prices go down considerably. Therefore, it is not a big task to own a home now.

-> RERA strictly ensures that no fake promotions or false promises are made to attract a large number of buyers. Only those facilities can be highlighted that can be delivered as per the plan and availability of funds.

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Factors that You Should Consider Before Investing in a Real Estate Property for High Returns

Real estate investments have gained popularity among investors in recent times. Not only it guarantees fixed security on your investment, but also provides high returns and regular income opportunities. Having said that, it’s important to pick profitable properties for investing in, laced with all basic facilities and modern amenities.

For example, you can buy 1BHK or 2BHK flats at Majestique Rhythm County, located at Handewadi in Pune, by investing less than Rs. 40 lakh. However, before going on with any sort of investment, you should gauge your financial capabilities to make sure the additional expenses would not hamper your monthly budget.

It’s also important to understand the type of property in which you want to invest. Usually, residential properties are considered as the safest bet by most real estate investors as the returns are almost guaranteed. The location of the property in which you’re investing also play a crucial role in determining the profitability it can generate in the future.

Also, you should conduct thorough research before buying a plot or an apartment. Make sure that it has all basic facilities and modern amenities so that it will attract potential buyers in upcoming years.

Additional Read: Top reasons why you should plan a home purchase early in life

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Real Estate Investment Guide for Beginner's

Real estate sector is witnessing a positive trend in India. Modern housing projects like Pacifica Hillcrest have spurred the demand for real estate properties by providing a luxurious lifestyle at affordable prices.

The increased demand is not only on the account of residential properties. In fact, commercial properties in India are also witnessing a big upsurge in it its prices. As a result, investing in real estate has gained prominence among all types of investors. For beginners, it is essential to understand the nitty-gritty of the real estate market and how to start with the investment process.

Buying a property can be overwhelming but managing it can be a daunting task. Once you are sure about the investment decision, you should research about various aspects of real estate investment and learn about the legalities associated with it.

After you’ve understood the market dynamics of real estate, you need to figure out your objectives for investing in it. Following which, you will be able to set your investment goal. Backed by skilled knowledge, you should then sort your finances and acquire the property. After getting hold of the property, a device the exit strategy for your investment.

Additional Read - Real Estate Investment: A Ultimate Guide For Beginners

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Is Buying Home in 20s is a Smart Decision?

Getting out of college, fresh and dreamy-eyed and setting your sights on an exotic residential project like Pacifica Hillcrest can be an exhilarating experience. You want to live a life of your dreams but aren’t sure if you want to commit to the grind of paying the home loan EMIs while you’re still in the 20s. However, it can be the perfect time to buy a house, especially in the IT hub like Hyderabad, where the real estate prices are always on the rise.

You can benefit from making an early purchase at an economical price rather than buying an overpriced asset. Similarly, there are income tax deductions that you can avail in connection with your home loans and the housing property that you’re buying. Besides, there is always emotional security in purchasing a house at an early stage.

Also, at this age, you’ll not have financial responsibilities which means that you can divert a large chunk of your income towards the repayment of home loans. This can be a difficult task in later stages of life when you’re juggling with too many financial obligations related to your family.

Also, the sooner you buy, the wider will be the gap between the cost price and the selling price of your house. This will increase the scope of gaining healthy returns by selling your home in the future or enjoy an additional source of monthly income in the form of rent. On the other hand, paying rent for your house will be counted as a pure expense without any long-term benefit.

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Hot-Selling Housing Projects in Pune that You Must Check Out!

With many IT companies mushrooming in the city, Pune has emerged as a coveted real estate destination in the country. With an increasing influx of job-seekers from around the country, the city is poised for broader growth and the property prices are expected to rise further.

Locations like Keshav Nagar, Hinjawadi, Undra, and Wagholi have emerged as favorite destinations among the real estate investors in Pune. Mantra Insignia, coming up at Keshav Nagar is remarkable in terms of location and the amenities offered. It has received good reviews from its patrons.

You can also check out various other hot-selling properties like Vilas Javdekar at Hinjewadi, Godrej Greens by Godrej Properties, and Kolte Patil Ivy Estate, etc.

To ease the process of buying a house in India, many lending institutions have started providing home loans at competitively priced interest rates, along with many additional features and benefits. It’s a prudent idea to compare home loan offerings from different lenders before choosing the one which caters to all your demands and requirements.

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Why PBEL City Hyderabad is the Best Choice of Investors?

Hyderabad has been a dream destination for real estate developers. With the state government focussing on infrastructural projects in the city, real estate will be in great demand in the city in the upcoming years. The city offers tremendous opportunities and there is a huge influx of qualified professionals coming in from various parts of the country.

PBEL City in Hyderabad is a project launched by Incor Infrastructure in partnership with L&T. The brand names of both these companies spell quality. This upcoming project in West Hyderabad is strategically located to give access to the Hitech City, Gachibowli and the Rajiv Gandhi Airport. It is spread over 25 acres and offers spacious apartments of the highest quality.

All the residences are Vastu compliant and the buildings are designed to be earthquake-resistant. The interiors boast of the best in terms of fittings and sanitary ware. Besides, there are many modern amenities on offer including world-class sports facilities. There is a sprawling clubhouse that offers many superior facilities.

PBEL City is not just a place to stay; it is a place to unwind. From the investment point of view, it should be a wise choice to purchase an apartment in PBEL City, Hyderabad. The place is poised for great development in the upcoming years with many infrastructural projects on the anvil.

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Is it Worth to Buy a New House in Bangalore?

Bangalore, the Silicon Valley of India, has many national and international high technology companies located in it. The demand for residential properties in Bangalore has seen a rise as many people are moving to the city in search of better job opportunities. The favorable climate makes Bangalore one of the better cities in India for living.

The city is also known for its excellent infrastructure. It’s well-developed road and rail network offers seamless connectivity between the IT hubs of Bangalore and the suburban locations. The city is seeing a tremendous amount of growth in the sector of real estate.

Bangalore has many modern housing projects which offer top-notch amenities with affordable rates. 

For example, Provident park square located in Kanakapura road. It offers 1, 2, and 3 BHK luxurious apartments with modern amenities like clubhouse, basketball court, outdoor play area, party halls, jogging track, etc. at budget-friendly rates.

Kanakapura road is very close to the proposed Vajarahalli metro station, which will make traveling easy for the residents. You can easily find a 2 BHK apartment in this area at affordable rates of around Rs. 30 to Rs. 50 lakh.

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Things To Know To Start Real Estate Investments

One of the tried and tested methods of investments in real estate investment. It is ideal for almost any kind of buyers.

Besides projects such as the GKRS Palacio and other reputed residential constructions have only paved the way for more number of real estate investments. But before you take this route there are few things to understand.

• With time real estate always see steady growth. So one has to wait to see its profit. It is a long term investment option that fetches great return over time. One has to wait for 5 years at least after buying a property to see any great changes in the real estate business. 
• Market research is essential. With proper research work, you can finally be able to find the best deal in the market. Also, make sure that you follow the online resources too about both sellers and buyers. Real estate investments require knowledge and adequate research is the first step.
• Always try to get first-hand information from the existing buyers or sellers about a project. That way you can have the best information and gather tips. 
• Managing your finances is very important. One has to have a good funding option always ready to invest in real estate. The best way is to avail a home loan.

Be it a lavish project like the GKRS Palacio or an affordable housing complex, buyers must focus on the most suitable deal in terms of the price tag, amenities, location and additional benefits.

Take your investment planning towards success with these simple tips.

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