Investing in residential property is a safe option and can give good returns in the medium to short term. Since investing in residential property will cost a great deal of money, it is likely that you will be taking a home loan. It’s quite easy to apply for and get a home loan sanctioned these days. You also get various tax benefits, for example, deductions under Sections 24, 80C and 80EE....
#6. CREDIT RATING WILL GO DOWN: Confused between buying a house vs. renting a house? Well, you need not be because buying a house is far more advantageous than renting a house. Moreover, with the easy availability of home loans at affordable interest rates, you need not worry about arranging funds for buying your home. You just need to contribute around 10-15% of the cost of the...
Are you planning to buy a beautiful flat or Villa of your own? You are not alone. Housing launches have increased by 75% over the years. The Indian real estate market is expected to hit the 1 trillion by 2030. An increasing number of young couples have understood the importance of investing in their own space to escape nosy house owners and sky high rents. But wait. Before you go...
In our previous blog post ‘Buying a new apartment or villa,’ we brought up some important guidelines that would help you buy your new home. With the number of new homeowners increasing every day, your new experience is nothing short of an adventure. The beginning of adventures is always a blend of fear and excitement. And to address those fears, we have compiled the perfect checklist!Are you in the...
The rate of development in Kelambakkam has astonished many property experts in Chennai. Located along the Old Mahabalipuram Road (OMR), Kelambakkam is the Southern Gateway to the great city of Chennai. This sleepy little suburb has come of age in the last few years, and today it is staking its claim at being one of the fastest developing residential areas in close proximity to Chennai. Property...
Millennials often get a bad rep for not managing their finances properly, this generation is often labelled as careless and not having enough knowledge to handle even house loans properly. But surprisingly many are already homeowners. As per recent reports Millennials are considered to be the largest group of home buyers currently. CBRE (real estate and investment firm) has conducted a survey which...
Property investment is one of the most important decisions to be taken in any household and everyone has their own parameters on which they grade their dream home. However, a few aspects are given more importance by home buyers. And the most important parameter that most of the modern home buyers take into consideration is the vicinity to the Public Transport system. When buyers decide to purchase a home,...
When searching for a property, you are likely to come across several new residential projects in Chennai. So, how do you decide which one is the best for you? Well, there are some key factors you need to consider in order to select the right property. The right choice will also depend on your specific needs and preferences. To make things easier for you, here are 10 ways to select the right choice from...
Real estate is a great sector to invest in. The price of the property tends to rise over time and proves to be a good investment option. Besides, it can generate an ongoing income source. Before you jump into the realty market, it is important to be sure about the investment. Here are some factors you must keep in mind in order to get the maximum out of your property investment 1. Plan out all your...
