It is everyone’s desire to be their own home and live happily with their family. However, money becomes an important factor to complete this dream. It is always the right time for you to buy a dream home, if you have enough money. With the adverse effects of GST and demonetization, property rates are currently down. So, the perfect time is now for making an investment move to own a sweet home. Apart from that, following are some other reasons to consider, why an investment now will be beneficial for you.
Tax Benefits
It is better to make an investment now to buy a home as the government has made few changes in the tax provisions. Your home loan interest up to Rs. 150,000 and a principal amount up to Rs 100,000 is eligible for tax breaks every year.
Home is not Once in a Lifetime Event now
Our ancestors used to think that build a house with lifetime’s hard work and savings and then nothing to do about it the rest of the life. But the modern generation thinks differently. With heavy incomes and big savings, they get bored with their old addresses and surroundings and looking for a new and better location.
Increasing Rents
Increasing rent from time to time makes your savings down and slow, while by adding some extra money in that mounting rent you can pay the instalments of your new home.
Property Prices will only Rise
It is not going to be happen that if you are thinking to buy a home when property rates will go down. Because with every passing moment, property rates will only going to increase.
Easy Home Loans
More benefits and flexibilities for home loan borrowers makes the loan procedure easier and you can buy home now on EMIs in a smoother way. Your Biggest Asset.
It is certain that property rates will sky mounted in the coming future. That is why your home will be your biggest asset in coming time.
Bangalore: A Perfect Destination for property Investment
Among the top 20s in leading investment destinations globally, the IT capital Bangalore has surpassed both Delhi and Mumbai. As the real estate market matures handsomely in this city, the barometer crosses all the previous records related to market liquidity. Bangalore has the highest commercial space absorption in the country. An investment of 120 crores at Electronic City in South Bangalore will make it more glorious and a centre of attraction for the property seekers. The commercial infrastructure of the city is also growing every day with the development of new IT parks.
An Outstanding Project is coming at Mysore Road, Bangalore
With the motto of ‘Building Tomorrow Today and Believe in Excellence’, the Pride Group is presenting their newly launched residential project Pride Enchanta. Located right opposite at Nayandahalli Metro Station, Mysore Road, the project has a seamless connectivity with Outer Ring Road and other major highways. The 430 units of 2 and 3BHK luxurious apartments are sophisticatedly designed. Spread over 4.5 acres of land, the project is near completion and will be available soon to move in. The prices of each of these units are beginning from Rs. 73.50 lakhs onwards.
The township is a host of modern amenities including swimming pool with Jacuzzi and baby pool, landscaped gardens, jogging track, multi-purpose play court, amphitheatre, gymnasium, indoor games, kids’ play area and many more. Facilities like security with CCTV, 24x7 water and power back-up etc. are also available at the premises.
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