If for all these years you have been keeping your fingers crossed and expected your bank to reduce the home loan rate of interest, probably this year is favourable for you. Several leading financial institutions and banks have cut home loan rates with cheaper EMIs to facilitate easy home buying. Before you hurry up and act bluntly, it is advised to check out this blog just once so that you do not repent after purchasing the home.
People often become impractical while buying home. You must have come across families who buy lands, make their own house, which is obviously bigger as compared to a 2 or 3 BHK flat. Bigger homes may sound good, but people who live there, understands how much it takes to maintain a bigger house. Let us consider an example of a nuclear family in Kolkata, with four family members – parents with two kids. As the children grow up, their jobs compel them to leave their parents and relocate to another state or county. Due to this, the entire responsibility of home maintenance is on the aging parents. Financial troubles, scarcity of manpower and lack of physical strength make it difficult to maintain a big home in the long run.
Think Long Term and Invest Wisely
If you earn decent money with some amount kept aside for monthly installments, then it is wise to choose a comfy apartment that fits your financial capability. Purchasing a house is one of your biggest investments and to most of the people it is a long term financial burden, if you are paying the EMIs. Therefore, it is wise to determine your financial picture beforehand and settle down for a flat in a prime location that you would be comfortable with.
Benefits of Investing in a Compact Apartment at Rajarhat
Think long term while deciding upon what kind of apartment to be purchased. Buy a flat that becomes an asset and not a liability. Investing in a compact-sized apartment in Rajarhat can give you a huge return on investment right from the day of possession. Being close to Sector 5, Unitech, Eco Space and Info Space; a vast population of the working class looks for small apartments on rent at Rajarhat. You can put your flat on rent if you have no plan to settle down here immediately. Besides, compact apartments have modern and well-planned layouts which enhance functionality as well as aesthetics. Also, the cost of maintenance is almost half compared to a large house.
Housing Complex from Real Estate Builders
If you are planning to buy an apartment in the City Of Joy, Rajarhat would be the best choice. As it is on its way to becoming a Smart City, the place has attracted foreign as well as several Indian investors. Leading real estate builders are coming up with state-of-the-art housing complexes, comprising a range of 2 and 3 BHK flats.
Being away from the claustrophobic city life, you can mingle in the true essence of nature combined with modern amenities. Vast lawns and paddocks are perfect to embark on recreational activities. To boost contemporary lifestyle, these residential units have world-class facilities like gym, community hall, cafeteria, swimming pool, parking area, roof top gardens, gym, play zone and more. Also, you can mix up with the cordial residents and embark on lively activities from time to time such as community Durga Puja, picnics, birthday or anniversary celebration and other festivals.
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