10 Key Reasons for Owning a Home Is Always a Better Deal

10 reasons why owning a home is always a better deal.

10 Key Reasons for Owning a Home Is Always a Better Deal

A decision of buying/owning a home carries a lot of confusion and a hip of advice. Well, the confusion is for all the right reasons as it is one of the biggest milestones of your adult life.

Owning a home is considered one of the best forms of investment and a better option over renting. It is the longest money-making cycle of all the investments.

Although, the major concern while buying a house is the chances of overpaying or buying at the top of the market.

Here are some key reasons that might help you make the decision

Houses have ever-increasing value 

No matter how dynamic real estate is, the value of your property is likely to increase. It continues to expand over time and the capital price constantly rises. One thing to keep in mind is to invest at a proper location. Like buying an apartment in Pune or Banglore, considering the migration and job opportunities will be a finer decision than going for other cities.

Passive Income Opportunities 

First of all, remember to take firsthand advice and knowledge of the real estate market and then invest where you observe constant growth and stability. You have ample amount of options generate income. One way would be renting the home. Another can be buying an old house, renovating it and selling for a greater deal.

Tax Advantages 

You can enjoy a tax rebate. Get a deduction of up to  Rs 1,50,000 from taxable income in a financial year as payment towards housing loan. Plus get a deduction of two lakh per anum for properties that are self-occupied and which is ready to be acquired within three years from the end of the year in which the loan is taken.

Safe Option for Investing 

Real estate have comparatively stable returns and risks. Also, its value is not much affected by external factors. Another reason why it is safe because buying one, two, three, BHK apartment does involve complicated mathematics moreover the there is less market volatility.

It Can Be Leveraged

Since a house is a tangible property you can easily generate finances for buying it. You can always rent it off and use to amount to pay the EMI, that way not all your savings are drained.

Achieve Financial Discipline

There is a fixed date of EMI that has to be paid on time to avoid penalties. This makes it easier to segregate your finances and generate funds. It also becomes simple to mind the tax and rental problem.

It Is a Controlled Asset

It is a controlled asset because you have a 100% decision making power since you have the ownership. You can use it, change it, or increase the rent for some extra income.

Investment by Other Can Benefit You

Any kind of development in infrastructure or revamped amenities leads to employment opportunities. This will eventually raise the value and demand of your property.

Comparatively Cheaper Loans

Housing loan in India is the cheapest as compared to other assets with a 7.90% interest rate. Some special conditions for women are also available.   

Inflation Resistant 

Owning a house comes with an effective inflation hedge. Because its mortgage value remains the same and the cost of the rental fee is hiked.

As the decision making of owning a home is linked to all these aspects, choosing the right home is also a challenge. One of the outstanding options would be properties constructed by the Vivansaa group. The company is one of the most trusted and reliable choices in the real estate business in Pune and Banglore.

Vivansaa offers a wide range of row villas, row houses, and apartments for sale, Sarjapur Road Bangalore and Hinjewadi Pune that reflect luxury and affordability. It is also one of the commended realty firms when it comes to investment opportunities with its beautifully designed row villas, row houses, apartments for sale, Sarjapur Road Bangalore and Hinjewadi, Pune.


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