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‘Home is where the heart is’. However, if you buy a home from an unbranded builder for a cheaper rate you are likely to face a lot of challenges that will break your heart. The array of problems that most such buyers may face include time mismanagement issues, false promises regarding amenities, poor paint quality, inadequate parking space, blocked views and foul smells among others.
Both stocks and real estates are good investment options and should be a part of your investment portfolio. Both these asset classes can yield good returns, provided you make informed choices. However, there are many reasons that make real estate a better investment avenue than the stock market.
To ensure good returns on real estate investment, the property’s location and reputation of the builder plays an important role. For instance, if you invest in a property such as Arihant Anaika, you can expect decent returns in the long run. On the other hand, the return on stock investment depends on the chosen stock, the time period of investment and your risk appetite.
The Indian real estate sector is booming, with housing sales gaining momentum due to 200 million square feet of space being added this year across segments, according to CBRE. With the implementation of RERA adding transparency to the realty sector and reduction in GST rates on under-construction properties and affordable housing, real estate investment has proved to be lucrative.
There is an increasing demand for strategically-located, well-connected properties that offer various useful amenities. Sunteck Westworld is one such residential project offering high-end facilities, which is high on market value.
Your house is more than just a property, rather it is a dream come true and a source of great joy and pride along with financial stability and security. The joy and fondness become more amplified should it be your first home. For instance, Ganga Legend, a premium residential project by Goel Ganga Builders, offers apartments that redefine luxury living like no other.
However, the home buying experience for first-time homebuyers can be intimidating, considering the fact that the process does involve a thorough look-in into a series of the nitty-gritty. This comprehensive guide here should put your plans of buying your first house on the fast lane.