Pick EMI over Rent for Luxury Houses in India

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Post By By Buniyad

06/08/2015

Are you paying lofty sum of money in the name of ‘house rent’ every month? If yes, then why are you allowing your hard-earned money to go down the drain? There definitely is no need to do that any longer as now you can easily pick your dream luxury home in India by investing the same cost on EMI basis. When the real estate market has got a lot to offer then who does not wish to pay out an additional penny to upgrade their standard of living. Discover further in the blog as to how young India is investing in residential apartments:-

  • Matching the demands of young/working professionals: – When the point is to buy luxury apartments in India, then in this context the young, aspiring, and working professionals under the age of 30 do not hunt for a conventional choice definitely. In accordance to a survey, it was reported that the young adults pine to buy apartments in metropolitan cities like Delhi, NCR, and Bangalore etc. They surely don’t mind investing in residential properties enveloped in greenery and situated in the outskirts of the city. And their preferable inclination lies in high-rise buildings along with a provision of indispensable amenities.

Furthermore, the survey has also revealed that the conventional residential spaces do not really arouse strong feelings in the working professionals under the age of 30. The search is for acquiring a property which has a decent connectivity with the rest of the city, besides the project should definitely offer something unique & not-so-ordinary in comparison to other ongoing projects. A decent society unquestionably needs to proffer social comfort and add to the intellectual quotient of an individual as well. Bearing in mind the fast paced lives of the young and dynamic individuals who prefer to choose luxury houses in India with a few restaurants and food joints at a stone toss distance from their residence.

  • The real estate developers thought process: – In today’s milieu, the real estate market is buzzing with uber, modern and upscale extravagance houses in India. With a clear envisage, they have perceived that the young prefer properties nestled in the lap of exquisite greenery. And having facilities like schools, hospitals, groceries or supermarkets works as a cherry on the cake. Furthermore, the fact that they are working individuals who would certainly necessitate a strong local transportation facility from their residence to their workplaces. Thusly, the real estate developers are designing such homes where young people can probably choose between comfort and moderateness. Also, a myriad of houses in India especially in Bangalore are flourishing with phenomenal social infrastructural facilities, ritzy shopping malls, healthcare centres and much beyond. Interestingly, the premium projects further are coming up with temple, jacuzzi, recreational pool, squash court, spa, golf course etc.
  • EMI framework is soon catching up with the youthful group: – It is evident that when the youngsters hunt for luxury houses in India and is residing away from their home town as well, in such cases they prefer to neglect the traditional way of staying with distant relatives. Where, staying on rent turns out to be an altogether a difficult process as you cannot get indulged in making much of the amendments in the house as you’d be rented out there. For a basic instance, imagine that if you would require driving a nail in the wall wherein the prior approval from the land owner would be essential. Needless to mention, the banks have now made the loan availability procedures pretty much hassle-free in today’s times. Also, the interest rates have been brought down. These days even the real estate developers are providing low-down cash payments and EMI options with zero percent interest. Acquiring an apartment in a contemporary housing complex has today become a necessity as well as an aspiration for the urban youth crowd. It has thus created a demand for quality housing and the realty developers are taking a note of this.

As a matter of interest, the prominent developers of Bangalore in today’s times like Brigade Group, Mantri Developers, Nitesh Estates etc. are coming up with the concept of environment-friendly buildings. They have enticed the potential shoppers to invest in the larger upscale projects with world class state-of-the-art facilities. These developers are of the opinion that the young crowd is somehow inclined towards unprecedented designs, elegant infrastructure, and built-in modern appliances that saves time and energy. Consequently, they are working on developing luxury houses in India.

Now with the young investors opting to obtain luxury houses in India on EMI basis, the developers are coming up with plentiful lucrative schemes for their housing projects as ultimately every discerned buyer wishes to buy a luxurious home at their convenience.

Content Source – http://tinyurl.com/qx695np

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