Buying just that apartment in Kolkata you have always craved for, fetches the happiness of a lifetime. And simultaneously:
‣ You succeed in making one foolproof investment for own life & generations to come
‣ Your net worth gets boosted by around 40% in the global financial market
Some concrete facts & figures will make such statements more convincing for you, the prospective home buyer? Then right in here arrives –
An Extensive Analysis of Home as Investment
Approved by Expert Realtors Only
# 1 Safe & Sound
The world considers real estate as one secured sector to invest.
As for our country, it is the most growing field of commerce – predicted to reach a value of $1trillion by 2030. With around 30% growth rate over the next decade.
So, no matter when you buy, your home becomes a sound asset for the future, along with being the perfect place for your family to expand & thrive.
Devoid of the stock market’s uncertainty & need for expertise (for investing), India’s real estate industry is & will continue to be any investor’s logical option – guaranteeing ROI, with 99% certainty in the long run.
Even when the economic boom is at its end, real estate property would still yield good returns.
#2 Best Channelization Of Hard Earned Money
As per one veteran U.S investor, home as investment is always a better expenditure in comparison to spending money on recreational equipment, electronic gadgets & automobiles.
The first is an asset with a constantly rising appreciation value, while the rest bring back to you nothing much– except for depreciating over time.
Although post buying, homeowners still have recurring costs like property taxes and maintenance, they also gain some prime benefits such as equity and the ability to leverage this asset in several ways, such as renting out space (if willing), getting a home equity loan whenever needing, starting a business without downsizing into a less expensive house and pocketing the profit.
Moreover, actualizing a home purchase with a loan brings you into a habit of continuously saving for the future by continually putting money aside for the EMIs.
#3 Savior Of Income Tax
The reason buying any of the trending Apartments in Kolkata can turn into a true blessing for you.
When investment is made in real estate via taking a home loan, certain tax benefits become available for the buyer.
For first-time homebuyers, under U/S 80C:
‣ Deduction on principal component – up to a maximum of 1.5 lakhs
And under U/S 24:
‣ Interest paid against home loan turns legible for tax deduction (Maximum of 2.0 Lakhs)
Even for second home buyers-
‣ If the interest is 3.0 lakhs, then the complete amount is eligible for deduction under U/S 24.
#4 Protection Against Inflation
The favorite logic of pro investors buying homes.
According to them, by being a value appreciation asset & medium of rental income, a house certainly beats inflation & at any time.
There is no other investment that can beat inflation as consistently as real estate property.
Actually, it turns unfair to consider real estate as only an inflation hedge.
If invested properly, returns from real estate property outgrow inflation by thousands.
Feeling convinced? Then why wait to make the move?
Drop a call to Team Realtech & invest in just the Kolkata apartment you wish for.
