Skip to main content

Why buying apartments after Covid 19 is so attractive?

Buying a home of your own is the dream of millions of Indians. However, the prices of these apartments are beyond the reach of many. However, the Covid 19 pandemic has created an opportunity, wherein you can buy a house because the prices of the affordable flats & Apartments in Faridabad have come down well within your budget. The Covid pandemic has reduced the prices in the real estate sector which gives you the golden opportunity to buy a good property in projects like HRH Vasant Valley at highly competitive prices. Furthermore, the low price of apartments has made them a great investment opportunity for people who are looking for a good place to invest their money and get a great return.

In this article we will share with you those points due to which buying an apartment now is such a lucrative deal.

low property prices

The first and foremost reason that investing in real estate post-Covid 19 is such a lucrative option is the significant reduction in the real estate prices due to which now you can afford even those properties which were earlier out of your reach.

Low-interest rate

The banks are also trying to lift the real estate sector by providing home loans at very low-interest rates. The home loan rate at present is the lowest in the last 15 years, which makes buying a property using a home loan a lucrative option. As the interest rates are very low, you will find that your EMI amount is easier to pay.

Attractive payment plans

Real estate developers are offering easy payment plans to sell their properties. Many developers are offering their flats for very little down payment and the rest of the money you have to pay with easy installments. To make the deal even sweeter, several of them have even offered the buyers an option to pay the rest of the money over a longer period (15+ years).

Strong regulatory authority

The RERA (Real Estate Regulation and Development Act) has given immense power to the regulatory authorities which makes your investment in the real estate sector is much safer. If you invest your money in buying an apartment and for some reason, the developer failed to give you possession of your flat within the estimated time, then they are liable for penalty and return of your principal amount with interest.

Forecast of good appreciation

The situation that we are in will not continue for a long period and in the future, the prices of the properties would rise, and then you will find your investment appreciating much higher than any other financial instrument. This makes it a great investment opportunity.


More Resources: 



Labels:

Comments

Post a Comment

Popular posts from this blog

How to buy a great apartment?

If you live in Faridabad and are looking for  Aagman affordable flats and Apartment , you need to follow some tips before making the final payment. The Indian economy is growing at a rapid pace and has created a large middle class, even in small towns like Faridabad. This middle class has a very high disposable income that wants to invest in some good places so that they can get a high income in the long run.   The ROI you get by investing your money in real estate is better than any other investment opportunity available in the market. So, if you have money and are looking for a great investment opportunity, then the real estate sector is your best bet. And when we talk about investing in the real estate sector, it does not mean Tier 1 cities. The economic miracle also hit small towns like Faridabad. Here you will find many attractive investment opportunities like apartments in Sector 56A Faridabad . However, before you decide which property to invest in, there are a few things yo
Post a Comment
Read more

The Best Neighborhoods for First-Time Home Buyers in Faridabad

Faridabad, a rapidly growing city in India’s National Capital Region (NCR), is becoming a preferred destination for homebuyers due to its affordable housing options and excellent connectivity to Delhi and other NCR cities. Finding the perfect neighbourhood in Faridabad can be quite a task if you are a first-time homebuyer. To make your search easier, we have compiled a list of the best neighbourhoods that offer affordable housing options under 34 lakhs. Let's dive into these neighbourhoods and discover why they are ideal for first-time homebuyers.   HRH City Vasant Valley: A Perfect Blend of Comfort and Affordability   Under 34 lakhs HRH City Vasant Valley is a well-planned residential project that offers a perfect blend of comfort and affordability. Located in the heart of Faridabad, this neighbourhood offers 2 and 3-BHK apartments with top-notch amenities such as 24/7 security, power backup, and ample parking space. The apartments are thoughtfully designed to provide maximum
Post a Comment
Read more

Things to look for when you buy a home if you have kids

  One of the grandest ambitions of an ordinary person is to own an apartment someday. If you are married and have kids, then you begin househunting in real earnest to provide permanent security to your family. When we talk about househunting, then it comprises of two phases. In the first phase, you have to finalize the right location and in the second phase you check the amenities inside the house like the Aagman Society Faridabad to figure out whether it has all the requisites features that you need for a good lifestyle. Here in this article, we will give you a good idea about the things you have to look for when you are searching for an apartment. Location Location is one of the most important factors that you have to take into account when you are planning to buy a house especially if you are trying to move to a new place with your young kids. If you invest in Aagman Society Sector 70 Faridabad then you can rest assured that you have selected the best location for your kids
Post a Comment
Read more