Have a rewarding experience in buying your next property
Making mind for buying the next home after investing in one home is always a welcoming entity. Do you want to have a weekend home amidst the lush green cover in the backdrop of a hill/valley for the serene view or do you need a property with good rentals as a source of income?
The choice is yours. Whatever is your decision, examine, plan and make a move.
Investment on buying the next house sounds great as it offers you a regular stream of income in your retirement years so that you can be independent. Buying next on a property is the far better choice of financial decision rather than investing on stocks, mutual funds or retirement plan.
For a better second investment, have a glance of these guidelines
Here are some steps every prospective buyer should take before buying the second property as a choice of investment.
Explore and investigate the neighbourhood in which property is located and know the property and market value of the location you are trying to invest in. Know about the demand for the rented home in the area you choose. Analyse the range of rental income per month you can receive from the property. Identify the amenities provided by the builder and predict if the property is value for your money. Discover the present social and physical infrastructure, connectivity from the property, availability of public transport and civic amenities in the area. All these features determine the resale, rent or future appreciation of the property.
Decide on the budget you can afford to buy the home. Know the availability of housing loan on the property. Determine your eligibility upon the CIBIL score and decide the range of investment. Invest in such property that provides you rental income as well as capital appreciation.
Like the way the retirement plans offer the tax benefits under section 80C and 10A of income tax act 1961, investing on second home too offer same benefit.
If you are planning to invest in Bangalore, then Concorde Mayfair developed by Concorde Group located in Medahalli, old madras road, Bangalore is the best choice.
Why Concorde Mayfair is an ideal investment?
Concorde Mayfair Medahalli property consists of 100% Vaastu compliant 1 Bhk, 2 Bhk and 3 Bhk configuration luxurious affordable abodes with world-class amenities. Concorde Mayfair located in the rapidly emerging areas of Medahalli is surrounded by the best of colleges, schools, university, IT parks, hospitals, recreational hubs, restaurants, and more for all your needs.
The Kempegowda International airport is just 40 minutes’ drive for the long distance travels and Byappanahalli metro station is just a few minutes’ drives for the effortless travel to connect the various location of the city. The project is aimed at providing a balanced lifestyle to its residents in an affordable budget in order to provide housing solution to all. Concorde Mayfair project is an ideal investment since the demand for housing is high in the area.
Invest in Concorde Mayfair Medahalli property and have a happy life!!