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Why do apartments attract investors?

July 12, 2019 | Admin

Why do apartments attract investors?

Real-estate investment can be highly satisfying and lucrative. A good property has the potential to start providing you with great returns from the day you but them. Apartments have proven to be one of the most effective investment markets over the past decade.Apart from price appreciations the price of an apartment is highly dependent on factors such as, rise in interest rates, the property taxes, and flatness in net operating income. Years of rent growth and a large supply of newly constructed units make it a lucrative option for long term investments. Investors also prefer this mode of savings and profit for you can own the complete property with one large share of the payment and then gradually pay in instalments.

People will always need a place to live i.e. the demand for residential spaces shall constantly increase. The higher demand for quality abode than the available space in popular localities led to the creation of apartments as a residential option. But over the years, apartments became synonym with comfort, secure gated address and chic community living. Some of the factors that determine the long-term value of an apartment are-

  • How old in the property?
  • Who build the property and what is his reputation?
  • If buying a resale apartment, why is it being sold?
  • What are the prospects of buying a property at the offered location?

Investing in a resale flat is also highly popular among investors. Some of the advantages of investing in a resale property are.

  • Prices are lower than newer apartments.
  • No hidden charges or paying for under-construction flats.
  • Ready to move in
  • Tax benefit for the first-time buyers.

Always check on every necessary document and the available amenities to your satisfaction before buying a property. Make an informed choice and invest wisely.

Rohan Iksha: Beautiful and Luxurious project at Bhoganhalli, Bangalore

The marvellous gated community of Rohan Iksha is situated at Bhoganhalli off Sarjapur Outer Ring Road in Bangalore. The majestic towers of the include various configurations of 2 BHK apartments with sizes ranging from 1217 sq.ft. to 2357 sq.ft. The residential complex includes a large range of amenities such as, clubhouse, meditation centre, day care, swimming pool, sewage treatment plant, and more. The quality construction and keen layout of the project has made it one of the popular investment locations in the locality.

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