Have you heard John Stuart Mill’s famous saying, “Landlords grow rich in their sleep.” Ever thought, what this really means? Well, if you are still scratching your head over this, let me explain.
Building more residential properties is a pressing requirement due to amplified urban sprawl and surging take-home pay. India is among the top 10 price appreciating housing markets internationally. Pune is obviously a favoured property investment destination.
A 1 BHK flat for sale in Pune is available at around forty lakh rupees. Vighnaharta group has come up with a bumper offer for its buyers. The same size apartment now costs only thirty two lakh rupees at the upcoming project: Life Canvas, Mamurdi, Pimpri Chinchwad. Everyone intends to buy real estate at knockdown price. Let’s check out the psychological and financial profitability of investing in this affordable paradise.
Residential Hub
This emerging suburb is likely to develop into a flourishing residential hotbed in near future.
A good long term investment
On any given day, newly released projects are an excellent pick. Owing to the lower amount, loan sanction from the banks or financing companies is easy- breezy. Low loan amount means low EMI. Also, the Stamp Duty cost is minimal.
Make a fortune
While the high-priced properties take time to grow monetarily, Life Canvas, Mamurdi, PCMC assures considerable appreciation in a short span. Inevitably, resale of the house is easier. Even if you plan to resell your apartment immediately, it’s a profitable venture. After all, you have purchased it at eight lakh rupees lesser than the market price of the area!
Rental benefits
If we look at the rental trends of any area; whether you have purchased the flat for thirty two lakhs or forty lakhs, the average rent is more or less the same. So, buying a flat at Life Canvas, Mamurdi, PCMC can reap sky- high rental earnings.
Over and above, Vighnaharta group is constructing realty landmarks for three decades. Do visit their new launch project: Life Canvas at Mamurdi in Pimpri Chinchwad to know more.
