Pros and Cons of Investing in a Residential Property Under Affordable Housing Projects

There is a lot of contemplation before investing in a property due to the kind of tedious job it is. As we all know having sufficient money in hand just does not serve the purpose. Intricate research and consulting is required before the long term plan is put in place. However, as every coin has two sides, buying a home has its own advantages and disadvantages. It’s very essential to have a sneak peek on the ups and downs involved in buying a residential property especially if you are planning to buy an affordable housing project.

Advantages:

Get rent: If you are not planning to reside in the home you are going to purchase, you may add an income source to your profile as the new home can fetch you a regular income which you can transfer to other requirements. You can even transfer this rent amount to pay the rent where you are residing. If you already own a home, the rent can be an additional source.

Save on paying rent: If you are buying a home to reside, then you may save on the paying rents. The rent you used to pay earlier will become your EMI now. You are expending the same at the joy of owning a home. If you have an alternate home to stay, you are acquiring a new property with the rental income.
  

Home security: You can have the sense of satisfaction of owning a home which is incredible to any average dweller. If one owns a home, a least income is enough to carry on a basic life no matter how small the home is.
  

A fixed asset: It is very important to have fixed assets as experts suggest a major share of investment on fixed assets to get good returns over a long term. Bonds, gold, SIPs, policies are nowhere equitable when it comes to investing in a property. It can even be a low income home for sale, you can purchase it to have a fixed asset on your financial portfolio.

Returns on investment: If you buy a home, it can give you a return on your investment on a long run. The returns are generally multifold and are highly incomparable to that of current assets.

Disadvantages:

EMIs: Paying EMIs become a burden as they are meant for a long term for about 15 or 20 years. This is an expenditure which cannot be ignored and if ignored, one may have to end up losing the property in a Government auction.

Less appreciation: A home gets less appreciation when compared to a plot or an agricultural land. Over a long period of time, the construction has no value and it can lessen the site value.

Less returns: A residential property gets less returns over a commercial property or an unconstructed site. People prefer to buy an empty site over a home.

Loss of interest: One may loose on interest if the property is valuated after a long period in accordance with other properties as returns are lesser on a home in comparison with a plot or a site.

Out of trend: A site on which a plot is constructed can’t go with latest trends and may lose on value after a period of time if not upgraded periodically.

Hope these pointers may help you in deciding before investing in a residential property. 

2 BHK Flats in Bhiwadi

The R-Tech real estate developer is a name known for trust, integrity, quality and dependability. The real estate giant has proved its reliability time and again with exceptional product quality, on time delivery and customer satisfaction. Their experience combined with resources available have crafted out architectural marvels that boast of its strength and durability to meet changing requirements of the customers. The group has created world class structures of commercial and residential importance in Bhiwadi, Alwar and many other towns and cities. Not only this it has also made huge investments to create unmatchable townships and retail segments. Established in 2007 the company has grown by leaps and bounds to be recognized as a multifaceted organization with mind boggling turnovers achieved in a span of 9 years.

The group has intensively invested in various projects in the industrial town of Bhiwadi. The town has recently emerged as a hub of real estate investment due to its strategic location that connects it well to the major cities across the country. Hence it has also attracted big brands like Pepsi, Bausch & Lomb, Gillette, Mahindra to set their base location here and develop it industrially. Situated at a distance of 55km from Delhi and 40 km To Gurgaon it connects to National Highway 8 within a meagre distance of 5 km. The highway also connects towns and cities like Manesar, Bawal, Alwar and Neemrana. Bhiwadi has been proposed to witness its first bullet train that would cover the distance to Delhi in just 45 minutes.

Thus the town has witnessed development at a really fast pace especially in the infrastructure sector. Capital Greens is an ambitious residential project taken up by the R-tech group with same passion and fervour. The project is located near UIT sector 9, Bhiwadi near to the Capital Mall which offers the opportunity for entertainment, shopping and recreation all under one roof. The project is designed with a view to creating a close to nature experience of living with greenery all around. This is encouraged by concepts like theme-based gardens etc. the projects is equipped with facilities like Jogging Track, a Modern club with swimming pool, Badminton court etc. that helps its occupants live a healthy lifestyle for residents of all age groups. It is spread in an area of 10.25 acres and provides an excellent investment in 2 BHK flats in bhiwadi. However, 1 and 3 BHK apartments are also available. The majestic front façade boasts of the superior maintenance free finish, bedrooms, dining /drawing rooms are characterised by vitrified tiles whereas bathrooms, kitchen and balconies are lined with ceramic tiles. In fact, the bathrooms and toilets are well equipped with high-quality bathroom fittings such as Jaquar or equivalent and floors laid down with non-skid tiles. English WC, hold and cold water provision, good quality CP fittings, towel rail and looking mirror are a few more facilities in the bathrooms and toilets. Doors and windows have wooden frames with painted doors. The whole structure is RCC earthquake resistant to provide security and peace of mind. All in all 2 BHK apartments in Capital Greens is a wise choice to invest in for a bright future.

Summary 

R-tech has invested in a residential project in the industrial town of Bhiwadi that offers world class facilities and opportunity of living close to nature.

Real Estate Projects in Bhiwadi : Developments in Infrastructure in and Around Bhiwadi.

Real estate projects in Bhiwadi

Bhiwadi is getting its due recognition thanks to all the projects that are popping up around Bhiwadi. Though the major portion of highlights of the real estate projects in Bhiwadi is captured by the projects of Rtech group with the help of their numerous projects.

Capital Mall is located at the centre of the largest productive zone in the NCR – the city of Bhiwadi. The environs of Capital Mall include up-market residential and industrial regions and it is well-connected to Gurgaon via NH8 and the Sohna Road. This makes it quite the crowd attractor as its spread over 9996 square meters of land and stands 6 stories tall with a grand frontage of 325 ft. It represents the modern need and grandeur as one would come to expect from a mall made keeping in mind the latest trends.

Each level of Capital Mall, Bhiwadi unveils new levels of entertainment and excitement. Hypermarket on lower ground floor and 3 floors of retail stores, paired with multi cuisine food court after all the shopping and walking. Speciality cafés to hang out with your loved ones and friends, or to close business deals. 4 screen multiplex to watch movies and have some fun moments. Ample surface car parking, so you have not a single worry of where is your car stranded at. The mall is very comfortable and offers convenience in itself as it has wide corridors and high-speed escalators. The capsule elevators let you lay your eyes on a bigger picture while you decide where you want to go next to relax.

How can just one project be stealing the thunder when there are much more like the Capital Galleria, Bhiwadi. It is spread over 13,250 sq. meter. (3.31 acres) of the area and it is going to be first space which features both retail and commercial space, in Bhiwadi. Consisting of 2 floors of retail and office blocks also has gym & spa. The aroma of food knows no limit, that lures you to the restaurants at the food court; for those who value time over everything else to grab a bite on the go, there are quick service stores. There’s 100 % power backup and wide corridors to accommodate all volumes of the crowd. Service & passenger lifts so that you can travel without the fatigue and travel fast. 2 level basement parking makes sure that there is ample car parking space for everyone.

Security has to be a significant concern for anyone looking to visit or invest; the building has an earthquake resistant R.C.C. framed structure and 24 hours security surveillance. Detailed CCTV monitored security systems are in place along with premium fire fighting & fire alarm system, so in case there is an unfortunate event, there should not be any delay for the outside help to arrive and safety is ensured.

This is a G + 6 building. It is a corner plot, having a frontage of 735 Sq. Ft. All in all these projects do make the real estate projects in Bhiwadi a competitive scenario, which benefits the investor as they get to invest in quality property made with best standards and complete due diligence.