6 Reasons to buy a home in Wakad during the festive season
Financial investment during the festive season in India is believed to bring good luck and prosperity. During this festive season, the real estate sector throws lucrative deals and offers on their projects. So this is the best time to loosen your purse string if you are planning to invest in real estate properties.
Why Festive season good for real estate investment in India?
During the festive season, there is an abundance of offers, deals, and tax exemptions from realtors and promoters on their properties. Many offer travel vouchers, benefits on registration, stamp duty, free home appliances, or gold coins. Taking cognizance of home buyers ‘preference for investing in homes during festivals, many realtors launch new products and clear out the existing inventories. Limited-period home loan schemes like a concession on GST and waiver on home loan processing fees to woo homebuyers. During a festive period like Navratri or Diwali, salaried professionals experience cash flow in the form of bonuses and incentives. The scope for negotiation in price is also higher during the festive season.
Why Wakad for Investment?
Wakad witnessed a meteoric rise due to the influx of migrants coming for employment in the I.T. sector of Hinjewadi. Wakad is close to Hinjewadi and enjoys good connectivity via roads. Once a tiny village is now an affordable alternative to Baner and Aundh. Business hubs like Teerth Technospace, Rajiv Gandhi Infotech park, and Embassy Tech Park are all within 10 km of Wakad. Prominent firms like Capgemini and Syntel are close to Wakad.
Unbeatable connectivity of Wakad
Wakad is close to the Mumbai-Pune expressway. Also, arterial roads like Wakad road and Kalewadi main road connect Wakad to key city locations. Chinchwad railway station and Wakad bus station further improved the connectivity of this locality. Nashik- Phata B.R.T. corridor in Wakad, making the commute easier.
Schools and educational institutes in Wakad
Wakad is dotted with reputed schools affiliated with C.B.S.E. and I.C.S.C. boards. Some well-known schools in Wakad are Akshara International, Wisdom Schools, and Euro school. For a locality, the presence of good health infrastructure is crucial. Wakad manifests an excellent health care system. You will find Alpha Superspeciality hospital and Lifepoint Multispeciality hospital.
Advantages in loan Rates
During festivals, financial institutions and banks offer comparatively low-interest rates on home loans. Therefore, festive seasons are the best time to apply for home loans if you plan to buy a home.
Tax benefits on Real Estate Investment
Investment in real estate has the privilege of tax benefits for home buyers. Under Section 80 C, home buyers applying for home loans have the dual benefit of deduction in principle and interest rate.
Benefits of Investing in Bonheur Wakad
You can enjoy the sixth benefit when you invest in Bonheur, Wakad. Bonheur is a premium project near Bhumkar Chowk. The property was developed by renowned realtors named Engineers Horizon. Bonheur offers 1, 2 and 3 bHK apartments. The property is spread across sprawling acres of land. Bonheur offers a gamut of amenities and features catering to its residents. Due to its proximity to Bhumkar Chowk, Bonheur offers easy access to good schools, hospitals, and shopping arcades.
Welcome a new beginning at Bonheur in Wakad
Buying a home at Bonheur in Wakad would be fruitful for home buyers who wish to start with new beginnings. The project is near completion, and 3 BHK flats in Wakad 30 and 40 Lac are available for booking. Add more joy and happiness to the lives of your loved ones by investing in properties during the festive season.
