The idea of buying a home gives us a satisfying feeling of security, a sense of pride, and all sorts of overwhelming emotions. However, buying a home is not an easy feat. One has to push limits to buy a dream home. The pandemic situation and a string of lockdowns made people realize they needed a space to call their own. Apart from giving one the feeling of security, owning a home provides peace of mind and pride of ownership. Buying a dream home becomes more tangible, and doubles up as a good investment opportunity.
Price appreciation: Infrastructure development plays a significant role in the price appreciation of a property. For instance, any new connectivity or development of transit hubs, social infrastructures like schools or colleges enhance the property value. For example, Bonheur in Wakad is close to the Mumbai- Pune expressway and at walking distance from the upcoming Pune metro project. Therefore, the value of the project is enhanced as the developing infrastructure will attract more population.
Home loan benefits: Repo Rates have been reduced considerably in the current fiscal year, resulting in plummeting home loan interests. A few years back, home loan interest was around 8-9 % which is now 7%. Hence, it is the right time to invest in a dream home.
Tax benefits: Owning a dream home can fetch tax deductions up to 2 lakhs. Under section 24 of the IT Act, buying ready-to-move-in flats, one can benefit from a tax deduction of up to 2 lakhs.
Real estate investment most stable investment: Buying a home is considered one of the most stable investments. Sooner or later, one can get a high appreciation value for the property and become a passive source of income in the form of rentals.
Lucrative offers and deals: Ongoing pandemics and market volatility led real estate developers to offer lucrative deals and discounts on their ongoing projects. It would be an ideal situation to buy a dream home at this time.
Conclusion: If you want a dream home, explore 1, 2, 3 BHK flats for sale in Wakad. Engineers Horizon, one of the leading developers in Pune, unveiled a premium property in Wakad named Bonheur. The project offers 1,2, and 3 BHKs which are up for sale. Spread across sprawling acres, Bonheur is the epitome of luxury, convenience, and comfort. From top-end amenities to 3-tier security, Bonheur features quintessential facilities that can’t be ignored.