It has been rightly said that home is where the heart is, and the heart has to be in the right place. This is the reason that while securing a home, you have to keep all your senses open and take a decision you cherish for a lifetime. Deciding on accommodation is a big step up into another echelon of society, respect, and responsibility…that is 100 percent worth it.
It is a significant milestone as it does not just apply to you and your partner, but also to the future generations who are going to grow and dwell inside, it is also about the comfort of your seniors and lastly, comes the society you want to live in.
The first step towards making this important decision is to know why it is a worthy investment. Let’s see today why securing a home is an essential need in India.
Good Loan Schemes
India makes it possible for people of all categories to start from scratch. Subsidized education for people, incentives for women entrepreneurs to start a business, or home loans at minimum requirement – our nation has tried for years to support citizens to become self-sufficient in all possible ways. The home loan rates in India are the lowest compared to any other type of loan, and individuals can always avail themselves of these provisions smartly. Take a loan if you cannot buy a home with your own money. The interest rates are lesser, and some loan providers even let you choose the repayment period for yourself. While the business and commercial loans are more stringent, home loans are much more relaxed.
Home Is Your Safe Base
We run from the problems of the world to eventually find ourselves in our homes. It would be a more composed feeling if the home is our own and we are not scared that someday a landlord will ask us to leave. The 2020 pandemic was the biggest eye-opener for the world where we got to know the importance of a home. People who were left with no means to earn could also at least feel alive if they had their shelter and hence did not require to pay any rent. Well wishers can help in circumstances where one would need help with basic needs, but needing a shelter for life is a big ask. Owning a home in these uncertain times is a proven advantage. During the multiple lockdowns witnessed in the past couple years, among all who lost their jobs, lucky were the ones who had a home to move back to. Renting under these circumstances can be a problem with its own set of complications. Come what may, if you own a home, you and your family will have safe heaven to come back to and rely on.
Shortage Of Senior Citizen Housing Schemes
Many developed countries like the USA, and Canada, have many schemes to provide home security to their citizens. Even during the pandemic, the unemployed population was given stipend to fulfil shelter and food necessities. In India, we are still at a developing stage. The future looks bright since we have started giving the spotlight to senior citizens’ welfare & other schemes pertaining to wellbeing. Post the retirement age, individuals with no real asset investments will be living life on thin ice – only because they don’t own a home. Savings in general are also required for health problems, commitments towards their kids and many more reasons. Therefore, investing early in securing a home is the best option. At later stages of life, responsibilities simply multiply leaving no space to invest in securing a permanent address. So having a home that you own is a very good milestone to have. In dire scenarios, home can also be treated as a bail out asset as one can lease or sell it.
Best Investment To Make
We talk to our parents and at some point, we can hear a story where they mentioned how great it would have been if they had invested in a certain property a decade back because now the same place has multiplied in value. Large properties and spacious homes are the best things you can do for yourself and your generations to come. Just remember to make the right choice. It’s best to rely on expertise and experience. We live in our dens for the longest time of our lives and hence, you should ensure that yours is built to last. If your builders have made a name for themselves in years, it’s wisest to stick to them or do a little research on your own.
Remember, a home is a feeling but also a practically essential move to be made at the right time. It’s an important milestone to be achieved. The power of being informed and having conducted your home visit thoroughly will help you make the right decision. If you plan to get a luxury 2-3BHK flat in Waghodia or invest in 4BHK bungalow in Waghodia, there could be no reason to settle for anything less than a reputed name. Kamlesh Gandhi Projects have symbolised character, stature, and grace. Being a home buyer, choose durability, convenience and timeless beauty, and book a visit now!