Articles

3 Reasons Why you Should Invest in Real Estate in India.

by Logix Group Real Estate Developers in Noida

Over the years, even though the Indian real estate market has grown at an unprecedented pace with lots of innovation happening right before our eyes, whether to “rent or buy” is still being googled today with as much frequency as before. Although both renting and buying have their own merits and demerits, Logix Group gives you 3 reasons why investing in real estate would work out better for you in the long run. 

1. Uncertainty-

When you decide to rent an apartment at Logix Blossom County, you agree to rental agreement of 11 months and sign on the dotted line. You move into your leased flat and set up your personal happy space. You pay the rent on time every month and heave a sigh of relief. However, there is always an undercurrent of uncertainty beneath the surface. It is like you are expecting that any moment you will be asked to move out with your family and all your belongings because the owner either wants to utilise the flat for his own purpose or he wants to dispose of the property. To avoid putting yourself in such a tight spot, it is better to invest in a 2 BHK flat in Noida early on. When you buy real estate, you have something you can call your own and there is no uncertainty of the duration of your stay.

2. Financial security-

The price of a residential property in Noida like Logix Blossom Greens grows exponentially; it almost doubles every five years. Rental income grows at 10% every year. That means as the years go by, you are paying more rent and at the end of it, you get nothing. But if you take a conscious decision to invest in an apartment while you are still living on rent, although you pay home loan remittances every month, you have something in hand at the finish. Thus, it is practical to buy a 3 BHK in one of the best residential projects in Noida like Logix Blossom County.Real estate also serves as a means of financial security in old age. So many senior citizens are living happily today because they took a wise decision to buy an apartment for themself and one for leasing out. After retirement, real estate through rental income gives senior citizens something to bank upon.

3. Legacy-

Today we see that more and more people feel the need to invest in a flat once they become parents. The reason for this is that they want to give their children security even when they will no longer be there for them. Parents work hard, save money and buy property in a good location and with all the required amenities like 2 BHK or 3 BHK flats in Noida by Logix Group so that their children do not have to worry about where to live later in life. They can stay on in their own house or sell the flat and move to another flat. Thus, real estate is a legacy which you leave behind. It provides gains even in the absence of its owner.

The above are some convincing reasons why a wise spouse and parent should invest in real estate. Logix Group is one of the best developers in Noida and offer residential projects like Logix Blossom County and Logix Blossom Greens in prime locations and with all imaginable amenities to those who wish to boast of their own happy space. 


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About Logix Group Freshman   Real Estate Developers in Noida

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Joined APSense since, October 30th, 2017, From Noida, India.

Created on Mar 1st 2018 02:28. Viewed 737 times.

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