Here are some classy benefits of investing in flats in Panvel

by Nishaa Rai Residential Projects

Real Estate is a sector that booms stealthily at all times. No time until today has measured a downfall in real estate ROI. This calls for healthy asset behaviour and investment opportunities. To begin with, new age planned cities like New Bombay have plenty of upcoming townships and projects being built. A few nearing flats in Panvel like the Wadhwa Wise City Panvel project. However, prior to investing in an asset, you must know the pros and cons it comes with.

Following are the list of benefits for new and amateur real estate investors:

1. Increase in ROI: Every property is the largest investment asset an individual hold. Meaning, if you purchase a 1bhk in Panvel for, let’s say, 50Lakhs, you will find a growth of 10% to 12% approximately in a span of 24 months (on an industry average). And with new township projects in Panvel and/or upcoming projects in Panvel, this average can have a steep rise over time.

2. Passive Income: When you take the step of purchasing a property, you definitely do so for either of the two reasons, your own use, for rental purposes. For someone who is investing in a 1RK in Panvel can yield anywhere between 5K to 8K INR per month whereas a 2BHK flat in Panvel can easily avail 15 to 18K per month as rentals in a semi-furnished home, even more for localities and townships placed nearby commodity-based stores, marts, malls, schools and other elements of connectivity.

This helps you to create a base for passive income, an income that you receive on the side on a monthly basis. Adding an extra stream of revenue to your income pocket.

3. Net-worth: your Net-worth depends on the number of assets and their qualifying amount. With a property owned under any new project in Panvel or residential projects in Panvel, you tend to add double the lakhs in net-worth to your profile. This helps you with quality-based asset propagation.

So, if you are up for asset management and looking to invest in a property that brings you quantifiable ROI then you must opt for projects like Wadhwa Group Panvel townships and other such similar localities and residential properties.

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