“Investment”, the word itself puzzles our mind up to the extent that we end up with nothing but getting more fussed about the concept. Moreover, where our well-merited money is on thought, becoming extra conscious is quite apparent. However, right knowledge and guidance about would be investment makes your way even that takes you to the winning point. Thus, if your investment concern is about buying a property in smart city Bhiwadi, you need not be a perfectionist but yes some careful tips must mandatorily be followed:
Be acquainted with the location – Well! If you are planning to own let’s say 2BHK in Bhiwadi – first check the location of the flat. Having a flat in Bhiwadi itself is a profitable concern whether a ready to move in flat or an under construction project. Investing in under construction property helps you buy some more time to arrange for finances on your own and you really do not have to take any decision in haste.
While investing in real estate, check for the nearby schools, colleges, hospitals, shopping complexes, easy connectivity to airport, expressway and so on. Connectivity plays a major role everywhere as it centralizes the interest of the purchaser. For instance, NH-8 i.e. Delhi- Jaipur national highway gives way to Bhiwadi to be connected with Delhi NCR. Also the newly proposed airport in Bhiwadi is yet another lifeline for the real estate sector.
Ultimately owning a flat in an all round cost-effective area will give a huge return on your investment.
How to finance? – Housing properties in Bhiwadi have been planned on the basis of affordable housing plan of Finance Minister Mr. Arun Jaitley in the budget of 2017-2018. This plan has not only dropped down the price of properties up to 30-50 Lakhs but has also uplifted the development to triumph over the house for all up to 2022. Banks and financial institutions have mulled over this and have brought many attractive schemes. Lower rate of interests, various mortgage options and even relaxation of Rs. 50,000/- on the property up to 30 lakhs are some eye catching financing options.
Check future prospects – Check for both – areas development in the form of new projects in Bhiwadi as well as job opportunities for your personal and professional growth. Projects like Rajasthan Industrial Investment Corporation have proposed more than 300 small and medium scale manufacturing items in Alwar in Bhiwadi. RIICO has also brought SEZ and EPZ in existence; all these together will bring new career opportunities. Similarly Greater Bhiwadi complex is supposed to build many schools, dispensaries, shopping malls, and amusement amenities. More are the number of better projects, brighter will be the upcoming years and return on investments.
Know about property – Properties in Bhiwadi, are nonetheless than others yet knowing all about it is must. Find an authentic agent who is experienced enough to show you the right property. Enquire about extra charges, tax concession, brokers’ charge, mode of payment, paper work and registration of the property. Also check flat’s specifications and facilities associated with it.
Moreover, as Bhiwadi is a developing area, the price of properties is relatively lower as compared to its neighboring cities – Gurgaon, Manesar and Greater Noida. Hence, one should undoubtedly invest in Bhiwadi but of course, the above mentioned tips should be acknowledged first to avoid any repercussions that might follow.