Home as an investment VS home to stay
Home as an investment
Home to live in
Everybody wants a place they can call home; one where you create memories and store them within the walls of that space. Then comes the property that is also your own but exists solely to add some extra cash to your account in the years to come.
If you are someone who is searching the market for either of these properties but can’t decide how to choose them, we are here to help. Before we get into that, here’s some golden advice from us. Decide before you buy. If you are thinking that you can live in a house for a while and sell it later, let us tell you what is more likely to happen.
Once you live in a space, you slowly make it yours by personalising it. The more you live there, the more you will want to settle in. Hence, decide if you want this new house as a home or for investment purposes. Now, let’s discuss what factors to look for in an investment house.
Home as an investment
When looking for a property that is going to give you high returns or a good passive income, check if they tick these boxes.
- Location, location, location: Yes, location is THE most important aspect to look into. It is what decides the value of the property and the demand for it. A property in the heart of a happening city like one of the luxury flats in Koramangala is sure to offer the best returns.
- Quality & maintenance: A project with high-quality specifications and one which will require minimum to no maintenance should be chosen. At the end of the day, you don’t want to end up spooling cash from your pocket to fix things around the house.
- Due diligence: Pick a reputed real estate company like the apartments in Koramangala by Advaitha Aksha, that will have all the due diligence taken care of. The last thing you need is to struggle with a bunch of legal paperwork.
- Timing of the purchase: Having upcoming projects/developments like metro construction, IT Park, etc is a huge plus as it is bound to increase the value of the property in the future.
Home to live in
In a nutshell, a home for yourself should have every feature that you hold priority. Look at it with emotions as well. Picture your day-to-day life there to understand life there better.
You might have noticed that most features to look for in an investment home is what you would want in your dream home as well. Apart from those factors, here are a few others to keep in mind.
- Close to your workplace: To avoid spending half your life on the road, select a home that is near your workspace or one that has multiple employment opportunities around.
- Have top-rated hospitals & schools nearby: Convenience is everything. For your kids’ studies and emergencies, you and your family deserve only the best.
- Greenery: While the conveniences of the city are important, being in touch with nature is key for your mental health. The ready to move flats in Koramangala by Advaitha Aksha offer the perfect balance between both.
- Amenities: You can experience the lifestyle of your dreams when you have an array of luxury amenities in your gated community. They help you connect with the community and spend quality time with friends and family.
- Neighbourhood: Having cafes, restaurants, entertainment areas, malls, etc. around your home can make your free time more enjoyable.
Now that you know how to choose an investment home and a home to live in, it’s time you got introduced to Bangalore’s favourite for both of these choices – Advaitha Aksha. The ready to move flats in Koramangala by Advaitha Aksha offers everything you have wanted in your dream home. Additionally, these luxury flats in Koramangala are perfect as an investment because of their strategic location and value. Wait no more, check out the few units left today!