One of the many reasons why investors and homebuyers are going for residential projects in Kharadi is the latest trend of investing in real estate. Did you know? According to a 2022 research report by the National Association of Realtors studying generational real estate trends, over the last few years, the millennial generation has become the largest group of home buyers, standing at a staggering 43 percent. Isn’t that amazing if you are looking for the best residential projects in Pune? In addition, most of the homebuyers looking for flats near EON IT Park Kharadi are millennials who account for a whopping 33 percent of the investors who said they’d choose real estate as their preferred investment for money they won’t need for at least 10 years. This is according to a survey report conducted in 2022 by Bankrate survey. You will also be astonished to know that 86.2% of Gen Z want to buy a home, and nearly 45% want to do it in the next 5 years!
So, why are investors looking at real estate as their preferred investment and as a strong tool for wealth creation and financial independence? The rest of the blog will shed light on this and the reasons why homebuyers are specifically choosing to invest in residential projects in Kharadi, and specifically in flats near EON IT Park Kharadi.
Humans are suspicious by nature. Apart from our religious beliefs, we only tend to trust something we could touch, see, and most importantly, use for our own profits. And there is nothing wrong with this belief. What makes tangibility an important aspect is the control and stability it brings with it.
What’s tangible, also needs to be lucrative enough to prove to be a strong contender for investment. And this is where real estate wins the battle. Investors looking for residential projects in Kharadi, are often attracted to the dual revenue stream real estate and specifically flats near EON IT Park Kharadi have to offer. The best residential projects in Pune not only offer regular rental income, offering a consistent cash flow, but they also offer the opportunity to earn great returns on investment with their steady price appreciation. This works significantly in favor of capital growth and accelerates wealth accumulation. If you are looking to achieve your financial goals at a rapid pace, invest in residential projects in Kharadi.
When the market turns volatile, one thing you can always rely on to provide that buffer time is your investment in residential projects in Kharadi. The correlation of real estate investment with inflation allows it to act as a hedge, to protect the worth of your wealth amidst rising prices, and also offers you an array of benefits such as tax advantages which can make a significant impact on your net returns.
Here’s a quick glance at the tax advantages one can avail by investing in the best residential projects in Pune
Tax advantages of investing in residential projects in Kharadi include – deductions for mortgage interest, property taxes, operating expenses, depreciation, and more.
A location that witnesses steady price appreciation also attracts more investors. While rental income is a good enough reason to invest in flats near EON IT Park Kharadi, the property’s potential appreciation proves to be a crucial factor for investors looking to add to their net worth in the near future. Over time as the demand for land multiplies, your land becomes invaluable. What also works in the favor of real estate is the fact that though property prices fluctuate, it has become a known fact that they always follow an upward trajectory, attracting investors to invest their hard-earned money in residential projects in Kharadi.
If you are looking to invest in residential projects in Kharadi and work towards your goal of wealth creation and financial independence, take a look at Zen Elite, Kharadi. Considered to be one of the best residential projects in Pune, these flats near EON IT Park Kharadi, are adorned with all the features that make it the perfect development for real estate investment.
Strategically situated near EON IT Park, Zen Elite Kharadi will offer you a steady rental income due to the growing demand for residential properties by employees working for global IT firms and MNCs. In addition, the location of Kharadi is also one of the most sought-after locations in Pune, as it offers you excellent connectivity to prime destinations, keeps you close to all your daily conveniences, and also offers you the advantage of steady price appreciation.
To know more about Zen Elite Kharadi – one of the best residential projects in Kharadi, Visit Now.