Making a decision about whether to buy a 2BHK in Pune or rent it is not an easy one.
To start with, owning your home is a status symbol in our tradition. Whether you take a home loan or make an outright purchase, there is pride attached to it. An owned home comes with a greater sense of achievement, compared to other aspects like savings, mutual funds or policies.
One of the biggest dreams of a person’s life is to have a home. It is a highly emotional decision but that does not mean it’s not logical. Compared to renting a 2BHK in Pune, your own home offers you freedom as well as security, which is a priority. Imagine zero interference compared to a nagging/hovering landlord.
If you are certain about Pune in particular for a long-run, then it is wiser to buy a 2BHK in Pune. Also if you have the required down payment capital and a steady or growing income; the decision to be an owner is undisputable. This decision will be a trigger of organised savings for EMIs. You will also avoid spending it on something unyielding or something which may not be a priority. One will surely prefer a stable EMI over unpredictable and increasing rentals every year.
With lower interest rates and the government subsidy for first-time buyers of affordable homes, owning a home is now possible for many more people.
Today buying a 2BHK in Pune sure is more lucrative than renting, if thought practically. The value of your apartment increases over the years, but no such benefit is possible in a rented home. Keeping a paying guest or room partner can also yield income. One can sell their property but that doesn’t apply to rental house.
This is a good time to enter the property market. The longer you take to decide, the harder it will be to do so. Namrata Group brings multiple projects with 2BHK in Pune – Happynest, Ecocity 2.0, Aikonic, Life 360 Degree and 7 Plumeria Drive.