One of the most important decisions one can make is whether or not to invest in real estate. A real estate property is one that you can purchase as an investment or for personal use. The term property for end-use refers to when you buy a home to live in. Property for investment, on the other hand, refers to when you purchase a property to earn income through rent or sell the property when its value rises. Whether you are purchasing a home for personal use or as an investment is entirely up to you. You are the sole person to decide which path to take on investing in realty.
End-use vs. Investment
If you are looking to buy a home for your use, you will place a higher value on location. You will ensure that the neighbourhood is well-connected to schools, colleges, hospitals, banks and ATMs, shopping malls, and other amenities.
Because you will not be living in the property, if you are purchasing property solely for investment purposes, you will not place a high value on location. You will buy the property as an investment and hold it for 10 to 15 years before selling it.
If you are looking to purchase a home for your use, you will look for the property's amenities. You will make certain that the project includes amenities such as a swimming pool, gym, open space, children's play area, parking, and 24-hour security.
If you are purchasing property solely for investment purposes, you will not be concerned about the features and amenities provided because you will not be a part of the property.
You will save a lot of money when you buy a property for end-use because you don't have to pay rent. You save money on rent when you own a home and use the saved money for decorating and maintaining the home.
If you purchase a property as an investment and rent it out, you will receive a fixed monthly rental income from the tenants.
Whether you buy property for personal use or as an investment, you can sell it at any time. Residential properties in Kolkata appreciate over time and provide high returns. For investors, real estate is a fantastic source of financial security.
So it's up to you to decide what kind of real estate investment you'll make in Kolkata. You will undoubtedly make the best real estate decision based on your budget and plans.
Merlin Regalia in Tangra, Kolkata
Merlin Regalia is a swanky project located at 10 Convent Lane, Kolkata. This development provides luxurious features in homes that you will love. This township, which offers 3BHK lofts, includes lavish amenities that will give you a comfortable stay. The prices of apartments start at Rs. 96 lakhs and goes up to Rs1.32 crores. The township enjoys a strategic location making it possible for you to reach all the important parts of the city with ease. So, if you're seeking a home in Kolkata, this is the best option for you. Book your home here in this lavish property and live a fulfilling life.
December 18, 2021