Top Homebuying Myth Busters For Apartment Complex In Kolkata
The process of buying flats in places like Rajarhat has been a smart move since its recent development into one of Kolkata’s busting townships. However, buying apartments and flats available in top fancy apartment complexes can often involve myths that may deter the buying journey.
Myths About Real Estate Decoded
Myth1: You May Have Missed the Boat
There is no right or wrong time to buy flats. It is most recommended when you are prepared to take bank loans following all protocols. You may often encounter questions from people from your closed circuit that you ought to plan at least six months ahead which may not be entirely wrong. However, the best is always when you’re prepared to shoulder EMI responsibilities.
Myth 2: 20 % Down Payment is Mandatory
As long as you have a solid credit score that helps you pre-qualify for a home loan, a 20 % downpayment may not be needed. With a sound credit score, you become eligible to bargain about a few things:
About the interest rate
Practical estimation of the downpayment corpus
Myth 3: Neighbourhood And Location Secondary To The Quality Of The House
These are perhaps the biggest myths circulating about real estate which influences financial investment decisions. There’s always a mix of people who go to work and those who choose to stay in and take care of the house. Therefore, the neighbour-factor, which almost sounds too trivial, could have more than a relevant impact on home-buying decisions.
Myth 4: Buying From a Reputed Builder May Not Be Necessary
It is rather necessary to buy from reputed real estate builders. Trustworthy builder’s quality of construction materials and inclusion of civic facilities that you can vouch for. Residential projects by them are usually built on better locations that are well-connected, supporting an easy commute for the residents.
Myth 5: Take The Maximum Amount For Approved Loans
Just because you’re eligible higher loan amounts, doesn’t mean you have to take a big loan. It all depends on the purpose. Unnecessarily taking bigger loans etail bigger EMIs which is undesirable for the majority.
Real Investments in Real Estate: The Trust of Oswal
IGBC Gold Certified, Oswal Group’s Orchard Avaasa, comes with both 2 and 3 BHKflats in Rajarhat that come for 61.28 lacs and 73.42 lacs respectively. With amenities like the Skydeck and Skyplex that lets you relax under the open skies do make for a tempting case. In addition, schools such as St. Stephens and hospitals like Dr. Pathlab are nearby. Plus, recreational centers like City Centre and Eco Park are within 4 km-radius. Investing in Avaasa is not only beneficial as soon as you move in, but also in the long run, given the other factors are considered.