2 bhk flats in rajarhat

Rajarhat, Newtown is the new economic zone of Kolkata and it is growing rapidly. Many people are coming from the outstations to work here whereas many are migrating from the rural areas for jobs. Not only the industrial development, the area is witnessing rapid growth in every sector. Famous academic institutions have opened their branch here. In short, the population of this area is growing rapidly and they need homes to live. So, the number of home buyers is increasing significantly. The trend is showing that most of them are looking for 2 BHK flats. In this blog, I will inform you about the available 2 BHK flats in Rajarhat which will help you to select your destination.

A. The housings with 2 BHK flats in Rajarhat:

1. Rajmahal-2 BHK flats in Rajarhat:

Rajmahal is one of the most successful projects of Realtech Nirman and one of the most affordable housing in Rajarhat with every amenity for life. Here you will be able to get 2 BHK flats from 24 lakh onward.

Rajmahal has a community hall, a swimming pool, a car parking space, a 24*7 power supply, a water filtration plant, an updated gymnasium & fire protection arrangement.

This housing complex is situated in the heart of the city. It is just 3.5 km away from St. Xavier’s University & IIT Kharagpur, 2.5 km away from TCS & DLF 2 IT park, 3km away from Ohio Hospital, Bhagirathi Neotia & Tata Medical Centre, 4km away from Axis Mall, 9 km away from Netaji Subhas Chandra Bose International Airport, 3km away from The Westin, 3 km away from Kalakshetra Metro Station (upcoming), 10 & 11 km away from Ultadanga Station & Dum Dum Station.

Apart from these, the Rajarhat area has Devaki Memorial School, Bodhisukha School,

Camellia Public School, Narayana School, etc. which is making this area more suitable for living.

The roads and public transport are also excellent. The Law and order of this area is quite impressive.

 

2. Rajvansh-2 BHK flats in Rajarhat:

The second position of my list of 2 BHK flats in Rajarhat is holding Rajvansh. It also belongs to the Realtech Nirman bucket. Do you know why? Because it is one of the most affordable projects in this area. Here you will be able to get a 2 BHK flat from 23 lakh onward. As it belongs to the same group, you can get almost the same amenities even in the lower price bracket. You will get a community hall, a swimming pool, a car parking space, a 24*7 power supply, a water filtration plant, an updated gymnasium & fire protection arrangement.

This housing project is just 1 & 2 km away from DPS Megacity & Aliah University, 1.5 & 2.5 km away from Bellvue Hospital & Ohio Hospital, 3.5 km away from Downtown Mall, 9 km away from Netaji Subhas Chandra Bose International Airport, 4 & 3 km away from Novotel & The Westin and 10 & 11 km away from the Ultadanga Station& Dum Dum Station. In short, you will be able to get all the amenities for your life at your doorstep.

Great roads, public transport, and excellent law & order are making this place & housing more popular among home buyers.

 

3. Rajokiya-2 BHK flats in Rajarhat:

The third project also belongs to the Realtech Nirman family. It is one of the most popular projects in this area. You can have a 2 or 3-BHK flat here from 23 lakh onward.

Rajokiya is situated in the heart of the city. Apart from the luxurious amenities, this housing complex has lush greenery inside the campus which is helping in grabbing the attention of the home buyers.

It is just 2 km away from Aliah University & Amity University, 2 & 3 km away from the Ecospace & TCS, 3 km away from Ohio Hospital & Bhagirathi Neotia, 4 km away from Axis Mall, 4 km away from Novotel, 9 km away from Netaji Subhas Chandra Bose International Airport, 3 & 2.5 km away from DLF 2 IT park & Unitech Infospace, 10 & 11 km away from Ultadanga Station & Dum Dum Station.

 

You will be able to get a swimming pool, a community hall, an updated gymnasium, a car parking space, a 24*7 uninterrupted power supply, a water filtration plant for a safe living, a 24*7 security system with updated security technologies to ensure a safe life for the residents and fire protection system to ensure a safe life for the residents.

 

B. The reasons for choosing Realtech Nirman:

The real estate market is full of options. Many youngsters are coming to the real estate business field. However, Realtech Nirman has been serving this industry for a decade now with a reputation. Realtech Nirman has 2500+ satisfied clients and 40,000+ social media and do you know why? Let me describe the reasons.

C. Quality of construction:

Realtech Nirman is committed to providing the best to its consumers. So they never make any compromise on the quality of the construction. They use the best possible materials for their projects and it is helping them to make a solid reputation in the market.

D. Customer-oriented mentality:

Do you know who is the main person of a business? It is their consumers. A business starts & ends with its consumers and Realtech Niman has proved it very clearly. They provide all the related information to their consumers, provide support during the process, and have the best after-sales services which helps them to get word-of-mouth too.

E. Legaities of the flats in Rajahat :

Realtech Nirman never compromises on their work. So, they maintain 100% legalities on their every project. They follow all the government guidelines and help consumers get their home loans. Every flat of Realetch Nirman is eligible for any banking process.

F. Location:

Location is one of the most important factors in real estate. Almost every alternative person tries their best to live in a prime location but on a budget and Realtech Nirman fulfils that dream. They provide 2 or 3 BHK flats in the Rajarhat Newtown from 24 lakh onward which is pretty affordable according to the location. Most of the projects of Realtech Nirman is in Rajarhat, Newtown which is the new economic zone of Kolkata and this makes them one of the most popular builders of Kolkata.

G. Architecture:

How can I forget about the unique architecture Realtech Nirman uses for every project? Realtech Nirman makes their projects in a way that every apartment gets one balcony and airy rooms. At the same, the housing is visually appealing too which makes them popular among buyers. They also provide lush greenery inside their every housing.

 

Some common FAQs:

 

Is Rajarhat a good place to live?

Yes, it is. It is the new economic zone of Kolkata. The law & order is pretty good, the roads & public transportation is also great and in this area, you will be able to get the best amenities for life. So, according to me, it is one of the best locations in Kolkata to live.

What is the price range for 2 bhk flats in Rajarhat, Newtown?

You can get a 2 or 3 BHK flat in Rajarhat, Newtown from 24 lakh onward.

How can I get a home loan to buy 2 bhk flats in Rajarhat? 

You can visit the sites of the banks to know their criteria as every bank has its criteria. After that, you can get prepared according to that and connect with them to make the deal.

How can I connect with Realtech Nirman?

You can connect with them through their website.

How can I buy a 2 bhk flats in Newtown, Rajarhat?

If you want to buy a flat in Newtown, Rajarhat area, you can go to the website of Realtech Nirman and you can find out your dream home. Apart from that, you can search on the internet to find out your area. If you want to get a flat in any other area, you can search on the internet.

I want to buy my first home, can you give me some tips for that?

I would suggest you draw a chalk line first.

First, see your budget. If you want to take a home loan, I would suggest you, do not overburn yourself. You have loads of expenditures after buying the flat.

After that, you need to figure out in what locality you want to buy the flat and what kind of amenities you want there. I would suggest you, have realistic expectations.

After this process, you need a reliable builder. You can search on the Internet or you can ask your friends for recommendations.

Once you are done with selecting the builder, you should give the brief to the builder. Be very specific about your needs and budget.

Visit the flats and get your dream home.

Do not forget to check the localities carefully. Remember, it is a lifetime decision.

Do I need to visit the flats physically before buying?

Yes, you must do it. It will help you get the real view.

Final words: Getting a 2BHK flat in Rajarhat is quite easy. I hope this blog will help you to get your dream home.

How to Find Affordable Flats Under 25 Lakhs in Rajarhat

Buying a home is still a dream for many of us. It gives us the feeling of stability, it helps us in planning our future securely and it also helps us to provide the right support to our family. Many of us also dream of living in the heart of the city with all the amenities for life to make it more comfortable & happy. However, many times budget comes as a barrier. If you are also dreaming of living in the economic zone of Kolkata which is Rajarhat and trying to find flats under 25 Lakhs in Rajarhat, then this blog is for you. Read this blog & find your dream home.

 

1. Flats Under 25 Lakhs in Rajarhat:

 

A. Rajmahal: Rajmahal is one of the most popular projects of Realtech Nirman. It is situated in the Newtown, Rajarhat area. It is just 9 km away from the Kolkata Airport. Well, not only the Kolkata Airport, it is closer to the upcoming metro station, Kalasektra metro station.

In the other amenities, it is 2 km away from Amity University, 2 km away from the Bellevue Hospital, 3 km away from Unitech Infospeace, 3.5 km from the Downtown Mall & 3 km away from the Westin. So, it can be stated that it is situated in the heart of the city and the location is one of the best locations for living.

Here you will be able to get a 2 or 3BHK flat at 24 lakhs onwards.

If you want to know about the life amenities, Rajmahal has a community hall, an updated gymnasium, a car parking space, updated security systems, fire protection, its water filtration plant & 24*7 power supply.

The area is well developed and well connected with every part of Kolkata. The law & order is remarkably good and as it is the latest economic zone of Kolkata, the area is growing very fast.

B. Rajokiya: Rajokiya is another project of Realtech Nirman where you will be able to get flats under 25 Lakhs in Rajarhat. The price of a 2 or 3 BHK flats states here from 23 lakhs onwards.

If you are looking for a home where you will be able to enjoy all the amenities or urban areas with the love of nature you have to come to Rajokiya because this housing apartment has a lush garden area inside the campus with all the urban facilities.

Inside the complex, you will be able to have a community hall, your own car parking space, a 24*7 power supply for an uninterrupted life, updated technologies to ensure the safety of the residents with a 24*7 security guard, a swimming pool, fire protection management system & a water filtration plant to ensure the health safety of the residents.

Affordable Flats Under 25 Lakhs in Rajarhat

However, the amenities of an apartment are not enough for living. You need enough amount of amenities in the area too for a good living.  Rajokiya is situated in Newtown, Rajarhat and it is just a few kilometers away from the Kolkata airport.

Apart from the airport, it is 2.5 km away from the Tata Medical Centre, 3 km away from the Bhagirathi Neotia, 3 km away from Ohio Hospital, 2km away from Ecospace, 3 km away from TCS, 3.5 km away from the St. Xavier’s University, 3.5 km away from Downtown Mall and 10 km away from the Ultadanga Railway Station & just 9 km from the DumDum Railway station. In short, this housing project is situated in the heart of the city.

This area is well connected with every part of Kolkata and roads are well built. With excellent public transportation & law & order, you can live here your dream life.

 

C. Rajvansh: Rajvansh is another affordable project of the Realtech Nirman which is situated in the Newtown, Rajarhat area. You can have 2 or 3 BHK Flats Under 25 Lakhs in Rajarhat from 23 lakhs onwards.

Rajvansh is also situated in the heart of the city. It is just 9 km away from the Netaji Subhas Chandra Bose International Airport, 3km away from Kalakshetra Metro Station (upcoming), and 10 & 11 km away from the Ultadanga Station & Dum Dum Railway Station. Apart from these, the roads are well built & maintained, excellent public communication system and constantly growing locality is making it living worthy.

The DPS Megacity, Aliah University & Amity University are just 1 km, 2 km & 2 km away from Rajvansh. Apart from it, Bellvue Hospital is 1.5 km away, Ohio Hospital is 2.5 km away & Bhagirathi Neotia is also 2.5 km away. The Novotel is 4km away from Rajvansh and the Westwin is 3km away. From every angle, Rajvansh is one of the best living places in Kolkata.

 

2. How to find them?

Buying a home is easy now. You will be able to get a 2 or 3 BHK flat under rupees 25 lakhs. To buy, you have to go to the website of Realtech Nirman so that you can connect with them directly. After that, you will be able to check the flats physically & will be able to proceed legally.

 

Some common FAQs:

Can I get a flat under 20 lakhs in Rajarhat, Newtown?

Well, I don’t think so. I would suggest you take a home loan to increase your buying capacity. From 24 lakhs onwards you will be able to get a nice flat in the Newtown Rajarhat area.

 

Is Newtown a suitable area for living?

Obviously. It is one of the best living spaces in Kolkata. Newtown Rajarhat is the new economic zone of Kolkata. Many IT companies have already opened their branches here. So, it can be stated that the area is growing economically. At the same time, it has the best academic institutions, hospitals, malls, etc. In short, it has all the amenities for life. The roads are well built and Kolkata Police is maintaining the law & order very efficiently. So, what else do you need?

 

Is the law & order of Newtown Rajarhat good?

Kolkata has owned the tag of the safest city for women in 2023 again. It is the third time in a row that NCRB (Nation Crime Records Bureau) has affiliated Kolkata with this tag and Newtown is one of the most popular places in Kolkata. So, you can assume the law & order rate here.

 

How can I connect with Realtech Nirman?

You can connect with them through their website.

 

How can I buy a flat in Newtown Rajarhat?

First, you need to search for a reliable builder. I would suggest you go for Realtech Nirman. Then you need to connect with them to know about the available flats. You can inform them about your budget to shortlist the flats faster and then you have to visit teh flats physically to select one. After selecting one, you can proceed with the legalities. For a smooth legal proceeding, you can hire a lawyer.

If you are thinking of taking a home loan, gather information about the criteria of different banks and you need to have a chat with your builder about it as well.

Every flat of Realtech Nirman is fully legal and ready for getting a loan. So, if you have a chat with them, they will assist you in the whole process.

 

How can I find affordable housing in Kolkata?

You can get an affordable flat in Rajarhat, Newtown. Go to the website of Realtech Nirman and find your dream house. If you are searching for any other location, search on the internet according to that. I would suggest you set your preferences first. For example, the kind of location you want, the price range, amenities you need etc. This will help you to get your dream home faster.

 

Is Newtown affordable?

If you are talking about the flat price, you can find an apartment under 25 lakhs while if you are talking about the market price, Kolkata is one of the most affordable cities in India. From food to the fares of public transport; it is an affordable city.

 

Do I need a lawyer to buy a flat?

I would suggest you hire a lawyer before buying a flat. he/she will help you to check the legalities of the flat, plot will help in getting a home loan (if you need it), and will also help in closing the deal. Remember, it is a lifetime decision, so be careful about it.

 

Is buying a property in Kolkata easy?

Yes, obviously. All you need to do is to find a reliable builder. A reliable builder maintains the legalities regarding the plot & the building and will also deliver your property on time. So, I would suggest you do your own research on the internet before you invest in real.

 

Is getting a home loan easy?

Well, it depends on the bank you are choosing. I would suggest you, do your research on the internet regarding this and prepare yourself according to that. You can hire a lawyer as well.

 

Final words: I hope this blog will help you to find your dream home.

Apartment Gardening – Tips and Ideas for Beginners

Rapid urbanization has reduced the greenery significantly. It is impacting our health and the ecosystem too. Well, urbanization is important but saving the ecosystem is also important. Are you also worried about it just like us? If your answer is yes, then start acting now. Start it from your house. Make a small garden area even in your 2 BHK apartment. It will also elevate your mental health. Research has shown that gardening helps in reducing stress & anxiety significantly. However, if you are worried about the shortage of space, then this blog is for you only. In this blog, I will share tips & ideas for apartment gardening for beginners like you. For more expert advice for your interior, connect with Realtech Nirman anytime.

 

1. Figure out the greens suitable for your space:

In your apartment, if you have a small space, you need to have an idea about the suitable plants for your space first. Here is the list of the best plants for your apartment.

A. Herbs: Apartment Gardening is the best place to grow herbs. Herbs take a small place, you can grow them in a container & they do not need a high level of care. With basic maintenance, you will be able to grow them. Some top choices for apartment gardening include mint, chives, parsley, basil, etc.

B. Salad greens: Do you love eating salads? Then you can grow your green salads on your balcony. You can grow lettuce, spinach, etc. very easily.

C. Succulents: Succulents are one of the best types of plants for your apartment gardening. They need very little amount of care as they don’t need to be watered very often.

D. Cacti. Cacti can also survive with less water, but they need plenty of sunlight and warmth.

2. Tips for your apartment garden:

  • First, you need to recognize the right place for your garden. For example, if you have a very well-lit balcony then you can go for plants like. However, if your space does not get ample amount of sunlight then you can go for plants like aloe vera, succulent, snake plant, etc.
  • When you are buying a new plant, do not transfer it immediately. The plant needs some time to adjust to the new soil, environment, etc. So, give it a time of a week or so, and then you can transfer it.
  • Do not forget the importance of the quality of the soil. Without good-quality soil, growing plants is impossible. You can make your garden soil. Mix nitrogen-rich contents into your soil & you can also add some organic wastes to the soil to enhance the quality of the soil. However, for expert advice, you can connect with a nursery or search on the internet.
  • I know that growing plants are the best. However, pruning and deadheading encourage healthy growth in plants. So, do it at regular intervals.
  • Pay attention to the leaves of the plants. If there is any type of dust or dirt, clean it. Dirty leaves reduce photosynthesis.
  • Paste attack is one of the most common problems in gardening. To prevent this you can use neem oils. However, if pests have already attacked the plants, you can mix some vinegar (apple cider) into water to make a solution. Add a few drops of mild dish soap into it and you can spray over the affected areas.
  • If you are using pots or containers, make sure that the containers have a well-water drainage system. Otherwise, you will not be able to keep the plants alive.
  • Do not place your plants too closely. This will reduce their free growth. Allow them enough space.
  • Make a watering schedule according to the needs of the plants. For example, if you have succulents, you do not need to water them regularly. On the other hand, if your garden area is exposed to rain and in any case receives enough amount of rainwater, do not water it right after that. Many times the soil gets dry very fast, so, it needs water at an interval. One of the best ways of understanding, poke your finger into the soil of the pot. If it has moisture then do not overwater it.
  • If you are going outside for a time, you can make use of a simple trick to keep your plants alive. Placing a bottle with a wick will do the trick. It may sound silly, but a simple wet cotton rope or strip of fabric that bridges the gap from a water source to your soil will keep your plants watered.
  • Simple water cannot keep your plant alive or healthy for a long time. You need to provide fertilizer. So connect with a professional to know the kind of fertilizer you need for that specific plant.
  • Learn when your specific plants are at their peak for harvesting, and then don’t delay picking the fruits of your labor. In some cases, harvesting promotes the plant to produce even more food for you to pick.
  • If your plants are overexposed to high wind, you have to provide wind protection. High wind can injure your plants like can tear through leaves and overturn top-heavy pots. You can use a wind block to protect your plants.
  • If you have indoor plants, you need to spray water on the leaves regularly.
  • Clean the leaves of your indoor plants by spraying lukewarm water and after that, you can blot the water with a paper towel or a microfiber cloth and then you can place them.
  • Do not forget to make enough space in your garden area for your free movement. Do not overload it with plants.
  • Arrange the plants carefully. You can make stairs to place the pots. This way you will be able to clean the area easily.
  • Buy some gardening equipment such as a watering can, spray bottle, trowel, scissors/shears, gloves, small broom/dustpan, insecticidal soap, fertilizer, trellises, etc.

Start small. You can start your gardening work with just one or two plants and after that, you can proceed. Do not overspend during your learning period.

 

 

Some common FAQs

Can I do gardening in front of my window?

Windows are one of the best places for gardening because they attract a lot of sunlight. You can turn it into your gardening area by placing hanging boxes. However, keep the safety procedures in mind.

Is balcony gardening very expensive?

No, it’s not. Remember, you have to start small. Do not overspend at the first instance. After a while, when you will learn the whole thing, you can spend according to your choice.

What kind of plants should I choose for my balcony?

It depends on the space you have. If you have a large balcony, you can go for a perfect mix of tall trees, shrubs, ornamental, and leafy plants to add beauty. However, if you have a small balcony then go for herbs or salad greens.

What are the benefits of apartment gardening?

  • It will add more fresh oxygen to your home
  • You will be able to eat fresh herbs or salads
  • Research has proved that gardening helps in reducing stress & anxiety. So, it will elevate your mental health.
  • It will help you in making a work-life balance. Dedicate some hours to your garden to add some fun hours to your life.
  • It will help in beautifying your home.

How can I beautify my garden?

  • You can place a mirror in your garden area to increase the lighting.
  • You can paint your pots to increase the beauty.
  • You can place a fountain in the garden area
  • You can make a sitting arrangement in the garden area.
  • You can place small containers with floating lotus and lilies and miniature Buddha statues. One can also add colorful garden pots, figurines of frogs, ducklings, elephants, etc. made of ceramic.

How can I know which soil will be best for my garden?

Well, it varies. So, according to me, the best way will be to connect with a nursery near you. Take the help of a professional.

My plants are dying very first. What is the root cause?

There can be a lot of issues such as over-watering, lack of nutrients, wrong type of plants against the soil you have, pests, etc. So, it would be better for you if you connect with a professional.

What is mulching and how does it help soil?

Mulching helps in balancing the moisture of the soil and also prevents it from the attacks of pests. If you also want to do it for your plants, connect with a professional.

What kind of lights are best for a garden?

Choose low-voltage, energy-efficient, and long-lasting LED lights all around the walls. Go for interesting lights from built-in walkways, walls, or hanging lights, to create an ethereal effect in the garden. Use a spotlight casting a beam on a tree or have floor lamps to brighten up the area delicately. Solar-powered lights are another option.

 

Final words:

Apartment gardening is one of the best ways of making your home more eco-friendly and your life healthy. I hope these tips will help you.

 

The future of real estate | realtors | buy property

Real estate is one of the fastest-growing markets in India. It is also the worst affected industry by the pandemic. However, the industry has absorbed the shock and doing great. Due to its sudden rise many youngsters or people are thinking of coming to this industry while many of the netizens are investing in the real estate industry as a future investment. So, in this situation, it is important to evaluate the future of the real estate industry overall. In this blog, I will evaluate the future of the real estate industry.

 

A. The future of real estate -forecast of the real estate market:

1. Price will increase:

The biggest truth is that the population is increasing rapidly and it will increase. There is no such way, by which it can be stopped. So, the prices of land or property will increase too. So, if you are investing in real estate or thinking of investing in real estate, trust me, it is one of the best ideas. However, do not forget to check all the legal papers before the investment. You can get help from a lawyer.

To get the highest return you need to invest in the right place. For example, if you invest in an urban area or in an area like Newtown, Rajarhat (the new economic zone of Kolkata), you will be able to make triple the money after a few years.

2. Urbanisation will be doubled:

This point can be called the continuation of the first point. The rapid population growth is demanding more jobs, better infrastructure, better living places & better communication systems. So, the government of India and various states are focusing on rapid urbanisation. This will also increase the prices of properties. To get the highest return you need to invest in a place which has the future. For example, Newtown is the new economic zone of Kolkata. Many famous IT hubs have already opened their offices here. You can expect more urbanisation here and the price of the properties will also increase. If you want to buy a 2BHK flat in Newtown, connect with Realtech Nirman now.

3. Rental system will increase:

The key to a successful business or investment is the vision. You need to be very practical. If you think practically, you will be able to see that most of us switching cities for our career advancement and this trend will increase with time. So, the demand for the rental apartment will also increase. So, if you are thinking of making an investment in the real estate market, you should buy a property where jobs are available. For example, Newtown of Kolkata, Electronic City of Bengaluru etc. From these places, you will be able to get the highest return.

4. Can reduce the affordability:

Again if you think practically, you will realise that with a rapid population, the demand will increase rapidly and it will be extremely in the job-centric areas. So, naturally, the affordability rate will decrease. So, if today you have the capacity to invest in real estate, do it now. Even if you are investing in a rural area, do it now cause even that rural area will turn into a quite developed area after some years.

5. There will be a push towards sustainability:

With rapid urbanisation, the eco-system is getting hampered and people are concerned about it. The government is also taking various steps for it. It is true that we can’t stop urbanisation. However, we need to be very careful about it. Many of the builders are also playing a crucial role in protecting the ecosystem. For example, Realtech Nirman make sure ample amount of greenery in their every project. There are chances that the government will be more strict about it and will make some laws as well. So, if you are thinking of investing in real estate, invest in a project which has greenery and working towards power sustainability too. Otherwise, the reselling value can drop.

 

B. Why is real estate a good investment option?

1. Security:

If you invest in shares, there are risk of falling. If you invest in FDs, there are risks of lowering the interest rate. However, with this rapid population rate, the prices of housing will increase only. So, it is one of the safest ways of investment.

2. Higher return:

We all want to invest in a field where we will get the highest return on our investment. Real estate is that kind of field where you will get double or triple the amount on your investment. As I have mentioned already, due to the rapid population the prices of property will increase rapidly, specifically in the job-centric areas. So, if you invest in Newtown today, you will be able to sell that flat at double the price after a few years.

3. Alternative income source:

The harsh truth is we can’t depend on one income source today. We all need some alternatives and real estate can be that for you. You can put your flat on rental and can earn. Isn’t it the easiest way of alternative income source?

4. Tax benefits:

Purchasing real estate has several tax advantages. One can save up to Rs 1.5 lakh on a house loan’s principle under section 80C. Similarly, section 24 allows for a reduction of up to Rs 2 lakhs in the mandatory interest payment.

 

It will cut the cost of real estate investing and drastically reduce taxable income.

 

A range of expenses are eligible for tax deductions, including cash flow from other assets, business expenses, and mortgage interest.

5. Reduce your risk factor:

According to the experts, the other modes of investments such as the stock market, gold, cryptocurrencies, and banks are risky. I am not telling you not to invest in these markets. I am telling you to invest in real estate first which will help you to manage any unforeseen situation. Real estate prices will increase and you can sell it anytime. In short, real estate property will work as a buffer for you.

 

Some common FAQs Releted to Future of Real estate 

 

Is buying a flat in Newtown too costly?

No, it’s not. Connect with Realtech Nirman and you will be able to get a 2 BHK flat from 24 lakhs onwards. So, I don’t think it’s too costly.

Do I need to hire a lawyer to buy a flat?

I think you should. A lawyer will help you to check the authenticity of the legal papers which will determine the future of your property.

Is real estate a stable market for investment?

Yes absolutely. The market is growing rapidly and you will get a good return too.

Why should I invest in real estate?

Investment in real estate will help you make an alternative income source, will help you to get quick money in future and will also work as a money source for the future. The prices of the properties will increase only which will ensure your highest return.

What are the criteria I look for before investing in real estate?

There are various criteria such as

1. Check the legalities of the property

2. Check the locality. If the law & order is not good, don’t invest.

3. Look for the amenities. For example, schools, hospitals, roads etc.

4. Check the future prospects of the area. For example, Newtown is the new economic zone of Kolkata. So, it has higher future prospects and you can invest here safely.

5. Check the amenities of the apartment as well.

How can I know that a specific area has future prospects?

You can check it by the employability rate. If it is a job-centric area like Newtown & the big brands are coming over here. Then obviously the area has a future prospects.

I have selected a flat but the law & order is not good. Should I buy it?

No. just cancel it right now. If the law & order is not good, you will not be able to stay there. Even you will not be able to put it in the rental either. So, basically, it will be a waste of money.

Why should I need to check the reputation of the builder? How is it relatable even?

If the builder is not reliable, they can leave some legal loopholes in the property papers. When you will get to know in the future, you will remain helpless and will not be able to resell it. At the same time, unreliable builders cause delays in handover the of ownership which creates a lot of issues.

 

Final words:

The future of the real estate market is pretty good. The prices of the properties will increase and so as the demand. However, it is important for you to evaluate some factors like the future prospect of the area, legalities of the property, amenities of the housing etc. before the actual investment. I hope this blog will help you to evaluate the future prospects of this market and will also help you in making the right decision.