Buying a flat in Kolkata like DTC Capital City Rajarhat is worthwhile for a number of important, genuine reasons. Given that the majority of us choose to live in nuclear families over joint families, a 3BHK apartment in Kolkata is an excellent choice. It can be difficult for a first-time apartment buyer to decide between a 1BHK, 2BHK, or 3 BHK flat. Numerous considerations, in addition to the size of your family, must be taken into account before selecting an apartment of a given size. Let’s examine in this article why purchasing a 3 BHK apartment in Kolkata will benefit you and your investment. Real estate investing in India can undoubtedly prove to be a wise choice.
Consider the future.
Most of us have a mindset that takes tomorrow into account. We plan everything with the future in mind, from purchasing a car to selecting a new residence. You must keep in mind that your family will expand in the future. Even if you are single right now, things will definitely alter in five years. Therefore, you must ensure that there is enough room to house a family of 4-5 people. There is a good probability that you will have space for your parents, kids, and yourself if you own a three-bedroom apartment in Kolkata. Again, keep the third room so it can be utilized as a study or guest room if your parents are not staying with you.
Space is important for both a comfortable stay and incorporating your preferred home style. We all consider extra room, especially when arranging furniture without making a space appear crowded. Having some extra room is also beneficial when you are hosting a house party or when you have visitors. Some people utilize the additional space by turning it into a studio or home office. So, once more, space is important!
A bonus is the guest room.
Despite the fact that we have already touched upon this topic, we felt that it warranted a distinct mention due to its importance. You will unavoidably have visitors at all times of the year, which is a known reality. Whether they stay for a few days or just a few hours, it is your duty as the host to make them feel as comfortable as possible. Some people have remarked that the spaciousness found in 3BHK flats in Kolkata is not present in 2BHK apartments. Literally, you have a spare room that may be used to comfortably house your cousins or guests. They are very roomy and include cutting-edge technology, raising the bar for comfort.
The real estate industry is always changing. Because of the ever-growing population, it can never close. Every person needs a roof over their head, whether they choose to buy a flat in Kolkata or rent one. Modern residences also have wonderful characteristics that were carefully designed. The pricing of a 3BHK flat in Kolkata is reasonable when compared to these qualities. In addition, the top banks offer affordable loan programs for customers to purchase three-bedroom apartments in Kolkata. For instance, a flat in Kolkata or greater Kolkata, like Newtown like DTC Capital City Rajarhat costs between 30 and 40 lakhs, making them affordable and allowing one to live a better lifestyle.
Your address, which will reflect your final lifestyle, will be stated in the legal paperwork when you purchase, for instance, a 3 BHK property in Newtown like DTC Capital City Rajarhat. Even if you decide against upgrading to a 3BHK apartment, you won’t worry about any potential financial problems. Additionally, switching to a 3BHK flat would require documentation, which, in terms of legal processes, may land you in a government office.
Why Invest In Real Estate In India?
Industry indexes show that between June 2012 and June 2017, real estate prices in the nation increased by around 70% in absolute terms. According to a recent Reuters survey, after the pandemic’s dip, this pace will continue for the ensuing several years, with residential unit prices predicted to grow by 7.5% in 2022 and around 6% in 2023 and 2024.
These numbers should pique your interest as an investor because including a property in India in your portfolio gives you access to a real asset that is safer, increases in value over time, and helps you recoup some of your initial investment through regular rent payments.
The rising demand for real estate in India is caused by a number of factors. A growing number of people want to buy or rent homes because they think it is a solid investment opportunity, first and foremost. In addition, the Indian economy has been growing quickly for several years, which has led to higher earnings and more consumer purchasing power.
Additionally, Kolkata’s high cost of living and some of the benefits its upscale neighborhoods offer make for an appealing option.
Why Is 2023 a Good Beginning Year?
There are numerous benefits to investing in Indian real estate in 2023. To begin with, there is a lot of space for growth because the market is still in its infancy. Second, the growing middle class in India is looking for affordable housing solutions that fulfill their needs. Last but not least, the government has made a number of announcements to support the real estate industry, including expanding financing availability and enhancing infrastructure. Therefore, now is a fantastic moment to think about investing in real estate in India, whether you’re a private investor or a business trying to enter the Indian market.