KNOW WHETHER TO RENT OR BUY A HOME IN THANE
Investing in ready to move in projects which are free from any hassles and you can start living in your dream home immediately without wasting your hard earned money by paying rent.
A lot of factors need to be considered before buying a flat in Mumbai. Many people have their own house but prefer to stay on rent to live a better lifestyle for the same expense. But owning a home can also give you a disadvantage of less flexibility, when it comes to relocating.
Renting may not always be a waste of money. And buying a residential property in a city may not support many people because of financial reasons and therefore, prefer to rent a home. The various advantages of renting like, flexibility i.e. you can easily locate from one residency to another once the agreement expires, no maintenance cost, repairing costs, insurance bills etc. It is the owner of your house who will take care of these things.
All the above mentioned points may give rise to few questions in your mind like, should I buy a house or rent a house? Which is the better option, renting or buying?
Both buying and renting a flat, have their own pros and cons. Therefore, checking out your finance condition is very important to decide upon, whether to buy or rent a house? Some important factors that you should look on are, monthly salary, existing loan expenses, expected rent for the property depending on the locality and expected EMI from the same home.
Thane has witnessed unprecedented changes in the recent years on the residential and commercial front. Being one of the vital and busiest suburbs of the central side, the progress of the city can be credited to the infrastructural development. An alternative option for personnel's who could not afford to buy a house in Mumbai, Thane today is not only lucrative option for buying property but also tops the chart for home buyers in Mumbai.
With rapid development of social infrastructures and higher ROI (Return on Investment) Thane today is among the top investment destinations in the country. Today residential and commercial properties in Thane are par with International standards and the presence of the industrial belt is also the driving force of the growth in Thane.
Thane, located centrally is very well connected via highways ensuring excellent connectivity to the suburbs. With the development of infrastructures such as the Santacruz-Chembur Link Road etc. the travel time between Thane-Mumbai and Thane and Navi Mumbai to 25 minutes from the earlier 40-45-minutes, making travelling convenient. The upcoming metro will make commuting easier than before.
Check out multiple localities in Thane viz: Kolshet Road, Majiwada, Ghodbunder Road, Balkum, Manpada etc. beforing finalizing on renting or buying a property.