The question of rent vs buy has befuddled the brain of many a millennial who frantically searches for a decent home to eke out a beautiful lifestyle amid the vast throngs of the city. With a lot of upcoming projects in Mumbai that hope to fulfil the demands of many potential home buyers – this question has now become even more crucial for many. So, read ahead as we make things a whole lot easier by giving you all the pros and cons of each side to help solve this adulting problem for you!
The real estate industry is slowly discovering its feet after being battered by the pandemic. While it disrupted the market for some time, the industry bounced back quickly with an unprecedented jump in residential demand. The signs of such a bounce-back were evident when November 2020 recorded the highest number of residential registrations in almost a decade in Maharashtra.
Owning a home is like a dream for most Indians. It is not just a financial investment, but an emotional investment as well. Lots of planning and decision-making goes into making it a dream home – the furniture, the colours, the furnishings and artefacts etc. Although it is a major undertaking, it is a highly rewarding one, considering you get to build equity in an asset that can increase in value over time. You also get to call all the shots. Want to adopt a pet? Go for it! There’s no one to stop you.
If you are planning to buy a property in 2021, there are several factors and compelling reasons you should consider.
Off late, the residential segment has witnessed a good demand across price points. A significant amount of latent demand came to the market during the festive season of Q4 2020 and it refuses to subside. According to an article in the Economic Times – the housing sales reached an exact 100% of the pre-Covid levels, with an 84% QoQ (Quarter on quarter) jump. The demand was rekindled by a multi-decade low home loan interest rate as per the Knight Frank India report.
From hosting a lavish dinner party to finding your quick snooze spot – a sofa is that comfy haven in our house where we may unwind, relax and be our true selves. Such an important furniture piece not only transforms our living spaces beautifully but is also a place that sparks many meaningful conversations.
Gone are the days when we had to stride forwards like an ascetic right in the middle of a forest to be deep in meditation. Be it living in the countryside or the city – all we need today is a small personal space for ourselves to achieve a deep connection between our mind, body, and soul. This is why meditation rooms work so well in helping us recharge mentally and physically to achieve a balance in our lives. So, read ahead as we give you expert tips on how you can easily create such a meditation space within the comforts of your home.