Residential property investment is one of the most secure investment options and a lucrative proposition. But what is the best property investment in India? A majority of the people will vote for residential property. In a city like Pune, which spoils you for choice when it comes to residential projects, there are a few developers who have stood the test of time and built a strong reputation and credibility in the market. Naiknavare Developers, one of the ‘Real Estate Icons of Pune’, offers several projects that can rightly be called some of the best real estate properties to invest in Pune.
Given the immense development that Pune city is witnessing, there is a huge influx of migrant population. Pune is not only a popular IT hub of India but also an emerging manufacturing destination, making it a place worthy of the best real estate investments. But is India good for property investment? Historically and otherwise, investment in real estate has always been considered a safe bet in India.
Let us explore how Residential property investment can help us build wealth over time.
How does Residential Property Investment make wealth for you?
In cities like Pune, property rates appreciate, and there is a stable demand for homes on rent. Let us see how wealth creation happens.
Tangible Asset
Of the plethora of investment options available, real estate investment in India is considered the best. A residential property is a tangible asset. They are physical assets with a sense of ownership.
Return on Investment
Historically, a residential property appreciates in the long term and offers a good return on your investment. While this is mostly true, if the location of your property is good, then the fortunes only multiply.
Steady / Passive Income
Real estate investment in India into residential property is a source of income through the rent amount received every month. For most people, this works as a source of steady secondary income, too. In cities like Pune, where there is a steep demand for housing, given the employment opportunities it offers, residential property investment is a very stable income source.
Tax Benefits
There are various tax benefits associated with residential property investment when availing a loan. Many countries offer tax incentives to real estate investors. These can include deductions for mortgage interest, property taxes, depreciation, and maintenance costs. These tax benefits can help reduce the overall tax liability associated with the investment.
That was about wealth creation through residential property investment. But which is the most buzzing city for real estate investment in India? Pune, of course! And if you already have been scanning homes in Pune, Naiknavare Developers is where the buck stops. Naiknavare Developers have a presence in almost all prominent locations in the city in all directions. Amongst their ongoing projects, there is Avon Vista in West Pune, Eminence in East Pune, and Kutumb Talegaon. Let’s explore these one by one.
Residential properties by Naiknavare Developers
Avon Vista by Naiknavare
Avon Vista is a luxurious project located in the buzzing Balewadi location. Offering 2 and 3 BHK homes, this project stands out due to its prominent location, BAlewadi, with excellent connectivity with other parts of the city. So, wherever your office may be or whenever you switch jobs, your office will always be accessible. The area is well-developed, with schools, markets, health care centres, banks, etc. all at a reachable distance. The residents here get to enjoy more than 30 lifestyle amenities, including the most sought-after swimming pool, gymnasium, indoor and outdoor sports, etc. There is a convenience store and a pet zone, too.
Eminence by Naiknavare
Eminence is a premium luxury project by Naiknavare Developers in the posh Viman Nagar area. This fast-selling project has many unique facilities. Homes on the first floor have their private gardens; no two homes are alike: a rooftop bar and barbecue area, an amphitheatre to host cricket matches and movies, and so on. This is apart from the regular amenities such as a gymnasium, a swimming pool, a yoga deck, etc. These homes offer an opulent lifestyle to the residents. The location is top-notch, and the rooftop offers magnificent views of Pune’s skyline. It is a dream abode for those wishing for an exquisite living at an enviable address.
Kutumb by Naiknavare
Kutumb is another popular luxury project housed in Talegaon, the upcoming smart city. Kutumb-Powered by Primus is a unique project that promotes the InterGeneration Living concept, a first in India. Primus is an experienced service partner in the project that facilitates better living for children, senior citizens, and adults alike. It is as good as living in a serviced apartment where all your needs are taken care of. There is provision for daily tiffin services, a restaurant, 24*7 medical help, a concierge desk, help staff for senior citizens, and so on. Replete with other desirable amenities, Kutumb is a go-to project for those who wish to revive the joint-family living setup with a modern touch.
Residential property investment is a great way to build wealth over a while. Check out the above-said amazing Residential Projects by Naiknavare Developers and begin your fortune-making journey.