With the advent of the New Year, we all look forward to a new stage of our lives, with better decisions and an improved way of living. If you are looking to upgrade from your current flat to one better suited to your family’s lifestyle or venture into a new investment, here are some reasons why 2018 is a great year for buying a new home, and the benefits of investing in a luxury flat at Amanora Park Town!
Have you ever felt hesitant about making the decision to buy a new flat? Maybe it was because you weren’t sure if the construction would be completed in time, if the final outcome would be what was promised, or because of overpricing and other unethical practices. With the introduction of the new regulatory reforms under the Real Estate Regulatory Act (RERA), the situation of the real estate market has undergone a massive shift.
Through this framework, it has now become mandatory for real estate developers to be registered, and for details of the project to be updated regularly. Projects also need to be completed within the specified time-frame, and they cannot deviate from what has been promised, or there would be a penalty towards the developer. This tilts the real estate market in favour of buyers, due to transparency, strict regulation of the process, and preemption of hurdles that the buyer may face.
Amanora Park Town consists of various residential projects in Hadapsar, Pune, which are RERA registered, planned down to the last detail, and have possession dates readily available for those who are interested in purchasing a flat. So it’s time to stop worrying about how the flat would turn out to be, and begin listing down all your requirements to ensure you find the right one!
Due to the addition of the regulatory framework as well as the state of the real estate market in the previous year, trends show that 2018 will be a promising period for anyone looking to invest in property in Pune, due to developers focusing on completing their projects on time and fulfilling all the promised requirements.
Take the case of Amanora Park Town – India’s first Real Township; with various residential projects available and a focus on ensuring that the Township consists of all the facilities required by homeowners, there are a great number of options available in your search for the best luxury flat. Amanora Future Towers is one property which consists of ready-possession flats while other projects are set to be completed in 2018 and in 2010.
So rest assured that you’ll find the right home in the desired time-frame, and begin the search instead!
If you are looking to invest in property, you no longer have to worry about having the financial means to do so. With banks consisting of excess liquidity, the lending rates have now been adjusted accordingly, and the loan interest rates will be at an all-time low in 2018. This means you can now avail low-cost plans and obtain higher savings through an EMI process! Furthermore, Amanora has exclusive tie-ups with numerous banks in Pune, through which, financial assistance can be obtained. This list includes State Bank of India, Indian Overseas Bank, Syndicate Bank, and Federal Bank of India, amongst many others.
Studies have also shown that with this shift in the market, there is not much of a difference between renting and buying a home. So it’s time to say goodbye to temporary leases, and purchase a luxury flat in Pune that you and your family deserve!