Commercial properties are
usually bought for investment purpose and the major concern while buying them
is a return on investment. People are more business minded and pay attention to
the price of the property when buying office space or commercial space. But
when it comes to buying residential projects in India, the sentiments change
completely. Making a successful home buying decision is more dependent on
emotional reasons than just money. Based on this difference of mindset, we have
made a list of top five reasons that push people to invest in the best residential real estate in India.
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Peace of mind: Living in a rented home cause a worry for people due to constant
cash flow as rent. Fear of losing the job or not having money to pay rent makes
their life stressful. To avoid such situations, people prefer to live in their
own houses. It gives them a peace of mind and freedom from the tension of
paying rent every month.
Life Aim: Owning a home is an aim for many people and they work hard to
earn money to buy their dream home. They visit hundreds of real estate
sites every day to find a home that fits into their budget and
requirements. Having own home is a status symbol for these people and they feel
pride while telling people that they live in their own home.
Lifestyle: Some people think beyond just of having own home. They want a home
to improve their lifestyle and look for a lavish and amenities rich home in
some posh area. These people invest in the top real estate projects in India to
achieve their dream lifestyle. A residential project with private parking
space, an in-house gymnasium, retail store, clubhouse, swimming pool, and play
zone is what they want to live their desired lifestyle.
Investment: Real estate sector is one of the safest options for investment in
India. People with extra savings find buying home a good investment. They don’t
buy these homes for residential purpose but to rent them out or to sell them
for profits.
To boast about it: It might be shocking, but it happens in India. When people see
their relatives and colleagues talking about their own homes all the time, they
also feel a need of buying a home just to boast about it. They feel left behind
and to keep up with others, they buy homes. These people take help of property
sites in India to find the best home in their budget.
Understanding these
emotions can help sellers and brokers connect with the buyers and suggest them
right property. It also increases chances of a sale of a home with fewer
efforts.
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