With the growing number of population, the demand of property is rising in the same ratio. People are demanding various kinds of properties e.g. serviced or luxury apartments/flats, homes, bungalow, plot etc. The very important and basic thing, which is to be cleared before deciding to get property, is the “purpose” to have that because all depends on the intention to have the property. If you are planning to hire a home or flat then first you should know the duration to reside therein. If it is for long term point of view (e.g. more than 3 years) then you should not opt for rental property as if you calculate the figure of annual rent then you will surely find that it would have been better to buy property instead of choosing the rented house. If you are planning to have property for very short period then you can think to get rented home/flat/apartment etc.
Demand of Property -
It has been noticed for last so many years that people are giving preference to rental home/flats etc because of the very high cost of property. The salaried employed are not getting a big bugs to pay high loan installment with interest for a very long period. They consider their future as uncertain and don’t know much about their earning and capability to pay loan amount in near future. But people (8 out of 10) are opting to acquire property and they prefer different financer to provide home loan (s) for sufficient period of time and they use to pay fixed amount of installments with interest during the set time period. Once they would have paid the entire due installment they get complete possession of that property.
It is always considered a good decision to buy the property for complete satisfaction and for security point of view.
Demand of Property -
It has been noticed for last so many years that people are giving preference to rental home/flats etc because of the very high cost of property. The salaried employed are not getting a big bugs to pay high loan installment with interest for a very long period. They consider their future as uncertain and don’t know much about their earning and capability to pay loan amount in near future. But people (8 out of 10) are opting to acquire property and they prefer different financer to provide home loan (s) for sufficient period of time and they use to pay fixed amount of installments with interest during the set time period. Once they would have paid the entire due installment they get complete possession of that property.
It is always considered a good decision to buy the property for complete satisfaction and for security point of view.
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