Why investment in real estates in Ravet is considered a good investment?
Ravet, which is close to Hinjewadi IT park is witnessing a boom in construction activity as the once open land is being transformed into a concrete world with new housing complexes and commercial projects. Amongst all projects, Urban Skyline in Ravet is the fastest-selling property due to its astounding amenities and location. Moreover, pricing is competitive. Energy-efficient features are the added advantages.
Advantages of investing in real estate in Ravet
The benefits of investing in real estate are stable cash flow, tax advantages, diversification, leverage, and passive income. Also, a real estate investor can make money through rental income, appreciation, and profits.
1.Stable cash flow- Cash flow is the amount obtained after mortgage payments and operating expenses. A good real investment provides 6% or greater cash flow. The cash flow strengthens over time as you pay down your mortgage.
2.Tax advantages: Various tax codes allow deductions for the normal expenses incurred in owning real estate including property upkeep, interests paid on the mortgage, maintenance, and improvements. Real estate taxes are deductible, thus reducing your overall taxes.
3.Real estate leverage: Real estate is a tangible asset so can serve as collateral; financing is readily available. For example, a 20% down payment on a mortgage, fetch you 100% of the house you want to buy. This is called leverage.
4.Portfolio diversification: The diversification potential of real estate investment can lower the portfolio volatility and provide a higher return per unit of risk.
5.Building equity and wealth: You can build equity, as you pay down a property mortgage thus allowing you to buy more properties and increase cash flow and wealth even more.
6. According to the National Association of Realtors, appreciation levels for real estate have been 6 percent per year since 1968, including during the downturn in the economy beginning in 2007.
7. There is one more advantage of real estate investment and that, it’s easy to purchase, it’s easy to finance and there are no insurmountable financial barriers to entry.
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