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Why investment in real estates in Ravet is considered a good investment?

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  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 ...

All About MHADA

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  MHADA or Maharashtra Housing and Area Development Authority was established in the year 1977. The schemes under MHADA give the residents of Maharashtra access to affordable residential property, especially those belonging to economically weaker sections (EWS) and Lower Income Group(LIG). Moreover, the scheme allows people to buy properties in the most sought-after localities of Mumbai and Pune at costs that are lower than the offered prices by private builders. MHADA provided the first-ever low-cost housing scheme in 2012 via a lottery draw system. The authority has set fixed prices for the units available under the MHADA lottery housing scheme 1. Units for Lower Income Group(LIG) are priced between Rs.20 lakh and Rs. 30 Lakh 2. Units for Middle-income Group ( MIG) are priced between Rs.35 Lakh and Rs. 60 Lakh 3. Units for sale to Higher Income Group are priced between Rs. 60 Lakh and Rs. 5.8crore 4. Units Available for sale to Economically weaker Section (EWS) applicants are pri...