The landscape of the Indian real estate market has gone through a major transformation in the last decade, especially with the onset of the COVID-19 pandemic. Since buying a villa is a major investment, one shouldn’t rush it in a hurry. Give it a good time and analyze the requirements based on your preferences. One of the popular myths about villas is that they are not affordable compared to other options in the market.
However, this is not true. In reality, most people invest in villas as the lifespan is longer and you can get higher returns. Apart from financial benefits, there are several other advantages of investing in villas. Just like every other real estate investment, you should perform in depth research of the market for safer investments.
If you are still having second thoughts on investing in villas, here are some of the benefits of investing in them.
Better investment option:
As there are several options for investing your valuable money in the real estate sector, you will have to choose the ideal option for you based on your requirements and expectations. There are various factors that can make or break the villas in Mogappair. At any point of time in future, people will always be on the lookout for good homes. As the expectations of buyers keep rising, the amenities that come bundled with villas are getting increased. Hence, buying a villa might turn out to be a great investment option for you in the future.
It is a symbol of prestige:
Owning a house is always a symbol of prestige and pride for most Indians. They consider it to be a reflection of happiness in the family. Investing in a villa will be a great option as it will bring great returns in the long term. By purchasing a luxury villa in the heart of the city, you can create and leave a great impression on everyone.
Comfort and security:
A luxury villa will offer utmost security and value added services such as burglary alarms and fingerprint sensors. Some real estate developers also provide private terraces, manicured lawns, play zone, car parking, and much more. With round the clock watchmen and surveillance cameras, you will feel safer than ever.
Better quality of living:
Living in a villa comes bundled with a plethora of amenities that improve the quality of living. It offers almost unlimited options for customizations compared to an apartment. In the case of apartments, you won’t have the options for reconstruction and expansion. On the other hand, you can customize any part of the villa easily both externally and internally.
If you are looking for villas for sale in Nolambur or any other part of the city, you need not have to worry about privacy. It is one of the best advantages of owning a villa over an apartment. As most people choose to go with an apartment lifestyle, privacy has become questionable. Instead of sharing walls with your neighbors and living in a packed community in apartments, you will get to live in your own space with ample freedom.
You get better appreciation value:
Living in villas is always a better choice, especially in cities like Chennai. You need not have to compromise on your expectations and can get the best in class amenities. Villas also have an unbeatable appreciation rate and will be the ideal place for families. Contact your real estate developer to get a villa located in a pollution free zone to live away from the hustles of the city. Even if you choose to live in the suburbs, it doesn’t mean that you live far away from the city and they are well connected with the major hubs of the city.
You will get the highest resale value:
The initial investment that has to be invested into villas might be higher but they will have a higher resale value in the long term. They are better in terms of space and resale value compared to the apartments. Moreover, you can also rent out your villa for extra income if you don’t have plans to move into it. By investing a slightly higher value, you will get to reap more than you invest in the long term.
Villas provide ample amount of space for their residents around their houses. Most people opt for kitchen gardening as it is relatively cheaper and less time consuming. They also get to grow home grown vegetables which helps them save a bit of money that is spent in supermarkets. Moreover, gardens add a sense of aesthetic value and visually pleasing appearance for homes.
Get to live inside a gated community:
Villas that are built in gated communities will often be surrounded by lush greenery which adds a visually pleasing experience to its residents. This visual feast will make the villas look like nature lovers’ paradise and will also be home to a wide variety of plants and animals.
If you are planning on investing in villas, well, go ahead, now is the right time to step into it. Get in touch with top notch real estate developers in the city to choose the perfect villa for you. Discuss with their team of professional consultants, to seal the perfect deal in a premium location in the city.