Smart Investment Near Mumbai

Second Home-Smart Investment Near Mumbai

Buying a second home near Mumbai has become a popular choice as a smart investment, isn't it? The pandemic has developed a trend of working remotely and spending quality time with family. As an investment, buying property is a very good decision. Smart property investment has become a tedious task. But a lavish second home is the need of the day to escape the crumbling suburban life. Although a second home is a preferred option in property investment; this is not a smart investment strategy these days.

Let's take a look at why people buy second homes:

• Expand real estate portfolio

• Tax Exemption

• Potential appreciation

• Build wealth for retirement

• Increase financial security

All these reasons are quite viable. But second homes still have little potential for sustainability as a dynamic form of investment. If one wants to build a second home near Mumbai as a smart investment, one needs to understand the real estate market in detail. The challenge of finding a tenant, the struggle to sell a home, ongoing maintenance, affordability, high mortgage rates, travel time, and initial purchase costs.

This list of disadvantages can make buying a second home as an investment a nightmare. A second home versus an investment property can be a constant blow. Investing in resort homes is becoming a smart investment strategy if one wants to build a second home near Mumbai as a smart investment. A resort home is a dynamic property that offers potential income as well as a source of stable income.

This is a unique idea, where you get to have a relaxing vacation with your special someone as well as rent it out when you are not around. Also since it is an established, well-constructed property, one can get lavish facilities and amenities along with security. Many real estate marketers are now turning to their choice to build a second home as a smart investment. Karjat, Alibaug, Khopoli, and other surrounding areas are hubs of grand resort home projects.

Resort homes in Karjat are in high demand. Talking about the benefits, resort homes are never-ending. First of all, having your own cozy home is an amazing feeling. This place can be found outside the city limits and is chaotic. Technical factors also contribute to this; The property should not incur more expenses than the income generated through maintenance.

Resort homes are maintained by outsourced hospitality, so you don't have to worry about constant maintenance and fixtures. The second is about maximizing the use of the property as it is a resort home; It comes with some scenic views and additional common amenities, so it can always maximize multiple uses of the property.

Apart from routine stays, events, outings, and holidays can be planned. Moreover, a resort home has a double advantage. The concept of owning a resort home is that you can rent it out when you are not living there. This will reduce your stress about maintenance, hospitality, security, and related stuff. Also, this is your source of additional income. This is an important factor in making a second home a smart investment.

A personal inventory is part of the resort; You can avail the magnificent facilities of the resort. Your resort home can have a pool, open green area, game area, and spa so that you can have a relaxing vacation with your special people. It's much more fun than being confined within the 4 walls of your second home. A resort home investment is an upgraded version of a second home. This makes resort homes more expensive than other homes. A resort home is not just a property investment but your second home which is a smart investment. Buying a second home near Mumbai in India has now turned to buy resort homes.

Want to do a smart investment near Mumbai, then connect with us for better investment plans with high returns.

Visit our website - www.pushpamsanskruti.com

call us on - +91-7887881429

Related article - Stop Buying Second Home Start Investing in Resort Home

 

 

 

 

IRR AND YIELD - Things To Know Before Real Estate Investment

 IRR AND YIELD

People give priority to real estate investment because it gives more returns. However, the rate of return depends on various factors. Cash flows may change every year, and go up or down; these markets are subject to real-time change and risk. Therefore it is also important to know the potential rate of return of the asset. Real estate investors calculate this with the help of many tools, but IRR and Yield are the most suitable. Real estate is a dynamic avenue, unlike the stock market.  Various factors in the market and outside result in the price and return of the property. Thus, a fresh investor as well as a senior investor has to understand IRR and yield.

What is IRR?

Internal rate of return also known as IRR is a parameter or metric used in the real estate domain to calculate the average return on investment. IRR is an important tool for understanding expected returns from existing assets as well as potential assets. IRR, when calculated, results in a percentage of annual return on investment. 

As it is a technical term, numerous factors are considered during the calculation of IRR. IRR is primarily related to two main factors: Profitability against Investment and time.

In any type of investment, Profit is important. It is the value against your spending; may it be a rent or mortgage payment or any steady income. However, profit parameters vary on your overall business or investment model. Whenever your returns are more than the initial investment, it is considered as profit. Profit is the ultimate point after you deduct associated expenses like property tax, maintenance, or any other. On the other hand, time is an important factor because it is directly proportional to the value of a property. The value of your property is what it is today not some years down the line and also in the future.

What is Yield?

The yield is what we understand as IRR. Income is the earnings on your investment. It considers factors such as the amount invested and the current market value of your property. Income is also calculated on a percentage basis. There is a method to calculate yield and IRR. While talking about IRR versus income; the main difference is that the yield to maturity refers to the investment already made. IRR can also give you a percentage of a potential investment. Yield to maturity known as YTM is a metric for calculating yield at current market prices. The investment here may be some form of bond or other fixed-income security. YTM calculation is more tedious than IRR.

IRR and yield calculators are not so much about arithmetic. It can also be calculated with the help of Excel sheets the most common way. However technical formulas for IRR and yield consider factors such as annual rental income, property value, annual expenses, total investment, number of tenures, etc.

• Gross yield = (annual rental income/ property value) x 100

• Net rental yield = [(Annual rental income – Annual expenses) / Total property cost] x 100

• Internal rate of return=

A common parameter to keep in mind in IRR is that the higher the terminal value, the more money the investor can invest. This reduction is indicative of the high value of the risky investment. Investors around the world need to understand the data points of return on investment. These metrics provide you with an economic analysis to predict the return on investment in property. Therefore, they serve as a guiding principle for investors to decide whether to invest in a property.

Conclusion:

IRR takes into account the property and time value. Its formula is easy and brings out the exact calculation for analysis. IRR is like a blueprint for the investor to understand or foresee the potential property returns. It gives insight into the annual rate of interest during varying periods. It is basically a feature to understand how property shall perform over some time. It also helps you to analysis on multiple projects; which project you should choose for investment.

But you also need to understand what all IRR lacks. It does not take into consideration the following things- future costs, reinvestment rates, size of the project. So while using IRR; keep in mind these things. It is basically used for small projects and investors.

Best investment options with high returns

The evolution of the economic cycle over the past few decades has encouraged the trend of financial investment among individuals. Everyone is interested and curious to know about the best investment options with high returns. Property investment is the top trend due to its dynamic features like low market risk, high appreciation and value of the property, etc.

The post-pandemic period spurred the need for the best investment plan with high returns. Low risk = low return, high risk = high return, has been the golden rule of the investment path since inception.

It is difficult to choose the best investment with guaranteed returns for all income groups. Not every investment can give adequate returns; decide your goals and financial appetite before making a decision. Also, another important factor to decide about investment is to divide your goals into three parts-

• Long term
• Short term
• Middle term

This will boil down to your ambiguities to choose the plan.

Listed below are some of the best and safest investment options based on the risk you are willing to take:

• Fixed Deposit
• Saving Account
• Mutual funds
• Public Provident Fund
• Liquid Fund
• Gold ETFs and Bonds
• Real estate

How real estate is the best investment?

Investing in real estate can be more profitable than stocks or any other type of fund. Buying or selling land is always a profitable deal. It is the best investment option as the value appreciation is huge over a period of time. Remember that the financial value of a house or land always appreciates over a period of time. Having said that, make sure you look at the location and amenities in the surrounding area as this has a significant impact on the price.

Real estate will provide you with the best investment returns, especially in times of uncertainty and in an increasingly competitive world. Apart from this Govt. The government of India is foreseeing some strategies for the real estate industry in the coming year. Employees and professionals always prefer this investment as they find it adequate use of income with low tax leverage. Initially investing in real estate can be a bit intimidating for newbies, but with proper research and guidance, buying it can turn out to be a worthwhile decision. That's where resort homes come into the picture!

How Resort Home is the best investment:

Resort Home is an upgraded version of second homes. It is not just a dead investment but has three benefits, Investing, Enjoying, and Earning.

You have no worries about safety, security, and hospitality. The resort is managed and an outsourced reputed group takes care of it. Resort homes are also a great option for staying.

It solves your problem to maintain a steady flow of income. It’s a steal deal on cost-benefit analysis as the high return rate would be up to 20%. The resort home is a hub for all the luxurious amenities like a spa, swimming pool, gyms, gardens, restaurants, and much more. Lavish villas, row houses, and studio suites are individually part of a luxurious resort. Hence when you purchase here, you get an entire lavish resort as a complimentary.  

This will automatically increase the influx of tourists and visitors. Moreover, now it is also your permanent holiday home for having a relaxing experience. When you own a property, you can have unlimited access to picturesque locations and landscapes. This investment is indeed the safest of all, and a complete package to fulfill all your needs for a second home investment.

Second Home investment near mumbai

SECOND HOME - INVESTMENT NEAR MUMBAI

Buying a second home as a smart investment near Mumbai has become a popular choice of people. Smart property investment has become a tedious task. Although a second home is the preferred choice in property investment; it is not a smart investment strategy in today’s times. Here are some reasons why people are buying second homes:

• Investing income
• Tax exemption
• Potential appreciation
• Rental income
• Provision for uncertainty

All these reasons are considerably viable. But still second home do not have much potential to be consistent in being the dynamic form of investment. If one wants to make second home as a smart investment near Mumbai then you need to understand the real estate market in detail. Challenge in finding the renters, Struggle to sell the house, Continuous maintenance, Affordability, High-cost mortgage, Travel time, Initial Purchase cost.

This list of disadvantages can be a nightmare to buy a second home as an investment. One can be into a constant trauma of second home vs investment property. If one wants to make second home as a smart investment near Mumbai then investing in resort homes is turning out to be a smart investment strategy. Resort homes are a dynamic property that yields potential income as well as becomes the source of steady income.

Resort homes is actually your second home as a smart investment. It is a unique idea or investment option, where you get a relaxing holiday with your special ones as well as you can rent that when you are not around. Also as it will be an established, well-built property, one can get lavish facilities and amenities with security. Many real estate marketers are now turning their choices to make second home smart investments.

Resort homes in Karjat and vicinity areas are experiencing high demand. Having talked about advantages, resort homes are never-ending. Firstly it is an amazing feeling to have your own cosy house. One can get that if the place is beyond the city limits and chaos. Also the technical factors contribute in this; the property should not spend more than the income through maintenance. Resort homes are maintained by outsourced hospitality hence, you also don’t have to worry about constant maintenance and fixtures.  Secondly, it is about the maximum use of a property as it is a resort home; it comes up with some scenic views and extraordinary facilities, so it can always make the maximum and multiple uses of a property. One can plan events, outings, and holidays apart from routine stay. Furthermore resort home has dual advantage. The concept of owning a resort home is when you are not residing there, you can rent that. This will relax your stress about maintenance, hospitality, security and related stuff. Moreover, it is also your extra source of income. This is a significant factor in making a second home a smart investment. Resort home yield amazing ROI, up to 20%!

The individual inventories are part of the Resort hence; you get to use the lavish amenities of the resort. Your resort home can have a pool, open green areas, game areas, and a spa so that you can have a relaxing vacation with your special ones. It is quite more interesting than just staying locked up in 4 walls of your second home. A resort home investment is an upgraded version of a second home. Resort homes make it worth than second homes. A resort home is not just a property investment but it is your second home with a smart investment. Buying a second home near Mumbai in India now has shifted the paradigm to buying resort homes.

second home near Mumbai

 

 

 

Second Home Near Mumbai- Pushpam Sanskruti

Pushpam Sanskruti- Second Home near Mumbai

Earlier owning a second home near Mumbai was not everyone’s cup of tea before. But a couple of years, when the hybrid model of working became the lifestyle that attracted people to purchase a second home near Mumbai. 

Now a salaried person falling under the middle or upper middle class want a dynamic form of investment. They need a space away from the hustle bustle of the city where they can work and spend quality time with family. Good connectivity to suburbs, the least efforts in transportation, medical infrastructure, and internet/telecom services are the basic requirements while investing in a second home. Based on all these factors, India’s second home market is expected to rise exponentially.

There are numerous new trends emerging in real estate, especially in the second home market. Resort Homes is one such innovative and popular trend among the new age investors. The new inventory offers exotic living with state-of-art amenities yet aesthetic comfort. Resort Homes are typically gated communities with premiere developments like clubhouses, golf courses; dine in facility, Jacuzzis, pools, luxurious rooms, and much more. It is a fully developed and functional project generally with inventories like lavish villas and studio apartments. Resort Homes are mostly managed by outsourced hospitality so owners have no worries about security as well as maintenance. It solves the biggest challenge of second homes i.e. unpredictable fixtures, fittings, and cleanliness. Resort Homes is a luxury home that won’t give you unpleasant surprises when you visit there.

Resort Home is a one-time investment that can give you three benefits- Invest, Enjoy, and Earn. When a person invests in a resort home, he can enjoy an unlimited stay with his loved ones whenever he wants. Also, a resort home can become your steady source of income through rentals. It is a luxury home well equipped with facilities and lavish amenities. It can yield a handsome amount of rent thus solving your concern for ROI through investment. Resort Homes near Karjat, Alibaug, Lonavla, etc. are investors’ choices. It is a dynamic form of investment that does not become a dead investment over a period of time.

The biggest advantage of Resort Home is when you buy a house; you can do a rent agreement with the management and give it on lease again to them to run as a rental vacation home for tourists. This gives you a good rental income at least up to 20% of total revenue. Any type of Second home near Mumbai won’t give you those good returns. Even commercial spaces give returns up to 12-15% of ROI.  There are many budget-friendly resort homes available near Karjat. Plus the resort home is also a great place for destination weddings, corporate events, get together, workcations, etc. Hence it is not just a mere investment but a provision to secure your present and future. A resort Home is an innovative idea of owning a luxury home. The real estate market has experienced a drastic change in a couple of years. Second homes near Mumbai have experienced the shift of paradigm as Luxury Homes or Resort Homes near Mumbai. 

LOOKING FOR A FARMHOUSE NEAR MUMBAI?

LOOKING FOR A FARMHOUSE NEAR MUMBAI?  HOW ABOUT INVESTING IN A RESORT HOME INSTEAD!

A recent trend that has been observed in the real estate market is investments in second homes. There has been a surge in the buying of farmhouse near Mumbai in recent years.

This comes in no way as a surprise as people are looking for an escape from the stagnant daily routine. Can’t blame it, the urban city life has given people little to no space to witness the magnificence of nature or be at peace. People are looking for plots curated in green lands distant from city life to escape with their families over the weekends. Farmhouses have no doubt sprung upon the concept of second homes in India.

Farmhouses are usually homestays constructed on farmlands with a rural setting, where people can unwind during weekends or take vacations. With this concept, a second home near Mumbai has definitely become a preferred real estate investment. People’s choice of second homes is usually amidst nature in green lands or some cozy places like Karjat, Alibaug, Lonavla, etc. People are usually looking for a serene and calm environment to spend a relaxing, private weekend, and hence you will not be surprised to see a farmhouse in Karjat every now and then while on a drive along the way.

As an investment, second homes are worthwhile because of their location. For example, a farmhouse in Karjat will definitely cost lesser than a plot in Mumbai. So, second home near Mumbai is considered a way to scale up your assets value. Real estate is an investment with tangible value, the cost of land usually appreciates and if not, it will always be of a certain value, it can never be zero. Sometimes a portion of the land (because farmhouses usually are constructed on farmland) is sublet to farmers or individuals who are interested in carrying out farming activities. The output can thus be another source of generating income. People now see a second home as not just an investment but also the active source of revenue generation. They want to make personal use as well as make it a form of a steady source of income.

With these motives, a farmhouse cannot always be a perfect choice. The following arguments show the other side of the farmhouse as an asset!

• As they are usually constructed on agricultural land, not everyone can buy the land. Some states permit only farmers or if you are registered as a farmer to own the land. Agro land rules of buying and selling varies in different states.
• NRIs are restricted from buying agricultural lands and hence farmhouse near Mumbai as an investment becomes a distant dream.
• Not all farmlands are allowed to be converted from agricultural to residential or NA. Most lands also require a conversion certificate before any construction.
• Second homes are mostly utilized as holiday homes so the cost of maintenance can be daunting and there is always a fear of security as the owner is not always present.
• Fertile land cannot be used for residential purposes, so unless it has a barren or dry land portion, residential construction is prohibited.

So why not think out of the box to fulfill the dream of a beautiful Second Home! Think about a Resort which can be your home for vacation! Resort Homes are the hot real estate investment with multiple benefits. You own a villa/cottage located in a resort with all the luxuries. Resort homes provide you the best of both worlds – the feeling of home and the luxuries of a resort.

A resort home means quite literally owning a part of the luxurious resorts. Most resorts sell their constructed inventories to those interested to invest. Therefore you do not need to worry about the construction of the same. The resort homes near Mumbai are well equipped with all the modern-day facilities and amenities that provide a luxurious feel to your stay. As far as rejuvenation is concerned, most resorts are located in a serene and secluded place amidst nature, providing the best getaway from mundane city lives. Therefore, a resort home near Mumbai has become a preferred choice among the masses, especially among salaried individuals.

As far as generating income is concerned, resorts are preferable destinations during vacations, so hosting guests in your second home without worrying about their comfort and earning out of it, is definitely a profitable deal. It has all the charm of a farmhouse and yet there’s no need to worry about the maintenance and security when you are away. Even farmhouses near Mumbai do not provide such facilities. Most resort homes near Mumbai provide exceptional services that make your unwinding worthwhile!

Why Resort Homes Are Considered A
Fantastic Real Estate Investment?

• Amenities that emanate luxury:

Any property that is being utilised for a resort is sure to have tons of amenities and luxury like a spa, swimming pool, gymnasiums, indoor and outdoor activities, housekeeping, delicious food, etc that makes investing in a second home near Mumbai a worthwhile real estate investment.

• Professional Management:

Management of your property is in professional hands when you are away and hence hosting guests become extremely efficient. Like at Sanskruti Resort and Suites, a resort home near Mumbai offers the best hospitality and maintenance of the property for the owner and guests.

• Security and Maintenance:

When used just for holidays, security and maintenance of second homes become a major concern for the owners. While away, these resort homes are properly maintained and taken care of by the resort authorities. You can be rest assured that you or your guests have the best stay when they arrive.

• Easy returns with this investment:

It is practically the most value provider investment in real estate today. You own a part of the resort which you utilize according to your likes and the rest of the time, the resort authorities take care of the rental and accommodation giving you a share out of that. Also with resort homes, the valuation of the entire property appreciates and not just your villa. Definitely sounds like a worthwhile investment.

A valuable investment goes a long way, and what is more beneficial in investing in a resort home is that it earns for you! Resort Homes near Mumbai is the investment that gives you three returns- Invest, Enjoy and Earn all at the same time.

 For know more details about farmhouse investment near Mumbai visit:

Website:- www.pushpamsanskruti.com

WhatsApp/call:- 7887881429

 

 

 

 

 

 

 

Why Resort Homes are better than Second Home near Mumbai?

Real estate is a fascinating world of investment opportunities and offers the best options to put your money into. The real estate investment provides an assured return, which makes it a deliberate way to generate slush money. Many of us are looking forward to investing in real estate. The second home near Mumbai is becoming a popular investment avenue.

But from the last few years, with the sluggish growth and development of the real estate sector, the investment in second homes near Mumbai has become a dead investment. But property is never priceless if we utilize it up to its full potential.

Here are some things you need to know about the investment and newly emerged market trends, before investing your hard-earned money in second homes, so you can make the most out of the investment and turn the dead investment into a steady stream of income.

Second Homes Near Mumbai As An Investment

Investment in real estate in any form is always profitable as it provides assured income via rentals and an increase in capital value. Second home near Mumbai can be a great place to spend recreational time and in most cases, it is the primary agenda behind the investment in this asset. You can rent out your second home to gain a return on your investment or you can sell the property to take advantage of increased market appreciation.

How To Save Income Tax By Investing In Second Homes?

A home loan for investing in a second home can be quite tax-efficient. Section 80C, Section 24B comes under the Income Tax Act that deals with tax gains under an asset. Under sections 80C and 24B, one can avail of tax benefits up to 1.5 Lacs on the principal amount and 2 Lacs on interest, respectively. This means either you pay the tax or the loan amount, meaning dispense of money is inevitable. This discharge of money can be utilized for an investment.

Things To Be Considered Before Investing In Second Homes near Mumbai

• If you purchase a second home near Mumbai then you need to consider the maintenance aspect and other challenges which come with the purchase of a second home.

• The expenditure does not stop at the investment of a second home; rather it invites some other expenses such as furnishings, fixtures, fittings, plumbing, and security. If the home is not visited regularly, it will fall into disuse and an empty house can invite robbers.

• To successfully gain profit from the market appreciation of a second home, the balance of entry price and exit price should become profitable, which may take some considerable time. Especially if it is a second home near Mumbai.

• Lending out your second home will help you generate some easy money but being a house owner has its own responsibilities and groundwork. Additionally, you won’t be able to use it at your convenience.

• The generation of money in the form of rentals depends upon the property, its location, and the probability of renting out. If the entry price of the property is high, it will directly impact the return on the investment.

Hence, considering all these challenges maintaining a second home near Mumbai becomes turmoil. It can slash your pockets rather than provide a supplement to your income. But the real estate market faces new market trends every now and then which offer new investment options. One such emerging trend is resort homes, which will suit your short-term as well as long-term investment goals if you are looking to invest in a second home near Mumbai.

What Are Resorts Home And
Why Are They A Better Investment Option?

Resort homes are nothing but second homes given out on lease to a hospitality industry to run it as a resort. A resort business needs a property to start & an existing asset can be a push start as compared to new construction. It makes a second home an ideal property to start with & it is the best possible utilization of a second home as an asset. Your second home near Mumbai cannot become a more dynamic investment than this.

A resort home comes with all the benefits of a second home plus the luxury of a resort. Mostly situated in a picturesque location, it can be a great place to spend a vacation. Resort homes are generally the upgraded version of your second home near Mumbai.

The resort management will be running your second home as a resort on your behalf. The resort homes will be equipped with all the required things such as fixtures, fittings, and plumbing. This eliminates your expenditures followed by the purchase of a second home.

A resort home will be or comes already furnished with world-class, aesthetic furniture and other required equipment to make it up to the standards equivalent to a resort.

Being looked after by the management, the resort home is a maintenance-free asset for an investor. All the cleaning and housekeeping services are taken care of, so you won’t get any unpleasant surprises on your visit.

The revenue generated from the hospitality business will be shared with you, which will act as a regular source of income for you. And with this, you can build a maintenance-free luxurious asset to spend your recreational time, which also helps you earn an extra income. Gone are days when second homes near Mumbai were a matter of class and luxury! Upgrade your style of living by investing in Resort Homes now.

Yes, I want to Invest in Second Home

For more details or booking site visit, contact:

Mobile Number:- +91-7887881429

                              +91-7887886114

Website:-  https://www.pushpamsanskruti.com/

Site Address:- Karjat – Murbad Highway, Opp. Damini Farm House, 

                         At Post Kashele, Tal – Karjat, District – Raigad,

                         Maharashtra, India - 410201