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FIND YOUR HOUSE IN YOUR CITY

WHY SHOULD YOU BUY A HOME

FIND YOUR HOUSE IN YOUR CITY

NO LANDLORD HASSLES

When you have a home of your own, you are in control. You do not have to deal with a landlord; be it minor repairs or a complete overhaul of your entire home, living on rent is a pain in many ways. You are dependent on the landlord for water, electricity, maintenance and almost everything else.

EMOTIONAL SECURITY

When you purchase a house, you provide your family their very own space; a home. At the end of a long day at work coupled with tiresome commute and continual stress, returning to your own nest brings alive a sense of security and comfort which is simply irreplaceable.

NO COMPROMISE

Rent is an expense and the general tendency is to reduce expenditure. Therefore, you may end up compromising on several aspects such as location, size and amenities. On the other hand, when you buy a house, you will ensure that your chosen property meets your expectations.

HOME AS AN INVESTMENT

When you are likely to live in a particular city for long, it makes sense to buy a house so that you have a feeling of belonging and permanency. You get to identify with the city and its lifestyle. You feel that you have finally settled in life. Besides property prices usually appreciate over the long term.

TAX BENEFITS ON HOME LOAN

Your home loan principal and interest repayment fetch you attractive tax breaks. And remember, renting actually is more expensive than just the rent you pay. Your cost is higher since you are not earning any interest on the deposit amount paid to the landlord (which is quite high in premium locations).

BUILDING YOUR OWN ASSET

Paying of rent is a pure expenditure, Instead you may pay the home loan EMI. And finally, buying your own home is a symbol of accomplishment and success in the society. Your wealth and status is measured by the home you own. Thus, by buying a house, you can enhance your social status significantly.

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