How Owning a Home Can Help in Your Retirement?

The biggest hit your retirement funds could take is a purchase of a house. But according to people, it is a necessary investment that is going to help in the long run. So where do you buy your house? You aren’t just buying a flat for your future self but the chances are you will start residing in the house that you buy as soon as you buy the house. It becomes increasingly important that you invest in the house not only for the future but also for your current self. You would need an easy commute to and from work and also the society that you buy your house needs to have a good standard of living.
Thane is a metropolitan of the megacity Mumbai. Thane is well connected to the city and it costs less than Mumbai when you are buying a flat in Thane. There are many ​completed projects in Thane​ that you can buy your house and be ready to move in. Thane is also evolving as a city and there is much infrastructural advancement that makes investing in Thane projects​ even more lucrative. So how now you know you need to invest in ​Thane projects ​but how would it help your retirement plans? Here are some reasons on how owning a home in ​Thane projects ​could help you in your retirement.
1.​ ​Your cost of living will be lower.
It is evident that when you buy a house the maintenance cost and the taxes increase over time. But if you rent a flat in ​completed projects in Thane​ you would be burdened by those costs as well. Renters need to pay more rent as the market matures so that the landlords can keep up with their payments of taxes and maintenance. The landlords are also depending on the rent to make a little earning for them. So if you own a flat in ​completed projects in Thane​ you would be better off as the overall cost to own the house is lower than when you rent the house.
2.​ ​You can generate income.
The renter market is huge in Thane as people understand the importance of the suburb. Renting in Mumbai is way higher than renting in ​Thane projects​ and the suburb is well connected to Mumbai as well. If you don’t plan on moving into the flat immediately you could put the house on rent. The house will pay for itself. Renting your home in ​completed projects in Thane​ is a lucrative way for you to make a pretty penny for yourself. And once you are ready to move into the house the flat has also gone up in value which gives you, even more, return on investments.
3.​ ​You own the property.
You have lived a life following rules set by your corporate overlords; the house is somewhere you don’t want others to manage your life especially once you retire. When you rent a house in ​completed projects in Thane​ you don’t own the house in ​Thane project​. Your landlord decides what happens in the house and you don’t have a say in it except for moving out. Usually, you will be constantly moving like a vagabond looking for a new place to settle. It is fine at a young age but as you get older constantly moving and getting adjusted to a newer environment starts taking a toll on you. When you own a house in ​completed projects in Thane​ you give yourself the chance to live your life on your own terms, decorate the house like you want to and save you the hassles of constantly being on the move. After all, is having a bad neighbor worse than having bad health because of you being constantly on the move in old age? It is better if you buy a house before your retirement.
Posted on 24th July, 2020
|Tags : Thane Builders and Developers, Reputed Builders in Thane
|Comments : 2 Comments
-
03.03.2022
Why Buying Residential Properties in Thane is The Safest Future Real Estate Investment Bet?
Read More -
18.02.2022
A Detailed Guide For NRIs Who Want To Invest In Under Construction Projects In Thane
Read More -
05.02.2022
Here's Why Buying Luxurious Flats In Thane Will Remain a Safe Investment Choice Despite COVID-19 Scare
Read More -
21.01.2022
What is RERA & Why is it Important To Opt for RERA Registered Upcoming Residential Projects in Thane?
Read More -
31.12.2021
Extra Expenses That One Must Consider When Planning To Invest In 2 BHK Flats In Thane
Read More -
11.12.2021
Why Are Under Construction Projects In Thane Your Best Choice Of Property To Buy At This Point?
Read More -
26.11.2021
Home Loan Rates At Their Lowest - Why This Is The Perfect Time To Buy A Property In Thane?
Read More -
26.11.2021
Advantages of Investing In New Residential Projects in Thane While They are Still in their `New Launch` Phase
Read More -
12.11.2021
5 Things To Look For In a Flat When Buying Residential Property in Thane in the Post COVID Era
Read More -
29.11.2021
Secrets That First Time Home Buyers Need To Know When Investing In Properties In Thane
Read More -
22.10.2021
Top 15 Key Terms From Today's Housing Market To Understand The Trends When Planning To Buy Flats In Thane
Read More -
16.10.2021
With Rental Rates On The Rise, Is It The Time To Invest in New Residential Projects in Thane?
Read More -
01.10.2021
7 Things That You Can Do To Be A Proud Owner Of A Residential Property In Thane
Read More -
24.09.2021
How Much Does It Cost To Buy A 1 BHK Flat In Thane? What Are The Hidden Charges?
Read More -
03.09.2021
Important Factors To Decide The Best Area To Buy A Residential Property In Thane
Read More -
20.08.2021
Coronavirus Unlock: Is Now A Good Time To Invest In Residential Flats In Thane?
Read More -
13.08.2021
Hacks To Make Your Personality Reflect In Your Residential Flats In Thane To Present Your Unique Self
Read More -
30.07.2021
What happens to a residential property in Thane whose owner passes away without a will?
Read More -
26.07.2021
Top 10 Tips to assist you with the decision of what floor to buy a Residential Property in Thane Ghodbunder Road
Read More -
11.06.2021
Real Estate Investors View Residential Projects In Thane As Big Opportunities Post-Covid
Read More -
16.04.2021
Experience The Symphony Of A Readymade Life By Investing In A Ready To Move Flat In Thane
Read More -
09.04.2021
Prices of Affordable Housing Properties in Thane Expected To Shoot Up-Post Lockdown Impacts
Read More -
20.03.2021
Things You Must Check-Off On Your Checklist While Looking For Flats For Sale In Thane Near Station
Read More -
05.03.2021
Looking To Buy A Flat In Pokhran Road On Single Income - This Is How You Do It!
Read More -
10.04.2020
How Investing In A Residential Property In Thane Can Put An End To Your Commuting Woes.
Read More -
14.12.2019
How Hard Is It To Find the Right Balance Between Luxury & Affordable Flats in Thane
Read More -
22.10.2019
The Essential Checklist To Consider Before Investing in Any New Building Projects in Thane.
Read More