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Real estate investment has become one of the major pockets for investors who aim to get good returns on their money. Letu2019s take a look at the benefits of investing in luxury real estate in Kolkata.
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PS Projects Benefits of Investing in Kolkata Luxury Real Estate Industry
Introduction • Gone are the days when people used to save money simply in bank. • Real estate investment has become one of the major pockets for investors who aim to get good returns on their money. • Residential properties in Kolkata offer the opportunity to get good deals on luxurious real estate. • Let’s take a look at the benefits of investing in luxury real estate in Kolkata.
1. Steady Flow of Cash • As an investor, knowing how and where to put your money is important. • Investment options in real estate offer long-term benefits that allow for continuous returns. • Real estate, be it residential or commercial, is a safe investment in terms of quicker returns. • NRIs as well as the retired population prefer to buy residential properties in Kolkata
2. Tax Benefits • Investing in real estate not only means a safer investment option but also enjoying several tax benefits. • Depreciation is a tax-deductible expense for real estate investors who own commercial rental properties that generate income. • As a result, you will be likely to have a lesser tax liability and less taxable income.
3. Great Scope of Appreciation • One of the best advantages of investing in real estate is that its value appreciates with time. • This way, real estate outperforms other forms of investment. • The value of real estate depends on several factors, including location, connectivity, transportation as well as infrastructural development • Naturally, the appreciation value of residential real estate properties also depends on the demand of the location.
4. Unparalleled Safety and Security • One of the key features that homeowners consider in a prospective home is the safety and security features. • The security of life and property is one of the major concerns that people have. • Apartments in the EM Bypass area address several safety and security measures to ensure the peace of mind of the residents. • As of 2021, property values in Kolkata projected a growth of 10% by the next few quarters.
5. Affordable Luxury Properties • Unlike other metropolitan cities, residential properties in Kolkata are affordable. • Besides, the developing IT industry in the city has made it a top choice for several multinational companies. • Semi, as well as fully furnished premium apartments by eminent developers like PS Group, make it lucrative for investors and buyers.
6. Financial Security • Investment is always associated with risks. • Real estate offers potential security since property value appreciates. • Real estate in Kolkata has shown potential, even when the overall market has fluctuated.
7. Scope of Leveraging • Real estate is a leverageable asset. • It can be used to build your wealth by leveraging cash-on-cash returns and returns on investment (ROI). • Cities like Kolkata possess all the potential to emerge as a definite market favourite. • This is because other large metropolitan cities like Mumbai and Delhi have already been facing market saturation.