Be Future Ready with Smart Homes by Goel Ganga Developments

In this techno-savvy era, everyone is looking for smart ways to make life little easy and fascinating at the same time. While buying new homes modern families are opting technology and luxury over the traditional ways. Living in a metro like Mumbai, Pune, and Bangalore is not an easy task considering the purpose of safety and security. The trend of gated communities is making life easy, but it is not easy to access in limited budget.

Considering these issues Goel Ganga Developments Pune launched various new residential projects in Pune. You can easily map the locations if you are familiar with the city. As per AnnujGoel, Director of the group the demanding areas are Dhanori, Undri, Nibm, Tathawade, and Wakad. These areas are rapidly undergoing through residential and commercial developments. Various construction companies are investing in Pune in recent years and contributing to making it a better place.

While buying a new house people do plenty of research regarding location, facilities, traffic, power supply, water supply, drainage, safety, etc. The list goes endless because the needs are growing day by day. And in the rush of life, we need to start thinking about each of them seriously. By making the homes future ready we can easily save time, energy and money. In this context, Anuj Goel, Goel Ganga Group owner says, that adding technology as an essential part of our properties makes living easier in every aspect.

He further adds, the apartments in Dhanori, NIBM, Undri are designed and engineered considering the basic needs of present-day families. The flats are highly spacious and meticulously planned by the experts. You can infuse technology easily and make your life convenient and as per your needs without any hassle. Home automation is highly in demand these days, CCTV, intercom, free Wi-Fi, etc. are some popular special facilities which are in practice by the smart homeowners.

The trend of making houses innovative and smart with advanced technology is reducing the charm of traditional homes. Everyone is looking for the transformations while buying a new flat. These changes are adding glamour and sophistication in the personality of the homeowners. This remarkable transformation in society has changed the mindset of buyers. Moreover, Goel Ganga Developments Pune is offering budget flats in the best localities of the city.

Smart Tips to Build Long Term Wealth with Real Estate in India

Buying a home is equivalent to investing in long term capital in India. The experts say that you need to have plenty of patience, time and money to invest in a property. According to Goel Ganga owner, Anuj Goel you shouldn't invest in real estate until you have endless savings, a flourished business, emergency funds, no debts, and a secure retirement plan.

Real estate is a tricky field in Indian market. It requires your clever brain and amazing presence of mind. It can be a profitable investment; on the other hand, it requires a huge time commitment. A well-maintained turn-over can give you big returns. If you live in a separate home and buy another home for reselling, renting or leasing; it is a good venture.

Goel Ganga Group owner suggests that real estate is a costly investment. It requires plenty of cash on hand and reserved money for the emergencies. In case, you have to fix an issue regarding the stamp duty, registry, etc. you should have enough money to cope with the everyday expenses easily.

Then he adds that examine to invest in safe projects. Anuj Goel says get yourself involved in REIT, real estate investment trust. It reduces the stress and time commitment by providing vulnerability to the market. Mostly the REITs focuses on a particular type of projects like hotels, malls, apartments, etc. It also offers various alternatives like liquid investments, buying shares through a brokerage firm, and you can also collaborate with private markets.

Any investment requires keen knowledge and relevant research. The best results come from the local market that is the neighborhood. Communicating with the local agents and property dealers helps a lot. At this place, Goel Ganga Developments Pune is an authentic source for these types of research.

Make easy and simple strategies. Anuj Goel, Director at Goel Ganga Developments Pune says that the best advice is to keep things simple. It can help in a long way in the real estate industry. The only intention behind investing in real estate should be generating enduring benefits. But don't be deceived. Keep your expenses low and small. The returns are good when you buy a single family home, like 1-2 bhk flats. They can turn positive for renting and can generate income. Meanwhile, keep an eye on the rental payment. It should be covering the mortgage, insurance, taxes, maintenance, etc. expenditures on the easy go. If not, then you are losing money and it requires your attention. 

7 Things You Should Know Before Investing In Your Second Home

Do you want to buy a second home? Buying a new house demands smart moves and wise decisions. In the words of Anuj Goel, Director Goel Ganga Developments second home buying requires the same old procedure like picking the location, checking the amenities and surroundings, etc. He further says that the first prime aspect is your budget and needs. Here we bring you the most promising tips you should keep them in mind while buying a second home.

1.    The location – If you are going to buy a second home, be careful before choosing the right neighbourhood. Try to visit the location frequently to find out more about the locality and people. In addition, try to communicate with the locals to gather more information about the area and facilities. In fact, take some time to research the rental climate in the area.

2.    Identify your needs and requirements first - Knowing about the requirements like type of flat, locality, amenities and purpose of buying the second home helps a lot. Ask yourself what is the aim? Is it renting or just for investment, find a property that fits into your requirements. Try to search for a similar type of home which suits your budget and fulfils the necessities. 

3.    Calculate the expected expenses - Your second home will also require cash for expenses – both expected and unplanned. You have to make a budget, manipulate the other essentials like registration fee, real-estate agent fee, lawyers' fee, documentation charges, repair/renovation if required. And finally, you have to pay property taxes, insurance, potential homeowners' association dues, etc.

4.    Find a good real estate company - If you don't have enough information about the locality, you should find a local real-estate agent for the most suitable property analysis. Mr. Annuj Goel says that hiring an agent reduces the stress. With the help of reputed property dealers you can search the right flat within your budget. They assist in making searches fast and easy to save your time and money.

5.    Think about a home loan with low EMI – After finalizing the property, you must think about a home loan. Don’t forget to consider the terms and conditions of the loan. You have great past experience, so you can negotiate at the time of getting EMI benefits.

6.    Tax implications – Tax implications are another challenge for home buyers. You have to bear mortgage interest, property taxes, repairs, depreciation, and operating expenses. It asks for maintained records of income and expenses, ITR, CIBIL score and much more. 

7.    Going for rental income - If you are buying for renting, try to find out the rental rates in the particular area. It will bring great returns in your investment; it is a good time to invest your money. You must search for some location that can fetch you desired returns.

Therefore, buying a second home can be a smart investment. And choosing reputed builders in Pune eases the entire procedure of home buying.