If you have been flipping the pages of real estate magazines, harbouring a deep desire to own a big home one day, it may be time to take the plunge. There is never a good or bad time to move to a bigger home. Once you have carefully considered the different factors affecting the purchase decision for a big home, you can go ahead with the process.
However, if you cannot make up your mind and want a few reasons to nudge you to make the decision, these five factors could do the trick!
• Get more space with a big home
The need for a bigger home is a lot pronounced now than it ever was. Being stuck inside the house due to Covid-19 has been hard on most people. But if you buy a home with ample space, you can enjoy greater comfort.
Living in close quarters with other members of the family can be challenging for a long duration of time, especially if some members are working full-time and need a silent, undisturbed space for the same.
A bigger home can offer you more privacy. You can also use up the space to make a playroom for your children, a home gym for your physical and mental well-being, or a home office where you can work without any distractions.
• Benefit from competitive home loan interest rates
Post the Covid-19 outbreak, many banks are offering lower home loan interest rates, roughly as low as 6.65%, that can help you save a considerable amount of money. The lower the interest rate, the lower are the EMIs. This can help you get a bigger home at a price that is suitable for you based on your income.
Enjoy working from home
The COVID-19 pandemic has made work from home a norm. Workplaces are gradually reopening; however, multiple companies are keeping the work-from-home option still open.
If you are someone who prefers to work from the comfort of your home and save time on travelling, you need a dedicated space to set up your home-office. You can design a small corner of your living room or dedicate an entire extra room as your working space, thereby giving you the much-needed peace to work. Investing in a big home will truly be worth every penny and offer you the chance to enjoy your purchase to the fullest.
• It is great for social get-togethers
With limitations on dining outside, you can invite your friends and relatives home and enjoy a lovely evening together. A bigger space allows you to host parties for a larger gathering of people.
You can turn your balcony into a bar or enjoy a nice sit-down dinner at a luxurious dinner table. A bigger home can help you create loads of beautiful memories with all your loved ones.
• You will be adding a valuable asset to your portfolio
Real estate is one of the best assets that you can own as they offer financial security. It can also be highly profitable if you decide to sell it or rent it at a later stage in life. If you buy a home in a luxurious project, you can expect a luxurious apartment but what if you also get to be a part of the exquisite Mumbai skyline. That is exactly what is offered by Piramal Realty at their various properties across the Mumbai Metropolitan Region.
To sum it up
A home is an integral part of one’s life. It is one of the most valuable assets that one can ever own. So, one must make sure that they buy a home that offers optimum and comfortable space to take care of all their needs – be it an added space for social get-togethers or a home-office, dedicated rooms for each member of the family or an extra room for the guests, a bigger home offers a wide range of benefits.
Moreover, since Piramal Realty is offering zero pre-EMI on all its projects*, there really could not have been a better time to upgrade to a bigger home!
*Disclaimer: This offer is available for a limited period. Terms and conditions apply.