Agrante Kavyam Commercial Complex - Myths about Purchasing a Home
Every single topic has some truths and myths, and buying a home is not an exception of it. There are several things that cannot be questioned because many people trust them to be true. But, actually these nuggets of wisdom are myths that people follow them blindly.
In this post, you will find some myths about purchasing residential property. However, these misconceptions could be true for some people on the basis of their preferences, but according to real estate players such as Agrante Kavyam Commercial Complex, these are only misleading things.
- Every project is covered by RERA
Many people believe that RERA act, 2016 covers all the projects, but it is not true. It only includes those projects that have eight or more units (apartments) and specification of 500 square metre or more than this.
- Subvention plans help in reducing the cost
Subvention plans also known as no-EMI-till-possession plans, where a developer asks customer to pay about 10-30% of the total amount upfront, is just a strategy to hold the customer. Overall, it does not help in reducing the cost, in fact, the ticket size results being higher. The price discounts are also lower than regular down-payment schemes. It does not have any relation with direct reduction of the prices.
- Renting a home or commercial property is better than purchasing it
Well, there is no clear answer to this question – “which one is better – renting or buying a home/commercial property?” because it is totally depend on the individual needs and preferences of a person. But, owning a home is a good option for those, who are planning to reside in any city for a long-term or rest of their life. Further, real estate investment is a great source of earning income. It can be an additional source of rental income with long-term capital appreciation. The biggest advantage is that you will get a roof over your family and you would be the only owner of that home.
Kavyam Commercial Complex has the perfect combination of style and quality. These 2 factors distinguish this housing from others. All properties are constructed using eco-friendly elements in a unique way to give them aesthetic look. Entire range of commercial property you will find are designed mainly for folks, who want to meet their lifelong dream of owning their own shop space. When you explore these properties, you will remove all myths from your mind and buy the perfect shop in Kavyam commercial complex.