Buying a House is Better than Renting: Myth or Reality?

 Finding a good home at times may be critical for many, keeping in mind the financial stability of every individual. With this several individuals are unsure between the choice to buy a new home or to rent one. Buying a home is truly a big financial decision! Hence, as you read along, you would get a clear idea of which idea is better when it comes to looking for flats in Madhyamgram. 

For a lot of people renting may be a suitable option to look forward to, while on the other hand house hunters want to go ahead and purchase a home and add that extra sense of security and stability that renting does not bring along. 

This leaves us with thinking, is buying a house actually better than renting? What makes it so? Well, let’s go ahead and discuss it. 

By renting a house anywhere, especially when it comes to the city of Kolkata, one lacks the opportunity of having a long-term investment that would increase their net worth in the long run. While one rents a home, they are making monthly payments for a property they don't even own! Buying a home and later paying for that (even with instalments) allows you to have a sense of security that the home is actually owned by you and not by anyone else. 

While you may still be stuck between whether renting is better or buying, we have reasons backed up with facts to help you with the same. 

Homeownership has always been considered a suitable option and a gateway for many middle-income group individuals to make their dreams come true. Whether residential properties in North Kolkata or South, we all dream of owning a home and living with our loved ones in peace. People do breathe a sigh of relief when they do not have to pay a mortgage every single month.

The people who still lean towards renting a property are missing some of the key privileges of homeownership that cannot be replaced. 

Did you know, homeownership is relatively cheaper than renting? Yes, you heard that correct. Although buying a house can prove to be expensive, it still can be relatively cheaper if you actually play your cards right. Homeownership is 38% cheaper than renting when calculated per annum. It is calculated by including the total cost of ownership which covers facets such as maintenance, insurance as well as taxes to the amount of rent paid for that exact period of time. 

With homeownership, one saves from the fact of a home loan or EMI payments to be covered which makes it beneficial in the longer run. 

Listed below are some advantages of homeownership over renting:

• A feeling of security and pride in owning a home.

• Need not bear the burden of increasing rent.

• Buying a home with a loan, allows you to pay a fixed EMI to be paid for the time period, making payments and expenses more certain. 

• Less interference from others in your lifestyle (avoiding pesty landlords). 

 Deciding whether to buy or rent a home?

With rapid advancements in cities with time, youngsters are advised to invest and purchase a property in any city during their early stages. Booking a flat in Madhyamgram with beautifully designed apartments catered to the public with the best of everything at a price relatively lower than that of the main city. 

By renting a property, you are restricted to living in a place for a very long time period as several landlords are not inclined towards keeping one tenant for very long, leading towards the uncertainty of a home. With lower interest rates as well as government subsidies offered, owning a home is a lot easier. 

Let’s take an example to help you get more clarity over the same.

Imagine if you are living in a 3 bedroom apartment that is on rent and paying a monthly rent of Rs.20,000. This makes the average appreciation level 5 per cent, meaning after a period of say 40 years, you would have been paid Rs. 2.9 crores. 

On the other hand, a person buying a 3 bedroom house for Rs.40,00,000 on a home loan for a period of 20 years. With the interest rate calculated to 8.3%, a person goes ahead paying Rs. 2.1 crores during the same time frame. 

Why is Buying a Home Better than Renting one?

• Buying a home allows you to gain additional income in the form of you yourself putting the house on rent. 

• Purchasing a home allows you to mortgage a property, whereas this is absent when it comes to renting one.

• You may have to shift homes anytime as per the landlord, whereas when you buy a home, it's entirely yours to keep. 

Hence, it's pretty evident that buying a flat is better than renting one - a fact grounded in truth. If you are looking to purchase a flat in North Kolkata, Madhyamgram is the perfect place to choose one due to its lush green spaces, pollution-free surroundings and the assurance of an upgraded lifestyle. 

If you wish to purchase a flat, Windermere by Signum Group would be the best option. Offering beautiful 2/3/4 BHK apartments starting from Rs 28 lakhs, they make every Rupee spent worth it - giving you the property you own while making your dream come true.

Windmere - The Key to Your Dream Home with Flats in Madhyamgram

 What’s the first thing that comes to your mind when we say “dream home” ? What actually do you visualise that makes this home your dream place to live in ? Is this residential apartment filled with tons of amenities and facilities to choose from? There are numerous questions that come to one’s mind when it comes to searching for a dream home. There are a large number of homebuyers that are in search of flats for sale in the City of Joy. 

When we squarely talk about a dream home, there are a list of amenities and features that would elevate our current standard of living and give us a lifestyle that we could only visualise in our dreams. However, with beautifully designed apartments being built every now and then, we tend to compromise on a few amenities that lack behind in terms of a specific location or project feature that strikes our eye. 

Wouldn't it be amazing if we say that now you could get everything under one roof ? It surely sounds too good to be true, especially if we note that we're looking forward to selling apartments that are amidst nature away from the busy roads of the city. Everything sounds amazing and captivating when it comes to Signum Group offering beautiful apartments in Madhyamgram for the people who choose to live far from the city. Here’s your answer to your next dream home that takes your lifestyle a step ahead. 

Windermere- Making your dream home come alive

Fresh interiors, bigger rooms and of course, better amenities and all of this under one roof seems to be a dream for many. With Signum Group’s upcoming project Windmere, there’s no need to compromise with location & connectivity. Considering North Kolkata to be in perfect harmony with a modern lifestyle, there are still several locations that are developing to and fro. 

No matter how much one depends on modern technology and features, one can never replace it with nature. With time, it has become relevant, rather essential to add a touch of nature and greenery to our daily busy lifestyle and sit back and relax our minds. Windmere has kept that in mind with meeting the demands of its customers. 

A residential project with flats in Madhyamgram, one’s daily lifestyle can be justified with an oasis of serenity, allowing all of its residents to live amidst nature without compromising on their main motive of shifting to a newer home, i.e. a modern lifestyle. 

Choosing an affordable lifestyle in Madhyamgram, Kolkata i spread over a sprawling 4 acres of land offering a larger urban lifestyle with a beautiful lake and natural- green scenery. This beautifully designed gated community brings along with it a bunch of modern amenities.From a modern gymnasium to a rooftop swimming pool, a coffee shop to an amphi-theatre it makes sure it meets the needs of all of its residents. 

Showcasing 2/3/4 apartments, this residential project in Madhyamgram showcases itself as a perfect blend of modern amenities as well as serene living, exactly what every human being in search for a new home dreams of. 

With the help of Windmere, your dreams of a dream home will surely come true, with modern amenities as well as the perfect location without compromising on connectivity being in close proximity with hospitals, schools, essential services that are ready to cater the needs of  every house buyer. So go gaga with a luxury project in Kolkata to live at ease with luxury amidst nature. 

End Your Search for the Perfect Residential Apartment with Windmere in Kolkata

 Area, aesthetics and amenities - these are the three A’s that everyone looks for in an apartment. Therefore, Signum Group has crafted a residential project that fulfils all these three conditions of buying an ideal apartment in Kolkata. With Windmere, expect an upgraded lifestyle as well as added value to the lives of its consumers. In fact, Windmere’s 2/3/4 BHK has striking features that fit well with your budget. 

Being a gated community, this project has a B+G+11 storied structure that is conveniently located in Madhyamgram. With something for everyone in store, these flats in Madhyamgram offer a well-rounded living alongside a great selection of facilities inside. 

Let’s find out what makes Windmere a homebuyer’s choice:

Strategic location:

Strategically located in an emerging neighbourhood, Windmere is smartly positioned in Madhyamgram, North Kolkata. Close to NSC Bose airport and Sodepur Railway Station, these apartments in Madhyamgram will surely make your commute around the city easier. It is also in proximity to the upcoming metro link which is sure to make your travel in the city hassle-free and economical. 

Amenities:

Windmere is a residential project that provides a host of amenities. Right from a toddler’s play area to a landscape garden, Windmere centres its amenities around all age groups. These 2/3/4 BHK flats in Kolkata offer a life with utmost convenience and luxury. Some of the amenities that this residential project offers are: 

• Modern gym

• Toddlers games room

• Infinity swimming pool

• Triple height covered play area

• Community halls with kitchen facility

• Coffee shop with open-air seat out

Live amid nature:
Windmere is a residential project that keeps you surrounded with ample open spaces and quality living experiences at every corner. Providing comforts such as landscaped gardens, an open-air theatre and multipurpose grass court, these flats in Madhyamgram ensure a lesser polluted environment with a promise of fresh air. At Windmere, you can wake up to serenity with a view of luscious greens and a lake.

Connectivity:
People are looking for apartments for sale in North Kolkata as there has been a massive development in the area over the years. Windmere is one such project in North Kolkata that keeps you surrounded with basic facilities like ATMs, banks, grocery stores etc. Apart from this, there are educational institutions like Julien Day school, Vivekananda College and many more. Windmere is also surrounded by healthcare centres like Government Hospital of Madhyamgram, NH Narayana Multispeciality Hospital.

Budget-friendly homes:
Windmere is a residential project in Madhyamgram that offers to fulfil your dream of owning a home to your name. You can now get affordable homes clubbed with luxury without worrying too much about the budget. Windmere helps you get the house of your dreams starting at just 26.79 lakhs. 

In conclusion, Windmere is a residential project that has secured a place in people’s hearts with the quality of living it offers. So, if you are looking for an apartment for sale in North Kolkata, Windmere is the answer for you. 

Things to Check Before Buying a Flat in Kolkata

 

There has been a sudden boom in demand for residential apartments in North Kolkata taking into consideration the affordability factor. In recent times, there are several factors that have contributed to its rising demand, connectivity being one of the most important factors.

With ease of connectivity to the airport and AH-1 (Asia Highway-1) national highway, it's always necessary to make sure you are in close proximity with important landmarks in the locality.  

 Rise in Demand for Real Estate in North Kolkata Explained

Several localities in North Kolkata have been witnessing a rise in development activity. Highlighting areas such as Madhyamgram, Shyam Bazaar, Salt Lake and Barasat. 

It is noticeable that around 90% of the demand in these areas are typically for the residential apartment category, targeting mainly the middle class section. 

Most of the developers offering flats in North Kolkata are showcasing 2,3 and even 4 BHK flats,with a starting price of Rs.28 lakhs onwards.There are several amenities that are included without charging any extra fee from its customers.

Hence, How has the Demand Risen Over Time? 

Keeping aside the affordability factors, there are several other advantages that drive other prospective buyers into purchasing these apartments. The facilities and amenities that these projects provide, along with easy connectivity to Salt Lake and Rajarhat, influences the buyer’s preference into purchasing flats in Madhyamgram. 

However, buying a flat isn't that easy. There are several things to keep in mind before purchasing any flat. Proper scrutiny of documents and other relevant information pertaining to the property, ensures a sense of security and peace of mind that his/her investment is made in the correct place. 

Discover 6 Things Before Purchasing Any Flat In Kolkata

Fix Your Budget- Before you begin house hunting and screening the best flats in Kolkata, it's always necessary to fix a budget in order to make sure you have an undisturbed investment. This makes things a lot easier as it would help you find the best property and avoid any uncertainty. 

Check the Carpet Area- Don't forget to crosscheck the carpet area before booking any flat. Any accumulated area mentioned in the brochures not only includes the apartment carpet area but the staircase, lobby,thickness of walls and much more. 

This signifies that the area is 30% smaller than the specified carpet area. Hence it is always advised to have a double-check on the carpet area before making any purchase decisions.

Legal Status of the Property- Every developer is required to have approvals and no-objection certificates from the Municipal Corporation, electricity board, water supply board etc. 

All these certify that the builder owns the property. And also that the property has been approved by the development corporation. Cross Checking all the legal documents assures that the property is safe to invest in and you could move ahead to make this your next home. 

List of Banks Financing the Project- Banks have become more suspicious with time when it comes to sanctioning loans for low-budget flats in Kolkata.  The reason behind this is that most companies hold unsold inventory and have less cash to complete their projects. 

By having a check on the listed banks involved, it also gives you an idea of the reputation of the real estate. You could also avail of easy loans at the lowest rates. 

Scheduled Delivery of the Project- Before investing your money into any real estate, it’s advisable to have a complete assessment of its timeline. Taking its sales, delivery, pace explains as to when you are expected to enter the final project. 

Nearby Infrastructure- Before purchasing any new flat in Kolkata , it's always necessary to check the surrounding area where you would settle in the near future. It’s always recommended to have a background check on the facilities like best-in-class amenities, physical infrastructure and connectivity at it’s best.

For eg. Windermere Project under Signum Group, has in hand, a bunch of modern amenities in the Northernmost region of Kolkata, providing its residents with a safe and comfortable lifestyle. 

Hence the question arises,

Why Choose Windermere?

When you consider purchasing a property in North Kolkata, you would benefit if you head over to Windermere by Signum Realtors, which provides one of the best projects in Madhyamgram. Being like a gem-set in the flanges of the city, they make sure that their customers experience a comfortable life throughout. 

From exclusive amenities to easy connectivity, Windermere makes sure you cherish your golden moments of life. 

With Windermere, we assure that you live a stress-free life without any possibilities of needing to have a double check on anything. 

 

What has Led to an Increase in Apartments Sale in North Kolkata?

 Who knew North Kolkata would one day become a hub of modern residential projects in the city. North Kolkata is known for its vintage vibe, even today. If one wants to experience the uncut version of the city, North Kolkata is the best place to explore. The narrow lanes, the old houses, the small tea shops with people chit-chatting, kids playing gully cricket and of course, the quintessential Durga Puja- everything about this part of the city portrays the true version, unlike South Kolkata. 

Keeping this intact, real estate companies in Kolkata are tapping on this region to come up with new-age homes encapsulated by the old world charm. Here are the reasons as to why the sale of residential flats in North Kolkata has increased. 

Reasons Justifying the Increase in Apartment Sale in North Kolkata

The Ambiance

The atmosphere or the ambience that North Kolkata holds is quite different from that of South Kolkata, as we have mentioned earlier. In today's world, individuals are seeking to shift to a place that is calm and less noisy. Hence, there comes the first reason as to why residential flats in North Kolkata are in high demand. 

Cost-Effective 

The apartments for sale in North Kolkata are cost-effective as well when compared to South Kolkata. Most of the projects will provide you with spacious apartments along with other features to foster a lifestyle of your dreams with your budget. 

Spacious Living

North Kolkata will also provide you with spacious apartments. Most of the residential projects in North Kolkata consists of apartments open on 2-3 sides to enable the entrance of natural light and air in each room. Additionally, each of the apartment is set amidst nature, thereby keeping you away from heavy urban pollution. Some projects will also provide you with flats in Kolkata close to the Ganges as well. 

Modern Amenities & Facilities

The real estate companies in Kolkata are making sure to provide the residential projects in North Kolkata with excellent facilities and amenities. Most of the projects are outfitted with modern features to foster a convenient lifestyle. Unlike our perception about projects in North Kolkata, most of the projects here will provide you with convenient living. 

Locational Advantages

Most of the projects in North Kolkata are positioned in such a way that it will foster an easy lifestyle. The real estate companies in Kolkata are making sure to tap on locations to keep the residents close to commercial facilities along with easy connectivity options. Since North Kolkata consists of cabs, buses, trams, metro links, railway link and autos, travelling from this region to other parts of the city will not be a challenge. 

These are some of the primary reasons behind the increase in residential flats in North Kolkata. You can check out some of the most prominent projects by the real estate companies in Kolkata to find your dream home within your budget. 

What makes Windmere the first choice for flats in North Kolkata?

In a time where the day usually dawns with stress, one might demand for a peaceful morning close to nature. Therefore, Windmere is a residential project in Kolkata that provides you with utmost safety and comfort at home. Windmere understands the need of the hour and hence have strategically built its flats which will keep you close to basic facilities and you would not have to give up on luxurious amenities as well. 

Why is Windmere the first choice of a homebuyer?

Situated in North Kolkata, Windmere has its flats in Madhyamgram which is highly beneficial to the homebuyers. Moreover, Windmere has the following offers this month, which will fulfil your dream of owning a house to your name: 

• You can now book your flats at just 11,000/-
• You receive Price Protection Policy till 2021

So, let’s find out more on why Windmere is a preferable option for homebuyers. 

A strategic location:

Windmere is situated in Madhyamgram which offers an emerging neighbourhood and also assures easy access to basic necessities like banks, ATMs, grocery stores. It is in proximity to NSC Bose airport and Sodepur Railway stations which makes your commute outside the city easy. When it comes to traveling in the city, this residential property in Madhyamgram is close to the East-West metro which adds value to the homebuyers acquisition. It is also close to various educational institutions and healthcare centres as well. 

Amenities:

We always have a soft corner in our heart for the amenities when we think of buying a home. Hence, Windmere presents a host of amenities which will fulfill your dream of living a luxurious life. It is also very important to keep yourself fit, especially in these times where the virus stands before us. To beat that, Windmere has built amenities like the gym, pool, games area, etc, so that you can stay fit and healthy amid your work from home stress. 

Eco-friendly Flats: 

Most residential projects provide a luxurious lifestyle, but what makes Windmere different is the fact that along with luxury, it also provides unique features that makes your lifestyle more eco-friendly. With features like rainwater harvesting and solar powered lighting, Windmere’s residential flats in North Kolkata give a new definition to modern living. Windmere believes in taking necessary steps for a sustainable environment which also makes it the top priority of homebuyers.

Be close to Nature: 

With amenities like landscape gardens,a 1.5 bigha natural lake with lily pool, open theatres and many more, Windmere’s 2/3/4 BHK flats in Madhyamgram is your one-step solution to be close to nature as well as modern living. These flats also have ample cross-ventilation so that enjoying your time peacefully becomes a regular affair for you. 

To sum up, these are the reasons that make Windmere a homebuyer’s choice. In these hard times, give a break to outdoor activities, not your dreams. Hence, if you are looking for an apartment for sale in Kolkata, Windmere in Madhyamgram is an ideal option for you. 

WHY BUYING APARTMENTS IN KOLKATA IS BETTER THAN RENTING?

Purchasing a house is a milestone choice in one's life and the way to do what needs to be done is by investigating enough upsides and downsides of the area of the apartment which are on sale and you want to buy! So to avoid the hassle and research before buying the house some people tend to rent an apartment of their choice. But if you dig deeper you will realise buying a home of your own is better than actually renting a place.

 

Here are a few reasons why is it better -

New Emerging Properties That Keeps The Essence Of Calcutta

 

In the event that you wish to purchase property in Kolkata, there are a heap of ideal places to browse. But, North Kolkata has recently been roping in current homebuyers for what it's worth yet to be dispossessed of its old-world appeal.

 

Marvellous embroidery of conservatives and innovation, North Kolkata has basically become an adored area in Kolkata out of which Madhya gram merits a unique notice for its different area advantages and offices. So buy your own flat in Madhyagram for a lifelong affair with our city of joy, Kolkata.

 

Your Own Open Space To Breath

A couple of years back as expected, North Kolkata was only occasionally investigated by engineers. Buying a new property in Madhya gram or Sodepur with all the cutting edge solaces of metropolitan living in addition to greenery and peaceful lakes around less the city's hustle. If you rent a place you may not get access to the whole area so isn’t it better to buy a place when in the end you pay the same almost!

 

That is the thing that Windermere, a commendable private property in North Kolkata has to bring to the table with its 2/3/4 BHK extravagance lofts. The gated private network has rambling finished greens and a characteristic lake with a lily pool that encompasses inhabitants in a quiet climate ideal for unwinding.

 

Resale Values Are Always More

If you are living in a rented place have you ever gone through the tough process of raising the rent while renewing the lease? Well, that’s a huge problem when you are renting. The landlord is bound to raise the amount once your old lease gets over.

 

When you buy a home on your home then there is no unnecessary headache about it at all. When you leave the house or move to a different city you can sell the house to someone else with much higher prices and that involves more authentication.

Get yourself flat at Sodepur with 3,4 BHK  flats at Windmere for a worry less living. 

Your Wish Is Your Demand

 

Have a kitchen you don't adore or a restroom that is in genuine need of a renovation? At the point when the house is yours, it's your call. In the rented house, you cannot change a single thing unless you have permission from the owner. You can do whatever you'd prefer to the house you own, from full redesigns to painting the dividers. You'll have significantly greater adaptability in these things, and for some, that is a genuinely engaging piece of purchasing your home.

 

So, before you choose to stay in a rented place for a long time make sure you consider for once to buy a new home especially in North Kolkata, Madhyamgram as it is the new hotspot for all the new homeowners. Buy a flat of 3/ 4 BHK flats in Madhyamgram and dive into the essence of Old Calcutta every day.