Posted by Admin on July, 09, 2019
The city of Nashik is gaining the attention of many men and women, as it is getting developed at a great pace. Having a population of around 3,50,000 people, this city accommodates a number of residential plots available for sale. It is regarded as a well-planned and a well-constructed city. Thus, it is highly preferred by those searching for a new abode. The affordable properties in Nashik are highly sought-after by the leading construction houses and builders for the development of a well-planned city. Moreover, one can buy a huge residential plot in this area at a cost-effective rate, as the circle rate is quite low in most of the areas of this city.
Involvement of real estate agents
Well-established property agents are involved in affordable properties for buy sale in Nashik. These agents act as a bridge between the buyer and the seller of the property. The credibility and market standing of these real estate agents must be thoroughly examined before acquiring a property. It must be ascertained that the land area specified in the documents is correct by carrying out a physical verification.
A reliable real estate agent for realising a plot should ensure transparency, systematic execution, timely completion of the transaction, fair rates, and full disclosure of facts. These agents should be able to offer a variety of properties to their clients so as that the interested party can make a right decision. A strong paperwork is also an essential part of the sale. These agents charge a commission on the basis of the amount of transaction. This commission ranges from 1% to 3% of the transaction amount.
The benefits of having an affordable property in Nashik are as follows-
1) The properties in Nashik have been constantly facing and an upward trend in the past 10 years. Be it residential of commercial property, there is an increasing demand for every type of property. To invest in a property of this city today can be highly profitable in the near future as a lot of structural developments are going on in this city.
2). Real estate is regarded as a safe and secure investment option unless there is a severe recession in the market. Buying a plot in the propitious city like Nashik is almost sure to return more money than it was bought for.
3). There are countless tax benefits that a property buyer can enjoy. For the tax purposes, as the property depreciates, lower amount of tax is payable on it. This goes on despite the fact that the property’s market value is going up.
Possessing a residential property itself gives a lot of social and economic security to a person. It can help someone to overcome the challenging times in life. The social status, financial stability, and self-esteem of a person also get boosted by having an investment in the real estate.
Thus, we can conclude that Nashik is a highly safe and secure option for investment in the residential real estate as compared to the other cities.