Suburb January 2019

No Tax Benefits: While buying a house,
one can avail tax benefits with home loan
but no such facility is available for people
while renting.
Have to take the property as is: Seldom
people get the flexibility to remodel a
rented house according to their
requirements. So, if you are particular in
changing the face of a house you want to
stay in, rented properties are not for you.
Buy
Advantages
Security: Investing and owning a house
always makes a person secure for life. You
have a place of your own with which you
have an emotional and secure connect.
Part of your Equity: Investing in a house
will instantly become a part of your
portfolio and which will grow and help in
the time of need. Real estate is an
appreciating asset and even in a slow down
the market sees an appreciation of 5-10%
tell industry experts.
Income Generation: Once you invest in a
house,even if you don’t stay there it will
continue generating revenue for you in the
form of rent. And investing in a very prime
place or a business district will attract
fabulous rental yields.
Doing the house the way you want:
Finally, everyone has a specific way of
living, doing their house and so on and if
it’s your own house, the sky is the limit for
doing it the way you want.
Disadvantages
Slow moving equity: So, for instance, if
you are in dire need of money and want to
sell our property, the minimum time to sell
will be at least two months owing to the
paperwork and regulations. So, it’s better
that one plans and buys and plans and sells
a property.
Down payment: While booking a project,
you have to pay a down payment of
minimum 10%, before the home loan.So,
this way you will be using your savings to
invest in a project, which can be fruitful or
dicey, getting you in a risky situation.
Finally, there is no this is better or that is
better; what is best is based on the
situation that you are in. One should
consider all the above mentioned pointers
and then make a sound decision that will
work in their favour. s
LAUNCH PAD
Peel Off with Black
IzukImpex the company
behind the brand
Moonstar, has
introduced charcoal
peel off mask with the
goodness of olive to
remove the impurities from
the face and make it appear
fresh and beautiful.
Regular use helps to
remove blackheads, oil
spots from face and tightens
the skin.It is available in the
market both online and stores
across the country.
A step of feminine
grace
Flirtatious by
Truffle
Collection is a
mark of playful
elegance that
matches with season’s
latest style. An aweinspiring
footwear
congregation for women
fashioned in lively
colours of red, nude and
ebony black is a sure
show-stopper. From
strappy block heels to
furry stilettos Truffle
Collection offers myriad
options to choose from. Price: Rs 2,699 onwards.
For her love
of ethnics
The
collection
from
Rangritiis a
visual feast
for young and
adventurous women
who love life in all its
colours. The collection
is contemporary
chic.Pick your choice
for her from a varied
product line including
Kurtis, Kurtas,
Pallazos, Pants &
Skirts or gift her a
jewellery piece.