In search of a spacious flat with good amenities and connectivity to the main city, you are considering a flat in Naigaon to rent. But you aren’t 100% certain whether that’s a good idea and there is still some confusion. Let us clear that out for you.
2 BHK flats in Naigaon or any other location comes with certain advantages and drawbacks. Let’s see what those are for a flat in Naigaon.
Pros
Let’s start with the good, shall we?
Affordability
Even buying the most spacious 2 BHK flat in Naigaon East is cheaper than most of the basic options in the city. Here in some cases, like Sai Enclave Naigaon, you also get fantastic amenities that could enhance your standard of living. With fresher air, you might even save some money on your healthcare expenses!
With a good choice of financing options, you can own a flat in Naigaon while spending just a little more than your rent.
Spacious Living
A Flat in Naigaon is spacious inside and out. A 2 BHK in Naigaon has more square footage than its metropolitan counterparts. In the city, the growing demand for living spaces has led to smaller houses. In a suburb like Naigaon, that is not the case. Premium builders like Radheya Construction Company also prioritize building comfortable spaces, thus ensuring a breathable, livable space for you to invest in.
Community and Environment
The uniqueness of 2 BHK in Naigaon is also about the place it is in—Naigaon!
It is right on the coast of the Arabian Sea and is away from the usual busyness of the city. After a long tiring week at work, you can rejuvenate yourself in the presence of nature. A scene completely different from Juhu during the weekend! Also, most residents in Naigaon are new families and retirees making for a truly peaceful community.
World-class Amenities
Some of the most luxury-defining amenities can be found in 2 BHK flats in Naigaon. Sai Enclave Naigaon by Radheya Construction Company is a great example of that. This project has promised 24x7x365 security with CCTV surveillance, it has a jogging track and a rooftop garden. They have also taken a step towards sustainability with rainwater harvesting.
Connectivity
Being in the suburbs, you’ll have to go for 2 BHK in Naigaon which gives you great connectivity. The location should be considered strategically when renting a flat in Naigaon. Sai Enclave Naigaon has an advantage here since it is just 5 minutes away from the nearest railway station and its connectivity to WEH is also great!
Cons
Now that the good, better, and best aspects have been covered, we can get into the bad.
Participation in Growth
By renting a 2 BHK flat in Naigaon East, you’ll participate in the community but not in its growth. This growing suburb is expected to give 25% annual growth on investment to its house owners. Buying a 2 BHK in Naigaon will let you exploit this opportunity.
Future Rent Hikes
The growth basically means a demand hike, and you know what happens to rent rates when the demand is on a rise. Negotiating with builders and financial institutions may help you own properties in prestigious projects like Sai Enclave Naigaon but renting it might burn a hole in your pocket soon.
Tax Benefits
Both rent and home loan EMI payments are tax-deductible in India. But the cap on rent-based deductions is a lot lower. There isn’t a huge difference when comparing the rent and EMI rates for properties in Naigaon. So, renting could create more notional losses too.
Lack of Flexibility and Security
Living in 2 BHK flats in Naigaon, you might get the desire to make some customizations to your space. In a rented apartment, you’ll have to jump several loops to do that—a situation completely avoidable when buying. And renting is infamous for its lack of security. Your stability is dependent on the homeowner’s whim, thus making it stressful to rent properties.
Conclusion
As you can see, renting is good, but buying a 2 BHK in Naigaon is great! The houses in Naigaon are selling like hotcakes, and the rental demand is giving buyer demand a neck-to-neck competition. Make sure you have booked your rental apartment in Sai Enclave Naigaon by Radheya Construction Company, a highly reputable builder with decades of goodwill and high-quality residential spaces.
Get in touch with our team to learn more about your next address!
