Real Estate Trends 2023

Now that the worst of the pandemic is over, the world is opening up again, including the global economy. For those who have been waiting undecided, this is the right time to buy a luxury villa in Bangalore. Whether its for your own use or for investment purposes, the value of gated community villas only goes up with time, and real estate trends indicate that 2023 is the best time to invest in villas.

Discounts

With business having slowed down during the pandemic years, most builders are ready to sell off their ready inventory and move on to newer projects at the earliest. For this reason, they are throwing in discounts and freebies to hasten sales and proceed with business as usual.

Rental Outflows

Why would you want to line your landlords pockets every month, when you can easily use the same amount to pay home loan EMIs towards a villa home that has your name on it. Play smart and spend your rent money to buy your own home!

Tax Waivers

One of the perks of buying your own villa home with a home loan, is that you can actually earn tax breaks on the interest you pay on your EMIs. This makes buying your dream villa using a home loan into a win-win situation all around!

Home Loans

Aside from above factors, home loans are also more affordable, making repayments easier on the pocket. While home loan interest rates were at a record low during the pandemic, they are still pretty decent as compared to pre-endemic era. The current interest rates are @ 8% PA to 8.5% PA.

Tech Updates

With a lull in construction activities, builders have had time to hone their building techniques and introduce newer technologies that add to the value and longevity of their products.

ROI

With prices of homes having stabilized, 2023 is the best time to invest in villas. When bought at the right price, you are bound to earn better future capital gains as compared to homes bought at higher rates. For more lucrative returns on investment, this is the right time to invest in real estate!

Fortius Infra has these luxury ‘Under the Sun’ villas nestled within a 30-acre verdant fruiting orchard in Devanahalli, Bangalore North. Each of these 145 contemporary-style, 4BHK villas is surrounded by its own fruiting trees and comes with a plethora of high-end lifestyle enhancing amenities such as a well-appointed clubhouse, numerous indoor and door sports amenities as well as swimming pools, promenades, lawns, etc. The Phase 2 consists of 39 plots with Villa BUA of 4000sft approximately. This project is strategically located just 2km away from NH7 and 5.5km from the international airport.

For those who know what good living is all about, do click here for more information: https://www.underthesun.co.in/#