https://www.shimmeroceanpearls.com/
Second Homes and India
What is a second home? A second home is a new concept that is more to be understood. It is a secondary residence that can be resided for a small amount of time in a year along with that person’s primary house. It is not meant for rent. Though second homes can be seen as a place to go on vacation, they are also a step towards property investment. One of the differences between second homes and other property investments is that the interest rates for second homes are much lower than other property loans. Second homes like second homes near Mumbai are the ideal concept for both leisure and income. According to studies, there are nearly 7.5 million second homes owned by people in different parts of the world. Florida has the most second homes, and then comes Arizona and California.
The concept of second homes is also growing in India. People seem to enjoy these little treats of weekend gateways. Second homes in India are becoming an established concept, giving its people a taste of joy and relaxation. Some of the primary second home projects in India like Palms Resorts, Ambi Valley project, or the Lavasa project have not been a complete success, but that does not mean India has given up on the concept. One of the main reasons why the second home projects are growing is that people are constantly working day and night. They all are not inherently rich that they would enjoy and spend all their money away. Most people work hard these days, to make everything work out. And when they take a break, going to films or long drives does not suffice. This is why second home projects have become so much of an interesting concept. There are some great deals on second homes in different cities, especially second home projects in Mumbai have the best locations and offers.
Some of the best second home deals in India are available in some beautiful areas – • Nihar on the Ganges • KILA DALIJODA, A Heritage Homestay. • Elara beach view homestay • Spice value campground • Kisan eco-farm wooden touch • NivantAgro experience.
Some of the best utility that comes off second homes are 1. Rent – a person can own and rent a second home no matter where is it. This way a little extra money can be the savior at times 2. Investment – any property purchasing means investment to future profit. Second homes are not exceptions. 3. Tax benefits – second home has large tax benefits if compared to primary house ownership. Secondhome projects, on the other hand, give a low-interest rate. 4. Convenience – it is convenient for any person to own a second home. It is good for both mood relaxations or future gains 5. Gatherings – owning a second home can also sometimes mean spending more time with your close people. Second homes allow you to call people over and sit together and have a nice quality time.
Is owning second homes the newest trend? It is very natural of us, if we, just for some days get away from the usual maddening crowd of cities to somewhere we like, somewhere with peace. Second homes are new windows for people like us who cannot take routines or pressure anymore. Thus, people are more and more owning up to buying second homes in places of their choice, where they can choose solitude over anything else.
Things that you should consider before buying second home project in Mumbai are – • Make sure it is near your primary house. If it is far from your primary house, there won’t be any comfort in hurrying and constant long journeys. • Make sure that you are financially capable. Though loans for second homes have a lower interest rate than normal property loans, still one should not rush into making some decisions. • Make sure to weigh all the pros and cons of the place you are thinking to buy your second home at. The place’s electricity, water supply, local shops, environment, security, food, and internet, all should be taken under consideration before purchasing a second home. • Make sure to maintain the second home even if you are not staying in it. This will save you from extra costs and make future investments more profitable and easier.
There are some beautiful locations for second homes near Mumbai – • Mumbai Pune Expressway - 155 Km from Mumbai • Igatpuri and at TrimbakGhoti Road: 125 Km from Mumbai • Alibaug- 100 Km from Mumbai • Near Nandgaon / Khandas Village Matheran- 95 Km from Mumbai • Wada - 90 to 100 Km from Mumbai. • Manor- 87 to 90 Km from Mumbai. • Lonavala: 85 Km from the city. • Shahapur- 85 Km from Mumbai • Khopoli Pali Road: 75 Km from Mumbai. • KarjatKhopoli Area: 60 to 65 Km from Mumbai • Uttan Beach, Pali Road - 45 Km from Mumbai