Weekend Homes-Best Investment choice near Mumbai
Today a weekend home near Mumbai is a popular investment avenue to escape from the ordinary and chaotic life of the city. Best Investment homes near Mumbai generally refers to a holiday home or vacation home. The pandemic has had a significant impact on the real estate investment market. After a slow down for 2 years, now it has revamped and exponentially seen a rise. As a result of being locked in the four walls, people now want a place with comfort and luxury both.
With the fast changing pace of lifestyle, people have shown desirable interest in weekend homes. People think a weekend home is a perfect getaway from stressful work life, where one can relax and freshen up for the same stagnant routine. Also another reason for purchasing a weekend home is to live a blissful life post retirement.
Importance of Weekend Home investment
Weekend homes near Mumbai are generally situated far from the chaos of the city amidst the greens and blues of nature. People have prioritized and managed their work-life balance. They want more flexibility and a quality life. Hybrid model of working has encouraged peace of mind among the people. Weekend home not only is a place to relax but also an excellent investment avenue to earn maximum returns. Real estate is the safe option as there is lowest market risk and even if it is, it doesn’t take away all the profit and capital. Moreover weekend home investment is best for:
- Long-term security- Real estate investment is for long term as one does not always buy and sell the property immediately. So it is the long term security in uncertain times. Also, a weekend home is like wealth in the time of retirement.
- Tax exemption- Property investment is the best for tax exemption. Investors get the maximum tax benefits over and above the interest of the home loan.
- Passive Income- Weekend homes can be the source of steady income through rents. When the owner is not staying there, he can rent the property so he does not have to worry about maintenance and security.
- Security during inflation- The safest option during inflationary times is property investment. Inflation can temporarily slow down the growth of the real estate market but cannot stop it.
- Flexibility- Owner has all the freedom about the decision making regarding his second home. If he wants he can rent it out or he can use it as the weekend home to have a relaxing time. He can also decide whether to keep it or sell it anytime and decorate according to his choices unlike the rented apartment.
Popular Locations for Weekend Home Investment
Being the busiest and never sleeping city of the country, Mumbai is the hub of unique locations for weekend home investment. You can find the best weekend homes near Mumbai to make your weekend memorable. They are always ideal abodes to make your weekends special and free of chaos. People who are looking Mumbai just as a ‘work land’ it is a city of dreamy weekend homes. Weekend home investment in Mumbai is not just a wise financial decision but the holistic choice for those who put family welfare as a top priority. Weekend homes near Mumbai around Alibaug, Karjat, Mahabaleshwar, Neral, Lonavla, are the preferred destinations.
Karjat has become the central point for weekend homes investments. Karjat is the pivot for Mumbai as well Pune commutation. It is around two hours’ drive from both ways. It is going to face infrastructural developments in near future. Considering its geographical parameters Govt. of India is currently working on developing airports and railways to connect it to suburbs. Karjat is also a junction, so this area is reachable from any part of the state. Hence this would be the perfect destination for your weekend homes near Mumbai.
Moreover, weekend homes in Karjat also have tourist attractions and adventures nearby. People can have fun at trekking, waterfalls, caves and forts, etc. Karjat is hub of inventories like 2 or 3bhk equipped with luxurious amenities and security parameters. Resort homes in Karjat are exotic place to experience the lavish life with amenities like:
- Private Jacuzzi/pool
- Open to sky shower
- Yoga and Spa
- Golf view villas
- Indoor-outdoor games
- Organic farming
- Rain dance
- Attic rooms
- Multi cuisine restaurants
- Pet friendly places
- Destination wedding venues
- Spaces for corporate events
These destinations can become your best choice of luxurious weekend homes near Mumbai. Having said all this, real estate investment has seen a boom in the year 2022 and will continue to show the rising bar. Working professionals are shifting their investment choices to real estate investment from other avenues. Real estate investment can be the best deal while considering the investment and benefit ratio. The term second home is turning into luxurious weekend homes or vacation homes. Mumbai’s pathetic rains can turn into a beautiful monsoon season with your perfect stay at weekend home in Karjat.