Why should you buy a house at a young age?

When you are young, you have the world in your hands! But when it comes to spending and saving, young people tend to lack direction. Instead of spending money mindlessly, investing wisely in a home at a young age makes a part of your income well utilised for a better today and tomorrow. Nowadays, things have changed for the better as young professionals are getting heavy salaries and are able to establish a successful life on their own accord.

You do not need to reach middle age to have money to own a dream home! Thanks to buyer friendly loans and flexible EMI options, you can now buy your dream home like a flat in Thrissur at a much younger age - And this comes with many other benefits!

Tax Benefits

You can enjoy certain tax exemptions while buying a house on a loan. Under Sec 80C of Income Tax Act, you can benefit by getting a deduction of Rs 1.5 lakhs. Those who are buying a home for the first time Sec 80EE applies and ensures tax benefits until the loan is paid off completely. At a young age, you can make the most of your earnings.

Younger the better

Going for a huge financial commitment at an early age, you can pay it off sooner, and relax later in life. You may even be able to plan an earlier retirement.

Additional income

If you are staying in a different home or stay in a different country or city, you can rent out your property to gain additional income.

High ROI (Return On Investment)

As the cost of land and construction is escalating day by day, you can be assured that your investment in a home today will most certainly give you more returns tomorrow. You can be assured of a good appreciation value for your property. 

Creating an asset

Investment in an apartment is a valuable asset! As time passes, the value of the property increases and if you choose to sell the property for more value.

Peace of mind

If you invest in a flat while you are young, you can rest easy knowing that you are utilising your hard-earned money towards your dream home. It becomes a safe haven for your young family or aged parents and your loved ones are not subject to the arduous process of constantly moving from one rental property to the other. Your family will have a safe and secure environment to grow and 

lead a healthy life together.

Vishraam Builders brings to you 19 years of excellence in building Villas and apartments in Thrissur. As the most Eco-friendly builders in Thrissur, Vishraam Builders are committed towards timely delivery of Residential and Commercial buildings to achieve customer satisfaction. Make the perfect investment for your family, enquire with our team to book your flats in Thrissur today!