Buying versus Renting

Buying or renting which is the right choice? Both choices have it’s own on merits and drawbacks. Here is a note on the debate, buying or renting which is better.

•    Merits of buying a residential property

 Living on your own home is a different feeling when compared with living on rent. Your own offers a greater level of pride, care and security to you.  You have full freedom in your property, no one is there to restrict you. In the technical viewpoint, it is a long term asset, a valuable asset which will increase its value with time.

•    Benefits of renting

For a nomadic lifestyle, a rental home is the right choice for you. It is the most flexible choice for you.

•    Demerits of buying

Buying a home is associated with huge financial responsibilities. If you are financially stable and no other obligations present, then it is not a matter to consider otherwise it matters.  You are also accountable for the extra charges associated with a new home purchase. Less mobility is an another disadvantage to mention.

•    Drawbacks of renting

A tenant doesn’t have the full freedom on the property he is bounded by the rules of the lease agreement.

Ladder Kerala one of the leading players in the real estate market of Kerala as builders in Calicut presents its flagship project Ladder Mankav Greens, apartments in Calicut designed with world-class standards. The project, luxury flats in Calicut is a perfect abode for a luxury urban lifestyle in the city.

To Know More   Ladder Kerala

Read More      

4 Reasons Why Smart Homes Are Gaining Popularity In Calicut

5 Errors To Avoid In Kitchen Design

How To Choose Between A City And Suburbs For Property Investment

How Real Estate Has Changed Over Time