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Should you rent or buy a home in Chennai?

26 November, 2018

Are you looking to move to Chennai? If you have decided to put your step there, the first thing that comes in your mind is about the rent of the place where you will live. If you move to a new city and do not get the place of your choice, you will never enjoy the work atmosphere. This article will help you with some of the tips so that you can get the best living experience in Chennai.

Why staying on rent is not a good option in Chennai

Well, don't welcome the decision of staying on rent in Chennai. There are various cons associated with it. Mentioned below are some of the disadvantages of renting a house or apartment in Chennai.

Freedoms are limited

After work, you need some time to relax. In order to relax you have to enjoy something, but with rented apartment, enjoyment is limited. So, do not expect to bring your friend around and enjoy a dinner with them, as shouting there may not be welcomed.

Apart from it, there are certain places where you cannot even smoke. So, if you are a smoker, then this will surely be a huge problem for you.

Hygiene

When renting a house, its hygiene is not dependent on you. It all depends on the owner, but in Chennai, it is not up to the mark. If you want to stay healthy and keep your place clean, then this decision is not for you. Even you will not enjoy cooking there.

Think another way, what will it be if you invest in property in Chennai? Well, in Chennai investing in the property is of great worth and you will surely reward yourself in the near future.

If you want to enjoy all the things mentioned above, then buying a house in Chennai will definitely be the ideal option. Apart from buying a house, there are also a lot of advantages.

Better return of the house

If you have the money to afford a house in Chennai, then why giving rent? Investing in the property there will fetch you better returns as the city is fast expanding and developing in terms of accommodating the population in the city. Well, buy a house where you have the option of renting it later and these will contribute to your income.

Where you can buy the property

When you have set your mind to buy a property, the most important thing to consider is about the place where you would buy. Some of the best places to buy a house in Chennai are OMR, Padi, Porur and all. Buying a house here means you are having higher appreciated rates. You will also get the best rental returns here.

In Chennai, if you are looking affordable house, then you can consider the option of Lotus Apartment Project. They have the option of 1bhk and 2bhk option at affordable rates and an excellent location. So, you can definitely go with this to secure a better future here.

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