A myth is a story or an idea that is false in reality but is believed to be the truth. Buying a home is a crucial decision as it is usually a one-time thing in most lives and there’s a lot of pressure to make the right decisions at the right times with all the requirements in mind. Considering the magnitude of the real-estate sector, there are bound to be misconceptions due to lack of awareness and accurate knowledge, and they can lead to unnecessary confusions, hindering the work in progress therefore, thorough research is of the utmost importance.
Common Myths
- To buy a home, you must be rich: Starting with the most widely spread myth. This is not true as home loans can pay up to 80 percent of the total amount and are repayable via EMI’s which are compatible with you and after the implementation of the PMAY scheme the investments have become easier and economical.
- High Risk = High Returns: Every investment you make has some risk factor and in comparison, to the other sectors, real-estate is considerably stable and it gives your investment a completely secure environment and a constant gradual growth to your investment.
- Investing in developed areas is the better choice: Prime locations do have their perks but they are quite expensive with low potential for growth. The up-and-coming locations have a massive potential for multiplying the investment to unimaginable extents with low original investment.
- To buy a home, you must be rich: Starting with the most widely spread myth. This is not true as home loans can pay up to 80 percent of the total amount and are repayable via EMI’s which are compatible with you and after the implementation of the PMAY scheme the investments have become easier and economical.
- High Risk = High Returns: Every investment you make has some risk factor and in comparison, to the other sectors, real-estate is considerably stable and it gives your investment a completely secure environment and a constant gradual growth to your investment.
- Investing in developed areas is the better choice: Prime locations do have their perks but they are quite expensive with low potential for growth. The up-and-coming locations have a massive potential for multiplying the investment to unimaginable extents with low original investment.
- To buy a home, you must be rich: Starting with the most widely spread myth. This is not true as home loans can pay up to 80 percent of the total amount and are repayable via EMI’s which are compatible with you and after the implementation of the PMAY scheme the investments have become easier and economical.
- High Risk = High Returns: Every investment you make has some risk factor and in comparison, to the other sectors, real-estate is considerably stable and it gives your investment a completely secure environment and a constant gradual growth to your investment.
- Investing in developed areas is the better choice: Prime locations do have their perks but they are quite expensive with low potential for growth. The up-and-coming locations have a massive potential for multiplying the investment to unimaginable extents with low original investment.
- To buy a home, you must be rich: Starting with the most widely spread myth. This is not true as home loans can pay up to 80 percent of the total amount and are repayable via EMI’s which are compatible with you and after the implementation of the PMAY scheme the investments have become easier and economical.
- High Risk = High Returns: Every investment you make has some risk factor and in comparison, to the other sectors, real-estate is considerably stable and it gives your investment a completely secure environment and a constant gradual growth to your investment.
- Investing in developed areas is the better choice: Prime locations do have their perks but they are quite expensive with low potential for growth. The up-and-coming locations have a massive potential for multiplying the investment to unimaginable extents with low original investment.
At TMR Group, we believe that customers should be well aware of all the real estate realities and truths which would help them own a property of their choice. With a plethora of options to buy a land for sale in Hyderabad and other prominent locations in the nearby vicinity, TMR Group offers some of the best plots for sale in Hyderabad. If you wish to invest with us, visit www.tmrinfra.com to know more about our projects and we would be glad to burst some myths you have about owning a property in the real estate.