We are launching an unique opportunity aimed at
First-Time-Buyers
to buy
Ready-to-Live
studio apartments with full pledged property management at various travel destinations across India. Imagine owning your very own studio flat in some of the most sought-after tourist destinations like Goa, Ooty, Munnar, and more. These properties are designed to offer not only an exquisite vacation experience but also the potential for substantial returns on your investment. For more details
First time in India
GOA
OOTY
MUNNAR
Investing in a studio apartment with property management at tourist places offered by
Uptown Living Spaces
can indeed be a wise option for first-time investors, especially for who are interested in vacation and leisure travel with tons of benefits.
Availing tax concessions on home loans is a significant advantage, especially for IT professionals with high incomes. The interest paid on the home loan is deductible under Section 24 and the principal repayment is deductible under Section 80C of the Income Tax Act.
Housing loans typically have lower interest rates, making it more affordable for first-time investors.
Own a property as a first time investor with a bare minimum investment as margin money (around Rs.10 lakhs) and avail housing loan by producing the relevant financial credentials.
The Uptown Living Spaces's assurance to pay the monthly EMI from the projected rental income can provide peace of mind to the investors. An incremental clause assures investor to enhance rent 10% at every 3 years interval.
The quick construction timeline for studio flats limited to 1 or 2 floors and adoption of modular/LGSF construction ensures a shorter wait time for rental income.
Commercial income from vacation rentals can yield a high return on investment, making it a potentially profitable venture.
The projected constant growth in the travel and tourism industry can lead to property appreciation, increasing the overall value of the investment.
Ensuring that the property is free from legal issues is crucial for obtaining a loan. This adds to the peace of mind for investors.
The ability to sell or liquidate the property at any time provides flexibility, unlike fractional ownership or shared vacation memberships.
