A Home away from Home-your second home in Wave Estate

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A Home away from Home-your second home in Wave
Estate
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Introduction

• A home, away from home - the Second home
  concept has become increasingly popular over the
  past few years. Having a second home may be a
  huge investment, but it is good for lifestyle.
• There are many reasons for buying a second home
  some want for vacation, some are for rental
  income, and some may want to buy during
  retirement. If you intend to purchase a second
  home for any reason, we recommend that you
  consider all the pros and cons. The following
  slides will tell you why buying second home is
  important.

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Vacation dream home

• One of the valuable reasons is to buy a vacation
  home - it allows your family to build a new home
  base. We don't have time to spend with our family
  during our busy daily routines and frequent
  transitions. Here, these vacation homes on the
  outskirts of the city are a warm and calm place
  that can be a central place for vacations and
  gatherings, which can really strengthen family
  connections.

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Source of Secondary Income

• From a revenue perspective, the apartment will be
  a better investment because you can get it
  through the tenant's rent all year round. In this
  case, there will always be a parallel income
  inflow, which will also provide you with monthly
  financial security.

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For business perspective

• For those who live in Tier 2 or 3 cities and
  consider moving to Tier 1 for work or business
  purposes, buying a second home is the best
  option. Then, a person is free to move to his/her
  new work location. In this era of start-ups, a
  second home in a Tier 1 city will prove to be
  very beneficial to business growth.

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Savings in taxes

• For people with higher income levels, having a
  second home on a loan is a tax-saving way because
  you get a tax benefits on the principal amount
  and the interest portion.

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Better Return on Investment

• If you are buying a Ready-to-move property, the
  second home can double your income in the form of
  a short-term lease or accommodation. Your second
  home is the best choice for a better return on
  investment. If you are buying an
  under-construction property, you will definitely
  get a higher return on your investment when you
  own it.

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Conclusion

• Buying a second home in a cool, calm metro place
  is not as difficult as it was earlier, as there
  are many customer-friendly payment plans that can
  help buyers make physical reality decisions. It's
  like the Wave Estate in Mohali.

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Contact Us

• Address Sector 85, Sahibzada Ajit Singh Nagar
• Mohali, Punjab 140308
• Source http//www.waveestate.in/blogs/a-home-away
  -from-home-your-second-home-in-wave-estate

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