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Modern Days Living – Apartment or Home What to Choose
CategoriesSkyward Development

Modern Days Living – Apartment or Home What to Choose

Houses since the beginning of modern times have been used for living. Houses are mostly preferred because these structures are thought to be more stable as they are not heighted and the orthodox idea of having more space in terms of rooms, garden, parking lot and privacy.

They are thought to be less prone to natural catastrophes such as earthquakes. Idea behind the house is to raise a family but in recent times the joint family system is seen on a decline. Most houses now host 2-3 people as children grow up and move out in search of employment and other endeavors. Houses are expensive to maintain owing to their huge size. The community engagement in those areas is relatively low.

In recent times high rise buildings have the attention of the populace especially young generation as they are relatively cheaper. The idea of vertical housing is based on the premise of land saving when the population of the world is growing at a fast pace.

Another reason apart from being a cheaper alternative is that the cost of maintenance is very low and the area surrounding the complex is maintained by the management. Shared parks, pool, lobby and parking lots give residents a chance to engage more creating a sense of community between strangers.

A critique on high rises was on their structure and how the buildings are susceptible to earthquakes but modern technology has eradicated this problem. Building materials and construction techniques now are able to withstand earthquakes upto 9.5 richter scale.

Return on Investment – Banking Vs Real Estate
CategoriesSkyward Development

Return on Investment – Banking Vs Real Estate

When it comes to investing money people are generally confused due to lack of information about investment opportunities. Usually banks are considered safest when it comes to saving or investing money.

Banks usually give profit on money saved in saving accounts or return on money invested in other businesses the bank does. Saving accounts give 6-8% appreciation whereas investing in businesses and mutual funds pays off to 10-12%.

Customer has the option of receiving returns monthly, quarterly or annually. Banks are considered to be safe and non volatile but do not promise high returns rather fixed returns over a specific period of time. Funds invested by the banks are subject to market volatility and inflation which can result in loss in return on investment.

Real estate in modern times has risen as a promising investment opportunity with high returns. Returns range from 17-22% on average and in some cases can even climb higher than the said profit.

Real estate is considered a safe and stable investment as it is a physical asset. People tend to put their trust and money in assets which are physical in nature plus their buying and selling is relatively easier.

Real estate is a stable source of rental income supported by the appreciation of property value over time. It is also resists the impact of inflation whereas other investments i.e commodity businesses and stock markets suffer.

A simple example can be taken of the sector D-12, one kanal plot was valued at 35 million rupees in 2018 and in 2021 that same plot costs 60 million rupees, a whopping 23% appreciation annually.