RENT­ING PLUS BUY­ING

Hindustan Times (Chandigarh) - Estates - - ESTATE -

Those that are buy­ing, are let­ting their hearts and their heads both have a say. Want to live in Lokhand­wala but can only af­ford a 1BHK in Bad­la­pur? Why not have both? Young buy­ers are choos­ing to buy where they can af­ford to, and still live where they want to, giv­ing their own homes out on rent to sub­sidise part of their own rent pay­outs. It doesn’t have­to­betheMum­baiMetropoli­tan Re­gion ei­ther. Buy­ers are look­ing to other cities’ fringes, to seek out the best value for money. “In 2016, Mum­bai saw a 56% in­crease in the num­ber of launch­esinThane’sAm­ber­nath areaandNav­iMum­bai’sPan­vel and Taloja ar­eas com­pared to the pre­vi­ous year,” says An­shulJain, MD of realty con­sul­tancy Cush­man & Wake­field In­dia.

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