3 BHK apartments in Hyderabad - Financial Solutions -

3 BHK apartments in Hyderabad – Financial Solutions

  • Deen Ashraf
  • realestate
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Are you tired of living by the old rulebook when it comes to buying a home? Good news for all you rebels out there, because tossing that outdated notion out the window is now the norm! That’s right, many young folks today believe in starting early when it comes to the most crucial investment of their lives – owning a home. In fact, some even go as far as biting the bullet and investing in a tiny home for the sake of it. If you’re a like-minded individual seeking to invest and make a splash in the real estate market, you may want to take a closer look at sale of 3 BHK apartments in Hyderabad and snag one of their sweet deals before they’re gone.

Of course, let’s not kid ourselves here – purchasing a home is a daunting and complex journey riddled with endless hoops to jump through. However, with careful and meticulous planning, you too can achieve this monumental feat and be the proud owner of a booming asset that grows in value over time. Isn’t that just music to your ears?

Hyderabad has a vast selection of flats for sale, tailor-made for young and hip investors like you! And once you’ve made that purchase, you don’t have to worry about paying rent for a significant part of your working life or watching that property rake in the dough as its value skyrockets.

And that’s not even the half of it – think of all the extra income you could be pocketing if you decide to rent out that bad boy down the line. No sweat, right? Just keep in mind that there are a few prerequisites that need to be met before you dive headfirst into the world of real estate. Don’t fret, though – we’re here to guide you every step of the way. Before you seal the deal on those 3 BHK residential apartments in Hyderabad, here are a few tips and tricks to help make your investment journey a success, while you can also consider 3 BHK apartments in Hyderabad by Avante | Luxury 3 BHK Residential Apartments in Kokapet | Poulomi.

Budgeting expenses:

Why stress about your monthly expenses when you can follow a budget that suits your lifestyle? Take a look at where your money goes each month and categorize your spending accordingly. Housing costs, food, entertainment, dining out, and shopping – where do you frequently spend your hard-earned money? With the convenience of modern technology, creating a budget has never been easier. You can use several applications available to assist you in tracking your expenditures compared to your income and ultimately help you save up for that apartment in Hyderabad you’ve got your heart set on.

But wait, you don’t have to sacrifice your entire lifestyle to make your budget work for you. Instead of cutting out all your favourite activities and services, opt to make a few adjustments here and there. For example, instead of dining out ten times a month, try reducing that number to five or six. You’ll be surprised at how much of a difference that small change can make in your overall expenses. Every small change you make gets you closer to your financial goal without disrupting your entire routine.

Another tip to keep in mind is to switch to more affordable alternatives, such as generic brands or “house brands” when grocery shopping. Instead of pricey gym memberships, consider working out at home. And why not try using public transportation or biking to work instead of driving? Every small change you make gets you closer to your financial goal without disrupting your entire routine. So, what are you waiting for? Start following your budget today and see how much closer you get to achieving your dreams of owning new properties in Hyderabad.

Transfer of Ownership Document in the constructor’s name:

It’s crucial to have the proper paperwork when it comes to purchasing a property. The registry or sale deed indicating that the constructor is the rightful owner serves as a legal document that solidifies the property’s ownership and leaves no room for dispute.

Monitoring your expenses is equally important if you want to stay within your budget. Categorizing your expenses and keeping a detailed record will help you create a monthly spending plan. Fortunately, purchasing apartments in Hyderabad comes with the extra reassurance of trustworthy and lawful selling methods, making the entire process smoother and more secure.

Adhere to Financial Discipline for Building Down Payments:

Developing a down payment for a home is no small feat, and that’s why it’s crucial to maintain financial discipline. The down payment needs to come from your own resources and can range from 10% to 25% of the property’s market value for a flat in Hyderabad. For instance, if a 2BHK apartment is priced at around Rs 60 lakh, the down payment would be between Rs 6 lakh to Rs 15 lakh.

The key to saving up for this substantial amount is to start saving, avoid any unnecessary expenses, and pay off existing debts as soon as possible. Additionally, it may be helpful to explore ways to increase your income stream and save more aggressively for the down payment fund. Remember, every rupee counts when you’re working towards your dream of owning a home.

Save and invest too:

While saving is important, it may not be enough to simply keep your extra money in a savings account. Investing may be a better option. For example, fixed deposit accounts yield around 6% interest per year, recurrent deposit accounts around 7%-8%, and mutual fund investments can produce anywhere from 10% to 15% returns or even more. While FDs and RDs are risk-free, mutual funds can outperform inflation over the long run despite their higher risk and sensitivity to market conditions. Investing may be beneficial if you’re saving for a flat in Hyderabad, as the same property will cost more in the future due to inflation. Furthermore, taking more risks while you’re younger and have fewer financial responsibilities can result in greater rewards.

Allocate funds for upcoming (EMIs):

To prepare for the expenses of a mortgage, it’s important to set aside funds for upcoming EMI payments. Nowadays, buying an apartment in Hyderabad without a mortgage seems like an unattainable goal. However, mortgages are costly and require monthly EMI payments that may exceed your current rent. To better plan for this, you can use an online EMI calculator to determine the amount you’ll need to set aside each month for your house loan repayment. After you have a specific amount in mind, consider allocating savings and investment earnings towards setting aside that amount each month, even before you begin repaying your EMIs. By doing this, you’ll have a sense of what it’s like to manage your finances once EMI payments start in earnest, making the process much smoother.

Preplan and allocate money for additional costs:

Apart from the down payment, buying a property comes with additional costs like stamp duty, registration fees, and interior design expenses. You’ll also need to tackle brokerage fees, legal costs, and home insurance fees. While it’s challenging to calculate the non-loan portion precisely, aim for an estimate to plan your action, using your EMI savings for guidance.

You may qualify for a lower interest rate with a strong credit score. To bolster your score, pay off bills on time, avoid applying for too many credit products, limit credit card use to 30% or less, and correct any discrepancies on your credit report.

Compare Home loans:

To narrow down your options, check independent websites to compare home loans when purchasing an apartment in Hyderabad. Floating rate loans typically start at 8%+ p.a. and may be linked to the bank’s MCLR. Meanwhile, fixed interest rates begin at 9%+ per annum.

Aside from interest rates, also consider processing fees (usually 0.25% to 1% of the loan amount), pre-closing costs (up to 5% for fixed-rate loans), and late payment penalties. Reviewing each flat’s home loan package can help you estimate the borrowing cost.

Tax advantages:

There are also tax benefits available when it comes to owning a home. For mortgage payments, you can claim a deduction for the interest paid up to Rs 2 lakh per financial year under Section 24 of the Income Tax Act. Moreover, you can deduct up to Rs 1.5 lakh from the interest repaid each fiscal year under Section 80C.


Buying a 3 BHK residential apartments in Hyderabad may not be an easy decision, but delaying it may not be advantageous either. While it’s true that your income may increase in the future, so will your expenses and financial obligations. It’s important to be financially savvy and exercise sound financial management skills. You may have to make some sacrifices, but the reward of owning your own home will be worth it in the end. The sense of pride and accomplishment that comes with owning your home is unparalleled. Moreover, owning your home can be an excellent investment in the long run, as property values tend to appreciate over time. Now is the right time to invest in 3 BHK residential apartments in Hyderabad and you can consider Avante | Luxury 3 BHK Residential Apartments in Kokapet | Poulomi

If you are looking for residential apartments for sale in Hyderabad, contact Poulomi Real Estates Pvt. Ltd.

Established in 2005, with headquarters in Hyderabad, Telangana, India – Poulomi is a leading real-estate and infrastructure projects development company. Leading providers of residential apartments, commercial and infra projects and delivering outstanding projects with timely execution. Approaching towards standards of ISO 14001:2004, 9001:2008 and OHSAS 18001:2007 certifications, Poulomi is renowned for extensive knowledge and experience, technological advancements, superior safety and commitment to deliver. Trusted by clients, Poulomi promises – Peace of Mind. For more details on our ongoing and upcoming projects, please contact: Mobile: +917070704444, email: sales@poulomi.in

For High End Ultra Luxury Apartments, you can visit POULOMI PALAZZO – 55 STORIES OF LUXURY

3 BHK apartments in Hyderabad - POULOMI PALAZZO




Author: Deen Ashraf

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