Pros and Cons of Buying a Home in Guwahati

If you’re considering putting down roots and buying a home in Guwahati, you’re not alone. This vibrant city has become an increasingly popular destination for homeownership. But before you make this major investment, it’s wise to carefully weigh the pros and cons.

In this blog post, we’ll explore the key advantages and considerations of purchasing property in Guwahati in a balanced way. That way, you can make the best decision for your needs. We’ll look at factors like the real estate market, infrastructure, amenities, investment potential, and more. 

Our goal is to provide you with a complete picture of what it’s really like to become a homeowner in Guwahati today. With this information in hand, you’ll be ready to determine if planting your roots here is the right move for you.

Advantages of buying a home in Guwahati

• Cultural Diversity: Guwahati is a melting pot of cultures and offers a unique blend of traditional and contemporary lifestyles. The blend of cultural diversity thus, significantly enhances the living experience. Also, the city provides a rich tapestry of festivals, cuisines, and celebrations making it truly special.
• Scenic Beauty: Nestled along the banks of the mighty Brahmaputra River, Guwahati is a haven of breathtaking natural beauty. Homeowners can enjoy a serene and peaceful environment and a tranquil living experience.
• Developing Infrastructure: The city has witnessed remarkable infrastructural development. improved roads, enhanced connectivity, and the latest amenities contribute to a convenient lifestyle for residents. So, this makes it an attractive prospect for potential homebuyers.
• Thriving Real Estate Market: The real estate market is on an upward trajectory. Therefore lucrative opportunities for sound investments attract potential property buyers. Consequently, property values are appreciating steadily. Therefore, this makes it a favourable time to buy a home as part of a long-term financial strategy.
• Educational Institutions: Guwahati is home to reputed educational institutions. Consequently, this makes it an ideal choice for families with children. The city also has quality educators and world-class universities and schools. 
• Culinary Delights: The city offers a diverse gastronomic culinary scene. Almost all major chains of restaurants have outlets here. Residents can enjoy local Assamese cuisine to international flavours. Thus, ensuring a delightful experience for food enthusiasts.

Disadvantages of buying a home in Guwahati

• Traffic Congestion: Similar to many growing cities, Guwahati faces challenges related to traffic congestion. Residents experience bottlenecks during peak hours, impacting daily commuting. Therefore, it’s imperative to consider this aspect when choosing the location of your prospective home.
• Flood Risk: Parts of the city are susceptible to floods due to its proximity to the Brahmaputra River. Although efforts have been made to mitigate these risks, potential homebuyers must assess the flood-prone areas. 
• Limited Job Opportunities: Although Guwahati is evolving and is the gateway to the North East, job opportunities are limited compared to larger metropolitan areas. Hence, you must carefully evaluate career prospects and the availability of employment options before making a decision.
• Climate Considerations: Guwahati experiences a humid subtropical climate with heavy rainfall during the monsoon season. Artificial floods affect considerable areas within the city. 
• Limited Healthcare Facilities: While the city has good healthcare facilities, there might be some limitations in specialised medical services. Therefore people with specific healthcare needs should consider this.

While these disadvantages are certainly worth keeping in mind, the good news is that Guwahati is actively working to address many of these concerns. The city’s infrastructure and facilities continue to develop and improve as its population grows. Major investments in urban planning aim to tackle issues like traffic congestion, flooding risks, and access to healthcare. More companies also recognise Guwahati’s potential and bring new job opportunities here.

Beyond that, Guwahati is rapidly becoming a hub connecting India to South Asian countries. With enhanced air connectivity, quality roads and infrastructure, and world-class hospitality options, the city is positioning itself as a strategic centre for regional and international business.

So for homebuyers who can see past the current shortcomings, owning a home in Guwahati could be a smart investment. If you buy property in an area where the infrastructure is steadily improving, your home’s value is likely to increase over time. Being part of a city on the rise can reap rewards later. While weighing the disadvantages, keep the prospects in mind too.

In summary, Guwahati still has progress to make, but the city shows promising signs of continued development. For the right homebuyer willing to buy into the future trajectory, property in Guwahati is a winning long-term choice.

Capital Appreciation of Property

Notwithstanding limitations, investing in real estate in Guwahati can be a wise decision. Guwahati is showing an upward trend in the real estate industry’s robust growth. This offers substantial returns over time. Also, infrastructure development in key areas such as Beltola, Fatasil, Kahilipara, Ganeshguri, Bhetapara, Dispur, Zoo Road, Athgaon, Lokhra, Jalukbari etc., enhance the value of properties located in these prime zones.

Tax Benefits

Acquiring a property is a smart financial move. Also, it is about boosting your social standing. Plus, it comes with tax perks. Consequently, allowing you to claim deductions on your income tax. Moreover, with a joint home loan and equal repayments, one gets reduced income tax liabilities. You can also consider government schemes like PMAY and Apun Ghar while looking at potential properties.

Maximising Returns Through Renting

Buying a home opens up doors for additional income through renting. There is a high demand in the rental market of Guwahati. Thus, rental income eases the burden of your property loan EMIs. Hence, you can gain more financial flexibility.

Access to Opportunities and Enhanced Lifestyle

Settling in Guwahati, the state capital, brings a wealth of opportunities. The solid infrastructure, easy access to top-notch schools and excellent medical facilities open doors to improved quality of life. As the city is centrally located, it offers residents convenience and easy access to various amenities.

Tailoring Your Space to Perfection

When you own a property, you can modify your living space according to your preferences. Ownership gives you the freedom to renovate the flooring, bring in new decor elements, or experiment with wall colours without needing external approval. Each modification adds to the overall appreciation of your property’s value.

Conclusion

In conclusion, the decision to buy a home in Guwahati envelopes a myriad of considerations. As the city continues to grow and evolve, investing in real estate stands as a strategic and rewarding decision. By acquiring your dream house in Guwahati, you can unlock a host of financial benefits and get a dream home. Thus, paving the way for a secure and prosperous future.

To understand the pros and cons of buying a home in Guwahati, partnering with a trusted real estate developer is paramount. So, connect with Ridhi Sidhi Group, a trusted real estate builder in Guwahati. Their unwavering commitment to quality and customer satisfaction makes them an ideal choice for prospective homebuyers. If you’re ready to embark on your homeownership journey, consider Ridhi Sidhi Group for a seamless experience. Take the first step towards your dream home with Ridhi Sidhi Group! Call us at +91 88227-97071 or schedule an appointment online today.