5 Reasons why you should invest in Affordable Housing in 2020
The thought of never owning your home is a heavy one. Especially when you consider the times we live in, one can easily get intimidated and lose hope over even trying to move towards that direction. There is been a huge influx of housing schemes all over Pakistan and millions of people who are well-off are considering investing in housing projects to benefit from them in a later stage in life. That being said, where does that leave the middle-class and the ones below?
The question of whether a house can only be built by someone who has enough money to invest in it rings through your mind and you might not be able to see the light at the end of the tunnel. However, that has changed. With several affordable housing schemes in play, it is comparatively cheaper for you and your family to be able to afford a home for yourselves before the year ends.
There are multiple reasons why you should be investing in an affordable housing project in 2020. We have listed down 5 reasons why you should be doing so. Keep in mind that a house is a long-term investment.
Convenient for Living
Affordable housing projects such as the ones Abstracthub provides its customers are primarily designed to be a form of convenient living where a family is given a home as quickly as possible. The interior design is made to be an efficient use of space so that you and your family are given ample space to carry out your daily duties. You not only get to settle down wherever you desire but can also get to wherever you want because that home becomes a place to rest up.
Affordable for Family
Our housing projects are extremely cheap and do not require you to be burdened with large loans. The goal is to ensure that all income families are given a place they can call their own without having to disturb their daily economic routine because money greatly matters in households where it is scarce. One model housing project will cost you anywhere between 2 lacs to 4 lacs depending on the kind of design you require. We also give families the option of designing their own homes as they best see fit which is a huge deal, considering the cheapness of the product.
Easy to Build and Maintain
A model housing project requires very little man power, materials and is very quick to build. The average time frame in which a regular house is built is between 16 to 18 weeks. The average time where Abstracthub builds your home is between 2 to 3 weeks.
This allows customers to easily get their home in a short duration. This feature is beneficial for all families that are in dire need of a home. What’s more is that you are given a guide on how to maintain your home such as cleaning of pipelines, battery exchange of solar panels as well as how to clear the feces container if you are living remotely.
Improved Quality of Life
Imagine the amount of satisfaction and security you and your family will have once your home is complete. No more rent expenses, no more worrying of what to do if the landlord/ lady suddenly decides to kick you out one day and definitely no more lack of privacy. Your family is not only safe from the environment and the elements but everyone can carry on with their daily lives and put their mental energy on something else for a change. This makes the affordable housing project a healthy investment to make.
Long-term Economic Benefit
The model home will last you for over 25 years until some repairs are needed. Till then, you can not only sell your home but also save up on the rent you used to pay earlier. All the major cities in Pakistan have very high rents for homes that barely fit the standard. What’s more is that you can convert your small plot on which you build your home to a shop if you are able to purchase a larger home in the future. The price of the small plot of land inside the city will greatly appreciate over time as is the case since 2014 in Pakistan.
The year 2020 may have had its setbacks with the world under a pandemic but there are ways you can still get through. One of them is to own a house that is built to your specifications and is cheap enough for you to not worry about other expenses. Food and water are importance necessities of life but so is shelter. Therefore, take your time to think it through but don’t give up on the opportunity. Time is money after all.