16/03/2021
Will it be wise to invest in the real estate market in 2021?
Here are some of the reasons why it is favorable to invest in residential real estate during these times.
Sense of security:
With uncertainties all around, people are seeking a sense of security. A survey suggests that 92% of the respondents would like to have a physical asset during these times.
Why Residential real estate:
During these trying times, when scenarios are uncertain, residential real estate is the safest investment and offers maximum stability. Higher returns could be expected once the economy starts recovering, which certainly makes this a perfect time for customers and investors to invest in real estate.
Availability of exciting Offers:
A combination of exciting schemes, relaxed payment options, and lower interest rates will make investing in residential properties advantageous.
Conducive Home Loan Rates:
Value of residential properties has mostly remained stagnant in the last 5-7 years across India, making them within the reach of customers This is the time when home loan interest rates are at an all-time low..Also, RBI has recently announced a reduction in the REPO rate which makes home loans even less expensive.
Advantages for NRIs.:The current situation is such where the Indian rupee is depreciating against other currencies making Indian properties a lot more attractive for NRIs.
I am based in Gurgaon. India, The Real estate market has started picking up, and it is a good time for investors to make use of the recent correction.
We as portfolio managers especially in real estate are getting our investors to park their money in assets that are 25% to 30% cheaper and we foresee good appreciation in 1 year to 1.5 years from now.
I am also providing this mail I'd for your research
Sanjeev. [email protected]
The real estate sector is one of the bellwethers of the Indian economy.Get latest Personal Finance online at cnbctv18.com
