We all want to secure our future, multiply our savings and wealth. There are various investment options available— fixed deposits, gold, stocks, real estate investments, and even venture capital. But when we look for the best option from all of them the lowest risk and the highest returns come from real estate investment in India. The prima facie fact that real estate never loses value or demand, makes it a great investment option, offering better returns than traditional investment ideas. There are a variety of reasons that make real estate investment the best option to safeguard your hard-earned money.
- Due to increasing bank scams now it is no longer safe to park all your money in banks.
- Investment in gold is risky as it can be stolen. And also no one wants to put their life and limb in danger by making them vulnerable to loot and attack.
- The stock market is also unpredictable. Growth of stock value can be slow, time-consuming and it is heavily subject to market risks.
- If we talk about Investing in startups, it’s also a risky option. Research shows that 90% of startups fail. If money multiplication is your goal, then investment in startups is not your best bet.
Why You Should Invest in Real Estate in India?
There are a variety of reasons that make real estate investment in India so advantageous.
Great returns with minimum risk: Risk is a very important factor when we talk about good returns and that is minimized when real estate is held for a lengthy period of time.
Better asset value: With increases and decreases in the market, there can be no value left in other investments, but your real estate investment will always offer appreciable asset value. Home owner’s insurance also protects such investment.
Steady passive income: One can easily generate profits from renting, buying, selling, and the ability to build equity on the property. It ensures that you get a passive income on the side, apart from your primary income.
It provides a hedge against inflation: With an increase in inflation, prices of rent can also be increased with time. However, such a benefit is not necessarily offered with stocks or other investment options.
Tax Savings: For salaried people, investing in real estate in India can help you with significant savings on income tax. If you avail of a home loan, you can get an IT rebate on the annual interest paid, a part of the principal loan amount, the stamp duty and registration charges, and other additional deductions under Section 24, Section 80C, 80EE, etc.
You will be the decision-maker: By investing in real estate you will be your own boss and therefore, risk management is easier since the control is in the hand.
Why You Should Invest in Real Estate Right Now??
If you are thinking that the markets are down due to Covid-19 and that this is not the right time to invest in real estate, then you will probably be surprised to know that now is actually the right time to invest in real estate. The recently lowered interest rates, combined with the discounts and rebates associated with Covid-impacted markets can help you acquire property at comparatively lower rates. This is why you should invest in real estate right now.
In conclusion, real estate has always been characterized by an appreciation of the value of the property. In recent times, with more and more international companies investing in India, real estate value has appreciated faster than ever. Even if you invest in a seemingly lower value property on the outskirts or in the suburbs, it can become a gold mine in the future with the appreciated property values! You can find suitable options whether it is real estate for beginners or real estate for entrepreneurs.
Buying property is a sustainable form of investment for your retirement, and also for your children and future generations. Your progeny will have a bright life and a secure future.
Pune is the best city to invest in India when it comes to real estate. There are plots, villas, apartments, and commercial space for sale in Pune. Check out our portal for the best property listings in Pune.