For us Indians, the decision to buy a home is a vital one as it signifies stability. Investing in real estate provides a sense of security as it is not significantly influenced by market fluctuations. Post the pandemic, large numbers of home investors are entering the residential real estate market.
Here is why these are good times for home investors:
Discounts and Offers – Post the pandemic, real estate developers are offering various schemes and discounts to woo buyers. This is a favorable time for home investors who are on the lookout for the best deals in real estate.
Lower Interest Rates – Home loan interest rates are currently at an all-time low. This has made applying for and availing of loans extremely simple and lucrative for homebuyers.
Long-Term Asset – Residential real estate is a tangible, physical asset that provides greater stability compared to other investments.
Great Return on Investment – Real estate is an investment that inevitably appreciates over time. Spending some time mulling over the location, the builder, etc., will reap good financial returns in the future. Property provides assured returns on investment, unlike other investments that can fluctuate and lose value.
Variety – There are numerous residential development projects currently in progress. These will suit a variety of budgets and other requirements. Homebuyers today have a vast array to choose from, suiting their individual needs and wants.
Reputed Builders – The residential real estate sector in the country is well-established, and there are several large, reputed players in the market. Homebuyers are assured that their money is well spent when they invest in a property from one of these builders.
Rental Incomes – There is a rising demand for rental housing in every location in the country today. This means that homebuyers are assured of a good rental income should they decide to rent out their properties.
Prestige Group prelaunch apartment is Prestige Serenity Shores.