Buying a house requires a lot of time, effort and money, but these simple investment tips can help make the home buying process manageable and help you make the best decision possible.
Real estate will prove a good investment option and it also scores over gold as an investment option by a long shot. The ‘Smart Cities’ concept has been given a great push by the government and it has decided to fund 100 smart cities all over India.‘Smart Cities’ in itself has become an autonomous system. It is a fully loaded entity which will have expansive green landscape, immaculate architecture and an exhaustive line up of world class amenities. The housing according to the government will be for all i.e. affordable.
Once you are sure that this is the right time to shift from a rented apartment to your own home, a whole new set of questions start popping up in your mind. Before making that property investment, choosing the right home loan is important. Nowadays, numerous financial corporations are providing home loan facilities to the customers and these loan products are also offered in varied specifications. In the midst of a plethora of home loan options, it is hard for the customer to choose the kind of loan that best suits his risk profile.
Before starting the home loan hunt, you should first analyse your own risk profile. Ask yourself whether you are in a position to commit to a long term repayment process. After you have properly analysed financial condition over the next ten years, consider the following factors to choose the right home loan: [Read more…]
After the coming of Modi led government at the center, the urbanization drive in India has regained its lost pace. Better urban planning and development of ‘100 Smart Cities’ were the two key promises made by the government. A well-developed urban skyline will not only cater to the needs of dwellers but will also attract a great deal of foreign investment. According to a report, by the year 2050, India will have more than 400 million urban dwellers and so more will be the need of residential and commercial properties.
However, urbanization will require more land parcels. But the paucity of available land in the urban cities of India has come forward as one of the biggest challenges in this process. And when there is no space to grow on the land, the cities will develop vertically. High rise buildings will mark the future skyline of the metropolitan cities. Several high-rise residential projects are already in the pipeline. Lodha World One in Mumbai is going to be the world’s tallest residential tower at 423 metres. [Read more…]
Are you thinking of making an investment but doubt that you are too young to do that? May be it’s time to give it a second thought. Real estate is one of the most preferred sectors where you can put your hard-earned money. Most of us think that we are not mature enough to make an investment. However, the younger you are while making your first investment, the more wealth you build for yourself.Even if you are only 27, you should start believing that the ‘old’ you is slowly creeping up. And it is only in this young age that you shoot for the stars. Though you have a lower disposable income at this age, a proper planning will surely help you achieve success.
Purchasing a property for residential or commercial use may be a daunting task. But if you look at it as an investment it would emerge as the best purchase that you have made in a lifetime. Real estate is one of the least risky and most lucrative options of all investments. It can emerge as a source of regular income or a high return investment.
Here are a few reasons why you should consider investing in real estate.
High ROI- Investing in real estate leads to profitable turnouts in the future. The value of property has never gone down in India, it always appreciates. You cannot be sure whether the equities or mutual funds you have invested in are going to inflate in value in the coming time. But the returns on real estate investments are always rewarding. [Read more…]