Real estate market in India is one of the most promising sectors for investment. Not only this market provides safe investment options, but also it promises to provide favorable returns. Experts believe that investing in real estate market is always better than investing in gold, mutual funds or any other investment schemes. However, it is always wise to do some proper research for yourself and study the property market of India carefully before making a decision of investment.
Even though real estate market was going through a rough phase in the past few years, new trends are expected to come out. With constantly increasing demands, the residential property market is only destined to grow in the coming years and will give you favorable returns on investment.
Here are some factors you must need to know before investing in real estate of India –
The real estate market in India is evolving at a rapid phase. After seeing a low down for quite some years, it has picked up its speed and is quickly gaining back the power. Growing at a rate of 9% per annul, the reality market is expected to reach $180 billion by the year 2020.
A number of prestigious real estate developers have started constructing various luxurious and mid-budget apartments to cater to the growing demands. Buying Property in Banglore, Hyderabad, Noida, Gurgaon, or Mumbai can give you favorable returns on investment.
The property market not only has huge prospect for high-end property buyers in India. A number of government initiatives like the “Pradhan Mantri Awaas yojana“have been put in place with an aim to provide affordable houses to one and all.
The rental properties are in demand as much as residential properties for sale. The trend is high in universal cities where more and more people are shifting due to better job prospects and enhanced lifestyle conveniences. Kolkata, Delhi, Mumbai, Bangalore, Pune and Hyderabad are some of the cities that have shown a high demand for both buying as well as rental properties. Buying a property for investment in these cities can help you to get a second income, even if you do not want to live in that house.
of all the Real Estate Market in India is heading to rapid growth. After seeing
many highs and lows, the reality market will now see a consistent rising for
the next 5-6 years. So, if you are planning to invest in Indian real estate
market, the time is now. Get in touch with a reputed real estate agent who can
help you find your dream house, which not only matches your criteria but is
well within your budget too. Make an investment today and enjoy favorable